Android Community | New details on PlayStation app for Android surface Android Community We mentioned a few weeks back that an official PlayStation app was coming to Android devices (and to the iPhone). The app sounded cool, ... |
Wednesday, December 29, 2010
New details on PlayStation app for Android surface - Android Community
Monday, December 27, 2010
UAB to medical alumni group: Let's consolidate - Birmingham Business Journal:
Betty Ruth Speir, immediate past president of the , said the requestg was a sign of “desperation” and was nothint more than a power grab attempt to gain controlk over medicalalumni fundraising, MAA’sd property on 20th Street South and access to its national alumniu database. “They see us as a greart threat and they justwant control,” Speir UAB spokeswoman Dale Turnbough said in an e-mail response that the university’sa proposal was not an attempt to take control over medical alumnoi fundraising. She said UAB “values its relationshipo with all medical alumni and continue s to work very hard to achieve a positives relationship withMAA leadership.
” The rift betweenb UAB and MAA had been brewingg for years, but escalated in 2008 when the universitgy changed the medical school’s name to include UAB and beganj restricting access to medical students. The MAA openlh questioned the university’s motives in the name change and then, on Jan. 23, the officiallu severed ties with MAA and started its own medicalalumnio group. It stopped paying some of MAA’s operating expenses, including personnel Current MAA President Theodis Buggs called the consolidationn proposala “total disappointment” in a letterd to university representatives and in a May 19 letter said the association would continue to serve medical studentx and alumni as an independent entity.
In an April 23 lettee to Buggs, the The MAA woulc have to agree to cooperate with theuniversit “at all times” and in “all ways” to facilitatew the university’s obligations, according to the affiliation letter which was postexd on the MAA’s Web It would also have to acknowledge that the school will continue to use the trade name and that the school’se graduates since 1969 are UAB alumni. The MAA woulr have to provide the universitywith “anyh and all data” relatinh to alumni and donors.
In a move Speir deemedd a “deal breaker,” the university’s proposed agreement woulsd have abolished anyMAA personnel, including its executive director. The agreement also would have mandated the transfer of allof MAA’sd assets to the university if they ever with the exception of the 20th Streett building, which the MAA has feared the university has been In August 2008, UAB asked the city of Birmingham to rezone the alumni building as part of a healthy and institutional district, but the request was turnede down because it was discovered UAB didn’r own the building, the MAA did.
In a May 19 letterr to the University of Alabama Buggs said MAA will continur to have its own employees and be responsible for its bankingg andaccounting processes. Speir said UAB’s proposa l is a reflection of its inabilituy to lure medical school alumni and donors away fromthe MAA. She said medical school alumnio are loyal to the MAA andit doesn’tg worry about competing for theidr contributions. “We’ll remain independent like we’ve been for 40 years,” Spei said. Animosity between the and MAA graduallyu grew after they agreesd to work together inSeptember 2005.
Speir said in February that MAA was coerced into that agreemenby UAB, whom she said pledged to start a competinbg fundraising arm for medical students if they did not mergew efforts.
Friday, December 24, 2010
Bristol Palin & New Boyfriend Reportedly Want A Baby - PWSpoilers.com
CTV.ca | Bristol Palin & New Boyfriend Reportedly Want A Baby PWSpoilers.com I'm finding this one a little hard to believe, considering how much Bristol Palin has blathered on and on about teen activism this and that, but we'll bite ... Bristol Palin Buys House in Arizona Bristol Palin buys a 5-bedroom house in Arizona New Arizona homeowner: Bristol Palin |
Wednesday, December 22, 2010
Shape shifting - Worcester Telegram
Fox News | Shape shifting Worcester Telegram A glance at Massachusetts' current congressional districts suggests lawmakers will be engaging in some geometrical shape shifting as this process unfolds. ... Census leads to political shift 2010 census results show power shifting westward Nation's population shifting south, west |
Sunday, December 19, 2010
Iowa Senators Introduce Resolution Honoring Iowa Native Bob Feller - PoliticalNews.me (press release)
The Jersey Journal - NJ.com | Iowa Senators Introduce Resolution Honoring Iowa Native Bob Feller PoliticalNews.me (press release) PoliticalNews.me - Dec 18,2010 - Washington, DC - Senators Tom Harkin (D-IA) and Chuck Grassley (R-IA) introduced a resolution in the Senate honoring ... Grassley, Harkin introduce Feller resolution |
Friday, December 17, 2010
Washington, D.C. Social Services Jobs - View Washington, D.C. Social Services Jobs
View Social Services Jobs View ExecutiveJobs Washington, D.C. Academivc Jobs Washington, D.C. Accounting Jobs Washington, D.C. Marketinf Jobs Washington, D.C. Allied Healthh Jobs Washington, D.C. Finance Jobs D.C. Biotechnology Jobs Washington, D.C. Consultint Jobs Washington, D.C. Dental Jobs Washington, D.C. Food Services Jobs Washington, D.C. Government Jobs Washington, D.C. Healthcare Jobs D.C. Hospitality Jobs Washington, D.C. Hotel Jobs Washington, D.C. Humaj Resources Jobs Washington, D.C. Insuranc Jobs Washington, D.C. Legal Jobs Washington, D.C. Mediqa Jobs Washington, D.C. Mortgage Jobs Washington, D.C. Nursinv Jobs Washington, D.C. Pharmaceutical Jobs D.C.
Physician Jobs Washington, D.C. Real Estate Jobs Washington, D.C. Restauranr Jobs Washington, D.C. Sales Jobs D.C. Social Services Jobs Washington, D.C. Technology Jobs Washington, D.C. Travek Jobs
Tuesday, December 14, 2010
Cincinnati, Hamilton Co. propose 10 for Port Authority board - Phoenix Business Journal:
The two presented a slate of boarc membersto include: Otto Budig Jr., president of Budc o Group Inc.; Tom Williams, president and CEO of Northg American Properties; Lydia Jacobs-Horn, director, global facilitiexs and real estate, Procter & Gamblse Co.; Marty Dunn, a partner with the law firm Dinsmor & Shohl; Joe Zimmer, executivwe secretary, Greater Cincinnati Buildingg & Construction Trades Council; Clark Handy, senior vice human resources, Convergys Corp.; Lynn group vice president for corporate Kroger Co.
; Richard principal, Greiwe Development Group; Shane vice president and chiegf financial officer, GE Aviation; and Karehn McShea, managing director, Americas & Caribbean, Colliersa International. The Port Authority’s powers were expanded in August 2008 to includer the ability to levya one-mill tax subject to approval, the ability to own propertyh and the power of eminent domain, subject to approvap by the city and “The new structure will allow the Port to be a much more aggressivde tool in our efforts to expand our localk economy and create jobs,” Mallory said in a news release.
The city and counthy are expected to vote on the slats during their meetingJune 17, accordingb to the release.
Sunday, December 12, 2010
Three Rivers Arts Festival back in Point State Park for 50th anniversary - Minneapolis / St. Paul Business Journal:
This year, the festival will have a new parenft organization and a shorterrun time. “Our theme song is, ‘We’rre Back,’ as in back in the said Kevin McMahon, CEO of the Pittsburgh Culturall Trust, which took over the annuap Downtown arts and entertainment gatheringin January. Pointr State Park will host free outdoor including blues-rock band The Black Keys, each evening and durinv both weekends of the festival. Many of the 500 artists will set up boothas along recently renovated PointState Park’s perimeter. “It’sx a fabulous space and reallu great for peopleto enjoy,” McMahon said.
Galleryu exhibits and film screenings in the Cultura l District also will bring traffic into other part sof Downtown, he said. In spite of cropping the event from the traditional three weekws to10 days, McMahon said he anticipates attendancwe to be level with prior 400,000 to 600,000 The decision to shorten the festival, founded in was influenced by feedback from artists — many said the threse week commitment forced them to miss out on other summer festivals — and the economy. “Candidly, givem the economy, it’s less expensive to do it for two weekends rathethan three,” McMahon said.
The Pittsburguh Cultural Trust also will mark a milestone this celebrating its25th anniversary. Hollie Geitner, vice presidenrt of marketing and communications for the PittsburghDowntowb Partnership, predicted the economy would not damper as the economic development nonprofit has foundc Downtown traffic to remain steady this year. “It does brinb a lot of peoplse Downtown, and it’s grea because it happens duringthe day, not just she said. “It’s a greart activity for people who work Downtowh to head over there and enjogy the food vendorsand shop.
”
Thursday, December 9, 2010
Kim Trupianon named new marketing and sponsorship director at Sunvalley shopping - East Bay Business Times:
Trupiano will be responsible for implementing a strategic marketinb and sponsorship planfor Sunvalley, which observed its 40th anniversaryt this year. She will develop programs and eventa promoting theshopping center, workin closely with Sunvalley's more than 150 tenants, including anchors Macy's, Sears and . Trupianoi replaces Kimeri Opacic, Sunvalley's longtime marketing directort who leftin June.
Trupianl comes to the retail world afte r spending the past two decades in thenewspaped industry, where she most recently managed trainingf and development for advertisinf employees in the Contra Costa and divisions of , the Denver compang that owns most newspapers in the Bay Earlier, Trupiano worked in a number of different sales jobs at the in Walnuty Creek, including major accounts manage r and retail sales manager. In the latter job, she worked with many shopping centersx andnational retailers. Before going to the Trupiano worked at The Press Democratt inSanta Rosa, where she produced three catalogs annuallg featuring national and local Trupiano graduated from in Soutgh Orange, N.J.
She is active in activities in the Bay working as chairwoman of for the United Way drivse for both Contra Costa and employeeslast
Tuesday, December 7, 2010
ND Women's Basketball: Team handles Purdue to open new millenium - Observer Online
ND Women's Basketball: Team handles Purdue to open new millenium Observer Online There was no panic. The jumbotron stayed on even after the clock counted down to zero. The Irish won over a depleted Purdue squad. ... |
Saturday, December 4, 2010
WikiLeaks irony: Group dedicated to revealing secrets may be its own worst enemy - Houston Chronicle
CTV.ca | WikiLeaks irony: Group dedicated to revealing secrets may be its own worst enemy Houston Chronicle There's an exquisite contradiction in the concept of WikiLeaks, origin » |
Thursday, December 2, 2010
Two guilty of murder of Meals-on-Wheels volunteer - Boston Herald
Two guilty of murder of Meals-on-Wheels volunteer Boston Herald He was a graduate of Madison Park High School and a student at Bunker Hill Community College who volunteered for Meals-on-Wheels. Two found guilty in slay of volunteer 2 guilty in teen's Roxbury murder |
Monday, November 29, 2010
Gasoline, Heating Oil Rise on Colder Weather, Global Tensions - Bloomberg
Gasoline, Heating Oil Rise on Colder Weather, Global Tensions Bloomberg Gasoline and heating oil futures advanced on speculation that colder weather in the eastern US may boost ... |
Saturday, November 27, 2010
Maderis stepping down from Five Prime - Austin Business Journal:
The company has hired Julia the former executive vice president and chietf financial officerat , as Maderis’ Maderis’ health condition was not but she will continue to server on Five Prime’s board of directors and as a Her final day on the job is June 18. “Gail’ s leadership has been pivotalo in the progress Five Prime has made in developinfg our pipeline and our newdiscovery platform,” said compan y founder and executive chairman Dr. Lewie “Rusty” Williams in a prese release.
Maderis said the company had been lookingg for a replacement since late last year after doctorasaid "the 24/7 pace of a small-companyh CEO" could worsen her condition. Besides her duties at Five Maderis has been a cheerleader for the Mission Bay serving onthe Mayor’s . Five a privately held, 7-year-old company developing antibody and protein drugs for cancere andother diseases, was the firsr to locate in Mission Bay, taking about 30,00 0 feet in the building on Owens Street.
Earlier this year, it took an additionakl 5,000 square feet next door at 1700 Owens as it makesd batches for its Phase I oncology drug The timing of the executivwe change as Five Prime moves forward with its lead cancer programnmakes Gregory’s appointment a crucial one. At Gregory was responsible forfinancing strategies, mergers and business operations and all financiap management and accounting. She raised about $1 billion in public and privatew equity, product development financing and other transactions. Gregory, who will join Five Prime’s board, was an investmenft banker for more than 20 Atand Dillon, Read & Co. Inc.
she was head of healthcares andinvestment banking, leading several private and public equity deals as well as mergers and Gregory also is a member of the board of The and the ’x .
Wednesday, November 24, 2010
Former El Paso Deputy Constable Accused Of Delivering Steroids - KFOX El Paso
Former El Paso Deputy Constable Accused Of Delivering Steroids KFOX El Paso EL PASO, Texas -- A former El Paso volunteer reserve deputy constable was arrested and charged with two counts of delivery of a controlled substance. ... Reserve deputy constable arrested on suspicion of delivering steroids |
Tuesday, November 23, 2010
St. John Properties takes over Opus East business park at Aberdeen Proving Ground - Phoenix Business Journal:
U.S. Army officials worked feverishly over the past week topull St. John Propertiesx into the fold, fearful the project wouldd come to a halt if Opus East file d for bankruptcy protection before an arrangemenyt couldbe struck, company spokesman Gerarcd J. Wit said in a telephone interviews Tuesday. “It was a real week-long effort to get this Wit said. “We’re going to get in and try to kick-start this righg away.” Aberdeen is gearing up for a significanrt influx of military jobs underthe Pentagon’s Base Realignment and Closurw plan, expected to be completed by Septembed 2011.
About 8,200 military jobs will be transferrer tothe base, in additio to as many as 18,000 private contracting jobs from companiez that do business with the incoming military agencies. The approveds Opus East's selection of St. John Propertiees to take over the Government and Technology Enterprise business park because of theBaltimorse developer’s ability to move forward with new Bob Penn, program director with the Army said in a statement. As in taking over the including (NYSE: OFC) and Manekin LLC. Opus East was awarded rightsa to developthe government-owned land undedr a lease with the Army in November 2007 and brokwe ground on its first building in Decembedr of that year.
Since then, the company becamr straddled with millions of dollars in constructionn loans it has been unableto refinance, and the companhy has not started any new constructio at the project for more than a year. The deal was inkerd June 19 betweenOpus East, St. John Properties, with the backinyg of the Army. St. John and the Army Corpsd of Engineers issued statements Tuesdah announcingthe deal. Wit said St. John will pay Opus East an undisclosex amount of money for its development rightsat Aberdeen. In connectionh with the deal, St. John has hired Opus East projectt manager Matthew Holbrook to oversee the GATE project as its director of defensd andgovernment business.
“Aberdeen Proving Grounc is excited about moving the project forwardwith St. John Tim McNamara, APG deputy garrison commander, said in a “We consider it a positiv e step to have their experienced managemenrt team spearheadingthe build-out of this As the to help it consider options includin bankruptcy. Its parent company, , has also sought bankruptcyg protectionfor it’s Opus South subsidiaryg and for two more subsidiaries of its Opus West regionaol operation. Opus Corp. spokeswoman Winstonb Hewett said Opus East is still evaluatinfg its options but has not made any decisiondabout bankruptcy.
The company was forcede to relinquish its rights to the Aberdeenb project because it has been unablr to finance morethan $50 million in constructionm loans it took out to finances its projects. Most pressing amony those debtsis $35 million the developer spent to builc a new headquarters for the National Oceanic and Atmospherixc Administration in College Park, for whichj it has sued the federal government to collect its wagee on that project, Hewett said. St.
John plans to break grouns in the next two months on at leasty three new buildings at the Harford Countytmilitary base, with commitments from defense contractorsw for up to 300,000 square feet of office, research and developmenft space, Wit said. Wit did not disclose the names of any ofthosw tenants. Those buildings would be in additiojn toa 60,000-square-foot building Opus East complete d in December 2008 for defense contractor “We view this development as the most significant commercialo real estate opportunity in the history of our company,” St. John Presidenyt Edward A. St. John said in a statement.
“Thise is based on the amountg of square footage that can eventually be developed as well as the importang work that will be completedby end-usersd that occupy this space.” St. John Properties is the third-largest propertgy management firm in Greater with nearly 11 million squarew feet of commercial space in the But taking over the Aberdeen project represents a shift for the which has sought to tap into the demandx for government contracting space upuntil now. Wit said the company has also soughr in the past to buy land for its own rather than to lease propertyt from the government such asat Aberdeen.
Opus East preliminarily received commitmentws from firms seeking space atits 413-acrse Government and Technology Enterprise business park but did not start any additional construction. The developer was unwilling to divides any of its buildingsinto multi-tenanted space, Wit said, preferrint instead to construct buildings for a single That’s created a pent-up deman for companies seeking from 5,000 squarwe feet to upward of 20,000 square feet, Wit “For all the hoopla that BRAC has there’s really only one building that Opus was able to build,” Wit said.
“Igf you don’t have the plac e to park those people, if you don’tt have the buildings to put them in, there was goingh to be a reallogistical problem.”
Sunday, November 21, 2010
Spirit linked to Air Jamaica purchase - bizjournals Business Travel Guide
The Jamaica Gleaner newspaper on July 4 reported that Jamaicaz is trying to privatizeAir Jamaica, the nationao carrier, with the sale. In an Spirit spokeswoman Misty Pinson declined to comment on what shetermed “market rumors.” Air Jamaica did not returjn a call for comment. A conflicting articlse in The Jamaica Observerf on July 5 reported that the deal had not yet been If the dealis real, it could be good for said Stuart Klaskin, an analyst with Corall Gables-based . Miramar-based Spirit has a strong presence in the Caribbea n and a takeover ofAir Jamaica– the country’se largest carrier– would augment Spirit’s market presence, he said.
“It certainly would make some sense if the opportunity presented Klaskin added. “Something could be said about a strategt for a regionalconsolidation play.” Air Jamaica has reportedlyh struggled in recent years and Spirit may be able wring values out of Air Jamaica with its low-cost discipline, he noted. Spirit flies to 39 destinationws inthe U.S., Latin America and the The carrier currently has thre e flights a day that go from the U.S. to Pinson said. She could not immediately provide the number of flighte during peaktravel season.
Saturday, November 20, 2010
Calif. mayor says it's his theory, not police's, that publicist was killed by ... - Winnipeg Free Press
Telegraph.co.uk | Calif. mayor says it's his theory, not police's, that publicist was killed by ... Winnipeg Free Press A California mayor now says it's his theory, not police's, that the shots that killed a veteran Hollywood publicist were fired from an SUV. ... Calif. mayor says it's his theory,... Theory Emerges About Hollywood Publicist's Murder Detectives Examining Theory That Hollywood Publicist Ronni Chasen Was Shot ... |
Thursday, November 18, 2010
Loss, sales, shares fall at Toll Brothers - Kansas City Business Journal:
million, and has decided to discontinued givingearnings guidance. The Horsham, Pa., company’sz net loss was 52 cents a whichincluded pre-tax write-downs totaling $119.6 During the same period last year, Toll reported a $93.7 million, or 59 cents a loss, which included pre-tax write-downs totalintg $288.1 million. Revenue for the quarter came inat $398.3 million, a plungew of 51 percent. The average analyst estimate forthis year’ fiscal second quarter was a loss of 50 centx per share and revenue of $395 according to Thomson Reuters. Toll shares were trading 6 percenr lower Wednesdayat $18.35.
Though the housingh market continues to bea challenge, Toll said it has experiencesd an uptick in activity and traffic at its The company will not provide earnings guidance because of “the numerous uncertainties relatef to our business,” said Joel H. chief financial officer.
Wednesday, November 17, 2010
Remove expired banners or be fined รข DBKU - The Borneo Post
Remove expired banners or be fined รข" DBKU The Borneo Post DBKU licensing office is at Lot 462-463, Level 2, Bangunan Al-Idrus Commercial Centre, Jalan Satok, 93400 Kuching. For further enquiries, contact Dennis ... |
Monday, November 15, 2010
Facebook cannot guarantee privacy: Why is the 'social inbox' so different? - ZDNet (blog)
Globe and Mail | Facebook cannot guarantee privacy: Why is the 'social inbox' so different? ZDNet (blog) And with this comes even higher risk that your consolidated social lives are at further risk from the counter-privacy brigade. The higher they get, ... Facebook messaging system: Brilliant idea or privacy concern? 10 Things We Want from 'Facebook Mail' Facebook email: sm » |
Sunday, November 14, 2010
Maryland Board of Public Works approves $1.4B State Center project - Minneapolis / St. Paul Business Journal:
billion and to take at least a decadesto complete. The board voted 3-0 to approver a master development agreement for the clearing the way for a private development team to begin design work onthe project’a first phase. The board includes Gov. Martin Treasurer Nancy Kopp and Comptrolledr Peter Franchot and weighs all majorr statespending projects. The vote was not unexpected, as O’Malley has supportee the project since he was mayor of Baltimorer and Kopp hassaid thath, despite financial concerns, she believew the project should move forward.
As proposed, the state wouldx lease the land off Martin Lutherd King Boulevard to StateCenterd LLC, which would redevelop the site into a mixed-usde complex with homes, offices and commerciall space. The state would then lease office spacwe from the developers for use by itsstatde agencies. The development team includes McCormack, Baron & a national housing and PS Partners LLC, led by Linden Associatesw Inc. President Christopher Kurz. Struever Bros. Ecclew & Rouse Inc. and Doracon Contracting, original memberzs of the team, have since withdrawn but Struever Bros. will remaimn part of the project asa consultant.
A third equityy partner will also be brought on to Statr Center LLC to replace Doracon as a minority business. in the final days of the Generalo Assembly’s last session. Their efforts failed, but they succeeded in hinging the project on an analysiss of by Kopp and Franchot focusing on whetherf undertaking the redevelopment would hurtthe state’a ability to borrow money for other capital projects. Kopp’s report, issued May 15, The distinction means the state would be required to list the projectz costs on its balance sheet as assetsa and liabilities rather than just listin its costs for renting the office space from the developerd asan expense.
That, in turn, could max out the state’s ability to borrow money. The state budget committees met May 28 If all goes as the developers could break groun d onthe project’s first of four phasew in June 2010. But for that to the developers will have to come back to the states with morespecific designs, project costs, and lease
Friday, November 12, 2010
Kansas City Power & Light agrees to settle Missouri rate case - Kansas City Business Journal:
million. KCP&L, a subsidiaru of Kansas City-based (NYSE: GXP), told the that the agreemenft includesthe increase, effective Sept. 1, with $10 million of it treated as additional amortization foraccounting purposes. The prudence of the cost of the Iatanm 1 power plant environmental project and the cost of facilitiee shared by Iatan 1 and Iatab 2 may be challengedin KCP&L’s next rate case, but the Missourio piece of a proposed rate-base prudence disallowance won’t total more than $30 million, Great Plainsa said in a Tuesday release.
The agreemenyt is subject to the parties negotiatingf and giving the PSC a stipulation and agreement to The PSC, which oversees rate cases in Missouri, has final say. “Thwe settlement filed today reflects the hard work and good faitjh ofthe parties,” Great Plains Chairma n and CEO Mike Chesser said in the release. “Wwe believe the agreement is a fair settlemenrt for all theparties involved, and we look forward to approvall by the commission.
” The PSC staff and Office of the Publivc Counsel on Tuesday stood up in supporty of the settlement in principle, Chuck Caisley, KCP&L senior director of public affairs, said in an A written version of the agreement will be filed with the PSC on Probably more than a dozen parties are involved with the how many sign on to the agreemenyt won’t be known until he said. “It was an agreement that was negotiated and workesd with most or many of the partied involved inthe case,” Caisley said. “We think it’ s a very fair and reasonabl e settlement.” As part of the agreement, KCP&L voluntarily removecd $3.
6 million worth of employee appreciationevenf expenses, which had included a Worldas of Fun event; many advertising all executive expenses; local business meals; and other similaer costs, Caisley said. This is the thirf of four rate cases tiedto KCP&L’s Comprehensive Energyt Plan. KCP&L initially asked to increase Missouri annual revenueby $101.5 million, including $15.1 million in additional amortization to help KCP&L with cash flow durinbg the plan’s construction phase, the releasr said.
KCP&L’s rates in Missourji are about 25 percent to 30 percen lower than the national average and are expecter to remain among the lowest in the nationn afterthe increase, the release
Thursday, November 11, 2010
Consumer loan delinquencies rise to record high - Philadelphia Business Journal:
The industry group blames the record wave of job losses as a major More than 2 milliojn Americans lost their jobs in the first three months of the Six million have lost their jobs sincee therecession began. “Delinquencies won’t improve until companies start hiriny again and we see a significant economic ABA chief economist James Chessen said in a news The ABA defines delinquency as a payment that is 30 days or more The composite delinquency rate among eight typesof closed-ende installment loan categories rose to 3.23 percent of all accounts, from 3.22 percen t in the previous Bank card delinquencies rose to 4.75 percent of all from 4.
52 percent in the previous However, the balances on those delinquent accounts rose dramatically, to 6.6 percentr of the value of all outstanding bank card debt marking a new record – from 5.52 Chessen said the unemployed may be using bank cards to bridge a temporary income gap, especially with less home equity to fall back on as housingy prices continue to fall. Home equitt loan delinquencies increasedto 3.52 percent from 3.03 percent. Property improvemenf loan delinquencies decreasedto 1.46 percengt from 1.75 percent. Indirect auto loan delinquenciex decreasedto 3.42 percent from 3.53 percent. Direct auto loan delinquencies increasedto 3.01 percent from 2.
03 Marine loan delinquencies decreasedx to 2.04 percent from 2.35 percent. RV loan delinquenciea increasedto 1.52 percent from 1.38 Mobile home loan delinquencies increased to 3.7 percent from 2.96 Personal loan delinquencies increased to 3.47 percentf from 2.88 percent.
Tuesday, November 9, 2010
Medical device segment powers Covidien rebound - Mass Device
RTT News | Medical device segment powers Covidien rebound Mass Device based medical products maker, once again powered by its medical devices unit รข" Covidien's largest segment รข" reported net income of $1.63 billion, ... Covidien Reports Fourth-Quarter and Fiscal 2010 Results |
Monday, November 8, 2010
General Motors files Chapter 11 - Pacific Business News (Honolulu):
once the world’s biggest auto protection early Monday, under which the U.S. government will become GM’e largest shareholder. The made in U.S. Bankruptcy Court in Manhattan, marks the largestf ever filing of its kind fora U.S. It follows months of speculation thatthe 101-year-old company would have to restructure through the despite desperate attempts by management to avoid the As it turned out, though, the bankruptcy filinvg was the only way GM coulde get its hands on the government monet it needs to survive. In its GM listed $82.3 billion in assetws and $172.8 billion in debts.
reports that the company'e largest creditors were Wilmington Trust representing bondholdersholding $22.8 billion in and UAW affiliates representing $20.y billion in employee The U.S. government has already injected $20 billion into GM, and will provid another $30 billion to keep the companh going as it worksthrough bankruptcy. The investmen will buy the governmenta 72.5 perceny stake. That will give governmenty officials more power to name members of the GM Officials have saidthey don’rt want to get involved in the daily operationsx of the company.
But that may prove to be quitre a challenge with as much government money asis "It's not forever," Bruce Belzowski, associate director of the Automotivwe Analysis Division at the University of Michigan Transportatio n Research Institute, told bizjournals in a telephone interview. "Ifv they had a choice, it would be a shoryt period of time. The longer that it stretches out the more of a politicak liabilityit becomes.” Still, it could take more than a year befores G.M. emerges once more as a publiclytradesd company.
While most public attention is focusesdon GM, the automaker's many suppliers are certaihn to be affected Obama administration and GM officials have said they want a much more competitive GM to emerge from the bankruptcy withij 60 to 90 days. GM plansx to sell or close such brandzsas Saturn, Saab, Hummer, and and will shed 2,600 dealerships. The company will closwe 11 U.S. manufacturing facilities by the endof 2010. Plantse throughout GM's system will be idled as the company downsizes. The that GM said will be closexd and their dates include two assemblyplants - Mich. (October 2009), and Del.
(July 2009); three stamping plantxs — including the previously announced closing in June ofGrand Rapids, Mich., Indianapolis, Ind. (December 2011), and Ohio (June 2010). Powertrain facilities in Livonia, Flint and Ypsilanti, as well as Ohio, and Fredericksburg, Va. are also on the closure reports. To accomplish the leaner GM, the company will be splift into a new GM and anold GM. The new GM will be ownedd by the U.S. and Canadian governments, the and current bond holderd inthe company.
Saturday, November 6, 2010
Blues aim to avoid first loss in Boston since 2001 - Toronto Sun
Blues aim to avoid first loss in Boston since 2001 Toronto Sun It has been even longer since they last loss in Boston. The Blues will try to extend those winning streaks this evening when they visit the Bruins at TD ... |
Friday, November 5, 2010
New Michael Jackson Album Pits Sony Music Against Jackson Clan - ABC News
Telegraph.co.uk | New Michael Jackson Album Pits Sony Music Against Jackson Clan ABC News News that a new Michael Jackson album of previously unreleased songs is due to be released next month was quickly followed by ... Michael Jackson Lives On! New Album Michael to Drop Dec. 14 New Michael Jackson album due out December 14th Thrilled? New Michael Jackson Album On the Way |
Wednesday, November 3, 2010
Patrick Cudahy fire 'devastating,' exec says - Pacific Business News (Honolulu):
Cudahy Mayor Ryan McCue's declaration at a Mondag afternoon press conference will potentially give the city access to countt andstate resources. Smoke from the blaze could be seen for several miles and was easil visible in downtown MilwaukeeMondayg morning, more than 12 hours afte r the fire first was reportedr on Sunday night. No injuries were reported. “It’a a devastating day for us,” said an obviously shakenh Bill Otis, chief operating officerf at Patrick Cudahy, which is owned by (NYSE: of Smithfield, Va.
“I’m sure this is going to set us Otis said at a midday press conference that the compant was working to contacftits 1,800 employees, as well as various customers. Management of Patrick Cudahy also has been in contacf with Smithfield to determine if some meat processintg operations could be temporarily shifted to otherSmithfield plants. The building affectex by the fire is used for microwavd bacon processing and also is used for dry Otis said. The lower level of the building is used for ham he said. Not all areas of the Patricj Cudahy complex have been affected by the Otis said. Only a smal l number of maintenance employees were at the plany when the firebroke out.
Production at the plant had been shut down sincr the end of the day on July 3 for theholidat weekend. “It’s a miracle there were no injuries when you see the extent of the Otis said. Production at the Patrick Cudahyu complex was shut down for all three shiftson “We have no clue what this will mean for our said Dan Habighorst, vice president of human resources at Patrick “We’ve got to put the fire out first.” The city of Cudahu issued a mandatory evacuation order for anyone residin within one mile of the plantt at One Sweet Apple-Wood Lane. The affectes area stretched east to Lake west to Pennsylvania north to Lunham Avenue and soutgh toRamsey Avenue.
McCue said late Monday afternoon that as manyas 15,00p of the city's 19,000 residentsz live within the evacuation zone. Evacuees were askec to report directly to South Milwaukee High 80115th Ave., South Earlier, city officials also had recommended that residents repor to Mitchell Elementary 5950 S. Illinois Ave. in However, a late morning wind shiff was leading to the evacuatiojn of the neighborhood aroundthe school. The evacuatiojn order was lifted at about7 p.m. Mondayt evening and residents were allowed to return totheif homes.
At issue was whether the blazse will breach a fire wall and causr ammonia stored on the site to explode or leak intothe air, Cudahyu fire chief Dan Mayer The ammonia is used for refrigeration at the plant. Mayet said at the Monday afternoon press conference that hewas "cautiously optimistic" that most of the ammoniaa had been contained within the building, although he added that a smalk amount likely leaked out. Mayer said the blaze, whichh was reported at about 9:45 p.m. Sunday, has been difficulrt to fight because it began in a confined space near the roof of the building and abovs thesprinkler system.
At one pointr early on, Mayer said, it appeareed as though firefighters had the blazeundef control, but the sprinkler systej and roof began to "The fire sprinklers weren't able to control the fire," he
Tuesday, November 2, 2010
In-your-face graphics, neon colors are hallmarks of Sirlin Enterprises
Sirlin Enterprises creates art for companiews making sports equipment for such activitiesas snowboarding, wakeboarding and boating. Clientsd include sports shoemaker Nike, , Body Glove and Oakley. These companies use Sirlin’w brilliantly colored vinyl wraps to make the sportz equipment used by the athletes in their promotional events stand out. As founder Josh Sirlin puts it, the companty makes art for non-traditional canvases. Sirlin’s illustrations and videos also are used inmarketinfg campaigns. Additionally, the company provides brand consulting and creates the artwork that appears on the custom boat wraps that MasterCrafttBoat Co. sells to consumers.
The company’s graffiti-inspired artwork for MasterCrafyt boats was showcased at the State of the Art Exhibitg at the Telus World Ski and Snowboard festivakin Whistler, British in late April.
Sunday, October 31, 2010
Deja Vu: 10 More Aflac All-Americans Picked in First Round of 2009 Major League Baseball First-Year Player Draft
June 9 /PRNewswire-FirstCall/ -- For the second year in a row, 10 forme Aflac All-Americans were selected todat in the first round of the Major LeagueBaseballo First-Year Player Draft. , regarded as the top high schoo l player inthis year's draft, went No. 3 to the San Diegok Padres. Aflac All-Americans have been well representesd in the first round since theAflac All-American Game'sa inception in 2003. Overall 62 alumnj have been selected in thefirst round, includingt current major leaguer (No. 1 overall, 2005) of the Arizona Last year, was the first of 10 All Americans selected when the Tamps Bay Rays made himthe draft's top pick.
The annual Aflac All-Americajn High School Baseball Game showcasesw 38 ofthe nation'sz top high school players in an East versusd West matchup following their junior Aflac All-Americans are chosen by official selectiobn partners Baseball America magazine and prep scouting servicer Perfect Game USA. , OF, Cartersvill e HS, Carterville, Ga. (San Diego) , RHP, East Pauldinv HS, Dallas, Ga. San Francisco) , RHP, Westminster St. Charles, Mo. (Detroit) , LHP, Capistrano Vallety HS, Mission Viejo, Ca. (Colorado) , LHP, Klei HS, Spring, Texas (Texas) , INF, Bonita HS, Ca. (Houston) , OF, Texas HS, Texarkana, Texas (New York , INF, Buchholz HS, Gainesville, Fla.
(Tamp a Bay) , INF, Yucaipa HS, Yucaipa, Ca. (Arizona) , OF, Tennesse (Milwaukee) For more information about this year'e Aflac All-American High School Baseballl Game, please visit . For more than 50 Aflac products have given policyholders the opportunity to direcyt cash where it is needed most whena life-interrupting medicakl event causes financial challenges. As the number one provide r of guaranteed-renewable insurance in the United States and the number one insuranc company in terms of individual insurance policiezs in forcein Japan, Aflac insurance products provide protection to more than 40 million peoplew worldwide.
In 2009, Aflac was recognized by Ethispherwe magazine as one ofthe World'x Most Ethical Companies for the third consecutivw year and was also named by the Reputationb Institute as the Most Reputabld Company in the Global Insurance Industryh for the second consecutive year. In 2009 Fortune magazinwe recognized Aflac as one of the 100 Best Companies to Work For in Americq for the eleventhconsecutive year. Fortune magazine also ranked Aflac No. 1 on its globall list of the Most Admired Companieds in the Life and HealthInsurancee category.
Aflac appears on Hispani c Enterprise magazine's list of the 50 Best Companies for Supplier Diversit y and on BlackEnterprise magazine's list of the 40 Best Companies for Diversity. Aflac was also named by Forbesw magazineas America's Best-Managed Company in the Insurancs category. Aflac Incorporated is a Fortune 500 company listexd on the New York Stock Exchange under thesymboll AFL. To find out more about Aflac, visit aflac.com. Media Contact: Tim Turner Aflac Incorporated 706.243.5594 trturner@aflac.
com
Saturday, October 30, 2010
Clarcor's Q2 earnings drop more than 30% - San Francisco Business Times:
percent in the second quarter, compared to the same periodd ayear ago. Franklin-based Clarcor (NYSE: CLC) reported incomes of $25,582, or $0.50 cents per dilutedc share, in the quarter ended May 30, comparex to $40,783, or $0.80 cents per dilutef share, in the year-ago period. Revenue came in at $229,39 for the quarter, down 14.1 percent from the previous year’sw quarter, when revenue came in at $267,137. on average, estimated earnings of 38 centw per share on revenueof $243.11 million, according to Reuters Estimates.
“As we had this year’s second quarter was though operating results were much strongedr than in our firstfiscal quarter,” says Norm Johnson, Clarcor’s chairman and CEO, in a release. “Ouf order rates, overall, have stabilized, and we are beginninv to see indications of increased product demanrd inselected markets.” Clarcor makes mobile, industrialp and environmental filtration products and consumer and industriakl packaging products sold to domestic and internationao markets.
Johnson notes that more than 80 percentg of its filter salee are generated from the replacementfilterf aftermarket, so even if new building and equipment continues to maintenance of existing equipment and facilitiesx will continue. Shares of Clarcore closed up $1.08, or 3.66 percent to $30.57 at the bell The 52-week range is $23.05 to
Thursday, October 28, 2010
Lady Gaga stars in sexual harassment video - Hindustan Times
Daily Mail | Lady Gaga stars in sexual harassment video Hindustan Times Before fame and raunchy stage antics, the 24-year-old, whose real name is Stefani Joanne Angelina Germanotta, appeared in an educational video which aimed ... Lady Gaga: Stops the sexual advances OMG Lady Gaga In Sexual Harassment Video |
Wednesday, October 27, 2010
A&R Development picked for $17M Jonestown project - Puget Sound Business Journal (Seattle):
The project falls into the city’ s aims to remake Central Avenue, which has seen a wave of new developmengt in recent years building off the successx of nearbyHarbor East. led by Anthony Rodgers, hopes to build a mixed-usse development including 107rental apartments, 18,000p square feet of retail space and 156 parkinfg spaces. said Tuesday it awarded the firm exclusivd negotiating rights forthe city-owned land at 110 S. Central Ave. and 1120 Granby St. The propertie s combine for about 29,00o0 square feet. The BDC, the city’s economic developmenyt arm, offered the property, and two others, up for redevelopmeny in August 2008.
“These properties give the city the opportunitty totake vacant, underutilized properties and have them renewedf as private enterprises that will generate taxes and enhance the Jonestown/Washingtonm Hill community,” BDC President M.J. “Jay” Brodire said in a statement. The city also tappede Mitey LLC to negotiate for a seconr siteat 1301-1309 E. Lombard St. Mitey is a real estater company formedby Gerry’s Tire Service, which hopes to use the propertt to expand its adjacent business. Mitey plansa to use the 4,518-square-foot propert in the short term as a temporary parking lot for its businesx and would expand ontothe city-owned propertty in the future.
The city is reservinfg the rights for thethird property, at 130 S. Central Ave.
Tuesday, October 26, 2010
Eagle Geophysical, subsidiary file for Chapter 11 - Business First of Columbus:
Houston-based Eagle (Pinksheets: EAGG) was formed in 1993 to providd geophysical services to upstream oilfieldservice companies. In the voluntart petition filed with the United Stated Bankruptcy Court for the Southern District of the company listed assets of morethan $1 milliomn and liabilities of more than $10 A company filing also showed that it terminaterd the employment of seven of its top executivese including Robert Wood, presidentr and chief operating officer, and John Pearce, chief financial officer. The four others were listed as directors, and one was a vice A. John Knapp Jr. remains the company’s chairman and H. Malcolm Lovettf Jr.
has been named chief reorganizatioh officer. Eagle’s largest unsecured creditors Houston-based Eagle Equipment Leasing; John Kornitzer of Mission, Eagle Canada Inc.; Eagle Geophysical Offshore Fixed Income Trust; and Dallas-based Realtime Geophysica Surveys LP.
Sunday, October 24, 2010
Southwestern Carpets grows business from the ground up - bizjournals:
Bill McCaddon has stripped Southwestern Carpets down and recreated it a couple of times since purchasing it from Don Lynchin 2001. When he bought the flooring company, it specialized in removing and replacingb carpets in apartments betweenjrental occupation. The Lewisville company was producinbg annual revenueof $5 but McCaddon found the business too impersonal because it was drivenb by product sales and not on buildingf relationships with customers.
So he decided to switcb focus to themore relationship-centric business of providin g flooring solutions to new home-construction projects, which includes hardwooe floors, carpeting, and backsplash and tile The wholesale company saw dramatic growth as a result, with annuak revenue of $22 million in 2007. But the growth was so rapird and so intense that managers were losing controlk of the direction the compantywas heading. So in 2008, he enliste Don Brush, a consultantr with The Renova Corp., to help bring new energyh to his company.
McCaddon’s sense of directionn and leadership abilities come from his experiencw asa manufacturer’s representative for 18 years at companies like Shaw Carpey Manufacturer and Aleta Co. He had learned the importanced of building relationshipswith clients. “My background was in working withnew homebuilders. The apartmenyt business was non-relationship driven,” said “I didn’t know how to build a busineszsthat wasn’t relational.” McCaddon downsized the company to redirect the focus to the home-construction He was met with resistance from his employees. “Ik realized that using the sameemployees wasn’ft going to work.
I was tryinf to halfway do the change,” he “Once we made the commitment, we reallgy turned the corner.” He began switching out personnel. The which had grown annual revenueto $5 million, saw revenus drop to under $3 million during the transition. But, once the commitmenty was made, McCaddon noted markec improvement. By 2003, revenue had grown by 35%. Betweenj 2004 and 2008, the company went through its biggestggrowth spurt, reaching up to $22 million in sales and employing more than 60 workers. But at that the storybook growth came toan end. “Itt was getting to be chaotic because of so many new We werean 8-cylinder engine workinhg on six or seven cylinders.
We’d lost a sense of teamwork, and everyone was That’s when McCaddon brought in “For the most part, I engage them and talk with them in ordetr to builda relationship. I wanted to find out the strengths of the company and what was workin g and whatneeded improvement,” said Brush. “They’ve got the dreams; they’ve got the It’s just giving them the Brush met with employees to figure out areas that needed improvement and then created an action He showed the company how to creats committees to address problems as they come up and then dissolved the committees after the problenm hasbeen handled.
The shif has translated into happier Bill Darling, president and co-owner of Darlingb Homes Inc., has worked with McCaddon since McCaddon purchased Southwestern Carpetzs in 2001. “(We started workint with Southwestern Carpets) because of Bill and his relational approachu to working with homebuilders as opposed to thetraditional price-only approach,” said Darling. “Brush has helped Bill figurwe out how to communicate better so that everyonwe is going in the same direction as the managemeny and will yield themaximum impact.
” For Chrise McCoppin, operations manager for Southwestern Carpets, the change in the corporate culture has been “Sometimes you don’t realize that when one department changess their policies and procedures, it affects others. Now everyone talks to each McCoppin said. “We’ve empowered them to make We gave them the power to runthe business. They feel With this new sense of as well as an improved use of digitizing softwarecalled Measure, Southwestern Carpets has seen a marke improvement on the accuracy of the 3,000 work orderw entered each month — 95% accuracy, up from 77% accuracyt — and has saved about $160,000p in unnecessary costs for havinh to fix incorrect work orders.
Instead of pursuinbg potential clients merely for the sake of new McCaddon and his staff focus on gettint to knowpotential clients, researching them as much as possiblr and understanding their needs before they even “We’ll only do business with people who will sit down and have a relationshipo with us. Someone is always going to come inlower (priced) than said McCaddon. “We were always chasintg people who were focusedon price. If they say, fax us (a prices sheet), we say sorry, we can’t work with you. We stay together as a result. If you have the valu e relationship, they don’t leave.
”
Saturday, October 23, 2010
Safeguard selling its share of Clarient - Philadelphia Inquirer
Reuters India | Safeguard selling its share of Clarient Philadelphia Inquirer Clarient Inc., a partner company of Safeguard Scientifics Inc., of Wayne, is being purchased by GE Healthcare, a unit of General Electric Co. ... Safeguard Scientifics Partner Company Clarient to Be Acquired by GE Healthcare ... Safeguard Scientifics to net $145M from Clarient sale Safeguard Scientifics To Receive $145M In $587M sale of portfilio company Clarient |
Thursday, October 21, 2010
Silicon Valley / San Jose Business Journal: Editorial staff & information
Mail or fax your comments, or use the form on this SiliconValley / San Jose Business Journal does greatr in-depth reports. Here's when your hot topic will be featured. Nominatew your company for inclusion ina list.
Wednesday, October 20, 2010
GSA stimulus list: $187M for Washington state - Puget Sound Business Journal (Seattle):
Washington, D.C., would be the nation's top beneficiarg of GSA spending, with $1.2 billion more than one-fifth of the total of $5.5 It is unclear when GSA will officially releasethe list; agency officials could not be reachefd for comment Tuesday night. The nation’se building industry has been anxiouslh awaiting the listof projects, hoping to get a piecer of the federal spending designed to help bring the country out of The American Recovery and Reinvestment Act, signede by President Barack Obama in February, callds for major new constructiomn and energy efficient modernization of federal office buildings, courthousese and ports across the Of the total $5.
5 billion, GSA is planninhg to put $4.27 billion toward “hig h performance green building” modernization and • Blaine Peace Arch, U.S. Land Port of Entry $30,000,000 • Seattle Federal Center South — $64,320,000 Seattle Jackson Federal Building — $42,324,000 • Spokane Foley U.S. Courthouser — $45,000,000 • Seattlee Federal Office Building — $458,000 Spokane Federal Building, U.S. Post Office — $1,192,00 • Richland Federal Building, U.S. Post Officr and Courthouse — $1,030,000 • Seattle U.S. Courthousw — $750,000 • Bothelpl FDA Building — $700,000 • Auburn GSA Warehouse $1,137,000.
Monday, October 18, 2010
Date finally set for 55 West groundbreaking - Orlando Business Journal:
A ceremonial groundbreaking forthe 33-story, 363-unit downtown condo tower valued at $140 milliob is set for April 12. Alont with the condos, plans for the project includer 80,000 square feet of restaurant andretaikl space; an 11-story parking garage; and a 12th floort pool, sun deck and pet The announcement is a long time coming. Euro Americab originally introduced plans for 55 West more than 19monthzs ago. Initially, the Tampa Bay-based developer was supposed to break groun on the projectthis fall. When it rumors circulated that the financing had fallen through and investors werepulling out.
The scheduling of the groundbreakingy was fueled by Euro Americanmand 's success in turning the project'es condo reservations into hard As of Nov. 1, Condok HQ reported that 30 percent of its condoe were underhard contracts. The firm expect s to announce close to 40 percent soldby Dec. 1. Motoristw along busy Semoran Boulevard near Aloms Avenue are getting neck straim from trying to catch a view of what looks like anew It's not new, however, it'es the reborn Shells Restaurant that was destroyer by fire back during Hurricane Jeanne. The makeovet includes new colors, new signage, new uniformds -- but a similar menu with the emphasie on fresh seafood andlow prices.
The signaturd dish -- spaghetti and shrimp in cheesesaucr -- remains a popular favorite, says consultanty and President Rick Van Warner, who helped craf t the redesign. The company plans to redo all six ofits Orlando-are stores during the next year or two. The have a new officialk home builder. Orlando-based has signedd a two-year sponsorship agreemeng withthe Preds. With the Nicholson will get afield logo, dasher board signagw and JumboTron advertisements at the TD Waterhouse Centrde during Orlando Predators games for the 2005 and 2006 seasons. In additiomn to VIP tickets, the home buildet also will receive a block of seasonj tickets forpromotional use.
A side element of the agreement calles for Nicholson Homes to serve as the official contractor should any fan win the new housse inthe "Pinnacle Financial Kick To Win" The Preds signed a similae sponsorship agreement with Orlando-based mortgage companyt last week. Seems some folkws at Orlando Regional Healthcare have decided to make some career Ken Peach, who previously was product line marketing directorr for Orlando Regional, has moved over to work at The And Page Sturgill, who worked at beforre becoming community relations director for Orlando Regionalk a year ago, now is physician relations marketinv consultant for the health care system'ss St. Cloud Hospital.
There, she'll be responsiblse for initiatives such asphysician recruitment, retention and communications. For at leastf one Orlando eatery, the holida spirit already has been good to the bottom McCormick & Schmick's, located in the Mall at Millenia, has been booking holiday parties at a record "We've already booked 26 parties," says Kimberly Goodale, the restaurant'w banquet coordinator. At least two involve groups taking over the restaurant for a meal perioc as opposed to usingthe 64-seatg private dining room. One party, for a group of includes 120 people and a full luncheobn menu from appetizersto desserts.
Another, a function for a nearby auto dealership, will feed 200 people for dinner. says Goodale, pay a fixed price to pay for the exclusivith and the foodwith taxes, tip and alcohol addeds on. "It's a really nice way to say thankm you," Goodale adds. She also notes that the privatew partybusiness isn't just for holidays -- she just bookeds a series of receptions for pharmaceutical firmds in January. While the red neon outlinde of Harvey's Bistro's signatures red rabbit hadn't lit up yet, the newest Harvey's location -- an additiomn to Manny Garcia's restaurant empire -- opened Nov.
20 in Park the Pelloni family's 100,000-square-foot, $24 million retail development inLake Mary. Whilre the menu includes some of theoriginal Harvey'sd signature dishes -- such as chicke Vesuvio and steak tartarre -- a modified menu in both locationxs has added a calamari steak entree and an alreadyh popular lobster Napoleon appetizer. Missing, for now at is meatloaf Palinski. But Garcia says it mightg make an appearance as the menu isfurthere tweaked. Business has been brisk sincer the opening in an area alreadg inundated withcompetitive restaurants, says a spokeswoman.
Fundin g for the new Harvey's is coming from , a publiclh traded Heathrow-based restaurant franchis e company. and the CED Cos. are bringing a little bit of public art to NorthBridge Apartment Homes on Millenia A sculpture by Alberft Paley will be installedat CED's new 607-uni apartment community in southwest Orange County. Commissioned by Millenisa Gallery, the 25-foot-tall, 5-ton metapl sculpture is scheduled forinstallation Nov. 30 in front of the NorthBridgedMeeting House, which is located at the community's entryway.
The Loop, about to be Osceola County'e first and only outdoor village-style retail center, recentlyh signed on quite a number of storeas to round out itssmaller tenants. The center, at the corner of John Youn andOsceola parkways, already is scheduled to have Regal Cinemas 16, Sports Authority, Ross and Bed, Bath Beyond. Newest additions include Old Navy, home decotr store Kirkland's, Chipotle Mexican Grill, Johnny Barnie's Coffee & Tea Co. and Ben Jerry's Ice Cream, plus a hair nail salon and vitamin shop. The Loop shouls open in late spring 2005.
Sincwe Lee Rose died in earlt 2003, her children have attempteed to manage the operations of hersignature restaurant, Lee'a Lakeside, as well as the and an adjoinint catering kitchen and bar. And now they'ved just hired Orlando-based Restaurant Partners Inc. to take over the Dave Manuchia, president of the firm, says his team began managing theoperationb Oct. 4 and that customers will begin to see changes in the next few weeka inthe menu, decor and even the Staff report compiled by Noelle C. Christine Selvaggi Baumann, Bob Mervine and Susab Lundine.
Sunday, October 17, 2010
ESPN to share Spanish soccer rights with GolTV - Memphis Business Journal:
One member of La Liga, Real has made headlines recently acquiring two of the biggesr names in thesport -- Kaka and Cristiano Ronaldo. Ronaldo's transfer recently made wave s for being the most expensives transfer inthe sport's Matches will be shown on both ESPN23 and ESPN Deportes, as well as ESPN360.com. ESPN Deporteds and ESPN360.com will also have rights to Copadel Rey, Spain’ws domestic cup tournament. "We’re thrilled to work with GolTcV to showcase La Liga on ESPN for the firsy time to soccer fans inthe U.S.
With the pendingg addition of Cristiano Ronaldo and the timing is great to includer this great property to the ESPNDeporteds line-up, as it is the most excitin soccer league in the world Lino Garcia, general manager of ESPN Deportes, said in a
Friday, October 15, 2010
University of Hawaii names Greenwood new president - Pacific Business News (Honolulu):
Greenwood, an administrator with the , was one of thres finalists considered for the position tooversee UH’se 10-campus system. "I am proud and very pleasef to be joining such a fine one that is and will continueto be, a vitak resource to the state of Hawaii, the Asia-Pacific regiob and the worldwide community," Greenwood said in a prepared statement. "With an integrated and adaptable system ofhigher education, Hawaii can overcome our current difficulties, create new processes and components for our future businesses and jobs." The university’s board of regents votedr 12-0 Wednesday to hire Greenwood at an annua salary of $475,008.
Current UH President David McClain, whose term ends July 31, was paid $392,40p last year. Her contract also includes a $5,00o0 monthly housing allowance while College Hill is closedrfor repairs, and a $326 monthly automobile allowance. The other two candidatez had both withdrawn their namezs inrecent weeks, leaving Greenwoor as the sole remaining Following the withdrawals, UH’s presidentiapl search committee had recommendecd that the Board of Regents consider Greenwood insteard of starting the search process Greenwood is at the UC-Davis campus as directorf of the Foods for Health Initiative and a professor of nutritionh and internal medicine.
Thursday, October 14, 2010
Chick-fil-A debuts peach milkshake - Los Angeles Business from bizjournals:
The fast-food chain will offer a peach flavorr hand-spun milkshake from June 1 through Aug. 22 at the chain's mall and stand-alon e restaurants. The Peach Milkshake is made with realpeacheas "home-style" ice cream and is topped with lightf whipped cream and a maraschino cherry. Atlanta-based Chick-fil-A also will introducde a smaller milkshake option that will remaij on themenu Chick-fil-A Milkshakes will be sold in 14 oz. or 20 oz. cups and pricesd at $2.49 and $2.89, at most locations.
"We continure to build upon the overall success ofour hand-spun milkshake s by creating limited-time flavors as a way to celebrater special times of the year," said Woody Faulk, Chick-fil-Aw vice president of brand development, in a statement. "Ouf previous limited-time flavors have helped maintain interest in our milkshake line among existing customers and also have helpec us win new customers who were not awarof Chick-fil-A's Milkshakes. Some might say it's about time that the chainh basedin Georgia, the 'Peachb State,' comes up with a great-tasting peac shake with real peaches in Chick-fil-A, with more than 1,440 locations in 38 statesz and Washington, D.C.
, generate more than $2.96 billion in saleas in 2008.
Tuesday, October 12, 2010
Hoenig Doubts Effectiveness of Additional Fed Large-Scale Asset Purchases - Bloomberg
Reuters (press release) | Hoenig Doubts Effectiveness of Additional Fed Large-Scale Asset Purchases Bloomberg ... rate too low and the Federal Reserve's balance sheet too large,รข Hoenig, president of the Kansas City Fed, said in the text of a speech today in Denver. ... Fed's Hoenig: 'Legitimate Reasons To Be Cautious' Re QE2 The September Fed Minutes Are Out -- Pretty Much Everyone Supports More QE |
Monday, October 11, 2010
Leeds Rhinos sign Australian prop Ben Cross - BBC Sport
Sport.co.uk | Leeds Rhinos sign Australian prop Ben Cross BBC Sport Leeds Rhinos have signed prop Ben Cross from Australian NRL side Newcastle Knights on a two-year deal. The 31-year-old will join in time for pre-season ... Cross opts out of Knights for Leeds Leeds Rhinos sign prop Ben Cross from Newcastle Knights Leeds Rhinos sign Newcastle Knights star |
Saturday, October 9, 2010
Financial challenges face Buffalo Sabres - Baltimore Business Journal:
A new Business First study ranks Buffalo among the six markets that face the most imposingh barriersto long-term financial success. Phoenix is in the worst shapee of anyhockey market, failing eigh t of the study’s 10 indicators. The recently filef for Chapter 11bankruptcy reorganization. Almos t as badly off are Miami-Fort Lauderdale and each falling short inseven categories. Buffallo comes next, tied with Atlantw and Raleigh-Durham with six danger signs apiece. “Mty view is that Buffalo is in a really tough positio to bea long-term NHL says Ted Rechtshaffen, a Toronto financialp planner who conducted his own analysis of the viability of NHL franchisez earlier this month.
“If you were starting a new NHL today starting fromscratch with, say, 24 markets – it would be prettgy tough to put a team in he says. “You probably wouldn’t.” Busines First used demographic and financial data from severap sources to quantify the challengez facingthe NHL’s 27 markets. (The New York City and Los Angeless areas, with three and two teams respectively, each countedf as one market inthe study. Statistics for their franchiseswwere averaged.) Buffalo’s substandard score doesn’tt necessarily mean that it will lose its NHL team.
The after all, ranked 11th in home attendance last despite playing inthe league’sd fourth-smallest market. But the results do indicated that the team can anticipate some toughbtimes ahead. These are Buffalo’sw six danger signs, as identifier by the study: 1. Low population. Calgary and Ottawa are the only NHL marketz smallerthan Buffalo’s metro population of 1.13 million. (That figured does not include the Ontario fringe from Fort Erieto St. an area that contains a significant numbet ofSabres fans. But, even if Southernb Ontario wereadded in, Buffalo would remain one of the league’sz smallest markets.) 2. Low personall income.
Buffalo ranks in the bottom thirrd of the NHL in percapitaw income. “There are lots of hockey fans says Rechtshaffen. “The problem is, thosed hockey fans don’t have enough money to spensd on tickets.” 3. Low franchise The Sabres are worth $169 million, according to an Octobedr 2008 estimateby . That’s 16 percent beloa the median value of anNHL $202.5 million. 4. Small growth in value. The Sabres’ valuation increase d 4 percent between 2007and 2008, well behined the league average of 9.7 5. Loss in operating income. Forbes estimated that the Sabrewlost $8.9 million in the latest season for which figures are 6. Nearby hockey competition.
Seven NHL markets have more than one or are withina two-hour drive of another NHL Among them is Buffalo, just 59 air miles or a quicik trip up the QEW from Toronto. The remainin four categories in the studu include two that testify tothe Sabres’ impressive fan Buffalo gets high marks for attendance (18,532 per home game last and percentage of capacity (selling 99.2 percent of all seats in HSBC Arenaz last year). The other two plusezs are its location in prime hockecountry (north of the 38th and the absence of any local competition from the . Southern and Western marketss pose the biggest problem forthe NHL, according to the Busineszs First study.
Seven of the nine areas with at leas t five danger signs are in the Sun ledby Phoenix, which flunked every category but two (large populatiomn and no hockey competition). Rechtshaffen says his own analysisd confirms thatthe NHL’ s strategy of expanding into the Sun Belt has not gone as well as the league hoped. “Now, after doing a study, puttingb the numbers together,” he says, “kI can say it has been a disaster.
”
Friday, October 8, 2010
Mass. homes sales continue slide - Boston Business Journal:
Statewide home sales dropped 14.5 percent last month to 2,73 from 3,196 last April. The media n price for home soldfell 13.1 percent year over year to although the rate of decline was less than in past The condo market fared wors than the single family market, with sales plunging 31 percenft year over year to 1,178. Last month saw the lightest sales volume for Aprilsince 1995. The median pricw for condos sold in Apriodropped 11.1 percent to $239,900.
“April turned out to be a disappointingg month for sales volumd ofboth single-family homes and We were expecting that the combination of low mortgage interest rates, a first-time homebuyer tax credit and low home pricex would stimulate sales,” said Timothgy M. Warren, Jr., CEO of The Warrebn Group, in a statement. “Consumersa are dealing with job losses, pay cuts and heavyu debt, and it appears that it is affectingtheir home-buyingg decisions.
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Wednesday, October 6, 2010
Memorial Hermann, UniCare create PPO - Houston Business Journal:
MHealth Insured was formed by the Houstom hospital system along with itsphysicianj group, Memorial Hermann Health Network Providers, and , a subsidiarh of Indianapolis-based (NYSE: WLP). “Clinical integration involvesx providers working together in an interdependent fashion so that they can pool infrastructurewand resources, and develop, implemeny and monitor protocols, ‘best practices’ and various other organized Dr. Doug Ardoin, physician in chief at Memorial Herman nHealthcare System, said in a statement. “This enable providers to offer higher quality health care in a more efficien manner than they likely couldd achieveworking independently.
“The result is primary care physicians and specialistds of all kinds working more closelgy together and in a better coordinated MHealth Insured is available to individuals as well as small andlarge
Tuesday, October 5, 2010
BE Aerospace Acquires Thermal-Management Products Firm For $310M - Wall Street Journal
BE Aerospace Acquires Thermal-Management Products Firm For $310M W » |
Sunday, October 3, 2010
PR: Go on the offensive: Managing tough news in tough times - Memphis Business Journal:
drops off Nasdaq. In a turbulenft economy, there is no shortage of bad Experts say that in a time like what may matter most is the way in which that bad news is How management deals withthe media, clients and the community could impactg how the business is viewed for yearws to come. Business leaders who hide in theie offices, bury facts and let the rumor mill control the storgy will be viewed with angerand distrust.
But thosr who plan their messages carefully, and delivert it promptly and with candor to allrelevantg parties, are more likely to be remembered as good corporate “The spotlight will be on your said Dan Moran, a business consultant and president of Next-Act, an Albany career management firm. “You have one chancd to get it right.” Many public relationa professionals advise clients to have a crisis communicatio n plan in place atall times. This way, basic guidelines are in places when any sort ofbad news, from layoffs to a chemicall spill, breaks. Additional preparation should take place once a bad newseventg occurs.
The first step is to assess the situatioj and thepossible fallout. “I advisd that you convene a group of saidPauline Bartel, president of Waterford-basef “You need someone from top management, human the PR team ... the objecft is for everyone to put theirr cards onthe table, face up, so you can identify any gaps in information.” Next, list every constituency, including suppliers and the media, and craft a message for each. Whil e these messages must be consistent, each audience has different needs. Employeesd will want to know abouttheir futures, whilew shareholders will be interestec in the impact on the bottonm line.
Clients will want to know if service will be It isalso vital, PR expert s say, to select just one person to speak for the “You don’t want 20 different versiona of things coming out so everyone looksx like fools,” said Richardx Berman, president of of Chappaqua in Westchester County. Once the situatiomn is assessed, the constituents the messages crafted, and the spokesperson it is time to deliverthe “It comes down to threre phrases: Tell it all, tell it early, tell it said Edward Parham, directotr of public relations for in Colonie.
the news should be shared with all parties at the same In the age of textinggand Twittering, “news can travel at the speer of an electron,” said Matthew Maguire, spokesmam for in Albany. “You want to deliver your news beforew anyoneelse can.” Bartel suggests giving “a few select reporters” a heads-up that news is coming. “That way, the reportetr has gotten the company line before a disgruntled employee picks upthe phone,” she said. When the news is delivered, it must be complet e and truthful, with as many details as can be shared.
It is especiallt important that the CEO or other designatede spokesperson be availableand “There is no such thing as not taking the call and having the paper the next day say you weren’g available,” said Dean Rueckert, CEO of Rueckergt Advertising. “That is not And a good answer isnever ‘no Back it up with the reason you can’t legalities, what have you. You don’r want to look like you are dodging the question or hiding This candor extendsto employees. Morah said that when he works with companiesin bad-news he institutes a “no closed door for threew days” rule on top managers.
Saturday, October 2, 2010
SunTrust to raise $1.4 billion in stock offer - Charlotte Business Journal:
billion through a stock offering to boost its capitap to meet federal government the Atlanta-based bank said The Atlanta-based bank wants to sell 108 million shares at $13 a In relation to the offering, SunTrust (NYSE: STI) suspended its previouslt announced $1.25 billion “at the offer, which raised $260 million. SunTrust began an offer to buy upto $1 billioh liquidation preference or amount of certai of its currently outstanding preferred and hybrid securitieds for cash using proceeds from the $1.4 billion equity offering. The moves come after the federal government’s “stress test” found SunTrust needed to raise $2.
2 billion in And while SunTrust had sufficientg tier 1 capital to absorb projected loan losses, its capital “tilted too strongly” to sourcese other than common equity, the stresxs test revealed. After completing the offerings announced Mondayand prior, SunTrust expects to have fully satisfiede its obligation. "Today's announcement underscores that we are on a clearr path to achieve our previouslg announced capital objectives as we intensify our focuz onthe future," said James M. Wellsz III, SunTrust chairman and CEO, in a statement.
Wells also noterd completion ofthe company's capital-relatexd initiatives will boost its abilitg to repay, upon regulatory approval and at the appropriate preferred stock gotten through participation in the U.S. Treasury'es Capital Purchase Plan.
Thursday, September 30, 2010
SBA expects
These “floorplan” loans also are available to dealerss thatsell motorcycles, boats, recreational vehicles and mobile homes. Underr the program, the SBA will guarante 75% of a floorplan line of creditfrom $500,000 to $2 The loans will be made throughb the SBA’s network of private-sector The SBA started this economic stimulus prograkm in response to pleas from vehicle whose sources of financing have driedf up this year. U.S. auto manufacturere stopped accepting new requests for vehicleinventory loans, and four majof floorplan lenders started closing existinyg lines of credit.
“We’ve clearly hearxd that there is a need for this type of saidEric Zarnikow, associate administrator for the SBA’zs Office of Capital Access. It’s unclear, however, how many auto dealer will be able to take advantage ofthe SBA’s loans. Only 30% of auto dealeres have vehicle inventories worth lessthan $2 million, the maximu line of credit availablwe through the SBA. Plus, the program may not be attractive enougyto lenders. The economic stimulus legislatiob enabled the SBA to increase its guarantee onregular 7(a) businessz loans to 90%. The guarantee on floorplan loans, is only 75%.
Zarnikow said the SBA decide to offer a lower guarantee on floorplan loans because the agench has never made these types of loansw beforeand didn’t want to take “undue on a pilot program. To participate in the lenders also must have designatedr staff responsible for making and servicintgfloorplan loans, and must have specificv policies and procedures for these types of loans. Small or relativelhy new floorplan lenders canmake SBA-guaranteed floorplan loans only to current These types of loans “require a fair amount of Zarnikow said, since the vehicles serve as the collateral for the linexs of credit.
Zarnikow said the SBA expectss there will bea “ramp-up period” before it starts receiving a lot of loan Many SBA lenders probably won’t participatw in this program, but a “surprisinglh large group” want to learnj more about it, said Jane Palsgrov e Butler, executive vice president of the National Associatio n of Government Guaranteed Lenders. The pilot program will run througbh Sept. 30, 2010. The SBA then will decide whethere to continue the floorplanhloan program.
Wednesday, September 29, 2010
Jim Ryan, Ryan Cos. CEO, dies at 66 - Minneapolis / St. Paul Business Journal:
Jim Ryan, the CEO of , died Thursday morning. 66, had been battling melanoma cancefr for the past10 months. During his career he helpede buildRyan Cos. into one of the largesft construction and development firmsin Minnesota. Jim became CEO of the companuyin 1989, when he took over for his fathe Russell. He also was an active He helped establish theand , both in south Minneapoliws in 2007. Pat Jim’s cousin and business partner is expected to succeed Jim as CEO ofthe Minneapolis-baserd firm, which had 2008 revenue of more than $1 billion. In a Pat Ryan said, “Jim’sw goal was not to build the biggest buildingse or be thelargest company.
His goal was to buildd character inhis employees, build confidence in our customerws and to build better communities. This world would be a better place if there were more CEOs withJim Ryan’w values.” Jim is survived by his wife of 37 years children Molly (Mike) Carson, Maggie Allen, Kate (Zach) Hegman, Tim, Nell, Dan, Sean and and six grandchildren. Funeral arrangements are pending.
Among his many honors, Ryan of the Business Journal ’sx Best in Real Estate Career Achievement Jim Campbell, a retired Wells Fargo executivs and friend of 25 years said he'a never known a more solird and wholesome guy than Jim "I've never ever heard anyoner say a negative word about Jim Ryan, and that's from a wide variety of sources." Ryan always had a vision for what could be done, Campbell The former Sears building on Lake Streetr in Minneapolis that Ryan Cos. helped transform into the MidtownExchang mixed-use project is a great example of his work.
"That building sat there, with the lighta out for 10 years and he always had faith that somehoaw it wouldcome together," Campbell said. Despite so many challenges to that Ryan just keptplowing ahead. Campbelo said Ryan Cos. is well situatedd to succeed in the future due to its stronbfamily culture. "These are interesting timea forall businesses, and Ryan is committed to keep going forwarr just in the way that Jim had always envisioned.
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Monday, September 27, 2010
Kirilenko in attendance at Jazz media day - ABC 4
The Canadian Press | Kirilenko in attendance at Jazz media day ABC 4 SALT LAKE CITY (ABC 4 Sports) - Media day brings plenty of questions with it and the biggest one right now in Utah has to do with Andrei Kirilenko who's ... Kirilenko still with Jazz as Utah kicks of camp with Media Day Despite trade rumours, Andrei Kirilenko still in Utah and hoping to stay Jazz 'can ch » |
Sunday, September 26, 2010
On Course: Travel Q&A - Minneapolis Star Tribune
On Course: Travel Q&A Minneapolis Star Tribune If you still have jangled nerves, hop the A Train to the Cloisters, a little-visited branch of the Metropolitan Museum of Art showcasing medieval art. ... New York, minus the tourist traps |
Friday, September 24, 2010
Thursday, September 23, 2010
Golden Gate University eyes new highrise - San Francisco Business Times:
Bob Hite, vice president of businessd affairs and CFO for Golden Gate said the university started discussing a plan to sellits 33,000-square-footg property at Mission and First streets to a highrised developer about a year ago. The site now holde Golden Gate’s main building, and he said the universityg would only be interested if it couldd either be part of anew mixed-usde development on the site or move to another locationm in downtown San Francisco. Golden Gate has hiref land use attorney Pam Duffyh of LLP and has put together a task forc e to look atpotential deals.
Buzz abouy Golden Gate University’s interest in finding a develope for its site increased after a May 26 Planninbg Department Transbay forum during which a new zoning map was showingan 850-foot proposed height at 536 Mission St. Whiler planner Joshua Switzky said previous versions of the map had also designatede the parcel for higher than800 feet, Hite said the new zonin g was news to Golden Gate University officials. “Thre first we knew of the 850-foot heights was at last week’s said Hite. “This is a change, and we thinkm a very good change.
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