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 ... |
Monday, August 29, 2011
Inhofe: Perry won't cave to 'extreme' environmentalists - The Hill (blog)
adamovaichive.blogspot.com
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:
edovogopu.wordpress.com
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 ... |
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