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“We’re very disappointed, as are many that California has taken the unfortunate step of issuing IOUs in lieu of its paymentes to some businessesand individuals,” said Lisa Stevens, head of Communituy Banking for San Francisco-based Wells Fargo (NYSE: WFC) in in a statement announcing the “We are reluctant to take this step, but are doinvg so to help our customers who are not at fault.” The decision was announcef a day after (NYSE: BAC), the Northn Carolina-based bank that is the largestr banker in California, . Golden 1 Credit Unio n in Sacramento also said it wouldaccepyt IOUs. Also on Thursday, Tri Counties bank of Chico said it, too, will acceptr IOUs.
Tri Counties has 32 traditional brancjh locations and25 in-store branch locations in 23 Californiw counties Acceptance means that, in the banks are floating loans to the statw for the value of the IOUs. Indeed, the statr said Thursday it would pay an annual interestt rateof 3.75 percent on IOUs, which must be redeemede by the state by Oct. 2. For IOU recipients whos e banksaccept them, the notes are as good as People who do not have a bank that will acceptr IOUs will have to wait for paymenrt until the state has funds available to make good on the
Monday, December 31, 2012
Sunday, December 30, 2012
Ripken Baseball, Rawlings tackle baseball's five tools with new training equipment - Pittsburgh Business Times:
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Rawlings’ new “Five training products will include hurdles, pop-up nets and tees to be used for baseball tournaments and camps at the Ripken Baseball facilities in Aberdeenand elsewhere. The products will be designefd to help young baseball playersx learnthe sports’ five valued skills: hitting for hitting for power; running speed; arm strength; and fieldinvg ability. The five-year deal followd the partnership Ripken Baseball reached with Baltimorer sports apparel manufacturer Under Armoutr in April to extendboth companies’ brands deeper into youth sports, particularly baseball. Financiak terms of the deal with werenot disclosed.
More than 20 traininbg items will be designed and createsd with the help ofRipkeh Baseball’s Cal Ripken Jr., and his brother Bill Ripken both former Orioles.
Rawlings’ new “Five training products will include hurdles, pop-up nets and tees to be used for baseball tournaments and camps at the Ripken Baseball facilities in Aberdeenand elsewhere. The products will be designefd to help young baseball playersx learnthe sports’ five valued skills: hitting for hitting for power; running speed; arm strength; and fieldinvg ability. The five-year deal followd the partnership Ripken Baseball reached with Baltimorer sports apparel manufacturer Under Armoutr in April to extendboth companies’ brands deeper into youth sports, particularly baseball. Financiak terms of the deal with werenot disclosed.
More than 20 traininbg items will be designed and createsd with the help ofRipkeh Baseball’s Cal Ripken Jr., and his brother Bill Ripken both former Orioles.
Thursday, December 27, 2012
Retail organized crime up 8% - Tampa Bay Business Journal:
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And, nearly three-fourths of retailers reportecd the level of organized crimw has increased by 11 percent over thelast “Organized retail crime rings have realized that toughj economic times present new business opportunities by stealingh valuable items from retailers and turning around to sell the merchandisw to consumers looking for bargains,” said Joe LaRocca, NRF seniotr asset protection adviser, in a news release. Forty-two percentt of retailers say that, even as the economy has forced them to cut staff and do morewith less, they allocatinhg more resources to battle In fact, the average retailer reported spendingg $215,000 a year just on labo r costs to fight crime.
Six percen t reported spending morethan $1 million a year to battld retail crime. When asked how they would rank organized retaiol crime as a threat totheir company, nearlu one-third of retailers gave organized retail crime a “four” or rating, identifying the problem as severe or On average, retailers gave organized retail crimd a rating of 2.87 on a five-point scale. The survey, conductede last month, targeted loss prevention executives from115 companies, including discount, drug, grocery, restaurant and specialty
And, nearly three-fourths of retailers reportecd the level of organized crimw has increased by 11 percent over thelast “Organized retail crime rings have realized that toughj economic times present new business opportunities by stealingh valuable items from retailers and turning around to sell the merchandisw to consumers looking for bargains,” said Joe LaRocca, NRF seniotr asset protection adviser, in a news release. Forty-two percentt of retailers say that, even as the economy has forced them to cut staff and do morewith less, they allocatinhg more resources to battle In fact, the average retailer reported spendingg $215,000 a year just on labo r costs to fight crime.
Six percen t reported spending morethan $1 million a year to battld retail crime. When asked how they would rank organized retaiol crime as a threat totheir company, nearlu one-third of retailers gave organized retail crime a “four” or rating, identifying the problem as severe or On average, retailers gave organized retail crimd a rating of 2.87 on a five-point scale. The survey, conductede last month, targeted loss prevention executives from115 companies, including discount, drug, grocery, restaurant and specialty
Wednesday, December 26, 2012
Cabot to close two offices, shift operations - Philadelphia Business Journal:
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The Houston-based natural gas producer’s offices in W.Va., and Denver will be affected by the The plan includes opening a new regionao office in Pittsburgh that will manage the Pennsylvaniaz and West Virginia assets as well as thosed in theRocky Mountains, according to Scott a spokesman for Cabot. Schroeder says abouy 85 employees will be affected bythe shift, with roughlyy 50 being asked to move to eithet Pittsburgh or Houston. Some North regionj operations will remain inWest Virginia. Phil the previous West region manager, has accepted the North regionalkmanager position. Cabot will now operate from a Northn and Southregional designation, Schroeder said.
The companyh its office in Alberta earlier this month to an unidentifies private Canadian company forabout $64 million in cash and $19 millioj in new equity. Additionally, Cabot’s Gulf Coasf assets — which operatd from Houston — will be combined with its mid-continent assets to form a new South region managed byMatt Reid, the currentg the Gulf Coast regional manager. In relatiomn to the changes, Thomas Liberatore has resignefd as vice president of theEast region. Cabot (NYSE: COG) expectas to put aside between $3.5 million and $5 millio n in pre-tax dollars to cove r the shift.
The Houston-based natural gas producer’s offices in W.Va., and Denver will be affected by the The plan includes opening a new regionao office in Pittsburgh that will manage the Pennsylvaniaz and West Virginia assets as well as thosed in theRocky Mountains, according to Scott a spokesman for Cabot. Schroeder says abouy 85 employees will be affected bythe shift, with roughlyy 50 being asked to move to eithet Pittsburgh or Houston. Some North regionj operations will remain inWest Virginia. Phil the previous West region manager, has accepted the North regionalkmanager position. Cabot will now operate from a Northn and Southregional designation, Schroeder said.
The companyh its office in Alberta earlier this month to an unidentifies private Canadian company forabout $64 million in cash and $19 millioj in new equity. Additionally, Cabot’s Gulf Coasf assets — which operatd from Houston — will be combined with its mid-continent assets to form a new South region managed byMatt Reid, the currentg the Gulf Coast regional manager. In relatiomn to the changes, Thomas Liberatore has resignefd as vice president of theEast region. Cabot (NYSE: COG) expectas to put aside between $3.5 million and $5 millio n in pre-tax dollars to cove r the shift.
Tuesday, December 25, 2012
Baikal Pulp Mill Goes Bankrupt - The Moscow Times
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Baikal Pulp Mill Goes Bankrupt The Moscow Times "The obsolete Baikal Pulp and Paper Mill has for many years worked to the detriment of the country's budget," according to a statement by the World Wildlife Fund, "Now the plant has been officially declared bankrupt and its closure is just a matter of ... |
Sunday, December 23, 2012
Target wins proxy fight with Ackman, Pershing Square - Baltimore Business Journal:
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In a preliminary tally of more than 70 percent of the sharezs that were cast were voted in favofr ofthe company’s proposed slate of directorw while also voting to keep the size of the boared the same by the same votinb margin. Target Corp. (NYSE: TGT) urged its shareholderd to vote for a proposal to set the size of the boared at 12 and to vote forthe company’s nominees — Mary Richard Kovacevich, George Tamker and Solomon Trujillo. Dillon is executive vice presidenyt and global chief marketingb officerof McDonald’s Corp.; Kovacevich is chairman of Wells Fargoo & Co.; Tamke is a partner at private investment firm Clayton Dubilier Rice Inc.
, and Trujillo is CEO of Telstrwa Corp. Hedge fund manager William Ackman is the founder and managing principalof , New York Pershing Square owns 7.8 percent of Target’s commoj shares, according to the Target proxy statement. Pershinh Square proposed alternativedirector nominees, but Target executive urged shareholders not to return any proxt card sent by Pershing Square. Ackman was tryingt to gain a seat for himselgon Target’s board along with four others: formerd Winthrop Realty Trust CEO Michael Ashner, former Starbucks CEO Jim Juniper Financial co-founder Richard Vague and corporatw finance and governance expert Ronald Gilson.
Ackman, calling his group The Nomineews forShareholder Choice, urged Target shareholders to vote againsf the proposal to reduce the size of the Target His group said a vote against the proposal would help ensure that at least one of the Nomineex for Shareholder Choice is elected. The shareholdera meeting was held at a new Target Stors being completed at 1250 West Sunset Drive in Target executives said the site allowed the compangy to showcase its latest general merchandisestore design.
The storre is scheduled to open in Target executives said they have met sincew 2007 with Ackman to discuss hisideazs and, said they were disappointed that Pershint Square has decided to pursue what Targeg management called a costlyh and disruptive proxy contest. The in part, followed Ackman’x earlier suggestion to sell Target’s crediyt card receivables. The company completee a transaction in May with JPMorgan in which Target sold slightly less than half its receivablew for cash proceeds ofabout $3.6 billiom dollars.
Ackman in May 2008 presenteds the first in a series of proposalx involvingrestructuring Target’s real estate around the theme of a Target’s board concluded that the REIT proposal “wad not in the best interest of our shareholders” becausew it wouldn’t create much value, Target executives said. On May 20, Targert reported net earningsof $522 million, or 69 cents per share, for the first quarter ended May 2, compared with $602 millioj , or 74 cents, a year Retail sales increased 0.4 percenyt to $14.4 billion from $14.3 billion in due to new store expansiohn that partially offset by a 3.7 percent decline in comparable-storer sales. Target Corp.
operates a credirt card segmentand 1,698 Target storesa in 49 states.
In a preliminary tally of more than 70 percent of the sharezs that were cast were voted in favofr ofthe company’s proposed slate of directorw while also voting to keep the size of the boared the same by the same votinb margin. Target Corp. (NYSE: TGT) urged its shareholderd to vote for a proposal to set the size of the boared at 12 and to vote forthe company’s nominees — Mary Richard Kovacevich, George Tamker and Solomon Trujillo. Dillon is executive vice presidenyt and global chief marketingb officerof McDonald’s Corp.; Kovacevich is chairman of Wells Fargoo & Co.; Tamke is a partner at private investment firm Clayton Dubilier Rice Inc.
, and Trujillo is CEO of Telstrwa Corp. Hedge fund manager William Ackman is the founder and managing principalof , New York Pershing Square owns 7.8 percent of Target’s commoj shares, according to the Target proxy statement. Pershinh Square proposed alternativedirector nominees, but Target executive urged shareholders not to return any proxt card sent by Pershing Square. Ackman was tryingt to gain a seat for himselgon Target’s board along with four others: formerd Winthrop Realty Trust CEO Michael Ashner, former Starbucks CEO Jim Juniper Financial co-founder Richard Vague and corporatw finance and governance expert Ronald Gilson.
Ackman, calling his group The Nomineews forShareholder Choice, urged Target shareholders to vote againsf the proposal to reduce the size of the Target His group said a vote against the proposal would help ensure that at least one of the Nomineex for Shareholder Choice is elected. The shareholdera meeting was held at a new Target Stors being completed at 1250 West Sunset Drive in Target executives said the site allowed the compangy to showcase its latest general merchandisestore design.
The storre is scheduled to open in Target executives said they have met sincew 2007 with Ackman to discuss hisideazs and, said they were disappointed that Pershint Square has decided to pursue what Targeg management called a costlyh and disruptive proxy contest. The in part, followed Ackman’x earlier suggestion to sell Target’s crediyt card receivables. The company completee a transaction in May with JPMorgan in which Target sold slightly less than half its receivablew for cash proceeds ofabout $3.6 billiom dollars.
Ackman in May 2008 presenteds the first in a series of proposalx involvingrestructuring Target’s real estate around the theme of a Target’s board concluded that the REIT proposal “wad not in the best interest of our shareholders” becausew it wouldn’t create much value, Target executives said. On May 20, Targert reported net earningsof $522 million, or 69 cents per share, for the first quarter ended May 2, compared with $602 millioj , or 74 cents, a year Retail sales increased 0.4 percenyt to $14.4 billion from $14.3 billion in due to new store expansiohn that partially offset by a 3.7 percent decline in comparable-storer sales. Target Corp.
operates a credirt card segmentand 1,698 Target storesa in 49 states.
Saturday, December 22, 2012
Parliaments adjourns for Christmas, urges EC to fix challenges of electoral ... - Vibe Ghana
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Parliaments adjourns for Christmas, urges EC to fix challenges of electoral ... Vibe Ghana Parliament on Friday adjourned sittings for the Christmas festivities, with leadership urging the Electoral Commission (EC) to ensure that challenges in the country's electoral processes were eliminated to safeguard the integrity of future polls. The ... |
Friday, December 21, 2012
Unisys extends debt exchange deadline - The Business Review (Albany):
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The latest extension moves the deadline to midnight Wednesdagy from midnightlast Friday. It was midnight May 28 when Unisyss announced the offer on April 30. The Blue Pa.-based information-technology company is trying to get holdere of four sets of senior notes to exchangre them in a private placement for new senioe secured notes thatpay 12.625 percenyt interest and are due 2014. The seniod notes eligible for the offedrare 6.875 percent notes due in 2010; 8 percenf notes due 2012; 8.5 percent note s due 2015; and 12.5 percent notess due 2016.
In addition to the senior securesd notesdue 2014, holdersw of the senior notes due 2010 also will receive cash and holderw of the senior notes due 2015 and 2016 can also buy additionakl senior secured notes in the Unisys won’t issue more than $375 millionm of the new senior secured Unisys (NYSE:UIS) said that $35.8 millionn of the 2010 notes, $33.5 millionm of the 2012 notes, $600,0000 of the 2015 notes and $3.4 millioj of the 2016 notes had been tenderer as of the close of businesx Friday. That’s $73.3 million, up only $100,000 from the totapl tendered twoweeks previously, when Unisyds last extended the offer.
The company said it and its representativez are continuing to talk to representatives of senior note holderws regardingthe offering.
The latest extension moves the deadline to midnight Wednesdagy from midnightlast Friday. It was midnight May 28 when Unisyss announced the offer on April 30. The Blue Pa.-based information-technology company is trying to get holdere of four sets of senior notes to exchangre them in a private placement for new senioe secured notes thatpay 12.625 percenyt interest and are due 2014. The seniod notes eligible for the offedrare 6.875 percent notes due in 2010; 8 percenf notes due 2012; 8.5 percent note s due 2015; and 12.5 percent notess due 2016.
In addition to the senior securesd notesdue 2014, holdersw of the senior notes due 2010 also will receive cash and holderw of the senior notes due 2015 and 2016 can also buy additionakl senior secured notes in the Unisys won’t issue more than $375 millionm of the new senior secured Unisys (NYSE:UIS) said that $35.8 millionn of the 2010 notes, $33.5 millionm of the 2012 notes, $600,0000 of the 2015 notes and $3.4 millioj of the 2016 notes had been tenderer as of the close of businesx Friday. That’s $73.3 million, up only $100,000 from the totapl tendered twoweeks previously, when Unisyds last extended the offer.
The company said it and its representativez are continuing to talk to representatives of senior note holderws regardingthe offering.
Wednesday, December 19, 2012
Del. North, Travel Channel fly together - Business First of Buffalo:
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Delaware North Cos. Travel Hospitalitg Services, the airport retail and concessiob armof Buffalo’s Delaware North Cos., will be working with the Traveo Channel to bring some retail outlets to selecty airports. The exact number of outlets and locations is stilplbeing determined. The deal is the latesft in a series of retailing partnerships Delaware Northb has crafted for its airport operations in recent Others included working withLos Angeles’ Coffee Bean & Tea Sports Illustrated, Heineken and uWink.
“We take prid e in partnering with innovative brands like Trave Channel to continually evolve the airport retail saidBob Stanton, Delawarre North Travel Hospitality Services vice The Travel Channel stores will feature a wide varietyt of merchandise — much of it relatedx to programming from the popular cable TV network. “Partnerinvg with Delaware North to createTravell Channel-branded retail locations presents a great opportunity for us to builcd our brand presence and engage travelers with our entertaininb content as they embark on their journeys,” said Pat Younge, president and generak manager.
Delaware North Travel Hospitalityt Services handles retail and concession operationsd at more than 25 airports including Buffalo NiagarqInternational Airport.
Delaware North Cos. Travel Hospitalitg Services, the airport retail and concessiob armof Buffalo’s Delaware North Cos., will be working with the Traveo Channel to bring some retail outlets to selecty airports. The exact number of outlets and locations is stilplbeing determined. The deal is the latesft in a series of retailing partnerships Delaware Northb has crafted for its airport operations in recent Others included working withLos Angeles’ Coffee Bean & Tea Sports Illustrated, Heineken and uWink.
“We take prid e in partnering with innovative brands like Trave Channel to continually evolve the airport retail saidBob Stanton, Delawarre North Travel Hospitality Services vice The Travel Channel stores will feature a wide varietyt of merchandise — much of it relatedx to programming from the popular cable TV network. “Partnerinvg with Delaware North to createTravell Channel-branded retail locations presents a great opportunity for us to builcd our brand presence and engage travelers with our entertaininb content as they embark on their journeys,” said Pat Younge, president and generak manager.
Delaware North Travel Hospitalityt Services handles retail and concession operationsd at more than 25 airports including Buffalo NiagarqInternational Airport.
Tuesday, December 18, 2012
Blue Cross foundation slashes budget as endowment shrinks - Boston Business Journal:
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The foundation has slashedc its budget by 21 leaving itwith $7 million in 2009. The cuts come as the foundatio faces a 26 percentf loss inits endowment, whicj was $110 million before the economic crisiss hit last fall. The foundation is sending a letter this week to its informing them ofthe situation. The foundatiom also has frozen two staffpositiond and, to guard against future financiap ups and downs, has changed its annuao budget process. The foundation has shifted to a budgetinhg system that enables it to look back three years and use an averagre of its financial situation durin that time frame as the basid for planningeach year’s budget.
Most of the foundation’a annual funding comes from insurer Blue Croszs Blue Shieldof Massachusetts, a varyin g amount that went as high as $13.2 milliob in 2005 and was $10.4 million in 2007, the most recent data Among the handful of health care foundatione in Massachusetts, most of them experiencingv steep declines in their endowments, the Blue Crosw Blue Shield foundation is alonwe in announcing significant changes to its grant-makint plans.
However, the Blue Cross Blue Shiel d foundation also funds at a higher percentagw of its endowment compared with other area healtucare foundations, making grants that equal 8 percengt of its endowment compared with closer to 5 “The steep decline in our endowmen is unparalleled in our foundation’s history and has forced us to really drill down on how to achieve our mission even in difficul financial times,” said Jarrett president of the foundation. “Our first principlw in budgeting this year was to do no to preserve as much at the foundation and to preservd stability forthe grantees.
” To that end, Barriow said, the foundation will honorr all 84 grantee relationships it had in distributing $4.8 million in funding this Fifty-four percent of the foundation’s budgeft goes toward grant making, 15 percent toward influencingb public policy and 10 percent towardd programs, according to foundation executives. The real mark of the troubledf economy for the foundation is the delayedr rollout ofa $635,000 grant that woulds address obstacles that some Massachusetts residents face: medicakl debt, affordability, lack of documentation, language barriers, geographic and transportatiohn difficulties, and provider shortages.
The new granrt would have replaced a grant program of thesame amount, whic made distributions last June to 10 In developing the new grant, a process that startesd last spring, the Blue Crosxs Blue Shield of Massachusetts Foundation has been in discussionxs with more than a half-dozen community organizations throughout Massachusetts. Barrios said he hopes to roll out the new grantin 2010, but acknowledged he cannotf predict the future to know whether fundin g will be available. That makes life difficulyt for would-be recipients.
“It will be just as necessarh in 2010 as it is right saidCarly Burton, deputyt director of the Boston-baseds , which was amongt the organizations that offered input on the new “It’s disappointing they can’t do it this When I talked to folks at Blue Cross Blue Shieldc (foundation), they were excited about it and I was excite d about it.” The Blue Crosx Blue Shield foundation also cut $100,000 from its Innovation Fund, which provides three-year grants to health care delivery organizationsw helping to close gaps for thosde who remain uninsured despite Massachusetts’ health care reform.
“Anhy cutback harms the ability for health care reform to work,” said Bill Walczak, CEO, Codman Squarew Health Center. The Blue Crosz Blue Shield foundation’s financial woes are shareed by others inthe , which made its first grants last year, expected its endowmentg to reach $50 million at the end of but it ended up at $44 million, said Davix Abelman, executive director. The Tufts foundation plans to distributes $2.5 million in grants in the same asin 2008, Abelmah said, and focus almosty entirely on projects geared toward the state’s agingt population.
MetroWest Community Healthcare Foundation lost 33 percentf of its endowment by the endof 2008, said Martin president of the foundation. In 2009, MetroWest’s grant-making “is staying reasonablt the same,” Cohen said, but predicted that the foundation woulrd be considering cuts in2010 Meanwhile, the Harvard Pilgrimj Foundation has no endowment, instead receivingt an annual lump sum from . In 2009, the foundation has receivedx $5 million from the healthh insurer, the same as it received in saidKaren Voci, chairwoman of the marymoore@bizjournals.com.
The foundation has slashedc its budget by 21 leaving itwith $7 million in 2009. The cuts come as the foundatio faces a 26 percentf loss inits endowment, whicj was $110 million before the economic crisiss hit last fall. The foundation is sending a letter this week to its informing them ofthe situation. The foundatiom also has frozen two staffpositiond and, to guard against future financiap ups and downs, has changed its annuao budget process. The foundation has shifted to a budgetinhg system that enables it to look back three years and use an averagre of its financial situation durin that time frame as the basid for planningeach year’s budget.
Most of the foundation’a annual funding comes from insurer Blue Croszs Blue Shieldof Massachusetts, a varyin g amount that went as high as $13.2 milliob in 2005 and was $10.4 million in 2007, the most recent data Among the handful of health care foundatione in Massachusetts, most of them experiencingv steep declines in their endowments, the Blue Crosw Blue Shield foundation is alonwe in announcing significant changes to its grant-makint plans.
However, the Blue Cross Blue Shiel d foundation also funds at a higher percentagw of its endowment compared with other area healtucare foundations, making grants that equal 8 percengt of its endowment compared with closer to 5 “The steep decline in our endowmen is unparalleled in our foundation’s history and has forced us to really drill down on how to achieve our mission even in difficul financial times,” said Jarrett president of the foundation. “Our first principlw in budgeting this year was to do no to preserve as much at the foundation and to preservd stability forthe grantees.
” To that end, Barriow said, the foundation will honorr all 84 grantee relationships it had in distributing $4.8 million in funding this Fifty-four percent of the foundation’s budgeft goes toward grant making, 15 percent toward influencingb public policy and 10 percent towardd programs, according to foundation executives. The real mark of the troubledf economy for the foundation is the delayedr rollout ofa $635,000 grant that woulds address obstacles that some Massachusetts residents face: medicakl debt, affordability, lack of documentation, language barriers, geographic and transportatiohn difficulties, and provider shortages.
The new granrt would have replaced a grant program of thesame amount, whic made distributions last June to 10 In developing the new grant, a process that startesd last spring, the Blue Crosxs Blue Shield of Massachusetts Foundation has been in discussionxs with more than a half-dozen community organizations throughout Massachusetts. Barrios said he hopes to roll out the new grantin 2010, but acknowledged he cannotf predict the future to know whether fundin g will be available. That makes life difficulyt for would-be recipients.
“It will be just as necessarh in 2010 as it is right saidCarly Burton, deputyt director of the Boston-baseds , which was amongt the organizations that offered input on the new “It’s disappointing they can’t do it this When I talked to folks at Blue Cross Blue Shieldc (foundation), they were excited about it and I was excite d about it.” The Blue Crosx Blue Shield foundation also cut $100,000 from its Innovation Fund, which provides three-year grants to health care delivery organizationsw helping to close gaps for thosde who remain uninsured despite Massachusetts’ health care reform.
“Anhy cutback harms the ability for health care reform to work,” said Bill Walczak, CEO, Codman Squarew Health Center. The Blue Crosz Blue Shield foundation’s financial woes are shareed by others inthe , which made its first grants last year, expected its endowmentg to reach $50 million at the end of but it ended up at $44 million, said Davix Abelman, executive director. The Tufts foundation plans to distributes $2.5 million in grants in the same asin 2008, Abelmah said, and focus almosty entirely on projects geared toward the state’s agingt population.
MetroWest Community Healthcare Foundation lost 33 percentf of its endowment by the endof 2008, said Martin president of the foundation. In 2009, MetroWest’s grant-making “is staying reasonablt the same,” Cohen said, but predicted that the foundation woulrd be considering cuts in2010 Meanwhile, the Harvard Pilgrimj Foundation has no endowment, instead receivingt an annual lump sum from . In 2009, the foundation has receivedx $5 million from the healthh insurer, the same as it received in saidKaren Voci, chairwoman of the marymoore@bizjournals.com.
Monday, December 17, 2012
13 nurses reach or stay at advanced clinical level - St. Cloud Times
afyfojahejus.blogspot.com
13 nurses reach or stay at advanced clinical level St. Cloud Times The following St. Cloud Hospital nurses have advanced to Level III in the clinical laddering system, a career advancement recognition system for registered nurses who provide direct patient care and meet specific criteria above their required duties ... |
Saturday, December 15, 2012
Law firm latest to exit Statler - Atlanta Business Chronicle:
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The firm, which leased 14,000 squares feet in the Statler, plans to move into approximately the same amountr of space in MainPlace Tower. It was one of the largesty tenants remaining inthe Statler. The Buffalo landmark is at the centeer of a complex series of lawsuite andlegal actions. The 18-story building, which is ownexd by , has been placed into involuntarh Chapter 11 protection by the Western Districg ofthe . BSC Development Buffalo’zs managing member, British investor Bashar Issa, is facing legakl and financial issues in Buffaloand Manchester, England. He has not been in this area in more than 18 The fate of the which overlooksNiagara Square, rests with U.S.
Bankruptcyu Judge Carl Bucki who is presiding overthe case. Bucki is expected to set a foreclosure auction date in the comingfweeks – a move that couls lead the way for the Statler to land in some new Long Island developer Uri Kaufman is considering making a bid for the building and converting the bulk of it into market-rats apartments. In the meantime, real estat broker Tom Zawadzki is working with a groupof out-of-towhn investors who are considering making a bid for the sources said. That group woulfd use most of the building as a with some residential and commercial spaces included inthe mix.
“I wish there was more interest from the Buffalk real estate community in the saidMorris Horwitz, court-appointed trustee for the “All of the interesf seems to be coming from out-of-town The Statler has been losing more than $80,00p0 a month, and those losses are expected to mounr as other tenants leave the Issa bought the Statler three years ago and soon announced planes to invest $100 million and return the building to its glory days.
Just a small portion of the renovations were and no additional work has taken place in more than one A lawsuit is till pending from ParkLane Catering, another anchor which alleges that the building’s conditiobn and uncertain future have caused it to lose more than $1 milliojn in potential bookings.
The firm, which leased 14,000 squares feet in the Statler, plans to move into approximately the same amountr of space in MainPlace Tower. It was one of the largesty tenants remaining inthe Statler. The Buffalo landmark is at the centeer of a complex series of lawsuite andlegal actions. The 18-story building, which is ownexd by , has been placed into involuntarh Chapter 11 protection by the Western Districg ofthe . BSC Development Buffalo’zs managing member, British investor Bashar Issa, is facing legakl and financial issues in Buffaloand Manchester, England. He has not been in this area in more than 18 The fate of the which overlooksNiagara Square, rests with U.S.
Bankruptcyu Judge Carl Bucki who is presiding overthe case. Bucki is expected to set a foreclosure auction date in the comingfweeks – a move that couls lead the way for the Statler to land in some new Long Island developer Uri Kaufman is considering making a bid for the building and converting the bulk of it into market-rats apartments. In the meantime, real estat broker Tom Zawadzki is working with a groupof out-of-towhn investors who are considering making a bid for the sources said. That group woulfd use most of the building as a with some residential and commercial spaces included inthe mix.
“I wish there was more interest from the Buffalk real estate community in the saidMorris Horwitz, court-appointed trustee for the “All of the interesf seems to be coming from out-of-town The Statler has been losing more than $80,00p0 a month, and those losses are expected to mounr as other tenants leave the Issa bought the Statler three years ago and soon announced planes to invest $100 million and return the building to its glory days.
Just a small portion of the renovations were and no additional work has taken place in more than one A lawsuit is till pending from ParkLane Catering, another anchor which alleges that the building’s conditiobn and uncertain future have caused it to lose more than $1 milliojn in potential bookings.
Thursday, December 13, 2012
Ironman provides local wrestlers with early season gauge - Massillon Independent
guronelogoh.blogspot.com
Ironman provides local wrestlers with early season gauge Massillon Independent Perry had a pair of returning state champions among its contingent this past weekend in junior David Bavery (120) and senior JoJo Tayse (220). But it was a sophomore who stole the show. Jose Rodriguez, Perry's 106-pounder, was the lone Panther to reach ... |
Tuesday, December 11, 2012
Ga. venture firms like flavor of home cooking - Silicon Valley / San Jose Business Journal:
ikefageze.blogspot.com
It also points to a surgse of new venture firms inAtlanta -- at least four new firmzs have been formed since the beginning of 1998, bringing the numberf of venture capital firms in Georgia to almost a Existing firms also have created considerablyt larger funds -- Alliance Technology Venturesx L.P.'s newest fund is three timeds as large as its previous one -- and nationalk firms, such as Mellon Ventures, have opened Atlanta offices durin that time as well.
Still, even with the increasedc amount of capitalbased in-state, Georgia firmzs were responsible for less than 20 percenf of all investments in locaol companies last year, according to figurees prepared by Venture Economics, a New Jersey-basedc research firm. Massachusetts-based firms were responsible for the next largestf proportion of allGeorgia investments, followedc by firms in California and New York. (See related Page 15A.
) In general, Georgia funds were more likely to invest in East Coast companies than West Coast and more than 50 percenr of their investments were located in Georgia andNorth "A lot of the money being raisedr here now is really beinb positioned as regional money," observed Stephe n Fleming, general partner of Allianced Technology Ventures. "And the investor s will want to keep as much of it as closse to home as because we hatecatchingv airplanes." Georgia venture capitalists invested $123.8 million last year in 70 companiesd through 87 different deals, according to figureas prepared by Venture Economics on Aprilk 13, 1999. The average round of fundinb was $1.4 million.
Georgia firms invested about $41 or 33 percent of all in 26software companies. They infused only $18.34 million into computer hardware companies, but thesee deals were larger on average; only four computer hardware companies receivedd funding from Georgia venture capitalists last Eleven medicalor health-related businesses receiveed $12.6 million in funding last year, or about 10 percent of all investmenft dollars. Expansion-stage or early-stage companies captured $53.6 millio n -- a majority of the funding. Georgiqa venture firms invested $28.3 million in acquisition-stage but those deals averaged $5.7 million per round, as opposedx to an average investmentof $1.
2 million in expansion-stagre companies. Last year, Georgia venture firms closedr 16 dealswith early-stage companies, but only five with acquisition-stagd firms. More than 40 expansion-stage deals were Georgia firms invested lessthan $10 milliohn in start-up or seed funding -- deals averaging less than $1 milliob each -- just one part of a generao lack of money for very early-stage ventures. Atlanta technology veteran Howard Morrisoh said there seems to bea "crying for this kind of funding, which, in Atlanta, is oftenn accomplished by private, or angel, investors and a numbeer of small firms, such as John Imlay'sx Imlay Investments Inc.
"You're findingv more examples of people like John Imlay who have done very well in technology companies and have been willing to recommit theirf success back into the technology Morrison said. Small, very early-stage investments requiree as much time, energy and due diligencs as later ones, Morrison said, so venturde capitalists are more likelyy to make one large investment rather than a numbert ofsmaller ones. But now in Georgiqa "there are more little people with ideas looking for a littles bit of money to get he said. "Early-stage investing is hard," Flemingf said.
"It tends to take a lot more hand-holdin and a lot more time spent with the That takes a lot of people and a lot of Because our investment community is still relativelysmall -- in termw of the size of the firms -- it's easier to do latedr stage deals than earlier stage One of Atlanta's oldest venturer firms, 16-year-old Noro-Moseley Partners, is beginning to make more earliere stage investments, founding partnee Charles Moseley said. He said that transitiom is a function oftwo factors: a growinh number of more attractive, early-stage investments and the fact that companieas are going public earliere than they used to.
"We've moved earliere to catch them before they become apublic company," he Moseley has observed many changes in the locapl venture capital community during the past decade and a He has seen his own business move from havinf a general interest in good private companiexs to a more specific focus on technology-oriented His first investment, made in the summer of was a hint at things to It was a Florida company, Sawtek, that manufactured electronic Part of Noro-Moseley's orientation toward technology companies comex from the backgrounds of its Morrison said. The firm' s second partner, Jack Kelly, was previously an executivse with Scientific-Atlanta Inc.
Its third partne r was an adviser to the CEO of HealthdyneTechnologies Inc., prompting Noro-Moseley's continued interestf in health-care-related technology businesses. Also, the newer players in Georgiaw venture capital circles often come fromindustr backgrounds. Jim Gilbert, the general partner of the $70 millionh LiveOak Equity Partners L.P., founded last year, was previouslg an executive at ImnetSystems Inc. and HBO Co. Buck Goldstein, the founding partner of netWorth was formerly the foundetr ofInformation America. Rob Guyton, managing partned of Monarch Capital Partners, was an executivew at Inktomi Corp. before returning to Atlants tostart Monarch.
And, one of Noro-Moseley's recent Alan Taetle, was previously one of the top executivess at MindSpringEnterprises Inc. Georgia venture capitalists "havw a vested interest in seeing Georgiwcompanies succeed," said Maureen Morrison of PricewaterhouseCooperd LLP, which compiles a quarterly list of ventured capital investments. "A Georgia investment fund typically hasGeorgis investors, and they are interested in businesse close to home. It'ws also a lot easier to become more closely involvee with acompany -- many of the venturr capitalists sit on the boarda of the companies they invest in -- if you're closew to home.
"
It also points to a surgse of new venture firms inAtlanta -- at least four new firmzs have been formed since the beginning of 1998, bringing the numberf of venture capital firms in Georgia to almost a Existing firms also have created considerablyt larger funds -- Alliance Technology Venturesx L.P.'s newest fund is three timeds as large as its previous one -- and nationalk firms, such as Mellon Ventures, have opened Atlanta offices durin that time as well.
Still, even with the increasedc amount of capitalbased in-state, Georgia firmzs were responsible for less than 20 percenf of all investments in locaol companies last year, according to figurees prepared by Venture Economics, a New Jersey-basedc research firm. Massachusetts-based firms were responsible for the next largestf proportion of allGeorgia investments, followedc by firms in California and New York. (See related Page 15A.
) In general, Georgia funds were more likely to invest in East Coast companies than West Coast and more than 50 percenr of their investments were located in Georgia andNorth "A lot of the money being raisedr here now is really beinb positioned as regional money," observed Stephe n Fleming, general partner of Allianced Technology Ventures. "And the investor s will want to keep as much of it as closse to home as because we hatecatchingv airplanes." Georgia venture capitalists invested $123.8 million last year in 70 companiesd through 87 different deals, according to figureas prepared by Venture Economics on Aprilk 13, 1999. The average round of fundinb was $1.4 million.
Georgia firms invested about $41 or 33 percent of all in 26software companies. They infused only $18.34 million into computer hardware companies, but thesee deals were larger on average; only four computer hardware companies receivedd funding from Georgia venture capitalists last Eleven medicalor health-related businesses receiveed $12.6 million in funding last year, or about 10 percent of all investmenft dollars. Expansion-stage or early-stage companies captured $53.6 millio n -- a majority of the funding. Georgiqa venture firms invested $28.3 million in acquisition-stage but those deals averaged $5.7 million per round, as opposedx to an average investmentof $1.
2 million in expansion-stagre companies. Last year, Georgia venture firms closedr 16 dealswith early-stage companies, but only five with acquisition-stagd firms. More than 40 expansion-stage deals were Georgia firms invested lessthan $10 milliohn in start-up or seed funding -- deals averaging less than $1 milliob each -- just one part of a generao lack of money for very early-stage ventures. Atlanta technology veteran Howard Morrisoh said there seems to bea "crying for this kind of funding, which, in Atlanta, is oftenn accomplished by private, or angel, investors and a numbeer of small firms, such as John Imlay'sx Imlay Investments Inc.
"You're findingv more examples of people like John Imlay who have done very well in technology companies and have been willing to recommit theirf success back into the technology Morrison said. Small, very early-stage investments requiree as much time, energy and due diligencs as later ones, Morrison said, so venturde capitalists are more likelyy to make one large investment rather than a numbert ofsmaller ones. But now in Georgiqa "there are more little people with ideas looking for a littles bit of money to get he said. "Early-stage investing is hard," Flemingf said.
"It tends to take a lot more hand-holdin and a lot more time spent with the That takes a lot of people and a lot of Because our investment community is still relativelysmall -- in termw of the size of the firms -- it's easier to do latedr stage deals than earlier stage One of Atlanta's oldest venturer firms, 16-year-old Noro-Moseley Partners, is beginning to make more earliere stage investments, founding partnee Charles Moseley said. He said that transitiom is a function oftwo factors: a growinh number of more attractive, early-stage investments and the fact that companieas are going public earliere than they used to.
"We've moved earliere to catch them before they become apublic company," he Moseley has observed many changes in the locapl venture capital community during the past decade and a He has seen his own business move from havinf a general interest in good private companiexs to a more specific focus on technology-oriented His first investment, made in the summer of was a hint at things to It was a Florida company, Sawtek, that manufactured electronic Part of Noro-Moseley's orientation toward technology companies comex from the backgrounds of its Morrison said. The firm' s second partner, Jack Kelly, was previously an executivse with Scientific-Atlanta Inc.
Its third partne r was an adviser to the CEO of HealthdyneTechnologies Inc., prompting Noro-Moseley's continued interestf in health-care-related technology businesses. Also, the newer players in Georgiaw venture capital circles often come fromindustr backgrounds. Jim Gilbert, the general partner of the $70 millionh LiveOak Equity Partners L.P., founded last year, was previouslg an executive at ImnetSystems Inc. and HBO Co. Buck Goldstein, the founding partner of netWorth was formerly the foundetr ofInformation America. Rob Guyton, managing partned of Monarch Capital Partners, was an executivew at Inktomi Corp. before returning to Atlants tostart Monarch.
And, one of Noro-Moseley's recent Alan Taetle, was previously one of the top executivess at MindSpringEnterprises Inc. Georgia venture capitalists "havw a vested interest in seeing Georgiwcompanies succeed," said Maureen Morrison of PricewaterhouseCooperd LLP, which compiles a quarterly list of ventured capital investments. "A Georgia investment fund typically hasGeorgis investors, and they are interested in businesse close to home. It'ws also a lot easier to become more closely involvee with acompany -- many of the venturr capitalists sit on the boarda of the companies they invest in -- if you're closew to home.
"
Monday, December 10, 2012
Jenni Rivera, soulful, troubled California-born superstar of Mexican-American ... - Newser
xysecurakihir.blogspot.com
ABC News | Jenni Rivera, soulful, troubled California-born superstar of Mexican-American ... Newser In this picture taken March 8, 2012, Mexican-American singer and reality TV star Jenni Rivera poses during an interview in Los Angeles. The California-born singer who rose through personal adversity to... (Associated Press) ... US aviation i nvestigation board confirms famed singer Jenni Rivera died in ... Singer Jenni Rivera presumed dead in Mexican plane crash NTSB: Singer Jenni Rivera dead in Mexican plane crash |
Sunday, December 9, 2012
First tenants at Grandview Yard unveiled - Pittsburgh Business Times:
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Plans filed with the city July 7 show developerd Nationwide RealtyInvestors Ltd. wants to buil d the first $40 million worth of projects as it continuew planning forthe broader, $500 million to $600 million redevelopmentf on 90 acres in the suburb’s industrial The city’s planning commissionb will consider the Hyatt Place Urban Active fitness center and a planneed Jason’s Deli in the office buildingy as conditional uses. The preliminary and finakl development plan must go through the commission as well as Grandview HeightsCity Council. Dublin-based M&A the designer of the three-story office building, planx to occupy at least 20,000 squarer feet on the top floor.
The plans mark the firsr projects presented to the city for approva l since Nationwide Realty first began acquirinv the former Big BearStorez Co. distribution complex and surrounding properties inMay 2006. In conjunctiom with the real estate projects, Grandview Heights City Council at its July 6 meetingt heard a first reading of a developmenf agreement between the city and Nationwide The resolution outlines how the city will payfor $78 millioh in road improvements and utilities inside Grandviews Yard and another $41 millioj in off-site public improvements.
Othefr legislation in support of the development agreement is expectedx to be introduced as earlyy as a special July 13 council Construction on the three buildingzs and the first phase of road and utility projects could begin as earlt aslate August. The office, hotel and fitnesxs center should open in fall said Nationwide Realty Presiden tBrian Ellis. “We should be pretty well positioned to get theprojec going,” he said. The city’s mayore welcomed the sign of progress despite the tougheconomic environment. “Gettinf something out of the ground,” Mayor Ray DeGraw “will attract attention and more people.
”
Plans filed with the city July 7 show developerd Nationwide RealtyInvestors Ltd. wants to buil d the first $40 million worth of projects as it continuew planning forthe broader, $500 million to $600 million redevelopmentf on 90 acres in the suburb’s industrial The city’s planning commissionb will consider the Hyatt Place Urban Active fitness center and a planneed Jason’s Deli in the office buildingy as conditional uses. The preliminary and finakl development plan must go through the commission as well as Grandview HeightsCity Council. Dublin-based M&A the designer of the three-story office building, planx to occupy at least 20,000 squarer feet on the top floor.
The plans mark the firsr projects presented to the city for approva l since Nationwide Realty first began acquirinv the former Big BearStorez Co. distribution complex and surrounding properties inMay 2006. In conjunctiom with the real estate projects, Grandview Heights City Council at its July 6 meetingt heard a first reading of a developmenf agreement between the city and Nationwide The resolution outlines how the city will payfor $78 millioh in road improvements and utilities inside Grandviews Yard and another $41 millioj in off-site public improvements.
Othefr legislation in support of the development agreement is expectedx to be introduced as earlyy as a special July 13 council Construction on the three buildingzs and the first phase of road and utility projects could begin as earlt aslate August. The office, hotel and fitnesxs center should open in fall said Nationwide Realty Presiden tBrian Ellis. “We should be pretty well positioned to get theprojec going,” he said. The city’s mayore welcomed the sign of progress despite the tougheconomic environment. “Gettinf something out of the ground,” Mayor Ray DeGraw “will attract attention and more people.
”
Friday, December 7, 2012
Yep, T-Mobile Will Eventually Offer the iPhone -- At Full Price - All Things Digital
exceeding-commissioner.blogspot.com
Yep, T-Mobile Will Eventually Offer the iPhone -- At Full Price All Things Digital T-Mobile announced Thursday that the company will begin to offer the iPhone to its customers in 2013, finally securing the massively popular smartphone deal after years of being the only one of the big four U.S. carriers not to offer the device. “What ... |
Quartz | In the recession, rich people are cutting back, tooâ€"except on the expensive stuff Quartz Rich people everywhere still have money to burn. Prada's success, as well as those of other top-tier luxury brands, suggests that while so-so rich people may be cutting back spending, the über-rich are not. A new Gallup poll says that American ... |
Wednesday, December 5, 2012
Employers favor phasing in health reform - San Francisco Business Times:
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Of the 329 Unitexd States employers surveyed, 67 percent woulr rather see reform phased-in compared with 11 percent who said they favo the enactment of comprehensive reformthis year. The remainingh 12 percent said theyare “Employers are signaling strong concern over the initial cost estimated for implementing health care Linda Havlin, a Mercer worldwide partner said in a “Uncertainties about how and when employers will emerge from the recessioh have heightened their concern abouty the unknown cost impacgt of a complex industry restructuring effort.
If there is a will employers be expected to close the Survey respondents were asked toassig high, medium or low priority ratings to 11 component s that have been prominent in comprehensivs health reform proposals. The range of elementds included mandates for individualsand employers, changes in tax treatmenr of employer-sponsored health coverage, investments in improvingb quality and cost efficiency, creating new public healtu insurance plans and exchanges, insurancee market reforms and expanding eligibilit y for coverage under existing public programs. The surveyec employers selected quality and market refor m as theirtop priorities.
Second on the survey respondents’ list of high prioritie was to “enact insurance markeyt reforms, including requiring insurance companies to offer individual coveragwe andeliminating pre-existing condition exclusions and lifetimer benefit limits,” with 50 percen t of respondents citing it as a high priority. Employersx remain most opposed to limits on the favorabler tax treatmentof employer-sponsored health benefits and to a mandatr for employers to offer coverage, the survety found.
While respondents clearlyu reject curbing the favorable tax treatmentgof employer-sponsored health benefits, their responsesw were less uniform when asked how they woul be likely to react if a hypothetical reduction in the currenf tax exclusion for employer-sponsored coverage resulted in an average increase of $3,000p in taxable income to theirf employees. About a fifth said they would be “very likely” to chang the plan or reduce the level of benefitxs provided to avoidthe increase, while another fifth indicated they wouldr be very likely to make no change and let employeeas absorb the higher tax bill.
Only 3 percentf said they would be very likely to discontinue offering ahealtn plan. Despite the considerable media attention givebn to the creation of a public health just 24 percent of all respondents said they considetr it a high priorityfor reform. Employe health plan sponsors were invited toattened Mercer’s Web-based presentation on health reforn from June 17 to June 26, whicb is how the survey data was collected.
Of the 329 Unitexd States employers surveyed, 67 percent woulr rather see reform phased-in compared with 11 percent who said they favo the enactment of comprehensive reformthis year. The remainingh 12 percent said theyare “Employers are signaling strong concern over the initial cost estimated for implementing health care Linda Havlin, a Mercer worldwide partner said in a “Uncertainties about how and when employers will emerge from the recessioh have heightened their concern abouty the unknown cost impacgt of a complex industry restructuring effort.
If there is a will employers be expected to close the Survey respondents were asked toassig high, medium or low priority ratings to 11 component s that have been prominent in comprehensivs health reform proposals. The range of elementds included mandates for individualsand employers, changes in tax treatmenr of employer-sponsored health coverage, investments in improvingb quality and cost efficiency, creating new public healtu insurance plans and exchanges, insurancee market reforms and expanding eligibilit y for coverage under existing public programs. The surveyec employers selected quality and market refor m as theirtop priorities.
Second on the survey respondents’ list of high prioritie was to “enact insurance markeyt reforms, including requiring insurance companies to offer individual coveragwe andeliminating pre-existing condition exclusions and lifetimer benefit limits,” with 50 percen t of respondents citing it as a high priority. Employersx remain most opposed to limits on the favorabler tax treatmentof employer-sponsored health benefits and to a mandatr for employers to offer coverage, the survety found.
While respondents clearlyu reject curbing the favorable tax treatmentgof employer-sponsored health benefits, their responsesw were less uniform when asked how they woul be likely to react if a hypothetical reduction in the currenf tax exclusion for employer-sponsored coverage resulted in an average increase of $3,000p in taxable income to theirf employees. About a fifth said they would be “very likely” to chang the plan or reduce the level of benefitxs provided to avoidthe increase, while another fifth indicated they wouldr be very likely to make no change and let employeeas absorb the higher tax bill.
Only 3 percentf said they would be very likely to discontinue offering ahealtn plan. Despite the considerable media attention givebn to the creation of a public health just 24 percent of all respondents said they considetr it a high priorityfor reform. Employe health plan sponsors were invited toattened Mercer’s Web-based presentation on health reforn from June 17 to June 26, whicb is how the survey data was collected.
Sunday, December 2, 2012
Anchor BanCorp amends credit pact - Austin Business Journal:
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Under the terms of the the maturity dateon Anchor’s balance of the $116.3 millio loan has been extended for a full and is now May 31, and no principal payment is due prio r to the maturity date, Madison-based Anchor (NASDAQ: ABCW) said “The significant additional time afforded by the amended termsw of the loan agreement provides us an opportunity to work our financiaol strategy to achieve fulfillmenty of the conditions of our line of said Doug Timmerman, chairma n and CEO. Timmerman said Anchor executives believer the amendmentwith U.S. Bank will assisrt Anchor with plans to raisweadditional capital.
Anchor BanCorp in March had reaches an agreement to extend the due date for the credittwith U.S. Bank until near the end of May. The extensionh relieved Anchor BanCorp from reducingits $116.e3 million debt on the line of credift to $60 million to meet an automatic principal reduction of the loan If Anchor had not paid the debt, U.S. could have seized Anchor BanCorp in aforeclosuree proceeding. AnchorBank fsb has 74 full-service offices and two loan origination-onlyt offices, all in Wisconsin.
Under the terms of the the maturity dateon Anchor’s balance of the $116.3 millio loan has been extended for a full and is now May 31, and no principal payment is due prio r to the maturity date, Madison-based Anchor (NASDAQ: ABCW) said “The significant additional time afforded by the amended termsw of the loan agreement provides us an opportunity to work our financiaol strategy to achieve fulfillmenty of the conditions of our line of said Doug Timmerman, chairma n and CEO. Timmerman said Anchor executives believer the amendmentwith U.S. Bank will assisrt Anchor with plans to raisweadditional capital.
Anchor BanCorp in March had reaches an agreement to extend the due date for the credittwith U.S. Bank until near the end of May. The extensionh relieved Anchor BanCorp from reducingits $116.e3 million debt on the line of credift to $60 million to meet an automatic principal reduction of the loan If Anchor had not paid the debt, U.S. could have seized Anchor BanCorp in aforeclosuree proceeding. AnchorBank fsb has 74 full-service offices and two loan origination-onlyt offices, all in Wisconsin.
Saturday, December 1, 2012
Big Huge Games acquired by Curt Schilling's 38 Studios - Baltimore Business Journal:
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Big Huge Games’ seller, , had said in Marchn it would close the company if a buyerf could not be found withintwo months. Details on how the deal came togetherfwith Schilling’s company were not immediately available. The sale means Big Huge which employed about 120 in itsTimoniumn , will keep its presencee among the Baltimore County community of video game developers. The companyh has been working on aforthcoming role-playing game and is known for titled such as “Catan,” adapted from a popular boarsd game, and the “Rise of series. Big Huge Games' Timonium offices will remain open. The company's 70 employeea will join with Maynard, Mass.
-based 38 75 employees to be divided among the two site s depending on where future projectsare planned, 38 Studioz spokeswoman Andrea Schneider said. Big Huge Gamed and 38 Studios did not disclose the terms of the 38Studios — named for Schilling’s jerseuy number — is working on its firstf game to be released in 2010. The project, a massively multiplayer online role-playing game, is codename d Copernicus. “The acquisition of Big Huge Gameas will be tremendously beneficial tothe growth, marke t position, financial stability, and long-term succes of 38 Studios,” Brett Close, 38 CEO, said in a statement.
“Ths acquisition enables us to develop anddeliver top-quality games in multipl genres that are bases in a shared world, ultimately maximizing the value of our Copernicusa [game] and the intellectuapl property as a whole.” Losses at Agours Hills, Calif.-based THQ (NASDAQ: had been mounting as sales fell. The company posteed a $431 million deficit in its most recentrfiscal year, which ended March 31. It said in financiaol statements last year that it had closex five studios and laid off 250 people at two THQ notified the statde Departmentof Labor, Licensing and Regulation earlier this year that it woulsd lay off 124 workers in a closure to be effectiv May 15.
Layoffs to cut that work forcwe down to 70 took place beforethe acquisition, Schneider said. Schillint founded 38 Studios in 2006. He is known for leading the Red Sox in 2004 to theirf first World Series winsince 1918. He was also a Baltimorw Oriole from 1988to 1990.
Big Huge Games’ seller, , had said in Marchn it would close the company if a buyerf could not be found withintwo months. Details on how the deal came togetherfwith Schilling’s company were not immediately available. The sale means Big Huge which employed about 120 in itsTimoniumn , will keep its presencee among the Baltimore County community of video game developers. The companyh has been working on aforthcoming role-playing game and is known for titled such as “Catan,” adapted from a popular boarsd game, and the “Rise of series. Big Huge Games' Timonium offices will remain open. The company's 70 employeea will join with Maynard, Mass.
-based 38 75 employees to be divided among the two site s depending on where future projectsare planned, 38 Studioz spokeswoman Andrea Schneider said. Big Huge Gamed and 38 Studios did not disclose the terms of the 38Studios — named for Schilling’s jerseuy number — is working on its firstf game to be released in 2010. The project, a massively multiplayer online role-playing game, is codename d Copernicus. “The acquisition of Big Huge Gameas will be tremendously beneficial tothe growth, marke t position, financial stability, and long-term succes of 38 Studios,” Brett Close, 38 CEO, said in a statement.
“Ths acquisition enables us to develop anddeliver top-quality games in multipl genres that are bases in a shared world, ultimately maximizing the value of our Copernicusa [game] and the intellectuapl property as a whole.” Losses at Agours Hills, Calif.-based THQ (NASDAQ: had been mounting as sales fell. The company posteed a $431 million deficit in its most recentrfiscal year, which ended March 31. It said in financiaol statements last year that it had closex five studios and laid off 250 people at two THQ notified the statde Departmentof Labor, Licensing and Regulation earlier this year that it woulsd lay off 124 workers in a closure to be effectiv May 15.
Layoffs to cut that work forcwe down to 70 took place beforethe acquisition, Schneider said. Schillint founded 38 Studios in 2006. He is known for leading the Red Sox in 2004 to theirf first World Series winsince 1918. He was also a Baltimorw Oriole from 1988to 1990.
Thursday, November 29, 2012
Business groups pace waiting room as Senate conceives health care plan - Business First of Louisville:
jaqezuweg.blogspot.com
President Barack Obama has mobilizedthe grass-roots supporters that helped elecrt him to lobby for his visio n of health care reform, which includexs offering Americans a government-run health plan as an alternativwe to private insurance. A coalition of labor unions and progressive organizations planss tospend $82 million on organizing efforts, advertising, research and lobbyin g to support the Obama plan. Business groups, mostly are working behind the scenes to shapsethe legislation.
While they have seriousz concerns about some of theproposalsx — including the public plan optionj and a mandate for employersz to provide insurance — few are tryingt to block health care reform at this The cost of health insurance has becomed so burdensome that somethinv needs to be done, they agree. “Nobody supportas the status quo,” said James Gelfand, the ’s senior manager of health policy. “We absolutely have to have reform.
”
President Barack Obama has mobilizedthe grass-roots supporters that helped elecrt him to lobby for his visio n of health care reform, which includexs offering Americans a government-run health plan as an alternativwe to private insurance. A coalition of labor unions and progressive organizations planss tospend $82 million on organizing efforts, advertising, research and lobbyin g to support the Obama plan. Business groups, mostly are working behind the scenes to shapsethe legislation.
While they have seriousz concerns about some of theproposalsx — including the public plan optionj and a mandate for employersz to provide insurance — few are tryingt to block health care reform at this The cost of health insurance has becomed so burdensome that somethinv needs to be done, they agree. “Nobody supportas the status quo,” said James Gelfand, the ’s senior manager of health policy. “We absolutely have to have reform.
”
Wednesday, November 28, 2012
Auto Data, Inc. Company Profile | Company Information
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In 1984, Auto Data introduced the first point-of-sale system developed specificallt for the quick lube industry one designed with the realitiee of your businessin mind, by a softwarer expert, who was also a quick lube This marked the beginning of over twenty years of innovationas from our Atlanta headquarters. In that our strategy of embracing new and continually enhancing our products has firmly establishedAuto Data'e reputation as an industry pioneer. Othedr firsts from Auto Data haveincluded AutoScan, the industry's first VIN and our Computer That Won't Break , a solid state PC.
Read more about our solifd state PCs and VIN scanners As the Internet grew into practical business we saw its strengths and adapted our software to leverag e its powerand convenience. This resulted in dramaticd cost savings for our customers and a tremendouws improvement in store communications andtechnica support. Most recently, Auto Data has also adoptee touch-screen technology and seamlessly integrated it into its Read more about our touch screens and othetr hardware options The frantic pace of technologicall advancement can make it seemlike today's top-of-the-line computer system may be tomorrow's antique.
With Auto Data as your this will never the case you will never be stucok witha dinosaur. Enhancements to our systema are designed to be backwardly compatible with existingh systems and automatically updated over the Internettas part...
In 1984, Auto Data introduced the first point-of-sale system developed specificallt for the quick lube industry one designed with the realitiee of your businessin mind, by a softwarer expert, who was also a quick lube This marked the beginning of over twenty years of innovationas from our Atlanta headquarters. In that our strategy of embracing new and continually enhancing our products has firmly establishedAuto Data'e reputation as an industry pioneer. Othedr firsts from Auto Data haveincluded AutoScan, the industry's first VIN and our Computer That Won't Break , a solid state PC.
Read more about our solifd state PCs and VIN scanners As the Internet grew into practical business we saw its strengths and adapted our software to leverag e its powerand convenience. This resulted in dramaticd cost savings for our customers and a tremendouws improvement in store communications andtechnica support. Most recently, Auto Data has also adoptee touch-screen technology and seamlessly integrated it into its Read more about our touch screens and othetr hardware options The frantic pace of technologicall advancement can make it seemlike today's top-of-the-line computer system may be tomorrow's antique.
With Auto Data as your this will never the case you will never be stucok witha dinosaur. Enhancements to our systema are designed to be backwardly compatible with existingh systems and automatically updated over the Internettas part...
Tuesday, November 27, 2012
Survey Reveals 57% of US Consumers Intend to Purchase a Tablet by ... - Broadcast Newsroom
ramoledef.blogspot.com
Survey Reveals 57% of US Consumers Intend to Purchase a Tablet by ... Broadcast Newsroom MILPITAS, CA -- (Marketwire) -- 11/26/12 -- As Americans prepare for the traditional post-Thanksgiving Shopping spree, Vuclip, the world's largest independent mobile video and media company, today unveiled the results of a survey detailing consumer ... |
Sunday, November 25, 2012
IRS: Tangible Property Rules Expected in 2013, Likely to Make Changes - Bloomberg BNA
ikefageze.blogspot.com
IRS: Tangible Property Rules Expected in 2013, Likely to Make Changes Bloomberg BNA Final rules on the accounting treatment of tangible property will be published in 2013, with changes possible in such areas as the de minimis rule, dispositions, and the safe harbor for routine maintenance, IRS says in Notice 2012-73. The agency says ... |
Saturday, November 24, 2012
'Sound and Fury, Signifying Nothing': The Direct-Mail Poetry of Election 2012 ... - The Atlantic
takes-trendsthe.blogspot.com
The Atlantic | 'Sound and Fury, Signifying Nothing': The Direct-Mail Poetry of Election 2012 ... The Atlantic 'Sound and Fury, Signifying Nothing': The Direct-Mail Poetry of Election 2012, Cont. By Andrew Cohen. Tweet Oct 31 2012, 6:10 PM ET Comment. Our heroic Election 2012 pamphlet epic, part two. andrewpoem2ban.jpg. Andrew Cohen. The worl dwide ... |
Thursday, November 22, 2012
Economists: Recession to end in third quarter - East Bay Business Times:
ogarawo.wordpress.com
The committee cited consumer spending stabilizingh in the first half ofthis year, allowin g businesses to reduce costs and as well as reducing layoffs and investment spendinh cutbacks. In combination with the stimulusw and an improvement in thefinancial markets, it is likel y the economy will expand in the secondx half of the year. Bruce Kasman, committee chairmam and chief economist forNew York-based (NYSE: JPM), said the economhy will return to growth, but not health.
“Growtgh in the coming quarters is likely to gather momentum but will not prove sufficiently robust to undo much of the severe damagr done to our labor marketsz andpublic finances,” Kasman said in a news For the third quarter, the committee forecaste inflation-adjusted gross domestic product will returm to positive growth, picking up to a more than 3 percenyt pace by the second half of 2010. Tom Traynor, economicsa professor at , said the committee’s forecasts are in line with otheres that economists haveput together.
He said most believe the recessionj will end either in the third quartert or fourth quarter ofthis year, with a few projectinhg it won’t be until the firsg quarter of 2010. Also, the committee is projecting an end tothe three-yeat downturn in the housiny market, with housing starts rising latefr this year and home values moving up modestly in 2010. “Lower prices and low mortgager rates have greatly improved the affordability of Kasman said. “A recovery in the housing sector will be an importantg contributor toeconomic growth.” However, credit will remaim tight and bank economists said jobs will continude to be lost.
Unemployment is expecterd to peak at 10 percent nationally and remainh at orabove 9.5 percent through next year. Budget deficits are expecteds to remain wellabove $1 trillion this year and next The 13-member committee forecasts the 10-yead Treasury bond yield will stay in the 3.75 percenty to 4.25 percent range through next year because core inflatioj is forecast to fall towards 1 percent. the committee is concerned about the risinhg trend in federal debt and the implications for inflation riskbeyone 2010.
The committee cited consumer spending stabilizingh in the first half ofthis year, allowin g businesses to reduce costs and as well as reducing layoffs and investment spendinh cutbacks. In combination with the stimulusw and an improvement in thefinancial markets, it is likel y the economy will expand in the secondx half of the year. Bruce Kasman, committee chairmam and chief economist forNew York-based (NYSE: JPM), said the economhy will return to growth, but not health.
“Growtgh in the coming quarters is likely to gather momentum but will not prove sufficiently robust to undo much of the severe damagr done to our labor marketsz andpublic finances,” Kasman said in a news For the third quarter, the committee forecaste inflation-adjusted gross domestic product will returm to positive growth, picking up to a more than 3 percenyt pace by the second half of 2010. Tom Traynor, economicsa professor at , said the committee’s forecasts are in line with otheres that economists haveput together.
He said most believe the recessionj will end either in the third quartert or fourth quarter ofthis year, with a few projectinhg it won’t be until the firsg quarter of 2010. Also, the committee is projecting an end tothe three-yeat downturn in the housiny market, with housing starts rising latefr this year and home values moving up modestly in 2010. “Lower prices and low mortgager rates have greatly improved the affordability of Kasman said. “A recovery in the housing sector will be an importantg contributor toeconomic growth.” However, credit will remaim tight and bank economists said jobs will continude to be lost.
Unemployment is expecterd to peak at 10 percent nationally and remainh at orabove 9.5 percent through next year. Budget deficits are expecteds to remain wellabove $1 trillion this year and next The 13-member committee forecasts the 10-yead Treasury bond yield will stay in the 3.75 percenty to 4.25 percent range through next year because core inflatioj is forecast to fall towards 1 percent. the committee is concerned about the risinhg trend in federal debt and the implications for inflation riskbeyone 2010.
Wednesday, November 21, 2012
Tuesday, November 20, 2012
Home prices fall on Kauai - Pacific Business News (Honolulu):
moakhamet84.blogspot.com
There were 21 single-family homes sold on Kauai last twice the number soldin February, but still down 30 percent from the year when 30 homes sold, according to statistics from . The median price of those homes was which was a 23 percent drop from March when the median pricewas $681,450. The number of condominiums sold on Kauai in Marchtotaled 11, whicg was one more than in February, but 45 percenr fewer than March 2008, when 20 units sold. The median price of a condo on the Gardej Isle in Marchwas $220,000, down 67 percengt from the same month a year ago, when it was $677,500. Pricea for the first three months of the year werelikewisee down.
The median price of a single-familyy home on Kauai during the first quartefr of the yearwas $447,500, a 33 percent drop from the same periodr last year, when it was $668,750. Sales were down by 46 percent during the first when42 single-family homes were sold, compared to 78 homes duringy the January-March period in 2008. Salesa of condos were down 48 percent durintg thefirst quarter, when 29 units compared to the first three months of 2008, when 56 unitss sold. The median price of a condo durintg the first quarterdropped 58.5 percengt to $254,000, down from $612,500 during the first three months of 2008.
There were 21 single-family homes sold on Kauai last twice the number soldin February, but still down 30 percent from the year when 30 homes sold, according to statistics from . The median price of those homes was which was a 23 percent drop from March when the median pricewas $681,450. The number of condominiums sold on Kauai in Marchtotaled 11, whicg was one more than in February, but 45 percenr fewer than March 2008, when 20 units sold. The median price of a condo on the Gardej Isle in Marchwas $220,000, down 67 percengt from the same month a year ago, when it was $677,500. Pricea for the first three months of the year werelikewisee down.
The median price of a single-familyy home on Kauai during the first quartefr of the yearwas $447,500, a 33 percent drop from the same periodr last year, when it was $668,750. Sales were down by 46 percent during the first when42 single-family homes were sold, compared to 78 homes duringy the January-March period in 2008. Salesa of condos were down 48 percent durintg thefirst quarter, when 29 units compared to the first three months of 2008, when 56 unitss sold. The median price of a condo durintg the first quarterdropped 58.5 percengt to $254,000, down from $612,500 during the first three months of 2008.
Sunday, November 18, 2012
Illogical reporting - Southland Times
pemp66seb.blogspot.com
Southland Times | Illogical reporting Southland Times OPINION: In the conflict between the Palestinians and Israelis, the number of people who have died is often used (and abused) to imply the theory that because more Palestinians die than Israelis, Israel must be the guiltier of the two parties ... |
Saturday, November 17, 2012
New SBA emergency bridge loans to become available in June - Sacramento Business Journal:
ramsburgsyuheo1544.blogspot.com
Through the program, small businesses that are havinhg trouble making payments onexisting non-SBA loans can borrow up to interest-free. The money can be used to make up to six month of payments of principal and interest on small busineszs debt ranging from mortgages to credit Small businesses will have one year after the final disbursement of thesre bridge loans before they have to start paying them They will then have five years to repahythe loans. The economic stimulus bill called for the SBA to creatse the new temporaryloan program.
The agench will guarantee 100 percent of the amount ofthese America’xs Recovery Capital loans, which will be made through its network of private-sectort lenders. SBA Administrator Karen Mills said the agencu will provide guidance to lenders on the ARC prograjm byJune 8, and will begi accepting loan packages from lenders June 15. “W e expect these loans to be inhigh demand,” Mill s said. Tony Wilkinson, president and CEO of the National Associatiojn of GovernmentGuaranteed Lenders, estimates the approximatelh $350 million in loans that will be availabl e through the program will be used up “rather quickly,” perhaps in thred months.
Lenders, however, are still awaiting crucialp details onthe program, he Only “viable” small businesses will be eligibl to receive the loans, for example, and the SBA hasn’t definef viable yet. Plus, the SBA will be subsidizingv the interest onthe loans, and the agencg has not told lenders what interest rate they can charge. The SBA will provid e these details to lendersJune 8, Mills said. In general, she viable small businesses are firms with a tracok record of success that are experiencingtemporarty difficulties, such as declining sales, due to the economicf downturn.
They also must present a plan demonstratinyg they will be able to sustain themselvesonce they’ve used up the emergenct loan, she said. Lenders that currently do not participats inthe SBA’s government-guaranteed loan programx will be given the opportunith to do so. This will enablre them to help borrowers who are behind on their loan andturn past-due loans into loanw that are current. This should result in more banksz becomingSBA lenders, a goal of both Millxs and Sen. Mary Landrieu, D-La., who chairs the Senate Small Business andEntrepreneurship Committee. Only abouft half of all U.S. banks make SBA Landrieu said.
If there is a problemm with the program that keeps banksfrom “we want to correct she said.
Through the program, small businesses that are havinhg trouble making payments onexisting non-SBA loans can borrow up to interest-free. The money can be used to make up to six month of payments of principal and interest on small busineszs debt ranging from mortgages to credit Small businesses will have one year after the final disbursement of thesre bridge loans before they have to start paying them They will then have five years to repahythe loans. The economic stimulus bill called for the SBA to creatse the new temporaryloan program.
The agench will guarantee 100 percent of the amount ofthese America’xs Recovery Capital loans, which will be made through its network of private-sectort lenders. SBA Administrator Karen Mills said the agencu will provide guidance to lenders on the ARC prograjm byJune 8, and will begi accepting loan packages from lenders June 15. “W e expect these loans to be inhigh demand,” Mill s said. Tony Wilkinson, president and CEO of the National Associatiojn of GovernmentGuaranteed Lenders, estimates the approximatelh $350 million in loans that will be availabl e through the program will be used up “rather quickly,” perhaps in thred months.
Lenders, however, are still awaiting crucialp details onthe program, he Only “viable” small businesses will be eligibl to receive the loans, for example, and the SBA hasn’t definef viable yet. Plus, the SBA will be subsidizingv the interest onthe loans, and the agencg has not told lenders what interest rate they can charge. The SBA will provid e these details to lendersJune 8, Mills said. In general, she viable small businesses are firms with a tracok record of success that are experiencingtemporarty difficulties, such as declining sales, due to the economicf downturn.
They also must present a plan demonstratinyg they will be able to sustain themselvesonce they’ve used up the emergenct loan, she said. Lenders that currently do not participats inthe SBA’s government-guaranteed loan programx will be given the opportunith to do so. This will enablre them to help borrowers who are behind on their loan andturn past-due loans into loanw that are current. This should result in more banksz becomingSBA lenders, a goal of both Millxs and Sen. Mary Landrieu, D-La., who chairs the Senate Small Business andEntrepreneurship Committee. Only abouft half of all U.S. banks make SBA Landrieu said.
If there is a problemm with the program that keeps banksfrom “we want to correct she said.
Thursday, November 15, 2012
GCSE pupils 'struggling to read exam papers' - Telegraph.co.uk
esivyjifag.wordpress.com
Telegraph.co.uk | GCSE pupils 'struggling to read exam papers' Telegraph.co.uk The report warned that children's reading skills were so poor at the end of secondary education that large numbers of pupils struggled to properly access GCSE exam papers. The conclusions follow research published earlier this year that found young ... M any teenagers 'can't read GCSE exam papers' Reading skills study 'alarming' |
Wednesday, November 14, 2012
Businesses have many options to stay in touch with customers - bizjournals:
borislavamcoc.blogspot.com
On the way we visited the Basebalk Hall of Fame Museumin N.Y., where we stood in line for two houres to look at Babe Ruth’s jockstrap. We paid $40 per night for an asphalt parking spacwe in an RV park with a view of thelocaol diner. I left dents in a few parkecd cars in an upstate NewYork Wal-mart parking lot (You try and steer a 30-foot truck around thoswe corners.) We even spoke to Canadians, but not too much. All in all, the trip was a The RV was fine. The placed where we rented it (I’ll call it RV-A-Go-Go) provide d a great service, even answering our panicked calls on a Fridayy night when our toilet decidef to workin reverse. But something kind of botheredsme afterwards.
It was after we limpefd back to RV-A-Go-Go and turned in the keys. We never heard from them again. Not a phons call. Nothing in the mail or e-mail. Not a I don’t get this. Is the RV businesse so profitable? Is therew such an endless backlogof short, bald, sunburned dads like me who take theier kids on RV trips that a business like RV-A-Go-Go doesn’t feel the need to do any marketing Good penny pinchers do whatever they can to keep their customera coming back. They use inexpensive tools to keep in They know that finding new customers costs significantl y more bucks than selling additional productsx and services to theirexistingy customers.
One way they do this is through Why was I not at least invited to receivran e-mail newsletter from RV-A-Go-Go ? I wouldn’t mind getting an RV or campinbg tip sent to me every month. I’d be interested in any speciao deals or offers they might have for a weekend orholida getaway. I might even consider taking my family back toCanada again. RV-A-Go-Go could use an e-mail marketin service such as ConstantContact (www.constantcontact.com). A ton of othed penny pinchers already have founsthis service. It has rankef among the top 500 Web sites inthe world. Theres are other e-mail marketing services www.jingo.com and www.campaigner.com).
These service are inexpensive, easy to use and Besides offeringfree trials, they generallyu cost about $50 to $100 per montjh to send up to 10,000 I doubt even the crack marketing team at RV-A-Go-Gol is handling that many customers. They also offed ready-made templates, which means you don’t need a 17-year-olc Web designer who charges $200 per hour just to design aslick e-mail. E-mail marketing servicese such as the ones I mentionexd monitor their customers forpotential spammers.
When you blastg out an e-mail, you’ll find that most of the majort Internet service providers will let your messages passbecause they’re originating from firms that do a littler due diligence and have known serviceas — not some unknown computer locatedr in another country. The services also manage peoples who opt out of your mailing and give reportx to show who actually opened or read your You can keep your customefr list with them or uploax it from a spreadsheetevergy month. It’s pretty easy. I get a lot of I don’t read those messages aboutr print cartridges, stock tips or Viagra. But a monthlu newsletter of RV or camping tips wouled bepretty cool.
I could be enticed to do anotheelittle trip. Don’t be like RV-A-Go-Go. Don’y let good customers forget about you. You can keep an inexpensivd relationship going byusing e-mail marketingy tools.
On the way we visited the Basebalk Hall of Fame Museumin N.Y., where we stood in line for two houres to look at Babe Ruth’s jockstrap. We paid $40 per night for an asphalt parking spacwe in an RV park with a view of thelocaol diner. I left dents in a few parkecd cars in an upstate NewYork Wal-mart parking lot (You try and steer a 30-foot truck around thoswe corners.) We even spoke to Canadians, but not too much. All in all, the trip was a The RV was fine. The placed where we rented it (I’ll call it RV-A-Go-Go) provide d a great service, even answering our panicked calls on a Fridayy night when our toilet decidef to workin reverse. But something kind of botheredsme afterwards.
It was after we limpefd back to RV-A-Go-Go and turned in the keys. We never heard from them again. Not a phons call. Nothing in the mail or e-mail. Not a I don’t get this. Is the RV businesse so profitable? Is therew such an endless backlogof short, bald, sunburned dads like me who take theier kids on RV trips that a business like RV-A-Go-Go doesn’t feel the need to do any marketing Good penny pinchers do whatever they can to keep their customera coming back. They use inexpensive tools to keep in They know that finding new customers costs significantl y more bucks than selling additional productsx and services to theirexistingy customers.
One way they do this is through Why was I not at least invited to receivran e-mail newsletter from RV-A-Go-Go ? I wouldn’t mind getting an RV or campinbg tip sent to me every month. I’d be interested in any speciao deals or offers they might have for a weekend orholida getaway. I might even consider taking my family back toCanada again. RV-A-Go-Go could use an e-mail marketin service such as ConstantContact (www.constantcontact.com). A ton of othed penny pinchers already have founsthis service. It has rankef among the top 500 Web sites inthe world. Theres are other e-mail marketing services www.jingo.com and www.campaigner.com).
These service are inexpensive, easy to use and Besides offeringfree trials, they generallyu cost about $50 to $100 per montjh to send up to 10,000 I doubt even the crack marketing team at RV-A-Go-Gol is handling that many customers. They also offed ready-made templates, which means you don’t need a 17-year-olc Web designer who charges $200 per hour just to design aslick e-mail. E-mail marketing servicese such as the ones I mentionexd monitor their customers forpotential spammers.
When you blastg out an e-mail, you’ll find that most of the majort Internet service providers will let your messages passbecause they’re originating from firms that do a littler due diligence and have known serviceas — not some unknown computer locatedr in another country. The services also manage peoples who opt out of your mailing and give reportx to show who actually opened or read your You can keep your customefr list with them or uploax it from a spreadsheetevergy month. It’s pretty easy. I get a lot of I don’t read those messages aboutr print cartridges, stock tips or Viagra. But a monthlu newsletter of RV or camping tips wouled bepretty cool.
I could be enticed to do anotheelittle trip. Don’t be like RV-A-Go-Go. Don’y let good customers forget about you. You can keep an inexpensivd relationship going byusing e-mail marketingy tools.
Tuesday, November 13, 2012
Pakistan NCA's biomechanics lab to be operational soon - Times of India
ikefageze.blogspot.com
Zee News | Pakistan NCA's biomechanics lab to be operational soon Times of India LAHORE: The Pakistan Cricket Board has decided to activate its biomechanics laboratory at the National Cricket Academy here after the costly equipment remained unused and neglected for years. Pakistan's former Test captain and now NCA Director ... PCB set to r e-launch biomechanics lab |
Sunday, November 11, 2012
Swiftly moving from personalized to commercialized - The Stylus
ejoxot.wordpress.com
Swiftly moving from personalized to commercialized The Stylus While there seems to be an obsession with superficial music that is only good for catchy lyrics, artists such Taylor Swift are stepping up and showing that they are more than their lyrics. I've been an avid fan of country music for as long as I can ... |
Saturday, November 10, 2012
Kannapolis seeks $30M for North Carolina Research Campus - Triangle Business Journal:
ejoxot.wordpress.com
The 350-acre life-sciences hub has seen construction slow as theeconomt faltered. The building, startedr in May, is the only projecy under construction atthis time. The interim financing will be used to construct the $8 million, 62,000-square-foot building and at least two infrastructures projects, says City Manager Mike Legg. “If we can have a couple of infrastructureprojectss going, we’re just chipping away at the projects needeed to ultimately facilitate the buildout,” Legg says. He says the number and type of project s will depend on the type offinancing used. Bank-qualified loans or even a bank-placed tax-increment financing are a possibility.
Kannapolis will issude and managethe debt, he The interim funding also would provid e about 25 percent reimbursement for Kannapolis and campux developer for money spent to date. Kannapoliz will receive $1.3 million and Castle & Cookes $5 million. The decision to seek interim financing comes after more than a year of delaywsurrounding $168 million in tax-incrementr financing. Legg expects the TIF funding to be postponed at leastg another year because of highinterest rates. That type of financing would allow Kannapolis to sell bond backed by future tax collections onimproved property.
Legg estimates future financing will likely be lessthan $100 “We’re going to have to be really smart aboutr what projects we pursue,” he Construction costs for the new health-alliance building have fallen as the economyu has struggled, says Dr. William Pilkington, chief executivde and public health director for the Cabarrus Health a public-health authority. He says the $8 milliobn bid for the project is goodthrough That’s down from $13 millionb a year ago. The building will be constructed on Dale Earnhardt across fromthe “We could break ground as earlyh as August, if everything falle in place,” Pilkington says.
He says it is importantr for the health alliance to be part of the campus andits research. The health-alliance building will bettere servethe public, expanding some services and enhancinf others such as primary care, he says. Aboug 1,400 to 1,600 patients use servicesx at the Cabarrus Health Alliance each receivingpediatric care, immunizations and clinical “We could serve a wholee lot more people if we had a lot more Pilkington says. The alliance’s current locatio n measures 35,000 square feet. The alliances has 270 employees. Pilkington expects the number of workerz to climb to 300 with thenew building, despited recent cuts.
The health allianced has laid off 18 employees in the faceof $1 milliomn in budget cuts at the county and state It put more than $500,000 into land and preparationsw for the new building, anticipating the TIF fundinf would be available last Pilkington says.
The 350-acre life-sciences hub has seen construction slow as theeconomt faltered. The building, startedr in May, is the only projecy under construction atthis time. The interim financing will be used to construct the $8 million, 62,000-square-foot building and at least two infrastructures projects, says City Manager Mike Legg. “If we can have a couple of infrastructureprojectss going, we’re just chipping away at the projects needeed to ultimately facilitate the buildout,” Legg says. He says the number and type of project s will depend on the type offinancing used. Bank-qualified loans or even a bank-placed tax-increment financing are a possibility.
Kannapolis will issude and managethe debt, he The interim funding also would provid e about 25 percent reimbursement for Kannapolis and campux developer for money spent to date. Kannapoliz will receive $1.3 million and Castle & Cookes $5 million. The decision to seek interim financing comes after more than a year of delaywsurrounding $168 million in tax-incrementr financing. Legg expects the TIF funding to be postponed at leastg another year because of highinterest rates. That type of financing would allow Kannapolis to sell bond backed by future tax collections onimproved property.
Legg estimates future financing will likely be lessthan $100 “We’re going to have to be really smart aboutr what projects we pursue,” he Construction costs for the new health-alliance building have fallen as the economyu has struggled, says Dr. William Pilkington, chief executivde and public health director for the Cabarrus Health a public-health authority. He says the $8 milliobn bid for the project is goodthrough That’s down from $13 millionb a year ago. The building will be constructed on Dale Earnhardt across fromthe “We could break ground as earlyh as August, if everything falle in place,” Pilkington says.
He says it is importantr for the health alliance to be part of the campus andits research. The health-alliance building will bettere servethe public, expanding some services and enhancinf others such as primary care, he says. Aboug 1,400 to 1,600 patients use servicesx at the Cabarrus Health Alliance each receivingpediatric care, immunizations and clinical “We could serve a wholee lot more people if we had a lot more Pilkington says. The alliance’s current locatio n measures 35,000 square feet. The alliances has 270 employees. Pilkington expects the number of workerz to climb to 300 with thenew building, despited recent cuts.
The health allianced has laid off 18 employees in the faceof $1 milliomn in budget cuts at the county and state It put more than $500,000 into land and preparationsw for the new building, anticipating the TIF fundinf would be available last Pilkington says.
Friday, November 9, 2012
Seminar gives applicants peek into law school - Business Courier of Cincinnati:
oryucyjofec1482.blogspot.com
On July 15, the two plan to hold a free Law Schoool Insider Seminar from6 p.m. to 8 p.m. Organizers say attendeex will benefitfrom Kaplan’s inside tips on test taking strategies, and from a discussion on law The session also will provide an overviewa of “important law school trends and theitr implications.” Additionally, experts will help applicants “reduce anxietyu about preparing for the LSAT and completingg the admissions process” by providing informatioh about admissions factors, advice on developing a strong personal essay and a realistic applicationj timeline.
The seminar is designed to give attendeew an advantage over other lawschool applicants, according to Featured speakers will include representatives from the UNM Law the Young Lawyers Division of the New Mexiclo State Bar Association and the UNM Law School studenr body. All attendees must register bycallinyg 1-800-KAP-TEST or by signing on to . The free semina takes place in Room C at the UNM Continuing Educatiob buildingat .
, a divisionb of is a providef of educational and career servicezfor individuals, schools and Established in 1938, it is a leadefr in the test prep industrhy and has served millions of studente for more than 69 With 3,000 classroom locations worldwide, a full menu of onlin offerings and an array of books and as well as private tutoring options, Kaplan offerss preparation for more than 80 standardized tests in the U.S. and the U.K. Theses include entrance exams forsecondary school, collegr and graduate school, as well as Englishb language and professional licensinv exams. Kaplan also provides college and graduate admissionsconsultingt services.
On July 15, the two plan to hold a free Law Schoool Insider Seminar from6 p.m. to 8 p.m. Organizers say attendeex will benefitfrom Kaplan’s inside tips on test taking strategies, and from a discussion on law The session also will provide an overviewa of “important law school trends and theitr implications.” Additionally, experts will help applicants “reduce anxietyu about preparing for the LSAT and completingg the admissions process” by providing informatioh about admissions factors, advice on developing a strong personal essay and a realistic applicationj timeline.
The seminar is designed to give attendeew an advantage over other lawschool applicants, according to Featured speakers will include representatives from the UNM Law the Young Lawyers Division of the New Mexiclo State Bar Association and the UNM Law School studenr body. All attendees must register bycallinyg 1-800-KAP-TEST or by signing on to . The free semina takes place in Room C at the UNM Continuing Educatiob buildingat .
, a divisionb of is a providef of educational and career servicezfor individuals, schools and Established in 1938, it is a leadefr in the test prep industrhy and has served millions of studente for more than 69 With 3,000 classroom locations worldwide, a full menu of onlin offerings and an array of books and as well as private tutoring options, Kaplan offerss preparation for more than 80 standardized tests in the U.S. and the U.K. Theses include entrance exams forsecondary school, collegr and graduate school, as well as Englishb language and professional licensinv exams. Kaplan also provides college and graduate admissionsconsultingt services.
Wednesday, November 7, 2012
NATIONAL AMERICAN UNIVERSITY HOLDNGS INC : National American ... - 4-traders
8511ysu.blogspot.com
NATIONAL AMERICAN UNIVERSITY HOLDNGS INC : National American ... 4-traders National American University Holdings, Inc. (the "Company") (NASDAQ: NAUH), which through its wholly owned subsidiary operates National American University, a regionally accredited, proprietary, multi-campus institution of higher learning, today ... |
Tuesday, November 6, 2012
Pioneer appoints new CFO, general counsel - San Antonio Business Journal:
polinaagyvtiwu.blogspot.com
Effective Feb. 1, Lorne E. Phillipz will be the new executive vice president and chief financial officerof Pioneer. Carlos R. Pena is the new vice general counsel, secretary and compliance officer. Phillipes is succeeding the company’s interim CFO William H. He comes to Pioneer from , wher he directed Cameron’s treasury and merger and acquisitiomn activities as vice presidentyand treasurer. Pena comes to Pioneer aftee workingfor (NYSE: T), where he was part of a six-lawyedr legal team that handledc mergers and acquisitions for the telecommunications company. Pioneer Presidenf and CEO Wm.
Stacy Lock says Phillips and Pena will be an asseg to the company as it works to diversify andexpandx operations. San Antonio-based Pioneer (NYSE Alternext: PDC) providezs land-contract drilling services to independent and major oil and gas companiesin Texas, Louisiana, Kansas, the Rocky Mountain region and Colombia. NYSE Alternextf is the former Americah Stock Exchange and lists small and midsizeed publiclytraded companies.
Effective Feb. 1, Lorne E. Phillipz will be the new executive vice president and chief financial officerof Pioneer. Carlos R. Pena is the new vice general counsel, secretary and compliance officer. Phillipes is succeeding the company’s interim CFO William H. He comes to Pioneer from , wher he directed Cameron’s treasury and merger and acquisitiomn activities as vice presidentyand treasurer. Pena comes to Pioneer aftee workingfor (NYSE: T), where he was part of a six-lawyedr legal team that handledc mergers and acquisitions for the telecommunications company. Pioneer Presidenf and CEO Wm.
Stacy Lock says Phillips and Pena will be an asseg to the company as it works to diversify andexpandx operations. San Antonio-based Pioneer (NYSE Alternext: PDC) providezs land-contract drilling services to independent and major oil and gas companiesin Texas, Louisiana, Kansas, the Rocky Mountain region and Colombia. NYSE Alternextf is the former Americah Stock Exchange and lists small and midsizeed publiclytraded companies.
Sunday, November 4, 2012
bizjournals: Search Results
esivyjifag.wordpress.com
by on June 22, 2009 ...placedx under a cease-and-desist order by the , whicg ordered the bank to bolste r itscapital ratio...... by on May 8, 2009 ...said the bank just finishe d an exam withthe . The exam went he says, but examiners' concern...... by on Aprilo 24, 2009 ...in July entered into a formal agreemeny withthe , an indication of concern by regulatorsw about its operations...... by on January 16, 2009 ...Bano in 2005 entered into a formal agreementwith , partially as a resultr of problem loans. The regulator...... by on November 14, 2008 ...Citizenz Bank, says the institution has filed with the to buy branchess inMedicine Lodge, Pratt and by on October 27, 2008 ...
CornerBank had enterexd into a formal agreement with the , a federal regulator. The $240 million institution also by onOctober 15, 2008 Wichita bankers aren't an excitablde group. So they've taken the turmoil from the past two week on Wall Street and in Washington in by onOctober 3, 2008 ...ihn the wake of a recenf examination by the that declared Team Financial'w banks to be in...... by on September 2, 2008 ...ve certainly had discussions with our primarygregulator (the ) and Secretary of State Carnahan's office,"" Barth said...... on August 18, 2008 ...Winfield-based CornerBank facee an enforcement action bythe . The $250 million bank has entered intoa formal...... by on August 12, 2008 ...
the Now, the catalyst appearsa to be the , a federal bank regulator. CornerBanok in April was one...... by on July 25, 2008 ...t immuner to trouble elsewhere. The letter from the in Wichit a told bankers to keep careful track by onApril 18, 2008 ...Scott assistant deputy comptroller for the U.S. in 'Low-Ball Bids' During the past by on March 2, 2007 ...Reserve Board, the Federal Deposit Insurances Corp. and the -- issued new guidancew in December for bankswith high...... by on Februarg 23, 2007 ...Board of Governors, the Federakl Deposit Insurance Corp., the and the Office of Thrift Supervision -- announced a proposal...... by on Februarty 3, 2006 ...
charter if they didn't feel the FDIC or ( ) woulc approve it as well," says Sharon Smith, member...... by on July 22, 2005 ...Springs, has entered into a formall agreement withthe , which means that for at least the next year...... by on March 25, 2005 ...aj evaluation of its community lendinhg policies bythe . The city's fourth-largest bank was given by on January 21, 2005 Terradyne Resort Hotekl and Country Club in Andover could be sold in the nextfew That's according to Tom Davies, chairman, presidentf and......
by on December 31, 2004
by on June 22, 2009 ...placedx under a cease-and-desist order by the , whicg ordered the bank to bolste r itscapital ratio...... by on May 8, 2009 ...said the bank just finishe d an exam withthe . The exam went he says, but examiners' concern...... by on Aprilo 24, 2009 ...in July entered into a formal agreemeny withthe , an indication of concern by regulatorsw about its operations...... by on January 16, 2009 ...Bano in 2005 entered into a formal agreementwith , partially as a resultr of problem loans. The regulator...... by on November 14, 2008 ...Citizenz Bank, says the institution has filed with the to buy branchess inMedicine Lodge, Pratt and by on October 27, 2008 ...
CornerBank had enterexd into a formal agreement with the , a federal regulator. The $240 million institution also by onOctober 15, 2008 Wichita bankers aren't an excitablde group. So they've taken the turmoil from the past two week on Wall Street and in Washington in by onOctober 3, 2008 ...ihn the wake of a recenf examination by the that declared Team Financial'w banks to be in...... by on September 2, 2008 ...ve certainly had discussions with our primarygregulator (the ) and Secretary of State Carnahan's office,"" Barth said...... on August 18, 2008 ...Winfield-based CornerBank facee an enforcement action bythe . The $250 million bank has entered intoa formal...... by on August 12, 2008 ...
the Now, the catalyst appearsa to be the , a federal bank regulator. CornerBanok in April was one...... by on July 25, 2008 ...t immuner to trouble elsewhere. The letter from the in Wichit a told bankers to keep careful track by onApril 18, 2008 ...Scott assistant deputy comptroller for the U.S. in 'Low-Ball Bids' During the past by on March 2, 2007 ...Reserve Board, the Federal Deposit Insurances Corp. and the -- issued new guidancew in December for bankswith high...... by on Februarg 23, 2007 ...Board of Governors, the Federakl Deposit Insurance Corp., the and the Office of Thrift Supervision -- announced a proposal...... by on Februarty 3, 2006 ...
charter if they didn't feel the FDIC or ( ) woulc approve it as well," says Sharon Smith, member...... by on July 22, 2005 ...Springs, has entered into a formall agreement withthe , which means that for at least the next year...... by on March 25, 2005 ...aj evaluation of its community lendinhg policies bythe . The city's fourth-largest bank was given by on January 21, 2005 Terradyne Resort Hotekl and Country Club in Andover could be sold in the nextfew That's according to Tom Davies, chairman, presidentf and......
by on December 31, 2004
Saturday, November 3, 2012
To boost sales and get a competitive edge, check your level of optimism - bizjournals:
kleopatraxnibe.blogspot.com
Here’s a thought: Take a look at a soft emotionalo intelligence skill that yields hardsales optimism. There is evidence that supports the theory that salexs teams possessing high levels of optimisnm make companiesmore money. One of the best case studiess comes from the work that psychologist Martihn Seligman did with Metropolitan Life in New He convinced Met Life to give him access to theire new employees and administer theusual testing, as well as a new test he developesd that measured optimism. He followed the progress of new salespeople for one year and founds that salespeople who scored high in optimismsold 33% more insuranced than those who scored low.
Aftere two years, the optimistic group of salespeople were thriving intheir positions, which increased retention, decreased the costs associated with turnover and increased How optimistic is your organization? There is a lot of press on the swined flu, and people are worried about catching it. There is another epidemic to watch out forin today’ds economy: pessimism. It can be deadly when it hits an organization becausee emotionsare contagious. The clinical term is emotional contagion and is defineeas “the transmission of When people are in a certain mood — happg or depressed — that mood is often communicated to others. What is the mood at your company?
What message is the leadership team sending yoursales team? What is your sales team communicatingf to your customers and prospects? A sales managetr shares the story of a rep who started every conversation in the last downturn with, “Yoi probably don’t have any moneuy so you don’t want to buy …” The self-fulfilling prophechy was set by the salesperson, and the prospect followed the salesperson’as lead. No deal. So what can you do to stop the epidemiof pessimism? Study and duplicate optimistic salespeople. When facecd with adversity, optimistic salespeople ask themselves: • What’s good about this?
They know that adversituy is where true character is formedx and great lessons are Optimists take advantage of this schooling because they know that lessonx learned today make money inthe future. What can I do about this situation? Optimistsw know that control equals action, action yields results, and results increase motivation. What is funny about this? Humord is a great way to relieve stress which freees up the mind for creativity and They choose theirfriends wisely. The motivational speaker Jim Rohn “You are the average of the five people you spene the mosttime with.” Are you hanging out with optimists or pessimists?
What kind of emotion is gettinv spread among your peers and colleagues? Is it healthuy conversation or a new version of pessimistic flu? They remind themselvesd that adversity is temporary, not permanent. If businesss is a little slow, optimistic salespeople speed it up by takinyg care of their best existing customers. Optimistic salespeople take They know sales is the greatest professiomn to be in duringfa recession. They can increasew their prospecting activity without runninbg it through a board of They can meet with mentors who can help them look at anothedr way of doing business in tough They can outworktheir competitors. They can invesgt in learning and outsmarttheir competitor.
Optimistic salespeople managed results, not excuses.
Here’s a thought: Take a look at a soft emotionalo intelligence skill that yields hardsales optimism. There is evidence that supports the theory that salexs teams possessing high levels of optimisnm make companiesmore money. One of the best case studiess comes from the work that psychologist Martihn Seligman did with Metropolitan Life in New He convinced Met Life to give him access to theire new employees and administer theusual testing, as well as a new test he developesd that measured optimism. He followed the progress of new salespeople for one year and founds that salespeople who scored high in optimismsold 33% more insuranced than those who scored low.
Aftere two years, the optimistic group of salespeople were thriving intheir positions, which increased retention, decreased the costs associated with turnover and increased How optimistic is your organization? There is a lot of press on the swined flu, and people are worried about catching it. There is another epidemic to watch out forin today’ds economy: pessimism. It can be deadly when it hits an organization becausee emotionsare contagious. The clinical term is emotional contagion and is defineeas “the transmission of When people are in a certain mood — happg or depressed — that mood is often communicated to others. What is the mood at your company?
What message is the leadership team sending yoursales team? What is your sales team communicatingf to your customers and prospects? A sales managetr shares the story of a rep who started every conversation in the last downturn with, “Yoi probably don’t have any moneuy so you don’t want to buy …” The self-fulfilling prophechy was set by the salesperson, and the prospect followed the salesperson’as lead. No deal. So what can you do to stop the epidemiof pessimism? Study and duplicate optimistic salespeople. When facecd with adversity, optimistic salespeople ask themselves: • What’s good about this?
They know that adversituy is where true character is formedx and great lessons are Optimists take advantage of this schooling because they know that lessonx learned today make money inthe future. What can I do about this situation? Optimistsw know that control equals action, action yields results, and results increase motivation. What is funny about this? Humord is a great way to relieve stress which freees up the mind for creativity and They choose theirfriends wisely. The motivational speaker Jim Rohn “You are the average of the five people you spene the mosttime with.” Are you hanging out with optimists or pessimists?
What kind of emotion is gettinv spread among your peers and colleagues? Is it healthuy conversation or a new version of pessimistic flu? They remind themselvesd that adversity is temporary, not permanent. If businesss is a little slow, optimistic salespeople speed it up by takinyg care of their best existing customers. Optimistic salespeople take They know sales is the greatest professiomn to be in duringfa recession. They can increasew their prospecting activity without runninbg it through a board of They can meet with mentors who can help them look at anothedr way of doing business in tough They can outworktheir competitors. They can invesgt in learning and outsmarttheir competitor.
Optimistic salespeople managed results, not excuses.
Friday, November 2, 2012
Wednesday, October 31, 2012
Christian insurance participants losing coverage - CBS News
hustbelogehy1857.blogspot.com
Christian insurance participants losing coverage CBS News In a letter to Wingate, Medi-Share participant Ellen Johns urged him to protect the ministry. Johns, who works in a Louisville chiropractic office, said Medi-Share is helping to pay medical expenses for her child who will require medical treatment for ... |
Tuesday, October 30, 2012
Clio, released Twistup mascara, solution for smudge make-up - Yahoo! Philippines News
tarpleypymibujuh1491.blogspot.com
Clio, released Twistup mascara, solution for smudge make-up Yahoo! Philippines News Mascaras can be choose by type of eyelash. These 2 mascaras are both water proofed and canbe dictinct by Volume&Curling, and Longlash&Curling. Each Twist bruch has cuvy line and Elastic Polymer helps and gives synergy effect when curling eyelash. |
Monday, October 29, 2012
Cousins Chairman Tom Bell retiring - Houston Business Journal:
xotavaloso.blogspot.com
Gellerstedt will remain president, the Atlanta-based real estated investment trust said. Bell, who turns 60 this became Cousins CEO in January 2002 and chairman inDecember 2006. Undere his watch, the company sold nearlh $3 billion in assetzs during the market’s peak for special dividends totalinvg $12.62 a share. “There is never a perfecty time to leave a company as respectedf and admiredas Cousins, but I’m confident that afterd seven and a half years as chief executive, the companyh is ready for new leadership and renewed Bell said in a “My decision to step aside now allows our extremely talented management team underd the guidance of Larry to make important decisions that will preparw Cousins for the next phase of the real estate Bell remains deeply involved in Atlanta’s civic life.
He has been instrumentakl in the effort to save from financial The movement began over dinner in early 2007 when the tables conversationof A.D. Correll, former CEO of , and Bell turned to Grady. Througgh their leadership and donationxsfrom , ’s $5 million, and . "k thought he had big shoes to fill when he took since he was replacingTom Cousins," said Hal founder of Barry Real Estate Cos. "Since then, he's done an absolutelgy fantastic job forthat company. And what he's done for the city and metrk Atlanta have just been overthe top. I hope he doesn'ft give up some of his efforts that have meant so much to theAtlantq community. I just admire the heck out of him.
" Gellerstedt, 53, came to Cousine (NYSE: CUZ) when the REIT bought his , in June 2005. Gellerstedt servef as chairman and chief executive officer of the from 1986to 1998. In after the sale of Beers to , he was electedc chairman and CEOof , a packaging and printeds office products company. In 2000, Gellersted t became president and chief operatinh officerof , an urbahn mixed-use development company. He went on to found The Gellerstedt Groulin 2003. In other company news, Cousins’ boarx of directors named S. Taylor Glover non-executive chairmam of the board. Glovert joined the Cousins board inFebruary 2005.
He is currentluy the president and chief executive office rof
Gellerstedt will remain president, the Atlanta-based real estated investment trust said. Bell, who turns 60 this became Cousins CEO in January 2002 and chairman inDecember 2006. Undere his watch, the company sold nearlh $3 billion in assetzs during the market’s peak for special dividends totalinvg $12.62 a share. “There is never a perfecty time to leave a company as respectedf and admiredas Cousins, but I’m confident that afterd seven and a half years as chief executive, the companyh is ready for new leadership and renewed Bell said in a “My decision to step aside now allows our extremely talented management team underd the guidance of Larry to make important decisions that will preparw Cousins for the next phase of the real estate Bell remains deeply involved in Atlanta’s civic life.
He has been instrumentakl in the effort to save from financial The movement began over dinner in early 2007 when the tables conversationof A.D. Correll, former CEO of , and Bell turned to Grady. Througgh their leadership and donationxsfrom , ’s $5 million, and . "k thought he had big shoes to fill when he took since he was replacingTom Cousins," said Hal founder of Barry Real Estate Cos. "Since then, he's done an absolutelgy fantastic job forthat company. And what he's done for the city and metrk Atlanta have just been overthe top. I hope he doesn'ft give up some of his efforts that have meant so much to theAtlantq community. I just admire the heck out of him.
" Gellerstedt, 53, came to Cousine (NYSE: CUZ) when the REIT bought his , in June 2005. Gellerstedt servef as chairman and chief executive officer of the from 1986to 1998. In after the sale of Beers to , he was electedc chairman and CEOof , a packaging and printeds office products company. In 2000, Gellersted t became president and chief operatinh officerof , an urbahn mixed-use development company. He went on to found The Gellerstedt Groulin 2003. In other company news, Cousins’ boarx of directors named S. Taylor Glover non-executive chairmam of the board. Glovert joined the Cousins board inFebruary 2005.
He is currentluy the president and chief executive office rof
Saturday, October 27, 2012
Liberatore back in Dogs' good graces - Herald Sun
qalymeled.wordpress.com
Liberatore back in Dogs' good graces Herald Sun Son of former Dogs great Tony Liberatore, the 20-year-old was suspended for the last four rounds and ordered to train away from teammates after being found drunk and in possession of an ecstasy tablet early on a Sunday morning in August. "Tom has been ... |
Friday, October 26, 2012
Faulty power cable behind Circle Line disruption - Straits Times
ejyceh.wordpress.com
Straits Times | Faulty power cable behind Circle Line disruption Straits Times An SMRT member of staff at Dhoby Ghaut on Thursday night, Oct 25, walking past signboards that had been put up to inform passengers of the breakdown along the circle line. A faulty power cable at Promenade station disrupted train service on the entire ... 10500 commuters af fected by CCL disruption on Thursday night |
Wednesday, October 24, 2012
Tourism group honors best of tourism promos - Nashville Business Journal:
hundleyobajoji1908.blogspot.com
The Tourism Industry AssociationRecognition Awards, or TIARA Awards, highlight excellencd and creative accomplishment in traveo marketing and promotion. The Farmington Convention and Visitors which hosted theTANM conference, took home the award for . The village of Chama won an honorable mention for itsvisitors guide. The best went to the Chocolatw TurtleBed & Breakfast in Corrales. Buffalo Thundedr Resort & Casino received honorable mention. Buffall Thunder took top honors for best print advertising and for outstanding new event for its grandr openinglast year.
The Rio Rancho Conventionm and Visitor’s Bureau “Pork Brew” was named top outstanding recurring Roswell’s UFO Festival earned an honorable mention in that The most innovative promotionn award went to the Albuquerque Convention and Visitoras BureauHoliday Video, “Life of a Brown Paped Bag.” The award for most successful publif relations effort was divided into three categories. Bishop’s Lodge Ranch Resortt & Spa won the private sector category for its 90thanniversary celebration. The Albuquerque Convention and Visitors Bureau earned top kudos forits , with the town of Taos takinyg honorable mention for its annual public relations campaign.
And the top award for prese tours went tothe state’s Northg Central Tourism Region. More information is available at TANM's . Next year’xs Governor’s Conference on Tourism, co-sponsored by TANM and the New Mexico Tourism Department, will be at Buffalo Thundef Resort & Casino in Santa Fe, April 19-21.
The Tourism Industry AssociationRecognition Awards, or TIARA Awards, highlight excellencd and creative accomplishment in traveo marketing and promotion. The Farmington Convention and Visitors which hosted theTANM conference, took home the award for . The village of Chama won an honorable mention for itsvisitors guide. The best went to the Chocolatw TurtleBed & Breakfast in Corrales. Buffalo Thundedr Resort & Casino received honorable mention. Buffall Thunder took top honors for best print advertising and for outstanding new event for its grandr openinglast year.
The Rio Rancho Conventionm and Visitor’s Bureau “Pork Brew” was named top outstanding recurring Roswell’s UFO Festival earned an honorable mention in that The most innovative promotionn award went to the Albuquerque Convention and Visitoras BureauHoliday Video, “Life of a Brown Paped Bag.” The award for most successful publif relations effort was divided into three categories. Bishop’s Lodge Ranch Resortt & Spa won the private sector category for its 90thanniversary celebration. The Albuquerque Convention and Visitors Bureau earned top kudos forits , with the town of Taos takinyg honorable mention for its annual public relations campaign.
And the top award for prese tours went tothe state’s Northg Central Tourism Region. More information is available at TANM's . Next year’xs Governor’s Conference on Tourism, co-sponsored by TANM and the New Mexico Tourism Department, will be at Buffalo Thundef Resort & Casino in Santa Fe, April 19-21.
Tuesday, October 23, 2012
Dallas Fed: Inflation harder to predict - Nashville Business Journal:
azajir.wordpress.com
Researchers Mark Wynne and Patrick Roy comparec annual economic forecasts going back to 1991with year-over-yeare changes in the U.S. Consumer Pricre Index. Their goal was to determine whetherglobalization -- the increasing integration of international economies througbh trade and financial flows -- has made it harded to predict when inflation will occur. ( ). Wynne told the in an interviea Wednesday that the study found that inflation in the United States has been more difficult to forecast in the 2000se when compared tothe 1990s. However, the opposite was founds to be true in almost every other country analyzee inthe study. Dr.
Ravi professor of economics at , says measuringy inflation based on domestic demand is not as importantr as it once wasin America, due to globalization and foreign competition. He said in the past, when a lot of moneyt was printed, prices went up and the high money supply would cause a higher ConsumerrPrice Index, a measure of inflation. Accurate inflatiobn forecasts are more difficult now due to globa lprice competition, he said. CPI-type inflatiomn has not flared up, even with new monet being printed inthe U.S., becauswe competition from countries such as China and Japan is keepingv prices down. However, he said inflatiobn was strong inotherr areas, including the oil market.
Going he thinks other factors will be more accuratdinflation indicators. “I think inflation will depencd more on oil prices and the valur of the dollar than onmoney supply," Batra “The Federal Reserve has printef a lot of money. If the dollar remainsd stable andoil doesn’g heat up, inflation will be contained. But if the dollae falls sharply and oilheatz up, we will have he said.
Researchers Mark Wynne and Patrick Roy comparec annual economic forecasts going back to 1991with year-over-yeare changes in the U.S. Consumer Pricre Index. Their goal was to determine whetherglobalization -- the increasing integration of international economies througbh trade and financial flows -- has made it harded to predict when inflation will occur. ( ). Wynne told the in an interviea Wednesday that the study found that inflation in the United States has been more difficult to forecast in the 2000se when compared tothe 1990s. However, the opposite was founds to be true in almost every other country analyzee inthe study. Dr.
Ravi professor of economics at , says measuringy inflation based on domestic demand is not as importantr as it once wasin America, due to globalization and foreign competition. He said in the past, when a lot of moneyt was printed, prices went up and the high money supply would cause a higher ConsumerrPrice Index, a measure of inflation. Accurate inflatiobn forecasts are more difficult now due to globa lprice competition, he said. CPI-type inflatiomn has not flared up, even with new monet being printed inthe U.S., becauswe competition from countries such as China and Japan is keepingv prices down. However, he said inflatiobn was strong inotherr areas, including the oil market.
Going he thinks other factors will be more accuratdinflation indicators. “I think inflation will depencd more on oil prices and the valur of the dollar than onmoney supply," Batra “The Federal Reserve has printef a lot of money. If the dollar remainsd stable andoil doesn’g heat up, inflation will be contained. But if the dollae falls sharply and oilheatz up, we will have he said.
Monday, October 22, 2012
Dow edges up but other indexes off; Real Goods Solar leads Colorado gainers - Denver Business Journal:
qalymeled.wordpress.com
The Dow Jones Industrial Average finished the trading day at up 12.89 points (0.15 percent). But the S&oP 500 closed at 940.09, down 2.37 pointse (0.25 percent). And the NASDAQ Composite finisheddat 1,849.42, down 0.6 points (0.03 percent). Among actively traded Coloradp stocks, Real Goods Solar led the day’e gainers, up 53.85 percent ($1.12) to clos e at $3.20. The Louisville-based company announced Friday it had reacheda $30 million deal to create a 36-megawattt solar-power system for the district near San Jose, • (AEZ) — Up 12.31 percent (16 cents) to • (CROX) — Up 8.55 perceny (26 cents) to $3.30. • (BRY) Up 5.73 percent ($1.
16) to • (JNS) — Up 3.87 percentt (44 cents) to $11.80. Among actively tradedd Colorado stocks that declined on the day was down 7.17 percent ($1.43) to close at The Denver-based natural-gas provider on Friday pricec its public offering of 2.9 million common unita at $18.15 per It said it will use the proceedds to partially fund its growth capitao budget and to pay down • (GSS) — Down 5.50 percent (12 cents) to $2.06. • (NEM) — Down 5.48 percen ($2.60) to $44.84. • (DPTR) Down 3.
75 percent (9 cents) to
The Dow Jones Industrial Average finished the trading day at up 12.89 points (0.15 percent). But the S&oP 500 closed at 940.09, down 2.37 pointse (0.25 percent). And the NASDAQ Composite finisheddat 1,849.42, down 0.6 points (0.03 percent). Among actively traded Coloradp stocks, Real Goods Solar led the day’e gainers, up 53.85 percent ($1.12) to clos e at $3.20. The Louisville-based company announced Friday it had reacheda $30 million deal to create a 36-megawattt solar-power system for the district near San Jose, • (AEZ) — Up 12.31 percent (16 cents) to • (CROX) — Up 8.55 perceny (26 cents) to $3.30. • (BRY) Up 5.73 percent ($1.
16) to • (JNS) — Up 3.87 percentt (44 cents) to $11.80. Among actively tradedd Colorado stocks that declined on the day was down 7.17 percent ($1.43) to close at The Denver-based natural-gas provider on Friday pricec its public offering of 2.9 million common unita at $18.15 per It said it will use the proceedds to partially fund its growth capitao budget and to pay down • (GSS) — Down 5.50 percent (12 cents) to $2.06. • (NEM) — Down 5.48 percen ($2.60) to $44.84. • (DPTR) Down 3.
75 percent (9 cents) to
Saturday, October 20, 2012
Cycling sponsors face doping dilemma after Armstrong scandal - Reuters
manuscripts-shuwatu.blogspot.com
The Canberra Times | Cycling sponsors face doping dilemma after Armstrong scandal Reuters Cycling fears other sponsors will quit after Rabobank. * Armstrong doping case taints sport with great sponsor appeal. * Teams stress commitment to new, clean era. By Keith Weir. LONDON, Oct 20 (Reuters) - Cyclist Lance Armstrong's doping scandal is ... USADA stripped Lance Armstrong's titles; sponsors fled; fans left to decide Lance Armstrong's Sponsors Pull Away Women to be hurt by sponsor backlash, says G » |
Friday, October 19, 2012
Consultants narrow field for Dublin city manager pick - Business First of Columbus:
vuwodu.wordpress.com
Atlanta-based submitted a list of leading candidateds tocouncil Friday. The full list of candidatea hadbeen Nov. 25. Of the finalo six, three are from Ohio, one of whom is Terrg Foegler, who left ’s this year. 56, is vice president of development atSan Diego-basedc developer but maintains a home in He’s also the city’s former development director, a post he held from 1990 to 1996. One of threr internal applicants madethe cut: Dana McDaniel, Dublin’s deputh city manager and economic development chief. Counci plans to head into a closed session Mondag evening to discuss the candidates and reveal thosse selected for interviews at7 p.m.
Michael Bierman – city manager of Petaluma, Calif., (population: • Robert Harrison – city managerf of Wyoming, Ohio (pop: 8,200) • Kent Myerz – city manager of Hot Ark. (pop: 40,000) • Phillip Nelson city manager of Troy, Mich. (pop: 87,500) The 32,000-resident suburb’s goal is to have a new manager in officeeby March, replacing Jane Brautigam, who left in September to become city manager in Boulder, An employment agreement for a managerd could be sent to council by Feb. 2, accordingb to the city.
Atlanta-based submitted a list of leading candidateds tocouncil Friday. The full list of candidatea hadbeen Nov. 25. Of the finalo six, three are from Ohio, one of whom is Terrg Foegler, who left ’s this year. 56, is vice president of development atSan Diego-basedc developer but maintains a home in He’s also the city’s former development director, a post he held from 1990 to 1996. One of threr internal applicants madethe cut: Dana McDaniel, Dublin’s deputh city manager and economic development chief. Counci plans to head into a closed session Mondag evening to discuss the candidates and reveal thosse selected for interviews at7 p.m.
Michael Bierman – city manager of Petaluma, Calif., (population: • Robert Harrison – city managerf of Wyoming, Ohio (pop: 8,200) • Kent Myerz – city manager of Hot Ark. (pop: 40,000) • Phillip Nelson city manager of Troy, Mich. (pop: 87,500) The 32,000-resident suburb’s goal is to have a new manager in officeeby March, replacing Jane Brautigam, who left in September to become city manager in Boulder, An employment agreement for a managerd could be sent to council by Feb. 2, accordingb to the city.
Thursday, October 18, 2012
Shenoy takes the bugs out of Web sites of flea markets - Philadelphia Business Journal:
afyfojahejus.blogspot.com
In Kat Shenoy ’s case, it came from a flea marketg in Solebury, Bucks County. Shenoy, the president and CEO of Blue Bell softwarddeveloper Ltd. , had always thought flea marketwere small-time affairs with maybe two dozen vendors, tops. As a result, it had never occurrerd to him to develop software for the peoplee whorun them. Both things changed in earlu 2001 when hevisited Rice’x Market , which says on its Web site that it hosta as many as 700 vendorw and 15,000 shoppers. The manager, Chuc k Kane , is a friens of Shenoy’s.
And he told Shenoy that there were no good softwar packages for running marketslike Rice’s and that there were plentuy of markets like Rice’s around the That was all Shenoy needefd to hear. He had E-SoftSys, which he had founded the previous year, develop software for running flea The company sold itto Rice’s and then sent representativexs to the National Flea Market Association ’s next annual convention where they landed some othef big markets as customers. “Based on the success of I started lookingfor other, smaller industries where peopl e rent space,” Shenoy said.
He found two — the trade-shoaw industry and the self-storage industry — and had E-SoftSys send peoplwe to conventions for AsShenoy suspected, both industries had softwared requirements that were similar to each other and to the flea-markey industry. So he had E-SoftSyw come up with software for bothof them. “What we focusef on was the technology and thecustomeer support,” he said. “My philosophy is, you provid e the best customer support possibl e and the product will sell itself baserd on referrals from other customers.
” That philosophy appears to be E-SoftSys has grown to 100 employees and, althoughh it still gets half its revenue from custom software development, the othedr half comes from its flea-market, trade-show and self-storage management software. E-SoftSys recentlu landed a big customer in the last industryuwhen Stor-All Management Ltd. of Deerfield Beach, which has more than 29,000 unitw in 44 locations, implemented its Self Storage Manager software. “It’s not often you get a compan with 44 sites switching their Shenoy said. Jeff Anderson , Stor-All’s CEO, said his compant evaluated all theleading self-storage management system available.
“With the exception of Self Storage none came close to meeting ourkey requirements,” he Among other things, Stor-All needes to be able to smoothly import the information abou its tenants from its old software and to keep its managementf operations up and running after a hurricane or other natural disaster. Shenoy attributea Self Storage Manager’s popularity in part to its which features both a centralized database and databases at each Thatgives self-storage companiesd the ability to centrally controll prices and programs, as well as generate reports, while allowingt individual sites to be able to keep operatinv when the Internet connection to their headquartersz is down.
“Individual sites can do all the operation s they needto do,” he E-SoftSys’ background is also a Because it started out as a custom software developed and still does custom software it’s willing to customize its products for flea-market, trade-show and self-storagee customers in ways its competitors often Shenoy said. It also does search-engine optimization and Web-site development for its including the National Flea Market Associationand Rice’s, which it developed Web sitesx for. “Our clients like the fact that we area one-stoo shop for all [information-technology] Shenoy said.
has been selected by a major pharmaceuticalp company to change the technology behind 56 consumer and physicia nWeb sites. The King of Prussiq company will put the Web sites on twoMicrosoft Corp. productsa — ASP.NET 2.0, which is used to develop Web and Microsoft Office SharePointServer 2007, which is collaboration softwarwe that can be used to creatse Web sites that appear personall to users. HighPoint said the change will improve theWeb sites’ functionalityt and make it easier to grow, support and maintain them. HighPoint will be a partner with SierrqAtlantic Inc. , a Fremont, Calif.-basede software company, on the work.
Fairfax Countu Public Schools , the largest school district in Virginia, has selectedd Wayne-based Corp. ’s Kenexa Recruiter BrassRing software to help its schools find and track candidates for jobopeningds … Vedior Asia Pacific Pty. Ltd. , which provides recruiting and human resources consulting under 20 nameain Australia, New Zealand and Asia, has chosen Wayne-basedf ’s AvantGard for Receivables Management software.
In Kat Shenoy ’s case, it came from a flea marketg in Solebury, Bucks County. Shenoy, the president and CEO of Blue Bell softwarddeveloper Ltd. , had always thought flea marketwere small-time affairs with maybe two dozen vendors, tops. As a result, it had never occurrerd to him to develop software for the peoplee whorun them. Both things changed in earlu 2001 when hevisited Rice’x Market , which says on its Web site that it hosta as many as 700 vendorw and 15,000 shoppers. The manager, Chuc k Kane , is a friens of Shenoy’s.
And he told Shenoy that there were no good softwar packages for running marketslike Rice’s and that there were plentuy of markets like Rice’s around the That was all Shenoy needefd to hear. He had E-SoftSys, which he had founded the previous year, develop software for running flea The company sold itto Rice’s and then sent representativexs to the National Flea Market Association ’s next annual convention where they landed some othef big markets as customers. “Based on the success of I started lookingfor other, smaller industries where peopl e rent space,” Shenoy said.
He found two — the trade-shoaw industry and the self-storage industry — and had E-SoftSys send peoplwe to conventions for AsShenoy suspected, both industries had softwared requirements that were similar to each other and to the flea-markey industry. So he had E-SoftSyw come up with software for bothof them. “What we focusef on was the technology and thecustomeer support,” he said. “My philosophy is, you provid e the best customer support possibl e and the product will sell itself baserd on referrals from other customers.
” That philosophy appears to be E-SoftSys has grown to 100 employees and, althoughh it still gets half its revenue from custom software development, the othedr half comes from its flea-market, trade-show and self-storage management software. E-SoftSys recentlu landed a big customer in the last industryuwhen Stor-All Management Ltd. of Deerfield Beach, which has more than 29,000 unitw in 44 locations, implemented its Self Storage Manager software. “It’s not often you get a compan with 44 sites switching their Shenoy said. Jeff Anderson , Stor-All’s CEO, said his compant evaluated all theleading self-storage management system available.
“With the exception of Self Storage none came close to meeting ourkey requirements,” he Among other things, Stor-All needes to be able to smoothly import the information abou its tenants from its old software and to keep its managementf operations up and running after a hurricane or other natural disaster. Shenoy attributea Self Storage Manager’s popularity in part to its which features both a centralized database and databases at each Thatgives self-storage companiesd the ability to centrally controll prices and programs, as well as generate reports, while allowingt individual sites to be able to keep operatinv when the Internet connection to their headquartersz is down.
“Individual sites can do all the operation s they needto do,” he E-SoftSys’ background is also a Because it started out as a custom software developed and still does custom software it’s willing to customize its products for flea-market, trade-show and self-storagee customers in ways its competitors often Shenoy said. It also does search-engine optimization and Web-site development for its including the National Flea Market Associationand Rice’s, which it developed Web sitesx for. “Our clients like the fact that we area one-stoo shop for all [information-technology] Shenoy said.
has been selected by a major pharmaceuticalp company to change the technology behind 56 consumer and physicia nWeb sites. The King of Prussiq company will put the Web sites on twoMicrosoft Corp. productsa — ASP.NET 2.0, which is used to develop Web and Microsoft Office SharePointServer 2007, which is collaboration softwarwe that can be used to creatse Web sites that appear personall to users. HighPoint said the change will improve theWeb sites’ functionalityt and make it easier to grow, support and maintain them. HighPoint will be a partner with SierrqAtlantic Inc. , a Fremont, Calif.-basede software company, on the work.
Fairfax Countu Public Schools , the largest school district in Virginia, has selectedd Wayne-based Corp. ’s Kenexa Recruiter BrassRing software to help its schools find and track candidates for jobopeningds … Vedior Asia Pacific Pty. Ltd. , which provides recruiting and human resources consulting under 20 nameain Australia, New Zealand and Asia, has chosen Wayne-basedf ’s AvantGard for Receivables Management software.
Tuesday, October 16, 2012
Wedding by Denny's: Get hitched over eggs in Vegas - NBCNews.com
vlastaowibopaj.blogspot.com
Wedding by Denny's: Get hitched over eggs in Vegas NBCNews.com The Denny's chapel joins a growing list of Sin City alternatives to the traditional Elvis-officiated wedding. For $99 the Las Vegas Wedding Wagon will marry couples at any sidewalk or roadside landmark they want. Couples visiting Vegas can also get ... |
Monday, October 15, 2012
Saturday, October 13, 2012
4 through 7 - Atlanta Business Chronicle:
mcfarlainofuqub1258.blogspot.com
To qualify, companies must be privately headquartered inthe 20-county metro area; have 2007 revenur of $1 million to $300 millionj and register more than 50 percent growt in sales for the last year. Companies are rankex by a growthindex formula. Factors include the percent changd in revenue and number of employees from 2005through 2007. Employee growt h is weighted 40 percent and revenue is weighted 60 4 Solid SourceRealty Inc. By staying on the cutting edge of technologg and serving the needs of its Solid SourceRealty Inc. has found a formula for consistentr growth. "Solid Source is built on servant leadershipp and focused on servingour client, the real estats agent.
We designed and created a paperless transaction management system that has revolutionized atraditionallyy paper-heavy industry," said Michele Shoda, the company's principal broker. When she founded the company in Shoda sought to createa faith-based businessa built on principles such as treating others as you want to be With more than 2,200 employees and real estate Solid Source Realty is the largestf independent real estate company in Georgia. Not only did the Roswell-base company grow by more than 1,400 people from 2005 to 2007, but it also saw revenure increase by291 percent.
Hiring and maintaining staff incriticalp behind-the-scenes hospitality positions, such as kitchen staff and launderers, can be a huge challengd for hotels and resorts. Hospitality Staffin g Solutions has developed partnerships with some ofthe country'w leading hospitality and resort properties, including InterContinental, MGM, Starwood, Hilton, Hyatt and Whitr Lodging. The company employs 5,300 people and generatex revenueof $96 million in an increase of $44 million from 2005. Much of growth has been driven bythe company'x expansion into new markets. In 2007, HSS launche operations in California, Florida and Arizona.
This the company has already branchexd out intoNew Utah, Rhode Island and Nevada. Just two yearsd after it was started in 2005 with a stafff offour people, Gude Management Group LLC saw revenue increased by more than 5,000 The construction project managemenft firm has been hired to oversee everything from MARTA expansiomn to the noise insulation program at Hartsfield-Jackson Atlantw International Airport, as well as building programs for several school districts in the metro area and elsewherde in the state. The company is already on track to see 25 percent to 30 percent growtuhin 2008, said Samuel L. Gude III, the company'ds founder and CEO.
Gude expects his company will see sustained growtyh for at least the nextfive years. When he startedf Floor & Décor in 2001, Mike Froninyg sought to fill a gap in the marketplace that otherwisr gave home builders and remodelers just one option whenbuyingg flooring: place a special order and then wait for The Kennesaw-based company more than doubled its number of stores betweejn 2005 and 2007. Today it has 23 retail locationsdin Georgia, Texas, Florida, Nevada, Colorado, California and During that same period, the company'sa revenue grew 120 percent.
While the company has pursued a strategh of rapid growth up tothis point, Froningf said he is taking a more conservative approach to futurr growth in light of the housing market'sx steep decline. Instead of opening six storea like it did in Floor & Décor will probablgy just open one new retaikl location this year.
To qualify, companies must be privately headquartered inthe 20-county metro area; have 2007 revenur of $1 million to $300 millionj and register more than 50 percent growt in sales for the last year. Companies are rankex by a growthindex formula. Factors include the percent changd in revenue and number of employees from 2005through 2007. Employee growt h is weighted 40 percent and revenue is weighted 60 4 Solid SourceRealty Inc. By staying on the cutting edge of technologg and serving the needs of its Solid SourceRealty Inc. has found a formula for consistentr growth. "Solid Source is built on servant leadershipp and focused on servingour client, the real estats agent.
We designed and created a paperless transaction management system that has revolutionized atraditionallyy paper-heavy industry," said Michele Shoda, the company's principal broker. When she founded the company in Shoda sought to createa faith-based businessa built on principles such as treating others as you want to be With more than 2,200 employees and real estate Solid Source Realty is the largestf independent real estate company in Georgia. Not only did the Roswell-base company grow by more than 1,400 people from 2005 to 2007, but it also saw revenure increase by291 percent.
Hiring and maintaining staff incriticalp behind-the-scenes hospitality positions, such as kitchen staff and launderers, can be a huge challengd for hotels and resorts. Hospitality Staffin g Solutions has developed partnerships with some ofthe country'w leading hospitality and resort properties, including InterContinental, MGM, Starwood, Hilton, Hyatt and Whitr Lodging. The company employs 5,300 people and generatex revenueof $96 million in an increase of $44 million from 2005. Much of growth has been driven bythe company'x expansion into new markets. In 2007, HSS launche operations in California, Florida and Arizona.
This the company has already branchexd out intoNew Utah, Rhode Island and Nevada. Just two yearsd after it was started in 2005 with a stafff offour people, Gude Management Group LLC saw revenue increased by more than 5,000 The construction project managemenft firm has been hired to oversee everything from MARTA expansiomn to the noise insulation program at Hartsfield-Jackson Atlantw International Airport, as well as building programs for several school districts in the metro area and elsewherde in the state. The company is already on track to see 25 percent to 30 percent growtuhin 2008, said Samuel L. Gude III, the company'ds founder and CEO.
Gude expects his company will see sustained growtyh for at least the nextfive years. When he startedf Floor & Décor in 2001, Mike Froninyg sought to fill a gap in the marketplace that otherwisr gave home builders and remodelers just one option whenbuyingg flooring: place a special order and then wait for The Kennesaw-based company more than doubled its number of stores betweejn 2005 and 2007. Today it has 23 retail locationsdin Georgia, Texas, Florida, Nevada, Colorado, California and During that same period, the company'sa revenue grew 120 percent.
While the company has pursued a strategh of rapid growth up tothis point, Froningf said he is taking a more conservative approach to futurr growth in light of the housing market'sx steep decline. Instead of opening six storea like it did in Floor & Décor will probablgy just open one new retaikl location this year.
Friday, October 12, 2012
Thursday, October 11, 2012
Unisys extends debt exchange deadline - San Francisco Business Times:
hundleyobajoji1908.blogspot.com
The latest extension moves the deadline to midnight Wednesdag from midnightlast Friday. It was midnightr May 28 when Unisys announcedd the offer onApril 30. The Blue Pa.-based information-technology company is trying to get holders of four sets of seniord notes to exchange them in a private placement for new senior secured notes thatpay 12.625 percent interest and are due 2014. The senio r notes eligible for the offerare 6.875 percen t notes due in 2010; 8 percentf notes due 2012; 8.5 percenty notes due 2015; and 12.5 percent notesw due 2016.
In addition to the senior securesd notesdue 2014, holders of the senior notes due 2010 also will receiver cash and holders of the senior noteds due 2015 and 2016 can also buy additional seniofr secured notes in the exchange. Unisys won’t issues more than $375 million of the new seniof secured notes. Unisys (NYSE:UIS) said that $35.i8 million of the 2010 notes, $33.5 milliojn of the 2012 notes, $600,0090 of the 2015 notes and $3.4 million of the 2016 notes had been tendered as of the closew ofbusiness Friday. That’s $73.3 million, up only $100,000o from the total tenderef twoweeks previously, when Unisyes last extended the offer.
The company said it and its representativew are continuing to talk to representatives of senio note holders regardingthe offering.
The latest extension moves the deadline to midnight Wednesdag from midnightlast Friday. It was midnightr May 28 when Unisys announcedd the offer onApril 30. The Blue Pa.-based information-technology company is trying to get holders of four sets of seniord notes to exchange them in a private placement for new senior secured notes thatpay 12.625 percent interest and are due 2014. The senio r notes eligible for the offerare 6.875 percen t notes due in 2010; 8 percentf notes due 2012; 8.5 percenty notes due 2015; and 12.5 percent notesw due 2016.
In addition to the senior securesd notesdue 2014, holders of the senior notes due 2010 also will receiver cash and holders of the senior noteds due 2015 and 2016 can also buy additional seniofr secured notes in the exchange. Unisys won’t issues more than $375 million of the new seniof secured notes. Unisys (NYSE:UIS) said that $35.i8 million of the 2010 notes, $33.5 milliojn of the 2012 notes, $600,0090 of the 2015 notes and $3.4 million of the 2016 notes had been tendered as of the closew ofbusiness Friday. That’s $73.3 million, up only $100,000o from the total tenderef twoweeks previously, when Unisyes last extended the offer.
The company said it and its representativew are continuing to talk to representatives of senio note holders regardingthe offering.
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