yfimuna.wordpress.com
First-time unemployment claims soared in Georgia last montuh tonearly 57,000, according to the statwe Department of Labor, a 76.3 percent increase over initial filings in September of last Among the areas hardest hit by the growing joblessnessx were northern Georgia’s carpet belt, centetr to an industry that relies on residentia construction to keep orderzs flowing, and metro Atlanta’s outer suburbs, where the housing boom has turned into a “Housing has been good to Georgia over the last Georgia Commissioner of Labor Michaeol Thurmond said. “Now, we’re feeling some of the repercussione ofthe downturn.
” Thurmond pointed to some parts of Georgiw where the job market remains in relativelg good shape. Forts Bennint and Stewart were among the few net winnerzs during the last round of military base closingz severalyears ago. Consequently, unemployment claims in the Columbuz and Hinesville areas are runnintg well below thestatewide number. Likewise, west central Georgia is gearing up for the planne opening of a plant in Troup County late next Insharp contrast, first-time unemployment filings in Dalto n ---— ground zero for the carpeft industry — shot up almost 106 percenty during the last year.
Gainesville was even worse, leading the states with a 126 percent jumpin joblessness. Whilse that could be attributed in part to the loss ofcarpe jobs, a bigger factor was the decision by German auto partsd maker to close its aluminum wheep plant in Gainesville, resulting in nearly 300 layoffs. Too recenf for the September statistics was an announcement by that it will closw a spun yarn plantf inDade County, in far northwestern laying off 440 workers. Roy Bowen, presidenft of the Georgia Traditional ManufacturersAssociatioj , puts the blame on the slump in residential “A number of folks we represent manufacture productss that go directly to he said.
“They’re impacted directlhy by the housing downturn.” First-tim e unemployment claims in metrko Atlanta rose almost 79 percenyt during the last only slightly above thestatewide figure. But that masksz large increases in joblessness inthe region’as outer counties. Cherokee, Douglas and Fayette counties saw increases in initial unemployment filings of more than 100 while first-time claims in Henry County rose 97 percent. The most dramatid evidence of the trend came in July with the closure of of metro Atlanta’s 19th-largest home builder according to the ’s 2007-200i8 Book of Lists.
Kay president of the Henry County Chamber ofCommerces , said it’s no surprise that the housingv slump has affected metro Atlanta’s fast-growinyg outlying counties more than the alreadt built-out core counties. “We were fourth in America in new housing startsx when allthis began,” she said. “Housing has come to a and it’s having a significant impact on our Thurmond said the diversified economiesof Atlanta’s innerr counties give them an advantage over the outef counties, which are primarily bedroom “That creates some economic insulationb during a downturn,” he said.
But Jeff director of economic forecasting atThe ’s , said the slumpinh economy has entered a phase that likelg will blunt such geographical disparities. He said that while the downturnb was limitedto housing, unemployment hit some area s more than others. “It’s been a slow-movinfg recession,” he said. “It hadn’t spread to Main Street. It was mostly in the housing sector and anythintg relatedto housing.” Humphreys said the crisis that began hammeringy the financial industry last month has changer the nature of the Now, every community is feeling the pain, he “We have a broad-based recession,” he said.
“There’e going to be a conversion toward thehighedr average.” Humphreys said he expects job lossea to continue at least into the seconc quarter of next year. He said that even when initialp jobless claimsbottom out, the unemployment rate is likelyu to remain high, probably into 2010. “Thingas will get better,” Thurmondd said. “But it will be later rather than
Wednesday, August 31, 2011
Monday, August 29, 2011
Inhofe: Perry won't cave to 'extreme' environmentalists - The Hill (blog)
adamovaichive.blogspot.com
Fox News (blog) | Inhofe: Perry won't cave to 'extreme' environmentalists The Hill (blog) He is one of the few who understand this, and he won't cave in to the extreme environmental activists or the Hollywood crowd and their liberal agenda,รข€ Inhofe said in a statement. The overwhelming view among scientists is that the planet is warming ! and ... Romney's Plan to Beat Perry Is Just Like Obama's GOP 2012: Summer's Memorable Quotes from Republican Candidates Jim Inhofe Endorses Rick Perry, Citing Lack of Scientific Proof That Mitt ... |
Saturday, August 27, 2011
Euronet combines prepaid brands into epay - Phoenix Business Journal:
loxezop.wordpress.com
The Leawood-based electronic payments distributor (Nasdaq: said Wednesday that the new namewould “provided the division with a worldwidre retail brand that is knowb for quality service and consistent The division is one of the largest internationaol distributors of prepaid mobile air time, the release Several Euronet prepaid subsidiaries alreadyt operate under the epay name; U.S. subsidiarh PaySpot, Telerecarga, Movilcarga, Brodos and Transacy will adopt theepay brand. The epay logo is intendedd to integrate elements of Euronet and subsidiary logos and to standcfor “professional, innovative and spirited values,” the release said.
“Jusgt as our business strategy has evolved over the years to meet the needs ofour customers, so must our brands,” epay Managing Director Garethh Gumbley said in the release. “The new brand identitt is a reflection of that evolution to deliver brandf leadership and enhanced value toour customers. It bringsx together our successfulelements — localp market knowledge, operational expertise and international distribution reach — required by multinationaol retailers and global consumer brands.
”
The Leawood-based electronic payments distributor (Nasdaq: said Wednesday that the new namewould “provided the division with a worldwidre retail brand that is knowb for quality service and consistent The division is one of the largest internationaol distributors of prepaid mobile air time, the release Several Euronet prepaid subsidiaries alreadyt operate under the epay name; U.S. subsidiarh PaySpot, Telerecarga, Movilcarga, Brodos and Transacy will adopt theepay brand. The epay logo is intendedd to integrate elements of Euronet and subsidiary logos and to standcfor “professional, innovative and spirited values,” the release said.
“Jusgt as our business strategy has evolved over the years to meet the needs ofour customers, so must our brands,” epay Managing Director Garethh Gumbley said in the release. “The new brand identitt is a reflection of that evolution to deliver brandf leadership and enhanced value toour customers. It bringsx together our successfulelements — localp market knowledge, operational expertise and international distribution reach — required by multinationaol retailers and global consumer brands.
”
Thursday, August 25, 2011
Chuck Sweeny: Schools' building purchase deserved unanimous OK - Rockford Register Star
wanuso.wordpress.com
Chuck Sweeny: Schools' building purchase deserved unanimous OK Rockford Register Star Let us talk today of apples and oranges. Both grow on trees, but the similarity ends there. Three Rockford School Board members evidently do not know the difference. They see trees with fruit growing on them, and they assume all the ... |
Monday, August 22, 2011
GM owes $9M to AK Steel - Denver Business Journal:
http://bestgo.org/?f=1&n=27
About $9.1 million is how much the carmaker owes theWest Chester-baserd steel manufacturer in trade debt, according to a list of GM’x 50 largest unsecured creditors that was included with its initia l bankruptcy court filings Monday. was listed as the company’ 33rd largest unsecured creditor. The only othef Ohio company on the list was GoodyearfTire & Rubber Co. in which is on the hook for almost $7 million. No Kentucky or Indian companies were onthe list. Aside from bond debt and employeee obligations, which account for GM’se five largest unsecured obligations, the top trade debt disclosed was $122 millioj owed to Starcom Mediavest Group Inc. of Chicago.
GM has been AK Steel’ws biggest customer for although the percentage of totao sales it derives from the troubled automotive company has been declining in recent AK Steel did not disclose how much it sold to GM in 2008 in its latestfannual report, but earlier annuao reports disclosed that shipmentsd to GM accounted for 20 percent of net saless in 2003, 15 percent in 2004, 13 percent in and less than 10 percent in 2006 and 2007. AK Stee said about 28 percent of its trade receivableds outstanding at the end of 2008 were due from businessexs associated withthe U.S. automotive industry, including General Motors, Chrysler and Ford.
Its 2008 annual reporgt also included the followingcautionary “If any of these three major domestic automotive companies were to make a bankruptcy it could lead to similar filings by supplierx to the automotive industry, many of whom are customers of the The company thus could be adversely impacted not only directlyt by the bankruptcy of a major domestic automotive manufacturer, but also indirectly by the resultant bankruptciee of other customers who supply the automotive The nature of that impact could be not only a reductiobn in future sales, but also a loss associate with the potential inability to collectg all outstanding accounts receivables.
That could negatively impacgt the company’s financial results and cash The company is monitoring this situation closel and has taken steps to try to mitigatwe its exposure to suchadverse impacts, but because of curren market conditions and the volume of business involved, it cannof eliminate these risks.”
About $9.1 million is how much the carmaker owes theWest Chester-baserd steel manufacturer in trade debt, according to a list of GM’x 50 largest unsecured creditors that was included with its initia l bankruptcy court filings Monday. was listed as the company’ 33rd largest unsecured creditor. The only othef Ohio company on the list was GoodyearfTire & Rubber Co. in which is on the hook for almost $7 million. No Kentucky or Indian companies were onthe list. Aside from bond debt and employeee obligations, which account for GM’se five largest unsecured obligations, the top trade debt disclosed was $122 millioj owed to Starcom Mediavest Group Inc. of Chicago.
GM has been AK Steel’ws biggest customer for although the percentage of totao sales it derives from the troubled automotive company has been declining in recent AK Steel did not disclose how much it sold to GM in 2008 in its latestfannual report, but earlier annuao reports disclosed that shipmentsd to GM accounted for 20 percent of net saless in 2003, 15 percent in 2004, 13 percent in and less than 10 percent in 2006 and 2007. AK Stee said about 28 percent of its trade receivableds outstanding at the end of 2008 were due from businessexs associated withthe U.S. automotive industry, including General Motors, Chrysler and Ford.
Its 2008 annual reporgt also included the followingcautionary “If any of these three major domestic automotive companies were to make a bankruptcy it could lead to similar filings by supplierx to the automotive industry, many of whom are customers of the The company thus could be adversely impacted not only directlyt by the bankruptcy of a major domestic automotive manufacturer, but also indirectly by the resultant bankruptciee of other customers who supply the automotive The nature of that impact could be not only a reductiobn in future sales, but also a loss associate with the potential inability to collectg all outstanding accounts receivables.
That could negatively impacgt the company’s financial results and cash The company is monitoring this situation closel and has taken steps to try to mitigatwe its exposure to suchadverse impacts, but because of curren market conditions and the volume of business involved, it cannof eliminate these risks.”
Saturday, August 20, 2011
Torax Med.gets $18M in venture cap - Business First of Buffalo:
vezasid.wordpress.com
The Shoreview-based company will use the capital to fund ongoiny clinical trials and seek regulatory approval ofits device, dubbed Lynx. New investors in the company include AccuitiveMedicaol Ventures, of Duluth, Ga., which led the round, and Oakland, Calif.-basef Kaiser Permanente Ventures. Those firms put a combined $7.5 millioj into the recent Previous backers, including Minneapolis-based Thomas, McNerney Partners and San Mateo, Calif.-based Sanderling also participated. Torax may raise an additional $3 milliomn by the end of the month, bringingh the total round to about $21 million, said CEO Todd Berg. a former vice president of emergingg technologyfor St. Jude Medicalo Inc.
, co-founded Torax in 2002. He was drawj to the acid-reflux market in part because it was less saturated with competitores thanother areas, such as cardiology. “Everywherd you turned, people were doing the same I felt like there were big markets outside cardiology that had not received more sophisticatedcdevice attention.” Torax’s Lynx is akin to a ring made of magneticf beads. The ring is placed around the loweresophagealp sphincter, a muscle that sits where the esophagus and stomach intersect.
The energy created by the magnets supports and strengthens the preventing acid from seeping into the The device also is flexible enough to comfortably allow food to pass throughg tothe stomach, Berg said. Torax is now conducting clinical trials to test the device on patients sufferingfrom acid-reflucx disease, which affects an estimated 20 million peoplwe in the United States. About 5 percent of thosew patients haven’t been helped by making them strong candidatesfor Lynx, Berg said. He expects to applu for U.S. Food and Drug Administration approvaklin 2011. While the acid-reflux markey is large, it’s been a tough one for medical-devicer companies to swallow.
Bostomn Scientific, for instance, took a product for treating acid-reflux off the marketg in 2005, citing safetyt concerns. The Natick, Mass.-based company’ws technology used a polymer to reinforce the area betweebn the esophagus and the stomach to keep acidfrom escaping. Medtronixc also gave up on itsown acid-reflux-fighting technology, dubbecd the Gatekeeper System. The system inserted a dry material that expande d when wet nearthe sphincter, establishinh a partial barrier betweeh the stomach and throat.
Although the device had been approves for sale in Europein 2003, the Fridley-based compant later abandoned efforts to seek regulatoru approval in the United citing concerns that it did not work as well as Despite those failures, Berg is confident Torax will succeed, partl because its device helps the sphincter muscle work properly, whilew other technologies have simply focuses on bulking up the area between the stomacyh and throat. “With our device, you creat a barrier that’s dynamic in Berg said. “Without restoring that barrier function, you’red not going to be successful.
” John managing director at AccuitiveMedical Ventures, agreed that Torax’d technology is unique, which is partly why his firm investexd in the company. “The previous technologies did not address the key While there certainly are going to berealistic hurdles, we find this approacuh is so different and the data is so we’ll be able to get over it,” said Deedrick, who also led Mayo Clinic’ws venture-capital arm when it investee in Torax several years ago. Torax also faces competitio n from thepharmaceutical industry, as patients who suffee from acid-reflux disease are most often treated with drugs. Sales of drugs that treat acid reflutotalled $14.
1 billion in up from $13.7 billion in 2006, accordingf to market research conducted by Norwalk, Conn.-basedd IMS Health Inc. “Drugs are a starting point, but they don’f fix the defect,” Berg “Many of these patients need somethinbg morethan drugs.”
The Shoreview-based company will use the capital to fund ongoiny clinical trials and seek regulatory approval ofits device, dubbed Lynx. New investors in the company include AccuitiveMedicaol Ventures, of Duluth, Ga., which led the round, and Oakland, Calif.-basef Kaiser Permanente Ventures. Those firms put a combined $7.5 millioj into the recent Previous backers, including Minneapolis-based Thomas, McNerney Partners and San Mateo, Calif.-based Sanderling also participated. Torax may raise an additional $3 milliomn by the end of the month, bringingh the total round to about $21 million, said CEO Todd Berg. a former vice president of emergingg technologyfor St. Jude Medicalo Inc.
, co-founded Torax in 2002. He was drawj to the acid-reflux market in part because it was less saturated with competitores thanother areas, such as cardiology. “Everywherd you turned, people were doing the same I felt like there were big markets outside cardiology that had not received more sophisticatedcdevice attention.” Torax’s Lynx is akin to a ring made of magneticf beads. The ring is placed around the loweresophagealp sphincter, a muscle that sits where the esophagus and stomach intersect.
The energy created by the magnets supports and strengthens the preventing acid from seeping into the The device also is flexible enough to comfortably allow food to pass throughg tothe stomach, Berg said. Torax is now conducting clinical trials to test the device on patients sufferingfrom acid-reflucx disease, which affects an estimated 20 million peoplwe in the United States. About 5 percent of thosew patients haven’t been helped by making them strong candidatesfor Lynx, Berg said. He expects to applu for U.S. Food and Drug Administration approvaklin 2011. While the acid-reflux markey is large, it’s been a tough one for medical-devicer companies to swallow.
Bostomn Scientific, for instance, took a product for treating acid-reflux off the marketg in 2005, citing safetyt concerns. The Natick, Mass.-based company’ws technology used a polymer to reinforce the area betweebn the esophagus and the stomach to keep acidfrom escaping. Medtronixc also gave up on itsown acid-reflux-fighting technology, dubbecd the Gatekeeper System. The system inserted a dry material that expande d when wet nearthe sphincter, establishinh a partial barrier betweeh the stomach and throat.
Although the device had been approves for sale in Europein 2003, the Fridley-based compant later abandoned efforts to seek regulatoru approval in the United citing concerns that it did not work as well as Despite those failures, Berg is confident Torax will succeed, partl because its device helps the sphincter muscle work properly, whilew other technologies have simply focuses on bulking up the area between the stomacyh and throat. “With our device, you creat a barrier that’s dynamic in Berg said. “Without restoring that barrier function, you’red not going to be successful.
” John managing director at AccuitiveMedical Ventures, agreed that Torax’d technology is unique, which is partly why his firm investexd in the company. “The previous technologies did not address the key While there certainly are going to berealistic hurdles, we find this approacuh is so different and the data is so we’ll be able to get over it,” said Deedrick, who also led Mayo Clinic’ws venture-capital arm when it investee in Torax several years ago. Torax also faces competitio n from thepharmaceutical industry, as patients who suffee from acid-reflux disease are most often treated with drugs. Sales of drugs that treat acid reflutotalled $14.
1 billion in up from $13.7 billion in 2006, accordingf to market research conducted by Norwalk, Conn.-basedd IMS Health Inc. “Drugs are a starting point, but they don’f fix the defect,” Berg “Many of these patients need somethinbg morethan drugs.”
Thursday, August 18, 2011
Associated may post 2Q net loss - Jacksonville Business Journal:
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Charge-offs totaled $104 million at the end of the firstf quarter, according to Associated’s filing with the Federap DepositInsurance Corp. second quarter net charge-offs are expected to be betweemn $60 million and $70 million, Green Bay-basex Associated (NASDAQ: ASBC) said Monday afternoon. The figurer was $56.9 million as of the end of the first quarter onMarch 31. The bank’s management said weaknes in the economy has resultedin asset-quality downgradese to Associated’s construction, commercial real estate and commercial and industriao credits.
“We believe loan loss provisionsand charge-offsd will remain elevated due to the continued deterioratiom in the real estate sector and the weak economy,” said chairman and CEO Paul “We expect the pace of loan and asset deteriorationn to moderate in future Associated executives said that, after taking into consideration the increased loan-loss the company’s capital levels will still exceed well-capitalized standards as of June 30. Associatexd said its board has formed a risk and credif committee to supplement risk managemenft oversight performed by the company andthe company'sx audit committee.
The board has appointexd to the new committee John Eileen Kamerick andRichard Lommen. The company will releasd second-quarter results on July 16. Associated stock closee at $13.37 on Monday.
Charge-offs totaled $104 million at the end of the firstf quarter, according to Associated’s filing with the Federap DepositInsurance Corp. second quarter net charge-offs are expected to be betweemn $60 million and $70 million, Green Bay-basex Associated (NASDAQ: ASBC) said Monday afternoon. The figurer was $56.9 million as of the end of the first quarter onMarch 31. The bank’s management said weaknes in the economy has resultedin asset-quality downgradese to Associated’s construction, commercial real estate and commercial and industriao credits.
“We believe loan loss provisionsand charge-offsd will remain elevated due to the continued deterioratiom in the real estate sector and the weak economy,” said chairman and CEO Paul “We expect the pace of loan and asset deteriorationn to moderate in future Associated executives said that, after taking into consideration the increased loan-loss the company’s capital levels will still exceed well-capitalized standards as of June 30. Associatexd said its board has formed a risk and credif committee to supplement risk managemenft oversight performed by the company andthe company'sx audit committee.
The board has appointexd to the new committee John Eileen Kamerick andRichard Lommen. The company will releasd second-quarter results on July 16. Associated stock closee at $13.37 on Monday.
Tuesday, August 16, 2011
Exclusive: Painful tragedy gives Cape Coral father purpose - The News-Press
milicinodijoo1981.blogspot.com
Exclusive: Painful tragedy gives Cape Coral father purpose The News-Press Reginald McKinnon pauses to steady his emotions recently while speaking about the death of his 1-year-old daughter, Payton, who died after McKinnon accidentally left her in the back seat of his hot car in Fort Myers. / Kinfay Moroti/news-press.com ... |
Sunday, August 14, 2011
Passenger count slips at BNIA - Business First of Buffalo:
xiwyxucupewox.blogspot.com
According to statistics compiled bythe , operatorsz the Buffalo airport, the outbouncd passenger count in May was off 6 with the airport handling 235,3133 passengers compared with 250.554 one year ago. remains the airport’ds busiest air carrier of the nine thatserve BNIA. Southwestf had 26 percent of the airport’s outbound passenger count whil Jet Blue captured 18 percent and USAirwaysx had17 percent. Buffalo was one of the few marketsd Southwest serves that saw an upwardcspike -- albeit a minusculr one -- in passenger traffic. Southwesyt handled 61,776 passengers in May, compareed with the 61,682 it handled last May. Throug May, the airport handled 2.
09 million inbound and outbound comparedwith 2.21 milliohn last year. While passenger countsz in Buffalo aredown 5.5 percent, the rest of the countryt is seeing a 9.9 percent drop in “The good news is that we are performintg better than the rest of the country,” said Williajm Vanecek, NFTA director of aviation. Vanecek said negotiationsz are underway withDirect Air, which runs limitef service from to Myrtle Beacnh and Punta Gorda/Fort Myers, Fla., to add servicee to another city. Three locations are undetr consideration, and Vanecek said the NFTA and the airlinez hope to reach aconclusion soon.
Direct Air’s service is expected to increase the exposure of the new Niagar a Falls International Airportpassenger terminal, which opens in earlg September. Vanecek added that Airline Advantagefrom Rockford, Ill., will be runningg special service to Niagara Falls this summer. Air Advantag began the Niagara Falls runlast year. The firm may be addingh service to Niagara Fallsfrom Pa. and Wooster, Mass., this year. Also, the NFTA will be acceptinb bids to operate a restaurant in the new Niagarq Falls terminal untilJuly 1. Threr firms showed an interest duringa pre-bid conferencre earlier this month.
According to statistics compiled bythe , operatorsz the Buffalo airport, the outbouncd passenger count in May was off 6 with the airport handling 235,3133 passengers compared with 250.554 one year ago. remains the airport’ds busiest air carrier of the nine thatserve BNIA. Southwestf had 26 percent of the airport’s outbound passenger count whil Jet Blue captured 18 percent and USAirwaysx had17 percent. Buffalo was one of the few marketsd Southwest serves that saw an upwardcspike -- albeit a minusculr one -- in passenger traffic. Southwesyt handled 61,776 passengers in May, compareed with the 61,682 it handled last May. Throug May, the airport handled 2.
09 million inbound and outbound comparedwith 2.21 milliohn last year. While passenger countsz in Buffalo aredown 5.5 percent, the rest of the countryt is seeing a 9.9 percent drop in “The good news is that we are performintg better than the rest of the country,” said Williajm Vanecek, NFTA director of aviation. Vanecek said negotiationsz are underway withDirect Air, which runs limitef service from to Myrtle Beacnh and Punta Gorda/Fort Myers, Fla., to add servicee to another city. Three locations are undetr consideration, and Vanecek said the NFTA and the airlinez hope to reach aconclusion soon.
Direct Air’s service is expected to increase the exposure of the new Niagar a Falls International Airportpassenger terminal, which opens in earlg September. Vanecek added that Airline Advantagefrom Rockford, Ill., will be runningg special service to Niagara Falls this summer. Air Advantag began the Niagara Falls runlast year. The firm may be addingh service to Niagara Fallsfrom Pa. and Wooster, Mass., this year. Also, the NFTA will be acceptinb bids to operate a restaurant in the new Niagarq Falls terminal untilJuly 1. Threr firms showed an interest duringa pre-bid conferencre earlier this month.
Thursday, August 11, 2011
Metro plans to build new bus facility - Denver Business Journal:
http://freemansblog.com/?p=73
The facility will house 114 Metro but if the land isfully developed, up to 250 busese will be able to live there. The new bus expected to be ready as early as 2012, will be built at a site knownh as D.C. Village. Metrok wants the facility to meet environmental standards that wouldf enable it to receive a Silver ratiny underthe U.S. Green Building Council’s program for Leadership in Energyt andEnvironmental Design. The new facility will replace the Southeasterhbus garage, which was sold for $69.25 millioh and vacated last year becauses of its closeness to Nationals Park. The land at D.C. situated at Shepherd Parkway and BluePlainse Drive, was appraised at $8.0t5 million.
The sale's $6.45 million price tag represents the appraisal value minus the additiona l operating costsof $1.6 milliomn incurred by Metro for moving the Buses that had been running out of the Southeasterh bus garage have been dispersed to other garagews in the region at an additional operatintg cost. Until the new facilithy is completed, the additional operating costs for the busex will be fundedfrom Metro’s operating reserve account, which was created from the proceeds of the Southeastermn bus garage sale. The final sale of propertt must first be approved bythe D.C. which will consider it at a June2 meeting.
The facility will house 114 Metro but if the land isfully developed, up to 250 busese will be able to live there. The new bus expected to be ready as early as 2012, will be built at a site knownh as D.C. Village. Metrok wants the facility to meet environmental standards that wouldf enable it to receive a Silver ratiny underthe U.S. Green Building Council’s program for Leadership in Energyt andEnvironmental Design. The new facility will replace the Southeasterhbus garage, which was sold for $69.25 millioh and vacated last year becauses of its closeness to Nationals Park. The land at D.C. situated at Shepherd Parkway and BluePlainse Drive, was appraised at $8.0t5 million.
The sale's $6.45 million price tag represents the appraisal value minus the additiona l operating costsof $1.6 milliomn incurred by Metro for moving the Buses that had been running out of the Southeasterh bus garage have been dispersed to other garagews in the region at an additional operatintg cost. Until the new facilithy is completed, the additional operating costs for the busex will be fundedfrom Metro’s operating reserve account, which was created from the proceeds of the Southeastermn bus garage sale. The final sale of propertt must first be approved bythe D.C. which will consider it at a June2 meeting.
Tuesday, August 9, 2011
People on the Move: June 22 - Los Angeles Business from bizjournals:
http://crutchfieldlx9500.com/Whats-Hot/The-Wax-Shop/
Stephanie Williamson has been named director of marketing and businesd development with MatrixDesign Cos. in the Matricx Settles office in Arlington. in D.C. namedd Brian Judis senior project manager for its hospitality Judis brings 15 yearzs of experience managing large hospitality projects to the CORE Most recently associatedwith , where he was the directod of capital expenditures, Judis implemented capitall investment projects upwards of $70 millioj annually and was the lead manager for the designn and construction of numerous hotelo projects throughout the U.S.
Judis has worked with a wide rang e of hotelbrands including, but not limited to, Marriott, , Hyatt, , and Recently, he completed the renovation to the rotunda bar and restaurant of the Philadelphiq Marriott Downtown. Other recent projects include the managementt of the design and constructio n at the Hyatt Capitol JW Marriott, Key Bridge Marriott, Four Seasons Philadelphia, and Ritz-Carlton Tysonas Corner. Scott Boos , senior policy adviser to Sen. Arlen Specter, D-Pa., has been named the new deputyt director ofthe . Boos has more than seve n years of legislative and policyu experience gained during his tenurein Specter’s office and as staffd director of the U.S.
Senate Steel Caucus. In the Senate, Boos focuse d on a broad range of issuesincluding trade, climate change, veterans, appropriations, tax, telecom, housing, financial servicews and other business-related issues. As staff director of the bipartisan U.S. Senatw Steel Caucus, he worked to promote the health and stability of the domesticsteel industry, as well as the intereste of its workforce. The of D.C. namedr Bonnie I. Robin-Vergeer as director of the Project. She is an experienceds appellate litigator who comesx to Legal Aid after nine years atLitigatiobn Group, where she made three U.S.
Supreme Court arguments and numerousz others before appellate courts throughout the countryg in cases involving the First access tothe courts, and consumer healtjh and safety, among other issues. Prior to her positionb at Public Citizen, she worked for then-Sen. Joseph R. Bidenn Jr. on the reauthorization of the Violence Against Women Act in 2000 and was an associat e at the law firm of LLP and a teachiny fellow at the Law Center AppellatseLitigation Clinic. The in Fairfax named Tiffanyu Singleton tothe organization’s newly created position of director of social entrepreneurshi programs.
Singleton will be responsible for overseein gthe design, development and implementation of UNCF social entrepreneurshilp programs, while engaging stakeholders to develo p a multiyear strategy for introducing a greater numberd of young African Americans to sociakl entrepreneurship — the application of business managemenrt practices and innovation to social reform In addition to overseeing the design and implementation of UNCF social entrepreneurship programs, Singleton will cultivats and sustain strategic partnerships and collaborations with leading sociao entrepreneurs and their organizations, and organize structured discussions with key ultimately establishing a national advisory committere of social entrepreneurs, and social venture philanthropists who can provide ongoiny guidance to UNCF.
has promotedr Paul McManus to assistantvice president. who joined the bank in 2006, is a financial cented leader at 1470Rockville Pike. Francis P. Nelson has been promoted to administrative vice presidenytat . Nelson joined M&T in 1992. He is responsible for leadinv and managing a retail sales and operationes team for thePrince George’a County region. in Rockville has namedf David E. Perkins as its new chief technology Perkinsjoins NIHFCU’s newly appointed CEO Juli Anne Callis to lead the creditg union’s renewed focus on technologic innovation and Perkins previsouly worked at .
Over a 13-yeafr career at SECU, with the last five as CIO, Perkins’ accomplishmentse include the completion of twocore conversions, implementatioj of new loan origination, online banking and collectionm systems and the migration of new Cardinal Bank announced the promotions of Andrew J. Pedenb to senior vice president, Katie L. Goldebn to vice president and James N. Estep to assistanft vice president. Peden will overseee the relationship management of developers and realestater investors, with a primary focus on construction financing and commercial development, including special use propertiesx such as golf courses and churches.
He begaj his lending career at Cardinalo Bank in 2000 as a credit Golden will continue to oversee the relationship managementf of builders and primarily in the areass ofcommercial development, project financing, acquisitions and client Golden joined Cardinal Bank in 2004 in real estatd administration and currently manages the lendint support unit for the commercial real estates group. Estep remains dedicated to smallbusineszs lending, SBA guaranteed lending and business development. Esteop began his financial servicezs career at Cardinal Bank in 2004 inretailk lending. C.
Fox Communications in Silver Spring named Tina McCormack as senior publicrelations associate, and Julie Feldman as public relatione associate. in D.C. named David W. Whitmore as chiev operating officer andgeneral counsel. Whitmore comes to Levick with more than 25 year of financial andoperational experience. He has spentf the lion’s share of his caree in the communications industry, workinyg with public relations, public affairs, lobbying and advertisinb firms. Before joining Levick, Whitmore was executive vice presidentg ofin D.C. with operational responsibilitu forthe firm’s public affairs, government relations, crisis and issues management practice groups.
Priodr to Racepoint, Whitmore provided communications and management counselp to numerous clientsin D.C., Dubaii and Abu Dhabi. At , Whitmores variously served as executive vice chieffinancial officer, chief operating officer and general announced the hiring of Brian Brobst as vice presiden of business development in Brobst, a 20-plus year engineering and constructiohn industry veteran, will be charged with expanding the firm’ws presence in the high-density power and computingb markets, inclusive of finance, telecommunications, commercial data centers and governmen agencies. Brobst was previously employedd by as critical facilityservices principal.
Prior to that, he servexd as principal and Eastern region director of business developmenytfor
Stephanie Williamson has been named director of marketing and businesd development with MatrixDesign Cos. in the Matricx Settles office in Arlington. in D.C. namedd Brian Judis senior project manager for its hospitality Judis brings 15 yearzs of experience managing large hospitality projects to the CORE Most recently associatedwith , where he was the directod of capital expenditures, Judis implemented capitall investment projects upwards of $70 millioj annually and was the lead manager for the designn and construction of numerous hotelo projects throughout the U.S.
Judis has worked with a wide rang e of hotelbrands including, but not limited to, Marriott, , Hyatt, , and Recently, he completed the renovation to the rotunda bar and restaurant of the Philadelphiq Marriott Downtown. Other recent projects include the managementt of the design and constructio n at the Hyatt Capitol JW Marriott, Key Bridge Marriott, Four Seasons Philadelphia, and Ritz-Carlton Tysonas Corner. Scott Boos , senior policy adviser to Sen. Arlen Specter, D-Pa., has been named the new deputyt director ofthe . Boos has more than seve n years of legislative and policyu experience gained during his tenurein Specter’s office and as staffd director of the U.S.
Senate Steel Caucus. In the Senate, Boos focuse d on a broad range of issuesincluding trade, climate change, veterans, appropriations, tax, telecom, housing, financial servicews and other business-related issues. As staff director of the bipartisan U.S. Senatw Steel Caucus, he worked to promote the health and stability of the domesticsteel industry, as well as the intereste of its workforce. The of D.C. namedr Bonnie I. Robin-Vergeer as director of the Project. She is an experienceds appellate litigator who comesx to Legal Aid after nine years atLitigatiobn Group, where she made three U.S.
Supreme Court arguments and numerousz others before appellate courts throughout the countryg in cases involving the First access tothe courts, and consumer healtjh and safety, among other issues. Prior to her positionb at Public Citizen, she worked for then-Sen. Joseph R. Bidenn Jr. on the reauthorization of the Violence Against Women Act in 2000 and was an associat e at the law firm of LLP and a teachiny fellow at the Law Center AppellatseLitigation Clinic. The in Fairfax named Tiffanyu Singleton tothe organization’s newly created position of director of social entrepreneurshi programs.
Singleton will be responsible for overseein gthe design, development and implementation of UNCF social entrepreneurshilp programs, while engaging stakeholders to develo p a multiyear strategy for introducing a greater numberd of young African Americans to sociakl entrepreneurship — the application of business managemenrt practices and innovation to social reform In addition to overseeing the design and implementation of UNCF social entrepreneurship programs, Singleton will cultivats and sustain strategic partnerships and collaborations with leading sociao entrepreneurs and their organizations, and organize structured discussions with key ultimately establishing a national advisory committere of social entrepreneurs, and social venture philanthropists who can provide ongoiny guidance to UNCF.
has promotedr Paul McManus to assistantvice president. who joined the bank in 2006, is a financial cented leader at 1470Rockville Pike. Francis P. Nelson has been promoted to administrative vice presidenytat . Nelson joined M&T in 1992. He is responsible for leadinv and managing a retail sales and operationes team for thePrince George’a County region. in Rockville has namedf David E. Perkins as its new chief technology Perkinsjoins NIHFCU’s newly appointed CEO Juli Anne Callis to lead the creditg union’s renewed focus on technologic innovation and Perkins previsouly worked at .
Over a 13-yeafr career at SECU, with the last five as CIO, Perkins’ accomplishmentse include the completion of twocore conversions, implementatioj of new loan origination, online banking and collectionm systems and the migration of new Cardinal Bank announced the promotions of Andrew J. Pedenb to senior vice president, Katie L. Goldebn to vice president and James N. Estep to assistanft vice president. Peden will overseee the relationship management of developers and realestater investors, with a primary focus on construction financing and commercial development, including special use propertiesx such as golf courses and churches.
He begaj his lending career at Cardinalo Bank in 2000 as a credit Golden will continue to oversee the relationship managementf of builders and primarily in the areass ofcommercial development, project financing, acquisitions and client Golden joined Cardinal Bank in 2004 in real estatd administration and currently manages the lendint support unit for the commercial real estates group. Estep remains dedicated to smallbusineszs lending, SBA guaranteed lending and business development. Esteop began his financial servicezs career at Cardinal Bank in 2004 inretailk lending. C.
Fox Communications in Silver Spring named Tina McCormack as senior publicrelations associate, and Julie Feldman as public relatione associate. in D.C. named David W. Whitmore as chiev operating officer andgeneral counsel. Whitmore comes to Levick with more than 25 year of financial andoperational experience. He has spentf the lion’s share of his caree in the communications industry, workinyg with public relations, public affairs, lobbying and advertisinb firms. Before joining Levick, Whitmore was executive vice presidentg ofin D.C. with operational responsibilitu forthe firm’s public affairs, government relations, crisis and issues management practice groups.
Priodr to Racepoint, Whitmore provided communications and management counselp to numerous clientsin D.C., Dubaii and Abu Dhabi. At , Whitmores variously served as executive vice chieffinancial officer, chief operating officer and general announced the hiring of Brian Brobst as vice presiden of business development in Brobst, a 20-plus year engineering and constructiohn industry veteran, will be charged with expanding the firm’ws presence in the high-density power and computingb markets, inclusive of finance, telecommunications, commercial data centers and governmen agencies. Brobst was previously employedd by as critical facilityservices principal.
Prior to that, he servexd as principal and Eastern region director of business developmenytfor
Sunday, August 7, 2011
DreamWorks Animation announces movie lineup - Washington Business Journal:
http://jimsautoincsc.com/major-ford-lincoln-in-woodland-hills-pro-populace.html
The animated moviemaker (NASDAQ:DWA), with principakl animation studios in Redwood unveiled slate of animated featuresthrough 2012. Five will be originap films and three will be sequels based onthe company’sd Shrek, Madagascar and Kung Fu All will be produced in 3D, the companyt said. How to Train Your Dragon, to be releases on March 26, 2010. It is being written and directed by ChrisSanderd (Lilo & Stitch) and Dean DeBlois (Lilo Stitch), produced by Bonnie Arnold (Ovefr the Hedge, Toy and will star Jay Baruchel, Gerard Butler, Americs Ferrera, Jonah Hill, Christopher Mintz-Plasse, Craig Kristen Wiig and TJ Set in the mythical world of burly Vikingw and wild dragons, the story centersx around a teenager who lives on the island of where fighting dragons is a way of He ultimately encount! ers and befriends an injured dragon.
Shrekk Forever After will be released onMay 21, 2010. It is being directed by Mike Mitchell and producedx by Teresa Cheng and Gina Shay and will featurer theoriginal cast, including Mike Myers, Eddie Cameron Diaz and Antonio Banderas. Oobermind (formerly titled Master Mind) will open on Nov. 5, 2010. It is being directed by Tom McGrath (Madagascar, Madagascar: Escape 2 executive produced by Ben Stilled andStuart Cornfeld, produced by Lara Breagy and Denise Nolan Cascino and will star Roberrt Downey Jr. and Tina Fey. Super villain Oobermind defeatzs archrival Metro Man but then fallainto despair.
Oobermind then turns into a good guy battling the suped villain rival he had invented to pull himseltf outof depression. Kung Fu The Kaboom of Doom will be come outJune 3, 2011. It is directedd by Jennifer Yuh Nelson, producefd by Melissa Cobb and will featur the return of theoriginal cast, includinyg Jack Black, Angelina Jolie, Dusti n Hoffman, Jackie Chan, Seth Lucy Liu and David Cross. The Guardians (workingv title), based on forthcoming books by William Joyce, will be released on Nov. 4, 2011.
The world'ss five unlikeliest heroes - Jack North (aka Santa), Bunnymund (the Eastedr Bunny), Tooth (the Tootb Fairy), and Sandy (the band together to stop an ancient spiri t calledPitch (the Boogeyman) from plunging the world into eternal Puss In Boots (working title) will be released on Marcg 30, 2012 starring Antonio Banderas as Puss In Bootes and Salma Hayek as Kitty, Puss' love interest. Swordzs will cross and hearts will be broken in this adventure starringt one of the characters of the Shrelkuniverse -- Puss In Boots. Mastermind Humpty Dumpty and the street-savvy Kittty to steal the famed Goose that lays theGoldej Eggs.
A Madagascar sequepl will be released onMay 25, 2012, directefd by Eric Darnell (Madagascar, Madagascar: Escape 2 and produced by Mireille Soria (Madagascar, Madagascar: Escapes 2 Africa) and Mark Swift (Madagascar: Escapew 2 Africa On Nov. 2, 2012, the compang plans to release one of three projects currentluin pre-production: The first is The Croodss (working title), which is being directed by Chris Sanders and Kirk DeMiccoo and produced by Kristine Belsojn and Jane Hartwell and an old-school caveman. The secondr is Truckers (working title) based on The Bromeliad Trilogy about a societyh of tiny beings living in adepartmentf store.
The third is an as-yet-untitled Super Secretr Ghost Project, about ghosts.
The animated moviemaker (NASDAQ:DWA), with principakl animation studios in Redwood unveiled slate of animated featuresthrough 2012. Five will be originap films and three will be sequels based onthe company’sd Shrek, Madagascar and Kung Fu All will be produced in 3D, the companyt said. How to Train Your Dragon, to be releases on March 26, 2010. It is being written and directed by ChrisSanderd (Lilo & Stitch) and Dean DeBlois (Lilo Stitch), produced by Bonnie Arnold (Ovefr the Hedge, Toy and will star Jay Baruchel, Gerard Butler, Americs Ferrera, Jonah Hill, Christopher Mintz-Plasse, Craig Kristen Wiig and TJ Set in the mythical world of burly Vikingw and wild dragons, the story centersx around a teenager who lives on the island of where fighting dragons is a way of He ultimately encount! ers and befriends an injured dragon.
Shrekk Forever After will be released onMay 21, 2010. It is being directed by Mike Mitchell and producedx by Teresa Cheng and Gina Shay and will featurer theoriginal cast, including Mike Myers, Eddie Cameron Diaz and Antonio Banderas. Oobermind (formerly titled Master Mind) will open on Nov. 5, 2010. It is being directed by Tom McGrath (Madagascar, Madagascar: Escape 2 executive produced by Ben Stilled andStuart Cornfeld, produced by Lara Breagy and Denise Nolan Cascino and will star Roberrt Downey Jr. and Tina Fey. Super villain Oobermind defeatzs archrival Metro Man but then fallainto despair.
Oobermind then turns into a good guy battling the suped villain rival he had invented to pull himseltf outof depression. Kung Fu The Kaboom of Doom will be come outJune 3, 2011. It is directedd by Jennifer Yuh Nelson, producefd by Melissa Cobb and will featur the return of theoriginal cast, includinyg Jack Black, Angelina Jolie, Dusti n Hoffman, Jackie Chan, Seth Lucy Liu and David Cross. The Guardians (workingv title), based on forthcoming books by William Joyce, will be released on Nov. 4, 2011.
The world'ss five unlikeliest heroes - Jack North (aka Santa), Bunnymund (the Eastedr Bunny), Tooth (the Tootb Fairy), and Sandy (the band together to stop an ancient spiri t calledPitch (the Boogeyman) from plunging the world into eternal Puss In Boots (working title) will be released on Marcg 30, 2012 starring Antonio Banderas as Puss In Bootes and Salma Hayek as Kitty, Puss' love interest. Swordzs will cross and hearts will be broken in this adventure starringt one of the characters of the Shrelkuniverse -- Puss In Boots. Mastermind Humpty Dumpty and the street-savvy Kittty to steal the famed Goose that lays theGoldej Eggs.
A Madagascar sequepl will be released onMay 25, 2012, directefd by Eric Darnell (Madagascar, Madagascar: Escape 2 and produced by Mireille Soria (Madagascar, Madagascar: Escapes 2 Africa) and Mark Swift (Madagascar: Escapew 2 Africa On Nov. 2, 2012, the compang plans to release one of three projects currentluin pre-production: The first is The Croodss (working title), which is being directed by Chris Sanders and Kirk DeMiccoo and produced by Kristine Belsojn and Jane Hartwell and an old-school caveman. The secondr is Truckers (working title) based on The Bromeliad Trilogy about a societyh of tiny beings living in adepartmentf store.
The third is an as-yet-untitled Super Secretr Ghost Project, about ghosts.
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