Hypocrisy on Parade: Delta's Wink And Nod To Saudi's Apartheid;'Audacity of ... Huffington Post (blog) Now, Delta Airlines has added Saudi Arabian Airlines to its SkyTeam Alliance of corporate partners. By extension, this puts Delta Airlines in a position to facilitate the Saudi ban on Jews, holders of Israeli passports and anyone who even has an ... |
Wednesday, June 29, 2011
Hypocrisy on Parade: Delta's Wink And Nod To Saudi's Apartheid;'Audacity of ... - Huffington Post (blog)
edovogopu.wordpress.com
Monday, June 27, 2011
Glen Burnie Bancorp management authorizes stock buyback - Baltimore Business Journal:
ntoifuisa.blogspot.com
The purchases can be made in theopen market, and at timesd and amounts deemed appropriate by the bank's officials said in a news release. Companiews often buy back shares in hopes of boosting their stock price, or to demonstrate that the best way to spend thei r cash in the current market is on theitr own stock. "At its currentf level, we consider Glen Burnise Bancorp's common stock to be said CEOMichael G. Livingston. "Th board is sensitive to this issue and we will conside r repurchases of shares atappropriate intervals." Glen Burnie Bancoro stock, which is thinly traded, have lost around a thirds of their value within the last year.
An averagre of 1,000 shares of the bank's stock is tradexd a day. The bank' stock is currently trading at $10.25 a share. Glen Burniew Bancorp (NASDAQ: GLBZ) is the parent company of the . The bank operate eight branches throughout Anne Arundel County andhas $307 million in assets.
The purchases can be made in theopen market, and at timesd and amounts deemed appropriate by the bank's officials said in a news release. Companiews often buy back shares in hopes of boosting their stock price, or to demonstrate that the best way to spend thei r cash in the current market is on theitr own stock. "At its currentf level, we consider Glen Burnise Bancorp's common stock to be said CEOMichael G. Livingston. "Th board is sensitive to this issue and we will conside r repurchases of shares atappropriate intervals." Glen Burnie Bancoro stock, which is thinly traded, have lost around a thirds of their value within the last year.
An averagre of 1,000 shares of the bank's stock is tradexd a day. The bank' stock is currently trading at $10.25 a share. Glen Burniew Bancorp (NASDAQ: GLBZ) is the parent company of the . The bank operate eight branches throughout Anne Arundel County andhas $307 million in assets.
Saturday, June 25, 2011
Bill aimed at TSA's searches in trouble - Fort Worth Star Telegram
aryrej.wordpress.com
Austin American-Statesman | Bill aimed at TSA's searches in trouble Fort Worth Star Telegram AUSTIN -- A bill to prohibit intrusive airport pat-downs appeared in jeopardy Friday after House Speaker Joe Straus denounced it as a "publicity stunt" and said it will not be brought to the House floor in its present form. ... House speaker c » |
Thursday, June 23, 2011
Pension bill may not be enough, some say | Philadelphia Inquirer | 2011-06-23 - Philadelphia Inquirer
uzirukynurylew.blogspot.com
Central Florida News 13 | Pension bill may not be enough, some say | Philadelphia Inquirer | 2011-06-23 Philadelphia Inquirer If New Jersey makes no changes to its troubled pension system, every household in the state would have to pay an extra $2475 in taxes a year for three decades to fully restore the fund, according to a study released this week. ..! . Pension and Health Care Reform Bill Heads to Assembly "Second Battle of Trenton": Gov. Christie vs. Public Workers Christie Wins on Pension, Health Benefits Reform |
Monday, June 20, 2011
Consultant wants Seagate research space put back to work - Pittsburgh Business Times:
adatynu.wordpress.com
Gary Rosensteel, principal at Peters Township-baseds , said the building’s clean labs and location make it ideal for lifescience companies. But Seagate announced last September that it was movinhg out ofthe building, raisiny questions about the future of the “Once it’s gone, it’s gone for good,” said whose company advises startups. “We’ll nevetr replicate that facility in our Rosensteel said his interest is simply in preserving what he sees as aregional asset.
The buildint would work for several biotech companies or academicresearchg centers, Rosensteel said, including the Universith of Pittsburgh Medical Center, which is seekingt federal funding for a vaccine manufacturing facility. Carnegie Mellon, Duquesne and Pitt universitiesx have expressed interest in the facilityy inpreliminary discussions, Rosensteel said, and he’s planninf to meet with the Universith of Pittsburgh Medical Center. No deals have been UPMC has declined to discuss specifics ofits $830 million facility, which will make vaccines for biological, chemicakl and radiological threats.
“What they have therer is a unique asset,” said Marc Malandro, associatde vice chancellor for technology managementand “It seems a shame to dismantle it for more office Pitt was still assessing possible uses for the he said. The building was equipped for electronicsw manufacturingand testing, but it could be adapted to otheer uses, according to Deric Haddad, CEO of Southj Side-based LLC, who recently toured the five-story building. HWI specializess in building and maintaining clean rooms that are used in hospitals andresearchn centers. (See story, page 21) “It’es a gem for the Pittsburgh mint condition,” Haddad said.
“A significant amount of work would have to be done to make it but it does have The cost of converting parts or all the building to life sciencer uses will depend on specific needssof tenants, Haddad said. Scottx Valley, Calif.-based moved semi-conductot research functions into the buildinhgin 2001, which employed about 160 people. Althoughy test stations, measuring and other equipmeny were scheduled for auctionJune 3, the clean rooms and high-performance ventilationn equipment remain. The Buncher Co. built the facility for Seagatsein 2001.
“It’s really a world-clasws facility,” said Randall McCombs, executive vice president and managingb directorof Downtown-based GVA Oxford, which is handlingv subleasing arrangements. Although Seagate has absorbed the facility’s research operations into othef sites, the building’s lease extends throughg 2017. So far, most of the interest has been fromregiona companies, although the building would work for national or internationa manufacturing companies, he said.
The region has a thrivingt biotech industry, comprising hundreds of biotech companies, according to John president and CEO ofthe , a Hazelwood-based nonprofit that helpds fledgling businesses with funding and other services. Among the bettet known are Strip District-based and , whichg has offices on the South Side. But most of the companiese are small, with matching space Manzetti said. The biggest company in the incubatodruses 2,000 square feet of space; the Seagatde building is 200,000 square The Seagate building woul not be a good fit for companiesa that have an average of 10 “The solution for that building is a bigger organization tryinh to build a presence in a growing area,” Manzetti “It would take a big organization to take over that
Gary Rosensteel, principal at Peters Township-baseds , said the building’s clean labs and location make it ideal for lifescience companies. But Seagate announced last September that it was movinhg out ofthe building, raisiny questions about the future of the “Once it’s gone, it’s gone for good,” said whose company advises startups. “We’ll nevetr replicate that facility in our Rosensteel said his interest is simply in preserving what he sees as aregional asset.
The buildint would work for several biotech companies or academicresearchg centers, Rosensteel said, including the Universith of Pittsburgh Medical Center, which is seekingt federal funding for a vaccine manufacturing facility. Carnegie Mellon, Duquesne and Pitt universitiesx have expressed interest in the facilityy inpreliminary discussions, Rosensteel said, and he’s planninf to meet with the Universith of Pittsburgh Medical Center. No deals have been UPMC has declined to discuss specifics ofits $830 million facility, which will make vaccines for biological, chemicakl and radiological threats.
“What they have therer is a unique asset,” said Marc Malandro, associatde vice chancellor for technology managementand “It seems a shame to dismantle it for more office Pitt was still assessing possible uses for the he said. The building was equipped for electronicsw manufacturingand testing, but it could be adapted to otheer uses, according to Deric Haddad, CEO of Southj Side-based LLC, who recently toured the five-story building. HWI specializess in building and maintaining clean rooms that are used in hospitals andresearchn centers. (See story, page 21) “It’es a gem for the Pittsburgh mint condition,” Haddad said.
“A significant amount of work would have to be done to make it but it does have The cost of converting parts or all the building to life sciencer uses will depend on specific needssof tenants, Haddad said. Scottx Valley, Calif.-based moved semi-conductot research functions into the buildinhgin 2001, which employed about 160 people. Althoughy test stations, measuring and other equipmeny were scheduled for auctionJune 3, the clean rooms and high-performance ventilationn equipment remain. The Buncher Co. built the facility for Seagatsein 2001.
“It’s really a world-clasws facility,” said Randall McCombs, executive vice president and managingb directorof Downtown-based GVA Oxford, which is handlingv subleasing arrangements. Although Seagate has absorbed the facility’s research operations into othef sites, the building’s lease extends throughg 2017. So far, most of the interest has been fromregiona companies, although the building would work for national or internationa manufacturing companies, he said.
The region has a thrivingt biotech industry, comprising hundreds of biotech companies, according to John president and CEO ofthe , a Hazelwood-based nonprofit that helpds fledgling businesses with funding and other services. Among the bettet known are Strip District-based and , whichg has offices on the South Side. But most of the companiese are small, with matching space Manzetti said. The biggest company in the incubatodruses 2,000 square feet of space; the Seagatde building is 200,000 square The Seagate building woul not be a good fit for companiesa that have an average of 10 “The solution for that building is a bigger organization tryinh to build a presence in a growing area,” Manzetti “It would take a big organization to take over that
Saturday, June 18, 2011
BofA, Wells to accept California IOUs - Kansas City Business Journal:
http://www.princeville.com/store/product.php?productid=16234
BofA says the state’s budget crisis prompted its decision. “Tlo support our customers, while giving the state legislature additiona time to pass a we will acceptCalifornia state-registered warrants or IOUs — from existingh customers and clients,” Charlotte-based BofA (NYSE:BAC) says in a writtehn statement. San Francisco-based Wellsd (NYSE:WFC) says it is accepting the warrantas for the sake ofits customers. "Wre are reluctant to take this but are doing so to help our customers who are not at faul t and with the expectation that the legislaturer and governor will complete the budgetwithih days," Wells says. On Wednesday, Gov.
Arnold Schwarzeneggere blasted state lawmakers for failing to pluga $24 billiojn hole in the statre budget before the start of the new fiscalo year. And he called a special session of the state legislaturr to fix thebudget mess. Failurd to pass a budget by midnight Tuesdaty increases the shortfall to morethan $26 billio due to the loss of education-related budget Schwarzenegger said at a press conference He also announced an executivr order adding a third furlough day each monthh for state workers, a move expectedx to free up an additionapl $425 million in the new fiscal Although the governor called for the specialk session, it is up to the legislature to schedule it.
When it will be held is yet tobe
BofA says the state’s budget crisis prompted its decision. “Tlo support our customers, while giving the state legislature additiona time to pass a we will acceptCalifornia state-registered warrants or IOUs — from existingh customers and clients,” Charlotte-based BofA (NYSE:BAC) says in a writtehn statement. San Francisco-based Wellsd (NYSE:WFC) says it is accepting the warrantas for the sake ofits customers. "Wre are reluctant to take this but are doing so to help our customers who are not at faul t and with the expectation that the legislaturer and governor will complete the budgetwithih days," Wells says. On Wednesday, Gov.
Arnold Schwarzeneggere blasted state lawmakers for failing to pluga $24 billiojn hole in the statre budget before the start of the new fiscalo year. And he called a special session of the state legislaturr to fix thebudget mess. Failurd to pass a budget by midnight Tuesdaty increases the shortfall to morethan $26 billio due to the loss of education-related budget Schwarzenegger said at a press conference He also announced an executivr order adding a third furlough day each monthh for state workers, a move expectedx to free up an additionapl $425 million in the new fiscal Although the governor called for the specialk session, it is up to the legislature to schedule it.
When it will be held is yet tobe
Thursday, June 16, 2011
Tina Montgomery and Jennifer Hanseler
inokyfyli.blogspot.com
Now they deliver fish. Their Seattle compan y Surfin’ Seafood isn’t large, but it has struck a chors among upscale consumers willing to pay a littlr morefor high-end seafood that has been flash-frozeh to stay fresh, and that is deliverefd to their doors. Aftere gradual but steady growth, Surfin’ Seafood now has abouy 1,200 customers, in an area ranging from Federal Wayto Everett. Revenuse reached $250,000 last year and continuews to grow, although the customer count has hit a With an eye to familylife (both are marries and have two children Montgomery and Hanseler have carefully set boundariesd so that their business can be worked around theif children’s school and athletic schedules, and eveningsx at home.
For instance they don’t take phond orders, but only over the internet. And they deliver only once driving their family minivans to deliver selectionx of frozen fish packed in blue plastic coolers that look like big The company has avoided debt and has only modestgrowth plans. we don’t want to be huge. We’re going to take it as it We have been on a very steadygrowtg path, consistently from the very beginning,” Montgomery said.
“Wde don’t want to have venture capital fundinyg to become this hugenationwide (leader) in One of the company’s chief selliny points is seafood that is frozen quicklyg to keep it as fresh as So-called fresh seafood often has perched on a pile of ice for and in these conditionsw seafood rapidly declines in quality. Seafood doesn’tt age well like beef does, and frozeh seafood is not a step down from as it iswith produce. “A lot is frozejn at sea, or within hours of and it capturesthat just-caught flavor,” said Linda assistant retail director for the , basedc in Juneau.
Surfin’ Seafood isn’gt exactly cheap; the “mini” package costs $110 a month for about eight pounds ofassorted salmon, halibut, sole and tuna. The company avoids lower-end seafooxd products (no fish stickzs here), and allows people to substitutwe in their ordersby email. One recession-era tren d the company is tapping is that consumers are movingt awayfrom white-tablecloth restaurants — where most high-quality seafoocd is eaten — to eating at home. “I just thinkj people are eating athome more, and they want to make it easy to have high-qualituy ingredients at home, so they can eat at home more Montgomery said.
“This is a way to have restauranftquality fish, at home.” While the companyy employs only the two partners and sometime a helper, and sometimes theitr children, a key to making it work is the Southj Seattle seafood packer Seafood uses T.H. Seafood freezere to store its seafood, and also contracts out the cuttingy and packing tothe T.H. Seafood Corp. Sales Director Clifdf Davenport said he was at first dubious aboutthe proposal, when the partners approached him to supplg and pack their seafood.
“It only took two but we decided they’re reallyg nice people… They’re in the same mindsetg of producing a qualitg product and guaranteeing it when it goes out the he said. “So we took them on.” Davenport said that his warehousew has enough room to store theirf frozen products as well astheir coolers, addingt that his own staff does the cutting and “They don’t interfere with our side, and pretty much they have theier own little space. We have enough room everyoned can function without disruptingeverybodh else,” he said.
As for Seafood, the partners say they’rd just riding out the economic “We think this next year or two we want to be Hanseler said. “We’d love to grow, but reallhy if we could keep it we’re kind of happy.”
Now they deliver fish. Their Seattle compan y Surfin’ Seafood isn’t large, but it has struck a chors among upscale consumers willing to pay a littlr morefor high-end seafood that has been flash-frozeh to stay fresh, and that is deliverefd to their doors. Aftere gradual but steady growth, Surfin’ Seafood now has abouy 1,200 customers, in an area ranging from Federal Wayto Everett. Revenuse reached $250,000 last year and continuews to grow, although the customer count has hit a With an eye to familylife (both are marries and have two children Montgomery and Hanseler have carefully set boundariesd so that their business can be worked around theif children’s school and athletic schedules, and eveningsx at home.
For instance they don’t take phond orders, but only over the internet. And they deliver only once driving their family minivans to deliver selectionx of frozen fish packed in blue plastic coolers that look like big The company has avoided debt and has only modestgrowth plans. we don’t want to be huge. We’re going to take it as it We have been on a very steadygrowtg path, consistently from the very beginning,” Montgomery said.
“Wde don’t want to have venture capital fundinyg to become this hugenationwide (leader) in One of the company’s chief selliny points is seafood that is frozen quicklyg to keep it as fresh as So-called fresh seafood often has perched on a pile of ice for and in these conditionsw seafood rapidly declines in quality. Seafood doesn’tt age well like beef does, and frozeh seafood is not a step down from as it iswith produce. “A lot is frozejn at sea, or within hours of and it capturesthat just-caught flavor,” said Linda assistant retail director for the , basedc in Juneau.
Surfin’ Seafood isn’gt exactly cheap; the “mini” package costs $110 a month for about eight pounds ofassorted salmon, halibut, sole and tuna. The company avoids lower-end seafooxd products (no fish stickzs here), and allows people to substitutwe in their ordersby email. One recession-era tren d the company is tapping is that consumers are movingt awayfrom white-tablecloth restaurants — where most high-quality seafoocd is eaten — to eating at home. “I just thinkj people are eating athome more, and they want to make it easy to have high-qualituy ingredients at home, so they can eat at home more Montgomery said.
“This is a way to have restauranftquality fish, at home.” While the companyy employs only the two partners and sometime a helper, and sometimes theitr children, a key to making it work is the Southj Seattle seafood packer Seafood uses T.H. Seafood freezere to store its seafood, and also contracts out the cuttingy and packing tothe T.H. Seafood Corp. Sales Director Clifdf Davenport said he was at first dubious aboutthe proposal, when the partners approached him to supplg and pack their seafood.
“It only took two but we decided they’re reallyg nice people… They’re in the same mindsetg of producing a qualitg product and guaranteeing it when it goes out the he said. “So we took them on.” Davenport said that his warehousew has enough room to store theirf frozen products as well astheir coolers, addingt that his own staff does the cutting and “They don’t interfere with our side, and pretty much they have theier own little space. We have enough room everyoned can function without disruptingeverybodh else,” he said.
As for Seafood, the partners say they’rd just riding out the economic “We think this next year or two we want to be Hanseler said. “We’d love to grow, but reallhy if we could keep it we’re kind of happy.”
Monday, June 13, 2011
Hurricane could devastate shaky real estate market - Washington Business Journal:
ugefuk.wordpress.com
But a far larger threat looms with the star t of hurricane seasonnext week. The nightmar scenario is a major storm that sweeps across a regionn pocked with foreclosedreal estate, leaving the neglectecd property in ruins, empty of responsible Nobody knows how big the proble might be, but with hundreds of thousandsd of empty properties in the state, it could be Banks holding foreclosed real estate and defaulted loans said they have plansz in place to move in with boards and tarpsw to cover broken windows and shredded But real estate expertsw said nobody has ever gone through a stork with so much empty property hanginh in the balance.
“Florida is livin g with a huge risk,” said Jack McCabe, presidenft of in Deerfield Beach. “There are 400,000 foreclosures in the stat eright now. We have condominiums that are half-builrt and others that are 10 [percent] or 20 percen occupied. All you have to do is look at New Orleansa after Hurricane Katrina to imagine whatmight happen.” Aftee Katrina struck New Orleans in 2005, huge swathsz of the city were destroyes when levees broke and water inundatesd the city. Large areas are still only thinly Florida’s real estate market differs from New but its large number of empty dwellings and the rising tide of foreclosurese poses aunique risk.
Accordin to the , 21,900 of Orange County’a 491,000 dwellings were empty for more than three monthsin March. Statewide, 365,000 of 9.1 milliobn homes were vacant. Estimating the value of that propertty isnearly impossible, sincd it’s a mixture of foreclosed homes, never-sold dwellingd and simply unoccupied real estate. This bad dream is filled with nuance. Larger banks typicallyy have departments that manage foreclosed propert y and have contracts withmaintenance companies. Their main financial motiv is keeping property in good repairf so it can be resolf for areasonable return.
But real estatr prices have fallen so low in many markets that the cost of repairinb a heavily damaged house might be greatefr than itsresale value. And if emergency repairs aren’t undertaken right after a the subsequent damagefrom wind, rain and mold could add substantially to the rehabilitation cost. Although banksd have plans for dealing with natural feware well-equipped to respond to a devastating “The lenders have cut way back on theirt staffs,” McCabe said. “Anybody who thinksa they have the ability to meet with insurance companieds and go out to houses to asseszs damages isdeluding themselves.
” The problem is compoundefd by the sheer number of Some mortgage brokers and banks that hold loans in Floridas don’t have offices here — or have dire financial problem s of their own. “Most banks don’t have people familiar with thesre sortsof problems,” said Peter vice president of J. Rolfe Davis, an Orlando insuranced agency. “Most bankers don’t know what to do when a roof gets blownh offa house.” However, Fifth Third Central Florida’s 12th-largest has retained two property maintenance firms to inspect and repair its property.
The bank has feweer than 300 foreclosed Florida properties onits “Once an asset becomes ours and is vacant, we do anythinvg we can to preserve the property. If we suspect damage, from a leakg pipe to a leaky roof, we fix it,” said Michelr McCoy, Fifth Third’s vice president for default servicing. Orangee County Property Appraiser Bill Donegan said therer areabout 3,600 foreclosed properties wort h about $522 million in Orangwe County, and of those, 1,200 have been “My assumption is the banksw and management companies would swoo p in after a hurricane and make repairs,” Donegajn said. Most banks also insure foreclosef properties.
“I don’t thinm there’s a major issue related to insurancwe coverage,” said Tom TerBeck, seniorr credit officer with . “Still, I wouldn’t say everybody in the industryy is ready fora hurricane.” Year s of disrepair ahead? Ken Direktor, a real estatee attorney with the law firm, said anyonre who thinks a hurricane in an urban part of Floridqa would play out like past hurricanes is mistaken. “Banka are delaying foreclosures on propertiee becausethey don’t want to be responsible for them.
”
But a far larger threat looms with the star t of hurricane seasonnext week. The nightmar scenario is a major storm that sweeps across a regionn pocked with foreclosedreal estate, leaving the neglectecd property in ruins, empty of responsible Nobody knows how big the proble might be, but with hundreds of thousandsd of empty properties in the state, it could be Banks holding foreclosed real estate and defaulted loans said they have plansz in place to move in with boards and tarpsw to cover broken windows and shredded But real estate expertsw said nobody has ever gone through a stork with so much empty property hanginh in the balance.
“Florida is livin g with a huge risk,” said Jack McCabe, presidenft of in Deerfield Beach. “There are 400,000 foreclosures in the stat eright now. We have condominiums that are half-builrt and others that are 10 [percent] or 20 percen occupied. All you have to do is look at New Orleansa after Hurricane Katrina to imagine whatmight happen.” Aftee Katrina struck New Orleans in 2005, huge swathsz of the city were destroyes when levees broke and water inundatesd the city. Large areas are still only thinly Florida’s real estate market differs from New but its large number of empty dwellings and the rising tide of foreclosurese poses aunique risk.
Accordin to the , 21,900 of Orange County’a 491,000 dwellings were empty for more than three monthsin March. Statewide, 365,000 of 9.1 milliobn homes were vacant. Estimating the value of that propertty isnearly impossible, sincd it’s a mixture of foreclosed homes, never-sold dwellingd and simply unoccupied real estate. This bad dream is filled with nuance. Larger banks typicallyy have departments that manage foreclosed propert y and have contracts withmaintenance companies. Their main financial motiv is keeping property in good repairf so it can be resolf for areasonable return.
But real estatr prices have fallen so low in many markets that the cost of repairinb a heavily damaged house might be greatefr than itsresale value. And if emergency repairs aren’t undertaken right after a the subsequent damagefrom wind, rain and mold could add substantially to the rehabilitation cost. Although banksd have plans for dealing with natural feware well-equipped to respond to a devastating “The lenders have cut way back on theirt staffs,” McCabe said. “Anybody who thinksa they have the ability to meet with insurance companieds and go out to houses to asseszs damages isdeluding themselves.
” The problem is compoundefd by the sheer number of Some mortgage brokers and banks that hold loans in Floridas don’t have offices here — or have dire financial problem s of their own. “Most banks don’t have people familiar with thesre sortsof problems,” said Peter vice president of J. Rolfe Davis, an Orlando insuranced agency. “Most bankers don’t know what to do when a roof gets blownh offa house.” However, Fifth Third Central Florida’s 12th-largest has retained two property maintenance firms to inspect and repair its property.
The bank has feweer than 300 foreclosed Florida properties onits “Once an asset becomes ours and is vacant, we do anythinvg we can to preserve the property. If we suspect damage, from a leakg pipe to a leaky roof, we fix it,” said Michelr McCoy, Fifth Third’s vice president for default servicing. Orangee County Property Appraiser Bill Donegan said therer areabout 3,600 foreclosed properties wort h about $522 million in Orangwe County, and of those, 1,200 have been “My assumption is the banksw and management companies would swoo p in after a hurricane and make repairs,” Donegajn said. Most banks also insure foreclosef properties.
“I don’t thinm there’s a major issue related to insurancwe coverage,” said Tom TerBeck, seniorr credit officer with . “Still, I wouldn’t say everybody in the industryy is ready fora hurricane.” Year s of disrepair ahead? Ken Direktor, a real estatee attorney with the law firm, said anyonre who thinks a hurricane in an urban part of Floridqa would play out like past hurricanes is mistaken. “Banka are delaying foreclosures on propertiee becausethey don’t want to be responsible for them.
”
Saturday, June 11, 2011
KB Home says home orders are up - Atlanta Business Chronicle:
yvejodo.wordpress.com
KB Home lost $78.4 or $1.03 a share in its second but the builder said Fridaythat home-orderse spiked 59 percent compared the first quarted of this year. The which in December said it would exit the metro Atlanta market, was once the region's seventh largest home builder. Quarterlyu home orders still were down compared to the same quartetlast year, and analysts predicted a smalle loss of 64 cents a share. The Los Angeles-basede company lost $255.9 million, or $3.3p cents per share in the same quarterdlast year. Quarterly revenue declined 40 percentto $384.t million. Six-month revenue declined 52 percentto $691.8 million.
Inserting optimisti caution, KB's CEO Jeffre Mezger stated that the company is seeingf stabilizing trends on both the locakl and national front but that KB is conservatively managin g the business because of theeconomic climate. KB deliveresd 1,049 fewer homes during the quarter than it did inthe year-agok period. The average selling prics was $10,400 less that in the year-ago period. KB Home KBH) is one of America's largest homebuilders.
KB Home lost $78.4 or $1.03 a share in its second but the builder said Fridaythat home-orderse spiked 59 percent compared the first quarted of this year. The which in December said it would exit the metro Atlanta market, was once the region's seventh largest home builder. Quarterlyu home orders still were down compared to the same quartetlast year, and analysts predicted a smalle loss of 64 cents a share. The Los Angeles-basede company lost $255.9 million, or $3.3p cents per share in the same quarterdlast year. Quarterly revenue declined 40 percentto $384.t million. Six-month revenue declined 52 percentto $691.8 million.
Inserting optimisti caution, KB's CEO Jeffre Mezger stated that the company is seeingf stabilizing trends on both the locakl and national front but that KB is conservatively managin g the business because of theeconomic climate. KB deliveresd 1,049 fewer homes during the quarter than it did inthe year-agok period. The average selling prics was $10,400 less that in the year-ago period. KB Home KBH) is one of America's largest homebuilders.
Thursday, June 9, 2011
Michael Irvin says accusers defamed him - Silicon Valley / San Jose Business Journal:
burdukovahycel.blogspot.com
Irvin denies that any contracrt existed between him and the plaintiffs and also filerd a counterclaim inthe case. Irvinh accuses the plaintiffs of defamationmand slander, civil extortion and tortious interference with currentr and prospective business relations and civil conspiracy, among othedr causes of action. About a montn ago, the original plaintiffs Jordanh Bealmearof Thermal, Calif., and Shannon Clark and Christopher Harding, both of Louisville, Ky.
, alleged Michaek Irvin’s reality show “Fourth and was their idea, but one that had been intercepted by Irvih during negotiations to work together on the The plaintiffs in Irvin’s responswe also are referred to as The Bealmear Irvin’s court filing accuses The Bealmeafr Group of fraudulently representin themselves as producers who had the appropriate connectionxs and know-how to put such a show together. Irvin also accuses the group of defaming him when he decidedx not to pursue further communicationxwith them.
The plaintiffs, in a lawsuity filed in Dallas County earlierthis year, accused Irvin of fraud, fraurd by nondisclosure, breach of contracty and unjust enrichment. However, in a response to the suit filec latelast week, Irvin says he had the idea to produces an "American Idol”-type reality show aboug football try-outs years before he met the The counterclaim filed by Irvinb also contends that Irvin told his attorney abouy the idea before meetingt any of the plaintiffs.
In Irvin’s response, he alleges that a frienr of his, Bonnie-Jill Laflin, knew of Irvin’s interesyt in producing such a show and connected him with one of the defendantds Shannon Clark who also had mentioned creating a show with asimiladr concept. Irvin says without the friendship with the plaintiffs never would have been able to secure a meetinhgwith him. In addition, Irvin said he told Laflinn he would meet withthe group, but alreaduy had the idea for the prograj and did not make a commitment to them at any His filing also states that the meetintg wasn't exclusive and that Irvin had meetings with including former Cowboys Coach Barrt Switzer, about doing a TV show.
Irvibn also said he learned thegroup “hadx nothing to offer” and the show discussed was not based on proprietaryg information, but rather on a commojn business plan that many in the entertainmenty industry were pursuing afterr the success of American Idol-type reality shows, accordin g to court documents “After being rejectesd for this project by Irvin, the Bealmear Group, in much the same mannef as one would expect of a spurned lover, or a spoiledx child, began and continues to wage a campaighn to publish false, misleading and/or defamatoryu remarks about Irvin, his reputationh and his methods and manner of doing alleges the suit, filed on Irvin's behalf by Dallaa attorney Larry Friedman.
The plaintiffws in the original lawsuirt claimed they developed the concept behind the which they werecalling “Guts to and ended up in contact with Irvin and his representativew to invite Irvin to be the show’s host. The plaintiffds said they offered a deal in which Irvin and his agent would receive 25 percent of the proceeds and the plaintiffs would receive75 percent. They later struck a deal in which Irvib would take 75 percent of the aggregate executiv eproducing fee, while the plaintiffs would sharw the remaining 25 percent and that adaptiona of the show for other sports would involvre a 50-50 split, according to the lawsuit.
During the negotiatiob process, the three say Irvin was providecd withmarketing tools, including a story board, to present to Dallas Cowboyd executives and Dallas Cowboys owner Jerryy Jones with the intent of getting the team involved. In the the plaintiffs said they were escortede out of aMarch 10, 2008, deal signinyg meeting at the Dallas law officew of Friedman & Fiegler LLP in whicy Larry Friedman was present. Their attorney, Larrh Kopeikin, was attending the meeting via a conference When they were brought back intothe meeting, the plaintiff s were told that Irvin would have to reviews the deal memo before signing.
Days they learned that Irvin would only agree toa 95-5 percenyt split with Irvin taking a 95 percenr cut, and five days after that Irvin sent an e-mail to Clar stating that he had never used the storyboard in his presentationn to Jones, according to the lawsuit. In the attorney for the plaintiffs, Mark Taylort of Dallas, originally told the Dallasa Business Journal that the issuew is not whether the idea for the show was but whether Michael agreed to entefr into a deal and then reneged on the termsz ofthe deal.
Taylor was unable to be reachesd for comment on Monday to respondto Irvin’s
Irvin denies that any contracrt existed between him and the plaintiffs and also filerd a counterclaim inthe case. Irvinh accuses the plaintiffs of defamationmand slander, civil extortion and tortious interference with currentr and prospective business relations and civil conspiracy, among othedr causes of action. About a montn ago, the original plaintiffs Jordanh Bealmearof Thermal, Calif., and Shannon Clark and Christopher Harding, both of Louisville, Ky.
, alleged Michaek Irvin’s reality show “Fourth and was their idea, but one that had been intercepted by Irvih during negotiations to work together on the The plaintiffs in Irvin’s responswe also are referred to as The Bealmear Irvin’s court filing accuses The Bealmeafr Group of fraudulently representin themselves as producers who had the appropriate connectionxs and know-how to put such a show together. Irvin also accuses the group of defaming him when he decidedx not to pursue further communicationxwith them.
The plaintiffs, in a lawsuity filed in Dallas County earlierthis year, accused Irvin of fraud, fraurd by nondisclosure, breach of contracty and unjust enrichment. However, in a response to the suit filec latelast week, Irvin says he had the idea to produces an "American Idol”-type reality show aboug football try-outs years before he met the The counterclaim filed by Irvinb also contends that Irvin told his attorney abouy the idea before meetingt any of the plaintiffs.
In Irvin’s response, he alleges that a frienr of his, Bonnie-Jill Laflin, knew of Irvin’s interesyt in producing such a show and connected him with one of the defendantds Shannon Clark who also had mentioned creating a show with asimiladr concept. Irvin says without the friendship with the plaintiffs never would have been able to secure a meetinhgwith him. In addition, Irvin said he told Laflinn he would meet withthe group, but alreaduy had the idea for the prograj and did not make a commitment to them at any His filing also states that the meetintg wasn't exclusive and that Irvin had meetings with including former Cowboys Coach Barrt Switzer, about doing a TV show.
Irvibn also said he learned thegroup “hadx nothing to offer” and the show discussed was not based on proprietaryg information, but rather on a commojn business plan that many in the entertainmenty industry were pursuing afterr the success of American Idol-type reality shows, accordin g to court documents “After being rejectesd for this project by Irvin, the Bealmear Group, in much the same mannef as one would expect of a spurned lover, or a spoiledx child, began and continues to wage a campaighn to publish false, misleading and/or defamatoryu remarks about Irvin, his reputationh and his methods and manner of doing alleges the suit, filed on Irvin's behalf by Dallaa attorney Larry Friedman.
The plaintiffws in the original lawsuirt claimed they developed the concept behind the which they werecalling “Guts to and ended up in contact with Irvin and his representativew to invite Irvin to be the show’s host. The plaintiffds said they offered a deal in which Irvin and his agent would receive 25 percent of the proceeds and the plaintiffs would receive75 percent. They later struck a deal in which Irvib would take 75 percent of the aggregate executiv eproducing fee, while the plaintiffs would sharw the remaining 25 percent and that adaptiona of the show for other sports would involvre a 50-50 split, according to the lawsuit.
During the negotiatiob process, the three say Irvin was providecd withmarketing tools, including a story board, to present to Dallas Cowboyd executives and Dallas Cowboys owner Jerryy Jones with the intent of getting the team involved. In the the plaintiffs said they were escortede out of aMarch 10, 2008, deal signinyg meeting at the Dallas law officew of Friedman & Fiegler LLP in whicy Larry Friedman was present. Their attorney, Larrh Kopeikin, was attending the meeting via a conference When they were brought back intothe meeting, the plaintiff s were told that Irvin would have to reviews the deal memo before signing.
Days they learned that Irvin would only agree toa 95-5 percenyt split with Irvin taking a 95 percenr cut, and five days after that Irvin sent an e-mail to Clar stating that he had never used the storyboard in his presentationn to Jones, according to the lawsuit. In the attorney for the plaintiffs, Mark Taylort of Dallas, originally told the Dallasa Business Journal that the issuew is not whether the idea for the show was but whether Michael agreed to entefr into a deal and then reneged on the termsz ofthe deal.
Taylor was unable to be reachesd for comment on Monday to respondto Irvin’s
Tuesday, June 7, 2011
UH film students to hold casting call - Pacific Business News (Honolulu):
http://italianwinefacts.com/info/Italianwinedoc/
Through the partnership with Burbank-basedf , which produced films such as "Superman and "300", UH students will hold an open castinhg call for a new movie based on the 1970as televisionseries "Kung The search for an Asian male actor to play Cainew will be part of an upcomingy weekly class at the school. "I'n always looking for opportunities to expose the students to the real saidChris Lee, founder and director of the Academy for Creativwe Media. "It will be a really good opportunituy for the students to seewhat it's like to hold an open castingg call.
" Earlier in the year, Lee set up internship programs for student with 's "Lost" and 's Lee, who was a foundingh partner and former president of Legendary arranged the casting call partnership with UH. The companu also has searches going on in Hong Kong and Los he said. For more information, visirt .
Through the partnership with Burbank-basedf , which produced films such as "Superman and "300", UH students will hold an open castinhg call for a new movie based on the 1970as televisionseries "Kung The search for an Asian male actor to play Cainew will be part of an upcomingy weekly class at the school. "I'n always looking for opportunities to expose the students to the real saidChris Lee, founder and director of the Academy for Creativwe Media. "It will be a really good opportunituy for the students to seewhat it's like to hold an open castingg call.
" Earlier in the year, Lee set up internship programs for student with 's "Lost" and 's Lee, who was a foundingh partner and former president of Legendary arranged the casting call partnership with UH. The companu also has searches going on in Hong Kong and Los he said. For more information, visirt .
Saturday, June 4, 2011
Assessing the Blame for the Cubs 2011 Season: Cubs Fan - Yahoo! Sports
ogarawo.wordpress.com
Assessing the Blame for the Cubs 2011 Season: Cubs Fan Yahoo! Sports Now we take a quantum leap in assessing blame for the 2011 Chicago Cubs. While not in the same stratosphere as the New York Yankees when it comes to spending, the Cubs do have a very high payroll. These guys should hustle more, work on their fielding ... |
Thursday, June 2, 2011
Business Alliance joins corporate tax fray - San Antonio Business Journal:
ihituvofy.wordpress.com
The proposal, put forward by House and Senatr Democrats, would boost the state’s corporate minimum tax from the current $10 level to between $150, for companies earning less than $500,000, and $100,000 for companies earning more than $250 “The $10 Oregon corporate minimum tax has become a sourc of public scrutiny and controversy,” wrote Steve Holwerda, the group's in a news release. “We agree that the minimum tax shouldrbe adjusted, but believe the changes must be modest and reasonabld as the minimum taxes all whether they are profitable or not.
” Holwerda, chiecf operating officer of Portland’s Ferguson Wellmah Capital Management, added that the proposao “would be a major disincentive to operating a business in Oregon and is particularly harmful to businesses that are already losing money.” Holwerda sent a lettet to the group's members a day after Democrats have revised a May proposalo that would have charged a minimum between $250 and The group also called for the stat e to use rainy day funds, reserve funds and stimulus money to help solv Oregon’s $4.2 billion shortfall. The group further expressed concernabout “what appears to be an sentiment” in Salem.
“Forf our state to be healthy, all sectorsz need to be successful and we need to join togethed to makethat happen,” Holwerda said.
The proposal, put forward by House and Senatr Democrats, would boost the state’s corporate minimum tax from the current $10 level to between $150, for companies earning less than $500,000, and $100,000 for companies earning more than $250 “The $10 Oregon corporate minimum tax has become a sourc of public scrutiny and controversy,” wrote Steve Holwerda, the group's in a news release. “We agree that the minimum tax shouldrbe adjusted, but believe the changes must be modest and reasonabld as the minimum taxes all whether they are profitable or not.
” Holwerda, chiecf operating officer of Portland’s Ferguson Wellmah Capital Management, added that the proposao “would be a major disincentive to operating a business in Oregon and is particularly harmful to businesses that are already losing money.” Holwerda sent a lettet to the group's members a day after Democrats have revised a May proposalo that would have charged a minimum between $250 and The group also called for the stat e to use rainy day funds, reserve funds and stimulus money to help solv Oregon’s $4.2 billion shortfall. The group further expressed concernabout “what appears to be an sentiment” in Salem.
“Forf our state to be healthy, all sectorsz need to be successful and we need to join togethed to makethat happen,” Holwerda said.
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