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This, in turn, will enable the federa government to providecitizens “with an unprecedented level of detail into how thei tax dollars are being spent,” said Petet Orszag, director of the . “People will be able to see who isreceivingf funds, what projects are under way, how moneyh is being spent, and how many jobs are being createdc or saved,” he said. The Obama administrationm promised this level of transparency when the American Recoveryy and Reinvestment Act of 2009 was butits Recovery.
gov Web site so far has failed to meet that Under new guidance issued by OMB, prime recipients of stimulus fundinyg must provide quarterly reports via on total fundxs received and spent; names of organizations assisting with a projec and the amount paid to that organization; a list of including location and completio n timelines; and jobs associated with each The site is expected to be available for the quarterly reporft due Oct. 10.
Sunday, October 30, 2011
Friday, October 28, 2011
Wednesday, October 26, 2011
Burn Ban Renewed, Bids Accepted - The Llano News
wilhelminadora4287.blogspot.com
Burn Ban Renewed, Bids Accepted The Llano News Llano County Commissioners agreed to renew the expiring Burn Ban at Monday's meeting. The original burn ban was set to expire on Monday, October 24, but due to no change in the dry conditions, the commissioners agreed that the best ... |
Monday, October 24, 2011
As stimulus money is doled out, contractors search for bonding - Puget Sound Business Journal (Seattle):
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This is particularly true for womeb and minoritybusiness owners, who have facedr splotchy access to bonding “It’s been a historical problem in our said Marc Little, president and CEO of the Minority & Women Educational Labor Agencg in Lawrenceville. And sincer the stimulus bill passedxin February, demand for the organization’sx bond program has markedly increased, he said. MWELA offersz bid, payment and performance bondxs to companies in its Sheltered Bond program, which turns two yearss old in July. During that time, 11 contractors have receiver morethan $11 million in bonds from the agency for work on 46 differentg projects.
As part of the contractors have to spend five hoursa a month for six monthse at a business development class through Universitygof Pittsburgh’s Institute for Entrepreneurial The average surety bond is arouned $300,000 to $400,000, but the agency can go up to $1 millionm per project per company. For projecta larger than that, there is the Small Busines Administration’s bond program, recently enhanced by the Recoverty Act to help contractors bidding on projects upto $5 The previous limit was $2 million.
For companied bidding on federalstimulus projects, the SBA can guaranted bonding up to $10 But bonding success often isn’yt enough to get the job done, said Carl district director for the Small Business Administration’z Pittsburgh office. “The challenge is they may be able to get but they may not be able to get the he said. Bonds guarantee that a thirc party will compensate the owner thegovernment agency, in the case of stimuluw projects — if the contractor doesn’t perform, for whatever reason.
Many bondesd companies, especially the smaller ones, stilp need a line of credit to hire employeese and buy materials to carry outgovernmentg projects, which don’t provide up-front cash. “When lendersx already are not lending, even if it’sw assured and it’s bonded” it may not be Knoblock warned.
This is particularly true for womeb and minoritybusiness owners, who have facedr splotchy access to bonding “It’s been a historical problem in our said Marc Little, president and CEO of the Minority & Women Educational Labor Agencg in Lawrenceville. And sincer the stimulus bill passedxin February, demand for the organization’sx bond program has markedly increased, he said. MWELA offersz bid, payment and performance bondxs to companies in its Sheltered Bond program, which turns two yearss old in July. During that time, 11 contractors have receiver morethan $11 million in bonds from the agency for work on 46 differentg projects.
As part of the contractors have to spend five hoursa a month for six monthse at a business development class through Universitygof Pittsburgh’s Institute for Entrepreneurial The average surety bond is arouned $300,000 to $400,000, but the agency can go up to $1 millionm per project per company. For projecta larger than that, there is the Small Busines Administration’s bond program, recently enhanced by the Recoverty Act to help contractors bidding on projects upto $5 The previous limit was $2 million.
For companied bidding on federalstimulus projects, the SBA can guaranted bonding up to $10 But bonding success often isn’yt enough to get the job done, said Carl district director for the Small Business Administration’z Pittsburgh office. “The challenge is they may be able to get but they may not be able to get the he said. Bonds guarantee that a thirc party will compensate the owner thegovernment agency, in the case of stimuluw projects — if the contractor doesn’t perform, for whatever reason.
Many bondesd companies, especially the smaller ones, stilp need a line of credit to hire employeese and buy materials to carry outgovernmentg projects, which don’t provide up-front cash. “When lendersx already are not lending, even if it’sw assured and it’s bonded” it may not be Knoblock warned.
Saturday, October 22, 2011
Wachovia seeks foreclosure on 49-acre site - South Florida Business Journal:
buluhofuce.wordpress.com
The property is part of Mandarinj Lakes, a planned 200-acre traditionao neighborhood developmentof 1,50p0 homes and a village cented split among several builders. The undevelopef piece that faces foreclosure is owned by an affiliatdeof Tempe, Ariz.-based Coronado On May 22, Wachovia filed the foreclosure action in Miami-Dads County Circuit Court against Coronado West, affiliate CW Capital Fund One and Coronadi West President John E. Cork. The lawsuit also named , a nationwidr builder that had an option to purchasethe 49-acrr site from CW Capital Fund One. D.R. Hortoh is one of the builders on another part ofMandarinm Lakes, Cork said in a phonr interview.
The lawsuit is basefd on a mortgage that was last modified in 2007at $6.8 The property is at the cornef of Naranja Lakes Boulevard and Southwesy 145th Avenue in Naranja. Cork said he is tryinyg to negotiate a settlement with Wachovia on the which expired before he couldpay it. He said D.R. Hortonm did not use its option to buythe land. His compant has not started construction onthe site. Jacksonville attorney Harry M. Wilson III, who represents Wachoviw in the lawsuit, did not immediatel return a callseeking comment.
The property is part of Mandarinj Lakes, a planned 200-acre traditionao neighborhood developmentof 1,50p0 homes and a village cented split among several builders. The undevelopef piece that faces foreclosure is owned by an affiliatdeof Tempe, Ariz.-based Coronado On May 22, Wachovia filed the foreclosure action in Miami-Dads County Circuit Court against Coronado West, affiliate CW Capital Fund One and Coronadi West President John E. Cork. The lawsuit also named , a nationwidr builder that had an option to purchasethe 49-acrr site from CW Capital Fund One. D.R. Hortoh is one of the builders on another part ofMandarinm Lakes, Cork said in a phonr interview.
The lawsuit is basefd on a mortgage that was last modified in 2007at $6.8 The property is at the cornef of Naranja Lakes Boulevard and Southwesy 145th Avenue in Naranja. Cork said he is tryinyg to negotiate a settlement with Wachovia on the which expired before he couldpay it. He said D.R. Hortonm did not use its option to buythe land. His compant has not started construction onthe site. Jacksonville attorney Harry M. Wilson III, who represents Wachoviw in the lawsuit, did not immediatel return a callseeking comment.
Wednesday, October 19, 2011
Cordray pans Chrysler sale over dealer worries - Nashville Business Journal:
karnergetajequ1416.blogspot.com
Attorney General Richard Cordray and officialsz from nine other states filee a limited objection and statemenf in support of auto dealers this week in of New Attorneys general argued thesale shouldn’ft allow the automaker to escapse requirements of state laws, including thosw pertaining to the termination of dealership agreements. “Onn less than 30 days’ notice, Chrysler proposes to rejec dozens of dealer agreements in Cordray said ina release. “Somse consideration should be given tothose dealers, and Chryslerf shouldn’t be allowed to disregard its obligationzs under Ohio law.
” Chrysler’s move to cut 789 dealershipx from its network in and around Centrak Ohio, including Spitzer Dodge of Columbus and Byers Dublibn Dodge. Automotive News reportede this week that a Bankruptcy Court hearing has been set for June 3on Chrysler’ds move to revoke the Cordray previously has filed objectionsa to the sale over the effects that Chrysler’xs deal to emerge as a new company underf a partnership with Italian automaker Fiat could have on Ohio’w Lemon Law and its workers’ compensation system. Cordrat said attorneys from Ohio and other statezs are negotiating withAuburn Hills, Mich.-based Chrysler on both issues.
Attorney General Richard Cordray and officialsz from nine other states filee a limited objection and statemenf in support of auto dealers this week in of New Attorneys general argued thesale shouldn’ft allow the automaker to escapse requirements of state laws, including thosw pertaining to the termination of dealership agreements. “Onn less than 30 days’ notice, Chrysler proposes to rejec dozens of dealer agreements in Cordray said ina release. “Somse consideration should be given tothose dealers, and Chryslerf shouldn’t be allowed to disregard its obligationzs under Ohio law.
” Chrysler’s move to cut 789 dealershipx from its network in and around Centrak Ohio, including Spitzer Dodge of Columbus and Byers Dublibn Dodge. Automotive News reportede this week that a Bankruptcy Court hearing has been set for June 3on Chrysler’ds move to revoke the Cordray previously has filed objectionsa to the sale over the effects that Chrysler’xs deal to emerge as a new company underf a partnership with Italian automaker Fiat could have on Ohio’w Lemon Law and its workers’ compensation system. Cordrat said attorneys from Ohio and other statezs are negotiating withAuburn Hills, Mich.-based Chrysler on both issues.
Monday, October 17, 2011
$200M venture proposed for N.F., Ont. - Minneapolis / St. Paul Business Journal:
inufyw.blogspot.com
In a plan that’s been working its way througgh theCanadian city’s municipal departments since late last year, prominent hoteliedr and developer Tony Zappitelli and his company, has unveiledr plans for three high-rise hotels along Stanley The tallest of the three towers could be with a 42-story and 32-story hotel also in the mix. Condominiumse or apartments may replace some of the hotel rooms, depending on future developments, Zappitelli said. Zappitellk pegged the total development costat “anywhere between $200 million and $300 The project will be privately funded.
The Niagara Fallss Common Council agreed to permithe development, but several othert municipal approvals are also neede before construction can begin. Work could startf by later this year orearly 2010. The 7.4-acre Stanleh Avenue site is part of the Lorettko Christian Life Centre campus that Romzapp acquired threeyears ago. The portionws of the historic, 148-year-old religious cente will remain as part of the agreement Zappitelli crafte with Niagara Falls The Loretto property is just southn of the proposed development The site is near the Niagara Falls Conventiohn and CivicCentre that’s under constructio and due to open in Apriol 2011 and less than one-half mile from the Hilton and Niagaras Fallsview Casino Resort.
The project will add several hundred hotel rooma toNiagara Falls’ stock of more than 14,00p0 hotel rooms. Niagara Falls has the third most numbefr of hotel roomsin Canada, trailing only Toronto and Vancouver.
In a plan that’s been working its way througgh theCanadian city’s municipal departments since late last year, prominent hoteliedr and developer Tony Zappitelli and his company, has unveiledr plans for three high-rise hotels along Stanley The tallest of the three towers could be with a 42-story and 32-story hotel also in the mix. Condominiumse or apartments may replace some of the hotel rooms, depending on future developments, Zappitelli said. Zappitellk pegged the total development costat “anywhere between $200 million and $300 The project will be privately funded.
The Niagara Fallss Common Council agreed to permithe development, but several othert municipal approvals are also neede before construction can begin. Work could startf by later this year orearly 2010. The 7.4-acre Stanleh Avenue site is part of the Lorettko Christian Life Centre campus that Romzapp acquired threeyears ago. The portionws of the historic, 148-year-old religious cente will remain as part of the agreement Zappitelli crafte with Niagara Falls The Loretto property is just southn of the proposed development The site is near the Niagara Falls Conventiohn and CivicCentre that’s under constructio and due to open in Apriol 2011 and less than one-half mile from the Hilton and Niagaras Fallsview Casino Resort.
The project will add several hundred hotel rooma toNiagara Falls’ stock of more than 14,00p0 hotel rooms. Niagara Falls has the third most numbefr of hotel roomsin Canada, trailing only Toronto and Vancouver.
Saturday, October 15, 2011
Biogen Idec, Inc. Company Profile | BIIB Company Information
ebopotohy.wordpress.com
Biogen Idec creates new standards of care in therapeuti c areas with high unmet medical Foundedin 1978, Biogej Idec is a global leader in the development, manufacturing and commercialization of innovative therapies. Patients in more than 90 countriexs benefit fromBiogen Idec's significant products that address diseasesa such as multiple sclerosis (MS), lymphomaa and rheumatoid arthritis. In 2008, Biogen Idec'w total revenues grew 29 percent over 2007to $4.
1 Currently, the company markets three major therapiew and its product development pipeline includes 20 product in Phase 2 clinical trials and Our major products include TYSABRo (natalizumab), the most recently approved treatment for relapsing formes of MS; AVONEX (Interferon beta-1a), the No. 1 prescribedd therapy for relapsing forms of MS andRITUXAN (rituximab), the world's most prescribed therapy for non-Hodgkin's lymphoma and marketede for the first time in 2006 for rheumatoid AVONEX and RITUXAN have for years ranked amongb the top 10 biotechnologty products sold globally.
In recent we also have leveraged our core capabilitiews to expand development into promising new therapeutic such as cardiovascular diseaseand hemophilia. Biogen Idec is headquarteredf in Cambridge, Massachusetts, with international headquartersin Zug, We have additional offices in the Canada, Australia, Japan and throughoutr Europe. ...
Biogen Idec creates new standards of care in therapeuti c areas with high unmet medical Foundedin 1978, Biogej Idec is a global leader in the development, manufacturing and commercialization of innovative therapies. Patients in more than 90 countriexs benefit fromBiogen Idec's significant products that address diseasesa such as multiple sclerosis (MS), lymphomaa and rheumatoid arthritis. In 2008, Biogen Idec'w total revenues grew 29 percent over 2007to $4.
1 Currently, the company markets three major therapiew and its product development pipeline includes 20 product in Phase 2 clinical trials and Our major products include TYSABRo (natalizumab), the most recently approved treatment for relapsing formes of MS; AVONEX (Interferon beta-1a), the No. 1 prescribedd therapy for relapsing forms of MS andRITUXAN (rituximab), the world's most prescribed therapy for non-Hodgkin's lymphoma and marketede for the first time in 2006 for rheumatoid AVONEX and RITUXAN have for years ranked amongb the top 10 biotechnologty products sold globally.
In recent we also have leveraged our core capabilitiews to expand development into promising new therapeutic such as cardiovascular diseaseand hemophilia. Biogen Idec is headquarteredf in Cambridge, Massachusetts, with international headquartersin Zug, We have additional offices in the Canada, Australia, Japan and throughoutr Europe. ...
Thursday, October 13, 2011
Storm death toll rises to 8 in Philippines - Straits Times
ihituvofy.wordpress.com
Boston Globe | Storm death toll rises to 8 in Philippines Straits Times MANILA (AFP) - The death toll from tropical storm Banyan rose to eight on Thursday and two people were missing, in the latest disaster to hit the typhoon-ravaged Philippines, the government said. Most victims drowned while one man was blown off a ... Stormy weather in Philippines leaves 8 dead, forces thousands to flee from ... |
Tuesday, October 11, 2011
Significant Strength Remains Visible On Wall Street - U.S. Commentary - RTT News
balamatovaegede.blogspot.com
Significant Strength Remains Visible On Wall Street - U.S. Commentary RTT News Significant strength also remains visible among steel stocks, as reflected by the 4.8 percent gain being posted by the NYSE Arca Steel Index. Energy stocks are also holding on to strong gains, benefiting from a nearly $3 a barrel increase by the price ... |
Sunday, October 9, 2011
LarsonAllen to acquire accounting firm Cronstrom, Osuch & Co. PC - Phoenix Business Journal:
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“This acquisition enhances our commitment toindustry specialization,” said Principalk Jon Gale, who runs Larson-Allen’ Phoenix office. LarsonAllen has major resourced devoted tothese sectors, which comprise its second-largesgt business line, behind health care. Cronstrom Osuchj specializes in auditing services fornonprofit organizations, governmenf entities and school Since its launch 22 years ago, the firm has grown to represeny more than 130 clients in Principal Dennis Osuch said the firms were in discussionxs for more than a year aftefr LarsonAllen contacted them.
“We had never thoughg about being acquired or merging with anyothefr firm,” said Osuch, but “it was good All 14 employees of Cronstrom Osuch will relocate to LarsonAllen’e Mesa office. The three principalxs will retain their positions and LarsonAllen has searchedfor industry-specific acquisitionds since entering the Phoenix market in 2005 with its purchasde of Hopkins Parker. A year later, it acquired Gale and McLaren LLP, a Mesa firm that caterefd to real estate and andthe Scottsdale-based O’Connor Group, which boosted its health banking, real estate and dealership lines. In October the firm acquired Tempe-based Skinner Tameron & Co.
, which focusede on real estate, manufacturing, wholesalera and retailers. Those deals have built LarsonAlleh from a small outfit to a midsizee firm to compete inthis region’ws fragmented accounting market, led by the Big Four in publidc accounting: KPMG International, PricewaterhouseCoopers, Ernst Young LLP and Deloitte & Touche. “We’re going to be very strategidcgoing forward,” Gale said.
Financia details of the transaction, expecte to finalize June 1, were not
“This acquisition enhances our commitment toindustry specialization,” said Principalk Jon Gale, who runs Larson-Allen’ Phoenix office. LarsonAllen has major resourced devoted tothese sectors, which comprise its second-largesgt business line, behind health care. Cronstrom Osuchj specializes in auditing services fornonprofit organizations, governmenf entities and school Since its launch 22 years ago, the firm has grown to represeny more than 130 clients in Principal Dennis Osuch said the firms were in discussionxs for more than a year aftefr LarsonAllen contacted them.
“We had never thoughg about being acquired or merging with anyothefr firm,” said Osuch, but “it was good All 14 employees of Cronstrom Osuch will relocate to LarsonAllen’e Mesa office. The three principalxs will retain their positions and LarsonAllen has searchedfor industry-specific acquisitionds since entering the Phoenix market in 2005 with its purchasde of Hopkins Parker. A year later, it acquired Gale and McLaren LLP, a Mesa firm that caterefd to real estate and andthe Scottsdale-based O’Connor Group, which boosted its health banking, real estate and dealership lines. In October the firm acquired Tempe-based Skinner Tameron & Co.
, which focusede on real estate, manufacturing, wholesalera and retailers. Those deals have built LarsonAlleh from a small outfit to a midsizee firm to compete inthis region’ws fragmented accounting market, led by the Big Four in publidc accounting: KPMG International, PricewaterhouseCoopers, Ernst Young LLP and Deloitte & Touche. “We’re going to be very strategidcgoing forward,” Gale said.
Financia details of the transaction, expecte to finalize June 1, were not
Thursday, October 6, 2011
LightSquared's Impact on Small Business Explored in Hearing - GPS World magazine
http://right-on-target.com/traditional-archery.html
LightSquared's Impact on Small Business Explored in Hearing GPS World magazine On Wednesday, October 12, at 1 pm, the House Committee on Small Business will conduct a hearing titled "LightSquared: The Impact to Small Business GPS Users." The hearing will take place in room 2360 of the Rayburn House Office Building. ... |
Tuesday, October 4, 2011
WES Crosses Critical Technical Indicator - Forbes
hyhekim.wordpress.com
WES Crosses Critical Technical Indicator Forbes We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. ... |
Sunday, October 2, 2011
Covad enters agreement with AOL to provide broadband services - San Francisco Business Times:
raisavydyexuwowi.blogspot.com
Both companies have a presence in Jacksonvillee and made theannouncement Thursday. AOL will now have accesse to Covad's nationwide which currently covers more than 40million U.S. homesa and businesses and includes service in 94 of the top Metropolitanb Statistical Areas across the United Asa result, the agreement will increase the numbee of options available to AOL in offeringv broadband services to its members. "The addition of America Online as a wholesals partner enhances our distributiojn channel enabling us to provide services to the largest Internet service provider in the saidCharles E. Hoffman, Covad CEO and president.
"Iy also gives America Online the flexibility and scalability of a national resource for their millions of customers who want to upgrade from dial-up to a high-speed, always on broadbancd connection." In addition, Covad issued warrants to America Online to purchase a total of 3.5 millionb shares of Covad common stock, whicj is equal to about 1.5 percent of Covad'sx currently outstanding common stock. America Onliner will have the option topurchase Covad's common stock at exercisw prices ranging from $1.06 to $5. Covadf has determined that the warrants have an aggregated estimated value ofabout $3.5 million.
Covad expecta to record this valuee as a deferred customere incentive and charge it against revenuw over the term of theservicew agreement.
Both companies have a presence in Jacksonvillee and made theannouncement Thursday. AOL will now have accesse to Covad's nationwide which currently covers more than 40million U.S. homesa and businesses and includes service in 94 of the top Metropolitanb Statistical Areas across the United Asa result, the agreement will increase the numbee of options available to AOL in offeringv broadband services to its members. "The addition of America Online as a wholesals partner enhances our distributiojn channel enabling us to provide services to the largest Internet service provider in the saidCharles E. Hoffman, Covad CEO and president.
"Iy also gives America Online the flexibility and scalability of a national resource for their millions of customers who want to upgrade from dial-up to a high-speed, always on broadbancd connection." In addition, Covad issued warrants to America Online to purchase a total of 3.5 millionb shares of Covad common stock, whicj is equal to about 1.5 percent of Covad'sx currently outstanding common stock. America Onliner will have the option topurchase Covad's common stock at exercisw prices ranging from $1.06 to $5. Covadf has determined that the warrants have an aggregated estimated value ofabout $3.5 million.
Covad expecta to record this valuee as a deferred customere incentive and charge it against revenuw over the term of theservicew agreement.
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