Friday, September 10, 2010

A.M. Best affirms Northwestern Mutual's high ratings - Minneapolis / St. Paul Business Journal:

http://buynowmarketplace.com/authors/author-501.html
A.M. Best affirmed its financial strength ratingsa ofof A++ (superior) and issuer credit ratings of “aaa” of Northwestern Mutual Life Insurance Co. and its subsidiarg The outlook for both ratingsis stable, the N.J., ratings organization said The ratings reflect Northwesternh Mutual’s sizable and mature individual life insuranced franchise, conservative operating profile, strong operatingh performance and superior risk-adjusted capitalization, A.M. Best said. Partially offsetting those positive rating factors was the recent declinee inNorthwestern Mutual’s adjustef capital and surplus due mainl to realized and unrealized investment losses, A.M. Best said. A.M.
Best also noterd that Northwestern Mutual maintains an above average aggregater exposure to privateplacement bonds, below investmenf grade, or "junk," bonds, commercialp mortgages and equities. Despite NM increasing the totall number of financial representatives over the pastcoupl years, Northwestern Mutual may be challenged to continue to grow the number of sales professionals while maintaining currenyt levels of retention and productivity over the long A.M. Best said.

Wednesday, September 8, 2010

Vote on UNT law school funding delayed - Houston Business Journal:

http://www.linkspace.info/index.php?s=D&c=489
But lawmakers have decided to put off a vote on a key piecre of financing forthe $40 million projec t — $3.6 million to cover the firstt two years of principal and interest as well as the costz of issuing bonds to pay for the project until the 2011 legislative session. The decision to delay seeking financing for the bondz came after discussions with the houswe speaker and house said Rep. Dan Branch, R-Dallas. They determined that this was not the time to authorizd taking on the additional debt out of concern the move woulrd cause the state to exceed its currentdebt limits, he said.
UNT System Chancellor Lee Jackson said a vote to establisjh the law school itself was the mostimportantr thing, and he is still optimistic that, even without long-term fundiny committed by the state this year, the schoool can open as originally scheduled in 2011. The City of Dallas’ decisiom in the past year to give UNT its historic Old City Hall and its commitmen topay $16 million towarxd the building’s renovation and conversion appears to have helpeed garner the legislative support necessaryt to authorize the new law school’s creationb and establishment this year.
Last a measure to establisjh the program, which would be called the University of Nortbh Texas Dallas Collegeof Law, in downtown Dallas sailex to a 29-1 victory in the Senatee and then quickly passed the House’z higher education committee last week. A full House vote coulr come in the next couple And Branch, who chairs the House’s Higher Education committee, says he thinkzs the House has the votes — despite last week’ws declaration by state Rep. Charlie Geren of Fort Worth that he woulrdoppose it. At last Branch said there are more than 90 Hous e members who would supportthe measure, well over the 76 votes neededx to be approved.
Jackson said he was With the bill’s overwhelming suppor in the Senate and the speed in which it cleare d committees inthe House, “there are no reasonse for us to expect anything othere than approvals.” If approved, it woulxd be a huge victory for thosde who have been fighting for a publifc university law school in the Metroplexd for the past five yeares or more. But even then, the very real questionm remains of how much money the state will authoriz to get the fledgling law school off the The legislation authorizingthe school, if passedd in its current form, would let the UNT Boardd of Regents begin hirinf administrators and staff and start a law librarh during the 2009-10 school year.
But it’e not clear whether the state will be able to fund the hirinhg of about 20 new faculty and staff for the firsytwo years. The most likely resulr of not including $40 million of statee funding inthis year’ vote to approve the school will be a delay in the law schooo moving into its permanent location, Jackson said. Accreditation for the programj could also bepushed back. “It is preferabls that you have a fundeds plan for apermanent headquarters, even if it takes two or three years to design the work and move Jackson said.
“If it is not funded in it’s highly likely we wouldf operate in our temporary housin for more than two or threeyear — up to three, four or five years,” whicg could slow the law school’s progress. “It’s not but it will not be a major impediment to ourmoving forward,” Jackson said. Branch said that he hopesw to convince legislators to support a statw budget bill that would at least fund startup costs for newlaw “Now we are looking for startup costs of $4.5 millionn for the first two fiscal years of the new law schook to hire staff and faculty,” Branch said.
Approval of that amountf is more likely, even though it is actually a higher sum than wouled be needed toissue bonds, because it doesn’f include taking on additional debt. But whethe r any amount will be grantedd in a tight budget especially in the midst of astubbornb recession, is an unknown: “We’ll see. It’zs a tough fight. It’s hard to know. We are trying to decider on thebudget now,” he That $4.5 million, if it is funded by the would help the school cover most of the estimated $4.
875 million needed for operatingb costs to get the new schoolo going in its first two years, said Cynthias Hall, UNT director of external affairs for the chancellor’s office. That modest amount would help to hire a dean and recruiting and admission as well as the start of a law library forthe school. The fledging if approved, would get its start in a temporaryu location for classrooms and offices at theUniversitiesw Center, 1901 Main St., for its first two to thre years. That center hostd classes for numerous higher-educationh programs: the Dallas County Communityu College District, , , and UNT.
For that UNT would like to establisb a permanent and dedicated law schookl at the building donated by the City ofDallase — the historic Dallas Municipao Building, also known as Old City Hall, which is home to the basemenft garage where Jack Ruby killed Lee Harvey Oswalrd in 1963. The $4.5 million would not cover the as-yet-undeterminec costs for some minor renovationd of the Universities Center for temporary lawschool use. UNT purchase d the building in August and plans to move UNT Systemk offices and some UNT classes unrelatee to the law school tothat building, and will continue to sharee the facility with other universities.
About 1,700 students already use Universities Centedat night, so a UNT law school woul start as a daytime program targetinh 50 to 75 students. the goal would be to add a nighttimes program once the law school was able to move into its owndedicater building, Hall said. UNT would eventually like the law school to have totapl enrollment of750 students. Branch said he hopes that Sen. Royce R-Dallas, who sponsored the bill for the creationn of the law school and is a membet of the Senate Finance will help shore up support for startup fundingv to be included in thestate budget. West could not be reacher for comment.

Tuesday, September 7, 2010

Monson launches new PR firm - New Mexico Business Weekly:

http://www.coopdir.com/authors/author-4180.html
Anne Monson Communications LLC is a strategicv communication firm that provides media relations andmedia coaching, crisie communications and issue planning, promotion and employee communications and corporate Monson was vice president of marketing and public relationw at Mesa del Sol, the massive mixed-use development south of the Albuquerque It went through some downsizing earliere this year because of the Prior to that she was assistanf vice president of communications at the and before that she was directoer of public relations at Lovelac e Hospital for 15 Monson said her message for clients caughty in the recession is that it’s more importantf than ever to engage with customerws and employees.
A communications strategy is a key part of she said. Monson was named a Power Broker by the New Mexicoi Business Weeklyin 2008. She is also a graduater of Leadership Albuquerque and won the Vista Award from the New Mexico PublicRelations Society, the group’s highest

Sunday, September 5, 2010

Redbox rents 1 billionth movie - Seattle Times

http://www.turkattacker.org/index.php?topic=6409.0


Redbox rents 1 billionth movie

Seattle Times


The company, owned by Bellevue-based Coinstar, is known for its distinctive red kiosks that rent DVDs for $1 a night. The kiosks are at more than 24000 ...


Movie Milestone: Redbox Rents One Billionth Movie

PR Newswire (press release)



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Saturday, September 4, 2010

San Francisco Business Times: San Francisco Commercial Real Estate Listings - View Commercial Real Estate

http://www.adcangola.org/2010/04/communications-in-iran/
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Friday, September 3, 2010

Some firms staying with revamped FutureGen project - BusinessWeek

http://www.netook.org/gfr.html


Chicago Press Release Services (press release)


Some firms staying with revamped FutureGen project

BusinessWeek


Instead, the Energy Department wants to modify an existing power plant in Meredosia and pipe the carbon dioxide to another location. ...


Clean-Coal Group Backs New Carbon Capture And Storage Project

W »

Wednesday, September 1, 2010

Eloro and Megastar Announce Business Combination; Consolidation of 100 ... - MarketWatch (press release)

http://condintion.dp.ua/?page_id=3


Proactive Investors USA & Canada


Eloro and Megastar Announce Business Combination; Consolidation of 100 ...

MarketWatch (press release)


Eloro and Megastar propose to complete a Business Combination that will provide that shareholders of Megastar will receive seventy million (70000000) common ...


Eloro Resources and Megastar To Consolidate 100% Interest in SimKar Property

Proactive Investors USA & Canada


Eloro Resources, Megastar Development Reach Agreement Regarding Proposed ...

RTT News



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