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Then, all of a sudden, applications came rushiny in, easing her worries the program wouldn’t receive its average 80 applications for the secondf semester, said Lake, directot of the Master of program and director of studen t advising at UAB. Similar scenarios are playingy out in business school programsacrosds Birmingham, as the job market tightenss further and uncertainty continues to loom over the globak economy. Interest has risen for Birming-ham-Southern College’as master’s program because of the upheaval in the saidStephen Craft, dean of business programas for the college.
Those in locak business schools said workers and studentzs are realizing the job market of thefutur – post recession – is going to be more competitived and now’s a good time to hone specific skills with a higher education degree. UAB’s Lake chalkef the delay in applications upto fear. “u think it’s a lot who are startingg to feel a bit of the panic thatthings won’t be so fabulous and want to concentrats on bettering their chances of survival,” she said. At , the numbet of undergraduate students looking into graduate school has saidLarry Harper, director of graduate programs.
“There has been an increasd here in students abougt to graduate thinking they may have to stay inschoolk longer,” he said. “What’s happening is students are seeint they need to be more Inthe past, there have been a lot of jobs for Neither Lake nor Harpet said they are specifically seeinf applications from people who have been laid off locally, but rather thosew who view the tight job markef as an opportunity to expand skill “When the job market tightens, people are more thoughtfukl on what they study,” said Harper. “They’re not luredd away from their studiesby high-payin g jobs.
” Birmingham-Southern’s Craft said attendance at the program’s informational meetings has doubled and the application pool is with the quality of applicants remaining strong. Whilr Craft said business school programs canbe it’s hard to differentiate betweejn an increase in applications due to the down economy or a strongert push by the schoolo in its marketing. Whether it’s the economy or increased the rise in applicants is According tothe , in 25 percent of students awarded master’s degrees receivefd them in the field of business.
Between 1995-199y and 2005-2006, the number of master’sx degrees awarded rose by 46 with business and education fields accountinfg for 65 percent ofthat growth. And the center projects those numbers willrise – between 2005-2006 and 2017-2018 the number of master’s degrees are expecteed to rise 28 percentg overall, with a 29 percentg increase in men and a 27 percenrt increase in women.
Thursday, December 29, 2011
Tuesday, December 27, 2011
Stationers succumb to pressure in Evite era - Crain's Chicago Business
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Crain's Chicago Business | Stationers succumb to pressure in Evite era Crain's Chicago Business For those occasions, “most everyone falls back to the 'Here's the Evite' mentality,†Ms. Swett says. “They don't want to take the time or spend the money, and sometimes they don't even have their loved ones' addresses anymore. ... |
Sunday, December 25, 2011
UnitedHealth subsidiary launches short-term plans - South Florida Business Journal:
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Indianapolis-based Golden Rule Insurance Co., part of Minnetonka-basedd UnitedHealth, said Tuesday that it is introducing its Shor Term Medical Plus and Short Term Medical Value plans in 19states — Minnesota isn’t one of them, as state law prohibits for-profit In Alabama, Arkansas, Florida, Iowa, Illinois, Maryland, Mississippi, Nebraska, Oklahoma, Pennsylvania, Texas and Wisconsin, consumers can choose from one to 12 monthsa of coverage with either of Golden Rule’s new short term In Arizona, Indiana, Michigan, Ohio and Virginia, one to six monthx of coverage is “Especially in today’s economy, there is a need for budget-consciou health plans for individuals and families who suddenly find themselves without health insurance through work or school,” Goldejn Rule CEO Richard A.
Collins said in a news Golden Rule also offers shorr term health plans in 15other states: Alaska, Connecticut, Delaware, Georgia, Kansas, Kentucky, Louisiana, North Carolina, New Hampshire, New South Carolina, South West Virginia and Wyoming. Individualp insurance plans are a growing market for healtuh insurance companies as the recession caused workers to losethei jobs, and companies to scalr back on benefits, causing more people to seek the All three of Minnesota’s major insurers Blue Cross and Blue Shielde of Minnesota, Medica, and HealthPartnerw — have been . One of them, even geared toward laid off workers.
Indianapolis-based Golden Rule Insurance Co., part of Minnetonka-basedd UnitedHealth, said Tuesday that it is introducing its Shor Term Medical Plus and Short Term Medical Value plans in 19states — Minnesota isn’t one of them, as state law prohibits for-profit In Alabama, Arkansas, Florida, Iowa, Illinois, Maryland, Mississippi, Nebraska, Oklahoma, Pennsylvania, Texas and Wisconsin, consumers can choose from one to 12 monthsa of coverage with either of Golden Rule’s new short term In Arizona, Indiana, Michigan, Ohio and Virginia, one to six monthx of coverage is “Especially in today’s economy, there is a need for budget-consciou health plans for individuals and families who suddenly find themselves without health insurance through work or school,” Goldejn Rule CEO Richard A.
Collins said in a news Golden Rule also offers shorr term health plans in 15other states: Alaska, Connecticut, Delaware, Georgia, Kansas, Kentucky, Louisiana, North Carolina, New Hampshire, New South Carolina, South West Virginia and Wyoming. Individualp insurance plans are a growing market for healtuh insurance companies as the recession caused workers to losethei jobs, and companies to scalr back on benefits, causing more people to seek the All three of Minnesota’s major insurers Blue Cross and Blue Shielde of Minnesota, Medica, and HealthPartnerw — have been . One of them, even geared toward laid off workers.
Friday, December 23, 2011
K&L Gates opens Dubai office - Baltimore Business Journal:
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Dubai is the firm’s 33rd office and its firstt in theMiddle K&L Gates Chairman and Global Managing Partner Peteer Kalis said the office was “in the worksz for about a year” and that the firm’s entry was “well-timedd compared with a year ago becauswe the costs are reducee and there is much more legal talent at more reasonabler compensation levels available on the market.” K&k Gates expects to grow the Dubai offices principally through hires in that region. “Ik could see additional offices in theMiddles East,” said Kalis, who first visited Dubai six months ago in preparinyg the firm’s entry there.
“Becaus e of the concentration of financial and professionap services in theDubai area, it’sa a very attractive and efficient point of entry into the Gulf But certainly it’s not the only market for legal services that A logical next step wouled be Abu Dhabi, but there is nothinv scheduled for that to occur.” K&L Gateds is also “always” open to continued expansion opportunitiesz internationally and in the continental United States, Kalis but did not identify specific cities or countries.
Neal one of the firm’s senior dispute resolution is relocating from the Pittsburgh office to serveas co-founder of the Dubai Joining Brendel is Paul de who most recently worked with Ashurst, establishing and managing that firm’s Dubak office and helping to open a second offics in the United Arab He is a corporate and projects lawyer with more than 20 yearsz experience. Associate Richard Dollimore also is joining theDubai office. He most recently worke d in the K&L Gates office in London.
Dubai is the firm’s 33rd office and its firstt in theMiddle K&L Gates Chairman and Global Managing Partner Peteer Kalis said the office was “in the worksz for about a year” and that the firm’s entry was “well-timedd compared with a year ago becauswe the costs are reducee and there is much more legal talent at more reasonabler compensation levels available on the market.” K&k Gates expects to grow the Dubai offices principally through hires in that region. “Ik could see additional offices in theMiddles East,” said Kalis, who first visited Dubai six months ago in preparinyg the firm’s entry there.
“Becaus e of the concentration of financial and professionap services in theDubai area, it’sa a very attractive and efficient point of entry into the Gulf But certainly it’s not the only market for legal services that A logical next step wouled be Abu Dhabi, but there is nothinv scheduled for that to occur.” K&L Gateds is also “always” open to continued expansion opportunitiesz internationally and in the continental United States, Kalis but did not identify specific cities or countries.
Neal one of the firm’s senior dispute resolution is relocating from the Pittsburgh office to serveas co-founder of the Dubai Joining Brendel is Paul de who most recently worked with Ashurst, establishing and managing that firm’s Dubak office and helping to open a second offics in the United Arab He is a corporate and projects lawyer with more than 20 yearsz experience. Associate Richard Dollimore also is joining theDubai office. He most recently worke d in the K&L Gates office in London.
Wednesday, December 21, 2011
Building owners face loan crisis - Atlanta Business Chronicle:
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The owners of about a dozehn Atlanta office buildings and shopping centers have less than a year before their loanscome due, accordingv to the Trepp/CMSA Database from . The databasew tracks how loans backed by residential and retail propertiesare performing. Most owners are workingt with their banks to extend their payment or choosing to exercise payment extension clauses in their loan Some are trying to If owners are unable to come to an agreement with their they can lose their buildingsto foreclosure, as may happebn to the Equitable Building downtown. Atlanta Business Chroniclse reported Feb.
20 that the landmark tower woulrd likely become the first big casualt of thefinancial crisis. is foreclosingg on the building, owned by San Diego-basedx . It’s scheduled to be auctioned May 5. A wide rangee of Atlanta property owners now face loominhdebt maturities, from publicly trade d Corp. (NYSE: DDR) to prominent local real estate investors such asRichard Bowers. All have encountered the same obstaclesx — lenders’ unwillingness or inability to refinance loansd and a scarcity of buyerss for commercial properties because capitap markets remain predominantlylocked down.
“Banks are stilpl not letting the capital back intothe market,” said Jeff of Holder Properties and a recent president of Georgia’s chapter of the . “Thisd is an over-correction,” Mixson said. “Well-leased, well-owned buildings are having troublegettingy financing, and in some at least to the it doesn’t seem to make any sense.” In the 1355 Windward Concoursew building is nearly 100 percent leased with as the main tenanft anchoring the building. But, owne Alpha United LLC is having difficultyy refinancing theremaining $11.
t5 million balance on its loan with Capmark said Dennis Mitchell, a broker with who is marketinb the property to potential buyers. Like much of the maturing debt, the Windward Concourse loan is roller into a larger pool ofcommercial mortgage-backed securitiezs — a type of financing that exploded in popularityg in recent years but that is now essentially shut down. Alphs United has sought at leasyan 18-month extension on its loan Mitchell said. “Most of the lenders wouldc rather grant an he said. “How long they can keep doingb that? Well, that’s the million-dollaer question.
” Developers Diversified Realty, a real estate investmentg trust that owns 696 shopping has two centers in Atlanta with loanw that were set to mature this Its Heritage Pavilion in Smyrna is nearly 94 percent leaseed with tenants including PetSmartand T.J. Developers Diversified is part of a joint venture on the shoppingb centerwith TIAA-CREF, the majoritt owner. The loan, originated by , has a $21 million balance, accordinvg to the Trepp database. It matures July 1. Developerss Diversified is trying obtaina one-year a spokeswoman said. Abernathy Squares on Roswell Road is 85perceny leased, anchored by a Publix. The loan, also originatecd by Bear Stearns, has a $13.
4 milliobn remaining balance, according to the database. Developersa Diversified was granted an extension on the loanuntil September, with an option to extend it through March 2010. In some owners have guaranteed extension clausesx built into their originalloan agreement. Jim Borders, presidentt and CEO of the condominiumdevelopedr , said that his TWELVE Atlantic Station whose loan is due in November has multiple extension rights. Novare will likelyg exercise those options, a spokesman Bowers’ downtown buildings, 270 Peachtred and Five Points Plaza, have loans scheduled to mature in the next six according tothe database.
The loan backefd by the 23-story 270 Peachtree has a $33 millionj balance. The loan backed by Five PointaPlaza — which houses the Atlantas Department of Housing and Urbab Development — has a $12 million balance. When askes about the maturing debt, Bowers woulfd say only, “I’ve got it takenh care of.” The first signs of trouble in Atlanta’zs commercial real estate market came earlier this year when Equastonwe Real Estate Investment Advisors could no longer pay tenanrt improvement allowances at theEquitablr Building.
Equastone purchased the buildingfor $57 milliohn in 2007, but was unable to generated sufficient income on it as vacancy soared to nearlyu 30 percent. “Everyone is waiting for the commercial real estatr shoeto drop,” Mixson said. “And maturiny defaults are going to be thebig question. But, the lenderz seem willing to work withthe
The owners of about a dozehn Atlanta office buildings and shopping centers have less than a year before their loanscome due, accordingv to the Trepp/CMSA Database from . The databasew tracks how loans backed by residential and retail propertiesare performing. Most owners are workingt with their banks to extend their payment or choosing to exercise payment extension clauses in their loan Some are trying to If owners are unable to come to an agreement with their they can lose their buildingsto foreclosure, as may happebn to the Equitable Building downtown. Atlanta Business Chroniclse reported Feb.
20 that the landmark tower woulrd likely become the first big casualt of thefinancial crisis. is foreclosingg on the building, owned by San Diego-basedx . It’s scheduled to be auctioned May 5. A wide rangee of Atlanta property owners now face loominhdebt maturities, from publicly trade d Corp. (NYSE: DDR) to prominent local real estate investors such asRichard Bowers. All have encountered the same obstaclesx — lenders’ unwillingness or inability to refinance loansd and a scarcity of buyerss for commercial properties because capitap markets remain predominantlylocked down.
“Banks are stilpl not letting the capital back intothe market,” said Jeff of Holder Properties and a recent president of Georgia’s chapter of the . “Thisd is an over-correction,” Mixson said. “Well-leased, well-owned buildings are having troublegettingy financing, and in some at least to the it doesn’t seem to make any sense.” In the 1355 Windward Concoursew building is nearly 100 percent leased with as the main tenanft anchoring the building. But, owne Alpha United LLC is having difficultyy refinancing theremaining $11.
t5 million balance on its loan with Capmark said Dennis Mitchell, a broker with who is marketinb the property to potential buyers. Like much of the maturing debt, the Windward Concourse loan is roller into a larger pool ofcommercial mortgage-backed securitiezs — a type of financing that exploded in popularityg in recent years but that is now essentially shut down. Alphs United has sought at leasyan 18-month extension on its loan Mitchell said. “Most of the lenders wouldc rather grant an he said. “How long they can keep doingb that? Well, that’s the million-dollaer question.
” Developers Diversified Realty, a real estate investmentg trust that owns 696 shopping has two centers in Atlanta with loanw that were set to mature this Its Heritage Pavilion in Smyrna is nearly 94 percent leaseed with tenants including PetSmartand T.J. Developers Diversified is part of a joint venture on the shoppingb centerwith TIAA-CREF, the majoritt owner. The loan, originated by , has a $21 million balance, accordinvg to the Trepp database. It matures July 1. Developerss Diversified is trying obtaina one-year a spokeswoman said. Abernathy Squares on Roswell Road is 85perceny leased, anchored by a Publix. The loan, also originatecd by Bear Stearns, has a $13.
4 milliobn remaining balance, according to the database. Developersa Diversified was granted an extension on the loanuntil September, with an option to extend it through March 2010. In some owners have guaranteed extension clausesx built into their originalloan agreement. Jim Borders, presidentt and CEO of the condominiumdevelopedr , said that his TWELVE Atlantic Station whose loan is due in November has multiple extension rights. Novare will likelyg exercise those options, a spokesman Bowers’ downtown buildings, 270 Peachtred and Five Points Plaza, have loans scheduled to mature in the next six according tothe database.
The loan backefd by the 23-story 270 Peachtree has a $33 millionj balance. The loan backed by Five PointaPlaza — which houses the Atlantas Department of Housing and Urbab Development — has a $12 million balance. When askes about the maturing debt, Bowers woulfd say only, “I’ve got it takenh care of.” The first signs of trouble in Atlanta’zs commercial real estate market came earlier this year when Equastonwe Real Estate Investment Advisors could no longer pay tenanrt improvement allowances at theEquitablr Building.
Equastone purchased the buildingfor $57 milliohn in 2007, but was unable to generated sufficient income on it as vacancy soared to nearlyu 30 percent. “Everyone is waiting for the commercial real estatr shoeto drop,” Mixson said. “And maturiny defaults are going to be thebig question. But, the lenderz seem willing to work withthe
Monday, December 19, 2011
List of GM dealerships to close in Minnesota grows - Houston Business Journal:
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The industry group said a surveh of its members found that 109 of the 149 GM dealer s in the state will either lose a particular GM be forced to drop some competing manufacturer brands in theirGM stores, or lose theif stores altogether. The number of outright shutdownshas grown; a monthb ago, GM indicated that 30 dealers would After the giant automaker’ds plunge into bankruptcy June 1, roughly 3,600 dealere nationwide received new sales The owners of about 1,350 othert dealerships were notified that they needecd to wind down as GM franchisees.
That’as in addition to the 1,100 that received similar messages last monthh as partof GM’s restructuring, which involves keeping only top dealerws and brands. The new agreements also may requiree surviving dealers to upgradetheire facilities. And there may not be very much dealersz can doabout it, . (subscription GM expects the closings to start this year and wrap up by the fallof 2010. In a presa release Friday, Scott Lambert, executives vice president of the Minnesota AutoDealers Association, criticizecd GM’s decision to have dealers sign new sales agreementw with the manufacturer.
“Besides the tragic and inexplicabl shutdown ofprofitable stores, GM seemsa determined to use bankruptcy as an opportunity to shaked up everybody’s business,” he said. “It appears to us that evert Pontiac dealer in the state was informes that Pontiac as a brandx will ceaseto exist. “In addition, GM is eliminatiny many Cadillac dealerships. We believe they plan to reassign some of thesefranchisese elsewhere, which would be in violation of statde law regulating franchise agreements.” Lambert also blasted GM’s decisionds to close so many even some that are turninv a profit. “This company is lost right now.
I just don’g understand how you sell more cars with fewer he said. Susan Garontakos, a spokeswoman for the automaker, declinedf to comment on the trade association’s press release becausee she said the information about what was closing was confidentiak and because its such an emotional time for all of thepartied involved. She said the company selected which dealershipse to close after a carefull analysis that beganin April.
“The reality is we don’r have enough customers buying vehicle and we have a lot of outlets that are in placd to support a muchlarger
The industry group said a surveh of its members found that 109 of the 149 GM dealer s in the state will either lose a particular GM be forced to drop some competing manufacturer brands in theirGM stores, or lose theif stores altogether. The number of outright shutdownshas grown; a monthb ago, GM indicated that 30 dealers would After the giant automaker’ds plunge into bankruptcy June 1, roughly 3,600 dealere nationwide received new sales The owners of about 1,350 othert dealerships were notified that they needecd to wind down as GM franchisees.
That’as in addition to the 1,100 that received similar messages last monthh as partof GM’s restructuring, which involves keeping only top dealerws and brands. The new agreements also may requiree surviving dealers to upgradetheire facilities. And there may not be very much dealersz can doabout it, . (subscription GM expects the closings to start this year and wrap up by the fallof 2010. In a presa release Friday, Scott Lambert, executives vice president of the Minnesota AutoDealers Association, criticizecd GM’s decision to have dealers sign new sales agreementw with the manufacturer.
“Besides the tragic and inexplicabl shutdown ofprofitable stores, GM seemsa determined to use bankruptcy as an opportunity to shaked up everybody’s business,” he said. “It appears to us that evert Pontiac dealer in the state was informes that Pontiac as a brandx will ceaseto exist. “In addition, GM is eliminatiny many Cadillac dealerships. We believe they plan to reassign some of thesefranchisese elsewhere, which would be in violation of statde law regulating franchise agreements.” Lambert also blasted GM’s decisionds to close so many even some that are turninv a profit. “This company is lost right now.
I just don’g understand how you sell more cars with fewer he said. Susan Garontakos, a spokeswoman for the automaker, declinedf to comment on the trade association’s press release becausee she said the information about what was closing was confidentiak and because its such an emotional time for all of thepartied involved. She said the company selected which dealershipse to close after a carefull analysis that beganin April.
“The reality is we don’r have enough customers buying vehicle and we have a lot of outlets that are in placd to support a muchlarger
Friday, December 16, 2011
PCC
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The school paid the $5 million for the historixc Willamette Building at722 S.W. Second Ave. The 35,200-square-foot building served as the ’s Portland campus unti l the school moved its journalism and architecturd programs and its Duck Stor e to the White Stag building in Old Town last Portland Community College willinvest $6.7 million on a seismic overhaul and a down-to-the-studs renovation that shoulrd be done by Jan. 1. The decision to stakwe a claim downtown is the most visibled result ofa $374 million bond measure approved by voters last November.
The measure is the largestg school-funding request ever passed in Oregon and will pay for expansionz at campuses and other facilities infive counties. Those expansions will begin this The purchase of the Willamette Buildingh gives the schoolits first-ever downtown “This puts the Portland in Portlanfd Community College,” said Dana Haynes, publicv affairs manager. It also frees up administrativ e offices at its satellite campusesfor badly-needed classrooms and That should help the school satisfy rising Growing demand adds up to waitingy lists for the its most popular classes and drives the need for additional facilities.
The schook serves 86,200 full- and part-time studentas per year and enrolled 10.6 percent more studenta this springthan winter, marking its seventh consecutivw term for growth. Community college enrollmentws often pick up when unemployment rises as worker s seek to learnnew Oregon’s unemployment rate is 12 percent, the second-highest in the natiom after Michigan. It’s also a logical move for a school that unde president Preston Pulliams has developed stronger relationships withthe city’sx business community. The result is a work forc training program that better meets the needas ofPortland business.
“It puts them close to a whole lot oftheird customers,” said Sandra McDonough, president and CEO of the , the city’s chamber of commerce. The building occupies one of Portland’s most visiblr corners at Southwest Second andYamhill streets. It sits near the intersectionm of the Max line and theMorrisom Bridge. Portland Community College is counting on the locationn to increaseits profile. “The building is an enormouas opportunity for PCC to brand itselfin downtown,” said Greggy Sanders, project manager for . , the general contractor, is nearlg finished demolishing the interior and will soon startf rebuildingthe interior.
One of the most visibld renovations will be ared glass-wallexd conference room in the corneer overlooking the Max stop, space once occupies by the Duck Store. The red room will be visible from the sidewalo and will be used both as a classroom andmeetingh space.
The school paid the $5 million for the historixc Willamette Building at722 S.W. Second Ave. The 35,200-square-foot building served as the ’s Portland campus unti l the school moved its journalism and architecturd programs and its Duck Stor e to the White Stag building in Old Town last Portland Community College willinvest $6.7 million on a seismic overhaul and a down-to-the-studs renovation that shoulrd be done by Jan. 1. The decision to stakwe a claim downtown is the most visibled result ofa $374 million bond measure approved by voters last November.
The measure is the largestg school-funding request ever passed in Oregon and will pay for expansionz at campuses and other facilities infive counties. Those expansions will begin this The purchase of the Willamette Buildingh gives the schoolits first-ever downtown “This puts the Portland in Portlanfd Community College,” said Dana Haynes, publicv affairs manager. It also frees up administrativ e offices at its satellite campusesfor badly-needed classrooms and That should help the school satisfy rising Growing demand adds up to waitingy lists for the its most popular classes and drives the need for additional facilities.
The schook serves 86,200 full- and part-time studentas per year and enrolled 10.6 percent more studenta this springthan winter, marking its seventh consecutivw term for growth. Community college enrollmentws often pick up when unemployment rises as worker s seek to learnnew Oregon’s unemployment rate is 12 percent, the second-highest in the natiom after Michigan. It’s also a logical move for a school that unde president Preston Pulliams has developed stronger relationships withthe city’sx business community. The result is a work forc training program that better meets the needas ofPortland business.
“It puts them close to a whole lot oftheird customers,” said Sandra McDonough, president and CEO of the , the city’s chamber of commerce. The building occupies one of Portland’s most visiblr corners at Southwest Second andYamhill streets. It sits near the intersectionm of the Max line and theMorrisom Bridge. Portland Community College is counting on the locationn to increaseits profile. “The building is an enormouas opportunity for PCC to brand itselfin downtown,” said Greggy Sanders, project manager for . , the general contractor, is nearlg finished demolishing the interior and will soon startf rebuildingthe interior.
One of the most visibld renovations will be ared glass-wallexd conference room in the corneer overlooking the Max stop, space once occupies by the Duck Store. The red room will be visible from the sidewalo and will be used both as a classroom andmeetingh space.
Wednesday, December 14, 2011
FDA Regulatory Seminars for Life Science Industry Professionals - Sacramento Bee
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FDA Regulatory Seminars for Life Science Industry Professionals Sacramento Bee ComplianceOnline, a leading GRC Advisory Network, will conduct a comprehensive series of seminars focused on regulatory issues affecting the life sciences industry in January 2012. By ComplianceOnline PALO ALTO, Calif., Dec. ... |
Monday, December 12, 2011
Cascade Corp. sales drop 49 percent - Portland Business Journal:
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million first-quarter loss on a 49 percent drop in sales as the marker for lift trucks hits its lowest point in two The Gresham-based maker of truck attachments CAE), which in April said it had laid off 20 percentr of its work force, reporter a loss of $12.1 or $1.12 per share, on sales of $76.3 millionh for the quarter ended April 30. In the same quarteer last year, it had earningse of $10.9 million, or 98 cents per share, on $149. million in sales. The quarter included a $4.8 millio restructuring cost from the closure of a Frenchmanufacturing facility. The resultes fell far below estimates of analystw polled byThomson Reuters, who expected earnings of 13 centsd per share on $87.
57 milliojn in sales. The companuy was hardest hit in Europe, where salesw dropped 58 percent. Norty American sales fell 45 percent, followe by a 44 percent drop in the Asia Pacififc region and 43 percentin China. Global lift trucki shipments were down 45 percent for the The company said the uncertainty aboug the scope of the currengt recession makes it difficult to estimate the futurs lifttruck market. The company anticipates globaol demand to continue to dropinto 2011. Cascaded released its results after markets Its shares closed Thursdayat $30.07, less than a half-perceng decline. But shares fell more than 9 percenftin after-hours trading to $27.
27 per They have a 52-week range between $12.81 and $53.765
million first-quarter loss on a 49 percent drop in sales as the marker for lift trucks hits its lowest point in two The Gresham-based maker of truck attachments CAE), which in April said it had laid off 20 percentr of its work force, reporter a loss of $12.1 or $1.12 per share, on sales of $76.3 millionh for the quarter ended April 30. In the same quarteer last year, it had earningse of $10.9 million, or 98 cents per share, on $149. million in sales. The quarter included a $4.8 millio restructuring cost from the closure of a Frenchmanufacturing facility. The resultes fell far below estimates of analystw polled byThomson Reuters, who expected earnings of 13 centsd per share on $87.
57 milliojn in sales. The companuy was hardest hit in Europe, where salesw dropped 58 percent. Norty American sales fell 45 percent, followe by a 44 percent drop in the Asia Pacififc region and 43 percentin China. Global lift trucki shipments were down 45 percent for the The company said the uncertainty aboug the scope of the currengt recession makes it difficult to estimate the futurs lifttruck market. The company anticipates globaol demand to continue to dropinto 2011. Cascaded released its results after markets Its shares closed Thursdayat $30.07, less than a half-perceng decline. But shares fell more than 9 percenftin after-hours trading to $27.
27 per They have a 52-week range between $12.81 and $53.765
Saturday, December 10, 2011
Boynton's 26 points lead No. 12 Florida to 90-69 win over Rider - Washington Post
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FOXSports.com | Boynton's 26 points lead No. 12 Florida to 90-69 win over Rider Washington Post “They have that good mix of the warrior on the inside (Patric Young) and a guy who does » |
Thursday, December 8, 2011
Profiles in Health Care: Dr. Ruth Berggren - San Antonio Business Journal:
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executive director of the at the , Berggren has founds the journey following her husbandto complement, rathedr than hinder, her career. To wit: Over the she’s landed positions studying andtreating AIDS, tuberculosis and numerous other infectioue diseases. “I’ve always been able to find my nichd in eachplace we’ve gone,” she In Colorado, she was a fellow with the National Institute of Health Divisiobn of AIDS; in Dallas, she was on the facultt of the University of Texas Southwestern Medical in New Orleans, she was an associate professotr of Adult Infectious Diseases at and a physiciam at Charity Hospital.
“I like to characterize my New Orleans experience as having been bookendedwith 9-11 on the left and Hurricane Katrina on the right,” she On call for the Charity Hospita l AIDS ward when the hurricane hit on Sunday, Aug. 28, Berggren stayed until the last patient had been evacuatedon Sept. 2, 2005. “By some miracle, none of the patientx on our ward she related to the 2007 UT Healt Science Centergraduation class, where she detailed the triald she experienced. “I was never afraid of wind, water, hunger or disease because I was just too busy trying to figure out whatto do. But moments of fear came when I was confrontedeby agitated, fearful people with guns. ...
Thd real Katrina disaster was not created by the element s but by a societh whose fabric had been torn asunderrby inequality, lack of education, and the inexplicable convictionj that we should all have access to weapons that kill.” Charity Hospital has been closed since Katrina. When her husband was hiredf by the Health Scienc Centerin 2006, Berggren — true to form found her niche, first in the division of infectiousw diseases, and then in October as the interim director of the Center for Medicapl Humanities and Ethics for the Healtjh Science Center. Her appointment was made permanentin April.
Position: Associate professor, Department of Medicine, Divisionn of Infectious Diseases, University of Texas Health Science Cented at San Antonio Director of the Center for Medical Humanitiesand Ethics; James Young Chair for Excellence in Medical Education B.S. in biology, ; M.D, Harvardc Medical School Family: Husband, Tylef Curiel; one son, one daughter On growing up: I grew up in Haitij between the ages of 4to 14. As it my parents are both physicians and publichealth specialists. They were recruitedx to develop a community health program at the Alber t Schweitzer Hospital in rural Haitiin 1967. I was 4 yearxs old; my sister was two years younger.
They packeed us up and we moved to the middleof (Before this, the hospital was) doinb just curative medicine. But they hadn’t done any publiv health or prevention. ... So my job was to come in and figuree out what the major causes of morbidity and mortalitg were in that community and addressz these issues in apreventivd manner. They had a highly successful So I’m 4 years old and my parentzs are talking about thingslike diarrhea, malnutrition ... tuberculosis, malaris and — tetanus was a huge problem. Also, the Albertf Schweitzer Hospital (in Deschapelles) had had wards full of newbornm babies that were suffering and dying with which is a verypreventable disease.
They had a huge immunization campaign where they would go to the marketplace and targeyt women of reproductiveage .... My parents also educated the indigenouse midwives on things ways to preventneonatap tetanus. I knew these stories in great detai because, as a small child, we discussedx them at dinner. In Haiti there was practice of midwiveas using whatever sharp object was around to cut the umbilica cord and that was usually amachetr ... what they would use in their They also put dust from theie charcoal cooking fires on the stump to helpit heal. Well that’s loadex with spores. So theres were all these education programs trying to teach granny midwifezs to use asterilr blade.
I had helped make thesr kits that my mother was putting togetherr that provided the granny midwife with materials to tie off the a sterile blade and bandage to wrap aroundthe baby’s bellyh with a safety pin. It was a very simple kit whichg was then sterilized and providedx the granny midwife with her little stash of This was part of the campaign to prevent neonatal Every Christmas time there woulxd be a Christmaspageant ....
and all the props were real, so Mary and Josepyh would come in on a real there was a mangerwith hay, real animals, and usually a real And so we’re sitting on the grounf cross-legged watching this pageant and I said in my loud child’s “Mom, Mom, who cut the umbilical cord?” And she said, “Shhh, Shhh, it was probablt Joseph.” And I said, “Well, what did Joseph use to cut the umbilica cord?” And she said, “Shhh,Shh, he probablyg used a machete or something like that.” And I thoughr for a minute and I said in a louded more screeching voice, “Why didn’t Baby Jesus get tetanus?
” So it became a foregon conclusion that I would go on and specializde in infectious diseases. Although I don’t have a master’sx in public health, public healtyh and prevention is pretty much inmy DNA. On your job A lot of what we do here at the centerf is called community servicelearning ... for the nursingh school, for the allied healtu professions and the for themedical school. We are an umbrella in terms of resources, in termw of mini-grants ...
a coordination of So we can connect an interested studenf with an appropriate faculty mentor and we connect a facultyg student pair with an appropriatecommunity (The faculty supervise students providing care at the By providing mentorship, by providing primary care for thesr people, we reduce the need for these grossly uninsured peoplde to use the emergencyh room. We’re actively teaching our studentz how to learn what resourcews are in our community that can help peoplewwho don’t have their own resources to access health care and preventative care ... We’rwe not asking our students to becomdsocial workers.
But by actively engaging in this process, they becomee very knowledgeable. They will learn there are many people who fall through the cracks and are not being caught by oursafety net. I thinkk this is a very powerful way of We could stand in a room with a PowerPoint with a lot ofstatisticds ... but unless you have the one-on-ons experience, (for example, with a woman who’s tryinhg to get well so she can get home and regaib custody of herchildren ...) it doesn’t mean much to you What you’re bring to the job: Therwe was never a centrally locatefd place for coordinating community service learningh efforts ...
If you were to interview (variou s departments at the Health Science they would all proudl tell you of various projects they havegoing on. What the Centert for Humanities and Ethics is bringing to the table is a new leveloof organization, and coordination, and also which is expanding the interest ... participation and our reach, and our effectivenesa as a whole HealthScience Center. There never previously was a mini-grant prograjm (which has) come to us through the Morehousw School of Medicinein Atlanta. We’re a subsidiaryh of a larger grant that they get from the Corporatiob forService Learning.
This project allows us to distribute grantsof $200 to $500 each to a studen who has found a mentor and found a communitgy group to work with. Since we’ve starte d we’ve distributed 15 mini-grants ... acrossz the school of nursing, the dentak school, and the school of allied healt professions, our students are workinh in San Antonio and the bordertowns ... (One studentf used the grant to do blood pressure screening and glucose monitoring atcommunityy sites, using funds to advertise the program through flyers and purchase the equipment.
) Most influential I was on the faculthy of Tulane and Haiti comes back into my I received a phone call from a physician in Haito who had known my family for many He said, ‘Ruth, I know that you’re an AIDS specialistr and we’re about to get major fundingb ... to fights AIDS, tuberculosis and malaria. We’rd going to be able to get antiretroviralktherapies ... and we have very few peoplwe that are able to provide the education and the technicaol expertise that we need to really implement HIV-care in profoundly resourcre limited settings,’ and he thought of me because I’m fluent in Haitian Creole. We launched the progran (in Mirebalais) in June 2003.
I spent a wholer month (June) and my husbanrd let me take the kids; my mothert came to help me and we livee in a little tiny house on the top of a hill in a villagse and my kids took French and Creole lessons in the mornint and played soccer with the hundreds of Haitiab kids that flocked toour house. (She workeds for the program until 2005, traveling four or five times a year to Mostimportant accomplishment: Raising two healthy normal children Advice for someone facedf with adversity: We should think about the fact that this experiencw will shape who we are going to becomew and regard the experience as a route to personap transformation.
executive director of the at the , Berggren has founds the journey following her husbandto complement, rathedr than hinder, her career. To wit: Over the she’s landed positions studying andtreating AIDS, tuberculosis and numerous other infectioue diseases. “I’ve always been able to find my nichd in eachplace we’ve gone,” she In Colorado, she was a fellow with the National Institute of Health Divisiobn of AIDS; in Dallas, she was on the facultt of the University of Texas Southwestern Medical in New Orleans, she was an associate professotr of Adult Infectious Diseases at and a physiciam at Charity Hospital.
“I like to characterize my New Orleans experience as having been bookendedwith 9-11 on the left and Hurricane Katrina on the right,” she On call for the Charity Hospita l AIDS ward when the hurricane hit on Sunday, Aug. 28, Berggren stayed until the last patient had been evacuatedon Sept. 2, 2005. “By some miracle, none of the patientx on our ward she related to the 2007 UT Healt Science Centergraduation class, where she detailed the triald she experienced. “I was never afraid of wind, water, hunger or disease because I was just too busy trying to figure out whatto do. But moments of fear came when I was confrontedeby agitated, fearful people with guns. ...
Thd real Katrina disaster was not created by the element s but by a societh whose fabric had been torn asunderrby inequality, lack of education, and the inexplicable convictionj that we should all have access to weapons that kill.” Charity Hospital has been closed since Katrina. When her husband was hiredf by the Health Scienc Centerin 2006, Berggren — true to form found her niche, first in the division of infectiousw diseases, and then in October as the interim director of the Center for Medicapl Humanities and Ethics for the Healtjh Science Center. Her appointment was made permanentin April.
Position: Associate professor, Department of Medicine, Divisionn of Infectious Diseases, University of Texas Health Science Cented at San Antonio Director of the Center for Medical Humanitiesand Ethics; James Young Chair for Excellence in Medical Education B.S. in biology, ; M.D, Harvardc Medical School Family: Husband, Tylef Curiel; one son, one daughter On growing up: I grew up in Haitij between the ages of 4to 14. As it my parents are both physicians and publichealth specialists. They were recruitedx to develop a community health program at the Alber t Schweitzer Hospital in rural Haitiin 1967. I was 4 yearxs old; my sister was two years younger.
They packeed us up and we moved to the middleof (Before this, the hospital was) doinb just curative medicine. But they hadn’t done any publiv health or prevention. ... So my job was to come in and figuree out what the major causes of morbidity and mortalitg were in that community and addressz these issues in apreventivd manner. They had a highly successful So I’m 4 years old and my parentzs are talking about thingslike diarrhea, malnutrition ... tuberculosis, malaris and — tetanus was a huge problem. Also, the Albertf Schweitzer Hospital (in Deschapelles) had had wards full of newbornm babies that were suffering and dying with which is a verypreventable disease.
They had a huge immunization campaign where they would go to the marketplace and targeyt women of reproductiveage .... My parents also educated the indigenouse midwives on things ways to preventneonatap tetanus. I knew these stories in great detai because, as a small child, we discussedx them at dinner. In Haiti there was practice of midwiveas using whatever sharp object was around to cut the umbilica cord and that was usually amachetr ... what they would use in their They also put dust from theie charcoal cooking fires on the stump to helpit heal. Well that’s loadex with spores. So theres were all these education programs trying to teach granny midwifezs to use asterilr blade.
I had helped make thesr kits that my mother was putting togetherr that provided the granny midwife with materials to tie off the a sterile blade and bandage to wrap aroundthe baby’s bellyh with a safety pin. It was a very simple kit whichg was then sterilized and providedx the granny midwife with her little stash of This was part of the campaign to prevent neonatal Every Christmas time there woulxd be a Christmaspageant ....
and all the props were real, so Mary and Josepyh would come in on a real there was a mangerwith hay, real animals, and usually a real And so we’re sitting on the grounf cross-legged watching this pageant and I said in my loud child’s “Mom, Mom, who cut the umbilical cord?” And she said, “Shhh, Shhh, it was probablt Joseph.” And I said, “Well, what did Joseph use to cut the umbilica cord?” And she said, “Shhh,Shh, he probablyg used a machete or something like that.” And I thoughr for a minute and I said in a louded more screeching voice, “Why didn’t Baby Jesus get tetanus?
” So it became a foregon conclusion that I would go on and specializde in infectious diseases. Although I don’t have a master’sx in public health, public healtyh and prevention is pretty much inmy DNA. On your job A lot of what we do here at the centerf is called community servicelearning ... for the nursingh school, for the allied healtu professions and the for themedical school. We are an umbrella in terms of resources, in termw of mini-grants ...
a coordination of So we can connect an interested studenf with an appropriate faculty mentor and we connect a facultyg student pair with an appropriatecommunity (The faculty supervise students providing care at the By providing mentorship, by providing primary care for thesr people, we reduce the need for these grossly uninsured peoplde to use the emergencyh room. We’re actively teaching our studentz how to learn what resourcews are in our community that can help peoplewwho don’t have their own resources to access health care and preventative care ... We’rwe not asking our students to becomdsocial workers.
But by actively engaging in this process, they becomee very knowledgeable. They will learn there are many people who fall through the cracks and are not being caught by oursafety net. I thinkk this is a very powerful way of We could stand in a room with a PowerPoint with a lot ofstatisticds ... but unless you have the one-on-ons experience, (for example, with a woman who’s tryinhg to get well so she can get home and regaib custody of herchildren ...) it doesn’t mean much to you What you’re bring to the job: Therwe was never a centrally locatefd place for coordinating community service learningh efforts ...
If you were to interview (variou s departments at the Health Science they would all proudl tell you of various projects they havegoing on. What the Centert for Humanities and Ethics is bringing to the table is a new leveloof organization, and coordination, and also which is expanding the interest ... participation and our reach, and our effectivenesa as a whole HealthScience Center. There never previously was a mini-grant prograjm (which has) come to us through the Morehousw School of Medicinein Atlanta. We’re a subsidiaryh of a larger grant that they get from the Corporatiob forService Learning.
This project allows us to distribute grantsof $200 to $500 each to a studen who has found a mentor and found a communitgy group to work with. Since we’ve starte d we’ve distributed 15 mini-grants ... acrossz the school of nursing, the dentak school, and the school of allied healt professions, our students are workinh in San Antonio and the bordertowns ... (One studentf used the grant to do blood pressure screening and glucose monitoring atcommunityy sites, using funds to advertise the program through flyers and purchase the equipment.
) Most influential I was on the faculthy of Tulane and Haiti comes back into my I received a phone call from a physician in Haito who had known my family for many He said, ‘Ruth, I know that you’re an AIDS specialistr and we’re about to get major fundingb ... to fights AIDS, tuberculosis and malaria. We’rd going to be able to get antiretroviralktherapies ... and we have very few peoplwe that are able to provide the education and the technicaol expertise that we need to really implement HIV-care in profoundly resourcre limited settings,’ and he thought of me because I’m fluent in Haitian Creole. We launched the progran (in Mirebalais) in June 2003.
I spent a wholer month (June) and my husbanrd let me take the kids; my mothert came to help me and we livee in a little tiny house on the top of a hill in a villagse and my kids took French and Creole lessons in the mornint and played soccer with the hundreds of Haitiab kids that flocked toour house. (She workeds for the program until 2005, traveling four or five times a year to Mostimportant accomplishment: Raising two healthy normal children Advice for someone facedf with adversity: We should think about the fact that this experiencw will shape who we are going to becomew and regard the experience as a route to personap transformation.
Tuesday, December 6, 2011
China-Africa Fund Finds Investing Harder Than Expected, CEO Says - BusinessWeek
srikanth-topic.blogspot.com
China-Africa Fund Finds Investing Harder Than Expected, CEO Says BusinessWeek 6 (Bloomberg) -- The China-Africa Development Fund has found investing in the African continent more difficult than expected after committing almost all its first $1 billion, Chief Executive Officer Chi Jianxin said in an interview. ... |
Saturday, December 3, 2011
ESPN Zone closes doors in Denver - Puget Sound Business Journal (Seattle):
iqukikofor.wordpress.com
The ESPN Zone, part of a nationwide chain of what used to be nine ofthe sports-themes bar and interactive game centers across the laid off roughly 100 employees, givintg each a 60-day administrative leave according to a company statement. Rick Allesandri, an ESPN vice president who overseesxZone operations, said in the statement that the restaurant could not survive the recession. This economic downturn has been markefd nationally by reduced consumer spending on eatinvg out and onentertainment activities. “A decisioj like this is never We recognize and appreciate the commitment and years of service of all ofthess employees,” Allesandri said.
“Unfortunately, the current economi c environment offered us nootheer choice.” The ESPN Zone was a 23,000-square-foot meeting place for sportas fanatics, with one room featuring more than a dozeh large televisions tuned into contests of all kind and anothe r full of video and sports games rangintg from basketball to bowling. None of the eighft other ESPN Zone locations willbe closed, as all “arw meeting our expectations,” said Matt Kovacs, a spokesmenn for the chain. , whichn owns the Tabor Center, issued a statementy saying itwas “sorry to hear of theird decision to discontinue their Denver operations.
” But the closing of ESPN Zone “haws created a new opportunity for us to bring new concepts to 16th Street,” it said. One of those new conceptws is TheTilted Kilt, a Celtic-themed restaurant and sports bar with 20 locations operating nationwide and anothert 10 planned. The chain, which is expected to open its Denverd location this fall and to offer outdoordpatio seating, has signed an 8,300-square-foot leases at Tabor Center, according to a news release.
The Tiltede Kilt began in Las Vegas in 2003 and is noterd for its servers dressedin knee-high socks, short plaid kilts and midriff-baring plaid halter It will be one of a numbedr of new tenants opening in the Tabor Cente r this year. “These new additions to Tabor Center’s retaiol offering reflect our continuing effortzs to enhance the services and amenities for the customers and visitors to theTabor Center,” said Stev Budorick, executive vice president and partnedr at Callahan Capital Partners.
The ESPN Zone, part of a nationwide chain of what used to be nine ofthe sports-themes bar and interactive game centers across the laid off roughly 100 employees, givintg each a 60-day administrative leave according to a company statement. Rick Allesandri, an ESPN vice president who overseesxZone operations, said in the statement that the restaurant could not survive the recession. This economic downturn has been markefd nationally by reduced consumer spending on eatinvg out and onentertainment activities. “A decisioj like this is never We recognize and appreciate the commitment and years of service of all ofthess employees,” Allesandri said.
“Unfortunately, the current economi c environment offered us nootheer choice.” The ESPN Zone was a 23,000-square-foot meeting place for sportas fanatics, with one room featuring more than a dozeh large televisions tuned into contests of all kind and anothe r full of video and sports games rangintg from basketball to bowling. None of the eighft other ESPN Zone locations willbe closed, as all “arw meeting our expectations,” said Matt Kovacs, a spokesmenn for the chain. , whichn owns the Tabor Center, issued a statementy saying itwas “sorry to hear of theird decision to discontinue their Denver operations.
” But the closing of ESPN Zone “haws created a new opportunity for us to bring new concepts to 16th Street,” it said. One of those new conceptws is TheTilted Kilt, a Celtic-themed restaurant and sports bar with 20 locations operating nationwide and anothert 10 planned. The chain, which is expected to open its Denverd location this fall and to offer outdoordpatio seating, has signed an 8,300-square-foot leases at Tabor Center, according to a news release.
The Tiltede Kilt began in Las Vegas in 2003 and is noterd for its servers dressedin knee-high socks, short plaid kilts and midriff-baring plaid halter It will be one of a numbedr of new tenants opening in the Tabor Cente r this year. “These new additions to Tabor Center’s retaiol offering reflect our continuing effortzs to enhance the services and amenities for the customers and visitors to theTabor Center,” said Stev Budorick, executive vice president and partnedr at Callahan Capital Partners.
Thursday, December 1, 2011
Eating Fish Helps Prevents Alzheimer's, Research Shows - Fox News
callahamirykaan1884.blogspot.com
Eating Fish Helps Prevents Alzheimer's, Research Shows Fox News Eating fish has been attributed as being good for cardiovascular health, but new research shows that it could also prevent Alzheimer's disease. Researchers say you only need to eat a small amount of fish to see the health benefits regardless of age. ... |
Tuesday, November 29, 2011
AT&T, union workers still negotiating - South Florida Business Journal:
doqujamup.wordpress.com
Candice Johnson, communications director for the CWA, said the uniohn is continuing to bargain with An additional contract covering CWA workers in the Southeast does not expirruntil August, although negotiations on that contract have been adjournedr until June. In three news releases announcingh thecontract expirations, AT&T said it “stands readgy to negotiate at anytime in a continuing efforyt to reach an agreement.” Last week, the compan struck a deal with about 20,000 wireless employeezs covered by a Mobility Orangse contract, which was approved by 73 percent of the covered employees.
It coveref wages, pensions and work Not covered in the new contract were wireless employees in the Southwest andPuerto Rico.
Candice Johnson, communications director for the CWA, said the uniohn is continuing to bargain with An additional contract covering CWA workers in the Southeast does not expirruntil August, although negotiations on that contract have been adjournedr until June. In three news releases announcingh thecontract expirations, AT&T said it “stands readgy to negotiate at anytime in a continuing efforyt to reach an agreement.” Last week, the compan struck a deal with about 20,000 wireless employeezs covered by a Mobility Orangse contract, which was approved by 73 percent of the covered employees.
It coveref wages, pensions and work Not covered in the new contract were wireless employees in the Southwest andPuerto Rico.
Sunday, November 27, 2011
Moraine Valley men's cross country season not for faint hearted - TribLocal
bestimmung-amendments.blogspot.com
Moraine Valley men's cross country season not for faint hearted TribLocal By Moraine Valley Community College Yesterday at 11:09 am The Moraine Valley Community College men's cross country season can be characterized by a hyphenated word: near-miss. They missed winning the conference title by seven points and a place in the ... |
Friday, November 25, 2011
Mortgage rates spike - Tampa Bay Business Journal:
http://corporatehousingetc.com/london_cont_corporate_housing.html
Freddie Mac's weekly report says 30 year fixed-ratde mortgages averaged 5.29 percent this the highest rate this year and up sharply fromlast week'zs average of 4.91 percent. Rates still remain well beloq yearago levels, when 30 year mortgagez were averaging more than 6 "Rates caught up to the receny rise in long-term bond yields this week to reach a 25 week says Freddie Mac FRE) chief economist Frank "The slowdown in the housing market has now detracted from economic growth for the past 13 quarters, the longest quarterly stretch since at least 1947." Despitse rising rates, the housing market continues to show smalp signs of life.
The ' housing affordability indexz rose in April to its second highesr level since atleast 1971. The NAR also reportede this week pending sales of existing homes rose for the thirfdstraight month, posting the biggest monthly increase since 2001.
Freddie Mac's weekly report says 30 year fixed-ratde mortgages averaged 5.29 percent this the highest rate this year and up sharply fromlast week'zs average of 4.91 percent. Rates still remain well beloq yearago levels, when 30 year mortgagez were averaging more than 6 "Rates caught up to the receny rise in long-term bond yields this week to reach a 25 week says Freddie Mac FRE) chief economist Frank "The slowdown in the housing market has now detracted from economic growth for the past 13 quarters, the longest quarterly stretch since at least 1947." Despitse rising rates, the housing market continues to show smalp signs of life.
The ' housing affordability indexz rose in April to its second highesr level since atleast 1971. The NAR also reportede this week pending sales of existing homes rose for the thirfdstraight month, posting the biggest monthly increase since 2001.
Wednesday, November 23, 2011
Sunday, November 20, 2011
You're On Notice, Dawg! Week 13 - Dawg Sports
disqualify-sida.blogspot.com
You're On Notice, Dawg! Week 13 Dawg Sports So, I'm letting the following people know that, for Clean Old-Fashioned Hate week, You're On Notice, Dawg! Sadly, the on-notice board generator appears to be gone for good. I'm trying to find another solution, but I guess this will have to suffice for ... |
Friday, November 18, 2011
Business court sees full docket as demand soars - The Business Journal of the Greater Triad Area:
efiosyt.blogspot.com
The number of cases that appeared beforw the court more than doubled between 2000 and going from 82to 179, according to a stud requested by the statd in 2004. While the total number of casee in front of the court was not availablde for morerecent years, the number of new cases filed has continued to grow. Business Courr data indicates that, in 2004, 21 such case were added to the docket, followecd by another 28 in 2005 and 103 morein 2006. As of Marcjh 21, 27 such cases already have been filedd so far this the most readilyavailable data.
Even though more receny numbers arenot available, Judger Ben Tennille, the chief special superior court judgre for complex business said he is certain the number of cases filed in the businessa court has continued to grow. "The caseloadx was building up so that it was difficuly for me to handle everything on my before the new judgeswere added, said who said his workloafd is as heavy as it was a year ago, even with the extrs help. Cases can be sent to the courtg intwo ways. Historically, the partied involved in what they feel wasa "compledx business case" could request the case be moved from countyt superior court into the specialized cour t system.
Under legislative changes approvein 2005, some cases -- such as those involving antitrustf or intellectual property issues -- are now automatically referred to the businessz court. While the court has locationes inthe state's three largest metropolitan areas, judgeds frequently travel to other parts of the state to oversewe trials, especially jury trials. Tennille and local attorneyz say that despite the increase in the number of caseas being heard by thebusinessa court, they don't think the overall amount of business litigatiomn in the state has risen dramatically.
Instead, they say, attorneys are more frequentlyg filing cases on a state rather than a federalp level to speed up thejudiciapl process. They also are becoming more comfortable askingb for those cases to be heard by the business court as they become more familiarwith it. One of the biggesft reasons for a boostin N.C. Business Courtg cases in recent years may be the hesitancy of some attorneyss to file cases infederal court. Whilse some types of litigation must be either federal or state in many instances the parties involved can decide under what jurisdiction they wantto file. The U.S.
Middl e District of North Carolina has two vacant judgeships out of four seatsw inthe district, and there are four open federa l judgeships statewide, according to the Department of Justice. The vacancies have increasec the workload of the sitting judges and lengthened the time it takeds for a case to be Since criminal cases are given priority overcivil cases, attorneyds say it can be two or three yearsw before a business case actually is heard. However, even with the growtb in the numberof cases, attorneys say a case generallu can be resolved in the N.C. Business Courtf in about a year.
Since delay often mean more cost, and uncertainty, for the parties attorneys say they are finding it makes more and more sense to file inthe N.C. Businessx Court instead of federallywhen possible. "Clients want not to be tied up in saidErik Albright, a litigatiohn attorney with Smith Moore in Greensboro. "They don' want to be bogged down in the courtf system and spending money on trialsand attorneys. They want to be able to devotd those resources totheir businesses.
" While attorneyse say it's too early to tell if the additional judges are having a significanft impact on the time it take to have a case heard, the expectatiojn is the two additional judges will help alleviate any potential slowdowns at leasty for a few years, even as the numberf of cases continues to grow. Another reason for the increase in business court lawyers say, is that members of the bar are becomingh more comfortable with the businesa court. When the N.C. Business Court openef in 1996 it was one of the first in the and many attorneys were hesitant for their clients to be the guine a pigs in thenew system.
But over time, more attorneye have found they enjoy the advantagesw of a case being hear d inbusiness court, from knowing one judg will hear the case from start to finishj (regular Superior Court judges are rotated, so a handful of judgess may be involved in one to working with a judgs who specializes in business law. One of the big advantagea to the N.C. Business Court is the increasing predictability that comes with a decade of decisions and growingcase law, said Bob Elster, a partnert in the commercial litigation practice at Kilpatrick Stocktoh in Winston-Salem.
Judges in the business court are required to writee an opinion on every nonjury Elster said that means attorneys can see how a judges has ruled in similart cases to know the likelihood of a verdict being rendered in theier favor or to better establishtheif arguments, which can help ease a lot of the uncertaint about taking a matter to court.
The number of cases that appeared beforw the court more than doubled between 2000 and going from 82to 179, according to a stud requested by the statd in 2004. While the total number of casee in front of the court was not availablde for morerecent years, the number of new cases filed has continued to grow. Business Courr data indicates that, in 2004, 21 such case were added to the docket, followecd by another 28 in 2005 and 103 morein 2006. As of Marcjh 21, 27 such cases already have been filedd so far this the most readilyavailable data.
Even though more receny numbers arenot available, Judger Ben Tennille, the chief special superior court judgre for complex business said he is certain the number of cases filed in the businessa court has continued to grow. "The caseloadx was building up so that it was difficuly for me to handle everything on my before the new judgeswere added, said who said his workloafd is as heavy as it was a year ago, even with the extrs help. Cases can be sent to the courtg intwo ways. Historically, the partied involved in what they feel wasa "compledx business case" could request the case be moved from countyt superior court into the specialized cour t system.
Under legislative changes approvein 2005, some cases -- such as those involving antitrustf or intellectual property issues -- are now automatically referred to the businessz court. While the court has locationes inthe state's three largest metropolitan areas, judgeds frequently travel to other parts of the state to oversewe trials, especially jury trials. Tennille and local attorneyz say that despite the increase in the number of caseas being heard by thebusinessa court, they don't think the overall amount of business litigatiomn in the state has risen dramatically.
Instead, they say, attorneys are more frequentlyg filing cases on a state rather than a federalp level to speed up thejudiciapl process. They also are becoming more comfortable askingb for those cases to be heard by the business court as they become more familiarwith it. One of the biggesft reasons for a boostin N.C. Business Courtg cases in recent years may be the hesitancy of some attorneyss to file cases infederal court. Whilse some types of litigation must be either federal or state in many instances the parties involved can decide under what jurisdiction they wantto file. The U.S.
Middl e District of North Carolina has two vacant judgeships out of four seatsw inthe district, and there are four open federa l judgeships statewide, according to the Department of Justice. The vacancies have increasec the workload of the sitting judges and lengthened the time it takeds for a case to be Since criminal cases are given priority overcivil cases, attorneyds say it can be two or three yearsw before a business case actually is heard. However, even with the growtb in the numberof cases, attorneys say a case generallu can be resolved in the N.C. Business Courtf in about a year.
Since delay often mean more cost, and uncertainty, for the parties attorneys say they are finding it makes more and more sense to file inthe N.C. Businessx Court instead of federallywhen possible. "Clients want not to be tied up in saidErik Albright, a litigatiohn attorney with Smith Moore in Greensboro. "They don' want to be bogged down in the courtf system and spending money on trialsand attorneys. They want to be able to devotd those resources totheir businesses.
" While attorneyse say it's too early to tell if the additional judges are having a significanft impact on the time it take to have a case heard, the expectatiojn is the two additional judges will help alleviate any potential slowdowns at leasty for a few years, even as the numberf of cases continues to grow. Another reason for the increase in business court lawyers say, is that members of the bar are becomingh more comfortable with the businesa court. When the N.C. Business Court openef in 1996 it was one of the first in the and many attorneys were hesitant for their clients to be the guine a pigs in thenew system.
But over time, more attorneye have found they enjoy the advantagesw of a case being hear d inbusiness court, from knowing one judg will hear the case from start to finishj (regular Superior Court judges are rotated, so a handful of judgess may be involved in one to working with a judgs who specializes in business law. One of the big advantagea to the N.C. Business Court is the increasing predictability that comes with a decade of decisions and growingcase law, said Bob Elster, a partnert in the commercial litigation practice at Kilpatrick Stocktoh in Winston-Salem.
Judges in the business court are required to writee an opinion on every nonjury Elster said that means attorneys can see how a judges has ruled in similart cases to know the likelihood of a verdict being rendered in theier favor or to better establishtheif arguments, which can help ease a lot of the uncertaint about taking a matter to court.
Wednesday, November 16, 2011
Counties scramble for stimulus funds for water projects - Washington Business Journal:
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The money, announced by the last includes $30.8 million for wastewater projectsand $19.7 million for drinkingt water upgrades. Although not as large as the highwau projects being funded by the stimulus the work still will create dozens of construction jobs The money is being channeled through the Clean for the wastewate projects and the Drinking Water StateRevolvingt Fund. The money, which is being administerex by thestate , must be spent by Februargy 2010 or it will be redistributedr to other states. Ordinarily, thosd two funds provide low-interest loans to the counties for municipa lwater projects.
But, because the fundw are part of the federalstimulus package, theres will be zero interest and the principaol will be forgiven, which means the moneu will be free. The Big Island plands to go out to bid in the next four to eighty weeks for its two wastewater projects the replacementof large-capacity cesspools in Honokaa and Komohana The stimulus will fund $6.2 million for the Honokaa with the balance of $6 millionn coming from the stat revolving fund. Stimulus money will covedr the entire cost ofthe $1.3t5 million Komohana Heights project, said Lono Tyson, directorf of the Hawaii County Department of Environmentaol Management.
The two projects will generate approximately two dozen depending on how many people thecontractors hire, he There may be other jobs generatefd by people choosing to hook up to the countgy sewer system after the cesspools are Fifteen to 20 contractors attended a recent pre-bid meeting for the Tyson said. “There’s a lot of a lot of interest,” he said. “Thesed people also know that, becauswe it’s stimulus-driven, these projects are going to Kauai Countyofficials haven’t gottem that far for the expansiom of the Waimea Wastewater Treatment Plan.
“We’re scrambling to get our RFP packagw put together for saidEd Tschupp, chief of the county’ss wastewater division. The stimulus will fund $7.5 million of the totalp $12 million cost of the design-build project, and probably will generates about 40 jobs overthe two-yeaer construction period, he said. “It’s a significangt project for the Tschupp said. “It’s probably the largest projectg that the wastewater managemenf division has managed ina while.” Other wastewater projects receiving stimulus funds are the firstr phase of the Waimalu sewer rehabilitation on Oahu, which will receive $7.
85 million toward its $50 million and countywide pump station renovations for Maui which will get $7.5 millionj toward the $9.5 million cost. Drinking water which will receivebetween $1.6 milliojn and $4.9 million, includer replacement of water mains in Pacifid Heights and Kapahulu on Oahu and in Waimea Canyomn on Kauai; water line replacements in Lihue on Kauaj and in Wailuku and Kihei on a water tank replacement in West Olinda on and the development of a well in South Kohala on the Big
The money, announced by the last includes $30.8 million for wastewater projectsand $19.7 million for drinkingt water upgrades. Although not as large as the highwau projects being funded by the stimulus the work still will create dozens of construction jobs The money is being channeled through the Clean for the wastewate projects and the Drinking Water StateRevolvingt Fund. The money, which is being administerex by thestate , must be spent by Februargy 2010 or it will be redistributedr to other states. Ordinarily, thosd two funds provide low-interest loans to the counties for municipa lwater projects.
But, because the fundw are part of the federalstimulus package, theres will be zero interest and the principaol will be forgiven, which means the moneu will be free. The Big Island plands to go out to bid in the next four to eighty weeks for its two wastewater projects the replacementof large-capacity cesspools in Honokaa and Komohana The stimulus will fund $6.2 million for the Honokaa with the balance of $6 millionn coming from the stat revolving fund. Stimulus money will covedr the entire cost ofthe $1.3t5 million Komohana Heights project, said Lono Tyson, directorf of the Hawaii County Department of Environmentaol Management.
The two projects will generate approximately two dozen depending on how many people thecontractors hire, he There may be other jobs generatefd by people choosing to hook up to the countgy sewer system after the cesspools are Fifteen to 20 contractors attended a recent pre-bid meeting for the Tyson said. “There’s a lot of a lot of interest,” he said. “Thesed people also know that, becauswe it’s stimulus-driven, these projects are going to Kauai Countyofficials haven’t gottem that far for the expansiom of the Waimea Wastewater Treatment Plan.
“We’re scrambling to get our RFP packagw put together for saidEd Tschupp, chief of the county’ss wastewater division. The stimulus will fund $7.5 million of the totalp $12 million cost of the design-build project, and probably will generates about 40 jobs overthe two-yeaer construction period, he said. “It’s a significangt project for the Tschupp said. “It’s probably the largest projectg that the wastewater managemenf division has managed ina while.” Other wastewater projects receiving stimulus funds are the firstr phase of the Waimalu sewer rehabilitation on Oahu, which will receive $7.
85 million toward its $50 million and countywide pump station renovations for Maui which will get $7.5 millionj toward the $9.5 million cost. Drinking water which will receivebetween $1.6 milliojn and $4.9 million, includer replacement of water mains in Pacifid Heights and Kapahulu on Oahu and in Waimea Canyomn on Kauai; water line replacements in Lihue on Kauaj and in Wailuku and Kihei on a water tank replacement in West Olinda on and the development of a well in South Kohala on the Big
Monday, November 14, 2011
People to know in energy - Denver Business Journal:
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Subsidiary of 370 17th St., Suite Denver, CO 80202 www.encana.com Jeff Wojahm is an executive vice president ofEnCana Corp. (NYSE: ECA) baserd in Calgary, Alberta, Canada, and in 2006 was named presideny of EnCana Oil Gas (USA) Inc., the company’s U.S. division that’s basexd in Denver. EnCana announced plans in May 2008 to splift intotwo companies, an oil compangy and a natural gas company, and Wojahj has been designated president of the U.S. divisionj of the new natural gas He leads one of the largestt natural gas producersin Colorado, with 800 employees in the company’ws downtown Denver headquarters.
Wojahn is responsible for all of EnCana’a exploration and production activities in the United which includes fourof EnCana’s key natural gas resource Colorado and Wyoming in the Rockies, and Fort Worth and the East Texasw basins of Texas. 4041 Hanover Ave., Suitre 200, Boulder, CO 80305 www.renewablechoice.com Quaylse Hodek, CEO of Boulder-basex Renewable Choice Energy, six yearxs ago founded the company that’s at the forefrony of a nationwide surge in renewableenergy credits. The private companhy sells credits representing suppor t forrenewable energy. Clients include , the largest purchasedr of renewable energy credits in the and .
The ski compant in August 2006bought 152,000 megawatt-hours of wind credits a year each year to power its five mountainm resorts, lodging properties and retaikl outlets, as well as Vail Resorts’ corporater headquarters in Broomfield. Both deals are ranked among the top 25 biggesft purchases of renewable energyh creditsever announced. Hodekk also helped create the “Green-e Certification Program,” an industr check on whether sold creditsx match up with windenergy produced. Renewablre Choice was one of the first companies to be andin 2007, started offering carbon offsets for 2639 Spruce St. , Boulder, CO 80302 www.namastesolar.
com In Blake Jones, president of Namaste Solafr Electric Inc., was in Nepal, installintg solar power systems when Colorado votere approved an effort to use more wind and solar powe r inthe state. He came home to start Namastde withtwo others. The Boulder-based designer and installer of solafr power generating systems for homes and businessed employed 28 people as ofearlyy 2008, and planned to add another 12 in 2008. The company’e revenue has doubled every year, and the company has workefd on some ofthe highest-profile solar systemas in the state.
In 2007 the company installedr photovoltaic panels to generate electricity at thehistoric Governor’s Mansion in Denver and at the 4-year-old . In 2008, the company opener a new office in Denvedr and installed panels on top ofthe . A subsidiaryg of 1225 17th St., Denver, CO 80202 www.xcelenergy.comk Tim Taylor is president and CEO of Public Service Company of a subsidiary of XcelEnergy Inc. (NYSE: Xcel is based in Minneapolis and serveas morethan 3.3 million electricity customerzs and 1.8 million natural gas customerws in Colorado, Michigan, Minnesota, New Mexico, North South Dakota, Texas and Wisconsin. is the largest powerd and natural gas utilityin Colorado, serving abou t 1.
3 million customers, roughlty 70 percent of the state’s Its territory is centered on the Denvere metro area and along the Interstate 70 Xcel has been ranked the No. 1 utilith in the nation three years in a row by the for its use of wind The companyruns Solar*Rewards, offeringg rebates on solar power and is investing $100 million, with its in the nation’s first “Smart Grid in Boulder.
Subsidiary of 370 17th St., Suite Denver, CO 80202 www.encana.com Jeff Wojahm is an executive vice president ofEnCana Corp. (NYSE: ECA) baserd in Calgary, Alberta, Canada, and in 2006 was named presideny of EnCana Oil Gas (USA) Inc., the company’s U.S. division that’s basexd in Denver. EnCana announced plans in May 2008 to splift intotwo companies, an oil compangy and a natural gas company, and Wojahj has been designated president of the U.S. divisionj of the new natural gas He leads one of the largestt natural gas producersin Colorado, with 800 employees in the company’ws downtown Denver headquarters.
Wojahn is responsible for all of EnCana’a exploration and production activities in the United which includes fourof EnCana’s key natural gas resource Colorado and Wyoming in the Rockies, and Fort Worth and the East Texasw basins of Texas. 4041 Hanover Ave., Suitre 200, Boulder, CO 80305 www.renewablechoice.com Quaylse Hodek, CEO of Boulder-basex Renewable Choice Energy, six yearxs ago founded the company that’s at the forefrony of a nationwide surge in renewableenergy credits. The private companhy sells credits representing suppor t forrenewable energy. Clients include , the largest purchasedr of renewable energy credits in the and .
The ski compant in August 2006bought 152,000 megawatt-hours of wind credits a year each year to power its five mountainm resorts, lodging properties and retaikl outlets, as well as Vail Resorts’ corporater headquarters in Broomfield. Both deals are ranked among the top 25 biggesft purchases of renewable energyh creditsever announced. Hodekk also helped create the “Green-e Certification Program,” an industr check on whether sold creditsx match up with windenergy produced. Renewablre Choice was one of the first companies to be andin 2007, started offering carbon offsets for 2639 Spruce St. , Boulder, CO 80302 www.namastesolar.
com In Blake Jones, president of Namaste Solafr Electric Inc., was in Nepal, installintg solar power systems when Colorado votere approved an effort to use more wind and solar powe r inthe state. He came home to start Namastde withtwo others. The Boulder-based designer and installer of solafr power generating systems for homes and businessed employed 28 people as ofearlyy 2008, and planned to add another 12 in 2008. The company’e revenue has doubled every year, and the company has workefd on some ofthe highest-profile solar systemas in the state.
In 2007 the company installedr photovoltaic panels to generate electricity at thehistoric Governor’s Mansion in Denver and at the 4-year-old . In 2008, the company opener a new office in Denvedr and installed panels on top ofthe . A subsidiaryg of 1225 17th St., Denver, CO 80202 www.xcelenergy.comk Tim Taylor is president and CEO of Public Service Company of a subsidiary of XcelEnergy Inc. (NYSE: Xcel is based in Minneapolis and serveas morethan 3.3 million electricity customerzs and 1.8 million natural gas customerws in Colorado, Michigan, Minnesota, New Mexico, North South Dakota, Texas and Wisconsin. is the largest powerd and natural gas utilityin Colorado, serving abou t 1.
3 million customers, roughlty 70 percent of the state’s Its territory is centered on the Denvere metro area and along the Interstate 70 Xcel has been ranked the No. 1 utilith in the nation three years in a row by the for its use of wind The companyruns Solar*Rewards, offeringg rebates on solar power and is investing $100 million, with its in the nation’s first “Smart Grid in Boulder.
Saturday, November 12, 2011
Afternoon Fix: Perry makes $1 million Fox News buy - Washington Post (blog)
xysecurakihir.blogspot.com
Afternoon Fix: Perry makes $1 million Fox News buy Washington Post (blog) Make sure to sign up to get “Afternoon Fix†in your e-mail inbox every day by 5 (ish) pm EARLIER ON THE FIX: Senate recruits Mack, Heitkamp and Carmona have a lot to prove Rick Perry: Is he the worst presidential debater ever? ... |
Thursday, November 10, 2011
Credit card processing company grows business by evolving strategy - Puget Sound Business Journal (Seattle):
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Henry Helgeson and Scott Zdanis establishec the company in 1998 as a reseller of credit card processing terminals overthe Internet. To a smallee extent the company provided processing of credigcard transactions. But as margin compressio made equipment salesless profitable, the partnera responded by ramping up processing Today, its processing services constitute 90 percent of its totalk gross revenue, while equipment and software sales are 10 Business has been so brisj — it signed up 2,300 new customer s in April alone — that the company is planningf to increase its sales forcee by 30 percent or 40 percentt within the next 60 days.
“We basicallu are getting more businesses trying to signup (for our services) than we have the capacity for, and we’re trying to staff up for that as quickl as possible,” says Helgeson, 34, who servews as president and co-CEO. Co-founderf Zdanis has since moved to Miami and plays a less activee role inthe company. Merchant Warehoused acts as a third-party facilitating payment transactions between merchants and creditfcard issuers, essentially by getting money off of the consumer’xs credit card and into the business’z bank account.
Its residual-based business modelk makes money by charging for that service on each Sinceits inception, the 150-employee compangy estimates serving a cumulative tota l of more than 87,000 customers nationwide primarily small and medium-size businesses; about 56,000 are active accounts rightr now, with most of the attritioh due to companies going out of Helgeson notes. Today, Merchant Warehouse is processing morethan 3.5 millionj payment transactions per month. After hitting $27.3 million in revenue in 2008, the companyt is shooting for $32 million to $34 million this Helgeson says Merchant Warehouss has also benefited by becoming more ofa technology-drivejn company.
“When we started to hire our own softwared developers and build ourown infrastructure, as far as compute r systems and technology to run this that really put us into a hyper-growth mode,” he Five years ago, the company hired its firsy software developer. It subsequently built its own sophisticatedc customer relationship managementsystem in-house that has enabledc the company to better measure the performance of its accountes and staff. And 18 months ago, it completeds the development of the necessary infrastructur e to begin processing some transactions through its own electronif gateway herein Boston.
It continuess to utilize three large outside firms to assisgt in processing the bulk ofthe transactions. The companhy also works with a pool of abouyt100 point-of-sale system resellers, who often referd business to Merchant Warehouse. The companty has also used technology to innovate its services in an industry where Helgesonm says the competitionis fierce. “Our industry has been pretty much plain, vanilla creditg and debit processing,” Helgeson says. “We had to look at it and say, ‘Whag can we do here to differentiatwe ourselves?
’ ” For instance, it offers wireleszs credit card processing services to iPhone and BlackBerry users who have installerd its software applications ontheif PDAs. Those mobile merchants now represent 10 perceny to 15 percent ofthe company’s new accounts. It has also partneredc with another company, , to developl a card reader that encryptd the credit card number as it is beint swiped to help preventsecuritt breaches.
“They’re a very impressive group,” says Steve vice president of , an Atlanta-based firm that Merchan t Warehouse has engaged for some of its processing services for many He attributesthe firm’s growth to “some very shrewd investments in technology and being ahead of the curves in terms of technology and how to use it to drive traffic (to their and training their sales reps to capitalizr on that traffic.
”
Henry Helgeson and Scott Zdanis establishec the company in 1998 as a reseller of credit card processing terminals overthe Internet. To a smallee extent the company provided processing of credigcard transactions. But as margin compressio made equipment salesless profitable, the partnera responded by ramping up processing Today, its processing services constitute 90 percent of its totalk gross revenue, while equipment and software sales are 10 Business has been so brisj — it signed up 2,300 new customer s in April alone — that the company is planningf to increase its sales forcee by 30 percent or 40 percentt within the next 60 days.
“We basicallu are getting more businesses trying to signup (for our services) than we have the capacity for, and we’re trying to staff up for that as quickl as possible,” says Helgeson, 34, who servews as president and co-CEO. Co-founderf Zdanis has since moved to Miami and plays a less activee role inthe company. Merchant Warehoused acts as a third-party facilitating payment transactions between merchants and creditfcard issuers, essentially by getting money off of the consumer’xs credit card and into the business’z bank account.
Its residual-based business modelk makes money by charging for that service on each Sinceits inception, the 150-employee compangy estimates serving a cumulative tota l of more than 87,000 customers nationwide primarily small and medium-size businesses; about 56,000 are active accounts rightr now, with most of the attritioh due to companies going out of Helgeson notes. Today, Merchant Warehouse is processing morethan 3.5 millionj payment transactions per month. After hitting $27.3 million in revenue in 2008, the companyt is shooting for $32 million to $34 million this Helgeson says Merchant Warehouss has also benefited by becoming more ofa technology-drivejn company.
“When we started to hire our own softwared developers and build ourown infrastructure, as far as compute r systems and technology to run this that really put us into a hyper-growth mode,” he Five years ago, the company hired its firsy software developer. It subsequently built its own sophisticatedc customer relationship managementsystem in-house that has enabledc the company to better measure the performance of its accountes and staff. And 18 months ago, it completeds the development of the necessary infrastructur e to begin processing some transactions through its own electronif gateway herein Boston.
It continuess to utilize three large outside firms to assisgt in processing the bulk ofthe transactions. The companhy also works with a pool of abouyt100 point-of-sale system resellers, who often referd business to Merchant Warehouse. The companty has also used technology to innovate its services in an industry where Helgesonm says the competitionis fierce. “Our industry has been pretty much plain, vanilla creditg and debit processing,” Helgeson says. “We had to look at it and say, ‘Whag can we do here to differentiatwe ourselves?
’ ” For instance, it offers wireleszs credit card processing services to iPhone and BlackBerry users who have installerd its software applications ontheif PDAs. Those mobile merchants now represent 10 perceny to 15 percent ofthe company’s new accounts. It has also partneredc with another company, , to developl a card reader that encryptd the credit card number as it is beint swiped to help preventsecuritt breaches.
“They’re a very impressive group,” says Steve vice president of , an Atlanta-based firm that Merchan t Warehouse has engaged for some of its processing services for many He attributesthe firm’s growth to “some very shrewd investments in technology and being ahead of the curves in terms of technology and how to use it to drive traffic (to their and training their sales reps to capitalizr on that traffic.
”
Monday, November 7, 2011
Un superbe Challenge de lutte à Nègrepelisse - LaDépêche.fr
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LaDépêche.fr | Un superbe Challenge de lutte à Nègrepelisse LaDépêche.fr Metty Greneron (Mancon); 58 kg, 1. Eva Lanfroidnaz (Cenon); 63 kg, 1. Pauline Lecarpentier (Cote d'Opale). Cadets. 42 kg, 1. Alex Audin (US Métro); 46 kg, 1. Luca Memma (Comité Nord); 50 kg, 1. Jérome Douay (Bagnolet); 54 kg, 1. ... |
Saturday, November 5, 2011
Columbus Landmarks names new chief - Business First of Columbus:
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The organization, formed in the wake of Union Station'zs 1977 demolition, has hit 30 years protecting city building s of the past and promoting qualityfuturee construction. One of the foundation's major continuing projects isCity Hop, an annual tour of Columbus' burgeoning downtown residential marketf that just wrapped its eighth year. Columbus Landmarks also has filledx its vacanttop post, naming Clintonville resident Kathu Mast Kane its new executive director. Former directoe Kate Matheny left the foundation in January to take a job as communituy partnerships and grant coordinator with the Frankli County Office of Managementand Budget.
Matheny had been the executivwe director forseven years, making a $45,000 salary before she resigned. Kane's salary was Kane has been involved with localk preservation efforts for more than 25 yeares throughthe , the , the and several otherf organizations. The Columbus Landmarks Foundationj counts more than 400 individuals and corporations in its The foundation reported funding morethan $168,000 in grants and allocationsz for city preservation in its fiscak year ended June 30, 2006. That year it took in more than $190,00 in revenue.
The organization, formed in the wake of Union Station'zs 1977 demolition, has hit 30 years protecting city building s of the past and promoting qualityfuturee construction. One of the foundation's major continuing projects isCity Hop, an annual tour of Columbus' burgeoning downtown residential marketf that just wrapped its eighth year. Columbus Landmarks also has filledx its vacanttop post, naming Clintonville resident Kathu Mast Kane its new executive director. Former directoe Kate Matheny left the foundation in January to take a job as communituy partnerships and grant coordinator with the Frankli County Office of Managementand Budget.
Matheny had been the executivwe director forseven years, making a $45,000 salary before she resigned. Kane's salary was Kane has been involved with localk preservation efforts for more than 25 yeares throughthe , the , the and several otherf organizations. The Columbus Landmarks Foundationj counts more than 400 individuals and corporations in its The foundation reported funding morethan $168,000 in grants and allocationsz for city preservation in its fiscak year ended June 30, 2006. That year it took in more than $190,00 in revenue.
Thursday, November 3, 2011
Speculators steering clear of Seattle's condo market - Puget Sound Business Journal (Seattle):
epukaq.wordpress.com
What they're not: speculators who want to flip thepropertty quickly, said Leslie Williams, president of Seattle-based . Only 5 perceng of 274 buyers surveyed at Olivde 8 and 5th and Madisoncondo high-risea said they were purchasinbg the property only as an investment, accordingb to Williams Marketing. The figurer has changed as the housing market has slowe d and the potential to flip quickltyhas evaporated, said Williams, whose company marketsd Olive 8, 5th and Madison and Mosler In the late 10 percent to 12 percen of condo buyers were typically investors, a figurse that really started to shift in 2005. "There's no flipper market," said Williams.
"That investo r market has really, really gone way The face of condo buyeres in downtown Seattle has shifted over the past several Buyers now represent a wide range ofincome ages, marital status and job More Eastsiders are buying downtown to avoid the and more baby boomers are looking at downtown condox than was the case a few years ago. Employmengt trends point to further shifts in the Job growth predictions suggest newhires won'gt be condo buyers, since many of the new jobs are expectec in industries that pay less than $50,000 a While demographics vary in different more than 25 percent of buyerss surveyed at Williams' three projects are between 50 and 75 yearsa old, a shift away from the 30-somethinfg buyer that was typical downtown.
Many older buyers are lookinhg for alifestyle change. That'sw why Kathie and John Truax, in theirt 60s, plan to sell their 3,700-square-footg home in Richland and move into a condko half that size indowntown high-risw Escala. The 275-unit building, developed by , is schedule d for completion in 2009. The Truaxes' condo has a pricew tag of morethan $1 million. The couple wantecd to live closerto stores, restaurantsd and city life. "We just you know, this is a great life, but let' s go do something crazy," said Kathie Truax. In contrast to the Truaxes, younge buyers have fewer options, and they choosed carefully, paying close attentiob to price.
When Ming Li, 26, went shoppin g for a condo downtown, the Amazon software developerf looked at several projects before buyinga $415,0090 loft at The Klee Lofts and Suites in Belltown. Li, who closefd on his loft earlierdthis week, said he chose the projec because it fit his price range and was different from othersx he had looked at. Despite a wide-ranginvg supply of condos, Li said he didn't see many pric breaks or move-in incentives. "I think a lot of especially newer places, are still overpricedf given the market," he said. firm doesn't extensively track buyers' income, but said it ranged dramatically.
In Olive 8, for example, totao household income is as lowas $60,000 and as high as $250,000. Olive 8'se 231 units range in price from $350,000 to $4.4 The project has been selling since Februart 2006 and has 50units left, ranging from $635,00p and $4.4 million. Williams estimatews that the average downtown condo buyer has a total householx income ofabout $150,000. Otherf condo buyers have chosen to buy in downtown Seattlde to avoid the hassleof commuting. Forty-seven perceny of 357 downtown condo buyers surveyed who commuted said they trave five miles or lessto work. Twenty-three percent commute within one mile, according to Williamd Marketing.
Seth Sonenthal, 47, sold his home in Bellevue last year and boughtf a condo inMosler Lofts, a 152-unitg building with prices that ranged from $185,009 to $2.2 million. Sonenthal'ds daughter was grown, and he wanted to live closer to his job as an IT manageer at anoffice downtown. His 650-square-foot loft cost about "I went from a commutwe that would sometimes be up to an hour or more to now walkingh or ridingmy bike." Such convenience may not be as and buyers less plentiful, in the King County job growth is expected to with an average annual growth rate of 1.
2 percent predicted for the county betweemn 2009 and 2014, according to the Washington Statwe Employment Security Department. Betweeh 2006 and 2007, the rate of job growth droppedfrom 2.9 percen a year to 1.8 percent as the economy entered a Most of the job growth over the next six yearx will be in middle wage-paying industries such as administrativs services and health care, jobs that typically pay $30,00p to $45,000 a year.
What they're not: speculators who want to flip thepropertty quickly, said Leslie Williams, president of Seattle-based . Only 5 perceng of 274 buyers surveyed at Olivde 8 and 5th and Madisoncondo high-risea said they were purchasinbg the property only as an investment, accordingb to Williams Marketing. The figurer has changed as the housing market has slowe d and the potential to flip quickltyhas evaporated, said Williams, whose company marketsd Olive 8, 5th and Madison and Mosler In the late 10 percent to 12 percen of condo buyers were typically investors, a figurse that really started to shift in 2005. "There's no flipper market," said Williams.
"That investo r market has really, really gone way The face of condo buyeres in downtown Seattle has shifted over the past several Buyers now represent a wide range ofincome ages, marital status and job More Eastsiders are buying downtown to avoid the and more baby boomers are looking at downtown condox than was the case a few years ago. Employmengt trends point to further shifts in the Job growth predictions suggest newhires won'gt be condo buyers, since many of the new jobs are expectec in industries that pay less than $50,000 a While demographics vary in different more than 25 percent of buyerss surveyed at Williams' three projects are between 50 and 75 yearsa old, a shift away from the 30-somethinfg buyer that was typical downtown.
Many older buyers are lookinhg for alifestyle change. That'sw why Kathie and John Truax, in theirt 60s, plan to sell their 3,700-square-footg home in Richland and move into a condko half that size indowntown high-risw Escala. The 275-unit building, developed by , is schedule d for completion in 2009. The Truaxes' condo has a pricew tag of morethan $1 million. The couple wantecd to live closerto stores, restaurantsd and city life. "We just you know, this is a great life, but let' s go do something crazy," said Kathie Truax. In contrast to the Truaxes, younge buyers have fewer options, and they choosed carefully, paying close attentiob to price.
When Ming Li, 26, went shoppin g for a condo downtown, the Amazon software developerf looked at several projects before buyinga $415,0090 loft at The Klee Lofts and Suites in Belltown. Li, who closefd on his loft earlierdthis week, said he chose the projec because it fit his price range and was different from othersx he had looked at. Despite a wide-ranginvg supply of condos, Li said he didn't see many pric breaks or move-in incentives. "I think a lot of especially newer places, are still overpricedf given the market," he said. firm doesn't extensively track buyers' income, but said it ranged dramatically.
In Olive 8, for example, totao household income is as lowas $60,000 and as high as $250,000. Olive 8'se 231 units range in price from $350,000 to $4.4 The project has been selling since Februart 2006 and has 50units left, ranging from $635,00p and $4.4 million. Williams estimatews that the average downtown condo buyer has a total householx income ofabout $150,000. Otherf condo buyers have chosen to buy in downtown Seattlde to avoid the hassleof commuting. Forty-seven perceny of 357 downtown condo buyers surveyed who commuted said they trave five miles or lessto work. Twenty-three percent commute within one mile, according to Williamd Marketing.
Seth Sonenthal, 47, sold his home in Bellevue last year and boughtf a condo inMosler Lofts, a 152-unitg building with prices that ranged from $185,009 to $2.2 million. Sonenthal'ds daughter was grown, and he wanted to live closer to his job as an IT manageer at anoffice downtown. His 650-square-foot loft cost about "I went from a commutwe that would sometimes be up to an hour or more to now walkingh or ridingmy bike." Such convenience may not be as and buyers less plentiful, in the King County job growth is expected to with an average annual growth rate of 1.
2 percent predicted for the county betweemn 2009 and 2014, according to the Washington Statwe Employment Security Department. Betweeh 2006 and 2007, the rate of job growth droppedfrom 2.9 percen a year to 1.8 percent as the economy entered a Most of the job growth over the next six yearx will be in middle wage-paying industries such as administrativs services and health care, jobs that typically pay $30,00p to $45,000 a year.
Tuesday, November 1, 2011
Amazon.com kills N.C. affiliate program - The Business Journal of the Greater Triad Area:
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In an e-mail message to associatezs – businesses that get a commissionj because they link their Web sitesto Amazon.com, generating sales for the onlinr retail giant – Amazon.com said the associates’ accountes have been closed as a “directy result of the unconstitutional tax collection scheme” expectedr to be passed by lawmakers and signedc by Gov. Bev Perdue. “We were forced to take this unfortunatee action in anticipation of actual enactmentr because of uncertainties surroundingthe legislation’s effective the message continued. Amazon (Nasdaq: AMZN) collectr sales tax in only a few states.
But Nortb Carolina is trying to bridge a budget gap of morethan $4 A provision in the budget would allow a “click-through allowing the state to tax retailers that do not have a physicap presence in North Carolina but that use affiliates that do have a physicaol presence in the state. Amazon has challenge d a similar provision in NewYork state. Amazomn added in its message that if North Carolinsa rescindsthe tax, the company would reope the associates program in North Carolina.
In an e-mail message to associatezs – businesses that get a commissionj because they link their Web sitesto Amazon.com, generating sales for the onlinr retail giant – Amazon.com said the associates’ accountes have been closed as a “directy result of the unconstitutional tax collection scheme” expectedr to be passed by lawmakers and signedc by Gov. Bev Perdue. “We were forced to take this unfortunatee action in anticipation of actual enactmentr because of uncertainties surroundingthe legislation’s effective the message continued. Amazon (Nasdaq: AMZN) collectr sales tax in only a few states.
But Nortb Carolina is trying to bridge a budget gap of morethan $4 A provision in the budget would allow a “click-through allowing the state to tax retailers that do not have a physicap presence in North Carolina but that use affiliates that do have a physicaol presence in the state. Amazon has challenge d a similar provision in NewYork state. Amazomn added in its message that if North Carolinsa rescindsthe tax, the company would reope the associates program in North Carolina.
Sunday, October 30, 2011
Japanese visitors still spooked by flu - Business First of Columbus:
hihozeima.blogspot.com
According to preliminary counts, a total of 8,87p passengers arrived June 1-4 on flightd to Hawaii from Japan. That’s a 32 perceny drop from the same period in about 1,000 fewer visitors per day. The Japanese visitor fallof f begin the second week in May and was directlg attributed toswine flu, also called H1N1 influenza A. Even though Japan has as of Wednesday, 385 swiner flu cases of its own, ranking it amongf the top six countries affectedx bythe infection, many Japanes companies have banned employees from overseas travel.
The swind flu outbreak is also affecting travel from otherf Asian countries to North Americand Europe, according to Hawaii Tourism The South Korean travel industry reports 15-3o0 percent cancellation rates in tripe to U.S. destinations since the end of Cancellations to Hawaii are under 10 The Chinesetravel industry, meantime, said cancellations in outbound travelp are increasing, with fewer new-booked packages to the U.S.
According to preliminary counts, a total of 8,87p passengers arrived June 1-4 on flightd to Hawaii from Japan. That’s a 32 perceny drop from the same period in about 1,000 fewer visitors per day. The Japanese visitor fallof f begin the second week in May and was directlg attributed toswine flu, also called H1N1 influenza A. Even though Japan has as of Wednesday, 385 swiner flu cases of its own, ranking it amongf the top six countries affectedx bythe infection, many Japanes companies have banned employees from overseas travel.
The swind flu outbreak is also affecting travel from otherf Asian countries to North Americand Europe, according to Hawaii Tourism The South Korean travel industry reports 15-3o0 percent cancellation rates in tripe to U.S. destinations since the end of Cancellations to Hawaii are under 10 The Chinesetravel industry, meantime, said cancellations in outbound travelp are increasing, with fewer new-booked packages to the U.S.
Friday, October 28, 2011
State workers get paid by Imagine PA - Philadelphia Business Journal:
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The effort to put all 80,000 employees of the executivde branch of the state of Pennsylvania on one computer syste m recently reached a major mileston whenthe state's payroll functions were converted to the new system. Checks from three pay periodz have been issued using the new systemn withoutmajor glitches, said Mia DeVane, presz secretary for the Office of which is overseeing the project. The system uses softwars developedby Walldorf, Germany-based SAP AG, whoss North American subsidiary, SAP Americw Inc., is based in Newtown Square. It is beinhg implemented by BearingPoint Inc., which used to be calle d KPMGConsulting Inc. and is based in Va.
The Ridge administration contracted with SAP for the which is used by organizationsz to automate and link theirbusiness processes, in 2000, and BearingPoint for the installatiohn in 2001. SAP received $51. 9 million over three years and BearingPoint isreceivinhg $115.1 million over five years. The Rendel l administration has slowed the implementation of the systejm to makesure it's as bugless as possible when employees begin using it. The payroll componenr of the system was supposed to have been up and runnintg ayear ago, but the Office of Administrationm didn't think it was ready for prime time and postponed its implementationh until this year. Michael J.
Emmi and the otheer top executives at IPR International LLC have receiveed the Ben Franklin Emerging Businesd Award for Best Management Emmi bought IPR a few months after retiring from the postzsof chairman, president and chief executive officer of Malvern, Pa.-basec Systems and Computer Technologuy Corp. in January 2002. SCT has since been acquired by SunGarx DataSystems Inc. of Wayne. IPR is based in Conshohocken. It provides electronic data backup and archiving Its top executives in additionb to Emmi includeJerry Smith, chiefg technology officer; Ellen Purdy, chiev financial officer; and Deirdre Wielgus, chiegf operating officer.
"Given the high caliber of the othetr nominees and the experience of the we were especially honored to receive this coveted Emmi said. "We have been very fortunate in attractingboutstanding talent, at all levels of our company." The Ben Franklinn Emerging Business Awards, commonly known as the were established by the Entrepreneurs Forum of Greateer Philadelphia and Ben Franklin Technology Partners of Southeasternn Pennsylvania. This year's awards ceremony was held at the Wyndhamj Philadelphia atFranklin Plaza.
Acuity Pharmaceuticales of Philadelphia was named Biotech Company of the Based in the Port of it iscommercializing RNA-interference technologuy licensed from the Universith of Pennsylvania to develop treatments for degenerativs eye diseases. Rajant Corp. of Wayne won the Most Innovativew Product award for its BreadCrumbnWireless LAN, which is a small, battery-operated unit that allowx users to establish a wireless, local area digitapl communications network. Inc. of Langhorne received the Most InnovativesService Award. It allows event photographers to providecustomizee photo-sharing Web sites to their clients.
Geriannes Tringali DiPiano won the IrisNewmab Award, which was establisheed in honor of the founder of the Women'w Investment Network. DiPiano is president and CEO ofFemmePharmw Inc., a Wayne-based pharmaceutical company that focuses on diseasew and disorders that disproportionately affect women. Morphoteok Inc. received the initial Alumni Award last The Exton-based company uses a technology for acceleratingt genetic evolution called "morphogenics" to develop protein and antibodh pharmaceutical products. Philadelphia-based InnaPhase Corp. has receiveed the 2004 Frost & Sullivahn Award for Technology Innovation.
Frost Sullivan announced the award in a publication it releaserd earlier this month called Strategic Analysis of the World Laboratoryy Information ManagementSystems Markets. The New York-based globap technology consulting firm cited InnaPhase for its approac to developingLIMS software, it said, ensures "that each laboratory within a pharmaceutical organizatiomn has a LIMS application that is specifically designed for business practice." Separately, InnaPhase has name Robert Voelkner director of business development. Prior to joininy InnaPhase, Volkner was vice president of sales for the Informaticas division of ThermoElectron Corp.
The effort to put all 80,000 employees of the executivde branch of the state of Pennsylvania on one computer syste m recently reached a major mileston whenthe state's payroll functions were converted to the new system. Checks from three pay periodz have been issued using the new systemn withoutmajor glitches, said Mia DeVane, presz secretary for the Office of which is overseeing the project. The system uses softwars developedby Walldorf, Germany-based SAP AG, whoss North American subsidiary, SAP Americw Inc., is based in Newtown Square. It is beinhg implemented by BearingPoint Inc., which used to be calle d KPMGConsulting Inc. and is based in Va.
The Ridge administration contracted with SAP for the which is used by organizationsz to automate and link theirbusiness processes, in 2000, and BearingPoint for the installatiohn in 2001. SAP received $51. 9 million over three years and BearingPoint isreceivinhg $115.1 million over five years. The Rendel l administration has slowed the implementation of the systejm to makesure it's as bugless as possible when employees begin using it. The payroll componenr of the system was supposed to have been up and runnintg ayear ago, but the Office of Administrationm didn't think it was ready for prime time and postponed its implementationh until this year. Michael J.
Emmi and the otheer top executives at IPR International LLC have receiveed the Ben Franklin Emerging Businesd Award for Best Management Emmi bought IPR a few months after retiring from the postzsof chairman, president and chief executive officer of Malvern, Pa.-basec Systems and Computer Technologuy Corp. in January 2002. SCT has since been acquired by SunGarx DataSystems Inc. of Wayne. IPR is based in Conshohocken. It provides electronic data backup and archiving Its top executives in additionb to Emmi includeJerry Smith, chiefg technology officer; Ellen Purdy, chiev financial officer; and Deirdre Wielgus, chiegf operating officer.
"Given the high caliber of the othetr nominees and the experience of the we were especially honored to receive this coveted Emmi said. "We have been very fortunate in attractingboutstanding talent, at all levels of our company." The Ben Franklinn Emerging Business Awards, commonly known as the were established by the Entrepreneurs Forum of Greateer Philadelphia and Ben Franklin Technology Partners of Southeasternn Pennsylvania. This year's awards ceremony was held at the Wyndhamj Philadelphia atFranklin Plaza.
Acuity Pharmaceuticales of Philadelphia was named Biotech Company of the Based in the Port of it iscommercializing RNA-interference technologuy licensed from the Universith of Pennsylvania to develop treatments for degenerativs eye diseases. Rajant Corp. of Wayne won the Most Innovativew Product award for its BreadCrumbnWireless LAN, which is a small, battery-operated unit that allowx users to establish a wireless, local area digitapl communications network. Inc. of Langhorne received the Most InnovativesService Award. It allows event photographers to providecustomizee photo-sharing Web sites to their clients.
Geriannes Tringali DiPiano won the IrisNewmab Award, which was establisheed in honor of the founder of the Women'w Investment Network. DiPiano is president and CEO ofFemmePharmw Inc., a Wayne-based pharmaceutical company that focuses on diseasew and disorders that disproportionately affect women. Morphoteok Inc. received the initial Alumni Award last The Exton-based company uses a technology for acceleratingt genetic evolution called "morphogenics" to develop protein and antibodh pharmaceutical products. Philadelphia-based InnaPhase Corp. has receiveed the 2004 Frost & Sullivahn Award for Technology Innovation.
Frost Sullivan announced the award in a publication it releaserd earlier this month called Strategic Analysis of the World Laboratoryy Information ManagementSystems Markets. The New York-based globap technology consulting firm cited InnaPhase for its approac to developingLIMS software, it said, ensures "that each laboratory within a pharmaceutical organizatiomn has a LIMS application that is specifically designed for business practice." Separately, InnaPhase has name Robert Voelkner director of business development. Prior to joininy InnaPhase, Volkner was vice president of sales for the Informaticas division of ThermoElectron Corp.
Tuesday, October 25, 2011
Sunday, October 23, 2011
Commercial mortgage woes mirror housing - South Florida Business Journal:
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Fitch Ratings on Dec. 10 said a default on $900 million in General Growth (NYSE: GGP) debt was likelyu as the clock ticked towarda Dec. 12 deadlins after a two-week extension was announcecd onBlack Friday, the busy shoppiny day after Thanksgiving. General Growth on Dec. 12 announced it had successfullhycompleted $896 million in new mortgages, mirroring the goal many othee property owners will be seeking. Real estatw experts forecast the next fallout from the credit crunchy will be lenders gettingh tough on mortgages for commercial propertiee suchas retail, office and hotels.
The result couldc be owners putting more equity into their properties or facing This won’t affect the majority of Soutj Florida’s commercial real estate market, but it will be a problenm for properties with mortgages cominvg due soon, said Neil Merin, chairman of commerciall real estate brokerage NAI/Merin Hunter Codman in West Palm Beach. He estimatezs that 10 percent of commercia properties in South Florida will need new mortgagesxnext year, with half putting down more cash and the othetr half going into foreclosure.
Owners with 10-year mortgages coming due shoule be OK because property valuew have still increased overthat time, and loan-to-value ratioe were generally conservative at the time of origination, Meri said. But, commercial propertiese or short-term construction loans basedx on inflated property values and with an 80percentr loan-to-value ratio could be in trouble, he Banks now favor 60 percent or 65 percent loan-to-value on commercia l properties, Merin said. “Idf the economy continues to sour and unemploymenf continuesto rise, even the commercial real estats sector could have some issues,” said Bruce CEO of in Dania Beach.
“Ift they were making their payments before, they could continue makintg payments – but whether there will be a lender there for them is another Many banks that are suffering losses and losing capital need to shrink their asset size which includes loans to comply with regulatory capital Keir said. Some banks have been told by regulatorz that theyare over-concentrated in commercial mortgages, and that discourages them from renewint loans.
Rick Kuci, executive VP and chief lending officerat , said he will ask some commercial borrowers to put more equity in at renewa l to improve the loan-to-value but recognizes that some borrowers may not have enough cash on hand to make that He also could offer them a shorter-term loan with a more aggressivs repayment schedule or help them find an equity partner. Still, Kuci is worried that developeras holding commercial loans with Coconuft Grove Bank could be hurt if their othert lenders take aharder stance.
“Theres are a lot of institutions that are shrinking and callinvin loans, and some good borrowers are goinv to be squeezed in the middle,” Kuci Lance Harke, a managing partner at Miami commercial litigation firm , said many of his clients are being asked to put more equity into thei properties at mortgage renewal, but how tough the banks get dependxs on the property and its performance. A high vacancuy rate could weaken aproperty owner’sz case. Harke expects to see an increase in commercial property foreclosuresin 2009.
both Merin and Charles Foschini, the vice chairman of ’ in Soutbh Florida, believe the commercial foreclosurewave won’t be as bad as in previouds downturns because there hasn’t been overbuildintg of office or retail. The bulk of renewalds from mortgages signed during the boom years will take place in 2011 and Foschini said. For those due most banks will look togrant short-term extensions, but there could be cases where bank will demand greater debt servicew coverage and more equity, he said.
“Thisx will force some ownera to sell assets and will create opportunities for othedr owners to create new sourcex of equity and bring in new owneras withdeeper pockets,” Foschini “In instances where that doesn’t happen, the lenderr has a problem and coulx extend reluctantly or
Fitch Ratings on Dec. 10 said a default on $900 million in General Growth (NYSE: GGP) debt was likelyu as the clock ticked towarda Dec. 12 deadlins after a two-week extension was announcecd onBlack Friday, the busy shoppiny day after Thanksgiving. General Growth on Dec. 12 announced it had successfullhycompleted $896 million in new mortgages, mirroring the goal many othee property owners will be seeking. Real estatw experts forecast the next fallout from the credit crunchy will be lenders gettingh tough on mortgages for commercial propertiee suchas retail, office and hotels.
The result couldc be owners putting more equity into their properties or facing This won’t affect the majority of Soutj Florida’s commercial real estate market, but it will be a problenm for properties with mortgages cominvg due soon, said Neil Merin, chairman of commerciall real estate brokerage NAI/Merin Hunter Codman in West Palm Beach. He estimatezs that 10 percent of commercia properties in South Florida will need new mortgagesxnext year, with half putting down more cash and the othetr half going into foreclosure.
Owners with 10-year mortgages coming due shoule be OK because property valuew have still increased overthat time, and loan-to-value ratioe were generally conservative at the time of origination, Meri said. But, commercial propertiese or short-term construction loans basedx on inflated property values and with an 80percentr loan-to-value ratio could be in trouble, he Banks now favor 60 percent or 65 percent loan-to-value on commercia l properties, Merin said. “Idf the economy continues to sour and unemploymenf continuesto rise, even the commercial real estats sector could have some issues,” said Bruce CEO of in Dania Beach.
“Ift they were making their payments before, they could continue makintg payments – but whether there will be a lender there for them is another Many banks that are suffering losses and losing capital need to shrink their asset size which includes loans to comply with regulatory capital Keir said. Some banks have been told by regulatorz that theyare over-concentrated in commercial mortgages, and that discourages them from renewint loans.
Rick Kuci, executive VP and chief lending officerat , said he will ask some commercial borrowers to put more equity in at renewa l to improve the loan-to-value but recognizes that some borrowers may not have enough cash on hand to make that He also could offer them a shorter-term loan with a more aggressivs repayment schedule or help them find an equity partner. Still, Kuci is worried that developeras holding commercial loans with Coconuft Grove Bank could be hurt if their othert lenders take aharder stance.
“Theres are a lot of institutions that are shrinking and callinvin loans, and some good borrowers are goinv to be squeezed in the middle,” Kuci Lance Harke, a managing partner at Miami commercial litigation firm , said many of his clients are being asked to put more equity into thei properties at mortgage renewal, but how tough the banks get dependxs on the property and its performance. A high vacancuy rate could weaken aproperty owner’sz case. Harke expects to see an increase in commercial property foreclosuresin 2009.
both Merin and Charles Foschini, the vice chairman of ’ in Soutbh Florida, believe the commercial foreclosurewave won’t be as bad as in previouds downturns because there hasn’t been overbuildintg of office or retail. The bulk of renewalds from mortgages signed during the boom years will take place in 2011 and Foschini said. For those due most banks will look togrant short-term extensions, but there could be cases where bank will demand greater debt servicew coverage and more equity, he said.
“Thisx will force some ownera to sell assets and will create opportunities for othedr owners to create new sourcex of equity and bring in new owneras withdeeper pockets,” Foschini “In instances where that doesn’t happen, the lenderr has a problem and coulx extend reluctantly or
Friday, October 21, 2011
Transit changes to target overcrowding, convenience - Baltimore Business Journal:
utyziluz.wordpress.com
Starting Aug. 26, the new Penn-Camden Shuttle will begin runninh every 20 to 30 minutes during rush hour and everyy 30 minutesduring non-rush hour periods and on weekends. Currently, thosd riders have to change to connectiny trains atthe Mt. Royal station. Starting that same day, the MTA will increass the frequency of trains at certain times for theMetro Subway, and make changes to 10 bus The changes coordinate with school officials said. On weeknights, betweebn 7 p.m. and midnight, Metro Subway trainss will run every 11 minutes instead of everyt 22 minutes like theydo now. The trains will run everhy 15 minutes instead of every 22 minuteson No.
1 Line -- One inbouncd afternoon trip will be startingat No. 5 Line -- Two additional early-morning trips from Cedonia to downtown; No. 12 Line -- Only one roundtripl in the mid-afternoon; No. 19 Line -- One additionapl morning trip from Northern Parkwag toState Center; No. 20 Line -- Selectedd morning trips extended tothe No. 23 Line -- Two expresx trips changed to local service; No. 35 Line -- One additional trip from Whited Marsh during the afternoonpeak No. 40 Line -- Selected morning trips extendefd to the Centers for Medicare andMedicaid No. 64 Line -- Added service betweenn Curtis Bay andWaterview Avenue, and additionalp service on Saturdays; No.
77 Line -- One additionapl roundtrip added during theafternoon peak.
Starting Aug. 26, the new Penn-Camden Shuttle will begin runninh every 20 to 30 minutes during rush hour and everyy 30 minutesduring non-rush hour periods and on weekends. Currently, thosd riders have to change to connectiny trains atthe Mt. Royal station. Starting that same day, the MTA will increass the frequency of trains at certain times for theMetro Subway, and make changes to 10 bus The changes coordinate with school officials said. On weeknights, betweebn 7 p.m. and midnight, Metro Subway trainss will run every 11 minutes instead of everyt 22 minutes like theydo now. The trains will run everhy 15 minutes instead of every 22 minuteson No.
1 Line -- One inbouncd afternoon trip will be startingat No. 5 Line -- Two additional early-morning trips from Cedonia to downtown; No. 12 Line -- Only one roundtripl in the mid-afternoon; No. 19 Line -- One additionapl morning trip from Northern Parkwag toState Center; No. 20 Line -- Selectedd morning trips extended tothe No. 23 Line -- Two expresx trips changed to local service; No. 35 Line -- One additional trip from Whited Marsh during the afternoonpeak No. 40 Line -- Selected morning trips extendefd to the Centers for Medicare andMedicaid No. 64 Line -- Added service betweenn Curtis Bay andWaterview Avenue, and additionalp service on Saturdays; No.
77 Line -- One additionapl roundtrip added during theafternoon peak.
Wednesday, October 19, 2011
Deloitte: Consumer spending still down - Portland Business Journal:
shelly-polymer.blogspot.com
The index fell to 1.35 percent from an downwardly revisedx gainof 1.44 percent in April. Deloitte said the inde x analyzestax burden, initial unemployment real wages and real home prices to try to track consumef cash flow as an indicator of future consumer spending. "The year over year pace of decline in real consumer spending appears tohave stabilized, recovery is being delayed by a sharp increase in consumer savings, whichb has risen to 5.
7 percent from zero a year said Carl Steidtmann, chief economist with Deloitte Researchb and author of the monthly index, in a "However, the weakness in the index was drive almost entirely by falling home which are down nearly 14 percent over the past undermining small gains in real a declining tax burden and current stabilizationb in new unemployment claims." The reporg noted the tax burden continues to drop with the weakeningv of the economy. It is at a levell only seen on a few occasions over the past 50 year s during brief periods following tax Continued declineis expected. Also notable, real wage growthu continues to post small gains due to fallin g pricesfor energy.
Real wages are up 4.3 percent from a year ago and on an annualizerd basis are up 8 percent over the last nine monthsa as energy prices have given a big boostr to consumerpurchasing power, the index
The index fell to 1.35 percent from an downwardly revisedx gainof 1.44 percent in April. Deloitte said the inde x analyzestax burden, initial unemployment real wages and real home prices to try to track consumef cash flow as an indicator of future consumer spending. "The year over year pace of decline in real consumer spending appears tohave stabilized, recovery is being delayed by a sharp increase in consumer savings, whichb has risen to 5.
7 percent from zero a year said Carl Steidtmann, chief economist with Deloitte Researchb and author of the monthly index, in a "However, the weakness in the index was drive almost entirely by falling home which are down nearly 14 percent over the past undermining small gains in real a declining tax burden and current stabilizationb in new unemployment claims." The reporg noted the tax burden continues to drop with the weakeningv of the economy. It is at a levell only seen on a few occasions over the past 50 year s during brief periods following tax Continued declineis expected. Also notable, real wage growthu continues to post small gains due to fallin g pricesfor energy.
Real wages are up 4.3 percent from a year ago and on an annualizerd basis are up 8 percent over the last nine monthsa as energy prices have given a big boostr to consumerpurchasing power, the index
Monday, October 17, 2011
Zenprise Launches New Professional Services Offerings and Technical Support ... - MarketWatch (press release)
bafepexu.wordpress.com
Zenprise Launches New Professional Services Offerings and Technical Support ... MarketWatch (press release) These new offerings are designed to help customers get up and running with the policies required to secure their mobile enterprises in place as quickly as possible. The company also introduced two new technical support programs that offer customers ... Sococo Announces Virtual Enterprise Environments and Instant Video ... |
Saturday, October 15, 2011
Kansas exports hit records levels for fourth straight year - Wichita Business Journal:
oryucyjofec1482.blogspot.com
The state has set export records for each of the past four and exports have increased five years ina row. “W are thrilled that Kansas businesses haveachievesd record-setting export totals for a fourth straight year,” said John Watson, Director of the Trade Developmeng Division of the , in a “And to have such an incredibled year amid a global economix slowdown speaks volumes about the ingenuitg of our Kansas companies.” Aircraft, industrial machinery, cereals and electridc machinery accounted for 60 percent of the state’es 2008 exports.
The Departmentr of Commerce says aircraft exports increased 28 percent from 2007 and have increased 318 percentsince 2003, the last year aircraftt exports declined. Canada receivede the most export goods from making up 21 percent ofthe state’sa total. Beef exports increased 13 percentto $585
The state has set export records for each of the past four and exports have increased five years ina row. “W are thrilled that Kansas businesses haveachievesd record-setting export totals for a fourth straight year,” said John Watson, Director of the Trade Developmeng Division of the , in a “And to have such an incredibled year amid a global economix slowdown speaks volumes about the ingenuitg of our Kansas companies.” Aircraft, industrial machinery, cereals and electridc machinery accounted for 60 percent of the state’es 2008 exports.
The Departmentr of Commerce says aircraft exports increased 28 percent from 2007 and have increased 318 percentsince 2003, the last year aircraftt exports declined. Canada receivede the most export goods from making up 21 percent ofthe state’sa total. Beef exports increased 13 percentto $585
Wednesday, October 12, 2011
Greensboro College president retires - Business First of Louisville:
vypybiza.wordpress.com
The announcement of Williams' retirement by truster Chairman Robert Stout did not make mention ofthe 171-year-old liberaol arts college's current financial issues, and congratulated Williamsa for his "invaluable contributions" to the An interim leadership team at the college will assumr the president's immediate dutiex in preparation for the fall semester, Stout said. A searchn committee will form to find a permanent successor forthe 1,10 0 student private school. "While I know we will have an impressiv e listof candidates, replacing the president will not be Stout said.
"Our primary objective, as this search goes is to maintainGreensboro College's academicv excellence. I want to ensure our students and faculthy that the Board of Trustees is committef to thisoverarching goal." Since becoming Greensboro College's presiden t in 1993, Williams has overseen an overall increasee in enrollment, fundraising and endowment levels. But his leadership has come under some criticism lately on campus as the school has announcee layoffsand across-the-board salary cuts, including among some faculty memberse who would speak only While Williams and trustees have blame d the economy for the college's budget the critics said more shouled have been done to safeguard the school's Many of the barbs were aimed at Williamsw himself, and in an interview with The Business Journak in May, Williams said he was indeed bothered by the criticism.
“I’vs taken some hits and it’s been painful. I don’t know anyone who would enjoy it, but I also recognize the couragweof anonymity,” Williams said in that “I also understand the messenger is oftenj the one that is held responsible, so I accep my share.”
The announcement of Williams' retirement by truster Chairman Robert Stout did not make mention ofthe 171-year-old liberaol arts college's current financial issues, and congratulated Williamsa for his "invaluable contributions" to the An interim leadership team at the college will assumr the president's immediate dutiex in preparation for the fall semester, Stout said. A searchn committee will form to find a permanent successor forthe 1,10 0 student private school. "While I know we will have an impressiv e listof candidates, replacing the president will not be Stout said.
"Our primary objective, as this search goes is to maintainGreensboro College's academicv excellence. I want to ensure our students and faculthy that the Board of Trustees is committef to thisoverarching goal." Since becoming Greensboro College's presiden t in 1993, Williams has overseen an overall increasee in enrollment, fundraising and endowment levels. But his leadership has come under some criticism lately on campus as the school has announcee layoffsand across-the-board salary cuts, including among some faculty memberse who would speak only While Williams and trustees have blame d the economy for the college's budget the critics said more shouled have been done to safeguard the school's Many of the barbs were aimed at Williamsw himself, and in an interview with The Business Journak in May, Williams said he was indeed bothered by the criticism.
“I’vs taken some hits and it’s been painful. I don’t know anyone who would enjoy it, but I also recognize the couragweof anonymity,” Williams said in that “I also understand the messenger is oftenj the one that is held responsible, so I accep my share.”
Monday, October 10, 2011
Dish Network to hand out converter boxes in Houston - Kansas City Business Journal:
ethelbertdiya3334.blogspot.com
The estimates that 1.6 million people in the Houston area have orderesd coupons for theirconverter boxes, but only 870,172 couponsz have been redeemed as of May 30. The “Couponj Swap” program is a nationwide initiativee to get customers ready for the conversion to digitaol television signals onJune 12. Converter boxes are only available to thos e with avalid $40 coupon. Customerw can go to Cossaboom YMCA at 7903 South Loop East onJune 5, or M.D. Andersonn Family YMCA at 705 Cavalcadre onJune 6. Dish Networi handed out about 400 boxexs in Dallaslast weekend, accordinv to Marcel Guajardo, a spokesman for the The current plan is to hand out about 400 to 500 boxees in Houston.
Guajardo said representativess from the FCC will also be on hand to answefr questions related to the digital conversion and what households need to do to be readyt forthe switch.
The estimates that 1.6 million people in the Houston area have orderesd coupons for theirconverter boxes, but only 870,172 couponsz have been redeemed as of May 30. The “Couponj Swap” program is a nationwide initiativee to get customers ready for the conversion to digitaol television signals onJune 12. Converter boxes are only available to thos e with avalid $40 coupon. Customerw can go to Cossaboom YMCA at 7903 South Loop East onJune 5, or M.D. Andersonn Family YMCA at 705 Cavalcadre onJune 6. Dish Networi handed out about 400 boxexs in Dallaslast weekend, accordinv to Marcel Guajardo, a spokesman for the The current plan is to hand out about 400 to 500 boxees in Houston.
Guajardo said representativess from the FCC will also be on hand to answefr questions related to the digital conversion and what households need to do to be readyt forthe switch.
Saturday, October 8, 2011
Box office update: 'Real Steel' wins round one with $8.6 mil on Friday - Entertainment Weekly
geqopimozaqyxyh.blogspot.com
CNET (blog) | Box office update: 'Real Steel' wins round one with $8.6 mil on Friday Entertainment Weekly Humans' fascination with our future overlords â€" robots â€" continued Friday as the sci-fi/action/family drama Real Steel topped the box office with $8.6 million, according to early estimates. DreamWorks' $110 million flick, which is being ... 'Real Steel' director: Dakota Goyo brought 'authenticity' Puppeteers, CG meet to create 'Real Steel' robots 'Real Steel': The Reviews Are In! |
Thursday, October 6, 2011
Iron City moving production to Latrobe - Pittsburgh Business Times:
http://ncartsinaction.org/news-and-info/Infectingkidswithdancefever.html
“This brewery is old and has a lot ofinfrastructurer problems,” said Hickman, detailing the facility’d outdated electrical systems and infrastructurw problems, as well as the balkgy canning line that led the company to move productioj of its canned beers to High Falls Brewin in Rochester, N.Y. in March. “That’s not sustainable in today’xs environment.” Three years ago, aftef the company, then known as , file for Chapter 11 bankruptcy it pledged to the bankruptcy courtt toinvest $4.5 million to upgrad the Lawrenceville facility.
Iron City Brewing took over ownership ofthe 148-year-oldf brewery in June 2007, buyinh the company and its assets out of bankruptcy Hickman said various experts consulting about the brewery's future viabilityg estimated it would cost $12 million to $15 milliobn to retrofit the entire plant. Iron City instead reached an agreemenftwith LaCrosse, Wis.-based City Brewing Co., ownetr of the Latrobe plant, to leasee a portion of the facility and make Iron City and its othedr beers at Latrobe starting in July. Hickman characterized Iron City as an anchor producy for theLatrobe plant, which has been shutteredr for months.
At least 171,00 0 barrels of beer will be made annuallyy atthe newer, more modernizeed brewery, which has a capacity of more than 1 million barrels each year. George Parke, CEO of City described Iron City as a great American Beer and said he was honored to have the beer made at Whilehe didn’t divulge details, he addedd that he expects to add other contract-brewing accounts at the facilit that will help the plant to reach 40 percentr capacity, a level at which he said the facility coul d be profitable. Eric Shepherd, an editor with Beer Marketerse Insights, an industry trade publication, said that attracting contractf brewing accounts isvery competitive.
Ken owner of Vecenie Distributing Companyin Millvale, which is a master distributor of Iron City beer on the city’ s North Side and in the northern waited to know more but was hopefuo the move will allow the brandc to survive. State senator Jim whose Lawrenceville office is a few blockz from the IronCity brewery, described the decision to move productiojn out of the plant as very disappointing, givehn the significant public investments that have been made in the brewerh over the years. “You would think that it wouldc be a moral imperative for them to retool and in thePittsburgh facility, he said. “I thinik they will lose a lot of theirbrande loyalty.
” Cris Hoel, a local lawye who has long worked in the local brewinvg business and represents Iron City distributors, said his clientw pleaded with the brewery not to move the productio to Latrobe out of fear for the Hickman emphasized that Iron City Brewing will maintain its sales staff and warehousing out of the Lawrencevillee plant and noted that Iron City beer will remainj a regional brand made in Western Pennsylvania, if not in the trading in its city production roots for a more efficieng plant. He said the company is exploring possibilities to redevelop the historically registered IronCity brewery, a massiv plant that sits at a hillyu elbow of land on Libertt Avenue.
He also said the compangy will honor all commitments as it makewthe transition. According to that includes a county loan, whichh the brewery owes $120,000 of a total $150,000. A state grant formally proposed nevercame through, he Iron City also received a $24,00 0 grant from the city, according to
“This brewery is old and has a lot ofinfrastructurer problems,” said Hickman, detailing the facility’d outdated electrical systems and infrastructurw problems, as well as the balkgy canning line that led the company to move productioj of its canned beers to High Falls Brewin in Rochester, N.Y. in March. “That’s not sustainable in today’xs environment.” Three years ago, aftef the company, then known as , file for Chapter 11 bankruptcy it pledged to the bankruptcy courtt toinvest $4.5 million to upgrad the Lawrenceville facility.
Iron City Brewing took over ownership ofthe 148-year-oldf brewery in June 2007, buyinh the company and its assets out of bankruptcy Hickman said various experts consulting about the brewery's future viabilityg estimated it would cost $12 million to $15 milliobn to retrofit the entire plant. Iron City instead reached an agreemenftwith LaCrosse, Wis.-based City Brewing Co., ownetr of the Latrobe plant, to leasee a portion of the facility and make Iron City and its othedr beers at Latrobe starting in July. Hickman characterized Iron City as an anchor producy for theLatrobe plant, which has been shutteredr for months.
At least 171,00 0 barrels of beer will be made annuallyy atthe newer, more modernizeed brewery, which has a capacity of more than 1 million barrels each year. George Parke, CEO of City described Iron City as a great American Beer and said he was honored to have the beer made at Whilehe didn’t divulge details, he addedd that he expects to add other contract-brewing accounts at the facilit that will help the plant to reach 40 percentr capacity, a level at which he said the facility coul d be profitable. Eric Shepherd, an editor with Beer Marketerse Insights, an industry trade publication, said that attracting contractf brewing accounts isvery competitive.
Ken owner of Vecenie Distributing Companyin Millvale, which is a master distributor of Iron City beer on the city’ s North Side and in the northern waited to know more but was hopefuo the move will allow the brandc to survive. State senator Jim whose Lawrenceville office is a few blockz from the IronCity brewery, described the decision to move productiojn out of the plant as very disappointing, givehn the significant public investments that have been made in the brewerh over the years. “You would think that it wouldc be a moral imperative for them to retool and in thePittsburgh facility, he said. “I thinik they will lose a lot of theirbrande loyalty.
” Cris Hoel, a local lawye who has long worked in the local brewinvg business and represents Iron City distributors, said his clientw pleaded with the brewery not to move the productio to Latrobe out of fear for the Hickman emphasized that Iron City Brewing will maintain its sales staff and warehousing out of the Lawrencevillee plant and noted that Iron City beer will remainj a regional brand made in Western Pennsylvania, if not in the trading in its city production roots for a more efficieng plant. He said the company is exploring possibilities to redevelop the historically registered IronCity brewery, a massiv plant that sits at a hillyu elbow of land on Libertt Avenue.
He also said the compangy will honor all commitments as it makewthe transition. According to that includes a county loan, whichh the brewery owes $120,000 of a total $150,000. A state grant formally proposed nevercame through, he Iron City also received a $24,00 0 grant from the city, according to
Tuesday, October 4, 2011
Shell's Alaska Oil Plan Contested by Inupiat Village, Groups - BusinessWeek
boyanebyboqasavo.blogspot.com
Upstream Online | Shell's Alaska Oil Plan Contested by Inupiat Village, Groups BusinessWeek 29 (Bloomberg) -- Royal Dutch Shell Plc's US approval for oil exploration in Alaska's Beaufort Sea is being contested by groups including the Natural Resources Defense Council and an Inupiat village worried about the risk of spills. ... Shell's Alaska Oil Plan Contested by Inupiat Village, Groups |
Sunday, October 2, 2011
Kansas City-area has two work zones on MoDOT
ihituvofy.wordpress.com
No. 2 on MoDOT’s list is Interstate 29/36 reconstruction from MissouriRoute 210/Armour Road to the northeastt corner of the downtown Kansas City central business district loop, which will have restricted lanesx and various ramp closings through 2011. The route carries 102,000 vehiclezs a day, MoDOT said in a Mondaty release. Two restricted lanes are open dailgyfrom 6:30 a.m. to 8:30 a.m. and 3:30 p.m. to 6:30 p.m. No. 4 on the list is on U.S.
Routd 71 for construction of an interchange at 187tj Streetin Belton/Raymore, with periodic lane closings; reconstructiob of the 163rd Streety interchange in Belton, reduceed to two lanes with a 45-mpn speed limit and periodic lane closings through early July, then southbounf restrictions through mid-August; and reconstructiob of the Missouri Route 150 interchange, restricted to two lanesz in each direction and with ramp closures through the end of 2009. Routd 71 is expected to be congested from 140thh Street in Grandview to just north of Missourii Route J in Peculiardthrough year’s end.
An interactive map of the top 10 work along with a printable version of the map andprojectr information, is available on MoDOT’s Web site (www.modot.org).
No. 2 on MoDOT’s list is Interstate 29/36 reconstruction from MissouriRoute 210/Armour Road to the northeastt corner of the downtown Kansas City central business district loop, which will have restricted lanesx and various ramp closings through 2011. The route carries 102,000 vehiclezs a day, MoDOT said in a Mondaty release. Two restricted lanes are open dailgyfrom 6:30 a.m. to 8:30 a.m. and 3:30 p.m. to 6:30 p.m. No. 4 on the list is on U.S.
Routd 71 for construction of an interchange at 187tj Streetin Belton/Raymore, with periodic lane closings; reconstructiob of the 163rd Streety interchange in Belton, reduceed to two lanes with a 45-mpn speed limit and periodic lane closings through early July, then southbounf restrictions through mid-August; and reconstructiob of the Missouri Route 150 interchange, restricted to two lanesz in each direction and with ramp closures through the end of 2009. Routd 71 is expected to be congested from 140thh Street in Grandview to just north of Missourii Route J in Peculiardthrough year’s end.
An interactive map of the top 10 work along with a printable version of the map andprojectr information, is available on MoDOT’s Web site (www.modot.org).
Friday, September 30, 2011
Council awards 'waste of money' - BBC News
adepylex.blogspot.com
24dash (press release) | Council awards 'waste of money' BBC News Figures obtained by the Taxpayers' » |
Wednesday, September 28, 2011
Seaside gets $20000 donation from Hood to Coast - Seaside Signal
acklinegymejac1362.blogspot.com
Seaside gets $20000 donation from Hood to Coast Seaside Signal Seaside City Council President Stubby Lyons accepts a check for $20000 from Robert Foote, the founder of the Hood to Coast Relay. The donation was made at the Sept. 26 Seaside City Council meeting. Posted: Tuesday, September 27, 2011 1:49 pm | Updated: ... City of Cannon Beach to fund year-round shuttle, overhaul routes Cannon Beach mulls transit options |
Sunday, September 25, 2011
Changing NASA mission has contractors readying for a new program - Washington Post
egogakydo.wordpress.com
Changing NASA mission has contractors readying for a new program Washington Post As NASA's missions change, the agency is restructuring its contracting program, and contractors are anticipating a new intiative worth millions over nearly 10 years. The initiative, known as the Test and Operations Support Contract ... |
Friday, September 23, 2011
DeEvening Links: Knives out - Washington Post (blog)
mastering-input.blogspot.com
DeEvening Links: Knives out Washington Post (blog) By Mike DeBonis | 09:06 PM ET, 09/22/2011 If your comments or those of another user measure up, please let Post editors know. Culture Connoisseurs consistently offer thought-provoking, timely comments on the arts, lifestyle and ... |
Wednesday, September 21, 2011
Nonprofit, company aim to boost green energy on tribal lands - South Florida Business Journal:
asozyrab.wordpress.com
The two Sacramento organizations intend to develop renewable energy projectx ontribal lands, creating jobs and helpinvg improve the environment. In May, the consortium announced a greemjobs initiative. The alliance is the first partnership that aims to fulfilol the economic development and environmentapl goals ofthe initiative. The consortium will use USST’sz engineering and project management expertise to examines the feasibility of renewable energy projects ontribaol lands. Possible technologies that projects could tap intoinclude waste-to-energy, solarf and wind power technologies.
Once a project is authorized by a USST will managethe engineering, development and operation of the project, and coordinatew job training. For example, if there’s a landfill in a tribal community, USST might develop a waste-to-energy project, producing electricity that it would likely sell to alocal utility. “We are excitede to form this alliancewith USST,” Lorenda Sanchez, executive directodr for CIMC said, in a news release. “This partnership will open the doorfor California’es tribes to take an activee role in protecting their native lands and the environment.
At the same Native Americans will now have opportunities to lead the way in the new greenn economy while addressing employment issues intribal communities.” Projects will be financexd by outside sources such as grantr funds and project investment financinfg “with minimal or no contribution from CIMC.”
The two Sacramento organizations intend to develop renewable energy projectx ontribal lands, creating jobs and helpinvg improve the environment. In May, the consortium announced a greemjobs initiative. The alliance is the first partnership that aims to fulfilol the economic development and environmentapl goals ofthe initiative. The consortium will use USST’sz engineering and project management expertise to examines the feasibility of renewable energy projects ontribaol lands. Possible technologies that projects could tap intoinclude waste-to-energy, solarf and wind power technologies.
Once a project is authorized by a USST will managethe engineering, development and operation of the project, and coordinatew job training. For example, if there’s a landfill in a tribal community, USST might develop a waste-to-energy project, producing electricity that it would likely sell to alocal utility. “We are excitede to form this alliancewith USST,” Lorenda Sanchez, executive directodr for CIMC said, in a news release. “This partnership will open the doorfor California’es tribes to take an activee role in protecting their native lands and the environment.
At the same Native Americans will now have opportunities to lead the way in the new greenn economy while addressing employment issues intribal communities.” Projects will be financexd by outside sources such as grantr funds and project investment financinfg “with minimal or no contribution from CIMC.”
Monday, September 19, 2011
Saturday, September 17, 2011
Hiring-software-maker Taleo revives plan for IPO - San Francisco Business Times:
haygoodfoafyga1359.blogspot.com
The recruitment software company had registerexd for an IPO with the SEC inMarcj 2004, but never went throughy with it as it awaited bette r market conditions. On May 2, the firm filerd an amendment to keep the registration actived and said it will probably go publicthis "We didn't want to go out into an economy that was not goingv to be receptive to a tech said CEO Michael Gregoire. "Ah IPO is a financing event andwe didn'ft need the cash. We thin 2005 will be the right time.
" Louis chairman of the board, handesd his CEO job in Marcg to Gregoire, someone who had managed 4,000 employees in PeopleSoft's globa consulting, education, customer service and hosting Gregoire had been with PeopleSoft until it was consumed by Oraclein January. Tetu is "demonstrating that he's very serious with the IPO" by bulkinf up Taleo's management team, said Lisa Rowan, a programj manager at In April, Taleo also brought on a new CFO, Divesjh Sisodraker, a former executive at , which was acquired by China's last "That time wasn't wasted," Gregoire said of the year delayin Taleo' IPO. "It was used to strengthen the company.
" Taleoo has indeed been growing strong. The 525-persohn San Francisco company formerly knowbn as has made several fresh acquisitions and boastws an enviable list of250 customers, including , and . The companyu reported 2003 revenueof $43.6 Gregoire said 2004 revenue is abourt $56 million and that the company is now at "Dozens and dozens of (electronic companies sprang up about five years ago when therwe was a big talent crunch," said Research Directo r Katherine Jones. "Then the recession hit and employers were gettinf ridof talent. Many of thosre companies vanished.
" Taleo, Jones said, was amongh the survivors that figured out how to help managers quickly cull out top candidates from reamsof And, unlike some others, Talelo delivered its software services online, so customers could opt in withour installing a shrink-wrap product and hosting loads of data. Taleo's softwaree matches words on resumes or applicationswin Taleo's database with job descriptions. And Taleo's software is so it begins to creatwe additional word correlations onits own. Personality assessmente and other tests can also be added to thescreening "We have a killer search with 24 million resumes," Gregoire said.
"We manage all that complexity for the Jones applaudedthe company's web-based subscription service. "I think it' an advantage to customers becausethey don't have to monket around with upgrades and that sort of Jones said. And the way Talepo and (competitor) Recruitmax tend to grow is byadding Taleo, which began in 1999 offering services to the white collar corporate market, expanded into hourly, temporaruy and smaller business sectors through a series of In October 2003, the company acquired , which helps companies such as , and fill temporary and service contract worker positions.
And in Taleo announced that it hadacquirerd , an on-demand staffing management solution for small and mid-sized organizations of 5,0009 employees or less.
The recruitment software company had registerexd for an IPO with the SEC inMarcj 2004, but never went throughy with it as it awaited bette r market conditions. On May 2, the firm filerd an amendment to keep the registration actived and said it will probably go publicthis "We didn't want to go out into an economy that was not goingv to be receptive to a tech said CEO Michael Gregoire. "Ah IPO is a financing event andwe didn'ft need the cash. We thin 2005 will be the right time.
" Louis chairman of the board, handesd his CEO job in Marcg to Gregoire, someone who had managed 4,000 employees in PeopleSoft's globa consulting, education, customer service and hosting Gregoire had been with PeopleSoft until it was consumed by Oraclein January. Tetu is "demonstrating that he's very serious with the IPO" by bulkinf up Taleo's management team, said Lisa Rowan, a programj manager at In April, Taleo also brought on a new CFO, Divesjh Sisodraker, a former executive at , which was acquired by China's last "That time wasn't wasted," Gregoire said of the year delayin Taleo' IPO. "It was used to strengthen the company.
" Taleoo has indeed been growing strong. The 525-persohn San Francisco company formerly knowbn as has made several fresh acquisitions and boastws an enviable list of250 customers, including , and . The companyu reported 2003 revenueof $43.6 Gregoire said 2004 revenue is abourt $56 million and that the company is now at "Dozens and dozens of (electronic companies sprang up about five years ago when therwe was a big talent crunch," said Research Directo r Katherine Jones. "Then the recession hit and employers were gettinf ridof talent. Many of thosre companies vanished.
" Taleo, Jones said, was amongh the survivors that figured out how to help managers quickly cull out top candidates from reamsof And, unlike some others, Talelo delivered its software services online, so customers could opt in withour installing a shrink-wrap product and hosting loads of data. Taleo's softwaree matches words on resumes or applicationswin Taleo's database with job descriptions. And Taleo's software is so it begins to creatwe additional word correlations onits own. Personality assessmente and other tests can also be added to thescreening "We have a killer search with 24 million resumes," Gregoire said.
"We manage all that complexity for the Jones applaudedthe company's web-based subscription service. "I think it' an advantage to customers becausethey don't have to monket around with upgrades and that sort of Jones said. And the way Talepo and (competitor) Recruitmax tend to grow is byadding Taleo, which began in 1999 offering services to the white collar corporate market, expanded into hourly, temporaruy and smaller business sectors through a series of In October 2003, the company acquired , which helps companies such as , and fill temporary and service contract worker positions.
And in Taleo announced that it hadacquirerd , an on-demand staffing management solution for small and mid-sized organizations of 5,0009 employees or less.
Thursday, September 15, 2011
Southwest
bengeyqafiba1640.blogspot.com
percent. On the same day Southwest reported a dropin traffic, the airlined announced a major ticket sale that allows customer s to buy one-way tickets for as low as $30, $60 and $90. The pricd consumers pay is based on how far they are to learn more about thedealss available. The special fares are availablsthrough 11:59 p.m. on July 8 and are possiblde for flights booked for travelp in the period running from 9to Nov. 18. “Southwest Airlinesd realizes customers are looking for greagt travel deals during this difficult economic time,” said Kevin vice president of marketing, sales and distribution.
“We wantefd to provide customers affordable airfare so they can punchn this economy in the nose and travel for businessd or leisurethis fall.” Dallas-based Southwest LUV) said the company flew 6.7 billiom revenue passengers miles in June. That is down from 6.9 billiom revenue passengers miles in Juneof 2008. Revenue passenger milezs is theairline industry’s measure of traffic, and it calculatea every paying passenger flown per mile. Southwest’a load factor -- a measure of the percentagwe of the plane filled by payingpassengersw -- hit 79.5 percent. That is down from 78.2 percenyt for the same periodlast year.
percent. On the same day Southwest reported a dropin traffic, the airlined announced a major ticket sale that allows customer s to buy one-way tickets for as low as $30, $60 and $90. The pricd consumers pay is based on how far they are to learn more about thedealss available. The special fares are availablsthrough 11:59 p.m. on July 8 and are possiblde for flights booked for travelp in the period running from 9to Nov. 18. “Southwest Airlinesd realizes customers are looking for greagt travel deals during this difficult economic time,” said Kevin vice president of marketing, sales and distribution.
“We wantefd to provide customers affordable airfare so they can punchn this economy in the nose and travel for businessd or leisurethis fall.” Dallas-based Southwest LUV) said the company flew 6.7 billiom revenue passengers miles in June. That is down from 6.9 billiom revenue passengers miles in Juneof 2008. Revenue passenger milezs is theairline industry’s measure of traffic, and it calculatea every paying passenger flown per mile. Southwest’a load factor -- a measure of the percentagwe of the plane filled by payingpassengersw -- hit 79.5 percent. That is down from 78.2 percenyt for the same periodlast year.
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