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Duffie has been practicing employment and labor law for 37 Duffie was a managing partnefr ofHunton & Williams’ Atlanta office and latert co-head for the firm’d Labor and Employment practice. He also was a foundinf attorney of in 1978 and remained thereuntil 1988. Duffiwe represents companies in various industries includingbhealth care, media, transportation and manufacturing. “Traywicjk is, unquestionably, one of the most accomplished labo and employment lawyers in the saidCameron Pierce, office managing shareholde of Littler’s Atlanta office, in a “Not only is he highlyt regarded in the Atlanta legal community, but he brings a depth of experience and knowledge that will providd tremendous value to our clients.
His significangt experience as atrial lawyer, complezx litigator and traditional labor lawyer will be a greatt resource for both our clients and the othert attorneys in the firm.”
lunes, 31 de diciembre de 2012
domingo, 30 de diciembre de 2012
Plug, starved for cash, puts property on sale for $10 million - The Business Review (Albany):
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Plug (Nasdaq: PLUG), which posted a $121.7 millio n loss last year, is selling the 34-acre property to generate cash for operatingy expenses and a movetoward profitability, said Cathyg Yudzevich, Plug’s manager of investor “This is a way to improve our working capital she said Plug owns the site at 968 Albany Shaket Road, which includes three buildingz in 138,000 square feet of space. The company has occupiedr the location since Plug was foundedin 1997. Stafg at Plug has been reduced by 75 percent from its peak of 500 adecades ago. The company consolidated its operations to two buildings at the beginninfg ofthis year, Yudzevich said.
Plug laid off aboutf one-third of its employees in December, bringingv the company’s work force to 125 from 208. It was the seconds round of layoffs for the companyin 2008. The first was in June, when 80 people were let go. “W e don’t need this amount of spacer at this point in she said. The move is not expected to disrupt Plug Power makes fuel cellsfor heavy-lift truckse and telecommunications towers. It is developing a produc t for residentialenergy use, but that device is several yeard away from commercialization. Eileen Lindburg, broker at , said the propertuy will be sold as a single The real estate companyh was also hired to find property for Plug Poweto lease.
Ideally, the fuel-celol developer would like to remain on the site and leasse space from thenew owner, Yudzevichn said. The property is not in an Empire Zone and does not receive anyspecial exemptions. The town of Coloniw lists the parcel’s assessment at $8.9 Property taxes for 2008 were $21,227.54. School taxex for 2008-09, which were paid to the Niskayuna CentraSchool District, were $222,615. Yudzevich said a lease arrangement is expected to cost less than the annual taxeds and general maintenance ofthe property. One of the goalsz for 2009 recently outlined by CEO Andy Marsg was reducing operating expenses tounded $37 million. Operating expenses in 2008 were $56.6 million.
pallen@bizjournals.cokm | 518-640-6812 To comment on this story, and to get the latesr updates and breaking goto albany.bizjournals.com.
Plug (Nasdaq: PLUG), which posted a $121.7 millio n loss last year, is selling the 34-acre property to generate cash for operatingy expenses and a movetoward profitability, said Cathyg Yudzevich, Plug’s manager of investor “This is a way to improve our working capital she said Plug owns the site at 968 Albany Shaket Road, which includes three buildingz in 138,000 square feet of space. The company has occupiedr the location since Plug was foundedin 1997. Stafg at Plug has been reduced by 75 percent from its peak of 500 adecades ago. The company consolidated its operations to two buildings at the beginninfg ofthis year, Yudzevich said.
Plug laid off aboutf one-third of its employees in December, bringingv the company’s work force to 125 from 208. It was the seconds round of layoffs for the companyin 2008. The first was in June, when 80 people were let go. “W e don’t need this amount of spacer at this point in she said. The move is not expected to disrupt Plug Power makes fuel cellsfor heavy-lift truckse and telecommunications towers. It is developing a produc t for residentialenergy use, but that device is several yeard away from commercialization. Eileen Lindburg, broker at , said the propertuy will be sold as a single The real estate companyh was also hired to find property for Plug Poweto lease.
Ideally, the fuel-celol developer would like to remain on the site and leasse space from thenew owner, Yudzevichn said. The property is not in an Empire Zone and does not receive anyspecial exemptions. The town of Coloniw lists the parcel’s assessment at $8.9 Property taxes for 2008 were $21,227.54. School taxex for 2008-09, which were paid to the Niskayuna CentraSchool District, were $222,615. Yudzevich said a lease arrangement is expected to cost less than the annual taxeds and general maintenance ofthe property. One of the goalsz for 2009 recently outlined by CEO Andy Marsg was reducing operating expenses tounded $37 million. Operating expenses in 2008 were $56.6 million.
pallen@bizjournals.cokm | 518-640-6812 To comment on this story, and to get the latesr updates and breaking goto albany.bizjournals.com.
viernes, 28 de diciembre de 2012
Balsillie: Fight for Coyotes isn't over - Houston Business Journal:
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U.S Bankruptcy Court Redfield T. Baum on Mondag nixed Balsillie's bid to buy the Coyotew for $213 million from owner Jerry Moyezs becauseof Balsillie's June 29 deadline for the deal go to Baum said that isn't enough time to resolves the Coyotes Chapter 11 bankruptcty reorganization issues. That was a win for the and city of which want to keep the Coyote sin Arizona. Balsillie spokesman Bill Walker issuedf a statement Monday night saying the effort to move the teamto Ontario, is not over: "Jim Balsillie's bid to bring a seventuh NHL team to Canada continues. We'rse still here. The Phoenix court confirmed Mr.
Balsillie was approvefd as an NHL owner in 2006 andremains so. We believe he has made the best offeer and Hamilton remains the best location forthis "The court did not approve eithe r our approach or the Judge Baum did state he does not have time to decid all the relocation issues. But the courrt still controls the sale Asa result, we look forward to hearing from the NHL soon on its view of our relocation application and an appropriater relocation fee, so as to allow the court to determinwe if that fee is reasonable. We stilpl think there is enough time for the NHL toapprovwe Mr. Balsillie's application and move the team to Hamiltohby September.
The court invited mediation on thesr issuesand Mr. Balsillide is willing to participate in such mediation if the NHL is also willing todo so," Walker's statemeny to the media continued. The NHL welcomeds Baum's decision not to let the sale and move toCanadaq occur. “We're pleased the court recognized the validit y of league rules and our ability to applyu them in a reasonable NHL Deputy Commissioner Bill Daly said in a statement releasedd by the league onMondag night.
"We will turn our attention now towards helping to facilitate an orderly sales process that will producer a local buyer who is committed to makinvgthe Coyotes' franchise viable and successful in the Phoenix/Glendalwe area. We are confident that we will be able to find such a buyerd for the Coyotes and that the claimsx of legitimate creditors willbe addressed.”
U.S Bankruptcy Court Redfield T. Baum on Mondag nixed Balsillie's bid to buy the Coyotew for $213 million from owner Jerry Moyezs becauseof Balsillie's June 29 deadline for the deal go to Baum said that isn't enough time to resolves the Coyotes Chapter 11 bankruptcty reorganization issues. That was a win for the and city of which want to keep the Coyote sin Arizona. Balsillie spokesman Bill Walker issuedf a statement Monday night saying the effort to move the teamto Ontario, is not over: "Jim Balsillie's bid to bring a seventuh NHL team to Canada continues. We'rse still here. The Phoenix court confirmed Mr.
Balsillie was approvefd as an NHL owner in 2006 andremains so. We believe he has made the best offeer and Hamilton remains the best location forthis "The court did not approve eithe r our approach or the Judge Baum did state he does not have time to decid all the relocation issues. But the courrt still controls the sale Asa result, we look forward to hearing from the NHL soon on its view of our relocation application and an appropriater relocation fee, so as to allow the court to determinwe if that fee is reasonable. We stilpl think there is enough time for the NHL toapprovwe Mr. Balsillie's application and move the team to Hamiltohby September.
The court invited mediation on thesr issuesand Mr. Balsillide is willing to participate in such mediation if the NHL is also willing todo so," Walker's statemeny to the media continued. The NHL welcomeds Baum's decision not to let the sale and move toCanadaq occur. “We're pleased the court recognized the validit y of league rules and our ability to applyu them in a reasonable NHL Deputy Commissioner Bill Daly said in a statement releasedd by the league onMondag night.
"We will turn our attention now towards helping to facilitate an orderly sales process that will producer a local buyer who is committed to makinvgthe Coyotes' franchise viable and successful in the Phoenix/Glendalwe area. We are confident that we will be able to find such a buyerd for the Coyotes and that the claimsx of legitimate creditors willbe addressed.”
miércoles, 26 de diciembre de 2012
Consumer confidence retreats - Phoenix Business Journal:
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Nationally, consumer confidence dropped sharplyyin June, cutting into three months of gains that had seen the overall index more than The Conference Board's Consumer Confidenc e Index fell by 5.5 points to 49.3 in June. Statewide, Florida’s consumerr confidence index for June fell three pointsd last monthto 68, the result of bad economic news includinhg the bankruptcy of General Motors Corp., foreclosuresx and a spike in Florida’s unemployment rate, accordingg to a new University of Florida poll.
While Floridians’ perceptions of personal finances compared with a year ago is up threed points to 44 from a revised May readinygof 41, other perceptions were lowe r than, or the same as, last For example, perceptions of U.S. economic conditions over the next year fell sevenh pointsto 65, while perceptions of whether it’s a good time to buy big-ticketr items fell nine points to 67. Perceptions of U.S. economic conditionz over the next five years remained unchanged at 80.
"Moving forward, we do not expect Florida consumer confidence to decline much more over the next couplesof months, barring some unforeseen change here in Florida or Chris McCarty, director of UF’s Surveyy Research Center at the Bureau of Economic and Business said in a news release. However, McCarty cautionedd the recovery is expected to be long and uneven for some sectorss ofthe economy. "With the demiswe of longstanding financial institutions such as Lehmahn Brothers and manufacturing companieds like Chryslerand GM, it is no longerd business as usual," he said. The preliminary index for June was conductedd from430 responses.
It is benchmarkexd to 1966, so a value of 100 representss the same level of confidence forthat
Nationally, consumer confidence dropped sharplyyin June, cutting into three months of gains that had seen the overall index more than The Conference Board's Consumer Confidenc e Index fell by 5.5 points to 49.3 in June. Statewide, Florida’s consumerr confidence index for June fell three pointsd last monthto 68, the result of bad economic news includinhg the bankruptcy of General Motors Corp., foreclosuresx and a spike in Florida’s unemployment rate, accordingg to a new University of Florida poll.
While Floridians’ perceptions of personal finances compared with a year ago is up threed points to 44 from a revised May readinygof 41, other perceptions were lowe r than, or the same as, last For example, perceptions of U.S. economic conditions over the next year fell sevenh pointsto 65, while perceptions of whether it’s a good time to buy big-ticketr items fell nine points to 67. Perceptions of U.S. economic conditionz over the next five years remained unchanged at 80.
"Moving forward, we do not expect Florida consumer confidence to decline much more over the next couplesof months, barring some unforeseen change here in Florida or Chris McCarty, director of UF’s Surveyy Research Center at the Bureau of Economic and Business said in a news release. However, McCarty cautionedd the recovery is expected to be long and uneven for some sectorss ofthe economy. "With the demiswe of longstanding financial institutions such as Lehmahn Brothers and manufacturing companieds like Chryslerand GM, it is no longerd business as usual," he said. The preliminary index for June was conductedd from430 responses.
It is benchmarkexd to 1966, so a value of 100 representss the same level of confidence forthat
lunes, 24 de diciembre de 2012
Rebates should boost Energy Star sales - Tampa Bay Business Journal:
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“This rebate program will help Floridiand buy appliances atdiscount rates, lower utility costs and benefit Florida businesses by stimulating sales of energy-efficienf appliances,” Gov. Charlie Crist said in a presws releaseMay 18. Althougbh the bill was signed last week, the projected time for the program to be administered is probablyy sometimethis fall. Consumers will not be eligible for the rebatea until then because some of the detailsw of the program still need to beworkefd out, said Jeremy Susac, the executivs director of Crist’s Energy Office.
The specificf amounts for the rebates must be approved by the legislativdbudget committee, and Crist’s office is still waiting for guidancer from the federal government on how exactlu the program will work, Susac said. The FECC is expecting Floridwa toreceive $18 million in federal stimulu s funds to provide the rebater program. In addition, the Florida legislatures is giving $150,000 to the FECC to help them put the plan into All of this should help Floridians save 20 percent on the costof energy-efficieng appliances. “This is what we are Susac said.
“We are lookingv at 20 percent all across the With the 20percenyt rebate, consumers could save $290 on $200 on washing machines, freezers and $65 on room air conditioners and $40 on Only laundry and kitchen home appliances with the Energyt Star label will be eligibls for the discount. All Energy Star appliances meet strict energuy efficiency guidelines set by the Environmental Protectionb Agencyand U.S.
Department of Energy, but certaij items like flat screen televisions arenot included, Susac Even though they use the most energy out of all the home certain kitchen items like microwaves, ovensw and stove tops are also not included because they have yet to be regulatee by Energy Star in the United said Michael Setzer, the owner of Setzer’xs appliance dealer in Energy Star appliances do cost an averagw of $50 to $100 more than the standard versionz because of the advanced he said, but the rebate should lighteh the costs, making it almostt cheaper to buy the Energ Star product.
“You don’t have to spend $1,00o to have an Energy Star,” Setzer “Energy Star has cheaper modele now. I have a $300 dishwashefr and a $800 refrigerator in my store that are allEnergyu Star.” In addition, the investment will cause utility bills to go down in dollar amount. Customers shoul recover their costs ofthe energy-efficient appliancee on their monthly bills within five to six years. Accordingh to Energy Star’s Web their appliances can saveconsumers $75 a year in energu costs, and they use 10 to 20 percent less energt and water than traditional models, making them bettedr for the environment.
For example, a front-loading Energy Star washingy machine uses 16 to 18 gallones of water versus thetraditional top-loadingb appliance that uses 40 “I don’t know if our salesz will go up because the customers will stillk have to put out the full Setzer said. “But any increase in sales will be and it would be a great thingv for people to get theirmoneu back.” Business has been slow during the economic downturn at both Setzer’sw locations here in Jacksonville and Ocala, but it’d still going pretty steady becausew people are always going to need refrigeratora and dishwashers, he said.
In addition, 75 to 80 percenr of the appliances he sells areEnergg Star, so Setzer said he’s very hopeful. Energuy Star is also excited for the rebate progranm to go into effect because the Florida proposal is an Energy Star spokesperson Inyears past, rebates have causedd a jump in their sales, but they have never had a rebates program like this before.
“This rebate program will help Floridiand buy appliances atdiscount rates, lower utility costs and benefit Florida businesses by stimulating sales of energy-efficienf appliances,” Gov. Charlie Crist said in a presws releaseMay 18. Althougbh the bill was signed last week, the projected time for the program to be administered is probablyy sometimethis fall. Consumers will not be eligible for the rebatea until then because some of the detailsw of the program still need to beworkefd out, said Jeremy Susac, the executivs director of Crist’s Energy Office.
The specificf amounts for the rebates must be approved by the legislativdbudget committee, and Crist’s office is still waiting for guidancer from the federal government on how exactlu the program will work, Susac said. The FECC is expecting Floridwa toreceive $18 million in federal stimulu s funds to provide the rebater program. In addition, the Florida legislatures is giving $150,000 to the FECC to help them put the plan into All of this should help Floridians save 20 percent on the costof energy-efficieng appliances. “This is what we are Susac said.
“We are lookingv at 20 percent all across the With the 20percenyt rebate, consumers could save $290 on $200 on washing machines, freezers and $65 on room air conditioners and $40 on Only laundry and kitchen home appliances with the Energyt Star label will be eligibls for the discount. All Energy Star appliances meet strict energuy efficiency guidelines set by the Environmental Protectionb Agencyand U.S.
Department of Energy, but certaij items like flat screen televisions arenot included, Susac Even though they use the most energy out of all the home certain kitchen items like microwaves, ovensw and stove tops are also not included because they have yet to be regulatee by Energy Star in the United said Michael Setzer, the owner of Setzer’xs appliance dealer in Energy Star appliances do cost an averagw of $50 to $100 more than the standard versionz because of the advanced he said, but the rebate should lighteh the costs, making it almostt cheaper to buy the Energ Star product.
“You don’t have to spend $1,00o to have an Energy Star,” Setzer “Energy Star has cheaper modele now. I have a $300 dishwashefr and a $800 refrigerator in my store that are allEnergyu Star.” In addition, the investment will cause utility bills to go down in dollar amount. Customers shoul recover their costs ofthe energy-efficient appliancee on their monthly bills within five to six years. Accordingh to Energy Star’s Web their appliances can saveconsumers $75 a year in energu costs, and they use 10 to 20 percent less energt and water than traditional models, making them bettedr for the environment.
For example, a front-loading Energy Star washingy machine uses 16 to 18 gallones of water versus thetraditional top-loadingb appliance that uses 40 “I don’t know if our salesz will go up because the customers will stillk have to put out the full Setzer said. “But any increase in sales will be and it would be a great thingv for people to get theirmoneu back.” Business has been slow during the economic downturn at both Setzer’sw locations here in Jacksonville and Ocala, but it’d still going pretty steady becausew people are always going to need refrigeratora and dishwashers, he said.
In addition, 75 to 80 percenr of the appliances he sells areEnergg Star, so Setzer said he’s very hopeful. Energuy Star is also excited for the rebate progranm to go into effect because the Florida proposal is an Energy Star spokesperson Inyears past, rebates have causedd a jump in their sales, but they have never had a rebates program like this before.
domingo, 23 de diciembre de 2012
Constructing the original position 3: The veil of ignorance - The League of Ordinary Gentlemen (blog)
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Constructing the original position 3: The veil of ignorance The League of Ordinary Gentlemen (blog) This is the third post in a series on constructing the original position. The introductory post is here. Look here for the rest of the posts in this series. Previously, we established that some kind of initial contract or choice situation accurately ... |
sábado, 22 de diciembre de 2012
Need to Stem Seasonal Road Repairs - AllAfrica.com
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Need to Stem Seasonal Road Repairs AllAfrica.com Nigeria: Need to Stem Seasonal Road Repairs. 22 December 2012. editorial. At the end of each year, government's tradition is to activate a flurry of activities to make the nation's roads bearable to travel on. The usual slogan is 'palliative repair ... |
jueves, 20 de diciembre de 2012
Colliers adds to Nashville management team - Dallas Business Journal:
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“Creighton brings more than 12 years of experienced in the commercial real estate industrgyto Colliers,” says Doug Brandon, managing principal for Colliers' Nashville office. “We are thrilled to have him onour Wright’s responsibilities will include the management of large institutionally owned health and medical as well as the growth of the businesx line. Until March of this year, Wright was vice president of mixed-use developmenty for Southern Land Co., where he was responsible for the developmentt of select real estate Southern Land underwent a shift in executive team makeuop earlierthis year.
The Franklin-based development company announced the appointmentx of Brian Sewell as president and Chris Bove as CEO inearl February. Southern Land is the developer of the Williamsonn County residentialprojects Westhaven, LaurelBrooke and McEwen. The companhy also has projects inthe Dallas/Fort Houston and Austin, Texas, markets.
“Creighton brings more than 12 years of experienced in the commercial real estate industrgyto Colliers,” says Doug Brandon, managing principal for Colliers' Nashville office. “We are thrilled to have him onour Wright’s responsibilities will include the management of large institutionally owned health and medical as well as the growth of the businesx line. Until March of this year, Wright was vice president of mixed-use developmenty for Southern Land Co., where he was responsible for the developmentt of select real estate Southern Land underwent a shift in executive team makeuop earlierthis year.
The Franklin-based development company announced the appointmentx of Brian Sewell as president and Chris Bove as CEO inearl February. Southern Land is the developer of the Williamsonn County residentialprojects Westhaven, LaurelBrooke and McEwen. The companhy also has projects inthe Dallas/Fort Houston and Austin, Texas, markets.
miércoles, 19 de diciembre de 2012
Moody
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"While the first quarter outperformedthe company'w expectations, results were still significantly beloa the comparable prior year Moody’s VP and senior analyst Charles O'Sheaz noted. Moody's downgraded Office Depot’s corporate familyy and probability of default ratingds to B2from B1, and the company'se senior unsecured notes to Caa1 from B3. The outlook is reflecting Moody's concern that further deterioration inOfficde Depot's credit metrics – already considered weak for the currenft rating – could occur this year "Given that a potentiak recovery in this segment may not occur until late 2009 or early 2010, and Office Depot's concentration in the stil hard-hit California and Florida markets, Moody's feels it likelyt that the company's credit profile coul continue to deteriorate for the balancee of 2009," O'Shea said.
The last ratiny action for OfficeDepot (NYSE: ODP) was Feb. 26, when Moody's lowered the company's corporate family and probability of defaulrt ratings to B1from Ba3, downgradeds the senior unsecured notes to B3 from B1, and placexd the company's ratings on revie w for further possible downgrade. Shares were down 15 percenft to closeat $3.06. The 52-weekl high was $14.04 on May 15, 2008. The 52-week low was 59 centz on March 9.
"While the first quarter outperformedthe company'w expectations, results were still significantly beloa the comparable prior year Moody’s VP and senior analyst Charles O'Sheaz noted. Moody's downgraded Office Depot’s corporate familyy and probability of default ratingds to B2from B1, and the company'se senior unsecured notes to Caa1 from B3. The outlook is reflecting Moody's concern that further deterioration inOfficde Depot's credit metrics – already considered weak for the currenft rating – could occur this year "Given that a potentiak recovery in this segment may not occur until late 2009 or early 2010, and Office Depot's concentration in the stil hard-hit California and Florida markets, Moody's feels it likelyt that the company's credit profile coul continue to deteriorate for the balancee of 2009," O'Shea said.
The last ratiny action for OfficeDepot (NYSE: ODP) was Feb. 26, when Moody's lowered the company's corporate family and probability of defaulrt ratings to B1from Ba3, downgradeds the senior unsecured notes to B3 from B1, and placexd the company's ratings on revie w for further possible downgrade. Shares were down 15 percenft to closeat $3.06. The 52-weekl high was $14.04 on May 15, 2008. The 52-week low was 59 centz on March 9.
domingo, 16 de diciembre de 2012
Mac Everett steps down as United Way CEO - Charlotte Business Journal:
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“The search committee is movinhg ahead in its efforts to find anew president,” the memo according to United Way spokeswoman Dani Stone. The organization’s managementy will report to Evansuntil Everett’s which has been reclassified as president, is filled. Evanx said in an interview with the Charlotte Businessz Journal last week that United Way was likely to fill the positionb within 30 to45 days. is leading the organization’s search. Everett could not be reached for comment.
a prominent civic volunteer andretired executive, replaced Gloriz Pace King on an interin basis in September after she left the organization undeer a cloud of controvers y over her pay and retirement benefits. Uniterd Way hired Everett for $20,000 per a tenure originally slated to endin January, but later extended through March. Since Everett had worked on a volunteer basis. Last month, King filed a defamation suit against That was the latest salvo in a legal battle that beganj withher ouster. King’s suit cites comments made by Everett abourt King after he became theUnited Way’x top executive as the basis for the suit.
She is seeking damages of morethan $10,000, to be determined by a King contends Everett made consistently damaging remarks aboutr her. Everett is not named in another suit against Uniter Way board members relatedto King’ss dismissal. Everett is a formeer chair of the Unite d Way board but has not served on the boarcdsince 2003. The United Way board forced King out of her role as CEO last summer after months of questions about her $2.1 million retiremenrt package. At the time, King was removed without causew and United Way agreed to paynearly $300,000 annually in remainingh salary obligations over the next two years. The agencyu later said King was firedwith cause.
In April, the Uniteds Way filed court documents statinh a federal investigation is undert way to lookinto King’es compensation package. At the same time, the nonprofit organization accused King of billin g the United Way for personal expenses such as meals and King is seeking compensatory and punitivr damages in a discrimination suit againstUnited Way. Throughy her attorney, Bill Diehl, King has called the allegationas over improper expenses King assumed the top job at United Way in 1994 and went on to set a strinvof fund-raising records at the agency during her tenure. Durintg 2007, her last full year with the United Wayraised $45 million.
It fell $15 million short of that figure during the 2008 hurt by media scrutinytover King’s messy departure and the faltering economy.
“The search committee is movinhg ahead in its efforts to find anew president,” the memo according to United Way spokeswoman Dani Stone. The organization’s managementy will report to Evansuntil Everett’s which has been reclassified as president, is filled. Evanx said in an interview with the Charlotte Businessz Journal last week that United Way was likely to fill the positionb within 30 to45 days. is leading the organization’s search. Everett could not be reached for comment.
a prominent civic volunteer andretired executive, replaced Gloriz Pace King on an interin basis in September after she left the organization undeer a cloud of controvers y over her pay and retirement benefits. Uniterd Way hired Everett for $20,000 per a tenure originally slated to endin January, but later extended through March. Since Everett had worked on a volunteer basis. Last month, King filed a defamation suit against That was the latest salvo in a legal battle that beganj withher ouster. King’s suit cites comments made by Everett abourt King after he became theUnited Way’x top executive as the basis for the suit.
She is seeking damages of morethan $10,000, to be determined by a King contends Everett made consistently damaging remarks aboutr her. Everett is not named in another suit against Uniter Way board members relatedto King’ss dismissal. Everett is a formeer chair of the Unite d Way board but has not served on the boarcdsince 2003. The United Way board forced King out of her role as CEO last summer after months of questions about her $2.1 million retiremenrt package. At the time, King was removed without causew and United Way agreed to paynearly $300,000 annually in remainingh salary obligations over the next two years. The agencyu later said King was firedwith cause.
In April, the Uniteds Way filed court documents statinh a federal investigation is undert way to lookinto King’es compensation package. At the same time, the nonprofit organization accused King of billin g the United Way for personal expenses such as meals and King is seeking compensatory and punitivr damages in a discrimination suit againstUnited Way. Throughy her attorney, Bill Diehl, King has called the allegationas over improper expenses King assumed the top job at United Way in 1994 and went on to set a strinvof fund-raising records at the agency during her tenure. Durintg 2007, her last full year with the United Wayraised $45 million.
It fell $15 million short of that figure during the 2008 hurt by media scrutinytover King’s messy departure and the faltering economy.
sábado, 15 de diciembre de 2012
Podiatrist gets 5 months, $25,000 fine - Minneapolis / St. Paul Business Journal:
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Dr. Bic Chau Stafford, who practiced at the in Maryland as well as assorted assisted living facilitiesin St. Louis City and St. Louis County, in Aprio to one felony count of obstruction of afederapl audit. Stafford, 59, also executed a civil settlemenyt agreement with the United Statex requiring her to pay the Medicareprogram $425,000. Staffordd billed Medicare for numerous complex foot surgerh procedures provided to 39 locaol Medicare beneficiaries when she was really providing thes patients with only routinefoot care, such as toe nail prosecutors said.
When she was auditedf by the Medicare programin 2007, Medicarr denied her claims for reimbursement regardinyg these 39 beneficiaries and requestexd that she repay $6,840 for non-covered serviced that had been previously paid to her. Staffordr challenged this and as part of her effortas to avoid payingthe overpayment, Stafford created new treatmeng records for those 39 patiente in 2007, back-dating them to 2004, usinyg fraudulent treatment information and claiminyg that she had provided these patients with podiatrix surgical procedure, prosecutors said.
Dr. Bic Chau Stafford, who practiced at the in Maryland as well as assorted assisted living facilitiesin St. Louis City and St. Louis County, in Aprio to one felony count of obstruction of afederapl audit. Stafford, 59, also executed a civil settlemenyt agreement with the United Statex requiring her to pay the Medicareprogram $425,000. Staffordd billed Medicare for numerous complex foot surgerh procedures provided to 39 locaol Medicare beneficiaries when she was really providing thes patients with only routinefoot care, such as toe nail prosecutors said.
When she was auditedf by the Medicare programin 2007, Medicarr denied her claims for reimbursement regardinyg these 39 beneficiaries and requestexd that she repay $6,840 for non-covered serviced that had been previously paid to her. Staffordr challenged this and as part of her effortas to avoid payingthe overpayment, Stafford created new treatmeng records for those 39 patiente in 2007, back-dating them to 2004, usinyg fraudulent treatment information and claiminyg that she had provided these patients with podiatrix surgical procedure, prosecutors said.
viernes, 14 de diciembre de 2012
Lenovo's profits skyrocket - Triangle Business Journal:
meaning-sarajevo.blogspot.com
Lenovo, which has headquarters in Morrisville but trades shares in Hong said net incomewas $105 million in the or $1.12 per diluted share, in the quarter ende d Sept. 30. That's up from $38 million, or 43 centss per share, in the same period last Revenue increased 20 percentto $4.4 billion. The companhy increased shipments of PCs more than 20 percentf in thethird quarter, according to data compiled by research firms and . That outpacexd growth in the PC industrg asa whole. Lenovol said notebook shipments, which providee about 55 percentof revenue, were up 42 percent year over year. Desktop shipmentss increased about12 percent.
Lenovo'ds largest sales region, China, saw sales increaswe 26.5 percent to $1.8 billion. where Lenovo was headquartered until itboughtg IBM's personal computer divisiobn in 2005, accounted for 41 percent of revenuse in the quarter. Perhaps as year over year shipments inthe Americas, the company' s No. 2 region, increased by 12 percent. Lenovoi has struggled to convince U.S. customersz in particular to purchaseits computers, but that trened has reversed in recenty quarters. U.S. losses had been largely causexd bythe company's strategy of selling more computers in retaip outlets and over the Web.
The move faltered at firstt but has proven wise as sales to consumerz outpace sales to businesses bylarge margins, accordinh to IDC and Gartner. The news isn't all rosy for The company faces increased competition with itsTaiwanese . Acer recently bought California'sd Gateway and blocked Lenovo'a efforts to acquire Dutch PC maker . Lenovpo also will face pressure on its margins as it continuew its push intoconsumer sales, a highlg competitive business.
Lenovo, which has headquarters in Morrisville but trades shares in Hong said net incomewas $105 million in the or $1.12 per diluted share, in the quarter ende d Sept. 30. That's up from $38 million, or 43 centss per share, in the same period last Revenue increased 20 percentto $4.4 billion. The companhy increased shipments of PCs more than 20 percentf in thethird quarter, according to data compiled by research firms and . That outpacexd growth in the PC industrg asa whole. Lenovol said notebook shipments, which providee about 55 percentof revenue, were up 42 percent year over year. Desktop shipmentss increased about12 percent.
Lenovo'ds largest sales region, China, saw sales increaswe 26.5 percent to $1.8 billion. where Lenovo was headquartered until itboughtg IBM's personal computer divisiobn in 2005, accounted for 41 percent of revenuse in the quarter. Perhaps as year over year shipments inthe Americas, the company' s No. 2 region, increased by 12 percent. Lenovoi has struggled to convince U.S. customersz in particular to purchaseits computers, but that trened has reversed in recenty quarters. U.S. losses had been largely causexd bythe company's strategy of selling more computers in retaip outlets and over the Web.
The move faltered at firstt but has proven wise as sales to consumerz outpace sales to businesses bylarge margins, accordinh to IDC and Gartner. The news isn't all rosy for The company faces increased competition with itsTaiwanese . Acer recently bought California'sd Gateway and blocked Lenovo'a efforts to acquire Dutch PC maker . Lenovpo also will face pressure on its margins as it continuew its push intoconsumer sales, a highlg competitive business.
miércoles, 12 de diciembre de 2012
Car dealers admit: We
zuloraxelewo.blogspot.com
“I’m upfront with ’em,” Doll said. Doll, like othetr southeast Wisconsin GM andChrysler dealers, also is upfrony about his bitterness at the situation wrought by the American financial woes. Doll is one of only two southeast Wisconsin GM dealers who confirmed in recent interviews that they are The other is Ernievon Schledorn’s Mayville Chevrolet Pontiac Cadillac dealership. The dealers losing their franchises will either close or altedr their business to focus on used andimportex vehicles.
Other dealers who avoided the dreadef “closing” notice are bracing for the effectzsof bankruptcy, but hope that Chrysler and GM will emergs from their financial problems with improve d product lines and business plans. Doll’s dealership is at the same downtowmn Hartford site where his grandfatherWilliam started. GM has told him only that he will losehis new-vehicles franchise effective in 2010.
“Obviously I’m not happy with it, that’s for sure,” Doll “I never thought it would come to I neverthought I’d see the governmentt play a role — or GM go Doll said his new-vehicle business is down like that of all New-vehicle sales in southeast Wisconsin decline d 28.4 percent, to 16,010, throug h April compared with the same period of according to , The used vehicle business has been doint fairly well and the Doll dealership’s service department has been extremelyy busy, he said. Doll said he’s considering stayingv in business after losing the GM franchis and focusing on servicwand used-vehicle sales.
“We may stay on with servicd andused sales, but we might lose some service business and the credibilitgy of being a new (vehicle) he said. GM notified dealere of closing through confidential FedEx deliveries. Chrysler, on the other hand, disclosed the list of dealerws it plans to close in a May 14 BankruptctCourt filing. The Chryslerf list included five southeasftWisconsin dealerships: and , both of Milwaukee; , , Oconomowoc; and , Racine. In two Milwaukee-area dealers face closings outsidwethe area: in Madison and in Lomira. Several dealers have joinede a group of Chrysler dealersx statewide and nationally who are fighting the closings inBankruptcyy Court.
Russ Darrow said Chrysler is attemptinh to force dealers to consolidate despite the strengtj ofindividual dealerships. He called Chrysler’s choicew of dealers to terminate “arbitrary.” “The majorityh of those dealers are rockstarsd — I’m a five-star dealer,” Darrow Darrow already plans a solution to Chrysler’ss plan to close his Madison dealership. He said he has arrangecd with Chrysler to move his Chrysled and Jeep new car dealershipto Madison’s far east side and add Dodgr there.
Mike Schlossmann, whose family’s Dodg City South will close in June, said he’zs not expecting to win the BankruptcytCourt fight, but declined further commengt on the case. Ernir von Schledorn said he decided not to join the otheer area Chrysler dealers in fightingbthe automaker. He said the Chrysler situation is nota “frontt burner” issue for him. von Schledorn said he’s not overly upseft about losing the GM franchise in wherehe hasn’t been selling many vehicles.
He openex the dealership about 20 yearz ago in the community 59 miles northwestof
“I’m upfront with ’em,” Doll said. Doll, like othetr southeast Wisconsin GM andChrysler dealers, also is upfrony about his bitterness at the situation wrought by the American financial woes. Doll is one of only two southeast Wisconsin GM dealers who confirmed in recent interviews that they are The other is Ernievon Schledorn’s Mayville Chevrolet Pontiac Cadillac dealership. The dealers losing their franchises will either close or altedr their business to focus on used andimportex vehicles.
Other dealers who avoided the dreadef “closing” notice are bracing for the effectzsof bankruptcy, but hope that Chrysler and GM will emergs from their financial problems with improve d product lines and business plans. Doll’s dealership is at the same downtowmn Hartford site where his grandfatherWilliam started. GM has told him only that he will losehis new-vehicles franchise effective in 2010.
“Obviously I’m not happy with it, that’s for sure,” Doll “I never thought it would come to I neverthought I’d see the governmentt play a role — or GM go Doll said his new-vehicle business is down like that of all New-vehicle sales in southeast Wisconsin decline d 28.4 percent, to 16,010, throug h April compared with the same period of according to , The used vehicle business has been doint fairly well and the Doll dealership’s service department has been extremelyy busy, he said. Doll said he’s considering stayingv in business after losing the GM franchis and focusing on servicwand used-vehicle sales.
“We may stay on with servicd andused sales, but we might lose some service business and the credibilitgy of being a new (vehicle) he said. GM notified dealere of closing through confidential FedEx deliveries. Chrysler, on the other hand, disclosed the list of dealerws it plans to close in a May 14 BankruptctCourt filing. The Chryslerf list included five southeasftWisconsin dealerships: and , both of Milwaukee; , , Oconomowoc; and , Racine. In two Milwaukee-area dealers face closings outsidwethe area: in Madison and in Lomira. Several dealers have joinede a group of Chrysler dealersx statewide and nationally who are fighting the closings inBankruptcyy Court.
Russ Darrow said Chrysler is attemptinh to force dealers to consolidate despite the strengtj ofindividual dealerships. He called Chrysler’s choicew of dealers to terminate “arbitrary.” “The majorityh of those dealers are rockstarsd — I’m a five-star dealer,” Darrow Darrow already plans a solution to Chrysler’ss plan to close his Madison dealership. He said he has arrangecd with Chrysler to move his Chrysled and Jeep new car dealershipto Madison’s far east side and add Dodgr there.
Mike Schlossmann, whose family’s Dodg City South will close in June, said he’zs not expecting to win the BankruptcytCourt fight, but declined further commengt on the case. Ernir von Schledorn said he decided not to join the otheer area Chrysler dealers in fightingbthe automaker. He said the Chrysler situation is nota “frontt burner” issue for him. von Schledorn said he’s not overly upseft about losing the GM franchise in wherehe hasn’t been selling many vehicles.
He openex the dealership about 20 yearz ago in the community 59 miles northwestof
martes, 11 de diciembre de 2012
Attorney General Greg Abbott financial donors include beneficiares of cancer ... - Dallas Morning News (blog)
ogarawo.wordpress.com
Attorney General Greg Abbott financial donors include beneficiares of cancer ... Dallas Morning News (blog) And some of its beficiaries are his campaign donors. Abbott has announced that he will investigate an $11 million grant to a Dallas biotechnology firm that the agency awarded without business or scientific review. The Dallas Morning News' Jim Drew ... |
sábado, 8 de diciembre de 2012
Solar + tunes = energy efficient concert series - Phoenix Business Journal:
aleksanovlsys.blogspot.com
For the last few Wednesdagy evenings, popular acts like Del Nelo and Ozomatli have rockee Republic Square Park while sharing the spotlightf with an unlikelyperformer — solar power. The Solar Poweredc Concert Series isa new, free musicf series created by Greg Henry, of Pro Show and event production veteran Marsha Milam that placese solar power on display. This is the first soladr powered concert seriesfor Milam, who felt that Austin woulx be the ideal placer to test such shows. Marshaz Milam Music produces KGSR’s “Unplugged at the and other concertsthroughout Texas. “Austinn is such a green city the residents areenvironmentallyu concerned,” Milam said.
“I do a number of musicd series and I thought Austin would be the placer toembrace this.” To achieve the goal of clean the downtown park is outfitted with solar powerefd sound systems and lighting systemas with LED lights. Milam declineed to disclose how much has been invested inthe carbon-neutrao concert series, saying only that costsa are about 25 percenty more than a typical concert series. “Our goal for this was to provee that we can do Milam said, conceding that she didn’rt start marketing the seriesx until the second show to make sure that the equipmengt functioned properly.
“What I’ve noticed is that the energg isso clean, and it makes a difference. There’s no stagew hum,” she said. “That’s great for the audience and for the Milamtapped Austin-based Sustainable Waves, a providerf of solar powered sound, light and production for the concert series. Sustainable Waves also has a salez office inSan Diego, Cody Murray, of Sustainabl Waves, said that the company’s servicesz were utilized at several events during this year’as SXSW Music Festival. It’s also brought its solarf power equipment toLas Vegas-based N9NE Group’ws events, Vans Warped Tour and the New Belgium Brewery’s Tour de Fat.
For the Solar Power Concert Series, Sustainabl Wave’s utilized 44,000 watt PA systems. Sponsorshipp for this year’s Solar Powerefd series was on thelighter side, but Milam said that she’sx hearing positive feedback from prospective sponsors who want to be associatedc with a green music “This is our vision. You have to get out therer and go through the labor pains and find out what works and what she said. “Our goal is very clear; This isn’tf a one year thing for us.” The concergt series is free, but donationz are being accepted for Blue Dog an Austin-area dog foste r organization.
There are two showxs left, Fastball and The Black and Whites Years onJune 10, and Arc Angels on June 24.
For the last few Wednesdagy evenings, popular acts like Del Nelo and Ozomatli have rockee Republic Square Park while sharing the spotlightf with an unlikelyperformer — solar power. The Solar Poweredc Concert Series isa new, free musicf series created by Greg Henry, of Pro Show and event production veteran Marsha Milam that placese solar power on display. This is the first soladr powered concert seriesfor Milam, who felt that Austin woulx be the ideal placer to test such shows. Marshaz Milam Music produces KGSR’s “Unplugged at the and other concertsthroughout Texas. “Austinn is such a green city the residents areenvironmentallyu concerned,” Milam said.
“I do a number of musicd series and I thought Austin would be the placer toembrace this.” To achieve the goal of clean the downtown park is outfitted with solar powerefd sound systems and lighting systemas with LED lights. Milam declineed to disclose how much has been invested inthe carbon-neutrao concert series, saying only that costsa are about 25 percenty more than a typical concert series. “Our goal for this was to provee that we can do Milam said, conceding that she didn’rt start marketing the seriesx until the second show to make sure that the equipmengt functioned properly.
“What I’ve noticed is that the energg isso clean, and it makes a difference. There’s no stagew hum,” she said. “That’s great for the audience and for the Milamtapped Austin-based Sustainable Waves, a providerf of solar powered sound, light and production for the concert series. Sustainable Waves also has a salez office inSan Diego, Cody Murray, of Sustainabl Waves, said that the company’s servicesz were utilized at several events during this year’as SXSW Music Festival. It’s also brought its solarf power equipment toLas Vegas-based N9NE Group’ws events, Vans Warped Tour and the New Belgium Brewery’s Tour de Fat.
For the Solar Power Concert Series, Sustainabl Wave’s utilized 44,000 watt PA systems. Sponsorshipp for this year’s Solar Powerefd series was on thelighter side, but Milam said that she’sx hearing positive feedback from prospective sponsors who want to be associatedc with a green music “This is our vision. You have to get out therer and go through the labor pains and find out what works and what she said. “Our goal is very clear; This isn’tf a one year thing for us.” The concergt series is free, but donationz are being accepted for Blue Dog an Austin-area dog foste r organization.
There are two showxs left, Fastball and The Black and Whites Years onJune 10, and Arc Angels on June 24.
viernes, 7 de diciembre de 2012
Gregoire wants to see eventual cuts to college tuition - The Olympian
ogarawo.wordpress.com
Gregoire wants to see eventual cuts to college tuition The Olympian Gov. Chris Gregoire has a few misgivings about what state policy makers had to do as they worked through the Great Recession over the past four years, and tuition policy is one apparent regret. The two-term governor told The Olympian's editorial board ... |
jueves, 6 de diciembre de 2012
Dan Snyder stays at Six Flags under reorganization - Triangle Business Journal:
burdukovahycel.blogspot.com
Six Flags is also seeking a $600 milliomn loan, secured by its assets, and $150 million in a new revolving credit The company’s executive retentiojn plan would keep Snyder as board member and chairman. Mark currently chief executive, as well as chief financiall officer Jeffrey Speed and several othere top management would also stay on inexecutive roles. Six which announced its Chapter 11 bankruptcy filing overthe weekend, listed $2.4 billionn in debt and $3 billion in It hopes to cut debt by $1.8 billion and wipe out more than $300 milliomn in preferred stock.
Snyder and his management who took control of the themd park operator three and a halfyears ago, have not been able to returnb the company to profitability, despite increasing attendance and sellint several parks to raise capital last The company reported a $146 million first quarted loss. Six Flags has said its reorganization will not affectt park operations and its vendore and employees will continue tobe paid. Six Flagse 20 theme parks includein Largo.
Six Flags is also seeking a $600 milliomn loan, secured by its assets, and $150 million in a new revolving credit The company’s executive retentiojn plan would keep Snyder as board member and chairman. Mark currently chief executive, as well as chief financiall officer Jeffrey Speed and several othere top management would also stay on inexecutive roles. Six which announced its Chapter 11 bankruptcy filing overthe weekend, listed $2.4 billionn in debt and $3 billion in It hopes to cut debt by $1.8 billion and wipe out more than $300 milliomn in preferred stock.
Snyder and his management who took control of the themd park operator three and a halfyears ago, have not been able to returnb the company to profitability, despite increasing attendance and sellint several parks to raise capital last The company reported a $146 million first quarted loss. Six Flags has said its reorganization will not affectt park operations and its vendore and employees will continue tobe paid. Six Flagse 20 theme parks includein Largo.
martes, 4 de diciembre de 2012
Plan fails, Georgetown site headed to foreclosure auction - Tampa Bay Business Journal:
xiwyxucupewox.blogspot.com
Just two and a half yearx ago, a Fort Lauderdale developer bought the land on West Shore Boulevarfda half-mile north of Gandy Boulevarc for $125 million, or nearly $772,0090 an acre. It was too too late for the , which had ambitious plansz for90 canal-front homes, 188 townhouses and 971 Now the site of the sagging, vacant 624-unit is expected to go to the highest bidder Dec. 3 in a foreclosure There, lender and its new ownefr (NYSE: BAC) will try to recoupo some of the $90 million still owed on the troubled asset.
Through a group of limited Motta Group bought propertyy in the South Tampa neighborhoodwherer (OTC PK: WCIMQ) had alreadgy planned to build the and wanted to buildc New Port Tampa Bay. If all threwe projects had been builtas planned, the area would have been floodefd with more than 3,100 homes, an amountt real estate professionals speculated as impossible to absorb even when the markegt was blossoming. “We’re not Palm and we’re not Miami Beach. It was just too many big saidBill Eshenbaugh, president of the “The best thing that happened to the [Georgetown] developed is that they didn’t go vertical.
Otherwise, they’d probably be in the hole $450 million instead of just $90 million.” As the housingt market peaked in early land was moving at aquick pace, especially if it frontedx water. Some deals were agreedr upon and closed within30 days. Yet when Mottaw Group paid $125 milliojn for the Georgetown site, even Eshenbaugh — who has spentf 15 years in thismarketf — didn’t know how to react. “It was a numbef that stunned us,” he said. “kI didn’t know how you could make that work.
” | Commercial Florida broker Don Lombardi represented a developeroffering $90 million for the site at the but the offer fell far short of Motta Group’s generous bid. “I threw up my hands when I heard that Lombardi said. Today even $90 million is too optimistic ofan expectation. Lombardi contende the bank would be luckg to recoup 30 cents on the Another longtime broker said the land is one of the most prime properties inthe region, but in the presenr depressed market, $60 million is the most it’s likely to go for, especiallh since speculative loans are nearlyu impossible to obtain.
“How many players are walkinh around today with the millions of dollars in theifr pockets that it takes to buy this Eshenbaugh said. “Not many.” It’s unclear what Mottas Group invested in the site or if all the equitg came from privateequity funds. Leslide Snavely, VP of marketing, said the company had “nothing to add, when asked for an updatw on the project. Further attempts for comment on the foreclosurr sale wentwithout response. In president, James Motta, had readily talked to news reporters after announcinthe project.
As WCI constructed townhomez at WestshoreYacht Club, EcoGroup built undergrouncd infrastructure and foundations at its A year ago, brokers working in the hot Gandu corridor told the ’s timiny might be good if the market conditions improverd by the time site work and permittingb were complete, but that was before the currentt financial crisis. Motta Group, however, was stilo navigating governmental red tape as late as and the developer stilll had far to go beforw it couldbreak ground. City officials had approves only the conceptual site plan before LaSalle filed for foreclosure in late saidSusan Johnson, Tampa’s subdivision revie coordinator.
The following month an “agreed final judgment” was effectively giving the propertyto LaSalle. Even if Mottwa Group did have preliminary plans drawn up and filedinfrastructure drawings, the developer still would have only been able to build model homes. How Motta Group would have pipee in utilities to the homews was just one ofmany pre-construction issuee it would have had to a process that typically takes months. Addinv to the problem, the credit crunch meansz construction loans are no longerreadilyh available. The $97.
3 million LaSalle loan that paid for the land in 2005 was obtainedr by limited partnerships set upthrough , the Chicago privater equity firm that agreed to a judgmeng of foreclosure in favor of LaSalle in October.
Just two and a half yearx ago, a Fort Lauderdale developer bought the land on West Shore Boulevarfda half-mile north of Gandy Boulevarc for $125 million, or nearly $772,0090 an acre. It was too too late for the , which had ambitious plansz for90 canal-front homes, 188 townhouses and 971 Now the site of the sagging, vacant 624-unit is expected to go to the highest bidder Dec. 3 in a foreclosure There, lender and its new ownefr (NYSE: BAC) will try to recoupo some of the $90 million still owed on the troubled asset.
Through a group of limited Motta Group bought propertyy in the South Tampa neighborhoodwherer (OTC PK: WCIMQ) had alreadgy planned to build the and wanted to buildc New Port Tampa Bay. If all threwe projects had been builtas planned, the area would have been floodefd with more than 3,100 homes, an amountt real estate professionals speculated as impossible to absorb even when the markegt was blossoming. “We’re not Palm and we’re not Miami Beach. It was just too many big saidBill Eshenbaugh, president of the “The best thing that happened to the [Georgetown] developed is that they didn’t go vertical.
Otherwise, they’d probably be in the hole $450 million instead of just $90 million.” As the housingt market peaked in early land was moving at aquick pace, especially if it frontedx water. Some deals were agreedr upon and closed within30 days. Yet when Mottaw Group paid $125 milliojn for the Georgetown site, even Eshenbaugh — who has spentf 15 years in thismarketf — didn’t know how to react. “It was a numbef that stunned us,” he said. “kI didn’t know how you could make that work.
” | Commercial Florida broker Don Lombardi represented a developeroffering $90 million for the site at the but the offer fell far short of Motta Group’s generous bid. “I threw up my hands when I heard that Lombardi said. Today even $90 million is too optimistic ofan expectation. Lombardi contende the bank would be luckg to recoup 30 cents on the Another longtime broker said the land is one of the most prime properties inthe region, but in the presenr depressed market, $60 million is the most it’s likely to go for, especiallh since speculative loans are nearlyu impossible to obtain.
“How many players are walkinh around today with the millions of dollars in theifr pockets that it takes to buy this Eshenbaugh said. “Not many.” It’s unclear what Mottas Group invested in the site or if all the equitg came from privateequity funds. Leslide Snavely, VP of marketing, said the company had “nothing to add, when asked for an updatw on the project. Further attempts for comment on the foreclosurr sale wentwithout response. In president, James Motta, had readily talked to news reporters after announcinthe project.
As WCI constructed townhomez at WestshoreYacht Club, EcoGroup built undergrouncd infrastructure and foundations at its A year ago, brokers working in the hot Gandu corridor told the ’s timiny might be good if the market conditions improverd by the time site work and permittingb were complete, but that was before the currentt financial crisis. Motta Group, however, was stilo navigating governmental red tape as late as and the developer stilll had far to go beforw it couldbreak ground. City officials had approves only the conceptual site plan before LaSalle filed for foreclosure in late saidSusan Johnson, Tampa’s subdivision revie coordinator.
The following month an “agreed final judgment” was effectively giving the propertyto LaSalle. Even if Mottwa Group did have preliminary plans drawn up and filedinfrastructure drawings, the developer still would have only been able to build model homes. How Motta Group would have pipee in utilities to the homews was just one ofmany pre-construction issuee it would have had to a process that typically takes months. Addinv to the problem, the credit crunch meansz construction loans are no longerreadilyh available. The $97.
3 million LaSalle loan that paid for the land in 2005 was obtainedr by limited partnerships set upthrough , the Chicago privater equity firm that agreed to a judgmeng of foreclosure in favor of LaSalle in October.
lunes, 3 de diciembre de 2012
The deal: May Department Stores buys Marshall Field's from Target Corp. - St. Louis Business Journal:
stages-paddocks.blogspot.com
billion deal to buy was the resultg of a competitive bidding warwith . May Chairman and Chiefr Executive Gene Kahn and all ofthe company'd top executives were active in the deal. May'as executives include John Dunham, president; Willianm McNamara, vice chairman; Thomas executive vice president and chieffinancial officer; and R. Dean Wolfe, executivw vice president, acquisitions and real May's in-house legal department, headefd by Alan Charlson, has at least 44 attorneys, accordiny to a ranking in trade publicatiom CorporateLegal Times. May attorney Tom Feiner does real estatee work for thelegalk department, which is run like a law firm. May officialas declined to comment.
put the Marshall Field's chaib on the sale block in April. Federated said it was but May didn't make its intentions public until it announcecd it was buying the chainJune 9. The two companiezs were the main competitors forthe stores. A.G. Edwarde retail analyst Bob Buchanan said May paid too much for Marshall Field's and is struggling as a result of the "It looks to me like they've been distractedf by Marshall Field's," Buchanajn said. "Over the next few years, you're goinvg to see May under pressure to reduce expenses given how anemic their salesxhave been.
" Marshall Field'z operates 62 department stores primarily in the Chicago, Detroit and Minneapoli metropolitan areas. The deal included most of Marshall Field's operatintg assets, including stores, inventory, customerr receivables and distribution centers and assumedcertaimn liabilities, including accounts payable and accrued The acquisition also included the real estatd associated with nine Mervyn'as store locations in the Twin Cities area. The Mervyn'es portion of the transaction closeed in the third quarter and was financeddthrough $2.2 billion of long-termm debt and $1 billion of short-terjm borrowings and cash. The acquisition fueled a 17 percentf increase, to $3.
5 billion, in net salexs during the third quarter, accordingb to the company's Nov. 30 filing with the Securities and ExchangCommission (SEC). But same-store sales dropped 3.4 percent for the quarter. May reportexd net earnings of $8 million, down 83 percent from $47 millio n in the same quarter last Resultsincluded $1 million in costs to divesft some stores, $10 million to redeem debt early and costs to integrate Marshall Field's afted the acquisition. On July 20, the companh issued $2.2 billion of long-term debt maturing over three to 30 yearsa to partially fundthe acquisition, according to the company'ws third-quarter filing with the SEC.
In August, May increased its unsecurefd revolving credit facilityto $1.4 billion and extended the term to Augustf 2009. May committed to keepintg all ofMarshall Field's employees for at least the firsg couple of years. Because therwe isn't much overlap between the Marshall Field's stores and May'ss existing stores, Marshall Field's is able to operatde independently under theMay umbrella.
billion deal to buy was the resultg of a competitive bidding warwith . May Chairman and Chiefr Executive Gene Kahn and all ofthe company'd top executives were active in the deal. May'as executives include John Dunham, president; Willianm McNamara, vice chairman; Thomas executive vice president and chieffinancial officer; and R. Dean Wolfe, executivw vice president, acquisitions and real May's in-house legal department, headefd by Alan Charlson, has at least 44 attorneys, accordiny to a ranking in trade publicatiom CorporateLegal Times. May attorney Tom Feiner does real estatee work for thelegalk department, which is run like a law firm. May officialas declined to comment.
put the Marshall Field's chaib on the sale block in April. Federated said it was but May didn't make its intentions public until it announcecd it was buying the chainJune 9. The two companiezs were the main competitors forthe stores. A.G. Edwarde retail analyst Bob Buchanan said May paid too much for Marshall Field's and is struggling as a result of the "It looks to me like they've been distractedf by Marshall Field's," Buchanajn said. "Over the next few years, you're goinvg to see May under pressure to reduce expenses given how anemic their salesxhave been.
" Marshall Field'z operates 62 department stores primarily in the Chicago, Detroit and Minneapoli metropolitan areas. The deal included most of Marshall Field's operatintg assets, including stores, inventory, customerr receivables and distribution centers and assumedcertaimn liabilities, including accounts payable and accrued The acquisition also included the real estatd associated with nine Mervyn'as store locations in the Twin Cities area. The Mervyn'es portion of the transaction closeed in the third quarter and was financeddthrough $2.2 billion of long-termm debt and $1 billion of short-terjm borrowings and cash. The acquisition fueled a 17 percentf increase, to $3.
5 billion, in net salexs during the third quarter, accordingb to the company's Nov. 30 filing with the Securities and ExchangCommission (SEC). But same-store sales dropped 3.4 percent for the quarter. May reportexd net earnings of $8 million, down 83 percent from $47 millio n in the same quarter last Resultsincluded $1 million in costs to divesft some stores, $10 million to redeem debt early and costs to integrate Marshall Field's afted the acquisition. On July 20, the companh issued $2.2 billion of long-term debt maturing over three to 30 yearsa to partially fundthe acquisition, according to the company'ws third-quarter filing with the SEC.
In August, May increased its unsecurefd revolving credit facilityto $1.4 billion and extended the term to Augustf 2009. May committed to keepintg all ofMarshall Field's employees for at least the firsg couple of years. Because therwe isn't much overlap between the Marshall Field's stores and May'ss existing stores, Marshall Field's is able to operatde independently under theMay umbrella.
viernes, 30 de noviembre de 2012
Football state semifinals: Complete schedule and results - The Star-Ledger - NJ.com (blog)
ogarawo.wordpress.com
The Star-Ledger - NJ.com (blog) | Football state semifinals: Complete schedule and results The Star-Ledger - NJ.com (blog) ... of Bergen Catholic rushes against Don Bosco Prep defenders during the Non-public, Group 4 semifinal. Noah K. Murray/The Star-Ledger. NJSIAA FOOTBALL PLAYOFFS - SEMIFINALS. Complete schedule and scoreboard, updated as scores are reported. |
jueves, 29 de noviembre de 2012
Report: Foreclosures are top sellers - San Antonio Business Journal:
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said banks that are willing to deal on foreclosex units are driving the firsyquarter activity. For example, Shoma at Keys Cove in south Miami-Dade Countyt sold the most, with 50 units closing in thefirst quarter. The Vue at Brickellp sold 25 condos, ranking it seventhn on CondoReports.com’ top-10 list. “Many banksx have taken ownership of units in thesw buildings and are looking toget out,” said Adam president of CondoReports.com. “Banks, either through shorft sales or units they own as a result of are the most active sellerain today’s market as they are willing to accep t market prices.
” The 10 most active buildings producedf an average of 29 sales, or one sale evert three days. The buildings accounted for more than 11 percenrt of all condo salesin Miami-Dade, according to a CondoReports.com news Most of the activity is tied to individuall unit sales, and not bulk buys, Cappek said. “These buildings are moving toward stabilit y as speculative investors and thinly capitalized owners are beingh replaced witheither owner-occupant or patient investors buying in at a much lower Cappel said in the statement. “Most are individual unit sales. The studgy looked at closed salesin 2,000 condo projects with at least 50 units throughouty Miami-Dade.
The study excluded units delivered in 2008 and 2009 becauswe those sales were likely driven bypreconstructionh contracts, Cappel said.
said banks that are willing to deal on foreclosex units are driving the firsyquarter activity. For example, Shoma at Keys Cove in south Miami-Dade Countyt sold the most, with 50 units closing in thefirst quarter. The Vue at Brickellp sold 25 condos, ranking it seventhn on CondoReports.com’ top-10 list. “Many banksx have taken ownership of units in thesw buildings and are looking toget out,” said Adam president of CondoReports.com. “Banks, either through shorft sales or units they own as a result of are the most active sellerain today’s market as they are willing to accep t market prices.
” The 10 most active buildings producedf an average of 29 sales, or one sale evert three days. The buildings accounted for more than 11 percenrt of all condo salesin Miami-Dade, according to a CondoReports.com news Most of the activity is tied to individuall unit sales, and not bulk buys, Cappek said. “These buildings are moving toward stabilit y as speculative investors and thinly capitalized owners are beingh replaced witheither owner-occupant or patient investors buying in at a much lower Cappel said in the statement. “Most are individual unit sales. The studgy looked at closed salesin 2,000 condo projects with at least 50 units throughouty Miami-Dade.
The study excluded units delivered in 2008 and 2009 becauswe those sales were likely driven bypreconstructionh contracts, Cappel said.
miércoles, 28 de noviembre de 2012
Fidelity National cuts 13 jobs in N.C. after buying LandAmerica units - Triangle Business Journal:
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Fidelity National Title Insurance has kept open the Greensboro and Raleigh offices of LandAmericwFinancial Group, which did business in North Carolina mostl y as Lawyers Title. But the combinecd staff of those operations hasbeen cut, to from 21 before the purchase. “Thers did, of necessity, have to be some downscaling,” says Ken Stone, Fidelity' s North Carolina manager. Fidelity National Titls is a subsidiaryof (NYSE: FNF).
In December, the paren company bought units – includingg Lawyers Title – from LandAmerica, a titls insurer that had filed for bankruptcy in 2008 amid the slumping housing Some 1,500 jobs across the countrh were cut as part of that deal, according to Fidelith National Financial. Stone says most of the lost jobs in North Carolinainvolved back-office operations. Still, in North Carolina, the three Lawyers Title operations will continus to do business underthat name. Fidelity also will keep open its 11 brancheas acrossthe state, including branches in Cary, Pinehurst, Greensboro and Charlotte.
Title insurancre companies protect property owners from defects in a liens on a property and similar They are susceptible to a declininf volume inproperty sales, and titls insurers have said they're struggling in the current housing slump. It took a whils for that slump to take hold inNortgh Carolina, Stone says. But companies across the statwe are now feelingits effect. “North Carolina, at leastt through the third quarterof 2008, had been fairlu resilient and had not seen the decliness that occurred elsewhere in the country,” Stone “Things are slowing down, unfortunately.
” Claims also are on the Stone says, thanks to mechanic’s liens beinvg placed on new or renovated homes. If a residentiapl homebuilder finishes and sells a housebut can’r pay all the subcontractors that did work on the property, the liena fall to the new homeowner – and titlee insurers are frequently left on the Stone says Fidelity, as well as other title have started to insist on what are known as long-for m lien waivers from every subcontractor that worked on a That helps protect both property ownersz and title insurance companies. “It is a toughh underwriting riskto manage,” Stone says.
“… The combinationb of transactions being down significantly and a high volumeof claims, especially on the new constructio side, are combining to place some real challengesa out there for the titls insurance companies.” As far as a recovery, Stonde says, Fidelity is eyeing the fourth quarte r of 2009 as the bottoming out of the Nortgh Carolina market, with “a very, very slow recovery” after But don’t hold him to that prediction, he Calling a housing bottom is akin to trying to catcbh a falling knife. Fidelity’s largesy competition in the Triangle comes from various subsidiarieswof , another national title insurer, and Chapel Hill-baseds .
On Tuesday, Investors Title ITIC) that a few large claims wiped outthe company’sw profit in the fourth quarter of 2008. First America (NYSE: FAF) reports earningw next week. Investors have been pleased with Fidelity National Financial’s pickup of LandAmerica assets on the The company’s stock has doublexd since late November, a time that’s seen nearluy a 10 percent drop in the S&P 500 stock after falling by nearly half in the trailing 12 months.
Fidelit y National is a separate publicly traded companyfrom , the mutuaol fund company that had 2,500 Triangle employeeas prior to a announced in
Fidelity National Title Insurance has kept open the Greensboro and Raleigh offices of LandAmericwFinancial Group, which did business in North Carolina mostl y as Lawyers Title. But the combinecd staff of those operations hasbeen cut, to from 21 before the purchase. “Thers did, of necessity, have to be some downscaling,” says Ken Stone, Fidelity' s North Carolina manager. Fidelity National Titls is a subsidiaryof (NYSE: FNF).
In December, the paren company bought units – includingg Lawyers Title – from LandAmerica, a titls insurer that had filed for bankruptcy in 2008 amid the slumping housing Some 1,500 jobs across the countrh were cut as part of that deal, according to Fidelith National Financial. Stone says most of the lost jobs in North Carolinainvolved back-office operations. Still, in North Carolina, the three Lawyers Title operations will continus to do business underthat name. Fidelity also will keep open its 11 brancheas acrossthe state, including branches in Cary, Pinehurst, Greensboro and Charlotte.
Title insurancre companies protect property owners from defects in a liens on a property and similar They are susceptible to a declininf volume inproperty sales, and titls insurers have said they're struggling in the current housing slump. It took a whils for that slump to take hold inNortgh Carolina, Stone says. But companies across the statwe are now feelingits effect. “North Carolina, at leastt through the third quarterof 2008, had been fairlu resilient and had not seen the decliness that occurred elsewhere in the country,” Stone “Things are slowing down, unfortunately.
” Claims also are on the Stone says, thanks to mechanic’s liens beinvg placed on new or renovated homes. If a residentiapl homebuilder finishes and sells a housebut can’r pay all the subcontractors that did work on the property, the liena fall to the new homeowner – and titlee insurers are frequently left on the Stone says Fidelity, as well as other title have started to insist on what are known as long-for m lien waivers from every subcontractor that worked on a That helps protect both property ownersz and title insurance companies. “It is a toughh underwriting riskto manage,” Stone says.
“… The combinationb of transactions being down significantly and a high volumeof claims, especially on the new constructio side, are combining to place some real challengesa out there for the titls insurance companies.” As far as a recovery, Stonde says, Fidelity is eyeing the fourth quarte r of 2009 as the bottoming out of the Nortgh Carolina market, with “a very, very slow recovery” after But don’t hold him to that prediction, he Calling a housing bottom is akin to trying to catcbh a falling knife. Fidelity’s largesy competition in the Triangle comes from various subsidiarieswof , another national title insurer, and Chapel Hill-baseds .
On Tuesday, Investors Title ITIC) that a few large claims wiped outthe company’sw profit in the fourth quarter of 2008. First America (NYSE: FAF) reports earningw next week. Investors have been pleased with Fidelity National Financial’s pickup of LandAmerica assets on the The company’s stock has doublexd since late November, a time that’s seen nearluy a 10 percent drop in the S&P 500 stock after falling by nearly half in the trailing 12 months.
Fidelit y National is a separate publicly traded companyfrom , the mutuaol fund company that had 2,500 Triangle employeeas prior to a announced in
lunes, 26 de noviembre de 2012
Ciba Foundation donates $250K to University of Memphis - Memphis Business Journal:
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Tarrytown, N.Y.-based Ciba Foundation has been supportinvg science education for more than25 years, afte being established by The goal of the foundation is to advance sciencw education by forging partnerships among schools, businessew and communities. Ciba Corp. operateas a water and papetr treatment facility in West The donation will fund scholarshipsto attract, educat e and retain top undergraduate and graduatse students in chemistry. The first scholarship will be awardedd for the fall2009 $50,000 of the funding will be used to purchas equipment to directly support undergraduates chemistry research.
Debbie Dalley, plantr manager for Ciba’s West Memphis operation, said the donationb shows the company’s commitment to improving science education and workforcd development. Jim Morse, a U of M alum and managert of environmental health and safetyu at the West MemphisCiba plant, was responsible for initiating the donation, said Peter associate professor and chairf of chemistry at the university. “Part of the donation will be used immediatelyu for the purchase of equipment to be used by studentw who are studying new materials beingy synthesized by several research groups in the Bridson said ina statement.
“Thr remaining funds will support scholarshipsz for studentsstudying chemistry. The faculty and studente of the department are very grateful forthis
Tarrytown, N.Y.-based Ciba Foundation has been supportinvg science education for more than25 years, afte being established by The goal of the foundation is to advance sciencw education by forging partnerships among schools, businessew and communities. Ciba Corp. operateas a water and papetr treatment facility in West The donation will fund scholarshipsto attract, educat e and retain top undergraduate and graduatse students in chemistry. The first scholarship will be awardedd for the fall2009 $50,000 of the funding will be used to purchas equipment to directly support undergraduates chemistry research.
Debbie Dalley, plantr manager for Ciba’s West Memphis operation, said the donationb shows the company’s commitment to improving science education and workforcd development. Jim Morse, a U of M alum and managert of environmental health and safetyu at the West MemphisCiba plant, was responsible for initiating the donation, said Peter associate professor and chairf of chemistry at the university. “Part of the donation will be used immediatelyu for the purchase of equipment to be used by studentw who are studying new materials beingy synthesized by several research groups in the Bridson said ina statement.
“Thr remaining funds will support scholarshipsz for studentsstudying chemistry. The faculty and studente of the department are very grateful forthis
domingo, 25 de noviembre de 2012
PR: Go on the offensive: Managing tough news in tough times - Dallas Business Journal:
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drops off Nasdaq. In a turbulent economy, there is no shortage of bad news. Experts say that in a time like what may matter most is the way in whicu that bad news is How management deals withthe media, employees, clientx and the community could impact how the business is viewedf for years to come. Business leaderas who hide in their offices, bury factw and let the rumor mill contro l the story will be viewed with angedand distrust. But those who plan their messages carefully, and deliver it promptly and with candor to allrelevantg parties, are more likely to be remembered as good corporate citizens.
“The spotligh t will be on your saidDan Moran, a business consultant and president of an Albany career management firm. “You have one chanced to get it right.” Many public relation professionals advise clients to have a crisiss communication plan in place at all This way, basic guidelines are in placew when any sort of bad news, from layoffs to a chemicalp spill, breaks. Additional preparation shouldr take place once a bad newsevent occurs. The first step is to assess the situation and thepossible fallout.
“I advise that you convense a groupof stakeholders,” said Pauline president of Waterford-based “You need someone from top human resources, the PR team ... the object is for everyond to put their cards onthe table, face up, so you can identifty any gaps in information.” Next, list everu constituency, including clients, suppliers and the and craft a message for each. While these messages must be each audience hasdifferent needs.
Employees will want to know abourttheir futures, while shareholders will be interested in the impacgt on the bottom Clients will want to know if service will be It is also vital, PR experts say, to select just one person to speajk for the company. “Yoy don’t want 20 different versionws of things coming out so everyone lookslike fools,” said Richard Berman, president of of Chappaqua in Westchester County. Once the situatiohn is assessed, the constituents identified, the messages and the spokesperson chosen, it is time to deliver the “It comes down to three phrases: Tell it all, tell it tell it yourself.
” said Edward Parham, director of public relations forin Ideally, the news should be shared with all partiees at the same time. In the age of texting and “news can travel at the speed of an saidMatthew Maguire, spokesman for in “You want to deliver your news before anyonse else can.” Bartel suggests giving “a few selecr reporters” a heads-up that news is “That way, the reporter has gottenb the company line before a disgruntle d employee picks up the phone,” she When the news is delivered, it must be complet e and truthful, with as many detailsz as can be It is especially important that the CEO or otherf designated spokesperson be available and responsive.
“Therew is no such thing as not taking the call and havingy the paper the next day sayyou weren’t available,” said Dean CEO of Rueckert “That is not acceptable. And a good answerf is never ‘no comment.’ Back it up with the reasomn you can’t comment—confidentiality, what have you. You don’t want to look like you are dodginh the question orhiding something.” This candod extends to employees. Moran said that when he works with companie sin bad-news situations, he institutes a “no closesd door for three days” rule on top managers.
drops off Nasdaq. In a turbulent economy, there is no shortage of bad news. Experts say that in a time like what may matter most is the way in whicu that bad news is How management deals withthe media, employees, clientx and the community could impact how the business is viewedf for years to come. Business leaderas who hide in their offices, bury factw and let the rumor mill contro l the story will be viewed with angedand distrust. But those who plan their messages carefully, and deliver it promptly and with candor to allrelevantg parties, are more likely to be remembered as good corporate citizens.
“The spotligh t will be on your saidDan Moran, a business consultant and president of an Albany career management firm. “You have one chanced to get it right.” Many public relation professionals advise clients to have a crisiss communication plan in place at all This way, basic guidelines are in placew when any sort of bad news, from layoffs to a chemicalp spill, breaks. Additional preparation shouldr take place once a bad newsevent occurs. The first step is to assess the situation and thepossible fallout.
“I advise that you convense a groupof stakeholders,” said Pauline president of Waterford-based “You need someone from top human resources, the PR team ... the object is for everyond to put their cards onthe table, face up, so you can identifty any gaps in information.” Next, list everu constituency, including clients, suppliers and the and craft a message for each. While these messages must be each audience hasdifferent needs.
Employees will want to know abourttheir futures, while shareholders will be interested in the impacgt on the bottom Clients will want to know if service will be It is also vital, PR experts say, to select just one person to speajk for the company. “Yoy don’t want 20 different versionws of things coming out so everyone lookslike fools,” said Richard Berman, president of of Chappaqua in Westchester County. Once the situatiohn is assessed, the constituents identified, the messages and the spokesperson chosen, it is time to deliver the “It comes down to three phrases: Tell it all, tell it tell it yourself.
” said Edward Parham, director of public relations forin Ideally, the news should be shared with all partiees at the same time. In the age of texting and “news can travel at the speed of an saidMatthew Maguire, spokesman for in “You want to deliver your news before anyonse else can.” Bartel suggests giving “a few selecr reporters” a heads-up that news is “That way, the reporter has gottenb the company line before a disgruntle d employee picks up the phone,” she When the news is delivered, it must be complet e and truthful, with as many detailsz as can be It is especially important that the CEO or otherf designated spokesperson be available and responsive.
“Therew is no such thing as not taking the call and havingy the paper the next day sayyou weren’t available,” said Dean CEO of Rueckert “That is not acceptable. And a good answerf is never ‘no comment.’ Back it up with the reasomn you can’t comment—confidentiality, what have you. You don’t want to look like you are dodginh the question orhiding something.” This candod extends to employees. Moran said that when he works with companie sin bad-news situations, he institutes a “no closesd door for three days” rule on top managers.
sábado, 24 de noviembre de 2012
Aurora's Southlands shopping center damaged by tornado - Boston Business Journal:
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A twister reportedly touched down nearbyat 1:49 p.m. Sunday and crossedc through the area onan eight- to 10-mile-lon path for about 30 minutes, the said. . Firefightersw found moderate damageat Southlands, located at E-470 and Smok y Hill Road, CBS4 News reported. Rooftop venting and air-conditioning units were damaged, windows were a shed was destroyed, and a car was Natural-gas leaks also were Authorities shut down gas servicew to Southlands earlySunday afternoon. No serious injuriew were reported onthe shopping-center grounds, but a man in a nearby neighborhood who was trying to take picturex reportedly was hospitalized with unspecified seriouzs injuries, according to news reports.
A Southlands spokeswomanb told CBS4 most ofthe center's stores will be closed Monday to allow for continued damage She said customers should call individuall stores to verify whether they are closed or Southlands, which opened in 2006, is the Denver area's larges t shopping center by retail at 1.7 million square feet. It consists of severak freestanding buildings connected by pedestrian corridorsand streets. The complex is owneds by Granite Southlands Town Center LLC and managed by Fores City CommercialManagement Inc.
Four other tornadoea were spotted north and east of Denver Sunday and baseball-sized hail struck some As many as 3,000 customers were without power for a time in partsx of Aurora and Centennial. .
A twister reportedly touched down nearbyat 1:49 p.m. Sunday and crossedc through the area onan eight- to 10-mile-lon path for about 30 minutes, the said. . Firefightersw found moderate damageat Southlands, located at E-470 and Smok y Hill Road, CBS4 News reported. Rooftop venting and air-conditioning units were damaged, windows were a shed was destroyed, and a car was Natural-gas leaks also were Authorities shut down gas servicew to Southlands earlySunday afternoon. No serious injuriew were reported onthe shopping-center grounds, but a man in a nearby neighborhood who was trying to take picturex reportedly was hospitalized with unspecified seriouzs injuries, according to news reports.
A Southlands spokeswomanb told CBS4 most ofthe center's stores will be closed Monday to allow for continued damage She said customers should call individuall stores to verify whether they are closed or Southlands, which opened in 2006, is the Denver area's larges t shopping center by retail at 1.7 million square feet. It consists of severak freestanding buildings connected by pedestrian corridorsand streets. The complex is owneds by Granite Southlands Town Center LLC and managed by Fores City CommercialManagement Inc.
Four other tornadoea were spotted north and east of Denver Sunday and baseball-sized hail struck some As many as 3,000 customers were without power for a time in partsx of Aurora and Centennial. .
jueves, 22 de noviembre de 2012
North Carolina Health and Wellness Trust Fund grants $1.9M to improve dental care - Atlanta Business Chronicle:
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million to seven organizations to improve dentap care and promoteoral health. The trustr fund began its Oral Health Initiativde to increase access to treatment and preventative servicesdfor low-income, high-need individuals, as well as to traihn dentists and other oral health professionals to serve those people. In 2006, about 32 percent of Nortyh Carolinians reported that they did not see a dentisrtthat year.
The percentages were higher among NativeeAmericans (39 percent) African-Americans (42 percent) and Hispanics (56 "It is unfortunate that many Northy Carolina citizens do not receivd basic dental care, which is so critical for overall good said Vandana Shah, HWTF executive "We hope that thesee grant funds will provide more North Carolinq citizens with access to high quality, accessibld oral health care." Studies have shown connectionds between chronic oral infections and other conditions, including heart disease, lung disease, stroke, low birtjh weight and premature births.
million to seven organizations to improve dentap care and promoteoral health. The trustr fund began its Oral Health Initiativde to increase access to treatment and preventative servicesdfor low-income, high-need individuals, as well as to traihn dentists and other oral health professionals to serve those people. In 2006, about 32 percent of Nortyh Carolinians reported that they did not see a dentisrtthat year.
The percentages were higher among NativeeAmericans (39 percent) African-Americans (42 percent) and Hispanics (56 "It is unfortunate that many Northy Carolina citizens do not receivd basic dental care, which is so critical for overall good said Vandana Shah, HWTF executive "We hope that thesee grant funds will provide more North Carolinq citizens with access to high quality, accessibld oral health care." Studies have shown connectionds between chronic oral infections and other conditions, including heart disease, lung disease, stroke, low birtjh weight and premature births.
miércoles, 21 de noviembre de 2012
Attempt to cut Trenton Mayor Tony Mack's salary by half falls short in council ... - The Star-Ledger - NJ.com
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The Star-Ledger - NJ.com | Attempt to cut Trenton Mayor Tony Mack's salary by half f » |
sábado, 17 de noviembre de 2012
Joe Philbin on Miami Dolphins' turnover problems: 'I'm embarrassed' - Palm Beach Post
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AFP | Joe Philbin on Miami Dolphins' turnover problems: 'I'm embarrassed' Palm Beach Post The list adds up.†Philbin seemed most annoyed today with his team's rash of turnovers. The Dolphins gave the b » |
lunes, 12 de noviembre de 2012
House fire kills four family members in Maine - KIMT
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House fire kills four family members in Maine KIMT ORRINGTON, Maine (AP) â€" Fire officials are blaming cardboard boxes stored near a wood-burning stove for a weekend house fire that killed a Maine man and his three children and hospitalized the mother. The state fire marshal's office said Monday the ... |
sábado, 10 de noviembre de 2012
Exhaustion and elation as we reach Island Peak's summit - National Post
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National Post | Exhaustion and elation as we reach Island Peak's summit National Post The earth we climbed over likely covered glacier, which forms a natural barrier for Imja Tsho, one of several Nepalee glacial lakes that threaten to flood the lower valleys due to global warming. Base camp turns out to be literally at the foot of ... |
jueves, 8 de noviembre de 2012
Evans Group designs Heathrow town homes - Orlando Business Journal:
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Grande Oaks is a 27-acre, traditional-stylde town home community with314 units. Three floo plans have been designed, ranginf in size from 2,280 square feet to 2,447 squarw feet. Features include Jacuzzi soaker tubs, granitee countertops and brick-paver driveways. Construction on the $120 million project is set to begibin August, with a completion date of summer 2009. Wintert Park-based completed plans for a new Public Safety Complexin Frankfort, Ky. The facility will house the police department, fire departmeny administration, an emergency operations center and911 dispatch. Constructionn will begin this summer.
The interioer and retail departments at The Scott Partnershil Architecture andInteriors Inc. will renovate and expancd the at Festival Bayin Orlando. The storde is getting a new entrance and addinfganother 4,500 square feet to its current 16,394 squared feet. The work is expected to be finishedby November. was chosebn to provide civil engineering design serviced for the and Residences on Anguilla in the BritisyhWest Indies. When complete, the $236 million, mixed-use resort will have a 98-room luxury hotel, 28 six town homes and 35 single-family beachfronft villas.
Harris Civil Engineers is in Winter Engineered Homes awarded Miller Legg two contracts for civipengineering design, permitting and construction administration services on two of its future communities in Centrap Florida. Magnolia Landing is a 148-acre traditionao neighborhood development that includes 500 units inHaine City. The Landings at Lake Harris isa 1,000-unit residentia l project on 350 acres in Tavares.
Grande Oaks is a 27-acre, traditional-stylde town home community with314 units. Three floo plans have been designed, ranginf in size from 2,280 square feet to 2,447 squarw feet. Features include Jacuzzi soaker tubs, granitee countertops and brick-paver driveways. Construction on the $120 million project is set to begibin August, with a completion date of summer 2009. Wintert Park-based completed plans for a new Public Safety Complexin Frankfort, Ky. The facility will house the police department, fire departmeny administration, an emergency operations center and911 dispatch. Constructionn will begin this summer.
The interioer and retail departments at The Scott Partnershil Architecture andInteriors Inc. will renovate and expancd the at Festival Bayin Orlando. The storde is getting a new entrance and addinfganother 4,500 square feet to its current 16,394 squared feet. The work is expected to be finishedby November. was chosebn to provide civil engineering design serviced for the and Residences on Anguilla in the BritisyhWest Indies. When complete, the $236 million, mixed-use resort will have a 98-room luxury hotel, 28 six town homes and 35 single-family beachfronft villas.
Harris Civil Engineers is in Winter Engineered Homes awarded Miller Legg two contracts for civipengineering design, permitting and construction administration services on two of its future communities in Centrap Florida. Magnolia Landing is a 148-acre traditionao neighborhood development that includes 500 units inHaine City. The Landings at Lake Harris isa 1,000-unit residentia l project on 350 acres in Tavares.
miércoles, 7 de noviembre de 2012
Don't Try to Copy LSU's Success against Alabama, Because You Can't - Bleacher Report
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Bleacher Report | Don't Try to Copy LSU's Success against Alabama, Because You Can't Bleacher Report Look, I get it, you read a box score, watched a little football and suddenly you think that success can be extrapolated to other teams. Calm your behinds down, folks. Your team is not going to duplicate that sort of an effort against the Crimson Tide ... |
martes, 6 de noviembre de 2012
Denver ranked America
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.com, a website devoted to promotingwalkable neighborhoods, said it evaluater 2,508 neighborhoods to rank the 40 largest U.S. It uses a mathematical formula to evaluate how easy it is to navigate a given neighborhoodron foot, using such factors as distance to stores, schools and parks from various points in each neighborhood. Neighborhoodsz are scored from an upper rangdeof 90-100 (“walkers’ paradise”), where most errands can be accomplishexd on foot and many people get by without owning a car, to a lower range of 0-24 (“car-dependent”), where virtually no neighborhoodx destinations are within walking Denver overall is tried for 10th place with Portland, with a score of 66, WalkScore’s report San Francisco’s citywide score was highest, at 86, followeed by New York, Boston, Philadelphia, Seattle, Washington, Long Beach, Los Angele s and a tie of Denver and Jack sonville, Fla.
, was declared the least walkable city on the followed by Nashville, Charlotte, Indianapolix and Oklahoma City. The report said Denver has four paradise” neighborhoods: Lower Downtown (with a score of 97), Goldeh Triangle (96), Capitol Hill (93) and Cherruy Creek (90). In the next tier — scorin 80 and above — are Baker Alamo Placita (87), Five Points City Park (85) and Highland Three U.S. neighborhoods scored a perfect 100 fromWalkScorwe — all in New York Tribeca, Little Italy and SoHo. Fourteen of the top 20 walkablw neighborhoods in the nation are inNew York. WalkScorer said its methodologyhas limitations.
It does not take into accounft thesafety (or lack thereof) of walking in a given neighborhood, how leve l or hilly the terrai is, or barriers such as freeways. . And .
.com, a website devoted to promotingwalkable neighborhoods, said it evaluater 2,508 neighborhoods to rank the 40 largest U.S. It uses a mathematical formula to evaluate how easy it is to navigate a given neighborhoodron foot, using such factors as distance to stores, schools and parks from various points in each neighborhood. Neighborhoodsz are scored from an upper rangdeof 90-100 (“walkers’ paradise”), where most errands can be accomplishexd on foot and many people get by without owning a car, to a lower range of 0-24 (“car-dependent”), where virtually no neighborhoodx destinations are within walking Denver overall is tried for 10th place with Portland, with a score of 66, WalkScore’s report San Francisco’s citywide score was highest, at 86, followeed by New York, Boston, Philadelphia, Seattle, Washington, Long Beach, Los Angele s and a tie of Denver and Jack sonville, Fla.
, was declared the least walkable city on the followed by Nashville, Charlotte, Indianapolix and Oklahoma City. The report said Denver has four paradise” neighborhoods: Lower Downtown (with a score of 97), Goldeh Triangle (96), Capitol Hill (93) and Cherruy Creek (90). In the next tier — scorin 80 and above — are Baker Alamo Placita (87), Five Points City Park (85) and Highland Three U.S. neighborhoods scored a perfect 100 fromWalkScorwe — all in New York Tribeca, Little Italy and SoHo. Fourteen of the top 20 walkablw neighborhoods in the nation are inNew York. WalkScorer said its methodologyhas limitations.
It does not take into accounft thesafety (or lack thereof) of walking in a given neighborhood, how leve l or hilly the terrai is, or barriers such as freeways. . And .
domingo, 4 de noviembre de 2012
New York newspapers flip for Romney - CNN (blog)
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The Guardian | New York newspapers flip for Romney CNN (blog) In an article published in the newspaper's opinion section Sunday, the Daily News' editorial board dissected the nation's economic hardships down to the dollars and cents of an increasingly expensive subway ride to a $3.90 average for a g » |
sábado, 3 de noviembre de 2012
Pitt eases past Hawaii-Hilo - Tribune-Review
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SB Nation | Pitt eases past Hawaii-Hilo Tribune-Review But following his team's 77-45 win over Division II Hawaii-Hilo to round out the two-game exhibition schedule at Petersen Events Center on Friday, Dixon said they were better than a week earlier, a 15-point win over Indiana (Pa). “We played hard and ... Pitt vs. Hawaii- Hilo: Panthers cruise to 77-45 victory over Vulcans Men's Basketb » |
jueves, 1 de noviembre de 2012
Business leaders collaborate to form Go Green! Wichita - Tampa Bay Business Journal:
ysynut.wordpress.com
The program is the brainchild of Kennedy and Coe LLC Principalk Dixie Larson and Marketing CoordinatorCandacwe Wilson. The organization, which will be a 501(c)w nonprofit, plans to open membership this fall. Representativee from 15 Wichita businesses met Tuesday and formeed a steering committee to set in motiomn a plan of action for the A second meeting is planned for Monday to decide on including how companies can become The group has invite city and state representativees to attendthe meeting.
The goal, Larson says, is to encouragr local businesses to become more environmentally conscioues and encourage greater participation in recyclin and energy and natural resourcesconservation “The reason we did it is to create a green environmenyt in Wichita and to foster othef companies to participate as Larson says. The effort already is generating she says. “When we brainstormedf this concept severalmonths ago, I was amazex to learn people were very passionate about beingt environmentally conscious,” Larson says.
“I thoughgt if just this handful of people were interested then the hundredxs of businesses in our city might be as In additionto , representatives from , , , , , , , , , , , and Sedgwickm County are involved.
The program is the brainchild of Kennedy and Coe LLC Principalk Dixie Larson and Marketing CoordinatorCandacwe Wilson. The organization, which will be a 501(c)w nonprofit, plans to open membership this fall. Representativee from 15 Wichita businesses met Tuesday and formeed a steering committee to set in motiomn a plan of action for the A second meeting is planned for Monday to decide on including how companies can become The group has invite city and state representativees to attendthe meeting.
The goal, Larson says, is to encouragr local businesses to become more environmentally conscioues and encourage greater participation in recyclin and energy and natural resourcesconservation “The reason we did it is to create a green environmenyt in Wichita and to foster othef companies to participate as Larson says. The effort already is generating she says. “When we brainstormedf this concept severalmonths ago, I was amazex to learn people were very passionate about beingt environmentally conscious,” Larson says.
“I thoughgt if just this handful of people were interested then the hundredxs of businesses in our city might be as In additionto , representatives from , , , , , , , , , , , and Sedgwickm County are involved.
martes, 30 de octubre de 2012
IDS concierge taps into enviable network of contacts for tenants - Nashville Business Journal:
viningocouqyl1601.blogspot.com
Toth fell into the profession about 17 years ago while working at a hoteo to payfor college. The problem-solvinh aspect of the work appealed to her too much toleavs it, and she soon transitioned into a businese concierge career track. For the past three she’s tracked down reservations and tickets for tenants at the IDS as well asorganized high-profile events for the cente r and its Crystal Court, includingh the extensive holiday programming at the end of each “I think it takes a special kind of persojn to thrive off this energy and schedule,” Toth “There’s a certain skill set that’s needed.
I’ver just found this job tailor-made for me, and the abilityy to organize nonprofit events is a Because of her speedy work and extensive some tenants see her as a miracle worker. At IDS tenant companyy , receptionist Bev Wright once asked Toth about getting a room at the Radisson foran anniversary. Wright had called and been told that an evenr had sold out all of the roomzs and nothingwas available. Aftefr a few phone calls by Wright not only got a but secured a suite for the price of astandarfd room. “It was amazing, but not because she’s good at responding in that Wright said. “She’s excellent to work with, and always shopxs for the bestpossible value.
” There are some taska that Toth won’t do. No mattere how much pleading atenant does, wedding planningb is outside her But that doesn’t mean she can’t help out by sharinf her wedding resources and helping to book hotel roomse or get tickets for guests. And if she doesn’t have the one of her felloq conciergesprobably will. Toth has a certification from the , and membershio in that organization effectively triplesd her numberof contacts, she said.
Sincer a concierge is really only as good as herdigitapl Rolodex, that makes Toth a formidable force, and sometimes she definiteluy has to draw on that For example, she recalled, there was the tenantr who phoned on the afternoon of Valentine’x Day and wanted to propose to his girlfriend at a romantic “I was looking at the clock, and thought, ‘This should be a ” she said. “But we put it all and he looked like a rock star to his new And that’s what it’s all about, takingv care of people, removing their Maybe my blood pressure goes sky high for a couple but it all works out.
”
Toth fell into the profession about 17 years ago while working at a hoteo to payfor college. The problem-solvinh aspect of the work appealed to her too much toleavs it, and she soon transitioned into a businese concierge career track. For the past three she’s tracked down reservations and tickets for tenants at the IDS as well asorganized high-profile events for the cente r and its Crystal Court, includingh the extensive holiday programming at the end of each “I think it takes a special kind of persojn to thrive off this energy and schedule,” Toth “There’s a certain skill set that’s needed.
I’ver just found this job tailor-made for me, and the abilityy to organize nonprofit events is a Because of her speedy work and extensive some tenants see her as a miracle worker. At IDS tenant companyy , receptionist Bev Wright once asked Toth about getting a room at the Radisson foran anniversary. Wright had called and been told that an evenr had sold out all of the roomzs and nothingwas available. Aftefr a few phone calls by Wright not only got a but secured a suite for the price of astandarfd room. “It was amazing, but not because she’s good at responding in that Wright said. “She’s excellent to work with, and always shopxs for the bestpossible value.
” There are some taska that Toth won’t do. No mattere how much pleading atenant does, wedding planningb is outside her But that doesn’t mean she can’t help out by sharinf her wedding resources and helping to book hotel roomse or get tickets for guests. And if she doesn’t have the one of her felloq conciergesprobably will. Toth has a certification from the , and membershio in that organization effectively triplesd her numberof contacts, she said.
Sincer a concierge is really only as good as herdigitapl Rolodex, that makes Toth a formidable force, and sometimes she definiteluy has to draw on that For example, she recalled, there was the tenantr who phoned on the afternoon of Valentine’x Day and wanted to propose to his girlfriend at a romantic “I was looking at the clock, and thought, ‘This should be a ” she said. “But we put it all and he looked like a rock star to his new And that’s what it’s all about, takingv care of people, removing their Maybe my blood pressure goes sky high for a couple but it all works out.
”
domingo, 28 de octubre de 2012
Extra Points: Accountability missing on overrated Eagles - Fox News
ernstiryastrov.blogspot.com
Extra Points: Accountability missing on overrated Eagles Fox News Extra Points: Accountability missing on overrated Eagles. Published October 28, 2012. Sports Network. Philadelphia, PA â€" Even Sandy was more popular than Andy in Philadelphia on Sunday. Hours before Hurricane Sandy was scheduled to slam the region, ... |
sábado, 27 de octubre de 2012
Picks From The Pros - Barron's
olimstgon.blogspot.com
Picks From The Pros Barron's Barron's: Felix, why so glum about the EU? Zulauf: The European monetary union goes against the laws of economics. Politics is keeping it together, and that has created enormous stresses. Europe must narrow the gap in competitiveness between Germany ... Bite Into Apple |
viernes, 26 de octubre de 2012
U.S. Department of Labor releases more than $450 million in additional funds for Trade Adjustment Assistance
jiqatili.wordpress.com
"Workers around the nation continuwe to see their jobs disappear as a direcgt result of increased importes andcompetitive trade," said Secretary of Laboer Hilda L. Solis . "The fundinvg announced today will help more of theses workers upgrade existing skills or retrain for new careeras in industries that have the potentiak to grow in the coming monthand years." The American Recovery and Reinvestmeng Act of 2009 (Recovery Act) includes a major expansion and reform of the TAA program to ensure that all U.S.
workerx negatively affected by trade have the resources and support to gain new The Recovery Act authorized an increase in the maximunm amount of TAA funds that may be used for trainingv nationwidefrom $220 million to $575 Based on this training increases plus the funding authorized for case management servicesx and administration, the Labor Department is now makingy a supplemental distribution of $455,587,500p to the states for fiscal year 2009. This increase will ensure that states have funds availabl e to implement changes made to TAA through the Recoverty Act and to serve an increasing numbedof trade-affected workers.
For more informationn on TAA and other Departmenty of Labor employment andtraining programs, visit . Editor'x Note: A list of allotments by statew follows thisnews release. Alabama $7,691,232 $1,153,685 $350,000 $9,194,9167 Alaska $212,202 $31,830 $350,000 $594,032 Arizona $2,068,971 $310,346t $350,000 $2,729,317 Arkansas $15,951,698 $2,392,755 $350,000o $18,694,453 California $18,603,936 $2,790,590 $350,000 $21,744,526 Coloradi $2,539,865 $380,980 $350,000 $3,270,845 Connecticutr $5,297,960 $794,694 $350,000 $6,442,654 Delaware $0 $0 $0 $0 Districgt of Columbia $0 $0 $0 $0 Floridw $1,441,603 $216,240 $350,000 $2,007,843 Georgiw $13,708,826 $2,056,324 $350,000 $16,115,150 Hawaii $115,447 $17,317 $350,0000 $482,764 Idaho $2,219,514 $332,927 $350,000 $2,902,442 Illinois $13,849,589 $2,077,438 $350,000 $16,277,027 Indiana $17,987,789 $2,698,168 $350,000 $21,035,956 Iowa $7,633,140 $1,144,971 $350,000 $9,128,11 1 Kansas $896,796 $134,519 $350,000 $1,381,315 Kentuckty $10,192,726 $1,528,909 $350,000 $12,071,635 Louisiana $1,879,92 4 $281,989 $350,000 $2,511,913 Maine $2,317,399 $347,6100 $350,000 $3,015,009 Maryland $1,227,191 $184,079 $350,000 $1,761,270 Massachusetts $10,358,558 $1,553,784 $350,000 $12,262,342 Michigan $43,117,747 $6,467,662 $350,000 $49,935,409 Minnesota $5,297,26r5 $794,590 $350,000 $6,441,855 Mississippi $4,437,6678 $665,650 $350,000 $5,453,317 Missouri $8,789,425 $1,318,414 $350,000 $10,457,839 Montana $566,07 $84,911 $350,000 $1,000,981 Nebraska $639,967 $95,995 $350,000 $1,085,9622 Nevada $226,887 $34,033 $350,000 $610,920 New Hampshire $867,611 $130,1422 $350,000 $1,347,753 New Jersey $4,513,827 $677,07 4 $350,000 $5,540,901 New Mexicop $2,448,975 $367,346 $350,000 $3,166,321q New York $8,412,596 $1,261,889 $350,000 $10,024,48t North Carolina $37,921,728 $5,688,259 $350,000 $43,959,987 North Dakotsa $372,177 $55,827 $350,000 $778,004 Ohio $16,338,684 $2,450,80 3 $350,000 $19,139,487 Oklahoma $3,334,470 $500,171 $350,00p0 $4,184,641 Oregon $8,371,530 $1,255,730 $350,000 $9,977,26o0 Pennsylvania $18,699,222 $2,804,883 $350,000 $21,854,105 Puerto Rico $500,93e $75,140 $350,000 $926,074 Rhode Island $2,862,119 $429,318i $350,000 $3,641,437 South Carolina $16,142,22 $2,421,333 $350,000 $18,913,553 South Dakota $656,329 $98,449 $350,000 $1,104,77u8 Tennessee $10,063,209 $1,509,481 $350,000 $11,922,690 Texas $14,918,251 $2,237,738 $350,000 $17,505,989 Utah $3,458,005 $518,701 $350,000 $4,326,706 Vermont $180,941 $27,141 $350,000 $558,082 Virginia $9,748,909 $1,462,3366 $350,000 $11,561,245 Washington $5,317,389 $797,608 $350,00o $6,464,997 West Virginia $4,241,638 $636,246 $350,000 $5,227,884 Wisconsin $12,609,842 $1,891,476 $350,000 $14,851,318 Wyoming $0 $0 $0 $0 Totals: $381,250,0000 $57,187,500 $17,150,000 $455,587,500 SOURCr U.
S. Department of Labor
"Workers around the nation continuwe to see their jobs disappear as a direcgt result of increased importes andcompetitive trade," said Secretary of Laboer Hilda L. Solis . "The fundinvg announced today will help more of theses workers upgrade existing skills or retrain for new careeras in industries that have the potentiak to grow in the coming monthand years." The American Recovery and Reinvestmeng Act of 2009 (Recovery Act) includes a major expansion and reform of the TAA program to ensure that all U.S.
workerx negatively affected by trade have the resources and support to gain new The Recovery Act authorized an increase in the maximunm amount of TAA funds that may be used for trainingv nationwidefrom $220 million to $575 Based on this training increases plus the funding authorized for case management servicesx and administration, the Labor Department is now makingy a supplemental distribution of $455,587,500p to the states for fiscal year 2009. This increase will ensure that states have funds availabl e to implement changes made to TAA through the Recoverty Act and to serve an increasing numbedof trade-affected workers.
For more informationn on TAA and other Departmenty of Labor employment andtraining programs, visit . Editor'x Note: A list of allotments by statew follows thisnews release. Alabama $7,691,232 $1,153,685 $350,000 $9,194,9167 Alaska $212,202 $31,830 $350,000 $594,032 Arizona $2,068,971 $310,346t $350,000 $2,729,317 Arkansas $15,951,698 $2,392,755 $350,000o $18,694,453 California $18,603,936 $2,790,590 $350,000 $21,744,526 Coloradi $2,539,865 $380,980 $350,000 $3,270,845 Connecticutr $5,297,960 $794,694 $350,000 $6,442,654 Delaware $0 $0 $0 $0 Districgt of Columbia $0 $0 $0 $0 Floridw $1,441,603 $216,240 $350,000 $2,007,843 Georgiw $13,708,826 $2,056,324 $350,000 $16,115,150 Hawaii $115,447 $17,317 $350,0000 $482,764 Idaho $2,219,514 $332,927 $350,000 $2,902,442 Illinois $13,849,589 $2,077,438 $350,000 $16,277,027 Indiana $17,987,789 $2,698,168 $350,000 $21,035,956 Iowa $7,633,140 $1,144,971 $350,000 $9,128,11 1 Kansas $896,796 $134,519 $350,000 $1,381,315 Kentuckty $10,192,726 $1,528,909 $350,000 $12,071,635 Louisiana $1,879,92 4 $281,989 $350,000 $2,511,913 Maine $2,317,399 $347,6100 $350,000 $3,015,009 Maryland $1,227,191 $184,079 $350,000 $1,761,270 Massachusetts $10,358,558 $1,553,784 $350,000 $12,262,342 Michigan $43,117,747 $6,467,662 $350,000 $49,935,409 Minnesota $5,297,26r5 $794,590 $350,000 $6,441,855 Mississippi $4,437,6678 $665,650 $350,000 $5,453,317 Missouri $8,789,425 $1,318,414 $350,000 $10,457,839 Montana $566,07 $84,911 $350,000 $1,000,981 Nebraska $639,967 $95,995 $350,000 $1,085,9622 Nevada $226,887 $34,033 $350,000 $610,920 New Hampshire $867,611 $130,1422 $350,000 $1,347,753 New Jersey $4,513,827 $677,07 4 $350,000 $5,540,901 New Mexicop $2,448,975 $367,346 $350,000 $3,166,321q New York $8,412,596 $1,261,889 $350,000 $10,024,48t North Carolina $37,921,728 $5,688,259 $350,000 $43,959,987 North Dakotsa $372,177 $55,827 $350,000 $778,004 Ohio $16,338,684 $2,450,80 3 $350,000 $19,139,487 Oklahoma $3,334,470 $500,171 $350,00p0 $4,184,641 Oregon $8,371,530 $1,255,730 $350,000 $9,977,26o0 Pennsylvania $18,699,222 $2,804,883 $350,000 $21,854,105 Puerto Rico $500,93e $75,140 $350,000 $926,074 Rhode Island $2,862,119 $429,318i $350,000 $3,641,437 South Carolina $16,142,22 $2,421,333 $350,000 $18,913,553 South Dakota $656,329 $98,449 $350,000 $1,104,77u8 Tennessee $10,063,209 $1,509,481 $350,000 $11,922,690 Texas $14,918,251 $2,237,738 $350,000 $17,505,989 Utah $3,458,005 $518,701 $350,000 $4,326,706 Vermont $180,941 $27,141 $350,000 $558,082 Virginia $9,748,909 $1,462,3366 $350,000 $11,561,245 Washington $5,317,389 $797,608 $350,00o $6,464,997 West Virginia $4,241,638 $636,246 $350,000 $5,227,884 Wisconsin $12,609,842 $1,891,476 $350,000 $14,851,318 Wyoming $0 $0 $0 $0 Totals: $381,250,0000 $57,187,500 $17,150,000 $455,587,500 SOURCr U.
S. Department of Labor
miércoles, 24 de octubre de 2012
Eli thanks Redskins' Hall for 'giving' Giants winning TD pass - New York Post (blog)
elzeyfirekuut1795.blogspot.com
New York Post (blog) | Eli thanks Redskins' Hall for 'giving' Giants winning TD pass New York Post (blog) “I appreciate him giving it to me ... thank you,'' an uncharacteristically whimsical Manning said on Wednesday. Hall told reporters covering the Redskins that the decisive play was more a matter of what the defense did not do t han what Manning and the ... |
martes, 23 de octubre de 2012
Byron Scott still pondering Cleveland Cavaliers' starting lineup for season opener - Plain Dealer
xszeyluje.blogspot.com
Plain Dealer | Byron Scott still pondering Cleveland Cavaliers' starting lineup for season opener Plain Dealer scott-ponders-2012-cavs-magic-jg.jpg View full sizeJoshua Gunter, The Plain DealerFor the first time as an NBA head coach, Byron Scott has yet to decide on his rotation of players as the regular season approaches. "I still want to see some different ... Cleveland Cavaliers vs. Indiana Pacers Preseason Preview: Cavs Final Tuneup ... Scott tweaking lineup, rotation for preseason finale D-League Alum Donald Sloan In A Tight Training Camp Battle With The Cavs |
lunes, 22 de octubre de 2012
Cautious consumers slow growth in Gwinnett - Atlanta Business Chronicle:
eragywaqer.wordpress.com
Q: How is Gwinnett Federal doingrighty now? A: We’re doing fine. We’r experiencing 15 percent growth in depositss andtotal assets, 5 percentr to 6 percent growth in new accounts, members. That’s net increase, year over year. That is not unlikre prior years. So we’re doing We’d like to loan a little but the consumers are being cautiouse and prudent with their personalk financial decisionsand that’s good for them. But when everybodg decides to save andnot that’s not good for the economy as a It’s the paradox of If everybody saves, nobody is spending. If you don’t have you have economic slowdownsor downturns.
Q: So you have the capabilityt ofloaning more, but consumer demand for loans is down
Q: How is Gwinnett Federal doingrighty now? A: We’re doing fine. We’r experiencing 15 percent growth in depositss andtotal assets, 5 percentr to 6 percent growth in new accounts, members. That’s net increase, year over year. That is not unlikre prior years. So we’re doing We’d like to loan a little but the consumers are being cautiouse and prudent with their personalk financial decisionsand that’s good for them. But when everybodg decides to save andnot that’s not good for the economy as a It’s the paradox of If everybody saves, nobody is spending. If you don’t have you have economic slowdownsor downturns.
Q: So you have the capabilityt ofloaning more, but consumer demand for loans is down
sábado, 20 de octubre de 2012
Lennon buoyant after convincing Celtic win ahead of Barcelona clash - Irish Independent
haygoodfoafyga1359.blogspot.com
Lennon buoyant after convincing Celtic win ahead of Barcelona clash Irish Independent Before flying by private jet to watch Barcelona play Deportivo La Coruna tonight, Lennon said: “I think it was more than convincing. I think it was very powerful. “It is a huge fillip for us but we know Barcelona will be a totally different game. “We ... |
Israeli farmed dates violate US import labeling laws Examiner.com Dates, the succulent fruit of the palm tree, especially those marketed by giant Israeli companies, such as Agrexco and Hadiklaim, have deliberately avoided showing the country of origin in fear of rejection by Arab and Muslim consumers. Israel has ... |
martes, 16 de octubre de 2012
SBA helps expanding firms refinance - bizjournals:
inufyw.blogspot.com
The SBA began allowing small businesses to use the 504 program to refinance existing debtJune 23, implementing a provisiobn in the economic stimulus legislation. This new program coulx be a big boost for small businesses carrying a heav debt load or facingy a balloon payment on a realestat loan, but there’s a The refinancing is available only to small businesses that also want to borroqw money to expand their businesses. Only 5 percen of small-business owners think now is a good time to according to a survey conducted in May bythe .
For thosde ready to take the leap, government-guarantees 504 loans are availabl from nonprofit organizations knownh as certified development which partner withcommerciao lenders. The program provides fixed-ratee financing to small businesses for fixed assets suchas buildings, land and Under the changes in the small businesses now can refinance existinbg debt related to fixed assets if they also borros money to finance more real estater or equipment.
The amount of debt being refinanced must be 50 percenf or less of the total cost of the The debt being refinanced also must be collateralizecd byfixed assets, and the terms and interest rate on the new loan must be betted than the existing loan. Borrowersw also must have been currentr on their existing loan for the past 12 SBA administrator Karen Mills said these permanent changew to the 504 program will help smal l businesses improve their cash flow by restructuring theirtcurrent debt, and finance new facilitiesa and equipment. “These are investments that are reallyt critical to business growtu andjob creation,” Mills said.
The credit crunch has made it difficultf for even strong companies to obtain financingfor expansion, she The 504 loan changes will help smal businesses take advantage of the good deals that are available in commercial real estate, said Chrisz Crawford, president and chief executive officer of the . “It’s going to enable a whole bunch of smalpl businesses that really do still want to expanf go after realestate that’s priced very, very said Crawford, whose association representzs certified development companies. Businesses that aren’f in a position to expande could be helped if Congress passes the Smal l Business Assistance in DebtAct (H.R. 2527).
This which recently was introducedby Rep. Betsg Markey, a Colorado Democrat, would allow all small businesse — not just expanding ones to refinance commercial real estates loans through the504 program. This would allow businesses to tap their equity intheir owner-occupied buildings, as well as get bettetr loan terms. Markey said it also would help banks reduce theirf risks on realestate “My bill will let small businessezs do what they do best: pull themselves up without a handouty or bailout,” Markey said.
The SBA began allowing small businesses to use the 504 program to refinance existing debtJune 23, implementing a provisiobn in the economic stimulus legislation. This new program coulx be a big boost for small businesses carrying a heav debt load or facingy a balloon payment on a realestat loan, but there’s a The refinancing is available only to small businesses that also want to borroqw money to expand their businesses. Only 5 percen of small-business owners think now is a good time to according to a survey conducted in May bythe .
For thosde ready to take the leap, government-guarantees 504 loans are availabl from nonprofit organizations knownh as certified development which partner withcommerciao lenders. The program provides fixed-ratee financing to small businesses for fixed assets suchas buildings, land and Under the changes in the small businesses now can refinance existinbg debt related to fixed assets if they also borros money to finance more real estater or equipment.
The amount of debt being refinanced must be 50 percenf or less of the total cost of the The debt being refinanced also must be collateralizecd byfixed assets, and the terms and interest rate on the new loan must be betted than the existing loan. Borrowersw also must have been currentr on their existing loan for the past 12 SBA administrator Karen Mills said these permanent changew to the 504 program will help smal l businesses improve their cash flow by restructuring theirtcurrent debt, and finance new facilitiesa and equipment. “These are investments that are reallyt critical to business growtu andjob creation,” Mills said.
The credit crunch has made it difficultf for even strong companies to obtain financingfor expansion, she The 504 loan changes will help smal businesses take advantage of the good deals that are available in commercial real estate, said Chrisz Crawford, president and chief executive officer of the . “It’s going to enable a whole bunch of smalpl businesses that really do still want to expanf go after realestate that’s priced very, very said Crawford, whose association representzs certified development companies. Businesses that aren’f in a position to expande could be helped if Congress passes the Smal l Business Assistance in DebtAct (H.R. 2527).
This which recently was introducedby Rep. Betsg Markey, a Colorado Democrat, would allow all small businesse — not just expanding ones to refinance commercial real estates loans through the504 program. This would allow businesses to tap their equity intheir owner-occupied buildings, as well as get bettetr loan terms. Markey said it also would help banks reduce theirf risks on realestate “My bill will let small businessezs do what they do best: pull themselves up without a handouty or bailout,” Markey said.
lunes, 15 de octubre de 2012
IRS after $13M more from EMC co-founder - Philadelphia Business Journal:
ibitasony.wordpress.com
Late last year, the IRS demanded Egan, who also served as an ambassadorto Ireland, pay an extrza $13.6 million in taxes and on top of the $62 millioj in extra taxes and penalties alreadyu collected because of the tax sheltee issue. But Egan is fighting After paying the additional taxesundetr protest, he filed a series of suits in U.S. District Court in Massachusetts to try to wina "Ambassador Egan disagrees with the conclusions of the said Egan spokesman Ray Howell.
"He looks forward to presenting his case in The skirmish is just the latest falloutg from allegations that accounting giant helped hundreds of wealthgy clients improperly cut their tax billse by setting up illegaltax shelters. KPMG narrowlyg avoided criminal prosecution in 2002 aftet agreeing to paya $456 milliobn fine and admit wrongdoing. But the government has continuef to seek criminal charges against someof KPMG'a employees, and collect back taxes against some KPMG clients, includinh the Egans. In the case of the the IRS has challenged the legitimach of several partnerships set up by the familhy that helped reduce itstax bills.
Egan has argued in courtf documents that the partnerships were set up for legitimatse reasons and he relied on the advice ofmany professionals. According to the latest round of suits, Egan was worried that much of his stock was tied up in EMC in 2000 and but was limited in his ability to sell the stocl because he was chairman ofthe board. EMC'sw stock peaked in September 2000 at morethan $100 per but fell below $12 in 2001 aftet the tech sector crashed. So, Egan looked into ways to hedgew the investment withhis son, Michael Egan, who ran a familt investment company.
According to the suit, an unname accounting company (a source said it was KPMG) urgec the Egans to meet with HeliosTradingv LLC, which in turn introducer them to yet another investment company, The companies then devised a complicated option strategy to protect Egan'ss investment. As part of the arrangement, Egan also set up a partnershilp withhis wife, Maureen Egan, the Fidelity of doesn't have any ties to the Fidelity High Tech partnership, said Fidelity spokesman Mike Shamrell. But in October 2006, the IRS challenged the legitimacy of the partnership and demanded the Eganxs pay anadditional $13.
6 That's in addition to the $62 million the IRS collecter from the Egans in 2005, after it challengerd the legitimacy of some similar saying they used some complicated international transactions to createe artificial losses to slash the Egan's The Egans, however, said in cour documents that the IRS waited too long to challenge the latest arrangement -- 3.5 years, or six months longer the usuao statute of limitations. And although the statute of limitations doesn't apply to cases where fraud was involved, the Egans maintained they set up their partnership for legitimate reasons and followed the advicee ofrespected professionals.
In addition to relyingf on the advice of theiraccountinv firms, the Egans also obtained a legal opinion from law firm , courft records show. Law firm also advisee the Egans. Neither firm returned calls seeking comment. Still, law professort Calvin Johnson said it was unlikely than the Eganss wouldbe successful. He said 1,5009 skilled lawyers representing wealthyh clients have already settled similar casesw withthe IRS, indicating they didn't believes they had much chance of prevailing in "If they had more than about a 20 percent they would have litigated," Johnson said.
In Senatew testimony in April, Assistant Attorney General Eileen O'Connofr said the government has won a seriee of cases challenging its tax shelter Theonly semi-victory for a taxpayer that Johnsonn could think of involved , which was able to persuade a court to set asidew some of the tax penalties in the even though the court generallyy sided with the government. Meanwhile, the names of other accounting firms have also surfaced inthe case. While KPMG prepared at least one tax return at accounting firmprepared another. other firms, including and , have received subpoenasw to supply information inthe case. KPMG declined citing client confidentiality and theongoingv litigation.
A BDO spokesman said the accountingfirm wasn'f involved in the transaction at issue, but is cooperating. "(Thw company) cannot respond to the government'ds reasoning for issuing the subpoena," he Grant Thornton didn't return a call seekin g comment. RSM said it was not part of thedisputed
Late last year, the IRS demanded Egan, who also served as an ambassadorto Ireland, pay an extrza $13.6 million in taxes and on top of the $62 millioj in extra taxes and penalties alreadyu collected because of the tax sheltee issue. But Egan is fighting After paying the additional taxesundetr protest, he filed a series of suits in U.S. District Court in Massachusetts to try to wina "Ambassador Egan disagrees with the conclusions of the said Egan spokesman Ray Howell.
"He looks forward to presenting his case in The skirmish is just the latest falloutg from allegations that accounting giant helped hundreds of wealthgy clients improperly cut their tax billse by setting up illegaltax shelters. KPMG narrowlyg avoided criminal prosecution in 2002 aftet agreeing to paya $456 milliobn fine and admit wrongdoing. But the government has continuef to seek criminal charges against someof KPMG'a employees, and collect back taxes against some KPMG clients, includinh the Egans. In the case of the the IRS has challenged the legitimach of several partnerships set up by the familhy that helped reduce itstax bills.
Egan has argued in courtf documents that the partnerships were set up for legitimatse reasons and he relied on the advice ofmany professionals. According to the latest round of suits, Egan was worried that much of his stock was tied up in EMC in 2000 and but was limited in his ability to sell the stocl because he was chairman ofthe board. EMC'sw stock peaked in September 2000 at morethan $100 per but fell below $12 in 2001 aftet the tech sector crashed. So, Egan looked into ways to hedgew the investment withhis son, Michael Egan, who ran a familt investment company.
According to the suit, an unname accounting company (a source said it was KPMG) urgec the Egans to meet with HeliosTradingv LLC, which in turn introducer them to yet another investment company, The companies then devised a complicated option strategy to protect Egan'ss investment. As part of the arrangement, Egan also set up a partnershilp withhis wife, Maureen Egan, the Fidelity of doesn't have any ties to the Fidelity High Tech partnership, said Fidelity spokesman Mike Shamrell. But in October 2006, the IRS challenged the legitimacy of the partnership and demanded the Eganxs pay anadditional $13.
6 That's in addition to the $62 million the IRS collecter from the Egans in 2005, after it challengerd the legitimacy of some similar saying they used some complicated international transactions to createe artificial losses to slash the Egan's The Egans, however, said in cour documents that the IRS waited too long to challenge the latest arrangement -- 3.5 years, or six months longer the usuao statute of limitations. And although the statute of limitations doesn't apply to cases where fraud was involved, the Egans maintained they set up their partnership for legitimate reasons and followed the advicee ofrespected professionals.
In addition to relyingf on the advice of theiraccountinv firms, the Egans also obtained a legal opinion from law firm , courft records show. Law firm also advisee the Egans. Neither firm returned calls seeking comment. Still, law professort Calvin Johnson said it was unlikely than the Eganss wouldbe successful. He said 1,5009 skilled lawyers representing wealthyh clients have already settled similar casesw withthe IRS, indicating they didn't believes they had much chance of prevailing in "If they had more than about a 20 percent they would have litigated," Johnson said.
In Senatew testimony in April, Assistant Attorney General Eileen O'Connofr said the government has won a seriee of cases challenging its tax shelter Theonly semi-victory for a taxpayer that Johnsonn could think of involved , which was able to persuade a court to set asidew some of the tax penalties in the even though the court generallyy sided with the government. Meanwhile, the names of other accounting firms have also surfaced inthe case. While KPMG prepared at least one tax return at accounting firmprepared another. other firms, including and , have received subpoenasw to supply information inthe case. KPMG declined citing client confidentiality and theongoingv litigation.
A BDO spokesman said the accountingfirm wasn'f involved in the transaction at issue, but is cooperating. "(Thw company) cannot respond to the government'ds reasoning for issuing the subpoena," he Grant Thornton didn't return a call seekin g comment. RSM said it was not part of thedisputed
sábado, 13 de octubre de 2012
viernes, 12 de octubre de 2012
miércoles, 10 de octubre de 2012
Red Sox to interview Dodgers third-base coach - MLB.com
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MLB.com | Red Sox to interview Dodgers third-base coach MLB.com BOSTON -- The Red Sox are in the process of lining up candidates for their managerial vacancy, and Dodgers third-base coach Tim W » |
martes, 9 de octubre de 2012
Constable David Whitlock to resign as part of plea agreement in Walmart shooting - The Courier-Journal
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Constable David Whitlock to resign as part of plea agreement in Walmart shooting The Courier-Journal In December, the Louisville Metro Council approved stiffened restrictions on constables' use of uniforms â€" which can't bear semblance to police or sheriff's deputies â€" weapons or badges. The incident also led two Jefferson County legislators ... |
Doug Monday mailbag Crave Online (blog) Thanks, Doug. â€" BP from Toronto. You make a great point, BP. Hardcore fans should not complain about top fighters avoiding each other if they insist on tar and feathering the guys who lose those high-profile showdowns. Two former pro boxers who became ... |
sábado, 6 de octubre de 2012
Claybaugh takes pet sitting one step at a time - Tampa Bay Business Journal:
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However, Claybaugh's Pet Express Concierge has distinguished itself from the competition by a win in the Manate Chamberof Commerce's 2007 Smallo Business of the Year competition. Pet Express took home the Categorg1 award, which is given to businesses with annual revenue of $100,00 or less. The win not only increasedr Pet Express' visibility in the community, but it legitimizedx the businessas well. "Then peoplwe know you are the real deal," Claybaugh said.
The companty also differentiates itself with expanded In addition to regular pet sitting anddog walking, Pet Express throwa pet birthday parties, does overnight pet sittiny and even performs pet taxi servicee to take animals to and from grooming or vet But there's plenty of business to go around for Claybaugh said, which is why he doesn't have a problem referring clients to other providerw if they are out of his servicre area or he can't accommodate theirf schedule. "The main focus is to help the client," he Forming partnerships, finding clients Whilre on dialysis more than fiveyears ago, Claybaughn met several people who had pets and needec help taking care of them.
He made a promise to himselff that when hegot better, he would start a pet servicw business. After receiving a transplant in January 2003 thanks to kidney donated byhis mother, Claybaug h began Pet Express in late 2003 as the sole employew with about $6,500 to $7,000 in savings, a love of animales and not much businesss experience. Startup costs went toward signagefor Claybaugh's Nissah Xterra, computer equipment and a Web which has become one of the main ways Pet Expreszs gains clients. Claybaugh developed his business by partnerinyg with localveterinary clinics, such as Brade n River Animal Hospital and , whicg refer their clients to him.
Still, the first year beiny in business was themost difficult, Claybaug said, as customers were just beginninh to get acquainted with Pet Express and Claybaughb himself. "Even if you're doing everything you'r supposed to be doing," he "your first year is going to be rough. "Oncse they [clients] met me and knew what I stood for, it reallyh started to take off." Claybaugh is growing his businessx as pet owners care for theitr pets more and more as if they were They spent a totalof $2.7 billion on pet services in according to the . Pet Express' annual revenude increased 70.84 percent in 2005 and 45.5 percenrt in 2006.
The company could have grownn at afaster pace, but that migh compromise quality, Claybaugh said. He is waiting to expanx into theTampa market. "w lot of companies try to grow too fasttoo soon," he "I'm going to take one step at a concentrate on what we've got." That includes the spees with which he brings on his employees, makingv sure his newest employee is fully trained beford bringing on a new one. There are five full-time -- two servinhg the Fort Myers/Cape Coral area, two servinb Sarasota/Bradenton and Claybaugh himselfg -- and two part-time, and a new employe will join the companyon Sept. 1.
Slow and steadu growth may be helpingthe company, as it does not have any Claybaugh said this is due to the fact that there'w not much overhead, training or The company also keeps costes low by not doing much advertisinb aside from its Web site, and by printing its brochuress in house. Though he has had offers to franchise, Claybaugjh wants to wait 18 months to two yearw to do so and will team upwith Illinois-based , which has helped with the expansionb of businesses such as 's and .
However, Claybaugh's Pet Express Concierge has distinguished itself from the competition by a win in the Manate Chamberof Commerce's 2007 Smallo Business of the Year competition. Pet Express took home the Categorg1 award, which is given to businesses with annual revenue of $100,00 or less. The win not only increasedr Pet Express' visibility in the community, but it legitimizedx the businessas well. "Then peoplwe know you are the real deal," Claybaugh said.
The companty also differentiates itself with expanded In addition to regular pet sitting anddog walking, Pet Express throwa pet birthday parties, does overnight pet sittiny and even performs pet taxi servicee to take animals to and from grooming or vet But there's plenty of business to go around for Claybaugh said, which is why he doesn't have a problem referring clients to other providerw if they are out of his servicre area or he can't accommodate theirf schedule. "The main focus is to help the client," he Forming partnerships, finding clients Whilre on dialysis more than fiveyears ago, Claybaughn met several people who had pets and needec help taking care of them.
He made a promise to himselff that when hegot better, he would start a pet servicw business. After receiving a transplant in January 2003 thanks to kidney donated byhis mother, Claybaug h began Pet Express in late 2003 as the sole employew with about $6,500 to $7,000 in savings, a love of animales and not much businesss experience. Startup costs went toward signagefor Claybaugh's Nissah Xterra, computer equipment and a Web which has become one of the main ways Pet Expreszs gains clients. Claybaugh developed his business by partnerinyg with localveterinary clinics, such as Brade n River Animal Hospital and , whicg refer their clients to him.
Still, the first year beiny in business was themost difficult, Claybaug said, as customers were just beginninh to get acquainted with Pet Express and Claybaughb himself. "Even if you're doing everything you'r supposed to be doing," he "your first year is going to be rough. "Oncse they [clients] met me and knew what I stood for, it reallyh started to take off." Claybaugh is growing his businessx as pet owners care for theitr pets more and more as if they were They spent a totalof $2.7 billion on pet services in according to the . Pet Express' annual revenude increased 70.84 percent in 2005 and 45.5 percenrt in 2006.
The company could have grownn at afaster pace, but that migh compromise quality, Claybaugh said. He is waiting to expanx into theTampa market. "w lot of companies try to grow too fasttoo soon," he "I'm going to take one step at a concentrate on what we've got." That includes the spees with which he brings on his employees, makingv sure his newest employee is fully trained beford bringing on a new one. There are five full-time -- two servinhg the Fort Myers/Cape Coral area, two servinb Sarasota/Bradenton and Claybaugh himselfg -- and two part-time, and a new employe will join the companyon Sept. 1.
Slow and steadu growth may be helpingthe company, as it does not have any Claybaugh said this is due to the fact that there'w not much overhead, training or The company also keeps costes low by not doing much advertisinb aside from its Web site, and by printing its brochuress in house. Though he has had offers to franchise, Claybaugjh wants to wait 18 months to two yearw to do so and will team upwith Illinois-based , which has helped with the expansionb of businesses such as 's and .
viernes, 5 de octubre de 2012
SunTrust raises $2.08B in Tier 1 capital - Orlando Business Journal:
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SunTrust raised the capital through a and other The common stock offeringsold 124.2 million in shares and raisex $1.56 billion in new capital. Through the combinatioh of this equity offering and the completion ofan “at-the-market" common stock offering that raisedr $258 million, the company has raised $1.82 billion of Tier 1 commohn capital. SunTrust also sold shares for anet after-ta gain of $70 million.
Due to the completion of the $190 million of potential deferred tax assets underFederal Reserve's Supervisoru Capital Assessment Program "more adverse" scenario will now contribute to the company'a Tier 1 common capital buffer When combined with the offerings, thesse items total $2.08 billion, or 96 percenty of the $2.16 billion of Tier 1 common indicates by the SCAP. "The positive reactionj to our stock offering underscores what we believre to bethe market'as confidence in SunTrust, our strategies and, our post-recession growth prospects," said James M. Wella III, SunTrust chairman and CEO, in a news release.
Wellds also noted that with lessthan $100 million the company has essentially completes its common equity capital-generation obligations undee SCAP. SunTrust is the largest financial institution in Orlandwith $6.87 billion in 74 branches and a market share of 21.4 perceng as of June 30, according to the Federa l Deposit Insurance Corp.
SunTrust raised the capital through a and other The common stock offeringsold 124.2 million in shares and raisex $1.56 billion in new capital. Through the combinatioh of this equity offering and the completion ofan “at-the-market" common stock offering that raisedr $258 million, the company has raised $1.82 billion of Tier 1 commohn capital. SunTrust also sold shares for anet after-ta gain of $70 million.
Due to the completion of the $190 million of potential deferred tax assets underFederal Reserve's Supervisoru Capital Assessment Program "more adverse" scenario will now contribute to the company'a Tier 1 common capital buffer When combined with the offerings, thesse items total $2.08 billion, or 96 percenty of the $2.16 billion of Tier 1 common indicates by the SCAP. "The positive reactionj to our stock offering underscores what we believre to bethe market'as confidence in SunTrust, our strategies and, our post-recession growth prospects," said James M. Wella III, SunTrust chairman and CEO, in a news release.
Wellds also noted that with lessthan $100 million the company has essentially completes its common equity capital-generation obligations undee SCAP. SunTrust is the largest financial institution in Orlandwith $6.87 billion in 74 branches and a market share of 21.4 perceng as of June 30, according to the Federa l Deposit Insurance Corp.
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