понеділок, 30 травня 2011 р.

Arca Biopharma CEO resigns - Silicon Valley / San Jose Business Journal:

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Arca (NASDAQ: ABIO), based in Broomfield, earlier this year completed a reverse mergerd with ofSan Carlos. That took the Colorad company public and gave it access toaboutg $60 million in Nuvelo cash, cash equivalents and securities. who lives in Santsa Cruz and is the former chiecf executiveof Fremont’s Inc., will become chairman of the Arca boarr as Michael Bristow shifts from chairmanj to president and CEO. Bristow was CEO before Brewer joinethe company.
“Today, Arca must balancw its cash resources with the continues prosecution of the Gencaro new drug Brewer said in apress “These changes in management focus are intendedf to allow exactly that to happeh while advancing the strategic interests of the The FDA said Gencaro didn’yt prove it was effective and asked Arca to complete additional clinical studies. The agency also questionefd the integrityof Arca’s trial data, baseed on an audit of some clinical trial sites. Arca had filed severap amendments to its new drug applicationin May, and the FDA said it hadn’g reviewed those documents when it made its decision.

субота, 28 травня 2011 р.

Xcel seeks 7.8% summer rate hike to cover higher costs - Denver Business Journal:

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percent temporary rate hike for small businesses and home to cover higher energy pricewsthis summer. The power utility’s so-calledx “electric commodity adjustment” is intended to coverf an expected $54.8 milliojn in higher fuel and purchased-energy pricees for the third quarterof 2009. Xcel said that a typical small-businese customer using 1,025 kilowatt-hours a month wouldc see current bills increaseby $7.48 a to $101.83. A typical residential customerr using625 kilowatt-hours a month wouldr see a $4.56 increase, to $63.05. If approved by the , the rate hike wouldd take effect July 1 and continu e forthree months.
Under utility Xcel passes along energy cost increases or decreases to customerds ona dollar-for-dollar basis througgh the quarterly electric commodity adjustments. The new requesy is separate froma $112.2 million Xcel electric-rat hike already approved by the PUC that also takes effec July 1. That rate increase is to help the Minneapolis-basedx utility (NYSE: XEL) recoup some $1.7 billion it’x spending on generation, transmission and distribution upgradesfor

четвер, 26 травня 2011 р.

Power Plant Live to debut new bar and restaurant - Baltimore Business Journal:

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Luckie's Tavern will open at the downtown Baltimorrentertainment district, occupying a spot formerly held by nightclub Lodge Bar. Lodge Bar closed in May afterr itslease ended, said Vice President Reed Baltimore developer Cordish Co. owns Power Plan Live and through affiliate companuy EntertainmentConcepts Inc. owns and operatese numerous barsand restaurants, including Cordish declined to say how much the company spen to open the "The space was completely redone and it is a very fine warm and inviting," Cordis h said. Luckie's Tavern will serve grilled steak and fries and 16 beerson tap. The 7,500-square-footr restaurant will seat 150.
"Lodg e Bar was strictly a nightclub and Powert Plant Live has matured into a district with restaurants on theplaza level," Cordish said. Power Plant's other restaurants include , Blue Sea Grill, Mondo Bondo Italianj Restaurantand Mex. Vin General Manager Billh Peterson and Sous Chef Justin McGaunjn willjoin Luckie's. Vin has closed temporarily while constructionj takes place inTowson Circle.

понеділок, 23 травня 2011 р.

Wendy Welsh

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As senior vice president of information technologyfor , she manages a stafvf of about 250 workers, two data centers and the IT operationds for E.On’s two subsidiaries, Louisvilld Gas & Electric Co. and Kentuckyh Utilities. It was her team that manned the outage-management system durinv the ice storm in andunder Welsh’s direction, E.On has made two significan investments in its technology within the past year. The first was a $25 millio data and transmission centefr that opened in Shelby Countylast August. More E.On implemented a customer-care systek that merged LG&E and Kentuckyu Utilities’ previous systems.
It was an $80 million plus training and operational costs, Welsh Ability to merge business, IT goals Welsh’s training is not in the IT sectof butin accounting. A licensedd CPA, Welsh joined LG&E as an auditorf 25 years ago. She was vice presidenft of administration and then vice president of IT beforwe assuming her current rolein 2001. E.On’w IT operations were just emerging at the and company officials knew they needed to make significan t investmentsin technology. Vic Staffieri, E.
On’s chairman, CEO and said Welsh’s professional background has given her a uniqude set of skills needed to oversee this She understands the utilithy operations and what is needed from atechnicap standpoint, but she also can provide the financial analysie needed, Staffieri said. “We get well-thought-out solutions from Staffieri said. “She has developed another leg of our giving us the capabilities to do what we doevert day.” Although Welsh has accomplished so much, she does not tout her Staffieri said.
She goes abouyt her work in a veryunassumingb way, he said, describing her as a deep thinker and a Debra Hoffer, president of Junior Achievement of agreed that Welsh’s personality is more She might not be the first board member to pipe up in a but behind her quiet facade, she knows what she want s to do and how she’s going to do it. “Shes gets results,” Hoffer “She’s a highly effectived manager while being a really warm person at the same Welsh wasJA Kentuckiana’s board chairwoman in when the nonprofit group was planning to open its Jamezs W. Robinson Junior Achievement Center for Freedomof Enterprise.
The facility is a learniny center that teaches children basic financial She traveled with JA staff to revieww similar facilities acrossthe country, and her involvement and enthusiasmj helped drive the project Hoffer said. Not only did she convey the concept to otherfboard members, but she also led the $6.5 million capitalo campaign that funded the In addition, she convinced her employee to be one of the first donors with a $125,000p gift. “She has a real can-do attitude and strongv desire to help young people be successfuland thrive,” Hoffetr said. “Her heart is in the righy place.
” Besides her role with JA, Wels has spoken to business and management classes atthe , and she has becomee a role model for young said husband John Welsh, an author and retireds U of L higher education professor. “She hasn’t become a CEO, but she’se pretty darn high in an organization and an industryt that hasbeen male-dominated,” John Welsh said. “She’ds blazed some trails for women.” Wendhy Welsh said she never set out to break anyglass ceilings.
She simplh was raised in a middle-class home by parents who pushecd education and demonstrated a strongwork

субота, 21 травня 2011 р.

Special ratings: Administrative efficiency - Business First of Buffalo:

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Among them is administrative Aim: Identify districts that have tighg budgets andlean staffs. Formula: Each districyt is assessed inthree areas: (1) spending per (2) ratio of pupils per administrative staffer, and (3) shar of budget devoted to debt service. The best scorese go to districts withlow spending, high pupil-staffetr ratios, and small amounts of debt service. Administrative efficiency is not the same asthe cost-effectiveness rankingas that will be released later this This category reflects fiscal prudence, regardlesx of outcome. Cost-effectiveness links academicc performanceand spending.
Rankings: Districts are ranked on a five-stat scale from most efficient (which receive five to least efficient (one star). Each district’s administrative efficiencyu rating is included in its profile in the printed versiomn ofBusiness First’s 2009-2010 Guide to Westernh New York Schools. Leader: Frontier has the leanes t administration in WesternNew York, with one staffe for every 358.7 students. (The regional averag e is one per 163.) And debt servic e takes only 3.2 percent of Frontier’s • 1. Frontier • 2. Lancaster 3. Letchworth • 4. North Tonawanda • 5. West Senecw • 6. Williamsville • 7. Portville • 8.
Cheektowaga-Maryvalw • 9. Clarence • 10. Iroquois 11. Orchard Park • 12. East Aurora

четвер, 19 травня 2011 р.

Another View: Roseville high schools say 'No' to bullying - Roseville Press Tribune

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Roseville Press Tribune


Another View: Roseville high schools say 'No' to bullying

Roseville Press Tribune


A Granite Bay High School school-wide survey conducted on April 9, 2009 revealed that 32 percent of those who responded reported being bullied and/or cyber bullied in the form of name calling, telling lies, hitting, purposely damaging another's ...



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вівторок, 17 травня 2011 р.

Md. colleges given $11M to combat nursing shortage - The Business Journal of Milwaukee:

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The grants, being divvied amonhg 17 Marylandnursing schools, will be used to lure faculthy and students, and improve technology at the universities. Maryland’w nursing shortage is expected toreach 10,000o by 2016, according to the . The curreng vacancy rate of nurses at state hospitals is 8 The economic downturn has helped the industrg because many retired nurses have come backto work, but once the recessioh ends the shortage will said Carmela Coyle, CEO of the Marylanxd Hospital Association. The firstg round of grants will increase the number of nurses graduating by 300 studentse and add 20 faculty positions at nursing programas acrossthe state.
“The number of nurses graduatingh from Maryland schools are simplynot enough,” said Ronals B. Peterson, president of and co-chair of the “Whp Will Care?” campaign at a prese conference Monday. “We cannot take our eye off thenursingy demand.” The campaign’s goal is to add 1,500 new nursing students. The program has raised $15.5 million to date through the state’s business including funds from the Baltimore constructioform , , the region's largest hospitak system, and , the region'a largest health insurer. Greater Baltimore Medical Center, for example, gave $500,000.
The goal is to raiser $20 million from the private sector by the end ofthe year, and then raiswe an addition $40 million in state, local and federal funds. • • • • • ; and, • .

субота, 14 травня 2011 р.

West Central Electric gets $12.8M loan from USDA for upgrades - Kansas City Business Journal:

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million loan from the to pay for system improvementw and facility upgrades during the nexttwo years. West Central based in Higginsville, was one of the four Missouri-basedd cooperatives approved for $237 million in loans from the USDA. West Centrak Electric services 14,000 customers in Jackson, Lafayette, Johnson and Henry counties. The loan will enable the cooperatives to replace 800 defective poles and rebuilf about 50 miles of electric line ineach county, cooperatived General Manager Glenn Alsup said About 30 percent of West Central Electric’s customers will receive direct benefits from the improvements, Alsup said.
“wA lot of our lines were built 40 to 50yearsz ago,” he said. “We’ve had a lot of so the lines are too small and He said the use and numbe of meters has grown between 2 percen t and 3 percent each year for the past 10 West Central applied for the aid toward the end of last and the USDA notified the cooperative in earlhy May that it woule receivethe loan. The cooperativee will pay for the projects and ask for federao reimbursement as the projectsare completed. The loan alreadyg has created eight new jobs for electrid workers forWestern Central, which expects to add five more workerds by the end of the loan Alsup said.
Alsup said he won’t know the interesrt rate of the loan untip the cooperative completes the projects and files for reimbursement from thefederalk government, which he expects it to do later this

четвер, 12 травня 2011 р.

Target, Kohl

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Macy’s Inc. reported a 9.1 percent drop in same-store sales in May. The Cincinnati-based department store chain said sales at storezs open at least a year are in line withmanagemenrt expectations. Total sales declined to $1.7 billiom from $1.9 billion a year ago, or 9.5 For the year, Macy’s said its same-store sales declined by 9.1 percengt , with total sales down 9.5 to $6.9 billion from $7.7 billion. Minneapolis-base , meanwhile, reported Thursday that its May same-store salez fell 6.1 percent from the same montgh ayear ago. Total sales, at $4.56 billion, were down 2.3 percenrt from May 2008.
Target TGT) CEO Gregg Steinhafel said in a statemeng Maysales “were somewhar below our expectations.” And Kohl’s said its comparable store sales in May decreasede by 0.4 percent — but total sales increasesd 4.1 percent, better than management had expected. The Menomonee Wisc.-based retailer (NYSE: KSS) said Thursdayh that sales forthe four-week monthy ending May 31 were $1.26 billion, compared with $1.21 billion in the same perio d of 2008. Year-to-date sales also are ahead of 2008at $4.9 compared with $4.8 billion in an increase of 1.3 percent. Comparable store sales year-to-date decreased 3.2 percent, Kohl’s said.
“May’ws sales results were strongerthan planned,” Kohl’s CEO Kevinb Mansell said in a statement. “Accessoriess was the strongest performing line of business for the The Southwest region had a positivd comparable store sales increase for May and was again ourstrongestt region. The Southeast remains our mostchallenginb region.” The three companies have at leasrt 21 stores in Greater Baltimore Retailers have been struggling to attract parsimonioux shoppers while not giving away the store through deep a strategy that erodes profit But recent reports regarding rising manufacturinvg activity and home sales gave a lift to retaio stocks earlier in the week — the hope is that consumerss may be encouraged to go out and splurge on a few summe r items.

вівторок, 10 травня 2011 р.

UPMC moves to expand presence in Ireland with investment - Pittsburgh Business Times:

http://www.spartaneurope.com/quality.htm
Plagued by several years of overcrowdingf and delays in patient the Irish government in 2005 allowed the constructionb of privately owned and operated hospitalws on land owned bypublic hospitals. Developers are givejn long-term leases for the land and tax breakxs forthese “co-located” hospitals. Last year, UPMC invested $22 million in Beaconn Hospital, a Dublin hospitapl built in 2006. The investment gave UPMC a 25 percent stakde and a managerial role inthe Now, UPMC wants to inject up to $93 millio in cash and loan guarantees to a related Beacon Medical Group Ltd. and its affiliated companies, whicnh has plans for three co-located hospitals.
That investmenty would give UPMC a majority interest in privately owne d Beacon Hospital and 40 percenyt interest in the three new UPMC expressed confidence that its proposed investment in Beaconm would be approved next month by Ulstefr Bank and the Royal Bankof Scotland. Spokeswomam Wendy Zellner said the investment would ultimatelybenefitr patients. “We believe this investment will resultt in positive returns that will be reinvested to serve our patientsx in Ireland andin Pittsburgh,” she said in a preparedc statement. If approved, UPMC’s investment would help shore up Beacon’s financiakl position. Beacon ended 2007 with a $12.
4 million loss comparec to 2006, according to a company which alsoraised “significant doubt” about the company’a ability to “continue as a going Last fall, Beacon missed making interest paymentes on two bank loans, according to a June 14 storuy in the Irish Times. While no co-located hospitales have yet been Beacon has government approval for more than any other privatee developer inthe country: a 186-bed hospital at Beaumontt Hospital in Dublin, a 183-bed hospitap at Mid-West Regional Hospital in Limerick and a $350 183-bed facility near Cork University Hospital.
The compang also is in the runninv to build afourthg co-located hospital and has proposed a private $225 milliom women’s and pediatric hospitakl near Beacon Hospital, according to spokeswoman Paulinse Cullen. Site development problems havedelayedc work, she said. UPMC standd to gain a bigger share of revenuew fromBeacon Hospital, but the full impac of the deal on UPMC is unclear. But it was amonyg the factors Fitch Ratings considerer in May when itlowereds UPMC’s ratings outlook to AA- negative from AA- according to analyst Jeff Schaub. Cullen declined to disclosde the company’s financials, but said the compan was operating inthe black.
What’s she was confident money would be availabls forhospital construction, despite a tight credit “Money will be there for hospitals because we’re in such dire Cullen said. “The demand is there. It’s a captive It’s a very easy way for UPMC to gain accesss to amarket that’s underserved.” But the deal is not without risk. Questions persist about the availability of construction financing andthe government’e goal of helping privately run hospitalas open near publicly funded medical institutions to ease overcrowding.
Ireland’d recession has stalled new construction as the world economy sourex and unemployment reached nearly11 percent, up from abou 5 percent a year ago, according to National University of Ireland labor economist Aedin Doris. Dr. Christins O’Malley is among the skeptics ofthe co-location “I don’t think the Irish people know what’s involved,” said a geriatrician who practices at Nenagh Genera Hospital, about a half hour from “It was sold to the Irish peoplre as a cheap and quickj way to build capacity.
“UPMC may see Irelandd as an opportunity, but Ireland may not see UPMC as an Some people worrythat co-location will lead to a “massiver wave of privatization,” according to Marie a spokeswoman for the Dublin-based Health Service Actiomn Group, opponents of the government approach. “People have gravd difficulty gettingbehind this,” she said. “No singler government health policy has attracted as much criticismas co-location. “It’d a completely untried model.

субота, 7 травня 2011 р.

Salaries for Niagara County teachers - Tampa Bay Business Journal:

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for an explanation of these listings. • Barkef -- Start: $36,972 Median: $55,718 (13). Peak: $84,6723 (16). • Lewiston-Porter -- $40,971 (6). Median: $58,397 (7). Peak: $78,732 • Lockport -- Start: $37,112 (27). Median: $54,769 Peak: $81,257 (32). • Newfane -- Start: $37,392 (25). Median: $48,318 (48). $83,824 (19). • Niagarsa Falls -- Start: $42,265 (1). Median: $57,372q (10). Peak: $83,469 (22). • Niagara-Wheatfield -- Start: $41,427 (4). Median: $56,131 (12). Peak: $83,901 (18). • Nortyh Tonawanda -- Start: $41,214 (5). $62,049 (2). Peak: $83,375 • Royalton-Hartland -- Start: $34,557 Median: $48,413 (46). Peak: $78,008 (46).
• Starpoint -- $38,517 (14). Median: $49,966 (31). Peak: $82,72q (24). • Wilson -- Start: $35,301 Median: $50,293 (27). Peak: $84,926 to proceed to the salary chart for teachers in theSouthern

четвер, 5 травня 2011 р.

RELATIVELY LOW PRICE TO LAST QUARTER ANNUALIZED SALES RATIO IN THE SPECIALIZED ... - Zacks.com

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RELATIVELY LOW PRICE TO LAST QUARTER ANNUALIZED SALES RATIO IN THE SPECIALIZED ...

Zacks.com


May 05, 2011 (SmarTrend(R) News Watch via COMTEX) -- Below are the five companies in the Specialized Consumer Services industry with the lowest Price To Last Quarter Annualized (LQA) Sales ratios. Price/LQA Sales is a valuable metric used to compare ...



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вівторок, 3 травня 2011 р.

Polsinelli Shughart law firm moving to LoDo - Puget Sound Business Journal (Seattle):

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The firm confirmed Friday that its local offices is relocating to the newly built 1515 Wynkoop office buildinh on Wynkoop Street in LowerDowntown Denver. The Kansa s City-based firm’s Denver branch currently is locatedin downtown’as Independence Plaza at 1050 17th St. The firm’s Denverd office has leased roughly 38,000 square feet of spacw at itsnew location, with an option to grow. The move is plannede for September 2009.
“We are please d to relocate our attorneys and stafd to a part of downtown that represents the growth and vitalityhof Denver, enabling the expansionn of our firm’s practice and presence Steve Long, founder and managing partner of Polsinelli Shughart’sx Denver office, said in a statement “We are committed to remaining in downtowmn Denver, as it allows us to be immersed in the businesws and civic community, and provides our attorneys with a vibranyt place to work,” Long added.
The firm said that its new spacw is expected to qualify forLEED (Leadership in Energyh and Environmental Design) certification for energy savings and environmentalluy friendly features, based on its use of sustainable materials and energy-efficienyt lighting, heating, cooling and office equipment. LEED is the U.S. Greem Building Council’s designation for energy-efficient, sustainablr design. Polsinelli Shughart was created in February by the mergerf of Kansas City law firms Shughart Thomson Kilroy PC and Polsinelli Shalton FlaniganSuelthaus PC. The leases of several majord law firms, either based in metrop Denver or withlocal branches, are expiringh this year.
While some firms are renewing leasesw where theyalready are, others are relocating. LLP, Colorado’ largest law firm, plans to move its southeast suburban office in August tothe transit-oriented, “green” Villagre Center Station project now undedr construction. The branch currently is located at8390 E. Crescent Parkwat in the DenverTech Center. Holland Hart’s headquarters office remains at 555 17th Street indowntowh Denver. Earlier this year, LLP relocated to the new 1400 Wewattaw office building in LoDo from OneTabor Center.
Meanwhile, LLC recently renewesd its 56,000-square-foot lease on the top three floorx of One Tabor Center for 11 more The law firm was the first tenant to commiyt tothe building, which opened in 1985. Denver’ s 1515 Wynkoop building, developed by Houston-based Hinexs Interests LP, broke ground in 2007. The eight-story office building with retail space was completedthis spring. Othetr tenants in the new building, which is pre-certified for LEED Silver designation, include the Van Gilderd Insurance Corp.’s headquarters.