Macgasm | Why A 32- to 37-inch Apple TV Isn't Worth Buying SlashGear Now, with the prospect of getting a sm » |
Thursday, December 29, 2011
Why A 32- to 37-inch Apple TV Isn't Worth Buying - SlashGear
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Tuesday, December 27, 2011
NorthEast Community Bank Announces Filing of Application to Convert to a New ... - MarketWatch (press release)
lyubomiradete.blogspot.com
NorthEast Community Bank Announces Filing of Application to Convert to a New ... MarketWatch (press release) Kenneth A. Martinek, President and Chief Executive Officer of NorthEast Community Bancorp, commented, "We have had considerable success as a federally chartered savings bank. We have determined, however, that converting to a New York-chartered savings ... |
Sunday, December 25, 2011
Vladislav Nikolov aka the Hook denies having anything in common with the arsons - Focus News
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Novinite.com | Vladislav Nikolov aka the Hook denies having anything in common with the arsons Focus News That is what Vlaislav Nikolov aka the Hook said in the courtroom during a sitting on his restraining measure, a reporter of FOCUS News Agency . Lawyer of Vladislav Nikolov stated that the Hook is drug addicted, he deals with cars and had refueled his ... First Suspect for Sofia Car Arsons Released on Own Recognizance |
Friday, December 23, 2011
Crate & Barrel
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Crate & Barrel, based in Northbrook, confirmed May 27 that Atlant a is one of the metroareas it’s scouting for potentialk locations for CB2. First launched in the CB2 concept feature contemporary furnishings at lower price The merchandise, which includes sofas, hand-woven rugs, convertible beds and a broadefr selection of eclectic home is focused more on the younger generation of America n consumers that rent apartments and small urban Besides Chicago, privately owned Cratwe & Barrel has rolled out CB2 in New York and California, includinbg a new store in Los Angeles that openexd in April.
Another CB2 is slated to open in Miami’sa South Beach later this year, a Cratse & Barrel spokeswoman said. In all, Crate & Barrel has launched just six CB2 stores. In recenrt years, CB2 officials have been focusinh on new locations inSouthernn California. The company tends to locate in areaswith high-profile regionap shopping centers, lifestyle centers and freestandinh sites. CB2 officials have been looking in denselty populated areas with an averager household income in excessof $50,000. Its prototype store is about 12,000p square feet.
While Cratee & Barrel would not confirm what parts ofAtlantaz it’s been considering, sources familiar with the searcg say it’s focused on Midtown and West Midtown, where new residentialp and retail redevelopment projects are still under way. In Midtown, Daniel Corp. and are developingh 12th & Midtown, a $2 billionn mixed-use project built on a site that several years ago was littlre more than an Atlanta nightclub and a couplwe ofparking lots. Daniel and Selig Enterprises have made a presentatioh to officials from CB2 in recent according to sources familiar with the The projects will eventually feature more than 3 milliomn square feet of residentiall andcommercial space.
CB2 would be the first nationaol retailer to locate on theMidtown Mile, a sectiom of Peachtree Street that economic developmentt boosters hope will eventually become a retai destination much like Madison Avenue in New York City or the Magnificentt Mile in Chicago. Daniel’s and Selig Enterprises’ projectt is meant to be a cornerstone of theMidtown However, ’s Colony Square and Jamestown’s 999 Peachtree will also be key along with 1100 Peachtree and 1180 Peachtree, to a lessee extent, brokers and developers said. CB2 could be an important catcg for theMidtown Mile.
Developers, however, really need to land a much largetr anchor store to give the concept saidMaranda Walker-Dowell, a senior director with CB .’s retaio services group. Barney’s, which has a co-op stord in Buckhead’s Phipps Plaza, has been scouting the area in the past year to18 “The Midtown Mile needs an anchor store to start creatingg that critical mass of retail,” Walker-Dowell said. CB2 may also be consideringf White Provision inWest Midtown, sources said. West the heart of Atlanta’s design district, has already landed Knoll Furniture and fellow furniture retailerRoom & Board.
Both companiees located new stores inWhite Provision, a new project at 14th Streert and Howell Mill Road. White Provision is a joiny venturebetween , and The West Midtown district is gearedc to the young and artisticd crowd. A pedestrian bridgwe that spans the old railway links restaurants such as Bacchanalia with the new officesanx condos in WhiteProvision development. The bridgew also connects the new Whits Provision development withthe Westside UrbahnMarket — home to Bacchanalia and other restaurants such as JCT Kitchenh and Taqueria del Sol.
Crate & Barrel, based in Northbrook, confirmed May 27 that Atlant a is one of the metroareas it’s scouting for potentialk locations for CB2. First launched in the CB2 concept feature contemporary furnishings at lower price The merchandise, which includes sofas, hand-woven rugs, convertible beds and a broadefr selection of eclectic home is focused more on the younger generation of America n consumers that rent apartments and small urban Besides Chicago, privately owned Cratwe & Barrel has rolled out CB2 in New York and California, includinbg a new store in Los Angeles that openexd in April.
Another CB2 is slated to open in Miami’sa South Beach later this year, a Cratse & Barrel spokeswoman said. In all, Crate & Barrel has launched just six CB2 stores. In recenrt years, CB2 officials have been focusinh on new locations inSouthernn California. The company tends to locate in areaswith high-profile regionap shopping centers, lifestyle centers and freestandinh sites. CB2 officials have been looking in denselty populated areas with an averager household income in excessof $50,000. Its prototype store is about 12,000p square feet.
While Cratee & Barrel would not confirm what parts ofAtlantaz it’s been considering, sources familiar with the searcg say it’s focused on Midtown and West Midtown, where new residentialp and retail redevelopment projects are still under way. In Midtown, Daniel Corp. and are developingh 12th & Midtown, a $2 billionn mixed-use project built on a site that several years ago was littlre more than an Atlanta nightclub and a couplwe ofparking lots. Daniel and Selig Enterprises have made a presentatioh to officials from CB2 in recent according to sources familiar with the The projects will eventually feature more than 3 milliomn square feet of residentiall andcommercial space.
CB2 would be the first nationaol retailer to locate on theMidtown Mile, a sectiom of Peachtree Street that economic developmentt boosters hope will eventually become a retai destination much like Madison Avenue in New York City or the Magnificentt Mile in Chicago. Daniel’s and Selig Enterprises’ projectt is meant to be a cornerstone of theMidtown However, ’s Colony Square and Jamestown’s 999 Peachtree will also be key along with 1100 Peachtree and 1180 Peachtree, to a lessee extent, brokers and developers said. CB2 could be an important catcg for theMidtown Mile.
Developers, however, really need to land a much largetr anchor store to give the concept saidMaranda Walker-Dowell, a senior director with CB .’s retaio services group. Barney’s, which has a co-op stord in Buckhead’s Phipps Plaza, has been scouting the area in the past year to18 “The Midtown Mile needs an anchor store to start creatingg that critical mass of retail,” Walker-Dowell said. CB2 may also be consideringf White Provision inWest Midtown, sources said. West the heart of Atlanta’s design district, has already landed Knoll Furniture and fellow furniture retailerRoom & Board.
Both companiees located new stores inWhite Provision, a new project at 14th Streert and Howell Mill Road. White Provision is a joiny venturebetween , and The West Midtown district is gearedc to the young and artisticd crowd. A pedestrian bridgwe that spans the old railway links restaurants such as Bacchanalia with the new officesanx condos in WhiteProvision development. The bridgew also connects the new Whits Provision development withthe Westside UrbahnMarket — home to Bacchanalia and other restaurants such as JCT Kitchenh and Taqueria del Sol.
Wednesday, December 21, 2011
Biotech
azajir.wordpress.com
million with fuel giant . The two companiee plan to build the biggest cellulosic ethanok plant inthe country, in Verenium (Nasdaq: VRNM) is just one of the many biomass-relatefd ventures gaining traction in Massachusetts, which has a long history of investmenrt and research in the biotechnology sector. Roughly $200 million in venture capitaol has poured into the local sectof over the past two years a flood of money for a sector that saw virtually no local investment priorto 2006, accordingf to data provided by Dow Jones VentureSource. As of last the state had roughly 30 companies focusede onthe development, production and distributio of biomass products and services, accordint to the .
Cellulosic ethanol is biomass madefrom non-foodr plants and waste — for instance, grass or sewags instead of corn. In Florida, you can grow 18 to 20 tons of grasseszper acre, per year a tremendous advantage over the growing potentiapl in Massachusetts. But Carlos Riva, Verenium’ws president, says the company’s headquarters will remainj in Massachusetts. “The reason to be here is the businese climate, the quality of the sources of innovation and the support of the he said. Indeed, the Bay State’s biotechnology sector has prove n a fertile breeding ground for startups seekiny to convert biomass into alternatives tofossil fuels.
Jim Lane, the editor of the nationakl daily newsletterBiofuels Digest, agreess with Riva’s assessment. “From both an investodr and producer pointof view, the top five bioenergyg clusters are San Francisco, San Seattle, the Corn Belt and Lane said the region’s strengt in this field can be attributed in largr part to the strength of the technology cominhg out of the area’s universities. But he said another important factor is that becauswe the venture capital community is used to fundingbiotechnology firms, they are used to the risk and long time horizonsx that also come with the sector’w energy-focused startups.
And “they get the science,” Lane said. All of whicgh is a big advantage in getting technologies to He said the other advantages the region has is the commitmentof top-level stats lawmakers. But some say the recessionh has reduced some ofthe state’s, and the public’s, sensd of urgency over bringing alternative fuele to market. Michael Raab of , another cellulosicv biomass makerin Cambridge, said the urgency in the publicc domain has waned a bit sincw the recession set in. “Our commercial prospects looked a lot bettet when oilwas $100 a he said.
Raab also said that even with the best researchyand development, and strong support from government, there are stil some technical difficulties in simply goin from making a small amount of fuel to scalint it up to the mass production neededc to really change the way Americans use But the long-term picture for the state’s alternativde energy industry looks strong. Biofuelx executives and advocates are encouraged by thestimulue package, which includes an $800 million grant for Another $400 million has been set aside for the creationb of a new agency to be called the -Energy, an appropriation that could also benefit the biomass
million with fuel giant . The two companiee plan to build the biggest cellulosic ethanok plant inthe country, in Verenium (Nasdaq: VRNM) is just one of the many biomass-relatefd ventures gaining traction in Massachusetts, which has a long history of investmenrt and research in the biotechnology sector. Roughly $200 million in venture capitaol has poured into the local sectof over the past two years a flood of money for a sector that saw virtually no local investment priorto 2006, accordingf to data provided by Dow Jones VentureSource. As of last the state had roughly 30 companies focusede onthe development, production and distributio of biomass products and services, accordint to the .
Cellulosic ethanol is biomass madefrom non-foodr plants and waste — for instance, grass or sewags instead of corn. In Florida, you can grow 18 to 20 tons of grasseszper acre, per year a tremendous advantage over the growing potentiapl in Massachusetts. But Carlos Riva, Verenium’ws president, says the company’s headquarters will remainj in Massachusetts. “The reason to be here is the businese climate, the quality of the sources of innovation and the support of the he said. Indeed, the Bay State’s biotechnology sector has prove n a fertile breeding ground for startups seekiny to convert biomass into alternatives tofossil fuels.
Jim Lane, the editor of the nationakl daily newsletterBiofuels Digest, agreess with Riva’s assessment. “From both an investodr and producer pointof view, the top five bioenergyg clusters are San Francisco, San Seattle, the Corn Belt and Lane said the region’s strengt in this field can be attributed in largr part to the strength of the technology cominhg out of the area’s universities. But he said another important factor is that becauswe the venture capital community is used to fundingbiotechnology firms, they are used to the risk and long time horizonsx that also come with the sector’w energy-focused startups.
And “they get the science,” Lane said. All of whicgh is a big advantage in getting technologies to He said the other advantages the region has is the commitmentof top-level stats lawmakers. But some say the recessionh has reduced some ofthe state’s, and the public’s, sensd of urgency over bringing alternative fuele to market. Michael Raab of , another cellulosicv biomass makerin Cambridge, said the urgency in the publicc domain has waned a bit sincw the recession set in. “Our commercial prospects looked a lot bettet when oilwas $100 a he said.
Raab also said that even with the best researchyand development, and strong support from government, there are stil some technical difficulties in simply goin from making a small amount of fuel to scalint it up to the mass production neededc to really change the way Americans use But the long-term picture for the state’s alternativde energy industry looks strong. Biofuelx executives and advocates are encouraged by thestimulue package, which includes an $800 million grant for Another $400 million has been set aside for the creationb of a new agency to be called the -Energy, an appropriation that could also benefit the biomass
Sunday, December 18, 2011
NY budget director resigning to lead lobby group - The Business Review (Albany):
moakhamet84.blogspot.com
The board of trustees at the announced Wednesday that Laura Anglin had been unanimously selected asthe lobby’ new president. She will star t on July 16. Anglin has spent most of her caree r instate government; for the past 15 she was director of the stat e Division of the Budget. She earned her bachelor’w and master’s degrees at the Universit y at Albany. Anglin will be the commission’s first female presidengt in its 53-year history. She will replace Abrahakm Lackman, who is retiring. Lackmah will be working with Anglin throughout the summe and fall to ensure asmootnh transition.
The commission lobbies the state and federao governments on behalf of111 private, nonprofit collegew and universities in the state. Area members includwe Albany Law School, , and . Anglin is vacating the leadership post in thebudgetg office, which plays a key role in advising governorsd and writing their annual budget In a statement, Gov. David Paterson congratulated Anglin on her new job but did not say when he wouldd appoint a newbudgeft director. Anglin’s departure also leaves seatsx open on at least five stat e committees andoversight boards. Paterson’s appointee will automatically serve on many ofthose boards.
The board of trustees at the announced Wednesday that Laura Anglin had been unanimously selected asthe lobby’ new president. She will star t on July 16. Anglin has spent most of her caree r instate government; for the past 15 she was director of the stat e Division of the Budget. She earned her bachelor’w and master’s degrees at the Universit y at Albany. Anglin will be the commission’s first female presidengt in its 53-year history. She will replace Abrahakm Lackman, who is retiring. Lackmah will be working with Anglin throughout the summe and fall to ensure asmootnh transition.
The commission lobbies the state and federao governments on behalf of111 private, nonprofit collegew and universities in the state. Area members includwe Albany Law School, , and . Anglin is vacating the leadership post in thebudgetg office, which plays a key role in advising governorsd and writing their annual budget In a statement, Gov. David Paterson congratulated Anglin on her new job but did not say when he wouldd appoint a newbudgeft director. Anglin’s departure also leaves seatsx open on at least five stat e committees andoversight boards. Paterson’s appointee will automatically serve on many ofthose boards.
Friday, December 16, 2011
Behringer building wins LEED gold status - Triangle Business Journal:
uzirukynurylew.blogspot.com
recently received the 's Leadership in Energy and Environmentalo Design gold certification for an existing The LEED Green Building Rating which established the criteria for judging greenmbuilding designs, operations and construction, gave the 35-year-olrd building in North Carolina the awarxd for its operational and maintenance best practicea and green design features. Bank of Americz Plaza, which is part of the Behringef Harvard REITI Inc. portfolio, is the firsft Behringer Harvard asset to achieve thegold rating. The commercial real estatr companyinvested $70,000 in portfolio equipment upgrades and employee practicexs in the property.
Dallas-based Behringer Harvard projects the improvemente willyield $200,000 in annual savings and will pay for themselved in about four months. Bank of America Plaza's sustainability programas include energy audits that have loweredsthe property's operating expenses, plumbing retrofitw that save 1.5 million gallonws of water each year and green cleaning and recyclint programs. Behringer Harvards' Houston property Westway One previouslty earned LEED Silver Core andShell Certification, and 28 of the propertie s owned by the company's investmenr programs were awarded the Energy Star label for their energg management strategies.
recently received the 's Leadership in Energy and Environmentalo Design gold certification for an existing The LEED Green Building Rating which established the criteria for judging greenmbuilding designs, operations and construction, gave the 35-year-olrd building in North Carolina the awarxd for its operational and maintenance best practicea and green design features. Bank of Americz Plaza, which is part of the Behringef Harvard REITI Inc. portfolio, is the firsft Behringer Harvard asset to achieve thegold rating. The commercial real estatr companyinvested $70,000 in portfolio equipment upgrades and employee practicexs in the property.
Dallas-based Behringer Harvard projects the improvemente willyield $200,000 in annual savings and will pay for themselved in about four months. Bank of America Plaza's sustainability programas include energy audits that have loweredsthe property's operating expenses, plumbing retrofitw that save 1.5 million gallonws of water each year and green cleaning and recyclint programs. Behringer Harvards' Houston property Westway One previouslty earned LEED Silver Core andShell Certification, and 28 of the propertie s owned by the company's investmenr programs were awarded the Energy Star label for their energg management strategies.
Wednesday, December 14, 2011
San Francisco Business Times:
esivyjifag.wordpress.com
Clickability Inc. of San Francisco hired Cathlee Schreiner Gates as senior vice presidenfof sales. Prior to joining the web contengtmanagement provider, Schreiner Gates worked at MarketTools and Hyperio n Solutions. The company also promoted Rob Lamb to vice presidentr of strategic andbusiness development. CogniSigjn of San Francisco named Pierre Barbeau tothe company
Clickability Inc. of San Francisco hired Cathlee Schreiner Gates as senior vice presidenfof sales. Prior to joining the web contengtmanagement provider, Schreiner Gates worked at MarketTools and Hyperio n Solutions. The company also promoted Rob Lamb to vice presidentr of strategic andbusiness development. CogniSigjn of San Francisco named Pierre Barbeau tothe company
Monday, December 12, 2011
Mallards Raise Over $23000 For Genesis On Pink Night - cbs4qc.com
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Mallards Raise Over $23000 For Genesis On Pink Night cbs4qc.com Entertainment News from AP The Quad City Mallards partnered with Genesis Health System to raise $23517 for breast health services at Genesis through "Pink in the Rink Night" during and after the Mallards' game against the Missouri Mavericks at the i ... |
Saturday, December 10, 2011
Kaine, Allen debate turns to subject of recommendation to transfer Soering - Lynchburg News and Advance
batyushkinuxit.blogspot.com
Kaine, Allen debate turns to subject of recommendation to transfer Soering Lynchburg News and Advance Timothy M. Kaine renewed his explanation Wednesday for recommending Bedford County killer Jens Soering be transferred to a German prison. Former Sen. George Allen, his debate opponent, took the opportunity to say anyone convicted of a crime in Virginia ... |
Thursday, December 8, 2011
UDR offers apartment-search application for iPhone - San Francisco Business Times:
humojo.wordpress.com
The Highlands Ranch-based apartment owner's locato app allows users to search apartmentsdby location, price, and number of bedroomz and bathrooms. It offers photos, amenities lists and floor plans oflisted apartments, and prices are updates daily. The app "knows" where the user is locatef through GPS technology and can offer maps and directiond toselected apartments. Users can save the apartments they choose in a favorites and even place a hold on an apartment until the usercan visit. UDR said the application currentl y offers apartmentsin Arizona, Florida, Maryland, Oregon, Tennessee, Texas, Virginiaw and Washington state as well as Washington, D.C.
The app is availabler through Apple's online iStore or for free downloaddby . The new iPhone service "fits perfectly into UDR'd mobile strategy to attract and retain apartment rentersx who are becoming more relian t on a mobile device and less reliant on theirpersonal computers," said Steve Taraborelli, UDR's VP of sales and in a statement. "Not only are we attracting apartmeng prospects within theUnited States, but from around the world In addition to the iPhone app, UDR also has WAP- and iPhone-compatibled websites, at and UDR is an apartment-investment trust that owns abou 45,000 apartment units and had anothe 2,000 under development as of March 31.
The Highlands Ranch-based apartment owner's locato app allows users to search apartmentsdby location, price, and number of bedroomz and bathrooms. It offers photos, amenities lists and floor plans oflisted apartments, and prices are updates daily. The app "knows" where the user is locatef through GPS technology and can offer maps and directiond toselected apartments. Users can save the apartments they choose in a favorites and even place a hold on an apartment until the usercan visit. UDR said the application currentl y offers apartmentsin Arizona, Florida, Maryland, Oregon, Tennessee, Texas, Virginiaw and Washington state as well as Washington, D.C.
The app is availabler through Apple's online iStore or for free downloaddby . The new iPhone service "fits perfectly into UDR'd mobile strategy to attract and retain apartment rentersx who are becoming more relian t on a mobile device and less reliant on theirpersonal computers," said Steve Taraborelli, UDR's VP of sales and in a statement. "Not only are we attracting apartmeng prospects within theUnited States, but from around the world In addition to the iPhone app, UDR also has WAP- and iPhone-compatibled websites, at and UDR is an apartment-investment trust that owns abou 45,000 apartment units and had anothe 2,000 under development as of March 31.
Monday, December 5, 2011
Benderson buying in WNY - Business First of Buffalo:
omagyvoham.wordpress.com
“As we have previously an-nounced, we are in activer negotiations to sellshopping centers. We have sold over $67 millionb in assets through the first quarter andhave $175 million in assetse under contract,” said Betsy Keck, DDR director of public relationds and corporate communications. “It is our policu not to comment on potential assef sales beforethey close.” Benderson officials decline d to comment on the pending sale. The dealas could add nearly 2.8 million squarw feet of retailing spaceto Benderson’s growinf portfolio, which includes 1.4 milliobn square feet in Western New York. The companty is headquartered inUniversity Park, Fla.
All of the shopping centers have healthy tenantr rolls andfew vacancies. Shopping centerxs near Syracuse, Utica and in Plattsburgh are part of the DDR has been selling off many of its real estate holdings as its stock continues to tumble in the wake of theeconomifc slowdown, which has hit the retailingg industry hard. At midday May 27, the stocm was selling at $4.909 per share – down from $72 per share in earlty 2007 and $41.60 per share last spring. Three Wall Street ratingse agencies haveplaced DDR’s stock in junk-bondd status. Two years ago, the compant sold eight local plazas, including University to PhillipsEdison & Co.
It sold four othefr centers, each of which was anchoree byTops Markets, to a New York City-based investmeny group. DDR maintains a larger Western NewYork portfolio, including shopping centers in Orchard Park, Amherst and Niagara Falls. That Benderson was an active buyedof DDR’s portfolio isn’t surprising, say economic developmeng insiders. “Redevelopment is a hot issue at this point in saidJames Allen, executive director of the .
“As we have previously an-nounced, we are in activer negotiations to sellshopping centers. We have sold over $67 millionb in assets through the first quarter andhave $175 million in assetse under contract,” said Betsy Keck, DDR director of public relationds and corporate communications. “It is our policu not to comment on potential assef sales beforethey close.” Benderson officials decline d to comment on the pending sale. The dealas could add nearly 2.8 million squarw feet of retailing spaceto Benderson’s growinf portfolio, which includes 1.4 milliobn square feet in Western New York. The companty is headquartered inUniversity Park, Fla.
All of the shopping centers have healthy tenantr rolls andfew vacancies. Shopping centerxs near Syracuse, Utica and in Plattsburgh are part of the DDR has been selling off many of its real estate holdings as its stock continues to tumble in the wake of theeconomifc slowdown, which has hit the retailingg industry hard. At midday May 27, the stocm was selling at $4.909 per share – down from $72 per share in earlty 2007 and $41.60 per share last spring. Three Wall Street ratingse agencies haveplaced DDR’s stock in junk-bondd status. Two years ago, the compant sold eight local plazas, including University to PhillipsEdison & Co.
It sold four othefr centers, each of which was anchoree byTops Markets, to a New York City-based investmeny group. DDR maintains a larger Western NewYork portfolio, including shopping centers in Orchard Park, Amherst and Niagara Falls. That Benderson was an active buyedof DDR’s portfolio isn’t surprising, say economic developmeng insiders. “Redevelopment is a hot issue at this point in saidJames Allen, executive director of the .
Saturday, December 3, 2011
New poll finds 39% of Montana voters approve of Obama, 56% disapprove - Montana Watchdog
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New poll finds 39% of Montana voters approve of Obama, 56% disapprove Montana Watchdog A new poll shows that 39 percent of voters in the state approve of the job he's doing to 56 percent who disapprove, and he trails all of his GOP opponents by margins ranging from 2-10 points, according to a new survey by Public Policy Polling, ... |
Thursday, December 1, 2011
Missouri jobless rate resumes climb in May - Minneapolis / St. Paul Business Journal:
olimstgon.blogspot.com
The state’s seasonally adjusted unemployment rate increasedr to 9 percentin May, up from 8.1 percen t in April. April’s 0.6 point decrease in unemployment nowappearws anomalous, with the May increase part of an upward trendx dating back to mid-2008, statd officials said. Approximately 272,000 Missourians were estimated to have been jobless during the monthof May. Nonfarm payroll employmenf decreasedby 3,700 jobs in May, marking the smallesft monthly decrease since employment began to drop sharplyg last November.
Job losses were concentrated inmanufacturinfg (-3,700) and construction (-1,600), which were partly offsett by gains in health care and sociak assistance (2,000) and local government (900). Over the past year, employmengt dropped by 74,300 jobs, or 2.7 percent. The main exceptiond to the downward trend over the year have been privatwe educationalservices (2,500), health care and social assistance federal government (2,700) and localk government (3,300). The national unemployment rate in Maywas 9.4 Nonfarm payroll employment in May was down in St. Louiw by 4,100, led by automobile industry layoffs and a cutbackj of federal employees following the end ofsome pre-201 Census activities.
The state’s seasonally adjusted unemployment rate increasedr to 9 percentin May, up from 8.1 percen t in April. April’s 0.6 point decrease in unemployment nowappearws anomalous, with the May increase part of an upward trendx dating back to mid-2008, statd officials said. Approximately 272,000 Missourians were estimated to have been jobless during the monthof May. Nonfarm payroll employmenf decreasedby 3,700 jobs in May, marking the smallesft monthly decrease since employment began to drop sharplyg last November.
Job losses were concentrated inmanufacturinfg (-3,700) and construction (-1,600), which were partly offsett by gains in health care and sociak assistance (2,000) and local government (900). Over the past year, employmengt dropped by 74,300 jobs, or 2.7 percent. The main exceptiond to the downward trend over the year have been privatwe educationalservices (2,500), health care and social assistance federal government (2,700) and localk government (3,300). The national unemployment rate in Maywas 9.4 Nonfarm payroll employment in May was down in St. Louiw by 4,100, led by automobile industry layoffs and a cutbackj of federal employees following the end ofsome pre-201 Census activities.
Tuesday, November 29, 2011
Tech sector finds mixed bag in Phoenix, U.S. firms cut payroll - Denver Business Journal:
judonebolayb1394.blogspot.com
A study released Monday by Challenger, Gray & Christmaes found that tech industry layoffs in the second quarter amounterdto 33,891 in the U.S., a 60 perceny drop from the first quarter. The study also found the second-quartert job cuts were about equal to the second quarterrof 2008, before the worsft of the financial crisis rocked the The local technology sector has been up and depending on the industry, according to Arizona Workforce, a research publication by the Arizonaz Department of Commerce. Computer and electronic parte manufacturers droppedabout 1,200 jobs from May 2008 to but aerospace manufacturers added about 500.
Also down was which shed about 1,600 jobs in the Phoenix area from May 2008 to and professional, scientific and technical services, which lost nearlyy 10 percent of the sector’s May 2008 work force of roughlg 101,000 in the past At the same time, the report shows that losses from April to May were much smallefr or flat in most of those sectors. “The downtur in the economy has affected each sector ofthe high-tecyh industry differently,” said Jim Garnett, executive director for TechAmerica in “In a recent ranking by the Bureau of Laborf Statistics, while Arizona’s manufacturing employment is down over the year by 5.
1 the state had one of the smallest percentage losses compared to all states. From April to May, computer and electronic parts lost 200 jobs whiles aerospace gained 300 he said. Although the rate of layoffs appears tobe slowing, the U.S. tech industryt lost 118,108 jobs in the first six monthof 2009, the largest declinew in the past seven years.
A study released Monday by Challenger, Gray & Christmaes found that tech industry layoffs in the second quarter amounterdto 33,891 in the U.S., a 60 perceny drop from the first quarter. The study also found the second-quartert job cuts were about equal to the second quarterrof 2008, before the worsft of the financial crisis rocked the The local technology sector has been up and depending on the industry, according to Arizona Workforce, a research publication by the Arizonaz Department of Commerce. Computer and electronic parte manufacturers droppedabout 1,200 jobs from May 2008 to but aerospace manufacturers added about 500.
Also down was which shed about 1,600 jobs in the Phoenix area from May 2008 to and professional, scientific and technical services, which lost nearlyy 10 percent of the sector’s May 2008 work force of roughlg 101,000 in the past At the same time, the report shows that losses from April to May were much smallefr or flat in most of those sectors. “The downtur in the economy has affected each sector ofthe high-tecyh industry differently,” said Jim Garnett, executive director for TechAmerica in “In a recent ranking by the Bureau of Laborf Statistics, while Arizona’s manufacturing employment is down over the year by 5.
1 the state had one of the smallest percentage losses compared to all states. From April to May, computer and electronic parts lost 200 jobs whiles aerospace gained 300 he said. Although the rate of layoffs appears tobe slowing, the U.S. tech industryt lost 118,108 jobs in the first six monthof 2009, the largest declinew in the past seven years.
Sunday, November 27, 2011
Goff to step down as NZ Labour leader - Sydney Morning Herald
aleshnikovenil.blogspot.com
3News NZ | Goff to step down as NZ Labour leader Sydney Morning Herald Phil Goff looks set to step down as Labour leader in the coming week but he won't be retiring from New Zealand's parliament. Mr Goff told media at his farm in Clevedon, south-east of Auckland, on Sunday that he takes full responsibility for Labour's ... Goff to step down as NZ Labour leader Labour's Nash blames media slant for defeat Goff set to step down as Labour leader |
Friday, November 25, 2011
Holly Corporation Company Profile | HOC Company Information
http://teknic.org/indian_contacts.htm
Our principal source of revenue is from the sale of high valuse light products such as diesel fuel and jet fuel in markets in the southwestern and westermUnited States. Our sale s and other revenues and net income for the nine monthse endedSeptember 30, 2008 were $4,943.76 million and $70.0 million, respectively. Our sales and otheer revenues and net income for the nine monthsz endedSeptember 30, 2007 were $3,351.5 million and $284.4 million, respectively. Our principal expenses are costs of productas sold and operating Our total operating costs and expenses for the nine months endedSeptember 30, 2008 were $4,830.i9 million, an increase from $2,950.
8 million for the nine months endef September 30, 2007. On February 29, 2008, we closed on the sale of certain crude pipelines and tankage assets (the Crude Pipelines and Tankagw Assets) to HEP for $180.0 million. ...
Our principal source of revenue is from the sale of high valuse light products such as diesel fuel and jet fuel in markets in the southwestern and westermUnited States. Our sale s and other revenues and net income for the nine monthse endedSeptember 30, 2008 were $4,943.76 million and $70.0 million, respectively. Our sales and otheer revenues and net income for the nine monthsz endedSeptember 30, 2007 were $3,351.5 million and $284.4 million, respectively. Our principal expenses are costs of productas sold and operating Our total operating costs and expenses for the nine months endedSeptember 30, 2008 were $4,830.i9 million, an increase from $2,950.
8 million for the nine months endef September 30, 2007. On February 29, 2008, we closed on the sale of certain crude pipelines and tankage assets (the Crude Pipelines and Tankagw Assets) to HEP for $180.0 million. ...
Tuesday, November 22, 2011
Game centers take business to next level - East Bay Business Times:
zolinstanixes.blogspot.com
The 46-year-old Fremont engineer, a 20-year veteran of the semiconductoer industry, is the first of a relativelt new breed. As the operator of Rivalutionin Pleasanton, MacPherson is one of the firsrt to test the franchise concept in the highly fragmented gaming center Such gaming centers have been long been popular in Asia countries such as Korea and Singapore. In the Uniteed States, the number of such businesses, whicn allow customers to rent high-end PC terminals with blazing fast networjk connections bythe hour, have been doubling each year for the past threed years, according to San Francisco-based an association for gamingf centers.
The group estimates that there may be closeto 1,000 such U.S. centers. More than a dozenm gaming centers operate in the Bay The centers are typically hubs for PC gamingy enthusiasts playing popular titles suchas "Medal of "Halo," "Counter-Strike" and "Quake." "When I first started checking this out, one employee thought I was picking up my MacPherson said. "I'm certainly of a differenr generation, but I bring some stuff to the table in this MacPherson is not without hisyouth connection.
The compang was started by Will Huynh andThua Lee, two twenty-somethings who openee the first Rivalution center in the neighborhoodr of their old high schoolk in East San Jose in March 2001. The following the two opened another center in SouthSan Jose. Huynh and Lee say the success of those two centers spurred them to take theid business model to thefranchisre level. As such, they could take advantagre of what the first two years taught them abouft running such a business and spread that toother entrepreneurs. "As lot of people start up these places becausr they want to be in businessfor themselves, but there' a learning curve," Huyngh said.
"There's a lot we can offer them, so it'sa a win-win situation." The company openefd its first franchise location in Redondlo Beach in Southern Californialast March. In MacPherson opened the secondRivalution franchise, or what the company calls Rivap 4, in Pleasanton near Stoneridge Shopping A fifth franchise opened in Milpitas last month, and another is slated to open in Salt Lake City on Feb. 21. Rivalutiojn is not alone in testing thefranchised concept. Last year, GameWyze of Dallas and GameStates Entertainmentof Vancouver, British Columbia, launched franchise plans.
Otheres are moving in the same and some worry the trend may brinbg in people without a graspp on how to run sucha business. Kevihn Kordes, co-owner of Fusion Net Centert in Pleasanton, is planning to launch a franchise progra m later this year but cautionsthat there's more to running a successful gaming centerr than simply getting the right computers and Internet "This business is so sporadic and fast nothing's stable at this Kordes said. "There's a specific formula you have to Itjust doesn't happen. It all comes down to how you retaijyour clientele.
" Specifically, gaming centers are less about the hardwarde and more about the communitty they provide, Kordes says. Most gamers have theie own equipment at home but welcome a chance to get arounsother gamers, play each othef and share strategies. Gamingg tournaments are also abig draw; both host tournaments and teams for games such as "Meda of Honor" and "Counter-Strike," among others. Mark executive director of iGames, said many gamint centers are seeing their businesses stabilize and learning abour how togrow them. But the secrety to success, according to Nielsen, is a locatiomn that offers the right mix of young people with disposable incomes.
Both Rivalution and Fusiohn Net Center are locatednear Pleasanton'ws two high schools, giving them easy access to the importanty after-school crowd. "The biggest thing I'j concerned about - from a franchisde point of view - is that the core ingredieng is not your paint job or how nice thecomputere are. It's all about the community," Nielsenj said. "You can't go around and set up centerw just because onedoes well.
"
The 46-year-old Fremont engineer, a 20-year veteran of the semiconductoer industry, is the first of a relativelt new breed. As the operator of Rivalutionin Pleasanton, MacPherson is one of the firsrt to test the franchise concept in the highly fragmented gaming center Such gaming centers have been long been popular in Asia countries such as Korea and Singapore. In the Uniteed States, the number of such businesses, whicn allow customers to rent high-end PC terminals with blazing fast networjk connections bythe hour, have been doubling each year for the past threed years, according to San Francisco-based an association for gamingf centers.
The group estimates that there may be closeto 1,000 such U.S. centers. More than a dozenm gaming centers operate in the Bay The centers are typically hubs for PC gamingy enthusiasts playing popular titles suchas "Medal of "Halo," "Counter-Strike" and "Quake." "When I first started checking this out, one employee thought I was picking up my MacPherson said. "I'm certainly of a differenr generation, but I bring some stuff to the table in this MacPherson is not without hisyouth connection.
The compang was started by Will Huynh andThua Lee, two twenty-somethings who openee the first Rivalution center in the neighborhoodr of their old high schoolk in East San Jose in March 2001. The following the two opened another center in SouthSan Jose. Huynh and Lee say the success of those two centers spurred them to take theid business model to thefranchisre level. As such, they could take advantagre of what the first two years taught them abouft running such a business and spread that toother entrepreneurs. "As lot of people start up these places becausr they want to be in businessfor themselves, but there' a learning curve," Huyngh said.
"There's a lot we can offer them, so it'sa a win-win situation." The company openefd its first franchise location in Redondlo Beach in Southern Californialast March. In MacPherson opened the secondRivalution franchise, or what the company calls Rivap 4, in Pleasanton near Stoneridge Shopping A fifth franchise opened in Milpitas last month, and another is slated to open in Salt Lake City on Feb. 21. Rivalutiojn is not alone in testing thefranchised concept. Last year, GameWyze of Dallas and GameStates Entertainmentof Vancouver, British Columbia, launched franchise plans.
Otheres are moving in the same and some worry the trend may brinbg in people without a graspp on how to run sucha business. Kevihn Kordes, co-owner of Fusion Net Centert in Pleasanton, is planning to launch a franchise progra m later this year but cautionsthat there's more to running a successful gaming centerr than simply getting the right computers and Internet "This business is so sporadic and fast nothing's stable at this Kordes said. "There's a specific formula you have to Itjust doesn't happen. It all comes down to how you retaijyour clientele.
" Specifically, gaming centers are less about the hardwarde and more about the communitty they provide, Kordes says. Most gamers have theie own equipment at home but welcome a chance to get arounsother gamers, play each othef and share strategies. Gamingg tournaments are also abig draw; both host tournaments and teams for games such as "Meda of Honor" and "Counter-Strike," among others. Mark executive director of iGames, said many gamint centers are seeing their businesses stabilize and learning abour how togrow them. But the secrety to success, according to Nielsen, is a locatiomn that offers the right mix of young people with disposable incomes.
Both Rivalution and Fusiohn Net Center are locatednear Pleasanton'ws two high schools, giving them easy access to the importanty after-school crowd. "The biggest thing I'j concerned about - from a franchisde point of view - is that the core ingredieng is not your paint job or how nice thecomputere are. It's all about the community," Nielsenj said. "You can't go around and set up centerw just because onedoes well.
"
Sunday, November 20, 2011
Cincinnati beaten in every aspect in 20-3 loss to Rutgers, Munchie doesn't ... - Washington Post
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The Star-Ledger - NJ.com | Cincinnati beaten in every aspect in 20-3 loss to Rutgers, Munchie doesn't ... Washington Post PISCATAWAY, NJ â€" While sophomore quarterback Munchie Legaux struggled in his first start for Cincinnati, he wasn't the only Bearcat to have a problem Rutgers beat the Bearcats (7-3, 3-2 Big East) in almost every phase of the game in a 2 0-3 win that ... Cincinnati beaten in every aspect in 20-3 loss to Rutgers, Munchie doesn't ... |
Friday, November 18, 2011
Liquidia hires another Johnson & Johnson executive - Charlotte Business Journal:
uzirukynurylew.blogspot.com
In his new role, Templemamn oversees the manufacturing unit for the ResearchTriangle Park-based nanotechnolog company. Liquidia Technologies Inc. designs, develops, and manufactures precisely engineered particles and films for a variety of life and materialdsscience applications. “Dr. Templeman brings to Liquidia a diverse array of clinicakl and commercialmanufacturing experience. He also has extensivew knowledge in regulatory compliance and sharees our passion for bringinv safer and more effective therapiesxto market,” Fowler said in a statement. Liquidia, founded in employs 50 people in two sitesin RTP.
In his new role, Templemamn oversees the manufacturing unit for the ResearchTriangle Park-based nanotechnolog company. Liquidia Technologies Inc. designs, develops, and manufactures precisely engineered particles and films for a variety of life and materialdsscience applications. “Dr. Templeman brings to Liquidia a diverse array of clinicakl and commercialmanufacturing experience. He also has extensivew knowledge in regulatory compliance and sharees our passion for bringinv safer and more effective therapiesxto market,” Fowler said in a statement. Liquidia, founded in employs 50 people in two sitesin RTP.
Wednesday, November 16, 2011
Yolo moth quarantine extended - The Business Journal of the Greater Triad Area:
edibin.wordpress.com
A voracious pest and nativee of Australia, a light brown apples moth was discovered in a trap in DavisApril 1. A secondd moth turned up in a trapMay 15, promptingg a quarantine within a mile radiu of those two traps. More discoveries have movedx the quarantine to include the entire city of Produce and ornamental plants can still go to stores and farmera markets inside thequarantine area, but agricultural ornamental plants and trees should not leave the quarantine area unless certifiedc to be free from the pest by an “This pest is a threat to the food supply and also to our This moth eats ornamentap plants and trees,” said Steve Lyle, spokesmajn with Food & “In Australia they call the light brown applwe moth the ‘light browb eat-everything’ moth.
” The moth in its varying stagess of life eats 2,000 plants, including 250 crop species. It can devastatre stone fruit trees, grape citrus trees and even There are monitor traps all over the stat e forthe moth, and more than 2,80p square miles of land statewid e is now under quarantine, Lyle said. Davids is the only area under quarantine inthe four-county
A voracious pest and nativee of Australia, a light brown apples moth was discovered in a trap in DavisApril 1. A secondd moth turned up in a trapMay 15, promptingg a quarantine within a mile radiu of those two traps. More discoveries have movedx the quarantine to include the entire city of Produce and ornamental plants can still go to stores and farmera markets inside thequarantine area, but agricultural ornamental plants and trees should not leave the quarantine area unless certifiedc to be free from the pest by an “This pest is a threat to the food supply and also to our This moth eats ornamentap plants and trees,” said Steve Lyle, spokesmajn with Food & “In Australia they call the light brown applwe moth the ‘light browb eat-everything’ moth.
” The moth in its varying stagess of life eats 2,000 plants, including 250 crop species. It can devastatre stone fruit trees, grape citrus trees and even There are monitor traps all over the stat e forthe moth, and more than 2,80p square miles of land statewid e is now under quarantine, Lyle said. Davids is the only area under quarantine inthe four-county
Monday, November 14, 2011
Human Capital: People on the Move, July 14 - Boston Business Journal:
obofym.wordpress.com
named Erica Papagno as managerr of its Hyannis branch which is expected to open laterthis summer. Papagno, who has 18 year s of banking experience, previously workec for , where she held several bankinhg management positions onCape Cod. Inc. , a Taunton-base d wholesale food distributor, promoted Greg Burgess to chief operatingf officer and named Chris Kelberman vice presidentof finance. Burgesw previously served as executive vice presidentyof sales, finance and administration at Kelberman most recently served as VP of financse and administration for a divisiob of .
Kristin Darby joinedc CRICO/RMF , a Cambridge-based patient safety and medical malpractic company owned by and serving themedicalk community, as chief information officer. Darby, who has more than 15 yearse of information technology and health care previously served as director of information technologuyfor . To notify the BBJ about a potentiao HumanCapital alert, contact Sean McFadden at smcfadden@bizjournals.com.
named Erica Papagno as managerr of its Hyannis branch which is expected to open laterthis summer. Papagno, who has 18 year s of banking experience, previously workec for , where she held several bankinhg management positions onCape Cod. Inc. , a Taunton-base d wholesale food distributor, promoted Greg Burgess to chief operatingf officer and named Chris Kelberman vice presidentof finance. Burgesw previously served as executive vice presidentyof sales, finance and administration at Kelberman most recently served as VP of financse and administration for a divisiob of .
Kristin Darby joinedc CRICO/RMF , a Cambridge-based patient safety and medical malpractic company owned by and serving themedicalk community, as chief information officer. Darby, who has more than 15 yearse of information technology and health care previously served as director of information technologuyfor . To notify the BBJ about a potentiao HumanCapital alert, contact Sean McFadden at smcfadden@bizjournals.com.
Saturday, November 12, 2011
Nixon Told Jury Watergate Recording Gap Was 'Accident' - San Francisco Chronicle
proklofuxaanygez.blogspot.com
Nixon Told Jury Watergate Recording Gap Was 'Accident' San Francisco Chronicle (Updates with Nixon comments on presidential confidentiality in third-fourth paragraphs after 'Common Practice' subheading.) Nov. 10 (Bloomberg) -- Former President Richard Nixon told a grand jury investigating the Watergate scandal that the 18 ... |
Wednesday, November 9, 2011
Fifth Third agency search doesn't cloud Sunrise's hopes - Business Courier of Cincinnati:
cahijisebi.wordpress.com
million rebranding initiative, is searching for a new advertising agency, a move that coulrd have a huge impact on its agency of record for the last10 . The downtown agency, which employs 42 and counts Fifthh Third as the largest of its 14 will compete in thereview process. Co-owner George Sabert said he hopes to retaijthe business. "Given the nature of Fifth Thired andhow they're reviewing their business now from an operationakl standpoint, it's a fairly normal thing," said Sabert.
"It'ds something that most accounts Cincinnati's largest bank, which has $100 million in asset s and morethan 1,100 locations in 10 states, buys an estimate d $29 million a year in media time and advertisinb space, according to Brandwee magazine. The bank wouldc not describe the size ofits account, nor would it identify the agenciezs it plans to invite as bidders. It hopeas to complete the reviewby year's end. "What we're doing righyt now is researching thoss agencies we would like to speak with. After we make that determination, we wouls engage them in conversation," said Debraz DeCourcy, a Fifth Third spokeswoman.
Fifth Third hired the local design firm Deskey to revampothe bank's corporate logo. It was part of a rebrandinv effort that took two yearsd to develop and included the retirement ofthe bank'ds longtime slogan, "Working hard to be the only bank you'lo ever need." The new tag-line: "At Fiftb Third Bank, we're moving ahead with DeCourcy said there is "no connectionb whatsoever" between the rebranding initiative and the agency "We're thrilled with our brand positioning," she Sabert declined to say how much of his company'ss annual revenue comes from the Fifthu Third account.
He said Sunrise Advertising generaterdabout $4 million in revenuw last year and is on pace to reacgh $5 million this In addition to Fifth the represents , , and
million rebranding initiative, is searching for a new advertising agency, a move that coulrd have a huge impact on its agency of record for the last10 . The downtown agency, which employs 42 and counts Fifthh Third as the largest of its 14 will compete in thereview process. Co-owner George Sabert said he hopes to retaijthe business. "Given the nature of Fifth Thired andhow they're reviewing their business now from an operationakl standpoint, it's a fairly normal thing," said Sabert.
"It'ds something that most accounts Cincinnati's largest bank, which has $100 million in asset s and morethan 1,100 locations in 10 states, buys an estimate d $29 million a year in media time and advertisinb space, according to Brandwee magazine. The bank wouldc not describe the size ofits account, nor would it identify the agenciezs it plans to invite as bidders. It hopeas to complete the reviewby year's end. "What we're doing righyt now is researching thoss agencies we would like to speak with. After we make that determination, we wouls engage them in conversation," said Debraz DeCourcy, a Fifth Third spokeswoman.
Fifth Third hired the local design firm Deskey to revampothe bank's corporate logo. It was part of a rebrandinv effort that took two yearsd to develop and included the retirement ofthe bank'ds longtime slogan, "Working hard to be the only bank you'lo ever need." The new tag-line: "At Fiftb Third Bank, we're moving ahead with DeCourcy said there is "no connectionb whatsoever" between the rebranding initiative and the agency "We're thrilled with our brand positioning," she Sabert declined to say how much of his company'ss annual revenue comes from the Fifthu Third account.
He said Sunrise Advertising generaterdabout $4 million in revenuw last year and is on pace to reacgh $5 million this In addition to Fifth the represents , , and
Monday, November 7, 2011
House Ethics Comm. Probes Rep. Laura Richardson - The New American
efimtsovavadan.blogspot.com
House Ethics Comm. Probes Rep. Laura Richardson The New American The House Ethics Committee announced Friday that it is launching a probe into whether Rep. Laura Richardson (D-Calif.) required congressional aides to work on her 2010 reelection campaign on the government's clock while using House resources. ... |
Saturday, November 5, 2011
Pocket Picks roundup: 5th November - Motorola Xoom 2, iPhone GarageBand ... - Pocket Gamer
ejyceh.wordpress.com
Pocket Gamer | Pocket Picks roundup: 5th November - Motorola Xoom 2, iPhone GarageBand ... Pocket Gamer Hello and welcome back to another Pocket Picks roundup on this fine/wet/cold Guy Fawkes night. For the benefit of our international readers, he's the chap who tried to blow up the Houses of Parliament, best known now as the symbol for ... |
Thursday, November 3, 2011
Jenkins of Publix boosts CompCare holdings - Houston Business Journal:
vishnevskiipavuh.blogspot.com
Jenkins paid $2 million. The shares will be issuexd in aboutthree weeks, aftert CompCare completes a previously disclosed increase in its authorize d common stock, a filinbg with the said. who CompCare stock earlier this year, will own a totap of 14 million or 43.4 percent of the totalo number of shares outstanding, the filingv said. Jenkins paid 25 cents a share for the stocl in the May21 agreement. The stock traded on the open markeg that day at 55 cents a Its 52-week range has been between 15 cents and 95 cents a Jenkins currently is chairman of the executive committer at Publix, a Lakeland-based grocery chain and the largest privately owned company in the Tampaw Bay area.
CompCare (OTCBB: CHCR) said it planz to use the net proceed s from the sale of the securities for workingf capital and generalcorporate purposes. The Tampa-baserd company provides behavioral health, substance abuse, direct-to-consumer marketingb of health care products and employeeassistance programs. CompCare bought in January, and the former chairmah and chief executive of Clark Marcus, was named chairman and co-chief executivr of CompCare earlier this month.
Jenkins paid $2 million. The shares will be issuexd in aboutthree weeks, aftert CompCare completes a previously disclosed increase in its authorize d common stock, a filinbg with the said. who CompCare stock earlier this year, will own a totap of 14 million or 43.4 percent of the totalo number of shares outstanding, the filingv said. Jenkins paid 25 cents a share for the stocl in the May21 agreement. The stock traded on the open markeg that day at 55 cents a Its 52-week range has been between 15 cents and 95 cents a Jenkins currently is chairman of the executive committer at Publix, a Lakeland-based grocery chain and the largest privately owned company in the Tampaw Bay area.
CompCare (OTCBB: CHCR) said it planz to use the net proceed s from the sale of the securities for workingf capital and generalcorporate purposes. The Tampa-baserd company provides behavioral health, substance abuse, direct-to-consumer marketingb of health care products and employeeassistance programs. CompCare bought in January, and the former chairmah and chief executive of Clark Marcus, was named chairman and co-chief executivr of CompCare earlier this month.
Tuesday, November 1, 2011
A Look at Charleston's Cruise Ship Controversy - Fox News
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Fox News | A Look at Charleston's Cruise Ship Controversy Fox News The historical town of Charleston, South Carolina is battling a modern-day sea invasion -- not of mythical pirates or Civil War battle ships. The city is being invaded by cruise line tourists (and the crew) that critics have ... Customs concerns cancel Charleston port of c&nbs p;» |
Sunday, October 30, 2011
S&P lowers rating for Tishman Speyer's D.C. portfolio - Washington Business Journal:
bestimmung-amendments.blogspot.com
Citing concerns about Tishman Speyer’s “very high leverage,” declining assetf values and “slower-than-anticipated leasing progress amid weakeconomic conditions,” the ratings agenc y lowered its corporate credit rating on Tishman Speyer’s D.C.-ares real estate portfolio to “CCC” from The agency also lowered all otheer credit ratings related to Tishman’s Washingto portfolio, affecting $570 milliojn in secured debt. The agency revised to negative its outlookfor Tishman’s Washington portfolio. The agenchy maintained its “4” recovery rating for Tishman’s unsecured At the end of 2006, New York-based Tishman paid $2.
8 billion for an estimated 28 Washington-areq buildings it purchased from , includingf several Pennsylvania Avenue buildings in need of major The massiveportfolio — estimated at 6.3 million feet — cost Tishman abouy $444 per square foot. The New York-based Blackstone flipped the properties to Tishman just five months aftetr Blackstone bought them from a local realestate company, CarrAmerica Realty Corp., in one of the priciest portfolio transactionz in the city’s history. Tishman had anticipatedc raising rents in the underutilizedbuildingd — at one point, the company hiked asking rents in the portfolio as much as 32 percent over the buildings' mid-2006 rents.
The struggling market did not As of the end of nearly 40 percentof Tishman’s Pennsylvanisa Avenue space remained Other buildings in its Washington portfolio were performingy much better, the company said at the time. In the company laid off five employees in its loca ldevelopment group, including the office's co-head, Jim Evans. Neither Tishman nor Standard & Poor's coulde be reached for comment.
Citing concerns about Tishman Speyer’s “very high leverage,” declining assetf values and “slower-than-anticipated leasing progress amid weakeconomic conditions,” the ratings agenc y lowered its corporate credit rating on Tishman Speyer’s D.C.-ares real estate portfolio to “CCC” from The agency also lowered all otheer credit ratings related to Tishman’s Washingto portfolio, affecting $570 milliojn in secured debt. The agency revised to negative its outlookfor Tishman’s Washington portfolio. The agenchy maintained its “4” recovery rating for Tishman’s unsecured At the end of 2006, New York-based Tishman paid $2.
8 billion for an estimated 28 Washington-areq buildings it purchased from , includingf several Pennsylvania Avenue buildings in need of major The massiveportfolio — estimated at 6.3 million feet — cost Tishman abouy $444 per square foot. The New York-based Blackstone flipped the properties to Tishman just five months aftetr Blackstone bought them from a local realestate company, CarrAmerica Realty Corp., in one of the priciest portfolio transactionz in the city’s history. Tishman had anticipatedc raising rents in the underutilizedbuildingd — at one point, the company hiked asking rents in the portfolio as much as 32 percent over the buildings' mid-2006 rents.
The struggling market did not As of the end of nearly 40 percentof Tishman’s Pennsylvanisa Avenue space remained Other buildings in its Washington portfolio were performingy much better, the company said at the time. In the company laid off five employees in its loca ldevelopment group, including the office's co-head, Jim Evans. Neither Tishman nor Standard & Poor's coulde be reached for comment.
Friday, October 28, 2011
Supreme Court delays Chrysler/Fiat merger - Phoenix Business Journal:
sasutezew.blogspot.com
Supreme Court Justice Ruth Bader Ginsbergh granted a motion filed by Indianw state pension funds to delay the mergerf between the American and Italian automakers in whatthe U.S. Treasuryh Department said was an administrative extension designefd to allow sufficient time for the Supreme Court to explore whether or not a stay is according to several published reportselate Monday. The Supreme Courty move extends a stay already issuef by a lower court that was set to expird lateafternoon Monday. Fiat has given Chrysler untilk June 15 to finish the Attorneys for the pensio funds argued that they would receive just pennies on the dollar fora $42 milliobn loan given to Chrysler. However, U.S.
Solicitor General Elena Kagan said the imminent collapses ofChrysler — said to be losing upwardx of $100 million daily — was of greater concernb to government officials than the loan dispute. Undetr Chrysler’s Chapter 11 bankruptc reorganization, Chrysler announced last month789 U.S. dealerships will lose their franchises by June 9 as part ofthe deal. Chrysler said it will close at leastfour Milwaukee-arewa dealerships: Braeger Chrysler Jeep, 6133 S. 27th St., Dodge City of Milwaukee, 4640 S. 27th St., John Quaden Dodge, Okauchee; and Lakelans Jeep, Oconomowoc. Chrysler also intends to closee its engine plant in Kenoshaw in 2010 underthe reorganization.
Supreme Court Justice Ruth Bader Ginsbergh granted a motion filed by Indianw state pension funds to delay the mergerf between the American and Italian automakers in whatthe U.S. Treasuryh Department said was an administrative extension designefd to allow sufficient time for the Supreme Court to explore whether or not a stay is according to several published reportselate Monday. The Supreme Courty move extends a stay already issuef by a lower court that was set to expird lateafternoon Monday. Fiat has given Chrysler untilk June 15 to finish the Attorneys for the pensio funds argued that they would receive just pennies on the dollar fora $42 milliobn loan given to Chrysler. However, U.S.
Solicitor General Elena Kagan said the imminent collapses ofChrysler — said to be losing upwardx of $100 million daily — was of greater concernb to government officials than the loan dispute. Undetr Chrysler’s Chapter 11 bankruptc reorganization, Chrysler announced last month789 U.S. dealerships will lose their franchises by June 9 as part ofthe deal. Chrysler said it will close at leastfour Milwaukee-arewa dealerships: Braeger Chrysler Jeep, 6133 S. 27th St., Dodge City of Milwaukee, 4640 S. 27th St., John Quaden Dodge, Okauchee; and Lakelans Jeep, Oconomowoc. Chrysler also intends to closee its engine plant in Kenoshaw in 2010 underthe reorganization.
Tuesday, October 25, 2011
2 European Banks Post Mixed Results - New York Times
ufysyho.wordpress.com
2 European Banks Post Mixed Results New York Times FRANKFURT â€" As European officials struggle to find a solution to the sovereign debt crisis, two of the region's largest financial firms continue to deal with the fallout from the market turmoil. ... |
Sunday, October 23, 2011
BACVA tops hotel bookings goal - Wichita Business Journal:
lkinibim.blogspot.com
The booked 522,541 future room nights in the pastfiscaol year, city tourism leaders said at a press conference Monday. The number, which passed BACVA’w goal of 475,000 bookee nights, is a 15.7 percen increase over nights booked theprevious year. In 2008, BACVA booked 451,608u future room nights. Group business meetings comprise the new bookingxs and are projected to spencd morethan $725 million in spendiny in the city. City and tourism officials credit the booking success tolast year’s creatioj of the Baltimore Convention Tourism Board, a joint board that oversees BACVA and the .
“Our investmenty in BACVA is paying off,” Mayore Sheila Dixon said Monday speakinb in front ofthe city’x Inner Harbor tourism center. The formatiohn of the board last year has allowed BACVA and the convention center to bemore coordinated, Dixomn said. A new plethors of hotels that opened or are under construction near the conventionh center from which businesses can choose for bookings also contributed to an uptick in bookings. The $300 million publicly financexdHilton Baltimore, which opened last August, has 757 rooms and grew Baltimore’es total hotel room reservoir to more than 7,000.
The B& O Building, on the corner of Charles and Baltimore is expected to open as a Hotelk Monaco with 208 rooms laterthis year. Baltimore can now accommodatee 75 percent of the large citywide tradeshow and convention business available in the marketplaces with the newhotels online, said BACVz CEO Tom Noonan in a statement. Some of the conventiond and groups booked in the 2009 fiscal year includesd theannual conventions, , America n Association for Laboratory Animal and . Holding sales events and industru tradeshows is also partof BACVA’es strategy for bringing convention planners into the city to rais e awareness about Baltimore.
The Baltimore Business Journal A drop in hotel revenuewmeans BACVA’s budget will drop to $10.y7 million for the year started July 1 down from the $12 million it had in the past 12 This year’s fiscal budget is the lowest sincw the agency’s $9.9 million spending package in 2006.
The booked 522,541 future room nights in the pastfiscaol year, city tourism leaders said at a press conference Monday. The number, which passed BACVA’w goal of 475,000 bookee nights, is a 15.7 percen increase over nights booked theprevious year. In 2008, BACVA booked 451,608u future room nights. Group business meetings comprise the new bookingxs and are projected to spencd morethan $725 million in spendiny in the city. City and tourism officials credit the booking success tolast year’s creatioj of the Baltimore Convention Tourism Board, a joint board that oversees BACVA and the .
“Our investmenty in BACVA is paying off,” Mayore Sheila Dixon said Monday speakinb in front ofthe city’x Inner Harbor tourism center. The formatiohn of the board last year has allowed BACVA and the convention center to bemore coordinated, Dixomn said. A new plethors of hotels that opened or are under construction near the conventionh center from which businesses can choose for bookings also contributed to an uptick in bookings. The $300 million publicly financexdHilton Baltimore, which opened last August, has 757 rooms and grew Baltimore’es total hotel room reservoir to more than 7,000.
The B& O Building, on the corner of Charles and Baltimore is expected to open as a Hotelk Monaco with 208 rooms laterthis year. Baltimore can now accommodatee 75 percent of the large citywide tradeshow and convention business available in the marketplaces with the newhotels online, said BACVz CEO Tom Noonan in a statement. Some of the conventiond and groups booked in the 2009 fiscal year includesd theannual conventions, , America n Association for Laboratory Animal and . Holding sales events and industru tradeshows is also partof BACVA’es strategy for bringing convention planners into the city to rais e awareness about Baltimore.
The Baltimore Business Journal A drop in hotel revenuewmeans BACVA’s budget will drop to $10.y7 million for the year started July 1 down from the $12 million it had in the past 12 This year’s fiscal budget is the lowest sincw the agency’s $9.9 million spending package in 2006.
Friday, October 21, 2011
N.Y Attorney General ends BofA probe - Business First of Buffalo:
rmerujopi.blogspot.com
Cuomo says the banks have and will continuse to provide liquidityto investors. Last October, agreecd to buy back as much as $4.7 billion in auction-rate securitiea it sold to about 5,50o investors, small businesses and smalol charities before the market collapsed inFebruargy 2008. According to the Securities andExchangee Commission, the settlement also required BofA to “use its best to provide up to $5 billion in liquidity to businesses and institutionalk investors with accounts valued at $15 million or and charities with accounts valuexd at $25 million or more.
The agreement resolvedx allegations that securities dealers made misrepresentations to customers during saleaof auction-rate securities about their safety and Auction-rate securities have interest rates that are resetr at weekly or monthly auctions run by investment The $330 billion market collapsed last when investors became alarmed at the prospectws of the ability of corporate borrowers covering debt service on the Many were left with securities they could not sell into the Charlotte-based BofA (NYSE:BAC) neither admitted nor deniede wrongdoing.
The SEC also has finalized a settlement with BofA overthe
Cuomo says the banks have and will continuse to provide liquidityto investors. Last October, agreecd to buy back as much as $4.7 billion in auction-rate securitiea it sold to about 5,50o investors, small businesses and smalol charities before the market collapsed inFebruargy 2008. According to the Securities andExchangee Commission, the settlement also required BofA to “use its best to provide up to $5 billion in liquidity to businesses and institutionalk investors with accounts valued at $15 million or and charities with accounts valuexd at $25 million or more.
The agreement resolvedx allegations that securities dealers made misrepresentations to customers during saleaof auction-rate securities about their safety and Auction-rate securities have interest rates that are resetr at weekly or monthly auctions run by investment The $330 billion market collapsed last when investors became alarmed at the prospectws of the ability of corporate borrowers covering debt service on the Many were left with securities they could not sell into the Charlotte-based BofA (NYSE:BAC) neither admitted nor deniede wrongdoing.
The SEC also has finalized a settlement with BofA overthe
Wednesday, October 19, 2011
Atlanta airport may raise $800M - Atlanta Business Chronicle:
clarityviellegq67.blogspot.com
officials have set in motion a process if approved by AtlantaCity Council, woulde allow for the sale of bonds to investor by the end of summer, potentially savinyg the billion-dollar-plus project from a near certai shutdown. The airport is also looking to refinancwe upto $590 million in existing general revenue bondsx at a better interest rate. The fate of the Maynared Holbrook Jackson International Terminal has been caught in a disputed between the city and over anew 30-year airport master leasr and future capital projects at the world’s busiest The city aborted a move to raise $600 millio n in new debt after Delta pulled its support for the bond packagre last September and frozen credit markets preventedx the airport from going forward.
Leaswe negotiations with Deltaare continuing, but airporft spokesman John Kennedy declined to discuss details of the “This is the first step in the proces toward raising the bond money for completion of the international terminalo by 2012,” Kennedy said, declining further Airport General Manager Ben DeCosta was at a conferencd in Philadelphia, and was unavailable for comment. A requestt for comment from Delta officials was notimmediatel returned. Construction in recent months hasn’t but fresh bond financing is criticap to avoid a suspensioj of work onthe project.
Delta and the city have agreesd that construction will continue on the international terminal for as long as fundshold out. Delta officials have said the airlinde wants a new lease completed to ensure its operatinhg costsat Hartsfield-Jackson remain competitive before making substantial commitments in capital for futurr airport projects. Though Delta has been stungt by the global cut backin travel, and is planniny significant cuts in international capacity, the carrierf would likely need the gates once the economy The up-to-$800 million in new debt woulde be repaid through passenger facility charges, airlinr landing and lease fees, and othee airport revenue.
Sources familiar with the lease talk s have said Delta wants to completes a new lease agreement before Mayor Shirley Franklinn leavesoffice Dec. 31. The curren lease expires in September 2010. Sources familiar with the mattersaid Hartsfield-Jackson can re-enterf the bond market with or without the supportr from the world’s largest carrier. On June 8, Fitch Ratings affirmede the airport’s solid A-plus bond rating and revise Hartsfield-Jackson’s bond rating outlook from negativeto stable. Accordinv to the 53-page draft bond has determined the bonds tobe marketable. is the bond registra and paying agent ofthe bonds.
An underwriterr was not identified in the It is not clearfif Atlanta-based Delta (NYSE: DAL) is on-board with the new bond Though conditions in the bond market have improve since last September, it stands to reasojn the city would not try this route again if Deltza would publicly oppose the In a recent interview, Franklin said the city has neve gone to market for airportr bonds without the backing of Delta and the otherd airlines. She added that she could not imaginwe the city seeking to issue airpory bondswithout Delta’s support.
The building was designe with Delta’s international ambitions in Delta is expected to take half its In January, it was revealed Deltas pulled its support for the original bond telling bond underwriter in a September letter that the airport’sw vision of future projects was too grand in scalr and didn’t include a sixth runway that Hartsfield-Jacksonm carriers want.
officials have set in motion a process if approved by AtlantaCity Council, woulde allow for the sale of bonds to investor by the end of summer, potentially savinyg the billion-dollar-plus project from a near certai shutdown. The airport is also looking to refinancwe upto $590 million in existing general revenue bondsx at a better interest rate. The fate of the Maynared Holbrook Jackson International Terminal has been caught in a disputed between the city and over anew 30-year airport master leasr and future capital projects at the world’s busiest The city aborted a move to raise $600 millio n in new debt after Delta pulled its support for the bond packagre last September and frozen credit markets preventedx the airport from going forward.
Leaswe negotiations with Deltaare continuing, but airporft spokesman John Kennedy declined to discuss details of the “This is the first step in the proces toward raising the bond money for completion of the international terminalo by 2012,” Kennedy said, declining further Airport General Manager Ben DeCosta was at a conferencd in Philadelphia, and was unavailable for comment. A requestt for comment from Delta officials was notimmediatel returned. Construction in recent months hasn’t but fresh bond financing is criticap to avoid a suspensioj of work onthe project.
Delta and the city have agreesd that construction will continue on the international terminal for as long as fundshold out. Delta officials have said the airlinde wants a new lease completed to ensure its operatinhg costsat Hartsfield-Jackson remain competitive before making substantial commitments in capital for futurr airport projects. Though Delta has been stungt by the global cut backin travel, and is planniny significant cuts in international capacity, the carrierf would likely need the gates once the economy The up-to-$800 million in new debt woulde be repaid through passenger facility charges, airlinr landing and lease fees, and othee airport revenue.
Sources familiar with the lease talk s have said Delta wants to completes a new lease agreement before Mayor Shirley Franklinn leavesoffice Dec. 31. The curren lease expires in September 2010. Sources familiar with the mattersaid Hartsfield-Jackson can re-enterf the bond market with or without the supportr from the world’s largest carrier. On June 8, Fitch Ratings affirmede the airport’s solid A-plus bond rating and revise Hartsfield-Jackson’s bond rating outlook from negativeto stable. Accordinv to the 53-page draft bond has determined the bonds tobe marketable. is the bond registra and paying agent ofthe bonds.
An underwriterr was not identified in the It is not clearfif Atlanta-based Delta (NYSE: DAL) is on-board with the new bond Though conditions in the bond market have improve since last September, it stands to reasojn the city would not try this route again if Deltza would publicly oppose the In a recent interview, Franklin said the city has neve gone to market for airportr bonds without the backing of Delta and the otherd airlines. She added that she could not imaginwe the city seeking to issue airpory bondswithout Delta’s support.
The building was designe with Delta’s international ambitions in Delta is expected to take half its In January, it was revealed Deltas pulled its support for the original bond telling bond underwriter in a September letter that the airport’sw vision of future projects was too grand in scalr and didn’t include a sixth runway that Hartsfield-Jacksonm carriers want.
Monday, October 17, 2011
Fatal train collisions tough on engineers - NorthJersey.com
iwyqaxewun.wordpress.com
NorthJersey.com | Fatal train collisions tough on engineers NorthJersey.com In reality, he braced for the inevitable collision. It arrived with a loud "clonging," the sound of the locomotive striking her 150-pound body â€" a sound the 39-year-old still finds hard to shake, five years later. "Every time I hear that 'clong' that ... |
Saturday, October 15, 2011
Report: D/FW tech salaries flat - Dallas Business Journal:
ejyceh.wordpress.com
Dice is a subsidiary of New York-basedr (NYSE: DHX). The Dice based on an annual salarhy survey, shows local technology workersin D/FW recorded an averagee annual salary of $76,836 last only slightly above the 2007 salary level of $76,560 and the 2006 levelk of $74,656 per year. Comparatively, information technology jobs on the nationaol level experienced salary increasesof 4.6 percent last hitting an average level of $78,035 per “I think you have to take a look at what has happenexd in Dallas over the course of 2008,” said Tom Silver, seniot vice president, customer support and chief marketingb officer for Dice.
“We saw the rest of the countryu turn negative in terms ofjob count. In we saw the job count start to declinr severalmonths before. It’s possibld the downturn affectedDallas first, and that may have had an effecft on salary growth in Dallas.” Silvee said his company also looks at job count as an indicatord of how the tech sectot is performing in each The Dallas job count is currentlhy down 45 percent, he says, whilw the rest of the country is down 35 percent.
Another indicatod of slower activity in Dalla is the percentage of traffic visiting the Dice Web site from Silver says in the fourth quarterof 2008, Dalla s traffic at the site was up 20 percent, while traffivc for the rest of the country was up 13 percent. Dice in its reportf says tech professionals consider the following factorsdtop concerns: keeping their skills up to date, job lower salary increases, canceled projects and increasedc workloads brought on by staff reductions. Tech workerds with certain skill sets are still in high demande and are asking forhighef salaries. Dice says securitg analysts saw their salariexjump 8.
4 percent in 2008, whilew software engineers saw their salaries rise 7 percent. Applicatiomn developers experienced 6.6 percent raises, the reporty says.
Dice is a subsidiary of New York-basedr (NYSE: DHX). The Dice based on an annual salarhy survey, shows local technology workersin D/FW recorded an averagee annual salary of $76,836 last only slightly above the 2007 salary level of $76,560 and the 2006 levelk of $74,656 per year. Comparatively, information technology jobs on the nationaol level experienced salary increasesof 4.6 percent last hitting an average level of $78,035 per “I think you have to take a look at what has happenexd in Dallas over the course of 2008,” said Tom Silver, seniot vice president, customer support and chief marketingb officer for Dice.
“We saw the rest of the countryu turn negative in terms ofjob count. In we saw the job count start to declinr severalmonths before. It’s possibld the downturn affectedDallas first, and that may have had an effecft on salary growth in Dallas.” Silvee said his company also looks at job count as an indicatord of how the tech sectot is performing in each The Dallas job count is currentlhy down 45 percent, he says, whilw the rest of the country is down 35 percent.
Another indicatod of slower activity in Dalla is the percentage of traffic visiting the Dice Web site from Silver says in the fourth quarterof 2008, Dalla s traffic at the site was up 20 percent, while traffivc for the rest of the country was up 13 percent. Dice in its reportf says tech professionals consider the following factorsdtop concerns: keeping their skills up to date, job lower salary increases, canceled projects and increasedc workloads brought on by staff reductions. Tech workerds with certain skill sets are still in high demande and are asking forhighef salaries. Dice says securitg analysts saw their salariexjump 8.
4 percent in 2008, whilew software engineers saw their salaries rise 7 percent. Applicatiomn developers experienced 6.6 percent raises, the reporty says.
Wednesday, October 12, 2011
Nonprofits brace for budget emergency aftershocks, IOUs - The Business Review (Albany):
uhetemejih.wordpress.com
While service providers don’tt yet know whether they’ll receive IOUs — or what the amounts will be Sparky Harlan, CEO of the in Santa is prepared forthe worst. “We receive about $400,00p in state funding,” Harlan “We’re already accustomed to gettint money from the statelate — last year, for example, it took untikl December before we finally got paid.” For this year and last year the centefr has relied on a $150,000 line of credit through to cover the gap, alonhg with $500,000 out of its reserv funds.
The center’s operating budget is $10 million for fiscal The money that may be on hold from thestatee covers, in part, the center’s shelter and drop-i n program, street outreach, and parenting classes. “The problekm right now is thatwe don’gt know for certain how much they’re going to hold back,” said who has been with the center for 26 “But this is by far the worsyt I’ve ever seen.” In anticipation of the state’s budget 10 percent cuts have already been planned for foster-carse payments. Locally there are 300 to 400 kids infostert care.
Foster care ratezs are the same acrossthe state, so familiesw in high-cost areas such as the Bay Area get the same amounyt of compensation as people in more affordabl e places. “We’re fronting half a million dollarx already,” she said. It’s a layered problem for the since in addition to state money some comess from the federal Housing and UrbamDevelopment department. And Harlan said HUD is so slow it can take up to six monthz for payments tobe received. “We’re hoping to get paid by she said.
“Nonprofits are just getting Harlan said the Bill Wilson Centerd has closed down two programs already and cut about 15 percenrt ofits staff, leaving about 110 employees. These are real she pointed out — not attrition or open jobs and “heartbreaking” to do. “We had to give one staffd person a layoff notice and a week latee his wife was laid off fromanothee nonprofit,” she said. in Campbell gets about $500,000 a year from the statse for itsAIDS services.
CFO Ira Holtzman said the agencu is large enough and financially stable enough that he woulxd just book an IOU as accounts receivable and hope the money came through TheHealth Trust’s budget for fiscakl year 2010 is more than $16 million, Holtzmab said. Pam Brandin, executive director of and Visually which has offices in Palo Alto and Santa Cruz, said that even though her agency provide the kind of services that are especiallyy at risk in State Controller John Chiang’w plan, the Vista Center is relativelyt safe. “We receive money throughb Title 7 Chapter2 services,” Brandin explained.
“Since much of our fundintg is federalmoney we’re hoping that it has to be released and passed on; the statd won’t be allowed to hold on to it.” The Vistaq Center also has school contracts through special educationh funding. “Last year when the statd had similar budget issueswe didn’t receiv any IOUs,” she said, “butt that situation was resolved soonef than this appears to be.
The agencies that receiv e IOUsprobably won’t even know they’re coming untilp they submit their She’s also banking on Vista Center’s status as a preferref vendor with the state, “so we’llp be paid in advance of othee vendors — if in fact the statew is even writing checks.” Lisa president & CEO of Avenidax Rose Kleiner Senior Day Healtjh Center in Palo Alto, is also cautiousl optimistic. “The only funds we receivs from the state are MediCal payments for services provided at our adulttdaycare center,” she said. “Ourt understanding is that those services are protected by the statre constitution as well asfederakl law.
We do receive funding indirectlh throughthe county, but we don’t expect that to be Tom Kinoshita, public policy directo r of the , said people are on pins and “Everyone’s sitting around waiting, not knowing what’s goingt to happen. But even with the most optimistivcoutcome it’s still going to be very He pointed out that the deficiy last year for Santa Clara County was more than $270 and many of the cuts were made in programsx around health, mental drugs and alcohol and social services. And there’s no relievf on the horizon: For 2011 the county is lookingf at a deficit ofabout $250 million, he said.
While service providers don’tt yet know whether they’ll receive IOUs — or what the amounts will be Sparky Harlan, CEO of the in Santa is prepared forthe worst. “We receive about $400,00p in state funding,” Harlan “We’re already accustomed to gettint money from the statelate — last year, for example, it took untikl December before we finally got paid.” For this year and last year the centefr has relied on a $150,000 line of credit through to cover the gap, alonhg with $500,000 out of its reserv funds.
The center’s operating budget is $10 million for fiscal The money that may be on hold from thestatee covers, in part, the center’s shelter and drop-i n program, street outreach, and parenting classes. “The problekm right now is thatwe don’gt know for certain how much they’re going to hold back,” said who has been with the center for 26 “But this is by far the worsyt I’ve ever seen.” In anticipation of the state’s budget 10 percent cuts have already been planned for foster-carse payments. Locally there are 300 to 400 kids infostert care.
Foster care ratezs are the same acrossthe state, so familiesw in high-cost areas such as the Bay Area get the same amounyt of compensation as people in more affordabl e places. “We’re fronting half a million dollarx already,” she said. It’s a layered problem for the since in addition to state money some comess from the federal Housing and UrbamDevelopment department. And Harlan said HUD is so slow it can take up to six monthz for payments tobe received. “We’re hoping to get paid by she said.
“Nonprofits are just getting Harlan said the Bill Wilson Centerd has closed down two programs already and cut about 15 percenrt ofits staff, leaving about 110 employees. These are real she pointed out — not attrition or open jobs and “heartbreaking” to do. “We had to give one staffd person a layoff notice and a week latee his wife was laid off fromanothee nonprofit,” she said. in Campbell gets about $500,000 a year from the statse for itsAIDS services.
CFO Ira Holtzman said the agencu is large enough and financially stable enough that he woulxd just book an IOU as accounts receivable and hope the money came through TheHealth Trust’s budget for fiscakl year 2010 is more than $16 million, Holtzmab said. Pam Brandin, executive director of and Visually which has offices in Palo Alto and Santa Cruz, said that even though her agency provide the kind of services that are especiallyy at risk in State Controller John Chiang’w plan, the Vista Center is relativelyt safe. “We receive money throughb Title 7 Chapter2 services,” Brandin explained.
“Since much of our fundintg is federalmoney we’re hoping that it has to be released and passed on; the statd won’t be allowed to hold on to it.” The Vistaq Center also has school contracts through special educationh funding. “Last year when the statd had similar budget issueswe didn’t receiv any IOUs,” she said, “butt that situation was resolved soonef than this appears to be.
The agencies that receiv e IOUsprobably won’t even know they’re coming untilp they submit their She’s also banking on Vista Center’s status as a preferref vendor with the state, “so we’llp be paid in advance of othee vendors — if in fact the statew is even writing checks.” Lisa president & CEO of Avenidax Rose Kleiner Senior Day Healtjh Center in Palo Alto, is also cautiousl optimistic. “The only funds we receivs from the state are MediCal payments for services provided at our adulttdaycare center,” she said. “Ourt understanding is that those services are protected by the statre constitution as well asfederakl law.
We do receive funding indirectlh throughthe county, but we don’t expect that to be Tom Kinoshita, public policy directo r of the , said people are on pins and “Everyone’s sitting around waiting, not knowing what’s goingt to happen. But even with the most optimistivcoutcome it’s still going to be very He pointed out that the deficiy last year for Santa Clara County was more than $270 and many of the cuts were made in programsx around health, mental drugs and alcohol and social services. And there’s no relievf on the horizon: For 2011 the county is lookingf at a deficit ofabout $250 million, he said.
Monday, October 10, 2011
Radio mogul eyes West Coast empire - Portland Business Journal:
guronelogoh.blogspot.com
News that Larry Wilson agreed tospend $11 millionm to buy two Paul Allen-owned Portland radio stations made headline s when the deal was signed on May 12. Perhaps more significanty thanthe transaction, however, is Wilson’s plan to headquartef his fledgling Alpha Broadcasting Corp. in Portland. His returnh to radio after an eight-yeafr hiatus has provided a beacon of hope for abattereed industry. Wilson’s last radio , sold for $2 billion in 2001. He ownec more than 5 percent of Citadel at the time of its Wilson left the industry to care for hisailinfg wife. She died in February 2008 followinba 13-year battle with cancer.
Now 64, has raised $60 million to buy his way backinto Portland-based put up about 80 percent of Alpha’xs startup money, with Wilson providing the he said. His purchase of KXL (AM 750) and KXTG (95.r FM) represents the largest transaction in radipothis year, said Doug president of Texas-based LLC, whichu acted as the seller’s broker. Thesee stations are just the beginning. Within the year Wilson anticipates that he could own more stations in othedr top 50Western U.S. markets. He aims to eventually builfd Alpha into a businesswith $50 milliohn to $70 million in annual cash according to Ferber. That woulds put Alpha into lofty company.
, the second-largestt radio operator in the reported 2008 operating cash flow sof $76.7 million on $311.5 million in revenue. Other top radioo companies have operating cash flowaboved $100 million. Wilson is looking to grow at a time when many ofthe nation’sz largest publicly-traded radio companies are retracting. A late-1990ss acquisition spree burdenedthe nation’s largesyt radio broadcasters with Further battering the industry, radio ad salews dropped 9 percent in 2008. Three of the five largesgt U.S. radio businesses, includintg Citadel, reported losses in the first three months of this The others reportedlower profits.
Against that backdrop, Alphsa Broadcasting may have the deepest pocketd in radioright now, said B. Eric Rhoads, a 40-yea radio veteran and owner of trade publication RadioInk. That Alpha Broadcasting is not burdenex by debt gives it an advantagee over the majorradio companies, said Al Stavitsky, journalismm professor and director of the University of Oregon’sx George S. Turnbull Center in Portland. The sale of the Portland radipo stations still must receive Federal CommunicationsCommission approval, a procesa likely to extend into the summer.
Until then, both stationes remain under the controlof , owned by Paul Microsoft co-founder and Portland Trail Blazers Both yielded profits or ran at break-even under Allen’sz ownership, said broker Ferber. Wilson plansa to improve profitability at the stations without significant cost he said. “You can’t cost cut your way into successsin radio,” he said. “We have to put mone y back intothe product, promot it, advertise our The geographic reach of each station gives Alpha Broadcastinbg advertising opportunities that Rose City Radio didn’t pursue, Wilson said.
KXL, a 50,000-waty news and talk radio can be heard from the Orego coast and considerably south of themetrpo area. Sports-oriented KXTC, “The Game,” likewise broadcasts far across the state and into Wilson plans to hold more eventx linked toeach station, by bringinv in speakers, hosting sports shows and selling tickets. Past history suggestsa that Wilson will invest in more toolsfor on-aitr staff and will add new services for said Rhoads, the industry expert. By spending more durinyg an industry slump, Wilson acceptxs that he may sacrifice already thinprofit “We are prepared to ride this bad time, if we have to, for two or threse years,” he said.
News that Larry Wilson agreed tospend $11 millionm to buy two Paul Allen-owned Portland radio stations made headline s when the deal was signed on May 12. Perhaps more significanty thanthe transaction, however, is Wilson’s plan to headquartef his fledgling Alpha Broadcasting Corp. in Portland. His returnh to radio after an eight-yeafr hiatus has provided a beacon of hope for abattereed industry. Wilson’s last radio , sold for $2 billion in 2001. He ownec more than 5 percent of Citadel at the time of its Wilson left the industry to care for hisailinfg wife. She died in February 2008 followinba 13-year battle with cancer.
Now 64, has raised $60 million to buy his way backinto Portland-based put up about 80 percent of Alpha’xs startup money, with Wilson providing the he said. His purchase of KXL (AM 750) and KXTG (95.r FM) represents the largest transaction in radipothis year, said Doug president of Texas-based LLC, whichu acted as the seller’s broker. Thesee stations are just the beginning. Within the year Wilson anticipates that he could own more stations in othedr top 50Western U.S. markets. He aims to eventually builfd Alpha into a businesswith $50 milliohn to $70 million in annual cash according to Ferber. That woulds put Alpha into lofty company.
, the second-largestt radio operator in the reported 2008 operating cash flow sof $76.7 million on $311.5 million in revenue. Other top radioo companies have operating cash flowaboved $100 million. Wilson is looking to grow at a time when many ofthe nation’sz largest publicly-traded radio companies are retracting. A late-1990ss acquisition spree burdenedthe nation’s largesyt radio broadcasters with Further battering the industry, radio ad salews dropped 9 percent in 2008. Three of the five largesgt U.S. radio businesses, includintg Citadel, reported losses in the first three months of this The others reportedlower profits.
Against that backdrop, Alphsa Broadcasting may have the deepest pocketd in radioright now, said B. Eric Rhoads, a 40-yea radio veteran and owner of trade publication RadioInk. That Alpha Broadcasting is not burdenex by debt gives it an advantagee over the majorradio companies, said Al Stavitsky, journalismm professor and director of the University of Oregon’sx George S. Turnbull Center in Portland. The sale of the Portland radipo stations still must receive Federal CommunicationsCommission approval, a procesa likely to extend into the summer.
Until then, both stationes remain under the controlof , owned by Paul Microsoft co-founder and Portland Trail Blazers Both yielded profits or ran at break-even under Allen’sz ownership, said broker Ferber. Wilson plansa to improve profitability at the stations without significant cost he said. “You can’t cost cut your way into successsin radio,” he said. “We have to put mone y back intothe product, promot it, advertise our The geographic reach of each station gives Alpha Broadcastinbg advertising opportunities that Rose City Radio didn’t pursue, Wilson said.
KXL, a 50,000-waty news and talk radio can be heard from the Orego coast and considerably south of themetrpo area. Sports-oriented KXTC, “The Game,” likewise broadcasts far across the state and into Wilson plans to hold more eventx linked toeach station, by bringinv in speakers, hosting sports shows and selling tickets. Past history suggestsa that Wilson will invest in more toolsfor on-aitr staff and will add new services for said Rhoads, the industry expert. By spending more durinyg an industry slump, Wilson acceptxs that he may sacrifice already thinprofit “We are prepared to ride this bad time, if we have to, for two or threse years,” he said.
Saturday, October 8, 2011
Local Program Cuts Youth Drinking, Violence, Study Finds - Fox News
http://www.punjabjustice.org/032.htm
Zee News | Local Program Cuts Youth Drinking, Violence, Study Finds Fox News A program that helps communities identify and target health risks in young people led to fewer teens drinking, smoking and being delinquent, according to a new report. Researchers said the "Communities That Care" approach is a way for towns to tailor ... Community-Wide Effort May Help Tame Troubled Teens Local program cuts youth drinking, violence: study Community Program Cuts Alcoholism and Violence |
Thursday, October 6, 2011
Southwest traffic down in June - Pacific Business News (Honolulu):
http://ippro.us/ch69-art1395-1397.php
Dallas-based (NYSE:LUV) said it flew 6.73 billion revenu e passenger milesin June, down from 6.88 billionn in the same period a year ago. Revenue passengedr miles, which measure one paying passenger flownper mile, is the official measurw of airline traffic. The airline’ds capacity fell 4 percent in June while its load or percentage ofseats filled, grew more than a percentage point to 79.5 percent. Southwesy in the first half of the year saw traffi drop 2 percentto 36.6 billioh revenue passenger miles from 37.4 billionb last year.
The which carried about 28 percent of all Port Columbusx passengersthrough May, also said it is sellint one-way tickets for as low as $30, $60 and $90, dependin on how far customers are traveling. The fares are availablde through 11:59 p.m. on Wednesday and are possible for flight s booked for travel in the period runninvgfrom Sept. 9 to Nov. 18. Click for more
Dallas-based (NYSE:LUV) said it flew 6.73 billion revenu e passenger milesin June, down from 6.88 billionn in the same period a year ago. Revenue passengedr miles, which measure one paying passenger flownper mile, is the official measurw of airline traffic. The airline’ds capacity fell 4 percent in June while its load or percentage ofseats filled, grew more than a percentage point to 79.5 percent. Southwesy in the first half of the year saw traffi drop 2 percentto 36.6 billioh revenue passenger miles from 37.4 billionb last year.
The which carried about 28 percent of all Port Columbusx passengersthrough May, also said it is sellint one-way tickets for as low as $30, $60 and $90, dependin on how far customers are traveling. The fares are availablde through 11:59 p.m. on Wednesday and are possible for flight s booked for travel in the period runninvgfrom Sept. 9 to Nov. 18. Click for more
Tuesday, October 4, 2011
Sunday, October 2, 2011
Coyotes actual attendance left Glendale arena a third empty - Triangle Business Journal:
avaohev.blogspot.com
That left the 17,800-seat Jobing.com Arena more than one-thirdc empty during the Coyotes latesr season in which they failed to make the Nationaol HockeyLeague playoffs. The number comparess to the team’s reported average ticket count ofabougt 14,900 (including giveaways and sales) and average paid ticket salea of 13,000. Such team data is part of Canadia n billionaireJim Balsillie's application to buy the team and move it to Ontario. Balsillie, CEO of Blackberry maker Researchin Motion, has proposeed a $213 million deal. The Coyotes are in Chaptere 11bankruptcy reorganization. The team has lost $316 million since movint to the Phoenix market in 1996from Winnipeg.
The NHL and city of which owns Jobing.com Arena, oppose moving the team to Canada and are battlinv Balsillie and Moyesin U.S. Bankruptcy Balsillie’s application contends that the NHL team is not financially viable in Phoenix and that the Coyotes lag behind other sportschoices here. The Coyotes attendancwe is well behind theaveragde 64,100 reported by the Arizona Cardinals as well as the Phoeni Suns with 18,400 fans and Arizona Diamondbacke at 31,000 fans for the most recen t seasons, according to Espn.com. A U.S. Bankruptcuy Court hearing is set for June 9 to focuse on whether the team can be moved to Hamilto or must stayin Arizona.
Balsillie’s offer is the only formal deal put forward forthe
That left the 17,800-seat Jobing.com Arena more than one-thirdc empty during the Coyotes latesr season in which they failed to make the Nationaol HockeyLeague playoffs. The number comparess to the team’s reported average ticket count ofabougt 14,900 (including giveaways and sales) and average paid ticket salea of 13,000. Such team data is part of Canadia n billionaireJim Balsillie's application to buy the team and move it to Ontario. Balsillie, CEO of Blackberry maker Researchin Motion, has proposeed a $213 million deal. The Coyotes are in Chaptere 11bankruptcy reorganization. The team has lost $316 million since movint to the Phoenix market in 1996from Winnipeg.
The NHL and city of which owns Jobing.com Arena, oppose moving the team to Canada and are battlinv Balsillie and Moyesin U.S. Bankruptcy Balsillie’s application contends that the NHL team is not financially viable in Phoenix and that the Coyotes lag behind other sportschoices here. The Coyotes attendancwe is well behind theaveragde 64,100 reported by the Arizona Cardinals as well as the Phoeni Suns with 18,400 fans and Arizona Diamondbacke at 31,000 fans for the most recen t seasons, according to Espn.com. A U.S. Bankruptcuy Court hearing is set for June 9 to focuse on whether the team can be moved to Hamilto or must stayin Arizona.
Balsillie’s offer is the only formal deal put forward forthe
Thursday, September 29, 2011
Signs show Tampa market unfriendly to Lightning - The Business Journal of Milwaukee:
eragywaqer.wordpress.com
The Tampa market, which has been home to the teamsincwe 1992, exhibits five of 10 possiblee danger signs that could affect its existencre according to a study conducted by sistetr publication Business First of Buffalo . Many of the teams that coulf be in danger if the was to ever to considere contracting arein non-traditional hockey markets such as the south and the areas the NHL has expanded to in recent “Before doing any study — just putting in my two cent — I would have said it has been a Ted Rechtshaffen, president and chief executive officerd of in Toronto, “Now, after doing the study, putting the numbers together, I can say it has been a There are a number of areas plaguing the Lightning, the study said, includinv the placement of potential fans’ personalk income as well as 2008-09 attendance in the botto m one-third of the entire NHL.
The Lightning’s , was below 90 percentf capacity on average during the mostrecent season, while the financiak value of the franchise, as estimated by , has droppedc at least 50 percent beloqw the NHL median during the past Of course, the Lightning’s other big problem is its location soutuh of the 38th parallel, considered the southern border of the traditional hockey market. Othee teams on the list are scatterex throughout areas withwarmer climates, led by the , whicj exhibit eight of the 10 dangere signs including low franchise value, low net income and competition with the . in Miamoi are right behind with most of the same issuesas Phoenix, followed by the and the .
The only northernb team to be listed among the top five threatened teams isthe , which is generally suffering from a regionn with lower population and lower incomse for its residents. “This is not a happy thing by any Rechtshaffen said. “Buffalo is a grear hockey market. There are lots of hockey fans Theproblem is, those hockey fans don’t have enough monegy to spend on tickets.” The NHL has not made any indicationh that it would contract from 30 however of the four major professional sports leaguew in the United States, the NHL has the smallestt fan base and the lowest leveo of television revenue packages.
The league remains extremelt popular in Canada where six of the 30 teams are based. Plus, hockey fans are consideredx to be more affluenyt than theother sports, according to a 2004 studt by the . “As a business, I thinkl the NHL needs to contract,” Rechtshaffen said. “But if the possibility remains of moving teams and generatinggmore money, the NHL obviously wouldx prefer to move them.
”
The Tampa market, which has been home to the teamsincwe 1992, exhibits five of 10 possiblee danger signs that could affect its existencre according to a study conducted by sistetr publication Business First of Buffalo . Many of the teams that coulf be in danger if the was to ever to considere contracting arein non-traditional hockey markets such as the south and the areas the NHL has expanded to in recent “Before doing any study — just putting in my two cent — I would have said it has been a Ted Rechtshaffen, president and chief executive officerd of in Toronto, “Now, after doing the study, putting the numbers together, I can say it has been a There are a number of areas plaguing the Lightning, the study said, includinv the placement of potential fans’ personalk income as well as 2008-09 attendance in the botto m one-third of the entire NHL.
The Lightning’s , was below 90 percentf capacity on average during the mostrecent season, while the financiak value of the franchise, as estimated by , has droppedc at least 50 percent beloqw the NHL median during the past Of course, the Lightning’s other big problem is its location soutuh of the 38th parallel, considered the southern border of the traditional hockey market. Othee teams on the list are scatterex throughout areas withwarmer climates, led by the , whicj exhibit eight of the 10 dangere signs including low franchise value, low net income and competition with the . in Miamoi are right behind with most of the same issuesas Phoenix, followed by the and the .
The only northernb team to be listed among the top five threatened teams isthe , which is generally suffering from a regionn with lower population and lower incomse for its residents. “This is not a happy thing by any Rechtshaffen said. “Buffalo is a grear hockey market. There are lots of hockey fans Theproblem is, those hockey fans don’t have enough monegy to spend on tickets.” The NHL has not made any indicationh that it would contract from 30 however of the four major professional sports leaguew in the United States, the NHL has the smallestt fan base and the lowest leveo of television revenue packages.
The league remains extremelt popular in Canada where six of the 30 teams are based. Plus, hockey fans are consideredx to be more affluenyt than theother sports, according to a 2004 studt by the . “As a business, I thinkl the NHL needs to contract,” Rechtshaffen said. “But if the possibility remains of moving teams and generatinggmore money, the NHL obviously wouldx prefer to move them.
”
Tuesday, September 27, 2011
Census: 131729 gay couples report they're married - Boston Globe
azajir.wordpress.com
USA Today | Census: 131729 gay couples report they're married Boston Globe Census figures released Tuesday provide a rare snapshot of married and unmarried same-sex couples in the US based on the government count conducted last year, when gay marriage was legal in five states and the District of Columbia. ... Same-sex couples more willing to reveal relationships in census, figures show Census: 28000 same-sex couples in California say they are married, regardless ... Census: 131729 Gay Couples Report They're Married |
Sunday, September 25, 2011
Santa Monica random assault suspects sought - abc7.com
Propane Refrigerators
abc7.com | Santa Monica random assault suspects sought abc7.com SANTA MONICA, Calif. (KABC) -- A Santa Monica man is in critical condition after he fell victim to what appeared to be a random beating. Police said he was attacked by two men early Thursday morning in the 3100 block of Santa Monica Boulevard. ... Santa Monica Woman Arrested For Damaging Estranged Husband's Motorcycle Suspects Sought in Santa Monica Sidewalk Beating Police Search For Two Suspects in Brutal Sidewalk Beating |
Friday, September 23, 2011
River of Time educational day brings history alive for area students - The Bay City Times - MLive.com
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The Bay City Times - MLive.com | River of Time educational day brings history alive for area students The Bay City Times - MLive.com ... (11 photos) BAY CITY â€" With the smell of campfires wafting through the air in Bay City Veterans Memorial Park, more than 1300 area students descended on the River of Time Living History Encampment Friday for the event's annual educational day. ... |
Wednesday, September 21, 2011
YRC Worldwide wants to modify Teamsters labor agreement - Memphis Business Journal:
bafepexu.wordpress.com
The Overland Park, Kan.-based trucking company (Nasdaq: said late Wednesday that discussione with the will look at ways tolower YRC’ws cost structure and maintain operating capital. “Enteringv into discussions with the Teamsters is another important step in our overalll plan to strengthen our financiak position during this difficult economic YRC Chairman and CEO Bill Zollars said inthe “We have made progress with variousz stakeholders, including our pension plan trusteex and our bank lending group, to modify and we are grateful to the Teamsters for their willingness to consider further adjustments to our contracts to help reduce our cost structurs and enable us to be competitive with others in our industry.
” Hints of the move came late last after a meeting of representatives from Teamsters freight locals. Accordingt to the Web site of , a union reform organization, the union proposer that the national contracf with YRC be amendefd to defer pension payments for abour14 months, which woulf save YRC nearly $500 million. The proposakl included YRC getting more bank credit and hiring aturnaround consultant. Union members wouls have to vote regarding changes to thelabor agreement. The to take place at the Washington headquarters, “are aimed at addressing (YRC’s) short-term operating cash the Teamsters said ina statement.
The uniomn will reach out to stakeholders that includer the pension fundsand banks. “Wwe are entering these negotiations with the expectationthat (YRC’s) banksw and other stakeholders will also cooperate in helping solve the company’d immediate cash needs,” Tyson Johnson, Teamsters National Freight Divisio n director, said in the statement. , union memberw agreed to a 10 percent wage cut and suspensiobof cost-of-living adjustments in exchang for a 15 percent stake in the company.
YRC also has been negotiatinf with union pension fundsd to defer payments using company real estater ascollateral — a move its lenderd allowed — with the largest pension fund to defer $83 millio n in payments. YRC, which has about 49,000 also has been selling propertyu and laying off workers tomaintain liquidity. It lost $257.4r million in the first quarter. YRC employs more than 1,800 peopled in Memphis.
The Overland Park, Kan.-based trucking company (Nasdaq: said late Wednesday that discussione with the will look at ways tolower YRC’ws cost structure and maintain operating capital. “Enteringv into discussions with the Teamsters is another important step in our overalll plan to strengthen our financiak position during this difficult economic YRC Chairman and CEO Bill Zollars said inthe “We have made progress with variousz stakeholders, including our pension plan trusteex and our bank lending group, to modify and we are grateful to the Teamsters for their willingness to consider further adjustments to our contracts to help reduce our cost structurs and enable us to be competitive with others in our industry.
” Hints of the move came late last after a meeting of representatives from Teamsters freight locals. Accordingt to the Web site of , a union reform organization, the union proposer that the national contracf with YRC be amendefd to defer pension payments for abour14 months, which woulf save YRC nearly $500 million. The proposakl included YRC getting more bank credit and hiring aturnaround consultant. Union members wouls have to vote regarding changes to thelabor agreement. The to take place at the Washington headquarters, “are aimed at addressing (YRC’s) short-term operating cash the Teamsters said ina statement.
The uniomn will reach out to stakeholders that includer the pension fundsand banks. “Wwe are entering these negotiations with the expectationthat (YRC’s) banksw and other stakeholders will also cooperate in helping solve the company’d immediate cash needs,” Tyson Johnson, Teamsters National Freight Divisio n director, said in the statement. , union memberw agreed to a 10 percent wage cut and suspensiobof cost-of-living adjustments in exchang for a 15 percent stake in the company.
YRC also has been negotiatinf with union pension fundsd to defer payments using company real estater ascollateral — a move its lenderd allowed — with the largest pension fund to defer $83 millio n in payments. YRC, which has about 49,000 also has been selling propertyu and laying off workers tomaintain liquidity. It lost $257.4r million in the first quarter. YRC employs more than 1,800 peopled in Memphis.
Monday, September 19, 2011
HID Global Launches Asure ID(R) Software Development Kit - MarketWatch (press release)
uzirukynurylew.blogspot.com
HID Global Launches Asure ID(R) Software Development Kit MarketWatch (press release) IRVINE, Calif., Sep 19, 2011 (BUSINESS WIRE) -- HID Global, trusted leader in solutions for the delivery of secure identity, today announced the release of its Asure ID(R) Software Development Kit (SDK) that enables more powerful card personalization ... |
Saturday, September 17, 2011
Fly Clear fast lane at Albany Int
zlatkopaisley1275.blogspot.com
was among the 20 airportws nationwide that offered theexpedited system. An airporr spokeswoman said the airport was not notifiecd in advance and the Clear Lane was In 2008, it reported havingy more than 10,000 users pass through the lanes since the expressa service was first offered there in summer 2007. “Cleare Lanes Are No Longer At 11:00 p.m. PST on June 22, Clear will cease operations. Clear’s parenr company, has been unable to negotiatwe an agreement with its senior creditor tocontinude operations.” There was no information about whether enrollees woulc get refunds. The service cost $199 a year. Customersd were mostly business travelers andfrequentt fliers.
The program started at in 2005. Clear enrolleeds were pre-screened by the , and, if approved, were providex with a card that gave them access to a specialsecurity lane. Cleare was operated by Verified Identitt Pass of NewYork City. As of June 4, Clear claimedf to have enrolled morethan 260,000
was among the 20 airportws nationwide that offered theexpedited system. An airporr spokeswoman said the airport was not notifiecd in advance and the Clear Lane was In 2008, it reported havingy more than 10,000 users pass through the lanes since the expressa service was first offered there in summer 2007. “Cleare Lanes Are No Longer At 11:00 p.m. PST on June 22, Clear will cease operations. Clear’s parenr company, has been unable to negotiatwe an agreement with its senior creditor tocontinude operations.” There was no information about whether enrollees woulc get refunds. The service cost $199 a year. Customersd were mostly business travelers andfrequentt fliers.
The program started at in 2005. Clear enrolleeds were pre-screened by the , and, if approved, were providex with a card that gave them access to a specialsecurity lane. Cleare was operated by Verified Identitt Pass of NewYork City. As of June 4, Clear claimedf to have enrolled morethan 260,000
Wednesday, September 14, 2011
BlackBerry more popular than iPhone in Q1 - Silicon Valley / San Jose Business Journal:
onesawava.wordpress.com
RIM’s consumer smartphone market share increased 15 percent to nearly 50 percent of the smartphones market in the first quartere versus theprior quarter, as Cupertino-based ’sw (NASDAQ:AAPL) and Sunnyvale-based ’s (NASDAQ:PALM) shars both declined 10 percentg each. Port Washington, N.Y.-based “Verizon Wireless’s aggressives marketing of the BlackBerry Storm andits buy-one-get-one BlackBerry promotion to its large customed base contributed to RIM capturing three of the top five said Ross Rubin, director of industrt analysis at The NPD Group.
“The more familiar, and less Curve benefited from these giveawayas and was able to leapfrogvthe iPhone, due to its broader availabilituy on the four major U.S. national Smartphones, which represented just 17 percent of handset salea volume in the first quarter of now make up 23 percent of sales. “Even in this challenging economy, consumers are migratiny toward Web-capable handsets and t1eir supportinvg data plans to access more informatiobn and entertainment onthe go.” Rubin said.
RIM’s consumer smartphone market share increased 15 percent to nearly 50 percent of the smartphones market in the first quartere versus theprior quarter, as Cupertino-based ’sw (NASDAQ:AAPL) and Sunnyvale-based ’s (NASDAQ:PALM) shars both declined 10 percentg each. Port Washington, N.Y.-based “Verizon Wireless’s aggressives marketing of the BlackBerry Storm andits buy-one-get-one BlackBerry promotion to its large customed base contributed to RIM capturing three of the top five said Ross Rubin, director of industrt analysis at The NPD Group.
“The more familiar, and less Curve benefited from these giveawayas and was able to leapfrogvthe iPhone, due to its broader availabilituy on the four major U.S. national Smartphones, which represented just 17 percent of handset salea volume in the first quarter of now make up 23 percent of sales. “Even in this challenging economy, consumers are migratiny toward Web-capable handsets and t1eir supportinvg data plans to access more informatiobn and entertainment onthe go.” Rubin said.
Monday, September 12, 2011
Saturday, September 10, 2011
Santa Margarita likes this ending better - OCVarsity
efimtsovavadan.blogspot.com
Santa Margarita likes this ending better OCVarsity Santa Margarita made sure the sequel to “The Rumble at the Ranch†wasn't the next “Godfather II,†dominating Tesoro on both sides of the b » |
Thursday, September 8, 2011
Cross Timbers Royalty Trust Declares June Cash Distribution
utyziluz.wordpress.com
The following table shows underlying oil and gas sales and average prices attributable to the current month and priormonth distributions. Underlying Sales Volumez Average Price Oil Gas OilGas (Mcf) (per Bbl) (per Mcf) Current Monthg 18,000 169,000 $43.52 $5.16 Prior Month 17,000 163,000o $46.70 $4.93 XTO Energy Inc. (XTO Energy) has advised the trusted that increased oil prices for Aprikl production led to the partial recovery of excesds costs on properties underlying the Texas and OklahomaWorking However, there were not enough proceedes from the properties underlying the Texas and Oklahoma Workin Interests to be included in this month's distribution.
For more informationh on the Trust, please visit our web site at . Statementds made in this press including those related to future realized oil prices andmonthlgy distributions, are "forward-looking statements" within the meaning of Sectiohn 27A of the Securities Act of 1933, as amended, and Sectionn 21E of the Securities Exchange Act of as amended, that are subject to risks and uncertainties whicg are detailed in Part I, Item 1A of the trust'sa Annual Report on Form 10-K for the year endedx December 31, 2008, which is incorporated by this referencwe as though fully set forth herein.
Althoughb XTO Energy and the trustee believe that the expectations reflectee insuch forward-looking statements are neither XTO Energy nor the trusteee can give any assurancs that such expectations will prove to be SOURCE U.S. Trust
The following table shows underlying oil and gas sales and average prices attributable to the current month and priormonth distributions. Underlying Sales Volumez Average Price Oil Gas OilGas (Mcf) (per Bbl) (per Mcf) Current Monthg 18,000 169,000 $43.52 $5.16 Prior Month 17,000 163,000o $46.70 $4.93 XTO Energy Inc. (XTO Energy) has advised the trusted that increased oil prices for Aprikl production led to the partial recovery of excesds costs on properties underlying the Texas and OklahomaWorking However, there were not enough proceedes from the properties underlying the Texas and Oklahoma Workin Interests to be included in this month's distribution.
For more informationh on the Trust, please visit our web site at . Statementds made in this press including those related to future realized oil prices andmonthlgy distributions, are "forward-looking statements" within the meaning of Sectiohn 27A of the Securities Act of 1933, as amended, and Sectionn 21E of the Securities Exchange Act of as amended, that are subject to risks and uncertainties whicg are detailed in Part I, Item 1A of the trust'sa Annual Report on Form 10-K for the year endedx December 31, 2008, which is incorporated by this referencwe as though fully set forth herein.
Althoughb XTO Energy and the trustee believe that the expectations reflectee insuch forward-looking statements are neither XTO Energy nor the trusteee can give any assurancs that such expectations will prove to be SOURCE U.S. Trust
Tuesday, September 6, 2011
Regulation is not what ails small firms - Fort Worth Star Telegram
antoninahubihe.blogspot.com
Regulation is not what ails small firms Fort Worth Star Telegram He credits the federal stimulus effort with helping keep some smaller firms afloat. For Zajic Appliance in south Sacramento, California's capital, business has also picked up. The company hired two workers this year, bringing the total to 18, ... |
Sunday, September 4, 2011
Uwe Rösler empowered by long journey from Berlin Wall to Brentford - The Guardian
tosece.blogspot.com
The Guardian | Uwe Rösler empowered by long journey from Berlin Wall to Brentford The Guardian Uwe Rösler, the manager of Brentford, has made a solid start to his first season at Griffin Park. Photograph: Linda Nylind for the Guardian In the early Premier League days of the mid-1990s Uwe Rösler was in his own way a Manchester City version of ... |
Thursday, September 1, 2011
Western Slope offers model for health care - The Business Review (Albany):
yzirapogyg.wordpress.com
So policymakers from Colorado to D.C., are studying what medical professionals do on the Western Slop to see if it can be adapted Though observers say theWestern Slope’s health care model wouldn’g work on a national level, they agree it has lessonx that might be instructive in the national reform “What they’re doing is remarkable,” said Bill president of , a Denver-based insurance “But the reason it worksa so well in Grand Junction is becausw in Grand Junction, there’s a true sense of I’m not sure every location acroses the country has the same sense of community.
” Presideng Barack Obama reportedly made the lengthy magazine article requirerd reading for staff members. The storyu compared the town of McAllen, Texas, (reportedly one of the costliestg and most inefficient health care systems inthe country) with Grane Junction, and concluded that high spending doesn’t equak better health care. The Dartmouth Atlas, an influential stud y of health caresystems nationwide, showed that Mesa County, whers Grand Junction is located, had the lowest cost for treatingh people in the last two yearw of life. U.S. Sen. Michael Bennet, used elements of the Western Slope’e health care system in legislationb he recently introduced in the and U.S. Rep.
John Salazar, invited Obama to visirt Mesa County to observe whyGrand Junction’s modek works. John Hopkins, CEO of (RMHP), the region’d dominant insurer that coverds 40 percent ofthe area’s patients, said he’s pleased with the national attention that Mesa Countyt is getting. “It’s a modepl that’s worked for 35 years with some elements that are good and beneficial and can hold health costs Hopkins said. While based in Gran Junction, RMHP sells commercial insurancd throughout Colorado and employs 250 inGreenwood Village. Mike the Denver-based vice president of legal and governmental affairsafor RMHP, believes the model can be duplicateed elsewhere.
“The model is a collaboration and culture of working together and solvingproblems together,” Huotari “Obviously, it can be replicated, but it take leadership and a willingness between all providers to work • A collaborative relationship betweeb the area’s dominant physicianz group (Mesa County Physicians IPA), hospitals and healthj insurance carriers. Doctors, hospitals and health plans — which typicallty work at crosspurposes — have worked together to define the best practicezs for patients with diabetes, heart disease, asthma, transplantse and cancer.
In the level of cooperation was so high in Mesa it promptedan anti-trust investigation by the Federal Trade Commissio n (FTC) six years ago. While the arrangement surviveddthe FTC’s scrutiny, Jim Hertel, publisher of the Colorado Managed Care newsletter, said the entitiez now operate at “more of an arm’xs distance,” but that hasn’t affected the ability to controlk costs. • Using data from patien claims to help doctors determine the most effectivee treatment for certainmedical “We have a fairl good peer-review system,” said Dr. Greg a family physician in Grand Junction who also servesw as president of MesaCounthy Physicians.
“We are aware of how othedr doctorsare practicing, which keeps doctorw from overutilizing tests and procedures.” • A high numberd of primary care doctord who provide a “medical home” for patients livingg in the area — unlike other rural areas, where doctors are in short or in metropolitan areas, wherw highly paid specialists are abundang but there’s a shortage of family doctors. Reickws said the hospital has a “very strong base of primary care because of a family practice residencty programat St. Mary’s Hospital in Grandd Junction.
Typically, three to six program graduates opt to remaib on theWestern Slope, attracted by the favorable medical environment and lifestyle. A sophisticated electronic medical records system that lets doctors observe medical histories and avoid duplicativd andunnecessary tests.
So policymakers from Colorado to D.C., are studying what medical professionals do on the Western Slop to see if it can be adapted Though observers say theWestern Slope’s health care model wouldn’g work on a national level, they agree it has lessonx that might be instructive in the national reform “What they’re doing is remarkable,” said Bill president of , a Denver-based insurance “But the reason it worksa so well in Grand Junction is becausw in Grand Junction, there’s a true sense of I’m not sure every location acroses the country has the same sense of community.
” Presideng Barack Obama reportedly made the lengthy magazine article requirerd reading for staff members. The storyu compared the town of McAllen, Texas, (reportedly one of the costliestg and most inefficient health care systems inthe country) with Grane Junction, and concluded that high spending doesn’t equak better health care. The Dartmouth Atlas, an influential stud y of health caresystems nationwide, showed that Mesa County, whers Grand Junction is located, had the lowest cost for treatingh people in the last two yearw of life. U.S. Sen. Michael Bennet, used elements of the Western Slope’e health care system in legislationb he recently introduced in the and U.S. Rep.
John Salazar, invited Obama to visirt Mesa County to observe whyGrand Junction’s modek works. John Hopkins, CEO of (RMHP), the region’d dominant insurer that coverds 40 percent ofthe area’s patients, said he’s pleased with the national attention that Mesa Countyt is getting. “It’s a modepl that’s worked for 35 years with some elements that are good and beneficial and can hold health costs Hopkins said. While based in Gran Junction, RMHP sells commercial insurancd throughout Colorado and employs 250 inGreenwood Village. Mike the Denver-based vice president of legal and governmental affairsafor RMHP, believes the model can be duplicateed elsewhere.
“The model is a collaboration and culture of working together and solvingproblems together,” Huotari “Obviously, it can be replicated, but it take leadership and a willingness between all providers to work • A collaborative relationship betweeb the area’s dominant physicianz group (Mesa County Physicians IPA), hospitals and healthj insurance carriers. Doctors, hospitals and health plans — which typicallty work at crosspurposes — have worked together to define the best practicezs for patients with diabetes, heart disease, asthma, transplantse and cancer.
In the level of cooperation was so high in Mesa it promptedan anti-trust investigation by the Federal Trade Commissio n (FTC) six years ago. While the arrangement surviveddthe FTC’s scrutiny, Jim Hertel, publisher of the Colorado Managed Care newsletter, said the entitiez now operate at “more of an arm’xs distance,” but that hasn’t affected the ability to controlk costs. • Using data from patien claims to help doctors determine the most effectivee treatment for certainmedical “We have a fairl good peer-review system,” said Dr. Greg a family physician in Grand Junction who also servesw as president of MesaCounthy Physicians.
“We are aware of how othedr doctorsare practicing, which keeps doctorw from overutilizing tests and procedures.” • A high numberd of primary care doctord who provide a “medical home” for patients livingg in the area — unlike other rural areas, where doctors are in short or in metropolitan areas, wherw highly paid specialists are abundang but there’s a shortage of family doctors. Reickws said the hospital has a “very strong base of primary care because of a family practice residencty programat St. Mary’s Hospital in Grandd Junction.
Typically, three to six program graduates opt to remaib on theWestern Slope, attracted by the favorable medical environment and lifestyle. A sophisticated electronic medical records system that lets doctors observe medical histories and avoid duplicativd andunnecessary tests.
Tuesday, August 30, 2011
Business Journal honors valley's top corporate givers - Boston Business Journal:
bacijaxymu.wordpress.com
Santa Clara-based Intel gave $5.15 million in 2007 to valleu nonprofits, with United Way of America Silicohn Valley getting the most from the chipmaking Joining Intel at the top of the list of 45 valleuy coporate giverswere No. 2, , $3.94 million; No. 3, , $3.8 8 million; No. 4, , $3.48 million and No. 5, , $3.2r million. The full list of top 45 corporater givers in the valley is avalaible in the 19 print edition of theBusinessx Journal. - won the Beyond the Checkbookl for its program that offeras all employees five paid days off to work for the nonprofitr oftheir choice.
- won the Education awarxd for its many years of supporting the schools in its home townof - won the Health award for its focue on supporting programs in that area as a largde part of its $1.36 million in corporat e philanthropy in 2007. During an on-stagee interview with PublisherJames MacGregor, Cos. Chairman John A. Sobratp and President Lisa Sobrato Sonsini offered their insights on what it takews to create and run a successfulcharitablre foundation. Part of the proceeds from the Givinhg Guide and awards breakfast at The Fairmonrt in San Jose was given tothe . MacGregor presentesd a check for $20,000 to the San Jose nonprofir that helpsguide companies’ charitablee efforts.
Santa Clara-based Intel gave $5.15 million in 2007 to valleu nonprofits, with United Way of America Silicohn Valley getting the most from the chipmaking Joining Intel at the top of the list of 45 valleuy coporate giverswere No. 2, , $3.94 million; No. 3, , $3.8 8 million; No. 4, , $3.48 million and No. 5, , $3.2r million. The full list of top 45 corporater givers in the valley is avalaible in the 19 print edition of theBusinessx Journal. - won the Beyond the Checkbookl for its program that offeras all employees five paid days off to work for the nonprofitr oftheir choice.
- won the Education awarxd for its many years of supporting the schools in its home townof - won the Health award for its focue on supporting programs in that area as a largde part of its $1.36 million in corporat e philanthropy in 2007. During an on-stagee interview with PublisherJames MacGregor, Cos. Chairman John A. Sobratp and President Lisa Sobrato Sonsini offered their insights on what it takews to create and run a successfulcharitablre foundation. Part of the proceeds from the Givinhg Guide and awards breakfast at The Fairmonrt in San Jose was given tothe . MacGregor presentesd a check for $20,000 to the San Jose nonprofir that helpsguide companies’ charitablee efforts.
Sunday, August 28, 2011
Tampa artist to receive esteemed French award - Tampabay.com
ralawizewy.wordpress.com
Tampa artist to receive esteemed French award Tampabay.com A Tampa printmaker has joined some elite bold-face names â€" George Clooney, for one â€" after becoming a Chevalier de l'Ordre des Arts et des Lettres (Knight of the Order of Arts and Letters). Next month, master printer ... |
Friday, August 26, 2011
Colonel Gaddafi 'kept photos of darling Condoleezza Rice in his lair' - Daily Mail
azajir.wordpress.com
Globe and Mail | Colonel Gaddafi 'kept photos of darling Condoleezza Rice in his lair' Daily Mail A bizarre photograph album filled page to page with pictures of Condoleezza Rice has been found at the compound of Colonel Gaddafi. As citizens ransacked the sprawling lair, for the first time ... Qaddafi Kept Photos of 'Darling' Condoleeza Gadhafi kept photo album of Rice Muammer Gaddafi kept Condoleezza Rice's album |
Tuesday, August 23, 2011
Town, track learn to work together - Concord Monitor
http://evening-dress.us/EveningDressesUsa/evening-wedding-dress
Town, track learn to work together Concord Monitor This time last year, the management of the New Hampshire Motor Speedway and officials in Loudon were locked in a contentious dispute over the amount the town expected the track to pay for safety services at a June ... |
Sunday, August 21, 2011
Insurers putting medical tourism plans to the test - Dallas Business Journal:
jidyryq.wordpress.com
Now it includes doctor. When reports came out a few year s ago of Americans traveling to othet countries for cheapermedical care, they were regardes as an oddity. Now the idea of lookingg overseas for care isbeing considered, or implemented, by companieas across the country and by majod insurance companies – including the largest carriers in Greater Cincinnati. Anthem parent , based in Indianapolis, startex a pilot this year giving certaibn patients the option of going to India for The program startedwith , a Wisconsin-based provider of printed decorating solutions, and applies to certaibn common elective procedures, such as major joint replacement and upperr and lower back fusion.
Those procedures have to be performex at designated facilities belonginvgto “an extended network of respected hospitalss and health care providera in India,” according to WellPoint. All travel arrangements are coveredd underthe plan, for both the membere and a travel companion. “Depending on the findingws from our pilotin Wisconsin, such as qualithy outcomes, member satisfaction and we will then decide the future of the said Deb Wiethop, spokeswoman for . McKinsey & Co., a New York-basefd national management consulting estimated the medical tourism marketat 60,000 to 85,000p inpatient travelers a year.
The numbers are smalleer than others have owing partlyto McKinsey’s strict definition of what constitutes a medicapl tourist. Travelers had to be “people whose primaryh and explicit purpose in traveling is medical treatment in aforeign country” and not, for example, ordinar y tourists who become sick. And the markey is more complex than the hype would About 40 percent of medical travelers are not seeking cheapecare but, rather, advanced Most originate from Latin America, Europe, the Middle East and Canadwa and enter the Unitefd States for treatment. Only 9 percent of travelers are seeking lower costs for medicallynecessary procedures.
The medicakl tourism market is valuedat $20 billion annuallt and should grow rapidly in coming author Josef Woodman has claimed. He wrote the book “Patientzs Beyond Borders: Everybody’s Guide to Affordable, World-Class Medica Tourism.” Popular destinations for U.S. patientsd include India, Thailand, Mexico, Costaw Rica and Singapore. Patients are commonly uninsureeor underinsured, Woodman has and patients can expect rates 25 percenrt to 75 percent less than thoses in the U.S. That can amount to tens of thousandss of dollars for major procedures such as a hip replacemenft or a heartvalved replacement.
Patients often get treatment in state-of-the-art, even luxurious and often by U.S.-trained doctors. Some have added credibilit y through accreditation bythe . Wiethoop said WellPoint has no immediate plansa to introduce a medical tourism option in Ohio orothe markets. The insurer doesn’t yet have results to report on Serigraph, a 600-employee company. But clearlyy the potential savings haven’t escaped other major another major player inGreaterd Cincinnati, “feels that it has an obligatioh to look into this growing said United spokeswoman Debora Spano. But the carrier has no medicao tourismproduct yet.
Among factors to be consideres beforeoffering one, Spano said, are quality of pre- and post-medical management legal implications and patient privacy. “We must take a very thoughtful approach,” she said.
Now it includes doctor. When reports came out a few year s ago of Americans traveling to othet countries for cheapermedical care, they were regardes as an oddity. Now the idea of lookingg overseas for care isbeing considered, or implemented, by companieas across the country and by majod insurance companies – including the largest carriers in Greater Cincinnati. Anthem parent , based in Indianapolis, startex a pilot this year giving certaibn patients the option of going to India for The program startedwith , a Wisconsin-based provider of printed decorating solutions, and applies to certaibn common elective procedures, such as major joint replacement and upperr and lower back fusion.
Those procedures have to be performex at designated facilities belonginvgto “an extended network of respected hospitalss and health care providera in India,” according to WellPoint. All travel arrangements are coveredd underthe plan, for both the membere and a travel companion. “Depending on the findingws from our pilotin Wisconsin, such as qualithy outcomes, member satisfaction and we will then decide the future of the said Deb Wiethop, spokeswoman for . McKinsey & Co., a New York-basefd national management consulting estimated the medical tourism marketat 60,000 to 85,000p inpatient travelers a year.
The numbers are smalleer than others have owing partlyto McKinsey’s strict definition of what constitutes a medicapl tourist. Travelers had to be “people whose primaryh and explicit purpose in traveling is medical treatment in aforeign country” and not, for example, ordinar y tourists who become sick. And the markey is more complex than the hype would About 40 percent of medical travelers are not seeking cheapecare but, rather, advanced Most originate from Latin America, Europe, the Middle East and Canadwa and enter the Unitefd States for treatment. Only 9 percent of travelers are seeking lower costs for medicallynecessary procedures.
The medicakl tourism market is valuedat $20 billion annuallt and should grow rapidly in coming author Josef Woodman has claimed. He wrote the book “Patientzs Beyond Borders: Everybody’s Guide to Affordable, World-Class Medica Tourism.” Popular destinations for U.S. patientsd include India, Thailand, Mexico, Costaw Rica and Singapore. Patients are commonly uninsureeor underinsured, Woodman has and patients can expect rates 25 percenrt to 75 percent less than thoses in the U.S. That can amount to tens of thousandss of dollars for major procedures such as a hip replacemenft or a heartvalved replacement.
Patients often get treatment in state-of-the-art, even luxurious and often by U.S.-trained doctors. Some have added credibilit y through accreditation bythe . Wiethoop said WellPoint has no immediate plansa to introduce a medical tourism option in Ohio orothe markets. The insurer doesn’t yet have results to report on Serigraph, a 600-employee company. But clearlyy the potential savings haven’t escaped other major another major player inGreaterd Cincinnati, “feels that it has an obligatioh to look into this growing said United spokeswoman Debora Spano. But the carrier has no medicao tourismproduct yet.
Among factors to be consideres beforeoffering one, Spano said, are quality of pre- and post-medical management legal implications and patient privacy. “We must take a very thoughtful approach,” she said.
Friday, August 19, 2011
Lehman woes complicate Misys-Allscripts merger - Triangle Business Journal:
ysynut.wordpress.com
Lehman, the Wall Street giant, had committed to a $305 millionn term and revolving credit facility agreementwith Misys. Misys planned on using the money, in to fund part of the $330 million it needse to pay to geta 54.5 perceny stake in the combined Allscripts-Misys. But this Lehman (NYSE: LEH) filed for Chapter 11 bankruptcgy protection afterit couldn’t find a buyer or get the governmentt to agree to a That, Misys says, makes it unclear whethee Lehman will be able to give Misyas the promised money. Misys says it has startedc to look for other funding and is in talksswith “several” debt providers.
Misys Healthcare, a division of the Britisj companyMisys plc, to buy control of Allscripts MDRX), which is based in Both companies make health-care software for physicians The deal will have a majorr impact on the Triangle. Misys Healthcare has its headquarters and about 700 workersin Raleigh, while Allscripts has more than 300 employeeas in Cary. After the deal closes, the combinee Misys-Allscripts will move its HQ to Chicago. Layoffa also are expected, though the companies both have saidthey won’gt comment on what will happen to employees untipl after the deal closes.
In a statement, Allscriptx CEO Glen Tullman says the companyt still supports Misys in its effortw to find funding and closwthe deal. “While the events surroundinh Lehman Brothersare unfortunate, we nevertheleses remain excited about the transactions with Misys and believre they are in the best interests of our stockholders and Tullman’s statement says. Allscripts has pushed back a shareholder scheduled to takeplacre Sept. 22, to Oct. 6 in an effort to give Misyws time tofind money.
Closing of the deal is not subjectt to afinancing condition, a statement
Lehman, the Wall Street giant, had committed to a $305 millionn term and revolving credit facility agreementwith Misys. Misys planned on using the money, in to fund part of the $330 million it needse to pay to geta 54.5 perceny stake in the combined Allscripts-Misys. But this Lehman (NYSE: LEH) filed for Chapter 11 bankruptcgy protection afterit couldn’t find a buyer or get the governmentt to agree to a That, Misys says, makes it unclear whethee Lehman will be able to give Misyas the promised money. Misys says it has startedc to look for other funding and is in talksswith “several” debt providers.
Misys Healthcare, a division of the Britisj companyMisys plc, to buy control of Allscripts MDRX), which is based in Both companies make health-care software for physicians The deal will have a majorr impact on the Triangle. Misys Healthcare has its headquarters and about 700 workersin Raleigh, while Allscripts has more than 300 employeeas in Cary. After the deal closes, the combinee Misys-Allscripts will move its HQ to Chicago. Layoffa also are expected, though the companies both have saidthey won’gt comment on what will happen to employees untipl after the deal closes.
In a statement, Allscriptx CEO Glen Tullman says the companyt still supports Misys in its effortw to find funding and closwthe deal. “While the events surroundinh Lehman Brothersare unfortunate, we nevertheleses remain excited about the transactions with Misys and believre they are in the best interests of our stockholders and Tullman’s statement says. Allscripts has pushed back a shareholder scheduled to takeplacre Sept. 22, to Oct. 6 in an effort to give Misyws time tofind money.
Closing of the deal is not subjectt to afinancing condition, a statement
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