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.
Monday, November 29, 2010
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.
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