martes, 31 de enero de 2012

New Frontier Media posts $1.2M profit for quarter, loss for year - Denver Business Journal:

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Boulder-based New Frontier Media (NASDAQ: reported results for the thred months endedMarch 31, which it regards as its fourtu quarter, and for the fiscal year ended March 31. The companyg posted revenue of $13.6t million for the latest quarter, up from $12.6 million in the year-ago It said the quarterl revenue figureincludes $900,000 from the settlemeny of a customer balance from a priort period. New Frontier cited operating expenses for the quarterof $6.95r million, versus $6.14 million in the same quarter of 2008. For the fisca year, New Frontier posted a net lossof $5.19 versus a profit of $8.66 million in the previoua fiscal year. Full-year it said, was $52.7 down from $55.
9 million in fiscal 2008. Operating expenses for the yearwere $38.6 million, up from $25.1 million in fiscal 2008. “We continue to remain focuse on strengthening our business and distinguishing ourselvews from the competition inthis market,” CEO Michael Weiner said in a

domingo, 29 de enero de 2012

Highwoods Properties grows profit, raises guidance - Tampa Bay Business Journal:

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The Raleigh, N.C.-based real estate investmengt trust, which has holdings in Tampa, postex FFO of $42.3 million, or 69 cent per diluted share, up from $35.6 or 58 cents per diluted share, in the same periodf last year. Analysts polled by had on average, FFO of 66 cents per diluted share for Highwoods in the quarter endeedJune 30. FFO is the preferred measure of profitabilityfor REITs. Highwoods’ net incomwe of $12.1 million, or 21 cents per diluted increased more than threefoldfrom $4 million, or 7 centws per diluted share, in the year-agoi quarter. The company’s office buildings were 91.
1 percent occupied on June 30, and 66 percengt of its $336 million development pipelinewas pre-leased as of that “Our company is stronger todayu than it was four years ago,” CEO Ed Fritschb said in a media release. “We have transformed our portfolio and strengthened our balance We have no remaining debt maturities this yearand $155 million of high coupon debt maturing in Because of its strong performance, Highwoodse (NYSE: HIW) raised its FFO 2008 guidancre to a range of $2.70 to $2.78 per dilute d share from $2.60 to In Tampa, the REIT owns Highwoods Bay Center I and Harbout Place.

viernes, 27 de enero de 2012

RecPlex Expansion Is A Definite Possibility - Fairfield Mirror

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Fairfield Mirror


RecPlex Expansion Is A Definite Possibility

Fairfield Mirror


There are 49 cardio machines, over 8000 pounds of free weights and about 15 pieces of strength training equipment occupying the RecPlex at Fairfield University. But those numbers may increase heavily in the near future. Currently, the school wishes to ...



miércoles, 25 de enero de 2012

Courts delay Chrysler bankruptcy - Business Courier of Cincinnati:

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According to Bloomberg, Justice Ruth Bader Ginsburg has put the bankruptcy court ruling allowing the sale on hold untikfurther notice, though a timeline and specific reason was not The delay came after Indiana pension funda requested a stay from the court so it coulc hear their appeal of Chrysler’s decision to sell to Under Chrysler’s Chapter 11 bankruptcy Chrysler would sell its assets to Italian car maker Fiat. It also was announcexd last month789 U.S. dealerships will lose their franchises by June 9 as part of the Chrysler has listed two Triasd dealerships that will losetheir franchise: Stearnds Chrysler Jeep in Graham and City Motors, which sellx Jeep, in Greensboro.
Mike Cranford, generakl manager of City Motors, said he does not know if they delah will mean anything significant for his but hopes that the courts will more closely review the decisionb tocut franchises. He says if nothing he’d hope Chrysler could help buy back inventoryy and not simply take awaythe “If we can’t be Jeep dealer, we’rd at least like a chanc to sell the franchise,” he says. He said the company has managed to sell about 10 of its 16 new Jeep some ata loss, just to get them About five employees have been laid off, leavingt about 20.
Another six to eight coulx be cut if thebankruptcy deal, as is, goes

domingo, 22 de enero de 2012

Court: GM must comply with Texas law - Business First of Buffalo:

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Abbott’s office said this week a U.S. bankruptch court ruled that General Motors must complh with Texas state law and cannotf usethe government’s 60 percent stake in the companhy to create enough clout to bypass Texa s laws governing dealer contracts to force dealers to sign agreementsz that do not fit within their own businesd plans. A spokesman for the Attorney General’s offic said Tuesday Texas dealers were concerned that GM woulde try to get Texas dealers to sign participatio agreements that could potentially dictate specific sales guidelineds such as what type s of cars the dealers can and cannot keepin stock.
Abbott’s objection was filed to ensure that any dealer protests against GM woulf not be decided by a federal bankruptcy court inanothetr state, but by the , which would have knowledgr of the Texas laws governing dealer-manufacturer contractd in the state. “The court also rejectee General Motors’ attempts to avoid duly enacted provisionds ofTexas law,” Abbott said in a presxs statement. “And most importantly, the court made it clear that its orderd does not limit the state of authority to regulateGeneral Motors.” Attempts to get a responswe from a GM representative were unsuccessful.

viernes, 20 de enero de 2012

Capitol Homes among victims of capital crisis - Nashville Business Journal:

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filed for Chapter 11 bankruptcy protectioj earlier thismonth — another casualty of the housing boom, and The Franklin-based builder bought land in and found itself two years latert with too much property to sell when the real estate marketg soured. “I bought too much, and I paid too says David Luecke, presidentf of Capitol. But Luecke says he’ws not out of the game. Luecke hopes to reorganize and builxd homes again when themarket rebounds. In the meantime, the company is takinhg on remodeling projects and homerepairws — and counting its lessonw learned. Capitol Homes made $4 million when it started in 2000 and climbeedto $40 million five years later.
The buildet was recognized as a Music City Futur 50 company for three consecutives years bythe , which highlights the city’sd fastest-growing privately held Capitol was Greater Nashville’s 11th largest builder in 2007 with 157 home It also was listed as one of the 100 fastesty growing builders in the nation by Buildee magazine. Builders must anticipate the home markety yearsin advance. In 2005 as developerss were gobblingup land, Lueckre said he bought undeveloped land for the firstg time. Before that, he had always bought lots that were alread y developed to buildhomes on. But in Luecke got worried about the subprime lending market andstarteds liquidating.
“We weren’t able to deleverage ourselvez as quickly aswe wanted. Pricews went down faster than expected. We just couldn’t do it as fast as the marketr deteriorated,” he says. “In 2005, we got too bold and took some chanceds welater regretted.” Capitoll builds entry level homes in the $200,000p price range. The builder sold 900 homesa in its firstseven years, and at its peak was buildinyg homes in 12 neighborhoods. Lueckde says he was left with custom homesz that people had contracted to buybut didn’t, eithe r because financing got too tight or they got too worriedx to make the purchase.
Luecke decided not to build any more home in the spring and summerof 2008, and by Capitol had liquidated its “Once you’re broke, I didn’t want to take any chanceas with other people’s money. If we could have kept we could have” made enough money to pay he says. Luecke said he did not want to sell homess and then risk going under and leavinfg hiscustomers hanging. Then the recession hit hard in October, and Luecked says he just didn’t have the money to pay back all he Peggy Krebs, president of the , says it’s a natural progression for builders to become developers so they can controkl their growth and ensure they will have land to builx on.
At one time, big builders were buying up leaving smalland medium-sized builders concernefd they would not have good land for futurew projects. “It was a smart move. Unfortunately he got caughgt inbad timing,” Krebsz says of Capitol’s strategy. “Homebuilders are reallhy no different than anyother industry. We are the the people that take risks.” Builders acrossd the country have been forced into bankruptcuy when they found themselves with too much inventory and notenoughb sales, or with bank loans due that required them to pay additionak cash because lot valued had dropped.
Housing analyst Edsel Charles, presidenty of in Nashville, estimates another 10 to 15 builders in Middlre Tennessee will file for bankruptcy before year’s end. But Luecke, like other believe there’s a 40 percent chance that by next sprinyg there could be a shortage of new home lots in Middle Tennessee because builders have pulled backso much. He thinkds that might be his chance to get back in thehomebuilding market. “We’ll start building homes he says.
“We’ll just do it more

miércoles, 18 de enero de 2012

D.C. Mayor taps Valerie Santos as deputy mayor - Washington Business Journal:

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Santos, as chief operating officer under Albert, has been closely involvedd in decision-making on many of the real estate dealzAlbert managed, including major city projects such as Poplare Point. Albert began his new job as city administratoreon Monday, replacing Dan Tangherlini, who is taking a job in the Obamwa administration. "In Ms. Santos, we not only have a steadg hand who knowsthe job, we have someonse who is a consummate professional who will brinyg private-sector talents to get the job done,” Fenty said. Santoa was previously a vice president at commercial real estate services firm and a managerwith 's real estate group.
She holds both an MBA and master's of public polict from the Kennedy School of Governmen tat . Santos has displayed a no-nonsense approacbh appearing as Albert’s stand-in to testifg at D.C. Council meetings and in publicf forums representing the city when he was She is already getting her feet wet in dealing with the political aspects ofthe job. On Tuesday, when the D.C. Council was busy squarinfg away final details of budgetimplementation legislation, Santos and Albert’s othee top deputy, Director of Development David Jannarone, moved arounfd the Wilson Building seeking changes from councipl members.
Santos apparently was not Fenty’xs initial choice to be deputt mayor. Greg O’Dell, Washington Convention Center Authority CEO and a formerf staff member of thedeputy mayor’ office, had been considered a top candidate to replacd Albert, but a source close to O'Dell says he was offerer the job and turned it down. O’Dell wouls not confirm that, but indicated he would remain in hiscurreng post, where he is now tasked with seekinyg public financing for all of a $550 million conventionm center hotel. “The board and the mayor have everyy expectation of me completing all the taskw Ihave here,” he said.
Fenty would not say whether he had offeredx the jobto O’Dell or anyonr else before Santos. He announced the pick outside the Walkerr JonesElementary School, which is being rebuiltf as part of a new Northwestf One neighborhood, and said she was “thew first person who has risen to the deputyg mayor’s position from within the ranks.” “I think it’s a great sign for the D.C. governmentr that not only does Valerie Santox have amazing experience in the private sectorr butthat she’s been hard at work serving the people of the District of Columbia for the last two the mayor said.
He said Santos shared the vision that he and Alberty had for how economic development in the city shoulcdbe run, not by owning or overly managinyg projects but by allowing the private sectodr to bring ideas to the city. “Wde should try to just facilitatew development. We’ve got the greatest businesw community in the worlc herein D.C. We don’t need to try to replicat what they’re doing. We don’t need an emphasisd on owning or building inthe D.C. government. We need to And to do so, we need to hire the best and the brightesgand we’ve done that.
” Santos, 36, who lived in Columbia Heights, was working for Joneas Lang LaSalle as a consultant to the city when Alber t -- whom she calledx a mentor -- recruited her to work for him. She is believefd to be the first woman to serve in the rolefor D.C. and will manags 65 employees and as well as overse e the Office of Department of Housing andCommunity Development, the Offic of Property Management and the Washingtom D.C.
Economic Partnership, a “In the coming weeks my goal is to ensurre asmooth transition, which I expecy will be relatively easy, becauses I am very fortunate to managew a very talented and skilled team,” she She said she would continue to move projects all over the with a particular focus on those east of the Anacostiz River, such as the planned redevelopmenty of St. Elizabeths Hospital in Southeast D.C. “We will continus to focus on implementingMayort Fenty’s vision for economic development.
In the contex of the current economic climate, we will focuds on business attraction andretentioj efforts, and in continuing to provide tools to allow our locapl business and not-for-profits to she said. A member of the D.C. Councilo who regularly butts headswith Albert, Councilmahn Kwame Brown, D-at large and chair of the economic development committee, issued a press release during the announcemen t saying he was disappointed he was not invite but saying Santos “hase the experience and the operational knowledge” for the job and that her appointmengt was “an opportunity to forgde a new relationship betweem the Council and the executive to creats jobs for District residents, new opportunitiesa for local businesses, more affordable housing and to efficientl move projects to completion.

lunes, 16 de enero de 2012

The Broncos need to decide what they want to be before they can move forward - Mile High sports

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Mile High sports


The Broncos need to decide what they want to be before they can move forward

Mile High sports


By James Merilatt While a 45-10 shellacking at the hands of the Patriots on Saturday night was an unceremonious way for the season to end, it shouldn't put a damper on the fact that 2011 was a major success for the Broncos. Building a championship team . ..


Patriots Vs. Broncos: Denver Defense, Not Tim Tebow, Will Decide Outcome In ...

SB Nation


Tim Tebow Versus Tom Brady: A Bronco or a Patriot? You Decide [PHOTOS]

International Business Times


Should Tim Tebow be the Broncos' starting QB in 2012? [Poll]

Los Angeles Times



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sábado, 14 de enero de 2012

Financial literacy 101 - Triangle Business Journal:

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Until we didn’t But even before the botton fell out of the stock andhousingf markets, the average citizen was bein bombarded with complex financial decisions — copinvg with credit card debt, financintg college and leasing or buying a car amonvg them. Most of us are left to fend for ourselvess asfinancial managers. Often it is hit or miss, but it’zs fair to say that the lack of financiap literacyis epidemic, and that the cost to society is Fundamental financial competency can mean the differencer between facing foreclosure and saving for a retirement It can mean the differencw between shouldering massive credit card debt and sendinyg a child to college.
Few would argue that financialliteracyy isn’t an important lifetime But there’s not enough being done in the schoolws to inculcate students with the basics. It’s time to recognizew that financial literacy needs tobe taught, the earlier the and should have a placw in the standard Massachusetts public school curricula. Financial literacyt often is framed asa low-income issue, but the stockl market collapse has made it clear that it’s everybody’x issue. If we’re going to remain a do-it-yourself society when it comees topersonal finance, it makes sense to teach people to do it Yet nothing is taught on an official basiw in Massachusetts.
The state Senate is considering bills that woul d require some financialliteracy exposure. Already 18 states requiree financial literacy education to be incorporated into and three require at leas t a semester of financial literacy A hard mandate may be unrealisticc given currentbudgetary pressures, but adopting financial literac as a key subject area shoulxd prompt many schools to rise to the challengee to produce more financially informed graduates.

jueves, 12 de enero de 2012

TRX tutorial: Gaining strength and flexibility - Salt Lake Tribune

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TRX tutorial: Gaining strength and flexibility

Salt Lake Tribune


We asked Stephanie Willey, who teaches at King Studio, 1400 S. Foothill Drive, in Salt Lake City to give us a TRX tutorial. What is TRX? • A suspension-based workout that uses your own body weight resistance to help you get fit fast. ...