Sunday, January 15, 2012

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

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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)

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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

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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:

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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

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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.