Saturday, December 31, 2011

Pratte tapped for SBA

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In her new role, Pratte will help Americanj Indians, Native Alaskans and Nativs Hawaiians who are tryingto create, develop and expancd small businesses gain access to the SBA’s entrepreneurial lending and procurement programs. Before joininfg the SBA, Pratte worked for the Navajo Nation as a policy analyst and legislative focusing on economic andcommunity development, housing and educationj issues. Earlier in her she was a trade specialist inthe U.S. Foreign and Commerciak Service inthe U.S. Department of Commerce’s International Trads Administration, where she counseled small- and medium-sized U.S. companiesd on exporting.
After that job, she oversaw information technology projectsz forthe U.S. Foreign and Commercial Service and the Import Administration. Pratte is an enrolled member of the Navajo Nationfrom Lupton, Ariz. She holds a master’s degree from ’x H. John Heinz III School of Publif Policy and Management anda bachelor’s degree from the Universitty of Arizona’s Eller School of Pratte is a former Udall Foundatiob Congressional Fellow and a Presidential Management

Thursday, December 29, 2011

Meet the stimulus panel - Puget Sound Business Journal (Seattle):

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Suite 202, Miami 33155 With the health care stimulus, unlike the taxpayers will have a true returbn on their investment through the adoptiohn of electronichealth records. The technology will greatlyg improve the quality of through less medical errors and improved accesas anddisease management, while significantly contributing to billions of dollarss in healthcare savings. The Health Informatiob Technology for Economic and Clinical Health Act is not designed to fix ever y problem inhealth care, but it is a long overdur and proactive approach to building the basic which every other industry has already technology.
Electronic heath record adoption andthe “reapl money” stimulus incentives are the first critical steps a physician can take in improvinhg patient care and their practice’s financialp health. Executive VP and chief administrative officer, Web Address: 6855 Red Road, Suite 600, Coral Gables 33143-3632 Phone: The stimulus plan for the statsof Florida, by itself, will not support the need for fundinhg Medicaid. The implementation of the Obama healthj care plan will transformthe industry. The industry needd to focus on quality, service and while minimizing cost. Michael W. Kesti President and CEO, Health Ventures Web site: Address: 8161 S.W.
170th Terrace, Palmettio Bay 33157 Phone: Electronic health recordws (EHR) funding will significantlty change the way health care is providedc inSouth Florida. Health care providers who begijn to utilize electronic health record systems soon can take advantaged of governmentfunding offered. I anticipater that these additional funds incentivize many in South Florida to finally begi n to seriously adoptthe “EHR mentality.” I believe that the funding from the stimulus package will creat e many jobs in the healtjh care sector particularly related to the EHR industryh and IT.
And borrowing from a term made popular in theReagam era, this will have a trickle-down effect into the rest of the economhy and spur some additional growth. Senior VP and chiefg technology andinnovations officer, Web Address: 3420 Fairlane Farms Suite C, Wellington 33414 Phone: We must empowet consumers with knowledge so they can manage their wellness. Providers will be enabled with the tools and technologies to drasticalluy reduce the costof operations, whilee improving quality. The science of health care will be exponentially enriched with the knowledge that is createdf and mined by large basesa ofsecure information.

Tuesday, December 27, 2011

LarsonAllen to acquire accounting firm Cronstrom, Osuch & Co. PC - Phoenix Business Journal:

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“This acquisition enhances our commitmeng toindustry specialization,” said Principal Jon who runs Larson-Allen’s Phoenix office. LarsonAllen has majord resources devoted tothese sectors, whicy comprise its second-largest business line, behind health Cronstrom Osuch specializes in auditinhg services for nonprofit organizations, government entities and schoolk systems. Since its launcuh 22 years ago, the firm has growmn to represent more than 130 clientsdin Arizona. Principal Dennis Osucuh said the firms were in discussions for more than a year aftedr LarsonAllencontacted them.
“We had never thought about beinv acquired or merging with anyother firm,” said but “it was good fit.” All 14 employees of Cronstro m Osuch will relocate to LarsonAllen’s Mesa office. The three principalds will retain their positionszand titles. LarsonAllen has searched for industry-specific acquisitions since entering the Phoenix market in 2005 with its purchaser ofHopkins Parker. A year later, it acquireds Christensen, Gale and McLaren LLP, a Mesa firm that cateredx to real estateand construction; and the Scottsdale-based O’Connor which boosted its health care, banking, real estate and dealershipl lines.
In October 2008, the firm acquiredd Tempe-based Skinner Tameron & Co., which focusedx on real estate, manufacturing, wholesalerxs and retailers. Those deals have built LarsonAllenm from a small outfit to a midsize firm to competes inthis region’s fragmented accounting market, led by the Big Four in publid accounting: KPMG International, PricewaterhouseCoopers, Ernst & Young LLP and Deloitted & Touche. “We’re going to be very strategiv going forward,” Gale said. Financia l details of the expected to finalizeJune 1, were not disclosed.

Sunday, December 25, 2011

Census: American Internet use surges - New Mexico Business Weekly:

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Sixty-four percent of Americans 18 and older reportec using the Internet in up from just 22 percent adecads earlier. The report also shows that 62 percent ofthe nation'd households report using the Internet at home in an 18 percent increase from 1997. Amongg households using the netin 2007, 82 percentr reported using a high-speed connection, and 17 percent used a dial-up connection. “Aws access to high speed connectiond have becomemore prevalent, so too have the numbetr of people that connect to the Internet at said Thom File, a statisticiam with the Census Bureau Housing and Householsd Economic Statistics Division.
“These data give us a betterr understanding of who is usingv the Internet andfrom where.” Amony the states, New Hampshirde had the highest rate of Internet use for thoses age three and older in 2007 at 82 Mississippi and West Virginia had the lowest rates of use at abou 52 percent. Roughly 60 percent of Texans used the net in thedata shows. Internet usage also varierd by educationand race. For individualss 25 and older witha bachelor’s 87 percent reported going onlins from some location in 2007. Abouyt half (49 percent) of those with only a high schooo diploma reported using the compared with 19 percent for those without a highschoo diploma.
Meanwhile, 69 percent of whites liverd in households withInternet use. The same was true for 51 percent of blacks, 73 percent of Asians and 48 percent of

Friday, December 23, 2011

Cincinnati/N. Ky. airport to park horses for equestrian event - Business Courier of Cincinnati:

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The airport has offered its long-term parking lot to house roughly 450 horsed that will be part of the Alltecb FEI WorldEquestrian Games, in Lexingtojn during October 2010. It marks the first time the internationall event will be held outside of Game organizers will build stables and othe r structures forthe horses, and the airpor is not collecting money for use of the lot, said Barb government affairs manager and spokeswoman at CVG. “Those international horses that will be coming in primarilyy from theEuropean markets, they are requires to be quarantined,” she said. “We’lol get a waiver for that period of time and put them inthe long-termk parking lot.
” Schempf said the airport is donating the in a sense, because it will benefiyt from the traffic resulting from the The horses will be quarantined from August to September 2010. Peoples will not be able to visif them, but the airport has been offeringh promotional ideas togame officials, such as live The World Equestrian games, held every four include world championships for eighy equestrian sports. They are governed by the .

Sunday, December 18, 2011

FDIC approves one-time fee for banks - Kansas City Business Journal:

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Originally, the assessment was 20 cents perevery $100 of domesticf deposits, which triggered bitter opposition by organizationss representing smaller banks, including the . “This is a majodr policy shift advocated by ICBA that lowerd the special assessment forour nation’s more than 8,0009 community banks that didn’t participate in the practiced that led to this economic crisis, yet were originally askeed to pay for the sins of those who ICBA Chairman R. Michael Menzies said in a Several community banks said they were concernec that the original assessment would reducetheir loan-making capabilities.
Earlier, Congres passed legislation to increasethe FDIC’s borrowing authorityh with the from $30 billion to $100 billion with a proviso for emerginfg funding of as much as $500 The FDIC said this step was necessary to reducw the assessment on banks.

Friday, December 16, 2011

Ruling on Coyotes move could come Wednesday - Silicon Valley / San Jose Business Journal:

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U.S. Bankruptcy Court Judge Redfield Baum struggle d to stay on taskat Tuesday’sx hearing as attorneys representing Balsillie, Coyotesd owner Jerry Moyes, the city of the and other professional sports leagues delivered hours of oral argumentsw over bankruptcy code, anti-trusf law, relocation and other legakl issues. Baum and the myria of attorneys delved into obscure bankruptcu provisions and past relocations by teams includingh theOakland Raiders, San Diego Quebec Nordiques and Baltimore Colts.
Baum focusedc on whether Balsillie will have to pay the NHL a relocatiohn fee on top ofhis $213 millio offer to buy the financially strappedf Coyotes from Phoenix trucking company owner Jerry Moyes. The relocatiob fee could total as muchas $100 million, coury documents indicate. Baum appears ready to rule that the NHL has the rightxs to the Hamilton market and if the Coyotes aremovedc there, Balsillie will have to compensate the league for loss of an expansionj opportunity. The city of Glendale pressed Baum to considef legal claims and costs that would accompanyg a moveto Canada.
That could offset an offer as lowas $140 millio by parties wanting to keep the team in Arizona, city representativew said. Glendale officials said they woulds make a claim for as muchas $500 million if the team break its lease at the city-owned Jobing.comn Arena. Arena concessionaire Aramark Corp. also could make a Moyes and Balsillie’s attorneys argued that a leasw claim is subject to various monetary caps and that the court can discharge lease terms and penalties in order to maximizethe team’s value for Moyes said a decision could come Wednesday and has urge the court to hold an auction sale for the hockeh team on June 22.
The NHL and Glendale say the sale shoulcd be put off until August and the league said it will financee the Coyotes into next season ifneed be. Glendalre attorneys also pressed Baum to find out how much money Moyez may have taken out of the They point to the fact the Coyotes spenxd money leasing private office space at Westgatr City Center instead of usinygarena offices. Moyes spokesman Steve Roman saidthe city’z speculation that Moyes is profiting from that arrangement is Moyes and Westgate developed Steve Ellman split joint assets, including the Coyotes, in 2006 with Moyess taking over as team owner.
The Coyotes have lost more than $300 millio since moving to Phoenix from Winnipegtin 1996.

Wednesday, December 14, 2011

Barbara Walters previews tonight's 'Most Fascinating People' line-up - Entertainment Weekly

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Barbara Walters previews tonight's 'Most Fascinating People' line-up

Entertainment Weekly


But there's one bold-faced name â€" and an unexpected one at that â€" who inspired a rise in Walters' usually measured timbre when she spoke with EW about her upcoming special, Barbara Walters Presents: The 10 Most Fascinating People of 2011. ...



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Monday, December 12, 2011

245 modifications pour des bâtiments plus verts - Conseil national de recherches Canada (Communiqué de presse)

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245 modifications pour des bâtiments plus verts

Conseil national de recherches Canada (Communiqué de presse)


Le Conseil national de recherches du Canada (CNRC) et Ressources naturelles Canada (RNCan) ont dispensé leur soutien technique, tandis que RNCan en a assuré le financement dans le cadre de ses engagements visant à rehausser l'efficacité énergétique des ...



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Saturday, December 10, 2011

Dallas airport deal works in reverse for power provider - bizjournals Business Travel Guide

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The company won the contracr late last month after bidding for the work through an onlinreverse auction. In a typicaol auction, buyers compete for an item by offerinv more thantheir competitors. In a reverser auction, potential suppliers aim to win a job by bidding less thantheie competitors. Champion CEO Rob Doty would not disclose the valuee ofthe D/FW contract, but did say the airporty will become one of the company’s largest customers. With abou 70 employees and $350 million in annual Champion is among the Top 5 unaffiliated retail electri c providers inthe country.
Most of Champion’z customers are commercial or industrial power users like but Doty says that particularr deal was a significant win for the companyg and also represents its first airport Champion also counts Austin College and numerous city and county governmentsd amongits clients. Doty founded Champion in 2005 with , a Houston-baser wholesale company. In late 2006, Champion purchased another Houston retail energyy providercalled . Houston-based privater equity firm bought Champion from for an undisclosed amount inJuly 2008.
Crane Capitap is led by Jim Crane, the former CEO of Houston-basedx Eagle Global Logistics, or Crane later merged Championwith Ambridge, a smalol wholesale electricity company he founded. Crane is the majority shareholderfof Champion, while management, including Doty, retains a smallo stake in the firm. He says Champion had been undercapitalized. “If takes a lot of credit to buy and we had the capital to fundit properly,” he Now, Crane says, Champion is in a “sweet “We’ve done well and plan to systematically expand like we did at he says. “We’d like to move into more deregulatex states.
” The retail electricc firm provides the bulk of its power to commerciao andindustrial businesses. Doty says Champion has several thousand commerciapl customers but is also working to buildx up the residential side ofits business, wherd it currently has about 25,000 Looking ahead, Doty says the firm is hoping to double or triplse its commercial and industrial business over the next three to four years and is looking to expandc into new states outside of its current marketws of Texas and Illinois. Overall, Doty believees the company has been able to succeed in volatilr times where other retail energy providershave faltered.
“We’ver got a very solid strategy, and have the righgt financial strength as well as excellentt supply agreementsin place,” he says. Champion will take over the powet contractfor D/FW Airport from the , which holdd the current contract with Houston-based as the agent. The 12-montyh contract with the TexasGLO — whicg was one of the bidders in the May 26 revers e auction — ends in March 2010. In the Texas GLO launched the StatePowerr Program, under which it offers electricity with simplifiex bidding procedures for counties, school districts and other eligible public retaill customers in many parts of Texas.
The is the seconx time that D/FW has used the reverses auction technique to sign acommodity contract. In the airport used the process to sign up a natural gas supplier.

Wednesday, December 7, 2011

Business First of Louisville: Starting a Business : Business Advice

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Let's be honest: Things are bad, and it is miserablre out there in the worldof commerce. We are in a global recession that will last forsome 1. The economy eventually will improve andget better. 2. Most companiesz rely on salespeople to help with the bottom Continuing sales of a product or servic e for an organization along with great salespeople will be neededx even more during thesrtough times. I thinkj it is important to look at a strategy as old as busineses itself that will helpa company, its the salespeople employed and the customers that a company does business with. The first which is of the utmost importance, are your customers.
Whetherr you are the CEO reading this, the salespersoh or a person in customerservice - this is the time to protecyt your customer base and make sure that they are period! The one way to do this is to get in toucgh with your customers. Do not attempt to do this by mail or It istoo impersonal. If you want to builde relationships withyour customers, then build them the way they are supposedr to be built - by people dealingb directly with people! You need to ask your customeres a simple and direct question: "How are we doinfg for you? Be honest, and tell me the Next, for the salespeople who still are you are going to have to work harder.
Yes, I said it - This means not only visiting your existinyg customers and checking their true levepl of customer satisfaction but also goinbg out and gettingnew business. Sure, the economy is and we are not buying as much of anythingv as we did a fewyears ago, but the fact remaine that there is still business being done out

Monday, December 5, 2011

St. Louis schools to hire School Turnaround - St. Louis Business Journal:

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The school district plans to hire , a NY., company that promises academicv improvement and school leadership development witha money-back The two-year program will cost $1.6 with each of the 16 schoolsa costing $50,000 each, said Patrick a school spokesman. The program will be fundedc through astate grant. The hiring was part of 15 academic proposalss that Superintendent Kelvin Adams presented Thursdagy night at a meeting of the Specia lAdministrative Board, which runs the district. Another plan call s for hiring more academic coaches to bolstert the professional developmentof teachers.
the school district has about 90 of theseinstructional coaches, or about one in every schoolo and two in high Adams proposed increasing that number to 136 coaches so each schoo could have two. With an averagew salary of $75,000 each, the program wouls cost about $10.2 Wallace said. The schoool district will first post the job listintg internally to give preference to teachers and administrators who are losinbg their jobs when 14 schools closw at the end of this school The school district isshuttering schools, many of them at half to save money and to respond to the shrinking studenyt population, which has decreased from 42,00p0 to 26,500 students in the last decade.
Adams also proposed giving five schools more autonomy in operations and curriculum in exchange for School districts in Boston and Baltimore have seen schools improve with this he said. Adams also wants to expand alternative schools for troublecd students and have the school district partne r with churches and synagoguesfor after-school program and tutoring.

Saturday, December 3, 2011

Del. North signs singular supply deal - Business First of Buffalo:

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The deal means Pro Act will be supplying anestimatef 500,000 or more cases of fresh produce annually to the more than 150 restaurantsx and concessions Delaware North operates in hotels, sportzs arenas, tourist destinations as well as state and national Terms were not disclosed. Pro Act, which is basedr on Monterrey, Calif., has 70 distribution centers. Locally, in Buffalo, is Pro Act’s regionalk distributor. The deal is expecteds to result in added orders handledeby Tarantino.
“Working with Pro Act will enabld Delaware North to streamline our produce supplychainm and, potentially, increase our use of sustainabled and regionally grown said Michael Reinert, Delawarre North vice president of supply management Delaware North has used Pro Act in some of its Its eight Major League Basebalk stadiums switched over to Pro Act this year. The conversiohn for the other Delawarw North sites will take place duringythe summer.

Thursday, December 1, 2011

Supreme Court stays Chrysler-Fiat deal - Minneapolis / St. Paul Business Journal:

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Hensarling applauded the stay as an appropriated measure that will allow for a reviewe of how federal bank bailout funds have been utilizedx bythe automaker. “I am encourage by the Supreme Court’s stay of the Chrysler bankruptcyh proceedings,” said U.S. Rep. Hensarling. “I have been concerned aboutf the fundamental constitutional issues of due processd and equal protection that cry out for judicial review and fundamental issues related to a misuse of TARP fundws crying out forlegislative review.” TARP stands for Troublesd Asset Relief Program, the formal name for the federao bank bailout funding program. filex for bankruptcy protectionin April.
At the the company said it was working out a deal to combins its operationswith Fiat. As part of the originapl deal, the federal government said it would provide $3.5 billion for bankruptcy financing and anothef $4.7 billion in exit financing. In addition, Chrysle r said at the time it woule enter into a dealwith Italy's Fiat in whicjh Fiat had agreed to transfer billions of dollars in cutting-edge technologyt to Chrysler.

Tuesday, November 29, 2011

Soldier killed in Schofield Barracks crash identified - Hawaii News Now

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Hawaii Reporter


Soldier killed in Schofield Barracks crash identified

Hawaii News Now


SCHOFIELD (HawiiNewsNow)- A 25th Infantry Division Soldier that died early Saturday morning following a vehicle accident on Schofield Barracks has been identified. Specialist Phillip S. Bullins, of Carthage, North Carolina enlisted in the US Army in ...


Soldier Killed in Schofield Barracks Crash Identified

Hawaii Reporter


Schofield soldier killed in crash identified as North Carolina native

KHON2


Army opens probe of Schofield crash

Honolulu Star-Advertiser


Myrtle Beach Sun News


 »

Sunday, November 27, 2011

Erickson gives up on Hilliard project - Nashville Business Journal:

aleshnikovenil.blogspot.com
notified the city of Hilliard last Thursday that the foreclosure filin means thedeveloper won't open the unfinished $34 millionh first phase and will no longeer manage the 80-acre property. The decision ends more than two monthzs of wrangling over continued financing of the Hickorhy Chase project between the developef andthe lenders. That financial issue had promptec Erickson to cease construction on the first 145 unitz of the complex and community centef the week ofMay 12. The company’s announcement comes as it from its goal ofinvestint $12 billion to develop 50 communities over the next decade.
That includess scrapping plans to build seniord housing facilities infive states, including Ohio. Before Ericksobn halted construction, would-be residents had been told they could move in by late Erickson had planned to delivef 833 residential unitsthrough 2013. “We have been informexd by the lender for our Hickory Chase projectg that despite out best efforts to resolvrfinancial issues, the lender has commenced a foreclosurer proceeding that will result in us not bein g able to open Hickory Chase and end our management of the the developer wrote in its “We are deeply disappointed we were not able to reachu a resolution.
” The depositsx of prospective residents are not affectedf by the foreclosure, the company said, and it will offerr refunds. The company said in June that it wouls close its sales centert in late July pending resolution of thefinancial issues. A companu spokesman offered no additional comment beyondf the text of the A KeyBank spokeswoman also was not immediatelyu available for comment on thefinancing consortium’ss plans for the property. The lender had extender a $90 million construction loan for the projecrt inApril 2008, according to public records.
In a news Hilliard said it had not riskee city money inthe $17 million of road improvement s to Britton Parkway, Anson Drive and Leap Road. Britton Parkwaty opened in January whilew construction continues on theAnsohn connector. Those projects were financed througg a community development authorityg that funded the project through bond Those bonds were expected to be paid off througb rising property taxes generated as theretirement community’a buildings get completed. Hilliard Finance Director Michellr Kelly-Underwood said the city’s curreng operating budgets also did not rely on tax revenuse generated bythe project.
“In we were not counting money from Ericksonuntil (the retirementr community) was built,” Kelly-Underwood said in the “and this unfortunate development shows the wisdom of takingb that conservative approach.”

Thursday, November 24, 2011

Japan to Purchase Most Wheat in a Decade as Corn Costs Climb - BusinessWeek

http://editorialcontexto.com.uy/index.php?option=com_content&view=article&id=57&Itemid=80


Japan to Purchase Most Wheat in a Decade as Corn Costs Climb

BusinessWeek


25 (Bloomberg) -- Japan, the world's largest corn buyer, may purchase less of the grain as feed-wheat imports almost quadruple this year to the highest level since 2001, as livestock producers seek to cut costs. Feed-wheat imports may surge to 430000 ...


Japan to Purchase Most Wheat in a Decade as Corn Costs Gain, Ministry Says

Bloomberg



 »

Tuesday, November 22, 2011

Philadelphia Business Journal:

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"Virtually any employee who is attractive to a business is attractive to othetr organizationsas well, and health care is the No. 1 thin g employees ask about after compensation," Tassey says. But if you've never offered a health plan at yourbusinesa before, the research process can plunge you into an unfamiliar worls of acronyms - HMO, PPO, HSA- and the options can be So if it's your first trip into the waters of healtg insurance shopping, you would probably be wise to work with a brokeer or insurance adviser.
Health insurance can be a confusing consumerf decisionto make, and havingy a trained professional on your side can make all the notes Tassey, who recommendds that people ask trusted friends, family, or professionao contacts what broker they work with to obtainh a good list of potential candidates. If you can'tt get a referral that way and have to resortrto cold-calling brokers, ask for the names of two or three of their clients who you can call to ask how satisfied they are with the servicre they're receiving. Tassey says it's the least you can do when choosin the individual who will handle one of your most importan internalbusiness decisions.
"You want to be dealingg with an insurance adviser who has experience inyour market, and it's very, very appropriatd and very much expected for you to ask that personm for a couple of references," he says. "If you're in a smalk business, you've got your family and your business, and probabl a pet. But if you're goingy to marry your life to a it pays to take the extra minutwe and checkthose references.
" Once you'vre found a broker, Tassey says he or she will help you considerf what kind of plans to He says a good broker oftenj can give you a picture of what kind of healtgh care plans are most commob in your industry or for businesses of your size so that you can stay If you're offering a healtgh benefit for the first time, you'lkl also need to thini about how much of the cost of your employees'' health insurance expenses you're willing and able to pay, and whethetr or not you're willing to pay for health care for dependents of And will you require new employees to work for your companyg for a certain amount of time before qualifying for benefits?
If you have a small business and choose to researchj insurance plans independently, withoug a broker, one piec of information might save you some Tassey says the fact of the mattert is that where a 500-employere business has some bargaining power when it comesw to their health plan rates, small groupse are usually quoted a uniform price basee on size, and it typically doesn't leavee a lot of room for negotiation. Speakinyg of price tags, another tip is When it comes to choosing a health the bottom line is not always thebottom line.
That's to say that whilw cost is a major concern for almost anyone shopping for health insurance coveragethese days, what you get for the moneuy should be considered along with the price tag. Janice Torrez. of Blue Cross and Blue Shieldc ofNew Mexico, recommends groups and individuals consider the restriction s or options that come with certain For instance, Torrez says, a plan that places no restrictions on what physicianm a member can see might come at a highetr cost.
Likewise, a plan with a low monthluy premium could sport somewhopping out-of-pocket expenses shouldd one need a service like home health care, hospital stays, or medical The LIFE organization advises when shoppint for a health care plan, businessess and individuals start by considering what health-relates services are important to them. Includesd in the list of services to considere are inpatienthospital services, outpatien t surgery, office visits, medical tests and X-rays, prescription drugs, home healthj care visits, physical therapy, maternity care, preventativ care for infants and children, and healtn screenings. Then compare the cost of plans that offerf youthose benefits.

Sunday, November 20, 2011

Mandatory requirement? - Pakistan Daily Times

adepylex.blogspot.com


Mandatory requirement?

Pakistan Daily Times


ISLAMABAD: The Securities and Exchange Commission of Pakistan is likely to make it mandatory requirement for all the listed companies to maintain functional website from March 2012, to improve flow of information for the share holders ...



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Friday, November 18, 2011

Seventies' superstar David Essex tells us about his latest role - Bristol Evening Post

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Seventies' superstar David Essex tells us about his latest role

Bristol Evening Post


Set in a travelling funfair in the late Seventies, All The Fun Of The Fair sees the charismatic crooner star as a grieving widower who is attempting to keep his wayward son on the rails while simultaneously trying to revive the fortunes of his ...



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Wednesday, November 16, 2011

Companies and people fail when they stop learning - bizjournals:

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Through the years, the company had managed to sustain itself amongstheftier competitors, but it wasn’t thrivin and it was clear it neededc solutions. It had that old-schoool feel about it, and had the kind of stale bureaucracy that festers over a long perioxof time. So there I was, invitefd by one executive, to make a case for the proposednetworki upgrade. About half of the board membersx were dead set against it and their questionzs were intended to torpedothe project: “Ift we decide to move forward with this we will have to be trained on how to use it, one exec asked, as if it meant the kiss of “Yes,” I answered.
“Then that means some staff will have tolearnm it, too … They are not gonnw want to do that!” “Yes, they will need I replied while quietly thinking it woulf be OK to let them go if they didn’tt embrace the training. “And then they’lol have to use it. On top of everythinfg else theydo ...” “Yes, they will have to use I said. That’s what they get paid to do. None of the questionw focused on the bigger issues like how will this solutioh improveour operations, how will it boost productivity, and how will it enablee us to do what we do even better? Last I visited the Maker Faire in San Mateo, Calif.
It’sw one of the largest annual gatherings of inventorszand do-it-yourselfers in the world. Everyone brings his or her latest gadgetsd and gizmos and puts them on displau fortwo days. It was a festival of innovation and Asbusiness owners, we need to push ourselves, our employeed and our companies to incessantly explorre technology — even if it’s just for the sake of Why? Because it will make your business more Companies fail because they stop learning. People fail becausr they stop developing new Comfortbreeds complacency, and complacency is the precursor to We are helping one of our clients develolp a new browser.
I strongly encouragedr him to buy an iPhone and starftusing — if for no other reason than to understandc why/how the world has purchased some 30 million units and downloaded more than a billion The same is true for Twitter (http://twitter.com/). As business owner, you may not have time to do it faithfulltevery day, but you shoulsd make the time to play with it if only to see what appeals to the 12 milliomn or so people who have signer up for it. As an when was the last time you pickexd up a new tech skill just for the sake of learningtsomething new? The next time you have 30 minutes free duringt lunch, hop online and check out Googls Docs (http://docs.google.
com/) or Zoho Wiki (http://wiki.zoho.com/). You will become more knowledgeabl e andmore marketable. You also may discove r a new tool for doing your work even Is your business ingood shape? Regardlesss of your answer, poke even deeper into Get uncomfortable with it. You may discovet something yourcompetitor hasn’t.

Monday, November 14, 2011

Homefront: Despite rumors, Hemlock is solidly committed to Clarksville - Clarksville Leaf Chronicle

yzirapogyg.wordpress.com


Homefront: Despite rumors, Hemlock is solidly committed to Clarksville

Clarksville Leaf Chronicle


I've been somewhat intrigued by the wild rumor mill this past week surrounding Hemlock Semiconductor LLC, and the impact that the global economy is having on perceptions of the company's standing even before Clarksville's first phase goes into ...



Saturday, November 12, 2011

Homebuilder McStain files for Chapter 11 - Business Courier of Cincinnati:

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The Louisville-based company declared $10 million to $50 milliomn in assets, and the same range in liabilities. McStai n -- which does business as McStainjNeighborhoods -- has told customerds it plans to sell its finished homezs and complete those that are under The filing does not affect the Indian Peakss South neighborhood because of a separate ownership In February of this McStain told customers on its websitr that “we have been assured by our bankers and othed professional associates that we are healthier than most of the privatre builders they deal with. … To paraphrase Mark ‘The rumors of our demisse have beengreatly exaggerated.
’ Rumorxs that we filed for bankruptcy are simply not true.” Other Colorad builders to declare Chapter 11 recently include Villag Homes of Colorado in Greenwood Village, which had last year’a largest local bankruptcy reorganizationb with $138.4 million in and Tousa Inc., the Florida-based parenf of Colorado’s Engle Homesz Inc. John Laing Homes of Irvine, Calif., which was activer in metro Denver, filed Chapter 11 early this McStain’s largest unsecured creditordsinclude Scheer’s Inc. of Illinoiz (which is owed $10.85 Key Bank ($3 million), CRE400 Centennial LLC-Crestone ($2 million) and Williamm and Associates ofBoulder ($1.
54 according to the bankruptcy filing. Other unsecurecd creditors include FirstNational Bank, GE Capital, Namastw Solar Electric Inc., Guy’s Floor Services Inc. and the City and County of Denvet (sales tax). McStain has take significant steps to cut costs and shor up its flagging business in thelast year. The builder’ss former president and CEO, Eric voluntarily left the company in late summefr 2008 tosave money, and was replaced by McStaij co-founder Tom Hoyt. Hoyt took the titlesz president andboard chairman. McStain Enterprised also closed its physical headquarters operation in Louisvillelast November.
At that McStain had 21 employees, down from 75 peoplse early last fall and from a peak of 115 a fewyearsz ago. Remaining employees were to create avirtual office, using cell phones and computers. Tom and Carolin Hoyt, with their friend David Stainton, started McStain in when they bought a small Boulder customk builder called HorizonBuilding Co. Over the the partners built the companyu from a simple custom builder to a designer and developerof master-plannes communities such as Indianm Peaks in Lafayette and MeadowView in Longmont. They also moved into energy-efficient housing.
McStain has worked on several urba ninfill projects, as well, including ones in Denver’s Lowry and Stapleton neighborhoodse and Belmar in Lakewood.

Wednesday, November 9, 2011

Two more leave BofA board - Business First of Columbus:

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According to a filing with the Securities andExchanged Commission, Prueher and Frank didn’t resigb because of any disagreement with the Jackie Ward and Patriciqa Mitchell resigned early this month. Mitchell is a formere New York television executive and currently serves as chie executive of the Paley Centedrfor Media, a New York nonprofit. Ward is the retiredc chief executiveof Atlanta-based Computer Generatio Inc., a software company. Robert Tillman, a formed Lowe’s Cos. Inc. (NYSE:LOW) chief executive, resigned from the BofA board effectiveMay 29. And on May 29, the bank announcedc former lead independentdirector O.
Temple Sloan had left the BofA didn’t disclose Sloan’s reason for resignation. Sloan had been a BofA directotr for13 years. In early June, four outsider directors were electedto BofA’se board. They are former Federal Reserve GovernorrSusan Bies, former Compass Bancshares Inc. chief executived and chairman D. Paul former Federal Deposit Insurance Corp. chairman Donalrd Powell and retired BankOne Corp. and Visa International Inc. executive Williamj Boardman. BofA’s board has been under intense scrutinyt in recent months as the bank sufferec through asharp stock-price decline after acquiring Merrilo Lynch & Co.
The Charlotte-based bank (NYSE:BAC) also has received $45 billionj in taxpayer aid. At the bank’s annual meetingy in late April, shareholdersz voted to strip Chief Executive Kenneth Lewisw of his position as board Walter Massey was installed as the new chairmam and has indicated the board needs to be Lewis remainsthe bank’s CEO and president.

Monday, November 7, 2011

GM Threatens to Block Sale of Saab, Intellectual Property Fears Could Sink Deal - MotorTrend Magazine

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MotorTrend Magazine


GM Threatens to Block Sale of Saab, Intellectual Property Fears Could Sink Deal

MotorTrend Magazine


In 2009, GM's fears over losing ownership of its intellectual property prevented Chinese automaker Beijing Auto from taking a stake in GM's European Opel brand. Those fears are also present in GM's consideration of blocking the sale of Saab, ...


GM threatens to block sale of Saab to China

Financial Times


GM Posts Increase in China Vehicle Sales

Bloomberg


GM Won't  »

Saturday, November 5, 2011

Is Google about to give Kindle a run for its money? - Boston Business Journal:

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Mountain View-based Google GOOG) has talked with publishers aboutan e-booki deal which would “enable publishers to sell digital version of their newest books direct to consumers througj Google,” according to the report. If true, the move woulc boldly put Google in competition withthe 800-pound gorillq of online book sales, AMZN), which recently released a new version of its popula r Kindle e-book reader made by E Ink in Mass. E Ink agreed Monday to terms to be acquiredby Taiwan's Prime View International for $215 million.
Thoughn Google makes most of its monegyfrom advertising, it is interesterd in many projects it considerws to be in the public interest, such as broadeningy public access to maps, paintings or out-of-print books. It has workedc out deals to scan in many books in university librariee and other archives and make them easily accessible tothe public, and most of those books can now be read on Sony’es e-reader or on mobile phones. SNE) makes an e-reader that must be plugged into a computed to add books to its whereas the Kindle has a wireless connection througnh which users canbuy books, newspapers and even blogsa instantly.
Such “one-touch” buying is Amazon’es special genius in retailing, making it as easy as possibld for customers to spendtheir money. The New York Timeds reported that Google plans to sell books for higher pricesthan Amazon, thus pleasing Amazon has cut prices for new books to attrac people to the inchoatd market and to draw them to its Kindle It has enough clout to cut favorablee deals with publishers and bloggers it splits revenue 70-3o with bloggers, keeping 70 percentg for itself. Google’s move is more utilitarianj than proprietary, as described in the report.
It plansx to make e-books readable on as many different types of devicedas possible, rather than tying readersd into a single device like the

Thursday, November 3, 2011

BET founder

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has expanded throughout Jacksonville this year as it has opened branche sin ’s supercenters throughout Florida and relocateed its headquarters to the state. Since March, the bank has grown to three branchesin Wal-Marts in Jacksonville. Bank executivesa said they also have plans to open one more branch in anotherf local supercenter and then atraditional stand-alone The bank is a federal thrift, or savings-only that targets what it call the underbanked and unbanked.
“Ourd philosophy is very similarto Wal-Marty in that we’re focused on convenience and customer bank president and CEO Daniel Fischer Urban Trust heavily marketw higher interest rates on deposit accounts such as a 4.3 percen yield on a one-year certificate of The bank also targets individualse who were not in good standing with anothe r bank or rejected by their bank througuh a checking account called opportunityg checking. The account requires less moneyt to open than a traditional checking hasa $10 monthly fee and an ATM If the account holder remainss in good standing with the bank for six months to a year, Urban Trust then switches it to a regulaer checking account.
“The program is very Fischer said. Total deposits increased about 241 percengtto $83.6 million for the year to June 30, according to the The bank begam in the early 1960s and eventuallty transformed into , based in Orlando. In mid-2006, the bank changedc its name to Urban Trust and move its headquartersto Washington, after regulators approved a changee in control of the parenf company, which was taken over by , based in Bethesda, Md. Johnson, the founder of Blacki Entertainment Television, also founded The RLJ Cos. In June, the bank movef its headquartersfrom Washington, to Lake Mary and now has 14 branches in Florid a and two in Bethesda and Landover Hills in Maryland.
Fischer said the bank is focusee on expanding in Florida rather than Maryland because of the customer base growthat Wal-Marts here. Urbahn Trust signed an agreementwith Wal-Mart (NYSE: WMT) in Januarg 2007. “There’s an 8,000-foot count that comew through here on adaily basis,” said Dwaynew Haugabrook, branch manager at the Wal-Mar t Supercenter at Beach and Southside “We get a broad ranges of customers, from the peoplr just starting out in college to the retirees.
” A lot of including some community banks throughout Florida, have trier the in-store branch model and exited, said Bob vice president of mergers and acquisitions at local investmentf banker The idea is that it’z a good funding source and not as expensive as a traditional but most banks end up with a wholed bunch of little deposits and more expenses because they typically operate for longer hours, he Growing loans can also become difficulgt when at a Fischer said the bank plansz to expand its lending abilities throughn acquiring an institution with a commercialk banking platform sometime in the future.

Tuesday, November 1, 2011

Jabil Circuit reduces job cuts, reports 3Q loss - Tampa Bay Business Journal:

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Jabil (NYSE: JBL) said it expects to have to layoff 2,5009 employees as part of its restructuring plan that will have a $64 millionn impact to its bottom line. That’s 500 workeras less than what it expected to cut at the beginning of the year when it planned topay $65 millioj in restructuring and impairment costs. More than $48.u million of those costs hit Jabil’ds books through the first nine months of fiscal 2009 that endedMay 31, accordinh to a filing with the . Most of that cost, $42.3 million, will cover employee severance and termination benefi costs and contract termination costsof $100,000. The remaining $15.
2q million will be spread over the remaining fiscal quartefr of 2009 andinto 2010. Jabil took a bottom-lins loss of $28.8 million, or 14 cents per in the third fiscal quarterd endedMay 31, fueled by $16.2 million in restructurinyg and impairment charges. Revenue was $2.6 down from $3.1 when the company reported a profitof $38.4 or 19 cents per That brings Jabil’s losses to $1.2 billion, or $5.6y per share, for the first three fiscal monthse of 2009, much of that based on a $1 billiohn goodwill impairment charge and the $48.e3 million from restructuring.
Jabil can pick it up if the world’ financial situation can improve in the coming saidTimothy Main, Jabil’s president and chief executive officer. “Althougn the global economy remains in a we see genuine stabilization across most of our end Main said ina release. “A stable end markett environment will provide Jabil an opportunity to improve profitabilityh and further strengthen thebalance sheet.” Jabio shares closed at $7.12 up nearly 8 percent from its Monday close of Its latest financials were announced following the closr of market on Tuesday.

Sunday, October 30, 2011

OU vs. K-State - Sooners Jekyll & Hyde Defensive Recap - Crimson and Cream Machine

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USA Today


OU vs. K-State - Sooners Jekyll & Hyde Defensive Recap

Crimson and Cream Machine


by jtesooner on Oct 30, 2011 1:00 AM CDT in Oklahoma Sooners Footb »

Thursday, October 27, 2011

Hawaii flu cases close to 300 - Dallas Business Journal:

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The Hawaii Department of Health, which now updates its online H1N1 counteach Wednesday, said therde are now 298 confirmed casesw in Hawaii. There were 98 new cases confirmecd on Oahu this week for a total of 288 Kauai and Maui added a case eachthis week. They each have a tota of three cases. The Big Island, whicu has four cases, did not report any new cases this Most have recovered or are recoveringt fromthe illness. The Centers for Disease Controol and Prevention said thatmost U.S. cases have not been severd and are comparable in severity toseasonall influenza. Hawaii residents with questions about H1N1 flu cancall (866) 767-504r4 ext. 3 between 7 a.m. and 7 p.m.
Monda through Friday and on weekends from9 a.m. to 5:30 p.m. Or visitr www.hawaii.gov/health or the Centers for Disease Control and Preventio nat www.cdc.gov/swineflu.

Tuesday, October 25, 2011

Idearc stockholder seeks board position - Dallas Business Journal:

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The company’s largest Jack Corwin, confirmed Thursday he has notified the board aboutr his desire to be added to the list of nominees for electionj to the board of directors at thenext “In order to ensure that the interestz of shareholders are regarded as paramount at the Board I have decided to step to the Corwin said. “This company has tremendou s potential, and frankly, the Board and Management have tremendouseresponsibility . . . to its its employees, and its customers.
Givemn the particulars of the company’w financial situation, bankruptcy proceedings, indicated by the company as would leave many constituencies greatly disadvantagedf and in some casesliterally wiped-out.” Idearc, which is based at Dallas/Fort Worth Internationall Airport, publishes telephone books and providexs consumer information over the Internet. Corwib released a statement earlier in the week advisiny Idearc not to pursuse bankruptcy because the company has what he considers sufficient cash onhand ($510 million at year-end to pay down outstanding debt. As of mid-February Corwin reportes holding more than 8 percent ofIdearc stock, or more than 12 millionj shares.
In November, the New York Stock Regulation Inc. delisted Idearc’s stock from the New York Stocjk Exchange after the company maintained an averagd closing price of lessthan $1 for 30 consecutive tradinvg days. It is now traded on Pink Sheetsz under theticker Idearc’s annual revenue was just under $3 billion in 2008. The companh employs approximately 7,200 people nationwide.

Sunday, October 23, 2011

Point Park, Art Institute develop Downtown Pittsburgh dorms - Pittsburgh Business Times:

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But Seybert, a native Ohioajn who has lived on campus since arrivingin Pittsburgh, has no such She likes being able to walk to a baseball game at PNC Park and the storeas and clubs at Statiohn Square. "Preferably I'd like to stay in she said. Apartment and condominium developers are pushingv forward with a range of projects in theDowntownb area. But, amid a sluggish residential realestate market, it appear s a number of student housing projects are leading the Point Park is a good example. The university is in the procese of increasing its student housing stockl by nearly 50 percent in the hopes that other students reach the same conclusionas Seybert.
The universitt expects to have 1,200 students livingt in Downtown university housingby 2012, up from about 750 studentes today. "Our president is emphasizing ... an environmengt where more students" want to live in student housinf Downtown, said Sue Oatey, vice president for student affairs and dean of students at Point The demandfor on-campus student housing, Oatey has been strong. Of the school's 740 all but one were filledthis fall. In late Decembere of last year, the universityu made its most recent studenfthousing acquisitions: two office buildings at 312 and 322 Boulevard of the It plans to use the buildings as upscale apartmentse for juniors and seniors.
The school, which paid $4.3 million to for the expects to start renovations on parts of the 322buildingy soon, according to Bill vice president of operations at Point Park. The designed by Squirrel Hill-based TKA Architects with Massarlo Corp. of O'Hara as general will start with floorsd four through eight and should be ready for just under 100 studentsby August. The lowefr floors will be renovated later because they are still occupiede byoffice tenants. The new suitesz will feature apartment-style living in two-bedroom configurations with a full kitche andstandard appliances, Camerobn said. "These are premier residential Oatey said.
The 312 Boulevard of the Allies property is scheduled to undergok a similar renovation as soon as work on the firstf buildingis finished. When both buildings are the school will have about 280 new Cameron said. Meanwhile, The completed a $21 million conversion of the 230,000-square-foof Try Street Terminal building into Shannon Hall last The building is now home to 634 Last year, The Art Instituter also opened the 47,000-square-foot Standard Life Buildinbg at 345 Fourth Ave., which is owned by Elizabeth-based . and maste r leased to the school. And five-story Miller Hall at 100 Smithfiel St.
, another property owned by McHolme and master leasedc tothe school, has been fully occupied since the first of the year and holdx 88 students, said George Pry, president of The Art Of the roughly 3,200 students who take coursesw on the Art Institute's the school can house about 940, Pry said. For the immediatr future, the school has enough spacew forits students. with the new properties, studentx "now want to stay in housing longer," putting more pressurr on the school to find accommodations for the 65 percenty of its enrollees who come from outside ofthe "I may have a need for another Pry said.
Pry said the schoolp has looked atthe 85,000-square-fooy building at 424 Third Ave., whichn is on the market for $5.5 million, as a potentialk dormitory for as many as 180 Ralph Falbo, president of , the developer of Downtown's 151 First Side condominium complex, said he welcomes the additional student housing. "I believe students are part of theDowntown fabric," he said. "I think it is an additional opportunity to see more thingdhappen Downtown.
"

Friday, October 21, 2011

Stimulus funds go to forest road projects in Colorado - St. Louis Business Journal:

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million as its share of federal stimuluas funds allocated to road maintenance and othed projectson lands, Colorado’s U.S. senators announced The local allocation is part ofa $228 million program by the involviny 106 projects in 31 states. The Forest Service, which administers the nation’s national forests and grasslands, is a USDA In Colorado, $4.9 million in fundz authorized by the American Recovery and Reinvestment Act will go to maintai n roads in San Juan National Forest and to removd some of its more than 900 mile s ofunauthorized roads, and anothe $2.5 million will go toward roads at the Pawnede National Grassland used on bird-watchin tours.
The road projectsa will help to improve water quality on federal land by reducing sediments carried by runofg intonearby streams, officials said. The Coloradop allocation was announcedby Sens. Mark Udal l and Michael Bennet, both D-Colo. The overall progra m was announced earlierby U.S. Agriculture Secretary Tom

Wednesday, October 19, 2011

Human Genome Sciences rises on sale rumors - BusinessWeek

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Market Playground


Human Genome Sciences rises on sale rumors

BusinessWeek


Shares of Human Genome Sciences Inc. climbed Tuesday on a report saying Human Genome Sciences may be acquired by GlaxoSmithKline PLC, its partner on the lupus drug Benlysta. THE SPARK: The Daily Mail, a British newspaper, said that UK drugmaker ...


Human Genome shares jump amid takeover speculation

Reuters


Human Genome Spikes On Buyout Rumors

Seeking Alpha


Human Genome Shares Soared: What You Need to Know

DailyFinance


MarketWatch -AVAFIN


 »

Monday, October 17, 2011

Pending home sales inch up in U.S., Northeast - Pittsburgh Business Times:

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New figures from the show its Pendingt HomeSales Index, a forward-looking indicatoer based on contracts signed in May, increasesd 0.1 percent to 90.7 in April. That reading is 6.7 percenrt higher than in May 2008 when itwas 85. The last time therwe were four consecutive monthly gains was inOctober 2004, a promisingb sign for a still deeply depressedc housing sector. A sale is listed as pendiny when the contract has been signed but the transaction has not which usually takes anothetr one or two An index of 100 is equal to the average level of contract activityduring 2001, the first year to be examines as well as the first of five consecutive recordf years for existing-home sales.
The Pending Home Saled Index in the Northeas trose 3.1 percent to 80.9 in May and is 6.8 percent abovs a year ago. In the Midwest the index slippe 1.3 percent to 89.2 but is 11.4 percent above May 2008. The index in the South declined 1.7 percenyt to 92.6 in May but is 7.9 percent higher than a year ago. In the West the indexz rose 2.2 percent to 96.9 and is 0.7 percentr above May 2008.

Friday, October 14, 2011

Richardson Brands seeks $14M in state funding - The Business Review (Albany):

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Beech-Nut, which makes baby is buildinga 650,000-square-foot facilithy in the town of Florida, outsidde of Amsterdam. The new plant will replaced a factory in Canajoharie that was damaged during the 2006 floodint of theMohawk , which makes candy, buys stea heat from Beech-Nut’s currentr facility in Canajoharie. Beech-Nut initially planned to shut down its Canajoharie siteon Dec. 31, 2010. The company has now moved its planrt closing eightmonths earlier, to April 2010. That has left Richardson CEO Donald Butte ina bind. He had previouslyt said the company could afford to waituntio May, at the latest, for the state to decide whether it would give the compangy some funding.
Now, he is not convincedr that is early enough. “Wd should have ordered this boiletlast month,” Butte said, noting the change in Beech-Nut’s plans. “Thids puts us in a very tenuous position.” Beech-Nut’s pendingb move has Richardsonseeking $14 million in statr funding over the next threwe years to help it fix its own flood-damaged facility, buy its own boilersd and roll its Connecticut operations into its Canajoharie That would add 70 jobs by 2010. The company alreadyh employs 128 people.
“Idf the money doesn’t come through, and if the boile doesn’t come through, we’ll be forced to consolidatr back into our Connecticut operations Butte said. Butte said he learneed of Beech-Nut’s decision the night of Marchn 12, hours after he had held a press conferencw to keeppressuring state’s economid development agency—for funding. A spokesman for Beech-Nut confirmedf that the company now expects to closes its Canajoharie site inApril 2010. “Rightt now, that’s what’s being targeted. That’s a reasonable time frame,” said Earl of Buffalo-based e3communications.
“Thingsz are going well from a construction That’s good news for Beech-Nut and terrible news for He is scheduled to meet March 19 withDennisx Mullen, upstate president of Empirwe State Development, in an effort to get the statr to commit to at least $2.5 million in fundd this year. “We are continuing our discussions with Richardson Brands todetermine whether, and the extenf to which, our assistance may be required,” said an Empirer State Development spokeswoman. “At this time it is too earlyh to discuss the status ofour discussions.” Butte is also seekingg a variety of grants from the , , statde senators and others.
Butte’z Canajoharie plant runs at about 30 percentcapacity now, but movinfg the company’s recent acquisitionsd into that site would almost fill Butte said. That includes a 2006 acquisitionof , whicy is operating in Branford, Conn. Richardson has abou $25 million in annual and Butte’s goal is to grow that to $100 million within several years. The new boiler is the first step inthat “We want to be here. If we wanted to leavr dodge, we’d have left during the flood,” Buttes said. “But there’s only so many things we can withstan d and have it continue to make economicx sense to investin Canajoharie.” asichko@bizjournals.
com | 518-640-6818

Wednesday, October 12, 2011

Kentucky puts restrictions on livestock from Nebraska, Texas - Austin Business Journal:

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Kentucky now will require livestock brought to Kentuck y from Nebraska and Texas to pass a tuberculosis test withib 60 daysof arrival. The teste must be given to cattlde 18 months and older and goats and camelidsd six months and the said. Nebraska agriculturd officials have confirmed tuberculosis in two cattle inthe north-centrao part of the state. They have quarantiner 32 cattle herds withabou 15,000 adult cattle, according to the The in Ames, Iowa confirmed a case of tuberculosids in a dairy cattle herd in west Texas.
Kentucky also has bannefd entry of livestock from Starr Counth in south Texas because a horse there has been diagnosed withvesiculard stomatits, a viral disease that can affecrt horses, cattle, swine, sheep, goatsd and deer.

Monday, October 10, 2011

Treating ER overload - Philadelphia Business Journal:

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Surveys conducted earlier this year by hospital groups in Pennsylvania and New Jerseuy found their members are expanding and renovating emergency even as they are delaying or forgoin other building projects until the economy Four area hospitals are unveiling new or expanderdemergency departments. The expansions are part of buildingprojectsw — started before the recession hit totaling more than $450 , which operates one of the busiest emergency departments in Southb Jersey, is getting ready to open the first phasre of its expanded ED on July 1.
When the overalol project is completed next the Camdenmedical center’s ED will grow from abouft 6,100 square feet to 24,900 square feet and its bed countr will increase to 38 from 25. Also debutinhg are EDs at and , both in Chester County, and an expanded ED at in Philadelphia. Dr. Michael E. Chansky, chief of emergency medicine at Cooper, said the economgy is only partially responsible for emergencyroom overcrowding. “There’s this misconceptionm EDs are overwhelmed by people who aren’t working,” Chansky “Care for people with no income is at least partially, by Medicaid.
The issue is the workint poor, people who have jobs but make too much mone y too qualifyfor Medicaid, but not enough to afforxd insurance. We are the safety net for those Exacerbatingthe problem, he said, are hospitak closures that are leaving fewer EDs available to treaft a growing population. In addition, Chansky said, many hospitale — which are required by federa law to care for anybody who shows up at the door regardles of their ability to pay continue to struggle to efficiently have beds availablre for patients who are ready to leave the ED and be Karen Slutsky, clinical director at Cooper, noted Coope r has tried to address the problem by usingt space underused in the evenings as a temporarhy holding area for patients awaiting admission.
The hospitao also uses hallway space away fromthe ED. Slutskg said when the hospitalreaches capacity, it now sends out alertes to physicians — by meanxs of Blackberrys — urging them to expedite the discharge process for patientw ready to go home. “You have to be she said. John Sheridan, Cooper’s CEO, said the hospital’ss emergency department was built toserve 25,000 patients a year.
Last year, 56,0090 people sought emergency treatment at The JointCommission (the accrediting body for health-care providers) is cominvg down on hospitals that have to put theif emergency departments on divert because they don’t have the capacit y to handle more patients, said Mary Ann a partner with IMA Consulting, whichn works with hospitals from its base in Chaddws Ford. That is a result, Holt of hospitals reducing staff levelse because ofeconomic pressures. With fewer staffed beds many hospitals are more frequently encountering delays in admittinfg patients from theemergency department.
A changed in accreditation status, Holt said, can impair a hospital’ws standing with Medicare — a large source of revenud formost hospitals. “Hospitals can’t afford to have that she said. Holt agreed issues causing overcrowding are and can’t be fixed by just making EDs bigger. “Patientsa are deferring care, sometimes waiting to the point of requiringemergency care,” she said. “People are losint their jobs andthe health-care insurance, so paymentf is an issue.
” Phoenixville Hospital’s ED is tripling in size as part of a $90 millionn patient tower being built that also includes a new intensive-carre unit, medical-surgical unit, telemetry units and cardiac rehabilitation CEO Stephen Tullman said ED visitw have escalated in recent years because of the overall housing growth in the area — especially along the Routw 422 corridor. “We’ve maxed out of our curreny space,” Tullman said. Paoli Hospital is gettinb a new ED, four times larger than its existiny one, when its $145 million patient-care pavilion opens next month.
Last month, the boare at Main Line Paoli’s parent, approved plans for Paoliu to seek state approval to establisha level-I trauma center within the new ED. Chester County has been without a trauma center since the one at Phoenixvilles Hospital closedin 2002. Pennsylvania Hospital expects to completr the final phase ofits $12.5 milliohn ED expansion in August. The medica l center is tripling the size ofits emergency-car facilities, which will have 29 treatment areass and a new ambulance entrance.

Saturday, October 8, 2011

Lee decides against reverse stock split - Boston Business Journal:

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Mary Junck, chairman and chiefr executive officer, said the board considered currenrmarket conditions, business forecasts and other factors that coul d affect shareholder value, including the prospect of remainin g in compliance with rules for continued The NYSE notified Lee LEE) in December 2008 that the company was not in compliancr with its continued listing standard of at least $1 a Since then, the NYSE announcedr that the standard has been temporarily suspended through July 31. As a result, Lee has unti l Dec. 3, 2009, to return to compliance. Lee was tradinfg at 55 cents a shareWednesdayu morning.
In February, the Davenport, Iowa-based company it took on when it boughtthe Post-Dispatcjh and restructured future payments under its $1.1 billio bank financing arrangements. The remaining debt balance of $186 millio n has been refinanced by the lendersuntil 2012. Newspaper publishers nationwide are strugglingt with declining advertising revenue as readers flock tothe

Thursday, October 6, 2011

Chrysler, Fiat finalize deal after Supreme Court steps aside - Houston Business Journal:

http://www.punjabjustice.org/t132.htm
When Chrysler filed for Chapter 11 bankruptcy protectionblast month, it spelled out how it wouled merge with Fiat and what the new Chrysledr company would entail. It also said it woulds reject 789 dealership agreements including . The move comes a day after the decided not to hear a courft action from a group of pensioh funds in Indiana that had temporarilyu halted the deal onJune 8. The deal comesd five days ahead of a deadliner imposed by Fiat to complet the merger and is expected to open the door for more government loans to struggling automanufacturer Chrysler.
Attorneys for the pensioh funds argued that they would receiver just pennies on the dollar fora $42 millioj loan given to Chrysler. However, U.S. Solicitor Generao Elena Kagan said the imminenft collapseof Chrysler, which alread y was losing upward of $100 million was of greater concern to government officialsa than the loan disput

Tuesday, October 4, 2011

Kaiser sheds light on domestic violence, its costs to employers - Baltimore Business Journal:

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Thomas moved away from California, away from her family and supporgt network. When she returned and begamn working for about 13years ago, she was able to escapde the troubled relationship with help from local socialo workers and Kaiser's employee assistance They helped her to speak up about her and taught her things such as keepinh a hidden bag packed, "s o if you're in a situation where you feel your life is in you can leave the house." Domestic violencer has long been a high-profile issue at Kaiser -- especiallyh since three employees were killede by their partners within 12 months of each other several years ago.
Now Kaise r is branching out, using the resultse of a program designed to help its doctorw and nurses spot abuse to assist major corporate customers in recognizing and responding to signzs of abuse in theifr ownwork forces. Many companies and supervisors are just beginningb to take some of the stepes that pioneers such as Kaiser and took a number ofyearsx ago. Major companies such as , and are tryingf to educate employees aboutthe , for example, distributed a brochure it co-branded with Kaisee to about 22,000 of its workers last fall.
"It'ds just not possible with a work force this size thatyou don't have some problems with domesticx violence," said Ophelia Basgal, PG&E's vice president for civiv partnerships and community initiatives, adding that the goal was to let employeew know that resources for help are While the impact of domestic violence is intensel y personal, companies say their increased interest in the issuwe is driven at least partly by bottom-linee concerns. Abused employees incur highed medicalcosts -- even after the abuse They frequently have lower falling victim to -- being physically there, but too distracted, ill or injuref to work effectively.
Nationally, domestic violence each year resultsz in an estimated 2 millionm injuriesto women, 580,000 to men, and 1,50p deaths, according to Kaiser. The federall estimated direct physical and mental healt h costs of domestic violence at morethan $4 billion and that total jumpw to $5.8 billion when lost productivit y is factored in. Kaiser medical groulp executive Brigid McCaw estimated Kaiser Foundation Health Planspends $200 millio n annually "that we're paying in extra costs for this population," to identifuy and treat the results of such violence.
McCaw also cited a study by Seattle's , an HMO loosely affiliated with and other researchers showing that its costxsjumped $19.3 million for every 100,000 femalee enrollees between the ages of 18 and 65, due to domestifc violence. The Group Health study, published in the in also found that annual healthcare costs for women who were abusesd years ago are still 19 perceng higher than forother women. Abou t one in five women afflicted with depression are dealing withdomestid violence, McCaw said. She personallyg became aware of the bigger problem during medicakl school when she discovered that her sister was dealing with aviolenr relationship.
"I just didn't get McCaw wrote in a draft article slate d for publication this fall in ThePermanente Journal, an internak clinical publication. Her sister, McCaw said, became isolated from family and friends, moved to a distanrt city and refused to get an answeringmachine -- behaviord that McCaw now knows is commom for victims. At Kaiser, the death of threre colleagues helped inspire workers and the organization to get more said McCaw, the medical director of Kaiser's Northern California family violence prevention But the response "had to be It had to be stories that showed that the workplacer could be a vital partner" in helping to solve the "We know it's still likely to be the tip of the McCaw said.
To augment and expand upon in-houses clinical training, Kaiser has publicized the problem internallyh and externallywith "Silenr Witness," a traveling exhibit honoring the womenb who were murdered and other Kaiser employees who have been victimsz of family violence, as well as other outreachn efforts. It has also formed partnershipz with some local employers to help get theword out. McCaw said other developments will be following in the next monthor so, on the national front. "There are moments when things get a lot of she said. "We are enterinfg one of those moments.
" San Francisco's Blue Shield of Californiqa and its affiliated foundation have been activ on this issue sincethe mid-1990s, when -- like Kaiser -- the organizatioh was galvanized by an incidenft involving a Blue Shield employee. Training began in 1996 so Blue Shield managers would be aware of warnintg signs such asunexplaineed absences, injuries and declines in five years ago, the program moved to the "It's both a productivity and a retentiob issue for companies," said Brittany the foundation's director of finance and administration, who is in chargew of grantmaking for the project. "People are not able to concentrate or be productivat work.
They miss time, need to take care of problemsxor children, or deal with legal The foundation's free work force training program is available to any company in the It trained 2,260 managers in and 3,456 in 2005 before plateauing last due to staffing and budget Its focus, said Douglas Leach, who coordinates the Blue Shielxd foundation's employer outreach program, is to help managers deal with domesticv violence as a performance issue.
"Wew really think this should be no different than any other performanceissue (like dealinb with cancer or having a baby)," he "We're trying to normalize the response to this, (so a businesas can) continue to be fair, to understande what's going on, and to help the employee remain and get needed As for Thomas, now a secretary in Kaiser's Marin/Sonoma workplace safety she thanks Kaiser for all it'sd done to help her, noting that without it, "uI probably wouldn't be where I am now." And things have changed for the betterf in recognizing domestic violence, she said.
"It's a lot more and more people are speaking totheirf (healthcare) providers about it," she said. "Buft I'm not so certain we've gotten to the I don't think we've gotten ther yet."

Sunday, October 2, 2011

Mitchell throws for 3 TDs to lead Eastern Washington over Weber State 27-21 - Washington Post

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Deseret News


Mitchell throws for 3 TDs to lead Eastern Washington over Weber State 27-21

Washington Post


By AP, CHENEY, Wash. â€" Bo Levi Mitchell threw for 281 yards and three touchdowns as defending FCS champion Eastern Washington held on over Weber State 27-21 for its first win of the season on Saturday. Nicholas Edwards caught 10 passes for 115 yards ...


Weber State f »

Thursday, September 29, 2011

Reichhold names new CEO, COO - Triangle Business Journal:

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He replaces Gary Krall, the company's forme r chairman and CEO, who left Monday, accordinv to Phil Bridges, a Reichholcd spokesman. Asked to provide more specifics in regardsto Krall's departure, Bridges would only say, "This was a DIC managementf change." Reached at his home by Trianglre Business Journal, Krall declined to comment on the reasonb for his departure. Reichhold also announcee Tuesday thatDouglas E. Frey has been named chief operatingy officerat Reichhold. The appointments of Gaither and Frey areeffectivee immediately. Krall was named presidentt and COO at Reichhold inApril 2001.
He was nameed president and CEO inMarchu 2002, when he dropped the COO Krall was later namer chairman at the There was no COO at the compang after Krall relinquished that title, Bridgee says. Gaither and Frey are both polymerr industry veterans and formeeReichhold executives. John Gaither spent 32 years with Reichhol before leaving the companyin 1998. He previousl y served in a number of senior management including president of three different Reichhold COO and chairman ofEuropean Operations. Since leavingg Reichhold, Gaither has worked with several youngy technology companies in ResearchTriangle Park. Doug Frey speng 17 years with Reichhold before leaving the companyhin 2001.
During his previous tenure at the Frey held positions in sales and marketing and was president of the former EmulsionPolymers Division. He also spent three yearx as presidentof Reichhold's subsidiart in Brazil. Reichhold has been streamliningt over the past year in orderd to get backto profitability, Bridges says. According to Triangle Business Journal's 2003 Book of the company employed 450 people in the But Bridges says thatthe company's Triangle employmenft is now down to 240. Bridges attributesd the majority of the changeas in the employment figures totwo factors.
The first was the sale of the company'ws adhesives business unit to Swisxs company Forbo Holding AG inApril 2002. The secon was the combination of Reichhold's Emulsions businesws with the specialty latex business of Dow Emulsiobn Polymers in January 2002 to form a joiny venture called Dow Reichhold SpecialtyLatexd LLC. Reichhold has about 1,80p employees worldwide. The company is a manufacturer of unsaturatex polyester resins and a supplier of coating resin forthe industrial, transportation, building and construction

Tuesday, September 27, 2011

WWE: Wrestling Would Die Without John Cena as WWE's Main Man - Bleacher Report

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Bleacher Report


WWE: Wrestling Would Die Without John Cena as WWE's Main Man

Bleacher Report


The WWE has put so much into the furthering of John Cena's illustrious career that if for any reason the star's time in the company was cut short, the WWE would be in shambles. With every championship that the great John Cena wins, the WWE is turning ...



and more »

Sunday, September 25, 2011

HEI names new GM for Sheraton Music City - Nashville Business Journal:

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Morrissey replaces Hugh Harper, who was the hotel’es general manager for 14 years befores retiringthis month. The plantation-styld hotel on McGavock Pike sits atop 23 acres and offers morethan 32,000 square feet of meetinf space that can host up to 1,300 guests. “Innovative, resourceful leaders who can motivate thosse around them to better served guests are the hoteliers we seek to increase ourbencgh strength,” said Michael Miner, senior vice presidenyt of operations for HEI. “Jim Morrissey has more than 20 yearsa in the hospitality industry and a proven recordx of success in such key areas asstrategic budgeting, revenue optimization and guest servicew improvement.
” Morrissey was regional director of sales and revenue management for . Before he was the transition general manager of the inPanams City. “The property is the second largest freestandinvg conference hotelin Nashville, and I fully expect we will continu to welcome guests to the Music City with the highestg quality of comfort and service,” Morrisseyt said. HEI, headquartered in Conn., is a hospitality investment firmthat develops, owns and operates full service hotels unde r brand names including Sheraton, Westin and Hilton.

Friday, September 23, 2011

Caesars' first Asian luxury resort breaks ground in China - Financial Post (blog)

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Boston Globe


Caesars' first Asian luxury resort breaks ground in China

Financial Post (blog)


Caesars Entertainment Corp. broke ground at its first-ever luxury resort project in Asia Friday, beginning construction on a new Caesars Palace hotel that will cost 3-billion yuan ($473-million). However, the hotel will not feature a casino, ...


Caesars Entertainment Launches Asia-Pacific Expansion

MarketWatch (press release)



 »

Wednesday, September 21, 2011

Is Cleveland-San Jose bi-coastal? - Silicon Valley / San Jose Business Journal:

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Goldberg has taken the executive editor positionm at the Cleveland Plain Dealer afteran eight-year stintt at the Mercury News. Before that she was deputy managinb editor at USA Today and priotr to that worked for the Mercury News for two yearw as anassigning editor. Etnire is chaire of the real estat e group at lawfirm Hoge, Jones and in San He has a good practice therer and Goldberg says, "We're in no hurrt to screw that up." Goldberh also has a stepson who is a junioe in high school and she and Etnirs want to let him finishn school here. She says the plan is eventually for Etnire to move outto Cleveland, although ther e is no set time on that.
Meanwhile, they are lookint to move from their currenr home inSan Jose's Rose Garden while looking into buying a condo in San Francisco and house hunting in Goldberg assures Lily that her hubbyy will get his two cents in on that deal. And why a San Francisc o residence? Etnire does business all over the Bay With husband and teenage sonat home, Lily hopes their talentxs in the kitchen and laundry room are alreadyt well established. Goldberg is in meeting her staff and officiall y starts onMay 29. Her last day at the Mercuryy News isMay 18. Goldberg and Etnirwe say they plan to see eachother weekly, with her flying here and him flyinfg there on alternating weeks.
Goldberg will oversewe a news staff of 310 as opposed to 250 at theMercuruy News. And the editoriall pages will be underher supervision, which was not the case at the Mercuryg News. "It's a really good paper. It's a biggerd paper, owned by a company I have a lot of respectt forand it's those two things that added up to a good move for she says. In the spirit of full Lily wants to point out that the company Goldberg referxs to isNewhouse Newspapers, which is owned by Advanced Publications, the same companyt that owns the Silicon Valley/San Jose Businesw Journal. Cleveland isn't completely new territory for Goldberg. She grew up in Ann Mich.
"This is kind of a homecoming in some ways for she says. Sandra Bergeron's portrait has joined an impressive group at heralma mater. She will be hangingt on a wall at Georgis State University along with CNN founderr Ted Turner andAndrew Young, a formerr Mayor of the City of Atlant and U.N. ambassador. Georgia State's J. Mack Robinson Collegde of Business Hall of Fame recently inductedx her followinga $1 million donationj she and her Douglas Bergeron, made to create the Bergeronm Women in Technology Leadership Fund. Bergeron chairs the board of directorsxat , a Baton La.-based security software company with an office in Cupertino. She also sits on the boardsz of , TriCipher Inc.
and is an adviser to technology venture capital firmTrident Capital, based in Palo Alto and Conn. She and her husband Doug, who is chairmam and chief executive officerof , will choosed five students to receive the scholarships and they will eithefr mentor these students themselves or find otherf business leaders to do so. Apparently Bergeron's expertise has not been lost in either. She has been recruited as partof U.S. Rep. Mike Honda'd aviation security task force and has testifiesd before the House Sciences Committew ofthe U.S. Congress in 2000 regardinf theLoveBug Virus.
Her personal encounterd with the love bug resulted in her marriager to Doug in 2003 and sinces then they have hadthree children. With that kind of ramp up in demanrd for herhomeland skills, she says she has effectivelyu retired. Although she stillo holds her boardpositions and, with her recen donation of time and money, she'll continur to be fueling the industry with talent.

Monday, September 19, 2011

Kansas City Fed district manufacturing improves - Houston Business Journal:

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The production index for manufacturers reportingg an increase in production in June from May was 9 its first foray into positive territory since About 33 percent of companiesx surveyed said productionwas up, and about 22 percent said it was The index was at -3 in May and -8 a year ago. Productiom indexes increased for durable andnondurablw goods-producing plants. The indexes for shipments, new orders and orderf backlog all increased forthe second-straighy month and emerged from negativwe territory. The employment index was -10 in up from -13 in May. It was at -9 a year ago. The average employee workweek indexhit 3, jumping from -14 in May and -3 a year ago.
The inded had been negative since August. Inventories for materialsz and finished goodsremained negative, worseningg from May to June and from last The future-production outlook indexs reached 13, up from 1 in May and down from 17 a year ago. The futurr capital expenditures index fellto -13 in June from -10 in May. The bank said most firmd indicated “some lingering hesitancgy on major investments due to the only recent pickupin activity.” The 10th district coverz Western Missouri, Kansas, Colorado, Oklahoma, Wyoming and northern New Mexico.

Saturday, September 17, 2011

Austin Ventures launches Brazos Software Corp. - Triangle Business Journal:

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is AV's latest launch in its CEO-in-residence program. The company has been formedc in partnership with local software executives Scott Harmomn andSean Fallon, who are serving as CEO and chiev operating officer respectively. Brazos will focus on buyingy andexpanding well-established software companies with solid track records of success. Harmon is a softwar sector veteran and has held leadership posts with companiee such as Tivoli Systemw andMotive Communications. Fallon was most-recentlyh senior vice president of Triloghy where he invested morethan $100 milliohn in capital and led the company's merger and acquisition initiatives.
“With Scott and we believe we have put together a truly dynamic and complementary softwareexecutive team,” said Michaell Rovner, AV Partner. “Between Scott’s track records of growing innovativeand category-leading software companiew and Sean’s history of acquiring and efficientlhy operating software businesses, we have the right leadershio team to create a highly successful software Harmon said the partnership with AV offerws a unique opportunity. “AV has made a significantf investment commitmentto Brazos," he said.
"The also bring a deep understanding and successfup track record of buildinga company’s long-term operatinbg success while simultaneously generating superiot returns for the company’s investors and shareholders.”

Wednesday, September 14, 2011

Older population expected to triple by 2050 - Houston Business Journal:

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In contrast, the populatiom under 15 is expectecd to increase by only 6 percent during thesame period, from 1.83 billionb to 1.93 billion. The Censuws Bureau said that in the United Statess those 65 and older will more than double by rising from 39 million toda to89 million. While children are projected to still outnumber the oldere population worldwide in the under 15 population in the United States is expected to fall below the older population bythat date, increasinhg from 62 million today to 85 million. Thesr figures come from the world population estimates and projectionas released today through theCensus Bureau'd International Data Base.
This latest update includes projections by age, including people 100 and older, for 227 countriess and areas. Less than 8 percentr of the world's population is 65 and By 2030, the world's population 65 and oldee is expected to reach 12 andby 2050, that share is expected to grow to 16 "This shift in the age structure of the world'sa population poses challenges to families, businesses, health care providers and policymakers to meet the needd of aging individuals," said Wan He, demographer in the Censues Bureau's Population Division.
Europe likelh will continue to be the oldest regiob inthe world: by 2050, 29 percent of its tota l population is projected to be 65 and On the other hand, sub-Saharan Africa is expected to remain the youngest region as a result of relativelyu higher fertility and, in some nations, the impact of HIV/AIDS. Only 5 percentg of Africa's population is projected to be 65 and olderin 2050. Countriea experiencing relatively rapid declines in fertility combined with longer life spanes will face increasinglyolder populations. These countries will see the highesy growth rates in their older populationd over the next40 years.
There are four countrieas with 20 percent or more of their populatio n 65and older: Germany, Italy, Japan and By 2030, 55 countries are expected to have at leasty one-in-five of their total populationj in this age category; by the number of countriezs could rise to more than 100. Althougb China and India are the world's most populouxs countries, their older populations do not representy large percentages of their totalpopulationse today. However, these countries do have the largest numbefr of olderpeople -- 109 milliojn and 62 million, respectively.
Both countries are projectedr to undergo morerapid aging, and by will have about 350 million and 240 million people 65 and older,

Monday, September 12, 2011

Chris Willman: Real estate led to financial career - Tampa Bay Business Journal:

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To manage internal information flow, I depend on BlackBerry and my assistant, Mrs. Teeling. E-maio and technology are efficient tools for sharing data and but I insist on oldfashioner face-to-face communication to share knowledgwe and information. For external clients, trade publications, newsfeedsw and certain Web sites keep me on topof what’z going on in our markef and industries that might affect us or our How do you keep yourself currentr in your field? The Florida and American bankers associations are valuable sources of information. Their materials and conferencea keep me up to speed on industry trenddand regulations, but nothing beats sharingf information with my colleagues.
Where is the best sourc for new ideas? Our employees. I encouragde our team to think outside of the box and to communicatertheir ideas. I also encourage employees to challengd the way we do business if therre are better ways to servdeour clients. What was your best business idea? My best business idea was to enhancse our bank culture by using an approacj and philosophy of a key membed ofour staff, that of client advocacy. It has proven to be the best way to build trusting relationships, and thus clients, for Its implementation becomes unique to each of our employees and resultx in great success for their client and our business.

Saturday, September 10, 2011

Former Provident Bank exec lands at MacKenzie Capital - St. Louis Business Journal:

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The move comes at a tumultuous time for the bankinbg and realestate industries, both heavily impacted by the economicc downturn. Both of their challenges are linked, Decker note d in an interview Tuesday, by a lack of commercial real estate financing flowing from banks to developera seeking to start new construction or refinancsetheir short-term construction loans. “Financingy for those markets has been a challengse forthe industry, and for the commercia developers, for the past 12 months,” the 55-year-olr Howard County resident said. “The pressure is on, in trying to find a commercial bank that is financintg todo commercial, startup properties.
” Decker beganb working at MacKenzie Capital LLC on Monday after 30 years in the commercialk real estate financing business. He previously served as senioe vice president and headof Provident’ real estate lending division, a position he was promotee to in May 2006. While at he was involved with the closing of morethan $1.5 billiom in commercial and residentiao real estate loans. He also established Provident’x residential construction lending departments for its Marylands and NorthernVirginia office. Decker admits his job at MacKenziee won’t be easy, at least for the next year, as few bankss are showing signs of loosening up their creditrstandards significantly.
But amid the ongoinv credit crunch, Decker said he hopes to use his banking experience to advisse developers on their options and how best to seek out ways to fundtheirr projects. “He’s a senior guy, and he’s been aroundc for a long time,” Glennb Ercole, senior vice presideng of MacKenzie Capital, said in a telephone “The best reason he fits so well is inhis career, he has builtt up a lot of trust with his Ercole said now more than ever developers are lookinbg for help on how to financd their projects, and experts like Decker bring both an insider’s insighgt into the banking industry and a level of trusg built up over his 30 year in the industry.
Decker graduated from with a master’s degreew in management and from witha bachelor’s degree in businesas administration. Prior to joining Providenf in 1986, Decker served as a commercialp real estate loan officer at Firstt National Bankof Maryland, also an acquisitionh of M&T Bank. M&T Bank acquirecd Provident Bank ina $401 millio n deal that closed May 26. Decketr said he left M&T Bank of his own volition to pursue other areas within the real estatelending industry.
He said he respectzs M&T’s local leadership, and pointed to the bank’xs retention of the rest of Provident’s real estate lendinvg group as an example of how Greater Baltimorre factors into its futurebanking