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The Shamrock House is marking its 71st year in East Greene County, according to the company web It’s unclear if the business intendd to remain open as it restructures its debts in bankruptcyu court. A woman who answered the phone today said thecompanuy president, John J. Kellegher, is referring questiond to his attorney. The attorney, Richare Croak in Albany, was out of the office and unavailable for Greene County Tourism Director Daniela Marino saidshe didn’ t know what the business plans to do. She said the Shamroco House is an example ofthe older, traditional resorts in the Catskillxs that have an ethnic “It’s been a very tough year,” Marino said.
“The economy beiny what it is, unfortunately these things may happen.” Anothedr resort in Greene County, the much-larger , filedd for bankrupty protectionin June. It will continue operating while its ownere search fora buyer. Despite the Marino said there are successful resorts inthe county. “We’rse pretty optimistic because most of the hotels and restaurantz have been ableto modernize,” she The Shamrock House has $500,000 to $1 million in liabilities and less than $50,00 in assets, according to a petition filed June 29 in in The largest secured claim is a $514,095 The lender isn’t identifies in the petition.
The largest unsecureed claim, $49,000, is held by The second largest is heldby , for credit card charges.
Monday, April 30, 2012
Saturday, April 28, 2012
Terremark Q4 revenue, earnings up - Pacific Business News (Honolulu):
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million from $56.8 million in the prior-yeafr period. The Miami-based IT infrastructure servicewsprovider (NASDAQ: TMRK) said net income for the quarter endec March 31 was $3.5 million, or 6 cents a up from a loss of $2.6 million, or 5 cents a the year before. Though revenus fell short of the $74.2 million analysts the company beat the consensus fornet income; analysts were expectingh a penny a share. Revenue for the full year was $250.5 up from $187.4 million in the previous year.
“As our companyh heads into fiscal 2010, we believes our robust pipeline and the consistently stronv customer demand for our products and servicees will continue to drivesstrong results,” Chairman and CEO Manuel D. Medinz said in a news Terremark said it had record bookings during thefourtg quarter, logging $31.8 million of new annuaol contract value. The company is in the black after yearsd ofsteady losses. Terremark has managed to consistently grow revenud and has been aggressively pursuing federakgovernment contracts, a strong suit for the With a growing facility in suburban D.C.
, that caters to government business, the company expecta to benefit from federap stimulus dollars. During the fourth the federal government accounted for 30 percentof Terremark’a total revenue, Medina said during a conference call Tuesday evening. That’s a 76 percent year-over-year increase in governmenyt revenue. “I have never been more optimistic aboutg the visibility and size of ourgovernmen pipeline,” Medina said. “Terremark Worldwide is enjoying strongf visibility into fiscalyear 2010, coming into the year with the highest backlog in the company’xs history,” analysts wrote in a May 4 report.
“The abilith to service new government contract s and partnerships with most of the larger federal contractors should also providee strategic alternatives for management as they look to continue theirr capacitygrowth [at the suburbaj Washington, D.C., location].” Just prior to its earnings Terremark said Palo Alto, Calif.-basef would acquire about 5 percent of its Under the agreement, the virtualization and cloud-computingv specialist will purchase 4 million sharee of newly issued Terremark common stock at $5 a share, for a totao investment of $20 million. For the first quarter of fiscalyear 2010, Terremark said it expects revenuee from $63 million to $66 million.
For the full fiscal the company projects revenuebetween $290 million and $300 Shares closed up 33 cents to The 52-week high was $7.67 on 8. The 52-week low was $1.85 on Marchb 9.
million from $56.8 million in the prior-yeafr period. The Miami-based IT infrastructure servicewsprovider (NASDAQ: TMRK) said net income for the quarter endec March 31 was $3.5 million, or 6 cents a up from a loss of $2.6 million, or 5 cents a the year before. Though revenus fell short of the $74.2 million analysts the company beat the consensus fornet income; analysts were expectingh a penny a share. Revenue for the full year was $250.5 up from $187.4 million in the previous year.
“As our companyh heads into fiscal 2010, we believes our robust pipeline and the consistently stronv customer demand for our products and servicees will continue to drivesstrong results,” Chairman and CEO Manuel D. Medinz said in a news Terremark said it had record bookings during thefourtg quarter, logging $31.8 million of new annuaol contract value. The company is in the black after yearsd ofsteady losses. Terremark has managed to consistently grow revenud and has been aggressively pursuing federakgovernment contracts, a strong suit for the With a growing facility in suburban D.C.
, that caters to government business, the company expecta to benefit from federap stimulus dollars. During the fourth the federal government accounted for 30 percentof Terremark’a total revenue, Medina said during a conference call Tuesday evening. That’s a 76 percent year-over-year increase in governmenyt revenue. “I have never been more optimistic aboutg the visibility and size of ourgovernmen pipeline,” Medina said. “Terremark Worldwide is enjoying strongf visibility into fiscalyear 2010, coming into the year with the highest backlog in the company’xs history,” analysts wrote in a May 4 report.
“The abilith to service new government contract s and partnerships with most of the larger federal contractors should also providee strategic alternatives for management as they look to continue theirr capacitygrowth [at the suburbaj Washington, D.C., location].” Just prior to its earnings Terremark said Palo Alto, Calif.-basef would acquire about 5 percent of its Under the agreement, the virtualization and cloud-computingv specialist will purchase 4 million sharee of newly issued Terremark common stock at $5 a share, for a totao investment of $20 million. For the first quarter of fiscalyear 2010, Terremark said it expects revenuee from $63 million to $66 million.
For the full fiscal the company projects revenuebetween $290 million and $300 Shares closed up 33 cents to The 52-week high was $7.67 on 8. The 52-week low was $1.85 on Marchb 9.
Thursday, April 26, 2012
Clinton Memorial mulls tough decisions - San Antonio Business Journal:
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The time has come “to make some strategic and operationaoltough decisions,” CEO Andy Riddell wrotr in an employee newslettert distributed Friday. Year-to-date, the hospital is $211,000 in the red. Charity care has It was $2.1 million year-to-date as of April 30, compared with $1.6 million at the same time last year. Each servic line manager, Riddell wrote, will make a presentation to the hospital’se operations team “to justify the futurw existence of theservice lines.” “For about 12 we have been ridingt the wave of uncertainty, not knowing how or when the air park businesws decline would really kick he said.
“To be quitw honest, I’ve considered (the hospital) fairlu lucky in that the impact hasn’yt hit us sooner.” The hospital is pursuint a merger or partnership with a largehospital organization. But, Riddell wrote, “Affiliation or no affiliation, thess changes must be made to justify ourfuture existence. There isn’t a white knight to ride in and save Hospital business from air park employees was accounting forbetweenh $600,000 and $700,000 a month at the beginnint of the year. In Apriol it was down to littlse morethan $300,000. Package-carrier and local partner are laying offabougt 8,000 people in Wilmington.
Clinton Memorial has discussed affiliation optionewith TriHealth, and . “Unfortunately, we have to work on the timetables of thepotential partners,” he “It is an uncertain financial environmenr and the ‘due diligence’ to identify any level of riske on their part is at an all-time Two other troubled hospitals in Greater Cincinnati are looking for help from a large r hospital operator.
Deaconess and Brown County General hospitals are lookinv for organizations to merge with orbuy
The time has come “to make some strategic and operationaoltough decisions,” CEO Andy Riddell wrotr in an employee newslettert distributed Friday. Year-to-date, the hospital is $211,000 in the red. Charity care has It was $2.1 million year-to-date as of April 30, compared with $1.6 million at the same time last year. Each servic line manager, Riddell wrote, will make a presentation to the hospital’se operations team “to justify the futurw existence of theservice lines.” “For about 12 we have been ridingt the wave of uncertainty, not knowing how or when the air park businesws decline would really kick he said.
“To be quitw honest, I’ve considered (the hospital) fairlu lucky in that the impact hasn’yt hit us sooner.” The hospital is pursuint a merger or partnership with a largehospital organization. But, Riddell wrote, “Affiliation or no affiliation, thess changes must be made to justify ourfuture existence. There isn’t a white knight to ride in and save Hospital business from air park employees was accounting forbetweenh $600,000 and $700,000 a month at the beginnint of the year. In Apriol it was down to littlse morethan $300,000. Package-carrier and local partner are laying offabougt 8,000 people in Wilmington.
Clinton Memorial has discussed affiliation optionewith TriHealth, and . “Unfortunately, we have to work on the timetables of thepotential partners,” he “It is an uncertain financial environmenr and the ‘due diligence’ to identify any level of riske on their part is at an all-time Two other troubled hospitals in Greater Cincinnati are looking for help from a large r hospital operator.
Deaconess and Brown County General hospitals are lookinv for organizations to merge with orbuy
Wednesday, April 25, 2012
UN Council to consider next steps on Sudan, South Sudan - Reuters
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UN Council to consider next steps on Sudan, South Sudan Reuters By Michelle Nichols | UNITED NATIONS (Reuters) - The UN Security Council demanded on Tuesday that Sudan immediately stop airstrikes on South Sudan and will consider in the coming days what further steps to take to stop clashes between the east African ... |
Monday, April 23, 2012
Bennet cites Colorado examples in Senate plea for health-care reform - South Florida Business Journal:
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Coloradans, he said, "speak for countless others acrosthe nation. All they ask for is a health care systekm that worksfor them, a health care system that doesn’f crush them with unreasonable cost increases, and a healtj care system that doesn’t deny them coveragse just because they have pre-existing conditions." Bennet, D- also touted his own proposals to make patien t transition care more cost-effective and successful. "Im Colorado, we haven’t waite on Washington," he said. "We’ve made real progress in showing how to provide high quality healthg care at alower cost.
" Bennet, formerl y superintendent of the Denver Public Schools, was appointec to the Senate by Gov. Bill Ritter to fill the seat vacateds by Ken Salazar when Salazar was picked by Presidentr Barack Obama as secretary ofthe Interior. Here is the full text of Bennet'sa Senate-floor speech as prepared for deliveryu Thursday, provide by his staff. In the he is addressing the presidenrt ofthe Senate. Mr. President, I rise todah to discuss the urgent need for healtnhcare reform. The people of Colorado, and the Americanh people, have waited for too long for Washingtonto act. We shoul d begin with a basifc principle: if you have coverage and you like it, you can keep it.
If you have your and you like himor her, you should be able to keep them as We will not take that choice away from you. But even as we keep what we must confront the challenges of soaring health care costs and the lack of access to qualityhealth care. The status quo is unacceptable. Ever day, families in Colorado and across Americaq facerising premiums. Theirt plans offer fewer benefits. They are denied coverage because of pre-existing conditions. And until we fix the healthy care system, we won’t be able to fix the fiscalk mess in which wefind ourselves. Sincew 1970, the share of healthcare as a part of the GDP has gone from 7 percentg to17 percent.
The United States spendzs over $2 trillion in health care costs, including over $400 billionb on Medicare alone. President Obama has said that the biggestf threat toour nation’z balance sheet is the skyrocketingy cost of health care. And he’sz right. In Colorado, we haven’t waited on Washington. We’vs made real progress in showingf how to provide high quality healtuh care at alower cost. Last week, the New Yorkerd magazine published an articleentitled “The Cost that highlights the important work that’s been done in Mesa Colorado.
Over thirty years ago this communityserving 120,00 0 people came together—doctors, nurses, and the non-profit health insurance company. They agreed upon a system that paid doctora and nurses for seeing patients and producinvg betterquality care. They realizer that problems and costs go down when care is more InMesa County, the city of Grand Junctionj implemented an integrated health care system that providesx follow-up care with patients. This follow-ul care has helped lower hospital readmissions ratee in Grand Junction to just3 percent.
Comparee that to the 20 percentfrate nationwide, and it is clear that our community on the Western Slope of Colorado is onto somethingb groundbreaking. High readmission rates are a huge proble forour seniors. Nearly one in five Medicare patientds who leave a hospital are readmitte within the following and morethan three-quarters of these readmissions are preventable. Rehospitalizatio n costs Medicareover $17 billiojn a year. It’s painful for patients and families to be caughrt up in these cycles of Alltoo often, care is fragmented – you go from the to the hospital, to a nursing home, back to the hospitalp and then back to the doctor again.
Patients are given medication instructions as they are leavingthe hospital, many timed after coming off of strong medications. They don’gt know whom to call, and they are not sure what to ask theitr primarycare doctor. The solution, both our Denverd and Mesa County healty communitieshave found, is to provid patients leaving the hospital with a This coach is a trained health professional connectinb home and the hospital. This coachu teaches patients how to manage their healthh ontheir own.
Coloradans, he said, "speak for countless others acrosthe nation. All they ask for is a health care systekm that worksfor them, a health care system that doesn’f crush them with unreasonable cost increases, and a healtj care system that doesn’t deny them coveragse just because they have pre-existing conditions." Bennet, D- also touted his own proposals to make patien t transition care more cost-effective and successful. "Im Colorado, we haven’t waite on Washington," he said. "We’ve made real progress in showing how to provide high quality healthg care at alower cost.
" Bennet, formerl y superintendent of the Denver Public Schools, was appointec to the Senate by Gov. Bill Ritter to fill the seat vacateds by Ken Salazar when Salazar was picked by Presidentr Barack Obama as secretary ofthe Interior. Here is the full text of Bennet'sa Senate-floor speech as prepared for deliveryu Thursday, provide by his staff. In the he is addressing the presidenrt ofthe Senate. Mr. President, I rise todah to discuss the urgent need for healtnhcare reform. The people of Colorado, and the Americanh people, have waited for too long for Washingtonto act. We shoul d begin with a basifc principle: if you have coverage and you like it, you can keep it.
If you have your and you like himor her, you should be able to keep them as We will not take that choice away from you. But even as we keep what we must confront the challenges of soaring health care costs and the lack of access to qualityhealth care. The status quo is unacceptable. Ever day, families in Colorado and across Americaq facerising premiums. Theirt plans offer fewer benefits. They are denied coverage because of pre-existing conditions. And until we fix the healthy care system, we won’t be able to fix the fiscalk mess in which wefind ourselves. Sincew 1970, the share of healthcare as a part of the GDP has gone from 7 percentg to17 percent.
The United States spendzs over $2 trillion in health care costs, including over $400 billionb on Medicare alone. President Obama has said that the biggestf threat toour nation’z balance sheet is the skyrocketingy cost of health care. And he’sz right. In Colorado, we haven’t waited on Washington. We’vs made real progress in showingf how to provide high quality healtuh care at alower cost. Last week, the New Yorkerd magazine published an articleentitled “The Cost that highlights the important work that’s been done in Mesa Colorado.
Over thirty years ago this communityserving 120,00 0 people came together—doctors, nurses, and the non-profit health insurance company. They agreed upon a system that paid doctora and nurses for seeing patients and producinvg betterquality care. They realizer that problems and costs go down when care is more InMesa County, the city of Grand Junctionj implemented an integrated health care system that providesx follow-up care with patients. This follow-ul care has helped lower hospital readmissions ratee in Grand Junction to just3 percent.
Comparee that to the 20 percentfrate nationwide, and it is clear that our community on the Western Slope of Colorado is onto somethingb groundbreaking. High readmission rates are a huge proble forour seniors. Nearly one in five Medicare patientds who leave a hospital are readmitte within the following and morethan three-quarters of these readmissions are preventable. Rehospitalizatio n costs Medicareover $17 billiojn a year. It’s painful for patients and families to be caughrt up in these cycles of Alltoo often, care is fragmented – you go from the to the hospital, to a nursing home, back to the hospitalp and then back to the doctor again.
Patients are given medication instructions as they are leavingthe hospital, many timed after coming off of strong medications. They don’gt know whom to call, and they are not sure what to ask theitr primarycare doctor. The solution, both our Denverd and Mesa County healty communitieshave found, is to provid patients leaving the hospital with a This coach is a trained health professional connectinb home and the hospital. This coachu teaches patients how to manage their healthh ontheir own.
Saturday, April 21, 2012
Local paragraph - WatertownDailyTimes.com
dyakonostrlin.blogspot.com
Local paragraph WatertownDailyTimes.com â– JoAnna Fassett, Robert C. Freeman III and Jennie M. Adsit were appointed to the Watertown Transportation Commission by the City Council at its meeting Monday night. â– The Village of Heuvelton will be flushing fire hydrants from April 23-April 27. |
Thursday, April 19, 2012
BioSante to buy Cell Genesys for $38M in stock - Triangle Business Journal:
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BioSante (NASDAQ: BPAX) will pay 0.1615 of its own common shares for each share of CellGenesys (NASDAQ: This deal should close later this year, likely in the late third or earlyh fourth quarter. In the first Cell Genesys lost $8.7 or 10 cents a share, narrowed from a loss in the same periodc last yearof $22.6y million, or 29 cents a The company had been exploring strategixc alternatives, including merger with or acquisition by anothetr company, additional restructuring, repurchases of additional amounts of convertible notes or allocationn of its remaining resources toward othere biopharmaceutical product areas. Cell Genesys had hired to help it figuree outa strategy.
The company already cut abou t 95 percent ofits staff, from 290 persons to 16, by eliminatinyg all research and manufacturing, clinical and regulatory BioSante, based in Lincolnshire, Ill., focuses on drugsd for sexual health.
BioSante (NASDAQ: BPAX) will pay 0.1615 of its own common shares for each share of CellGenesys (NASDAQ: This deal should close later this year, likely in the late third or earlyh fourth quarter. In the first Cell Genesys lost $8.7 or 10 cents a share, narrowed from a loss in the same periodc last yearof $22.6y million, or 29 cents a The company had been exploring strategixc alternatives, including merger with or acquisition by anothetr company, additional restructuring, repurchases of additional amounts of convertible notes or allocationn of its remaining resources toward othere biopharmaceutical product areas. Cell Genesys had hired to help it figuree outa strategy.
The company already cut abou t 95 percent ofits staff, from 290 persons to 16, by eliminatinyg all research and manufacturing, clinical and regulatory BioSante, based in Lincolnshire, Ill., focuses on drugsd for sexual health.
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