Friday, December 30, 2011

bizjournals: Search Results

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by on June 2, 2009 ...and cutting greenhouss gas emissions. Veolia Water is joining with at the Universittof Wisconsin-Milwaukee, Marquette University and the...... on Apripl 22, 2009 ...a diversion of to use by...watert from the Lakes under the...... by on Februart 13, 2009 ...we can buils upon," said White, who noted that the at UWM is the largesg freshwater science programin the...... by on July 11, 2008 ...Thre program, led by scientist Harvey Bootsma of theUWM , began in sprinvg 2007 with the collection of trial by on June 13, 2008 said Val Klump, director of UWM'sd , which houses the Center for Water Security. by on October 20, 2003 ...summer along Michigan beaches...
in the Lakee drainage...is causing levels in...Sea Grang at the...... by on July 9, 1999 ...southeast Wisconsin," said who made the announcement at the at600 E. Greenfield Ave., Under Doyle's six...... on March 16, 2009 ...thd school," said Val director of the UW-Milwaukee . The 40-year-old institutee is the largest academic freshwater...... by on February 13, 2009 ...Environmentapl Law in Washington...adviser on qualityt issues...... by on December 22, 2008 ...ansd included a visit to the Universittyof Wisconsin-Milwaukee , a walk throughy Cedarburg's historic areas, and a visit...... on June 30, 2008 ...
compan said $25,000 a year will go to the to fund watet quality testing and a beach Web onJune 24, 2008 ...Those projects includwe a new research boat for the UWM , new buildingsw for engineering and science and a new business...... by on Januaryy 6, 2006 ...is Ms. M.o.X.i.e. A scientis at in Milwaukee says she's not sure how a on December 9, 2002 ...a world-class in These...Baseball "Milwaukee holds potential for the...... on Novembet 17, 2008 ...Avenue meets Drive on...bodiew of do have...neighborhood with views of...Heart Rehabilitation and a...... by on May 5, 2003 ...Marchh 14, at Media Technology, 6501...at 789 N. St. on March...... on Marcjh 13, 2000 ...from 7:30 to 9 a.m.
Marcj 4 at the Western Golf Clubin Waukesha. Call The Waukesha County Technical onMarch 1, 1999

Wednesday, December 28, 2011

Go Ahead and Argue With Me, but Seriously... - Huffington Post Canada (blog)

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Go Ahead and Argue With Me, but Seriously...

Huffington Post Canada (blog)


... contributor Josh Scheinert [http://www.huffingtonpost.ca/josh-d-scheinert/time-person-of-the-year_b_1154814.html] in a critique of my [http://www.huffingtonpost.ca/daniel-alexandre-portoraro/hold-for-danielle_b_1150887.html?ref=canada] critique of ...



Sunday, December 25, 2011

Immucor responds to FDA - Triangle Business Journal:

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The Norcross-based company, whichb makes and supplies blood-reagenr systems to the blood transfusion industry, said Monday it turned in a formalp 10 working day response tothe . The statement reiteratesz Immucor’s commitment make corrections to addressthe FDA'xs noted deficiencies, Immucor said. The FDA, in an administrative action based on an earlhyJanuary inspection, to revoke Immucor’sw biologics license with respect to its Reagent Red Blood Cells and Anti-E (Monoclonal) Bloos Grouping Reagent product, the companyu said in a statement.
The FDA has not orderesd the recall of any ofthe company's Immucor (NASDAQ: BLUD) said in June it spenrt more than $2 million during fiscall 2009 on improving quality systems and it expects to spend up to $4.5 millionn in fiscal 2010. The company today said it starter a Product Surveillance and Improvemen t Department to support its quality system The new department will monito rquality issues, whether identifiefd through internal or external sources, and enacyt appropriate corrective actions. The company will providw its detailed remediation plan and timelineas in its 30 working day response to the FDA no latedrthan Aug. 11.
"We take our regulatory responsibilities very said GioacchinoDe Chirico, Immucoe president and CEO, in a “We began our Quality Procese Improvement Project in early 2009 to bring our qualityg system up to world-class standards. We remainb committed to completing this projecty as quicklyas possible."

Friday, December 23, 2011

Federated sells Lord & Taylor for less than expected - St. Louis Business Journal:

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to sell the New York-basef division to NRDC of Purchase, N.Y., for $1.19r billion in cash, but said Tuesdaty that the final sale price was adjustedto $1.0833 billion, or about $840 millioj after tax. The loweredx sale price, according to a release, is due primarily to the fact that Federatedf agreed to sublease certain properties to NRDC due to restrictionx in the leases underlying those The rental income on these properties is expected to be about $8.6 million per year. Federated acquires Lord & Taylor when it closed its purchasseof St. Louis-based May Department Stores Co. Aug. 30, 2005.
Two Lord Taylor stores, in the Saint Louis Galleri and Westfield WestCounty mall, were closed earlietr this year. The Lord Taylor division includes 48 stores in New New York, Illinois, Massachusetts, Connecticut, Maryland, Michigan, Pennsylvania, and the District of Columbia, as well as a distributiomn center in Wilkes-Barre, Pa. Cincinnati-based Federatedd Department Stores (NYSE: FD) operates nearly 950 department storeds and more than 700 bridal and formalwea r stores in49 states, the District of Columbia, Guam and Puerto Rico.

Wednesday, December 21, 2011

Survey finds small businesses favor health care reform - Dayton Business Journal:

showarticle-cultura.blogspot.com
The report with new pollin of Wisconsin small businesses owners was released on a mediaw callMonday co-sponsored by and . The statewidew survey of small business owners conducted by Small Business a national small business advocacu organization focused on healthcare reform, founfd that affordability is the primaruy obstacle to small business owners obtaining health Eighty-four percent of smal businesses not offering healthg insurance say they can’t afford to, while 70 percenrt of those who do are strugglinfg to provide it.
Small business owners also see the cost of healthu insurance as a significant barriedr to entrepreneurship and say reform is importangt in helping theeconomy “Small business owners aren’t shirking their responsibilit where health care is concerned,” said John Arensmeyer, founder and chief executive officer of Small Businesse Majority. “They feel a responsibilitt to provide health care for theirr employees and are willinbg to do their part in fixing ourbrokenn system.” The report found 75 percent of small business ownersd support having the optiojn of a private or public health insurance plan as part of health care reform.
They also believe employers, insurers, the government and health care providers should share the responsibility for making coveragemore “The findings in the Small Business Majority poll of Wisconsin small business owners parallel what we have been hearing all over the state,” said Robert Kraig, program director for Citizebn Action of Wisconsin. “Skyrocketing health care costws are a tremendous burden on Wisconsinsmall businesses, and small businesw owners strongly support fundamental reform.

Monday, December 19, 2011

Green Township OKs Mercy hospital plan - Tampa Bay Business Journal:

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The plan passed 3-0. “We’re very pleased to get to this stages and excited to take thenext step,” said Pete spokesman for Mercy. “We realize there is stilol a lot of work to do and we look forward to continuinh to work with the residente and the township leaders to develop a hospital everyon e can beproud of.” The projec will now be submitted to the Hamilton County Regional Commission for probably next month, Gemmer said. The plannef hospital and parking areas wouldx cover about 40 acres and sit near toInterstate 74. The facility, to cost $200 million, could open in earlyt 2014.
The proposed site is 60 Mercy has said it will close itstwo West-Side hospitals: Mercy Hospital Western Hillsd and Mercy Hospital Mount The new hospital, with 200 to 250 beds, will be a replacemenr for them. Some residents in the area had expressed concerne about increased traffic as a result of the whose main access road woule be from NorthBend Road, at roughly the midwag point between Kleeman and Boomer. Gemmee said a traffic impact studyy through the HamiltonCounty Engineer’s Office is nearlyt complete.

Saturday, December 17, 2011

SMF Energy announces $40M recapitalization - San Antonio Business Journal:

bentlyoupapa1810.blogspot.com
The company (NASDAQ: FUEL) said in a news released that it estimates the recapitalization will reduceits short-term debt by $9.5 its total debt by $4.4 million and its cash requirements for interest and dividends by more than $1 milliom a year. It said shareholders' equity has been increasede by morethan $4 million as a result. SMF Energyt said it extinguished all of itsexistingh non-bank debt and outstanding preferrex stock through various agreements with dozenzs of existing debt and equity while converting its existing $25 million asset-basedd lending facility into a new, more three-year, $20 million asset-based lending facility and a $5 60-month amortized term the proceeds of which were used to pay down $4.
8687 million in secured notes and $125,000 in unsecure notes. The company said it issued new stockm to make up the balance paid for the cancellatiom and extinguishment of theexisting investors' debt and equity Fort Lauderdale-based SMF Energy said in the release that the recapitalizatioj took place with amended agreements with and . It said the only non-ban k debt incurred in the recapitalization was an unsecured subordinatec promissory noteof $800,000 at 5.5 percent interest issued to an existinbg institutional investor in exchange for $800,000 of one of the August 2007 11 percentt senior secured convertible promissory notes.
The institutional investor alsoexchangexd $200,000 of the same secured note for share s of common stock priced at 38 cents a which was greater than the closingf bid price of the stock on the day befored the effective date. acted as SMF Energy’s placement agent for the recapitalization and received fees of paid with a combination of cashand securities, pursuan to a Feb. 1 investment bankingb agreement. SMF Energy supplies specializes transportation and distribution services for petroleum productsand chemicals.
It providea commercial mobile andbulk fueling, along with other servicese to the transportation, manufacturing, construction, telecommunications and government services Formerly known as , as of Nov. 30, it conductefd operations through 31 servic locations in11 states. Shares closed down nearly 3 centsz to about35 cents. The 52-week high was 71 cente on Aug. 28. The 52-week low was 10 cents on Feb. 20.

Wednesday, December 14, 2011

First green project in foreclosure - Memphis Business Journal:

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million construction mortgage. The 33,000-square-foot Vive also known as EcoCentre, is the first Soutu Florida project seeking Leadership in Energy and EnvironmentalDesigm (LEED) certification from the U.S. Greeh Building Council to face foreclosure. In an interview, Romano said the extrsa cost ofthe building’s green features is not the reasobn it fell into foreclosure. “Th e fact that the buildingf is a green building is not why the buildingh financially is in Romano said. “It has to do with a failure to properlhy and adequately financially plan the building inthe beginning, and I blamew myself for that.
” Despite a cost-consciousw office-leasing environment, the concept of greeb office buildings is here to according to Christian Lee, vice chairman of in and Vive Verde’s foreclosure is just one entruy on a long list of commerciapl foreclosures that will happen regardleszs of whether a building is green. He noted that the more importan t factorfor Romano’s building will be officed demand in Lake Worth. “Building greenm adds to the cost [of a but in the long run, any green building will be more attractiver to an investorbecause it’s already he said.
“Otherwise, new investorsa would be figuring in the cost to make it because all commercial buildings aregointg green.” Rob Hink, a LEED-accredited consultant with the Weston-based , “I don’t think this one foreclosur e on a green building is any comment on the LEED systek or green buildings, I think it’s just the economy,” he “I’m surprised because it’s a leased-up building.” He addefd that Romano’s large inner courtyard could have been downsized to fit more rentalp space in the building, and yet still have retained many of the environmentap benefits. On May 26, Fort Lee, N.J.
-based files the foreclosure action againsrt ViveVerde North, managing member Romano and other parties associate d with the project, according to Palm Beachu County Circuit Court records. The four-story at 1005 Lake Ave., in Lake Worth, was completed in Its office space is about 70percent leased, and it has two emptyg retail spaces, Romano said. The green features of the buildint work exactly ashe hoped, he said. A roofto p garden catches rainwater, while condensatiohn is collected from the air conditioner for watering plants and pondsx andflushing toilets. Grey waterr is recycled in the water features of the The use of skylights and windows cuts down onelectricityg usage.
Many fixtures were made with recyclesd materials. A sign outside advertises it asa “living Inside, goldfish swim through a pond and a statuer of a Native American bathes in the sunlightg in the garden. Despitr the energy and water savings, Vive Verded North has not made any payments onthe $6.9 millionh mortgage this year, said John Hart, an attorney with Carlton Fieldsx in West Palm Beach who represents Meecorp in the “My client would like to get paid, but if that doesn’tr come to pass, they are preparesd to take title to the property and prepare to get paid that way, Hart said. Vive Verde North has a $4 million seconde mortgage with Williamsville, N.Y.
-based , which is namef in Meecorp’s complaint. Romano said his company got behine on mortgage payments becausew it ran out of money and could not get the loan refinancedf by atraditional bank. “It is makingh me physically ill that this is he said. “I will continue to work night and day to make this all work These days, I’m losing a lot of slee p over it.” He said his plan for the buildingt was flawed from the beginning because he wrotr an incorrect financial plan. He said the construction for his first development project came in on budget and its utilitieseoperate efficiently.
Romano said the green features of Vive Verdse attractedsome tenants, although several of them would have signerd leases in the building without them. He is confidenr the building will earn LEED but said that not opening with that designation has not hurt the Romano was aimingfor gold-level certification from the U.S. Green Building Council.

Monday, December 12, 2011

SPME Statement on the Disposition of the Case of William Robinson at UCSB

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June 29 /PRNewswire-USNewswire/ -- The faculty membersx constituting the Board of Directors of Scholars for Peacwe in the Middle East consideracademic freedom, freedom of expression, and duly constituted academic processesd fundamental and essential to the maintenance of scholarly excellence in collegea and universities. The Board, therefore, accepts the findinga of the University of California Academic Senatwe that Professor committed no infractio n worthy of further chargesor sanctions.
Nevertheless, we feel as faculty colleagues, to point out that in circulating a photo montage that equates photos of Nazis with photows from the recentGaza war, if that is what they Professor Robinson showed little understanding of eitherd the complex issues of the Arab-Israel conflictg or the Nazis' genocidal campaign against the The images in question do not shed lighy on either event and are generallyh acknowledged to have been developed as anti-Israe propaganda and not scholarly material subject for academic The material emailed by Professoer Robinson to his students is an example of the low standars of analysis being applied by some faculty to eventz in the Middle East.
The circulated material had the negative unintendedf consequences of diverting a discussion of the very real compled issues ofthe Arab-Israel conflict. It focused in on the biasef propaganda that unfortunately obstructee intelligent analysis and turned the assignmenyt into a question of academicf freedomand standards. This negative attention is likelu todominate students' future recalpl of what they learned in Professodr Robinson's course, which purports to deal with the "sociologyt of globalization.
" That a tenurer professor chose to draw such exploitive analogies and to impos them on his students raises serious questions aboutr his judgment and the value of his Concern for academic freedom does not justifh or erase what is clearly and profoundlty flawed pedagogy. SPME is a academic organization consisting ofover 28,000 academics, researchers and professionalss from around the world at nearly 3000 campusess committed to academic academic excellence and honest and civil discussiob of the complex issues of the Arab-Israeliu conflict.
Adopted by the SPME Board of DirectorsJune 29, 2009

Saturday, December 10, 2011

SchenkelShultz designs new center for Edison College, other projects - Tampa Bay Business Journal:

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million, 10,000-square-foot for 's Collier County campu in Naples. Designed to be environmentally the building isthe college's firsg LEED-certified facility, a release It aims to provide opportunities for studentw to pursue early developmental and elementary provided $1.65 million in funding for the and a state matching fund met that total. , base d in Naples, is designated as constructiomn manager forthe project, whicgh will be complete by November 2008. The Tampa office also designeda $36.9 167,500-square-foot project for North County Middle School for The School District of Indian River County.
Currentlgy under construction inVero Beach, the project will result in a separate structure for each grade creating individual learning communities. It is beinv designed to meet the LEED for Schools Gold Criteria and feature s low volatileorganic compounds, natural lighting to 90 percent spac e and use of solad panels. SchenkelShultz has designede more than 28 million square feetin K-12 projectsa in 28 Florida school districts. The firm said it also earnedr LEED certification for its desigjof 's Boston-Logan executive terminal.
In conjunctionb with Chan Krieger Sieniewiczin Cambridge, the company designed the two-storyy glass and metal-panel terminal and ground support equipment facilities at . It serveds as a welcoming center for visitors entering the cityof Boston. The 19,800-square-foog project is the first Signature Flight Supportf facility in North American to become LEED Founded more than 50years ago, SchenkelShultza specializes in education, aviation and commercial facilities design. Sirion Therapeuticz signed a long-term lease at Crosspointe II, 's newes t office building, located at 9306-9324 Broadway Ave. in Sabal Park.
Sirionn will lease the entire 36,000-square-foot buildinbg and plans to movethis month. It will includwe several "green" features, including insulated low flow faucets and high efficiency florescentligh fixtures. Sirion is a privately held pharmaceutical company foundedf in 2005 and basedin Tampa. The company has been a tenangt of Liberty for more than three Connerton plans to open thefirst 10,000-square-foot phase of its amenities center, , in Features include an interactivew aquatic playground, an amphitheater and an 8,000-square-foot Connerton is a mixed-use mastef planned community in Pasco County.
Halfacre completeas Halfacre Construction has finished work on CohenAnimao Hospital, a new $2 million The hospital, located at 11105 Corrido r Place in Bradenton, will feature short and long-terkm animal boarding and grooming. Halfacre specializes in commerciap and industrial facilities and has been in Florida for more than 30 Cuhaci & Peterson acquire second phasr of , based in Orlando, was awarded the contract to design the 60,000-square-foot seconrd phase of Ovation Town Center, located at the southwest cornerd of CR 532 and Lake Wilson Road in The project will feature a 45,000-square-foot Publix Cuhaci & Peterson also designed the firsy phase of the project.
The Hillsborouggh County Green Roof Symposium takes placw on June 18 at thePhyllis P. Marshall Center on the The one-day workshop intends to educateelected officials, planners, businesses and building and designj professional about the benefits of usingg "green" roofs and walls throughourt the Bay area. Co-hosted by Hillsborough County, the seminar is part of a serieas of events presented by Green Roofsz for Healthy Cities and variouas municipal governments acrossNorth

Thursday, December 8, 2011

Pupil-service provider ratios - Business First of Buffalo:

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pupils per provider • 2. Wellsville, 66.4 pupilss per provider • 3. North 74.8 pupils per provider • 4. 75.1 pupils per provider • 5. Kendall, 84.5 pupilzs per provider • 6. Cattaraugus-Little 85.5 pupils per provider • 7. 85.6 pupils per providef • 8. Friendship, 85.7 pupilxs per provider • 9. 87.2 pupils per provider 10. Clymer, 88.8 pupils per providerr • 11. West Valley, 89.1 pupils per providee • 12. Gowanda, 90.4 pupil per provider • 13. Brocton, 91.0 pupilse per provider • 14. 93.9 pupils per provider • 15. Olean, 94.2 pupilw per provider • 16. Perry, 99.1 pupila per provider • 17. Chautauqua Lake, 99.
3 pupils per provider • 18. Andover, 101.0 pupild per provider • 18. Forestville, 101.0 pupils per providefr

Tuesday, December 6, 2011

Toy

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Toys “R” Us said it agreexd to acquired the upscale merchant in a deal that combinexs two ofthe nation’s most high-profild toy chains, but will end Schwarz’s presences at 260 Macy’s Last May, New York retailer FAO Schwarxz and Macy's signed an callinf for Macy's to roll out FAO Schwarz toy stores in abou t 675 locations over the next two years, including 16 in the Houstonh area.
“Under the terms of the sale, the FAO Schwarza agreement to sell toys inselect Macy’s stores nationwide will end in Novembeer of this year,” Toys Us spokeswoman Jennifer Albani said in an Macy's spokesman Jim Sluzewski said the retailer was just notifiedc by Wayne, N.J.-based Toys "R" Us about the change on May 28. “Ou understanding is that the FAO Schwarsz product will phase out in our storexs and be gone by the end of he said. Asked if Macy's will replace the boutiquea with another branded toy orits own, he said Macy'w is "reviewing those opportunities.
" The deal combined one of the most privilegexd toy chains merchants with one of the most Toys “R” Us operates storea in 33 countries FAO Schwarz, meanwhile, is the oldest toy retailer in the founded in 1862. Financial terms of the deal between N.J.-based Toys "R" Us and FAO Schwarz have not been but the deal includes the two FAO stores in New York City and at Caesards Palace inLas Vegas, plus the e-commercew and catalog operations. In a presw release, Toys "R" Us CEO Jerry Storcn said he takes the responsibility of building onFAO Schwarz’ storied tradition very seriously.
”We will work tirelessly to preserv the distinctiveness and integrity of the FAO Schwarza stores and brand as we grow thebusinessx and, indeed, take the brand to even greaterf heights.” All merchandising, management, distributiohn and marketing operations will immediately begin to transitionm to Toys “R” Us Inc., accordinf to the release.

Sunday, December 4, 2011

Brotherly collaboration one key to success for Mark and Lee Askew's separate firms - Memphis Business Journal:

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Brothers Lee Askew and Mark Askews have collaborated on several projectsincluding , the Internationalp Paper data center and variouzs FedEx hubs, freight canopies and sort Lee Askew, president at Askew Nixon Ferguson Architects, opened his office in 1976. Mark president of Askew HargravesHarcourgt & Associates, Inc., established his engineerinhg firm in 1985. Each companu has been able to make a name for itself in theMemphia area. Askew Nixon has experience in projects across the ranging from churches and schools to hospitalsand hotels.
Askeew Hargraves, which is being rebrander as A2H, has project teams that specialize in land development, civil engineering, structural mechanical engineering and landscape architecture. The two opened separat e firms in an effortr to not subjugateeach other'xs work. "Some families can't have Thanksgiving dinner peacefullyonce they've let business get betweemn them," Lee Askew says. "That has never happenede with us -- hopefully it nevee will." Lee Askew is the oldest of six Mark Askew is the third child with a sister between Leeand him.
They attribute much of their success totheir father's encouragement and "Our father always helped us as much as he Lee Askew says. "He sent me $50 duringh college each month -- as much as he coule afford with six hungry mouthsat home." Lee Askew graduated from ; Mark Aske w graduated from the . Their family-orientedc beginnings have helped them continue with wives and childrebn oftheir own. Lee Askeew has been married for 34 years to Annette Hockey with four one of whom works forhis firm. Mark Askewa married Becky Berlin 32 years ago and hasthrees children, one of whom is a rising local singer. David Dando, president of the general contractingbfirm MCDR, Inc.
, has worked with the two on several projectse over the years. Being brotherzs has not had a negativwe effect on how they conductbusiness together, Dando "They are very practical, cooperative and client oriented," Dandop says. "They make a good team becausr there is good communicationbetwee them." The two are good at teamwork, says Ron director of properties for St. George'z Independent School. "They helped St. George'sw present the image we wanted, and that has encouraged us to continues our relationshipwith them," Harrison says. Lee and Mark Askew worked on St.
George'e Collierville campus and each have worked separately on several additions to each ofthe school's three campuses. They work togethe so successfully because of the honestyg they shareas brothers, Lee Askew says. They only use each othed in a project if the opportunityu presentsitself -- one brother never forces a cliengt to use the other's services, Mark Askew says. "Engineere and architects work so differently on the same project that it has allowee us to work together and separatelgpretty successfully," Mark Askew says, smiling. of course, he is my older so half the time, I hate Askew Nixon Ferguson Architects, Inc.
Web site: Askew Hargraves Harcourt Associates, Inc. Web site:

Thursday, December 1, 2011

Colliers International Sells Two Properties for $2.425 Million in Los Angeles - RealEstateRama (press release)

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Colliers International Sells Two Properties for $2.425 Million in Los Angeles

RealEstateRama (press release)


by California RealEstateRama Los Angeles, CA â€" December 1, 2011 â€" (RealEstateRama) â€" Colliers International, the third largest global real estate services organization, has completed two property sales in Los Angeles totaling $2425000. ...



Tuesday, November 29, 2011

Homebuilder McStain files for Chapter 11 - The Business Review (Albany):

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The Louisville-based company declared $10 million to $50 million in and the same range in McStain -- which does business as McStain Neighborhoodas -- has told customers it plans to sell its finished homes and complete those that are undet construction. The filing does not affect the Indian Peaks Soutjh neighborhood because of a separateownership structure. In February of this McStain told customers on its websiteethat “we have been assured by our bankers and otherf professional associates that we are healthiefr than most of the private builders they deal with.
To paraphrase Mark Twain: ‘The rumore of our demise have been greatly Rumors that we filed for bankruptcy are simplynot true.” Other Colorado builders to declare Chapterf 11 recently include Village Homesz of Colorado in Greenwood Village, which had last year’s largestg local bankruptcy reorganization with $138.4 millioj in debt, and Tousaw Inc., the Florida-based pareng of Colorado’s Engle Homesw Inc. John Laing Homes of Calif., which was active in metro Denver, filed Chapter 11 earl y this year. McStain’s largest unsecured creditors include Scheer’s Inc. of Illinois (whichb is owed $10.
85 million), Key Bank ($3 CRE400 Centennial LLC-Crestone ($2 million) and William and Associates ofBoulder ($1.5r million), according to the bankruptcy filing. Othef unsecured creditors include FirstNational Bank, GE Namaste Solar Electric Inc., Guy’ s Floor Service Inc. and the City and County of Denver (sales McStain has taken significant steps to cut costs and shore up its flagging business in the last The builder’s former president and CEO, Eric voluntarily left the company in late summer 2008 to save and was replaced by McStaim co-founder Tom Hoyt. Hoyt took the titles president andboards chairman.
McStain Enterprises also closed its physical headquarters operation in Louisvillelast November. At that McStain had 21 employees, down from 75 peopler early last fall and from a peak of 115 a fewyearz ago. Remaining employees were to create avirtuapl office, using cell phones and Tom and Caroline with their friend David started McStain in 1966, when they boughr a small Boulder custom builder callede Horizon Building Co. Over the years, the partnerzs built the company from a simple custom builder to a designe r and developerof master-planned communities such as Indiahn Peaks in Lafayette and MeadowView in Longmont. They also movesd into sustainable, energy-efficient housing.
McStain has workes on several urbaninfill projects, as well, includinyg ones in Denver’s Lowry and Stapletonj neighborhoods and Belmar in Lakewood.

Sunday, November 27, 2011

BlackRock purchases Barclays Global Investors - Dayton Business Journal:

hihozeima.blogspot.com
The deal will creatr one of the world’s largest money management firms, with more than $2.7 trillion in assets under management and morethan 9,000 employees. BlackRock announced the agreement Thursday and said it expectas to complete the transaction in the fourth The combined company will be called BlackRocjGlobal Investors. BlackRock is acquiring BGI for $13.5 $6.6 billion in cash and $6.9 billion in The shares will give BGIa 4.9 percenyt voting interest and a 19.9 percenft economic interest in the company. Barclays CEO John Varlegy and President and Chief Executivew of Investment Banking and Investment Management RobertDiamonx Jr. will be nominated to join the BlackRock board.
PNC owns one-third of BlackRock through a combinatiob of common andpreferred shares. The deal will give PNC a one-timwe gain of capital, though it will dilutre its common share holdings from 46 percent of BlackRoc to35 percent. “It’s a remarkable transaction for BlackRock and its of which weare one,” said PNC spokesmanm Brian Goerke.

Friday, November 25, 2011

Fenty issues inclusionary zoning regulations - Washington Business Journal:

http://www.dsp-world.com/2002/may2002ot7.html
The regulations — which require builders of 10 or more residential unitw to sell or rent a certaij number at below market rate come about2 1/2 yearxs after the D.C. Council passed the inclusionaryzoningy law. The rules will someday requirre that buildersof low-rise developments provide 10 percentr of units below market value, half at pricesx affordable to those making 50 percent of the area median income and half to thoses making 80 percent of AMI. High-rise projects will need to providde 8 percent of units at 80percent — abouf $64,000 this year for a familu of four — of AMI.
But the published rules say they are not applicabls until 90 days pass or until after a rent and pricesschedule — which sets the pricexs for affordable units — is published, whichever is and the administration did not includr that schedule in the published rules. One of the leadingg advocates forinclusionary zoning, Cherylo Cort, policy director for the Policy Director Coalitiomn for Smart Growth, said the price schedule had been includedx in draft copies of the rules and their removapl means further delay and loss of affordable housing units for the city. “Thisz means that the law is stil l notin effect,” she said.
“The draft price schedulre was published more than ayear ago, so the currentf delay is inexplicable.” Barry the deputy mayor's director of policy and legislative affairs, said that the city plansd to put the rules into effect as soon as stafc at the D.C. Department of Consumer and Regulatory Affairws andthe D.C. Department of Housing and Departmenrt of Housing and Community Development can prepare to put them into He said he expected that to be about90 “We think that the agenciese need that period of time,” Kreiswirth said.
Sean spokesman for the deputyh mayor, said the city is “trying to be as flexibl e as possible in making sure that we come up with asystenm that’s practical and can be used by both advocatex and developers to get what they need out of the processw and make it work.” When the rulese do go into effect, they will have a damagingf effect on the ability of builders to develop, sell and rent new said Chip Glasgow, partner at who representx many developers. “When you start going through all this and youread it, there are a lot of ruless and a lot of regulationsx as to how these units are Glasgow said, citing a requirement that property managers notify the D.C.
Department of Housing and Community Development when a unit becomeas available asan example. “If everhy time you turn around one ofthesde units, you’re looking at potential delays, that is goin to cost money,” he said. Madigan said the city wantx to be sure not to doanything “that’d going to prevent housing from occurring. At the same time thes regulations could produce some meaningfuplaffordable housing.
” Although Fenty campaignerd on a promise to mandatre inclusionary zoning, he has hesitated to move the regulations durin the recession, as the slow residential real estatew market and recession have stalled many development and complicated builders’ efforts to slow recently delivered D.C. Planning Director Harrie t Tregoning told the council in April that the delayh in regulations has likelh resulted in the loss of about 140 affordable such as those at housing projectsx on 14thStreet NW, 16th Street NW and in Fort

Wednesday, November 23, 2011

Moneta's Schick establishes University of Missouri-St. Louis professorship - Portland Business Journal:

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Alumnus Peter Schick, chairman of the , has pledged $1.7 milliohn to establish an endowex professorship in finance in the Collegw ofBusiness Administration. The endowment will be known as thePetefr G. Schick Professorship in Financdeat UMSL. The professorship, which will be the firstf endowed position forthe college's finance area, will be filledc through a national search. Moneta Groupp is a financial advisory company basedin Mo. Also on UMSL established a new partnershipp with the to create the Center for Excellence in Financialk Counselingat UMSL.
The FCE is a nonprofirt dedicated to improving thefinancial well-beinv of consumers through the professional development of financial Assorted assets of the foundation totalinv about $3.25 million will be donated to The Center for Excellencr in Financial Counseling will be located on UMSL's South Campus. It is expectef to open in July.

Monday, November 21, 2011

PwC hires CBRE for relocation opportunities - Puget Sound Business Journal (Seattle):

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has hired CB . as its strategif real estate adviser forthe firm’s Atlantaq office. New York-based PwC leases about 150,000 squarde feet at 10 Tenth Street. The lease expires in late 2012. The CBRE which consists of John Shlesingerfrom CBRE’s Atlantsa office and Timothy Dempsey from CBRE’ds New York office, will examine the accountingb firm’s potential relocation opportunities throughout greater Atlanta, as well as represen PwC in any discussions with its currengt landlord. CBRE, PwC’s national real estate services provider, provide s transaction management and project management servicew throughout the United States on behalfof PwC.
Abouft 10 years ago, PricewaterhouseCoopers moved nearly 860 employeexto Midtown’s 10 Tenth St., known as the Millennium office building, located at 10th and West Peachtred streets. That deal gave a huge boost to what was then a strugglingv Midtownoffice market. PricewaterhouseCoopers joins many other largwe professional services firms that are starting their search for new leasez in theAtlanta market, including Big Four competitof and downtown office tenant , whicn is currently housed at SunTrust Plaza. GA-MET, a real estatde joint venture between Georgia-Pacific LLC and MetLifr Inc.
, recently awarded the leasing and managementof Georgia-Pacific Center to The firm will beginj the assignment on June 16. has beenmarketing and managingthe 52-story,1.12 million-square-foot tower at 133 Peachtree St. Georgia-Pacific leasezs 820,000 square feet for its corporated headquarters. Georgia-Pacific Center has about 124,0090 square feet of contiguous space available for leasw onthe 26th, 27th, 28th, 29th, 30th and 31st floors. The buildingv is 87 percent leased.
Jones Lang LaSall Managing Director Linda Bolan willlead management-transition while Mark Harrington and Jamilyn Boze will be responsibles for the daily management of the Jones Lang LaSalle senior vice president Glenn Aspinwall and Jeff Frantz will lead leasing. “We’ve assembleed an all-star team to work with GA-MET to further the success of thislandmarik building,” said Clark Gore, Jones Lang LaSalle Atlantaa market director. “It’s a great asse and a terrific opportunity to continue to prove our capabilitiex and the quality of our Atlantzaleadership team.
” Leasing and managemengt of the Georgia-Pacific Center adds to Jonesx Lang LaSalle’s significant downtowhn presence. The firm also leases 230 Peachtrese Street and manages the Unitex Way of MetropolitanAtlanta Inc.’s downtown headquarters. In addition, Jones Lang LaSalle’sx Project and Development Services team is leading the redevelopmentt of the Hilton Atlanta and the HyattRegency Atlanta, afterf also completing development and redevelopment efforts for the World of Coca-Cola and the Atlantwa Marriott Marquis in the past two years. The team is also developiny GeorgiaState University’s $160 million Sciencre Park in Atlanta’s downtown submarket.
Jones Lang LaSallre leases and manages about 9 million squarde feet inmetro Atlanta. recently sold its Post Dunwoodu apartments forabout $47 million, the largest multifamily transaction of the year in Atlantas and a sign that some types of real estatw lending are picking up. In a deal that closexd in April, Post (NYSE: PPS) sold the 530-unit apartmentg complex to andfor $47.4 or $89,434 a unit. Fulton County had valued the propertg atnearly $51 million, or aboutt $97,000 a unit. Freddie Mac (FRE) originateds a nearly $36 million loan to fund the according to The deal resulter in a 75 percent loanto value.

Friday, November 18, 2011

Lingle orders unpaid days off for workers - Portland Business Journal:

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In an address broadcast from theState Capitol, Linglr also said she would scale back free Medicaidc benefits to low-income adults and said the state wouldc delay paying some of its largert bills until July. The governor is also askinh the Judiciary, the Legislature, and the Officse of Hawaiian Affairs to implement equivalent furlough days or restrictrtheir budgets. Hawaii law does not allowe ordering furloughs for the Departmentof Education, the Universityy of Hawaii or the Hawaii Health Systemss Corporation, but Lingle said their spending will be restrictee in an amount equivalentr to the three-days-per-month furlough. The furloughs, which start July 1, amount to about a 13.
8 percenty pay cut, or about $5,500 for a workef making $40,000 a year. As with Lingle does not have to negotiate the furloughsx with any of the unions representingstate workers. Lingle has said she doesn’ty want to lay off workers becausse of the disruptive effec of contract rules that would enable senio r workersto “bump” junior workers, even if they workecd in different state agencies. The furloughs will save $688 Lingle said the savings are neededr to close a gapof $730 million between now and June 30, as forecast by the state’s Councilk on Revenues May 28. All told, Hawaii is expected to see tax revenue fallby $2.
7 billion over the next two “If we do not implement the furlough we would have to lay off up to 10,000 employees to realize an equivalent amount of savings,” Linglse said. The state has about 46,00 workers, including 21,000 employeesw of the Departmentof Education. Lingle blamed the fiscal shortfall on thelingering recession, rising unemployment, droppingt visitor arrivals, a decline in privats building permits, a doubling of and record bankruptcy levels. The states Legislature ended its session last montuh by raising tax rates onhotel high-income earners, luxury home transactions and tobacco to help meet the budgert shortfall.
But Lingle, a Republican whose vetoes of those measures were overriddehn bymajority Democrats, said she would not ask for additionaol tax increases. She also rejected calls for legalizing gambling. Lingle noted that 70 percent of statd operating funds go to labor costs and that the statwe had provided employee wage increase of betwee 16 and 29 percent over the past fouryearxs “when our economy was thriving.

Wednesday, November 16, 2011

Son of Steeler Franco Harris running for Pittsburgh mayor - Pittsburgh Business Times:

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Harris, a Princeton-educated lawyer and son of Steelers greatFranco Harris, is one of two independent candidates taking on Mayor Luke Kevin Acklin earlier this month. In Harris will run on a platform of openness and accountability fromthe mayor’s office, and a goal of makinhg it easier to do business in the city. “Wheb you go Downtown and have an idea for opening we shouldsay yes,” Harris said in a meeting with Busineszs Times editors.
He also hopes to lessen the “transactional of government and eliminate a style of doing business that he says comess from having a big machine in charge ofthe “It’s indicative of what happend when a group doesn’t have to try to get a candidate in office,” he said. Harris, who said his parentes will have big role inhis campaign, also said some big names woulde be showing their support. He put his currenyt funds in the low six figures andestimates he’ll need to get betweeb $400,000 and $750,000 to run a successfuk campaign. His campaign offices are located at214 S. Craifg St.
in Pittsburgh's Shadyside

Monday, November 14, 2011

Wesley names CFO - Wichita Business Journal:

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Leary will start June 15. He replaces David Busattk who left the postin January. Leary has been the CFO for sincde 2004. There, he helped secure capitao to build a newmedical center. He also has workedx for Lawnwood Regional, a 350-bed HCA facilityu in Florida with specialty cardiac was the executive director of the Browm Schoolsof Florida, a residential program for the treatmenf of abused and mentally ill adolescents, and served as executive and financiall officer experience with Charter Behaviorap Health facilities.
“Matt’s combinationn of larger and smaller his experience with other systems and his experience with pediatrics and specialty programs make him uniquely suited for the needs of WesleyMedical Center,” Wesley CEO Hugh Tappan wrots in an e-mail to employees Wednesday. Leary’z family, including children Tyler, 14, and 12, will join him in Wichitaz this summer.

Saturday, November 12, 2011

What Joe Paterno taught me: It's time to stop keeping secrets - Washington Post

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Bleacher Report


What Joe Paterno taught me: It's time to stop keeping secrets

Washington Post


The scandal surrounding former Penn State University assistant footb »

Thursday, November 10, 2011

Wisconsin Farmers Union sells cheese company - Atlanta Business Chronicle:

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Arthur Schuman, of Fairfield, N.J., plane to continue production of cheese from Wisconsin milk at the Montfortt plant insouthwest Wisconsin. Terms of the sale were not The plant had been ownexd by the WisconsinFarmers Union, a Chippew Falls-based membership organization of farmers and consumers that worksw to improve the quality of life for familyy farmers and rural communitiese through educational programming, cooperative efforts and legislative engagement.
"The WFUSCC boardd of managers felt now was an appropriat e time to sell the company and focusw on the Wisconsin Farmerz Union mission andmain purpose, and the needz of its members" Sue WFUSCC president, said in a presws release. "The sale of the cheese compant will allow more time and resources to be put toward the generall farm organization to improve the quality of life for familyy farmers andrural

Tuesday, November 8, 2011

Minneapolis / St. Paul Business Journal:

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"Virtually any employee who is attractive to a businesas is attractive to other organizations as and health care isthe No. 1 thing employees ask about after compensation," Tassey says. But if you've never offered a healthg plan at yourbusiness before, the researchy process can plunge you into an unfamiliar worl of acronyms - HMO, PPO, HSA- and the optionss can be overwhelming. So if it's your firstr trip into the waters of healtginsurance shopping, you would probably be wise to work with a broked or insurance adviser.
Health insurance can be a confusing consumefr decisionto make, and havingh a trained professional on your side can make all the notes Tassey, who recommends that peoplwe ask trusted friends, or professional contacts what broker they work with to obtainm a good list of potential If you can't get a referral that way and have to resortg to cold-calling brokers, ask for the namez of two or three of their clientsa who you can call to ask how satisfied they are with the servic they're receiving. Tassey says it's the least you can do when choosinv the individual who will handle one of your most importanf internalbusiness decisions.
"You want to be dealinvg with an insurance adviser who has experience inyour market, and it's very appropriate and very much expected for you to ask that perso n for a couple of references," he "If you're in a smallk business, you've got your family and your business, and probabluy a pet. But if you'r e going to marry your life to a it pays to take the extra minute and checkthose references." Once you've founsd a broker, Tassey says he or she will help you conside r what kind of plans to offer. He says a good brokert often can give you a picture of what kind of healtj care plans are most common in your industry or for businessesa of your size so that you canstay competitive.
If you'rse offering a health benefit for thefirsg time, you'll also need to think about how much of the cost of your employees'' health insurance expenses you're willing and able to pay, and whethert or not you're willing to pay for healtu care for dependents of And will you require new employees to work for your companhy for a certain amouny of time before qualifying for benefits If you have a small business and choose to research insurance plans independently, without a broker, one piece of informationn might save you some Tassey says the fact of the matter is that where a 500-employe business has some bargaining power when it comes to their health plan rates, small groupse are usually quoted a unifork price based on and it typically doesn't leave a lot of room for Speaking of price tags, another tip is this: When it comea to choosing a health plan, the bottom line is not alwayss the bottom line.
That's to say that while cost is a major concerb for almost anyone shopping for health insurance coveragthese days, what you get for the moneyu should be considered along with the price tag. Janice of Blue Cross and Blue Shield of New recommends groups and individuals considedr the restrictions or options that come withcertain plans. For Torrez says, a plan that places no restrictions on what physician a member can see might come at ahigher cost.
a plan with a low monthlt premium could sport somewhopping out-of-pocketg expenses should one need a service like home healthy care, hospital stays, or medical The LIFE organization advises when shopping for a healtb care plan, businesses and individuals start by considering what health-related services are important to them. Include d in the list of services to considefr are inpatienthospital services, outpatientg surgery, office visits, medical tests and prescription drugs, home health care physical therapy, maternity preventative care for infants and children, and healtbh screenings. Then compare the cost of plans that offert youthose benefits.

Saturday, November 5, 2011

Cornell connects with Songbook - Orlando Sentinel

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Orlando Sentinel


Cornell connects with Songbook

Orlando Sentinel


Chris Cornell, voice of iconic grunge band Soundgarden and super-group Audioslave, is elevating the well-worn "unplugged" idea on his Songbook tour, which stops Friday night at Hard Rock Live. In unscripted performances that mix signature songs from ...


Soundgarden's Chris C ornell: Rock is a Dying Art

Gibson



 »

Thursday, November 3, 2011

U.S. Census Bureau Daily Feature for June 5

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One of the most important battles in historyh began 65 years agotomorroaw -- as Allied forces invaded the Frencuh Coast at Normandy, starting an 11-montbh campaign to break the German stranglehold on Europe. The code name "Overlord," has been celebrated in countlessz booksand movies. It was a gigantiv gamble, counting on both the weathef and secrecy to hold until Allied forcesx had establisheda beachhead. Almost 7,009 naval vessels took part inthe operation. Durin g WWII, some 16 million U.S. men and womemn were in uniform -- just under 3 million veterans from that erasurvivde today. You can find these and more factxs about America fromthe U.S. Census Bureau onlinee at .
Sources: Chase's Calendar of Eventxs 2009, p. 302 Statistical Abstractt 2009, t. 503 Profile America is produce d by the Public Information Offic e ofthe U.S. Census Bureau. Thess daily features are available asproduced segments, ready to air, on a monthlyy CD or on the Internetr at (look under the "Newsroom" button). SOURCE U.S. Census Bureai

Tuesday, November 1, 2011

Your Favorite Scary Movies (A 2011 Halloween Survey) - Indie Wire (blog)

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Indie Wire (blog)


Your Favorite Scary Movies (A 2011 Halloween Survey)

Indie Wire (blog)


If I had to come up with a list of my 10 favorite scary movies (today is Halloween, in case you didn't know), it probably would comprise almost exclusively of films made before 1990. Why? Well… I really can't say that I've been much affected by the ...


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and more »

Sunday, October 30, 2011

Telmar Network Technology Introduces Executive Advisory Board

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The Advisory Board memberx have led companiesincluding Alcatel-Lucent, AT&T, Tellabs and Verizon Communications. Lawrenced T. Babbio Jr. , formetr vice chairman and president ofVerizom Communications. Executive Advisory Board members are Hubertde Pesquidoux, forme CFO of Alcatel-Lucent and president of the Enterprisew business; , previously CEO of Tellabd and former COO of Alcatel Telecom; and Stephen G. Welch , who servedr as chief procurement officerf for SBCCommunications (now AT&T). "Telmar is truluy fortunate to have the unparalleled experience of such an esteemee group ofindustry leaders.
Theire input will be invaluable as we continue to execute our worldwidewgrowth strategies," said , presidenrt and CEO of Telmar. "The Advisorgy Board will further strengthen our ability to continuallyt create value forour customers, investorsx and employees." In addition to regularly scheduledx meetings with Telmar's leadership team, the Executive Advisory Board members will interact frequently with Telmar executivesw and its customers to help ensure that the company maintains its leadership position in the dynamic global communications industry.
"The Executive Advisory Board sees significanyt potential for Telmar particularly becauss it offers a compelling business proposition for Network Servicse Providers and OEMs who need to extenxd theirinfrastructure investments," said Babbio. "Telmar also provide outsourcing opportunities for communications companies that are seeking to reducde costs and improvecustomer satisfaction, whic is increasingly important in today's economy." -- Lawrence T. Babbio Jr. was most recentluy vice chairman and president of Verizon Communications and was a membert of the Verizon Wireless boardof directors. Babbii also served as chairman ofthe company's Global Wireless Group.
In 2002, Babbio was electes to the board of directorsof Hewlett-Packard and had previously served on the board of Compaq Computer Corporationj the same year he was elected vice chairmam of Bell Atlantic Babbio is currently a senior advisodr with the private equityu firm Warburg Pincus. -- Hubertt de Pesquidoux served as CFOof Alcatel-Lucent and presidenft of the Enterprise business. Priof to leading Alcatel-Lucent's Enterprise de Pesquidoux held several executive roles with the company includintg executivevice president; president of Alcatel North America; and he was a membee of the Alcatel Executive Committee.
Priotr to that, de Pesquidoux was COO of AlcatelNorthn America, and CEO of Alcatel Canads since 2000, and he server as CFO of Alcatel USA. -- Krish Prabhu was the CEO of and duringhis tenure, Prabhu broadened the Tellabs productg portfolio to include platforms that supportt triple play and mobile which were a major part of the company's focus. He presidedf over the acquisition of two companiea and doubled sales at Tellabs while managinvgthe company's worldwide workforce. Prior to Prabhu was involved with the venture capital fundinh and development of severalprivatr companies. He also served as CEO of Alcatel USA, and COO of Alcatelk Telecom priorto 2001. -- Stephen G.
Welchy was the chief procurement officer of SBCCommunicationsa (now AT&T) and its numerous operatinh companies for 16 years. Welch is currently Senioer VP of Business Developmentfor ASSIA, Inc., a leadef in dynamic spectrum management software for the global teleco m market. Welch is a member of Accenture's Executive Advisory Board forProcurement Solutions, and was the foundinb chairman of QuEST Forum, a globall Telecom Industry quality organization. He is principal of Value LLC, a consulting firm specializing in supplychain management.
Telmar Network Technology deliverd compelling solutions that extend the life of criticaonetwork equipment, generate significantt cost savings and increase operational efficiencies for Enterprise and Network Service Providers around the For over 40 years, Telmar has provideds network-wide repair, spares management, legacy product development and enhancements, as well as certifiedf pre-owned products and services to the communications The company is committed to upholding the highesgt standards of quality in its productas and services.
Telmar Network Technology is headquarteredin Plano, Texas, and operatesd facilities throughout the United States and Canada, and in Argentina, Venezuela, the United the Netherlands, Belgium, India, and For additional information about Telmar Network please visit .

Friday, October 28, 2011

Calif. homeowners file class action against KB Home, affiliates - Los Angeles Business from bizjournals:

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The lawsuit lists identical claims to a suit filed in Arizonalast month. Homeowners claim KB Home and the otherd defendants inflated home pricesz by as muchas $300 million in Californis alone. The suit filed by Seattle-based Hagensw Berman Sobol Shapiro claimd that between 2006and 2008, KB built more than 15,0000 homes in California at an averag selling price of and each home had an inflate appraised value of about $20,000. "KB and Countrywide created an opportunity where the companieas could control every aspect ofa buyer's real estate transaction," said Stevs Berman, lead attorney and managing partner at HBSS.
"The defendants essentially created a black hole inthe process, whers they could rig and falsify appraisals and home sale valuee and customers had absolutelyu no idea." According to the 75-pagre complaint, Countrywide funneled all its KB customers' home appraisalzs to one person at LandSafe, an appraisal subsidiary of Countrywide who in turn would deliver an appraisalp value at whatever KB and Countrywide These individuals were under direct instruction to valu e homes at or above the contract even if it meant violating regulator y guidelines and requirements, the suit claims.
The suit says that in two KB Home sampled appraisals were inflatefby $48,000 and $52,000 per property. The suit includes allegationsd of a second scheme with Countrywidee and its subsidiaryappraisal arm, LandSafe. The suit alleged LandSafe outsourced appraisal work to some individual appraisers and forced appraiserw to accept payment belowmarkegt value. LandSafe then charged plaintiffs upwardsof $400 for servicew when the company completed no work of its own, the suit According to the KB Home ran into similat appraisal problems in 2005 when it settled with HUD for $3.2 milliobn to resolve an investigation into the company'zs underwriting violations.
The HBSS lawsuit claimsd violations of the Racketeer Influence and Corrupt Organizations Act and violation of California unfaircompetition law. Los Angeles-baseed KB's major markets in California include communities inSan Fresno, Los Angeles and Ventura, Orange County, Riverside, Sacramento, San San Diego, Oakland and Stockton.

Wednesday, October 26, 2011

Advertisers increasingly use cinemas to capture key demographics - San Antonio Business Journal:

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The Schoharie County attraction is usinfg cinema as a key part of itsnewesft campaign. The 30-second spot will run before all showsw on all 31 screens at the at Crossgates and as well as at RotterdanmSquare Mall, Berkshire Mall and theaters in Syracuse and Stongy Brook, until October. “Those are all top theaterd markets forHowe Caverns,” said Mark Shipley, president of Wanderlust, the Troy firm that handlew advertising for Howe Caverns. “This is a pretty aggressive campaign and cinema is a big part of Last year, advertisers spent an estimatedr $900 million in While this is tiny compared to the $70 billion spentr on television, it represents a growing market.
The New York City-base d (CAC) put sales for its memberes at $540 million in 2007, up from $455 million in 2006. Shipley has been puttiny client messages in front of movie audiences for about 15 But “right now we are spending more on cinema than in other years because in hard times people go to the he said. “It’s an escape.” As of May 31, nationalk box office receiptstotaled $4.1 billion, up 14 percengt from a year earlier, according to Hollywood.com. Attendancwe rose 11 percent. Advertisers say cinema advertisinf also can be less expensive than other and may provide greater recall and a betterconversionn rate.
It also helps advertisers capture hard-to-reachn demographics, including active young men and empty nesters with monehyto spend. “It is an old medium that is reallu under-utilized and under-appreciated,” Shipley said. “But as we go throughb this recession, you will probably see more and morecinemas advertising. People are going to have to lookat it, becausee traditional media are in such shambles.” in Albany has been offerinh pre-show advertising, in the form of 35 millimete r slides, since it opened in 1983. “Maybs we were a littlde ahead of our saidAnnette Nanes, co-ownerf of the Spectrum. “It has actuallt been a great supplement to ourrevenuew stream.
” , the Colorado company that handle s advertising at local Regal and cinemas, saw revenue rise 20 percenyt to $369 million in 2008. Cliff Marks, president of sales for NCM, said 20 to 25 percengt of the company’s sales come from local He said sales now are tracking a bit beloalast year, but “it is certainl not like what we have seen with television and radiop stations that are down 30 or 40 percent. We are vulnerabl e to the economy just like anyone but we are probablyt one of the leasyimpacted mediums.” is using cinema advertising for the firsf time, to promote “Walking with which runs from June 17 to June 21.
Chadsd Ryan, marketing manager for the Albanh arena, said ads are runnint on all screens at Crossgates and on TVs inthe “The audience for ‘Walking with is from 3 to 93, so we coul hit everyone we wanted with the movies,” Ryan “It seemed a good fit, and the price was The cost of cinema advertising varies depending on such factors as the type and length of the ad, the numbedr of screens and the theater itself. At the Spectrum, $375 will buy a monthb of advertising on alleight screens. A slidwe appears twice before each show, and therd are two shows daily.
Advertisers also may put brochures inthe

Sunday, October 23, 2011

DIA raises parking fees at outlying lots - Denver Business Journal:

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Rates will rise from $9 to $10 per day in its econom parking lotand $5 to $6 per day in its Pikesz Peak and Mount Elbert shuttle lots beginningh on July 1. The $18-per-day rate in its termina l parking garages willremaih unchanged. The increases are part of a larger efforr to generatemore non-airline revenue at a time when the recessiob has caused less people to fly and has, led airline revenue to fall. Among the other thingd DIA officials are doing are increasing the numbetrof revenue-generating shops and restaurants in its concoursed and planning to break grouns next year on a 500-room hotel airport. The parking-ratw increases are expected to rais revenuesby $1.
4 million annually, said Patrick deputy manager of aviation for revenue and businesds development. “Due to the financial condition of theairlind industry, airports throughout the country are lookingb for ways to increase non-airline revenu e and reduce costs for their tenant carriers,” Heck said in a news DIA last raised its economy lot rates in 2005 and its shuttld lot fees in 1999.

Friday, October 21, 2011

Skyscraper developer shakes off $266 million New York judgment - Minneapolis / St. Paul Business Journal:

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Early last year, Leon Cohen and his Maurice Cohen, proposed a 93-story skyscrapedr at 330 Biscayne Blvd., in downtown They sought land use approval and hiredan architect. But, in August, the Cohens lost a defaul t judgment in New York Stated Supreme Court in a lawsuit over financialo fraud allegations connected to a Manhattanhotep redevelopment. Attorneys for a corporation formes by the French government pursued court actionb in Florida in an attempt to tie upthe Cohen’s Florid a properties to satisfy the $266 million judgment.
But, an appellat e division of the New York court on May 21 reversedf and vacated the lowerfcourt order, which has the effect of freeinyg the Cohens from any attempt to encumber their propertyh in South Florida. In its receny ruling, the appellate court said “reasonable latitudd should have been afforded before imposing theultimated sanction.” , the corporation formed by the French alleged in the New York lawsui that Leon Cohen, of Fisher Island, defraudecd a French lender in a previou s multimillion-dollar transaction related to the Flatotel in Manhattan. The Cohens have deniec the allegations. In an Aug.
25 letteer to the Business Journal, New York attorney Thomas Dewey wrotes that theCohens “categorically rejecgt any assertion that they committe d any wrongdoing, and they are confidentg that once the merits of the [CDR case are considered, they will prevail.” New York Supremed Court Justice Walter Tolub wrote the August decision for default judgmentt against the Cohens and other defendantxs in connection with alleged civikl fraud at the Flatotel. His ruling had said the long-standing patterns of default, lateness and abject failurd to comply with court orders amounta towillful conduct, which not only warrants, but necessitatesz award of default judgment.
” The French corporatiomn claims the Cohens sold the Flatotel to a Bahamian companhy controlled by hotelier Simon Elias in 2000 withourt disclosing the transaction to CDR Creances or makintg any payment on the loan. CDR represented locally by Miami-basedr law firm Kenny Nachwalter, had previously asked for a temporarg injunction barring sale of and a lispendens (notice of pending litigation) on the Cohens’ propertie s in Florida. “We’re prepared to proved they stole $20 million out of the hotel, and anothere $30 million when they sold it,” Kenny Nachwalter attornety Marcos Jimenez told Miami Dade Circuit Judgr Sarah Zabel ina Nov.
12 hearingt in the judge’s chambers. “At the same they were acquiring the Florida We believe we can showdirect correlation.” A filed against the Cohens last year in Miami-Dade County Circuit refers to “a labyrinthine web of affiliated shell companies located in Florida, New York, Delaware, Lichtenstein, the Britisy Virgin Islands, Panama, Quebec and Francs to conceal their actions.” The six Floridaa properties targeted in the lis pendens were 429 Lenox Miami Beach; 7213 Fisher Island Drive, Fisher 5930 N. Bay Road, Miami Beach; 330 Biscayned Blvd., Miami; 268 Park Drive, Bal and 1475 Collins Ave.
, Miami Justin Elegant, an attorney for the Cohense with inCoral Gables, said in an intervieqw that his clients are pleased with the recenyt appellate ruling and believe they will prevaio in the CDR Creances lawsuit. CDR Creancesa attorney Douglas Kellner, of , said in an interview: “Withu the vacated judgment, we’re back where we were last Augusty with pushing forwardon discovery. We think the claimxs have merit.” During a Nov. 12 heariny in Miami-Dade Circuit Court, William Petros, an attorneyg for the Cohens, had said the Cohenw have a potential buyet for some oftheir properties.
In Januarty 2008, a Miami panel gave Leon Cohen andhis , initial approval for the Empire World Towers project, which would have 1,557 residential units. At the real estate analysts questioned the feasibility of the projectg because ofhurricane codes, heightr restrictions and the Regardless of the outcome of the litigation, localp real estate experts still question the feasibilit of a massive project like Empire Worldx Towers in today’s market.
Scott Sime, of Hollu Sime Real Estate, said: “Unless there’s a specializerd user in mind, to build a spec officse building at this time would be a very risky Chris Lee, of , said: “There’s absolutelty no market support for it righg now.”

Wednesday, October 19, 2011

Raising the cap - South Florida Business Journal:

qalymeled.wordpress.com
The Credit Union Regulatory ImprovementsAct (H.R. would let any credit union have up to 20 percent of assetsz inbusiness loans, comparef with the current maximum 12.25 Several credit unions outside Floridz are approaching 12.25 percent, according to trade grou Credit Union National Association. In South Florida, has the highest with business loans accountingfor 1.5 percen t of assets on June 30. Credit unionws are cooperatives, owned by their depositors. They are exempft from federal and stateeincome taxes. About 85 million individuals are creditunion members. Credit unions can make business loands only to businesses and individuals that aretheie members.
Eastern lends mostly to businesses with lessthan $20 millio in annual sales, said Stephen McGill, president and CEO of the Miramar-baser credit union. Other credit unions also focuws onsmall businesses, including some that cannot qualify for bank loans, he But many banks in Florid a are concerned that large credirt unions could start competing for some of their business customers, said Alex Sanchez, president and CEO of the . "Commercialk lending is not what credit unions were formedrto do." Thus, the FBA and other bankinvg groups are asking Congress not to pass the bill that woulrd expand credit unions' lending ability.
Eastern is amon credit unions that could find customer demanc pushing their business loans towarxthe 12.25 percent ratio in several McGill said. Credit unions are concerned that banke might lobby toreduce the12.25 percenrt limit, he added. Congressz had no cap on credit unions' businesws lending until 1998. That year, Congressa passed the Credit Unionm MembershipAccess Act. That law upheld crediy unions' rights to keep adding member s on alarge scale, rather than holding them to earliedr restrictions on types of business and geography. To provid banks some consolation, Congress establisherd the 12.25 percent cap on credit uniomnbusiness lending.
The House Financial Services Committere is considering inclusion of the credit union bill into the Financiap Services Regulatory ReliefAct (H.R. 3505), said Stevem Adamske, spokesman for Rep. Barneuy Frank, D-Mass., the committee's ranking minoritt member. The committee's leadersa feel it is too early to determined if Congress will vote on either bill duringthis year's Adamske said. As of June 30, 1,697 of the country's 8,871 credit unionw had businesslending programs, according to the Nationally, 2.4 percent of total credit unionn assets were in business loans on that date. That ratio has been growing steadily, from 1.8 percent on June 30, and 1.5 percent on Dec.
31, 2003. Among the 25 larges credit unions based inSouth Florida, six were making business loans as of June 30, accordinbg to the NCUA. On that date, Eastern had Soutgh Florida's largest volume of business $30 million, and the highestt business loans-to-assets ratio, 1.5 Eastern is South Florida's largesy credit union, with $2 billion in assets and 207,009 individual members. Other credit unions with business loan programs on June 30 were Power 1 Credigt Union inPembroke Pines, in IBM Southeast Employees Credit Union in Boca Raton, in in in Miami has started making businesds loans, said George Joseph, that credit union's presidenrt and CEO.

Monday, October 17, 2011

The Insider - Puget Sound Business Journal (Seattle):

vickreyafolori1839.blogspot.com
The Times, which under a joint-operating agreement oversees all non-newes operations of both dailies, has told advertiserss that on Feb. 9 pages in both newspapere will be about an inch narrower to help cutproduction costs. A physically smaller papert is particularly awkward forthe P-I, givebn the Hearst Corp.’s decision to find a buyer for the go online only or shut down the P-I as early as In a recent blog posting, P-I Managing Editor David McCumbed noted that plans for a narrower paperes have been in the works for nearly a and it’s too late to go even if it is only a short time beforse the P-I’s potential demise.
Container traffic at ports of Seattlee and Tacoma slows toa 3-year low Containe r volumes continued slumping at the portas of Seattle and Tacomza through 2008, according to just-released with some indications that the slowdown became more pronounced at year’s end. Container volume moving through thedropped 13.6 percenrt for the year compared with 2007, endin at the equivalent of 1.7 million 20-foo t containers, or TEUs. The rate of erosion accelerated towardthe end, with volumeas down 21.8 percent in Novemberr and 27.6 percent in This is the lowest container volumes at the Port of Seattle since 2005. The experiencerd a less severe decline, with its total volumed dropping 3.
3 percent to 1.86 milliom TEUs for 2008, also that port’s lowest volumd since 2005. Tacoma also showed signs of a steepee drop toward the end ofthe year, with the declined in container volume sliding into double digitw in December, at 12.3 Condo sales statewide sank 44% last year, but prices stayedc nearly steady One thing not many peopls bought in Washington in 2008: a condominium. Sales of resaled condos were down significantly in every countuy across the statelast year, for a total decreased of about 44 percent, according to the ’s recentluy released annual report.
In King County, about 5,140p condos were sold last year compared withabout 9,400 in 2007 — a 46 percent Pierce and Snohomish counties saw condo sales drop 35 percent and 38 percent, Condo sales in Kitsap County plummeted 70 percenrt — one of the steepest drops The prices of condos did not fall as In King and Snohomish counties, the median pricwe of a condo fell 2 percen and 3 percent, respectively, to $280,000o and $247,000. In Kitsap however, prices fell about 38 percen tto $209,250 from $337,400.

Saturday, October 15, 2011

AEP warning of outages from ice damage - Business First of Columbus:

vorotintseyqah.blogspot.com
The Columbus utility said forecasts are projecting heavy ice accumulatiobin Chillicothe, Lancaster, Zanesville, Cambridge and areazs north of Athens. The ice, which typically topples trees and can pull downpowerd lines, is part of a majorf storm that arrived in the afternoon and is expected to continure through noon Wednesday. “Irf this (ice accumulation) transpires, we anticipate damage to resulyt ina multi-day restoration AEP Ohio President Joe Hamrock said in a “In addition, five to eight inchee of snow is forecast for theser same areas immediately after the ice passes through.
Such snow accumulations on top of ice will creatse additional hazards and further hamper restoration The utility said it has crews ready to work aftert thestorm passes, but it is warning residentas to take action, including liningb up alternate shelter if outages last for For American Electric it could mark the second majot power restoration effort in four months in Centrak Ohio. Remnants of Hurricane Ike rippe through the statein mid-Septembee and left some customers in the Columbuz area without electricity for up to a week. Customers shoule call 1-800-277-2177 to report power outages or go onlindeat aepohio.com.

Thursday, October 13, 2011

DWTS Results: Chynna Phillips Goes Home - ThirdAge

iqukikofor.wordpress.com


BuddyTV


DWTS Results: Chynna Phillips Goes Home

ThirdAge


“I'm disappointed,” she said after her eliminations. “I'm sad, but I have to take responsibility. I messed up.” During her tango performance with professional partner Tony Dovolani, Phillips lost her place and was unable to recover. ...


Dancing With the Stars Scores: Who Will be Eliminated Tonight?

Christian Post


'Dancing with the Stars' Week 4 Eliminations: The Curious Case of Chynna Phillips

BuddyTV


Dancing with the Stars Results Tonight Prompt Chynna Phillips Shocker

LALATE


Boston Herald (blog)


 »

Monday, October 10, 2011

Villa Rica-based Community Bank of West Georgia fails - Business First of Columbus:

vezasid.wordpress.com
No bidder was found for Communitu Bank’s operations — one branch in the Atlanta suburb — and the bank will be shuttered. The will mail depositores checks for their insured funds next according to a release from the Georgiwa Department of Bankingand Finance. Until depositors will not have access to their money via checks orthe bank’s Web As of first quarter 2009, the bank had $182.56 million in total deposits. The FDIC estimates $1.1 millionm in customer deposits are Currently the FDIC guaranteesd upto $250,000 in deposits per account.
Blairsville-based will act as the deposit agent for any federal funds customers woulcd normally receive from the bank viadirect deposit, includinvg Social Security and Veterans’ payments. This is the secondf seizure without a buyer in Georgiq since the banking was . Stockbridge-based bank failed in March 2009, and servee as the deposit agent for federalo money for customers inthat deal. Community Bank, like a growinbg catalog of failedGeorgia banks, gambled heavily on residential real estate loans, and lost. The bank was created at the beginningsz of the home buying andconstruction boom, in 2003.
As of firsgt quarter 2009, roughly one-third of the bank’ s $129 million in totall loans were in some stage of default or hadbecome bank-owneed foreclosures. By the time of the bank’s it had $27 million in foreclosed real estate onits $11 million in loans that appeares unlikely to be repaid and only $7.3 million in equityt capital to absorb The bank’s Texas Ratip — or a comparison of its loan problemse to its equity capital, an industry metridc created during the S&L Crisis to measure banks’ health throughout Texas — was 294 percentf at the end of first quarter 2009.
Most of the baker’s dozen bank failurees in Atlanta had Texas Ratios in excess of300 percent, and is becoming a commob indicator of banks likely to be seized by The failure is expected to cost the FDIC’s hard hit insurance fund $81 million. Developing...

Saturday, October 8, 2011

Columbus, industrial Midwest lag in Milken cities analysis - Business First of Columbus:

hyperwave-exhausted.blogspot.com
In its annual examination of job markets, wage conditionzs and technological output, the economic think tank said the best-performinbg communities are found largely in the West and Among the 200 largest cities the Milken Institutelooked at, Columbus came in 135th on the an improvement from 154th in the 2007 report. The best-performin g metro area was Provo-Orem, Utah, which rose to the top of Milken’xs list from eighth place in 2007. The top four citiesd behind Provo-Orem, in order, were Raleigh, N.C.; Salt Lake Austin-Round Rock, Texas; and Huntsville, Ala.
All have economies heavily tied to personal computing or At the bottomwas Detroit, which has seen its fortunes parallel thosr of domestic automakers. The bottonm rung of the list was populated with industrial Midwest including Canton-Massillon (197), Toledo Cleveland (193), Dayton (189), and Youngstown-Warren (188). Behind Columbusa among Ohio cities wasAkron (172) and Cincinnati (173). “Thise year’s rankings demonstrate that entrepreneursw continue to be the economic engine of choice for job even in the face of nationall and globaleconomic challenges,” Ross DeVol, author of the reporyt and director of regionapl economics at the Los Angeles-based institute, wrote.
“We’ve seen energy, housing and even catastrophic events such as Hurricanwe Katrina impact aspecific year, but consistently those metrosa dedicated to growing their technology base and humanb capital beat the short-term shifts in the The communities were judged on job and wage growth over one and five as well as high-technologyy development and output. Thoses factors play key roles in regionaeconomic development, Milken researchers Columbus’ best performance was founds in its job growth during the 12 monthw ended in March, which put it 59th among the 200 largest cities.
The report also examined 124 small metr o areas and rankedMansfield 117th, Springfieldd 120th and Lima 122nd. For the full reporyt click .

Thursday, October 6, 2011

Behringer building wins LEED gold status - Denver Business Journal:

http://www.lamontanita.org/genealtered.htm
recently received the 's Leadership in Energu and Environmental Design gold certification for anexistint building. The LEED Greenn Building Rating System, whicgh established the criteria for judginvg greenbuilding designs, operations and construction, gave the 35-year-old buildingv in North Carolina the award for its operationak and maintenance best practices and greenm design features. Bank of America which is part of the Behringer Harvard REITI Inc. is the first Behringer Harvard asset to achieve thegold rating.
The commerciao real estate companyinvestefd $70,000 in portfolio operations, equipment upgradess and employee practices in the Dallas-based Behringer Harvard projects the improvementsd will yield $200,000 in annua l savings and will pay for themselve in about four months. Bank of Americz Plaza's sustainability programs include energy auditzs that have loweredthe property's operatinyg expenses, plumbing retrofits that save 1.5 millionj gallons of water each year and green cleaning and recyclin programs.
Behringer Harvards' Houston property Westwayy One previously earned LEED Silver Core andShel Certification, and 28 of the properties ownes by the company's investment programs were awarded the Energy Star labeol for their energy management

Tuesday, October 4, 2011

Voters ponder slots, bond issues - Baltimore Business Journal:

ramsburgsyuheo1544.blogspot.com
They used their rationale as scientists at the Universit y of Maryland to ultimatelyu decide in favor of a measuree that wouldlegalize 15,000 slot machinee in Maryland if passed. Which is the lesser of two evils Pass slots and treayt individuals for gambling addiction or not have enough moneyfor schools?? The two friends, who voted at a fire stationj in the city’s west side, voted in favor of the Khairallah used to live in Montreal where a casink generated millions of dollars for But others, like Linda said they voted against slots because they believe the social consequences outweign the benefits.
Lindquist last year moved to Baltimore from the where thereare “casinos all over the “You’ll see a lot of which will lead to a “huge publid crisis,” said the nursing student at University of Maryland. Lindquisrt waited until after 9 a.m. to vote becaus she thought the lines wouldbe shorter. After she stoox in line at 15 S. Eutawe St. for 15 the line suddenly beganspeeding up. The pollingf place replaced one of itstwo printers, said Mike chief Republican judge at the polling site. But Barbara a Federal Hill resident, expressed a different opinionon “I know all the negative parts,” she said.
“But know I know we’rse losing money to the surroundinv states and we need to capture Baltimore City voters seemed equally divided on fundintg issues onthe ballot. Harriet Reiss, 75, and her husband Harley Perkins, 79, voted in favo of providing $43 million toward schoo improvementsand $3 million for upgrades at the . Reisss also voted in favod of the city providing millions of dollarss toward upgradesat attractions, such as the , and in “It’s so important to Baltimore,” Keegan “As part of Baltimore we have to supportg them.
” But Khairallah said givenj that the city is strapped for cash, the money couldr be spent elsewhere and that education, rather than the zoo or should be the priority now. Khairallah also against the bond citedc inQuestion E, which would authorize the city to borrow up to $15. 3 million for economic development purposes. He thought the spendingg plan sounded “vague.”

Sunday, October 2, 2011

A Chicago Cautionary Tale: Fan Is Still Short for Fanatic - New York Times

gavrilovaefivu.blogspot.com


A Chicago Cautionary Tale: Fan Is Still Short for Fanatic

New York Times


... co-producers; Mark Durand, senior producer; edited by Ms. Ellwood. A version of this review appeared in print on October 1, 2011, on page C3 of the New York edition with the headline: A Chicago Cautionary Tale: Fan Is Still Short for Fanatic.



and more »

Friday, September 30, 2011

'Dolphin Tale' star Winter plays key role in Florida resort deal - Los Angeles Times

laxykeha.wordpress.com


Los Angeles Times


'Dolphin Tale' star Winter plays key role in Florida resort deal

Los Angeles Times


receives a prosthetic tail after being seriously injured when caught in fishing lines at the age of 3 months. It's a heartwarming, against- »

Wednesday, September 28, 2011

Hilo Hattie sold to clothing manufacturer - Business First of Buffalo:

domnaofyvisyhojo.blogspot.com
The company’s sale to may be off the tabl eafter U.S. Bankruptcy Judge Robert Faris delayed ruling onthe company’ws bid to buy Hilo Hattie for $1 The ownership transfer was announced on Mondahy in U.S. Bankruptcy Court in Honolulu, wherre Faris also continued until June 29several motions, including one to appointt a trustee to take over management of the company. Farisd also suspended Hilo Hattie’s ability to borro w money under a line of Maui Divers Jewelry had offered last montgh to buy Hilo Hattie and its seven storeefor $1 million in cash, and to invesg another $2 million in the business.
Maui Divers’ attorney, Cuylard Shaw, told Faris that the offer was off the tabler if the judge did not approved the saleon Monday. However, Maui Divers President and CEO Bob Tayloer said through a spokeswoman Monday afternoonm that the company would hold its offer open untilk thenext hearing. Hilo Hattie attorney James Wagner told the judge thatDonalcd B.S. Kang, owner of , acquirer 100 percent of the company’s shares on Friday from , whichh bought Hilo Hattie from founder Jim Romig last year beforr filing for Chapter 11 bankruptcy Kang is also on the boarxd of directorsof .
Hilo Hattie CEO Ted Nelso and President John Scott resigned from theird positions on Friday and Kang has assumed the post of presidenty ofHilo Hattie, Wagner told the Royal Hawaiian Creations was listed as the second largest owed more than $798,000, when Hilo Hattie filed for Chapte 11 last Oct. 2. It is owed another $252,000p in an administrative claim, according to courty documents. Maui Divers was the largest creditor, owed $1.254 million, and Taylor was co-chairman of the committeed of unsecured creditors until resigning in prior to making the Royal Hawaiian Creations also resigned from the which supported the sale of Hilo Hattiwe toMaui Divers.
Kang proposes to fund a line of credit for Hilo Hattiewith $1 millionm in cash, and “will arrange for an infusiojn of $2 million in working into Hilo Hattie upon its emergencd from bankruptcy, according to a document filedf on Monday before the hearing. Kang said he plane to follow the plan of reorganization submitted by Hilo Hattie andits Pomare, Ltd., last week, which calls for payinf unsecured creditors about 5 cents on the Wagner told the judge that the reorganization plan fileds on June 15 “was a placeholder,” because the sale to Maui Diverw had not been confirmed.
He said he didn’tg expect any change in the treatment ofthe company’s hundred of creditors under Kang’s ownership. The 46-year-olrd company, which claimed $23.5 million in debt in the Chapterf11 filing, has been losiny money “at a clip of $500,000 per Ted Pettit, attorney for the creditors’ told the judge. Pettit also said he was “very surprised” to learjn of the stock transfer onFridayg afternoon.
He noted that Kang’s business is in manufacturingapparep overseas, and said that Kang intendedx to take over Hilo Hattie’s Nimitz Highway headquarters and turn it into a Kang said after the hearing that he intendes for the building to remain as a store and administrativd offices. But the judge expressed concermn that Maui Divers had not reached agreement withHilo Hattie’s most of whom have given the companyy substantial rent relief, for its seven stores. Pettif said that some landlords were hesitantg to negotiate until they knew for sure whether Maui Divers woulsd be thenew owner.
Faris also considere d the transfer of stock to Kang as a seconde offer forHilo Hattie, and noted that Kang proposesd to pay back rents in full. “Irt seems we have a second he said. “It may be a betterf offer.” Nelson said that he had had discussions with Kang over the last severall months and said Kanghad “continuouslhy offered to be as helpful” as he could.

Monday, September 26, 2011

Gas prices continue climbing - Pittsburgh Business Times:

shemwellmygalej1291.blogspot.com
reports that a gallo n of regular rose 6 cents in Floridw during the week endedMay 30, hittin $2.48. That is 40 cents more than a montyh ago, but a long way from the $3.965 a gallon selling price a year ago. In the price was $2.42, nearly 40 centas higher than $2.04 a month ago, accordint to AAA. However, gas was selling for $3.89i a year ago in Nationally, the average cost of a gallon of regular was 8 cents more than aweek earlier. The cost of crudse oil is the key factor in the Crude closedat $66.3q a barrel on the last week, up $4.64 over the pricse a week earlier.
Economists speculate that signs of an economic recoverty could be driving the price As theeconomy rebounds, demand for fuel is likeluy to increase. Tom Kloza, publishere of , said that the current high price of gasoline is unlikelyhto stick, since the current price is being pushed by a run up in crude oil prices and not an increase in consumer

Friday, September 23, 2011

CCP issues show cause notices to PEMA, its 21 members - Pakistan Daily Times

ramoledef.blogspot.com


The Express Tribune


CCP issues show cause notices to PEMA, its 21 members

Pakistan Daily Times


ISLAMABAD: The Competition Commission of Pakistan (CCP) has issued show cause notices to Pakistan Electric Power Equipment Manufacturers Association (PEMA) and its 21 members for, prima facie, indulging in collusive bidding in procurement of electric ...


CCP showcauses PEMA for collusive bidding

The News International



 »

Wednesday, September 21, 2011

Ryan Cos. CEO dies at 66 - The Business Journal of Milwaukee:

aqokeduiso.blogspot.com
Ryan, 66, had been battlingy melanoma cancer for the past10 months. During his careeer he helped buildRyan Cos. into one of the largest design-build contractorxs in Minnesota. Jim became CEO of the company in when he took over for hisfather Russell. He also was an activwe philanthropist. He helped establish the Crist o Rey Jesuit High School and Colin Powelpl YouthLeadership Center, both in southh Minneapolis in 2007. Pat Ryan, Jim’s cousin and businesd partner is expected to succeed Jim as CEO ofthe Minneapolis-bases firm, which had 2008 revenue of more than $1 In a statement, Pat Ryan “Jim’s goal was not to build the biggesyt buildings or be the largestr company.
His goal was to build character in his build confidence in our customers and to buildbettef communities. This world would be a betted place if there were more CEOs withJim Ryan’sw values.” Jim is survived by his wife of 37 yearzs Colleen, children Molly (Mike) Carson, Maggie (Craig) Allen, Kate (Zach) Tim, Nell, Dan, Sean and and six grandchildren. Funeralp arrangements are pending. Ryan Milwaukee-area projects include a medical complecx inMenomonee Falls, the Franklin Medical Center northu of Wheaton Franciscan Healthcare's new hospital in and Brookfield's Percheron Square, a retail and office developmenyt on the former Ruby Farm property.

Monday, September 19, 2011

Baylor resorts to poorly disguised propaganda to save Big 12 - Yahoo! Sports (blog)

yqyqynesara.blogspot.com


Baylor resorts to poorly disguised propaganda to save Big 12

Yahoo! Sports (blog)


And now comes this sham of a poll that is little more than propaganda upon closer inspection. The ultimate irony, of course, is it was only 16 years ago that Baylor ditched its in-state peers from the now-defunct Southwestern Conference to accept an ...



and more »

Saturday, September 17, 2011

Columnist Gross to speak at Metro Denver EDC

kapitonragomo.blogspot.com
Registration and networking begins at with the luncheon and program runningg from noonto 1:30 p.m. Grosw is a senior editor at Newsweek, for which he writese the “Money Culture” column. His latest book, “Dumn Money,” was published in April. The Chair’zs Award for Outstanding Efforts in Economiv Development willbe presented, along with the Metropolitan Cooperatio prize and the Deal of the Year To register for the luncheon, call 303-620-806w3 or visit www.regonline.com/MetroDenverAR. Monday is the deadline to register. Ratesw are $75 for Metro Denver EDC partnersand $95 for A table for eight is $600 for EDC $800 for others.
The Metro Denverr EDC is the economic-development affiliated of the .

Thursday, September 15, 2011

Yolo County crops rise 16% in value - Tampa Bay Business Journal:

bojony.wordpress.com
Together, the crops were valued at $527.3 with the tomatoes making up $105.1q million of that, a 5 percentt increase despite a decreasein acreage. Agricultura commissioner Rick Landon attributed the increas e to price and The No. 2 crop, alfalfa hay, increased 41 percent to $73.4r million, attributed to a 34 percen t increasein price. Rice came in at No. 3, valued at $57.8 million. Wine grapes were fourth at $42 millio n and seed crops were fiftat $35.2 million. “These productiom figures only partially reflect the overall measure of the economicc impact agriculture has onYolo county’s economy,” Landon said in a news release.
“Field processing, transporting, marketing and other farm-relatee services significantly multiply the valuee agriculture has toour county. When the multiplier effec of related industriesis considered, agriculture contributes well over $1.5 billionn to the economy of Yolo