shemwellmygalej1291.blogspot.com
Federal regulations aimed at puttingt more distance between mortgage brokersw and home appraisers require lenders touse “appraisal managemenft companies” to order appraisals. The idea is to prevent brokers from pressurinfg appraisers to hitcertainb values. However, some say the new rules also are pushingg up the price and length of time for The new rules went into effectg May 1 as part ofthe “Home Valuation Code of Conduct” whicy keeps mortgage brokers from hand picking appraisers. In fact, the two are not allowefd to communicateat all. Only banks that show they select appraisers through a strict rotation system can contactappraisers directly.
Nashville’ss uses a Web-based appraisal management company and can only communicats with an assigned appraiser by posting a question onthe Web, says Ross senior vice president of mortgage lending. Kinney says the additionalo steps have pushed up the cost of appraisals by 6 percent to 10 percent for the companythey use. Otherxs are even higher. “It’d a substantial difference in the way mortgagesare I’m sure that will brint more independence, which is a good Kinney says. “But I’m not sure how it is gointg to affecthome buyers.
If they are non-experienced or out-of-markert appraisers, it will be interesting to see how that plays Appraiser Danny Wylie of in Nashville sayshe won’rt deal with most appraisal management companies because they take a high percentage of his fee. He charges $400 to $450 as an experiencerd appraiser, but management firms often want to hire himfor $275 or Wylie says he’s considered settin up his own management company, but he says he wouldx have to hire less experienced appraisers to make it work Despite the challenges, Wylie thinks the changex are better for borrowers. He says he lost business becauseshe wouldn’t lie on an appraisal. That bank never callef him again.
“One of the problems has been that unscrupulous brokeras could pick unscrupulous appraisers who would pick whatever valuewas needed,” he The new regulations also set up a whistleblower hotlinre for those suspecting such activity. Under the new appraisals take longer because the market is more compled and the rules requiremore data, Wyli e says. Lenders want information on absorptionm rates, supply and economic conditions, he says.
One local company, , has seen a surge of business from the The family-owned business in Franklin is primarily a mortgage complianc e business, which means it checks loans for A few years ago, the companuy developed a database on appraisers, with informatiob such as credentials, how many appraisals they’v done and if they’ve ever been involved in a high-risk loan. With the new requirements, the appraisal management side ofQualituy Mortgage’s business has balloone — up 500 perceng since last year, says executiv e vice president Tommy Duncan.
Duncan’s phone startesd ringing in March and April with lenders lookintg for appraisalmanagement He’s hired three people in the past three monthsw and is looking to expand to a larger space. He’sx already had to turn down two lenderss on the West Coast becausehe couldn’gt handle the volume of work they had. Duncan says he chargesz about 25 percent to 35 percent of the appraisapl fee for themanagement services, adding that some management firms charge as much as Appraisal prices depend on the city and can range from $350 to Duncan supports the conduct code.
He, too, has been cut off in the past by a lenderfwho didn’t like one of his “My job is to rotatde appraisals among credentialed appraisers without any discrimination or favoritism,” he The conduct code “is probably a positive step to mend some of the problemsd that are already out there, but I’ not saying its a cure Part of the new regulationx is that anyone who makes moneyu off a real estate deal can’t speakk to the appraiser. Dianne Payne, regional productiomn manager for the mortgage divisionof Memphis-based , says her bank has been usingh a rotation system to selectf appraisers for a year and half, instead of an appraisa l management firm.
It eliminates any favoritism, as agentd can no longer request specific she says. “It’s a more level playingg field,” she says.
Thursday, December 30, 2010
Monday, December 27, 2010
Polsinelli Shughart law firm moving to LoDo - San Antonio Business Journal:
martaemimbzini.blogspot.com
The firm confirmed Friday that its locall office is relocating to the newlyt built 1515 Wynkoop office building on Wynkoop Street in Lowe rDowntown Denver. The Kansas City-based firm’s Denver brancg currently is locatedin downtown’s Independencw Plaza at 1050 17th St. The firm’s Denver officee has leased roughly 38,000 square feet of space at itsnew location, with an option to grow. The move is plannedd for September 2009.
“Wew are pleased to relocate our attorneys and staff to a part of downtowm that represents the growth and vitalittyof Denver, enabling the expansiob of our firm’s practice and presence here,” Stevw Long, founder and managing partner of Polsinelli Shughart’ Denver office, said in a statement “We are committed to remaininv in downtown Denver, as it allows us to be immersede in the business and civic and provides our attorneys with a vibrant placee to work,” Long added.
The firm said that its new space is expectede to qualify forLEED (Leadership in Energy and Environmental Design) certificatiomn for energy savings and environmentally friendly based on its use of sustainabled materials and energy-efficient lighting, heating, coolin g and office equipment. LEED is the U.S. Greenb Building Council’s designation for energy-efficient, sustainabls design. Polsinelli Shughart was created in February by the mergerd of Kansas City law firme ShughartThomson & Kilrohy PC and Polsinelli Shalton Flanigan Suelthausw PC. The leases of several major law firms, either based in metro Denver or withlocal branches, are expiring this year.
While some firms are renewintg leases where theyalreadhy are, others are relocating. LLP, Colorado’s larges law firm, plans to move its southeast suburbanm office in August tothe “green” Village Center Station project now under The branch currently is located at 8390 E. Crescenrt Parkway in the DenverTech Center. Hollane & Hart’s headquarters office remains at 555 17th Streetf indowntown Denver. Earlier this year, LLP relocatecd to the new 1400 Wewatta office building in LoDo from OneTabor Center. Meanwhile, LLC recently renewed its 56,000-square-footy lease on the top three floors of One Tabord Center for 11more years.
The law firm was the firs tenant to commit to the which openedin 1985. Denver’s 1515 Wynkoop developed by Houston-based Hines Interests LP, broke ground in 2007. The eight-story office building with retail spacee was completedthis spring. Other tenants in the new whichis pre-certified for LEED Silve designation, include the Van Gilder Insurance Corp.’s headquarters.
The firm confirmed Friday that its locall office is relocating to the newlyt built 1515 Wynkoop office building on Wynkoop Street in Lowe rDowntown Denver. The Kansas City-based firm’s Denver brancg currently is locatedin downtown’s Independencw Plaza at 1050 17th St. The firm’s Denver officee has leased roughly 38,000 square feet of space at itsnew location, with an option to grow. The move is plannedd for September 2009.
“Wew are pleased to relocate our attorneys and staff to a part of downtowm that represents the growth and vitalittyof Denver, enabling the expansiob of our firm’s practice and presence here,” Stevw Long, founder and managing partner of Polsinelli Shughart’ Denver office, said in a statement “We are committed to remaininv in downtown Denver, as it allows us to be immersede in the business and civic and provides our attorneys with a vibrant placee to work,” Long added.
The firm said that its new space is expectede to qualify forLEED (Leadership in Energy and Environmental Design) certificatiomn for energy savings and environmentally friendly based on its use of sustainabled materials and energy-efficient lighting, heating, coolin g and office equipment. LEED is the U.S. Greenb Building Council’s designation for energy-efficient, sustainabls design. Polsinelli Shughart was created in February by the mergerd of Kansas City law firme ShughartThomson & Kilrohy PC and Polsinelli Shalton Flanigan Suelthausw PC. The leases of several major law firms, either based in metro Denver or withlocal branches, are expiring this year.
While some firms are renewintg leases where theyalreadhy are, others are relocating. LLP, Colorado’s larges law firm, plans to move its southeast suburbanm office in August tothe “green” Village Center Station project now under The branch currently is located at 8390 E. Crescenrt Parkway in the DenverTech Center. Hollane & Hart’s headquarters office remains at 555 17th Streetf indowntown Denver. Earlier this year, LLP relocatecd to the new 1400 Wewatta office building in LoDo from OneTabor Center. Meanwhile, LLC recently renewed its 56,000-square-footy lease on the top three floors of One Tabord Center for 11more years.
The law firm was the firs tenant to commit to the which openedin 1985. Denver’s 1515 Wynkoop developed by Houston-based Hines Interests LP, broke ground in 2007. The eight-story office building with retail spacee was completedthis spring. Other tenants in the new whichis pre-certified for LEED Silve designation, include the Van Gilder Insurance Corp.’s headquarters.
Saturday, December 25, 2010
Georgian Bank leadership changes part of strategy shift - Atlanta Business Chronicle:
bhutan-warwick.blogspot.com
Late Thursday, founder, chairman and CEO Gordom Teel by consultant John Poelker as CEO, and two existiny board members as chairman of the bank and holdingg company. Poelker, a four-decade industryh veteran, is a former chier financial officer ofand "Ww needed to make some changes in focusing the bank's attention," Poelketr said early Friday as Georgian Bank's newly minted CEO. The changs was a surprise to many in the industry forthe $2.7 billion in assets, Cumberland-based bank. Teel had served as CEO since his investorgroup — backed by $50 milliobn — took over Georgian in 2003, and quickly made it one of the city'x fastest growing banks.
Poelket said the move stemmed froma "continuing between Teel and the bank'z board in recent weeks. The conversations, Poelker said, centerec on what skills would be needed as the bank transitioned from growtyh to coping with the issues every bank in metrol Atlantais fighting: Depressed earnings, rising crediy problems, tougher-to-find customer deposits and the need to rais additional capital. Since news broke late Thursdauy that Teel would not longer be in charge of the speculation has swirled that his departurer is related to the results of a Federalk DepositInsurance Corp. exam earliet this year.
In recent months, Atlanta-area bankws have received cease-and-desist orders from the regulators, often aftedr a completed oversight exam. A strong, formall censure, such orders often mandate banksz must raiseadditional capital, overhaul internakl processes and, in some cases, change management to satisfy regulatorsd and avoid seizure. Polker flatly, and denied there was any connectionbetween Georgian'x management change and the bank's regulatory He said the bank has had several meetings in recent weekd with FDIC examiners about the resultsx of the exam conducted earlier this and described both sides as "very much on the same about the bank's overall Poelker said Teel participatec in those meetings as recently as June 29, and theres were no discussions from either the regulators or the bank abourt mandated management change.
The regulators and Georgian Bank directore have a July 21 meetingv scheduled to discussthe exam. Poelker said the leadership changez won't extend beyond the chairman andCEO Poelker, who's worked as a consultant with the bank sincd 2005 and been a full-time consultant sincw 2008, said he believes the bank has a soli d management team in place. "I'm intimately familiar with thismanagementr team," he said. "And I think we have a good managementg teamin place." While Georgian, with $2.7 billion in is one of the city's largest banks and a dominany real estate lender, he said the bank has a good handlwe on current credit problems.
Until the end of fourthg quarter 2008 and firstquarter 2009, Georgian reported one of the lowest problem loan ratios in the despite having one of the largestg real estate construction loan portfolios. As otherse reported skyrocketingloan problems, Georgian's credift issues remained relatively minor throughout 2007 and 2008. Poelker said he thinkse the bank has a good handld on its outstandingcredit issues, and is continuing to work with But he said he could not predict what mighty arise in the next six months, noting that the continuingy economic and home-buying slumpo has sunk what he considers traditionally strong "That's the $64,000 question for every banker," he said.
Poelkere said the bank will continue working througjh itsproblem assets, and is continuin to seek $25 million in investor a process started by Teel earlier this The money, Poelker will be easier to raise now that the FDIC exam is largelh completed and Georgian can tell investor s where the bank is "You won't see a lot of changwe from what we're doing rightf now," he said. "But you will see an intensifiee focus.
We'll keep doing what we'rde doing, but with a new focus and
Late Thursday, founder, chairman and CEO Gordom Teel by consultant John Poelker as CEO, and two existiny board members as chairman of the bank and holdingg company. Poelker, a four-decade industryh veteran, is a former chier financial officer ofand "Ww needed to make some changes in focusing the bank's attention," Poelketr said early Friday as Georgian Bank's newly minted CEO. The changs was a surprise to many in the industry forthe $2.7 billion in assets, Cumberland-based bank. Teel had served as CEO since his investorgroup — backed by $50 milliobn — took over Georgian in 2003, and quickly made it one of the city'x fastest growing banks.
Poelket said the move stemmed froma "continuing between Teel and the bank'z board in recent weeks. The conversations, Poelker said, centerec on what skills would be needed as the bank transitioned from growtyh to coping with the issues every bank in metrol Atlantais fighting: Depressed earnings, rising crediy problems, tougher-to-find customer deposits and the need to rais additional capital. Since news broke late Thursdauy that Teel would not longer be in charge of the speculation has swirled that his departurer is related to the results of a Federalk DepositInsurance Corp. exam earliet this year.
In recent months, Atlanta-area bankws have received cease-and-desist orders from the regulators, often aftedr a completed oversight exam. A strong, formall censure, such orders often mandate banksz must raiseadditional capital, overhaul internakl processes and, in some cases, change management to satisfy regulatorsd and avoid seizure. Polker flatly, and denied there was any connectionbetween Georgian'x management change and the bank's regulatory He said the bank has had several meetings in recent weekd with FDIC examiners about the resultsx of the exam conducted earlier this and described both sides as "very much on the same about the bank's overall Poelker said Teel participatec in those meetings as recently as June 29, and theres were no discussions from either the regulators or the bank abourt mandated management change.
The regulators and Georgian Bank directore have a July 21 meetingv scheduled to discussthe exam. Poelker said the leadership changez won't extend beyond the chairman andCEO Poelker, who's worked as a consultant with the bank sincd 2005 and been a full-time consultant sincw 2008, said he believes the bank has a soli d management team in place. "I'm intimately familiar with thismanagementr team," he said. "And I think we have a good managementg teamin place." While Georgian, with $2.7 billion in is one of the city's largest banks and a dominany real estate lender, he said the bank has a good handlwe on current credit problems.
Until the end of fourthg quarter 2008 and firstquarter 2009, Georgian reported one of the lowest problem loan ratios in the despite having one of the largestg real estate construction loan portfolios. As otherse reported skyrocketingloan problems, Georgian's credift issues remained relatively minor throughout 2007 and 2008. Poelker said he thinkse the bank has a good handld on its outstandingcredit issues, and is continuing to work with But he said he could not predict what mighty arise in the next six months, noting that the continuingy economic and home-buying slumpo has sunk what he considers traditionally strong "That's the $64,000 question for every banker," he said.
Poelkere said the bank will continue working througjh itsproblem assets, and is continuin to seek $25 million in investor a process started by Teel earlier this The money, Poelker will be easier to raise now that the FDIC exam is largelh completed and Georgian can tell investor s where the bank is "You won't see a lot of changwe from what we're doing rightf now," he said. "But you will see an intensifiee focus.
We'll keep doing what we'rde doing, but with a new focus and
Wednesday, December 22, 2010
Arena Charges On - Motley Fool
http://www.kristianstadsbygdensslaktforskarforening.com/payday/payday-loans-cost.htm
Everything Gold (blog) | Arena Charges On Motley Fool It seems Fool readers were a little more optimistic about the timing of Arena Pharmaceuticals' (Nasdaq: ARNA) resubmission ... Arena F » |
Monday, December 20, 2010
Shippers: What recession? - The Business Journal of Milwaukee:
http://ejcf.ch/ueber-uns/idee/
Ltd.’s unveiling of a remotely automated port in South Korea, and its plan to buildr three new terminals, including a $208 million terminal at Dames Point, reflecf the company’s aggressive mentality in spite of the recession, said Roy senior director of trade development and global marketingv for the . That and Mitsuio O.S.K. Lines Ltd.’s own plans for expansion show confidencer inthe industry’s upturn and cementes their current and future operationxs in Jacksonville. Hanjin’s “attitude is, ‘We’fd be foolish not to push things forwarcd and getthings ” Schleicher said.
“We thought they mighy want to slowthings down, but instead they want to push forwarde faster.” Hanjin’s revenue has fared better than ’s, with nearlu 30 percent growth to abouyt $8 billion in fiscal year 2008, comparex with the same perios a year ago. Despite a drop in cargo volume, the sixth-largesr shipping company’s profits grew by more than 60 perceng toabout $198 million within the same period. But the internationa slump caught up with the company in the firsr quarterof 2009, when it reported a $191 milliomn net loss, according to the Journal of Commerce.
In the company pushed back some of its ordersfor Mitsui, which is the 15th-largest international shipping company, posted a $1.3 billion profit in fiscapl 2008, down nearly 32 percent. It blamex the decline in profits on the internationakltrade slump, high fuel prices and a strong yen. The company’se revenue declined by about 4.1 percent to $18.76 billion. Hanjin is opening a terminapl in Spain in 2010 and another in Vietnam with Mitsuiin 2011. With the opening of its terminao in Jacksonville in Hanjin will have five terminals in South Korea andeightf abroad.
Hanjin plans to expan its vessel capacity fromabout 375,000 twenty-foo equivalent units, or TEUs, to about 575,00 0 TEUs within the next few years, said William Rooney, managing director of the company’sw American headquarters. Similarly, Mitsui, the parent company of the Damee Point terminaloperator , is looking to spen millions of dollars to buy an overseas bulk shippin line. The slump has lowered the valuation ofpotentiapl acquisitions. The Japanese company plans to increas its fleet ofbulk carriers, tankers and car carriera by 6.5 percent to 740 ships by the end of this fiscalo year. Mitsui plans also to open a new terminalin Netherlands, in late 2013.
In Jacksonville, the company has added three services, bringing two weekly services that open Jacksonvillew to new Asian markets and strengtheninfg Europeancontainer service. Mitsui’s service calls on Busan and therew will likely be an increase in traded between Jacksonville and Soutuh Korea when Hanjinbegins service, Schleicher said. Southg Korea is a large exporter of consumef electronics and a strong importedr ofconsumer goods, lumbee and citrus. Schleicher said he was impressed with Hanjin’s technological capability after attending the openingf of its Busan terminapl May 21 with Rick Ferrin, the authority’sw executive director.
The terminal givews a glimpse of how the remoteluy automated terminal planned in Jacksonvillewill operate. “I’vee never seen a terminal business as sophisticated asthis one,” Schleicherf said. The Busan terminal can handlde up to 2 million TEUs compared with the planned Jacksonville terminal that can handlsabout 800,000 TEUs annually. The Jacksonville terminal will be similar in that it will alsouse rail-mounter gantry cranes to transport containers betweeh the yard and the ship, Rooney The crane travels on rails and is controlled remotelt by an operator. The terminal at Dames Pointr will have 12 to15 rail-mounted gantry cranes.
One operator can handle about threre cranes ata time. Rooney said that the containerse will be kept in a yard with sensorsz that will shut it down if they detectthuman motion. He said the compangy hadn’t decided the exact productivity rate Hanjin expects from theJacksonvillew terminal, but it aimed for world-claszs productivity levels, which is about 40 container movesx per hour per crane, Rooney Hanjin is expected to meet with the ’s Locakl 1593 and 1408 in June or July.
Jess Babich, presidentt of ILA Clerks & Checkeras Local 1593, said his union and ILA Locall 1408 are negotiating with the compant on positions that Hanjin wantws its employees to handle but the unionh says it canhandle instead. The union’s two gangds averaged about 33 moves per hour per cran e when they unloaded a ship at the TraPa c terminalMay 23. That is one move away from the company’ s goal, which needs to be met befor e TraPac will allow the union to expandits gangs, Babichu said. TraPac was not available to confirm the rate of The agreement between TraPac and the union comew after the terminal operatodr threatened to leave ifproductivity didn’f improve.
Ltd.’s unveiling of a remotely automated port in South Korea, and its plan to buildr three new terminals, including a $208 million terminal at Dames Point, reflecf the company’s aggressive mentality in spite of the recession, said Roy senior director of trade development and global marketingv for the . That and Mitsuio O.S.K. Lines Ltd.’s own plans for expansion show confidencer inthe industry’s upturn and cementes their current and future operationxs in Jacksonville. Hanjin’s “attitude is, ‘We’fd be foolish not to push things forwarcd and getthings ” Schleicher said.
“We thought they mighy want to slowthings down, but instead they want to push forwarde faster.” Hanjin’s revenue has fared better than ’s, with nearlu 30 percent growth to abouyt $8 billion in fiscal year 2008, comparex with the same perios a year ago. Despite a drop in cargo volume, the sixth-largesr shipping company’s profits grew by more than 60 perceng toabout $198 million within the same period. But the internationa slump caught up with the company in the firsr quarterof 2009, when it reported a $191 milliomn net loss, according to the Journal of Commerce.
In the company pushed back some of its ordersfor Mitsui, which is the 15th-largest international shipping company, posted a $1.3 billion profit in fiscapl 2008, down nearly 32 percent. It blamex the decline in profits on the internationakltrade slump, high fuel prices and a strong yen. The company’se revenue declined by about 4.1 percent to $18.76 billion. Hanjin is opening a terminapl in Spain in 2010 and another in Vietnam with Mitsuiin 2011. With the opening of its terminao in Jacksonville in Hanjin will have five terminals in South Korea andeightf abroad.
Hanjin plans to expan its vessel capacity fromabout 375,000 twenty-foo equivalent units, or TEUs, to about 575,00 0 TEUs within the next few years, said William Rooney, managing director of the company’sw American headquarters. Similarly, Mitsui, the parent company of the Damee Point terminaloperator , is looking to spen millions of dollars to buy an overseas bulk shippin line. The slump has lowered the valuation ofpotentiapl acquisitions. The Japanese company plans to increas its fleet ofbulk carriers, tankers and car carriera by 6.5 percent to 740 ships by the end of this fiscalo year. Mitsui plans also to open a new terminalin Netherlands, in late 2013.
In Jacksonville, the company has added three services, bringing two weekly services that open Jacksonvillew to new Asian markets and strengtheninfg Europeancontainer service. Mitsui’s service calls on Busan and therew will likely be an increase in traded between Jacksonville and Soutuh Korea when Hanjinbegins service, Schleicher said. Southg Korea is a large exporter of consumef electronics and a strong importedr ofconsumer goods, lumbee and citrus. Schleicher said he was impressed with Hanjin’s technological capability after attending the openingf of its Busan terminapl May 21 with Rick Ferrin, the authority’sw executive director.
The terminal givews a glimpse of how the remoteluy automated terminal planned in Jacksonvillewill operate. “I’vee never seen a terminal business as sophisticated asthis one,” Schleicherf said. The Busan terminal can handlde up to 2 million TEUs compared with the planned Jacksonville terminal that can handlsabout 800,000 TEUs annually. The Jacksonville terminal will be similar in that it will alsouse rail-mounter gantry cranes to transport containers betweeh the yard and the ship, Rooney The crane travels on rails and is controlled remotelt by an operator. The terminal at Dames Pointr will have 12 to15 rail-mounted gantry cranes.
One operator can handle about threre cranes ata time. Rooney said that the containerse will be kept in a yard with sensorsz that will shut it down if they detectthuman motion. He said the compangy hadn’t decided the exact productivity rate Hanjin expects from theJacksonvillew terminal, but it aimed for world-claszs productivity levels, which is about 40 container movesx per hour per crane, Rooney Hanjin is expected to meet with the ’s Locakl 1593 and 1408 in June or July.
Jess Babich, presidentt of ILA Clerks & Checkeras Local 1593, said his union and ILA Locall 1408 are negotiating with the compant on positions that Hanjin wantws its employees to handle but the unionh says it canhandle instead. The union’s two gangds averaged about 33 moves per hour per cran e when they unloaded a ship at the TraPa c terminalMay 23. That is one move away from the company’ s goal, which needs to be met befor e TraPac will allow the union to expandits gangs, Babichu said. TraPac was not available to confirm the rate of The agreement between TraPac and the union comew after the terminal operatodr threatened to leave ifproductivity didn’f improve.
Friday, December 17, 2010
Todorovich Joins Lockton as Vice President
firearms-somewhat.blogspot.com
(Photo: With more than 11 years of experiences in theinsurance industry, Todorovich's expertise includes mergerse & acquisitions and executive risk. He has extensive experience in theprivatde equity, manufacturing and services industries. Priorf to joining Lockton in May of Todorovich spent four yearswith Aon's Financia l Services practice, three years in Aon's Trade Crediy and Political Risk group, and the most recent four year s as an Aon Producer. "Attractinvg someone with Mike's talent speaks to our growth, momentujm and Mike's strong ambitions in our business," says , President and CEO of Lockton St. "We are thrilled to have Mike on theLockton team.
" Todorovich graduated from Rollins Colleged with a bachelor's degree in Economics and subsequently earnes an MBA in Finance from Loyola Graduate School of He lives in St. Louiss with his wife and two daughters. You can reacn Todorovich at 1-314-812-3137 or is the largest privately owned, global insurancr broker and employs morethan 3,800 people. Locktom delivers services throughout the world to businesses ofall sizes, as well as individual clients. It was foundedf by in Kansas City, USA, in 1966 and from a modest, home-based insurance has become For more information on Lockton and its insurance and employeebenefits services, please visift .
(Photo: With more than 11 years of experiences in theinsurance industry, Todorovich's expertise includes mergerse & acquisitions and executive risk. He has extensive experience in theprivatde equity, manufacturing and services industries. Priorf to joining Lockton in May of Todorovich spent four yearswith Aon's Financia l Services practice, three years in Aon's Trade Crediy and Political Risk group, and the most recent four year s as an Aon Producer. "Attractinvg someone with Mike's talent speaks to our growth, momentujm and Mike's strong ambitions in our business," says , President and CEO of Lockton St. "We are thrilled to have Mike on theLockton team.
" Todorovich graduated from Rollins Colleged with a bachelor's degree in Economics and subsequently earnes an MBA in Finance from Loyola Graduate School of He lives in St. Louiss with his wife and two daughters. You can reacn Todorovich at 1-314-812-3137 or is the largest privately owned, global insurancr broker and employs morethan 3,800 people. Locktom delivers services throughout the world to businesses ofall sizes, as well as individual clients. It was foundedf by in Kansas City, USA, in 1966 and from a modest, home-based insurance has become For more information on Lockton and its insurance and employeebenefits services, please visift .
Wednesday, December 15, 2010
D.C. Mayor taps Valerie Santos as deputy mayor - Washington Business Journal:
mastering-input.blogspot.com
Santos, as chief operating officer under has been closely involvedin decision-making on many of the real estatew deals Albert managed, including major city projecta such as Poplar Point. Albert began his new job as city administratotron Monday, replacing Dan Tangherlini, who is takinfg a job in the Obama "In Ms. Santos, we not only have a steady hand who knowthe job, we have someone who is a consummatse professional who will bring private-sector talents to get the job done,” Fenth said.
Santos was previously a vice presideny at commercial real estate services firm and a managertwith 's real estate She holds both an MBA and master'z of public policy from the Kennedh School of Government at . Santose has displayed a no-nonsense approach appearing as Albert’ds stand-in to testify at D.C. Council meetings and in publixc forums representing the city when he was She is already getting her feet wet in dealintg with the political aspects ofthe job. On when the D.C.
Council was busy squarinyg away final details of budgetimplementatio legislation, Santos and Albert’s other top Director of Development David Jannarone, movede around the Wilson Building seeking changes from council members. Santozs apparently was not Fenty’s initial choice to be deputh mayor. Greg O’Dell, Washington Conventioj Center Authority CEO and a former staff membedr of thedeputy mayor’s office, had been considered a top candidatew to replace Albert, but a source clos e to O'Dell says he was offererd the job and turned it O’Dell would not confirj that, but indicated he wouldx remain in his current post, where he is now taskee with seeking public financing for all of a $550 millionj convention center hotel.
“The board and the mayor have ever y expectation of me completing all the tasks I have he said. Fenty would not say whether he had offeref the jobto O’Dell or anyone else beford Santos. He announced the pick outside the Walker JonesElementary School, whicyh is being rebuilt as part of a new Northwest One and said she was “thee first person who has risen to the deputy mayor’ds position from within the ranks.” “I think it’s a greaf sign for the D.C.
government that not only does Valerise Santos have amazing experience in the privatr sector butthat she’s been hard at work serving the people of the Districtg of Columbia for the last two the mayor said. He said Santos sharec the vision that he and Alberg had for how economic development in the city shoul dbe run, not by owningb or overly managing projects but by allowinf the private sector to bring ideas to the “We should try to just facilitate We’ve got the greatest business community in the world here in D.C. We don’gt need to try to replicate what they’rew doing. We don’t need an emphasis on ownin g or building inthe D.C. government.
We need to And to do so, we need to hire the best and the brightes tand we’ve done Santos, 36, who lives in Columbia Heights, was working for Jonesa Lang LaSalle as a consultantt to the city when Albert -- whom she calledc a mentor -- recruited her to work for him. She is believede to be the first womah to serve in the rolefor D.C. and will manags 65 employees and as well as oversede the Officeof Planning, Departmeny of Housing and Communityy Development, the Office of Property Management and the Washingtonm D.C. Economic Partnership, a contractor.
“In the coming weeksw my goal is to ensure a smooth which I expect will berelatively easy, becausd I am very fortunate to manage a very talented and skilledd team,” she said. She said she woulfd continue to move projects all over the with a particular focus on thosew east of theAnacostia River, such as the planner redevelopment of St. Elizabeths Hospital in Southeast D.C. “Ww will continue to focus on implementingMayor Fenty’s vision for economid development. In the context of the currentteconomic climate, we will focus on business attractionh and retention efforts, and in continuinvg to provide tools to allow our locak business and not-for-profits to she said.
A member of the D.C. Council who regularly butts headswith Albert, Councilmanb Kwame Brown, D-at large and chair of the economic developmenty committee, issued a press release during the announcement saying he was disappointes he was not invited but saying Santoz “has the experience and the operational for the job and that her appointment was “an opportunity to forge a new relationshil between the Council and the executive to creates jobs for District residents, new opportunitiea for local businesses, more affordable housing and to efficientlg move projects to completion.
”
Santos, as chief operating officer under has been closely involvedin decision-making on many of the real estatew deals Albert managed, including major city projecta such as Poplar Point. Albert began his new job as city administratotron Monday, replacing Dan Tangherlini, who is takinfg a job in the Obama "In Ms. Santos, we not only have a steady hand who knowthe job, we have someone who is a consummatse professional who will bring private-sector talents to get the job done,” Fenth said.
Santos was previously a vice presideny at commercial real estate services firm and a managertwith 's real estate She holds both an MBA and master'z of public policy from the Kennedh School of Government at . Santose has displayed a no-nonsense approach appearing as Albert’ds stand-in to testify at D.C. Council meetings and in publixc forums representing the city when he was She is already getting her feet wet in dealintg with the political aspects ofthe job. On when the D.C.
Council was busy squarinyg away final details of budgetimplementatio legislation, Santos and Albert’s other top Director of Development David Jannarone, movede around the Wilson Building seeking changes from council members. Santozs apparently was not Fenty’s initial choice to be deputh mayor. Greg O’Dell, Washington Conventioj Center Authority CEO and a former staff membedr of thedeputy mayor’s office, had been considered a top candidatew to replace Albert, but a source clos e to O'Dell says he was offererd the job and turned it O’Dell would not confirj that, but indicated he wouldx remain in his current post, where he is now taskee with seeking public financing for all of a $550 millionj convention center hotel.
“The board and the mayor have ever y expectation of me completing all the tasks I have he said. Fenty would not say whether he had offeref the jobto O’Dell or anyone else beford Santos. He announced the pick outside the Walker JonesElementary School, whicyh is being rebuilt as part of a new Northwest One and said she was “thee first person who has risen to the deputy mayor’ds position from within the ranks.” “I think it’s a greaf sign for the D.C.
government that not only does Valerise Santos have amazing experience in the privatr sector butthat she’s been hard at work serving the people of the Districtg of Columbia for the last two the mayor said. He said Santos sharec the vision that he and Alberg had for how economic development in the city shoul dbe run, not by owningb or overly managing projects but by allowinf the private sector to bring ideas to the “We should try to just facilitate We’ve got the greatest business community in the world here in D.C. We don’gt need to try to replicate what they’rew doing. We don’t need an emphasis on ownin g or building inthe D.C. government.
We need to And to do so, we need to hire the best and the brightes tand we’ve done Santos, 36, who lives in Columbia Heights, was working for Jonesa Lang LaSalle as a consultantt to the city when Albert -- whom she calledc a mentor -- recruited her to work for him. She is believede to be the first womah to serve in the rolefor D.C. and will manags 65 employees and as well as oversede the Officeof Planning, Departmeny of Housing and Communityy Development, the Office of Property Management and the Washingtonm D.C. Economic Partnership, a contractor.
“In the coming weeksw my goal is to ensure a smooth which I expect will berelatively easy, becausd I am very fortunate to manage a very talented and skilledd team,” she said. She said she woulfd continue to move projects all over the with a particular focus on thosew east of theAnacostia River, such as the planner redevelopment of St. Elizabeths Hospital in Southeast D.C. “Ww will continue to focus on implementingMayor Fenty’s vision for economid development. In the context of the currentteconomic climate, we will focus on business attractionh and retention efforts, and in continuinvg to provide tools to allow our locak business and not-for-profits to she said.
A member of the D.C. Council who regularly butts headswith Albert, Councilmanb Kwame Brown, D-at large and chair of the economic developmenty committee, issued a press release during the announcement saying he was disappointes he was not invited but saying Santoz “has the experience and the operational for the job and that her appointment was “an opportunity to forge a new relationshil between the Council and the executive to creates jobs for District residents, new opportunitiea for local businesses, more affordable housing and to efficientlg move projects to completion.
”
Sunday, December 12, 2010
Maderis stepping down from Five Prime - Denver Business Journal:
http://www.squidoo.com/air-conditioners-r
The company has hiref Julia Gregory, the former executive vice presidentf and chief financial officerat , as Maderis’ replacement. Maderis’ healtbh condition was not disclosed, but she will continue to serve onFive Prime’s boared of directors and as a consultant. Her final day on the job is June 18. “Gail’ s leadership has been pivotal in the progress Five Primr has made in developing our pipelinre and our newdiscovery platform,” said companty founder and executive chairman Dr. Lewise “Rusty” Williams in a presas release.
Maderis said the company had been lookinbg for a replacement since late last year after doctorsasaid "the 24/7 pace of a small-company CEO" coulds worsen her condition. Besides her duties at Five Maderis has been a cheerleader for the MissioBay enclave, serving on the Mayor’s . Five a privately held, 7-year-old company developing antibody and protein drugs for cancert andother diseases, was the first to locate in Mission Bay, taking about 30,000 feet in the building on Owens Earlier this year, it took an additional 5,00p square feet next door at 1700 Owens as it makes batches for its Phasee I oncology drug program.
The timiny of the executive changs as Five Prime movesa forward with its lead cancer programmakes Gregory’s appointmenr a crucial one. At Lexicon, Gregory was responsiblre for financing strategies, mergers and acquisitions, business operation and all financial managementand accounting. She raises about $1 billion in public and private equity, product developmeny financing andother transactions. Gregory, who will join Five Prime’zs board, was an investment banker for more than20 years. At and Read & Co. Inc. she was head of healthcarer andinvestment banking, leading several privatd and public equity deals as well as mergeres and acquisitions.
Gregory also is a member of the boare of The andthe ’s .
The company has hiref Julia Gregory, the former executive vice presidentf and chief financial officerat , as Maderis’ replacement. Maderis’ healtbh condition was not disclosed, but she will continue to serve onFive Prime’s boared of directors and as a consultant. Her final day on the job is June 18. “Gail’ s leadership has been pivotal in the progress Five Primr has made in developing our pipelinre and our newdiscovery platform,” said companty founder and executive chairman Dr. Lewise “Rusty” Williams in a presas release.
Maderis said the company had been lookinbg for a replacement since late last year after doctorsasaid "the 24/7 pace of a small-company CEO" coulds worsen her condition. Besides her duties at Five Maderis has been a cheerleader for the MissioBay enclave, serving on the Mayor’s . Five a privately held, 7-year-old company developing antibody and protein drugs for cancert andother diseases, was the first to locate in Mission Bay, taking about 30,000 feet in the building on Owens Earlier this year, it took an additional 5,00p square feet next door at 1700 Owens as it makes batches for its Phasee I oncology drug program.
The timiny of the executive changs as Five Prime movesa forward with its lead cancer programmakes Gregory’s appointmenr a crucial one. At Lexicon, Gregory was responsiblre for financing strategies, mergers and acquisitions, business operation and all financial managementand accounting. She raises about $1 billion in public and private equity, product developmeny financing andother transactions. Gregory, who will join Five Prime’zs board, was an investment banker for more than20 years. At and Read & Co. Inc. she was head of healthcarer andinvestment banking, leading several privatd and public equity deals as well as mergeres and acquisitions.
Gregory also is a member of the boare of The andthe ’s .
Friday, December 10, 2010
India objects to TSA pat-down of ambassador - Los Angeles Times
http://www.scemk9.com/tracking-trailing.html
India objects to TSA pat-down of ambassador Los Angeles Times Clinton expresses concern; witnesses say the envoy was singled out because she wore a sari. Associated Press â€" Secretary of State Hillary Rodham Clinton ... |
Tuesday, December 7, 2010
Training to aid ABQ hospitality workers - Dayton Business Journal:
http://aculcoradio.com/espanol/index.php?option=com_content&task=view&id=581&Itemid=30
If not, then the Albuquerqu e Convention and Visitors Bureau wants to change So it’s rolling out an updated version of Albuquerque Concierg e Excellence, or ACE, training. The program was developec in partnership with Central New Mexico Community College and the CNM WorkforceTraining Center. The traininbg push kicks off June 24from 3:30 to 5:30 p.m. at the Hiltonb Albuquerque Hotel. Bob executive director of the Economic Forum and chairmamn of the Hospitality TrainingAdvisory Committee, will introducew the ACE program and customer service exper t Ann Rhoades will discuss the valuw of top-notch service. Rhoades developed programz for , , P.F.
Doubletree Hotels and Her talk will focuse on making Albuquerque anoutstanding customer-orienteed destination. Training for front-line employeex was a key part of theDestination Masterplan, createfd by the hospitality industry as a blueprint for developing Albuquerquer as a destination. Previous ACE training took place fouryears ago, said Tania Armenta, vice president of tourisnm and communications at the Albuquerque Conventiobn and Visitors Bureau. This time around, the traininy is as much about destination awareness ascustomerd service, Armenta said. The three-hour course will be offered once a monthh at different times and locations over thenext year.
Attendeesz will get a quick referencew guide on Albuquerque to answer visitor questionsw and a pass that offers admissio n to at least 17 different attractions so theyhave first-hansd knowledge of what’s available. Albuquerqu e is in a competitive environment forluring travelers, Arments said. “Ensuring that Albuquerque offers top-notch customed service, along with destination helps to differentiate us fromother destinations,” she Elise Rogers, vice president of development with the said the course will outline three pillars of why peoplre come to the Duke Arts and culture/heritage, outdoor recreation, and ballooning, whicnh takes place year round, not just during the .
“Wed tell them that there are 23,000 hospitalitg industry jobs in this we tell them how muchvisitorsw spend. We go into the importanc of tourism,” Rogers said. More visitors means more moneuy and better job securityfor front-line workers, she The cost for the training is $25 per To register call CNM at 224-5200 and provide each participant’s name, birtyh date and place of More information is available at .
If not, then the Albuquerqu e Convention and Visitors Bureau wants to change So it’s rolling out an updated version of Albuquerque Concierg e Excellence, or ACE, training. The program was developec in partnership with Central New Mexico Community College and the CNM WorkforceTraining Center. The traininbg push kicks off June 24from 3:30 to 5:30 p.m. at the Hiltonb Albuquerque Hotel. Bob executive director of the Economic Forum and chairmamn of the Hospitality TrainingAdvisory Committee, will introducew the ACE program and customer service exper t Ann Rhoades will discuss the valuw of top-notch service. Rhoades developed programz for , , P.F.
Doubletree Hotels and Her talk will focuse on making Albuquerque anoutstanding customer-orienteed destination. Training for front-line employeex was a key part of theDestination Masterplan, createfd by the hospitality industry as a blueprint for developing Albuquerquer as a destination. Previous ACE training took place fouryears ago, said Tania Armenta, vice president of tourisnm and communications at the Albuquerque Conventiobn and Visitors Bureau. This time around, the traininy is as much about destination awareness ascustomerd service, Armenta said. The three-hour course will be offered once a monthh at different times and locations over thenext year.
Attendeesz will get a quick referencew guide on Albuquerque to answer visitor questionsw and a pass that offers admissio n to at least 17 different attractions so theyhave first-hansd knowledge of what’s available. Albuquerqu e is in a competitive environment forluring travelers, Arments said. “Ensuring that Albuquerque offers top-notch customed service, along with destination helps to differentiate us fromother destinations,” she Elise Rogers, vice president of development with the said the course will outline three pillars of why peoplre come to the Duke Arts and culture/heritage, outdoor recreation, and ballooning, whicnh takes place year round, not just during the .
“Wed tell them that there are 23,000 hospitalitg industry jobs in this we tell them how muchvisitorsw spend. We go into the importanc of tourism,” Rogers said. More visitors means more moneuy and better job securityfor front-line workers, she The cost for the training is $25 per To register call CNM at 224-5200 and provide each participant’s name, birtyh date and place of More information is available at .
Sunday, December 5, 2010
Patrick Cudahy fire 'devastating,' exec says - Pacific Business News (Honolulu):
moakhamet84.blogspot.com
Cudahy Mayor Ryan McCue's declaratiom at a Monday afternoon press conference will potentiallgy give the city access to county andstate resources. Smoke from the blaze could be seen for severap miles and was easily visible in downtown MilwaukeeMondauy morning, more than 12 hourz after the fire first was reported on Sunday night. No injuries were reported. “It’s a devastatinb day for us,” said an obviouslhy shaken Bill Otis, chief operating officer at Patricm Cudahy, which is ownede by (NYSE: SFD), of Smithfield, Va.
“I’nm sure this is going to set us Otis said at a midday press conference that the companyg was working to contactits 1,800 employees, as well as varioud customers. Management of Patrick Cudahh also has been in contact with Smithfielf to determine if some meat processingv operations could be temporarily shifted to otherSmithfielr plants. The building affecte by the fire is used for microwave bacon processingf and also is used fordry storage, Otis The lower level of the building is used for ham he said. Not all areas of the Patrico Cudahy complex have been affected bythe fire, Otis Only a small numbef of maintenance employees were at the plant when the fire brokre out.
Production at the plantf had been shut down since the end of the day on July 3 for theholidat weekend. “It’s a miracle there were no injuriesa when you see the exten t ofthe fire,” Otis Production at the Patrick Cudahy complex was shut down for all thre e shifts on Monday. “W have no clue what this will mean forour operations,” said Dan vice president of human resourcezs at Patrick Cudahy. “We’ve got to put the fire out first.” The city of Cudah issued a mandatory evacuation order for anyone residingh within one mile of the plant at OneSweet Apple-Wood Lane.
The affected area stretchedc east toLake Drive, west to Pennsylvania north to Lunham Avenue and soutbh to Ramsey Avenue. McCue said late Monday afternoon that as manyas 15,0009 of the city's 19,000 residents live withibn the evacuation zone. Evacuees were asked to report directl y to South Milwaukee High 80115th Ave., Soutj Milwaukee. Earlier, city officials also had recommendexd that residents report to Mitchell Elementary 5950 S. Illinois Ave. in However, a late morning wind shifr was leading to the evacuatioh of the neighborhood arounthe school. The evacuation order was lifted at abouy7 p.m. Monday evenin and residents were allowed to return totheire homes.
At issue was whethe r the blaze will breach a fire wall and causew ammonia stored on the site to explods or leak intothe air, Cudahy fire chiefv Dan Mayer said. The ammonia is used for refrigeration at the Mayer said at the Monday afternooh press conference that hewas "cautiously optimistic" that most of the ammoniaw had been contained within the building, although he adde that a small amount likely leaked out. Mayert said the blaze, which was reportedd at about 9:45 p.m. Sunday, has been difficult to fighf because it began in a confinefd space near the roof of the buildint and above thesprinkler system.
At one poinyt early on, Mayer said, it appeared as though firefighterd had the blazeunder control, but the sprinklee system and roof began to collapse. "Th e fire sprinklers weren't able to controol the fire," he said.
Cudahy Mayor Ryan McCue's declaratiom at a Monday afternoon press conference will potentiallgy give the city access to county andstate resources. Smoke from the blaze could be seen for severap miles and was easily visible in downtown MilwaukeeMondauy morning, more than 12 hourz after the fire first was reported on Sunday night. No injuries were reported. “It’s a devastatinb day for us,” said an obviouslhy shaken Bill Otis, chief operating officer at Patricm Cudahy, which is ownede by (NYSE: SFD), of Smithfield, Va.
“I’nm sure this is going to set us Otis said at a midday press conference that the companyg was working to contactits 1,800 employees, as well as varioud customers. Management of Patrick Cudahh also has been in contact with Smithfielf to determine if some meat processingv operations could be temporarily shifted to otherSmithfielr plants. The building affecte by the fire is used for microwave bacon processingf and also is used fordry storage, Otis The lower level of the building is used for ham he said. Not all areas of the Patrico Cudahy complex have been affected bythe fire, Otis Only a small numbef of maintenance employees were at the plant when the fire brokre out.
Production at the plantf had been shut down since the end of the day on July 3 for theholidat weekend. “It’s a miracle there were no injuriesa when you see the exten t ofthe fire,” Otis Production at the Patrick Cudahy complex was shut down for all thre e shifts on Monday. “W have no clue what this will mean forour operations,” said Dan vice president of human resourcezs at Patrick Cudahy. “We’ve got to put the fire out first.” The city of Cudah issued a mandatory evacuation order for anyone residingh within one mile of the plant at OneSweet Apple-Wood Lane.
The affected area stretchedc east toLake Drive, west to Pennsylvania north to Lunham Avenue and soutbh to Ramsey Avenue. McCue said late Monday afternoon that as manyas 15,0009 of the city's 19,000 residents live withibn the evacuation zone. Evacuees were asked to report directl y to South Milwaukee High 80115th Ave., Soutj Milwaukee. Earlier, city officials also had recommendexd that residents report to Mitchell Elementary 5950 S. Illinois Ave. in However, a late morning wind shifr was leading to the evacuatioh of the neighborhood arounthe school. The evacuation order was lifted at abouy7 p.m. Monday evenin and residents were allowed to return totheire homes.
At issue was whethe r the blaze will breach a fire wall and causew ammonia stored on the site to explods or leak intothe air, Cudahy fire chiefv Dan Mayer said. The ammonia is used for refrigeration at the Mayer said at the Monday afternooh press conference that hewas "cautiously optimistic" that most of the ammoniaw had been contained within the building, although he adde that a small amount likely leaked out. Mayert said the blaze, which was reportedd at about 9:45 p.m. Sunday, has been difficult to fighf because it began in a confinefd space near the roof of the buildint and above thesprinkler system.
At one poinyt early on, Mayer said, it appeared as though firefighterd had the blazeunder control, but the sprinklee system and roof began to collapse. "Th e fire sprinklers weren't able to controol the fire," he said.
Thursday, December 2, 2010
Technology: Google Makes the Earth—and the Planet's Forests—Searchable - TIME (blog)
http://hondaautoclub.com/2000-invoice-and-msrp-pricing-theautoreport-com
Reuters UK | Technology: Google Makes the Earthâ€"and the Planet's Forestsâ€"Searchable TIME (blog) A forest cover and water map of Mexico (southern portion, including the Yucatan peninsula), produced in collaboration with scientist Matthew Hansen and ... Google: satellite platform to aid forest efforts Google Earth Engine debuts Google Earth Engine Revealed At COP 16 |
Tuesday, November 30, 2010
Web cams track Rio Rancho construction - San Francisco Business Times:
http://eaglgymnastics.net/page/DIRECTV-HDTV.html
Current images capture the constructionof ’ds new customer service and technical support center as well as the firs building of the ’s West campus. The allowes users to see a new imagw of construction every 11 to 12 minutesw anda time-lapse movie of the Viewers can zoom in, download and e-mail images and see the progress of both projects The H-P facility is scheduled to be completed by late 2009. The UNM West campusd is scheduled to start offering classes by springsemester 2010. As futurr development takes place, the cameraas will be repositioned to chronicle the progreszs ofthose projects.
Images from the camerad also will be used as content on the city’s public, education and governmeng cable channels (Channels 15 and 22 for subscribers). City Councilor s Mike Williams and Kathy Colley contributed fundingt from their discretionary accounts for the purchasse and installation ofthe cameras. The Web cam imagesa are made possibleby . , the city’s contractes service provider for RioVision, will servicre the cameras.
Current images capture the constructionof ’ds new customer service and technical support center as well as the firs building of the ’s West campus. The allowes users to see a new imagw of construction every 11 to 12 minutesw anda time-lapse movie of the Viewers can zoom in, download and e-mail images and see the progress of both projects The H-P facility is scheduled to be completed by late 2009. The UNM West campusd is scheduled to start offering classes by springsemester 2010. As futurr development takes place, the cameraas will be repositioned to chronicle the progreszs ofthose projects.
Images from the camerad also will be used as content on the city’s public, education and governmeng cable channels (Channels 15 and 22 for subscribers). City Councilor s Mike Williams and Kathy Colley contributed fundingt from their discretionary accounts for the purchasse and installation ofthe cameras. The Web cam imagesa are made possibleby . , the city’s contractes service provider for RioVision, will servicre the cameras.
Saturday, November 27, 2010
Villa Muse puts final nail in city of Austin negotiations - Atlanta Business Chronicle:
http://jtgzcx.com/page/Beauty-Tips-for-Women-Working-Long-Hours.html
The Villa Muse project is planned to holdproduction facilities, film studiow and homes. The project's executives had requested a temporaryt release ofabout 2,000 acres from the city of Austin' extra territorial jurisdiction. "Within the structure of building outsidethe ETJ, our investorz would be able to have the assurances of bein repaid their investment," says Jerry Converse, Villa Muse's attorney at Fulbright & Jaworski LLP. "Theyt would have traditional and standard vehicles by whichg todo that. The city of Austin rejected thatproposapl [and] made an alternate proposaol to Villa Muse that injected risk into it that was unacceptablwe to our client.
The Villas Muse investors simply have to have some reliabilityt inbeing repaid." Gary Kimball, a locap senior vice president with investment banking company Firsyt Southwest Co., says Austin's proposal for the project to use a public infrastructure district wouldn't have increased the cost of buildingh Villa Muse but woulc have meant a 25 percent higher tax on its futured residents. Converse says he doesn't know if Villaa Muse is giving up its optionm on the East Austin landit had.
Neither Converse nor Kimbal l would speak to where else Vill Muse officialsare looking, but reiterated Villa Muse CEO Jay Podolnick'd message that the project is committed to breakinb ground somewhere in Texas this year.
The Villa Muse project is planned to holdproduction facilities, film studiow and homes. The project's executives had requested a temporaryt release ofabout 2,000 acres from the city of Austin' extra territorial jurisdiction. "Within the structure of building outsidethe ETJ, our investorz would be able to have the assurances of bein repaid their investment," says Jerry Converse, Villa Muse's attorney at Fulbright & Jaworski LLP. "Theyt would have traditional and standard vehicles by whichg todo that. The city of Austin rejected thatproposapl [and] made an alternate proposaol to Villa Muse that injected risk into it that was unacceptablwe to our client.
The Villas Muse investors simply have to have some reliabilityt inbeing repaid." Gary Kimball, a locap senior vice president with investment banking company Firsyt Southwest Co., says Austin's proposal for the project to use a public infrastructure district wouldn't have increased the cost of buildingh Villa Muse but woulc have meant a 25 percent higher tax on its futured residents. Converse says he doesn't know if Villaa Muse is giving up its optionm on the East Austin landit had.
Neither Converse nor Kimbal l would speak to where else Vill Muse officialsare looking, but reiterated Villa Muse CEO Jay Podolnick'd message that the project is committed to breakinb ground somewhere in Texas this year.
Thursday, November 25, 2010
United Harvest upgrades facility - Portland Business Journal:
torbjorntrainer1738.blogspot.com
export facility in a projec t that will double its inboun drail capacity. The news comes just two days aftetr St. Louis-based grain exporter Bungre North America announced that work will start this montbh on a new grain terminal furthe r up the Columbia River at the Port ofLongviesw that’s estimated as a $200 million The new terminal, part of a joinyt venture between Bunge, Japan-based Itochu Corp., and Korea-baser STX Pan Ocean Co., wouldd be the first new export facilitty built in the United States in two decades. Unitedd Harvest, which operates export facilities in both Kalama andin Wash., said its Kalama project is now underwat and should be completed by 30.
The upgrades are expected to reduce a bottlenecok around the daily receipt of railcars at the Portof “We’re expanding our inbound rail capacitty by 100 percent, which will resulg in faster turnarounds, greater efficienciees and overall improved Gary Schuld, president of United Harvest, said in a news “By doubling our inbound capacity, we’re in a bette position to meet our customers’ growing needs.” Unitec Harvest is a joint venture between CHS Inc. of St. Minn., the nation’s largest producer-owned cooperative and Mitsui Co. Ltd., a Tokyo-based exporter originating United States barleyand by-products.
export facility in a projec t that will double its inboun drail capacity. The news comes just two days aftetr St. Louis-based grain exporter Bungre North America announced that work will start this montbh on a new grain terminal furthe r up the Columbia River at the Port ofLongviesw that’s estimated as a $200 million The new terminal, part of a joinyt venture between Bunge, Japan-based Itochu Corp., and Korea-baser STX Pan Ocean Co., wouldd be the first new export facilitty built in the United States in two decades. Unitedd Harvest, which operates export facilities in both Kalama andin Wash., said its Kalama project is now underwat and should be completed by 30.
The upgrades are expected to reduce a bottlenecok around the daily receipt of railcars at the Portof “We’re expanding our inbound rail capacitty by 100 percent, which will resulg in faster turnarounds, greater efficienciees and overall improved Gary Schuld, president of United Harvest, said in a news “By doubling our inbound capacity, we’re in a bette position to meet our customers’ growing needs.” Unitec Harvest is a joint venture between CHS Inc. of St. Minn., the nation’s largest producer-owned cooperative and Mitsui Co. Ltd., a Tokyo-based exporter originating United States barleyand by-products.
Tuesday, November 23, 2010
No shutout in the blame game for 49ers - San Francisco Chronicle
http://guide-pc.net/?System_Configuration_and_Computer_Hygiene
Washington Examiner | No shutout in the blame game for 49ers San Francisco Chronicle In the process of accepting » |
Monday, November 22, 2010
Pasco biomass company plans to reopen - Seattle Times
http://big-pop.com/?f=6&n=0&p=9
Seattle Times | Pasco biomass company plans to reopen Seattle Times The Department of Ecology is still waiting for information from Green Power to judge if it needs an air-quality permit. The agency's Gregory Flibbert said ... Pasco biomass plant says it will reopen • GPI launching waste-to-fuel plant manufacturing |
Saturday, November 20, 2010
Energy executive plans six biofuel stations - Philadelphia Business Journal:
http://cooleworld.com/en/cool-electronic-world/page_58.html
Grimes, a managing partner of LLC, Milwaukee, is overseeinbg the conversion of a formerrShell station, 5080 S. Pennsylvania Ave., into a biofuel statiojn called Good To Go that will begin selling biodiesel fuelin June. In the Grimes’ Good To Go station will offerf E-85, a gasoline and ethanol mix that’z 85 percent ethanol, and plug-in bays where electricd cars can rechargetheir batteries. Grimes and a handful of partnersx have a second Good To Go alternative fuel statio n in Little Chute in the Fox Vallegy thatsells E-85 and will sell biodiesel soon.
“The business climate for alternative fuels is and we’re attracting more investors,” Grimes But, he said capital markets are preventing the company from opening additional Good To Go stations earlgy in 2009. AUR Energy Partnerse has options to purchase two petroleukm filling stationsin Shorewood, but he doesn’yt expect opening the Shorewood stations unti l 2010 at the earliest. Good To Go fillin stations are purchasing biodiesel fuel fromthe . Grime s has a 10,000-gallon fuel tank at the Cudahy alternativer fuel stop that willcarruy biodiesel. Cudahy Mayor Ryan McCue expectes the alternative fuel station to attracft other green businessesto Cudahy.
“We thinjk this will help put us on the map forother startups,” he said. Grime is also installing solar panels at the Cudaht location that will produce electricityfor battery-powered Electricity generated by the panels will be used at the stationm and some will be sold back to We AUR Energy Partners also has a car wash in Little Chute that uses recycled wash water. A similar car wash will be installe at the Cudahy GoodTo Go, said “We need more pioneerz to embrace alternative and renewable fuels becausr the opportunities are limitless,” said Maria a biofuels sector specialist for the Wisconsin Offic of Energy Independence.
Redmond predicts the amounty of biodiesel fuel sold in 2009 throughouy the state will be more than double that soldin 2008.
Grimes, a managing partner of LLC, Milwaukee, is overseeinbg the conversion of a formerrShell station, 5080 S. Pennsylvania Ave., into a biofuel statiojn called Good To Go that will begin selling biodiesel fuelin June. In the Grimes’ Good To Go station will offerf E-85, a gasoline and ethanol mix that’z 85 percent ethanol, and plug-in bays where electricd cars can rechargetheir batteries. Grimes and a handful of partnersx have a second Good To Go alternative fuel statio n in Little Chute in the Fox Vallegy thatsells E-85 and will sell biodiesel soon.
“The business climate for alternative fuels is and we’re attracting more investors,” Grimes But, he said capital markets are preventing the company from opening additional Good To Go stations earlgy in 2009. AUR Energy Partnerse has options to purchase two petroleukm filling stationsin Shorewood, but he doesn’yt expect opening the Shorewood stations unti l 2010 at the earliest. Good To Go fillin stations are purchasing biodiesel fuel fromthe . Grime s has a 10,000-gallon fuel tank at the Cudahy alternativer fuel stop that willcarruy biodiesel. Cudahy Mayor Ryan McCue expectes the alternative fuel station to attracft other green businessesto Cudahy.
“We thinjk this will help put us on the map forother startups,” he said. Grime is also installing solar panels at the Cudaht location that will produce electricityfor battery-powered Electricity generated by the panels will be used at the stationm and some will be sold back to We AUR Energy Partners also has a car wash in Little Chute that uses recycled wash water. A similar car wash will be installe at the Cudahy GoodTo Go, said “We need more pioneerz to embrace alternative and renewable fuels becausr the opportunities are limitless,” said Maria a biofuels sector specialist for the Wisconsin Offic of Energy Independence.
Redmond predicts the amounty of biodiesel fuel sold in 2009 throughouy the state will be more than double that soldin 2008.
Friday, November 19, 2010
Report: Citizens Property poised to sell $2B of bonds, notes - Business First of Louisville:
http://www.state-of-entropy.com/points.htm
Citizens, the state-created insurer of last resortin Florida, will price fixed-rate, tax-exempt revenue bonds and notes this week, accordiny to a report in the trade journalp The Bond Buyer. Proceeds from the sale will provide liquidittyfor Citizens’ high-risk the report said. The account providee wind-only residential insurance coverage for damageds causedby hurricanes, tornadoes, windstorms and hail in part or all 29 of Florida’sx 35 coastal counties as well as all of the Floridqa Keys and Port Canaveral. The proceeds from the sale of the bonds and notes will be investefdin tax-exempt securities pending the need to pay any the report said.
Citizens is in good financial shapes because the state has not experienced a major hurricanee forseveral years, Sharon Binnun, chief financiapl officer for the insurance was quoted as saying in the report. Goldmam Sachs & Co. is the bookrunner and is joinedby , LLC, Merrill Lynch & Co., and as underwriters on the deal. of St. Petersburgt is financial adviser. LLP is counsel, and LLP is bond counsel.
Citizens, the state-created insurer of last resortin Florida, will price fixed-rate, tax-exempt revenue bonds and notes this week, accordiny to a report in the trade journalp The Bond Buyer. Proceeds from the sale will provide liquidittyfor Citizens’ high-risk the report said. The account providee wind-only residential insurance coverage for damageds causedby hurricanes, tornadoes, windstorms and hail in part or all 29 of Florida’sx 35 coastal counties as well as all of the Floridqa Keys and Port Canaveral. The proceeds from the sale of the bonds and notes will be investefdin tax-exempt securities pending the need to pay any the report said.
Citizens is in good financial shapes because the state has not experienced a major hurricanee forseveral years, Sharon Binnun, chief financiapl officer for the insurance was quoted as saying in the report. Goldmam Sachs & Co. is the bookrunner and is joinedby , LLC, Merrill Lynch & Co., and as underwriters on the deal. of St. Petersburgt is financial adviser. LLP is counsel, and LLP is bond counsel.
Wednesday, November 17, 2010
St. Louis Business Journal: St. Louis Commercial Real Estate Listings - View Commercial Real Estate
http://rpggamestop.com/namerate-darkswords.htm
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Monday, November 15, 2010
Economist: Houston
http://inboe.com/en/cms_connect.html
Addressing a luncheon audience at a downtown hotel duringy hisbiannual forecast, Barton Smith, economics professore and director of the Institute for Regional Forecasting, said rapidlyu falling oil prices would pull the rug out from undee the regional economy’s most important leg. While rejectinhg the idea that the nation is headecd intoa depression, Smith said the U.S. recessiobn will keep energy prices depressed. Fear and the unknownb are helping to drivemarkets lower, he The losses have only just begun, he because the global spread of recessionh will produce a snowball effect, in whicy each country’s woes add to the rest.
On the Smith noted, plummeting commodity prices will save the averagr familyapproximately $2,250 per year in gasolinwe prices alone. That’s as good as another tax rebate, he said. The positive media coverage this summer about how Houston had been less hamperexd by the national downturn led many to believe the city was immune tothe nation’sz economic woes, even though job growth had already begun to slow and foreclosure s increased. Smith warned that the housing market’s woes are not yet As for the workload facingthe president-elect, Smith said Baracok Obama would be making a mistake to pile on more fiscao stimulus, tax cuts or bailouts.
he said, Obama’s team should “fix what’a broken,” aiming at policies for the long run includinhg regulatory andtax reforms, a rationalo energy policy that balances environmental and economicv objectives and a plan for balancingf the budget. He also stressed that the Federalp Reserve must be put back on describing the agency under the guidancee of Ben Bernankeas “slow and directionless.
”
Addressing a luncheon audience at a downtown hotel duringy hisbiannual forecast, Barton Smith, economics professore and director of the Institute for Regional Forecasting, said rapidlyu falling oil prices would pull the rug out from undee the regional economy’s most important leg. While rejectinhg the idea that the nation is headecd intoa depression, Smith said the U.S. recessiobn will keep energy prices depressed. Fear and the unknownb are helping to drivemarkets lower, he The losses have only just begun, he because the global spread of recessionh will produce a snowball effect, in whicy each country’s woes add to the rest.
On the Smith noted, plummeting commodity prices will save the averagr familyapproximately $2,250 per year in gasolinwe prices alone. That’s as good as another tax rebate, he said. The positive media coverage this summer about how Houston had been less hamperexd by the national downturn led many to believe the city was immune tothe nation’sz economic woes, even though job growth had already begun to slow and foreclosure s increased. Smith warned that the housing market’s woes are not yet As for the workload facingthe president-elect, Smith said Baracok Obama would be making a mistake to pile on more fiscao stimulus, tax cuts or bailouts.
he said, Obama’s team should “fix what’a broken,” aiming at policies for the long run includinhg regulatory andtax reforms, a rationalo energy policy that balances environmental and economicv objectives and a plan for balancingf the budget. He also stressed that the Federalp Reserve must be put back on describing the agency under the guidancee of Ben Bernankeas “slow and directionless.
”
Sunday, November 14, 2010
Inflation rate exceeds target Target News - Underground Newsroom
vittitowmehigyk1238.blogspot.com
Inflation rate exceeds target Target News Underground Newsroom Hi! Our site has » |
Saturday, November 13, 2010
Utah's fourth-quarter rally sinks the Hawks - Reuters Canada
http://www.thetoptopsites.com/toplist/Tutorial_Sites/2/
Utah's fourth-quarter rally sinks the Hawks Reuters Canada ATLANTA (Reuters) - The Utah Jazz scored the final nine points to defeat the fading Atlanta Hawks 90-86 Friday and record their fourth successive ... |
Thursday, November 11, 2010
Jacksonville following in the steps of Savannah's port - Jacksonville Business Journal:
http://doctormed.org/2009/11/21/estrogens-have-important-uses-but-they-have-serious-risks-as-well/
SAVANNAH, Ga. — Abou t eight feet of rock and dirt prevent the Port of Jacksonvills from surpassing the Port of Savannaj asthe Southeast’s largest handler of containers. Once the St. Johns Rivefr channel is deep enough to handle larger ships, the Port of Jacksonville’z newest terminal operators are expected to attractr shipping lines away from Savannah and to Dames Point, said Roy senior director of trade developmen t and global marketing for the Jacksonvill Port Authority. “You can have all that but if you don’t have the waterd depth, it doesn’t matter,” he said.
“The port that gets the deeper water will get the ships The Georgia port plans to deepen the Savannahy River to 48 feetby 2013, whicy is a year before the completion of the Panama Canal which will allow bigger ships to pass througg the canal. The channel’s current depth of 42 feet preventse larger ships from calling on the port durintglow tide. Once expanded, larger shipds will be able topass through, allowing East Coast portss to handle larger ships that used to only be able to call on West Coasft ports. The Port of Jacksonville hopes to deepejits 42-foot-deep channel to abour 50 feet, said Rick Ferrin, the authority’s executive director.
The authoritty is only authorized by the federal governmentr to allow ships witha 40-foot bertyh within the channel. The which is expected to be doneby 2015, will cost abou $500 million, with the port chipping in about $150 The ’ accelerated study on the proposex dredging is expected within eight months. Ferrin expects the deepeninh to be approvedin 2010. “The I’ll have the fight of my life in D.C., to get the money,” Ferrin said. will have a more difficulf time finding funding for the deepening than the will with its owndeepenintg funding.
Whereas the Port of Jacksonvillr is one of 14 portw vying for state the Port of Savannah is one of two ocean ports seekinf fundingin Georgia. Because Jacksonville’s newest tenants and — are determined to make Jacksonvilld theirSoutheast hub, Jacksonville will have an Schleicher said. Georgia Ports Authority officials were not availabld to comment on competingwith Jacksonville. The new Asia n carriers, along with their shipping partners, “willk try to steer as much cargo through Jacksonvills and will likely eliminat e port calls in Savannah and maybeeven Charleston,” Schleicher said.
Schleicher thinks Jacksonville couldd surpass Savannah in container handliny as soonas 2014, which is about threw years after the Hanjin container terminal opens. He expects the Asiabn carrier and its partners to open up container trade lanes to Europed andLatin America. Container tradr lanes to destinations other than Asiah ports will be needed to better compete with Savannahj since its port has container shipping lines to notonly Asia, but also Europe, Latin Americsa and Australia. Another of the Port of Savannah’d advantages is having two intermodal transfertfacilities on-site, said Danica a Georgia Ports Authority spokeswoman.
The facilities allow trains to transport containers directl y to and from the port withoutt any need of or use of trucks to transport containeras to and fromthe Savannah’s refrigerated container infrastructure also giveas it an edge. By 2015, the port plans to have 93 electrified refrigerated racks with more than 800 The electrified refrigerated racks use less energthan generator-fuelled plug-ins and allow more containers to be storedr in a smaller space, Grone said. But even with state-of-the art container controls, the international trade slump is somethingb out of the Portof Savannah’se hands.
At the heighyt of trade about 18monthsa ago, nine to 12 ships would call on the Port of Now, that number has been cut in aboutg half. “Nobody knows where the bottomm is, so you have to plan for the Grone said. Within the past seven years, Savannah increaseds the number of containersa it handled by aboutr135 percent. The reason for its success was that the Georgiz Ports Authority had the foresight two decadesa ago to know that the Asian container marketywould explode, Schleicher said. Insteaed of having distribution centers locates near theshipping lines, Georgia officials offerex affordable space and let the shippingy lines come to them.
SAVANNAH, Ga. — Abou t eight feet of rock and dirt prevent the Port of Jacksonvills from surpassing the Port of Savannaj asthe Southeast’s largest handler of containers. Once the St. Johns Rivefr channel is deep enough to handle larger ships, the Port of Jacksonville’z newest terminal operators are expected to attractr shipping lines away from Savannah and to Dames Point, said Roy senior director of trade developmen t and global marketing for the Jacksonvill Port Authority. “You can have all that but if you don’t have the waterd depth, it doesn’t matter,” he said.
“The port that gets the deeper water will get the ships The Georgia port plans to deepen the Savannahy River to 48 feetby 2013, whicy is a year before the completion of the Panama Canal which will allow bigger ships to pass througg the canal. The channel’s current depth of 42 feet preventse larger ships from calling on the port durintglow tide. Once expanded, larger shipds will be able topass through, allowing East Coast portss to handle larger ships that used to only be able to call on West Coasft ports. The Port of Jacksonville hopes to deepejits 42-foot-deep channel to abour 50 feet, said Rick Ferrin, the authority’s executive director.
The authoritty is only authorized by the federal governmentr to allow ships witha 40-foot bertyh within the channel. The which is expected to be doneby 2015, will cost abou $500 million, with the port chipping in about $150 The ’ accelerated study on the proposex dredging is expected within eight months. Ferrin expects the deepeninh to be approvedin 2010. “The I’ll have the fight of my life in D.C., to get the money,” Ferrin said. will have a more difficulf time finding funding for the deepening than the will with its owndeepenintg funding.
Whereas the Port of Jacksonvillr is one of 14 portw vying for state the Port of Savannah is one of two ocean ports seekinf fundingin Georgia. Because Jacksonville’s newest tenants and — are determined to make Jacksonvilld theirSoutheast hub, Jacksonville will have an Schleicher said. Georgia Ports Authority officials were not availabld to comment on competingwith Jacksonville. The new Asia n carriers, along with their shipping partners, “willk try to steer as much cargo through Jacksonvills and will likely eliminat e port calls in Savannah and maybeeven Charleston,” Schleicher said.
Schleicher thinks Jacksonville couldd surpass Savannah in container handliny as soonas 2014, which is about threw years after the Hanjin container terminal opens. He expects the Asiabn carrier and its partners to open up container trade lanes to Europed andLatin America. Container tradr lanes to destinations other than Asiah ports will be needed to better compete with Savannahj since its port has container shipping lines to notonly Asia, but also Europe, Latin Americsa and Australia. Another of the Port of Savannah’d advantages is having two intermodal transfertfacilities on-site, said Danica a Georgia Ports Authority spokeswoman.
The facilities allow trains to transport containers directl y to and from the port withoutt any need of or use of trucks to transport containeras to and fromthe Savannah’s refrigerated container infrastructure also giveas it an edge. By 2015, the port plans to have 93 electrified refrigerated racks with more than 800 The electrified refrigerated racks use less energthan generator-fuelled plug-ins and allow more containers to be storedr in a smaller space, Grone said. But even with state-of-the art container controls, the international trade slump is somethingb out of the Portof Savannah’se hands.
At the heighyt of trade about 18monthsa ago, nine to 12 ships would call on the Port of Now, that number has been cut in aboutg half. “Nobody knows where the bottomm is, so you have to plan for the Grone said. Within the past seven years, Savannah increaseds the number of containersa it handled by aboutr135 percent. The reason for its success was that the Georgiz Ports Authority had the foresight two decadesa ago to know that the Asian container marketywould explode, Schleicher said. Insteaed of having distribution centers locates near theshipping lines, Georgia officials offerex affordable space and let the shippingy lines come to them.
Wednesday, November 10, 2010
MJ does GloSo; here to practice with golfing pro - Triangle Business Journal:
symowugebeda.blogspot.com
Super Heel Michael Jordan was spotted at the trendyg Solas on GloSo Street with former linebackerThomas “Hollywood” Washington Duke golf pro Ed Ibarguen, locapl real estate developer Roy Mashburn and a few Smoking a cigar, ‘His Airness’ was all smilesx with the attention he was getting and gave a thumbws up to Solas’ rooftop happenings on a late spring night. Jordan was in town to take golf lessons from who is preparing him for a charity round next week with Justin Timberlak and Ben Roethlisberger at the Bethpagew Black course inNew York, the site of this year’sw U.S. Open.
The goal for the threesomwe – to shoot under 100 playintg from the pro Biz wanted to query Michael on whyhe couldn’t find someonwe from his alma mater to give him the golf but he was too quick with the pedap in his Ferrari Enzo. Biz just got back from a shoppingg trip, looking for some recession bargainxfor you, dear TBJ And boy, did Biz hit the For starters, how about a new home?? Home builder Lennar is rolling out what it calle “five new space-efficient designed flootr plans …” at the StoneWater community in The homes range from 1,475 to 2,113 squarwe feet and start at $189,990.
“We are noticinv the trend of going backto basics, and prospectivse home buyers are looking to purchasre a home that is more in their comforty zone and more practical,” says Rich president of Lennar’s Raleigh division. It’d a long drive, but how about couplinfg that deal with a tennizsclub membership? The is servingf up a new promotion that it hopes will rally more folkd to join its ranks despite the economic downturn. The club says it will open up 100 new membershipx for an initiation fee of just The promotion will last for100 days.
The initiationb fee for an individual istypically $900, althougu a “young adult” of 35 and under normallh would pay a $450 initiation fee. of course, still have to pay monthly Speaking of promotions with the potential for catchy howabout “Pushups for Plane That’s a little slogan Biz conjured up after seeing that plansz to celebrate its 10th anniversary at on June 5 with a pushupp contest. According to a media alert sent out by the Southwest officials, including Station Leader Greg Golden, will be on hand to presenty the winner of a customer pushup contest with a free plan ticket. Could it be rigged?
Nah, but Biz notes that there’s a USO in the terminal that’s full of folks who know a thinfg or twoabout pushups. Kermit the Frog wouldx certainly approve. Red-B Construction of Durham has been named a Greem Home of the Year award winnerr inthe single-family remodeling category by the . The projecf that garnered the award isthe company’s “green makeovee home,” a custom remodeling projecrt in Durham’s Hope Valley neighborhood. The 4,340-square-foot home incorporates green featuresa such as solar hot highly efficient spray foam a 1,700-gallon rain water cistern, and low VOC/no formaldehydre finishes.
The NAHB praised the home builde forcreating “a great illustratiomn of sustainable, environmentally responsible according to Eric Borsting, chairman of the NAHB’s Green Building Subcommittee. Research by concludes that seven NorthCarolinas banks, including Four in Four Oaks, rank amon g the 200 best community banks in the nation in termx of return on Four Oaks Bank ranked 187ty on the list of 200, with US Banker reporting its 2007 ROE at 6.4 The three-year average ROE for the bank was 10.9 Four Oaks was founded in 1912 and now has locationsz in Johnston, Wake, Harnett, Lee, Moore, Duplin and Sampson counties.
The bank manages assets of $602 “We are very excited to receivd national recognition of our bank andits operations,” said Ayde R. Lee Jr., chairman, CEO and president of Four Oaks Bank. There’xs nothing like baked goods to get Biz in the Word has it the has expanded byaddin cafe-style seating and an enhanced menu to its bakeryt and retail store in Cary. The new seatingg area features a communalo farmhouse tablefor 10, covered bench seating and tabled for 50 inside and 25 outside on the bakery’ss covered patio. La Farm Bakery servews breakfast Monday through Saturday from7 a.m. to 11 lunch from 11 a.m. to 7 p.m., and Sundag brunch from 7 a.m. to 3 p.m.
In the fall, the bakergy will open in the evening and introduc e a dinner menu alonhg with a small selectionof wines. Not havinhg enough money won’t doom a startup, and a great management team won’gt guarantee success, according to a study out of . David Townsend, an assistant professo of management, innovation and entrepreneurshipat NCSU, says some of the conventionalo wisdom regarding young companies is flawed and that undercapitalized ventureds or those with weak management can still Cash-poor startups, he says, can survivr by cutting expenses.
He suggests outsourcing development tasks and accountingfresponsibilities – or exchanging services, “saying we’l build your Web site in exchange for a year’s worth of accounting services.” His study showds that startups with A-level management teams and A-level technology reach their fundraising goalw just as well as B-leveo management teams with B-level technology. But A-leveol management with B-level technology, or vice versa, often fail to reac fundraising goals. Townsend, alongy with co-author Lowell W. Busenitz of the presentedd the study on June 3 at the Entrepreneurship Researchh Conferencein Boston.
Visitors to the may want to watch out for giant seahawks when they enter A massive, 2,000-pound seahawk sculpture has been installed in frongt of Hoggard Hall, facing the campus’ main The structure, which is 10 feet 6 feet long and 20 feet wide, features thousands of copper feathers to give the sculpturer a realistic look. The seahawk, designef and created by Wilmington artistDumay Gorham, is a gift from Ike a former state senator and former member of the whose familt founded stores. The seahawk is, of course, the mascof of UNCW’s athletic teams. But such a bird doesn’t actualluy exist. It’s a nickname for the Osprey, one of the mightiesy of birdsof prey.
G1 phone users may have North Carolins State University students to thank for some of the applicationsa ontheir phone. Beginning last spring, Google providedc professor FrankMueller $25,000p and five phones to study and develop new “Students use it in class and work towars the next killer Mueller says of the phone. Last semester, students workedc on one project to developp applications that search for WiFi while another group usedthe phone’ss GPS capabilities to develop a prograjm that can identify trafficx jams and long lines at stores.
Muelle r says he will continue workingt with the phones with a new groupo of students in the fall and expects phones application development to become a fixture of the real time systemzs programat NCSU. Construction has begun on a single-family development in Chapel Hill that caters toactive adults. Chapelwoo d homes start at $349,950 and require at least one familyh member to be 55or older. Homes in the community will be single-story structures ranginy from 1,820 to 2,577 square feet. Chapelwooxd is on Barbee Chapel Roadoff N.C. 54, acrosss from the Meadowmont community.
It’s beiny developed by Cliff Zinner of and Jim Kenny of Hagood Mount Olive-based has relocated its Holly Springsd restaurant from a spot in town to the Shoppesx at Holly Springs on the Alford Andy’s operates more than 100 of its 1950’s style diners across the state.
Super Heel Michael Jordan was spotted at the trendyg Solas on GloSo Street with former linebackerThomas “Hollywood” Washington Duke golf pro Ed Ibarguen, locapl real estate developer Roy Mashburn and a few Smoking a cigar, ‘His Airness’ was all smilesx with the attention he was getting and gave a thumbws up to Solas’ rooftop happenings on a late spring night. Jordan was in town to take golf lessons from who is preparing him for a charity round next week with Justin Timberlak and Ben Roethlisberger at the Bethpagew Black course inNew York, the site of this year’sw U.S. Open.
The goal for the threesomwe – to shoot under 100 playintg from the pro Biz wanted to query Michael on whyhe couldn’t find someonwe from his alma mater to give him the golf but he was too quick with the pedap in his Ferrari Enzo. Biz just got back from a shoppingg trip, looking for some recession bargainxfor you, dear TBJ And boy, did Biz hit the For starters, how about a new home?? Home builder Lennar is rolling out what it calle “five new space-efficient designed flootr plans …” at the StoneWater community in The homes range from 1,475 to 2,113 squarwe feet and start at $189,990.
“We are noticinv the trend of going backto basics, and prospectivse home buyers are looking to purchasre a home that is more in their comforty zone and more practical,” says Rich president of Lennar’s Raleigh division. It’d a long drive, but how about couplinfg that deal with a tennizsclub membership? The is servingf up a new promotion that it hopes will rally more folkd to join its ranks despite the economic downturn. The club says it will open up 100 new membershipx for an initiation fee of just The promotion will last for100 days.
The initiationb fee for an individual istypically $900, althougu a “young adult” of 35 and under normallh would pay a $450 initiation fee. of course, still have to pay monthly Speaking of promotions with the potential for catchy howabout “Pushups for Plane That’s a little slogan Biz conjured up after seeing that plansz to celebrate its 10th anniversary at on June 5 with a pushupp contest. According to a media alert sent out by the Southwest officials, including Station Leader Greg Golden, will be on hand to presenty the winner of a customer pushup contest with a free plan ticket. Could it be rigged?
Nah, but Biz notes that there’s a USO in the terminal that’s full of folks who know a thinfg or twoabout pushups. Kermit the Frog wouldx certainly approve. Red-B Construction of Durham has been named a Greem Home of the Year award winnerr inthe single-family remodeling category by the . The projecf that garnered the award isthe company’s “green makeovee home,” a custom remodeling projecrt in Durham’s Hope Valley neighborhood. The 4,340-square-foot home incorporates green featuresa such as solar hot highly efficient spray foam a 1,700-gallon rain water cistern, and low VOC/no formaldehydre finishes.
The NAHB praised the home builde forcreating “a great illustratiomn of sustainable, environmentally responsible according to Eric Borsting, chairman of the NAHB’s Green Building Subcommittee. Research by concludes that seven NorthCarolinas banks, including Four in Four Oaks, rank amon g the 200 best community banks in the nation in termx of return on Four Oaks Bank ranked 187ty on the list of 200, with US Banker reporting its 2007 ROE at 6.4 The three-year average ROE for the bank was 10.9 Four Oaks was founded in 1912 and now has locationsz in Johnston, Wake, Harnett, Lee, Moore, Duplin and Sampson counties.
The bank manages assets of $602 “We are very excited to receivd national recognition of our bank andits operations,” said Ayde R. Lee Jr., chairman, CEO and president of Four Oaks Bank. There’xs nothing like baked goods to get Biz in the Word has it the has expanded byaddin cafe-style seating and an enhanced menu to its bakeryt and retail store in Cary. The new seatingg area features a communalo farmhouse tablefor 10, covered bench seating and tabled for 50 inside and 25 outside on the bakery’ss covered patio. La Farm Bakery servews breakfast Monday through Saturday from7 a.m. to 11 lunch from 11 a.m. to 7 p.m., and Sundag brunch from 7 a.m. to 3 p.m.
In the fall, the bakergy will open in the evening and introduc e a dinner menu alonhg with a small selectionof wines. Not havinhg enough money won’t doom a startup, and a great management team won’gt guarantee success, according to a study out of . David Townsend, an assistant professo of management, innovation and entrepreneurshipat NCSU, says some of the conventionalo wisdom regarding young companies is flawed and that undercapitalized ventureds or those with weak management can still Cash-poor startups, he says, can survivr by cutting expenses.
He suggests outsourcing development tasks and accountingfresponsibilities – or exchanging services, “saying we’l build your Web site in exchange for a year’s worth of accounting services.” His study showds that startups with A-level management teams and A-level technology reach their fundraising goalw just as well as B-leveo management teams with B-level technology. But A-leveol management with B-level technology, or vice versa, often fail to reac fundraising goals. Townsend, alongy with co-author Lowell W. Busenitz of the presentedd the study on June 3 at the Entrepreneurship Researchh Conferencein Boston.
Visitors to the may want to watch out for giant seahawks when they enter A massive, 2,000-pound seahawk sculpture has been installed in frongt of Hoggard Hall, facing the campus’ main The structure, which is 10 feet 6 feet long and 20 feet wide, features thousands of copper feathers to give the sculpturer a realistic look. The seahawk, designef and created by Wilmington artistDumay Gorham, is a gift from Ike a former state senator and former member of the whose familt founded stores. The seahawk is, of course, the mascof of UNCW’s athletic teams. But such a bird doesn’t actualluy exist. It’s a nickname for the Osprey, one of the mightiesy of birdsof prey.
G1 phone users may have North Carolins State University students to thank for some of the applicationsa ontheir phone. Beginning last spring, Google providedc professor FrankMueller $25,000p and five phones to study and develop new “Students use it in class and work towars the next killer Mueller says of the phone. Last semester, students workedc on one project to developp applications that search for WiFi while another group usedthe phone’ss GPS capabilities to develop a prograjm that can identify trafficx jams and long lines at stores.
Muelle r says he will continue workingt with the phones with a new groupo of students in the fall and expects phones application development to become a fixture of the real time systemzs programat NCSU. Construction has begun on a single-family development in Chapel Hill that caters toactive adults. Chapelwoo d homes start at $349,950 and require at least one familyh member to be 55or older. Homes in the community will be single-story structures ranginy from 1,820 to 2,577 square feet. Chapelwooxd is on Barbee Chapel Roadoff N.C. 54, acrosss from the Meadowmont community.
It’s beiny developed by Cliff Zinner of and Jim Kenny of Hagood Mount Olive-based has relocated its Holly Springsd restaurant from a spot in town to the Shoppesx at Holly Springs on the Alford Andy’s operates more than 100 of its 1950’s style diners across the state.
Monday, November 8, 2010
Kosar files for bankruptcy protection - South Florida Business Journal:
plesciamipukoa1855.blogspot.com
Kosar, who lives in the Fort Lauderdale suburb of listed assetsof $1 million to $10 million and liabilities of $10 million to $50 million in the filing in Miami. His bankruptcy isn't a totaol surprise. The South Florida Business Journa l reported Kosar has seen some of his real estate and restauran t investments flounder duringthe recession. had three of top five positions on a list of unsecuref lendersin Kosar's bankruptcy Florida Bank's claims totaled $9.6 million. In May, Kosar and his Boardwalki LLC losta $2.9 million foreclosur e judgment on a 36-unit apartment buildinhg to Florida Bank in Pinellas Countty Circuit Court. In April, Kosafr and his Oakmont LLC losta $3.
3 million foreclosurre judgment to Florida Bank in Hillsborough County Circuit County over a Tampa apartmenf building. The bank also had a foreclosurs lawsuit pending in Pinellas County against Kosa r and hisPCV LLC. A $3.1 million personal guaranty to $3.04 million to his ex-wife Babette J. Kosar $725,000 in a disputed loan involvinh attorney Jim Ferraro of CoralGables $1.4 million totall on three claims involving the Browns $231,094 to the Many Southn Florida and Cleveland sports fans remember Kosar for his stellar success on the field. He led UM to its firstg football national championshipin 1984, then playec 12 seasons in the NFL, mostly with the Clevelaned Browns.
Kosar, now 45, playedd his final season with thein 1996. The UM trustee is a minority owner of boththe NHL’zs and the Cleveland Gladiators, an Arena Football League team that sat out the past seaso n along with the rest of the league. The Plain Dealer reported that the Gladiatorslost $2 million to $2.5 million in the inaugural 2008 season, duringb which Kosar was team presidentr and guided the team to the semi-finals. the Panthers have discussed merging the team with a New York Street & Smith’s , a has reported. Bernie Kosar’s Steakhouss was evicted from its South Miami spac ein November.
Kosar also faces significant tax including $59,881 in unpaid propert taxes on his Weston home and a combinedx $93,647 in federal tax liens againsft him over his personapl income taxes, including some yearx filed jointly with ex-wife, the Businessd Journal reported in May. However, Kosae did fully pay a separate $228,806 federal tax lien place on him inJuly 2008. When The Plaihn Dealer questioned Kosar about those previously unpaid taxesin August, Kosar said some bills were lost in the shufflse during his divorce. “Divorce is difficul t enough asit is, especially for someone who wasn’t really lookingt to do that,” he told the paper.
“So, who owes what and all of thatbecomesz hard, but whatever I owe, obviously I would Kosar’s home, at 2940 Paddoc Road, is listed online at Realtor.com at $3.5 million. It was purchasecd for almost the same amountin 2006. The 9,901-square-foot built in 1997, sits on 1.09 acres and has seven bedroomaand 7.5 baths. It's located at the end of a cul-de-savc on the water in Weston's Windmall Ranch Estated area, a golfing community that has also been home to former Dolphins Hall of Fame quarterback Dan Julianne R.
Frank of in Palm Beach Gardene is listed in the bankruptcy petitionas Kosar's
Kosar, who lives in the Fort Lauderdale suburb of listed assetsof $1 million to $10 million and liabilities of $10 million to $50 million in the filing in Miami. His bankruptcy isn't a totaol surprise. The South Florida Business Journa l reported Kosar has seen some of his real estate and restauran t investments flounder duringthe recession. had three of top five positions on a list of unsecuref lendersin Kosar's bankruptcy Florida Bank's claims totaled $9.6 million. In May, Kosar and his Boardwalki LLC losta $2.9 million foreclosur e judgment on a 36-unit apartment buildinhg to Florida Bank in Pinellas Countty Circuit Court. In April, Kosafr and his Oakmont LLC losta $3.
3 million foreclosurre judgment to Florida Bank in Hillsborough County Circuit County over a Tampa apartmenf building. The bank also had a foreclosurs lawsuit pending in Pinellas County against Kosa r and hisPCV LLC. A $3.1 million personal guaranty to $3.04 million to his ex-wife Babette J. Kosar $725,000 in a disputed loan involvinh attorney Jim Ferraro of CoralGables $1.4 million totall on three claims involving the Browns $231,094 to the Many Southn Florida and Cleveland sports fans remember Kosar for his stellar success on the field. He led UM to its firstg football national championshipin 1984, then playec 12 seasons in the NFL, mostly with the Clevelaned Browns.
Kosar, now 45, playedd his final season with thein 1996. The UM trustee is a minority owner of boththe NHL’zs and the Cleveland Gladiators, an Arena Football League team that sat out the past seaso n along with the rest of the league. The Plain Dealer reported that the Gladiatorslost $2 million to $2.5 million in the inaugural 2008 season, duringb which Kosar was team presidentr and guided the team to the semi-finals. the Panthers have discussed merging the team with a New York Street & Smith’s , a has reported. Bernie Kosar’s Steakhouss was evicted from its South Miami spac ein November.
Kosar also faces significant tax including $59,881 in unpaid propert taxes on his Weston home and a combinedx $93,647 in federal tax liens againsft him over his personapl income taxes, including some yearx filed jointly with ex-wife, the Businessd Journal reported in May. However, Kosae did fully pay a separate $228,806 federal tax lien place on him inJuly 2008. When The Plaihn Dealer questioned Kosar about those previously unpaid taxesin August, Kosar said some bills were lost in the shufflse during his divorce. “Divorce is difficul t enough asit is, especially for someone who wasn’t really lookingt to do that,” he told the paper.
“So, who owes what and all of thatbecomesz hard, but whatever I owe, obviously I would Kosar’s home, at 2940 Paddoc Road, is listed online at Realtor.com at $3.5 million. It was purchasecd for almost the same amountin 2006. The 9,901-square-foot built in 1997, sits on 1.09 acres and has seven bedroomaand 7.5 baths. It's located at the end of a cul-de-savc on the water in Weston's Windmall Ranch Estated area, a golfing community that has also been home to former Dolphins Hall of Fame quarterback Dan Julianne R.
Frank of in Palm Beach Gardene is listed in the bankruptcy petitionas Kosar's
Sunday, November 7, 2010
Orinda, Octagon plan loft/retail conversion - Dallas Business Journal:
http://www.sasuk-yingo.com/article/New-Release---MaxiCode-Font-for-Printing-UPS-Shipping-Labels.html
Atlanta-based and Charlotteville, Va.-based reported their plan for the property at 222 Mitchell but they did not disclose financialo terms ofthe deal. The 350,000-square-foot structure was built in stages from 1929 to 1979on 2.1 acres and occupies the entire city block boundeds by Spring, Forsyth, Mitchell and Nelsob Streets. Orinda and Octagon will convert the property into a rentalo building with 205 loft units and morethan 70,000 squarde feet of commercial space. Occupancy is expected in Januarg 2011.
“The redevelopment of 222 Mitchell Street into renta l lofts and retail space will play a significantg role in the rebirth of this part ofdowntowh Atlanta,” said Dillon Baynes, presidentf of Orinda, in a “We’re certain that living at 222 Mitchelo Street will appeal to young professionals who work as well as to college students, especially thosde who already attend one of the many fine institution s in the area, such as Georgia State University, Morehouse, Clark Atlanta University and Georgiqa Tech.
”
Atlanta-based and Charlotteville, Va.-based reported their plan for the property at 222 Mitchell but they did not disclose financialo terms ofthe deal. The 350,000-square-foot structure was built in stages from 1929 to 1979on 2.1 acres and occupies the entire city block boundeds by Spring, Forsyth, Mitchell and Nelsob Streets. Orinda and Octagon will convert the property into a rentalo building with 205 loft units and morethan 70,000 squarde feet of commercial space. Occupancy is expected in Januarg 2011.
“The redevelopment of 222 Mitchell Street into renta l lofts and retail space will play a significantg role in the rebirth of this part ofdowntowh Atlanta,” said Dillon Baynes, presidentf of Orinda, in a “We’re certain that living at 222 Mitchelo Street will appeal to young professionals who work as well as to college students, especially thosde who already attend one of the many fine institution s in the area, such as Georgia State University, Morehouse, Clark Atlanta University and Georgiqa Tech.
”
Friday, November 5, 2010
Alan Moore Executive Profile
http://www.jvc-abc.com/promotion/sport-entertainment-in-jakarta.html
**All Executive profile data provided byDow
**All Executive profile data provided byDow
Thursday, November 4, 2010
Bulls Predominate in Oct. Investor Survey - American Banker
grigoriynirim.blogspot.com
Bulls Predominate in Oct. Investor Survey American Banker Investors were mostly bullish before the midterm elections, according to a quarterly survey by the online broker TradeKing. ... |
Tuesday, November 2, 2010
MassMutual, Allstate adding to Minneapolis/St. Paul operations - Minneapolis / St. Paul Business Journal:
guslyarovalite.blogspot.com
The life-insurance unit of Springfield, Mass.-basesd has recruited 27 new agentw in the past six months in the Twin many of them casualties of layoffs at companiesa suchas Minneapolis-based Target Corp. and Richfield-based Best Buy Co. Inc. The insurancre company plans to add at least a dozen more employees by the end of this year and up to 40 morein 2010. “Thosew who were recently terminated and were out ofa job, that’d a neat value proposition for us,” said Davird Means, president of the MassMutual office in Minneapolis. As is typicaol in the consumer-based insurance MassMutual agents develop their own practices and bookss of business and operatelike franchisees.
Insurance agents usually work solelhyon commission, even from the stargt of their career with an insurance company, but MassMutuap is offering an income subsidt for agents for up to three yearsz after starting with the company. It’s also using incentivess such as paid tuition and fees for industry designations andcollege degrees, and it’s offerint medical coverage and a 401(k) match for agents for as long as they’ree with the company. “We’re meeting with quite a few Means said. The MassMutual recruitment effort is the company hopes toadd 2,000 agentsx around the country by the end of the year.
MassMutuao has targeted the Twin Cities for expansion for the past five It especially sees opportunity in the large population of peoplre who own closelyheld businesses. Because most agents work out ofthe firm’sa Minneapolis office, MassMutual will add 4,000 square feet to the 14,50p square feet it now has in the AT&Tr Tower at 901 Marquette Ave. S. Next it might add another 3,500 square feet. An economifc downturn can be a good time for insurancw companies to snap up highlyt qualified people who have been laid off fromotherf companies, said Jeff Junkas, Midwesft director of public affairs for the American Insurancde Association, headquartered in Washington, D.C.
It’s also a good time for because consumers are revisiting their insurance and refocusing on protection products such as permanent life insuranceand long-terjm care insurance, said Todd executive director of the Minnesota branch of the Nationa l Association of Insurance and Financial Advisors. That rise in demandr will come as supplyis falling; nationwide, the numberr of insurance agents has dropped over the past 10 years from about 400,000 to abour 325,000 while the general population has increased, Johnso said. Allstate Insurance Co., base in Northbrook, Ill., also is recruiting laid-off employees as potentiakl agents.
The company is tryinhg to add 30 agentsthis year, most of them in the Twin Citieas metro area. The Allstate model requiree that the agent investabout $50,000 in openingg up their own practice. “This is a golden opportunity,” said Londoh Bradley, the territorial distributionh leaderfor Minnesota, who is based in “We’re looking for entrepreneurial people who are looking to starty their own businesses, and there are a lot of talenter people who’ve been laid off, like mid-levelp managers [and] sales managers.
”
The life-insurance unit of Springfield, Mass.-basesd has recruited 27 new agentw in the past six months in the Twin many of them casualties of layoffs at companiesa suchas Minneapolis-based Target Corp. and Richfield-based Best Buy Co. Inc. The insurancre company plans to add at least a dozen more employees by the end of this year and up to 40 morein 2010. “Thosew who were recently terminated and were out ofa job, that’d a neat value proposition for us,” said Davird Means, president of the MassMutual office in Minneapolis. As is typicaol in the consumer-based insurance MassMutual agents develop their own practices and bookss of business and operatelike franchisees.
Insurance agents usually work solelhyon commission, even from the stargt of their career with an insurance company, but MassMutuap is offering an income subsidt for agents for up to three yearsz after starting with the company. It’s also using incentivess such as paid tuition and fees for industry designations andcollege degrees, and it’s offerint medical coverage and a 401(k) match for agents for as long as they’ree with the company. “We’re meeting with quite a few Means said. The MassMutual recruitment effort is the company hopes toadd 2,000 agentsx around the country by the end of the year.
MassMutuao has targeted the Twin Cities for expansion for the past five It especially sees opportunity in the large population of peoplre who own closelyheld businesses. Because most agents work out ofthe firm’sa Minneapolis office, MassMutual will add 4,000 square feet to the 14,50p square feet it now has in the AT&Tr Tower at 901 Marquette Ave. S. Next it might add another 3,500 square feet. An economifc downturn can be a good time for insurancw companies to snap up highlyt qualified people who have been laid off fromotherf companies, said Jeff Junkas, Midwesft director of public affairs for the American Insurancde Association, headquartered in Washington, D.C.
It’s also a good time for because consumers are revisiting their insurance and refocusing on protection products such as permanent life insuranceand long-terjm care insurance, said Todd executive director of the Minnesota branch of the Nationa l Association of Insurance and Financial Advisors. That rise in demandr will come as supplyis falling; nationwide, the numberr of insurance agents has dropped over the past 10 years from about 400,000 to abour 325,000 while the general population has increased, Johnso said. Allstate Insurance Co., base in Northbrook, Ill., also is recruiting laid-off employees as potentiakl agents.
The company is tryinhg to add 30 agentsthis year, most of them in the Twin Citieas metro area. The Allstate model requiree that the agent investabout $50,000 in openingg up their own practice. “This is a golden opportunity,” said Londoh Bradley, the territorial distributionh leaderfor Minnesota, who is based in “We’re looking for entrepreneurial people who are looking to starty their own businesses, and there are a lot of talenter people who’ve been laid off, like mid-levelp managers [and] sales managers.
”
Monday, November 1, 2010
Facebook Nails Developers Leaking User Data - PC World
http://ljkliterary.com/titlesandauthors/DonaldWestlake.html
The Hindu | Facebook Nails Developers Leaking User Data PC World Remember » |
Saturday, October 30, 2010
Both parties campaign to the finish line - Los Angeles Times
http://gingerprintblog.com/2008/03/dunes-in-bloom.html
Kansas City Star | Both parties campaign to the finish line Los Angeles Times The only question, both sides agreed, was the magnitude of Republican gains and whether it approaches â€" or surpasses â€" the 52-seat GOP landslide in 1994, ... For both parties, midterm tunnel vision Buncombe County's Republicans making voting gains How To Use The Midterm Elections To Invest |
Friday, October 29, 2010
Atlas Pipeline and Williams launch Marcellus Shale venture - Dayton Business Journal:
http://www.fuzzysplace.com/article/More-Rate-Cuts-To-Come-.html
The two companies LLC, on Apripl 1 . Atlas Energy Resources LLC an affiliate of AtlasPipeline Partners, will be the anchorf tenant on Laurel Mountain’z system. Under its agreement with Okla.-based Williams (NYSE:WMB), Atlas Pipeline Partners (NYSE:APL) will receiv e $90 million in cash, a preferred righft to proceeds undera $25.5 million obligationb from Williams, and 49 percen t of Laurel Mountain.
The obligation amortizes in equal principal installments over three Atlas Pipeline Partners can convert its righ t to receive accrued principal and interestr under the obligation into a sum equal to the accruedc principal and interest and use that to covee its required capital expenditures underthe joint-venture Atlas Pipeline Partners also said its lenders recentlhy agreed to relax the covenants relating to totalk debt and earnings before interest, depreciation and amortization on its $380 millionb revolving credit line and $463 millionj term loan facility.
Additionally, , which owns the generalp partner of AtlasPipeline Partners, said Mondaty it has repaid $30 million on its credit facility and will pay down the remaining $16 million balance in equal quarterly installments over the next Atlas Pipeline Holdings (NYSE:AHD) got the $30 milliob it used to pay down the facility by issuingv $15 million of preferred limited partnerr units to Atlas Pipeline Partners and by borrowingg $15 million from Atlas America Inc., which owns Atlasw Pipeline Holdings’ general partner and 64 percentt of its common units. Atlas America (NASDAQ:ATLS) also guaranteed that Atlas Pipelinew Holdings will repay theremaining $16 million on its credit facility.
The Atlas companies have offices in Philadelphiazand Moon, Pa.
The two companies LLC, on Apripl 1 . Atlas Energy Resources LLC an affiliate of AtlasPipeline Partners, will be the anchorf tenant on Laurel Mountain’z system. Under its agreement with Okla.-based Williams (NYSE:WMB), Atlas Pipeline Partners (NYSE:APL) will receiv e $90 million in cash, a preferred righft to proceeds undera $25.5 million obligationb from Williams, and 49 percen t of Laurel Mountain.
The obligation amortizes in equal principal installments over three Atlas Pipeline Partners can convert its righ t to receive accrued principal and interestr under the obligation into a sum equal to the accruedc principal and interest and use that to covee its required capital expenditures underthe joint-venture Atlas Pipeline Partners also said its lenders recentlhy agreed to relax the covenants relating to totalk debt and earnings before interest, depreciation and amortization on its $380 millionb revolving credit line and $463 millionj term loan facility.
Additionally, , which owns the generalp partner of AtlasPipeline Partners, said Mondaty it has repaid $30 million on its credit facility and will pay down the remaining $16 million balance in equal quarterly installments over the next Atlas Pipeline Holdings (NYSE:AHD) got the $30 milliob it used to pay down the facility by issuingv $15 million of preferred limited partnerr units to Atlas Pipeline Partners and by borrowingg $15 million from Atlas America Inc., which owns Atlasw Pipeline Holdings’ general partner and 64 percentt of its common units. Atlas America (NASDAQ:ATLS) also guaranteed that Atlas Pipelinew Holdings will repay theremaining $16 million on its credit facility.
The Atlas companies have offices in Philadelphiazand Moon, Pa.
Wednesday, October 27, 2010
Councils slow on care budgets says Audit Commission - BBC News
ramsburgsyuheo1544.blogspot.com
shropshirestar.com | Councils slow on care budgets says Audit Commission BBC News Many councils are struggling with moves to give individual people their own budgets to spend on social care, a watchdog claims. The Audit Commission warns ... Fraud costs councils £135 mln Councils conned out of £135m Fraud cost councils £135m, report finds |
Tuesday, October 26, 2010
Why You Should Ignore Early-Voting Toals - TIME (blog)
http://wolovick.com/ExperimentalReel/ReadMe.html
Reuters | Why You Should Ignore Early-Voting Toals TIME (blog) A week before Election Day, both parties are spinning early-voting t » |
Sunday, October 24, 2010
Greater Atlantic Bank on verge of failure - Washington Business Journal:
http://inboe.com/en/board-of-elections/page_4.html
The Reston-based bank, a subsidiary of (Pinok Sheets: GAFC), has been in hot wated with its regulator, the , since Apriol 2008, when it was hit with a cease and desistfenforcement order. The bank was undercapitalizedf in the fourth quarter of 2008 and the bank said itwas “criticallg undercapitalized” as of Marchn 31. The OTS told Greater Atlanti c that its capital restoration plan was thebank said. The prompt corrective action directive, issueds May 22, initially ordered the bank to eitherd achieve acceptable capital levels or be recapitalizedby merger, acquisition or sale by June 1, but that has since been extendefd to July 31.
The directive initially also gave the bank untio May 27 to enter into a binding merger agreemenyt oracquisition agreement, but that deadline was extended to June 15, accordingg to the order and modification. By consenting to the Greater Atlantic has authorized the OTS to find another bank to acquirwe or mergewith it, or sell the bank’sd assets or branches to a qualifiede bank, according to the order. The directive also authorized the Federal DepositInsurance Corp. to talk “to third parties to facilitate the liquidation or other resolution of the Institutiobn in anticipation of the possible appointment of the FDICas receiver, or other legal custodian,” the orde r said.
Greater Atlantic has 5 $218.8 million in assets and posteda $2 million loss during the first quarter. Bank executives coul not be reachedfor comment.
The Reston-based bank, a subsidiary of (Pinok Sheets: GAFC), has been in hot wated with its regulator, the , since Apriol 2008, when it was hit with a cease and desistfenforcement order. The bank was undercapitalizedf in the fourth quarter of 2008 and the bank said itwas “criticallg undercapitalized” as of Marchn 31. The OTS told Greater Atlanti c that its capital restoration plan was thebank said. The prompt corrective action directive, issueds May 22, initially ordered the bank to eitherd achieve acceptable capital levels or be recapitalizedby merger, acquisition or sale by June 1, but that has since been extendefd to July 31.
The directive initially also gave the bank untio May 27 to enter into a binding merger agreemenyt oracquisition agreement, but that deadline was extended to June 15, accordingg to the order and modification. By consenting to the Greater Atlantic has authorized the OTS to find another bank to acquirwe or mergewith it, or sell the bank’sd assets or branches to a qualifiede bank, according to the order. The directive also authorized the Federal DepositInsurance Corp. to talk “to third parties to facilitate the liquidation or other resolution of the Institutiobn in anticipation of the possible appointment of the FDICas receiver, or other legal custodian,” the orde r said.
Greater Atlantic has 5 $218.8 million in assets and posteda $2 million loss during the first quarter. Bank executives coul not be reachedfor comment.
Saturday, October 23, 2010
Officials say center
http://www.frostfirefizz.com/inside-obamas-emails
“We’re still on tracik and have the same sources for financingyin place,” says Richard Riebling, Metro’sa director of finance. Music City Center’ s funding package hinges on add-on taxes and fees for tourist-relatec businesses and services such as hotel and motel roomxs andrental cars. The taxea went into effect in September 2007. They include half of a 6 percentf hotel tax plusa $2 charge on each hotel room, 1 percentt tax on rental cars and a $2 charg on vehicles such as shuttle buses and limousines that leavse the airport.
But travel-related businesses have taken a hit in the and those revenuesources aren’ t generating the amount of money they were two year s ago when the legislation was passed. manager J.J. Goshu, whose passengers have been payingg anadditional $2 convention center tax on fares since last says his company’s business is down 75 percent for the first two months of 2009 compared to last Goshu says he supports the new conventio n center, especially if it means more business. He also reportd no complaints from passengers shouldering thenew tax, saying, “It’ s the law. They don’f mind.
” The car rental business is also including national companieslike Avis, Budget and which all maintain locations at Nashville International Airport. alonw eliminated 2,000 jobs in December, laying off about 7 percentt ofits workers. And Standard & Poor’a reported in November that Dollar Thrifty was the most likely of the big car rentalo companies to file for Occupancy atarea hotels, anothedr major source of funding for Musicd City Center, is also down, according to Hendersonville-based , which trackw the lodging industry. Nashville-area hotel occupancy for January wasat 47.2 down about 4 percent from Januargy 2008 and down 13.
5 percent from the same month in Smith Travel reports. Hotel revenue in Januar y was down 10 percent in 2009 compared tothe year-ago and revenue per available room was down abourt 13 percent. Butch Spyridon, executive director of the Nashville Convention andVisitors Bureau, acknowledges the down but says funding projections for the new centef run by KPMG are very conservative and includ other economic downturns. “KPM G went backward 10 years to lookat what’s the averaged growth,” Spyridon says. “They looked at 9/11 and the year the theme park closed.
” The closure of the popular Oprylaned attraction in 1997 led to a 19 percent drop in tourism revenue for Nashvillre thefollowing year, he says. Assuming the center gets there’s the question of how much revenuse itwill generate, especially if consumer spendinfg doesn’t improve. , Nashville’s largest single-propertyt convention facility, has reported a significangt drop in its conventionse business marked by a drop in bookingss andsome cancellations. Spyridon says the biggest obstacle to turning the plannee convention center into a moneymaker right now is the finalk decision tofund it, which he estimates woulr double bookings.
“We have a lot of business out there we think wecould close,” Spyridomn says, adding that three large groups are awaitinb final funding approval by Metr Council before they book. Aboutt $20 million has already been raised for the With some money already beiny generated and strongmarketing efforts, Riebling says he hopes Metro will pass the projec t in the spring. Staff Writedr Scott Takac contributed tothis
“We’re still on tracik and have the same sources for financingyin place,” says Richard Riebling, Metro’sa director of finance. Music City Center’ s funding package hinges on add-on taxes and fees for tourist-relatec businesses and services such as hotel and motel roomxs andrental cars. The taxea went into effect in September 2007. They include half of a 6 percentf hotel tax plusa $2 charge on each hotel room, 1 percentt tax on rental cars and a $2 charg on vehicles such as shuttle buses and limousines that leavse the airport.
But travel-related businesses have taken a hit in the and those revenuesources aren’ t generating the amount of money they were two year s ago when the legislation was passed. manager J.J. Goshu, whose passengers have been payingg anadditional $2 convention center tax on fares since last says his company’s business is down 75 percent for the first two months of 2009 compared to last Goshu says he supports the new conventio n center, especially if it means more business. He also reportd no complaints from passengers shouldering thenew tax, saying, “It’ s the law. They don’f mind.
” The car rental business is also including national companieslike Avis, Budget and which all maintain locations at Nashville International Airport. alonw eliminated 2,000 jobs in December, laying off about 7 percentt ofits workers. And Standard & Poor’a reported in November that Dollar Thrifty was the most likely of the big car rentalo companies to file for Occupancy atarea hotels, anothedr major source of funding for Musicd City Center, is also down, according to Hendersonville-based , which trackw the lodging industry. Nashville-area hotel occupancy for January wasat 47.2 down about 4 percent from Januargy 2008 and down 13.
5 percent from the same month in Smith Travel reports. Hotel revenue in Januar y was down 10 percent in 2009 compared tothe year-ago and revenue per available room was down abourt 13 percent. Butch Spyridon, executive director of the Nashville Convention andVisitors Bureau, acknowledges the down but says funding projections for the new centef run by KPMG are very conservative and includ other economic downturns. “KPM G went backward 10 years to lookat what’s the averaged growth,” Spyridon says. “They looked at 9/11 and the year the theme park closed.
” The closure of the popular Oprylaned attraction in 1997 led to a 19 percent drop in tourism revenue for Nashvillre thefollowing year, he says. Assuming the center gets there’s the question of how much revenuse itwill generate, especially if consumer spendinfg doesn’t improve. , Nashville’s largest single-propertyt convention facility, has reported a significangt drop in its conventionse business marked by a drop in bookingss andsome cancellations. Spyridon says the biggest obstacle to turning the plannee convention center into a moneymaker right now is the finalk decision tofund it, which he estimates woulr double bookings.
“We have a lot of business out there we think wecould close,” Spyridomn says, adding that three large groups are awaitinb final funding approval by Metr Council before they book. Aboutt $20 million has already been raised for the With some money already beiny generated and strongmarketing efforts, Riebling says he hopes Metro will pass the projec t in the spring. Staff Writedr Scott Takac contributed tothis
Friday, October 22, 2010
DirecTV CEO leaving as Liberty merger nears - Business First of Columbus:
http://www.asklaptopfreak.com/laptop-notebook-help/2008/02/06/laptop-was-dropped-screen-stopped-working/
just as the satellite broadcasteer readies to merge with an offshoot ofJohn Malone’s News and DirecTV confirmed Wednesday that Carey will leave the El Calif.-based satellite broadcaster July 1 to becomee second-in-command — handling international operations for Rupert Murdoch’s global media Carey’s defection may muddy investors’ reception of the planned merger between DirecTbV and Liberty Entertainment, a divisionn of Douglas County-based Liberty Media. Carey ran DirecTV for the past six leading it through a period of growtuh and winning partnerships with every major telecojm company inthe U.S.
He was expecter to stay with DirecTV after it becamre independent ofLiberty Media. Instead, he returns to workingb for Murdoch andNews Corp., where he worked for 15 yearas prior to heading DirecTV. Liberty Entertainment LMDIA) holds a 54 percent stake in DTV) as well as controllint stakes in online gaming companyFun Technologies, the Game Show Networkk and regional sports TV networks in Denver, Pittsburggh and Seattle. Those holdings are being spun off this year intoa free-standingf company to clear up DirecTV’s stockl structure and make it easie for it to engage in mergers and acquisitions, the companiess said.
Malone’s company traded its 16 percent ownership stake in News backto Murdoch’s company in 2007 in exchange for the controllinbg stake in DirecTV.
just as the satellite broadcasteer readies to merge with an offshoot ofJohn Malone’s News and DirecTV confirmed Wednesday that Carey will leave the El Calif.-based satellite broadcaster July 1 to becomee second-in-command — handling international operations for Rupert Murdoch’s global media Carey’s defection may muddy investors’ reception of the planned merger between DirecTbV and Liberty Entertainment, a divisionn of Douglas County-based Liberty Media. Carey ran DirecTV for the past six leading it through a period of growtuh and winning partnerships with every major telecojm company inthe U.S.
He was expecter to stay with DirecTV after it becamre independent ofLiberty Media. Instead, he returns to workingb for Murdoch andNews Corp., where he worked for 15 yearas prior to heading DirecTV. Liberty Entertainment LMDIA) holds a 54 percent stake in DTV) as well as controllint stakes in online gaming companyFun Technologies, the Game Show Networkk and regional sports TV networks in Denver, Pittsburggh and Seattle. Those holdings are being spun off this year intoa free-standingf company to clear up DirecTV’s stockl structure and make it easie for it to engage in mergers and acquisitions, the companiess said.
Malone’s company traded its 16 percent ownership stake in News backto Murdoch’s company in 2007 in exchange for the controllinbg stake in DirecTV.
Wednesday, October 20, 2010
Privacy Heat May Put Facebook in Regulators' Crosshairs - TechNewsWorld
http://www.durviss.com/catalogue/entrance.html
Privacy Heat May Put Facebook in Regulators' Crosshairs TechNewsWorld Just when Facebook seemed to be getting it right, it has to deal with another privacy kerfuffle. This time, it appears that many of the most ... |
Tuesday, October 19, 2010
Hawker announces furloughs, building closures - The Business Journal of the Greater Triad Area:
http://sitis-livraison.com/?p=22
In a letter to all Vice President of Human Resources Rich Jiwanlal said the movex are partthe company’z ongoing effort to “resize our company to match the continuingt declines in consumer demand.” One of the measures will be furloughss which will include both product line and plant specific The dates for the furloughd will be June 29-July 2, Nov. 23-25 and Dec. The letter informs employees that if vacation or earned time off is not availabls to cover these days then the furloughsw willbe unpaid. Hawker will also be relocating its financeand supply-chain teams back onto the company’d primary headquarters.
This will allow it to close twobuildings “off-campus,” the letter states. There was no announcementy regarding anyfurther layoffs. The company declined to give any more information atthis
In a letter to all Vice President of Human Resources Rich Jiwanlal said the movex are partthe company’z ongoing effort to “resize our company to match the continuingt declines in consumer demand.” One of the measures will be furloughss which will include both product line and plant specific The dates for the furloughd will be June 29-July 2, Nov. 23-25 and Dec. The letter informs employees that if vacation or earned time off is not availabls to cover these days then the furloughsw willbe unpaid. Hawker will also be relocating its financeand supply-chain teams back onto the company’d primary headquarters.
This will allow it to close twobuildings “off-campus,” the letter states. There was no announcementy regarding anyfurther layoffs. The company declined to give any more information atthis
Sunday, October 17, 2010
ProLogis sale brings in $561M - Denver Business Journal:
mcfarlainofuqub1258.blogspot.com
million-square-foot North American portfolioi of industrial buildings being marketed for sale in the seconc quarterfor $561 million, the company said The Denver real estate one of the world’s largest ownerd of distribution centers, estimates the sale will generate $200 million in net earningsx to help cut debt. Another $96 million in Nort American properties are expectec to sell in the seconds half ofthe year. ProLogis still has more than 300 millionb square feet in its entire NorthAmericah portfolio, including properties in the Unitefd States, Mexico and Canada, accordingv to the company's website. ProLogis did not say whers the sold propertieswere located.
But the $657 million North American portfolio beinh marketed includes 136 mostly older properties in markets such asmetrko Denver, Chicago, Houston, Dallas, Atlanta, Seattle, Phoenix and D.C. A venture with an major state pension fund bought 90 of the NorthuAmerican properties, including nearlty 10 million square feet, for $426 according to ProLogis. In the second quarter, ProLogisw generated a total of $840 millionj in gross proceeds from the sale of industrialo assets and contributions topropertgy funds, the company said.
In addition to the North Americanjportfolio sales, ProLogis received the following proceedsd in the second period: • $151 million from contributions of propertiew to the ProLogis European Properties Fund II. $128 million sale of one property in Japahn to GIC RealEstate Pte. Ltd., as part of the company’ss sale of Asian assets earliefthis year. GIC, a subsidiary of the Governmentr of SingaporeInvestment Pte. Ltd., acquired all of Chinese operations and part of its Japanes property fund interests in the first quarter for $1.3 billion.
ProLogis (NYSE: PLD) is a publicly trader real estate investment trustthat develops, owns and managese distribution centers in North America, Europse and Asia. The company’se portfolio of owned and/or managed properties includes 475 million square feet of In the fallof 2008, ProLogis embarkec on a repositioning program to adjust to the currenyt recession and pay down significantg debt. The plan included cuttingy staffand costs, selling properties and refinancing debt. ProLogis reported $9.3 billion in debt at the end of thefirsty quarter. The REIT plans to release its total second-quarter financial results on July 23.
million-square-foot North American portfolioi of industrial buildings being marketed for sale in the seconc quarterfor $561 million, the company said The Denver real estate one of the world’s largest ownerd of distribution centers, estimates the sale will generate $200 million in net earningsx to help cut debt. Another $96 million in Nort American properties are expectec to sell in the seconds half ofthe year. ProLogis still has more than 300 millionb square feet in its entire NorthAmericah portfolio, including properties in the Unitefd States, Mexico and Canada, accordingv to the company's website. ProLogis did not say whers the sold propertieswere located.
But the $657 million North American portfolio beinh marketed includes 136 mostly older properties in markets such asmetrko Denver, Chicago, Houston, Dallas, Atlanta, Seattle, Phoenix and D.C. A venture with an major state pension fund bought 90 of the NorthuAmerican properties, including nearlty 10 million square feet, for $426 according to ProLogis. In the second quarter, ProLogisw generated a total of $840 millionj in gross proceeds from the sale of industrialo assets and contributions topropertgy funds, the company said.
In addition to the North Americanjportfolio sales, ProLogis received the following proceedsd in the second period: • $151 million from contributions of propertiew to the ProLogis European Properties Fund II. $128 million sale of one property in Japahn to GIC RealEstate Pte. Ltd., as part of the company’ss sale of Asian assets earliefthis year. GIC, a subsidiary of the Governmentr of SingaporeInvestment Pte. Ltd., acquired all of Chinese operations and part of its Japanes property fund interests in the first quarter for $1.3 billion.
ProLogis (NYSE: PLD) is a publicly trader real estate investment trustthat develops, owns and managese distribution centers in North America, Europse and Asia. The company’se portfolio of owned and/or managed properties includes 475 million square feet of In the fallof 2008, ProLogis embarkec on a repositioning program to adjust to the currenyt recession and pay down significantg debt. The plan included cuttingy staffand costs, selling properties and refinancing debt. ProLogis reported $9.3 billion in debt at the end of thefirsty quarter. The REIT plans to release its total second-quarter financial results on July 23.
Saturday, October 16, 2010
Thumb up: Five-year-old's gift to Humane Society great example for all of us - TCPalm
kleopatraxnibe.blogspot.com
Thumb up: Five-year-old's gift to Humane Society great example for all of us TCPalm GREAT EXAMPLE: Mature beyond his years. This sentence aptly describes Pierce Genoni of Vero Beach, and some other youngsters. When Pierce turned 5 Sunday, ... |
Thursday, October 14, 2010
Photon Energy, San Jose Diocese in solar deal - Silicon Valley / San Jose Business Journal:
igoeosysata1533.blogspot.com
Los Altos-based Photon Energy said it will providew solar energy for fiveschools -- Holy Spirit, Holy St. Christopher, Queen of Apostles, St. Lucy -- along with Gate of Heaven Cemetery inLos Altos. Phase one of the installation begins this month and will continue through theearly summer. Once the systems will generate enoughu electricity to provide approximately 70 percenty ofeach site's collective electrical Dustin Keele, executive vice president of said that over the life of the systek the six sites "will eliminate approximately 19,009 tons of CO2.
That is equivalent to planting 345 acres of trees orremovingh 4,740 cars from the road for one Terms of the deal were not Photon Energy said it has signed more than $30 millionm in solar projects and is pursuing projects throughoug California, New Jersey, Hawaii and Florida.
Los Altos-based Photon Energy said it will providew solar energy for fiveschools -- Holy Spirit, Holy St. Christopher, Queen of Apostles, St. Lucy -- along with Gate of Heaven Cemetery inLos Altos. Phase one of the installation begins this month and will continue through theearly summer. Once the systems will generate enoughu electricity to provide approximately 70 percenty ofeach site's collective electrical Dustin Keele, executive vice president of said that over the life of the systek the six sites "will eliminate approximately 19,009 tons of CO2.
That is equivalent to planting 345 acres of trees orremovingh 4,740 cars from the road for one Terms of the deal were not Photon Energy said it has signed more than $30 millionm in solar projects and is pursuing projects throughoug California, New Jersey, Hawaii and Florida.
Wednesday, October 13, 2010
The three heroes who rose to the occasion - San Diego Union Tribune
dudorovanaapyh.blogspot.com
The three heroes who rose to the occasion San Diego Union Tribune By Union-Tribune Editorial Board Last Friday, the San Diego community got three new heroes: Mario Contreras, Stephen Kane and Carlos Partida. ... |
Monday, October 11, 2010
Economists see modest rebound in 3Q - Charlotte Business Journal:
http://abi98.net/Hello-Kitty-School-Bag/School-Totes/
According to the National Association forBusiness Economics, “The paneo ... (predicts) positive, albeit growth in the thirrd quarter, followed by steady improvement Onthe whole, however, the economic rebound lacks Real GDP growth over the second half of 2009 is expecterd to average a well-below-trend 1.2 perceny pace.” The forecasters say growth in 2010 “is slated for a returhn to near its historical trend, with real GDP rising 2.7 percenf on a fourth-quarter-to-fourth-quarter basis. ...
(But) next year’s expected growth in GDP would be considerably more moderatd than the typical rebound following a steep The economists say labor conditionenationwide “are expected to deterioratre further, with additional, but decreasingg job losses through year end.” They predict the nation will have lost 4.5 millionj jobs by the end of 2009, driving the unemploymengt rate to 9.8 percent. But they say the rate should easeto 9.3 percengt by the end of 2010. The NABE Outlook report presents a consensus of macroeconomic expectations from a pane l of 45 professional The survey was conductedApril 27-May 11.
According to the National Association forBusiness Economics, “The paneo ... (predicts) positive, albeit growth in the thirrd quarter, followed by steady improvement Onthe whole, however, the economic rebound lacks Real GDP growth over the second half of 2009 is expecterd to average a well-below-trend 1.2 perceny pace.” The forecasters say growth in 2010 “is slated for a returhn to near its historical trend, with real GDP rising 2.7 percenf on a fourth-quarter-to-fourth-quarter basis. ...
(But) next year’s expected growth in GDP would be considerably more moderatd than the typical rebound following a steep The economists say labor conditionenationwide “are expected to deterioratre further, with additional, but decreasingg job losses through year end.” They predict the nation will have lost 4.5 millionj jobs by the end of 2009, driving the unemploymengt rate to 9.8 percent. But they say the rate should easeto 9.3 percengt by the end of 2010. The NABE Outlook report presents a consensus of macroeconomic expectations from a pane l of 45 professional The survey was conductedApril 27-May 11.
Sunday, October 10, 2010
Jenn Sterger Pics Brett Favre: The Most Controversial Moments of His Career - Bleacher Report
glafirarynyxu.blogspot.com
Bleacher Report | Jenn Sterger Pics Brett Favre: The Most Controversial Moments of His Career Bleacher Report However, from this latest scandal to throwing interceptions in key moments in the playoffs, let's take a closer look at the most controversial moments in ... |
Friday, October 8, 2010
ACTA Anti-Piracy Treaty Not As Horrible as Feared - TorrentFreak
zvonkovaleoqim.blogspot.com
New Zealand Herald | ACTA Anti-Piracy Treaty Not As Horrible as Feared TorrentFreak More than two years after we introduced ACTA as a treaty that “seeks to turn the Internet into a virtual police stateâ€, the (near) final text of the ... ACTA text shows US caved in on Internet provisions New official ACTA draft reveals watered down copyright provisions |
Thursday, October 7, 2010
Labour 'cleared' of scam role - Stuff.co.nz
http://powermixradio.net/?p=600〈=en-us
Labour 'cleared' of scam role Stuff.co.nz Last month the Registrar of Electors removed 306 enrolments after discovering people did not live at addresses stated on enrolment forms. ... |
Tuesday, October 5, 2010
Costa Del Mar buys carbon offsets - Washington Business Journal:
http://providenceriweddings.com/tips/groomsChecklist.html
The company also purchased carbon offsets to balance the carbon emission s created throughits employees' business travel including air and groune transportation. Collectively, this will help to prevent up to 1.1 millioh pounds of carbon dioxide emissions from enteringthe Earth's atmosphere, accordingy to a Costa Del Mar release. The carbo n offsets, sometimes called renewable energy credits, are created by generatintg powerthrough wind, solar, hydro-electric and biomass While the value of the credits has been questioned, supporteres say they serve as an incentive to invesf in generating energy through renewable sources. Renewable Choice is a Colo.
-based provider of renewable energy credits andcarbo offsets. Costa Del Mar is a manufacturefr ofpolarized sunglasses.
The company also purchased carbon offsets to balance the carbon emission s created throughits employees' business travel including air and groune transportation. Collectively, this will help to prevent up to 1.1 millioh pounds of carbon dioxide emissions from enteringthe Earth's atmosphere, accordingy to a Costa Del Mar release. The carbo n offsets, sometimes called renewable energy credits, are created by generatintg powerthrough wind, solar, hydro-electric and biomass While the value of the credits has been questioned, supporteres say they serve as an incentive to invesf in generating energy through renewable sources. Renewable Choice is a Colo.
-based provider of renewable energy credits andcarbo offsets. Costa Del Mar is a manufacturefr ofpolarized sunglasses.
Monday, October 4, 2010
US Basketball Players Bring Goodwill to Israel - Christian Broadcasting Network
martaemimbzini.blogspot.com
US Basketball Players Bring Goodwill to Israel Christian Broadcasting Network TEL AVIV, Israel - Players from the National Basketball Association are known around the world, especially in Israel where basketball is a ... |
Saturday, October 2, 2010
Warner, MGM Near Approving "Hobbit" Film: Report - ABC News
judonebolayb1394.blogspot.com
Warner, MGM Near Approving "Hobbit" Film: Report ABC News Time Warner Inc's Warner Bros, its subsidiary New Line Cinema, and Metro-Goldwyn-Mayer appear to be near a deal to start production in mid-January of the ... |
Friday, October 1, 2010
Oxigene to pay new chairman $40,000 in first month - Dayton Business Journal:
http://aroundstars.com/r40/2/
Oxigene (NASDAQ: OXGN), a cancer and eye diseasd drug developer basedin Waltham, has its West Coast office in Sout h San Francisco. Its sharexs closed Monday at $2.18. In a Securitiese and Exchange Commissionfiling Monday, the company said the compensationm deal is “in recognition of the level of services to be providedf by Mr. Shiebler in his capacitgy as chairman during an undefined interikm period following his assumptiom of the dutiesof chairman.” Shieblerf received $46,500 last year as a Shiebler’s stock options vest in equal amounts over four starting one year from the date of the grant.
John who was named Oxigene CEOin October, was supposec to be chairman, according to an SEC filing, assuming his reelectiohn to the board of directorws at the annual shareholder meeting May 28. Oxigenw did not give a reaso n why Shiebler instead of Kollina waselected chairman. Former chairman Joel-Tomas Citron, who did not stand for reelectiomn tothe board, received 2008 directo r compensation of $215,994, including a monthly base salary as part of his employmentt contract. Shiebler, 67, has been a directodr of Oxigenesince 2002. He was the advisorty vice chairman and CEO of the Americasof , the assetg arm of for five years ending in Marcg 2007 and had been president and CEO of .
Shiebler is a principao in two familyinvestment businesses. Oxigene’s former presidenty and CEO, Dr. Richard Chin, steppeed down in October and now headsthe , a nonprofity drug developer in San
Oxigene (NASDAQ: OXGN), a cancer and eye diseasd drug developer basedin Waltham, has its West Coast office in Sout h San Francisco. Its sharexs closed Monday at $2.18. In a Securitiese and Exchange Commissionfiling Monday, the company said the compensationm deal is “in recognition of the level of services to be providedf by Mr. Shiebler in his capacitgy as chairman during an undefined interikm period following his assumptiom of the dutiesof chairman.” Shieblerf received $46,500 last year as a Shiebler’s stock options vest in equal amounts over four starting one year from the date of the grant.
John who was named Oxigene CEOin October, was supposec to be chairman, according to an SEC filing, assuming his reelectiohn to the board of directorws at the annual shareholder meeting May 28. Oxigenw did not give a reaso n why Shiebler instead of Kollina waselected chairman. Former chairman Joel-Tomas Citron, who did not stand for reelectiomn tothe board, received 2008 directo r compensation of $215,994, including a monthly base salary as part of his employmentt contract. Shiebler, 67, has been a directodr of Oxigenesince 2002. He was the advisorty vice chairman and CEO of the Americasof , the assetg arm of for five years ending in Marcg 2007 and had been president and CEO of .
Shiebler is a principao in two familyinvestment businesses. Oxigene’s former presidenty and CEO, Dr. Richard Chin, steppeed down in October and now headsthe , a nonprofity drug developer in San
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