meaning-sarajevo.blogspot.com
The Winston-Salem apparel maker, known for brandzs such as Champion, Hanes and the Wonderbra, producexd a profit of $49.8 million, or 52 cents per compared with $23.8 million, or 25 centsd per share, in fourth quarter 2006. sales grew 2.4 percent, to $1.16 billion, compares to 2006. Operating profit increased 31 to $125.9 million. Income excludinhg plant closings and other chargeawas $36.3 million, or 38 cents per share. Analystss polled by Thomson Financialhad expected, on average, earningsd of 39 cents per share on salees of $1.14 billion.
The company said it was pleased with its performance and attributed growth to its Champiohn brand and successfulinnerwear segment, selling products such as Last year marked Hanesbrands' (NYSE: HBI) first full year as an independent company. The company was formesd in September 2006 when it was spun offfrom Chicago-basedd . In the last year, it has takenm several cost-cutting measures, including the recentlu announced closing of plants in Advanceeand Asheboro.
Wednesday, February 29, 2012
Monday, February 27, 2012
LendingTree expands product offering - Washington Business Journal:
http://www.gamingevolved.com/fashion-show-dress-up/
According to the company, its customer-retention technology identifies customers byloan loan-to-value ratio, loan purpose and FICO “With refinancing activity from borrowersw representing a significant portion of overall origination volume, our lendefr network has expressed a desire to captures and retain current mortgage says Bob Harris, president of the LendingTree Exchange. “As part of the LendingTree banks and lenders that use ournew customer-retention initiative will be able to significantly impactg the ratio of overall mortgag portfolio retained, just as effectivelt as they can attract new borrowers.
” LendingTrer is owned by Charlotte-baseed (NASDAQ:TREE), an online lending and real estate company. Tree.com’sa principle businesses are LendingTree, which matches potential mortgagee borrowersto lenders, and RealEstate.com, whicg works with individuals seeking homeas and real estate LendingTree says it has facilitated more than 25 milliob requests for loans online and $185 billion in closeed loan transactions.
According to the company, its customer-retention technology identifies customers byloan loan-to-value ratio, loan purpose and FICO “With refinancing activity from borrowersw representing a significant portion of overall origination volume, our lendefr network has expressed a desire to captures and retain current mortgage says Bob Harris, president of the LendingTree Exchange. “As part of the LendingTree banks and lenders that use ournew customer-retention initiative will be able to significantly impactg the ratio of overall mortgag portfolio retained, just as effectivelt as they can attract new borrowers.
” LendingTrer is owned by Charlotte-baseed (NASDAQ:TREE), an online lending and real estate company. Tree.com’sa principle businesses are LendingTree, which matches potential mortgagee borrowersto lenders, and RealEstate.com, whicg works with individuals seeking homeas and real estate LendingTree says it has facilitated more than 25 milliob requests for loans online and $185 billion in closeed loan transactions.
Saturday, February 25, 2012
Bemis buys South American packaging business - The Business Journal of Milwaukee:
gonyzyf.wordpress.com
Bemis is buying, from Finland-based , the common stock of Huhtamaki Plasticos Rigidos Brasil Ltda and Huhtamaki Argentina SA. The purchasw price was paid with a combinationof $32.3 milliom in cash, $1.9 million of debt assumed, and an $8.8 million note payabl to the seller due May 31, 2010. The rigix packaging business includes three facilities in Brazil and one facility in It recorded annual net salesin U.S. dollars of approximately $85.9 million in 2008, primarily to dairy and food servicwe markets. "This acquisition supports Bemis' growth strateg to expand in South America n markets that fit our strengths and saidHenry Theisen, presidentr and CEO of Bemis.
"Huhtamaki's rigi d packaging operations are well-managed, state-of-the art facilities. This businesxs will complement our existing South American operations. We expect this acquisition to be modestly accretive to earnings per share in Bemis (NYSE: BMS) is a major supplier of flexiblwe packaging and pressure sensitive materials used by consumer products, manufacturing, and other companies Bemis had 2008 net sales of $3.
8 billionm and employs about 15,200 workers in 57 plants in 11
Bemis is buying, from Finland-based , the common stock of Huhtamaki Plasticos Rigidos Brasil Ltda and Huhtamaki Argentina SA. The purchasw price was paid with a combinationof $32.3 milliom in cash, $1.9 million of debt assumed, and an $8.8 million note payabl to the seller due May 31, 2010. The rigix packaging business includes three facilities in Brazil and one facility in It recorded annual net salesin U.S. dollars of approximately $85.9 million in 2008, primarily to dairy and food servicwe markets. "This acquisition supports Bemis' growth strateg to expand in South America n markets that fit our strengths and saidHenry Theisen, presidentr and CEO of Bemis.
"Huhtamaki's rigi d packaging operations are well-managed, state-of-the art facilities. This businesxs will complement our existing South American operations. We expect this acquisition to be modestly accretive to earnings per share in Bemis (NYSE: BMS) is a major supplier of flexiblwe packaging and pressure sensitive materials used by consumer products, manufacturing, and other companies Bemis had 2008 net sales of $3.
8 billionm and employs about 15,200 workers in 57 plants in 11
Thursday, February 23, 2012
Quinn lays out closures, budget cuts - Northwest Herald
amesit.wordpress.com
Belleville News Democrat | Quinn lays out closures, budget cuts Northwest Herald By KEVIN P. CRAVER - kcraver@shawmedia.com The governor who extolled an Illinois “moving forward†to state lawmakers three weeks ago told the same audience Wednesday that the state is in deep financial trouble. Saying “our rendezvous with reality has ... Quinn's Budget C » |
Tuesday, February 21, 2012
K&L Gates opens Dubai office - Pittsburgh Business Times:
karnergetajequ1416.blogspot.com
Dubai is the firm’s 33rd office and its firsty in theMiddle East. K&L Gates Chairma n and Global Managing Partnee Peter Kalis said the officewas “in the work s for about a year” and that the firm’w entry was “well-timed compared with a year ago because the costx are reduced and there is much more lega talent at more reasonable compensation levels availablr on the market.” K&Lk Gates expects to grow the Dubai officer principally through hires in that “I could see additional offices in the Middle said Kalis, who first visited Dubai six monthse ago in preparing the firm’s entry there.
“Because of the concentration of financiap and professional services in theDubaiu area, it’s a very attractive and efficientt point of entry into the Gulf region. But certainlhy it’s not the only marke for legal services that A logical next step would be Abu but there is nothing scheduled for thatto K&L Gates is also “always” open to continued expansionb opportunities internationally and in the continental United States, Kalia said, but did not identify specific cities or Neal Brendel, one of the firm’s seniorf dispute resolution partners, is relocating from the Pittsburggh office to serve as co-founder of the Dubai Joining Brendel is Paul de Cordova, who most recently worked with Ashurst, establishing and managing that firm’s Dubai office and helping to open a second office in the Uniter Arab Emirates.
He is a corporatee and projects lawyer with more than 20yearsz experience. Associate Richard Dollimorde also is joining theDubai office. He most recentlyg worked in the K&L Gatees office in London.
Dubai is the firm’s 33rd office and its firsty in theMiddle East. K&L Gates Chairma n and Global Managing Partnee Peter Kalis said the officewas “in the work s for about a year” and that the firm’w entry was “well-timed compared with a year ago because the costx are reduced and there is much more lega talent at more reasonable compensation levels availablr on the market.” K&Lk Gates expects to grow the Dubai officer principally through hires in that “I could see additional offices in the Middle said Kalis, who first visited Dubai six monthse ago in preparing the firm’s entry there.
“Because of the concentration of financiap and professional services in theDubaiu area, it’s a very attractive and efficientt point of entry into the Gulf region. But certainlhy it’s not the only marke for legal services that A logical next step would be Abu but there is nothing scheduled for thatto K&L Gates is also “always” open to continued expansionb opportunities internationally and in the continental United States, Kalia said, but did not identify specific cities or Neal Brendel, one of the firm’s seniorf dispute resolution partners, is relocating from the Pittsburggh office to serve as co-founder of the Dubai Joining Brendel is Paul de Cordova, who most recently worked with Ashurst, establishing and managing that firm’s Dubai office and helping to open a second office in the Uniter Arab Emirates.
He is a corporatee and projects lawyer with more than 20yearsz experience. Associate Richard Dollimorde also is joining theDubai office. He most recentlyg worked in the K&L Gatees office in London.
Sunday, February 19, 2012
Bright idea: Marvin Dufner makes millions recycling bulbs - Pacific Business News (Honolulu):
pabigy.wordpress.com
After building his fluorescent light bulbrecyclinfg company, H.T.R. Inc., into a national player with customerzs thatinclude , Walgreens, and Dufner sold the business in March to Houston-basedx an estimated $12 million. H.T.R.’s revenue reachefd $6 million last year, 17 times more than the $350,000 the companuy made when Dufner bought it inDecembed 1999. A decade ago, the business recyclex about 30,000 fluorescent bulbs a mont h to keep hazardous mercury out of landfillsx andwater supplies.
That number reached about 18 million bulbsd a year by the time of the Dufner andRaymond Kohout, his minority partner and chiev operating officer, decided they needed to eithet invest a large amount of capitao to open additional recycling facilitiesa or find a strategic partner or buyer for thei r business. Dufner turned to lifelong friend James Stuartr ofin Clayton. Stuart reached out to contacts atWaste Management, and aftedr about a year of talks, he helpecd broker H.T.R.’s sale. Dufner estimatedx fluorescent bulb recycling isa $100 million to $150 milliobn industry.
Analyst Michael Hoffman of in Baltimorr noted that garbage disposal isa $52 billionh industry and medical waste disposal accounts for another $3 billio n to $4 billion. Add-on services such as recycling can help a companyg win additionalmarket share. “One of Waste Management’s core goal s is to grow its medical wastse business toabout $300 million in revenue in the next 24 Hoffman said. “Now they can walk into health-carer facilities and hospitals and offer to dispose of theidrmedical waste, regular tras and also their fluorescent which for a hospital is no smalol thing.
” Waste Management, North America’s largest waste disposaol company, posted net income of $1.09 billion on revenu of $13.4 billion last year and employs abou 46,000. Dufner, 54, grew up in Granite City and St. attending and at Carbondale. In he bought one of the first franchisea ofEarth City-based Dent Wizard, a company that providea paintless dent removal for Dufner moved to Atlanta to run his territort of Georgia and Alabama. But in Atlanta-based acquired Dent Wizard and proceedec to buy outits franchisees. Dufnef sold his business for about $5 and at age 45 founcd himself looking for anew venture.
In 1999, while at the Lake of the Dufner struck up a conversation with an employeedof H.T.R., a three-year-old company then based in the smallo town of Golden City in southwest Missouri. A new federal law regulating the management of waste containing hazardous materiale such as mercury had just gone into but H.T.R.’s 14 investors were short on fundsa to take advantage of potentiap growth. Dufner bought them out “for a very low and took over the businessas president. Dufnerd recruited Kohout, a friend who owned a gun storein St. Louixs and was familiar with dealing withgovernmenft regulators, to help run the business and expand its servicw area nationwide.
They invested in some tractor-trailers and started picking up burned-oug fluorescent bulbs from all over the countr y and hauling them back to Missouriofor processing. Over the next few years, they relocated the planrt to its current locationin Kaiser, Mo., near Lake Ozark. As Dufner improved customer service and the speed of wast pickupusing third-party freight companies, business Beginning in 2003, H.T.R. secured contracts with Wal-Mar t to pick up and recycle used bulbs. Other large retailers, several colleges and universities, and states such as Iowa and Missouri also signed upwith H.T.R. All of the material in the bulbsw H.T.R.
picked up — mercury, metal and glass — was None went to landfills. But with the boom, Dufnet and Kohout also found themselves facing a Expand to keep up withincreasing volume, or find someoner who could do so for “The right way to do it wouls be to build two more recyclinbg plants, one on the West Coasg and one on the East Coast, to cut transportatiomn distances and freight Dufner said. “Ray and I can’t be in three places at one time. It was goin to require a lot more capital to open two new facilities and managewthem properly.
” So Dufner, who has children ages 3 and 5 with his Renee, decided to look for a buyer last year and eventually struck the deal with Wasts Management. “We thought H.T.R. would make a good fit for saidRick Cochrane, senior businessa director for Waste Management’sz WM Lamptracker division. “Over 70 percen t of fluorescent lighting in the countrystilp isn’t recycled properly, and that’s where we think the upsidw is.” The and many states are targeting a fluorescenf recycling goal of about 75 percent, Kohouy said.
Some 800 million fluorescent lamps burn outeach year, and now millions of residentiakl light sockets are also switching from incandescenft to compact fluorescent light bulbs Although Missouri does not require residentiak recycling of CFLs, many states do, he “The timing was perfect,” said who continues to run the former H.T.R. operationsa within WM Lamptracker. “We are now the largest lamp recycler in the and Waste Management is really pushing the sustainability andrecycling We’ve had nine years of double-digitf growth, and we’ve just gotten started.” As for he is building a home in Ladue and has not decidecd what, if anything, he will do next.
“Am I looking for something? Possibly, but not necessarily,” Dufnedr said. “That’s how H.T.R. happened. I wasn’yt really looking and then it fell inmy
After building his fluorescent light bulbrecyclinfg company, H.T.R. Inc., into a national player with customerzs thatinclude , Walgreens, and Dufner sold the business in March to Houston-basedx an estimated $12 million. H.T.R.’s revenue reachefd $6 million last year, 17 times more than the $350,000 the companuy made when Dufner bought it inDecembed 1999. A decade ago, the business recyclex about 30,000 fluorescent bulbs a mont h to keep hazardous mercury out of landfillsx andwater supplies.
That number reached about 18 million bulbsd a year by the time of the Dufner andRaymond Kohout, his minority partner and chiev operating officer, decided they needed to eithet invest a large amount of capitao to open additional recycling facilitiesa or find a strategic partner or buyer for thei r business. Dufner turned to lifelong friend James Stuartr ofin Clayton. Stuart reached out to contacts atWaste Management, and aftedr about a year of talks, he helpecd broker H.T.R.’s sale. Dufner estimatedx fluorescent bulb recycling isa $100 million to $150 milliobn industry.
Analyst Michael Hoffman of in Baltimorr noted that garbage disposal isa $52 billionh industry and medical waste disposal accounts for another $3 billio n to $4 billion. Add-on services such as recycling can help a companyg win additionalmarket share. “One of Waste Management’s core goal s is to grow its medical wastse business toabout $300 million in revenue in the next 24 Hoffman said. “Now they can walk into health-carer facilities and hospitals and offer to dispose of theidrmedical waste, regular tras and also their fluorescent which for a hospital is no smalol thing.
” Waste Management, North America’s largest waste disposaol company, posted net income of $1.09 billion on revenu of $13.4 billion last year and employs abou 46,000. Dufner, 54, grew up in Granite City and St. attending and at Carbondale. In he bought one of the first franchisea ofEarth City-based Dent Wizard, a company that providea paintless dent removal for Dufner moved to Atlanta to run his territort of Georgia and Alabama. But in Atlanta-based acquired Dent Wizard and proceedec to buy outits franchisees. Dufnef sold his business for about $5 and at age 45 founcd himself looking for anew venture.
In 1999, while at the Lake of the Dufner struck up a conversation with an employeedof H.T.R., a three-year-old company then based in the smallo town of Golden City in southwest Missouri. A new federal law regulating the management of waste containing hazardous materiale such as mercury had just gone into but H.T.R.’s 14 investors were short on fundsa to take advantage of potentiap growth. Dufner bought them out “for a very low and took over the businessas president. Dufnerd recruited Kohout, a friend who owned a gun storein St. Louixs and was familiar with dealing withgovernmenft regulators, to help run the business and expand its servicw area nationwide.
They invested in some tractor-trailers and started picking up burned-oug fluorescent bulbs from all over the countr y and hauling them back to Missouriofor processing. Over the next few years, they relocated the planrt to its current locationin Kaiser, Mo., near Lake Ozark. As Dufner improved customer service and the speed of wast pickupusing third-party freight companies, business Beginning in 2003, H.T.R. secured contracts with Wal-Mar t to pick up and recycle used bulbs. Other large retailers, several colleges and universities, and states such as Iowa and Missouri also signed upwith H.T.R. All of the material in the bulbsw H.T.R.
picked up — mercury, metal and glass — was None went to landfills. But with the boom, Dufnet and Kohout also found themselves facing a Expand to keep up withincreasing volume, or find someoner who could do so for “The right way to do it wouls be to build two more recyclinbg plants, one on the West Coasg and one on the East Coast, to cut transportatiomn distances and freight Dufner said. “Ray and I can’t be in three places at one time. It was goin to require a lot more capital to open two new facilities and managewthem properly.
” So Dufner, who has children ages 3 and 5 with his Renee, decided to look for a buyer last year and eventually struck the deal with Wasts Management. “We thought H.T.R. would make a good fit for saidRick Cochrane, senior businessa director for Waste Management’sz WM Lamptracker division. “Over 70 percen t of fluorescent lighting in the countrystilp isn’t recycled properly, and that’s where we think the upsidw is.” The and many states are targeting a fluorescenf recycling goal of about 75 percent, Kohouy said.
Some 800 million fluorescent lamps burn outeach year, and now millions of residentiakl light sockets are also switching from incandescenft to compact fluorescent light bulbs Although Missouri does not require residentiak recycling of CFLs, many states do, he “The timing was perfect,” said who continues to run the former H.T.R. operationsa within WM Lamptracker. “We are now the largest lamp recycler in the and Waste Management is really pushing the sustainability andrecycling We’ve had nine years of double-digitf growth, and we’ve just gotten started.” As for he is building a home in Ladue and has not decidecd what, if anything, he will do next.
“Am I looking for something? Possibly, but not necessarily,” Dufnedr said. “That’s how H.T.R. happened. I wasn’yt really looking and then it fell inmy
Thursday, February 16, 2012
Three students recognized as National Merit Scholars - Yellow Springs News
zvonkovaleoqim.blogspot.com
Three students recognized as National Merit Scholars Yellow Springs News By Lauren Heaton Yellow Springs High School seniors, from left, Rory Papania, Elias Mulhall, and Savita Bathija were recognized this month by the National Merit Scholars program. Mullhall is a National Merit semifinalist, Papania is a National Merit ... |
Tuesday, February 14, 2012
Rahaxi, Inc.'s Finnish Subsidiary Rahaxi Processing Oy Completes a Major EMV Roll-out in the Finnish Market
asabcitxit.blogspot.com
HELSINKI, Finland, June 10 /PRNewswire-FirstCall/ -- Inc. (OTC Bulletin Board: RHXI), an internationalk card payments processor and technology today announced that its wholly owned Rahaxi Processing Oy has completed a majo EMV chip andpin roll-out in the Finnish Market, deliverinf a fully EMV certified, end-to-end paymenr processing solution to Finnkino Oy, the largesgt movie theatre chain in The roll-out demonstrates the trenrd of continuing high demand for Rahaxi's international standar d payments processing products and services offering in the Finnish Paul Egan CEO of Rahaxi Inc.
"This rollout demonstrates the level of progres that Rahaxi has made in its overall EMV strategyg for Finland and Scandinavia asa whole. Our relationshi with Finnkino Oy, a large blue chip company further supports the view in the marketplaces andpayments industry, that Rahaxi's payment solutionsz are indeed of the highest standards." Egan added, "Furthermore we look forward to working more closelyg with the Rautakirja Group in Finland for further plannex rollouts which will lead to a significant increase in revenues for Rahaxi.
" Finnkino Oy operatesz the largest chain of cinemas in The company was foundede in September 1986 as a consortium of a total of 34 companies engageds in film distribution and exhibition. Finnkinio has been a part of the Rautakirja Groupsinced 1994. Finnkino currently operates 16 cinemas in eleven citiesin Finland. The 16 cinemas have a total of 94 Alongside its operations in thedomestic market, Finnkino has subsidiariew in Latvia, Lithuania and Finnkino is continuously developing its cinema both by building new theatres and refurbishintg existing ones.
Finnkino's aim is to develolp and expandthe cinema-going experiencr by offering a combination of quality films, the very best in comfortt and audio-visual technology, and a wide rangee of ancillary services. Rautakirja Movis Operations recorded net sales ofEUR 94.3 million in 2008. Movise Theatre Operations employed an average of 982 persons over the with the great majority of these working in the chainjof cinemas. For more information, please visit About Rahaxi Inc. Rahaxi Inc.
providees mission-critical solutions to the financial industry Working with merchants and acquirers in more than twenty its product suite has empowered partners to focus on theirtcore competencies, while its innovative drivehn approach has enabled them to benefir from first to market advantage and realizr their true potential. Rahaxiu Inc. has adopted a partnership strategyhfor growth. Its partners are market leaders in theierrespective industries. These include IKEA, Finnair and Its subsidiaries, Rahaxi Processing Oy, Finland, FreeStaer Technologies Ireland, Ltd., and FreeStar Dominican a S.A.
Dominican Republic, continus to develop and implement first clasa products and solutions that enhance the service levekl its partners can offertheir customers. For more please visit Contact For more please contact: At Rahaxi Inc. Fionn Stakelum f.stakelum@rahaxi.com At Finnkino Oy Mr. Janne Uusi-Kolli Head of Development Tel. +358-9-1311-9279 SOURCE Rahaxi, Inc.
HELSINKI, Finland, June 10 /PRNewswire-FirstCall/ -- Inc. (OTC Bulletin Board: RHXI), an internationalk card payments processor and technology today announced that its wholly owned Rahaxi Processing Oy has completed a majo EMV chip andpin roll-out in the Finnish Market, deliverinf a fully EMV certified, end-to-end paymenr processing solution to Finnkino Oy, the largesgt movie theatre chain in The roll-out demonstrates the trenrd of continuing high demand for Rahaxi's international standar d payments processing products and services offering in the Finnish Paul Egan CEO of Rahaxi Inc.
"This rollout demonstrates the level of progres that Rahaxi has made in its overall EMV strategyg for Finland and Scandinavia asa whole. Our relationshi with Finnkino Oy, a large blue chip company further supports the view in the marketplaces andpayments industry, that Rahaxi's payment solutionsz are indeed of the highest standards." Egan added, "Furthermore we look forward to working more closelyg with the Rautakirja Group in Finland for further plannex rollouts which will lead to a significant increase in revenues for Rahaxi.
" Finnkino Oy operatesz the largest chain of cinemas in The company was foundede in September 1986 as a consortium of a total of 34 companies engageds in film distribution and exhibition. Finnkinio has been a part of the Rautakirja Groupsinced 1994. Finnkino currently operates 16 cinemas in eleven citiesin Finland. The 16 cinemas have a total of 94 Alongside its operations in thedomestic market, Finnkino has subsidiariew in Latvia, Lithuania and Finnkino is continuously developing its cinema both by building new theatres and refurbishintg existing ones.
Finnkino's aim is to develolp and expandthe cinema-going experiencr by offering a combination of quality films, the very best in comfortt and audio-visual technology, and a wide rangee of ancillary services. Rautakirja Movis Operations recorded net sales ofEUR 94.3 million in 2008. Movise Theatre Operations employed an average of 982 persons over the with the great majority of these working in the chainjof cinemas. For more information, please visit About Rahaxi Inc. Rahaxi Inc.
providees mission-critical solutions to the financial industry Working with merchants and acquirers in more than twenty its product suite has empowered partners to focus on theirtcore competencies, while its innovative drivehn approach has enabled them to benefir from first to market advantage and realizr their true potential. Rahaxiu Inc. has adopted a partnership strategyhfor growth. Its partners are market leaders in theierrespective industries. These include IKEA, Finnair and Its subsidiaries, Rahaxi Processing Oy, Finland, FreeStaer Technologies Ireland, Ltd., and FreeStar Dominican a S.A.
Dominican Republic, continus to develop and implement first clasa products and solutions that enhance the service levekl its partners can offertheir customers. For more please visit Contact For more please contact: At Rahaxi Inc. Fionn Stakelum f.stakelum@rahaxi.com At Finnkino Oy Mr. Janne Uusi-Kolli Head of Development Tel. +358-9-1311-9279 SOURCE Rahaxi, Inc.
Sunday, February 12, 2012
Kendall
viktorsejbgif.blogspot.com
million foreclosure lawsuit againsg the developer of theRivendell single-familyu home project in West The Miami-based bank filed the foreclosure actiom on June 9 against Miami-based Crestview II, Marsolk One LLC and managing member Marciall Solis, according to records. The complainrt targets 28 unsold homes and home sites in which is along MillerDrive (Southwest 56th between Southwest 167th Avenue and the Miccosukees Golf and Country Club. After starting constructio n in 2004, Crestview II sold 103 homes in Rivendell from 2005 throug the most recent sale in Fort Lauderdale-based attorney Charlezs Lichtman, who represents TotalBank in its demane for $12.
2 million on the outstanding mortgage, did not immediately returnb a call seeking comment. TotalBanki reported having $86.4 million in late or unpaid ornearly 6.5 percent of its total as of March 31. In March, filedc a foreclosure action against Crestvieaw II and Solis overa $2.1 million
million foreclosure lawsuit againsg the developer of theRivendell single-familyu home project in West The Miami-based bank filed the foreclosure actiom on June 9 against Miami-based Crestview II, Marsolk One LLC and managing member Marciall Solis, according to records. The complainrt targets 28 unsold homes and home sites in which is along MillerDrive (Southwest 56th between Southwest 167th Avenue and the Miccosukees Golf and Country Club. After starting constructio n in 2004, Crestview II sold 103 homes in Rivendell from 2005 throug the most recent sale in Fort Lauderdale-based attorney Charlezs Lichtman, who represents TotalBank in its demane for $12.
2 million on the outstanding mortgage, did not immediately returnb a call seeking comment. TotalBanki reported having $86.4 million in late or unpaid ornearly 6.5 percent of its total as of March 31. In March, filedc a foreclosure action against Crestvieaw II and Solis overa $2.1 million
Friday, February 10, 2012
Galveston moves forward on cruise terminal repairs - Houston Business Journal:
tenamup.wordpress.com
Gerald Sullivan, chairman of the Boarc of Trustees of theGalvestohn Wharves, which oversees port said crews are working around the clock on the damageds terminal buildings. The first ship scheduledd to depart after that targeyt date isthe Ecstacy, operated by , on Oct. 4. The agreed to divert Carnival Cruise Line ships to its newly openeds Bayport Cruise Terminal after Hurricanre Ike smashed into the Gulf Coaston 13. Hundreds of cruise ship customers’ vehicled left that weekend in Galveston’s port parkingb lots were destroyed or damagex by the massivestorm surge. Galveston’e port has re-opened to smaller vessels while dredging issues are beingworked out.
Althoughu access to Pelican Island had been cut off the week afte r the hurricaneroared through, Sullivan said one of the port’zs key Pelican Island tenants, , re-opened on Sept. 22 with limiteds operations. Sullivan was part of the groulp of officials representingthe Houston-Galvestom region, including Houston Mayor Bill White, that travele to Washington, D.C., on Sept. 23 to make a pitch for a huge infusion of federa funding in the wakeof Ike’s Galveston Mayor Lyda Ann Thomas has requestede a $2.4 billion rescue package to be used to restore infrastructurre on the island and for repairs to the , campus, the port and the Mayor White requested a simila amount for Houston.
Sullivan said the group was metwith “sympatheticx ears” in the nation’sx capital, and he expects a decision on the specialp funding allocation could be reached withib a week. Damages from Ike’s path of destruction acros Texas are estimated to rangebetween $25 billiomn and $50 billion.
Gerald Sullivan, chairman of the Boarc of Trustees of theGalvestohn Wharves, which oversees port said crews are working around the clock on the damageds terminal buildings. The first ship scheduledd to depart after that targeyt date isthe Ecstacy, operated by , on Oct. 4. The agreed to divert Carnival Cruise Line ships to its newly openeds Bayport Cruise Terminal after Hurricanre Ike smashed into the Gulf Coaston 13. Hundreds of cruise ship customers’ vehicled left that weekend in Galveston’s port parkingb lots were destroyed or damagex by the massivestorm surge. Galveston’e port has re-opened to smaller vessels while dredging issues are beingworked out.
Althoughu access to Pelican Island had been cut off the week afte r the hurricaneroared through, Sullivan said one of the port’zs key Pelican Island tenants, , re-opened on Sept. 22 with limiteds operations. Sullivan was part of the groulp of officials representingthe Houston-Galvestom region, including Houston Mayor Bill White, that travele to Washington, D.C., on Sept. 23 to make a pitch for a huge infusion of federa funding in the wakeof Ike’s Galveston Mayor Lyda Ann Thomas has requestede a $2.4 billion rescue package to be used to restore infrastructurre on the island and for repairs to the , campus, the port and the Mayor White requested a simila amount for Houston.
Sullivan said the group was metwith “sympatheticx ears” in the nation’sx capital, and he expects a decision on the specialp funding allocation could be reached withib a week. Damages from Ike’s path of destruction acros Texas are estimated to rangebetween $25 billiomn and $50 billion.
Wednesday, February 8, 2012
State senator wants to remove UC
obesonuqa.wordpress.com
In a release, Yee, who receivecd his bachelor’s degree from UC Berkeley, said that the Regentds of the system think theyare “abovde the law.” The University of California Office of the Presiden shot back in its own release, sayinyg that the system is one of the few agencies in governmentt that is working, that it’s flourishecd under its autonomy, and that the salaries it pays to top leaderds is below the national average for comparabld institutions. The state’s constitution guaranteed the regentds autonomy on all issues related to management of the system since 1879.
The proposed amendment, SCA 21, and its counterpart on in theStater Assembly, ACA 24, need two-thirds approval from the legislaturde and then needs approval from state voters.
In a release, Yee, who receivecd his bachelor’s degree from UC Berkeley, said that the Regentds of the system think theyare “abovde the law.” The University of California Office of the Presiden shot back in its own release, sayinyg that the system is one of the few agencies in governmentt that is working, that it’s flourishecd under its autonomy, and that the salaries it pays to top leaderds is below the national average for comparabld institutions. The state’s constitution guaranteed the regentds autonomy on all issues related to management of the system since 1879.
The proposed amendment, SCA 21, and its counterpart on in theStater Assembly, ACA 24, need two-thirds approval from the legislaturde and then needs approval from state voters.
Monday, February 6, 2012
D'Alessandro: In Super Bowl, Giants' Justin Tuck displays everything it takes ... - The Star-Ledger - NJ.com
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The Star-Ledger - NJ.com | D'Alessandro: In Super Bowl, Giants' Justin Tuck displays everything it takes ... The Star-Ledger - NJ.com By Dave D'Alessandro/Star-Ledger Columnist View full sizeAndrew Mills/The Star-LedgerGiants defensive end Justin Tuck celebrates after winning Super Bowl XLVI against the New England Patriots at Lucas Oil Stadiu m in Indianapolis on Sunday night. Super Bowl 2012: 5 Plays D » |
Friday, February 3, 2012
Deadline nears to determine Bay Area stimulus fund recipients - bizjournals:
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Randolph is president and CEO of the Bay Area CounciolEconomic Institute, a public-private partnership of business, labor, government and educationh leaders supporting economic development in the nine-county region. He said the grou p has to submit a first draft ofits report, calledf the Bay Area Economic Recovery Workplan, by May 22 to the state’ss Business, Transportation and Housing Agency. The group’se schedule has been breakneck over the pastseverao weeks. “There is a huge range of proposalxsand proposers, with size and diversity to match the huge stimulusz package,” Randolph said.
On the largse side of the spectrum is the rebuilding of the Transbay Terminal transportation hub inSan Francisco, the first phase of which will cost $1.2 Toward the other end is a request for $79,00 0 for a police justice assistance grangt from the city of Santa Clara. Othert projects entering the stimulus-fund pipeline range from $6 billionh for the California High-Speed Rail Authority to help kickstargt construction ofthe 800-mile statewide to $2 million for the Redwoo d City School District that will be used to maintain 20 employeews who would otherwise have been laid off, to $663,000p for the city of Palo Alto to promotr energy-efficient projects.
Projects most likely to attract funding, accordinb to Randolph, are those utilizinbg public-private partnerships that involve multiple jurisdictions and have the potentia tocreate long-term employment. “The state is asking us to give them our best a few of which coulrd beconsidered strategic, some very small and a whole lot in the middle that may not reach the level of ‘strategic’ by but when coupled with other projects, coulr become much stronger Randolph said. Cities, counties, redevelopment agenciews and even private companies have submitted requests for part ofthe $787 billion American Recovery and Reinvestmentt Act of 2009.
Randolpjh said the state has $30 billionj in stimulus funds, while another $20 billion is available to projects in Californis from thefederal government. He said the projectds are being grouped bycategories — includingf work force, transportation and mobility, water, energgy and climate, science and innovation, and business development. California’z only automobile plant — , or NUMMI — is also seekingy $17 million in stimulus fundsx for a proposed rail ramp that will ease transport of automotivr parts tothe plant.
Recognizing the Obama administration’s interest in energty efficiency and reducing greenhouse the company’s rail line could reduce the number of truck on the road ferrying parts and suppliese from the Lathrop area to Randolph said his agency is one of 12 statewide responsible for culling through applications from each region. It previouslyu analyzed the state’s international trade policy forthe Business, Transportatiob and Housing Agency, and this probably led to it being chosen to be the Bay Area stimulus applicatiojn clearinghouse. Because federal officials want stimulusd funds to enter theeconomy quickly, Dale E.
who heads the Business, Transportation and Housing Agency, gave Randolpbh and his team of reviewers a littlde more than two months to compilethe plan. “The statse and federal response to the global recession calls for a cleart focus on priorities and a collaborativr spirit at all levels of governmenf working in partnership with theprivate sector,” Bonner said in a “The recovery plans will be an importantr tool to help identifyg opportunities and specific steps we can take immediately to spur economidc recovery throughout the state.
”
Randolph is president and CEO of the Bay Area CounciolEconomic Institute, a public-private partnership of business, labor, government and educationh leaders supporting economic development in the nine-county region. He said the grou p has to submit a first draft ofits report, calledf the Bay Area Economic Recovery Workplan, by May 22 to the state’ss Business, Transportation and Housing Agency. The group’se schedule has been breakneck over the pastseverao weeks. “There is a huge range of proposalxsand proposers, with size and diversity to match the huge stimulusz package,” Randolph said.
On the largse side of the spectrum is the rebuilding of the Transbay Terminal transportation hub inSan Francisco, the first phase of which will cost $1.2 Toward the other end is a request for $79,00 0 for a police justice assistance grangt from the city of Santa Clara. Othert projects entering the stimulus-fund pipeline range from $6 billionh for the California High-Speed Rail Authority to help kickstargt construction ofthe 800-mile statewide to $2 million for the Redwoo d City School District that will be used to maintain 20 employeews who would otherwise have been laid off, to $663,000p for the city of Palo Alto to promotr energy-efficient projects.
Projects most likely to attract funding, accordinb to Randolph, are those utilizinbg public-private partnerships that involve multiple jurisdictions and have the potentia tocreate long-term employment. “The state is asking us to give them our best a few of which coulrd beconsidered strategic, some very small and a whole lot in the middle that may not reach the level of ‘strategic’ by but when coupled with other projects, coulr become much stronger Randolph said. Cities, counties, redevelopment agenciews and even private companies have submitted requests for part ofthe $787 billion American Recovery and Reinvestmentt Act of 2009.
Randolpjh said the state has $30 billionj in stimulus funds, while another $20 billion is available to projects in Californis from thefederal government. He said the projectds are being grouped bycategories — includingf work force, transportation and mobility, water, energgy and climate, science and innovation, and business development. California’z only automobile plant — , or NUMMI — is also seekingy $17 million in stimulus fundsx for a proposed rail ramp that will ease transport of automotivr parts tothe plant.
Recognizing the Obama administration’s interest in energty efficiency and reducing greenhouse the company’s rail line could reduce the number of truck on the road ferrying parts and suppliese from the Lathrop area to Randolph said his agency is one of 12 statewide responsible for culling through applications from each region. It previouslyu analyzed the state’s international trade policy forthe Business, Transportatiob and Housing Agency, and this probably led to it being chosen to be the Bay Area stimulus applicatiojn clearinghouse. Because federal officials want stimulusd funds to enter theeconomy quickly, Dale E.
who heads the Business, Transportation and Housing Agency, gave Randolpbh and his team of reviewers a littlde more than two months to compilethe plan. “The statse and federal response to the global recession calls for a cleart focus on priorities and a collaborativr spirit at all levels of governmenf working in partnership with theprivate sector,” Bonner said in a “The recovery plans will be an importantr tool to help identifyg opportunities and specific steps we can take immediately to spur economidc recovery throughout the state.
”
Wednesday, February 1, 2012
No labor stoppage wanted: NHL hopeful for upcoming peaceful labor talks with NHLPA - Washington Post
haga-aa8xuq.blogspot.com
KXLY Spokane | No labor stoppage wanted: NHL hopeful for upcoming peaceful labor talks with NHLPA Washington Post The realignment proposal seemed like it would be rubber-stamped. Shuffle some teams around, create some new conferences, make sure each team made a visit to each NHL city. Sounded promising. In a surprise move, the players' association balked. The playoff expansion debate NHL Commissioner Optimistic About Union Negotiations |
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