Delay on relocation of villages in Mudumalai Tiger Reserve to cost govt dear Times of India UDHAGAMANDALAM: A long delay in the relocation process of forest dwellers and tribals living in 30 villages, including Mudhuguli village, located inside Mudumalai Tiger Reserve (MTR) in the Nilgiris, will cost the state nearly double the amount in ... |
понеділок, 13 серпня 2012 р.
Delay on relocation of villages in Mudumalai Tiger Reserve to cost govt dear - Times of India
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неділя, 12 серпня 2012 р.
Mortenson Construction remains up in economic downturn - Jacksonville Business Journal:
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As its revenue grew from $1.16 billion to $2.843 billion in 2009, it leapfrogged big names suchas , , Holida Cos. and The Opus Group. In recent ranking of America’s Largest Privatse Companies, Mortenson was 218th, up 98 slots from its rankin glast year. A mix of big, high-profile projects and small developments have helped the company withstan d the longest recession since the Great Depression withouf massive layoffs orrevenue declines, said Ken Sorensen, vice presidenf and general manager at Mortenson. “We’ve been fortunate that the marketasthat we’ve been in have been strong, includinvg the renewable-energy group and the federal-contractinv group.
But looking aheaed the next coupleof we’re all going to be affected by the Since early 2008, Mortenson’s employeer count has declined from about 2,700 to aroune 2,400. The 11 percent drop in employees isn’gt bad given the anemic construction CEO Tom Gunkel said Mortenson saw some storm cloudsz formingin 2007, so over the past 18 monthds it has been building a strong backlogt of work.
He anticipate revenues in 2009 and 2010 will returjto pre-2008 levels and expects the company will be able to avois the “dramatic downturns” that many of its competitorsx are dealing with Mortenson has continued to work in its traditionalp sectors, such as health care, higher cultural, public and corporate, but it also has expandec its activity in the hospitality, data-centee and renewable-energy markets, Sorensen said. The Minnesots office, which accounted for nearly 20 percentof Mortenson’xs annual revenue last year, has a lot of work underway, led by the ongoingh $500 million ballpark and $280 million football stadium.
It’sd also building or has recently complete a data center for aconfidentialo client, a $53 million Center for Magnetic Resonancde Research at the University of Minnesota and a new student center at in Arden Hills. The firm also recentlyh started construction on the new entertainmentt center and college hockey arenaw in Duluth and a handful of projects insurroundingg states. It has two projectsa underway in NorthDakota — an indoor stadium in Dickinsoj and a hospital in Jamestown. There’s a misconception about Mortenson that it justdoes large, high-profiler projects such as baseball stadiums and hockey arenas, Sorensen It’s easy to see why.
Mortenson builtg the in Minneapolis, the in St. Paul, and is buildingf the two major stadiumsin Minneapolis. In the past it’s renovated the and the in Minneapolis. But the fact is, Mortensonm does a lot of small projectsas well, Sorenseh said. Its average project is in the $10 million to $25 million range, and it does a considerable number of projects that are evensmallerd — in the $1 million to $5 million The smallest projects are usually for established customers, such as , Clinics and the university. “When we get involverd with a customer, we want to do all theif work,” Sorensen said. “That’s been a very positiv e thing for us.
” Regardless of whether a project is big or Mortenson lives up to its reputation and does what is necessaryu to fix any situation thatcomes up, said Daryll Schroeder, vice president of operationzs for in Minneapolis, where Mortenson has done numerouz projects since the 1950s. “They treat you like you’rwe their most important customer,” he Schroeder praised Mortenson’s work on Abbott’s $170 millio heart hospital while itsadjacent 550-bede hospital stayed open during construction. “That’s like buildinb an airplane while its running downthe runway.
It was Schroeder, who has overseen buildin g projects for the past 23 years at Abbot t and parentcompany Allina, said Mortenson companh chairman Mort Mortenson Jr. (son of compant founder M.A. Mortenson Sr.) has been a good financia l supporter and friend of Allina overthe years. But the contractor has never tried to use that support to getconstructiojn work, Schroeder added. Mortenson always has to competw in bidding processes to get and has lost out toothef builders.
As its revenue grew from $1.16 billion to $2.843 billion in 2009, it leapfrogged big names suchas , , Holida Cos. and The Opus Group. In recent ranking of America’s Largest Privatse Companies, Mortenson was 218th, up 98 slots from its rankin glast year. A mix of big, high-profile projects and small developments have helped the company withstan d the longest recession since the Great Depression withouf massive layoffs orrevenue declines, said Ken Sorensen, vice presidenf and general manager at Mortenson. “We’ve been fortunate that the marketasthat we’ve been in have been strong, includinvg the renewable-energy group and the federal-contractinv group.
But looking aheaed the next coupleof we’re all going to be affected by the Since early 2008, Mortenson’s employeer count has declined from about 2,700 to aroune 2,400. The 11 percent drop in employees isn’gt bad given the anemic construction CEO Tom Gunkel said Mortenson saw some storm cloudsz formingin 2007, so over the past 18 monthds it has been building a strong backlogt of work.
He anticipate revenues in 2009 and 2010 will returjto pre-2008 levels and expects the company will be able to avois the “dramatic downturns” that many of its competitorsx are dealing with Mortenson has continued to work in its traditionalp sectors, such as health care, higher cultural, public and corporate, but it also has expandec its activity in the hospitality, data-centee and renewable-energy markets, Sorensen said. The Minnesots office, which accounted for nearly 20 percentof Mortenson’xs annual revenue last year, has a lot of work underway, led by the ongoingh $500 million ballpark and $280 million football stadium.
It’sd also building or has recently complete a data center for aconfidentialo client, a $53 million Center for Magnetic Resonancde Research at the University of Minnesota and a new student center at in Arden Hills. The firm also recentlyh started construction on the new entertainmentt center and college hockey arenaw in Duluth and a handful of projects insurroundingg states. It has two projectsa underway in NorthDakota — an indoor stadium in Dickinsoj and a hospital in Jamestown. There’s a misconception about Mortenson that it justdoes large, high-profiler projects such as baseball stadiums and hockey arenas, Sorensen It’s easy to see why.
Mortenson builtg the in Minneapolis, the in St. Paul, and is buildingf the two major stadiumsin Minneapolis. In the past it’s renovated the and the in Minneapolis. But the fact is, Mortensonm does a lot of small projectsas well, Sorenseh said. Its average project is in the $10 million to $25 million range, and it does a considerable number of projects that are evensmallerd — in the $1 million to $5 million The smallest projects are usually for established customers, such as , Clinics and the university. “When we get involverd with a customer, we want to do all theif work,” Sorensen said. “That’s been a very positiv e thing for us.
” Regardless of whether a project is big or Mortenson lives up to its reputation and does what is necessaryu to fix any situation thatcomes up, said Daryll Schroeder, vice president of operationzs for in Minneapolis, where Mortenson has done numerouz projects since the 1950s. “They treat you like you’rwe their most important customer,” he Schroeder praised Mortenson’s work on Abbott’s $170 millio heart hospital while itsadjacent 550-bede hospital stayed open during construction. “That’s like buildinb an airplane while its running downthe runway.
It was Schroeder, who has overseen buildin g projects for the past 23 years at Abbot t and parentcompany Allina, said Mortenson companh chairman Mort Mortenson Jr. (son of compant founder M.A. Mortenson Sr.) has been a good financia l supporter and friend of Allina overthe years. But the contractor has never tried to use that support to getconstructiojn work, Schroeder added. Mortenson always has to competw in bidding processes to get and has lost out toothef builders.
субота, 11 серпня 2012 р.
Madison firm CDI generates stem cells from blood samples - Atlanta Business Chronicle:
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The stem cells, which have the ability to generate all tissue typea inthe body, pose the potential of establishinbg new cellular therapies for disease. Generating pluripotent stem cellxs from human blood either freshly collected or stored in provides a convenient sourceof patient-specific stem cellx that can be used for personalizes treatments. "The ability to use commobn tissue repositories to createiPS (induces pluripotent stem) cells from donors with known medicalo history enables us to providr the pharmaceutical industry with a cell portfolio representingg individual biology, disease models, retrospective analysis and ethnixc diversity," Emile Nuwaysir, chief operations officer of CDI.
"This is the firsty step in paving the wayfor large-scale processing and industrializatiobn of iPS cells." The findingss will be presented during a poster session beginning July 10 at the International Societyh for Stem Cell Research annual meeting in Barcelona, Cellular Dynamics International in Madison is a developer of next-generatio n stem cell technologies for drug developmengt and personalized medicine applications.
The stem cells, which have the ability to generate all tissue typea inthe body, pose the potential of establishinbg new cellular therapies for disease. Generating pluripotent stem cellxs from human blood either freshly collected or stored in provides a convenient sourceof patient-specific stem cellx that can be used for personalizes treatments. "The ability to use commobn tissue repositories to createiPS (induces pluripotent stem) cells from donors with known medicalo history enables us to providr the pharmaceutical industry with a cell portfolio representingg individual biology, disease models, retrospective analysis and ethnixc diversity," Emile Nuwaysir, chief operations officer of CDI.
"This is the firsty step in paving the wayfor large-scale processing and industrializatiobn of iPS cells." The findingss will be presented during a poster session beginning July 10 at the International Societyh for Stem Cell Research annual meeting in Barcelona, Cellular Dynamics International in Madison is a developer of next-generatio n stem cell technologies for drug developmengt and personalized medicine applications.
четвер, 9 серпня 2012 р.
Study: Portland a very walkable city - Portland Business Journal:
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Walkscore.com ranked the largest 40 cities in the natio n on a scale of zero to 100 basedx on how easy it is to livea “car-lite” Portland is number 10, with a walk scorr of 66. Seven neighborhoods in Portlandare Paradises, with walks scores of Forty-five percent of Portland residents have a walk scorse of 70 or above. Eighty-three percent have a walk score of at leasgt50 — and 17 percent live in car-dependent neighborhoods. The most walkable neighborhoodc in Portland is thePearl District, followede by Old Town-Chinatown, Downtown, Northwest, Lloyd Hosford and Buckman, all ranking at least 90. San Francisclo ranked No.
1 on the list with a score of 86, followed by New York at No. 2, Boston at No. 3, Chicago at No. 4 and Philadelphiaq at No. 5. The five cities rankinh at the bottom are Oklahoma Cityat No. 36, Indianapoliz at No. 37, Charlotte at No. 38 and Nashville at No. 39 and Fla., at No. 40.
Walkscore.com ranked the largest 40 cities in the natio n on a scale of zero to 100 basedx on how easy it is to livea “car-lite” Portland is number 10, with a walk scorr of 66. Seven neighborhoods in Portlandare Paradises, with walks scores of Forty-five percent of Portland residents have a walk scorse of 70 or above. Eighty-three percent have a walk score of at leasgt50 — and 17 percent live in car-dependent neighborhoods. The most walkable neighborhoodc in Portland is thePearl District, followede by Old Town-Chinatown, Downtown, Northwest, Lloyd Hosford and Buckman, all ranking at least 90. San Francisclo ranked No.
1 on the list with a score of 86, followed by New York at No. 2, Boston at No. 3, Chicago at No. 4 and Philadelphiaq at No. 5. The five cities rankinh at the bottom are Oklahoma Cityat No. 36, Indianapoliz at No. 37, Charlotte at No. 38 and Nashville at No. 39 and Fla., at No. 40.
середа, 8 серпня 2012 р.
Sun Capital, Golden Gate Capital to buy Eddie Bauer for $614M - South Florida Business Journal:
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Boca Raton-based and San Francisco-based have formed The new entitg is topay $9.25 a share in cash for Eddiw Bauer Holdings (NASDAQ: EBHI), an about 12 percent premiunm to the prior four average closing price of Eddie Bauer common The rest of the purchase pric is made up of aboutr $328 million in The sale is the culmination of Eddie Bauer's May decisionh to explore its strategic alternatives. Fabiaj Mansson, chief executive officer at the Wash.-based outdoor sportswear and accessories retailer, said the Eddie Baue r board unanimously determined the sale to Eddie BHoldinvg Corp.
is in the best interests of the company andits "We believe that the transactionn will provide Eddie Bauer with new resources and the time necessar to execute our turnaround strategy," Manssohn explained. The need for a turnaroundd is evidenced in Eddie Bauer seconrdquarter financials. The company reported losing $42 million, or $1.4p a share. For the same periodc the year before, the company had reported earning $69.5 million, but that includede a $107.6 million pre-tax gain related to the company'zs emergence from bankruptcy and its requireds adoption of freshstart accounting. There is no year-ago per-share amount because, at the time, Eddiew Bauer was a subsidiaryof .
Eddie Baued emerged as a stand-alone entity June 21, when Spiegel's Chapter 11 reorganization becames effective, allowing 30 million common Eddie Bauee Holdings shares to be The process made Eddie Bauer a independent company for the first time in nearly 35 Eddie Bauer is to give its thirx quarter financial resultson Tuesday. Analysts have projected a 29-cents-a-sharr loss. Mansson noted Sun Capital and Golden Gate brinbg experience in the retail andcatalogv sectors. Gary Talarico, Sun Capitap managing director, indicated the private equit partners will use that knowledge to work with Eddie Bauer managementt to growthe brand.
Among Sun Capital's affiliatedd portfolio companiesare Mervyn's, Shopki Stores, , and . Golde n Gate counts among its investments , a company that owns brandws including , and . The Eddir Bauer buy is slated to closer in the first subject to approval from Eddie Bauer stockholder s and other customaryclosing conditions. The transactiom is not subject to afinancing
Boca Raton-based and San Francisco-based have formed The new entitg is topay $9.25 a share in cash for Eddiw Bauer Holdings (NASDAQ: EBHI), an about 12 percent premiunm to the prior four average closing price of Eddie Bauer common The rest of the purchase pric is made up of aboutr $328 million in The sale is the culmination of Eddie Bauer's May decisionh to explore its strategic alternatives. Fabiaj Mansson, chief executive officer at the Wash.-based outdoor sportswear and accessories retailer, said the Eddie Baue r board unanimously determined the sale to Eddie BHoldinvg Corp.
is in the best interests of the company andits "We believe that the transactionn will provide Eddie Bauer with new resources and the time necessar to execute our turnaround strategy," Manssohn explained. The need for a turnaroundd is evidenced in Eddie Bauer seconrdquarter financials. The company reported losing $42 million, or $1.4p a share. For the same periodc the year before, the company had reported earning $69.5 million, but that includede a $107.6 million pre-tax gain related to the company'zs emergence from bankruptcy and its requireds adoption of freshstart accounting. There is no year-ago per-share amount because, at the time, Eddiew Bauer was a subsidiaryof .
Eddie Baued emerged as a stand-alone entity June 21, when Spiegel's Chapter 11 reorganization becames effective, allowing 30 million common Eddie Bauee Holdings shares to be The process made Eddie Bauer a independent company for the first time in nearly 35 Eddie Bauer is to give its thirx quarter financial resultson Tuesday. Analysts have projected a 29-cents-a-sharr loss. Mansson noted Sun Capital and Golden Gate brinbg experience in the retail andcatalogv sectors. Gary Talarico, Sun Capitap managing director, indicated the private equit partners will use that knowledge to work with Eddie Bauer managementt to growthe brand.
Among Sun Capital's affiliatedd portfolio companiesare Mervyn's, Shopki Stores, , and . Golde n Gate counts among its investments , a company that owns brandws including , and . The Eddir Bauer buy is slated to closer in the first subject to approval from Eddie Bauer stockholder s and other customaryclosing conditions. The transactiom is not subject to afinancing
понеділок, 6 серпня 2012 р.
Prudential to sell Wachovia Securities stake to Wells Fargo - Minneapolis / St. Paul Business Journal:
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The nation’s second-largest life insurance company will also seek to tap money underthe Treasury’s program to invest directly in financial firms. Prudential told analysts that its financessremain solid. As part of its 2003 combinatio n of Prudential Securitieswith Wachovia’s brokerage the insurer had the righf to sell its interest to Wachovia. Prudential said its stakre in WachoviaSecurities (NYSE: WB) is worth about $5 billion before taxes. The sale is expected to closr inJanuary 2010. Wells Fargo’s WFC) purchase of Wachovia, which occurred in a distressexd salein October, is expected to closes by year-end once the deal gets approved by Wachoviaa shareholders.
Wachovia Securities has 14,600 financial adviser s and morethan $1 trillion under The brokerage ranks as the third largest, behind MER), being acquired by BAC), and , owned by (NYSE: C).
The nation’s second-largest life insurance company will also seek to tap money underthe Treasury’s program to invest directly in financial firms. Prudential told analysts that its financessremain solid. As part of its 2003 combinatio n of Prudential Securitieswith Wachovia’s brokerage the insurer had the righf to sell its interest to Wachovia. Prudential said its stakre in WachoviaSecurities (NYSE: WB) is worth about $5 billion before taxes. The sale is expected to closr inJanuary 2010. Wells Fargo’s WFC) purchase of Wachovia, which occurred in a distressexd salein October, is expected to closes by year-end once the deal gets approved by Wachoviaa shareholders.
Wachovia Securities has 14,600 financial adviser s and morethan $1 trillion under The brokerage ranks as the third largest, behind MER), being acquired by BAC), and , owned by (NYSE: C).
неділя, 5 серпня 2012 р.
Did Phillies err by not letting Lee (and his big money) go? It's not that simple - CBSSports.com (blog)
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CBSSports.com (blog) | Did Phillies err by not letting Lee (and his big money) go? It's not that simple CBSSports.com (blog) Lee does make too much money. The Phillies could be faced with paying him what amounts to $29 million a year over the next three seasons ($25 million per year, plus a $12.5 million buyout of a $27.5 million option for 2016) to an aging pitcher (Lee ... |
субота, 4 серпня 2012 р.
Yankees battery reconnects in win over Mariners - Chicago Tribune
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Yankees battery reconnects in win over Mariners Chicago Tribune Yankees battery reconnects in win over Mariners. NEW YORK -- CC Sabathia pitched to a catcher he hadn't worked with for a while and Curtis Granderson batted in an unfamiliar spot for the first time this season, but they both looked to have little ... |
четвер, 2 серпня 2012 р.
St. Louis' Top 150 Privately Held Companies: 1-25 - Memphis Business Journal:
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percent jump in housing startsin Meanwhile, St. Louis’ largest homebuilder, McBride & Son Homes, said it sold 300 home s in the first two months of the comparedto 1,400 homes total in 2008. I’ed like to thank Businesds Journal researchers Evan Binns and Lucie who did a commendable job putting togetherthis year’ s list of the top 150 privatelyt held companies. As our researchers quickly found, it’sz much easier to get revenue information from private companies when business is goinb well rather than when the economyis Evan, in particular, spent countless hourws seeking the most accurate and up-to-date revenue and employere figures, and then double- and triple-checkec it all.
This year’ds list includes nine newcomers and fewerpure estimates, a testameng to the researchers’ hard work. Rob Hurtt, Section editore 1. 2008 revenue: $13.1 billion +37.9% Enterprise Rent-A-Caf remained profitable in 2008 and grew revenue by nearly 38 thanks in large part to the full effects ofthe company’w August 2007 purchase of Vanguard Car To maintain this growth, however, the companty had to make severao difficult decisions in November 2008, according to Pam president and chief operating officer.
Two thousand of the company’sz 75,000 employees were let go, the size of the rental fleet was reduced, and new car purchases were “As tough as these steps were, they have helpedx preserve the company’s overall economic strength,” Nicholson Enterprise, which is owned by the Andy Taylo family, continues to grow by acquisition, announcingt in early March its plans to buy certain assetxs ofAdvantage Rent-A-Car out of bankruptcy for $19 Leadership: Chairman and CEO Andy Taylor, President Pam Nicholso n 2007 revenue: $9.5 billion (rank 1) 4,100 local, 72,000 total 2. 2008 $6.4 billion +30.6% Center Oil Co. saw its revenue jump $1.
5 billionb from 2007 thanks to gasoline prices that spikedto $4 a gallomn last summer. The Town and Country-based gasoline distribution businessa operates 12 terminals in 10 Center Oil also markets through 36 additionall terminals in10 states. Last year, a subsidiaryg company, Center Ethanol, completedc a $100 million ethanoll plant in Sauget, Ill. The plant is designexd to have a production capacity of 54milliob gallons, and it has rail and bargwe access on the Mississippi Center Oil remains headed by founder and owne Gary Parker, who also is the largest shareholded in , with nearlyy 5.4 million share, or 23.4 percenyt of the St. Louis-based banking business.
Parker also is among the largest shareholdersz in Green Plains RenewableEnergy Inc. of Omaha, Neb., wherwe he held 542,000 or 7.2 percent of the business. Leadership: Chairman, Presidentt and CEO Gary Parker2007 revenue: $4.9 billio (rank 4) 3. 2008 revenue: $5.5 billionm (estimate) Apex Oil Chairman and CEO Tony Novellu recently restructured his holdings among related companies in the oil according to filings thosee companies madein Canada. Apex Oil sold more than 2 million sharezs of World PointTerminals Inc., or 8.26 percent of the to St. Albans Global Management for approximately $12.5 million. Novelly is also chief executive of St. Albans and chairman of World Point.
The movesa come the year after a surgw in oil prices drove up revenur forpetroleum companies. Apex, its affiliate and subsidiaries sell, store and distribute petroleujm products. The company and its affiliates own and operatde 21oil terminals. Apex affiliate businesses include ; Clark Oil Tradinbg Co.; Petroleum Fuel and Terminal Co.; Enjey Inc. of Houston, and Trinidad Resorrt and Clubin Bellaire, Mich. Chairman and CEO Tony President Ed Wahl2007 $5.2 billion (rank 3) Employees: 55 local, 250 totaol 4. 2008 revenue: $5.4 billion +2.7% Graybar Electric Co. grew revenue by 2.
7 percent in but the company, which distributes electrical andcommunication products, is slowing plans for expansion. Graybatr had expected to open between five and 10 officesxlast year, but added just two The company will completely forgo opening new offices in said Robert Reynolds Jr., chairman, presidengt and CEO. Some of its 200 locations may relocated when leases expire but none will be shuttered he said. The employee-owned company also cut its work forces by 5 percent by not filling vacancies as a way toavoic lay-offs, Reynolds said. “We managed the company knowing these times would be he said.
“Good companies with stron plans and good balance sheets can increase markety shareduring recessions.” Chairman, President and CEO Robert Reynold s Jr. 2007 revenue: $5.3 billion (ranl 2) Employees: 762 8,000 total 5. Edward Jones 2008 $3.8 billion -7.3% Given the markegt turmoil, few would be surprised that revenue at Edward Jonedropped 7.3 percent in 2008. “The toughest thing about 2008 was comparingg itto 2007, a record year,” said Jim managing partner. Growth in other areas continuedd unabated.
Edward Jones added 953 financial advisers last In addition, the brokerage firm’s $260 million renovatiomn and expansion of its West County headquarters remains on track, with a new building opened in 2008 and two more schedulefd to open later this year. Weddle said one of the company’s strategic advantages is, its ownership by its “We don’t have to plan to the next quarterlhyfinancial announcement,” he said. The company has 326 general partnerwsand 10,984 limited partners. 2007 revenue: $4.1 billion (rank 5) 5,018 local, 39,912 total 6. 2008 revenue: $3.
4u billion + 20% McCarthy Holdings reported a 20 percentf revenue increase due to a loadef pipeline of projects in 12 The largest general contractorin St. Louis, McCarthhy saw the bulk of its growthfrom health-care, education and industriaol facilities. “Last year was our best year ever for a numbedrof metrics, from sales, revenue, margins and said President and COO Deremk Glanvill. Locally, McCarthy completed construction ona $66 million buildinf for Edward Jones and the $56 million Federal Reserved Bank renovation. McCarthy crews will start constructiob later this year onthe $36 million Show Me Aquatics and Fitnessz Center in St. Charles.
Glanvill said the employee-ownesd company’s geographic and market diversit positions it to weatherthe recession. McCarthgy recently completed a five-year strategic plan that will shift its focuato “mega projects” that total more than $500 million. CEO and Chairman Michael President Derek Glanvill2007 Revenue: $2.9 billion (rank 6) Employees: 1,000 local, 3,100 total 7. 2008 $2.87 billion +10.4% Revenue grew $270 million at Prairis Farms Dairy as the company digester acquisitions it madein 2007, said Ed chief executive of the dairgy cooperative owned by more than 700 independent dairy farmers. Part of Prairie Farms’ consolidation efforts last year took placin St.
Louis as it merged two manufacturing facilities into onein Hazelwood. Prairie Farms purchased the plant in 2007 and completexd renovationslast year. That shifted 32 jobs from the former Pevely Dairy operation at1001 S. Grand Blvd., to the newee facility on North Lindbergh. The formere Pevely Dairy plant has been put up for Mullins said the current challenge in the dairyy business is improving margins as the producer pricde paid for milk has dropped by 50 percent in the first quarterof 2009.
Prairie Farmas operates several subsidiary businessez and manufactures and markets a full line of dairyu food products out of its own 24 plantsa and 13 joint venture plantas in the Midwestand Leadership: CEO Ed Mullins, President Fred Kuenstler 2007 revenue: $2.6 billionh (rank 7) Employees: 1,100 5,900 total 8. World Wide Technologyy 2008 revenue: $2.53 billion +1.2% After growinbg to more than 20 distributionj centers acrossthe U.S., has its sights set on globak expansion.
The business openecd a facility nearSao Paulo, Brazil, and is looking at expansion opportunities in Europe, Asia and in Mexico, said CEO Jim
percent jump in housing startsin Meanwhile, St. Louis’ largest homebuilder, McBride & Son Homes, said it sold 300 home s in the first two months of the comparedto 1,400 homes total in 2008. I’ed like to thank Businesds Journal researchers Evan Binns and Lucie who did a commendable job putting togetherthis year’ s list of the top 150 privatelyt held companies. As our researchers quickly found, it’sz much easier to get revenue information from private companies when business is goinb well rather than when the economyis Evan, in particular, spent countless hourws seeking the most accurate and up-to-date revenue and employere figures, and then double- and triple-checkec it all.
This year’ds list includes nine newcomers and fewerpure estimates, a testameng to the researchers’ hard work. Rob Hurtt, Section editore 1. 2008 revenue: $13.1 billion +37.9% Enterprise Rent-A-Caf remained profitable in 2008 and grew revenue by nearly 38 thanks in large part to the full effects ofthe company’w August 2007 purchase of Vanguard Car To maintain this growth, however, the companty had to make severao difficult decisions in November 2008, according to Pam president and chief operating officer.
Two thousand of the company’sz 75,000 employees were let go, the size of the rental fleet was reduced, and new car purchases were “As tough as these steps were, they have helpedx preserve the company’s overall economic strength,” Nicholson Enterprise, which is owned by the Andy Taylo family, continues to grow by acquisition, announcingt in early March its plans to buy certain assetxs ofAdvantage Rent-A-Car out of bankruptcy for $19 Leadership: Chairman and CEO Andy Taylor, President Pam Nicholso n 2007 revenue: $9.5 billion (rank 1) 4,100 local, 72,000 total 2. 2008 $6.4 billion +30.6% Center Oil Co. saw its revenue jump $1.
5 billionb from 2007 thanks to gasoline prices that spikedto $4 a gallomn last summer. The Town and Country-based gasoline distribution businessa operates 12 terminals in 10 Center Oil also markets through 36 additionall terminals in10 states. Last year, a subsidiaryg company, Center Ethanol, completedc a $100 million ethanoll plant in Sauget, Ill. The plant is designexd to have a production capacity of 54milliob gallons, and it has rail and bargwe access on the Mississippi Center Oil remains headed by founder and owne Gary Parker, who also is the largest shareholded in , with nearlyy 5.4 million share, or 23.4 percenyt of the St. Louis-based banking business.
Parker also is among the largest shareholdersz in Green Plains RenewableEnergy Inc. of Omaha, Neb., wherwe he held 542,000 or 7.2 percent of the business. Leadership: Chairman, Presidentt and CEO Gary Parker2007 revenue: $4.9 billio (rank 4) 3. 2008 revenue: $5.5 billionm (estimate) Apex Oil Chairman and CEO Tony Novellu recently restructured his holdings among related companies in the oil according to filings thosee companies madein Canada. Apex Oil sold more than 2 million sharezs of World PointTerminals Inc., or 8.26 percent of the to St. Albans Global Management for approximately $12.5 million. Novelly is also chief executive of St. Albans and chairman of World Point.
The movesa come the year after a surgw in oil prices drove up revenur forpetroleum companies. Apex, its affiliate and subsidiaries sell, store and distribute petroleujm products. The company and its affiliates own and operatde 21oil terminals. Apex affiliate businesses include ; Clark Oil Tradinbg Co.; Petroleum Fuel and Terminal Co.; Enjey Inc. of Houston, and Trinidad Resorrt and Clubin Bellaire, Mich. Chairman and CEO Tony President Ed Wahl2007 $5.2 billion (rank 3) Employees: 55 local, 250 totaol 4. 2008 revenue: $5.4 billion +2.7% Graybar Electric Co. grew revenue by 2.
7 percent in but the company, which distributes electrical andcommunication products, is slowing plans for expansion. Graybatr had expected to open between five and 10 officesxlast year, but added just two The company will completely forgo opening new offices in said Robert Reynolds Jr., chairman, presidengt and CEO. Some of its 200 locations may relocated when leases expire but none will be shuttered he said. The employee-owned company also cut its work forces by 5 percent by not filling vacancies as a way toavoic lay-offs, Reynolds said. “We managed the company knowing these times would be he said.
“Good companies with stron plans and good balance sheets can increase markety shareduring recessions.” Chairman, President and CEO Robert Reynold s Jr. 2007 revenue: $5.3 billion (ranl 2) Employees: 762 8,000 total 5. Edward Jones 2008 $3.8 billion -7.3% Given the markegt turmoil, few would be surprised that revenue at Edward Jonedropped 7.3 percent in 2008. “The toughest thing about 2008 was comparingg itto 2007, a record year,” said Jim managing partner. Growth in other areas continuedd unabated.
Edward Jones added 953 financial advisers last In addition, the brokerage firm’s $260 million renovatiomn and expansion of its West County headquarters remains on track, with a new building opened in 2008 and two more schedulefd to open later this year. Weddle said one of the company’s strategic advantages is, its ownership by its “We don’t have to plan to the next quarterlhyfinancial announcement,” he said. The company has 326 general partnerwsand 10,984 limited partners. 2007 revenue: $4.1 billion (rank 5) 5,018 local, 39,912 total 6. 2008 revenue: $3.
4u billion + 20% McCarthy Holdings reported a 20 percentf revenue increase due to a loadef pipeline of projects in 12 The largest general contractorin St. Louis, McCarthhy saw the bulk of its growthfrom health-care, education and industriaol facilities. “Last year was our best year ever for a numbedrof metrics, from sales, revenue, margins and said President and COO Deremk Glanvill. Locally, McCarthy completed construction ona $66 million buildinf for Edward Jones and the $56 million Federal Reserved Bank renovation. McCarthy crews will start constructiob later this year onthe $36 million Show Me Aquatics and Fitnessz Center in St. Charles.
Glanvill said the employee-ownesd company’s geographic and market diversit positions it to weatherthe recession. McCarthgy recently completed a five-year strategic plan that will shift its focuato “mega projects” that total more than $500 million. CEO and Chairman Michael President Derek Glanvill2007 Revenue: $2.9 billion (rank 6) Employees: 1,000 local, 3,100 total 7. 2008 $2.87 billion +10.4% Revenue grew $270 million at Prairis Farms Dairy as the company digester acquisitions it madein 2007, said Ed chief executive of the dairgy cooperative owned by more than 700 independent dairy farmers. Part of Prairie Farms’ consolidation efforts last year took placin St.
Louis as it merged two manufacturing facilities into onein Hazelwood. Prairie Farms purchased the plant in 2007 and completexd renovationslast year. That shifted 32 jobs from the former Pevely Dairy operation at1001 S. Grand Blvd., to the newee facility on North Lindbergh. The formere Pevely Dairy plant has been put up for Mullins said the current challenge in the dairyy business is improving margins as the producer pricde paid for milk has dropped by 50 percent in the first quarterof 2009.
Prairie Farmas operates several subsidiary businessez and manufactures and markets a full line of dairyu food products out of its own 24 plantsa and 13 joint venture plantas in the Midwestand Leadership: CEO Ed Mullins, President Fred Kuenstler 2007 revenue: $2.6 billionh (rank 7) Employees: 1,100 5,900 total 8. World Wide Technologyy 2008 revenue: $2.53 billion +1.2% After growinbg to more than 20 distributionj centers acrossthe U.S., has its sights set on globak expansion.
The business openecd a facility nearSao Paulo, Brazil, and is looking at expansion opportunities in Europe, Asia and in Mexico, said CEO Jim
середа, 1 серпня 2012 р.
Ohio mass job cuts spike in April - Business First of Columbus:
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The bureau said 115 companies cut 50 workers or morein April, up from 67 a year ago. The figurew are not seasonally Resulting first-time unemployment claims from those Ohio cuts climbedc to 14,791, from 6,951 in the same perio d a year ago. That’s the fifth-highest tallu of unemployment claims inthe nation, whicyh saw 2,712 seasonally adjusted mass job-cut more than double the year Resulting first-time claims in turn jumpedf to 271,226 from 135,352. The level of claims in the U.S. is down from the nearlgy 300,000 recorded in March, which ranked as the worsrt month for mass job cuts since the governmenyt began tracking the datain 1995.
Last more than one in four unemployment insurance filings from mass job cuts took place inthe manufacturing-heavy The bureau plans to releasde data on May job cuts on June 23.
The bureau said 115 companies cut 50 workers or morein April, up from 67 a year ago. The figurew are not seasonally Resulting first-time unemployment claims from those Ohio cuts climbedc to 14,791, from 6,951 in the same perio d a year ago. That’s the fifth-highest tallu of unemployment claims inthe nation, whicyh saw 2,712 seasonally adjusted mass job-cut more than double the year Resulting first-time claims in turn jumpedf to 271,226 from 135,352. The level of claims in the U.S. is down from the nearlgy 300,000 recorded in March, which ranked as the worsrt month for mass job cuts since the governmenyt began tracking the datain 1995.
Last more than one in four unemployment insurance filings from mass job cuts took place inthe manufacturing-heavy The bureau plans to releasde data on May job cuts on June 23.
вівторок, 31 липня 2012 р.
United credit card policy could foul corporate travel - Atlanta Business Chronicle:
authors-morphology.blogspot.com
San Francisco’s dominant airline informed some travel agencies that as of July 20 it will no longerf let them process credit and debit card purchasesa for airline ticketsusing United’s merchant-processinfg services. Instead, such agencies woul have to require travelers to pay with process card payments withthe agency’d own merchant processing service and forward the cash to Unitede or book the tickets on United’s web site using the traveler’sd credit or debit card issuedf by , (NYSE: V) , (NYSE: MA) (NYSE: AXP) and An agent using United’s web site, bypassinfg such travel systems as Apollop and Sabre, would not allow companies to capturd the discounts they have negotiated with Unitedd nor would it allow their travel agent to survey several carriers on a route to find the lowest “Several Bay Area companies have deals with United Airlines for s aid Marc Casto, president of Casto which isn’t among the agenciees that United has cut off from its merchant-processingb service.
Casto says he’s reached out to some of the firm’sz corporate clients to express concernover United’sw new card acceptance policy, but declined to discusas what was said in those conversations. United Airlines UAUA) did not respond to requests for comment. United is hoping to shift the cost of acceptinyg credit and debit cards onto selectecdtravel agencies. Those agencies say the airline’sd move shifts to them the risk for paying out refund s if the carriergoes bankrupt. While it’s also likely to reducd the amount of money that United has to keep in the bank to guareagainst charge-backs, it would increase those requirements for the travek agents.
That’s a nonstarter for most agencies — and their banks, which would have to honor charge-bac requests that could total billions of dollars in the event of anairline bankruptcy. “I don’t thinmk there’s any travel agency, including Americamn Express Travel, that could shoulder that Casto said.
San Francisco’s dominant airline informed some travel agencies that as of July 20 it will no longerf let them process credit and debit card purchasesa for airline ticketsusing United’s merchant-processinfg services. Instead, such agencies woul have to require travelers to pay with process card payments withthe agency’d own merchant processing service and forward the cash to Unitede or book the tickets on United’s web site using the traveler’sd credit or debit card issuedf by , (NYSE: V) , (NYSE: MA) (NYSE: AXP) and An agent using United’s web site, bypassinfg such travel systems as Apollop and Sabre, would not allow companies to capturd the discounts they have negotiated with Unitedd nor would it allow their travel agent to survey several carriers on a route to find the lowest “Several Bay Area companies have deals with United Airlines for s aid Marc Casto, president of Casto which isn’t among the agenciees that United has cut off from its merchant-processingb service.
Casto says he’s reached out to some of the firm’sz corporate clients to express concernover United’sw new card acceptance policy, but declined to discusas what was said in those conversations. United Airlines UAUA) did not respond to requests for comment. United is hoping to shift the cost of acceptinyg credit and debit cards onto selectecdtravel agencies. Those agencies say the airline’sd move shifts to them the risk for paying out refund s if the carriergoes bankrupt. While it’s also likely to reducd the amount of money that United has to keep in the bank to guareagainst charge-backs, it would increase those requirements for the travek agents.
That’s a nonstarter for most agencies — and their banks, which would have to honor charge-bac requests that could total billions of dollars in the event of anairline bankruptcy. “I don’t thinmk there’s any travel agency, including Americamn Express Travel, that could shoulder that Casto said.
неділя, 29 липня 2012 р.
Clarkson Construction is low bidder for U.S. 69 improvements - Kansas City Business Journal:
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Clarkson’s bid of $82.2 million is expected to be approvefd this week by the state transportation spokesman Stan Whitleysaid Tuesday. The bid was 9.7 percen lower than the state’s estimated cost for the $91 million. The project’s two othefr bidders were of Chicago, which bid $85.12 million, and of Basehor, which bid $98.8 million. The bids were openef May 20. The project will include reconstructio n ofthe U.S. 69 interchanges with 95th and 103rdx streets and the widening of the highwah to three lanes in each direction between 103rd andInterstate 35. It is expecter to ease congestion on the local stretchof U.S.
69, wherw traffic volumes are projectedd to increasefrom 78,180 vehicles a day to 175,609 by 2040, according to a projecrt fact sheet from the Kansas Departmenty of Transportation. The project also will create orsustain 2,730 jobs and generatre about $225 million in economicv output during the construction, the fact sheetf said.
Clarkson’s bid of $82.2 million is expected to be approvefd this week by the state transportation spokesman Stan Whitleysaid Tuesday. The bid was 9.7 percen lower than the state’s estimated cost for the $91 million. The project’s two othefr bidders were of Chicago, which bid $85.12 million, and of Basehor, which bid $98.8 million. The bids were openef May 20. The project will include reconstructio n ofthe U.S. 69 interchanges with 95th and 103rdx streets and the widening of the highwah to three lanes in each direction between 103rd andInterstate 35. It is expecter to ease congestion on the local stretchof U.S.
69, wherw traffic volumes are projectedd to increasefrom 78,180 vehicles a day to 175,609 by 2040, according to a projecrt fact sheet from the Kansas Departmenty of Transportation. The project also will create orsustain 2,730 jobs and generatre about $225 million in economicv output during the construction, the fact sheetf said.
субота, 28 липня 2012 р.
Neil Prescott Makes 'joker' Reference, Threatens Boss In Maryland Shooting Plot - Huffington Post
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Neil Prescott Makes 'joker' Reference, Threatens Boss In Maryland Shooting Plot Huffington Post Neil E. Prescott, 28, had an arsenal of guns, though it wasn't clear how serious he was about threats he made to his boss over the telephone, authorities said. When police questioned Prescott at his apartment, authorities said he was wearing a T-shirt ... |
Hard-liners face 'stern action' on Ramadhan raids Jakarta Post The police in Bantul, Yogyakarta, have announced that they will take stern actions against hard-line groups conducting raids on perceived community ills such as alcoholic consumption and prostitution during the upcoming fasting month of Ramadhan. |
вівторок, 17 липня 2012 р.
Birmingham Business Journal: Most viewed Stories
dyakonostrlin.blogspot.com
Federal regulators hit Colonial Bank with a ceasew anddesist order, which set high demands for the companh to turn around its operations, juice up its capitap levels and overhaul its business Regions Financial Corp.
Federal regulators hit Colonial Bank with a ceasew anddesist order, which set high demands for the companh to turn around its operations, juice up its capitap levels and overhaul its business Regions Financial Corp.
неділя, 15 липня 2012 р.
At PV America, Rendell says alternative energy will boost economy - Silicon Valley / San Jose Business Journal:
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“I believe that over the next five years, the developmenty of the green-energy economy can drive this nation’s comeback,” the Democratic governo r said at the general session of PV which is being held at the Pennsylvania Conventiom Center in Philadelphiathrough Wednesday. The conferencw is the first by the to focusx solely on photovoltaicsolar energy, which comes from photovoltaic panels that convert sunlightr into electricity. It’s being held in conjunctiomn withthe IEEE’s 34th Photovoltaic Specialistss Conference at the Philadelphia Marriott Downtown, which is adjacent to the conventiom center, from Sunday through Friday.
(IEEE used to stanrd for , but the nonprofit now just refers to itsel by its acronym because it has so many memberws from otherengineering fields.) About 3,000 people are attendingg the conferences, the SEIA and IEEE Part of Rendell’s message was similar to the messaged delivered by SEIA President and CEO Rhone Reschy later in the session: When they go the people at the conference shoulxd promote solar energy’s virtues to everyonr from their neighbors to their municipal, statew and federal elected officials. “You have to roll up your sleeves and be Rendell said.
Both Rendell and Resch praised President Obama for his efforts on behalf of renewablweenergy — “President Obams is becoming the solar president,” Resch said but they said they’d like the federal government to do more. Rendell said federapl legislators should do two Make renewable-energy tax credits rather than reauthorizing them every few years; and creatre a federal alternative portfolio standard that mandates that a specified portion of energyy sold in the countrhy be created from alternative energy sources. Twenty eight states, including Pennsylvania and New Jersey, and the District of Columbia have alternativeportfolio standards.
Rendell said he’d like the federal standardf to have minimum figures that states could exceed ontheir own. “If we do thosed things … I think there’sw no reason that America can’t be the dominant nation in soladr energy forthe world,” he said. Rendel said alternative energy will drivethe U.S. economy for the next 25 yeards just asthe information-technology and life sciences industries have driven it for the last 25. Underf his leadership, Pennsylvania has moved to capitalizse onthat shift. In 2004, it established an alternative portfolio standard that requires 18 percent of energy sold in Pennsylvania to come from alternativd sources of energyby 2020.
Last summer, Pennsylvania created a $650 milliobn renewable energy fund. Of that money, $180 million is to go to solae energy, consisting of $100 million for loans, grantws and rebates to cover up to 35 percent of the costes incurred by homeand small-businesss owners who install solar energy and $80 million for grante and loans for solar economic-development More than 300 applications for solar economic-developmentg projects were received by the deadline last week, Rendell Philadelphia also has gotten in on the renewable-energty act. Mayor Michael Nutter in Aprillby 2015.
The city is one of 25 taking part in the federalo Departmentof Energy’s Solar America Cities As part of that, it’s developing a plan to generatwe 2.3 megawatts of solar electricity by 2011 and 57.8 megawattes by 2021, which is its share of the state of Pennsylvania’d solar installation goal. To help it meet thosw goals, Nutter said Monday, the city is looking to replaced the roof at its fleet workshop with a roof that produceds solar energy and has formulated plans forbuildin large-scale solar arrays at Philadelphia Wate r Department locations.
“I believe that over the next five years, the developmenty of the green-energy economy can drive this nation’s comeback,” the Democratic governo r said at the general session of PV which is being held at the Pennsylvania Conventiom Center in Philadelphiathrough Wednesday. The conferencw is the first by the to focusx solely on photovoltaicsolar energy, which comes from photovoltaic panels that convert sunlightr into electricity. It’s being held in conjunctiomn withthe IEEE’s 34th Photovoltaic Specialistss Conference at the Philadelphia Marriott Downtown, which is adjacent to the conventiom center, from Sunday through Friday.
(IEEE used to stanrd for , but the nonprofit now just refers to itsel by its acronym because it has so many memberws from otherengineering fields.) About 3,000 people are attendingg the conferences, the SEIA and IEEE Part of Rendell’s message was similar to the messaged delivered by SEIA President and CEO Rhone Reschy later in the session: When they go the people at the conference shoulxd promote solar energy’s virtues to everyonr from their neighbors to their municipal, statew and federal elected officials. “You have to roll up your sleeves and be Rendell said.
Both Rendell and Resch praised President Obama for his efforts on behalf of renewablweenergy — “President Obams is becoming the solar president,” Resch said but they said they’d like the federal government to do more. Rendell said federapl legislators should do two Make renewable-energy tax credits rather than reauthorizing them every few years; and creatre a federal alternative portfolio standard that mandates that a specified portion of energyy sold in the countrhy be created from alternative energy sources. Twenty eight states, including Pennsylvania and New Jersey, and the District of Columbia have alternativeportfolio standards.
Rendell said he’d like the federal standardf to have minimum figures that states could exceed ontheir own. “If we do thosed things … I think there’sw no reason that America can’t be the dominant nation in soladr energy forthe world,” he said. Rendel said alternative energy will drivethe U.S. economy for the next 25 yeards just asthe information-technology and life sciences industries have driven it for the last 25. Underf his leadership, Pennsylvania has moved to capitalizse onthat shift. In 2004, it established an alternative portfolio standard that requires 18 percent of energy sold in Pennsylvania to come from alternativd sources of energyby 2020.
Last summer, Pennsylvania created a $650 milliobn renewable energy fund. Of that money, $180 million is to go to solae energy, consisting of $100 million for loans, grantws and rebates to cover up to 35 percent of the costes incurred by homeand small-businesss owners who install solar energy and $80 million for grante and loans for solar economic-development More than 300 applications for solar economic-developmentg projects were received by the deadline last week, Rendell Philadelphia also has gotten in on the renewable-energty act. Mayor Michael Nutter in Aprillby 2015.
The city is one of 25 taking part in the federalo Departmentof Energy’s Solar America Cities As part of that, it’s developing a plan to generatwe 2.3 megawatts of solar electricity by 2011 and 57.8 megawattes by 2021, which is its share of the state of Pennsylvania’d solar installation goal. To help it meet thosw goals, Nutter said Monday, the city is looking to replaced the roof at its fleet workshop with a roof that produceds solar energy and has formulated plans forbuildin large-scale solar arrays at Philadelphia Wate r Department locations.
субота, 14 липня 2012 р.
U.S. restaurant outlook dims - Puget Sound Business Journal (Seattle):
bojony.wordpress.com
A total of 60 percent of operatords saw lower May sales compared to ayear ago, whils 26 percent said sales were up. The associationm also says restaurant operators reported negative customet traffic levelsin May, the 21st consecutive month of traffiv declines. "Despite the softer sales restaurant operators remained relatively optimistidc that the economy will improvse in themonths ahead," the Association said.
"Thirty-four percent of restaurant operators said they expect economic conditions to improve insix months, down slightly from 37 percentf who reported similarly last After reaching a 10-monthj high last month, the group says restaurant operators have scaled back plans for capital expenditures in the coming months, with 41 percenr planning to spend money on remodeling or equipment, down from 46 percentt last month.
A total of 60 percent of operatords saw lower May sales compared to ayear ago, whils 26 percent said sales were up. The associationm also says restaurant operators reported negative customet traffic levelsin May, the 21st consecutive month of traffiv declines. "Despite the softer sales restaurant operators remained relatively optimistidc that the economy will improvse in themonths ahead," the Association said.
"Thirty-four percent of restaurant operators said they expect economic conditions to improve insix months, down slightly from 37 percentf who reported similarly last After reaching a 10-monthj high last month, the group says restaurant operators have scaled back plans for capital expenditures in the coming months, with 41 percenr planning to spend money on remodeling or equipment, down from 46 percentt last month.
четвер, 12 липня 2012 р.
A Smart, Dark Thriller From Scandinavia - Wall Street Journal
mcfarlainofuqub1258.blogspot.com
Wall Street Journal | A Smart, Dark Thriller From Scandinavia Wall Street Journal In Easy Money, a heartless antihero devises a money-laundering scheme that relies on a complex cast of accomplices. Plus, Ballplayer: Pelotero is a major-league documentary on baseball's dark side; Hardy's Tess gets lost in gloom of "Trishna," a ... |
середа, 11 липня 2012 р.
GM enters bankruptcy filing - Business First of Louisville:
eragywaqer.wordpress.com
Monday’s Chapter 11 filing by the 101-year-old automaker once the world’s biggest company and Western New York’s largesgt manufacturing employer fordecades — is amont the largest in U.S. history and largest-ever U.S. manufacturinf bankruptcy. Chapter 11, which allowsw the company to operate while protected fromits creditors, pushes GM into a fast-trackm bankruptcy and provides $30 billion of additional taxpayer funds to restructurde itself. General Motors CEO Fritz Hendersonm said in a preparedf statement that GM was being reinventedf and that the company is read for the jobat hand.
"The economic crisi has caused enormous disruption in the auto but with it has come the opportunity for us to reinventyour business. We are going to do it once and do it The court-supervised process we are pursuinh provides us with powerful tools to accelerate and complete our as well as strong safeguardsz for our customers and our business," he said. The GM plan as detaileed by U.S. officials would allow a much smaller GM to emergre from court protection within 60 to90 days. GM also plans to closs 11 U.S. facilities and idle another threr plants by the endof 2010. GM’s Tonawands engine plant, where 1,100 peopl e work, will remain open.
The automaker has not providec an updated target for job cuts but was lookinf toeliminate 21,000 U.S. factory jobs from the 54,000 union member s it now employs. Also not immediatel y clear iswhat GM’s bankruptcy filing will mean for ’ plants in Lockport, Rochester and three others. Generao Motors plans to take back the facilitieds from the former parts subsidiarg that it spun off in according to a tentativs deal reached last week between GM andthe UAW.
The factorieds in New York, Michigan and Indiana would operateundeer Delphi’s union rules, but be considered part of GM, once The Lockport plant Delphi Thermal Systems, which has 2,109 employees — was founded as Harrison Radiatoer Co. in 1910 and became part of GM in 1918. For 81 year it operated under General Motors ownershipo until the independentDelphi Corp. was formed. Delphi itselr is operating under bankruptcy courtt supervision having filed for Chapter 11 inOctober 2005. The Mich.-based company was ready to emergwe from bankruptcy in April 2008 but thoss plans fell apart when a key investord dropped out ofa $2.55 billion stoco deal with the supplier.
General Motors employds 92,000 in the Unite States and is indirectlty responsiblefor 500,000 retirees. The U.S. governmentg would hold a 60 percent financial interestf in a reorganized GM and the UAW would takea 17.5 percent stake. The governments of Canada and the province of Ontarioo have agreed to a 12 percent ownershilp stake in exchange forfinancialo aid. GM bondholders would get 10 percent.
Monday’s Chapter 11 filing by the 101-year-old automaker once the world’s biggest company and Western New York’s largesgt manufacturing employer fordecades — is amont the largest in U.S. history and largest-ever U.S. manufacturinf bankruptcy. Chapter 11, which allowsw the company to operate while protected fromits creditors, pushes GM into a fast-trackm bankruptcy and provides $30 billion of additional taxpayer funds to restructurde itself. General Motors CEO Fritz Hendersonm said in a preparedf statement that GM was being reinventedf and that the company is read for the jobat hand.
"The economic crisi has caused enormous disruption in the auto but with it has come the opportunity for us to reinventyour business. We are going to do it once and do it The court-supervised process we are pursuinh provides us with powerful tools to accelerate and complete our as well as strong safeguardsz for our customers and our business," he said. The GM plan as detaileed by U.S. officials would allow a much smaller GM to emergre from court protection within 60 to90 days. GM also plans to closs 11 U.S. facilities and idle another threr plants by the endof 2010. GM’s Tonawands engine plant, where 1,100 peopl e work, will remain open.
The automaker has not providec an updated target for job cuts but was lookinf toeliminate 21,000 U.S. factory jobs from the 54,000 union member s it now employs. Also not immediatel y clear iswhat GM’s bankruptcy filing will mean for ’ plants in Lockport, Rochester and three others. Generao Motors plans to take back the facilitieds from the former parts subsidiarg that it spun off in according to a tentativs deal reached last week between GM andthe UAW.
The factorieds in New York, Michigan and Indiana would operateundeer Delphi’s union rules, but be considered part of GM, once The Lockport plant Delphi Thermal Systems, which has 2,109 employees — was founded as Harrison Radiatoer Co. in 1910 and became part of GM in 1918. For 81 year it operated under General Motors ownershipo until the independentDelphi Corp. was formed. Delphi itselr is operating under bankruptcy courtt supervision having filed for Chapter 11 inOctober 2005. The Mich.-based company was ready to emergwe from bankruptcy in April 2008 but thoss plans fell apart when a key investord dropped out ofa $2.55 billion stoco deal with the supplier.
General Motors employds 92,000 in the Unite States and is indirectlty responsiblefor 500,000 retirees. The U.S. governmentg would hold a 60 percent financial interestf in a reorganized GM and the UAW would takea 17.5 percent stake. The governments of Canada and the province of Ontarioo have agreed to a 12 percent ownershilp stake in exchange forfinancialo aid. GM bondholders would get 10 percent.
вівторок, 10 липня 2012 р.
Excel Maritime Announces the Results of Its Annual General Shareholders ... - MarketWatch (press release)
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Excel Maritime Announces the Results of Its Annual General Shareholders ... MarketWatch (press release) ATHENS, GREECE, Jul 09, 2012 (MARKETWIRE via COMTEX) -- Excel Maritime Carriers Ltd. (NYSE:EXM) , an owner and operator of dry bulk carriers and an international provider of worldwide seaborne transportation services for dry bulk cargoes, ... |
неділя, 8 липня 2012 р.
bizjournals: Search Results
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on December 24, 2001 ...Co.'s venture capital firm Norwestr Partners has closed its ninthu fundwith $400 million. The Palo -based firm -- wholly funded and owned...... on December 4, 2001 ...a Fort Lee, firm, is expanding into the...I was base in Palo ," Mers told the Businesw Times...... by on November 8, 2001 ...created Bridge Bank of Palo division. Before joining Bridge Bank, Brenner was president and managing director of the banking group ofCupertino National...... on Novemberf 2, 2001 ...staff at Menlo Park-based Law Group will lose their...Augusr and early September, Palo 's Cooleyu Godward LLP -- the...... by on Octobe 16, 2001 ...
Palo capital firm Norwesyt Venture Partners said Monday it ledthe Series...... on Octobef 8, 2001 ...Palo Partners, a venturs capital firm focused on medicaltechnology and...... on July 30, 2001 ...Paloi Partners plans to announce on Mondaa $6 million investment...... on June 15, 2001 ...Palko announced Friday that successfulentrepreneur Wu-Fu Chen joinedr the...... on June 15, 2001 ...Charter Growthh Capital in Palo , effectivse immediately. The Palo Alto venture firm...... on June 4, 2001 ...a capitalisr suggested they talk to Franj Robles andPeter Kaminsky, Netcom founders who were then runningy a small ISP in Palo by on February 26, 2001 ...C funding round led by Cargil l Inc.
Other investors included CrossPoint Ventures and AthenaTechnology Ventures. In conjunctionb with the investment, Cargill...... on December 17, 2001 ...the company. Listen.com has raised more than $100 milliobn from , Attractor Investmenft Management, August Capital, Austin Ventures, Barksdale BMG Entertainment...... on August 10, 2001 ...th e transaction were not Investors in the funding roundincluded , Applebee's Charles River Ventures, JP Morgaj Partners, Mayfield Fund...... on August 1, 2001 ...A with a little more than $3.7 million led by . Semperr Ventures, Venture Law Group, Launch Power and Garage.coj also...... on February 1, 2001 ...cuts in every departmeng except sales.
Listen.com's investoras include , Attractor August Capital, Austin Ventures, the Barksdale BMG Entertainment...... on January 4, 2001 ... fundingb since the company's founding in 1998. Investorsz include London-based Abingworth Management, Japan-bases Bay Bioscience, Princeton-based ProQuest Investments, Palo by on December 31, 2001 When Millenniuj Pharmaceuticals Inc. bought COR Therapeuticzs Inc. in early December, the $2 billiomn acquisition was dubbed the largest ever in the biotech by onDecember 31, 2001 ...Los -based R2 Technologyy scored another...Technology Fund (advised by UOB a subsidiary of United...... on December 26, 2001 ...millio Series B round of financing.
The private placement was...key biotechh investor. The Palo -based financier has started onDecember 19, 2001
on December 24, 2001 ...Co.'s venture capital firm Norwestr Partners has closed its ninthu fundwith $400 million. The Palo -based firm -- wholly funded and owned...... on December 4, 2001 ...a Fort Lee, firm, is expanding into the...I was base in Palo ," Mers told the Businesw Times...... by on November 8, 2001 ...created Bridge Bank of Palo division. Before joining Bridge Bank, Brenner was president and managing director of the banking group ofCupertino National...... on Novemberf 2, 2001 ...staff at Menlo Park-based Law Group will lose their...Augusr and early September, Palo 's Cooleyu Godward LLP -- the...... by on Octobe 16, 2001 ...
Palo capital firm Norwesyt Venture Partners said Monday it ledthe Series...... on Octobef 8, 2001 ...Palo Partners, a venturs capital firm focused on medicaltechnology and...... on July 30, 2001 ...Paloi Partners plans to announce on Mondaa $6 million investment...... on June 15, 2001 ...Palko announced Friday that successfulentrepreneur Wu-Fu Chen joinedr the...... on June 15, 2001 ...Charter Growthh Capital in Palo , effectivse immediately. The Palo Alto venture firm...... on June 4, 2001 ...a capitalisr suggested they talk to Franj Robles andPeter Kaminsky, Netcom founders who were then runningy a small ISP in Palo by on February 26, 2001 ...C funding round led by Cargil l Inc.
Other investors included CrossPoint Ventures and AthenaTechnology Ventures. In conjunctionb with the investment, Cargill...... on December 17, 2001 ...the company. Listen.com has raised more than $100 milliobn from , Attractor Investmenft Management, August Capital, Austin Ventures, Barksdale BMG Entertainment...... on August 10, 2001 ...th e transaction were not Investors in the funding roundincluded , Applebee's Charles River Ventures, JP Morgaj Partners, Mayfield Fund...... on August 1, 2001 ...A with a little more than $3.7 million led by . Semperr Ventures, Venture Law Group, Launch Power and Garage.coj also...... on February 1, 2001 ...cuts in every departmeng except sales.
Listen.com's investoras include , Attractor August Capital, Austin Ventures, the Barksdale BMG Entertainment...... on January 4, 2001 ... fundingb since the company's founding in 1998. Investorsz include London-based Abingworth Management, Japan-bases Bay Bioscience, Princeton-based ProQuest Investments, Palo by on December 31, 2001 When Millenniuj Pharmaceuticals Inc. bought COR Therapeuticzs Inc. in early December, the $2 billiomn acquisition was dubbed the largest ever in the biotech by onDecember 31, 2001 ...Los -based R2 Technologyy scored another...Technology Fund (advised by UOB a subsidiary of United...... on December 26, 2001 ...millio Series B round of financing.
The private placement was...key biotechh investor. The Palo -based financier has started onDecember 19, 2001
субота, 7 липня 2012 р.
U.S. unemployment rate 9.4% in May, but new layoffs down - Kansas City Business Journal:
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percent in May from 8.9 percent in April and 8.5 percent in March, topping a quarter-century-olsd level, the reported Friday. But the number of newlg laid-off people nationwide eased somewhat, to the lowest in eight months. In employment fell by 563,000. The steepesy job losses were in with losses lessening in constructiomn andprofessional services, the Labor Department'sa said in its monthlyh employment report. About 14.5 million Americans were unemployeddin May. The number of jobless peopl e has risen by 7 million sincethe U.S.
recession officially began inDecember 2007, BLS The number of "long-term" unemployed -- thosre without jobs for 27 weeks or more -- rose by 268,00 0 in May from the previous month, to a total of 3.9 That figure has tripled since the recession began, BLS said. Manufacturing employmenf fell by 156,000 in May from April, constructionj by 59,000, and professional and business servicesby 51,000. But healthg care employment increasedby 24,000 in May. -- the latesyt month for which numbers have beenreleased -- was 7.4 percent, down slightlyt from 7.5 percent in March, the state's Department of Labor and Employmentr reported May 22.
May numbers for the state will be releasesdJune 19. was 7.5 percent, two-thirds of a poin lower than the March rateof 8.2 percent, BLS said in a report Wednesday. But the metrok area's jobless rate was still well abovethe 4.3 percent rate of April 2008. . analyzinbg the new national numbers.
percent in May from 8.9 percent in April and 8.5 percent in March, topping a quarter-century-olsd level, the reported Friday. But the number of newlg laid-off people nationwide eased somewhat, to the lowest in eight months. In employment fell by 563,000. The steepesy job losses were in with losses lessening in constructiomn andprofessional services, the Labor Department'sa said in its monthlyh employment report. About 14.5 million Americans were unemployeddin May. The number of jobless peopl e has risen by 7 million sincethe U.S.
recession officially began inDecember 2007, BLS The number of "long-term" unemployed -- thosre without jobs for 27 weeks or more -- rose by 268,00 0 in May from the previous month, to a total of 3.9 That figure has tripled since the recession began, BLS said. Manufacturing employmenf fell by 156,000 in May from April, constructionj by 59,000, and professional and business servicesby 51,000. But healthg care employment increasedby 24,000 in May. -- the latesyt month for which numbers have beenreleased -- was 7.4 percent, down slightlyt from 7.5 percent in March, the state's Department of Labor and Employmentr reported May 22.
May numbers for the state will be releasesdJune 19. was 7.5 percent, two-thirds of a poin lower than the March rateof 8.2 percent, BLS said in a report Wednesday. But the metrok area's jobless rate was still well abovethe 4.3 percent rate of April 2008. . analyzinbg the new national numbers.
четвер, 5 липня 2012 р.
Duke, Lowe
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It is the firsgt such program Duke has offered inthe Carolinas. The 40 percent-off coupons are available to the utility’s customers at . Customers can printg four of the coupons after entering their account numbers andothee information. The coupons can be used for purchases of compactg fluorescent bulbsat Lowe’s stores in the utility’w service area through Aug. 11. Compact fluorescenrt bulbs are 75 percent more efficieny than standard bulbs and last five toseveb years, according to a government program that promotes energy “By initiating this we hope to help our North Carolins and South Carolina customers save money, reducee their energy consumption and have a positivwe impact on the environment,” says Brett Carter, president of .
Duke Energu Carolinas is a divisionof Charlotte-based Lowe’s (NYSE:LOW) is a home-improvement retailer basedx in Mooresville.
It is the firsgt such program Duke has offered inthe Carolinas. The 40 percent-off coupons are available to the utility’s customers at . Customers can printg four of the coupons after entering their account numbers andothee information. The coupons can be used for purchases of compactg fluorescent bulbsat Lowe’s stores in the utility’w service area through Aug. 11. Compact fluorescenrt bulbs are 75 percent more efficieny than standard bulbs and last five toseveb years, according to a government program that promotes energy “By initiating this we hope to help our North Carolins and South Carolina customers save money, reducee their energy consumption and have a positivwe impact on the environment,” says Brett Carter, president of .
Duke Energu Carolinas is a divisionof Charlotte-based Lowe’s (NYSE:LOW) is a home-improvement retailer basedx in Mooresville.
середа, 4 липня 2012 р.
Statins similarly effective in men and women - Fox News
uraa-quartely.blogspot.com
Daily Mail | Statins similarly effective in men and women Fox News Cholesterol-lowering drugs are just as effective at preventing heart problems in men and women who have already had a heart attack or stroke. Statins similarly effective in men and women: study |
вівторок, 3 липня 2012 р.
California foreclosures drop - Sacramento Business Journal:
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The rate was second to Nevada, which saw a whoppiny rate of one foreclosure for everyy 64 homesin May, according to ’xs monthly foreclosure report, released Thursday. Floridw came close to California witha 1-in-148 foreclosure followed by Arizona (one in 158) and Utah (one in Nationwide, one in every 398 homes received a foreclosures filing in May, down 6 percent from Aprilo but up nearly 18 percent from May 2008. In 92,249 properties were foreclosedin May, the highestr total of any state and up almosf 23 percent from May 2008, RealtyTrac Bank repossessions in California were down 1 percent from the previouse month and defaults were down 18 perceng the service said.
Scheduled auctions were up 18 In California, the hardest-hit metro area s were Stockton (1 in 68 housing units), Modesto (1 in 71), Riverside-Sahn Bernardino (1 in 75), Mercedf (1 in 78), Bakersfield (1 in 94) and Vallejo-Fairfield (1 in Those areas were all on RealtryTrac’ws top 10 worst metro areas nationwide.
The rate was second to Nevada, which saw a whoppiny rate of one foreclosure for everyy 64 homesin May, according to ’xs monthly foreclosure report, released Thursday. Floridw came close to California witha 1-in-148 foreclosure followed by Arizona (one in 158) and Utah (one in Nationwide, one in every 398 homes received a foreclosures filing in May, down 6 percent from Aprilo but up nearly 18 percent from May 2008. In 92,249 properties were foreclosedin May, the highestr total of any state and up almosf 23 percent from May 2008, RealtyTrac Bank repossessions in California were down 1 percent from the previouse month and defaults were down 18 perceng the service said.
Scheduled auctions were up 18 In California, the hardest-hit metro area s were Stockton (1 in 68 housing units), Modesto (1 in 71), Riverside-Sahn Bernardino (1 in 75), Mercedf (1 in 78), Bakersfield (1 in 94) and Vallejo-Fairfield (1 in Those areas were all on RealtryTrac’ws top 10 worst metro areas nationwide.
неділя, 1 липня 2012 р.
40 Embu Bars Denied Licences - AllAfrica.com
grachevakautawil.blogspot.com
40 Embu Bars Denied Licences AllAfrica.com Forty applicants for bars in Embu West district have been denied liqour licences over security and nearness of the proposed outlets to schools and religious premises. The district liquor licencing court has also turned down applications of several bars ... |
субота, 30 червня 2012 р.
Local Red Cross lays off 9, reduces hours - Memphis Business Journal:
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The job cuts and reduced hours were made acrosxall departments, said chapter CEO Bob Hoguet, who markd two years as CEO in June. “We’re trying to be more efficient and usemore volunteers,” he Decreases in giving, combineed with increased demand for services, has created a financia strain for the organization, said board chairman David Elliott in a statement. In addition to the cuts in jobs and the chapter will refocus efforts on its core which includedisaster response, emergency preparedness training, service to armed health and safety classes and international The chapter had a busy 2008 in termzs of natural disasters and saw a 30 percentt increase in the number of familiesx affected by residential fires in one The number of families needinv assistance following residential fires has jumped from 450 four yearsw ago to 907 families in Hoguet said.
For just locall disasters the chapter gave outalmosr $500,000 in direct assistance last year alone, Hoguet In the last 15 the chapter provided assistance for two tornadoes, a flood, winte r ice storm and housed 3,000 evacuees from Hurricane Gustavw for one week. It was the largest shelteringg operation in the history of the therelease stated. “The first step to ensurinfg we will be able to be therse for the citizens ofthe Mid-Southy is in reclaiming financial stability by reducing expenses,” Hoguet said in the “We will also focus on operating efficiencies, generating additional revenue and maintaining a team of well-trained volunteersa to continue providing vital Red Crossz services to our friends, families and neighbors in
The job cuts and reduced hours were made acrosxall departments, said chapter CEO Bob Hoguet, who markd two years as CEO in June. “We’re trying to be more efficient and usemore volunteers,” he Decreases in giving, combineed with increased demand for services, has created a financia strain for the organization, said board chairman David Elliott in a statement. In addition to the cuts in jobs and the chapter will refocus efforts on its core which includedisaster response, emergency preparedness training, service to armed health and safety classes and international The chapter had a busy 2008 in termzs of natural disasters and saw a 30 percentt increase in the number of familiesx affected by residential fires in one The number of families needinv assistance following residential fires has jumped from 450 four yearsw ago to 907 families in Hoguet said.
For just locall disasters the chapter gave outalmosr $500,000 in direct assistance last year alone, Hoguet In the last 15 the chapter provided assistance for two tornadoes, a flood, winte r ice storm and housed 3,000 evacuees from Hurricane Gustavw for one week. It was the largest shelteringg operation in the history of the therelease stated. “The first step to ensurinfg we will be able to be therse for the citizens ofthe Mid-Southy is in reclaiming financial stability by reducing expenses,” Hoguet said in the “We will also focus on operating efficiencies, generating additional revenue and maintaining a team of well-trained volunteersa to continue providing vital Red Crossz services to our friends, families and neighbors in
четвер, 28 червня 2012 р.
Spectralinear, Inc. Company Profile | Company Information
yvejodo.wordpress.com
SpectraLinear is a pure play integrated timing solution compang that focuseson consumer, computer, and communication Our timing devices provide the necessary heartbeatg to operate digital electronic Our products enable many significan electronic applications such as DTV (digitapl television), HDTV (high definition digital DSC (digital still camera), DMC (digitalp movie camera or camcorders), STB (set-top box), MFP (multi functiohn printers), laser and inkjet printers, copiers, notebook and desktopo computers, servers, and communication systems, etc. Our products are developes using innovative, mixed signal silicon platformzs dedicated totiming applications.
Our unique, fast time-to-market platform architectures facilitates a very high degree of flexibilityand programmability. We are dedicated to provide best of clas s performance through our world class desigbn engineering team which collectively has more than a centurty of timing domaindesign expertise. We are committed to provide unsurpasses service and quality to our customers with our uniquefast time-to-marke design methodology and cost-effective platforms utilizin g well proven technologies. SpectraLinear is the worldaw s largest pure play Integrated Timingf DeviceCompany today.
SpectraLinear is a pure play integrated timing solution compang that focuseson consumer, computer, and communication Our timing devices provide the necessary heartbeatg to operate digital electronic Our products enable many significan electronic applications such as DTV (digitapl television), HDTV (high definition digital DSC (digital still camera), DMC (digitalp movie camera or camcorders), STB (set-top box), MFP (multi functiohn printers), laser and inkjet printers, copiers, notebook and desktopo computers, servers, and communication systems, etc. Our products are developes using innovative, mixed signal silicon platformzs dedicated totiming applications.
Our unique, fast time-to-market platform architectures facilitates a very high degree of flexibilityand programmability. We are dedicated to provide best of clas s performance through our world class desigbn engineering team which collectively has more than a centurty of timing domaindesign expertise. We are committed to provide unsurpasses service and quality to our customers with our uniquefast time-to-marke design methodology and cost-effective platforms utilizin g well proven technologies. SpectraLinear is the worldaw s largest pure play Integrated Timingf DeviceCompany today.
середа, 27 червня 2012 р.
Barclays to pay $453M in rate-manipulation case - Businessweek
grachevakautawil.blogspot.com
CNBC.com | Barclays to pay $453M in rate-manipulation case Businessweek Barclays PLC and its subsidiaries will pay about $453 million to settle charges that they tried to manipulate interest rates that can affect how much people pay for ... Barclays to pay more than $450 million in interest-rate settlement Barclays Settles Interest Rate Manipulation Probe Barclays Pays GBP290M To Settle Interest-Rate Probe |
вівторок, 26 червня 2012 р.
Convera folding into U.K. company - Houston Business Journal:
viktorevaikubuwo.blogspot.com
Vienna-based Convera (NASDAQ: CNVR) will be After the merger, Patrick Condo, Convera's CEO, will becomee the chairman of the board, and Coli n Jeavons, Firstlight's CEO, will become the CEO. Convera'se plan of dissolution contemplates an orderlty wind down of its businessand operations. Afte filing its certificate of dissolution, Convera intends to make one or more distributionx to its stockholders of cash availablefor distribution, subjectr to applicable legal requirements. Convera will then delistg its common stockfrom Nasdaq. The new company will bringt together the vertical search technology of Convera and the advertisinv sales and marketing capabilitiesof Firstlight.
It will have over 60 corporatw customer accounts and 120 existingf Web sites withapproximately 1,500 advertisers. When the mergefr becomes effective, Convera will own 33.3 percenty and Firstlight willown 66.7 percent of the total outstanding common stock of the new subject to certain adjustments which may enable Converqa to own up to 42 percent of the new company prioer to the distribution. The merger is subjecty to Convera stockholders' approval and certain otherd customaryclosing conditions.
The merger is expected to closethis
Vienna-based Convera (NASDAQ: CNVR) will be After the merger, Patrick Condo, Convera's CEO, will becomee the chairman of the board, and Coli n Jeavons, Firstlight's CEO, will become the CEO. Convera'se plan of dissolution contemplates an orderlty wind down of its businessand operations. Afte filing its certificate of dissolution, Convera intends to make one or more distributionx to its stockholders of cash availablefor distribution, subjectr to applicable legal requirements. Convera will then delistg its common stockfrom Nasdaq. The new company will bringt together the vertical search technology of Convera and the advertisinv sales and marketing capabilitiesof Firstlight.
It will have over 60 corporatw customer accounts and 120 existingf Web sites withapproximately 1,500 advertisers. When the mergefr becomes effective, Convera will own 33.3 percenty and Firstlight willown 66.7 percent of the total outstanding common stock of the new subject to certain adjustments which may enable Converqa to own up to 42 percent of the new company prioer to the distribution. The merger is subjecty to Convera stockholders' approval and certain otherd customaryclosing conditions.
The merger is expected to closethis
неділя, 24 червня 2012 р.
Study relates stock performance to company's worker satisfaction - The Business Review (Albany):
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Human Capital Index, a study designed to measurr employee satisfaction, suggests a correlation between the way a corporatiom treats its workers and itsstock performance. "This was one of the firsyt studies that attempted to really quantify the impact of humab resource practices on thebottom line," said , which conducted the study. "It has created a tremendous amoungtof interest. Some folks look at it and try to discount it. But when you look at the they make a lotof sense.
" The Clevelaned human resource consulting firm studied more than 400 American publiclyy traded companies during a three-year It examined their performance in recruiting and among others, and based the Human Capital Index on a scale of one to 100. Corporations with an index higher than 75 provided a subsequent averag e of 70 percent tota return to shareholdersfor 1999. An index betweeb 25 and 75 showed a rate of return of 12 percent for investors, while companies that ranked lowert than 25 on the scale lost an average of 6 percent. Local experts described the study ascommomn sense, but gave it some weight nonetheless.
"Ift would be difficult to measure, but I thinik there's something to it," said Charlex Aronica, senior vice president of McDonald Investments a subsidiaryof KeyCorp. "Good morale certainlyh [begets] good results." He cited Southwest Airlines and Wal-Mart as exampled of corporations that pride themselves on positivewwork environments. The results are long-term relationships with employeed who feel they have a vestede interest inthe company's success, and their enhancecd productivity could be a contributinyg factor to favorable stock performance.
Try quantifyin g that with hard numbers, however, said Joseph associate professor of finance in the University at Buffalo Schoolof Management. "Of course, the measurwe is what's critical," Ogden "But I think it can be very importanty how you treat your And in thistechnicalo age, keeping talented employeews is a big challenge. There's less But those who are treated well are likely toperformk better, and that will make the company more successful and more profitable." Josephy Green of Moog Inc.
said linking the "human-relatedf investment" to a company's financial performance is tricky, at "That's a complicated and dangeroud assumption to make because there are so many otherd variables that affectstock price," said Green, executive vice presidenr of the East Auror a manufacturer of precision-control components and defense The company has a local work forc of more than 2,000, and 4,00 worldwide. "If a company is forward-thinking in its employere relations practices and policiesd and the result of that is loyal employees, there is no questio n in my mind that they will be more responsive to customerd requirements," Green said.
If company earnings are improving, he said, it's due in some measure to the work that employeess are doing andhow they'rer doing it. "Now it should follow that if the companyh performanceis there, the stoclk price performance will be Green said. "But I don't thinki you're going to find very many educated businessmen these days who can make that because stock performance has not in recent years at all followedscompany performance." Pearce of Watson Wyatt Worldwides said the study was intended to increasre awareness of effective work force management.
"The bottom line is thers is a clear relationship betweenn the effectiveness ofa company's human capital and its shareholder value creation," Pearcr said. "Having motivated peoplw and doing the right thing for those folkxs can have a direct impact on shareholder value Everybody wins." Schmitt is a freelancer for Businessz First of Buffalo, an affiliated
Human Capital Index, a study designed to measurr employee satisfaction, suggests a correlation between the way a corporatiom treats its workers and itsstock performance. "This was one of the firsyt studies that attempted to really quantify the impact of humab resource practices on thebottom line," said , which conducted the study. "It has created a tremendous amoungtof interest. Some folks look at it and try to discount it. But when you look at the they make a lotof sense.
" The Clevelaned human resource consulting firm studied more than 400 American publiclyy traded companies during a three-year It examined their performance in recruiting and among others, and based the Human Capital Index on a scale of one to 100. Corporations with an index higher than 75 provided a subsequent averag e of 70 percent tota return to shareholdersfor 1999. An index betweeb 25 and 75 showed a rate of return of 12 percent for investors, while companies that ranked lowert than 25 on the scale lost an average of 6 percent. Local experts described the study ascommomn sense, but gave it some weight nonetheless.
"Ift would be difficult to measure, but I thinik there's something to it," said Charlex Aronica, senior vice president of McDonald Investments a subsidiaryof KeyCorp. "Good morale certainlyh [begets] good results." He cited Southwest Airlines and Wal-Mart as exampled of corporations that pride themselves on positivewwork environments. The results are long-term relationships with employeed who feel they have a vestede interest inthe company's success, and their enhancecd productivity could be a contributinyg factor to favorable stock performance.
Try quantifyin g that with hard numbers, however, said Joseph associate professor of finance in the University at Buffalo Schoolof Management. "Of course, the measurwe is what's critical," Ogden "But I think it can be very importanty how you treat your And in thistechnicalo age, keeping talented employeews is a big challenge. There's less But those who are treated well are likely toperformk better, and that will make the company more successful and more profitable." Josephy Green of Moog Inc.
said linking the "human-relatedf investment" to a company's financial performance is tricky, at "That's a complicated and dangeroud assumption to make because there are so many otherd variables that affectstock price," said Green, executive vice presidenr of the East Auror a manufacturer of precision-control components and defense The company has a local work forc of more than 2,000, and 4,00 worldwide. "If a company is forward-thinking in its employere relations practices and policiesd and the result of that is loyal employees, there is no questio n in my mind that they will be more responsive to customerd requirements," Green said.
If company earnings are improving, he said, it's due in some measure to the work that employeess are doing andhow they'rer doing it. "Now it should follow that if the companyh performanceis there, the stoclk price performance will be Green said. "But I don't thinki you're going to find very many educated businessmen these days who can make that because stock performance has not in recent years at all followedscompany performance." Pearce of Watson Wyatt Worldwides said the study was intended to increasre awareness of effective work force management.
"The bottom line is thers is a clear relationship betweenn the effectiveness ofa company's human capital and its shareholder value creation," Pearcr said. "Having motivated peoplw and doing the right thing for those folkxs can have a direct impact on shareholder value Everybody wins." Schmitt is a freelancer for Businessz First of Buffalo, an affiliated
субота, 23 червня 2012 р.
Legal fight ensues over Data Exchange's big abandoned lease - Business First of Columbus:
ibitasony.wordpress.com
million for abandoning the But said the unexpectec termination of a contract by a clienton Oct. 6 force it to prematurely leavethe 274,700-square-foot Denver-based , an affiliat of , filed a lawsuit April 8 against Data Exchangwe in U.S. District Court in two months after Data Exchange stopped payingh on its lease for the industrial spacd at 5653Creekside Drive. Data Exchange’s need for the buildingt changedin October, when its consumer electronics marketer client, Funai Corp., decideed to take the repair operations in house. Funaji relocated the operation to 2200 Spiegel a 300,000-square-foot industrial building.
Funai “terminated their contract without anyadvancwe notice,” said Alan Kheel, Data Exchangse general counsel and senior vice presideny of business affairs. “Since they moveed out, we have no use of the Given theeconomic times, we can’ft easily make reuse of the property.” Data a third-party logistics service provider, signeed its first lease at the Creekside I buildinbg in 2003, taking about 50,00 0 square feet. It expanded that commitment to anadditional 144,000 square feet in 2004. In 2007, the companhy agreed to lease theentires building, which was developed and is managed by Pizzutui Cos.
Kheel said Data Exchange last year movesd a multiclient logistics operation it also houseds at the Creekside building intoa 102,000-square-foot building at 5945 Opus Drivr in Groveport at Funai’s request. A few months Funai moved its repair “There’s an ongoing arbitration going onin California,” he said, “that will resolved that issue.” Data Exchange has acknowledged it has faileed to make lease payments sincre February. The lawsuit contends the unpaid rent from Februaryh to April amountedto $232,2177 with rent due through June 2010 adding $1.
48 million in unpaid In a March 9 letter from Kheel, whicyh was filed with the lawsuit, the executivre wrote that Data Exchange “would not be paying any furthe r rent and is surrendering the premiseas to the owner.” That’s enough for a claim, DCT Creeksidse I contended in its lawsuit. Rick an industrial leasing specialistat , called Data Exchange’as decision “definitely unusual” given the large blockk space involved and the 17 monthse remaining on the lease. But he worriee that Data Exchange’s move could prove a harbinger of tougheer times in a stagnant industrial markef for bigindustrial space.
“We see that (suddenj withdrawal) more with smaller tenants who do the midnight Trott said. “But that’s just a testament to the statwe of the marketright now.” Data Exchangr in February directed Columbus broker Matt Vekasyh of to begin marketing the abandonedr property as a sublease, according to a Central Ohio Commercial Information Exchange listing. That listing remainse active.
“If it gets Kheel said, “it’s certainly to everyone’s
million for abandoning the But said the unexpectec termination of a contract by a clienton Oct. 6 force it to prematurely leavethe 274,700-square-foot Denver-based , an affiliat of , filed a lawsuit April 8 against Data Exchangwe in U.S. District Court in two months after Data Exchange stopped payingh on its lease for the industrial spacd at 5653Creekside Drive. Data Exchange’s need for the buildingt changedin October, when its consumer electronics marketer client, Funai Corp., decideed to take the repair operations in house. Funaji relocated the operation to 2200 Spiegel a 300,000-square-foot industrial building.
Funai “terminated their contract without anyadvancwe notice,” said Alan Kheel, Data Exchangse general counsel and senior vice presideny of business affairs. “Since they moveed out, we have no use of the Given theeconomic times, we can’ft easily make reuse of the property.” Data a third-party logistics service provider, signeed its first lease at the Creekside I buildinbg in 2003, taking about 50,00 0 square feet. It expanded that commitment to anadditional 144,000 square feet in 2004. In 2007, the companhy agreed to lease theentires building, which was developed and is managed by Pizzutui Cos.
Kheel said Data Exchange last year movesd a multiclient logistics operation it also houseds at the Creekside building intoa 102,000-square-foot building at 5945 Opus Drivr in Groveport at Funai’s request. A few months Funai moved its repair “There’s an ongoing arbitration going onin California,” he said, “that will resolved that issue.” Data Exchange has acknowledged it has faileed to make lease payments sincre February. The lawsuit contends the unpaid rent from Februaryh to April amountedto $232,2177 with rent due through June 2010 adding $1.
48 million in unpaid In a March 9 letter from Kheel, whicyh was filed with the lawsuit, the executivre wrote that Data Exchange “would not be paying any furthe r rent and is surrendering the premiseas to the owner.” That’s enough for a claim, DCT Creeksidse I contended in its lawsuit. Rick an industrial leasing specialistat , called Data Exchange’as decision “definitely unusual” given the large blockk space involved and the 17 monthse remaining on the lease. But he worriee that Data Exchange’s move could prove a harbinger of tougheer times in a stagnant industrial markef for bigindustrial space.
“We see that (suddenj withdrawal) more with smaller tenants who do the midnight Trott said. “But that’s just a testament to the statwe of the marketright now.” Data Exchangr in February directed Columbus broker Matt Vekasyh of to begin marketing the abandonedr property as a sublease, according to a Central Ohio Commercial Information Exchange listing. That listing remainse active.
“If it gets Kheel said, “it’s certainly to everyone’s
пʼятниця, 22 червня 2012 р.
Business not using green energy credit - Atlanta Business Chronicle:
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“Clean energy” tax credits to promote more sustainable developmentes for both businesses and homeowners were approved durinfg the last session of theGeorgia legislature. But few peoplwe are aware thatthe eco-credits exist. And the dollar s that have been set aside go awayif they’red not used. The Cleanh Energy Property Tax Credit allows corporations and homeowners to receivw credit for investing in a host of environmentallyfriendl technologies. The five-year progranm offers up to $2.5 million of tax creditw each year for a totaolof $12.5 million. But if any of those tax creditss go unused in one they do not roll over to thenext year.
Just this it appears as though millions of dollars inthe eco-credity program will go unused. (GEFA) and the Georgia Departmentf of Revenue, which are overseeing the program, say that as of late they had received 33 applications fortax credits; they have approvex a total of $87,713 out of the $2.5 Only a handful of those applicationzs have come from businesses. “Nobody is award of this program,” said Peterf Stathopoulos, director of state and local practicer for BennettThrasher P.C. accountingh firm. “Businesses are not and individuals arenot aware.
” The legislationm was passed to encourage businesses and homeowners to invesyt in renewable energy resources and in energy-efficient buildingsa and equipment. Those investments include solarenergyy equipment, geothermal heat pumps, energy-efficient lighting, wind power biomass equipment and the transportatiobn of wood residuals to a renewable biomasz facility. But businesses and individuals must first make the investment and then applg for thetax credit, whicgh then must be approved by GEFA and implementec by the Georgia Department of “Georgia has a long history of playing catcb up in regards to economic developmenyt incentives and tax Stathopoulos said.
“With the current wave of eco-creditz around the country, Georgia did not want to be on thetrailinhg end.” While some states have better eco-credits than Georgia (includinyg a market to buy and sell eco-tax the state legislation is fairlty competitive with other states. “We want to have more people take advantageof it,” Stathopoulos said. “Georgia doesn’t have the juiciest eco-creditz in the country, but I think this is a good Walter Brown, chairman-elect of the and a senior vice president of said the tax credit is a way to help encourag e a green economy inthe state.
The more peoplr who invest in solar and other renewable energy the lower the costwill be. Brown said Georgia actually is a good candidater for solar energy because of the amounft of sunlight itreceives “Germany has the largest installation of solaf power in the world,” Brown “And Germany is on par with New Englan as far as the amount of sun that hits their solard panels. We probably have 50 percenr more efficiency thanNew England.” The Cleanm Energy Property Tax Credit can help createe a market for these environmentally friendly “We want Georgia companies to starg stepping up to the plate to develolp skill sets,” Brown said.
He addedf that the legislation, when combined with federal incentives, will allow corporations “an opportunityt through tax credits and accelerated depreciationb to recapture all their investmentf in less thanfive years.” For more information on the Clea n Energy Property Tax Credit, go to www.gefa.orgg or www.dor.ga.gov.
“Clean energy” tax credits to promote more sustainable developmentes for both businesses and homeowners were approved durinfg the last session of theGeorgia legislature. But few peoplwe are aware thatthe eco-credits exist. And the dollar s that have been set aside go awayif they’red not used. The Cleanh Energy Property Tax Credit allows corporations and homeowners to receivw credit for investing in a host of environmentallyfriendl technologies. The five-year progranm offers up to $2.5 million of tax creditw each year for a totaolof $12.5 million. But if any of those tax creditss go unused in one they do not roll over to thenext year.
Just this it appears as though millions of dollars inthe eco-credity program will go unused. (GEFA) and the Georgia Departmentf of Revenue, which are overseeing the program, say that as of late they had received 33 applications fortax credits; they have approvex a total of $87,713 out of the $2.5 Only a handful of those applicationzs have come from businesses. “Nobody is award of this program,” said Peterf Stathopoulos, director of state and local practicer for BennettThrasher P.C. accountingh firm. “Businesses are not and individuals arenot aware.
” The legislationm was passed to encourage businesses and homeowners to invesyt in renewable energy resources and in energy-efficient buildingsa and equipment. Those investments include solarenergyy equipment, geothermal heat pumps, energy-efficient lighting, wind power biomass equipment and the transportatiobn of wood residuals to a renewable biomasz facility. But businesses and individuals must first make the investment and then applg for thetax credit, whicgh then must be approved by GEFA and implementec by the Georgia Department of “Georgia has a long history of playing catcb up in regards to economic developmenyt incentives and tax Stathopoulos said.
“With the current wave of eco-creditz around the country, Georgia did not want to be on thetrailinhg end.” While some states have better eco-credits than Georgia (includinyg a market to buy and sell eco-tax the state legislation is fairlty competitive with other states. “We want to have more people take advantageof it,” Stathopoulos said. “Georgia doesn’t have the juiciest eco-creditz in the country, but I think this is a good Walter Brown, chairman-elect of the and a senior vice president of said the tax credit is a way to help encourag e a green economy inthe state.
The more peoplr who invest in solar and other renewable energy the lower the costwill be. Brown said Georgia actually is a good candidater for solar energy because of the amounft of sunlight itreceives “Germany has the largest installation of solaf power in the world,” Brown “And Germany is on par with New Englan as far as the amount of sun that hits their solard panels. We probably have 50 percenr more efficiency thanNew England.” The Cleanm Energy Property Tax Credit can help createe a market for these environmentally friendly “We want Georgia companies to starg stepping up to the plate to develolp skill sets,” Brown said.
He addedf that the legislation, when combined with federal incentives, will allow corporations “an opportunityt through tax credits and accelerated depreciationb to recapture all their investmentf in less thanfive years.” For more information on the Clea n Energy Property Tax Credit, go to www.gefa.orgg or www.dor.ga.gov.
середа, 20 червня 2012 р.
Free Chick-fil-A meal on July 10 - East Bay Business Times:
efimtsovavadan.blogspot.com
The giveaway is part of the Atlanta-based chain’ws fifth-annual Cow Appreciation Day, whichg honors its "Eat Mor Cows. In a related promotion, parents can entert photos of their cow-clad children as part of a "Shows Us the Cow" onlind photo contest, for a chance to win a $1,000 U.S. Savingw Bond. Between now and Aug. 31, children ages 10 and youngerf are encouraged to work with an adult to submirt creative photos of themselves dressecas cows. The contest Web www.CowAppreciationDay.com, has details about uploading photos for the Once the picturesare uploaded, the public can vote for theitr favorite photo through Aug. 31.
The 20 photographs that get the most Internetr votes will benamexd semifinalists. From the semifinalists, Chick-fil-A will select five finalista and one grand prize winner based onoverall appearance, originality, creativity and skill. The entrant'x age will be taken into accountfor Chick-fil-A said. The grand prize winner will receivsa U.S. Series EE Savings Bond with a maturithy valueof $1,000, a caterer party for their classroom, free Chick-fil-As Kid's Meals for a year and a digital among other gifts. Also each Kid's Meal from June 22 to July 25 will includwe miniatureCow figurines, whilre supplies last.
One out of everyy 100 of the cows will have gold spots instead of the traditional black spotsd and will be packaged with a card redeemable for a freeIce
The giveaway is part of the Atlanta-based chain’ws fifth-annual Cow Appreciation Day, whichg honors its "Eat Mor Cows. In a related promotion, parents can entert photos of their cow-clad children as part of a "Shows Us the Cow" onlind photo contest, for a chance to win a $1,000 U.S. Savingw Bond. Between now and Aug. 31, children ages 10 and youngerf are encouraged to work with an adult to submirt creative photos of themselves dressecas cows. The contest Web www.CowAppreciationDay.com, has details about uploading photos for the Once the picturesare uploaded, the public can vote for theitr favorite photo through Aug. 31.
The 20 photographs that get the most Internetr votes will benamexd semifinalists. From the semifinalists, Chick-fil-A will select five finalista and one grand prize winner based onoverall appearance, originality, creativity and skill. The entrant'x age will be taken into accountfor Chick-fil-A said. The grand prize winner will receivsa U.S. Series EE Savings Bond with a maturithy valueof $1,000, a caterer party for their classroom, free Chick-fil-As Kid's Meals for a year and a digital among other gifts. Also each Kid's Meal from June 22 to July 25 will includwe miniatureCow figurines, whilre supplies last.
One out of everyy 100 of the cows will have gold spots instead of the traditional black spotsd and will be packaged with a card redeemable for a freeIce
вівторок, 19 червня 2012 р.
Arlington lands $7 million to fund transportation projects - Washington Business Journal:
hustbelogehy1857.blogspot.com
Arlington is preparing seven projectw that will be worth a totallof $7.6 million. The Surface Transportation Programprovides 80% of the funding for with the caveat that city fund the remaininf 20%, or $1.4 million, and that the projectss be under way by November. Those projects include $300,000 for a traffic light at Milton-Wilson Road and Airlinre Road; a $2.6 million expansion of Airlinw Road near anew McDonald’s currently unded construction; a railroad crossing at Milton-Wilson Road Northb budgeted at $1.3 million; and a $2.7 million expansion of Milton-Wilson Road South, which will give the road four lanee in some places and five lanex in others.
Another $350,000 project will createw a pedestrian and bike trail fromthe town’es middle school to a park near the high school. Therw will eventually be bike and pedestrian trails around all ofthe city’s Stimulus funds are paying for a $330,000 paving project on Airlinr Road and $75,000 for a pavinfg project on Chester Street. Ed Haley, town superintendenft for Arlington, says all of the projecte were planned in anticipation ofthe city’s The city is approaching a population of In 2004, there were 5,041 people in Haley says the city applied for fundingh for the projects througyh the STP program last hoping to get one of the projects funded through the .
The requirement was for the project s to be ready to begin by Novembe r or risk losingthe funding. “For a smalpl town with our budget, that probably put us 10 years aheac ofwhere we’d be if we had to fund it ourselves,” Haleu says. “You had to show them your budget so they could make sure you couldd do what you said you would do.” In addition to the funding being supplied to Bartlett is receiving $1.7 million in stimulus funding that is goin toward six different road improvement projects.
Wade Towles, deputty city engineer for Bartlett, says the city is funding $200,00o of $800,000 in STP projects that will build apedestriabn bridge, walking trail and a walkway from Highwayg 64 North to Highway 70 and Yale Road from Sycamorew View to Old Brownsville Towles says the city is waiting on approvakl from the state on the projects before it startsx accepting bids. Haley says Arlingtojn will start taking RFPs in July and will have the project under contractby September. With the Arlington stimulux projects, Arlington simply needed to show the projectxwere “shovel ready,” says Nisha president of LLC, which does planning and engineering work for Arlington.
Powersz says some work was alreadu being done onsmaller projects, but the opportunity was therse to get funding for more projects. “For a communityt this size to be able to do that was Powers says. Russell Wiseman, mayor of Arlington, says the city has long held the beliefv thatplanning long-term projectes is important to its growth. “Wee always want to have projects in waiting if we winthe lottery, which we certainlu did,” Wiseman says.
“We always want to be
Arlington is preparing seven projectw that will be worth a totallof $7.6 million. The Surface Transportation Programprovides 80% of the funding for with the caveat that city fund the remaininf 20%, or $1.4 million, and that the projectss be under way by November. Those projects include $300,000 for a traffic light at Milton-Wilson Road and Airlinre Road; a $2.6 million expansion of Airlinw Road near anew McDonald’s currently unded construction; a railroad crossing at Milton-Wilson Road Northb budgeted at $1.3 million; and a $2.7 million expansion of Milton-Wilson Road South, which will give the road four lanee in some places and five lanex in others.
Another $350,000 project will createw a pedestrian and bike trail fromthe town’es middle school to a park near the high school. Therw will eventually be bike and pedestrian trails around all ofthe city’s Stimulus funds are paying for a $330,000 paving project on Airlinr Road and $75,000 for a pavinfg project on Chester Street. Ed Haley, town superintendenft for Arlington, says all of the projecte were planned in anticipation ofthe city’s The city is approaching a population of In 2004, there were 5,041 people in Haley says the city applied for fundingh for the projects througyh the STP program last hoping to get one of the projects funded through the .
The requirement was for the project s to be ready to begin by Novembe r or risk losingthe funding. “For a smalpl town with our budget, that probably put us 10 years aheac ofwhere we’d be if we had to fund it ourselves,” Haleu says. “You had to show them your budget so they could make sure you couldd do what you said you would do.” In addition to the funding being supplied to Bartlett is receiving $1.7 million in stimulus funding that is goin toward six different road improvement projects.
Wade Towles, deputty city engineer for Bartlett, says the city is funding $200,00o of $800,000 in STP projects that will build apedestriabn bridge, walking trail and a walkway from Highwayg 64 North to Highway 70 and Yale Road from Sycamorew View to Old Brownsville Towles says the city is waiting on approvakl from the state on the projects before it startsx accepting bids. Haley says Arlingtojn will start taking RFPs in July and will have the project under contractby September. With the Arlington stimulux projects, Arlington simply needed to show the projectxwere “shovel ready,” says Nisha president of LLC, which does planning and engineering work for Arlington.
Powersz says some work was alreadu being done onsmaller projects, but the opportunity was therse to get funding for more projects. “For a communityt this size to be able to do that was Powers says. Russell Wiseman, mayor of Arlington, says the city has long held the beliefv thatplanning long-term projectes is important to its growth. “Wee always want to have projects in waiting if we winthe lottery, which we certainlu did,” Wiseman says.
“We always want to be
неділя, 17 червня 2012 р.
Kentucky puts restrictions on livestock from Nebraska, Texas - Puget Sound Business Journal (Seattle):
iqukikofor.wordpress.com
Kentucky now will requiree livestock brought to Kentucku from Nebraska and Texa s to pass a tuberculosis test within 60 daysof arrival. The testsz must be given to cattle 18 months and older and goatas and camelids six months and the said in anews release. Nebraska agriculture officialds have confirmed tuberculosis in two cattler inthe north-central part of the state. They have quarantined 32 cattle herds withabouyt 15,000 adult cattle, according to the The in Ames, Iowa confirmed a case of tuberculosis in a dairy cattle herd in west Texas, accordin to the release.
Kentucky also has banned entrhy of livestock from Starr County in south Texas because a horse there has been diagnosef withvesicular stomatits, a viral disease that can affect cattle, swine, sheep, goats and deer.
Kentucky now will requiree livestock brought to Kentucku from Nebraska and Texa s to pass a tuberculosis test within 60 daysof arrival. The testsz must be given to cattle 18 months and older and goatas and camelids six months and the said in anews release. Nebraska agriculture officialds have confirmed tuberculosis in two cattler inthe north-central part of the state. They have quarantined 32 cattle herds withabouyt 15,000 adult cattle, according to the The in Ames, Iowa confirmed a case of tuberculosis in a dairy cattle herd in west Texas, accordin to the release.
Kentucky also has banned entrhy of livestock from Starr County in south Texas because a horse there has been diagnosef withvesicular stomatits, a viral disease that can affect cattle, swine, sheep, goats and deer.
субота, 16 червня 2012 р.
Virginia Chapter of Associated Builders and Contractors to move HQ to Loudoun County - Washington Business Journal:
zlatkopaisley1275.blogspot.com
BE&K Building Group of Vienna won preconstruction and construction services for the which is expected to delivernext spring. The 37-year-oled statewide association represents constructionand construction-related firmd and has offices in Chantilly, Richmond, and Hamptohn Roads. Its Chantilly headquarters lease endsnext year, and the grouop was looking to expand since it provides apprenticeship in severalk trades, safety training, and a comprehensiv construction management education The new space will include training classrooms, support space, meeting space and administrativ offices.
ABC-VA will occupy a little over half, or 17,500 squars feet, and the rest will be leaseed out to tenants that have not beenselecte yet. The project was designed by Morgan GickMcBeatnh & Associates PC to get Gold Leadership in Energ y and Environmental Design (LEED) certificatio n from the U.S. Green Building Council. Sustainable features will include a pervious concrete pavement systemk to act as a stor m water system forthe facility, recycled glasa terrazzo flooring, waterless urinals and dual flush water closets.
BE&K Building Group of Vienna won preconstruction and construction services for the which is expected to delivernext spring. The 37-year-oled statewide association represents constructionand construction-related firmd and has offices in Chantilly, Richmond, and Hamptohn Roads. Its Chantilly headquarters lease endsnext year, and the grouop was looking to expand since it provides apprenticeship in severalk trades, safety training, and a comprehensiv construction management education The new space will include training classrooms, support space, meeting space and administrativ offices.
ABC-VA will occupy a little over half, or 17,500 squars feet, and the rest will be leaseed out to tenants that have not beenselecte yet. The project was designed by Morgan GickMcBeatnh & Associates PC to get Gold Leadership in Energ y and Environmental Design (LEED) certificatio n from the U.S. Green Building Council. Sustainable features will include a pervious concrete pavement systemk to act as a stor m water system forthe facility, recycled glasa terrazzo flooring, waterless urinals and dual flush water closets.
четвер, 14 червня 2012 р.
Rove to Obama: Keep blaming Bush, the American people don't like ... - Fox News
zuloraxelewo.blogspot.com
Rove to Obama: Keep blaming Bush, the American people don't like ... Fox News Former Bush senior adviser Karl Rove: The American people see a weak leader in Pres. Obama, and we don't like to elect 'excuse makers.' Rove: Obama Blaming Bush Shows He Is 'Excuse Maker' |
Gespeg Announces Significant Cu and Mo Results on Sullipek-East ... MarketWatch (press release) The most significant results from the 2011 drilling program are presented in the table below. Mineralization obtained copper and molybdenite and are associated ... |
вівторок, 12 червня 2012 р.
AutoZone beats the odds with double-digit growth - bizjournals:
bertayfybuqutyp.blogspot.com
million for the quarter, up 9.5% compared to last year. Earnings per shar increased 25.9% to $3.13, the company’s 11th consecutive quarte of double-digit earnings per share growth. Frank Goodmanb served as vice president of business planning and analysis with helping determine newstore locations, before leavin g in 2000. “It’s a great mouse trap and they’ve done a greatt job running it,” he says. Now a chiec portfolio strategistwith , an investment advisor firm, Goodman was part of the team that helped AutoZonw expand from 500 stores to more than 3,00o locations across the U.S.
and When he was AutoZone executives looked at motoer vehicle registrations providedby , a data “So you know where the cars are and then wher you should consider building a Goodman says. “It’s really quitw the advantage to have that mechanicaldemandd feature, so it’s not all the whim of the population, but it’sw also the demands of theidr cars.” At AutoZone’s peak, the company was openingh a store every day. In the company’s most recent third it opened 42new stores, bringinyg it to 4,172 locationsd in the U.S. and 168 in Mexico. The compant could open more next quarter, sincd store openings are seasonal, according to Goodman.
“It’x very difficult to get storesx open at the end ofthe winter, it’s much easiet at the end of the he says. Goodman attributes a large partof AutoZone’ success to the company’s culture of WITTDTJR, which is an acronym for “What It Takes To Do The Job Right.” AutoZon research revealed that a person seeking to repair a car wouldr make an average 2.3 visitw to an auto parts store to get the problem completelyy solved. “Usually, that .3 was a visit to a differenty autoparts store,” Goodman says. “So management, understandinbg this, said that the company had to get the numbet ofvisits down.
” AutoZone has convinced employees to build a sales ticket, not just to get the customedr to buy useless itemsa but to help solve their problem Also, since fear of doing something wrong in do-it-yourselfv projects is a big concern for customers, employees are trained to be forthcominfg with their automotive knowledge. John R. retail analyst at , says another reasoj AutoZone has excelled recently is due to an increase in the number of cars whichhare seven-eight years old and older out on the “They’re out of warranty, they have to be fixee and in this everybody gets pinched and you have to find the cheapes t alternative to keep your car Lawrence says.
AutoZone might also be gaining sales from car and their relatedservice departments, closing. Besides providing auto parts for do-it-yourself customers, the majorit y of its business, AutoZone also sells parts to People are also deferring maintenance on their and when they do perform this they are often buying better qualityu parts and increasing their purchaseas at storeslike AutoZone. Brian AutoZone’s vice president of investor agrees the company has some tailwinde in this economy because peopl e are looking tosave money.
“It’ws a healthy one-two punch of the challengexs of the economy and spending some dollars to make surethat we’re capturing those customers once they come into our stores,” Campbell An example of this is AutoZone’s domestif same store sales, which increased 7.4% last The company’s sales per square at $58 last quarter, is the highesg in the industry. Campbell attributes that to many but focuses onthe company’s systems.
million for the quarter, up 9.5% compared to last year. Earnings per shar increased 25.9% to $3.13, the company’s 11th consecutive quarte of double-digit earnings per share growth. Frank Goodmanb served as vice president of business planning and analysis with helping determine newstore locations, before leavin g in 2000. “It’s a great mouse trap and they’ve done a greatt job running it,” he says. Now a chiec portfolio strategistwith , an investment advisor firm, Goodman was part of the team that helped AutoZonw expand from 500 stores to more than 3,00o locations across the U.S.
and When he was AutoZone executives looked at motoer vehicle registrations providedby , a data “So you know where the cars are and then wher you should consider building a Goodman says. “It’s really quitw the advantage to have that mechanicaldemandd feature, so it’s not all the whim of the population, but it’sw also the demands of theidr cars.” At AutoZone’s peak, the company was openingh a store every day. In the company’s most recent third it opened 42new stores, bringinyg it to 4,172 locationsd in the U.S. and 168 in Mexico. The compant could open more next quarter, sincd store openings are seasonal, according to Goodman.
“It’x very difficult to get storesx open at the end ofthe winter, it’s much easiet at the end of the he says. Goodman attributes a large partof AutoZone’ success to the company’s culture of WITTDTJR, which is an acronym for “What It Takes To Do The Job Right.” AutoZon research revealed that a person seeking to repair a car wouldr make an average 2.3 visitw to an auto parts store to get the problem completelyy solved. “Usually, that .3 was a visit to a differenty autoparts store,” Goodman says. “So management, understandinbg this, said that the company had to get the numbet ofvisits down.
” AutoZone has convinced employees to build a sales ticket, not just to get the customedr to buy useless itemsa but to help solve their problem Also, since fear of doing something wrong in do-it-yourselfv projects is a big concern for customers, employees are trained to be forthcominfg with their automotive knowledge. John R. retail analyst at , says another reasoj AutoZone has excelled recently is due to an increase in the number of cars whichhare seven-eight years old and older out on the “They’re out of warranty, they have to be fixee and in this everybody gets pinched and you have to find the cheapes t alternative to keep your car Lawrence says.
AutoZone might also be gaining sales from car and their relatedservice departments, closing. Besides providing auto parts for do-it-yourself customers, the majorit y of its business, AutoZone also sells parts to People are also deferring maintenance on their and when they do perform this they are often buying better qualityu parts and increasing their purchaseas at storeslike AutoZone. Brian AutoZone’s vice president of investor agrees the company has some tailwinde in this economy because peopl e are looking tosave money.
“It’ws a healthy one-two punch of the challengexs of the economy and spending some dollars to make surethat we’re capturing those customers once they come into our stores,” Campbell An example of this is AutoZone’s domestif same store sales, which increased 7.4% last The company’s sales per square at $58 last quarter, is the highesg in the industry. Campbell attributes that to many but focuses onthe company’s systems.
неділя, 10 червня 2012 р.
Crist signs bill to battle securities fraud - South Florida Business Journal:
ihituvofy.wordpress.com
During a ceremonial bill signinvg Monday atthe Miami-Dade County Crist, with Attorney General Bill McCollum and some of the bill’es sponsors at his side, signeds the Investor Protection Act (HB 483). It gives McCollum’s office, with approval from the , the authority to investigater andprosecute large-scale securities scams under the state’s securities law. Previously, white-collar criminaol prosecutions fell under theracketeering statute, which is harder to prove. Prosecutions also were limited to the officde ofthe state’s attorney, McCollum pointed out.
Crist notedr that this kind of authority was lacking durinh his tenure as attorney general and that this law woulxdput “teeth” into the state’s prosecutorial powers. The law enhancesw the Office ofFinancial Regulation’s enforcement powers by increasiny penalties for violators and strengthening the license registration requirements for securitiesz dealers. Penalties double from $5,000 to $10,000 as a result of the law, whic goes into effect Wednesday. State authorities will also be able to pursu e civil lawsuits to recoverlost money, McCollum McCollum worked with Rep. Tom Grady, R-Naples and Sen. Garrett R-Naples on the legislation. Both attended the signing. Sen.
Dan Gelber, D-Miamo Beach, a bill sponsor, also attended Monday’s ceremony. Gradyh is a securities attorney and experft in securities regulation who drafted the bill and sponsoresd it inthe House. “Now the attorneyy general will have the tools to do the said Grady, prior to the signing. “Out economy will grow stronger if investorsa have confidence in ourfinancial markets,” he said in a statement.
“Byg increasing the tools available to the state to prosecutee violators of oursecurities laws, we protect investors and foster needed trust in the
During a ceremonial bill signinvg Monday atthe Miami-Dade County Crist, with Attorney General Bill McCollum and some of the bill’es sponsors at his side, signeds the Investor Protection Act (HB 483). It gives McCollum’s office, with approval from the , the authority to investigater andprosecute large-scale securities scams under the state’s securities law. Previously, white-collar criminaol prosecutions fell under theracketeering statute, which is harder to prove. Prosecutions also were limited to the officde ofthe state’s attorney, McCollum pointed out.
Crist notedr that this kind of authority was lacking durinh his tenure as attorney general and that this law woulxdput “teeth” into the state’s prosecutorial powers. The law enhancesw the Office ofFinancial Regulation’s enforcement powers by increasiny penalties for violators and strengthening the license registration requirements for securitiesz dealers. Penalties double from $5,000 to $10,000 as a result of the law, whic goes into effect Wednesday. State authorities will also be able to pursu e civil lawsuits to recoverlost money, McCollum McCollum worked with Rep. Tom Grady, R-Naples and Sen. Garrett R-Naples on the legislation. Both attended the signing. Sen.
Dan Gelber, D-Miamo Beach, a bill sponsor, also attended Monday’s ceremony. Gradyh is a securities attorney and experft in securities regulation who drafted the bill and sponsoresd it inthe House. “Now the attorneyy general will have the tools to do the said Grady, prior to the signing. “Out economy will grow stronger if investorsa have confidence in ourfinancial markets,” he said in a statement.
“Byg increasing the tools available to the state to prosecutee violators of oursecurities laws, we protect investors and foster needed trust in the
субота, 9 червня 2012 р.
Response to "Shop talk, and talk, and talk ..." - Boston.com
retention-jackjacks.blogspot.com
Response to "Shop talk, and talk, and talk ..." Boston.com ... address the problem directly. katemc gave excellent advice: It sounds like you have made a couple of very nice and appropriate responses in an attempt to shift the conversation but they may have been too nice--with your reflection of "that sounds ... |
четвер, 7 червня 2012 р.
Garmin CEO shares
iwibacibem.wordpress.com
“This is the first annual meeting where I am not able to reporyrecord earnings,” Chairman and CEO Min Kao said. “oI share our shareholders’ disappointment in the performance of our stocok priceduring 2008.” But he emphasized his long-termn optimism for the company, which posted 10 percenft revenue growth last year compared with the previouws year — to nearly $3.5 billionh — and plans to stake a claimk soon in the burgeoning smartphone industry. All segmente have plenty of growth potential, and the managemenf team is “dedicated to the success and prudent management of this Kao said.
Garmin (Nasdaq: GRMN), which has a base in suffered plunging share prices and sales duringv the economic fallout late last Share prices also may have been affected by opinions that the portable navigatiomdevice segment, Garmin’s largest, is nearing saturation, company CFO Kevijn Rauckman said. During 2008, the share price fell about 80 percent, from almostf $95 to less than $20. At the which was held in Overlanrd Park and had a few hundred shareholders approved allthe board-recommended measures. That included re-electiny board members Kao and Charles Pefferfor three-yeadr terms, and approving amendmenta to an equity incentived plan and an employee directorz option plan.
Peffer, a formerd partner in , has been a director since 2004. Abouf 92 percent of shareholders were representee by proxy orin person. Shareholdersx asked several questions of including aboutthe company’s new its delayed first attempt at entering the growinf smartphone market. Garmin ranks No. 7 on the Kansas City Businesz Journal ’s list of area publivc companies.
“This is the first annual meeting where I am not able to reporyrecord earnings,” Chairman and CEO Min Kao said. “oI share our shareholders’ disappointment in the performance of our stocok priceduring 2008.” But he emphasized his long-termn optimism for the company, which posted 10 percenft revenue growth last year compared with the previouws year — to nearly $3.5 billionh — and plans to stake a claimk soon in the burgeoning smartphone industry. All segmente have plenty of growth potential, and the managemenf team is “dedicated to the success and prudent management of this Kao said.
Garmin (Nasdaq: GRMN), which has a base in suffered plunging share prices and sales duringv the economic fallout late last Share prices also may have been affected by opinions that the portable navigatiomdevice segment, Garmin’s largest, is nearing saturation, company CFO Kevijn Rauckman said. During 2008, the share price fell about 80 percent, from almostf $95 to less than $20. At the which was held in Overlanrd Park and had a few hundred shareholders approved allthe board-recommended measures. That included re-electiny board members Kao and Charles Pefferfor three-yeadr terms, and approving amendmenta to an equity incentived plan and an employee directorz option plan.
Peffer, a formerd partner in , has been a director since 2004. Abouf 92 percent of shareholders were representee by proxy orin person. Shareholdersx asked several questions of including aboutthe company’s new its delayed first attempt at entering the growinf smartphone market. Garmin ranks No. 7 on the Kansas City Businesz Journal ’s list of area publivc companies.
середа, 6 червня 2012 р.
Consumers
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The has filed for a stay on the detailk in a rate increase PUCO approved this monthnfor Columbus-based American Electridc Power (NYSE:AEP). Part of the PUCO orderd allows the company to pick up revenud it would have received had the rate increase takenb effect at the beginning of the AEP received roughly half of the 15 percenft annual electricity rate increase it sought for this yearthrougnh 2011.
If the commission next week gives approval to tariff AEP has filed since therate ruling, the increasew the PUCO approved for 2009 will be compresse into bills for the remaining months of this The consumers’ counsel opposed the retroactive rate but the request for a stay asks the PUCO to not put it into effectt until a determination is made aboug the legality of the provision. Consumers’ counsel spokesmab Ryan Lippe said the agency thinksw the retroactive increase violated Ohio lawand isn’t permitted in the sweepinhg electricity deregulation plan Gov. Ted Strickland signed last That paved the way for the rate increase AEP filecdlast summer.
The joined the Ohio Counsel in requestingthe stay. Shana a spokeswoman for the PUCO, wouldn’rt comment on the legal questions, stating only that the retroactiv e provision is an element ofthe commission’xs order. “If arguments are raised there is an opportunity for a rehearingy and the commission will have to consideer arguments as theycome up,” she said. An AEP spokeswomamn couldn’t be reached for comment. Lippe said the counsel intends to seek a rehearing on therate increase.
The has filed for a stay on the detailk in a rate increase PUCO approved this monthnfor Columbus-based American Electridc Power (NYSE:AEP). Part of the PUCO orderd allows the company to pick up revenud it would have received had the rate increase takenb effect at the beginning of the AEP received roughly half of the 15 percenft annual electricity rate increase it sought for this yearthrougnh 2011.
If the commission next week gives approval to tariff AEP has filed since therate ruling, the increasew the PUCO approved for 2009 will be compresse into bills for the remaining months of this The consumers’ counsel opposed the retroactive rate but the request for a stay asks the PUCO to not put it into effectt until a determination is made aboug the legality of the provision. Consumers’ counsel spokesmab Ryan Lippe said the agency thinksw the retroactive increase violated Ohio lawand isn’t permitted in the sweepinhg electricity deregulation plan Gov. Ted Strickland signed last That paved the way for the rate increase AEP filecdlast summer.
The joined the Ohio Counsel in requestingthe stay. Shana a spokeswoman for the PUCO, wouldn’rt comment on the legal questions, stating only that the retroactiv e provision is an element ofthe commission’xs order. “If arguments are raised there is an opportunity for a rehearingy and the commission will have to consideer arguments as theycome up,” she said. An AEP spokeswomamn couldn’t be reached for comment. Lippe said the counsel intends to seek a rehearing on therate increase.
понеділок, 4 червня 2012 р.
Landmark health reform bill passes Senate - The Business Journal of Milwaukee:
aaekipolo.blogspot.com
Also winning passage on Thursday was a the creatiob of a state agency charged with improving the delivery of health care acrossthe state. The “Healthy Kids Healthy Oregon” bill, which will increasw taxes on hospitals and healtnh insurersby $150 million per year, markws a major victory for Gov. Ted Kulongoski, who proposee the measure. It faced fierce opposition by hospitaol groups, who were pacified when their proposed tax hike was Insurers still maintain that the measure will increase the cost of health coverage for thousanddof Oregonians, by adding a 1 percenrt premium to the cost of commercial health By raising additional funds, however, the state will receiv e $500 million in unclaimed federal healthg care dollars.
The second which allocates two-year funding of $3 million from the state’as general fund, creates the Oregon Healthn Authority to oversee existing state programa that touch onhealth care. The new state agencty is charged with establishing healtyh industry cost control measures and with promoting healty care reform at anational level. Both billss now head to the governor forhis
Also winning passage on Thursday was a the creatiob of a state agency charged with improving the delivery of health care acrossthe state. The “Healthy Kids Healthy Oregon” bill, which will increasw taxes on hospitals and healtnh insurersby $150 million per year, markws a major victory for Gov. Ted Kulongoski, who proposee the measure. It faced fierce opposition by hospitaol groups, who were pacified when their proposed tax hike was Insurers still maintain that the measure will increase the cost of health coverage for thousanddof Oregonians, by adding a 1 percenrt premium to the cost of commercial health By raising additional funds, however, the state will receiv e $500 million in unclaimed federal healthg care dollars.
The second which allocates two-year funding of $3 million from the state’as general fund, creates the Oregon Healthn Authority to oversee existing state programa that touch onhealth care. The new state agencty is charged with establishing healtyh industry cost control measures and with promoting healty care reform at anational level. Both billss now head to the governor forhis
неділя, 3 червня 2012 р.
Amazing encore season just warming up - MLB.com
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Amazing encore season just warming up MLB.com You continue to be amazed by the Rays, and just when you're ready to count the Red Sox out, they start looking like a team capable of winning a World Series championship. It's pretty much the same story in the NL East. This might end up being Charlie ... |
пʼятниця, 1 червня 2012 р.
Muirfield Villiage is a gem modeled to some degree after Augusta National ... - CBSSports.com
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CBSSports.com | Muirfield Villiage is a gem modeled to some degree after Augusta National ... CBSSports.com Muirfield Village Golf Club is one of the gems of the PGA Tour and a decidedly private course modeled in some regards after Augusta National. The best chance for a civilian to play is to befriend, if not marry, one of Jack's nearly two-dozen ... |
четвер, 31 травня 2012 р.
Zicam maker pulls products, but affirms safety - Pacific Business News (Honolulu):
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The FDA said it received more than 130 complaints from consumerxs saying they have lost their sense of smel l after usingthe products. Jennifer Warren, a former schoolo teacher who livesin Huntsville, Ala., said she lost her sense of smello after using Zicam to prevent the duratiomn of a cold a few yearxs ago, but had never complained to the FDA or the compan y because she figured there was no way to proves Zicam caused her anosmia. She said she doesn’t want to sue Scottsdale-basecd Matrixx (Nasdaq:MTXX) even after learning otheras have had thesame “I don’t think Zicam was created to hurt she said.
“We sit here and we rip and we rave abour all these drugs not beingv allowed onthe market. The firsty time anything goes wrong, everybody wants to go sue, sue, sue. That drivesd me nuts. I honestly believe the peoplr were trying to do somethinb to help people notget sick.” William acting president and chief operating officeer of Matrixx, said the FDA action was taken withoutt reviewing research he wouled have been more than willing to provide. “We thinko the science does not support this allegation at he said. “Quite we would not be sellint the product if we thought itwas unsafe.
” Zicam products use a homeopathic remedy called Zincum Gluconicumk 2x, which means they require FDA Dr. Sam Benjamin, a medical doctor with a homeopathic saidhe can’t figure out why the FDA has taken so long to deal with the issue. “I can think of no part of alternativwe medicine that summons up more worry to conventionakl physiciansthan homeopathy,” said Benjamin, who has a medical talk show on KTAR 92.3 FM on Saturdayx at 2 p.m. and 1,000 followera on Twitter. “There are so many drugse around thatcause problems, why woule one event want to expose people to any Brett Berty, a senior recall strategisty at Stericycle Inc.
in Lake Forest, is coming to Phoenix this week to meet with Matrixx official to see if he can help the company withdamagw control. Usually, he said, companies will voluntarily recalp a product before the FDAgets involved. That’sd not how it happened with Matrixx. The FDA stepper in and warned Matrixx that it had received more than 130 consumet complaints and that the company needede to stop marketing the product until it can put a warning label on its packaging that it couldxcause anosmia. Over the past 10 Berty has worked with manufacturers to conducgabout 1,300 recalls, including Vioxx.
“Typically, the manufacturer will work with me prio r to approaching the regulatory he said. “The most important thinv for Matrixx is you can turn a seeminglyh awful situation into an opportunithyif you’re judged by the public as bein part of the solution. How swiftly do they executer that will demonstrate their concern forthe public’s safety.” When the FDA sent the warnintg letter to Matrixx and advised consumers not to use certain Zicajm cold remedies, on June 16, Matrixx’s stock plummetec 70 percent to $5.78 a share. It bouncefd up a bit to $6.13 a day but nowhere near its 52-week high of $19.
74, near its tradinvg point before the FDA sent thewarninb letter. For the fiscal year ended March 31, Matrixs reported $13.8 million in net incomwe on $112 million in net sales, up from $10.4 milliomn in net income on $101 million in net sale a year ago. Hemelt said he will be meetintg with FDA regulators to discuss the He also scheduled a conferencer callwith investors.
The FDA said it received more than 130 complaints from consumerxs saying they have lost their sense of smel l after usingthe products. Jennifer Warren, a former schoolo teacher who livesin Huntsville, Ala., said she lost her sense of smello after using Zicam to prevent the duratiomn of a cold a few yearxs ago, but had never complained to the FDA or the compan y because she figured there was no way to proves Zicam caused her anosmia. She said she doesn’t want to sue Scottsdale-basecd Matrixx (Nasdaq:MTXX) even after learning otheras have had thesame “I don’t think Zicam was created to hurt she said.
“We sit here and we rip and we rave abour all these drugs not beingv allowed onthe market. The firsty time anything goes wrong, everybody wants to go sue, sue, sue. That drivesd me nuts. I honestly believe the peoplr were trying to do somethinb to help people notget sick.” William acting president and chief operating officeer of Matrixx, said the FDA action was taken withoutt reviewing research he wouled have been more than willing to provide. “We thinko the science does not support this allegation at he said. “Quite we would not be sellint the product if we thought itwas unsafe.
” Zicam products use a homeopathic remedy called Zincum Gluconicumk 2x, which means they require FDA Dr. Sam Benjamin, a medical doctor with a homeopathic saidhe can’t figure out why the FDA has taken so long to deal with the issue. “I can think of no part of alternativwe medicine that summons up more worry to conventionakl physiciansthan homeopathy,” said Benjamin, who has a medical talk show on KTAR 92.3 FM on Saturdayx at 2 p.m. and 1,000 followera on Twitter. “There are so many drugse around thatcause problems, why woule one event want to expose people to any Brett Berty, a senior recall strategisty at Stericycle Inc.
in Lake Forest, is coming to Phoenix this week to meet with Matrixx official to see if he can help the company withdamagw control. Usually, he said, companies will voluntarily recalp a product before the FDAgets involved. That’sd not how it happened with Matrixx. The FDA stepper in and warned Matrixx that it had received more than 130 consumet complaints and that the company needede to stop marketing the product until it can put a warning label on its packaging that it couldxcause anosmia. Over the past 10 Berty has worked with manufacturers to conducgabout 1,300 recalls, including Vioxx.
“Typically, the manufacturer will work with me prio r to approaching the regulatory he said. “The most important thinv for Matrixx is you can turn a seeminglyh awful situation into an opportunithyif you’re judged by the public as bein part of the solution. How swiftly do they executer that will demonstrate their concern forthe public’s safety.” When the FDA sent the warnintg letter to Matrixx and advised consumers not to use certain Zicajm cold remedies, on June 16, Matrixx’s stock plummetec 70 percent to $5.78 a share. It bouncefd up a bit to $6.13 a day but nowhere near its 52-week high of $19.
74, near its tradinvg point before the FDA sent thewarninb letter. For the fiscal year ended March 31, Matrixs reported $13.8 million in net incomwe on $112 million in net sales, up from $10.4 milliomn in net income on $101 million in net sale a year ago. Hemelt said he will be meetintg with FDA regulators to discuss the He also scheduled a conferencer callwith investors.
вівторок, 29 травня 2012 р.
La Madeleine chooses new HQ site in Dallas - Boston Business Journal:
hyperwave-exhausted.blogspot.com
La Madeleine said it will relocateinto 17,000p square feet at 12201 Meritt Drive in Dallas. The buildintg that will house the restaurant chainb is a Class A buildinbg that just recentlyunderwent renovation. Le Madeleine signed a 10-year lease with Parmenter Two Foresrt LP forthe space. La Madeleine said it was attracted to the spac because the facility provides the company with the room needes to grow withthe company. Dallas-based architectural firm Benson and Hlavatg will design theinterior space. The facility is schedulee to be ready for its new tenantswin mid-July. La Madeleine's current headquarters is at 6688 N. Centrall Exwy, Ste. 700 in Dallas.
La Madeleine was represented by Josh senior vice presidentwith ; and Sharron Morrison, principakl with Transwestern. The landlord was represented by Matt vice presidentwith .
La Madeleine said it will relocateinto 17,000p square feet at 12201 Meritt Drive in Dallas. The buildintg that will house the restaurant chainb is a Class A buildinbg that just recentlyunderwent renovation. Le Madeleine signed a 10-year lease with Parmenter Two Foresrt LP forthe space. La Madeleine said it was attracted to the spac because the facility provides the company with the room needes to grow withthe company. Dallas-based architectural firm Benson and Hlavatg will design theinterior space. The facility is schedulee to be ready for its new tenantswin mid-July. La Madeleine's current headquarters is at 6688 N. Centrall Exwy, Ste. 700 in Dallas.
La Madeleine was represented by Josh senior vice presidentwith ; and Sharron Morrison, principakl with Transwestern. The landlord was represented by Matt vice presidentwith .
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