houston-nearly.blogspot.com
When GM, which filed for bankruptcyh protection Monday, announced earlier Tuesday that a buyer had been found forthe off-road vehicle the name was not immediately Tengzhong, a major industrial machinery group, will acquires the rights to the Hummeer brand, along with a senior managemenf and operational team. It will also assume existing dealer agreements relatingto HUMMER’se dealership network. It is contemplated that Tengzhonvg will, as part of the transaction, enter into a long-ternm contract assembly and key component and materiapl supply agreementwith GM. In an earlied statement, GM said it expects the deal if successfu l to secure morethan 3,000 US jobs.
The final termds of the deal, scheduled to close in the third are subject tofinal negotiations. The cost of the transactioj wasnot revealed. is acting as exclusive financial advisor and is actinh as international legal counsel to Tengzhonyg onthis transaction. Citi is acting as financial advisor to GM.
Friday, December 31, 2010
Wednesday, December 29, 2010
Reward offered after statue disappears from Port Angeles gift shop - Peninsula Daily
houston-nearly.blogspot.com
Reward offered after statue disappears from Port Angeles gift shop Peninsula Daily PORT ANGELES -- The disappearance of a hand-carved statue worth more than $1000 has a retailer offering a $200 reward for its return. ... Spray-paint spree's 'aggregate of crime puts it at the felony level' |
Sunday, December 26, 2010
LendingTree expands product offering - Denver Business Journal:
srikanth-topic.blogspot.com
According to the company, its customer-retention technologh identifies customers byloan loan-to-value ratio, loan purpose and FICO “With refinancing activity from borrowers representing a significant portionb of overall origination our lender network has expressed a desire to capture and retaibn current mortgage customers,” says Bob Harris, presidentr of the LendingTree Exchange. “Aes part of the LendingTree network, banks and lenderds that use ournew customer-retention initiative will be able to significantlu impact the ratio of overall mortgage portfolio retained, just as effectively as they can attract new borrowers.
” LendingTree is owned by Charlotte-baseed (NASDAQ:TREE), an online lending and real estate Tree.com’s principle businesses are LendingTree, which matches potential mortgagee borrowers to lenders, and RealEstate.com, whichn works with individuals seeking homea and real estate agents. LendingTree says it has facilitated more than 25 millioj requests for loans onlineand $185 billiom in closed loan
According to the company, its customer-retention technologh identifies customers byloan loan-to-value ratio, loan purpose and FICO “With refinancing activity from borrowers representing a significant portionb of overall origination our lender network has expressed a desire to capture and retaibn current mortgage customers,” says Bob Harris, presidentr of the LendingTree Exchange. “Aes part of the LendingTree network, banks and lenderds that use ournew customer-retention initiative will be able to significantlu impact the ratio of overall mortgage portfolio retained, just as effectively as they can attract new borrowers.
” LendingTree is owned by Charlotte-baseed (NASDAQ:TREE), an online lending and real estate Tree.com’s principle businesses are LendingTree, which matches potential mortgagee borrowers to lenders, and RealEstate.com, whichn works with individuals seeking homea and real estate agents. LendingTree says it has facilitated more than 25 millioj requests for loans onlineand $185 billiom in closed loan
Friday, December 24, 2010
GOP hopefuls skip Hispanic forum - UPI.com
http://uuo-ununoctium.info/xlv/5.html
GOP hopefuls skip Hispanic forum UPI.com 24 (UPI) -- Only one likely Republican US presidential candidate has agreed to attend the opening conference of a conservative Hispanic political forum, ... If they won't show up for Jeb... GOP Contenders Pass on Hispanic Conference |
Tuesday, December 21, 2010
Two Dayton students have Swine Flu - Dayton Business Journal:
http://hregypt.net/en/press/04/1123.htm
Two students from Dayton schoolsa were added to the list of those with confirmedf cases of the H1N1 viruwson Monday. A 13-year-old from and a nine-year-old from Wogama elementary have caughtthe virus. This latesgt confirmation brings local cases to 10 withih theDayton region, as well as one probable case in Butler County, according to the . The Swine Flu or H1N1 virus — is now in 16 Ohio counties as it continuessto spread. There are 38 casesw across the state, as well as four probable cases and 29suspectes cases. Of the four probable cases, a 13-year-olf female in Butler County is likely to have the thedepartment said.
The 10 local confirmed casesw include three inMontgomery County, one in Butlerd County and six in Clark County. Of the six casesa reported in Clark County, students accounted for five of the And inMontgomery County, a Vandalia-Butler student became a confirmeds case last week. Both schoolsa are now out of session. There are 25,288u confirmed cases worldwide, according to the ’s latest briefing Monday, with 73 countries havinb at leastone case. There have been 139 deathds confirmed caused by SwineFlu worldwide, accordinv to the WHO. Mexico, wherd the illness is believex tohave originated, has 5,717 cases and 106 according to the WHO. The U.S.
has the most with 13,217 confirmed and probable — up from just more than 10,00 last week. There are casesa now in all 50 statesplus Washington, as of 11 a.m. Monday, accordingf to the . There have been 27 confirmed deathsx inthe U.S., with three in five in Illinois, four in Arizona, two in eight in New York and one in Missouri, Michigan, Virginia and Washington. Ohio Department of Health officials said that as of12 p.m.
Mondayh the official number of confirmed cases of Swinew Flu inOhio were: • Clark County 6 (15-year-old male, 25-year-old male, 12-year-old 15-year-old female, 13-year-old male, 14-year-old male) • Cuyahogaq County – 4 (41-year-old female, 9-year-old male, 14-year-olrd female, 14-year-old female) • Franklin Countgy – 14 (31-year-old male, 33-year-old 18-year-old male, 20-year-old female, 19-year-ole female, 21-year-old male, 20-year old 22-year-old female, 23-year-old female, 19-year-old male, 11-year-olr female, 13-year-old female, 35-year-old 44-year old male) • Lawrencde County – 2 (2-year-old male, 8-month-old
Two students from Dayton schoolsa were added to the list of those with confirmedf cases of the H1N1 viruwson Monday. A 13-year-old from and a nine-year-old from Wogama elementary have caughtthe virus. This latesgt confirmation brings local cases to 10 withih theDayton region, as well as one probable case in Butler County, according to the . The Swine Flu or H1N1 virus — is now in 16 Ohio counties as it continuessto spread. There are 38 casesw across the state, as well as four probable cases and 29suspectes cases. Of the four probable cases, a 13-year-olf female in Butler County is likely to have the thedepartment said.
The 10 local confirmed casesw include three inMontgomery County, one in Butlerd County and six in Clark County. Of the six casesa reported in Clark County, students accounted for five of the And inMontgomery County, a Vandalia-Butler student became a confirmeds case last week. Both schoolsa are now out of session. There are 25,288u confirmed cases worldwide, according to the ’s latest briefing Monday, with 73 countries havinb at leastone case. There have been 139 deathds confirmed caused by SwineFlu worldwide, accordinv to the WHO. Mexico, wherd the illness is believex tohave originated, has 5,717 cases and 106 according to the WHO. The U.S.
has the most with 13,217 confirmed and probable — up from just more than 10,00 last week. There are casesa now in all 50 statesplus Washington, as of 11 a.m. Monday, accordingf to the . There have been 27 confirmed deathsx inthe U.S., with three in five in Illinois, four in Arizona, two in eight in New York and one in Missouri, Michigan, Virginia and Washington. Ohio Department of Health officials said that as of12 p.m.
Mondayh the official number of confirmed cases of Swinew Flu inOhio were: • Clark County 6 (15-year-old male, 25-year-old male, 12-year-old 15-year-old female, 13-year-old male, 14-year-old male) • Cuyahogaq County – 4 (41-year-old female, 9-year-old male, 14-year-olrd female, 14-year-old female) • Franklin Countgy – 14 (31-year-old male, 33-year-old 18-year-old male, 20-year-old female, 19-year-ole female, 21-year-old male, 20-year old 22-year-old female, 23-year-old female, 19-year-old male, 11-year-olr female, 13-year-old female, 35-year-old 44-year old male) • Lawrencde County – 2 (2-year-old male, 8-month-old
Sunday, December 19, 2010
DADT Passes Congress - The Laudable & Loathsome - ScienceBlogs (blog)
hustbelogehy1857.blogspot.com
DADT Passes Congress - The Laudable & Loathsome ScienceBlogs (blog) Ed Brayton is a participant in the Center for Independent Media New Journalism Program. However, all of the statements, opinions, policies, ... |
Thursday, December 16, 2010
First Financial could consider paying back TARP money - South Florida Business Journal:
otomaqaqaba.blogspot.com
“The board will consider that nowthat we’vwe done our common stock offering,” Davids said in an interview afterf the shareholders meeting at the Manor Housse in Mason. “We’re very well-capitalized. We feel very comfortablw with ourcapital position.” Norwood-basee First Financial received $80 million from the U.S. Treasury’sw Capital Purchase Program, part of the Troubled Asseyt Relief Program, in Decembe r by selling preferred stock to the It pays a 5 percent annual dividend for five the rate rises to 9 percen tafter that. First Financial (NASDAQ: FFBC) raise d $98 million in net proceeds June 8 from a commojnstock offering.
Part of the use of that capitalk could be to pay back theTreasuryh money, Davis said. The board would have to approvse sucha move. The bank would have to go throughg an application process to get government approvapl to pay backthe money. Some banks have already received that Regulators asked First Financial to participate in thecapitakl plan, Davis said in response to a shareholdert question about why a healthy bank would take the money. The program was voluntary, but First Financialo wanted tostockpile capital. “Wer weren’t sure how deep the recessionbwould be, and we thought it was important to ensure we had ample capital,” he told shareholders.
William a shareholder from Columbus, asked how the company planas to handle buying back the stoci fromthe Treasury. The board will considerr it, Davis said. But, he added, the interest it receivese from investing part of that Treasury moneh is enough to pay the dividendsit requires. A stipulation of the Treasury money is that companies cannot raisetheir common-stock dividends beyond the levelk they were before the company decidedr to take the money. First Financial wasn’t part of the receng federal government “stress tests.” Those gaugesd the nation’s 19 largest banks’ abilitgy to withstand a worsening economy.
But Davis said Firsg Financial performed its own testws internally using thegovernment criteria. Those testa showed the bank is ingood shape. He pointed to numbers showing First Financiap is wellbeyond regulators’ requirements to be considered well-capitalized. Its tangible commobn equity totaling 8.6 percent of tangible assets after the stock offering is far abover the roughly 5 percent peergrouop average, he said.
The recent publicx stock offering also made it unnecessarg for First Financial to go ahead with a shareholdedr vote that would have allowed the board to issue more preferred stock in order to raise That proposal was first Davis said, when other meansw of raising capital weren’t readil y available. Harding said he would oppose the company issuing any more preferred eventhough it’s a moot poin t for now. “It’s a major concerm for me that issuingg new preferred stock dilutes the stoco my father purchased in Harding said. “I want to make sure my father’s investmentg is safe.
” Several shareholders asked whether and when the dividenc would be raised back to itspreviouse level. First Financial said in January it would cut the quarterlyy dividend from 17 cents a shar e to10 cents. “It was a tougyh decision,” Davis said. “We were in a periods of the worst economic stress in 80 and we felt it was the prudent thingto do. “Wde want to provide some good level of dividend but we also want to see the stoc kprice improve.
To do that, we need earnings improvement, so we need While Davis isn’t pleased with First Financial’s total return to shareholders – a loss of 26 percent since January2008 – it stacks up well with othefr banks and with the he said. The S&P 500 fell 32 percent in that span whilew the stocks of a group of First Financial’s peers plunged 57 percent. “This is the most difficulyt banking environment andeconomy I’vre ever seen or Davis said. “But I think we’re weatheriny it quite well.
” A shareholder proposal passed that that asks the boardc to consider declassifying the board so that each membefr has to runfor re-election each In the past, board members servexd staggered three-year terms. “If you have a boarde that stands for electionevergy year, you have a board that is subjecf to replacement if it’s not acting in the best interestsz of shareholders,” said William Singer, a downtowh attorney representing Denver-based shareholder Gerald who put the proposal up for a
“The board will consider that nowthat we’vwe done our common stock offering,” Davids said in an interview afterf the shareholders meeting at the Manor Housse in Mason. “We’re very well-capitalized. We feel very comfortablw with ourcapital position.” Norwood-basee First Financial received $80 million from the U.S. Treasury’sw Capital Purchase Program, part of the Troubled Asseyt Relief Program, in Decembe r by selling preferred stock to the It pays a 5 percent annual dividend for five the rate rises to 9 percen tafter that. First Financial (NASDAQ: FFBC) raise d $98 million in net proceeds June 8 from a commojnstock offering.
Part of the use of that capitalk could be to pay back theTreasuryh money, Davis said. The board would have to approvse sucha move. The bank would have to go throughg an application process to get government approvapl to pay backthe money. Some banks have already received that Regulators asked First Financial to participate in thecapitakl plan, Davis said in response to a shareholdert question about why a healthy bank would take the money. The program was voluntary, but First Financialo wanted tostockpile capital. “Wer weren’t sure how deep the recessionbwould be, and we thought it was important to ensure we had ample capital,” he told shareholders.
William a shareholder from Columbus, asked how the company planas to handle buying back the stoci fromthe Treasury. The board will considerr it, Davis said. But, he added, the interest it receivese from investing part of that Treasury moneh is enough to pay the dividendsit requires. A stipulation of the Treasury money is that companies cannot raisetheir common-stock dividends beyond the levelk they were before the company decidedr to take the money. First Financial wasn’t part of the receng federal government “stress tests.” Those gaugesd the nation’s 19 largest banks’ abilitgy to withstand a worsening economy.
But Davis said Firsg Financial performed its own testws internally using thegovernment criteria. Those testa showed the bank is ingood shape. He pointed to numbers showing First Financiap is wellbeyond regulators’ requirements to be considered well-capitalized. Its tangible commobn equity totaling 8.6 percent of tangible assets after the stock offering is far abover the roughly 5 percent peergrouop average, he said.
The recent publicx stock offering also made it unnecessarg for First Financial to go ahead with a shareholdedr vote that would have allowed the board to issue more preferred stock in order to raise That proposal was first Davis said, when other meansw of raising capital weren’t readil y available. Harding said he would oppose the company issuing any more preferred eventhough it’s a moot poin t for now. “It’s a major concerm for me that issuingg new preferred stock dilutes the stoco my father purchased in Harding said. “I want to make sure my father’s investmentg is safe.
” Several shareholders asked whether and when the dividenc would be raised back to itspreviouse level. First Financial said in January it would cut the quarterlyy dividend from 17 cents a shar e to10 cents. “It was a tougyh decision,” Davis said. “We were in a periods of the worst economic stress in 80 and we felt it was the prudent thingto do. “Wde want to provide some good level of dividend but we also want to see the stoc kprice improve.
To do that, we need earnings improvement, so we need While Davis isn’t pleased with First Financial’s total return to shareholders – a loss of 26 percent since January2008 – it stacks up well with othefr banks and with the he said. The S&P 500 fell 32 percent in that span whilew the stocks of a group of First Financial’s peers plunged 57 percent. “This is the most difficulyt banking environment andeconomy I’vre ever seen or Davis said. “But I think we’re weatheriny it quite well.
” A shareholder proposal passed that that asks the boardc to consider declassifying the board so that each membefr has to runfor re-election each In the past, board members servexd staggered three-year terms. “If you have a boarde that stands for electionevergy year, you have a board that is subjecf to replacement if it’s not acting in the best interestsz of shareholders,” said William Singer, a downtowh attorney representing Denver-based shareholder Gerald who put the proposal up for a
Tuesday, December 14, 2010
CEO Ellison says Oracle might make netbooks - Silicon Valley / San Jose Business Journal:
gault-rickettsias.blogspot.com
His comments came at a Sun conferencw for users of Java software whichn he also said could be usedon netbooks. Oracle earlier this year agreed to acquire Sun for $7 billion. "I don't see why some of thos e devices shouldn't come from Sun," Reuters quoted Ellisonm as saying. "There will be computere that are fundamentally basedcon Java." Netbooks are inexpensivr laptop computers designed to connecy wirelessly and are used primarily for checkingf email and browsing the Web. The market for them is expected to grow to between 20 million and 30 milliobn unitsthis year, up from the 11.7 million sold last year when theirt sales took off.
Most PC makers now have a netbookk model and if Oracle does get into the markegt it will go up againstthe . (NASDAQ:DELL) and , which eithed make netbooks or develop software for Acer said Tuesday it will make a laptop runninbgon ’s (NASDAQ:GOOG) Android operating system insteacd of Microsoft Windows, which most makersa now use.
His comments came at a Sun conferencw for users of Java software whichn he also said could be usedon netbooks. Oracle earlier this year agreed to acquire Sun for $7 billion. "I don't see why some of thos e devices shouldn't come from Sun," Reuters quoted Ellisonm as saying. "There will be computere that are fundamentally basedcon Java." Netbooks are inexpensivr laptop computers designed to connecy wirelessly and are used primarily for checkingf email and browsing the Web. The market for them is expected to grow to between 20 million and 30 milliobn unitsthis year, up from the 11.7 million sold last year when theirt sales took off.
Most PC makers now have a netbookk model and if Oracle does get into the markegt it will go up againstthe . (NASDAQ:DELL) and , which eithed make netbooks or develop software for Acer said Tuesday it will make a laptop runninbgon ’s (NASDAQ:GOOG) Android operating system insteacd of Microsoft Windows, which most makersa now use.
Saturday, December 11, 2010
Groups sue Mirant Mid-Atlantic over power plant - Business First of Columbus:
adamovaichive.blogspot.com
The federal lawsuit, filed in the U.S. Districrt Court in Baltimore, claimes that the Chalk Point Generating Planyt operatedby Atlanta-based Mirant Mid-Atlantic has spewed unacceptable levels of sulfur dioxidr into the air hundreds of times without the appropriatr pollution controls required under the federalk Clean Air Act. A Mirantg spokeswoman said thecompany hasn’t been served with the lawsuig yet, and can’t comment on the claims.
The Environmentap Integrity Project, a legal nonprofit founded by formerfenforcement attorneys, and Villari, Brandes and Kline have filef the lawsuit on behalf of the Chesapeake Climatr Action Network and four residents, includingv a married couple, Nancy and Nortob Dodge, who live seven miles away from the planft on a 1,200-acre farm in Mechanicsville. The Dodgew “need to close windows, limit theirf time outdoors and/or cover theirf faces when they are outdoors to avoid the respiratory irritant s and smell of the pollution from the Chalk PointPowerd Plant,” the lawsuit reads.
Of the other two residents suin Mirant, David Bookbinder lives in Accokeek, abouf 30 miles from the plant, and Chris Schmitthenner lives in 11miles away, and works five miles from the plant. The Environmenta Integrity Project had sent Mirant a letter in Januaryh notifying of its intent to sue the power companythis year. The plaintiffas pointed to a Harvard University 2006 study that showec that such particulate matte pollution from the Chalk Point plant can have negativ effects on the healt h and respiratory systems of people living in a ornearly 250-mile, radius of the plant.
In theirt initial notification letter, the plaintiffs wrote that EPA hourl data shows that two boilers at the Chalk Point plant exceeded allowable levels of sulfur dioxide emissions 591 timesdin 2006, 726 timeds in 2007 and 113 times in 2008. Mirant has said it’ s launched a $1.6 billion projecg to install scrubbers andother pollution-reducing equipmentf on its Chalk Point boilers by the beginning of 2010.
The federal lawsuit, filed in the U.S. Districrt Court in Baltimore, claimes that the Chalk Point Generating Planyt operatedby Atlanta-based Mirant Mid-Atlantic has spewed unacceptable levels of sulfur dioxidr into the air hundreds of times without the appropriatr pollution controls required under the federalk Clean Air Act. A Mirantg spokeswoman said thecompany hasn’t been served with the lawsuig yet, and can’t comment on the claims.
The Environmentap Integrity Project, a legal nonprofit founded by formerfenforcement attorneys, and Villari, Brandes and Kline have filef the lawsuit on behalf of the Chesapeake Climatr Action Network and four residents, includingv a married couple, Nancy and Nortob Dodge, who live seven miles away from the planft on a 1,200-acre farm in Mechanicsville. The Dodgew “need to close windows, limit theirf time outdoors and/or cover theirf faces when they are outdoors to avoid the respiratory irritant s and smell of the pollution from the Chalk PointPowerd Plant,” the lawsuit reads.
Of the other two residents suin Mirant, David Bookbinder lives in Accokeek, abouf 30 miles from the plant, and Chris Schmitthenner lives in 11miles away, and works five miles from the plant. The Environmenta Integrity Project had sent Mirant a letter in Januaryh notifying of its intent to sue the power companythis year. The plaintiffas pointed to a Harvard University 2006 study that showec that such particulate matte pollution from the Chalk Point plant can have negativ effects on the healt h and respiratory systems of people living in a ornearly 250-mile, radius of the plant.
In theirt initial notification letter, the plaintiffs wrote that EPA hourl data shows that two boilers at the Chalk Point plant exceeded allowable levels of sulfur dioxide emissions 591 timesdin 2006, 726 timeds in 2007 and 113 times in 2008. Mirant has said it’ s launched a $1.6 billion projecg to install scrubbers andother pollution-reducing equipmentf on its Chalk Point boilers by the beginning of 2010.
Thursday, December 9, 2010
Northpark Town Center sold to AEW Capital Management - Atlanta Business Chronicle:
http://chalonot.net/program-sar-el/osobni-zkusenosti/18-rozhovor-nekteri-si-dokonce-mysli-ze-jsem-silena
Boston-based purchased the 1.5 million-square-foot offices complex on Dec. 19, but the deal involved privatw equityfrom , according to , a real estatee tracking firm. The transaction could foreshadoqw an important real estate trenrd in2008 -- increasef foreign investment in U.S. trophy That trend would be fueled by severaklfactors -- the weak U.S. more highly leveraged American buyers, the subprimed credit crunch and stricterf lending standardsof U.S. banks. Northpark was sold by the Stats of MichiganRetirement System, which had owned the complexd since it was developed on Abernathy Road in the mid 80s. U.S. Real estate prices have been fallint inrecent months.
But, prices on development s such asNorthpark -- which can fetch hundreds of milliond of dollars -- have been holding their own, said Will a member of the of Atlanta investmeng team that represented Michigan in the sale. "The core trophy assetes have not experienced the pricing challenges that otheeproperties have," he said. Northpark is one of the threde jewels of the CentralPerimeteer submarket, along with Concourse Corporate Centerr and Ravinia.
Northpark is made up of buildingz 400, 500 and 600, and housese several Fortune 500 firms, including insurance giant , and
Boston-based purchased the 1.5 million-square-foot offices complex on Dec. 19, but the deal involved privatw equityfrom , according to , a real estatee tracking firm. The transaction could foreshadoqw an important real estate trenrd in2008 -- increasef foreign investment in U.S. trophy That trend would be fueled by severaklfactors -- the weak U.S. more highly leveraged American buyers, the subprimed credit crunch and stricterf lending standardsof U.S. banks. Northpark was sold by the Stats of MichiganRetirement System, which had owned the complexd since it was developed on Abernathy Road in the mid 80s. U.S. Real estate prices have been fallint inrecent months.
But, prices on development s such asNorthpark -- which can fetch hundreds of milliond of dollars -- have been holding their own, said Will a member of the of Atlanta investmeng team that represented Michigan in the sale. "The core trophy assetes have not experienced the pricing challenges that otheeproperties have," he said. Northpark is one of the threde jewels of the CentralPerimeteer submarket, along with Concourse Corporate Centerr and Ravinia.
Northpark is made up of buildingz 400, 500 and 600, and housese several Fortune 500 firms, including insurance giant , and
Monday, December 6, 2010
InfoWorks shares the wealth - bizjournals:
http://dullestech.com/acme/
The Nashville-based information technology consulting firmsimplh isn’t structured like a traditional top-downb business. Rather than being run exclusively by InfoWorksis employee-owned. A shareholders’ meetintg at the 12-year-old company also is a staff meetinv where employees bringup concerns, make recommendationx and participate directly in key decisions. Tony president of InfoWorks, says the company’s flexible structure is one reasomwhy it’s managing to clip alonyg nicely during the recession. Decisions are fluid and can be made which keepsemployees motivated, responsive and creatively “The engagement of employees means a wholee lot,” Heard says.
“It means they take everythingbmore seriously. They each feel like it’sz their own company.” It also helps that the primar y business plan at InfoWorks is straightforward and The company specializes in workin g on the databases of local companies to creatropitimal efficiency. They also convert databasew functions such as payroll or invoicing from papertto computer. Lewis Lavine, president of Nashville’a Center for Nonprofit Management, recently hired InfoWorks to redesign the organization’s complicated 10-year-old database. He says he respondecd to the company’s hands-on approach.
“We have specificx things we need for our membersx andfor training,” Lavine says. “The y have the ability to customizr the databasefor us, which is goinhg to make a big differencew in the end.” The recession did slow thingz down at InfoWorks, changing growth from explosive to From 2006-2007, the company grew at a rate of 29 percent. By that fell to 9 percent. Heard says the companyt is projecting 11 percent growthin 2009. In responsde to the country’s economic crunch, InfoWorks decidex to beef up itsbusiness development, marketing and Three more business development officers were hired, including “Activity creates opportunity.
It’s important to get out of the he says. Getting a pipeline of future businessw requires a combination of patienceand savvy, Hearde says. For example, he says health care-related information technology business generated by theObama administration’ stimulus package has “significanty potential.” But he says it will take a couplwe of years for it to become actuall bottom-line business. “Everyone is looking for the stimulus moneyh to haveimmediate impact,” Heard says.
“But I think in our case it’ss going to take until
The Nashville-based information technology consulting firmsimplh isn’t structured like a traditional top-downb business. Rather than being run exclusively by InfoWorksis employee-owned. A shareholders’ meetintg at the 12-year-old company also is a staff meetinv where employees bringup concerns, make recommendationx and participate directly in key decisions. Tony president of InfoWorks, says the company’s flexible structure is one reasomwhy it’s managing to clip alonyg nicely during the recession. Decisions are fluid and can be made which keepsemployees motivated, responsive and creatively “The engagement of employees means a wholee lot,” Heard says.
“It means they take everythingbmore seriously. They each feel like it’sz their own company.” It also helps that the primar y business plan at InfoWorks is straightforward and The company specializes in workin g on the databases of local companies to creatropitimal efficiency. They also convert databasew functions such as payroll or invoicing from papertto computer. Lewis Lavine, president of Nashville’a Center for Nonprofit Management, recently hired InfoWorks to redesign the organization’s complicated 10-year-old database. He says he respondecd to the company’s hands-on approach.
“We have specificx things we need for our membersx andfor training,” Lavine says. “The y have the ability to customizr the databasefor us, which is goinhg to make a big differencew in the end.” The recession did slow thingz down at InfoWorks, changing growth from explosive to From 2006-2007, the company grew at a rate of 29 percent. By that fell to 9 percent. Heard says the companyt is projecting 11 percent growthin 2009. In responsde to the country’s economic crunch, InfoWorks decidex to beef up itsbusiness development, marketing and Three more business development officers were hired, including “Activity creates opportunity.
It’s important to get out of the he says. Getting a pipeline of future businessw requires a combination of patienceand savvy, Hearde says. For example, he says health care-related information technology business generated by theObama administration’ stimulus package has “significanty potential.” But he says it will take a couplwe of years for it to become actuall bottom-line business. “Everyone is looking for the stimulus moneyh to haveimmediate impact,” Heard says.
“But I think in our case it’ss going to take until
Saturday, December 4, 2010
Two universities join Texas A&M system - Austin Business Journal:
borislavamcoc.blogspot.com
Tarleton-Central Texas is being renamedTexas A&M University-Central Texas and the San Antonio school is now Texaz A&M University-San Antonio. The addition of the two schoolas brings the total number of independent universities inthe A&M Systejm to 11. In March, the Texas Higher Educatio n Coordinating Board certified TarletonState University-Central Texas’ spring 2009 enrollmengt at 1,204 full-time students, surpassinvg the 1,000 mark set by the legislature. Texaes A&M System Chancellor Michael D.
McKinneuy and Army Secretary Pete Geren signed an agreementt in May to transfer 662 acreds from Fort Hood tothe A&M System to be used for the A&M-Centralo Texas campus. In May, the Texas Legislaturs passed a bill to lowedrthe full-time enrollment threshold from 1,500 to 1,000 and free up $40 million in tuition revenu e bonds to build the A&M-San Antonio campus. It will be located on 700 acres soutj of Loop 410 between Pleasanton Road and South Zarzamora The system, which has offices in 250 of the state’d 254 counties, also includes seve state agencies and a comprehensive health science center.
It operatese a $3 billion budget and educates morethan 109,000
Tarleton-Central Texas is being renamedTexas A&M University-Central Texas and the San Antonio school is now Texaz A&M University-San Antonio. The addition of the two schoolas brings the total number of independent universities inthe A&M Systejm to 11. In March, the Texas Higher Educatio n Coordinating Board certified TarletonState University-Central Texas’ spring 2009 enrollmengt at 1,204 full-time students, surpassinvg the 1,000 mark set by the legislature. Texaes A&M System Chancellor Michael D.
McKinneuy and Army Secretary Pete Geren signed an agreementt in May to transfer 662 acreds from Fort Hood tothe A&M System to be used for the A&M-Centralo Texas campus. In May, the Texas Legislaturs passed a bill to lowedrthe full-time enrollment threshold from 1,500 to 1,000 and free up $40 million in tuition revenu e bonds to build the A&M-San Antonio campus. It will be located on 700 acres soutj of Loop 410 between Pleasanton Road and South Zarzamora The system, which has offices in 250 of the state’d 254 counties, also includes seve state agencies and a comprehensive health science center.
It operatese a $3 billion budget and educates morethan 109,000
Wednesday, December 1, 2010
Australian company buys Solar Power modules - Sacramento Business Journal:
http://utaharcheology.org/2002conv.php
Solar Power Inc. did not discloswe specific terms ofthe deal. The agreement provides BBS with exclusiv access toSolar Power’s 170- to 220-watt solarr panels for use throughout The two-year supply agreement calls for a minimum purchase of 5.7-megawatts of modules, the company said. Shipmentsa begin this month. “We are very pleaserd to engage with Beyond Building Systemd as a key supplietr of solar modules for thei projects as they work toward meetingh the demands of the growing solat marketthroughout Australia,” Bradley Ferrell, presiden t of Solar Power’s commercial sales division, said in a news Earlier this week the companuy announced it had signed a supply agreemenf with a German solatr installation company serving the residentialp and commercial markets in Germany and southern Europe.
The companu announced a deal for modules that would produce2 megawatts. Financial terms were not Foundedin 2005, Solar Power (OTCBB: SOPW) works with clients to obtain permits and manage the installatiohn of solar power systems in small and medium-sizee businesses. The company also manufactures or procuresd all the parts and pieces to make thesystems work. In addition, Solar Power installs home solar systemsthroughy Yes! Solar Solutions.
Solar Power Inc. did not discloswe specific terms ofthe deal. The agreement provides BBS with exclusiv access toSolar Power’s 170- to 220-watt solarr panels for use throughout The two-year supply agreement calls for a minimum purchase of 5.7-megawatts of modules, the company said. Shipmentsa begin this month. “We are very pleaserd to engage with Beyond Building Systemd as a key supplietr of solar modules for thei projects as they work toward meetingh the demands of the growing solat marketthroughout Australia,” Bradley Ferrell, presiden t of Solar Power’s commercial sales division, said in a news Earlier this week the companuy announced it had signed a supply agreemenf with a German solatr installation company serving the residentialp and commercial markets in Germany and southern Europe.
The companu announced a deal for modules that would produce2 megawatts. Financial terms were not Foundedin 2005, Solar Power (OTCBB: SOPW) works with clients to obtain permits and manage the installatiohn of solar power systems in small and medium-sizee businesses. The company also manufactures or procuresd all the parts and pieces to make thesystems work. In addition, Solar Power installs home solar systemsthroughy Yes! Solar Solutions.
Monday, November 29, 2010
AAA: Memorial Day to spark rebound in travel - The Business Review (Albany):
http://palmeraprojects.org/news/article/palmera-projects-launches-first-big-event-for-2010-a-celebration-of-freedom/
Far lower gas prices coupled with deeply discountedhotel rates, shouldr lead 32.4 million Americans to travel at least 50 milew from home over the holiday AAA said. That would be an increased of 1.5 percent from last year. “The good news is sharply lower gasoline priced and plentiful travel bargains have Americans feeling better about takingf a road tripthis summer,” said Robert AAA president and chief executive. According to AAA, retaikl gas prices average $2.26 a gallonh nationwide, down from a high of $4.121 in July 2008. AAA said it does not expectt the national price of gas to goabovew $2.50 per gallon this summer.
The numberr of Americans planning to travel by car is expectedd to hit 27 accounting for 83 percent of thosetaking trips. Airline travelo is expected to fall 1 percent despite a projected 4 percent declinein airfares. Hotel rates nationwide are expectec to be between 7 percent and 12 perceng lower thanlast year, with travelera spending an average of $104 to $142 per according to AAA. Car rental rates are expectee to drop as well with consumerws paying an averageof $43 per day compare to $45 a year ago.
Far lower gas prices coupled with deeply discountedhotel rates, shouldr lead 32.4 million Americans to travel at least 50 milew from home over the holiday AAA said. That would be an increased of 1.5 percent from last year. “The good news is sharply lower gasoline priced and plentiful travel bargains have Americans feeling better about takingf a road tripthis summer,” said Robert AAA president and chief executive. According to AAA, retaikl gas prices average $2.26 a gallonh nationwide, down from a high of $4.121 in July 2008. AAA said it does not expectt the national price of gas to goabovew $2.50 per gallon this summer.
The numberr of Americans planning to travel by car is expectedd to hit 27 accounting for 83 percent of thosetaking trips. Airline travelo is expected to fall 1 percent despite a projected 4 percent declinein airfares. Hotel rates nationwide are expectec to be between 7 percent and 12 perceng lower thanlast year, with travelera spending an average of $104 to $142 per according to AAA. Car rental rates are expectee to drop as well with consumerws paying an averageof $43 per day compare to $45 a year ago.
Friday, November 26, 2010
Wednesday, November 24, 2010
Southwest adds pet fares, raises bag fees - Nashville Business Journal:
uzirukynurylew.blogspot.com
Small cats and dogs can fly in the cabinjfor $75 each way. “These new programws and processes are just the starting poinyt with additional initiatives planned for later this Southwest CEO Gary Kelly said ina statement. “Ir is always our goal to be upfront with our customers and to set the righrtcustomer expectations. Our changes today associate a charge for itemsx that are truly anextrqa service.” All pets must fit in a carrieer that goes under the airplane which will count as the passenger’s carry-on bag. Customers can begin purchasing pet fares on June 1 for travel beginningJune 17.
Southwest also is increasing its servicr charge to check a third bag or an overweighg bag that weighs 51 to70 pounds. The fee will be raisef from $25 to $50 for customers traveling on or afterrJune 17. Southwest remains one of the only airlinees that allows the first two bagsfor “The increase in the baggage charger impacts less than one percen of our customers,” Kelly says. Southwest will star t charging $25 each way for unaccompanied minorx traveling alone between the ages of 5and 11. The chargw applies to tickets purchasedJune 1. Unaccompanierd minors may only travel on nonstop ordirecy flights, not on flights that change planes.
“Thixs service charge will help us covert our added costs and still maintain ourcompetitivde low-fare advantage,” Kelly
Small cats and dogs can fly in the cabinjfor $75 each way. “These new programws and processes are just the starting poinyt with additional initiatives planned for later this Southwest CEO Gary Kelly said ina statement. “Ir is always our goal to be upfront with our customers and to set the righrtcustomer expectations. Our changes today associate a charge for itemsx that are truly anextrqa service.” All pets must fit in a carrieer that goes under the airplane which will count as the passenger’s carry-on bag. Customers can begin purchasing pet fares on June 1 for travel beginningJune 17.
Southwest also is increasing its servicr charge to check a third bag or an overweighg bag that weighs 51 to70 pounds. The fee will be raisef from $25 to $50 for customers traveling on or afterrJune 17. Southwest remains one of the only airlinees that allows the first two bagsfor “The increase in the baggage charger impacts less than one percen of our customers,” Kelly says. Southwest will star t charging $25 each way for unaccompanied minorx traveling alone between the ages of 5and 11. The chargw applies to tickets purchasedJune 1. Unaccompanierd minors may only travel on nonstop ordirecy flights, not on flights that change planes.
“Thixs service charge will help us covert our added costs and still maintain ourcompetitivde low-fare advantage,” Kelly
Monday, November 22, 2010
Swine flu count hits 547 in Arizona - Kansas City Business Journal:
http://www.caplanlaw.com/aclu-advice-youre-stopped-police
So far, the has reported 11,054 casew and 17 deaths in the United Of those, 547 confirmed and probable casexs and four deaths are in That compares with 10,053 cases and 17 deaths on June 1 and 8,975t cases and 15 deaths on May 29. New York and Arizonaz are tied with the highest number of followed by three in Illinois and Texaz and one eachin Missouri, Utah and The World Health Organization reports 19,273 cased and 117 deaths in 66 countries, including the U.S. The CDC continuesx to take aggressive action to reduce the spreadf and severity ofthe illness.
It originally was callefd the swine flu because laboratory tests had shown that many of the genees in the new virus were similar to influenza virusesa that normally occur in pigs in North But further study has show n that the new virus is different from what normally circulatesz in NorthAmerican pigs, so it is now being calledr the H1N1 flu. Health officiales recommend frequent hand washing with soap and as well as avoiding touchingthe eyes, nose or Sick employees are encouraged to stay home to reduce the spreadr of the flu.
So far, the has reported 11,054 casew and 17 deaths in the United Of those, 547 confirmed and probable casexs and four deaths are in That compares with 10,053 cases and 17 deaths on June 1 and 8,975t cases and 15 deaths on May 29. New York and Arizonaz are tied with the highest number of followed by three in Illinois and Texaz and one eachin Missouri, Utah and The World Health Organization reports 19,273 cased and 117 deaths in 66 countries, including the U.S. The CDC continuesx to take aggressive action to reduce the spreadf and severity ofthe illness.
It originally was callefd the swine flu because laboratory tests had shown that many of the genees in the new virus were similar to influenza virusesa that normally occur in pigs in North But further study has show n that the new virus is different from what normally circulatesz in NorthAmerican pigs, so it is now being calledr the H1N1 flu. Health officiales recommend frequent hand washing with soap and as well as avoiding touchingthe eyes, nose or Sick employees are encouraged to stay home to reduce the spreadr of the flu.
Sunday, November 21, 2010
S&B Industry to receive incentives - South Florida Business Journal:
http://www.provopride.com/story/2007/4/20/22941/4588
In exchange, the company also would have toinvesyt $17.3 million “to renovate and build out new corporated headquarters and operations facilities in the according to the The company would expand its existing at 1551 Sawgrass Corporate Parkway, said Norm Taylor, directo r of Broward’s office of economic development. The jobs are supposefd to pay an average salaryof $98,000 – welcomer news to Taylor. “It means a wholwe bunch of people willpay mortgages, will pay taxesd and will support their locap supermarkets,” he said. “These are very high-wag e jobs that we didn’t have happening frequentlg inour market.
” S&B is a subsidiary of Foxconn Internationao Holdings, a subsidiary of a Ltd., a Chinesee computer and electronics giant based in Taiwan. If S&B creates the 150 it potentially couldreceive $850,000 in combinedd incentives from the county, city and the state. Browarde and Sunrise each agreed to contribute for a totalof $250,000. The statd would contribute an additional $650,000 if it approve s the deal. S&B could not immediately be reachefor comment. The company stated on its grantt application that it employs 51 in Taylor said, but it’s not clear how many, if any, are employesd separately under the Foxconn brand.
Both companies list theirf address at 1551 SawgrasesCorporate Parkway. S&B/Foxconn is part of a growing technology cluster in Sunrise thatincludes Ariz.-based General Dynamics C4 Systems (NYSE: GD) and Canada-baseed Research in Motion (NASDAQ: RIMM). The companies sprunvg up in Sunrise in sprinvg 2008 after laid off about 300 workers – mostly engineers working on next-generatiomn wireless technology – from its Plantation facility.
In exchange, the company also would have toinvesyt $17.3 million “to renovate and build out new corporated headquarters and operations facilities in the according to the The company would expand its existing at 1551 Sawgrass Corporate Parkway, said Norm Taylor, directo r of Broward’s office of economic development. The jobs are supposefd to pay an average salaryof $98,000 – welcomer news to Taylor. “It means a wholwe bunch of people willpay mortgages, will pay taxesd and will support their locap supermarkets,” he said. “These are very high-wag e jobs that we didn’t have happening frequentlg inour market.
” S&B is a subsidiary of Foxconn Internationao Holdings, a subsidiary of a Ltd., a Chinesee computer and electronics giant based in Taiwan. If S&B creates the 150 it potentially couldreceive $850,000 in combinedd incentives from the county, city and the state. Browarde and Sunrise each agreed to contribute for a totalof $250,000. The statd would contribute an additional $650,000 if it approve s the deal. S&B could not immediately be reachefor comment. The company stated on its grantt application that it employs 51 in Taylor said, but it’s not clear how many, if any, are employesd separately under the Foxconn brand.
Both companies list theirf address at 1551 SawgrasesCorporate Parkway. S&B/Foxconn is part of a growing technology cluster in Sunrise thatincludes Ariz.-based General Dynamics C4 Systems (NYSE: GD) and Canada-baseed Research in Motion (NASDAQ: RIMM). The companies sprunvg up in Sunrise in sprinvg 2008 after laid off about 300 workers – mostly engineers working on next-generatiomn wireless technology – from its Plantation facility.
Friday, November 19, 2010
Nation's Report Card Shows Reading Levels of High School Seniors Are Worse ... - ParentDish
http://shelleyandpurcell.com/index.php?option=com_content&task=view&id=2&Itemid=46&propexpid=589
Christian Science Monitor | Nation's Report Card Shows Reading Levels of High School Seniors Are Worse ... ParentDish The National Assessment of Educational Progress, referred to as the Nation's Report Card, tested 52000 students in reading and 49000 in math across 1670 ... Despite test gains, most seniors miss benchmark NJ 12th graders outperform national average in math, but racial divide still ... Math and reading test scores: Massachusetts excels, West Virginia lags |
Thursday, November 18, 2010
Covidien now Irish corporation - Dayton Business Journal:
http://scottsspotlight.com/2008/09/28/chuck-loves-lost/
The Supreme Court of Bermuda approved the move Shareholders had approved the move parentof St. Louis-based Covidien Imaging Solutions and Pharmaceutical had cited tax and legislative reasona for wanting to move the country of Covidien has conducted business in Irelan d for nearly 30 years andhas 2,000 employeesz there and six facilities, including four factories servingy the Imaging Solutions and Medical Devices segments. Richarcd Meelia, Covidien’s chairman, presiden and chief executive, cited Ireland’s stable legal and regulatory environmentand “goos network of tax treaties” with the U.S., Europeann Union and many countries where Covidiemn has major operations.
As a result of the common shares were canceled and Covidien plc ordinaryu shares were issued to all Covidienplc (NYSE: COV) will continure to be subject to U.S. Securitieds and Exchange Commission reporting Covidien plc, formerly known as , operates Covidiemn Imaging Solutions and Pharmaceutical also known as , which is located in St. Louis and providezs medical imaging technologyand pharmaceuticals. Covidien was spun off from in 2007. With 2008 revenud of nearly $10 billion, Covidien has 3,000 employees in the St. Louis area and more than 41,00 employees worldwide.
The Supreme Court of Bermuda approved the move Shareholders had approved the move parentof St. Louis-based Covidien Imaging Solutions and Pharmaceutical had cited tax and legislative reasona for wanting to move the country of Covidien has conducted business in Irelan d for nearly 30 years andhas 2,000 employeesz there and six facilities, including four factories servingy the Imaging Solutions and Medical Devices segments. Richarcd Meelia, Covidien’s chairman, presiden and chief executive, cited Ireland’s stable legal and regulatory environmentand “goos network of tax treaties” with the U.S., Europeann Union and many countries where Covidiemn has major operations.
As a result of the common shares were canceled and Covidien plc ordinaryu shares were issued to all Covidienplc (NYSE: COV) will continure to be subject to U.S. Securitieds and Exchange Commission reporting Covidien plc, formerly known as , operates Covidiemn Imaging Solutions and Pharmaceutical also known as , which is located in St. Louis and providezs medical imaging technologyand pharmaceuticals. Covidien was spun off from in 2007. With 2008 revenud of nearly $10 billion, Covidien has 3,000 employees in the St. Louis area and more than 41,00 employees worldwide.
Tuesday, November 16, 2010
'Dancing With the Stars' recap: Semifinal Show-stoppers - Entertainment Weekly
http://my-tuts.com/page/7-Top-Tips-For-Keeping-Your-Job-In-A-Recession.html
MTV.com | 'Dancing With the Stars' recap: Semifinal Show-stoppers Entertainment Weekly During the week 9 semifinals of Dancing With the Stars, each of the four remaining contestants -- Brandy, ... 'Dancing With The Stars' Recap: Jennifer Grey Achieves Perfection Dancing: Jennifer Grey and Derek Hough's 'Flawless' Night 'Dancing with the Stars' semi-final round brings Jennifer Grey to the top |
Monday, November 15, 2010
Best Buy to sell electric motorcycles, bikes - Denver Business Journal:
http://pesantren-balekambang.org/index.php/foto-foto-pesantren?gid=1
The Richfield retailer is embracingthe e-bike concept, preparingv to begin selling next month an electric motorcycle made by Brammo. Powered bicycles made by Currie Technologies and Ultra Motors alsoare planned, accordingg to a report in Bicycld Retailer and Industry News . The Brammlo bikes — which resemble a small motorcyclse and can reach speeds of 50 mph will go on sale July 6 at a Best Buy locationhin Portland, Ore., as part of a test-marketing effort, said John a spokesman for Brammo. Further West Coast Best Buy locationeswill follow. The first Brammo model to go on sale at Best Buy iscalledc Enertia.
It will retail for about $12,0090 and qualifies for a 10 percent federapltax credit. It’s 100 percent plug-in electric, can be plugged into any householsd electrical socket and has a range of aboutg45 miles, Farris said. Brammo is headquartered in Ore., and has received funding from BestBuy BBY), according to Consumer Reports. Representatives of Best Buy couldn'yt immediately be reached for
The Richfield retailer is embracingthe e-bike concept, preparingv to begin selling next month an electric motorcycle made by Brammo. Powered bicycles made by Currie Technologies and Ultra Motors alsoare planned, accordingg to a report in Bicycld Retailer and Industry News . The Brammlo bikes — which resemble a small motorcyclse and can reach speeds of 50 mph will go on sale July 6 at a Best Buy locationhin Portland, Ore., as part of a test-marketing effort, said John a spokesman for Brammo. Further West Coast Best Buy locationeswill follow. The first Brammo model to go on sale at Best Buy iscalledc Enertia.
It will retail for about $12,0090 and qualifies for a 10 percent federapltax credit. It’s 100 percent plug-in electric, can be plugged into any householsd electrical socket and has a range of aboutg45 miles, Farris said. Brammo is headquartered in Ore., and has received funding from BestBuy BBY), according to Consumer Reports. Representatives of Best Buy couldn'yt immediately be reached for
Saturday, November 13, 2010
Army-Navy game coming to FedEx Field - South Florida Business Journal:
http://eaglgymnastics.net/page/Make-Free-International-Calls-and-Toll-Free-Intern.html
The , the and Destination D.C. have announced that the 112ty Army-Navy game will be played at in Marylandxon Dec. 10, 2011. Alonb with the football game, the event brings with it a weekenr ofancillary events, including the Army-Nav y Gala. “This is a phenomenal achievement by the thre organizations to secure such an historic event forour nation’s said Robert Sweeney, president of the Greater Washingtomn Sports Alliance. “With nearly a half million active and retireds military personnel currently living in our region and the historic memorialsz that honorour nation’ s service men and women, it just makezs sense to have a game of this magnitude played in Washington.
” The event is part of an eight-year package announced Tuesday by the and the . Philadelphiw will host the gamein 2010, 2013, 2015 and 2017. The game will take plac e in Baltimore in 2014and 2016.
The , the and Destination D.C. have announced that the 112ty Army-Navy game will be played at in Marylandxon Dec. 10, 2011. Alonb with the football game, the event brings with it a weekenr ofancillary events, including the Army-Nav y Gala. “This is a phenomenal achievement by the thre organizations to secure such an historic event forour nation’s said Robert Sweeney, president of the Greater Washingtomn Sports Alliance. “With nearly a half million active and retireds military personnel currently living in our region and the historic memorialsz that honorour nation’ s service men and women, it just makezs sense to have a game of this magnitude played in Washington.
” The event is part of an eight-year package announced Tuesday by the and the . Philadelphiw will host the gamein 2010, 2013, 2015 and 2017. The game will take plac e in Baltimore in 2014and 2016.
Friday, November 12, 2010
Danac gets good news from Montgomery County Planning Board - Business First of Louisville:
http://carinsurance20xx.net/Sydney-car-auctions-146.html
The Bethesda-based developer's 26-acre office park in the Shadyu Grove Life Sciences Center is currently approvedfor 669,538 square feet of density and the campuz currently contains half of or 350,000 square feet. At a May 28 work the Montgomery County Planning Board decided to recommend in its draftf Gaithersburg West Master Plan that the property be developed with up to twicde asmuch density, or contain up to 1.34 millionj square feet of office, retail and residential space. The southwest cornefr of the land currently includesa 272,000-square-foot, three-buildingy complex that houses software and pharmaceuticaol tenants.
The north side of the properthy contains the Metropolitan RegionalInformational Services' 72,000-square-foor headquarters. Last week, the board also recommendeed that Danac's Corridor Cities Transitway stop be locatefd at or near itsnortheastern corner, near the intersectio n of Diamondback Drive and Decoverly Drive. That is good news for since the board had left out the stop inearlie drafts. The transit stop near the cornefr may be developed whether the state retainz the current road alignment or adoptsthe county's locally preferred alternative.
The board also picked that locatiohn because the northeastern corner is considered to be convenienrt for pedestrians from the Decoverlyresidential "We have a long way to go, but we are encouragedf by the planning board's recommendations," said Timothy Dugan, a Danav attorney. Several more work sessions are schedulerd over the nexttwo months, and in July the planniny board will send its draft master plan to the countyh executive who will have 60 days to review and commengt before it is sent to the county council for
The Bethesda-based developer's 26-acre office park in the Shadyu Grove Life Sciences Center is currently approvedfor 669,538 square feet of density and the campuz currently contains half of or 350,000 square feet. At a May 28 work the Montgomery County Planning Board decided to recommend in its draftf Gaithersburg West Master Plan that the property be developed with up to twicde asmuch density, or contain up to 1.34 millionj square feet of office, retail and residential space. The southwest cornefr of the land currently includesa 272,000-square-foot, three-buildingy complex that houses software and pharmaceuticaol tenants.
The north side of the properthy contains the Metropolitan RegionalInformational Services' 72,000-square-foor headquarters. Last week, the board also recommendeed that Danac's Corridor Cities Transitway stop be locatefd at or near itsnortheastern corner, near the intersectio n of Diamondback Drive and Decoverly Drive. That is good news for since the board had left out the stop inearlie drafts. The transit stop near the cornefr may be developed whether the state retainz the current road alignment or adoptsthe county's locally preferred alternative.
The board also picked that locatiohn because the northeastern corner is considered to be convenienrt for pedestrians from the Decoverlyresidential "We have a long way to go, but we are encouragedf by the planning board's recommendations," said Timothy Dugan, a Danav attorney. Several more work sessions are schedulerd over the nexttwo months, and in July the planniny board will send its draft master plan to the countyh executive who will have 60 days to review and commengt before it is sent to the county council for
Wednesday, November 10, 2010
Verio-sponsored survey finds long-term optimism among world's small businesses - Memphis Business Journal:
idellecromwell1991.blogspot.com
According to the 83 percent of small business executives are optimistic abouttheir company’s long-terk ability to rebound when the econom y improves, 65 percent expect theirf company’s market share to have increasef by the time the recession and 73 percent expect revenues to have Only 6 percent of the worldwidw executives surveyed said they expect the qualithy of talent in their organizations to decreaser once the economy improves; 38 percent expect it to Yet many of the busines s leaders surveyed say their governments are doing too littlew to support them through the worldwider downturn.
Forty-eight percent of those surveyed said local governmen is unsupportive oftheir business, and 39 percent say the same of national Asked to explain this lack of government support, small-business executives worldwides said smaller companies "do not attract enougyh attention" (39 percent), "the publid at large perceives large companies as more importanf than small- and mid-size companies" (28 percent), and "small and mid-size businesses have fewer advocates than large companies" (24 percent). Colo.-based Web-hosting company Verio is a unitof Tokyo-basef NTT Communications Group. .
According to the 83 percent of small business executives are optimistic abouttheir company’s long-terk ability to rebound when the econom y improves, 65 percent expect theirf company’s market share to have increasef by the time the recession and 73 percent expect revenues to have Only 6 percent of the worldwidw executives surveyed said they expect the qualithy of talent in their organizations to decreaser once the economy improves; 38 percent expect it to Yet many of the busines s leaders surveyed say their governments are doing too littlew to support them through the worldwider downturn.
Forty-eight percent of those surveyed said local governmen is unsupportive oftheir business, and 39 percent say the same of national Asked to explain this lack of government support, small-business executives worldwides said smaller companies "do not attract enougyh attention" (39 percent), "the publid at large perceives large companies as more importanf than small- and mid-size companies" (28 percent), and "small and mid-size businesses have fewer advocates than large companies" (24 percent). Colo.-based Web-hosting company Verio is a unitof Tokyo-basef NTT Communications Group. .
Tuesday, November 9, 2010
Jacksonville Business Journal: Jacksonville Commercial Real Estate Listings - View Commercial Real Estate
bertayfybuqutyp.blogspot.com
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Sunday, November 7, 2010
2010 Breeders' Cup Results & Entries; Blame, Zenyatta, & Uncle Mo Dominate - ADAN News
http://cyprushotelsdirectory.com/-accommodation-types-ratings/hotel-apartments/hotel-apartments-class-c/
Reuters | 2010 Breeders' Cup Results & Entries; Blame, Zenyatta, & Uncle Mo Dominate ADAN News Less than 24 hours after his victory in the Breeders' Cup Classic at Churchill Downs, Blame stuck his head ... “Breeders Cup 2010 Results†& Entries; Blame, Zenyatta Battle It Out Breeders Cup Entries 2010 Other Than Zenyatta Race Breeders Cup 2010: Breeders Cup in Zenyatta Race Entries and Results |
Saturday, November 6, 2010
Thursday, November 4, 2010
U.S. Cyber Command A Wild Card at Fort Meade - Patch
http://euminutes.eu/?p=479
Reuters UK | U.S. Cyber Command A Wild Card at Fort Meade Patch Officials at Fort Meade know how many people are coming as a result of BRAC. The number of jobs coming due to Cyber Command, however, is still unclear. ... U.S. Cyber Command Opens Doors Military ready for war in cyberspace |
Wednesday, November 3, 2010
DeMint: We'll Ban Earmarks Right Away - CBS News
valvookimakaj1362.blogspot.com
DeMint: We'll Ban Earmarks Right Away CBS News ... why don't we just do away with the constitution and declare a dictatorship or maybe communism (which fails in post cases) That way we can have 1 party ... |
Monday, November 1, 2010
Chick-fil-A to rebuild on Roadhouse site - The Business Review (Albany):
http://www.hatchbilliards.com/custom-pool-tables
The fast-food chain signec a 25-year lease deal effectivd May 7 to take overa 10,000-square-foot shuttereed Roadhouse Grill near the corner of Michigan Stree t and Orange Avenue, said Mary Hurley, real estatew and leasing manager for landlord Chick-Fil-A’s plane include demolishing the existingy building and building a 3,800-square-foot restaurant with drive-through, Hurley told Orlandlo Business Journal. The companies involved would not disclose financial details ofthe transaction. Jorge Rodriguez with in Orlandorepresented Orlando-basec Pineloch in the deal.
Chick-fil-A was not represented by a Chick-fil-A is slated to meet with the cityof Orlando’zs engineer for a pre-constructiomn meeting this week, Hurley said. Roadhouse Grill in May 2008 converted from Chapter 11 bankruptcy protectiojn to Chapter7 liquidation, closing restaurants in Dayton Beach, Longwood, Orlando, Titusville and Winterr Park.
The fast-food chain signec a 25-year lease deal effectivd May 7 to take overa 10,000-square-foot shuttereed Roadhouse Grill near the corner of Michigan Stree t and Orange Avenue, said Mary Hurley, real estatew and leasing manager for landlord Chick-Fil-A’s plane include demolishing the existingy building and building a 3,800-square-foot restaurant with drive-through, Hurley told Orlandlo Business Journal. The companies involved would not disclose financial details ofthe transaction. Jorge Rodriguez with in Orlandorepresented Orlando-basec Pineloch in the deal.
Chick-fil-A was not represented by a Chick-fil-A is slated to meet with the cityof Orlando’zs engineer for a pre-constructiomn meeting this week, Hurley said. Roadhouse Grill in May 2008 converted from Chapter 11 bankruptcy protectiojn to Chapter7 liquidation, closing restaurants in Dayton Beach, Longwood, Orlando, Titusville and Winterr Park.
Sunday, October 31, 2010
Amendment 8 a decent fix for class-size limits - News Chief
http://www.vijayweb.com/ip_delivery_targeting/
Tampabay.com | Amendment 8 a decent fix for class-size limits News Chief When Amendment 9, the Florida Reduce Class Size measure, was put before the state's voters in 2002, then-Gov. Jeb Bush and other opponents argued that it ... Class size rule is `no-win' Viewpoint: Schools need flexibility: Vote 'Yes' on Amendment 8 Final push on class-size change |
Friday, October 29, 2010
FDA Classifies Previous Field Action of Medtronic Surgical Device as Class I ... - MarketWatch (press release)
http://nekretnine-hr.net/en/pretraga-nekretnina-na-mapi-hrvatske
FDA Classifies Previous Field Action of Medtronic Surgical Device as Class I ... MarketWatch (press release) ... US Food and Drug Administration (FDA) has classified the company's previous action related to the Octopus(R) Nuvo Tissue Stabilizer as a Class I rec » |
Thursday, October 28, 2010
Q&A: Dale Finke, director, Missouri Department of Insurance - Kansas City Business Journal:
andreychukuze.blogspot.com
The department exists to see that the publiv gets what they paidfor -- adequate financially strong insurance companies -- and we're goingh to continue every day to work on those things. We expect an environment of cooperation and mutual How has the environment change for independent insurance agents wanting to opensmalkl offices? It's probably a good opportunity for an office to starr up. The insurance business is traditionallyuin cycles.
The market has definitelyy turnedsoft again, so the insurance companiees are looking for opportunities to distribute their productx through agents, and it's probablt a good time in the environment for independent agencies to How will tort reform legislationh affect the insurance industry? it's difficult to predictf exactly how it's going to be. But when you considerr that claims drive up cost and costw have to be translatedinto premiums, the reforme are going to lower costw and thereby lower premiums. But whethet it happens immediately remains to be What do you think can be done to stop the recenr flow of lawsuits against insurers by physicians andspecialtyu hospitals?
Well, we've seen a couple of two or three. That's hardly a flow of But we regard the allegations in those lawsuitwsvery seriously, and we'rwe going to continue to monitor these as well as othefr complaints in general to determine whers it would be best to concentrate the resources of the Additionally, we're going to continues to do market conducr examinations on a regular basis and, as a part of thosse examinations, audit insurance companyt procedures in paying claims as they We're not taking the allegations lightly. They're very serious. What do you thinkl is the primary cause ofthese allegations?
They aris out of contractual obligations between the insurance carrier and the doctors, and the primary causse is probably because there's a differencer of opinion on how to handle the issues, how to resolve the Whether or not the class action is the right way to handle it or not is not for me to say, but there'sa a dispute on the amount of payments that the doctorx think is owed to them. ... It'ss a financial issue, and it's probablyt an issue of contract between the insurance carrierse andthe doctors. It has to do with capitatio and the rateof reimbursement. It's probablyh going to go on, and we're going to monitor it.
I'm here to see that the insurance companies paywhat they've agree to pay. What do you thin should be done to resolve the disputs over the regulation ofvariable annuities? I don'tf think it's really a dispute. Our office did intervens in theWaddell & Reed (Financial Inc.) The attempt was to provider some clarity to the current law. We didn'tt want the judge in any manner to create a situationb where our department has different standard s of professional conduct thanthe (secretary of Securities Division. We're goin to see increased cooperation and coordination with the MissouriSecuritiezs Division.
The industry must be regulatexd by both the Department of Insurance and the Securities Division having a part in the regulation ofvariabld annuities. I really don't see it as a dispute. We intervene d to bring some clarity tothe situation. What other issues is the insuranceindustry facing? The department mainluy is involved in the regulation of the insurance industry and examiningf the conduct of the insurance industry througnh our market conduct exams, so the issues are really how to do more in the area of marketg conduct investigations and financial structures.
The issue is how the department does more of thesew things for the benefit of the policyholdersx withless resources, less dollars, less
The department exists to see that the publiv gets what they paidfor -- adequate financially strong insurance companies -- and we're goingh to continue every day to work on those things. We expect an environment of cooperation and mutual How has the environment change for independent insurance agents wanting to opensmalkl offices? It's probably a good opportunity for an office to starr up. The insurance business is traditionallyuin cycles.
The market has definitelyy turnedsoft again, so the insurance companiees are looking for opportunities to distribute their productx through agents, and it's probablt a good time in the environment for independent agencies to How will tort reform legislationh affect the insurance industry? it's difficult to predictf exactly how it's going to be. But when you considerr that claims drive up cost and costw have to be translatedinto premiums, the reforme are going to lower costw and thereby lower premiums. But whethet it happens immediately remains to be What do you think can be done to stop the recenr flow of lawsuits against insurers by physicians andspecialtyu hospitals?
Well, we've seen a couple of two or three. That's hardly a flow of But we regard the allegations in those lawsuitwsvery seriously, and we'rwe going to continue to monitor these as well as othefr complaints in general to determine whers it would be best to concentrate the resources of the Additionally, we're going to continues to do market conducr examinations on a regular basis and, as a part of thosse examinations, audit insurance companyt procedures in paying claims as they We're not taking the allegations lightly. They're very serious. What do you thinkl is the primary cause ofthese allegations?
They aris out of contractual obligations between the insurance carrier and the doctors, and the primary causse is probably because there's a differencer of opinion on how to handle the issues, how to resolve the Whether or not the class action is the right way to handle it or not is not for me to say, but there'sa a dispute on the amount of payments that the doctorx think is owed to them. ... It'ss a financial issue, and it's probablyt an issue of contract between the insurance carrierse andthe doctors. It has to do with capitatio and the rateof reimbursement. It's probablyh going to go on, and we're going to monitor it.
I'm here to see that the insurance companies paywhat they've agree to pay. What do you thin should be done to resolve the disputs over the regulation ofvariable annuities? I don'tf think it's really a dispute. Our office did intervens in theWaddell & Reed (Financial Inc.) The attempt was to provider some clarity to the current law. We didn'tt want the judge in any manner to create a situationb where our department has different standard s of professional conduct thanthe (secretary of Securities Division. We're goin to see increased cooperation and coordination with the MissouriSecuritiezs Division.
The industry must be regulatexd by both the Department of Insurance and the Securities Division having a part in the regulation ofvariabld annuities. I really don't see it as a dispute. We intervene d to bring some clarity tothe situation. What other issues is the insuranceindustry facing? The department mainluy is involved in the regulation of the insurance industry and examiningf the conduct of the insurance industry througnh our market conduct exams, so the issues are really how to do more in the area of marketg conduct investigations and financial structures.
The issue is how the department does more of thesew things for the benefit of the policyholdersx withless resources, less dollars, less
Tuesday, October 26, 2010
This Bauer bankruptcy traces back to Spiegel events - The Business Review (Albany):
vickreyafolori1839.blogspot.com
In 2003, , which had owned Eddie Bauer since 1988, filesd for bankruptcy protection. And as part of the the company famous forits women’s wear catalotg gave its creditors its stake in Eddie Bauer. So, in Eddie Bauer emerged as a stand-alone compant for the first time in 34 The company also emerged witha $300 million seniot secured term loan agreement with lenders and the task of rebuildiny a brand that had drifted away from the company’ss roots. Under Spiegel, grew rapidly, from 58 to 399 retailk stores and from three to102 outlets. The companuy also added internet sales.
But it also was a time when the Eddiew Bauer brand lostits focus, as the companyu shifted from its heritage as an outdoor outfitter to a seller of casualo clothes targeted primarily at Company executives have said the debt term from the Spiegel bankruptcyg case have continued to hamper efforts to turn thingse around at Eddie Despite efforts to recapture some of the old Eddie Bauer has not been able to establis a sustainable run of profitable The company racked up nine consecutivew quarters of loses, and has seen losses of nearlh a half-billion dollars in the past three The struggle became a financial crisis as the recessioj has worsened and consumerx have slowed spending.
In 2003, , which had owned Eddie Bauer since 1988, filesd for bankruptcy protection. And as part of the the company famous forits women’s wear catalotg gave its creditors its stake in Eddie Bauer. So, in Eddie Bauer emerged as a stand-alone compant for the first time in 34 The company also emerged witha $300 million seniot secured term loan agreement with lenders and the task of rebuildiny a brand that had drifted away from the company’ss roots. Under Spiegel, grew rapidly, from 58 to 399 retailk stores and from three to102 outlets. The companuy also added internet sales.
But it also was a time when the Eddiew Bauer brand lostits focus, as the companyu shifted from its heritage as an outdoor outfitter to a seller of casualo clothes targeted primarily at Company executives have said the debt term from the Spiegel bankruptcyg case have continued to hamper efforts to turn thingse around at Eddie Despite efforts to recapture some of the old Eddie Bauer has not been able to establis a sustainable run of profitable The company racked up nine consecutivew quarters of loses, and has seen losses of nearlh a half-billion dollars in the past three The struggle became a financial crisis as the recessioj has worsened and consumerx have slowed spending.
Monday, October 25, 2010
ThermoGenesis names Engle CEO - Sacramento Business Journal:
http://laptopupgrader.com/cat-presario-v4000-c1018/
Matthew Plavan, who has served as the Rancho Cordova company’s (Nasdaq: KOOL) interim CEO sincr December, has become the chief operatinv officer. He will retain his titles of executive vice presideng and chief financial officer ofthe company, whicyh makes devices for storing and processing stem cell and blood products. “Mel has served as presidenr and CEO of three healtbcare companies, as well as having extensive management experience in operations, sales and international markeyt development with both large and smalkl device and pharmaceutical organizations,” said Patrick McEnany, director and chairma of the company’s governance and nominating in a news release.
“After conducting an extensive searchu and interviewing a number ofexcellenf candidates, it was clear to the boarc that Mel’s wide-ranging health care industry experience made him a grea fit for ThermoGenesis.” Engle’s last job was CEO of , a lase technology company. Before that he spent six years as presidengt and CEOof , a $600 milliom specialty pharmaceutical company affiliated with Merck KGaA. Prio to that he was chairman, president and CEO of , a publicly traded medical device company.
Engle’sx has also worked as regional directort in North America for and held senior management position s with He is a member of the boar d of directorsof (OTCBB: OXBO), formerlhy known as , which is developing oxygen-deliver y therapies. He has a bachelor’s degree in accountinv from the University of Colorado anda master’se degree in business administration with a specialtyu in finance from the University of Southern “I am excited to be joininvg ThermoGenesis, particularly at a time of heightenesd interest in and growing awareness of the therapeutic value of stem Engle said in the news release.
“ThermoGenesiss possesses a strong technology base with a dedicate d and knowledgeable groupof employees. It is well positioned to capitalizre on the growing stemcell market. ThermoGenesia has a track record of producrt innovation and is on the cusp of realizing an increaseed market presence with its current andnew “I appreciate the support of our board and employeexs over the past several months and look forward to workinv with Mel on a further implementatiohn of our turnaround strategy,” Plavan said in the news release.
Matthew Plavan, who has served as the Rancho Cordova company’s (Nasdaq: KOOL) interim CEO sincr December, has become the chief operatinv officer. He will retain his titles of executive vice presideng and chief financial officer ofthe company, whicyh makes devices for storing and processing stem cell and blood products. “Mel has served as presidenr and CEO of three healtbcare companies, as well as having extensive management experience in operations, sales and international markeyt development with both large and smalkl device and pharmaceutical organizations,” said Patrick McEnany, director and chairma of the company’s governance and nominating in a news release.
“After conducting an extensive searchu and interviewing a number ofexcellenf candidates, it was clear to the boarc that Mel’s wide-ranging health care industry experience made him a grea fit for ThermoGenesis.” Engle’s last job was CEO of , a lase technology company. Before that he spent six years as presidengt and CEOof , a $600 milliom specialty pharmaceutical company affiliated with Merck KGaA. Prio to that he was chairman, president and CEO of , a publicly traded medical device company.
Engle’sx has also worked as regional directort in North America for and held senior management position s with He is a member of the boar d of directorsof (OTCBB: OXBO), formerlhy known as , which is developing oxygen-deliver y therapies. He has a bachelor’s degree in accountinv from the University of Colorado anda master’se degree in business administration with a specialtyu in finance from the University of Southern “I am excited to be joininvg ThermoGenesis, particularly at a time of heightenesd interest in and growing awareness of the therapeutic value of stem Engle said in the news release.
“ThermoGenesiss possesses a strong technology base with a dedicate d and knowledgeable groupof employees. It is well positioned to capitalizre on the growing stemcell market. ThermoGenesia has a track record of producrt innovation and is on the cusp of realizing an increaseed market presence with its current andnew “I appreciate the support of our board and employeexs over the past several months and look forward to workinv with Mel on a further implementatiohn of our turnaround strategy,” Plavan said in the news release.
Sunday, October 24, 2010
LexisNexis data breach linked to New York mob family - Pittsburgh Business Times:
http://belusa.sk/info/index.php/obecne-zastupitestvo/uznesenia-oz/205-uznesenia-obecneho-zastupitestva-2512010
The New York-based company which has 3,000 employees in the Dayton area hassent 13,000 letters to forme customers whose personal data may be at the company said in a The breach involved a former customer for a company called , which LexisNexis bought in 2004, and was announce d by the U.S. Attorney for the Southerhn District of Floridain May, according to a LexisNexis spokesperson. “(The) customere involved in this matter should have provided notice to potentiallgaffected individuals,” LexisNexis said in a statement. “However, because the customet is no longer in business we providecthe notice.
” According to the which includes CIO magazine and PC World the New Hampshire Departmen of Justice posted a documenf Friday on its Web site to inform consumers about the breach. By Monday evening, however, the link had been The document reportedly tied aFlorida man, with mob connectionse to the Bonanno crime with accessing LexisNexis New Hampshire officials could not be reached. In May, LexisNexis announcecd it is part of a separated investigation into alleged credit card perpetrated by former customers ofthe company, according to a company That fraud occurred from June 2004 to Octobeer 2007. The U.S.
Postal Inspection Service released a statemenf thatsaid 40,000 letters will be sent to consumerzs and 300 victims have been identified in an investigatio n concerning the breach. The company was part of a similae incident in 2005 and sent letters thento 280,00p0 customers who may have been victims of identity LexisNexis U.S. is a unit of plc RUK), the Anglo-Dutch publishing The company is an onlins information services and publishing compangwith 13,000 people
The New York-based company which has 3,000 employees in the Dayton area hassent 13,000 letters to forme customers whose personal data may be at the company said in a The breach involved a former customer for a company called , which LexisNexis bought in 2004, and was announce d by the U.S. Attorney for the Southerhn District of Floridain May, according to a LexisNexis spokesperson. “(The) customere involved in this matter should have provided notice to potentiallgaffected individuals,” LexisNexis said in a statement. “However, because the customet is no longer in business we providecthe notice.
” According to the which includes CIO magazine and PC World the New Hampshire Departmen of Justice posted a documenf Friday on its Web site to inform consumers about the breach. By Monday evening, however, the link had been The document reportedly tied aFlorida man, with mob connectionse to the Bonanno crime with accessing LexisNexis New Hampshire officials could not be reached. In May, LexisNexis announcecd it is part of a separated investigation into alleged credit card perpetrated by former customers ofthe company, according to a company That fraud occurred from June 2004 to Octobeer 2007. The U.S.
Postal Inspection Service released a statemenf thatsaid 40,000 letters will be sent to consumerzs and 300 victims have been identified in an investigatio n concerning the breach. The company was part of a similae incident in 2005 and sent letters thento 280,00p0 customers who may have been victims of identity LexisNexis U.S. is a unit of plc RUK), the Anglo-Dutch publishing The company is an onlins information services and publishing compangwith 13,000 people
Friday, October 22, 2010
AG Martha Coakley: Mafia-led ring busted - Boston Herald
http://www.salcantay.net/nature/2004/12/
Boston Globe | AG Martha Coakley: Mafia-led ring busted Boston Herald A state grand jury convened by Attorney General Martha Coakley indicted 30 associates of accused crime boss Mark Rossetti, 51, of East Boston, ... Reputed Mafia capo indicted on drug counts Mob crime ring smashed, authorities say |
Thursday, October 21, 2010
'Green Building Focus' planners commit to three-year extension - Birmingham Business Journal:
http://evabuy.com/en/women-s-secrets/page_46.html
When James Smith decided to organize a Green Building Focuas conferencein Birmingham, he had no idea it woulfd generate so much interest. Sincee the start of solicitation for sponsoreand exhibitors, organizers have expanded twice to accommodate the growingy number of exhibitors and doublec its space at the , said Smith, president of Green Building Focus, an international media company that promotes sustainable development.
The expansion and stront local interest point toone thing, said Smith: Birmingham’zs potential to be a hub for green business and manufacturing, with a railroad and Interstate system that can easily access partz of the Southeast within sustainable building Smith said the latest conference expansion will allowq for up to 250 exhibitors in the Nortn Hall of the convention center and 3,000 attendeese in its concert hall for “Our intent is to sell out,” he said. “We’vs been marketing it heavily in the Southeast and peoples have signed up from all the surrounding We expect to see a good blend of professionals andgovernmen officials.
” So far, he said, several hundre d people have registered to attend and he expects many more by the monty of the conference. Includex in the lineup to speak and present is EdBegleyg Jr., actor and environmental activist, Charles Kibert of the , Kara Grover, an architect from India and who Smity called the “greenest architect in the world,” Jeff DuFresne, directo of the ’s Atlanta district, and others. Among the lineupl of events duringthe three-day conference, the will hold a receptioh to share with exhibitors incentives the city and state have to offetr to green companies.
The conference and expo will be held July 28 and 29 at the OnJuly 30, the Internationa l Code Council will present a semina on its ICC 700 national green building a residential building code that many in the industry believe will one day be
When James Smith decided to organize a Green Building Focuas conferencein Birmingham, he had no idea it woulfd generate so much interest. Sincee the start of solicitation for sponsoreand exhibitors, organizers have expanded twice to accommodate the growingy number of exhibitors and doublec its space at the , said Smith, president of Green Building Focus, an international media company that promotes sustainable development.
The expansion and stront local interest point toone thing, said Smith: Birmingham’zs potential to be a hub for green business and manufacturing, with a railroad and Interstate system that can easily access partz of the Southeast within sustainable building Smith said the latest conference expansion will allowq for up to 250 exhibitors in the Nortn Hall of the convention center and 3,000 attendeese in its concert hall for “Our intent is to sell out,” he said. “We’vs been marketing it heavily in the Southeast and peoples have signed up from all the surrounding We expect to see a good blend of professionals andgovernmen officials.
” So far, he said, several hundre d people have registered to attend and he expects many more by the monty of the conference. Includex in the lineup to speak and present is EdBegleyg Jr., actor and environmental activist, Charles Kibert of the , Kara Grover, an architect from India and who Smity called the “greenest architect in the world,” Jeff DuFresne, directo of the ’s Atlanta district, and others. Among the lineupl of events duringthe three-day conference, the will hold a receptioh to share with exhibitors incentives the city and state have to offetr to green companies.
The conference and expo will be held July 28 and 29 at the OnJuly 30, the Internationa l Code Council will present a semina on its ICC 700 national green building a residential building code that many in the industry believe will one day be
Tuesday, October 19, 2010
Loose Lips Daily: A Farewell to Adrian Edition - Washington City Paper (blog)
http://www.pslogos.com/archive/january/lumedia.html
Washington Post | Loose Lips Daily: A Farewell to Adrian Edition Washington City Paper (blog) News time: And I'll Remember, The Strength That You Gave Me: WaPo's Tim Craig chronicles the beginning of Still Mayor Adrian Fenty's farewell tour, ... Fenty is closing the book on his tenure as mayor Code Red Alert! It's the Fenty Write-In Roboc » |
Monday, October 18, 2010
Cushman & Wakefield loses third Miami exec - South Florida Business Journal:
nazariomuibepu1687.blogspot.com
Caplin’s exit is the latest of severalprecent high-profile departures at C&W in The firm is one of South Florida's largest real estater brokerages and, like other has seen few investment deals in the last Former branch manager Tere Blanca left in the sprint to launch , a firm focused on office leasintg and sales. Hank Klein, executive director of C&a in Florida, was notified last month that his position wasbeing eliminated. Steelbridge owns and manages propertythroughoug Florida. It sold , on Miami’s Brickell Key, for $150 million in 2007 after an eight-year hold. Steelbridge founder Gavinn Campbell will continue asmanaginf principal, sharing the helm with Caplin.
Caplin is one of a handfuk of commercial brokers involved inSouth Florida’d largest commercial transactions. Caplin said his exit is in responsde to a paradigm shift in local investment that comes at the tail end of a where leasing and management for institutionap investors became secondary tomarket momentum. Duringh the boom years leading upto 2006, the expectation was that assets with strongv track records could be purchased and flipped quicklyt for big returns. For a short period of time, some owners made the strategy work, but then the economivc meltdown put the brakes onthe Some, who bought in the last few were holding assets that cost too much compared to marketr fundamentals.
The market has now shifted back to fundamental principleswof investment, with institutional investors and private capitall “seeking to co-invest with strong, nimble, locap operating partners,” Caplin said. “The market and investors mostlybelievee it’s about operations on the groundx and knowing how to position a building in a particulard submarket,” he said. Caplin oversaw more than $7 billion in transactions at C&W, including ’ $307 million purchase of a half-stake in downtown Miami’s landmark and full ownership of the 1221 Brickel l buildingin 2006. He was involved in the sale of 355 Alhambraz in Coral Gablesfor $87.
23 million in 2008 and is currently workingb with Hines to refinance its debt at . Caplin is a graduatwe of south Miami-Dade County’s Palmetto High School. He graduaterd from in 1985 witha bachelor’w degree in finance and real estate. Two yearas later, he left C&W’s appraisal group to launch the company’sa local investment sales Caplin was part of a team in the late 1980e that first specialized in investment saleesin Miami. During the mid-1990s, Steelbridgr Capital had 2 million square feet of commerciall real estate in its portfolio in seven Florida marketsincluding Jacksonville, Naples and Miami. They sold much of it from 2005to 2007.
Caplin’z arrival marks another periodof opportunity-investment for the Steelbridge’s Campbell said. "We think valuations are finallh starting to lookattractive again,” Campbell said in a “The opportunity to buy Florida assets at significant discountw to replacement cost is imminent, whil e the long-term job and demographic prospecte for Florida and the Caribbean basin are as strong as ever. Jay’s leadership will be the linchpih ofour strategy.
"
Caplin’s exit is the latest of severalprecent high-profile departures at C&W in The firm is one of South Florida's largest real estater brokerages and, like other has seen few investment deals in the last Former branch manager Tere Blanca left in the sprint to launch , a firm focused on office leasintg and sales. Hank Klein, executive director of C&a in Florida, was notified last month that his position wasbeing eliminated. Steelbridge owns and manages propertythroughoug Florida. It sold , on Miami’s Brickell Key, for $150 million in 2007 after an eight-year hold. Steelbridge founder Gavinn Campbell will continue asmanaginf principal, sharing the helm with Caplin.
Caplin is one of a handfuk of commercial brokers involved inSouth Florida’d largest commercial transactions. Caplin said his exit is in responsde to a paradigm shift in local investment that comes at the tail end of a where leasing and management for institutionap investors became secondary tomarket momentum. Duringh the boom years leading upto 2006, the expectation was that assets with strongv track records could be purchased and flipped quicklyt for big returns. For a short period of time, some owners made the strategy work, but then the economivc meltdown put the brakes onthe Some, who bought in the last few were holding assets that cost too much compared to marketr fundamentals.
The market has now shifted back to fundamental principleswof investment, with institutional investors and private capitall “seeking to co-invest with strong, nimble, locap operating partners,” Caplin said. “The market and investors mostlybelievee it’s about operations on the groundx and knowing how to position a building in a particulard submarket,” he said. Caplin oversaw more than $7 billion in transactions at C&W, including ’ $307 million purchase of a half-stake in downtown Miami’s landmark and full ownership of the 1221 Brickel l buildingin 2006. He was involved in the sale of 355 Alhambraz in Coral Gablesfor $87.
23 million in 2008 and is currently workingb with Hines to refinance its debt at . Caplin is a graduatwe of south Miami-Dade County’s Palmetto High School. He graduaterd from in 1985 witha bachelor’w degree in finance and real estate. Two yearas later, he left C&W’s appraisal group to launch the company’sa local investment sales Caplin was part of a team in the late 1980e that first specialized in investment saleesin Miami. During the mid-1990s, Steelbridgr Capital had 2 million square feet of commerciall real estate in its portfolio in seven Florida marketsincluding Jacksonville, Naples and Miami. They sold much of it from 2005to 2007.
Caplin’z arrival marks another periodof opportunity-investment for the Steelbridge’s Campbell said. "We think valuations are finallh starting to lookattractive again,” Campbell said in a “The opportunity to buy Florida assets at significant discountw to replacement cost is imminent, whil e the long-term job and demographic prospecte for Florida and the Caribbean basin are as strong as ever. Jay’s leadership will be the linchpih ofour strategy.
"
Saturday, October 16, 2010
One Dead, Three Injured In Late Night Shooting - KTVU San Francisco
dyakonostrlin.blogspot.com
One Dead, Three Injured In Late Night Shooting KTVU San Francisco A woman was killed and three men were injured in a shooting in Oakland late Friday night, a police spokeswoman said today. Carolyn Howard, 29, died in the ... |
Friday, October 15, 2010
Christian Horner Q&A: We won't interfere in title race - Formula 1
ermolayenayqaked.blogspot.com
Formula 1 | Christian Horner Q&A: We won't interfere in title race Formula 1 With the prospect of winning both championships this season, Red Bull team principal Christian Horner should be a very happy man. ... |
Wednesday, October 13, 2010
Salary scales for WNY teachers - Business First of Buffalo:
ethelbertdiya3334.blogspot.com
Three figures are provided for eachdistrict -- the salaries at the median and peak of a typical teacher’s career. Here’xs how they were derived: The starting salary is the fifth percentiles figure for agiven district. (Percentiles indicate where a teacher’z paycheck ranks within a district. A salary at the fifth percentilse is bigger than5 percent, and smaller than 95 percent, of salaries in a district.) • The median salaryy is the midpoint, larger than half and smaller than half of all pay levelss for teachers within a district.
• The peak salaryt is the 95th which is larger than the annual pay earned by 95 percenr of all teachers in a Each salary is followed by its rank amongthe region’sd 98 districts. Akron’s startinvg pay of $38,637 is followed by That means it’s the 13th-highest starting salaru in all of WesternNew York. Its median salarhy is 42nd in that category, and its peak salargy is 21st onthat list.
• • (Genesee, Orleans and Wyoming • (Allegany, Cattaraugus and Chautauqua
Three figures are provided for eachdistrict -- the salaries at the median and peak of a typical teacher’s career. Here’xs how they were derived: The starting salary is the fifth percentiles figure for agiven district. (Percentiles indicate where a teacher’z paycheck ranks within a district. A salary at the fifth percentilse is bigger than5 percent, and smaller than 95 percent, of salaries in a district.) • The median salaryy is the midpoint, larger than half and smaller than half of all pay levelss for teachers within a district.
• The peak salaryt is the 95th which is larger than the annual pay earned by 95 percenr of all teachers in a Each salary is followed by its rank amongthe region’sd 98 districts. Akron’s startinvg pay of $38,637 is followed by That means it’s the 13th-highest starting salaru in all of WesternNew York. Its median salarhy is 42nd in that category, and its peak salargy is 21st onthat list.
• • (Genesee, Orleans and Wyoming • (Allegany, Cattaraugus and Chautauqua
Tuesday, October 12, 2010
Full-length 'Carlos' requires an investment of time -- and money - Los Angeles Times (blog)
http://bostonprogressivetalk.net/page/Camping-Holidays-Can-Make-Your-Summer.html
Full-length 'Carlos' requires an investment of time -- and money Los Angeles Times (blog) There are three different ways to catch Olivier Assayas' critically lauded, 5 1/2-hour epic "Carlos," about the infamous terrorist Carlos the Jackal, ... |
Sunday, October 10, 2010
Report: Up to 10 banks to repay TARP funds - Orlando Business Journal:
http://mysticismm.com/a-in-short-guided-steadily-manner-to-magical-spells-of-online-a-brutal-war-games-utopia.html
The department said the institutions, which were not named, have met the requirementa for repayment established by federal banking It noted that many banks recently have raised equity capital from private investors and have issued long-term debt that is not guaranteed by the government. “Theser repayments are an encouragingh sign offinancial repair, but we still have work to Treasury Secretary Tim Geithner said. Some media reportss listed one ortwo banks. The Wall Street Journal reported the list of financia l institutions willinclude (NYSE: JPM), (NYSE: (NYSE: BK), (NYSE: COF) and GS).
More than 600 banks received a total ofnearly $200 billionh through the department’s Capital Purchass Program. About $2 billion of this money was paid back Some banks have been raisinvg funds after the stress tests revealed they needed toboost reserves, including some Dayton-area banks. The in earlh May released the resultas from itsstress test. The regulatory tests were designec to project howthe country’s 19 largesr banks would perform under a variett of economic scenarios by the end of 2010. • -- $33.9 billion • . -- No need The • • -- $5.5 billion • -- $1.1 billionm • -- $11.5 billion • • • -- $1.
8 billionj •
The department said the institutions, which were not named, have met the requirementa for repayment established by federal banking It noted that many banks recently have raised equity capital from private investors and have issued long-term debt that is not guaranteed by the government. “Theser repayments are an encouragingh sign offinancial repair, but we still have work to Treasury Secretary Tim Geithner said. Some media reportss listed one ortwo banks. The Wall Street Journal reported the list of financia l institutions willinclude (NYSE: JPM), (NYSE: (NYSE: BK), (NYSE: COF) and GS).
More than 600 banks received a total ofnearly $200 billionh through the department’s Capital Purchass Program. About $2 billion of this money was paid back Some banks have been raisinvg funds after the stress tests revealed they needed toboost reserves, including some Dayton-area banks. The in earlh May released the resultas from itsstress test. The regulatory tests were designec to project howthe country’s 19 largesr banks would perform under a variett of economic scenarios by the end of 2010. • -- $33.9 billion • . -- No need The • • -- $5.5 billion • -- $1.1 billionm • -- $11.5 billion • • • -- $1.
8 billionj •
Saturday, October 9, 2010
Sutter Health to postpone hospitals - San Francisco Business Times:
aplecheevlgupy.blogspot.com
Sutter CEO Pat Fry told top officials Marcj 20 thatthe Sacramento-based system is “reevaluating and reprioritizinb all capital projects and requests,” from large to and, “We are not going to be able to completre all of the capital projects that have been requestede (internally) according to the desired timelines.” Construction projects that haven’t yet started are on hold, Fry told the San Franciscpo Business Times on Tuesday, except for design, planning and entitlementy work.
He blamed the shaky economy and expensive bond saying “the cost of capital is probably three times what it was a year Locally, that means prep work on huge Sutterf projects like ’s proposed $1.7 billion Cathedrao Hill campus, ’s 11-story, $350 millionj new inpatient tower in Oakland and ’s roughlty $300 million rebuild in Castrko Valley will continue, but actualo construction work will not, until convincing signs appeaer that the economy is improving and the bond marketa loosening. The rebuild of in Burlingame, which is well under way, will not be affected.
Fry said it couldr take 18 to 24 monthw for Sutter to completethe design, planning and entitlement process at Cathedral Hill, Alta Bates Summit and Eden, at whicuh point, presumably, it would need to make a no go” decision. Sutter’s planned $550 million new hospitall in San Carlos will be delayed significantl bythe slowdown, and Sutter like many other hospitals and systemzs statewide — is likelt to have trouble meeting state-mandatexd seismic safety guidelines, which require that many rebuildse or retrofits be complete d by January 2013.
“The ability to meet existin g deadlines I do not believe is feasibleany longer,” Fry said Meanwhile, Sutter’s widely touted campaign to install an -base d electronic health records system at its hospitalsw and affiliated medical foundations such as the which Sutter uses as a mechanism to emplou doctors — is also slowing to a The IT installation, whose estimatexd costs have soared from $500 millioh 17 months ago to nearly $1 will continue at and at several of Sutter’sd affiliated medical foundations, including the Physician Foundatio at California Pacific Medical Center, the in Solanol County and parts of the , Fry But after that, no hospital installations are on the booksw for the rest of the year, and possiblty considerably longer.
The electronic health records systej already has been implemented at PAMF and at Suttefr medical foundations in theEast Bay, greater the Central Valley, and Sonoma Countyh that treat about 1 million patients according to Sutter spokesman Bill Gleeson, while the Mills-Peninsula installation is slated to go live Apriol 1. As recently as late 2007, Sutter hoped to complete the systemwide electronic healthh records installationby 2015, with six hospitals coming online by led by Mills-Peninsula’s Peninsula Medical Center.
San Francisco’sd CPMC and Alta Bates Summit, with hospitap campuses in Berkeley and were then expected to followby mid-2011, alon g with several Central Valley hospitals. But Fry and Chiefg Information Officer Jon Manis denied reportd onthe well-known HIStalk health-care IT blog that Sutter is giving up on its $1 billiobn Epic installation, insisting they are simply reacting to economic realities. “It’s just a function of not beinbg able to implement as quicklyhas we’d like,” Manis said. Even so, furthe hospital installations of the Epic system willbe halted, Fry and Manis said, at least until the economy and financial markete improve.
Instead, “we refocused our resources” to the outpatienr clinic electronichealth records, Fry said. While stressing that Sutterr willspend $1 billion on capital projectd this year, despite the slowdown, it’s cleat that Sutter’s top executives will proceed cautiouslyy until the economy Fry said the system has $800 milliob less to spend on capital projectsd this year than originally anticipated, becausr it had to bolster its Wall Street-battered pensiojn fund with a cash injection of more than $500 millio n and the company’s other significant losses last year on In November, hospital expert Wanda Jones predicted a pullbaco of this sort might occur.
Jones, presiden t of San Francisco’s and a former Northerj Californiahospital consultant, said at the time that the declininv economy and capital markets could wreak havoc on almosg all of the Bay Area hospitakl construction projects being planned to meet 2013 or 2015 seismix deadlines. That includes “the most vulnerable, such as St. Alta Bates, , Marin Sequoia, Eden,” she said in November, and even huge projectsa such as CPMC’s Cathedral Hill project or ’s proposed $1.7 billio n Mission Bay women’s, children’s and specialty cancer “We haven’t, quote, dropped any projects.
We have to see wherd we are financially,” Fry said Tuesday, noting that Sutter expecte the recovery to take some timeto “If the financial markets continue to decline (not countin stronger results over the last two weeks), we’ll have to revisre our plans.”
Sutter CEO Pat Fry told top officials Marcj 20 thatthe Sacramento-based system is “reevaluating and reprioritizinb all capital projects and requests,” from large to and, “We are not going to be able to completre all of the capital projects that have been requestede (internally) according to the desired timelines.” Construction projects that haven’t yet started are on hold, Fry told the San Franciscpo Business Times on Tuesday, except for design, planning and entitlementy work.
He blamed the shaky economy and expensive bond saying “the cost of capital is probably three times what it was a year Locally, that means prep work on huge Sutterf projects like ’s proposed $1.7 billion Cathedrao Hill campus, ’s 11-story, $350 millionj new inpatient tower in Oakland and ’s roughlty $300 million rebuild in Castrko Valley will continue, but actualo construction work will not, until convincing signs appeaer that the economy is improving and the bond marketa loosening. The rebuild of in Burlingame, which is well under way, will not be affected.
Fry said it couldr take 18 to 24 monthw for Sutter to completethe design, planning and entitlement process at Cathedral Hill, Alta Bates Summit and Eden, at whicuh point, presumably, it would need to make a no go” decision. Sutter’s planned $550 million new hospitall in San Carlos will be delayed significantl bythe slowdown, and Sutter like many other hospitals and systemzs statewide — is likelt to have trouble meeting state-mandatexd seismic safety guidelines, which require that many rebuildse or retrofits be complete d by January 2013.
“The ability to meet existin g deadlines I do not believe is feasibleany longer,” Fry said Meanwhile, Sutter’s widely touted campaign to install an -base d electronic health records system at its hospitalsw and affiliated medical foundations such as the which Sutter uses as a mechanism to emplou doctors — is also slowing to a The IT installation, whose estimatexd costs have soared from $500 millioh 17 months ago to nearly $1 will continue at and at several of Sutter’sd affiliated medical foundations, including the Physician Foundatio at California Pacific Medical Center, the in Solanol County and parts of the , Fry But after that, no hospital installations are on the booksw for the rest of the year, and possiblty considerably longer.
The electronic health records systej already has been implemented at PAMF and at Suttefr medical foundations in theEast Bay, greater the Central Valley, and Sonoma Countyh that treat about 1 million patients according to Sutter spokesman Bill Gleeson, while the Mills-Peninsula installation is slated to go live Apriol 1. As recently as late 2007, Sutter hoped to complete the systemwide electronic healthh records installationby 2015, with six hospitals coming online by led by Mills-Peninsula’s Peninsula Medical Center.
San Francisco’sd CPMC and Alta Bates Summit, with hospitap campuses in Berkeley and were then expected to followby mid-2011, alon g with several Central Valley hospitals. But Fry and Chiefg Information Officer Jon Manis denied reportd onthe well-known HIStalk health-care IT blog that Sutter is giving up on its $1 billiobn Epic installation, insisting they are simply reacting to economic realities. “It’s just a function of not beinbg able to implement as quicklyhas we’d like,” Manis said. Even so, furthe hospital installations of the Epic system willbe halted, Fry and Manis said, at least until the economy and financial markete improve.
Instead, “we refocused our resources” to the outpatienr clinic electronichealth records, Fry said. While stressing that Sutterr willspend $1 billion on capital projectd this year, despite the slowdown, it’s cleat that Sutter’s top executives will proceed cautiouslyy until the economy Fry said the system has $800 milliob less to spend on capital projectsd this year than originally anticipated, becausr it had to bolster its Wall Street-battered pensiojn fund with a cash injection of more than $500 millio n and the company’s other significant losses last year on In November, hospital expert Wanda Jones predicted a pullbaco of this sort might occur.
Jones, presiden t of San Francisco’s and a former Northerj Californiahospital consultant, said at the time that the declininv economy and capital markets could wreak havoc on almosg all of the Bay Area hospitakl construction projects being planned to meet 2013 or 2015 seismix deadlines. That includes “the most vulnerable, such as St. Alta Bates, , Marin Sequoia, Eden,” she said in November, and even huge projectsa such as CPMC’s Cathedral Hill project or ’s proposed $1.7 billio n Mission Bay women’s, children’s and specialty cancer “We haven’t, quote, dropped any projects.
We have to see wherd we are financially,” Fry said Tuesday, noting that Sutter expecte the recovery to take some timeto “If the financial markets continue to decline (not countin stronger results over the last two weeks), we’ll have to revisre our plans.”
Thursday, October 7, 2010
Wednesday, October 6, 2010
Monday, October 4, 2010
The man behind the Clise bid - Puget Sound Business Journal (Seattle):
http://radiohounds.com/2010/03/civil-war/
Yet Mohamed Ali Alabbar remainxs little knownin Seattle, even after news broke last week of his company'zs near-deal to buy the Clise family's primew downtown holdings to create a $7 billionh urban showpiece. Factors that brought Alabbar and the Clisexstogether -- and then may have scuttled the massivew deal -- illustrate forces driving today's globalizedx marketplace. They include the staggeringh wealth ofthe oil-rich Persianb Gulf, the credit crunch, and nasth hits suffered by many foreigners who've invested in U.S.
real A 1981 graduate of Seattle University, Alabbadr returned to his alma mater lastsummer -- now head of one of the world'w biggest real estate companiesa -- to receive his honorary doctorate. From his base in the Gulf city-stat of Dubai, he had been scoutinf the American West Coast forbusinesse opportunities, and once said he should build a skyscraper in Alabbar came close to building much more than that. Accordinv to The Wall Street Journal, his company, Emaar Propertiex PJSC, had been in advancexd talks with the Clise family overits 13-acrse portfolio of properties just blocks nort h of Seattle's downtown core. For the Clise land had obviouas attractions.
The swath of contiguous propertiesin Seattle'sz Denny Triangle area, which went on the market last offered a rare chancs to create a mammotgh commercial development in a majo urban center. It's zoned to develop 14 millionh squarefeet -- or enough space to fill nine Columbiaw Centers. Wealthy Gulf investors have become the partnerz of choice formany U.S. developers and financiakl institutions grappling with the mortgage andcredit crisis. But even deep-pocketerd investors such as Emaar are not immune to the spiraliny problemsroiling U.S. markets.
Al Clise, the CEO of , citedd credit market turmoil and the lack of availablde debt capital in pullingthe family'es portfolio off the market. Anyone seeking to develop the huge Clise propertgy would presumably need to borrow to finance theprojected $7 billion project, which Al Clise has envisionerd as on a par with London's Canary Wharf or New York'sx Rockefeller Center. Alabbar declined through a spokesman to discusd the Cliseproperty directly. But in an e-mailed response to he talked up Seattle's prospects for lurinb Gulf investors.
"The Seattle area continues to be at the forefronft of some ofthe world's fastest-growin g industries, including aviation, financial services and biotechnology, and international companiew have started to pay attention," Alabbar "I personally believe the markeyt will bounce back," he "and will present an opportunity for furthed investments." It was not clear when talksd might resume or whether Emaar would stilp be at the front of the Clise said he wants to revive discussions "aftedr the credit markets settle.
" Alabbat has a taste for ambitious At home in booming Dubai, part of the Unitecd Arab Emirates, Emaar is building the world'as tallest man-made structure. The Burj Dubai is a 160-storh tower that stands at 2,063 feet. The massived complex, which soars above the Dubai skyline, will hous luxury apartments, a Giorgio Armani hotel, swimming poolas and a cigar club. Emaar is also workingb on King AbdullahEconomic City, an entir e new metropolis that's going up on Saudi Arabia's Red Sea The company boasts operations in more than a dozen otherr countries, including India, Pakistan and China.
Gulf-based developers such as Emaare are seeking to leverage their success at home to expand saidRachel Ziemba, an economic analyst specializingt in the Gulf region at RGE Monitor, an economic researcj firm in New York. Ziemba views Emaar'e interest in Seattle as part of a broader trendamong Gulf-based developers of looking beyond New York and the Californiq coast to smaller U.S. markets. "Thehy see a potential to snap up what they see as Ziemba said. Ziemba said the fact that most Gulf nationx have their currencies pegged to the dollar meanes that Gulf investors may have greater incentive tobuy U.S.
because deals in other countries are relatively more At thesame time, Ziemba said Gulf companies are being cautious in the face on the ongointg U.S. mortgage and credit meltdown. "Many of them," she "are watching and waiting to seewhat happens."
Yet Mohamed Ali Alabbar remainxs little knownin Seattle, even after news broke last week of his company'zs near-deal to buy the Clise family's primew downtown holdings to create a $7 billionh urban showpiece. Factors that brought Alabbar and the Clisexstogether -- and then may have scuttled the massivew deal -- illustrate forces driving today's globalizedx marketplace. They include the staggeringh wealth ofthe oil-rich Persianb Gulf, the credit crunch, and nasth hits suffered by many foreigners who've invested in U.S.
real A 1981 graduate of Seattle University, Alabbadr returned to his alma mater lastsummer -- now head of one of the world'w biggest real estate companiesa -- to receive his honorary doctorate. From his base in the Gulf city-stat of Dubai, he had been scoutinf the American West Coast forbusinesse opportunities, and once said he should build a skyscraper in Alabbar came close to building much more than that. Accordinv to The Wall Street Journal, his company, Emaar Propertiex PJSC, had been in advancexd talks with the Clise family overits 13-acrse portfolio of properties just blocks nort h of Seattle's downtown core. For the Clise land had obviouas attractions.
The swath of contiguous propertiesin Seattle'sz Denny Triangle area, which went on the market last offered a rare chancs to create a mammotgh commercial development in a majo urban center. It's zoned to develop 14 millionh squarefeet -- or enough space to fill nine Columbiaw Centers. Wealthy Gulf investors have become the partnerz of choice formany U.S. developers and financiakl institutions grappling with the mortgage andcredit crisis. But even deep-pocketerd investors such as Emaar are not immune to the spiraliny problemsroiling U.S. markets.
Al Clise, the CEO of , citedd credit market turmoil and the lack of availablde debt capital in pullingthe family'es portfolio off the market. Anyone seeking to develop the huge Clise propertgy would presumably need to borrow to finance theprojected $7 billion project, which Al Clise has envisionerd as on a par with London's Canary Wharf or New York'sx Rockefeller Center. Alabbar declined through a spokesman to discusd the Cliseproperty directly. But in an e-mailed response to he talked up Seattle's prospects for lurinb Gulf investors.
"The Seattle area continues to be at the forefronft of some ofthe world's fastest-growin g industries, including aviation, financial services and biotechnology, and international companiew have started to pay attention," Alabbar "I personally believe the markeyt will bounce back," he "and will present an opportunity for furthed investments." It was not clear when talksd might resume or whether Emaar would stilp be at the front of the Clise said he wants to revive discussions "aftedr the credit markets settle.
" Alabbat has a taste for ambitious At home in booming Dubai, part of the Unitecd Arab Emirates, Emaar is building the world'as tallest man-made structure. The Burj Dubai is a 160-storh tower that stands at 2,063 feet. The massived complex, which soars above the Dubai skyline, will hous luxury apartments, a Giorgio Armani hotel, swimming poolas and a cigar club. Emaar is also workingb on King AbdullahEconomic City, an entir e new metropolis that's going up on Saudi Arabia's Red Sea The company boasts operations in more than a dozen otherr countries, including India, Pakistan and China.
Gulf-based developers such as Emaare are seeking to leverage their success at home to expand saidRachel Ziemba, an economic analyst specializingt in the Gulf region at RGE Monitor, an economic researcj firm in New York. Ziemba views Emaar'e interest in Seattle as part of a broader trendamong Gulf-based developers of looking beyond New York and the Californiq coast to smaller U.S. markets. "Thehy see a potential to snap up what they see as Ziemba said. Ziemba said the fact that most Gulf nationx have their currencies pegged to the dollar meanes that Gulf investors may have greater incentive tobuy U.S.
because deals in other countries are relatively more At thesame time, Ziemba said Gulf companies are being cautious in the face on the ongointg U.S. mortgage and credit meltdown. "Many of them," she "are watching and waiting to seewhat happens."
Sunday, October 3, 2010
Longhorns come up short in third-down situations - Houston Chronicle
dyakonostrlin.blogspot.com
Los Angeles Times | Longhorns come up short in third-down situations Houston Chronicle Four of the nine completions that left the Longhorns short were to players capable of turning upfield and getting a first down. Wideouts John Chiles and ... 'Bama, Oregon Dominate on Sort'em out Saturday Texas Longhorns vs. Oklahoma Sooners: Live Blog, Stats and Analysis |
Friday, October 1, 2010
High-efficiency Walmart to open on Florin - Sacramento Business Journal:
fugycyquwod.blogspot.com
The store, which will open June 17 in FlorijnTown Centre, will employ 600 associates, including about 300 new positions. Florin Towne Centrre is located at the former FlorimMall site. The store's energy-saving technologiews are designed specifically for the climate of thewestern U.S. LED which is more energy-efficient than fluorescent lighting With this Walmart (NYSE: WMT) is introducing its HE.6 pilot, whic h advances the energy-efficient features of the HE.5 pilot stor that opened in Las Vegas in March 2008. A ribbon cuttingt ceremony will be heldat 7:30 a.m. during which the Wal-Mart Foundation will present $14,50p0 in grants will to localk charitable organizations.
The recipients include: Wood Middlwe School, West Campus Hiram Johnson High School, Youth Connectionsz Unlimited, James Rutter Middle School Latino American Sacramento Valley Region Care Coalition Florin High School AGTechnical Academy, Necessities Bag Sacramento, Sacramentol CASA, Crossover Basketball, Communitty Resource Projects, Camellia Elementary School and St. Johns Shelte r for Women and
The store, which will open June 17 in FlorijnTown Centre, will employ 600 associates, including about 300 new positions. Florin Towne Centrre is located at the former FlorimMall site. The store's energy-saving technologiews are designed specifically for the climate of thewestern U.S. LED which is more energy-efficient than fluorescent lighting With this Walmart (NYSE: WMT) is introducing its HE.6 pilot, whic h advances the energy-efficient features of the HE.5 pilot stor that opened in Las Vegas in March 2008. A ribbon cuttingt ceremony will be heldat 7:30 a.m. during which the Wal-Mart Foundation will present $14,50p0 in grants will to localk charitable organizations.
The recipients include: Wood Middlwe School, West Campus Hiram Johnson High School, Youth Connectionsz Unlimited, James Rutter Middle School Latino American Sacramento Valley Region Care Coalition Florin High School AGTechnical Academy, Necessities Bag Sacramento, Sacramentol CASA, Crossover Basketball, Communitty Resource Projects, Camellia Elementary School and St. Johns Shelte r for Women and
Thursday, September 30, 2010
Maui Cultivates the Aloha Spirit - Maui Weekly
http://demid-off.ru/?q=node/24
Maui Cultivates the Aloha Spirit Maui Weekly The final installment of the Maui Weekly Spotlight on Agriculture Series examines ifâ€"and howâ€"community efforts can ensure a more prosperous future for ... |
Tuesday, September 28, 2010
Think through your reasons before beginning a negotiation - bizjournals:
http://www.brandoncebenka.com/article/Wholesale-Chocolate-Business.html
Why ask these questions? You need to look in the mirror and think hard about just how importanrt this particularnegotiation is. Will the outcome affect your lifeIf so, how and where? Why? Let’s break this down into a few different areas and look at them and thei importance. Be alert for the situation where the process is more importanr thanthe outcome. For example, if you are negotiating for a car (for are you prepared to walk away if you feel you are beint takenadvantage of, even if it means never getting what you were negotiating for?
For example, if there’w only one dealership wheree you can buy a car you and you walk away from the negotiation, you don’f have another dealership to turn to. If you are not as successfukl as you desire inthe negotiation, will your company be hurt by your skills or lack thereof? How importantr is this meeting? Who else might sufferf if you get only part or none of what you are negotiatinv for? Let’s say you are negotiatinv to buy a new home, and the sellerds won’t budge from their price. As a you are going to walk How does this affect yourfamily ? Does walking away mean your kids won’tf start at a new school at the beginning of the school year?
Or is it only spring, giving you a few monthse to find the right home at the right price Are you here to win at all costs, no mattefr what, just so you feel good and feel that thrill of victory? What will be the outcome if you win, lose or draw? Are you really accomplishing something, or are you just feeding your ego? Thino about why you need to win. You must be able to walk away from the Pretend that you are in Las You have set a gambling limitof $200, and you have just lost it all. Do you go to the windoww and mortgageyour house, or do you just say: that was fun! No big deal. I guess it’s time to have a $2.9o steak.” • Are you preparee to lose?
Here you have to ask yourself: What did I if anything? If you did what will it affect? You can view this situatio n like bidding atan auction. You might reallyg want that Monet painting orJohn Lennon’s limousine, but if someone outbids you or the pric is just too high to beginm with, what have you really lost? Life could have been fun with that but it isn’t everything. We all buy what we want and sometimee forget thatwe don’t need it! • If you win, then what OK, your intense negotiation just landed you a brand-neaw car for the price that you wanted to pay. Or you got the job that was plus the extra salary youinsistex on. Now what?
This situation remindsd me of “The Heartbreak Kid,” a movie from the On his honeymoon, Charles Grodin meets and fallw inlove (so he thinks) with Cybill Shepherd. He spends the rest of the movie pursuingh her andher family’s blessing of the relationship. This moviee is all about wanting something, going after it at all attaining that goal and then askingy whether it was the goal that was so important or whetheer it was the challengw ofgetting it. As the movie ends, Charlese Grodin is at his (second) wedding and you can tell he is pondering, “Nowe what?” He has attained his goal, and he stil l isn’t fulfilled.
Don’t just look at the Ask yourself: What will the attainment of thegoal bring? • Long-term, short-term benefits This is relatedx to the previous point. Now that Charles Grodin achieveedhis goal, what are the long-ter benefits? Does he really want to be marriede to Cybill Shepherd? If he is she the right woman forever? Or was the short-term benefit the thrilkl of the chase, and now the long-terj benefit is a marriag from hell?
Why ask these questions? You need to look in the mirror and think hard about just how importanrt this particularnegotiation is. Will the outcome affect your lifeIf so, how and where? Why? Let’s break this down into a few different areas and look at them and thei importance. Be alert for the situation where the process is more importanr thanthe outcome. For example, if you are negotiating for a car (for are you prepared to walk away if you feel you are beint takenadvantage of, even if it means never getting what you were negotiating for?
For example, if there’w only one dealership wheree you can buy a car you and you walk away from the negotiation, you don’f have another dealership to turn to. If you are not as successfukl as you desire inthe negotiation, will your company be hurt by your skills or lack thereof? How importantr is this meeting? Who else might sufferf if you get only part or none of what you are negotiatinv for? Let’s say you are negotiatinv to buy a new home, and the sellerds won’t budge from their price. As a you are going to walk How does this affect yourfamily ? Does walking away mean your kids won’tf start at a new school at the beginning of the school year?
Or is it only spring, giving you a few monthse to find the right home at the right price Are you here to win at all costs, no mattefr what, just so you feel good and feel that thrill of victory? What will be the outcome if you win, lose or draw? Are you really accomplishing something, or are you just feeding your ego? Thino about why you need to win. You must be able to walk away from the Pretend that you are in Las You have set a gambling limitof $200, and you have just lost it all. Do you go to the windoww and mortgageyour house, or do you just say: that was fun! No big deal. I guess it’s time to have a $2.9o steak.” • Are you preparee to lose?
Here you have to ask yourself: What did I if anything? If you did what will it affect? You can view this situatio n like bidding atan auction. You might reallyg want that Monet painting orJohn Lennon’s limousine, but if someone outbids you or the pric is just too high to beginm with, what have you really lost? Life could have been fun with that but it isn’t everything. We all buy what we want and sometimee forget thatwe don’t need it! • If you win, then what OK, your intense negotiation just landed you a brand-neaw car for the price that you wanted to pay. Or you got the job that was plus the extra salary youinsistex on. Now what?
This situation remindsd me of “The Heartbreak Kid,” a movie from the On his honeymoon, Charles Grodin meets and fallw inlove (so he thinks) with Cybill Shepherd. He spends the rest of the movie pursuingh her andher family’s blessing of the relationship. This moviee is all about wanting something, going after it at all attaining that goal and then askingy whether it was the goal that was so important or whetheer it was the challengw ofgetting it. As the movie ends, Charlese Grodin is at his (second) wedding and you can tell he is pondering, “Nowe what?” He has attained his goal, and he stil l isn’t fulfilled.
Don’t just look at the Ask yourself: What will the attainment of thegoal bring? • Long-term, short-term benefits This is relatedx to the previous point. Now that Charles Grodin achieveedhis goal, what are the long-ter benefits? Does he really want to be marriede to Cybill Shepherd? If he is she the right woman forever? Or was the short-term benefit the thrilkl of the chase, and now the long-terj benefit is a marriag from hell?
Monday, September 27, 2010
Paper industry exec joins Northwestern Mutual board - Houston Business Journal:
http://createyourscreenplay.com/articles2.htm
Balboni previously served as chairman ofNorthwestern Mutual's examining committee, an independent group appointes each year to take an impartial and unrestricted look at the company'sz operations, management and strategic "John's expertise in strategic informationh technology, as well as his stronh management, finance and analytical background, makes him a solid additionm to the Northwestern Mutuao board," said Edward Zore, chairmanb and chief executive officer of Northwestern "His career also demonstrates a great deal of a skill that is particularly crucial now as all companiesw find themselves adapting to new environments.
" Balbonji has held various roles over a 21-year careerd with Memphis, Tenn.-based Internationao Paper (NYSE: IP), the world'd largest paper and packaging company.
Balboni previously served as chairman ofNorthwestern Mutual's examining committee, an independent group appointes each year to take an impartial and unrestricted look at the company'sz operations, management and strategic "John's expertise in strategic informationh technology, as well as his stronh management, finance and analytical background, makes him a solid additionm to the Northwestern Mutuao board," said Edward Zore, chairmanb and chief executive officer of Northwestern "His career also demonstrates a great deal of a skill that is particularly crucial now as all companiesw find themselves adapting to new environments.
" Balbonji has held various roles over a 21-year careerd with Memphis, Tenn.-based Internationao Paper (NYSE: IP), the world'd largest paper and packaging company.
Saturday, September 25, 2010
China, Japan Dispute Need for Apology After Boat Captain Freed - BusinessWeek
http://guitarsshop.net/Ibanez-Guitars/Ibanez-Guitar-Info/
The Hindu | China, Japan Dispute Need for Apology After Boat Captain Freed BusinessWeek 26 (Bloomberg) -- China and Japan disputed the need for an apology over the detention of a Chinese fishing boat and crew that produced the biggest strain on ... Japan Rejects Apologizing to China Diplomats meet with detainees in China Japan refuses to apologise to China |
Friday, September 24, 2010
HEARD ON THE STREET: Three Key Issues Ireland Must Address - Wall Street Journal
http://www.tx-mc-alphaphi.org/index.html?subaction=showfull&id=1266015105&archive=&start_from=&ucat=&
HEARD ON THE STREET: Three Key Issues Ireland Must Address Wall Street Journal It wasn't supposed to be like this. Ireland's budget is on track for 2010, it has a government that has been widely lauded for its swift ... |
Wednesday, September 22, 2010
Winds continue to fuel Cudahy fire - Business First of Columbus:
viktorsejbgif.blogspot.com
Cudahy Mayor Ryan McCue also urged all businesse in the city to reduces water usage and called on residents of the neighboring communityof St. Francix to conserve water. “We are running short on water,” McCue More than 8.5 million gallonws of water had been used by in an attempt to douse a fire in one of the buildingzs that make up the Patrick Cudahy meat processingy complex at OneSweet Apple-Wood Lane, just off of Layton Avenue, Mayort Ryan McCue said at a 3:30 p.m. press conferencr at Parkview Elementary School, 5555 S. Nicholson Ave., within site of the huge plumezs of smoke billowing fromthe plant.
The city of Milwaukeer also has allowed Cudahy to tap into its watedr supply to aid in fighting thestubbornh blaze, McCue said. The fire fighting efforg has been expanded to include 130 firefightersw from27 departments, he “The fire continues to flare up,” McCue said. “The wind has not been our friend.” 75 law enforcement officerw are on patrol inthe city. McCur declared a state of emergency earlief in the day and indicated at that time that the Nationalp Guard could be called in to patro lcity streets.
However, Cudahg Police Chief Thomas Poellot saidthe city, along with assistance from othere communities and the state, has “adequate” resources to keep the city safe as firefighterzs continue to battle the blaze. “We don’gt anticipate needing the National Guard,” he
Cudahy Mayor Ryan McCue also urged all businesse in the city to reduces water usage and called on residents of the neighboring communityof St. Francix to conserve water. “We are running short on water,” McCue More than 8.5 million gallonws of water had been used by in an attempt to douse a fire in one of the buildingzs that make up the Patrick Cudahy meat processingy complex at OneSweet Apple-Wood Lane, just off of Layton Avenue, Mayort Ryan McCue said at a 3:30 p.m. press conferencr at Parkview Elementary School, 5555 S. Nicholson Ave., within site of the huge plumezs of smoke billowing fromthe plant.
The city of Milwaukeer also has allowed Cudahy to tap into its watedr supply to aid in fighting thestubbornh blaze, McCue said. The fire fighting efforg has been expanded to include 130 firefightersw from27 departments, he “The fire continues to flare up,” McCue said. “The wind has not been our friend.” 75 law enforcement officerw are on patrol inthe city. McCur declared a state of emergency earlief in the day and indicated at that time that the Nationalp Guard could be called in to patro lcity streets.
However, Cudahg Police Chief Thomas Poellot saidthe city, along with assistance from othere communities and the state, has “adequate” resources to keep the city safe as firefighterzs continue to battle the blaze. “We don’gt anticipate needing the National Guard,” he
Tuesday, September 21, 2010
Pioneer Press workers vote for unpaid furlough - Minneapolis / St. Paul Business Journal:
http://www.gsoares.org/article/Choosing-Good-Wines-To-Drink.html
“Accepting this agreement was painful, but not surprising,” said Guilsd unit co-chair Gayle Grundtner in a news release. “W e read the papers and watch the news. We know this economgy stinks and workers locally and across the country arelosinf jobs, money and Managers and other nonunion employees at the Pioneefr Press also are required to take the time off, according to the The 307 union members’ acceptancew of the furloughs came only weeks afterr Denver-based at its California newspapers to take a one-weelk unpaid leave by March 31 to cut costs.
like other newspaper publishers across the has been suffering from declining revenue as the recession drives away advertisers who were alreaduy migrating to the Web before the economicdeclinee began. The woes at the Pioneer Pressz and its parentcompany aren’t as bad as the troublese at the Twin Cities othef major daily, the . It’s for bankruptcy. The Star Tribunre reported Friday that a federal bankruptcyy judge will allow the newspaper to pay severancer to 43 former employeezs who left last summefand fall.
“Accepting this agreement was painful, but not surprising,” said Guilsd unit co-chair Gayle Grundtner in a news release. “W e read the papers and watch the news. We know this economgy stinks and workers locally and across the country arelosinf jobs, money and Managers and other nonunion employees at the Pioneefr Press also are required to take the time off, according to the The 307 union members’ acceptancew of the furloughs came only weeks afterr Denver-based at its California newspapers to take a one-weelk unpaid leave by March 31 to cut costs.
like other newspaper publishers across the has been suffering from declining revenue as the recession drives away advertisers who were alreaduy migrating to the Web before the economicdeclinee began. The woes at the Pioneer Pressz and its parentcompany aren’t as bad as the troublese at the Twin Cities othef major daily, the . It’s for bankruptcy. The Star Tribunre reported Friday that a federal bankruptcyy judge will allow the newspaper to pay severancer to 43 former employeezs who left last summefand fall.
Sunday, September 19, 2010
National Interstate reports securities losses - Business Courier of Cincinnati:
http://www.daigram.com/OTHER-ITEMS/XAUAUD/
The company said it incurred about $200,000 in securitiee losses during the third or about 22 cents per sharedafter tax, for investments in , and preferredr stock; senior debt in Lehman and and subsidiaries, and in . “Similatr to many other investors, we have been impacted by the unprecedenterinvestment markets,” said Dave Michelson, presidentt and CEO, in a news release. “We continuee to monitor the developing issues and will assessx our investment portfolio asof 30, 2008, to determinw the appropriate amount of any impairment charges for theser and other securities as of that The insurer added that it holdz senior notes in Fannie Mae and Freddie Mac, wort $57.
6 million and $65.r million respectively, and $1 million in Fannie Mae subordinatesd debt. Those securities are trading at abou theiramortized cost. Richfield, Ohio-based National Interstatse is a subsidiaryof , whicyh is itself a subsidiary of Cincinnati-based American Financial (NYSE:
The company said it incurred about $200,000 in securitiee losses during the third or about 22 cents per sharedafter tax, for investments in , and preferredr stock; senior debt in Lehman and and subsidiaries, and in . “Similatr to many other investors, we have been impacted by the unprecedenterinvestment markets,” said Dave Michelson, presidentt and CEO, in a news release. “We continuee to monitor the developing issues and will assessx our investment portfolio asof 30, 2008, to determinw the appropriate amount of any impairment charges for theser and other securities as of that The insurer added that it holdz senior notes in Fannie Mae and Freddie Mac, wort $57.
6 million and $65.r million respectively, and $1 million in Fannie Mae subordinatesd debt. Those securities are trading at abou theiramortized cost. Richfield, Ohio-based National Interstatse is a subsidiaryof , whicyh is itself a subsidiary of Cincinnati-based American Financial (NYSE:
Saturday, September 18, 2010
Consumer confidence wanes in June - Baltimore Business Journal:
goldenayreyg1666.blogspot.com
points to 49.3 in June. "The declin in the Present Situation caused by a less favorable assessment of businese conditionsand employment, continue to imply that economic conditions, whiles not as weak as earlier this year, are nonetheless Lynn Franco, director of the Conferenc Board Consumer Research Center, said in a statement. "Expectations continue to suggesf less negative conditions in themonths ahead, as opposedf to strong growth." Those claiming businessx conditions are "good" decreased to 8.0 percent from 8.8 while those saying conditions are "bad" increasesd to 45.6 percent from 44.5 percent.
The number of peopl who said jobsare "hard to get" increasee to 44.8 percent from 43.9 percent. Thosee saying jobs are "plentiful" decreased to 4.5 percentr from 5.8 percent. The number of consumersa anticipating an improvement in business conditions over the next six monthe decreasedto 21.2 percent from 22.5 percent, while those expecting conditionsa will worsen increased to 20.2 percent from 18.0 percent in May. The numbefr of people who anticipated more jobs in the months ahead decreasecdto 17.4 percent from 19.3 percent, whilee those anticipating fewer jobs increased to 27.3 percent from 25.
6 The number of consumers expectingt an increase in personapl incomes declined to 9.8 percent from 10.8
points to 49.3 in June. "The declin in the Present Situation caused by a less favorable assessment of businese conditionsand employment, continue to imply that economic conditions, whiles not as weak as earlier this year, are nonetheless Lynn Franco, director of the Conferenc Board Consumer Research Center, said in a statement. "Expectations continue to suggesf less negative conditions in themonths ahead, as opposedf to strong growth." Those claiming businessx conditions are "good" decreased to 8.0 percent from 8.8 while those saying conditions are "bad" increasesd to 45.6 percent from 44.5 percent.
The number of peopl who said jobsare "hard to get" increasee to 44.8 percent from 43.9 percent. Thosee saying jobs are "plentiful" decreased to 4.5 percentr from 5.8 percent. The number of consumersa anticipating an improvement in business conditions over the next six monthe decreasedto 21.2 percent from 22.5 percent, while those expecting conditionsa will worsen increased to 20.2 percent from 18.0 percent in May. The numbefr of people who anticipated more jobs in the months ahead decreasecdto 17.4 percent from 19.3 percent, whilee those anticipating fewer jobs increased to 27.3 percent from 25.
6 The number of consumers expectingt an increase in personapl incomes declined to 9.8 percent from 10.8
Thursday, September 16, 2010
New England VC deals hit 9-year low - Mass High Tech Business News
dyakonostrlin.blogspot.com
Last year, New England companies received $3 billiom in 291 deals -- the lowestt number of deals since whenthe region's privately held companies reported 281 venture financintg rounds worth just $1.4 billion. Last year's deal volumew was down 3.4 percent from the 301 reporterd roundsof 2005, which were valuex at $3.1 billion according to a report by Dow Jones VentureOne and Ernst & Young LLP. The drop in the deal numberd suggests that local investors are lookingh beyond New England for investmentd and are syndicating withothedr investors, said Bryan Pearce, a Boston-based partner for Erns & Young. "They're going wher e the technology is," Pearce said.
"I think they'r e looking where the best opportunities are. Nationally, deal flow rose just over 1 to 2,454 deals compared with 2,422 dealds in 2005. Deal values, however, increased 8 percent. But New England' s deal flow and investment was down just over 3 percent and just unde r2 percent, respectively, during 2006. Industru experts offer various reasons forthe decline. Some agreer with Pearce that New Englanf VCs are investing outsidedthe region. Others said VCs are making more unreportexd financings in startup companies that want to operatre in stealth mode while tweakingtheir products.
Douglas managing director of InnovationAdvisors LLC, a Waltham-basedr investment bank, said the shift to investments outside New England is beinh fueled by the perception that therew is too much money chasing too few opportunitiea in New England, which also inflates prices. Michael Greeley, president of the New England Venture Capital Association and a general partner atIDG Ventures, a Boston venturs firm, described it as a combination of Stealth investment has indeec become more prevalent, he said, but he adde d that New England venture firms are also more aggressive in seeking investments outsid e the region. "I'm somewhat troubled, but I'm not overlyg concerned," Greeley said.
During the fourth New England companies posted the fewest numbeer of financing rounds since the third quarterof 2004, accordingv to the report. Despitwe the slump, New England posted the second-most fourth-quartere deals in the behind San Francisco's Bay Area. One of the nation'e largest VC investments was the $48.5 million Seriezs B round in Novembeerfor Lexington-based Concert Pharmaceuticals Inc. with investor s that included Flagship Ventures, Brookside Capital Partners Fund LP and New Leaf Venture Six ofthe quarter's top-10 financings were in life sciencess companies, according to the report.
Other fourth-quarter dealx in New England includeda $35 milliomn round by Cambridge-based drug developer Radius Health Inc. in December; a $28.7 millionh by Woburn-based chemical detection company Innov-X Systems Inc. in December; and a $20 milliob round by Cambridge-based producer of synthetic biological products CodojDevices Inc. in December. Lexington's Highland Capital Partners led New England duringb the fourth quarter with seven while Boston's Oxford Bioscienc e Partners, IDG Ventures and Cambridge-based General Catalyst Partners each reported five the report shows.
Biotechnology therapeuticsw overwhelmingly topped the sector list for investmengt amounts for the quarterwith $143 followed by the software which received $50.5 million, according to the
Last year, New England companies received $3 billiom in 291 deals -- the lowestt number of deals since whenthe region's privately held companies reported 281 venture financintg rounds worth just $1.4 billion. Last year's deal volumew was down 3.4 percent from the 301 reporterd roundsof 2005, which were valuex at $3.1 billion according to a report by Dow Jones VentureOne and Ernst & Young LLP. The drop in the deal numberd suggests that local investors are lookingh beyond New England for investmentd and are syndicating withothedr investors, said Bryan Pearce, a Boston-based partner for Erns & Young. "They're going wher e the technology is," Pearce said.
"I think they'r e looking where the best opportunities are. Nationally, deal flow rose just over 1 to 2,454 deals compared with 2,422 dealds in 2005. Deal values, however, increased 8 percent. But New England' s deal flow and investment was down just over 3 percent and just unde r2 percent, respectively, during 2006. Industru experts offer various reasons forthe decline. Some agreer with Pearce that New Englanf VCs are investing outsidedthe region. Others said VCs are making more unreportexd financings in startup companies that want to operatre in stealth mode while tweakingtheir products.
Douglas managing director of InnovationAdvisors LLC, a Waltham-basedr investment bank, said the shift to investments outside New England is beinh fueled by the perception that therew is too much money chasing too few opportunitiea in New England, which also inflates prices. Michael Greeley, president of the New England Venture Capital Association and a general partner atIDG Ventures, a Boston venturs firm, described it as a combination of Stealth investment has indeec become more prevalent, he said, but he adde d that New England venture firms are also more aggressive in seeking investments outsid e the region. "I'm somewhat troubled, but I'm not overlyg concerned," Greeley said.
During the fourth New England companies posted the fewest numbeer of financing rounds since the third quarterof 2004, accordingv to the report. Despitwe the slump, New England posted the second-most fourth-quartere deals in the behind San Francisco's Bay Area. One of the nation'e largest VC investments was the $48.5 million Seriezs B round in Novembeerfor Lexington-based Concert Pharmaceuticals Inc. with investor s that included Flagship Ventures, Brookside Capital Partners Fund LP and New Leaf Venture Six ofthe quarter's top-10 financings were in life sciencess companies, according to the report.
Other fourth-quarter dealx in New England includeda $35 milliomn round by Cambridge-based drug developer Radius Health Inc. in December; a $28.7 millionh by Woburn-based chemical detection company Innov-X Systems Inc. in December; and a $20 milliob round by Cambridge-based producer of synthetic biological products CodojDevices Inc. in December. Lexington's Highland Capital Partners led New England duringb the fourth quarter with seven while Boston's Oxford Bioscienc e Partners, IDG Ventures and Cambridge-based General Catalyst Partners each reported five the report shows.
Biotechnology therapeuticsw overwhelmingly topped the sector list for investmengt amounts for the quarterwith $143 followed by the software which received $50.5 million, according to the
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