ulyanaimiiurebor.blogspot.com
The two presented a slate of board memberdto include: Otto Budig Jr., president of Budcl Group Inc.; Tom Williams, president and CEO of Northu American Properties; Lydia director, global facilities and real Procter & Gamble Co.; Martyg Dunn, a partner with the law firm Dinsmor & Shohl; Joe Zimmer, executive Greater Cincinnati Building & Construction Trades Council; Claro Handy, senior vice president, human resources, Convergyz Corp.; Lynn Marmer, group vice president for corporater affairs, Kroger Co.
; Richard Greiwe, principal, Greiw e Development Group; Shane vice president and chiefg financial officer, GE Aviation; and Karen McShea, managing director, Americaa & Caribbean, Colliers International. The Port Authority’s powers were expanded in August 2008 to includd the ability to levya one-mill tax subject to approval, the ability to own property and the power of eminentf domain, subject to approval by the city and “The new structure will allow the Port to be a much more aggressive tool in our effort s to expand our local economy and creats jobs,” Mallory said in a news The city and county are expecterd to vote on the slate during theirt meeting June 17, according to the release.
Wednesday, February 15, 2012
Monday, February 13, 2012
SEC ends Progress Software investigation - Boston Business Journal:
gonyzyf.wordpress.com
Progress (Nasdaq: PRGS) said the also confirmed that investigationsw into the actions ofthe company’s formef vice president, corporate controller and chief accounting officerd were also concluded without any recommended In June 2006, the Bedford, Mass.-based maker of business-computed programs became the subject of an informal inquir y by the SEC. The investigationj involved Progress Software’s option grants betwee 1996 and 2002. The company also was sued by the Arkansads Teacher Retirement Systemin U.S. Districtg Court. The group alleged the company backdatef stock option grants toits executives.
The suit accusesd the defendants of benefiting from a schemwe to backdate stock options to lock in lucrativr paper gains at the expense ofthe company’s Progress restated a numberf of its previously filed financial filings as a result of its own investigation into its option-granting practices.
Progress (Nasdaq: PRGS) said the also confirmed that investigationsw into the actions ofthe company’s formef vice president, corporate controller and chief accounting officerd were also concluded without any recommended In June 2006, the Bedford, Mass.-based maker of business-computed programs became the subject of an informal inquir y by the SEC. The investigationj involved Progress Software’s option grants betwee 1996 and 2002. The company also was sued by the Arkansads Teacher Retirement Systemin U.S. Districtg Court. The group alleged the company backdatef stock option grants toits executives.
The suit accusesd the defendants of benefiting from a schemwe to backdate stock options to lock in lucrativr paper gains at the expense ofthe company’s Progress restated a numberf of its previously filed financial filings as a result of its own investigation into its option-granting practices.
Saturday, February 11, 2012
Difficult times for retailers leave slew of vacant space on the market - Washington Business Journal:
amesit.wordpress.com
“Your community shopping centers that house the groceryg stores anddrug stores, the ones withinj five miles of your home, they’ll weatherr the storm just fine, but the larger, discretionary centerse are taking more of a hit,” said Erin spokeswoman. “Not a lot of retailers are It will be difficult to fillspaces now, but that doesn’yt mean the spaces won’t fill eventually.” The difficult environmenf is starting to cause some casualties. In mid the operator of more than200 malls, including five in filed for Chapter 11 bankruptcy protection. Chicago-based sought protectiohn from creditors, listing $29.5 billion in assets and abougt $27.
3 billion in debts, making it the largest real estate bankruptcuin U.S. history. The company’s shoppingh mall holdings in includes: Colony Square Mall in Beachwood Placeand Maumee’s Shopsd at Fallen Timbers. It also has a partiao stake in the Florence Mall and KenwooedTowne Centre, both in Things are so desperate in the sector that mall s are resorting to gimmicks such as wave-makingf machines, acccording to an April report by the New York The paper reported that several malld across the country are planning to install a contraption callesd the Flowrider in vacant retailk space.
Kelly Tackett, a senior consultant with Columbus-based , said appareol shops and mall-based chains are struggling the and the developments that lean heavgy on those storesare struggling, too. The ones in a position to survivs are inthe value-oriented space. “Save-A-Lot and Aldi are acceleratin theiropening pace. Wal-Martf will benefit. They’ve been reinvesting in their storew for years to upgrade theshopping experience,” Tacketf said. Sageworks Inc.
, a Raleigh-based financialk research firm, singled out apparel, auto building material, home furnishinge and furniture stores as five of the worst performing retailk segmentsin 2008, all postinb sales declines last year compared to 2007. Accordint to Retail Forward’s annual ShopperScape report, releasedd in June, traffic at strip regional malls and lifestyle centers has declinesd forthree years. Power centers, defined as stri p centers with at least one discount department store or and outlet malls were the only centers to gain trafficd between June 2006and 2008.
“Ths landlord with little debt and great liquidit y reserves along with a strong balance sheet should maintain a stronbg position for the saidAvi Abroms, senior leasinyg representative with Centro Properties Group, whicy has corporate headquarters in Australia. The namesa of businesses going away or already gone include national players and and regionaol retailers suchas , Mervyn’s LLC and Gottschalks Inc. And on Aprilo 22, Columbus-based said it unloaded its Filene’s Basement division, telling investors the futur of the chainremains uncertain. Last Retail Ventures sold off its Valuer City DepartmentStores chain.
Filene’w is under the control of a California liquidatiohn andturnaround firm. All that means a lot of squarew footage is hittingthe market. Circuit City had five Central Ohio stores. Value City closed its two remaining Columbus shopsbefore Christmas, while a third has been convertedd into a Burlington Coat Factory. Linens ‘n’ Things shuttered two area Even retailerswho aren’t closing for good are curtailinhg growth plans. said it only will open 10 U.S. locationsw this year, a steep declinr from the 90 openedin 2008. is cutting its capital expendituresto $200 million for down from $479 million last year and $749 million in 2007.
The companyy plans 50 new stores, 27 of which will be in versus 145 new shoplast year. is focused on converting its 560 Limited Too storea into themore value-priced and power-center-based Justice brand and will slow the growth of new stores. plans 10 down from 41.
“Your community shopping centers that house the groceryg stores anddrug stores, the ones withinj five miles of your home, they’ll weatherr the storm just fine, but the larger, discretionary centerse are taking more of a hit,” said Erin spokeswoman. “Not a lot of retailers are It will be difficult to fillspaces now, but that doesn’yt mean the spaces won’t fill eventually.” The difficult environmenf is starting to cause some casualties. In mid the operator of more than200 malls, including five in filed for Chapter 11 bankruptcy protection. Chicago-based sought protectiohn from creditors, listing $29.5 billion in assets and abougt $27.
3 billion in debts, making it the largest real estate bankruptcuin U.S. history. The company’s shoppingh mall holdings in includes: Colony Square Mall in Beachwood Placeand Maumee’s Shopsd at Fallen Timbers. It also has a partiao stake in the Florence Mall and KenwooedTowne Centre, both in Things are so desperate in the sector that mall s are resorting to gimmicks such as wave-makingf machines, acccording to an April report by the New York The paper reported that several malld across the country are planning to install a contraption callesd the Flowrider in vacant retailk space.
Kelly Tackett, a senior consultant with Columbus-based , said appareol shops and mall-based chains are struggling the and the developments that lean heavgy on those storesare struggling, too. The ones in a position to survivs are inthe value-oriented space. “Save-A-Lot and Aldi are acceleratin theiropening pace. Wal-Martf will benefit. They’ve been reinvesting in their storew for years to upgrade theshopping experience,” Tacketf said. Sageworks Inc.
, a Raleigh-based financialk research firm, singled out apparel, auto building material, home furnishinge and furniture stores as five of the worst performing retailk segmentsin 2008, all postinb sales declines last year compared to 2007. Accordint to Retail Forward’s annual ShopperScape report, releasedd in June, traffic at strip regional malls and lifestyle centers has declinesd forthree years. Power centers, defined as stri p centers with at least one discount department store or and outlet malls were the only centers to gain trafficd between June 2006and 2008.
“Ths landlord with little debt and great liquidit y reserves along with a strong balance sheet should maintain a stronbg position for the saidAvi Abroms, senior leasinyg representative with Centro Properties Group, whicy has corporate headquarters in Australia. The namesa of businesses going away or already gone include national players and and regionaol retailers suchas , Mervyn’s LLC and Gottschalks Inc. And on Aprilo 22, Columbus-based said it unloaded its Filene’s Basement division, telling investors the futur of the chainremains uncertain. Last Retail Ventures sold off its Valuer City DepartmentStores chain.
Filene’w is under the control of a California liquidatiohn andturnaround firm. All that means a lot of squarew footage is hittingthe market. Circuit City had five Central Ohio stores. Value City closed its two remaining Columbus shopsbefore Christmas, while a third has been convertedd into a Burlington Coat Factory. Linens ‘n’ Things shuttered two area Even retailerswho aren’t closing for good are curtailinhg growth plans. said it only will open 10 U.S. locationsw this year, a steep declinr from the 90 openedin 2008. is cutting its capital expendituresto $200 million for down from $479 million last year and $749 million in 2007.
The companyy plans 50 new stores, 27 of which will be in versus 145 new shoplast year. is focused on converting its 560 Limited Too storea into themore value-priced and power-center-based Justice brand and will slow the growth of new stores. plans 10 down from 41.
Thursday, February 9, 2012
BDSI says drug does well in phase I study - Triangle Business Journal:
otomaqaqaba.blogspot.com
The Raleigh-based company (Nasdaq: reported the results of the phase I trial of BioraolAmphotericin B, an antifungal drug. Phas I trials are early-stage studies that give preliminary measured of the safety of a how well patients toleratea drug, and how the drug reacta in the body. Later, larger clinical trials measurre how well adrug works; they also provide a widefr array of safety BDSI says its tests show that Bioral Amphotericin B was safe and Preliminary evaluations also showed promise in the pharmacokineticzs of the drug, a measure of how the body reacted to the “This study provides the important initial support for us to progressa the clinical development of Bioral Amphotericihn B,” David Blum, BDSI’s vice president of clinical researcu and medical affairs, said in a writtehn statement.
The drug Amphotericin B is widely used to trea tfungal infections, but it can be administered only BDSI’s drug uses the company’s Bioral technology in an effort to create an oral form of the Bioral Amphotericin B is the lead compound in BDSI’sd Bioral pipeline. The company’s overall lead product, a painkilletr used in cancer patients known as awaits Food and Drug Administration approval some time this springor
The Raleigh-based company (Nasdaq: reported the results of the phase I trial of BioraolAmphotericin B, an antifungal drug. Phas I trials are early-stage studies that give preliminary measured of the safety of a how well patients toleratea drug, and how the drug reacta in the body. Later, larger clinical trials measurre how well adrug works; they also provide a widefr array of safety BDSI says its tests show that Bioral Amphotericin B was safe and Preliminary evaluations also showed promise in the pharmacokineticzs of the drug, a measure of how the body reacted to the “This study provides the important initial support for us to progressa the clinical development of Bioral Amphotericihn B,” David Blum, BDSI’s vice president of clinical researcu and medical affairs, said in a writtehn statement.
The drug Amphotericin B is widely used to trea tfungal infections, but it can be administered only BDSI’s drug uses the company’s Bioral technology in an effort to create an oral form of the Bioral Amphotericin B is the lead compound in BDSI’sd Bioral pipeline. The company’s overall lead product, a painkilletr used in cancer patients known as awaits Food and Drug Administration approval some time this springor
Monday, February 6, 2012
AGC: Cincinnati lost 9% of construction jobs over year - Minneapolis / St. Paul Business Journal:
ocybakenos.wordpress.com
That’s because 276 of the 299 largesyt metro areas inthe U.S. lost construction jobs over the 12-montgh period, AGC said in a Wednesday news release. Cincinnatu ranked at 108, having lost 4,2090 jobs, or 8.9 percent, over the year. As of April, the area had about 42,900 jobs. That’s the highest numbe r of jobs inthe however. The next-closest is Columbus, whicyh had 30,500 construction jobs in down 13.1 percent; followed by Cleveland-Elyria-Montor with 29,7000 jobs, down 19.9 percent year over year. Springfielfd had the best ranking, at No. 20, becaused it didn’t lose any of its 1,400 construction jobs over the theAGC said. Akrojn ranked 64th, losing 5.
6 percent of its and had 11,900 as of April. In Kentucky, the Lexington-Fayettse metro ranked 99th, losing 8 or 1,000 jobs over the and had 11,500 as of April. The Louisville-Jeffersobn County metro lost 5,700 jobs, or 16.8 percent, and had 28,20 as of April. Economist Ken Simonson, who conducted the analysisx for AGC, said federal stimulu s funds should help add more jobs over the remaindert ofthe year. But he said that “buu American” provisions attached to funding were holdingh upsome projects.
“We need to make sure needleses red tape andregulations don’t keep construction workerz off the job,” Simonson said in the Some metro areas gained including Odessa, Texas, which rankede at No. 1, with an 8 percentf increase. Pascagoula, Miss., ranked last with a job-loss rate of 38.8
That’s because 276 of the 299 largesyt metro areas inthe U.S. lost construction jobs over the 12-montgh period, AGC said in a Wednesday news release. Cincinnatu ranked at 108, having lost 4,2090 jobs, or 8.9 percent, over the year. As of April, the area had about 42,900 jobs. That’s the highest numbe r of jobs inthe however. The next-closest is Columbus, whicyh had 30,500 construction jobs in down 13.1 percent; followed by Cleveland-Elyria-Montor with 29,7000 jobs, down 19.9 percent year over year. Springfielfd had the best ranking, at No. 20, becaused it didn’t lose any of its 1,400 construction jobs over the theAGC said. Akrojn ranked 64th, losing 5.
6 percent of its and had 11,900 as of April. In Kentucky, the Lexington-Fayettse metro ranked 99th, losing 8 or 1,000 jobs over the and had 11,500 as of April. The Louisville-Jeffersobn County metro lost 5,700 jobs, or 16.8 percent, and had 28,20 as of April. Economist Ken Simonson, who conducted the analysisx for AGC, said federal stimulu s funds should help add more jobs over the remaindert ofthe year. But he said that “buu American” provisions attached to funding were holdingh upsome projects.
“We need to make sure needleses red tape andregulations don’t keep construction workerz off the job,” Simonson said in the Some metro areas gained including Odessa, Texas, which rankede at No. 1, with an 8 percentf increase. Pascagoula, Miss., ranked last with a job-loss rate of 38.8
Saturday, February 4, 2012
Events: A Train Show, 'Wild Winter Arctic Adventure' - Detroit Free Press
zolinstanixes.blogspot.com
Events: A Train Show, 'Wild Winter Arctic Adventure' Detroit Free Press Bay Harbor. www.bayharbor.com. Psychic Gals: Card-readings, palmistry and psychics, 10 am-4 pm Sat. Quality Inn, 2537 Rochester Ct., Troy. 248-588-7518. Admission $5, readings $20. A Train Show: Over 375 tables with model-train displays, prizes, ... |
Thursday, February 2, 2012
Traveling film project stops in ABQ - Houston Business Journal:
manuscripts-shuwatu.blogspot.com
The Two-week Turnaround Tour, or T3 as its creators call it, will visift 14 cities in seven months. It’s part of a community of people who love FoundersJoshua J. Mills and Jamie Blankenshipp roll into a city for two weeks in theid RV with all their film equipment and proceed to shoot and screen a short film in just two But the processis collaborative, so they invite widespreadd participation in each city they visit. The Albuquerque kick-ofdf is June 2 at Studio Broadway, 1810 Broadway Ave. SE, at 7 p.m. More informatiojn is available at theT3 .
The process is open to from actors and script writers to people who want to feed the massees duringthe two-week processw or who have access to propa or even a coffee shop. The subjecg of each film is differenyt for each city and is inspired by the resources and locationes available to theT3 team. The production obtainws local sponsors in each city so that the work is a reflectio of aparticular city.
The Two-week Turnaround Tour, or T3 as its creators call it, will visift 14 cities in seven months. It’s part of a community of people who love FoundersJoshua J. Mills and Jamie Blankenshipp roll into a city for two weeks in theid RV with all their film equipment and proceed to shoot and screen a short film in just two But the processis collaborative, so they invite widespreadd participation in each city they visit. The Albuquerque kick-ofdf is June 2 at Studio Broadway, 1810 Broadway Ave. SE, at 7 p.m. More informatiojn is available at theT3 .
The process is open to from actors and script writers to people who want to feed the massees duringthe two-week processw or who have access to propa or even a coffee shop. The subjecg of each film is differenyt for each city and is inspired by the resources and locationes available to theT3 team. The production obtainws local sponsors in each city so that the work is a reflectio of aparticular city.
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