sasutezew.blogspot.com
The movie starring Sandra Bullock and Ryan Reynolds broughtt in anestimated $34,114,000 in its openinvg weekend. It knocked off the reigning ' "The Hangover," which brought in an estimated $26,855,00o0 during the weekend. "The Proposal" was shown on aboutf 4,100 screens at 3,057 sites, according to a report on the Disney/ 's "Up" continued its strony showing, coming in third over the weekendf with anestimated $21,336,000. The animatedc film is currently in second placebehind Paramount's "Star Trek," for second-largest movie of the summer.
Another new ' "Year One," brought in an estimater $20,200,000 in its first placing it fourth onthe list. Another Sony Picturex release, "The Taking of Pelham 1 2 rounded out thetop five, bringingg in an estimated $11,300,000.
Monday, December 31, 2012
Saturday, December 29, 2012
Marlins not interested in Cuban free agents Dariel Alvarez and Aledmys Diaz - NBCSports.com
mastering-input.blogspot.com
NBCSports.com | Marlins not interested in Cuban free agents Dariel Alvarez and Aledmys Diaz NBCSports.com The Marlins aggressively pursued Cuban outfielder Yoenis Cespedes last offseason before he landed a four-year, $36 million deal from the Athletics, but the club has taken a decidedly different approach this winter, shedding big names while putting a ... |
Friday, December 28, 2012
Steve Redgrave: London 2012 games created a generation of superstars and ... - Telegraph.co.uk
bentlyoupapa1810.blogspot.com
Telegraph.co.uk | Steve Redgrave: London 2012 games created a generation of superstars and ... Telegraph.co.uk Steve Redgrave: London 2012 games created a generation of superstars and transformed the way the world views us. The Olympics changed Britain. Before those mad, magnificent two weeks in London last summer, the general perception of the British .. . |
Thursday, December 27, 2012
Western-Southern annuities on record-setting pace - Minneapolis / St. Paul Business Journal:
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Western & Southern sold $1.25 billion in annuities during the firstr four months ofthe year, it said last week. That puts it on pace to beat last year’ s total fixed and variable annuityu salesof $2.97 billion by 26 percent. The company’s 2008 annuitt sales soared 59 percent from theprior year. “Our strong annuity sales are a direct result of the ongoingg flightto quality,” CEO John Barrett said in a news Western & Southern carries a AA+ ratingv from Standard & Poor’s, making it one of the world’z nine strongest life insurance groups. Salezs through banks have been a big partof downtown-basexd Western & Southern’s growth.
Those salesa generated $523 million so far this or about 40 percent ofthe company’s totap annuity sales. Bank-related sales more than doubled last Western & Southern’s sales place it among the nation’s largest provideres of individual annuity products, according to , an associatio of life insurers and financial firms.
Western & Southern sold $1.25 billion in annuities during the firstr four months ofthe year, it said last week. That puts it on pace to beat last year’ s total fixed and variable annuityu salesof $2.97 billion by 26 percent. The company’s 2008 annuitt sales soared 59 percent from theprior year. “Our strong annuity sales are a direct result of the ongoingg flightto quality,” CEO John Barrett said in a news Western & Southern carries a AA+ ratingv from Standard & Poor’s, making it one of the world’z nine strongest life insurance groups. Salezs through banks have been a big partof downtown-basexd Western & Southern’s growth.
Those salesa generated $523 million so far this or about 40 percent ofthe company’s totap annuity sales. Bank-related sales more than doubled last Western & Southern’s sales place it among the nation’s largest provideres of individual annuity products, according to , an associatio of life insurers and financial firms.
Tuesday, December 25, 2012
Weber County Library hosts annual Christmas open house - StandardNet
ogarawo.wordpress.com
StandardNet | Weber County Library hosts annual Christmas open house StandardNet The Weber County Library's main branch played Christmas Eve (afternoon) host to an estimated 500 guests who had no place to go. The library staff and volunteers provided a holiday meal, camaraderie, entertainment and small gifts such as socks, gloves, ...
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Sunday, December 23, 2012
Workzone: Discriminatory job practices working against older workers - Pittsburgh Post Gazette
awipekyhila.blogspot.com
Workzone: Discriminatory job practices working against older workers Pittsburgh Post Gazette It isn't easy to grow old gracefully. But for people 55 and older who want to continue in the work force, the realities of advancing age can be especially harsh. Simply put, negative stereotypes about being less productive, having dated skills and ... |
Friday, December 21, 2012
Memphis Business Journal: Starting a Business : Business Advice
grigoriynirim.blogspot.com
In order to understand why a down market creates so many opportunitiee for astartup company, you first need to understand why a bull market makeds it so difficult to succeed. In a bull the cost of everything As more capitalbecomes available, so does more New startups spring up everywhere, competinv for talent, marketing opportunities and customers. At one time you were the only game intown - now you'vd got three guys pretending to do exactly what you do - all the whilew increasing the cost of running your business. a bear market drives the cost ofeverythint downward.
Companies go into a losing sight of their growtj goals and in some cases falling into bankruptcy The sudden drop in demand forcesx the prices of everythingsharply downward, creating a perfectg storm for a well-prepared company to createw unprecedented gains. Before you get your offense you need to get your defenss lined up and that means gettiny very leanvery quickly. The problem with coming off of a bull markety isthat we're not used to pullingg back. We're used to knowing that the next year will be even biggerf thanthe last, so we plan and spene accordingly. This time we've got to create a very differengt plan.
This plan is about reducing marketing and all possible operating costs you have before circumstancess force such movesupon you. Make no mistake, this is going to Nobody is ever excitedxabout downshifting, especially after a good run, but it's better than sending the entire company home becausee you weren't ready to make A healthy approach is to plan for a very long Assume you'll lose more sales than you can possiblyt forecast. Think of your businessa in terms of what it is your company can operate on and still keep thelightx on. You can always add more resources if you need them butyou won't be able to make up for overshootinyg your income forecasts.
Kicking butt in a down markety isn't just about crawling up in a hole and waitingbfor spring. It's about gettin lean so you can get focused onhuntinh again. Your competition may not react as quicklyy asyou did, which is great news for you. Chances are their lack of planninbg is putting the company in atight spot. Theid senior management is more concerneds about making payroll thanmaking acquisitions. Thei r foot soldiers are more worried abouf whether or not they are going to have jobs than whether theit customers are as happy as theycan be. And that's where you swoop right in.
Therd is never a more cost effectivwe time to attack the competition and take over theier customers than in a down The cost of advertising plummets as the competitionpullw back. The challenge of getting mediq attention dwindles as fewer companiesx are vyingfor attention. And the cost of wooingf customers drops as sales representativeds go into adefensive tailspin. In some casew you may not even have to attackthei customers. As your competition pulls back or goes out of you can let their customers cometo you.
Try that in a bull
In order to understand why a down market creates so many opportunitiee for astartup company, you first need to understand why a bull market makeds it so difficult to succeed. In a bull the cost of everything As more capitalbecomes available, so does more New startups spring up everywhere, competinv for talent, marketing opportunities and customers. At one time you were the only game intown - now you'vd got three guys pretending to do exactly what you do - all the whilew increasing the cost of running your business. a bear market drives the cost ofeverythint downward.
Companies go into a losing sight of their growtj goals and in some cases falling into bankruptcy The sudden drop in demand forcesx the prices of everythingsharply downward, creating a perfectg storm for a well-prepared company to createw unprecedented gains. Before you get your offense you need to get your defenss lined up and that means gettiny very leanvery quickly. The problem with coming off of a bull markety isthat we're not used to pullingg back. We're used to knowing that the next year will be even biggerf thanthe last, so we plan and spene accordingly. This time we've got to create a very differengt plan.
This plan is about reducing marketing and all possible operating costs you have before circumstancess force such movesupon you. Make no mistake, this is going to Nobody is ever excitedxabout downshifting, especially after a good run, but it's better than sending the entire company home becausee you weren't ready to make A healthy approach is to plan for a very long Assume you'll lose more sales than you can possiblyt forecast. Think of your businessa in terms of what it is your company can operate on and still keep thelightx on. You can always add more resources if you need them butyou won't be able to make up for overshootinyg your income forecasts.
Kicking butt in a down markety isn't just about crawling up in a hole and waitingbfor spring. It's about gettin lean so you can get focused onhuntinh again. Your competition may not react as quicklyy asyou did, which is great news for you. Chances are their lack of planninbg is putting the company in atight spot. Theid senior management is more concerneds about making payroll thanmaking acquisitions. Thei r foot soldiers are more worried abouf whether or not they are going to have jobs than whether theit customers are as happy as theycan be. And that's where you swoop right in.
Therd is never a more cost effectivwe time to attack the competition and take over theier customers than in a down The cost of advertising plummets as the competitionpullw back. The challenge of getting mediq attention dwindles as fewer companiesx are vyingfor attention. And the cost of wooingf customers drops as sales representativeds go into adefensive tailspin. In some casew you may not even have to attackthei customers. As your competition pulls back or goes out of you can let their customers cometo you.
Try that in a bull
Thursday, December 20, 2012
Planned layoffs fall 16% in May - Wichita Business Journal:
xysecurakihir.blogspot.com
percent more than the 103,522 announcedx in the same month ayear ago. This year has not been kind to The report found that so far in 2009 employers haveannounceed 822,282 job cuts, more than double the 394,19w announced through May last year. But while job cuts remainer well abovelast year's pace, May markerd the fourth consecutive month with a decline in job-cut Since reaching a peak of 241,749 in job-cut totals have fallen by an average of 17.5 percent per CEO John Challenger remains cautious about the job marketzs prospects. “This decline in job cuts coulrdbe short-lived,” Challenger said.
“The seconx quarter is typically the lowest quartef of the year when it comess tojob cuts. Corporate downsizing may continue to remainn slow during thesummer months, but if the past is any we could see the pace accelerate again in the latter half of the thirsd quarter through the end of the
percent more than the 103,522 announcedx in the same month ayear ago. This year has not been kind to The report found that so far in 2009 employers haveannounceed 822,282 job cuts, more than double the 394,19w announced through May last year. But while job cuts remainer well abovelast year's pace, May markerd the fourth consecutive month with a decline in job-cut Since reaching a peak of 241,749 in job-cut totals have fallen by an average of 17.5 percent per CEO John Challenger remains cautious about the job marketzs prospects. “This decline in job cuts coulrdbe short-lived,” Challenger said.
“The seconx quarter is typically the lowest quartef of the year when it comess tojob cuts. Corporate downsizing may continue to remainn slow during thesummer months, but if the past is any we could see the pace accelerate again in the latter half of the thirsd quarter through the end of the
Wednesday, December 19, 2012
Delta integrates international offerings - Business Courier of Cincinnati:
ogarawo.wordpress.com
Delta said it would standardiz this month the services offered passengerzs aboard Delta and Northwestinternationao flights. "June marks another major milestoned in our merger with Northwesf as weintroduce high-quality productse on board Delta and Northwestr aircraft operating internationally," Joanne Smith, senior vice president of in-flight said in a statement. "We continue to brinhg together the best of both airlinesa to createone best-in-class experience for customers travelingh with us worldwide.
" Atlanta-based Delta (NYSE: DAL) said servicea would be integrated aboard all long-haul international aircraff with BusinessElite cabins (formerly known as "World Business Class" aboardd Northwest jets). BusinessElite passengers on both carriers can chooses from meals created by celebrity chef Michellde Bernstein and wines picked by mastere sommelierAndrea Robinson. Delta also plans to roll out “amenit y kits” by Greek skincare companyh . Economy passengers will be offered complimentar y beer and wine on Delta and Northwest international flights.
Liquor and signature mixed drinks by Rande Gerber will be availablefor $7 Economy passengers will also be offerec an upgraded hot breakfast on international flights longer than 3,800 miles. The new international offerings are a continue d step in the integration of the two carriers intothe world’sz largest airlines. inked a new jointf venture agreement with
Delta said it would standardiz this month the services offered passengerzs aboard Delta and Northwestinternationao flights. "June marks another major milestoned in our merger with Northwesf as weintroduce high-quality productse on board Delta and Northwestr aircraft operating internationally," Joanne Smith, senior vice president of in-flight said in a statement. "We continue to brinhg together the best of both airlinesa to createone best-in-class experience for customers travelingh with us worldwide.
" Atlanta-based Delta (NYSE: DAL) said servicea would be integrated aboard all long-haul international aircraff with BusinessElite cabins (formerly known as "World Business Class" aboardd Northwest jets). BusinessElite passengers on both carriers can chooses from meals created by celebrity chef Michellde Bernstein and wines picked by mastere sommelierAndrea Robinson. Delta also plans to roll out “amenit y kits” by Greek skincare companyh . Economy passengers will be offered complimentar y beer and wine on Delta and Northwest international flights.
Liquor and signature mixed drinks by Rande Gerber will be availablefor $7 Economy passengers will also be offerec an upgraded hot breakfast on international flights longer than 3,800 miles. The new international offerings are a continue d step in the integration of the two carriers intothe world’sz largest airlines. inked a new jointf venture agreement with
Sunday, December 16, 2012
Houston Business Journal: Houston Commercial Real Estate Listings - View Commercial Real Estate
sucujovide.wordpress.com
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Saturday, December 15, 2012
Ryder donates $1M to Red Cross - Minneapolis / St. Paul Business Journal:
stelauguqdinec.blogspot.com
The foundation, affiliated with Miami-based R), will give $850,000 to the American Red Crose Disaster Relief Fundand $150,00 to the Greater Miami & the Keys Red Cross In making the commitment, Ryder becomes the newesgt member of the American Red Cross Annual Disaster Givinbg Program, which includes , , , , , , , and . Gail president and CEO of the Greater Miami American Red said the program provides resources to help with a varietof disasters, ranging from apartment or housw fires to hurricane relief. Ryder's announcement came on the openinvg day of the 2009 hurricane season.
Ryder is extending preferred pricing for rental vehiclex to all local Red Cross chapters in the and will encourageits 20,000 U.S. employees to help supporg disaster preparednessand response. “The American Red Cross is one of the most well respectee charitable organizations in the worlxd and we greatly valuee the contributions it makes to communities where we liveand work,” Ryder Chairman and CEO Greg Swientohn said in a news release. “As a transportation and logisticsd provider, we also understand the complexity and depth of timelhy resources needed to respondto disasters.
It is this stronb linkage between Ryder’s business and the Red Cross’ operational needs that drove us to select the Red Crosxsas Ryder’s primary, national charitable partner."
The foundation, affiliated with Miami-based R), will give $850,000 to the American Red Crose Disaster Relief Fundand $150,00 to the Greater Miami & the Keys Red Cross In making the commitment, Ryder becomes the newesgt member of the American Red Cross Annual Disaster Givinbg Program, which includes , , , , , , , and . Gail president and CEO of the Greater Miami American Red said the program provides resources to help with a varietof disasters, ranging from apartment or housw fires to hurricane relief. Ryder's announcement came on the openinvg day of the 2009 hurricane season.
Ryder is extending preferred pricing for rental vehiclex to all local Red Cross chapters in the and will encourageits 20,000 U.S. employees to help supporg disaster preparednessand response. “The American Red Cross is one of the most well respectee charitable organizations in the worlxd and we greatly valuee the contributions it makes to communities where we liveand work,” Ryder Chairman and CEO Greg Swientohn said in a news release. “As a transportation and logisticsd provider, we also understand the complexity and depth of timelhy resources needed to respondto disasters.
It is this stronb linkage between Ryder’s business and the Red Cross’ operational needs that drove us to select the Red Crosxsas Ryder’s primary, national charitable partner."
Thursday, December 13, 2012
Cancer Treatment Centers set for Newnan - Atlanta Business Chronicle:
plesciamipukoa1855.blogspot.com
The up to 50-bed hospital in Newnan will draw at leasty 65 percent of its patients from It also will create 500 jobs and generateea $500 million economic impact over five years, hospitak officials said. The Newnan location, a quick shot down Interstats 85from , fits in with CTCA’x goal of providing easy access to patients flying into Atlanta. Cancer Treatment Centers of America’s hospitalx in suburban Chicago, Philadelphia, Phoenix, and Okla., offer a mix of inpatient and outpatientf chemotherapy treatments with nontraditional approacheasincluding science-based alternative medicine.
Some area hospital administrators worry the new hospita l would siphon away paying patients and poachy already limited physician andnursinh talent. "They are not going to bring any new capabilityh to the Atlanta area thatwe don'y already have," said Kirk Wilson, CEO of Saint Joseph's Hospitak of Atlanta, in an intervieaw with Atlanta Business Chronicle in April. "They're a commercia organization that's going to skim off the top and try to attrac tcommercial patients, for the most part.
" But a new hospitapl specializing in advanced treatments for cancer will offee metro Atlanta both health-care and economic benefits, say supporters of a project more than two years in the making. “Itg will make us a medicapl hub for cancer treatment in the southeasterbUnited States,” said Georgia Rep. Ron Stephens, R-Garden City, who sponsored a bill in the General Assembl paving the way for the company to set up shopin “And the economic impact will be staggering.
” And expandingg into the Atlanta area will offere a huge convenience for CTCA patients from the who now travel an average of more than 500 mileas one way to get to one of the company’s CTCA board Vice Chairman Robert Mayo “Our mission is to serve as many cancert patients who want access to our brand of care as he said. “Many of these people now have to fly over or drivew through Southeastern states to accesds one of ourexisting facilities.
”
The up to 50-bed hospital in Newnan will draw at leasty 65 percent of its patients from It also will create 500 jobs and generateea $500 million economic impact over five years, hospitak officials said. The Newnan location, a quick shot down Interstats 85from , fits in with CTCA’x goal of providing easy access to patients flying into Atlanta. Cancer Treatment Centers of America’s hospitalx in suburban Chicago, Philadelphia, Phoenix, and Okla., offer a mix of inpatient and outpatientf chemotherapy treatments with nontraditional approacheasincluding science-based alternative medicine.
Some area hospital administrators worry the new hospita l would siphon away paying patients and poachy already limited physician andnursinh talent. "They are not going to bring any new capabilityh to the Atlanta area thatwe don'y already have," said Kirk Wilson, CEO of Saint Joseph's Hospitak of Atlanta, in an intervieaw with Atlanta Business Chronicle in April. "They're a commercia organization that's going to skim off the top and try to attrac tcommercial patients, for the most part.
" But a new hospitapl specializing in advanced treatments for cancer will offee metro Atlanta both health-care and economic benefits, say supporters of a project more than two years in the making. “Itg will make us a medicapl hub for cancer treatment in the southeasterbUnited States,” said Georgia Rep. Ron Stephens, R-Garden City, who sponsored a bill in the General Assembl paving the way for the company to set up shopin “And the economic impact will be staggering.
” And expandingg into the Atlanta area will offere a huge convenience for CTCA patients from the who now travel an average of more than 500 mileas one way to get to one of the company’s CTCA board Vice Chairman Robert Mayo “Our mission is to serve as many cancert patients who want access to our brand of care as he said. “Many of these people now have to fly over or drivew through Southeastern states to accesds one of ourexisting facilities.
”
Tuesday, December 11, 2012
New Zealand companies take root in Silicon Valley - Silicon Valley / San Jose Business Journal:
xszeyluje.blogspot.com
The southwest Pacific island nation has launched a concerted effort atattracting U.S. venture with Kiwi companies looking at Silicon Valleyh as their beachhead intoworld markets. Mintz, Levin, Ferris, Glovsky and Popeo PC member Matt Kirmayed has worked with the New Zealan Trade and Enterprise group for about two He has traveled there twice to explain the Silicon Valley venturde modelto investors, companies and government officials. “Thwe level of excitement and interes isquite high,” Kirmayer said. “They read about VC and they’re reading about what happene inSilicon Valley.
And as companies theree mature, there are a large number of vallet venture funds excited by thetechnology they’ree seeing, and they’re viewing New Zealanf with great interest.” Keyur Patel, a managint partner on Palo Alto venture firm Fuse which focuses on digital media and communicationzs investments, considers New Zealand a hub for special effects for film and animation. The firm just made a multimillion-dollare investment into the film “Warrior’s Way,” whicjh was produced in New Zealand.
“Whebn I first started lookingf atNew Zealand, I met with every startup in the and even when you add it up, it’s still small and manageable,” Patel “There are a lot of ideads that are good for emerging marketzs but might not work in the U.S., but that’d what we’re looking for.” Brad Jones, North America team leader for Investment New Zealand, the country’s national investmeny promotion agency, matches high-growth New Zealand businessess to international investors. “New Zealand is a small so as companies get to a certain size and they need to get out ofthe country,” Jonesz said.
The agency sponsorerd an event in San Francisco on June 2 along with Palo Alto lawfirm Levin, Cohn, Ferris, Glovskyu and Popeo to showcase New Zealand investmenrt opportunities to American venture capitalists. Joneds said that for about a year the agencu hasattracted U.S. venture capitakl by adding people with experience in capital marketes toits roster. “Everyone realizes the best thinkinf around technology and the smartest capita exists inSilicon Valley,” Jonesa said. “To maximize the value creation, they need to be Since 2008, U.S.
venturde firms have invested about $20 millionn in New Zealand companies, said Calvin Cheong, a forme hedge fund trader who joined Investment New Zealand as investmentt managerin 2005. In terms of New Zealand companiess relocating tothe U.S., the agencg has seen everything from companies just finishingt beta testing to those getting $5 milliomn in U.S. venture funding movinhg to the states. “ I think with our efforts, we’rde gaining enough critical masswhere you’re going to be seeing a lot more of us in Silicon Valley,” Cheong said.
Two examples of New Zealand companies branching out globallt with Silicon Valley connections are Right Hemispherer and ZephyrTechnology Ltd. Pleasanton-based software company Right Hemispheree is best known as the maker of the 3D viewer included with AdobedSystems Inc.’s Adobe Reader. The compang launched in Auckland in and relocated its headquarters to California in 2003 on the heeles of an investment by Sequoia Capital Its investors now include SutterHill Ventures, SAP Venturesx and Nvidia Corp. Its third round of funding happenedd in the pastsix months. CEO Michaell Lynch declined to reveapl the amount but described itas “substantial.
” As part of an $8 milliobn loan provided to the companyy by the New Zealand government in 2006, Sutteer Hill and Sequoia also agreed to review five business plans a year for three yearsx from New Zealand companies. Lynch, who became the CEO in said, “We have greatg math and engineering, but we don’t know how to sell and There is a feeding that happens arouns that practicalskill set, especiallyu in Silicon Valley.” Zephyr Technology, a makefr of remote physiological sensors and software for use in the military, emergencyh response and health care landed its first contract with U.S. Special Operations Command in 2007.
San Francisco-basee Alsop Louie Partners fundedthe company’es Series B round, and the company’s executive team relocatex to Silicon Valley in 2007. “Thee contract with Special Forces brought us to ascalablr market, and it became obvious too that if we weren’ft in the U.S., we weren’ft going to raise U.S. money,” said Brian Russell, Zephyr’s founder and CEO. But Zephyr’s time in the valley was short. The compan will maintain a presencwe inNorthern California, but the executiv e team just moved to Annapolis, Md., to be closef to Zephyr’s defense-arena clientele.
The southwest Pacific island nation has launched a concerted effort atattracting U.S. venture with Kiwi companies looking at Silicon Valleyh as their beachhead intoworld markets. Mintz, Levin, Ferris, Glovsky and Popeo PC member Matt Kirmayed has worked with the New Zealan Trade and Enterprise group for about two He has traveled there twice to explain the Silicon Valley venturde modelto investors, companies and government officials. “Thwe level of excitement and interes isquite high,” Kirmayer said. “They read about VC and they’re reading about what happene inSilicon Valley.
And as companies theree mature, there are a large number of vallet venture funds excited by thetechnology they’ree seeing, and they’re viewing New Zealanf with great interest.” Keyur Patel, a managint partner on Palo Alto venture firm Fuse which focuses on digital media and communicationzs investments, considers New Zealand a hub for special effects for film and animation. The firm just made a multimillion-dollare investment into the film “Warrior’s Way,” whicjh was produced in New Zealand.
“Whebn I first started lookingf atNew Zealand, I met with every startup in the and even when you add it up, it’s still small and manageable,” Patel “There are a lot of ideads that are good for emerging marketzs but might not work in the U.S., but that’d what we’re looking for.” Brad Jones, North America team leader for Investment New Zealand, the country’s national investmeny promotion agency, matches high-growth New Zealand businessess to international investors. “New Zealand is a small so as companies get to a certain size and they need to get out ofthe country,” Jonesz said.
The agency sponsorerd an event in San Francisco on June 2 along with Palo Alto lawfirm Levin, Cohn, Ferris, Glovskyu and Popeo to showcase New Zealand investmenrt opportunities to American venture capitalists. Joneds said that for about a year the agencu hasattracted U.S. venture capitakl by adding people with experience in capital marketes toits roster. “Everyone realizes the best thinkinf around technology and the smartest capita exists inSilicon Valley,” Jonesa said. “To maximize the value creation, they need to be Since 2008, U.S.
venturde firms have invested about $20 millionn in New Zealand companies, said Calvin Cheong, a forme hedge fund trader who joined Investment New Zealand as investmentt managerin 2005. In terms of New Zealand companiess relocating tothe U.S., the agencg has seen everything from companies just finishingt beta testing to those getting $5 milliomn in U.S. venture funding movinhg to the states. “ I think with our efforts, we’rde gaining enough critical masswhere you’re going to be seeing a lot more of us in Silicon Valley,” Cheong said.
Two examples of New Zealand companies branching out globallt with Silicon Valley connections are Right Hemispherer and ZephyrTechnology Ltd. Pleasanton-based software company Right Hemispheree is best known as the maker of the 3D viewer included with AdobedSystems Inc.’s Adobe Reader. The compang launched in Auckland in and relocated its headquarters to California in 2003 on the heeles of an investment by Sequoia Capital Its investors now include SutterHill Ventures, SAP Venturesx and Nvidia Corp. Its third round of funding happenedd in the pastsix months. CEO Michaell Lynch declined to reveapl the amount but described itas “substantial.
” As part of an $8 milliobn loan provided to the companyy by the New Zealand government in 2006, Sutteer Hill and Sequoia also agreed to review five business plans a year for three yearsx from New Zealand companies. Lynch, who became the CEO in said, “We have greatg math and engineering, but we don’t know how to sell and There is a feeding that happens arouns that practicalskill set, especiallyu in Silicon Valley.” Zephyr Technology, a makefr of remote physiological sensors and software for use in the military, emergencyh response and health care landed its first contract with U.S. Special Operations Command in 2007.
San Francisco-basee Alsop Louie Partners fundedthe company’es Series B round, and the company’s executive team relocatex to Silicon Valley in 2007. “Thee contract with Special Forces brought us to ascalablr market, and it became obvious too that if we weren’ft in the U.S., we weren’ft going to raise U.S. money,” said Brian Russell, Zephyr’s founder and CEO. But Zephyr’s time in the valley was short. The compan will maintain a presencwe inNorthern California, but the executiv e team just moved to Annapolis, Md., to be closef to Zephyr’s defense-arena clientele.
Sunday, December 9, 2012
Career management important to financial plans - The Business Journal of Milwaukee:
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Many were asking for advice on how to retire at a relativelty youngage -- and they wanted to stop working The trend puzzled Haubrich, president of The , Mount So, as a matter of routinw he started asking clients about their careere -- were they happy in their jobs? What he soon discovererd was that many of his clients who wante to retire early viewed retirement as a way to get out of a failingy or unsatisfactory career. Haubrich realized he needed to look at his clients careers as more than just a way to make He needed to view his clients careers as an asset and a key part of anyfinanciaol plan. "Career is the financial engine that drivessthe machine," he said.
"You can treart it as an investment." But when he looked for guidanc e on how to incorporate career planninvg intofinancial planning, he came up So he devised a method to calculate a client'xs career asset and has begun working with careed counselors to create a fuller financiao plan for his clients. "We'r e looking at where we can add value," he Haubrich, a certified financial planner, incorporate d Financial Service Groupin 1981. It costs $4,00p0 to $6,000 for the combinefd career andfinancial planning, whicb Haubrich began providing about a year ago.
That includez three to four sessions with Haubrich and his and four or five meetings with a career counselor as well as one sessiojn wherethe client, financial planner and career counselor sit down Fifteen percent to 20 percen of Haubrich's 140 clients are receiving the combinefd planning services, he said. Linkinb career planning and financial planningy is a new direction for the financial planning and anappropriate one, said Bob an industry analyst in Asheville, N.C., who publishes "Insidse Information," a monthly newsletter on the financial planningt industry.
Over the past few years, financialk planners have started to take clients goalsand quality-of-life issues into but actually working with a careerf counselor and making discussing one's career a routine part of financial planninvg is unique, he said. "Whagt Mike is doing is recognizing an asset thatreallt hasn't been tended by the profession," Veres said. "Ir has the potential not only toimprover peoples' lives, but also to allow people to earn more money or extendc their working life." The , a Brookfieldd career counseling firm, has worked with about six of Haubrich'sw clients over the last nine said founder Pauline Foster.
Working with financial planners makezs sense for career counselors becaus e people often are afraid to leave jobs inwhich they're unhappyt because they don't know how it will affect them Foster said. "If a financial planneer and a career coach can work together with the then those links can be she said. "The person can reac h the life goal that is going to make them feel goodabout themselves.
" Haubrich, who would like to see the financial planningy industry adopt the concept of melding career counseling and financiapl planning as standard practice, is speakingy about his methods with other Milwaukee-area financial Bruce Heling, of , Brookfield, is considering adoptinf some of Haubrich's methods. Heling said he also has experiencef clients whose desire to retirw immediately masksjob dissatisfaction. He said he has suggested to those clients that they seek career but then left it up to the clieny to findhelp -- just as he would have if a cliengt had marital or mental health problems.
What's unique about Haubrich's method is that he has found a way to structurre the discussion ofa client's career and how it fits in with the financial Heling said. It also makes it all right for plannersa to address such issueswith clients, he said. "I'm of the schoolo of thought that financial planninf exists as a meana of helping people lead a morefulfillinhg life," Heling said. "Mike's taken the whole area to a new level and Ithink it's got some excellent
Many were asking for advice on how to retire at a relativelty youngage -- and they wanted to stop working The trend puzzled Haubrich, president of The , Mount So, as a matter of routinw he started asking clients about their careere -- were they happy in their jobs? What he soon discovererd was that many of his clients who wante to retire early viewed retirement as a way to get out of a failingy or unsatisfactory career. Haubrich realized he needed to look at his clients careers as more than just a way to make He needed to view his clients careers as an asset and a key part of anyfinanciaol plan. "Career is the financial engine that drivessthe machine," he said.
"You can treart it as an investment." But when he looked for guidanc e on how to incorporate career planninvg intofinancial planning, he came up So he devised a method to calculate a client'xs career asset and has begun working with careed counselors to create a fuller financiao plan for his clients. "We'r e looking at where we can add value," he Haubrich, a certified financial planner, incorporate d Financial Service Groupin 1981. It costs $4,00p0 to $6,000 for the combinefd career andfinancial planning, whicb Haubrich began providing about a year ago.
That includez three to four sessions with Haubrich and his and four or five meetings with a career counselor as well as one sessiojn wherethe client, financial planner and career counselor sit down Fifteen percent to 20 percen of Haubrich's 140 clients are receiving the combinefd planning services, he said. Linkinb career planning and financial planningy is a new direction for the financial planning and anappropriate one, said Bob an industry analyst in Asheville, N.C., who publishes "Insidse Information," a monthly newsletter on the financial planningt industry.
Over the past few years, financialk planners have started to take clients goalsand quality-of-life issues into but actually working with a careerf counselor and making discussing one's career a routine part of financial planninvg is unique, he said. "Whagt Mike is doing is recognizing an asset thatreallt hasn't been tended by the profession," Veres said. "Ir has the potential not only toimprover peoples' lives, but also to allow people to earn more money or extendc their working life." The , a Brookfieldd career counseling firm, has worked with about six of Haubrich'sw clients over the last nine said founder Pauline Foster.
Working with financial planners makezs sense for career counselors becaus e people often are afraid to leave jobs inwhich they're unhappyt because they don't know how it will affect them Foster said. "If a financial planneer and a career coach can work together with the then those links can be she said. "The person can reac h the life goal that is going to make them feel goodabout themselves.
" Haubrich, who would like to see the financial planningy industry adopt the concept of melding career counseling and financiapl planning as standard practice, is speakingy about his methods with other Milwaukee-area financial Bruce Heling, of , Brookfield, is considering adoptinf some of Haubrich's methods. Heling said he also has experiencef clients whose desire to retirw immediately masksjob dissatisfaction. He said he has suggested to those clients that they seek career but then left it up to the clieny to findhelp -- just as he would have if a cliengt had marital or mental health problems.
What's unique about Haubrich's method is that he has found a way to structurre the discussion ofa client's career and how it fits in with the financial Heling said. It also makes it all right for plannersa to address such issueswith clients, he said. "I'm of the schoolo of thought that financial planninf exists as a meana of helping people lead a morefulfillinhg life," Heling said. "Mike's taken the whole area to a new level and Ithink it's got some excellent
Saturday, December 8, 2012
Groups sue Mirant Mid-Atlantic over power plant - Sacramento Business Journal:
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The federal lawsuit, filed in the U.S. District Couryt in Baltimore, claims that the Chal Point Generating Plant operatedby Atlanta-based Mirant Mid-Atlantic has spewexd unacceptable levels of sulfur dioxide into the air hundredw of times without the appropriatew pollution controls required undere the federal Clean Air Act. A Mirant spokeswomanm said thecompany hasn’t been served with the lawsuir yet, and can’t comment on the The Environmental Integrity Project, a legal nonprofi t founded by former enforcement attorneys, and Brandes and Kline have filed the lawsuit on behalf of the Chesapeake Climat Action Network and four residents, includinfg a married couple, Nanchy and Norton Dodge, who live seven miles away from the plangt on a 1,200-acre farm in Mechanicsville.
The Dodges “neecd to close windows, limit their time outdoors and/or cover theifr faces when they are outdoors to avoied the respiratory irritants and smelkl of the pollution from the Chalk PointPowet Plant,” the lawsuit reads. Of the other two residentzs suing Mirant, David Bookbinder lives in about 30 miles fromthe plant, and Chrixs Schmitthenner lives in Mechanicsville, 11 miles away, and worka five miles from the plant. The Environmental Integrity Project had sent Miranf a letter in January notifyiny of its intent to sue the power company this year.
The plaintiffs pointed to a Harvard University 2006 study that showed that such particulate matter pollution from the Chalk Point plant can have negativer effects on the health and respiratory systems of people livin ina 400-kilometer, or nearly radius of the plant. In their initial notificatiojn letter, the plaintiffs wrotes that EPA hourly data shows that two boilerx at the Chalk Pointf plant exceeded allowable levels of sulfu r dioxide emissions 591 timesin 2006, 726 timed in 2007 and 113 times in 2008. Miranft has said it’s launched a $1.6 billionn project to install scrubbers andother pollution-reducinyg equipment on its Chalk Point boileres by the beginning of 2010.
The federal lawsuit, filed in the U.S. District Couryt in Baltimore, claims that the Chal Point Generating Plant operatedby Atlanta-based Mirant Mid-Atlantic has spewexd unacceptable levels of sulfur dioxide into the air hundredw of times without the appropriatew pollution controls required undere the federal Clean Air Act. A Mirant spokeswomanm said thecompany hasn’t been served with the lawsuir yet, and can’t comment on the The Environmental Integrity Project, a legal nonprofi t founded by former enforcement attorneys, and Brandes and Kline have filed the lawsuit on behalf of the Chesapeake Climat Action Network and four residents, includinfg a married couple, Nanchy and Norton Dodge, who live seven miles away from the plangt on a 1,200-acre farm in Mechanicsville.
The Dodges “neecd to close windows, limit their time outdoors and/or cover theifr faces when they are outdoors to avoied the respiratory irritants and smelkl of the pollution from the Chalk PointPowet Plant,” the lawsuit reads. Of the other two residentzs suing Mirant, David Bookbinder lives in about 30 miles fromthe plant, and Chrixs Schmitthenner lives in Mechanicsville, 11 miles away, and worka five miles from the plant. The Environmental Integrity Project had sent Miranf a letter in January notifyiny of its intent to sue the power company this year.
The plaintiffs pointed to a Harvard University 2006 study that showed that such particulate matter pollution from the Chalk Point plant can have negativer effects on the health and respiratory systems of people livin ina 400-kilometer, or nearly radius of the plant. In their initial notificatiojn letter, the plaintiffs wrotes that EPA hourly data shows that two boilerx at the Chalk Pointf plant exceeded allowable levels of sulfu r dioxide emissions 591 timesin 2006, 726 timed in 2007 and 113 times in 2008. Miranft has said it’s launched a $1.6 billionn project to install scrubbers andother pollution-reducinyg equipment on its Chalk Point boileres by the beginning of 2010.
Friday, December 7, 2012
COLLINS: Swerving hard right to avoid a U.N. threat - Santa Rosa Press Democrat
deeshu-tatum.blogspot.com
CBS News | COLLINS: Swerving hard right to avoid a U.N. threat Santa Rosa Press Democrat The tea party who made those threats work so well in the last election that Indiana now has a tot » |
Wednesday, December 5, 2012
Sheldon Adelson Is A Low-Information Billionaire, Apparently - Huffington Post
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Sheldon Adelson Is A Low-Information Billionaire, Apparently Huffington Post According to Adelson, he used to be a Democrat (which makes sense, because he seems to support all of the party's policies even today) but quit supporting Democrats because when he attended the 1988 Democratic Convention, he "was appalled at the ... |
Tuesday, December 4, 2012
Congress votes to delay digital-TV conversion - Denver Business Journal:
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The move, if signed into law as expected by PresidenfBarack Obama, delays the officiao deadline for the switch by four months from its originap Feb. 17 date. Concerns that an estimated 6.5 million including about 1.5 million households in are unprepared for the change to digital signalw promptedthe delay. A Jan. 22 report from The estimated that Houstonm had nearly 10 percent of the populatiomn not at all ready forthe conversion. The reporrt examined 56 local markets. Earlier reports had put Houston at the top of the list for metropolitan areas not read forthe conversion. The Bayou City at one time had as muchas 15.8 percenft of the population not ready.
The Januarhy report shows Houston moved down to thirsdbehind Albuquerque-Santa Fe, N.M. at 12.2 percenr and Dallas-Fort Worth at 10.2 percent. Broadcasters may stilol chose to switch to digital transmission prior to the new The vote bythe U.S. House of Representativess reversed the outcome ofa Jan. 28 House vote in whicjh the bill failed to getthe two-thirds majorit it needed to advance. The digita change will only affect televisions not connected to cablse or satellite television service and that predater the manufactureof digital-ready sets. Viewersa with such analog-only sets can buy converter boxea making them able to playdigitaol broadcasts.
The oversaw a program that issued $40 rebates to cove the cost ofconverter boxes. The rebatse program ran out of couponsweekz ago. Federal economic stimulus legislation under discussion in Congress included morethan $600 million in new fundingt for converter-box rebate coupons. Congress originally mandate the switch to digital broadcasting as a way to make use of publiclh owned broadcast spectrummore efficient. It is also meant to free spectrum for a nationalemergency responder’s communications Once TV stations leave the 700 megahertzz band of the telecommunications firms plan to use much of it for new wirelessx broadband services.
The FCC auctioned off the use the vacateed spectrumfor $19.4 billion last spring. One of the buyingg companies was FrontierWireless LLC, an off-shoogt of Englewood-based (NASDAQ: and (NASDAQ: DISH). It spent $712 milliojn for spectrum covering most ofthe U.S. Now the telecoj companies will have to wait longe for broadcasters to stop usin gthe frequencies. It’s not clear whether that will delat the arrival of new wirelessbroadband services.
The move, if signed into law as expected by PresidenfBarack Obama, delays the officiao deadline for the switch by four months from its originap Feb. 17 date. Concerns that an estimated 6.5 million including about 1.5 million households in are unprepared for the change to digital signalw promptedthe delay. A Jan. 22 report from The estimated that Houstonm had nearly 10 percent of the populatiomn not at all ready forthe conversion. The reporrt examined 56 local markets. Earlier reports had put Houston at the top of the list for metropolitan areas not read forthe conversion. The Bayou City at one time had as muchas 15.8 percenft of the population not ready.
The Januarhy report shows Houston moved down to thirsdbehind Albuquerque-Santa Fe, N.M. at 12.2 percenr and Dallas-Fort Worth at 10.2 percent. Broadcasters may stilol chose to switch to digital transmission prior to the new The vote bythe U.S. House of Representativess reversed the outcome ofa Jan. 28 House vote in whicjh the bill failed to getthe two-thirds majorit it needed to advance. The digita change will only affect televisions not connected to cablse or satellite television service and that predater the manufactureof digital-ready sets. Viewersa with such analog-only sets can buy converter boxea making them able to playdigitaol broadcasts.
The oversaw a program that issued $40 rebates to cove the cost ofconverter boxes. The rebatse program ran out of couponsweekz ago. Federal economic stimulus legislation under discussion in Congress included morethan $600 million in new fundingt for converter-box rebate coupons. Congress originally mandate the switch to digital broadcasting as a way to make use of publiclh owned broadcast spectrummore efficient. It is also meant to free spectrum for a nationalemergency responder’s communications Once TV stations leave the 700 megahertzz band of the telecommunications firms plan to use much of it for new wirelessx broadband services.
The FCC auctioned off the use the vacateed spectrumfor $19.4 billion last spring. One of the buyingg companies was FrontierWireless LLC, an off-shoogt of Englewood-based (NASDAQ: and (NASDAQ: DISH). It spent $712 milliojn for spectrum covering most ofthe U.S. Now the telecoj companies will have to wait longe for broadcasters to stop usin gthe frequencies. It’s not clear whether that will delat the arrival of new wirelessbroadband services.
Monday, December 3, 2012
N.C. law extends COBRA enrollment - The Business Review (Albany):
burdukovahycel.blogspot.com
The law extends the enrollment periof to 120 days from60 days. The coverage, oftem called “mini-COBRA,” will ultimately allow employees to receive the federallstimulus package’s 65 percenft COBRA premium subsidy. Laid-off personnel must have workedd at small businesses with fewer than20 employees. “Because of this legislationb and the federal premium subsidy, more North Carolinians who have been laid off will be able to maintaibn their insurance coverage,” says N.C. Insurance Commissioner Wayne Goodwin.
“We hear from a lot of consumers who unfortunateluy have chosen not to extend theire coverage through COBRAor mini-COBRA because it is simplyy too expensive or they missed the election COBRA gives workers and thei r families the option to continu group health benefits for limitede periods of time under certain circumstances. Undeer federal law, COBRA generally appliea to companies with 20 or more and workers may be charged up to 102 percen t of the full health insurance Insurance companies of smallemployers — those who have fewer than 20 employees are required to offer continuation coverage under Nort Carolina’s Group Health Insurance Continuation laws.
The federal stimulusa package contains two provisions that expand the benefits available to employees whose jobs havebeen eliminated. It extendxs the election period for eligible employeea to determine whether they wish to enrol l in the federalCOBRA program. The new N.C. law provides the same extended election periodfor mini-COBRA in Nortu Carolina. The federal package also provides a subsidy that pays for 65 percent of the premium for both COBRAand mini-COBRsA recipients who were laid off betweeb Sept. 1, 2008, and Dec. 31, 2009.
Depending on the size of the former either the employer or the insurance provider fronts 65 percent of the premium amount and then recoupzs that expense through federal payrololtax credits. Workers are responsible for the remainintg 35 percent ofthe premium.
The law extends the enrollment periof to 120 days from60 days. The coverage, oftem called “mini-COBRA,” will ultimately allow employees to receive the federallstimulus package’s 65 percenft COBRA premium subsidy. Laid-off personnel must have workedd at small businesses with fewer than20 employees. “Because of this legislationb and the federal premium subsidy, more North Carolinians who have been laid off will be able to maintaibn their insurance coverage,” says N.C. Insurance Commissioner Wayne Goodwin.
“We hear from a lot of consumers who unfortunateluy have chosen not to extend theire coverage through COBRAor mini-COBRA because it is simplyy too expensive or they missed the election COBRA gives workers and thei r families the option to continu group health benefits for limitede periods of time under certain circumstances. Undeer federal law, COBRA generally appliea to companies with 20 or more and workers may be charged up to 102 percen t of the full health insurance Insurance companies of smallemployers — those who have fewer than 20 employees are required to offer continuation coverage under Nort Carolina’s Group Health Insurance Continuation laws.
The federal stimulusa package contains two provisions that expand the benefits available to employees whose jobs havebeen eliminated. It extendxs the election period for eligible employeea to determine whether they wish to enrol l in the federalCOBRA program. The new N.C. law provides the same extended election periodfor mini-COBRA in Nortu Carolina. The federal package also provides a subsidy that pays for 65 percent of the premium for both COBRAand mini-COBRsA recipients who were laid off betweeb Sept. 1, 2008, and Dec. 31, 2009.
Depending on the size of the former either the employer or the insurance provider fronts 65 percent of the premium amount and then recoupzs that expense through federal payrololtax credits. Workers are responsible for the remainintg 35 percent ofthe premium.
Friday, November 30, 2012
Microsoft's next Xbox is one year away, report claims - PCWorld (blog)
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Hot Hardware | Microsoft's next Xbox is one year away, report claims PCWorld (blog) The report cites the usual “people familiar with the company's plans.†Microsoft hasn't decided when to announce its next gaming console, the sources say, but the big reveal might happen during the E3 trade show in June or at a separate launch event ... Microsoft Said to Plan Next Xbox for 2013 Holiday Season Yet another report says Xbox 720 coming next year It Looks Like The Next Xbox Is Launching Next Year [Rumor] |
Thursday, November 29, 2012
Intermountain Drilling opens AZ office - Jacksonville Business Journal:
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Lee & Associates representesd the landlord, Irgens Development Partnere LLC. NAI Horizon represented the tenant. • signef a 10-year lease for 31,400o square feet at 1140 and 1150 S. Priest Drive in Tempe. The value of the lease is $4 The school, which had been known as IIA College, is takingf space recently vacated byCollin College, which now operates in Cottoh Center in southeast Phoenix. Brookline is moving from 925 S. Gilber t Road in Mesa. Grubb & Ellis/BRE Commercial represented the landlord, Pecos-Windmill N.W. LLC of Nev. Landmark TCN represented Brookline • signed a five-year lease for 18,00 0 square feet at the Van BurenDistributiohn Center, 20 S. 48th Ave.
in Phoenix. The companu distributes hydraulic industrial hoses and is relocating from a locationnfarther west. Financial terms of the leasr werenot disclosed. CB Richarxd Ellis represented the landlord, Mountain West Propertiesw of Greenwood Village, Colo. Daum Commercial Real Estate Services representedthe tenant.
Lee & Associates representesd the landlord, Irgens Development Partnere LLC. NAI Horizon represented the tenant. • signef a 10-year lease for 31,400o square feet at 1140 and 1150 S. Priest Drive in Tempe. The value of the lease is $4 The school, which had been known as IIA College, is takingf space recently vacated byCollin College, which now operates in Cottoh Center in southeast Phoenix. Brookline is moving from 925 S. Gilber t Road in Mesa. Grubb & Ellis/BRE Commercial represented the landlord, Pecos-Windmill N.W. LLC of Nev. Landmark TCN represented Brookline • signed a five-year lease for 18,00 0 square feet at the Van BurenDistributiohn Center, 20 S. 48th Ave.
in Phoenix. The companu distributes hydraulic industrial hoses and is relocating from a locationnfarther west. Financial terms of the leasr werenot disclosed. CB Richarxd Ellis represented the landlord, Mountain West Propertiesw of Greenwood Village, Colo. Daum Commercial Real Estate Services representedthe tenant.
Tuesday, November 27, 2012
First Marblehead bank runs afoul of regulators - Phoenix Business Journal:
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That’s according to a ceasde and desist order issued against bythe , a federapl bank regulator. First Marblehead (NYSE: FMD), whosew key business of packaging student loans into securitiexs hasdried up, now faces the prospect of pumpinfg millions of dollars of capitakl into the small Rhodde Island bank to bolster its The OTS order says First Marblehead is requireed to maintain a $30 million deposit at the bank untikl it is sold or the bank’s concentration of privatew student loans is reduced to 50 percentt of Union Federal’s capital, plus any allowance for loan First Marblehead also needs OTS approval before making any golden parachutee payments to senior executives, according to the cease and desistg order.
Union Federal Savings Bank’sd problems have been chronicled in previousx stories by the BostonBusiness Journal. Before being acquired by Firsg Marblehead, Union Federal Savings had about $40 millio in assets. But that balance sheet balloone d to morethan $600 million last year as Firs Marblehead moved some $500 million in risky privated student loans onto the bank’s balance sheet. The bank has been unsuccessfulp in selling those loans whiler an escalating number of defaults have triggeredlargr losses. In the first quarter, for example, the North Providence-based bank lost $26.
4 million, according to federal bank
That’s according to a ceasde and desist order issued against bythe , a federapl bank regulator. First Marblehead (NYSE: FMD), whosew key business of packaging student loans into securitiexs hasdried up, now faces the prospect of pumpinfg millions of dollars of capitakl into the small Rhodde Island bank to bolster its The OTS order says First Marblehead is requireed to maintain a $30 million deposit at the bank untikl it is sold or the bank’s concentration of privatew student loans is reduced to 50 percentt of Union Federal’s capital, plus any allowance for loan First Marblehead also needs OTS approval before making any golden parachutee payments to senior executives, according to the cease and desistg order.
Union Federal Savings Bank’sd problems have been chronicled in previousx stories by the BostonBusiness Journal. Before being acquired by Firsg Marblehead, Union Federal Savings had about $40 millio in assets. But that balance sheet balloone d to morethan $600 million last year as Firs Marblehead moved some $500 million in risky privated student loans onto the bank’s balance sheet. The bank has been unsuccessfulp in selling those loans whiler an escalating number of defaults have triggeredlargr losses. In the first quarter, for example, the North Providence-based bank lost $26.
4 million, according to federal bank
Monday, November 26, 2012
Clear lanes to shut down at Hartsfield-Jackson - Pittsburgh Business Times:
ogarawo.wordpress.com
New York-based , the operator of registeresd travelservice CLEAR, said the paid security lanes at its membere airports would cease operations because the company “hasd been unable to negotiate an agreementg with its senior creditor to continude operations,” according to a statement poster on the company’s Web site, www.flyclear.com. Last the company said it had 20,000 registered travelersz in metro Atlanta. As of last year, the companuy had more than 200,000 CLEARR members, who paid up to $199 for an annual membershipo for access to designated security lanes at participatingairportas nationwide.
Members provided biometric data, whichj was encoded on a card, for the promise of a speediefr and convenient trip throughairporgt security. The service targeted business travelers who routinelh travelby air. The company was founded by founderSteve Brill. CLEAR lanes opened at the airportr about the same time as an expansionj of the main security lanesat Hartsfield-Jackson. The new additions included lanes designed specifically forexperienced travelers.
Airport officials have said the added lanes have kept security wait times belowq 10 minuteson average, whicnh might have made CLEAR lanesx less advantageous to
New York-based , the operator of registeresd travelservice CLEAR, said the paid security lanes at its membere airports would cease operations because the company “hasd been unable to negotiate an agreementg with its senior creditor to continude operations,” according to a statement poster on the company’s Web site, www.flyclear.com. Last the company said it had 20,000 registered travelersz in metro Atlanta. As of last year, the companuy had more than 200,000 CLEARR members, who paid up to $199 for an annual membershipo for access to designated security lanes at participatingairportas nationwide.
Members provided biometric data, whichj was encoded on a card, for the promise of a speediefr and convenient trip throughairporgt security. The service targeted business travelers who routinelh travelby air. The company was founded by founderSteve Brill. CLEAR lanes opened at the airportr about the same time as an expansionj of the main security lanesat Hartsfield-Jackson. The new additions included lanes designed specifically forexperienced travelers.
Airport officials have said the added lanes have kept security wait times belowq 10 minuteson average, whicnh might have made CLEAR lanesx less advantageous to
Sunday, November 25, 2012
Short
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The Clayton-based company nearly doubled its profiy in the first quarter of 2009, reporting $8.7 million in profit on revenuew of $203.4 million. This compares to a $4.5 millioh profit on $182.4 million in revenue for the firstr quarterof 2008. RehabCare ended the first quarterd this yearwith $38.2 milliojn in cash and cash Now, President and CEO John Shorr wants to double the size of the hospitakl division “as quickly as humanly according to comments he recently made at an investorws conference in Boston. The division currently operate s11 hospitals, which RehabCars owns independently or through joinyt ventures.
RehabCare would like to increase this to 20 to 25 to achieved better economiesof scale. The company is watching health-car e legislation to determine howto proceed. “We’re in the middle of health-reformj mania,” Short said. “We’re waitingv to see what the Housed and Senate does with the Health CareReforj bill.”
The Clayton-based company nearly doubled its profiy in the first quarter of 2009, reporting $8.7 million in profit on revenuew of $203.4 million. This compares to a $4.5 millioh profit on $182.4 million in revenue for the firstr quarterof 2008. RehabCare ended the first quarterd this yearwith $38.2 milliojn in cash and cash Now, President and CEO John Shorr wants to double the size of the hospitakl division “as quickly as humanly according to comments he recently made at an investorws conference in Boston. The division currently operate s11 hospitals, which RehabCars owns independently or through joinyt ventures.
RehabCare would like to increase this to 20 to 25 to achieved better economiesof scale. The company is watching health-car e legislation to determine howto proceed. “We’re in the middle of health-reformj mania,” Short said. “We’re waitingv to see what the Housed and Senate does with the Health CareReforj bill.”
Friday, November 23, 2012
Solar Array, Gen. Mills detail expansions - Business First of Louisville:
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broke ground April 5 on the $100 176,000-square-foot expansion of its manufacturingfacility here, Keith general manager of the local told members of . AED held its quarterlyy meeting Thursdayat . Joe president and CEO of Solar Array outlinedhis company’s plan to builf a massive solar manufacturing plantt on the city’s General Mills’ expansion should be completed by November, Bone The cereal manufacturer will hire 60 additionalo employees, bringing additional payrol to the area of $3.5 The expansion also bringa $30 million in spending to New Mexico. The Albuquerquer City Council approveda $100 million industrial revenue bond deal for the companu in February.
BE&K Corp. from North Carolina landed the design/build contract to build the expansion, but Bone said 80 perceny of the firm’s spending and employees will be The precast panels beingh used in the construction are manufacturedin Belen. Generakl Mills has been in Albuquerquesince 1991. Its current facility is located near Pasek del Norte and Edithn and has190 employees, with an annuak payroll of $12 million, said Bone. The 275,000-square-foot plant producees about 135 million pounds annually of 35 different The facility also has alab on-site where the instructions for bakinh General Mills products at high altitudes are created.
The company has given about $5 million to area nonprofits since 1998and $519,000 in scholarships, Bone added. Don chairman of AED, said the cereal company’ws donations illustrate one of the thingx the organization looks for in recruiting community involvement. Hudgins said Solar Array plansd to break ground by the third quartefr of this year ona 225,000-square-foof thin-film photovoltaic manufacturing plant in the Cordero Mesa businesx park, west of the mattress The company plans to add three more buildingsd of that size as it grows, he with each facility employing aboutf 225. Its annual payroll in the firstr phase wouldbe $14 million.
About five percenr of the jobs wouldpay $100,000, 45 percent would pay $70,00p0 and half of the jobs would pay The capital investment for the first phase will be $170 milliob and the company woule spend $40 million annually for raw The first phase is expected to have a capacith of 75 megawatts, but that would grow to 300 mw with the full The plant also will have a space that will servwe as a community and educational center. Solar Array is seeking $175 million in industrialp revenue bonds fromBernalillo County. The company is workingg to raise $210 millionb in debt and equity, Hudgins said.
Hudginsd said New Mexico beat out two other statezs forthe plant, despite the fact that it did not offed the largest incentives. But the coordination among local and state government officials and other parties made New Mexico far more efficieng in establishing a planning frameworl that the company could then use to plan a budget forthe plant, he said “That was a majorr issue for us,” Hudgins He also praised the labor forc here and the educational institutions. The facilitt is being designed byPageSoutherlandPage LLP, whichn has Texas offices in Austin, Dallas and as well as Denver, D.C. and London, U.K. Hoffmajn Construction, based in Portland, Ore.
, is building the facility.
broke ground April 5 on the $100 176,000-square-foot expansion of its manufacturingfacility here, Keith general manager of the local told members of . AED held its quarterlyy meeting Thursdayat . Joe president and CEO of Solar Array outlinedhis company’s plan to builf a massive solar manufacturing plantt on the city’s General Mills’ expansion should be completed by November, Bone The cereal manufacturer will hire 60 additionalo employees, bringing additional payrol to the area of $3.5 The expansion also bringa $30 million in spending to New Mexico. The Albuquerquer City Council approveda $100 million industrial revenue bond deal for the companu in February.
BE&K Corp. from North Carolina landed the design/build contract to build the expansion, but Bone said 80 perceny of the firm’s spending and employees will be The precast panels beingh used in the construction are manufacturedin Belen. Generakl Mills has been in Albuquerquesince 1991. Its current facility is located near Pasek del Norte and Edithn and has190 employees, with an annuak payroll of $12 million, said Bone. The 275,000-square-foot plant producees about 135 million pounds annually of 35 different The facility also has alab on-site where the instructions for bakinh General Mills products at high altitudes are created.
The company has given about $5 million to area nonprofits since 1998and $519,000 in scholarships, Bone added. Don chairman of AED, said the cereal company’ws donations illustrate one of the thingx the organization looks for in recruiting community involvement. Hudgins said Solar Array plansd to break ground by the third quartefr of this year ona 225,000-square-foof thin-film photovoltaic manufacturing plant in the Cordero Mesa businesx park, west of the mattress The company plans to add three more buildingsd of that size as it grows, he with each facility employing aboutf 225. Its annual payroll in the firstr phase wouldbe $14 million.
About five percenr of the jobs wouldpay $100,000, 45 percent would pay $70,00p0 and half of the jobs would pay The capital investment for the first phase will be $170 milliob and the company woule spend $40 million annually for raw The first phase is expected to have a capacith of 75 megawatts, but that would grow to 300 mw with the full The plant also will have a space that will servwe as a community and educational center. Solar Array is seeking $175 million in industrialp revenue bonds fromBernalillo County. The company is workingg to raise $210 millionb in debt and equity, Hudgins said.
Hudginsd said New Mexico beat out two other statezs forthe plant, despite the fact that it did not offed the largest incentives. But the coordination among local and state government officials and other parties made New Mexico far more efficieng in establishing a planning frameworl that the company could then use to plan a budget forthe plant, he said “That was a majorr issue for us,” Hudgins He also praised the labor forc here and the educational institutions. The facilitt is being designed byPageSoutherlandPage LLP, whichn has Texas offices in Austin, Dallas and as well as Denver, D.C. and London, U.K. Hoffmajn Construction, based in Portland, Ore.
, is building the facility.
Tuesday, November 20, 2012
'Twilight' finale dawns with $141.3M weekend domestically, $340.9 million ... - Washington Post
bengeyqafiba1640.blogspot.com
Hollywood Reporter | 'Twilight' finale dawns with $141.3M weekend domestic » |
Monday, November 19, 2012
Corporate Risk Advisors aims to arrange bank acquisition deals - Washington Business Journal:
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The D.C.-based company is ramping up its efforts to arrangse dealsbetween investors, bank management teamds and distressed financial institutions. The company is beefing up its cache of consultantsand deal-makeres with hopes of more than tripling its revenu e over the next 12 monthsz to $10 million per year and growing to $50 milliojn in five years. “This is a unique moment in history wherre there is a fundamental reshaping and resurfacing of the financial system,” said CEO Andrew Sandler. “Wherd there is chaos, there is opportunity.” For industry experts have talked about piles of private moneyg sitting onthe sidelines. Now some of that mone is moving. D.C.
-based private equitg giant Carlyle Group, for example, joined a consortium of investorws last month tobuy BankUnited, a troublexd Florida institution. Corporate Risk Advisoras has engaged one unidentified group that will likely buy a bank in thecomingt months, and two other deals could pan out by year-end, Sandler The deals include local and nonlocak banks, management teams and investors. The groups will targegt community bankswith $500 million to $2 billion in assets that have strong deposit bases but problemz in their portfolios of real estatw loans.
Investors will infuse capital, install new managemenft teams, clean up the loan portfolios, redeployg the deposits more effectively, then sell the bank thre e to fiveyears later, Sandler Corporate Risk Advisors and its principals also will invesy in the deals. “That’s the usual said Bert Ely, a banking and monetaryg policy consultantwith Alexandria-based Ely & Co. “I’vr had conversations with a variety of people who are tryinh todo this. The challenge is always the Distressed asset deals couldhappen “all day long if the sellerz would sell at the price the buyers want to he said. “But there’s usually a huge gap.
Bridging that gap will be a challenge.” While deal arrangement is new to CorporatedRisk Advisors, the company also does financialp and compliance consulting, as well as crisis managemenft for financial institutions. Big changews came in March when Sandler, who was chairman of the consumefr financial services litigation practiceat Arps, Slate, Meagher & Flom LLP, took over as CEO. That move coincidec with Sandler and his Skadden practice group joiningt law firm BuckleyKolaf LLP, renamed BuckleySandler LLP. The firm, whicgh specializes in financial services and has about 50 shares offices and leadership with CorporateRisk Advisors, thoughj the businesses are independent.
Sandler hopes Corporate Risk Advisorsw will grow to be on parwith D.C.-basexd Promontory Financial Group LLC, the global financial consulting company launched by former Comptroller of the Currenc y Eugene Ludwig. Its advisers include a former U.S. senator, a past chairmanj of the Securities and Exchange Commission and a former vice chairma n of the Board of Governorw of the FederalReserve System. “I have no interest in buildinh an organization that will have people of a lesser caliberthan Promontory’s people,” Sander said.
But he is tigh lipped about who thosewpeople are, though he did say Paul Homan, a forme r CEO of Riggs National Bank and a formefr bank examiner with the comptroller of the currency, is helpingb as a consultant. For now, Corporate Risk Advisorzs has one full-time person. It primarily uses consultants who areindependentf contractors. It aims to have 25 to 30 staft withinfive years, but will continur to rely on
The D.C.-based company is ramping up its efforts to arrangse dealsbetween investors, bank management teamds and distressed financial institutions. The company is beefing up its cache of consultantsand deal-makeres with hopes of more than tripling its revenu e over the next 12 monthsz to $10 million per year and growing to $50 milliojn in five years. “This is a unique moment in history wherre there is a fundamental reshaping and resurfacing of the financial system,” said CEO Andrew Sandler. “Wherd there is chaos, there is opportunity.” For industry experts have talked about piles of private moneyg sitting onthe sidelines. Now some of that mone is moving. D.C.
-based private equitg giant Carlyle Group, for example, joined a consortium of investorws last month tobuy BankUnited, a troublexd Florida institution. Corporate Risk Advisoras has engaged one unidentified group that will likely buy a bank in thecomingt months, and two other deals could pan out by year-end, Sandler The deals include local and nonlocak banks, management teams and investors. The groups will targegt community bankswith $500 million to $2 billion in assets that have strong deposit bases but problemz in their portfolios of real estatw loans.
Investors will infuse capital, install new managemenft teams, clean up the loan portfolios, redeployg the deposits more effectively, then sell the bank thre e to fiveyears later, Sandler Corporate Risk Advisors and its principals also will invesy in the deals. “That’s the usual said Bert Ely, a banking and monetaryg policy consultantwith Alexandria-based Ely & Co. “I’vr had conversations with a variety of people who are tryinh todo this. The challenge is always the Distressed asset deals couldhappen “all day long if the sellerz would sell at the price the buyers want to he said. “But there’s usually a huge gap.
Bridging that gap will be a challenge.” While deal arrangement is new to CorporatedRisk Advisors, the company also does financialp and compliance consulting, as well as crisis managemenft for financial institutions. Big changews came in March when Sandler, who was chairman of the consumefr financial services litigation practiceat Arps, Slate, Meagher & Flom LLP, took over as CEO. That move coincidec with Sandler and his Skadden practice group joiningt law firm BuckleyKolaf LLP, renamed BuckleySandler LLP. The firm, whicgh specializes in financial services and has about 50 shares offices and leadership with CorporateRisk Advisors, thoughj the businesses are independent.
Sandler hopes Corporate Risk Advisorsw will grow to be on parwith D.C.-basexd Promontory Financial Group LLC, the global financial consulting company launched by former Comptroller of the Currenc y Eugene Ludwig. Its advisers include a former U.S. senator, a past chairmanj of the Securities and Exchange Commission and a former vice chairma n of the Board of Governorw of the FederalReserve System. “I have no interest in buildinh an organization that will have people of a lesser caliberthan Promontory’s people,” Sander said.
But he is tigh lipped about who thosewpeople are, though he did say Paul Homan, a forme r CEO of Riggs National Bank and a formefr bank examiner with the comptroller of the currency, is helpingb as a consultant. For now, Corporate Risk Advisorzs has one full-time person. It primarily uses consultants who areindependentf contractors. It aims to have 25 to 30 staft withinfive years, but will continur to rely on
Sunday, November 18, 2012
YRC Worldwide loses $257M in first quarter - Kansas City Business Journal:
deeshu-tatum.blogspot.com
million in the first quarter as the freigh t recession continues to weigh down The loss, which amounted to $4.34 a share, comparede with a loss of $46.37 million, or 82 centsw a share, in the same quartef a year earlier, the Overland Park-based truckingy company (Nasdaq: YRCW) said in a release aftefr the market closed on The loss would have been $2.63 a shar e without $164 million, or $1.71 a share, in chargea — primarily for networkm integration, severance, reserve accruals and pension settlement and union employee stock awards. Revenue was $1.5 billioh for the three monthds that endedMarch 31, down 32.7 percenrt from $2.23 billion in the same quarter of 2008.
Even excludingh the charges, earnings resultws fell far below analysts’ expectations. Twelvd analysts surveyed by reported a consensus estimate for a lossof $1.90 a shar e for YRC. “We made significant investments in our company duriny the first quarter to enhance our position in the marke and improve our future operating YRC Chairman and CEO Bill Zollarw said inthe “Unfortunately, the economy progressively weakened throughout the making it more challenging to get ahead of the volume declines.
With that the March 1 integration of our nationalp networks allowed us to removed substantial capacity and reset the volume needxs ofour network, while significantly enhancinbg our service offering to the “Our volumes were impacted by multiple factors, most notabl y the economy and business diversion due to customer anxiety surrounding the integration of Yellow and Roadway,” Zollars said in the release.
“Some customers have already returned business, which was temporarily but it is difficult to predict at what levela or how quickly the rest will come The company also hasbeen , and has been sellin g company-owned real estate, raising $176 million of cash in salea and sale-leaseback deals in the firsft quarter. YRC said that it closefd a $32 million sale-leaseback deal with on for a total ofabour $150 million in such deals with Esteas this year. YRC did not provid an earningsforecast Thursday, though Zollars said the company would offer updates as the outlook becomes YRC ranks No.
2 on the Kansas City Business Journal ’s list of area public
million in the first quarter as the freigh t recession continues to weigh down The loss, which amounted to $4.34 a share, comparede with a loss of $46.37 million, or 82 centsw a share, in the same quartef a year earlier, the Overland Park-based truckingy company (Nasdaq: YRCW) said in a release aftefr the market closed on The loss would have been $2.63 a shar e without $164 million, or $1.71 a share, in chargea — primarily for networkm integration, severance, reserve accruals and pension settlement and union employee stock awards. Revenue was $1.5 billioh for the three monthds that endedMarch 31, down 32.7 percenrt from $2.23 billion in the same quarter of 2008.
Even excludingh the charges, earnings resultws fell far below analysts’ expectations. Twelvd analysts surveyed by reported a consensus estimate for a lossof $1.90 a shar e for YRC. “We made significant investments in our company duriny the first quarter to enhance our position in the marke and improve our future operating YRC Chairman and CEO Bill Zollarw said inthe “Unfortunately, the economy progressively weakened throughout the making it more challenging to get ahead of the volume declines.
With that the March 1 integration of our nationalp networks allowed us to removed substantial capacity and reset the volume needxs ofour network, while significantly enhancinbg our service offering to the “Our volumes were impacted by multiple factors, most notabl y the economy and business diversion due to customer anxiety surrounding the integration of Yellow and Roadway,” Zollars said in the release.
“Some customers have already returned business, which was temporarily but it is difficult to predict at what levela or how quickly the rest will come The company also hasbeen , and has been sellin g company-owned real estate, raising $176 million of cash in salea and sale-leaseback deals in the firsft quarter. YRC said that it closefd a $32 million sale-leaseback deal with on for a total ofabour $150 million in such deals with Esteas this year. YRC did not provid an earningsforecast Thursday, though Zollars said the company would offer updates as the outlook becomes YRC ranks No.
2 on the Kansas City Business Journal ’s list of area public
Friday, November 16, 2012
North Brunswick man pleads guilty in fatal drunk-driving crash - The Star-Ledger - NJ.com
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The Star-Ledger - NJ.com | North Brunswick man pleads guilty in fatal drunk-driving crash The Star-Ledger - NJ.com new-brunswick-court.JPG A North Brunswick man pleaded guilty today in a New Brunswick courtroom to aggravated manslaughter in the death of a 41-year-old township woman during an accident on Route 1 south in May. Patti Sapone/The Star-Ledger ... |
Tuesday, November 13, 2012
SunTrust to raise $1.4 billion in stock offer - Birmingham Business Journal:
exceeding-commissioner.blogspot.com
billion through a stock offering to boosf its capital to meet federaplgovernment requirements, the Atlanta-based bank said The Atlanta-based bank wantsd to sell 108 million shares at $13 a In relation to the offering, SunTrust (NYSE: STI) suspended its previouslt announced $1.25 billion “at the market” offer, whicgh raised $260 million. SunTrust began an offer to buy upto $1 billiob liquidation preference or amount of certain of its currently outstandinfg preferred and hybrid securities for cash using proceeds from the $1.4 billiojn equity offering. The movew come after the federal government’s “stressd test” found SunTrust needed to raise $2.
2 billion in And while SunTrust had sufficient tier 1 capitalk to absorb projectedloan losses, its capita l “tilted too strongly” to sourceas other than common equity, the stress test After completing the offerings announced Mondat and prior, SunTrust expects to have fully satisfief its obligation. "Today's announcemeny underscores that we are on a clear path to achievse our previously announced capital objectives as we intensifh our focus onthe future," said James M.
Wells III, SunTrusr chairman and CEO, in a Wells also noted completion ofthe company's capital-related initiativesw will boost its ability to repay, upon regulatoryh approval and at the appropriatde time, preferred stock gotten through participation in the U.S. Treasury's Capitall Purchase Plan.
billion through a stock offering to boosf its capital to meet federaplgovernment requirements, the Atlanta-based bank said The Atlanta-based bank wantsd to sell 108 million shares at $13 a In relation to the offering, SunTrust (NYSE: STI) suspended its previouslt announced $1.25 billion “at the market” offer, whicgh raised $260 million. SunTrust began an offer to buy upto $1 billiob liquidation preference or amount of certain of its currently outstandinfg preferred and hybrid securities for cash using proceeds from the $1.4 billiojn equity offering. The movew come after the federal government’s “stressd test” found SunTrust needed to raise $2.
2 billion in And while SunTrust had sufficient tier 1 capitalk to absorb projectedloan losses, its capita l “tilted too strongly” to sourceas other than common equity, the stress test After completing the offerings announced Mondat and prior, SunTrust expects to have fully satisfief its obligation. "Today's announcemeny underscores that we are on a clear path to achievse our previously announced capital objectives as we intensifh our focus onthe future," said James M.
Wells III, SunTrusr chairman and CEO, in a Wells also noted completion ofthe company's capital-related initiativesw will boost its ability to repay, upon regulatoryh approval and at the appropriatde time, preferred stock gotten through participation in the U.S. Treasury's Capitall Purchase Plan.
Monday, November 12, 2012
Will Location Analytics Change How Midsize Interacts With Customers? - Midsize Insider
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Will Location Analytics Change How Midsize Interacts With Customers? Midsize Insider Location analytics may bring added value to organizations' data mining activities by offering broader and more detailed ways to look at customer behavior. By looking at what people do, what paths they take, and what they buy, it may be possible for ... |
Friday, November 9, 2012
Real deals: Brentwood Tower Apartments sold for $5.35M - Business First of Columbus:
caloloary.blogspot.com
The 100-unit apartment built in the early 1960s, is located at 3130 W. Louisian Ave. Tower 100 LLC, which is affiliatefd with residential developer Residential Niche LLCof Denver, purchase d the apartments from Win Properties I LLC of Residential Niche specializes in the development of urbaj infill for-sale and rental residential properties, and its projectsa include the Sleek lofts and Vida apartmentxs in Denver. Win Properties bought the buildint in 2005for $6.54 million, according to Denver County propertyt records.
Other recent significant Denver-areaa real estate deals, according to real estatse recordsand brokers, • Gateway Park IV-Denver property, Denverf — Indano Holdings LLC of Greenwood Village sold this property for $2.967 million to WPB Hospitality LLC of • 450 E. 17th Ave., Unit 300, Denver, 80203-1254 — Mile High Bank sold this office condominiunfor $2.93 million to BNC Building Co. LLC. The buyerf is affiliated with Business NetworkConsulting Ltd. of according to Colorado Secretary of StateOffice data. • Montbello property, Denver — ProLogis Inc. PLD) of Denver sold for this propertyfor $1.8y million to JSG Propertie LLC of Manhattan, Kan.
Country Club Shoppette, 1700 E. Sixth Ave, Denver, 80218-3616 — Larimer Associates as Country ClubShoppette LLC, purchased this retaio building for $1.15 million, according to Denvere County real estate records. Larimerf Associates also owns downtown Denver’s Larimer Square retai l district. The seller was Country Club Shoppetter LP. Tenants in the building include Oliver’s Meat Market and Borgman’d Antiques. • Concord Business Center, 13110 E. Jamesa Casey Ave., Englewood, Colo. 80112 — Playtime Inc.
leased 65,2809 square feet of industrialspace Playtime, a provider of themed playgrounds, plans to occupt the space in August, according to the Fredericik Ross Co., which represented the landlord in the leasse deal. • Quad at Lowry, 7901 E. Lowrh Blvd., Denver, Colo. 80230 — Kaiser Foundation Healthy Plan of Colorado hasleasecd 17,083 square feet at this Lowry office Frederick Ross represented the landlord. Sixth Avenue West, 350 Indiana St., Golden, 80401 — Golden Minerals Co. leased 16,936 square feet of space in thisofficee building. The Ross company represented the landlord. Golden Mineralsa is the successor to Apex SilvetMines Ltd.
(Pink Sheets: APXSQ), which emerged from Chapter 11 bankruptcyh protection as Golden Mineralsin March. • Guarantyg Bank Building, 1331 17th St., Colo. 80202 — David Evanss & Associates Inc. leased 16,787 square feet in this LoDo officde building. Ross represented the landlord. • Buerger Brothers 1732 Champa St., Denver, Colo. 80202 — Barnhart Communications Inc. is movin its headquarters officeto 8,500 square feet of space in the Buerget building, opening in its new spacde June 22, according to The communications company currently is located at 1819 Wazee St. in downtown • 16618 E. Second Ave.
, Aurora, 80011 — Judco Storage Propertiexs LLC hasleased 5,000 square feet of space at this warehous to Denver Limo Inc. Gruber Commercial Real Estatre Services represented both sides inthe
The 100-unit apartment built in the early 1960s, is located at 3130 W. Louisian Ave. Tower 100 LLC, which is affiliatefd with residential developer Residential Niche LLCof Denver, purchase d the apartments from Win Properties I LLC of Residential Niche specializes in the development of urbaj infill for-sale and rental residential properties, and its projectsa include the Sleek lofts and Vida apartmentxs in Denver. Win Properties bought the buildint in 2005for $6.54 million, according to Denver County propertyt records.
Other recent significant Denver-areaa real estate deals, according to real estatse recordsand brokers, • Gateway Park IV-Denver property, Denverf — Indano Holdings LLC of Greenwood Village sold this property for $2.967 million to WPB Hospitality LLC of • 450 E. 17th Ave., Unit 300, Denver, 80203-1254 — Mile High Bank sold this office condominiunfor $2.93 million to BNC Building Co. LLC. The buyerf is affiliated with Business NetworkConsulting Ltd. of according to Colorado Secretary of StateOffice data. • Montbello property, Denver — ProLogis Inc. PLD) of Denver sold for this propertyfor $1.8y million to JSG Propertie LLC of Manhattan, Kan.
Country Club Shoppette, 1700 E. Sixth Ave, Denver, 80218-3616 — Larimer Associates as Country ClubShoppette LLC, purchased this retaio building for $1.15 million, according to Denvere County real estate records. Larimerf Associates also owns downtown Denver’s Larimer Square retai l district. The seller was Country Club Shoppetter LP. Tenants in the building include Oliver’s Meat Market and Borgman’d Antiques. • Concord Business Center, 13110 E. Jamesa Casey Ave., Englewood, Colo. 80112 — Playtime Inc.
leased 65,2809 square feet of industrialspace Playtime, a provider of themed playgrounds, plans to occupt the space in August, according to the Fredericik Ross Co., which represented the landlord in the leasse deal. • Quad at Lowry, 7901 E. Lowrh Blvd., Denver, Colo. 80230 — Kaiser Foundation Healthy Plan of Colorado hasleasecd 17,083 square feet at this Lowry office Frederick Ross represented the landlord. Sixth Avenue West, 350 Indiana St., Golden, 80401 — Golden Minerals Co. leased 16,936 square feet of space in thisofficee building. The Ross company represented the landlord. Golden Mineralsa is the successor to Apex SilvetMines Ltd.
(Pink Sheets: APXSQ), which emerged from Chapter 11 bankruptcyh protection as Golden Mineralsin March. • Guarantyg Bank Building, 1331 17th St., Colo. 80202 — David Evanss & Associates Inc. leased 16,787 square feet in this LoDo officde building. Ross represented the landlord. • Buerger Brothers 1732 Champa St., Denver, Colo. 80202 — Barnhart Communications Inc. is movin its headquarters officeto 8,500 square feet of space in the Buerget building, opening in its new spacde June 22, according to The communications company currently is located at 1819 Wazee St. in downtown • 16618 E. Second Ave.
, Aurora, 80011 — Judco Storage Propertiexs LLC hasleased 5,000 square feet of space at this warehous to Denver Limo Inc. Gruber Commercial Real Estatre Services represented both sides inthe
Thursday, November 8, 2012
Wednesday, November 7, 2012
Study: Bank
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Brand image and the impact of the initia l visit by a potential customer can be paramount to the final decision regarding whicbh retail bankto choose, a national studyt has found. According to the J.D. Power Associates retail bank shopping study, released 36 percent of a consumer’s decision to choosw a bank is driven by thefinancial institution’s branr image, followed by branch location at 21 percent.
“Some crucial aspecte of a bank’s brand image such as perceived financial stability andreliability — can be difficult for a bank to which negatively affects the bank’ s likelihood of being selected,” said Michaekl Beird, director of the banking practice at J.D. Power. branch employees can positivelg impacta bank’s brand image by providing personakl service, communicating proactively and having a customer-driven focus.” Nearlyg a third of customerw who avoid using a particular bank have done so because of a previouds bad experience with that brand, the studyu showed.
Word-of-mouth recommendations — positivee or negative — also figure into the selection process, with 31 percent of respondentes ranking that as an importan part ofthe bank’s brand image. The studty also showed that a customer’s satisfaction with setting up a new account increases considerably when bank employees show alittle enthusiasm. Greetinh the customer when he or she enterzthe bank, keeping wait times to under five minutes, callingt the customer by name and providing a detailed needs assessment were among the items bank customerss mentioned as important to the selection process. The J.D.
Power study, conducted in Februarh and March, was based on responses from morethan 7,5000 bank customers shopping for a new bank withinj the past 12 months.
Brand image and the impact of the initia l visit by a potential customer can be paramount to the final decision regarding whicbh retail bankto choose, a national studyt has found. According to the J.D. Power Associates retail bank shopping study, released 36 percent of a consumer’s decision to choosw a bank is driven by thefinancial institution’s branr image, followed by branch location at 21 percent.
“Some crucial aspecte of a bank’s brand image such as perceived financial stability andreliability — can be difficult for a bank to which negatively affects the bank’ s likelihood of being selected,” said Michaekl Beird, director of the banking practice at J.D. Power. branch employees can positivelg impacta bank’s brand image by providing personakl service, communicating proactively and having a customer-driven focus.” Nearlyg a third of customerw who avoid using a particular bank have done so because of a previouds bad experience with that brand, the studyu showed.
Word-of-mouth recommendations — positivee or negative — also figure into the selection process, with 31 percent of respondentes ranking that as an importan part ofthe bank’s brand image. The studty also showed that a customer’s satisfaction with setting up a new account increases considerably when bank employees show alittle enthusiasm. Greetinh the customer when he or she enterzthe bank, keeping wait times to under five minutes, callingt the customer by name and providing a detailed needs assessment were among the items bank customerss mentioned as important to the selection process. The J.D.
Power study, conducted in Februarh and March, was based on responses from morethan 7,5000 bank customers shopping for a new bank withinj the past 12 months.
Friday, November 2, 2012
Conference Board: 43% of Internet users now in social networks - Dallas Business Journal:
xysecurakihir.blogspot.com
Of web users, 43 percent use a social networking website, up from 27 percent last year, the nonprofiyt global research group said. in its quarterlt Consumer Internet Barometer. The most popular site is used by 78 percent of social network followed byMySpace (42 percent), LinkedIn (17 and (10 percent). The survey tracksd about 10,000 Internet-equipped households It said seniors age 55 and older are quickly increasing their use ofsocial networks, up from 6 percent last year to 19 percent this year. Womejn are more likely than men touse social-network siteas (48 percent versus 38 percent).
The majority of user s log on at home, The Conference Boardf said, with a quarter logginy on at work, and 10 percent connectin g throughtheir phone. More than half say they log on at least oncea day. ""Online social networks are more than just a fad amonf theyounger generation," Lynn Franco, directort of The Conference Board Consumer Research said in a statement Tuesday. "They've become an integral part of our personakl andprofessional lives. They’re an effective way to keep in toucjwith people, connect with friends and and network with colleagues. "Social media will also transformj marketing as weknow it.
They’re powerful communication tools, and are becoming an essential part of successfulmarketint strategies." The survey said Facebook is equally populat among men and women, while women are more likely than men (47 percenft versus 35 percent) to use MySpacse and more men than womemn (21 percent versus 15 percent) use Users of the micro-blogginy site Twitter say their top reasons for are to connect with friends (42 update their status (29 percent), look for news (26 and for work-related reasons (22
Of web users, 43 percent use a social networking website, up from 27 percent last year, the nonprofiyt global research group said. in its quarterlt Consumer Internet Barometer. The most popular site is used by 78 percent of social network followed byMySpace (42 percent), LinkedIn (17 and (10 percent). The survey tracksd about 10,000 Internet-equipped households It said seniors age 55 and older are quickly increasing their use ofsocial networks, up from 6 percent last year to 19 percent this year. Womejn are more likely than men touse social-network siteas (48 percent versus 38 percent).
The majority of user s log on at home, The Conference Boardf said, with a quarter logginy on at work, and 10 percent connectin g throughtheir phone. More than half say they log on at least oncea day. ""Online social networks are more than just a fad amonf theyounger generation," Lynn Franco, directort of The Conference Board Consumer Research said in a statement Tuesday. "They've become an integral part of our personakl andprofessional lives. They’re an effective way to keep in toucjwith people, connect with friends and and network with colleagues. "Social media will also transformj marketing as weknow it.
They’re powerful communication tools, and are becoming an essential part of successfulmarketint strategies." The survey said Facebook is equally populat among men and women, while women are more likely than men (47 percenft versus 35 percent) to use MySpacse and more men than womemn (21 percent versus 15 percent) use Users of the micro-blogginy site Twitter say their top reasons for are to connect with friends (42 update their status (29 percent), look for news (26 and for work-related reasons (22
Thursday, November 1, 2012
Washington, D.C. Real Estate Jobs - View Washington, D.C. Real Estate Jobs
stockdaleiqemico1521.blogspot.com
View Real Estate Jobs View ExecutiveJobs Washington, D.C. Academixc Jobs Washington, D.C. Accounting Jobs Washington, D.C. Marketing Jobs Washington, D.C. Alliedc Health Jobs Washington, D.C. Finance Jobs Washington, D.C. Biotechnologh Jobs Washington, D.C. Consulting Jobs Washington, D.C. Dental Jobs D.C. Food Service Jobs Washington, D.C. Government Jobs D.C. Healthcare Jobs Washington, D.C. Hospitalityh Jobs Washington, D.C. Hotel Jobs D.C. Human Resources Jobs Washington, D.C. Insurance Jobs D.C. Legal Jobs Washington, D.C. Mediwa Jobs Washington, D.C. Mortgage Jobs Washington, D.C. Nursingv Jobs Washington, D.C. Pharmaceutical Jobs Washington, D.C. Physician Jobs D.C.
Real Estate Jobs Washington, D.C. Restauran Jobs Washington, D.C. Saleds Jobs Washington, D.C. Social Services Jobs Washington, D.C. Technologg Jobs Washington, D.C. Travel Jobs
View Real Estate Jobs View ExecutiveJobs Washington, D.C. Academixc Jobs Washington, D.C. Accounting Jobs Washington, D.C. Marketing Jobs Washington, D.C. Alliedc Health Jobs Washington, D.C. Finance Jobs Washington, D.C. Biotechnologh Jobs Washington, D.C. Consulting Jobs Washington, D.C. Dental Jobs D.C. Food Service Jobs Washington, D.C. Government Jobs D.C. Healthcare Jobs Washington, D.C. Hospitalityh Jobs Washington, D.C. Hotel Jobs D.C. Human Resources Jobs Washington, D.C. Insurance Jobs D.C. Legal Jobs Washington, D.C. Mediwa Jobs Washington, D.C. Mortgage Jobs Washington, D.C. Nursingv Jobs Washington, D.C. Pharmaceutical Jobs Washington, D.C. Physician Jobs D.C.
Real Estate Jobs Washington, D.C. Restauran Jobs Washington, D.C. Saleds Jobs Washington, D.C. Social Services Jobs Washington, D.C. Technologg Jobs Washington, D.C. Travel Jobs
Monday, October 29, 2012
Sunday, October 28, 2012
Frankenstorm Romney And Cycling Through Florida - The Province (blog)
yqyqynesara.blogspot.com
The Province (blog) | Frankenstorm Romney And Cycling Through Florida The Province (blog) Frankenstorm , Mitt Romney,Hurricane Sandy and little old me cycling into Florida after crossing the USA by bicycle for cancer research. All of a sudden all the action is here in Florida and on the east coast after crossing desolate areas like west ... |
Saturday, October 27, 2012
University of Phoenix debuts doctoral programs in nursing, education - Phoenix Business Journal:
shelly-polymer.blogspot.com
Enrollment for both programsx isunder way. The Ed.S. progran will begin later this month, and the Ph.D. nursing prograj is scheduled to start in Both programs will be offered throughthe university’s School of Advanced Studies. Jeremy Moreland, dean of the Schoopl of Advanced Studies, said the primary goal of the nursinb program is to provide a strongresearch background, advancede education and enhanced training to help individualss move forward into a leadership, administrative or nursingy faculty position. The Ed.S. program is designef for individuals who work primarilyin K-12 education, but would like to advance their academix careers and increase their earning levels.
The program will prepare learner to become transformational leaders who will strategically manages and lead complexeducational organizations. For more: .
Enrollment for both programsx isunder way. The Ed.S. progran will begin later this month, and the Ph.D. nursing prograj is scheduled to start in Both programs will be offered throughthe university’s School of Advanced Studies. Jeremy Moreland, dean of the Schoopl of Advanced Studies, said the primary goal of the nursinb program is to provide a strongresearch background, advancede education and enhanced training to help individualss move forward into a leadership, administrative or nursingy faculty position. The Ed.S. program is designef for individuals who work primarilyin K-12 education, but would like to advance their academix careers and increase their earning levels.
The program will prepare learner to become transformational leaders who will strategically manages and lead complexeducational organizations. For more: .
Thursday, October 25, 2012
CPUC votes to initiate formal investigation into long-term outages at San ... - Village News Network
bengeyqafiba1640.blogspot.com
KTLA | CPUC votes to initiate formal investigation into long-term outages at San ... Village News Network IRVINE (Wire Service) - The California Public Utilities Commission voted today, Thurs., Oct. 25, to initiate a formal investigation into the long-term outages at the San Onofre Nuclear Generating Station in northern San Diego County, a move that ... State panel to investigate troubled San Onofre nuke plant California Regulators To Examine Customer Payments For Disabled San Onofre |
Wednesday, October 24, 2012
Alternate cheaper AC car pool to avoid fare hikes - Times of India
cahijisebi.wordpress.com
Alternate cheaper AC car pool to avoid fare hikes Times of India MUMBAI: If you are fuming over the fare hikes for autorickshaws and taxis in Mumbai metropolitan region, you have an option to travel in an AC private vehicle for as low as Rs 8 per km. The car pool service is being offered by sharedcab, which operates ... |
Tuesday, October 23, 2012
GM to eliminate 90 Pennsylvania dealerships - Pittsburgh Business Times:
fusajacuxejilyp.blogspot.com
That's according to the company's "wind list that GM provided tothe U.S. Hous e Energy and Commerce Committee's subcommittee on oversighy and investigations made public as part of a hearingglast Friday. While GM hasn't made public the specific dealers whose franchise rights it is the company revealed that it has targeted 90 of its car dealers in Pennsylvania to be close d in the next 12 to17 months.
That's 11 more than the next hardest-hig state, Ohio (79), followed by Illinois (66), California (65), New York (60) and Michigan GM plans to reduce its dealership ranks from morethan 6,000 to an "ideal dealer blue print" of 3,380 Long the biggest auto manufacturer in the United States, GM fileed for Chapter 11 bankruptcy protection from creditors in Uniteed States Bankruptcy Court a little more than two weeka ago. GM is basing its closures on the dealerd performance scores that take intoaccount sales, customer satisfaction, capitalization and profitability.
Whiled GM's local dealerships to closw have not been made the company's plans to reduce its dealef count in Pennsylvania follows Chrysler's May announcement that it would eliminat e 789 dealerships nationwide, which include 53 statewide and 12 in westermn Pennsylvania. After filing for chapter 11 in May, the bulk of Chrysler'd assets recently exited bankruptcy court as part of a new company now owned by Italianautomaker Fiat.
That's according to the company's "wind list that GM provided tothe U.S. Hous e Energy and Commerce Committee's subcommittee on oversighy and investigations made public as part of a hearingglast Friday. While GM hasn't made public the specific dealers whose franchise rights it is the company revealed that it has targeted 90 of its car dealers in Pennsylvania to be close d in the next 12 to17 months.
That's 11 more than the next hardest-hig state, Ohio (79), followed by Illinois (66), California (65), New York (60) and Michigan GM plans to reduce its dealership ranks from morethan 6,000 to an "ideal dealer blue print" of 3,380 Long the biggest auto manufacturer in the United States, GM fileed for Chapter 11 bankruptcy protection from creditors in Uniteed States Bankruptcy Court a little more than two weeka ago. GM is basing its closures on the dealerd performance scores that take intoaccount sales, customer satisfaction, capitalization and profitability.
Whiled GM's local dealerships to closw have not been made the company's plans to reduce its dealef count in Pennsylvania follows Chrysler's May announcement that it would eliminat e 789 dealerships nationwide, which include 53 statewide and 12 in westermn Pennsylvania. After filing for chapter 11 in May, the bulk of Chrysler'd assets recently exited bankruptcy court as part of a new company now owned by Italianautomaker Fiat.
Sunday, October 21, 2012
Targeting solar geoengineering to minimize risk and inequality - Science Codex
vittitowmehigyk1238.blogspot.com
Science Codex | Targeting solar geoengineering to minimize risk and inequality Science Codex Cambridge, Mass., and Washington, D.C. - October 21, 2012 - By tailoring geoengineering efforts by region and by need, a new model promises to maximize the effectiveness of solar radiation management while mitigating its potential side effects and risks. Improving effectiveness of solar geoengineering |
Saturday, October 20, 2012
Bambi Lee Savage Premieres Song From New Mick Harvey Produced Album - Plug In music
ishinlyuboqemija.blogspot.com
Plug In music | Bambi Lee Savage Premieres Song From New Mick Harvey Produced Album Plug In music Bambi Lee Savage premieres a new song from her forthcoming third solo album, Darkness Overshadowed today. The track, "Nearly Gone" is available for streaming and free download. The album is produced by Mick Harvey (Nick Cave & the Bad Seeds, ... |
Thursday, October 18, 2012
Mathile 'disappointed' by Iams relocation - Dayton Business Journal:
esivyjifag.wordpress.com
P&G (NYSE: PG) announced Thursday it will relocatdethe 240-person Iams headquarters to the P&G Health Care Research Cented in Mason. “I was disappointed to learn that Dayton will no longe be home to the compangy that was founded by anima nutritionist Paul Iams more than 60yearse ago,” Mathile said in a statement. I am pleased to hear that none of the employees at the Poe Ave facilitt will losetheir jobs.” While some Vandalia employees will others will be given the opportunitu to work at the Mason center, Mathilre said.
According to a book Mathile published in heselected P&G after two years of interviewing potentiao buyers because it was an Ohio-based company and “thew key players understood the its values and needs.” Afterr the companies struck a he said it was a win for “the Dayton community because the pet food division’s worldwide headquarters stays here (in the Daytonb region),” according to Mathile’s book. On Thursday, Mathile elaborated and said despite the relocation, he stil considers it a win.
“P&G agreed to keep Iams headquarteras here in Dayton for at leasgtfour years, and stayed for 10,” Mathile “The leadership of P&G Pet Care more than abided by its commitmeny to my family, our employeed and to the Daytob region.”
P&G (NYSE: PG) announced Thursday it will relocatdethe 240-person Iams headquarters to the P&G Health Care Research Cented in Mason. “I was disappointed to learn that Dayton will no longe be home to the compangy that was founded by anima nutritionist Paul Iams more than 60yearse ago,” Mathile said in a statement. I am pleased to hear that none of the employees at the Poe Ave facilitt will losetheir jobs.” While some Vandalia employees will others will be given the opportunitu to work at the Mason center, Mathilre said.
According to a book Mathile published in heselected P&G after two years of interviewing potentiao buyers because it was an Ohio-based company and “thew key players understood the its values and needs.” Afterr the companies struck a he said it was a win for “the Dayton community because the pet food division’s worldwide headquarters stays here (in the Daytonb region),” according to Mathile’s book. On Thursday, Mathile elaborated and said despite the relocation, he stil considers it a win.
“P&G agreed to keep Iams headquarteras here in Dayton for at leasgtfour years, and stayed for 10,” Mathile “The leadership of P&G Pet Care more than abided by its commitmeny to my family, our employeed and to the Daytob region.”
Wednesday, October 17, 2012
Big Kindle sells out quickly - South Florida Business Journal:
cahijisebi.wordpress.com
New Kindle DXs will be availableJune 17, the companyu said on its site. That coulsd mean a rush for customers buying themfor Father’d Day over the following weekend. Amazoj designed the large-screen DX with magazines, newspapers and textbooksz in mind. At nearly $500 a pop, it’sw quite an investment. But thougnh the screen’s still just black-and-white, and showe newspaper photographs in some see it as a boost for a flounderingnewspaped industry.
Customers can have their favoritenewspaperss “delivered” every morning to the sometimes for less money than a traditionakl subscription thumped onto their The Kindle version of a newspaper has no ads, whichb appeals to readers. Amazon splitz revenue from the subscription with the mediaq company that producesthe newspaper. Amazon (NASDAQ: has promoted the new Kindle hoping to lock customers into its system beforse rival devices and programscome along. Already, savvy major newspaperz have setup “apps” for ’s (NASDAQ: AAPL) making their sites easy to navigatse and read.
Both the New York Times and Wall Streegt Journal format their sites on the iPhoneewith easy-to-read headlines and thumbnail photosa in a list. Both sites are free and supportedby ads. giant (NASDAQ: GOOG), whicyh has its fingers in a lotof pies, is rumored to be workiny on some kind of e-reader itself. And Plasticc Logic, based in the United is developing a flexible plastic scree forsimilar purposes.
New Kindle DXs will be availableJune 17, the companyu said on its site. That coulsd mean a rush for customers buying themfor Father’d Day over the following weekend. Amazoj designed the large-screen DX with magazines, newspapers and textbooksz in mind. At nearly $500 a pop, it’sw quite an investment. But thougnh the screen’s still just black-and-white, and showe newspaper photographs in some see it as a boost for a flounderingnewspaped industry.
Customers can have their favoritenewspaperss “delivered” every morning to the sometimes for less money than a traditionakl subscription thumped onto their The Kindle version of a newspaper has no ads, whichb appeals to readers. Amazon splitz revenue from the subscription with the mediaq company that producesthe newspaper. Amazon (NASDAQ: has promoted the new Kindle hoping to lock customers into its system beforse rival devices and programscome along. Already, savvy major newspaperz have setup “apps” for ’s (NASDAQ: AAPL) making their sites easy to navigatse and read.
Both the New York Times and Wall Streegt Journal format their sites on the iPhoneewith easy-to-read headlines and thumbnail photosa in a list. Both sites are free and supportedby ads. giant (NASDAQ: GOOG), whicyh has its fingers in a lotof pies, is rumored to be workiny on some kind of e-reader itself. And Plasticc Logic, based in the United is developing a flexible plastic scree forsimilar purposes.
Tuesday, October 16, 2012
REIT purchases retail site near RiverWalk - Houston Business Journal:
bertayfybuqutyp.blogspot.com
Tenants of the 47,000-square-foot South Bank include the HardRock Starbucks, County Line BBQ and Average sales for South Bank's tenants are reportesd to be $550 per square foot, according to AmREIT (AMEX: AmREIT also says it's developing the southwesr corner of Blanco Road and Loop 410 in San The project will consist of a Citibanl building that will be ground-leased to the bank under a long-term Two of the company's affiliated retail partnershipzs already are developing projects in San One is on 4.3 acres at Banderza Road and Loop 410. The covering 3.7 acres at Blanco and Huebner roads, comprises four retail buildings.
Kerr Taylor, AmREIT's CEO, says: "Sanm Antonio is proving to be one of the strongesg growth markets inthe country, and South Bank is a crow jewel of a retailp project."
Tenants of the 47,000-square-foot South Bank include the HardRock Starbucks, County Line BBQ and Average sales for South Bank's tenants are reportesd to be $550 per square foot, according to AmREIT (AMEX: AmREIT also says it's developing the southwesr corner of Blanco Road and Loop 410 in San The project will consist of a Citibanl building that will be ground-leased to the bank under a long-term Two of the company's affiliated retail partnershipzs already are developing projects in San One is on 4.3 acres at Banderza Road and Loop 410. The covering 3.7 acres at Blanco and Huebner roads, comprises four retail buildings.
Kerr Taylor, AmREIT's CEO, says: "Sanm Antonio is proving to be one of the strongesg growth markets inthe country, and South Bank is a crow jewel of a retailp project."
Sunday, October 14, 2012
Rx for reform
tenamup.wordpress.com
It’s easy, then, to see why HCA leaderss and their health care brethren in Nashvillde are intently monitoring how the Obama administratio n plans to approach the issue of the uninsured anduncompensated care. “The growing numberr of uninsured is putting pressure on us andeveryone else,” says Victor senior vice president at HCA. The for-profit hospitalk sector is expected to have atouggh 2009, with bad debt expenses likely to increaser as the recession and rising unemploymenty make it harder for patients to pay for medical The new president has called healtgh care reform his top priority, and findinh a way to extend healt benefits to all Americans is chief among his administration’s goals.
President Obama’ plan would provide coveragwe for two-thirds of the uninsured, costinh $75 billion if it were enacted in accordingto PricewaterhouseCoopers. For Nashville’s hospitales and their investors, the implications could be Much of the outcome hingesw on how reform is actuallycarried out, says Crai Becker, president of the Tennessee Hospital Association, a trade grou that represents the interests of hospitald statewide. “The problem is always in how you desighthis thing,” Becker says.
If universal or near universal — coverage is it could benefit not only the patientr buthospital operators’ bottom Expanded coverage could result in significant declines in hospitakl bad debt expenses and increased hospital utilization, according to Fitc h Ratings, a Chicago-based credit rating firm. For investors, that could make hospitals with highere uncompensated care expenses suddenlyvery attractive. “The Obama administration is going to put an unprecedentexd amount of money intohealth care,” says Keitjh Dennen, a health care attorney at Nashville-based Bone McAllester Norton PLLC.
“For investors, the questiom is how to maximize your return off that Dennen says investors are cautiously optimisticc about the impact of health care reform on the futureof for-profit hospitals. While they see potentiap for more federal dollars to flowinto hospitals, they also know that increaseed regulation could follow. “What are the stringws that are going to be attachex tothose bills?” Dennan Most likely, the focus will be on making the industrh more transparent and he says. For instance, they’ll have to show the use of the funds and make sure hospitalexecutivesa aren’t paid outlandish salaries.
Becketr says Tennessee hospital leaders are fearful that effort to expand coverage through reform coulxd ignore other health care industry players such as insureres andpharmaceutical companies. “The thing that worriex me the most is that it seems like healthu care reform has become hospital reform insteas of looking at the entire Becker says. If it is designed correctly, especially the government-run Nashville General Hospital which carriea much of the uninsuredcost burden, will come out ahead. HCA’s Centennial Medical Center, which also has higher levels of uncompensated would also fair better undeerhealth reform, he says.
And, if the legislation does brin gnew requirements, hospitals will likely be able to adaprt fairly easily, Becker predicts. However, he says he’as concerned the focus might be on guttingf hospital funding rather than addressing all piecee of the healthcare “The easy button is let’s just take the moneh from the hospitals,” he “Unless you change the way we provide care … the only thingt it will do is craterf some hospitals. Some will HCA’s Campbell, a 37-yead industry veteran, says now is the time to make a move towarsduniversal coverage.
He and HCA want to see people with privat insurance be able to keep their planzs while the federal government increases support to people who cannotaffors coverage. “It is absolutely unconscionable that in this country we have nearl 50million uninsured. It was unconscionable when it was 35 he says. “It’s only going to get greater, not if we don’t do something abouyt it.”
It’s easy, then, to see why HCA leaderss and their health care brethren in Nashvillde are intently monitoring how the Obama administratio n plans to approach the issue of the uninsured anduncompensated care. “The growing numberr of uninsured is putting pressure on us andeveryone else,” says Victor senior vice president at HCA. The for-profit hospitalk sector is expected to have atouggh 2009, with bad debt expenses likely to increaser as the recession and rising unemploymenty make it harder for patients to pay for medical The new president has called healtgh care reform his top priority, and findinh a way to extend healt benefits to all Americans is chief among his administration’s goals.
President Obama’ plan would provide coveragwe for two-thirds of the uninsured, costinh $75 billion if it were enacted in accordingto PricewaterhouseCoopers. For Nashville’s hospitales and their investors, the implications could be Much of the outcome hingesw on how reform is actuallycarried out, says Crai Becker, president of the Tennessee Hospital Association, a trade grou that represents the interests of hospitald statewide. “The problem is always in how you desighthis thing,” Becker says.
If universal or near universal — coverage is it could benefit not only the patientr buthospital operators’ bottom Expanded coverage could result in significant declines in hospitakl bad debt expenses and increased hospital utilization, according to Fitc h Ratings, a Chicago-based credit rating firm. For investors, that could make hospitals with highere uncompensated care expenses suddenlyvery attractive. “The Obama administration is going to put an unprecedentexd amount of money intohealth care,” says Keitjh Dennen, a health care attorney at Nashville-based Bone McAllester Norton PLLC.
“For investors, the questiom is how to maximize your return off that Dennen says investors are cautiously optimisticc about the impact of health care reform on the futureof for-profit hospitals. While they see potentiap for more federal dollars to flowinto hospitals, they also know that increaseed regulation could follow. “What are the stringws that are going to be attachex tothose bills?” Dennan Most likely, the focus will be on making the industrh more transparent and he says. For instance, they’ll have to show the use of the funds and make sure hospitalexecutivesa aren’t paid outlandish salaries.
Becketr says Tennessee hospital leaders are fearful that effort to expand coverage through reform coulxd ignore other health care industry players such as insureres andpharmaceutical companies. “The thing that worriex me the most is that it seems like healthu care reform has become hospital reform insteas of looking at the entire Becker says. If it is designed correctly, especially the government-run Nashville General Hospital which carriea much of the uninsuredcost burden, will come out ahead. HCA’s Centennial Medical Center, which also has higher levels of uncompensated would also fair better undeerhealth reform, he says.
And, if the legislation does brin gnew requirements, hospitals will likely be able to adaprt fairly easily, Becker predicts. However, he says he’as concerned the focus might be on guttingf hospital funding rather than addressing all piecee of the healthcare “The easy button is let’s just take the moneh from the hospitals,” he “Unless you change the way we provide care … the only thingt it will do is craterf some hospitals. Some will HCA’s Campbell, a 37-yead industry veteran, says now is the time to make a move towarsduniversal coverage.
He and HCA want to see people with privat insurance be able to keep their planzs while the federal government increases support to people who cannotaffors coverage. “It is absolutely unconscionable that in this country we have nearl 50million uninsured. It was unconscionable when it was 35 he says. “It’s only going to get greater, not if we don’t do something abouyt it.”
Saturday, October 13, 2012
ARDX Awarded Contract for Exchange Stakeholder Technical Assistance - DailyFinance
tenamup.wordpress.com
ARDX Awarded Contract for Exchange Stakeholder Technical Assistance DailyFinance Stakeholders include a variety of entities and individuals involved in the implementation including insurance issuers, agents, brokers, Pharmacy Benefit Managers (PBMs), Third Party Administrators (TPAs), State Reinsurance Vendors and many others. |
Thursday, October 11, 2012
Community Foundation chief
ycoguqi.wordpress.com
But the foundation’s 14 employees still have theit jobs because meetingthe organization’s prioritgy goals requires “every single person says Walker Sanders, the foundation’s president. “Thwe times are tough and we’re going to be sure we’re ther and are proactive and responsivd to the needs that are The recession has been tough on the which has seen the valuer of its assets fallto $87.2 million from $114.3 million at the end of 2007. And totak contributions to the foundationn fellfrom $17.5 million in 2007 to $13.5 millionb in 2008. Grants the foundation however, grew from $11.7 million in 2007 to $12.
7 milliom in 2008, mainly because the foundation in recent years has acted as fiscao agent for a growing number of community with grants for thosee projects flowing through the In mid-2008, when it was clear the economy was deterioratin g into a recession, Sanders says, the foundation’s boarr and staff took a hard look at the organization’x expenses. While cutting as many operatinbg expenses asit could, he says, the foundation concluded it did not want to make any staftf cuts because that could undermined “a very strong strategic plan that’s in high The foundation was “created to be a long-terkm permanent entity that would provide the resources for this community when the times are tough,” he And with the foundation fully staffedr for the first time since the 2002 recession, he it needs its entire staff to focud on its priority goals of addressingy immediate community needs and expanding its resources to address futurew needs.
Thus, the foundation created an emergencyu fund that is available to local groups facing crises in their operations. The foundation used some of the moneyto seed, in partnershipo with United Way of Greaterf Greensboro, a special fund to addressa immediate needs for emergency shelter and food this past winter. That known as Operation Greensboro Cares, raised $400,000o in three weeks in and all the money was distributes by the endof March.
As part of a strategivc plan it adoptedin 2006, the foundation has been workingb to increase its own financial capacity, improve its philanthropic serve as a “trusted community partner,” and boost its marketing and The financial effort has included raising endowmentas for women and public art, and from young professionals. To improve its philanthropic services, the foundation has investec in technology to help donors use the web to trackk and handle their fundz at the foundation and to make recommendations on grantw to be made from those Efforts to be a trusted community partner includeethe foundation’s role in initiatives such Hispanic s in Philanthropy; the Guilford Green Foundation, a groul that focuses on issues involving lesbians, gays, bisexualss and transgender people; the Guilford Education and the Gate City Co.
To boost its marketing and the foundation has revamped the look of its web site and adder features such as videos that tell storiea aboutits work. And this the site will add features that connect donorw with community causes theycan support. Anothedr strategy the foundation is using to cope withtoughb times, Sanders says, is to keep communicatinv with its donors and thank them for their “This is the time when nonprofits really need to get out and go to theirt funders and constituents, thank them for what they’red doing, and be very transparentf in what they’re seeing and experiencing,” he
But the foundation’s 14 employees still have theit jobs because meetingthe organization’s prioritgy goals requires “every single person says Walker Sanders, the foundation’s president. “Thwe times are tough and we’re going to be sure we’re ther and are proactive and responsivd to the needs that are The recession has been tough on the which has seen the valuer of its assets fallto $87.2 million from $114.3 million at the end of 2007. And totak contributions to the foundationn fellfrom $17.5 million in 2007 to $13.5 millionb in 2008. Grants the foundation however, grew from $11.7 million in 2007 to $12.
7 milliom in 2008, mainly because the foundation in recent years has acted as fiscao agent for a growing number of community with grants for thosee projects flowing through the In mid-2008, when it was clear the economy was deterioratin g into a recession, Sanders says, the foundation’s boarr and staff took a hard look at the organization’x expenses. While cutting as many operatinbg expenses asit could, he says, the foundation concluded it did not want to make any staftf cuts because that could undermined “a very strong strategic plan that’s in high The foundation was “created to be a long-terkm permanent entity that would provide the resources for this community when the times are tough,” he And with the foundation fully staffedr for the first time since the 2002 recession, he it needs its entire staff to focud on its priority goals of addressingy immediate community needs and expanding its resources to address futurew needs.
Thus, the foundation created an emergencyu fund that is available to local groups facing crises in their operations. The foundation used some of the moneyto seed, in partnershipo with United Way of Greaterf Greensboro, a special fund to addressa immediate needs for emergency shelter and food this past winter. That known as Operation Greensboro Cares, raised $400,000o in three weeks in and all the money was distributes by the endof March.
As part of a strategivc plan it adoptedin 2006, the foundation has been workingb to increase its own financial capacity, improve its philanthropic serve as a “trusted community partner,” and boost its marketing and The financial effort has included raising endowmentas for women and public art, and from young professionals. To improve its philanthropic services, the foundation has investec in technology to help donors use the web to trackk and handle their fundz at the foundation and to make recommendations on grantw to be made from those Efforts to be a trusted community partner includeethe foundation’s role in initiatives such Hispanic s in Philanthropy; the Guilford Green Foundation, a groul that focuses on issues involving lesbians, gays, bisexualss and transgender people; the Guilford Education and the Gate City Co.
To boost its marketing and the foundation has revamped the look of its web site and adder features such as videos that tell storiea aboutits work. And this the site will add features that connect donorw with community causes theycan support. Anothedr strategy the foundation is using to cope withtoughb times, Sanders says, is to keep communicatinv with its donors and thank them for their “This is the time when nonprofits really need to get out and go to theirt funders and constituents, thank them for what they’red doing, and be very transparentf in what they’re seeing and experiencing,” he
Wednesday, October 10, 2012
Dining options slip on icy economy - New Mexico Business Weekly:
burdukovahycel.blogspot.com
The weak economy has devoured a dozeh restaurants justsince January, providintg an oversupply of space left vacant by troubled nationakl chains. Successful local operators are possible candidates tofill it. Whiled all retailers are feelingthe recession’s squeeze, restaurants are particularlh vulnerable as consumers dine out less and, when they do eat out, opt for lower priced fare. Sales are off sincse last September between 1 and 10 percent at manylocal establishments, say localo experts, while publicly tradef national chains such as , and the were off 7 percenft or more on comparable units in the fourth quartedr of 2008. Most national have either put off expansions or cutit back.
It’w not likely Albuquerque will land any of the majoe names it covets in theforeseeabld future. Those names include Cheesecake Factory, , and the two big namess in steak, and . Expect future expansiohn here by the few healthy national casual dining chains suchas , whic opened on Montgomery last year. Despite Albuquerque’s reputation nationall as a strongrestaurant market, it has not been immune to the Both national and local chains are leaving high-profile locations empty in the North I-25 corridoe and Uptown. With an abundance of lease and acquisition ratesare dropping, in some cases beloq appraisal values.
The rangw of closures has hit all categories, from fast-food icon to casualp dining spots such asand , to upscale Cajun seafood franchisw . The closures provide opportunities for thosde restaurateurs who canget financing, but that is “The guys who can play now must have great credit and must have five yeares of experience in the business. They also must put 30 to 50 percentt inthe deal,” observes Davis Fite, who specializes in restaurantsa for . “In commerciall real estate, the restaurant categor y is the most difficult to get financedrighr now.” Fite added that a Montana-based chain will move into Albuquerqued and take three locations in the coming months.
Perhaps the most high-profilew availability is the formerd and the adjacent restaurants just nortuhof I-40 on Louisiana Boulevard. They were recentlg acquired out of bankruptcyby Scotttsdale-based , which now is offerinv the properties for sale or lease. “I see two new restaurantss there or a bank and a In my opinion this is the best site in Even though times are people still haveto eat,” said Perry managing partner at Tradecor. “Albuquerque is holding up fairly wellright now. It’sz doing 10 times better than Mann developed thePF Chang’ s site and owns several restaurants here. The former Copeland’s, at 10051 Coors NW, is beinyg offered for $2.
8 milliobn and is among the larger (7,775 square feet) and more moder sites available. John Henderson of Maestas & Ward has had severa l showings. Meanwhile, the value of restaurantss that have sat on the markert for several years hasdropped markedly. The forme ’s at 5001 San Mateo NE has been emptt for five years and its price has slippedfrom $2.7 millioh to its current $1.85 million. For successfup local restaurateurs, the vacancies are expansion Nick Kapinson operates in Nob Hill and isinvestinh $500,000 to lease and renovate the Johnny Carino’s site. His new restaurant will have aMediterraneanh concept, but will not be callex Yanni’s.
Kapinson hopes to open by late Marcyh and is partnering withJimmy Daskalos. “The reason restaurantds are failing is becausesthey don’t take care of their people and are not Kapinson said. “In this economy, you can’t be You can’t be on the golf It’s no big secret: This is hard ’s Terry and Pat Keene and ’as Kathy Punya have expanderd their enterprises. The focus for futurr restaurant developmentis Uptown. Developer Gary Goodman hopex to build a dozen new restaurantsat .
Hunt Development’a adjacent Quorum project is proposing at leastf threenew eateries, but both projects need tax incrementt development district approvals from the “When you look to see who is expanding, the food category is active while everything else is Trent Stafford, vice presidenf at Hunt said. “We do anticipate slippage at thehigher end. I don’tg expect people to be spending $200 for dinner this year.
”
The weak economy has devoured a dozeh restaurants justsince January, providintg an oversupply of space left vacant by troubled nationakl chains. Successful local operators are possible candidates tofill it. Whiled all retailers are feelingthe recession’s squeeze, restaurants are particularlh vulnerable as consumers dine out less and, when they do eat out, opt for lower priced fare. Sales are off sincse last September between 1 and 10 percent at manylocal establishments, say localo experts, while publicly tradef national chains such as , and the were off 7 percenft or more on comparable units in the fourth quartedr of 2008. Most national have either put off expansions or cutit back.
It’w not likely Albuquerque will land any of the majoe names it covets in theforeseeabld future. Those names include Cheesecake Factory, , and the two big namess in steak, and . Expect future expansiohn here by the few healthy national casual dining chains suchas , whic opened on Montgomery last year. Despite Albuquerque’s reputation nationall as a strongrestaurant market, it has not been immune to the Both national and local chains are leaving high-profile locations empty in the North I-25 corridoe and Uptown. With an abundance of lease and acquisition ratesare dropping, in some cases beloq appraisal values.
The rangw of closures has hit all categories, from fast-food icon to casualp dining spots such asand , to upscale Cajun seafood franchisw . The closures provide opportunities for thosde restaurateurs who canget financing, but that is “The guys who can play now must have great credit and must have five yeares of experience in the business. They also must put 30 to 50 percentt inthe deal,” observes Davis Fite, who specializes in restaurantsa for . “In commerciall real estate, the restaurant categor y is the most difficult to get financedrighr now.” Fite added that a Montana-based chain will move into Albuquerqued and take three locations in the coming months.
Perhaps the most high-profilew availability is the formerd and the adjacent restaurants just nortuhof I-40 on Louisiana Boulevard. They were recentlg acquired out of bankruptcyby Scotttsdale-based , which now is offerinv the properties for sale or lease. “I see two new restaurantss there or a bank and a In my opinion this is the best site in Even though times are people still haveto eat,” said Perry managing partner at Tradecor. “Albuquerque is holding up fairly wellright now. It’sz doing 10 times better than Mann developed thePF Chang’ s site and owns several restaurants here. The former Copeland’s, at 10051 Coors NW, is beinyg offered for $2.
8 milliobn and is among the larger (7,775 square feet) and more moder sites available. John Henderson of Maestas & Ward has had severa l showings. Meanwhile, the value of restaurantss that have sat on the markert for several years hasdropped markedly. The forme ’s at 5001 San Mateo NE has been emptt for five years and its price has slippedfrom $2.7 millioh to its current $1.85 million. For successfup local restaurateurs, the vacancies are expansion Nick Kapinson operates in Nob Hill and isinvestinh $500,000 to lease and renovate the Johnny Carino’s site. His new restaurant will have aMediterraneanh concept, but will not be callex Yanni’s.
Kapinson hopes to open by late Marcyh and is partnering withJimmy Daskalos. “The reason restaurantds are failing is becausesthey don’t take care of their people and are not Kapinson said. “In this economy, you can’t be You can’t be on the golf It’s no big secret: This is hard ’s Terry and Pat Keene and ’as Kathy Punya have expanderd their enterprises. The focus for futurr restaurant developmentis Uptown. Developer Gary Goodman hopex to build a dozen new restaurantsat .
Hunt Development’a adjacent Quorum project is proposing at leastf threenew eateries, but both projects need tax incrementt development district approvals from the “When you look to see who is expanding, the food category is active while everything else is Trent Stafford, vice presidenf at Hunt said. “We do anticipate slippage at thehigher end. I don’tg expect people to be spending $200 for dinner this year.
”
Tuesday, October 9, 2012
Madoff gets 150 years in prison - Kansas City Business Journal:
jiqatili.wordpress.com
“I’m not surprised. That’s what he said Adele Fox of Tamarac, who lost thousandsd of dollarsto Madoff's scheme. The mastermind behind the biggesy Ponzi schemein U.S. history was sentenced on Mondayy morning in federal court in Manhattan to 150 yearsbehind bars, the maximum requester by federal prosecutors. Madoff's attorney had asked for a far more lenient sentence of12 years. In sentencing Madoff, U.S. District Judge Denngy Chin called thefraud “staggering” and said that the “breacnh of trust was massive.
” The judge describexd his acts as “extraordinarily “No other white-collar case is comparable in terms of the scope, duratio and enormity of the fraud and the degrede of the betrayal,” Chin said. Madoff confessed in March to 11 countsincluding fraud, money laundering theft and perjury, amon g other things. His victims reportedly number morethan 1,30o0 and stretch across the globe. Their losses are estimatec at morethan $13 billion. Prior to sentencing, Chin heards from nine of the victims who talked abou thedevastation Madoff’s fraud had causedc to their lives and their families.
Many of Madoff’s wealthu clients lived in South Florida and lost their life savingds tohis scheme. Fox, 86, said she is still furiousw that the and the federalkgovernment didn’t expose Madoff’s fraud “The SEC is just as guilty as Madoff and they failedx us. Nobody seems to do anything abour it,” Fox said. She also took issue with the largwe fees being paid to peoples such asIrving H. Picard, the trustee who is handlinf the liquidation ofBernard L. Madoff Investment “The trustee Picard is making hisown rules. They’rre paying these guys millionsof dollars. It woulds be better to pay theinvestors directly,” Fox said.
Fox, a widow who once workedc as secretary inNew York, said she invested $50,000 in 1987 because she was relatede to Madoff’s accountant, Jerry Horowitz. She said she was able to get some moneyh back from Social Securitypayments she’ d made over the years on “phantom” income from Madofv accounts. However, she is worriedf that her disbursements may eventually be targeted in clawbaco efforts by the trustee in bankruptcy proceedings who has begunh sending out letters demanding the return of profits derived fromtheir investments.
Guy Fronstin a Boca Raton attorney who hasadvised Fox, said the governmenft has “been good about refunding taxes but there are delays in processingf claims to the Securities Investor Protection “Some of the people I know are too busy with thesw other issues to really care that much abouft what happened today. They believed he would spende the rest of his daysin jail,” Fronstin said. Jan an attorney with Adorn Yoss, said he believes the couryt had little choice but to levy the maximum sentence on Madoff.
“I don’t thinok the victims should have been victimized again by havinfg him be able to leave prisobnone day,” said Atlas, whose firm continue s to advise clients about tax returns and possibly future claimx against investment advisors who investe with Madoff. “I’m wondering if the trustew will be able to locate more than the billiojn plusthat he’s located, and what is the real Atlas said. In addition to his prison Madoff was ordered to forfeitnearly $170 which represents the proceeds of, and propertty involved in certain of his crimes, according to a news release from the U.S. Department of Justice.
“Whilee today’s sentence is an important milestone, the investigation is Lev L. Dassi, acting U.S. Attorney for the Southernb District ofNew York, said in a news release. “Wew are focused on tracing, restraining and liquidatinb assets to maximize recoveries forthe victims.”
“I’m not surprised. That’s what he said Adele Fox of Tamarac, who lost thousandsd of dollarsto Madoff's scheme. The mastermind behind the biggesy Ponzi schemein U.S. history was sentenced on Mondayy morning in federal court in Manhattan to 150 yearsbehind bars, the maximum requester by federal prosecutors. Madoff's attorney had asked for a far more lenient sentence of12 years. In sentencing Madoff, U.S. District Judge Denngy Chin called thefraud “staggering” and said that the “breacnh of trust was massive.
” The judge describexd his acts as “extraordinarily “No other white-collar case is comparable in terms of the scope, duratio and enormity of the fraud and the degrede of the betrayal,” Chin said. Madoff confessed in March to 11 countsincluding fraud, money laundering theft and perjury, amon g other things. His victims reportedly number morethan 1,30o0 and stretch across the globe. Their losses are estimatec at morethan $13 billion. Prior to sentencing, Chin heards from nine of the victims who talked abou thedevastation Madoff’s fraud had causedc to their lives and their families.
Many of Madoff’s wealthu clients lived in South Florida and lost their life savingds tohis scheme. Fox, 86, said she is still furiousw that the and the federalkgovernment didn’t expose Madoff’s fraud “The SEC is just as guilty as Madoff and they failedx us. Nobody seems to do anything abour it,” Fox said. She also took issue with the largwe fees being paid to peoples such asIrving H. Picard, the trustee who is handlinf the liquidation ofBernard L. Madoff Investment “The trustee Picard is making hisown rules. They’rre paying these guys millionsof dollars. It woulds be better to pay theinvestors directly,” Fox said.
Fox, a widow who once workedc as secretary inNew York, said she invested $50,000 in 1987 because she was relatede to Madoff’s accountant, Jerry Horowitz. She said she was able to get some moneyh back from Social Securitypayments she’ d made over the years on “phantom” income from Madofv accounts. However, she is worriedf that her disbursements may eventually be targeted in clawbaco efforts by the trustee in bankruptcy proceedings who has begunh sending out letters demanding the return of profits derived fromtheir investments.
Guy Fronstin a Boca Raton attorney who hasadvised Fox, said the governmenft has “been good about refunding taxes but there are delays in processingf claims to the Securities Investor Protection “Some of the people I know are too busy with thesw other issues to really care that much abouft what happened today. They believed he would spende the rest of his daysin jail,” Fronstin said. Jan an attorney with Adorn Yoss, said he believes the couryt had little choice but to levy the maximum sentence on Madoff.
“I don’t thinok the victims should have been victimized again by havinfg him be able to leave prisobnone day,” said Atlas, whose firm continue s to advise clients about tax returns and possibly future claimx against investment advisors who investe with Madoff. “I’m wondering if the trustew will be able to locate more than the billiojn plusthat he’s located, and what is the real Atlas said. In addition to his prison Madoff was ordered to forfeitnearly $170 which represents the proceeds of, and propertty involved in certain of his crimes, according to a news release from the U.S. Department of Justice.
“Whilee today’s sentence is an important milestone, the investigation is Lev L. Dassi, acting U.S. Attorney for the Southernb District ofNew York, said in a news release. “Wew are focused on tracing, restraining and liquidatinb assets to maximize recoveries forthe victims.”
Sunday, October 7, 2012
Bellingham couple assist in rescue of man whose boat capsized - The Seattle Times
ogarawo.wordpress.com
Bellingham Herald | Bellingham couple assist in rescue of man whose boat capsized The Seattle Times Bellingham couple assist in rescue of man whose boat capsized. A Bellingham couple in their salmon-fishing boat assisted in the rescue of 19-year-old Ryan Harris after his aluminum boat capsized northwest of Sitka, Alaska. By The Associated Press ... Wash. couple helps rescue man adrift in Alaska |
Saturday, October 6, 2012
Dunkin
ovaluleq.wordpress.com
The coffee and baked goodzs chain signed a deal with to developl 12 restaurantsin Dayton. The franchisee, Giantr Oil, plans to open a locatiom in 2011 and the remaining 11 withi the next five Giant Oil, headquartered in the Tampa Bay has a background in the retail as well as management, ownershilp and operation of convenience stores. Lynette McKee, vice president of franchising for parent company, Dunkin’ Brands Inc., said there is demand for Dunkin’sd products in Dayton. “Thesw restaurants will satisfy a growing demand in the marke t for high quality coffee and bakedf goods that are availableall day,” McKere said in a news release.
There is one Donuts/Baskin Robbins location in the Dayton on Springboro Pike near theDayton Mall. In additiob to the 12 locations Giant Oilwill Dunkin’ Donuts is looking for additionapl franchisees to develop a minimum of threr locations in the surrounding areas of Springfield, Tipp Middletown, Eaton and Lima. Dunkin' Donuts is looking for franchisees who have a net wortnof $1.5 million and liquid asseta of at least $750,000, McKee said. In addition, the franchises or management team should haverestaurantr experience.
The average Dunkin' Donutss store employs between 20 and 30 McKeesaid Dunkin' has decided to ramp up its presence in Daytonm as a part of its growth strategy of expandingf in existing markets and findin g new markets across the country. Dunkin’ a subsidiary of Canton, Mass.-based Dunkin’ Brands has nearly 9,000 locations in 31 countries. Donuts’ global sales in 2008 were $5.5 billion.
The coffee and baked goodzs chain signed a deal with to developl 12 restaurantsin Dayton. The franchisee, Giantr Oil, plans to open a locatiom in 2011 and the remaining 11 withi the next five Giant Oil, headquartered in the Tampa Bay has a background in the retail as well as management, ownershilp and operation of convenience stores. Lynette McKee, vice president of franchising for parent company, Dunkin’ Brands Inc., said there is demand for Dunkin’sd products in Dayton. “Thesw restaurants will satisfy a growing demand in the marke t for high quality coffee and bakedf goods that are availableall day,” McKere said in a news release.
There is one Donuts/Baskin Robbins location in the Dayton on Springboro Pike near theDayton Mall. In additiob to the 12 locations Giant Oilwill Dunkin’ Donuts is looking for additionapl franchisees to develop a minimum of threr locations in the surrounding areas of Springfield, Tipp Middletown, Eaton and Lima. Dunkin' Donuts is looking for franchisees who have a net wortnof $1.5 million and liquid asseta of at least $750,000, McKee said. In addition, the franchises or management team should haverestaurantr experience.
The average Dunkin' Donutss store employs between 20 and 30 McKeesaid Dunkin' has decided to ramp up its presence in Daytonm as a part of its growth strategy of expandingf in existing markets and findin g new markets across the country. Dunkin’ a subsidiary of Canton, Mass.-based Dunkin’ Brands has nearly 9,000 locations in 31 countries. Donuts’ global sales in 2008 were $5.5 billion.
Friday, October 5, 2012
Obama: Doing 'nothing' about health care not an option - Business First of Louisville:
houghtalingbaemo1268.blogspot.com
“Health care reform is not somethinv I just cooked up when I took Obama told a crowd ofabouf 1,500 people Thursday at in the Green Bay subur of Ashwaubenon. “It is centrall to our economic future. In past yeard and decades, there may have been some disagreement on this Butnot anymore.” Earlier this Obama said he wants Congrese to pass a comprehensive health care bill by the end of the summef and ready for his signaturde by fall. Many Democrats, includinbg the president, favor a government-sponsored health insurance plan that wouldc compete with private insurers and be availablde for people not eligible for other government health care programs such as Medicarwor Medicaid.
Most Republicans and many businessd groups, however, say a competing plan that isn’t profit-drivejn would drive private insurers outof business. On the , a physician’s group Obama is schedule d to meet with Mondayin Chicago, said it is opposed to a government-sponsored insurance Obama said his administration is workinbg on a Health Insurance Exchange that would allow people to compare insurance benefits and None of the plans included in the exchange would be allowef to deny coverage based on pre-existing conditionsw and all must include an affordable, basic benefit “I also strongly believe that one of the options in the Exchangr should be a public insurance option – because if the privats insurance companies have to compete with a public it will keep them honest and help keep prices down,” Obama said.
Supporterx of health care reform say it would provide healt insurance coverage to millions of Americanss and make coverage more affordable for thoswe who arealready covered. Because healthb insurance premiums have doubled over the lastnine years, and have growhn at a rate three times faster than wages, even those with coveragw have reached a breaking point, Obama said. Employers are not farint any better. Small business owners have been forcedr to cut health care benefits or drop coveragse entirely because ofrising costs, Obama said. “Wed have the most expensivw health care system in the Obama said.
“We spend almostt 50 percent more per person on health care than the next mostcostlg nation. But here’s the thing, Green Bay: we’rs not any healthier for Obama vowed to let Americansz who are content with theirt coverage and their physicians keep whatthey have, but said the countrgy has reached a point wherr doing nothing about the cost of health care is no longer an “If we do within a decade we will be spending one out of every five dollars we earn on health care,” Obama said. “In 30 it will be one out of every three.
” Obamaz acknowledged covering all Americans would be but promised health care reforn would not add tothe country’s defici t over the next 10 years. “To make that we have already identifiefd hundreds of billions worth of savings in ourbudgetg – savings that will come from steps like reducinhg Medicare overpayments to insurance companies and rooting out waste, fraued and abuse in both Medicare and Obama said. In Obama is proposing that Congressz scale back the amountthe highest-income Americans can deducf on their taxes and use that money to help financ health care.
Obama spoke for aboutr 20 minutes and then took questions from six peopls in the audience who expressedx fearover “socialized medicine,” asked questions aboug wellness and even questioned the country’s educatioj system. Regarding the idea of socializecd medicine, Obama said that isn’f what he, or anyone in Congress,
“Health care reform is not somethinv I just cooked up when I took Obama told a crowd ofabouf 1,500 people Thursday at in the Green Bay subur of Ashwaubenon. “It is centrall to our economic future. In past yeard and decades, there may have been some disagreement on this Butnot anymore.” Earlier this Obama said he wants Congrese to pass a comprehensive health care bill by the end of the summef and ready for his signaturde by fall. Many Democrats, includinbg the president, favor a government-sponsored health insurance plan that wouldc compete with private insurers and be availablde for people not eligible for other government health care programs such as Medicarwor Medicaid.
Most Republicans and many businessd groups, however, say a competing plan that isn’t profit-drivejn would drive private insurers outof business. On the , a physician’s group Obama is schedule d to meet with Mondayin Chicago, said it is opposed to a government-sponsored insurance Obama said his administration is workinbg on a Health Insurance Exchange that would allow people to compare insurance benefits and None of the plans included in the exchange would be allowef to deny coverage based on pre-existing conditionsw and all must include an affordable, basic benefit “I also strongly believe that one of the options in the Exchangr should be a public insurance option – because if the privats insurance companies have to compete with a public it will keep them honest and help keep prices down,” Obama said.
Supporterx of health care reform say it would provide healt insurance coverage to millions of Americanss and make coverage more affordable for thoswe who arealready covered. Because healthb insurance premiums have doubled over the lastnine years, and have growhn at a rate three times faster than wages, even those with coveragw have reached a breaking point, Obama said. Employers are not farint any better. Small business owners have been forcedr to cut health care benefits or drop coveragse entirely because ofrising costs, Obama said. “Wed have the most expensivw health care system in the Obama said.
“We spend almostt 50 percent more per person on health care than the next mostcostlg nation. But here’s the thing, Green Bay: we’rs not any healthier for Obama vowed to let Americansz who are content with theirt coverage and their physicians keep whatthey have, but said the countrgy has reached a point wherr doing nothing about the cost of health care is no longer an “If we do within a decade we will be spending one out of every five dollars we earn on health care,” Obama said. “In 30 it will be one out of every three.
” Obamaz acknowledged covering all Americans would be but promised health care reforn would not add tothe country’s defici t over the next 10 years. “To make that we have already identifiefd hundreds of billions worth of savings in ourbudgetg – savings that will come from steps like reducinhg Medicare overpayments to insurance companies and rooting out waste, fraued and abuse in both Medicare and Obama said. In Obama is proposing that Congressz scale back the amountthe highest-income Americans can deducf on their taxes and use that money to help financ health care.
Obama spoke for aboutr 20 minutes and then took questions from six peopls in the audience who expressedx fearover “socialized medicine,” asked questions aboug wellness and even questioned the country’s educatioj system. Regarding the idea of socializecd medicine, Obama said that isn’f what he, or anyone in Congress,
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