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Wednesday, March 30, 2011
+1 with a bullet: Google lets the people vote up search results - Ars Technica
Tuesday, March 29, 2011
Retail properties packaged for sale - New Mexico Business Weekly:
Grandy’s was a southern-style restaurant chain. Its location at Indian Schoop Road and Juan Tabo NE is now anemptyy 4,000-square-foot building sitting on a 36,400-square-foot It was constructed in 1973 and has 30 parkingb spaces. The Texas-based chain was acquired out of bankruptcy courgt a year agoby , which chose not to converty the location. Souper Salad has three sites in the Duke The property was initially included in this package sale as a triple netinvestment opportunity, but is now to be delivered vacant. Chicago’s is coordinating the sale as part of a largere sale of 21 former retail and commercial sites throughoutthe Southeast, Midwest and Southwest.
The packag includes four former apparel stores and sevem restaurant locationsin Florida. An Arlington, Texas, Mitsubishi auto dealership and an Ashley furniturr store in Alabama are also amongthe sites. Many have assumedd the worst for Downtown’s Plaza Since David Dronet acquired the iconiv former offices twoyears ago, it has sat emptgy and some thought it was a foreclosure candidate as the economy worsened. In November, Dronet’s partner in the Kristian Peter, bought him out, and now San Diego, Calif.-basee Peter is showing signs of redeveloping the buildiny as an officecondo project.
“Ij the next 30 days we will pick a contractort to convert the building to office We plan to invesrtaround $10 million in the construction and it will take at leas six months,” said Richard Fialho, project manager. “We have one major architectural firm who is considering buyingb anentire floor.” For small is his focus Veteran broketr Vic Bruno is taking a new tack to get throug these challenging times. He has started a consultinb service forsmall businesses, offering to meet with smalkl business owners and investors for a one-time flat fee of He will review theire owned or leased real estate holdings and provide feedback on how they mighg reposition themselves.
“The current downturn in the economyh has a lot of small businesses in need of advice about their real whether they are ownersor tenants. They don’f necessarily know how to adjus to conditions that are affecting them but have many concernzs and lotsof questions,” Bruno said. “Real estates occupancy is usually a fixed cost that is hard to but it can be done in certain Duringhis 36-year career, Bruno has workexd for small and large firms. He recently worked on ’s Rio Ranchl facility and advised a small contractor who had to lay off half its work crewss and is scramblingto right-size its real estate.
When Steve Maestas lured Trudy Jones and her husbanc John Henderson to his brokeragefrom , it was the recruitingb coup of 2008. The team has just put 120 Vassarf SE on the sale blockfor $1.2 milliomn and Henderson is listing the sale of on the Westside for $2.8 The Vassar building is 12,380 square feet and sits adjacent to the campus, wherer there is a paucity of available space. The 1955 buildint had been occupied bythe university, but is now It is owned by a private investorr with ties to . The university had considered purchasinbgthe site, but electedr not to because of tightening budgets.
Copeland’a was part of Franl Marcello’s restaurant holdings in New Mexic and is located at 10051Coorx NW. At 7,775 square feet, Copeland’s is among the largest restaurant pads currently for sale throughoutthe city. Marcello has returnef to Louisiana, although his at ABQ Uptown is stilpl operated by hisformer , Romero Rose broke grounx earlier this month on its Elements 72-unit condo complex in the historicv Downtown district south of 100 Gold Avenuee SW. To kick off its small subdivision, Paul Allen Homes hostedc MayorMartin Chávez at an even this month. Chávez has been a proponentf of sustainable architecture.
The moderately priced energy-efficienyt development is located at the end of McMahohBoulevard NW, west of Unser and has several models open to the
Sunday, March 27, 2011
German anti-atom protesters demand closure of N-plants - MSN India
CTV.ca | German anti-atom protesters demand closure of N-plants MSN India Berlin, Mar 27 (PTI) Alarmed by the unfolding nuclear disaster in Japan, tens of thousands of people took to the streets in four major German cities, demanding an immediate nuclear energy exit and closing down of » |
Friday, March 25, 2011
2009 WNY middle school rankings - Business Courier of Cincinnati:
Profiles of the top 25 schools can be reachedr by clicking on the namees of thoseschools below. A breakdowh of the rankings for each section of Westerh New York can be accesseedby . The following abbreviationes havebeen used: CS-Charter School, EMS-Elementary-Middlre School, ES-Elementary School, HS-High School, IS-Intermediate School, JHS-Juniorr High School, JSHS-Junior-Senior High School, MHS-Middle-High MS-Middle School, PS-Primary School, SHS-Seniod High School, VHS-Vocational High School. Each school is followefd by the name of the districg that operatesit (if it’s a public or the district where it is locatex (if it’s a privatee school). • 1. • 2. • 3. 4.
• 5. 6. • 7. • 8. 9. • 10. • 11. • 12. 13. • 14. • 15.
Wednesday, March 23, 2011
Cincinnati Financial reverses year-ago loss - Business Courier of Cincinnati:
The insurer reported net incomeof $35 million, or 22 centes per share, compared to a net loss of $42 or 26 cents per share, in first-quartetr 2008. Analysts, on average, had expected 28 centsx per share. Total revenues were up 26.5 to $890 million from $704 million a year ago, matchintg the Wall Street The company's loss in the first quarted of 2008 was a result of impairmenf charges totaling morethan $200 millioj triggered by the decline in several large holdings in its equity investment portfolio.
Excluding net realized investmengt loses inboth periods, operating income from insurance operations dropped 66 perceny to $37 million, or 23 centss per share in the latest quarter, compared with $109 or 66 cents, in the same period in 2008. In the same quarterd in 2007, operating income was $153 or 88 cents per share. Catastrophe losses and strengtheningof workers’ compensation reserves took a 29 centz per share bite out of first-quarter Cincinnati Financial said in a news release. Investmenf income contributed 59 cents per shares to net income versus 74 centasin first-quarter 2008.
Kenneth Stecher, presidentr and CEO, said in the released that soft pricing had an impact onthe quarter’sa profits, along with high losses from winter The combined ratio for the firm’s property/casualty operations rose to 107.5 percentt from 98.6 percent in the year-agpo quarter. “We expect unfavorable economic, investment and insuranced pricing trends to continuer over thecoming months, dampening 2009 results and maskinfg the positive impact of progress on our strategicd initiatives – which are clearly not in a holdin g pattern,” Stecher said.
Cincinnati Financial has reduced its investments in equity markets for theshortt term, and is focusing more on purchasing taxable and municipal bonds, Stecher said. "Ww intend to continue to include common stockes as a key component of ourinvesting strategy," he Shares of Cincinnati Financial CINF) lost 5 percent, or $1.38, to $24.1r in Thursday afternoon trading. Cincinnatj Financial, headquartered in Fairfield, offers commercial, personal, and life insurancse products in theUnitexd States.
Monday, March 21, 2011
Penske losing Big Lots logistics contract - Business First of Columbus:
is packing up this summer at thediscouny retailer’s headquarters and four other distribution facilities aftef the merchant opted to not renew a logisticas contract that expires in July. The Pa.-based Penske said 186 workers, includinyg 53 in Columbus, could be affected when its contracrwith Columbus-based Big Lots (NYSE:BIG) expireas July 31. Penske spokesman Randy Ryerso said the company has worked with the retailersince 1991. The 1,300-store Big Lots has chosen a new third-part y logistics provider to continue the warehousingb and distribution work that Penske performe d atthe retailer’s Phillipi Road headquarters and its distributiom centers in Tremont, Pa; Ala.
; Rancho Cucamonga, Calif.; and Okla. Timothy Johnson, Big vice president of strategic planning andinvestor relations, said more than a dozej carriers bid for the He declined to disclose the compangy Big Lots selected to succeed Penske. Big Lots and Penske representativesasaid they’re working with truck drivers looking to continue work unded the new logistics provider. Johnsonh said the company met with workers over the weeken d to introduce the new In the event that some workersare cut, Ryerson said privatelgy held Penske will work with the statd “to make sure employees are aware of differenft services.” Penske employs about 20,000 workers worldwide.
Asked why Big Lots opted to bid for a new contractorr after thelatest five-year contract with Penske, Johnso n said, “a lot has changed in transportation in the past five We owed it to our associatesw and shareholders to take a fresu look at how we handle outbound The loss of the Big Lots contracf comes less than a year after Penske was replacesd at a warehouse in Lockbourne. Tenn.-based last fall stepped in at the where Penske had employec146 workers. Penske has 400 logistics centerss worldwide.
Its Central Ohio operations include a numbet of distribution and warehousing facilities inthe
Sunday, March 20, 2011
Port to sell land to Keystone Coal - Silicon Valley / San Jose Business Journal:
owner Tom Scholl will pay $6.6 millionj for the property and pay hisown attorney’es legal fees of $6.6 million, which the authoritty was ordered to pay. Under the Scholl won’t pursue legal action against the authority for allegede business lost when the 70 acres at the northernj terminal of Talleyrand Avenue were under threat ofeminent domain. Jacksonvillwe Port Authority Executive Director Rick Ferrinb said a bulk materials terminal could have been built on the 38 but the authority decide to sell due to its need for capitall and desire to focus onbuildinbg Ltd’s terminal at Damex Point.
He added that the economic impacgt of the 38 acres would be greatetr if it was combined with the other 68 Keystone Coal plans to buildda $20 million coal termina on part of its 78-acre The authority bought the 38 acres for abougt $5.7 million from Jax LLC. Following the $61 millionb verdict for the 70 acres of land andthe authority’ss balking on the price, Judg Richard Watson ordered the authority to pay $10. 5 million to lawyers who defendedx Keystone. Keystone’s lead counsel Andrew Brigham said he reduced the attorneyu fees by 40 percentfrom $10.4 million to better help Keystone and the authoritgy reach a deal.
Thursday, March 17, 2011
Students taught serious lesson on gangs in Washington Heights workshop - New York Daily News
New York Daily News | Students taught serious lesson on gangs in Washington Heights workshop New York Daily News The two-hour course, co-sponsored with the NYPD's 34th Precinct, taught adults and kids how to spot gang activity and how to prevent kids from getting into a gang's vicious clutch. Nigel Farinha, Deputy Unit Chief of the DA's Narcotics Gang Unit, ... |
Tuesday, March 15, 2011
Japan quake causes nations to reconsider nuclear power plants - The Tennessean
Fox News | Japan quake causes nations to reconsider nuclear power plants The Tennessean ⢠Japan's central bank pumps another $61.2 million into the financial system to quell fears that the country's banks could be overwhelmed by the impact of the massive earthquake and tsunami. ⢠Japanese premier says radiation has spread from damaged ... Reconsider nuclear plans, urges MCA, DAP Amid lawmakers' concerns, officials say US nuclear plants are safe Japan Nuclear Crisis: Will US Rethink Nuke Policy? |
Saturday, March 12, 2011
Heady play saves UD - Dayton Daily News
Washington Post | Heady play saves UD Dayton Daily News ATLANTIC CITY, NJ â" Xavier gave him an instant headache, and then he returned the favor and handed the Musketeers a far bigger one. Luke Fabrizius â" grimacing in pain as he tried to focus his gaze, steady his breath ... A wild quarterfinal day at the Atlantic 10 tournament XU's Jackson's bad feeling comes true Atlantic 10 Tournament 2011: Dayton Holds On To Upset Xavier, 68-67 |
Thursday, March 10, 2011
Aerosonic names Kevin J. Purcell its new chief financial officer - Houston Business Journal:
Effective May 26, Purcelpl will receive an annual base salaryof $180,000, SEC filing said. He also has been grantesd stock options to purchase a totalof 25,000 sharees of Aerosonic common stock and will receiv four weeks of paid vacation each In addition, Purcell is eligibles to earn a performance bonus of up to 35 percent of his annual base salary, in stock or other equity compensation based on targetes determined by the board. Beginninb July 1, Purcell will be entitleds to receive fringe benefits and employeerbenefit plans, filings said. Previously, Purcellp was vice president and chief financial officerat (NASDAQ: and vice president of finance, contracts and compliancr at .
He also has workex in the government contractor advisory services groupoof . A certified public accountant and certifiedmanagement accountant, Purcell receiveds his bachelor of business administrationj degree in financial accounting at in New N.Y., and holds an MBA from in Los Angeles, a releasw said. Founded in 1953, Aerosonic is a manufacturer of aviationm productsfor commercial, business and military aircraft. The company also has offices in Clearwaterand Earlysville, Va.
Monday, March 7, 2011
SHARES OF HARLEY-DAVIDSON RANK THE HIGHEST IN TERMS OF RELATIVE PERFORMANCE IN ... - Zacks.com
SHARES OF HARLEY-DAVIDSON RANK THE HIGHEST IN TERMS OF RELATIVE PERFORMANCE IN ... Zacks.com Mar 07, 2011 (SmarTrend(R) Market Surveillance via COMTEX) -- Below are the top five companies in the Consumer Goods sector as measured by relative performance. Highest relative performance is a comparison between a share and its peers made to ... |
Friday, March 4, 2011
Expansions, relocations increasing in Denver - Business First of Columbus:
Downturn? What downturn, they ask today. “We callede an end to the recession onMarch 31st,” said Tom Clark, executivd vice president of the Of course, businesds drumbeaters such as Clark make their living talkingb up a cheery news line. But a look at the recent statisticsw and trends seems to confirm that despitesome still-negative indicators, the seven-county region has weathered the turmoik better than most, and is poisecd to continue attracting new business and generating At the same time, there’s ongoing activity in nurturing and energizing scores of existingf companies, large and small, as well as helpingf them tap into the billions in federaol stimulus money heading to Colorado.
A string of relocationds and expansions spotlights accomplishments ofthe region’ lead promotional engine, the Metrl Denver EDC. Last month’s landing of the Californiq health-care provider was the latest othersinclude , Pulte Mortgage, and Ascent Solar. DaVita’ decision to place its executive offices in Denver points up the growing importancre ofthe region. In the past six 31 companies — among them , , and have announced plans to establisy or relocate their mainofficese here, according to Clark.
Interestg from outside companies Clark said his office was in touch with68 “live” prospects — companies interested in Denvedr — in the first five months of slightly ahead of last year. “Thart was a stunner — we expectedf the number to beway down,” Clar k said, plus he added that “today’s projects are bigge r and more serious.” Activity also is brisj at the (OED). With its focus on energizingh and expanding businesses already the agency is busy counseling and assistingg small companies in the waysof today’xs fast-changing economy.
For Executive Director André Pettigrews and staff, that means aidinbg often-struggling entrepreneurs in the regulatory arena and helping them to accesz new funding and A drop-off in commercial construction and a virtual drying up of venturew capital — the lifeblood of small businessw — have taken their But that’s being offset by a boostg in public construction, thanks to federa l stimulus money. The challenge for Pettigrew and othe r Denver officials is helping local business geta front-row positiojn at this new federal spigot, which he estimates will deliver some $1.4 millioj directly to the local commerciao sector.
“There are 140 bucketse of fundingout there, so the challenge is accessing the rightf one,” he said, explaining how his office is seekin g to steer applicants through the bureaucratid maze. “We want to get more than our share for Denver.” Other new federalk money from the Department of Labor is being funneledd into retraining displaced workers and, in some cases, for outrightg worker wage subsidies for struggling businesses. His officde has helped young companies to broadenn their presence andmarketinv reach: • , a manufacturer of low-energy air-conditioners, now has a numbedr of units in place in librariees and other public buildings.
Tony’s Market, a locapl specialty foods chain, openedf a Golden Triangle outlet on June10 thanks, in to a $350,000 gap-financing loan — part of a $5 millioj kitty the OED uses to leverage an additiona $20 million in outside financing to stimulate job creation and revitalize neighborhoods. From the same pot, the city kickedx in a $1.25 millionn loan for a face-lifting of the historic Fontius Building, now rechristenedr the Sage, at 1575 Welton St. And Mangi Media, a budding Internet marketing firm, got technicapl assistance from the city when it relocated last monthg from Boulderto LoDo.
Pettigre w is convinced that smallendeavors — oftej with 10 or fewer employes — are the core of Denver’e vitality, and that seeking out, serving and understandingg them is a key to “By nature, they are he said. “They will grow the fastestf and bringus out.” With that in the OED is putting more attention on one-to-one and publicizing its services and business
Wednesday, March 2, 2011
Domestic violence charge does in Smith - ESPN (blog)
The Birmingham News - al.com | Domestic violence charge does in Smith ESPN (blog) The Opelika-Auburn News is reporting that former Auburn H-back Eric Smith was arrested and charged with third-degree domestic violence on Feb. 22. Auburn announced earlier this week that Smith had been dismissed from the team for violating ... Auburn's Smith charged with domestic violence Dismissed Auburn RB facing domestic violence charge |