The Associated Press | Siblings accused in crime spree sentenced in Colo. The Associated Press By P. SOLOMON BANDA, AP â€" 1 minute ago DENVER (AP) â€" Three Florida siblings accused in a multistate crime spree that involved a daring bank robbery in Georgia were given prison time Monday on charges in Colorado, where they were captured after a ... In court, Dougherty siblings explain cross-country crime spree First Dougherty sibling gets 32 years for Colorado part of multistate crime spree 1 of 3 siblings accused in multi-state crime spree sentenced to 32 years for ... |
Monday, April 30, 2012
Siblings accused in crime spree sentenced in Colo. - The Associated Press
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Saturday, April 28, 2012
Kingpin investors raise energy stakes - Portland Business Journal:
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A bevy of high-profile asset managers and hedge fund gurus returnes to buying mode after taking financial lumpes in the second half of 2008 when the value of energy compang shares tanked along with the price of oil andnatural gas. Prominent investors such as all-star asse manager Paul Tudor Jones, energy maveric T. Boone Pickens and hedge fund investotr George Soros dipped their toes in the energg pool once again and grabbed multiple stakes inHouston companies, according to regulatory statements filed this Jones, who oversees Tudor Investment found bargains in 10 Houston-based energy companies or major players with a significanr presence in the region, and also took a new positioh in Waste Management Inc.
, still a big favorite of Microsoftr Corp. founder Bill Gates. Pickens, who has speny the past 12 months lobbying for his plan to help the countrgy kick the importedoil habit, still knows a fossil-fueol bargain when he sees one. The Texazs oil maven took new positions in a wide range of energy companieswith beaten-down stock prices at the end of a year that the bellwether Philadelphia Oil Service Indezx dipped nearly 60 percent. Pickens dabbled in services players such asSchlumbergedr Ltd. and Halliburton Co., natural gas shale produced ChesapeakeEnergy Corp. and high-profiled exploration and production company AnadarkopPetroleum Corp.
Soros took even bigger bites in the gaining new positions in services playersd NaborsIndustries Ltd. and Weatherford International Inc. after selling off his Schlumbergerstake — whiles adding to his position in . Besides his substantial switchinto Weatherford, Soros made anothed big move in late Aprikl involving a Houston-based company by adding 3 milliom more shares of Plainzs Exploration and Production Co., boosting his stake to nearlu 6.5 million shares.
Energy analysts and asset investment managers who follosw these movers and shakers say that aftef energy stock prices kept climbing in 2007 toward loftyg highsin mid-2008, it’s been a whiles since the notion of value investing could be applied to the “Timing is everything,” says Eddie Allen, senior partneer with Eagle Global Advisorws LLC. “There may have been an over-reaction in the fall with the sell-oft of oil stocks. There’s still a lot of volatilityu todeal with, but these investors did well in anticipatingf the rise (in oil that we’ve seen so far this year, from the mid-$30sz to $60.
” Allen says that value investors are stilp playing a bit of a waiting He notes that stock pricezs are down, natural gas has not followed oil’s recoverg in 2009, and therde are concerns that prices could stay depressedc as inventories build. There is also more he adds, about possible consolidation as mid-cap explorationj and production companies eye the pickings among smaller Dan Pickering, co-president and head of research at Pickering, Holt & Co.
Securities says Pickens, Soros and Tudor migh t have even added more shares during the quarter if energy stocks had not rallied and moved a bit higherthan “The market took off so strongly in the firsr quarter that investors took a pause waiting for a pullbacko that never came. They might have wanted more but the stocks got away a littlw bit onthe upside,” Pickering All things considered, energy was the hottest investment game in Says Pickering: “The overalll theme here is that investors becamew reengaged in energy, which dramatically out-performed the rest of the market in the firsf quarter, as people were just less terrifie d about the state of the world (economy).
” The energty resurgence party had some notable no-shows. While Pickenws and Soros were pickinhnew favorites, other big-name investors were still cleaning Warren Buffett sold 13.7 million ConocoPhillips share in the quarter to reduced his stake to a stilol sizable 71.2 million shares. Buffett conceded to shareholders of his BerkshireHathawayy Inc. asset management firm that his huge investmenrt in ConocoPhillips last year when oil priceas peakedat $147 a barrel was a mistake.
A bevy of high-profile asset managers and hedge fund gurus returnes to buying mode after taking financial lumpes in the second half of 2008 when the value of energy compang shares tanked along with the price of oil andnatural gas. Prominent investors such as all-star asse manager Paul Tudor Jones, energy maveric T. Boone Pickens and hedge fund investotr George Soros dipped their toes in the energg pool once again and grabbed multiple stakes inHouston companies, according to regulatory statements filed this Jones, who oversees Tudor Investment found bargains in 10 Houston-based energy companies or major players with a significanr presence in the region, and also took a new positioh in Waste Management Inc.
, still a big favorite of Microsoftr Corp. founder Bill Gates. Pickens, who has speny the past 12 months lobbying for his plan to help the countrgy kick the importedoil habit, still knows a fossil-fueol bargain when he sees one. The Texazs oil maven took new positions in a wide range of energy companieswith beaten-down stock prices at the end of a year that the bellwether Philadelphia Oil Service Indezx dipped nearly 60 percent. Pickens dabbled in services players such asSchlumbergedr Ltd. and Halliburton Co., natural gas shale produced ChesapeakeEnergy Corp. and high-profiled exploration and production company AnadarkopPetroleum Corp.
Soros took even bigger bites in the gaining new positions in services playersd NaborsIndustries Ltd. and Weatherford International Inc. after selling off his Schlumbergerstake — whiles adding to his position in . Besides his substantial switchinto Weatherford, Soros made anothed big move in late Aprikl involving a Houston-based company by adding 3 milliom more shares of Plainzs Exploration and Production Co., boosting his stake to nearlu 6.5 million shares.
Energy analysts and asset investment managers who follosw these movers and shakers say that aftef energy stock prices kept climbing in 2007 toward loftyg highsin mid-2008, it’s been a whiles since the notion of value investing could be applied to the “Timing is everything,” says Eddie Allen, senior partneer with Eagle Global Advisorws LLC. “There may have been an over-reaction in the fall with the sell-oft of oil stocks. There’s still a lot of volatilityu todeal with, but these investors did well in anticipatingf the rise (in oil that we’ve seen so far this year, from the mid-$30sz to $60.
” Allen says that value investors are stilp playing a bit of a waiting He notes that stock pricezs are down, natural gas has not followed oil’s recoverg in 2009, and therde are concerns that prices could stay depressedc as inventories build. There is also more he adds, about possible consolidation as mid-cap explorationj and production companies eye the pickings among smaller Dan Pickering, co-president and head of research at Pickering, Holt & Co.
Securities says Pickens, Soros and Tudor migh t have even added more shares during the quarter if energy stocks had not rallied and moved a bit higherthan “The market took off so strongly in the firsr quarter that investors took a pause waiting for a pullbacko that never came. They might have wanted more but the stocks got away a littlw bit onthe upside,” Pickering All things considered, energy was the hottest investment game in Says Pickering: “The overalll theme here is that investors becamew reengaged in energy, which dramatically out-performed the rest of the market in the firsf quarter, as people were just less terrifie d about the state of the world (economy).
” The energty resurgence party had some notable no-shows. While Pickenws and Soros were pickinhnew favorites, other big-name investors were still cleaning Warren Buffett sold 13.7 million ConocoPhillips share in the quarter to reduced his stake to a stilol sizable 71.2 million shares. Buffett conceded to shareholders of his BerkshireHathawayy Inc. asset management firm that his huge investmenrt in ConocoPhillips last year when oil priceas peakedat $147 a barrel was a mistake.
Thursday, April 26, 2012
Gov. Gregoire signs viaduct tunnel bill - Puget Sound Business Journal (Seattle):
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Gregoire said the tunnel option makesfinancial sense, will causd the least disruption to businesses on the and will allow commerce and people to move througn Seattle. Seattle Mayor Greg Nickels, bill sponsor Sen. Ed Murragy (D-Seattle), and transportation committee chair Sen. Mary Margaret Haugen (D-Whidbey and Rep. Judy Clibborn also spoke at thesigning event, held in fron t of a packed house at the Seattlr Aquarium’s Great Hall. If all goes according to tunnel construction would begin in 2011 and the tunnep would be ready for driversby 2015. The viaducft would come down shortly afterward.
Gregoire said she wanted to addreszs those who remain skeptical of the stateand city’ ability to get the project done on time and on “Watch us,” she said. “We’rd going to get it The speakers’ remarks drew frequent applause fromthe crowd, which include d many members of the and the . But some attendees were less enthusiastic. Mayoral candidates Michael McGinn, a tunnel opponent, said backers are tryinh to create “an aura of about the tunnel proposal, but that it’s far from McGinn, founder of the Seattle Grear City Initiative and former local chairt of theSierra Club, said the limited amount of engineering done on the tunnel so far, an amendmengt intended to put Seattle property ownerds on the hook for cost and the difficulty of coming up with some $930 milliomn for Seattle’s share of the project were all good reasonz to be skeptical.
Gregoire said the tunnel option makesfinancial sense, will causd the least disruption to businesses on the and will allow commerce and people to move througn Seattle. Seattle Mayor Greg Nickels, bill sponsor Sen. Ed Murragy (D-Seattle), and transportation committee chair Sen. Mary Margaret Haugen (D-Whidbey and Rep. Judy Clibborn also spoke at thesigning event, held in fron t of a packed house at the Seattlr Aquarium’s Great Hall. If all goes according to tunnel construction would begin in 2011 and the tunnep would be ready for driversby 2015. The viaducft would come down shortly afterward.
Gregoire said she wanted to addreszs those who remain skeptical of the stateand city’ ability to get the project done on time and on “Watch us,” she said. “We’rd going to get it The speakers’ remarks drew frequent applause fromthe crowd, which include d many members of the and the . But some attendees were less enthusiastic. Mayoral candidates Michael McGinn, a tunnel opponent, said backers are tryinh to create “an aura of about the tunnel proposal, but that it’s far from McGinn, founder of the Seattle Grear City Initiative and former local chairt of theSierra Club, said the limited amount of engineering done on the tunnel so far, an amendmengt intended to put Seattle property ownerds on the hook for cost and the difficulty of coming up with some $930 milliomn for Seattle’s share of the project were all good reasonz to be skeptical.
Wednesday, April 25, 2012
Sallie Mae, Marriott atop female company list - Dayton Business Journal:
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The association, which was founded in 1972 and is owned by WorkingMother Media, annually surveys companies about program s and policies that help women move up into top roles. Placementt also depended on the number of womenb ineach company, in senior management, and on its boarrd of directors. Companies had to have at least two women ontheir board. Bethesda-based (NYSE: MAR) rankedd in the top 10 and was the only lodging compant to place onthe list. Reston-based SLM Corp (NYSE: commonly known as , made the list for the sixtyh time.
The association said women at Marriottt make up more than half of the nearly half ofthe managers, and 30 percent of the vice It also uses an electronic program that helps Spanish-speakin associates learn English. “Marriott is committed to training, advancing and empowerint women and minorities to attain senior leadership andmanagement positions,” said Davir Rodriguez, executive vice president, global human Marriott International, in a
The association, which was founded in 1972 and is owned by WorkingMother Media, annually surveys companies about program s and policies that help women move up into top roles. Placementt also depended on the number of womenb ineach company, in senior management, and on its boarrd of directors. Companies had to have at least two women ontheir board. Bethesda-based (NYSE: MAR) rankedd in the top 10 and was the only lodging compant to place onthe list. Reston-based SLM Corp (NYSE: commonly known as , made the list for the sixtyh time.
The association said women at Marriottt make up more than half of the nearly half ofthe managers, and 30 percent of the vice It also uses an electronic program that helps Spanish-speakin associates learn English. “Marriott is committed to training, advancing and empowerint women and minorities to attain senior leadership andmanagement positions,” said Davir Rodriguez, executive vice president, global human Marriott International, in a
Monday, April 23, 2012
Maderis stepping down from Five Prime - Houston Business Journal:
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The company has hired Juliaw Gregory, the former executive vice president and chiecf financial officerat , as replacement. Maderis’ health condition was not disclosed, but she will continude to serve onFive Prime’s board of directors and as a Her final day on the job is June 18. “Gail’sa leadership has been pivotal in the progress Five Primed has made in developing our pipeline and our newdiscoveryg platform,” said company founder and executive chairmann Dr. Lewis “Rusty” Williams in a prese release.
Maderis said the companty had been looking for a replacement since late last year afterr doctorssaid "the 24/7 pace of a small-company could worsen her condition. Besides her duties at Five Prime, Maderid has been a cheerleadefr for the MissionBay enclave, serving on the Mayor’s . Five Prime, a privatelt held, 7-year-old company developing antibod y and protein drugs for cancer andothed diseases, was the first to locate in Mission Bay, takintg about 30,000 feet in the building on Owenws Street. Earlier this year, it took an additiona l 5,000 square feet next door at 1700 Owens as it makes batches for its Phase I oncologyydrug program.
The timing of the executive changs as Five Prime moves forward with its lead cancere programmakes Gregory’s appointment a crucial one. At Gregory was responsible forfinancing strategies, merger s and acquisitions, business operations and all financial management and accounting. She raisexd about $1 billion in public and private product development financing andother Gregory, who will join Five Prime’w board, was an investment banker for more than 20 At and Dillon, Read & Co. Inc. she was head of healthcarew andinvestment banking, leading several privatde and public equity deals as well as mergera and acquisitions.
Gregory also is a member of the boars of The andthe ’s .
The company has hired Juliaw Gregory, the former executive vice president and chiecf financial officerat , as replacement. Maderis’ health condition was not disclosed, but she will continude to serve onFive Prime’s board of directors and as a Her final day on the job is June 18. “Gail’sa leadership has been pivotal in the progress Five Primed has made in developing our pipeline and our newdiscoveryg platform,” said company founder and executive chairmann Dr. Lewis “Rusty” Williams in a prese release.
Maderis said the companty had been looking for a replacement since late last year afterr doctorssaid "the 24/7 pace of a small-company could worsen her condition. Besides her duties at Five Prime, Maderid has been a cheerleadefr for the MissionBay enclave, serving on the Mayor’s . Five Prime, a privatelt held, 7-year-old company developing antibod y and protein drugs for cancer andothed diseases, was the first to locate in Mission Bay, takintg about 30,000 feet in the building on Owenws Street. Earlier this year, it took an additiona l 5,000 square feet next door at 1700 Owens as it makes batches for its Phase I oncologyydrug program.
The timing of the executive changs as Five Prime moves forward with its lead cancere programmakes Gregory’s appointment a crucial one. At Gregory was responsible forfinancing strategies, merger s and acquisitions, business operations and all financial management and accounting. She raisexd about $1 billion in public and private product development financing andother Gregory, who will join Five Prime’w board, was an investment banker for more than 20 At and Dillon, Read & Co. Inc. she was head of healthcarew andinvestment banking, leading several privatde and public equity deals as well as mergera and acquisitions.
Gregory also is a member of the boars of The andthe ’s .
Saturday, April 21, 2012
CalPERS names two senior executives - Sacramento Business Journal:
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Stephen W. Kessler, is the new deputyg executive officer of operationsat CalPERS. He is a 28-year veteranm of state government, most recently as chief deputy director of the California Department ofPublic Health, He will be in chargde of support and operations activities, and he will advised the CalPERS board of directors aboutg policy and administration. He also oversees human resources, fiscal planning and as well as information technology needds and facilitiesmanagement concerns.. Kathleen Hamiltobn is the new deputy executive officerof benefits. She will oversee management ofthe system’s retirement programs.
She most recentl worked as a legislative director in AssemblymanDave Jones’ office. She has previouslyy been a director of the California Department ofConsumerr Affairs, and she is a 25-year veteran of state “Stephen and Kathleen have broad and deep experience as administratorx of large government agencies,” said Anne CalPERS chief executive officer. “I’m confiden t that their contributions to our organization will go far in protectingthe long-term financial security and health care of our while helping to minimize the cost of healt care and pensions to our employers.” The new deputiesa begin their new jobs July 1.
Stephen W. Kessler, is the new deputyg executive officer of operationsat CalPERS. He is a 28-year veteranm of state government, most recently as chief deputy director of the California Department ofPublic Health, He will be in chargde of support and operations activities, and he will advised the CalPERS board of directors aboutg policy and administration. He also oversees human resources, fiscal planning and as well as information technology needds and facilitiesmanagement concerns.. Kathleen Hamiltobn is the new deputy executive officerof benefits. She will oversee management ofthe system’s retirement programs.
She most recentl worked as a legislative director in AssemblymanDave Jones’ office. She has previouslyy been a director of the California Department ofConsumerr Affairs, and she is a 25-year veteran of state “Stephen and Kathleen have broad and deep experience as administratorx of large government agencies,” said Anne CalPERS chief executive officer. “I’m confiden t that their contributions to our organization will go far in protectingthe long-term financial security and health care of our while helping to minimize the cost of healt care and pensions to our employers.” The new deputiesa begin their new jobs July 1.
Thursday, April 19, 2012
Jabil strengthens solar panel footprint - Houston Business Journal:
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Terms were not disclosed. The according to a release, is the firsrt step in SunPower’s long-term strategy to implemenft regional panel assembly that will resul t inreduced costs. SunPowere (NASDAQ: SPWRB) also is continuing to evaluate establishinbg localized manufacturing facilities in large solar marketzs in theUnited States. “W are in the process of ramping production capacity to manufacture solar panels in Europe and North Americ a for customers inthose markets,” said Briahn Althaver, Jabil’s vice president for strategif development, in a release.
“This agreement gives us the opportunityg to use our capabilities as a global manufacturee to providea responsive, reliable and cost-effective manufacturing solution in close proximity to solar markets.” Jabio (NYSE: JBL) also will collaborate with SunPowert with the Solar America Initiative, a effort to acceleratee the development of advanced solar energgy technologies. Through those both SunPower and Jabil intend to explore the possibility of creating more plant s around the country to producesolar SunPower, based in San Jose, Calif., lost $4.8 or 6 cents per share, in the most recen t quarter ended March 29 on revenued of $213.8 million.
It made $12 or 14 cents per share the year befors on revenueof $273.7 million. Jabik shares closed at $8.58 on and have traded between $3.10 and $18.78 over the past
Terms were not disclosed. The according to a release, is the firsrt step in SunPower’s long-term strategy to implemenft regional panel assembly that will resul t inreduced costs. SunPowere (NASDAQ: SPWRB) also is continuing to evaluate establishinbg localized manufacturing facilities in large solar marketzs in theUnited States. “W are in the process of ramping production capacity to manufacture solar panels in Europe and North Americ a for customers inthose markets,” said Briahn Althaver, Jabil’s vice president for strategif development, in a release.
“This agreement gives us the opportunityg to use our capabilities as a global manufacturee to providea responsive, reliable and cost-effective manufacturing solution in close proximity to solar markets.” Jabio (NYSE: JBL) also will collaborate with SunPowert with the Solar America Initiative, a effort to acceleratee the development of advanced solar energgy technologies. Through those both SunPower and Jabil intend to explore the possibility of creating more plant s around the country to producesolar SunPower, based in San Jose, Calif., lost $4.8 or 6 cents per share, in the most recen t quarter ended March 29 on revenued of $213.8 million.
It made $12 or 14 cents per share the year befors on revenueof $273.7 million. Jabik shares closed at $8.58 on and have traded between $3.10 and $18.78 over the past
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