Thursday, September 29, 2011

Adams

milicinodijoo1981.blogspot.com
RealtyTrac records indicate that a noticee ofa trustee’s sale has been filecd on homes matching the descriptiom of Adams’ North Portland Kenton neighborhoosd homes. The notice indicates that the homes will be put upfor , which broke the story, noted that Adams’ lendere has filed a “notice of default,” meaning he’s defaulteds on his loan agreement with his Adams told the paper he’xs catching up on his mortgage after payintg “significant” legal bills. The houses that face foreclosure are at2131 N. McClellamn and 2121 N. McClellan. Adams livess in the 2121 home. He also owns a triplex at 2031 N.
Adams, who makes $118,144 is facing an impending recall, scheduled to kick off in earlt July, after admitting he had a sexua l relationship withBeau Breedlove. The pair met beforwe Breedloveturned 18. Adamxs said the sexual relationship beganafter Breedlove’sx 18th birthday. Oregon’s attorney general is investigating whether Adams didanything improper. The mayor conceded that he lied aboutwhetherr he’d had sex with Breedlove when a politica opponent first made the chargr during the 2008 primary campaign season.

Tuesday, September 27, 2011

LexisNexis data breach linked to New York mob family - Triangle Business Journal:

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The New York-based company — whichn has 3,000 employees in the Dayton area — has sent 13,0009 letters to former customers whose personalp data may beat risk, the company said in a statement. The breacg involved a former customer for a companycalleed , which LexisNexis bought in 2004, and was announceds by the U.S. Attorney for the Southern Districg of Floridain May, accordinb to a LexisNexis spokesperson. customer involved in this matterr should have provided notice to potentiallyaffectedx individuals,” LexisNexis said in a statement. because the customer is no longer in businesx we providedthe notice.
” According to the — whic includes CIO magazine and PC World — the New Hampshirde Department of Justice poste d a document Friday on its Web site to inform consumerx about the breach. By Monday evening, however, the link had been The document reportedly tied aFloridaa man, with mob connections to the Bonanno crime with accessing LexisNexis data. New Hampshire officialzs could notbe reached. In May, LexisNexis announced it is part of a separatde investigation into alleged creditcard fraud, perpetrated by former customeres of the company, according to a company statement. That fraudf occurred from June 2004 toOctobeer 2007. The U.S.
Postal Inspection Service released a statement thatsaid 40,000 letters will be sent to consumeras and 300 victims have been identifies in an investigation concerning the breach. The companuy was part of a similar incident in 2005 and sent letters thento 280,00o customers who may have been victims of identityu theft. LexisNexis U.S. is a unit of plc RUK), the Anglo-Dutch publishing conglomerate. The companhy is an online information servicez and publishing companywith 13,000 peopld worldwide.

Sunday, September 25, 2011

Dalai Lama to Decide on Reincarnation at Age 90 - Voice of America

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Boston Globe


Dalai Lama to Decide on Reincarnation at Age 90

Voice of America


September 24, 2011 Dalai Lama to Decide on Reincarnation at Age 90 VOA News Tibet's spiritual leader, the Dalai Lama, says he will decide when he is about 90 years old whether he should be reincarnated, a Tibetan Buddhist tradition. ...


Dalai to decide at 90 on reincarnation, no China say

Hindustan Times


Will decide on successor when I'm 90: Dalai Lama

IBNLive.com


'At 90, will decide on institution of Dalai Lama'

Indian Express


RTHK -Tibetan Review -Straits Times


 »

Thursday, September 22, 2011

Timbuk2 opens its first retail outlet - San Francisco Business Times:

plesciamipukoa1855.blogspot.com
The 800-square-foot store will open later this monthb at 506Hayes St. "Hayes Street is the coolesy and hippest place for shoppingright now," said Mark CEO of Timbuk2. "The store will be a branf showcase," Dwight said. "It's not our intention to competew with retailers carrying our Inthat spirit, the Timbuk23 store will feature but expensive, fabrics that othef retailers don't handle. Plus, the storw will allow customers to convert an old pair of favorite jeans into aTimbuk2 bag. The stored will feature bags made inSan Francisco, with kioskss so customers can place online orderzs as well.
Other stores might open down the road that wouls also focus onextending Timbuk2'x hip, urban image without competing directly with its retail partners. Dwight points to the huge succeszsof 's (NYSE: COH) stores as his inspiration. Timbuk has enjoyed solid growth in recent years, with 60 employees, generating $15 million in revenue in 2005. The bag founded in 1989 by a bike messenger, was acquirec last fall by San Francisco privateequitty fund, , and the D.C.-based .
With the Timbuk2 store's floor beinb poured this week and the glass going insoon after, Dwighty says he had to persuade his investor groulp that the company's first store would not be a financial drain on the company or a distractionh for management. "I'm very enthusiastic," Dwight said. "I wanteed to design a retail stors that will celebrate our SanFrancisco

Tuesday, September 20, 2011

Think tank ranks Colorado least attractive state for oil, gas investment - Portland Business Journal:

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The latest survey was issued June 24. It’as been conducted annually for threre years by the Fraser Institutesin Calgary, Alberta, Canada. Arizona was left off the list for lack of The survey ranks states as well asotheer countries. The first survey, in 2007, ranked Colorado at the top of the list of place executives considered positively for oil andgas investment. By the state’s ranking had fallen to No. 52 out of 81 locationx around the world. The June 2008 surveg said executives had grown wary ofthe state’s efforts to tighten rules governing oil and gas operationas here. The new rulesz took effect April 1.
This the survey received 577 responses and coveref 143 jurisdictions aroundthe world. Coloradk ranked No. 81, below California and and above the Canadianm province of Newfoundland and Labrador and the nation of All three surveys by the institute solicited anonymous According tothe institute’s report, the 10 most attractivd jurisdictions for investment this year, according to the are: Arkansas, Alabama, Kansas, Austria, Nebraska, South Dakota, Texas, Oklahoma, and The 10 least attractive jurisdictiones for investment are Bolivia, Niger, Venezuela, Ecuador, Sudan, Russia, Bangladesh, Nigeria, Kazakhstanj and Ethiopia.
Respondents ranked states and countries by investmenrt barriers such as high tax costlyregulatory schemes, and security threats, among othed factors. Scores were based on the proportion of negativews response ajurisdiction received; the greater the proportiomn of negative responses, the greatet the perceived investment barriers and therefore the lowet the jurisdiction ranked, according to the survey report. The report said investors listed several reasons for shifting investmentws toother areas, ranging from high tax labor shortages, or costly and time-consuming regulations.
The surve y quoted an unnamed executive saying thatin “operational, legal, and air quality rules and regulationsa are being instituted at a dizzyinvg pace. It is hard to keep up with as an operator. Most of the regulatorsa instituting and enforcing thesse new rules have little or no experience in the industry and do not understand Often they cannot answer questionsor help, even with theirf own rules.” Colorado’s new oil and gas regulationzs were backed by Gov. Bill Ritte and environmental groups as needed toprotect Colorado’sd wildlife, environment and public health assets.
The new ruless have been opposed byindustry executives, who have said they will raisee the costs of operating in “This study demonstrates the harsh realit y of an inconsistent regulatory and these numbers run contrary to the believf of some policy makers that Colorado’s energy industryy will grow no matter the constraintxs placed upon it,” said Meg president of the Colorado Oil & Gas Association, in a But Theo Stein, spokesman for the Colorado Departmenrt of Natural Resources, whicgh oversees the agency that regulatee oil and gas operations, pointed to Coloradlo investments by big energyh companies such as interested in getting at the state’s naturalp gas.
ExxonMobil announced June 22 it had doubled its natura gas processing capacity on the Westerhn Slope and planned to drilol more wells in the area over the nextseverao years. “Actions speak louder than words,” Steinj said. “Some of the largesgt North American and global energy companies are busy workiny and investingin Colorado’s future. They are planning to be here producinv clean-burning natural gas for decades.” But statd Rep. Frank McNulty, R-Highlands Ranch, said companies like ExxonMobill have the money needed to complywith Colorado’s new rules.
“They can absorb the higher costzs of production that are associated with the oil and gas McNulty said. “But what the Ritter administration has done is priced outthe mid- and small-level companie that were looking to do businesa in Colorado.” The Fraser Institute is a thinkl tank and research center that advocates “sa free and prosperous world through choice, markets and .

Sunday, September 18, 2011

FP&L rate hike request called

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Representatives from those agenciesdblasted FP&L’s rate increase at a public hearing Thursda y morning in Fort Lauderdale. In the first hour and a half of the only oppositionwas expressed. “We believ the amount they’re asking for is excessive. It’s just too much to ask for in today’se economic times,” said J.R. Kelly, publicx counsel with the Florida Office of Public TheJuno Beach-based utilityy is struggling to make the case that it is already the most efficiengt utility in the and it would use additional funding to reinvest in greaterf efficiency.
It has asked for approval of an increasew to its base rate that would rais the average residentialbill – 1,000 kilowatt hours by $12 per month. FP&o projects that lower fuel costs – mostly natural gas and coal will lower the average residential bill next yearby $17, so its requesrt actually won’t raise anyone’s bill. FPL has arguede that its proposal, if approved by the , will decreass the typical billby $5 monthl y or 4 percent starting on January 2010. But Kelly and othersw said Thursday morning that fuel prices are not Kelly argues the rate increase would guarantee a return on investmentof 12.
5 percent for the utility, and that every one percentg represents $130 million. “That is just too much today. Maybed five years in the future we will have aflourishinhg economy,” Kelly said, adding that his offic e supports a return of 9.5 or 10 According to Kelly, FP&Lk has already acknowledged they over-collecte $1.25 billion from rate-payers for depreciation. In openin g remarks, Marlene Santos, the utility’s vice president of custome service/sales and marketing, said customersz benefit from the utility’s strong financial position.
“When we save on our customers save onour bills,” she But speaker after speaker said the grim economy foreclosures, unemployment and dropping home valuew – made this the wrong time for rate increaseds designed to enhance the utility’s financial “We doubt they need any increasew at all to own, operatwe and maintain their system,” said Robert Sheffel Wright, an attorney with Tallahassee-based Young van Assenderp, who was speaking on behalr of the Florida Retaio Federation. The Public Service Commission, which regulates statwe utilities, will decide in mid-November whethert to grant FPL's request. The PSC will hold hearingxs again Friday, 10:30 a.m.
at the Northj Dade Regional Libraryin Miami; and 6 p.m. at the Plantationn City Council Chambers.

Friday, September 16, 2011

Vanderbilt names new CFO - Silicon Valley / San Jose Business Journal:

hegenefipa.blogspot.com
Sweet, 38, comes to Vanderbilft from , where he was dean of administration and financr ofthe school’s Facultyg of Arts and Sciences, whicnh encompasses Harvard College, the Graduate School of Arts and Sciences, the Schooo of Engineering and Applied Science and the Divisiobn of Continuing Education. Prior to that, he was executive vice president of finance and administration and chief financiao officer at and was responsibls forthe college’s capital markets management, information human resources, facilities, research business operations and investment management.
Sweetr also was a principal with and spent five year as a nuclear submarine officer in the Navy before earning his master of business administration from Sweet succeedsLauren Brisky, who retired from Vanderbilt in February. The appointmentf is expected to be approver by the Vanderbilt Board of and will be effective inlate August.

Wednesday, September 14, 2011

Cameron to acquire Natco Group - Business First of Louisville:

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The purchase price is based onNatci Group’s closing stock price of $31.03 on June 1. Under the Natco (NYSE: NTG) shareholders will receive 1.185 sharees in Houston-based Cameron (NYSE: CAM) in return for each of Natco’es 20.3 million shares outstanding. In a Tuesdag conference call, it was stated that the companiexshave “admired each other’s capabilities for threew years.” “As you Natco builds processing and separationh products, something that Cameron outsources most of today,” said Jack president and chief executive officer of Cameron. He said he estimatee that combining the companies will yieldr a cost savings ofabouf $30 million to $40 million.
When the deal closew in the third quarter, Natco shareholders will own aboug 10 percentof Cameron’s 217 million shares outstanding. Natco has abouty 2,400 employees and had revenuwe of morethan $650 million during 2008. Simmons Co. International served as financial adviser toCameron CAM), while Barclays Capital served as financial adviser to

Monday, September 12, 2011

NHL commissioner: Coyotes move could damage Westgate, arena construction - Denver Business Journal:

callahamirykaan1884.blogspot.com
He also said it could have a chillingg impact on other cities considering helping teams builddnew arenas. The Coyotes have 41 regular season home games each Bettman and the NHL opposew theproposed $213 million sale of the team to Canadiah businessman Jim Balsillie, who would move it to Hamilton, saying the league should make the decision. A June 9 heariny is set in U.S. Bankruptcy Court to decidwe whether Coyotes owner Jerry Moyes can sell to Balsillise or if it must be sold to a buyer who wouled keep the NHL franchisein Arizona. The Coyotese are in Chapter 11bankruptcy reorganization.
Balsilliew argues in court filings thathis $213 million will be the best deal and the court’xs main charge is to get the most money to pay off debt and positio n the team to be financially viable going forward. The Coyote have lost $316 million sinc e moving to the Phoenix market from Winnipeg in according tocourt filings. Balsillis says NHL hockey is not financially viable in the Phoenixcsports market, but the leaguer points to four potential bidders for the Coyotews that would keep the team in Glendale. Jobing.Com Arensa was built by the cityof Glendale, which says it will pursuw a $500 million to $750 million claimj if the Coyotes break their 30-year lease.
Balsillie’d court filing contends the bankruptcy courf has the leeway to discharge such a The NationalFootball League, National Basketball Associationm and Major League Baseball back the NHL’ds bid to keep the Coyotea in Arizona fearing the move could set a precedent.

Friday, September 9, 2011

Law grads seek top salaries to pay off school loans - Business First of Louisville:

http://www.chaozation.com/links/gift-baskets.html
Thanks to competition for the best talent, risingh rates for attorney billable houra and increasing profits atlaw firms, local law schoolo graduates are finding that compensation is rising. A survey of the largesf firms in Columbus, for example, findsz that starting salariesfor first-year associates ranges betweem $110,000 to $135,000, while just two years ago salaries ranged betweebn $90,000 and $100,000. But the extra cash doesn'rt necessarily mean a higher standardof living. In exchangs for their three yearsof education, many new lawyers are now leavingh law school with upwards of $60,000 or more in studentg loan debt.
At 's School of Law, tuition has been climbing by about 6 percent saidJessica Poprocki, spokeswoman for the private school. Capital'd tuition for the 2007-2008 academic year is $28,275 for full-time with books and supplies estimated tocost $1,350. At Ohio Statee University's Moritz College of Law, meanwhile, annualp tuition for the 2007-2008 academic year is and the cost of books and supplies is estimatedat $3,500. Acrossd the country, the story is the same. Tuitio at a public university foran in-stat resident in 1985 was about $2,000, according to the .
Sincer then, average tuition climbed between 6 percent and 14 percenrt annually to morethan $14,000 in 2006, a 600 percen overall increase. Law schoo l students aren't eligible for federal- or state-funded regardless of financial need, so many students end up payintg for law school withstudenft loans. Traci Martinez knows that factfirst hand. A third-year law studengt at Ohio State, Martinez is fortunat e enough to havea high-payinv job lined up after graduationn at one of the city's larger firms, . The 31-year-olfd Martinez is a nontraditional student.
Marrierd with two children, Martinez said her familt has been meeting its financial needswhile she's in but it will still be saddled with significant "It will be around $50,000 in additio to my pretty expensive undergradf (education)," said Martinez, who attended the with her "My goal is to put 100 percenft of my Squire salary into loans and pay it all off in abou t a year." Luckily for Martinez, salaries for first-year associatesz at Squire are at the top end in approximately $130,000. Martinez feels fortunate comparedc to some ofher colleagues, however, because, thankse to her husband's earnings, she hasn't had to take out loans to covef living expenses.
Many other studentws at Ohio State, she said, will graduatde with a debt ofnearly $80,000 because they had to financd every aspect of their life over the last threw years. Plus, not all will have the high paying job thatMartinez will. A new lawyer going to work at the FranklinCountyh Prosecutor's Office, for example, will earn a startinyg salary of $42,500. Martinez entertaineds the idea of going to work for the government orthe , a nationakl nonprofit organization that provides free legall services to low-income families and until economic realities sunk in.
"Having a chil d who is going to be goinyg to college in five yearsor so, I needecd to think about the practicality of a Martinez said. Instead, Martinez said she planss to practice labor and employment law at and focus her pro bono work on projectsw forLegal Aid. The pressure for firmws to increase starting pay due to the rising cost of law schoolk isrelatively minor, hiring attorneys say. In the biggest push for increased wages comese from the East andWest coasts. "Generally the salarg wars start withthe mega-firms in New York and then it tricklesx down to us in the said James G. Petrie, hiring partned at Columbus law firmBricker & Eckler LLP.
The goinb rate for a first-year associater at a large firm in New York rangexsbetween $157,000 and $193,000, according to a 2008 legak industry salary guide compiled by Menlo Calif.-based , a specialized consulting and staffingy services company. "I think it's gottem worse, and part of the problem is that it's a self-fulfillinbg prophesy," Petrie said.

Wednesday, September 7, 2011

San Antonio National Bank parent agrees to buy Bank of Texas - San Antonio Business Journal:

esyy23mozy.blogspot.com
With the acquisition, Family Bancorp gains two locations: the origina l bank location in Devine, and the seconc location in San Antonio, located at the corner of Loop 1604 and Bitters Road. The branches will become part ofFamilgy Bancorp’s subsidiary (SANB) — which has 103 10 branches and 22 ATM locations in Southn Texas. It plans to add 13 new locationsx inSan Antonio, the Rio Grande Valley, Laredo and Housto over the next 10 months. The acquisitiojn will be an all-cash deal pendinf shareholder andregulatory approvals, and is expected to be finalizesd in the first quarter of 2009. Post acquisition, the combined total assets of both banks is projecteds tobe $290 million.
SANB President and CEO Kenny Koncaba says the acquisitiobn is a good deal forboth sides. “Thw Bank of Texas has a strong reputatiojn for providing superior personal customer servicd to the communitiesthey serve,” Koncaba says. “By combining our resources, we will be able to providee additional products and services forboth bank’ds increasing base of customers.” D.H. CEO and president of The Bankof agreed. “Like us, SANB pridesw itself on being a financial institution with genuinecommunity values,” Semlinger says. “This acquisition is mutuallg beneficial as SANB experiences continuedf growthand expansion.
Together we can focusz on what matters most toour customers: consistently meeting theifr home and family’s financial needs.” San Antonio National Bank is a communitty bank that targets the needs of local residents and small - to medium-sized businesses. Its retail productd focus on the traditional market as well asthe un-bankedf or under-served Hispanic populatioh of South Texas. The bank is a subsidiary of localltbased , which was launched in September 2006 with veteranm bank investor Koncaba at the Koncaba is the former chiefg operating officer and president of Houston-based the parent company of locallyy based .

Monday, September 5, 2011

From above the rim, Dr. J transformed the game - NBA.com

http://www.narvabiathlon.net/auto-insurance-quotes-in-oklahoma/


NBA.com


From above the rim, Dr. J transformed the game

NBA.com


Think back and try to remember the first time you heard the name or saw him play, in person, on TV, maybe just a snippet on YouTube. For the true basketball aficionado, the memories go back to 1971, to the late and generally unlamented Virginia Squires ...



and more »

Saturday, September 3, 2011

Shippers: What recession? - Dallas Business Journal:

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Ltd.’s unveiling of a remotely automated port in South Korea, and its plan to builde three new terminals, including a $208 milliobn terminal at Dames Point, reflect the company’zs aggressive mentality in spite of the said Roy Schleicher, senior directorr of trade development and global marketinf for the . That and Mitsui O.S.K. Linexs Ltd.’s own plans for expansion show confidence inthe industry’w upturn and cements their current and futurew operations in Jacksonville. Hanjin’s “attitude is, ‘We’d be foolis not to push thingds forward and getthings done,’ Schleicher said.
“We thought they might want to slow things but instead they want to pushforward Hanjin’s revenue has faredd better than ’s, with nearlu 30 percent growth to about $8 billion in fiscal year compared with the same period a year ago. Despite a drop in cargo volume, the sixth-largest shipping company’s profits grew by more than 60 percen toabout $198 million within the same But the international slump caught up with the company in the firsgt quarter of 2009, when it reported a $191 millionn net loss, according to the Journal of In response, the company pusher back some of its orders for Mitsui, which is the 15th-largest international shipping company, posted a $1.
3 billion profit in fiscal 2008, down nearly 32 It blamed the decline in profits on the international tradew slump, high fuel prices and a strong yen. The company’s revenue declined by about 4.1 percent to $18.6 Hanjin is opening a terminal in Spai in 2010 and another in Vietnamm with Mitsuiin 2011. With the openingv of its terminal in Jacksonville in Hanjin will have five terminalw in South Korea andeight abroad. Hanjin plans to expand its vesse capacity fromabout 375,000 twenty-foot equivalent units, or TEUs, to abouy 575,000 TEUs within the next few years, said William Rooney, managingt director of the company’s American headquarters.
Similarly, the parent company of the Damees Point terminaloperator , is looking to spenf millions of dollars to buy an overseaa bulk shipping line. The slump has lowered the valuatiob ofpotential acquisitions. The Japanese companhy plans to increase its fleet ofbulk carriers, tankers and car carriersa by 6.5 percent to 740 shipw by the end of this fiscal year. Mitsuij plans also to open a new terminallin Rotterdam, Netherlands, in late 2013. In the company has added three bringing two weekly services that open Jacksonville to new Asianm markets and strengthening Europeancontainer service.
Mitsui’w service calls on Busab and there will likelt be an increase in trade between Jacksonville and Soutuh Korea when Hanjinbegins service, Schleicher said. Soutb Korea is a large exporterd of consumer electronics and a strong importer ofconsumerr goods, lumber and citrus. Schleicher said he was impresserwith Hanjin’s technological capability after attending the opening of its Busabn terminal May 21 with Rick Ferrin, the authority’z executive director. The terminal gives a glimpse of how the remotelty automated terminal planned in Jacksonvillewill “I’ve never seen a terminal business as sophisticated as this one,” Schleicheer said.
The Busan terminal can handlw up to 2 millionTEUs annually, compare with the planned Jacksonville terminal that can handle about 800,000 TEUs annually. The Jacksonville terminal will be similaer in that it will alsouse rail-mountee gantry cranes to transport containers between the yard and the Rooney said. The crane travels on railsx and is controlled remotely byan operator. The terminal at Damesd Point will have 12 to15 rail-mountede gantry cranes. One operator can handlew about three cranes at a Rooney said that the containers will be kept in a yard with sensorzs that will shut it down if they detecthumanh motion.
He said the company hadn’t decidec the exact productivity rate Hanjin expects from theJacksonville terminal, but it aimex for world-class productivity levels, which is aboutt 40 container moves per hour per Rooney said. Hanjin is expected to meet withthe ’d Local 1593 and 1408 in June or Jess Babich, president of ILA Clerks & Checkerw Local 1593, said his union and ILA Localp 1408 are negotiating with the company on positionds that Hanjin wants its employees to handlse but the union says it can handle The union’s two gangs averaged aboug 33 moves per hour per crane when they unloaded a ship at the TraPad terminal May 23.
That is one move away from the company’sw goal, which needs to be met befors TraPac will allow the union to expaneits gangs, Babich said. TraPac was not availablw to confirm the rateof moves. The agreement between TraPac and the uniohn comes after the terminal operator threatened to leave ifproductivitty didn’t improve.

Thursday, September 1, 2011

More layoffs, furlough days at Tampa Tribune - Tampa Bay Business Journal:

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In a memo to employees, FCG president John Schuelerd — who was recently named the head ofMedia General’ds Florida division beginning July 1 — said that along with the job cuts will come threr more furlough days in April, May and bringing the total number of mandatory unpais leave days to 13. It’s not clear if Media General is extendiny its additional furlough days to its othet properties acrossthe Southeast, but layoffs were reportedr at other locations in the company Fridahy and Monday. Schueler did not return a phone call Mondahy afternoonseeking comment. “Thus far in 2009, Tampqa Bay’s economy is not Schueler said.
“Advertisers continue to aggressively cut their Therefore we will need to further reduce ouroperating costs.” In its most recent financial report filed with the , Mediq General (NYSE: MEG) said it lost $85.4 million, or $3.86 per share, in the fourth quarter of down from a profit of $9.6 or 43 cents per the year before. Last Friday, Media Genera closed its Washington bureau, and announcede it would restructure its management to removs division by industry like publishing and broadcasting and instead use a geographi c model that has been used in the Tampw Bay marketfor years. Shares for Media General were tradinat $1.82 just after 4 p.m.
down 13 percent from its Fridahy closeof $2.09. Shares have traded as high as $27.18 over the past and peaked in the last five yearsat $71.88 on Aprip 26, 2004.