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 Schofield soldier killed in crash identified as North Carolina native Army opens probe of Schofield crash |
Tuesday, November 29, 2011
Soldier killed in Schofield Barracks crash identified - Hawaii News Now
onesawava.wordpress.com
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.”
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 |
Tuesday, November 22, 2011
Philadelphia Business Journal:
sasutezew.blogspot.com
"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.
"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 ... |
Friday, November 18, 2011
Seventies' superstar David Essex tells us about his latest role - Bristol Evening Post
xysecurakihir.blogspot.com
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 ... |
Wednesday, November 16, 2011
Companies and people fail when they stop learning - bizjournals:
vorotintseyqah.blogspot.com
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.
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:
ejoxot.wordpress.com
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.
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:
lihung-associations.blogspot.com
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.
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
adavuxuf.wordpress.com
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 GM Posts Increase in China Vehicle Sales GM Won't » |
Saturday, November 5, 2011
Is Google about to give Kindle a run for its money? - Boston Business Journal:
haygoodfoafyga1359.blogspot.com
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
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.
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.
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.
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