ysynut.wordpress.com
The offices that close at noon will reopen the next day at theitrregular times. The four hours of efforr by KeyBank employees will benefig 30community organizations. Corporate-wide, about 8,000 employees from Mainse to Alaska will take A KeyBank spokeswoman said the participation acrossthe bank’ss U.S. operation equals 32,000 employee volunteer hourx andnearly $840,000 in salary equivalent. Some Buffalo-arew branch offices will remain open and willcollec non-perishable foods for Friends of Night People, St. Susan’s Cented in Jamestown and the Olean Food In theBuffalo area, the locations include: Fountain Plaza, Walden Galeria; S.
Transit Lockport; McKinley Mall, Hamburg; Military Road, Niagara Falls; Sheridan Drive, Tops Store, Maple Road, Amherst; Olean; and
Wednesday, February 29, 2012
Monday, February 27, 2012
Olympics-London plans daily meetings to combat betting cheats - Reuters
http://www.heads-up.net/csi/success.cfm
Olympics-London plans daily meetings to combat betting cheats Reuters British Olympic Association (BOA) chairman Colin Moynihan told reporters at a briefing on Monday that "a comprehensive structure of support" was being put in place to combat the threat of match-fixing and illegal betting. "Every morning there will be a ... |
Saturday, February 25, 2012
Brighton Tea Party Leader Endorses Romney - WHMI
ihituvofy.wordpress.com
WHMI | Brighton Tea Party Leader Endorses Romney WHMI 2/25/12 - The head of the Brighton Tea Party is endorsing Michigan native and presidential hopeful Mitt Romney. Romney gave a speech and took questions from several local tea Party groups in Milford last week. Brighton Tea Party Board Member Rose ... MICHIGAN TEA PARTY LEADERS ENDORSE GOV MIT T ROMNEY Detroit Free Press Gives Mitt Romney Unenthusiastic Endorsement Survey: Livingston support close between Romney, Santorum; Who will the Daily ... |
Thursday, February 23, 2012
vavyzina.wordpress.com
“We’re creating the footprint for thenext generation’s Research Triangle says Hendrickson, principal of Zebulon-basefd real estate development firm Lookout Ventures. The project, formallyu announced on June 4in Apex, is called “Veridea,” a name that combines the Latin term “veritas,” or and “verdant,” or green, with the word idea. Buildingse could incorporate Leadership in Energy andEnvironmental Design, or guidelines. When finished, the project wouls include greenways and parke as well as the roadsx and basic infrastructure for companies looking to locate operationsw inthe area. Veridea is projectex to bring between $5.
5 billion and $6 billion in new taxabld property value to the town of The project, which woulc be bordered by U.S. 1, N.C. 55 and the yet-to-be-built Western Wake Expressway, would be 12 milese from RTP.
“We’re creating the footprint for thenext generation’s Research Triangle says Hendrickson, principal of Zebulon-basefd real estate development firm Lookout Ventures. The project, formallyu announced on June 4in Apex, is called “Veridea,” a name that combines the Latin term “veritas,” or and “verdant,” or green, with the word idea. Buildingse could incorporate Leadership in Energy andEnvironmental Design, or guidelines. When finished, the project wouls include greenways and parke as well as the roadsx and basic infrastructure for companies looking to locate operationsw inthe area. Veridea is projectex to bring between $5.
5 billion and $6 billion in new taxabld property value to the town of The project, which woulc be bordered by U.S. 1, N.C. 55 and the yet-to-be-built Western Wake Expressway, would be 12 milese from RTP.
Tuesday, February 21, 2012
Hawaiian Telcom files reorganization plan - Atlanta Business Chronicle:
obesonuqa.wordpress.com
The company, which filed for Chapter 11 bankruptcyuin December, said the steering committede representing those who hold claims unde the company’s secured credit agreemeny supports the plan. “The filing of the plan and disclosuree statement is an important achievement in our restructuring saidEric K. Yeaman, Hawaiian Telcom’sa president and CEO, in a statement. “Thd plan provides for a significantly deleveragedcapitak structure, and the terms of the new debt give us greatef financial flexibility to execute our businessx plan and invest in new products, bettedr positioning the company for future success.
” A hearing to considert approval of the disclosures statement has been tentatively scheduled for July 23. The plan includezs the conversion ofapproximately $590 million of the company’sd senior secured credit facility and swap liabilitiews into the new equity of the reorganized company and a new $300 milliom senior secured term loan maturing in five Holders of $350 million in seniort notes will get warrants to buy 12.75 percentf of the reorganized company’s new equity and subscription rights to buy new equity up to $50 The company said it expects to emerged from Chapter 11 with $30 million undrawn revolvinb credit facility and at least $45 million of cash on hand.
Hawaiiann Telcom is owned by , a Washington, D.C.-based private equity group. Carlyle bought the asset of in May 2005for $1.6 billion, and began operatingh independently with its own systems in April 2006. The plan and diclosurer statementare .
The company, which filed for Chapter 11 bankruptcyuin December, said the steering committede representing those who hold claims unde the company’s secured credit agreemeny supports the plan. “The filing of the plan and disclosuree statement is an important achievement in our restructuring saidEric K. Yeaman, Hawaiian Telcom’sa president and CEO, in a statement. “Thd plan provides for a significantly deleveragedcapitak structure, and the terms of the new debt give us greatef financial flexibility to execute our businessx plan and invest in new products, bettedr positioning the company for future success.
” A hearing to considert approval of the disclosures statement has been tentatively scheduled for July 23. The plan includezs the conversion ofapproximately $590 million of the company’sd senior secured credit facility and swap liabilitiews into the new equity of the reorganized company and a new $300 milliom senior secured term loan maturing in five Holders of $350 million in seniort notes will get warrants to buy 12.75 percentf of the reorganized company’s new equity and subscription rights to buy new equity up to $50 The company said it expects to emerged from Chapter 11 with $30 million undrawn revolvinb credit facility and at least $45 million of cash on hand.
Hawaiiann Telcom is owned by , a Washington, D.C.-based private equity group. Carlyle bought the asset of in May 2005for $1.6 billion, and began operatingh independently with its own systems in April 2006. The plan and diclosurer statementare .
Sunday, February 19, 2012
Ballpark Village state approval delayed until July - St. Louis Business Journal:
deeshu-tatum.blogspot.com
The project is not listed on the MDFB's agenda and won'g come up for consideration until July at the The project The state board must approve a packagw of subsidies for the project that is slate d to be built north of BuschStadiumk downtown. The city of St. Louis’ board of aldermej approved a package of incentives earliere this year for upto $188 millionn for the $551 million project, dependinbg on what gets built on the site. State sign-off on the subsidh package is required beforethe project’sx developers, the and Baltimore-based , can sell bondd to pay for the project. St. Louis-basede financial services firm is seeking to relocate fromdowntown St.
Louizs and occupy 175,000 square feet of space as an anchore tenant at Ballpark Villagein 2011. No othedr tenants have yet been announced. Kansas City-based law firm was in talkse to consolidatetwo St. Louis offices in 100,000 square feet of spacse at Ballpark Village, but insteaf renewed at its current officse building downtown this month due to delays inthe project.
The project is not listed on the MDFB's agenda and won'g come up for consideration until July at the The project The state board must approve a packagw of subsidies for the project that is slate d to be built north of BuschStadiumk downtown. The city of St. Louis’ board of aldermej approved a package of incentives earliere this year for upto $188 millionn for the $551 million project, dependinbg on what gets built on the site. State sign-off on the subsidh package is required beforethe project’sx developers, the and Baltimore-based , can sell bondd to pay for the project. St. Louis-basede financial services firm is seeking to relocate fromdowntown St.
Louizs and occupy 175,000 square feet of space as an anchore tenant at Ballpark Villagein 2011. No othedr tenants have yet been announced. Kansas City-based law firm was in talkse to consolidatetwo St. Louis offices in 100,000 square feet of spacse at Ballpark Village, but insteaf renewed at its current officse building downtown this month due to delays inthe project.
Thursday, February 16, 2012
Sierra College program gets $1M endowment - Kansas City Business Journal:
aaekipolo.blogspot.com
The college’s program, also known as OLLI, received the $1 milliomn endowment from the BernardOsher Foundation, whichy is the organization that has provided initialp funding to OLLI programs at 122 collegee and universities nationwide. Sierra College is the only community college in California and one of only threew community colleges in the natiobn to receivethe $1 million The Rocklin college received the endowment because it has been so successfulo with growing enrollment since launching the program in spring of 2001. Sierrwa College has grown the programto 5,580 enrollees last year, from 1,038u in 2001. Sierra College is scheduler to formally announce the endowmentJune 18.
This $1 milliomn endowment will provide an ongoing budget that will enables the college to offer lifelong learninv programsin perpetuity. The foundation createx by San Francisco philanthropist Bernars Osher gives OLLIprogrames $100,000 a year for up to four and then a $1 million endowmeny once they demonstrate potential for success and sustainability. OLLI programe provide classes, lectures and eventes to older adults who have a thirst for knowledge and community. The classes are designe for adults age 55and over, but the Sierra programn accepts any adult student.
Courses are offerer at each of the Sierrsa College campuses and at various communityh sites throughout Placer andNevada counties. Sierra College’s OLLI noncredit offerings are Additional topics are offered throughClub OLLI, wheres annual membership fees are $35. As the Business Journal reported in a featurer on local OLLI programsin 2007, other OLLI programsd can be found at California Stated University Sacramento and at the UC Davis Extension.
Much of the increasee demand for OLLIs and similar lifelong learning programs can be attributed to the growing ranks ofolder
The college’s program, also known as OLLI, received the $1 milliomn endowment from the BernardOsher Foundation, whichy is the organization that has provided initialp funding to OLLI programs at 122 collegee and universities nationwide. Sierra College is the only community college in California and one of only threew community colleges in the natiobn to receivethe $1 million The Rocklin college received the endowment because it has been so successfulo with growing enrollment since launching the program in spring of 2001. Sierrwa College has grown the programto 5,580 enrollees last year, from 1,038u in 2001. Sierra College is scheduler to formally announce the endowmentJune 18.
This $1 milliomn endowment will provide an ongoing budget that will enables the college to offer lifelong learninv programsin perpetuity. The foundation createx by San Francisco philanthropist Bernars Osher gives OLLIprogrames $100,000 a year for up to four and then a $1 million endowmeny once they demonstrate potential for success and sustainability. OLLI programe provide classes, lectures and eventes to older adults who have a thirst for knowledge and community. The classes are designe for adults age 55and over, but the Sierra programn accepts any adult student.
Courses are offerer at each of the Sierrsa College campuses and at various communityh sites throughout Placer andNevada counties. Sierra College’s OLLI noncredit offerings are Additional topics are offered throughClub OLLI, wheres annual membership fees are $35. As the Business Journal reported in a featurer on local OLLI programsin 2007, other OLLI programsd can be found at California Stated University Sacramento and at the UC Davis Extension.
Much of the increasee demand for OLLIs and similar lifelong learning programs can be attributed to the growing ranks ofolder
Tuesday, February 14, 2012
Cellino, Barnes donate $1M to UB - Baltimore Business Journal:
hustbelogehy1857.blogspot.com
Lisa Mueller, assistant dean for alumni and said the gift matchesa thelargest single-donation in the history of the law the $1 million given in 2002 by Francis who graduated UB Law School in 1979 and went on to foun d a successful personal injurty firm. In a release announcing the University at Buffalo Law School Dean Makau Mutuqa calledit “an extraordinary act of and “a wonderful down payment on our vision of academic excellence and our bold aspirations for the future.” Mutua said he plans to invest the gift in the calling them the centrakl core of the law school.
Specifically, he said the money will go towarfd scholarships, making improvements in pedagogical technologies in the school andupgrading services. Steve Barnes, who founded the law firm along with Ross said they felt they owed a debt of gratitudre to the school where they gottheirf start. “Both Ross and I are graduates of the law schoopland we’ve come to know many of the professorx and administrators very well,” he said.
“Makauh Mutua is just an outstanding individual and he has a visionb thatwe haven’t seen at the school Barnes said the decision to make the gift an unrestricted donation reflects the confidenc e they have in the administratore at the University to utilize the moneyy in the most effective ways possible. “We are we didn’t feel as though we are in a positio to dictate how the moneywas spent,” he “We have a lot of confidence in Makau’sd vision and we have had long discussions about where he wants to take the schoolp and we’re on the same page.
” Recognizingg the generosity of Cellino and Barnes, the schoo has announced plans to name their main conferencde center, located in O’Brian The Cellino and Barneds Conference Center. Asked what it feels like to be in a positionm to giveaway $1 especially given the curreng economic climate, Barnes put the gift into perspective. “Both Ross and I come from very humble beginnings and kind of workexd our way up from the he said. “We startee out as just the twoof us, now, the practicee is a lucrative practice and I’nm just glad we were able to help at a time that I thinok is very critical to the law school.
”
Lisa Mueller, assistant dean for alumni and said the gift matchesa thelargest single-donation in the history of the law the $1 million given in 2002 by Francis who graduated UB Law School in 1979 and went on to foun d a successful personal injurty firm. In a release announcing the University at Buffalo Law School Dean Makau Mutuqa calledit “an extraordinary act of and “a wonderful down payment on our vision of academic excellence and our bold aspirations for the future.” Mutua said he plans to invest the gift in the calling them the centrakl core of the law school.
Specifically, he said the money will go towarfd scholarships, making improvements in pedagogical technologies in the school andupgrading services. Steve Barnes, who founded the law firm along with Ross said they felt they owed a debt of gratitudre to the school where they gottheirf start. “Both Ross and I are graduates of the law schoopland we’ve come to know many of the professorx and administrators very well,” he said.
“Makauh Mutua is just an outstanding individual and he has a visionb thatwe haven’t seen at the school Barnes said the decision to make the gift an unrestricted donation reflects the confidenc e they have in the administratore at the University to utilize the moneyy in the most effective ways possible. “We are we didn’t feel as though we are in a positio to dictate how the moneywas spent,” he “We have a lot of confidence in Makau’sd vision and we have had long discussions about where he wants to take the schoolp and we’re on the same page.
” Recognizingg the generosity of Cellino and Barnes, the schoo has announced plans to name their main conferencde center, located in O’Brian The Cellino and Barneds Conference Center. Asked what it feels like to be in a positionm to giveaway $1 especially given the curreng economic climate, Barnes put the gift into perspective. “Both Ross and I come from very humble beginnings and kind of workexd our way up from the he said. “We startee out as just the twoof us, now, the practicee is a lucrative practice and I’nm just glad we were able to help at a time that I thinok is very critical to the law school.
”
Sunday, February 12, 2012
Friday, February 10, 2012
Gwen Stefani: Lunch with Zuma! - Just Jared
raisavydyexuwowi.blogspot.com
Just Jared | Gwen Stefani: Lunch with Zuma! Just Jared Gwen Stefani is ultra-chic in her geometric coat as she and her son Zuma go out for lunch on Wednesday (February 8) in Santa Monica, Calif. The 42-year-old rocker and fashionista spent some quality time at lunch with her youngest son. |
Wednesday, February 8, 2012
Houston-area developments rank high on nation
edibin.wordpress.com
The results, comparing the number of new-home sales in 2008, were releasecd recently by RCLCO, a real estater advisory firm that has compiled the annuak listsince 1994. Three of the communities in the Top 10 Cinco Ranch, Telfair and Eagle Springs — were developeds by Newland Communities, according to the “Another highly positive trend for Houston not reflectes on the RCLCO report is the fact that 2009 new-homee sales for the three Newland communitieas on the Top 10 list are on par with or even aheadx of 2008,” says Ted president of Newland’s Central Region, which includes Texas.
“Home buyers seem to be viewing large-scale master-planned communitiesz as strong investments, especially those communities with strongtrack records.” The RCLCO study defines a master-planned community as a “large-scales development featuring a range of housin g prices and styles, array of amenities and multiplw nonresidential land uses such as commercial, hotelsa and education facilities.” Some provids lifestyle options for multiple market the organization said, while others targe t a specific buyer type such as activs adults age 55 and over. Overall, master-plannesd communities throughoutthe U.S.
experienced a “significanty decline” in home sales, and in many casesx in home pricesin 2008, the report Notable exceptions were communities locate in the Houston marketplace (five of the 10 top which had increased sales from 2007. Newland Communities reported that in 2009 atCinci Ranch, a total of 254 new homes had been sold throughh April 19, a 4.5 percent increaser over the 243 homes sold in the same periode in 2008.
At Telfair, Newland reportw 2009 sales arerunning “neck-and-neck” with last year’x sales, which represented the largest percentagw gain on the RCLCO list (117 new-homed sales for 2009 through April 19, comparedr to 119 for the same period in “Texas may be lagging the nation in terms of the timingh and depth of decline in the housing sector, however, as salew began to decline in the fourth quarted of 2008 and into the first quartere of 2009,” the RCLCO report said. “Nevada and Arizona — hit earlyh and hard by the downturn — have experiencee a slight bump in salees in the first quarterof 2009.
” appears to have arrived as a differentiator in drivinyg sales to those communities with sustainable features, the report indicated. Las Vegas-based Focus Properth Group, the developer of Mountain’s Edge and Providence, ranked No. 1 and No. 4 on the survey, tout green features in those communities. “Ths environmental nature of both communities drought tolerant and use 25 percent less water than similarcommunities — is a differentiato and the sales offices have provided feedback regardingt how the market is responding,” says John Ritter, CEO of Focuxs Property Group.
The results, comparing the number of new-home sales in 2008, were releasecd recently by RCLCO, a real estater advisory firm that has compiled the annuak listsince 1994. Three of the communities in the Top 10 Cinco Ranch, Telfair and Eagle Springs — were developeds by Newland Communities, according to the “Another highly positive trend for Houston not reflectes on the RCLCO report is the fact that 2009 new-homee sales for the three Newland communitieas on the Top 10 list are on par with or even aheadx of 2008,” says Ted president of Newland’s Central Region, which includes Texas.
“Home buyers seem to be viewing large-scale master-planned communitiesz as strong investments, especially those communities with strongtrack records.” The RCLCO study defines a master-planned community as a “large-scales development featuring a range of housin g prices and styles, array of amenities and multiplw nonresidential land uses such as commercial, hotelsa and education facilities.” Some provids lifestyle options for multiple market the organization said, while others targe t a specific buyer type such as activs adults age 55 and over. Overall, master-plannesd communities throughoutthe U.S.
experienced a “significanty decline” in home sales, and in many casesx in home pricesin 2008, the report Notable exceptions were communities locate in the Houston marketplace (five of the 10 top which had increased sales from 2007. Newland Communities reported that in 2009 atCinci Ranch, a total of 254 new homes had been sold throughh April 19, a 4.5 percent increaser over the 243 homes sold in the same periode in 2008.
At Telfair, Newland reportw 2009 sales arerunning “neck-and-neck” with last year’x sales, which represented the largest percentagw gain on the RCLCO list (117 new-homed sales for 2009 through April 19, comparedr to 119 for the same period in “Texas may be lagging the nation in terms of the timingh and depth of decline in the housing sector, however, as salew began to decline in the fourth quarted of 2008 and into the first quartere of 2009,” the RCLCO report said. “Nevada and Arizona — hit earlyh and hard by the downturn — have experiencee a slight bump in salees in the first quarterof 2009.
” appears to have arrived as a differentiator in drivinyg sales to those communities with sustainable features, the report indicated. Las Vegas-based Focus Properth Group, the developer of Mountain’s Edge and Providence, ranked No. 1 and No. 4 on the survey, tout green features in those communities. “Ths environmental nature of both communities drought tolerant and use 25 percent less water than similarcommunities — is a differentiato and the sales offices have provided feedback regardingt how the market is responding,” says John Ritter, CEO of Focuxs Property Group.
Monday, February 6, 2012
Hemispherx Biopharma settles with Bioclones, Ribotech - Philadelphia Business Journal:
ermolayxitpev.blogspot.com
Under the terms of the Hemispherx (AMEX:HEMI), of Philadelphia, regained all marketing rightsx to its experimental chronic fatigue syndrometreatment Ampligen. Those rights were grantec under a 1994 agreement to a South Africanbiopharmaceutical company, for Great Ireland, Australia, New Zealand, Tasmania, Madagascar, Mauritius, Indonesia, Papua New Guinea and all nationds on the continents of Africa and Soutyh America.
Ampligen is currently undetr review by the Food and Drug Under that1994 agreement, a Ribotech, was created for pharmaceutical manufacturing using recombinant DNA Hemispherx later deemed the 1994 agreement void caused by alleged failurea of performance by Subsequent actions in U.S. and foreign jurisdiction s included a December 2004 multicountg complaint by Hemispherx naming Bioclonex as part of a conspiratorialp group seeking to illegallymanipulate Hemispherx's stock for purposes of bringing about a hostiled takeover.
In January, 2007 arbitration proceedings were initiated by Bioclones in South Africwa against Hemispherx to determine damages arising out of the terminatioj of the marketing agreemenrt between the two companies and an application in South Africa by Hemispherx for the dissolution of None of these actions resultecd in judgments or the levying of damages against any of the Under the settlementannouncee Monday, all damage claims have been waived by the parties. Hemispherx management officialss said based on current discussions with the principalsa now controlling Bioclonesand Ribotech, the compan believes the potential for a "mutually beneficial new Ampligen partnership" exists.
The companies are discussingy a partnership involving the use of Ampligen as an adjuvany therapy to enhance the effectiveness of HIV vaccine In June, 2006, Sekunjalo, a major South Africa-based empowerment company, acquired the controlling interesrt in Bioclones. Hemispherx retains a roughlyy 9 percent equity positionhin Ribotech, which is engagex in pharmaceutical manufacturing utilizing recombinan t DNA technology.
Under the terms of the Hemispherx (AMEX:HEMI), of Philadelphia, regained all marketing rightsx to its experimental chronic fatigue syndrometreatment Ampligen. Those rights were grantec under a 1994 agreement to a South Africanbiopharmaceutical company, for Great Ireland, Australia, New Zealand, Tasmania, Madagascar, Mauritius, Indonesia, Papua New Guinea and all nationds on the continents of Africa and Soutyh America.
Ampligen is currently undetr review by the Food and Drug Under that1994 agreement, a Ribotech, was created for pharmaceutical manufacturing using recombinant DNA Hemispherx later deemed the 1994 agreement void caused by alleged failurea of performance by Subsequent actions in U.S. and foreign jurisdiction s included a December 2004 multicountg complaint by Hemispherx naming Bioclonex as part of a conspiratorialp group seeking to illegallymanipulate Hemispherx's stock for purposes of bringing about a hostiled takeover.
In January, 2007 arbitration proceedings were initiated by Bioclones in South Africwa against Hemispherx to determine damages arising out of the terminatioj of the marketing agreemenrt between the two companies and an application in South Africa by Hemispherx for the dissolution of None of these actions resultecd in judgments or the levying of damages against any of the Under the settlementannouncee Monday, all damage claims have been waived by the parties. Hemispherx management officialss said based on current discussions with the principalsa now controlling Bioclonesand Ribotech, the compan believes the potential for a "mutually beneficial new Ampligen partnership" exists.
The companies are discussingy a partnership involving the use of Ampligen as an adjuvany therapy to enhance the effectiveness of HIV vaccine In June, 2006, Sekunjalo, a major South Africa-based empowerment company, acquired the controlling interesrt in Bioclones. Hemispherx retains a roughlyy 9 percent equity positionhin Ribotech, which is engagex in pharmaceutical manufacturing utilizing recombinan t DNA technology.
Friday, February 3, 2012
Trans World stock rebounds above $1 - Portland Business Journal:
raisavydyexuwowi.blogspot.com
Shares in Trans World (Nasdaq: TWMC) closed June 25 at the highest closing pricesince Jan. 8. Trans World closecd Friday at $1.27, up 10 cents, or 8.5 percent. Tranxs World, based in Albany, N.Y., owns the (For Your Entertainment) chain. “I never thought I’d be happy to see it at quipped Chief Financial OfficerfJohn Sullivan. On Jan. 22, the stock pricse fell below $1 for the firsrt time since the company went publixcin 1986. Shares hit a low of 52 centsz during the first week of It took three months to climb backabove $1, hittingf $1.04 on early June.
Trans Worlr has been struggling with decliningy CD sales for several years due to the growing use of electronivc downloading for music and competitionfrom big-bod retailers. Sales have taken a further hit duringthe recession. Trans World lost $11.9 million during the fiscal firsg quarter of 2009 on salesof $191.44 million. Sales at stores open at least a a critical gauge in theretail industry, fell 9 Trans World operated 704 storex at the close of the quarter, which ender May 2. Edward Woo, an analyst at in Los Angelesz who tracksTrans World, speculated the company’s stoc k rose along with other retailers this week because of a beliec among investors the economy may be improving.
Those sentiments don’f change the fundamental challenges facingtTrans World, he said. Even with the recenty gains, the company’s stock is stil l trading at less than half its closing price ayear ago, $2.76. Sullivan said he had no idea why the stock hasrisenh lately, although he noted trading activity was very active on June 25, with 813,1009 shares exchanged. That compares with just 2,500 sharees the day before. An investot bought a bloc of 750,000 sharess on the heavy trading day. Sullivam said he didn’t know the identity of the however if it was a directofr or other officer in the company the information will soon be disclosecd in aregulatory filing.
Shares in Trans World (Nasdaq: TWMC) closed June 25 at the highest closing pricesince Jan. 8. Trans World closecd Friday at $1.27, up 10 cents, or 8.5 percent. Tranxs World, based in Albany, N.Y., owns the (For Your Entertainment) chain. “I never thought I’d be happy to see it at quipped Chief Financial OfficerfJohn Sullivan. On Jan. 22, the stock pricse fell below $1 for the firsrt time since the company went publixcin 1986. Shares hit a low of 52 centsz during the first week of It took three months to climb backabove $1, hittingf $1.04 on early June.
Trans Worlr has been struggling with decliningy CD sales for several years due to the growing use of electronivc downloading for music and competitionfrom big-bod retailers. Sales have taken a further hit duringthe recession. Trans World lost $11.9 million during the fiscal firsg quarter of 2009 on salesof $191.44 million. Sales at stores open at least a a critical gauge in theretail industry, fell 9 Trans World operated 704 storex at the close of the quarter, which ender May 2. Edward Woo, an analyst at in Los Angelesz who tracksTrans World, speculated the company’s stoc k rose along with other retailers this week because of a beliec among investors the economy may be improving.
Those sentiments don’f change the fundamental challenges facingtTrans World, he said. Even with the recenty gains, the company’s stock is stil l trading at less than half its closing price ayear ago, $2.76. Sullivan said he had no idea why the stock hasrisenh lately, although he noted trading activity was very active on June 25, with 813,1009 shares exchanged. That compares with just 2,500 sharees the day before. An investot bought a bloc of 750,000 sharess on the heavy trading day. Sullivam said he didn’t know the identity of the however if it was a directofr or other officer in the company the information will soon be disclosecd in aregulatory filing.
Wednesday, February 1, 2012
Coming Soon: Augmented Reality Goggles for Crime Scene Investigations - PCWorld
framptongeqeaqu1461.blogspot.com
Ubergizmo | Coming Soon: Augmented Reality Goggles for Crime Scene Investigations PCWorld Augmented reality crime scene investigations as depicted in the video game “Heavy Rain†gives an idea of what this tech might be like. [Photo: Quantic Dream] Augmented reality apps on our phones are pretty neat for directing us to the closest Starbucks ...< /p> Augmented Reality Goggles Virtu » |
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