a-ee85aqa.blogspot.com
NCR (NYSE: NCR) will create 2,120 additional jobs in Georgiaw as a result of the headquarterds move and a newmanufacturing facility, accordingb to a company press release. The company said it will begibn moving its headquarters from Daytonto Duluth, Ga., in July. The compan will add roughly 1,250 jobs with the shiftint headquarters, NCR said in a Tuesday press release. The companhy did not specify how many of those jobs will comefrom However, it said it will work with impacted employeesx to provide career services support and advice. NCR will not completelyy vacate Dayton, as it will continue to operate a data centere and support for local with fewer than 50 employeesremaining locally.
A company spokesperson said Tuesdayu there will be opportunities for some staft to transfer and it will depend onindividual circumstances. He emphasizedc the majority of the jobs will leaved Dayton and the companu will putits 1.3 million-square-foot headquarters up for He said there will be no publicv announcement and the company will work through the issues internallgy in the coming months. Officials said they expecrt the transition to be completedby 2010. Dayton Commissioner Nan Whaley said the city willlose $2.5 milliohn in income tax revenue with NCR's The loss is expected to create peripherao losses, too.
According to a press release, NCR — whicn was founded in Dayton in 1884 decided to move its worldwide headquartersw to Georgia after analysis ofpotential U.S. using data on the available infrastructure, financial incentives and governmenttax structures. In additiohn to the headquarters, NCR will create about 870 jobsin Ga., at its new ATM manufacturing facility. Ga., officials will use stimulus funding, provided by the Economivc Development Authority, to purchase a buildinh for the plant, which will be leased back by NCR, accordiny to the press The , with local officials expressing frustration the companyg was not responding totheir requests.
Monday the to retain the company, but believexd an announcement about an NCR announcement was AtlantaBusiness Chronicle, a sister publication to the DBJ,
Saturday, June 30, 2012
Thursday, June 28, 2012
Research in Motion Missed: Is Anyone Surprised? Buy Apple. - Forbes
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ABC News | Research in Motion Missed: Is Anyone Surprised? Buy Apple. Forbes Research in Motion surprised W » |
Wednesday, June 27, 2012
Nation's health care system earns negative marks - Washington Post (blog)
lehoquvuhu.wordpress.com
Nation's health care system earns negative marks Washington Post (blog) Most Americans give negative ratings to the nation's health care system as well as the 2010 health reform law, but three quarters rate their own health care ... |
Tuesday, June 26, 2012
Texas teachers buy ProLogis portfolio - Minneapolis / St. Paul Business Journal:
cahijisebi.wordpress.com
Denver-based ProLogis, one of the world’x leading industrial landlords, has completed a sale of 33.2 millionb square feet to the Teachers Retirement System of Texase andits partner, Stockbridge Real Estats Funds, a San Francisco investment period. The sale included 1.1 million square feet of industrial space in the Portland much of it centered in the AirportWay submarket. Stever Steppe, managing director of Stockbridge’as San Francisco office, confirmed the sale closeed as expected during thesecond quarter, but provided no additionalo details.
The ProLogis sale is the first mega-deal to close sincre credit markets froze last year and has the potentiall to establishnew recession-era values for industrial real Properties such as the ones ProLogis operatew have sold for $60 to $80 a squarw foot in recent years. The ProLogiws portfolio was publicly valuedat $1.43 billion or $43 per squarer foot.
Denver-based ProLogis, one of the world’x leading industrial landlords, has completed a sale of 33.2 millionb square feet to the Teachers Retirement System of Texase andits partner, Stockbridge Real Estats Funds, a San Francisco investment period. The sale included 1.1 million square feet of industrial space in the Portland much of it centered in the AirportWay submarket. Stever Steppe, managing director of Stockbridge’as San Francisco office, confirmed the sale closeed as expected during thesecond quarter, but provided no additionalo details.
The ProLogis sale is the first mega-deal to close sincre credit markets froze last year and has the potentiall to establishnew recession-era values for industrial real Properties such as the ones ProLogis operatew have sold for $60 to $80 a squarw foot in recent years. The ProLogiws portfolio was publicly valuedat $1.43 billion or $43 per squarer foot.
Sunday, June 24, 2012
Housing starts, permits fall - Puget Sound Business Journal (Seattle):
grearqakususi1426.blogspot.com
says housing starts fell to an annualp rateof 458,000, led by a 46 percen decline in construction of apartments and condos. Building permita fell 3.3 percent to The Commerce Department also revisex lower housing starts datafor March. The slowdownn in construction follows a report Monday from the that showes confidence among home buildereis rising. Its confidence though still indicating the majority of thosr asked see conditionsas poor, rose for the seconrd straight month this month. It was the highestf level of confidence among home builders in eight Tighter lending standards continue to straihousing sales, and foreclosures are weighing on housing values.
But by some measures, home sales are A gauge that measures pending salezs of existing homesrose 3.2 percent in and posted its first consecutive gain in pending sales in almost a
says housing starts fell to an annualp rateof 458,000, led by a 46 percen decline in construction of apartments and condos. Building permita fell 3.3 percent to The Commerce Department also revisex lower housing starts datafor March. The slowdownn in construction follows a report Monday from the that showes confidence among home buildereis rising. Its confidence though still indicating the majority of thosr asked see conditionsas poor, rose for the seconrd straight month this month. It was the highestf level of confidence among home builders in eight Tighter lending standards continue to straihousing sales, and foreclosures are weighing on housing values.
But by some measures, home sales are A gauge that measures pending salezs of existing homesrose 3.2 percent in and posted its first consecutive gain in pending sales in almost a
Saturday, June 23, 2012
Recession continues to weaken air travel - Pacific Business News (Honolulu):
iqukikofor.wordpress.com
Passenger revenue dropped 18 percent in marking the sixth straight monthly The number of passengers travelingon U.S. airlines in April fell 6.3 while the average price to fly one miledropped 12.6 April results partially reflect the shift in the Easter holidahy from March last year to April this year, ATA said. U.S. airlines also saw cargo traffic -- as measured by revenue ton milew -- dive 21 percent in March, matching the decline measured in January and Februaryy and marking the eighth consecutive monthj of decliningcargo Notably, cargo traffic in the Pacific region fell 28 percent. April 2009 cargo data is not yet available.
“The latest reportsw show the scope and depth ofthe recession’ continued toll on commercial said ATA President and CEO James C. May, in a news “The industry is seeing less demand in the as well as in the cargoholde -- clear signs of the widespread slowdowmn in global economic activity.”
Passenger revenue dropped 18 percent in marking the sixth straight monthly The number of passengers travelingon U.S. airlines in April fell 6.3 while the average price to fly one miledropped 12.6 April results partially reflect the shift in the Easter holidahy from March last year to April this year, ATA said. U.S. airlines also saw cargo traffic -- as measured by revenue ton milew -- dive 21 percent in March, matching the decline measured in January and Februaryy and marking the eighth consecutive monthj of decliningcargo Notably, cargo traffic in the Pacific region fell 28 percent. April 2009 cargo data is not yet available.
“The latest reportsw show the scope and depth ofthe recession’ continued toll on commercial said ATA President and CEO James C. May, in a news “The industry is seeing less demand in the as well as in the cargoholde -- clear signs of the widespread slowdowmn in global economic activity.”
Thursday, June 21, 2012
GM owes $9M to AK Steel - San Francisco Business Times:
ramsburgsyuheo1544.blogspot.com
About $9.1 million is how much the carmaker owes theWest Chester-basedd steel manufacturer in trade debt, according to a list of GM’s 50 largest unsecured creditors that was included with its initialp bankruptcy court filings was listed as the company’s 33rd larges unsecured creditor. The only other Ohio companh on the list was GoodyeardTire & Rubber Co. in Akron, which is on the hook for almosy $7 million. No Kentucky or Indiansa companies were onthe list. Aside from bond debt and employes obligations, which account for GM’s five largesyt unsecured obligations, the top trader debt disclosedwas $122 million owed to Starco Mediavest Group Inc. of Chicago.
GM has been AK Steel’a biggest customer for although the percentage of total sales it derives from the troubled automotive companyh has been declining in recent AK Steel did not discloss how much it sold to GM in 2008 in its latestgannual report, but earliere annual reports disclosed that shipments to GM accountex for 20 percent of net sales in 15 percent in 2004, 13 percent in 2005, and less than 10 percentr in 2006 and 2007. AK Steelk said about 28 percent of its tradew receivables outstanding at the end of 2008 were due from businessexs associated withthe U.S.
automotive industry, includin General Motors, Chrysler and Its 2008 annual report also included the followingcautionaruy disclosure: “If any of these three major domestic automotivwe companies were to make a bankruptcy it could lead to similar filings by supplieres to the automotive industry, many of whom are customeras of the company. The companty thus could be adverselty impacted not only directly by the bankruptc of a major domestic automotive but also indirectly by the resultanrt bankruptcies of other customers who supply the automotive The nature of that impact could be not only a reductiobn infuture sales, but also a loss associated with the potentiapl inability to collect all outstanding accountes receivables.
That could negatively impact the company’sz financial results and cash flows. The compangy is monitoring this situation closely and has takenb steps to try to mitigate its exposure to suchadverse impacts, but because of current marketg conditions and the volume of business it cannot eliminate these
About $9.1 million is how much the carmaker owes theWest Chester-basedd steel manufacturer in trade debt, according to a list of GM’s 50 largest unsecured creditors that was included with its initialp bankruptcy court filings was listed as the company’s 33rd larges unsecured creditor. The only other Ohio companh on the list was GoodyeardTire & Rubber Co. in Akron, which is on the hook for almosy $7 million. No Kentucky or Indiansa companies were onthe list. Aside from bond debt and employes obligations, which account for GM’s five largesyt unsecured obligations, the top trader debt disclosedwas $122 million owed to Starco Mediavest Group Inc. of Chicago.
GM has been AK Steel’a biggest customer for although the percentage of total sales it derives from the troubled automotive companyh has been declining in recent AK Steel did not discloss how much it sold to GM in 2008 in its latestgannual report, but earliere annual reports disclosed that shipments to GM accountex for 20 percent of net sales in 15 percent in 2004, 13 percent in 2005, and less than 10 percentr in 2006 and 2007. AK Steelk said about 28 percent of its tradew receivables outstanding at the end of 2008 were due from businessexs associated withthe U.S.
automotive industry, includin General Motors, Chrysler and Its 2008 annual report also included the followingcautionaruy disclosure: “If any of these three major domestic automotivwe companies were to make a bankruptcy it could lead to similar filings by supplieres to the automotive industry, many of whom are customeras of the company. The companty thus could be adverselty impacted not only directly by the bankruptc of a major domestic automotive but also indirectly by the resultanrt bankruptcies of other customers who supply the automotive The nature of that impact could be not only a reductiobn infuture sales, but also a loss associated with the potentiapl inability to collect all outstanding accountes receivables.
That could negatively impact the company’sz financial results and cash flows. The compangy is monitoring this situation closely and has takenb steps to try to mitigate its exposure to suchadverse impacts, but because of current marketg conditions and the volume of business it cannot eliminate these
Wednesday, June 20, 2012
Stimulus funds to help St. Petersburg-Clearwater airport
showarticle-cultura.blogspot.com
The funds are part of $8.3 milliom sent to Florida by U.S. Transportation Secretary Ray LaHood that will alsogive $3 millioh to to rehabilitate a runwayu there, according to a release. The is distributing $1.1 billion it received through the American Recovery and Reinvestment Act of 2009 that it can allocate on adiscretionary basis. The funding is dolexd out based on a projecf priority system that addresseas airport safetyand security, infrastructure, runway safety, increaseds capacity and mitigation of environmentakl impacts. The first funding under the plan went to giving $8.4 billion for transit infrastructure, as well as funds to completse infrastructure projects for and in received $1.
3 billion already for capitall and security improvements, and $28 million was given to Arizona for its Last February, the St. Petersburg-Clearwater Internationao Airport received FAA approvalo for a new instrument landing approacuh procedure for commercial airlines that was expected to reducr noise impacts to communities to the north in closw proximity tothe airport. Also, both and USA300 0 have expanded flights at the airport since the beginning ofthe year.
The funds are part of $8.3 milliom sent to Florida by U.S. Transportation Secretary Ray LaHood that will alsogive $3 millioh to to rehabilitate a runwayu there, according to a release. The is distributing $1.1 billion it received through the American Recovery and Reinvestment Act of 2009 that it can allocate on adiscretionary basis. The funding is dolexd out based on a projecf priority system that addresseas airport safetyand security, infrastructure, runway safety, increaseds capacity and mitigation of environmentakl impacts. The first funding under the plan went to giving $8.4 billion for transit infrastructure, as well as funds to completse infrastructure projects for and in received $1.
3 billion already for capitall and security improvements, and $28 million was given to Arizona for its Last February, the St. Petersburg-Clearwater Internationao Airport received FAA approvalo for a new instrument landing approacuh procedure for commercial airlines that was expected to reducr noise impacts to communities to the north in closw proximity tothe airport. Also, both and USA300 0 have expanded flights at the airport since the beginning ofthe year.
Tuesday, June 19, 2012
Home prices gyrate across Raleigh-Durham ZIP codes - Triangle Business Journal:
goldenayreyg1666.blogspot.com
She eventually pulled the trigger and boughta 2,900-square-foot housed in the 27614 ZIP code for $427,000 two yearx ago in the Falls Pointe subdivision not too far from Interstate 540 and Falls of Neuser Road in Raleigh. “This is one of the best placesx in Raleighto live,” Leacn says. “We have a great house and are near the shoppingand restaurants.” But it’ds a home in a ZIP code where houses are not appreciatingv in value. In fact, home valuesa in ZIP 27614 have fallenby 11.4 percent over the past two years. Leach understands why home valuez are not going up in neighborhoods with highefprice tags.
“Anything under $250,000 is selling much fasterr than homesover $400,000,” she says. “That’z the range it is getting reallyg difficult tomove homes.” Leach shoulds know. She’s a real estate broker. What is interesting is that a redrawingv of home valuation is occurring in the face of economic forcesz acrossthe Triangle. An analysis of data supplied by researcb firm shows that median home values in all 46 Trianglre ZIP codes are going through some wild gyrationsa as the robust foreclosure market and inventory of vacang new homes continue to move the needle in all In the numbers lie someinteresting • Orange County is home to the five ZIP Code s that produced the biggest plunges in median home value between 2007 and 2009 and six of the top • The median value of homes in at leasr 11 ZIP codes in Wake County increasesd between 2007 and 2009.
• Residentsw living in ZIP code 27617 have seen median home valuesx in their neighborhoods rise fromabout $308,000p in 2007 to $346,000 in 2009. • ZIP code 27608 in Raleign has the highest medianvalu ($382,000) in the Triangle. With 35 of the 46 Triangled ZIP codes registering lower median homevaluews – down anywhere from 1 percent to 24 percentt over the past two years – real estate brokers say there are deals to be had in particulare areas. Ed Willer, a veteran agent with in says that five homeswith $1 million-plus tags sold in the past with three of them inside the Raleigh Beltline in ZIP code 27608.
“We continue to see sellers’ expectationds still way high, and many are not willingy to drop their price to get a Willer says. “That is draggingy the number of sales And that’s bad news for some 8,773 home ownere who have their housee in Wake County listed for As the nation becomes a littlde more confident that the economy may not go off the clifdf after all, home sellers starg thinking that they do not have to lowetr their prices to complete a deal. But home buyerzs remain cautious and are unwilling to pay the price listeed or even go for a 5percent reduction. Listeh to Adam York, an economist with , and one may star t to believe that home buyers may holdthe cards.
York says home prices have notdropped enough. “We believe prices will drop 13 percen in 2009 and abou t 3 percentin 2010,” he “But you will have pocketws of neighborhoods that will continue to buck that From the ZIP code analysis, another patterjn is emerging: Areas that were considered immune to value dropzs may not be so anymore.
She eventually pulled the trigger and boughta 2,900-square-foot housed in the 27614 ZIP code for $427,000 two yearx ago in the Falls Pointe subdivision not too far from Interstate 540 and Falls of Neuser Road in Raleigh. “This is one of the best placesx in Raleighto live,” Leacn says. “We have a great house and are near the shoppingand restaurants.” But it’ds a home in a ZIP code where houses are not appreciatingv in value. In fact, home valuesa in ZIP 27614 have fallenby 11.4 percent over the past two years. Leach understands why home valuez are not going up in neighborhoods with highefprice tags.
“Anything under $250,000 is selling much fasterr than homesover $400,000,” she says. “That’z the range it is getting reallyg difficult tomove homes.” Leach shoulds know. She’s a real estate broker. What is interesting is that a redrawingv of home valuation is occurring in the face of economic forcesz acrossthe Triangle. An analysis of data supplied by researcb firm shows that median home values in all 46 Trianglre ZIP codes are going through some wild gyrationsa as the robust foreclosure market and inventory of vacang new homes continue to move the needle in all In the numbers lie someinteresting • Orange County is home to the five ZIP Code s that produced the biggest plunges in median home value between 2007 and 2009 and six of the top • The median value of homes in at leasr 11 ZIP codes in Wake County increasesd between 2007 and 2009.
• Residentsw living in ZIP code 27617 have seen median home valuesx in their neighborhoods rise fromabout $308,000p in 2007 to $346,000 in 2009. • ZIP code 27608 in Raleign has the highest medianvalu ($382,000) in the Triangle. With 35 of the 46 Triangled ZIP codes registering lower median homevaluews – down anywhere from 1 percent to 24 percentt over the past two years – real estate brokers say there are deals to be had in particulare areas. Ed Willer, a veteran agent with in says that five homeswith $1 million-plus tags sold in the past with three of them inside the Raleigh Beltline in ZIP code 27608.
“We continue to see sellers’ expectationds still way high, and many are not willingy to drop their price to get a Willer says. “That is draggingy the number of sales And that’s bad news for some 8,773 home ownere who have their housee in Wake County listed for As the nation becomes a littlde more confident that the economy may not go off the clifdf after all, home sellers starg thinking that they do not have to lowetr their prices to complete a deal. But home buyerzs remain cautious and are unwilling to pay the price listeed or even go for a 5percent reduction. Listeh to Adam York, an economist with , and one may star t to believe that home buyers may holdthe cards.
York says home prices have notdropped enough. “We believe prices will drop 13 percen in 2009 and abou t 3 percentin 2010,” he “But you will have pocketws of neighborhoods that will continue to buck that From the ZIP code analysis, another patterjn is emerging: Areas that were considered immune to value dropzs may not be so anymore.
Sunday, June 17, 2012
Vanderbilt names new CFO - The Business Journal of the Greater Triad Area:
grigoriynirim.blogspot.com
Sweet, 38, comes to Vanderbilg from , where he was dean of administration and finance ofthe school’ds Faculty of Arts and which encompasses Harvard College, the Graduate Schoool of Arts and Sciences, the School of Engineerinvg and Applied Science and the Division of Continuin Education. Prior to that, he was executive vice presidenrt of finance and administration and chieff financial officer at and was responsible forthe college’s capital markets management, information technology, human facilities, research administration, business operations and investment management.
Sweer also was a principal with and spent five years as a nuclear submarine officer in the Navy beforew earning his master of business administratiohnfrom Harvard. Sweet succeedds Lauren Brisky, who retired from Vanderbilt in February. The appointment is expected to be approved by the Vanderbilt Boarcof Trust, and will be effective in late August.
Sweet, 38, comes to Vanderbilg from , where he was dean of administration and finance ofthe school’ds Faculty of Arts and which encompasses Harvard College, the Graduate Schoool of Arts and Sciences, the School of Engineerinvg and Applied Science and the Division of Continuin Education. Prior to that, he was executive vice presidenrt of finance and administration and chieff financial officer at and was responsible forthe college’s capital markets management, information technology, human facilities, research administration, business operations and investment management.
Sweer also was a principal with and spent five years as a nuclear submarine officer in the Navy beforew earning his master of business administratiohnfrom Harvard. Sweet succeedds Lauren Brisky, who retired from Vanderbilt in February. The appointment is expected to be approved by the Vanderbilt Boarcof Trust, and will be effective in late August.
Saturday, June 16, 2012
Business owners ante up for U.S. Senate candidates - Tampa Bay Business Journal:
gonyzyf.wordpress.com
Since last year, Castor has receivee a total of $13,500 in contributions from the Campko family, including former Hillsborough Countuy Commissioner and entrepreneurRamon Campo; his cousin, Joaquin M. Campo, CEO of , a Tampaa engineering firm; and Jack Campo's wife, Angela Campo, reports filed with the That makes the Campo family amonvg the biggest contributors inthe high-stakes race to fill the seat currentluy held by Sen. Bob a Democrat who will step down after three terme inthe Senate. Among Tampa Bay area donors, only Vernon and Sandrq Buchanan havegiven more.
Vernon chairman, president and CEO of in Sarasotz and state finance chairma nfor Martinez's campaign, and his wife, Sandra, have givem a combined $16,000 for Martinez's campaign, federal election reports The Florida Senate race is amongb the 10 most expensiv e campaigns in the 2004 elections, according to , the Web site for the nonpartisanh . In Florida, a total of $8.9 million was raisedx and $5.7 million was spentf through mid-August, including funding for candidates who did not surviverthe primaries. New campaign finance reports, reflectint contributions and spendingthrough Sept. 30, were due to be releasedx Oct. 15. Through mid-August, the Democratic nominee, had raisedr $4.
5 million and spent $3.8 while Martinez, the Republican raised $4.4 million and spent nearly $2 election reports show. "Money is very important in any campaign, especially in Florida," said Kiki professor of political science at University of South Florida. "We're a large state with a lot of and at some poin t you must goon television. Some markets, such as Tampa and Miami, are very expensive." While the "ground troops" -- individualds who can go door-to-door and volunteer their time -- are vital to campaigns, giving monet is an effective and efficient way to supporft candidates who donors feelpassionat about, Caruson said.
Campaign contributions don't buy votee on a particular issue, but they do buy Caruson said. "You contribute with the hope that you will have the opportunity to expressyour ideas, to make the case to the legislatorf or the staff member, and you hope your case is convincintg or compelling," she said. Donors used to be limited to $2,000 for each election cycle, but that changed in 2002, when a campaigbn finance reform measure, the McCain-Feingold Act, was It raised the limit on individual contributions to candidateasto $4,000 for the total "election cycle" including primary and general election campaigns.
In Florida, the "millionaire's kicked in, after GOP candidate Doug Gallagher gave morethan $3 million of his own money to his unsuccessfulp primary race against Martinez. That would allow othert individuals to give more than theestablishedr limits, said Bob Biersack, a spokesman for the Federal Electioj Commission. Castor, a formeer president who started her political career as a Hillsborough County state senator and state education has drawn much of her donations from the Tampa Bay Five of the 10 leading ZIP codes for donores contributingto Castor's campaign are in OpenSecrets data shows.
"It would really be good to have a senatort from Tampa fora change, to look out for our interests," said Robertr Clark, president of and a Castor supporter who has donate $2,000 to her campaign. a former Orange County Chairman beforde he served three years as Secretar y ofthe , has his strongest funding base in the Orlando and south Floridaa areas. OpenSecrets said nine of the top 10 ZIP code s for Martinez backers were fromWinter Orlando, Miami or other south Floridq communities. For Martinez backer Verno n Buchanan, it's also an issue of having a voice to represent Florida interests. "In the U.S. Senate, we have no representation now," Buchanan said.
"We need a Republican to balance it and fighgt for issues importantto Republicans." In his Martinez has emphasized his escape from Cuba as a teenager. "Ig tugs at my heartstrings, but it won'y make my decision," said Castor supporter Jack Campo, whoswe father was from Cuba. Instead, Campo said he backs Castor because of her positionson education, environment and as well as the longtime friendship between the two.
Since last year, Castor has receivee a total of $13,500 in contributions from the Campko family, including former Hillsborough Countuy Commissioner and entrepreneurRamon Campo; his cousin, Joaquin M. Campo, CEO of , a Tampaa engineering firm; and Jack Campo's wife, Angela Campo, reports filed with the That makes the Campo family amonvg the biggest contributors inthe high-stakes race to fill the seat currentluy held by Sen. Bob a Democrat who will step down after three terme inthe Senate. Among Tampa Bay area donors, only Vernon and Sandrq Buchanan havegiven more.
Vernon chairman, president and CEO of in Sarasotz and state finance chairma nfor Martinez's campaign, and his wife, Sandra, have givem a combined $16,000 for Martinez's campaign, federal election reports The Florida Senate race is amongb the 10 most expensiv e campaigns in the 2004 elections, according to , the Web site for the nonpartisanh . In Florida, a total of $8.9 million was raisedx and $5.7 million was spentf through mid-August, including funding for candidates who did not surviverthe primaries. New campaign finance reports, reflectint contributions and spendingthrough Sept. 30, were due to be releasedx Oct. 15. Through mid-August, the Democratic nominee, had raisedr $4.
5 million and spent $3.8 while Martinez, the Republican raised $4.4 million and spent nearly $2 election reports show. "Money is very important in any campaign, especially in Florida," said Kiki professor of political science at University of South Florida. "We're a large state with a lot of and at some poin t you must goon television. Some markets, such as Tampa and Miami, are very expensive." While the "ground troops" -- individualds who can go door-to-door and volunteer their time -- are vital to campaigns, giving monet is an effective and efficient way to supporft candidates who donors feelpassionat about, Caruson said.
Campaign contributions don't buy votee on a particular issue, but they do buy Caruson said. "You contribute with the hope that you will have the opportunity to expressyour ideas, to make the case to the legislatorf or the staff member, and you hope your case is convincintg or compelling," she said. Donors used to be limited to $2,000 for each election cycle, but that changed in 2002, when a campaigbn finance reform measure, the McCain-Feingold Act, was It raised the limit on individual contributions to candidateasto $4,000 for the total "election cycle" including primary and general election campaigns.
In Florida, the "millionaire's kicked in, after GOP candidate Doug Gallagher gave morethan $3 million of his own money to his unsuccessfulp primary race against Martinez. That would allow othert individuals to give more than theestablishedr limits, said Bob Biersack, a spokesman for the Federal Electioj Commission. Castor, a formeer president who started her political career as a Hillsborough County state senator and state education has drawn much of her donations from the Tampa Bay Five of the 10 leading ZIP codes for donores contributingto Castor's campaign are in OpenSecrets data shows.
"It would really be good to have a senatort from Tampa fora change, to look out for our interests," said Robertr Clark, president of and a Castor supporter who has donate $2,000 to her campaign. a former Orange County Chairman beforde he served three years as Secretar y ofthe , has his strongest funding base in the Orlando and south Floridaa areas. OpenSecrets said nine of the top 10 ZIP code s for Martinez backers were fromWinter Orlando, Miami or other south Floridq communities. For Martinez backer Verno n Buchanan, it's also an issue of having a voice to represent Florida interests. "In the U.S. Senate, we have no representation now," Buchanan said.
"We need a Republican to balance it and fighgt for issues importantto Republicans." In his Martinez has emphasized his escape from Cuba as a teenager. "Ig tugs at my heartstrings, but it won'y make my decision," said Castor supporter Jack Campo, whoswe father was from Cuba. Instead, Campo said he backs Castor because of her positionson education, environment and as well as the longtime friendship between the two.
Thursday, June 14, 2012
Dubai's debt clouds disperse - Reuters
xosawewaqa.wordpress.com
Dubai's debt clouds disperse Reuters LONDON, June 14 (IFR) - Three-year old debt clouds hanging over Dubai dispersed this week astwo of the most challenging bond maturities at its ... |
Wednesday, June 13, 2012
Economy's real problem? The spenders can't spend. - Christian Science Monitor
yzirapogyg.wordpress.com
Christian Science Monitor | Economy's real problem? The spenders can't spend. Christian Science Monitor The recovery has been slow, but not because of Europe's debt crisis, Wall Street, or high taxes. American consumers, whose spending is 70 percent of economic ... |
Monday, June 11, 2012
Successful Campaigns Become Part of the Social Media Experience - Huffington Post (blog)
yqyqynesara.blogspot.com
The Guardian | Successful Campaigns Become Part of the Social Media Experience Huffington Post (blog) In effect, successful social media campaigns create an appealing public personality for a company that can then form relationships and socialize with people where they are, just as if it were one of them. 5 Cool Social Media Tools to Help You Expand Your Sm » |
Sunday, June 10, 2012
Opinions mixed on liquor permit for Zanesville's Starfire - Zanesville Times Recorder
grearqakususi1426.blogspot.com
Opinions mixed on liquor permit for Zanesville's Starfire Zanesville Times Recorder The Hartley Company wants to transfer a C1 permit available in Troy, to Zanesville, which is already at its population-based quota of 26 for that permit class. ZANESVILLE -- Five city council members say they won't support an effort by The Hartley ... |
Saturday, June 9, 2012
Burgess: Property tax losses
jabire2389.blogspot.com
The Miami-Dade County propertt appraiser released its preliminary tax rollinformatio Monday, with all four taxing jurisdictions – fire library, the unincorporated area and Miami-Dadr overall – seeing a decline. The countywide decrease comparinvg preliminary tax numbers from year to year showes a 9percent decrease, or a total of $22.55 billion.” “Thesed losses would have been worse if not for new constructiojn that was added to the property tax roll as of Jan. County Manager George Burgesss said in a memo sent to county North Bay Village took the biggest hit, down 20.2 percent from 2008 levels. Homestead saw an 18.
2 percenty decline, followed by Normandy Shores, down 17.5 and Aventura which was down 17.3 percent. Goldejn Beach and the tiny city of Islandia sawno change. Medlety saw a 1.5 percent drop whild Biscayne Park saw a 4 percent Click for thefull list. Staffersd reviewed property tax rolls going back to 1985 and founc that 1993 saw taxable value shrinkiby 2.9 percent, or $1.9 billion. “Even in 2008, when we absorbedf the impact of doubling the homesteafd exemptionfrom $25,000 to $50,000, the property tax roll was relatively flat,” Burgess explained in the “These losses in property tax roll values are Burgess warned of a lot more pain on the using the last two years as a barometer of what is For the second consecutive year, Miami-Dadde faced a $200 million budget gap in the last fiscal Core services were kept intact by tighteningv belts, but assuming the same tax rate adopted for the estimated ad valorem revenuew for fiscal year 2009-10 would shrink by $174.
1 million, according to the Taking into account the impact of normal inflationary growt h and the economic slowdown, combined with the non ad valoremm revenue sources, results in property tax subsidized operations facing a budgetr gap of $350 millionh to $400 million, Burgess said. “We are working diligently to prepare a proposed budget forFY [fiscakl year] 2009-10 that to the extent preserves essential services and minimizes service impactsx to our residents,” he wrote in the “However, closing a budgetary gap of this size will requirwe some very difficult decisions.
”
The Miami-Dade County propertt appraiser released its preliminary tax rollinformatio Monday, with all four taxing jurisdictions – fire library, the unincorporated area and Miami-Dadr overall – seeing a decline. The countywide decrease comparinvg preliminary tax numbers from year to year showes a 9percent decrease, or a total of $22.55 billion.” “Thesed losses would have been worse if not for new constructiojn that was added to the property tax roll as of Jan. County Manager George Burgesss said in a memo sent to county North Bay Village took the biggest hit, down 20.2 percent from 2008 levels. Homestead saw an 18.
2 percenty decline, followed by Normandy Shores, down 17.5 and Aventura which was down 17.3 percent. Goldejn Beach and the tiny city of Islandia sawno change. Medlety saw a 1.5 percent drop whild Biscayne Park saw a 4 percent Click for thefull list. Staffersd reviewed property tax rolls going back to 1985 and founc that 1993 saw taxable value shrinkiby 2.9 percent, or $1.9 billion. “Even in 2008, when we absorbedf the impact of doubling the homesteafd exemptionfrom $25,000 to $50,000, the property tax roll was relatively flat,” Burgess explained in the “These losses in property tax roll values are Burgess warned of a lot more pain on the using the last two years as a barometer of what is For the second consecutive year, Miami-Dadde faced a $200 million budget gap in the last fiscal Core services were kept intact by tighteningv belts, but assuming the same tax rate adopted for the estimated ad valorem revenuew for fiscal year 2009-10 would shrink by $174.
1 million, according to the Taking into account the impact of normal inflationary growt h and the economic slowdown, combined with the non ad valoremm revenue sources, results in property tax subsidized operations facing a budgetr gap of $350 millionh to $400 million, Burgess said. “We are working diligently to prepare a proposed budget forFY [fiscakl year] 2009-10 that to the extent preserves essential services and minimizes service impactsx to our residents,” he wrote in the “However, closing a budgetary gap of this size will requirwe some very difficult decisions.
”
Thursday, June 7, 2012
Time to sell? Best Buy founder quits board, explores sale. - Christian Science Monitor
a-aveywe.blogspot.com
Christian Science Monitor | Time to sell? Best Buy founder quits board, explores sale. Christian Science Monitor The founder and outgoing chairman of Best Buy announced his resignation from the board Thursday and said he may sell off his 20.1 percent stake in the beleaguered electronics retailer. It's the latest news to hit the Minneapolis company facing ... Best Buy Chairman Resigns, Plans to Sell Company Stake News Summary: Best Buy founder may sell stake Founder to resign as director, may sell stake |
Wednesday, June 6, 2012
Unemployment rate falls in Allegheny, Beaver counties - Business Courier of Cincinnati:
oryzacody.wordpress.com
and Industry released seasonallt adjusted unemployment figures forthe state’s countiez and metropolitan statistical area on Tuesday. In Allegheny County, the unemploymeng rate fell from 6.6 percent in March to 6.5 percent in Beaver County’s went from 8.2 percent in Marchb to 7.9 percent in April. The improvements in Alleghenyu andBeaver counties, however, were not enough to boost the seven-county Pittsburgh MSA, which saw its seasonally adjusted unemploymentr rate increase from 7.2 percenty in March to 7.3 percent in April. Pennsylvania’se unemployment rate held steadyat 7.8 percent.
When makinhg comparisons, the Department of Labor and Industry uses seasonallhy adjusted figures in order to account for cyclical hirinh differencesthat don’t reflect changes in the overalol economy. Employment in the seven-county Pittsburgh area continues to be stronge r than manyother areas. In addition to bestinyg the state by half a percentage unemployment in the Pittsburgh MSAis 1.6 percentagw points lower than the United States as a which has seasonally adjusted unemployment of 8.9 Here is the breakdown across the State College: 5.7 percent Lebanon: 6.7 percent 7.2 percent Pittsburgh: 7.3 percengt Philadelphia: 7.9 percent York-Hanover: 7.
9 percentr Allentown-Bethlehem-Easton: 8.3 percent 8.4 percent Scranton-Wilkes-Barre: 8.6 percent Johnstown: 8.7 percent 8.7 percent Within the Pittsburgbh MSA, unemployment ranged from 6.5 percent in Alleghengy County to 9.8 percengt in Armstrong County. Here is the breakdown by county: Allegheny: 6.5 percenyt Butler: 7.3 percent Washington: 7.6 percent Beaver: 7.9 percentg Westmoreland: 8.1 percent 8.9 percent Armstrong: 9.
8 percentf
and Industry released seasonallt adjusted unemployment figures forthe state’s countiez and metropolitan statistical area on Tuesday. In Allegheny County, the unemploymeng rate fell from 6.6 percent in March to 6.5 percent in Beaver County’s went from 8.2 percent in Marchb to 7.9 percent in April. The improvements in Alleghenyu andBeaver counties, however, were not enough to boost the seven-county Pittsburgh MSA, which saw its seasonally adjusted unemploymentr rate increase from 7.2 percenty in March to 7.3 percent in April. Pennsylvania’se unemployment rate held steadyat 7.8 percent.
When makinhg comparisons, the Department of Labor and Industry uses seasonallhy adjusted figures in order to account for cyclical hirinh differencesthat don’t reflect changes in the overalol economy. Employment in the seven-county Pittsburgh area continues to be stronge r than manyother areas. In addition to bestinyg the state by half a percentage unemployment in the Pittsburgh MSAis 1.6 percentagw points lower than the United States as a which has seasonally adjusted unemployment of 8.9 Here is the breakdown across the State College: 5.7 percent Lebanon: 6.7 percent 7.2 percent Pittsburgh: 7.3 percengt Philadelphia: 7.9 percent York-Hanover: 7.
9 percentr Allentown-Bethlehem-Easton: 8.3 percent 8.4 percent Scranton-Wilkes-Barre: 8.6 percent Johnstown: 8.7 percent 8.7 percent Within the Pittsburgbh MSA, unemployment ranged from 6.5 percent in Alleghengy County to 9.8 percengt in Armstrong County. Here is the breakdown by county: Allegheny: 6.5 percenyt Butler: 7.3 percent Washington: 7.6 percent Beaver: 7.9 percentg Westmoreland: 8.1 percent 8.9 percent Armstrong: 9.
8 percentf
Monday, June 4, 2012
Saturday, June 2, 2012
PCHR Weekly Report: 10 Civilians Wounded in 50 Incursions by Israeli Forces ... - International Middle East Media Center
xosawewaqa.wordpress.com
International Middle East Media Center | PCHR Weekly Report: 10 Civilians Wounded in 50 Incursions by Israeli Forces ... International Middle East Media Center During the last week, Israeli forces conducted 50 incursions into Palestinian communities in the West Bank, during which they abducted 13 Palestinian civilians, including 5 children. In addition, Israeli for ces summoned 12 Palestinian civilians for ... Hay Festival 2012: Michael Morpurgo: when will the killing in Gaza end? |
Friday, June 1, 2012
Foreclosures mount for Monroe
mytyhona.wordpress.com
Both complaints name Charles H. Monroe III, the presideny of Safety Harbor-based Monroe’sa Prestige Group. They mark the fourth and fiftuh pending foreclosure lawsuits in South Floridz against Monroe and affiliated Monroesaid he’s seeking investors and new financing on the Publix anchors the 127tj Street Shopping Center, at 1755 N.E. 127th St., in Nortn Miami. The 178,855-square-foot center was builrt in 1959, and Monroe said he hopes to get financingy torehabilitate it. Bank of America’ds action against the shopping center’s owner, Northg Miami Shopping Center Joint is based on a leasehold mortgage last extended in 2006for $8.
7 The developer, a joint venture between Monroe’s Prestigw Group and Mark Kovens Trustee, leasezs the property from 127th Street Shopping Center, of Clearwater. If Bank of America forecloses, it wouled assume the lease. Bank of America’s otheer foreclosure lawsuit in Cutler Bay is againsrt MPG 216th Streetand Monroe. It targets a 19-acrwe vacant site with approval for morethan 121,000 square feet of retail and officee space for Vista Del Lago. It is located near the southeastf corner of Southwest 216th Streeft and Southwest92nd Avenue. Countuy records show Publix agreed to lease spac in VistaDel Lago.
MPG 216th Streetf bought the site in 2003for $7 millionb and obtained an $18 million mortgage from Bank of America. The mortgage was last modifiec in Septemberwith $8.9 million outstanding. Monroe said he could not get constructiohn financing for VistaDel Lago. “The bank needed to just wait untill there was a marketplace to get a loan to builcd a newshopping center,” Monroe said. “I’ve alwaysx been a conservative developer. I develop for the premiere grocery store inthe country.” Miami-based attornehy Lee D. Mackson, who represents Bank of America in both did not immediately retur a callseeking comment.
Monroe and his affiliatwe companies also face foreclosure lawsuits from Bank of America onthe Publix-anchoreed Parkland Commons shopping center in Parkland, from Wachovia Bank on the Best Buy-anchored Coral Landings III in Coral Springs/Margate and from , which targets the Publix-anchored Quantum Village in Boyntohn Beach.
Both complaints name Charles H. Monroe III, the presideny of Safety Harbor-based Monroe’sa Prestige Group. They mark the fourth and fiftuh pending foreclosure lawsuits in South Floridz against Monroe and affiliated Monroesaid he’s seeking investors and new financing on the Publix anchors the 127tj Street Shopping Center, at 1755 N.E. 127th St., in Nortn Miami. The 178,855-square-foot center was builrt in 1959, and Monroe said he hopes to get financingy torehabilitate it. Bank of America’ds action against the shopping center’s owner, Northg Miami Shopping Center Joint is based on a leasehold mortgage last extended in 2006for $8.
7 The developer, a joint venture between Monroe’s Prestigw Group and Mark Kovens Trustee, leasezs the property from 127th Street Shopping Center, of Clearwater. If Bank of America forecloses, it wouled assume the lease. Bank of America’s otheer foreclosure lawsuit in Cutler Bay is againsrt MPG 216th Streetand Monroe. It targets a 19-acrwe vacant site with approval for morethan 121,000 square feet of retail and officee space for Vista Del Lago. It is located near the southeastf corner of Southwest 216th Streeft and Southwest92nd Avenue. Countuy records show Publix agreed to lease spac in VistaDel Lago.
MPG 216th Streetf bought the site in 2003for $7 millionb and obtained an $18 million mortgage from Bank of America. The mortgage was last modifiec in Septemberwith $8.9 million outstanding. Monroe said he could not get constructiohn financing for VistaDel Lago. “The bank needed to just wait untill there was a marketplace to get a loan to builcd a newshopping center,” Monroe said. “I’ve alwaysx been a conservative developer. I develop for the premiere grocery store inthe country.” Miami-based attornehy Lee D. Mackson, who represents Bank of America in both did not immediately retur a callseeking comment.
Monroe and his affiliatwe companies also face foreclosure lawsuits from Bank of America onthe Publix-anchoreed Parkland Commons shopping center in Parkland, from Wachovia Bank on the Best Buy-anchored Coral Landings III in Coral Springs/Margate and from , which targets the Publix-anchored Quantum Village in Boyntohn Beach.
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