obesonuqa.wordpress.com
As it quickly took shape, it looked like a ready excus for random government spending masked as an economidrepair effort. But we wantexd to believe – as did most U.S. economists – that pumping $787 billion into circulatioj was vital to oureconomic recovery. But as the money slowly hits the streets, it is becoming obvious that a stimuluz plan may have beenpolitically popular, but it likely will turn out to be economicallyg half-baked. First, here’s the part of the effort that makees sense: rescue funds.
The feds have promised to shovel money into states to help prop up basic Such a rescue means a lot to placex suchas Ohio, where the unemployment rate hit 10 percent in April and could soar higher before this is economic nightmard is over. With the money, the jobs of many firefighters and police will be at leasttemporarily – that was the case in which held onto 25 policr recruits, whose jobs are now in jeopardy becaus of a city budget crunch and it’s hoped that tax revenue will rebound beforer the federal money evaporates.
But as far as jump-startinhg the economy, the money’s distribution is scattershot, and it’as unlikely the nation will be able to pointto much, if after all its billions are Meanwhile, citizens are experiencing the least stimulativ tax cut in the historyt of the nation – $400 per worker beinf slowly disbursed in paychecks. That’s barelt enough to inspire a consumer to invest in a bag of Under pressure to put the stimulus money to work states are approving only the fastesyt and simplestconstruction projects. The stimulus program could ultimatelty be renamed the Road Repaving Actof 2009. Not quitd the vision we heard when the president wassellinbg it.
The New York Times reported recently the federal governmen t has paid out 6 percent of the stimulus cash and it has gone largely for Medicaid reimbursement andunemploymeny benefits. And Columbus Business First reportws this week that small companies have received a measly 10 perceng of contracts funded by thefederap package, even though Washington’s goal is more than twicew that level. Democrats had promised a lofty, Keynesiann multiplier effect from allthe government’s But Jeffrey Fuhrer, an economist for the Federall Reserve Bank in Boston, said a few weeks ago that the multiplierf was looking like it would be abouyt 0.
5 – that’s assuming the deficit doesn’t inflict additional economic damage. And now it lookes like a recovery may grab hold before the stimuluws takesfull effect. Which shoulds lead anyone with a concern about this spending bacchanaoto ask: Is it too late to cancelo some of this stimulus spending? The nation’sd future inflation rate may depend on it.
Saturday, December 31, 2011
Thursday, December 29, 2011
Union calls on Kaleida to reverse decision - Business First of Buffalo:
ovaluleq.wordpress.com
Kaleida this week announced plans to eliminate four programs offered at Womenand Children’sw Hospital in Buffalo: The Early Childhooed Program, Therapeutic Preschool Program, Early Intervention and Therapeutic Aquatic Swim Program. The programs, many designesd for children with disabilities, have been offered for nearlhy40 years. Kaleida says the programs were losing upwardsof $900,000 annually. Those losses, combined with millions of dollars in state budget cuts make continuing theprograms impractical. Additionally, at that at the time when thesde programswere started, there were no other regional That’s no longer the case.
Leadersz from 1199 is urging Kaleida to In aprepared release, special education teacher Norm Kohn calle it the only program of its kind in Erie “This closure would impact hundredw of children with special needs, especially those enrolledr in the Therapeutic Aquatic Swim Program,” he The union hopes to work with parents, staff and the community to save the preschooll programs.
Kaleida this week announced plans to eliminate four programs offered at Womenand Children’sw Hospital in Buffalo: The Early Childhooed Program, Therapeutic Preschool Program, Early Intervention and Therapeutic Aquatic Swim Program. The programs, many designesd for children with disabilities, have been offered for nearlhy40 years. Kaleida says the programs were losing upwardsof $900,000 annually. Those losses, combined with millions of dollars in state budget cuts make continuing theprograms impractical. Additionally, at that at the time when thesde programswere started, there were no other regional That’s no longer the case.
Leadersz from 1199 is urging Kaleida to In aprepared release, special education teacher Norm Kohn calle it the only program of its kind in Erie “This closure would impact hundredw of children with special needs, especially those enrolledr in the Therapeutic Aquatic Swim Program,” he The union hopes to work with parents, staff and the community to save the preschooll programs.
Tuesday, December 27, 2011
King Soopers, workers heading back to bargaining table - Birmingham Business Journal:
vavyzina.wordpress.com
The contract at hand involved an increase inpreventativee health-care programs and a wage increase, as well as a decreaswe in pension benefits, King Soopers spokeswoman Diane Mulligah said. However, workers had protested the pensionbenefir cuts, with the Unitefd Food and Commercial Workers Union Local No. 7 warninh that some could lose $100,000 over the life of the and said the wage increases werenot enough. “We are ready, willing and able to get back to the bargaining table if the corporatiojn is willing to meetus halfway,” King Sooperes worker Julie Gonzalez said in a news releases put out by the union.
“All we’re asking for is a fair And we really hopethey don’t lock us out for asking for livable wage and a pension plan that recognizes our contribution to company About 17,000 union workers from the area’s three largestr grocery chains — Albertsons, King Soopers and have been in negotiations with the grocers since April 9 on new five-year contracts. Safewaty workers have voted to extend their contract untilJune 26, whichj Albertsons and King Soopers employees currently are working without contracts. The rejectiojn of the latest King Soopers contract proposal came quickl y after votingbegan Monday.
Workers in Colorado Longmont and Boulder arevoting today, while Pueblo workeras are scheduled to cast ballotzs Wednesday. King Soopers spokeswoman Dianse Mulligan said that the rejection of the deal will not have any tangible effect onstore operations. King Soopers workers have not cast ballotxsto strike. “We’re disappointed in the vote, but we look forwars to getting backto negotiations,” Mulligan said Tuesday.
King Sooperws is a unit of Cincinnati-based
The contract at hand involved an increase inpreventativee health-care programs and a wage increase, as well as a decreaswe in pension benefits, King Soopers spokeswoman Diane Mulligah said. However, workers had protested the pensionbenefir cuts, with the Unitefd Food and Commercial Workers Union Local No. 7 warninh that some could lose $100,000 over the life of the and said the wage increases werenot enough. “We are ready, willing and able to get back to the bargaining table if the corporatiojn is willing to meetus halfway,” King Sooperes worker Julie Gonzalez said in a news releases put out by the union.
“All we’re asking for is a fair And we really hopethey don’t lock us out for asking for livable wage and a pension plan that recognizes our contribution to company About 17,000 union workers from the area’s three largestr grocery chains — Albertsons, King Soopers and have been in negotiations with the grocers since April 9 on new five-year contracts. Safewaty workers have voted to extend their contract untilJune 26, whichj Albertsons and King Soopers employees currently are working without contracts. The rejectiojn of the latest King Soopers contract proposal came quickl y after votingbegan Monday.
Workers in Colorado Longmont and Boulder arevoting today, while Pueblo workeras are scheduled to cast ballotzs Wednesday. King Soopers spokeswoman Dianse Mulligan said that the rejection of the deal will not have any tangible effect onstore operations. King Soopers workers have not cast ballotxsto strike. “We’re disappointed in the vote, but we look forwars to getting backto negotiations,” Mulligan said Tuesday.
King Sooperws is a unit of Cincinnati-based
Saturday, December 24, 2011
Giants ground Jets, keep playoff hopes alive - Toronto Sun
goldenayreyg1666.blogspot.com
TSN | Giants ground Jets, keep playoff hopes alive Toronto Sun New York Giants Victor Cruz (C) celebrates in front of the New York Jets bench after making a pass reception in the third quarter during their NFL footb » |
Thursday, December 22, 2011
Human Capital: People on the move, June 2 - Tampa Bay Business Journal:
efimtsovavadan.blogspot.com
Goodwin Procter's Budd elected vice chairmamn of AAA national board WayneBudd , senio r counsel with the Boston law firm of and a membe of the board of directors of , was electexd vice chairman of AAA’s national boars of directors. Turbine taps Paradowski as CFO , a Westwood-based onlin gaming technology company, appointed M. Beau Paradowski chief financial officer. Clough to run Leerink Swann's MEDACorp division Healtj care investment bank Leerink Swann of Boston appointedr Brent Clough senior managing director and head of itsMEDACorpp division. Prior to joiningv Leerink Swann, Clough was president and CEO of IntrinsiwQLLC , an oncology software and data analytica firm.
promotes Stys as VP of marketing andbusinesa dev. Shawmut Design and Construction in Boston promotes BrianStys , a 16-year veteran of the to the newly-created role of vice president of marketinhg and business development. The Protector Group Insurancwe Agency adds Mullery as director of compliance and wellnesw of Worcester added Laura Ann Mullery as directofr of complianceand wellness. Mullery previously served as assistant vice president at in Boston and vice presidenyt of major accounts at Thorbahn Associatesin
Goodwin Procter's Budd elected vice chairmamn of AAA national board WayneBudd , senio r counsel with the Boston law firm of and a membe of the board of directors of , was electexd vice chairman of AAA’s national boars of directors. Turbine taps Paradowski as CFO , a Westwood-based onlin gaming technology company, appointed M. Beau Paradowski chief financial officer. Clough to run Leerink Swann's MEDACorp division Healtj care investment bank Leerink Swann of Boston appointedr Brent Clough senior managing director and head of itsMEDACorpp division. Prior to joiningv Leerink Swann, Clough was president and CEO of IntrinsiwQLLC , an oncology software and data analytica firm.
promotes Stys as VP of marketing andbusinesa dev. Shawmut Design and Construction in Boston promotes BrianStys , a 16-year veteran of the to the newly-created role of vice president of marketinhg and business development. The Protector Group Insurancwe Agency adds Mullery as director of compliance and wellnesw of Worcester added Laura Ann Mullery as directofr of complianceand wellness. Mullery previously served as assistant vice president at in Boston and vice presidenyt of major accounts at Thorbahn Associatesin
Tuesday, December 20, 2011
Sunday, December 18, 2011
Fulbright & Jaworski: Businesses warm to idea of litigation in cold economy - St. Louis Business Journal:
aplecheevlgupy.blogspot.com
Law firm issued a 2008 annuao report that found 31 percent of the companiee surveyed expected an increase in the numbed of legal disputes they woulcd face in 2009 due to the economic Jack Walsh, a partner in the St. Louis officer of , agreed that companies facing financial hardship would be more likely during a stagnantg period to pursue commercial lawsuits they might otherwise Although litigious action lags behind the economy and is hard to Walsh saidthe firm’s billable hourse were up significantly in the litigation department in 2008.
“Whejn business is good, people are less likelhy to fight over small amountsof money,” he But when cash flows businesses are unwilling to shoulder more risk or take on Walsh said that a compan might forego a breach of warranty suit on defunct machinery if good businesas was consuming a significant amount of the company’ds time and generating enough money to replace the However, decreased operations means the companty is more sensitive to costs and able to devots energy to recouping losses. Recently, a franchiser brought suit against oneof Walsh’ clients, claiming nonperformance for the installatio n of lighting fixtures.
According to motives for the action includesd a lack of funding to updatethe franchisee’s facility. “Thety didn’t have enough money put in the bank, so they sued my clien who had madethe fixtures, saying the producyt didn’t perform well,” Walsh Brett Brandenberg, practice leader for financial forensics and valuation serviced at accounting firm , said companies in industriesd perceived to be hit harder by the downtur n are most in danger. “It’s a downward spiral whered the perception of further troublesis self-fulfilling,” Brandenberg “If you perceive that a supplier is goinb bankrupt, it will encourage you to act pre-emptively.
” Stephen Rovak, a partner and chair of the litigatiobn practice at ’s St. Louis office, said a slowintg economy gives rise to defaults on loans and an inabilituy tocomplete contracts. At the companies are cautiouslymanagingv cash, which in turn keeps legal actions in according to Rovak. But as the economic slowdown worsens, more defaults and more layoffz lead to more disputes and evenmore “These are followed by litigation as partiess seek to recover their losses,” Rovak “That litigation, and especially the fallout of major is really starting to increase.
”
Law firm issued a 2008 annuao report that found 31 percent of the companiee surveyed expected an increase in the numbed of legal disputes they woulcd face in 2009 due to the economic Jack Walsh, a partner in the St. Louis officer of , agreed that companies facing financial hardship would be more likely during a stagnantg period to pursue commercial lawsuits they might otherwise Although litigious action lags behind the economy and is hard to Walsh saidthe firm’s billable hourse were up significantly in the litigation department in 2008.
“Whejn business is good, people are less likelhy to fight over small amountsof money,” he But when cash flows businesses are unwilling to shoulder more risk or take on Walsh said that a compan might forego a breach of warranty suit on defunct machinery if good businesas was consuming a significant amount of the company’ds time and generating enough money to replace the However, decreased operations means the companty is more sensitive to costs and able to devots energy to recouping losses. Recently, a franchiser brought suit against oneof Walsh’ clients, claiming nonperformance for the installatio n of lighting fixtures.
According to motives for the action includesd a lack of funding to updatethe franchisee’s facility. “Thety didn’t have enough money put in the bank, so they sued my clien who had madethe fixtures, saying the producyt didn’t perform well,” Walsh Brett Brandenberg, practice leader for financial forensics and valuation serviced at accounting firm , said companies in industriesd perceived to be hit harder by the downtur n are most in danger. “It’s a downward spiral whered the perception of further troublesis self-fulfilling,” Brandenberg “If you perceive that a supplier is goinb bankrupt, it will encourage you to act pre-emptively.
” Stephen Rovak, a partner and chair of the litigatiobn practice at ’s St. Louis office, said a slowintg economy gives rise to defaults on loans and an inabilituy tocomplete contracts. At the companies are cautiouslymanagingv cash, which in turn keeps legal actions in according to Rovak. But as the economic slowdown worsens, more defaults and more layoffz lead to more disputes and evenmore “These are followed by litigation as partiess seek to recover their losses,” Rovak “That litigation, and especially the fallout of major is really starting to increase.
”
Friday, December 16, 2011
Elevator Was Serviced Just Before Accident - New York Times
pifogyxat.blogspot.com
ABC News (blog) | Elevator Was Serviced Just Before Accident New York Times The Madison Avenue building where Suzanne Hart was killed in an elevator accident was closed on Thursday and was expected to remain so on Friday. By CARA BUCKLEY Electrical maintenance work was being performed on an elevator just hours before it ... Fatal Accident Ele vator Underwent Maintenance Hours Before Elevator Work Under Review |
Wednesday, December 14, 2011
NFL kicker earns degree from ASU - Boston Business Journal:
exceeding-commissioner.blogspot.com
During breaks at NFL training camp, Cundiff would open his laptolpand study, many times putting in 30 to 40 hour s each week on the MBA through the W.P. Caret School of Business at ASU. Cundiff still is workinvg out withNFL teams, this week with the Indianapoliz Colts and two weeks ago with the Clevelandx Browns. He’s not sure if he’ll get a job with eithetr of the teams, but has solidified a position within “This is the best two-year investment I probably coulc have ever made in myself,” he “The W.P. Carey MBA Online Program gave me the flexibilityy to attend training camp with the Atlanta Falcond while still pursuingmy degree.
” With five years of regular seasom experience under his belt, the 29-year-old kicker was releaseds from the Atlanta Falcons and the Kansas City Chiefs while working on his “I’ve got to be the only guy in the MBA prograjm who got fired from two jobs whild in the MBA program,” he said. The last time he playeed a regular season game was in the NFC Championshipp during the2006 season. He playeds during the preseasonin 2007, but was releasede last year before training Cundiff said he knew he had to start thinking about his future for when his footballp career was over.
He and his wife, an had just bought a home in Phoenix when he decidee to enrollin ASU’s MBA program. “Believe it or not, my onlind MBA team was a lot more functional than some of my NFL he said. “The onlins program also really helps you work on your communications andinterpersonao skills, since you’re not dealing with peopld on a face-to-face
During breaks at NFL training camp, Cundiff would open his laptolpand study, many times putting in 30 to 40 hour s each week on the MBA through the W.P. Caret School of Business at ASU. Cundiff still is workinvg out withNFL teams, this week with the Indianapoliz Colts and two weeks ago with the Clevelandx Browns. He’s not sure if he’ll get a job with eithetr of the teams, but has solidified a position within “This is the best two-year investment I probably coulc have ever made in myself,” he “The W.P. Carey MBA Online Program gave me the flexibilityy to attend training camp with the Atlanta Falcond while still pursuingmy degree.
” With five years of regular seasom experience under his belt, the 29-year-old kicker was releaseds from the Atlanta Falcons and the Kansas City Chiefs while working on his “I’ve got to be the only guy in the MBA prograjm who got fired from two jobs whild in the MBA program,” he said. The last time he playeed a regular season game was in the NFC Championshipp during the2006 season. He playeds during the preseasonin 2007, but was releasede last year before training Cundiff said he knew he had to start thinking about his future for when his footballp career was over.
He and his wife, an had just bought a home in Phoenix when he decidee to enrollin ASU’s MBA program. “Believe it or not, my onlind MBA team was a lot more functional than some of my NFL he said. “The onlins program also really helps you work on your communications andinterpersonao skills, since you’re not dealing with peopld on a face-to-face
Sunday, December 11, 2011
Residential real estate news- View Real estate news in the US
ermolayxitpev.blogspot.com
| | | | | | | | | | | | | | | | | | | | | | Generall Motors Corporation | | | | | | | | | | Home Buildersa Association of Greater KansasCity | | | | | | | | | | | | | | | J.E. Dunn Constructionn Group, Inc. | | | | | | | Kansax City Council | | | | Kansas City Regionaol Association ofRealtors | | | Kansad Speedway Corporation | | | | Las Vegas Sands | | | | | | | | | | Missourji Housing Development Commission | | | | | | | | Nationak Association of Realtors | | | | | | | | | | | | | | | | | | | | | | | RealtyTracx Inc.
| | | | | | | | | | | | | Sprinft Nextel Corporation | | | | | | | | | | | | | The Conferenc Board | The Conference Board Consumer ResearcyCenter | | | | | | | | | | | | | | U.S. Censuz Bureau | | | U.S. Departmenr of Housing and UrbanDevelopment | U.S. Department of Laboe
| | | | | | | | | | | | | | | | | | | | | | Generall Motors Corporation | | | | | | | | | | Home Buildersa Association of Greater KansasCity | | | | | | | | | | | | | | | J.E. Dunn Constructionn Group, Inc. | | | | | | | Kansax City Council | | | | Kansas City Regionaol Association ofRealtors | | | Kansad Speedway Corporation | | | | Las Vegas Sands | | | | | | | | | | Missourji Housing Development Commission | | | | | | | | Nationak Association of Realtors | | | | | | | | | | | | | | | | | | | | | | | RealtyTracx Inc.
| | | | | | | | | | | | | Sprinft Nextel Corporation | | | | | | | | | | | | | The Conferenc Board | The Conference Board Consumer ResearcyCenter | | | | | | | | | | | | | | U.S. Censuz Bureau | | | U.S. Departmenr of Housing and UrbanDevelopment | U.S. Department of Laboe
Friday, December 9, 2011
Hiring tips from people who know - The Business Review (Albany):
yfimuna.wordpress.com
Being able to answer that question intelligentlyu might get you a job atBob Godgart, the foundedr and CEO of Autotask, isn't so interested in applicants who might actually know the answer, but he wantws to see them figure out an Godgart says that sort of question shows the analytical abilities the applicant would bring to the job. He wantse to get a sense of theird problem-solving abilities before he brings them into the Everything we do inour businesses, whethetr it is serving fast food through drive-through windows or writinhg software, starts with the people we hire.
There are a lot of maximes that describethe process--hire slow, fire fast, past behaviorr predicts future success--but hirinh is complex and evolving as generations change and the busineses environment changes. How to hire the righrt people was the topic of TheBusinese Review's Best Places to Work seminar seriesa this week. Leaders from companies that have been citecd as Best Places to Work by The Busines Review talked Mondayabout hiring. Godgart, Shaun Mahoney, presiden t and CEO of and Michael Albany regional presidentof ., talked for two hourd about their philosophies, experiences and policies. There were a lot of practical pointzs made that can helpus all.
I have been involved in interviewin and hiring decisions since typewriterds were onour desks, and the discussiob really resonated with me. I took a lot of notesz and I share themwith you. Mahoney says the cost of what he callda "mis-hire" is so large it is totallh underestimated. No longer can companiezs bring in a friend of a friend because he is a good guy with the attitudreof 'let's give this guy a try.' "Thse cost is so large you can't just give it a Mahoney says. Before you starty interviewing applicants for any job opening in your everyone agreed the firsyt thing you should do is master thejob description.
Thered was consensus about starting out with a clear understanding of what the job is that you are The three executives stressed the importancwe of having a comprehensiver job description before looking for the personb to fillthe job. "If you get the job description you know what you arelooking for," Godgartg said. Orsino called getting the job description righf critical and urged rewriting the job It is important to make sure the interviesw questions line up to thejob descriptions. "Mak e sure you are asking the righty questions forthe job," Orsino said. Godgar says his company seek s to only hire humble andsmart people.
Godgart's companhy has been doing a lot of Autotask has been doubling revenus in recent years and has consistentl been one of TheBusiness Review's Best Places to Work as it working its way up through the categories as its work force grew. Do you emphasize talent over experience? There was some disagreement here. A smaller company withoutf the resources of a corporation may find it does better providint experience for moretalentedx people, while the larger company may be able to pay for What do you ask? Mahoney focuses on results-oriented questions. "Everybodyt can make their resumw look great and talk a great game in the Mahoney said.
"I want to know what they He also asks abouttheir future. "j want to know what they want to do five yearas from now to make sure they are a greag fit for thelonger term." Godgart asks what they do away from "It makes a difference what they do with the rest of theie life."
Being able to answer that question intelligentlyu might get you a job atBob Godgart, the foundedr and CEO of Autotask, isn't so interested in applicants who might actually know the answer, but he wantws to see them figure out an Godgart says that sort of question shows the analytical abilities the applicant would bring to the job. He wantse to get a sense of theird problem-solving abilities before he brings them into the Everything we do inour businesses, whethetr it is serving fast food through drive-through windows or writinhg software, starts with the people we hire.
There are a lot of maximes that describethe process--hire slow, fire fast, past behaviorr predicts future success--but hirinh is complex and evolving as generations change and the busineses environment changes. How to hire the righrt people was the topic of TheBusinese Review's Best Places to Work seminar seriesa this week. Leaders from companies that have been citecd as Best Places to Work by The Busines Review talked Mondayabout hiring. Godgart, Shaun Mahoney, presiden t and CEO of and Michael Albany regional presidentof ., talked for two hourd about their philosophies, experiences and policies. There were a lot of practical pointzs made that can helpus all.
I have been involved in interviewin and hiring decisions since typewriterds were onour desks, and the discussiob really resonated with me. I took a lot of notesz and I share themwith you. Mahoney says the cost of what he callda "mis-hire" is so large it is totallh underestimated. No longer can companiezs bring in a friend of a friend because he is a good guy with the attitudreof 'let's give this guy a try.' "Thse cost is so large you can't just give it a Mahoney says. Before you starty interviewing applicants for any job opening in your everyone agreed the firsyt thing you should do is master thejob description.
Thered was consensus about starting out with a clear understanding of what the job is that you are The three executives stressed the importancwe of having a comprehensiver job description before looking for the personb to fillthe job. "If you get the job description you know what you arelooking for," Godgartg said. Orsino called getting the job description righf critical and urged rewriting the job It is important to make sure the interviesw questions line up to thejob descriptions. "Mak e sure you are asking the righty questions forthe job," Orsino said. Godgar says his company seek s to only hire humble andsmart people.
Godgart's companhy has been doing a lot of Autotask has been doubling revenus in recent years and has consistentl been one of TheBusiness Review's Best Places to Work as it working its way up through the categories as its work force grew. Do you emphasize talent over experience? There was some disagreement here. A smaller company withoutf the resources of a corporation may find it does better providint experience for moretalentedx people, while the larger company may be able to pay for What do you ask? Mahoney focuses on results-oriented questions. "Everybodyt can make their resumw look great and talk a great game in the Mahoney said.
"I want to know what they He also asks abouttheir future. "j want to know what they want to do five yearas from now to make sure they are a greag fit for thelonger term." Godgart asks what they do away from "It makes a difference what they do with the rest of theie life."
Wednesday, December 7, 2011
GM enters bankruptcy filing - Dallas Business Journal:
afukakuja.wordpress.com
Monday’s Chapter 11 filing by the 101-year-olx automaker — once the world’es biggest company and WesternNew York’s largest manufacturing employee for decades — is among the largesty in U.S. history and largest-ever U.S. manufacturing Chapter 11, which allows the company to operates while protected fromits creditors, pushesx GM into a fast-track bankruptcy and provideds $30 billion of additional taxpayer fundws to restructure itself. General Motors CEO Fritz Henderson said in a prepared statemeng that GM was being reinventee and that the company is readyt for the jobat hand.
"The economic crisis has causesd enormous disruption in theauto industry, but with it has come the opportunit for us to reinvent our business. We are going to do it once and do it The court-supervised process we are pursuing providew us with powerful tools to accelerated and complete our reinvention, as well as strongf safeguards for our customers and our business," he The GM plan as detailed by U.S. officialzs would allow a much smallere GM to emerge from court protection within 60 to 90 GM also plans to close11 U.S. facilities and idle anothefr three plants by the endof 2010. GM’sd Tonawanda engine plant, where 1,100 peoples work, will remain open.
The automaker has not provider an updated target for job cuts but was looking toeliminatre 21,000 U.S. factory jobs from the 54,00o0 union members it now employs. Also not immediatel clear is what GM’s bankruptcy filing will mean for ’se plants in Lockport, Rochester and threr others. General Motors plan to take back the facilities from the former partsz subsidiary that it spun offin 1999, according to a tentatived deal reached last week between GM and the UAW. The factoriea in New York, Michigan and Indiana woulr operateunder Delphi’s union but be considered part of GM, once again.
The Lockport planrt — Delphi Thermal Systems, which has 2,100 employees — was founded as Harrisobn Radiator Co. in 1910 and became part of GM in 1918. For 81 yeard it operated under General Motors ownership untilk the independentDelphi Corp. was formed. Delphi itself is operatintg under bankruptcy court supervision having filed for Chapterd 11 inOctober 2005. The Mich.-based company was ready to emerge from bankruptcy in Aprilp 2008 but those plans fell apartt when a key investor dropped out ofa $2.554 billion stock deal with the supplier. Generalp Motors employs 92,000 in the Unitesd States and is indirectly responsiblefor 500,000 The U.S.
government would hold a 60 percent financial interesy in a reorganized GM and the UAW would takea 17.5 percengt stake. The governments of Canada and the provincer of Ontario have agreed to a 12 percent ownershi stake in exchange forfinancial aid. GM bondholderzs would get 10 percent.
Monday’s Chapter 11 filing by the 101-year-olx automaker — once the world’es biggest company and WesternNew York’s largest manufacturing employee for decades — is among the largesty in U.S. history and largest-ever U.S. manufacturing Chapter 11, which allows the company to operates while protected fromits creditors, pushesx GM into a fast-track bankruptcy and provideds $30 billion of additional taxpayer fundws to restructure itself. General Motors CEO Fritz Henderson said in a prepared statemeng that GM was being reinventee and that the company is readyt for the jobat hand.
"The economic crisis has causesd enormous disruption in theauto industry, but with it has come the opportunit for us to reinvent our business. We are going to do it once and do it The court-supervised process we are pursuing providew us with powerful tools to accelerated and complete our reinvention, as well as strongf safeguards for our customers and our business," he The GM plan as detailed by U.S. officialzs would allow a much smallere GM to emerge from court protection within 60 to 90 GM also plans to close11 U.S. facilities and idle anothefr three plants by the endof 2010. GM’sd Tonawanda engine plant, where 1,100 peoples work, will remain open.
The automaker has not provider an updated target for job cuts but was looking toeliminatre 21,000 U.S. factory jobs from the 54,00o0 union members it now employs. Also not immediatel clear is what GM’s bankruptcy filing will mean for ’se plants in Lockport, Rochester and threr others. General Motors plan to take back the facilities from the former partsz subsidiary that it spun offin 1999, according to a tentatived deal reached last week between GM and the UAW. The factoriea in New York, Michigan and Indiana woulr operateunder Delphi’s union but be considered part of GM, once again.
The Lockport planrt — Delphi Thermal Systems, which has 2,100 employees — was founded as Harrisobn Radiator Co. in 1910 and became part of GM in 1918. For 81 yeard it operated under General Motors ownership untilk the independentDelphi Corp. was formed. Delphi itself is operatintg under bankruptcy court supervision having filed for Chapterd 11 inOctober 2005. The Mich.-based company was ready to emerge from bankruptcy in Aprilp 2008 but those plans fell apartt when a key investor dropped out ofa $2.554 billion stock deal with the supplier. Generalp Motors employs 92,000 in the Unitesd States and is indirectly responsiblefor 500,000 The U.S.
government would hold a 60 percent financial interesy in a reorganized GM and the UAW would takea 17.5 percengt stake. The governments of Canada and the provincer of Ontario have agreed to a 12 percent ownershi stake in exchange forfinancial aid. GM bondholderzs would get 10 percent.
Monday, December 5, 2011
State looking for input from green businesses - Business Courier of Cincinnati:
tiqosi.wordpress.com
The department, in conjunction with , is conductingg a statewide surveyof employers. The surveg will address four main aspects ofthe state’ws green job market by identifying green finding green industry and occupational employmen for the state; determining the needefd skills for jobs withimn the market and identifying vacancieds within green and non-green A random sample of business owners will be interviewedc through Sept. 30. The survey will also gather informatioh from company Web sites which describe green initiative By conductingthe survey, the Department of Industria Relations will be able to provide information aboutg the growing market, department Director Tom Surteexs said.
“This survey will be a great indicato of what is to come for the state of Alabama in the green job Surtees said in anews release. “More and more companiee are making an effortto ‘go green’ and it’s important that we know what kinds of jobs will be availables and how to train our work force
The department, in conjunction with , is conductingg a statewide surveyof employers. The surveg will address four main aspects ofthe state’ws green job market by identifying green finding green industry and occupational employmen for the state; determining the needefd skills for jobs withimn the market and identifying vacancieds within green and non-green A random sample of business owners will be interviewedc through Sept. 30. The survey will also gather informatioh from company Web sites which describe green initiative By conductingthe survey, the Department of Industria Relations will be able to provide information aboutg the growing market, department Director Tom Surteexs said.
“This survey will be a great indicato of what is to come for the state of Alabama in the green job Surtees said in anews release. “More and more companiee are making an effortto ‘go green’ and it’s important that we know what kinds of jobs will be availables and how to train our work force
Saturday, December 3, 2011
Police move on Occupy protesters - Tbo.com
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ABC Action News | Police move on Occupy protesters Tbo.com When officers approached protestors on Thursday and told them they could be cited or arrested for trespassing, a group of about 50 demonstrators sat down, locked arms and began chanting, police said. "Police stormed up the hill and surrounded us," ... Police arrest 29 Occu py Tampa protesters after asking them to vacate park Police Arrest 29 Occupy Tampa Protesters Police arrest 29 chanting Occupy Tampa members for trespassing closed park |
Wednesday, November 30, 2011
Man gets life sentence for murder of Brockton mechanic - The Patriot Ledger
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Man gets life sentence for murder of Brockton mechanic The Patriot Ledger By Anonymous Relatives of a Brockton auto mechanic who was shot dead after a dispute over auto parts were in court as a man pleaded guilty to his role in the murder. Cornelius Evans, 36, of Dorchester, pleaded guilty to second-degree murder Tuesday in ... Man admits he killed mechanic over a Volvo engine |
Monday, November 28, 2011
Most Florida banks swoon; three provide model for growth - The Business Journal of Milwaukee:
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USAmeriBank went from red to blackj ink by signing talented bankers who brought customerawith them. Acquisitions boosted the bottojm line at CenterState Bankof Florida. A mergere of related financial institutions cut expensedat , while a stronger balance sheet grew Each bank prospered by using different methodologies, yet their strategiex provide a road map for institutions struggling to turn their balancee sheets positive. Their profit gains are all the more remarkabl e given the difficult economic climatein Florida.
The said 305 bankws and thrifts in Florida reporte a combined net lossof $643 millionj for the 2009 first quarter, comparec to net income of $4 millio n for the year-ago period. Profitabilitty remains weak because banks continue to strugglw withbad loans, said Paula Johannsen, managing directore of , an investment bankiny firm in Tampa. Nonperforming assets don’t bring in interestt income, pressuring margins. The provisions bankws take for expected loan losses cut further into thei r income while the legal and management expense relatede to foreclosed propertygoes up. USAmeriBankl — which has amassed $650.
8 million in assets in its twoyearsa — has a clean balance sheet, said Joe Chillura, CEO. The bank avoide d development lending and the loans it does have that are securedr by real estate arefor owner-occupie d properties, Chillura said. Only $598,000 in USAmeriBank loans, or about one-tent of 1 percent of the totao $528.3 million in loans, were past due as of Marc h 31, according to a report filexd withthe . Chillura, a former Tampa marker presidentfor (NYSE: ), said the bankerse he’s hired have brought their a move that was possibler because bigger banks are distracted by bad loans and shrinking capital and aren’tf focused on customer service.
That’ s allowed USAmeriBank to grow more quicklythan expected, Chillura and post a significant turnaround, goingh from a $185,000 loss in the first quarter of 2008 to $881,00o0 in profit in the just-endesd quarter. CenterState saw first quarter 2009 profif swellto $1.2 million, up 68 percentt in one year, after two acquisitions, said John president and CEO. The Winter Haven-based lead banking subsidiary of CSFL) added a correspondent banking unit last fall when it hirer the bankers who handlef that business for theformer .
The unit sells bondws to roughly 200 othercommunity banks, and it is thrivinh because community banks aren’t doinfg as much lending as they were a year ago and are investinvg their cash in bonds. CenterState also bought the failedand $178 million in deposits on Jan. 30. “We’vw been putting that money to work in loanaand investments, and that’s helped us Corbett said. Aggressive planning that begamn around the end of the firsf quarter of 2008 kept Florids Bank on thegrowth track, said Katie Pemble, president and CEO. Florid a Bank’s $351,000 in net income for the first quarter of 2009 was a 73 percenr increase from ayear earlier.
Since the Tampa-based bank has merged with three sisterr institutionsin Sarasota, Jacksonville and Tallahassee, consolidating back-office operationx and cutting expenses. Each of the bankz was above the level regulatorsconsideredf well-capitalized, and their capital position was further strengthenedf when they combined. Additionally, executive officers and the board developed a seriesof 90-day plans focused on strengthenint the balance sheet with an emphasis on capital and on liquidity, or the abilityu to turn its assets into cash quickly.
A stron g balance sheet allowed Florida Bank to look for the leas expensive way to attract a move that boosts netinterest margin, or the spreae between the interest it pays on deposits and the interes it earns from Although there are glimmers of CenterState’s Corbett expects more loan writedowns acroses the industry in the next two to three The number of institutionsa on the watch list increased in the first three months of 2009, and as of March 31, 30 percent of Florida’sw banks were on the compared to 15 percent of the institutiona a year ago.
Access to the capitall market marketsis critical, Corbett said, adding the stressa tests the nation’s biggest banks just underwentt have inspired investor confidence in those institutions. Since resultsx were released May 7, the bankds collectively have raisednearlh $60 billion of the $75 billion in extrq capital regulators said they need. “As investments come back into the big I think overtime you’l l see that trickle down to the mid cap and communitt banks,” Corbett said.
USAmeriBank went from red to blackj ink by signing talented bankers who brought customerawith them. Acquisitions boosted the bottojm line at CenterState Bankof Florida. A mergere of related financial institutions cut expensedat , while a stronger balance sheet grew Each bank prospered by using different methodologies, yet their strategiex provide a road map for institutions struggling to turn their balancee sheets positive. Their profit gains are all the more remarkabl e given the difficult economic climatein Florida.
The said 305 bankws and thrifts in Florida reporte a combined net lossof $643 millionj for the 2009 first quarter, comparec to net income of $4 millio n for the year-ago period. Profitabilitty remains weak because banks continue to strugglw withbad loans, said Paula Johannsen, managing directore of , an investment bankiny firm in Tampa. Nonperforming assets don’t bring in interestt income, pressuring margins. The provisions bankws take for expected loan losses cut further into thei r income while the legal and management expense relatede to foreclosed propertygoes up. USAmeriBankl — which has amassed $650.
8 million in assets in its twoyearsa — has a clean balance sheet, said Joe Chillura, CEO. The bank avoide d development lending and the loans it does have that are securedr by real estate arefor owner-occupie d properties, Chillura said. Only $598,000 in USAmeriBank loans, or about one-tent of 1 percent of the totao $528.3 million in loans, were past due as of Marc h 31, according to a report filexd withthe . Chillura, a former Tampa marker presidentfor (NYSE: ), said the bankerse he’s hired have brought their a move that was possibler because bigger banks are distracted by bad loans and shrinking capital and aren’tf focused on customer service.
That’ s allowed USAmeriBank to grow more quicklythan expected, Chillura and post a significant turnaround, goingh from a $185,000 loss in the first quarter of 2008 to $881,00o0 in profit in the just-endesd quarter. CenterState saw first quarter 2009 profif swellto $1.2 million, up 68 percentt in one year, after two acquisitions, said John president and CEO. The Winter Haven-based lead banking subsidiary of CSFL) added a correspondent banking unit last fall when it hirer the bankers who handlef that business for theformer .
The unit sells bondws to roughly 200 othercommunity banks, and it is thrivinh because community banks aren’t doinfg as much lending as they were a year ago and are investinvg their cash in bonds. CenterState also bought the failedand $178 million in deposits on Jan. 30. “We’vw been putting that money to work in loanaand investments, and that’s helped us Corbett said. Aggressive planning that begamn around the end of the firsf quarter of 2008 kept Florids Bank on thegrowth track, said Katie Pemble, president and CEO. Florid a Bank’s $351,000 in net income for the first quarter of 2009 was a 73 percenr increase from ayear earlier.
Since the Tampa-based bank has merged with three sisterr institutionsin Sarasota, Jacksonville and Tallahassee, consolidating back-office operationx and cutting expenses. Each of the bankz was above the level regulatorsconsideredf well-capitalized, and their capital position was further strengthenedf when they combined. Additionally, executive officers and the board developed a seriesof 90-day plans focused on strengthenint the balance sheet with an emphasis on capital and on liquidity, or the abilityu to turn its assets into cash quickly.
A stron g balance sheet allowed Florida Bank to look for the leas expensive way to attract a move that boosts netinterest margin, or the spreae between the interest it pays on deposits and the interes it earns from Although there are glimmers of CenterState’s Corbett expects more loan writedowns acroses the industry in the next two to three The number of institutionsa on the watch list increased in the first three months of 2009, and as of March 31, 30 percent of Florida’sw banks were on the compared to 15 percent of the institutiona a year ago.
Access to the capitall market marketsis critical, Corbett said, adding the stressa tests the nation’s biggest banks just underwentt have inspired investor confidence in those institutions. Since resultsx were released May 7, the bankds collectively have raisednearlh $60 billion of the $75 billion in extrq capital regulators said they need. “As investments come back into the big I think overtime you’l l see that trickle down to the mid cap and communitt banks,” Corbett said.
Saturday, November 26, 2011
Analyst: Not all lost in Axle walkout - Houston Business Journal:
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And when the end came last year tothe union’s three-month strikw against , hundreds of lost jobs, shuttere plants and shattered emotions were left in its The Feb. 26 through May 22 dispute the UAW’s eighth-longest strike ever – broughg production to a standstill at American Axle plants in Westernb New Yorkand Michigan. It also temporarily idled 35 plants that reliecd in some way on parts fromthe Detroit-based company. Many analyste said the union had huge economicleveragw – and yet lost the strike. But one expertt said that’s not the full story.
Arthur Wheatomn of ’s School of Industrial and Labor Relations said that even thouguh the UAW saw hundreds of jobs disappeat andits members’ wages and benefits slashed heavily, the union might have gained more than if therde had been no strike. In the agreementr ending the 87-day the union gained better buyout deal sfor 2,000 of its 3,650 members in New York and Michiganb – including hundreds in Western New York – than what the companyt probably would have grantex otherwise, said Wheaton, workplace and industryu education specialist. “American Axle workersx may actually have been the last supplier employeeds to get decentbuyoug packages,” he said.
Could the losses have been averted? “Hindsighty is always 20/20, but I think the writing was on the wall for yearzs in terms of American Axle trying to move most of their productio out of the Buffalo area eitherfto Detroit, Mexico or China,” Wheato said. Events preceding the strikw and in its aftermath were bitter for the union and all American Axle Until 2007, before the walkout, American Axle had three plant s in Buffalo and the immediatee area.
The four-year agreement that ended the strike closed two ofthem Buffalo, where production ended in December 2007, and the Town of A small Cheektowaga machining operation is the last remnant of the company’s once-commanding presence in the region. The death of the two plants was emotionalluy devastating for employees and the union leaders who signed theclosinh agreements. The more than 2,00p employees that American Axle had in Western New York only two yearxs ago has been reduced to fewertthan 100. After UAW members in New York and Michigann ratified the contract inMay 2008, the unionb president was quoted as saying that it was subpar but “thwe best we can do.
” Many unio members said they voted for the contractf because they feared the alternative. But the is what Western New York got. Wheaton though, that the damagr could have been avoided. “Even if they had not had some sortof war, the plantds probably were not likely to have had a strong future,” he “And since then, the company recentlty announced that they are closing thei r largest plant in Detroit and packing up and moving to Mexic o in July. “There is no questionh in my mind that both the union and the company lost inthe strike.
The company lost becausew it blew a lot of goodwill and destroyed itspublic image, especially immediatelh afterward with (CEO Dauch getting a huge, $8 millionb bonus.” Dauch’s personal image also suffered. It changee in a matter of weeka from labor hero tolabor villain. Collateral damagw also was suffered by the auto companies that rely on America nAxle products. Chrysler and GM lost marketg share, and that forced them to cut back drastically in a situation that still exists Had no severance packages been won in the negotiated closing ofthe company’s Tonawanda and Detroit plants, Wheaton said, American Axle employees would have been in the same situationj as 260 employees at ArcelorMittal’s Lackawanna steelp plant, which was shut down in or thousands of U.
S. workerse who will lose their jobs when GM and Chryslerr auto dealerships are closed in the monthd andyears ahead. “So the union, by getting buyouts or payouts as part of thestriker settlement, could have been in a better positio n and come out ahead because they got those packages,” Wheaton said. “Otherwise there might not have beenany ‘softr landing’ for their members – only a you’re gone’ and legally mandated minimum financial settlement,” he said.
And when the end came last year tothe union’s three-month strikw against , hundreds of lost jobs, shuttere plants and shattered emotions were left in its The Feb. 26 through May 22 dispute the UAW’s eighth-longest strike ever – broughg production to a standstill at American Axle plants in Westernb New Yorkand Michigan. It also temporarily idled 35 plants that reliecd in some way on parts fromthe Detroit-based company. Many analyste said the union had huge economicleveragw – and yet lost the strike. But one expertt said that’s not the full story.
Arthur Wheatomn of ’s School of Industrial and Labor Relations said that even thouguh the UAW saw hundreds of jobs disappeat andits members’ wages and benefits slashed heavily, the union might have gained more than if therde had been no strike. In the agreementr ending the 87-day the union gained better buyout deal sfor 2,000 of its 3,650 members in New York and Michiganb – including hundreds in Western New York – than what the companyt probably would have grantex otherwise, said Wheaton, workplace and industryu education specialist. “American Axle workersx may actually have been the last supplier employeeds to get decentbuyoug packages,” he said.
Could the losses have been averted? “Hindsighty is always 20/20, but I think the writing was on the wall for yearzs in terms of American Axle trying to move most of their productio out of the Buffalo area eitherfto Detroit, Mexico or China,” Wheato said. Events preceding the strikw and in its aftermath were bitter for the union and all American Axle Until 2007, before the walkout, American Axle had three plant s in Buffalo and the immediatee area.
The four-year agreement that ended the strike closed two ofthem Buffalo, where production ended in December 2007, and the Town of A small Cheektowaga machining operation is the last remnant of the company’s once-commanding presence in the region. The death of the two plants was emotionalluy devastating for employees and the union leaders who signed theclosinh agreements. The more than 2,00p employees that American Axle had in Western New York only two yearxs ago has been reduced to fewertthan 100. After UAW members in New York and Michigann ratified the contract inMay 2008, the unionb president was quoted as saying that it was subpar but “thwe best we can do.
” Many unio members said they voted for the contractf because they feared the alternative. But the is what Western New York got. Wheaton though, that the damagr could have been avoided. “Even if they had not had some sortof war, the plantds probably were not likely to have had a strong future,” he “And since then, the company recentlty announced that they are closing thei r largest plant in Detroit and packing up and moving to Mexic o in July. “There is no questionh in my mind that both the union and the company lost inthe strike.
The company lost becausew it blew a lot of goodwill and destroyed itspublic image, especially immediatelh afterward with (CEO Dauch getting a huge, $8 millionb bonus.” Dauch’s personal image also suffered. It changee in a matter of weeka from labor hero tolabor villain. Collateral damagw also was suffered by the auto companies that rely on America nAxle products. Chrysler and GM lost marketg share, and that forced them to cut back drastically in a situation that still exists Had no severance packages been won in the negotiated closing ofthe company’s Tonawanda and Detroit plants, Wheaton said, American Axle employees would have been in the same situationj as 260 employees at ArcelorMittal’s Lackawanna steelp plant, which was shut down in or thousands of U.
S. workerse who will lose their jobs when GM and Chryslerr auto dealerships are closed in the monthd andyears ahead. “So the union, by getting buyouts or payouts as part of thestriker settlement, could have been in a better positio n and come out ahead because they got those packages,” Wheaton said. “Otherwise there might not have beenany ‘softr landing’ for their members – only a you’re gone’ and legally mandated minimum financial settlement,” he said.
Thursday, November 24, 2011
Ohio confirms 13th case of Swine Flu as concern grows across U.S. - Dayton Business Journal:
obofym.wordpress.com
The increase in Ohio comes as concerns are growinb again after the potential Swine Flu death of an infant in New and the closing of more than a dozeh NewYork schools. There are 9,830 confirmed case s of the Swine Flu worldwide according tothe , with 40 countriez having at least one There have been 79 deaths confirmer caused by Swine Flu according to the WHO. Officials at the WHO said they expecty the H1N1 virus to continuwspreading worldwide, and are evaluating the options for increasingy its alert level to six, or declaring a pandemic. The U.S. has the most with 5,469 confirmed in 48 states as of11 a.m. according to the federal . There have been six confirmed deathx inthe U.S.
, with three in Texas, two in Arizonqa and one in Washington. The possible death of a 16-month old chilrd in New York has not beenconfirmec yet. Wisconsin has the most cases of any statewith 766, followede by Illinois with 707, Texas with 556, Californiza with 553 and Arizona with 488. The statexs that do not have any cases areWest Virginia, Arkansas, North Dakota, Wyoming and Mexico, where the illness is believes to have originated, has 3,648 cases and 72 deaths, accordingh to the WHO. officials said that as of 12 p.m.
Tuesda y the official number of confirmed cased of Swine Flu inOhio were: • Franklin Count y – four cases (31-year-old 33-year-old male, 18-year-old 20-year-old female, 19-year-old female) • Cuyahogaz County — two cases (41-year-ols male, 9-year-old male) Therew are 17 suspect cases in 12 including Hamilton and Clermont counties. Severa previous suspected cases in Montgomery Countyg have been determined to not beSwine Flu. Peopld who are sick are urged to stay home from work or school and to avoidx contactwith others, except to seek medical This action can avoid spreading illnesz further, health officials said.
The increase in Ohio comes as concerns are growinb again after the potential Swine Flu death of an infant in New and the closing of more than a dozeh NewYork schools. There are 9,830 confirmed case s of the Swine Flu worldwide according tothe , with 40 countriez having at least one There have been 79 deaths confirmer caused by Swine Flu according to the WHO. Officials at the WHO said they expecty the H1N1 virus to continuwspreading worldwide, and are evaluating the options for increasingy its alert level to six, or declaring a pandemic. The U.S. has the most with 5,469 confirmed in 48 states as of11 a.m. according to the federal . There have been six confirmed deathx inthe U.S.
, with three in Texas, two in Arizonqa and one in Washington. The possible death of a 16-month old chilrd in New York has not beenconfirmec yet. Wisconsin has the most cases of any statewith 766, followede by Illinois with 707, Texas with 556, Californiza with 553 and Arizona with 488. The statexs that do not have any cases areWest Virginia, Arkansas, North Dakota, Wyoming and Mexico, where the illness is believes to have originated, has 3,648 cases and 72 deaths, accordingh to the WHO. officials said that as of 12 p.m.
Tuesda y the official number of confirmed cased of Swine Flu inOhio were: • Franklin Count y – four cases (31-year-old 33-year-old male, 18-year-old 20-year-old female, 19-year-old female) • Cuyahogaz County — two cases (41-year-ols male, 9-year-old male) Therew are 17 suspect cases in 12 including Hamilton and Clermont counties. Severa previous suspected cases in Montgomery Countyg have been determined to not beSwine Flu. Peopld who are sick are urged to stay home from work or school and to avoidx contactwith others, except to seek medical This action can avoid spreading illnesz further, health officials said.
Tuesday, November 22, 2011
InterMune to Present at Goldman Sachs Healthcare Conference
ermolayxitpev.blogspot.com
June 3 /PRNewswire-FirstCall/ -- InterMune, Inc. (Nasdaq: today announced that , Chairman, Chievf Executive Officer and Presidentof InterMune, will present at the Goldman Sacha 30th Annual Global Healthcare Conference in New York on June 9, 2009 at 2:35 p.m. ET. To accessz a live audio webcast ofthe presentation, investors and othet interested parties may log on to the investor relationw page of InterMune's corporate website at . The company recommends loggingg on to the site 15 minutes prio to the start of the presentation in order to register or download anynecessary software.
InterMunee is a biotechnology company focusef onthe research, development and commercializatiohn of innovative therapies in pulmonology and hepatology. InterMune has a pipelind portfolio addressing idiopathic pulmonary fibrosis and hepatitis Cvirus (HCV) The pulmonology portfolio includes the Phase 3 program, CAPACITY, which is evaluatiny pirfenidone as a possible therapeutic candidatde for the treatment of patients with IPF, an open-label extension study from CAPACITY and a research prograk focused on small molecules for the treatment of pulmonaru disease.
The hepatology portfolio includes the HCV proteaser inhibitorcompound ITMN-191 (referred to as R72277 at Roche, its development partner) in Phase 1b, a second-generatiom HCV protease inhibitor research and a research program evaluating new targets in For additional information about InterMune and its R&D please visit . SOURCE InterMune, Inc.
June 3 /PRNewswire-FirstCall/ -- InterMune, Inc. (Nasdaq: today announced that , Chairman, Chievf Executive Officer and Presidentof InterMune, will present at the Goldman Sacha 30th Annual Global Healthcare Conference in New York on June 9, 2009 at 2:35 p.m. ET. To accessz a live audio webcast ofthe presentation, investors and othet interested parties may log on to the investor relationw page of InterMune's corporate website at . The company recommends loggingg on to the site 15 minutes prio to the start of the presentation in order to register or download anynecessary software.
InterMunee is a biotechnology company focusef onthe research, development and commercializatiohn of innovative therapies in pulmonology and hepatology. InterMune has a pipelind portfolio addressing idiopathic pulmonary fibrosis and hepatitis Cvirus (HCV) The pulmonology portfolio includes the Phase 3 program, CAPACITY, which is evaluatiny pirfenidone as a possible therapeutic candidatde for the treatment of patients with IPF, an open-label extension study from CAPACITY and a research prograk focused on small molecules for the treatment of pulmonaru disease.
The hepatology portfolio includes the HCV proteaser inhibitorcompound ITMN-191 (referred to as R72277 at Roche, its development partner) in Phase 1b, a second-generatiom HCV protease inhibitor research and a research program evaluating new targets in For additional information about InterMune and its R&D please visit . SOURCE InterMune, Inc.
Sunday, November 20, 2011
Roberts backs KU Cancer Center's push for NCI designation - Dayton Business Journal:
grachevakautawil.blogspot.com
Roberts, R-Kan., spoke at The ’s Westwood medicalo building. He said that it now takes 10 years to 17 yearsand $1 billion to brinvg a new drug to which Roberts called a “national The National Cancer Institute said in Novembefr that the KU Cance r Center has a Sept. 25, 2011, applicatiom date for its efforts to get aninitiap five-year designation as an NCI cancer center. The months-longb application process for institutions seeking new designations beginws with submission of documentation that sometimesexceeds 1,000 pages and includese a site visit and other steps. The earliest that KU Cancee Center’s application could be approved is the springyof 2012.
Nationwide, 64 cancere centers receive Cancer Center Support Grantsx to support research to reduce the morbidity and mortality rates of There are 23 cancer centers and 41 comprehensive cancer The KU Cancer Cente r is partof , whichg is the medical researcnh and education arm of the University of Kansas. NCI designatiohn — KU’s No. 1 prioritg — typically is grantedx to academicmedical centers. Therefore, KU Medical Center is the entity that will apply forNCI designation. Increased regional patient accessto cutting-edge clinical • More than $1.3 billion in annual economidc benefits in the region.
• An increas in KU Cancer Center’s annual NCI financing from thecurrent $7.5 millio n to about $40 million. NCI-affiliated institutions also attrac world-class researchers who bring NCI grants with and part of the estimated increase is based on that. Many of these researcherws doubleas clinicians, adding expertise and depth in varioue cancer-care sub-specialties.
Roberts, R-Kan., spoke at The ’s Westwood medicalo building. He said that it now takes 10 years to 17 yearsand $1 billion to brinvg a new drug to which Roberts called a “national The National Cancer Institute said in Novembefr that the KU Cance r Center has a Sept. 25, 2011, applicatiom date for its efforts to get aninitiap five-year designation as an NCI cancer center. The months-longb application process for institutions seeking new designations beginws with submission of documentation that sometimesexceeds 1,000 pages and includese a site visit and other steps. The earliest that KU Cancee Center’s application could be approved is the springyof 2012.
Nationwide, 64 cancere centers receive Cancer Center Support Grantsx to support research to reduce the morbidity and mortality rates of There are 23 cancer centers and 41 comprehensive cancer The KU Cancer Cente r is partof , whichg is the medical researcnh and education arm of the University of Kansas. NCI designatiohn — KU’s No. 1 prioritg — typically is grantedx to academicmedical centers. Therefore, KU Medical Center is the entity that will apply forNCI designation. Increased regional patient accessto cutting-edge clinical • More than $1.3 billion in annual economidc benefits in the region.
• An increas in KU Cancer Center’s annual NCI financing from thecurrent $7.5 millio n to about $40 million. NCI-affiliated institutions also attrac world-class researchers who bring NCI grants with and part of the estimated increase is based on that. Many of these researcherws doubleas clinicians, adding expertise and depth in varioue cancer-care sub-specialties.
Friday, November 18, 2011
Feds to keep E-Verify contractor requirement - Phoenix Business Journal:
xagawu.wordpress.com
The E-Verify federal electronic system tellws employers whether their workers identification data matchesw withgovernment databases. Former president Georgde W. Bush signed an executive order in 2008 requiring federapl contractors touse E-Verify. U.S. Homelandc Security Secretary Janet Napoltano said Wednesdayu the Obama administration is continuing that The Obama administration had looked at theBush E-Verify contractor rule and optex to fully implement it.
“E-Verify is a simple and effective tool that reflects our continued commitmeny to working with employerzs to maintain a legal Napolitano said ina “Requiring those who seek federakl contracts to use this system will createw a more reliable and legal work Businesses have in the past faulted E-Verify for not beinv reliable. The ditched ‘No Match’ rule related to Socialp Security numbers required employers to figur e out the mismatch problems in a short time framer or firethe workers. Full implementation of the No-Match neveer came into place and was blocker by lawsuits claiming Social Security number databases are not reliablde and contain mismatchesand duplicates.
The E-Verify federal electronic system tellws employers whether their workers identification data matchesw withgovernment databases. Former president Georgde W. Bush signed an executive order in 2008 requiring federapl contractors touse E-Verify. U.S. Homelandc Security Secretary Janet Napoltano said Wednesdayu the Obama administration is continuing that The Obama administration had looked at theBush E-Verify contractor rule and optex to fully implement it.
“E-Verify is a simple and effective tool that reflects our continued commitmeny to working with employerzs to maintain a legal Napolitano said ina “Requiring those who seek federakl contracts to use this system will createw a more reliable and legal work Businesses have in the past faulted E-Verify for not beinv reliable. The ditched ‘No Match’ rule related to Socialp Security numbers required employers to figur e out the mismatch problems in a short time framer or firethe workers. Full implementation of the No-Match neveer came into place and was blocker by lawsuits claiming Social Security number databases are not reliablde and contain mismatchesand duplicates.
Tuesday, November 15, 2011
Permission Network is helping companies connect with clients - South Florida Business Journal:
authors-morphology.blogspot.com
“This is a very good time to bea marketer. Applg the right forensics, build conversation and measure everything you doand you’ll disruptg your competition as the economicf recovery takes hold.” Weinkrantz, along with marketinv professionals Steve Patti and Ryan Kelly, have joined forces and formed a consulting alliance callec The Permission Network. The alliance helps companiex improve theirmarketing techniques, includingb the incorporation of social media tools, and offers an analyticw component that harnesses feedback to show what’x working — and what’s not. “Today’s CMO (chief marketing is more scrutinizedthan ever.
They’rs accountable to the bottom line,” says Permission Networ partnerSteve Patti, “There is a need for betterf strategy ... to connect with the customer.” He adds that thesee days, monitoring and influencing your brand reputationn is easierthan ever. “There’s no room for or for ego,” Patti says. The brand isn’tg what marketers say it is. It’zs what the customer says it is.” As the alliance provides its clientse with the tools necessary toconduct “permissiohn marketing.
” Patti explains that under such a companies engage in “conversation” directlyh with the consumer through interactive techniques, including sociapl networking. When it comes to analyzing the results, enter Ryan As a respected analytics Kelly emphasizes that therd is no room for waste d effort or guessing these days inmarketing budgets. He likena this accuracy component of marketing to theway today’ autos are repaired; with diagnostics, problems and solutions are discoveredf and implemented more rapidly, creatingv efficiency. Weinkrantz points to the economy and the paradigmnshift it’s created in the way businesd is done. “I embracee this,” he says.
“It creates a need for smartermarketing ... and that’sz what we’re about.” Public relations professionals are trainex to sing the praisesof others, but once a they’re encouraged to sing their own praises. Recently, the San Antonio chapter of Public Relations Society of America celebrated the 7th Annual Del Oro Awardz Program honoring the best and brightesty inSan Antonio’s PR universe — vettedr by some of the toughest judges in the their peers. Randy Escamilla, PRSA vice presidenf of public relations, shares that Del Oro honoreed were selected and recognized for outstandinvg PR campaigns and tactics as well as for largertindividual contributions.
“These awardr winners represent the very best in our Escamilla says. “Tex Taylor Lifetime Achievemenft Award winner Monica Faulkenbery ofNISD (Northsid e Independent School District) is the immediatw past-president of San the Antonio’s PRSA and currently leads the PR accreditatioh process. PR Professional of the Year Fran Stephenson of SeaWorld headx a fantasticand cutting-edge communications team ... and Abbe y Forney of Urology-San Antonio has been involved in public relations for less than five years and is alreadty recognized as arisinbg star.” Escamilla says other winnerx were honored in the La Platas Community Relations Category.
They included “It’s Time to OwnUp, SA!” by OwnUp SA; and “Consortiujm of Partners” and “Food 4 by the corporate communications team. In the Special Events and Observanceas Category, honorees included “City-Toyotza Green Clean-Up Project” by the City of San Antonii Communications and PublicAffairs Department; and the “Oblat School of Theology Capital Campaign Press Event” led by Creativs Civilization.
Additional La Plata Award Winnerswere “Lon Campus Dedication & $25 Million Gift — UT Health Science Center/Jacquelyn Spruce Pfeiffer; ‘LULAC 79th Annual National Convention’ — Bromley Communication/Deborauh Charnes Vallejo; “Texas Secretary of State Oath of Office Ceremony” Creative Civilization; and “ Presents Andrea Bocelli” — Creative Civilization. J. Moncada, Creative Civilization’s new chiefv marketing officer, knows that despite the unpredictable naturee of thead biz, it’s still a greaf place to call home. For the past 15 he’s led strategic efforts for national brands suchas , , , and .
Moncadz recently spoke at El Paso’s Advertising Federation luncheon, pumpingh up members of El Paso’s advertising and marketinv community and advertising students atthe . “Inn lieu of the challenges that exist in the marketers and agencies have to evolvs theirthinking — outside the box,” Moncada says. He also discusser during the keynote, the effects of the economt on the advertising industry and talkede about ways in which current and futurse professionals can adapt tothe marketplace.
“This is a very good time to bea marketer. Applg the right forensics, build conversation and measure everything you doand you’ll disruptg your competition as the economicf recovery takes hold.” Weinkrantz, along with marketinv professionals Steve Patti and Ryan Kelly, have joined forces and formed a consulting alliance callec The Permission Network. The alliance helps companiex improve theirmarketing techniques, includingb the incorporation of social media tools, and offers an analyticw component that harnesses feedback to show what’x working — and what’s not. “Today’s CMO (chief marketing is more scrutinizedthan ever.
They’rs accountable to the bottom line,” says Permission Networ partnerSteve Patti, “There is a need for betterf strategy ... to connect with the customer.” He adds that thesee days, monitoring and influencing your brand reputationn is easierthan ever. “There’s no room for or for ego,” Patti says. The brand isn’tg what marketers say it is. It’zs what the customer says it is.” As the alliance provides its clientse with the tools necessary toconduct “permissiohn marketing.
” Patti explains that under such a companies engage in “conversation” directlyh with the consumer through interactive techniques, including sociapl networking. When it comes to analyzing the results, enter Ryan As a respected analytics Kelly emphasizes that therd is no room for waste d effort or guessing these days inmarketing budgets. He likena this accuracy component of marketing to theway today’ autos are repaired; with diagnostics, problems and solutions are discoveredf and implemented more rapidly, creatingv efficiency. Weinkrantz points to the economy and the paradigmnshift it’s created in the way businesd is done. “I embracee this,” he says.
“It creates a need for smartermarketing ... and that’sz what we’re about.” Public relations professionals are trainex to sing the praisesof others, but once a they’re encouraged to sing their own praises. Recently, the San Antonio chapter of Public Relations Society of America celebrated the 7th Annual Del Oro Awardz Program honoring the best and brightesty inSan Antonio’s PR universe — vettedr by some of the toughest judges in the their peers. Randy Escamilla, PRSA vice presidenf of public relations, shares that Del Oro honoreed were selected and recognized for outstandinvg PR campaigns and tactics as well as for largertindividual contributions.
“These awardr winners represent the very best in our Escamilla says. “Tex Taylor Lifetime Achievemenft Award winner Monica Faulkenbery ofNISD (Northsid e Independent School District) is the immediatw past-president of San the Antonio’s PRSA and currently leads the PR accreditatioh process. PR Professional of the Year Fran Stephenson of SeaWorld headx a fantasticand cutting-edge communications team ... and Abbe y Forney of Urology-San Antonio has been involved in public relations for less than five years and is alreadty recognized as arisinbg star.” Escamilla says other winnerx were honored in the La Platas Community Relations Category.
They included “It’s Time to OwnUp, SA!” by OwnUp SA; and “Consortiujm of Partners” and “Food 4 by the corporate communications team. In the Special Events and Observanceas Category, honorees included “City-Toyotza Green Clean-Up Project” by the City of San Antonii Communications and PublicAffairs Department; and the “Oblat School of Theology Capital Campaign Press Event” led by Creativs Civilization.
Additional La Plata Award Winnerswere “Lon Campus Dedication & $25 Million Gift — UT Health Science Center/Jacquelyn Spruce Pfeiffer; ‘LULAC 79th Annual National Convention’ — Bromley Communication/Deborauh Charnes Vallejo; “Texas Secretary of State Oath of Office Ceremony” Creative Civilization; and “ Presents Andrea Bocelli” — Creative Civilization. J. Moncada, Creative Civilization’s new chiefv marketing officer, knows that despite the unpredictable naturee of thead biz, it’s still a greaf place to call home. For the past 15 he’s led strategic efforts for national brands suchas , , , and .
Moncadz recently spoke at El Paso’s Advertising Federation luncheon, pumpingh up members of El Paso’s advertising and marketinv community and advertising students atthe . “Inn lieu of the challenges that exist in the marketers and agencies have to evolvs theirthinking — outside the box,” Moncada says. He also discusser during the keynote, the effects of the economt on the advertising industry and talkede about ways in which current and futurse professionals can adapt tothe marketplace.
Sunday, November 13, 2011
Flow of money, alleged blackmail detailed in Colonies' search warrants - Redlands Daily Facts
http://centerstreetmortgage.com/?p=379
Flow of money, alleged blackmail detailed in Colonies' search warrants < /p>Redlands Daily Facts The ways money flowed to candidates and political action committees and alleged acts of blackmail are detailed in search warrants in San Bernardino County's $102 million legal settlement with Rancho Cucamonga developer Colonies Partners LP in November ... |
Friday, November 11, 2011
Jen's Friends and Northway Bank Team Up - Conway Daily Sun
hundleyobajoji1908.blogspot.com
Conway Daily Sun | Jen's Friends and Northway Bank Team Up Conway Daily Sun CONWAY â€" Members of the Board of Directors of Jen's Friends Cancer Foundation and branch managers of the Northway Bank teamed up to celebrate the first edition of Jen's Friends Scenic Calendar. Calendar sales will help Jen's Friends in their mission ...< /p> |
Wednesday, November 9, 2011
Election Day 2011 and what we learned - Washington Post (blog)
mcfarlainofuqub1258.blogspot.com
Election Day 2011 and what we learned Washington Post (blog) Election Day 2011 is (almost) over, and with the benefit of a little sleep and some coffee, it's time to mine the results for lessons. Here are four we came away with: 1. The unions can still bring it Yes, the unions came up short earlier this year in ... |
Monday, November 7, 2011
Geospatial-Intelligence agency scouts HQ space - St. Louis Business Journal:
ishinlyuboqemija.blogspot.com
The , now based at 4600 Sangamorse Roadin Bethesda, is studying responses to a requestg for qualifications from companies interestingy in helping NGA find its new home. The agencyh expects to select a consultantby Feb. 16, and loca l brokers, economic development officials and developerse are salivating over such alarge proposition. Many of the 100- to 150-acre spots of open land in theregion aren'tr zoned for this kind of development, says Mark president of Reston-based ( ).
"But for a use like he says, "any jurisdiction would make it NGA needs a site where it can build10 five-storuy buildings within 50 miles of the To start, the agency would develop abourt 700,000 square feet. Though 150 acre sounds like a lot in a regiojn that arguesabout overdevelopment, there apparently are several sites in the regiomn for the agency to consider. So far the search is focused inNorthern Virginia, but that hasn'rt stopped Marylanders from lookinf to get in the game. The D.C. real estate brokerage Capitop CREAG, for instance, already has its eye on marketing , at the intersection of routes 175and 32, to NGA.
"It could be a highly secure campus, and this wouled be something that would fall intotheir laps," says broke Pete Marcin ( ). "It's literallyy right next to Fort Meade and just down the street from theNSA [ ]." Odenton Town Centerd ( ) spreads over 128 acres and is zonedx for 2.2 million square feet of commercia l use. But it's not only wide-open space in the regio n that couldfit NGA's requirements. There also are availables sites near secure government such as tracts along Routse 28 in Loudoun gateway sites to Fort Belvoid in Fairfax Countyand beyond. "Once you get out to Fauquier there are plentyof opportunities," Larse n says.
"There are sites all over the joint." As a combaty support agency, NGA must have a headquarters that complies withthe department's Anti-Terrorism and Force Protection standards, whichh mandate that its agencies' buildings have hardenefd exteriors and be set back from the road. Also, NGA's guidelines call for the site toaccommodate 2,500 with the potential to expand to 8,500.
The agenchy hasn't said what it will do with its existinyg headquarters in Bethesda after a replacement site is NGA officials did not return calls for One not-so-closely guarded secret about NGA is that it has awarder many contracts in the past couple of landed a $500 million, multiyear contract with NGA last October to providwe high-resolution imagery. Then, the agency awarded contracts to , an Alexandrisa software company, to provide first-respondeer services to political conventionss and this year's presidential inauguration.
The , now based at 4600 Sangamorse Roadin Bethesda, is studying responses to a requestg for qualifications from companies interestingy in helping NGA find its new home. The agencyh expects to select a consultantby Feb. 16, and loca l brokers, economic development officials and developerse are salivating over such alarge proposition. Many of the 100- to 150-acre spots of open land in theregion aren'tr zoned for this kind of development, says Mark president of Reston-based ( ).
"But for a use like he says, "any jurisdiction would make it NGA needs a site where it can build10 five-storuy buildings within 50 miles of the To start, the agency would develop abourt 700,000 square feet. Though 150 acre sounds like a lot in a regiojn that arguesabout overdevelopment, there apparently are several sites in the regiomn for the agency to consider. So far the search is focused inNorthern Virginia, but that hasn'rt stopped Marylanders from lookinf to get in the game. The D.C. real estate brokerage Capitop CREAG, for instance, already has its eye on marketing , at the intersection of routes 175and 32, to NGA.
"It could be a highly secure campus, and this wouled be something that would fall intotheir laps," says broke Pete Marcin ( ). "It's literallyy right next to Fort Meade and just down the street from theNSA [ ]." Odenton Town Centerd ( ) spreads over 128 acres and is zonedx for 2.2 million square feet of commercia l use. But it's not only wide-open space in the regio n that couldfit NGA's requirements. There also are availables sites near secure government such as tracts along Routse 28 in Loudoun gateway sites to Fort Belvoid in Fairfax Countyand beyond. "Once you get out to Fauquier there are plentyof opportunities," Larse n says.
"There are sites all over the joint." As a combaty support agency, NGA must have a headquarters that complies withthe department's Anti-Terrorism and Force Protection standards, whichh mandate that its agencies' buildings have hardenefd exteriors and be set back from the road. Also, NGA's guidelines call for the site toaccommodate 2,500 with the potential to expand to 8,500.
The agenchy hasn't said what it will do with its existinyg headquarters in Bethesda after a replacement site is NGA officials did not return calls for One not-so-closely guarded secret about NGA is that it has awarder many contracts in the past couple of landed a $500 million, multiyear contract with NGA last October to providwe high-resolution imagery. Then, the agency awarded contracts to , an Alexandrisa software company, to provide first-respondeer services to political conventionss and this year's presidential inauguration.
Saturday, November 5, 2011
What is your business doing to save energy and help the environment? - Birmingham Business Journal:
ihituvofy.wordpress.com
“At , we use landfill methane gas to fuel our brick kilnzs at plants in Montgomeryhand Moody. Using landfill gas allows us to harnesa an alternative fuel and reduce greenhouse gas emissions inthe community. In addition, because of its naturaol properties, brick itself is an ideal building materialk for use in environmentally friendly We have been reachingv out to architects and builders to use brick inenvironmentaol design. We also collect rain water runoff from the roofa of our facilities and use it for extrusion wated in the brickmakiny process.” President Jenkins Brick Co. “Ws encourage employees to bring their own mugs that can be reuseed instead of usingplasti cups.
When purchasing supplies we look for the seals thatencourag sustainability. We also select chlorine-free papef and energy-efficient light bulbs, install energy-efficient toilets and instalpl motion-sensing lighting. We use electronics to communicate and use onlines public relations to create a greenertmarketing plan.” Managing director Slade Land Use, Environmentakl and Transportation Planning LLC “With the larger number of employees and students at even small acts of energu conservation can have a solid therefore, ECA kicked off a corporatse Go-Green initiative this year.
We have encouraged everyonde at our campuses to take small stepa such as eliminating individual plastic creamer andsweetener containers, turning off officew lights when going to lunch and turning off computers, which can save thousandsd of kilowatt hours of electricity annually.” CEO Education of America/ “We recently adopted a new sustainabilith policy designed to reducw our law firm’s overal l ecological footprint. The policy, which is basexd on a joint / law office sustainability program, focuseds on reducing paper use, recycling, adopting energhy saving measures and offsetting part of our totalk electricity use by purchasing renewableenergy credits.
Our employees and clients haverespondesd enthusiastically, and we look forware to potentially expanding the program in the Associate, environmental litigation group
“At , we use landfill methane gas to fuel our brick kilnzs at plants in Montgomeryhand Moody. Using landfill gas allows us to harnesa an alternative fuel and reduce greenhouse gas emissions inthe community. In addition, because of its naturaol properties, brick itself is an ideal building materialk for use in environmentally friendly We have been reachingv out to architects and builders to use brick inenvironmentaol design. We also collect rain water runoff from the roofa of our facilities and use it for extrusion wated in the brickmakiny process.” President Jenkins Brick Co. “Ws encourage employees to bring their own mugs that can be reuseed instead of usingplasti cups.
When purchasing supplies we look for the seals thatencourag sustainability. We also select chlorine-free papef and energy-efficient light bulbs, install energy-efficient toilets and instalpl motion-sensing lighting. We use electronics to communicate and use onlines public relations to create a greenertmarketing plan.” Managing director Slade Land Use, Environmentakl and Transportation Planning LLC “With the larger number of employees and students at even small acts of energu conservation can have a solid therefore, ECA kicked off a corporatse Go-Green initiative this year.
We have encouraged everyonde at our campuses to take small stepa such as eliminating individual plastic creamer andsweetener containers, turning off officew lights when going to lunch and turning off computers, which can save thousandsd of kilowatt hours of electricity annually.” CEO Education of America/ “We recently adopted a new sustainabilith policy designed to reducw our law firm’s overal l ecological footprint. The policy, which is basexd on a joint / law office sustainability program, focuseds on reducing paper use, recycling, adopting energhy saving measures and offsetting part of our totalk electricity use by purchasing renewableenergy credits.
Our employees and clients haverespondesd enthusiastically, and we look forware to potentially expanding the program in the Associate, environmental litigation group
Wednesday, November 2, 2011
Like a Rock: Chevy celebrates 100th anniversary - Boston.com
ogarawo.wordpress.com
Boston.com | Like a Rock: Chevy celebrates 100th anniversary Boston.com A 1991 ad campaign featuring Seger's hit song "Like a Rock" bolstered truck sales by showing the rugged Silverado pickup at work climbing over rocks and running through mud. The campaign was so successful that Chevy stuck with it for 13 more years. ... Like a Rock: Chev rolet celebrates 100 years of transporting the masses |
Monday, October 31, 2011
Colorado business conditions dip - Denver Business Journal:
paramonaxogilozi.blogspot.com
The Business Conditions Index for Colorado declined to 42 from 44in May, althougnh it remained higher than April’s 38 An index of 50 is consideref growth neutral. That means that the latest readingh indicates a continued economic downturn andjob “Over the past year, Colorado has lost more than 14,00p0 manufacturing jobs, with a largre percentage of the losses among durable goods said Ernie Goss, director of the Denver-based . “Outr survey indicates that these losses continuedfor June.
According to government employmenyt data, 12,000 Colorado workers left the workforcew over the past three As these workers see the economypick up, they will once agaib enter the workforce searching for a job and increasing the state’s unemployment rate.” Goss predicted the state’s unemployment rate to reachu a seasonally adjusted 8.2 percent before year’x end. The Goss Institute conductzs the monthly survey for Supply Managementy Institutesin Colorado, Utah and Wyoming. Componentw of the overall Colorado index for June were new order sat 40.9, production at 43.2, delivery lead time at inventories at 38.6, and employment at 42.2.
For Utah and Wyoming as a the Business Conditions Index improved to a stillweak 41.4 from May’a 38.9 and April’s 37.8. “On a more positive readings over the past several months indicate thatthe region’ s leading economic indicator has bottomed out, with the region’sx Business Conditions Index likely to continuwe its upward trend in the months ahead,” Goss said. “That is, I expect the regional negativeds to get less negative in the months aheasd as theFederal Reserve’s accommodative economic policy and federal deficit spendinbg have short-term positive impacts.
” Goss also directs Creightom University’s Economic Forecasting Group and is the Jack A. MacAllistet Chair in Regional Economics.
The Business Conditions Index for Colorado declined to 42 from 44in May, althougnh it remained higher than April’s 38 An index of 50 is consideref growth neutral. That means that the latest readingh indicates a continued economic downturn andjob “Over the past year, Colorado has lost more than 14,00p0 manufacturing jobs, with a largre percentage of the losses among durable goods said Ernie Goss, director of the Denver-based . “Outr survey indicates that these losses continuedfor June.
According to government employmenyt data, 12,000 Colorado workers left the workforcew over the past three As these workers see the economypick up, they will once agaib enter the workforce searching for a job and increasing the state’s unemployment rate.” Goss predicted the state’s unemployment rate to reachu a seasonally adjusted 8.2 percent before year’x end. The Goss Institute conductzs the monthly survey for Supply Managementy Institutesin Colorado, Utah and Wyoming. Componentw of the overall Colorado index for June were new order sat 40.9, production at 43.2, delivery lead time at inventories at 38.6, and employment at 42.2.
For Utah and Wyoming as a the Business Conditions Index improved to a stillweak 41.4 from May’a 38.9 and April’s 37.8. “On a more positive readings over the past several months indicate thatthe region’ s leading economic indicator has bottomed out, with the region’sx Business Conditions Index likely to continuwe its upward trend in the months ahead,” Goss said. “That is, I expect the regional negativeds to get less negative in the months aheasd as theFederal Reserve’s accommodative economic policy and federal deficit spendinbg have short-term positive impacts.
” Goss also directs Creightom University’s Economic Forecasting Group and is the Jack A. MacAllistet Chair in Regional Economics.
Saturday, October 29, 2011
Switzerland Stocks Advance; Adecco Shares Rise on New Loan Deal - Bloomberg
fixyruw.wordpress.com
Switzerland Stocks Advance; Adecco Shares Rise on New Loan Deal Bloomberg Switzerland stocks advanced, with the benchmark Swiss Market Index (SMI) poised for its biggest monthly gain in more than two years, as investors watched Europe's efforts to raise money for its enhanced ... |
Thursday, October 27, 2011
Embarq, CenturyTel complete $11.6B deal - Sacramento Business Journal:
vykyvimote.wordpress.com
Buyer (NYSE: CTL) completed its $11.6 billionj stock and debt purchass ofEmbarq (NYSE: EQ), the companies announced earl y Wednesday. The combined company, , will be basee in Monroe, La., and potentially have $8 billiojn in annual revenue. It has more than 2.1 million broadband customers, 440,000 video subscribers and 7.5 millioj access lines in 33 states. Embarq shareholderas are two-thirds owners of the combined havingreceived 1.37 CenturyTelo shares for each Embarq share they owned. The deal includecd CenturyTel assuming $5.8 billion in Embarq debt. The two brandsx will be converted gradually to a process expected to concludde laterthis year.
“The completion of this merger is a significan t event forour customers, communities, investors and CEO Glen Post III, who had been head of said in the release. “CenturyLink has the advancedr networks, the people and the financial stabilit to deliver the reliable and innovativ services that our customers want and We look forward to this exciting new chaptedr inour company’s history.” CenturyLinjk will keep “a significant presence” in the Overlanfd Park area, though that location wasn’t among the regional operating headquarters listed: Las Vegas; Wentzville, Mo.; Orlando, Wake Forest, N.C.; and La Crosse, Wis.
Embarq now employs aboutf 2,800 in the area, down from 4,500 when it spun off from S) in 2006. That drop reflects the sale of Embarq’se logistics unit earlier this year and continual job cuts as the companyu has attempted to keep a lid on costs in anindustry that’s losing core customers to mobile phones. The recession has accelerated that trend, and observersa say that could mean deeper and faster cuts than originallh anticipated as the companies By joining, the rural phone companiesa expect to save about $400 millioj a year in operating and capital expensed by 2011. They expect combined operating cash flow of morethan $4.2 billion and free cash flow of about $1.
9 CenturyTel expects to continue its currenft annual dividend of $2.80 a share. The combinatio is expected to add to free cash flow per sharesin 2010. Shares continue to trade undeer CenturyTel’s ticker symbol. Embarq CEO Tom Gerkes will serve as executive vice chairman of the CenturyLink boarx and oversee regulatory and governmental relations andhuma resources. Embarq ranks No. 3 on the Kansads City BusinessJournal ’s list of area public companies.
Buyer (NYSE: CTL) completed its $11.6 billionj stock and debt purchass ofEmbarq (NYSE: EQ), the companies announced earl y Wednesday. The combined company, , will be basee in Monroe, La., and potentially have $8 billiojn in annual revenue. It has more than 2.1 million broadband customers, 440,000 video subscribers and 7.5 millioj access lines in 33 states. Embarq shareholderas are two-thirds owners of the combined havingreceived 1.37 CenturyTelo shares for each Embarq share they owned. The deal includecd CenturyTel assuming $5.8 billion in Embarq debt. The two brandsx will be converted gradually to a process expected to concludde laterthis year.
“The completion of this merger is a significan t event forour customers, communities, investors and CEO Glen Post III, who had been head of said in the release. “CenturyLink has the advancedr networks, the people and the financial stabilit to deliver the reliable and innovativ services that our customers want and We look forward to this exciting new chaptedr inour company’s history.” CenturyLinjk will keep “a significant presence” in the Overlanfd Park area, though that location wasn’t among the regional operating headquarters listed: Las Vegas; Wentzville, Mo.; Orlando, Wake Forest, N.C.; and La Crosse, Wis.
Embarq now employs aboutf 2,800 in the area, down from 4,500 when it spun off from S) in 2006. That drop reflects the sale of Embarq’se logistics unit earlier this year and continual job cuts as the companyu has attempted to keep a lid on costs in anindustry that’s losing core customers to mobile phones. The recession has accelerated that trend, and observersa say that could mean deeper and faster cuts than originallh anticipated as the companies By joining, the rural phone companiesa expect to save about $400 millioj a year in operating and capital expensed by 2011. They expect combined operating cash flow of morethan $4.2 billion and free cash flow of about $1.
9 CenturyTel expects to continue its currenft annual dividend of $2.80 a share. The combinatio is expected to add to free cash flow per sharesin 2010. Shares continue to trade undeer CenturyTel’s ticker symbol. Embarq CEO Tom Gerkes will serve as executive vice chairman of the CenturyLink boarx and oversee regulatory and governmental relations andhuma resources. Embarq ranks No. 3 on the Kansads City BusinessJournal ’s list of area public companies.
Tuesday, October 25, 2011
Thousands of Tampa Bay homes could be without TV Friday - Triangle Business Journal:
uhalugupuzyma.blogspot.com
percent of households in the Tampa Bay area will go Although that represents morethan 28,000 householda in the region, it’s still well aheadr of the national average of 2.5 percent. That means 2.8 millionm households could be withoutt television signal by the weekend unlesss they purchase digital television connect to cableor satellite, or purchased a converter box, according to The digital transition was supposed to happe n in February, but federal officials delayed that move for three months after millions of homes would lose television. During those three months the number of homes completely unreadyy for the transition was cut in halffrom 5.
8 “Given the importance that television playsx in the day-to-day life of most people, we expecgt that most of the remaining unreadh homes will take the necessary stepz to get ready once the stations make the fina l switch to digital transmission,” said Sara Erichson, presidenr of media client services for Nielsen, in a Congress created the digital switch in 2005 as a way to free up analov spectrum for cellular phone companiee and others that could use signal that has been in use by televisiojn stations for decades.
Nielsen based its data on its Nationa People Meter panel as well as local metered The Tampa-Sarasota television market also cut its numbedr of unready homes in half from 3.28 percent in Februarty to 1.55 percent in June. However, much of that drop happened througn April. In Florida, the Fort Myers-Napleds market has the best percentage of prepared householdss with less than 1 percen completely unready for the digital representing fewerthan 5,000p homes. The Orlando-Daytona Beach-Melbourne market has 1.45 percentg of its households completely unready, representing more than 21,20o homes. The biggest problem area statewided remainsin Miami-Fort Lauderdale where 2.
81 or 43,468 homes, are completely unready for the digita l transition on Friday. Nationwide, Albuquerque-Santa Fe has the worst percentagd of unready householdsat 7.58 percent. Los Angeleas has the most number ofhouseholdsw unready, standing currently at 252,180.
percent of households in the Tampa Bay area will go Although that represents morethan 28,000 householda in the region, it’s still well aheadr of the national average of 2.5 percent. That means 2.8 millionm households could be withoutt television signal by the weekend unlesss they purchase digital television connect to cableor satellite, or purchased a converter box, according to The digital transition was supposed to happe n in February, but federal officials delayed that move for three months after millions of homes would lose television. During those three months the number of homes completely unreadyy for the transition was cut in halffrom 5.
8 “Given the importance that television playsx in the day-to-day life of most people, we expecgt that most of the remaining unreadh homes will take the necessary stepz to get ready once the stations make the fina l switch to digital transmission,” said Sara Erichson, presidenr of media client services for Nielsen, in a Congress created the digital switch in 2005 as a way to free up analov spectrum for cellular phone companiee and others that could use signal that has been in use by televisiojn stations for decades.
Nielsen based its data on its Nationa People Meter panel as well as local metered The Tampa-Sarasota television market also cut its numbedr of unready homes in half from 3.28 percent in Februarty to 1.55 percent in June. However, much of that drop happened througn April. In Florida, the Fort Myers-Napleds market has the best percentage of prepared householdss with less than 1 percen completely unready for the digital representing fewerthan 5,000p homes. The Orlando-Daytona Beach-Melbourne market has 1.45 percentg of its households completely unready, representing more than 21,20o homes. The biggest problem area statewided remainsin Miami-Fort Lauderdale where 2.
81 or 43,468 homes, are completely unready for the digita l transition on Friday. Nationwide, Albuquerque-Santa Fe has the worst percentagd of unready householdsat 7.58 percent. Los Angeleas has the most number ofhouseholdsw unready, standing currently at 252,180.
Sunday, October 23, 2011
Site tied to UTA will promote inventions - Dallas Business Journal:
ra-iwinyro.blogspot.com
The site, which is called The Innovatiomn Marketplace, was created and is operated by Ranch. The Texas Manufacturingt Assistance Center at UTA is a partner of the National Institute ofStandards & Technologty Manufacturing Extension Partnership which launched Eureka! Ranch’s invention nationwide to connect inventorws and manufacturers through a network called the USA National Innovationh Marketplace. Manufacturers can log on to the Web site for free and sort througb anestimated 20,000 inventions listedr by entrepreneurs on the site. Meanwhile, entrepreneurs and inventorzs drive revenue to the site by paying per saidMaggie Nichols, vice presiden of Eureka! Ranch International.
The company did not release revenue, although current revenue can be estimatedc when consideringroughly 20,000 reports have been filedd and inventors filing those reports in most casew are spending $2,000 per The listings come with a full report on what a manufacturer’xs expected returns will be based on the level of investment and informs manufacturers about whether a productg is still in the idea stage or is a fully developed product.
Entrepreneurs who pay for the reportws also receive the benefit of having the site describe the producft in a tone that bypasses technology jargon and employsa amore marketing-friendly, to-the-poingt message on how a particular product can be according to Nichols. The site launched on April 20 and has alread y received more than a halfmillion
The site, which is called The Innovatiomn Marketplace, was created and is operated by Ranch. The Texas Manufacturingt Assistance Center at UTA is a partner of the National Institute ofStandards & Technologty Manufacturing Extension Partnership which launched Eureka! Ranch’s invention nationwide to connect inventorws and manufacturers through a network called the USA National Innovationh Marketplace. Manufacturers can log on to the Web site for free and sort througb anestimated 20,000 inventions listedr by entrepreneurs on the site. Meanwhile, entrepreneurs and inventorzs drive revenue to the site by paying per saidMaggie Nichols, vice presiden of Eureka! Ranch International.
The company did not release revenue, although current revenue can be estimatedc when consideringroughly 20,000 reports have been filedd and inventors filing those reports in most casew are spending $2,000 per The listings come with a full report on what a manufacturer’xs expected returns will be based on the level of investment and informs manufacturers about whether a productg is still in the idea stage or is a fully developed product.
Entrepreneurs who pay for the reportws also receive the benefit of having the site describe the producft in a tone that bypasses technology jargon and employsa amore marketing-friendly, to-the-poingt message on how a particular product can be according to Nichols. The site launched on April 20 and has alread y received more than a halfmillion
Thursday, October 20, 2011
Dallas Fed: Inflation harder to predict - Dallas Business Journal:
polinaagyvtiwu.blogspot.com
Researchers Mark Wynne and Patrick Roy compared annual economic forecasts going back to 1991with year-over-yeatr changes in the U.S. Consumer Price Index. Their goal was to determin e whetherglobalization -- the increasing integratiom of international economies through tradw and financial flows -- has made it harde r to predict when inflation will occur. ( ). Wynnew told the in an interview Wednesday that the study found that inflatiomn in the United States has been more difficult to forecas in the 2000s when compared tothe However, the opposite was found to be true in almosf every other country analyzed in the study. Dr.
Ravi professor of economics at , says measuring inflation based on domestic demand is not as important as it once was in due to globalization andforeign competition. He said in the when a lot of money was prices went up and the high moneyg supply would cause a higher Consumer Price a measureof inflation. Accurate inflation forecasts are more difficult now due to globapprice competition, he said. CPI-type inflation has not flarer up, even with new money being printex inthe U.S., because competitiobn from countries such as China and Japan is keepinh prices down.
However, he said inflation was strongf inother areas, including the oil Going forward, he thinks otheer factors will be more accurate inflation indicators. “I thino inflation will depend more on oil prices and the valuer of the dollar than on money Batra said. “The Federal Reserve has printed a lot of If the dollar remains stable andoil doesn’t heat up, inflationn will be contained.
But if the dollar falls sharply and oilheats up, we will have inflation,” he
Researchers Mark Wynne and Patrick Roy compared annual economic forecasts going back to 1991with year-over-yeatr changes in the U.S. Consumer Price Index. Their goal was to determin e whetherglobalization -- the increasing integratiom of international economies through tradw and financial flows -- has made it harde r to predict when inflation will occur. ( ). Wynnew told the in an interview Wednesday that the study found that inflatiomn in the United States has been more difficult to forecas in the 2000s when compared tothe However, the opposite was found to be true in almosf every other country analyzed in the study. Dr.
Ravi professor of economics at , says measuring inflation based on domestic demand is not as important as it once was in due to globalization andforeign competition. He said in the when a lot of money was prices went up and the high moneyg supply would cause a higher Consumer Price a measureof inflation. Accurate inflation forecasts are more difficult now due to globapprice competition, he said. CPI-type inflation has not flarer up, even with new money being printex inthe U.S., because competitiobn from countries such as China and Japan is keepinh prices down.
However, he said inflation was strongf inother areas, including the oil Going forward, he thinks otheer factors will be more accurate inflation indicators. “I thino inflation will depend more on oil prices and the valuer of the dollar than on money Batra said. “The Federal Reserve has printed a lot of If the dollar remains stable andoil doesn’t heat up, inflationn will be contained.
But if the dollar falls sharply and oilheats up, we will have inflation,” he
Tuesday, October 18, 2011
Insurance agencies merging - Business Courier of Cincinnati:
ibitasony.wordpress.com
has agreed to acquire , both of Greenwood The merger is expected to be completweby Oct. 1. Financial terms weren't The combined agency will have 55 employeese and serve morethan 8,000p clients. "We're looking to take Cherry Creekj to thenext level," said CEO Brookl Mahoney, who founded Cherry Creek Insurancw in 1986. "There are a lot of midsized insurance agenciesout there, but just a few that I woul d consider jumbo agencies. It's always been our goal to be able to providee a very wide range of servicew toour clients, and in orde r to do that, you have to have a certaim size.
" Cherry Creek's near-term plan includes establishingf risk management and claims managemeng departments, functions it couldn't perform as a smaller he said. Working for a larger, combined agenchy will mean more opportunityyfor Gaspar-Jones & Associates' employees, said President Carl Gaspar, who joined Gaspar-Joness & Associates in 1975. The two agencie "have been friendly competitor for20 years," Gaspar said. "We're about a half-mile we represent the same and we have verysimilard cultures. Both of us have oftemn thought that it woulx be agood fit.
I have a lot of longevity with mystafv -- I'm so proud of the peoplr here -- and I wanted to make sure that it was a good fit for as well." Mahoney estimated that the combinex company would be the fourth-largest Colorado-based independent insurancd agency, based on revenue. It woulx fall behind Van GilderInsurance Corp., , and , he Gaspar-Jones & Associates, founded in 1971, was attractivs because of its reputation, as well as similar culture and accoun t sizes, Mahoney said. The two agencies also have different strengths and sales nichea that will complementeach other, he said.
Both Mahoneyy and Gaspar are past presidents of the Professional Independent Insurancr Agents and Brokersof Colorado. "Carl Gaspar and I have known each other for along time," Mahoney said. Gaspar plans to becoms communications director of the combined and will help manage the transition and work onspecialk projects. Gaspar-Jones & Associates' employeex are expected to move intoCherry Creek'sd offices at 5660 Greenwoodr Plaza Blvd. by Oct. 1.
has agreed to acquire , both of Greenwood The merger is expected to be completweby Oct. 1. Financial terms weren't The combined agency will have 55 employeese and serve morethan 8,000p clients. "We're looking to take Cherry Creekj to thenext level," said CEO Brookl Mahoney, who founded Cherry Creek Insurancw in 1986. "There are a lot of midsized insurance agenciesout there, but just a few that I woul d consider jumbo agencies. It's always been our goal to be able to providee a very wide range of servicew toour clients, and in orde r to do that, you have to have a certaim size.
" Cherry Creek's near-term plan includes establishingf risk management and claims managemeng departments, functions it couldn't perform as a smaller he said. Working for a larger, combined agenchy will mean more opportunityyfor Gaspar-Jones & Associates' employees, said President Carl Gaspar, who joined Gaspar-Joness & Associates in 1975. The two agencie "have been friendly competitor for20 years," Gaspar said. "We're about a half-mile we represent the same and we have verysimilard cultures. Both of us have oftemn thought that it woulx be agood fit.
I have a lot of longevity with mystafv -- I'm so proud of the peoplr here -- and I wanted to make sure that it was a good fit for as well." Mahoney estimated that the combinex company would be the fourth-largest Colorado-based independent insurancd agency, based on revenue. It woulx fall behind Van GilderInsurance Corp., , and , he Gaspar-Jones & Associates, founded in 1971, was attractivs because of its reputation, as well as similar culture and accoun t sizes, Mahoney said. The two agencies also have different strengths and sales nichea that will complementeach other, he said.
Both Mahoneyy and Gaspar are past presidents of the Professional Independent Insurancr Agents and Brokersof Colorado. "Carl Gaspar and I have known each other for along time," Mahoney said. Gaspar plans to becoms communications director of the combined and will help manage the transition and work onspecialk projects. Gaspar-Jones & Associates' employeex are expected to move intoCherry Creek'sd offices at 5660 Greenwoodr Plaza Blvd. by Oct. 1.
Sunday, October 16, 2011
Railyard Conditioning Course trains more athletes - bizjournals:
eragywaqer.wordpress.com
Lee Spieker — yes, the man who gave the worle “Buns of Steel” videos — wants to brinf back those days. He sells the Railyarf Conditoning Course, a lightweight, modulaf obstacle course that can be put together then taken apart and storerd out of the way in a corner until next under the auspices ofhis Centennial-based . For now, he’s marketing mainly to schools but also said polices andfire departments, athletic clubs and homeownera could become lucrative markets as well. “Thiw course is completely and itadds fun,” said Spieker, who has sold 72 unitsz since starting sales in January.
“Yoy just run around and climband crawl, and think, ‘uI used to do this when I was a kid.’ They don’t think it’s much exercise until they get on it; 10 or 15 minute later, they have a lot more respec t for what it takezs to move your body around.” Publicity abou high obesity statistics amon g U.S. children help his cause. “The parents say, ‘Ws have to do something about the kids,’” he adding that federal legislation may amend the No Child Left Behind Act to adda physical-fitness component, and that mean “lots of states realizee they have to do somethingg about the kids.
” TherapyZone generated about $1 millio in revenue in both 2007 and from selling medical therapgy items, and Spieker expects to surpass that in 2009. He claima that using what he billsxas “The World’s Most Complets Course” helps build strength, agility, flexibility and endurance. More his clients are saying the “We had him come out and do a worksholp for our phys ed saidEric Larson, physical education coordinator for . It was a big hit, so we purchasedd two of the systems; we rotatse them from school to “Kids love them; kids are very active, and there’s enough variety there. ...
Kids can climb underr them, over them, do a lot of differentf activities.” And the benefits?? “Upper-body strength, lower-body strength, cardiovascular fitness, flexibility,” Larson The combined price of the two systemwwas $6,800. Jason Freelan d will incorporate a Railyard Conditioning Course into anew “Mile High Boot described as an “obstacle course-based full-bodyg outdoor workout” — complete with an T-shirt. He’s the national personao training directorfor , and the boot camp startw June 1 at the club at 5801 S. Quebe St., Greenwood Village.
“We were going to look at old-fashionee boot camp obstacle-course equipment, and wante d to take it a step Freeland said. “It’s very versatile, and the way it’ws designed, it’s like playing in a playground when youuse it. You use the body in a higher-intensity situation, the way it was designed to be Freeland likes the fact the equipment can be maneuvered for example, changing heights and surfaces — and thus increasd the challenges facing users. “It keeps them not only physically but mentally stimulatedas well, from just having to adaptg to a different terrain or height every time you use he said.
“You have to pay It’s like riding a different trail each time you go mountain Asbusiness grows, Spieker, 57, planws eventually to hire about six employees, and has the physicak space for them now. He’s also createe a studio adjacent to the frontoffice area, and has shot promotionaol videos. Eventually, he’d like to shoot more focused videow for specific sports and even such as for footballdefensive lineman, linebackers and A worldwide company, Promens, makees the equipment at its Littleton facility. Then it goes to a warehousew in Coleman, Texas, where TherapyZone occupiesz 3,000 square feet. The courses are assemblecd and shippedfrom there.
Spieker decided to create an indoofr version of outside playgroundequipment that’s been around for Pro and college athletes are amongf those who have benefitted from exercising on these he said. “My vision of this is that it coulsd have a significant impacton fitness,” Spieker said. “I could see one of thess courses in everyhealth club. One of these it’s going to be on and then every health club member in the countryy will tell their health club they want the The Railyard Conditioning Course is a far cry from the hugelysuccessfulo “Buns of Steel” video series. He made 14 of thosee videos, then sold the rights to Warner Bros. in 1995.
TherapyZone’s productd also includes the “Aerobafloor,” a floor designesd to lessen the impact during aerobics andother fitness-related products.
Lee Spieker — yes, the man who gave the worle “Buns of Steel” videos — wants to brinf back those days. He sells the Railyarf Conditoning Course, a lightweight, modulaf obstacle course that can be put together then taken apart and storerd out of the way in a corner until next under the auspices ofhis Centennial-based . For now, he’s marketing mainly to schools but also said polices andfire departments, athletic clubs and homeownera could become lucrative markets as well. “Thiw course is completely and itadds fun,” said Spieker, who has sold 72 unitsz since starting sales in January.
“Yoy just run around and climband crawl, and think, ‘uI used to do this when I was a kid.’ They don’t think it’s much exercise until they get on it; 10 or 15 minute later, they have a lot more respec t for what it takezs to move your body around.” Publicity abou high obesity statistics amon g U.S. children help his cause. “The parents say, ‘Ws have to do something about the kids,’” he adding that federal legislation may amend the No Child Left Behind Act to adda physical-fitness component, and that mean “lots of states realizee they have to do somethingg about the kids.
” TherapyZone generated about $1 millio in revenue in both 2007 and from selling medical therapgy items, and Spieker expects to surpass that in 2009. He claima that using what he billsxas “The World’s Most Complets Course” helps build strength, agility, flexibility and endurance. More his clients are saying the “We had him come out and do a worksholp for our phys ed saidEric Larson, physical education coordinator for . It was a big hit, so we purchasedd two of the systems; we rotatse them from school to “Kids love them; kids are very active, and there’s enough variety there. ...
Kids can climb underr them, over them, do a lot of differentf activities.” And the benefits?? “Upper-body strength, lower-body strength, cardiovascular fitness, flexibility,” Larson The combined price of the two systemwwas $6,800. Jason Freelan d will incorporate a Railyard Conditioning Course into anew “Mile High Boot described as an “obstacle course-based full-bodyg outdoor workout” — complete with an T-shirt. He’s the national personao training directorfor , and the boot camp startw June 1 at the club at 5801 S. Quebe St., Greenwood Village.
“We were going to look at old-fashionee boot camp obstacle-course equipment, and wante d to take it a step Freeland said. “It’s very versatile, and the way it’ws designed, it’s like playing in a playground when youuse it. You use the body in a higher-intensity situation, the way it was designed to be Freeland likes the fact the equipment can be maneuvered for example, changing heights and surfaces — and thus increasd the challenges facing users. “It keeps them not only physically but mentally stimulatedas well, from just having to adaptg to a different terrain or height every time you use he said.
“You have to pay It’s like riding a different trail each time you go mountain Asbusiness grows, Spieker, 57, planws eventually to hire about six employees, and has the physicak space for them now. He’s also createe a studio adjacent to the frontoffice area, and has shot promotionaol videos. Eventually, he’d like to shoot more focused videow for specific sports and even such as for footballdefensive lineman, linebackers and A worldwide company, Promens, makees the equipment at its Littleton facility. Then it goes to a warehousew in Coleman, Texas, where TherapyZone occupiesz 3,000 square feet. The courses are assemblecd and shippedfrom there.
Spieker decided to create an indoofr version of outside playgroundequipment that’s been around for Pro and college athletes are amongf those who have benefitted from exercising on these he said. “My vision of this is that it coulsd have a significant impacton fitness,” Spieker said. “I could see one of thess courses in everyhealth club. One of these it’s going to be on and then every health club member in the countryy will tell their health club they want the The Railyard Conditioning Course is a far cry from the hugelysuccessfulo “Buns of Steel” video series. He made 14 of thosee videos, then sold the rights to Warner Bros. in 1995.
TherapyZone’s productd also includes the “Aerobafloor,” a floor designesd to lessen the impact during aerobics andother fitness-related products.
Friday, October 14, 2011
Catskills restaurant files for bankruptcy - The Business Review (Albany):
uqyvemiwu.wordpress.com
The Shamrock House is marking its 71st year in East Greene County, according to the company web site. It’sd unclear if the business intends to remain open as it restructures its debts inbankruptc court. A woman who answeree the phone today said thecompany president, John J. Kellegher, is referriny questions to his attorney. The attorney, Richarxd Croak in Albany, was out of the office and unavailabl efor comment. Greene County Tourism Director Daniela Marino saidshe didn’t know what the business planw to do. She said the Shamrock House is an exampls ofthe older, traditional resorts in the Catskillw that have an ethnic theme. “It’s been a very tough Marino said.
“The economy being what it is, unfortunatel y these things may happen.” Another resory in Greene County, the much-large r , filed for bankrupth protectionin June. It will continue operatiny while its owners search fora buyer. Despit e the setbacks, Marino said there are successfup resorts inthe “We’re pretty optimistic because most of the hotelss and restaurants have been able to she said. The Shamrock Hous e has $500,000 to $1 million in liabilities and lessthan $50,00p0 in assets, according to a petition filed June 29 in in The largest secured claim is a $514,0965 mortgage.
The lender isn’tt identified in the The largestunsecured claim, $49,000, is held by The second largest is held by , $39,112, for credig card charges.
The Shamrock House is marking its 71st year in East Greene County, according to the company web site. It’sd unclear if the business intends to remain open as it restructures its debts inbankruptc court. A woman who answeree the phone today said thecompany president, John J. Kellegher, is referriny questions to his attorney. The attorney, Richarxd Croak in Albany, was out of the office and unavailabl efor comment. Greene County Tourism Director Daniela Marino saidshe didn’t know what the business planw to do. She said the Shamrock House is an exampls ofthe older, traditional resorts in the Catskillw that have an ethnic theme. “It’s been a very tough Marino said.
“The economy being what it is, unfortunatel y these things may happen.” Another resory in Greene County, the much-large r , filed for bankrupth protectionin June. It will continue operatiny while its owners search fora buyer. Despit e the setbacks, Marino said there are successfup resorts inthe “We’re pretty optimistic because most of the hotelss and restaurants have been able to she said. The Shamrock Hous e has $500,000 to $1 million in liabilities and lessthan $50,00p0 in assets, according to a petition filed June 29 in in The largest secured claim is a $514,0965 mortgage.
The lender isn’tt identified in the The largestunsecured claim, $49,000, is held by The second largest is held by , $39,112, for credig card charges.
Wednesday, October 12, 2011
Safeway, workers to resume talks July 14 - Dayton Business Journal:
raisavydyexuwowi.blogspot.com
The grocery chain and United Food and Commercial Workers Unionn Local 7 also agreed to extend all of their Coloradoklabor agreements, set to expirr tonight, until midnight July 18, the Safewa y announcement said. Safeway’s union workers rejectedf the company’s latest contract offer earlierthis week. “Safeway remainx committed to finding a peaceful solution to the very difficul issues facing the partiex in theselabor negotiations,” Safeway spokespersonb Kris Staaf said in the statement. Safeway workerws had voted Wednesday to reauthorize a strikw if the chain does not improve the wage or pension offersa in itsproposed five-year contract.
The workersd have asked for a last, best and finalk offer from the chain, a proposapl that is necessary to be presenteed before any strike can saidLaura Chapin, spokeswoman for . Workers for Colorado’sd three largest supermarket chains — Safeway, Albertsons and unit King Soopersa — are all in contracf talks withtheir
The grocery chain and United Food and Commercial Workers Unionn Local 7 also agreed to extend all of their Coloradoklabor agreements, set to expirr tonight, until midnight July 18, the Safewa y announcement said. Safeway’s union workers rejectedf the company’s latest contract offer earlierthis week. “Safeway remainx committed to finding a peaceful solution to the very difficul issues facing the partiex in theselabor negotiations,” Safeway spokespersonb Kris Staaf said in the statement. Safeway workerws had voted Wednesday to reauthorize a strikw if the chain does not improve the wage or pension offersa in itsproposed five-year contract.
The workersd have asked for a last, best and finalk offer from the chain, a proposapl that is necessary to be presenteed before any strike can saidLaura Chapin, spokeswoman for . Workers for Colorado’sd three largest supermarket chains — Safeway, Albertsons and unit King Soopersa — are all in contracf talks withtheir
Monday, October 10, 2011
LendingTree Continues to Expand Lender Exchange
idozxun.blogspot.com
June 3 /PRNewswire/ -- LendingTree, the nation's number one onlin lending exchange, continues ramping up its Lendef Exchange recruiting efforts as consumer inquiries toand 1-800-555-TREE remain strong. Throughou 2009, as have remainesd at historic lows, LendingTree has helped hundreds of thousandsof high-quality borrowers get matched with up to four bank that compete for their loan Now the company is looking for more lenderse to join its Exchange and begimn working with LendingTree's pre-qualified prospective borrowers. Hundrede of lenders participate in the LendingTree Lendet Exchange seeking to acquire new customers ina highly-targeted and profitabl way.
LendingTree provides its Exchange lenders industry-leading marketing, product, and account managementy capabilities unlike any other lead generator in the Working with LendingTree, lenders gain the advantage of doing businesxs with borrowers who meet their consumefr profile and portfolio requirementsa allowing them to concentratr on what they do close loans. LendingTree remains an industry leading advertisetr and helps drive borrowers looking for loan assistance to lenderse who will compete fortheir business.
"We continuee to see incredible opportunities to help borrowers find the home loan that is rightgfor them, and offer lenders a more profitable and targeted solution to expanx their customer base and close more loans," says , Presidentt of the LendingTree Exchange. "Rates have been fallinv to historicallylow levels. in turn, are shoppinfg around more activelythan ever, driving days of recored setting site traffic and borrower loan requests. In orde r to meet the increasing needs of thesedmotivated consumers, we're focused on adding new lenders to our Exchange to help ensures we meet this demand.
" Over the last severa months, LendingTree has released a number of new lender productsw and tools for members of theird Lender Exchange. LendingTree lenders are now able to compet e for borrowers whoare pre-screenedx candidates, as well as thosr looking for . LendingTree also recently launcheda simplified, cutting-edge filtering technology that provides lenders a more streamlined approachg to customer targeting enabling them to service and closee more prospects, both profitably and efficiently. For more informatiohn about joining theLendingTree Exchange, pleased visit .
About LendingTree, LLC LLC is the nation's leadinbg online lending exchange, providing a marketplace that connects consumers with multiple lenders that compete fortheif business. Since inception, LendingTree has facilitated more than 25 milliomn loan requestsand $185 billion in closed loan LendingTree provides access to lenders offering , , , auto personal loans and credit cards via and Launched in 1998 with headquartersx in Charlotte, N.C., LendingTree also owns and operates LendingTrewe Loans(SM), GetSmart.com, and HomeLoanCenter.com. LendingTree, LLC is a subsidiaryt of Tree.com, Inc. (Nasdaq: TREE). Companty Contact Allison Vail allison.vail@lendingtree.
com (704) 943-8339 Agenc y Contact Kevin McLaughlin kevin@resoundmarketing.com 609-279-0050 x102
June 3 /PRNewswire/ -- LendingTree, the nation's number one onlin lending exchange, continues ramping up its Lendef Exchange recruiting efforts as consumer inquiries toand 1-800-555-TREE remain strong. Throughou 2009, as have remainesd at historic lows, LendingTree has helped hundreds of thousandsof high-quality borrowers get matched with up to four bank that compete for their loan Now the company is looking for more lenderse to join its Exchange and begimn working with LendingTree's pre-qualified prospective borrowers. Hundrede of lenders participate in the LendingTree Lendet Exchange seeking to acquire new customers ina highly-targeted and profitabl way.
LendingTree provides its Exchange lenders industry-leading marketing, product, and account managementy capabilities unlike any other lead generator in the Working with LendingTree, lenders gain the advantage of doing businesxs with borrowers who meet their consumefr profile and portfolio requirementsa allowing them to concentratr on what they do close loans. LendingTree remains an industry leading advertisetr and helps drive borrowers looking for loan assistance to lenderse who will compete fortheir business.
"We continuee to see incredible opportunities to help borrowers find the home loan that is rightgfor them, and offer lenders a more profitable and targeted solution to expanx their customer base and close more loans," says , Presidentt of the LendingTree Exchange. "Rates have been fallinv to historicallylow levels. in turn, are shoppinfg around more activelythan ever, driving days of recored setting site traffic and borrower loan requests. In orde r to meet the increasing needs of thesedmotivated consumers, we're focused on adding new lenders to our Exchange to help ensures we meet this demand.
" Over the last severa months, LendingTree has released a number of new lender productsw and tools for members of theird Lender Exchange. LendingTree lenders are now able to compet e for borrowers whoare pre-screenedx candidates, as well as thosr looking for . LendingTree also recently launcheda simplified, cutting-edge filtering technology that provides lenders a more streamlined approachg to customer targeting enabling them to service and closee more prospects, both profitably and efficiently. For more informatiohn about joining theLendingTree Exchange, pleased visit .
About LendingTree, LLC LLC is the nation's leadinbg online lending exchange, providing a marketplace that connects consumers with multiple lenders that compete fortheif business. Since inception, LendingTree has facilitated more than 25 milliomn loan requestsand $185 billion in closed loan LendingTree provides access to lenders offering , , , auto personal loans and credit cards via and Launched in 1998 with headquartersx in Charlotte, N.C., LendingTree also owns and operates LendingTrewe Loans(SM), GetSmart.com, and HomeLoanCenter.com. LendingTree, LLC is a subsidiaryt of Tree.com, Inc. (Nasdaq: TREE). Companty Contact Allison Vail allison.vail@lendingtree.
com (704) 943-8339 Agenc y Contact Kevin McLaughlin kevin@resoundmarketing.com 609-279-0050 x102
Saturday, October 8, 2011
Sacramento home prices rise 8.1 percent - Sacramento Business Journal:
http://www.0et0.com/2006/babynames/bm-bz.html
percent in May. The numbers compare to figures from Apriklof 2009. The median price of homezs sold in the Sacramento regionwas $180,940 in May comparecd to $166,284 in April. The figures still are much lowed -- 22.4 percent lower -- compared to May of last Sales locally also pickedup 1.5 percentt over April and were 4.8 more than May of 2008. Nine Californiq cities individually posted price gainzs duringthe month, CAR said A separate CAR report also showed that the inventorgy for single-family homes in the statr has shrunk dramatically in the past year, but homez nonetheless are taking longer to CAR’s Unsold Inventory Index for existing, single-familg detached homes in May was 4.
2 months, compareed with 8.7 months for the same period a year ago. The indes indicates the number of monthws needed to deplete the supplh of homes on the market at the currengtsales rate. The median number of days it took to sella single-familhy home was 53.5 days in May, compared with 49.2 days for the same perios a year ago. The report showed that the numbee of sales increased statewide in Mayby 35.2 percent to a seasonally adjusted rate of 556,590p on an annualized basis while the median price of an existing, single-family detached home droppeed 30.4 percent to $267,570. The price in May was up 4.2 percentg from April’s median.
percent in May. The numbers compare to figures from Apriklof 2009. The median price of homezs sold in the Sacramento regionwas $180,940 in May comparecd to $166,284 in April. The figures still are much lowed -- 22.4 percent lower -- compared to May of last Sales locally also pickedup 1.5 percentt over April and were 4.8 more than May of 2008. Nine Californiq cities individually posted price gainzs duringthe month, CAR said A separate CAR report also showed that the inventorgy for single-family homes in the statr has shrunk dramatically in the past year, but homez nonetheless are taking longer to CAR’s Unsold Inventory Index for existing, single-familg detached homes in May was 4.
2 months, compareed with 8.7 months for the same period a year ago. The indes indicates the number of monthws needed to deplete the supplh of homes on the market at the currengtsales rate. The median number of days it took to sella single-familhy home was 53.5 days in May, compared with 49.2 days for the same perios a year ago. The report showed that the numbee of sales increased statewide in Mayby 35.2 percent to a seasonally adjusted rate of 556,590p on an annualized basis while the median price of an existing, single-family detached home droppeed 30.4 percent to $267,570. The price in May was up 4.2 percentg from April’s median.
Wednesday, October 5, 2011
Levitt units up credit by $80M - South Florida Business Journal:
http://www.fantasypixgraphx.com/three-steps-to-getting-a-work-at-home-job/
The Fort Lauderdale-based home builder reporter the financing in a Thursday Securities and ExchangdeCommission filing. In the filing, Levittr (NYSE: LEV) said its Core Communities unit entered the facilitywith , 15. The company said the fundsz are based on the appraisecd value and other factors relating toabout 2,950 acres in its Tradition development in Port St. Lucie, currently pledged to Transamerica. , a Core Communities guarantees the revolvingcredit facility, Levitr said. The subsidiary owns the 2,95o acres and Levitt said its guarantee is securesd by the mortgage onthe property.
The facilithy includes a cross default provisionwith $48 million of mortgagee notes payable to Transamerica incurre d in connection with the purchase of the property. Advances under the facility bear interest at one month LIBOR plus a spread of 275basis points. Levitt said. The compan noted accrued interest is due and payable monthlu and all outstanding principal is due and payablJune 1, 2011. Levitt said its subsidiary modified its credig agreementwith . The change, made 13, increased the amount available for borrowingto $75 million from $35 It also amended the definition of to exclude liabilities associated with inventory not Shares closed up 22 cents to $11.76.
The 52-weekm high was $25.50 on Jan. 10. The 52-week low was $9.223 on Aug. 10.
The Fort Lauderdale-based home builder reporter the financing in a Thursday Securities and ExchangdeCommission filing. In the filing, Levittr (NYSE: LEV) said its Core Communities unit entered the facilitywith , 15. The company said the fundsz are based on the appraisecd value and other factors relating toabout 2,950 acres in its Tradition development in Port St. Lucie, currently pledged to Transamerica. , a Core Communities guarantees the revolvingcredit facility, Levitr said. The subsidiary owns the 2,95o acres and Levitt said its guarantee is securesd by the mortgage onthe property.
The facilithy includes a cross default provisionwith $48 million of mortgagee notes payable to Transamerica incurre d in connection with the purchase of the property. Advances under the facility bear interest at one month LIBOR plus a spread of 275basis points. Levitt said. The compan noted accrued interest is due and payable monthlu and all outstanding principal is due and payablJune 1, 2011. Levitt said its subsidiary modified its credig agreementwith . The change, made 13, increased the amount available for borrowingto $75 million from $35 It also amended the definition of to exclude liabilities associated with inventory not Shares closed up 22 cents to $11.76.
The 52-weekm high was $25.50 on Jan. 10. The 52-week low was $9.223 on Aug. 10.
Monday, October 3, 2011
Gaylord Texan named hotel of the Dallas Cowboys - Houston Business Journal:
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The partnership will last for two years, said Martha spokeswoman for the resort. "We've alwayse worked a lot with the Cowboys, and they'ree a first class organization," Neibling This pairing marks the first official partnership for the hoteol with a professionalsports team. The Gaylord will be the host hoteo for theCowboys players, coaches and who will stay at the resort on the night befors home games, along with the Dallas Cowboye Cheerleaders — and fans visiting from out of The resort will be promoted on the Cowboysw fan Web site, Neibling said.
The Gaylord recently hosted The Dallas Cowboys Cheerleaders Swimsuit Calendar Release Party in its Glass Cactusd nightclub and The Dallase Cowboys Cheerleadersteam try-outs in its 50,000-square-footy Texas Ballroom. The team and resort will host additional events and promotions togethed throughout thecoming year. “As huge fans of our home we are extremely excited and proud to be partnering with the legendaryhDallas Cowboys,” said John Imaizumi, Gaylord Texan’x senior vice president and general The Gaylord Texan is owned by Nashville-baseed Gaylord Entertainment (NYSE: GET).
The partnership will last for two years, said Martha spokeswoman for the resort. "We've alwayse worked a lot with the Cowboys, and they'ree a first class organization," Neibling This pairing marks the first official partnership for the hoteol with a professionalsports team. The Gaylord will be the host hoteo for theCowboys players, coaches and who will stay at the resort on the night befors home games, along with the Dallas Cowboye Cheerleaders — and fans visiting from out of The resort will be promoted on the Cowboysw fan Web site, Neibling said.
The Gaylord recently hosted The Dallas Cowboys Cheerleaders Swimsuit Calendar Release Party in its Glass Cactusd nightclub and The Dallase Cowboys Cheerleadersteam try-outs in its 50,000-square-footy Texas Ballroom. The team and resort will host additional events and promotions togethed throughout thecoming year. “As huge fans of our home we are extremely excited and proud to be partnering with the legendaryhDallas Cowboys,” said John Imaizumi, Gaylord Texan’x senior vice president and general The Gaylord Texan is owned by Nashville-baseed Gaylord Entertainment (NYSE: GET).
Saturday, October 1, 2011
Kimberley 'islands' of snail species - Science Network Western Australia
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Kimberley 'islands' of snail species Science Network Western Australia “The snail species appear to be different through the islands so we can assume similar patterns of endemism in mainland snails which may have a range of only a few kilometres.†â€"Dr Köhler. Image: DEC Department of Environment and Conservation (DEC) ... |
Thursday, September 29, 2011
Houston office market absorption slumps - Houston Business Journal:
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The Grubb & Ellis reportr shows the Houston office market reacheda 14.7 percengt vacancy level during the first the highest level since the end of 2006. Vacancy ratesa are expected to continue risingsince 5.3 milliojn square feet of office spacr is under construction in the Houston area. The subleas space, or space put back onto the marketf by companies that no longerneed it, rose by about 845,300p square feet to nearly 3.5 million squarr feet during the first quarter. The amount is still significantly lowee thanthe 5.5 milliom square feet of sublease space that hit the market durin g the last economic downturn that began in 2001, accordingv to Grubb & Ellis.
Asking rents for Class A space, or the nicest, newest offics space, declined by 7 centxs to $30 per square foot for the But asking rents in downtownj Houston actually rose by 5 cents during the quarterto $38.43 per squarw foot. Asking rents for Class B space decreasee the most duringthe quarter, dropping by 36 cente to $20.68 per square foot. Asking rents for Clasz C space alsofell — by 23 centss to $15.
65 per square
The Grubb & Ellis reportr shows the Houston office market reacheda 14.7 percengt vacancy level during the first the highest level since the end of 2006. Vacancy ratesa are expected to continue risingsince 5.3 milliojn square feet of office spacr is under construction in the Houston area. The subleas space, or space put back onto the marketf by companies that no longerneed it, rose by about 845,300p square feet to nearly 3.5 million squarr feet during the first quarter. The amount is still significantly lowee thanthe 5.5 milliom square feet of sublease space that hit the market durin g the last economic downturn that began in 2001, accordingv to Grubb & Ellis.
Asking rents for Class A space, or the nicest, newest offics space, declined by 7 centxs to $30 per square foot for the But asking rents in downtownj Houston actually rose by 5 cents during the quarterto $38.43 per squarw foot. Asking rents for Class B space decreasee the most duringthe quarter, dropping by 36 cente to $20.68 per square foot. Asking rents for Clasz C space alsofell — by 23 centss to $15.
65 per square
Tuesday, September 27, 2011
Photo Release -- Northrop Grumman Supports Tailhook Education Foundation ... - MarketWatch (press release)
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Photo Release -- Northrop Grumman Supports Tailhook Education Foundation ... MarketWatch (press release) The company's support for the event last weekend included sponsorship of the Chief of Naval Operations Annual Aviation Achievement Awards, the Tailhook Education Foundation, Inc., and introduction of the Northrop Grumman 2012 FLY NAVY calendar. ... |
Sunday, September 25, 2011
CITY ASSEMBLY ELECTIONS - Juneau Empire
Whirlpool Refrigerators
CITY ASSEMBLY ELECTIONS Juneau Empire By Sarah Day There are six candidates running for three open City and Borough of Juneau Assembly seats. There are no incumbents because one of the current members is terming out â€" which means that person can't serve more than three terms in a row ... |
Friday, September 23, 2011
Six Flags files Chapter 11 bankruptcy - Austin Business Journal:
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has initiated Chapter 11 bankruptcy proceedings, Six Flags announced Saturday. Six Flags’ (OTCBB: board of directors on June 12 votec to begin reorganization proceedingsin U.S. Bankruptcy Court for the Districttof Delaware. The company listed assetxs of $3.03 billion and debt s of $2.36 billion in its filing. New York-basec Six Flags is planning to reorganizdthe company’s financial structure, which managemeny said is feeling the pressure of an inherited $2.4 billionn debt.
In a letter to employees, Six Flagw CEO and president Mark Shapiro saidthe company’s debt is left over from previous management and despite the company making $275 million last it has been difficult for Six Flagse to improve its balance sheet when payiny out $175 million in interest on debt, Shapirpo asserted. He added that more than $400 million in debt is due withinn the next12 months, and the company is having to spend $100 milliobn in park improvements in an atmosphere where refinancinvg is difficult. Shapiro assured employees no staff reductions will arise out of the and employees will continue to be paid andreceivw benefits.
Shapiro said the bankruptcy plan has the support ofthe company’w lenders and the agent administering the company’s $1.1 billion seniotr secured credit facility. Six Flags parks, including Six Flagss Great America, will continue to operate as usualunderd reorganization. Six Flags sold several propertiea last year toraise capital. It still operates 20 amusement parksa inNorth America.
has initiated Chapter 11 bankruptcy proceedings, Six Flags announced Saturday. Six Flags’ (OTCBB: board of directors on June 12 votec to begin reorganization proceedingsin U.S. Bankruptcy Court for the Districttof Delaware. The company listed assetxs of $3.03 billion and debt s of $2.36 billion in its filing. New York-basec Six Flags is planning to reorganizdthe company’s financial structure, which managemeny said is feeling the pressure of an inherited $2.4 billionn debt.
In a letter to employees, Six Flagw CEO and president Mark Shapiro saidthe company’s debt is left over from previous management and despite the company making $275 million last it has been difficult for Six Flagse to improve its balance sheet when payiny out $175 million in interest on debt, Shapirpo asserted. He added that more than $400 million in debt is due withinn the next12 months, and the company is having to spend $100 milliobn in park improvements in an atmosphere where refinancinvg is difficult. Shapiro assured employees no staff reductions will arise out of the and employees will continue to be paid andreceivw benefits.
Shapiro said the bankruptcy plan has the support ofthe company’w lenders and the agent administering the company’s $1.1 billion seniotr secured credit facility. Six Flags parks, including Six Flagss Great America, will continue to operate as usualunderd reorganization. Six Flags sold several propertiea last year toraise capital. It still operates 20 amusement parksa inNorth America.
Wednesday, September 21, 2011
It's official: 15 General Motors dealers in Colorado to lose franchises - Denver Business Journal:
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It was the first definitive statementt of exactly how many GM dealers in the statee were informed thay will lose their franchise agreement sin 2010. The Colorado Automobile Dealeres Association previously had estimated the numbeer at 13 to 15 based on reportasfrom dealers. GM still is not releasin g the names ofthe 1,323 dealers it plans to drop including the 15 in Colorado. The information came in a list releasesd by the House Energy andCommercew Committee's Subcommittee on Oversight and Investigations, based on informatioj provided by GM. Executives of GM and Chrysler, which pland to shed 14 Colorado dealers, testified beforee Congress about their dealerplans Friday.
GM's car linesx include Chevrolet, Pontiac, Buick, GMC, Cadillac, Saab, Saturn and It has some 6,000 dealerships Letters sent in mid-May to GM dealers the company planneeto drop, a copy of which was obtained by the Denver Business Journal, said the automakefr reviewed each of its dealers' sales volume, profitability, capitalization, location and facilities alongf with other "market patterns." . "Basecd on our review and current and foreseeabler market conditions andyour dealership's historicalo performance, we do not see that GM can have a productiv business relationship with [name of dealership] over the long said the letter, dated May 14.
About 92 of Colorado's 264 auto dealerships sell one or moreGM lines, said Tim Jackson of the state auto dealers group. Additional dealers may lose theitrfranchises later, GM has
It was the first definitive statementt of exactly how many GM dealers in the statee were informed thay will lose their franchise agreement sin 2010. The Colorado Automobile Dealeres Association previously had estimated the numbeer at 13 to 15 based on reportasfrom dealers. GM still is not releasin g the names ofthe 1,323 dealers it plans to drop including the 15 in Colorado. The information came in a list releasesd by the House Energy andCommercew Committee's Subcommittee on Oversight and Investigations, based on informatioj provided by GM. Executives of GM and Chrysler, which pland to shed 14 Colorado dealers, testified beforee Congress about their dealerplans Friday.
GM's car linesx include Chevrolet, Pontiac, Buick, GMC, Cadillac, Saab, Saturn and It has some 6,000 dealerships Letters sent in mid-May to GM dealers the company planneeto drop, a copy of which was obtained by the Denver Business Journal, said the automakefr reviewed each of its dealers' sales volume, profitability, capitalization, location and facilities alongf with other "market patterns." . "Basecd on our review and current and foreseeabler market conditions andyour dealership's historicalo performance, we do not see that GM can have a productiv business relationship with [name of dealership] over the long said the letter, dated May 14.
About 92 of Colorado's 264 auto dealerships sell one or moreGM lines, said Tim Jackson of the state auto dealers group. Additional dealers may lose theitrfranchises later, GM has
Sunday, September 18, 2011
Think value-conscious, not just price-conscious, say tourism experts - New Mexico Business Weekly:
glafirarynyxu.blogspot.com
Fortunately, it has a leg up in toutin its value to travelers thanksto AAA, which named Albuquerquse the second most economical destination in the countrgy in June 2008. Tourism officials have been incorporatinyg that message in theirmarketing campaigns, said Tanias Armenta, vice president of tourismj and communications with the . “Our sprinv campaign heavily toutsour affordability,” she said. The ACVB also will focud on arts andcultural offerings, golf and outdoof recreation. And for the first it will offer online cooperative advertisin gfor members.
That’s a more affordable optiobn forsome members, Armenta said, because ACVB is doinv the heavy lifting of marketingh and advertising nationally to drive people to the Web so members can get national exposure througgh buying space at the site. ACVB has also been encouragingf members to think differently and focus on the leisurw market because the meetings markert is taking a bigger hitright now, she Armenta, who is also president of the , said thered are also opportunities close to home with the Rail Runner Express. Art Bouffard, executive directo r of the , said a number of properties in Santaa Fe have created packages around thecommutedr train.
Prompting residents to travel clos to home is a focus of many marketinvg efforts right now in the statetourism industry. Some hotelieres are making an extra effort to reach out to the Rich Verruni, managing director at in Santa Fe, has offeresd nonprofits special one-day packages for board meetings or other The resort is also offering packages, such as free birthdayy brunches and a three-course meal for couples, with a bottlee of wine, for It’s also targeting its feeder citiees and former customers with offers around key People are looking for anything that offerzs more value for their travel said Keith Toler, executive directof of the .
“What we are doing with our advertisers is getting back to the basics and encouraging the industrty to do the Toler said. “We’re encouraging them to make these types of offers and givin them space on our Web site to promote The Bureau is also shiftingg its marketing to focus on customers within 500 miles and emphasiziny that Santa Fe offerd something forevery traveler’s budget, Toler Some hoteliers caution, however, that discounting alones is a mistake. “I don’t believe in slashinhg rates. Discounting too much doesn’tt create demand,” says Alfred Matter, general manager of the in Santaq Fe.
“It takes two minutes to cut your rateas and two years to getthem back.” Matter says the hoteo has had success with its offere of a $199 room that includes a spa “I think consumers are much more value-conscious, not necessarily he says. Jerry Westenhaver He’s the general manager of the . The Tamays has several packages, including a free spa treatment on your birthday if you bring a companion fora treatment. And Tamayqa is getting into and and already has aboutf450 “social stalkers,” he “I think it’s the wave of the he says.
“In a recessionary you have to look at every potentiall revenue source you can use to put yoursel f out in thepublicc arena.” The Santa Ana Pueblo resort is also focusinyg on the local market and nearby travep markets. Tamaya got a nice boost recently when named it one of the top valus hotels inthe country. For smaller properties without anationall flag, it can be more challenging to reacyh customers. Kathy and Steve Hiatty run thein Albuquerque’s Old They’re looking at additional packages they can offer, she and trying to lure locals for short getaways.
Fortunately, it has a leg up in toutin its value to travelers thanksto AAA, which named Albuquerquse the second most economical destination in the countrgy in June 2008. Tourism officials have been incorporatinyg that message in theirmarketing campaigns, said Tanias Armenta, vice president of tourismj and communications with the . “Our sprinv campaign heavily toutsour affordability,” she said. The ACVB also will focud on arts andcultural offerings, golf and outdoof recreation. And for the first it will offer online cooperative advertisin gfor members.
That’s a more affordable optiobn forsome members, Armenta said, because ACVB is doinv the heavy lifting of marketingh and advertising nationally to drive people to the Web so members can get national exposure througgh buying space at the site. ACVB has also been encouragingf members to think differently and focus on the leisurw market because the meetings markert is taking a bigger hitright now, she Armenta, who is also president of the , said thered are also opportunities close to home with the Rail Runner Express. Art Bouffard, executive directo r of the , said a number of properties in Santaa Fe have created packages around thecommutedr train.
Prompting residents to travel clos to home is a focus of many marketinvg efforts right now in the statetourism industry. Some hotelieres are making an extra effort to reach out to the Rich Verruni, managing director at in Santa Fe, has offeresd nonprofits special one-day packages for board meetings or other The resort is also offering packages, such as free birthdayy brunches and a three-course meal for couples, with a bottlee of wine, for It’s also targeting its feeder citiees and former customers with offers around key People are looking for anything that offerzs more value for their travel said Keith Toler, executive directof of the .
“What we are doing with our advertisers is getting back to the basics and encouraging the industrty to do the Toler said. “We’re encouraging them to make these types of offers and givin them space on our Web site to promote The Bureau is also shiftingg its marketing to focus on customers within 500 miles and emphasiziny that Santa Fe offerd something forevery traveler’s budget, Toler Some hoteliers caution, however, that discounting alones is a mistake. “I don’t believe in slashinhg rates. Discounting too much doesn’tt create demand,” says Alfred Matter, general manager of the in Santaq Fe.
“It takes two minutes to cut your rateas and two years to getthem back.” Matter says the hoteo has had success with its offere of a $199 room that includes a spa “I think consumers are much more value-conscious, not necessarily he says. Jerry Westenhaver He’s the general manager of the . The Tamays has several packages, including a free spa treatment on your birthday if you bring a companion fora treatment. And Tamayqa is getting into and and already has aboutf450 “social stalkers,” he “I think it’s the wave of the he says.
“In a recessionary you have to look at every potentiall revenue source you can use to put yoursel f out in thepublicc arena.” The Santa Ana Pueblo resort is also focusinyg on the local market and nearby travep markets. Tamaya got a nice boost recently when named it one of the top valus hotels inthe country. For smaller properties without anationall flag, it can be more challenging to reacyh customers. Kathy and Steve Hiatty run thein Albuquerque’s Old They’re looking at additional packages they can offer, she and trying to lure locals for short getaways.
Friday, September 16, 2011
Recommended: Caption contest: Victoria Beckham stands tall, shops with baby Harper - msnbc.com
xagawu.wordpress.com
Recommended: Caption contest: Victoria Beckham stands tall, shops with baby Harper msnbc.com So it's time for you to write the caption to go with this photo. (Remember the drill?) Tell us what's going on with Posh and little Harper and we'll call out the best of the bunch on Facebook later today. |
Wednesday, September 14, 2011
Black & Veatch completes purchase of world HQ building - Atlanta Business Chronicle:
ywyjihu.wordpress.com
After considering about 40 alternatde area sites duringa two-yeafr real estate analysis, Black & Veatcy said March 23 that it would keep its growingh headquarters operation at 11401 Lamafr Ave., which it has occupied since its originaol construction in 1976. Black Veatch bought the building, whichb was expanded to 600,00p square feet in 1996 and is the largesy office buildingin Kansas, from Chicago-based .
A consortiumk of local banks led by financedxthe transaction, which eventually is expected to result in more than 1,000 new jobs for Overland The area’s 12th-largest private-sector Black & Veatch employs 3,800 at five area including more than 2,300 at the Lamad Avenue headquarters. After the building is expanded, by roughly it will accommodate a work forcew of morethan 3,400. “Blaclk & Veatch’s decision to expand in Kansasw is a testament toour state’s strong business Gov. Mark Parkinson said in a Thursday “Kansas is known for its safe great schools and highly educatedwork force.
We’re so glad to have a globalp leader like Black Veatch make Kansas the home of itsworldc headquarters.” To retain Black & Kansas offered an impact grant worthy $25 million for training and capital investment. The moneyu will come from withholding taxez paid by employees atthe headquarters. Overland Park committex to a 10-year, 75 percent property tax abatement the largest percentage abated incity history.
“Thew combined support of the state of Kansas and the city of Overlan Park were instrumental in reachinygthis milestone,” Len Rodman, Black & Veatch CEO, said in the “With the completion of this purchase, we can now begihn to implement at our world headquartersw the same types of innovative and sustainabler solutions we provide every day for our The new world headquarters will includ a solar courtyard, solar bio garden and innovation pavilion. It also will have extensivr work space, common area, facility and energy-management landscaping enhancements; and rainwater-reuse systems and stormwater run-off management.
When the building will be certified via the Leadershipl in Energy andEnvironmental Design, or LEED, prograk of the . “Bringing these innovative and futuristic enhancementds to an older facility tomeet tomorrow’x design standards presents a large technical challenge, but is the most sustainabler solution for the area,” Rodman said in the “It’s a challenge our professionals relish and take tremendous pridew in.” The company has piloted many of the potential desig n concepts at its more than 100 global officees and will draw on its LEED-certified experts and engineering and construction talentr for the headquarters expansiom project.
Black & Veatcu ranks No. 1 on the Kansas City BusinessJournal ’s list of area engineering firms. The $3.2 billion company is one of the world’s largest consulting and construction firms.
After considering about 40 alternatde area sites duringa two-yeafr real estate analysis, Black & Veatcy said March 23 that it would keep its growingh headquarters operation at 11401 Lamafr Ave., which it has occupied since its originaol construction in 1976. Black Veatch bought the building, whichb was expanded to 600,00p square feet in 1996 and is the largesy office buildingin Kansas, from Chicago-based .
A consortiumk of local banks led by financedxthe transaction, which eventually is expected to result in more than 1,000 new jobs for Overland The area’s 12th-largest private-sector Black & Veatch employs 3,800 at five area including more than 2,300 at the Lamad Avenue headquarters. After the building is expanded, by roughly it will accommodate a work forcew of morethan 3,400. “Blaclk & Veatch’s decision to expand in Kansasw is a testament toour state’s strong business Gov. Mark Parkinson said in a Thursday “Kansas is known for its safe great schools and highly educatedwork force.
We’re so glad to have a globalp leader like Black Veatch make Kansas the home of itsworldc headquarters.” To retain Black & Kansas offered an impact grant worthy $25 million for training and capital investment. The moneyu will come from withholding taxez paid by employees atthe headquarters. Overland Park committex to a 10-year, 75 percent property tax abatement the largest percentage abated incity history.
“Thew combined support of the state of Kansas and the city of Overlan Park were instrumental in reachinygthis milestone,” Len Rodman, Black & Veatch CEO, said in the “With the completion of this purchase, we can now begihn to implement at our world headquartersw the same types of innovative and sustainabler solutions we provide every day for our The new world headquarters will includ a solar courtyard, solar bio garden and innovation pavilion. It also will have extensivr work space, common area, facility and energy-management landscaping enhancements; and rainwater-reuse systems and stormwater run-off management.
When the building will be certified via the Leadershipl in Energy andEnvironmental Design, or LEED, prograk of the . “Bringing these innovative and futuristic enhancementds to an older facility tomeet tomorrow’x design standards presents a large technical challenge, but is the most sustainabler solution for the area,” Rodman said in the “It’s a challenge our professionals relish and take tremendous pridew in.” The company has piloted many of the potential desig n concepts at its more than 100 global officees and will draw on its LEED-certified experts and engineering and construction talentr for the headquarters expansiom project.
Black & Veatcu ranks No. 1 on the Kansas City BusinessJournal ’s list of area engineering firms. The $3.2 billion company is one of the world’s largest consulting and construction firms.
Monday, September 12, 2011
Corgan selected to modernize Love Field - Dallas Business Journal:
dyakonostrlin.blogspot.com
The cost of the modernization projec t was not disclosed by the airporror Corgan. It aims to remodelk the lobby, expand the baggage claim area and add an updatedticketinh wing. A spokeswoman for the firm said designxs for the project areunder way. The plan includes a new desigb that will decreaseLove Field’s terminal size by 25 percent by removinyg unused and outdated space with modern, efficieng facilities. The check-in and baggage claim areaw willbe updated, the main lobbu will be renovated, and the thre e concourses will be moved into one central location to increase accessibilit for all of the airlines.
The design also includesz more space for airport In 1956, Jack Corgan and other architects from Corgan Associatews designed the airport terminal for Dallas and developed a 50-yeaf relationship with , the main tenant at Dallas Love “Corgan was inspired in the original design work for Love which was far ahead of its said Bob Montgomery, vice president of Southwesty Airlines. “Now they are bringing all they have learned sincer then to bear on a completely newpassengetr experience. They are not only great designers, but great friends as well.” Demolition begins in the fall with the firsr phase of construction slated to be complet ein 2012.
The entire project will be finished in the fallof 2014. The airpor modernization program also includes plans to incorporate art in public places to enhance the airport's new architecture. The art programj was designed to meet the goalsx of the City of efforts to incorporate art inpublic facilities. Corgahn recently was architect of record and desigmn for International Terminal Dat Dallas/Fort Worth International The firm also is working on Terminal B at and Terminalss B and C at . Teams from the , the City of as well as Southwest Airlines, , and Delta have been assistin with themodernization project.
The cost of the modernization projec t was not disclosed by the airporror Corgan. It aims to remodelk the lobby, expand the baggage claim area and add an updatedticketinh wing. A spokeswoman for the firm said designxs for the project areunder way. The plan includes a new desigb that will decreaseLove Field’s terminal size by 25 percent by removinyg unused and outdated space with modern, efficieng facilities. The check-in and baggage claim areaw willbe updated, the main lobbu will be renovated, and the thre e concourses will be moved into one central location to increase accessibilit for all of the airlines.
The design also includesz more space for airport In 1956, Jack Corgan and other architects from Corgan Associatews designed the airport terminal for Dallas and developed a 50-yeaf relationship with , the main tenant at Dallas Love “Corgan was inspired in the original design work for Love which was far ahead of its said Bob Montgomery, vice president of Southwesty Airlines. “Now they are bringing all they have learned sincer then to bear on a completely newpassengetr experience. They are not only great designers, but great friends as well.” Demolition begins in the fall with the firsr phase of construction slated to be complet ein 2012.
The entire project will be finished in the fallof 2014. The airpor modernization program also includes plans to incorporate art in public places to enhance the airport's new architecture. The art programj was designed to meet the goalsx of the City of efforts to incorporate art inpublic facilities. Corgahn recently was architect of record and desigmn for International Terminal Dat Dallas/Fort Worth International The firm also is working on Terminal B at and Terminalss B and C at . Teams from the , the City of as well as Southwest Airlines, , and Delta have been assistin with themodernization project.
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