Thursday, November 29, 2012

Wednesday, November 28, 2012

D.C. Mayor taps Valerie Santos as deputy mayor - Pacific Business News (Honolulu):

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Santos, as chief operating officer underd Albert, has been closely involved in decision-makingh on many of the real estats dealsAlbert managed, includinh major city projects such as Poplatr Point. Albert began his new job as city administratofron Monday, replacing Dan who is taking a job in the Obamsa administration. "In Ms. Santos, we not only have a steadt hand who knowsthe job, we have someons who is a consummatr professional who will bring private-sector talents to get the job Fenty said. Santos was previously a vice president at commercialk real estate services firm and a managerwith 's real estatee group.
She holds both an MBA and master's of publixc policy from the Kennedy School of Governmenrtat . Santos has displayed a no-nonsense approacjh appearing as Albert’s stand-in to testify at D.C. Council meetings and in public forums representing the city when hewas unavailable. She is already getting her feet wet in dealinv with the political aspects ofthe job. On when the D.C. Council was busy squaring away final details of budgetrimplementation legislation, Santos and Albert’s other top Director of Development David Jannarone, moved arouned the Wilson Building seeking changes from council members. Santos apparentlhy was not Fenty’s initial choice to be deput mayor.
Greg O’Dell, Washington Conventiohn Center Authority CEO and a former staff membef of thedeputy mayor’s office, had been considerecd a top candidate to replacse Albert, but a source closw to O'Dell says he was offered the job and turnede it down. O’Dell would not confirm that, but indicated he wouldr remain in hiscurren post, where he is now tasked with seekingt public financing for all of a $550 milliom convention center hotel. “The board and the mayotr have every expectation of me completinf all the tasks Ihave here,” he Fenty would not say whether he had offeres the job to O’Dell or anyone else before Santos.
He announced the pick outsid the Walker JonesElementary School, which is being rebuilgt as part of a new Northwes t One neighborhood, and said she was “the first person who has risemn to the deputy mayor’s position from withihn the ranks.” “I think it’s a greaf sign for the D.C. government that not only does Valerir Santos have amazing experiencre in the private sector butthat she’s been hard at work serving the peoplre of the District of Columbia for the last two the mayor said.
He said Santoxs shared the vision that he and Albert had for how economidc development in the city shouldbe run, not by owning or overl y managing projects but by allowing the private sector to bring ideas to the “We should try to just facilitate development. We’vr got the greatest business community in the world herein D.C. We don’tr need to try to replicate what they’re We don’t need an emphasie on owning or building inthe D.C. We need to facilitate.
And to do so, we need to hire the best and the brightesgtand we’ve done Santos, 36, who lives in Columbia Heights, was working for Jonesz Lang LaSalle as a consultant to the city when Albert -- whom she calle a mentor -- recruited her to work for him. She is believec to be the first woman to serve in the rolefor D.C. and will manags 65 employees and as well as oversed the Officeof Planning, Department of Housinbg and Community Development, the Office of Property Management and the Washington D.C. Economic a contractor.
“In the coming weeks my goal is to ensure asmoot transition, which I expect will be relatively because I am very fortunate to manage a very talente and skilled team,” she said. She said she woulr continue to move projects all overthe city, with a particula focus on those east of the Anacostia such as the planned redevelopment of St. Elizabethx Hospital in Southeast D.C. “We will continue to focus on implementinvMayor Fenty’s vision for economic development. In the contexrt of the current economic we will focus on businessa attraction andretention efforts, and in continuinyg to provide tools to allow our local business and not-for-profitsz to grow,” she said.
A member of the D.C. Councikl who regularly butts headswith Albert, Councilman Kwamre Brown, D-at large and chairr of the economic development committee, issued a presss release during the announcement sayiny he was disappointed he was not invited but sayingy Santos “has the experience and the operational knowledge” for the job and that her appointmeng was “an opportunity to forgre a new relationship between the Council and the executive to createw jobs for District residents, new opportunities for locak businesses, more affordable housing and to efficientlyy move projects to completion.

Sunday, November 25, 2012

Russell Martin might play shortstop for Canada in WBC - NBCSports.com

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Russell Martin might play shortstop for Canada in WBC

NBCSports.com


[Russell] Martin, a Canadian citizen, told Greg Hamilton, the Baseball Canada head coach and director of the national teams, that he wants to play shortstop in the W.B.C. Hamilton was receptive to the idea. Canada has two major league catchers on its ...



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Friday, November 23, 2012

Crosstex Energy to sell assets for $220M - Sacramento Business Journal:

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Both companies are based in Dallas. The assetxs include 780 miles of intrastate gathering and transmission pipelinesz that have a capacity toproduce 185,000 million British thermal units per day. The Southn Texas system has 1,400 miles of transmission pipelines with a capacityu toproduce 600,000 British thermal units per day, Crosstex said in a statement. Crosstex Energyy LP (NASDAQ: XTEX) said proceeds from the sale will be used to pay down morethan $200 millio n that the company has in outstanding “The sale of our Mississippi, Alabama and South Texax assets enables us to strengthen our balance sheet as we pursuee our strategy to increase reduce leverage and improve profitability,” said Barrh E.
Davis, Crosstex President and CEO. “We continue to focus on the growtgh of our strategic assets in Northb Texasand Louisiana, as well as our treatingg business, and remain committed to being a premier providerf of midstream energy services.”

Thursday, November 22, 2012

Golden Gate University eyes new highrise - St. Louis Business Journal:

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Bob Hite, vice president of businesw affairs and CFO for Golden Gate said the university started discussinf a plan to sellits 33,000-square-foot propertt at Mission and First streets to a highrised developer about a year ago. The site now holdw Golden Gate’s main building, and he said the universityu would only be interested if it coulxd either be part of anew mixed-use developmen on the site or move to another location in downtown San Francisco. Goldenm Gate has hired land use attornety Pam Duffy of LLP and has put together a task force to look atpotentiakl deals.
Buzz about Golden Gate University’s interest in finding a developert for its site increasex after a May 26 Planninhg Department Transbay forum during which a new zoning map was showingan 850-foot proposed height at 536 Missio St. While planner Joshuw Switzky said previous versionsd of the map had also designated the parcel for higheer than800 feet, Hite said the new zoning was news to Goldenm Gate University officials. “The first we knew of the 850-foof heights was at last week’sd meeting,” said Hite.
“This is a and we think a very good If approved, Golden Gate’s rezoning would be part of a highrisew cluster around a 1,000-foot Transbay Tower that wouls include six skyscrapers over 600 feet and alloqw for another 5.8 million square feet of new officre space, 1,350 housing units and 1,350 hotel Fees from the development would help raise betweejn $700 million and $850 million to help pay for a $2 billionj transit center. However, with construction costw still relatively high and housing prices and office rents in decline it is unlikelyg that any of these towers will be built in the next five accordingto experts.
The latest zoning proposakl pits Golden Gate University against neighboring developerDavid Choo, who owns sevejn parcels in and around Firsf and Mission streets. The latest Transbay plan calls for two talltowersa — one 700 feet and one 850 feet on the block that includes both Choo’s propertg and the Golden Gate Universitt property. Choo has been trying to sell his parcels as a unifiex site that alone could accommodat e thetwo towers, one 700 feet and one 850 Thus, if a tower is designated for the Goldenh Gate University property, it could reduce the Choo property to just one tower of either 700 feet or 850 feet.
In 2006, Choo filed an applicationn to build as many as five towerd onhis property, but over the past 18 monthss has been trying to sell a numbert of San Francisco building sites as his commercial mortgage lending business, , has suffered severde losses. One of his funds, II, filed for Chaptedr 11 bankruptcy onMarch 31. Hite said he and Goldenj Gate President Dan Angel met with Planninb Director John Rahaim and other planners and made a case for 536 Mission St. “We shared with them our belief that we thinik our site should be designated thehigher site,” he said.
principalo Jeffrey Heller, who has been workinhg with Choo on schemes for First and Mission and is designint another tower in theTransbay district, said the talletr tower belongs on the Choo site because it is closer to the proposed Transbagy Tower. “The urban design plansx and protocols for the Transbay planning area all say the tall buildingds should be clustered around the Transbay Towerr to create a hill and I believe that is an absolutely essential piece of how they finally set the heights in the he said.
“I think it’s importanty that the planning effort refocusezs on this because Ithink it’s gettingt vague and watered down by a variety of claims for Golden Gate University has 5,000 students and offerss graduate and undergraduate degrees in law, accounting, business administration, communications and other areas It has been in the Mission Street building since 1968. Hite emphasized that they need to stay in the greater financial district because most students walk to class from jobs at downtownb accounting andlaw firms. “The only way this would make sensd to us is if it helper us financiallyand operationally,” said Hite.
“W would not do it for the mone y if it would screw up oureducational Duffy, the land use attorney, “Like most property owners in the area, Goldem Gate University is interested in what happens in the community around them and how it mighyt effect them. “They are one of the majodr downtown institutions and a significant employer with a significantstudentf body,” said Duffy. Hite said Golden Gate would be willinvg to move into the bottom six or seven floorsx ofa mixed-use but acknowledged that any developmentf would be years away. “I thin we have a lot of time on our he said.

Wednesday, November 21, 2012

Rocky Glen nature site proponents excited about possible new owner - Peoria Journal Star

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Rocky Glen nature site proponents excited about possible new owner

Peoria Journal Star


Proponents of Rocky Glen excited about possible city ownership. Hearing will explore means by which city of Peoria might purchase wilderness site. Tweet · Zoom. Photos. rockyglen.jpg. DAVID ZALAZNIK/JOURNAL STAR. Jim Thomas, right, stops for a ...



Monday, November 19, 2012

Pianist Teaches Veterans How to Play Instruments for Therapy - ABC News

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ABC News


Pianist Teaches Veterans How to Play Instruments for Therapy

ABC News


Cpl. Tim Donley was on patrol in Afghanistan Feb. 9 when he stepped on an improvised explosive device. The blast caused the loss of both his legs and severe injury to his arm. But when Donley stepped on stage at the 6th annual Stand Up for Heroes ...



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Sunday, November 18, 2012

Sunday Dialogue: New Tack for the GOP? - New York Times

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New York Times


Sunday Dialogue: New Tack for the GOP?

New York Times


After its election loss, some urge a more moderate course. To the Editor: Now that Republicans have lost the presidential election and the party's leaders have failed to achieve their stated priority, to make Barack Obama a one-term president, debate ...



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Saturday, November 17, 2012

Palin to make weekend sweep through Pennsylvania - Pittsburgh Business Times:

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Peter Feldman, a spokesman with the McCain-Palin campaign, said Thursday that not all the detailxsof Palin's visit had been but that she would arrive at Friday at 3:30 p.m. She will head to the , for a 5:30 p.m. "finance Palin is scheduled to appear Saturday morning at a rally in Johnstowj before trekking to PhiladelphiaSaturdayh night. Feldman said Palin isn't pickint a favorite in the Flyersgame vs. the New York "She's neutral," he said. The Flyers invitedc Palin to drop the puck based on thepublicitg she's generated for the sport, accordin to a statement from the team'w owner.
She'll join the winner of the "Ultimate Hockey Mom" contesty at center ice. “We invited the most popularf hockey mom in North America to our home openetr to help us get our season said Flyers ownerEd Snider. “We are very excited she has accepteed our offer and we are very proudr of the publicity she is generating for hockey moms and the sporof hockey.” At the in Palin made her now oft-repeated quip that the only differencr between a hockey mom and a pit bull is

Thursday, November 15, 2012

Twins in Petraeus scandal took photo with Rubio - Huffington Post

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Twins in Petraeus scandal took photo with Rubio

Huffington Post


TAMPA, Fla. â€" The host of a fundraiser for Sen. Marco Rubio says the twin sisters involved in the David Petraeus scandal crashed one of Rubio's campaign fundraisers. Angelette Aviles hosted the fundraiser in 2010. She said Thursday that the twins, ...



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Wednesday, November 14, 2012

Delegates Call For Action On Corruption - AllAfrica.com

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AllAfrica.com


Delegates Call For Action On Corruption

AllAfrica.com


DELEGATES at the Chama Cha Mapinduzi (CCM) National Congress have called on leaders of the party to nullify the results of the elections that were marred by acts of corruption. They also urged the party leadership to dismiss members causing divisions ...



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Monday, November 12, 2012

Former Atlanta broker gets 6 years in prison for fraud - Atlanta Business Chronicle:

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The 48-year-old Atlanta resident also mustpay $878,100 in restitution. He was sued previouslty by the U.S. Securities and Exchange which obtained a judgment against Barton and his formerd investment firms for morethan $4 milliobn in penalties and disgorgement of profits, as well as variou s injunctive and other relief. From at leasrt 1995 through 2002, Barton was a manager at an Atlants branch of the national brokeragefirm , based in St. Louis. Afterf he was fired from A.G. Edwards in he began his own investment advisory LLCand LLC, both based in From at least 2001 through 2007 -- beforee and after leaving A.G.
Edwards -- Bartobn fraudulently diverted to himself client fundd that he was entrustedwith investing. In Barton defrauded a 90-year old Alzheimer's identified in court by her initials, After learning of RF's diagnosis in Barton fraudulently diverted morethan $1 million of RF'ws assets to his own checking account, which he spent on personal lifestyle expenses and to fund the developmenrt of Twinspan Capital. As a result, the balance in RF' investment and bank accounts fell fromapproximately $1.3 million in 1999 to less than $100 in 2004.
In additionn to diverting client money from RF and at leastr oneother client, Barton committed securitieas fraud by selling shares in his new company, Twinspan, base d on false pretenses. Specifically, he raised more than $1 millioh in investments in Twinspan by claiminh he would use the proceeds to operate and growthe business. he instead diverted at least half of thesde supposed investmentsto himself, which he used to satisfgy personal debts and pay personal lifestyls expenses. Barton was indicted in December 2008. He pleaded guiltyu in March 2009.

Sunday, November 11, 2012

NTS buys Plainview Apartments - Silicon Valley / San Jose Business Journal:

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Financing for the purchase, whicyh was made through an NTS affiliate, , was provided by the , accordiny to a news release. The purchasee price was not disclosed. The previous owner was PlainviewApartmentes LP, a Denver-based investment partnership, according to online records from the Jeffersoh County Property Valuation Administrator and the Kentucky Secretary of State. Its assessed value for tax purposesis $9.7 according to the PVA Web site. Occupanc at the time of the purchase was abouty94 percent, the release said. NTS planss to enhance and renovate the property but no detailzs were disclosed inthe release.
The apartment comple x was developed as part of the Plainvieewplanned community, which includes 800 single-family homes, more than 1,000 500 town homes, multiple shopping centers and nearly 2 millionn square feet of office space. NTS began constructiojn and development of theplanned community, Louisville’s first, in the earlty 1970s. With the acquisition, NTS Developmenrt Co. and its affiliates now own four apartmen communitiesin Louisville. Its other holdingse in the area are Hurstbourne Grand The Overlookat St. Thomas and The Willowws of Plainview.
NTS also manages 14 other apartment communities and 31 commerciap properties with more than 5 millionn feetof office, retail and warehouse space in the Southeast.

Saturday, November 10, 2012

Coach scores off the field with home sale - Tampa Bay Business Journal:

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Last year’s tax bill on the 8,300-square-foo t lakefront house was $28,370. Lance Raab, a computert guru, and his wife, bought the house in late September, roughl y 16 months after the Grudens moved to a largere housein Avila. Jon and Cindgy Gruden had paid $1.53 million for the in 2002. Last May, they paid $3.3 millio for their 11,900-square-foot Avila home. Lancse Raab, who recently founded LLC, sold to in 2006 for an undiscloseds amount.
— Janet Leiser If I were a rich(er) man: SimDag-RoBEL LLC may have got off a littld easy when it came time to pay up on a licensinv agreement with Donald Trump despite nevet building the tower that was to bear his The developer of the doomed Truml Tower Tampa was suedfor $1 millionn in owed fees, but both sides settled the case 29. While it’s likely Trump received a nice chunk of changrefrom SimDag, he wants even more from a developer who wrotw up a similar licensing agreement for a 70-storg luxury condominium tower in Tel Israel. Crescent Heights Diamond was supposeds to pay Trump a licensing fee plus give him a cut of thecondo sales.
Instead, the developer flipped the land a year laterf for nearly double whatit paid. Trump may have wantec just a cool millionfrom SimDag, but the price to not use the man’s name has risen significantly. Trump is demandingh $45 million from Crescent, and he wantz his money now. But it’lp be up to a judge to see if he gets asinglwe penny. — Michael Hinman Reaching out to calm Joy Gendusa, CEO of Postcarx Mania, has taken customers and prospective customers under her wing and shares letters from her personall financial adviser to “calm” them all 78,000 in her database.
She has decidede to wage battleagainst “thr fears being created by the media” involvinfg the country’s financial crisis by imparting soothing and useful economic education in the past several week through letters from her financial adviser, P. Christopher president of in Clearwater. His latest letter outliness what he describes as three criticao mistakes people make in economic crises andshoulr avoid: Making short-term changes to a long-terkm plan, failing to understand the difference between volatility and and failing to prosper during economic turmoil.
Music’s firsft letter sent to Postcard Mania’s customers a week ago dealt with the definitiojn of recession and waysto “We got such a good response from the first, we decidedf to send another said Karla Jo Helms, VP of public relations. Gendusa, the founder of the $20 million, full-service direcft mail company in Clearwater, is not done counselin g her customers. She intends to continuwe imparting useful business and economicv information to those inPostcard Mania’zs database, which includes 31,000 small-business “to encourage them to stay positived and expand their businesses despite the — Jane Meinhardt Here’s the hook: Burn treatmen t organizations in the Tampa Bay area are in line for a financiak boost, courtesy of locall beer drinkers and The Tampq distributor has picked up a new brand, Hook Ladder, from the , an independent brewer in Silver Spring, Md.
It’s the first time the beer is beinh soldin Florida. Hook & Ladder supports firefighters by donating a portion of the proceedxs from itsdraft product, as well as its bottlesz or cans, to burn treatment groups in the community where the beer is sold. The company is talking with a few Bay area organizations to determine wherse it will donatelocal proceeds, said spokesman Dan Lyons.

Thursday, November 8, 2012

UnitedHealth Group sees membership decline - Minneapolis / St. Paul Business Journal:

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billion to $2.2 billion. UnitedHealth’xs stock, trading at around 40 percent of the value it was at the endof 2007, coupleed with its low annualized dividend put the company’s return to shareholdersa 75th for 2008. The company took a hit when announcintgan $895 million settlement of a shareholder lawsuit relateds to a stock-options scandal involving former CEO Williamj McGuire. Legal settlements and rising medicalp costs cutinto second-quarter earnings for UnitedHealth, whicy reported earnings of $337 millionn for the period, down from $1.
2e3 billion the previous year largely due to the settlemenrt of two class-action lawsuits that resulted in a total pretaxc charge of $922 million. The news hasn’t all been bad. UnitedHealtjh did see gains in its Health Care Serviced and OptumHealth companies during the third Like manyother companies, however, UnitedHealth has been hit by the It has seen membership decreases due to layoffs and “that puts pressure on revenuees and profitability,” said Davif Toung, a research analyst with The Minnetonka-basedd health insurer in earlty December slightly raised the bottom range of its guidanc for 2009 to $85 billion from $84 billion, while keeping its profitf outlook the same at $2.
90 to $3.15 per

Wednesday, November 7, 2012

DirecTV CEO leaving as Liberty merger nears - Austin Business Journal:

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just as the satellite broadcaster readie s to merge with an offshoot ofJohn Malone’s News and DirecTV confirmed Wednesday that Carey will leaver the El Segundo, Calif.-based satellite broadcaster July 1 to becomd second-in-command — handling international operationws — for Rupert Murdoch’s globa media empire. Carey’s defection may muddy investors’ reception of the plannes merger between DirecTV and Liberty a division ofDouglas County-based Liberty Media. Carey ran DirecT for the past six years, leading it througj a period of growth and winning partnershipse with every major teleco m company inthe U.S.
He was expectede to stay with DirecTV aftere it became independent ofLiberty Instead, he returns to working for Murdoch and News Corp., wherwe he worked for 15 years prior to heading Liberty Entertainment (NASDAQ: LMDIA) holds a 54 percent staker in (NASDAQ: DTV) as well as controllingb stakes in online gaming company Fun Technologies, the Game Show Networ and regional sports TV networks in Denver, Pittsburgbh and Seattle. Those holdings are being spun off this year intoa free-standinv company to clear up DirecTV’s stockm structure and make it easier for it to engage in mergers and acquisitions, the companiee said.
Malone’s company traded its 16 percen t ownership stake inNews Corp. back to Murdoch’s compan y in 2007 in exchange for the controlling staksein DirecTV.

Tuesday, November 6, 2012

North Shore theater likely to liquidate - Houston Business Journal:

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Theater executives announced Tuesday that the financially distressed theaterd has failed to raisethe $2 millionh it needed to put on 2009 although more than $500,000 in pledges have been made sinc the theater announced a turn-around strategu in mid April. “The thing we know is that we’rs not putting on a 2009 season. I think the very likely consequenc e of that is that we will very quicklgy go outof business,” said David Fellows, chairman of the North Shore Musix Theatre board. “Whether it’s Chapter 11 or Chapter 7 it’s completely up in the air at the moment.
” Withourt a production season this year, the theatee is unable to address the substantiapl debts of its creditors and restorethe theater’ s economic health, said Fellows. The theater is approximately $10 milliohn in debt, including large mortgages on its property and buildingw and debts to the Stateof Massachusetts, and subscribers who paid in advance for the 2009 Fellows said most of the theater’s 4,400p subscribers are unlikely to get theid money returned.
Subscriptions cost upwards of $350 per Theater executives are in discussionas with senior creditors and are reviewing a liquidation to maximize the value ofthe theater’s assets for its stakeholdersz as well as identify potentiap “friendly” buyers of the propertyt who might consider a lease back of the Fellows said.

Sunday, November 4, 2012

Blue Angel Technologies, Inc. Company Profile | Company Information

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Blue Angel Technologies has been helping organizationz with information management challengessince 1997. We were foundedf with the vision to facilitate the free flow of informationn using standardsand non- proprietarh technology so that people can make more informed To achieve this vision, our company produces information management software products for use on the Internetf and professional services for helping organizations use technolog to improve decision making. Our integrated MetaStar familyof feature-ricn software products and expert servicew provide powerful computing solutions addressing each step in the information managemeng process.
In the area of providinbg information management and search solution that support information discovery anddecision making, Blue Angel has over sevej years experience working experience with organizations such as Oak Ridge National Labs, the US Geological Survey, the Government Printingb Office, the State of Alaska, the Nortn Carolina State Library, the National Park Servic e and many others. Blue Angel is proud that its information sharing solutions are being used around the globse in countries suchas Canada, the Uniteed Kingdom, Australia, Brazil, Mexico, Japanb and many more.

Saturday, November 3, 2012

RPM Declares Quarterly Dividend

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RPM's latest cash dividenf increase in October 2008 marked its 35th consecutivre year of increased cash dividends paid to its which places RPM in an elit e category of less than half of one percenrt ofall 19,000 publicly-tradefd U.S. companies. Only 67 other companies, besides RPM, have consecutivelu paid an increasing annual dividend for this periodf of timeor longer, according to the 2009 edition of America's Finest Companies. At a share pric e of $14.00, RPM's dividend yield wouled be 5.7%. RPM International Inc., a holding company, owns subsidiariess that are world leaders in specialty coatings and sealantse serving both industrial andconsumeer markets.
RPM's industrial products includseroofing systems, sealants, corrosion controlp coatings, flooring coatings and specialty chemicals. Industrial brands includs Stonhard, Tremco, illbruck, Carboline, Day-Glo, Euco and Dryvit. RPM'sx consumer products are used by professionalsand do-it-yourselfersd for home maintenance and improvement, boat repaie and maintenance, and by hobbyists. Consumefr brands include Zinsser, Rust-Oleum, DAP, Varathan e and Testors. For more information, contact P. Kellt Tompkins , executive vice president - administration and chieft financial officer, at 330-273-5090 or . SOURCE RPM International Inc.

Thursday, November 1, 2012

Delphi to emerge from bankruptcy - Dayton Business Journal:

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The announcement came Monday, the same day that Delphi’sx former parent, , filed for Chapter 11 the same legal vehicle that Delphi used as protectiohn from its creditors whileit restructured. In the new Delphi — which is one of GM’sz (NYSE: GM) largest suppliersa — will sell assets to a Platinum Equith LLCaffiliate and, with the support of a GM affiliate, will buy five Delphji plants. Delphi has hundreds of Dayton area employee s and thousandsof retirees. General Motorsw will provide $250 million of pre-emergence liquidity through July 31. In othed news Monday, in one of the busiest and most momentoud days forthe U.S.
auto a bankruptcy judge approved the sale of to a new company owned by Fiat, U.S. and Canadiahn taxpayers and retirees. The sale is expecteds on Friday. According to reports, a $2 billiojn cash payment to about 45 banks and investment fundxs which willforgive $6.9 billion in loans, and at least $8.9 billion in aid to Chrysler has come from U.S. taxpayers. At leastg $4 billion of that money will not be The closing is set forJune 15. The fate of 789 Chrysler dealers isstill uncertain.
How much Chrysler owes all majort suppliers also is notfully