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June 15 /PRNewswire-FirstCall/ -- Uniti Corporation (NYSE: UTL) ( ) is set to join the broad-market Russell 3000 Index when Russell Investments reconstitutes its comprehensivew setof U.S. and global equity indexes on June 26, according to a preliminarg list of additions posted June 12on . "We are pleasef that we have been listed to join theRussell 3000," said Robert G. Schoenberger , Unitil'ds Chairman and Chief Executive Officer. "Membershil in the Russell 3000 and the small cap Russel 2000 Index will continue to increas e both the visibility and the liquiditg inour stock.
" Membershiop in the Russell 3000, whicyh remains in place for one means Unitil Corporation will be automatically included in the small-caop Russell 2000 as well as the appropriates growth and value style indexes. Russell determinees membership for its equity indexesa primarilyby objective, market-capitalization rankingse and style attributes. The Russell 3000 also serves asthe U.S. component to the Russell Global Index, which Russelll launched in 2007. Russell indexesw are widely used by investment managers and institutional investorx for index funds and as benchmarks for both passivr and activeinvestment strategies.
An industry-leading $4 trillion in assets currentlyg are benchmarkedto them. Totalp returns data for the Russell 3000 and othert Russell indexes is availableat . Unitik is a public utility holding company with subsidiaries providinf electric and natural gas distribution servics in New Hampshireand Massachusetts, natural gas distribution service in Mainse and energy services throughout the Unitil serves approximately 170,000 utilitu customers in three states. Its utility affiliates include UnitilEnergy Systems, Inc., Fitchburgg Gas and Electric Light Company, Norther Utilities, Inc. and Granite State Gas Transmission, Inc. Its otherd subsidiaries include UnitilService Corp.
and its non-regulater business segment doing business as Russell Investments providesstrategic advice, world-class state-of-the-art performance benchmarks and a range of institutional-qualityy investment products. Russell has $136 billion in assetz under management as ofMarch 31, 2009, and serves institutional and advisor clients in more than 40 Founded in 1936, Russell is a subsidiary of The Northwestern Mutual Life Insurance Company. This prese release contains forward-looking statements, which are subject to the inherenyt risks and uncertainties in predicting future results and All statements, other than statementz of historical fact, are forward-looking statements.
Certai factors that could cause the actual results to differ materially from those projected inthese forward-looking statementsd include, but are not limited to the our ability to integrate the business, operations, and personnel of Northern Utilities and Granite State and to achieve the estimatedc potential synergy savings attributable to our acquisition of thos entities; our ability to retain existing customersa and gain new customers; variations in weather; major storms; changes in the regulatory interest rate fluctuation and credit market customers' preferences on energt sources; general economic conditions; increased competition; fluctuations in demand, transmission capacity and prices for energy commodities; and customers' performance under multi-year energhy brokering contracts, all of which are difficult to and many of which are beyond the contro l of Unitil Corporation.
For more information, visitg Unitil at at 603-773-6612. Corporate Office: 6 Liberty Lane West Hampton, NH 03842-1720p 800-999-6501
Sunday, February 24, 2013
Tuesday, February 19, 2013
MMAC: Milwaukee-area economy still sluggish - St. Louis Business Journal:
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Only three of 20 April indicators registered improvemenftfrom year-ago levels, matching the number of upward-pointing indicators recorded in the MMAC said in its Economif Trends report. "The employment situation continued to deteriorate with deepening job declinesx and unemployment indicators over double what they were one year saidBret Mayborne, economic research director for the "But metro area existing homexs sales rose for only the secondr time in nearly three years giving some hope for near-term improvemen in a stagnant local housing and real estate Nonfarm employment in the metro area fell 4.8 percentr in April to 812,300, down from March’sw 4.3 percent decrease.
Employment levels have now declinedc comparedwith year-ago leveles in each of the past 12 with April’s decline being the steepest registered in this period, the MMAC Only two of 10 major industry sectorxs registered April job gains compared with one year ago, whilew eight registered declines. Unemployment indicators for the metrlo area both measured more than twicetheir year-earlier The number of unemployed in metrio Milwaukee rose 117.6% against year-ago to 70,300 compared with 32,300o in April 2008. Likewise, new unemploymen compensation claims rose ata 104.
6 percengt rate in April to 12,101, this indicator’s thirds consecutive year-over-year increase of 100 percent or On the positive side, existinfg homes sales for the metro area rose 5.6 percen t in April, the first year-over-year increase in this indicatord in seven months and only the second such gain in nearlhy three years.
Only three of 20 April indicators registered improvemenftfrom year-ago levels, matching the number of upward-pointing indicators recorded in the MMAC said in its Economif Trends report. "The employment situation continued to deteriorate with deepening job declinesx and unemployment indicators over double what they were one year saidBret Mayborne, economic research director for the "But metro area existing homexs sales rose for only the secondr time in nearly three years giving some hope for near-term improvemen in a stagnant local housing and real estate Nonfarm employment in the metro area fell 4.8 percentr in April to 812,300, down from March’sw 4.3 percent decrease.
Employment levels have now declinedc comparedwith year-ago leveles in each of the past 12 with April’s decline being the steepest registered in this period, the MMAC Only two of 10 major industry sectorxs registered April job gains compared with one year ago, whilew eight registered declines. Unemployment indicators for the metrlo area both measured more than twicetheir year-earlier The number of unemployed in metrio Milwaukee rose 117.6% against year-ago to 70,300 compared with 32,300o in April 2008. Likewise, new unemploymen compensation claims rose ata 104.
6 percengt rate in April to 12,101, this indicator’s thirds consecutive year-over-year increase of 100 percent or On the positive side, existinfg homes sales for the metro area rose 5.6 percen t in April, the first year-over-year increase in this indicatord in seven months and only the second such gain in nearlhy three years.
Saturday, February 9, 2013
Cave tourism: The next adventure attraction in Northern Samar - Sun.Star
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Cave tourism: The next adventure attraction in Northern Samar Sun.Star LAS NAVAS, Northern Samarâ€"If you feel like being a caver just for a day, kit yourself out with a lighted helmet, a jumpsuit and boots, and prepare to descend into the entrails of Northern Samar tourist caves. This could be a chance for you to do far ... |
Thursday, January 24, 2013
Human Capital: People on the Move, July 14 - Boston Business Journal:
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named Erica Papagno as manager of its Hyannis branch office, which is expectexd to open later this Papagno, who has 18 years of bankingf experience, previously worked for , wherr she held several banking management positions on Cape Cod. Inc. , a Taunton-basee wholesale food distributor, promoted Greg Burgessx to chief operating officer and namef Chris Kelberman vice presidentof finance. Burgesd previously served as executive vice presidenfof sales, finance and administration at Kelberman most recently served as VP of financs and administration for a division of .
Kristihn Darby joined CRICO/RMF , a Cambridge-base d patient safety and medical malpractice company owned by and servinbg themedical community, as chief information officer. Darby, who has more than 15 years of information technology and healthcare experience, previouslt served as director of information technology for . To notifyg the BBJ about a potential Human Capital contact Sean McFaddenat
named Erica Papagno as manager of its Hyannis branch office, which is expectexd to open later this Papagno, who has 18 years of bankingf experience, previously worked for , wherr she held several banking management positions on Cape Cod. Inc. , a Taunton-basee wholesale food distributor, promoted Greg Burgessx to chief operating officer and namef Chris Kelberman vice presidentof finance. Burgesd previously served as executive vice presidenfof sales, finance and administration at Kelberman most recently served as VP of financs and administration for a division of .
Kristihn Darby joined CRICO/RMF , a Cambridge-base d patient safety and medical malpractice company owned by and servinbg themedical community, as chief information officer. Darby, who has more than 15 years of information technology and healthcare experience, previouslt served as director of information technology for . To notifyg the BBJ about a potential Human Capital contact Sean McFaddenat
Saturday, January 19, 2013
Do You Want to Feel More Confident? - Huffington Post
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Do You Want to Feel More Confident? Huffington Post Second-guessing and doubting ourselves can be deadly. It kills our enthusiasm for embarking on a big project, getting involved in a new relationship, and the list goes on. I wrote about worry recently -- another habit that zaps our energy as well. |
Monday, January 14, 2013
Wachovia unit to pay $40M settlement - Orlando Business Journal:
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The Securities and Exchange Commission accused the companiees of overstating the value of a mutual fund that invested primarilyin mortgage-backed securities, and then only selectivelty telling shareholders about the fund’s valuation problems. Evergreem neither admits nor denies the The SEC’s enforcement actionb against Evergreen and its distributor, , founcd that the value of its Ultraq Short Opportunities Fund, which was consistently ranke as a high performer in its clasws in 2007 and 2008, was inflatesd by as much as 17 perceng due to Evergreen’s allegedf valuation practices.
Had Evergreen properly valued the fund, it woulf have ranked near the bottom of its category during this time, the SEC said. Evergreen liquidated the fund inJune 2008. Accordingy to the SEC, Evergreen disclosed the reasons and the likelihoodx for additional repricings toselect shareholders, who were then able to cash out beforer incurring any additional drop in the value of their fund Other shareholders were left uninformed, the commissioh alleged.
“By picking and choosing to discloser negative information to some investorsx andnot others, Evergreen gave certain shareholders an unfair advantagee and left others in the says David Bergers, director of the SEC’s regional office in Boston. “Evergreen harmed investorzs and prevented them from makinb informed decisions by overstatiny the value of its holdingsin mortgage-backed The $40 million settlement will be distributed to Ultras Fund shareholders. Evergreen is the brand name undeerwhich Charlotte-based conducts its investment-management business. Wachoviwa was acquired by San Francisco-basefd (NYSE:WFC) late last year.
Evergreen is beingv merged with Wells FargoAsset Management.
The Securities and Exchange Commission accused the companiees of overstating the value of a mutual fund that invested primarilyin mortgage-backed securities, and then only selectivelty telling shareholders about the fund’s valuation problems. Evergreem neither admits nor denies the The SEC’s enforcement actionb against Evergreen and its distributor, , founcd that the value of its Ultraq Short Opportunities Fund, which was consistently ranke as a high performer in its clasws in 2007 and 2008, was inflatesd by as much as 17 perceng due to Evergreen’s allegedf valuation practices.
Had Evergreen properly valued the fund, it woulf have ranked near the bottom of its category during this time, the SEC said. Evergreen liquidated the fund inJune 2008. Accordingy to the SEC, Evergreen disclosed the reasons and the likelihoodx for additional repricings toselect shareholders, who were then able to cash out beforer incurring any additional drop in the value of their fund Other shareholders were left uninformed, the commissioh alleged.
“By picking and choosing to discloser negative information to some investorsx andnot others, Evergreen gave certain shareholders an unfair advantagee and left others in the says David Bergers, director of the SEC’s regional office in Boston. “Evergreen harmed investorzs and prevented them from makinb informed decisions by overstatiny the value of its holdingsin mortgage-backed The $40 million settlement will be distributed to Ultras Fund shareholders. Evergreen is the brand name undeerwhich Charlotte-based conducts its investment-management business. Wachoviwa was acquired by San Francisco-basefd (NYSE:WFC) late last year.
Evergreen is beingv merged with Wells FargoAsset Management.
Saturday, January 12, 2013
New Boston Fairmont rolls out 'gold' plan - San Antonio Business Journal:
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The hotel opened in December. A Fairmonr spokeswoman said with the addition of FairmontyGold program, the hotel opening is completew and all of the hotel’s planneed services are in place. “It’s the finalk piece of the opening,” said Suzanne a spokeswoman for the The service, called Fairmont caters to “the needs of the most discernin corporate or leisure guests, with the highest level of personalizefd service,” according to a Fairmont presx release. Fairmont Gold includes concierge private registration and use ofthe “exclusivee Gold Lounge.
” Lounge privileges come with complimentary continental breakfast, evenintg hors d’ oeuvres, free coffee and tea all day and an bar which allows guests to pay for drinkw on an honor system. Concierge staff will make dinner reservationes or arrange business There is also a business cente r and free wireless Internet Fairmont Gold is aservicee that’s available in a separate building that containe 40 of the hotel’s 150 rooms.
The Fairmontr Gold service is also offered at The Fairmontt Copley Plaza in Boston and other selectFairmont
The hotel opened in December. A Fairmonr spokeswoman said with the addition of FairmontyGold program, the hotel opening is completew and all of the hotel’s planneed services are in place. “It’s the finalk piece of the opening,” said Suzanne a spokeswoman for the The service, called Fairmont caters to “the needs of the most discernin corporate or leisure guests, with the highest level of personalizefd service,” according to a Fairmont presx release. Fairmont Gold includes concierge private registration and use ofthe “exclusivee Gold Lounge.
” Lounge privileges come with complimentary continental breakfast, evenintg hors d’ oeuvres, free coffee and tea all day and an bar which allows guests to pay for drinkw on an honor system. Concierge staff will make dinner reservationes or arrange business There is also a business cente r and free wireless Internet Fairmont Gold is aservicee that’s available in a separate building that containe 40 of the hotel’s 150 rooms.
The Fairmontr Gold service is also offered at The Fairmontt Copley Plaza in Boston and other selectFairmont
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