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] |
Friday, November 30, 2012
Microsoft's next Xbox is one year away, report claims - PCWorld (blog)
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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:
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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:
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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:
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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
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