MTV3 | Jenni Vartiainen nousee Kans » |
Thursday, June 30, 2011
Monday, June 27, 2011
Forman confident Bulls will sign Mirotic in 2-3 years - Chicago Tribune
yfimuna.wordpress.com
Chicago Tribune | Forman confident Bulls will sign Mirotic in 2-3 years Chicago Tribune There are myriad reasons general manager Gar Forman sounded confident the Bulls eventually will sign Nikola Mirotic, whose rights were acquired Thursday from the Timberwolves when the Bulls moved up in a ... |
Saturday, June 25, 2011
First Marblehead bank runs afoul of regulators - Kansas City Business Journal:
jidyryq.wordpress.com
That’s according to a cease and desis order issued against bythe , a federal bank regulator. Firsy Marblehead (NYSE: FMD), whose key business of packagingg student loans into securities hasdried up, now facea the prospect of pumping millions of dollares of capital into the small Rhods Island bank to bolster its capital. The OTS order says Firsft Marblehead is required to maintaia $30 million deposit at the bank untipl it is sold or the bank’sz concentration of private studenrt loans is reduced to 50 percent of Union Federal’s capital, plus any allowancs for loan losses.
First Marblehead also needs OTS approval beforde making any golden parachute paymenta tosenior executives, according to the ceasre and desist order. Union Federal Savingw Bank’s problems have been chroniclesd in previous stories by the BostonBusinessd Journal. Before being acquired by First Marblehead, Uniom Federal Savings had about $40 milliom in assets. But that balance sheet ballooned to morethan $600 millionm last year as Firsr Marblehead moved some $500 million in riskyg private student loans onto the bank’ws balance sheet. The bank has been unsuccessfu l in selling those loans while an escalating number of defaults have triggeredlargwe losses.
In the first quarter, for example, the Northj Providence-based bank lost $26.4 million, according to federal bank
That’s according to a cease and desis order issued against bythe , a federal bank regulator. Firsy Marblehead (NYSE: FMD), whose key business of packagingg student loans into securities hasdried up, now facea the prospect of pumping millions of dollares of capital into the small Rhods Island bank to bolster its capital. The OTS order says Firsft Marblehead is required to maintaia $30 million deposit at the bank untipl it is sold or the bank’sz concentration of private studenrt loans is reduced to 50 percent of Union Federal’s capital, plus any allowancs for loan losses.
First Marblehead also needs OTS approval beforde making any golden parachute paymenta tosenior executives, according to the ceasre and desist order. Union Federal Savingw Bank’s problems have been chroniclesd in previous stories by the BostonBusinessd Journal. Before being acquired by First Marblehead, Uniom Federal Savings had about $40 milliom in assets. But that balance sheet ballooned to morethan $600 millionm last year as Firsr Marblehead moved some $500 million in riskyg private student loans onto the bank’ws balance sheet. The bank has been unsuccessfu l in selling those loans while an escalating number of defaults have triggeredlargwe losses.
In the first quarter, for example, the Northj Providence-based bank lost $26.4 million, according to federal bank
Thursday, June 23, 2011
State Sen. Wonderling to lead Greater Phila. Chamber of Commerce - Austin Business Journal:
ntoifuisa.blogspot.com
Wonderling, 47, will begin his chambedr duties Aug. 1 and has signed on to a three-year “I’m very excited,” he “In many respects, it’s almosft a dream come true.” Wonderling will replace Mark Schweiker, a formerf Republican Pennsylvania governor who is leavingh to become president of the business process outsourcinv unit at in When Schweiker announced earlie r this year that he would resigb from the chamber after six some in the business community thought his departur gave the chamber a fresh chance to hire a minorityg or a female leader for the for the first time inthe organization’s 208-year history.
Wonderling was selected after achamber committee, with the help of Korn Ferrgy International, conducted a national search and vetted 150 candidatess for the post. The chamber did considet candidates from across the countrybut wasn’t surprisec a local was ultimately selected, said David L. chairman of the chamber’s board and executivse vice president atComcast Corp. Cohen went into the search figurinf that the region would likelyproducwe Schweiker’s replacement, he said.
“This represents a return home for Rob Cohen said, noting that 25 years ago and freshj out of college, Wonderling began a job with , an economi and environmental group, which was housed at the chamber offices. Wonderling, a Republican, is serving his seconde term as senatorfor Pennsylvania’s 24th which includes parts of northern Montgomert and Bucks counties plus portions of Lehigh and Northamptonj counties. He will resigbn from his senate seat and a replacementg will be overseen by Republicansenate leadership.
Wonderling said he woulx have decided later this year whetheer to run for a third term but his decisio n was expedited when Korn Ferry contacted him about thechambee job. “I felt this was an opportunitu to serve in adifferent way,” he said. He is past presidentr of Pennjerdel, was a deputy secretary of transportation for Pennsylvaniawunder Gov. Tom Ridge, and has also worked at Air Productx andChemicals Inc. of Allentown, Pa., and Bentleuy Systems Inc. in Exton, Pa.
In making the announcement at the chamber’ws offices, Cohen was flanked by Philadelphia Mayor Michael Joseph Frick, president and CEO of Independence Blue Cross; and Mary Stengep Austen, president and CEO of Tierneu Communications. Frick and Austen co-chaired the search committee. Cohemn said Wonderling brings to the job a strong voice from thebusinessd community, a fresh perspective on issues affecting the region, and experienced in the public “He brings by instinct a regionalo view of the world,” he Wonderling intends to carry out Cohen’s agenda for the chamber, which will focusx on education among other issues, and would like to see the chambet begin to focus more on young
Wonderling, 47, will begin his chambedr duties Aug. 1 and has signed on to a three-year “I’m very excited,” he “In many respects, it’s almosft a dream come true.” Wonderling will replace Mark Schweiker, a formerf Republican Pennsylvania governor who is leavingh to become president of the business process outsourcinv unit at in When Schweiker announced earlie r this year that he would resigb from the chamber after six some in the business community thought his departur gave the chamber a fresh chance to hire a minorityg or a female leader for the for the first time inthe organization’s 208-year history.
Wonderling was selected after achamber committee, with the help of Korn Ferrgy International, conducted a national search and vetted 150 candidatess for the post. The chamber did considet candidates from across the countrybut wasn’t surprisec a local was ultimately selected, said David L. chairman of the chamber’s board and executivse vice president atComcast Corp. Cohen went into the search figurinf that the region would likelyproducwe Schweiker’s replacement, he said.
“This represents a return home for Rob Cohen said, noting that 25 years ago and freshj out of college, Wonderling began a job with , an economi and environmental group, which was housed at the chamber offices. Wonderling, a Republican, is serving his seconde term as senatorfor Pennsylvania’s 24th which includes parts of northern Montgomert and Bucks counties plus portions of Lehigh and Northamptonj counties. He will resigbn from his senate seat and a replacementg will be overseen by Republicansenate leadership.
Wonderling said he woulx have decided later this year whetheer to run for a third term but his decisio n was expedited when Korn Ferry contacted him about thechambee job. “I felt this was an opportunitu to serve in adifferent way,” he said. He is past presidentr of Pennjerdel, was a deputy secretary of transportation for Pennsylvaniawunder Gov. Tom Ridge, and has also worked at Air Productx andChemicals Inc. of Allentown, Pa., and Bentleuy Systems Inc. in Exton, Pa.
In making the announcement at the chamber’ws offices, Cohen was flanked by Philadelphia Mayor Michael Joseph Frick, president and CEO of Independence Blue Cross; and Mary Stengep Austen, president and CEO of Tierneu Communications. Frick and Austen co-chaired the search committee. Cohemn said Wonderling brings to the job a strong voice from thebusinessd community, a fresh perspective on issues affecting the region, and experienced in the public “He brings by instinct a regionalo view of the world,” he Wonderling intends to carry out Cohen’s agenda for the chamber, which will focusx on education among other issues, and would like to see the chambet begin to focus more on young
Tuesday, June 21, 2011
Schumer: Help Delphi white-collar retirees - Business First of Buffalo:
ovaluleq.wordpress.com
On July 6, Sen. Charles Schumer, D-NY, wrote to GM Chiefc Executive Fritz Hendersonthat “treating the pensionxs of the salaried workers different than the pensionsz of the hourly workers is In a personal letter, Schumer asked Hendersom to reverse the decision to refer the pension plans of the white-collaf retirees to the federal He urged the automaker to treagt the salaried retirees the same as all the othe Delphi workers it was absorbin g and fully fund their pensions in addition to the pensions of other Delphi employees. Last week, 22 Congressional members led by Rep.
Christophe r Lee, R-Clarence, sent a letter askintg Treasury Secretary Timothy Geithner to help the whitecollat retirees. On behalf of the , the congressionall representatives asked Geithner to directthe president’sa Automotive Task Force to make public all documentd concerning a proposal to default the retirees’ pensions to the The lawmakers expressed concern over the “inequitable to default the retirees’ pensiom plan to the federal agency, while at the same time the pensiojn obligations of hourly workers are being picked up by GM, Delphi’s formere parent.
The bipartisan group cited estimates thatthe 15,000 Delphi salariede employees could lose as much as 70 percent of theifr pension payments if they are assignex to the PBGC. Mike Ricci, Lee’s communicationsz director, said on July 7 that the Treasurg Department confirmed receiving the letter and addeddthat “we expect a response in the next few “Meantime, Chris is continuing to explors options for ensuring that the Delphiu salaried retirees’ voices are heard,“ he Bankrupt GM is purchasing Delphi plante in Lockport and Rochester as part of its reorganization In April, Delphi canceledc the health insurance it provided for the white-collarr retirees.
On July 6, Sen. Charles Schumer, D-NY, wrote to GM Chiefc Executive Fritz Hendersonthat “treating the pensionxs of the salaried workers different than the pensionsz of the hourly workers is In a personal letter, Schumer asked Hendersom to reverse the decision to refer the pension plans of the white-collaf retirees to the federal He urged the automaker to treagt the salaried retirees the same as all the othe Delphi workers it was absorbin g and fully fund their pensions in addition to the pensions of other Delphi employees. Last week, 22 Congressional members led by Rep.
Christophe r Lee, R-Clarence, sent a letter askintg Treasury Secretary Timothy Geithner to help the whitecollat retirees. On behalf of the , the congressionall representatives asked Geithner to directthe president’sa Automotive Task Force to make public all documentd concerning a proposal to default the retirees’ pensions to the The lawmakers expressed concern over the “inequitable to default the retirees’ pensiom plan to the federal agency, while at the same time the pensiojn obligations of hourly workers are being picked up by GM, Delphi’s formere parent.
The bipartisan group cited estimates thatthe 15,000 Delphi salariede employees could lose as much as 70 percent of theifr pension payments if they are assignex to the PBGC. Mike Ricci, Lee’s communicationsz director, said on July 7 that the Treasurg Department confirmed receiving the letter and addeddthat “we expect a response in the next few “Meantime, Chris is continuing to explors options for ensuring that the Delphiu salaried retirees’ voices are heard,“ he Bankrupt GM is purchasing Delphi plante in Lockport and Rochester as part of its reorganization In April, Delphi canceledc the health insurance it provided for the white-collarr retirees.
Saturday, June 18, 2011
FedEx SmartPost leases part of big spec center in Olathe - Denver Business Journal:
http://venkateswara.org/q3_special_2010.htm
on Thursday signed a long-ternm lease for 126,000 square feet in the 602,000-square-fooft spec building completed in late 2008 at22101 W. 167tuh St. in Olathe. Constructed in respons to growing demand forlocal “big industrial space, the distribution center was developed by of Mass., and a partnership led by Dan a principal with in Kansas City. In 2007, when the 40-acre site for the structure was acquired, Jensebn said he would target large tenante that would take atleast one-thirr of the building. “We’re breakingg it a little smaller than we thought we Jensen said of theFedEd lease.
“But (landing) FedEx, we is a real endorsement for that buildinbg andthat location.” FedEx an expanding division of FedEx Grounr that delivers packages to U.S. postal facilities for final will use the space for sorting anddistributioh operations, Jensen said. “We’ve been workinf on this deal since October, which is indicatives of what’s going on in this economy,” Jensen said. “It’ds just a slow grind. But we do have some other dealss that aregetting closer.” Space in the new distributionm center is being marketed at $4.25 a foot plus operating tax, insuranced and maintenance costs.
However, tenants will be able to take advantages ofa 10-year, 50 percent property tax abatemengt the city of Olathe Banking on continuing demand in Olathe, Jensen’s partnershipo and Sun Life acquired 200 acres at the southwest cornef of 151st Street and Old 56 Highwayy late in 2008 for the eventuapl development of an additional 2.9 million square feet of industriapl space. “The industrial market has pulled back a littlwe bitsince then,” said Ed president of .
But Elder, who represented when a pre-recessio wave of logistics activity brought it to remains bullish on Southern Johnson County and the broade Kansas City area as growingh hubs inthe nation’s product-distribution network. In 2007, PacSunh opened a 400,000-square-foot warehouse on 74 acresd along167th Street, immediately northj of Jensen’s spec At the time, those marketing industrial properties in the area benefitedx from the planned development of a 1,000-acre industrial park surrounding a truck-rai intermodal facility near 196th Street and U.S. Highwayu 56 in Gardner.
BNSF announced earlt this year that the economy had prompted it to postpone indefinitel y construction on the rail portiomn of theproposed $735 million intermodal But Elder said the area’s existing assets, includingy quick access to Interstate 35 and other will be enough to attractf additional tenants once the economyh improves. “It helped promote and validatethat area,” Elder said of the BNSF “But PacSun got done without it. Kimberly-Clark did thei deal (for a 450,000-square-foot building near Gardner) withoug it. And Coleman obviously did not need to beon (an campus.” The latter reference was to a 1.1 million-square-foo distribution center that Inc.
is buildingt in the , a 151-acre industrial park at 175th Streetand U.S. Highwayg 56 in Gardner. Ken Block, one of Kansas City’s top announced in March that he was enterinf SouthernJohnson County’s emerging big-box industriak market at a site just east of the new Colema facility. Block, a principal of , leads an investmengt partnership that bought 229 acres at the northwest cornerr of 175th Street and Hedge Lane in Onthat site, Block & Co.
plana to develop a $275 million projec containing more than 3 million squarwe feet of industrial buildings during the next 10 to 12 Brent Hansen, research services manager for Grubbg & Ellis/the Winbury Group, said no industriakl vacancy statistics are available for the Southern Johnsonb County market. But the industrial vacancy rate for all of Johnsohn County in the first quarterdwas 6.3 percent, in line with the strong metrowidee average of 6.
1
on Thursday signed a long-ternm lease for 126,000 square feet in the 602,000-square-fooft spec building completed in late 2008 at22101 W. 167tuh St. in Olathe. Constructed in respons to growing demand forlocal “big industrial space, the distribution center was developed by of Mass., and a partnership led by Dan a principal with in Kansas City. In 2007, when the 40-acre site for the structure was acquired, Jensebn said he would target large tenante that would take atleast one-thirr of the building. “We’re breakingg it a little smaller than we thought we Jensen said of theFedEd lease.
“But (landing) FedEx, we is a real endorsement for that buildinbg andthat location.” FedEx an expanding division of FedEx Grounr that delivers packages to U.S. postal facilities for final will use the space for sorting anddistributioh operations, Jensen said. “We’ve been workinf on this deal since October, which is indicatives of what’s going on in this economy,” Jensen said. “It’ds just a slow grind. But we do have some other dealss that aregetting closer.” Space in the new distributionm center is being marketed at $4.25 a foot plus operating tax, insuranced and maintenance costs.
However, tenants will be able to take advantages ofa 10-year, 50 percent property tax abatemengt the city of Olathe Banking on continuing demand in Olathe, Jensen’s partnershipo and Sun Life acquired 200 acres at the southwest cornef of 151st Street and Old 56 Highwayy late in 2008 for the eventuapl development of an additional 2.9 million square feet of industriapl space. “The industrial market has pulled back a littlwe bitsince then,” said Ed president of .
But Elder, who represented when a pre-recessio wave of logistics activity brought it to remains bullish on Southern Johnson County and the broade Kansas City area as growingh hubs inthe nation’s product-distribution network. In 2007, PacSunh opened a 400,000-square-foot warehouse on 74 acresd along167th Street, immediately northj of Jensen’s spec At the time, those marketing industrial properties in the area benefitedx from the planned development of a 1,000-acre industrial park surrounding a truck-rai intermodal facility near 196th Street and U.S. Highwayu 56 in Gardner.
BNSF announced earlt this year that the economy had prompted it to postpone indefinitel y construction on the rail portiomn of theproposed $735 million intermodal But Elder said the area’s existing assets, includingy quick access to Interstate 35 and other will be enough to attractf additional tenants once the economyh improves. “It helped promote and validatethat area,” Elder said of the BNSF “But PacSun got done without it. Kimberly-Clark did thei deal (for a 450,000-square-foot building near Gardner) withoug it. And Coleman obviously did not need to beon (an campus.” The latter reference was to a 1.1 million-square-foo distribution center that Inc.
is buildingt in the , a 151-acre industrial park at 175th Streetand U.S. Highwayg 56 in Gardner. Ken Block, one of Kansas City’s top announced in March that he was enterinf SouthernJohnson County’s emerging big-box industriak market at a site just east of the new Colema facility. Block, a principal of , leads an investmengt partnership that bought 229 acres at the northwest cornerr of 175th Street and Hedge Lane in Onthat site, Block & Co.
plana to develop a $275 million projec containing more than 3 million squarwe feet of industrial buildings during the next 10 to 12 Brent Hansen, research services manager for Grubbg & Ellis/the Winbury Group, said no industriakl vacancy statistics are available for the Southern Johnsonb County market. But the industrial vacancy rate for all of Johnsohn County in the first quarterdwas 6.3 percent, in line with the strong metrowidee average of 6.
1
Thursday, June 16, 2011
Boomers show entrepreneurial spirit - New Mexico Business Weekly:
http://capitalrealestatewa.com/privacy.html
Job trends may increase entrepreneurial activityy amongolder Americans. “While people under age 30 have historically jumpede from jobto job, the most striking developmen today has been the deep drop in the incidencr of ‘lifetime’ jobs among men over age writes Dane Stangler, senior analyst at the foundationh and author of the study. The past year’xs economic upheavals also may produce more entrepreneurs amonv allage groups. “The very idea of institutions has been permanently Stangler writes. “Recent economic trendsx – away from lifetime jobs and towarfd more new companies will thus gain even greaterculturakl traction.
New and stronger regulations aimintg to prevent the rise of such giant organizations also may help creatse amore market-oriented society.” See www.kauffman.org.
Job trends may increase entrepreneurial activityy amongolder Americans. “While people under age 30 have historically jumpede from jobto job, the most striking developmen today has been the deep drop in the incidencr of ‘lifetime’ jobs among men over age writes Dane Stangler, senior analyst at the foundationh and author of the study. The past year’xs economic upheavals also may produce more entrepreneurs amonv allage groups. “The very idea of institutions has been permanently Stangler writes. “Recent economic trendsx – away from lifetime jobs and towarfd more new companies will thus gain even greaterculturakl traction.
New and stronger regulations aimintg to prevent the rise of such giant organizations also may help creatse amore market-oriented society.” See www.kauffman.org.
Tuesday, June 14, 2011
MassMutual Retirement Services Achieves 'All-Time High' Sponsor Satisfaction Levels
adatynu.wordpress.com
June 4 /PRNewswire/ -- MassMutual's Retirement Services Division is pleased to announce that results of its proprietar 1st Quarter 2009 Client Satisfactiom Survey indicate that overall plan sponsofr satisfaction is atan all-time high. MassMutual enlistsz Chatham Partners to conduct a quarterly survey as part of its ongoinf commitment to understand the needs and satisfactioj levels of clients across all plantypes (full-servicde defined contribution, defined benefit, total retirement servicees and TPA Alliance) and sizes (less than $1 million to more than $300 MassMutual uses the information gathered from the survey to guidw its continuous improvement For the recently completed 1st Quarter 2009 surveyt of full-service defined contribution clients, the percentage of MassMutual clientd who are "very satisfied" is at its all-timr highest level overall.
Chatham Partners defines a client asbeinbg "very satisfied" based on a score of 6 or 7 on a scalwe of 1 (lowest) to 7 A "Best in Class" ratingy is assigned when more than 85% of clientz rate the service a 6 or a 7. MassMutualp earned a total of 19 "Besyt in Class" scores overall and earned its all-time highestr ever "very satisfied" ratings in each of the following -- Overall satisfaction -- Processing of employe e transactions -- Participant services -- Personnel -- Plan sponsorf services (testing, 5500s, consulting services) In the Plan Sponsoer Services category, which is by far the biggesft driver of satisfactionand loyalty, MassMutual's top 2 box scors is also at an all-time high in key areasd such as: Scores have also risen in most otheer areas including relationship management, accountf management, processing, employee education, call center representativesa and fee disclosure.
"Thesse scores reflect MassMutual's responsiveness and actionse taken based on the valuable feedback we receiv efrom clients. This is our ongoing commitment to qualittyand world-class service," says , executive vice president of MassMutual'ws Retirement Services Division and chairman and CEO of MassMutuapl International LLC. "Given the market conditions in the 4th quartert of 2008 and 1st quarterof MassMutual's ability to improve client perceptions regarding its service delivert is impressive," says , managing partner, Chatham Partners. For more information about MassMutualRetirement Services, please contact your retiremenf plan advisor or call MassMutual at 626-4911.
You may also visit MassMutual at . MassMutual's Retirement Services Divisiob has been serving retirement plans for more than 60 It offers a full rangee of products and servicesfor corporate, nonprofit and governmental employers' defined benefit, defined contributio and nonqualified deferred compensation plans. It servews approximately one million participants. MassMutua l Financial Group is a marketingf name for Massachusetts Mutual Life InsurancdeCompany (MassMutual) and its affiliatedr companies and sales representatives. MassMutual and its subsidiariezs had morethan $360 billion in assets underf management at year-end 2008.
Assets under management include assetes and certain external investment funds managedby MassMutual'ws subsidiaries. Founded in 1851, MassMutual is a mutually owne dfinancial protection, accumulation and income management companyt headquartered in Springfield, Mass. MassMutual's majofr affiliates include: OppenheimerFunds, Inc.; Babsonh Capital Management LLC; Baring Asset Managemenr Limited; Cornerstone Real Estate Advisers LLC; The First Mercantile Trust MMLInvestors Services, Inc., member FINRsA and SIPC ( and ); MassMutual International LLC and The MassMutuapl Trust Company, FSB. MassMutual is on the Internetfat .
Chatham Partners is a marketf research and consulting firm specializing in assisting clients in maximizingh the valueof past, current and future customere and intermediary seller relationships throughb customer satisfaction , and intermediary analysis. Chatham Partners, Inc. was foundedd in 1991 and is basedin Waltham, For additional information, please call , Managingv Director of Chatham Partners, at 781-314-06090 or visit . Copyright (C) 2009 Massachusettzs Mutual Life Insurance Company and affiliates, Springfield, MA 01111-0001. All rightsz reserved. Contact: Lisa Reilly 413-744-058i lreilly@massmutual.
com
June 4 /PRNewswire/ -- MassMutual's Retirement Services Division is pleased to announce that results of its proprietar 1st Quarter 2009 Client Satisfactiom Survey indicate that overall plan sponsofr satisfaction is atan all-time high. MassMutual enlistsz Chatham Partners to conduct a quarterly survey as part of its ongoinf commitment to understand the needs and satisfactioj levels of clients across all plantypes (full-servicde defined contribution, defined benefit, total retirement servicees and TPA Alliance) and sizes (less than $1 million to more than $300 MassMutual uses the information gathered from the survey to guidw its continuous improvement For the recently completed 1st Quarter 2009 surveyt of full-service defined contribution clients, the percentage of MassMutual clientd who are "very satisfied" is at its all-timr highest level overall.
Chatham Partners defines a client asbeinbg "very satisfied" based on a score of 6 or 7 on a scalwe of 1 (lowest) to 7 A "Best in Class" ratingy is assigned when more than 85% of clientz rate the service a 6 or a 7. MassMutualp earned a total of 19 "Besyt in Class" scores overall and earned its all-time highestr ever "very satisfied" ratings in each of the following -- Overall satisfaction -- Processing of employe e transactions -- Participant services -- Personnel -- Plan sponsorf services (testing, 5500s, consulting services) In the Plan Sponsoer Services category, which is by far the biggesft driver of satisfactionand loyalty, MassMutual's top 2 box scors is also at an all-time high in key areasd such as: Scores have also risen in most otheer areas including relationship management, accountf management, processing, employee education, call center representativesa and fee disclosure.
"Thesse scores reflect MassMutual's responsiveness and actionse taken based on the valuable feedback we receiv efrom clients. This is our ongoing commitment to qualittyand world-class service," says , executive vice president of MassMutual'ws Retirement Services Division and chairman and CEO of MassMutuapl International LLC. "Given the market conditions in the 4th quartert of 2008 and 1st quarterof MassMutual's ability to improve client perceptions regarding its service delivert is impressive," says , managing partner, Chatham Partners. For more information about MassMutualRetirement Services, please contact your retiremenf plan advisor or call MassMutual at 626-4911.
You may also visit MassMutual at . MassMutual's Retirement Services Divisiob has been serving retirement plans for more than 60 It offers a full rangee of products and servicesfor corporate, nonprofit and governmental employers' defined benefit, defined contributio and nonqualified deferred compensation plans. It servews approximately one million participants. MassMutua l Financial Group is a marketingf name for Massachusetts Mutual Life InsurancdeCompany (MassMutual) and its affiliatedr companies and sales representatives. MassMutual and its subsidiariezs had morethan $360 billion in assets underf management at year-end 2008.
Assets under management include assetes and certain external investment funds managedby MassMutual'ws subsidiaries. Founded in 1851, MassMutual is a mutually owne dfinancial protection, accumulation and income management companyt headquartered in Springfield, Mass. MassMutual's majofr affiliates include: OppenheimerFunds, Inc.; Babsonh Capital Management LLC; Baring Asset Managemenr Limited; Cornerstone Real Estate Advisers LLC; The First Mercantile Trust MMLInvestors Services, Inc., member FINRsA and SIPC ( and ); MassMutual International LLC and The MassMutuapl Trust Company, FSB. MassMutual is on the Internetfat .
Chatham Partners is a marketf research and consulting firm specializing in assisting clients in maximizingh the valueof past, current and future customere and intermediary seller relationships throughb customer satisfaction , and intermediary analysis. Chatham Partners, Inc. was foundedd in 1991 and is basedin Waltham, For additional information, please call , Managingv Director of Chatham Partners, at 781-314-06090 or visit . Copyright (C) 2009 Massachusettzs Mutual Life Insurance Company and affiliates, Springfield, MA 01111-0001. All rightsz reserved. Contact: Lisa Reilly 413-744-058i lreilly@massmutual.
com
Saturday, June 11, 2011
'Teen Mom': Amber Portwood cites 'Mob Wives' in TV fights discussion - Examiner.com
efimtsovavadan.blogspot.com
'Teen Mom': Amber Portwood cites 'Mob Wives' in TV fights discussion Examiner.com If there is one person who knows a thing or two about fights that end up on television, it's Amber Portwood. The "Teen Mom" star recently avoided jail time following her on-screen scuffle with ex Gary Shirley, but she has gone through plenty ever since ... |
Thursday, June 9, 2011
Burns & Scalo founder dies - Puget Sound Business Journal (Seattle):
ernstiryastrov.blogspot.com
He succumbed to prostate cancer Monday at the age of 78 at his home in PalmBeachh Gardens, Fla., where he has livedd since 1995. One of 14 children of Italiann immigrants, Scalo and longtime businessw partnerRichard “Duke” Burns, whom he firstt met as a laborer for a roofing launched Burns & Scalo Roofing in growing it into one of the largest commercia l roofing companies in the United States.
The partners parlayec the success of the roofing company into a real estated firm that today is usually an active bidder and buyer of major properties in the continues to pursueambitious developments, and offersd a range of services that include everything from brokerage to properth management. Starting in the 1980s, Scalo began grooming his twin sons, Jim and to take over the company and graduallyu stepped away from the businesses in theearlyh 1990s.
Jim Scalo remembered his father’s ambition, hard work and “My father’s life, I believe, capturez the values that Americans most admire and are at the centerr of what makesPittsburghers special,” said Scalo, in a preparefd statement. “He was born into a familh of limited means but with no lackof caring, he had ambition to build something of he was dedicated to hard work, and broughty a sense of fairness to everything he Jack Scalo recalled his father’s dedication. “I will alwayzs remember a wood box he had on his desk with a sign thatread ‘Secretf for Success,’” he said.
“Whehn you opened the hinge, it read, ‘Hare Work.’” An Air Force Scalo served his country in theKorean War, workint as a medic and attaining the rank of sergeant. Beside his sons, Scalo is survived by his wife of56 years, Patricia Donagah Scalo, a daughter, Lisa Scali McMenamin, a Pittsburgh interior and eight grandchildren.
He succumbed to prostate cancer Monday at the age of 78 at his home in PalmBeachh Gardens, Fla., where he has livedd since 1995. One of 14 children of Italiann immigrants, Scalo and longtime businessw partnerRichard “Duke” Burns, whom he firstt met as a laborer for a roofing launched Burns & Scalo Roofing in growing it into one of the largest commercia l roofing companies in the United States.
The partners parlayec the success of the roofing company into a real estated firm that today is usually an active bidder and buyer of major properties in the continues to pursueambitious developments, and offersd a range of services that include everything from brokerage to properth management. Starting in the 1980s, Scalo began grooming his twin sons, Jim and to take over the company and graduallyu stepped away from the businesses in theearlyh 1990s.
Jim Scalo remembered his father’s ambition, hard work and “My father’s life, I believe, capturez the values that Americans most admire and are at the centerr of what makesPittsburghers special,” said Scalo, in a preparefd statement. “He was born into a familh of limited means but with no lackof caring, he had ambition to build something of he was dedicated to hard work, and broughty a sense of fairness to everything he Jack Scalo recalled his father’s dedication. “I will alwayzs remember a wood box he had on his desk with a sign thatread ‘Secretf for Success,’” he said.
“Whehn you opened the hinge, it read, ‘Hare Work.’” An Air Force Scalo served his country in theKorean War, workint as a medic and attaining the rank of sergeant. Beside his sons, Scalo is survived by his wife of56 years, Patricia Donagah Scalo, a daughter, Lisa Scali McMenamin, a Pittsburgh interior and eight grandchildren.
Tuesday, June 7, 2011
Rachlin to merge with N.Y. firm - South Florida Business Journal:
manuscripts-shuwatu.blogspot.com
Newsletter Inside Public Accounting rankedMarcum & Kliegmanh the nation's 23rd-largest accounting firm for 2008, with net revenu e of $123.26 million. It had a 28 percent growt rate. Miami-based Rachlin ranked 81st, with $36 million in net revenu e and a 3 percent growth After the June1 merger, the combined firm will be knownb as Marcum in the Northeast, and Rachlin will change its name to MarcumRachlin, a division of Marcujm LLP. The combined firm would have rankeed 20th on the Inside Public Accounting list basedon $159 milliojn in net revenue. The combined firm will have more than 800 including84 partners, in 10 locations in New York, New Connecticut, Florida and Grand Cayman.
In the South Florid Business Journal 's 2009 Book of Lists, Rachlin listed 208 stafr members, 26 partners, 61 CPAs and four offices. A news releasd said the firms’ various strengths will be Marcum & Kliegman is known for handling SEC registrants, offering alternative investment partnerships and providing familh office services, the news release said. Rachlin is known for work in the bankruptcy, receivership, public and not-for-profit sectors. “Thise is a tremendous benefit for our bringing together our shared commitment to the highest level of personal service and a deptnh of talent that is unique in the saidJeffrey M.
Weiner, managing partner of Marcumm and chairman/CEO of the Marcum Group, in a news release. Weiner’se biography says he joined the firm in 1981 and becamed managing partner in 1990 when it had only 20 employee andone office. The biography on Marcus Kliegman's Web site, www.mkllp.com, said he is an expergt on personal business management for the entertainment industry and was an executiver producer of thefilms "The Bournre Supremacy" and "The Bourne Ultimatum," starring Matt Damon. He also was an executivew producefor "The Chancellor Manuscript," a movies starring Leonardo DiCaprio that'w expected to be released in 2011.
Rachlinh Managing Partner Lawrence Blum, who will be managing partnet of MarcumRachlin, said: “Combining forces only enhances what wecan do." Blum also is chairmamn of , a position he assumexd after former Chairman Alfred Camner, who has the largesf ownership stake, stepped down amid growing losses on optionh adjustable-rate mortgage loans. The reportedly closed bidding for the bank earlierthis week. MarcumRachlinh will continue to offer nontraditional services including staffing andexecutives placement, as well as marketing and graphicc design, the news release said. The firm also will continus to support the local community through itscharitables foundation.
The Marcum Group also includes M&K Rosenfarg LLC, M&K InterNetworking Security Services LLC, M&K Executive Search LLC, M&K Financial Services LLC and M&K Investmengt Advisors LLC.
Newsletter Inside Public Accounting rankedMarcum & Kliegmanh the nation's 23rd-largest accounting firm for 2008, with net revenu e of $123.26 million. It had a 28 percent growt rate. Miami-based Rachlin ranked 81st, with $36 million in net revenu e and a 3 percent growth After the June1 merger, the combined firm will be knownb as Marcum in the Northeast, and Rachlin will change its name to MarcumRachlin, a division of Marcujm LLP. The combined firm would have rankeed 20th on the Inside Public Accounting list basedon $159 milliojn in net revenue. The combined firm will have more than 800 including84 partners, in 10 locations in New York, New Connecticut, Florida and Grand Cayman.
In the South Florid Business Journal 's 2009 Book of Lists, Rachlin listed 208 stafr members, 26 partners, 61 CPAs and four offices. A news releasd said the firms’ various strengths will be Marcum & Kliegman is known for handling SEC registrants, offering alternative investment partnerships and providing familh office services, the news release said. Rachlin is known for work in the bankruptcy, receivership, public and not-for-profit sectors. “Thise is a tremendous benefit for our bringing together our shared commitment to the highest level of personal service and a deptnh of talent that is unique in the saidJeffrey M.
Weiner, managing partner of Marcumm and chairman/CEO of the Marcum Group, in a news release. Weiner’se biography says he joined the firm in 1981 and becamed managing partner in 1990 when it had only 20 employee andone office. The biography on Marcus Kliegman's Web site, www.mkllp.com, said he is an expergt on personal business management for the entertainment industry and was an executiver producer of thefilms "The Bournre Supremacy" and "The Bourne Ultimatum," starring Matt Damon. He also was an executivew producefor "The Chancellor Manuscript," a movies starring Leonardo DiCaprio that'w expected to be released in 2011.
Rachlinh Managing Partner Lawrence Blum, who will be managing partnet of MarcumRachlin, said: “Combining forces only enhances what wecan do." Blum also is chairmamn of , a position he assumexd after former Chairman Alfred Camner, who has the largesf ownership stake, stepped down amid growing losses on optionh adjustable-rate mortgage loans. The reportedly closed bidding for the bank earlierthis week. MarcumRachlinh will continue to offer nontraditional services including staffing andexecutives placement, as well as marketing and graphicc design, the news release said. The firm also will continus to support the local community through itscharitables foundation.
The Marcum Group also includes M&K Rosenfarg LLC, M&K InterNetworking Security Services LLC, M&K Executive Search LLC, M&K Financial Services LLC and M&K Investmengt Advisors LLC.
Saturday, June 4, 2011
Minority unemployment almost double white joblessness - Dayton Business Journal:
manuscripts-shuwatu.blogspot.com
percent of white workers who are without according tothe . The on Tuesday reported June unemploymenrt figures, noting minority workers have been disproportionatelyy affected bythe “Latino and African American workers have seen the worst of this said Janet Murguia, president and chief executive officefr of NCLR. “Though the outlook may seem minority communities are invested in the promising deceleratiohnof unemployment.
” “While families everywheres struggle with higher unemployment and fewer African American and Hispanic families continue to see higher unemployment than White alongside large losses in equityt from the nationwide declinee in home prices and record ratee of foreclosure. The American Recovery and Reinvestment Acti is pumpingb billions of dollars into communitiews nationwide and we are beginning to see the fruits of that effortf as the pace of joblossex slows,” said Heather Boushey, senior economist for .
percent of white workers who are without according tothe . The on Tuesday reported June unemploymenrt figures, noting minority workers have been disproportionatelyy affected bythe “Latino and African American workers have seen the worst of this said Janet Murguia, president and chief executive officefr of NCLR. “Though the outlook may seem minority communities are invested in the promising deceleratiohnof unemployment.
” “While families everywheres struggle with higher unemployment and fewer African American and Hispanic families continue to see higher unemployment than White alongside large losses in equityt from the nationwide declinee in home prices and record ratee of foreclosure. The American Recovery and Reinvestment Acti is pumpingb billions of dollars into communitiews nationwide and we are beginning to see the fruits of that effortf as the pace of joblossex slows,” said Heather Boushey, senior economist for .
Thursday, June 2, 2011
GE Healthcare opens $165M N.Y. plant - The Business Journal of Milwaukee:
qalymeled.wordpress.com
The new 230,000-square-foot facility includes a 60,000-square-foo cleanroom. The digital X-rayu detectors that will be made at the plant are used inmammograjm screening, a growing $1 billion market for breasft cancer testing. Much like the transition from paper medicaol records to streamlined electronicxrecord keeping, digital X-rays are slowly replacingg traditional film X-ray machines. In addition to the 100 new jobs scheduledc forthe plant, 50 people will transfer to the tech park from GE’zs research center in Niskayuna, N.Y.
Positions at the new site will include 15 15 administrators and 120 technicians and support stafrf with an average annual salary of The plant is expected to have an annua payrollof $10 million. GE developed its digital X-ray technology at GE Global Researcyin Niskayuna. GE said this is the company’w first expansion of high tech medicalp equipment manufacturing by its healtyh care operation intoNew ”This a wonderful example of how a long-term commitmeng to technology can spur the growth of our manufacturing base and create new, high-tech jobs,” said Mark GE senior vice president and director of the research GE Healthcare, which manufactures medicap imaging equipment in Waukesha along with other operationsa throughout the Milwaukee area, spent 15 years and more than $200 million developinb its digital flat panel X-ray The flat-panel detector is a critical component of an X-rat system and plays a role in providinyg an improved image.
The new 230,000-square-foot facility includes a 60,000-square-foo cleanroom. The digital X-rayu detectors that will be made at the plant are used inmammograjm screening, a growing $1 billion market for breasft cancer testing. Much like the transition from paper medicaol records to streamlined electronicxrecord keeping, digital X-rays are slowly replacingg traditional film X-ray machines. In addition to the 100 new jobs scheduledc forthe plant, 50 people will transfer to the tech park from GE’zs research center in Niskayuna, N.Y.
Positions at the new site will include 15 15 administrators and 120 technicians and support stafrf with an average annual salary of The plant is expected to have an annua payrollof $10 million. GE developed its digital X-ray technology at GE Global Researcyin Niskayuna. GE said this is the company’w first expansion of high tech medicalp equipment manufacturing by its healtyh care operation intoNew ”This a wonderful example of how a long-term commitmeng to technology can spur the growth of our manufacturing base and create new, high-tech jobs,” said Mark GE senior vice president and director of the research GE Healthcare, which manufactures medicap imaging equipment in Waukesha along with other operationsa throughout the Milwaukee area, spent 15 years and more than $200 million developinb its digital flat panel X-ray The flat-panel detector is a critical component of an X-rat system and plays a role in providinyg an improved image.
Subscribe to:
Posts (Atom)