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 ... |
Tuesday, August 30, 2011
Fertiliser prices soar on hoarding - DAWN.com
vavyzina.wordpress.com
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.
Wednesday, August 10, 2011
We are hurting children with our fearful obsession to keep them safe - Irish Examiner
qozito.wordpress.com
We are hurting children with our fearful obsession to keep them safe Irish Examiner Our fearful obsession with keeping children safe from risks and threats, real and imagined, is creating the danger of screwing them up and damaging society's future by preventing them from growing up. In Louis Pasteur's words, while childhood is a ... |
Monday, August 8, 2011
Stewart
http://eyesurgery.us/Vision-Care/Swarovski-Eyeglasses/
million. The acquisition from , a subsidiarg of Philadelphia-based , increases the Stewart’s total number of shop s to 328. “It was an opportunity to operate a storee at an entrance to the said Stewart’s marketing manager Tom Mailey. Stewart’z began operating the store last week afterthe Malta-basexd convenience store chain closed on the The sale comes as Sunoco movesw forward with its plan to sell 165 propertiezs around the country, including 16 in New The petroleum manufacturing and marketing companyg hired to oversee sales as Sunoco looked to improvee its bottom line.
“These locations are being sold as part of a continuing reviewof Sunoco-brande d retail outlets,” Sunoco senior vice president of marketinv Robert Owens said earlier this year. As part of the agreement, Stewart’a will sell Sunoco gas at its new 521Broadwag property. It will be the third downtown Saratoga Spring store owned and operatedby Stewart’s. The family and employee-ownecd business already has two stores withi n two blocks of theBroadway corridor. Those stores will continues operating. Stewart’s already has begub moving in its own milk and ice creak products in thenew shop.
The companh will not be able to sell alcohol at its new storwe for some time while it waits for the state Liquoer Authority to clear a largse backlogin applications, Mailey The building is abou t 2,600 square feet in size and is 19 yearas old. It is locatex across the street fromthe , a convention facility whicyh is expected to undergo a $16 million expansion and renovation. The gas station and convenience store is located ona .56-acr e lot and generated nearlh $1.1 million in sales, according to NRC Realty marketing Mailey said he would expect the store will see increased busineses under Stewart’s management. “But I don’gt have a number to throw at he said.
Under the term of the sale, Atlantic Refinint & Marketing Corp. will have the first righty of refusal to repurchase the properthif Stewart’s decides to sell it in the next 10
million. The acquisition from , a subsidiarg of Philadelphia-based , increases the Stewart’s total number of shop s to 328. “It was an opportunity to operate a storee at an entrance to the said Stewart’s marketing manager Tom Mailey. Stewart’z began operating the store last week afterthe Malta-basexd convenience store chain closed on the The sale comes as Sunoco movesw forward with its plan to sell 165 propertiezs around the country, including 16 in New The petroleum manufacturing and marketing companyg hired to oversee sales as Sunoco looked to improvee its bottom line.
“These locations are being sold as part of a continuing reviewof Sunoco-brande d retail outlets,” Sunoco senior vice president of marketinv Robert Owens said earlier this year. As part of the agreement, Stewart’a will sell Sunoco gas at its new 521Broadwag property. It will be the third downtown Saratoga Spring store owned and operatedby Stewart’s. The family and employee-ownecd business already has two stores withi n two blocks of theBroadway corridor. Those stores will continues operating. Stewart’s already has begub moving in its own milk and ice creak products in thenew shop.
The companh will not be able to sell alcohol at its new storwe for some time while it waits for the state Liquoer Authority to clear a largse backlogin applications, Mailey The building is abou t 2,600 square feet in size and is 19 yearas old. It is locatex across the street fromthe , a convention facility whicyh is expected to undergo a $16 million expansion and renovation. The gas station and convenience store is located ona .56-acr e lot and generated nearlh $1.1 million in sales, according to NRC Realty marketing Mailey said he would expect the store will see increased busineses under Stewart’s management. “But I don’gt have a number to throw at he said.
Under the term of the sale, Atlantic Refinint & Marketing Corp. will have the first righty of refusal to repurchase the properthif Stewart’s decides to sell it in the next 10
Friday, August 5, 2011
South Florida
http://codeidol.com/visual-basic/visual-basic-2005/Web-Development/
Fewer patients, more people without shrinking tax revenue and sagging investment portfolio are the major factors giving health careexecutives heartburn. At a time when the statw was losingjobs overall, employment in health care/social assistance increases by 35,100 from November 2007 to November according to state data. The 4 percent increase led all But, layoffs have started, including at . Hundreds of employeesa lost their jobs when bought in Fort Lauderdale and swiftly closedthe competition. Other institutions are freezing hiringfor non-medical said Frank Sacco, CEO of , whichg runs five taxpayer-supported hospitals in southern Broward County.
“Hospitalas will have to cut their expense,” Sacci said. “Sixty percent of hospital expenseis labor. I don’tt think it will be as radical a downturnb as the rest ofthe economy, but you will certainlty see a squeeze.” Sacco’sz organization has slowed hirin g and put a $42 milliobn planned bed tower at on hold untilp the financial picture South Florida’s acute care hospitals recordeds more than 2.56 million patient bed days in the firstg nine months of 2008, down by just 0.4 percenf from the same period in 2007, accordinbg to data from the three county healtgh councils.
However, the difference is in the type of Sacco said Memorial has registered 800to 1,0090 more uninsured patients at its clinics, but it’sx been getting fewer elective surgeries, whicj are often paying Since people usually retain health benefitws for some time after they are unemployed, the healtgh care industry usually trails the downside of the economy by six to 12 Sacco said. “Up until this financial health care was always deeme d tobe recession-proof,” said Brianh Keeley, CEO of Miami-based hospital operator . “When peopls lose their jobs and insurance, they will continur to come tothe hospital, but they don’t pay theitr bills.
” Declining investment portfolios also wounded hospitalw in 2008. For the first year, nonprofit hospitals had to accouny for the current value of theid portfolios and mark them down for any losses sincr the securitieswere purchased. This mark-to-marker rule caused plenty of headaches on WallStreet – and it hurt Baptist, too. Keeley said the nonprofit had a 7 percent operating margin for the fisca yearended Oct. 1, but a non-cash chargw of more than $200 million in its portfolio pushesd it intothe red. “We are still in a strongy cash position,” Keeley said.
“Anything over 200 days of cash on hand is While its results have also suffered from more uninsure d patients andcharity care, Keeley said Baptist can hold off the recessioh and will continue its expansion, including buildinyg a new hospital in western Kendall. However, he believes that nonprofite on weaker financial footing could struggle to survive the next few Inearly December, lowered its outlook for the health care predicting weaker demand, more uncompensated care and pressuress by the government to reducee health spending. Most health care companies havegood liquidity, but thos that don’t could have problems, Fitchj said.
“The hospitals that are strugglingh will struggle under moredifficult circumstances, and those with strongerd position will do a little bit Keeley said.
Fewer patients, more people without shrinking tax revenue and sagging investment portfolio are the major factors giving health careexecutives heartburn. At a time when the statw was losingjobs overall, employment in health care/social assistance increases by 35,100 from November 2007 to November according to state data. The 4 percent increase led all But, layoffs have started, including at . Hundreds of employeesa lost their jobs when bought in Fort Lauderdale and swiftly closedthe competition. Other institutions are freezing hiringfor non-medical said Frank Sacco, CEO of , whichg runs five taxpayer-supported hospitals in southern Broward County.
“Hospitalas will have to cut their expense,” Sacci said. “Sixty percent of hospital expenseis labor. I don’tt think it will be as radical a downturnb as the rest ofthe economy, but you will certainlty see a squeeze.” Sacco’sz organization has slowed hirin g and put a $42 milliobn planned bed tower at on hold untilp the financial picture South Florida’s acute care hospitals recordeds more than 2.56 million patient bed days in the firstg nine months of 2008, down by just 0.4 percenf from the same period in 2007, accordinbg to data from the three county healtgh councils.
However, the difference is in the type of Sacco said Memorial has registered 800to 1,0090 more uninsured patients at its clinics, but it’sx been getting fewer elective surgeries, whicj are often paying Since people usually retain health benefitws for some time after they are unemployed, the healtgh care industry usually trails the downside of the economy by six to 12 Sacco said. “Up until this financial health care was always deeme d tobe recession-proof,” said Brianh Keeley, CEO of Miami-based hospital operator . “When peopls lose their jobs and insurance, they will continur to come tothe hospital, but they don’t pay theitr bills.
” Declining investment portfolios also wounded hospitalw in 2008. For the first year, nonprofit hospitals had to accouny for the current value of theid portfolios and mark them down for any losses sincr the securitieswere purchased. This mark-to-marker rule caused plenty of headaches on WallStreet – and it hurt Baptist, too. Keeley said the nonprofit had a 7 percent operating margin for the fisca yearended Oct. 1, but a non-cash chargw of more than $200 million in its portfolio pushesd it intothe red. “We are still in a strongy cash position,” Keeley said.
“Anything over 200 days of cash on hand is While its results have also suffered from more uninsure d patients andcharity care, Keeley said Baptist can hold off the recessioh and will continue its expansion, including buildinyg a new hospital in western Kendall. However, he believes that nonprofite on weaker financial footing could struggle to survive the next few Inearly December, lowered its outlook for the health care predicting weaker demand, more uncompensated care and pressuress by the government to reducee health spending. Most health care companies havegood liquidity, but thos that don’t could have problems, Fitchj said.
“The hospitals that are strugglingh will struggle under moredifficult circumstances, and those with strongerd position will do a little bit Keeley said.
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