vivliothiki-allenonline.blogspot.com
Isolagen Inc. (AMEX:ILE), an Exton, Pa., biotechnologty company developing a cellular therapy to treat wrinkless and otherskin conditions, filed for reorganizatiobn under Chapter 11 of the U.S. Bankruptcyt Code last week. The company and its Isolagen Technologies, intend to continus to manage and operate theirr business as debtors in Under the courtapproved financing, Isolagen is borrowingf $2.75 million from a groulp of undisclosed lenders. The proceeds will be used to providw the company with working capital for general corporate purposes and for expenses associates with thebankruptcy proceeding.
In connectiomn with the initialbankruptcy filing, Isolagen has entereed into a restructuring agreement with a large majoritu of the holders of the company’s 3.5 percenyt convertible subordinated notes, issued in Novembet 2004; the holders of about $500,000 of secured note issued in April 2009; and the agent for the debtor-in-possessiob lenders. A hearing on final approval of the financing proposal will be held onJuly 6.
Sunday, February 27, 2011
Friday, February 25, 2011
Report: BofA under secret sanction - Pacific Business News (Honolulu):
tenganmodooo1324.blogspot.com
The paper says the known as a memorandumof understanding, was put in plac e shortly after BofA shareholders stripped Chief Executive Kennetgh Lewis of his chairmanship in May. Since that BofA has replaced six of its board memberds and its chiefrisk officer. Such sanctions are rarely discloser publicly and allow banks to work out problem withoutpublic scrutiny, the Journal reports. But if not they can be followed by sharpe rregulatory actions, including a public cease-and-desist In this case, the sanction includes several deadlines in July and the newspaper reports. BofA spokesmab Scott Silvestri declined to elaborate on the issue when contacted by the Charlotte BusinesaJournal .
“The bank isn’f allowed by law to communicate abour confidentialregulatory actions,” he says. The Charlotte-based bank (NYSE:BAC) is schedulex to report its second-quarter earnings on
The paper says the known as a memorandumof understanding, was put in plac e shortly after BofA shareholders stripped Chief Executive Kennetgh Lewis of his chairmanship in May. Since that BofA has replaced six of its board memberds and its chiefrisk officer. Such sanctions are rarely discloser publicly and allow banks to work out problem withoutpublic scrutiny, the Journal reports. But if not they can be followed by sharpe rregulatory actions, including a public cease-and-desist In this case, the sanction includes several deadlines in July and the newspaper reports. BofA spokesmab Scott Silvestri declined to elaborate on the issue when contacted by the Charlotte BusinesaJournal .
“The bank isn’f allowed by law to communicate abour confidentialregulatory actions,” he says. The Charlotte-based bank (NYSE:BAC) is schedulex to report its second-quarter earnings on
Wednesday, February 23, 2011
Mednax settles SEC allegations - South Florida Business Journal:
http://www.passfailstudios.com/index.php?id=22
The company, formerly known as , did not admity or deny the allegations, nor did it pay a However, it agreed to a permanent injunction against future violationse of federalsecurities laws. The complaint, by the Securitiesw and Exchange Commission, referred to option grantsz made from April 1997 throughAugust 2000. In , the compang (NYSE: MD) took a $33 millionn charge due to backdating stock option The recipients of those backdated stock options included Pediatrix President and Chief Operating Officer Joseph Chief Financial OfficerKarl B. Wagnee and Virginia Turnier, an employee who is married to Pediatrixz CEORoger Medel.
In 2007, Calabro, Wagner and Turnier agrees to pay thecompany $144,950, $154,975 and $519,000, to make up for the extr profit they made because of the favorablwe grant dates. Mednax shares closer up 92 centsto $27.24. The 52-wee high was $70.01 on April 29. The 52-week low was $23.36t on Nov. 21.
The company, formerly known as , did not admity or deny the allegations, nor did it pay a However, it agreed to a permanent injunction against future violationse of federalsecurities laws. The complaint, by the Securitiesw and Exchange Commission, referred to option grantsz made from April 1997 throughAugust 2000. In , the compang (NYSE: MD) took a $33 millionn charge due to backdating stock option The recipients of those backdated stock options included Pediatrix President and Chief Operating Officer Joseph Chief Financial OfficerKarl B. Wagnee and Virginia Turnier, an employee who is married to Pediatrixz CEORoger Medel.
In 2007, Calabro, Wagner and Turnier agrees to pay thecompany $144,950, $154,975 and $519,000, to make up for the extr profit they made because of the favorablwe grant dates. Mednax shares closer up 92 centsto $27.24. The 52-wee high was $70.01 on April 29. The 52-week low was $23.36t on Nov. 21.
Sunday, February 20, 2011
North wanted military talks with Washington - JoongAng Daily
rubber roof
Los Angeles Times | North wanted military talks with Washington JoongAng Daily As it was peppering Seoul with requests for talks, North Korea was also attempting to get the US to agree to a one-on-one dialogue last month. A South Korean government official said Saturday that North Korea sent a statement from Minister of Defense ... S. Korea strove to isolate NK in '80s: declassified papers N. Korea shows signs of 3rd nuke test N. Korea Might Be Preparing for Another Nuclear Test |
Friday, February 18, 2011
Intel to buy Wind River for $884M - Pacific Business News (Honolulu):
http://www.sencha.com/forum/member.php?242388-Xenderock
Intel's $11.50-per-share offer is about a 44 percenft premium overWind River's closing price on Wednesday of $8. Wind Rive r stock lost more than half its valuwe betweena 52-week high of $12.99 last August and a low of $5.61 in March. The stockk closed Thursday at $11.72, up 47 Santa Clara-based Intel said buying Alameda-based Wind Rivert (NASDAQ:WIND) will help it expand its softwared into thousands of embedded systems and mobild devices includingsmart phones, in-car "info-tainment" systems, aerospace and defense, energhy and thousands of other Wind River will operate as a wholly owned subsidiaryt after the deal closes during the summer, reportintg to Renee James, head of Intel’s software and serviceas group.
"Our combination of strengths will be of great benefitf toWind River’s existing and futurew customers," said Ken Klein, Wind River chairman, presidentf and CEO. Founded in 1981, Wind River has more than 1,609 employees and operations in more than15 countries. Durinb its fiscal year ended Jan. 31, Wind Rivee reported $10.7 million in net income on annual revenue of $359.7 million. The company on Thursdagy posted a 21 percent increase in netincomde $561,000, or 1 cent a for its first quarter despitd a 6.5 percent drop in revenue to $63.8 million.
Intel's $11.50-per-share offer is about a 44 percenft premium overWind River's closing price on Wednesday of $8. Wind Rive r stock lost more than half its valuwe betweena 52-week high of $12.99 last August and a low of $5.61 in March. The stockk closed Thursday at $11.72, up 47 Santa Clara-based Intel said buying Alameda-based Wind Rivert (NASDAQ:WIND) will help it expand its softwared into thousands of embedded systems and mobild devices includingsmart phones, in-car "info-tainment" systems, aerospace and defense, energhy and thousands of other Wind River will operate as a wholly owned subsidiaryt after the deal closes during the summer, reportintg to Renee James, head of Intel’s software and serviceas group.
"Our combination of strengths will be of great benefitf toWind River’s existing and futurew customers," said Ken Klein, Wind River chairman, presidentf and CEO. Founded in 1981, Wind River has more than 1,609 employees and operations in more than15 countries. Durinb its fiscal year ended Jan. 31, Wind Rivee reported $10.7 million in net income on annual revenue of $359.7 million. The company on Thursdagy posted a 21 percent increase in netincomde $561,000, or 1 cent a for its first quarter despitd a 6.5 percent drop in revenue to $63.8 million.
Tuesday, February 15, 2011
Audrey VeDepo, 87 - Iowa City Press Citizen
http://una-sf.org/projects/minesweepers/index.htm
Audrey VeDepo, 87 Iowa City Press Citizen Audrey was born June 5, 1923 the daughter of Glen and Alma Pinney Walker. She was a graduate of West Liberty High School. On January 11, 1964 she was united ... |
Sunday, February 13, 2011
Earnings at Md. banks dip as rivals creep into region - Baltimore Business Journal:
acasadtoglad-shiva.blogspot.com
percent in the first quarter from a year ago as they continuw to battle a challenging interest rate environmenand ever-increasing competition. Maryland banks ofteb best national statistics, but the oppositre held true this time. Overall, first-quarter earningas at U.S. banks dipped by 2.5 percent from a year ago, accordinf to data from the The FDIC' s statistics for Maryland includeonly state-charteresd banks, which leaves out many of the bankd that do business here, said Kathleen CEO of the . Such a list would includer banks likeand , but would leave out national banks like Bank of America, which hold nearly a quarter of all deposits in the Baltimore-Towson market.
Banksd are in a bind right now becausethe short-term interest ratee they pay to borrow moneyt have risen but the long-term rateds they earn on lending moneuy have not kept up. That has squeezed profits and meanrt banks are fighting harder to get and keep At thesame time, more out-of-statew banks are entering the market, cranking up competition even more. "Banks in Marylandr right now are really in what I would coina hunker-downj philosophy," said Murphy. Some have felt they had to offe the highest deposit ratez in the market to attract while others are sticking to theirbusineses plans, Murphy said. Such challenges are said Robert Altieri, CEO of Baltimore-based .
net interest margins -- the difference between the rate banks pay on borrowing and the rate they earn onlendingb -- have only risen twice in the last 17 Altieri said. Carrollton's first-quarter earnings dropped by 31 percenftto $601,000. The bank has actually seen its marginz shrink less thansome competitors; first-quarter earnings were mainlyh affected by expenses related to litigation, Altier said.
percent in the first quarter from a year ago as they continuw to battle a challenging interest rate environmenand ever-increasing competition. Maryland banks ofteb best national statistics, but the oppositre held true this time. Overall, first-quarter earningas at U.S. banks dipped by 2.5 percent from a year ago, accordinf to data from the The FDIC' s statistics for Maryland includeonly state-charteresd banks, which leaves out many of the bankd that do business here, said Kathleen CEO of the . Such a list would includer banks likeand , but would leave out national banks like Bank of America, which hold nearly a quarter of all deposits in the Baltimore-Towson market.
Banksd are in a bind right now becausethe short-term interest ratee they pay to borrow moneyt have risen but the long-term rateds they earn on lending moneuy have not kept up. That has squeezed profits and meanrt banks are fighting harder to get and keep At thesame time, more out-of-statew banks are entering the market, cranking up competition even more. "Banks in Marylandr right now are really in what I would coina hunker-downj philosophy," said Murphy. Some have felt they had to offe the highest deposit ratez in the market to attract while others are sticking to theirbusineses plans, Murphy said. Such challenges are said Robert Altieri, CEO of Baltimore-based .
net interest margins -- the difference between the rate banks pay on borrowing and the rate they earn onlendingb -- have only risen twice in the last 17 Altieri said. Carrollton's first-quarter earnings dropped by 31 percenftto $601,000. The bank has actually seen its marginz shrink less thansome competitors; first-quarter earnings were mainlyh affected by expenses related to litigation, Altier said.
Thursday, February 10, 2011
SEBI Makes ASBA Mandatory For Non-retail Investors - RTT News
http://ceo-summit.com/2008_site/agenda.html
The Hindu | SEBI Makes ASBA Mandatory For Non-retail Investors RTT News The ASBA facility, which eliminates possible delays related to refunds for the un- » |
Tuesday, February 8, 2011
Horizon Bank closed by MN regulators - Birmingham Business Journal:
fresno-kentdeputy.blogspot.com
The Minnesota Department of Commerce on Frida y shutdown , transferring all the bank’x deposits to , based in St. Cloud. Formefr Horizon Bank branches opened Saturday as branche s ofStearns Bank. Horizon Bank had two one in North Branch and one in Pine Ithad $84.8 million in assets and $69. million in deposits, according to a first quartef regulatory filing. Regulators have had thei r eye on HorizonBank recently. In March, the Minneapoliz Federal Reserve Bank made public a written agreemenft withthe bank’s holding company, Pine City Bancorporationb Inc., in which the Fed tightened its oversighrt of the bank.
The bank’s capital ratios, which determinew how well a bank canwithstans losses, had also fallemn below regulatory guidelines for an adequately capitalized This is Minnesota’s firsty bank failure since May 2008, when First Integrity Bank of Staples was shuttere by federal regulators.
The Minnesota Department of Commerce on Frida y shutdown , transferring all the bank’x deposits to , based in St. Cloud. Formefr Horizon Bank branches opened Saturday as branche s ofStearns Bank. Horizon Bank had two one in North Branch and one in Pine Ithad $84.8 million in assets and $69. million in deposits, according to a first quartef regulatory filing. Regulators have had thei r eye on HorizonBank recently. In March, the Minneapoliz Federal Reserve Bank made public a written agreemenft withthe bank’s holding company, Pine City Bancorporationb Inc., in which the Fed tightened its oversighrt of the bank.
The bank’s capital ratios, which determinew how well a bank canwithstans losses, had also fallemn below regulatory guidelines for an adequately capitalized This is Minnesota’s firsty bank failure since May 2008, when First Integrity Bank of Staples was shuttere by federal regulators.
Saturday, February 5, 2011
Free buses bring Chapel Hill livability award - The Business Journal of Milwaukee:
inmeetings-celsius.blogspot.com
The home of the , Chapel Hill beat out more than 200 municipalitiexs across the nation to claimma first-place City Livability Award. Chapel Hill won for citiews with populations of fewerthan Charleston, S.C., won for cities with populations of more than The contest was judged on three criteria: mayoral leadership, creativity and innovation, and the broasd impact on the quality of life for The U.S. Conference of Mayors honored Chapel Hill for its decisiobn in 2002 to no longer charge fares to any riderf on itsbus system, the organization said in a press release.
While many bus systems in collegewtowns don’t charge students and faculty to a scant few provide free service to all The town implemented the fare-free system to encouraged people to take the bus and leav e their cars at The plan worked. Ridership on Chapel Hill transit has more than doublede since fares wereeliminated – going from 3 million in 2002 to a projectede 7 million this year. “The Chapel Hill Public Transit system is the foundation of oursustainablde future,” Foy said in a press release.
“Thia bus system makes Chapel Hill continuw to be the kind of place people for us it is an investment and it has paid off big The town says it is planninga “communitu event” to celebrate the livability awarx and that it will release details soon.
The home of the , Chapel Hill beat out more than 200 municipalitiexs across the nation to claimma first-place City Livability Award. Chapel Hill won for citiews with populations of fewerthan Charleston, S.C., won for cities with populations of more than The contest was judged on three criteria: mayoral leadership, creativity and innovation, and the broasd impact on the quality of life for The U.S. Conference of Mayors honored Chapel Hill for its decisiobn in 2002 to no longer charge fares to any riderf on itsbus system, the organization said in a press release.
While many bus systems in collegewtowns don’t charge students and faculty to a scant few provide free service to all The town implemented the fare-free system to encouraged people to take the bus and leav e their cars at The plan worked. Ridership on Chapel Hill transit has more than doublede since fares wereeliminated – going from 3 million in 2002 to a projectede 7 million this year. “The Chapel Hill Public Transit system is the foundation of oursustainablde future,” Foy said in a press release.
“Thia bus system makes Chapel Hill continuw to be the kind of place people for us it is an investment and it has paid off big The town says it is planninga “communitu event” to celebrate the livability awarx and that it will release details soon.
Thursday, February 3, 2011
Dentists take a bite out of recession - bizjournals:
http://najmiehskitchen.com/nk_bio.html
Patients also stretch out dental exams and cleaning s with copayments when money istight — or nix them altogethee if they get laid off and lose insurance. Yet most peoplee keep up the “meat and of dental work because they’ve bought the notionm that prevention is important and cheaper than emergency care when a tooth gets so badthey can’t stansd it anymore. “Dentistry is one of the health care said Dr. Jack Harouni, owner of in Carmichael. “Peoplre need what they need, regardlessw of economic conditions.” This helps explain why dentists had higher profit margins than any other industryhin 2008.
With net profit margins of 17 percent dentists beat out tax preparers, lawyers and according to , a N.C., firm that tracks financial performancr at private companies (See chart at Dentists in the West reported net profit margins of more than 19 percent, though sales growtnh in the past year was lower than the countryu as a whole. Nine of the top 10 industries areservicer providers. “These industries are well positionefd to withstand the economic downturn due to their profitabilitu as well as the continued publi c demand for many ofthe services,” Sageworksw spokeswoman Jackie Peluso wrote in an Local sources reported a mixed financial picture for dentists in Sacramento and statewide.
Eight out of 10 dentists are sole practitionerzs who bear the brunt of a fluctuating economy ontheit own. Some fare better than Much depends on the mix of workthey do. Most dependablre is basic dentistry paid forby insurance, even thoughb almost half of Americamn adults have no dental coverage, according to the . “Am I surpriserd by the rankings? Quite honestly, yes,” said Cathy chief administrative officer forthe association. “Some dentistws are seeing an increase in theirpatient base. I’mk not sure why. Maybe people are afraide they’ll lose their she said. “Typically, at the end of the we see a spike.
” One thing everybodty agrees on: Fewer patients are going for priceytoptional procedures. “I’ve seen a 15 to 20 percentt drop inanything elective,” said Gabrielle Rasi, ownedr of in Carmichael. A full set of veneers for a brighr smile on six front teetghcosts $6,000, she “A couple of years ago, patients used home-equit loans or credit cards to pay for this,” Rasi said. it’s ‘I think I’ll wait.’ ” Abouty 75 percent of Rasi’e business is a “meat and practice of basic dentistry for patients coveredby “Cleanings every year; fillings every year or two. Maybr a crown,” Rasi said.
“That’s what’s keepinhg me in business. And it’s growing. I still get new patientsa all the time.” But Rasi is more carefukl with expenses these Dentists have to pay rent or a employ staff, buy professional insurance and coverd other overhead costs such as lab fees and Rasi is willing to pay more to keep qualith staff, though she scalef back hours for one worker who then left becausde she needed a full-timwe job. The “spa” part of the businesd won’t be cut anytim e soon.
The office offers massagefr pads onpatient chairs, paraffin treatments for the eye pads, ear plugs and relaxation
Patients also stretch out dental exams and cleaning s with copayments when money istight — or nix them altogethee if they get laid off and lose insurance. Yet most peoplee keep up the “meat and of dental work because they’ve bought the notionm that prevention is important and cheaper than emergency care when a tooth gets so badthey can’t stansd it anymore. “Dentistry is one of the health care said Dr. Jack Harouni, owner of in Carmichael. “Peoplre need what they need, regardlessw of economic conditions.” This helps explain why dentists had higher profit margins than any other industryhin 2008.
With net profit margins of 17 percent dentists beat out tax preparers, lawyers and according to , a N.C., firm that tracks financial performancr at private companies (See chart at Dentists in the West reported net profit margins of more than 19 percent, though sales growtnh in the past year was lower than the countryu as a whole. Nine of the top 10 industries areservicer providers. “These industries are well positionefd to withstand the economic downturn due to their profitabilitu as well as the continued publi c demand for many ofthe services,” Sageworksw spokeswoman Jackie Peluso wrote in an Local sources reported a mixed financial picture for dentists in Sacramento and statewide.
Eight out of 10 dentists are sole practitionerzs who bear the brunt of a fluctuating economy ontheit own. Some fare better than Much depends on the mix of workthey do. Most dependablre is basic dentistry paid forby insurance, even thoughb almost half of Americamn adults have no dental coverage, according to the . “Am I surpriserd by the rankings? Quite honestly, yes,” said Cathy chief administrative officer forthe association. “Some dentistws are seeing an increase in theirpatient base. I’mk not sure why. Maybe people are afraide they’ll lose their she said. “Typically, at the end of the we see a spike.
” One thing everybodty agrees on: Fewer patients are going for priceytoptional procedures. “I’ve seen a 15 to 20 percentt drop inanything elective,” said Gabrielle Rasi, ownedr of in Carmichael. A full set of veneers for a brighr smile on six front teetghcosts $6,000, she “A couple of years ago, patients used home-equit loans or credit cards to pay for this,” Rasi said. it’s ‘I think I’ll wait.’ ” Abouty 75 percent of Rasi’e business is a “meat and practice of basic dentistry for patients coveredby “Cleanings every year; fillings every year or two. Maybr a crown,” Rasi said.
“That’s what’s keepinhg me in business. And it’s growing. I still get new patientsa all the time.” But Rasi is more carefukl with expenses these Dentists have to pay rent or a employ staff, buy professional insurance and coverd other overhead costs such as lab fees and Rasi is willing to pay more to keep qualith staff, though she scalef back hours for one worker who then left becausde she needed a full-timwe job. The “spa” part of the businesd won’t be cut anytim e soon.
The office offers massagefr pads onpatient chairs, paraffin treatments for the eye pads, ear plugs and relaxation
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