iwegasely.wordpress.com
percent drop in same-store salexs in May, as consumers continued to put offunnecessaru spending. The Cincinnati-based department store chaih said sales at stores open at leastg a year are in line withmanagement expectations. Total salesx declined to $1.7 billion from $1.9 billio n a year ago, or 9.5 For the year, Macy’s said its same-store salea declined by 9.1 with total sales down 9.5 to $6.9 billion from $7.7 billion.
Macy’se (NYSE: M), like most retailers, has been strugglinbg to attract parsimonious shoppers while not giving away the storse throughdeep discounts, a strategy that erodes profit But recent reports regarding risinf manufacturing activity and home sales gave a lift to retail stockd earlier in the week, based on hopes that consumera may be encouraged to go out and splurge on a few summert items. Total May retail salesa were projected to dropby 3.6 percent, according to Retail Metrics, a Massachusetts firm that tracks store sales. This comparees with a 2.7 percent decline in Department stores were forecast to post theweakestt results, down 8.
5 percent, with “discretionary spending still in hiding,” accordinf to its monthly report. The retailer has projected full-year profit of 40 cents to 55 centsxper share, excluding restructuring costs stemming from its companywidwe reorganization, part of its My Macy’xs merchandising program. That said, Macy's hedged that it will beat this guidance if the economy improves in the second half of the Annual sales, it has said, are expected to declin e by 6 percent to 8 percent, with spring expectecd to be weaker than the fall, in part due to stronger performancees last spring.
Macy’s operates roughly 845 department storesx under thenames Macy’s and Bloomingdale’s. (NYSE: TGT) said its May same-store salesa fell 6.1 percent from the same monthy ayear ago. Total sales, at $4.56 were down 2.3 percent from May 2008. Target has consistentlt postedmonthly same-store sales declinez during the recession, as consumers have pulled back theifr spending on clothes, home furnishings and some of the otheer discretionary items that had boostedd the company’s sales during bette r times. • said its comparable storer sales in May decreasedby 0.4 percent and total sales increasec 4.1 percent, better than management had expected.
The Menomonere Falls, Wis.-based retailer (NYSE: KSS) said Thursday salew for the four-week month ending May 31 were $1.26 billion, compared with $1.2 1 billion in the same periodof 2008. Year-to-date salews also are ahead of 2008at $4.9 compared with $4.8 billion in an increase of 1.3 Comparable store sales year-to-date decreaserd 3.2 percent, Kohl’s said. • (NYSE: GPS) said that its comparable-stors sales were down 6 percent year over yearin May, and net salesz were down 5 percent to $1.03 billion. Gap Nortu American and Banana Republic were hit the hardestin comparable-storw sales -- going down 11 percentt and 14 percent, respectively.
Internationao sales were down 7 percent. Old Navy was the one Gap brandc that saw anincrease -- It was up 3
Tuesday, January 31, 2012
Sunday, January 29, 2012
SEC: N.Y. investment firm misled S. Fla. seniors - Philadelphia Business Journal:
onesawava.wordpress.com
"They used free lunches as the low-tech bait for theirr high-scale scheme," said Robert director of the SEC's Division of The SEC alleges elderly and retired investors were lured into purchasingv highly unsuitable variable annuities with lucrative sales commissions while ignoring the financial goalzof victims. The SEC alleges that Eric J. Brow of Highland Beach, Matthew J. Collins of Boynton Beach, Kevib J. Walsh of and Mark W. Well s of Boca Raton, were amonb those offering and sellingthe annuities.
It’se alleged that the firm and its representativexs earned millions of dollars in sales PCS is aregistered broker-dealer and wholly-owne d subsidiary of Gilman Ciocia, an income tax preparatiomn business headquartered in Poughkeepsie that offers financiap services in New York, New Jersey, Pennsylvaniaa and Florida. Robert Heim, a NewYork attorneyh who representsPrime Capital, Gilmabn Ciocia, and several of the individuals, including Collins and said the conduct at issuw in the complaint is "very old" and occurredd in the late 1990s and early 2000. He said the compangy reached a settlement withthe (FINRA), when it was called the (NASD).
As part of that agreement, the companu implemented some wide-ranging updates to its supervisory and compliance systemsin 2005, Heim said. He added that he didn't know why the SEC was goinbg over thesame ground. "All of these issues were addressex years ago and we feelthe company's responsw has been appropriate," he said. While Brown and Wals have since left, Collins and Wellw are still with the he said. An administrative law judge will determinew whether the allegations against the respondents aretrue and, if so, whethere they should be orderes to cease and desist from future violations.
"They used free lunches as the low-tech bait for theirr high-scale scheme," said Robert director of the SEC's Division of The SEC alleges elderly and retired investors were lured into purchasingv highly unsuitable variable annuities with lucrative sales commissions while ignoring the financial goalzof victims. The SEC alleges that Eric J. Brow of Highland Beach, Matthew J. Collins of Boynton Beach, Kevib J. Walsh of and Mark W. Well s of Boca Raton, were amonb those offering and sellingthe annuities.
It’se alleged that the firm and its representativexs earned millions of dollars in sales PCS is aregistered broker-dealer and wholly-owne d subsidiary of Gilman Ciocia, an income tax preparatiomn business headquartered in Poughkeepsie that offers financiap services in New York, New Jersey, Pennsylvaniaa and Florida. Robert Heim, a NewYork attorneyh who representsPrime Capital, Gilmabn Ciocia, and several of the individuals, including Collins and said the conduct at issuw in the complaint is "very old" and occurredd in the late 1990s and early 2000. He said the compangy reached a settlement withthe (FINRA), when it was called the (NASD).
As part of that agreement, the companu implemented some wide-ranging updates to its supervisory and compliance systemsin 2005, Heim said. He added that he didn't know why the SEC was goinbg over thesame ground. "All of these issues were addressex years ago and we feelthe company's responsw has been appropriate," he said. While Brown and Wals have since left, Collins and Wellw are still with the he said. An administrative law judge will determinew whether the allegations against the respondents aretrue and, if so, whethere they should be orderes to cease and desist from future violations.
Friday, January 27, 2012
McCollum calls for statewide mortgage fraud network - Jacksonville Business Journal:
pabigy.wordpress.com
McCollum sent letters to the , , and Florida Bar callin for a cooperative approach in dealing withmortgage fraud. McCollunm has received hundreds of complaintsd on various issues related to mortgage fraudc ranging from criminal fraud toforeclosure rescue. “Thisx mortgage fraud crisis is similar to a state of McCollum said ina release. “It will take an all-hands-on-decko approach between our state’s agenciesz to effectively addressour concerns.” With this new line of communication opening, McCollum said he wants to make sure that complaintws are reviewed by the appropriate entity, whether at the localk or state level.
The attorney general’s office has charged 40 people with criminal mortgag fraudsince 2007, most investigated by the Department of Law Enforcemengt and other criminal investigative
McCollum sent letters to the , , and Florida Bar callin for a cooperative approach in dealing withmortgage fraud. McCollunm has received hundreds of complaintsd on various issues related to mortgage fraudc ranging from criminal fraud toforeclosure rescue. “Thisx mortgage fraud crisis is similar to a state of McCollum said ina release. “It will take an all-hands-on-decko approach between our state’s agenciesz to effectively addressour concerns.” With this new line of communication opening, McCollum said he wants to make sure that complaintws are reviewed by the appropriate entity, whether at the localk or state level.
The attorney general’s office has charged 40 people with criminal mortgag fraudsince 2007, most investigated by the Department of Law Enforcemengt and other criminal investigative
Wednesday, January 25, 2012
Saudi artists test limits of expression in rare show - Reuters
http://www.drkatte.com/style-beauty/designer-sophie-cranston-didnt-make-kate-middletons-wedding-gown/
Saudi artists test limits of expression in rare show Reuters In addressing last year's political turmoil through his work, the Saudi artist is testing the boundaries of self expression in a kingdom where direct criticism of the authorities is not tolerated, cinema and theatre are banned and art and media are ... |
Monday, January 23, 2012
Madoff gets 150 years in prison - New Mexico Business Weekly:
awipekyhila.blogspot.com
“I’m not surprised. That’s what he said Adele Fox of Tamarac, who lost thousands of dollareto Madoff's scheme. The mastermindf behind the biggest Ponzji schemein U.S. history was sentenced on Monday morningy in federal court in Manhattan to 150 yearsdbehind bars, the maximum requestef by federal prosecutors. Madoff's attorney had askeds for a far more lenient sentencwe of12 years. In sentencing Madoff, U.S. District Judge Dennyh Chin called thefraud “staggering” and said that the “breacnh of trust was The judge described his acts as “extraordinarilyh evil.
” “No other white-collard case is comparable in terms of the scope, durationh and enormity of the fraud and the degrede of the betrayal,” Chin said. Madoffr confessed in March to 11 countsincludint fraud, money laundering thefy and perjury, among other things. His victimws reportedly number morethan 1,300 and stretcyh across the globe. Their losses are estimated at morethan $13 Prior to sentencing, Chin heared from nine of the victims who talked about the devastatiob Madoff’s fraud had causedd to their lives and their families. Many of Madoff’zs wealthy clients lived in South Floridqa and lost their life savings tohis scheme.
Fox, 86, said she is still furious that the and the federalgovernment didn’t exposr Madoff’s fraud earlier. “The SEC is just as guiltyu as Madoff and theyfailed us. Nobody seems to do anything about it,” Fox She also took issue with the large fees beinvg paid to people such asIrving H. Picard, the trustee who is handlinv the liquidation ofBernard L. Madoff Investmenf Securities. “The trustee Picard is makin g hisown rules. They’re paying thesw guys millions of dollars. It would be bettet to pay the investors directly,” Fox said.
Fox, a widoa who once worked as secretaryy inNew York, said she invested $50,000 in 1987 becauss she was related to Madoff’s Jerry Horowitz. She said she was able to get some money back from Social Securitypayments she’d made over the yearsw on “phantom” income from Madoff accounts. However, she is worried that her disbursements may eventually be targeted in clawbacm efforts by the trustee in bankruptcy proceedings who has begun sending out letterws demanding the return of profits derived fromtheie investments.
Guy Fronstin a Boca Raton attorney who hasadvisedr Fox, said the government has “been good abourt refunding taxes quickly” but there are delayse in processing claims to the Securities Investod Protection Corporation. “Some of the people I know are too busy with thesde other issues to really care that much aboutf whathappened today. They believed he wouldx spend the rest of his days in Fronstin said. Jan Atlas, an attorneyu with Adorno Yoss, said he believes the court had littled choice but to levy the maximum sentencseon Madoff.
“I don’t think the victime should have been victimized again by havingb him be able to leave prison one said Atlas, whose firm continues to advis e clients about tax returns and possiblgy future claims against investment advisords who invested with Madoff. “I’mm wondering if the trustee will be able to located more than the billiomn plusthat he’s located, and what is the real Atlas said. In addition to his prison term, Madofd was ordered to forfeirnearly $170 billion, which represents the proceeds of, and properth involved in certain of his crimes, accordinh to a news release from the U.S. Departmentf of Justice.
“While today’s sentence is an importanr milestone, the investigation is continuing,” Lev L. Dassi, actingy U.S. Attorney for the Southern District ofNew York, said in a news “We are focused on tracing, restraining and liquidating assets to maximizer recoveries for the victims.”
“I’m not surprised. That’s what he said Adele Fox of Tamarac, who lost thousands of dollareto Madoff's scheme. The mastermindf behind the biggest Ponzji schemein U.S. history was sentenced on Monday morningy in federal court in Manhattan to 150 yearsdbehind bars, the maximum requestef by federal prosecutors. Madoff's attorney had askeds for a far more lenient sentencwe of12 years. In sentencing Madoff, U.S. District Judge Dennyh Chin called thefraud “staggering” and said that the “breacnh of trust was The judge described his acts as “extraordinarilyh evil.
” “No other white-collard case is comparable in terms of the scope, durationh and enormity of the fraud and the degrede of the betrayal,” Chin said. Madoffr confessed in March to 11 countsincludint fraud, money laundering thefy and perjury, among other things. His victimws reportedly number morethan 1,300 and stretcyh across the globe. Their losses are estimated at morethan $13 Prior to sentencing, Chin heared from nine of the victims who talked about the devastatiob Madoff’s fraud had causedd to their lives and their families. Many of Madoff’zs wealthy clients lived in South Floridqa and lost their life savings tohis scheme.
Fox, 86, said she is still furious that the and the federalgovernment didn’t exposr Madoff’s fraud earlier. “The SEC is just as guiltyu as Madoff and theyfailed us. Nobody seems to do anything about it,” Fox She also took issue with the large fees beinvg paid to people such asIrving H. Picard, the trustee who is handlinv the liquidation ofBernard L. Madoff Investmenf Securities. “The trustee Picard is makin g hisown rules. They’re paying thesw guys millions of dollars. It would be bettet to pay the investors directly,” Fox said.
Fox, a widoa who once worked as secretaryy inNew York, said she invested $50,000 in 1987 becauss she was related to Madoff’s Jerry Horowitz. She said she was able to get some money back from Social Securitypayments she’d made over the yearsw on “phantom” income from Madoff accounts. However, she is worried that her disbursements may eventually be targeted in clawbacm efforts by the trustee in bankruptcy proceedings who has begun sending out letterws demanding the return of profits derived fromtheie investments.
Guy Fronstin a Boca Raton attorney who hasadvisedr Fox, said the government has “been good abourt refunding taxes quickly” but there are delayse in processing claims to the Securities Investod Protection Corporation. “Some of the people I know are too busy with thesde other issues to really care that much aboutf whathappened today. They believed he wouldx spend the rest of his days in Fronstin said. Jan Atlas, an attorneyu with Adorno Yoss, said he believes the court had littled choice but to levy the maximum sentencseon Madoff.
“I don’t think the victime should have been victimized again by havingb him be able to leave prison one said Atlas, whose firm continues to advis e clients about tax returns and possiblgy future claims against investment advisords who invested with Madoff. “I’mm wondering if the trustee will be able to located more than the billiomn plusthat he’s located, and what is the real Atlas said. In addition to his prison term, Madofd was ordered to forfeirnearly $170 billion, which represents the proceeds of, and properth involved in certain of his crimes, accordinh to a news release from the U.S. Departmentf of Justice.
“While today’s sentence is an importanr milestone, the investigation is continuing,” Lev L. Dassi, actingy U.S. Attorney for the Southern District ofNew York, said in a news “We are focused on tracing, restraining and liquidating assets to maximizer recoveries for the victims.”
Saturday, January 21, 2012
Regulators Seize Banks in Florida, Georgia, Pennsylvania - Wall Street Journal
efimtsovavadan.blogspot.com
Problem Bank List | Regulators Seize Banks in Florida, Georgia, Pennsylvania W » |
Wednesday, January 18, 2012
Galen College relocating satellite campus - Business First of Louisville:
ibitasony.wordpress.com
The move will bring the campus withimn a mileof Galen’s main administrativs offices on Zorn Avenue and will give studentxs better access to parking, according to Joe the college’s executive vice president and CFO. Galen’s new 13,300-square-footg facility at 2704 River Green Circle will housefive classrooms, a clinical learning laboratory, a studeny lounge and administrative office The college plans to be in the new location by Aug. 1, Petera said. The facility will be built out during the next few anda 220-space parking lot will be constructed for students behinr the building. Peters said Galehn has leased about 14,000 square feet in the Chestnuyt Centre Plaza at612 S.
Fourth St. since 1994. Its leaswe will expire this summer. Galen leasesa about 35,000 square feet, according to in the four-story Galen Center at 1031 Zorn near River Road andInterstate 71. The colleg has been in that locatiojsince 2005. Over the years, it has becom e “difficult to operate two campuses thatfar apart,” Petera said. The college considered consolidating its loca operations at the Zorn Avenue sitebut didn’f have enough parking there, he added. Parkinvg also has been a problem forstudentsd downtown, Peters said. They often complain of having topay $5 to $7 a day when they come to the Fourtbh Street site. Galen has more than 700 studentsa locally, Peters said.
The founded in 1990 by , also has campuses in Tampa, Fla., and San Antonio, Systemwide, there are more than 2,100 The Chestnut Centre is managedby . Jim Fox, a partnerr with FBM, said Galen has been a “wonderful tenant,” and he understands the reasons behinrthe college’s plans to move from downtown. Fox said he is talkinv with two different groups interested in leasing theGalen space.
He declined to identify the potentialk tenants but said he expects to get a deal done durinh the next three orfour
The move will bring the campus withimn a mileof Galen’s main administrativs offices on Zorn Avenue and will give studentxs better access to parking, according to Joe the college’s executive vice president and CFO. Galen’s new 13,300-square-footg facility at 2704 River Green Circle will housefive classrooms, a clinical learning laboratory, a studeny lounge and administrative office The college plans to be in the new location by Aug. 1, Petera said. The facility will be built out during the next few anda 220-space parking lot will be constructed for students behinr the building. Peters said Galehn has leased about 14,000 square feet in the Chestnuyt Centre Plaza at612 S.
Fourth St. since 1994. Its leaswe will expire this summer. Galen leasesa about 35,000 square feet, according to in the four-story Galen Center at 1031 Zorn near River Road andInterstate 71. The colleg has been in that locatiojsince 2005. Over the years, it has becom e “difficult to operate two campuses thatfar apart,” Petera said. The college considered consolidating its loca operations at the Zorn Avenue sitebut didn’f have enough parking there, he added. Parkinvg also has been a problem forstudentsd downtown, Peters said. They often complain of having topay $5 to $7 a day when they come to the Fourtbh Street site. Galen has more than 700 studentsa locally, Peters said.
The founded in 1990 by , also has campuses in Tampa, Fla., and San Antonio, Systemwide, there are more than 2,100 The Chestnut Centre is managedby . Jim Fox, a partnerr with FBM, said Galen has been a “wonderful tenant,” and he understands the reasons behinrthe college’s plans to move from downtown. Fox said he is talkinv with two different groups interested in leasing theGalen space.
He declined to identify the potentialk tenants but said he expects to get a deal done durinh the next three orfour
Monday, January 16, 2012
Everest school district moves back start of gifted, talented class - Wausau Daily Herald
zolinstanixes.blogspot.com
Everest school district moves back start of gifted, talented class Wausau Daily Herald Kennedy Bueno, a second-grader in the DC Everest Area School District's gifted and talented program, reads during class Jan. 6 at Riverside Elementary School in Ringle. Beginning with the 2012-13 school year, the district will start the program at ... |
Saturday, January 14, 2012
HAYDN: String Quartets Vol. 8 = String Q. Op. 54 – Auryn Quartet – Tacet DVD-A - Audiophile Audition
ivyhofy.wordpress.com
Audiophile Audition | HAYDN: String Quartets Vol. 8 = String Q. Op. 54 â€" Auryn Quartet â€" Tacet DVD-A Audiophile Audition In the opening Vivace, Haydn introduces modulations to distant keys that ticked off a reviewer writing in the Allegmeine deutsche Bibliothek, who otherwise had high praise for the quartets: “If there is something we should bear in mind, it is tha t the ... |
Thursday, January 12, 2012
State Patrol launches criminal investigation into Hecker's auto group - Minneapolis / St. Paul Business Journal:
hydiuco.blogspot.com
Hecker allegedly has not been paying the stat sales tax onlicense plates, registrations and other He is also accused of not paying off loans acquired from customers when they boughf new cars. A press conference by the State Patrolo is expected later this Agents fromthe , the Minnesota State Patrol and the are raiding several of auto-deale r Denny Hecker’s properties in St. Louis Park Wednesday. Hecker and his attorney, Marsh couldn’t immediately be reachefd for comment.
Hecker’s three homes are also being searched, as are several of his Hecker, whose businesses include a chain of auto dealershipes anda home-mortgage company, sold or closex more than 18 dealerships since last fall, when cut off his He on June 4. He owes up to $1 billionj to as many as 1,000 creditors. It's a felonyy under Minnesota state law to not pay state sales tax onmotor vehicles, punishabl e by up to five years in prison and up to $10,000.
It is also a felony to fail to pay off a lien when a car dealer takes a vehicle in on tradewhen there's a lien on that punishable by up to three years in prison and up to
Hecker allegedly has not been paying the stat sales tax onlicense plates, registrations and other He is also accused of not paying off loans acquired from customers when they boughf new cars. A press conference by the State Patrolo is expected later this Agents fromthe , the Minnesota State Patrol and the are raiding several of auto-deale r Denny Hecker’s properties in St. Louis Park Wednesday. Hecker and his attorney, Marsh couldn’t immediately be reachefd for comment.
Hecker’s three homes are also being searched, as are several of his Hecker, whose businesses include a chain of auto dealershipes anda home-mortgage company, sold or closex more than 18 dealerships since last fall, when cut off his He on June 4. He owes up to $1 billionj to as many as 1,000 creditors. It's a felonyy under Minnesota state law to not pay state sales tax onmotor vehicles, punishabl e by up to five years in prison and up to $10,000.
It is also a felony to fail to pay off a lien when a car dealer takes a vehicle in on tradewhen there's a lien on that punishable by up to three years in prison and up to
Tuesday, January 10, 2012
Pizzeria Planeten är Växjös bästa pizzeria - VäxjöNytt.se
qalymeled.wordpress.com
Pizzeria Planeten är Växjös bästa pizzeria VäxjöNytt.se Pizzeria Planeten på Alegatan i Växjö har fått betyget 4,30 av 5,00 av sina kunder och är därmed den bästa pizzerian i Växjö 2011. Detta presenterar Svenska Pizzarapporten 2011. Betygssystemet på OnlinePizza.se baseras på vad OnlinePizzas kunder tycker ... |
Sunday, January 8, 2012
NWA/Delta unveil uniform changes - Minneapolis / St. Paul Business Journal:
ysynut.wordpress.com
The carrier’s staff will begin wearin ’s official garb at month’s end, as Atlanta-basefd Delta continues its efforts to integrate Northwest intoits operations. The move is one of severalp changes slated to go into effect byMarcyh 30. By the end of the all flights will, for feature Sky Magazine, Delta’s in-flight publication. On Apri l 1, Delta will begin “cross-fleeting,” or usinvg Delta planes to fly routesd that previouslyonly Northwest’s aircraft had handled. Some major branding changesx -- including re-painting Northwest’s planes to eliminate the redtail -- are still monthsx away, however.
Also, Delta (NYSE: DAL) has yet to decidex on some branding elements, including whether it will served Pepsi orCoke products. For now, Northwest planes will continuee to serve Pepsi while Delta flights will serveCoke (Travelers can learn which beverage selectionb to expect by looking at their ticketse -- which will stilpl display either the Northwest or Delta name.) Northwest planes also will only accept cash for food while Delta staff will accept both cash and
The carrier’s staff will begin wearin ’s official garb at month’s end, as Atlanta-basefd Delta continues its efforts to integrate Northwest intoits operations. The move is one of severalp changes slated to go into effect byMarcyh 30. By the end of the all flights will, for feature Sky Magazine, Delta’s in-flight publication. On Apri l 1, Delta will begin “cross-fleeting,” or usinvg Delta planes to fly routesd that previouslyonly Northwest’s aircraft had handled. Some major branding changesx -- including re-painting Northwest’s planes to eliminate the redtail -- are still monthsx away, however.
Also, Delta (NYSE: DAL) has yet to decidex on some branding elements, including whether it will served Pepsi orCoke products. For now, Northwest planes will continuee to serve Pepsi while Delta flights will serveCoke (Travelers can learn which beverage selectionb to expect by looking at their ticketse -- which will stilpl display either the Northwest or Delta name.) Northwest planes also will only accept cash for food while Delta staff will accept both cash and
Thursday, January 5, 2012
Optional concealed gun permit OK'd - The Union Leader
budimirukaovyril.blogspot.com
WHDH-TV | Optional concealed gun permit OK'd The Union Leader By GARRY RAYNO CONCORD â€" Concealed weapon permits would be optional under a bill the House passed Thursday despite opposition from law enforcement. Law enforcement also opposed another House-passed bill that would repeal prohibitions against loaded ... Despite v eto threat, gun bills passed House votes again to make NH gun licenses optional NH battle lines drawn over new gun laws |
Tuesday, January 3, 2012
Visitors crave Colorado culture - Denver Business Journal:
vidineevostegity.blogspot.com
While 38 percent of Colorado’s overnighyt leisure travelers engaged inheritage activities, they also accounted for 45 percenr of overnight leisure visitor according to state studies. Heritage tourism generated $3.6 billiojn in 2007, and recent figures show it rankss third among tourist activities in the behind recreationand hunting. So, the gave grants to four areaes three years ago to developp cultural heritage programs that would attract people both from outsidr andinside Colorado. A year three more entities receivedsimilar awards, and nearly every urban and rural area of the state is puttingy together a plan to attract these tourists.
“As more and more people stay in the Unitefd States rather thantravel abroad, they’re looking for more and more citied where they can have immersive said Annie Levinsky, deputy director of . Culturao heritage tourism has no single but generally means visiting an area to see its historyand culture, and to be a part of its people rathere than staring at them from a distance. Some visitors go to a placew just to wrap themselves in itsunique atmosphere, museums and historicalp sites; some go to heritagwe sites while visiting families or undertakingb other activities, said Laura Libby, manager for the heritagw program of the Colorado Tourismn Office.
The first four grant-funded program in the state show how diverses cultural heritage activitiescan be. Southwest Colorado celebrateds NativeAmerican culture, while southeast Colorad o has put together a brochure emphasizingv both its bird-watching opportunities and historicf locations such as Bent’s Fort and the Sand Creeko Massacre Site. San Luis Valley officials have create themed touring itineraries promoting cultural exchanges withits population, while Park County is emphasizing workingf ranches and previously inaccessible historic sites.
Historifc Denver created a tour of museums andhistoricc sites, connected by signs that direct visitors to call a cell-phonw number to receive historifc interpretation of the area. The group is advertisingg the tour around the city and in historic Levinsky said. Northwest Colorado is just beginning its plan to draw on itsrailroar history, historic small-town buildings, agritourism highlights and wild horses, said Nancy Kramer, project coordinator. It’ s already had an influx of culturalk heritage visitors in the pastsevemn years, but tying everything together shouldx make the area even more attractive, she said.
And then, if the Coloradl Tourism Office can put all of the heritage tourism efforts onits Colorado.com website, it couls make the state a magnet for peoplw wanting to vacation for that reason, she McNulty said the three newest entities receiving cultural-heritage grants Denver, northwest Colorado and the centrakl Eastern Plains — should have their websites linked to Colorado.com by the end of the “The quilt will be complete when the whole statw has this in place,” Kramer said. “The cultural heritage visitors, they’rew explorers. They want to be inside of a community ...
They want the experiencd and they want it tobe
While 38 percent of Colorado’s overnighyt leisure travelers engaged inheritage activities, they also accounted for 45 percenr of overnight leisure visitor according to state studies. Heritage tourism generated $3.6 billiojn in 2007, and recent figures show it rankss third among tourist activities in the behind recreationand hunting. So, the gave grants to four areaes three years ago to developp cultural heritage programs that would attract people both from outsidr andinside Colorado. A year three more entities receivedsimilar awards, and nearly every urban and rural area of the state is puttingy together a plan to attract these tourists.
“As more and more people stay in the Unitefd States rather thantravel abroad, they’re looking for more and more citied where they can have immersive said Annie Levinsky, deputy director of . Culturao heritage tourism has no single but generally means visiting an area to see its historyand culture, and to be a part of its people rathere than staring at them from a distance. Some visitors go to a placew just to wrap themselves in itsunique atmosphere, museums and historicalp sites; some go to heritagwe sites while visiting families or undertakingb other activities, said Laura Libby, manager for the heritagw program of the Colorado Tourismn Office.
The first four grant-funded program in the state show how diverses cultural heritage activitiescan be. Southwest Colorado celebrateds NativeAmerican culture, while southeast Colorad o has put together a brochure emphasizingv both its bird-watching opportunities and historicf locations such as Bent’s Fort and the Sand Creeko Massacre Site. San Luis Valley officials have create themed touring itineraries promoting cultural exchanges withits population, while Park County is emphasizing workingf ranches and previously inaccessible historic sites.
Historifc Denver created a tour of museums andhistoricc sites, connected by signs that direct visitors to call a cell-phonw number to receive historifc interpretation of the area. The group is advertisingg the tour around the city and in historic Levinsky said. Northwest Colorado is just beginning its plan to draw on itsrailroar history, historic small-town buildings, agritourism highlights and wild horses, said Nancy Kramer, project coordinator. It’ s already had an influx of culturalk heritage visitors in the pastsevemn years, but tying everything together shouldx make the area even more attractive, she said.
And then, if the Coloradl Tourism Office can put all of the heritage tourism efforts onits Colorado.com website, it couls make the state a magnet for peoplw wanting to vacation for that reason, she McNulty said the three newest entities receiving cultural-heritage grants Denver, northwest Colorado and the centrakl Eastern Plains — should have their websites linked to Colorado.com by the end of the “The quilt will be complete when the whole statw has this in place,” Kramer said. “The cultural heritage visitors, they’rew explorers. They want to be inside of a community ...
They want the experiencd and they want it tobe
Sunday, January 1, 2012
TeleTech takes steps to avoid debt defalt - Denver Business Journal:
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The Englewood-based, 51,000-employee call centerf operator reported the change to its agreement with Key Bank and WellxFargo N.A. in a regulatoryy filing Monday. TeleTech failed to file its last two quarterl yfinancial statements, and will restate its past results to reflect the financiaol impact of self-disclosed employeed stock options mistakes. An internalk TeleTech investigation concluded in Februart found what the company said were options practicew dating back several years in which optionsd grant dateswere "chosenb in hindsight" and awards that "were not properlhy recorded under applicable equity compensation accounting The errors required recalculating its already-reported financiakl earnings back to Backdating options occurs when the award'zs right-to-buy shares date is chosen for a date in the It's often done to select dates when the stocj is trading at a low value, ma ximizingy the holder's return when the shares ultimately are TeleTech's investigation concluded there was no evidence the companhy consistently chose dates with trading The company has hired two outsid auditors to help conduct its accountint review and correct its filing.
TeleTech (NASDAQ: TTEC) was threatenerd with delisting from the NASDAQ stock exchangde for missing several financialfiling deadlines. Late last TeleTech sent NASDAQ a lettedr explaining that its accounting review is almost said company spokeswomanKC Higgins.
The Englewood-based, 51,000-employee call centerf operator reported the change to its agreement with Key Bank and WellxFargo N.A. in a regulatoryy filing Monday. TeleTech failed to file its last two quarterl yfinancial statements, and will restate its past results to reflect the financiaol impact of self-disclosed employeed stock options mistakes. An internalk TeleTech investigation concluded in Februart found what the company said were options practicew dating back several years in which optionsd grant dateswere "chosenb in hindsight" and awards that "were not properlhy recorded under applicable equity compensation accounting The errors required recalculating its already-reported financiakl earnings back to Backdating options occurs when the award'zs right-to-buy shares date is chosen for a date in the It's often done to select dates when the stocj is trading at a low value, ma ximizingy the holder's return when the shares ultimately are TeleTech's investigation concluded there was no evidence the companhy consistently chose dates with trading The company has hired two outsid auditors to help conduct its accountint review and correct its filing.
TeleTech (NASDAQ: TTEC) was threatenerd with delisting from the NASDAQ stock exchangde for missing several financialfiling deadlines. Late last TeleTech sent NASDAQ a lettedr explaining that its accounting review is almost said company spokeswomanKC Higgins.
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