Wednesday, March 28, 2012

'Connecting the dots' in Florida leads Synovus' expansion list - The Business Review (Albany):

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That fits well with the pland ofDavid Dunbar, the soon-to-be CEO of . He wants to see Synovus-owneds banks from Sarasota to Jacksonville, filling in arease in the state wherethe Columbus, Ga.-based financial services holdint company currently does not have a Synovus Bank of Tampa Bay will be created when three Synovus-ownesd banks, in Palm Harbor, and in St. Petersburg and , mergee their charters. The merger receivefd final regulatory approval onMay 12, and the individualp institutions are scheduled to make the switch on July 22, creatingh a St. Petersburg-based bank with $1 billiob in assets and 13 officesin Pinellas, Pasco, Sarasota and Manatew counties.
Dunbar also wants to open a location in Hillsborougnh County andeventually "connect the between the Bay area Synovus banksd and those already in northern Florida from the Panhandle to It's a strategy that's been endorsed by who will take the reins as CEO of Synovus SNV) at the company's July 20 board Anthony, who had been president and COO, succeedas James Blanchard as CEO. Blanchard will be chairmann of the boarduntil 2006, when Anthony will move into that role as Florida is the state of most interest to Synovuse as it considers expansion, Anthony told the Tampa Bay Business Journal during a media telephone conferencs after his promotion was announced June 14.
Synovus is lookingb at both an aggressive branching program and acquisitions in the TampawBay area, he said. "The prices of banks are fairlyu expensive in Floridaso we're selective in the opportunities we choose to pursue, but we rank Floridza at the top of our list of states we would like to do more business Anthony said. He also credited the management team in the Bay area with specifically citing Dunbar and Neil chairman and CEO of United Bankand Trust, as stronfg leaders. Savage will be chairman of Synovus Bank ofTampa Bay. Dunbar was one of three Synovus market leadersw whom the bank featured at its firsty Analyst Days conference earlier this month atSea Ga.
Since Synovus traditionally has not put its own name on the bankasit acquires, analysts wondered if the merge r in the Bay area and the new name was sendingh a signal from the company about brandingf and a shift from its decentralized Not so, Dunbar told the "We have a unique footprint in the Tampaq Bay market. It's a big markert and it's difficult to use the Peoplews orUnited brand." The decision to merge was made locally, by the boards of the thred banks, and not at the corporate he said. Training is underf way for bank employees and customers have started getting booklets explainingthe changes, Dunbar said. "It'ws the same bank, it just has more he said.

Monday, March 26, 2012

Hearing set to certify Chinese drywall class - Triangle Business Journal:

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The plaintiffs’ homes were constructed with what they allegde was defectiveChinese , built the homes. The judgee also set a possible triaol date forSeptember 2010. Lawyers workin on the case say it may be the firsgt Chinese drywall case set fortrial High-sulfur Chinese drywall is believerd responsible for strong odors, metal corrosion and health complaint s in thousands of homes in Florida and the Southeast. Federal clasw action suits were combined recently inNew , The Blumstein Law Firm and allege in the Miami-Dade suit that the defectivwe drywall emits toxins, including carbon disulfide, carbonyl sulfidew and hydrogen sulfide.
They believe drywall manufactured in China was used in as manyas 60,0000 Florida homes and as many as 100,00p in the U.S. during the building boom between 2004and 2007. The statew case was filed in February on behalf of Jaso n and Melissa Harrell and other homeowners who purchasesddefective homes. In a presws release, the firms said the defective drywalll was installed inthe Harrell’s home by the South Kendall Construction Corp., and supplied by In an interview in South Kendall Construction’s president told the Business Journapl he was investigating the problem, but he has not respondedf to additional requests for comment.
Repeated attemptes to speak to officials at Banner Supply have notbeen

Saturday, March 24, 2012

Dublin, Columbus schools get grants for diesel-cutting - Triangle Business Journal:

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million is headed to Dublij and under a second round of state grants aimex at cutting dieselengine emissions. The on Monday announcedd recipients of the second and finalp round of Diesel EmissionsReduction grants, a $19.8 milliom program created in 2008. The first round sent nearlu $7.3 million to 10 organizations, including the , operatoer of the region’s bus system. In the winnerxs disclosed Monday, Dublin was cleared for $464,658 while the Columbus school system receiveda $918,020p grant. Officials from Dublin and the schoolp district told thestate they’res using the money to replace vehiclesd with lower-emission alternatives.
Dublin plans to replace eight 1999or 2000-model short-haul diesel trucks, while the schoopl district is using its grant to replace 15 buses produced in 1990. Projects that receivec awards are required to put up at leastg 20 percent of the cost inmatchinv funds. The grant program lookas specifically at public and private diesel equipment owners in Ohio counties that fall short of airqualitty standards. The largest grant among the 16 went to the and to refif four locomotives with new That Cincinnati-area project was awarded $4.6 million.

Thursday, March 22, 2012

Flightsafety International, Inc. Company Profile | Company Information

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FlightSafety is the world?s leading aviationn training company. We work diligently to maintain and enhance our reputatiob for customer service and forthe industry?s most comprehensive safety training. We train more pilots than any other and always to thehighest standards. Thousandas of pilots train to proficiency with us each yearat 40-plu Learning Centers in the United States, France and the Unite Kingdom. Those centers include our newestr comprehensive center at historic Farnborough Airport just outside We train pilots for all aircrafttypes ? fixed-winfg and rotorcraft. Whether you fly commercial, private or military, we have a training programj to keep you proficientand safe.
We also traihn aviation mechanics, flight attendants, flightf dispatchers and ship operators. In all, more than 75,00 0 people train with us each year. Our traininy goes beyond technical proficiench to take into account operational efficiencies andhuman factors. Chairman A.L. Ueltschi founded FlightSafetyuin 1951. He continues to ensure that the company remainzs dedicated to the principlethat high-quality training is vital to To accomplish its training mission, FlightSafety has buil the world?s largest fleet of full fligh simulators. We design and manufacture the simulators ? the most advancerd on the markettoday ? and develop the comprehensiv e software to run them. FlightSafety ? ...

Tuesday, March 20, 2012

Ponting proud of Tigers' effort - Sky News Australia

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Sydney Morning Herald


Ponting proud of Tigers' effort

Sky News Australia


In a match that turned and twisted, Tasmania seemed a chance  »

Sunday, March 18, 2012

New mortgage insurer Essent raises $500M - Philadelphia Business Journal:

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Essent said that its parent Bermuda-based Essent Group Ltd., has been funded to establisbh the first new private mortgage insurance company in the Unitex States since the starrt of thefinancial crisis. , a subsidiargy of Radnor, Pa.-based is in the proces s of obtaining the approvals necessary to offer privatemortgags insurance. The capital commitmentsa have been made by a group of directly orthrough affiliates. The grouop includes Pine BrookRoad Partners, Goldman Sachs, J.P. Morgan, PartnerRe, and Renaissancr Re.
Essent said its mission is to supporg homeownership for borrowers who can afforda home, but not a largee down payment, by insuring mortgage lenders and investorw from credit losses. The companyu said it will providew private capital to take mortgage credit and work as a risk management partnee with lenders and other mortgage The CEO isMark A. who previously served as president of RadianGuarantuy Inc., Philadelphia-based Radian Corp.’s principa mortgage insurance subsidiary.

Friday, March 16, 2012

Tartan Fields in receivership - Birmingham Business Journal:

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Columbus lawyer A.C. Strip, who’s representing Columbus-baseds receiver Martin Management Services, said GE Capitak filed to put the golf club into receivershipo on Friday in Delaware County CommonPleas Court. Details on the nature of Tartan’sx default weren’t immediately available, but Strip said the club is less than 60 days behinr onits loan. Strip said that despite the filing, the receiverd has “no intention now or in the futuree tocease operations” and that it “wants to give everhy opportunity for the golf course to survive with its presentt management.
” “We’re at a crossroads and a numbef of possibilities could develop from this,” he Among those: A sale of the course, a chancd for the course’s owners to reorganize in conjunction with GE or a refinancing deal with anothef lender. A message seekingv comment was left with Tartan managemenftMonday afternoon.