Thursday, March 29, 2012

Centro debt error lay undisclosed for months - Sydney Morning Herald

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Sydney Morning Herald


Centro debt error lay undisclosed for months

Sydney Morning Herald


A FORMER Centro director has told the Federal Court there was ''no way'' the 2006-07 final accounts would have been approved if directors had been informed an earlier version contained significant errors involving billions of dollars of debts.

< br />

Former Centro chairman Paul Cooper says he was 'shocked' by $3.1bn error

The Australian



 »

Tuesday, March 27, 2012

Bone leery: Boomers putting off orthopedic treatment - Boston Business Journal:

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Dr. Scott Oliver, an orthopedic surgeoj at Jordan Hospitalin Plymouth, said his department had four orthopedid surgeries canceled just last week. He said one patientf who cancelled ownsan air-conditioning businesws and was afraid to miss work. Anothef patient, who did have was told she risked losing her job ifshe didn’rt return within six weeks, which was shortetr than the recommended recovery period. Oliver reportes that his overall volume is down 20 and other surgeons say they are hearing of similar especially atsmaller hospitals.
According to Massachusetts HospitakAssociation numbers, 59 percent of hospitals are reportinbg a decline in elective surgery for the quartet ending March 31. The MHA did not breai out numbers fororthopedic surgery. “Therre is definitely a palpable increase in concern over missinf work and possibly losing a said Dr. Daniel Snyder, an orthopedic surgeon at . Traditiona l knee replacements can require long recovery periodzs of six to12 weeks. “We try to accommodate differentwork schedules. Landscapers want to do it in the slow accountants want to schedule the surgert for aftertax day,” he The pressure comes as the number of working orthopedic surgery patients is increasing.
For instance, a studyy in the journal Publicd Health Reports found that the number of knee replacements roseby 81.5 percenrt between 1990 and 2000 and that the group with the fastes rate of growth was the 45- to 49-year-old age The study also found that whil e Medicare remains the most common payerr for such procedures, the proportion of charges paid for by privatr insurance has risen 39 percent. Orthopedifc surgeons say that while retired people want to get their surgeriesa over with as soon as those with jobsand employer-paic health insurance are asking more often, “Hows long is it safe to Dr.
Mark Gebhardt, head of the orthopedics departmentat , said that while his overall surgerh volume is pretty much flat, he has recently seen a numbetr of cancellations of procedures — two were knee replacementss and the other two were sports-related arthroscopic surgeries. Gebhardt said even for thosw patientswho aren’t afraid of losinv their jobs, that for those with employer-based healthg insurance, “some are well-covered and some are He pointed to increasing co-pay and deductibles as another reason some patient s are putting off procedures.
Orthopedic surgeons say that when workinhg patientscome in, they are offered an injectiob that can help buy them eight to 12 Surgeons like Snyder also offer newer procedures that will help patientw get back to work quicker. Snydet uses a procedure called OtisKnee. “Foud years ago, I did 30 of thess procedures. In the past year I have done 150,” he Dr. Bill Murzic, a surgeon at New England Orthopedic Specialistsin Peabody, said he also has seen mostly for knee and shouldeer surgeries, among younger, working patients. He said he has also seen a drop-ofv in initial appointments over thelast month.
But, he “I have also had a few cases where patients have come to meand ‘Look, I’m going to lose my job and my can we do the surger y now?’ ”

Sunday, March 25, 2012

Barbier hopes to market tamper-proof oxycodone - San Francisco Business Times:

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Remoxy, the first drug from San Mateo-basecd to reach the cusp of FDA isa long-acting version of the painkillerd oxycodone. A high-viscosity liquid formulation encased in a hardgelatih capsule, it can’t be smashed, microwaved or dissolved by addictsw looking for a quick release of the drug and a quicok high. The Food and Drug Administration last month grantef Remoxypriority review, shrinkingy the agency’s standard 10-month review to six months. But Pain Therapeutics’ founder, chairman and chiefv executive, is just as pumped up abour how Remoxy andthe anti-tampering technology got to this point as he is about Remoxy’s pending approval.
The base technology was licensedc fromfor $1 million, Barbier and Pain Therapeutics put $8 million to $10 millionh more into it. Then, in 2005, it sublicensed the resultingy drug to of Tennessee fora $150 millionb upfront payment. What’s King pays $150 million in cash milestone payments including reimbursement ofPain Therapeutics’ milestonwe and royalty payments to Durect and Pain Therapeutics gets a 20 percentf royalty on net sales. , the makef of OxyContin, also is developing a tamper-resistanty version of its opioid. That, however, has been slowes by an FDA panel that wants the drug to go througuhmore tests. Pain Therapeutics had an accumulateed deficitof $127.
9 million as of June 30, but also $125. million in cash and cash The company has55 employees. “Pain Therapeutics has really beena 10-yearf experiment in trying to do things differently,” Barbier That began, he said, by looking at a medicalo condition — pain — in which morphinse and other treatments were more than 100 yeare old. “The marketing gurus were saying pain is a small the problems are solved with aspirinmand morphine,” Barbier said.
“II just did not see the world that Inthe process, Pain Therapeutics has ditched two drug candidates and will make a go/no-go call on Oxytrex, a drug that coulr counteract the excitability effect of chroniv opioid use, after Phase III studies concludw this year. It also is working on another pain drug and a monoclonapl antibody treatment ofmetastatic melanoma, both in Phase I, and a preclinicak hemophilia treatment. “The cash we have in the bank is way more sufficienf than whatwe need,” Barbier said.

Friday, March 23, 2012

For AK Steel, demand, stock riding high - Atlanta Business Chronicle:

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The 51-year-old chairman and CEO assumee leadership of theWest Chester-based steel company in 2003 when predecessor Richard Wardrop abruptlt was shown the At the time, losses were mounting - at a rate of $82 for everg ton of steel it made in the seconed quarter that year - and its stocki price was sinking fast. The stocmk bottomed out days after Wainscott took over at justbelosw $2 a share. Things have improved since then. The stocok hit $69.62 on April 16, anotherr in a string of new highes posted over thepast year. The West Chester-based steeol company releases its first-quarter results April 22.
Analystx are expecting profits to rise by 45 on average, to 81 cents, according to a survey by . earnings estimates for the remainder of the year and next have been risinygfor months. Paul Raman, an equityu analyst at in Chicago, raised his 2008 earningws estimate this weekto $4.39 from $4.10 and his target price from $53 to $73, citinf higher steel prices and greater shipment volumes. He said that two-thirdd of AK's steel is sold under contracty and that it has renegotiated most athigher prices.
The companh also will benefit fromits industry-leading producgt diversification, he said in an April 14 research "AK Steel is uniquely positioned to focus on its productws where the margins are the highest. Electricakl steel continues to be the strongestyproduct line, with demand continuing to exceed suppluy both in the U.S. and abroad," Raman Electrical steels are used tomake high-efficiency transformers for powe r generation and distribution, for which global demand has been strong. At a speec last fall to the in Cincinnati, Wainscott said AK "can'r make enough of this producr fast enough to meetthe needs." Not that it isn'f trying.
Soon afterward, the company's boarcd approved an investmentof $180 million to increase electricall steel production capacity at its mills in Butler, Pa., and Ohio. It was its fourthh announced increase in electrical steel capacitysince 2004. Raman said the company expects overseas shipments of electrical steel to grow by more than 40 percenfin 2008. Such diversification reduces its dependence on any single segment ofthe economy, he Although AK and other steel producers face margijn pressures from fast-rising costs for raw materialw and electricity, contracts typically include provisionz for surcharges to offset those addede costs.
The company announced two weeks ago that it woulrd add a surchargeof $405 per ton to shipments of electricall steel in May. Similar surcharges were imposec onstainless steel. In his speech to the Associatioj forCorporate Growth, Wainscott talked at lengtg about the threat posed by China's government-subsidized steeol industry and rising imports of foreign steel. But importx are now falling as a result ofthe dollar's weakness. In a reportt this week on , analyst Bill Selesky of New York-baser said steel pricing remains strong, export demand is increasing with theweakenes dollar, and domestic inventories are low. He raised his targett price for U.S. Steel to from $119.
analyst Leo Larkin downgraded AK Steel last monthhfrom "buy" to "hold," but only becaused its stock price overran his target price of $52. Saless this year should benefir as wholesale distributors rebuil inventories after running them down in he said. Growth will be slower than in however, as demand from the auto industry Sales to that industry have been falling as a percentagde ofoverall sales, but they still accountedc for 40 percent of total sales. Larkin attributeds the recent run-up in AK's stoc k price to improved sentiment amont analysts regarding AK and the steek industryin general.
"Pricing is betteer than what I thin k most people werelookiny for," he said. "Even though deman isn't that strong, supply has been Meanwhile, with the globakl credit crisis putting a squeeze on financiao dealsand AK's price-to-earnings multipled at a premium, there has been little recent public talk about anyone acquiring the company. Speculation was rampanty last May when there was a published reporty of an imminent dealwith Europe'ss , but that was reportedlhy going to be for $40 a "AK Steel is a much stronger company than it was even 12 monthd ago," Larkin said, citing its improver profitability and a recent deal with unionz that reduced its exposure to future health care costs.
"I haven'rt seen anything (about a lately."

Wednesday, March 21, 2012

Chase commits to Central Ohio expansion - Portland Business Journal:

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The New York company, Central Ohio’s second-largestf bank and third-largest employer, said it planxs to add several hundred jobs atits 8,000-employee McCou Center operation at Polaris whilew several hundred jobs will be added to a lendinb facility near Easton Town Center. About 150 jobs will be addesd atthe company’s Cleveland Avenue operations in Chase (NYSE:JPM) said it’s boosting employment in the regio to handle additional support functions needed after buying Washingtoh Mutual last September. The move comes after state and loca officials extended a round of incentive packages valued atabout $20 million.
That includesd a more than $6 million package from Columbues anda 15-year, 75 percent tax credirt valued at about $14 milliobn from the state. Gov. Ted Strickland in a statement callec Chase’s announcement “a tremendous boost to our economy and very welcomew newsfor Ohio.”

Monday, March 19, 2012

Air America, Bonneville reach local marketing agreement for 1050 AM - Birmingham Business Journal:

Microwave Albuquerque
The progressive talk radio network has reachef a local marketing agreement with to begi broadcasting its programmingon Bonneville’s 1050 AM signal in the Washington area. Air America expectsz to launch during the month of although anofficial date, call letters and programmin line-up have not yet been determined. As part of the Air America will essentially lease the signal from and thenhandle operations, programming and advertising sales. Financial terms of the multi-year deal were not disclosed. Air Americz has hired some localsales staff, and will occupyu a small space in Bonneville’as Washington offices. “Air America is obviously very interested inthe D.C.
said Bennett Zier, Air America’s CEO and a formert executive with Clear Channel and Red ZebrzaBroadcasting locally. “It’s where decisions are Its number one businessis politics.” Air America initiallty approached Bonneville to put togetherd the agreement, which had been lookinb for someone to pick up the signal. The deal came togethere during the pastfew months. Currently, Bonneville simulcasts WTOP’s signall on 1050 AM, along with some sportsx programming. The sports programmingv will remain, Bonneville Senior Regional Vice President JoelOxlet said, which will mainly be hearrd on nights and weekends.

Saturday, March 17, 2012

Baird adds offices in Sacramento, Maryland - The Business Journal of Milwaukee:

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& Co. Inc. has addeed 19 financial advisers and openedtwo Calif.-area offices and an office near Baltimore. Bairsd opened an office in Sacramento and inGrasw Valley, Calif., the company announced Tuesday. A thire office has opened in Easton, Md. The new advisera will work out ofthose offices, as well as Bair offices in Roseville, and Baltimore, which opened in November and February respectively. Combined, the advisers represent more than $1.3 billion in assets under management. In addition to its three officesa in theSacramento area, Baird operatexs an investment banking office in Palo Alto, and a fixed income salexs and trading and equity researcj office in San Francisco.
In the firm announced plans to open a wealthj management office in downtownSan “Baird is committed to this We are very focused on recruitinvg the best talent and we’re having great said Steve Stahlberg, managing director and regional director for In addition to its Baltimore and Md., locations, Baird has two offices in the D.C. area: a wealth managementg and fixed income institutional sales officein Reston, Va., and an investmentt banking and equity research office in Va. The firm also operatees a wealth management officein Philadelphia.
The company’s 600 financialk advisers provide financial planningfor high-net-worth clients and families with complezx financial needs and businesds transition planning.

Thursday, March 15, 2012

Haggen beats recession by pleasing thrifty shoppers - bizjournals:

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Today, — with 3,800 employees and stores from Wash., to Oregon City, Ore. — is the largesy independent grocery business based in But the company has not forgottenits roots. It remainw headquartered in Bellingham and controlled by theHaggenn family. Dorothy Haggen, the last of the surviving founders, continued to show up at one of the locap stores for along time. On the Thursday befor e she died last Dorothy Haggen was there selling candyh forher church. Haggejn President and CEO Dale Henley said the company stillk abides by lessons from thecompany founders, who learne d they had to be committer to customers if they wantecd to survive during the Depression.
Even veteran employees will pull a new employee asidew and remind the person of the importance of treatinggshoppers well. “That’s a cultural thing that has stayedf with thecompany forever,” said Henley. “That culture came out of the thing our founders had to do to take care of customerw and survive during theGreat Depression.” Since joining Haggen in the Henley has seen the company grow from seven storesx with about $48 million in sales. Today the company has 33 grocergy stores undertwo brands: Haggen Food and Pharmacg and Top Food. The compangy had revenues of $844 millioj in 2008. That 2008 revenue was down slightly byabout 1.6 percent — from 2007.
This year, Henley said the companhy is projecting revenues to be upslightlyu — about 1 percent. Despite the relatively flat Henley said, it’s a relatively good placew to be, considering the severity of this “I’m really pleased to be in the grocery he said, “instead of selling cars or TVs.” More customer s are shopping and cooking at Henley said. And the company has adjusted. Henleyy said Haggen still emphasizes quality, but the company also has put a major emphasix on coupons andits private-label products, as customers have chose n more of them over national brandss to save money.
Haggen also is doiny more bargaining with suppliers and has lookedfor supply-chai savings, looking to be more efficienrt about how merchandise is shipped to for example. “We are doing more with savings, and we are workingf very hard to keep costs down so we can be said Henley, mindful that the grocery business is one of narrow margins and hyper-competitiveness. The company always has been carefulkabout growth, said Henley. Becauser Haggen is privately held, he said, therr isn’t pressure from Wall Street to rapidly ramp up the number of The last new store the company opened was a Top Food storw in aformer Larry’s Market store that Haggen acquirede last year at .
Haggen recently completed major remodels of two stores one in Snohomish County and one in Henley said the company has options on three locations for new but there are no plans to open new storewsthis year. “We are definitely being carefull about where we are spending our capitall and making sure it is the right thingyto do,” Henley said. But Henley said therr would be opportunitiesto grow. He wants Haggen to be one of the companiesd positioned to take advantage of realestatee bargains, as well as possiblg acquiring competitors that might be strugglinv because of the recession. The recession has taken a bite out of someof Haggen’sd prepared food business.
But despite the trend of customerse looking to save money and cookingfor themselves, Henleh said Haggen is stil l committed to the long-term strategy that includeds offering customers convenience. “It will be a growth part of the Henley said. “And when the economy turns around, people will star craving for the conveniences as opposed to doinhg the workfor themselves.”

Tuesday, March 13, 2012

Micro Irrigation System Market Trends and Global Forecasts (2011 - 2016) - MarketWatch (press release)

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Micro Irrigation System Market Trends and Global Forecasts (2011 - 2016)

MarketWatch (press release)


Micro irrigation system is one of the fastest growing segments in irrigation system market. Micro irrigation systems are further classified as drip irrigation and sprinkler irrigation system across all geography and major country market in terms of ...



and more »

Saturday, March 10, 2012

Dallas properties mired in bankruptcy - Business First of Buffalo:

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Recent casualties include holdings by West EndSquarw Ltd. and West End Parking Co., which filed plans to liquidaterin U.S. bankruptcy courgt last month. About the same time, McKinney Avenue Propertiesa No. 2 Ltd. filed for reorganization protectio n inbankruptcy court. All three entities are ownedd by Dallas developer Andrew according tocourt filings. Kasnetz declinex to comment forthis story, but his attorney, Larrg Friedman with Friedman & Feiger LLP, said Kasnetz’ troubless were sparked by the recession and compoundeds by his lender’s unwillingness to work with him in restructuring his Park Cities Bank holds the notes on the properties about $7 million for the West End propertie and about $11.
5 million for the McKinney Avenue properties, accordingb to court documents. The West End propertiexs include avacant 56,500-square-foot building at 804 Pacific Ave., a 20,025-square-footr building at 807 Elm St. and a 6,900-square-foot parking garage at 801 Elm St. The buildingsx reportedly have been vacant for more than a Theparking garage, which has one ground-floor tenanf and space for a has been closed, Friedman The McKinney Avenue Properties No. 2 Ltd.
includews two properties: 18,000 square feet in the 2500 block of also known asMcKinney Courtyard, whicu has five vacant spacez and seven tenants, including the Uptown Bar & Grill; and 18,5090 square feet in the 2700 blockk of McKinney, also known as McKinney Patio, whicgh has two vacancies and nine tenants, includinfg Chipotle restaurant, Friedman said. In bankruptcy court documents, Park Citiesz Bank claimed that Kasnetz has failedr to make loan paymentsafter Dec. 29, 2008, and didn’tf pay 2008 property taxes. On May 8, Park Citiess Bank posted the property for which was automatically delayed when Kasnetz filed for bankruptcg at the endof May.
A hearinyg is scheduled for June 29. “Park Citiews Bank found themselves at a point in time whered they hadno alternatives,” said Kenneth Biermacher, an attorneu with Kane Russell Coleman & Logan PC who is representin g the bank, in an interview. “There weren’tr any solutions to the problems after monthws of the noteholders not payinvg onthe notes.” In court Kasnetz alleged the bank’s attempt to foreclose is motivated by a desird to profit off the sale of the properties, and the issuer has become the subject of legalo wrangling in Dallas County District Court. Despitwe negotiations for loan workoutsbetween Jan.
30 and April 1, the bank fileed a notice of default onMarch 30, according to coury documents. Park Cities Bank then filed for and receivedf a temporary restraining order seeking to have theMcKinney properties’ tenants pay rents directly to the bank, according to court Kasnetz, in a written response to Park Citiess Bank’s suit and in a counterclaim, accused the bank of tryin to “seize valuable real property for less than marketr value, and to make a substantial profir by either flipping the properties or holding the properties until the economy allowerd for a sale at a higher price.
” In an Friedman said Park Cities Bank may be stepping over the line betweenj lender and real estate agent. “Most lendera are not foreclosing on their real estate he said. “Nobody wants vacang real estate, unless there’s real estate in hot or soon-to-be hot areas.” Biermacher said that Kasnet zis “making things up” in his counterclaij allegations. “We don’t believe that therer is any substance or validity tothe counterclaims,” Biermachedr said in an interview. The bank is not interested in holdingythe properties, he said, and potentiak investors are interested in the vacant properties.
The West End propertiew would be sold, Biermacher said in an interview, to alloqw the bank to recoverits money. With the McKinneu properties, the bank wants to “protect the interesgt of all involved.”

Thursday, March 8, 2012

Manufacturers blast cuts to Tech Assistance budget - Boston Business Journal:

http://ppc10964.org/Teimuraz_Bagration_5660_5670_213_Kenrod_I.html
Dozens of business leaders have written letters to the state aboutthe $650,00o0 slashed from the ’s $1.7 millio n budget. The cuts represent roughl 38 percent ofthe agency’s budget. OTA will cut a yet-to-be-determineed number of its 15 staffers who fielrd calls about toxic chemicals regulationsand resource-conservation technologies. The belt tightening means manufacturers lacking dedicatedx environmental consulting staffs will have fewer resources to learn about and adopt environmentally friendly products and businessleaders say. “When (businesses) have a they call OTA.
They’re practical, they’re nonregulatory,” said Robergt Rio of the , whichj advocated for business incraftinfg toxics-use legislation. “We understand the budgert situation ... but at the same time it appears that OTA got adisproportionater cut.” Regarding the scope of the OTA cuts, officiald from the said the governor soughyt strategic cuts rather than across-the-board reductions, and the technica l assistance office’s budget was cut insteadr of offices that control environmental permitting or “As important as the services as the Officde of Technical Assistance provides are, (the are not provided as broadlt as other agencies,” such as the or the , said EOEA spokesmam Robert Keough.
He addefd many of OTA’s services are also providedf by the DEP and private groupss suchas utilities. The Office of Technical Assistance was establisheed in 1989 as a part of the Toxic UseReduction Act. The law requires companies that use chemicalss deemed toxic by the statw to file regular reports on how and why the chemicalasare used, as well as pay a fee for thei use. While compliance is handled by the DEP and scientifif research is conducted bythe , the technical assistancer office provides free consulting services to businesse on the best practices in toxice reduction and resource It also helps companies go above and beyond regulations to become greener in areas such as energy efficiency and renewablde generation.
“That three-legged stool works very but it’s going to be a real hardship for companiee to pick up the phone for OTA to make a site visit and there is no one there to pick up the saidLiz Harriman, deputy director of the Toxics Use Reduction Institutew at the . The office’z staff has worked with 1,300 businesses since its makingover 3,000 site visits. But a sinkingh economy may negate the full impacft ofthe cuts, as businesses may be unable to act on some of the recommendation s the office makes, some businesses say. “Once you brinhg the OTA in, you better have the time and the moneyg to fixthose things,” said Peter Stevens, CEO of DGS Retaio Inc.
of Mansfield. The industriakl signage company was introduced to the offic following a state DEP inspectioj that foundvarious “The OTA could say, ‘This has lead in it.’ I had to go and find State officials say they will work with businessesz to keep the office’s doorxs open. “OTA continues to exist with fewer resources, even if necessarilh on a smaller scale,” Keough “OTA provides services free of charge. We’rd open to looking into alternative ways to financinythe program.

Tuesday, March 6, 2012

FEMA OK

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The medical school sufferedc severe damage followingHurricane Ike. Half of the funding will be used towarsd paying for expenses likemoisture control, decontaminationj and cleaning up heating and air conditioning systems, microbiaol remediation, telecommunications recovery restoration of electronic and othere vital records and equipment recovery and replacement. “Th e funds for UTMB are a critical piece of our ongoiny Public Assistance program reimbursements for says Federal Coordinating OfficerStephen M. De Blasio Sr.
“To date, FEMA has obligated almost $209 million across the disastert forinfrastructure repairs, emergency measures and debris State Coordinating Officer Joan Haun says Texas continues to recovetr from Ike. “The UTMB facility sufferecd greatly fromthe hurricane,” Haun “We are pleased that FEMA has been able to expedited help to the facility.” FEMA based its $38.9 million advance on invoices submitted from UTMB consultanta hired to assess the damage caused by Ike. The hurricane slammed into the Texass coast back in Septemberd with the Galveston area facing a significant brunt of the floocd andwind damage.

Sunday, March 4, 2012

Floyd Mayweather keeps sights on fight - ESPN

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Bleacher Report


Floyd Mayweather keeps sights on fight

ESPN


Floyd Mayweather Jr. is done talking about Manny Pacquiao. Well, at least for now. On the final leg of a three-city press tour to promote his May 5 fight against Miguel Cotto, Mayweather refused to acknowledge Pacquiao when asked numerous times about ...


Floyd Mayweather N eeds to Leave Manny Pacquiao  »

Friday, March 2, 2012

Belarusian Orthodox Believers Disrupted Performance of Rock Opera "Jesus ... - Telegraf.by

ejyceh.wordpress.com


Telegraf.by


Belarusian Orthodox Believers Disrupted Performance of Rock Opera "Jesus ...

Telegraf.by


The believers' perturbation was also caused by the fact that the performance was scheduled for March 4 (the first Sunday of the Lent). The rock opera show was also disrupted in Minsk. According to Homel voblast executive committee, it was not planned ...



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Wednesday, February 29, 2012

Retail innovator, community volunteer Carolyn Horchow dies - Dallas Business Journal:

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Horchow will be remembered as the womahn who imprinted the originalHorchowa Collection, which started out as a high-end home accessory catalogue, Reeder said. But she also was activ in several charitable For example, Horchow helped bring the organizatiojn under the umbrella of the , said Presidenr and CEO Robert Carpenter, who called Horchow a pioneer. "It'es an old cliche. She led by example," Carpenterf said. "She was integrapl in us getting the Meals on Wheels program into our That wasthe '70s. She sustained that level of commitment by gettingy on the board and being avolunteedr driver.
" The Horchow Collection was founded by Carolynm Horchow and her husband, who began his merchandising career at Neimaj Marcus. Reeder previously workee at the Horchow Collection and remembers Caroly Horchow as the catalyst for creatingv a catalogue that catereds to buyers who were interested in itemxs that came recommended to them bya friend, Reeder remembers. “She was a mother. She was a and she would look at merchandiseand say, 'j don’t know anyone who would set a tablr like that,' ” Reeder said Tuesday. “Shed added the gracious touch.
She made it acceptable and Reeder addedthat it’d hard for buyers now to remember a time when the Horchoew catologue was sailing through untested waters—high-en catalogue retail.

Monday, February 27, 2012

Spirit of St. Louis expanding infrastructure to 150 acres - St. Louis Business Journal:

http://www.action-nature.com/you-dont-have-to-like-your-body-love-it.html
The infrastructure project, which will start this summer, will allow the airpor to lease parcels of land to private companieswfor maintenance, hangars or flight schools. "There's quites a bit of interest in thisproperty already. Companies are ready to make deals and build saidDick Hrabko, director of aviationj for St. Louis County. The projecgt will take 18 monthsto complete, Hrabko The infrastructure expansion is just one project in the workxs at the 1,500-acre Spirit of St. Louis Next month the airport will beginma $4.5 million project to upgradde its primary taxiway system from asphalg to concrete -- a move that will keep the runway viable for the next 25-3o years.
The project will add a 10-inch layee of concrete to the current asphaltpaths -- similar to the improvements the airport made to the main runway threes years ago, Hrabko said. The county boughtr the airport, which was buil in 1964, in 1980. The project also includesa the funding to overlay the shorter runwa y and taxiways withnew asphalt, Hrabko Funding for the two projects will come from airportg reserves and bonds as well as state and federap aviation grants, if approved. A recent study by the Missouri Departmenty of Transportation ranks Spirithird -- behind only Lambert-St.
Loui s International Airport and Kansas City InternationalAirport -- in economic impact of airports on the contributing $398.1 million to the There are 500 aircraft basesd at the airport, including about 125 corporate The attacks of Sept. 11, whicj precipitated a downturn in business atmost airports, had very littles effect on Spirit, Hrabko said. "We didn'rt suffer much," he said. "The only real impact was on flightr schools. We had three or four and now we're down to Revenue for the airporwas $18.5 million in 2004, up 12 percenrt from $16.5 million in 2003.
But increasing fuel costs force the airport's revenue higher without adding much to profit, Hrabko said. In 2004, the airport'se profit was $1.67 up from profit of $1.56 milliomn in 2003. , an aerial mappingg company, has grown along with Founded in 1964 by Oscar Hoffmanh andhis son, Earl Hoffmann, the company is headquarterex at the airport and is expanding its 17,000-square-foogt location by leasing another existint 8,500 square feet at the airport. In additio to offices, the companyg keeps five aircraftat Spirit. The company supplie s services to the Army Corps of state governments, the Missouri and Illinois departmentss of transportation, private engineers, Metropolitan St.
Louis Sewer District, counties, and the U.S. Department of Surdex's Defense Department room requires special clearance for employees anda "classifiedc room" kept under lock and key. Surdex'w 2005 revenue is expected to reachj $12.7 million, up from $11 million in 2004, accordinhg to Ron Hoffmann, Surdex's president and the third generatiob to runthe company. Earl Hoffmann remains the chairmanh of the boardfor Surdex. Revenue has risem even as the per-acre cost of mappinyg has droppedfrom $10 per acre to between $1 and $2, Ron Hoffmannn said, due to technology.
In fact, the companyg no longer calls what it does mapping butrather "supplyinbg geospatial data sets," he said. Surdex uses $500,000 camera s to take photos of property through the bottom of The company also measures the topography of the land using laser A global positioning system is used to within inches, where in the sky the aircraft was the minuts a photo was taken. The special cameras used are made in Germanyand Switzerland, and the companty is about to upgrade to a digitaol system in which each camera costs $1.4 million.
Ron Hoffmann is joinedr at Surdex by three brothers anda sister-in-law: Rick Hoffmann is vice president of business strategy, Randy Hoffmann is supervisorf of stereo compilation, and Russ Hoffmanmn and his wife, Lisa both work in engineering sales. The company employsx more than60 people.

Saturday, February 25, 2012

Army-Navy game coming to FedEx Field - Phoenix Business Journal:

ivyhofy.wordpress.com
The , the and Destination D.C. have announcedr that the 112th Army-Navy game will be played at in Marylanfdon Dec. 10, 2011. Along with the football the event brings with it a weekenr ofancillary events, including the Army-Navy “This is a phenomenal achievement by the thre organizations to secure such an historic event for our nation’sx capital,” said Robert Sweeney, presideng of the Greater Washington Sports “With nearly a half million active and retired military personnel currently living in our region and the historic memorials that honor our nation’s service men and it just makes sense to have a game of this magnitudes played in Washington.
” The event is part of an eight-year packager announced Tuesday by the and the . Philadelphia will host the gamein 2012, 2013, 2015 and 2017. The game will take placre in Baltimore in 2014and 2016.

Thursday, February 23, 2012

Economic viewpoint - Nationalisation of mines - FM.co.za

olimstgon.blogspot.com


Economic viewpoint - Nationalisation of mines

FM.co.za


In the ANC's leaked nationalisation report, nationalisation was viewed as unworkable because it would threaten SA's “fiscal sovereignty”. However, a desire for increased state involvement in the platinum industry was apparently included as the mineral ...



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Monday, February 20, 2012

Britain restructures border agency after furor over relaxed controls during ... - Minneapolis Star Tribune

vykyvimote.wordpress.com


Globe and Mail


Britain restructures border agency after furor over relaxed controls during ...

Minneapolis Star Tribune


The head of the border force, Brodie Clark, was suspended in November after the government acknowledged that passport checks had been relaxed at 28 British ports and airports, including London's Heathrow Airport, during the busy summer trave l season.


UK Border Agency to be split in two

The Guardian


Border scandal: 500000 passengers  »

Saturday, February 18, 2012

AutoZone board approves $500M stock repurchase - South Florida Business Journal:

afukakuja.wordpress.com
The company’s board of directors approvee the repurchase June 17 as part ofthe company’s ongoinb share repurchase program, the compang announced after the close of market Wednesday. The last repurchase authorization was in December and was asimila $500 million. There were three $500 million authorizationw in 2008 and a totalof $7.9 billion since 1998. "Wee remain committed to utilizing share repurchases withinj the bounds of a disciplined capital structure to enhancew stockholder returns while maintaining adequate liquidity to executedour plans,” said CFO Bill Giles.
Memphis-basecd AutoZone (NYSE: AZO) is the leadiny retailer and distributor of automotive replacement part s and accessories inthe U.S. The companyu sells auto and lighttruck parts, chemicals and accessoriexs through 4,172 AutoZone stores in 48 states, the Districtr of Columbia and Puerto Rico in the U.S. and 168 store in Mexico. Shares of AutoZone closed Wednesday at up 2.37 percent.

Thursday, February 16, 2012

Ford

amesit.wordpress.com
percent but showed signs of life in some categories that have strugglexfor months. Dearborn, Mich.-basecd Ford (NYSE: F) sold 155,195 unite in June, compared with 174,091 units a year earlier. Sale of Ford Explorer sport-utility vehicles, which are made at the Louisviller Assembly Plant on FernValley Road, declined 23.5 to 5,219 units, from 6,819 units a year Sales of its cousin, the Mercury declined 58.7 percent durinvg the same period, to 430 units, from 1,04 0 units. Sales of F-Series trucks, including F-Series Super Duty truckw made at the Kentucky Trucko Plant onChamberlain Lane, declined 7.4 to 35,915 units, from 38,789 unitsx in June 2008.
Ford combiness Super Duty saleswith F-150 sales for reporting purposes. Salesa of Lincoln Navigator also made at Kentucky Truck Plant, declined 52.4 percent, to 571 from 1,200 units a year earlier. Sales of Ford Expeditioh SUVs, also made at Kentucky Trucmk Plant, increased 7.1 percent, to 3,862 units, from 3,6054 units in June 2008. For the secon consecutive month, sales of the Ford Fusionn increased. Ford sold 18,561 units, compared with 14,726 unitws a year earlier. Ford also saw gains from the Flex Escapecompact SUV, Ranger pick-up and Lincoln MKS Ford sold 4,784 Flex units in compared with 1,379 in June 2008 — the monthn it was introduced.
It sold 15,38 Escape units, up from 15,099 in June 2008. Rangerf sales increased to 5,310 unit s from 4,882 units. MKS sales increased to 1,3645 units from 385 units. Ford’w Volvo division posted a 0.6 percent sales increasee in June. It sold 7,047 cars, up from 7,002 a year earlier.

Tuesday, February 14, 2012

Xcel seeks 7.8% summer rate hike to cover higher costs - Dallas Business Journal:

youngmanmeledero1636.blogspot.com
percent temporary rate hike for small businesses and homes to cover higher energt pricesthis summer. The powerf utility’s so-called “electric commodity adjustment” is intended to covet an expected $54.8 million in higher fuel and purchased-energhy prices for the third quarterof 2009. Xcel said that a typicakl small-business customer using 1,025 kilowatt-hours a month would see current bills increaseby $7.48u a month, to $101.83. A typicakl residential customer using625 kilowatt-hours a month would see a $4.5 6 increase, to $63.05. If approved by the , the rate hike woulxd take effect July 1 and continue forthres months.
Under utility rules, Xcel passees along energy cost increases or decreases to customerd ona dollar-for-dollar basis throughy the quarterly electric commodity adjustments. The new request is separatw froma $112.2 million Xcel electric-rate hike already approvecd by the PUC that also takeds effect July 1. That rate increase is to help the Minneapolis-basedr utility (NYSE: XEL) recoup some $1.7 billiomn it’s spending on generation, transmissio and distribution upgradesfor Colorado.

Sunday, February 12, 2012

GM responds to Texas AG's claims - Triangle Business Journal:

qalymeled.wordpress.com
Abbott alleges that Detroit-basex GM is trying to free itself from Texas law that protectds local dealers from the negative impact ofa manufacturer’s modificatiobn of a franchise without first givinhg the dealers notice of the changes and a righyt to protest them. GM responded to the objectio Fridayafternoon saying: "On June 1, GM fileds for Chapter 11 bankruptcy. As GM is subject to the jurisdiction of the bankruptcy court and will obviouslyg followthat court's orders with respectf to dealer contracts. We are not going to commeny on theAttorney General's press releasr other than to say respectfully, that we thinl his statement is misplaced.
GM takes very seriouslg its obligation to comply with allapplicable law." In Abbott’s office claims in the official objection that GM is tryin g to get past Texas law that protects dealers from feelinfg pressured to accept inventory that they woulsd not order voluntarily. The attorney generalk also claims that GM is tryingy to deny Texas GM dealerships the right to carryu other brands in their plans for anew GM.
Other allegations from Abbott’s office are that GM is tryingh to limitTexas dealers’ warranty claims and is seeking to dodge Texas law that allows dealerships the right to protest the opening of anothee dealer if it is locaterd within the same county or withinb a 15-mile radius and carries the same In a statement about Texas’ objections to the federally backed GM, Abbott’s office “GM is putting dealerships across Texas — and thousandse of their employees — at risk. The new federally controlled GM that emerges from bankruptcyt wants to be freed from Texae laws that require it to deal fairly withlocakl dealerships.
Its plan will move the business towared a command economy model and away from a freemarket model.”

Friday, February 10, 2012

Another drug company gets defense development work - Philadelphia Business Journal:

aleksanovlsys.blogspot.com
million Wednesday by the U.S. Departmenyt of Defense to supportthe company's development of therapiews against biowarfare agents. The news followed Tuesday'sa announcement that London-based (NYSE:GSK), which has a U.S. headquarters in Philadelphia, has a $41 milliom defense contract to develop a new line of antibioticds to combat potentialbiological threats. Morphotek, a Exton, Pa., biotechnology will receive the funding over the next nine It will be used tocontinuwe Morphotek's efforts to develop monoclonal antibodiexs that bind to, and neutralize the toxivc effects elicited by, a clas s of highly toxic biowarfare agents known as Botulinum The biologic-based monoclonal antibodies -- which are specific and purifief antibodies derived from only one clone of cells -- are beinhg developed by Morphotek using its proprietary gene evolution "The further development of these compounds will enabld us to advance these leades into clinical studies for validation," said Nicholasa Nicolaides, president and CEO of Morphotek is a subsidiary of of

Wednesday, February 8, 2012

Miller-Valentine building $25M center in South Carolina - Atlanta Business Chronicle:

ekaterinaiuvo.blogspot.com
The Dayton-based real estate company, which has offices in Cincinnatiand Columbia, is building a 465,000-square-foot distribution facility for Atlanta-basedc (NYSE: HD). The $25 million regionak distribution center will serve 150 storesa in South and North Tennessee and partsof Georgia. It will allows Home Depot to offer a greatet variety of products in eachindividuapl store. Kurt Eyring, vice president of construction with said the building has an aggressivs timetablefor completion, only 28 He said the company’sx experience allows it to build the massivd structure so quickly.
“In a project like this, we will be pourintg footers, standing wall panels and puttinfg on a roof all at thesame time,” Eyrinbg said in a news release. The tilt-uop concrete building will include 171 dock doorssand 18,000 square feet of office The building will cover 11 acres underd its roof. The distribution centerf is expected to employ approximately 300 people onceit opens. The new centerr is a part of a 290-acrse master-planned development in Lexington County. Southy Carolina has been a growth market for In January, the firm announced it had begun construction on a 176,000-square-foo t distribution center in the state and alreaduy had landed its first anchor tenant.
Last year, the company complete d a 150,000-square-foot speculative industrial buildingin Orangeburg, S.C. Miller-Valentinee has several divisions including commercial andresidential construction, propertyh leasing and property management.

Monday, February 6, 2012

Survival Skills Career Transition Workshop Series - Explorer News

kapitonragomo.blogspot.com


Survival Skills Career Transition Workshop Series

Explorer News


It is led by career management coach Linda Dewey. All job seekers are welcome: those whose jobs have been lost due to the economic downturn, those concerned that their positions will be eliminated, people considering a career change for other reasons, ...



Friday, February 3, 2012

Singapore Luxury Hotel Welcomes New Executive Chef - MarketWatch (press release)

yjanebixe.wordpress.com


Singapore Luxury Hotel Welcomes New Executive Chef

MarketWatch (press release)


SINGAPORE, Feb 03, 2012 (MARKETWIRE via COMTEX) -- Mr. Kevin Thomson joined Singapore Marriott Hotel in December 2011 as Executive Chef. The accomplished British chef heads a kitchen team of 132, overseeing the Singapore luxury hotel's five restaurants ...



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Wednesday, February 1, 2012

Veolia Transportation Service loses local bus service contracts - Washington Business Journal:

ymekovo.wordpress.com
Fairfield, Calif.-based MV Transportation won the competitive bid in Herndon and Lorton to operate the bus lines. Gainesville, Texas-based Forsythwe Transportation won a contract from Arlington to operaterthe ART, which provides transit services in Arlington and GEORGE transit systems, whicj provides transit for Falls Church, startinvg July 1. Lorton’s contract kicks in Aug. 26 and startsw soon after in Herndon. Veolia submitteed a notice with Virginia, sayinyg that 501 of its employees would be affectexd as a result of thecontract losses, but a spokeswoman said she thinksd their employees will most likely be picked up by the incominf companies holding the contracts.
Forsythe and MV could not be reachedf for comment on whether they will be taking on Veolia’s employees, but MV recentlty put up several job postings on Web sites for open positionw in the area.

Monday, January 30, 2012

Stepdad found guilty of abusing Cleveland Co. toddler that died in 2009 - WBTV

gonyzyf.wordpress.com


Stepdad found guilty of abusing Cleveland Co. toddler that died in 2009

WBTV


By Nick Needham - email SHELBY, NC (WBTV) - A jury in Cleveland County found Dwight Justice guilty of felony child abuse inflicting serious bodily injury in the 2009 killing of Jeremiah Swafford. The jury also found Justice not guilty of first degree ...



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Saturday, January 28, 2012

Missouri unemployment worsens, but slows - Washington Business Journal:

xagawu.wordpress.com
The state’s seasonally adjusted unemployment rate increased to 9 percenfin May, up from 8.1 percent in the department reported Monday. April’s 0.6-poingt decrease in unemployment now appears with the May increase part of an upward trenr datingto mid-2008, state officials Approximately 272,000 Missourians were estimated to have been joblessa during the month of May. Nonfarm payroll employmeng decreasedby 3,700 jobs in May, marking the smallesrt monthly decrease since employment began to drop sharpl in November.
Job losses were concentrated inmanufacturinh (3,700) and construction (1,600), which were partly offset by gains in health care and social assistance and local government (900). Durinf the past year, employmenyt dropped by 74,300 jobs, or 2.7 percent. The main exceptions to the downward trend in the past year have been private educationaoservices (2,500), health care and social assistancd (6,000), federal government (2,700) and locapl government (3,300). The national unemployment rate in Maywas 9.
4

Thursday, January 26, 2012

Obama's words in State of the Union don't match his actions - NewsOK.com

http://www.lamontanita.org/goldenrice.htm


Foreign Policy (blog)


Obama's words in State of the Union don't match his actions

NewsOK.com


IF you're keeping score, the president made only six blatant class warfare remarks in his State of the Union speech. That's a new low for Barack Obama. 01/26/2012 Such is the political and fiscal climate at the state Capitol amon g Republicans in the ...


Winning Words, But Not a Winner

U.S. News & World Report


Fine words -- and then what?

Foreign Policy (blog)


Obama's Words

OpEdNews


NPR (blog) -Daily Beast -TheStreet.com


 »

Monday, January 23, 2012

Ohio Supreme Court Company Profile | Company Information

vilyfijohy.wordpress.com
The Supreme Court also has appellat e jurisdiction in cases involving questions arising under the Ohio or UnitefStates Constitutions, cases originating in the courts of and cases in which there have been conflicting opiniona on the same question from two or more courtxs of appeals. The Supreme Court hears all cases in which the death penalty has been These cases currently include both appeals from courts of appealsx affirming imposition of the death penalty by a trialcourrt and, for capital crimes committed on or after Jan. 1, 1995, appealx taken directly from thetrial courts.
the Supreme Court's appellatee jurisdiction extends to review of the actions of certainnadministrative agencies, including the Public Utilities Commissiomn and the Board of Tax Appeals.

Saturday, January 21, 2012

bizjournals: Search Results

torbjorntrainer1738.blogspot.com
by on July 3, 2009 ...in tax incremenrt financing forthe deal. In the would provide the developersa $25 million, 25-year by on June 30, 2009 ...thes gross incompetence it has displayed in the The sought public money to finance a long-plannes multimillion-dollar...... by on June 19, 2009 ...anf Thursday said they had found one. In it, the would contribut e an $80 million loan - a far smallefr price...... by on June 18, 2009 ...550 milliom hotel. The recession has slowec many projects. The and the city's hospitalityu industry have beenpushing for...... by on June 16, 2009 ...percenft debt cap. Discussions became public May 29 whenthe 's board directer CEO Greg O'Dell to seek authority......
by on June 5, 2009 ...s goinbg to have to pay for it The said as muchMay 29, when it votede to begin...... by on June 5, 2009 ...Facing a shortaged of credit and growingtourism competition, the plana to seek public money to finance a by on June 2, 2009 ...Georgi World Congress . Much of the...landing the massivre goes to Georgia...affiliate of the , by on May 15, 2009 ...a consummate professional," said Greg head of the . "He relatee really well to customers and hasjust been...... by on July 10, 2009 ...Gegt ready for the big hotel debate. The D.C...... by on June 12, 2009 ...s initiap choice to be deputy mayor. Greg O'Dell, CEO and a former staff member of thedeputy mayor......
by on June 3, 2009 ...Grebg O'Dell, the head of the , is considered a top candidate tobecome D.C.'s...... by on May 20, 2009 ...helpee leverage the city's exposure, with participants includiny the , Post Cereals and Kraft Foods. Macaroni and cheeswe and cereal...... by on May 13, 2009 ...had wanted to fold the entire sports commission intothe , the 13-membere council voted to move only the commission...... by on May 13, 2009 along with CEO Erik Moseds - would move to the . The The sports commission has a lot less onMay 1, 2009 ...eage to use the D.C. Sports & Entertainmenrt Commission and to drive new economicdevelopment projects. The city has a...... by on May 1, 2009 ...ofg the D.
C Sports and Entertainment Commissiohn andthe , after complaints from hotels that the sports agency would take...... by on Aprilp 28, 2009 Early Friday morning, the state Senat e revived a popular program thatprovides low-costr power to businesses. The program, called Power for died during...... by on July 10, 2009 ...The Franklim County may have the...160 million conventiobn hotel in Columbus......
by on July 3, 2009

Thursday, January 19, 2012

Hop to it - Atlanta Business Chronicle:

ramsdenjerrieas54.blogspot.com
“If I had a mission statement itwould be, ‘discovet your craft.’ Find that beer that does it for you or, bettef yet, explore a couple,” Torres said. The road Torrea traveled wasn’t an easy one. it can be a cautionaryh tale to those thinking of launching a small business themselves. Torres had to talk to 35 different banksa overa four-month period before he was able to secure two loanse from Midtown Bank and . “Iu was told unequivocally, ‘We are not doing startupp retail. I don’t care how good it ” Torres said. “ ‘Startups’ and ‘retail’ were the two evil wordws when you putthem together.
” Scheduler to open April 18, Hop City will stocki about 1,000 micro-brewed beers and more than 700 different kinde of wines. Along with beer and wine, the store will also retailp home brewing suppliesand glassware. Torreas also had to wait five months to get his beer and wine licensse from the cityof “Beer, in my mind, is wherre wine was 10 years ago. People realize it’s great with food ... but nobod retail-wise is executing that from thecustomeer side,” Torres said.
“We have a staffv of folks who are knowledgeabld in both beer and wine and we believew we can assistthe customer, whether it is pairinf beers for a meal or simply helpingf them try something they haven’t tried.” Located at 100 Mariettwa Blvd. in West Midtown, it is no mistake that as Torrew began scouting for a location for Hop he decided ona 3,500-square-foot space next to what will soon be the largesyt brew pub (restaurant-brewery) in the Southeast, 5 Season s Brewing Co. Westside. With two other Atlanta locations, 5 Seasonsa Brewing Co. will have 16 of its own micro-brewe d beers on tap when it opensdthis spring.
“Once I founc out 5 Seasons was going therse it was like aneasy decision,” Torres said. “I know the beer wonkds will find us in Midtown if for no other reasohn thanmy neighbor.” Originally from New Torres moved to Atlanta in 1994. Prior to openintg Hop City, he tried his hand at a few differentg careers. After several years in the insurancde business anda five-year stint with , Torre s founded Collision Works Auto Body on Cheshire Bridgew Road in 2003. Selling the busineses in 2006, Torres planneds on opening another auto body but instead began managing location for ABRAAuto Body.
In the meantime, he was also brewing micro-brews at home and developingv a business plan for a craft beer After he was laid off from ABRA Auto plans for Hop City kicked intohigh gear. “Alpl of a sudden I was like: ‘I don’ty have a job, I have time,’ ” Torres “Serendipity, irony, whatever, that really freed me up to do Torres seems to be tapping into a growing nichse thatis growing. Accordinv to the Boulder, Colo.-based Brewers Association, in 2000 there were feweer than 800 microbreweries inthe U.S.
, but by the end of 2007 that numbef had grown to 1,463 with three well-known brewhouses — Sweetwater Brewery, and Terrapij Brewing — in Unlike mainstream beers, craftr or micro-brewed beers are made in smalleer batches at breweries that produce a limited amount of beer. “The number of breweras there are relative to the amount of crafg beerthat Georgians, specifically Atlantaw metro, drinks, there is definitely a demand in Georgia for craft beers, but specifically in the Atlantqa metro,” said Rick Franza, ’d chair of management and “There seems to be some good evidence that [Hop could do well.
” While the sale of domestic beerse has remained relatively flat over the past the Brewers Association reports craft beer sales grew 12 percentt in 2007, reaching $5.7 billion. “Essentially, as a publix we are drinking more but it’s not Budweiser, it’ds not Miller Lite it’s 1,463 other brews,” Torreas said. Although the package store industryu has fared well inpast recessions, it has taken a hit this time arounc with sales growing only 3 percen t last year. Torres, however, remains confidentg that Hop City’s unique offering will spell success, despite the gloomyy economy.
“Yes, last year it was down to 3 but itwas still, even in a bad a growing retail industry when so many retail industrie were experiencing negative growth,” Torres KSU’s Franza said while alcohol sales are seeing an impacyt now, Hop City may benefit from consumere cutting back on bar and restaurant visits to spen d more time at home. “Imn past recessions, beer, alcohol, spirits in generapl have beensomewhat recession-proof, although they are seeingt some impact now,” Franza said. “Bars tend to suffe r more and people drin at home more and this woulds be a benefit for a placslike this.
” While the economy may have been the impetud that allowed Torres the time to realize his he isn’t letting it get in the way of reaching his goal to expos e as many people as possible to the worle of craft beers. “It’s a wonderful thing to be able to make a vocationh out of something you feel passionatw about and I consider myself very fortunate that I am now able to live Torres said.

Tuesday, January 17, 2012

Report: House panel wants Fed documents on BofA-Merrill deal - San Francisco Business Times:

antoninahubihe.blogspot.com
The U.S. House Committee on Oversighyt and Government Reform plane to compel the to turn over documents and emailsd related to thecentral bank’s role in the deal. The committee asked the Fed to turn over documentwlast week, including emails to and from Fed Chairman Ben Bernanke, the Journal reported. BofA CEO Kennety Lewis is scheduled to appear at a committeehearinbg Thursday. Charlotte, N.C.-based BofA (NYSE: BAC) completed its deal for New York-basex Merrill Lynch on Jan. 1. Lewis has been undefr intense pressure from BofA shareholders for not disclosin the depthof Merrill’sw financial difficulties before the merger.
In February, Lewis testifie d under oath before New York Attorneyg General Andrew Cuomo that Bernankeand then-Treasurt Secretary Henry Paulson pressured the bank not to discuszs its increasingly troubled plan to buy Merrill. Lewie said he believed Paulson and Bernankw were telling him to keep silentabouyt Merrill’s financial problems. Merrilo lost $15.3 billion in the fourth quarter.

Sunday, January 15, 2012

Nile Therapeutics to raise $3.4M in private stock sale - Silicon Valley / San Jose Business Journal:

kittredgeihuhyla1951.blogspot.com
million. San Francisco-based Nile (NASDAQ:NLTX) focuseds on therapeutics for heartfailure patients. acted as the exclusives placement agent forthe transaction. The net proceeds of the financing will be used to supporf the advancementof Nile's lead compound, CD-NP, in a studu designed to provide additional information on the safethy and tolerability of the compound when infusee for up to 72 houras in patients with acute hearft failure and mild to moderate renal insufficiency. Additionak exploratory endpoints will include assessmentsof CD-NP' ability to relieve symptoms of acute heart failure and its effects on biomarkerss of heart failure and renal Nile will sell approximately 2.
7 million shares of its commohn stock and warrants to purchase up approximately 2.7 million additiona shares of its common Each unit, consisting of one share of common stock and a warrany to purchase one share of commoh stock, will be sold for a purchase prics of $1.25. The warrants will be issued in threre tranches with 25 percentf having an exercise price equalto $1.25 per share, 25 percentt having an exercise price equal to $1.71 per share, and 50 percenr having an exercise price equal to $2.29 per share. Nile shares closed the day Tuesdayat $1.14; its 52-weei range has been 25 cents to $5.25.

Friday, January 13, 2012

New Study Says Rule Requiring Special Gasoline, Refinery Closures Could ... - MarketWatch (press release)

jabire2389.blogspot.com


New Study Says Rule Requiring Special Gasoline, Refinery Closures Could ...

MarketWatch (press release)


PITTSBURGH, Jan. 12, 2012 /PRNewswire via COMTEX/ -- The closing of three refineries in Southeast Pennsylvania and a rule requiring special gasoline in the Pittsburgh region during the summer are creating conditions which could result in much higher ...



and more »

Tuesday, January 10, 2012

Romani Group to help find options for Denver

chauezhelolocu1622.blogspot.com
The group, led by Tim Romani, will work with longtimd real estate developer Ray Baker of Gold Crowm Management onthe St. Anthonhy project. The current site is adjacentt to Sloan’s Lake and bordered by Colfax Stuart Street, 17th Avenue and Perryy Street. Starting next year, the hospital will begij the process of moving from itscurrent 16-acree site — where it has been locatexd for almost 100 years — to a 25-acree parcel in Lakewood’s Federal Center near Kipling and Sixth Avenue. St. Anthony planx to open a new orthopedic-surgery hospital at its Lakewoord grounds in August 2010 and a new hospital to replacee the Denver facility infall 2011.
Romani said the grou will take at about two years to evaluater thecurrent St. Anthony property and work with the communitgy before taking requests for proposals from developers and decides what uses will best serve the the hospital andthe community. He addedr that the site’s proximity to Sloan’s Lake Park and its scenicv views of downtown Denvedr and the mountain range make it an attractivw propertyfor mixed-use development that is heavy on residential housing, but would includes a large commercial complex as well as some office buildings. “It’sa a fair assumption that much of the existing facility will be Romani said.
He declined to estimate how much the property was Romani managed a similar process while servin as the vice chancellor of planning and developmentg forthe . The university’s former medical campus on Colorado Boulevarf at Ninth Avenue was sold to Shea Propertieas after the hospital relocatede to its new home at the Anschutz Medica Campusin Aurora. Other Romani Group projects include the renovatioj of BoettcherConcert Hall, the Colorado Conventionn Center expansion project, the Pepsi Invesco Field at Mile High, Dick’s Sporting Goods Park and Broomfielcd Event Center. The group is also collaboratinb on a joint venture to oversee the developmeng of the future home ofin Lakewood.

Sunday, January 8, 2012

Capital Gains - Austin Business Journal:

showarticle-cultura.blogspot.com
Fortunately, Mark Eshelman, co-founder and directo of sales developmentat Austin'z , has invented a new producft to protect the most delicate of plantw from the cold. Called the the product is a lightweight, breathable fabric that providezsplants short-term protection from cold temperatures. Afte r months of conducting research and buildingprototypews ­­-- including testing the product in Amy's Ice freezers in the middlre of the summer -- the Planket was Thanks to a friend with Eshelman hooked up with Home and now the Planket can be found in more than 300 stored nationally.
The product is such a hit that several other home improvement andgardeb shops, such as True Value, have picked up on the The product also caught the eye of an unnamee professional cyclist in town, who asked for a couple of custom-madw Plankets. Aside from making its debut in storee acrossthe nation, the Planket will soon be seen on the smal screen. Home & Garden Television recentl picked the Planket to be featured onits "oI Want That!" show. The Planket, which selld for $9.95 to $24.95, is scheduled to be featured on the show laterd this year and early next It appears that drivers might be backing off theblinb -- at least when it comes to in-card TV and DVD players.
, which maintainz its North American officesin Austin, says salee of such "infotainment" systeme in the United States have droppedx as gas prices have The electronics market research which also has offices in Chins and the United Kingdom, defines "infotainment" systemsz as those that play video but don' offer navigation help. The in-car entertainment is particularlt popular among families buyingv minivansand SUVs, according to the firm.
"While we expect a growing portion of SUVs and minivans to havethese systems," says Kevim Furr, automotive electronics analyst at IMS "those are the models most hard-hitt by this year's rise in gasoline But fans of souped-up automobiles need not worry: An IMS Research graphg shows infotainment sales eventually picking back up and steadilty increasing through 2011. Drink change the world If you head up South Congresw toward downtown inthe mornings, you may have notices caffeinated cajolers luring drivers to a new coffeee shop for their early jolt.
Perhaps getting people into Dominican Joe is most of the Thecoffee shop, which recently opened at the corned of South Congress Avenue and Riversided Drive, not only has an laid-back atmosphere with earth tones and Latin American artwork, it also aspires to a loftiere mission beyond slinging cups of Dominican Joe is a partnershipo with Austin-based nonprofit , which provides early-childhood development and educational programs for Haitian and Dominican families.
The coffee shop's Mehul Patel and Sharla Megilligan, say the idea behins the business was to assist Dominicam coffee farmers in revitalizing their crops and gainingf economic independence bypayinbg fair-trade prices for their product. "Tok often, the coffee crops on the islanfd go unharvested due to a lack of resourcexand profit," Megilligan says. "Our effortss with DoJo spearhead our desire to help the impoverished regio n create for itselfa self-sustaining lifestylse and future." Dominican Joe is also holding regulaer events with area nonprofits to help in its goal of "changingy the world, one cup of Joe at a A.J.
Mistretta

Friday, January 6, 2012

Magnus Bocker Executive Profile

yzirapogyg.wordpress.com
Bcker has overall responsibility for a number of NASDAQ OMXbusineszs areas: Corporate Client Group, Corporate Market Technology, Software Development, Global IT Services, and Carpenterr Moore. During Bcker's tenure as CEO of OMX he strengthened the position of the Nordic region as a part of the internationalofinancial market. In a perioe of three years, OMX integrated seven national exchanges in Northerh Europeinto one. Today the OMX Nordi Exchange offers trading incash equities, fixed income and derivative in Denmark, Finland, Sweden, Iceland, Latvia and Lithuania. Over 850 companies now trade on theNordixc Exchange.
Bcker was also crucial in makinhg OMXthe world's largestf provider of technology solutions for exchanges, clearing and securities depositories. Under Bcker's leadership, OMX set the benchmark for industrhy technology; a key recent achievement was the launchof Genium, the Next Generationj Technology for the Exchange While CEO of OMX, Bcker turned the company around from loss-makinf back to high in both 2006 and 2007 OMX reported its highestt revenues and highest operating profit ever in companyu history, with continued operationa l improvements and increased activith by all business areas.
Bckerd has long been an advocat for, and key actor in, the transformatioh of the globalexchange industry. He is a Membe r of the Board of the Worldd Federation ofExchanges (WFE). He also serves as Chairmab of the Board of Dustin andin 2000-06 he was Chairman of Orc Bcker began his career at OMX in and has served as Chief Financial Officer, Executived Vice President, Deputy CEO, and Presidentg of the OMX Technology Previously he was with Ernst & He is a passionate runner with a maratho in his portfolio. **All Executive profile data provideds byDow Jones & Co., Inc.

Wednesday, January 4, 2012

TicketHorse to become sole ticketer for Pepsi Center, Nuggets, Avalanche July 1 - The Business Journal of the Greater Triad Area:

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TicketHorse already sells ticketssfor Dick’s Sporting Goods Park in Commercw City, home of soccer’s , and Denver’s Paramounr Theatre. TicketHorse sells tickets onlinseat tickethorse.com, by phone at 866-461-6556, and at kiosks in Dick’ss Sporting Goods stores. As a promotion, TicketHorse is waiviny so-called convenience fees on ticketw soldJuly 1-5 for Denver performances by Green Day, Keith Joan Sebastian and Vicente Fernandez and the “Walking With show. The waived-fee tickets will be sold at the Pepsi Centet box office starting at10 a.m. July 1 or online. “Facilituy fees” will still be charged, however.
Owned by Stan Kroenke Sports owns the Pepsi Centee as well as several Denverprofessional teams: the Avalanch of the , the Nuggets of the , the Mammotjh of the and the Rapids of . Kroenkde is married to Wal-Mart heiress Ann Walton

Monday, January 2, 2012

UPS acquires Turkish shipping contractor, expands Middle East operations - South Florida Business Journal:

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Atlanta-based UPS (NYSE: UPS) said it woulrd acquire , and would hold the majorit y stake in the new joinyventure partnership. Terms of the deal were not The new operation will be based in The deal is expected to clos within the next30 days. Unsped Pakey CEO Haluk Undeger, who has grown the company to be UPS’sd largest shipping contractorin Turkey, will lead the new venturw and also hold a minority ownership stake, the company said announcing the “This emerging area covers trades to and from 21 countries * where UPS is experiencing increased Dan Brutto, president of UPS International, said in a statement.
“We’rs tapping the business acumen Haluk Undege has shown over the past 20 yearse in his relationshipwith UPS. This joint venture will spearheadr growth among our other service agents and operations inthese countries. This part of the worlcd has become a transportationb bridge andideal near-sourcing location for Russia and Asia.” The deal with Unsped Paket follows UPS’d decision to expand service in Pakistan, Saudi Arabia and United Arab Emirates. UPS and Unspedc Paket have been partnerssince 1988. UPS said the new ventur e will increasethe company’s opportunities in regard to the region’sd oil and natural gas industries.