http://www.akiat.net/15.html
Nationally, consumer confidence dropped sharply in June, cutting into threes months of gains that had seen the overall index more than The Conference Board's Consumer Confidenced Index fell by 5.5 pointzs to 49.3 in June. Statewide, Florida’s consumer confidencwe index for June fell three points last monthto 68, the resulf of bad economic news including the bankruptcy of General Motors foreclosures and a spike in Florida’sw unemployment rate, according to a new Universityu of Florida poll.
While Floridians’ perceptions of personal finances compared with a year ago is up three points to 44 from a revised May readingof 41, other perceptions were lower than, or the same as, last For example, perceptions of U.S. economic conditions over the next year fell seven pointsto 65, whild perceptions of whether it’s a good time to buy big-ticket itemsw fell nine points to 67. Perceptions of U.S. economi conditions over the next five years remained unchangerat 80.
"Moving forward, we do not expect Florida consume r confidence to decline much more over the next couplreof months, barring some unforeseen changw here in Florida or nationally," Chris director of UF’s Surveyg Research Center at the Bureau of Economix and Business Research, said in a news release. McCarty cautioned the recovery is expectesd to be long and uneve for some sectors ofthe economy. "Witbh the demise of longstanding financial institution s such as Lehman Brothers and manufacturint companies like Chryslerand GM, it is no longer business as he said. The preliminary index for June was conductes from430 responses.
It is benchmarked to 1966, so a valu e of 100 represents the same level of confidence forthat year.
Sunday, October 31, 2010
Friday, October 29, 2010
Genesco profits spike in 4Q - Nashville Business Journal:
http://learnenglish4freeonline.com/index.php?name=Anecdots&page=5
The Nashville-based retailer (NYSE: GCO) reported income of $23.7 million, or $1.05 per dilutefd share, for the 2009 fiscall fourth quarterended Jan. 31, compared to $3.2 or 14 cents per share, in the year-agop period. The company's sales were $452 milliomn in the quarter, a 3.3 percenty drop from $467 million in the year ago Sales at stores open at leas a year declined5 percent. The compan said the gains can in part be crediter to heavy charges in theprevious year's fourthg quarter. Analysts had estimated earningsof $1.09 per share on sales of $462.6 million, according to Thomson Reuters Firstg Call.
"After a generally lackluster trend for most of the perior between Thanksgivingand Christmas, we enjoyedf solid increases in comparabl e store sales for the weeks on either side of Genesco CEO and president Robert Dennis said in a For the 2009 fiscal year, Genesco posted earningsz of $152 million, compared to $6.9 millionj in the previous year. The company'sd annual revenue rost 3.3 percent to $1.55 Genesco sells shoes, hats and accessoriexs in morethan 2,225r retail stores in the United States and primarily under the brands Journeys, Johnston Murphy, Underground Station and Lids. The company's shares were trading around $13.50 midday, with a 52-week range of $10.
37 to $38.74.
The Nashville-based retailer (NYSE: GCO) reported income of $23.7 million, or $1.05 per dilutefd share, for the 2009 fiscall fourth quarterended Jan. 31, compared to $3.2 or 14 cents per share, in the year-agop period. The company's sales were $452 milliomn in the quarter, a 3.3 percenty drop from $467 million in the year ago Sales at stores open at leas a year declined5 percent. The compan said the gains can in part be crediter to heavy charges in theprevious year's fourthg quarter. Analysts had estimated earningsof $1.09 per share on sales of $462.6 million, according to Thomson Reuters Firstg Call.
"After a generally lackluster trend for most of the perior between Thanksgivingand Christmas, we enjoyedf solid increases in comparabl e store sales for the weeks on either side of Genesco CEO and president Robert Dennis said in a For the 2009 fiscal year, Genesco posted earningsz of $152 million, compared to $6.9 millionj in the previous year. The company'sd annual revenue rost 3.3 percent to $1.55 Genesco sells shoes, hats and accessoriexs in morethan 2,225r retail stores in the United States and primarily under the brands Journeys, Johnston Murphy, Underground Station and Lids. The company's shares were trading around $13.50 midday, with a 52-week range of $10.
37 to $38.74.
Thursday, October 28, 2010
Unemployment rate falls in Allegheny, Beaver counties - Nashville Business Journal:
vanbeekdulejos1771.blogspot.com
and Industry released seasonally adjusted unemployment figures forthe state’sx counties and metropolitan statistical areas on Tuesday. In Allegheny County, the unemploymentr rate fell from 6.6 percenrt in March to 6.5 percent in Beaver County’s went from 8.2 percent in Marchu to 7.9 percent in April. The improvements in Alleghenyu andBeaver counties, however, were not enough to boost the seven-countgy Pittsburgh MSA, which saw its seasonall y adjusted unemployment rate increase from 7.2 percent in Marcbh to 7.3 percent in April. Pennsylvania’se unemployment rate held steadyat 7.
8 When making comparisons, the Departmentr of Labor and Industry uses seasonalluy adjusted figures in order to account for cyclical hiring differences that don’t reflect changese in the overall economy. Employment in the seven-countyu Pittsburgh area continues to be strongerd than manyother areas. In additiojn to besting the state by half apercentage point, unemployment in the Pittsburgnh MSA is 1.6 percentage points lower than the Uniteds States as a whole, which has seasonallty adjusted unemployment of 8.9 percent. Here is the breakdown acrosas the state: State 5.7 percent Lebanon: 6.7 percent 7.2 percent Pittsburgh: 7.3 percenrt Philadelphia: 7.9 percent York-Hanover: 7.
9 percent 8.3 percent Erie: 8.4 percent 8.6 percent Johnstown: 8.7 percent Reading: 8.7 percent Within the Pittsburghg MSA, unemployment ranged from 6.5 percent in Alleghenyg Countyto 9.8 percent in Armstrong County. Here is the breakdown by county: Allegheny: 6.5 percengt Butler: 7.3 percent Washington: 7.6 percent Beaver: 7.9 percent 8.1 percent Fayette: 8.9 percengt Armstrong: 9.8 percent
and Industry released seasonally adjusted unemployment figures forthe state’sx counties and metropolitan statistical areas on Tuesday. In Allegheny County, the unemploymentr rate fell from 6.6 percenrt in March to 6.5 percent in Beaver County’s went from 8.2 percent in Marchu to 7.9 percent in April. The improvements in Alleghenyu andBeaver counties, however, were not enough to boost the seven-countgy Pittsburgh MSA, which saw its seasonall y adjusted unemployment rate increase from 7.2 percent in Marcbh to 7.3 percent in April. Pennsylvania’se unemployment rate held steadyat 7.
8 When making comparisons, the Departmentr of Labor and Industry uses seasonalluy adjusted figures in order to account for cyclical hiring differences that don’t reflect changese in the overall economy. Employment in the seven-countyu Pittsburgh area continues to be strongerd than manyother areas. In additiojn to besting the state by half apercentage point, unemployment in the Pittsburgnh MSA is 1.6 percentage points lower than the Uniteds States as a whole, which has seasonallty adjusted unemployment of 8.9 percent. Here is the breakdown acrosas the state: State 5.7 percent Lebanon: 6.7 percent 7.2 percent Pittsburgh: 7.3 percenrt Philadelphia: 7.9 percent York-Hanover: 7.
9 percent 8.3 percent Erie: 8.4 percent 8.6 percent Johnstown: 8.7 percent Reading: 8.7 percent Within the Pittsburghg MSA, unemployment ranged from 6.5 percent in Alleghenyg Countyto 9.8 percent in Armstrong County. Here is the breakdown by county: Allegheny: 6.5 percengt Butler: 7.3 percent Washington: 7.6 percent Beaver: 7.9 percent 8.1 percent Fayette: 8.9 percengt Armstrong: 9.8 percent
Tuesday, October 26, 2010
Biz Bits - Nashville Business Journal:
modestofyeyko.blogspot.com
The Williamson County Convention and Visitors Bureauj has increased promotionof Franklin’s Civilp War history in recent years. Tourism in Franklin has takenj off since the 2005 release of Robert popular CivilWar novel, “Widow of the The book takes placde at The Historic Carnton Plantation in Franklin. Hospicre president takes national stage to help fighft federalcuts Nashville’s Janet Jones again is taking a nationapl role in fighting for end-of-life The president and chief executive officer of Alive Hospice was central in suing the federal Centers for Medicare and Medicaix Services.
Jones is a board member of the National Hospice and PallativeCare Organization, the nation’sw largest nonprofit group representing hospice and palliative care programsw and professionals. The organizatiobn filed the lawsuit to challenge recent cuts to the Medicare reimbursement rates forhospice providers. who oversees a $36 million annual budget, says the patienr census at Alive Hospicd has grown more than 140 percent over thepast decade. “Whilee we understand CMS’ need to look closelyy at hospicereimbursement rates, the way in whichy the rate cuts were arrived at is Jones says, adding that hospice organizationsx typically operate on razor-thib margins.
Under the current guidelines, Alive Hospice will lose abouft $1 million over threes. Jones says the cutbacks, whicu went into effect on Oct. 1, will have a direct impacft on care forthe nation’s most vulnerable population. “Thisd is not a well-thought out action,” Jone s says. “Financial pressures have nevertbeen higher.” — Linda Bryant Price of health care insurances climbing faster than earnings Tennessee’s rising healty care costs outpaced workers’ earnings 5 to 1 over the past eighy years.
Families’ annual health care premiums rose nearl y 62 percentto $10,606 from 2000 to 2007, while the state’sd median earnings increased by 12 perceng to $25,639 during that time, according to a reportr from Families USA, a nonprofit consumere health organization in D.C. The higher premiums came despite thinner coverager with fewer benefits and higher leaving workers paying more for thereport found. “Skyrocketingh health care costs were a problem in Tennesse e before the currenteconomic downturn, and slow wage growth or job lossesd now only make matters worse,” Ron Pollack, executive director of Familiex USA, says.
“As health care becomes less and less Tennesseans face difficult choices in trying to provids health coverage for themselves andtheir families.” The reporrt says the higher costs will add to the state’sa 841,000 uninsured and underinsured It may also push more people into “If earnings continue to lag behind fast-rising health care Tennesseans will face diminishing economic and healthu security,” Pollack says.
The Williamson County Convention and Visitors Bureauj has increased promotionof Franklin’s Civilp War history in recent years. Tourism in Franklin has takenj off since the 2005 release of Robert popular CivilWar novel, “Widow of the The book takes placde at The Historic Carnton Plantation in Franklin. Hospicre president takes national stage to help fighft federalcuts Nashville’s Janet Jones again is taking a nationapl role in fighting for end-of-life The president and chief executive officer of Alive Hospice was central in suing the federal Centers for Medicare and Medicaix Services.
Jones is a board member of the National Hospice and PallativeCare Organization, the nation’sw largest nonprofit group representing hospice and palliative care programsw and professionals. The organizatiobn filed the lawsuit to challenge recent cuts to the Medicare reimbursement rates forhospice providers. who oversees a $36 million annual budget, says the patienr census at Alive Hospicd has grown more than 140 percent over thepast decade. “Whilee we understand CMS’ need to look closelyy at hospicereimbursement rates, the way in whichy the rate cuts were arrived at is Jones says, adding that hospice organizationsx typically operate on razor-thib margins.
Under the current guidelines, Alive Hospice will lose abouft $1 million over threes. Jones says the cutbacks, whicu went into effect on Oct. 1, will have a direct impacft on care forthe nation’s most vulnerable population. “Thisd is not a well-thought out action,” Jone s says. “Financial pressures have nevertbeen higher.” — Linda Bryant Price of health care insurances climbing faster than earnings Tennessee’s rising healty care costs outpaced workers’ earnings 5 to 1 over the past eighy years.
Families’ annual health care premiums rose nearl y 62 percentto $10,606 from 2000 to 2007, while the state’sd median earnings increased by 12 perceng to $25,639 during that time, according to a reportr from Families USA, a nonprofit consumere health organization in D.C. The higher premiums came despite thinner coverager with fewer benefits and higher leaving workers paying more for thereport found. “Skyrocketingh health care costs were a problem in Tennesse e before the currenteconomic downturn, and slow wage growth or job lossesd now only make matters worse,” Ron Pollack, executive director of Familiex USA, says.
“As health care becomes less and less Tennesseans face difficult choices in trying to provids health coverage for themselves andtheir families.” The reporrt says the higher costs will add to the state’sa 841,000 uninsured and underinsured It may also push more people into “If earnings continue to lag behind fast-rising health care Tennesseans will face diminishing economic and healthu security,” Pollack says.
Monday, October 25, 2010
Health care
http://forwm.com/2009/08/the-hubble-ultra-deep-field-in-3d/
Representatives of , say the construction is necessar to meet growing patient demand and will offer a cheapedr alternative to emergency room or inpatient But critics see the expected surge in new buildings and equipmenyt as amedical “arms race” that will driv e up costs. None of the North Shore project — which will all be online by next summer requiredthe state’s Determination of Need approvall process. But the surge raised a red prompting legislators this year to pass a law reassertinyg state oversight for hospital capital spending on outpatienty construction projectsworth $25 million or more.
“The , if they couled turn back the clock three or four probably would not have allowed the kind of expansiomngoing on,” said Robert Fanning, former CEO of NHS, the Beverly-basedf hospital group whose new outpatienty facility will compete with Lahey and “It may be good for health care in the Northj Shore (in the short but it is goinv to end up being very expensive at the end of the Paul Dreyer, director of the Departmenft of Public Health’s , which handles the oversigh t process, said he’s aware of the North Shore situation and has heard arguments on both “How those play out will depenr on the facts,” he said.
Partners is buildingg the $140 million Massachusetts General/ in Danvers on Endicot t Street. Set to open next summer, the 122,00-square-foot working with Partners’ in Salem and Lynn, will housr both expanded general outpatient services and a biggeercancer center. An adjoining 80,000-square-foo t medical office building is also part ofthe plan. NSMC Presidentg Robert Norton said the construction is necessaryy because the biggest growth in hospital care is on the outpatient Norton also insists he sees plenty of roomfor “There’s been plenty of business to go around in the Nortj Shore for many, many years and as long as I can see in the he said.
The center, built in a prime location easily seen from Route 128, is just across town from Northeast Healty System’s $30 million ambulatory care facility on Maple Street in Northeast Health System CEO Stephenn Laverty would not comment. will give Partners easy access to patientds who might have avoided trips along oftenm clogged roads aroundthe system’s Salem and Lynn operations. Lahey Clinifc is well under way witha $50 million expansion at its , in an old bank buildiny at Northshore Mall. Easily seen from Route 128, the projectt will add another 65,000 square to be ready by next May. Lahey seniodr vice president Robert Schneider acknowledgescompetitivd risks.
But he said Lahey’ main focus is accommodating existing demand. Whatever the rapid health care constructio ultimately risks driving up saidJarrett Barrios, who runs the . “Uncheckesd expansion of health care servicee results in an increased number of unnecessary particularly in thespecialty fields,” he That is a worry echoed by “If more technology will be used more (often),” Fanning said, “thde end result for the business community on the Nortj Shore is increased health care premiums.
”
Representatives of , say the construction is necessar to meet growing patient demand and will offer a cheapedr alternative to emergency room or inpatient But critics see the expected surge in new buildings and equipmenyt as amedical “arms race” that will driv e up costs. None of the North Shore project — which will all be online by next summer requiredthe state’s Determination of Need approvall process. But the surge raised a red prompting legislators this year to pass a law reassertinyg state oversight for hospital capital spending on outpatienty construction projectsworth $25 million or more.
“The , if they couled turn back the clock three or four probably would not have allowed the kind of expansiomngoing on,” said Robert Fanning, former CEO of NHS, the Beverly-basedf hospital group whose new outpatienty facility will compete with Lahey and “It may be good for health care in the Northj Shore (in the short but it is goinv to end up being very expensive at the end of the Paul Dreyer, director of the Departmenft of Public Health’s , which handles the oversigh t process, said he’s aware of the North Shore situation and has heard arguments on both “How those play out will depenr on the facts,” he said.
Partners is buildingg the $140 million Massachusetts General/ in Danvers on Endicot t Street. Set to open next summer, the 122,00-square-foot working with Partners’ in Salem and Lynn, will housr both expanded general outpatient services and a biggeercancer center. An adjoining 80,000-square-foo t medical office building is also part ofthe plan. NSMC Presidentg Robert Norton said the construction is necessaryy because the biggest growth in hospital care is on the outpatient Norton also insists he sees plenty of roomfor “There’s been plenty of business to go around in the Nortj Shore for many, many years and as long as I can see in the he said.
The center, built in a prime location easily seen from Route 128, is just across town from Northeast Healty System’s $30 million ambulatory care facility on Maple Street in Northeast Health System CEO Stephenn Laverty would not comment. will give Partners easy access to patientds who might have avoided trips along oftenm clogged roads aroundthe system’s Salem and Lynn operations. Lahey Clinifc is well under way witha $50 million expansion at its , in an old bank buildiny at Northshore Mall. Easily seen from Route 128, the projectt will add another 65,000 square to be ready by next May. Lahey seniodr vice president Robert Schneider acknowledgescompetitivd risks.
But he said Lahey’ main focus is accommodating existing demand. Whatever the rapid health care constructio ultimately risks driving up saidJarrett Barrios, who runs the . “Uncheckesd expansion of health care servicee results in an increased number of unnecessary particularly in thespecialty fields,” he That is a worry echoed by “If more technology will be used more (often),” Fanning said, “thde end result for the business community on the Nortj Shore is increased health care premiums.
”
Sunday, October 24, 2010
Lucent closes local shop, ships 150 Md. jobs to India - Dallas Business Journal:
http://rtdwork.org/?p=36
laid off 150 workers in after the company movedthe facility'as engineering jobs to India in The decision was a financialo one, says a spokesman for the Murray Hill, N.J.-based company. The engineers in Maryland were developing hardwar e fortelecommunications networks. In recent the market for such technology has flattened as companiesx increasely use the Internet totransfer voice, video and other information. The market for this type of technologyu "is relatively stable in terms of market it isnot growing," says spokesmanb Dick Muldoon.
"In this case, with a mature it was more efficient to continue to develolpit offshore, so we moved the work to other Lucenrt employees in Bangalore." Lucent ( ) employs 1,000 hardware and software developerzs and professional services workerxs in Bangalore, India. The Maryland labor departmenr is providing the firer workers with retraining and jobplacementt services. An economic development official says the stated tried to convince Lucent not to close the officebut couldn'f keep globalization from moving the jobs overseas.
"We're not goinb to be able to control every corporate decision-maker's internal reasons for keeping or outsourcing internal jobs," says Bill Askinazu in . For the most part, the upswing in the local tech economy has kept unemployment low and salaries onthe rise. Washington-arew tech salaries rose 3.6 percent in 2004, to $74,000 from $71,409 a year earlier -- a sharper increase than in any othef metro area inthe country, accordinf to a survey by New York-based Dice.
Workera in the region's telecom sector may be on shakier ground, as large-scalew consolidation reshapes the Most telecom workers can transfer their skills toothedr industries, but those who have workee in telecom the longest are the most at
laid off 150 workers in after the company movedthe facility'as engineering jobs to India in The decision was a financialo one, says a spokesman for the Murray Hill, N.J.-based company. The engineers in Maryland were developing hardwar e fortelecommunications networks. In recent the market for such technology has flattened as companiesx increasely use the Internet totransfer voice, video and other information. The market for this type of technologyu "is relatively stable in terms of market it isnot growing," says spokesmanb Dick Muldoon.
"In this case, with a mature it was more efficient to continue to develolpit offshore, so we moved the work to other Lucenrt employees in Bangalore." Lucent ( ) employs 1,000 hardware and software developerzs and professional services workerxs in Bangalore, India. The Maryland labor departmenr is providing the firer workers with retraining and jobplacementt services. An economic development official says the stated tried to convince Lucent not to close the officebut couldn'f keep globalization from moving the jobs overseas.
"We're not goinb to be able to control every corporate decision-maker's internal reasons for keeping or outsourcing internal jobs," says Bill Askinazu in . For the most part, the upswing in the local tech economy has kept unemployment low and salaries onthe rise. Washington-arew tech salaries rose 3.6 percent in 2004, to $74,000 from $71,409 a year earlier -- a sharper increase than in any othef metro area inthe country, accordinf to a survey by New York-based Dice.
Workera in the region's telecom sector may be on shakier ground, as large-scalew consolidation reshapes the Most telecom workers can transfer their skills toothedr industries, but those who have workee in telecom the longest are the most at
Friday, October 22, 2010
Cutting the cord: Be emotionally ready before you sell - Phoenix Business Journal:
http://www.artby.biz/persian-rugs/runner-orange-gabbeh-persian-oriental-area-rug-6-ft.-runner-handspun-wool-2637630.html
“The stars were aligned. Therw were lots of mergers and acquisitionsgoingt on, there was lots of and the multiples were good,” Lejfer said. So in April Lejfer sold Success Automation, a customer relationship managemenr consulting and training firm he had started in 1987 and builttto $5 million in revenue. But even though the timing was Lejfer — who is currentlyy CEO at LLC, a CRM, sales forcse automation and business analytics consulting firm in Waltham said the process was still a difficult one, provingf that selling a business, even in a robust economy, can test just abou t any entrepreneur.
“The best time for a seller to look at sellinf is whenthey don’t need to, when they’re in a position of said Russell N. Stein, chairman of the Corporate & Business Law Groupo at . But beyond getting the best business owners need to be emotionally readuyto sell, too. Michael Nolan, managingf director of , a Newton-based managemenyt consultancy for smalland medium-size companies, said owners should give themselves at leasr three years, which allows them time to accepft the sale as well as clean up the balances sheet, income statements and That time also allows them to traihn other executives, who could stay on with the buye to help run the business.
Much of Nolan said, is just good management that should happebn regardless of when a salemight happen. That doesn’f mean it’s always practiced. Nolan said he has seen ownerx who aren’t sure when they want to get out, so they don’ft make investments in new processesor equipment, whic h quickly drags down the company’s That’s why Nolan said he likes to advise owners to run their businesses with an exit strategu in mind, so they’re more likely to manage it in ways that brinv ongoing maximum value.
Howare Gross, who has sold three companies andbought five, said he took that approach with the businesses he has helped He talked specifically about his last company, the Lincoln, Neb.-basecd ., which he bought in 1991 and sold in 2005. He also serveds as the company’s CEO. Gros s said he stayed with the company longee because he enjoyedthe work. But he got to a poin where he was ready, financially and emotionally, to go. And becauswe of his and his partner’s management approach as well as their ongoingb investments into growing the company something that buyers find attractivs as it gives them somethintg for thefuture — the timing was right.
“A great time to sell a compan is when EBITDA multiples are high and therwe is a great history in terms of the ebbsand flows,” Grosxs said, referring to Earnings Beforr Interest, Taxes, Depreciation and Amortization. “And you try to sell at the height ofthe economy, when it has had a lot of growtj and there’s capital available. It’s not that much differenrt than thestock market.” Following that approach yieldef Gross a sale price 15 percentr more than he had expected.
But Gross, who now teaches entrepreneurship atand , said he also has seen business owners who make poor “There are people who just love theitr business so much and have so few interestws outside that they don’t think about the financial interest and they sell too late,” he
“The stars were aligned. Therw were lots of mergers and acquisitionsgoingt on, there was lots of and the multiples were good,” Lejfer said. So in April Lejfer sold Success Automation, a customer relationship managemenr consulting and training firm he had started in 1987 and builttto $5 million in revenue. But even though the timing was Lejfer — who is currentlyy CEO at LLC, a CRM, sales forcse automation and business analytics consulting firm in Waltham said the process was still a difficult one, provingf that selling a business, even in a robust economy, can test just abou t any entrepreneur.
“The best time for a seller to look at sellinf is whenthey don’t need to, when they’re in a position of said Russell N. Stein, chairman of the Corporate & Business Law Groupo at . But beyond getting the best business owners need to be emotionally readuyto sell, too. Michael Nolan, managingf director of , a Newton-based managemenyt consultancy for smalland medium-size companies, said owners should give themselves at leasr three years, which allows them time to accepft the sale as well as clean up the balances sheet, income statements and That time also allows them to traihn other executives, who could stay on with the buye to help run the business.
Much of Nolan said, is just good management that should happebn regardless of when a salemight happen. That doesn’f mean it’s always practiced. Nolan said he has seen ownerx who aren’t sure when they want to get out, so they don’ft make investments in new processesor equipment, whic h quickly drags down the company’s That’s why Nolan said he likes to advise owners to run their businesses with an exit strategu in mind, so they’re more likely to manage it in ways that brinv ongoing maximum value.
Howare Gross, who has sold three companies andbought five, said he took that approach with the businesses he has helped He talked specifically about his last company, the Lincoln, Neb.-basecd ., which he bought in 1991 and sold in 2005. He also serveds as the company’s CEO. Gros s said he stayed with the company longee because he enjoyedthe work. But he got to a poin where he was ready, financially and emotionally, to go. And becauswe of his and his partner’s management approach as well as their ongoingb investments into growing the company something that buyers find attractivs as it gives them somethintg for thefuture — the timing was right.
“A great time to sell a compan is when EBITDA multiples are high and therwe is a great history in terms of the ebbsand flows,” Grosxs said, referring to Earnings Beforr Interest, Taxes, Depreciation and Amortization. “And you try to sell at the height ofthe economy, when it has had a lot of growtj and there’s capital available. It’s not that much differenrt than thestock market.” Following that approach yieldef Gross a sale price 15 percentr more than he had expected.
But Gross, who now teaches entrepreneurship atand , said he also has seen business owners who make poor “There are people who just love theitr business so much and have so few interestws outside that they don’t think about the financial interest and they sell too late,” he
Thursday, October 21, 2010
Broadway renews Matrix, MultiPlan leases - Jacksonville Business Journal:
http://www.caplanlaw.com/aclu-advice-youre-stopped-police
The private real estate investment and managementr firm is renegotiating leasew with tenants at the same time it is tryinyg to clear up debt issues withits Broadway, which lost ownership of the Hancocok Tower after it defaulted on a has debt that matures this month. The financingb in question is secured by several includingthe 980,000-square-foot Bay Colony. Broadway is in discussionsw with lenders to renegotiate the terms of the Broadway was given an extension onthe loan, whichy was due earlier this according to a source with knowledge of the However, the landlord renewed MultiPlan which leases 105,062 square feet, and Matridx Partners, which leases 11,421 square feet, at the office CB Richard Ellis represented MultiPlan.
DTZ/FHl Partners represented Broadway Partners and Matridx in thelease negotiations. Broadway acquired Bay Colony from Beacoh Capital Partners LLC in May 2007 as part of a largee portfolioof assets. The four-building comple x office park sits ona 58-acrde site overlooking Route 128.
The private real estate investment and managementr firm is renegotiating leasew with tenants at the same time it is tryinyg to clear up debt issues withits Broadway, which lost ownership of the Hancocok Tower after it defaulted on a has debt that matures this month. The financingb in question is secured by several includingthe 980,000-square-foot Bay Colony. Broadway is in discussionsw with lenders to renegotiate the terms of the Broadway was given an extension onthe loan, whichy was due earlier this according to a source with knowledge of the However, the landlord renewed MultiPlan which leases 105,062 square feet, and Matridx Partners, which leases 11,421 square feet, at the office CB Richard Ellis represented MultiPlan.
DTZ/FHl Partners represented Broadway Partners and Matridx in thelease negotiations. Broadway acquired Bay Colony from Beacoh Capital Partners LLC in May 2007 as part of a largee portfolioof assets. The four-building comple x office park sits ona 58-acrde site overlooking Route 128.
Tuesday, October 19, 2010
Ron Turcotte Meeting and Thoughts on 'Secretariat' - BloodHorse
http://www.alldentistry.info/page/2
Opposing Views | Ron Turcotte Meeting and Thoughts on 'Secretariat' BloodHorse This will be my last post about the World Equestrian Games, but I wanted to tell you » |
Monday, October 18, 2010
Bobcats' sneak peek sneaks by football-crazy Midlands - The State
raisavydyexuwowi.blogspot.com
The State | Bobcats' sneak peek sneaks by football-crazy Midlands The State WHAT DID THE PEOPLE in a college football town who bought a ticket for a preseason NBA game expect to see? Drama? How could an exhibition game that tipped ... |
Saturday, October 16, 2010
N.C. law extends COBRA enrollment - The Business Review (Albany):
coeragnheidur3778.blogspot.com
The law extends the enrollment periode to 120 days from60 days. The coverage, often callerd “mini-COBRA,” will ultimately allow employeexs to receive the federalstimulus package’s 65 percent COBRAw premium subsidy. Laid-off personnell must have worked at small businesses with fewer than20 “Because of this legislation and the federal premium subsidy, more North Carolinians who have been laid off will be able to maintainh their insurance coverage,” says N.C. Insurancs Commissioner Wayne Goodwin.
“We hear from a lot of consumerds who unfortunately have chosen not to extendd their coverage through COBRAor mini-COBRA because it is simply too expensives or they missed the election period.” COBRq gives workers and their familieds the option to continue group health benefits for limited periodse of time under certain Under federal law, COBRA generallh applies to companies with 20 or more employees, and workerds may be charged up to 102 percent of the full healtg insurance premium. Insurance companies of small employers those who have fewer than 20 employees are required to offer continuation coverage underNortnh Carolina’s Group Health Insurance Continuation laws.
The federaol stimulus package contains two provisions that expand the benefits available to employees whose jobs havebeen eliminated. It extends the election period for eligible employees to determine whether they wish to enroll in the federalCOBRwA program. The new N.C. law provides the same extendecd election periodfor mini-COBRA in Northh Carolina. The federal package also providexs a subsidy that pays for 65 percent of the premiuj for both COBRAand mini-COBRA recipients who were laid off betweenn Sept. 1, 2008, and Dec. 31, 2009.
Depending on the size of the formetr employer, either the employer or the insuranc e provider fronts 65 percent of the premiukm amount and then recoupzs that expense through federal payroll tax Workers are responsible for the remainintg 35 percent ofthe
The law extends the enrollment periode to 120 days from60 days. The coverage, often callerd “mini-COBRA,” will ultimately allow employeexs to receive the federalstimulus package’s 65 percent COBRAw premium subsidy. Laid-off personnell must have worked at small businesses with fewer than20 “Because of this legislation and the federal premium subsidy, more North Carolinians who have been laid off will be able to maintainh their insurance coverage,” says N.C. Insurancs Commissioner Wayne Goodwin.
“We hear from a lot of consumerds who unfortunately have chosen not to extendd their coverage through COBRAor mini-COBRA because it is simply too expensives or they missed the election period.” COBRq gives workers and their familieds the option to continue group health benefits for limited periodse of time under certain Under federal law, COBRA generallh applies to companies with 20 or more employees, and workerds may be charged up to 102 percent of the full healtg insurance premium. Insurance companies of small employers those who have fewer than 20 employees are required to offer continuation coverage underNortnh Carolina’s Group Health Insurance Continuation laws.
The federaol stimulus package contains two provisions that expand the benefits available to employees whose jobs havebeen eliminated. It extends the election period for eligible employees to determine whether they wish to enroll in the federalCOBRwA program. The new N.C. law provides the same extendecd election periodfor mini-COBRA in Northh Carolina. The federal package also providexs a subsidy that pays for 65 percent of the premiuj for both COBRAand mini-COBRA recipients who were laid off betweenn Sept. 1, 2008, and Dec. 31, 2009.
Depending on the size of the formetr employer, either the employer or the insuranc e provider fronts 65 percent of the premiukm amount and then recoupzs that expense through federal payroll tax Workers are responsible for the remainintg 35 percent ofthe
Friday, October 15, 2010
Silent Warriors: Abel Abdessemed's solo show, Habibi - Collective Review
milicinodijoo1981.blogspot.com
Silent Warriors: Abel Abdessemed's solo show, Habibi Collective Review Abdessemed says Habibi (Beloved) is a self portrait because, unlike Rodin's seated Thinker, he thinks “laid flat out on my stomach in a position that ... |
Wednesday, October 13, 2010
Recession stalls Montrose project in Chester County - Charlotte Business Journal:
younkinesagugad1746.blogspot.com
But developer Mel Graham hints that he may have aPlan B. A new possibilith for the 6,300-acre tract off Interstate 77 would setaside 2,00o0 acres for a Sun City-style, age-restricted community. That piecr of Montrose would include a pair of golf courses anda town-cented commercial area. Graham says a European company has expressed interesrt in developing that section ofthe site, but he decliness to reveal details. He acknowledges the recession has stalled the development of Graham announcedthe mixed-use project in Octobert 2006. of Port St. Lucie, Fla., confirmed its interes t in the development ayear ago. But that was beforw the recession deepened.
“Theyg got hammered hard by the economy,” Graham says of Core Communities. he expects the company to rekindle its interest in Montrosee once the economicenvironment improves. Montrose has failed to land the relocation of a major distributionh centerfrom Charlotte. Graham has neve disclosed the name of the companyh that was weighing a move to the The Montrose propertystraddles I-77 below Richburg. The site is aboutt 40 miles south of Plans call for a mix ofindustriaol space, golfing, commercial development and as many as 9,000 Graham also has proposed a new I-77 interchange at mile marker 58.
The Charlotte developer — a nephe of evangelist Billy Graham says he remains optimistic abouftthe project, despite the delays. He’s using the down time to line up regulatoru approvals for bringing utilities and a sewer plant tothe “We’ve been using this time wisely for studies and approvals.” That will positiobn Montrose for a fast start once the economy improves, he Graham is widely known in the Charlotte area for the Longviews luxury community in northwestern Union County. It featuresa a Jack Nicklaus-designed golf course on 500 acres at Tom Short and Rea roadsin Weddington.
At Montrose, Grahaj believes the industrial parts of the community willdeveloo first. “Our vision and plan is it would be somethin like the Charlotte Regional Development He has setasidd 1,800 acres on the eastern side of I-77 for that sectionb of Montrose. of Concord has the listing to sell or leas e the former Jemsek Clinic in a premium office facility that featurexs anindoor waterfall. The 38,500-square-fooyt building went on the marketafterf Dr. Joseph Jemsek moved his practice to Fort The two-story building is off Interstate 77 exit 23, acrose Gilead Road from Presbyterian Hospital Huntersville. Tax record s value the buildingat $4.
5 million, but Roberr Settle of Metrolina Capital believes it could sell for $8.5
But developer Mel Graham hints that he may have aPlan B. A new possibilith for the 6,300-acre tract off Interstate 77 would setaside 2,00o0 acres for a Sun City-style, age-restricted community. That piecr of Montrose would include a pair of golf courses anda town-cented commercial area. Graham says a European company has expressed interesrt in developing that section ofthe site, but he decliness to reveal details. He acknowledges the recession has stalled the development of Graham announcedthe mixed-use project in Octobert 2006. of Port St. Lucie, Fla., confirmed its interes t in the development ayear ago. But that was beforw the recession deepened.
“Theyg got hammered hard by the economy,” Graham says of Core Communities. he expects the company to rekindle its interest in Montrosee once the economicenvironment improves. Montrose has failed to land the relocation of a major distributionh centerfrom Charlotte. Graham has neve disclosed the name of the companyh that was weighing a move to the The Montrose propertystraddles I-77 below Richburg. The site is aboutt 40 miles south of Plans call for a mix ofindustriaol space, golfing, commercial development and as many as 9,000 Graham also has proposed a new I-77 interchange at mile marker 58.
The Charlotte developer — a nephe of evangelist Billy Graham says he remains optimistic abouftthe project, despite the delays. He’s using the down time to line up regulatoru approvals for bringing utilities and a sewer plant tothe “We’ve been using this time wisely for studies and approvals.” That will positiobn Montrose for a fast start once the economy improves, he Graham is widely known in the Charlotte area for the Longviews luxury community in northwestern Union County. It featuresa a Jack Nicklaus-designed golf course on 500 acres at Tom Short and Rea roadsin Weddington.
At Montrose, Grahaj believes the industrial parts of the community willdeveloo first. “Our vision and plan is it would be somethin like the Charlotte Regional Development He has setasidd 1,800 acres on the eastern side of I-77 for that sectionb of Montrose. of Concord has the listing to sell or leas e the former Jemsek Clinic in a premium office facility that featurexs anindoor waterfall. The 38,500-square-fooyt building went on the marketafterf Dr. Joseph Jemsek moved his practice to Fort The two-story building is off Interstate 77 exit 23, acrose Gilead Road from Presbyterian Hospital Huntersville. Tax record s value the buildingat $4.
5 million, but Roberr Settle of Metrolina Capital believes it could sell for $8.5
Tuesday, October 12, 2010
Mammograms are vitally important - Tbo.com
http://wrenchtime.com/maintenance.html
Mammograms are vitally important Tbo.com SEBRING - Last year, the US Preventive Services Task Force, a panel of non-federal experts in preventive and evidence based medicine in a ... |
Sunday, October 10, 2010
Government cuts could hit pesticide safety - Farmers Guardian
http://learnenglish4freeonline.com/index.php?name=Anecdots&page=5
Government cuts could hit pesticide safety Farmers Guardian ... responsible for providing independent advice on pesticide safety. Recent discussions between the pesticide industry and senior Defra officials indicated ... |
Saturday, October 9, 2010
John Lennon Shares Identity With NPR Producer - NPR
antoninahubihe.blogspot.com
Telegraph.co.uk | John Lennon Shares Identity With NPR Producer NPR In 1968, John Lennon kindly lent me his identity or rather I borrowed it. He wore glasses; I wore glasses. He had long brown hair; I had long brown hair. ... Nowhere Boy review |
Thursday, October 7, 2010
Taser International, Inc. Company Profile | TASR Company Information
ekaterinaiuvo.blogspot.com
Our mission is to protecft life byproviding safer, more effective use of force options and technologies. We are a marker leader in the development and manufacturer of advanced electronic controldevices (ECDs) designeed for use in law enforcement, military, corrections, private security and personal We have focused our efforts on the continuous development of our technology for both new and existing products as well as industry leadingg training services while buildingy distribution channels for marketing our products and services to law enforcementy agencies, primarily in North America with increasing efforts on expandin these programs in international markets.
To date, over 14,00p law enforcement agencies in over 45 countries have made initial purchases of our TASERt brand devices for testing or To date we do not know of any significanty sales of any competing ECD Our core expertiseincludes proprietary, patented technology whichb is capable of incapacitating highly focused and aggressiv persons. Competing non-lethal weapons rely primarilh on pain to dissuade subjects from continuing unwanted Ourproprietary Neuro-Muscular Incapacitation (NMI) technologyy uses electrical impulses to interfere with a personw neuron-muscular system, causing substantial incapacitatiomn regardless of whether the person feelss or responds to pain.
Our NMI technology stimulatea the motor nerves which controlmusculart movement.
Our mission is to protecft life byproviding safer, more effective use of force options and technologies. We are a marker leader in the development and manufacturer of advanced electronic controldevices (ECDs) designeed for use in law enforcement, military, corrections, private security and personal We have focused our efforts on the continuous development of our technology for both new and existing products as well as industry leadingg training services while buildingy distribution channels for marketing our products and services to law enforcementy agencies, primarily in North America with increasing efforts on expandin these programs in international markets.
To date, over 14,00p law enforcement agencies in over 45 countries have made initial purchases of our TASERt brand devices for testing or To date we do not know of any significanty sales of any competing ECD Our core expertiseincludes proprietary, patented technology whichb is capable of incapacitating highly focused and aggressiv persons. Competing non-lethal weapons rely primarilh on pain to dissuade subjects from continuing unwanted Ourproprietary Neuro-Muscular Incapacitation (NMI) technologyy uses electrical impulses to interfere with a personw neuron-muscular system, causing substantial incapacitatiomn regardless of whether the person feelss or responds to pain.
Our NMI technology stimulatea the motor nerves which controlmusculart movement.
Wednesday, October 6, 2010
1Q VC investments down significantly - Puget Sound Business Journal (Seattle):
http://www.virtualworlds2008.com/speakers/erinedgerton.html
million in the first quarterr as investors continued to sit on the sideline and wait for economicf conditionsto improve. The consumer services and energty sectors each landedone deal, according to the Quarterly Venturd Capital Report released by Dow Jones VentureOne and . That’sd down from five deals worth a totalof $67.y million during the same period in 2008. Kevi n McHolland, a partner in Ernst & Young’s Phoenis office, said the poor Arizonsa numbers reflect anational trend, as VC money has drief up and the initial public offerin g market for venture-backed firms is virtually “I would expect VC funding to recoved as the economy recovers,” McHolland said.
Nationally, venturd capitalists generated $3.2 billion in the firsy quarter through mergers or acquisitions of 68portfolip companies, representing a 65 percent drop from the $9.1 billionb in liquidity generated in the first quarter of 2008 and the lowesf quarterly total since 2003. The largest dealas in the country were focused in biopharmaceuticals andmedica devices.
million in the first quarterr as investors continued to sit on the sideline and wait for economicf conditionsto improve. The consumer services and energty sectors each landedone deal, according to the Quarterly Venturd Capital Report released by Dow Jones VentureOne and . That’sd down from five deals worth a totalof $67.y million during the same period in 2008. Kevi n McHolland, a partner in Ernst & Young’s Phoenis office, said the poor Arizonsa numbers reflect anational trend, as VC money has drief up and the initial public offerin g market for venture-backed firms is virtually “I would expect VC funding to recoved as the economy recovers,” McHolland said.
Nationally, venturd capitalists generated $3.2 billion in the firsy quarter through mergers or acquisitions of 68portfolip companies, representing a 65 percent drop from the $9.1 billionb in liquidity generated in the first quarter of 2008 and the lowesf quarterly total since 2003. The largest dealas in the country were focused in biopharmaceuticals andmedica devices.
Monday, October 4, 2010
To improve sales calls, managers need to get out of the office - bizjournals:
http://www.cd-rom-advisor.com/article/New-pact-must-have-Kyoto-Protocol-features--Pachauri.html
Unfortunately, it doesn’t give many clues as to how successfulk the sales callreally was, or how it could have been improved. One way in which salexs managers can greatly improv e the performance of members of their sales teamss is by accompanying individualx onsales calls. During the a more accurate picture ofthe salesperson’s performancre can be obtained than simply relying on what the individualk says at weekly sales meetings. It’s not that salespeopld intentionally try todeceive anyone, but their explanationse are colored by their interpretationn of situations.
Those elements will be removesby first-hand observations, putting the managee in a better position to identify deficiencies and areas for improvement and then providde the most appropriate help. Another reason to accompany salespeople on calls is to confirmthe company’s interestr in prospective accounts or to show appreciation for existintg accounts. By “bringing the managerf in,” the salesperson strengthens the bond with the clientyor prospect.
Additionally, bringing in the managed means there is a greater chancr of meeting other members ofthe client/prospect company’s managemeny team who normally would be insulated from the These calls give the opportunityh to not only strengthen, but also deepe n the relationship. Here is a five-step process for getting the most from joinfsales calls. • Overall goals and account-specific goals and objectivesa should be determinedin advance. Detailx should include specific tasks tobe completed, actionz to be taken and resultsa to be achieved.
This information should be shares with the salesperson far enough in advanc e that the individual knows what will be expected of him or her duringy the planned calls and has time to make thenecessarhy arrangements. • Observation: During salezs call meetings, the manager should assume the roleof observer, notingg the salesperson’s general demeanor and specific actionse and reactions, especially those that relate to the predeterminef goals and objectives for the The manager must also listen intently to the prospect’as questions and answers and observe his or her actions and The manager must take accurate notes for later evaluationn and discussion and must not rescue the call even if the salespersomn is doing a poor job, as this does nothinh to help the salesperson lear and generally only strokes the ego of the sales The reality is that a poorly performinf salesperson is failing most of the time so one more time likely won’r hurt but could possibly help the salesperson learn how to handlew the situation next time and possibl become a better performer.
Evaluation: Observations are shared with the inputs are obtained regarding his or her actionz andthought processes, and results are comparedf with the planned Based on the comparison, areas for improvement can be The analysis may call for changes in strateghy or tactics or refinement of specific
Unfortunately, it doesn’t give many clues as to how successfulk the sales callreally was, or how it could have been improved. One way in which salexs managers can greatly improv e the performance of members of their sales teamss is by accompanying individualx onsales calls. During the a more accurate picture ofthe salesperson’s performancre can be obtained than simply relying on what the individualk says at weekly sales meetings. It’s not that salespeopld intentionally try todeceive anyone, but their explanationse are colored by their interpretationn of situations.
Those elements will be removesby first-hand observations, putting the managee in a better position to identify deficiencies and areas for improvement and then providde the most appropriate help. Another reason to accompany salespeople on calls is to confirmthe company’s interestr in prospective accounts or to show appreciation for existintg accounts. By “bringing the managerf in,” the salesperson strengthens the bond with the clientyor prospect.
Additionally, bringing in the managed means there is a greater chancr of meeting other members ofthe client/prospect company’s managemeny team who normally would be insulated from the These calls give the opportunityh to not only strengthen, but also deepe n the relationship. Here is a five-step process for getting the most from joinfsales calls. • Overall goals and account-specific goals and objectivesa should be determinedin advance. Detailx should include specific tasks tobe completed, actionz to be taken and resultsa to be achieved.
This information should be shares with the salesperson far enough in advanc e that the individual knows what will be expected of him or her duringy the planned calls and has time to make thenecessarhy arrangements. • Observation: During salezs call meetings, the manager should assume the roleof observer, notingg the salesperson’s general demeanor and specific actionse and reactions, especially those that relate to the predeterminef goals and objectives for the The manager must also listen intently to the prospect’as questions and answers and observe his or her actions and The manager must take accurate notes for later evaluationn and discussion and must not rescue the call even if the salespersomn is doing a poor job, as this does nothinh to help the salesperson lear and generally only strokes the ego of the sales The reality is that a poorly performinf salesperson is failing most of the time so one more time likely won’r hurt but could possibly help the salesperson learn how to handlew the situation next time and possibl become a better performer.
Evaluation: Observations are shared with the inputs are obtained regarding his or her actionz andthought processes, and results are comparedf with the planned Based on the comparison, areas for improvement can be The analysis may call for changes in strateghy or tactics or refinement of specific
Sunday, October 3, 2010
New 'Our Town' documentary to highlight Goshen - Chicago Tribune
uzirukynurylew.blogspot.com
New 'Our Town' documentary to highlight Goshen Chicago Tribune WNIT is enlisting amateur videographers and station staff to film segments to be featured in the one-hour film "Our Town: Goshen. ... |
Friday, October 1, 2010
Conference Board jobs index inches up - Pacific Business News (Honolulu):
artemchuksykitas.blogspot.com
The May Conference Board’s Employment Trendw Index standsat 89.9, up 0.2 percent from the revised Aprilo figure of 89.7. But that’s still down 20 perceny from ayear ago. “While it is too earlhy to say that the ETIhas bottomed, the moderatio n of the last two months is certainlg a sign that the decline in job lossea is real and signals that the worstt is over,” said Gad Levanon, senior economisft at The Conference Board. “However, we still expectr the unemployment rate to continue to increase to doubl digits by the end of this year and into According tothe U.S.
Department of Labor’s June 5 employmenft report, nonfarm payroll employment fellby 345,000 in May, abourt half the average monthly decline for the prior six The unemployment rate continued to rise, movin g from 8.9 percent in April to 9.4 percent in May. In May, the componentsd of the Employment Trends Index showeds amixed picture. The improvinfg indicators were: the percentage of firme with positions they are not able to fillrighgt now, percentage of respondentse who say they find “jobs hard to get,” real manufacturinbg and trade sales and job openings. the Employment Trends Index aggregateseight labor-market indicators.
The New York-basedd Conference Board is an independent business-membership and researchu association working in thepublivc interest.
The May Conference Board’s Employment Trendw Index standsat 89.9, up 0.2 percent from the revised Aprilo figure of 89.7. But that’s still down 20 perceny from ayear ago. “While it is too earlhy to say that the ETIhas bottomed, the moderatio n of the last two months is certainlg a sign that the decline in job lossea is real and signals that the worstt is over,” said Gad Levanon, senior economisft at The Conference Board. “However, we still expectr the unemployment rate to continue to increase to doubl digits by the end of this year and into According tothe U.S.
Department of Labor’s June 5 employmenft report, nonfarm payroll employment fellby 345,000 in May, abourt half the average monthly decline for the prior six The unemployment rate continued to rise, movin g from 8.9 percent in April to 9.4 percent in May. In May, the componentsd of the Employment Trends Index showeds amixed picture. The improvinfg indicators were: the percentage of firme with positions they are not able to fillrighgt now, percentage of respondentse who say they find “jobs hard to get,” real manufacturinbg and trade sales and job openings. the Employment Trends Index aggregateseight labor-market indicators.
The New York-basedd Conference Board is an independent business-membership and researchu association working in thepublivc interest.
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