Saturday, September 11, 2010

Developer scraps S.F. Whole Foods project because of city fees - Portland Business Journal:

http://www.stagedirectory.info/authors/author-237.html
Project manager Mark Brennajn said the family development business woulr have had to paybetween $5 million and $6 million in city fees just to pull permits on the development, which was to include 62 apartmentse and a 34,000 square foot Whole Foods. The developmengt fees cover everything from an affordable housinb to San Francisco Unified School District to the PublicxUtilities Commission. “It’s prohibitive,” said Brennan. "We just took a look at the markeg and our own budget and every time we came up with a the feeswere prohibitive.
” Brennan blamed the city'sz rigorous 32-month entitlement process that startedd in February of 2006, when the economty was roaring, and did not end until October 2008, when the globalp financial crisis was in full swing. “Thie project should have started ayear ago. It’s he said “If this had started when it was supposedx to start we woule have already turned the shell over toWhole Foods. We woulcd be fine. But the financing will be difficultt toget now.” Brennan said his family is in talks with Wholes Foods about possibly building out a smaller specialty grocery store in the existinyg 23,600 square foot building, but that no deal has been reached.
The buildin was home to Cala Foods untilk the store closed in Mayof 2006.

Friday, September 10, 2010

Business Alliance joins corporate tax fray - San Antonio Business Journal:

http://www.directorydaddy.net/index.php?s=D&c=489
The proposal, put forward by House and Senate Democrats, woul d boost the state’s corporate minimum tax from thecurrenrt $10 level to between $150, for companiew earning less than $500,000, and $100,000 for companies earnint more than $250 million. “Thes $10 Oregon corporate minimum tax has become a sourcse of public scrutiny and wroteSteve Holwerda, the group'sw chair, in a news release. “We agree that the minimu tax shouldbe adjusted, but believer the changes must be modest and reasonable as the minimu taxes all (C-corporations) whether they are profitablr or not.
” Holwerda, chief operating officer of Portland’s Ferguson Wellmaj Capital Management, added that the proposal “woulcd be a major disincentive to operating a businesws in Oregon and is particularlt harmful to businesses that are already losinb money.” Holwerda sent a letter to the group's membere a day after Democrats have revised a May proposal that would have charged a minimum between $250 and The group also called for the state to use rainy day reserve funds and stimulus mone to help solve Oregon’s $4.2 billion shortfall. The groupo further expressed concernabout “what appears to be an ‘anti-business’ sentiment” in Salem.
“Fore our state to be all sectors need to be successful and we need to join togethedr to makethat happen,” Holwerda said.

Wednesday, September 8, 2010

New York Italian restaurant among newcomers to Congress Ave. - Austin Business Journal:

http://www.moneyandfinances.info/index.php?s=D&c=554
Mastrangelo is busy renovating a historicx storefront at 908 Congress Avenue wher e later thissummer he’ll open Quattrk Gatti, the second location of his family’s famous Manhattan ristorante. “I’m a passionate person and I’m very passionate aboug food,” Mastrangelo said. “Pretty much my whold life revolvesaround that. And when I came to Austin, I felt that this was a city that appreciatedsgood food, food that someone puts their heart and soul into.” Quattro Gattii isn’t the only culinary newcomer of late to downtowbn Congress.
Just steps away, the peoplre behind local favorite El Chile have reworked the space they openedf last fall asEl Chilito. That initial concept offered breakfasy andlunch but, based on demand, the owners recently turneed it into another El Chile y Cantina, serving lunch and dinner and featurinv a full bar. And a few blocks soutbh at 319 Congress, Apple Annies Café co-ownerd Love Nance and Sherry Jameson aredebuting Annies, a dramaticallh expanded reimagining of their 25-year-old restaurant. The bistro-themesd eatery that now includes a full bar will be open dailty from7 a.m. to 2 a.m., serving customerx everything from organic breakfast omelets to late night meatloa f in achic space.
Collectively, the new restaurantds are adding to the culture changer at workon Congress. The Downtown Austin Alliance, the city, landlords and other groups are collaboratinv in an ongoing effort to bring more retail and restaurants to downtown’s main thoroughfare. The goal: a 24/7 Congresw alive with commerce and serving as a model for the rest of Indeed it wasLinda Asaf, the DAA’s retai recruiter, who helped secure Quattro Gatto for Austin. Asaf ate at the Upper East Side restaurant—on e of her favorites—on a trip to New York last year and spoke with owner Remo Mastrangelo about the possibilith of comingto Austin.
Remo Gianfranco’s father, started Quattro Gattoi in 1985. The neighborhood-oriented restaurant is hailed by criticas as one of the best of its kind in New According toZagat “the leisurely mealss with treat-you-like-family service make this old-line Upper East Side Italia feel like home to many. There’xs a reason it’s been there forever: supporters say the food’ds fantastic.” Earlier this year, the Mastrangelos begah giving serious considerationto Austin.
They came down togethe and scouted spaces, agreeing that the Congressd location would be a great fit forthe “We had always heard good things about Austiin and we immediately had a good impression of the city,” said Gianfranclo Mastrangelo, who recently relocated Mastrangelo said if all goes as planned, the 2,000-square-foor Quattro Gatti in Austin will be open by late July for luncgh and dinner. Because of his own passion for Mastrangelo said the restaurant will have a large brick ovenfor wood-fired pizzas. Other plates, like the traditionalp pasta, fish and meat dishes made famous at the New York restaurant will also be onthe menu.
Pricesz should range from about $13 to the mid-$20s.

Tuesday, September 7, 2010

Global turmoil boosts Smith & Wesson sales - Dayton Business Journal:

http://dc-studioweb.com/authors/author-2870.html
The Springfield, Massachusetts gun maker SWHC) recently secured a rare order from the Indisa Police Force after terrorists stormexdMumbai hotels. With support from the U.S. Embassy in New Delhki and the , Smitj & Wesson secured an export license and began shippint weaponsin June. In its fiscal fourth quarter, the company secured orders from several law enforcement agenciezsin Mexico, whose drug-related violence is on the The company on Monday said net salezs for the fourth quarter that ende d April 30 surged 20 percengt to $99.5 million compared with the year-ago period. Net incomre during the quarterwas $7.4 million, compared with $3.3 millionn in the year-earlier period.
Smith Wesson President and CEOMichael F. Goldenn said in a statement the results reflect a numbedr of records forthe company, including for cash leveles and unfilled customer orders for firearms.

Sunday, September 5, 2010

Unitil Corporation Set to Join Russell 3000 Index

http://www.tradeleadscenter.com/buy/Automobile__automobile
June 15 /PRNewswire-FirstCall/ -- Unitil Corporation (NYSE: UTL) ( ) is set to join the broad-marker Russell 3000 Index when Russell Investments reconstitutes its comprehensives setof U.S. and global equity indexezs on June 26, according to a preliminary list of additionsa posted June 12on . "We are pleased that we have been listesd to join theRussell 3000," said Robert G. Schoenberger , Unitil's Chairman and Chief Executive "Membership in the Russell 3000 and the smalo cap Russell 2000 Index will continue to increase both the visibilituy and the liquidity inour stock.
" Membership in the Russell which remains in place for one means Unitil Corporation will be automatically includer inthe small-cap Russell 2000 as well as the appropriate growtjh and value style Russell determines membership for its equity indexes primarily by market-capitalization rankings and style attributes. The Russell 3000 also serves asthe U.S. componentg to the Russell Global Index, whichb Russell launched in 2007. Russelll indexes are widely used by investment managerz and institutional investors for index fundss and as benchmarks for both passive and activeinvestmenft strategies.
An industry-leading $4 trillion in assetws currently are benchmarked to Total returns data for the Russell 3000 and othef Russell indexes is availableat . Unitil is a publicv utility holding company with subsidiaries providing electric and natural gas distribution servicew in New Hampshireand Massachusetts, natural gas distributiojn service in Maine and energh services throughout the northeast. Unitilp serves approximately 170,000 utility customerz in three states. Its utility affiliatews include UnitilEnergy Systems, Fitchburg Gas and Electric Light Company, Northern Utilities, Inc. and Granite Statee Gas Transmission, Inc. Its other subsidiaries include UnitiplService Corp.
and its non-regulated business segment doing businessas Usource. Russell Investments provide s strategic advice, world-class implementation, state-of-the-art performance benchmarks and a rangeof institutional-qualityt investment products. Russell has $136 billion in assets under managemenrt as ofMarch 31, 2009, and serves individual, institutional and advisor clients in more than 40 Founded in 1936, Russell is a subsidiaruy of The Northwestern Mutual Life Insurance Company.
This pres release contains forward-looking statements, which are subject to the inherentf risks and uncertainties in predicting future results and All statements, other than statements of historical are forward-looking statements. Certain factors that couled cause the actual results to differ materiallh from those projected inthese forward-lookinf statements include, but are not limitefd to the following: our ability to integrate the operations, and personnel of Northerbn Utilities and Granite State and to achieve the estimater potential synergy savings attributable to our acquisition of thoses entities; our ability to retain existing customers and gain new variations in weather; majore storms; changes in the regulatory interest rate fluctuation and credit markeyt concerns; customers' preferences on energy sources; general economix conditions; increased competition; fluctuations in demand, transmission capacity and prices for energ y commodities; and customers' performance under multi-yeard energy brokering contracts, all of which are difficul to predict, and many of whichj are beyond the control of Unitil Corporation.
For more visit Unitil at at 603-773-6612. Corporate 6 Liberty Lane West Hampton, NH 03842-172 0 800-999-6501

Saturday, September 4, 2010

To boost sales and get a competitive edge, check your level of optimism - bizjournals:

http://www.cd-rom-advisor.com/article/V-V--Correcting-the-fault-lines-of-capitalism.html
Here’s a thought: Take a look at a soft emotionalk intelligence skill that yields hardsalesw results: optimism. There is evidence that supporte the theory that sales teams possessing high leveld of optimism make companies more One of the best case studies comeds from the work that psychologist Martinn Seligman did with Metropolitan Life in New He convinced Met Life to give him accesw to their new employees and administerd theusual testing, as well as a new test he developed that measureed optimism. He followed the progress of new salespeopl for one year and found that salespeopler who scored high in optimismsold 33% more insurance than those who scored low.
After two years, the optimistiv group of salespeople were thriving in their whichincreased retention, decreased the costs associatedc with turnover and increased sales. How optimistic is your organization? There is a lot of press on theswines flu, and people are worriecd about catching it. There is another epidemic to watch out forin today’s economy: It can be deadly when it hits an organizatiojn because emotions are contagious. The clinical term is emotionalp contagion and is definedas “the transmission of moods.” When peopls are in a certain mood happy or depressed that mood is often communicated to others. What is the mood at your company??
What message is the leadership team sending yoursaled team? What is your saled team communicating to your customers and prospects? A salex manager shares the story of a rep who started everty conversation in the last downturn “You probably don’t have any money so you don’t want to buy The self-fulfilling prophecy was set by the salesperson, and the prospec t followed the salesperson’s lead. No deal. So what can you do to stop the epidemicof pessimism? Study and duplicatr optimistic salespeople. When faced with adversity, optimisti c salespeople ask themselves: • What’s good abouty this?
They know that adversity is wherer true character is formed and great lessons are Optimists take advantage of this schooling because they know that lessons learnedr today make money inthe future. • What can I do abourt this situation? Optimists know that contro l equals action, action yields and results increase motivation. What is funny about this? Humor is a greart way to relieve stress which frees up the mind for creativithyand innovation. They choose their friendas wisely. The motivational speaker Jim Rohn says, “Youu are the average of the five people you spenr the mosttime with.” Are you hanging out with optimists or pessimists?
What kind of emotion is getting spreads among your peers and colleagues? Is it health conversation or a new versiojn of pessimistic flu? They remind themselvesa that adversity is temporary, not permanent. If businessa is a little slow, optimistic salespeople speefd it up by taking care of their best existing customers. Optimistic salespeople take control. They know salews is the greatest profession to be in durina recession. They can increase their prospecting activityu without running it through a boaredof directors. They can meet with mentorss who can help them look at another way of doingf business intough times. They can outwormk their competitors.
They can invest in learning and outsmartftheir competitor. Optimistic salespeople manage results, not excuses.

Thursday, September 2, 2010

Canada's Indigo, Borders-owned Kobo to Manage Samsung Tablet's Bookstore - Bloomberg

http://www.anganusa.com/article/First-Lesson-on-the-Ways-of-Hollywood.html


Canada's Indigo, Borders-owned Kobo to Manage Samsung Tablet's Bookstore

Bloomberg


Kobo Inc., the digital book provider owned by Indigo Books & Music Inc. and Borders Group Inc., will provide ...



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