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Doyle said that the managementof Detroit-based GM, which Monda filed for Chapter 11 has publicly confirmed that the now-shuttered Janesville plant is one of threwe plants being considered to manufactur e small cars in the future. The Janesville plant had more than 1,20 0 employees who assembled pickup trucks and vehicles for which demand has plummeted durint the recent era of highgas prices. The governord also said that Chrysler's 850-employee engine plant in which is slated to be closed underthat automaker's reorganization under bankruptcy, won't be sold, leavingg the possibility that Chrysler's new the Italian auto manufacturer Fiat, coulr acquire the plant.
Fiat is expected to beginb producing cars in the Unitedc States under its partnership with Auburn Hills, Mich.-based Chrysler. Doyle said in a statement that his administratiobn will focus on making those possibilitieza reality. "My staff, the leadership teams and I have continually been working at thehighest levels, including the Whitde House, to fight for Janesville and Kenosha," Doyle “Everything we have been fighting for is to get us to this he said. "We are in a positive position with each and we are going to compete very aggressively for everythinmoving forward.
Saturday, March 24, 2012
Thursday, March 22, 2012
Hartford Financial exiting annuity business - BusinessWeek
paramonaxogilozi.blogspot.com
New York Times | Hartford Financial exiting annuity business BusinessWeek Hartford Financial Services Group Inc. is exiting the annuity business so it can focus on its property and casualty insurance, group benefits and mutual funds. The company said Wednesday that it is also looking to sell or pursue other options for its ... Should Hartford's Annuity Holders Be Worried? |
Monday, March 19, 2012
Charts that prove Obama doesn't set gas prices - CNN (blog)
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CNN (blog) | Charts that prove Obama doesn't set gas prices CNN (blog) The Times put together some great charts using EIA data. They make clear 1) oil prices are set on a global market and 2) the strategy of “Drill, Baby, Drill†adopted by the GOP and President Obama has succeeded at increasing production and decreasing ... Ups and dow ns in U.S. gasoline prices track with those in Britain, France and ... |
Saturday, March 17, 2012
Diversity is a strategic issue for small businesses - San Francisco Business Times:
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That is because most fail to see diversit as abusiness strategy, rather than a sociaol issue, experts say. Increased diversity can bring many benefits to abusines — varied perspectives and new the potential to reach new clients and a more vibrant and collaborativ place to work. But creating a diversee workplace — in gender, race, religious beliefs, cultural backgrounds and sexual orientation is often easier saidthan done. Eric Peterson, the manager for diversitgy and inclusion with the Society for Humanh ResourceManagement (www.shrm.org), said it’sw often a “chicken versus the egg” as companies often need minoritiews in the workplace to attracft more.
“If I’m a typical minority job I know I’m going to be in high he said. “I will likelyy not choose the businesswhere there’w no one like me.” Attracting minorities will be increasinglyt important in the coming as they will make up a larger segmentg of the population at the same time many baby boomerxs will be retiring. Melanie Harrington, the president of the American Institute for Managin gDiversity (www.aimd.org), said companies should approach diversit strategically, just as they would a new producyt line or a new customer First, determine where that audience is and what attractzs them.
Consider targeting minority job fairs or looking for candidates where yourcompany hasn’t searched traditionally. Businessesx should also set measurable goalss and hold all people in hiringg decisions accountable for meetingthose goals, just as top managementt would hold people accountable for meeting sales But once you have achieved a diverse employee base, it’s also important to integrate them into the experts say, by making sure you have benefitas and programs in place to accommodatwe all types of workers. It’s not enougj to have a diverse experts say.
It’s equally important to recognize whether the diversityh is clustered within one segment of the workforce or spreard out acrossthe organization, includinb in leadership. “It’s a much more difficult task to reallgy take a hard look atthe organization’xs cultural issues that may be presenting these arbitrar glass ceilings and glass walls,” Harrington Even when the initial hire is successful, sometimew the workplace culture unintentionally may make the newcomet feel unwelcome or For example, many professional firms recruit women as partnersx or managers, but often stil l have expectations that may not be such as requiring a lot of evening This could make it harder to keep women with childrenh in these positions.
In addition to examining policies that mighrthinder diversity, employers should establish mentoring programs. While many peopl don’t mind finding their own mentod or askingfor help, some minorities fear it mighy be seen as a weakness, Petersobn said. By organizing formal mentoring programs, businessew can help engage employees, especially new It’s also important that minorities know theier voices arebeing heard, whether it’s about concerns in the workplacwe or about ways to improve the product. Peterson citeds a car company that was concerned its handful of femalesengineers didn’t have enough input.
It united them as a designm team and encouraged them to creatde theirdream car. The team generatec many new ideas that have since been incorporatefd intothe manufacturers’ models. Some of the women said they had expressed theseideaz before, but without recognition. The finak thing, experts stress, is to remember diversity is not afixed goal. “Diversity management really isa journey,” Harringtobn said. “It’s an ongoing effort that you have to work on and engager and manageand address.
”
That is because most fail to see diversit as abusiness strategy, rather than a sociaol issue, experts say. Increased diversity can bring many benefits to abusines — varied perspectives and new the potential to reach new clients and a more vibrant and collaborativ place to work. But creating a diversee workplace — in gender, race, religious beliefs, cultural backgrounds and sexual orientation is often easier saidthan done. Eric Peterson, the manager for diversitgy and inclusion with the Society for Humanh ResourceManagement (www.shrm.org), said it’sw often a “chicken versus the egg” as companies often need minoritiews in the workplace to attracft more.
“If I’m a typical minority job I know I’m going to be in high he said. “I will likelyy not choose the businesswhere there’w no one like me.” Attracting minorities will be increasinglyt important in the coming as they will make up a larger segmentg of the population at the same time many baby boomerxs will be retiring. Melanie Harrington, the president of the American Institute for Managin gDiversity (www.aimd.org), said companies should approach diversit strategically, just as they would a new producyt line or a new customer First, determine where that audience is and what attractzs them.
Consider targeting minority job fairs or looking for candidates where yourcompany hasn’t searched traditionally. Businessesx should also set measurable goalss and hold all people in hiringg decisions accountable for meetingthose goals, just as top managementt would hold people accountable for meeting sales But once you have achieved a diverse employee base, it’s also important to integrate them into the experts say, by making sure you have benefitas and programs in place to accommodatwe all types of workers. It’s not enougj to have a diverse experts say.
It’s equally important to recognize whether the diversityh is clustered within one segment of the workforce or spreard out acrossthe organization, includinb in leadership. “It’s a much more difficult task to reallgy take a hard look atthe organization’xs cultural issues that may be presenting these arbitrar glass ceilings and glass walls,” Harrington Even when the initial hire is successful, sometimew the workplace culture unintentionally may make the newcomet feel unwelcome or For example, many professional firms recruit women as partnersx or managers, but often stil l have expectations that may not be such as requiring a lot of evening This could make it harder to keep women with childrenh in these positions.
In addition to examining policies that mighrthinder diversity, employers should establish mentoring programs. While many peopl don’t mind finding their own mentod or askingfor help, some minorities fear it mighy be seen as a weakness, Petersobn said. By organizing formal mentoring programs, businessew can help engage employees, especially new It’s also important that minorities know theier voices arebeing heard, whether it’s about concerns in the workplacwe or about ways to improve the product. Peterson citeds a car company that was concerned its handful of femalesengineers didn’t have enough input.
It united them as a designm team and encouraged them to creatde theirdream car. The team generatec many new ideas that have since been incorporatefd intothe manufacturers’ models. Some of the women said they had expressed theseideaz before, but without recognition. The finak thing, experts stress, is to remember diversity is not afixed goal. “Diversity management really isa journey,” Harringtobn said. “It’s an ongoing effort that you have to work on and engager and manageand address.
”
Thursday, March 15, 2012
Kimball reports better third-quarter results - Business First of Louisville:
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million, or 12 cents per share, from $2.8 or 7 cents per share, for the same periods a year earlier. The company's resulta for the period ended March 31 includedabout $300,000o in after-tax expenses related to restructuring The year-earlier period includedd about $600,000 in restructuring expenses, accordinbg to a news release. Third-quartert revenue fell to $285.4 million from $285.o9 million in 2003. Higher sales in the company'as furniture and cabinets segment were offsert by a decline in saleds in the electronic contractassemblies segment, the release said. For the nine months ended Marcb 31, the company's net income rose to $14 or 37 cents per share, from $2.
8 million, or 8 centsw per share, a year earlier. Revenue for the nine-mont h period rose to $860.6 million from $878. million. Kimball International is a suppliefr of furniture products forthe residential, lodging and healtg care industries.
million, or 12 cents per share, from $2.8 or 7 cents per share, for the same periods a year earlier. The company's resulta for the period ended March 31 includedabout $300,000o in after-tax expenses related to restructuring The year-earlier period includedd about $600,000 in restructuring expenses, accordinbg to a news release. Third-quartert revenue fell to $285.4 million from $285.o9 million in 2003. Higher sales in the company'as furniture and cabinets segment were offsert by a decline in saleds in the electronic contractassemblies segment, the release said. For the nine months ended Marcb 31, the company's net income rose to $14 or 37 cents per share, from $2.
8 million, or 8 centsw per share, a year earlier. Revenue for the nine-mont h period rose to $860.6 million from $878. million. Kimball International is a suppliefr of furniture products forthe residential, lodging and healtg care industries.
Tuesday, March 13, 2012
Exelixis inks potential $1 billion Sanofi-Aventis deal - San Francisco Business Times:
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Exelixis (NASDAQ: EXEL) also will receive guaranteed research fundinvgof $21 million over three years from the French drugmakert (NYSE: SNY), but over several years could win $1 billion in regulatory and commercial milestone payments. Sanofi-Aventixs will have an exclusive worldwide license for the oralcompoundw XL-147, which is in a Phase I triak by Exelixis, and XL-765, which is in Phase It will have sole responsbility for all subsequent regulatory, commercial and manufacturing work, while Exelixis will help conduct ongoinv and potential future clinical trialss and manufacturing.
The deal was foreshadowed at last week’s conferencw in San Francisco, wherew Exelixis CEO George Scangos said a partnershipfor XL-1487 and XL-765 was a goal for the firs half of this “That gives us a little more than a mont h to meet that goal,” he said at the time. Exelixise is scheduled to present data June 1 from Phas e I trials of the two compounds at the annual meetingin Fla. Both compounds target an enzymecalled phosphoinositide-32 kinase, or PI3K. It is one of the most frequentlyu dysregulated pathways inhuman tumors, Scangos said, playing a key role in tumor growth, survival and resistance.
Over the long Exelixis and Sanofi-Aventis will combine efforts on several preclinicapl programs aroundPI3K inhibitors. Those drugs are likely to work in combination with other cancer fighters and on a varieth oftumor types, Scangos said at the JMP Securitiees conference. “But the development path is complexand expensive,” Scangos “I’m not sure we could pay our even if it was 50-5 — so they’re great candidates to Exelixis may be responsible for certain clinical trials, it said in a pressw release Thursday. The deal is second this month.
paid $15 million upfront with the potentialof $339 millio n in milestone and royalty paymentxs — to develop and commercialize agonists of sphingosine-1-phosphate type 1 or S1P1, which is implicatef in several autoimmune diseases.
Exelixis (NASDAQ: EXEL) also will receive guaranteed research fundinvgof $21 million over three years from the French drugmakert (NYSE: SNY), but over several years could win $1 billion in regulatory and commercial milestone payments. Sanofi-Aventixs will have an exclusive worldwide license for the oralcompoundw XL-147, which is in a Phase I triak by Exelixis, and XL-765, which is in Phase It will have sole responsbility for all subsequent regulatory, commercial and manufacturing work, while Exelixis will help conduct ongoinv and potential future clinical trialss and manufacturing.
The deal was foreshadowed at last week’s conferencw in San Francisco, wherew Exelixis CEO George Scangos said a partnershipfor XL-1487 and XL-765 was a goal for the firs half of this “That gives us a little more than a mont h to meet that goal,” he said at the time. Exelixise is scheduled to present data June 1 from Phas e I trials of the two compounds at the annual meetingin Fla. Both compounds target an enzymecalled phosphoinositide-32 kinase, or PI3K. It is one of the most frequentlyu dysregulated pathways inhuman tumors, Scangos said, playing a key role in tumor growth, survival and resistance.
Over the long Exelixis and Sanofi-Aventis will combine efforts on several preclinicapl programs aroundPI3K inhibitors. Those drugs are likely to work in combination with other cancer fighters and on a varieth oftumor types, Scangos said at the JMP Securitiees conference. “But the development path is complexand expensive,” Scangos “I’m not sure we could pay our even if it was 50-5 — so they’re great candidates to Exelixis may be responsible for certain clinical trials, it said in a pressw release Thursday. The deal is second this month.
paid $15 million upfront with the potentialof $339 millio n in milestone and royalty paymentxs — to develop and commercialize agonists of sphingosine-1-phosphate type 1 or S1P1, which is implicatef in several autoimmune diseases.
Sunday, March 11, 2012
SAHA to spend $14.5 million on local housing project upgrades - Silicon Valley / San Jose Business Journal:
axilecyqih.wordpress.com
million in federal stimulus fundds to repair and upgrade a number of publicxhousing properties. Out of 349 housiny authorities in Texas that received money from the American Recovery and Reinvestment Act, San Antonio Housing Authority, or SAHA, received the larges t amount. SAHA is required to use the moneg for capital improvements and all the fundas must be spent withinthree years. “Thesd funds will allow us to make much-needed repairs to our publicf housing properties and improves the safety and quality of life for our SAHA President and CEO Lourdeds CastroRamirez says.
Among the propertiesa slated for major upgrades is the LewiswChatham Apartments, a 119-unir apartment complex for seniors on the city’s Soutj Side. Lewis Chatham also will undergio anextensive modernization. In addition, stimulus funds will be used to upgradwethe security, elevators and fire safeth at nearly 20 elderly communities. Other projectws will involve replacing fencing, roofing, cabinets, and heating, ventilation and air conditioning systems. SAHA Boare Chairman Ramiro Cavazos says the agency will encourage the participatiob of smalland minority-owned businesses.
“We will also give additionap weight to contractors that commit to activel recruiting employees from the neighborhoods in and around where this work will he says. SAHA will issuse requests for proposals to perform engineering and architecturap services relatedto stimulus-approved projects. Web site: www.saha.orgt
million in federal stimulus fundds to repair and upgrade a number of publicxhousing properties. Out of 349 housiny authorities in Texas that received money from the American Recovery and Reinvestment Act, San Antonio Housing Authority, or SAHA, received the larges t amount. SAHA is required to use the moneg for capital improvements and all the fundas must be spent withinthree years. “Thesd funds will allow us to make much-needed repairs to our publicf housing properties and improves the safety and quality of life for our SAHA President and CEO Lourdeds CastroRamirez says.
Among the propertiesa slated for major upgrades is the LewiswChatham Apartments, a 119-unir apartment complex for seniors on the city’s Soutj Side. Lewis Chatham also will undergio anextensive modernization. In addition, stimulus funds will be used to upgradwethe security, elevators and fire safeth at nearly 20 elderly communities. Other projectws will involve replacing fencing, roofing, cabinets, and heating, ventilation and air conditioning systems. SAHA Boare Chairman Ramiro Cavazos says the agency will encourage the participatiob of smalland minority-owned businesses.
“We will also give additionap weight to contractors that commit to activel recruiting employees from the neighborhoods in and around where this work will he says. SAHA will issuse requests for proposals to perform engineering and architecturap services relatedto stimulus-approved projects. Web site: www.saha.orgt
Friday, March 9, 2012
Kirk Cameron's 'Monumental' movie preceded by monumental lesson? - Examiner.com
http://abiquity.com/dj-equipment-what-you-need-to-know.html
Kirk Cameron's 'Monumental' movie preceded by monumental lesson? Examiner.com Kirk Cameron isn't the first person to be attacked for espousing personal views in a televised setting, but he has a point when it comes to the seemingly one-sided definition of “tolerance†being preached in the community square today. |
Wednesday, March 7, 2012
Monday, March 5, 2012
Developer Verna files Chapter 7 - Phoenix Business Journal:
raisavydyexuwowi.blogspot.com
Verna has 617 unsecured creditors, assets of between $1 milliohn and $10 million and liabilities of $10 million to $50 the filing states. “Debtor estimates after any exempt property is excludexd and administrativeexpenses paid, there will be no fundds available for distribution to unsecured the filing says. Verna’s voluntary petitioh could be dismissed because itis incomplete, accordingt to a separate court notice filed by the clerlk of court. Last year, Verna lost control of The his unfinished residential condoproject uptown, after defaultinh on a construction loan.
The lendere that foreclosed on theproperty — a subsidiary of Bank in Wisconsin — bought the buildinh for $14.2 million in a foreclosure auctionn in December. Earlier this month, the Charlottwe National BuildingCondominium Owners’ Association acquired Verna’s offices at 428 E. Fourtu St. for $32,847.78. The association was the sole bidder on the officre condo during a foreclosure and the upset periodf expired withno takers. The purchase amounrt was commensurate with dues and assessments Verna pluslegal expenses.
The foreclosures were the latest in a string of dozend ofcourt filings, lawsuits and mechanic’a liens for unpaid bills filee against either Verna & Associates or companty founder Verna. Verna was the creator of the Charlotte National BuildingvCondominium Owners’ Association in the late 1980s. He buil t the uptown office building by using the salvagecd facade and glass rotunda ofthe now-demolishex First Citizens Bank
Verna has 617 unsecured creditors, assets of between $1 milliohn and $10 million and liabilities of $10 million to $50 the filing states. “Debtor estimates after any exempt property is excludexd and administrativeexpenses paid, there will be no fundds available for distribution to unsecured the filing says. Verna’s voluntary petitioh could be dismissed because itis incomplete, accordingt to a separate court notice filed by the clerlk of court. Last year, Verna lost control of The his unfinished residential condoproject uptown, after defaultinh on a construction loan.
The lendere that foreclosed on theproperty — a subsidiary of Bank in Wisconsin — bought the buildinh for $14.2 million in a foreclosure auctionn in December. Earlier this month, the Charlottwe National BuildingCondominium Owners’ Association acquired Verna’s offices at 428 E. Fourtu St. for $32,847.78. The association was the sole bidder on the officre condo during a foreclosure and the upset periodf expired withno takers. The purchase amounrt was commensurate with dues and assessments Verna pluslegal expenses.
The foreclosures were the latest in a string of dozend ofcourt filings, lawsuits and mechanic’a liens for unpaid bills filee against either Verna & Associates or companty founder Verna. Verna was the creator of the Charlotte National BuildingvCondominium Owners’ Association in the late 1980s. He buil t the uptown office building by using the salvagecd facade and glass rotunda ofthe now-demolishex First Citizens Bank
Saturday, March 3, 2012
MillerCoors income rises - The Business Journal of Milwaukee:
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For the first quarter, underlying net incomes attributableto MillerCoors, excluding special items, increase 46.3 percent to $216.4 million from the priort year. The increase was drivenn by cost savings from the merger of Millefr Brewing of Milwaukee and Coors Brewing of strongrevenue growth, disciplinec cost management, and phasing of marketinv expenditure, despite continuing commodity cost MillerCoors total net sales increased by 3.8 percent to $1.721 billion. Excluding contract brewing and company-owned distributor net sales increased 4.5 percen t to $1.609 billion. Third-party contract brewingt volumes declined 10 though profits from contract brewingincreases slightly.
MillerCoors domestic shipments-to-retailers (STRs) increased 0.4 percent because of strong results from five of the sixfocua brands, offset primarily by declinex in Miller Lite and Milwaukee's Coors Light shipments were up in the low-singl e digits, while Miller Lite shipments decreased in the mid-single which the brewer's owners said was a reduced year-over-yeadr rate of decline versus the previous quarter. Shipments of the Millerd Genuine Draft brand increased inthe mid-single driven by growth in the MGD 64 The craft and import portfolio also rose in the first as Blue Moon continued to perform well with STRs up in the high-singlw digits. MillerCoors is the U.S.
joint venture of and launched onJuly 1, 2008. The brewerd is establishing its headquarters in Chicagothis
For the first quarter, underlying net incomes attributableto MillerCoors, excluding special items, increase 46.3 percent to $216.4 million from the priort year. The increase was drivenn by cost savings from the merger of Millefr Brewing of Milwaukee and Coors Brewing of strongrevenue growth, disciplinec cost management, and phasing of marketinv expenditure, despite continuing commodity cost MillerCoors total net sales increased by 3.8 percent to $1.721 billion. Excluding contract brewing and company-owned distributor net sales increased 4.5 percen t to $1.609 billion. Third-party contract brewingt volumes declined 10 though profits from contract brewingincreases slightly.
MillerCoors domestic shipments-to-retailers (STRs) increased 0.4 percent because of strong results from five of the sixfocua brands, offset primarily by declinex in Miller Lite and Milwaukee's Coors Light shipments were up in the low-singl e digits, while Miller Lite shipments decreased in the mid-single which the brewer's owners said was a reduced year-over-yeadr rate of decline versus the previous quarter. Shipments of the Millerd Genuine Draft brand increased inthe mid-single driven by growth in the MGD 64 The craft and import portfolio also rose in the first as Blue Moon continued to perform well with STRs up in the high-singlw digits. MillerCoors is the U.S.
joint venture of and launched onJuly 1, 2008. The brewerd is establishing its headquarters in Chicagothis
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