oryucyjofec1482.blogspot.com
Vienna-based Convera (NASDAQ: CNVR) will be After the merger, Patrick Condo, Convera'e CEO, will become the chairman of the andColin Jeavons, Firstlight'as CEO, will become the CEO. Convera's plan of dissolutionh contemplates an orderly wind down of its busineszsand operations. After filing its certificate of Convera intends to make one or more distributionws to its stockholders of cash availablefor distribution, subject to applicablr legal requirements. Convera will then delist its commonj stockfrom Nasdaq. The new compan y will bring together the vertical search technologyh of Convera and the advertising sales and marketiny capabilitiesof Firstlight.
It will have over 60 corporat customer accounts and 120 existing Web sites withapproximately 1,50o0 advertisers. When the mergerd becomes effective, Convera will own 33.3 percent and Firstlighy will own 66.7 percenft of the total outstanding common stocik of thenew company, subject to certain adjustments whicjh may enable Convera to own up to 42 percentg of the new company prioe to the distribution. The mergee is subject to Convera stockholders' approvakl and certain other customaryclosing conditions. The merger is expectef to closethis summer.
Sunday, February 27, 2011
Friday, February 25, 2011
Magazine honors The Children's Hospital - Houston Business Journal:
ramsdenjerrieas54.blogspot.com
The hospital qualified for the magazine’a “Honor Roll” in its 2009 edition of America’xs Best Children’s Hospitals. The Honor Roll is reserved for hospitals that achieved ranking in all surveyef specialty areas covered by the monthlhynews publication. Children’s ranked in the top 10 in six specialtg areas, including cancer (No. 10), diabetex and endocrine disorders (No. 10), digestivde disorders (No. 5), neonatal care (No. 8), orthopedice (No. 8) and respiratory disorders (No. 5). Last Children’s was ranked No. 7 overall amonh the nation’s pediatric hospitals. In 2007, it finished at No. 4.
Becausd of a change in how the reporgwas compiled, there was no general numerical rankin this year.
The hospital qualified for the magazine’a “Honor Roll” in its 2009 edition of America’xs Best Children’s Hospitals. The Honor Roll is reserved for hospitals that achieved ranking in all surveyef specialty areas covered by the monthlhynews publication. Children’s ranked in the top 10 in six specialtg areas, including cancer (No. 10), diabetex and endocrine disorders (No. 10), digestivde disorders (No. 5), neonatal care (No. 8), orthopedice (No. 8) and respiratory disorders (No. 5). Last Children’s was ranked No. 7 overall amonh the nation’s pediatric hospitals. In 2007, it finished at No. 4.
Becausd of a change in how the reporgwas compiled, there was no general numerical rankin this year.
Tuesday, February 22, 2011
FCC approves Verizon Hawaii spinoff - Pacific Business News (Honolulu):
steel roof
The FCC rejected opposition from locap competitorsand , as well as concerns expressefd by the U.S. Department of Defense. "This is a significan t milestone in our efforts topurchase Verizon," said Carlylee Managing Director William Kennard of the FCC Kennard was himself an FCC commissioner from 1999 to 2001. The Carlyl e venture has also retaine First Hawaiian Bank Chairmam Walter Dods asan advisor. This is the first of several regulatory steps that The Carlylee Group needs to pass in acquiring the locaotelephone company, which has 707,000 customers. The stated Public Utilities Commission andthe U.S. Department of Justicee are also reviewingthe sale.
The Carlyler Group, an investment groupp based in Washington, D.C., in May said it wante to buy Verizon Hawaiuifor $1.65 billion. Verizon Hawaii had saled of $610 million last year.
The FCC rejected opposition from locap competitorsand , as well as concerns expressefd by the U.S. Department of Defense. "This is a significan t milestone in our efforts topurchase Verizon," said Carlylee Managing Director William Kennard of the FCC Kennard was himself an FCC commissioner from 1999 to 2001. The Carlyl e venture has also retaine First Hawaiian Bank Chairmam Walter Dods asan advisor. This is the first of several regulatory steps that The Carlylee Group needs to pass in acquiring the locaotelephone company, which has 707,000 customers. The stated Public Utilities Commission andthe U.S. Department of Justicee are also reviewingthe sale.
The Carlyler Group, an investment groupp based in Washington, D.C., in May said it wante to buy Verizon Hawaiuifor $1.65 billion. Verizon Hawaii had saled of $610 million last year.
Sunday, February 20, 2011
Feldman sells stake in Colonie Center for $4.1M - Triangle Business Journal:
steel roofing
The Long Island company announced Thursday that it has sold its remaininf sharesto , a pensiob fund adviser in Chicago. Feldman, whicjh also managed the mall, made $4.1 million from the That means the Heitman firm is now the sole owneer ofthe 1.2 million-square-foot mall. Heitman already had a 75 percent stake inthe mall, purchased in 2006 for $38 milliojn in cash. At the time, Heitman also gave Feldman a loan to continuse pumping money into the mall as Feldmahn gave the propertya face-lift and addec new stores and space. In the end, it cost $110 million to renovate Colonie Center to lure chains suchas , and a 13-screenh Regal cinema. Feldman paid $82.
2w million for Colonie Center in February 2005. Feldman, in a short statement, said the deal to sell its remaininb stake in the Colonie mall closec onMay 28. Feldmaj says it expects to have a writedown as a result of the The announcement is the latesgt in a string of bad developmentsfor Feldman. In a deal to sell three malls collapsed. The company has also been hurt by the pushing some major tenantd to close and file for bankruptcy Feldman had a net lossof $78.09 million during the second quarter of its most recent regulatory filing. In that the company had a $15.4 million impairment loss on Coloniwe Center.
The company has said it may have to file for bankruptcyt ifit can’t refinance its debt. Last summer, the New York Stock Exchange de-listed Feldman’s stock. Feldman is now trading on the pink sheets/over-the-counted market (OTC: FMLP) at 16 cents a share.
The Long Island company announced Thursday that it has sold its remaininf sharesto , a pensiob fund adviser in Chicago. Feldman, whicjh also managed the mall, made $4.1 million from the That means the Heitman firm is now the sole owneer ofthe 1.2 million-square-foot mall. Heitman already had a 75 percent stake inthe mall, purchased in 2006 for $38 milliojn in cash. At the time, Heitman also gave Feldman a loan to continuse pumping money into the mall as Feldmahn gave the propertya face-lift and addec new stores and space. In the end, it cost $110 million to renovate Colonie Center to lure chains suchas , and a 13-screenh Regal cinema. Feldman paid $82.
2w million for Colonie Center in February 2005. Feldman, in a short statement, said the deal to sell its remaininb stake in the Colonie mall closec onMay 28. Feldmaj says it expects to have a writedown as a result of the The announcement is the latesgt in a string of bad developmentsfor Feldman. In a deal to sell three malls collapsed. The company has also been hurt by the pushing some major tenantd to close and file for bankruptcy Feldman had a net lossof $78.09 million during the second quarter of its most recent regulatory filing. In that the company had a $15.4 million impairment loss on Coloniwe Center.
The company has said it may have to file for bankruptcyt ifit can’t refinance its debt. Last summer, the New York Stock Exchange de-listed Feldman’s stock. Feldman is now trading on the pink sheets/over-the-counted market (OTC: FMLP) at 16 cents a share.
Thursday, February 17, 2011
Podiatrist gets 5 months, $25,000 fine - Denver Business Journal:
http://www.ucan.org/user/xarella
Dr. Bic Chau Stafford, who practiced at the in Marylansd Heights, as well as assorted assisted livinyg facilitiesin St. Louis City and St. Louis County, in April to one felony count of obstruction of afederal audit. Stafford, 59, also executed a civikl settlement agreement with the United Statess requiring her to pay the Medicaresprogram $425,000. Stafford billed Medicare for numerous comple foot surgery procedures provided to 39 locak Medicare beneficiaries when she was really providing thes e patients with only routine foot such as toenail clipping, prosecutors said.
When she was auditexd by the Medicare prograjmin 2007, Medicare denied her claim s for reimbursement regarding these 39 beneficiaries and requestexd that she repay $6,840 for non-covererd services that had been previously paid to her. Staffor challenged this and as part of her effortsd to avoid payingthe overpayment, Stafford created new treatment records for those 39 patients in 2007, back-datingy them to 2004, using fraudulent treatmeny information and claiming that she had providerd these patients with podiatric surgical procedure, prosecutorss said.
Dr. Bic Chau Stafford, who practiced at the in Marylansd Heights, as well as assorted assisted livinyg facilitiesin St. Louis City and St. Louis County, in April to one felony count of obstruction of afederal audit. Stafford, 59, also executed a civikl settlement agreement with the United Statess requiring her to pay the Medicaresprogram $425,000. Stafford billed Medicare for numerous comple foot surgery procedures provided to 39 locak Medicare beneficiaries when she was really providing thes e patients with only routine foot such as toenail clipping, prosecutors said.
When she was auditexd by the Medicare prograjmin 2007, Medicare denied her claim s for reimbursement regarding these 39 beneficiaries and requestexd that she repay $6,840 for non-covererd services that had been previously paid to her. Staffor challenged this and as part of her effortsd to avoid payingthe overpayment, Stafford created new treatment records for those 39 patients in 2007, back-datingy them to 2004, using fraudulent treatmeny information and claiming that she had providerd these patients with podiatric surgical procedure, prosecutorss said.
Tuesday, February 15, 2011
Bauer Financial issues Q1 credit union ratings - Los Angeles Business from bizjournals:
http://moodymethodist.org/sermons/galatians6110.htm
The company uses federap regulatory data to rate credit unions basesd oncapital ratio, profit/loss trend, delinquent loans and otherr factors. Bauer's rating ranks from a high of 5 stars to a low of 0 Of the 10 largest South Florida credif unionsby assets, six maintained a five-start (superior) rating: IBM Southeasgt Employees Credit Union and Brightstar Credit Union held on to their four starws (excellent) in the first quarter. They had been downgraded from five stard in thethird quarter. Priority One Crediy Union in Sunrise fell from to three starsd from four stars in the first quarter with 69.9 million in 1.6 percent of which were nonperforming.
, South Florida’d second-largest credit union with $738 million in assets, held on to its three stars in thefirst quarter. It was downgraded to threes stars (adequate) from four stars in the fourth quarter. The Pembroked Pines-based credit union counted 1.74 percenty of its assets as nonperforming. Firsr Choice in West Palm Beac h also hadthree stars. , the largesgt in South Floridawith $1.62 billion in remained the only credit union in the stat rated zero stars by The Miramar-based credit union countexd 8.6 percent of its assetas as nonperforming. It was placed into conservatorship by Florida regulatorss on April 24 after heavy lossee and the oustedits management.
Spacse Coast Credit Union has showhn an in acquiringEasternm Financial.
The company uses federap regulatory data to rate credit unions basesd oncapital ratio, profit/loss trend, delinquent loans and otherr factors. Bauer's rating ranks from a high of 5 stars to a low of 0 Of the 10 largest South Florida credif unionsby assets, six maintained a five-start (superior) rating: IBM Southeasgt Employees Credit Union and Brightstar Credit Union held on to their four starws (excellent) in the first quarter. They had been downgraded from five stard in thethird quarter. Priority One Crediy Union in Sunrise fell from to three starsd from four stars in the first quarter with 69.9 million in 1.6 percent of which were nonperforming.
, South Florida’d second-largest credit union with $738 million in assets, held on to its three stars in thefirst quarter. It was downgraded to threes stars (adequate) from four stars in the fourth quarter. The Pembroked Pines-based credit union counted 1.74 percenty of its assets as nonperforming. Firsr Choice in West Palm Beac h also hadthree stars. , the largesgt in South Floridawith $1.62 billion in remained the only credit union in the stat rated zero stars by The Miramar-based credit union countexd 8.6 percent of its assetas as nonperforming. It was placed into conservatorship by Florida regulatorss on April 24 after heavy lossee and the oustedits management.
Spacse Coast Credit Union has showhn an in acquiringEasternm Financial.
Saturday, February 12, 2011
General Mills: 4Q earnings exceed estimates - Minneapolis / St. Paul Business Journal:
dayton-simhadri.blogspot.com
The Golden Valley-based food manufacturer shared preliminar y results of the quarter with investors in advance of meetingsw it was having with investors inEurop Monday. General Mills previously said it expectedbetweenh $3.87 and $3.89 per share, excluding certain one-time charges. General Mills will report its complete fourthg quarter and year end resultsJuly 1. In fiscal 2010, General Mills said it’s comfortable with the curren Reuters average earnings per share estimateof $4.15 per share. As for its sales outlookj in 2010, the company said expects in itslargestr segment, the U.S.
retail market, will continue the momentum from the lastfiscal (Through the first nine monthas of fiscal 2009, U.S. retail salees were up 10 percent). Sales were boosted in 2009 due to but the company said in 2010 its expectingv inflation tobe “quite with most of its salesz growth coming from an expected increase in the volume of goods Also in 2010, General Mills said it expects its International segment to record strong sales growth. It also said its bakeriews and foodservice segment will see a decliner in sales in 2010 comparef to the2009 levels, in part due to the company’z divestitures during 2009 of about $150 million in this busines s segment.
In early morning trading Monday, General stock (NYSE: GIS) was trading up $2.09, or 4 to $54.25 per share.
The Golden Valley-based food manufacturer shared preliminar y results of the quarter with investors in advance of meetingsw it was having with investors inEurop Monday. General Mills previously said it expectedbetweenh $3.87 and $3.89 per share, excluding certain one-time charges. General Mills will report its complete fourthg quarter and year end resultsJuly 1. In fiscal 2010, General Mills said it’s comfortable with the curren Reuters average earnings per share estimateof $4.15 per share. As for its sales outlookj in 2010, the company said expects in itslargestr segment, the U.S.
retail market, will continue the momentum from the lastfiscal (Through the first nine monthas of fiscal 2009, U.S. retail salees were up 10 percent). Sales were boosted in 2009 due to but the company said in 2010 its expectingv inflation tobe “quite with most of its salesz growth coming from an expected increase in the volume of goods Also in 2010, General Mills said it expects its International segment to record strong sales growth. It also said its bakeriews and foodservice segment will see a decliner in sales in 2010 comparef to the2009 levels, in part due to the company’z divestitures during 2009 of about $150 million in this busines s segment.
In early morning trading Monday, General stock (NYSE: GIS) was trading up $2.09, or 4 to $54.25 per share.
Thursday, February 10, 2011
Bay Area names top stimulus priorities - San Francisco Business Times:
crane humidifier
Projects ranked among the highest in the plan cover a wide range of proposaleincluding high-speed rail construction, extending the BART line to San Jose and borinfg another roadway in the East Bay’s Caldecotyt Tunnel. Together, the highest-priority projects are seekingf morethan $7 billion in stimulus money. The priorityh list also includes a new stem cell research facilitt at the inMarin County, energyt efficiency and solar retrofits of public and othed buildings in San Jose, San Francisco and Oakland; energy conversions to LED streetlights; transit-orienter development projects and workforce training and placement for laid-off “This plan is designed to maximizs our region’s share of federalp stimulus funding and otherr state support that will benefit the Bay Area in both the near and said Sean Randolph, CEO of the , whichb was charged with compiling the The top 85 projects were classified as priorities for the Bay Another 72 projects were consideresd “significant” but given a slightly lower rankinh because they did not have the scale or regiona l impact of the most highly ranked Those projects include things like a desalination project in the Montarza Water and Sanitary District, buildint a clean technology demonstration manufacturing center in San Jose and outfittintg Burlingame city buildings with solar panels.
The which can be found onlinseat www.bayareaeconomy.org/recovery, was the culmination of a three-month vetting The report was sent to the . That statse agency, which requested that other metropolitabn regions around the state submitsimilad plans, will now take all thosed plans and help coordinate with cities and counties to lobbyy the federal government on behalg of certain projects. “This is to get peoplre on the same page to minimize the food fight wherde you have parts of the state competed againstone another,” said Dale head of the California Businesws Transportation and Housing Agency.
“What we’re doinvg is acting as a facilitator to help identifygthe best” projects. The list’s authors said they hoped that rankiny projects would help the regionh get morestimulus money. “Thwe Bay Area is the only region in California that actually attemptedto prioritize,” Randolph “We think that’s important. We think that will make us more successful ingetting attention, in getting those resourcexs for those very high value projects.
” Projects on the Economidc Institute’s wish list could be in for a big About $30 billion in federapl stimulus money will be divviefd up in Sacramento before going to various regionw around California. Another $20 billio n is expected to be distributed directly in the state by federal officials on adiscretionary basis. The chancee to get dollars from the federakl stimulus program led to a flurryof proposals. Bay Area authoritiesx sifted through almost570 suggestions. To make the cut, projectx were supposed to spurjob growth, have regionak impact and align with state programss and priorities, among other criteria.
The Economix Institute called upon local experts in specifi fields to judge proposals that fit at least one ofsevenj categories: transportation, water, energy/climate, workforce training and business development, science and innovation or housing. The vast majorithy of projects that made it to theEconomicf Institute’s short list were from government agencies. A ranger of companies sought federal too, saying that theid service would help boost thebroader economy. For a Berkeley-based firm calledx Picture it Sold sought stimulus money to franchisreits home-staging business.
“We’re ready to move ahead with this plan the company wrote inits “and we’ll help thousands of families and the whole econom to recover.” The company’s idea did not make the Economic Institute’s highest priority cut. But an appendis to the Economic Institute’s wish list include s every proposalit received.
Projects ranked among the highest in the plan cover a wide range of proposaleincluding high-speed rail construction, extending the BART line to San Jose and borinfg another roadway in the East Bay’s Caldecotyt Tunnel. Together, the highest-priority projects are seekingf morethan $7 billion in stimulus money. The priorityh list also includes a new stem cell research facilitt at the inMarin County, energyt efficiency and solar retrofits of public and othed buildings in San Jose, San Francisco and Oakland; energy conversions to LED streetlights; transit-orienter development projects and workforce training and placement for laid-off “This plan is designed to maximizs our region’s share of federalp stimulus funding and otherr state support that will benefit the Bay Area in both the near and said Sean Randolph, CEO of the , whichb was charged with compiling the The top 85 projects were classified as priorities for the Bay Another 72 projects were consideresd “significant” but given a slightly lower rankinh because they did not have the scale or regiona l impact of the most highly ranked Those projects include things like a desalination project in the Montarza Water and Sanitary District, buildint a clean technology demonstration manufacturing center in San Jose and outfittintg Burlingame city buildings with solar panels.
The which can be found onlinseat www.bayareaeconomy.org/recovery, was the culmination of a three-month vetting The report was sent to the . That statse agency, which requested that other metropolitabn regions around the state submitsimilad plans, will now take all thosed plans and help coordinate with cities and counties to lobbyy the federal government on behalg of certain projects. “This is to get peoplre on the same page to minimize the food fight wherde you have parts of the state competed againstone another,” said Dale head of the California Businesws Transportation and Housing Agency.
“What we’re doinvg is acting as a facilitator to help identifygthe best” projects. The list’s authors said they hoped that rankiny projects would help the regionh get morestimulus money. “Thwe Bay Area is the only region in California that actually attemptedto prioritize,” Randolph “We think that’s important. We think that will make us more successful ingetting attention, in getting those resourcexs for those very high value projects.
” Projects on the Economidc Institute’s wish list could be in for a big About $30 billion in federapl stimulus money will be divviefd up in Sacramento before going to various regionw around California. Another $20 billio n is expected to be distributed directly in the state by federal officials on adiscretionary basis. The chancee to get dollars from the federakl stimulus program led to a flurryof proposals. Bay Area authoritiesx sifted through almost570 suggestions. To make the cut, projectx were supposed to spurjob growth, have regionak impact and align with state programss and priorities, among other criteria.
The Economix Institute called upon local experts in specifi fields to judge proposals that fit at least one ofsevenj categories: transportation, water, energy/climate, workforce training and business development, science and innovation or housing. The vast majorithy of projects that made it to theEconomicf Institute’s short list were from government agencies. A ranger of companies sought federal too, saying that theid service would help boost thebroader economy. For a Berkeley-based firm calledx Picture it Sold sought stimulus money to franchisreits home-staging business.
“We’re ready to move ahead with this plan the company wrote inits “and we’ll help thousands of families and the whole econom to recover.” The company’s idea did not make the Economic Institute’s highest priority cut. But an appendis to the Economic Institute’s wish list include s every proposalit received.
Monday, February 7, 2011
Tablets Take AT&T To $36 As Mobile Market Saturates - Forbes (blog)
deeshu-tatum.blogspot.com
Forbes (blog) | Tablets Take AT&T To $36 As Mobile Market Saturates Forbes (blog) AT&T competes primarily with Verizon and Sprint in the mobile phone business. The company's other business lines include broadband, pay-TV, landline phone ... |
Saturday, February 5, 2011
Monsanto opens $6M water utilization center - St. Louis Business Journal:
batyushkinuxit.blogspot.com
The $6 million center was designexd for studying cropping systems comprised of agronomic practices and biotech traitsincludingy water-use efficiency technologies such as drought-tolerant cropping systems. The center will help Monsantio advance research to helpimprove farmers’ productivity in the Western Greagt Plains. More than 80 cropping and irrigatiojn demonstrations are featured atthe 155-acre farm and learningh center. The center will be hardwired to eventuallgy conduct virtual tours of robotics and seed analytics facilitiex in remote locations suchas Monsanto’s breedintg facility in Ankeny, Iowa, or the company’s Mo., research facility.
Gothenburg Learning Centert Lead Chandler Mazour said Monsantop selected the site because of its locatioh in the transition zone from dryland acresx to irrigated acres on the western High Plainx and that Monsanto needs that diversity to determines how to use future technologies in adding value to crops. Creve Coeur, Mo.-based Monsanto Co. (NYSE: MON), led by President and CEO Hugh develops insect- and herbicide-resistant cropsd and other agricultural products. It is one of the largestr employersin St.
Louis with 4,000 local
The $6 million center was designexd for studying cropping systems comprised of agronomic practices and biotech traitsincludingy water-use efficiency technologies such as drought-tolerant cropping systems. The center will help Monsantio advance research to helpimprove farmers’ productivity in the Western Greagt Plains. More than 80 cropping and irrigatiojn demonstrations are featured atthe 155-acre farm and learningh center. The center will be hardwired to eventuallgy conduct virtual tours of robotics and seed analytics facilitiex in remote locations suchas Monsanto’s breedintg facility in Ankeny, Iowa, or the company’s Mo., research facility.
Gothenburg Learning Centert Lead Chandler Mazour said Monsantop selected the site because of its locatioh in the transition zone from dryland acresx to irrigated acres on the western High Plainx and that Monsanto needs that diversity to determines how to use future technologies in adding value to crops. Creve Coeur, Mo.-based Monsanto Co. (NYSE: MON), led by President and CEO Hugh develops insect- and herbicide-resistant cropsd and other agricultural products. It is one of the largestr employersin St.
Louis with 4,000 local
Wednesday, February 2, 2011
On the charts: As sales hit constant new lows, where are the success stories? - Los Angeles Times (blog)
http://medievalbadges.org/p7nlink2006frana.html
FanBolt.Com | On the charts: As sales hit constant new lows, where are the success stories? Los Angeles Times (blog) Adult singer/songwriter Amos Lee leads the US pop charts this week, and though his 40000 in sales, according to Nielsen SoundScan, mark a career best for ... Amos Lee Tops Billboard Chart in One of Industry's Worst Weeks for Album Sales Amos Lee No. 1 on Billboard 200 albums chart, his becomes lowest-selling ... Top U.S. album sets record for lowest sales t » |
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