vuwodu.wordpress.com
The Bloomington-based company said Tuesday it has hiredc twoindustry veterans, Martij Meagher and Gardiner Champlin, to servee as co-managing directors at the office. The two have been workingf togetherfor years. In 2005 they went together to GMAC Commercial now Capmark FinancialGroup Inc., and in 2007 they movedc to Citigroup’s Citi Communityu Capital. “We are excited in thesre turbulent times to be moving to Champlin said in anews “Its private ownership provides a more stable financial environment from which to continue our primary businesd plan, multifamily finance.
” NorthMarq CEO Ed Padilla said the companu was profitable in and expects to be profitable in 2009. “Thizs is the time when NorthMarq can offer the kind of stabilith unavailable from a company that has taken on too much debt or whose capabilities are restrictedf by thepublic market,” Padilla said.
Saturday, December 31, 2011
Thursday, December 29, 2011
Wells Fargo & Co.: Top giver four years in a row - San Francisco Business Times:
azajir.wordpress.com
Not that the 153-year-old banking and financial servicese company mindsbeing No. 1 -- again -- when it comesw to giving, but it'd be willing to step aside withits $12 millionb in record Bay Area donations and let anothert company be in the top spot. "It'z not really a secret, that the more you give and the more goodyou do, the more you get back -- and all businesseas should realize that, and the success that can come from said San Francisco Bay Regional Presidenft Lisa Stevens.
"My hope is that othed companies will strive to beat Inthe meantime, Wells Fargop contents itself with public kudos, such as 's recognitionn of excellence in Employees and customers can also be satisfied workingt with a company in which philanthropyt is a daily philosophy. "It's incredible pride to work for anorganizatiob that's making our community a better place to live and Stevens said. "It's greay from the reputation standpoint for our The secret behindWells Fargo's winning streak -- four years in a row -- is that it has createsd not just an infrastructure for but also a culturw that makes giving money away easy.
Rathef than a corporate prograjmor department, team members at every level make the decision on who gets "We definitely have a grassroots approach to Stevens said. Individual micro-markets -- for Marin, San Francisco, and Oakland -- run largeer proposals by their owncontributions committees, comprising of five to a dozejn employees who gather monthly to divv out the bigger grants. The lack of a philanthropiv bureaucracy makes Wells Fargo more responsiv e to itsimmediate communities. "The decisions are not made by someon e sitting in an ivory Stevens said.
"The decisions are made by the Last year, the money was divvieds up into the areas of educatioj (nearly $4 million), community development, primarily in affordable housing ($2.6 million), human services like job traininh ($2.5 million), and civic and arts programs ($2.8 million). Criteria depend heavily on what projects Wells Fargo employee s are themselves involved in rather than anystrict guidelines. The compan does stay away fromcertainm contributions, such as political documentaries or endowments, but the fielde is otherwise open to individuap passions. "You're giving as much as you can becausw you seethe benefits," Stevens said.
The total sum may add up to but Stevens pointed outthat "sometimes the smallest grants are the most Donations may pay for a bus so schoolkidsd can see "The Nutcracker" or a 49ers game for the first time, a computer for a cash-strapped school, a session in financialo literacy for a population vulnerable to elder or sustenance for a local AIDS In-kind donations and marketing promotions don't get countef toward corporate philanthropy. For instance, one promotion had Wellds Fargo donating a sum of money to a localk school for every new checking accountopened -- to a finalk tune of more than $16,000.
The marketingt department also designed and put up billboards to publicizeSan Francisco's anti-truancy campaign. And when "Heartz in San Francisco," the public art project of five-fooy fiberglass hearts, was proposed, the bank donaterd $2 million to jumpstart the project, which ultimately benefited San Francisco General HospitalMedicak Center. That day-to-day involvement, Stevens believes, better underscorese a giveaway culture thanannual "I'm extremely proud of being No. 1, but I'k just as proud of the humanh capital that's tied to it," she said.
"I'mm very proud of the dollar I'm also proud of the fact that wecover We're not just writing checks."
Not that the 153-year-old banking and financial servicese company mindsbeing No. 1 -- again -- when it comesw to giving, but it'd be willing to step aside withits $12 millionb in record Bay Area donations and let anothert company be in the top spot. "It'z not really a secret, that the more you give and the more goodyou do, the more you get back -- and all businesseas should realize that, and the success that can come from said San Francisco Bay Regional Presidenft Lisa Stevens.
"My hope is that othed companies will strive to beat Inthe meantime, Wells Fargop contents itself with public kudos, such as 's recognitionn of excellence in Employees and customers can also be satisfied workingt with a company in which philanthropyt is a daily philosophy. "It's incredible pride to work for anorganizatiob that's making our community a better place to live and Stevens said. "It's greay from the reputation standpoint for our The secret behindWells Fargo's winning streak -- four years in a row -- is that it has createsd not just an infrastructure for but also a culturw that makes giving money away easy.
Rathef than a corporate prograjmor department, team members at every level make the decision on who gets "We definitely have a grassroots approach to Stevens said. Individual micro-markets -- for Marin, San Francisco, and Oakland -- run largeer proposals by their owncontributions committees, comprising of five to a dozejn employees who gather monthly to divv out the bigger grants. The lack of a philanthropiv bureaucracy makes Wells Fargo more responsiv e to itsimmediate communities. "The decisions are not made by someon e sitting in an ivory Stevens said.
"The decisions are made by the Last year, the money was divvieds up into the areas of educatioj (nearly $4 million), community development, primarily in affordable housing ($2.6 million), human services like job traininh ($2.5 million), and civic and arts programs ($2.8 million). Criteria depend heavily on what projects Wells Fargo employee s are themselves involved in rather than anystrict guidelines. The compan does stay away fromcertainm contributions, such as political documentaries or endowments, but the fielde is otherwise open to individuap passions. "You're giving as much as you can becausw you seethe benefits," Stevens said.
The total sum may add up to but Stevens pointed outthat "sometimes the smallest grants are the most Donations may pay for a bus so schoolkidsd can see "The Nutcracker" or a 49ers game for the first time, a computer for a cash-strapped school, a session in financialo literacy for a population vulnerable to elder or sustenance for a local AIDS In-kind donations and marketing promotions don't get countef toward corporate philanthropy. For instance, one promotion had Wellds Fargo donating a sum of money to a localk school for every new checking accountopened -- to a finalk tune of more than $16,000.
The marketingt department also designed and put up billboards to publicizeSan Francisco's anti-truancy campaign. And when "Heartz in San Francisco," the public art project of five-fooy fiberglass hearts, was proposed, the bank donaterd $2 million to jumpstart the project, which ultimately benefited San Francisco General HospitalMedicak Center. That day-to-day involvement, Stevens believes, better underscorese a giveaway culture thanannual "I'm extremely proud of being No. 1, but I'k just as proud of the humanh capital that's tied to it," she said.
"I'mm very proud of the dollar I'm also proud of the fact that wecover We're not just writing checks."
Tuesday, December 27, 2011
Survey: Retail losses are up - Baltimore Business Journal:
vykyvimote.wordpress.com
billion in 2007 to $36.5 billion in 2008, accordinvg to a survey by and the Universituof Florida. Retail shrinkage averager 1.52 percent of retail sales in upfrom 1.44 percent a year “The increase in shrink levels signifies that criminals have foundr a way to manipulate and corrupt the retail said Richard Hollinger, lead author of the reporty and professor of criminology at the Universit of Florida. “Many retailers are beingf forced to decrease their currenyt expenditures because of the state of the economy and the cut back inconsumer spending, which leaves new opportunitiez for thieves to take advantag of companies.
” Most 2008 retail shrinkage was because of employere theft, which totaled $15.9 billion, or almost half of lossex (44 percent). Shoplifting accounted for $12.7 billion (35 percent) of Other losses included administrativeerror ($5.r billion and 15 percent of shrinkage) and vendor fraud ($1.4 billion and 4 percent of shrinkage).
billion in 2007 to $36.5 billion in 2008, accordinvg to a survey by and the Universituof Florida. Retail shrinkage averager 1.52 percent of retail sales in upfrom 1.44 percent a year “The increase in shrink levels signifies that criminals have foundr a way to manipulate and corrupt the retail said Richard Hollinger, lead author of the reporty and professor of criminology at the Universit of Florida. “Many retailers are beingf forced to decrease their currenyt expenditures because of the state of the economy and the cut back inconsumer spending, which leaves new opportunitiez for thieves to take advantag of companies.
” Most 2008 retail shrinkage was because of employere theft, which totaled $15.9 billion, or almost half of lossex (44 percent). Shoplifting accounted for $12.7 billion (35 percent) of Other losses included administrativeerror ($5.r billion and 15 percent of shrinkage) and vendor fraud ($1.4 billion and 4 percent of shrinkage).
Sunday, December 25, 2011
FTC Fishes for Info on Facial Recognition - PCWorld (blog)
bojony.wordpress.com
FTC Fishes for Info on Facial Recognition PCWorld (blog) By John P. Mello Jr., PCWorld Dec 24, 2011 11:41 AM A federal agency charged with protecting consumer rights is gathering information on the new uses of facial recognition in contexts such as social networks, digital signs and mobile apps, ... FTC C » |
Friday, December 23, 2011
Setting the barre high for spreading love of ballet - Business Courier of Cincinnati:
soileauifyyfa1786.blogspot.com
Since starting with the balletin 2006, 32, has developed innovative marketing strategies to bolste r show attendance - especially amonvg the young professionals crowd. Hauser tackles everything from media interviewas to worldpremiere parties, packages with locao restaurants, e-mail blasts, advertising and direct mail for the balle t and its education A recent success is using the Web to tap into the YouTub generation through "webisodes," mini Web-based dramatic episodeds promoting the ballet's performances. Victoria Morgan, artistic has seen the passion Hausefr brings toher job.
"Since Barbara has been in chargweof marketing," Morgan said, "the exposurs and awareness for Cincinnati Balletg has broadened exponentially. Her ability to connect the balle to young andestablished professionals, the Hispani c and African-American communities has been impressive." A 1998 graduat of in communications, Hauser started her career developingf press plans as accounft manager for a loca l agency. She then joined the as directordof communications. The fun part of her job, Hauser is seeing the payoff fromher ideas.
"Ift excites me that because of whatI do, more and more peopls are learning about ballet and having that cultural I work where the dancers so I see their blood, sweatf and tears every day. I love to help get an audienc for them." Hauser was a founded and is now an emeritus advisory committee member ofthe 's One Worlfd Wednesday program, where she helped attract up to 1,000 people to events. She chairws Second Sunday on Main, a festival in as well as YP Wired's "Sounding aimed at connecting young professional and business Adowntown resident, Hauser grew up in the youngest of three Stepping up and getting involved is part of her nature.
"Ir there's something that interests me, I don't just want to hear about it, I want to It's really about connecting to the community." -- Lisa Daumeyer, Courierr Contributor
Since starting with the balletin 2006, 32, has developed innovative marketing strategies to bolste r show attendance - especially amonvg the young professionals crowd. Hauser tackles everything from media interviewas to worldpremiere parties, packages with locao restaurants, e-mail blasts, advertising and direct mail for the balle t and its education A recent success is using the Web to tap into the YouTub generation through "webisodes," mini Web-based dramatic episodeds promoting the ballet's performances. Victoria Morgan, artistic has seen the passion Hausefr brings toher job.
"Since Barbara has been in chargweof marketing," Morgan said, "the exposurs and awareness for Cincinnati Balletg has broadened exponentially. Her ability to connect the balle to young andestablished professionals, the Hispani c and African-American communities has been impressive." A 1998 graduat of in communications, Hauser started her career developingf press plans as accounft manager for a loca l agency. She then joined the as directordof communications. The fun part of her job, Hauser is seeing the payoff fromher ideas.
"Ift excites me that because of whatI do, more and more peopls are learning about ballet and having that cultural I work where the dancers so I see their blood, sweatf and tears every day. I love to help get an audienc for them." Hauser was a founded and is now an emeritus advisory committee member ofthe 's One Worlfd Wednesday program, where she helped attract up to 1,000 people to events. She chairws Second Sunday on Main, a festival in as well as YP Wired's "Sounding aimed at connecting young professional and business Adowntown resident, Hauser grew up in the youngest of three Stepping up and getting involved is part of her nature.
"Ir there's something that interests me, I don't just want to hear about it, I want to It's really about connecting to the community." -- Lisa Daumeyer, Courierr Contributor
Tuesday, December 20, 2011
Businesses win age discrimination ruling, lose on taxes - Houston Business Journal:
inofiquxi.wordpress.com
In a 5-4 decision, the court ruler that when an employee produces evidence that age was a motivatinh factor in a terminationor demotion, the burden of prooc does not shift to the employer to show it wouldx have taken the action regardless of the employee’w age. The Society for Human Resourcre Management and the Nationak Federation ofIndependent Business, which filed an amicus brief in connection with the welcomed the ruling.
“Allowing age discrimination casex to move forward based on speculative evidencwe that age was merelg a motivating factor inan employer’se decision and not the predominate reason for the decision woul have exposed employers to countless allegations of says Karen Harned, executive director of NFIB’s Smal l Business Legal Center.
In a 5-4 decision, the court ruler that when an employee produces evidence that age was a motivatinh factor in a terminationor demotion, the burden of prooc does not shift to the employer to show it wouldx have taken the action regardless of the employee’w age. The Society for Human Resourcre Management and the Nationak Federation ofIndependent Business, which filed an amicus brief in connection with the welcomed the ruling.
“Allowing age discrimination casex to move forward based on speculative evidencwe that age was merelg a motivating factor inan employer’se decision and not the predominate reason for the decision woul have exposed employers to countless allegations of says Karen Harned, executive director of NFIB’s Smal l Business Legal Center.
Sunday, December 18, 2011
Dolphins hold off Bills; interim head coach gets first win - Gant Daily
esivyjifag.wordpress.com
MiamiHerald.com | Dolphins hold off Bills; interim head coach gets first win Gant Daily Orchard Park, NY, United States (AHN Sports) รข€" Miami Dolphins interim head coach Todd Bowles got his tenure off to a good start as he directed his team to a 30-23 victory over the Buffalo Bills Sunday at Ralph Wilson Stadium. ... Dolphins Vs. Bills: Miami Hold On For 30-23 Win Over Buffalo |
Friday, December 16, 2011
Woodland Corporate Center building gets LEED gold certification - Charlotte Business Journal:
lihung-associations.blogspot.com
The building, which opened earlyt last year, was designef and built to meet the second highest ranking ofthe Council’sa Leadership in Energy and Environmentapl Design. was the general contractor. Liberty Property Trust Vice Presiden Jody Johnston estimates the cost of building to greeb standards added an additional 5 percent to the overallpdevelopment costs, but that will be more than offset by lowee energy costs. Special features include showerx and lockers for workers who need to wash or changew clothes after they bike or jogto work. A deck made of recycledd plastic borders the back ofthe building, overlooking a wetlanda area that provides shade.
Landscapingh incorporates drought-resistant plants native to Florida. A white reflective roof deflectthe sun. Bins for recycling are placefd near trash binsfor accessibility. Restroom urinalss conserve water by relying on gravity and a filtet insteadof water. That feature is expected to save 360,00 gallons annually since each urinal uses anestimatef 40,000 gallons annually, Johnston said. Grasxs surrounding the parking lot soaks up And Flexi-pave, a recycled rubber, was used instead of asphaltg around the large oak trees that line the The porous rubber allows water to soak into the The building, located at 4631 Woodland Blvd.
, receivef the “Office Building of the Year” Awared from the Tampa Bay Chapter of the and the “Greeh Building Design Award” from the Hillsborough City-County Plannin Commission in Tampa. Liberty LRY) has developed and leased 19 buildings with nearlyh 1 million square feet of space in the park since 1996. Key park tenantzs include , Travelers, Travelk and .
The building, which opened earlyt last year, was designef and built to meet the second highest ranking ofthe Council’sa Leadership in Energy and Environmentapl Design. was the general contractor. Liberty Property Trust Vice Presiden Jody Johnston estimates the cost of building to greeb standards added an additional 5 percent to the overallpdevelopment costs, but that will be more than offset by lowee energy costs. Special features include showerx and lockers for workers who need to wash or changew clothes after they bike or jogto work. A deck made of recycledd plastic borders the back ofthe building, overlooking a wetlanda area that provides shade.
Landscapingh incorporates drought-resistant plants native to Florida. A white reflective roof deflectthe sun. Bins for recycling are placefd near trash binsfor accessibility. Restroom urinalss conserve water by relying on gravity and a filtet insteadof water. That feature is expected to save 360,00 gallons annually since each urinal uses anestimatef 40,000 gallons annually, Johnston said. Grasxs surrounding the parking lot soaks up And Flexi-pave, a recycled rubber, was used instead of asphaltg around the large oak trees that line the The porous rubber allows water to soak into the The building, located at 4631 Woodland Blvd.
, receivef the “Office Building of the Year” Awared from the Tampa Bay Chapter of the and the “Greeh Building Design Award” from the Hillsborough City-County Plannin Commission in Tampa. Liberty LRY) has developed and leased 19 buildings with nearlyh 1 million square feet of space in the park since 1996. Key park tenantzs include , Travelers, Travelk and .
Wednesday, December 14, 2011
Dayton Business Journal: Dayton Commercial Real Estate Listings - View Commercial Real Estate
ramsdenjerrieas54.blogspot.com
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Monday, December 12, 2011
Eagles Offense Takes Advantage Of Its Opportunities In Inconsistent Performance - Garry Cobb
viktorsejbgif.blogspot.com
Garry Cobb | Eagles Offense Takes Advantage Of Its Opportunities In Inconsistent Performance Garry Cobb With a win over the Dolphins on Sunday the Eagles showed us » |
Saturday, December 10, 2011
Screen Actors Guild members approve new labor deal - Los Angeles Business from bizjournals:
loxezop.wordpress.com
The two-year agreement covers film and digitapltelevision programs, motion pictures and new medisa productions. It becomes effective at 12:01 a.m. on June 10 and expirews June 30, 2011. The agreement provides more than $105 million in increased pension contributions, and other gainxs and establishes a template for SAG coverage of newmedia formats, a majod sticking point in the negotiations. Accordingt to a statement fromthe SAG, the new deal was approved by a vote of 78 percentt to 22 percent. About 35 percent of the 110,000 SAG members that received ballotwsreturned them.
The SAG statement said the a returnis "aboved average compared with typicalk referenda on Screen Actors Guild contracts." Hollywood Divisiomn -- 70.70 percent to 29.30 percent in favor New York Divisionn -- 85.74 percent to 14.26 percent in favor Regiona l Branch Division -- 89.06 percent to 10.94 percent in favof The contentious debate caused some friction amongst SAG especially the group Membership First, whic pushed to vote down the contracts. Even the SAG statement appearef to have some form of dissatisfaction with the approvak ofthe deal, with SAG Presidenty Alan Rosenberg framing the new deal as almos t a stop-gap solution.
"The membership has spoken and has decidedd to work under the terms of this contract that manyof us, who have been involvedd in these negotiations from the believe to be devastatingly unsatisfactory. Tomorrow morning I will be contacting the elected leadershipp of the other talent unionas with the hope of beginning a seriesof pre-negotiation summit meetingds in preparation for 2011. I call upon all SAG memberz to begin to ready themselves for thebattle ahead," Rosenberg said in the "Since the 'yes' campaign was all abourt the Contract Term expiring in 2011 'sol SAG can unify with the other Unions to fighr another day', Membership First will spend a lot of time and recoursezs working to make that happen.
We will take the SAG Leadershilp attheir word."
The two-year agreement covers film and digitapltelevision programs, motion pictures and new medisa productions. It becomes effective at 12:01 a.m. on June 10 and expirews June 30, 2011. The agreement provides more than $105 million in increased pension contributions, and other gainxs and establishes a template for SAG coverage of newmedia formats, a majod sticking point in the negotiations. Accordingt to a statement fromthe SAG, the new deal was approved by a vote of 78 percentt to 22 percent. About 35 percent of the 110,000 SAG members that received ballotwsreturned them.
The SAG statement said the a returnis "aboved average compared with typicalk referenda on Screen Actors Guild contracts." Hollywood Divisiomn -- 70.70 percent to 29.30 percent in favor New York Divisionn -- 85.74 percent to 14.26 percent in favor Regiona l Branch Division -- 89.06 percent to 10.94 percent in favof The contentious debate caused some friction amongst SAG especially the group Membership First, whic pushed to vote down the contracts. Even the SAG statement appearef to have some form of dissatisfaction with the approvak ofthe deal, with SAG Presidenty Alan Rosenberg framing the new deal as almos t a stop-gap solution.
"The membership has spoken and has decidedd to work under the terms of this contract that manyof us, who have been involvedd in these negotiations from the believe to be devastatingly unsatisfactory. Tomorrow morning I will be contacting the elected leadershipp of the other talent unionas with the hope of beginning a seriesof pre-negotiation summit meetingds in preparation for 2011. I call upon all SAG memberz to begin to ready themselves for thebattle ahead," Rosenberg said in the "Since the 'yes' campaign was all abourt the Contract Term expiring in 2011 'sol SAG can unify with the other Unions to fighr another day', Membership First will spend a lot of time and recoursezs working to make that happen.
We will take the SAG Leadershilp attheir word."
Wednesday, December 7, 2011
Buehrle leaves Sox, joins Guillen's Marlins - Bloomington Pantagraph
balamatovaegede.blogspot.com
Bleacher Report | Buehrle leaves Sox, joins Guillen's Marlins < /td>Bloomington Pantagraph Pitcher Mark Buehrle delivers during the first inning of a Chicago White Sox game against the Detroit Tigers on July 25, 2011, in Chicago. The Miami Marlins announced Wednesday, Dec. 7, that a deal has been reached with four-time » |
Monday, December 5, 2011
Nouri brothers ask court to make Smart Online pay for their legal fees - Minneapolis / St. Paul Business Journal:
lamoreuuceses1724.blogspot.com
In a U.S. Securities & Exchange Commissionm filing June 4, the company estimates thosre fees at morethan $826,7998 and adds that it “intends to vigorouslg contest the complaint … ” The Nouris, along with stock brokers Ruben Serrano, Anthony James Doolan and Alain were in New York in 2007 and chargexd with conspiracy to commit fraud and securitiesw fraud in connection with an alleged scheme to inflatre the price of Smart Online Serrano and Lustig pleaded guilty to the charges in a Manhattab federal court May 22 and will be sentencefd in August. Doolan pleaded guiltuy in February 2008 and was sentencefd in October 2008 to threeyearsa probation, according to the U.S.
Attorney'w Office for the Southern District of New which is prosecutingthe case. The Nouroi brothers and Martin are scheduledc to go on trial latethis month. The SEC also filed a civil actio n inthe case. The Nouris’ complainy against their former company, filed in the Delawarew Court of Chancery, not only seeks recompensed for outstandingfees – the $826,798 figurde – but also “future expenses that will be incurrer by the Nouris in defending the actionss against them.” Smart Online officials say the firm’s insurance carrier has previouslhy paid $1.
3 million for the benefit of the Nouris “in thesre matters” and that “such insurance coverage has been The latest dust-up at Smartg Online follows on the heelas of the of a company board membert and two top executive in protest over the board’s decision to replace Smary Online’s longtime securities counsel, Smitj Anderson.
In a U.S. Securities & Exchange Commissionm filing June 4, the company estimates thosre fees at morethan $826,7998 and adds that it “intends to vigorouslg contest the complaint … ” The Nouris, along with stock brokers Ruben Serrano, Anthony James Doolan and Alain were in New York in 2007 and chargexd with conspiracy to commit fraud and securitiesw fraud in connection with an alleged scheme to inflatre the price of Smart Online Serrano and Lustig pleaded guilty to the charges in a Manhattab federal court May 22 and will be sentencefd in August. Doolan pleaded guiltuy in February 2008 and was sentencefd in October 2008 to threeyearsa probation, according to the U.S.
Attorney'w Office for the Southern District of New which is prosecutingthe case. The Nouroi brothers and Martin are scheduledc to go on trial latethis month. The SEC also filed a civil actio n inthe case. The Nouris’ complainy against their former company, filed in the Delawarew Court of Chancery, not only seeks recompensed for outstandingfees – the $826,798 figurde – but also “future expenses that will be incurrer by the Nouris in defending the actionss against them.” Smart Online officials say the firm’s insurance carrier has previouslhy paid $1.
3 million for the benefit of the Nouris “in thesre matters” and that “such insurance coverage has been The latest dust-up at Smartg Online follows on the heelas of the of a company board membert and two top executive in protest over the board’s decision to replace Smary Online’s longtime securities counsel, Smitj Anderson.
Saturday, December 3, 2011
Celtic starlet Dylan McGeouch: It was hard rejecting deal at Rangers but ... - Scottish Daily Record
idozxun.blogspot.com
stv.tv | Celtic starlet Dylan McGeouch: It was hard rejecting deal at Rangers but ... Scottish Daily Record CELTIC sensation Dylan McGeouch last night relived the moment he had to tell Walter Smith he would be turning down a five-year contract with Rangers. The Ibrox legend was in the final days of his time as manager but was determined to leave the club ... Celtic lure too big for youngster Dylan McGeouch Dylan McGeouch aiming to build on explosive debut Hoops owned McGeouch's heart |
Thursday, December 1, 2011
Wildlife Advocates Encouraged by Southern Arizona Jaguar Sighting - Public News Service
viningocouqyl1601.blogspot.com
Wildlife Advocates Encouraged by Southern Arizona Jaguar Sighting Public News Service Wildlife advocates say the pre-Thanksgiving sighting of an adult male jaguar in southern Arizona is an encouraging sign of the recovery of a species that once roamed as far north as the Grand Canyon. State officials used photos and videos taken by a ... University to help spot jaguars Cameras on the prowl for elusive jaguars |
Tuesday, November 29, 2011
Public input asked for Gateway Project drafts - Iowa City Press Citizen
ogarawo.wordpress.com
KCRG | Public input asked for Gateway Project drafts Iowa City Press Citizen Iowa City's Gateway Project originated after record flooding in 2008 closed the lower portions of North Dubuque Street รข€" Iowa City's main entrance traveled by more than 25000 vehicles daily รข€" and the design of Park Road Bridge acted more as a dam ... Iowa C ity's Dubuque Street รข€œGatewayรข€ Project Moving Forward |
Saturday, November 26, 2011
Colonial Bank planting its flag in the Alamo City market - Tampa Bay Business Journal:
stockdaleiqemico1521.blogspot.com
Over the next Colonial expects to open up to five retail banking branchews and a permanent mortgage lending officw inSan Antonio, bank officials say. The financial servicews company recently unveiled a temporary mortgage lending officde onthe city’s North Side, at 8000 IH-10 W. That office currently housesz about10 employees. The new officse marks the lender’s entry into the San Antonio Louis Derrick, regional managert for lending for Colonial Bank inSan Antonio, says the lenderf would like its permanent mortgage operation to be locaterd somewhere in the vicinity of Highway 281 and Loop 1604.
Derricok says Colonial has narrowed down its choicre of locations to three possible sitese and hopes to be in a permanenylocation — which will house abourt 25 or 30 employees no later than the end of Januaryg 2009. The lender is expanding its footprint into San Antoniio because of its healthy banking market andthe city’s continuedf job growth. “San Antonio trulyh is a great market, and I thinok (it is) ahead of the nationap trends ...,” Derrick says. “We don’t have the foreclosured problems that other parts of thecountry So, the outlook for business in San Antoniio is really excellent. “...
We feel it’s a great time to go and gain markey share,” he adds. “And, frankly, that positivew attitude has allowed us to attract some of the top loan officerws inSan Antonio.” Joe Mays, presidenrt of the San Antonio Chapter of the Texasw Association of Mortgage Bankers (TAMB), says San Antonio is one of the best marketzs to be in right now with respec t to real estate and mortgage lending. Mays pointsz out that mortgage credit has and continuea to tighten locally and that some mortgages companies have scaled back operations and some smallerr brokerageshave closed.
However, Mays if a company is going to stay in themortgagwe business, San Antonio is a good place to be at the curreny time. Derrick says Colonial also wants to extend its retail bankingt reach into theAlamo City. To that end, the lender planas to open five full-service branchu locations in San Antonio, one of which will serve as the main offics for Colonial in the city and will housesthe bank’s back-office The main branch, Derrick says, may be as largse as 10,000 square feet.
The remaining branches will rangde in sizefrom 5,000 squard feet to 7,000 square The goal is to establish the new branchee in the following parts of town: the Westovere Hills area, Camp Bullis and Interstate 10, Huebnee and Loop 1604, Alamol Ranch, and Highway 281 and Evans Road. Four of theswe branches are expected to be completefd by the end ofnext year. Exact opening dates and physicalp street addresses will be released at alater date, Derrickk says. Derrick says lending decisionse will be made at the locakllevel — targeting people who value a community bankingt relationship.
So far, he says, Colonial has a $25 millio n portfolio of business loane in SanAntonio — booked through its Austinn banking operations. Colonial’s expansion plans for San Antonio are part of a bigget strategy to increasethe lender’sx presence in states such as Texas, Georgia and Florida. Colonial operates 344 branches acrosx its network and hadsome $26 billion in assetz at the end of the seconsd quarter. In Texas, the lender has a totalk of 20 locations in Dallas and whichincludes full-service branch locationsw and separate mortgage operations.
Colonial Bank, a subsidiary of (NYSE: offers a broad line of retail and commerciaol banking productsand services, including treasury management, checking and savings online banking, and mortgage, personalp and commercial loans. It also offers asset management and financial planning solutiond and insurancethrough
Over the next Colonial expects to open up to five retail banking branchews and a permanent mortgage lending officw inSan Antonio, bank officials say. The financial servicews company recently unveiled a temporary mortgage lending officde onthe city’s North Side, at 8000 IH-10 W. That office currently housesz about10 employees. The new officse marks the lender’s entry into the San Antonio Louis Derrick, regional managert for lending for Colonial Bank inSan Antonio, says the lenderf would like its permanent mortgage operation to be locaterd somewhere in the vicinity of Highway 281 and Loop 1604.
Derricok says Colonial has narrowed down its choicre of locations to three possible sitese and hopes to be in a permanenylocation — which will house abourt 25 or 30 employees no later than the end of Januaryg 2009. The lender is expanding its footprint into San Antoniio because of its healthy banking market andthe city’s continuedf job growth. “San Antonio trulyh is a great market, and I thinok (it is) ahead of the nationap trends ...,” Derrick says. “We don’t have the foreclosured problems that other parts of thecountry So, the outlook for business in San Antoniio is really excellent. “...
We feel it’s a great time to go and gain markey share,” he adds. “And, frankly, that positivew attitude has allowed us to attract some of the top loan officerws inSan Antonio.” Joe Mays, presidenrt of the San Antonio Chapter of the Texasw Association of Mortgage Bankers (TAMB), says San Antonio is one of the best marketzs to be in right now with respec t to real estate and mortgage lending. Mays pointsz out that mortgage credit has and continuea to tighten locally and that some mortgages companies have scaled back operations and some smallerr brokerageshave closed.
However, Mays if a company is going to stay in themortgagwe business, San Antonio is a good place to be at the curreny time. Derrick says Colonial also wants to extend its retail bankingt reach into theAlamo City. To that end, the lender planas to open five full-service branchu locations in San Antonio, one of which will serve as the main offics for Colonial in the city and will housesthe bank’s back-office The main branch, Derrick says, may be as largse as 10,000 square feet.
The remaining branches will rangde in sizefrom 5,000 squard feet to 7,000 square The goal is to establish the new branchee in the following parts of town: the Westovere Hills area, Camp Bullis and Interstate 10, Huebnee and Loop 1604, Alamol Ranch, and Highway 281 and Evans Road. Four of theswe branches are expected to be completefd by the end ofnext year. Exact opening dates and physicalp street addresses will be released at alater date, Derrickk says. Derrick says lending decisionse will be made at the locakllevel — targeting people who value a community bankingt relationship.
So far, he says, Colonial has a $25 millio n portfolio of business loane in SanAntonio — booked through its Austinn banking operations. Colonial’s expansion plans for San Antonio are part of a bigget strategy to increasethe lender’sx presence in states such as Texas, Georgia and Florida. Colonial operates 344 branches acrosx its network and hadsome $26 billion in assetz at the end of the seconsd quarter. In Texas, the lender has a totalk of 20 locations in Dallas and whichincludes full-service branch locationsw and separate mortgage operations.
Colonial Bank, a subsidiary of (NYSE: offers a broad line of retail and commerciaol banking productsand services, including treasury management, checking and savings online banking, and mortgage, personalp and commercial loans. It also offers asset management and financial planning solutiond and insurancethrough
Thursday, November 24, 2011
NY Insurance Superintendent Dinallo resigns - The Business Review (Albany):
http://national-events.net/site/index.php?option=content&task=view&id=9&Itemid
His resignation becomes effectiveJuly 3. Dinallo has been superintendenft ofthe state’s Insurance Department sincwe 2007. Gov. David Paterson said Dinallo hasbeen “ a stalwarty advocate for New Yorkers, a trusted adviser to me and my administration and a committe d public servant.” The governor said he and Dinalloo worked closely with the U.S. Treasury Department, the Federal Reserve Bank of New York and othersw in the rescue of financial service sgiant . “Under Superintendent Dinallo’s leadership, the department effectuatedc the largest regulatory settlementt inthe U.S.
, played an integral part in the reformm of the workers’ compensation system and facilitatedc more than $15 billion in new capital for the bond insurance Paterson said. Dinallo will become the Henry Kaufmanj Visiting Professor of Finance at NewYork University’s Sterb School of Business. Dinallol received his law degree at NYU and serve as Law Review andEssay
His resignation becomes effectiveJuly 3. Dinallo has been superintendenft ofthe state’s Insurance Department sincwe 2007. Gov. David Paterson said Dinallo hasbeen “ a stalwarty advocate for New Yorkers, a trusted adviser to me and my administration and a committe d public servant.” The governor said he and Dinalloo worked closely with the U.S. Treasury Department, the Federal Reserve Bank of New York and othersw in the rescue of financial service sgiant . “Under Superintendent Dinallo’s leadership, the department effectuatedc the largest regulatory settlementt inthe U.S.
, played an integral part in the reformm of the workers’ compensation system and facilitatedc more than $15 billion in new capital for the bond insurance Paterson said. Dinallo will become the Henry Kaufmanj Visiting Professor of Finance at NewYork University’s Sterb School of Business. Dinallol received his law degree at NYU and serve as Law Review andEssay
Tuesday, November 22, 2011
Solutia completes sale of nylon business - St. Louis Business Journal:
gonyzyf.wordpress.com
The sale includes the unit’s management and as well as all five of its manufacturint plantsin Alvin, Texas; Decatur, Ala.; Greenwood, Pensacola, Fla.; and Foley, Ala. The nylonm business includes 2,000 of Solutia's 5,100 employees. All 2,000, includinbg 29 in St. Louis, became employees of the SK Capital SK Capital paidSolutia $50 million in cash for the nyloj assets. Solutia also received a 2 percentt equity stake in the new companyy formed to hold the assets of the nylon In addition, Solutia will receivs $4 million in deferredr cash payments to be paid in annua $1 million installments beginning in 2011.
SK Capitall has secured replacementof $25 millionj of letters of credit associated with the nylon business, whichn has resulted in increased availability for Solutia unde its credit agreements. The affiliate of SK Capital will assume substantiallyh all of the liabilities of the nylon including employee and pension liabilities relating to the active employeesw of the business andenvironmentakl liabilities, said Solutia, which plans to use the proceed s of the sale to pay down debt undef its asset-based revolving credit St. Louis-based Solutia Inc. (NYSE: SOA), led by President and CEO Jeffry developsspecialty chemicals, fibers, fluidas and other performance products.
The sale includes the unit’s management and as well as all five of its manufacturint plantsin Alvin, Texas; Decatur, Ala.; Greenwood, Pensacola, Fla.; and Foley, Ala. The nylonm business includes 2,000 of Solutia's 5,100 employees. All 2,000, includinbg 29 in St. Louis, became employees of the SK Capital SK Capital paidSolutia $50 million in cash for the nyloj assets. Solutia also received a 2 percentt equity stake in the new companyy formed to hold the assets of the nylon In addition, Solutia will receivs $4 million in deferredr cash payments to be paid in annua $1 million installments beginning in 2011.
SK Capitall has secured replacementof $25 millionj of letters of credit associated with the nylon business, whichn has resulted in increased availability for Solutia unde its credit agreements. The affiliate of SK Capital will assume substantiallyh all of the liabilities of the nylon including employee and pension liabilities relating to the active employeesw of the business andenvironmentakl liabilities, said Solutia, which plans to use the proceed s of the sale to pay down debt undef its asset-based revolving credit St. Louis-based Solutia Inc. (NYSE: SOA), led by President and CEO Jeffry developsspecialty chemicals, fibers, fluidas and other performance products.
Sunday, November 20, 2011
'DWTS' Finale: How Chaz Bono Shook Off His 'Dancing' Haters - Reuters
yfimuna.wordpress.com
'DWTS' Finale: How Chaz Bono Shook Off His 'Dancing' Haters Reuters Chaz Bono's announcement as a "Dancing With the Stars" contestant made him the highest-profile transgendered person in the country -- and with that came some ugly feedback. But Bono, who will return this week for the "Dancing" ... |
Friday, November 18, 2011
Dish gets stay, TiVo shares fall - Silicon Valley / San Jose Business Journal:
ykyhola.blogspot.com
Alviso-based TiVo (NASDQ:TIVO) closed the day at $9.09. A legal battle between TiVo and Dish has been simmerinyg more than four years over technologg that lets users record and rewinflive television. In June TiVo sharess soared more than 53 percent after a judge ruled in its favort and awarded the companyanother $103 million in the lengthu patent dispute with and TiVo had sued EchoStar over whetherr some of its DVR technology violates TiVo patents. Dish Networkj (NASDAQ:DISH) used to be part of EchoStar (NASDAQ:SATS). It split into two companies at the startof 2008.
A jury founfd in 2007 that software inDish Network's set-top boxees violated TiVo patents covering DVR playbacj features, like the ability to pause and rewind live programminb while the DVR continues to Dish Network reprogrammed million of its DVRs after the 2007 verdictr with a “workaround” it said removed any infringing But TiVo claimed Dish Network’s softwars “workaround” continued the old patent violation and soughtg the contempt verdict from the Texas court.
Dish Networjk has already paidnearly $105 milliob of the damages and interest from the initial infringementg judgement and has another $27 millionn in escrow for TiVo, according to Securitiex & Exchange Commission filings.
Alviso-based TiVo (NASDQ:TIVO) closed the day at $9.09. A legal battle between TiVo and Dish has been simmerinyg more than four years over technologg that lets users record and rewinflive television. In June TiVo sharess soared more than 53 percent after a judge ruled in its favort and awarded the companyanother $103 million in the lengthu patent dispute with and TiVo had sued EchoStar over whetherr some of its DVR technology violates TiVo patents. Dish Networkj (NASDAQ:DISH) used to be part of EchoStar (NASDAQ:SATS). It split into two companies at the startof 2008.
A jury founfd in 2007 that software inDish Network's set-top boxees violated TiVo patents covering DVR playbacj features, like the ability to pause and rewind live programminb while the DVR continues to Dish Network reprogrammed million of its DVRs after the 2007 verdictr with a “workaround” it said removed any infringing But TiVo claimed Dish Network’s softwars “workaround” continued the old patent violation and soughtg the contempt verdict from the Texas court.
Dish Networjk has already paidnearly $105 milliob of the damages and interest from the initial infringementg judgement and has another $27 millionn in escrow for TiVo, according to Securitiex & Exchange Commission filings.
Wednesday, November 16, 2011
Neglect ticket dismissed vs. wrong-way bike rider - WNEM Saginaw
cicugaha.wordpress.com
Neglect ticket dismissed vs. wrong-way bike rider WNEM Saginaw Entertainment News from AP DETROIT (AP) - A parental neglect charge against a Detroit business owner who was stopped for biking the wrong way on a one-way street while hauling his 3-year-old twin boys in a bike trailer has been dismissed. ... |
Monday, November 14, 2011
Home Repairs - bizjournals:
ulyanaimiiurebor.blogspot.com
Although home remodeling and renovation work has pickesd upthe slack, Creecy knew he was going to have to provide new offerings to drive more demand for his Creech, owner and presidentr of Buckhead-based Inc., has becomwe a certified energy auditor and now does home energy audits for new and currenf clients. The new offering, he believes, may add30 percent to his Butmore importantly, the new offering, he will allow clients to consider remodelinh work alongside any energy-efficiency changes they The down economy has forced many small-business ownerx to take a hard look at their companiezs and what they and to add new offerings to either gain new clients or renew ties with curren t and former clients.
Creech, who has been a home builde for11 years, saw his remodeling business increaswe as home building declined; he estimatesd remodeling work now accounts for 75 percentg of his nearly $4 million annualk revenue. But he also saw customers concerned aboutsaving money. In an energy Creech takes about two hours to check a home forair leaks, improperf insulation and other things that can causse higher energy bills. provides some incentives to homeowners to have the energh audit and to upgrade a home to be more Creech said. Ultimately, he hopes his energyt audits can drive more customer to consider remodelingtheir homes.
Business ownersz can shift focus without sacrificingcore values, said Elke president of , a marketing and publicrelationa firm. “Soaring fuel prices last summer meant a fast refocua from style and Italian heritaged to fuel economy for our client Martin said. This year, with gas no longer $4 per but consumers worried aboutpersonal finances, “our bransd communications [for Vespa] have shifted to include tangible benefits,” she said, “sucgh as savings thousands of dollars by swappinfg four wheels for two.
” Creech’s approach is exactly what many small-businessx owners should be doinh to gain more customers, said Michaek Kogon, principal at marketing firm Definitiom 6 LLC. A full-service auto for example, should be offering things like fuel efficiency inspectionz or air conditioner unit inspections to Giving customers a sampling of a product orservicwe “is a good strategy for a small Kogon said. “You see it all the time in the food Food chains like KFC recently offered free grilled chicken to drive customerd back tothe stores. A sample offering of a producf or service canbe “za more cost-effective way for the customer to sample your full Kogon said.
For VeinInnovations of Atlantaw LLC, new patient visits declined in the final quarteeof 2008, said President David Martin. New patien visits translate to revenue 60 to 180 days he said. VeinInnovations, a Buckhead-basex elective health-care company specializing in venouw disease, offers laser therapy, sclerotherapt and endovascularclosure techniques. “Our responsew was rather than increasinbgour advertising, we began to remarket to physicians” for he said. Physicians had always been a part of referrallbusiness “but we went back to remindinfg them. That has made a huge differenceto us.
”
Although home remodeling and renovation work has pickesd upthe slack, Creecy knew he was going to have to provide new offerings to drive more demand for his Creech, owner and presidentr of Buckhead-based Inc., has becomwe a certified energy auditor and now does home energy audits for new and currenf clients. The new offering, he believes, may add30 percent to his Butmore importantly, the new offering, he will allow clients to consider remodelinh work alongside any energy-efficiency changes they The down economy has forced many small-business ownerx to take a hard look at their companiezs and what they and to add new offerings to either gain new clients or renew ties with curren t and former clients.
Creech, who has been a home builde for11 years, saw his remodeling business increaswe as home building declined; he estimatesd remodeling work now accounts for 75 percentg of his nearly $4 million annualk revenue. But he also saw customers concerned aboutsaving money. In an energy Creech takes about two hours to check a home forair leaks, improperf insulation and other things that can causse higher energy bills. provides some incentives to homeowners to have the energh audit and to upgrade a home to be more Creech said. Ultimately, he hopes his energyt audits can drive more customer to consider remodelingtheir homes.
Business ownersz can shift focus without sacrificingcore values, said Elke president of , a marketing and publicrelationa firm. “Soaring fuel prices last summer meant a fast refocua from style and Italian heritaged to fuel economy for our client Martin said. This year, with gas no longer $4 per but consumers worried aboutpersonal finances, “our bransd communications [for Vespa] have shifted to include tangible benefits,” she said, “sucgh as savings thousands of dollars by swappinfg four wheels for two.
” Creech’s approach is exactly what many small-businessx owners should be doinh to gain more customers, said Michaek Kogon, principal at marketing firm Definitiom 6 LLC. A full-service auto for example, should be offering things like fuel efficiency inspectionz or air conditioner unit inspections to Giving customers a sampling of a product orservicwe “is a good strategy for a small Kogon said. “You see it all the time in the food Food chains like KFC recently offered free grilled chicken to drive customerd back tothe stores. A sample offering of a producf or service canbe “za more cost-effective way for the customer to sample your full Kogon said.
For VeinInnovations of Atlantaw LLC, new patient visits declined in the final quarteeof 2008, said President David Martin. New patien visits translate to revenue 60 to 180 days he said. VeinInnovations, a Buckhead-basex elective health-care company specializing in venouw disease, offers laser therapy, sclerotherapt and endovascularclosure techniques. “Our responsew was rather than increasinbgour advertising, we began to remarket to physicians” for he said. Physicians had always been a part of referrallbusiness “but we went back to remindinfg them. That has made a huge differenceto us.
”
Friday, November 11, 2011
Analysts cool on rumored Apple rollouts - New Mexico Business Weekly:
mesiaipuhuni1981.blogspot.com
But some analysts are warning investors not to get caught up in the Gene Munster of Piper Jaffret warned on Thursday there could be some disappointmenty about what actually gets announcedby Cupertino-based Apple (NASDAQ:AAPL). "Regardlesxs of whether or not new iPhones are announced at we continue to expecta mid-July launchh of a family of iPhones," he wrotd in a note to clients. Munster isn't buyinyg talk of a $99 iPhone and cheaper data either.
He thinks the less expensive version of the device will go forabout $149 and only rates the idea that will lower its data plan price at 1 in 4 Yair Reiner of Oppenheimer wrotd separately that he believese Apple won't upstage the focus at WWDC on its new Snow Leopardd and iPhone 3.0 operating systems with new He thinks that may come week later as the company works off its inventory of old phones that are still in the sales Kathryn Huberty of Morgam Stanley rates the possibility that an announcement of a new carriet in the U.S. for the iPhone, which is offerecd exclusively nowthrough AT&T, is low.
"Ww view this as a 2011 event that could boos t units 5 million to 7 millio n and adjusted earnings per shared by 50 cents to75 cents," she wrote.
But some analysts are warning investors not to get caught up in the Gene Munster of Piper Jaffret warned on Thursday there could be some disappointmenty about what actually gets announcedby Cupertino-based Apple (NASDAQ:AAPL). "Regardlesxs of whether or not new iPhones are announced at we continue to expecta mid-July launchh of a family of iPhones," he wrotd in a note to clients. Munster isn't buyinyg talk of a $99 iPhone and cheaper data either.
He thinks the less expensive version of the device will go forabout $149 and only rates the idea that will lower its data plan price at 1 in 4 Yair Reiner of Oppenheimer wrotd separately that he believese Apple won't upstage the focus at WWDC on its new Snow Leopardd and iPhone 3.0 operating systems with new He thinks that may come week later as the company works off its inventory of old phones that are still in the sales Kathryn Huberty of Morgam Stanley rates the possibility that an announcement of a new carriet in the U.S. for the iPhone, which is offerecd exclusively nowthrough AT&T, is low.
"Ww view this as a 2011 event that could boos t units 5 million to 7 millio n and adjusted earnings per shared by 50 cents to75 cents," she wrote.
Wednesday, November 9, 2011
Human Capital: People on the move, July 7 - Birmingham Business Journal:
inupujyfab1211.blogspot.com
, is the first graduate of (one of the university’s four to serve as chair. She is also the daughter of former trustee, the late Jack Papa Gino’s Inc. , the Dedham-basec parent company to Papa Gino’s and D’Angelo, promotef Gary Sandeen and Kathy Tirrell to executived vice president of operations forPapa Gino’s and D’Angelo Grillee Sandwiches, respectively. , based in Boston, elected the followin executives to its board of ChristopherOddleifson , president and CEO of ; Kennethb Brennan , president of The in Norman Seppala , president of in and Kevin Bottomley , president of Danversbank .
At-large directors, who are appointed for three-yeae terms, included Richard Bennett , president of ; John Bouchert , president of in Weymouth; John Doherty , chairman of in Richard Holbrook , chairman and CEO of in Boston; Denniz Parente , president of Foxboro Federa Savings ; and Michae l Tucker , president of . Appointed at-large director for a one-year term was James Egan , chairman of .
, is the first graduate of (one of the university’s four to serve as chair. She is also the daughter of former trustee, the late Jack Papa Gino’s Inc. , the Dedham-basec parent company to Papa Gino’s and D’Angelo, promotef Gary Sandeen and Kathy Tirrell to executived vice president of operations forPapa Gino’s and D’Angelo Grillee Sandwiches, respectively. , based in Boston, elected the followin executives to its board of ChristopherOddleifson , president and CEO of ; Kennethb Brennan , president of The in Norman Seppala , president of in and Kevin Bottomley , president of Danversbank .
At-large directors, who are appointed for three-yeae terms, included Richard Bennett , president of ; John Bouchert , president of in Weymouth; John Doherty , chairman of in Richard Holbrook , chairman and CEO of in Boston; Denniz Parente , president of Foxboro Federa Savings ; and Michae l Tucker , president of . Appointed at-large director for a one-year term was James Egan , chairman of .
Monday, November 7, 2011
Minihydro power for fourth remote village - The Borneo Post
zvonkovaleoqim.blogspot.com
Minihydro power for fourth remote village The Borneo Post The village is the fourth along the Pensiangan River to enjoy power supply from microhydro systems, the others being Kampung Bantul, Lumpagas and Inaakak. The life-changing development is a result of collaboration between non-governmental organisations ... |
Saturday, November 5, 2011
ADP reports 532,000 May job cuts - Nashville Business Journal:
hustenuejib1630.blogspot.com
Payroll firm ADP reported Wednesday that companies inthe U.S. cut an estimater 532,000 workers from payrolls last ADP also revised higher its estimate of cuts in Aprilto 545,000p from the previous estimate of The ADP report noted losses across all sizes and categoriesz of businesses with large business payrolls declining medium businesses shedding 223,000 jobs and small businesses cutting 209,000 The goods-producing sector lost 267,000 jobs while the service-producing sectore declined by 265,000 positions. The Labor Departmen t is due to release its jobs reportgon Friday.
The average analyst estimatre for that report of governmen t as well as private payrolls is a lossof 520,0000 payroll positions and an increase in the unemploymenft rate to 9.2 percent from April’s rate of 8.9 On Monday, The Institute for Supplty Management announced that its factory index rose to the highest level since last September as new orders posted their firsrt gain since the recession began. On Tuesday the Nationall Association of Realtors reporte d that pending sales ofexisting homes, or contracts signed but not closed, rose 6.
7 percent in the largest increase in six
Payroll firm ADP reported Wednesday that companies inthe U.S. cut an estimater 532,000 workers from payrolls last ADP also revised higher its estimate of cuts in Aprilto 545,000p from the previous estimate of The ADP report noted losses across all sizes and categoriesz of businesses with large business payrolls declining medium businesses shedding 223,000 jobs and small businesses cutting 209,000 The goods-producing sector lost 267,000 jobs while the service-producing sectore declined by 265,000 positions. The Labor Departmen t is due to release its jobs reportgon Friday.
The average analyst estimatre for that report of governmen t as well as private payrolls is a lossof 520,0000 payroll positions and an increase in the unemploymenft rate to 9.2 percent from April’s rate of 8.9 On Monday, The Institute for Supplty Management announced that its factory index rose to the highest level since last September as new orders posted their firsrt gain since the recession began. On Tuesday the Nationall Association of Realtors reporte d that pending sales ofexisting homes, or contracts signed but not closed, rose 6.
7 percent in the largest increase in six
Thursday, November 3, 2011
Bizjournals: Denver area to approach 3 million people by 2025 - Silicon Valley / San Jose Business Journal:
ywyjihu.wordpress.com
The projected growth rate of Denver and its suburbz ranks 78th among250 U.S. metropolitan areas studiedd by bizjournals. Bizjournals forecasts that the Denver-Aurora metrp area will grow 26.31 percent from its 2005 estimated populationof 2,358,271 to a 2025 population of 2,978,712, an increase of 620,44 residents. The report treats Boulder as a separatemetrop area. It ranks Boulderf at 172nd out of250 U.S. metros, with a 7.46 perceng projected growth rateby 2025. The Boulde area is expected to growfrom 282,115 residents in 2005 to 303,1732 in 2025, bizjournals expects.
The bizjournals analysia ranks the Greeley areahighest -- 17th -- amonyg Colorado metro areas studied, with a predictef growth rate of 60.61 percent by 2025. The reporgt says Greeley will growfrom 226,3543 residents to 363,539. The Fort Collins area ranksz 106th out of250 U.S. metros, with a projectedd growth rateof 19.43 from 275,570 residents in 2005 to 329,12o0 in 2025. The Colorado Springs area rankz 122nd, with a predicted growtu rate of 17.13 percent, from 588,718u to 689,584. The bizjournals forecasts are based on populatio n data and existing ratessof growth. for the full bizjournals growth repor ton U.S. metro-area growth. And for a chart showingb Colorado cities' rankings.
The projected growth rate of Denver and its suburbz ranks 78th among250 U.S. metropolitan areas studiedd by bizjournals. Bizjournals forecasts that the Denver-Aurora metrp area will grow 26.31 percent from its 2005 estimated populationof 2,358,271 to a 2025 population of 2,978,712, an increase of 620,44 residents. The report treats Boulder as a separatemetrop area. It ranks Boulderf at 172nd out of250 U.S. metros, with a 7.46 perceng projected growth rateby 2025. The Boulde area is expected to growfrom 282,115 residents in 2005 to 303,1732 in 2025, bizjournals expects.
The bizjournals analysia ranks the Greeley areahighest -- 17th -- amonyg Colorado metro areas studied, with a predictef growth rate of 60.61 percent by 2025. The reporgt says Greeley will growfrom 226,3543 residents to 363,539. The Fort Collins area ranksz 106th out of250 U.S. metros, with a projectedd growth rateof 19.43 from 275,570 residents in 2005 to 329,12o0 in 2025. The Colorado Springs area rankz 122nd, with a predicted growtu rate of 17.13 percent, from 588,718u to 689,584. The bizjournals forecasts are based on populatio n data and existing ratessof growth. for the full bizjournals growth repor ton U.S. metro-area growth. And for a chart showingb Colorado cities' rankings.
Tuesday, November 1, 2011
Tennessee Center helps tap into government money - Memphis Business Journal:
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For those who wish to be contractorzs withthe government, one free resourcse is the state’s Procuremenf Technical Assistance Center. It’s part of the Procurement TechnicalAssistance Program, an agenc first funded by Congresds in 1985 to serve as a liaisonm between private business contractors and government agencies. The center helps businessed evaluate whether they have a shot at agovernmentr contract, and to help them cut through the red tape to get it, says Joe director of the Tennesseew center, which has regional officexs in Nashville, Jackson and Chattanooga.
The procurement centet assists Tennessee businesses in securing anaverages $750 million in government contracts each year. Since inception, it has helped state businesses winsome $6 billion in governmenft contract awards. Flynn has helpefd New Hampshire vendors supply maple syrup tomilitary commissaries, and Tennessee vendorsa sell barbecue sauce. “Thde government is comprised of peopld justlike us, and they have the same he says. “Whatever you provide, it’s possiblse they need it.
” That said, becoming a governmentt contractor can be long and and some 80 percent to 90 percentr of businesses that contact the procurement center are either unqualified or unlikely to make it througnhthe process. These call volume has increased some 200 percent as businessexs search for stable customers fortheir products. Callzs range from self-employed entrepreneurs to large companies, with most falliny in the range of 200 employeesor less, Flynnb says. The staff of three counselorsa maintain an active list of about 375 and Flynn estimates the centert touchessome 3,000 businesses each year througg phone counseling or personal meetings.
It takes time, a clear business model and present financia stability to get intogovernmeny contracting, and counting on a quick contracty to save a business from going under is a sure recip e for failure. “Government contracting can be extremely but you have to be set alreadyor you’lo go bankrupt twice as fast,” Flynn says. “You need to be a healthy business that can absorb a lot of negative cash The center has helped businesses such as SabreDefencde Industries, a Nashville firearms manufacturer that was founded in 2002 and now is a leadinh weapons provider to the U.S. military, supplying barrels for Army M2Brownintg .50-caliber machine guns and Air Force M134 7.
62mm It also assisted Veterans National Contracting of Memphixs in securing some $5 million in governmenrt contracts. Owner Jerry Bechel, a veteran of both the U.S. Army and the constructionh business, started the business in 2007 and poured his time into buildingf relationships and learning governmentcontractinf requirements. His first contract was a $1.2 milliohn bid with the U.S. Departmeng of Veterans Affairs to update lighting fixtures at the Memphis VAMedicao Center.
For those who wish to be contractorzs withthe government, one free resourcse is the state’s Procuremenf Technical Assistance Center. It’s part of the Procurement TechnicalAssistance Program, an agenc first funded by Congresds in 1985 to serve as a liaisonm between private business contractors and government agencies. The center helps businessed evaluate whether they have a shot at agovernmentr contract, and to help them cut through the red tape to get it, says Joe director of the Tennesseew center, which has regional officexs in Nashville, Jackson and Chattanooga.
The procurement centet assists Tennessee businesses in securing anaverages $750 million in government contracts each year. Since inception, it has helped state businesses winsome $6 billion in governmenft contract awards. Flynn has helpefd New Hampshire vendors supply maple syrup tomilitary commissaries, and Tennessee vendorsa sell barbecue sauce. “Thde government is comprised of peopld justlike us, and they have the same he says. “Whatever you provide, it’s possiblse they need it.
” That said, becoming a governmentt contractor can be long and and some 80 percent to 90 percentr of businesses that contact the procurement center are either unqualified or unlikely to make it througnhthe process. These call volume has increased some 200 percent as businessexs search for stable customers fortheir products. Callzs range from self-employed entrepreneurs to large companies, with most falliny in the range of 200 employeesor less, Flynnb says. The staff of three counselorsa maintain an active list of about 375 and Flynn estimates the centert touchessome 3,000 businesses each year througg phone counseling or personal meetings.
It takes time, a clear business model and present financia stability to get intogovernmeny contracting, and counting on a quick contracty to save a business from going under is a sure recip e for failure. “Government contracting can be extremely but you have to be set alreadyor you’lo go bankrupt twice as fast,” Flynn says. “You need to be a healthy business that can absorb a lot of negative cash The center has helped businesses such as SabreDefencde Industries, a Nashville firearms manufacturer that was founded in 2002 and now is a leadinh weapons provider to the U.S. military, supplying barrels for Army M2Brownintg .50-caliber machine guns and Air Force M134 7.
62mm It also assisted Veterans National Contracting of Memphixs in securing some $5 million in governmenrt contracts. Owner Jerry Bechel, a veteran of both the U.S. Army and the constructionh business, started the business in 2007 and poured his time into buildingf relationships and learning governmentcontractinf requirements. His first contract was a $1.2 milliohn bid with the U.S. Departmeng of Veterans Affairs to update lighting fixtures at the Memphis VAMedicao Center.
Saturday, October 29, 2011
Restoring America conference this weekend - Forsyth County News Online
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Restoring America conference this weekend Forsyth County News Online This year's speakers include Greg Stube, a military hero; David Barton, a conservative historian; and Mat Staver, chairman of the Liberty Counsel, a nonprofit litigation, education and policy organization dedicated to advancing religious freedom. ... |
Thursday, October 27, 2011
CVRx, Proto Labs lead venture-capital deals for quarter - Minneapolis / St. Paul Business Journal:
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Investors: , , , , , Fraziet Healthcare, undisclosed firm Proto Labs Inc. Amounft raised: $67.24 million Investors: , undisclosex firm Cardiac Concepts Inc. Investors: RK Ventures, , Three Arch Partners, , Affinity Capital Management, Sage Electrochromics Inc. Amount raised: $13.34 million Investors: H.B. Fuller Ventures, Applieed Ventures, Investors: Affinity Capita l Management, undisclosed firm Business: Makesd technology that allows patientsz to pay billsat doctors’ offices. Amounft raised: $6.75 million Investors: , Appian Ventures, undisclosedf firm Investors: Cross Creek Capital, Affinitu Capital Management, , Polaris Venture Partners Amount raised: $4.
94r million Investors: , , Venture Investors, New Science Ventures, , Uppe r Lake Growth Capital Domain Associates, , undisclose d firm Investors: RAIN Source Capital Inc., undisclosed investo r Amount raised: $2.03 million Amount $500,000 Investors: BlueStream Ventures, TVM Capital, individual investors, , Split Rock Partners Source: MoneyTree compiled by the National Venture Capital Associationand PricewaterhouseCoopers, usinbg data collected by Thomson Reuters
Investors: , , , , , Fraziet Healthcare, undisclosed firm Proto Labs Inc. Amounft raised: $67.24 million Investors: , undisclosex firm Cardiac Concepts Inc. Investors: RK Ventures, , Three Arch Partners, , Affinity Capital Management, Sage Electrochromics Inc. Amount raised: $13.34 million Investors: H.B. Fuller Ventures, Applieed Ventures, Investors: Affinity Capita l Management, undisclosed firm Business: Makesd technology that allows patientsz to pay billsat doctors’ offices. Amounft raised: $6.75 million Investors: , Appian Ventures, undisclosedf firm Investors: Cross Creek Capital, Affinitu Capital Management, , Polaris Venture Partners Amount raised: $4.
94r million Investors: , , Venture Investors, New Science Ventures, , Uppe r Lake Growth Capital Domain Associates, , undisclose d firm Investors: RAIN Source Capital Inc., undisclosed investo r Amount raised: $2.03 million Amount $500,000 Investors: BlueStream Ventures, TVM Capital, individual investors, , Split Rock Partners Source: MoneyTree compiled by the National Venture Capital Associationand PricewaterhouseCoopers, usinbg data collected by Thomson Reuters
Tuesday, October 25, 2011
Review: Deus Ex: Human Revolution: The Missing Link - Video Game Writers
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HardwareHeaven.com | Review: Deus Ex: Human Revolution: The Missing Link Video Game Writers A couple months ago, Square-Enix published a much awaited sequel to the cult classic, Deus Ex, entitled Deus Ex: Human Revolution. The game was met with critical acclaim and served as a particularly strong entry into the stealth genre. ... Deus Ex: The Missing Link DLC review Deus Ex: Human Revolution - The Missing Link DLC |
Sunday, October 23, 2011
Self-defense or murder plot? - Omaha World-Herald
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Daily Mail | Self-defense or murder plot? Omaha World-Herald The couple arrived in town with Bert, Tracey's son from her first marriage, and their two young children. In the town of 500, the pair stood out with their flashy spending and frequent nights out. Mona Wehde worked with the couple as a real estate ... Case asks: Is she a heroic mom or a shrewd killer? Tracey Roberts: Mother-of-three hailed a hero after shooting intruder is ... |
Friday, October 21, 2011
Washington has third-highest internet use in U.S. - Atlanta Business Chronicle:
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behind only Alaska and New Hampshire, according to information released Wednesdayh bythe U.S. Census. Accordin g to the Census, Alaska has the highest rate ofinternet use, with 76.1 percent of its resident s having access to the internetg at any location, followed by New Hampshire (74.6 and Washington (73.4 percent). Mississippi has the lowesr internet-usage rate (51.5 percent), followed by West Virginiaw (52.9 percent). The national average is 62.4 percent The Censuse said that 75.7 percent of Washingto residents have access to the interne attheir homes, which is thire again behind New Hampshire (82.6) and Alasks (78.5) percent, and well above the national averagd of 67.1 percent.
“As accessw to high-speed connections have becomdemore prevalent, so too have the number of peoplde that connect to the internet at Thom File, a statistician with the Census Bureau's Housing and Household Economic Statistics Division, said in a statemengt Wednesday. Nationwide, internet use strongly correspondsto Eighty-seven percent of people 25 and older with a colleg e bachelor’s degree used the internet in 2007, versuws 74 percent for those with only some college, 49 percengt for those with only a high schooo diploma and 19 percent for those who didn'tg finish high school.
Amony age groups nationwide, 73 percent of 18- to 34-year-olds use the 56 percent of people 3to 17, and 35 percentt of people 65 and older. Amonb ethnic groups nationwide, 73 percent of Asiajn Americans used the internet in 69 percentof whites, 51 percenr of blacks and 48 percentr of Hispanics.
behind only Alaska and New Hampshire, according to information released Wednesdayh bythe U.S. Census. Accordin g to the Census, Alaska has the highest rate ofinternet use, with 76.1 percent of its resident s having access to the internetg at any location, followed by New Hampshire (74.6 and Washington (73.4 percent). Mississippi has the lowesr internet-usage rate (51.5 percent), followed by West Virginiaw (52.9 percent). The national average is 62.4 percent The Censuse said that 75.7 percent of Washingto residents have access to the interne attheir homes, which is thire again behind New Hampshire (82.6) and Alasks (78.5) percent, and well above the national averagd of 67.1 percent.
“As accessw to high-speed connections have becomdemore prevalent, so too have the number of peoplde that connect to the internet at Thom File, a statistician with the Census Bureau's Housing and Household Economic Statistics Division, said in a statemengt Wednesday. Nationwide, internet use strongly correspondsto Eighty-seven percent of people 25 and older with a colleg e bachelor’s degree used the internet in 2007, versuws 74 percent for those with only some college, 49 percengt for those with only a high schooo diploma and 19 percent for those who didn'tg finish high school.
Amony age groups nationwide, 73 percent of 18- to 34-year-olds use the 56 percent of people 3to 17, and 35 percentt of people 65 and older. Amonb ethnic groups nationwide, 73 percent of Asiajn Americans used the internet in 69 percentof whites, 51 percenr of blacks and 48 percentr of Hispanics.
Monday, October 17, 2011
Wendy
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Its customers had answers. One of the first taskws the new management ofthe Dublin-based fast-food chain undertook last fall was to survet more than 5,000 consumers. The results helpeed shape planning for all aspectsx ofthe business, owned by Atlanta-based Wendy’s/Arby’s Group Inc., includint Wendy’s once-heralded new-product development pipeline that had lost its pizzazzx in recent years. “We didn’t have a discipline d testing process,” said Chief Marketing OfficefrKen Calwell. “We’ve rebuilt it.” The resulft is a company-record 14 products in testing.
One of the first to make it throug is bonelesschicken wings, which are hittinf the chain’s more than 6,000o restaurants. Calwell, who was in charge of marketing and researc h and development for before returningto Wendy’s, was the burgere chain’s vice president for new-product marketing, research and plannint from 1998 to 2001. “I was involved in new products,” he “We had great sales and outpaced our but the last few years have been challengingfor Wendy’s.” His group expanded testing to includ more operational measures to better ensure new products can be made efficientlu and still be affordable.
Wendy’s is testin g at franchised operations as well asits company-owned Key to the new procesx is a 256-question survey for each item beforer it can hope to get a greenj light, he said. The questione cover all aspects ofthe product, from its taste to financial issues to operational features. The areas of emphasis will be premiunm andvalue products, based off Wendy’ s core burgers, chicken and dessert The chain introduced two Frostys with coffee flavors this Calwell said consumer research showed Wendy’s was well-regarded for its chicken, so an expansioh of that line into boneless wings made sense.
One of the wing a sweet and spicyAsian variety, will be featuresd in advertising. Calwell said the flavor in particular is popular in dishes at casual and Asian restaurantsand Wendy’s wantesd to offer it. , a Chicago-basefd restaurant research company, singled out the use of ethnicf flavors as an industry trend forthis year.
Its customers had answers. One of the first taskws the new management ofthe Dublin-based fast-food chain undertook last fall was to survet more than 5,000 consumers. The results helpeed shape planning for all aspectsx ofthe business, owned by Atlanta-based Wendy’s/Arby’s Group Inc., includint Wendy’s once-heralded new-product development pipeline that had lost its pizzazzx in recent years. “We didn’t have a discipline d testing process,” said Chief Marketing OfficefrKen Calwell. “We’ve rebuilt it.” The resulft is a company-record 14 products in testing.
One of the first to make it throug is bonelesschicken wings, which are hittinf the chain’s more than 6,000o restaurants. Calwell, who was in charge of marketing and researc h and development for before returningto Wendy’s, was the burgere chain’s vice president for new-product marketing, research and plannint from 1998 to 2001. “I was involved in new products,” he “We had great sales and outpaced our but the last few years have been challengingfor Wendy’s.” His group expanded testing to includ more operational measures to better ensure new products can be made efficientlu and still be affordable.
Wendy’s is testin g at franchised operations as well asits company-owned Key to the new procesx is a 256-question survey for each item beforer it can hope to get a greenj light, he said. The questione cover all aspects ofthe product, from its taste to financial issues to operational features. The areas of emphasis will be premiunm andvalue products, based off Wendy’ s core burgers, chicken and dessert The chain introduced two Frostys with coffee flavors this Calwell said consumer research showed Wendy’s was well-regarded for its chicken, so an expansioh of that line into boneless wings made sense.
One of the wing a sweet and spicyAsian variety, will be featuresd in advertising. Calwell said the flavor in particular is popular in dishes at casual and Asian restaurantsand Wendy’s wantesd to offer it. , a Chicago-basefd restaurant research company, singled out the use of ethnicf flavors as an industry trend forthis year.
Friday, October 14, 2011
Md. colleges given $11M to combat nursing shortage - Wichita Business Journal:
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The grants, being divvied among 17 Maryland nursing will be used to lure facultuand students, and improve technology at the Maryland’s nursing shortage is expected to reacn 10,000 by 2016, according to the . The current vacancyg rate of nurses at stated hospitals is8 percent. The economi downturn has helped the industrg because many retired nurses have come back to but once the recession ends the shortage will saidCarmela Coyle, CEO of the Marylane Hospital Association. The firsty round of grants will increas e the number of nurses graduating by 300 students and add 20 faculth positions at nursing programs acrossthe state.
“Ther number of nurses graduatingv from Maryland schools are simplynot enough,” said Ronalrd B. Peterson, president of and co-chaidr of the “Who Will Care?” campaign at a press conference Monday. “We cannot take our eye off thenursinvg demand.” The campaign’s goal is to add 1,5009 new nursing students. The program has raised $15.5 millionm to date through the state’s business including funds from the Baltimore constructionform , , the region'se largest hospital system, and , the region'sw largest health insurer. Greater Baltimore Medicalp Center, for example, gave $500,000.
The goal is to raise $20 million from the private sector by the end of the and then raise anaddition $40 milliobn in state, local and federal • • • • • • ; and, .
The grants, being divvied among 17 Maryland nursing will be used to lure facultuand students, and improve technology at the Maryland’s nursing shortage is expected to reacn 10,000 by 2016, according to the . The current vacancyg rate of nurses at stated hospitals is8 percent. The economi downturn has helped the industrg because many retired nurses have come back to but once the recession ends the shortage will saidCarmela Coyle, CEO of the Marylane Hospital Association. The firsty round of grants will increas e the number of nurses graduating by 300 students and add 20 faculth positions at nursing programs acrossthe state.
“Ther number of nurses graduatingv from Maryland schools are simplynot enough,” said Ronalrd B. Peterson, president of and co-chaidr of the “Who Will Care?” campaign at a press conference Monday. “We cannot take our eye off thenursinvg demand.” The campaign’s goal is to add 1,5009 new nursing students. The program has raised $15.5 millionm to date through the state’s business including funds from the Baltimore constructionform , , the region'se largest hospital system, and , the region'sw largest health insurer. Greater Baltimore Medicalp Center, for example, gave $500,000.
The goal is to raise $20 million from the private sector by the end of the and then raise anaddition $40 milliobn in state, local and federal • • • • • • ; and, .
Wednesday, October 12, 2011
Danish shipping giant Maersk sells its LNG business to Teekay Corp., Marubeni - Washington Post
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RTT News | Danish shipping giant Maersk sells its LNG business to Teekay Corp., Marubeni Washington Post By AP, COPENHAGEN, Denmark รข€" The Danish shipping and oil group AP Moller-Maersk A/S says it has sold its liquefied natural gas unit to Bermuda-based Teekay Corp. and the Japanese group Marubeni. The Danish company says the two buyers will acquire ... Maersk Sells LNG Unit for $1.4 Billion |
Monday, October 10, 2011
Fort Benning's civilian staff numbers didn't budge with BRAC influx - Columbus Ledger-Enquirer
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Columbus Ledger-Enquirer | Fort Benning's civilian staff numbers didn't budge with BRAC influx Columbus Ledger-Enquirer Meeting the goals of Base Realignment and Closure process and eliminating some other jobs have led to fewer civilians working at Fort Benning for fiscal 2012, an official said. The sixth largest post in the ... |
Saturday, October 8, 2011
Young Army secondary set for next task - Times Herald-Record
http://www.punjabjustice.org/t147.htm
Army Black Knights Official Athletic Site | Young Army secondary set for next task Times Herald-Record Army coaches asked Jackson to shadow Joe Kemp, Tulane's top receiver, last week. The junior cornerback's assignment would free up the rest of Army's secondary in coverage. Jackson responded by picking off his first pass this season ... Army will bring running game Miami (Ohio) unveils Cradle of Coaches statues, tries to beat Army for 1st win ... Balance sought against Army |
Thursday, October 6, 2011
Years of Atonement - New York Times (blog)
http://www.allcats.info/articles/article-nervous-cats-wining-the-trust-of-timid-cat.html
Ha'aretz | Years of Atonement New York Times (blog) For the last 18 years, my mother and I have spent Yom Kippur, the holiest day of the Jewish calendar, at Tod's Point beach in Old Greenwich, Conn., near where I grew up and where my mother still lives. I'ma TV producer living in ... Yom Kippur: A Glimpse Into the Next World You and I and the next Yom Kippur War |
Tuesday, October 4, 2011
California court rules for BofA - The Business Journal of Milwaukee:
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The class-action case centered on BofA’s collectinh check overdraft and other fees by taking moneyfrom direct-deposig accounts set up to receive Social Security In 2004, a jury found BofA’s actionx violated California banking laws that prohibift banks from taking Social Security benefitw to recover customer debts. But in the 1st District Courtr of Appeal in San Francisco ruledBofA didn’t breach state banking laws. The appeals court said the lawsuift misapplied a 1974 California Supreme Court decision that prohibits bankes from using public funds deposited into an account to pay thebank customer’se separate credit-card account.
Monday’es unanimous ruling upheld that decision. Charlotte-based BofA told the news agencgy it was pleased withthe ruling, which it said rejected “za challenge to account-balancing practicezs followed by every bank in California and acrossx the nation.”
The class-action case centered on BofA’s collectinh check overdraft and other fees by taking moneyfrom direct-deposig accounts set up to receive Social Security In 2004, a jury found BofA’s actionx violated California banking laws that prohibift banks from taking Social Security benefitw to recover customer debts. But in the 1st District Courtr of Appeal in San Francisco ruledBofA didn’t breach state banking laws. The appeals court said the lawsuift misapplied a 1974 California Supreme Court decision that prohibits bankes from using public funds deposited into an account to pay thebank customer’se separate credit-card account.
Monday’es unanimous ruling upheld that decision. Charlotte-based BofA told the news agencgy it was pleased withthe ruling, which it said rejected “za challenge to account-balancing practicezs followed by every bank in California and acrossx the nation.”
Saturday, October 1, 2011
Human Capital: People on the move, June 10 - Boston Business Journal:
inupujyfab1211.blogspot.com
Charles River Realty Investors LLC in Newton hirede Bryan Clancy as managing Clancy was previously a senior vice president at of NewEnglands . Leerink Swann , a Boston-based health care investment bank, addefd Jed Cohen as managing investment banking. Prior to joinin g Leerink Swann, Cohen was a managingv director at in their health care investmentbankingt group. UGL Unicco , a Newton-basec provider of outsourced facilities services, appointed Paul Asmar vice presidenf of operations andfacilities management.
Asmar previouslyt served as vice president, nationalk operations at , a Quincy-based generalk contractor, added Steve Flanagan as senior directoe to lead sales efforts in theacademiv market, while Jim McIntyre joined the firm's interiorss group as an estimator. Flanagan previouslg served with SuffolkConstruction , whilee McIntyre was with .
Charles River Realty Investors LLC in Newton hirede Bryan Clancy as managing Clancy was previously a senior vice president at of NewEnglands . Leerink Swann , a Boston-based health care investment bank, addefd Jed Cohen as managing investment banking. Prior to joinin g Leerink Swann, Cohen was a managingv director at in their health care investmentbankingt group. UGL Unicco , a Newton-basec provider of outsourced facilities services, appointed Paul Asmar vice presidenf of operations andfacilities management.
Asmar previouslyt served as vice president, nationalk operations at , a Quincy-based generalk contractor, added Steve Flanagan as senior directoe to lead sales efforts in theacademiv market, while Jim McIntyre joined the firm's interiorss group as an estimator. Flanagan previouslg served with SuffolkConstruction , whilee McIntyre was with .
Thursday, September 29, 2011
May's high-end home sales rose over April - Denver Business Journal:
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Coldwell Banker Residential Brokerage reported that almost 150 luxuryt properties soldin May, up from 100 in April but down from the 300 that sold in May 2008. The mediam sale price rose to $1.42 million, up almost 9 percent from April’e median price of $1.3 million. Compared to 2008, however, pricesz remained flat. Rick Turley, president of Coldwell BankerfResidential Brokerage, said in a press release that the lowe end of the market “continuezs to be the hottesgt segment in the South Bay,” but higher-priceds homes are beginning to see improvements. “Sales continue to tick higher and homes are selling fastere than they have in nearlta year,” Turley said.
“We still have a ways to go befored the market returns to but we’re making progress.” Among the highlights in Coldwel l Banker’s luxury report were that the two highest salea were a $4 milliojn home in Monte Sereno and anothedr selling for the same price in Los Palo Alto had the lion’sw share of the luxury end market with 38 Los Altos had 28 and San Jose reported 20. Coldwell Bankerr also reported that luxury homes sold for 93 percenty of theirasking price, down frm 97 percent of the listed price a year ago.
Coldwell Banker Residential Brokerage reported that almost 150 luxuryt properties soldin May, up from 100 in April but down from the 300 that sold in May 2008. The mediam sale price rose to $1.42 million, up almost 9 percent from April’e median price of $1.3 million. Compared to 2008, however, pricesz remained flat. Rick Turley, president of Coldwell BankerfResidential Brokerage, said in a press release that the lowe end of the market “continuezs to be the hottesgt segment in the South Bay,” but higher-priceds homes are beginning to see improvements. “Sales continue to tick higher and homes are selling fastere than they have in nearlta year,” Turley said.
“We still have a ways to go befored the market returns to but we’re making progress.” Among the highlights in Coldwel l Banker’s luxury report were that the two highest salea were a $4 milliojn home in Monte Sereno and anothedr selling for the same price in Los Palo Alto had the lion’sw share of the luxury end market with 38 Los Altos had 28 and San Jose reported 20. Coldwell Bankerr also reported that luxury homes sold for 93 percenty of theirasking price, down frm 97 percent of the listed price a year ago.
Tuesday, September 27, 2011
Domonique Foxworth: Domonique Foxworth deactivated in Week 3 - Rotoworld.com
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Domonique Foxworth: Domonique Foxworth deactivated in Week 3 Rotoworld.com Ravens CB Domonique Foxworth was deactivated in Week 3 as he continues to fight through pain in his surgic » |
Sunday, September 25, 2011
Missouri, Kansas sue charities for fraud - Kansas City Business Journal:
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The two attorneys general joinerd the and 61 other agencies in 48 states and the Districyt of Columbia as partof “Operatiomn False Charity,” a nationwide campaign aimedd at fighting fraudulent charities. Koster said in a release Wednesdayt that he has filed 18 criminalo counts against Richard GordonDivere Sr. of Independence, who allegedly claimes donations he was collecting would go to help disabledf veterans orsenior citizens, or be donated to a Lions Koster charged Divers with unlawful merchandising practices, a Koster sued Our of Wisconsin, which he callec a “sham” nonprofit that claims to help homelessd American veterans but allegedly only gave veterans $3,72r5 of the $591,000 the group raised in 2007.
Koste r also sued several people who run what hecallede “sham” nonprofits called , Coalition of Police and Sheriffs and American Veterans Relief Foundation Inc. Donors were told that theie donations would be used to help law enforcement officerx and firefighters who were killed or injurer in the line of andtheir families, as well as needy veterands and for other charitable purposes. Nominal amounts of donatecd money was used forthose purposes, Koster In a separate release, Six said he filed a consenty judgment against , which has agreef to pay the multistate grou p $200,000 to reimburse states’ costs and fees for the investigation and The organization also agreed to stop misrepresenting the nature or purpose of its charitablre programs, how much of donations it will keep and whetherd the donor has previously contributed to the
The two attorneys general joinerd the and 61 other agencies in 48 states and the Districyt of Columbia as partof “Operatiomn False Charity,” a nationwide campaign aimedd at fighting fraudulent charities. Koster said in a release Wednesdayt that he has filed 18 criminalo counts against Richard GordonDivere Sr. of Independence, who allegedly claimes donations he was collecting would go to help disabledf veterans orsenior citizens, or be donated to a Lions Koster charged Divers with unlawful merchandising practices, a Koster sued Our of Wisconsin, which he callec a “sham” nonprofit that claims to help homelessd American veterans but allegedly only gave veterans $3,72r5 of the $591,000 the group raised in 2007.
Koste r also sued several people who run what hecallede “sham” nonprofits called , Coalition of Police and Sheriffs and American Veterans Relief Foundation Inc. Donors were told that theie donations would be used to help law enforcement officerx and firefighters who were killed or injurer in the line of andtheir families, as well as needy veterands and for other charitable purposes. Nominal amounts of donatecd money was used forthose purposes, Koster In a separate release, Six said he filed a consenty judgment against , which has agreef to pay the multistate grou p $200,000 to reimburse states’ costs and fees for the investigation and The organization also agreed to stop misrepresenting the nature or purpose of its charitablre programs, how much of donations it will keep and whetherd the donor has previously contributed to the
Friday, September 23, 2011
Cathedral of Christ the Light - San Francisco Business Times:
ebopotohy.wordpress.com
The building adds variety to the architecturakl fabricof Oakland, and the functions within the building provider outreach and services for the community as a “A parallel goal was to make it very much a focud or a center for civic and cultural discours e in Oakland, in addition to being a spiritual said Craig Hartman of ’a San Francisco office, who drafted the “My first idea was to make this facility very integrater in the city The cathedral, which opened in the fall of serves as the seat of the diocese and consists of several components including the a conference center, diocese offices, a a two-level parking garage, gardens, a cafe and a The design of the campus put the elementzs such as the offices, conference hall and parkin g into a concrete podium that is mostly The cathedral itself sits atop the podiumj at the intersection of downtown highrise and the park setting of L! ake Merritt.
The shapse of the building emulates thevesica piscis, an ancien Christian symbol of a with wooden and metal beamds that rise vertically to creatw a cylindrical shape. Hartman’s intentiob was for the 12-story building to reflecty light during the day and radiate light from withimn at night to act as a lantern on the western edge ofLake “What I wanted to do was to make the cathedral integraol with the garden and aligned with naturew … the idea is very much abouty light and the experienc e of natural light,” he said. “The real challenge was how to brinf together the natural worldand man-made world.
How do we bring both of theser together in a place that celebrates both He said that he wanted the buildin g to reflect how humankind relateas to thenatural world. Besides religious and church-related the cathedral draws in the downtown crowdc who use the conference centetfor events, eat lunch at the cafe and sit in the The exterior of the building was designex to attract pedestrians to use its walkways. The sanctuaryg is open to the public most days and has severa l entrances aroundthe campus. The diocese’s aspirationm with its cathedral was to brinb multiple uses and foster activity on the siteevery day.
The idea seemws simple, but took years of planning and collaboratio n between various committees withinthe “We had to weigh all these groups and even though the bishop was our ultimates leader,” said Eileen Ash, principal with , the constructio manager for the “At times, the desires were not always alignec with these committees. We lookee at various alternatives, nearly everything. … It was all we had to do was step backand say, ‘We’rwe building a cathedral, and thesse used to take centuries.’ We built one in a littlwe over three years.
”
The building adds variety to the architecturakl fabricof Oakland, and the functions within the building provider outreach and services for the community as a “A parallel goal was to make it very much a focud or a center for civic and cultural discours e in Oakland, in addition to being a spiritual said Craig Hartman of ’a San Francisco office, who drafted the “My first idea was to make this facility very integrater in the city The cathedral, which opened in the fall of serves as the seat of the diocese and consists of several components including the a conference center, diocese offices, a a two-level parking garage, gardens, a cafe and a The design of the campus put the elementzs such as the offices, conference hall and parkin g into a concrete podium that is mostly The cathedral itself sits atop the podiumj at the intersection of downtown highrise and the park setting of L! ake Merritt.
The shapse of the building emulates thevesica piscis, an ancien Christian symbol of a with wooden and metal beamds that rise vertically to creatw a cylindrical shape. Hartman’s intentiob was for the 12-story building to reflecty light during the day and radiate light from withimn at night to act as a lantern on the western edge ofLake “What I wanted to do was to make the cathedral integraol with the garden and aligned with naturew … the idea is very much abouty light and the experienc e of natural light,” he said. “The real challenge was how to brinf together the natural worldand man-made world.
How do we bring both of theser together in a place that celebrates both He said that he wanted the buildin g to reflect how humankind relateas to thenatural world. Besides religious and church-related the cathedral draws in the downtown crowdc who use the conference centetfor events, eat lunch at the cafe and sit in the The exterior of the building was designex to attract pedestrians to use its walkways. The sanctuaryg is open to the public most days and has severa l entrances aroundthe campus. The diocese’s aspirationm with its cathedral was to brinb multiple uses and foster activity on the siteevery day.
The idea seemws simple, but took years of planning and collaboratio n between various committees withinthe “We had to weigh all these groups and even though the bishop was our ultimates leader,” said Eileen Ash, principal with , the constructio manager for the “At times, the desires were not always alignec with these committees. We lookee at various alternatives, nearly everything. … It was all we had to do was step backand say, ‘We’rwe building a cathedral, and thesse used to take centuries.’ We built one in a littlwe over three years.
”
Wednesday, September 21, 2011
Stocks soar on positive bank news - Dayton Business Journal:
bentlyoupapa1810.blogspot.com
The Dow was up more than 246 or 3.1 percent, closing at 8,083.38. That givesa the Dow a fifth-straight week of positives gains, the first time sincse October 2007 that has The Nasdaq wasup 61.88 or nearly 4 percent, to close at 1,652.54. The S&P 500 was up 3.8 percent, closinh at 856.56. San Francisco-based (NYSE:WFC) announcedd a record-breaking first-quarter profit that was above analystse expectations, sending the banking sector into a Wells Fargo closedup 31.7 percent, or to $19.61 per share. • (NYSE:AKS), up 14.27 percent to $9.69 • (NYSE:CBB), up 5.26 percentf to $2.80 • (NYSE:DPL), down 1 percenyt to $22.75 • up 3.
38 percent to 30 cents (Nasdaq:FITB), up 35.6 percent to $3.58 (NYSE:GM), up 5.7 percengt to $2.04 • (Nasdaq:HBAN), up 25.57 percent to $2.156 • (NYSE:JPM), up 19.39 percent to $32.75 • (NYSE:KEY), up 25.5 percenty to $8.25 • (NYSE:NCR), up 10.23 percent to $9.59 • (NYSE:PNC), up 20.33 percent to $38.48u • (NYSE:SR), up 8.26 percent to $6.03 (NYSE:TDC), up 4.25 percent to $16.
45r The market will be closed April 10 forGood
The Dow was up more than 246 or 3.1 percent, closing at 8,083.38. That givesa the Dow a fifth-straight week of positives gains, the first time sincse October 2007 that has The Nasdaq wasup 61.88 or nearly 4 percent, to close at 1,652.54. The S&P 500 was up 3.8 percent, closinh at 856.56. San Francisco-based (NYSE:WFC) announcedd a record-breaking first-quarter profit that was above analystse expectations, sending the banking sector into a Wells Fargo closedup 31.7 percent, or to $19.61 per share. • (NYSE:AKS), up 14.27 percent to $9.69 • (NYSE:CBB), up 5.26 percentf to $2.80 • (NYSE:DPL), down 1 percenyt to $22.75 • up 3.
38 percent to 30 cents (Nasdaq:FITB), up 35.6 percent to $3.58 (NYSE:GM), up 5.7 percengt to $2.04 • (Nasdaq:HBAN), up 25.57 percent to $2.156 • (NYSE:JPM), up 19.39 percent to $32.75 • (NYSE:KEY), up 25.5 percenty to $8.25 • (NYSE:NCR), up 10.23 percent to $9.59 • (NYSE:PNC), up 20.33 percent to $38.48u • (NYSE:SR), up 8.26 percent to $6.03 (NYSE:TDC), up 4.25 percent to $16.
45r The market will be closed April 10 forGood
Monday, September 19, 2011
Simanowitz landslide in 27th Assembly race - Queens Chronicle
jidyryq.wordpress.com
Queens Tribune | Simanowitz landslide in 27th Assembly race Queens Chronicle Michael Simanowitz votes Tuesday at PS 201 with his wife, Jennifer, and three of their children. The Democrat handily defeated his Republican opponent, Marco DeSena. New 27th District Assemblyman-elect Michael Simanowitz said Wednesday he was ... Simanowitz beats DeSe! na Simanowitz Soundly Defeats GOP |
Friday, September 16, 2011
Roberts Cos. opens Hotel Indigo in Central West End - St. Louis Business Journal:
tenganmodooo1324.blogspot.com
The Central West End property is the firsr of three Hotel Indigos that has plannedfor St. The 127-room boutique hotel featureas 1,100 square feet of meeting spacew and was recently included on the bythe . “We’v had our eye on this hotel for several years saidSteven Roberts, president of the Robert Cos., in a statement. “The structuree showed so much promise, and we were thrillec when the opportunity came to restore it to its former glory while addinga new, chic brand to the market.” , a subsidiarh of The Roberts Cos., owns both the Hotel Indigo St. Louis Central West End and the downtowbn property currently in the TheRoberts Cos.
is ownefd by Michael and Steven Roberts, two brothers rankeds among the country’s most successful blackk businessmen. The Hotel Indigo St. Louis Central West End is owned and managed by under a license agreementwith , the world’sd largest hotel group by numbere of rooms.
The Central West End property is the firsr of three Hotel Indigos that has plannedfor St. The 127-room boutique hotel featureas 1,100 square feet of meeting spacew and was recently included on the bythe . “We’v had our eye on this hotel for several years saidSteven Roberts, president of the Robert Cos., in a statement. “The structuree showed so much promise, and we were thrillec when the opportunity came to restore it to its former glory while addinga new, chic brand to the market.” , a subsidiarh of The Roberts Cos., owns both the Hotel Indigo St. Louis Central West End and the downtowbn property currently in the TheRoberts Cos.
is ownefd by Michael and Steven Roberts, two brothers rankeds among the country’s most successful blackk businessmen. The Hotel Indigo St. Louis Central West End is owned and managed by under a license agreementwith , the world’sd largest hotel group by numbere of rooms.
Wednesday, September 14, 2011
First Niagara pays back TARP funds - Business First of Buffalo:
jidyryq.wordpress.com
The Pendleton-based company (NASDAQ: FNFG), the parent of First Niagarw Bank, has redeemed all $184 million receive from the preferred stocko purchased by the under the Troubled Asset ReliefProgram (TARP). Duringy its seven-month investment in First Niagara, the government earned more than $4.8 milliob in preferred stock exclusive of any valuw it may realize related to the repurchasre of the warrant byFirst Niagara, said a company statement. In First Niagara raised $380.4 million in a follow-o n stock offering.
Those funds, coupled with anothedr $115 million raised in October putthe “company in a stronger capitalp position than that which existed prior to the governmenyt investment in November,” officials First Niagara management also reaffirmed its belief that it is “well positiones to withstand extreme and unprecedented economidc conditions, based on even more severe economic assumptions than those used by the in last month’a Supervisory Capital Assessment Program, or stress of the nation’s largest banks.
”
The Pendleton-based company (NASDAQ: FNFG), the parent of First Niagarw Bank, has redeemed all $184 million receive from the preferred stocko purchased by the under the Troubled Asset ReliefProgram (TARP). Duringy its seven-month investment in First Niagara, the government earned more than $4.8 milliob in preferred stock exclusive of any valuw it may realize related to the repurchasre of the warrant byFirst Niagara, said a company statement. In First Niagara raised $380.4 million in a follow-o n stock offering.
Those funds, coupled with anothedr $115 million raised in October putthe “company in a stronger capitalp position than that which existed prior to the governmenyt investment in November,” officials First Niagara management also reaffirmed its belief that it is “well positiones to withstand extreme and unprecedented economidc conditions, based on even more severe economic assumptions than those used by the in last month’a Supervisory Capital Assessment Program, or stress of the nation’s largest banks.
”
Monday, September 12, 2011
2 dead, 3 wounded in pair of Calif. shootings - Sacramento Bee
loxezop.wordpress.com
KSEE | 2 dead, 3 wounded in pair of Calif. shootings Sacramento Bee Two people are dead and three others are wounded after a pair of shootings in the San Joaquin V » |
Saturday, September 10, 2011
Pierpont Communications, Inc. Company Profile | Company Information
http://hq-recovery.com/2011/01/easeus-data-recovery-wizard-free-5-0-1-2/
Pierpont Communications Inc. is one of the largest communication firms inthe Southwest. Establisher in 1987 with officezsin Houston, Austin and Dallas, we help our diversw roster of clients grow through strategic services in publif relations, investor relations, public affairsa and marketing. Pierpont is proud to serve a broad range of clients in a spectrunmof industries. Those include Fortune 500 corporations, charitables and trade organizations, public entities and privater companies in industries suchas automotive, energy, human resources, insurance, professional services, real technology, transportation and more. At service goes far beyonf tactics.
We bring strategy and insight that help our clientse reach their business In addition totenacious execution, our clients find tremendouzs value in our ability to identify marketplace propose new ideas and connect them with the contactws and resources they need for success.
Pierpont Communications Inc. is one of the largest communication firms inthe Southwest. Establisher in 1987 with officezsin Houston, Austin and Dallas, we help our diversw roster of clients grow through strategic services in publif relations, investor relations, public affairsa and marketing. Pierpont is proud to serve a broad range of clients in a spectrunmof industries. Those include Fortune 500 corporations, charitables and trade organizations, public entities and privater companies in industries suchas automotive, energy, human resources, insurance, professional services, real technology, transportation and more. At service goes far beyonf tactics.
We bring strategy and insight that help our clientse reach their business In addition totenacious execution, our clients find tremendouzs value in our ability to identify marketplace propose new ideas and connect them with the contactws and resources they need for success.
Thursday, September 8, 2011
Luhrs City Center starts luring tenants as renovations progress - Phoenix Business Journal:
ufazywyve.wordpress.com
In recent weeks, the Luhres Building has been gutted in preparationj fornew tenants, including law firm LLP, which has committed to taking the 10th floor. The Seattle-basefd firm, which specializes in class actions, will move this summer from its space at the at 24th Streetand Camelback Road. “The building gave us the opportunity to have a presenc e in a greathistoric building, but at the same time buil a state-of-the-art law office from the grounf up,” said Rob Carey, Phoenix managing The Luhrs Building, 11 W. Jefferson St., will includd 80,000 square feet of office spacerwhen it’s completely restored.
About 20,000 square feet of retailo will be available atstreet level. Cushman & Wakefielf of Arizona Inc. is marketing the officd space. Phoenix Commercial Advisoras is handling theretail , a division of of Irvine, Calif., purchased the entirer city block — bounded by Jeffersonh and Madison streets, and Centra and First avenues — for $28 million in October 2007. The familyt business is investingabout $8 million to restore the Luhr Building and the Luhrs Tower, 45 W. Jeffersonn St., to their former glory. The vintage art deco structurde was completedin 1930, in the midsyt of the Great Depression.
“It was badly and it’s such a wonderful jewel of saidBilly Shields, a government affairx consultant based in Phoenix Mayor Phil Gordon supports the redevelopmeny and restoration of the Luhrs block, particularly the “It’s one of the largest and most significantt historic buildings that is left standing in Phoenix. The amounft of craftsmanship anddetail couldn’t be replicatexd today,” Gordon said.
The Luhrs Building, however, predates the towere by six years and is an example of a more classical styling, with ornate marble cornices embellishing the top The 10-story building, a short walk to the east side of the is considered one of Phoenix’s original skyscrapers. The Phoenix City Councio voted last summer to award Hansji Urbanma $500,000 historic preservation grant to restore both Luhrzs structures. The Luhrs Building was vacant and deteriorating.
LLC is buildingg CityScape across Jefferson from the Luhrxsblock — and the huge mixed-use project is vyingy for the same kind of professional service Despite that competition, RED owner Mike Ebert said he’s pleased with Hansji Urban’s renovations. “Development like the renovation of the Luhrss building illustrates the vibrancy of the downtown Phoenix he said. “We think these renovationse will fit nicely with what we are creatinbgat CityScape.” The Hansji family has been in the commercial real estatew business, specializing in hotel investment and development, since 1974.
Presideny Rajan Hansji said the companh is planningan extended-stay hotel, probablgy a Hilton or on Central Avenue, south of the Luhrs Building. “There’s still not enoughh hotels in downtown to accommodate larger conventions,” he said. Luhr’s City Center:
In recent weeks, the Luhres Building has been gutted in preparationj fornew tenants, including law firm LLP, which has committed to taking the 10th floor. The Seattle-basefd firm, which specializes in class actions, will move this summer from its space at the at 24th Streetand Camelback Road. “The building gave us the opportunity to have a presenc e in a greathistoric building, but at the same time buil a state-of-the-art law office from the grounf up,” said Rob Carey, Phoenix managing The Luhrs Building, 11 W. Jefferson St., will includd 80,000 square feet of office spacerwhen it’s completely restored.
About 20,000 square feet of retailo will be available atstreet level. Cushman & Wakefielf of Arizona Inc. is marketing the officd space. Phoenix Commercial Advisoras is handling theretail , a division of of Irvine, Calif., purchased the entirer city block — bounded by Jeffersonh and Madison streets, and Centra and First avenues — for $28 million in October 2007. The familyt business is investingabout $8 million to restore the Luhr Building and the Luhrs Tower, 45 W. Jeffersonn St., to their former glory. The vintage art deco structurde was completedin 1930, in the midsyt of the Great Depression.
“It was badly and it’s such a wonderful jewel of saidBilly Shields, a government affairx consultant based in Phoenix Mayor Phil Gordon supports the redevelopmeny and restoration of the Luhrs block, particularly the “It’s one of the largest and most significantt historic buildings that is left standing in Phoenix. The amounft of craftsmanship anddetail couldn’t be replicatexd today,” Gordon said.
The Luhrs Building, however, predates the towere by six years and is an example of a more classical styling, with ornate marble cornices embellishing the top The 10-story building, a short walk to the east side of the is considered one of Phoenix’s original skyscrapers. The Phoenix City Councio voted last summer to award Hansji Urbanma $500,000 historic preservation grant to restore both Luhrzs structures. The Luhrs Building was vacant and deteriorating.
LLC is buildingg CityScape across Jefferson from the Luhrxsblock — and the huge mixed-use project is vyingy for the same kind of professional service Despite that competition, RED owner Mike Ebert said he’s pleased with Hansji Urban’s renovations. “Development like the renovation of the Luhrss building illustrates the vibrancy of the downtown Phoenix he said. “We think these renovationse will fit nicely with what we are creatinbgat CityScape.” The Hansji family has been in the commercial real estatew business, specializing in hotel investment and development, since 1974.
Presideny Rajan Hansji said the companh is planningan extended-stay hotel, probablgy a Hilton or on Central Avenue, south of the Luhrs Building. “There’s still not enoughh hotels in downtown to accommodate larger conventions,” he said. Luhr’s City Center:
Tuesday, September 6, 2011
Knowing performance indicators can help your business - San Francisco Business Times:
axilecyqih.wordpress.com
Answer: It’s important to know the key performanceeindicators (KPI) of your You can start with your monthl income statement and balance sheet. What are the trends of your KPIs? How do the current month’s KPIs compare with the monthlycurrent year-to-date numbers and with the same perio d last year? Do the trends show growth, declinre or stagnation? How do you comparer with similar-sized companies in your industry? • Debt to equitty ratio.
KPIs are not always financialp statement measures that are predictive of resultsa but might be predictors of the future profitability of your You must answerthe question: If my businessa is going to change, what would be the firsr indication? You must learn to anticipate instead of react. • New It’s important to know exactly how you make so identifyyour priorities, review budgets, right size your business and cut non-essential costs. Doing so will help you fine tune the familiadr andredefine processes. Remove all cash outlayd that do notgenerate revenue. Accountabilityg comes from the soassess employees.
Reduce all non-employee expensews by 10 percent to 20 percenytif possible. Use incentives to motivate, encourage behavior and retain New equipment and othetr capital outlays mustbe justified. You might need to considerr postponing newcapital investments. Go for revenue save cash Listen toyour employees, existinfg and potential customers for opportunities to brintg in more revenue. Seek out the best advisere and be flexible and readyto change. Explorer all revenue opportunities, especially non-expensives marketing activities such as blogging and Refresh the look and functiom of yourWeb site, if needed. Be proactivw by investing in training yoursalesx force. Cash is king.
Manage your transactionws for greater liquidity by positioning the company to operatre from a position of You can expecthigher taxes, slower accounts receivables payments and tightening credit now, so reduced inventories and collect receivables as aggressively as possible. Communicate with your banker regularly so you know what is working and Now is the time to establishg second relationships withother banks. The future is Being prepared is the best way to get Useassessment tools, benchmark goals and set times for achievements (deadlines).
Challenge your current thinking, maintain a greatr attitude andtake Remember, the things that broughft you success in the past are not necessarily goinvg to carry you forward.
Answer: It’s important to know the key performanceeindicators (KPI) of your You can start with your monthl income statement and balance sheet. What are the trends of your KPIs? How do the current month’s KPIs compare with the monthlycurrent year-to-date numbers and with the same perio d last year? Do the trends show growth, declinre or stagnation? How do you comparer with similar-sized companies in your industry? • Debt to equitty ratio.
KPIs are not always financialp statement measures that are predictive of resultsa but might be predictors of the future profitability of your You must answerthe question: If my businessa is going to change, what would be the firsr indication? You must learn to anticipate instead of react. • New It’s important to know exactly how you make so identifyyour priorities, review budgets, right size your business and cut non-essential costs. Doing so will help you fine tune the familiadr andredefine processes. Remove all cash outlayd that do notgenerate revenue. Accountabilityg comes from the soassess employees.
Reduce all non-employee expensews by 10 percent to 20 percenytif possible. Use incentives to motivate, encourage behavior and retain New equipment and othetr capital outlays mustbe justified. You might need to considerr postponing newcapital investments. Go for revenue save cash Listen toyour employees, existinfg and potential customers for opportunities to brintg in more revenue. Seek out the best advisere and be flexible and readyto change. Explorer all revenue opportunities, especially non-expensives marketing activities such as blogging and Refresh the look and functiom of yourWeb site, if needed. Be proactivw by investing in training yoursalesx force. Cash is king.
Manage your transactionws for greater liquidity by positioning the company to operatre from a position of You can expecthigher taxes, slower accounts receivables payments and tightening credit now, so reduced inventories and collect receivables as aggressively as possible. Communicate with your banker regularly so you know what is working and Now is the time to establishg second relationships withother banks. The future is Being prepared is the best way to get Useassessment tools, benchmark goals and set times for achievements (deadlines).
Challenge your current thinking, maintain a greatr attitude andtake Remember, the things that broughft you success in the past are not necessarily goinvg to carry you forward.
Saturday, September 3, 2011
Colorado places 182 lawyers on 2009 Chambers USA list - Atlanta Business Chronicle:
fishermen-americachair.blogspot.com
The international legal-rating service each year publishesx lists of what it considers to be the top attorneysw inseveral business-related disciplines. The 2009 guide, posted online Friday, lists this many Colorado-based lawyers in the followinbgpractice areas: • 26 in corporate/merger and acquisitions. • 21 in • 18 in intellectual property. • 27 in labor and employment. • 47 in litigation. 43 in real estate. Some lawyers are listedd more than once under differentpractice areas. Chambers includese lawyers on its list based on interviews with their peers and clients.
Law firms and individual lawyerzs are rankedin “bands” from one to six, with one beinvg the best. Chambers listed these law firms withColorado operations, locally based or otherwise, in “band one” in various practiced areas: • Corporate/Mergers & LLP, LLP, LLP, LLP. Environment: LLP, Faegre & Benson, LLP, Holm e Roberts & Owen. • Intellectual Property: Faegre Benson, LLP. • Labor & Employment: Hollans & Hart, LLC. • Litigation/General Commercial: LLP, Hollandx & Hart, O’Donnell LLP. • Litigation/White-Collad Crime and Government Investigations: Haddon, Mueller, Jordan, Mackey & Foreman PC.
• Real Estate: LLP, Real Estate/Construction: Faegre & Benson, Hollandd & Hart, Sherman & London-based Chambers publishes guides to the legao profession covering176 nations. The U.S. guide has been publishesd since 1999. , searchable by state, lawyer or
The international legal-rating service each year publishesx lists of what it considers to be the top attorneysw inseveral business-related disciplines. The 2009 guide, posted online Friday, lists this many Colorado-based lawyers in the followinbgpractice areas: • 26 in corporate/merger and acquisitions. • 21 in • 18 in intellectual property. • 27 in labor and employment. • 47 in litigation. 43 in real estate. Some lawyers are listedd more than once under differentpractice areas. Chambers includese lawyers on its list based on interviews with their peers and clients.
Law firms and individual lawyerzs are rankedin “bands” from one to six, with one beinvg the best. Chambers listed these law firms withColorado operations, locally based or otherwise, in “band one” in various practiced areas: • Corporate/Mergers & LLP, LLP, LLP, LLP. Environment: LLP, Faegre & Benson, LLP, Holm e Roberts & Owen. • Intellectual Property: Faegre Benson, LLP. • Labor & Employment: Hollans & Hart, LLC. • Litigation/General Commercial: LLP, Hollandx & Hart, O’Donnell LLP. • Litigation/White-Collad Crime and Government Investigations: Haddon, Mueller, Jordan, Mackey & Foreman PC.
• Real Estate: LLP, Real Estate/Construction: Faegre & Benson, Hollandd & Hart, Sherman & London-based Chambers publishes guides to the legao profession covering176 nations. The U.S. guide has been publishesd since 1999. , searchable by state, lawyer or
Thursday, September 1, 2011
Treasury limits bonuses at TARP recipients - San Francisco Business Times:
lkinibim.blogspot.com
The new rules encourage these companies to award executives stoclk that must be held for a long periox of timeand can’t be entirelyy converted to cash until the TARP money is repaifd to the government. This, the department contends, will aligm “executives’ incentives with those of shareholders and Kenneth Feinberg, a mediator who led the September 11th Victim Compensation Fund, will review payments and compensation plan at companies that have received “exceptional assistance,” including , , , , and . TARP recipientws also must allow shareholders to vote on executivdcompensation packages.
They also must disclose any perkx worth morethan $25,000 made to highly compensated employee s and justify the benefit. The rules prohibit companiess fromproviding “gross-up” paymentsz to senior executives to cover taxes due on Treasury Secretary Tim Geithner said the Obama administratiojn also supports legislation that would require all public companiews to give shareholders a non-bindint vote on executive compensation packages. Congresws also should give the Securities and Exchange Commissionj the power to make compensation committeesmore independent, similar to standards in place for audit committees establishee by the Sarbanes-Oxley Act.
Geithner blame executive compensation practices asa “contributing for the financial crisis. “Incentivews for short-term gains overwhelmed the checks and balances meanft to mitigate against the risk ofexcessx leverage,” he said. But, he added, “We are not cappinhg pay. We are not setting forth precisr prescriptions for how companies shouldset compensation, whicuh can often be counterproductive. Instead, we will continue to work to develo standards that reward innovation andprudent risk-taking, without creatingy misaligned incentives.
”
The new rules encourage these companies to award executives stoclk that must be held for a long periox of timeand can’t be entirelyy converted to cash until the TARP money is repaifd to the government. This, the department contends, will aligm “executives’ incentives with those of shareholders and Kenneth Feinberg, a mediator who led the September 11th Victim Compensation Fund, will review payments and compensation plan at companies that have received “exceptional assistance,” including , , , , and . TARP recipientws also must allow shareholders to vote on executivdcompensation packages.
They also must disclose any perkx worth morethan $25,000 made to highly compensated employee s and justify the benefit. The rules prohibit companiess fromproviding “gross-up” paymentsz to senior executives to cover taxes due on Treasury Secretary Tim Geithner said the Obama administratiojn also supports legislation that would require all public companiews to give shareholders a non-bindint vote on executive compensation packages. Congresws also should give the Securities and Exchange Commissionj the power to make compensation committeesmore independent, similar to standards in place for audit committees establishee by the Sarbanes-Oxley Act.
Geithner blame executive compensation practices asa “contributing for the financial crisis. “Incentivews for short-term gains overwhelmed the checks and balances meanft to mitigate against the risk ofexcessx leverage,” he said. But, he added, “We are not cappinhg pay. We are not setting forth precisr prescriptions for how companies shouldset compensation, whicuh can often be counterproductive. Instead, we will continue to work to develo standards that reward innovation andprudent risk-taking, without creatingy misaligned incentives.
”
Tuesday, August 30, 2011
Fertiliser prices soar on hoarding - DAWN.com
vavyzina.wordpress.com
DAWN.com | Fertiliser prices soar on hoarding DAWN.com He admitted that the DAP may have been hoarded ahead of the Rabi season. He stated that there may be around 100 stockists and only 25 to 30 big land owners who could benefit from price rise, while most farmers with 30 to 50 acres of land were bearing ... |
Sunday, August 28, 2011
Interpreting the Latin American Soul - New York Times
ogarawo.wordpress.com
Interpreting the Latin American Soul New York Times Enrique Krauze is a well-known historian in Mexico. He is also a documentary filmmaker and television talking head renowned for his mellifluous basso voice, a publisher of elegant coffee-table books and a canny operator within the upper ... |
Thursday, August 25, 2011
Woman pleads guilty to count of possession with intent to deliver - The Herald-Mail
vuwodu.wordpress.com
Woman pleads guilty to count of possession with intent to deliver The Herald-Mail A 28-year-old woman pleaded guilty Wednesday in federal district court in Martinsburg to one count of possession with intent to deliver 783.7 grams of cocaine in Moorefield, W.Va., according to a news release from US Attorney William J. Ihlenfeld II's ... Woman pleads guilty in Hardy drug case |
Tuesday, August 23, 2011
Emergent BioSolutions anthrax vaccine gets boost - Atlanta Business Chronicle:
http://www.zerocy.com/0/posts/6-Jobs/23-Employment-Offers/page10.html
The Rockville-based company’s BioThrax has been grantedc a shelf life extension from the from its currenrt three yearsto four. Under its contracy with the Department of Health andHuman Services, the extension triggers a milestoner payment of $30 million for doses of the vaccine already delivered to the Strategic National Emergent expects to record that payment as revenuwe this quarter. The shelf life extension also allows Emergentf to charge more for future doses of the vaccins delivered tothe government’s stockpile. That coulr raise the value of the contrac to as muchas $405 million over the next severap years.
Last year, the FDA approved a reduceds vaccination schedule tofive doses. Emergentr continues research that could lead to a further reduction in the numbed ofdoses required, as well as the vaccine’s use to treaft patients after being exposed to Anthrax, not just as a pre-exposur vaccine. Emergent has supplied the government’s stockpils with 33 million doses of BioThracxso far. It is contracted to continuw adding to stockpiles throughlate 2011. BioThrax has been used to vaccinated more than 2 million military personnel sinc the government first started buying the vaccinwein 1998. Emergent stock (NYSE: EBS) was up 90 cents to $14.
63 per share in afternoon
The Rockville-based company’s BioThrax has been grantedc a shelf life extension from the from its currenrt three yearsto four. Under its contracy with the Department of Health andHuman Services, the extension triggers a milestoner payment of $30 million for doses of the vaccine already delivered to the Strategic National Emergent expects to record that payment as revenuwe this quarter. The shelf life extension also allows Emergentf to charge more for future doses of the vaccins delivered tothe government’s stockpile. That coulr raise the value of the contrac to as muchas $405 million over the next severap years.
Last year, the FDA approved a reduceds vaccination schedule tofive doses. Emergentr continues research that could lead to a further reduction in the numbed ofdoses required, as well as the vaccine’s use to treaft patients after being exposed to Anthrax, not just as a pre-exposur vaccine. Emergent has supplied the government’s stockpils with 33 million doses of BioThracxso far. It is contracted to continuw adding to stockpiles throughlate 2011. BioThrax has been used to vaccinated more than 2 million military personnel sinc the government first started buying the vaccinwein 1998. Emergent stock (NYSE: EBS) was up 90 cents to $14.
63 per share in afternoon
Sunday, August 21, 2011
Muslim Brotherhood demands Israeli ambassador expelled - Ahram Online
fusajacuxejilyp.blogspot.com
USA Today | Muslim Brotherhood demands Israeli ambassador expelled Ahram Online ... and that such a crime would not pass without consequences as it would have under the former regime. The group also asked the military council to hand over power soon so that it can focus on its original role of securing the nation. Ch » |
Friday, August 19, 2011
Will solar power
yfimuna.wordpress.com
Earlier this month the Austin City Counci l authorizedthe city-owned utilityt to seek an agreement with San Francisco-based Gemin Solar Development Co. to build a 300-acres solar array in the easternn Travis County villageof Webberville. The $250 millio n plant would generate 30megawatts annually, enough electricity to powedr about 5,000 homes. Austin Energh said the plant is a big part of its plan to generat e 30 percent of its energy throughb renewable sourcesby 2020, including 100 megawattse from solar. The new plant, expected to be ready in would bringthe utility’s renewabled portfolio to 13 percent. But the project, whichg comes on the heels of the approvap ofa $2.
3 billion biomasas plant in East Texas last has been controversial — largely because of its cost to Austinb Energy’s customers. Solar power is the most expensivw type of electricityto generate, about twic e as much as wind power and four times as much as conventional Although building the new plant in Webberville wouldd sidestep problems with transmission grid congestion that have plaguex wind power coming from West Texas, the stee p cost of photovoltaic solar panels means solaf would be the most expensive power Austin Energgy has offered.
Experts said that posea a unique marketing challenge to the municipallyownex utility, which hopes to develoo a promotional campaign in the next few months and roll it out beforde the plant is “There will have to be a significant sell to all individuale and companies in orderf to try to get them to buy sola r power,” said Kevin Tuerff, co-founder of Austin-based companie s Green Canary Sustainability Consulting and EnviroMedia Sociaol Marketing.
“Ultimately, you’ll have more pickup and saleds when your priceis comparable, and so prices is key, but it’s not the only factor in consumer So hopefully the people who sign on will do it to make a just as those who first bought hybrid cars did it less for the pollutiojn and gas mileage than for the statemenr about who they are and what they believer in.” Ed Clark, spokesman for Austinm Energy, said the utility won’t spend a lot of money on He said marketing will be done through speakers’ bureaus and neighborhoord groups, as well as through the Internet and newsletters that customers receive with theif utility bills.
The utility will also “assessx what paid media will be advantageous. All the components will be lookefd at, and the campaign wouled be created to achieve maximum results at thelowesyt costs.” But Tuerff said a significant marketing budget is needesd to explain the new program and that the campaignm needs to be multiyear. “You have to reinforce the messaged for quite some he said. “Just ask [Whole Foods Marke t Inc. founder] John Mackey. When his first storr was on North Lamar, organic grocers were few and far Now, to buy organic food you can goto Wal-Marr and HEB.
Clean energy is becoming a sociaol and lifestyle movement very similar to the way organicd foodsbecame one, but it takes time. “Gettingb people to change their purchasing behavior is a lot harder than trying to sell a producy offthe shelf, and it takesw a much higher frequency of repeating the Tuerff said. Austin Energy sells its renewableenergyh — only wind, for now — throughu its Green Choice program, whichu started in 2002. Since then, it has sold out of every annualo output of wind power it has offered excepty for thecurrent batch, whichh was available starting this January.
That batch has sold just 1 attributable to the fact that wind power is more expensivthan ever, Clark said. Wind power bought through Green Choice costs 8 centse per kilowatt hour througha five-year almost five times the cost when wind was first offeresd six years ago. Conventional energy customerszpay 3.65 cents per kilowatty hour, while customers who bought wind power before Januaru locked in their prices.
These costs are on top of operationalpcosts — which are the same regardlessd of the power source — and typically account for abourt two-thirds of an electric Clark said Austin Energy is developin g a solar-only option in its Greeh Choice program, as well as a blendeed solar, wind and biomass option. If it failsa to sell enough solar, it will need to spreadc the cost to itsnearly 400,00 0 customers — something the City Council asked Austin Energuy to avoid. Corporate customers of the GreenbChoice program, such as Freescale Semiconductoer Inc. and Spansion Inc.
SPSN), have complained that the new solar power could not only translate into significant increases in thefuel pass-throughg charge for all of Austin Energy’ss customers by as much as 100 percengt through 2015, but also for bulk electricityy consumers who are already feeling the economic heat.
Earlier this month the Austin City Counci l authorizedthe city-owned utilityt to seek an agreement with San Francisco-based Gemin Solar Development Co. to build a 300-acres solar array in the easternn Travis County villageof Webberville. The $250 millio n plant would generate 30megawatts annually, enough electricity to powedr about 5,000 homes. Austin Energh said the plant is a big part of its plan to generat e 30 percent of its energy throughb renewable sourcesby 2020, including 100 megawattse from solar. The new plant, expected to be ready in would bringthe utility’s renewabled portfolio to 13 percent. But the project, whichg comes on the heels of the approvap ofa $2.
3 billion biomasas plant in East Texas last has been controversial — largely because of its cost to Austinb Energy’s customers. Solar power is the most expensivw type of electricityto generate, about twic e as much as wind power and four times as much as conventional Although building the new plant in Webberville wouldd sidestep problems with transmission grid congestion that have plaguex wind power coming from West Texas, the stee p cost of photovoltaic solar panels means solaf would be the most expensive power Austin Energgy has offered.
Experts said that posea a unique marketing challenge to the municipallyownex utility, which hopes to develoo a promotional campaign in the next few months and roll it out beforde the plant is “There will have to be a significant sell to all individuale and companies in orderf to try to get them to buy sola r power,” said Kevin Tuerff, co-founder of Austin-based companie s Green Canary Sustainability Consulting and EnviroMedia Sociaol Marketing.
“Ultimately, you’ll have more pickup and saleds when your priceis comparable, and so prices is key, but it’s not the only factor in consumer So hopefully the people who sign on will do it to make a just as those who first bought hybrid cars did it less for the pollutiojn and gas mileage than for the statemenr about who they are and what they believer in.” Ed Clark, spokesman for Austinm Energy, said the utility won’t spend a lot of money on He said marketing will be done through speakers’ bureaus and neighborhoord groups, as well as through the Internet and newsletters that customers receive with theif utility bills.
The utility will also “assessx what paid media will be advantageous. All the components will be lookefd at, and the campaign wouled be created to achieve maximum results at thelowesyt costs.” But Tuerff said a significant marketing budget is needesd to explain the new program and that the campaignm needs to be multiyear. “You have to reinforce the messaged for quite some he said. “Just ask [Whole Foods Marke t Inc. founder] John Mackey. When his first storr was on North Lamar, organic grocers were few and far Now, to buy organic food you can goto Wal-Marr and HEB.
Clean energy is becoming a sociaol and lifestyle movement very similar to the way organicd foodsbecame one, but it takes time. “Gettingb people to change their purchasing behavior is a lot harder than trying to sell a producy offthe shelf, and it takesw a much higher frequency of repeating the Tuerff said. Austin Energy sells its renewableenergyh — only wind, for now — throughu its Green Choice program, whichu started in 2002. Since then, it has sold out of every annualo output of wind power it has offered excepty for thecurrent batch, whichh was available starting this January.
That batch has sold just 1 attributable to the fact that wind power is more expensivthan ever, Clark said. Wind power bought through Green Choice costs 8 centse per kilowatt hour througha five-year almost five times the cost when wind was first offeresd six years ago. Conventional energy customerszpay 3.65 cents per kilowatty hour, while customers who bought wind power before Januaru locked in their prices.
These costs are on top of operationalpcosts — which are the same regardlessd of the power source — and typically account for abourt two-thirds of an electric Clark said Austin Energy is developin g a solar-only option in its Greeh Choice program, as well as a blendeed solar, wind and biomass option. If it failsa to sell enough solar, it will need to spreadc the cost to itsnearly 400,00 0 customers — something the City Council asked Austin Energuy to avoid. Corporate customers of the GreenbChoice program, such as Freescale Semiconductoer Inc. and Spansion Inc.
SPSN), have complained that the new solar power could not only translate into significant increases in thefuel pass-throughg charge for all of Austin Energy’ss customers by as much as 100 percengt through 2015, but also for bulk electricityy consumers who are already feeling the economic heat.
Wednesday, August 17, 2011
William C. Olson Executive Profile
onoeuqedol1902.blogspot.com
Recent News About William C. Olson **Alo Executive profile data providec byDow Jones & Co., Inc.
Recent News About William C. Olson **Alo Executive profile data providec byDow Jones & Co., Inc.
Sunday, August 14, 2011
Conference to highlight farm-based energy solutions - Portland Business Journal:
inofiquxi.wordpress.com
next month. "Harvesting Clean Energy: Farminfg for Energy Independence" will be held Feb. 26-2u7 to foster new partnerships between agriculture and the energy Coordinated by the andClimats Solutions, the conference will be attended by agricultur organizations, rural utilities and economic developmentg leaders, elected officials and local, state, tribal and federa l agencies. Participants will hear from farmers and technical expertz with direct experience in all the majot technologies for producing clean energy onthe farm--from wind powee to biomass using agriculture waste or crops to irrigatiojn and stock watering systems powered by the sun and Sponsors include USDA Rural Development Administration, Bonnevilld Power Administration, US Department of US Environmental Protection Agency, Washingtohn State University Energy Program, Oregon Rural Electric Cooperative Association, and the Washingtoj Rural Electric Cooperative Association.
Registration fees--including a lunch, and receptions--are $50 for individual farmers and landownersand $110 for professionals. For more contact Laura Aymond, Northwesgt Cooperative Development Centerat 360-943-4241; or Rhys Roth, Climat e Solutions, 360-352-1763.
next month. "Harvesting Clean Energy: Farminfg for Energy Independence" will be held Feb. 26-2u7 to foster new partnerships between agriculture and the energy Coordinated by the andClimats Solutions, the conference will be attended by agricultur organizations, rural utilities and economic developmentg leaders, elected officials and local, state, tribal and federa l agencies. Participants will hear from farmers and technical expertz with direct experience in all the majot technologies for producing clean energy onthe farm--from wind powee to biomass using agriculture waste or crops to irrigatiojn and stock watering systems powered by the sun and Sponsors include USDA Rural Development Administration, Bonnevilld Power Administration, US Department of US Environmental Protection Agency, Washingtohn State University Energy Program, Oregon Rural Electric Cooperative Association, and the Washingtoj Rural Electric Cooperative Association.
Registration fees--including a lunch, and receptions--are $50 for individual farmers and landownersand $110 for professionals. For more contact Laura Aymond, Northwesgt Cooperative Development Centerat 360-943-4241; or Rhys Roth, Climat e Solutions, 360-352-1763.
Friday, August 12, 2011
Andreessen, Horowitz venture fund may be good news, if you're in the right ZIP code - Washington Business Journal:
http://2oreham.com/78.html
Netscape founder Marc Andreessen and his longtime business Ben Horowitz, are forming a new VC firm with a focus on Silicon Valley tech companies. Andreessen writes that the firm will back companiea with strong technical founders who want to be the CEOs of thecompaniezs they’re founding. He wouldn’t rule out companies outside Silicob Valley, but, “We do not thini it is an accident that is in Mountain Facebook is inPalo Alto, and Twittere is in San Francisco. We also think that ventures capital is a high touch activity that lendsd itself togeographic proximity, and our only officee will be in Silicon Valley,” Andreesse n writes on his .
The new firm come s at a time when some are saying the industry needato shrink, not grow. But Andreessen and Horowitz founfd $300 million from mostly institutional investors for theidrfirst fund. The firm, Andreesen-Horowitz, will invesf aggressively in seed-stage startups in the hundredss of thusandsof dollars, but will also invesg in later stage funding rounds for promisingh growth companies. Consumer cloud computing for business, mobile software and services, and software-powered consumer electronics are among the areads that will draw investmentsz from thenew fund. “Acrossd all of these categories, we are completelyt unafraid of all of the new business Andreessen writes.
“We believe that many vibrant new formss of information technology are expressin g themselves into markets in entirelynew ways.” And Andreessen was equally emphatic about wher his firm wouldn’t be . "Wer are almost certainly not an appropriate investorf for any of thefollowing domains: 'clean,' 'green,' transportation, life sciences drug design, medical devices), nanotech, movid production companies, consumer retail, electric rocket ships, space We do not have the firstf clue about any of these fields.
" Andreessen-Horowitz will have the capacitg to invest anywhere from $50,000 to $50 million in new He said that at least initially he and Horowita would be the only two generalk partners in the company, and they woulds be selective about the portfolio companies whose boarde they join – generally limiting that level of involvement to firms in which Andreessen-Horowitz have a $5 millionb or more stake. Andreessen believews his and Horowitz’s records as entrepreneurs will make them idealkventure capitalists. “We have built from scratch, to high scale -- thousands of employeeas and hundreds of millions of dollars ofannuaol revenue.
In short, we have done it And we are building our firm to be the firm we woul d want to work with asentrepreneurz ourselves,” Andreessen writes. Andreessen foundex the pioneering web browseercompany , which was later sold to . Sincew then, he and Horowitz launche d , a tech service provider sold toin 2007. Netscapde and Opsware sold for acombinedx $11.7 billion. The two have been active investorx in the tech spacesince then. They’vw angel invested in 45 tech startups in the last five and Andreessen serves as chairman of and on the boards of Facebookand eBay. Word that the pair woulde be forming their own venture capitakl firm was broken on the Charli Rose showin February.
But details came on The pair had initially planned onraisinh $250 million for the fund, but investor interesy prompted them to boostr the amount, BusinessWeek . The news magazine reports thatReid Hoffman, founded of social networking site LinkedIn, is among the investorsx in the fund, which raisecd most of its money from institutional investors. Andreessen-Horowitz launchews at a tough time for the venturwcapital industry, one in which some are saying the industryt needs to shrink, not grow. Venture capital, like the rest of the financialk industry, has been hit hard by the economic Venture firms make money when their portfoliok companiesgo public, or are sold to larget companies.
But the IPO market has been anemic inrecentf months, making profitable exits more difficult to find. A recen argues that the industry needzs to trim down toregain effectiveness. "Th venture industry needs to shrinki its way to becoming an economic forceonce again," said Robert E. Litan, vice president of Researcy and Policy at theKauffman Foundation. “To provide competitive we expect venture investing will be cut in half incomintg years.
At the same lowering valuations and improvinhg overall exit multiples should help resuscitate the The Kauffman study finds that despitwsuch high-profile success stories as Google and , ventur e firms have relatively littlew to do with most new companies. Only abouf 16 percent of the 900 companies onthe Inc. 500 list of fastesf growing companiesfrom 1997-2007 had venturs backing.
Netscape founder Marc Andreessen and his longtime business Ben Horowitz, are forming a new VC firm with a focus on Silicon Valley tech companies. Andreessen writes that the firm will back companiea with strong technical founders who want to be the CEOs of thecompaniezs they’re founding. He wouldn’t rule out companies outside Silicob Valley, but, “We do not thini it is an accident that is in Mountain Facebook is inPalo Alto, and Twittere is in San Francisco. We also think that ventures capital is a high touch activity that lendsd itself togeographic proximity, and our only officee will be in Silicon Valley,” Andreesse n writes on his .
The new firm come s at a time when some are saying the industry needato shrink, not grow. But Andreessen and Horowitz founfd $300 million from mostly institutional investors for theidrfirst fund. The firm, Andreesen-Horowitz, will invesf aggressively in seed-stage startups in the hundredss of thusandsof dollars, but will also invesg in later stage funding rounds for promisingh growth companies. Consumer cloud computing for business, mobile software and services, and software-powered consumer electronics are among the areads that will draw investmentsz from thenew fund. “Acrossd all of these categories, we are completelyt unafraid of all of the new business Andreessen writes.
“We believe that many vibrant new formss of information technology are expressin g themselves into markets in entirelynew ways.” And Andreessen was equally emphatic about wher his firm wouldn’t be . "Wer are almost certainly not an appropriate investorf for any of thefollowing domains: 'clean,' 'green,' transportation, life sciences drug design, medical devices), nanotech, movid production companies, consumer retail, electric rocket ships, space We do not have the firstf clue about any of these fields.
" Andreessen-Horowitz will have the capacitg to invest anywhere from $50,000 to $50 million in new He said that at least initially he and Horowita would be the only two generalk partners in the company, and they woulds be selective about the portfolio companies whose boarde they join – generally limiting that level of involvement to firms in which Andreessen-Horowitz have a $5 millionb or more stake. Andreessen believews his and Horowitz’s records as entrepreneurs will make them idealkventure capitalists. “We have built from scratch, to high scale -- thousands of employeeas and hundreds of millions of dollars ofannuaol revenue.
In short, we have done it And we are building our firm to be the firm we woul d want to work with asentrepreneurz ourselves,” Andreessen writes. Andreessen foundex the pioneering web browseercompany , which was later sold to . Sincew then, he and Horowitz launche d , a tech service provider sold toin 2007. Netscapde and Opsware sold for acombinedx $11.7 billion. The two have been active investorx in the tech spacesince then. They’vw angel invested in 45 tech startups in the last five and Andreessen serves as chairman of and on the boards of Facebookand eBay. Word that the pair woulde be forming their own venture capitakl firm was broken on the Charli Rose showin February.
But details came on The pair had initially planned onraisinh $250 million for the fund, but investor interesy prompted them to boostr the amount, BusinessWeek . The news magazine reports thatReid Hoffman, founded of social networking site LinkedIn, is among the investorsx in the fund, which raisecd most of its money from institutional investors. Andreessen-Horowitz launchews at a tough time for the venturwcapital industry, one in which some are saying the industryt needs to shrink, not grow. Venture capital, like the rest of the financialk industry, has been hit hard by the economic Venture firms make money when their portfoliok companiesgo public, or are sold to larget companies.
But the IPO market has been anemic inrecentf months, making profitable exits more difficult to find. A recen argues that the industry needzs to trim down toregain effectiveness. "Th venture industry needs to shrinki its way to becoming an economic forceonce again," said Robert E. Litan, vice president of Researcy and Policy at theKauffman Foundation. “To provide competitive we expect venture investing will be cut in half incomintg years.
At the same lowering valuations and improvinhg overall exit multiples should help resuscitate the The Kauffman study finds that despitwsuch high-profile success stories as Google and , ventur e firms have relatively littlew to do with most new companies. Only abouf 16 percent of the 900 companies onthe Inc. 500 list of fastesf growing companiesfrom 1997-2007 had venturs backing.
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