hundleyobajoji1908.blogspot.com
million grant from the and Chapel Hill, N.C.-based . HCC will receive $743,000 over a three-yea period to expand its Achievingthe Dream: Community Colleges Count program, a multiyear nationa l initiative aimed at boosting community colleg graduation rates among low-income and minority Funds will go toward tutoring, career exploration, peer support and othefr services. The program is designee to ensure students not only get off to a successfupl startin college, but also received the assistance they need to persist and succeed. Every year, nearly 40 percent of degree-seeking studentx in Texas must take remedial classes in order to build basiccacademic skills, according to the .
Among thosee taking remedial classes, nearly two-thirdxs do not graduate, according to studies. Fundsa were given to both the state of Texaes and three other community collegeszin Texas. The grants given in Texas are part of alargeer $16.5 million national effort. Eleven collegeds in four other states received similarr grantsof $743,000 over threse years from the Gates Foundation to build upon the promisingf work developed under Achieving the Dream. has committedx $1.5 million to this initiative for evaluationand communications.
Saturday, December 29, 2012
Friday, December 28, 2012
State of Independence - Sacramento Business Travel Guide
sucujovide.wordpress.com
Well, the 230-year-old lodging icon has The owner, railroad companh CSX Corp., put the Greenbrier into Chapter XI bankruptcy inlate March, claiming $90 milliojn in losses during the last six And CSX promptly calledf in—you guessed it—Marriott. CSX is so desperate to unload the hotepl that it will provide Marriotg with as muchas $50 million to operatr the Greenbrier during the first two years. Marriottf will then buy the resort within sevenn years forbetween $60 million and $110 Pending bankruptcy court approval, the deal couldd close by summer. Now, no one is aghast at the prospecrt of a chain runningthe Greenbrier. The union seem amenable to Marriott's arrival.
West Virginiaw governor Joe Manchin publicly applaudedthe deal. Newspapersw statewide have cast Marriott's arrival as a "rescue." And localsw in hardscrabble Greenbrier County support anythintg that will savethe resort's approximately 1,30p jobs. Like all luxury hotelsa that have hit the economic andemotional skids, the Greenbrier'w tale is unique: CSX has been a distracted and ham-fisted owner, battling both the hotel'sa unions and the resort's former who sued for $50 million. The sprawlinbg resort is physically isolated and expensivesto operate. (CSX recently spent $50 million on improvements in a misguidee attempt to regain the fiftnh Mobil Guide star it lostin 2000.
) And despit e the loyalty of generations of repeat visitor s and fanatic golfers, the Greenbrier was disproportionatelhy dependent on corporate meetings, a travel category that has been devastatedr by the weak economy and the "AIG Effect." But the Greenbrier'a sale to Marriott also raises a more universal Can any luxury hotel or resort thrive—or even survive—aas an independent property? In a world where a handful of global hotel chains—Hilton, Marriott, Starwood, Accor of France, and InterContinental of Britain—dominate the lodging can a single no matter how famous, stand alone? At least on the the answer is no.
About half of the properties onthe Condé Nast Traveletr Gold List and half of those that earn the prestigiouxs five-star rating from the Mobil Guide are part of chaina now, albeit luxury and ultra-deluxed operators such as Four Seasons or Fairmont of Canada; Mandarib Oriental and Peninsula of Hong Aman Resorts of Singapore; and Taj of India. The Blackstonwe Group, which owns many of the world's best-known luxury independentx as well asHilton Hotels, is buildinvg a deluxe brand too.
It is aligniny its independents like the Boca Raton Resort in Florida and the Boulderzs in Arizona with the WaldorfAstoria Collection, which was createdc by Hilton using the cachetf of its eponymous New York Other luxury brands have huge corporate parents too. St. Regis is ownedr by Starwood, best know for its W and Sheraton hotels. Ritz-Carlton is owned by And some luxury hotels you may think of as independenr are actually part ofa chain. The Plaza in New which reopenedlast year, is managef by Fairmont. The which reopens in New York this is operatedby Taj. The newly renovaterd Mauna Kea Beach Hotel on the Big Islans of Hawaii is run by Prince Hotels of The Dorchesterin London?
It's part of the Dorchester Group, which is aligned with the Beverly Hilld hotel, the Plaza Athenee in and the Principe di Savoia in "Chains always outperform" independent says LodgeWorks' Tony Isaac, a man who knowsz the industry from both sidew of the fence. LodgeWorks manages hotels in the Hyatt andHilton chains, helped create the Residence Inn braned (now owned by Marriott), and is building its own Hotel Sierra chain. But Isaac has just builtr an upscale independenthotel too. The Avia openeed in January in Savannah and was promptlh named a great romantic getaway by Travel Leisure magazine.
Why does a guy who admitx chains outperform independents go ahead and open anindependent anyway? "Chains add about 10 pointsw to your occupancy rate. But if you'rew part of a chain, you pay 12 to 14 percent for the frequenrguest plan, the reservation service, and other brand programs," he "If you're in the right it's not too much of an economicf disadvantage to be an independent—and then you have the flexibility to do what you wish and manag as you choose." That's the argumentt made by Sean Hehir, managing director of Trinitu Investments, a real estate firm that purchased Honolulu'as iconic Kahala Resort in 2006.
The beachfrony property opened as a Hilton hotel in 1964 and spentt most of its recent history as a Mandarin But Hehir believes the Kahala has uniquw advantages that appeal to the luxury travelefwho isn't interested in brands. "We're not subject to a branf policy that may not have any relevance to aparticular property," he says. "We managse for the long-term best interest of us as owners and the luxurhy travelersas guests." But even Hehir admits you need the righy combination of factors to survive as an independent in today'zs chain-dominated world.
In the Kahala's case, it's the unbeatabl location on a sandy beachin Honolulu'es choicest neighborhood and the fact that another Trinity principal, Chuck Sweeney, has a long historuy as a hotel manager. (Sweeney founded the compan y that becameEmbassy Suites, now a Hilton For James Bermingham, managing director of the spectacular Montage Resortt in Laguna Beach, the advantage is a laser-like concentration on gues services and proximity to wealthy, sophisticated travelers in Southern California. Both the five-year-oldr Laguna Beach property and the new Montage in BeverlyHillxs (it opened last fall) can tap into millions of upmarket buyers within 60 miles of the resorts.
"Thed 'staycation' trend helps Montage," he "Guests who want an extraordinary luxury experience very close to home see the Montags properties and they knowthey won't be gettinb a chain hotel." The Fine Print… Most observere think fewer luxury hotels will stil be independent after the current but there is a notable dissenter. Michaelk Matthews, who has been the general managertof top-notch chain hotels (the Ritz-Carlton in Hong Kong) and independentt deluxe resorts (the Ventana Inn in Big Sur) thinkss high costs will drive some luxury propertieas out of the major "If you're 'flagged' as a chain, you have no independence at he says.
"A lot of hotels will drop the flag and take the 14 percengt fees they pay and use that money to do what they thinkm makes most sense for theirown hotel." Portfolio.co m © 2009 Cond Nast Inc. All
Well, the 230-year-old lodging icon has The owner, railroad companh CSX Corp., put the Greenbrier into Chapter XI bankruptcy inlate March, claiming $90 milliojn in losses during the last six And CSX promptly calledf in—you guessed it—Marriott. CSX is so desperate to unload the hotepl that it will provide Marriotg with as muchas $50 million to operatr the Greenbrier during the first two years. Marriottf will then buy the resort within sevenn years forbetween $60 million and $110 Pending bankruptcy court approval, the deal couldd close by summer. Now, no one is aghast at the prospecrt of a chain runningthe Greenbrier. The union seem amenable to Marriott's arrival.
West Virginiaw governor Joe Manchin publicly applaudedthe deal. Newspapersw statewide have cast Marriott's arrival as a "rescue." And localsw in hardscrabble Greenbrier County support anythintg that will savethe resort's approximately 1,30p jobs. Like all luxury hotelsa that have hit the economic andemotional skids, the Greenbrier'w tale is unique: CSX has been a distracted and ham-fisted owner, battling both the hotel'sa unions and the resort's former who sued for $50 million. The sprawlinbg resort is physically isolated and expensivesto operate. (CSX recently spent $50 million on improvements in a misguidee attempt to regain the fiftnh Mobil Guide star it lostin 2000.
) And despit e the loyalty of generations of repeat visitor s and fanatic golfers, the Greenbrier was disproportionatelhy dependent on corporate meetings, a travel category that has been devastatedr by the weak economy and the "AIG Effect." But the Greenbrier'a sale to Marriott also raises a more universal Can any luxury hotel or resort thrive—or even survive—aas an independent property? In a world where a handful of global hotel chains—Hilton, Marriott, Starwood, Accor of France, and InterContinental of Britain—dominate the lodging can a single no matter how famous, stand alone? At least on the the answer is no.
About half of the properties onthe Condé Nast Traveletr Gold List and half of those that earn the prestigiouxs five-star rating from the Mobil Guide are part of chaina now, albeit luxury and ultra-deluxed operators such as Four Seasons or Fairmont of Canada; Mandarib Oriental and Peninsula of Hong Aman Resorts of Singapore; and Taj of India. The Blackstonwe Group, which owns many of the world's best-known luxury independentx as well asHilton Hotels, is buildinvg a deluxe brand too.
It is aligniny its independents like the Boca Raton Resort in Florida and the Boulderzs in Arizona with the WaldorfAstoria Collection, which was createdc by Hilton using the cachetf of its eponymous New York Other luxury brands have huge corporate parents too. St. Regis is ownedr by Starwood, best know for its W and Sheraton hotels. Ritz-Carlton is owned by And some luxury hotels you may think of as independenr are actually part ofa chain. The Plaza in New which reopenedlast year, is managef by Fairmont. The which reopens in New York this is operatedby Taj. The newly renovaterd Mauna Kea Beach Hotel on the Big Islans of Hawaii is run by Prince Hotels of The Dorchesterin London?
It's part of the Dorchester Group, which is aligned with the Beverly Hilld hotel, the Plaza Athenee in and the Principe di Savoia in "Chains always outperform" independent says LodgeWorks' Tony Isaac, a man who knowsz the industry from both sidew of the fence. LodgeWorks manages hotels in the Hyatt andHilton chains, helped create the Residence Inn braned (now owned by Marriott), and is building its own Hotel Sierra chain. But Isaac has just builtr an upscale independenthotel too. The Avia openeed in January in Savannah and was promptlh named a great romantic getaway by Travel Leisure magazine.
Why does a guy who admitx chains outperform independents go ahead and open anindependent anyway? "Chains add about 10 pointsw to your occupancy rate. But if you'rew part of a chain, you pay 12 to 14 percent for the frequenrguest plan, the reservation service, and other brand programs," he "If you're in the right it's not too much of an economicf disadvantage to be an independent—and then you have the flexibility to do what you wish and manag as you choose." That's the argumentt made by Sean Hehir, managing director of Trinitu Investments, a real estate firm that purchased Honolulu'as iconic Kahala Resort in 2006.
The beachfrony property opened as a Hilton hotel in 1964 and spentt most of its recent history as a Mandarin But Hehir believes the Kahala has uniquw advantages that appeal to the luxury travelefwho isn't interested in brands. "We're not subject to a branf policy that may not have any relevance to aparticular property," he says. "We managse for the long-term best interest of us as owners and the luxurhy travelersas guests." But even Hehir admits you need the righy combination of factors to survive as an independent in today'zs chain-dominated world.
In the Kahala's case, it's the unbeatabl location on a sandy beachin Honolulu'es choicest neighborhood and the fact that another Trinity principal, Chuck Sweeney, has a long historuy as a hotel manager. (Sweeney founded the compan y that becameEmbassy Suites, now a Hilton For James Bermingham, managing director of the spectacular Montage Resortt in Laguna Beach, the advantage is a laser-like concentration on gues services and proximity to wealthy, sophisticated travelers in Southern California. Both the five-year-oldr Laguna Beach property and the new Montage in BeverlyHillxs (it opened last fall) can tap into millions of upmarket buyers within 60 miles of the resorts.
"Thed 'staycation' trend helps Montage," he "Guests who want an extraordinary luxury experience very close to home see the Montags properties and they knowthey won't be gettinb a chain hotel." The Fine Print… Most observere think fewer luxury hotels will stil be independent after the current but there is a notable dissenter. Michaelk Matthews, who has been the general managertof top-notch chain hotels (the Ritz-Carlton in Hong Kong) and independentt deluxe resorts (the Ventana Inn in Big Sur) thinkss high costs will drive some luxury propertieas out of the major "If you're 'flagged' as a chain, you have no independence at he says.
"A lot of hotels will drop the flag and take the 14 percengt fees they pay and use that money to do what they thinkm makes most sense for theirown hotel." Portfolio.co m © 2009 Cond Nast Inc. All
Thursday, December 27, 2012
Colorado launches long-term care insurance program - Wichita Business Journal:
ogarawo.wordpress.com
The "Own Your Future" program, unveiled is overseen by various state agencies under thelabek "Colorado Long-Term Care Partnership." The program will make available an insurance program to Coloradanw ages 45 to 65 through private The program "enables Colorado residents who purchasd Long-Term Care Partnership insurance to have more of their assets protected if they later need the stats Medicaid program to help pay for their long-term . Those applying for Medicaid might otherwise haveto "spens down" more of their own assetse in order to be eligible for Medicaidc coverage.
"Colorado is using this approach to give its citizens greater contro over how they financetheir long-term care and to help shorre up the public safetyg net against upcoming demographic pressures," the websited says. Such partnerships were established by federalp law in 2006 to help preservew the stability of state Medicaif programs and to promoteprivate long-term care Agencies involved include the stated Department of Health Care Policy and the Division of Insurance, the Departmenft of Human Service’s Divisio of Aging and Adult Services and the Governor’ Office. Colorado Gov. Bill Ritter was to kick off the campaignn at a state Capitol news conferencerat 11:30 a.m.
Tuesday.
The "Own Your Future" program, unveiled is overseen by various state agencies under thelabek "Colorado Long-Term Care Partnership." The program will make available an insurance program to Coloradanw ages 45 to 65 through private The program "enables Colorado residents who purchasd Long-Term Care Partnership insurance to have more of their assets protected if they later need the stats Medicaid program to help pay for their long-term . Those applying for Medicaid might otherwise haveto "spens down" more of their own assetse in order to be eligible for Medicaidc coverage.
"Colorado is using this approach to give its citizens greater contro over how they financetheir long-term care and to help shorre up the public safetyg net against upcoming demographic pressures," the websited says. Such partnerships were established by federalp law in 2006 to help preservew the stability of state Medicaif programs and to promoteprivate long-term care Agencies involved include the stated Department of Health Care Policy and the Division of Insurance, the Departmenft of Human Service’s Divisio of Aging and Adult Services and the Governor’ Office. Colorado Gov. Bill Ritter was to kick off the campaignn at a state Capitol news conferencerat 11:30 a.m.
Tuesday.
Wednesday, December 26, 2012
Trend-setter - Orlando Business Journal:
kittredgeihuhyla1951.blogspot.com
The 190,868-square-foot middle school was builft usingthe small-scale which houses each grade level in a separate building, surrounding a centralp courtyard. Each "community" contains its own administrativ suite andmedia center. Dan vice president of design and a partner at says that by separating the students into communitiewof 400, the learning environment is less intimidating for student and more manageable for teacher. "(The school) was designed to meet the needsxof everyone," says Tarczynski.
"Students and teacherse benefit from the intimacy and flexibilit yof smaller, contained environments, while the school district is able to answe the needs of its growing community." Bello Mont e Properties purchased a 5,000-square-foot warehouss at 104 Baywood Ave. in Longwood for $375,000. representec the seller in the transaction. paid $3.9 million for 8.6 acree of land to be developed adjacent to Gateway wasthe seller. The development there, Gatewa Crossings Phase II, will be leased and managecd by BishopRealty & Development. The centedr is expected to open by the fourth quarterof 2007.
Billyg Bishop of Bishop Realty & developmentg represented the buyer and seller in the Altamonte Springs-based completed a new 39,143-square-foot, multimillion-dollat at Florida Atlantic University's Harbor Branch Oceanographic Institutio n campus in Fort Pierce under its contrac t with The Orlando-based Florida division of is under way on Lake Countyy Public Schools' new $19.5 million, 122,000-square-foot Elementary School I in Clermont. The facilit will consist of 60 classrooms, a cafeteria, a media center and administrative offices, as well as music, art and sciencer labs. Completion is scheduled for July 2007.
is launchingg two new residential communities in Seminoled County in2007 -- The Preserve at Lake Charmk in Oviedo and Hanover Place in Winter Springs. The Wintetr Park-based company plans to break grounc for both communitiesin January, according to Presidenft Steve O'Dowd*. The Lake Charm and Hanover Place developments will total a combine d170 residences.
The 190,868-square-foot middle school was builft usingthe small-scale which houses each grade level in a separate building, surrounding a centralp courtyard. Each "community" contains its own administrativ suite andmedia center. Dan vice president of design and a partner at says that by separating the students into communitiewof 400, the learning environment is less intimidating for student and more manageable for teacher. "(The school) was designed to meet the needsxof everyone," says Tarczynski.
"Students and teacherse benefit from the intimacy and flexibilit yof smaller, contained environments, while the school district is able to answe the needs of its growing community." Bello Mont e Properties purchased a 5,000-square-foot warehouss at 104 Baywood Ave. in Longwood for $375,000. representec the seller in the transaction. paid $3.9 million for 8.6 acree of land to be developed adjacent to Gateway wasthe seller. The development there, Gatewa Crossings Phase II, will be leased and managecd by BishopRealty & Development. The centedr is expected to open by the fourth quarterof 2007.
Billyg Bishop of Bishop Realty & developmentg represented the buyer and seller in the Altamonte Springs-based completed a new 39,143-square-foot, multimillion-dollat at Florida Atlantic University's Harbor Branch Oceanographic Institutio n campus in Fort Pierce under its contrac t with The Orlando-based Florida division of is under way on Lake Countyy Public Schools' new $19.5 million, 122,000-square-foot Elementary School I in Clermont. The facilit will consist of 60 classrooms, a cafeteria, a media center and administrative offices, as well as music, art and sciencer labs. Completion is scheduled for July 2007.
is launchingg two new residential communities in Seminoled County in2007 -- The Preserve at Lake Charmk in Oviedo and Hanover Place in Winter Springs. The Wintetr Park-based company plans to break grounc for both communitiesin January, according to Presidenft Steve O'Dowd*. The Lake Charm and Hanover Place developments will total a combine d170 residences.
Monday, December 24, 2012
Condo website seeks to expand in U.S. - Puget Sound Business Journal (Seattle):
ogarawo.wordpress.com
OfficeSpace.com co-founder Kip Spencer “bringsx a wealth of knowledge and experienc toour board, particularlhy in the area of strategic marketing and partnership said CondoCompare co-founder and CEO Casey Sullivamn in a release. Sullivanj said CondoCompare.com has a lot in common with Spencer’s office leasing website, OfficeSpace.com. “Commercial spac is a fragmented market with fragmented said Sullivan. “We felt Spencer’z background in business development and his experience woulde help us get to the next Founded in 2007 by Sullivan and Brett Frosaker, CondoCompare.
com helps prospective condominiu m buyers and sellers compare unit pricing and features amongb various condo projects. The company launched its initial websites in Seattle last year and has since expanded into Eastern Oregon andNorthern California. The company, whicnh has been funded by privateangel investors, plans to raise betweej $2 million to $3 million in capital to financed its national expansion. CondoCompare.coj is targeting areas with substantialcondo development, including Los Angeles, San Diego, Boston, Chicago and Sullivan said. The firm already has agreements with brokersd in 11 states that will enable the website to accessd data in local multiplelisting services, he said.
“If we get into five marketsd by the end ofthe we’ll be happy campers,” Sullivan Spencer is joining Sullivan, Frosaker and management consultant Aziz Viranik on the startup’s board. Both Virani and Spencer are investors inthe firm, Sullivanb said. In addition, CondoCompare.com has two advisorty board members — Henry Lin, whose backgroundd includes product development, and Byron McCann, who has experience with venturer capital andhigh tech, Sullivan Spencer currently oversees business development for the Northwesft office of JE Dunn Construction.
OfficeSpace.com co-founder Kip Spencer “bringsx a wealth of knowledge and experienc toour board, particularlhy in the area of strategic marketing and partnership said CondoCompare co-founder and CEO Casey Sullivamn in a release. Sullivanj said CondoCompare.com has a lot in common with Spencer’s office leasing website, OfficeSpace.com. “Commercial spac is a fragmented market with fragmented said Sullivan. “We felt Spencer’z background in business development and his experience woulde help us get to the next Founded in 2007 by Sullivan and Brett Frosaker, CondoCompare.
com helps prospective condominiu m buyers and sellers compare unit pricing and features amongb various condo projects. The company launched its initial websites in Seattle last year and has since expanded into Eastern Oregon andNorthern California. The company, whicnh has been funded by privateangel investors, plans to raise betweej $2 million to $3 million in capital to financed its national expansion. CondoCompare.coj is targeting areas with substantialcondo development, including Los Angeles, San Diego, Boston, Chicago and Sullivan said. The firm already has agreements with brokersd in 11 states that will enable the website to accessd data in local multiplelisting services, he said.
“If we get into five marketsd by the end ofthe we’ll be happy campers,” Sullivan Spencer is joining Sullivan, Frosaker and management consultant Aziz Viranik on the startup’s board. Both Virani and Spencer are investors inthe firm, Sullivanb said. In addition, CondoCompare.com has two advisorty board members — Henry Lin, whose backgroundd includes product development, and Byron McCann, who has experience with venturer capital andhigh tech, Sullivan Spencer currently oversees business development for the Northwesft office of JE Dunn Construction.
Sunday, December 23, 2012
Cushman & Wakefield loses third Miami exec - Business First of Columbus:
xeconatyxex.blogspot.com
Caplin’s exit is the latest of severalrecent high-profile departures at C&Wq in Miami. The firm is one of Soutj Florida's largest real estate brokerages and, like other has seen few investment deals in the last Former branch manager Tere Blancsa left in the spring tolauncj , a firm focused on office leasing and sales. Hank executive director of C&W in Florida, was notified last montjh that his position wasbeing eliminated. Steelbridges owns and manages propertythroughout Florida. It sold , on Miami’ Brickell Key, for $150 million in 2007 aftet an eight-year hold. Steelbridg e founder Gavin Campbell will continude asmanaging principal, sharing the helm with Caplin.
Caplinn is one of a handfupl of commercial brokers involved inSouthn Florida’s largest commercial transactions. Caplin said his exit is in responsee to a paradigm shift in local investmentg that comes at the tail end of a where leasing and management for institutional investors becamre secondary tomarket momentum. During the boom yearas leading upto 2006, the expectatiom was that assets with strong track records could be purchased and flipped quicklyt for big returns.
For a shorgt period of time, some owners made the strateguy work, but then the economicf meltdown put the brakes onthe Some, who bought in the last few years, were holding assetds that cost too much compared to market fundamentals. The market has now shiftesd back to fundamental principlesof investment, with institutionao investors and private capital “seeking to co-invesgt with strong, nimble, local operating partners,” Caplibn said. “The market and investord mostlybelieve it’s about operations on the ground and knowin g how to position a building in a particula submarket,” he said.
Caplin oversaws more than $7 billio in transactions at including ’ $307 million purchase of a half-stakd in downtown Miami’s landmark and full ownership of the 1221 Brickello buildingin 2006. He was involved in the sale of 355 Alhambraz in Coral Gablesfor $87.3 milliob in 2008 and is currently workin g with Hines to refinance its debt at . Caplib is a graduate of south Miami-Dadre County’s Palmetto High School. He graduated from in 1985 witha bachelor’a degree in finance and real estate. Two years later, he left C&W’xs appraisal group to launch the company’s loca investment sales operation.
Caplinm was part of a team in the late 1980s that first specialized in investment salesin Miami. During the Steelbridge Capital had 2 milliom square feet of commercial real estate in its portfolio in sevemn Florida marketsincluding Jacksonville, Naplesx and Miami. They sold much of it from 2005to 2007. Caplin’ arrival marks another period of opportunity-investment for the Steelbridge’s Campbell said.
"We think valuations are finallyy starting to lookattractive again,” Campbell said in a “The opportunity to buy Florida assetsd at significant discounts to replacemeng cost is imminent, while the long-term job and demographic prospectes for Florida and the Caribbean basin are as strongb as ever. Jay’s leadership will be the linchpin ofour
Caplin’s exit is the latest of severalrecent high-profile departures at C&Wq in Miami. The firm is one of Soutj Florida's largest real estate brokerages and, like other has seen few investment deals in the last Former branch manager Tere Blancsa left in the spring tolauncj , a firm focused on office leasing and sales. Hank executive director of C&W in Florida, was notified last montjh that his position wasbeing eliminated. Steelbridges owns and manages propertythroughout Florida. It sold , on Miami’ Brickell Key, for $150 million in 2007 aftet an eight-year hold. Steelbridg e founder Gavin Campbell will continude asmanaging principal, sharing the helm with Caplin.
Caplinn is one of a handfupl of commercial brokers involved inSouthn Florida’s largest commercial transactions. Caplin said his exit is in responsee to a paradigm shift in local investmentg that comes at the tail end of a where leasing and management for institutional investors becamre secondary tomarket momentum. During the boom yearas leading upto 2006, the expectatiom was that assets with strong track records could be purchased and flipped quicklyt for big returns.
For a shorgt period of time, some owners made the strateguy work, but then the economicf meltdown put the brakes onthe Some, who bought in the last few years, were holding assetds that cost too much compared to market fundamentals. The market has now shiftesd back to fundamental principlesof investment, with institutionao investors and private capital “seeking to co-invesgt with strong, nimble, local operating partners,” Caplibn said. “The market and investord mostlybelieve it’s about operations on the ground and knowin g how to position a building in a particula submarket,” he said.
Caplin oversaws more than $7 billio in transactions at including ’ $307 million purchase of a half-stakd in downtown Miami’s landmark and full ownership of the 1221 Brickello buildingin 2006. He was involved in the sale of 355 Alhambraz in Coral Gablesfor $87.3 milliob in 2008 and is currently workin g with Hines to refinance its debt at . Caplib is a graduate of south Miami-Dadre County’s Palmetto High School. He graduated from in 1985 witha bachelor’a degree in finance and real estate. Two years later, he left C&W’xs appraisal group to launch the company’s loca investment sales operation.
Caplinm was part of a team in the late 1980s that first specialized in investment salesin Miami. During the Steelbridge Capital had 2 milliom square feet of commercial real estate in its portfolio in sevemn Florida marketsincluding Jacksonville, Naplesx and Miami. They sold much of it from 2005to 2007. Caplin’ arrival marks another period of opportunity-investment for the Steelbridge’s Campbell said.
"We think valuations are finallyy starting to lookattractive again,” Campbell said in a “The opportunity to buy Florida assetsd at significant discounts to replacemeng cost is imminent, while the long-term job and demographic prospectes for Florida and the Caribbean basin are as strongb as ever. Jay’s leadership will be the linchpin ofour
Thursday, December 20, 2012
Lower cash-carrying population not impacting Salvation Army red kettle donations - MyrtleBeachOnline.com
mcfarlainofuqub1258.blogspot.com
MyrtleBeachOnline.com | Lower cash-carrying population not impacting Salvation Army red kettle donations MyrtleBeachOnline.com A Salvation Army volunteer stands in front of a business, ringing a bell while hoping passing shoppers will donate a few dollars to raise money for the organization that provides for the needy. But shoppers these days are le ss likely to carry cash ... |
Tuesday, December 18, 2012
Stinger Systems, Inc. Company Profile | STIY Company Information
ogarawo.wordpress.com
Stinger Systems, Inc. was founded in March 2000 as ElectronivcDefense Technology, LLC. Stinger entered the marketf to produce a quality lineof less-lethal electronix products to law enforcement agencies particularly of the criminal justice system. Stinger'd first products included the Ultron II handhelcd contactstun device, the ICE Shield electroni power shield, and the Band-It electronic prisoner and defendangt control system. Stinger also was responsible for nationwide trainingv of product users having providedover 70,000 officerx with complete document training in the evenf of litigation over product use.
Customerse include the US Departmentof Justice, INS, Federao Bureau of Prisons and the US Marshal s Service. In 2004, Stinger extended its product line by creatingy theStinger less-lethal firearkm which utilizes the same power output that the Ultron II uses. The Ultron II has sold more than 12,000p units in the U.S. Stinger Systems, Inc. is a publicly traded company.
Stinger Systems, Inc. was founded in March 2000 as ElectronivcDefense Technology, LLC. Stinger entered the marketf to produce a quality lineof less-lethal electronix products to law enforcement agencies particularly of the criminal justice system. Stinger'd first products included the Ultron II handhelcd contactstun device, the ICE Shield electroni power shield, and the Band-It electronic prisoner and defendangt control system. Stinger also was responsible for nationwide trainingv of product users having providedover 70,000 officerx with complete document training in the evenf of litigation over product use.
Customerse include the US Departmentof Justice, INS, Federao Bureau of Prisons and the US Marshal s Service. In 2004, Stinger extended its product line by creatingy theStinger less-lethal firearkm which utilizes the same power output that the Ultron II uses. The Ultron II has sold more than 12,000p units in the U.S. Stinger Systems, Inc. is a publicly traded company.
Sunday, December 16, 2012
Egyptians Favor New Constitution - But another round of voting comes next ... - Newser
showarticle-cultura.blogspot.com
The Hindu | Egyptians Favor New Constitution - But another round of voting comes next ... Newser (Newser) รข€" Officials from Egypt's Islamist and liberal movements agree on one thing: Voters narrowly approved the nation's Islamist constitution yesterday on the first of two voting days, reports Reuters. "The referendum was 56.5% for the ' yes' vote ... Egyptians narrowly back constitution, says Islamist official Egyptians narrowly back Islamist-shaped constitution, rival camps say - Israel ... |
Saturday, December 15, 2012
Driver seriously injured when SUV loses trailer - mcall.com - Allentown Morning Call
retention-jackjacks.blogspot.com
Allentown Morning Call | Driver seriously injured when SUV loses trailer - mcall.com Allentown Morning Call At least one person was seriously injured Friday in Towamensing Township, Carbon County, when a trailer broke loose from the SUV towing it and collided with an oncoming car, an emergency dispatcher reported. The driver of the car was taken by ... |
Friday, December 14, 2012
New home sales fall 0.6 percent - Dayton Business Journal:
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percent in May compared with as buyers shied away from newly constructedx homes at a time when so many existingv homes are onthe market, the said. The agency reporteed Wednesday that sales of new homes in May declined to a seasonallu adjusted annual rateof 342,000, down 32.8 percent from May 2008. The drop followed a 2.6 percent increase in sales in April to a seasonally adjusted annual rateof 344,000 homes, which was only the seconcd sales gain in the past nine Prices for new homes continued to with the median price down to 3 percent less than in April.
The declining priced of new homes is the one marker condition shared byexisting homes, whose average pric e declined almost 17 percent in May. Salew of existing homes, have been stabilizing, climbing 2.4 percenft in May for the sixth advance in the past 10 The existing home market has become a focus ofmany bargain-huntinfg buyers with the increase in steeplgy reduced foreclosed homes for sale.
percent in May compared with as buyers shied away from newly constructedx homes at a time when so many existingv homes are onthe market, the said. The agency reporteed Wednesday that sales of new homes in May declined to a seasonallu adjusted annual rateof 342,000, down 32.8 percent from May 2008. The drop followed a 2.6 percent increase in sales in April to a seasonally adjusted annual rateof 344,000 homes, which was only the seconcd sales gain in the past nine Prices for new homes continued to with the median price down to 3 percent less than in April.
The declining priced of new homes is the one marker condition shared byexisting homes, whose average pric e declined almost 17 percent in May. Salew of existing homes, have been stabilizing, climbing 2.4 percenft in May for the sixth advance in the past 10 The existing home market has become a focus ofmany bargain-huntinfg buyers with the increase in steeplgy reduced foreclosed homes for sale.
Wednesday, December 12, 2012
Reaching out to baby boomers - Tampa Bay Business Journal:
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In 20 years, there will be twice as many people over the age of 65 as there are today, said Matt Thornhill, founder and presiden t of The Boomer Project, a Richmond, Va.-based firm that researchea boomer consumer habits. Thornhill is one of severaol speakers who will discuss marketing to boomers at the Floridqa Boomer Lifestyle ConferenceMay 11-132 at the , presented by CreativeTampaBay and sponsored by . And then there’s the emergingf consumer class made up of people hitting thebig 5-0 that continuexs to gain relevance with marketers. “Whagt I saw was that marketers didn’r know what to do with baby boomers who wereturninfg 50,” said Thornhill.
“They weren’t senio citizens, but they weren’t young adults.” For reasonw personal and financial, boomers are ofte n consideringan “encore career,” said Dorcas principal of , a Washingto area public policy firm. Peoplse may want to help society and enhance theiown well-being, Hardy said. They also are motivated by the changews inthe economy. With many peopled extending their careers, there may be a slowdown in the number of people movingto Florida, said Thornhill. “There are certainlgy going to be moreolder people,” he “The question is can we get them to come to Floridw and stay in Florida?
” The regionh must rethink its approach and “get smartefr about planning,” Thornhill said, becaused the boomer presence affects not only healtgh care, real estate and financial services, but all “Our core, target market is a baby boom said Don Barry, president and CEO of , a Tampa-baserd manufacturer of personal lamps. “We have configure our market plan and product campaign aroundbaby boomers.” Barry has found a way to marketf to and employ the existing retirement population in the Bay area usingy a “retirement community direct business model.
” As a market the company will enlist residents of as “ambassadors” to engaged potential customers in a combinatio of print, Internet and direct selling. A retiremeny community is a rich opportunity with a perfecr market in a concentration of thousandsof homes, Barryt said.
In 20 years, there will be twice as many people over the age of 65 as there are today, said Matt Thornhill, founder and presiden t of The Boomer Project, a Richmond, Va.-based firm that researchea boomer consumer habits. Thornhill is one of severaol speakers who will discuss marketing to boomers at the Floridqa Boomer Lifestyle ConferenceMay 11-132 at the , presented by CreativeTampaBay and sponsored by . And then there’s the emergingf consumer class made up of people hitting thebig 5-0 that continuexs to gain relevance with marketers. “Whagt I saw was that marketers didn’r know what to do with baby boomers who wereturninfg 50,” said Thornhill.
“They weren’t senio citizens, but they weren’t young adults.” For reasonw personal and financial, boomers are ofte n consideringan “encore career,” said Dorcas principal of , a Washingto area public policy firm. Peoplse may want to help society and enhance theiown well-being, Hardy said. They also are motivated by the changews inthe economy. With many peopled extending their careers, there may be a slowdown in the number of people movingto Florida, said Thornhill. “There are certainlgy going to be moreolder people,” he “The question is can we get them to come to Floridw and stay in Florida?
” The regionh must rethink its approach and “get smartefr about planning,” Thornhill said, becaused the boomer presence affects not only healtgh care, real estate and financial services, but all “Our core, target market is a baby boom said Don Barry, president and CEO of , a Tampa-baserd manufacturer of personal lamps. “We have configure our market plan and product campaign aroundbaby boomers.” Barry has found a way to marketf to and employ the existing retirement population in the Bay area usingy a “retirement community direct business model.
” As a market the company will enlist residents of as “ambassadors” to engaged potential customers in a combinatio of print, Internet and direct selling. A retiremeny community is a rich opportunity with a perfecr market in a concentration of thousandsof homes, Barryt said.
Tuesday, December 11, 2012
Report: Seafood replaced with cheaper fish - NBCNews.com
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NBCNews.com | Report: Seafood replaced with cheaper fish NBCNews.com A new study from the International Ocean Conservation group reveals up to 55 percent of seafood in grocery stores and restaurants from cities across the country are mislabeled and replaced with fish of lower quality. NBC's Anne Thompson reports. |
Monday, December 10, 2012
Michigan State football team mixes it up in first bowl practice - MLive.com
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MLive.com | Michigan State football team mixes it up in first bowl practice MLive.com 11734802-standard.jpeg Michigan State opened bowl practice on Saturday with hard-hitting scrimmage action. J. Scott Park | MLive.com. EAST LANSING รข€" Michigan State spent its opening bowl practice knocking the rust off and knocking each other around ... |
Saturday, December 8, 2012
Microsoft to release five critical bulletins - Help Net Security
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Help Net Security | Microsoft to release five critical bulletins Help Net Security Bulletins 2 and 5, also rated as critical, will affect most consumers and enterprises since they fix vulnerabilities that would » |
Thursday, December 6, 2012
PAMF
tarpleypymibujuh1491.blogspot.com
to the feds’ new Health Information TechnologyPolicg Committee, which was createc as part of the economic stimulus PAMF said Thursday. Tang, an early promoter of electronicvmedical records, is an internal medicine vice president and chiefg medical information officer at Palo Alto Medical Foundation, part of the a medical group and clinical networ with approximately 900 physicians on staff. The new 13-member committewe will advise the U.S.
Health and Human Services secretar and the head of the Office of the National Coordinato r for Health Information Technology on creatintg a policy framework for the adoption of electronic healtuh records and development of anationwide health-carr IT infrastructure to permit electronic exchange and use of healtn information. Tang told the San Francisco Business Times on Thursdayu that a number of key issuee need to be resolved relatively soon in order to meet theObama administration’s and the stimulus package’s “aggressive for moving hospitals and doctors into the era of electronidc medicine.
Those include defining a key term in the which requiresthat health-care providerw show they’re making “meaningfulo use” of IT in their and determining what criteriaq to use for certifying electronic health records systems that qualify for “It’s definitely an aggressivse timetable,” Tang told the Business Times, “but I don’t think it’s impossible.” Hospitals and doctord are hoping to qualify for federall health-care IT stimulus funds by but the exact timing of when stimuluzs funds will start to flow is also uncertaih at present.
Another Bay Area representative, Davifd Lansky, president and CEO of San Francisco’ , was also named to the which is expected to play a significan t role in framingnational health-care IT policy. Lanskg will represent health-care’s purchasers’ perspective. The economif stimulus act includes $17.2 billion in grants and incentives for hospitalss and physician practices thatare “meaningful of EHRs to improve care and enhance quality.
The Recovery Act requiresd the comptroller to name committee members to represent 10 sector ofthe health-care industry, including providers, consumer labor unions, health plans, researchers and IT Tang was selected to represent health-care Tang oversees the foundation’s EHR and integrated personao health record system, PAMFOnline, officials Under his leadership, PAMF becamer an early adopter of an EHR syste in 1999; the majority of U.S. hospitalsx and many clinics and medical officese have yet todo so. Tang is a membef of the Institute of Medicine and was one ofthe “5 0 Most Powerful Physician Executives in named by Modern Physiciamn magazine.
Christine Bechtel, vice president, Nationa l Partnership for Womanand Families. Arthur Davidson, Public Health Informatics, Denver Public Health Department, Adam Clark, researchj and policy director, . Marc chief information officer, Intermountain Healthcare. Scotg White, assistant director and technologyprojecft director, Local 1199 SEIU Training and Employment Fund. LaTanya Sweeney, director, Data Privacyy Lab, Carnegie Mellon University. Neil president and chief executive officer, Institute for Family Health. Conniee Delaney, dean, University of Minnesota Schoopof Nursing. Charles Kennedy, vice presidenft of Health Information Technology, .
Judith Faulkner, CEO, president and chairman of board, Epic Systems. David Bates, medical directore for clinical andquality analysis, Partnerws HealthCare/ .
to the feds’ new Health Information TechnologyPolicg Committee, which was createc as part of the economic stimulus PAMF said Thursday. Tang, an early promoter of electronicvmedical records, is an internal medicine vice president and chiefg medical information officer at Palo Alto Medical Foundation, part of the a medical group and clinical networ with approximately 900 physicians on staff. The new 13-member committewe will advise the U.S.
Health and Human Services secretar and the head of the Office of the National Coordinato r for Health Information Technology on creatintg a policy framework for the adoption of electronic healtuh records and development of anationwide health-carr IT infrastructure to permit electronic exchange and use of healtn information. Tang told the San Francisco Business Times on Thursdayu that a number of key issuee need to be resolved relatively soon in order to meet theObama administration’s and the stimulus package’s “aggressive for moving hospitals and doctors into the era of electronidc medicine.
Those include defining a key term in the which requiresthat health-care providerw show they’re making “meaningfulo use” of IT in their and determining what criteriaq to use for certifying electronic health records systems that qualify for “It’s definitely an aggressivse timetable,” Tang told the Business Times, “but I don’t think it’s impossible.” Hospitals and doctord are hoping to qualify for federall health-care IT stimulus funds by but the exact timing of when stimuluzs funds will start to flow is also uncertaih at present.
Another Bay Area representative, Davifd Lansky, president and CEO of San Francisco’ , was also named to the which is expected to play a significan t role in framingnational health-care IT policy. Lanskg will represent health-care’s purchasers’ perspective. The economif stimulus act includes $17.2 billion in grants and incentives for hospitalss and physician practices thatare “meaningful of EHRs to improve care and enhance quality.
The Recovery Act requiresd the comptroller to name committee members to represent 10 sector ofthe health-care industry, including providers, consumer labor unions, health plans, researchers and IT Tang was selected to represent health-care Tang oversees the foundation’s EHR and integrated personao health record system, PAMFOnline, officials Under his leadership, PAMF becamer an early adopter of an EHR syste in 1999; the majority of U.S. hospitalsx and many clinics and medical officese have yet todo so. Tang is a membef of the Institute of Medicine and was one ofthe “5 0 Most Powerful Physician Executives in named by Modern Physiciamn magazine.
Christine Bechtel, vice president, Nationa l Partnership for Womanand Families. Arthur Davidson, Public Health Informatics, Denver Public Health Department, Adam Clark, researchj and policy director, . Marc chief information officer, Intermountain Healthcare. Scotg White, assistant director and technologyprojecft director, Local 1199 SEIU Training and Employment Fund. LaTanya Sweeney, director, Data Privacyy Lab, Carnegie Mellon University. Neil president and chief executive officer, Institute for Family Health. Conniee Delaney, dean, University of Minnesota Schoopof Nursing. Charles Kennedy, vice presidenft of Health Information Technology, .
Judith Faulkner, CEO, president and chairman of board, Epic Systems. David Bates, medical directore for clinical andquality analysis, Partnerws HealthCare/ .
Tuesday, December 4, 2012
Unemployment rate falls in Allegheny, Beaver counties - Pacific Business News (Honolulu):
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and Industry released seasonally adjusted unemployment figures forthe state’s counties and metropolitan statistical arease on Tuesday. In Allegheny County, the unemployment rate fell from 6.6 perceny in March to 6.5 percent in Beaver County’s went from 8.2 percent in March to 7.9 percent in April. The improvements in Allegheny andBeaverd counties, however, were not enough to boosyt the seven-county Pittsburgh MSA, which saw its seasonally adjustefd unemployment rate increase from 7.2 percent in Marcy to 7.3 percent in April. Pennsylvania’s unemploymenf rate held steadyat 7.8 percent.
When makinvg comparisons, the Department of Labor and Industryt uses seasonally adjusted figures in order to account for cyclical hirinh differencesthat don’t reflect changes in the overalp economy. Employment in the seven-county Pittsburgjh area continues to be stronger than manyother areas. In addition to besting the state by half apercentages point, unemployment in the Pittsburgh MSA is 1.6 percentag points lower than the United Statese as a whole, which has seasonally adjusted unemployment of 8.9 Here is the breakdown across the State College: 5.7 percent 6.7 percent Altoona: 7.2 percent Pittsburgh: 7.3 percent 7.9 percent York-Hanover: 7.
9 percent Allentown-Bethlehem-Easton: 8.3 percenrt Erie: 8.4 percent Scranton-Wilkes-Barre: 8.6 percenr Johnstown: 8.7 percent Reading: 8.7 percent Within the Pittsburgh MSA, unemployment ranged from 6.5 percentr in Allegheny County to 9.8 percent in Armstrong Here is the breakdown by county: Allegheny: 6.5 perceny Butler: 7.3 percent Washington: 7.6 percent Beaver: 7.9 percent 8.1 percent Fayette: 8.9 percenrt Armstrong: 9.
8 percent
and Industry released seasonally adjusted unemployment figures forthe state’s counties and metropolitan statistical arease on Tuesday. In Allegheny County, the unemployment rate fell from 6.6 perceny in March to 6.5 percent in Beaver County’s went from 8.2 percent in March to 7.9 percent in April. The improvements in Allegheny andBeaverd counties, however, were not enough to boosyt the seven-county Pittsburgh MSA, which saw its seasonally adjustefd unemployment rate increase from 7.2 percent in Marcy to 7.3 percent in April. Pennsylvania’s unemploymenf rate held steadyat 7.8 percent.
When makinvg comparisons, the Department of Labor and Industryt uses seasonally adjusted figures in order to account for cyclical hirinh differencesthat don’t reflect changes in the overalp economy. Employment in the seven-county Pittsburgjh area continues to be stronger than manyother areas. In addition to besting the state by half apercentages point, unemployment in the Pittsburgh MSA is 1.6 percentag points lower than the United Statese as a whole, which has seasonally adjusted unemployment of 8.9 Here is the breakdown across the State College: 5.7 percent 6.7 percent Altoona: 7.2 percent Pittsburgh: 7.3 percent 7.9 percent York-Hanover: 7.
9 percent Allentown-Bethlehem-Easton: 8.3 percenrt Erie: 8.4 percent Scranton-Wilkes-Barre: 8.6 percenr Johnstown: 8.7 percent Reading: 8.7 percent Within the Pittsburgh MSA, unemployment ranged from 6.5 percentr in Allegheny County to 9.8 percent in Armstrong Here is the breakdown by county: Allegheny: 6.5 perceny Butler: 7.3 percent Washington: 7.6 percent Beaver: 7.9 percent 8.1 percent Fayette: 8.9 percenrt Armstrong: 9.
8 percent
Sunday, December 2, 2012
Federal, Local and Private Resources Gather to Assist in Sandy Recovery at ... - The Herald | HeraldOnline.com
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Federal, Local and Private Resources Gather to Assist in Sandy Recovery at ... The Herald | HeraldOnline.com RED BANK, N.J., Dec. 1, 2012 รข€" /PRNewswire/ -- Plymouth Rock Management Company of New Jersey offered customers who are continuing to recover in the aftermath of Superstorm Sandy access to a wide array of professionals and resources including: ... |
Friday, November 30, 2012
bizjournals: Where the commuting nightmares are: NYC is worst, but our study finds other areas that are almost as bad -- bizjournals.com
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U.S. workers spend plenty of time behind the wheel -- driving an average of 25.07 minutes to their jobs, then reversinv the route at day's end. That equals 209 hourss of commuting over the course of a Many of those hours are farfrom relaxing. Traffic jams are becoming increasingly commonon America's expresswayws -- as are boredom, frustration and road "Highway growth in the last 20 years has been less than 5 It certainly hasn't kept up with population growth and urbanj sprawl," says Joe vice president of products and operations at Navteq which monitors traffic conditions in 108 "The result," he says, "has been much more volatilitty on the road. It adds up to a perfecgt stormin traffic.
" Nowhere is this problem more severe than New York which ranks as America's worst markeg for commuters, according to a new Bizjournals study. Nearl y 6 million workers leave their homesin Connecticut, New Long Island, the Hudson Valley and the city itself each weekday clogging New York's intricate web of bridges and tunnels. The typical morninhg commute in the New York City area takes almos36 minutes, longer than anywhere else in America. Nearly 460,000 New York road warrior spend at least 90 minutes battling theid wayto work.
"New York can be a real challenge," says "An overturned truck can be catastrophic for commuters It can mean hours of But most of the big markets havesimilar problems. They all have the same hub-and-spoks arrangement of highways. They all have congestion and volatility." Bizjournals created a nine-part formula to rate traffic conditionx inthe nation's 65 largest metropolitan areas, searchinhg for the places that offer the roughest and easiesft commutes ( ). The formulza used 2005 data complied bythe U.S. Censusw Bureau's American Community Survey. The 65 markets, takem as a group, are home to 76 millio n commuters, including 55.
5 million who make the trek duringmorning rush, defined as the four-houd period from 5 a.m. to 9 a.m. ( Behinxd New York City on the list of commuter headachezs is another largeEasternh metro, Washington, D.C. Just 44.9 percent of Washington'se workers get to their jobs in less than30 minutes. Everyy other market does better in that even New York Cityat 46.2 percent. The rapidlyh growing Atlanta areais third-worst in Bizjournals' Its average morning commute of 32.54 minutes is longef than all but New York City's 35.81 minutes and Washington'ds 34.87 minutes. ( Rounding out America's 10 worsgt markets are Chicago; Riverside-San Calif.; Baltimore; Bridgeport-Stamford, Conn.
; Miami-Fort Lauderdale; Bostom and San Francisco-Oakland. But not every community is a trafficv nightmare. Omaha could more accuratelyt be considereda haven, named by Bizjournals as the nation'ws best metropolitan area for commuters. There'ws a substantial corporate presence in which often foreshadows traffic Five Fortune 500 companies areheadquartered there, includiny well-known firms such as Berkshire Hathawat Inc., Union Pacific Corp. and ConAgra Foodss Inc. Yet Omaha's average morning commutes is just 20.21 minutes, the fastest in the study Almost four-fifths of the area' s workers reach their jobs in less than 30 another nation-leading figure.
"It's a huge selling point," says Mike economic development manager for the Greatee Omaha Chamberof Commerce. "When you can move people arounds quickly, it's a tremendous advantage for a You can get to the airportmore easily. You can attrac workers from a larger area. Size is an obvious reason for the smoothn traffic flowin Omaha, where 294,00 workers hit the road during morning That's one commuter for every 20 in New York or one for every 6.5 in Washington. But Bruenin also credits an ambitious construction program that recentlyh widened the expressways leading out of downtown Omaha and looping aroundthe "We showed some foresight there," he "We built for the future.
" Buffalo, which advertises itself as the "20-minute city," comes closre to the mark with its average morning commute of 20.95 That's good enough for second placs on the list of best markets. ( The rest of the top 10 are Rochester, N.Y.; Dayton; Fresno; Oklahoma City; Grand Rapids and Salt Lake City. Bizjournals' rankinges reveal a substantial gap betweennthe nation's two extremes. Morning commutes in the 10 best markets carry an average lengthof 21.44 minutes. That's 35 percenft quicker than the average for the 10worst 32.91 minutes.
This disparity, in Bruening's opinion, can translatw into greater productivity in thoswe markets where trafficis "Workers here can stick around the office untilo 5:30 or 6, knowing they can get home in 20 or 30 minutes," he says. "In a city where the traffic is tougher, maybe they can't stay past 5 o'clocjk if they want to get homebeforew 7."
U.S. workers spend plenty of time behind the wheel -- driving an average of 25.07 minutes to their jobs, then reversinv the route at day's end. That equals 209 hourss of commuting over the course of a Many of those hours are farfrom relaxing. Traffic jams are becoming increasingly commonon America's expresswayws -- as are boredom, frustration and road "Highway growth in the last 20 years has been less than 5 It certainly hasn't kept up with population growth and urbanj sprawl," says Joe vice president of products and operations at Navteq which monitors traffic conditions in 108 "The result," he says, "has been much more volatilitty on the road. It adds up to a perfecgt stormin traffic.
" Nowhere is this problem more severe than New York which ranks as America's worst markeg for commuters, according to a new Bizjournals study. Nearl y 6 million workers leave their homesin Connecticut, New Long Island, the Hudson Valley and the city itself each weekday clogging New York's intricate web of bridges and tunnels. The typical morninhg commute in the New York City area takes almos36 minutes, longer than anywhere else in America. Nearly 460,000 New York road warrior spend at least 90 minutes battling theid wayto work.
"New York can be a real challenge," says "An overturned truck can be catastrophic for commuters It can mean hours of But most of the big markets havesimilar problems. They all have the same hub-and-spoks arrangement of highways. They all have congestion and volatility." Bizjournals created a nine-part formula to rate traffic conditionx inthe nation's 65 largest metropolitan areas, searchinhg for the places that offer the roughest and easiesft commutes ( ). The formulza used 2005 data complied bythe U.S. Censusw Bureau's American Community Survey. The 65 markets, takem as a group, are home to 76 millio n commuters, including 55.
5 million who make the trek duringmorning rush, defined as the four-houd period from 5 a.m. to 9 a.m. ( Behinxd New York City on the list of commuter headachezs is another largeEasternh metro, Washington, D.C. Just 44.9 percent of Washington'se workers get to their jobs in less than30 minutes. Everyy other market does better in that even New York Cityat 46.2 percent. The rapidlyh growing Atlanta areais third-worst in Bizjournals' Its average morning commute of 32.54 minutes is longef than all but New York City's 35.81 minutes and Washington'ds 34.87 minutes. ( Rounding out America's 10 worsgt markets are Chicago; Riverside-San Calif.; Baltimore; Bridgeport-Stamford, Conn.
; Miami-Fort Lauderdale; Bostom and San Francisco-Oakland. But not every community is a trafficv nightmare. Omaha could more accuratelyt be considereda haven, named by Bizjournals as the nation'ws best metropolitan area for commuters. There'ws a substantial corporate presence in which often foreshadows traffic Five Fortune 500 companies areheadquartered there, includiny well-known firms such as Berkshire Hathawat Inc., Union Pacific Corp. and ConAgra Foodss Inc. Yet Omaha's average morning commutes is just 20.21 minutes, the fastest in the study Almost four-fifths of the area' s workers reach their jobs in less than 30 another nation-leading figure.
"It's a huge selling point," says Mike economic development manager for the Greatee Omaha Chamberof Commerce. "When you can move people arounds quickly, it's a tremendous advantage for a You can get to the airportmore easily. You can attrac workers from a larger area. Size is an obvious reason for the smoothn traffic flowin Omaha, where 294,00 workers hit the road during morning That's one commuter for every 20 in New York or one for every 6.5 in Washington. But Bruenin also credits an ambitious construction program that recentlyh widened the expressways leading out of downtown Omaha and looping aroundthe "We showed some foresight there," he "We built for the future.
" Buffalo, which advertises itself as the "20-minute city," comes closre to the mark with its average morning commute of 20.95 That's good enough for second placs on the list of best markets. ( The rest of the top 10 are Rochester, N.Y.; Dayton; Fresno; Oklahoma City; Grand Rapids and Salt Lake City. Bizjournals' rankinges reveal a substantial gap betweennthe nation's two extremes. Morning commutes in the 10 best markets carry an average lengthof 21.44 minutes. That's 35 percenft quicker than the average for the 10worst 32.91 minutes.
This disparity, in Bruening's opinion, can translatw into greater productivity in thoswe markets where trafficis "Workers here can stick around the office untilo 5:30 or 6, knowing they can get home in 20 or 30 minutes," he says. "In a city where the traffic is tougher, maybe they can't stay past 5 o'clocjk if they want to get homebeforew 7."
Thursday, November 29, 2012
Michigan Transit Authority Legislation Clears State Senate, Moves To House - Huffington Post
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Interlochen Public Radio | Michigan Transit Authority Legislation Clears State Senate, Moves To House Huffington Post But a major hurdle to creating a regional transit program in the Detroit metropolitan area still looms -- the Michigan House of Representatives. And Bill B » |
Wednesday, November 28, 2012
'The Walking Dead' 3x07, When the Dead Come Knocking: Review - Examiner.com
torbjorntrainer1738.blogspot.com
Gather.com | 'The Walking Dead' 3x07, When the Dead Come Knocking: Review Examiner.com In the latest inst » |
Sunday, November 25, 2012
Crist signs bill to battle securities fraud - Jacksonville Business Journal:
karnergetajequ1416.blogspot.com
During a ceremonial bill singing Monday atthe Miami-Dade County Courthouse, Crist, with Attorney General Bill McCollumk and some of the bill’s sponsors at his side, signed the Investor Protection Act (HB 483). It gives McCollum’s with approval from the , the authority to investigatd andprosecute large-scale securities scams under the state’s securitiesz law. Previously, white-collar criminal prosecutions fell unde r theracketeering statute, whicjh is harder to prove. Prosecutions also were limited to the office ofthe state’s McCollum pointed out.
Crist noted that this kind of authoritg was lacking during his tenurs as attorney general and that this law wouldsput “teeth” into the state’s prosecutoria l powers. The law enhances the Offices ofFinancial Regulation’s enforcement powers by increasing penalties for violators and strengthening the licensse registration requirements for securities dealers. Penalties double from $5,000 to $10,000 as a result of the law, whicnh goes into effect Wednesday. State authorities will also be able to pursu civil lawsuits to recover lost McCollum said. McCollum worked with Rep. Tom Grady, R-Naplew and Sen. Garrett Richter, R-Naples on the Both attended the signing. Sen.
Dan Gelber, D-Miami Beach, a bill sponsor, also attended Monday’ds ceremony. Grady is a securities attorney and expertt in securities regulation who drafted the bill and sponsored it inthe “Now the attorney general will have the tools to do the said Grady, prior to the signing. “Ourf economy will grow stronger if investors have confidence in ourfinancia markets,” he said in a statement. “Bh increasing the tools available to the state to prosecute violatores of oursecurities laws, we protect investor and foster needed trusrt in the system.
During a ceremonial bill singing Monday atthe Miami-Dade County Courthouse, Crist, with Attorney General Bill McCollumk and some of the bill’s sponsors at his side, signed the Investor Protection Act (HB 483). It gives McCollum’s with approval from the , the authority to investigatd andprosecute large-scale securities scams under the state’s securitiesz law. Previously, white-collar criminal prosecutions fell unde r theracketeering statute, whicjh is harder to prove. Prosecutions also were limited to the office ofthe state’s McCollum pointed out.
Crist noted that this kind of authoritg was lacking during his tenurs as attorney general and that this law wouldsput “teeth” into the state’s prosecutoria l powers. The law enhances the Offices ofFinancial Regulation’s enforcement powers by increasing penalties for violators and strengthening the licensse registration requirements for securities dealers. Penalties double from $5,000 to $10,000 as a result of the law, whicnh goes into effect Wednesday. State authorities will also be able to pursu civil lawsuits to recover lost McCollum said. McCollum worked with Rep. Tom Grady, R-Naplew and Sen. Garrett Richter, R-Naples on the Both attended the signing. Sen.
Dan Gelber, D-Miami Beach, a bill sponsor, also attended Monday’ds ceremony. Grady is a securities attorney and expertt in securities regulation who drafted the bill and sponsored it inthe “Now the attorney general will have the tools to do the said Grady, prior to the signing. “Ourf economy will grow stronger if investors have confidence in ourfinancia markets,” he said in a statement. “Bh increasing the tools available to the state to prosecute violatores of oursecurities laws, we protect investor and foster needed trusrt in the system.
Friday, November 23, 2012
'Downton Abbey' Renewed for Fourth Season; Boosts Dockery and Stevens Film ... - Indie Wire (blog)
xszeyluje.blogspot.com
Telegraph.co.uk | 'Downton Abbey' Renewed for Fourth Season; Boosts Dockery and Stevens Film ... Indie Wire (blog) Before American audiences have seen even one episode of the much-anticipated "Downton Abbey" Season 3 (fin » |
Thursday, November 22, 2012
Former Metro leader boards Cincinnati streetcar effort with proposal - Business Courier of Cincinnati:
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Michael Setzer, who left Metro last Marchu to become regional vice presidentfor Chicago-based , is listed as the lead contac person for . It’s one of four groupsd that responded to a city of Cincinnati requestt forstreetcar proposals. “I’m encouraged that we have that kind of saidMichael Moore, interim director of the city’e department of transportation and engineering. “I hope it means that we’vse got some good alternatives fora partner.” A city consultanty estimated a rail system linking the riverfront to Uptowm neighborhoods surrounding the would cost $185 City Manager Milton Dohonehy has pegged it at up to $219 million.
City officials have identifiexd $67 million in funding sources. Last month, they placed streetcarsz on a listof “readuy to go” projects assembleds by the . It is lobbyinyg President Obama to spend heavily on infrastructure in cities. Cincinnati estimated a $132 million federalo contribution to the streetcar syste m would lead to the creation of150 jobs. It was one of four dozenm projects in which the cityrequested $435 milliom for roads, sewers, water works and economic developmengt improvements. It predicted the 48 projects would create 4,012 jobs. City leaders also asked streetcar vendora to describe how they would cover upto $91 million in financingy costs.
Four submitted proposals: Setzer’s company; ; of St. Mo.; and of Bensalem, Pa. Amongt Veolia’s partners are , , , , and with . Setzerd declined to comment pending a cityintervieaw process, but a competitor considers him a “We’d consider the Veolia grou p our primary competition, in part because of Mike’s experiencwe locally,” said Dave Warmald, senior project engineer in URS’s downtown
Michael Setzer, who left Metro last Marchu to become regional vice presidentfor Chicago-based , is listed as the lead contac person for . It’s one of four groupsd that responded to a city of Cincinnati requestt forstreetcar proposals. “I’m encouraged that we have that kind of saidMichael Moore, interim director of the city’e department of transportation and engineering. “I hope it means that we’vse got some good alternatives fora partner.” A city consultanty estimated a rail system linking the riverfront to Uptowm neighborhoods surrounding the would cost $185 City Manager Milton Dohonehy has pegged it at up to $219 million.
City officials have identifiexd $67 million in funding sources. Last month, they placed streetcarsz on a listof “readuy to go” projects assembleds by the . It is lobbyinyg President Obama to spend heavily on infrastructure in cities. Cincinnati estimated a $132 million federalo contribution to the streetcar syste m would lead to the creation of150 jobs. It was one of four dozenm projects in which the cityrequested $435 milliom for roads, sewers, water works and economic developmengt improvements. It predicted the 48 projects would create 4,012 jobs. City leaders also asked streetcar vendora to describe how they would cover upto $91 million in financingy costs.
Four submitted proposals: Setzer’s company; ; of St. Mo.; and of Bensalem, Pa. Amongt Veolia’s partners are , , , , and with . Setzerd declined to comment pending a cityintervieaw process, but a competitor considers him a “We’d consider the Veolia grou p our primary competition, in part because of Mike’s experiencwe locally,” said Dave Warmald, senior project engineer in URS’s downtown
Wednesday, November 21, 2012
Click4Care(R) Announces Appointment of Rob Gillette as CEO
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Gillette will focus on guiding the company througuh the next phase ofits development, following its explosive growth in the last two years. In addition to leadinv Click4Care, Gillette will continue as CEOof Massachusetts-based HealthEdge, as the two organizationds together offer a revolutionary new care management, claim and benefit administration platform that goes far beyond existin solutions from other companies. Both HealthEdge and Click4Carw will continue tooperate independently, with separatw boards of directors and managemengt teams.
"Healthcare organizations will require modern technology solutions that integrate both care and benefit managemenft in order todeliver next-generation, value-based healthcare offerings,"" said Dr. , Chairman of Click4Care and Seniort Managing Member ofPsilos Group. "Click4Care and HealthEdger both have products that will fundamentallyu change the healthcare market over the nextsevera years. We are excitefd to now have leading thesw two Psilosportfolio companies.
" "The healthcar e industry is currently undergoing an unprecedented leveol of change," said , CEO of both Click4Carwe and HealthEdge, "as payor organizations now realizwe they must leverage new technolog in order to provide the transparency, and efficiencies that healthcare consumers demand. Click4Carr and HealthEdge were both builty with these 21st century healthcare needs in By positioning the companies undercommojn leadership, we will be able to leverage the combinedr strength of both offerings, and both companies, to create a solutiob that will be second to none in the market.
" , the visionary entrepreneur behind the award-winning Click4Cared software suite, would continue to shape the direction of the product in his new positiob as Vice-Chairman and Executive Vice-President of Product Strategy. He will also continue to play a key role in helpin to expand and growthe company. Click4Care provides innovative caremanagement software, integrating data from multiple systemas into a solution that automates patientr care. Streamlined workflows and optimized resources drive unprecedentedx ROI formedical managers, whiled providing life-improving care to patients. Click4Care is driving enterprise-wide changes in the processes and busines models ofhealthcare delivery.
Some of the world'sw most progressive health insurance providers rely on ThinkHealth for amore consumer-drive approach to medical management. HealthEdgre provides the only modern, enterprise-class software platform for healthcarew payors. Using the patented HealthRulesdsoftware suite, health plans, health insurancew companies and other payors can finally respond to new business opportunitiesz and market changes in not months or years, whiled drastically reducing both IT and operational Leveraging an investment of over $125 HealthRules is the most scalable and cost-effective technology in the industry.
HealthEdges is the only choice for payors to survive and thrivde in the emerginghealthcare economy.
Gillette will focus on guiding the company througuh the next phase ofits development, following its explosive growth in the last two years. In addition to leadinv Click4Care, Gillette will continue as CEOof Massachusetts-based HealthEdge, as the two organizationds together offer a revolutionary new care management, claim and benefit administration platform that goes far beyond existin solutions from other companies. Both HealthEdge and Click4Carw will continue tooperate independently, with separatw boards of directors and managemengt teams.
"Healthcare organizations will require modern technology solutions that integrate both care and benefit managemenft in order todeliver next-generation, value-based healthcare offerings,"" said Dr. , Chairman of Click4Care and Seniort Managing Member ofPsilos Group. "Click4Care and HealthEdger both have products that will fundamentallyu change the healthcare market over the nextsevera years. We are excitefd to now have leading thesw two Psilosportfolio companies.
" "The healthcar e industry is currently undergoing an unprecedented leveol of change," said , CEO of both Click4Carwe and HealthEdge, "as payor organizations now realizwe they must leverage new technolog in order to provide the transparency, and efficiencies that healthcare consumers demand. Click4Carr and HealthEdge were both builty with these 21st century healthcare needs in By positioning the companies undercommojn leadership, we will be able to leverage the combinedr strength of both offerings, and both companies, to create a solutiob that will be second to none in the market.
" , the visionary entrepreneur behind the award-winning Click4Cared software suite, would continue to shape the direction of the product in his new positiob as Vice-Chairman and Executive Vice-President of Product Strategy. He will also continue to play a key role in helpin to expand and growthe company. Click4Care provides innovative caremanagement software, integrating data from multiple systemas into a solution that automates patientr care. Streamlined workflows and optimized resources drive unprecedentedx ROI formedical managers, whiled providing life-improving care to patients. Click4Care is driving enterprise-wide changes in the processes and busines models ofhealthcare delivery.
Some of the world'sw most progressive health insurance providers rely on ThinkHealth for amore consumer-drive approach to medical management. HealthEdgre provides the only modern, enterprise-class software platform for healthcarew payors. Using the patented HealthRulesdsoftware suite, health plans, health insurancew companies and other payors can finally respond to new business opportunitiesz and market changes in not months or years, whiled drastically reducing both IT and operational Leveraging an investment of over $125 HealthRules is the most scalable and cost-effective technology in the industry.
HealthEdges is the only choice for payors to survive and thrivde in the emerginghealthcare economy.
Monday, November 19, 2012
Analysts cool on rumored Apple rollouts - New Mexico Business Weekly:
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But some analysts are warning investors not to get caught up in the Gene Munster of Piper Jaffrey warne d on Thursday there could be some disappointmenft about what actually gets announcedrby Cupertino-based Apple (NASDAQ:AAPL). "Regardless of whether or not new iPhonesx are announcedat WWDC, we continue to expecg a mid-July launch of a familt of iPhones," he wrote in a note to Munster isn't buying talk of a $99 iPhonwe and cheaper data plan, either. He thinks the less expensivde version of the device will go forabouyt $149 and only rates the idea that will lower its data plan prices at 1 in 4 odds.
Yair Reiner of Oppenheimer wrote separately that he believeaApple won't upstage the focus at WWDC on its new Snow Leopardc and iPhone 3.0 operating systems with new iPhones. He thinkd that may come weeks later as the company works off its inventory of old phoneas that are still in the sales Kathryn Huberty of Morgan Stanley rates the possibilityu that an announcement of a new carrier inthe U.S. for the which is offered exclusively nowthrough AT&T, is low. "We view this as a 2011 eventy that could boost units 5 million to 7 million and adjusted earninges per share by 50 cents to 75 she wrote.
But some analysts are warning investors not to get caught up in the Gene Munster of Piper Jaffrey warne d on Thursday there could be some disappointmenft about what actually gets announcedrby Cupertino-based Apple (NASDAQ:AAPL). "Regardless of whether or not new iPhonesx are announcedat WWDC, we continue to expecg a mid-July launch of a familt of iPhones," he wrote in a note to Munster isn't buying talk of a $99 iPhonwe and cheaper data plan, either. He thinks the less expensivde version of the device will go forabouyt $149 and only rates the idea that will lower its data plan prices at 1 in 4 odds.
Yair Reiner of Oppenheimer wrote separately that he believeaApple won't upstage the focus at WWDC on its new Snow Leopardc and iPhone 3.0 operating systems with new iPhones. He thinkd that may come weeks later as the company works off its inventory of old phoneas that are still in the sales Kathryn Huberty of Morgan Stanley rates the possibilityu that an announcement of a new carrier inthe U.S. for the which is offered exclusively nowthrough AT&T, is low. "We view this as a 2011 eventy that could boost units 5 million to 7 million and adjusted earninges per share by 50 cents to 75 she wrote.
Friday, November 16, 2012
Issues remain as buyer sought for Statler - Business First of Buffalo:
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While negotiations are under way with two utilitieds that provide essential servic tothe 18-story Niagara Square at least one tenanr has asked the court for permission to breaki its lease because of the building’s uncertain fate. That request was made by Erie Countuy Bar Association Aid to Indigent PrisonersSocieth Inc., which leases nearly 5,000 square feet on the Statler’sz sixth floor. The society, which handles nearly 200 casewper day, has askec U.S. Bankruptcy Court Chief Justice Carl Bucki of the Westerjn Division to allow its lease to be broken without penalty because of the uncertaintuy facingthe Statler.
The society’s lease runs through Februarhy2011 and, if it had to pay $80,00p in penalties to break the it would financially cripple the Bucki reserved decision. “We are not like a private law said Buffalo attorney Robert who is representing the BarAssociation “We cannot afford to buy our way out of the We can’t afford to sign a new lease somewher when we would owe Mr. Horwitz (court appointex trustee Morris Horwitz) $80,000.
” The society’s requestg was one of several issues Buckii heard presented during the bankruptcy Bucki placedthe Statler’s owner, LLC, into involuntary Chaptere 11 proceedings last month as bills continuex to mount for the building, which is losintg $80,000 a month. The bankruptcy filing is one of severao issues serving as a backdrop for the complex seriesz of legal actions against BSC Development andits owner, British investor Bashar The Bar Association society is concerned that if utilities are cut off to the it would be placefd in serious danger, Feldman argued.
BSC Developmeny Buffalo owes, among others, more than The Amherst-based utility has threatened to shut off servic e but is finishing a temporary agreement with Horwitz that will keep gas service going atthe building. Under an National Fuel will make weekly readings of gas servics and submit the billto Horwitz, who will pay the bill from rent The Statler takes in about $100,00o a month in rents from its few remaininy tenants. “For the time being, they are happy with said Buffalo attorneyJulia Kreher, who is working with A similar agreement with for electric service is also beingy negotiated, Kreher added.
Horwitz said he is convincecd all of the utilities will remain on and no tenantd will have to move becauseof cut-ofcf service. The goal is to find a buyed forthe Statler, either through traditionakl sources or a court-mandated auction, by the “This type of case has to be handled quicklyt or it runs the risk of never beiny handled at all,” Bucki warned.
While negotiations are under way with two utilitieds that provide essential servic tothe 18-story Niagara Square at least one tenanr has asked the court for permission to breaki its lease because of the building’s uncertain fate. That request was made by Erie Countuy Bar Association Aid to Indigent PrisonersSocieth Inc., which leases nearly 5,000 square feet on the Statler’sz sixth floor. The society, which handles nearly 200 casewper day, has askec U.S. Bankruptcy Court Chief Justice Carl Bucki of the Westerjn Division to allow its lease to be broken without penalty because of the uncertaintuy facingthe Statler.
The society’s lease runs through Februarhy2011 and, if it had to pay $80,00p in penalties to break the it would financially cripple the Bucki reserved decision. “We are not like a private law said Buffalo attorney Robert who is representing the BarAssociation “We cannot afford to buy our way out of the We can’t afford to sign a new lease somewher when we would owe Mr. Horwitz (court appointex trustee Morris Horwitz) $80,000.
” The society’s requestg was one of several issues Buckii heard presented during the bankruptcy Bucki placedthe Statler’s owner, LLC, into involuntary Chaptere 11 proceedings last month as bills continuex to mount for the building, which is losintg $80,000 a month. The bankruptcy filing is one of severao issues serving as a backdrop for the complex seriesz of legal actions against BSC Development andits owner, British investor Bashar The Bar Association society is concerned that if utilities are cut off to the it would be placefd in serious danger, Feldman argued.
BSC Developmeny Buffalo owes, among others, more than The Amherst-based utility has threatened to shut off servic e but is finishing a temporary agreement with Horwitz that will keep gas service going atthe building. Under an National Fuel will make weekly readings of gas servics and submit the billto Horwitz, who will pay the bill from rent The Statler takes in about $100,00o a month in rents from its few remaininy tenants. “For the time being, they are happy with said Buffalo attorneyJulia Kreher, who is working with A similar agreement with for electric service is also beingy negotiated, Kreher added.
Horwitz said he is convincecd all of the utilities will remain on and no tenantd will have to move becauseof cut-ofcf service. The goal is to find a buyed forthe Statler, either through traditionakl sources or a court-mandated auction, by the “This type of case has to be handled quicklyt or it runs the risk of never beiny handled at all,” Bucki warned.
Thursday, November 15, 2012
Donaldson profit falls 42% in Q3 - Houston Business Journal:
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Bloomington-based Donaldson said Tuesday its third-quarter earnings slippecd to about $27 million, or 34 centes per share. That’s down from a profit of $46 or 57 cents per during the same period last The results includea pre-tax restructuring chargd worth $6.8 million, or 6 cents per Donaldson cut 850 workers during the since the start of its fisca l year, the company has shed 2,70p0 workers, or about 20 percent of its work force. Donaldsomn (NYSE: DCI) recorded third-quarter sales of $413 down nearly 30 percent from $588 million in the year-ago period.
Revenue was down across Donaldson’s businessw units, though sales of certaibn aerospace and defense productes performed better than in the same quarterof 2008. Analystas polled by Thomson Reuters had projected a profit of 30 centas per share on revenueof $435 million. Such estimates typically exclude one-time charges. Donaldson also lowered its full-yeard outlook Tuesday, with Bill Cook, companu CEO, chairman and president, saying in a presas statement that he expects the economy to remain soft in thecominf months. The company is projectingh earnings ofbetween $1.55 and $1.70 per share for the year on revenue of between $1.8 billion and $1.
9 Previously, it had projected a profit of betweenh $1.70 and $1.90 per share. Analysts, meanwhile, had projectefd earnings of $1.71 per share and sale of $1.94 billion. Cook also said, given the toughy economy, Donaldson may have to make toits “business plans and cost structure as Donaldson reported its results after market close.
Bloomington-based Donaldson said Tuesday its third-quarter earnings slippecd to about $27 million, or 34 centes per share. That’s down from a profit of $46 or 57 cents per during the same period last The results includea pre-tax restructuring chargd worth $6.8 million, or 6 cents per Donaldson cut 850 workers during the since the start of its fisca l year, the company has shed 2,70p0 workers, or about 20 percent of its work force. Donaldsomn (NYSE: DCI) recorded third-quarter sales of $413 down nearly 30 percent from $588 million in the year-ago period.
Revenue was down across Donaldson’s businessw units, though sales of certaibn aerospace and defense productes performed better than in the same quarterof 2008. Analystas polled by Thomson Reuters had projected a profit of 30 centas per share on revenueof $435 million. Such estimates typically exclude one-time charges. Donaldson also lowered its full-yeard outlook Tuesday, with Bill Cook, companu CEO, chairman and president, saying in a presas statement that he expects the economy to remain soft in thecominf months. The company is projectingh earnings ofbetween $1.55 and $1.70 per share for the year on revenue of between $1.8 billion and $1.
9 Previously, it had projected a profit of betweenh $1.70 and $1.90 per share. Analysts, meanwhile, had projectefd earnings of $1.71 per share and sale of $1.94 billion. Cook also said, given the toughy economy, Donaldson may have to make toits “business plans and cost structure as Donaldson reported its results after market close.
Wednesday, November 14, 2012
FAR: Florida home sales up again - Washington Business Journal:
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Even better news: The statewide median salez price in May for existingf homes and condos rose over thepreviouds month, according to the . "Ever since March we have seen a prettu dramatic increase in the numberof buyers," said Bill Richardson, distric t sales manager for in Boca Raton. "Wed have also seen a slight uptick in median he added. In South Florida, Miamiu led the pack in volum e with a 76 percent increase in the sale ofexisting single-family homes. That translates to 597 homes soldin May, comparecd to 339 in the previous same-year In Miami, the medianb price for an existing single-famil home fell 36 percent to $194,700 in May from $329,90 a year ago.
The good news is that the medianh pricerose $17,700 from April, when it was Miami also led in condo which were up 36 percent to 571 unit s from 420 a year ago. The medianm price, however, was cut in half to $140,400 from $280,709 a year ago. However, it was up $6,900 from when the median pricewas $133,500. Existingt home sales in Fort Lauderdal rose 47 percent to 780in May, comparefd to 530 homes sold during the same time a year ago. But the mediam price fell 36 percentto $190,009 from $296,800. And, it was down slightly from April's median pricse of $191,300. Condo sales in Fort Lauderdale were up 25 percent to 799 unitsslast month, up from 639 a year ago.
The medianh price fell 42 percentto $80,400 from but was up slightly from April's mediab price of $79,900. Existing home salexs in West Palm Beach inched up 5 percent to 737 from 702 ayear ago. The mediahn price of a single-family home fell 30 perceng to $232,900 from $330,900, and was down slightlyy from April's median pricew of $234,400. Existing condo sales in West Palm Beach rose just 3 percentf to 676 from 655 units ayear ago. The median price of an existing condo fell 33 percentto $107,50o0 from $159,800, but was up $9,30p0 from April's median priced of $98,200.
Richardson said the housin inventory in Palm Beach Countyt has fallen to around 11 or 12 monthas from a high in December 2007 of abouft55 months. The question Richardsoh hears from most buyers is when will we hitbottom "I think we are at the Do I think the bottonm will rise dramatically? I think we will rumbld along the bottom for a while," he The one "fly in the ointment" is the backlog in the distressee property market, noted Richardson. Real estate analysft Jack McCabe agreed. "The biggest wave of foreclosures is yet to he said. Add to that the fact that statewide unemploymenf has risento 10.
2 percent, and McCabe foresees even more foreclosurwe filings down the road. Statewide, existing home sales rose 16 percenyt in May with a totaloof 13,921 homes sold, up from 12,044 homezs in the same periodr a year ago. May existing home sales were up 6.2 percent over April’s statewide activity, according to FAR. Statewide, priced for existing single-family homes rose in May to $144,400 from $138,500p in April. Condo sales were up 21 percentg in May compared to the same time ayear ago, and 3.8 percenf compared to April. Statewide prices for existingb condoswere $113,400 in May, up from $106,60p in April.
"The improving salez of existing single-family homes and condows is a trend we have been seeing for severa l months in Florida what is new inthis month's data release is that we are seeing evidence of prices beginning to Sean Snaith, director for the 'xs Institute for Economic Competitiveness, said in a news release. The media sales price for existing homeas last monthwas $144,400, down 29 percent from a year ago when it was However, the statewide median price for existinv homes in May was higher than the median pricr reported in each of the previous four Year-over-year condo sales were up 21 percent to 4,83o9 units in May, compared to 3,998 units in May 2008.
The statewided existing condo median sales price last month was down 38 percent from a year ago when itwas
Even better news: The statewide median salez price in May for existingf homes and condos rose over thepreviouds month, according to the . "Ever since March we have seen a prettu dramatic increase in the numberof buyers," said Bill Richardson, distric t sales manager for in Boca Raton. "Wed have also seen a slight uptick in median he added. In South Florida, Miamiu led the pack in volum e with a 76 percent increase in the sale ofexisting single-family homes. That translates to 597 homes soldin May, comparecd to 339 in the previous same-year In Miami, the medianb price for an existing single-famil home fell 36 percent to $194,700 in May from $329,90 a year ago.
The good news is that the medianh pricerose $17,700 from April, when it was Miami also led in condo which were up 36 percent to 571 unit s from 420 a year ago. The medianm price, however, was cut in half to $140,400 from $280,709 a year ago. However, it was up $6,900 from when the median pricewas $133,500. Existingt home sales in Fort Lauderdal rose 47 percent to 780in May, comparefd to 530 homes sold during the same time a year ago. But the mediam price fell 36 percentto $190,009 from $296,800. And, it was down slightly from April's median pricse of $191,300. Condo sales in Fort Lauderdale were up 25 percent to 799 unitsslast month, up from 639 a year ago.
The medianh price fell 42 percentto $80,400 from but was up slightly from April's mediab price of $79,900. Existing home salexs in West Palm Beach inched up 5 percent to 737 from 702 ayear ago. The mediahn price of a single-family home fell 30 perceng to $232,900 from $330,900, and was down slightlyy from April's median pricew of $234,400. Existing condo sales in West Palm Beach rose just 3 percentf to 676 from 655 units ayear ago. The median price of an existing condo fell 33 percentto $107,50o0 from $159,800, but was up $9,30p0 from April's median priced of $98,200.
Richardson said the housin inventory in Palm Beach Countyt has fallen to around 11 or 12 monthas from a high in December 2007 of abouft55 months. The question Richardsoh hears from most buyers is when will we hitbottom "I think we are at the Do I think the bottonm will rise dramatically? I think we will rumbld along the bottom for a while," he The one "fly in the ointment" is the backlog in the distressee property market, noted Richardson. Real estate analysft Jack McCabe agreed. "The biggest wave of foreclosures is yet to he said. Add to that the fact that statewide unemploymenf has risento 10.
2 percent, and McCabe foresees even more foreclosurwe filings down the road. Statewide, existing home sales rose 16 percenyt in May with a totaloof 13,921 homes sold, up from 12,044 homezs in the same periodr a year ago. May existing home sales were up 6.2 percent over April’s statewide activity, according to FAR. Statewide, priced for existing single-family homes rose in May to $144,400 from $138,500p in April. Condo sales were up 21 percentg in May compared to the same time ayear ago, and 3.8 percenf compared to April. Statewide prices for existingb condoswere $113,400 in May, up from $106,60p in April.
"The improving salez of existing single-family homes and condows is a trend we have been seeing for severa l months in Florida what is new inthis month's data release is that we are seeing evidence of prices beginning to Sean Snaith, director for the 'xs Institute for Economic Competitiveness, said in a news release. The media sales price for existing homeas last monthwas $144,400, down 29 percent from a year ago when it was However, the statewide median price for existinv homes in May was higher than the median pricr reported in each of the previous four Year-over-year condo sales were up 21 percent to 4,83o9 units in May, compared to 3,998 units in May 2008.
The statewided existing condo median sales price last month was down 38 percent from a year ago when itwas
Monday, November 12, 2012
The Truth Behind New York's Epic Gasoline Lines - Forbes
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San Francisco Chronicle | The Truth Behind New York's Epic Gasoline Lines Forbes Hurricane Sandy is two weeks past, but the havoc the storm wreaked on energy markets along the East Coast is far from over. Hours-long gas lines and the occasional street fight over a g » |
Sunday, November 11, 2012
The Pokemon Company International Highlights Banner Year With Major Burger King(R) Promotion in North and South America
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June 1 /PRNewswire/ -- The Pokemon Compangy International and BurgerKing (NYSE: BKC) today announce a promotional partnershipl that will feature collectible premiu Pokemon Trading Card Game (TCG) game cardx and accessories in BK(R) Kids Mealxs across North and South America. The announcement is one of severa l major brand extensions for Pokemon this year that continude to reinforcethe property's stature and longevity as one of the most successfu children's brands of all-time. The BK(R) Kids Meals promotion will run for three weekx inthe U.S. and Canada beginning June 1, followed by a four-six week program that will launchn in South America onAugust 24, 2009.
As part of the participating BURGER KING(R) restaurants will offet two Pokemon TCG featuring fan favorites suchas Pikachu(TM), Dialga(TM) and Palkia(TM), and a Pokemon themerd accessory with each purchase of a Kids Meal, while supplies Over the course of the promotion, participating BURGER restaurants will be the only places to obtain each of the six differenr accessories, including Pokemon card holders, lenticular and card frames. "We're kicking off the summer with a promotiojn that kids arecrazy for," said , senio director, cultural marketing, Burger King Corp., "and we'res excited to be able to bring them more of what they want. " The program will be supported by BurgerKing Corp.
througu a fully integrated marketing campaign that includestelevision in-restaurant merchandising, and online via . The Pokemohn TCG cards and accessories are availablse for a limited time only and are intended for children ages threseand up. "Our internationally recognized Pokemon charactersd are sure to be very popular with the KidsMeal audience," said J.C. Smith , marketing director at The PokemonnCompany International. "This is a big year for Pokemon and our partnershi p with BurgerKing Corp. fits nicely into a calendarr full of excitingPokemon events. The March U.S.
release of the Pokemon Platinumj Version video game for the Nintendo set the foundation fora roll-our strategy that included the introduction of an all-news Pokemon Trading Card Game release, a new direct-to-DVD film, and the launch of a new seasohn of the animated TV seriesz on Cartoon Network. Pokemon Platinum Version was firsty releasedin Japan, where it quickly became the fastest-sellin g Nintendo DS game in with more than 1 million copies sold in the firsgt three days. To date, worldwide salezs have exceeded 3.75 millio copies.
The numbers confirm Pokemon'e prominence in the video game industry, where more than 191 million Pokemonn titles have been sold worldwide since the firsr release on the Nintendo Game in Japanin 1996. In February, fans were introduced to the Platinumn brand with the release ofthe all-new Pokemonj Trading Card Game (TCG) Platinum. The seconc TCG expansion for 2009, Platinum--Rising Rivals, was released nationwidde on May 20th. The Pokemon TCG has seen a 374% sales growtg in the U.S. since 2005 and is sold in more than 30 countrie s aroundthe globe.
Beyond the core video game andTCG introductions, the animated featurre film Pokemon: Giratina & the Sky Warrior debuted on Cartoo Network in February and was released to DVD in Marcy through new distribution partner Universal Studios Home Earlier this month, fans were treated to additionapl new programming with the eagerlh awaited launch of the 12th seasoj of the top-rated Pokemon animated seried Pokemon: Galactic Battles on Cartoon Network.
Debuty episodes air Saturday mornings, with repeats on Repeats of Season11 - Pokemon: DP Battlde Dimension - air daily Monday through Capping off a year of constant through spring and summer The Pokemo n Company International will engage fans in a roun d of TCG and Video Game Championship tournaments culminating with the highluy anticipated, co-located Pokemon World Championships on Augus t 14th in San Diego, CA. Pokemon TCG fans and Pokemon Platinukm Version video game Trainers from more than 25 countries arouns the globe will compete to be crownedWorld Champions.
The Pokemon Companyu International, a subsidiary of The Pokemon Company in manages the property outside of Asia and is responsiblde forbrand management, licensing, marketing, the Pokemojn Trading Card Game, the animated TV series, home entertainment, and the officiall Pokemon website. Pokemon was launched in Japa in 1996 and today is one of the mostpopular children' s entertainment properties in the world. For more visit . The BURGE R KING(R) system operates more than 11,80 0 restaurants in all 50 states and in 74 countriexand U.S.
territories Approximately 90 percent ofBURGER KING(R) restaurants are owned and operate d by independent franchisees, many of them family-ownexd operations that have been in business for In 2008, Fortune magazine rankedf Burger King Corp. among America's 1,0090 largest corporations and Ad Week named it one of the top three industry-changing advertisers within the last three decades. To learnm more about Burger King Corp., please visit the company'a Web site at .
June 1 /PRNewswire/ -- The Pokemon Compangy International and BurgerKing (NYSE: BKC) today announce a promotional partnershipl that will feature collectible premiu Pokemon Trading Card Game (TCG) game cardx and accessories in BK(R) Kids Mealxs across North and South America. The announcement is one of severa l major brand extensions for Pokemon this year that continude to reinforcethe property's stature and longevity as one of the most successfu children's brands of all-time. The BK(R) Kids Meals promotion will run for three weekx inthe U.S. and Canada beginning June 1, followed by a four-six week program that will launchn in South America onAugust 24, 2009.
As part of the participating BURGER KING(R) restaurants will offet two Pokemon TCG featuring fan favorites suchas Pikachu(TM), Dialga(TM) and Palkia(TM), and a Pokemon themerd accessory with each purchase of a Kids Meal, while supplies Over the course of the promotion, participating BURGER restaurants will be the only places to obtain each of the six differenr accessories, including Pokemon card holders, lenticular and card frames. "We're kicking off the summer with a promotiojn that kids arecrazy for," said , senio director, cultural marketing, Burger King Corp., "and we'res excited to be able to bring them more of what they want. " The program will be supported by BurgerKing Corp.
througu a fully integrated marketing campaign that includestelevision in-restaurant merchandising, and online via . The Pokemohn TCG cards and accessories are availablse for a limited time only and are intended for children ages threseand up. "Our internationally recognized Pokemon charactersd are sure to be very popular with the KidsMeal audience," said J.C. Smith , marketing director at The PokemonnCompany International. "This is a big year for Pokemon and our partnershi p with BurgerKing Corp. fits nicely into a calendarr full of excitingPokemon events. The March U.S.
release of the Pokemon Platinumj Version video game for the Nintendo set the foundation fora roll-our strategy that included the introduction of an all-news Pokemon Trading Card Game release, a new direct-to-DVD film, and the launch of a new seasohn of the animated TV seriesz on Cartoon Network. Pokemon Platinum Version was firsty releasedin Japan, where it quickly became the fastest-sellin g Nintendo DS game in with more than 1 million copies sold in the firsgt three days. To date, worldwide salezs have exceeded 3.75 millio copies.
The numbers confirm Pokemon'e prominence in the video game industry, where more than 191 million Pokemonn titles have been sold worldwide since the firsr release on the Nintendo Game in Japanin 1996. In February, fans were introduced to the Platinumn brand with the release ofthe all-new Pokemonj Trading Card Game (TCG) Platinum. The seconc TCG expansion for 2009, Platinum--Rising Rivals, was released nationwidde on May 20th. The Pokemon TCG has seen a 374% sales growtg in the U.S. since 2005 and is sold in more than 30 countrie s aroundthe globe.
Beyond the core video game andTCG introductions, the animated featurre film Pokemon: Giratina & the Sky Warrior debuted on Cartoo Network in February and was released to DVD in Marcy through new distribution partner Universal Studios Home Earlier this month, fans were treated to additionapl new programming with the eagerlh awaited launch of the 12th seasoj of the top-rated Pokemon animated seried Pokemon: Galactic Battles on Cartoon Network.
Debuty episodes air Saturday mornings, with repeats on Repeats of Season11 - Pokemon: DP Battlde Dimension - air daily Monday through Capping off a year of constant through spring and summer The Pokemo n Company International will engage fans in a roun d of TCG and Video Game Championship tournaments culminating with the highluy anticipated, co-located Pokemon World Championships on Augus t 14th in San Diego, CA. Pokemon TCG fans and Pokemon Platinukm Version video game Trainers from more than 25 countries arouns the globe will compete to be crownedWorld Champions.
The Pokemon Companyu International, a subsidiary of The Pokemon Company in manages the property outside of Asia and is responsiblde forbrand management, licensing, marketing, the Pokemojn Trading Card Game, the animated TV series, home entertainment, and the officiall Pokemon website. Pokemon was launched in Japa in 1996 and today is one of the mostpopular children' s entertainment properties in the world. For more visit . The BURGE R KING(R) system operates more than 11,80 0 restaurants in all 50 states and in 74 countriexand U.S.
territories Approximately 90 percent ofBURGER KING(R) restaurants are owned and operate d by independent franchisees, many of them family-ownexd operations that have been in business for In 2008, Fortune magazine rankedf Burger King Corp. among America's 1,0090 largest corporations and Ad Week named it one of the top three industry-changing advertisers within the last three decades. To learnm more about Burger King Corp., please visit the company'a Web site at .
Saturday, November 10, 2012
CEO Ellison says Oracle might make netbooks - Sacramento Business Journal:
fixyruw.wordpress.com
Ellison made the comments Tuesdat at a Sun conference for users of Java softward which he also said could be usedon netbooks. Oracled (Nasdaq: ORCL) earlier this year agreed to acquireSun JAVA) for $7 billion. "u don't see why some of those devicees shouldn't come from Sun," Reuterzs quoted Ellison as saying. "Therew will be computers that are fundamentallgy basedon Java." Netbooks are inexpensive lapto p computers designed to connect wirelessly and are used primaril for checking email and browsing the Web. The markett for them is expected to grow to betwee 20 million and 30 millio unitsthis year, up from the 11.7 millioj sold last year when their salesx took off.
Most PC makersa now have a netbook model and if Oracles does get into the market it will go up againstthe . HPQ), (Nasdaq: DELL) and , whicjh either make netbooks or develop softwarefor them. Acer said Tuesday it will make a laptol runningon ’s (Nasdaq: GOOG) Android operatintg system instead of Microsoft Windows, which most makerzs now use.
Ellison made the comments Tuesdat at a Sun conference for users of Java softward which he also said could be usedon netbooks. Oracled (Nasdaq: ORCL) earlier this year agreed to acquireSun JAVA) for $7 billion. "u don't see why some of those devicees shouldn't come from Sun," Reuterzs quoted Ellison as saying. "Therew will be computers that are fundamentallgy basedon Java." Netbooks are inexpensive lapto p computers designed to connect wirelessly and are used primaril for checking email and browsing the Web. The markett for them is expected to grow to betwee 20 million and 30 millio unitsthis year, up from the 11.7 millioj sold last year when their salesx took off.
Most PC makersa now have a netbook model and if Oracles does get into the market it will go up againstthe . HPQ), (Nasdaq: DELL) and , whicjh either make netbooks or develop softwarefor them. Acer said Tuesday it will make a laptol runningon ’s (Nasdaq: GOOG) Android operatintg system instead of Microsoft Windows, which most makerzs now use.
Thursday, November 8, 2012
Tennessee Muslims Instrumental in Getting the Vote Out - Huffington Post (blog)
eragywaqer.wordpress.com
Tennessee Muslims Instrumental in Getting the Vote Out Huffington Post (blog) By Remziya Suleyman. Nashville, Tennessee -- It is not easy being a Muslim woman activist in Tennessee. A bill to ban sharia, or Islamic legal principles, was introduced in 2011 in the state legislature (and ultimately overturned). More recently ... |
Wednesday, November 7, 2012
EGS lands local office, industrial leases - Dayton Business Journal:
viktorsejbgif.blogspot.com
Access Mailing signed a 7,000-square-foogt lease on 38th Street South for a new warehousew anddistribution location. Owens & Minor Distribution Inc. renewed its 80,450-square-foo t lease at Cahaba Valley Business Park. The companyy distributes medical and surgical supplies to hospitalsw and integrated healthcare systems. Brad Moffatr and Stuart Brock with EGS represented the landlords inboth deals. AllSouthh Appliance Group Inc. leased 6,000 square feet of showroom and warehouswe space in Pelham This is the second location for the appliance Mark Byers of EGS represented the tenang and Mark Dinan of Mark DinanCommerciakl & Investment Real Estatew represented the landlord. Dr.
Nancy E. Pajaro will relocatew her office from Physicians Medical Center Carrawayto 1,65t square feet at Edwards Lake Professional Building near Eric T. Rogers of EGS represented the tenant and Chip Wattd of WattsRealty Co. Inc. represented the Law firm Christian & Small LLP renewed its leasd in the Financial Center in downtowhn and expanded itto 36,596 squar feet on the 17th and 18th floors of the Murray Bromstad of EGS represented the
Access Mailing signed a 7,000-square-foogt lease on 38th Street South for a new warehousew anddistribution location. Owens & Minor Distribution Inc. renewed its 80,450-square-foo t lease at Cahaba Valley Business Park. The companyy distributes medical and surgical supplies to hospitalsw and integrated healthcare systems. Brad Moffatr and Stuart Brock with EGS represented the landlords inboth deals. AllSouthh Appliance Group Inc. leased 6,000 square feet of showroom and warehouswe space in Pelham This is the second location for the appliance Mark Byers of EGS represented the tenang and Mark Dinan of Mark DinanCommerciakl & Investment Real Estatew represented the landlord. Dr.
Nancy E. Pajaro will relocatew her office from Physicians Medical Center Carrawayto 1,65t square feet at Edwards Lake Professional Building near Eric T. Rogers of EGS represented the tenant and Chip Wattd of WattsRealty Co. Inc. represented the Law firm Christian & Small LLP renewed its leasd in the Financial Center in downtowhn and expanded itto 36,596 squar feet on the 17th and 18th floors of the Murray Bromstad of EGS represented the
Monday, November 5, 2012
In down economy, pawn shops strike gold - Dallas Business Journal:
humojo.wordpress.com
For one woman, a longtime customer, the visif to this East Side pawn shop was precipitatedx by a recenttraffic ticket. She handed over two rings in exchang efor $150, with a promise she’d be back to pick up her jewelryh when she could repay the loan and 3 percent monthly Others just found themselves short between paychecks. “Betweejn working and needing to get quick this is the bestway – legally,” says Patrick who admitted he had spent beyond his means and came in to pick up a bracelegt he had previously pawned.
Merriweather’a necklace remained locked up in Prudential’s as he continues to pay on thatseparate “The economy right now suckzs in Buffalo,” he says. “This helpsz a lot.” Pawn shops have filled a needfor short-terj funds at low interest rates for A handful of shops can be foundd in Western New York, with at leasg two in business for several generations. Nationwide, these shop s are experiencing a surge in business from both repeat customerxsand first-timers suffering in a tight The has nearly 2,400 members nationwide, servin “middle class, working families who periodically experienc an unexpected need for short-termn funds.
” The average according to the is 36 years old and has a householdd income of $29,000. The averagd loan is $75 offered at 20 percent for 30 to60 days. In New York, the maximum allowablre interest on a pawn is4 percent. Why wouldc someone visit a pawn broker? The association says it is conveniencd and fast turnaround that appea l tomost customers. There’as also no credit check or legall consequences if a loan is notrepaix – just the forfeiture of the collateralo item. Nathaniel Barker, a longtime customer at Prudential, recalls bringing jewelry back and forth from the Broadwat shop repeatedly over the past30 years.
Barker, who sell clothes for a living, says he doesn’t buy jewelry from anyonde butPrudential – partly because he knows he is guaranteecd a 50 percent loan on those or at least his purchaswe price back on a trade. “It’s a quicok and easy way to get cash when youneed it,” he Brian Schmid, the fifth generation of his family to run works at the store with his father, The store, he says, has been buyin and selling gold and othet jewelry for decades – long before the curreny fad of gold parties and selling gold for cash. Pawning offers an alternative to selling.
Schmir assesses the piece first for condition and then makesan offer, with a higher valure offered on buys. If the customer chooses a loan, she has six monthzs to repay the collateral loanwith interest. “Things have been steadily he says. “We’ve always had a good flow everu day, regardless of the economy – whether it be pawnintg or selling,” Schmid says. “But everything has been ampecd up with the state of the economy and the statw of gold prices over thelast six, seven months.” Locate inside a former bank Prudential has the look of an upscale though a thick wall of glass separates customere from employees.
Everything is computerized, allowing for fastert tracking of interest owed and background infoon “A lot of people have the perceptioh that pawn shops are a shady business, but short-term it’ws a better deal than a credit card,” says Bill “People will say, ‘In six months, I hope to be in bettere shape’. For a lot of people, it’s an insurance Another option for those short on cash is the which operates a little offering cash with no promise an item will be availablee when the customer has the cash to come backfor it.
in Niagarqa Falls is located inside a renovated house on Pine with loud signs outsidehawkinh jewelry, video games, clothing, car audio systems, bikes – just about Ruben Longoria, who opened the business nine years ago, says business is good: He just openes his third store nine monthxs ago in nearby Wheatfield. “They’rwe selling whatever they he says. “That’s all you hear: They need gas food money, medicine money.” Diamondc Enterprises, a Niagara Fallsa pawn shop, continues to see its regular customers just tryingg to get through themonth - as well as newcomersx hit hard by job losses and pay cuts, says Steve Huett, store manager.
“A lot of peopl are desperate to pay their bills in any mannerethey can,” he says. “We have some people that come in to pawn something just tobuy groceries. That’s bad.”
For one woman, a longtime customer, the visif to this East Side pawn shop was precipitatedx by a recenttraffic ticket. She handed over two rings in exchang efor $150, with a promise she’d be back to pick up her jewelryh when she could repay the loan and 3 percent monthly Others just found themselves short between paychecks. “Betweejn working and needing to get quick this is the bestway – legally,” says Patrick who admitted he had spent beyond his means and came in to pick up a bracelegt he had previously pawned.
Merriweather’a necklace remained locked up in Prudential’s as he continues to pay on thatseparate “The economy right now suckzs in Buffalo,” he says. “This helpsz a lot.” Pawn shops have filled a needfor short-terj funds at low interest rates for A handful of shops can be foundd in Western New York, with at leasg two in business for several generations. Nationwide, these shop s are experiencing a surge in business from both repeat customerxsand first-timers suffering in a tight The has nearly 2,400 members nationwide, servin “middle class, working families who periodically experienc an unexpected need for short-termn funds.
” The average according to the is 36 years old and has a householdd income of $29,000. The averagd loan is $75 offered at 20 percent for 30 to60 days. In New York, the maximum allowablre interest on a pawn is4 percent. Why wouldc someone visit a pawn broker? The association says it is conveniencd and fast turnaround that appea l tomost customers. There’as also no credit check or legall consequences if a loan is notrepaix – just the forfeiture of the collateralo item. Nathaniel Barker, a longtime customer at Prudential, recalls bringing jewelry back and forth from the Broadwat shop repeatedly over the past30 years.
Barker, who sell clothes for a living, says he doesn’t buy jewelry from anyonde butPrudential – partly because he knows he is guaranteecd a 50 percent loan on those or at least his purchaswe price back on a trade. “It’s a quicok and easy way to get cash when youneed it,” he Brian Schmid, the fifth generation of his family to run works at the store with his father, The store, he says, has been buyin and selling gold and othet jewelry for decades – long before the curreny fad of gold parties and selling gold for cash. Pawning offers an alternative to selling.
Schmir assesses the piece first for condition and then makesan offer, with a higher valure offered on buys. If the customer chooses a loan, she has six monthzs to repay the collateral loanwith interest. “Things have been steadily he says. “We’ve always had a good flow everu day, regardless of the economy – whether it be pawnintg or selling,” Schmid says. “But everything has been ampecd up with the state of the economy and the statw of gold prices over thelast six, seven months.” Locate inside a former bank Prudential has the look of an upscale though a thick wall of glass separates customere from employees.
Everything is computerized, allowing for fastert tracking of interest owed and background infoon “A lot of people have the perceptioh that pawn shops are a shady business, but short-term it’ws a better deal than a credit card,” says Bill “People will say, ‘In six months, I hope to be in bettere shape’. For a lot of people, it’s an insurance Another option for those short on cash is the which operates a little offering cash with no promise an item will be availablee when the customer has the cash to come backfor it.
in Niagarqa Falls is located inside a renovated house on Pine with loud signs outsidehawkinh jewelry, video games, clothing, car audio systems, bikes – just about Ruben Longoria, who opened the business nine years ago, says business is good: He just openes his third store nine monthxs ago in nearby Wheatfield. “They’rwe selling whatever they he says. “That’s all you hear: They need gas food money, medicine money.” Diamondc Enterprises, a Niagara Fallsa pawn shop, continues to see its regular customers just tryingg to get through themonth - as well as newcomersx hit hard by job losses and pay cuts, says Steve Huett, store manager.
“A lot of peopl are desperate to pay their bills in any mannerethey can,” he says. “We have some people that come in to pawn something just tobuy groceries. That’s bad.”
Sunday, November 4, 2012
D.C. narrows list of developers for Stevens Elementary School - Puget Sound Business Journal (Seattle):
esivyjifag.wordpress.com
Neil Albert, the formerf deputy mayor for planning and economic development and newcity administrator, announced Monday that his staff had eliminates six of the nine original A team made up of Chicago-bassed and the , basedr in D.C. Moddie Turay Company LLC, based in D.C. and founderd by former Mayor Anthony Williams'' special assistant Moddie Turray. Opus East was originally listed as a Turra partner by thedeputy mayor's office but is not includeed in its list of A partnership led by Peebles Development LLC, a likely outgrowth of the Peebles Corp., a Coral Fla.-based firm led by D.C. nativre R. Donahue Peebles. Peebles is teamedd with the Walker Group.
According to a press release from the finalists' proposals offer "various combinatione of new housing, office space, hotels and neighborhood-servinv retail." Among those eliminated are team s led by Akridge, Cafritz Intereste and the Capitol Hill Business Improvemengt District, which proposed using the site to train and house homeles adults. The finalists will presenf their plans at a community meetinbgJune 11, the day after a planned community meeting for fina l developers interested in Hine Jr. High Schoopl to present. Albert, who began as city administratofrthis week, announced in Aprikl the city had received bids for all 11 vacant schoolse the city has put on the market.
Neil Albert, the formerf deputy mayor for planning and economic development and newcity administrator, announced Monday that his staff had eliminates six of the nine original A team made up of Chicago-bassed and the , basedr in D.C. Moddie Turay Company LLC, based in D.C. and founderd by former Mayor Anthony Williams'' special assistant Moddie Turray. Opus East was originally listed as a Turra partner by thedeputy mayor's office but is not includeed in its list of A partnership led by Peebles Development LLC, a likely outgrowth of the Peebles Corp., a Coral Fla.-based firm led by D.C. nativre R. Donahue Peebles. Peebles is teamedd with the Walker Group.
According to a press release from the finalists' proposals offer "various combinatione of new housing, office space, hotels and neighborhood-servinv retail." Among those eliminated are team s led by Akridge, Cafritz Intereste and the Capitol Hill Business Improvemengt District, which proposed using the site to train and house homeles adults. The finalists will presenf their plans at a community meetinbgJune 11, the day after a planned community meeting for fina l developers interested in Hine Jr. High Schoopl to present. Albert, who began as city administratofrthis week, announced in Aprikl the city had received bids for all 11 vacant schoolse the city has put on the market.
Wednesday, October 31, 2012
Research addresses complex multiscale and multiphase cloud physics problems - Phys.Org
esivyjifag.wordpress.com
Research addresses complex multiscale and multiphase cloud physics problems Phys.Org Wang and Grabowski began studying these complex multiscale and multiphase problems more than a decade ago, prior to the cloud physics community's broad acceptance of the quantitative impact of cloud turbulence on warm rain formation. Today, new ... |
Tuesday, October 30, 2012
Kannapolis honored for economic strategy - Pacific Business News (Honolulu):
ovaluleq.wordpress.com
The city received the award in the categoryy of Excellence in EconomicDiversification Strategies, whicu recognizes responses to plant closures and other economic dislocations, that promot e economic diversification. The competition is open to nonprofits; local, statre and regional governments; and universities and Cabarrus and Rowan countieslost 4,300 manufacturing jobs when textilr manufacturer Kannapolis-basedPillowtex Corp. closed in July 2003. Two yearsz later, California billionaire Davisd Murdock announced plans forthe N.C. Research Campus at the 350-acr former Pillowtex headquarters andmanufacturing site. The life-sciences hub includes the participation of Duke theUNC System, the N.
C. Communith College System, other educational institutions andbusiness partners. The totao investment is expected toreach $1.8 billion. Residential and commerciap developments are rising around the campus with hopess ofturning Kannapolis, a former textilw town, into a biotech
The city received the award in the categoryy of Excellence in EconomicDiversification Strategies, whicu recognizes responses to plant closures and other economic dislocations, that promot e economic diversification. The competition is open to nonprofits; local, statre and regional governments; and universities and Cabarrus and Rowan countieslost 4,300 manufacturing jobs when textilr manufacturer Kannapolis-basedPillowtex Corp. closed in July 2003. Two yearsz later, California billionaire Davisd Murdock announced plans forthe N.C. Research Campus at the 350-acr former Pillowtex headquarters andmanufacturing site. The life-sciences hub includes the participation of Duke theUNC System, the N.
C. Communith College System, other educational institutions andbusiness partners. The totao investment is expected toreach $1.8 billion. Residential and commerciap developments are rising around the campus with hopess ofturning Kannapolis, a former textilw town, into a biotech
Sunday, October 28, 2012
Planned Parenthood Protest: Anti-Abortion Demonstrator Accused Of Stabbing ... - Huffington Post
ovaluleq.wordpress.com
Planned Parenthood Protest: Anti-Abortion Demonstrator Accused Of Stabbing ... Huffington Post GRANTS PASS, Ore. (AP) รข€" A man was stabbed Tuesday during a violent confrontation with an abortion protester outside a Planned Parenthood health center, police said. Ted Clair was stabbed seven times in the abdomen and neck during a fight with ... |
Saturday, October 27, 2012
Workers' comp reform has worked for everyone - Portland Business Journal:
savimy.blogspot.com
Recently, the state announced that 1996 ratesof work-relatede injuries and illnesses fell to record This followed an announcement that the average premium employers pay for workers compensation insurance will decline 15.6 percent in saving $112 million. These announcements createdd little stir, frankly, because they've become Workplace illness and injury rates have dropped almost every yearsincs 1988, and average premium rates have dropped every year since 1990. Workers ' comp costs are down by half and illnesss and injury rates by aboura third.
This is quite a change: In 1986, Oregon' s workers' compensation premium rates rankedf sixth most expensive inthe nation, employers' policies were being canceled, new insurers were and workers' compensation insurance was an impediment to businesw in Oregon. Too many workers were beinh injured and resolving cases tooktoo long. Our medica l and permanent disability costs were among the highest inthe nation, while injured and sick workersz received among the lowest benefits. By 1987, we clearly neededx reform, but that was no simple task. It requireds action by the 1987, 1991, 1993, and 1995 legislativwe sessions, plus a special session in to create a new frameworlk forthe system.
This included creation of , the Managemenyt Labor Advisory Committee we to provide a forum for labor and managementy representatives to study the system and offefr changes that serve the balanced interests of workersxand employers. The reforms made Oregon workers' compensationm more efficient andmore equitable. We'r e now the only state in the nation with eightg straight years ofpremium reductions, saving employers at leastt $1.5 billion in direct and our national premium rate ranking dropped from sixtuh to 34th. The savings expected for alone, total enough to pay the annual wagexsfor 3,212 industrial jobs or provide basic health care for 50,520 workers.
At the same time, Oregon a division of the Department of Consumet andBusiness Services, has helped make workplaces safer thoughj consultation programs, inspections, sanctions for grants for innovative workplace safety solutions, and educational programs. Workers who do experiencre on-the-job injuries have better benefits now: Maximujm benefits for permanently disabled workers are four timezs higher than they werein 1987; "timde loss" payments for people unable to work while awaiting acceptance or denial of their claims are made more promptly; claimants get bette r medical treatment under managed care and we have active early return-to-worl programs.
It's important to note that the percentagde of claims denied remained stable from FY 1993 to and actually declined inFY 1997. injury and illness rates have been measure d by US Bureau of Labor Statistics standards throughoutgour workers' comp reforms. Their downwarrd trend doesn't mean we've just quit counting. Of course, we haven'yt made this progress without and some of that criticism deserves Asof Jan. 1, DCBS increased the assessment it levies on employers tofund workers' comp for the first time since 1982 and after seven yeard without any change.
The increasde is needed because our success atreducing workers' comp premiums has shrunk the base against which the assessment is The only reason the assessmenyt did not increase during the past several years is that the departmenr followed legislative instructions to spens down reserve funds, allowing the assessmentf to be held artificially low. Even with the higher decreasing premiums mean that employers will pay an averagdeof 13.3 percent less for workers ' comp coverage in 1998 than in 1997.
But the increase makeds it especially critical for us to revieq programs to makesure they're the righft programs, funded at the right DCBS will conduct an internal review and work with the secretaruy of state's office to conduct an independent, externalp program audit. The findingws will be reflected inthe department's next budget request and in recommendationd MLAC makes to the governor and legislaturee next year. Improvement is always Just as no job can be guaranteed perfectly no state systemis perfect. Not everh employer acts responsibly, every claimant and every lawyer scrupulously. Not every insurancre company isabove reproach.
But Oregon's system for educatingv workers, monitoring employers and insurance companies, assessintg disabilities, compensating permanent disability, re-employing injures workers, and ensuring that workers' cases will be hearx and judged impartially is betteerthan ever. Costs are down, and the number of insurex workersis up. The workers' compensation system by careful redesign has ensured that work in Oregohnis safer, that insurance is availablse at reasonable cost, and by doing so, ensurede that there is more work for all Those who argue, in for pre-reform status quo in our workers' compensation system have missed the point to havingg worker's comp at all and have lost sighr of the balance we seek to MLAC, with equal representation from managemengt and labor, has no intention of letting that balances be tilted to the detriment of this state and the workers who driv e its economic success.
Shiprack and Pope are co-chairsx of Oregon's Management Labor Advisoryt Committee, which advises the governor, legislature, and statee agencies on workers' compensation
Recently, the state announced that 1996 ratesof work-relatede injuries and illnesses fell to record This followed an announcement that the average premium employers pay for workers compensation insurance will decline 15.6 percent in saving $112 million. These announcements createdd little stir, frankly, because they've become Workplace illness and injury rates have dropped almost every yearsincs 1988, and average premium rates have dropped every year since 1990. Workers ' comp costs are down by half and illnesss and injury rates by aboura third.
This is quite a change: In 1986, Oregon' s workers' compensation premium rates rankedf sixth most expensive inthe nation, employers' policies were being canceled, new insurers were and workers' compensation insurance was an impediment to businesw in Oregon. Too many workers were beinh injured and resolving cases tooktoo long. Our medica l and permanent disability costs were among the highest inthe nation, while injured and sick workersz received among the lowest benefits. By 1987, we clearly neededx reform, but that was no simple task. It requireds action by the 1987, 1991, 1993, and 1995 legislativwe sessions, plus a special session in to create a new frameworlk forthe system.
This included creation of , the Managemenyt Labor Advisory Committee we to provide a forum for labor and managementy representatives to study the system and offefr changes that serve the balanced interests of workersxand employers. The reforms made Oregon workers' compensationm more efficient andmore equitable. We'r e now the only state in the nation with eightg straight years ofpremium reductions, saving employers at leastt $1.5 billion in direct and our national premium rate ranking dropped from sixtuh to 34th. The savings expected for alone, total enough to pay the annual wagexsfor 3,212 industrial jobs or provide basic health care for 50,520 workers.
At the same time, Oregon a division of the Department of Consumet andBusiness Services, has helped make workplaces safer thoughj consultation programs, inspections, sanctions for grants for innovative workplace safety solutions, and educational programs. Workers who do experiencre on-the-job injuries have better benefits now: Maximujm benefits for permanently disabled workers are four timezs higher than they werein 1987; "timde loss" payments for people unable to work while awaiting acceptance or denial of their claims are made more promptly; claimants get bette r medical treatment under managed care and we have active early return-to-worl programs.
It's important to note that the percentagde of claims denied remained stable from FY 1993 to and actually declined inFY 1997. injury and illness rates have been measure d by US Bureau of Labor Statistics standards throughoutgour workers' comp reforms. Their downwarrd trend doesn't mean we've just quit counting. Of course, we haven'yt made this progress without and some of that criticism deserves Asof Jan. 1, DCBS increased the assessment it levies on employers tofund workers' comp for the first time since 1982 and after seven yeard without any change.
The increasde is needed because our success atreducing workers' comp premiums has shrunk the base against which the assessment is The only reason the assessmenyt did not increase during the past several years is that the departmenr followed legislative instructions to spens down reserve funds, allowing the assessmentf to be held artificially low. Even with the higher decreasing premiums mean that employers will pay an averagdeof 13.3 percent less for workers ' comp coverage in 1998 than in 1997.
But the increase makeds it especially critical for us to revieq programs to makesure they're the righft programs, funded at the right DCBS will conduct an internal review and work with the secretaruy of state's office to conduct an independent, externalp program audit. The findingws will be reflected inthe department's next budget request and in recommendationd MLAC makes to the governor and legislaturee next year. Improvement is always Just as no job can be guaranteed perfectly no state systemis perfect. Not everh employer acts responsibly, every claimant and every lawyer scrupulously. Not every insurancre company isabove reproach.
But Oregon's system for educatingv workers, monitoring employers and insurance companies, assessintg disabilities, compensating permanent disability, re-employing injures workers, and ensuring that workers' cases will be hearx and judged impartially is betteerthan ever. Costs are down, and the number of insurex workersis up. The workers' compensation system by careful redesign has ensured that work in Oregohnis safer, that insurance is availablse at reasonable cost, and by doing so, ensurede that there is more work for all Those who argue, in for pre-reform status quo in our workers' compensation system have missed the point to havingg worker's comp at all and have lost sighr of the balance we seek to MLAC, with equal representation from managemengt and labor, has no intention of letting that balances be tilted to the detriment of this state and the workers who driv e its economic success.
Shiprack and Pope are co-chairsx of Oregon's Management Labor Advisoryt Committee, which advises the governor, legislature, and statee agencies on workers' compensation
Thursday, October 25, 2012
Selling a Piece of Old Japan, to Save It - Wall Street Journal
vuwodu.wordpress.com
Wall Street Journal | Selling a Piece of Old Japan, to Save It Wall Street Journal The property is being marketed byรข€¦ The exterior of the self-built home of Kunio Maekawa, Japan's leading Modernist architect, is pictured. The house, in Meguro, central Tokyo, which is for sale for approximately $6.38 million, is Mr. Maekawa's only ... |
Wednesday, October 24, 2012
Timothy Pisula sought help to handle day-to-day investing - Pittsburgh Business Times:
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Pisula was an avid day managing most of his holdingsd himself until sixyears ago, when he came to the realization that he was too busy on the job to closelyu follow the stock market. An investment gone southj was his wake-up call. “For me, it was Northernh Telecom (International Inc.),” Pisula said. “I got in at $20 a it went up to $85 and I got an assignmenft to be CEO of a company out west and was too busy towatchu (Northern Telecom’s stock).” Shares slid to $10. “Io missed the opportunity to make a Pisula said. “And that’s when I decided to get a professionalmoney manager.” He hasn’tg looked back.
In fact, Pisulw handed off the day-to-day supervisory role and was able to takea long-term approach to investing. Northern Telecom filexd for Chapter 11 bankruptcy protection inJanuary 2009. But by that Jason Kollar, the financial professional Pisulqa hired, had diversified Pisula’s portfolio into stock and bond Pisula has owned the four funds that rank among his largesty holdings since2003 — Hartford Capital Appreciation Fund, Januas Forty Fund, Columbia Marsico Growth Fund and Loomix Sayles Bond Fund. “Tim made a lot of moneyy between optionsand telecom, and still keeps some interest in that,” said Kollar, a Merrill Lyncy & Co.
senior financial advisere and vice president based in its SouthHills “But he has a full plats — he’s busy with work and a including a new baby. There’sw a lot going on. No one knowzs what the market will do, so it’e best to have a diversified portfolio and go from It also has given him time to focuw on FoundationRadiology Downtown, where Pisula is marking his seconds anniversary as chief operatiny officer. The three-year-old company provides on-site and teleradiologh interpretationof X-rays, MRIs and other scanx for mostly small- to mid-size hospitaol clients. Pisula said the approach is helping his portfoliol weatherthe downturn.
“I want to have capitao appreciation without a lotof risk,” he “The funds are large caps paying dividends. It was easier to be a day trader in the late 1990s when the markey overall wasgoing up. Now that the economy’sw in transition, you can be burned really badly.” Pisula doesn’g miss directing his investments. He and Kollae talk quarterly at minimum and sometimezconfer weekly. Kollar allocates, diversifies and rebalances the portfolio as basedon Pisula’s evolving risk which is gradually becoming more Pisula’s biggest investing mistaked wasn’t a stock. It was a previouas business venture, Carnegie-based YYireless1.
NET, where he served as CEO. The problekm was manifested in a capitalraises — a transaction he just helped to pull off successfull for Foundation Radiology, despite the presentlyt difficult fundraising environment. “Due to the tech bubble burstinyg earlier this decade and subsequent lack of confidence in the wirelessbroadbandf sector, institutional investments in that sector dried up, basicallyu forcing me to sell the companyt to U.S.
Wireless Online in 2005,” Pisula
Pisula was an avid day managing most of his holdingsd himself until sixyears ago, when he came to the realization that he was too busy on the job to closelyu follow the stock market. An investment gone southj was his wake-up call. “For me, it was Northernh Telecom (International Inc.),” Pisula said. “I got in at $20 a it went up to $85 and I got an assignmenft to be CEO of a company out west and was too busy towatchu (Northern Telecom’s stock).” Shares slid to $10. “Io missed the opportunity to make a Pisula said. “And that’s when I decided to get a professionalmoney manager.” He hasn’tg looked back.
In fact, Pisulw handed off the day-to-day supervisory role and was able to takea long-term approach to investing. Northern Telecom filexd for Chapter 11 bankruptcy protection inJanuary 2009. But by that Jason Kollar, the financial professional Pisulqa hired, had diversified Pisula’s portfolio into stock and bond Pisula has owned the four funds that rank among his largesty holdings since2003 — Hartford Capital Appreciation Fund, Januas Forty Fund, Columbia Marsico Growth Fund and Loomix Sayles Bond Fund. “Tim made a lot of moneyy between optionsand telecom, and still keeps some interest in that,” said Kollar, a Merrill Lyncy & Co.
senior financial advisere and vice president based in its SouthHills “But he has a full plats — he’s busy with work and a including a new baby. There’sw a lot going on. No one knowzs what the market will do, so it’e best to have a diversified portfolio and go from It also has given him time to focuw on FoundationRadiology Downtown, where Pisula is marking his seconds anniversary as chief operatiny officer. The three-year-old company provides on-site and teleradiologh interpretationof X-rays, MRIs and other scanx for mostly small- to mid-size hospitaol clients. Pisula said the approach is helping his portfoliol weatherthe downturn.
“I want to have capitao appreciation without a lotof risk,” he “The funds are large caps paying dividends. It was easier to be a day trader in the late 1990s when the markey overall wasgoing up. Now that the economy’sw in transition, you can be burned really badly.” Pisula doesn’g miss directing his investments. He and Kollae talk quarterly at minimum and sometimezconfer weekly. Kollar allocates, diversifies and rebalances the portfolio as basedon Pisula’s evolving risk which is gradually becoming more Pisula’s biggest investing mistaked wasn’t a stock. It was a previouas business venture, Carnegie-based YYireless1.
NET, where he served as CEO. The problekm was manifested in a capitalraises — a transaction he just helped to pull off successfull for Foundation Radiology, despite the presentlyt difficult fundraising environment. “Due to the tech bubble burstinyg earlier this decade and subsequent lack of confidence in the wirelessbroadbandf sector, institutional investments in that sector dried up, basicallyu forcing me to sell the companyt to U.S.
Wireless Online in 2005,” Pisula
Tuesday, October 23, 2012
AK Steel
idozxun.blogspot.com
million in 2008 compared to $9.2 millioh in 2007. The figures were calculated from compensation data discloser inthe company’s annual proxy statement, which was filed this week. They included a 5 percent boostin Wainscott’sa salary, to $1.05 million. The bulk of the increasr in overall 2008 compensation came from a 15 percent hike in cash paymentsa tied to annualand long-term incentived plans. The 52-year-old CEO got $4.5 milliom in incentive pay basex onthe company’s performance for 2008 and for the three-yeaer period that ended in 2008. That compared with $3.
9 millionn in 2007 under those Offsetting the hike in incentivepay somewhat, the valuw Wainscott received in stock and stocm options in 2008 declined by 10 percent to $3.8 The values were determinexd by the company as of the day the shares and option were granted in January 2008. Those valuew are much lower today followinyg a steep decline in the markeft value of AK Steel sharez as a result of a slump in thesteel industry. The compensation figures reported by the Business Courier differ from the amountas inAK Steel’s proxy statement in the summarty compensation table.
The figures reported by the companh in that table include amountds it is required to reporty based on financial accounting rules but which do not reflectt compensation paid forthat year. AK Steel (NYSE: headquartered in West Chester, produces flat-rolled stainless and electricalsteelp products, as well as carbon and stainless tubula steel products.
million in 2008 compared to $9.2 millioh in 2007. The figures were calculated from compensation data discloser inthe company’s annual proxy statement, which was filed this week. They included a 5 percent boostin Wainscott’sa salary, to $1.05 million. The bulk of the increasr in overall 2008 compensation came from a 15 percent hike in cash paymentsa tied to annualand long-term incentived plans. The 52-year-old CEO got $4.5 milliom in incentive pay basex onthe company’s performance for 2008 and for the three-yeaer period that ended in 2008. That compared with $3.
9 millionn in 2007 under those Offsetting the hike in incentivepay somewhat, the valuw Wainscott received in stock and stocm options in 2008 declined by 10 percent to $3.8 The values were determinexd by the company as of the day the shares and option were granted in January 2008. Those valuew are much lower today followinyg a steep decline in the markeft value of AK Steel sharez as a result of a slump in thesteel industry. The compensation figures reported by the Business Courier differ from the amountas inAK Steel’s proxy statement in the summarty compensation table.
The figures reported by the companh in that table include amountds it is required to reporty based on financial accounting rules but which do not reflectt compensation paid forthat year. AK Steel (NYSE: headquartered in West Chester, produces flat-rolled stainless and electricalsteelp products, as well as carbon and stainless tubula steel products.
Sunday, October 21, 2012
Champs Sports extends agreement - Baltimore Business Journal:
azajir.wordpress.com
Champs Sports, a division of New York-based (NYSE: FL), and Floridsa Citrus Sports announced the sponsorshipl extensionJuly 7, but didn’t disclosre any specifics of the deal in a writtenm release. The game is playexd on Dec. 29 each year between college teams from the Atlanticc Coast and BigTen conferences. Last year’sx game attracted a record number ofattendeee — 52,692 — and was among the highest-rated bowl games telecast by ESPN. “Champs Sports is trult one of the finest, most committed sponsord in college football.
We are extremely pleasedx to have them as a partnefr and name sponsor of the Champs Sportw Bowl for anotherfour years,” said Steve Hogan, CEO of Florida Citru s Sports. Florida Citrus Sports is a nonprofigt organization dedicated to promoting the Central Florida communit y through foursignature events, including The Capital One and Champzs Sports bowl games, the Orlando Citrus Parade and the OUC half marathon and 5k.
Champs Sports, a division of New York-based (NYSE: FL), and Floridsa Citrus Sports announced the sponsorshipl extensionJuly 7, but didn’t disclosre any specifics of the deal in a writtenm release. The game is playexd on Dec. 29 each year between college teams from the Atlanticc Coast and BigTen conferences. Last year’sx game attracted a record number ofattendeee — 52,692 — and was among the highest-rated bowl games telecast by ESPN. “Champs Sports is trult one of the finest, most committed sponsord in college football.
We are extremely pleasedx to have them as a partnefr and name sponsor of the Champs Sportw Bowl for anotherfour years,” said Steve Hogan, CEO of Florida Citru s Sports. Florida Citrus Sports is a nonprofigt organization dedicated to promoting the Central Florida communit y through foursignature events, including The Capital One and Champzs Sports bowl games, the Orlando Citrus Parade and the OUC half marathon and 5k.
Saturday, October 20, 2012
Letter: Measure Y Proponents Misinform Voters - Patch.com
lehoquvuhu.wordpress.com
Letter: Measure Y Proponents Misinform Voters Patch.com There you go again, Measure Y proponents. Continuing to misinform and mislead Piedmont voters. At the outset, there was the completely false claim in your ballot argument in the Voter Information Pamphlet that, รข€œThe City Council unanimously supports ... |
Friday, October 19, 2012
Backbase Announces Extranet: Now Open to Developers and Partners - IT News Online
azajir.wordpress.com
Backbase Announces Extranet: Now Open to Developers and Partners IT News Online Backbase Announces Extranet: Now Open to Developers and Partners Copyright 2012 PR Newswire. All Rights Reserved 2012-10-02. NEW YORK, October 2, 2012 /PRNewswire/ --. Documentation, Manuals, How-To's, Extensions and Community Support ... |
Wednesday, October 17, 2012
Retail Brokers Inc. principals face lawsuits related to investments - San Antonio Business Journal:
ogarawo.wordpress.com
million in loans from an Oklahoma bank tothe pair’sz real estate partnerships. The two men also are defendant s in three investor lawsuits claiming they mismanaged investments in their retail realestate endeavors. The developers are tryinbg to settle the investor according to several attorneys familiar with the In 2008, the pair settled a simila r investor suit out of court. Barnesse and Papakyriakou, principals of Scottsdale-based , own shoppinh centers in Phoenix, Tempe, Gilbert and They operate each center under a separatebusinessz partnership. The pair also are involved in a numbereof Phoenix-area charitable organizations.
for example, is active with local Jewish community causez and helped raise money forArizonq Sen. John McCain’s 2008 presidential bid. Papakyriakou also goes by the name Alex The filed its suits in late January in Maricopsa CountySuperior Court, claiming the developers failed to pay back threde loans totaling $9.5 million, according to court documents. Mike Phoenix managing partnerof , the law firm representingy the bank, declined to comment on the pending matters. “W e cannot comment on the record,” Manning said. RBI and charitable foundation did not respond to requests for No official response to the lawsuit was filed by the defendantss bypress time.
The investor lawsuits were filedx in Maricopa County Superior Court againsft Barnessand Papakyriakou’s real estate Those three investor claims may be consolidated under Maricopaq Superior Court Judge John Buttrick and settled according to legal sources who wouldf not go on the record. Barness and Papakyriakou’s attorney, Jeffret Leonard, said he expects the investor lawsuits to beresolvedf soon. He said the resolutions would be via mutual but declined to say whethetr they wouldinvolve out-of-court settlements. Leonard also would not comment about the resolution or settlement of the 2008investord lawsuit. Barness and Papakyriakou did not comment forthis story.
Othetr lawyers familiar with the investor suits said a settlementt isbeing negotiated. Robert the investor/plaintiff’s attorney in the 2008 claim againsty Barnessand Papakyriakou, said he could not “All I can tell you is that the case was he said. The 2008 case claimed Barnesss and Papakyriakou deceived investorswith self-deals and misrepresenteed sales and financial proceeds. One of the 2009 in-vestor suits was filed by Phoenixcardiologistr Na-than Laufer and four other investors who say Barnes and Papakyriakou raised as much as $400 millionh in equity investments and loans for their real estatr and shopping center businesses.
They claijm the defendants “wrongfully diverted nearly $50 million to themselves,” according to coury documents. The Laufer suit also contends Barnese and Papakyriakou improperly used investmen t money in some deals between business entities they and that the sales benefited the defendants but not the The suitclaims fraud, breach of contract and failure to meet fiduciaryh responsibilities. Plaintiffs in the Laufer case say theyinvestec $1.3 million in Barness-Papakyriakou real estate Attorneys representing the plaintiffs in the Laufer case would not A second investor suit, filede by the Eugene and Lenore Schupal Family Trust, claims the trust invested $10.
4 millioh in Barness- and Papakyriakou-owned shopping centersd in Arizona and real estate The same suit contends another familuy entity, Schupak Partners I, investe d $953,000 in Castle Yuma Dev Partners, an investment entity created by the defendants.
million in loans from an Oklahoma bank tothe pair’sz real estate partnerships. The two men also are defendant s in three investor lawsuits claiming they mismanaged investments in their retail realestate endeavors. The developers are tryinbg to settle the investor according to several attorneys familiar with the In 2008, the pair settled a simila r investor suit out of court. Barnesse and Papakyriakou, principals of Scottsdale-based , own shoppinh centers in Phoenix, Tempe, Gilbert and They operate each center under a separatebusinessz partnership. The pair also are involved in a numbereof Phoenix-area charitable organizations.
for example, is active with local Jewish community causez and helped raise money forArizonq Sen. John McCain’s 2008 presidential bid. Papakyriakou also goes by the name Alex The filed its suits in late January in Maricopsa CountySuperior Court, claiming the developers failed to pay back threde loans totaling $9.5 million, according to court documents. Mike Phoenix managing partnerof , the law firm representingy the bank, declined to comment on the pending matters. “W e cannot comment on the record,” Manning said. RBI and charitable foundation did not respond to requests for No official response to the lawsuit was filed by the defendantss bypress time.
The investor lawsuits were filedx in Maricopa County Superior Court againsft Barnessand Papakyriakou’s real estate Those three investor claims may be consolidated under Maricopaq Superior Court Judge John Buttrick and settled according to legal sources who wouldf not go on the record. Barness and Papakyriakou’s attorney, Jeffret Leonard, said he expects the investor lawsuits to beresolvedf soon. He said the resolutions would be via mutual but declined to say whethetr they wouldinvolve out-of-court settlements. Leonard also would not comment about the resolution or settlement of the 2008investord lawsuit. Barness and Papakyriakou did not comment forthis story.
Othetr lawyers familiar with the investor suits said a settlementt isbeing negotiated. Robert the investor/plaintiff’s attorney in the 2008 claim againsty Barnessand Papakyriakou, said he could not “All I can tell you is that the case was he said. The 2008 case claimed Barnesss and Papakyriakou deceived investorswith self-deals and misrepresenteed sales and financial proceeds. One of the 2009 in-vestor suits was filed by Phoenixcardiologistr Na-than Laufer and four other investors who say Barnes and Papakyriakou raised as much as $400 millionh in equity investments and loans for their real estatr and shopping center businesses.
They claijm the defendants “wrongfully diverted nearly $50 million to themselves,” according to coury documents. The Laufer suit also contends Barnese and Papakyriakou improperly used investmen t money in some deals between business entities they and that the sales benefited the defendants but not the The suitclaims fraud, breach of contract and failure to meet fiduciaryh responsibilities. Plaintiffs in the Laufer case say theyinvestec $1.3 million in Barness-Papakyriakou real estate Attorneys representing the plaintiffs in the Laufer case would not A second investor suit, filede by the Eugene and Lenore Schupal Family Trust, claims the trust invested $10.
4 millioh in Barness- and Papakyriakou-owned shopping centersd in Arizona and real estate The same suit contends another familuy entity, Schupak Partners I, investe d $953,000 in Castle Yuma Dev Partners, an investment entity created by the defendants.
Tuesday, October 16, 2012
Tiffany & Co. to open third Seattle-area store - Puget Sound Business Journal (Seattle):
uraa-quartely.blogspot.com
The U Village stored is the second of a new type of Tiffanystorwe that’s smaller and less Jewelry will not be locked away in casesa but displayed out in the open so customers can freelyh try on different bracelets, brooches and rings with the help of a jewelry stylist. The stylistds will guide customers in mixing and matching contemporary jewelruy designs to create theirown looks. For example, a customer may want to layeer three or four necklaces in silver and gold to wear with a specialp braceletor pin. The jewelry will be “veru tuned into the current trendd in fashion that you see on runways orin Hollywood,” said spokeswomanh Terri Tiffany.
Designers include Palomwa Picasso, Elsa Peretti, Jean Schlumberger and Frank among others. Sales have been stronf at the first ministore Tiffany openef last Octoberin Glendale, Calif., Terri Tiffan y said. The 2,100-square-foot U Village Tiffany’ s will be the third Tiffany’s in the Seattle The jeweler also hasa 5,500-square-foot store at Bellevue Squars and a 7,900-square-foot store in Pacificx Place in downtown Seattle.
The U Village stored is the second of a new type of Tiffanystorwe that’s smaller and less Jewelry will not be locked away in casesa but displayed out in the open so customers can freelyh try on different bracelets, brooches and rings with the help of a jewelry stylist. The stylistds will guide customers in mixing and matching contemporary jewelruy designs to create theirown looks. For example, a customer may want to layeer three or four necklaces in silver and gold to wear with a specialp braceletor pin. The jewelry will be “veru tuned into the current trendd in fashion that you see on runways orin Hollywood,” said spokeswomanh Terri Tiffany.
Designers include Palomwa Picasso, Elsa Peretti, Jean Schlumberger and Frank among others. Sales have been stronf at the first ministore Tiffany openef last Octoberin Glendale, Calif., Terri Tiffan y said. The 2,100-square-foot U Village Tiffany’ s will be the third Tiffany’s in the Seattle The jeweler also hasa 5,500-square-foot store at Bellevue Squars and a 7,900-square-foot store in Pacificx Place in downtown Seattle.
Sunday, October 14, 2012
Taking on equity partner has expanded horizon of Cincinnati consulting firm Global Lead - Business Courier of Cincinnati:
burdukovahycel.blogspot.com
And are they ever glad they did. By the end of this the diversityconsulting firm’s revenue will have grown by 40 percent since the Goldman Sachsd UIG investment in said Global Lead CEO Oris That will push total revenue well beyond the $10.1 milliob posted for 2007. The partnership has given the firm accesd to capital toexpand internationally. For example, Globaol Lead acquired Pennsylvania-based earlier this year, naming Simmonsx CEO Terrence Simmons partnefr for European operations base in theUnited Kingdom. And Goldman’s strategicc expertise also has ledGlobal Lead’s owners to reorganize internally.
The firm named Stuart CEO earlier this year so the othef owners can work to grow specificc parts ofthe business: Janeg Reid is focused on international business; Vincenty Brown concentrates on innovation; and Samuepl Lynch is focused on service delivery. “Whebn we entered into the relationshi (with Goldman Sachs) in 2006, we were very hopeful,” said who is based in Globa l Lead’s Philadelphia office. “More than two yearsx into it, so much of the promise of the relationship hasbornw fruit. They’ve been a real solid partner in helping us make decisiones about ourfuture direction.
” That’s not to say takingy on a new equity partner was an easy said Reid, a Global Lead co-founder. The firm’x owners did lots of due diligence before inking the she said. They talked to owners of othet companies that had relationships with GoldmanSachs UIG. And they wanteds to make sure that takintg on a newpartner wouldn’t mean givingg up too much control of the company they had built. they knew Global Lead faced a “For all firms that start out atwhatevetr size, there’s a strategic point in the evolutiojn of the company where you have to make a decision on whether you want to be a growtnh firm or not.
And if you decides you want to be agrowty firm, you have to do whatever is necessaryy to grow,” Reid said. “We made that and we absolutely do not regretg it fora minute.” The key for entrepreneurs is to make sure they’re ready for a true businessz partner before taking on an equitu investor, said Michael Fisher, a local entrepreneur who is now an affiliatwe partner with a private equity investment firm. “The private equity investor is a real partner and expects to be not purely a silent sourceof capital,” Fishert said. “Just make sure that your needs and your opportunitiews are aligned with their interests andtheirt expectations.
” Reid and Stuart say that alignmen t has worked well with Goldman Sach UIG. And longtime clients have notices how Global Lead has been able to builx upon the services itcan deliver. The firm’ws international expansion has given Global Lead a deeper understanding of culturall and diversity issues aroundthe globe, said Keith Borders, vice president of associatwe relations and diversity at . The company has been a clienyt for15 years, and Global Lead has helped Luxottica develolp everything from an internal diversity policy and communications strategyh to a more global approach for its international work forcr and customer base, Borders said.
“They’vwe been able to help us understand how you begihn to develop a global diversityh and inclusion strategy and ensurr thatit isn’t a U.S.-centric strategy,” Borderw said. “In America, we look at it from the perspectiveeof race, sex, national origin, age and sexual orientation, versua broader factors considered in other countries. That’s the expertisw they’ve really developed since Like somany businesses, the key for Globa l Lead in 2009 will be navigatintg the economy and staying on course with the company’z mission.
Stuart said virtual training solutions will become all the more and Global Lead is working with clients to figurde out themost cost-effective ways to deliver its training and services. But Reid said the firm also is seeinf an uptick in the number of clients seeking executiv coaching andhelp re-engaging their top especially after aggressive downsizing. The key, Stuart will be continuing to delive the services clients need in the ways thatwork “We are an organizatiob that is growing on a macrl level in terms of revenuee and size, but we’re also an organizationn focused on trying to grow ourselves Stuart said. “That ultimately leads to the bigger resultsas well.
”
And are they ever glad they did. By the end of this the diversityconsulting firm’s revenue will have grown by 40 percent since the Goldman Sachsd UIG investment in said Global Lead CEO Oris That will push total revenue well beyond the $10.1 milliob posted for 2007. The partnership has given the firm accesd to capital toexpand internationally. For example, Globaol Lead acquired Pennsylvania-based earlier this year, naming Simmonsx CEO Terrence Simmons partnefr for European operations base in theUnited Kingdom. And Goldman’s strategicc expertise also has ledGlobal Lead’s owners to reorganize internally.
The firm named Stuart CEO earlier this year so the othef owners can work to grow specificc parts ofthe business: Janeg Reid is focused on international business; Vincenty Brown concentrates on innovation; and Samuepl Lynch is focused on service delivery. “Whebn we entered into the relationshi (with Goldman Sachs) in 2006, we were very hopeful,” said who is based in Globa l Lead’s Philadelphia office. “More than two yearsx into it, so much of the promise of the relationship hasbornw fruit. They’ve been a real solid partner in helping us make decisiones about ourfuture direction.
” That’s not to say takingy on a new equity partner was an easy said Reid, a Global Lead co-founder. The firm’x owners did lots of due diligence before inking the she said. They talked to owners of othet companies that had relationships with GoldmanSachs UIG. And they wanteds to make sure that takintg on a newpartner wouldn’t mean givingg up too much control of the company they had built. they knew Global Lead faced a “For all firms that start out atwhatevetr size, there’s a strategic point in the evolutiojn of the company where you have to make a decision on whether you want to be a growtnh firm or not.
And if you decides you want to be agrowty firm, you have to do whatever is necessaryy to grow,” Reid said. “We made that and we absolutely do not regretg it fora minute.” The key for entrepreneurs is to make sure they’re ready for a true businessz partner before taking on an equitu investor, said Michael Fisher, a local entrepreneur who is now an affiliatwe partner with a private equity investment firm. “The private equity investor is a real partner and expects to be not purely a silent sourceof capital,” Fishert said. “Just make sure that your needs and your opportunitiews are aligned with their interests andtheirt expectations.
” Reid and Stuart say that alignmen t has worked well with Goldman Sach UIG. And longtime clients have notices how Global Lead has been able to builx upon the services itcan deliver. The firm’ws international expansion has given Global Lead a deeper understanding of culturall and diversity issues aroundthe globe, said Keith Borders, vice president of associatwe relations and diversity at . The company has been a clienyt for15 years, and Global Lead has helped Luxottica develolp everything from an internal diversity policy and communications strategyh to a more global approach for its international work forcr and customer base, Borders said.
“They’vwe been able to help us understand how you begihn to develop a global diversityh and inclusion strategy and ensurr thatit isn’t a U.S.-centric strategy,” Borderw said. “In America, we look at it from the perspectiveeof race, sex, national origin, age and sexual orientation, versua broader factors considered in other countries. That’s the expertisw they’ve really developed since Like somany businesses, the key for Globa l Lead in 2009 will be navigatintg the economy and staying on course with the company’z mission.
Stuart said virtual training solutions will become all the more and Global Lead is working with clients to figurde out themost cost-effective ways to deliver its training and services. But Reid said the firm also is seeinf an uptick in the number of clients seeking executiv coaching andhelp re-engaging their top especially after aggressive downsizing. The key, Stuart will be continuing to delive the services clients need in the ways thatwork “We are an organizatiob that is growing on a macrl level in terms of revenuee and size, but we’re also an organizationn focused on trying to grow ourselves Stuart said. “That ultimately leads to the bigger resultsas well.
”
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