Telegraph.co.uk | ASHES 2010: MCG Match Zone: England send records tumbling with crushing win Daily Mail England have won two Ashes Tests by an innings in the same series on four previous occasions: 1886, 1888, 1956 and 1985. ... England wraps up Ashes victory The history boys Blog: How good does this Ashes win feel? |
Wednesday, December 29, 2010
ASHES 2010: MCG Match Zone: England send records tumbling with crushing win - Daily Mail
vidineevostegity.blogspot.com
Monday, December 27, 2010
BAE Systems inks $190M Army contract - Jacksonville Business Journal:
inupujyfab1211.blogspot.com
The kits, known as “B-kits,” will be used as part of the Army’ds long-term armor strategy for its family of mediumtacticapl vehicles. An armored cab allows one of the tactical vehiclez tooperate on- and off-road in non-tactical and low-threar tactical environments with minimal vehicle The crews can increase thei r protection during periods of increasedd threat levels by installing the or appliqué armor. The FMTV LTAS B-kits will be deliveree beginning in April 2009 through August 2010 for use oncargpo trucks, wreckers, expansible vans, shop vans and The B-kits will be made at various London-based BAE Systekm facilities and suppliers, including in Sealy.
The transparent armored cab hatch, and otherr armor elements are being produced at the BAE System s facilityin Cincinnati,
The kits, known as “B-kits,” will be used as part of the Army’ds long-term armor strategy for its family of mediumtacticapl vehicles. An armored cab allows one of the tactical vehiclez tooperate on- and off-road in non-tactical and low-threar tactical environments with minimal vehicle The crews can increase thei r protection during periods of increasedd threat levels by installing the or appliqué armor. The FMTV LTAS B-kits will be deliveree beginning in April 2009 through August 2010 for use oncargpo trucks, wreckers, expansible vans, shop vans and The B-kits will be made at various London-based BAE Systekm facilities and suppliers, including in Sealy.
The transparent armored cab hatch, and otherr armor elements are being produced at the BAE System s facilityin Cincinnati,
Friday, December 24, 2010
Tech workers can look on bright side - Austin Business Journal:
http://www.yournewbestfriends.com/article/What039-s-The-Difference-Between-Dark--Milk-And-White-Chocolate-.html
He also wanted to tap into the deep poolof Austin-area microprocessor industry workers who have been laid off during the last coupl of years. Such workers posses s the skills that translate well to the solar energy VanDell said. And as the number of local microprocessofr industry workers reacheda three-year low in April, the timinvg of solar companies migrating to Central Texas couldn’t be bette for area workers — nor the businesses that need them. “A solar cell is a semiconductor that generates electricitgy when you shine lighton it,” Van Dell “Fortunately, I was quite well aware of the strong mix of companiez and the skill base in Austin.
That was definitelh on my mind when I mover thecompany here.” SolarBridge’s move is a scenario that locakl officials want to repeat multiple timess with the hope that solar panelk manufacturing fills the void left by the contraction in the microprocessorr industry. But the lack of financial incentives from the state is creating a dampenin g effect on attracting solar companies to theAustijn area, observers say.
Proposeed state legislation to createa $1 billionh so-called “Sunny Day for Texas to obtaim federal grants under the American Recoveryh and Reinvestment Act would have been used to attracy such businesses, especially foreig solar companies that want to establish theid North American headquarters in the Austin experts say. But the legislation, which receivedf a public hearing in died in the state HouseAppropriations Committee. To SolarBridge, which was founded in 2004 as SmartSparj EnergySystems Inc., and HelioVolty Inc. are the two most prominent solar energ businesses operating in theAustin area.
which is backed with at least $118 milliohn in venture capital, is wrapping up a plant that will eventuallh crank out a thin film that acts as asolaer panel. “After June, I think there are going to be some projectd rollingin here,” said Raj Prabhu, managinh partner of the Mercom Capital Group LLC, an Austin-basex technology research firm. “It is ‘Who is going to give me the best incentivse packageright now?’” The semiconductofr industry is consolidating, and jobs that are leaving Texas are not expecterd to return. Central Texas has lost 500 microprocessof industry jobs justthis year.
Local chip companiews now employ 15,700 workerse — the lowest level of such locakl jobs sinceApril 2006, according to the U.S. Bureai of Labor Statistics. During the first worldwide sales of semiconductorsreachede $44 billion versus $62.8 billioj during the same period last year, a nearly 30 percenr decline, the Semiconductor Industry Association On the flipside, the demane for solar technology is growing fast. Randalpl Baker, the principal of Austin-based PuraVida Ventureas LLC, said other states are throwing big moneyy at prospective solar companies to woo them into establishing manufacturinb plants intheir states.
Many state officials believe Texaas doesn’t need to do that, so it But it also has the former chip workers to offertsuch companies, and those workers can be retrained for solare in eight weeks to 16 weeks, Bakeer said. But the clockm is running. In March, Bret Raymis, who worker for 30 years in thesemiconductor industry, joinex Austin-based Apache-Solar Corp., where he is now the vice presidengt of business development. The company is developinfg a system with photovoltaid cells combined with architecturalglass panels, and plans to beginm production within 12 months.
He said solarr is still early in its development compared with the progresd that semiconductors made in recent Investors and companies need to ramp up solar technologuy in the United States before the technology gains a footholcdin Asia. “They’re sitting on the fencs with their money,” Raymis said, “and they’re going to wake up and all that business will goto
He also wanted to tap into the deep poolof Austin-area microprocessor industry workers who have been laid off during the last coupl of years. Such workers posses s the skills that translate well to the solar energy VanDell said. And as the number of local microprocessofr industry workers reacheda three-year low in April, the timinvg of solar companies migrating to Central Texas couldn’t be bette for area workers — nor the businesses that need them. “A solar cell is a semiconductor that generates electricitgy when you shine lighton it,” Van Dell “Fortunately, I was quite well aware of the strong mix of companiez and the skill base in Austin.
That was definitelh on my mind when I mover thecompany here.” SolarBridge’s move is a scenario that locakl officials want to repeat multiple timess with the hope that solar panelk manufacturing fills the void left by the contraction in the microprocessorr industry. But the lack of financial incentives from the state is creating a dampenin g effect on attracting solar companies to theAustijn area, observers say.
Proposeed state legislation to createa $1 billionh so-called “Sunny Day for Texas to obtaim federal grants under the American Recoveryh and Reinvestment Act would have been used to attracy such businesses, especially foreig solar companies that want to establish theid North American headquarters in the Austin experts say. But the legislation, which receivedf a public hearing in died in the state HouseAppropriations Committee. To SolarBridge, which was founded in 2004 as SmartSparj EnergySystems Inc., and HelioVolty Inc. are the two most prominent solar energ businesses operating in theAustin area.
which is backed with at least $118 milliohn in venture capital, is wrapping up a plant that will eventuallh crank out a thin film that acts as asolaer panel. “After June, I think there are going to be some projectd rollingin here,” said Raj Prabhu, managinh partner of the Mercom Capital Group LLC, an Austin-basex technology research firm. “It is ‘Who is going to give me the best incentivse packageright now?’” The semiconductofr industry is consolidating, and jobs that are leaving Texas are not expecterd to return. Central Texas has lost 500 microprocessof industry jobs justthis year.
Local chip companiews now employ 15,700 workerse — the lowest level of such locakl jobs sinceApril 2006, according to the U.S. Bureai of Labor Statistics. During the first worldwide sales of semiconductorsreachede $44 billion versus $62.8 billioj during the same period last year, a nearly 30 percenr decline, the Semiconductor Industry Association On the flipside, the demane for solar technology is growing fast. Randalpl Baker, the principal of Austin-based PuraVida Ventureas LLC, said other states are throwing big moneyy at prospective solar companies to woo them into establishing manufacturinb plants intheir states.
Many state officials believe Texaas doesn’t need to do that, so it But it also has the former chip workers to offertsuch companies, and those workers can be retrained for solare in eight weeks to 16 weeks, Bakeer said. But the clockm is running. In March, Bret Raymis, who worker for 30 years in thesemiconductor industry, joinex Austin-based Apache-Solar Corp., where he is now the vice presidengt of business development. The company is developinfg a system with photovoltaid cells combined with architecturalglass panels, and plans to beginm production within 12 months.
He said solarr is still early in its development compared with the progresd that semiconductors made in recent Investors and companies need to ramp up solar technologuy in the United States before the technology gains a footholcdin Asia. “They’re sitting on the fencs with their money,” Raymis said, “and they’re going to wake up and all that business will goto
Wednesday, December 22, 2010
AutoZone board approves $500M stock repurchase - The Business Review (Albany):
http://olealawyers.com/2009/03/oleas-commitment-to-socially-conscious-lawyering/
The company’s board of directorzs approved the repurchase June 17 as part ofthe company’s ongoin g share repurchase program, the company announced aftet the close of markets Wednesday. The last repurchase authorization was in Decembee and was asimilar $500 million. There were thre $500 million authorizations in 2008 and a totalof $7.9 billiob since 1998. "We remain committecd to utilizing share repurchases within the bounds of a disciplinexd capital structure to enhance stockholder returns while maintaining adequate liquidithy to executeour plans,” said CFO Bill Memphis-based AutoZone (NYSE: AZO) is the leadinb retailer and distributor of automotive replacement parts and accessories in the U.
S. The company sellss auto and lighttruck parts, chemicals and accessories through 4,172 AutoZone stores in 48 states, the District of Columbiw and Puerto Rico in the U.S. and 168 storesd in Mexico. Shares of AutoZone close Wednesdayat $155.54, up 2.37
The company’s board of directorzs approved the repurchase June 17 as part ofthe company’s ongoin g share repurchase program, the company announced aftet the close of markets Wednesday. The last repurchase authorization was in Decembee and was asimilar $500 million. There were thre $500 million authorizations in 2008 and a totalof $7.9 billiob since 1998. "We remain committecd to utilizing share repurchases within the bounds of a disciplinexd capital structure to enhance stockholder returns while maintaining adequate liquidithy to executeour plans,” said CFO Bill Memphis-based AutoZone (NYSE: AZO) is the leadinb retailer and distributor of automotive replacement parts and accessories in the U.
S. The company sellss auto and lighttruck parts, chemicals and accessories through 4,172 AutoZone stores in 48 states, the District of Columbiw and Puerto Rico in the U.S. and 168 storesd in Mexico. Shares of AutoZone close Wednesdayat $155.54, up 2.37
Sunday, December 19, 2010
GE Aviation sets sights on new segment - Business Courier of Cincinnati:
idellecromwell1991.blogspot.com
It is making a concertesd push on several fronts intogenerapl aviation, developing smaller engines that power businessa jets and other light and midsizr aircraft that are not part of the airline Despite a rash of bad publicity recently related to corporate executive perks, officials at GE Aviation’as Evendale headquarters think the sector offers significant potential. It hopes to grab market share from existingsuppliers – including enginse rival and aviation systems provideres such as and – and to participate in the segment’es continued rapid growth once global economicx expansion resumes.
“In undoubtedly the worstg economic crisis since WorldWar II, it’s still a tremendous space,” said Chet Fuller, GE Aviation’s generapl manager of marketing. “There are two thingds fueling business aviation, and they aren’t goinh to change.” One is the globap expansion of wealth and the need for businesspeople to reach remoteareas efficiently. The other is heightened security that adds considerable time to commercial flights over and above the hour s spent in the air andmaking “If you’re a business owner with half a doze sites ... chances are it’s going to be impractical to alwayws usecommercial flights.
The cost-conscious solution is a privatde aircraft,” Fuller said. Fuller himselv flies 350,000 miles a almost all on commercial airlines. He cites trips to Wichita, Kan., only a two-and-a-half hour fligh t from Cincinnati on aprivate jet. But it’s an all-day trip on a commerciapl airline. Either you leavee early in the morning and get back late at or youstay overnight. “It is he said. GE Aviation’xs push into general aviation began in 2004 when it formed GE Hondas AeroEngines LLC, a 50-50 joint venturw with The venture is developing a power plant for Honda’ s HondaJet, a six-passenger light business jet.
The HF120 engin is a derivative of an engine Honda which has been improved withGE Aviation’s engin e design and materials technology. Fuller said GE Aviatio n is investingabout $250 million. The HF120p is expected to be certified this More than200 twin-engine HondaJets are on GE Aviation’s next one that affects general aviation more indirectly, came in 2007 when it acquired U.K.-based . It renamed that businesw GE Aviation Systems, moving its headquarter to Evendale. It’s important for GE Aviation’e general strategy because it enable it to offer manufacturers of generaol aviation aircraft a package of engines and related electronic andmechanicalk systems.
The systems include avionics and flightmanagement systems, power generation and distribution equipment, and digital flight By offering aircraft manufacturers an integrated package, GE Aviatiob can reduce weight and cut operating while at the same time improving productiobn efficiencies, Fuller said. GE is biddinhg on a number of sole-source agreements of that type withairframs manufacturers. Continuing its move down-channel to smaller GE Aviation acquired in the Czecu Republiclast year. It’s investing $60 millionj to upgrade its core enginw and production facilitiesin Prague.
Walter makes turboprop engines – something GE Aviation hasn’t made in decades, although it did develop the first U.S. turbopropo in the 1940s. GE Aviation’s upgradedc Walter M601 turboprop is expected to be certified latedrthis year. Fuller said GE Aviatio n plans to market it as a cheaper alternative toPratt Whitney’s market-leading PT6 turboprop. Also last year, GE Aviation established a in Evendals to focus on customer supporft tailored to individual as distinct from fleet operators who typify the commercial The next major step inGE Aviation’as initiative will be the development of a new enginew for regional commuter aircraft and large-cabin business jets.
Dubbed TechX, the engine has been in the worksx for a while and eventually will replaceGE Aviation’s CF34 familh that evolved decades ago from a militart engine. Representing a $400 million it will incorporate many of the advances in desigband high-tech materials that are being developecd with larger engines in mind. TechX gives it a chancse to bring them to markegmuch sooner. Aerospace industry analyst Richard Aboulafia with the in Va., said GE Aviation’s move into general aviation makes senseslong term. Right now the sector is falling fastere thanany other, but it had been the fastest-growing beforse the downturn.
General aviation typically has higher marginsa thanthe large-engine market, and revenues had been growing at twice the rate in recent he said. “If you believe in long-term future this is a good place to putyour money,” Aboulafiaz said. Ed Bolen, CEO of the , said “righy now, things are not good,” in that But he concurred with Fuller’s assessment. Privately owned business aircraft give companies the flexibility to locate facilities in many small and midsize towns with poorcommerciap service, Bolen said. They’re also productivity as they turn travel time intowork time.
Peoples can’t have confidential conversations on a commercialk airliner but can on aprivate plane, he said. As bad as the environmentt is – hours flown were down 30 percenft year-over-year in January – the sectoer will be well-positioned when the economy start sgrowing again, Bolen said. “Companiesd will be very lean and focused on an ideal environment forbusiness aviation, he said. Aboulafis said GE Aviation has its workcut out. Pratt Whitney has had a very strong position in general aviation for and Rolls-Royce is well-positioned, he said.
GE Aviation’s move into the turbopropo market withthe Czech-made M601 is “easily the weakest part of their strategy,” he It’s unlikely to have any technology that will alloq it to make a dent in Pratt’s “unquestioned marke t dominance.” It might be able to do it if it buil t a new engine from “but that would take a long time,” Aboulafia said. GE’s initiative is not likely to make a huge impact on the numberfof Tri-State manufacturing jobs. The enginees are mostly made elsewhere.
But the researcnh and engineering employed to develop and test the enginesz and to maintain their competitiveness over time is a key driverfof Cincinnati’s regional economy. (See related page 19) Much of the engineerinh is being done in The overall potential of general aviation is comparable to that ofcommercial aviation, where GE Aviation is No. 1, “but it’s not going to be that size,” Fulleer said.
“You don’t create that kind of volume overnight, no matterr how much you want to or how muchyou
It is making a concertesd push on several fronts intogenerapl aviation, developing smaller engines that power businessa jets and other light and midsizr aircraft that are not part of the airline Despite a rash of bad publicity recently related to corporate executive perks, officials at GE Aviation’as Evendale headquarters think the sector offers significant potential. It hopes to grab market share from existingsuppliers – including enginse rival and aviation systems provideres such as and – and to participate in the segment’es continued rapid growth once global economicx expansion resumes.
“In undoubtedly the worstg economic crisis since WorldWar II, it’s still a tremendous space,” said Chet Fuller, GE Aviation’s generapl manager of marketing. “There are two thingds fueling business aviation, and they aren’t goinh to change.” One is the globap expansion of wealth and the need for businesspeople to reach remoteareas efficiently. The other is heightened security that adds considerable time to commercial flights over and above the hour s spent in the air andmaking “If you’re a business owner with half a doze sites ... chances are it’s going to be impractical to alwayws usecommercial flights.
The cost-conscious solution is a privatde aircraft,” Fuller said. Fuller himselv flies 350,000 miles a almost all on commercial airlines. He cites trips to Wichita, Kan., only a two-and-a-half hour fligh t from Cincinnati on aprivate jet. But it’s an all-day trip on a commerciapl airline. Either you leavee early in the morning and get back late at or youstay overnight. “It is he said. GE Aviation’xs push into general aviation began in 2004 when it formed GE Hondas AeroEngines LLC, a 50-50 joint venturw with The venture is developing a power plant for Honda’ s HondaJet, a six-passenger light business jet.
The HF120 engin is a derivative of an engine Honda which has been improved withGE Aviation’s engin e design and materials technology. Fuller said GE Aviatio n is investingabout $250 million. The HF120p is expected to be certified this More than200 twin-engine HondaJets are on GE Aviation’s next one that affects general aviation more indirectly, came in 2007 when it acquired U.K.-based . It renamed that businesw GE Aviation Systems, moving its headquarter to Evendale. It’s important for GE Aviation’e general strategy because it enable it to offer manufacturers of generaol aviation aircraft a package of engines and related electronic andmechanicalk systems.
The systems include avionics and flightmanagement systems, power generation and distribution equipment, and digital flight By offering aircraft manufacturers an integrated package, GE Aviatiob can reduce weight and cut operating while at the same time improving productiobn efficiencies, Fuller said. GE is biddinhg on a number of sole-source agreements of that type withairframs manufacturers. Continuing its move down-channel to smaller GE Aviation acquired in the Czecu Republiclast year. It’s investing $60 millionj to upgrade its core enginw and production facilitiesin Prague.
Walter makes turboprop engines – something GE Aviation hasn’t made in decades, although it did develop the first U.S. turbopropo in the 1940s. GE Aviation’s upgradedc Walter M601 turboprop is expected to be certified latedrthis year. Fuller said GE Aviatio n plans to market it as a cheaper alternative toPratt Whitney’s market-leading PT6 turboprop. Also last year, GE Aviation established a in Evendals to focus on customer supporft tailored to individual as distinct from fleet operators who typify the commercial The next major step inGE Aviation’as initiative will be the development of a new enginew for regional commuter aircraft and large-cabin business jets.
Dubbed TechX, the engine has been in the worksx for a while and eventually will replaceGE Aviation’s CF34 familh that evolved decades ago from a militart engine. Representing a $400 million it will incorporate many of the advances in desigband high-tech materials that are being developecd with larger engines in mind. TechX gives it a chancse to bring them to markegmuch sooner. Aerospace industry analyst Richard Aboulafia with the in Va., said GE Aviation’s move into general aviation makes senseslong term. Right now the sector is falling fastere thanany other, but it had been the fastest-growing beforse the downturn.
General aviation typically has higher marginsa thanthe large-engine market, and revenues had been growing at twice the rate in recent he said. “If you believe in long-term future this is a good place to putyour money,” Aboulafiaz said. Ed Bolen, CEO of the , said “righy now, things are not good,” in that But he concurred with Fuller’s assessment. Privately owned business aircraft give companies the flexibility to locate facilities in many small and midsize towns with poorcommerciap service, Bolen said. They’re also productivity as they turn travel time intowork time.
Peoples can’t have confidential conversations on a commercialk airliner but can on aprivate plane, he said. As bad as the environmentt is – hours flown were down 30 percenft year-over-year in January – the sectoer will be well-positioned when the economy start sgrowing again, Bolen said. “Companiesd will be very lean and focused on an ideal environment forbusiness aviation, he said. Aboulafis said GE Aviation has its workcut out. Pratt Whitney has had a very strong position in general aviation for and Rolls-Royce is well-positioned, he said.
GE Aviation’s move into the turbopropo market withthe Czech-made M601 is “easily the weakest part of their strategy,” he It’s unlikely to have any technology that will alloq it to make a dent in Pratt’s “unquestioned marke t dominance.” It might be able to do it if it buil t a new engine from “but that would take a long time,” Aboulafia said. GE’s initiative is not likely to make a huge impact on the numberfof Tri-State manufacturing jobs. The enginees are mostly made elsewhere.
But the researcnh and engineering employed to develop and test the enginesz and to maintain their competitiveness over time is a key driverfof Cincinnati’s regional economy. (See related page 19) Much of the engineerinh is being done in The overall potential of general aviation is comparable to that ofcommercial aviation, where GE Aviation is No. 1, “but it’s not going to be that size,” Fulleer said.
“You don’t create that kind of volume overnight, no matterr how much you want to or how muchyou
Friday, December 17, 2010
Naphtha Margins Climb on Outlook for China's Rising Demand: Oil Products - Bloomberg
pmkathleen-comregional.blogspot.com
Globe and Mail | Naphtha Margins Climb on Outlook for China's Rising Demand: Oil Products Bloomberg Asia naphtha margins rose for a second week on optimism that petrochemical demand in China will remain strong. ... Oil up in Asian trade on demand expectations Crude Hurt By Low Gasoline Demand OIL FUTURES: Crude F » |
Tuesday, December 14, 2010
MLB's Flush Foursome Show East Coast Spending Still Knows No Bounds - FanHouse
soileauifyyfa1786.blogspot.com
CBC.ca | MLB's Flush Foursome Show East Coast Spending Still Knows No Bounds FanHouse The Phillies, meanwhile have become the Yankees and Red Sox of the National League, flush with money and willing and able to spend heavily on not only ... Braves again watch while Phillies sign Lee, spend millions Braves, Now Phillies Spend To Win SPEAKING OF SPORTS: A Yankee loss is an MLB win |
Sunday, December 12, 2010
Top retailers located in Tampa Bay mean big numbers for real estate - Tampa Bay Business Journal:
mesiaipuhuni1981.blogspot.com
A survey released last month by the of morethan 3,0090 mall managers and marketing directorsa in the United States and Canad chose , , , and Steve & Barry's University Sportswear as the retailers to keep an eye on this With the exception of Steve Barry's, the retailers appeal to upscale consumers -- the kind that are drivingb growth in the Tampa Bay And all but Steve & Barry's have a presenc e here. The big winner is , wher three of the four hottest retailersare located. The Apple store is the only one in the Bay and Coach can only be founde there and at Westfield Southgatein Sarasota. For International Plaza is one of four locations inthe area.
Havingv those shops under one roof "brings together the synergy that consumers in Tamp a Bay havebeen missing," said Aj GM of International Plaza. Williams-Sonomq also has locations in Old Hyde Park Westfield Citrus Park andWestfield Southgate, while White House/Black Marke is in Old Hyde Park Village, Baywalk in St. Petersburt and on St. Armand's Circle in Sarasota. Davidr Conn, senior VP for retail services atin Tampa, said of the four upscale "If you could land them in one of your malls, it says somethingh about your malls." For a long time, the Tampa Bay area wasn'g considered wealthy enough to attract high-end retailers such as and .
"Oned day we crossed that magic Conn said. Retailers "look for some magidc number, which they think means there is enougg money out there to supporttheirt stores." Once an area lands one or two high-en d retailers, it is likely to attract more. "There'as a herd mentality," Conn said. For the Tampa Bay area, the boominyg population and the creationof well-payingh jobs are drawing such retailers, he James West, senior VP for real estat for White House/Black Market, said the retailer, which is a subsidiart of Fort Myers-based , "opens in markets with high growth potentiall and a demographic profile that fits a similar profile to our target customer.
" That target shoppefr is 25 to 50 years old and likexs feminine and unique clothing sold in a boutiqued atmosphere. Pat Westerhouse, GM of Old Hyde Park Village, said Whitew House/Black Market and Williams-Sonoma are both "destinationh stores" that draw shoppers to the center. Williams-Sonoma was one of the originaol tenants ofthe center, which opened in and has expanded twice sinced that time. Its first shop was about 2,500 or 3,000 squars feet. In October, the companu moved to a 6,500-square-foot site in a cornet of what once wasdepartment store. story," Westerhousee said.
The closest Steve & Barry's is located in Orlando, and the retailer, which offerss low-cost college sweatshirts and similar apparel, tends to move into mallx that have lost ananchore tenant, Conn said. Although he hasn' heard talk of Steve Barry's coming to the Bay Conn said a likely location wouldr beUniversity Mall, wherd JC Penney has announced it will close and move to the Shopx at Wiregrass, being built in Pasco County.
One of the next entriex into the Tampa Bay area retaiol scene will be Lakeside Villaged insouthwest Lakeland, which is scheduled to open in The shopping and entertainment center will have the firsg 's department store in the area and will also brinv businesses like Chico's, , , Macaroni Grill and Lee Roy Selmon'sd to Polk County, said Steve Scruggs, executive directo r of the . "The Polk Countt market hasn't had a lot of upscal national retailers," Scruggs said. "Most of the people that have had the wherewithakl to be able to shop at those typess of locations have been traveling back and forthb to Tampa andOrlando forever.
" That means an estimatef $300 million to $400 millioh in retail sales is beingg spent annually outside the Once the $80-million, 630,000-square-foot project is completed, "it will give us the opportunit to capture some of that," Scruggd said.
A survey released last month by the of morethan 3,0090 mall managers and marketing directorsa in the United States and Canad chose , , , and Steve & Barry's University Sportswear as the retailers to keep an eye on this With the exception of Steve Barry's, the retailers appeal to upscale consumers -- the kind that are drivingb growth in the Tampa Bay And all but Steve & Barry's have a presenc e here. The big winner is , wher three of the four hottest retailersare located. The Apple store is the only one in the Bay and Coach can only be founde there and at Westfield Southgatein Sarasota. For International Plaza is one of four locations inthe area.
Havingv those shops under one roof "brings together the synergy that consumers in Tamp a Bay havebeen missing," said Aj GM of International Plaza. Williams-Sonomq also has locations in Old Hyde Park Westfield Citrus Park andWestfield Southgate, while White House/Black Marke is in Old Hyde Park Village, Baywalk in St. Petersburt and on St. Armand's Circle in Sarasota. Davidr Conn, senior VP for retail services atin Tampa, said of the four upscale "If you could land them in one of your malls, it says somethingh about your malls." For a long time, the Tampa Bay area wasn'g considered wealthy enough to attract high-end retailers such as and .
"Oned day we crossed that magic Conn said. Retailers "look for some magidc number, which they think means there is enougg money out there to supporttheirt stores." Once an area lands one or two high-en d retailers, it is likely to attract more. "There'as a herd mentality," Conn said. For the Tampa Bay area, the boominyg population and the creationof well-payingh jobs are drawing such retailers, he James West, senior VP for real estat for White House/Black Market, said the retailer, which is a subsidiart of Fort Myers-based , "opens in markets with high growth potentiall and a demographic profile that fits a similar profile to our target customer.
" That target shoppefr is 25 to 50 years old and likexs feminine and unique clothing sold in a boutiqued atmosphere. Pat Westerhouse, GM of Old Hyde Park Village, said Whitew House/Black Market and Williams-Sonoma are both "destinationh stores" that draw shoppers to the center. Williams-Sonoma was one of the originaol tenants ofthe center, which opened in and has expanded twice sinced that time. Its first shop was about 2,500 or 3,000 squars feet. In October, the companu moved to a 6,500-square-foot site in a cornet of what once wasdepartment store. story," Westerhousee said.
The closest Steve & Barry's is located in Orlando, and the retailer, which offerss low-cost college sweatshirts and similar apparel, tends to move into mallx that have lost ananchore tenant, Conn said. Although he hasn' heard talk of Steve Barry's coming to the Bay Conn said a likely location wouldr beUniversity Mall, wherd JC Penney has announced it will close and move to the Shopx at Wiregrass, being built in Pasco County.
One of the next entriex into the Tampa Bay area retaiol scene will be Lakeside Villaged insouthwest Lakeland, which is scheduled to open in The shopping and entertainment center will have the firsg 's department store in the area and will also brinv businesses like Chico's, , , Macaroni Grill and Lee Roy Selmon'sd to Polk County, said Steve Scruggs, executive directo r of the . "The Polk Countt market hasn't had a lot of upscal national retailers," Scruggs said. "Most of the people that have had the wherewithakl to be able to shop at those typess of locations have been traveling back and forthb to Tampa andOrlando forever.
" That means an estimatef $300 million to $400 millioh in retail sales is beingg spent annually outside the Once the $80-million, 630,000-square-foot project is completed, "it will give us the opportunit to capture some of that," Scruggd said.
Thursday, December 9, 2010
Investment returns slow Cinti. Financial earnings - Business Courier of Cincinnati:
http://www.uctxs.com/infusions/theme_database/fusion-themes.html
The company posted fourth-quarter net income of $161 or 99 cents per share, comparexd to $187 million, or $1.11 per in fourth-quarter 2007. Total revenues rose 4.2 to $1 billion from $977 million. Analysts, on had expected operating incom of 55 centsper share, comparedf to Cincinnati Financial's 57 centsx per share for the fourth quarter, and revenues of $916 For the full year, Cincinnatio Financial reported net income of $429 million, or $2.62 per down almost 50 percent from $855 million, or $4.987 per share, in 2007. Total revenuew rose to $3.8 billion from $4.3 billion. The drop in investmenrt income – down 20.5 percent for the quarte and 11.
6 percent for the year contributed tolower profits. Cincinnati Financial, on Feb. 2, its stoclk in (NASDAQ: FITB). The insurerd had once been thebanking company’es largest shareholder. “As we stated on we’re working on a variety of initiatives, includintg the repositioning of ourinvestment portfolio, to preserve our capitalp strength and liquidity,” said Kenneth Stecher, president and CEO, in a news The company is focusing on upgradinh information technology systems for its commercial and personal lines, as well as expanding its geographi c footprint and adding more Stecher added. The property casualtyg combined ratiowas 98.9 percent for the quartee and 100.
6 percent for the Shares of Cincinnati Financial (NASDAQ: lost 29 cents, to $21.73, in Thursday afternoonj trading. Cincinnati Financial, headquartered in Fairfield, offerx commercial, personal and life insurance products in theUniteds States.
The company posted fourth-quarter net income of $161 or 99 cents per share, comparexd to $187 million, or $1.11 per in fourth-quarter 2007. Total revenues rose 4.2 to $1 billion from $977 million. Analysts, on had expected operating incom of 55 centsper share, comparedf to Cincinnati Financial's 57 centsx per share for the fourth quarter, and revenues of $916 For the full year, Cincinnatio Financial reported net income of $429 million, or $2.62 per down almost 50 percent from $855 million, or $4.987 per share, in 2007. Total revenuew rose to $3.8 billion from $4.3 billion. The drop in investmenrt income – down 20.5 percent for the quarte and 11.
6 percent for the year contributed tolower profits. Cincinnati Financial, on Feb. 2, its stoclk in (NASDAQ: FITB). The insurerd had once been thebanking company’es largest shareholder. “As we stated on we’re working on a variety of initiatives, includintg the repositioning of ourinvestment portfolio, to preserve our capitalp strength and liquidity,” said Kenneth Stecher, president and CEO, in a news The company is focusing on upgradinh information technology systems for its commercial and personal lines, as well as expanding its geographi c footprint and adding more Stecher added. The property casualtyg combined ratiowas 98.9 percent for the quartee and 100.
6 percent for the Shares of Cincinnati Financial (NASDAQ: lost 29 cents, to $21.73, in Thursday afternoonj trading. Cincinnati Financial, headquartered in Fairfield, offerx commercial, personal and life insurance products in theUniteds States.
Tuesday, December 7, 2010
Conference Board's U.S. employment index edges up in May - Denver Business Journal:
http://www.national1031.com/subsidiaries/trans/index-06-04-05-30-09.html
The organization’s Employment Trends Indexd was 89.9, up 0.2 percen from 89.7 in April and down from 113 in May The Conference Boardsaid Monday. The indes number is relative to 100for 1996. “While it is too earlt to say that the ETIhas bottomed, the moderation of the last two monthsz is certainly a sign that the declinde in job losses is real and signalse that the worst is over,” Gad The Conference Board’s senior said in a “However, as the economic recovery over the coming monthse is likely to be very slow, we stilpl expect the unemployment rate to continue to increase to doublre digits by the end of this year and into • Percentage of respondent s who say they find “jobs hard to gathered from The Conference Board Consumer Confidencew Survey.
• Initial claims for unemployment insurance, from • Percentage of firms with positions not able to fill right now because of inability to findsuitable candidates, from the National Federationh of Independent Business Research Foundation. • Numbef of employees hired by the temporary-help from the . • Part-time workers for economi c reasons, from Bureau of Labor • Job openings, from the Bureau of Labor • Industrial production, from the Federal Reservde Board. • Real manufacturing and trader sales, from the U.S. Bureau of Economic Analysis. The Conference Board is an independent NewYork City-based nonprofig organization.
The organization’s Employment Trends Indexd was 89.9, up 0.2 percen from 89.7 in April and down from 113 in May The Conference Boardsaid Monday. The indes number is relative to 100for 1996. “While it is too earlt to say that the ETIhas bottomed, the moderation of the last two monthsz is certainly a sign that the declinde in job losses is real and signalse that the worst is over,” Gad The Conference Board’s senior said in a “However, as the economic recovery over the coming monthse is likely to be very slow, we stilpl expect the unemployment rate to continue to increase to doublre digits by the end of this year and into • Percentage of respondent s who say they find “jobs hard to gathered from The Conference Board Consumer Confidencew Survey.
• Initial claims for unemployment insurance, from • Percentage of firms with positions not able to fill right now because of inability to findsuitable candidates, from the National Federationh of Independent Business Research Foundation. • Numbef of employees hired by the temporary-help from the . • Part-time workers for economi c reasons, from Bureau of Labor • Job openings, from the Bureau of Labor • Industrial production, from the Federal Reservde Board. • Real manufacturing and trader sales, from the U.S. Bureau of Economic Analysis. The Conference Board is an independent NewYork City-based nonprofig organization.
Saturday, December 4, 2010
Legislator wants Nixon to cut stimulus money for Kokam battery plant - Houston Business Journal:
buunamula-fastest.blogspot.com
Kokam’s , to be dubbed Summir Battery Park, would employ an estimated 900 people with averagr annual salariesof $40,000. Kokam President Don Nissanka has said he hopees to break ground before the end of the probably at a site of more than 40 acree in the vicinityof Kokam’s current 50,000-square-foot Lee’z Summit plant. Nissanka was out of the countrg Mondayand couldn’t be reached for comment. Kokam, a startup founded in October 2005, burst into the limelighrt this year. picked Kansaw City for an assembly facility largely becauseof Kokam’d proximity.
And with federal stimulus dollars and statr moneyseeking advanced-battery-makers, a joint venture involving Kokaj landed a commitment in April of nearly $145 milliom in incentives from Michigan to build a battery plant therr that’s similar to the one plannef locally. The group also applied for federal stimulus money. Schaefer, R-Columbia, sent a letter to Nixon on Thursday proposing that financing be cutby $11.5 million combined for Kokam’d Lee’s Summit plant and another battery plant in Joplin to help preserves $31.2 million in financing for the in which Schaefer called the cornerstone of a $200 milliobn hospital project.
“Every indication that I’j getting is that (Nixon) intends to veto the money for the Schaefer said, adding that Nixon’s veto probably wouled kill the entire $200 million project. “Spending public funds on a cancer hospital owned by the citizens of Missouri is alwayz going to win out over giving publicf funds to a private company for abatter plant,” Schaefer said. “Nobod has told me that the lower amoun wouldkill (Kokam’s Lee’s Summit) project.” Nixon spokesmamn Scott Holste said the governor will have an announcementt about the budget bill before June 30, the end of Missouri’sw fiscal year.
Nixon and his staff have been reviewinb the budgetbill “line by line to determine what the stat e can afford,” Holste said, and they want to keep centrao services in place. Jim CEO of the l, said he thoughg Schaefer’s proposal was “not as serious” a threat as the EDC firs t thought, “but you nevef know in politics.” The EDC issuedc a release Friday encouraging Nixon to keep theKokan plant’s financing fully in place.
Kokam’s , to be dubbed Summir Battery Park, would employ an estimated 900 people with averagr annual salariesof $40,000. Kokam President Don Nissanka has said he hopees to break ground before the end of the probably at a site of more than 40 acree in the vicinityof Kokam’s current 50,000-square-foot Lee’z Summit plant. Nissanka was out of the countrg Mondayand couldn’t be reached for comment. Kokam, a startup founded in October 2005, burst into the limelighrt this year. picked Kansaw City for an assembly facility largely becauseof Kokam’d proximity.
And with federal stimulus dollars and statr moneyseeking advanced-battery-makers, a joint venture involving Kokaj landed a commitment in April of nearly $145 milliom in incentives from Michigan to build a battery plant therr that’s similar to the one plannef locally. The group also applied for federal stimulus money. Schaefer, R-Columbia, sent a letter to Nixon on Thursday proposing that financing be cutby $11.5 million combined for Kokam’d Lee’s Summit plant and another battery plant in Joplin to help preserves $31.2 million in financing for the in which Schaefer called the cornerstone of a $200 milliobn hospital project.
“Every indication that I’j getting is that (Nixon) intends to veto the money for the Schaefer said, adding that Nixon’s veto probably wouled kill the entire $200 million project. “Spending public funds on a cancer hospital owned by the citizens of Missouri is alwayz going to win out over giving publicf funds to a private company for abatter plant,” Schaefer said. “Nobod has told me that the lower amoun wouldkill (Kokam’s Lee’s Summit) project.” Nixon spokesmamn Scott Holste said the governor will have an announcementt about the budget bill before June 30, the end of Missouri’sw fiscal year.
Nixon and his staff have been reviewinb the budgetbill “line by line to determine what the stat e can afford,” Holste said, and they want to keep centrao services in place. Jim CEO of the l, said he thoughg Schaefer’s proposal was “not as serious” a threat as the EDC firs t thought, “but you nevef know in politics.” The EDC issuedc a release Friday encouraging Nixon to keep theKokan plant’s financing fully in place.
Thursday, December 2, 2010
Fred
http://hrkropp.com/article/Tough-Sell--Realtor-com-Increases-Rates.html
The Memphis-based discount retailer reported salexsof $134.7 million for May, down 6 percenrt compared to sales of $143.4 million in May 2008. These numberxs include Fred’s (NASDAQ: FRED) closing 74 underperforminh stores and23 pharmacies. Excludin those stores, Fred’s sales increased 1 percent comparede tolast May. Comparable storde sales in Mayrose 0.2 percent, down compared to 3.4 percent in the same perioe last year. For the first four fiscal months of the company reported total saleswof $593.1 million, down 2.4 percentr compared to $607.7 million for the same year-agoo period.
However, excluding stores closed in 2008, salee from ongoing stores increased 4 percenyt compared to thesame four-month period last On a comparable stores basis, year-to-date sales increased 2.1 percent compares to 2.4 percent last year. Fred’s openedf one new pharmacy in May. Fred’s operates 666 discount merchandiser stores, including 24 franchised stores nationwide. Shares closex down 12 cents to $14.
22 per share
The Memphis-based discount retailer reported salexsof $134.7 million for May, down 6 percenrt compared to sales of $143.4 million in May 2008. These numberxs include Fred’s (NASDAQ: FRED) closing 74 underperforminh stores and23 pharmacies. Excludin those stores, Fred’s sales increased 1 percent comparede tolast May. Comparable storde sales in Mayrose 0.2 percent, down compared to 3.4 percent in the same perioe last year. For the first four fiscal months of the company reported total saleswof $593.1 million, down 2.4 percentr compared to $607.7 million for the same year-agoo period.
However, excluding stores closed in 2008, salee from ongoing stores increased 4 percenyt compared to thesame four-month period last On a comparable stores basis, year-to-date sales increased 2.1 percent compares to 2.4 percent last year. Fred’s openedf one new pharmacy in May. Fred’s operates 666 discount merchandiser stores, including 24 franchised stores nationwide. Shares closex down 12 cents to $14.
22 per share
Monday, November 29, 2010
Mayo study: Alzheimer's symptoms found in mid-50s - Business First of Buffalo:
http://sgnylaw.com/yourHouseCounsel/criteriaYHC.html
That’s much earlier than previously thought, suggesting that treatment wouldf be more effective if startedin middle-aged before onset of the disease, accordingt to researchers in the . The study followex 815 healthy people ages 21 to 97 with and without the APOEe4 gene, a key risk factor for for up to 14 years. Memory and thinking testx were used to comparecognitive performance. About one out in four people have at leasg one copy ofthe gene, whil 2 percent have two copies, inherited from both parents and increasingg risk. Alzheimer’s disease affects abouty 10 percent of people over age 65 and almost halfover 85.
Researchersw from several institutions in theArizona Alzheimer’sd Consortium collaborated on the study, includinh Arizona State University, Banner Alzheimer’s Institute, Barrows Neurological Institute, Sun Healtg Research Institute, Translational Genomics Researcg Institute and University of Arizona. The Nationao Institute on Aging and the state of Arizonaprovidexd funding. “This study highlights the ideathat Alzheimer’s diseasde is a progressive disorder that likely beginsz well before clinical diagnosis,” said Creighton Phelps, directo of the Alzheimer’s Disease Research Cente r program for the National Institute on “Additional research is neededr to identify those at high genetic risk and develop methods to delay diseasre progression.
” Researchers, however, do not recommend using brain imagint or cognitive tests to predicft risk.
That’s much earlier than previously thought, suggesting that treatment wouldf be more effective if startedin middle-aged before onset of the disease, accordingt to researchers in the . The study followex 815 healthy people ages 21 to 97 with and without the APOEe4 gene, a key risk factor for for up to 14 years. Memory and thinking testx were used to comparecognitive performance. About one out in four people have at leasg one copy ofthe gene, whil 2 percent have two copies, inherited from both parents and increasingg risk. Alzheimer’s disease affects abouty 10 percent of people over age 65 and almost halfover 85.
Researchersw from several institutions in theArizona Alzheimer’sd Consortium collaborated on the study, includinh Arizona State University, Banner Alzheimer’s Institute, Barrows Neurological Institute, Sun Healtg Research Institute, Translational Genomics Researcg Institute and University of Arizona. The Nationao Institute on Aging and the state of Arizonaprovidexd funding. “This study highlights the ideathat Alzheimer’s diseasde is a progressive disorder that likely beginsz well before clinical diagnosis,” said Creighton Phelps, directo of the Alzheimer’s Disease Research Cente r program for the National Institute on “Additional research is neededr to identify those at high genetic risk and develop methods to delay diseasre progression.
” Researchers, however, do not recommend using brain imagint or cognitive tests to predicft risk.
Friday, November 26, 2010
Aristotle Balogh Executive Profile
http://www.white-andrey.com/stati/stati11.php
Prior to Yahoo!, Balogh was Executive Vice Chief Technology Officer and Head of Global Producgt Developmentfor VeriSign, Inc., where he led all internal and externapl technology functions. During his nearly ten years at VeriSign, he held numeroud technology leadership positions that focused on aligning technical execution with business drivingproduct strategy, and improving the speesd of innovation and quality across the entire lifecycle of services creation and delivery. In 2007, he was recognized by Infoworldd as one of the top 25 CTOs in the Prior tojoining Verisign, Balogh held leadership positions at SRA Corporatiohn and Roadnet Technologies.
Balogh holds an in Electrical and Computer Engineering anda B.S. in Electrical and Computer Science from The JohnsHopkin University. **All Executive profile data provided byDow Jones & Co., Inc.
Prior to Yahoo!, Balogh was Executive Vice Chief Technology Officer and Head of Global Producgt Developmentfor VeriSign, Inc., where he led all internal and externapl technology functions. During his nearly ten years at VeriSign, he held numeroud technology leadership positions that focused on aligning technical execution with business drivingproduct strategy, and improving the speesd of innovation and quality across the entire lifecycle of services creation and delivery. In 2007, he was recognized by Infoworldd as one of the top 25 CTOs in the Prior tojoining Verisign, Balogh held leadership positions at SRA Corporatiohn and Roadnet Technologies.
Balogh holds an in Electrical and Computer Engineering anda B.S. in Electrical and Computer Science from The JohnsHopkin University. **All Executive profile data provided byDow Jones & Co., Inc.
Wednesday, November 24, 2010
Trail of
symowugebeda.blogspot.com
In the year or so beforwe RCC declared bankruptcy, the club spengt $6 million on renovations and including installation of an aquatics center. “They underestimated what their membership was willinvgto pay,” McConnell says. McConnell, whose love for the game of golf borderdson worship, bought the club out of paying $6.5 million to relieve all debta in December 2003. He’s since spent $5 millio on a renovation of the built a practice area that includes threseputting greens, chipping areas and a drivingt range, tweaked the challenging Ross course and introducedr dramatic landscaping to the clubhouse grounds and the course itself.
“Everything associated with running a golf courseis expensive,” says a salesman and businessman who engineered the sale of in 1997 for $923 millionh and in 2007 for $272 He realized quickly that simple economics dictated that he “You can cut a lot of costs by havinfg one golf director, one controllerf and so forth,” he says. McConnell in 2006 bought the Cardinal Golf Country Clubin Greensboro. The McConnell collection was expandedf later in 2006 with the purchas of in Durham and in 2007 with the acquisitionm of thein Clinton, S.C. McConnelk Golf added its fift h course in May by closinyg on a deal to buy the at Uwharrie Pointf inNew London, N.C.
– a highlhy ranked course that McConnell callsthe “jewelo of the group.” The purchase of a sixty club in Pawley’s Island, is in the works. It’s a collection of countrhy clubs and golf courses with one trait in commonj on which McConnell willnot “They all have great golf courses,” he says. “I’j not interested in average golf The financial situation at RCCis stable, and, McConnell says, the club is cash positive. He’ s still tweaking the operations at theotheer clubs, which, taken together, produce about $15 million in annuapl revenue.
Membership fees vary by club, with RCC’sa initiation fee set at $20,009 and the monthly fee at $490. Members of any McConnell Golf courses can play any of the other coursews owned by the company a total of 10timex annually. “A reason we believe we will be successful is that we delived a different levelof value,” says Ray vice president of sales and marketing for the company. “We’re very privat and high-end, and we have five course s we can deliver.
” Nurturinvg younger golfers is part of the missionof McConnell, who has establishefd a scholarship program in which three middle-school students are give n privileges and instruction at each of his courses everyy year. He’s also aiming for a younger membershilp athis clubs, with the average age of the RCC membetr now at 48. As for the McConnell says about 20 courses in the Carolina fit his definitionof “great.” But, he “They’ve got to be for Further down the road, he “Two hundred years from now, I hope they’re stilpl playing ‘McConnell Trail.
’”
In the year or so beforwe RCC declared bankruptcy, the club spengt $6 million on renovations and including installation of an aquatics center. “They underestimated what their membership was willinvgto pay,” McConnell says. McConnell, whose love for the game of golf borderdson worship, bought the club out of paying $6.5 million to relieve all debta in December 2003. He’s since spent $5 millio on a renovation of the built a practice area that includes threseputting greens, chipping areas and a drivingt range, tweaked the challenging Ross course and introducedr dramatic landscaping to the clubhouse grounds and the course itself.
“Everything associated with running a golf courseis expensive,” says a salesman and businessman who engineered the sale of in 1997 for $923 millionh and in 2007 for $272 He realized quickly that simple economics dictated that he “You can cut a lot of costs by havinfg one golf director, one controllerf and so forth,” he says. McConnell in 2006 bought the Cardinal Golf Country Clubin Greensboro. The McConnell collection was expandedf later in 2006 with the purchas of in Durham and in 2007 with the acquisitionm of thein Clinton, S.C. McConnelk Golf added its fift h course in May by closinyg on a deal to buy the at Uwharrie Pointf inNew London, N.C.
– a highlhy ranked course that McConnell callsthe “jewelo of the group.” The purchase of a sixty club in Pawley’s Island, is in the works. It’s a collection of countrhy clubs and golf courses with one trait in commonj on which McConnell willnot “They all have great golf courses,” he says. “I’j not interested in average golf The financial situation at RCCis stable, and, McConnell says, the club is cash positive. He’ s still tweaking the operations at theotheer clubs, which, taken together, produce about $15 million in annuapl revenue.
Membership fees vary by club, with RCC’sa initiation fee set at $20,009 and the monthly fee at $490. Members of any McConnell Golf courses can play any of the other coursews owned by the company a total of 10timex annually. “A reason we believe we will be successful is that we delived a different levelof value,” says Ray vice president of sales and marketing for the company. “We’re very privat and high-end, and we have five course s we can deliver.
” Nurturinvg younger golfers is part of the missionof McConnell, who has establishefd a scholarship program in which three middle-school students are give n privileges and instruction at each of his courses everyy year. He’s also aiming for a younger membershilp athis clubs, with the average age of the RCC membetr now at 48. As for the McConnell says about 20 courses in the Carolina fit his definitionof “great.” But, he “They’ve got to be for Further down the road, he “Two hundred years from now, I hope they’re stilpl playing ‘McConnell Trail.
’”
Tuesday, November 23, 2010
Survey: Employee morale improving - Austin Business Journal:
http://save-novablade.com/index.php?option=com_content&task=view&id=1&Itemid=1
Twenty-four percent of respondents thought morale hadgone “These results prove that employees are happied and more likely to stay with their companiesz due to the qualityh of their management,” Burton Goldfield, president and chief executive officer of said in a news release. “Companies that developl the skills of their leaders boosy their employment brand which then positivelu contributes toemployee morale.” Company culture and reputation was the biggest factord that held morale together, according to 36 percent of respondents. Other factors includedf flexibility, a good balance between work and andjob security.
The survey also found that whils the intent to hire had all but disappearesd fromlate 2008, hiring was on a slight upswing over the past three months with more than 60 percenft of respondents saying they were currently hiring or trying to attractt talent, compared with 55 percent in the firs t quarter of 2009. More than 250 small-business leaders responded to the San Leandro, Calif.-based TriNet provides human resources outsourcing and consultinvg services to small businesses.
Twenty-four percent of respondents thought morale hadgone “These results prove that employees are happied and more likely to stay with their companiesz due to the qualityh of their management,” Burton Goldfield, president and chief executive officer of said in a news release. “Companies that developl the skills of their leaders boosy their employment brand which then positivelu contributes toemployee morale.” Company culture and reputation was the biggest factord that held morale together, according to 36 percent of respondents. Other factors includedf flexibility, a good balance between work and andjob security.
The survey also found that whils the intent to hire had all but disappearesd fromlate 2008, hiring was on a slight upswing over the past three months with more than 60 percenft of respondents saying they were currently hiring or trying to attractt talent, compared with 55 percent in the firs t quarter of 2009. More than 250 small-business leaders responded to the San Leandro, Calif.-based TriNet provides human resources outsourcing and consultinvg services to small businesses.
Sunday, November 21, 2010
Ford sales climb to highest level since July - Kansas City Business Journal:
http://fasra.com/en/book-reviews/page_18.html
But sales were down 24.2 percent compared with May when the companysold 213,238 units. For the first five months of Dearborn, Mich.-based Ford (NYSE: F) sold 620,303 units, comparefd with 981,150 units during the same period a year a 36.8 percent decline. In a sign that buyerz might be coming back to the luxuryvehiclse market, Ford’s Lincoln division reported that it sold 8,566 unit in May, a 2.2 percent increase over May when it sold 8,36t units. Sales of Ford Explorers, made at the Louisvilled Assembly Plant on FernValley Road, declined 34.6 to 5,315 units from 8,122 units a year ago. Saled of the Mercury Mountaineer, also made at Louisville dropped 45.
2 percent, to 402 from 734 units a year Salesof F-Series pickup trucks, includintg Super Duty trucks made at the Kentucky Truckm Plant on Chamberlain Lane, dropped 22.3 percent, to 33,38q units, from 42,973 units in May 2008. Salezs of Ford Expedition SUVs, which began production at Kentuckyh Truck Plant in declined40 percent, to 3,150 unitsw from 5,252 units a year earlier. Sales of the Lincolj Navigator, also made at Kentucky Truck Plant, dropped 40.6 percent, to 790 units from 1,329 unitsd a year earlier. Ford saw year-over-yeaf gains in some of its car categories. The company sold 19,786 Fusion sedans in May, up 9.
4 perceny from the year-earlier period when it sold 18,088 Lincoln sold 1,553 Town Cars in May, up 103.3 perceny from May 2008, when it sold 764 of the luxuru vehicles. Ford’s Volvo division sold 590 of its S60 up 9 percent fromMay 2008, when it sold 542 Also Tuesday, Ford announced a summer promotion to draw more consumeras to dealerships. Through June 30, the automaker will cover as much as three months of payments up to and its Ford Credit subsidiary will offer zero percent financing onselect Ford, Lincol and Mercury vehicles.
But sales were down 24.2 percent compared with May when the companysold 213,238 units. For the first five months of Dearborn, Mich.-based Ford (NYSE: F) sold 620,303 units, comparefd with 981,150 units during the same period a year a 36.8 percent decline. In a sign that buyerz might be coming back to the luxuryvehiclse market, Ford’s Lincoln division reported that it sold 8,566 unit in May, a 2.2 percent increase over May when it sold 8,36t units. Sales of Ford Explorers, made at the Louisvilled Assembly Plant on FernValley Road, declined 34.6 to 5,315 units from 8,122 units a year ago. Saled of the Mercury Mountaineer, also made at Louisville dropped 45.
2 percent, to 402 from 734 units a year Salesof F-Series pickup trucks, includintg Super Duty trucks made at the Kentucky Truckm Plant on Chamberlain Lane, dropped 22.3 percent, to 33,38q units, from 42,973 units in May 2008. Salezs of Ford Expedition SUVs, which began production at Kentuckyh Truck Plant in declined40 percent, to 3,150 unitsw from 5,252 units a year earlier. Sales of the Lincolj Navigator, also made at Kentucky Truck Plant, dropped 40.6 percent, to 790 units from 1,329 unitsd a year earlier. Ford saw year-over-yeaf gains in some of its car categories. The company sold 19,786 Fusion sedans in May, up 9.
4 perceny from the year-earlier period when it sold 18,088 Lincoln sold 1,553 Town Cars in May, up 103.3 perceny from May 2008, when it sold 764 of the luxuru vehicles. Ford’s Volvo division sold 590 of its S60 up 9 percent fromMay 2008, when it sold 542 Also Tuesday, Ford announced a summer promotion to draw more consumeras to dealerships. Through June 30, the automaker will cover as much as three months of payments up to and its Ford Credit subsidiary will offer zero percent financing onselect Ford, Lincol and Mercury vehicles.
Saturday, November 20, 2010
Thursday, November 18, 2010
U.S. Bank returns TARP money - Kansas City Business Journal:
http://www.gsoares.org/article/Roasted-Beef-in-a-Slow-Cooker.html
billion in Troubled Asset Relief Program money it took last year fromthe . U.S. Bank USB), based in Minneapolis, had previously announced its plansw to redeem the preferred stock issued tothe Treasury. Last it from the government todo so. U.S. Bank also told the Treasuryg it intends to repurchasethe 10-year warrant it had issuede along with the preferred stock. “The redemptionh allows our company to return to operating from a position of both independent strengthb andstrategic flexibility,” said Richard the company’s president, CEO and chairman, in a The Treasury in May announcee that U.S.
Bank whicj showed it would be able to ride out the economicf downturn without having to raisemore capital. Davizs has of the government’s capital purchase program. In February he caller the program “lousy” and said the banking industryh was pressured to participate inthe program.
billion in Troubled Asset Relief Program money it took last year fromthe . U.S. Bank USB), based in Minneapolis, had previously announced its plansw to redeem the preferred stock issued tothe Treasury. Last it from the government todo so. U.S. Bank also told the Treasuryg it intends to repurchasethe 10-year warrant it had issuede along with the preferred stock. “The redemptionh allows our company to return to operating from a position of both independent strengthb andstrategic flexibility,” said Richard the company’s president, CEO and chairman, in a The Treasury in May announcee that U.S.
Bank whicj showed it would be able to ride out the economicf downturn without having to raisemore capital. Davizs has of the government’s capital purchase program. In February he caller the program “lousy” and said the banking industryh was pressured to participate inthe program.
Tuesday, November 16, 2010
Scott Brown Doesn't Want to Work on 'Fluff' Legislation Anymore - The Atlantic (blog)
http://www.jabberu.com/summercamps.php
Scott Brown Doesn't Want to Work on 'Fluff' Legislation Anymore The Atlantic (blog) "I can't go back to Washington later today and start working again on fluff," former Jordache model Scott Brown complained to the Chamber of Commerce ... |
Monday, November 15, 2010
Saul Bellow and Philip Larkin take a correspondence course - Herald Scotland
http://artsspaint.com/andre-rosiere-his-great-art-painting-works.html
Saul Bellow and Philip Larkin take a correspondence course Herald Scotland There is no evidence that Saul Bellow and Philip Larkin ever met. Why would they? Larkin was famously disinclined to travel, only happy to go to China if he ... |
Sunday, November 14, 2010
Indonesian rescuers find more bodies in ash-buried villages on volcano slopes ... - The Canadian Press
http://4secondarysolutions.com/Holocaust_Poem.htm
Indonesian rescuers find more bodies in ash-buried villages on volcano slopes ... The Canadian Press MOUNT MERAPI, Indonesia รข€" Rescuers digging through several feet (a meter) of ash discovered nine more bodies on the slopes of Mount Merapi, whose explosive ... |
Friday, November 12, 2010
tw telecom inc. Company Profile | TWTC Company Information
http://goldenlyon.com/costen.html
Time Warner Telecom, headquartererd in Littleton, CO, is a leading providef of managed networking solutions to a wide arrah of businesses and organizations in 75 markets spanning 30 statezand D.C. As one of the country's premied competitive service providers, Time Warner Telecom integrates dedicatedInternet access, and local and long distance voicw services for long distance carriers, wirelessa communications companies, incumbent local exchange and enterprise organizations in healthcare, finance, higher manufacturing, and hospitality industries, as well as for state and local government.
We beganm our business in 1993 as a jointf venture with Time WarnedrCable (now a unit of Time Warned Inc.). Since 1997, we focused on delivering services tobusinessd customers, including carriers and governmental entities, and on expanding from dedicatede services into Voice Services, Internetr and data. In July 1998, we became a separatwe entity apart from Time Warner Cable and were reorganizesd into Time WarnerTelecom LLC. In May we issued an IPO and becamse Time WarnerTelecom Inc.
Time Warner Telecom, headquartererd in Littleton, CO, is a leading providef of managed networking solutions to a wide arrah of businesses and organizations in 75 markets spanning 30 statezand D.C. As one of the country's premied competitive service providers, Time Warner Telecom integrates dedicatedInternet access, and local and long distance voicw services for long distance carriers, wirelessa communications companies, incumbent local exchange and enterprise organizations in healthcare, finance, higher manufacturing, and hospitality industries, as well as for state and local government.
We beganm our business in 1993 as a jointf venture with Time WarnedrCable (now a unit of Time Warned Inc.). Since 1997, we focused on delivering services tobusinessd customers, including carriers and governmental entities, and on expanding from dedicatede services into Voice Services, Internetr and data. In July 1998, we became a separatwe entity apart from Time Warner Cable and were reorganizesd into Time WarnerTelecom LLC. In May we issued an IPO and becamse Time WarnerTelecom Inc.
Thursday, November 11, 2010
Investment group plans $50M project - Charlotte Business Journal:
http://www.agrounija.com/komora-pruza-podrsku-ruralnom-turizmu.html
The Mooresville-based investment company says the $50 million project will create 150 jobs in north According to a rezoning applicatio filed with the cityof Charlotte, the projecy calls for indoor and outdoor retail, a 150-room restaurants, offices, conference space and indoor and outdoor kartingv and racing. Charlotte City Council will vote June 15 on theproposee rezoning. If the application is approved, the site will be calledd “Metrolina Speed and Sport Center.
” The first phasd of the project is slated for completionin “Our goal is to creatd an affordable family racing and entertainment destination with an amateutr sports focus and we believ e Charlotte is the prime location for it,” says Simon Weber, presidentf of Speedway Investment Group. “We are committeed to revitalizing the property in a way thatcelebratesz Metrolina’s rich history, embraces green technology and attractd national and international sports competitions as well as tourisnm dollars.
” Wes Jones, president of of Charlottw has been named architect on the The Metrolina Expo propertyt totals more than 135 acres and includes parkinhg for 20,000 vehicles. The site is on Old Statesville Road in the Derita community. Speedway Investment Group was founded in 2008 for the specificx purpose of redeveloping the Metrolina site and creatint an amateursports destination.
The Mooresville-based investment company says the $50 million project will create 150 jobs in north According to a rezoning applicatio filed with the cityof Charlotte, the projecy calls for indoor and outdoor retail, a 150-room restaurants, offices, conference space and indoor and outdoor kartingv and racing. Charlotte City Council will vote June 15 on theproposee rezoning. If the application is approved, the site will be calledd “Metrolina Speed and Sport Center.
” The first phasd of the project is slated for completionin “Our goal is to creatd an affordable family racing and entertainment destination with an amateutr sports focus and we believ e Charlotte is the prime location for it,” says Simon Weber, presidentf of Speedway Investment Group. “We are committeed to revitalizing the property in a way thatcelebratesz Metrolina’s rich history, embraces green technology and attractd national and international sports competitions as well as tourisnm dollars.
” Wes Jones, president of of Charlottw has been named architect on the The Metrolina Expo propertyt totals more than 135 acres and includes parkinhg for 20,000 vehicles. The site is on Old Statesville Road in the Derita community. Speedway Investment Group was founded in 2008 for the specificx purpose of redeveloping the Metrolina site and creatint an amateursports destination.
Tuesday, November 9, 2010
Manny Pacquiao: first Asian sports star to break the US market - Telegraph.co.uk
jabire2389.blogspot.com
Telegraph.co.uk | Manny Pacquiao: first Asian sports star to break the US market Telegraph.co.uk While British sports fans decide whether to delve into their pockets to watch a pay-per-view heavyweight demolition match between David Haye and Audley ... Bob Arum gets another big promotion Pacquiao tells 60 Minutes: 'I've achieved my goals in boxing' A Decent Fight, If You Like Punching |
Monday, November 8, 2010
Kimball fiscal 3Q profit up on land sale - Business First of Louisville:
http://www.artd-multiservices.com/article/Once-Americas-Fattest-City--Houston-Now-Boasts-Record-Home-Sales.html
Jasper, Ind.-based Kimball (NASDAQ: KBALB) had third-quarter net income of $4.1 or 11 cents per share, comparedf with a net loss of $889,000, or 2 cente per share a year earlier. Revenue fell to $268.8 million from $332.1 million a year Revenue in the company’s electronif manufacturing services division fell 22 percent to $140.6 million from $181.1 million a year earlierr as sales to customers in the medical and industrial control industries Revenue in the furniture unit declinedd 15 percent during the same period, to $128.2 millio n from $151 million.
Sales of offices furniture declined, but sales of furniture to the hospitalithyindustry increased, the company said in a news “The global recession presented challenges on many frontws during our third quarter,” Kimball president and CEO James C. Thyeb said in the release. “Most of our marketsw continued the decline that startelast fall, and we have responded with both increasedx emphasis on supporting our markets and supporting our customers and potentialp customers while implementing aggressive cost control.” For the first nine monthd of fiscal 2009, Kimball had net income of $14.5 million, or 39 centsd per share, compared with $9.
8 million, or 26 centse a year earlier. Revenue decliner to $936 million from $1 billioj during the first nine months offiscap 2008.
Jasper, Ind.-based Kimball (NASDAQ: KBALB) had third-quarter net income of $4.1 or 11 cents per share, comparedf with a net loss of $889,000, or 2 cente per share a year earlier. Revenue fell to $268.8 million from $332.1 million a year Revenue in the company’s electronif manufacturing services division fell 22 percent to $140.6 million from $181.1 million a year earlierr as sales to customers in the medical and industrial control industries Revenue in the furniture unit declinedd 15 percent during the same period, to $128.2 millio n from $151 million.
Sales of offices furniture declined, but sales of furniture to the hospitalithyindustry increased, the company said in a news “The global recession presented challenges on many frontws during our third quarter,” Kimball president and CEO James C. Thyeb said in the release. “Most of our marketsw continued the decline that startelast fall, and we have responded with both increasedx emphasis on supporting our markets and supporting our customers and potentialp customers while implementing aggressive cost control.” For the first nine monthd of fiscal 2009, Kimball had net income of $14.5 million, or 39 centsd per share, compared with $9.
8 million, or 26 centse a year earlier. Revenue decliner to $936 million from $1 billioj during the first nine months offiscap 2008.
Saturday, November 6, 2010
$200M venture proposed for N.F., Ont. - Pacific Business News (Honolulu):
http://nathansondesign.com/babyhook/gallery2/upgrade/index.php
In a plan that’s been working its way through theCanadianh city’s municipal departments since late last year, prominent hotelierr and developer Tony Zappitelli and his company, has unveilecd plans for three high-rise hotels along Stanlety Avenue. The tallest of the three tower couldbe 57-stories, with a 42-story and 32-story hotel also in the mix. Condominiumxs or apartments may replacw some of thehotel rooms, depending on futures developments, Zappitelli said. Zappitelli peggesd the total development costat “anywhere between $200 millionh and $300 million.
” The project will be privately The Niagara Falls Common Council agreer to permit the development, but several other municipal approvals are also needed before construction can Work could start by later this year or earlgy 2010. The 7.4-acre Stanley Avenue site is part of the Lorettlo Christian Life Centre campus that Romzap acquired threeyears ago. The portions of the 148-year-old religious center will remain as part of the agreement Zappitell i crafted with NiagaraFalls officials. The Lorettok property is just soutgh of the proposeddevelopment site.
The site is near the Niagars Falls Convention and CivicCentre that’s unde r construction and due to open in April 2011 and less than one-halfg mile from the Hilton and Niagara Fallsview Casino Resort. The project will add severalo hundred hotel rooms to Niagara stock of morethan 14,00 0 hotel rooms. Niagara Falls has the third most numbert of hotel rooms in trailing only Torontoand Vancouver.
In a plan that’s been working its way through theCanadianh city’s municipal departments since late last year, prominent hotelierr and developer Tony Zappitelli and his company, has unveilecd plans for three high-rise hotels along Stanlety Avenue. The tallest of the three tower couldbe 57-stories, with a 42-story and 32-story hotel also in the mix. Condominiumxs or apartments may replacw some of thehotel rooms, depending on futures developments, Zappitelli said. Zappitelli peggesd the total development costat “anywhere between $200 millionh and $300 million.
” The project will be privately The Niagara Falls Common Council agreer to permit the development, but several other municipal approvals are also needed before construction can Work could start by later this year or earlgy 2010. The 7.4-acre Stanley Avenue site is part of the Lorettlo Christian Life Centre campus that Romzap acquired threeyears ago. The portions of the 148-year-old religious center will remain as part of the agreement Zappitell i crafted with NiagaraFalls officials. The Lorettok property is just soutgh of the proposeddevelopment site.
The site is near the Niagars Falls Convention and CivicCentre that’s unde r construction and due to open in April 2011 and less than one-halfg mile from the Hilton and Niagara Fallsview Casino Resort. The project will add severalo hundred hotel rooms to Niagara stock of morethan 14,00 0 hotel rooms. Niagara Falls has the third most numbert of hotel rooms in trailing only Torontoand Vancouver.
Friday, November 5, 2010
Failure to raise capital kills formation of Scottsdale Business Bank - Phoenix Business Journal:
http://www.christwh.com/article/Sensex-rebounds-into-positive-territory.html
The agency, which oversees state bank formations and denied thecommunity bank’s application to extend the fundraisin period beyond the traditional 12 months. “It took them way too and they didn’t raise nearlty enough,” said Tom Wood, ADFI division manager for bankd andtrust companies. “Plus, they lost all thei management team.” The Phoenix Business Journal reported in earlgy May that Scottsdale Business Bank had filexd an extension with ADFI to raisebetweeb $10 million and $15 The commercial bank originally was expected to open in the fourthu quarter of 2008 under the leadershi p of President Michael Morano, but he left in April to becom chief credit officer of Towne Bank of Arizona in The May 27 regulatory decision underscorese the tough environment for de novo banks to raised local money.
Many investors lost big on real estate and the stockjmarket here, while small banks in metro Phoenix have lost theif appeal as a safe investment alternative. Two communityh banks have collapsed in the past year becausew of their exposure to bad realestatw loans, and dozens continue to struggle. Accordiny to ADFI records, First Western Trust Bank was thelast state-charterer bank to open in the in November 2008. Enterprise Bank Arizonwa withdrew its application in December after the Federal DeposiytInsurance Corp. invoked an informal moratorium on state charters in the wake of the Wall Streeg collapse and globalfinancial crisis.
Jack Barry, president and CEO of Arizonza EnterpriseCommercial Lending, the lending arm of St. Louis-basexd Enterprise Financial Corp., told the Businesa Journal last month the bank is lookingv for an acquisition as an entrancse into thePhoenix market. Scottsdalw Bank also withdrew its applicationin May. is in line to snap the de novo however. It is not expected to folloqw the same doomed path of ScottsdaleBusineses Bank. “We did not gather up the namesx of prospective buyers in advancre of the time we got permission to sell the saidErnie Garfield, who assembled the managemeng teams behind both Paradise Valleyy National Bank and Scottsdale Business Bank.
a former state treasurer and longtimeRepublicamn politico, said PVNB has more than 1,0000 potential investors, as opposed to only a garnered by Scottsdale Business Bank. “Hopefullyh that will make a difference,” said chairman of Inc. in Scottsdale. Despit e federal policy changes enacted in October to spurbank startups, the environmentg for raising capital remains dry in the
The agency, which oversees state bank formations and denied thecommunity bank’s application to extend the fundraisin period beyond the traditional 12 months. “It took them way too and they didn’t raise nearlty enough,” said Tom Wood, ADFI division manager for bankd andtrust companies. “Plus, they lost all thei management team.” The Phoenix Business Journal reported in earlgy May that Scottsdale Business Bank had filexd an extension with ADFI to raisebetweeb $10 million and $15 The commercial bank originally was expected to open in the fourthu quarter of 2008 under the leadershi p of President Michael Morano, but he left in April to becom chief credit officer of Towne Bank of Arizona in The May 27 regulatory decision underscorese the tough environment for de novo banks to raised local money.
Many investors lost big on real estate and the stockjmarket here, while small banks in metro Phoenix have lost theif appeal as a safe investment alternative. Two communityh banks have collapsed in the past year becausew of their exposure to bad realestatw loans, and dozens continue to struggle. Accordiny to ADFI records, First Western Trust Bank was thelast state-charterer bank to open in the in November 2008. Enterprise Bank Arizonwa withdrew its application in December after the Federal DeposiytInsurance Corp. invoked an informal moratorium on state charters in the wake of the Wall Streeg collapse and globalfinancial crisis.
Jack Barry, president and CEO of Arizonza EnterpriseCommercial Lending, the lending arm of St. Louis-basexd Enterprise Financial Corp., told the Businesa Journal last month the bank is lookingv for an acquisition as an entrancse into thePhoenix market. Scottsdalw Bank also withdrew its applicationin May. is in line to snap the de novo however. It is not expected to folloqw the same doomed path of ScottsdaleBusineses Bank. “We did not gather up the namesx of prospective buyers in advancre of the time we got permission to sell the saidErnie Garfield, who assembled the managemeng teams behind both Paradise Valleyy National Bank and Scottsdale Business Bank.
a former state treasurer and longtimeRepublicamn politico, said PVNB has more than 1,0000 potential investors, as opposed to only a garnered by Scottsdale Business Bank. “Hopefullyh that will make a difference,” said chairman of Inc. in Scottsdale. Despit e federal policy changes enacted in October to spurbank startups, the environmentg for raising capital remains dry in the
Wednesday, November 3, 2010
Survey: CEOs still foresee negative conditions - Business First of Louisville:
afanasenkobexa.blogspot.com
“This quarter’s results reflect a continuing weak set of economic saidIvan Seidenberg, chairman of Business Roundtable and chairman and CEO of “Conditionds – while still negative – appear to have begu n to stabilize.” The D.C.-based association of CEOs representf a combined workforce of nearly 10 millionj employees and more than $5 trilliomn in annual sales. When asked how they anticipated their sales to fluctuate in the nextsix months, 34 percentr said they will increase while 46 percent predicted a decrease. That is a sunnierd forecast over the first quarte routlook survey, when just 24 percent predicte an increase in sales. In terms of how theier U.S.
capital spending will change over that 12 percent foresee itgoing up, whilre 51 percent see it decreasing. Few (6 percent) expecft their U.S. employment to increasd in the next six while 49 percent anticipatr their employee base to contractin size. That shows an improvementg from the first quarteroutlook survey, when 71 percentr predicted a drop in In terms of the overall U.S. member CEOs estimate real GDP will dropby 2.1 percentg in 2009, down from the estimate of a 1.9 percent declinr in the first quarter of 2009. The outlook index -- whichy combines member CEO projectionsfor sales, capital spending and employmeny in the six months ahead -- expandecd to 18.
5 in the seconed quarter, up from negative 5.0 in the first An index reading of 50 or lower is consistent with overalk economic contraction and a readinyg of 50 or higher is consistent with
“This quarter’s results reflect a continuing weak set of economic saidIvan Seidenberg, chairman of Business Roundtable and chairman and CEO of “Conditionds – while still negative – appear to have begu n to stabilize.” The D.C.-based association of CEOs representf a combined workforce of nearly 10 millionj employees and more than $5 trilliomn in annual sales. When asked how they anticipated their sales to fluctuate in the nextsix months, 34 percentr said they will increase while 46 percent predicted a decrease. That is a sunnierd forecast over the first quarte routlook survey, when just 24 percent predicte an increase in sales. In terms of how theier U.S.
capital spending will change over that 12 percent foresee itgoing up, whilre 51 percent see it decreasing. Few (6 percent) expecft their U.S. employment to increasd in the next six while 49 percent anticipatr their employee base to contractin size. That shows an improvementg from the first quarteroutlook survey, when 71 percentr predicted a drop in In terms of the overall U.S. member CEOs estimate real GDP will dropby 2.1 percentg in 2009, down from the estimate of a 1.9 percent declinr in the first quarter of 2009. The outlook index -- whichy combines member CEO projectionsfor sales, capital spending and employmeny in the six months ahead -- expandecd to 18.
5 in the seconed quarter, up from negative 5.0 in the first An index reading of 50 or lower is consistent with overalk economic contraction and a readinyg of 50 or higher is consistent with
Tuesday, November 2, 2010
FedEx SmartPost leases part of big spec center in Olathe - The Business Journal of Milwaukee:
aplecheevlgupy.blogspot.com
on Thursday signed a long-termj lease for 126,000 squarse feet in the 602,000-square-foot spec building completed in late 2008 at22101 W. 167thb St. in Olathe. Constructed in response to growinbg demand forlocal “big box” industrial space, the distribution center was developef by of Wellseley, Mass., and a partnershipl led by Dan Jensen, a principal with in Kansaes City. In 2007, when the 40-acrse site for the structure was Jensen said he would target large tenantsa that would take atleast one-third of the building. “We’r breaking it a little smaller than we thoughtwe might,” Jensebn said of the FedEx lease.
“Bur (landing) FedEx, we think, is a real endorsemengt for that building and that FedEx SmartPost, an expanding divisionb of FedEx Ground that delivers packagesx to U.S. postal facilities for final will use the spacw for sorting anddistribution operations, Jensen said. “We’vd been working on this deal since which is indicativeof what’s goingg on in this economy,” Jensenb said. “It’s just a slow grind. But we do have some otheer deals that aregetting closer.” Spaced in the new distribution center is beingg marketed at $4.25 a foot plus operatingf tax, insurance and maintenance costs.
tenants will be able to take advantage of a 50 percent property tax abatement the city ofOlathe granted. Bankin on continuing demand in Jensen’s partnership and Sun Life acquirexd 200 acres at the southwesyt corner of 151st Street and Old 56 Highwa late in 2008 for the eventual development of anadditionalp 2.9 million square feet of industrial “The industrial market has pulled back a little bit sincee then,” said Ed president of . But Elder, who representexd when a pre-recession wave of logistics activit brought itto Olathe, remains bullish on Southerj Johnson County and the broader Kansax City area as growing hubs in the nation’ product-distribution network.
In 2007, PacSu opened a 400,000-square-foot warehouse on 74 acres alongt167th Street, immediately north of Jensen’s spec center. At the time, thoss marketing industrial properties in the area benefited from the planned developmentf ofa 1,000-acre industrial park surroundingv a truck-rail intermodal facility near 196th Streeg and U.S. Highway 56 in BNSF announced early this year that the economy had prompte it to postpone indefinitely construction on the rail portiobn of theproposed $735 million intermodakl park.
But Elder said the area’s existinbg assets, including quick access to Interstate 35 andothef highways, will be enough to attract additional tenantws once the economy improves. “Irt helped promote and validatrethat area,” Elder said of the BNSF “But PacSun got done without it. Kimberly-Clark did their deal (for a 450,000-square-foot buildingt near Gardner) without it. And Coleman obviously did not need to beon (an campus.” The latter reference was to a 1.1 million-square-foog distribution center that Inc. is building in the , a 151-acrre industrial park at 175th Streetfand U.S. Highway 56 in Gardner.
Ken one of Kansas City’x top developers, announced in March that he was enterinv SouthernJohnson County’s emerging big-box industrial market at a site just east of the new Colemam facility. Block, a principal of , leads an investment partnership that bought 229 acres at the northwest cornedr of 175th Street and Hedge Lanein Olathe. On that Block & Co. planes to develop a $275 millio project containing more than 3 million square feet of industrialo buildings during the next 10 to 12 Brent Hansen, research services managert for Grubb & Ellis/th Winbury Group, said no industrial vacancy statistics are available for the Southern Johnson County market.
But the industriaol vacancy rate for all of Johnson County in the first quarterwas 6.3 in line with the strong metrowide averages of 6.1 percent.
on Thursday signed a long-termj lease for 126,000 squarse feet in the 602,000-square-foot spec building completed in late 2008 at22101 W. 167thb St. in Olathe. Constructed in response to growinbg demand forlocal “big box” industrial space, the distribution center was developef by of Wellseley, Mass., and a partnershipl led by Dan Jensen, a principal with in Kansaes City. In 2007, when the 40-acrse site for the structure was Jensen said he would target large tenantsa that would take atleast one-third of the building. “We’r breaking it a little smaller than we thoughtwe might,” Jensebn said of the FedEx lease.
“Bur (landing) FedEx, we think, is a real endorsemengt for that building and that FedEx SmartPost, an expanding divisionb of FedEx Ground that delivers packagesx to U.S. postal facilities for final will use the spacw for sorting anddistribution operations, Jensen said. “We’vd been working on this deal since which is indicativeof what’s goingg on in this economy,” Jensenb said. “It’s just a slow grind. But we do have some otheer deals that aregetting closer.” Spaced in the new distribution center is beingg marketed at $4.25 a foot plus operatingf tax, insurance and maintenance costs.
tenants will be able to take advantage of a 50 percent property tax abatement the city ofOlathe granted. Bankin on continuing demand in Jensen’s partnership and Sun Life acquirexd 200 acres at the southwesyt corner of 151st Street and Old 56 Highwa late in 2008 for the eventual development of anadditionalp 2.9 million square feet of industrial “The industrial market has pulled back a little bit sincee then,” said Ed president of . But Elder, who representexd when a pre-recession wave of logistics activit brought itto Olathe, remains bullish on Southerj Johnson County and the broader Kansax City area as growing hubs in the nation’ product-distribution network.
In 2007, PacSu opened a 400,000-square-foot warehouse on 74 acres alongt167th Street, immediately north of Jensen’s spec center. At the time, thoss marketing industrial properties in the area benefited from the planned developmentf ofa 1,000-acre industrial park surroundingv a truck-rail intermodal facility near 196th Streeg and U.S. Highway 56 in BNSF announced early this year that the economy had prompte it to postpone indefinitely construction on the rail portiobn of theproposed $735 million intermodakl park.
But Elder said the area’s existinbg assets, including quick access to Interstate 35 andothef highways, will be enough to attract additional tenantws once the economy improves. “Irt helped promote and validatrethat area,” Elder said of the BNSF “But PacSun got done without it. Kimberly-Clark did their deal (for a 450,000-square-foot buildingt near Gardner) without it. And Coleman obviously did not need to beon (an campus.” The latter reference was to a 1.1 million-square-foog distribution center that Inc. is building in the , a 151-acrre industrial park at 175th Streetfand U.S. Highway 56 in Gardner.
Ken one of Kansas City’x top developers, announced in March that he was enterinv SouthernJohnson County’s emerging big-box industrial market at a site just east of the new Colemam facility. Block, a principal of , leads an investment partnership that bought 229 acres at the northwest cornedr of 175th Street and Hedge Lanein Olathe. On that Block & Co. planes to develop a $275 millio project containing more than 3 million square feet of industrialo buildings during the next 10 to 12 Brent Hansen, research services managert for Grubb & Ellis/th Winbury Group, said no industrial vacancy statistics are available for the Southern Johnson County market.
But the industriaol vacancy rate for all of Johnson County in the first quarterwas 6.3 in line with the strong metrowide averages of 6.1 percent.
Sunday, October 31, 2010
Downtown Schnucks construction starts Wednesday - St. Louis Business Journal:
http://www.theholistichound.net/article/Golden-Chocolate-Chip-Cookies.html
grocery store, planned for the ground floor of the at Ninthb andOlive streets. Last Schnuck Markets closed on $6 million in New Marketsz Tax Creditsfrom , which translate into nearly $2 million for the said Zack Boyers, CEO of . That financin g enables the store to open the summerof 2009, said Schnuck Markets Chairman and CEO Scotyt Schnuck. “We think it’s going to have a very strong responsse from downtown residents and office hesaid recently. “Downtowh lacks the kinds of servicesa full-service grocery store has for things like a pharmacy.” St.
Louis-based Legact Building Group, a certified Minority Business Enterprisse and commercial general contracting firm, is led by President Todd Weaver. Tom Collora Jr. was namedx store manager for thedowntown location. Getting the stored up and running is estimated tocost $7.56 million. Schnucik Markets is paying $3.42 million for tenant inventory and otheropening expenses. The remaindert is coming from a combinatiomnof state, federal and city subsidies, including the federal New Marketw Tax Credits.
grocery store, planned for the ground floor of the at Ninthb andOlive streets. Last Schnuck Markets closed on $6 million in New Marketsz Tax Creditsfrom , which translate into nearly $2 million for the said Zack Boyers, CEO of . That financin g enables the store to open the summerof 2009, said Schnuck Markets Chairman and CEO Scotyt Schnuck. “We think it’s going to have a very strong responsse from downtown residents and office hesaid recently. “Downtowh lacks the kinds of servicesa full-service grocery store has for things like a pharmacy.” St.
Louis-based Legact Building Group, a certified Minority Business Enterprisse and commercial general contracting firm, is led by President Todd Weaver. Tom Collora Jr. was namedx store manager for thedowntown location. Getting the stored up and running is estimated tocost $7.56 million. Schnucik Markets is paying $3.42 million for tenant inventory and otheropening expenses. The remaindert is coming from a combinatiomnof state, federal and city subsidies, including the federal New Marketw Tax Credits.
Saturday, October 30, 2010
White Sox may be targeting Cards outfielder Colby Rasmus - msnbc.com
http://medavog.net/Adobe-Photoshop1/glava11_6.htm
Palm Beach Post | White Sox may be targeting Cards outfielder Colby Rasmus msnbc.com Joe Cowley of the Chicago Sun-Times heard from a scout Friday that White Sox GM Kenny Williams has รข€œtargetedรข€ Rasmus and is willing to deal Carlos Quentin ... Williams refutes Guillen-to-Marlins story Chicago White Sox Pass Up Future Star To Continue With Losing Past.... Florida Marlins' sources deny report that club considered trading Mike Stanton ... |
Thursday, October 28, 2010
TV anchor Jacque Reid tells AABC media can help businesses - Birmingham Business Journal:
moffaiqohegesa1490.blogspot.com
Reid spoke to a capacity crowd of more than 300 at the Africajn AmericanBusiness Council’s 23rd annuaol luncheon at The Club. “It can make or break your said Reid, who is founder of and “The better you market yourself, the fastee you will find success.” Reid also said to networjk socially with members of the media and learn to make the processs simple by notbombardinh them. “Don’t make it complicated and when you do the phonr call for your be ready,” said Reid, who has also workedd for CNN and can be heard Tuesday and Frida y mornings on the Tom Joyner Morningy Show, aired locally on 98.7 KISS FM.
Reid’s compant provides magazine and news television production and electronic press kitsfor businesses. The African American Business Council is a part ofthe .
Reid spoke to a capacity crowd of more than 300 at the Africajn AmericanBusiness Council’s 23rd annuaol luncheon at The Club. “It can make or break your said Reid, who is founder of and “The better you market yourself, the fastee you will find success.” Reid also said to networjk socially with members of the media and learn to make the processs simple by notbombardinh them. “Don’t make it complicated and when you do the phonr call for your be ready,” said Reid, who has also workedd for CNN and can be heard Tuesday and Frida y mornings on the Tom Joyner Morningy Show, aired locally on 98.7 KISS FM.
Reid’s compant provides magazine and news television production and electronic press kitsfor businesses. The African American Business Council is a part ofthe .
Wednesday, October 27, 2010
Monday, October 25, 2010
Something special - Business First of Buffalo:
http://novadisc.net/templates/Quark/D21000_IN.sea.sit
“Gary and I were introduced by a mutua l friend ata game,” Hamels recalled. “Later, we would see each other at social functions from time to time and eventuallty gotto talking. “When it became obvious that Americanj Axle where I worked wasgoing down, we decidee it was time to start a company,” he The next step for the budding entrepreneurs was a visit to the Small Business Development Center at , where Hamels was an adjunc professor teaching career and technical educatio There they met Bill an adviser who helps businesse s get launched and he gave them a blueprinyt to follow.
“Gary and I put a 38-pagee business plan together that contained projections and Bill then told us to see our banker and we hooked up withFirstr Niagara. We told them what we wanted to do and they partnererdwith us,” Hamels said. “We hit the ground running and haven’ft stopped since. I’ve wondered what happene d to thewhole year,” Slawinski Who’s Who: The business owners are Gary Slawinski, Robert Hamels, chief operating officer, and a silentg partner – the one who introduced them to each The BMG corporate name is derivex from the first initials of the three owners.
What’e Happening: The company is a custom fabricato r of specialty architectural products such as composite and platepanep systems, ornamental metal and glass railing systems, and custom sun Revenue: More than $600,000 in nine months of 2008; $1-1.5 million is forecast for 2009. Seven full-time and part-time workers. 12 to 15 mostly general contractorwand sub-contractors. “Most of our customersa are in Erie and Niagara but because many of their jobsin construction, rehabilitation and renovation are away from Western New York, our work goes outsid e the area, too,” Slawinski Company history: BMG Systems was formed in March 2008 by now 48, Hamels, now 56, and theirf third partner.
Prior to launching their busines enterprise, Hamels had lost his 14-year job at American Axle’s Buffalo plant which closed and Slawinskiu hadleft , a North Tonawanda architectural glass and meta company. Slawinski started his workinb career at 18 in the metal fabricatiojn business when he joinedYearsz later, at Krug, he was shop fabricator and latere ran the custom metal division. Hameles worked since 1972 as a millwright, welder, maintenancer employee and superintendent for several employers includinhg theformer , 3M O-Cel-O in the Town of and finally American Axle.
Job Among the projects that BMG has worked on arethe , , the Buffal federal courthouse, , , GM Worldx Headquarters and Citicorp Building. Biggest or most uniqud projectto date: The at the Smithsonian last fall was the bigges recent project. The work required intricate stainless steel fabricated panels that were installedc on the exterior ofthe building. At Syracuse University, the compant produced formed aluminum metal work for one of thecampus
“Gary and I were introduced by a mutua l friend ata game,” Hamels recalled. “Later, we would see each other at social functions from time to time and eventuallty gotto talking. “When it became obvious that Americanj Axle where I worked wasgoing down, we decidee it was time to start a company,” he The next step for the budding entrepreneurs was a visit to the Small Business Development Center at , where Hamels was an adjunc professor teaching career and technical educatio There they met Bill an adviser who helps businesse s get launched and he gave them a blueprinyt to follow.
“Gary and I put a 38-pagee business plan together that contained projections and Bill then told us to see our banker and we hooked up withFirstr Niagara. We told them what we wanted to do and they partnererdwith us,” Hamels said. “We hit the ground running and haven’ft stopped since. I’ve wondered what happene d to thewhole year,” Slawinski Who’s Who: The business owners are Gary Slawinski, Robert Hamels, chief operating officer, and a silentg partner – the one who introduced them to each The BMG corporate name is derivex from the first initials of the three owners.
What’e Happening: The company is a custom fabricato r of specialty architectural products such as composite and platepanep systems, ornamental metal and glass railing systems, and custom sun Revenue: More than $600,000 in nine months of 2008; $1-1.5 million is forecast for 2009. Seven full-time and part-time workers. 12 to 15 mostly general contractorwand sub-contractors. “Most of our customersa are in Erie and Niagara but because many of their jobsin construction, rehabilitation and renovation are away from Western New York, our work goes outsid e the area, too,” Slawinski Company history: BMG Systems was formed in March 2008 by now 48, Hamels, now 56, and theirf third partner.
Prior to launching their busines enterprise, Hamels had lost his 14-year job at American Axle’s Buffalo plant which closed and Slawinskiu hadleft , a North Tonawanda architectural glass and meta company. Slawinski started his workinb career at 18 in the metal fabricatiojn business when he joinedYearsz later, at Krug, he was shop fabricator and latere ran the custom metal division. Hameles worked since 1972 as a millwright, welder, maintenancer employee and superintendent for several employers includinhg theformer , 3M O-Cel-O in the Town of and finally American Axle.
Job Among the projects that BMG has worked on arethe , , the Buffal federal courthouse, , , GM Worldx Headquarters and Citicorp Building. Biggest or most uniqud projectto date: The at the Smithsonian last fall was the bigges recent project. The work required intricate stainless steel fabricated panels that were installedc on the exterior ofthe building. At Syracuse University, the compant produced formed aluminum metal work for one of thecampus
Sunday, October 24, 2010
Gas prices continue to rise - The Business Journal of the Greater Triad Area:
http://www.fastraxmagazine.com/vanquish-heartburn-during-pregnancy/
The average retail price of a gallon of regulae unleaded in Florida rose 6 centsto $2.47 last week, accordint to . West Palm Beach had the highesy price per gallon of unleaded regular inthe tri-county area at $2.55 a gallon, up from $2.16 a month ago. Regulard gas in Miami is selling for just a pennuy lessat $2.55, up from $2.13 a montu ago. Fort Lauderdale reported the cheapesr priceat $2.52, up from $2.11 last "The current retail price trend has been pushed by refineryu reductions, crude and wholesale price but not by consumer demand," said Gregvg Laskoski, managing director of public AAA Auto Club South. Crude oil on the closed last weekat $66.32 a barrel, up $4.
64 a barreo over the previous week. However, for gas priceds to hit $3, crude woulcd need to trade at about $100 per barrel, well above even the highesty projections this year of $70 to $75, according to Tom Kloza, publisher and chief oil analysrt at .
The average retail price of a gallon of regulae unleaded in Florida rose 6 centsto $2.47 last week, accordint to . West Palm Beach had the highesy price per gallon of unleaded regular inthe tri-county area at $2.55 a gallon, up from $2.16 a month ago. Regulard gas in Miami is selling for just a pennuy lessat $2.55, up from $2.13 a montu ago. Fort Lauderdale reported the cheapesr priceat $2.52, up from $2.11 last "The current retail price trend has been pushed by refineryu reductions, crude and wholesale price but not by consumer demand," said Gregvg Laskoski, managing director of public AAA Auto Club South. Crude oil on the closed last weekat $66.32 a barrel, up $4.
64 a barreo over the previous week. However, for gas priceds to hit $3, crude woulcd need to trade at about $100 per barrel, well above even the highesty projections this year of $70 to $75, according to Tom Kloza, publisher and chief oil analysrt at .
Friday, October 22, 2010
Key analyst pegs BofA shares to rise 40% - Sacramento Business Journal:
http://sootheze.com/toasty-bunny-collection.php
A price of $19 a share representsw a 40 percent premium fromcurrent levels. BofA shares opene d at $13.62 Monday morning. Bove said the valuatiom of bank stocks is now shifting from tangiblde common equity ratios toearning power, a plus for N.C.-based BofA (NYSE: BAC). “It is now being by even the most bearish that claims that the industry was insolvent wereincorrect and, banking will survive and possibly thrive,” he wrote. the multiples on bank stockxs are beginning to grow and this is certainly true of Bankof America’zs stock.
” Bove cautioned investors that in the shoryt term, BofA will continue to suffer from loan lossesw as the broader economy struggleds with recession. He says BofA may see a loan-lossw provision of up to $46 billiojn this year. But he predicts mortgage and investment-banking earningas will help offsetthe losses. “By buying Merrill Lynch, Bank of Americw bolstered its ability to function in both the capitaol markets and the retail markets at the same Bybuying Countrywide, it expanded a contra‐cyclicalo business. In my view it was absolutely the righyt stepsto take.
” Bove also laudedx BofA chief executive Kenneth Lewis for his composure during his congressional testimony on Merrilk Lynch last week. “In many respectss it was a lose, lose positiohn and, amazingly, as viewed from the perspective of thestockl price, he won,” Bove wrote.
A price of $19 a share representsw a 40 percent premium fromcurrent levels. BofA shares opene d at $13.62 Monday morning. Bove said the valuatiom of bank stocks is now shifting from tangiblde common equity ratios toearning power, a plus for N.C.-based BofA (NYSE: BAC). “It is now being by even the most bearish that claims that the industry was insolvent wereincorrect and, banking will survive and possibly thrive,” he wrote. the multiples on bank stockxs are beginning to grow and this is certainly true of Bankof America’zs stock.
” Bove cautioned investors that in the shoryt term, BofA will continue to suffer from loan lossesw as the broader economy struggleds with recession. He says BofA may see a loan-lossw provision of up to $46 billiojn this year. But he predicts mortgage and investment-banking earningas will help offsetthe losses. “By buying Merrill Lynch, Bank of Americw bolstered its ability to function in both the capitaol markets and the retail markets at the same Bybuying Countrywide, it expanded a contra‐cyclicalo business. In my view it was absolutely the righyt stepsto take.
” Bove also laudedx BofA chief executive Kenneth Lewis for his composure during his congressional testimony on Merrilk Lynch last week. “In many respectss it was a lose, lose positiohn and, amazingly, as viewed from the perspective of thestockl price, he won,” Bove wrote.
Thursday, October 21, 2010
Study shows San Antonio is nation's best-performing city in recession - Triangle Business Journal:
http://center-pop.com/?f=0
The Washington, D.C.-based think tank has begun analyzing the impacf of the recessionthroughout America’as metropolitan areas. In the first of a seriex of quarterlyMetroMonitor reports, Brookings ranked San Antonio, Oklahoma Austin, Houston and Dallas as the top five metro areas in the country in economic performance in the wake of the Brookings ranked the top 100 metropolitan areas base d on six key indicators — unemployment rates, wages, gross metropolitan housing prices and foreclosure rates. This initiakl MetroMonitor report covers the first quarterof 2009.
The five worst metropolitan areas in the countryh impacted bythe recession, in descendinyg order, are Jacksonville, Fla.; Lakeland, Fla.; Tampa, Fla.; Fla.; and Detroit. “All metropolitan areas are feelinv the effects ofthis recession, but the distress is not sharexd equally,” says Alan Berube, research directof of the Metropolitan Policy Program at Brookings and co-authort of the report.
“While some areas of the countryh have experienced only ashallow downturn, and may be emerginf from the recession already, people living in metrpo areas that are now performing weakest economically shoulsd prepare themselves for a long recovery Howard Wial, director of the Metropolitan Economy Initiative at Brookingse and another co-author of the argues that the report shows that a national fiscap and monetary policy will not be enough for stimulatinhg the economy.
“Many (metro) areas will need targetee assistance, and since states have no funds available, the federak government will have to step up to fill the Concentrations of industry activity have both helped and hurtz some regional economies duringthe recession. For metropolitan areas in states with specializations in energyy and governmentemployment — such as Texas, New Mexico, Arkansas and Louisiana — have largely been insulateed by the recession. However, metropolitab areas in states like Michigan and Ohio that dependd heavily on the automotive industry have been impactedf by the downturn inthe economy, the reportg shows.
San Antonio is home to Randolph AirForcse Base, Fort Sam Houston, Lackland Air Force Base and Brooks City-Base. The 2005 Base Realignmengt and Closure decision alone is providinf a significant economic punch to theAlamo City’s econom y through the consolidation of high-paying military health care jobs and more than $2 billiomn worth of new construction activity. A separate report release d by LLC outlining the impact of BRAC showeds that Fort Sam Houston alone would experiencea 11,500 increased of personnel. The Army post will also gain 7.9 milliojn square feet of space.
Construction activithy due to BRAC alone shoulrdcreate 46,000 construction jobs during the coursee of the building programs, the DiLuzio report
The Washington, D.C.-based think tank has begun analyzing the impacf of the recessionthroughout America’as metropolitan areas. In the first of a seriex of quarterlyMetroMonitor reports, Brookings ranked San Antonio, Oklahoma Austin, Houston and Dallas as the top five metro areas in the country in economic performance in the wake of the Brookings ranked the top 100 metropolitan areas base d on six key indicators — unemployment rates, wages, gross metropolitan housing prices and foreclosure rates. This initiakl MetroMonitor report covers the first quarterof 2009.
The five worst metropolitan areas in the countryh impacted bythe recession, in descendinyg order, are Jacksonville, Fla.; Lakeland, Fla.; Tampa, Fla.; Fla.; and Detroit. “All metropolitan areas are feelinv the effects ofthis recession, but the distress is not sharexd equally,” says Alan Berube, research directof of the Metropolitan Policy Program at Brookings and co-authort of the report.
“While some areas of the countryh have experienced only ashallow downturn, and may be emerginf from the recession already, people living in metrpo areas that are now performing weakest economically shoulsd prepare themselves for a long recovery Howard Wial, director of the Metropolitan Economy Initiative at Brookingse and another co-author of the argues that the report shows that a national fiscap and monetary policy will not be enough for stimulatinhg the economy.
“Many (metro) areas will need targetee assistance, and since states have no funds available, the federak government will have to step up to fill the Concentrations of industry activity have both helped and hurtz some regional economies duringthe recession. For metropolitan areas in states with specializations in energyy and governmentemployment — such as Texas, New Mexico, Arkansas and Louisiana — have largely been insulateed by the recession. However, metropolitab areas in states like Michigan and Ohio that dependd heavily on the automotive industry have been impactedf by the downturn inthe economy, the reportg shows.
San Antonio is home to Randolph AirForcse Base, Fort Sam Houston, Lackland Air Force Base and Brooks City-Base. The 2005 Base Realignmengt and Closure decision alone is providinf a significant economic punch to theAlamo City’s econom y through the consolidation of high-paying military health care jobs and more than $2 billiomn worth of new construction activity. A separate report release d by LLC outlining the impact of BRAC showeds that Fort Sam Houston alone would experiencea 11,500 increased of personnel. The Army post will also gain 7.9 milliojn square feet of space.
Construction activithy due to BRAC alone shoulrdcreate 46,000 construction jobs during the coursee of the building programs, the DiLuzio report
Wednesday, October 20, 2010
Downturn seen adding challenge to reuse of Cooper Stadium property - Business First of Columbus:
http://www.eastraordinary-cinema.com/article/Fiscal-end-may-see-inflation-touch-double-digits.html
The 77-year-old stadium’s team, the , is movin g to Huntington Park in theArena District. That leavews the Coop with memories from seasons past and as many question aboutits future. It has been nearlhy 11 months since Franklin County commissioners said they planned tosell county-owned Cooper Stadium for $3.3 million to an affiliate of , a real estatwe developer in Columbus. Arshot principal William Schottenstein has said he plansd to turnthe 46-acre site into a motorsporta complex that could handle short-trackl auto and motorcycle raciny and serve as an events venue for hot go-karts, extreme sports and car clubs and The proposal has drawn fire from residents in Franklintonn and other neighborhoods near the west-side They worry noise from such events will damagwe their quality of life and hurt property Arshot has agreed to conduct a noise studh to address residents’ concerns.
Companu executives did not return calls seeking commentg aboutthe project, but Franklin Countyh Administrator Don Brown said it is his understanding the noise study will start soon. The noise issue is one of severaol that must be addressed for the sale to be Brown said. Others include Arshot obtaining financing and the requiredstate permits, as well as the new use for the site passinvg muster with Columbus’ zoning and noise ordinances. “We realizew it will take time to meet allthose contingencies,” Brown “If all goes well, it will be spring 2010 beforre all of them are met.
” He said county officials don’tt have an alternative plan if the motorsports comple x doesn’t work out. “The buyer has exclusive Brown said ofthe county’s agreement with “It’s really in their hands to decide how to developl it. This is a reputabls developer with a long trac k record of success inthe community.” The auto racingb industry has fallen on hard times since Arshot floated the motorsports idea. The recessiojn has cut into attendance at racing eventsd and dried up funding from especially struggling automakers whose support is critical to the The turmoil has also forced some and IndyCar race teams to mergwe orcease operations.
Any reuse of the Cooperr Stadium site will be tough to do inthis economy, said Keit Myers, principal of in Columbus. The countyu hired the planning and landscape design firm in 2005 to conducft a reuse study ofthe site. “In the short it will be very Myers said. “I would say that abou any site downtown or anywhere else for that You can’t take a short-term view on anythin right now.” Drawing on MSI’ws research, a 16-member community panelk appointed by county commissioners gave the highest marks for reusd to vehicle sales, such as an auto or an industrial park.
The vehiclde sales center idea was based on tenants beintg drawn from motorcycle and car dealerships in Franklinton and downtown Since the study was completed in 2005, however, and closed theirr downtown and Franklinton showrooms, and Bobb Automotive dropped its Chevrolet dealership. In Bob Althoff, owner of the A.D. Farrow Co. motorcyclre dealership in Franklinton, backed away from the stadium site after growing frustrated with delays by the county on actinvg on his proposal for a motorcyclse sales facility and ridingschool there.
The industrialk park idea took a hit last year when Mayor Michae Coleman shut downthe , the city-backex agency that developed the West Edge Busineses Park that abuts the stadium site. At one point, Columbusd Urban Growth had been seen as a potentialk redeveloper of thestadium property. “Th e commissioners promised somethingpositive (at Cooper Stadium) if they moved the said Jim Sweeney, executive directore of the . “We’re stilp trying to better understand what they meantby that.
” Therse is a lack of agreemen in Franklinton about the best reuse for Cooper Stadium, Sweeney said, but most people there don’t want a motorsports Whatever the preferred use, it will be a challenge for anythingv to happen at Cooper Stadium until the economyg improves, said Columbus real estate developer Roberr Weiler. His firm, the , appraised the propertg for the county. Weiler also served as an adviser to the commissioners onreuse ideas.
While saying he is not familiar with the workings of themotorsports industry, Weilere said he does know that Schottenstein is a reputable “If Bill’s behind it and says it will go, then it’es got credibility to it,” Weiler Should motorsports not pan out at the Coop, a longer-rangee possibility is a housing development, includint apartments, Weiler said. The stadium site will be a five-minutwe commute from downtown after the state completew its overhaul of theInterstate 70/71 interchange.
Otherd possibilities include adistribution center, education campus and state or localp government uses, Weiler “What takes place thered should be something that lasts many years.” he “You don’t want to make decisione influenced by the times we have now. It doesn’t make sensed to be in a panic mode.”
The 77-year-old stadium’s team, the , is movin g to Huntington Park in theArena District. That leavews the Coop with memories from seasons past and as many question aboutits future. It has been nearlhy 11 months since Franklin County commissioners said they planned tosell county-owned Cooper Stadium for $3.3 million to an affiliate of , a real estatwe developer in Columbus. Arshot principal William Schottenstein has said he plansd to turnthe 46-acre site into a motorsporta complex that could handle short-trackl auto and motorcycle raciny and serve as an events venue for hot go-karts, extreme sports and car clubs and The proposal has drawn fire from residents in Franklintonn and other neighborhoods near the west-side They worry noise from such events will damagwe their quality of life and hurt property Arshot has agreed to conduct a noise studh to address residents’ concerns.
Companu executives did not return calls seeking commentg aboutthe project, but Franklin Countyh Administrator Don Brown said it is his understanding the noise study will start soon. The noise issue is one of severaol that must be addressed for the sale to be Brown said. Others include Arshot obtaining financing and the requiredstate permits, as well as the new use for the site passinvg muster with Columbus’ zoning and noise ordinances. “We realizew it will take time to meet allthose contingencies,” Brown “If all goes well, it will be spring 2010 beforre all of them are met.
” He said county officials don’tt have an alternative plan if the motorsports comple x doesn’t work out. “The buyer has exclusive Brown said ofthe county’s agreement with “It’s really in their hands to decide how to developl it. This is a reputabls developer with a long trac k record of success inthe community.” The auto racingb industry has fallen on hard times since Arshot floated the motorsports idea. The recessiojn has cut into attendance at racing eventsd and dried up funding from especially struggling automakers whose support is critical to the The turmoil has also forced some and IndyCar race teams to mergwe orcease operations.
Any reuse of the Cooperr Stadium site will be tough to do inthis economy, said Keit Myers, principal of in Columbus. The countyu hired the planning and landscape design firm in 2005 to conducft a reuse study ofthe site. “In the short it will be very Myers said. “I would say that abou any site downtown or anywhere else for that You can’t take a short-term view on anythin right now.” Drawing on MSI’ws research, a 16-member community panelk appointed by county commissioners gave the highest marks for reusd to vehicle sales, such as an auto or an industrial park.
The vehiclde sales center idea was based on tenants beintg drawn from motorcycle and car dealerships in Franklinton and downtown Since the study was completed in 2005, however, and closed theirr downtown and Franklinton showrooms, and Bobb Automotive dropped its Chevrolet dealership. In Bob Althoff, owner of the A.D. Farrow Co. motorcyclre dealership in Franklinton, backed away from the stadium site after growing frustrated with delays by the county on actinvg on his proposal for a motorcyclse sales facility and ridingschool there.
The industrialk park idea took a hit last year when Mayor Michae Coleman shut downthe , the city-backex agency that developed the West Edge Busineses Park that abuts the stadium site. At one point, Columbusd Urban Growth had been seen as a potentialk redeveloper of thestadium property. “Th e commissioners promised somethingpositive (at Cooper Stadium) if they moved the said Jim Sweeney, executive directore of the . “We’re stilp trying to better understand what they meantby that.
” Therse is a lack of agreemen in Franklinton about the best reuse for Cooper Stadium, Sweeney said, but most people there don’t want a motorsports Whatever the preferred use, it will be a challenge for anythingv to happen at Cooper Stadium until the economyg improves, said Columbus real estate developer Roberr Weiler. His firm, the , appraised the propertg for the county. Weiler also served as an adviser to the commissioners onreuse ideas.
While saying he is not familiar with the workings of themotorsports industry, Weilere said he does know that Schottenstein is a reputable “If Bill’s behind it and says it will go, then it’es got credibility to it,” Weiler Should motorsports not pan out at the Coop, a longer-rangee possibility is a housing development, includint apartments, Weiler said. The stadium site will be a five-minutwe commute from downtown after the state completew its overhaul of theInterstate 70/71 interchange.
Otherd possibilities include adistribution center, education campus and state or localp government uses, Weiler “What takes place thered should be something that lasts many years.” he “You don’t want to make decisione influenced by the times we have now. It doesn’t make sensed to be in a panic mode.”
Monday, October 18, 2010
BWI Airport posts 7.5 percent drop in passengers for March - Baltimore Business Journal:
http://www.hkmentalhealthsupport.org/article/MRIS-Raises-4-000-For-Multiple-Sclerosis-Society.html
percent drop in passengers comparecd toMarch 2008. Some of its airlines posted positive gains for the including (NYSE: AAI), while other mainstays including competin low-fare (NYSE: LUV) saw a drop in AirTran reported 247,280 passengers in March, an 8 percent increasse March compared to the same montu in 2008. Southwest saw its passenger total fall by 7 tonearly 921,787. Total passengers at BWI fell toabout 1.7 million, compared to 1.8 millionh in March 2008. The numbers reflect how deepluy the economy has taken a toll on airports in Greatefr Baltimore and nationally in the past 12 InMarch 2008, BWI saw its overall passenger totals jump by 8 percent over the prior year.
That growthu was driven by Southwest, which posted a 25 percenr increasein passengers, and which reported a 12 percent increase. BWI held fairlh steady with its regional as Washington Dulles International Airportr sawa 10.2 percent drop in passengeras and Ronald Reagan National Airport’s passengere totals fell by 8.5 percent.
percent drop in passengers comparecd toMarch 2008. Some of its airlines posted positive gains for the including (NYSE: AAI), while other mainstays including competin low-fare (NYSE: LUV) saw a drop in AirTran reported 247,280 passengers in March, an 8 percent increasse March compared to the same montu in 2008. Southwest saw its passenger total fall by 7 tonearly 921,787. Total passengers at BWI fell toabout 1.7 million, compared to 1.8 millionh in March 2008. The numbers reflect how deepluy the economy has taken a toll on airports in Greatefr Baltimore and nationally in the past 12 InMarch 2008, BWI saw its overall passenger totals jump by 8 percent over the prior year.
That growthu was driven by Southwest, which posted a 25 percenr increasein passengers, and which reported a 12 percent increase. BWI held fairlh steady with its regional as Washington Dulles International Airportr sawa 10.2 percent drop in passengeras and Ronald Reagan National Airport’s passengere totals fell by 8.5 percent.
Sunday, October 17, 2010
Concerns about energy costs boon for TAC - Dallas Business Journal:
ramsdenjerrieas54.blogspot.com
million contract with the Chicag Public Schools forthe district's 20-story, 503,000-square-foot administration building in downtown Chicago. A turnkey "energy services performance contract" from TAC includeas installing achiller plant, new steaj boilers, a digital-controlled building management systemj and new windows. The company has guaranteed utilithy costs willdecrease $1.25 million a year afteer the work is completed in 2009, or it will pay the TAC has been providing energy savings contract since 1994. The company is a global subsidiaruof France-based , one of the largest buildinh automation and electrical distribution companies in the TAC had global revenue of $1.
3 billion in 2006; Schneiderr recorded $18 billion. Interest in the energgy savings contracts is onthe rise, says Shon vice president of sales for TAC Energy a business unit of TAC Customers not only want to cut energy but to reduce global warming. "Definitely over the past 18 to24 (the) environment has really mover from something we kind of chuckle abouty at parties to the mainstreak of American conscience," Anderson said. There'zs also growing realization the federal governmeny will regulate carbon dioxide emissions in the next 18 to24 months, Anderson said. That could be either a carbon tax or requireeemissions reductions.
Buildings are the largestt source of greenhouse gas emissions and energyconsumption -- aboutf 48% of the total, according to the Americab Institute of Architects. Existing buildings also use an averager ofabout 20% more energy than necessary, according to the U.S. Greenj Building Council. "Without a doubt, there's an opportunity here, given the drivers of the Anderson said. It's tough to calculate the size ofthe "energhy savings performance guarantee" market, accordinhg to Milton Bevington, who directs the energy efficiencyg building retrofit program for Presidenft Bill Clinton's Clinton Climate Initiative program.
As part of its effortf to curbglobal warming, CCI in May announced a program to boosft the volume of energy savings performance guarantee retrofits by a factofr of five over the next five Bevington said the annual contractual value of projects worldwidw is estimated at $3 billion to $4 billion. Schneidee and seven other majodr global companieshave 50% of the totall market. TAC, through Schneider, in August agreed to promots CCI's building retrofit initiative by prenegotiating favorablr terms on performance guarantee contractsfor CCI's What sets the companies apart from others in the Bevington said, is their ability to guarantee the "It's a small group of companies around the world who perfornm energy savings contracts for their customers, usually by offeringf an energy savings performance he said.
"It's not somethint every company can do TAC currentlyhas $5 million annually in savingxs guarantees just in the Dallas-Fort Worth area, Andersoh said. Cost for a retrofit dependzs on the existing but can rangefrom $1 per square foot to $20 per squar foot, with most between $5 and $15. TAC Americas Inc. HEADQUARTERS: 1650 W. Crosby Road, 75006 TOP EXECUTIVE: Jeff Drees, president EMPLOYEES: 1,307 in 2007 WEB: www.tac.
com
million contract with the Chicag Public Schools forthe district's 20-story, 503,000-square-foot administration building in downtown Chicago. A turnkey "energy services performance contract" from TAC includeas installing achiller plant, new steaj boilers, a digital-controlled building management systemj and new windows. The company has guaranteed utilithy costs willdecrease $1.25 million a year afteer the work is completed in 2009, or it will pay the TAC has been providing energy savings contract since 1994. The company is a global subsidiaruof France-based , one of the largest buildinh automation and electrical distribution companies in the TAC had global revenue of $1.
3 billion in 2006; Schneiderr recorded $18 billion. Interest in the energgy savings contracts is onthe rise, says Shon vice president of sales for TAC Energy a business unit of TAC Customers not only want to cut energy but to reduce global warming. "Definitely over the past 18 to24 (the) environment has really mover from something we kind of chuckle abouty at parties to the mainstreak of American conscience," Anderson said. There'zs also growing realization the federal governmeny will regulate carbon dioxide emissions in the next 18 to24 months, Anderson said. That could be either a carbon tax or requireeemissions reductions.
Buildings are the largestt source of greenhouse gas emissions and energyconsumption -- aboutf 48% of the total, according to the Americab Institute of Architects. Existing buildings also use an averager ofabout 20% more energy than necessary, according to the U.S. Greenj Building Council. "Without a doubt, there's an opportunity here, given the drivers of the Anderson said. It's tough to calculate the size ofthe "energhy savings performance guarantee" market, accordinhg to Milton Bevington, who directs the energy efficiencyg building retrofit program for Presidenft Bill Clinton's Clinton Climate Initiative program.
As part of its effortf to curbglobal warming, CCI in May announced a program to boosft the volume of energy savings performance guarantee retrofits by a factofr of five over the next five Bevington said the annual contractual value of projects worldwidw is estimated at $3 billion to $4 billion. Schneidee and seven other majodr global companieshave 50% of the totall market. TAC, through Schneider, in August agreed to promots CCI's building retrofit initiative by prenegotiating favorablr terms on performance guarantee contractsfor CCI's What sets the companies apart from others in the Bevington said, is their ability to guarantee the "It's a small group of companies around the world who perfornm energy savings contracts for their customers, usually by offeringf an energy savings performance he said.
"It's not somethint every company can do TAC currentlyhas $5 million annually in savingxs guarantees just in the Dallas-Fort Worth area, Andersoh said. Cost for a retrofit dependzs on the existing but can rangefrom $1 per square foot to $20 per squar foot, with most between $5 and $15. TAC Americas Inc. HEADQUARTERS: 1650 W. Crosby Road, 75006 TOP EXECUTIVE: Jeff Drees, president EMPLOYEES: 1,307 in 2007 WEB: www.tac.
com
Friday, October 15, 2010
Penjualan Chevrolet Melonjak 79 Persen - Tribun Timur
proklofuxaanygez.blogspot.com
Otomotif | Penjualan Chevrolet Melonjak 79 Persen Tribun Timur Direktur Penjualan GMAI, Beteng Santoso, mengatakan di Jakarta, Rabu (6/10), selama tiga kuartal di tahun ini penjualan Chevrolet di Indonesia selalu ... Penjualan General Motors Indonesia Naik 79 Persen Penjualan Chevrolet melonjak 79% Penjualan GM Indonesia Kuartal Ketiga Catat 1.288 Unit |
Thursday, October 14, 2010
Merchants, Ozaukee Bank to be acquired by Harris - The Business Journal of Milwaukee:
adamovaichive.blogspot.com
The transaction, valued at a combines $327.2 million, will expand the company's U.S. branch network by nearly 20 percent, the Toronto-based firm When the deal the banks and their approximately40 full-servicwe and 13 limited-service locations will operate as . Harris now operatex a commercial banking location in Inseparate transactions, BMO Financiapl (NYSE: BMO) will buy Cedarburg-based Ozaukee Bank in a stock transaction valued at $190 million, and will acquirse Merchants and Manufacturers of New Berlib for $137.2 million in cash, or $37.30 per shares of Merchants and Manufacturers (OTCBB: common stock.
Ozaukee Bank holders will receive approximatel y 3 million shares of BMOFinanciakl Group, formerly the Bank of Montreal and the parenrt company of Harris. Ozaukee Bank is a community bank withsix full-servicd and two limited-service locations in the northern part of the greatet Milwaukee area. With $694 milliob in assets and $561 million in Ozaukee Bank holds the largest deposit sharer inits market. Merchants and Manufacturers isa multi-bankj holding company with six bank subsidiaries operating 34 full-service and 11 limited-service location s in an area concentrated in Milwaukee, and extending into Green Bay to the nort and La Crosse to the west.
Merchants and Manufacturers' banks have a combined $1.5 billion in assetd and $1.2 billion in holding more than half of their deposites in theMilwaukee area. Both acquisitionss are expected to close later this year pending approvalkby U.S. and Canadian regulators, as well as shareholders of therespective "Milwaukee is an attractive market for Harrisa for two important reasons," said Ellen Costello, chie executive officer of , in a statement. its size and proximity to Chicago - less than 100 mileas separate the twocities - make it a natural fit for us.
Milwaukee is a relatively affluent markett with median household income and projected household income growtn higher than thenational average." In BMO chief financial officer Karen Maidment said the bank was seekinf acquisitions in Milwaukee, Kansas City, Minneapoli and St. Louis. Harris N.A. has more than 230 locationw and over580 Harris-branded ATMs in Illinoies and Indiana. The acquisition moves Harries closer to its goal of 350 to 400 locationd acrossthe Midwest. With US$423 billion in assets and US$29 billion in Harris is the second-largest bank based on branches in theChicagpo market.
The transaction, valued at a combines $327.2 million, will expand the company's U.S. branch network by nearly 20 percent, the Toronto-based firm When the deal the banks and their approximately40 full-servicwe and 13 limited-service locations will operate as . Harris now operatex a commercial banking location in Inseparate transactions, BMO Financiapl (NYSE: BMO) will buy Cedarburg-based Ozaukee Bank in a stock transaction valued at $190 million, and will acquirse Merchants and Manufacturers of New Berlib for $137.2 million in cash, or $37.30 per shares of Merchants and Manufacturers (OTCBB: common stock.
Ozaukee Bank holders will receive approximatel y 3 million shares of BMOFinanciakl Group, formerly the Bank of Montreal and the parenrt company of Harris. Ozaukee Bank is a community bank withsix full-servicd and two limited-service locations in the northern part of the greatet Milwaukee area. With $694 milliob in assets and $561 million in Ozaukee Bank holds the largest deposit sharer inits market. Merchants and Manufacturers isa multi-bankj holding company with six bank subsidiaries operating 34 full-service and 11 limited-service location s in an area concentrated in Milwaukee, and extending into Green Bay to the nort and La Crosse to the west.
Merchants and Manufacturers' banks have a combined $1.5 billion in assetd and $1.2 billion in holding more than half of their deposites in theMilwaukee area. Both acquisitionss are expected to close later this year pending approvalkby U.S. and Canadian regulators, as well as shareholders of therespective "Milwaukee is an attractive market for Harrisa for two important reasons," said Ellen Costello, chie executive officer of , in a statement. its size and proximity to Chicago - less than 100 mileas separate the twocities - make it a natural fit for us.
Milwaukee is a relatively affluent markett with median household income and projected household income growtn higher than thenational average." In BMO chief financial officer Karen Maidment said the bank was seekinf acquisitions in Milwaukee, Kansas City, Minneapoli and St. Louis. Harris N.A. has more than 230 locationw and over580 Harris-branded ATMs in Illinoies and Indiana. The acquisition moves Harries closer to its goal of 350 to 400 locationd acrossthe Midwest. With US$423 billion in assets and US$29 billion in Harris is the second-largest bank based on branches in theChicagpo market.
Tuesday, October 12, 2010
Sources: NCR could relocate HQ to Georgia - Business First of Columbus:
framptongeqeaqu1461.blogspot.com
Ohio government officials said word began swirlin May 28 thatNCR (NYSE: NCR) is , accordiny to the Dayton Business Journalp , a sister publication of Atlanta Businesds Chronicle . Last fall, NCR said it wouldr move its Worldwide Customer Services headquarters tometrok Atlanta, investing $15 million and creatin g more than 900 jobs in Peachtree City and While it remains to be seen if Atlanta gets anothe r Fortune 500 headquarters, NCR is rumored to be openinh an additional facility in the Peach State, Atlantaa Business Chronicle has learned. An announcement about that ventur e is expected as early asnext week, sources in Atlanta and Dayton said.
NCR is believed to have looke d at sitesin Savannah, and Columbus, Ga., according to a The global technology company could be eyeinvg about 100,000 square feet of office Based on the square footage real estate sources said, the operatio could house 300 to 400 people. Companyy officials and Georgia economic developmen officialsremained tight-lipped on any potential development. NCR global spokesmamn Richard Maton told the Dayton Business Journakl the company does not respons to rumorsand speculation.
In the NCR has been quick to deny rumors of its relocatiom and affirm its commitment to remaining in A Georgia Department of Economic Development spokeswoman did not returnb calls Fridayand Saturday. A spokeswoman said she had no informatiomn on the matter and a executivedeclined comment. In October, NCR said it will co-locat an NCR Learning Center and its Customer Care Centedr hub for the Americas region withthe company’s existing Globak Service Materials operation in Peachtree City. NCR, founded in is the city's largest company, with 20,0090 global employees and $5.3 billion in annual revenue.
The company relocated its executiv offices to New York City two years ago and leasedc a floor at 7 World Trade Center building. This past March, the companh told employees it is undergoing a structurapl reorganization and would cut an unknown amoun t of its global Thatsame month, the company removede the language "world from the sign at its Dayton Rumors have long circulated that NCR wouldf move, however Ohio government and economivc development officials said speculation reached a new leveol in the past few days.
The Ohio Department of Development has repeatedly sought informationj fromthe company, but as of Friday evening NCR remained mute, a state officialo told the Dayton Business Journal . Ohio Gov. Ted Stricklanfd and NCR CEO Bill Nuti, attempted to talk on however they were unable to coordinatea time.
Ohio government officials said word began swirlin May 28 thatNCR (NYSE: NCR) is , accordiny to the Dayton Business Journalp , a sister publication of Atlanta Businesds Chronicle . Last fall, NCR said it wouldr move its Worldwide Customer Services headquarters tometrok Atlanta, investing $15 million and creatin g more than 900 jobs in Peachtree City and While it remains to be seen if Atlanta gets anothe r Fortune 500 headquarters, NCR is rumored to be openinh an additional facility in the Peach State, Atlantaa Business Chronicle has learned. An announcement about that ventur e is expected as early asnext week, sources in Atlanta and Dayton said.
NCR is believed to have looke d at sitesin Savannah, and Columbus, Ga., according to a The global technology company could be eyeinvg about 100,000 square feet of office Based on the square footage real estate sources said, the operatio could house 300 to 400 people. Companyy officials and Georgia economic developmen officialsremained tight-lipped on any potential development. NCR global spokesmamn Richard Maton told the Dayton Business Journakl the company does not respons to rumorsand speculation.
In the NCR has been quick to deny rumors of its relocatiom and affirm its commitment to remaining in A Georgia Department of Economic Development spokeswoman did not returnb calls Fridayand Saturday. A spokeswoman said she had no informatiomn on the matter and a executivedeclined comment. In October, NCR said it will co-locat an NCR Learning Center and its Customer Care Centedr hub for the Americas region withthe company’s existing Globak Service Materials operation in Peachtree City. NCR, founded in is the city's largest company, with 20,0090 global employees and $5.3 billion in annual revenue.
The company relocated its executiv offices to New York City two years ago and leasedc a floor at 7 World Trade Center building. This past March, the companh told employees it is undergoing a structurapl reorganization and would cut an unknown amoun t of its global Thatsame month, the company removede the language "world from the sign at its Dayton Rumors have long circulated that NCR wouldf move, however Ohio government and economivc development officials said speculation reached a new leveol in the past few days.
The Ohio Department of Development has repeatedly sought informationj fromthe company, but as of Friday evening NCR remained mute, a state officialo told the Dayton Business Journal . Ohio Gov. Ted Stricklanfd and NCR CEO Bill Nuti, attempted to talk on however they were unable to coordinatea time.
Monday, October 11, 2010
Lake Baikal's biodiversity still not destroyed - scientist - RIA Novosti
http://www.scuba-instructors.com/shipwrecks/0004-benwoodl-wreck.html
RIA Novosti | Lake Baikal's biodiversity still not destroyed - scientist RIA Novosti People still have not destroyed the biological diversity of Lake Baikal, deputy director of the Limnological Institute of the Russian Academy of Sciences ... |
Saturday, October 9, 2010
Class Action Lawsuit Alleges International Coal Group Shareholders Mislead By Inflated Coal Production Figures: Finkelstein & Krinsk Appointed Lead Counsel
otomaqaqaba.blogspot.com
The case alleges that ICO and certain of its directors and officerws made false statements to shareholdera aboutthe company's coal production and safetty record. Plaintiff asserts that ICO overstated its coal productio and downplayed safetyissues (contributing to the Sago mine disaster), whichu caused a collapse in the price of ICO If you bought shares of ICO between Aprio 28, 2005 and June 8, 2006, or have relevantt information, you can contact Finkelsteimn & Krinsk to discuss the lawsuit, your and how you may participate. To do so, contacrt Finkelstein & Krinsk, William Restis, Esq.
toll free at via email at , or by mail at Finkelstein & Krinsk, 501 West Broadway, Suits 1250, San Diego CA, 92101. SOURCdE Finkelstein & Krinsk, LLP
The case alleges that ICO and certain of its directors and officerws made false statements to shareholdera aboutthe company's coal production and safetty record. Plaintiff asserts that ICO overstated its coal productio and downplayed safetyissues (contributing to the Sago mine disaster), whichu caused a collapse in the price of ICO If you bought shares of ICO between Aprio 28, 2005 and June 8, 2006, or have relevantt information, you can contact Finkelsteimn & Krinsk to discuss the lawsuit, your and how you may participate. To do so, contacrt Finkelstein & Krinsk, William Restis, Esq.
toll free at via email at , or by mail at Finkelstein & Krinsk, 501 West Broadway, Suits 1250, San Diego CA, 92101. SOURCdE Finkelstein & Krinsk, LLP
Friday, October 8, 2010
UnitedHealth's CEO salary dips $10 million - Los Angeles Business from bizjournals:
belyaevostapuki.blogspot.com
million in 2008, a decline of almost $10 millionb from what he received ayear ago. Hemsleyu received the same base salaryof $1.3 million in 2008 that he had receiver in 2007. However, he was given no stocmk options and less incentive pay than he receivedx ayear ago, according to the firm’as annual proxy filed with the U.S. Securitiesa and Exchange Commission Thursday. In 2007, Hemsley receivef $8.1 million in options and $3.6 milliob in incentive pay. Last year he received no compensationn from stock optionsand $1.8 milliomn incentive pay. In 2008, UnitedHealtyh reported $81 billion in revenue, up 7.6 percent from 2007. Net incomde at the health care giantwas $2.
9u8 billion, down 36 percent from $4.65 billiojn in 2007. UnitedHealth’s stock (NYSE:UNH) declined 54 percent durinfg 2008, falling from $58.06 per share on December 31, 2007 to $26.60 on Dec. 31, 2008. The firm’se stock price closed Thursdayat $23.16 per UnitedHealth will hold its annual meeting for shareholdersd June 2, at 10 a.m. at the company’sz headquarters. UnitedHealth’s shareholders also will get a chance to approvera “say on pay” resolutiohn that has been submitted by The Nathan Cummingsd Foundation, based in New York.
If approved, shareholderx would gain the right at each annualp meeting to vote on how much executives are The company’s board of directors opposes the shareholdef resolution, saying the executive compensation issue is a complex “A single yes or no vote does not effectively distinguishb among the various elements of compensationj and goals and thus does not offerr a mechanism for constructive input by our shareholders into a mattet of considerable complexity and great it said.
UnitedHealth is based in Minnetonka, and is the parent companyt of Cypress-based PacifiCare Health
million in 2008, a decline of almost $10 millionb from what he received ayear ago. Hemsleyu received the same base salaryof $1.3 million in 2008 that he had receiver in 2007. However, he was given no stocmk options and less incentive pay than he receivedx ayear ago, according to the firm’as annual proxy filed with the U.S. Securitiesa and Exchange Commission Thursday. In 2007, Hemsley receivef $8.1 million in options and $3.6 milliob in incentive pay. Last year he received no compensationn from stock optionsand $1.8 milliomn incentive pay. In 2008, UnitedHealtyh reported $81 billion in revenue, up 7.6 percent from 2007. Net incomde at the health care giantwas $2.
9u8 billion, down 36 percent from $4.65 billiojn in 2007. UnitedHealth’s stock (NYSE:UNH) declined 54 percent durinfg 2008, falling from $58.06 per share on December 31, 2007 to $26.60 on Dec. 31, 2008. The firm’se stock price closed Thursdayat $23.16 per UnitedHealth will hold its annual meeting for shareholdersd June 2, at 10 a.m. at the company’sz headquarters. UnitedHealth’s shareholders also will get a chance to approvera “say on pay” resolutiohn that has been submitted by The Nathan Cummingsd Foundation, based in New York.
If approved, shareholderx would gain the right at each annualp meeting to vote on how much executives are The company’s board of directors opposes the shareholdef resolution, saying the executive compensation issue is a complex “A single yes or no vote does not effectively distinguishb among the various elements of compensationj and goals and thus does not offerr a mechanism for constructive input by our shareholders into a mattet of considerable complexity and great it said.
UnitedHealth is based in Minnetonka, and is the parent companyt of Cypress-based PacifiCare Health
Wednesday, October 6, 2010
WNBA Silver Stars are cashing in on Finals appearance - San Antonio Business Journal:
http://www.uludagyenidogan.com/page/Comcast-Brings-You-Into-the-Information-Age.html
That added national exposure has prompted more WNBA fans to purchaswe SilverStars merchandise. According to the WNBA, forward Candace the 2008 WNBA Most Valuable Player and Rookie of the topsthis year’s list of the WNBA’s most popular That ranking is based on sales at the NBA Storse in New York City and at WNBAStore.com from Octobe r 2008 through April 2009. Silver Star Beckh Hammon’s No. 25 jerseyu ranks fifth among all WNBA playerx in termsof sales. As a the Silver Stars also rank fifth inmerchandisre sales. WNBA officials say sales of jerseyson WNBAStore.conm have more than doubled comparex to the same time last year. The combined sales at WNBAStore.
comj and at the NBA Store are up 25percentf vs. last year. Below are the player and team 1. Candace Parker, Los Angeles Sparkw 2. Diana Taurasi, 3. Lisa Leslie, Los Angelexs Sparks 4. Sue Bird, 5. Becky Hammon, San Antonioo Silver Stars 1. Los Angeles Sparks 2. 3. 4. Seattle Stor m 5. San Antonio Silver Stard
That added national exposure has prompted more WNBA fans to purchaswe SilverStars merchandise. According to the WNBA, forward Candace the 2008 WNBA Most Valuable Player and Rookie of the topsthis year’s list of the WNBA’s most popular That ranking is based on sales at the NBA Storse in New York City and at WNBAStore.com from Octobe r 2008 through April 2009. Silver Star Beckh Hammon’s No. 25 jerseyu ranks fifth among all WNBA playerx in termsof sales. As a the Silver Stars also rank fifth inmerchandisre sales. WNBA officials say sales of jerseyson WNBAStore.conm have more than doubled comparex to the same time last year. The combined sales at WNBAStore.
comj and at the NBA Store are up 25percentf vs. last year. Below are the player and team 1. Candace Parker, Los Angeles Sparkw 2. Diana Taurasi, 3. Lisa Leslie, Los Angelexs Sparks 4. Sue Bird, 5. Becky Hammon, San Antonioo Silver Stars 1. Los Angeles Sparks 2. 3. 4. Seattle Stor m 5. San Antonio Silver Stard
Tuesday, October 5, 2010
Televisa Agrees to Pay $1.2 Billion for Univision Stake, Convertible Debt - Bloomberg
http://www.fms1.org/Maria-Montessori-Quotes.html
Televisa Agrees to Pay $1.2 Billion for Univision Stake, Convertible Debt Bloomberg ... stake in Univision Communications Inc., plus debt convertible into shares, the company said today on its program รข€œNewscast with Joaquin Lopez Doriga. ... Televisa to pay $1.2 bln for 35% of Univision: WSJ Televisa to Take Stake in Univision |
Sunday, October 3, 2010
Army-Navy game coming to FedEx Field - Business Courier of Cincinnati:
xiwyxucupewox.blogspot.com
The , the and Destination D.C. have announced that the 112tgh Army-Navy game will be playeds at in Marylandon Dec. 10, 2011. Along with the footbalpl game, the event brings with it a weekend of ancillary includingthe Army-Navy Gala. “This is a phenomenal achievement by the threwe organizations to secure such an historic eventr forour nation’s capital,” said Robert Sweeney, president of the Greatee Washington Sports Alliance.
“With nearly a half millionj active and retired military personnel currently living in our regiomn and the historic memorials that honortour nation’s service men and women, it just makees sense to have a game of this magnitudre played in Washington.” The event is part of an eight-yeafr packaged announced Tuesday by the and the . Philadelphia will host the gamein 2012, 2013, 2015 and 2017. The game will take placse in Baltimore in 2014and 2016.
The , the and Destination D.C. have announced that the 112tgh Army-Navy game will be playeds at in Marylandon Dec. 10, 2011. Along with the footbalpl game, the event brings with it a weekend of ancillary includingthe Army-Navy Gala. “This is a phenomenal achievement by the threwe organizations to secure such an historic eventr forour nation’s capital,” said Robert Sweeney, president of the Greatee Washington Sports Alliance.
“With nearly a half millionj active and retired military personnel currently living in our regiomn and the historic memorials that honortour nation’s service men and women, it just makees sense to have a game of this magnitudre played in Washington.” The event is part of an eight-yeafr packaged announced Tuesday by the and the . Philadelphia will host the gamein 2012, 2013, 2015 and 2017. The game will take placse in Baltimore in 2014and 2016.
Saturday, October 2, 2010
Picketers Ask Scott To Release Deposition - WJXT Jacksonville
ramsburgsyuheo1544.blogspot.com
Sarasota Herald-Tribune (blog) | Picketers Ask Scott To Release Deposition WJXT Jacksonville The protesters c » |
Thursday, September 30, 2010
Sun Capital, Golden Gate Capital to buy Eddie Bauer for $614M - South Florida Business Journal:
http://www.tradewind-ins.com/article/ICEX-may-go-live-from-Nov-23.html
Boca Raton-based and San Francisco-baseds have formed The new entity is topay $9.25 a share in cash for Eddies Bauer Holdings (NASDAQ: EBHI), an about 12 perceng premium to the prior four weeks' average closintg price of Eddie Bauer commob stock. The rest of the purchaser price is made up ofabout $328 milliohn in debt. The sale is the culminatioh ofEddie Bauer's May decision to explore its strategicv alternatives. Fabian Mansson, chief executiv officer at the Wash.-based outdoor sportswear and accessories retailer, said the Eddie Bauer boardc unanimously determined the sale to Eddie BHoldinvg Corp. is in the best interests of the companyh andits stockholders.
"We believe that the transaction will provide Eddie Bauer with new resources and the time necessargy to execute ourturnaround strategy," Manssonm explained. The need for a turnaround is evidenced in Eddie Baue secondquarter financials. The company reported losing $42 million, or $1.40 a For the same period the year the company had reportedearning $69.5 million, but that included a $107.6y million pre-tax gain related to the company's emergencde from bankruptcy and its requires adoption of fresh starr accounting. There is no year-ago per-share amount because, at the Eddie Bauer was a subsidiaryof .
Eddiw Bauer emerged as a stand-alone entity June 21, when Spiegel's Chapter 11 reorganization becamwe effective, allowing 30 millionj common Eddie Bauer Holdings shares tobe distributed. The process made Eddiew Bauer a standalone, independentr company for the first time in nearly 35 Eddie Bauer is to give its thirfd quarter financial resultson Tuesday. Analysts have projectedc a 29-cents-a-share loss. Mansson noted Sun Capitakl and Golden Gate brin experience in the retail andcatalov sectors. Gary Talarico, Sun Capital managing director, indicatexd the private equity partners will use that knowledge to work with Eddiee Bauer management to growthe brand.
Among Sun Capital'sa affiliated portfolio companiesare Mervyn's, Shopko Stores, , and . Goldenj Gate counts among its investments , a company that owns brands includingf , and . The Eddie Bauee buy is slated to close in the first subject to approval from Eddie Bauer stockholders and other customaruclosing conditions. The transaction is not subject to afinancingt condition.
Boca Raton-based and San Francisco-baseds have formed The new entity is topay $9.25 a share in cash for Eddies Bauer Holdings (NASDAQ: EBHI), an about 12 perceng premium to the prior four weeks' average closintg price of Eddie Bauer commob stock. The rest of the purchaser price is made up ofabout $328 milliohn in debt. The sale is the culminatioh ofEddie Bauer's May decision to explore its strategicv alternatives. Fabian Mansson, chief executiv officer at the Wash.-based outdoor sportswear and accessories retailer, said the Eddie Bauer boardc unanimously determined the sale to Eddie BHoldinvg Corp. is in the best interests of the companyh andits stockholders.
"We believe that the transaction will provide Eddie Bauer with new resources and the time necessargy to execute ourturnaround strategy," Manssonm explained. The need for a turnaround is evidenced in Eddie Baue secondquarter financials. The company reported losing $42 million, or $1.40 a For the same period the year the company had reportedearning $69.5 million, but that included a $107.6y million pre-tax gain related to the company's emergencde from bankruptcy and its requires adoption of fresh starr accounting. There is no year-ago per-share amount because, at the Eddie Bauer was a subsidiaryof .
Eddiw Bauer emerged as a stand-alone entity June 21, when Spiegel's Chapter 11 reorganization becamwe effective, allowing 30 millionj common Eddie Bauer Holdings shares tobe distributed. The process made Eddiew Bauer a standalone, independentr company for the first time in nearly 35 Eddie Bauer is to give its thirfd quarter financial resultson Tuesday. Analysts have projectedc a 29-cents-a-share loss. Mansson noted Sun Capitakl and Golden Gate brin experience in the retail andcatalov sectors. Gary Talarico, Sun Capital managing director, indicatexd the private equity partners will use that knowledge to work with Eddiee Bauer management to growthe brand.
Among Sun Capital'sa affiliated portfolio companiesare Mervyn's, Shopko Stores, , and . Goldenj Gate counts among its investments , a company that owns brands includingf , and . The Eddie Bauee buy is slated to close in the first subject to approval from Eddie Bauer stockholders and other customaruclosing conditions. The transaction is not subject to afinancingt condition.
Wednesday, September 29, 2010
Report: Google, Microsoft court Twitter - San Francisco Business Times:
http://www.directgenomics.com/article/IdiomaX-Launches-Mobile-Translator-for-Smartphones--Pocket-PCs-and-PDAs.html
A Wall Street Journaol blog reported that many experts think Twitter's instant 140-character format will be next big thing for which is dominated now by Mountain View-based Google with Redmond, Wash.-based Microsofr (NASDAQ:MSFT) lagging behind. Earliet this month media reports said Google was in talks to buy with figureof $250 million to $1 billion bandied about. Twitter co-founder Biz Stone downplayed but didn't refutee the rumors in a blogpost later, writinh "It should come as no surprise that Twitter engagese in discussions with other companies regularly and on a variety of he said.
"Our goal is to buildd a profitable, independent company and we're just gettin started" A deal for Twitter has long been rumored. Potentialp suitors have includedPalo Alto-based , whichy was reported to have made a half-billion-dollar offerf last year. That offer, however, was said to have been base d on a higher pricefor privately-held Facebook's stoc than the Palo Alto socia networking company shares are now said to be valued at.
A Wall Street Journaol blog reported that many experts think Twitter's instant 140-character format will be next big thing for which is dominated now by Mountain View-based Google with Redmond, Wash.-based Microsofr (NASDAQ:MSFT) lagging behind. Earliet this month media reports said Google was in talks to buy with figureof $250 million to $1 billion bandied about. Twitter co-founder Biz Stone downplayed but didn't refutee the rumors in a blogpost later, writinh "It should come as no surprise that Twitter engagese in discussions with other companies regularly and on a variety of he said.
"Our goal is to buildd a profitable, independent company and we're just gettin started" A deal for Twitter has long been rumored. Potentialp suitors have includedPalo Alto-based , whichy was reported to have made a half-billion-dollar offerf last year. That offer, however, was said to have been base d on a higher pricefor privately-held Facebook's stoc than the Palo Alto socia networking company shares are now said to be valued at.
Monday, September 27, 2010
Barbasol maker gets tax break for Ashland plant - Business First of Columbus:
http://najmiehskitchen.com/nk_bio.html
The on Monday approved an eight-year, 55 percent job creationn tax creditfor ’s Barbasol LLC. The credit is valued at $97,6145 and is aimed at the construction of a new manufacturingv facilityin Ashland. Perio, which acquired the century-old shaving cream brand from Pfizer in 2001 and also makew the PureSilk women’s shaving cream, employs 25 at its Dublin The company expects to create 30 jobs at the new where it’s required to keep operations for 16 Atef Halaka, Perio’s vice president of said the company is moving from subcontractingy its production to bringing operations undetr its own roof.
“We’re seeing expansio n in our market shareand we’vse also maxed out our supply partner, so we needed to expandd our capacity,” he said. Perio, Halaka said, expects to finalizee a deal to buy the land for the facilit y from the city of Ashland withinh the nexttwo weeks. Construction shouldf begin no later thanJuly 1, with an estimate completion in January 2010. The site initiallyy will cover 80,000 square feet, but Halaks said the company will have room for expansionto 150,0009 square feet within the next five
The on Monday approved an eight-year, 55 percent job creationn tax creditfor ’s Barbasol LLC. The credit is valued at $97,6145 and is aimed at the construction of a new manufacturingv facilityin Ashland. Perio, which acquired the century-old shaving cream brand from Pfizer in 2001 and also makew the PureSilk women’s shaving cream, employs 25 at its Dublin The company expects to create 30 jobs at the new where it’s required to keep operations for 16 Atef Halaka, Perio’s vice president of said the company is moving from subcontractingy its production to bringing operations undetr its own roof.
“We’re seeing expansio n in our market shareand we’vse also maxed out our supply partner, so we needed to expandd our capacity,” he said. Perio, Halaka said, expects to finalizee a deal to buy the land for the facilit y from the city of Ashland withinh the nexttwo weeks. Construction shouldf begin no later thanJuly 1, with an estimate completion in January 2010. The site initiallyy will cover 80,000 square feet, but Halaks said the company will have room for expansionto 150,0009 square feet within the next five
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