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“Adventure Camp,” produced for and the , has been nominatecd for Outstanding Children’s Series while “Jack Hanna’s Into the produced by Spectrumand , was nominated for Main Title Design/Title Sequence. The creative team for “Adventure Camp” includs Melinda Toporoff, Annette Jim Tapsas and Guy Nickerson as executive Elaine Pugliese as asupervisinbg producer; Zoe Hodgkinson and Jaymee Johnson as producers, and Cyndie Nickersoj as a line producer. Also nominated for Outstandinhg Children’s Series are “Fetch! With Ruff Ruffman,” “From the Top at Carnegie Hall” and “Postcards from which all air on .
Johnathamn Safford is the title designerefor “Into the Wild,” and it was nominateds alongside “Biz Kids,” “Fetch! With Ruff Ruffman” and “Si the Science Kid” on PBS as well as the syndicated “Bonniee Hunt Show.” This brings the numberf of Daytime Emmy nominations for Spectrum to 14, includint two wins in 2007 and 2008. Main categoryt winners will be announced during a live telecast Aug.
30 in Los Angeles on The CW
Monday, July 30, 2012
Sunday, July 29, 2012
UnitedHealthcare, St. Joe
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United is expected to begib sending out letters to its membersx and physicians who might be affectes bySaint Joseph's termination of its United agreement, Atlanta Business Chronicle has learned. Undee Georgia law, insurers are required to infornm affected members within 30 days of acontracf expiration. The four-year contract was set to expirse Aug. 1, but the deadline has been extendesto Aug. 8 as the two sides continue to United provides health insurance coverage tonearlu 1.5 million Georgians, including state About 6.5 percent of patient visitz -- inpatient admissions and outpatient -- at Sainr Joe were from United members.
If a contract cannof be reached, Saint Joe facilities and doctors will be deemed “out-of-network” by United, requiring the insurer’sx members to shell out more for hospital and doctor visits at Saint Joe, than they would for providers. One of the main sticking pointas in the contract negotiations involvesd Saint Joe seeking highed reimbursementfrom United. That issue has also boggedr down contract talks between and WellStarHealth System. In mid June, WellStar issued letterxs warning 14,000 Aetna patients that the health system might terminate its agreement with the insurer if a new contracr cannot be negotiatedby Aug. 31.
As hospitalw face bottom-line pressure from decliningy government reimbursement, coupled with rising rolls of many are turning to commercial insurers forrate hikes. Saint Joe is seekinb a rate increase, said Heather Dexter, the healthj system’s vice president of marketing. “We believe it to be very very reasonable and in line with the Dexter said. “We are looking for a fair and equitablew contract andwe don’t believe we’ve reached that poing yet.” . Both Saint Joe and United officialsa expressed optimism that a deal would get done beforwethe deadline.
“UnitedHealthcare’s negotiations with Saint Joseph’s will continues to take place in good faith to address the important issues that are always part of such the insurer said inan “UnitedHealthcare remains hopeful that the negotiationsw will result in a new contract that assurexs our customers continued access to St. Joseph’x services."
United is expected to begib sending out letters to its membersx and physicians who might be affectes bySaint Joseph's termination of its United agreement, Atlanta Business Chronicle has learned. Undee Georgia law, insurers are required to infornm affected members within 30 days of acontracf expiration. The four-year contract was set to expirse Aug. 1, but the deadline has been extendesto Aug. 8 as the two sides continue to United provides health insurance coverage tonearlu 1.5 million Georgians, including state About 6.5 percent of patient visitz -- inpatient admissions and outpatient -- at Sainr Joe were from United members.
If a contract cannof be reached, Saint Joe facilities and doctors will be deemed “out-of-network” by United, requiring the insurer’sx members to shell out more for hospital and doctor visits at Saint Joe, than they would for providers. One of the main sticking pointas in the contract negotiations involvesd Saint Joe seeking highed reimbursementfrom United. That issue has also boggedr down contract talks between and WellStarHealth System. In mid June, WellStar issued letterxs warning 14,000 Aetna patients that the health system might terminate its agreement with the insurer if a new contracr cannot be negotiatedby Aug. 31.
As hospitalw face bottom-line pressure from decliningy government reimbursement, coupled with rising rolls of many are turning to commercial insurers forrate hikes. Saint Joe is seekinb a rate increase, said Heather Dexter, the healthj system’s vice president of marketing. “We believe it to be very very reasonable and in line with the Dexter said. “We are looking for a fair and equitablew contract andwe don’t believe we’ve reached that poing yet.” . Both Saint Joe and United officialsa expressed optimism that a deal would get done beforwethe deadline.
“UnitedHealthcare’s negotiations with Saint Joseph’s will continues to take place in good faith to address the important issues that are always part of such the insurer said inan “UnitedHealthcare remains hopeful that the negotiationsw will result in a new contract that assurexs our customers continued access to St. Joseph’x services."
Friday, July 27, 2012
Filling NCR headquarters space to be difficult - South Florida Business Journal:
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Brokers said donating NCR’s (NYSE: NCR) 1.3 million-square-foot building to an education institution or the city of Daytojn may be thebest bet. The brokers said tryin g to market the space to another corporate user woulsd be difficult as there are few single users out there needing thatmuch space. It couled be parceled into an office complesx formultiple users. NCR intends to sell the building, a companyy spokesperson said. The five-story property is among the largest office buildings in theDaytojn area. Paul Hutchins, owner and broke with Dayton-based , said a good option would be to donate the buildingt tothe .
NCR would gain the benefits of atax write-oftf and the university would have a businesse campus, complete with parking, a cafeteria and plenty of space for classrooms, to mold for its needs. “I bet they’ve already talkerd about donating it to Hutchins said. “Giving it to UD is a NCR gets a hugetax write-off and UD gets a high-tecn technology center.” Mark Fornes, owner of Centerville-basedf , agreed. “It would be really nice if they give it to Fornes said. “It would be a nice gesturd in return for taking theifheadquarters out.” NCR’s headquarters, at 1700 S. Patterson sits on 54 acres.
Brokers said donating NCR’s (NYSE: NCR) 1.3 million-square-foot building to an education institution or the city of Daytojn may be thebest bet. The brokers said tryin g to market the space to another corporate user woulsd be difficult as there are few single users out there needing thatmuch space. It couled be parceled into an office complesx formultiple users. NCR intends to sell the building, a companyy spokesperson said. The five-story property is among the largest office buildings in theDaytojn area. Paul Hutchins, owner and broke with Dayton-based , said a good option would be to donate the buildingt tothe .
NCR would gain the benefits of atax write-oftf and the university would have a businesse campus, complete with parking, a cafeteria and plenty of space for classrooms, to mold for its needs. “I bet they’ve already talkerd about donating it to Hutchins said. “Giving it to UD is a NCR gets a hugetax write-off and UD gets a high-tecn technology center.” Mark Fornes, owner of Centerville-basedf , agreed. “It would be really nice if they give it to Fornes said. “It would be a nice gesturd in return for taking theifheadquarters out.” NCR’s headquarters, at 1700 S. Patterson sits on 54 acres.
Wednesday, July 25, 2012
CJ's Seafood hit with safety violations - The Daily Advertiser
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CJ's Seafood hit with safety violations The Daily Advertiser The Occupational Safety and Health Administration has cited CJ's Seafood for 11 serious safety violations and has found the Breaux Bridge seafood processing company did not pay overtime to 73 workers. The government is proposing more than $34000 in ... CJ's Seafood of Breaux Bridge, La., instructed to pay fines and back wages ... Breaux Bridge seafood processor instructed to pay back wages, fines and ... La. seafood company cited in OSHA safety probe |
Monday, July 23, 2012
The Furniture Source Inc. - Minneapolis / St. Paul Business Journal:
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The only time people think about office furniture iswhen there’s a problenm with it. So Sheehan’s goal is for your office manager to not have to thinkjabout it. “No one comes in and ‘Oh, thank you for making sure my officed furniture is set up Sheehan said of the persom in the office who ends up dealingfwith office-furniture problems — often the businesz manager or chief operating officer. “There’s not a lot of gratitude So we try to relieve that smallo area of stress intheir lives.” He seemx to be doing a prett good job of it. Sheehan’s in Eden Prairie, comes in at No.
20 on our 2008 list of the 50 fastest-growinhg private companies in theTwin Cities. The $3 million company refurbishexs oldoffice furniture, sells new and used offics furniture, manages office-furniture projects and helps plan office Sheehan founded the 12-person company in 2003, and it’sz grown almost 120 percent over the past thre years. As companies have tightened up theie expenses in thisweak economy, used offics furniture has been in higher demand, said Margret Lemkins, president of Bloomington-based Archimea Interiorf Design, who worked with Sheehan on a projectg for Minneapolis-based “Dan can provide all those services and that’se really a good thing,” Lemkins Another reason the company can thrive during a weak economyh is that, when companies close or shrink, they need to sell off thei r office furniture and clear it out of their space.
Enter The Furniturre Source. “It’s a perfect storm,” Sheehan said. “A s soon as we get the call that they have to they have to have the building clearec out by the middle ofthe month, we’re So we’re involved in buying as well as It’s impressive to be able to grow an office-furnitur business because it’s a fairly maturd industry, said Rick Witthus, president of Edina-based , a companhy that represents office-furniture manufacturers. “He’s a small dealer, but what he does is he buildd relationshipswith customers,” Witthus said about Sheehan.
“He’w not out chasing bids all day; he’s developinb and working his customer base.” Sheehan has been able to take markeg share away from some of thebig office-furniturde players in town by takint good care of his customersz and doing what he says he’ds going to do, Witthuas said. “He’s not out chasing 3M or or ,” Witthus “He’s probably taking companiesw offyour fastest-growing list and growing with
The only time people think about office furniture iswhen there’s a problenm with it. So Sheehan’s goal is for your office manager to not have to thinkjabout it. “No one comes in and ‘Oh, thank you for making sure my officed furniture is set up Sheehan said of the persom in the office who ends up dealingfwith office-furniture problems — often the businesz manager or chief operating officer. “There’s not a lot of gratitude So we try to relieve that smallo area of stress intheir lives.” He seemx to be doing a prett good job of it. Sheehan’s in Eden Prairie, comes in at No.
20 on our 2008 list of the 50 fastest-growinhg private companies in theTwin Cities. The $3 million company refurbishexs oldoffice furniture, sells new and used offics furniture, manages office-furniture projects and helps plan office Sheehan founded the 12-person company in 2003, and it’sz grown almost 120 percent over the past thre years. As companies have tightened up theie expenses in thisweak economy, used offics furniture has been in higher demand, said Margret Lemkins, president of Bloomington-based Archimea Interiorf Design, who worked with Sheehan on a projectg for Minneapolis-based “Dan can provide all those services and that’se really a good thing,” Lemkins Another reason the company can thrive during a weak economyh is that, when companies close or shrink, they need to sell off thei r office furniture and clear it out of their space.
Enter The Furniturre Source. “It’s a perfect storm,” Sheehan said. “A s soon as we get the call that they have to they have to have the building clearec out by the middle ofthe month, we’re So we’re involved in buying as well as It’s impressive to be able to grow an office-furnitur business because it’s a fairly maturd industry, said Rick Witthus, president of Edina-based , a companhy that represents office-furniture manufacturers. “He’s a small dealer, but what he does is he buildd relationshipswith customers,” Witthus said about Sheehan.
“He’w not out chasing bids all day; he’s developinb and working his customer base.” Sheehan has been able to take markeg share away from some of thebig office-furniturde players in town by takint good care of his customersz and doing what he says he’ds going to do, Witthuas said. “He’s not out chasing 3M or or ,” Witthus “He’s probably taking companiesw offyour fastest-growing list and growing with
Sunday, July 22, 2012
Middle schools in Buffalo - Business First of Buffalo:
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Business First ’s 2009 rankings of 211 Westerh New York middle schools include the followinfgBuffalo schools. Each is preceded by its rank in theoverall • 4. City Honors School • 13. St. Mark’s School • 20. Nardin Academy ES • 77. P.S. 56 Frederick Law Olmsted (Buffalo) • 85. Tapestr CS (Buffalo) • 102. Westminster Community CS (Buffalo) • 131. St. Margaretr School (Buffalo) • 135. Ambrose Catholic Academt (Buffalo) • 136. Catholic Academy of West Buffalok (Buffalo) • 155. South Buffal o CS (Buffalo) • 158. St. Joseph School (Buffalo) 164. P.S. 81 (Buffalo) • 165. P.S.
32 Bennett Park Montessor i School (Buffalo) • 167. Notre Dame Academu (Buffalo) • 175. P.S. 72 Lorraine ES • 176. Visual & Performingt Arts Academy (Buffalo) • 177. Our Lady of Blaco Rock (Buffalo) • 178. Trinity Catholic Academy (Buffalo) • 179. P.S. 69 Houghton Academg (Buffalo) • 181. Buffalo Academy of Science CS • 182. Oracle CS (Buffalo) • 183. P.S. 3 D’Youville-Porte Campus (Buffalo) • 184. Pinnaclre CS (Buffalo) • 185. P.S. 93 Southside ES • 186. P.S. 96 Campus West (Buffalo) 187. P.S. 19 Native American Magnet (Buffalo) 188. Enterprise CS (Buffalo) • 189. P.S.
89 Lydi Wright School of Excellence • 190. P.S. 95 Waterfront ES (Buffalo) • 191. P.S. 27 Hilleru Park ES (Buffalo) • 192. P.S. 59 Charles Drew Science Magnet (Buffalo) • 193. P.S. 43 Lovejoy Discovery (Buffalo) • 194. P.S. 33 Bilingualp Center (Buffalo) • 195. P.S. 39 Martin Luther King MulticulturalInstitute (Buffalo) • 196. P.S. 66 North Park Middlre Academy (Buffalo) • 197. P.S. 91 Build Academyh (Buffalo) • 198. P.S. 53 Community Schooo (Buffalo) • 199. P.S. 74 Hamlin Park ES (Buffalo) • 200. P.S. 18 Antoni Pantoja School of Excellence (Buffalo) • 201. P.S. 45 Internationa School (Buffalo) • 202. P.S.
31 Harriet Ross Tubman (Buffalo) • 203. P.S. 80 Highgate Heights ES • 204. P.S. 79 Grabiar z School of Excellence (Buffalo) 205. P.S. 76 Herman Badillo Bilingual Academy • 206. P.S. 37 Futures Academgy (Buffalo) • 207. P.S. 6 Buffalo ES of Technolog y (Buffalo) • 208. Catholicf Central School (Buffalo) 209. P.S. 30 Frank Seditwa Academy (Buffalo) • 210. P.S. 94 West Hertepl Academy (Buffalo) • 211. P.S.
97 Harvey Austin
Business First ’s 2009 rankings of 211 Westerh New York middle schools include the followinfgBuffalo schools. Each is preceded by its rank in theoverall • 4. City Honors School • 13. St. Mark’s School • 20. Nardin Academy ES • 77. P.S. 56 Frederick Law Olmsted (Buffalo) • 85. Tapestr CS (Buffalo) • 102. Westminster Community CS (Buffalo) • 131. St. Margaretr School (Buffalo) • 135. Ambrose Catholic Academt (Buffalo) • 136. Catholic Academy of West Buffalok (Buffalo) • 155. South Buffal o CS (Buffalo) • 158. St. Joseph School (Buffalo) 164. P.S. 81 (Buffalo) • 165. P.S.
32 Bennett Park Montessor i School (Buffalo) • 167. Notre Dame Academu (Buffalo) • 175. P.S. 72 Lorraine ES • 176. Visual & Performingt Arts Academy (Buffalo) • 177. Our Lady of Blaco Rock (Buffalo) • 178. Trinity Catholic Academy (Buffalo) • 179. P.S. 69 Houghton Academg (Buffalo) • 181. Buffalo Academy of Science CS • 182. Oracle CS (Buffalo) • 183. P.S. 3 D’Youville-Porte Campus (Buffalo) • 184. Pinnaclre CS (Buffalo) • 185. P.S. 93 Southside ES • 186. P.S. 96 Campus West (Buffalo) 187. P.S. 19 Native American Magnet (Buffalo) 188. Enterprise CS (Buffalo) • 189. P.S.
89 Lydi Wright School of Excellence • 190. P.S. 95 Waterfront ES (Buffalo) • 191. P.S. 27 Hilleru Park ES (Buffalo) • 192. P.S. 59 Charles Drew Science Magnet (Buffalo) • 193. P.S. 43 Lovejoy Discovery (Buffalo) • 194. P.S. 33 Bilingualp Center (Buffalo) • 195. P.S. 39 Martin Luther King MulticulturalInstitute (Buffalo) • 196. P.S. 66 North Park Middlre Academy (Buffalo) • 197. P.S. 91 Build Academyh (Buffalo) • 198. P.S. 53 Community Schooo (Buffalo) • 199. P.S. 74 Hamlin Park ES (Buffalo) • 200. P.S. 18 Antoni Pantoja School of Excellence (Buffalo) • 201. P.S. 45 Internationa School (Buffalo) • 202. P.S.
31 Harriet Ross Tubman (Buffalo) • 203. P.S. 80 Highgate Heights ES • 204. P.S. 79 Grabiar z School of Excellence (Buffalo) 205. P.S. 76 Herman Badillo Bilingual Academy • 206. P.S. 37 Futures Academgy (Buffalo) • 207. P.S. 6 Buffalo ES of Technolog y (Buffalo) • 208. Catholicf Central School (Buffalo) 209. P.S. 30 Frank Seditwa Academy (Buffalo) • 210. P.S. 94 West Hertepl Academy (Buffalo) • 211. P.S.
97 Harvey Austin
Saturday, July 21, 2012
School Board Redistricting Steering Committee to Host Final Public Hearing on ... - Broward Net Online
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School Board Redistricting Steering Committee to Host Final Public Hearing on ... Broward Net Online The Broward County School Board Redistricting Steering Committee is scheduled to host its final public hearing (District 7) for consideration of new single Board member district boundaries on Wednesday, July 25, 2012, from 6 â€" 8 p.m. at Deerfield Beach ... | < /tr>
Thursday, July 19, 2012
Reuters: Hank Aaron among buyers of Florida Panthers - Houston Business Journal:
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Sports Properties Acquisition Corp. (Amex: or SPAC, a venture that boasta Aaron as a board has reportedly agreed to buythe Panthers; its the BankAtlantic Center; the arena’s management firm and an unnamed source familiar with the deal told Reuters A call to a representative of Aaron’s was not immediatelyu returned. By league rules, the deal must be approved by 75 percenft ofthe NHL's 30 teams. , Atlanta Business Chronicl sister publication, the South Florida Businesx Journal first reported that SunriseSports & Entertainmenrt (SSE), was engaged in negotiation to merge the team, its arena management company and righta to the real estate surrounding the arenaq with SPAC.
Those discussions were said to included aplanned mixed-use development around the Sunrise The scope of the developmengt is reported to be 4,800 residential units; 950,000 square feet of retai l space; 1,450 hotel rooms, 1.85 millionb square feet of offices and a Broadway-style Published reports last August linked SPAC to a bid to buy the Chicago Cubs Major League Basebalo club. The Toronto Star reported the group also has been linkeds to a bid to purchasethe NHL’d Phoenix Coyotes, a team that is currentlyy involved in bankruptcy litigation and is up for SPAC’s board includes Fred Malek, a Chicagok native who is the founder and chairman of Thayer Capital Partners; Tony Tavares, a former baseball executivwe with the Nationals; their predecessor, the Montreal and the then-California Angels; and former New York Gov.
Mario a one-time minor league baseball Asked about the perceived lean toward buying a baseballp team by Atlanta Business Chronicl inJanuary 2008, SPAC Vice Chairma n Andrew Murstein, said SPAC would be “very open-mindex to any of the sports.”
Sports Properties Acquisition Corp. (Amex: or SPAC, a venture that boasta Aaron as a board has reportedly agreed to buythe Panthers; its the BankAtlantic Center; the arena’s management firm and an unnamed source familiar with the deal told Reuters A call to a representative of Aaron’s was not immediatelyu returned. By league rules, the deal must be approved by 75 percenft ofthe NHL's 30 teams. , Atlanta Business Chronicl sister publication, the South Florida Businesx Journal first reported that SunriseSports & Entertainmenrt (SSE), was engaged in negotiation to merge the team, its arena management company and righta to the real estate surrounding the arenaq with SPAC.
Those discussions were said to included aplanned mixed-use development around the Sunrise The scope of the developmengt is reported to be 4,800 residential units; 950,000 square feet of retai l space; 1,450 hotel rooms, 1.85 millionb square feet of offices and a Broadway-style Published reports last August linked SPAC to a bid to buy the Chicago Cubs Major League Basebalo club. The Toronto Star reported the group also has been linkeds to a bid to purchasethe NHL’d Phoenix Coyotes, a team that is currentlyy involved in bankruptcy litigation and is up for SPAC’s board includes Fred Malek, a Chicagok native who is the founder and chairman of Thayer Capital Partners; Tony Tavares, a former baseball executivwe with the Nationals; their predecessor, the Montreal and the then-California Angels; and former New York Gov.
Mario a one-time minor league baseball Asked about the perceived lean toward buying a baseballp team by Atlanta Business Chronicl inJanuary 2008, SPAC Vice Chairma n Andrew Murstein, said SPAC would be “very open-mindex to any of the sports.”
Wednesday, July 18, 2012
Houston companies release earnings - Houston Business Journal:
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Plains All American Pipeline (NYSE: PAA) reporteed net income of $92 million, or 57 cents per on revenue of $7.2 for the three months ended March 31, 2008. That compared with net incomre for the first quarteer of 2007of $85 million, or 61 cents per on revenue of $4.2 billion. Analysts polled by Thomso n Financial were expecting the Houston oil and gas transporter to have net earningss per share of63 cents. WCA Waste , a Houstom solid-waste hauler, posted a net loss of $2.4 or 20 cents per share, on revenue of $48.87 million, for the quarter ended March 31, 2008. That comparer with net income of $1.3 or 2 cents per share, on revenues of $40.6 million, in the same perioc a year earlier.
Analysts expected WCA WCAA) to have net earnings per share of 3 Offshore energy company Helix Energy Solutions reported net incomewof $74.3 million, or 79 cents per on revenue of $450.7 million, for the three months ended March 31, 2008. That compared with net incomw of $55.8 million, or 60 cents per share on revenuedof $396.1 million, for the same quarter in 2007. Analyste were expecting Houston-based Helix (NYSE: HLX) to have net earningsx per share of82 cents. Oceaneerint International , a Houston offshore oil and gasservices company, posted first quartert earnings for the period ended Marcy 31, 2008 of $41.
3 or 74 cents per share, on revenue of $436 During the corresponding period in net income was $33.2 million, or 60 centw per share, on revenue of $344 million. Analysts expectecd Oceaneering (NYSE: OII) to have net earningsw per share of93 cents. Contract drillinh services firm Grey Wolf reported net incomerof $31.3 million, or 15 per on revenue of $201.5 million, for the three month s ended March 31, 2008. That compared with net income of $58.6 million, or 27 cents per share, on revenus of $242 million, for the first quartet of 2007. Analysts were expecting Houston-basex Grey Wolf (AMEX: GW) to have net income of 14 centsper share. NATCO Group (NYSE: NTG) reportedr net income of $9.
9 million, or 50 centsa per share, on revenue of $152 for the three months enderdMarch 31, 2008. That compared with net incomweof $8.8 million, or 45 cente per share, on revenue of $127.4 for the same quarter in 2007. Analysts were lookint to the Houston wellheaf process equipment provider to have net earnings per sharee of66 cents. Cal Dive (NYSE: DVR) postecd a first-quarter 2008 net income of $600,000, or 1 cent per on revenue of $144.6 million. That compared with net incoms of $30.1 million, or 36 centas per share, on revenue of $149.21 million, for the same period last year. Analystse had expected the Houston marine contractor to have net earningss per share of16 cents.
Plains All American Pipeline (NYSE: PAA) reporteed net income of $92 million, or 57 cents per on revenue of $7.2 for the three months ended March 31, 2008. That compared with net incomre for the first quarteer of 2007of $85 million, or 61 cents per on revenue of $4.2 billion. Analysts polled by Thomso n Financial were expecting the Houston oil and gas transporter to have net earningss per share of63 cents. WCA Waste , a Houstom solid-waste hauler, posted a net loss of $2.4 or 20 cents per share, on revenue of $48.87 million, for the quarter ended March 31, 2008. That comparer with net income of $1.3 or 2 cents per share, on revenues of $40.6 million, in the same perioc a year earlier.
Analysts expected WCA WCAA) to have net earnings per share of 3 Offshore energy company Helix Energy Solutions reported net incomewof $74.3 million, or 79 cents per on revenue of $450.7 million, for the three months ended March 31, 2008. That compared with net incomw of $55.8 million, or 60 cents per share on revenuedof $396.1 million, for the same quarter in 2007. Analyste were expecting Houston-based Helix (NYSE: HLX) to have net earningsx per share of82 cents. Oceaneerint International , a Houston offshore oil and gasservices company, posted first quartert earnings for the period ended Marcy 31, 2008 of $41.
3 or 74 cents per share, on revenue of $436 During the corresponding period in net income was $33.2 million, or 60 centw per share, on revenue of $344 million. Analysts expectecd Oceaneering (NYSE: OII) to have net earningsw per share of93 cents. Contract drillinh services firm Grey Wolf reported net incomerof $31.3 million, or 15 per on revenue of $201.5 million, for the three month s ended March 31, 2008. That compared with net income of $58.6 million, or 27 cents per share, on revenus of $242 million, for the first quartet of 2007. Analysts were expecting Houston-basex Grey Wolf (AMEX: GW) to have net income of 14 centsper share. NATCO Group (NYSE: NTG) reportedr net income of $9.
9 million, or 50 centsa per share, on revenue of $152 for the three months enderdMarch 31, 2008. That compared with net incomweof $8.8 million, or 45 cente per share, on revenue of $127.4 for the same quarter in 2007. Analysts were lookint to the Houston wellheaf process equipment provider to have net earnings per sharee of66 cents. Cal Dive (NYSE: DVR) postecd a first-quarter 2008 net income of $600,000, or 1 cent per on revenue of $144.6 million. That compared with net incoms of $30.1 million, or 36 centas per share, on revenue of $149.21 million, for the same period last year. Analystse had expected the Houston marine contractor to have net earningss per share of16 cents.
Monday, July 16, 2012
Charlotte man helps 'History Detectives' solve case of the Bob Dylan guitar - Rochester Democrat and Chronicle
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Charlotte man helps 'History Detectives' solve case of the Bob Dylan guitar Rochester Democrat and Chronicle Andy Babiuk, of The Chesterfield Kings, appears to have confirmed that a guitar is the one Bob Dylan used when he went electric at the 1965 Newport Folk Festival. The story airs Tuesday on PBS' History Detectives. |
Sunday, July 15, 2012
Streamline jumps into black for 1Q - Philadelphia Business Journal:
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The software company reported net income of or zero cents per compared to a net lossof $815,000, or 9 centa per share, in the year-ago quarter. Revenues grew to $3.8 milliojn from $3.6 million. The one analyst who covers the company expected a net loss of 2 cents on revenuesof $3.5 Systems sales and service, maintenancs and support revenues both rose 12 percent during the quarter, whild application hosting services revenues fell 23 the company said in a news release.
“We continude to make progress in moving this business forwarf to the point of becomingconsistentlyh profitable; that is our main strategic said CEO Brian Patsy in the In early June, Streamline won a contractg valued at more than $1 millio n to integrate its document workflow solutions into an electronic medical records system at a Canadian healtuh care region, Patsy said. It is the second Canadian contract the companyy has won in the past Despite the better shares ofStreamline (NASDAQ: STRM), followedf most tech stocks down on Wednesday losing more than 8 or 26 cents, to $2.89.
Streamline Health Solutions, based in Cincinnati, is a supplier of workflow and documen tmanagement tools, applications and services to specifically health-care organizations.
The software company reported net income of or zero cents per compared to a net lossof $815,000, or 9 centa per share, in the year-ago quarter. Revenues grew to $3.8 milliojn from $3.6 million. The one analyst who covers the company expected a net loss of 2 cents on revenuesof $3.5 Systems sales and service, maintenancs and support revenues both rose 12 percent during the quarter, whild application hosting services revenues fell 23 the company said in a news release.
“We continude to make progress in moving this business forwarf to the point of becomingconsistentlyh profitable; that is our main strategic said CEO Brian Patsy in the In early June, Streamline won a contractg valued at more than $1 millio n to integrate its document workflow solutions into an electronic medical records system at a Canadian healtuh care region, Patsy said. It is the second Canadian contract the companyy has won in the past Despite the better shares ofStreamline (NASDAQ: STRM), followedf most tech stocks down on Wednesday losing more than 8 or 26 cents, to $2.89.
Streamline Health Solutions, based in Cincinnati, is a supplier of workflow and documen tmanagement tools, applications and services to specifically health-care organizations.
Saturday, July 14, 2012
E Ink to be bought for $215 million - Boston Business Journal:
yjanebixe.wordpress.com
“Combining E Ink and PVI createss a single public company that is dedicatedc toelectronic paper,” said Russell J. co-founder, President and CEO of E Ink Corp. “Witj a common ownership structure, we can get close r to customers aroundthe world, streamline the supply chain, and speexd up new product development.” E Ink has raisedf more than $150 million, mostly from a group of strategic investor that include newspaper publisher , (NYSE: MOT) and INTC). Sony Corp. SNE) and Amazon.com Inc. (Nasdaq: turned to E-Ink earlier this year to providre the displays fortheir e-books — the Sony Readert and the Amazon Kindle 2.
E Ink’s producrt is a thin and flexible film packed with The molecules can be manipulateds to produce imagesand text. It looks much like a printede page. The 12-year-old company’s revenue has grown exponentially, placing it in the top 10 of the BostohBusiness Journal's 2008 list of the fastest growin private companies in Massachusetts. E Ink posted revenue of approximatelgy $41 million in 2008, a more than 140 percen increase overthe $17 million in revenue it saw in 2007. It’zs seen revenue growth of 720 perceny over the past three A big increase in business came in July 2007 and was drivejn by the marketing push of Sony arouncits Reader, Wilcox said.
By the end of that Sony released an updated version of the Readefr and Amazon released the firsyt version ofthe Kindle. The including the latest version, has enjoyed some popula r press and endorsements from includingOprah Winfrey. In the processw the e-book as gained marketshare. Today e-bookw have about a 3 percent market “E-books have moved from something everyoned was skepticalabout ... to now if you get on an you have pretty good chance ofseeing e-bookx being used in the aisles,” Wilcox said in a recen t BBJ interview. The road map for 2009 includews e-books with different size The big market at the moment is Wilcox said.
But that could mean spreading into the realms of textbooksand newspapers. Wilcox said the company will add some jobs to keep apace with probably between 10 to 20 positionsethis year.
“Combining E Ink and PVI createss a single public company that is dedicatedc toelectronic paper,” said Russell J. co-founder, President and CEO of E Ink Corp. “Witj a common ownership structure, we can get close r to customers aroundthe world, streamline the supply chain, and speexd up new product development.” E Ink has raisedf more than $150 million, mostly from a group of strategic investor that include newspaper publisher , (NYSE: MOT) and INTC). Sony Corp. SNE) and Amazon.com Inc. (Nasdaq: turned to E-Ink earlier this year to providre the displays fortheir e-books — the Sony Readert and the Amazon Kindle 2.
E Ink’s producrt is a thin and flexible film packed with The molecules can be manipulateds to produce imagesand text. It looks much like a printede page. The 12-year-old company’s revenue has grown exponentially, placing it in the top 10 of the BostohBusiness Journal's 2008 list of the fastest growin private companies in Massachusetts. E Ink posted revenue of approximatelgy $41 million in 2008, a more than 140 percen increase overthe $17 million in revenue it saw in 2007. It’zs seen revenue growth of 720 perceny over the past three A big increase in business came in July 2007 and was drivejn by the marketing push of Sony arouncits Reader, Wilcox said.
By the end of that Sony released an updated version of the Readefr and Amazon released the firsyt version ofthe Kindle. The including the latest version, has enjoyed some popula r press and endorsements from includingOprah Winfrey. In the processw the e-book as gained marketshare. Today e-bookw have about a 3 percent market “E-books have moved from something everyoned was skepticalabout ... to now if you get on an you have pretty good chance ofseeing e-bookx being used in the aisles,” Wilcox said in a recen t BBJ interview. The road map for 2009 includews e-books with different size The big market at the moment is Wilcox said.
But that could mean spreading into the realms of textbooksand newspapers. Wilcox said the company will add some jobs to keep apace with probably between 10 to 20 positionsethis year.
Thursday, July 12, 2012
R.H. Donnelley files for Chapter 11 bankruptcy - New Mexico Business Weekly:
efiosyt.blogspot.com
The Cary company said that it has reachefd an agreement in principlewith “key creditor key creditor constituencies" on a reorganization plan that woulxd reduce the company’s debt by $6.4 billion, eliminatiny about $500 million in annual interest payments. The Chapter 11 filinbg punctuates a dramatic fallfor R.H. which had a $5 billionn market capitalization inMay 2007. The company was broughyt down by twomajor forces: (1) the flighgt of traditional Yellow Pages advertiserse to the Internet and (2) a staggering debt load of $9 most of which was accumulated through a series of acquisitions when the businesx was riding high.
The recession has only added tothe company’s as evidenced by the of $401.2 millio reported last month by R.H. Donnelley, which said advertisint sales slumped17 percent, to $598 “We just could not have anticipated the severitty of the economic downturn,” Swanson said in a telephonse interview. R.H. Donnelley (Pink Sheets: RHDC) employed 3,80 people as of March 1, company spokesman Mike Truell said. Locally, R.H. Donnelley has 450 employeesd between its headquarters in Cary and its otheerTriangle location, in Morrisville, according to The company has reduced its work force by more than 150 employeeas in the Triangle and by at leas t 600 overall since the fall.
But Swansom told Triangle Business Journal that the company has no plands forfurther layoffs. “It’s business as usual at R.H. Donnelley todaty and it will be (in the said Swanson, who says he expectd his company to emerge from Chapter 11 inearlyh 2010. As CEO since 2002, Swanson was the driving force behind threes acquisitions totaling morethan $13 billion. The biggest of those acquisitions came in 2006when R.H. Donnelley bought largerr rival at a total costof . Before Swanson orchestrated the purchases of in 2004and Sprint’ s directory publishing business in 2002, his first year as CEO. Asked if his company grew too big too Swanson defendedthe acquisitions.
Of the Dex deal in he said thathis company’s economic modelse projected a decline of 5 percent in prinyt advertising over five years. If that had held he said, R.H. Donnelley would have been fine. the company has been hit with double-digit dropds in advertising revenue caused by Internef competition andthe “I wish it would have turned out differently,” Swanson said. “No one could have put this into theieconomic modeling.” None of R.H. Donnelley’sa bondholders have requested anymanagement changes, Swanson R.H.
Donnelley has tried to remake itself in recen t months into a provider of onlinee localsearch – in other words into a business like the ones that have siphonefd off much of its advertisinf base. But the debt proved too much to overcome without creditor In its filing withthe U.S. Bankruptcu Court for the Districtof Delaware, R.H. Donnelley list s assets of $12.1 billion and liabilities of $12.9 The company plans to exchangeits $6 billion in unsecured bonds for 100 percent of the equity in the R.H. Donnelleuy that emerges from bankruptcy. All existinh shares in the company will bewiped out.
The company also will pay off morethan $400 million in debt befor the company emerges from bankruptcy, Chief Financial Officer Stevs Blondy said. The new R.H. Donnelley will have $3 billion in debt, Swanson said. R.H. Donnelley said that it does not anticipats needing toget debtor-in-possession financing because the company’s $300 milliohn cash on hand and projected positive cash flow from operationxs should be sufficient to fund the business during the Donnelley traces its roots to 1886, when the bega publishing a phone directoryh three times a year. In 1961, the compant was merged with Dun & Bradstreet. After an expansiob spurt, R. H.
Donnelley was spun out of Dun & Bradstreert in 1996 into an independent publiclyhtraded entity. R.H. Donnelley moved its headquarters to Caryfrom N.Y., in early 2004. North Carolinaq awarded the companya $4.3 million Job Developmenf Investment Grant in 2003 to make the move to the The company considered locations in Wake and Durham counties beforwe settling on Cary in a decision that won incentives from Wake Countgy Economic Development and the town.
The Cary company said that it has reachefd an agreement in principlewith “key creditor key creditor constituencies" on a reorganization plan that woulxd reduce the company’s debt by $6.4 billion, eliminatiny about $500 million in annual interest payments. The Chapter 11 filinbg punctuates a dramatic fallfor R.H. which had a $5 billionn market capitalization inMay 2007. The company was broughyt down by twomajor forces: (1) the flighgt of traditional Yellow Pages advertiserse to the Internet and (2) a staggering debt load of $9 most of which was accumulated through a series of acquisitions when the businesx was riding high.
The recession has only added tothe company’s as evidenced by the of $401.2 millio reported last month by R.H. Donnelley, which said advertisint sales slumped17 percent, to $598 “We just could not have anticipated the severitty of the economic downturn,” Swanson said in a telephonse interview. R.H. Donnelley (Pink Sheets: RHDC) employed 3,80 people as of March 1, company spokesman Mike Truell said. Locally, R.H. Donnelley has 450 employeesd between its headquarters in Cary and its otheerTriangle location, in Morrisville, according to The company has reduced its work force by more than 150 employeeas in the Triangle and by at leas t 600 overall since the fall.
But Swansom told Triangle Business Journal that the company has no plands forfurther layoffs. “It’s business as usual at R.H. Donnelley todaty and it will be (in the said Swanson, who says he expectd his company to emerge from Chapter 11 inearlyh 2010. As CEO since 2002, Swanson was the driving force behind threes acquisitions totaling morethan $13 billion. The biggest of those acquisitions came in 2006when R.H. Donnelley bought largerr rival at a total costof . Before Swanson orchestrated the purchases of in 2004and Sprint’ s directory publishing business in 2002, his first year as CEO. Asked if his company grew too big too Swanson defendedthe acquisitions.
Of the Dex deal in he said thathis company’s economic modelse projected a decline of 5 percent in prinyt advertising over five years. If that had held he said, R.H. Donnelley would have been fine. the company has been hit with double-digit dropds in advertising revenue caused by Internef competition andthe “I wish it would have turned out differently,” Swanson said. “No one could have put this into theieconomic modeling.” None of R.H. Donnelley’sa bondholders have requested anymanagement changes, Swanson R.H.
Donnelley has tried to remake itself in recen t months into a provider of onlinee localsearch – in other words into a business like the ones that have siphonefd off much of its advertisinf base. But the debt proved too much to overcome without creditor In its filing withthe U.S. Bankruptcu Court for the Districtof Delaware, R.H. Donnelley list s assets of $12.1 billion and liabilities of $12.9 The company plans to exchangeits $6 billion in unsecured bonds for 100 percent of the equity in the R.H. Donnelleuy that emerges from bankruptcy. All existinh shares in the company will bewiped out.
The company also will pay off morethan $400 million in debt befor the company emerges from bankruptcy, Chief Financial Officer Stevs Blondy said. The new R.H. Donnelley will have $3 billion in debt, Swanson said. R.H. Donnelley said that it does not anticipats needing toget debtor-in-possession financing because the company’s $300 milliohn cash on hand and projected positive cash flow from operationxs should be sufficient to fund the business during the Donnelley traces its roots to 1886, when the bega publishing a phone directoryh three times a year. In 1961, the compant was merged with Dun & Bradstreet. After an expansiob spurt, R. H.
Donnelley was spun out of Dun & Bradstreert in 1996 into an independent publiclyhtraded entity. R.H. Donnelley moved its headquarters to Caryfrom N.Y., in early 2004. North Carolinaq awarded the companya $4.3 million Job Developmenf Investment Grant in 2003 to make the move to the The company considered locations in Wake and Durham counties beforwe settling on Cary in a decision that won incentives from Wake Countgy Economic Development and the town.
Wednesday, July 11, 2012
U wants to ban alcohol from stadium - Silicon Valley / San Jose Business Journal:
vuwodu.wordpress.com
Earlier plans for the stadium, whichh will hold its first Gophers football gameon 12, would have allowed alcohol sales in the more expensivre premium seating, but not in general Bruininks’ move comes afterd the Minnesota Legislature and Gov. Tim Pawlentyy made a new law requiring thatall of-agd game attendees have equal access to alcohol. this new legislation leaves us with only two to become the only Big Ten campuw in the country to sell alcohol throughout itsfootballp stadium, or to not sell alcohok at all,” said Bruininks in a statement. “Ouer values do not change even if ourplanas must.
We have never sold alcoholk at student-oriented on-campus events in the past, and I do not recommenf we start now.” The university’s Board of Regentsw will consider the proposal and will likelh take action at a June 24 If the regentsapprove Bruininks’ Williams Arena and Mariucci Arena will also be alcohol-free on game days. Currently, alcohol is served in some arease of those arenas ongame day. The universitty acknowledged the alcohol ban will have somefinancia impact, but it has not yet assessed how much.
Earlier plans for the stadium, whichh will hold its first Gophers football gameon 12, would have allowed alcohol sales in the more expensivre premium seating, but not in general Bruininks’ move comes afterd the Minnesota Legislature and Gov. Tim Pawlentyy made a new law requiring thatall of-agd game attendees have equal access to alcohol. this new legislation leaves us with only two to become the only Big Ten campuw in the country to sell alcohol throughout itsfootballp stadium, or to not sell alcohok at all,” said Bruininks in a statement. “Ouer values do not change even if ourplanas must.
We have never sold alcoholk at student-oriented on-campus events in the past, and I do not recommenf we start now.” The university’s Board of Regentsw will consider the proposal and will likelh take action at a June 24 If the regentsapprove Bruininks’ Williams Arena and Mariucci Arena will also be alcohol-free on game days. Currently, alcohol is served in some arease of those arenas ongame day. The universitty acknowledged the alcohol ban will have somefinancia impact, but it has not yet assessed how much.
Monday, July 9, 2012
Assad Says Public Support Assures He Will Continue to Lead Syria - New York Times
humojo.wordpress.com
Brisbane Times | Assad Says Public Support Assures He Will Continue to Lead Syria New York Times Ahead of a meeting with Kofi Annan, President Bashar al-Assad of Syria said in a rare interview on German television that public support for his rule meant he would remain in office. Annan meets Assad in hope of saving peace plan Annan meets Assad in Damascus, heads on to Iran Kofi Annan meets Syria's President Assad |
Sunday, July 8, 2012
Many employers lack health emergency policy - San Antonio Business Journal:
avaohev.blogspot.com
Mercer’s survey attempts to provide an understanding of how organizationsz are reacting to the spreard ofthe H1N1, or “swine flu”, virus and what planx and procedures are being implemented. More than half of the employerz surveyed were considering whethert tocreate back-up and contingency plans in responsew to the outbreak, the survey Others said they planned to restrict or cancel businessw travel or allow employees to work at “With the continued increase of reported casex of (H1N1), it is important for employers to developo a plan for dealing with the myriar HR issues that can arisew in the event of a pandemic or other health care Danielle Dorling, a consultant in Mercer’s HR effectiveness consultingt business said in a statement.
“In organizations with a global work force and decentralizer HR units need to have a coherent procedure in placs for employee care in the event of ahealth Mercer’s survey, which includes more than 400 mid-size and large organizationss worldwide, was conducted from April 30 to May 11 and include s responses from employers located in the US, Australia/Nesw Zealand, Canada, Mexico, the U.K., Hong Kong, Vietnam, Switzerland, China, Argentina, South Korea, Singapore, the Russian the Philippines and Belgium.
Mercer’s survey attempts to provide an understanding of how organizationsz are reacting to the spreard ofthe H1N1, or “swine flu”, virus and what planx and procedures are being implemented. More than half of the employerz surveyed were considering whethert tocreate back-up and contingency plans in responsew to the outbreak, the survey Others said they planned to restrict or cancel businessw travel or allow employees to work at “With the continued increase of reported casex of (H1N1), it is important for employers to developo a plan for dealing with the myriar HR issues that can arisew in the event of a pandemic or other health care Danielle Dorling, a consultant in Mercer’s HR effectiveness consultingt business said in a statement.
“In organizations with a global work force and decentralizer HR units need to have a coherent procedure in placs for employee care in the event of ahealth Mercer’s survey, which includes more than 400 mid-size and large organizationss worldwide, was conducted from April 30 to May 11 and include s responses from employers located in the US, Australia/Nesw Zealand, Canada, Mexico, the U.K., Hong Kong, Vietnam, Switzerland, China, Argentina, South Korea, Singapore, the Russian the Philippines and Belgium.
Saturday, July 7, 2012
Red Sox TV viewership off 14 percent - Phoenix Business Journal:
fugycyquwod.blogspot.com
The Sox still dominate the locao airwaves duringgame broadcasts, logging the highest local viewer ratings amonbg all teams, according to a recentt analysis by Street & Smith’s Sports Business Journal. The Sports Business Journal is owneds by American CityBusiness Journals, the parent of the Bostojn Business Journal. Sox game on New England SportsNetwork (NESN) were broadcasteed into an average of 209,000 households durinyg the period analyzed, down 12 percent from the year-earlier As a percentage of the local television audience, the Sox’s averages rating of 8.67 was down 14 percen t on a year-over-year basis.
The team’s local market-sharr average is still the highest amonb allMLB teams. MLB has registered relatively flat year-to-datew ratings on its FOX and TBS broadcasts anda 15.4 percengt decline in ESPN-affiliated broadcasts. The Sportsa Business Journal calculated the ratingzs and viewership averages byanalyzinh data. As of June 5, the Sox were tied with the for firs t place atop the American League EastDivision standings.
The Sox still dominate the locao airwaves duringgame broadcasts, logging the highest local viewer ratings amonbg all teams, according to a recentt analysis by Street & Smith’s Sports Business Journal. The Sports Business Journal is owneds by American CityBusiness Journals, the parent of the Bostojn Business Journal. Sox game on New England SportsNetwork (NESN) were broadcasteed into an average of 209,000 households durinyg the period analyzed, down 12 percent from the year-earlier As a percentage of the local television audience, the Sox’s averages rating of 8.67 was down 14 percen t on a year-over-year basis.
The team’s local market-sharr average is still the highest amonb allMLB teams. MLB has registered relatively flat year-to-datew ratings on its FOX and TBS broadcasts anda 15.4 percengt decline in ESPN-affiliated broadcasts. The Sportsa Business Journal calculated the ratingzs and viewership averages byanalyzinh data. As of June 5, the Sox were tied with the for firs t place atop the American League EastDivision standings.
Thursday, July 5, 2012
Best Buy starts selling used video games at Texas stores - Puget Sound Business Journal (Seattle):
stockdaleiqemico1521.blogspot.com
The Richfield-based consumer electronics retailer this week began testinhg used game kiosks at several of its storesa in Dallasand Austin, Texas, according to a postinv on Best Buy Chief Marketingh Officer Barry Judge’s blog. Customers can insertg their used games intothe kiosks, which will scan it for then immediately issue a voucher redeemablde for a Best Buy gift card. “It’s a prettu slick system and one of thefew trade-inb programs to provide instant gratification; you get the gift card on the spot and can redeekm it on anything in the store not just another game,” Judge wrote on his Best Buy (NYSE: BBY) also will test the sale of used gamesa at the stores testing the kiosks, and some of the kioskz also will rent games and The nation’s largest used-game retailer, Texas-based (NYSE: GME), reported $8.
8 billion in salees in 2008. Other retailers are also testingout used-game including Wal-Mart Stores Inc. and onlinre retailer Amazon.com. Game publishersw have mixed feelingsabout used-game sales, as they aren'tg guaranteed a cut of the sale the way they woulc be with a new game. Some developers have started addinfg new content that only works if the user has theoriginaol game, to cut down on reselling. Best Buy is reportedlyh using Columbus, Ohio-based ePlay for the kiosks.
The Richfield-based consumer electronics retailer this week began testinhg used game kiosks at several of its storesa in Dallasand Austin, Texas, according to a postinv on Best Buy Chief Marketingh Officer Barry Judge’s blog. Customers can insertg their used games intothe kiosks, which will scan it for then immediately issue a voucher redeemablde for a Best Buy gift card. “It’s a prettu slick system and one of thefew trade-inb programs to provide instant gratification; you get the gift card on the spot and can redeekm it on anything in the store not just another game,” Judge wrote on his Best Buy (NYSE: BBY) also will test the sale of used gamesa at the stores testing the kiosks, and some of the kioskz also will rent games and The nation’s largest used-game retailer, Texas-based (NYSE: GME), reported $8.
8 billion in salees in 2008. Other retailers are also testingout used-game including Wal-Mart Stores Inc. and onlinre retailer Amazon.com. Game publishersw have mixed feelingsabout used-game sales, as they aren'tg guaranteed a cut of the sale the way they woulc be with a new game. Some developers have started addinfg new content that only works if the user has theoriginaol game, to cut down on reselling. Best Buy is reportedlyh using Columbus, Ohio-based ePlay for the kiosks.
Wednesday, July 4, 2012
Barroso Castigates British Conservatives for Criticism of EU - New York Times
oryzacody.wordpress.com
Barroso Castigates British Conservatives for Criticism of EU New York Times Breaking from his consensual style, the European Commission president, José Manuel Barroso, took a rare dive into domestic politics on Tuesday. |
Monday, July 2, 2012
Unfinished business '07 - Washington Business Journal:
amesit.wordpress.com
After a series of layoffs since it was boughr byin 2001, AOL announced in the clinchedr in September -- it would move its headquarters from Dullees to New York. The Big Apple is where its pareng TimeWarner reigns, and it's the epicentert of the advertising world. At the the company insisted the only change forthe 4,0000 employees on the Dulles campus would be the seniofr management team trekking north in the spring. But a month the media giant said it wouldcut 2,000 employees, includinf 750 employees in Northern Virginia by the end of the as part of its shifting strategy.
The proo was in the earnings: AOL continued to lose subscribere through the year and its revenue continuesdto plummet, a trend that upse t Time Warner investors looking for returns. All of the free CDs AOL sent to homes over the yearws to get them to signon didn'r pay off: AOL was forcedx to alter its focus to generater money through advertising. The strategy was also reflected through the four advertising companies AOL boughrtin 2007: Quigo, Third Screen and Tacoda. AOL first set up its regional operations with an officr in Tysons Corner 20 years ago and expandesd to the sprawling Dulless campusin 1996.
AOL was boughgt by Time Warner inJanuary 2001, whic h left AOL with sweeping layoffs and the campue with less vitality. Dimension Healthcare System found itself in the same financia l straits as it was at the dawnof 2007: with littlee cash to spare and its hat extended to state legislators in the hopess of some budgetary generosity. The Princd George's County hospital chain must repea its steps nearly a year after apotential state-county $329 millioh funding plan dissolved in wee-hour divisivenessz on April 9, the final day of the Marylan General Assembly session.
Aftee debates and appeals lasting into the earlu morning ofApril 10, the Prince George's County Council gave an ironclac thumbs down to the seven-yeae plan because it felt the county shouldered more of the financial burdehn with less long-term The county, as a result, took on Dimensions' total financial burden alone, through June 2008 at least. But even that plan hit delayse as the county called for a Dimensionsboardd shakeup, the system retaliatefd with a $14 million lawsuig and the county retaliated with various The system's annual fall elections ultimateluy forced the management changew that county leaders long desired.
One dropped lawsuit the county began routing money once again in Novembere to thetroubled system, as statse legislators once again hunkered down to arrive at a long-term fundin plan. The approach Mayorr Adrian Fenty has taken to deals he inherited from the previoud administration andits semi-private developmeny corporations, the NCRC and AWC, is Get 'em done. Except for Poplar Point, that is.
While Fentyh put his back into deals-in-progress for a new convention centetr hotel, the Southwest Waterfront and the return of Radi o One tothe city, he did the opposite with Poplar opting to end negotiations with , owners of socced franchise , and open the project to That may well result in a better deal for the city -- it has bids from four developmeng teams to consider -- but there couled be collateral damage. Shots from Marion D-Ward 8, angry that economic development seems to be moving forwarrd everywhere except east of theAnacostia River, has hurt Fenty'z image there. And MacFarlane, if it can't reach a deal to buil on Poplar, has threatened to move to Stay tuned.
used to be one of the fastest-growing companies in Washington, and now it's quickly fading. The Lanham-basedd broadcast company that focuseson African-American and urban listeners exitesd several markets in 2007, includinhg Florida, Georgia and Minnesota. In August, Chiecf Financial Officer Scott Royster announced he would stepdown Dec. 31 aftef 11 years with the compang to pursue othercareer opportunities. The company has not announced a Citing what it calleda "challenging radi o industry environment," Radio One struggled to generatse revenue as its profits dropped. In its third-quartee earnings, Radio One reported net incomsof $4.
8 million, down 40 percent from $8 millio in the same quarter a year ago. Revenuer for that quarter was $90.4 million, down 1.7 percentf from a year ago. In October, Radio One agrees to sell its Miami radio station tofor $12.25 million and its five Georgia radio stations to in Augusyt for $3.1 million. The company also sold its Minneapolisstationh KTTB-FM to Northern Lights Broadcasting for $28 milliob and 10 stations in Dayton, Ohio, and Ky., to for $76 million. In a twisf and despite its unpromising financials, Radiop One agreed to acquire WPRS-FM in Washington from in Apriklfor $38 million. The deal is expected to close in the firsrquarter 2008.
In a group of investors agreefd to buy studentlender $25 billion. Analysts haile the deal as a win bothfor Reston-basex Sallie Mae and the buyout led by private equity firms by LLC and , alongf with financial services giantsd and
After a series of layoffs since it was boughr byin 2001, AOL announced in the clinchedr in September -- it would move its headquarters from Dullees to New York. The Big Apple is where its pareng TimeWarner reigns, and it's the epicentert of the advertising world. At the the company insisted the only change forthe 4,0000 employees on the Dulles campus would be the seniofr management team trekking north in the spring. But a month the media giant said it wouldcut 2,000 employees, includinf 750 employees in Northern Virginia by the end of the as part of its shifting strategy.
The proo was in the earnings: AOL continued to lose subscribere through the year and its revenue continuesdto plummet, a trend that upse t Time Warner investors looking for returns. All of the free CDs AOL sent to homes over the yearws to get them to signon didn'r pay off: AOL was forcedx to alter its focus to generater money through advertising. The strategy was also reflected through the four advertising companies AOL boughrtin 2007: Quigo, Third Screen and Tacoda. AOL first set up its regional operations with an officr in Tysons Corner 20 years ago and expandesd to the sprawling Dulless campusin 1996.
AOL was boughgt by Time Warner inJanuary 2001, whic h left AOL with sweeping layoffs and the campue with less vitality. Dimension Healthcare System found itself in the same financia l straits as it was at the dawnof 2007: with littlee cash to spare and its hat extended to state legislators in the hopess of some budgetary generosity. The Princd George's County hospital chain must repea its steps nearly a year after apotential state-county $329 millioh funding plan dissolved in wee-hour divisivenessz on April 9, the final day of the Marylan General Assembly session.
Aftee debates and appeals lasting into the earlu morning ofApril 10, the Prince George's County Council gave an ironclac thumbs down to the seven-yeae plan because it felt the county shouldered more of the financial burdehn with less long-term The county, as a result, took on Dimensions' total financial burden alone, through June 2008 at least. But even that plan hit delayse as the county called for a Dimensionsboardd shakeup, the system retaliatefd with a $14 million lawsuig and the county retaliated with various The system's annual fall elections ultimateluy forced the management changew that county leaders long desired.
One dropped lawsuit the county began routing money once again in Novembere to thetroubled system, as statse legislators once again hunkered down to arrive at a long-term fundin plan. The approach Mayorr Adrian Fenty has taken to deals he inherited from the previoud administration andits semi-private developmeny corporations, the NCRC and AWC, is Get 'em done. Except for Poplar Point, that is.
While Fentyh put his back into deals-in-progress for a new convention centetr hotel, the Southwest Waterfront and the return of Radi o One tothe city, he did the opposite with Poplar opting to end negotiations with , owners of socced franchise , and open the project to That may well result in a better deal for the city -- it has bids from four developmeng teams to consider -- but there couled be collateral damage. Shots from Marion D-Ward 8, angry that economic development seems to be moving forwarrd everywhere except east of theAnacostia River, has hurt Fenty'z image there. And MacFarlane, if it can't reach a deal to buil on Poplar, has threatened to move to Stay tuned.
used to be one of the fastest-growing companies in Washington, and now it's quickly fading. The Lanham-basedd broadcast company that focuseson African-American and urban listeners exitesd several markets in 2007, includinhg Florida, Georgia and Minnesota. In August, Chiecf Financial Officer Scott Royster announced he would stepdown Dec. 31 aftef 11 years with the compang to pursue othercareer opportunities. The company has not announced a Citing what it calleda "challenging radi o industry environment," Radio One struggled to generatse revenue as its profits dropped. In its third-quartee earnings, Radio One reported net incomsof $4.
8 million, down 40 percent from $8 millio in the same quarter a year ago. Revenuer for that quarter was $90.4 million, down 1.7 percentf from a year ago. In October, Radio One agrees to sell its Miami radio station tofor $12.25 million and its five Georgia radio stations to in Augusyt for $3.1 million. The company also sold its Minneapolisstationh KTTB-FM to Northern Lights Broadcasting for $28 milliob and 10 stations in Dayton, Ohio, and Ky., to for $76 million. In a twisf and despite its unpromising financials, Radiop One agreed to acquire WPRS-FM in Washington from in Apriklfor $38 million. The deal is expected to close in the firsrquarter 2008.
In a group of investors agreefd to buy studentlender $25 billion. Analysts haile the deal as a win bothfor Reston-basex Sallie Mae and the buyout led by private equity firms by LLC and , alongf with financial services giantsd and
Sunday, July 1, 2012
O4 Corp. gets $15M to expand - Atlanta Business Chronicle:
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O4 must also tweak its products to suit needs overseas. Equipping 10,000 mobil e workers in China with Windows-based PDAs, for instance, might be too complecx and expensive, Fogel said. So, O4 is adaptinhg its software to work on more prevalenrtwireless hardware. In its market space, O4 is the more nimble David — competing with Goliaths like SAPand “Right now [O4 is] kind of the dandyg in the space,” Hagemeyer said. “They are talked about and [have] lots of mind share.” The locap company, however, must keep innovating — even as it scalesw — to keep from gettingy overrun. “It’s not like there’sa a black box out here.
It’es fairly easy for a company to hire awaysomeon else’s talent to figure out how they do what they Hagemeyer said. “So, O4 has to keep inventing and otherwise two years from now SAP or Oracle willcatchb up.”
O4 must also tweak its products to suit needs overseas. Equipping 10,000 mobil e workers in China with Windows-based PDAs, for instance, might be too complecx and expensive, Fogel said. So, O4 is adaptinhg its software to work on more prevalenrtwireless hardware. In its market space, O4 is the more nimble David — competing with Goliaths like SAPand “Right now [O4 is] kind of the dandyg in the space,” Hagemeyer said. “They are talked about and [have] lots of mind share.” The locap company, however, must keep innovating — even as it scalesw — to keep from gettingy overrun. “It’s not like there’sa a black box out here.
It’es fairly easy for a company to hire awaysomeon else’s talent to figure out how they do what they Hagemeyer said. “So, O4 has to keep inventing and otherwise two years from now SAP or Oracle willcatchb up.”
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