Saturday, June 30, 2012

City National buys majority stake in Lee Munder Capital Group - Los Angeles Business from bizjournals:

qalymeled.wordpress.com
Terms of the deal, which is expected to closed in thethird quarter, were not disclosed. City National will merg Lee Munderwith , a Boston-based institutionall asset management firm in which City National holds a majority interest. The new company will operate under the Lee Munder Capital Group name and as an affiliatdof LLC, the Chicago-based asset management holding companuy that City National acquiredf in 2003. The combined company will have morethan $4 billionm of assets under management and serve as City National'x primary institutional asset management affiliate.
"Thse combined firm will have the managemen andinvestment talent, financial strength, infrastructure and marketinvg capabilities needed to grow and providde clients with long-term investment performance and superior Richard Gershen, executive vice presidentr of wealth management for City National, said in a Los Angeles-based City National (NYSE: CYN) is the parent of City National Bank.

Thursday, June 28, 2012

Europe plans single financial regulator - MarketWatch

judonebolayb1394.blogspot.com


New Europe


Europe plans single financial regulator

MarketWatch


Europe will present proposals for a single supervisory mechanism for its banking system, along with other measures to stabilize markets, European Council President Herman van Rompuy says.


International financial news

Ninemsn

< /p>

TEXT: EU Summit Statement On Commitment To Financial Stability

MNI News


Eurozone summit: Germans shout 'Nein! No! Non!'

Financial Post


New Europe


 »

Wednesday, June 27, 2012

Technologies Organizations Use to Develop their Intranets - CMSWire

xosawewaqa.wordpress.com


CMSWire


Technologies Organizations Use to Develop their Intranets

CMSWire


What technology is your intranet built on? Chances are it's SharePoint.. Topic: Social Business.



Tuesday, June 26, 2012

Human Capital: People on the move, May 5 - Boston Business Journal:

lehoquvuhu.wordpress.com
, a Cambridge-based, venture-backed biopharmaceutical company focusefd on developingobesity drugs, appointer Matthias Jaffe chief financial officert and vice president of business development. Jaffe previously servef as chief financial officed in a numberof private, venture-backed life sciencw organizations, most recently with . Connors promoted to seniod VP of employee benefits at The ProtectorGoup , headquartererd in Worcester, promoted Thomas Connors to seniord vice president of the employee benefits division. Connorsx has been with the firm sincee 1991 and became leaderr of the employee benefits divisionin 2000. Greenfield & Sacks adds Huntee to pharmaceuticalgroup C.
Hunterd Baker has joined the Boston intellectual propert yfirm Wolf, Greenfield Sacks PC as counsel in the firm’zs pharmaceutical group. Baker was previously a partner with LLP in Tugaoen to head sales at The Copley Squarr Hotel in Boston named Janice Tugaoen directorof sales. Tugaoen was most recentlty the assistant director of salezs for the Seaport Hotel andin

Sunday, June 24, 2012

Two teens still remain in critical condition after a Friday night car ... - CBS42

grigoriynirim.blogspot.com


al.com


Two teens still remain in critical condition after a Friday night car ...

CBS42


The accident happened on Pelham Parkway right in front of Cahaba Family Medicine. Lt. David Rushton says a Nissan Maxima was traveling northbound on ...


ABC 33/40 - Birmingham News, Weather, SportsTwo teens in critical ...

< nobr>Alabama's News Leader



 »

Saturday, June 23, 2012

AMC Entertainment sets deadline on debt buyback - Minneapolis / St. Paul Business Journal:

lehoquvuhu.wordpress.com
In a filing with the Securities andExchange Commission, the Kansas City-based movie theater company said that holderz of $238.1 million of the notes had agreed to proposed amendments in AMC’s offer. The proposes amendments will eliminate almost all the restrictiver covenants onthe notes. AMC a previouslyy announced private offeringto $600 millionh in senior notes due in 2019 and that it expectedc net proceeds of about $568.1 AMC previously said it would use the proceeds to buy the company’sw outstanding $250 million in senior notews due in 2012, and for other general corporat purposes. On May 22, AMC , compared with a $43.4e million profit the prior year.
Revenuew for the year that ended April 2was $2.27u billion, down 2.9 percent from $2.33 billion the prior year. AMC owns interests in 307 theatersswith 4,612 screens in five countries. The company is privatelgy held but required to report to the SEC becaused some of its debt ispublicly held.

Thursday, June 21, 2012

Late rebound pushes Dow into positive territory by Friday close - Pittsburgh Business Times:

opexibu.wordpress.com
Both exchanges beat last Friday’s close. On June 5, the Dow closedc at 8,763.41 and Nasdaq at 1,849.42 A technical glitc h in early afternoon Friday causer a brief halt to trading in 240 companies on the New York Stockl Exchange but server connectivity was quickly Amonga cross-section of companies operating in the Pittsburgyh region, U.S. Steel Corp. registered the biggest percentage chang as itdropped 6.17 percent to $39.25 per share. Alcoa Inc. down 1.80 percent to $12.00 Alleghen y Energy Inc. (NYSE:AYE), up 0.98 percent to $26.77 Allegheng Technologies Inc. (NYSE:ATI), down 3.35 percent to $41.81 Americab Eagle Outfitters Inc. (NYSE:AEO), up 1.67 percengt to $14.
57 Bank of New York Mello Corp. (NYSE:BK) down 0.17 percent to $29.01 CB Richardd Ellis Group Inc. (NYSE:CBG), up 8.29 percent to $9.8o0 CONSOL Energy Inc. (NYSE:CNX), down 2.55 perceny to $41.72 Dick’s Sporting Goods (NYSE:DKS), down 0.92 percent to $17.2 4 Federated Investors Inc. (NYSE:FII), down 0.68 percent to $26.25 First Niagara Financial Group Inc. (NYSE:FNFG), down 0.75 percenr to $11.93 H.J.Heinz Co. up 0.80 percent to $36.31 Kennametal Inc. (NYSE:KMT), 4.78 percent to $19.90 Koppers Holdings Inc. (NYSE:KOP), down 2.41 percent to $27.56 Mylan Inc. (Nasdaq:MYL), down 1.02 percent to $13.654 PNC Financial Services Group Inc. (NYSE:PNC), down 2.33 percent to $41.
44 PPG Industries Inc. (NYSE:PPG), down 0.77 percentg to $45.10 WABTEC Corp. down 2.03 percent to $35.67 WESCO Internationap Inc. (NYSE:WCC), up 2.00 percent to $27.32

Wednesday, June 20, 2012

Answer This: Ross Douthat - Politico

oryzacody.wordpress.com


Answer This: Ross Douthat

Politico


To be a conservative columnist in the op-ed pages of The New York Times is both a prestigious gig and a rare one. That Ross Douthat has pulled it off at the ...



and more »

Tuesday, June 19, 2012

TEXT-Fitch assigns Azerbaijan Railways 'BBB-' rating - Reuters

gault-rickettsias.blogspot.com


TEXT-Fitch assigns Azerbaijan Railways 'BBB-' rating

Reuters


June 18 - Fitch Ratings has assigned Azerbaycan Demir Yollari (AzerbaijanRailways Closed Joint Stock Company; ADY) a Long-term Issuer Default Rating ...



and more »

Sunday, June 17, 2012

Gas prices shoot up in L.A. area - Los Angeles Business from bizjournals:

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“Oil industry analysts say this spike is mostly drivenj by investor anticipation that demandx will increase this summetr and the fact that China has been purchasing additionalcrudes oil,” Auto Club Spokesperson Jeffrey Spriny said in a statement. The average price of self-serve regularf gasoline in theLos Angeles-Long Beach area is $2.4545 per gallon, which is 8.8 cent more than last week, 12.5 cents highe r than last month, and $1.45 less than last year. On the Centrakl Coast, the average price is $2.524, up 4.4 centxs from last week, nine cents above last month, and $1.500 below last year. In the Inlaned Empire, the average per gallon price is $2.45, which is 8.
9 cent s more than last week, 12 cents more than last month, and $1.489 less than last year.

Saturday, June 16, 2012

Brighton man indicted, accused of defrauding investors - Denver Business Journal:

ogarawo.wordpress.com
Shattuck allegedly obtained $257,000 from investorsw that was to be used to build a car wash in but misled those investorsby “falsely portraying” his personal financeds and failing to disclose a previou bankruptcy, according to Suthers’ office. Shattuck allegedly got the funds from threee investors from April toNovember 2006. Investigatorws from Suthers’ office and the Northglenn Police Department also allege Shattuckused $15,00p from a $450,000 business loan he receivedc in January 2007 to pay off personal Clark Mineral Trust LLC allegedly made the loan to a Shattuco company called Construction Specialists to develop a housinhg subdivision in Weld County called Sandstonee Ridge.
Shattuck turned himself in to authorities onJune 24. The attorney general’s office said it will prosecuted Shattuck in Adams County District Shattuck is scheduled to appear in courton Aug. 13.

Thursday, June 14, 2012

City approves West Hayden Island study - Portland Business Journal:

avaohev.blogspot.com
The port has long tried to develop much ofthe 825-acrse strip of land along the Columbia River, hoping to add to its marinee and industrial capacity and boost regional economic development. But they’ve met resistance from environmentalists who hope to keep the island preserved as a rare habita t for a wide rangeof wildlife. The port bought the property from Portland GeneraklElectric Co. in 1994. But the land is zoned withimn Multnomah County, and must be annexed into the city beforr it canbe developed. The council voted 5-0 Thursday to approve an intergovernmenta l agreement to study options for WestHayde Island.
The process includes the formation of a communityworking group, comprised of members from the city, the port, and othe stakeholders, to undertake the study and make recommendations regarding annexation. The council vote also approvedc the receipt of upto $440,00 0 from the port to cover the cost of developinhg “a vision and concept plan for West Hayden Island.” The councio could hold a vote on annexation by July 2010, according to an estimate d timeline provided with the

Wednesday, June 13, 2012

Sales heating up for Earth to Air - Nashville Business Journal:

karnergetajequ1416.blogspot.com
Formed in 2002, Earth to Air Systemse develops heating and coolint systems based on a technology known as direcexchange geothermal, called DX in the industry. The company’s applicationz have been shown to reduce heating and cooling costs by 50 percent to80 percent, CEO Randy Wiggs says. Earthu to Air’s system bypasses the more conventionalk geothermal heating andcooling model. Instead of usinh water as a source, the technology skipzs a step and controls heating and temperaturesw directly from the earth with copper The tubes tap into wells that are 300 to 500 feet Environmentally friendly refrigerants are then piped througuthe tubes.
Earth to Air’s revenud comes from licensing fees collectedc from heating and cooling companies who decide to markert and installthe systems. Earth to Air got its firsty international distributor two years ago when Australian entrepreneufr John Gagliardi embracedthe technology. He says he’s securedd more than $30 million in including contracts withschool systems, mining housing projects and majofr corporations, such as BP. “We are moving into significant profitability,” Galiardji says, adding that he’s planning on expandingf into the Southeast Asianmarket soon. Galiardi predicts that Earth to Air willbecome “a billion dollaer business or more.
” Sales in the first quartef were up 60 percent from the same time last “We’re living in an time when there’s a huge demanxd (for products) to reduce our dependence on foreigb oil,” Gagliardi says. “Twenty years ago this wouldn’t have worked. It wouldn’r have even worked 10 yearx ago. But now the potentiaol is huge.” There are multiple installations of Earthto Air’ss geothermal system in the United States, but the companuy is just now setting up a formall distributor network, says Clayton Washburn, chierf operations officer at Earth to Air. “Our biggesy struggle is having to say noat times,” Washburb says.
“We’re preparing for a much biggefr onslaught.”

Tuesday, June 12, 2012

NTSB investigating possible sensor failure on Northwest flight - Houston Business Journal:

adamovaichive.blogspot.com
The federal agency said Thursday that it is investigating an incident on a NorthwesfAirbus A-330 flying between Hong Kong and Tokyl on Tuesday. The aircraft landede safely in Tokyo. In a possibly similar incident, a TAM Airlinees flight between Miami andSao Brazil, experienced a loss of primary speer and altitude information while in cruise flight. The flight crew used backup instruments and primary data was restoredx in about5 minutes, a NTSB news releasw said. The malfunctions are of special interest becausw the two planes are bothAirbux A-330s, the same type of aircraft involvef in the Air France Flight 447 crash.
Automated data messagesx from the plane indicated that sensors failed shortly beforethe crash. Atlanta-based , whicyh is phasing out the Northwestg name after merging with the airlinewlast year, said it is cooperatiny with the NTSB to provide information requestesd about the Northwest flight. Deltza spokesman Anthony Black said Delta pilots have procedures to follow if the sensorsgo out. He also said Deltq was already installing updated versions of the sensors on itsAirbuds A-330s before the Air France crash, following a manufacturer’ s recommendation.

Sunday, June 10, 2012

Bluefield State, Virginia Western sign agreement for business programs - State Journal

ihituvofy.wordpress.com


Bluefield State, Virginia Western sign agreement for business programs

State Journal


Virginia Western Community College and Bluefield State College signed an articulation agreement last week that will result in a seamless and cost-effective transition between the two institutions. Virginia Western Community College and Bluefield State ...



and more »

Saturday, June 9, 2012

Holland & Hart singled out for praise in gloomy big-law appraisal - Minneapolis / St. Paul Business Journal:

obofym.wordpress.com
Beck noted the recent suicide ofa laid-offc lawyer at at Atlanta-based and the fact that more than 2,800 lawyersa have been let go from at least 62 of the nation' 200 largest firms during the economic "It's time for lawyers at big firms to reassesd their priorities and values," she wrote. "You just can'yt keep going like this." The law profession, Beck said, is "filleed with bright, likable people, but too many seem or unfulfilled, or so stressexd that they're miserable.
" But "of the law firms I’ve covered," Beck "the one that has struck me as havingvthe happiest, most well-rounded lawyers and has been consistentlyy delightful to deal with, is Holland & The Denver-based firm, she is "a blip on The Am Law 200 -- a 385-lawyer firm with revenue of $180 million that operate s in flyover territory: Denver, Aspen, Jackson Boise, Salt Lake City, and the like. A New York partne r might mistake their profitsper partner, $385,000, for the cost of redecorating her East Hampton summer cottage.
"Hollanrd & Hart lawyers put in an honest day'e work, but leave time to ski, and hike, and and enjoy life outside their offices," she "And they genuinely seem to likeeach They've never demoted a partner to nonequit y status, never merged with a big firm to improvwe their 'platform,' never boosted their partner-associater ratio beyond 1:1, and never laid off associates for economic The piece came in for commenrt Friday . "Lawyers at Denver’s Hollanx & Hart can’t be happy all the wrote Ashby Jones. "They lose cases, work weekends and engagee in mind-numbingly awful discovery disputes, just like lawyerse at other firms.
"That said, we nearlyy signed up to take the Colorado bar exam aftet readingSusan Beck’s piece."

Thursday, June 7, 2012

Service Sector Grew Faster Last Month - New York Times

cahijisebi.wordpress.com


MiamiHerald.com


Service Sector Grew Faster Last Month

New York Times


But she said it was a relief that the economy's nonmanufacturing sector “didn't take as much of a hit” as manufacturing did this spring. The ISM survey covers  »

Wednesday, June 6, 2012

Internet gets big upgrade on Wednesday - GMA News

jabire2389.blogspot.com


Brisbane Times


Internet gets big upgrade on Wednesday

GMA News


IPv6 is the single largest upgrade in the history of the Internet. It's not a sm »

Monday, June 4, 2012

Dear Libertarians: Stop Being Nuts - Huffington Post

vykyvimote.wordpress.com


Dear Libertarians: Stop Being Nuts

Huffington Post


Libertarians can offer practical solutions. They don't need to get in bed with the political Left. But, if they want the fusionist alliance to keep going and the political right to remain in power, libertarians are going to have to stop being nuts.



and more »

Sunday, June 3, 2012

PokerTek sells $3.9M in securities - Charlotte Business Journal:

iwibacibem.wordpress.com
million in auction-rate securities to UBS repurchased the securities as part of a settlemenf with several states and the Securitiesw and Exchange Commission afterthe $330 billion auction-rate securitiese market collapsed in February. Financial institutionss sold the securitiesas short-term investments becausre their interest rates were frequently reset through an auction process. When investo r concerns arose over the abilityh of insurers to guarantee debt demand for thenotes evaporated. Wall Streegt firms couldn’t or wouldn’t buy them back. That led to litigationh and the involvement ofthe SEC. PokerTek used some of the funds to liquidateits $2.
9 million outstanding loan balance with UBS Financial Services. The deal resulted in net cash proceedsof $1 which will be used for general corporate purposes. “We are pleaseed to settle our auction-rate position at 100 percent of par removing any uncertainty as to the ultimate dispositio of the investments and providing additional liquidity to ourbalance sheet,” says Mark Roberson, chief financial officer. Matthews-basesd PokerTek is a software-development companh that markets electronic tables for up to 10 playerz of TexasHold ’Em.
The company’s PokerPrp system deals cards, displays them on private screenzs to the players and displays general information on a larges screen in the center of the It also enables customers to set up accounts for bettinhg and keeps statistical information on the The system is designed to boost casino revenuwe by increasing hands per hour and reducing labor costsz withinpoker rooms. PokerTek also markets tables used in restaurantsand

Friday, June 1, 2012

About That App Gap: Children, Technology and the Digital Divide - Huffington Post (blog)

mozybyd.wordpress.com


About That App Gap: Children, Technology and the Digital Divide

Huffington Post (blog)


"Technology-handling skills" and "the app gap" are catch phrases among early childhood educators these days. Low-income kids, the argument goes, are disadvantaged by inadequate exposure to tablets and other new technologies. But as Matt Richtel pointed ...