a-ee85aqa.blogspot.com
The Bethesda-based developer's 26-acre office park in the Shadhy Grove Life Sciences Center is currently approvedfor 669,539 square feet of density and the campua currently contains half of or 350,000 square feet. At a May 28 work the Montgomery County Planning Board decided to recommend in its draftf Gaithersburg West Master Plan that the property be developed with up to twic e asmuch density, or contain up to 1.34 millionj square feet of office, retail and residentiao space. The southwest corner of the land currently includesa three-building complex that houses software and pharmaceuticapl tenants.
The north side of the propertuy contains the Metropolitan RegionalInformationaol Services' 72,000-square-foot headquarters. Last week, the board also recommended that Danac' Corridor Cities Transitway stop be located at or near itsnortheasterhn corner, near the intersection of Diamondbackk Drive and Decoverly Drive. That is good news for since the board had left out the stop inearlie drafts. The transit stop near the corner may be developec whether the state retainz the current road alignment or adoptzsthe county's locally preferred alternative.
The board also picked that location because the northeastern corner is considered to be convenien for pedestrians from the Decoverlyresidential "We have a long way to go, but we are encouragesd by the planning board's recommendations," said Timothty Dugan, a Danac attorney. Several more work sessions are scheduledf over the nexttwo months, and in July the planninhg board will send its drafft master plan to the county executive who will have 60 days to revieq and comment before it is sent to the county councilo for deliberations.
Thursday, June 30, 2011
Tuesday, June 28, 2011
CEO Ellison says Oracle might make netbooks - Phoenix Business Journal:
exceeding-commissioner.blogspot.com
His comments came at a Sun conference for userse of Java software which he also said coulds be usedon netbooks. Oracle (NASDAQ:ORCL) earlier this year agreed to acquire Sun for $7 billion. "I don't see why some of thoss devices shouldn't come from Reuters quoted Ellisonas saying. "There will be computers that are fundamentall basedon Java." Netbooks are inexpensive laptop computerx designed to connect wirelessly and are used primarilyu for checking email and browsing the Web. The market for them is expectefd to grow to betweehn 20 million and 30 million unitsthis year, up from the 11.7 million sold last year when their sales took off.
Most PC makerz now have a netbook model and if Oracls does get into the market it will go up againstthe . (NASDAQ:DELL) and , which eithef make netbooks or develop softwarsfor them. Acer said Tuesdayu it will make a laptop runningon ’s Android operating system instead of Microsoft Windows, which most makerz now use.
His comments came at a Sun conference for userse of Java software which he also said coulds be usedon netbooks. Oracle (NASDAQ:ORCL) earlier this year agreed to acquire Sun for $7 billion. "I don't see why some of thoss devices shouldn't come from Reuters quoted Ellisonas saying. "There will be computers that are fundamentall basedon Java." Netbooks are inexpensive laptop computerx designed to connect wirelessly and are used primarilyu for checking email and browsing the Web. The market for them is expectefd to grow to betweehn 20 million and 30 million unitsthis year, up from the 11.7 million sold last year when their sales took off.
Most PC makerz now have a netbook model and if Oracls does get into the market it will go up againstthe . (NASDAQ:DELL) and , which eithef make netbooks or develop softwarsfor them. Acer said Tuesdayu it will make a laptop runningon ’s Android operating system instead of Microsoft Windows, which most makerz now use.
Saturday, June 25, 2011
Coming soon to a Twitter feed near you: Promoted Tweets - Digitaltrends.com
ekaterinaiuvo.blogspot.com
Siliconrepublic.com | Coming soon to a Twitter feed near you: Promoted Tweets Digitaltrends.com We knew it was coming: Promoted Tweets are reportedly destined for your Twitter feed. Will users be outrage or apathetic? Earlier this year, a Twitter memo leaked revealing how the site planned to implement a major advertising campaign. ... Twitter to Put Promoted Tweets in Your Timeline in Next 2 Months Report: Twitter on the Verge of Inserting Promoted Tweets in Timelines Twitter May Add More Than Timeline Ads |
Thursday, June 23, 2011
Source: NCR to move headquarters, 1,300 jobs to Georgia - Jacksonville Business Journal:
youngmanmeledero1636.blogspot.com
The (NYSE: NCR) will move its headquarters and 1,2509 jobs to Duluth, Ga., as well as openinbg a 550,000-square-foot manufacturing operation in Macon, Ga., that will emplogy up to 880 people. Officials for NCR, which has 1,300 workersz in Dayton, could not be immediately reachec for commentMonday night. An officia l from Ohio Gov. Ted Strickland's office, who spoke to the Dayton Business Journal Monday said NCR’s CEO Bill Nuti told Stricklan d that the company has been eyeinhg Georgia for some time now. The , with locap officials expressing frustration that the company was not responding totheid requests. Georgia Gov.
Sonny Perdue is expected to make the official announcement Tuesday with NCR receiving tax incentives from the locakl officialsin Georgia. “They (NCR) can’t recruit talent to move to Ohio,” a source told the Chronicle. Montgomery Countt CommissionerDan Foley, sounding stunned when reached Monday declined comment. In the letter Strickland sent to NCR datedd Monday and obtained by the DaytonBusinessz Journal, the governor said he was tryingy “to take one last opportunityy to urge you to continue your operationsz in Ohio.” In the letter, Ohio offers NCR $31.
11 million worth of incentives to keep the operations Strickland's spokesperson declined official comment until the announcementg is made. NCR's departure would leave a vacant 1.3 million-square-foot, five-stor y office building near Dayton's downtown that is alreadyh hurting from high vacancy rates and jobs that have been leavinvg the city during the past several The lossof 1,300 high-payintg jobs from the city will have a negativee impact on Dayton's income tax receipts at a time when the city has faceed multi-million dollar budget deficits that have caused it to reduce its workforce and cut Rashad Young, Dayton city manager, said the city reacheds out to NCR multiple times in receny months, and that the city did all it coulde to engage the company.
Ohio State Sen. Jon R-Kettering, said he will retaih hope until the company makes anofficial announcement. “We have on multipled occasions reached out to NCR in an attempgt to identify ways to secure theird jobs and grow and be successful in Husted saidMonday evening. “I am not willing to give up hope.” Phil Parker, president and CEO, left a voicd message after business hours for a reporter Monday saying he had no Toni Bankston, director of marketing and communications for the Dayton Chamber, did not return calls seeking comment. The Dayton Chambe is one of the lead private groups in the city responsiblse for retention ofexisting companies.
In October, NCR said it would move its Worldwide Customer Services headquarters to anAtlanta suburb, investing $15 milliom and creating more than 900 jobs in the suburbes of Peachtree City and Deluth. The state of Georgiw provided morethan $8 million in incentives, according to officials. NCR, founded locallhy in 1884, is the Daytojn region’s second largest company, with 20,000 globaol employees and $5.3 billion in revenue in 2008. The which sells ATMs and retailautomatiomn systems, is Dayton’s lone remaining Fortune 500 company. At one the company had more than 18,000 employees in the Dayton area, but that numberr has dwindled during the pastseveral decades.
As recently as two years ago, NCR had about 2,00o0 Dayton employees. That number has declinefd by about 700 workerssince 2007. In NCR announced it was relocating its executive offices to New York City and leasin g an entire floor of the 7 World TradewCenter building. But, on paper, its headquarters remainexd in Dayton. In March, the companyu also told employees it is undergoing a structural reorganization and woule cut an unknown amount of its global Thatsame month, the company removed the language “world headquarters” from the sign at its Daytonh campus, though it said at the time it was just
The (NYSE: NCR) will move its headquarters and 1,2509 jobs to Duluth, Ga., as well as openinbg a 550,000-square-foot manufacturing operation in Macon, Ga., that will emplogy up to 880 people. Officials for NCR, which has 1,300 workersz in Dayton, could not be immediately reachec for commentMonday night. An officia l from Ohio Gov. Ted Strickland's office, who spoke to the Dayton Business Journal Monday said NCR’s CEO Bill Nuti told Stricklan d that the company has been eyeinhg Georgia for some time now. The , with locap officials expressing frustration that the company was not responding totheid requests. Georgia Gov.
Sonny Perdue is expected to make the official announcement Tuesday with NCR receiving tax incentives from the locakl officialsin Georgia. “They (NCR) can’t recruit talent to move to Ohio,” a source told the Chronicle. Montgomery Countt CommissionerDan Foley, sounding stunned when reached Monday declined comment. In the letter Strickland sent to NCR datedd Monday and obtained by the DaytonBusinessz Journal, the governor said he was tryingy “to take one last opportunityy to urge you to continue your operationsz in Ohio.” In the letter, Ohio offers NCR $31.
11 million worth of incentives to keep the operations Strickland's spokesperson declined official comment until the announcementg is made. NCR's departure would leave a vacant 1.3 million-square-foot, five-stor y office building near Dayton's downtown that is alreadyh hurting from high vacancy rates and jobs that have been leavinvg the city during the past several The lossof 1,300 high-payintg jobs from the city will have a negativee impact on Dayton's income tax receipts at a time when the city has faceed multi-million dollar budget deficits that have caused it to reduce its workforce and cut Rashad Young, Dayton city manager, said the city reacheds out to NCR multiple times in receny months, and that the city did all it coulde to engage the company.
Ohio State Sen. Jon R-Kettering, said he will retaih hope until the company makes anofficial announcement. “We have on multipled occasions reached out to NCR in an attempgt to identify ways to secure theird jobs and grow and be successful in Husted saidMonday evening. “I am not willing to give up hope.” Phil Parker, president and CEO, left a voicd message after business hours for a reporter Monday saying he had no Toni Bankston, director of marketing and communications for the Dayton Chamber, did not return calls seeking comment. The Dayton Chambe is one of the lead private groups in the city responsiblse for retention ofexisting companies.
In October, NCR said it would move its Worldwide Customer Services headquarters to anAtlanta suburb, investing $15 milliom and creating more than 900 jobs in the suburbes of Peachtree City and Deluth. The state of Georgiw provided morethan $8 million in incentives, according to officials. NCR, founded locallhy in 1884, is the Daytojn region’s second largest company, with 20,000 globaol employees and $5.3 billion in revenue in 2008. The which sells ATMs and retailautomatiomn systems, is Dayton’s lone remaining Fortune 500 company. At one the company had more than 18,000 employees in the Dayton area, but that numberr has dwindled during the pastseveral decades.
As recently as two years ago, NCR had about 2,00o0 Dayton employees. That number has declinefd by about 700 workerssince 2007. In NCR announced it was relocating its executive offices to New York City and leasin g an entire floor of the 7 World TradewCenter building. But, on paper, its headquarters remainexd in Dayton. In March, the companyu also told employees it is undergoing a structural reorganization and woule cut an unknown amount of its global Thatsame month, the company removed the language “world headquarters” from the sign at its Daytonh campus, though it said at the time it was just
Tuesday, June 21, 2011
Keller Williams opens Malta office - The Business Review (Albany):
bengeyqafiba1640.blogspot.com
Keller Williams Realty Distinctive Properties openef at 2715 Route 9 in Malta in a new officd building next to the RipeTomato restaurant. The 4,800-square-foo t office is near the , where of Sunnyvale, will be part-owner of a $4.6 billion chip plant that will emploty morethan 1,400 people. Construction of the chip fab is expectex to begin early next year and be completesby 2011. “By 2012 this thing ought to be fullyt functioning and by that time we shoulf absolutely be caught inthe wave,” said Rick team leader of the new Keller Williams franchise. Charles Cefalu, a developerf in Glens Falls, is operating principal and brokefr of record for thenew franchise.
Mendez previously sold real estatd for Coldwell Banker Prime Properties in This is the second franchisd in the Albany area forKeller Williams, which is based in Texas. The first opened last year in Lathaj and recently merged with ProRealty of NewYork Inc. in Saratogaq Springs to further boost a roster of agents that now totalabout 200. A new office opened in Saratoga Springs asa result. The two franchises have the exclusive righy to open offices withintheir territories, but sales agentxs can represent buyers and sellers anywherr in the region.
The territory for the new franchisw in Malta includes parts of Saratoga Countty outsideSaratoga Springs, Warren County and partz of Washington County, Mendez said. Mendeza said he was drawn to Keller Williams becausr he likes thebusinesd model, which includes profit The office has about 30 agents but hopes to grow to 150 to 200. The franchised also a commercial real estatd division to servicethe spin-off businesses that typicalluy cluster around chip fabs.
Keller Williams Realty Distinctive Properties openef at 2715 Route 9 in Malta in a new officd building next to the RipeTomato restaurant. The 4,800-square-foo t office is near the , where of Sunnyvale, will be part-owner of a $4.6 billion chip plant that will emploty morethan 1,400 people. Construction of the chip fab is expectex to begin early next year and be completesby 2011. “By 2012 this thing ought to be fullyt functioning and by that time we shoulf absolutely be caught inthe wave,” said Rick team leader of the new Keller Williams franchise. Charles Cefalu, a developerf in Glens Falls, is operating principal and brokefr of record for thenew franchise.
Mendez previously sold real estatd for Coldwell Banker Prime Properties in This is the second franchisd in the Albany area forKeller Williams, which is based in Texas. The first opened last year in Lathaj and recently merged with ProRealty of NewYork Inc. in Saratogaq Springs to further boost a roster of agents that now totalabout 200. A new office opened in Saratoga Springs asa result. The two franchises have the exclusive righy to open offices withintheir territories, but sales agentxs can represent buyers and sellers anywherr in the region.
The territory for the new franchisw in Malta includes parts of Saratoga Countty outsideSaratoga Springs, Warren County and partz of Washington County, Mendez said. Mendeza said he was drawn to Keller Williams becausr he likes thebusinesd model, which includes profit The office has about 30 agents but hopes to grow to 150 to 200. The franchised also a commercial real estatd division to servicethe spin-off businesses that typicalluy cluster around chip fabs.
Saturday, June 18, 2011
Officials confirm West Nile Virus in Chicago area; pets and humans at risk - Examiner.com
http://missiontravelexpert.com/3.html
Officials confirm West Nile Virus in Chicago area; pets and humans at risk Examiner.com Breaking News: Health officials said today that they have found birds in the Chicago area to be infected by the West Nile Virus. The birds were collected on June 8th and have tested positive today for the West Nile Virus. According to an official ... |
Thursday, June 16, 2011
TXCO Resources posts record revenue for 2007 - San Antonio Business Journal:
http://www.0et0.com/2006/wedding.html
TXCO (NASDAQ: TXCO), a San Antonio-based oil and gas set recordsfor revenues, oil and gas cash flow, total assets and provecd reserves. For the year ended Dec. 31, TXCO reported net income of $900,000, or 3 cents per on record revenuesof $93.9 This compares to net income of $7.2 or 22 cents per share, on revenuese of $72.4 million for 2006. This is a 30 percent increasde in revenues between the two Oil and gas sales increased 45 percentto $81.8 million in compared to a year ago. Assets rose to $354.67 million, nearly 150 percent above year-end 2006 The reason for the increase in assetsis TXCO'sw second quarter 2007 buyout of Output Exploration LLC.
For the fourthj quarter ended Dec. 31, 2007, the company reported net incomeof $1.8 or 5 cents per share, on revenues of $32.11 million. This compares to a $4.4 million net loss, or 13 centws per share, on revenues of $15.3 million for the same quarter ayear ago. "W began 2008 as a different compangy following the landmark changex that followed our acquisition of Output Explorationdurinvg 2007," Chairman and CEO James E. Sigmob says. The company continues to build upon its assets gainee in theOutput transaction.
Sigmon adds that the companyy also has opportunities to create even greater shareholdere value through the San Miguel oil Pearsall gasresource play, Glen Rose Porosity oil play and the Fort Trinidas Glen Rose shoals. "I remainj confident that we will see stronger continuing growthjin production, reserves, profitability and shareholdere value in 2008 and goinhg forward," he says.
TXCO (NASDAQ: TXCO), a San Antonio-based oil and gas set recordsfor revenues, oil and gas cash flow, total assets and provecd reserves. For the year ended Dec. 31, TXCO reported net income of $900,000, or 3 cents per on record revenuesof $93.9 This compares to net income of $7.2 or 22 cents per share, on revenuese of $72.4 million for 2006. This is a 30 percent increasde in revenues between the two Oil and gas sales increased 45 percentto $81.8 million in compared to a year ago. Assets rose to $354.67 million, nearly 150 percent above year-end 2006 The reason for the increase in assetsis TXCO'sw second quarter 2007 buyout of Output Exploration LLC.
For the fourthj quarter ended Dec. 31, 2007, the company reported net incomeof $1.8 or 5 cents per share, on revenues of $32.11 million. This compares to a $4.4 million net loss, or 13 centws per share, on revenues of $15.3 million for the same quarter ayear ago. "W began 2008 as a different compangy following the landmark changex that followed our acquisition of Output Explorationdurinvg 2007," Chairman and CEO James E. Sigmob says. The company continues to build upon its assets gainee in theOutput transaction.
Sigmon adds that the companyy also has opportunities to create even greater shareholdere value through the San Miguel oil Pearsall gasresource play, Glen Rose Porosity oil play and the Fort Trinidas Glen Rose shoals. "I remainj confident that we will see stronger continuing growthjin production, reserves, profitability and shareholdere value in 2008 and goinhg forward," he says.
Tuesday, June 14, 2011
Venture Bank appeals regulatory order - Puget Sound Business Journal (Seattle):
judonebolayb1394.blogspot.com
The $1.2 billion bank, with 18 branchesz across the state, objectx to the (FDIC)’s characterization of the bank as saidJim Arneson, president of Venture Bank, in an interview Monday. The FDIC on Friday made publica “prompgt corrective action” that it had served the bank on Feb. 13. The bank has 60 days from the date of the ordert to raise more sell itself or merge withanothetr bank, according to the order. Arnesonn said the bank filed an appealp after receiving the orderin February. At the root of the bank’z problem is a $41.y million loss it has taken as a resulyt of devalued investments in mortgagew giantsand . The loss had causedf its capital levelsto deteriorate.
Arnesonj said the bank is in talks with investors to raisdadditional capital, but could not say whether that will happe before the FDIC’s deadline. “We’re certainly doing all the things we’re being asked to he said. It’s unclear if Venture will be forced to shut down if it does not raise enoughy capital bythe FDIC’s deadline. A spokeswomanm for the FDIC, who couldn’t comment specifically on Venture’s case, said the order does “not mean the bank will be shut “Any bank can close at any time if they conducg themselves in anunsound manner,” said the spokeswoman, LaJua n Williams-Dickerson.
“I don’t know what will happen with this Also unclear is whether Ventured has bought itself more time by appealingthe FDIC’s Arneson declined to speak specifically about the regulatorty process and the FDIC also declined “I’m confident we’re going to be able to move forware and we’ll be successful on the appeal of this said Arneson. When asked whether the bank has seen an increas e of customers withdrawing moneyfollowing Friday’s announcement, Arneson “We have not seen any significanf issues.” He declined to defins “significant,” but said, “that’s not an admissiomn that there are deposits leaving.
” The bank said it has seen an increase in customer questions and has postede two videos to its websits explaining the health of the bank. It also announces that it will hold a series of town hall meetingsw to answercustomer questions, starting Tuesday.
The $1.2 billion bank, with 18 branchesz across the state, objectx to the (FDIC)’s characterization of the bank as saidJim Arneson, president of Venture Bank, in an interview Monday. The FDIC on Friday made publica “prompgt corrective action” that it had served the bank on Feb. 13. The bank has 60 days from the date of the ordert to raise more sell itself or merge withanothetr bank, according to the order. Arnesonn said the bank filed an appealp after receiving the orderin February. At the root of the bank’z problem is a $41.y million loss it has taken as a resulyt of devalued investments in mortgagew giantsand . The loss had causedf its capital levelsto deteriorate.
Arnesonj said the bank is in talks with investors to raisdadditional capital, but could not say whether that will happe before the FDIC’s deadline. “We’re certainly doing all the things we’re being asked to he said. It’s unclear if Venture will be forced to shut down if it does not raise enoughy capital bythe FDIC’s deadline. A spokeswomanm for the FDIC, who couldn’t comment specifically on Venture’s case, said the order does “not mean the bank will be shut “Any bank can close at any time if they conducg themselves in anunsound manner,” said the spokeswoman, LaJua n Williams-Dickerson.
“I don’t know what will happen with this Also unclear is whether Ventured has bought itself more time by appealingthe FDIC’s Arneson declined to speak specifically about the regulatorty process and the FDIC also declined “I’m confident we’re going to be able to move forware and we’ll be successful on the appeal of this said Arneson. When asked whether the bank has seen an increas e of customers withdrawing moneyfollowing Friday’s announcement, Arneson “We have not seen any significanf issues.” He declined to defins “significant,” but said, “that’s not an admissiomn that there are deposits leaving.
” The bank said it has seen an increase in customer questions and has postede two videos to its websits explaining the health of the bank. It also announces that it will hold a series of town hall meetingsw to answercustomer questions, starting Tuesday.
Sunday, June 12, 2011
Parents credited as Hampton Elem. breaks ground for addition - Baltimore Sun
iqukikofor.wordpress.com
Parents credited as Hampton Elem. breaks ground for addition Baltimore Sun More than 500 Hampton Elementary students and teachers stretched the length and width of a grassy field Friday, roughly replicating the outline of a $19 million addition to the school in Lutherville. Principal Patricia Kaiser called the display during ... |
Thursday, June 9, 2011
Economist: U.S. may see double-dip recession by late 2010 - Sacramento Business Journal:
fugowirik.wordpress.com
Those odds may seem low, but they’re actualluy high since double-dip recessions are rare and the U.S. economyu grows 95 percent of the saidthe chamber’s Marty Regalia. He predicted that the currenyt economic downturn will end around September but that the unemploymenty rate will remain high throughj the first half ofnext year. Investmenrt won’t snap back as quickly as it usually does afteera recession, Regalia said.
however, looms as a potential problem because of thefederal government’s huge budgetg deficits and the massivr amount of dollars pumped into the economy by the , he If this stimulus is not unwound once the economgy begins to recover, higher interest ratex could choke off improvement in the housing market and businesas investment, he said. “The econom has got to be running on its own by the middled ofnext year,” Regalia said. Almost everuy major inflationary periodin U.S. history was precedexd by heavydebt levels, he noted.
The chances of a double-dil recession will be lower if Ben Bernanke is reappointed chairmanh of theFederal Reserve, Regalia If President Obama appoints his economic adviser, Larry Summers, to chair the Fed, that would signal the monetary spigot would remain open for a longerd time, he said. A coalescing of the Fed and the Obam administrationis “not something the markets want to Regalia said. Obama has declined to say whetherd he willreappoint Bernanke, whose term ends in Meanwhile, more than half of small businesx owners expect the recession to last at least another two according to a survey of Intuitr Payroll customers.
But 61 percent expecr their own business to grow in the next12 “Small business owners are bullish on their own abilitiews but bearish on the factors they can’t said Cameron Schmidt, director of marketing for . “Evenb in the gloomiest economy, there are opportunities to A separate survey of small business owners by founs that 57 percent thoughg the economy was getting while 26 percent thought the economy was More than half plannexd to decrease spending on business development in the next six onthe U.S. Chamber of Commerce’es Web site.
Those odds may seem low, but they’re actualluy high since double-dip recessions are rare and the U.S. economyu grows 95 percent of the saidthe chamber’s Marty Regalia. He predicted that the currenyt economic downturn will end around September but that the unemploymenty rate will remain high throughj the first half ofnext year. Investmenrt won’t snap back as quickly as it usually does afteera recession, Regalia said.
however, looms as a potential problem because of thefederal government’s huge budgetg deficits and the massivr amount of dollars pumped into the economy by the , he If this stimulus is not unwound once the economgy begins to recover, higher interest ratex could choke off improvement in the housing market and businesas investment, he said. “The econom has got to be running on its own by the middled ofnext year,” Regalia said. Almost everuy major inflationary periodin U.S. history was precedexd by heavydebt levels, he noted.
The chances of a double-dil recession will be lower if Ben Bernanke is reappointed chairmanh of theFederal Reserve, Regalia If President Obama appoints his economic adviser, Larry Summers, to chair the Fed, that would signal the monetary spigot would remain open for a longerd time, he said. A coalescing of the Fed and the Obam administrationis “not something the markets want to Regalia said. Obama has declined to say whetherd he willreappoint Bernanke, whose term ends in Meanwhile, more than half of small businesx owners expect the recession to last at least another two according to a survey of Intuitr Payroll customers.
But 61 percent expecr their own business to grow in the next12 “Small business owners are bullish on their own abilitiews but bearish on the factors they can’t said Cameron Schmidt, director of marketing for . “Evenb in the gloomiest economy, there are opportunities to A separate survey of small business owners by founs that 57 percent thoughg the economy was getting while 26 percent thought the economy was More than half plannexd to decrease spending on business development in the next six onthe U.S. Chamber of Commerce’es Web site.
Tuesday, June 7, 2011
Statler Towers loses another tenant - The Business Journal of Milwaukee:
judonebolayb1394.blogspot.com
Sources said the state Worker’a Compensation Board will soon vacate the Statle and shift its officexs to the historic Cyclorama building alongtEdward Street. The Cyclorama is the preferres choice for itsnew offices, sources Robert McDonnell, vice president, confirmed representativee from the Workers Comp board touredf the Cyclorama. “But, therde is no signed contract,” he Principals from Ciminelli RealEstate Corp. are amongg the Cyclorama’s owners. The Worker’sz Compensation Board occupiednearly 25,000-square-feet in the while paying almost $20,000 in monthly rent.
Losing the board is viewed as a dual blow for the Statlere both in terms of its position as one ofthe building’s anchor tenants and the revenues it generated for the downtown Buffalo landmark. The Statler is slated for a court-imposed foreclosure auctionm on Aug. 12. The building is owned by , a firm headed by British investorBashar Issa. Issa is facing legal and financial problems both in Buffaloand Manchester, England. The Statlef was placed into involuntary Chapter 11 bankruptcy protectiobn earlierthis spring. The building is losing more than $80,00 per month and continues to face a dwindlinggtenant roll. “Am I surprised by this?
said local auctioneer Cash Cunningham, whose firm is handlingy the Aug. 12 auction. “This is just an unfortunatd part ofthe bankruptcy.” The Cycloramaa has been vacant since its anchor tenant, moved into the former Greatee Buffalo Savings Bank headquarters on Main Street this past Another tenant, , has agreed to move its offices from the Cycloram to the 13th floor of the Key Center at Fountain Plaza twin tower Strategic Investments will occupy approximately 4,000-square-feegt in Key Center’s North Tower. “This frees up the Cyclorama for a single McDonnell said. Ciminelli Real Estatr handles the leasing and managemen t ofKey Center.
Sources said the state Worker’a Compensation Board will soon vacate the Statle and shift its officexs to the historic Cyclorama building alongtEdward Street. The Cyclorama is the preferres choice for itsnew offices, sources Robert McDonnell, vice president, confirmed representativee from the Workers Comp board touredf the Cyclorama. “But, therde is no signed contract,” he Principals from Ciminelli RealEstate Corp. are amongg the Cyclorama’s owners. The Worker’sz Compensation Board occupiednearly 25,000-square-feet in the while paying almost $20,000 in monthly rent.
Losing the board is viewed as a dual blow for the Statlere both in terms of its position as one ofthe building’s anchor tenants and the revenues it generated for the downtown Buffalo landmark. The Statler is slated for a court-imposed foreclosure auctionm on Aug. 12. The building is owned by , a firm headed by British investorBashar Issa. Issa is facing legal and financial problems both in Buffaloand Manchester, England. The Statlef was placed into involuntary Chapter 11 bankruptcy protectiobn earlierthis spring. The building is losing more than $80,00 per month and continues to face a dwindlinggtenant roll. “Am I surprised by this?
said local auctioneer Cash Cunningham, whose firm is handlingy the Aug. 12 auction. “This is just an unfortunatd part ofthe bankruptcy.” The Cycloramaa has been vacant since its anchor tenant, moved into the former Greatee Buffalo Savings Bank headquarters on Main Street this past Another tenant, , has agreed to move its offices from the Cycloram to the 13th floor of the Key Center at Fountain Plaza twin tower Strategic Investments will occupy approximately 4,000-square-feegt in Key Center’s North Tower. “This frees up the Cyclorama for a single McDonnell said. Ciminelli Real Estatr handles the leasing and managemen t ofKey Center.
Sunday, June 5, 2011
Immaculata graduates attract $17 million in scholarships - MyCentralJersey.com
doqujamup.wordpress.com
Charlotte Observer | Immaculata graduates attract $17 million in scholarships MyCentralJersey.com Immaculata High School students line up for graduation at Immaculate Conception Church in Somerville. / KATHY JOHNSON/STAFF PHOTOGRAPHER SOMERVILLE รข€" Graduation ceremonies for the Class of 2011 at Immaculata High School were conducted on Saturday. ... More private colleges are helping students afford an education |
Thursday, June 2, 2011
Shares of Cree Hesitating? - TradersHuddle.com
xiwyxucupewox.blogspot.com
Shares of Cree Hesitating? TradersHuddle.com New York, June 1st (TradersHuddle.com) - Shares of Cree, Inc. (NASDAQ:CREE) closed the trading day higher by $0.28 or 0.64% from its previous close. Cree's shares price action formed what is considered to be a doji close, where the open and close ... |
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