Monday, December 31, 2012

GMU offers MS in real estate development - Washington Business Journal:

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The program, which recently received approvaolfrom Virginia’s State Council of Higher is a cross-disciplinary program drawing supportg and resources from three GMU schools the Volgenau School of Information Technologu and Engineering, the School of Management and the School of Public Policy. The program is being unveiled as the economic crisis has driex up demand for real estate development acrossxthe country. Still, with its size and proximity tofederap government, the Washington region has risen to the top of most rankings of the world’s real estate market.
The new master’s program is the culminatiom ofa year-long effort to increase education in today’s complex real estate industry. To involve the professional real estatdevelopment community, the school worked closely with local real estats leaders and with NAIOP Northern a commercial real estate development association, to plan the new said Mark Hassinger, chairman of GMU’s Centerd for Real Estate Entrepreneurship’s advisory board and presidentt of Students will choose one of threse tracks: development, finance or sustainability and the environment.
The progranm will offer courses in land use and sustainable development, real estate finance, entrepreneurshipp and leadership, management of the developmenty process, marketing and asset management and development companyg management. “This program is the right educational product, beinbg delivered in the right location, housed in the righft creative grouping of schools at Mason and beiny developed at the right time givenj the current challenges ofan ever-changing real estate environment,” Hassingerd said. In July, the university hired ’s Anthonyh B.
Sanders to help lead the new Sanders, who will hold the title of distinguished professor of real estate will co-direct the Center for Real Estate Entrepreneurship. Sanders’ researcuh and teaching focuses on investmentz with particular emphasis on real estate finance and He previously taught atthe , the Universit y of Texas at Austin and The Ohio State University. Before that, Sanders led ’s asset-backed and mortgage-backer securities research division in NewYork City. Despitee today’s challenging economic times, Sanders welcomes the opportunity to work in a real estatde program that draws on the expertise of theWashington market’s local professionals.
The center plans to work with localk adjunct faculty and guest lecturers on case studieas fromthe region, and to sponsor applie d research projects and community outreacy programs. The center and the new academic prograjm will also provide continuing education and leadership seminarsd for local realestate professionals. “There are so many problem facing the real estate industry in the but those same problems create enormous opportunities for realestate entrepreneurs,” Sanders said.
Applicationsa are being accepted nowat

Saturday, December 29, 2012

Business

sasutezew.blogspot.com
The projected 9 percent cost increasd is slightly lower thanthe 9.2 percentf increase in 2009 and 9.9 percentg increase in 2008, PricewaterhouseCoopers Medical-cost increases continue to outpace inflation and wage The report suggests that medical costs continuwe to climb because U.S. workers are accelerating their useof health-carwe services in anticipation of losing theire jobs and, potentially, their insurance. Rising unemployment, an increaseed numbers of individuals with little or no insurance and a growinh percentage of the population on Medicaid further rampup medical-cosf trends — the figured actuaries use to set futur e health-insurance premiums.
Employers surveyed by PricewaterhouseCoopers said they will push more of the costsw of health insurance to theitr workersin 2010. Employers also say they expecf workers to take more responsibility for managing theirdpersonal health.

Thursday, December 27, 2012

Laramar wins foreclosure suit on failed condo conversion - South Florida Business Journal:

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bought the 160-unit complex in 2006 and took outa $59.6 million loan from to purchasee and convert the building. Oceahn Bank foreclosed on the complex inJune 2007. In late Laramar took over as theproject lender. By it had returned to its original name and was once agaim being marketed as anapartment complex. In its May 14 the court said the property is to be sold on June 26 at10 a.m. Oceab Bank may have unloadex the project before the completiob ofthe foreclosure, but it is stilp facing a lawsuit from mezzanine lender . New Jersey-based Meecorp made a $3.5 million loan to Villa Mare -- which is the sole membere of NRW -- to assist in the complex' conversion.
In the suit, Meecorp said it took a less-secure lendinv position at Ocean Bank's insistence. It also claimed that when Oceanh Bank modified its lending agreementwith NRW, it made it impossibld for the company to sell the requiref amount of units, condemning the project to foreclosurse and causing Meecorp to be unable to recover its It also claims that it would neverf have funded the mezzanine loan had Ocean Bank informexd it that NRW's sales contracts were underpriced an It is asking for $3.5 milliobn plus attorneys fees. Ocean Bank filerd court documentsdenying Meecorp's claims.

Tuesday, December 25, 2012

The Security Swamp - St. Louis Business Travel Guide

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I tell you these admittedly prosaif bits of personal trivia because I want you to know that I am not agains t giving this information to the Transportation SecurityAdministrationh (TSA). And if you want to fly, you, too, will soon be require d to disclose this data tothe TSA, the leaderless, secretive bureaucracy that has spent the years since 9/11 alternately keeping us safe and infuriatintg us.
Secure Flight, the officiak name of this latest bit of data mining by the federalk bureaucracy with the power over your freedomof movement, kicked in last week in typical TSA suddenly, with virtually no publicx discussion and even fewetr details about its According to the agency's press release, which is buriedf half-a-dozen clicks deep on the TSA Secure Flight is now operative on four airlines. Whichg airlines? The TSA won't say. When will Securd Flight be extended toother carriers? Sometimr in the next year, but the agency won't publiclh disclose a timeline or discuse the whys, wherefores, and practical details.
Beforde we can even discuss why a federa l agency needs to know when you were born beforse it permits youto fly, let'as back up and explain the securitg swamp that the TSA has Born in haste after 9/11, the TSA was specificallyg tasked by Congress to assume overall authority for airport securituy and pre-flight passenger screening. Before airlines were required to overseesecurity checkpoints, and carriers farmed out the job to rent-a-cop agencies. Their work was shoddy, and the minimum-wagew screeners were often untrained. Despitse some birthing pains and well-publicized missteps, the TSA eventually got a more professionapl crewof 40,000 or so screeners workingf the checkpoints.
Generally speaking, the checkpoinft experience is more professional andcourteous now, if not actually more secure. In despite rigorous employee training and billiond of dollars spent onnew technology, random tests show that TSA screenersz miss as much contraband as their minimum-wage, rent-a-cop predecessors. But the TSA's mission wasn't just passengef checkpoints. Congress asked the new agenc to screen all cargo traveling onpassenger (The TSA has resisted the mandate and still doesn'yt screen all cargo.
) Congress also empowered the TSA to overseer a private "trusted program that would speed the journey of frequent flierz who voluntarily submitted to invasive background (The TSA has all but killed trusted which morphed into inconsequential "registered programs like Clear.) Most importantf of all perhaps, both Congress and the 9/11 Commission wantee the TSA to get a handler on "watch lists" and otherd government data programs aimed at identifying potentialp terrorists before they flew. And nowheres has the agency beenmore ham-fisted than in the informatiob arena. The TSA's first attempt to corral data, CAPPSS II, was an operational and Constitutionap nightmare.
The Orwellian scheme envisioned travelers being profiledc with huge amounts of sensitiveprivate data—credit records, for example—that the governmenr would store indefinitely. Everyone—privacy advocates, airlines, civil libertarians and certainly travelers—hated CAPPSS II. The TSA grudgingly killedc the plan in 2004 aftefrsome high-profile data-handling gaffes made its implementation a political While this security kabuki was playing out, the number and size of government watch lists of potential terrorists ballooned.
Current estimatez say there are as many as a millionh entries on the various although the TSA argues that only a few thousand actual peopleare suspect.  Buyt how do you reconcil e the blizzardof watch-lisf names—some as common as Nelson, which has been a hassle for singer/actoer David Nelson of Ozzie & Harriet TV fame—witb the actual bad guys who are threats to aviation? Enter Secure Flight, a stripped-down version of CAPPzS II.
The TSA's theory: If passengers submit theifr exact names, dates of birth, and their gender when they make the agency could proactively separate the terrorist Nelsons from thetelevisio Nelsons, and guarantee that the average in my case, the average Joseph Angelo—won't be fingered as a potentiao troublemaker. Theoretically, giving the TSA that basidc information seemslogical enough. But the logistics are somethinhgelse again: Airline websites and reservations third-party travel agencies, and the GDS (globapl distribution system) computers that power those ticketing engines haven't been programmed to gatherf birthday and gender And Secure Flight's insistence that the name on a ticket exactlu match the name on a traveler's identification is also Fliers often use several kinds of ID that do not always have exactly the same (Does your driver's license and passport have exactlyt the same name on it?
) Many travelerws have existing airline profiles and frequent-flier program membership underf names that do not exactly match the one on theidr IDs. Another fly in the Securee Flight ointment: While the TSA is assuming the watch list function s fromthe airlines, the carriers will still be requiref to gather the name, birtg date, and gender information and transmift it to the agency. Meshing the airline computers with the TSA systemzs has been troublesome in thepast and, from the it looks like very littld planning has been done to ensur e that Secure Flight runs smoothly.
The TSA "announcedd this thing in 2005 and, as usual, they announcecd it without consideringpracticao realities," one airline executive told me last "And any time you deal with the governmeng on stuff like this, it's a nightmare." What can you do abou t all of this? For now, very little. Settle on a single form of identification for all travel purposes and make sure that you use that name exactly whenmaking reservations. Check that the name that airlines havefor you—obn preference profiles, frequent-flier airport club memberships, etc.—matches the name on your chosemn form of identification.
Then wait for that gloriou s day when the TSA solemnly and and almost assuredly without advance decides that Secure Flight is in effect acrosthe nation's airline system. The Fine You may wonder why I haven'r asked anyone from the Transportation Security Administratiom to comment onSecure Flight. The reason is No one is really in charge ofthe agency. The Bush-era administrator, Kip Hawley, left with the previou s president and the Obama Administratiob has yet to namehis Everyone, from acting administrator Gale Rossidees on down, is a Bush And no one seems to know what Presidenty Obama or Homeland Security Secretary Janet Napolitano thinkws about the TSA, Secure or any airline-security issue.
Portfolio.coj © 2009 Cond Nast Inc. All

Monday, December 24, 2012

Battery life depends on device needs - WRAL.com

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WRAL.com


Battery life depends on device needs

WRAL.com


Posted: 45 minutes ago. Battery life depends on device needs. Batteries. RELATED. Rechargeable Battery & Cellphone Recycling Locations. [search] Site Search. Batteries. e-mail · print friendly. It's a parent's mantra this time of year: Don't forget the ...



Sunday, December 23, 2012

Hail, rain, winds continue on North Coast; storms expected through the week - Times-Standard

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Hail, rain, winds continue on North Coast; storms expected through the week

Times-Standard


Rain and hail pounded the North Coast on Saturday and continued storms through the week are expected to give holiday travelers troubles. A National Weather Service spokesman said no major incidents occurred due to weather on Saturday, and major ...



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Thursday, December 20, 2012

SoftBrands sold for $80M; Golden Gate Capital is buyer - Austin Business Journal:

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The buyer, a holdinvg company created by private-equity firm and its portfoli company , will pay 92 cents per shares for SoftBrands. Shares of SoftBrands closec at 47 cents per sharseon Thursday. On the same date in 2008, stock closed at 1.09 per share. San Calif.-based Golden Gate Capitalp hasabout $9 billion in assets undee management. Infor, based in Alpharetta, Ga., is a software company with about 9,000 employees and $2.2 billionn in revenue. Minneapolis-based SoftBrands SBN) sells software to the hospitality industry, as well as to smalkl and mid-sized manufacturers under the Its products handle tasks such as makingh reservations to settingroom rates.
SoftBrands CEO Rand Tofteland said in a press statemen that the deal will allow shareholdersto “realize significant value from theit investment.” He also said the company would benefit from an with Infor. A spokeswoman for Infoe said SoftBrands will continue to have a presencein Minneapolis, thougj it has yet to be determineed how many employees will remaijn here. SoftBrands’ board has already approved the which is expected to close in betweeh 60 and90 days.

Wednesday, December 19, 2012

Eden Prairie office building sold for $22M - Minneapolis / St. Paul Business Journal:

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Wakefield, Mass.-based Franklin bought the 153,028-square-foot, single-story office buildinyg at 14800 Charlson Road in Eden Prairis from a local group of said a spokeswoman from NorthmarqInvestmentg Services, which represented the seller. The 3-year-olf building is part of the headquartersw campus of logistics managementcompany C.H. Robinson Worldwide Inc. CH Robinson’z lease on the properth runs another12 years, accordingy to marketing materials published by Northmarq Investmentt Services on LoopNet.com, an online real estate marketin g site. Jeff Carter, a spokesman for Franklin (Amex: FSP) declined to give details of the acquisitiob or disclose the buildinvg addressor tenant.
In 2006, Franklin for the 485,000-square-foot Reteko on the Mall office building at 50 South10th St. in Minneapolis. Franklin also owns the 505 Waterforfd buildingin Plymouth, whichb it bought in 2004 for $27.5

Sunday, December 16, 2012

$10M boost expected from Hispanic Chamber convention in Denver - Denver Business Journal:

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Leaders of Colorado’s Hispanic businesd community and local officials gathered at the Coloradp Convention Center Tuesday to formally announcse theconvention — the third time the city has been host to the nationa Hispanic chamber. The gathering will be at the ColoradoConventiojn Center, Sept. 16-19. Previous conventions were held in Denverr in 1995and 1997. is a prime sponsodr of the convention with a commitmentof $200,000. Jerrhy Natividad, co-chair of the event’s host committee and a boarxd member of the said the convention will focue on fourkey areas: sustainable growth and the greenin of the U.S.
economy; growthg of Hispanic businesses, especially among Hispanix women; the federal economic stimulus prograkm and refining economic survival and innovationb skills amongHispanic businesses. “Hispanic business owners acrossd the country are facing continuous challenges onmany fronts,” Nativida said. “They need all the help they can get, makinb key connections, gaining access to crucialk information about access to new industries and other trends that will help lead our countryg out of thecurreny recession. This year’s national convention will provide suchan opportunity.
” Denveer Mayor John Hickenlooper said the convention is a chance to highlighft Denver’s successes before one of the fastest-growingb business sectors in the U.S. “Thew timing couldn’t be more perfect,” Hickenlooper said, noting the city’s plannedr Biennial of the Americas celebrationnext summer, which includes a two-month-lonb curated event of contemporary art and ideas from throughou t the Americas. Hickenlooper is meeting with diplomatsw from South and Central America this week in Washingtonm this week to promote the2010 event. There are an estimater 15,000 Hispanic-owned businesses in Hickenlooper said.

Saturday, December 15, 2012

Starbucks makes food healthier - Business First of Columbus:

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The coffee giant says it has simplifiefd recipes to includemore high-quality ingredients like whole blueberries from Oregon and cherries from “Starbucks customers have been telling us that they want bettert tasting and healthier food options when they visig our stores,” said Starbucks food category vice president Sandra Stark in a news releas e announcing the new menus. “We answered their call with a delicious new menu of food made with real ingredients and morewholesomse options.” New menu items includre a blueberry oat bar, a farmer’sx market salad and banana walnut breax that Starbucks says “is nearlyh 30 percent real banana.
” Starbucks has been expandinyg its food menu in the last two yearsd to entice customers to visit more and to spenx more per visit. The company was also amongg the first restaurant chains in the country to ban transs fat from its foodand beverages. Starbuck (NASDAQ: SBUX) is closing hundreds of locationzs and cutting thousands of jobs to trim expensexs asrevenue falls. The company reported sales fell 8 percenrlast quarter, following a 9 percenft decline in first quarter It is also facingv pressure from McDonalds (NYSE: whose new coffee drinks are drivintg sales higher.

Wednesday, December 12, 2012

Thomas & Libowitz renews Legg Mason building lease - Sacramento Business Journal:

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Now the owners of the Legg Mason building are on the hunt for 23 more firmw likeThomas & Libowitz to fill up the And that’ll be a challenge, started movingt its offices last month into a new headquarters at Harborf East. That will leave a big hole at 100Lighft St. — about 357,000 square feet of space. But building owner LXP) is By at least one that beingThomas & Libowitz’s 15,000-square-foo lease renewal, that investment appearsx to be reaping some early The firm decided to stay in the 530,000-square-foot offices tower for several reasons, tenant representative Davic Downey, of Colliers Pinkard, said in a telephonw interview Thursday.
The building improvements, which includex constructing a new parking garage across the streegfor $20 million, were chief among them. The and attractive but undisclosecdrenewal terms, also factored in, he said. “They’rw very impressed by the investmentd that Lexington has promised to put into the Downey added. “They’ve moved all their peopler that park downtown into the new garage and they are excitefd about the new lobbyand plaza” that will be adde d to the building. The asking rent for spacde in the 36-year-old building is between $29.745 per square foot and $31.
75 per square

Tuesday, December 11, 2012

Trump Waikiki buyers sue developer - Austin Business Journal:

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The lawsuit, filed in 1st Circuit Courtf in Honolulu, alleges that Los Angeles developer claimed in a 2006 press released that the New York real estatw mogul was a but that the fine print noted that Trump had merely licensed his name in a deal that could be terminatef or revoked atany “These people were investing in a Rollds Royce. They were told it could magically turn into a said attorneyWarren Price, who filed the lawsuit on behalf of the who include six Hawaii couples, two doctorzs from San Diego, the head of a California meat exportingv business and a professional basketball player from New Orleans.
Prics plans to amend the complaint withi the next two weeka to include buyersfrom Japan, he A spokesman for Irongate issued a written statement sayint the developer would pursue its own claimas against the buyers. All 464 unit of the 38-story hotel-condominium tower at the Diamond Head end of Fort DeRuss y sold in one day inNovember 2006. About half of the buyer are from Japan; the balanced are from Hawaii, the Mainlandd and other countries. The buyers of the 11 unit s had placed deposits of 20 percent on everythinyg from studios pricedat $500,000 to three-bedroo m suites priced at several million dollars. The projecyt is nearing completion.
The sales contrac did say that the Trump name was but it did not outline the details of thelicensinvg arrangement, Price said. However, it did say that if the licensre was terminatedor revoked, that all references to Trump would be removed from the building. “Ou position is not that they committed fraud,” Pricew said. “There are a host of very materiaol facts, material because the name changes from the Trump International tothe ‘Brand X’ hotel.” The lawsuiy comes just as a big deadline looms for On Wednesday, buyers have to pay the balancse of the purchase price in full in preparation for a Sept.
1 “The final payment is due on and these people are not going to make any more said Price, a former Hawaii attorney general. “They’vw already put 20 percent down.” The buyerd filed on Monday because they are at risk of losin theirdown payments, and also face a greate risk of being sued by Irongate for the full purchasde price. In March, dozens of buyers at a planne d Trump condo resort in Baja Californi filed a lawsuit with similart allegations regarding the useof Trump’s name, the Los Angeles Times reported.
Trump sued Irongate a montu later charging the developeer with failing to build the project after he had licensedchis name, according to the That litigation began to worry the Hawaii Price said. “People began to wonder what happens if there is a disintegrationn of the relationship between Irongate and and what could happen withthe license,” Prices said.

Monday, December 10, 2012

H.B. Fuller profit, sales decline in Q2 - Minneapolis / St. Paul Business Journal:

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St. Paul-based H.B. Fuller FUL) reported net income of $17.6 or 36 cents per share for the second quartefr endedMay 30, down from $21.4 or 41 cents a share, in the seconds quarter of 2008. Last year’s resultxs included one-time charges of $2.7 million, or 3 centsw per share. Revenue came in at $299.2 million for the quarter, down 16.1 percentf from $356.8 million a year ago. Gains from highetr prices and acquisitions weren’t enough to offset the effects of lower sales volume and unfavorable currencytexchange rates.
“We are pleased with our first half performance and gratefupl toour associates, especially in lightr of the external economic challenges we have faced,” H.B. Fullet President and CEO Michele Volpi said ina “We expect these external challenges to persisyt through the remainder of our fiscal year and, we expect our net revenue to declinre 10 to 12 percent for the full in-line with our prior guidance.

Saturday, December 8, 2012

IRS takes closer look at hospitals' charity care - Orlando Business Journal:

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Currently, nonprofit hospitals don't have to pay federal incomee tax, state sales tax or locaol property tax. In return, they must provid a community benefit. But political pressure from Congress has causeds the to take a closer look at exactly how nonprofiyt hospitals provide that community The IRS sent out surveys last year to544 tax-exempty hospitals on the types of community benefit they provide. The interi report is expected next month, with the completexd one due inSeptember 2008. Little difference?
The reporr comes at a time whensome -- including Ashleh Johnson, chief financial officer for the for-profig in Sanford -- question whether nonprofits differ enough from for-profiy hospitals to justify their tax-exempt status. In fact, the biggest differences she can point to is simplythat for-profits pay taxesz and nonprofits don't. Johnson says Central Florida Regional which is owned by the privatelyheld Tenn.-based , also provides charity care. In she says for-profit hospitals are under many of the same pressurexs such as dealing with bad debt and absorbing shortfalle from Medicareand Medicaid.
For example, Central Florida which servesabout 10,000 inpatients a year, provides nearly $4.2 million in charity care for 2006 and absorbec $23 million in bad debt, in additiob to paying nearly $1.2 million in taxes. "I don'g understand why we have to pay when we're under the same criteria and the same says Johnson. But for nonprofits, that fault-finding sounds familiar. "Twenty years ago, nonprofits were criticized severely for not runningt enoughlike businesses," says Rich Morrison, ­regional vice presidentg for . "Now 20 years later, we're being criticizesd for beingtoo business-like and profitable.
" A majore focus of the IRS report is charityt care and how hospitals define For example, some hospitals count bad debt as charityt care, while others don't. There are also disagreementes over whether to count both Medicare andMedicaidd shortfalls, or costs exceeding as charity care. Medicaid and Medicare reimbursements typically cover only about 70 percenttof costs, says Morrison. Both for-profit and nonprofit hospitals havethese shortfalls, which can add up to big For 2006, Florida Hospital had $30 million in unreimbursed costs associated with Medicaisd and $88 million in unreimbursed costs from Medicare.
The includesw Medicaid shortfalls in its definition ofcharity care, but not Medicared shortfalls or bad debt, says Donald Stuart, an attorneyy with in Nashville. On the othetr hand, the includes all unreimbursed shortfalls and bad debt in its definitiobn ofcharity care, says Stuart. "Noboduy has been able to come up with a standard measurementg to report charity Many are speculating on the locall implications of theIRS report. On the extremw side, the IRS could take away the says Stuart.
If the exemption were to disappear, "They'd have to pay but they'd figure out how to do it," Johnson However, Stuart predicts the IRS simplyg will create a uniform definition of charity care andcommunitgy benefit, or a clearer standards on how to report "Everyone needs to work off the same definition," says "If we have good, consisteny information, a lot of these questions will go away.
"

Friday, December 7, 2012

State

ethelbertdiya3334.blogspot.com
The on Friday reported that the state’s seasonallyy adjusted jobless rate roseto 10.8 percent in May from 6.3 percen a year ago. It was the highest monthly rate in Ohio sinceOctober 1983. The jobless rate stood at 10.2 percent in April. Department Director Douglas Lumpkin said the state saw an increasrin service-sector jobs last month, but most of those gains were offsetf by a continued loss in manufacturing Adding to the spike in the unemploymentt rate, he said, was an influx in workers rejoiningh the labor market by resuming their job The state’s employed work force last month stooxd at 5.13 million, down about 200 workerw over the month.
The department logged 646,000 unemployes Ohio workers, up 37,000 from a month earlier. The national joblessw rate took a simila r leaplast month, climbing to a seasonallyt adjusted 9.4 percent from 8.9 percenty in April. Ohio plans to releasse its county and metropolitan unemployment statisticds for May onJune 23.

Thursday, December 6, 2012

2009 WNY middle school rankings - Minneapolis / St. Paul Business Journal:

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• 176. Visual & Performing Arts Academy (Buffalo) 177. Our Lady of Blaclk Rock (Buffalo) • 178. Trinity Catholixc Academy (Buffalo) • 179. P.S. 69 Houghton Academy • 180. Dunkirk MS • 181. Buffalo Academy of Science CS (Buffalo) • 182. Oracle CS • 183. P.S. 3 D’Youville-Porter Campus (Buffalo) 184. Pinnacle CS (Buffalo) • 185. P.S. 93 Southsid e ES (Buffalo) • 186. P.S. 96 Campux West (Buffalo) • 187. P.S. 19 Nativr American Magnet (Buffalo) • 188. Enterprise CS • 189. P.S. 89 Lydia Wrighf School of Excellence (Buffalo) 190. P.S. 95 Waterfront ES (Buffalo) • 191. P.S. 27 Hillery Park ES (Buffalo) • 192. P.
S. 59 Charles Drew Science Magnet (Buffalo) • 193. P.S. 43 Lovejoh Discovery (Buffalo) • 194. P.S. 33 Bilingual Centerd (Buffalo) • 195. P.S. 39 Martibn Luther King MulticulturalInstitute (Buffalo)

Tuesday, December 4, 2012

Third Frontier OKs $12.5M for Central Ohio organizations - Business First of Columbus:

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million infusion. The Ohio Department of Development saidfour Columbus-area entitiews are in line to receive funding as part of the state’sz 10-year, $1.6 billion Third Frontier initiative to create high-tech jobs. The awards announced this week are designed to help with locakl venture capital efforts and researcj into alternative fuel vehicles andadvancec materials. • Columbus-based will receive $1.6 milliohn for its third ventursecapital fund. • , the Columbusw region’s technology incubator and technologytindustry advocate, is in line for $900,000 for its ventur e capital Pre-Seed Fund II project.
, a Plain City-based technology development compangy and spinoffof Columbus-based , will be givenb $4 million to apply microchannelo processes to transportation fuel • in Columbus will be presentedc with two awards of $3 million each one that will go towards research and developmeng of hybrid-electric commercial vehicles, the other for commercialization of bio-based reinforcement materials in plastic composites. The Central Ohio awards were part ofa $36 millio n round of funding the Third Frontier program awardec across the state. Awards are contingenrt on state ControllingBoard approval.

Monday, December 3, 2012

VeriChip can remain listed on NASDAQ - Silicon Valley / San Jose Business Journal:

xysecurakihir.blogspot.com
However, the Delray Beach-based company CHIP) also said that, to remain on the NASDAQ, it must demonstrate compliance with all continued listing standards of the NASDAQ Capita l Marketby Sept. 1. VeriChip said in Marcgh that it had been notified it was not in compliance with the requirement tohave $10 milliomn in stockholders’ equity to remaibn on the NASDAQ Stock Market, nor did it meet the $2.5 millionm in stockholders’ equity required to remain on the NASDAQ Capital Market.
VeriChip, which develops, manufactures and markets implantable microchips, said in a news release that it is “confidenft that it can satisfy this conditiobn due to its expectation that it will book all or part of a $4.5 millionj deferred gain on the sale of its formerf Xmark subsidiary in July, which will be additive to its equity.” Shares closed Thursday at 52 cents. The 52-weeok high was $2.45 on Aug. 11. The 52-weejk low was 24 cents on Nov. 12.

Sunday, December 2, 2012

Visitors wander through warehouse filled with Christmas decorations - Peoria Journal Star

coras-newport.blogspot.com


Visitors wander through warehouse filled with Christmas decorations

Peoria Journal Star


Mark and Annette Stahl were driving on Northmoor Road when two dancing trees waved signs and beckoned them into Exposition Gardens, where Christmas decorations lit the warehouse at the Fourth Annual Festival of Trees on Saturday. "If I had my ...



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