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The company has been in the processw of liquidating for the pastsix months, said Ian director of Cumbre’s board of “There is really no story for us to Trumpower said by phone on “The company gave it go — and it didn’ty work — and it There isn’t much there.” The companh dissolved a week ago, Trumpowet said. “Its assets have been distributed to itssecurefd creditors, and the company essentiallyg doesn’t exist anymore,” he said.
In the past four a small trail of litigation involving the leases for its former headquarters has been practicallu the only evidenceof Dallas-based Cumbre’s Parker Viceroy LP filed a lawsuit in February in Dallas Countuy district court against Cumbre for the amounyt owed on the lease of its about 23,000 square feet buildingy at 1502 Viceroy Drive in Dallas. “They (Cumbre) did abandon the premise and didn’t pay rent,” said Eric an attorney representingParker Viceroy. “I don’t know what happened with the employees atthis point, and it’s our sense that the compan is being dissolved.
We are in the infantt stages of a lawsuit anddiscovery — so we don’t know what happenee yet.” According to court documents, Cumbre’sx six-year lease in that location started in October 2001 and was extended in October 2007, when the originalp lease ended. Cumbre signed onto a three-year extension from Novembefr 2007to Oct. 31, 2010. But Cumbre stoppef paying its rentin January, and it has not paid the ad valoremm taxes for 2008 for the Wood said. According to courtg documents, Cumbre owes Parker Viceroy abourt $31,500 in ad valorum taxes and about $362,90p in rent, as well as to cover the entire leasing agreemengthrough 2010.
Base monthly rent of the facilitywas $18,14r per month. Cumbre’s attorney, Jeffrey Kitner, declined to comment. Kitner is with the law firm LLP. Parket Viceroy also names promineny Dallas businessman and philanthropisyt Morton Meyerson inthe lawsuit. Meyerson was a guarantod of the company’s lease through Oct. 31, 2008, Wood Parker Viceroy claims that Meyerson is responsible for the pro rata portionm of ad valorem taxesfrom Jan. 1, to Oct. 31, 2008, which amounts to abou $26,282, according to court Meyerson has filed a countersuit denying Parker Viceroy’s claims. Meyersohn and his attorneys could not be reacheddfor comment.
Cumbre, which spun off from San Francisco-basesd in February 2001, appeared to have a promisinh future when it first gotits start. The new biotechology company, after receiving $26 million in second-roun funding in September 2001, announced plans to develop capabilitiesin chemistry, biology and drug-screeningg technology, focusing on antibacterial and antifungal drug developments. It said at the time it wouls be expandingits 12-person work force to 30 by the end of according to a previous story by the Dallaa Business Journal. That additional financinf in 2001 came from Pharma Vision AG of Switzerland andVulcan Inc. of Seattle.
Then, in Septembet 2007, Cumbre secured additional capital financing that woule allow the privately held biopharmaceutical company to focus on the discoverh and development of antibacterial The financing was provided by memberse of its existing investor according to a company announcemengt on thefinancing round. The announcement named the followintg investors: David Goeddel, a managing partner at San Francisco-basesd , who was a co-founder of Steven McKnight, distinguished chaidr in basic biomedical research at the at whoalso co-founded Cumbre and William Rieflin at Santa Calif.-based Xenoport Inc.
, and Morton who is a former chairman and CEO of and currently chairman and CEO of 2M Companiees Inc, a Dallas private investment Cumbre said the capital injection, whose amount was would help it to develop and commercialized a new antibiotic called that it hoped would “address the critical unmet needs in combatingt chronic and hard-to-treat bacterial infections, especiallyy those involving drug resistant strains,” said Michael Bakes, who was then actinb president of Cumbre. Bakes coulfd not be reached for comment.
When asked abourt that the future for its drug developmenty andtechnology was, Trumpowedr said simply, “there is just no market for the intellectual He declined to elaborate further. That Cumbres was “another casualty of the economyu is probably a good synopsis of what he said.
Friday, November 30, 2012
Tuesday, November 27, 2012
Wisconsin remains in middle of obesity rankings - The Business Journal of Milwaukee:
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Wisconsin saw its adult obesity raterise 0.5 percentage pointws to 26 percent. The state had slid in the nationalp rankings from 22ndin 2007. The report, now in its sixthy year, is titled "F as in Fat: How Obesitu Policies Are Failing In America andcastigates federal, state and local governmentsw for poor or patchwork policiexs aimed at curbing obesity. "Our health care costa have grown along with our waist saidJeff Levi, executive director of Trust for America'sw Health. "The obesity epidemic is a big contributor to the skyrocketinbg health care costs in theUnited States.
How are we goinfg to compete with the rest of the worlxd if our economy and work force are weighed down by bad Mississippi had the highesyt rate of adult obesityat 32.5 making it the fifth year in a row that the states topped the list. Four states now have rates abovwe30 percent, including Mississippi, Alabama (31.q2 percent), West Virginia (31.1 percent) and Tennesse (30.2 percent). Eight of the 10 statea with the highest percentage of obese adults are in the Colorado continued to have the lowesty percentage of obese adultsat 18.9 Mississippi also had the highesy rate of obese and overweightr children (ages 10 to 17) at 44.4 percent. Minnesot and Utah had the lowest rateat 23.
1 Wisconsin fared among the better states, rankinyg 40th with a childhood obesity rate of 27.9 Eight of the 10 states with the highestr rates of obese and overweighr children are in the South. Childhood obesity rates have more than tripledxsince 1980.
Wisconsin saw its adult obesity raterise 0.5 percentage pointws to 26 percent. The state had slid in the nationalp rankings from 22ndin 2007. The report, now in its sixthy year, is titled "F as in Fat: How Obesitu Policies Are Failing In America andcastigates federal, state and local governmentsw for poor or patchwork policiexs aimed at curbing obesity. "Our health care costa have grown along with our waist saidJeff Levi, executive director of Trust for America'sw Health. "The obesity epidemic is a big contributor to the skyrocketinbg health care costs in theUnited States.
How are we goinfg to compete with the rest of the worlxd if our economy and work force are weighed down by bad Mississippi had the highesyt rate of adult obesityat 32.5 making it the fifth year in a row that the states topped the list. Four states now have rates abovwe30 percent, including Mississippi, Alabama (31.q2 percent), West Virginia (31.1 percent) and Tennesse (30.2 percent). Eight of the 10 statea with the highest percentage of obese adults are in the Colorado continued to have the lowesty percentage of obese adultsat 18.9 Mississippi also had the highesy rate of obese and overweightr children (ages 10 to 17) at 44.4 percent. Minnesot and Utah had the lowest rateat 23.
1 Wisconsin fared among the better states, rankinyg 40th with a childhood obesity rate of 27.9 Eight of the 10 states with the highestr rates of obese and overweighr children are in the South. Childhood obesity rates have more than tripledxsince 1980.
Monday, November 26, 2012
Nonprofits brace for budget emergency aftershocks, IOUs - Business Courier of Cincinnati:
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While service providers don’t yet know whethe r they’ll receive IOUs — or what the amounts will be Sparky Harlan, CEO of the in Santaw Clara, is prepared for the worst. “Wew receive about $400,000 in state Harlan said. “We’re already accustomed to getting money from the statrlate — last year, for example, it took untilk December before we finally got paid.” For this year and last year the centerd has relied on a $150,00o line of credit through to cover the gap, alongv with $500,000 out of its reserve The center’s operating budget is $10 million for fiscal 2009-10.
The money that may be on hold from thestatd covers, in part, the center’s shelter and drop-inb program, street outreach, and parenting classes. “Thew problem right now is thatwe don’t know for certainn how much they’re going to hold said Harlan, who has been with the center for 26 “But this is by far the worst I’ved ever seen.” In anticipation of the state’s budgeft problems, 10 percent cuts have alreadyg been planned for foster-cared payments. Locally there are 300 to 400 kids infostedr care.
Foster care rates are the same acrossxthe state, so families in high-cost areas such as the Bay Area get the same amounr of compensation as people in more affordablwe places. “We’re fronting half a million dollars she said. It’s a layered problem for the since in addition to state money some comes from the federalp Housing and UrbanDevelopment department. And Harlan said HUD is so slow it can take up to six monthws for payments tobe received. “We’re hopinh to get paid by July,” she said. “Nonprofits are just gettinh slammed.
” Harlan said the Bill Wilson Centerf has closed down two programs already and cut abou 15 percent ofits staff, leaving aboug 110 employees. These are real she pointed out — not attrition or open jobs and “heartbreaking” to do. “We had to give one stafg person a layoff notice and a week later his wife was laid off fromanothe nonprofit,” she said. in Campbell gets about $500,0009 a year from the state for its AIDS CFO Ira Holtzman said the agency is largde enough and financially stable enough that he would just book an IOU as accountsa receivable and hope the moneh camethrough eventually.
The Health Trust’s budget for fiscal year 2010 is morethan $16 Holtzman said. Pam Brandin, executivd director of and Visually Impaired, which has offices in Palo Alto andSantaw Cruz, said that even thouggh her agency provides the kind of servicese that are especially at risk in State Controlled John Chiang’s plan, the Vista Cented is relatively safe. “We receives money through Title 7 Chapter2 services,” Brandin “Since much of our funding is federal money we’re hoping that it has to be released and passedc on; the state won’t be allowed to hold on to it.” The Vistz Center also has school contracts through special education funding.
“Last year when the statre had similar budget issueswe didn’t receive any IOUs,” she said, “bugt that situation was resolvedf sooner than this appears to be. The agencies that receive IOUsprobabluy won’t even know they’re coming until they submir their bills.” She’s also banking on Vista Center’s statud as a preferred vendor with the state, “s we’ll be paid in advance of othee vendors — if in fact the state is even writing Lisa Hendrickson, president & CEO of Avenidas Rose Kleiner Senior Day Healthy Center in Palo Alto, is also cautiouslg optimistic.
“The only funds we receivew from the state are MediCal payments for servicea provided at our adult daycare she said. “Our understanding is that those services are protected by the state constitution as well asfederap law. We do receive fundin g indirectly throughthe county, but we don’ty expect that to be affected.” Tom Kinoshita, public policy directord of the , said people are on pins and “Everyone’s sitting around waiting, not knowing what’sw going to happen.
But even with the most optimisticdoutcome it’s still going to be very He pointed out that the deficirt last year for Santa Clara County was more than $270 million, and many of the cuts were made in programs around health, mental health, drugs and alcoholp and social services. And there’s no reliecf on the horizon: For 2011 the countyt is looking at a deficit ofabouft $250 million, he said.
While service providers don’t yet know whethe r they’ll receive IOUs — or what the amounts will be Sparky Harlan, CEO of the in Santaw Clara, is prepared for the worst. “Wew receive about $400,000 in state Harlan said. “We’re already accustomed to getting money from the statrlate — last year, for example, it took untilk December before we finally got paid.” For this year and last year the centerd has relied on a $150,00o line of credit through to cover the gap, alongv with $500,000 out of its reserve The center’s operating budget is $10 million for fiscal 2009-10.
The money that may be on hold from thestatd covers, in part, the center’s shelter and drop-inb program, street outreach, and parenting classes. “Thew problem right now is thatwe don’t know for certainn how much they’re going to hold said Harlan, who has been with the center for 26 “But this is by far the worst I’ved ever seen.” In anticipation of the state’s budgeft problems, 10 percent cuts have alreadyg been planned for foster-cared payments. Locally there are 300 to 400 kids infostedr care.
Foster care rates are the same acrossxthe state, so families in high-cost areas such as the Bay Area get the same amounr of compensation as people in more affordablwe places. “We’re fronting half a million dollars she said. It’s a layered problem for the since in addition to state money some comes from the federalp Housing and UrbanDevelopment department. And Harlan said HUD is so slow it can take up to six monthws for payments tobe received. “We’re hopinh to get paid by July,” she said. “Nonprofits are just gettinh slammed.
” Harlan said the Bill Wilson Centerf has closed down two programs already and cut abou 15 percent ofits staff, leaving aboug 110 employees. These are real she pointed out — not attrition or open jobs and “heartbreaking” to do. “We had to give one stafg person a layoff notice and a week later his wife was laid off fromanothe nonprofit,” she said. in Campbell gets about $500,0009 a year from the state for its AIDS CFO Ira Holtzman said the agency is largde enough and financially stable enough that he would just book an IOU as accountsa receivable and hope the moneh camethrough eventually.
The Health Trust’s budget for fiscal year 2010 is morethan $16 Holtzman said. Pam Brandin, executivd director of and Visually Impaired, which has offices in Palo Alto andSantaw Cruz, said that even thouggh her agency provides the kind of servicese that are especially at risk in State Controlled John Chiang’s plan, the Vista Cented is relatively safe. “We receives money through Title 7 Chapter2 services,” Brandin “Since much of our funding is federal money we’re hoping that it has to be released and passedc on; the state won’t be allowed to hold on to it.” The Vistz Center also has school contracts through special education funding.
“Last year when the statre had similar budget issueswe didn’t receive any IOUs,” she said, “bugt that situation was resolvedf sooner than this appears to be. The agencies that receive IOUsprobabluy won’t even know they’re coming until they submir their bills.” She’s also banking on Vista Center’s statud as a preferred vendor with the state, “s we’ll be paid in advance of othee vendors — if in fact the state is even writing Lisa Hendrickson, president & CEO of Avenidas Rose Kleiner Senior Day Healthy Center in Palo Alto, is also cautiouslg optimistic.
“The only funds we receivew from the state are MediCal payments for servicea provided at our adult daycare she said. “Our understanding is that those services are protected by the state constitution as well asfederap law. We do receive fundin g indirectly throughthe county, but we don’ty expect that to be affected.” Tom Kinoshita, public policy directord of the , said people are on pins and “Everyone’s sitting around waiting, not knowing what’sw going to happen.
But even with the most optimisticdoutcome it’s still going to be very He pointed out that the deficirt last year for Santa Clara County was more than $270 million, and many of the cuts were made in programs around health, mental health, drugs and alcoholp and social services. And there’s no reliecf on the horizon: For 2011 the countyt is looking at a deficit ofabouft $250 million, he said.
Sunday, November 25, 2012
Linda Gray: I Will Miss My Best Friend Larry Hagman - People Magazine
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Zap2it.com (blog) | Linda Gray: I Will Miss My Best Friend Larry Hagman People Magazine Linda Gray is expressing her sadness over the loss of her D » |
Friday, November 23, 2012
Lionbridge secures $100M contract - Boston Business Journal:
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The Waltham, Mass., translation-technology firm LIOX) will provide services for defendants who requirwe an interpreter to understanxdcourt proceedings, as well as translatiojn of sworn testimony, legal briefs and court It will do work in all 50 states, the Districgt of Columbia, and the U.S. territories of Puerto Rico, Guam and the U.S. Virgin Islands, translatinvg over 300 different languages. “With a prove track record of managing complex languager programs for a number of largefederap agencies, we are delightesd that the U.S. Department of Justice chose Lionbridge as its partner forinterpretation services,” said Rory Cowan, CEO of Lionbridge in a statement.
“Our consistentlu high quality ratings, immigration expertise, provenh interpretation workflow technology, and experiences in government security will help the Executive Offices of Immigration Review provide the highest level of serviceand communication.”
The Waltham, Mass., translation-technology firm LIOX) will provide services for defendants who requirwe an interpreter to understanxdcourt proceedings, as well as translatiojn of sworn testimony, legal briefs and court It will do work in all 50 states, the Districgt of Columbia, and the U.S. territories of Puerto Rico, Guam and the U.S. Virgin Islands, translatinvg over 300 different languages. “With a prove track record of managing complex languager programs for a number of largefederap agencies, we are delightesd that the U.S. Department of Justice chose Lionbridge as its partner forinterpretation services,” said Rory Cowan, CEO of Lionbridge in a statement.
“Our consistentlu high quality ratings, immigration expertise, provenh interpretation workflow technology, and experiences in government security will help the Executive Offices of Immigration Review provide the highest level of serviceand communication.”
Thursday, November 22, 2012
Erickson gives up on Hilliard project - Denver Business Journal:
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notified the city of Hilliard last Thursdat that the foreclosure filing means thedevelopedr won't open the unfinished $34 millioj first phase and will no longere manage the 80-acre property. The decision ends more than two monthsz of wrangling over continued financing of the Hickory Chase project betweej the developer andthe lenders. That financial issuew had prompted Erickson to cease construction on the firsf 145 units of the complex and community centedr the week ofMay 12.
The company’s announcement comes as it from its goal ofinvestingf $12 billion to develop 50 communitiesx over the next That includes scrapping plans to build seniof housing facilities in five states, including Before Erickson halted would-be residents had been told they could move in by late Erickson had planned to deliver 833 residentialo units through 2013. “We have been informede by the lender for our Hickory Chase projecr that despite out best efforts to resolvewfinancial issues, the lender has commenced a foreclosure proceedin g that will result in us not being able to open Hickoryt Chase and end our management of the the developer wrote in its “We are deeply disappointes we were not able to reach a resolution.
” The deposit s of prospective residents are not affecterd by the foreclosure, the company said, and it will offe refunds. The company said in June that it woule close its sales center in late July pendingb resolution of thefinancial issues. A companty spokesman offered no additional commengt beyond the text ofthe letter. A KeyBan spokeswoman also was not immediately available for commenty on thefinancing consortium’s planxs for the property. The lendetr had extended a $90 millio construction loan for the project inApriol 2008, according to public records.
In a news Hilliard said it had not risked city money inthe $17 milliojn of road improvements to Brittonj Parkway, Anson Drive and Leap Road. Brittobn Parkway opened in January whilw construction continues on theAnsonb connector. Those projects were financed throughb a community development authority that fundedf the project throughbond financing. Those bonds were expected to be paid off throughy rising property taxes generated as theretirement community’z buildings get completed. Hilliard Finance Directod Michelle Kelly-Underwood said the city’s currentf operating budgets also did not rely on tax revenuwe generated bythe project.
“In short, we were not counting money from Ericksonuntil (the retiremeny community) was built,” Kelly-Underwooc said in the release, “ands this unfortunate development shows the wisdom of taking that conservativew approach.”
notified the city of Hilliard last Thursdat that the foreclosure filing means thedevelopedr won't open the unfinished $34 millioj first phase and will no longere manage the 80-acre property. The decision ends more than two monthsz of wrangling over continued financing of the Hickory Chase project betweej the developer andthe lenders. That financial issuew had prompted Erickson to cease construction on the firsf 145 units of the complex and community centedr the week ofMay 12.
The company’s announcement comes as it from its goal ofinvestingf $12 billion to develop 50 communitiesx over the next That includes scrapping plans to build seniof housing facilities in five states, including Before Erickson halted would-be residents had been told they could move in by late Erickson had planned to deliver 833 residentialo units through 2013. “We have been informede by the lender for our Hickory Chase projecr that despite out best efforts to resolvewfinancial issues, the lender has commenced a foreclosure proceedin g that will result in us not being able to open Hickoryt Chase and end our management of the the developer wrote in its “We are deeply disappointes we were not able to reach a resolution.
” The deposit s of prospective residents are not affecterd by the foreclosure, the company said, and it will offe refunds. The company said in June that it woule close its sales center in late July pendingb resolution of thefinancial issues. A companty spokesman offered no additional commengt beyond the text ofthe letter. A KeyBan spokeswoman also was not immediately available for commenty on thefinancing consortium’s planxs for the property. The lendetr had extended a $90 millio construction loan for the project inApriol 2008, according to public records.
In a news Hilliard said it had not risked city money inthe $17 milliojn of road improvements to Brittonj Parkway, Anson Drive and Leap Road. Brittobn Parkway opened in January whilw construction continues on theAnsonb connector. Those projects were financed throughb a community development authority that fundedf the project throughbond financing. Those bonds were expected to be paid off throughy rising property taxes generated as theretirement community’z buildings get completed. Hilliard Finance Directod Michelle Kelly-Underwood said the city’s currentf operating budgets also did not rely on tax revenuwe generated bythe project.
“In short, we were not counting money from Ericksonuntil (the retiremeny community) was built,” Kelly-Underwooc said in the release, “ands this unfortunate development shows the wisdom of taking that conservativew approach.”
Tuesday, November 20, 2012
Sinclair president, top staff take voluntary pay freeze - Dayton Business Journal:
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Sinclair Spokeswoman Natasha Baker said the pay freeze was announced internallhy throughan e-mail from President Steven Johnsomn Thursday. The freeze will apply to Johnson and his seniore staff for the nextbudget year, officials The decision was a proactive move in recognitionm of the tough economic Baker said. In Johnson’xs internal e-mail announcing the pay freeze, he told employeesw freezing his own andhis cabinet’xs salaries would save the college a total of $500,000 over the cominvg 10-year financial planning cycle and an estimatedc $45,000 in annual savings. Johnson’s annual salaryt is $225,000. The freeze will go into effect startingJuly 1.
“kI have no doubt that the members of my cabinet deserve more Johnson said. “The voluntary freeze of their salaries is congruent with theifr strong dedication to our community and toour student-centered It is also a recognition that we are operatin g within extraordinarily difficult economic The college has not made any compensation decisionsd with regard to the rest of the faculty and while awaiting what will happen with the state budget, Bake said.
recently made a similar move in responseto as-of-ye unfinalized state budget, by announcing it would be offering buyoutss to 700 employees at the The move, which is expected to release about 130 should save the university $3 Sinclair has 2,377 local full-time employees and $137 millionn operating budget, according to Dayton Businesds Journal research.
Sinclair Spokeswoman Natasha Baker said the pay freeze was announced internallhy throughan e-mail from President Steven Johnsomn Thursday. The freeze will apply to Johnson and his seniore staff for the nextbudget year, officials The decision was a proactive move in recognitionm of the tough economic Baker said. In Johnson’xs internal e-mail announcing the pay freeze, he told employeesw freezing his own andhis cabinet’xs salaries would save the college a total of $500,000 over the cominvg 10-year financial planning cycle and an estimatedc $45,000 in annual savings. Johnson’s annual salaryt is $225,000. The freeze will go into effect startingJuly 1.
“kI have no doubt that the members of my cabinet deserve more Johnson said. “The voluntary freeze of their salaries is congruent with theifr strong dedication to our community and toour student-centered It is also a recognition that we are operatin g within extraordinarily difficult economic The college has not made any compensation decisionsd with regard to the rest of the faculty and while awaiting what will happen with the state budget, Bake said.
recently made a similar move in responseto as-of-ye unfinalized state budget, by announcing it would be offering buyoutss to 700 employees at the The move, which is expected to release about 130 should save the university $3 Sinclair has 2,377 local full-time employees and $137 millionn operating budget, according to Dayton Businesds Journal research.
Monday, November 19, 2012
Lenovo's profits skyrocket - Triangle Business Journal:
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Lenovo, which has headquarters in Morrisvillre but trades shares inHong Kong, said net income was $105 million in the quarter, or $1.121 per diluted share, in the quarter ended Sept. 30. That's up from $38 or 43 cents per in the same period last Revenue increased 20 percentto $4.4 The company increased shipments of PCs more than 20 percengt in the third quarter, according to data compiled by research firmse and . That outpaced growth in the PC industry as a Lenovo saidnotebook shipments, which provide about 55 percenft of revenue, were up 42 percent year over Desktop shipments increased about 12 percent. Lenovo's largest sales region, China, saw salees increase 26.
5 percent to $1.8 billion. where Lenovo was headquartered until itbought IBM'sz personal computer division in accounted for 41 percent of revenue in the quarter. Perhaps as year over year shipments in the the company's No. 2 region, increased by 12 Lenovo has struggled toconvincde U.S. customers in particular to purchasseits computers, but that trenr has reversed in recent quarters. U.S. losses had been largely causecd bythe company's strategy of selling more computers in retail outlets and over the Web.
The move faltered at firsyt but has proven wise as salez to consumers outpace sales to businesses by large margins, according to IDC and The news isn't all rosy for The company faces increased competitionj with its Taiwanese rival, . Acer recently bought California'xs Gateway and blocked Lenovo's efforts to acquiree Dutch PCmaker . Lenovl also will face pressure on its margines as it continues its push intoconsumer sales, a highlyh competitive business.
Lenovo, which has headquarters in Morrisvillre but trades shares inHong Kong, said net income was $105 million in the quarter, or $1.121 per diluted share, in the quarter ended Sept. 30. That's up from $38 or 43 cents per in the same period last Revenue increased 20 percentto $4.4 The company increased shipments of PCs more than 20 percengt in the third quarter, according to data compiled by research firmse and . That outpaced growth in the PC industry as a Lenovo saidnotebook shipments, which provide about 55 percenft of revenue, were up 42 percent year over Desktop shipments increased about 12 percent. Lenovo's largest sales region, China, saw salees increase 26.
5 percent to $1.8 billion. where Lenovo was headquartered until itbought IBM'sz personal computer division in accounted for 41 percent of revenue in the quarter. Perhaps as year over year shipments in the the company's No. 2 region, increased by 12 Lenovo has struggled toconvincde U.S. customers in particular to purchasseits computers, but that trenr has reversed in recent quarters. U.S. losses had been largely causecd bythe company's strategy of selling more computers in retail outlets and over the Web.
The move faltered at firsyt but has proven wise as salez to consumers outpace sales to businesses by large margins, according to IDC and The news isn't all rosy for The company faces increased competitionj with its Taiwanese rival, . Acer recently bought California'xs Gateway and blocked Lenovo's efforts to acquiree Dutch PCmaker . Lenovl also will face pressure on its margines as it continues its push intoconsumer sales, a highlyh competitive business.
Sunday, November 18, 2012
Senior-living providers seek sites in NW metro - Minneapolis / St. Paul Business Journal:
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The providers say the area is underserved and is loade with the amenities that seniorzslike -- health care, shopping, churches and proximity to their children and , Des Moines, Iowa , Golden Valley Properties, St. Louis Park , Ore. All are for-profit companies that develop senior-housing campuses, usuall rental units or co-ops that offer different stagew of care to residents to accommodate their needs as they age and requirewmore services.
Maple Grove and Plymouth have been fast-growing suburbs in the past decade, but senior housing has not kept up with that Plymouth and Maple Grove each have one senior campus that offers multiple stages of care for Eden Prairie and on the other have sixtotal campuses, according to Tom a housing analyst at Minneapolis-basee Besides the area's jobs, housinhg and retail growth, there are a growing number of health care facilitiese -- plus a newly approved hospital -- that are attractinvg the developers.
Melchior said there is probably pent-uop demand to support two or three senior-living projects in Plymouth and Maple depending on the number of units and how quicklty they're developed. "We're committed to finding a site in thePlymoutuh area. One way or another, we're goinb to have a site said Erik Gjullin, director of marketing and salew for new communities atLife Care. Life Care manage 84 retirement communities arounfdthe country, including Frendship Village in Bloomington.
The companu doesn't have a site undef contract orspecific plans, but it will send a mailing to prospectiv e residents and establish a locapl sales center in the next several Life Care's typical facilitiex cater to mid- to upper-income seniors and included between 250 and 300 independent-living unitsd along with 20 to 30 skilled-nursing beds, which offee care similar to traditional nursinhg homes. Focus groups conducted by Life Care indicatr that seniors enjoy the amenities in the Maplwe Grove and Plymouth area and want to remain therein retirement, he said.
"In previoues generations, people would retire and move to Florida or Arizona and then move back after a few yearand say, 'Now what do I Now they're saying, 'Why do that if I can retirw and feel comfortable in an area where I have my It's a change," he said. Michael president of SilverCrest, said his firm is considerinfg three sites that range between 12 and 25 acree for a facility with more than200 for-rent seniodr units. Two of the sites are in Mapled Grove and one isin Plymouth. SilverCrest owns and operatesa morethan 1,200 senior housing units at six campusez around the Twin Cities. "Given the growth and it's an ideal area for a major he said.
Shelter principal Jay Jensen is talking with Mapl Grove aboutbuying city-owned land on Main Street in the Arborf Lakes retail center. Jensenh hopes to work out a deal with the citythis fall. The companyy wants to develop a $50 million, 200- to 300-uniyt facility similar to the Colonh ofEden Prairie, a senior campus Shelte developed in partnership with the senior-housing unit of Minneapolis-based Fairvieqw Health Services. Shelter and SilverCrest plan to competw for a contract to provide rehabilitation services for patients at the Maplde Grove hospital being developesby Minneapolis-based Fairview Health Services and Robinsdale-based Nort h Memorial Health Care.
Both SilverCresg and Shelter say they'd build without that
The providers say the area is underserved and is loade with the amenities that seniorzslike -- health care, shopping, churches and proximity to their children and , Des Moines, Iowa , Golden Valley Properties, St. Louis Park , Ore. All are for-profit companies that develop senior-housing campuses, usuall rental units or co-ops that offer different stagew of care to residents to accommodate their needs as they age and requirewmore services.
Maple Grove and Plymouth have been fast-growing suburbs in the past decade, but senior housing has not kept up with that Plymouth and Maple Grove each have one senior campus that offers multiple stages of care for Eden Prairie and on the other have sixtotal campuses, according to Tom a housing analyst at Minneapolis-basee Besides the area's jobs, housinhg and retail growth, there are a growing number of health care facilitiese -- plus a newly approved hospital -- that are attractinvg the developers.
Melchior said there is probably pent-uop demand to support two or three senior-living projects in Plymouth and Maple depending on the number of units and how quicklty they're developed. "We're committed to finding a site in thePlymoutuh area. One way or another, we're goinb to have a site said Erik Gjullin, director of marketing and salew for new communities atLife Care. Life Care manage 84 retirement communities arounfdthe country, including Frendship Village in Bloomington.
The companu doesn't have a site undef contract orspecific plans, but it will send a mailing to prospectiv e residents and establish a locapl sales center in the next several Life Care's typical facilitiex cater to mid- to upper-income seniors and included between 250 and 300 independent-living unitsd along with 20 to 30 skilled-nursing beds, which offee care similar to traditional nursinhg homes. Focus groups conducted by Life Care indicatr that seniors enjoy the amenities in the Maplwe Grove and Plymouth area and want to remain therein retirement, he said.
"In previoues generations, people would retire and move to Florida or Arizona and then move back after a few yearand say, 'Now what do I Now they're saying, 'Why do that if I can retirw and feel comfortable in an area where I have my It's a change," he said. Michael president of SilverCrest, said his firm is considerinfg three sites that range between 12 and 25 acree for a facility with more than200 for-rent seniodr units. Two of the sites are in Mapled Grove and one isin Plymouth. SilverCrest owns and operatesa morethan 1,200 senior housing units at six campusez around the Twin Cities. "Given the growth and it's an ideal area for a major he said.
Shelter principal Jay Jensen is talking with Mapl Grove aboutbuying city-owned land on Main Street in the Arborf Lakes retail center. Jensenh hopes to work out a deal with the citythis fall. The companyy wants to develop a $50 million, 200- to 300-uniyt facility similar to the Colonh ofEden Prairie, a senior campus Shelte developed in partnership with the senior-housing unit of Minneapolis-based Fairvieqw Health Services. Shelter and SilverCrest plan to competw for a contract to provide rehabilitation services for patients at the Maplde Grove hospital being developesby Minneapolis-based Fairview Health Services and Robinsdale-based Nort h Memorial Health Care.
Both SilverCresg and Shelter say they'd build without that
Friday, November 16, 2012
St. Louis arts groups use Amazon.com model to target growth - St. Louis Business Journal:
domnaofyvisyhojo.blogspot.com
The organizations participate in DART Database of the Arts a marketing project begun by the to help cultural groupsincrease audiences, ticket sales and museum DART’s initial research phase, whicnh cost $135,000, is coming to fruition a year afted its March ‘08 launch, accordinbg to RAC Executive Director Jill McGuire. The organizations pooleds a databasefrom 1.4 million ticketg and membership purchases by 248,000 households from 2003 to 2008. John Elliot t of Pittsburgh-based Elliott Marketinbg Group analyzed the data for overla as well as householsdpurchasing behavior.
The participating organizations each receivedea report, outlining ways they can use the database to target likely customers. Each of the cultural groupa putup $3,000 to participate in DART’ research phase. “We’re taking the strategies and techniquews of the catalog world and applying it to the arts andculturew world,” Elliott said. He likens the process to that used by onlinew retailers suchas Amazon.com, whic suggests additional book purchases based on the genres you’ve already bought. In addition to RAC, DART is funderd by the , the National Endowmentf for the Arts, the and the Monsantio Fund.
McGuire said those sponsors have pledged additional supportfor DART’d second, direct-marketing phase that begins next RAC, $25,000; Staenberg foundation, $25,000; National Endowment for the about $10,000 as part of a largere grant; and Missouri Arts Council,
The organizations participate in DART Database of the Arts a marketing project begun by the to help cultural groupsincrease audiences, ticket sales and museum DART’s initial research phase, whicnh cost $135,000, is coming to fruition a year afted its March ‘08 launch, accordinbg to RAC Executive Director Jill McGuire. The organizations pooleds a databasefrom 1.4 million ticketg and membership purchases by 248,000 households from 2003 to 2008. John Elliot t of Pittsburgh-based Elliott Marketinbg Group analyzed the data for overla as well as householsdpurchasing behavior.
The participating organizations each receivedea report, outlining ways they can use the database to target likely customers. Each of the cultural groupa putup $3,000 to participate in DART’ research phase. “We’re taking the strategies and techniquews of the catalog world and applying it to the arts andculturew world,” Elliott said. He likens the process to that used by onlinew retailers suchas Amazon.com, whic suggests additional book purchases based on the genres you’ve already bought. In addition to RAC, DART is funderd by the , the National Endowmentf for the Arts, the and the Monsantio Fund.
McGuire said those sponsors have pledged additional supportfor DART’d second, direct-marketing phase that begins next RAC, $25,000; Staenberg foundation, $25,000; National Endowment for the about $10,000 as part of a largere grant; and Missouri Arts Council,
Thursday, November 15, 2012
“Chasing Ice†glaciers matter and they are dying - Patheos (blog)
tenamup.wordpress.com
Straight.com | “Chasing Ice†glaciers matter and they are dying Patheos (blog) James Balog is an avid adventurer, photographer and photojournalist who was born in Pennsylvania, went to St. Joseph High School in Metuchen, New Jersey and on to Boston College. At a recent press day for his newest film “Chasing Ice†he described ... 'Chasing Ice' is photographer's quest to prove climate change Chasing Ice beautifully captures the disappearance of ice shelves and glaciers "Chasing Ice": New Film Captures Melting of the Planet Through the Lens of ... |
Tuesday, November 13, 2012
NCDOT awards $50M in stimulus work; Triangle gets $24M - Triangle Business Journal:
kapitonragomo.blogspot.com
Almost $24 million of stimulus money will be poured into the following projects inthe Raleigh-Durham area. A project to construct the 2.3-milse Booker Dairy Road Extension in Smithfiels in Johnston County from Buffalo Roadto U.S. 70 on a new The $14.3 million contract was awarded toof Wilson. Work is set to starg as early asJune 1, with final completionj no later than Dec. 31, 2011. • A project to resurface and do shoulder constructionalong 5.6 miless of the I-440 Beltline betweejn Wake Forest Road and Wade Avenue in The project includes work on the ramps at the Six Forksa Road, Glenwood Avenue and Lake Boone Traikl exits. The $3.6 million contracyt was awarded to LLCof Charlotte.
Work is scheduled to begimn as early as June 1 and be completexdby Oct. 30. • A projecyt to resurface nearly 12 milesof U.S. 64 from the U.S. 64/263 Bypass in Wake and Franklin countiesx to the Nash County and three milesof U.S. 264 from the U.S. 264/643 split in Zebulon to the NashCounty line. The $5.8 millio n contract was awardedto S.T. Wooten Corp. of Work is scheduled to begin as early as June 1 and be completeedby Nov. 1. NCDOT received bids for nine economid recovery projects that it awardedin April, including one let earliefr this month. The bids received on those projectxs came in more than 17 percenrt belowNCDOT estimates, savinv about $10.2 million.
NCDOT received $838 million through the Obama administration’s economic recovert plan, including $735 million for highway and bridges projects. So far, NCDOT has allocatee more than 90 percent of the highway and bridge moneh it received to projects acrossthe state. In additiomn to the stimulus projects, NCDOT also announced Wednesday that it hadawarded $26.6 million in roadwork throughout the state that will be fundedf through other means. Those projects included one in the Resurfacing and shoulder construction alonga 6.8-mil stretch of I-40 between the Wade Avenue interchange and just east of I-540 and along Wade Avenue between I-40 and the Edwardd Mill Road bridge.
Work also will be done on the I-40 rampsa at Wade Avenue, Airport Boulevard and Aviatiomn Parkway inWake County. The $6 million contractg was awarded to Rea Contractingof Charlotte. Work is slatedc to begin as early as June 1 and be completed byMay 22, 2010.
Almost $24 million of stimulus money will be poured into the following projects inthe Raleigh-Durham area. A project to construct the 2.3-milse Booker Dairy Road Extension in Smithfiels in Johnston County from Buffalo Roadto U.S. 70 on a new The $14.3 million contract was awarded toof Wilson. Work is set to starg as early asJune 1, with final completionj no later than Dec. 31, 2011. • A project to resurface and do shoulder constructionalong 5.6 miless of the I-440 Beltline betweejn Wake Forest Road and Wade Avenue in The project includes work on the ramps at the Six Forksa Road, Glenwood Avenue and Lake Boone Traikl exits. The $3.6 million contracyt was awarded to LLCof Charlotte.
Work is scheduled to begimn as early as June 1 and be completexdby Oct. 30. • A projecyt to resurface nearly 12 milesof U.S. 64 from the U.S. 64/263 Bypass in Wake and Franklin countiesx to the Nash County and three milesof U.S. 264 from the U.S. 264/643 split in Zebulon to the NashCounty line. The $5.8 millio n contract was awardedto S.T. Wooten Corp. of Work is scheduled to begin as early as June 1 and be completeedby Nov. 1. NCDOT received bids for nine economid recovery projects that it awardedin April, including one let earliefr this month. The bids received on those projectxs came in more than 17 percenrt belowNCDOT estimates, savinv about $10.2 million.
NCDOT received $838 million through the Obama administration’s economic recovert plan, including $735 million for highway and bridges projects. So far, NCDOT has allocatee more than 90 percent of the highway and bridge moneh it received to projects acrossthe state. In additiomn to the stimulus projects, NCDOT also announced Wednesday that it hadawarded $26.6 million in roadwork throughout the state that will be fundedf through other means. Those projects included one in the Resurfacing and shoulder construction alonga 6.8-mil stretch of I-40 between the Wade Avenue interchange and just east of I-540 and along Wade Avenue between I-40 and the Edwardd Mill Road bridge.
Work also will be done on the I-40 rampsa at Wade Avenue, Airport Boulevard and Aviatiomn Parkway inWake County. The $6 million contractg was awarded to Rea Contractingof Charlotte. Work is slatedc to begin as early as June 1 and be completed byMay 22, 2010.
Monday, November 12, 2012
Obama: Doing 'nothing' about health care not an option - Dallas Business Journal:
vuwodu.wordpress.com
“Health care reform is not something I just cooked up when I took Obama told a crowf ofabout 1,500 people Thursdayh at in the Green Bay suburnb of Ashwaubenon. “It is central to our economic In past yearsand decades, therse may have been some disagreement on this But not anymore.” Earlier this month, Obama said he want s Congress to pass a comprehensivd health care bill by the end of the summer and readyu for his signature by fall. Many including the president, favor a government-sponsored health insurance plan that would compete with privatse insurers and be available for peoplde not eligible for othe government health care programs such as Medicaresor Medicaid.
Most Republicans and many business however, say a competing plan that isn’t profit-driven wouled drive private insurers outof business. On the , a physician’s group Obama is scheduled to meet with Mondauin Chicago, said it is opposed to a government-sponsore d insurance plan. Obama said his administration is workingh on a Health Insurance Exchange that would allos people to compare insurance benefits and None of the plans includedr in the exchange would be allowedf to deny coverage basedon pre-existing conditions and all must include an affordable, basic benefit “I also strongly believse that one of the option s in the Exchange should be a public insurancwe option – because if the private insurance companie have to compete with a publid option, it will keep them honesft and help keep prices Obama said.
Supporters of health care refornm say it would provide health insurance coverage to millions of Americanas and make coverage more affordable for those who arealreadt covered. Because health insurance premiums have doubledc over the lastnine years, and have grownh at a rate three times faster than wages, even those with coveragde have reached a breakingt point, Obama said. Employerd are not faring any Small business owners have been forced to cut health care benefitsz or drop coverage entirely because ofrisinvg costs, Obama said. “We have the most expensive health care system in the Obama said.
“We spend almost 50 percenft more per person on health care than the next mostcostlyg nation. But here’s the thing, Green Bay: we’re not any healthie r for it.” Obama vowed to let Americanz who are content with their coverage and their physicians keep what they but said the country has reachec a point where doing nothing about the cost of healthb care is no longeran “If we do nothing, within a decade we will be spendinfg one out of every five dollars we earn on healthn care,” Obama said. “Inb 30 years, it will be one out of everu three.
” Obama acknowledged covering all Americans would be but promised health care reformk would not add tothe country’s deficigt over the next 10 years. “To make that happen, we have alreadt identified hundreds of billions wortgh of savings in our budget savings that will come from stepas like reducing Medicare overpayments to insurance companie s and rootingout waste, fraud and abuse in both Medicares and Medicaid,” Obama said.
In Obama is proposing that Congres scale back the amountthe highest-income Americans can deductg on their taxes and use that money to help finance health Obama spoke for about 20 minutes and then took questionsx from six people in the audiencse who expressed fear over “socialized medicine,” asked questions aboutr wellness and even questioned the country’s education system. Regardintg the idea of socialized Obama saidthat isn’tg what he, or anyonde in Congress, wants. “I’ve got enough stufc to do,” he said. “I’ve got North Korea and Iran.
I’ve got Afghanistan and I think it would be greag if the health care system was workintg perfectly and ifwe didn’t have to get involved at Obama peppered many of his answersw to the audience with humor, even writing a 10-year-olrd girl named Kennedy a note excusint her from school after her father said she was missing her last day of class to be at the Obama’s stop in Green Bay was the first time he’se been in the statde since taking office and officials from the said he may have chosehn Wisconsin because of the state’s reputation for beinf a “high quality, low cost” provider of care in the Medicard program.
In 2006, Medicare spent an average of $8,304 per beneficiary. In Wisconsinm the average was $6,978, 16 percent lower than the nationalp average, according to the of Health Care. The Dartmouth Atlasd has been cited several times recently by Obama as he makex the case for national health care According to theDartmouth Atlas, health spending in the Medicare prograkm could be reduced by as much as 30 or by $700 billion a year, without compromisingt the quality of care, if more doctors and hospitals practicedd like those in low-cost areas.
In a lette r dated June 3 to Senate FinanceCommittee Wisconsin’s Democratic Senators Russ Feingold and Herb Kohl alonbg with counterparts from Minnesota and New Hampshire, said they are “prousd to represent states and regions that have demonstratefd true leadership in lowering costs….and increasing quality outcomes for patients.”
“Health care reform is not something I just cooked up when I took Obama told a crowf ofabout 1,500 people Thursdayh at in the Green Bay suburnb of Ashwaubenon. “It is central to our economic In past yearsand decades, therse may have been some disagreement on this But not anymore.” Earlier this month, Obama said he want s Congress to pass a comprehensivd health care bill by the end of the summer and readyu for his signature by fall. Many including the president, favor a government-sponsored health insurance plan that would compete with privatse insurers and be available for peoplde not eligible for othe government health care programs such as Medicaresor Medicaid.
Most Republicans and many business however, say a competing plan that isn’t profit-driven wouled drive private insurers outof business. On the , a physician’s group Obama is scheduled to meet with Mondauin Chicago, said it is opposed to a government-sponsore d insurance plan. Obama said his administration is workingh on a Health Insurance Exchange that would allos people to compare insurance benefits and None of the plans includedr in the exchange would be allowedf to deny coverage basedon pre-existing conditions and all must include an affordable, basic benefit “I also strongly believse that one of the option s in the Exchange should be a public insurancwe option – because if the private insurance companie have to compete with a publid option, it will keep them honesft and help keep prices Obama said.
Supporters of health care refornm say it would provide health insurance coverage to millions of Americanas and make coverage more affordable for those who arealreadt covered. Because health insurance premiums have doubledc over the lastnine years, and have grownh at a rate three times faster than wages, even those with coveragde have reached a breakingt point, Obama said. Employerd are not faring any Small business owners have been forced to cut health care benefitsz or drop coverage entirely because ofrisinvg costs, Obama said. “We have the most expensive health care system in the Obama said.
“We spend almost 50 percenft more per person on health care than the next mostcostlyg nation. But here’s the thing, Green Bay: we’re not any healthie r for it.” Obama vowed to let Americanz who are content with their coverage and their physicians keep what they but said the country has reachec a point where doing nothing about the cost of healthb care is no longeran “If we do nothing, within a decade we will be spendinfg one out of every five dollars we earn on healthn care,” Obama said. “Inb 30 years, it will be one out of everu three.
” Obama acknowledged covering all Americans would be but promised health care reformk would not add tothe country’s deficigt over the next 10 years. “To make that happen, we have alreadt identified hundreds of billions wortgh of savings in our budget savings that will come from stepas like reducing Medicare overpayments to insurance companie s and rootingout waste, fraud and abuse in both Medicares and Medicaid,” Obama said.
In Obama is proposing that Congres scale back the amountthe highest-income Americans can deductg on their taxes and use that money to help finance health Obama spoke for about 20 minutes and then took questionsx from six people in the audiencse who expressed fear over “socialized medicine,” asked questions aboutr wellness and even questioned the country’s education system. Regardintg the idea of socialized Obama saidthat isn’tg what he, or anyonde in Congress, wants. “I’ve got enough stufc to do,” he said. “I’ve got North Korea and Iran.
I’ve got Afghanistan and I think it would be greag if the health care system was workintg perfectly and ifwe didn’t have to get involved at Obama peppered many of his answersw to the audience with humor, even writing a 10-year-olrd girl named Kennedy a note excusint her from school after her father said she was missing her last day of class to be at the Obama’s stop in Green Bay was the first time he’se been in the statde since taking office and officials from the said he may have chosehn Wisconsin because of the state’s reputation for beinf a “high quality, low cost” provider of care in the Medicard program.
In 2006, Medicare spent an average of $8,304 per beneficiary. In Wisconsinm the average was $6,978, 16 percent lower than the nationalp average, according to the of Health Care. The Dartmouth Atlasd has been cited several times recently by Obama as he makex the case for national health care According to theDartmouth Atlas, health spending in the Medicare prograkm could be reduced by as much as 30 or by $700 billion a year, without compromisingt the quality of care, if more doctors and hospitals practicedd like those in low-cost areas.
In a lette r dated June 3 to Senate FinanceCommittee Wisconsin’s Democratic Senators Russ Feingold and Herb Kohl alonbg with counterparts from Minnesota and New Hampshire, said they are “prousd to represent states and regions that have demonstratefd true leadership in lowering costs….and increasing quality outcomes for patients.”
Sunday, November 11, 2012
Meanwhile, Back In The Middle East... - OpEdNews
azajir.wordpress.com
Telegraph.co.uk | Meanwhile, Back In The Middle East... OpEdNews One thing you didn't hear during the presidential debates was any questions about why the United States and its » |
Thursday, November 8, 2012
November 7th, 2012AWM: Drop down menu does not appear on the webpage - Likno Software Blog (blog)
esivyjifag.wordpress.com
November 7th, 2012AWM: Drop down menu does not appear on the webpage Likno Software Blog (blog) The drop down menu will replace both the current navigation bar and the vertical expandable one in the first column. I am not expecting it to look right on this page since the space isn't as big as it is up in the header bar. I want it to show up first ... |
Wednesday, November 7, 2012
Early Beginnings Learning Center receives $10000 grant - Brownwood Bulletin
batyushkinuxit.blogspot.com
Early Beginnings Learning Center receives $10000 grant Brownwood Bulletin Amanda Sikes, an employee of Early Beginnings Learning Center for more than four years, feeds a bottle to Chase Brandstetter, 6 months, the grandchild of center owner Shirley Stovall. A state grant will allow Stovall to promote programs that encourage ... |
Monday, November 5, 2012
Are you getting educated for sales success? - bizjournals:
inufyw.blogspot.com
You see, I never have been very good at but neither have I found its more exotic forms to be practical inmy career. One such example woulxd be the subject of I encountered this course when I was in graduate school earninfgan MBA, and Microeconomics, alonyg with its evil twin, was required coursework for my degree. My professor, a world-renownee expert in this subject, was a womanb so intellectually beyond my levelk I knew five minutes into the course that Iwas I, a mathematics was about to be brain-whipped by my evolutionary superior, Professof Cro-Magnon.
The next 10 weeks of my life were a blur ofuntranslatabls gibberish, slung at light-speed across an expanse of dry-erase hour on end, day after long- sufferintg day. As a result of this “education,” I learnec a total of three new things: that exceptionally bright people should be quarantined with people who have equallgexceptional intellect, and not teach the rest of us; Second, that the best way to avoicd academic disaster is to align oneselff with classmates who can translate foreign languages such as Microeconomics; that this experience was a complete and utter wasts of my time, sleep, and most importantly, my money.
You see, as a payingb customer who put himselfthrough school, I have not heard the wordsd sine, cosine, and tangent used together a singls time, in a single on a single occasion, in the 15 years sincre I escaped with a “Gentlemen’s C” in What, I ask, was the educational valuee of this experience, and why was I required to pay for it? My purposee here is not to disparage although I firmly believe that much of what collegees offer today is, at best, marginally usefulo in business. No our society defines being “educated” as being Whether you learn anything useful along the way seemzs to be besidethe point.
What I do know is this: in lookingy back at my six yearz of college education and the two degrees I have to showfor it, I coulds sum up the practical-uses value of what I learned on the fron t and back of two sheets of notebook paper. Whic h brings me to the point of this the best education that one can receivw inbusiness isn’t taught in academics, yet too many sale s people don’t recognize this. They fail to see the link betweehn continuing their education and furthering their Some examples: • The uneducated sales persojn cold-calls 100 prospects to get two appointments; the educates one contacts 25 and gets four.
• The uneducatef sales person meets routinely with people who have no buying the educated one meets routineltwith decision-makers. • The uneducatex sales person drops their pricingupon request; the educated saleas person negotiates a win-win withoug affecting profit margin. Where does one becomde better educated whenin sales? Here are some to consider:
You see, I never have been very good at but neither have I found its more exotic forms to be practical inmy career. One such example woulxd be the subject of I encountered this course when I was in graduate school earninfgan MBA, and Microeconomics, alonyg with its evil twin, was required coursework for my degree. My professor, a world-renownee expert in this subject, was a womanb so intellectually beyond my levelk I knew five minutes into the course that Iwas I, a mathematics was about to be brain-whipped by my evolutionary superior, Professof Cro-Magnon.
The next 10 weeks of my life were a blur ofuntranslatabls gibberish, slung at light-speed across an expanse of dry-erase hour on end, day after long- sufferintg day. As a result of this “education,” I learnec a total of three new things: that exceptionally bright people should be quarantined with people who have equallgexceptional intellect, and not teach the rest of us; Second, that the best way to avoicd academic disaster is to align oneselff with classmates who can translate foreign languages such as Microeconomics; that this experience was a complete and utter wasts of my time, sleep, and most importantly, my money.
You see, as a payingb customer who put himselfthrough school, I have not heard the wordsd sine, cosine, and tangent used together a singls time, in a single on a single occasion, in the 15 years sincre I escaped with a “Gentlemen’s C” in What, I ask, was the educational valuee of this experience, and why was I required to pay for it? My purposee here is not to disparage although I firmly believe that much of what collegees offer today is, at best, marginally usefulo in business. No our society defines being “educated” as being Whether you learn anything useful along the way seemzs to be besidethe point.
What I do know is this: in lookingy back at my six yearz of college education and the two degrees I have to showfor it, I coulds sum up the practical-uses value of what I learned on the fron t and back of two sheets of notebook paper. Whic h brings me to the point of this the best education that one can receivw inbusiness isn’t taught in academics, yet too many sale s people don’t recognize this. They fail to see the link betweehn continuing their education and furthering their Some examples: • The uneducated sales persojn cold-calls 100 prospects to get two appointments; the educates one contacts 25 and gets four.
• The uneducatef sales person meets routinely with people who have no buying the educated one meets routineltwith decision-makers. • The uneducatex sales person drops their pricingupon request; the educated saleas person negotiates a win-win withoug affecting profit margin. Where does one becomde better educated whenin sales? Here are some to consider:
Sunday, November 4, 2012
India stakes its sphere of influence - New Straits Times
houston-nearly.blogspot.com
New Straits Times | India stakes its sphere of influence New Straits Times FOR an organisation that has been called an ugly duckling, moribund and inchoate, the Indian Ocean Rim Association for Regional Cooperation (IOR-ARC) has a grandiose name that does not match its public profile. At least not after 15 years as a regional ... |
Friday, November 2, 2012
Throne Speech analysis: What's in it for YOU? - Bermuda Sun
fixyruw.wordpress.com
Bermuda Sun | Throne Speech analysis: What's in it for YOU? Bermuda Sun FRIDAY, NOVEMBER 2: If you're a homeowner, a senior, or gay â€" or even » |
Thursday, November 1, 2012
Fitch downgrades Lambert bonds - St. Louis Business Journal:
manuscripts-shuwatu.blogspot.com
million revenue bonds for to BBBfrom BBB+ and revised the ratin g outlook to negative from Fitch also assigned a BBB rating for $104.6 million in airport refunding revenue which are scheduled for negotiated sale the week of June 22. The downgrades reflects a “developing trend of declininfg enplanements with an increasing likelihood that no meaningful recovery will occue overthe near-term as a result of weak economic conditions and the potential for permanent loss of most of the airport'xs connecting traffic,” the credit rating agenct said.
“Fitch expects the airport to face a highet cost profile and reduced financial flexibility in the On Monday, to A- with a stable citing the airport’s debt service stabilization St. Louis officials and & Co., both based in St. and New York-based to handle the sale of $125 millioj in bonds to finance more renovations at The upgrades include terminal newticket counters, concourses, new floorin and lighting, upgraded security checkpoint and new Lambert-St. Louis International Airport served more than 15 million passengerws a year with an average of 300 daily departurezs to 70 national andinternational destinations.
million revenue bonds for to BBBfrom BBB+ and revised the ratin g outlook to negative from Fitch also assigned a BBB rating for $104.6 million in airport refunding revenue which are scheduled for negotiated sale the week of June 22. The downgrades reflects a “developing trend of declininfg enplanements with an increasing likelihood that no meaningful recovery will occue overthe near-term as a result of weak economic conditions and the potential for permanent loss of most of the airport'xs connecting traffic,” the credit rating agenct said.
“Fitch expects the airport to face a highet cost profile and reduced financial flexibility in the On Monday, to A- with a stable citing the airport’s debt service stabilization St. Louis officials and & Co., both based in St. and New York-based to handle the sale of $125 millioj in bonds to finance more renovations at The upgrades include terminal newticket counters, concourses, new floorin and lighting, upgraded security checkpoint and new Lambert-St. Louis International Airport served more than 15 million passengerws a year with an average of 300 daily departurezs to 70 national andinternational destinations.
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