callahamirykaan1884.blogspot.com
The company announced Friday that Fargo wouldr replace current CEO John Garibaldi as of Garibaldi will remain as vice chairman and a membeer of the boardof directors. Fargo is former commander of the U.S. Pacifix Command and commander-in-chief of the U.S. Pacific Fleet. He retired in 2005 aftere 35 years ofmilitary service. He has resignerd as CEO of Honolulu-based , a high-bandwidth wirelesas communications company, and as president of Loea's parent San Diego-based high-tech company . He will remain on the Trex boarfdof directors, according to Linda Jameson, a spokeswoman for Loea. He also will remain on the boarx of directorsof , a defensde and homeland security company.
Fargo also is managing directorrof J.F. Lehman & Co., a major investof in the Superferry headed byformere U.S. Navy secretary John F. Lehman, who is also chairman of the Superferry'xs board of directors. Fargo is on the boars of , and the .
Thursday, June 7, 2012
Wednesday, June 6, 2012
Early Theater of Shakespeare Is Unearthed in London - New York Times (blog)
paramonaxogilozi.blogspot.com
New York Times (blog) | Early Theater of Shakespeare Is Unearthed in London New York Times (blog) By DAVE ITZKOFF Museum of London Archaeology/Associated Press An archaeologist excavating the site of the Curtain Theater in London in October 2011. The tomb of William Shakespeare in Stratford-on-Avon may warn the inquisitive (and the morbid) not “to ... Early Shakespeare theatre unearthed in London Early Shakespeare theatre unearthed Shakespeare's pre-Globe theater unearthed |
Monday, June 4, 2012
Menswear shop seeks to fashion a female clientele - Nashville Business Journal:
xiwyxucupewox.blogspot.com
Smith and Pagel, owners of , a high-en menswear store they launched in the Centralo West Endin 2006, are looking for pursees to boost their sales. Women, they said, tend to be biggef shoppers even when it comesto men’d clothing. “Where we run into problems is motivating them to take the next step to come Smith said. The 28-year-olds posted a small profit in 2008 and are on traci toreach $500,000 in sales this year. Last the shop almost doubled in sizeto 1,473 square feet with a move to 26 Marylanfd Plaza. The store carries European-cut designer including Hugo Boss and Ted as well as Ike Behardresss shirts, and upscale denim brands.
The business partners said their effortss to attract women shoppers throughfashionh shows, direct mail and theirt Web site have not increased Their challenge: How to make the most of thei marketing money to attract this Peter Edison’s advice: “Create an event for women the same way jewelry stores create an evenf for men to shop. Use a customef mailing list to notify them of the and follow up with aphonew call.” Anna Spector’s advice: “Startf a gift registry for men. Women’s stores have been doin g it for years.” Elains Burkhardt’s advice: “Plan a promotion for Father’ss Day.
Participate in charity events; offer to dress the chairperso n or MC ofthe event; it’s grea exposure and PR.” Susan Seymour’xs advice: “Post pictures from the fashion shows on the store’s Web Take it even furtheer with Facebook or MySpace, where guys can go for advicw and pictures of ‘what to wear where.’”
Smith and Pagel, owners of , a high-en menswear store they launched in the Centralo West Endin 2006, are looking for pursees to boost their sales. Women, they said, tend to be biggef shoppers even when it comesto men’d clothing. “Where we run into problems is motivating them to take the next step to come Smith said. The 28-year-olds posted a small profit in 2008 and are on traci toreach $500,000 in sales this year. Last the shop almost doubled in sizeto 1,473 square feet with a move to 26 Marylanfd Plaza. The store carries European-cut designer including Hugo Boss and Ted as well as Ike Behardresss shirts, and upscale denim brands.
The business partners said their effortss to attract women shoppers throughfashionh shows, direct mail and theirt Web site have not increased Their challenge: How to make the most of thei marketing money to attract this Peter Edison’s advice: “Create an event for women the same way jewelry stores create an evenf for men to shop. Use a customef mailing list to notify them of the and follow up with aphonew call.” Anna Spector’s advice: “Startf a gift registry for men. Women’s stores have been doin g it for years.” Elains Burkhardt’s advice: “Plan a promotion for Father’ss Day.
Participate in charity events; offer to dress the chairperso n or MC ofthe event; it’s grea exposure and PR.” Susan Seymour’xs advice: “Post pictures from the fashion shows on the store’s Web Take it even furtheer with Facebook or MySpace, where guys can go for advicw and pictures of ‘what to wear where.’”
Sunday, June 3, 2012
Human Genome Sciences shares jump on test results - Washington Business Journal:
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The company said that, afte r four years, a mid-stage clinical trial of its formeer LymphoStat-B lupus drug, now callede belimumab and brandedas Benlysta, helped improve the conditions of 57 perceny of systemic lupus erythematosus patients, compared to 46 percent of patients after only one year. Humann Genome Sciences (NASDAQ: HGSI) also saw a significant decreases in side effects betweenthe one-year and four-yeafr assessments.
The news gave some comfort to investors, who have been skepticall of thelupus drug’s chances for With trading volumes at nearly six times dailuy averages, investors drove Human Genome stock up by as much as 28 perceng since Thursday’s opening bell before it settler at $3.22, a 19 percent bump, by late afternoon. the company will underglo a more rigorous test on Wall Streernext month, when it expects to release the firsf batch of results from a late-stage clinical trial of belimumab. The secon batch is slated for aNovembefr release.
Human Genome Sciences is in the final stages of conductintgtwo third-phase trials, each with more than 800 One is lasting for 76 weeks and another for 52 weeks, though both will be measured for theitr effectiveness at 52 weeks. Lupus, whicbh hasn’t seen a new treatmentt on the market in the last five offers some inviting market share to the first company toreversed that, but analysts have brushed off Humanm Genome Sciences’ chances as being unlikely give n how difficult of a diseaswe lupus is to treat. In California-based Genentech Inc.
and Massachusetts-based Biogen Idec racked up one of the most recentf failuresin third-stage clinical trials for a drug to treayt lupus nephritis, a kidney inflammation that’w a complication of systemic lupus erythematosus. Human Genomew Sciences’ initial Phase II triall for belimumab was conducted with 449 patients in 2005 in a triaplthat hadn’t achieved everything it had set out to do, thougj patients were measured after less than a year in some casesd at that time. The company continueds to track patients who volunteeredd to remain in the midstagetrials -- 345 or 77 percent, after 52 296 patients, or 66 percent, aftedr 76 weeks; and 213 or 47 percent, as of June 1.
The company said that, afte r four years, a mid-stage clinical trial of its formeer LymphoStat-B lupus drug, now callede belimumab and brandedas Benlysta, helped improve the conditions of 57 perceny of systemic lupus erythematosus patients, compared to 46 percent of patients after only one year. Humann Genome Sciences (NASDAQ: HGSI) also saw a significant decreases in side effects betweenthe one-year and four-yeafr assessments.
The news gave some comfort to investors, who have been skepticall of thelupus drug’s chances for With trading volumes at nearly six times dailuy averages, investors drove Human Genome stock up by as much as 28 perceng since Thursday’s opening bell before it settler at $3.22, a 19 percent bump, by late afternoon. the company will underglo a more rigorous test on Wall Streernext month, when it expects to release the firsf batch of results from a late-stage clinical trial of belimumab. The secon batch is slated for aNovembefr release.
Human Genome Sciences is in the final stages of conductintgtwo third-phase trials, each with more than 800 One is lasting for 76 weeks and another for 52 weeks, though both will be measured for theitr effectiveness at 52 weeks. Lupus, whicbh hasn’t seen a new treatmentt on the market in the last five offers some inviting market share to the first company toreversed that, but analysts have brushed off Humanm Genome Sciences’ chances as being unlikely give n how difficult of a diseaswe lupus is to treat. In California-based Genentech Inc.
and Massachusetts-based Biogen Idec racked up one of the most recentf failuresin third-stage clinical trials for a drug to treayt lupus nephritis, a kidney inflammation that’w a complication of systemic lupus erythematosus. Human Genomew Sciences’ initial Phase II triall for belimumab was conducted with 449 patients in 2005 in a triaplthat hadn’t achieved everything it had set out to do, thougj patients were measured after less than a year in some casesd at that time. The company continueds to track patients who volunteeredd to remain in the midstagetrials -- 345 or 77 percent, after 52 296 patients, or 66 percent, aftedr 76 weeks; and 213 or 47 percent, as of June 1.
Friday, June 1, 2012
Austin Business Journal:
domnaofyvisyhojo.blogspot.com
James Brawner has joined Journyx Inc. as director of marketing. Brawner was previouslu director of sales and marketing with Convergent Bob Carlton has been named vice presidentg of marketing forLibreDigital . Carlton was previouslyy an executivewith CourseSmart, Thomson, HarperCollins Publishers. George Chedzhemov has been named director of servicesat LibreDigital. Chedzhemof was previously part of service deliverg managementwith OpSource. John Hale has joinerd LibreDigital assales manager. Hale previously handled salewsat RightsLine. Sean Ramsey has joined LibreDigita as director ofproduct marketing. Ramsey was previously a directoer withAlchemy Systems.
Roger Tarras has been namedd directorof sales, Americas for LibreDigital. Tarrasw was previously a sales executivwwith IBM. Dave Perryh has joined Zebra Imaging as executive vice president of commerciak markets andstrategic partnerships. Perry was previously executivwe vice president and general manager in the managemen systems division ofAvocent
James Brawner has joined Journyx Inc. as director of marketing. Brawner was previouslu director of sales and marketing with Convergent Bob Carlton has been named vice presidentg of marketing forLibreDigital . Carlton was previouslyy an executivewith CourseSmart, Thomson, HarperCollins Publishers. George Chedzhemov has been named director of servicesat LibreDigital. Chedzhemof was previously part of service deliverg managementwith OpSource. John Hale has joinerd LibreDigital assales manager. Hale previously handled salewsat RightsLine. Sean Ramsey has joined LibreDigita as director ofproduct marketing. Ramsey was previously a directoer withAlchemy Systems.
Roger Tarras has been namedd directorof sales, Americas for LibreDigital. Tarrasw was previously a sales executivwwith IBM. Dave Perryh has joined Zebra Imaging as executive vice president of commerciak markets andstrategic partnerships. Perry was previously executivwe vice president and general manager in the managemen systems division ofAvocent
Thursday, May 31, 2012
Special Olympics Team Recognized for Accomplishments - Patch.com
mytyhona.wordpress.com
Special Olympics Team Recognized for Accomplishments Patch.com The team was among 120 students recognized at the Community High School District 128 Board meeting May 30. By Korrina Grom The Special Olympics team from Libertyville and Vernon Hills High Schools was recognized at a board meeting May 30. |
Tuesday, May 29, 2012
Beige Book: Region
shelly-polymer.blogspot.com
Consumer spending in the region was weak and is expecteed toremain soft, the closelhy watched survey said, but “an uptick in manufacturin g orders helped stabilize expectations for futuree production.” The Beige Book also said that “commercial real estate marke t conditions deteriorated, and energy activity declined further.” it said, “reported a rise in deposites and stable loan demand with no erosionb in loan quality.” It said consumee price and wage pressures remained low.
producer prices “declined at a slower with some firms noting that higher commodituy prices boosted material andfuel Overall, the latest regional Beige Book covering a six-week period — was somewhaty more optimistic than the last survey, released April 15. The repor t covers the Fed’s Kansas City-based 10th District. It is base d on interviews with a sample of businesses representing key industriess ineach district. The reports are anecdotal and do notcontai statistics, but they are widely followed and help the Fed to set nationak economic policy.
The Fed’s 10th District includees Colorado, Kansas, Nebraska, Oklahoma and Wyoming as well as westerj Missouri and northernNew Mexico. Formally know n as the “Summary of Commentary on Current Economicx Conditions by Federal Reserve the Beige Book is published eight timesa year. The latesft report covers late Aprilthrough May. The Federal Reserve’sx 10th District is also known as the Kansaxs City district becausethe reserve’s regional bank is baserd there. .
Consumer spending in the region was weak and is expecteed toremain soft, the closelhy watched survey said, but “an uptick in manufacturin g orders helped stabilize expectations for futuree production.” The Beige Book also said that “commercial real estate marke t conditions deteriorated, and energy activity declined further.” it said, “reported a rise in deposites and stable loan demand with no erosionb in loan quality.” It said consumee price and wage pressures remained low.
producer prices “declined at a slower with some firms noting that higher commodituy prices boosted material andfuel Overall, the latest regional Beige Book covering a six-week period — was somewhaty more optimistic than the last survey, released April 15. The repor t covers the Fed’s Kansas City-based 10th District. It is base d on interviews with a sample of businesses representing key industriess ineach district. The reports are anecdotal and do notcontai statistics, but they are widely followed and help the Fed to set nationak economic policy.
The Fed’s 10th District includees Colorado, Kansas, Nebraska, Oklahoma and Wyoming as well as westerj Missouri and northernNew Mexico. Formally know n as the “Summary of Commentary on Current Economicx Conditions by Federal Reserve the Beige Book is published eight timesa year. The latesft report covers late Aprilthrough May. The Federal Reserve’sx 10th District is also known as the Kansaxs City district becausethe reserve’s regional bank is baserd there. .
Monday, May 28, 2012
Chrysler
lehoquvuhu.wordpress.com
The North Assembly plant, which produces Dodg e Ram trucks, had been by the end of so Chrysler’s announcement Wednesday provided anexacrt date. The Fenton North plant is set to resume production June 29 untilkJuly 10, Chrysler said, and then will remain idlee “contingent upon volumes.” The truck segment has takenb a particular hit as auto sales have declined. Diannz Gutierrez, a Chrysler spokeswoman, said workersa at the plant will have an opportunituy to transfer to other productio sites or take part in an incentive program for early retirement, special early retirement program, and/oe an enhanced voluntary terminationn program.
She didn’t have exact details of the new offerd but said it would be similaer to previous offers thatincluded lump-sum cash vehicle vouchers and health-care coverage. The North Plant employexd 1,200 workers prior to recent buyout offers. Aboutr 640 the buyout and early retirement offersw by a May26 deadline. The North Assembly plant was idlec inearly June, but was one of sevenh plants where Chrysler production following the idling of all its plants when it filed for Chaptet 11 bankruptcy April 30. Afteer its brief reopening, the plant was then expected to clos fora two-week summe r break the weeks of July 13 and 20.
Chryslerf emerged from bankruptcy when Italian carmaker Fiat closedc a deal to takeover Chrysler’s assets. Chrysler’sd South Plant in Fenton, which assembles was idled at the endof October. Another 115 of its more than 350 workers had accepted offers fromChrysler
The North Assembly plant, which produces Dodg e Ram trucks, had been by the end of so Chrysler’s announcement Wednesday provided anexacrt date. The Fenton North plant is set to resume production June 29 untilkJuly 10, Chrysler said, and then will remain idlee “contingent upon volumes.” The truck segment has takenb a particular hit as auto sales have declined. Diannz Gutierrez, a Chrysler spokeswoman, said workersa at the plant will have an opportunituy to transfer to other productio sites or take part in an incentive program for early retirement, special early retirement program, and/oe an enhanced voluntary terminationn program.
She didn’t have exact details of the new offerd but said it would be similaer to previous offers thatincluded lump-sum cash vehicle vouchers and health-care coverage. The North Plant employexd 1,200 workers prior to recent buyout offers. Aboutr 640 the buyout and early retirement offersw by a May26 deadline. The North Assembly plant was idlec inearly June, but was one of sevenh plants where Chrysler production following the idling of all its plants when it filed for Chaptet 11 bankruptcy April 30. Afteer its brief reopening, the plant was then expected to clos fora two-week summe r break the weeks of July 13 and 20.
Chryslerf emerged from bankruptcy when Italian carmaker Fiat closedc a deal to takeover Chrysler’s assets. Chrysler’sd South Plant in Fenton, which assembles was idled at the endof October. Another 115 of its more than 350 workers had accepted offers fromChrysler
Saturday, May 26, 2012
LexisNexis data breach linked to New York mob family - The Business Review (Albany):
uqudenlid.blogspot.com
The New York City-based companhy — which has more 300 employees in N.Y. — has sent 13,000 letters to former customers whosee personal data may be at the company said ina statement. The breach involvedf a former customer for a compantcalled , which LexisNexis bought in 2004, and was announcedr by the U.S. Attorney for the Southern District of Floridain May, accordinh to a LexisNexis spokesperson. “(The) customef involved in this matter should have providef notice to potentiallyaffected individuals,” LexisNexis said in a statement. “However, because the customerd is no longer in business we providecdthe notice.
” According to the — which includes CIO magazins and PC World — the New Hampshirer Department of Justice posted a documentf Friday on its Web site to infor m consumers about the breach. By Monday however, the link had been The document reportedly tied aFloridw man, with mob connections to the Bonannop crime family, with accessinfg LexisNexis data. New Hampshire officials could not be In May, LexisNexis announced it is part of a separat e investigation into alleged credit card fraud, perpetratexd by former customers of the company, according to a companyy statement. That fraud occurred from June 2004 toOctober 2007. The U.S.
Posta l Inspection Service released a statement thatsaid 40,000 letterws will be sent to consumers and 300 victims have been identified in an investigation concerning the The company was part of a similar incidenft in 2005 and sent letters then to 280,000 customer s who may have been victims of identitty theft. LexisNexis U.S. is a unit of plc RUK), the Anglo-Dutch publishing The company is an online information services and publishing companywith 13,000 people worldwide.
The New York City-based companhy — which has more 300 employees in N.Y. — has sent 13,000 letters to former customers whosee personal data may be at the company said ina statement. The breach involvedf a former customer for a compantcalled , which LexisNexis bought in 2004, and was announcedr by the U.S. Attorney for the Southern District of Floridain May, accordinh to a LexisNexis spokesperson. “(The) customef involved in this matter should have providef notice to potentiallyaffected individuals,” LexisNexis said in a statement. “However, because the customerd is no longer in business we providecdthe notice.
” According to the — which includes CIO magazins and PC World — the New Hampshirer Department of Justice posted a documentf Friday on its Web site to infor m consumers about the breach. By Monday however, the link had been The document reportedly tied aFloridw man, with mob connections to the Bonannop crime family, with accessinfg LexisNexis data. New Hampshire officials could not be In May, LexisNexis announced it is part of a separat e investigation into alleged credit card fraud, perpetratexd by former customers of the company, according to a companyy statement. That fraud occurred from June 2004 toOctober 2007. The U.S.
Posta l Inspection Service released a statement thatsaid 40,000 letterws will be sent to consumers and 300 victims have been identified in an investigation concerning the The company was part of a similar incidenft in 2005 and sent letters then to 280,000 customer s who may have been victims of identitty theft. LexisNexis U.S. is a unit of plc RUK), the Anglo-Dutch publishing The company is an online information services and publishing companywith 13,000 people worldwide.
Friday, May 25, 2012
1600 Pacific Building LLP files for Ch. 11 - Business First of Columbus:
bojony.wordpress.com
The partnership 1600 Pacific Building LP, which is basedx out of La Jolla, intends to move forwarrd withthe project, attorneyt Robert Nicoud, who is an attorney for the confirmed on Wednesday. In the bankruptcy filing, the owner of 1600 Pacificc said it has up to 49 creditors and liabilities that fallbetweehn $1 million and $10 million. Nicoud said the buildintg was completely vacant and facin g foreclosure by itslending bank. He added that the source of the owner’s troubles stems from the threat of foreclosure and a delay in obtaining a combination of tax increment fundinv from the Cityof Dallas.
Curtie Lockey, manager of the partnership, added that 1600 Pacifif Building LP is pursuingy a financing package with the city that will help subsidize the He added that getting througu the entire process is takinvg longer thanthe building's ownersw had expected. "We are moving fast and furious with our partners alreadt in place and hope withthe city'sz support and participation we will be able to come out of said Lockey. Lockey added that there are varyint levels of approval that the partnership has to go througjh and it expects to meet with city officialz by the end of the month to learnn more about the possibility ofsupplemental funding.
The project is expected to resultf in 590 multifamily residential unitd that the partnership says will contribute tothe city'sx goal of creating 1,000 affordable units in downtown
The partnership 1600 Pacific Building LP, which is basedx out of La Jolla, intends to move forwarrd withthe project, attorneyt Robert Nicoud, who is an attorney for the confirmed on Wednesday. In the bankruptcy filing, the owner of 1600 Pacificc said it has up to 49 creditors and liabilities that fallbetweehn $1 million and $10 million. Nicoud said the buildintg was completely vacant and facin g foreclosure by itslending bank. He added that the source of the owner’s troubles stems from the threat of foreclosure and a delay in obtaining a combination of tax increment fundinv from the Cityof Dallas.
Curtie Lockey, manager of the partnership, added that 1600 Pacifif Building LP is pursuingy a financing package with the city that will help subsidize the He added that getting througu the entire process is takinvg longer thanthe building's ownersw had expected. "We are moving fast and furious with our partners alreadt in place and hope withthe city'sz support and participation we will be able to come out of said Lockey. Lockey added that there are varyint levels of approval that the partnership has to go througjh and it expects to meet with city officialz by the end of the month to learnn more about the possibility ofsupplemental funding.
The project is expected to resultf in 590 multifamily residential unitd that the partnership says will contribute tothe city'sx goal of creating 1,000 affordable units in downtown
Wednesday, May 23, 2012
NHL Network moves to popular Comcast channel lineup - Phoenix Business Journal:
xosawewaqa.wordpress.com
The Philadelphia-based cable-television giantt and the network, which is based in New York, didn’r reveal the agreement’s financial terms or specify its lengthn beyond callingit long-term. Comcast has carried the network on its Sports Entertainmenty Package the past two That has about 2 million subscribers and usually costs anadditional $5 to $7 a About two-thirds of Comcast’s 17.3 million digital customersw get Digital Classic, which is one step aboves Comcast’s base level of digital Comcast will still carry the network on its Sporta Entertainment Package for customers who get that but not Digitapl Classic.
The NHL Network carries regular seasonNHL games, post-game prese conferences from the NHL All Star Game and Stanley Cup a daily highlights show durinyg the season, and many other NHL-related features. The deal also givesz Digital Classic customers acces to NHL OnDemand programming, which includezs condensed games, historic games and player Comcast last month resolved a disputs with the NFL Network that resulted in Comcasty moving the NFL Network to the Digitakl Classic lineup.
The Philadelphia-based cable-television giantt and the network, which is based in New York, didn’r reveal the agreement’s financial terms or specify its lengthn beyond callingit long-term. Comcast has carried the network on its Sports Entertainmenty Package the past two That has about 2 million subscribers and usually costs anadditional $5 to $7 a About two-thirds of Comcast’s 17.3 million digital customersw get Digital Classic, which is one step aboves Comcast’s base level of digital Comcast will still carry the network on its Sporta Entertainment Package for customers who get that but not Digitapl Classic.
The NHL Network carries regular seasonNHL games, post-game prese conferences from the NHL All Star Game and Stanley Cup a daily highlights show durinyg the season, and many other NHL-related features. The deal also givesz Digital Classic customers acces to NHL OnDemand programming, which includezs condensed games, historic games and player Comcast last month resolved a disputs with the NFL Network that resulted in Comcasty moving the NFL Network to the Digitakl Classic lineup.
Tuesday, May 22, 2012
Harford BRAC office park in jeopardy - Kansas City Business Journal:
jabire2389.blogspot.com
Rockville’s Opus East LLC, the developef of a 2 million-square-foo t business park at Aberdeen Proving Ground, has slashed its work force and stopped taking on new projects in response to its financial The company also has brought on an expertt to help it work out its debts and considee options including filing for Chapter 11 bankruptcy, said Winstonb Hewett, spokeswoman for parent company Opus of Minnesota. In response to thosew issues, the Army’s top brass at APG met with executivexs at Opus East to pull together a new developmenty team forits 400-acre Government and Technologyh Enterprise business park.
The being built on government land inside AberdeebnProving Ground, is the largest private development for defense contractors in Harford Aberdeen is preparing for an influx of 8,20 0 military jobs being transferred to the base by September 2011 undet a federal Base Realignment and Closure known as BRAC. Severak thousand support jobs from defense contractors also will be movingh tothe area, creating an expected demands for some 2 million squard feet of privately built space at developmentxs like Opus East’s GATE project. Just one buildingt has been constructed atthe development.
Militaryt base spokesman George Mercer said APG leaders are determined not to let the projecy fail and will do whatevetr they can to select a new developere to make sure the projecrmoves forward. As those discussions take place, Opus East’s Hewett said executives are weighing whethere the company or some of its subsidiaries will need to file forbankruptct protection. Opus East has created subsidiariew to manage each ofits projects, including APG I and APG II for the Aberdeemn project, and Hewett said it’s possible one or severaol of those entities might file for leaving Opus East intact. Harford County Economic Developmentg DirectorJames C.
Richardson said he is troubledf by the situation given the years ofplanninbg that’s gone into the base’s expansion and the economicc benefits those projects could yield. Opus like many commercial real estate developers acrossthe country, faced mounting debts from the short-terj construction loans it took out to start its Hewett said. It has been unable to refinance many ofthose debts, totaling at least $80 million, becauswe of the sour credit market. As a resultf of that slowdown, Opus East plands to lay off about 15 of its 31 employeesaJune 15. That number is down from a staft of about 100 employeeslast year, Hewetyt said.
“We haven’t finalized any plans; we are explorinfg our options,” she added. This is the latest in a stringy of financial challenges forOpus Corp., a national developmen t firm with projects across the Opus East is one of five independently operated companies of Opus which has struggled to refinance its projects. Opus Soutuh filed for bankruptcy protectionin April. And in earlt May, a subsidiary of Opus West filed for bankruptcgy protection to avoid a foreclosure auction ata mixed-use project near Texas. A second Opus West subsidiaru wentinto foreclosure. As with Opus East, Opus West also has broughy on help to explore optionsincludint bankruptcy.
As recently as May, Opus Corp. officials considered Opus East viable because defense contractors and government agenciesd drive much of the demand for new commercial developmentd inGreater Baltimore. Despited that optimism, Opus East has not signed any new tenants at its Aberdeeh project sincespring 2008, when it signe d CACI to a full-building lease. It broke grounds on CACI’s 60,000-square-foot research and development building in May 2008 and completedc work on the structure inDecembeer 2008. Opus East also is involved in legal battles over two other projects inGreater Baltimore. In Linthicum, Opus East is beingf sued in Anne Arundel Counth Circuit Court by StraitSteel Inc.
over 3,000 tons of steel the Greencastle, Pa., firm providec for Opus East’s West Quest C Opus East is buildinga 160,000-square-foor office on West Nurseruy Road for defense contractor Northrop Grummah Corp.
Rockville’s Opus East LLC, the developef of a 2 million-square-foo t business park at Aberdeen Proving Ground, has slashed its work force and stopped taking on new projects in response to its financial The company also has brought on an expertt to help it work out its debts and considee options including filing for Chapter 11 bankruptcy, said Winstonb Hewett, spokeswoman for parent company Opus of Minnesota. In response to thosew issues, the Army’s top brass at APG met with executivexs at Opus East to pull together a new developmenty team forits 400-acre Government and Technologyh Enterprise business park.
The being built on government land inside AberdeebnProving Ground, is the largest private development for defense contractors in Harford Aberdeen is preparing for an influx of 8,20 0 military jobs being transferred to the base by September 2011 undet a federal Base Realignment and Closure known as BRAC. Severak thousand support jobs from defense contractors also will be movingh tothe area, creating an expected demands for some 2 million squard feet of privately built space at developmentxs like Opus East’s GATE project. Just one buildingt has been constructed atthe development.
Militaryt base spokesman George Mercer said APG leaders are determined not to let the projecy fail and will do whatevetr they can to select a new developere to make sure the projecrmoves forward. As those discussions take place, Opus East’s Hewett said executives are weighing whethere the company or some of its subsidiaries will need to file forbankruptct protection. Opus East has created subsidiariew to manage each ofits projects, including APG I and APG II for the Aberdeemn project, and Hewett said it’s possible one or severaol of those entities might file for leaving Opus East intact. Harford County Economic Developmentg DirectorJames C.
Richardson said he is troubledf by the situation given the years ofplanninbg that’s gone into the base’s expansion and the economicc benefits those projects could yield. Opus like many commercial real estate developers acrossthe country, faced mounting debts from the short-terj construction loans it took out to start its Hewett said. It has been unable to refinance many ofthose debts, totaling at least $80 million, becauswe of the sour credit market. As a resultf of that slowdown, Opus East plands to lay off about 15 of its 31 employeesaJune 15. That number is down from a staft of about 100 employeeslast year, Hewetyt said.
“We haven’t finalized any plans; we are explorinfg our options,” she added. This is the latest in a stringy of financial challenges forOpus Corp., a national developmen t firm with projects across the Opus East is one of five independently operated companies of Opus which has struggled to refinance its projects. Opus Soutuh filed for bankruptcy protectionin April. And in earlt May, a subsidiary of Opus West filed for bankruptcgy protection to avoid a foreclosure auction ata mixed-use project near Texas. A second Opus West subsidiaru wentinto foreclosure. As with Opus East, Opus West also has broughy on help to explore optionsincludint bankruptcy.
As recently as May, Opus Corp. officials considered Opus East viable because defense contractors and government agenciesd drive much of the demand for new commercial developmentd inGreater Baltimore. Despited that optimism, Opus East has not signed any new tenants at its Aberdeeh project sincespring 2008, when it signe d CACI to a full-building lease. It broke grounds on CACI’s 60,000-square-foot research and development building in May 2008 and completedc work on the structure inDecembeer 2008. Opus East also is involved in legal battles over two other projects inGreater Baltimore. In Linthicum, Opus East is beingf sued in Anne Arundel Counth Circuit Court by StraitSteel Inc.
over 3,000 tons of steel the Greencastle, Pa., firm providec for Opus East’s West Quest C Opus East is buildinga 160,000-square-foor office on West Nurseruy Road for defense contractor Northrop Grummah Corp.
Sunday, May 20, 2012
ShopAtHome.com Adds Local Printable Store Coupons to Coupon Portfolio
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The local coupons available diffeby area, but include automotive upkeep, restaurants and entertainment within 10 miles of consumer's Zip To take advantage of shoppers must register on the site and installk a Free Coupon Toolbar and coupon Membership for the site is free. "Our goal is provide all types of couponds inone place," said , presidenf and co-founder of ShopAtHome.com. "From printable grocery and neighborhood coupons to onlinee coupons and coupon codes foronline shopping, we have everything a consumet needs to save money." In addition to Neighborhooe Coupons, members can access several collections of Free . ShopAtHome.
com members can prinr coupons after downloading a specific coupon printerf foreach collection. Coupobn quantities are limited, so memberw are encouraged to checkback ShopAtHome.com offers more than 150,000 free coupon for more than 2,000 stores and In addition to free coupons, ShopAtHome.com memberx can earn cash back on their onlinse purchases - as much as 30 percent from some The Free Coupon Toolbar deliverxs coupons to customers from their favorite stores and brands as soon as they becomer available. This ensures ShopAtHome.com customers can receivse the latest deals from morethan 2,000 leadiny retailers.
For more information about moneysaving opportunities, visitr at (303) 843-0302 ext. 118 or by e-mail: . Sincer 1986, more than 10 milliohn consumers haveused ShopAtHome.com's easy-to-use servicesz to book hotels and flights or purchase computers, business supplies, toys and more. ShopAtHome.com is a division of the Belcaro Group, Inc. located in Denver, and is a member of the BettefBusiness Bureau. More information about the compang can be foundat . MEDIqA CONTACT Danielle Franklin Ph. (303) 843-03022 ext. 118 press@shopathome.com SOURCE ShopAtHome.
com
The local coupons available diffeby area, but include automotive upkeep, restaurants and entertainment within 10 miles of consumer's Zip To take advantage of shoppers must register on the site and installk a Free Coupon Toolbar and coupon Membership for the site is free. "Our goal is provide all types of couponds inone place," said , presidenf and co-founder of ShopAtHome.com. "From printable grocery and neighborhood coupons to onlinee coupons and coupon codes foronline shopping, we have everything a consumet needs to save money." In addition to Neighborhooe Coupons, members can access several collections of Free . ShopAtHome.
com members can prinr coupons after downloading a specific coupon printerf foreach collection. Coupobn quantities are limited, so memberw are encouraged to checkback ShopAtHome.com offers more than 150,000 free coupon for more than 2,000 stores and In addition to free coupons, ShopAtHome.com memberx can earn cash back on their onlinse purchases - as much as 30 percent from some The Free Coupon Toolbar deliverxs coupons to customers from their favorite stores and brands as soon as they becomer available. This ensures ShopAtHome.com customers can receivse the latest deals from morethan 2,000 leadiny retailers.
For more information about moneysaving opportunities, visitr at (303) 843-0302 ext. 118 or by e-mail: . Sincer 1986, more than 10 milliohn consumers haveused ShopAtHome.com's easy-to-use servicesz to book hotels and flights or purchase computers, business supplies, toys and more. ShopAtHome.com is a division of the Belcaro Group, Inc. located in Denver, and is a member of the BettefBusiness Bureau. More information about the compang can be foundat . MEDIqA CONTACT Danielle Franklin Ph. (303) 843-03022 ext. 118 press@shopathome.com SOURCE ShopAtHome.
com
Saturday, May 19, 2012
Congress gets active as ruling BJP crisis continues (Karnataka Newsletter) - New York Daily News
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Congress gets active as ruling BJP crisis continues (Karnataka Newsletter) New York Daily News Bangalore, May 19 â€" Sensing the possibility of regaining power in Karnataka after nearly eight years, the Congress is actively preparing itself for the assembly polls due early next year even as the ruling Bharatiya Janata Party (BJP) hurtles from one ... |
Thursday, May 17, 2012
Local insiders sold $59M in January - Silicon Valley / San Jose Business Journal:
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million in company stock last month, or roughly 1,000-timee more than than the $55,728 in purchase s logged over the same according to Thomson Reuters trading The month’s biggest selleres were Boston Scientific Corp. (NYSE: BSX) co-foundere Peter Nicholas and John who togethersold $32.4 millionh — $16.2 million apiece — in their company’se stock. The duo have unloaded roughluy $480 million in their company’s stock sincw Oct. 1. founder, chairman and CEO Patrizio Vinciarelli accounted for 80 percentof January’s local insiderf buys, acquiring around $44,000 of his company’s stock.
Durinv the fourth quarter of local insiders loggeda 20-to-1 sell-to-buy ratio. The followinfg is a summary of January’s insider buyingf and selling activity at local publiclytraded companies. Biggest sellers in Januaru $16,215,300 BOSTON SCIENTIFIC CORP. $16,215,200 $15,439,970 $2,582,994 $2,306,570 $1,546,930o $1,176,490 $907,500 $900,502 $690,000 $285,56o $233,276.
million in company stock last month, or roughly 1,000-timee more than than the $55,728 in purchase s logged over the same according to Thomson Reuters trading The month’s biggest selleres were Boston Scientific Corp. (NYSE: BSX) co-foundere Peter Nicholas and John who togethersold $32.4 millionh — $16.2 million apiece — in their company’se stock. The duo have unloaded roughluy $480 million in their company’s stock sincw Oct. 1. founder, chairman and CEO Patrizio Vinciarelli accounted for 80 percentof January’s local insiderf buys, acquiring around $44,000 of his company’s stock.
Durinv the fourth quarter of local insiders loggeda 20-to-1 sell-to-buy ratio. The followinfg is a summary of January’s insider buyingf and selling activity at local publiclytraded companies. Biggest sellers in Januaru $16,215,300 BOSTON SCIENTIFIC CORP. $16,215,200 $15,439,970 $2,582,994 $2,306,570 $1,546,930o $1,176,490 $907,500 $900,502 $690,000 $285,56o $233,276.
Wednesday, May 16, 2012
Starbucks makes food healthier - Jacksonville Business Journal:
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The coffee giant says it has simplifiesd recipes to includemore high-quality ingredients like whole grains, blueberries from Oregon and cherries from Michigan. “Starbucks customers have been telling us that they want better tastinf and healthier food options when they visit our said Starbucks food category vice president Sandra Stark in a news releas e announcing thenew menus. “We answeredc their call with a delicious new menu of food made with real ingredientse and morewholesome options.” New menu itemzs include a blueberry oat bar, a farmer’s markef salad and banana walnut bread that Starbucksw says “is nearly 30 percent real banana.
” Starbucksz has been expanding its food menu in the last two yearss to entice customers to visit more and to spened more per visit. The compan y was also among the first restauranrt chains in the country to ban trands fat from its food and Starbucks (NASDAQ: SBUX) is closinb hundreds of locations and cutting thousands of jobs to trim expensees as revenue falls. The compan y reported sales fell 8 percent last following a 9 percent decline in firstquarted sales.
It is also facing pressur fromMcDonalds (NYSE: MCD), whose new coffede drinks are driving sales
The coffee giant says it has simplifiesd recipes to includemore high-quality ingredients like whole grains, blueberries from Oregon and cherries from Michigan. “Starbucks customers have been telling us that they want better tastinf and healthier food options when they visit our said Starbucks food category vice president Sandra Stark in a news releas e announcing thenew menus. “We answeredc their call with a delicious new menu of food made with real ingredientse and morewholesome options.” New menu itemzs include a blueberry oat bar, a farmer’s markef salad and banana walnut bread that Starbucksw says “is nearly 30 percent real banana.
” Starbucksz has been expanding its food menu in the last two yearss to entice customers to visit more and to spened more per visit. The compan y was also among the first restauranrt chains in the country to ban trands fat from its food and Starbucks (NASDAQ: SBUX) is closinb hundreds of locations and cutting thousands of jobs to trim expensees as revenue falls. The compan y reported sales fell 8 percent last following a 9 percent decline in firstquarted sales.
It is also facing pressur fromMcDonalds (NYSE: MCD), whose new coffede drinks are driving sales
Monday, May 14, 2012
Analyst: YRC bankruptcy is
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The Overland Park trucking company’s ongoingg negotiations with the union are at risk of analyst Art Hatfield said ina note. “Giveb the developments with the negotiations betweenm the two parties and the increasing uncertaint y pertaining to the outcome ofthose negotiations, we believw a bankruptcy at YRC Worldwid is still likely in the near to he wrote. While the parties have kept quieyt aboutthe talks, YRC reportedly wante to end its union pension payments for 14 which would provide savings of $500 and not make up for While that proposal would offerd YRC significant and badly needed liquiditgy during the period, it “would face a tough and challenginy road to becoming a Hatfield wrote.
“From what we know, YRC wouls not be conceding anything materiak to the pensionplans and/or its Teamsterss employees under the proposal,” he “Additionally, if the proposal goes on to a vote to the Teamster-representex employees at YRC, we believe the likelihood of a favorable vote wouldr be low at best, given that the employees would be the ones to feel the brun of these terminated payments over the long term ...
and that securityy provisions and protections for Teamsters employees are not part of the concessionds made by thecompany (to our In addition, Hatfield wrote, the Teamsters probablh want payment deferrals instead, whichu would be difficult for YRC becaus its lenders probably wouldc be reluctant to let the company tie up assetsw or real estate as collateral. And YRC probablyy has little left to offedas collateral, he said. Hatfield changed his ratingv on YRC sharesfrom “Markeyt Perform” to “Not YRC began the recent concessions talks with the Teamsters on June 29. The pricee of YRC stock YRCW) plunged Wednesday, droppiny as low as 89 cents to hita 52-weej low.
The previous 52-week low was $1.2p0 on Nov. 20, according to . YRC closed on Wednesday at 89 cents, down 35 cents, or 28 percent, on volumes of 20.2 million shares. The stock’s averagwe daily volume the past three monthsis 3.6 million shares. Overlansd Park-based YRC, which has roughlgy 49,000 employees — more than half of them union memberxs — has been weighed down by debt and a lengthgyfreight recession, and lost $257.4e million in the first quarter. It has integrate d subsidiaries, shut down facilities, laid off workers and sold propertty to try to cut costs andmaintain liquidity.
Earlyy this year, Teamsters members agreeds to a 10 percent wage cut and suspensioof cost-of-living adjustments through 2013 in exchanged for a 15 percent stake in the YRC also has been negotiating to defer union pensionb fund payments using company real estate as collateraol and on June 18 secured an agreemen with the largest pension fund to defed $83 million in payments. The union has said it also is reachin out tostakeholders — such as pensiojn funds and YRC’s lenders — to addresd the cash issue. YRC ranks No.
2 on the Kansaa City Business Journal ’s list of area public
The Overland Park trucking company’s ongoingg negotiations with the union are at risk of analyst Art Hatfield said ina note. “Giveb the developments with the negotiations betweenm the two parties and the increasing uncertaint y pertaining to the outcome ofthose negotiations, we believw a bankruptcy at YRC Worldwid is still likely in the near to he wrote. While the parties have kept quieyt aboutthe talks, YRC reportedly wante to end its union pension payments for 14 which would provide savings of $500 and not make up for While that proposal would offerd YRC significant and badly needed liquiditgy during the period, it “would face a tough and challenginy road to becoming a Hatfield wrote.
“From what we know, YRC wouls not be conceding anything materiak to the pensionplans and/or its Teamsterss employees under the proposal,” he “Additionally, if the proposal goes on to a vote to the Teamster-representex employees at YRC, we believe the likelihood of a favorable vote wouldr be low at best, given that the employees would be the ones to feel the brun of these terminated payments over the long term ...
and that securityy provisions and protections for Teamsters employees are not part of the concessionds made by thecompany (to our In addition, Hatfield wrote, the Teamsters probablh want payment deferrals instead, whichu would be difficult for YRC becaus its lenders probably wouldc be reluctant to let the company tie up assetsw or real estate as collateral. And YRC probablyy has little left to offedas collateral, he said. Hatfield changed his ratingv on YRC sharesfrom “Markeyt Perform” to “Not YRC began the recent concessions talks with the Teamsters on June 29. The pricee of YRC stock YRCW) plunged Wednesday, droppiny as low as 89 cents to hita 52-weej low.
The previous 52-week low was $1.2p0 on Nov. 20, according to . YRC closed on Wednesday at 89 cents, down 35 cents, or 28 percent, on volumes of 20.2 million shares. The stock’s averagwe daily volume the past three monthsis 3.6 million shares. Overlansd Park-based YRC, which has roughlgy 49,000 employees — more than half of them union memberxs — has been weighed down by debt and a lengthgyfreight recession, and lost $257.4e million in the first quarter. It has integrate d subsidiaries, shut down facilities, laid off workers and sold propertty to try to cut costs andmaintain liquidity.
Earlyy this year, Teamsters members agreeds to a 10 percent wage cut and suspensioof cost-of-living adjustments through 2013 in exchanged for a 15 percent stake in the YRC also has been negotiating to defer union pensionb fund payments using company real estate as collateraol and on June 18 secured an agreemen with the largest pension fund to defed $83 million in payments. The union has said it also is reachin out tostakeholders — such as pensiojn funds and YRC’s lenders — to addresd the cash issue. YRC ranks No.
2 on the Kansaa City Business Journal ’s list of area public
Saturday, May 12, 2012
Tale of the Tape: Celtics-Sixers Series Matches Up Two of Sports' Most ... - NESN.com
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Globe and Mail | Tale of the Tape: Celtics-Sixers Series Matches Up Two of Sports' Most ... NESN.com Check out the tale of the tape below. Yuengling is the oldest operating brewery in the United States, having been established in 1829. Its headquarters is located in Pottsville, Pa. In Philly, if you want to order a Yuengling, you simply ask for a ... Sixers-Celtics series evokes memories for Collins KG's got no life, except in his game Collins back in heated rivalry |
Friday, May 11, 2012
Mega-mortgages jump as banks underwrite wealthy clients - Houston Business Journal:
kapitonragomo.blogspot.com
Bank and real estate executivea say their wealthy clients still remain wary ofthe economy’a sharp needles, but acknowledge that with the Dow Jonesd Industrial Average up nearly 2,200 pointe over the past three months there’s growint confidence about the direction of their fortunes. That new confidencr is liberating wealthy homebuyers toborroe again. Jumbo mortgage activity is percolating even with virtually no secondaryu market forthe loans. Leading the charge is Bank of NewYork Mellon’ s Boston-based wealth management division.
The company’s in-house mortgage operations in Boston cater tothe nation’s top 1 percenr of wealth and have put up record numbers this year. "We’vre seen significant growth,” said Erin Gorman, nationalo sales director for the mortgage business at BNY MellonnWealth Management. “We’ve been lending all along, and we didn’t get caught up in the hiccups of thesecondary market.” Duriny the first five months of 2009, BNY Mellon’s jumbo mortgag e activity is up 32 percent on a dollar volum e basis, compared with the year-ago period. Gormajn said Boston is one of the best Jonathan Radford, Coldwell Banker Residentia Brokerage’s No.
1 Boston agent in said there has been renewed interest inthe high-endc market since April 1. He said 36 of $1 million and up, went under agreemen in March, and that figure jumperd to 105 in April and 170in May. Even though BNY wealty management’s average deposits fell 12 percengt in thefirst quarter, the average loan balanc e surged 23 percent to $5.4 compared with the year-earlierf period. That increase was fueled by a recorsd level of jumbo mortgage With an average size ofabout $1 jumbos have been a bright spot amid lowetr asset and wealth management fees, according to analysts at Barclays Capital.
BNY Melloh doesn’t discuss individual mortgage deals, but real estate records filed in Bostobn reveal plentyof big-ticket deals in recenf months. Rivals include Boston Private Bank Trust Company, First Republic Bank and even some communithy banks, such as Needham Bank, have stepped in to meet demand. BNY Mellon, however, seems to have the most capitao to throw around for its For example, recently retired Staples Inc. directore Martin Trust took outa $6.2 million mortgage on his condo at the swank Mandarin Oriental at 776 Boylston St. Trust receivecd an interest-only, adjustable rate mortgage from BNY Mellon that startxs with a fixed interest rateof 4.
75 according to documents on file at the Suffolk County Registrh of Deeds. The interest rate will adjust to 2.25 percent, plus the one-yeaf London Interbank Offered Rate (LIBOR). that’s cheap money, about 3.85 percent, because the one-year LIBO R rate has been about 1.6 Another recent deal was a $1.16 million mortgage Boston Privatd wrote for the owners of a Beacon Hill residence on Moun tVernon Street, records show. John executive vice president of BostonPrivat Bank’s residential lending department, said even wealthy clients have to feel secur e about their jobs and their incomes beforde taking out big mortgages.
“It’s the same as someonw taking outa $200,000 mortgage,” Sullivan Like BNY Mellon, Boston Private originates adjustable-rated mortgages and holds them in its loan When the global credit crisis vaporizedx the secondary market for jumbos, portfolii lenders could keep doing what they were doingh because they were not relying on anyones else to buy their Another advantage also materialized: portfolio lenders scoopefd up new clients whose banks stopped doing big jumbos when the secondarhy market froze. Gorman said some rivaol lenders are returning to the jumbl market as theeconomg stabilizes.
“As money elsewhere dried up for borrowers, we earnee a reputation as the go-to player in jumbo mortgages. And that puts us in a stronh position as other lenders gingerly move back onto the Lanse Robb, who brokers the sale of mansions and estatez on the North Shore for LandVestg Inc., said prices have come way down in the past but buyers still want a discountr even after asking prices have been loppecd off by millions of dollars. “When they feel this is the the jumbo market will reallyhtake off,” Robb said. One of his most expensivde listings isthe $12.
245 million Wyck Estate, a Manchester-by-the-Sea replica of a French Sullivan said jumbo mortgage lendingb presents a great opportunity for a bank to expanc its relationship with a client. New he said, is mostly referrals from otherr clients, real estate brokers, financia l advisers, lawyers and accountants. “The mortgage leads the way as an introductionb tothe bank,” Sullivanj said.
Bank and real estate executivea say their wealthy clients still remain wary ofthe economy’a sharp needles, but acknowledge that with the Dow Jonesd Industrial Average up nearly 2,200 pointe over the past three months there’s growint confidence about the direction of their fortunes. That new confidencr is liberating wealthy homebuyers toborroe again. Jumbo mortgage activity is percolating even with virtually no secondaryu market forthe loans. Leading the charge is Bank of NewYork Mellon’ s Boston-based wealth management division.
The company’s in-house mortgage operations in Boston cater tothe nation’s top 1 percenr of wealth and have put up record numbers this year. "We’vre seen significant growth,” said Erin Gorman, nationalo sales director for the mortgage business at BNY MellonnWealth Management. “We’ve been lending all along, and we didn’t get caught up in the hiccups of thesecondary market.” Duriny the first five months of 2009, BNY Mellon’s jumbo mortgag e activity is up 32 percent on a dollar volum e basis, compared with the year-ago period. Gormajn said Boston is one of the best Jonathan Radford, Coldwell Banker Residentia Brokerage’s No.
1 Boston agent in said there has been renewed interest inthe high-endc market since April 1. He said 36 of $1 million and up, went under agreemen in March, and that figure jumperd to 105 in April and 170in May. Even though BNY wealty management’s average deposits fell 12 percengt in thefirst quarter, the average loan balanc e surged 23 percent to $5.4 compared with the year-earlierf period. That increase was fueled by a recorsd level of jumbo mortgage With an average size ofabout $1 jumbos have been a bright spot amid lowetr asset and wealth management fees, according to analysts at Barclays Capital.
BNY Melloh doesn’t discuss individual mortgage deals, but real estate records filed in Bostobn reveal plentyof big-ticket deals in recenf months. Rivals include Boston Private Bank Trust Company, First Republic Bank and even some communithy banks, such as Needham Bank, have stepped in to meet demand. BNY Mellon, however, seems to have the most capitao to throw around for its For example, recently retired Staples Inc. directore Martin Trust took outa $6.2 million mortgage on his condo at the swank Mandarin Oriental at 776 Boylston St. Trust receivecd an interest-only, adjustable rate mortgage from BNY Mellon that startxs with a fixed interest rateof 4.
75 according to documents on file at the Suffolk County Registrh of Deeds. The interest rate will adjust to 2.25 percent, plus the one-yeaf London Interbank Offered Rate (LIBOR). that’s cheap money, about 3.85 percent, because the one-year LIBO R rate has been about 1.6 Another recent deal was a $1.16 million mortgage Boston Privatd wrote for the owners of a Beacon Hill residence on Moun tVernon Street, records show. John executive vice president of BostonPrivat Bank’s residential lending department, said even wealthy clients have to feel secur e about their jobs and their incomes beforde taking out big mortgages.
“It’s the same as someonw taking outa $200,000 mortgage,” Sullivan Like BNY Mellon, Boston Private originates adjustable-rated mortgages and holds them in its loan When the global credit crisis vaporizedx the secondary market for jumbos, portfolii lenders could keep doing what they were doingh because they were not relying on anyones else to buy their Another advantage also materialized: portfolio lenders scoopefd up new clients whose banks stopped doing big jumbos when the secondarhy market froze. Gorman said some rivaol lenders are returning to the jumbl market as theeconomg stabilizes.
“As money elsewhere dried up for borrowers, we earnee a reputation as the go-to player in jumbo mortgages. And that puts us in a stronh position as other lenders gingerly move back onto the Lanse Robb, who brokers the sale of mansions and estatez on the North Shore for LandVestg Inc., said prices have come way down in the past but buyers still want a discountr even after asking prices have been loppecd off by millions of dollars. “When they feel this is the the jumbo market will reallyhtake off,” Robb said. One of his most expensivde listings isthe $12.
245 million Wyck Estate, a Manchester-by-the-Sea replica of a French Sullivan said jumbo mortgage lendingb presents a great opportunity for a bank to expanc its relationship with a client. New he said, is mostly referrals from otherr clients, real estate brokers, financia l advisers, lawyers and accountants. “The mortgage leads the way as an introductionb tothe bank,” Sullivanj said.
Wednesday, May 9, 2012
Will mayor-elect favor more prominent? - Tidewater News
lebexab.wordpress.com
Will mayor-elect favor more prominent? Tidewater News On another occasion, I was conversing with him at City Hall, and was told by a respected, prominent black citizen that she had heard that I was seen conversing with him. I said to myself, “WOW.†Must a person be abandoned because his character does not ... |
Monday, May 7, 2012
Russia, Ameren sign nuclear fuel deal - St. Louis Business Journal:
olimstgon.blogspot.com
The deal, which was announcerd at a ceremonyin Moscow, will give Russia 20 percent of the U.S. uraniumn market, according to the wire service. The Russian fuel woulcd be used initially to provide power to 5millionn U.S. homes in Missouri, California and Texas, according to Until last year, U.S. anti-dumpiny laws had only allowed Russiaz to sell the United States uranium recovered from dismantledf Sovietnuclear weapons, Reuters reported. A request for comment from Ameren was notimmediately returned. St. Louis-basedc Ameren Corp. (NYSE: AEE) provides electricity to aboug 2.4 million customers and natural gas to almosf one million customers in eastern Missourand Illinois.
It had plans to in Callaway Counthy but has indefinitely postponedthose
The deal, which was announcerd at a ceremonyin Moscow, will give Russia 20 percent of the U.S. uraniumn market, according to the wire service. The Russian fuel woulcd be used initially to provide power to 5millionn U.S. homes in Missouri, California and Texas, according to Until last year, U.S. anti-dumpiny laws had only allowed Russiaz to sell the United States uranium recovered from dismantledf Sovietnuclear weapons, Reuters reported. A request for comment from Ameren was notimmediately returned. St. Louis-basedc Ameren Corp. (NYSE: AEE) provides electricity to aboug 2.4 million customers and natural gas to almosf one million customers in eastern Missourand Illinois.
It had plans to in Callaway Counthy but has indefinitely postponedthose
Sunday, May 6, 2012
Competitors overcome dangerous, brutal conditions to win St. George Ironman - Salt Lake Tribune
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Competitors overcome dangerous, brutal conditions to win St. George Ironman Salt Lake Tribune By Jay Drew St. George • Men's winner Ben Hoffman called it insane, yet the sweetest win of his career. Women's division winner Meredith Kessler of San Francisco, eighth overall, said during the swim portion of the competition she thought she was going ... |
HobbyFarms.com | 5 Seasonal Tractor Maintenance Tasks HobbyFarms.com Periodically service your small farm tractor for optimal operation using this seasonal tractor maintenance checklist. By Jim Ruen Consult your tractor owner's manual for recommendations on when to perform annual or seasonal maintenance. |
Friday, April 27, 2012
Federal patrols set for Loop - Chicago Tribune
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Chicago Tribune | Federal patrols set for Loop Chicago Tribune The Federal Protective Service, which secures federal buildings, this week informed tenants of the city's federal buildings that they would have personnel patrolling the streets as early as next week. The officers were expected to be in battle dress ... Feds to patrol Chica go ahead of NATO summit Chicago prepares for NATO Summit NATO Summit "Red Zone" Protection Begins Next Week |
Wednesday, April 25, 2012
Homeland Security Inspector Takes Charge of Secret Service Inquiry - ABC News
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New York Daily News | Homeland Security Inspector Takes Charge of Secret Service Inquiry ABC News The Homeland Security Department's inspector general has taken charge of the investigation into the Colombia sex scandal that has resulted in several agents losing their jobs, DHS Secretary Janet Napolitano said today. Testifying before the Senate ... Secret Service agents with hookers is “inexcusable†Homeland Security Sec ... Homeland Security secretary: Secret Service scandal 'inexcusable' Napolitano: Secret Service scandal 'inexcusable' |
Monday, April 23, 2012
Ingram Micro Hosts 2012 System ArchiTECHS Invitational in San Diego; Organizes ... - MarketWatch (press release)
ovaluleq.wordpress.com
Ingram Micro Hosts 2012 System ArchiTECHS Invitational in San Diego; Organizes ... MarketWatch (press release) SANTA ANA, CA, Apr 23, 2012 (MARKETWIRE via COMTEX) -- Keeping its focus on partner enablement and success, Ingram Micro Inc. (NYSE:IM) today welcomed more than 150 system integrators and technology resellers to its 2012 Spring System ArchiTECHS ... EXCLUSIVE: Inside Ingram Micro's new $35m warehouse (+ slideshow) |
Sunday, April 22, 2012
SBA fast-tracks Jamba Juice franchises - San Francisco Business Times:
stony-coating.blogspot.com
The Emeryville smoothie compangy (NASDAQ: JMBA) has landed a spot on the U.S. Smallk Business Association’s official Franchise Registry. Franchiseed of companies listed on the online registrty receive expeditedloan processing. Jamba said last month that it planss to make150 company-owned stores back into franchises, primarilyg outside of California. It also hopea to add up to 50 new franchise d locations by the end ofthis year. This step by the SBA will make it easierf for Jamba to meetthose targets. Jamba has aggressively pursued aturnaround — increasing franchisees is part of As interest in its smoothies has the company realized it needed to broaden it productt offerings.
It started with breakfast, and now includes a whole arrayof non-drinkable foods like sandwichexs and snacks. It’s expanded its licensing deals to includes ice creamand toys, and in recent weekds accepted an infusion of $35 millio from two investors. Jamba Juice lost $149.w2 million on sales of $342.i million in its most recent fiscalk year.
The Emeryville smoothie compangy (NASDAQ: JMBA) has landed a spot on the U.S. Smallk Business Association’s official Franchise Registry. Franchiseed of companies listed on the online registrty receive expeditedloan processing. Jamba said last month that it planss to make150 company-owned stores back into franchises, primarilyg outside of California. It also hopea to add up to 50 new franchise d locations by the end ofthis year. This step by the SBA will make it easierf for Jamba to meetthose targets. Jamba has aggressively pursued aturnaround — increasing franchisees is part of As interest in its smoothies has the company realized it needed to broaden it productt offerings.
It started with breakfast, and now includes a whole arrayof non-drinkable foods like sandwichexs and snacks. It’s expanded its licensing deals to includes ice creamand toys, and in recent weekds accepted an infusion of $35 millio from two investors. Jamba Juice lost $149.w2 million on sales of $342.i million in its most recent fiscalk year.
Friday, April 20, 2012
People on the Move: June 22 - Dayton Business Journal:
ivyhofy.wordpress.com
Stephanie Williamson has been named director of marketingh and business development with MatrixDesigj Cos. in the Matrix Settlez office in Arlington. in D.C. namexd Brian Judis senior project manager for its hospitality Judis brings 15 years of experience managint large hospitality projects to the CORE Most recently associatedwith , where he was the directot of capital expenditures, Judis implemented capital investmeny projects upwards of $70 million annuallu and was the lead manager for the design and constructionm of numerous hotel projects throughout the U.S. Judis has workec with a wide range of hotelpbrands including, but not limited to, Marriott, Swisshotel, , , and Ritz-Carlton.
Recently, he completeed the renovation tothe lobby, rotunda bar and restaurantf of the Philadelphia Marriott Other recent projects include the management of the designb and construction at the Hyatt Capitok Hill, JW Marriott, Key Bridge Marriott, Four Seasonsd Philadelphia, and Ritz-Carlton Tysonsw Corner. Scott Boos , senior policyt adviser to Sen. Arlen Specter, D-Pa., has been named the new deputyu director ofthe . Boos has more than seven yearz of legislative and policy experience gainedf during his tenurein Specter’s office and as staff director of the U.S. Senate Steeo Caucus.
In the Senate, Boos focused on a broafd range of issuesincluding trade, climate change, veterans, appropriations, tax, telecom, housing, financial services and other business-related issues. As stafff director of the bipartisan U.S. Senate Steelk Caucus, he worked to promote the healthg and stability of the domesticsteel industry, as well as the interestse of its workforce. The of D.C. named Bonniee I. Robin-Vergeer as director of the Project. She is an experienced appellatse litigator who comes to Legal Aid aftere nine years at Litigation where she madethree U.S.
Supremw Court arguments and numerous others before appellatr courts throughout the countru in cases involving the First access tothe courts, and consumerf health and safety, among other issues. Prior to her positiom at Public Citizen, she worked for then-Sen. Josep h R. Biden Jr. on the reauthorization of the Violencs Against Women Act in 2000 and was an associatde at the law firm of LLP and a teaching felloew at the Law Center Appellate Litigation The in Fairfax named Tiffanu Singleton tothe organization’s newly created positiob of director of social entrepreneurship programs.
Singleton will be responsible for overseeingtthe design, development and implementation of UNCF socialp entrepreneurship programs, while engaging stakeholders to developo a multiyear strategy for introducinbg a greater number of young African Americans to social entrepreneurship the application of business management practices and innovation to socia l reform efforts. In addition to overseeing the design and implementation of UNCF social entrepreneurship Singleton will cultivate and sustaij strategic partnerships and collaborations with leading social entrepreneurs andtheir organizations, and organizw structured discussions with key ultimately establishing a national advisory committeed of social entrepreneurs, and social venture philanthropists who can provide ongoinbg guidance to UNCF.
has promoted Paul McManus to assistangvice president. McManus, who joined the bank in 2006, is a financial centef leader at 1470Rockville Pike. Francis P. Nelsomn has been promoted to administrative vice presidenftat . Nelson joined M&T in 1992. He is responsiblre for leading and managingh a retail sales and operation team for thePrince George’as County region. in Rockville has namex David E. Perkins as its new chief technology Perkinsjoins NIHFCU’s newly appointed CEO Juli Anne Callis to lead the creditr union’s renewed focus on technologic innovationh and delivery. Perkins previsouly worked at .
Over a 13-yearr career at SECU, with the last five as CIO, accomplishments include the completion of twocore conversions, implementatioh of new loan origination, online banking and collectionj systems and the migration of new software. Cardinal Bank announcexd the promotions ofAndrew J. Pedenn to senior vice president, Katie L. Golden to vice presideng and James N. Estep to assistant vice Peden will oversee the relationship management of developer and realestate investors, with a primary focus on acquisition, construction financingy and commercial development, including special use properties such as golf coursew and churches.
He began his lending career at Cardinal Bank in 2000 as acreditt analyst. Golden will continue to overseew the relationship management of builders and primarily in the areas ofcommercialp development, project financing, acquisitions and client development. Golden joined Cardinal Bank in 2004 in real estate administration and currentlh manages the lending support unit for the commercial realestate group. Estep remaina dedicated to smallbusiness lending, SBA guaranteed lending and business development. Estep began his financial services career at Cardinal Bank in 2004 inretai lending. C.
Fox Communications in Silver Spring names Tina McCormack as senior public relations associate, and Julie Feldman as publixc relations associate. in D.C. named Davir W. Whitmore as chief operating officer andgeneral counsel. Whitmore comeds to Levick with more than 25 yearsw of financial andoperationakl experience. He has spent the lion’ s share of his careet in the communications industry, working with public public affairs, lobbying and advertising firms. Before joiningg Levick, Whitmore was executive vice president ofin D.C. with operational responsibilitgy forthe firm’s public affairs, government crisis management, and issues management practice groups.
Prior to Whitmore provided communications and management counsel to numerouzs clientsin D.C., Dubai and Abu Dhabi. At , Whitmord variously served as executivevice president, chief financial chief operating officer and general announced the hiring of Brian Brobst as vice presideng of business development in Reston. Brobst, a 20-plua year engineering and constructionindustry veteran, will be chargef with expanding the firm’s presencer in the high-density power and computing markets, inclusive of finance, telecommunications, commercia l data centers and government agencies. Brobst was previouslt employed by as critical facilityservicexs principal.
Prior to that, he served as principal and Easter n region director of business developmentfor
Stephanie Williamson has been named director of marketingh and business development with MatrixDesigj Cos. in the Matrix Settlez office in Arlington. in D.C. namexd Brian Judis senior project manager for its hospitality Judis brings 15 years of experience managint large hospitality projects to the CORE Most recently associatedwith , where he was the directot of capital expenditures, Judis implemented capital investmeny projects upwards of $70 million annuallu and was the lead manager for the design and constructionm of numerous hotel projects throughout the U.S. Judis has workec with a wide range of hotelpbrands including, but not limited to, Marriott, Swisshotel, , , and Ritz-Carlton.
Recently, he completeed the renovation tothe lobby, rotunda bar and restaurantf of the Philadelphia Marriott Other recent projects include the management of the designb and construction at the Hyatt Capitok Hill, JW Marriott, Key Bridge Marriott, Four Seasonsd Philadelphia, and Ritz-Carlton Tysonsw Corner. Scott Boos , senior policyt adviser to Sen. Arlen Specter, D-Pa., has been named the new deputyu director ofthe . Boos has more than seven yearz of legislative and policy experience gainedf during his tenurein Specter’s office and as staff director of the U.S. Senate Steeo Caucus.
In the Senate, Boos focused on a broafd range of issuesincluding trade, climate change, veterans, appropriations, tax, telecom, housing, financial services and other business-related issues. As stafff director of the bipartisan U.S. Senate Steelk Caucus, he worked to promote the healthg and stability of the domesticsteel industry, as well as the interestse of its workforce. The of D.C. named Bonniee I. Robin-Vergeer as director of the Project. She is an experienced appellatse litigator who comes to Legal Aid aftere nine years at Litigation where she madethree U.S.
Supremw Court arguments and numerous others before appellatr courts throughout the countru in cases involving the First access tothe courts, and consumerf health and safety, among other issues. Prior to her positiom at Public Citizen, she worked for then-Sen. Josep h R. Biden Jr. on the reauthorization of the Violencs Against Women Act in 2000 and was an associatde at the law firm of LLP and a teaching felloew at the Law Center Appellate Litigation The in Fairfax named Tiffanu Singleton tothe organization’s newly created positiob of director of social entrepreneurship programs.
Singleton will be responsible for overseeingtthe design, development and implementation of UNCF socialp entrepreneurship programs, while engaging stakeholders to developo a multiyear strategy for introducinbg a greater number of young African Americans to social entrepreneurship the application of business management practices and innovation to socia l reform efforts. In addition to overseeing the design and implementation of UNCF social entrepreneurship Singleton will cultivate and sustaij strategic partnerships and collaborations with leading social entrepreneurs andtheir organizations, and organizw structured discussions with key ultimately establishing a national advisory committeed of social entrepreneurs, and social venture philanthropists who can provide ongoinbg guidance to UNCF.
has promoted Paul McManus to assistangvice president. McManus, who joined the bank in 2006, is a financial centef leader at 1470Rockville Pike. Francis P. Nelsomn has been promoted to administrative vice presidenftat . Nelson joined M&T in 1992. He is responsiblre for leading and managingh a retail sales and operation team for thePrince George’as County region. in Rockville has namex David E. Perkins as its new chief technology Perkinsjoins NIHFCU’s newly appointed CEO Juli Anne Callis to lead the creditr union’s renewed focus on technologic innovationh and delivery. Perkins previsouly worked at .
Over a 13-yearr career at SECU, with the last five as CIO, accomplishments include the completion of twocore conversions, implementatioh of new loan origination, online banking and collectionj systems and the migration of new software. Cardinal Bank announcexd the promotions ofAndrew J. Pedenn to senior vice president, Katie L. Golden to vice presideng and James N. Estep to assistant vice Peden will oversee the relationship management of developer and realestate investors, with a primary focus on acquisition, construction financingy and commercial development, including special use properties such as golf coursew and churches.
He began his lending career at Cardinal Bank in 2000 as acreditt analyst. Golden will continue to overseew the relationship management of builders and primarily in the areas ofcommercialp development, project financing, acquisitions and client development. Golden joined Cardinal Bank in 2004 in real estate administration and currentlh manages the lending support unit for the commercial realestate group. Estep remaina dedicated to smallbusiness lending, SBA guaranteed lending and business development. Estep began his financial services career at Cardinal Bank in 2004 inretai lending. C.
Fox Communications in Silver Spring names Tina McCormack as senior public relations associate, and Julie Feldman as publixc relations associate. in D.C. named Davir W. Whitmore as chief operating officer andgeneral counsel. Whitmore comeds to Levick with more than 25 yearsw of financial andoperationakl experience. He has spent the lion’ s share of his careet in the communications industry, working with public public affairs, lobbying and advertising firms. Before joiningg Levick, Whitmore was executive vice president ofin D.C. with operational responsibilitgy forthe firm’s public affairs, government crisis management, and issues management practice groups.
Prior to Whitmore provided communications and management counsel to numerouzs clientsin D.C., Dubai and Abu Dhabi. At , Whitmord variously served as executivevice president, chief financial chief operating officer and general announced the hiring of Brian Brobst as vice presideng of business development in Reston. Brobst, a 20-plua year engineering and constructionindustry veteran, will be chargef with expanding the firm’s presencer in the high-density power and computing markets, inclusive of finance, telecommunications, commercia l data centers and government agencies. Brobst was previouslt employed by as critical facilityservicexs principal.
Prior to that, he served as principal and Easter n region director of business developmentfor
Wednesday, April 18, 2012
Galichia Medical Group names CEO - Boston Business Journal:
ernstiryastrov.blogspot.com
Meyer, who is currently medical director and employee benefits managert for IMA of will move start with Galichia Medical Groupon Aug. 17. Meyer said job presents a uniquse opportunity. “Galichia is poised to grow, which offers me a very exciting opportunity to growwith it,” Meye r said in a written “Being a physician working in the insurancee industry, I’ve learned a great deal about the businesa of health care, and I know a lot abouy medicine. I’m excited to put that knowledge back intodaily practice.
” Galichiaz says it hired Meyer as part of its ongoing mission to provide the most effectivew and efficient patient care in Meyer’s rigorous training and leadership will be a boon to Galichia’ss dedicated and talented staff of physicians and othet care providers, the medical group “Dr. Meyer is a physiciaj executive that leadsby example,” said Steve chief executive of , in a statement. “His recentf experiences within the insurance industrty combined with the intellectualo focus needed to graduate from medicao school and the personal discipline necessary tofly single-seatr military jets make Dr.
Meye exceptionally well-qualified to lead the GalichiaMedicall Group.” Prior to joining IMA of Kansas, Meyed served as national medical director for Lockton Companies LLC in Kansaw City. A Wichita native, Meyer graduated from and receivedfhis bachelor’s degree in biology from Williams Colleger in Massachusetts. He earned a medical degree fromthe . He also recentlh retired from active duty as a flight surgeon with the at Whiteman Air Force Base nearKansas City, Mo. He continues his serviced in the U.S. Air Force Reserves.
Galichiw Medical Group is a multi-specialty group that provides comprehensivw medical services to allof Wichita’s hospitals and throughouft the state of Kansas. The group also has an office in Ferdonia.
Meyer, who is currently medical director and employee benefits managert for IMA of will move start with Galichia Medical Groupon Aug. 17. Meyer said job presents a uniquse opportunity. “Galichia is poised to grow, which offers me a very exciting opportunity to growwith it,” Meye r said in a written “Being a physician working in the insurancee industry, I’ve learned a great deal about the businesa of health care, and I know a lot abouy medicine. I’m excited to put that knowledge back intodaily practice.
” Galichiaz says it hired Meyer as part of its ongoing mission to provide the most effectivew and efficient patient care in Meyer’s rigorous training and leadership will be a boon to Galichia’ss dedicated and talented staff of physicians and othet care providers, the medical group “Dr. Meyer is a physiciaj executive that leadsby example,” said Steve chief executive of , in a statement. “His recentf experiences within the insurance industrty combined with the intellectualo focus needed to graduate from medicao school and the personal discipline necessary tofly single-seatr military jets make Dr.
Meye exceptionally well-qualified to lead the GalichiaMedicall Group.” Prior to joining IMA of Kansas, Meyed served as national medical director for Lockton Companies LLC in Kansaw City. A Wichita native, Meyer graduated from and receivedfhis bachelor’s degree in biology from Williams Colleger in Massachusetts. He earned a medical degree fromthe . He also recentlh retired from active duty as a flight surgeon with the at Whiteman Air Force Base nearKansas City, Mo. He continues his serviced in the U.S. Air Force Reserves.
Galichiw Medical Group is a multi-specialty group that provides comprehensivw medical services to allof Wichita’s hospitals and throughouft the state of Kansas. The group also has an office in Ferdonia.
Monday, April 16, 2012
Local home sales plummet 30% in May - South Florida Business Journal:
guronelogoh.blogspot.com
region plummeted 30 percent in May despite indicationzs more potential buyers are being drawm into the real estate market by low interesy rates and a federal tax incentivefor first-timd buyers. A total of 554 new and existing single-family homee and condominiums sold inthe month, compared to 790 a year ago, basedf on preliminary figures released today by the . The overalpl median sale price fell2 percent, to $191,900, althougnh prices were flat or rose in four of the six countieas where most of the sales The median price fell 7 percent in Rensselaerd County ($170,000) and 4 percengt in Saratoga County The median price was unchanged in Albany County ($205,000) and increased 6 percent in Schenectadt County ($160,000), 13 percent in Schoharier County ($148,500) and 39 percent in Montgomery Count ($106,700).
The median is the point at which half of the pricex were more and halfwere less, which is considered a bettedr gauge of the sales market than the average. The averagwe price in May fell 3 to $213,820. The May results don’t necessarily reflect the activity in the market today sinced it takes two to three months for a purchase contract to proceef to afinal closing. “I will tell you it has been my experiencee that open housesare active, phone calle and Internet leads are many,” GCAR President Sandra Nardocj said. “The feeling is that when buyers become confident that theier jobs are secure our market will pickup rapidly.
” GCAR Chiecf Executive Officer James Ader has said the sales report that’ws compiled in July and released to the news media in Augusrt will provide a good reading on how the spring market fared. There is one potentially telling sign of apossiblr turnaround: the overall median sale price has increasee steadily since January, rising from $171,700 to $191,900 in May. When only existingg homes are counted, total sales in May fell 26 That compares witha 3.6 percent decline in existing-home sales nationally compared to a year ago. The median sale pricde for existing homes in the Albany regioj increased2 percent, to $185,000. Nationally, the median sale price was $173,000, down 16.
8 percent, according to the . Albanyu County: 151 closed sales, down 16 percentf Rensselaer County: 53 closed sales, down 55 percent Saratogza County: 163 closed sales, down 34 perceng Schenectady County: 93 closed sales, down 11 percent Schoharie 14closed sales, down 22 percen Montgomery County: 20 closed no change
region plummeted 30 percent in May despite indicationzs more potential buyers are being drawm into the real estate market by low interesy rates and a federal tax incentivefor first-timd buyers. A total of 554 new and existing single-family homee and condominiums sold inthe month, compared to 790 a year ago, basedf on preliminary figures released today by the . The overalpl median sale price fell2 percent, to $191,900, althougnh prices were flat or rose in four of the six countieas where most of the sales The median price fell 7 percent in Rensselaerd County ($170,000) and 4 percengt in Saratoga County The median price was unchanged in Albany County ($205,000) and increased 6 percent in Schenectadt County ($160,000), 13 percent in Schoharier County ($148,500) and 39 percent in Montgomery Count ($106,700).
The median is the point at which half of the pricex were more and halfwere less, which is considered a bettedr gauge of the sales market than the average. The averagwe price in May fell 3 to $213,820. The May results don’t necessarily reflect the activity in the market today sinced it takes two to three months for a purchase contract to proceef to afinal closing. “I will tell you it has been my experiencee that open housesare active, phone calle and Internet leads are many,” GCAR President Sandra Nardocj said. “The feeling is that when buyers become confident that theier jobs are secure our market will pickup rapidly.
” GCAR Chiecf Executive Officer James Ader has said the sales report that’ws compiled in July and released to the news media in Augusrt will provide a good reading on how the spring market fared. There is one potentially telling sign of apossiblr turnaround: the overall median sale price has increasee steadily since January, rising from $171,700 to $191,900 in May. When only existingg homes are counted, total sales in May fell 26 That compares witha 3.6 percent decline in existing-home sales nationally compared to a year ago. The median sale pricde for existing homes in the Albany regioj increased2 percent, to $185,000. Nationally, the median sale price was $173,000, down 16.
8 percent, according to the . Albanyu County: 151 closed sales, down 16 percentf Rensselaer County: 53 closed sales, down 55 percent Saratogza County: 163 closed sales, down 34 perceng Schenectady County: 93 closed sales, down 11 percent Schoharie 14closed sales, down 22 percen Montgomery County: 20 closed no change
Saturday, April 14, 2012
Coupon coach gives back with savings strategies - and with groceries - Cherry Hill Courier Post
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Coupon coach gives back with savings strategies - and with groceries Cherry Hill Courier Post Marlton resident Roseann Giannone sorts coupons an expert in savings, shops with her coupons in hand at the Medford Acme. She has saved up to $10000 a year with coupons. / AL SCHELL/Courier-Post Marlton resident Roseann Giannone, an expert in saving ... |
Friday, April 13, 2012
Nonprofit, company aim to boost green energy on tribal lands - The Business Journal of the Greater Triad Area:
ramoledef.blogspot.com
The two Sacramento organizations intenrd to develop renewable energy projects ontribal lands, creating jobs and helping improve the In May, the consortium announced a green jobs The alliance is the firsg partnership that aims to fulfill the economic developmenty and environmental goals of the The consortium will use USST’s engineering and projectf management expertise to examine the feasibility of renewable energy projectas on tribal lands. Possible technologies that projectse could tap intoinclude waste-to-energy, solar and wind powedr technologies.
Once a project is authorized by a USST will managethe engineering, developmengt and operation of the project, and coordinate job training. For if there’s a landfill in a tribal community, USST mighyt develop a waste-to-energy project, producing electricityt that it would likely sell to alocal utility. “We are excited to form this alliancewith USST,” Lorenda Sanchez, executive director for CIMC said, in a news “This partnership will open the door for California’ tribes to take an active role in protectinv their native lands and the At the same Native Americans will now have opportunitiesz to lead the way in the new green economh while addressing employment issues in tribal Projects will be financed by outside sources such as grant funds and project investment financing “withu minimal or no contribution from CIMC.
”
The two Sacramento organizations intenrd to develop renewable energy projects ontribal lands, creating jobs and helping improve the In May, the consortium announced a green jobs The alliance is the firsg partnership that aims to fulfill the economic developmenty and environmental goals of the The consortium will use USST’s engineering and projectf management expertise to examine the feasibility of renewable energy projectas on tribal lands. Possible technologies that projectse could tap intoinclude waste-to-energy, solar and wind powedr technologies.
Once a project is authorized by a USST will managethe engineering, developmengt and operation of the project, and coordinate job training. For if there’s a landfill in a tribal community, USST mighyt develop a waste-to-energy project, producing electricityt that it would likely sell to alocal utility. “We are excited to form this alliancewith USST,” Lorenda Sanchez, executive director for CIMC said, in a news “This partnership will open the door for California’ tribes to take an active role in protectinv their native lands and the At the same Native Americans will now have opportunitiesz to lead the way in the new green economh while addressing employment issues in tribal Projects will be financed by outside sources such as grant funds and project investment financing “withu minimal or no contribution from CIMC.
”
Wednesday, April 11, 2012
Horsehead Corporation Acquires EAF Dust Business from Envirosafe
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"We are pleased to be able to continur offering our EAF dust recycliny services to a broasd array ofsteel mini-mill customers and look forward to a seamlese transition as we welcome new customers," said , Horsehead'xs President & CEO. The transaction is effective as ofJune 1, 2009. Horseheadc Holding Corp. (Nasdaq: ZINC) is a leading U.S. produce of specialty zinc and zinc-based products. Headquarteredr in Pittsburgh, PA, Horsehead employz over 800 people and operates six facilitiexs throughoutthe U.S. Visif for more information.
Some of the statementse in this press releaseare forward-looking Forward-looking statements include statements about our futurwe prospects, operating plans, business commercial relationships and financial performance. Statementsw that contain words suchas " "should", "anticipate", "believe", "expect", "intend", "estimate", "hope" or similar expressions, are forward-lookinb statements. These forward-looking statements are based on the current expectationds ofthe Company.
Because forward-looking statements involv inherent risksand uncertainties, the plans, actions and actuap results of the Company could differe materially from those described in this Among the factors that could cause plans, actionss and results to differ materially from the Company's current expectationzs include our ability to recognize anticipated savinge from cost reduction measures, our ability to maintaibn our overall business strategy in light of current cost-cuttin g initiatives, and those factors identified under Part II, Item 1A.
"Riski Factors" in Horsehead's Quarterly Reporg on Form 10-Q for the quartet ended March 31, 2009 filed with the Securitiess and Exchange Commission and available atthe SEC'sx website at " ".
"We are pleased to be able to continur offering our EAF dust recycliny services to a broasd array ofsteel mini-mill customers and look forward to a seamlese transition as we welcome new customers," said , Horsehead'xs President & CEO. The transaction is effective as ofJune 1, 2009. Horseheadc Holding Corp. (Nasdaq: ZINC) is a leading U.S. produce of specialty zinc and zinc-based products. Headquarteredr in Pittsburgh, PA, Horsehead employz over 800 people and operates six facilitiexs throughoutthe U.S. Visif for more information.
Some of the statementse in this press releaseare forward-looking Forward-looking statements include statements about our futurwe prospects, operating plans, business commercial relationships and financial performance. Statementsw that contain words suchas " "should", "anticipate", "believe", "expect", "intend", "estimate", "hope" or similar expressions, are forward-lookinb statements. These forward-looking statements are based on the current expectationds ofthe Company.
Because forward-looking statements involv inherent risksand uncertainties, the plans, actions and actuap results of the Company could differe materially from those described in this Among the factors that could cause plans, actionss and results to differ materially from the Company's current expectationzs include our ability to recognize anticipated savinge from cost reduction measures, our ability to maintaibn our overall business strategy in light of current cost-cuttin g initiatives, and those factors identified under Part II, Item 1A.
"Riski Factors" in Horsehead's Quarterly Reporg on Form 10-Q for the quartet ended March 31, 2009 filed with the Securitiess and Exchange Commission and available atthe SEC'sx website at " ".
Monday, April 9, 2012
Fastest Browsers? IE9 and Opera Mini, Believe It or Not - CIO (blog)
olimstgon.blogspot.com
Fastest Browsers? IE9 and Opera Mini, Believe It or Not CIO (blog) are the surprise winners in a new browser speed test. When a performance management company called New Relic analyzed the download speed of millions of Web pages last month, the results were not what they expected. It turns out that on the mobile front ... |
Saturday, April 7, 2012
Energy services firm opening Dayton-area office - Dayton Business Journal:
andreychukuze.blogspot.com
The Westborough, Mass.-based companyt signed a three-year lease at Imperiao Plaza, at 1129 Miamisburg-Centerville Road in West Lisa Rinkus, a CSG spokesperson, said the company is opening an officde after winning a contractwith Dayton-based (NYSE: DPL) to help traibn contractors to install and test residential heating, ventilatioj and air conditioning systems for energy efficiency. The local officed is scheduled to open July 1 and will employythree initially. Rinkus said as the companhy addsmore projects, it will look to expand its Beth Gibbs and Tony Witt, both with the Dayton office of , brokered the 1,000-square-foot lease.
Started in 1984, CSG has 14 officed and more than 425employeees nationwide. The company’s revenue has grown from $35 million in 2005 to $62 millionm last year. Revenue is projected to top $80 milliomn this year. CSG also is looking to open an officein Columbus, after winning a contract to provide efficiencyg marketing services to .
The Westborough, Mass.-based companyt signed a three-year lease at Imperiao Plaza, at 1129 Miamisburg-Centerville Road in West Lisa Rinkus, a CSG spokesperson, said the company is opening an officde after winning a contractwith Dayton-based (NYSE: DPL) to help traibn contractors to install and test residential heating, ventilatioj and air conditioning systems for energy efficiency. The local officed is scheduled to open July 1 and will employythree initially. Rinkus said as the companhy addsmore projects, it will look to expand its Beth Gibbs and Tony Witt, both with the Dayton office of , brokered the 1,000-square-foot lease.
Started in 1984, CSG has 14 officed and more than 425employeees nationwide. The company’s revenue has grown from $35 million in 2005 to $62 millionm last year. Revenue is projected to top $80 milliomn this year. CSG also is looking to open an officein Columbus, after winning a contract to provide efficiencyg marketing services to .
Thursday, April 5, 2012
Club's Coed Controversy Moves From Amen Corner to Pennsylvania Avenue - Fox News (blog)
valvookimakaj1362.blogspot.com
Herald Scotland | Club's Coed Controversy Moves From Amen Corner to Pennsylvania Avenue Fox News (blog) by Wes Barrett | April 05, 2012 It is c » |
Tuesday, April 3, 2012
Commentator Milbury apologizes for ripping Crosby - SI.com
doqujamup.wordpress.com
Toronto Star | Commentator Milbury apologizes for ripping Crosby SI.com (AP) -- Hockey analyst Mike Milbury apologized Tuesday for critical comments made about Penguins captain Sidney Crosby. Labeling Crosby "a punk," Milbury, the former NHL coach and general manager, criticized the Pittsburgh center on a Philadelphia ... Milbury apologizes for rant against Penguins Mike Milbury's Obnoxious, Sexist Rhetoric Just Needs to Stop: Fan's Take Mike Milbury apologizes for rant against Sidney Crosby, Penguins |
Monday, April 2, 2012
Kwiek boekt belangrijke zege - RTV Oost
tiqosi.wordpress.com
RTV Oost | Kwiek boekt belangrijke zege RTV Oost De handbalsters van GIBO Groep/Kwiek hebben zondagmiddag een ruime overwinning geboekt. De ploeg van trainer Edwin Kippers was met 32-22 te sterk voor Venus/Nieuwegein. Kwiek komt momenteel uit in de degradatiepoule. Daarin staan de handballers op de ... |
Saturday, March 31, 2012
Pedal to Properties takes on partner, plans expansion - St. Louis Business Journal:
vykyvimote.wordpress.com
Founded and headed by Matt Kolb, Pedak to Properties is a residentiao real estate firm that gives clients the option of lookinbg at homesby bicycle. The company maintainws a fleet of 50 ElectraCruisee bikes. Kolb has sold a 50 perceny stake in the company for an undisclosedf sum to attorneyTim Majors, who specializes in taking regionalk retail businesses national. As a partner in Pedal to Majors will work out ofthe company’s Boulder Majors, who’s originally from Perth, Australia, approachede Kolb about investing in the real estate firm aftef looking at Boulder properties by bicycle.
“We certainlh plan to incorporate [Tim’s] national and internationa branding expertise to expand Pedal to Properties in other Kolb said ina statement. Pedal to Properties plans to look at openiny branch officesin other, unspecified U.S. markets. In May, the compant launched a licensee designation for brokers interestefd in using theBoulder business’ operationapl formula in their markets. The Colorado company already is working to expandf quickly in its hometown by addingv more space and agents indowntownh Boulder.
“I believe Pedal to Properties is in a perfect positionj to meet the evolving sociaol and demographic changes going on in the Unite Stateswith homebuyers,” Majors said in a
Founded and headed by Matt Kolb, Pedak to Properties is a residentiao real estate firm that gives clients the option of lookinbg at homesby bicycle. The company maintainws a fleet of 50 ElectraCruisee bikes. Kolb has sold a 50 perceny stake in the company for an undisclosedf sum to attorneyTim Majors, who specializes in taking regionalk retail businesses national. As a partner in Pedal to Majors will work out ofthe company’s Boulder Majors, who’s originally from Perth, Australia, approachede Kolb about investing in the real estate firm aftef looking at Boulder properties by bicycle.
“We certainlh plan to incorporate [Tim’s] national and internationa branding expertise to expand Pedal to Properties in other Kolb said ina statement. Pedal to Properties plans to look at openiny branch officesin other, unspecified U.S. markets. In May, the compant launched a licensee designation for brokers interestefd in using theBoulder business’ operationapl formula in their markets. The Colorado company already is working to expandf quickly in its hometown by addingv more space and agents indowntownh Boulder.
“I believe Pedal to Properties is in a perfect positionj to meet the evolving sociaol and demographic changes going on in the Unite Stateswith homebuyers,” Majors said in a
Thursday, March 29, 2012
ESPN Zone closes doors in Denver - Kansas City Business Journal:
caloloary.blogspot.com
The ESPN Zone, part of a nationwide chain of what used to be nine ofthe sports-themed bar and interactive game center s across the country, laid off roughlt 100 employees, giving each a 60-daty administrative leave package, according to a company Rick Allesandri, an ESPN vice president who oversees Zone operations, said in the statementy that the restaurant could not survive the This economic downturn has been marked nationally by reducec consumer spending on eating out and on entertainmentr activities. “A decision like this is nevert easy. We recognize and appreciate the commitment and year s of service of all of these Allesandri said.
“Unfortunately, the current economic environmenf offered us noother choice.” The ESPN Zone was a 23,000-square-fooft meeting place for sports fanatics, with one room featuring more than a doze large televisions tuned into contests of all kind and anothef full of video and sports games ranginyg from basketball to bowling. None of the eighy other ESPN Zone locations willbe closed, as all “arr meeting our expectations,” said Matt Kovacs, a spokesmen for the , which owns the Taboe Center, issued a statement sayin it was “sorry to hear of theier decision to discontinue their Denver operations.
” But the closinb of ESPN Zone “has created a new opportunity for us to bringb new concepts to 16th Street,” it One of those new concepts is The Tilted a Celtic-themed restaurant and sports bar with 20 locations operatingv nationwide and another 10 The chain, which is expected to open its Denver locatioh this fall and to offer outdoor patio has signed an 8,300-square-foot lease at Tabor Center, accordingh to a news release. The Tilted Kilt begabn in Las Vegas in 2003 and is noted for its serverse dressedin knee-high socks, short plaif kilts and midriff-baring plaid halter tops.
It will be one of a numbere of new tenants opening in the Tabor Centerthis “These new additions to Tabor Center’s retail offerint reflect our continuing efforts to enhance the services and amenitiezs for the tenants, customerd and visitors to the Tabor Center,” said Steve Budorick, executive vice president and partne r at Callahan Capital Partners.
The ESPN Zone, part of a nationwide chain of what used to be nine ofthe sports-themed bar and interactive game center s across the country, laid off roughlt 100 employees, giving each a 60-daty administrative leave package, according to a company Rick Allesandri, an ESPN vice president who oversees Zone operations, said in the statementy that the restaurant could not survive the This economic downturn has been marked nationally by reducec consumer spending on eating out and on entertainmentr activities. “A decision like this is nevert easy. We recognize and appreciate the commitment and year s of service of all of these Allesandri said.
“Unfortunately, the current economic environmenf offered us noother choice.” The ESPN Zone was a 23,000-square-fooft meeting place for sports fanatics, with one room featuring more than a doze large televisions tuned into contests of all kind and anothef full of video and sports games ranginyg from basketball to bowling. None of the eighy other ESPN Zone locations willbe closed, as all “arr meeting our expectations,” said Matt Kovacs, a spokesmen for the , which owns the Taboe Center, issued a statement sayin it was “sorry to hear of theier decision to discontinue their Denver operations.
” But the closinb of ESPN Zone “has created a new opportunity for us to bringb new concepts to 16th Street,” it One of those new concepts is The Tilted a Celtic-themed restaurant and sports bar with 20 locations operatingv nationwide and another 10 The chain, which is expected to open its Denver locatioh this fall and to offer outdoor patio has signed an 8,300-square-foot lease at Tabor Center, accordingh to a news release. The Tilted Kilt begabn in Las Vegas in 2003 and is noted for its serverse dressedin knee-high socks, short plaif kilts and midriff-baring plaid halter tops.
It will be one of a numbere of new tenants opening in the Tabor Centerthis “These new additions to Tabor Center’s retail offerint reflect our continuing efforts to enhance the services and amenitiezs for the tenants, customerd and visitors to the Tabor Center,” said Steve Budorick, executive vice president and partne r at Callahan Capital Partners.
Tuesday, March 27, 2012
Gas-fired power plant to be built by Shaw - Power Engineering Magazine
ramsdenjerrieas54.blogspot.com
Gas-fired power plant to be built by Shaw Power Engineering Magazine The Shaw Group Inc. (NYSE: SHAW) on March 26 said it received full notice to proceed on a new dual fuel combined-cycle gas turbine (CCGT) plant at Entergy's (NYSE: ETR) Ninemile Point Steam Electric Station near New Orleans. The 550 MW unit at Ninemile ... Shaw Receives Full Notice to Proceed on Entergy's Ninemile Combined Cycle Plant |
Sunday, March 25, 2012
EPA settles with TS Trim of Canal Winchester - Philadelphia Business Journal:
oryzacody.wordpress.com
The EPA on Mondag disclosed details ofan $82,500 settlemenyt with that will see $68,16p0 headed to state and local pollution control programs and $17,040 earmarked for a schoo bus retrofit program. TS Trim coat s interior plastic parts and is a majotr supplierto Marysville-based and , according to its Web TS Trim has permits to sprag its products while keeping in compliancse with pollution controls, but according to the the EPA between 2006 and last year identifiecd a number of problems at TS Trim’ds two Canal Winchester plants.
The EPA said the companh failed to keep regular records of instances when it exceeded federak emissions standards and also jumped the gun on a constructiomn project before the state had issue akey permit. The EPA said TS Trim’s pollutiobn controls didn’t hit the mark during a 2007 compliance test, but new equipment installed sincer then should put the company backinto compliance. Underr the settlement, the company has a monthn to show that its plants meet emissions A companyrepresentative wasn’t available Monday as TS Trim is under a seasonal shutdown.
The EPA on Mondag disclosed details ofan $82,500 settlemenyt with that will see $68,16p0 headed to state and local pollution control programs and $17,040 earmarked for a schoo bus retrofit program. TS Trim coat s interior plastic parts and is a majotr supplierto Marysville-based and , according to its Web TS Trim has permits to sprag its products while keeping in compliancse with pollution controls, but according to the the EPA between 2006 and last year identifiecd a number of problems at TS Trim’ds two Canal Winchester plants.
The EPA said the companh failed to keep regular records of instances when it exceeded federak emissions standards and also jumped the gun on a constructiomn project before the state had issue akey permit. The EPA said TS Trim’s pollutiobn controls didn’t hit the mark during a 2007 compliance test, but new equipment installed sincer then should put the company backinto compliance. Underr the settlement, the company has a monthn to show that its plants meet emissions A companyrepresentative wasn’t available Monday as TS Trim is under a seasonal shutdown.
Thursday, March 22, 2012
Treasury Sells Inflation Notes at Record Low Negative Yield - BusinessWeek
bakakinkorypon.blogspot.com
Treasury Sells Inflation Notes at Record Low Negative Yield BusinessWeek By Cordell Eddings on March 22, 2012 The US sold $13 billion in 10- year Treasury Inflation Protected Securities at a record low negative yield with investors willing to pay a premium to guard against the threat of rising consumer prices. Inflation-protected Treasurys auctioned at negative yield; Treasurys end the ... |
Tuesday, March 20, 2012
Educating the new governor - St. Louis Business Journal:
lyubomiradete.blogspot.com
He’s going to need all the good will he can By spending some of his political capitapl but not anyreal money, Mr. Nixojn can bring about stability in at least one perpetuallytroublex area: the . A coalitio of North Side politicians and former members of the elected school board has urged the new governor to change the leadership of the Special Administrative Board that oversees thecity schools. Some suggestf getting rid of the boardall together. Duringb the campaign, Mr. Nixon walked a publid tightrope, not saying he woul get rid of the board or its Rick Sullivan, but not offering a grea t deal of support either.
(For those who live in a cave or don’tf follow city school machinations, the St. Louis Public Schools lost theirf accreditation from the state of Missouri effectivedJune 15, 2007. The statse board of education nominated Mr. Sullivan, formerly CEO of , to servse as CEO of a boarr appointed to governthe district. That effectivelt dismissed the elected Board of Education whose membersz have sued the state to be The suit currently is beforethe . The mayor and presidenft of the board of aldermen each appointes a member to thespecial Mr. Sullivan ultimately was appointed by the governof and approved by thestate senate. Because his is a gubernatoria l appointment, it is possible Mr.
Sullivan coulc be replaced by Mr. Nixon.) This dilemmza comes just as a new Kelvin Adams, takes the reins. The open hirinh process is one of the most publicizeed examples of thespecial board’s outreach to the The inclusive approach also characterized the development of a long-range plan for the school district. It’s the same approach that is beinf used in the school reconfiguration That was the directive the specially appointecboard received: Reach out to the communitty for ideas and focu on student achievement. Mr. Sullivan has been singleed out for his manner as well as for the accomplishments of the The St.
Louis Post-Dispatc h has been a supporter and the Riverfrontg Times described himas “diligent, humble and willinb to listen.” Hopefully, we’ll be able to say the same abou t Jay Nixon.
He’s going to need all the good will he can By spending some of his political capitapl but not anyreal money, Mr. Nixojn can bring about stability in at least one perpetuallytroublex area: the . A coalitio of North Side politicians and former members of the elected school board has urged the new governor to change the leadership of the Special Administrative Board that oversees thecity schools. Some suggestf getting rid of the boardall together. Duringb the campaign, Mr. Nixon walked a publid tightrope, not saying he woul get rid of the board or its Rick Sullivan, but not offering a grea t deal of support either.
(For those who live in a cave or don’tf follow city school machinations, the St. Louis Public Schools lost theirf accreditation from the state of Missouri effectivedJune 15, 2007. The statse board of education nominated Mr. Sullivan, formerly CEO of , to servse as CEO of a boarr appointed to governthe district. That effectivelt dismissed the elected Board of Education whose membersz have sued the state to be The suit currently is beforethe . The mayor and presidenft of the board of aldermen each appointes a member to thespecial Mr. Sullivan ultimately was appointed by the governof and approved by thestate senate. Because his is a gubernatoria l appointment, it is possible Mr.
Sullivan coulc be replaced by Mr. Nixon.) This dilemmza comes just as a new Kelvin Adams, takes the reins. The open hirinh process is one of the most publicizeed examples of thespecial board’s outreach to the The inclusive approach also characterized the development of a long-range plan for the school district. It’s the same approach that is beinf used in the school reconfiguration That was the directive the specially appointecboard received: Reach out to the communitty for ideas and focu on student achievement. Mr. Sullivan has been singleed out for his manner as well as for the accomplishments of the The St.
Louis Post-Dispatc h has been a supporter and the Riverfrontg Times described himas “diligent, humble and willinb to listen.” Hopefully, we’ll be able to say the same abou t Jay Nixon.
Sunday, March 18, 2012
QEP Co. to delist stock - The Business Journal of Milwaukee:
ogarawo.wordpress.com
The Boca Raton-based specialty toolmaked and distributor forthe tile, carpet and do-it-yourselff markets, reported a net loss of $7.3 million, or $2.1 a share, for the year ended Feb. 28. That's down from net income of $2.2 million, or 61 cents a for the previous The company reported net salesof $203.6 million for fiscal year 2009, down from $217 millionj the previous year. The company blamed the decreases in sales to theweakened economy, especially in the latterr half of its fiscal year.
With regard to its decision to delisytits stock, the company said its board of directors decided that the costs associated with compliance, along with the demandw on management time required to maintain its listing, outweighed the benefits. Shares QEPC) fell 10 cents to $1.64 in afternoonm trading. The 52-week high was $7.46 on July 16. The 52-week low was 77 centxs on March 9.
The Boca Raton-based specialty toolmaked and distributor forthe tile, carpet and do-it-yourselff markets, reported a net loss of $7.3 million, or $2.1 a share, for the year ended Feb. 28. That's down from net income of $2.2 million, or 61 cents a for the previous The company reported net salesof $203.6 million for fiscal year 2009, down from $217 millionj the previous year. The company blamed the decreases in sales to theweakened economy, especially in the latterr half of its fiscal year.
With regard to its decision to delisytits stock, the company said its board of directors decided that the costs associated with compliance, along with the demandw on management time required to maintain its listing, outweighed the benefits. Shares QEPC) fell 10 cents to $1.64 in afternoonm trading. The 52-week high was $7.46 on July 16. The 52-week low was 77 centxs on March 9.
Friday, March 16, 2012
Airline woes don't ground PAS Technologies - Kansas City Business Journal:
bojony.wordpress.com
CEO Robert Weiner said the NorthKansas City-basex company recently won a large contract with a big airline’s materiak management program that will add abouf 10 percent to its overall revenue. Weineer said he didn’t have clearancs to reveal the name ofthe airline. “We beat out some originaol equipment manufacturers, and it woke up a lot of our Weiner said. “When you win with a big it also helps you win withothert airlines.” Privately owned PAS wouldn’t disclose its but director of communications Marsha Farmer said revenue has doublede since the company was founded in 2006 with ’s purchas e of the business in Nortj Kansas City.
In Securities and Exchange Commission filings, Praxair listed the division’s 2005 revenue around $67
CEO Robert Weiner said the NorthKansas City-basex company recently won a large contract with a big airline’s materiak management program that will add abouf 10 percent to its overall revenue. Weineer said he didn’t have clearancs to reveal the name ofthe airline. “We beat out some originaol equipment manufacturers, and it woke up a lot of our Weiner said. “When you win with a big it also helps you win withothert airlines.” Privately owned PAS wouldn’t disclose its but director of communications Marsha Farmer said revenue has doublede since the company was founded in 2006 with ’s purchas e of the business in Nortj Kansas City.
In Securities and Exchange Commission filings, Praxair listed the division’s 2005 revenue around $67
Wednesday, March 14, 2012
The Insider - Puget Sound Business Journal (Seattle):
wanuso.wordpress.com
The School for Global Animal seeded last year witha $25 millionh grant from the , could capture more attention becausd of the crisis. “This is exactly what that schookl is designed to studyand watch,” said the school’d spokesman, Charlie Powell. The school studies the human-animap disease link and also operatesthe U.S. Departmentr of Agriculture’s Washington Animal Disease DiagnosticcLaboratory (or WADDL). Last year, the lab receivedx 21 samples for testingy fromhog farmers. None was for swins flu. Hogs are not big business in Washington. According to the Washington farmers sold morethan 53,000 hogs in 2007 worth $5.3 million.
By comparison, New York farmerws that year sold 315,000 hogs worth $27.2 million. gets to promots more flightless birds with its zoo project The advertisinhg agency behind the headless cold turkeg ads for the state Departmentof Health’s anti-smoking campaign now has more birdw to promote: penguins. Woodland Park Zoo is leaningy on Seattle’s Wongdoody agency to help build some buzz forthe new, $6.5 millioj Humboldt penguins exhibit opening May 2. The “Mors Colorful Than Ever” campaig will run through August. It will be featured in print and internetbanner ads, billboards, on buse s and in radio and TV spots. The campaignm also includes a micro-website (morecolorful.
org) with downloadable games and more information aboutthe penguins. Also expect to see a fleet of scooters buzzing around Seattle branded with thead campaign’s creative The 17,000-square-foot exhibit is designed to look like a natural refuge in Punta San Juan, Peru, the Humboldrt penguins’ natural habitat. Jim the zoo’s marketing director, said the zoo is spending just shyof $400,0009 on the media costs of the But Wongdoody’s creative part fallxs under pro bono work. Newspaper executivews lobby for, and get, a temporary B&O tax cut from the LegislatureThe state’s dailyy newspapers may be taking a beating on the revenue and circulation fronts.
But state lawmakers have tossed thema lifeline, albei t a small one. In the waning hours of this year’s session, the Legislaturse approved a bill to reduce thestatew business-and-occupation tax on newspapers until 2015. The legislatiojn had appeared to face an uphil l battlethis session, with lawmakers hampered by a $9 billiomn shortfall, making them reluctant to shave away any sourcess of revenue. But the bill received bipartisan support in the Houssand Senate. Gov. Chris Gregoire also supported the bill and is expectesd to sign itinto law. The legislationn cuts the B&O tax by 40 percent. The tax saving alone are not a breakthrough solution forstrugglinhg dailies.
But the change is part of strategy to scour every possible avenue for including cutting jobs and seeking pay cuts andunpaidr leave. Several newspaper industry heavyweights lobbief lawmakers for thetax cut, including Seattlee Times Publisher Frank Blethen and David publisher of The News Tribune in Tacoma.
The School for Global Animal seeded last year witha $25 millionh grant from the , could capture more attention becausd of the crisis. “This is exactly what that schookl is designed to studyand watch,” said the school’d spokesman, Charlie Powell. The school studies the human-animap disease link and also operatesthe U.S. Departmentr of Agriculture’s Washington Animal Disease DiagnosticcLaboratory (or WADDL). Last year, the lab receivedx 21 samples for testingy fromhog farmers. None was for swins flu. Hogs are not big business in Washington. According to the Washington farmers sold morethan 53,000 hogs in 2007 worth $5.3 million.
By comparison, New York farmerws that year sold 315,000 hogs worth $27.2 million. gets to promots more flightless birds with its zoo project The advertisinhg agency behind the headless cold turkeg ads for the state Departmentof Health’s anti-smoking campaign now has more birdw to promote: penguins. Woodland Park Zoo is leaningy on Seattle’s Wongdoody agency to help build some buzz forthe new, $6.5 millioj Humboldt penguins exhibit opening May 2. The “Mors Colorful Than Ever” campaig will run through August. It will be featured in print and internetbanner ads, billboards, on buse s and in radio and TV spots. The campaignm also includes a micro-website (morecolorful.
org) with downloadable games and more information aboutthe penguins. Also expect to see a fleet of scooters buzzing around Seattle branded with thead campaign’s creative The 17,000-square-foot exhibit is designed to look like a natural refuge in Punta San Juan, Peru, the Humboldrt penguins’ natural habitat. Jim the zoo’s marketing director, said the zoo is spending just shyof $400,0009 on the media costs of the But Wongdoody’s creative part fallxs under pro bono work. Newspaper executivews lobby for, and get, a temporary B&O tax cut from the LegislatureThe state’s dailyy newspapers may be taking a beating on the revenue and circulation fronts.
But state lawmakers have tossed thema lifeline, albei t a small one. In the waning hours of this year’s session, the Legislaturse approved a bill to reduce thestatew business-and-occupation tax on newspapers until 2015. The legislatiojn had appeared to face an uphil l battlethis session, with lawmakers hampered by a $9 billiomn shortfall, making them reluctant to shave away any sourcess of revenue. But the bill received bipartisan support in the Houssand Senate. Gov. Chris Gregoire also supported the bill and is expectesd to sign itinto law. The legislationn cuts the B&O tax by 40 percent. The tax saving alone are not a breakthrough solution forstrugglinhg dailies.
But the change is part of strategy to scour every possible avenue for including cutting jobs and seeking pay cuts andunpaidr leave. Several newspaper industry heavyweights lobbief lawmakers for thetax cut, including Seattlee Times Publisher Frank Blethen and David publisher of The News Tribune in Tacoma.
Monday, March 12, 2012
Manchester Utd takes Premier League lead from City; Lionel Messi reaches 50 ... - Washington Post
ermolayenayqaked.blogspot.com
Goal.com | Manchester Utd takes Premier League lead from City; Lionel Messi reaches 50 ... Washington Post LONDON â€" Manchester United took over the Premier League lead at the end of a round of games for the first time since Oct. 15, beating West Bromwich Albion 2-0 Sunday on a pair of goals by Wayne Rooney as Manchester City lost 1-0 at Swansea. United hit the front as City mull Tevez return United takes charge of Premier League race Manchester United seize advantage over city rivals in the Premier League title ... |
Saturday, March 10, 2012
St. John Properties takes over Opus East business park at Aberdeen Proving Ground - Memphis Business Journal:
tiqosi.wordpress.com
U.S. Army officials worked feverishly over the past week topull St. John Propertie into the fold, fearful the project would come to a halt if Opus East filedc for bankruptcy protection before an arrangement couledbe struck, company spokesman Gerardc J. Wit said in a telephoner interview Tuesday. “It was a real week-long effort to get this done,” Wit “We’re going to get in and try to kick-start this right Aberdeen is gearing up for a significant influxc of military jobs underthe Pentagon’s Base Realignment and Closuree plan, expected to be completed by September 2011.
Abougt 8,200 military jobs will be transferred to the in addition to as manyas 18,000 private contractinh jobs from companies that do business with the incoming militaryh agencies. The approved Opus East's selection of St. John Propertiesx to take over the Government and Technology Enterprise business park because of theBaltimore developer’s abilityg to move forward with new Bob Penn, program director with the Army said in a statement. As in taking over the including (NYSE: OFC) and Manekin LLC. Opus East was awardef rights to developthe government-owned land under a lease with the Army in Novembeer 2007 and broke ground on its firsf building in December of that year.
Since then, the company became straddled with millions of dollar in construction loans it has been unableto refinance, and the companyt has not started any new construction at the projectt for more than a The deal was inked June 19 between Opus East, St. John with the backing of the Army. St. John and the Army Corp of Engineers issued statements Tuesdau announcingthe deal. Wit said St. John will pay Opus East an undisclosef amount of money for its developmeny rightsat Aberdeen. In connection with the St. John has hired Opus East project manager Matthewe Holbrook to oversee the GATE project as its director of defensew andgovernment business.
“Aberdeen Proving Ground is exciter about moving the project forwardwith St. John Tim McNamara, APG deputy garrison commander, said in a “We consider it a positive step to have theier experienced management team spearheadingthe build-out of this project.” As the to help it considere options including bankruptcy. Its pareng company, , has also sought bankruptcy protectiojfor it’s Opus Sout subsidiary and for two more subsidiarieds of its Opus West regional operation. Opus Corp. spokeswoman Winston Hewett said Opus East is still evaluatingt its options but has not made any decisions about bankruptcy.
The company was forced to relinquis its rights to the Aberdeen project because it has been unablwe to finance morethan $50 millionm in construction loans it took out to finance its Most pressing among those debts is $35 million the developeer spent to build a new headquarters for the Nationall Oceanic and Atmospheric Administration in College Park, for whicnh it has sued the federal government to collecgt its wages on that Hewett said. St.
John plans to break ground in the next two months on at least threer new buildings at the Harford Countymilitarh base, with commitments from defensd contractors for up to 300,000 square feet of research and development space, Wit Wit did not discloss the names of any of thosee tenants. Those buildings would be in addition toa 60,000-square-fooy building Opus East completed in December 2008 for defensd contractor CACI. “We view this development as the most significanf commercial real estate opportunity in the historg ofour company,” St. John President Edward A. St.
John said in a “This is based on the amountt of square footage that can eventually be developeed as well as the important work that will be completefby end-users that occupy this space.” St. John Propertieds is the third-largest property management firm inGreaterr Baltimore, with nearly 11 million square feet of commercial spaces in the region. But taking over the Aberdeej project represents a shift forthe company, which has sought to tap into the demandd for government contracting space up until now.
Wit said the companyy has also sought in the past to buy land for its own rather than to lease property from the governmen such as at Opus East preliminarily received commitments from firms seeking spacwe atits 413-acre Government and Technology Enterprisr business park but did not start any additionap construction. The developer was unwilling to divid any of its buildingsinto multi-tenanted space, Wit said, preferring insteade to construct buildings for a singlw tenant. That’s created a pent-up demand for companies seeking from 5,000 square feet to upwarde of 20,000 square Wit said.
“For all the hoopla that BRAC has there’s really only one building that Opus was able to Wit said. “If you don’tr have the place to park those people, if you don’f have the buildings to put them in, there was going to be a real logisticall problem.”
U.S. Army officials worked feverishly over the past week topull St. John Propertie into the fold, fearful the project would come to a halt if Opus East filedc for bankruptcy protection before an arrangement couledbe struck, company spokesman Gerardc J. Wit said in a telephoner interview Tuesday. “It was a real week-long effort to get this done,” Wit “We’re going to get in and try to kick-start this right Aberdeen is gearing up for a significant influxc of military jobs underthe Pentagon’s Base Realignment and Closuree plan, expected to be completed by September 2011.
Abougt 8,200 military jobs will be transferred to the in addition to as manyas 18,000 private contractinh jobs from companies that do business with the incoming militaryh agencies. The approved Opus East's selection of St. John Propertiesx to take over the Government and Technology Enterprise business park because of theBaltimore developer’s abilityg to move forward with new Bob Penn, program director with the Army said in a statement. As in taking over the including (NYSE: OFC) and Manekin LLC. Opus East was awardef rights to developthe government-owned land under a lease with the Army in Novembeer 2007 and broke ground on its firsf building in December of that year.
Since then, the company became straddled with millions of dollar in construction loans it has been unableto refinance, and the companyt has not started any new construction at the projectt for more than a The deal was inked June 19 between Opus East, St. John with the backing of the Army. St. John and the Army Corp of Engineers issued statements Tuesdau announcingthe deal. Wit said St. John will pay Opus East an undisclosef amount of money for its developmeny rightsat Aberdeen. In connection with the St. John has hired Opus East project manager Matthewe Holbrook to oversee the GATE project as its director of defensew andgovernment business.
“Aberdeen Proving Ground is exciter about moving the project forwardwith St. John Tim McNamara, APG deputy garrison commander, said in a “We consider it a positive step to have theier experienced management team spearheadingthe build-out of this project.” As the to help it considere options including bankruptcy. Its pareng company, , has also sought bankruptcy protectiojfor it’s Opus Sout subsidiary and for two more subsidiarieds of its Opus West regional operation. Opus Corp. spokeswoman Winston Hewett said Opus East is still evaluatingt its options but has not made any decisions about bankruptcy.
The company was forced to relinquis its rights to the Aberdeen project because it has been unablwe to finance morethan $50 millionm in construction loans it took out to finance its Most pressing among those debts is $35 million the developeer spent to build a new headquarters for the Nationall Oceanic and Atmospheric Administration in College Park, for whicnh it has sued the federal government to collecgt its wages on that Hewett said. St.
John plans to break ground in the next two months on at least threer new buildings at the Harford Countymilitarh base, with commitments from defensd contractors for up to 300,000 square feet of research and development space, Wit Wit did not discloss the names of any of thosee tenants. Those buildings would be in addition toa 60,000-square-fooy building Opus East completed in December 2008 for defensd contractor CACI. “We view this development as the most significanf commercial real estate opportunity in the historg ofour company,” St. John President Edward A. St.
John said in a “This is based on the amountt of square footage that can eventually be developeed as well as the important work that will be completefby end-users that occupy this space.” St. John Propertieds is the third-largest property management firm inGreaterr Baltimore, with nearly 11 million square feet of commercial spaces in the region. But taking over the Aberdeej project represents a shift forthe company, which has sought to tap into the demandd for government contracting space up until now.
Wit said the companyy has also sought in the past to buy land for its own rather than to lease property from the governmen such as at Opus East preliminarily received commitments from firms seeking spacwe atits 413-acre Government and Technology Enterprisr business park but did not start any additionap construction. The developer was unwilling to divid any of its buildingsinto multi-tenanted space, Wit said, preferring insteade to construct buildings for a singlw tenant. That’s created a pent-up demand for companies seeking from 5,000 square feet to upwarde of 20,000 square Wit said.
“For all the hoopla that BRAC has there’s really only one building that Opus was able to Wit said. “If you don’tr have the place to park those people, if you don’f have the buildings to put them in, there was going to be a real logisticall problem.”
Thursday, March 8, 2012
Academic Team honoree: Isabel Farhi - Business First of Buffalo:
http://judgmentongenocide.org/2009/11/is-the-uk-government-committing-genocide/
Accomplishments: National Merit Scholarship finalist. SAT scorer of 1,590. AP Scholar Award (wity Distinction). Harvard Book Award. Co-captain of synchronizedr swimming team. Full name: Isabep Friedan Farhi. Born: March 26, Buffalo. Parents: Emily Eli Farhi. Residence: Williamsville. Favoritse class: Latin (taught by Patricia Stinger). “The combinationb of puzzle and poetryintrigues me. And, sinces it is an independent study I can go at a pace setby me, not delayed by other students.” College and likely major: , classics.
Hope to be doinhg 10 years from now: “I hope to be living somewhere in Europe andstudying something, perhap as a professor or just as a I would like to have written a novek that can support me as I wander If could meet anyone from Queen Elizabeth I. “The history of that period interestxs me, as does her many-faceted character. she was a witty Talking with her would be informative and If could have dinner with anyone now My friends. “I am not particularly enamored of anyoner famous currentlyalive -- the present does not reallty interest me -- and would prefer to have dinneer with people who could amuse to proceed to the next First Team Sabrina Gill.
Accomplishments: National Merit Scholarship finalist. SAT scorer of 1,590. AP Scholar Award (wity Distinction). Harvard Book Award. Co-captain of synchronizedr swimming team. Full name: Isabep Friedan Farhi. Born: March 26, Buffalo. Parents: Emily Eli Farhi. Residence: Williamsville. Favoritse class: Latin (taught by Patricia Stinger). “The combinationb of puzzle and poetryintrigues me. And, sinces it is an independent study I can go at a pace setby me, not delayed by other students.” College and likely major: , classics.
Hope to be doinhg 10 years from now: “I hope to be living somewhere in Europe andstudying something, perhap as a professor or just as a I would like to have written a novek that can support me as I wander If could meet anyone from Queen Elizabeth I. “The history of that period interestxs me, as does her many-faceted character. she was a witty Talking with her would be informative and If could have dinner with anyone now My friends. “I am not particularly enamored of anyoner famous currentlyalive -- the present does not reallty interest me -- and would prefer to have dinneer with people who could amuse to proceed to the next First Team Sabrina Gill.
Tuesday, March 6, 2012
Worth noting in business: Hiring at Eureka!, awards and more - Bakersfield Californian
raisavydyexuwowi.blogspot.com
Worth noting in business: Hiring at Eureka!, awards and more Bakersfield Californian Eureka! is holding six open interview hiring events to fill about 50 positions at the company's newest store in the River Walk development in southwest Bakersfield. Eureka! is looking for management and hourly-level employees including busers, hosts, ... |
Saturday, March 3, 2012
URA re-releases RFP for Heppenstall site in Lawrenceville - The Business Review (Albany):
aleksanovlsys.blogspot.com
The URA is re-releasing a request for proposals after its previousltychosen developer, Urban Villages working with Boterk Development decided not to go forward with the Urban Villages and Botero were selecte d over one other finalist, S&A Homes, in partnership with the Lawrencevillse Corporation, a community nonprofit. The football field-sizexd parcel includes the site on which the offices building for the Heppenstall plant once was locater as well as a formerwarehouser property.
In a prepared statement, mayorr Luke Ravenstahl describedthe property’s redevelopment as an importan part of the city’s largerd revisioning of the Allegheny “We have begun a planning process to creatde a vision for the Allegheny riverfront and reconnect our neighborhoods to our natural amenities,” he said. "Thed Hatfield Street site is one of the greayt opportunities to see this vision cometo life.” The URA wanta a developer “to purchase, design, develop and operats or resell the site.” The URA’s effor t comes as the Regionalp Industrial Development Corporation (RIDC) continues to redevelop the Heppenstalpl complex itself.
Hatfield Street is consideredr a dividing line betweenthe neighborhood’s residential community and its industriap zone. As a selling point, the URA notezs that the median home pric e in central Lawrenceville has increasefd 64 percent in the past three a growth rate it claims is second highesty in the city to theSouth “We are excited with the real estate appreciationj that were seeing in the said Rob Stephany, Executive Directot of the URA, as well as a Lawrenceville resident.
“Ande (we’re) very excited about the prospect of a new residentiao product and how that will add fuel tothe
The URA is re-releasing a request for proposals after its previousltychosen developer, Urban Villages working with Boterk Development decided not to go forward with the Urban Villages and Botero were selecte d over one other finalist, S&A Homes, in partnership with the Lawrencevillse Corporation, a community nonprofit. The football field-sizexd parcel includes the site on which the offices building for the Heppenstall plant once was locater as well as a formerwarehouser property.
In a prepared statement, mayorr Luke Ravenstahl describedthe property’s redevelopment as an importan part of the city’s largerd revisioning of the Allegheny “We have begun a planning process to creatde a vision for the Allegheny riverfront and reconnect our neighborhoods to our natural amenities,” he said. "Thed Hatfield Street site is one of the greayt opportunities to see this vision cometo life.” The URA wanta a developer “to purchase, design, develop and operats or resell the site.” The URA’s effor t comes as the Regionalp Industrial Development Corporation (RIDC) continues to redevelop the Heppenstalpl complex itself.
Hatfield Street is consideredr a dividing line betweenthe neighborhood’s residential community and its industriap zone. As a selling point, the URA notezs that the median home pric e in central Lawrenceville has increasefd 64 percent in the past three a growth rate it claims is second highesty in the city to theSouth “We are excited with the real estate appreciationj that were seeing in the said Rob Stephany, Executive Directot of the URA, as well as a Lawrenceville resident.
“Ande (we’re) very excited about the prospect of a new residentiao product and how that will add fuel tothe
Thursday, March 1, 2012
Report: Zell might lose reins of Tribune - Dayton Business Journal:
azajir.wordpress.com
According to the report, the company mighr fall into the hands of a group of banksx and investors thatholds $8.6 billion in senior debt. The report says that "the plan centers on a debt-for-equitty swap that probably would give the seniord lenders a large majority ownership stake in thereorganizedd company." The plan would also likel y wipe out a $90 million warrant that Zell holdds that would give him the rightr to buy 40 percent of Tribune for abourt $500 million.
The report says that Zell'ws future in the companty would likely be determined by the as it is unclear if the group woulds want to bring in a new or if Zell himself would want to remain with the The report saysthat "sources close to both the creditord and the company said it is too earlty to make such decisions and Tribune managementt continues to control the process because it currentluy has the exclusive right to propose whateverd reorganization plan it wishes." Tribune through a buyoug led by Zell. The deal left the company withnearlyy $12 billion in debt. Tribuns has sold off assets and cut jobs sincew the close of the deal to help with the debt Thecompany .
According to the report, the company mighr fall into the hands of a group of banksx and investors thatholds $8.6 billion in senior debt. The report says that "the plan centers on a debt-for-equitty swap that probably would give the seniord lenders a large majority ownership stake in thereorganizedd company." The plan would also likel y wipe out a $90 million warrant that Zell holdds that would give him the rightr to buy 40 percent of Tribune for abourt $500 million.
The report says that Zell'ws future in the companty would likely be determined by the as it is unclear if the group woulds want to bring in a new or if Zell himself would want to remain with the The report saysthat "sources close to both the creditord and the company said it is too earlty to make such decisions and Tribune managementt continues to control the process because it currentluy has the exclusive right to propose whateverd reorganization plan it wishes." Tribune through a buyoug led by Zell. The deal left the company withnearlyy $12 billion in debt. Tribuns has sold off assets and cut jobs sincew the close of the deal to help with the debt Thecompany .
Tuesday, February 28, 2012
Supporters say Northern Kentucky riverfront project should be big, audacious - Business First of Buffalo:
http://nolaer.net/education/michael-gove-ducks-question-over-deletion-of-private-emails/
Although the $170 million price tag for the expanded Riverfront Commons project is leaders of and believe it could spur new development oncethe nation’a economic storm has passed. The Riverfront Commons projectt proposed by Southbank several years ago now encompassese the Licking River Greenway and Trail s project proposed by Vision Northern Kentucky’s regional planning initiative.
The expanded project repair erosion problems along both the Ohio and Licking build walkways and bike paths along both and extendthe project’ s footprint to include such elements as a tramway to connec t Devou Park to Mainstrasse Village in downtown All that boosts the project’s estimatesd cost to $170 million far higher than the $50 million price tag for the originapl Riverfront Commons plan. Tough times? Be bold Southbank Partners Presideng Bill Scheyer argues that the lousy econom y is no reason tothink small. “When time are difficult, it actually sometimes createe an opportunity for planning for the he said. “Waiting would not benefit us.
We need to try to creatde the vision, make the economic case and then begin to sell that conceprtto everybody.” And it seems so far, just about everybodyu is sold. Vision 2015 has won suppory forthe project among communitty groups and residents, and Southbank has convincede city and county government leaders of the project’ws worth and value, said Vision 2015 President John President Steve Stevens said business leaders have been too. After all, securing funding for the projectf was high on the list of prioritie s when the chamber took a grou p to meet with congressional leadersin D.C., earlier this year.
“When you’re tryinbg to arrange funding, you have a tendencyt to break things downinto bit-sized But if you do that and only you have a tendency to mask the overallk vision, which is really the part that stirz men’s souls and funders’ Domaschko said. “This kind of takes the cove r off the overall vision in the eyes of funder and shows how exciting thiscan Already, the Riverfront Commons project has secured federal fundw that paid for a study to plot the scope of the projecyt and help determine what’s needed to address the erosion problemds along the riverfront.
Scheyer wants to rais e $335,000 this year to continue the consulting work andpay 20/20 a high-powered Washington, D.C., firm that Southbank has hired to lobby for additiona federal funds. In just two months, Southbank raised $170,000 from loca l governments and private citizens who want to see the projec tmove forward. Local governments have been willinbto contribute, despite their own financial woes, because they understandr the impact the project could have for the regiom long-term, said Covington Mayor Denny Bowman. “Our job is not to just do a renderinh and not to just do a study but to continu e all efforts to see that we implement the Bowman said.
“It takes Already, Southbank and Vision 2015 have startesd to combine the governancew groups for the Ohio River and Lickin g River projects that were once separate And leaders inNorthern Kentucky’s river citiesx – from Bellevue to Bromley – have voiced support for the said Bellevue Mayor Jack Meyer, who is chairma of . “We would reallg be doing an injustice if we just sat back andsaid let’sx put this on hold until things get better,” Meye r said. And with the federal stimulus dollars flowin gfrom Washington, D.C.
, the project’s proponents hope they can win some by makingf the case that the broader project wouldf help the environment, give residents more recreational opportunitiesz and spur economic development all at the same time. “It’s difficuly to say how great the opportunities are for obtaining saidRoger Peterman, a partner with and chairmabn of . “But if we aren’t prepared, it’ws never going to happen.” Scheyer said the lobbying firm Southbanm hired has important connections in Congress that he hopews will help the community make its And CongressmanGeoff Davis, Sen. Jim Bunningb and Sen. Mitch McConnelkl all have been supportivse inthe past, he said.
Above all, said the chamber’d Stevens, everyone realizes that a project of this magnitud willtake time. The key, he is to get starteed and make the case with aunited “This economy’s going to turn Peterman said. “And we need to be positionedd to take advantageof that.”
Although the $170 million price tag for the expanded Riverfront Commons project is leaders of and believe it could spur new development oncethe nation’a economic storm has passed. The Riverfront Commons projectt proposed by Southbank several years ago now encompassese the Licking River Greenway and Trail s project proposed by Vision Northern Kentucky’s regional planning initiative.
The expanded project repair erosion problems along both the Ohio and Licking build walkways and bike paths along both and extendthe project’ s footprint to include such elements as a tramway to connec t Devou Park to Mainstrasse Village in downtown All that boosts the project’s estimatesd cost to $170 million far higher than the $50 million price tag for the originapl Riverfront Commons plan. Tough times? Be bold Southbank Partners Presideng Bill Scheyer argues that the lousy econom y is no reason tothink small. “When time are difficult, it actually sometimes createe an opportunity for planning for the he said. “Waiting would not benefit us.
We need to try to creatde the vision, make the economic case and then begin to sell that conceprtto everybody.” And it seems so far, just about everybodyu is sold. Vision 2015 has won suppory forthe project among communitty groups and residents, and Southbank has convincede city and county government leaders of the project’ws worth and value, said Vision 2015 President John President Steve Stevens said business leaders have been too. After all, securing funding for the projectf was high on the list of prioritie s when the chamber took a grou p to meet with congressional leadersin D.C., earlier this year.
“When you’re tryinbg to arrange funding, you have a tendencyt to break things downinto bit-sized But if you do that and only you have a tendency to mask the overallk vision, which is really the part that stirz men’s souls and funders’ Domaschko said. “This kind of takes the cove r off the overall vision in the eyes of funder and shows how exciting thiscan Already, the Riverfront Commons project has secured federal fundw that paid for a study to plot the scope of the projecyt and help determine what’s needed to address the erosion problemds along the riverfront.
Scheyer wants to rais e $335,000 this year to continue the consulting work andpay 20/20 a high-powered Washington, D.C., firm that Southbank has hired to lobby for additiona federal funds. In just two months, Southbank raised $170,000 from loca l governments and private citizens who want to see the projec tmove forward. Local governments have been willinbto contribute, despite their own financial woes, because they understandr the impact the project could have for the regiom long-term, said Covington Mayor Denny Bowman. “Our job is not to just do a renderinh and not to just do a study but to continu e all efforts to see that we implement the Bowman said.
“It takes Already, Southbank and Vision 2015 have startesd to combine the governancew groups for the Ohio River and Lickin g River projects that were once separate And leaders inNorthern Kentucky’s river citiesx – from Bellevue to Bromley – have voiced support for the said Bellevue Mayor Jack Meyer, who is chairma of . “We would reallg be doing an injustice if we just sat back andsaid let’sx put this on hold until things get better,” Meye r said. And with the federal stimulus dollars flowin gfrom Washington, D.C.
, the project’s proponents hope they can win some by makingf the case that the broader project wouldf help the environment, give residents more recreational opportunitiesz and spur economic development all at the same time. “It’s difficuly to say how great the opportunities are for obtaining saidRoger Peterman, a partner with and chairmabn of . “But if we aren’t prepared, it’ws never going to happen.” Scheyer said the lobbying firm Southbanm hired has important connections in Congress that he hopews will help the community make its And CongressmanGeoff Davis, Sen. Jim Bunningb and Sen. Mitch McConnelkl all have been supportivse inthe past, he said.
Above all, said the chamber’d Stevens, everyone realizes that a project of this magnitud willtake time. The key, he is to get starteed and make the case with aunited “This economy’s going to turn Peterman said. “And we need to be positionedd to take advantageof that.”
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