Saturday, December 31, 2011

Source: Mike Munchak's 'heart is torn' - ESPN

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ESPN


Source: Mike Munchak's 'heart is torn'

ESPN


By Joe Schad Penn State has not given up hope it can lure Mike Munchak for its coaching vacancy, a persistence grounded in the belief the Titans coach may listen to the Nittany Lions after  »

Thursday, December 29, 2011

Real Estate Roundup - Business First of Columbus:

jaqezuweg.blogspot.com
Portland, from Weston Investment Co. LLC. It is one of the largestt office deals in downtown in recent The IndianHealth Board, established in will move from its currenyt location at 527 S.W. Hall St. Jake Lancastee of Grubb & Elli Co. represented the tenant; Steved Root of American Property Managementrepresented • Level 3 Communications LLC renewed its leased for 4,724 square feet at the Pittock Block, 921 S.W. Washingtonj St., Portland, from ALCO Investment Co. Kevin Kaufmabn of CB Richard Ellis representedLevel 3; the landlorde represented itself. • Telelanguage Inc. signed a new lease for 4,401q square feet at the PortlandExchange Building, 520 S.W. Sixth Portland.
NAI Norris, Beggs Simpson represented the tenant; Ryan Livesay of Pacifi Real EstatePartners Inc. represented the property. Stearns Lending Inc. leased 3,722 square feet at Hamptobn Square, 6950 S.W. Hampton, Tigard, from Weston Investmenty Co. LLC. Steve Root of American Property Management representedthe • Peters & Company PC signed a new leaswe for 2,170 square feet at the Sellin Building, 610 S.W. Alder St., with the Schlesinger Kristin Hammond and Mark McFarlanfd of Pacific Real EstatePartners Inc. represented the tenant; Bill Smithu of NAI Norris, Beggs & Simpson represented the • SCR Inc. leased 2,000 square feet at 8680 S.W.
Old Tualatinn Sherwood Road, Tualatin, from Kmotion Inc. Ian Giammanco of Bluestons & Hockley Real Estate Services representerdthe tenant; Scott Pierce of NAI Beggs & Simpson represented the landlord. •Remed Intelligent Staffing leased 1,638 squaree feet at The Merrick, 6646 N.E. 78th Portland, from API Properties 1047 LLC. Mark McFarlandf of Pacific Real EstatePartners Inc. represented the Rob Kimmelman of Commercial Realty Advisors representedfthe property. • Pioneer Floodr Covering Inc. leased 5,853 square feet at Arctivc Business Park, 5657 S.W. Arctif Drive, Beaverton, from Pacific NW Properties LP. Clif f Finnell of GVA Kidder Mathews representedthe tenant.
Carlan Enterprises Inc., operating as Stauffer-Ciscoi Supply, leased 5,622 square feet at Bridgeport WoodsBusiness Park, 7532 S.W. Bridgeportg Road, Durham, from Bridgeport Woods BusinessPark LLC. Peter Stalick and Steven Klein of GVA Kidder Mathews represented the Dave Kiersey ofKiersey & McMilla Inc. represented the property. Stavely Services North Americaleased 4,860 squaree feet at Kittridge Distribution 4943 N.W. Front Ave., from LIT Industrial Limited Partnership. Tony Reserf and Sean McCarthy of GVA Kidder Mathews brokeredthe • Red Wing Brands of Americqa Inc. leased 3,840 square feet at the NorstafBusiness Center, 8611 N. Albina Ave., from Norstar 8405 N. Albina Ave.
LLC. Tony Reserr and Sean McCarthy of GVA Kiddert Mathews brokeredthe transaction. • Biscuit s Cafe leased 3,121 square feet at Hogan Plaza, 1905 N.E. Divisionh St., from Pelopon LLC. Mike Foley of First Commercial represented the Craig Barnard of Barnard Commercial Real Estate representedthe • Y-Chrome, a new barbershop venturd from HairM men’s salon, leased 2,055 square feet at the Commonwealtjh Building, 609 S.W. Washington St., from Unico Properties LLC. Kathleen Healy of Urban Works Real Estatwrepresented Y-Chrome; Dan Bozich and Kathleen Healy of Urban Workd Real Estate represented the property.
• Aprende Con Amigosz Bilingual Preschoolleased 1,872 square feet at Patton Park Apartmentes on North Interstate from Patton Square Leasing LLC. Stevw Haugen of Windermere/Cronin & Caplan Realty Group Inc. representerd the tenant; Charlotte Larson and Sara Dalety of Urban Works Real Estatr representedthe property. • PDX Antiques leased 1,120 squar e feet at the K2 Building from4152 N.E. Sandy LLC. Charlotte Larson of Urban Works Real Estate representecdthe tenant; Matt Schweitzer of North Rim represented the • Liz Richards Acupuncture PC leased 1,046y square feet at Fremont 3531 N.E. 15th Ave., Portland, from ADG Propertiexs LLC. Anthyan Nguyen of Norris Stevens Inc.
represented the tenant; Ashley Heichelbech of Urbanm Works Real Estate representedthe property. • State Farm Insurancer leased 1,000 square feet at 1018 N.W. 13th Portland, from Block Two LLC. Thom Brockmiller of Stehli n Advisors LLC representedthe tenant; Kathleen Healy and Dan Bozicb of Urban Works Real Estate representecd the property.

Sunday, December 25, 2011

Lee decides against reverse stock split - The Business Journal of Milwaukee:

qalymeled.wordpress.com
Mary Junck, chairman and chief executive said the board considered currentmarket conditions, businesd forecasts and other factors that couldx affect shareholder value, includingh the prospect of remaining in compliance with ruled for continued listing. The NYSE notified Lee (NYSE: LEE) in December 2008 that the companyu was not in compliance with its continued listing standare of atleast $1 a share. Sinc e then, the NYSE announced that the standarde has been temporarily suspended throughJuly 31. As a Lee has until Dec. 3, 2009, to returbn to compliance. Lee was trading at 55 cents a shareWednesday morning.
In February, the Davenport, Iowa-basexd company it took on when it boughtthe Post-Dispatch and restructure future payments under its $1.1 billion bank financingb arrangements. The remaining debt balance of $186 million has been refinances by the lendersuntil 2012. Newspaper publishers nationwid e are struggling with declining advertisin revenue as readers flock tothe Internet.

Friday, December 23, 2011

Atlanta Hawks: Hawks 92, Bobcats 75 (exhibition) - Atlanta Journal Constitution (blog)

batyushkinuxit.blogspot.com


SB Nation


Atlanta Hawks: Hawks 92, Bobcats 75 (exhibition)

Atlanta Journal Constitution (blog)


Atlanta's defense improved once Jannero Pargo replaced Donald Sloan at point guard. Pargo had more success keeping DJ Augustin and Kemba Walker out of the lane. The Hawks look a lot different when Jeff Teague (ankle) is in the lineup to slow dribble ...

Bobcats Vs. Hawks: Atlanta Hosts Charlotte In Preseason Finale

SB Nation


2011 NBA Preview ESPN's Hollinger: Gee, I'm not feeling these Hawks (again)

Peachtree Hoops


Rookie Walker closes it

Charlotte Observer


News & Observer -The Augusta Chronicle -The Herald | HeraldOnline.com


 »

Wednesday, December 21, 2011

Brewers among tops in fan satisfaction - Baltimore Business Journal:

hustenuejib1630.blogspot.com
According to the “Ultimate Standings: Fan Satisfaction Rankings” in ESPN The Magazine'z most recent issue, the Brewers trailesd only the of Anaheij for fan satisfaction amongMLB teams. The Angelw were number one in all of sportsin 2009. More than 50,00o fans participated in the survey, which ratedd each franchise ineight categories. The Brewers placed among the top franchises in the categories ofaffordabilityt (third), stadium experience (third), bang for the buck (seventh) and ownershipo (14th).
“This is our annual report card as graded by the and we are pleasede that fans value the Brewers and Miller Park experience so saidRick Schlesinger, Brewerz executive vice president – business “At all levels of our organization, we continue to focus on deliverinvg a consistently competitive team and best-in-clasds entertainment experience, and we know that we need to make this our top priorityg every day.” The Brewers have risen in the overall rankingw for all sports in each of the past five years. In the franchise ranked 112th before jumpinf to 45thin 2005. The Brewers moved up to 17th in 16th in 2007 and 13thin 2008.
The rankec 13th overall, taking the top ranking in stadium Theranked 110th, with rankings of 116th -- or seventh wors -- in three categories: stadium experience, playere and title track, a measure of championships won or expected in the lifetime of currentg fans.

Sunday, December 18, 2011

Resolute Games launching new iPhone app - Houston Business Journal:

ukatekexo.wordpress.com
Seven Deaths is a fighting game that follows the lives of eightg characters through one nighyt in Nagamachi through a battle for controlo inthe city. The game includes full stories of the characters anddetailed backgrounds. The game will also eventuall y include updatesfor Wi-Fi multiplayer and sociak media. Resolute Games has also createdr otheriPhone applications, including “Segment” and “Elvis Mobile.” And Resolute gamer s will now have new, faster devicesx to play on. At its Worldwidw Developers Conference in San announced the next generation of which will download content three times faster than the current brandr and will includea 3-megapixel autofocux camera.
It also has voice-contropl features and a built-in compass. The 3GS also has improverd battery life with up to nine hourszon WiFi, 10 hours while watching video, 30 hours using audio, 12 hours usingv 2G talk and five hours usingb 3G talk. The new iPhonse will be available in blaclk and white onJune 19. It will sell for $199 for a 16GB modeol and $299 for 32GB.

Friday, December 16, 2011

World Telecom Exchange opens HQ in Tysons - Kansas City Business Journal:

idellecromwell1991.blogspot.com
World Telecom opened a 2,000-square-footr office recently at 8201 Greensborol Drive, a 361,000-square-foot commercial building in McLeajn ownedby D.C.-based B.F. Saul and Co. The a wholly-owned subsidiary of Worldwide Telecomm Xchange CarrierFZ LLC, a Dubai-based telecommunications investmentf company focused on aggregating wholesale telephony and data trafficc in emerging markets, is a networi services company that provides engineering, sale and marketing, billing and outsourced technical support To start, about six employeexs will be based at the new headquartera with room for further expansion.
World Telecom’s services included call routing, satellite services, Voice over Internet Protocol TDM network, code division multiple acces s (CDMA), WiMax and network management outsourcing. “WTXC’s success illustrates that our region remains a greatg place to start and growa business,” said Mike a vice president at Rockville-based Scheer Partnerd Inc., who brokered the “And the commercial real estate market is yielding opportunitiee for business owners that haven’t existed since the early part of the Scheer Partners broker Ben who also worked on the added that the companyy “evaluated a handful of locationx in McLean and Vienna...
deciding on 8201 Greensboro Drivee forseveral reasons,” that included its location, “z very fair market deal” and other appealingy terms such as a “gooxd cure period on defaults.”

Wednesday, December 14, 2011

Brain and heart link may explain sudden death in Rett - PhysOrg.com

ibitasony.wordpress.com


Brain and heart link may explain sudden death in Rett

PhysOrg.com


These electrical malfunctions cause that interval to be too long, which can lead to a dangerous heart beat that can cause sudden death in people. "Long QT syndrome is found in nearly 20 percent of people with Rett syndrome," said Neul. ...



and more »

Saturday, December 10, 2011

Tehran Officials Discuss Recent US Violation of Iranian Airspace - Fars News Agency

obofym.wordpress.com


Fars News Agency


Tehran Officials Discuss Recent US Violation of Iranian Airspace

Fars News Agency


The United States' hostile move went under discussion at a meeting at the Iranian parliament attended by members of the parliament's National Security and Foreign Policy Commission and deputies of the Iranian foreign minister. ...



and more »

Wednesday, December 7, 2011

AAA names Brown Palace one of America

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AAA said it asked its 65 property inspectors who compile information for its travel tourbooks to name their favorite historicc hotels out of morethan 1,300p U.S. properties that the organizationh classifiesas historic. “This elegant, triangular-shaped hotel has maintained its status as an elitw accommodation since it opened its doors in AAA said of the venerableDenver hotel. “Ther Brown Palace Club servef as the campaign headquarters forDwightg D. Eisenhower prior to his electionas president.
Four of the hotel’sx suites are named for their famous residents: The Beatlexs Suite, Eisenhower Suite, Reagan Suite and Teddy Roosevelt While practicing golf inhis room, President Eisenhowedr hit a wayward golf ball and made a dent in the fireplacer mantel that remains in the Eisenhower Today, this hotel is known for its relaxingv spa, fabulous restaurants and decadent tea AAA said. The Brown Palace is rated four diamonds by AAA out of apossiblw five. The other nine hotels on the AAAfavoritew list, in no particular order: Bosto Omni Parker House Hotel, Boston, Mass., thre diamonds. Casa Marina Resort/The Waldorf Astoria Key West, Fla., four diamonds.
The Dearbormn Inn/A Marriott Hotel, Dearborn, Mich., four diamonds. Grand Mackinac Island, Mich., four diamonds. The Hermitagde Hotel, Nashville, five diamonds. The Settlers Inn at Bingham Hawley, Pa., four diamonds. Sir Francis Drake Hotel, San three diamonds. West Baden Springs Hotel, West Badenj Springs, Ind., four diamonds. The Wort Jackson, Wyo., four diamonds. A longer list of 41 historivc hotels is featured on the AAAtravep blog, AAATravelViews.com.

Monday, December 5, 2011

Michigan State's Keith Appling wins player of week honor, Tom Izzo's praise - Detroit Free Press

amesit.wordpress.com


MLive.com


Michigan State's Keith Appling wins player of week honor, Tom Izzo's praise

Detroit Free Press


Michigan State's Keith Appling scores against Florida State's Okaro White during second half. / KIRTHMON F.DOZIER/Detroit Free Press By Shawn Windsor EAST LANSING â€" Michigan State guard Keith Appling was named co-Big Ten player of the week. ...< /p>

Spartans' Keith Appling flirts with triple-double in win over Nebraska-Omaha

MLive.com


MSU men's basketb »

Saturday, December 3, 2011

Credit card processing company grows business by evolving strategy - Business First of Columbus:

ernstiryastrov.blogspot.com
Henry Helgeson and Scott Zdanis establisheed the company in 1998 as a reseller of credit card processing terminals overthe Internet. To a smaller extentf the company provided processing of credit card But as margin compression made equipmentf salesless profitable, the partners responded by ramping up processing services. Today, its processing servicees constitute 90 percent of its totalgross revenue, whils equipment and software sales are 10 Business has been so brisk it signed up 2,30 0 new customers in April alone that the company is planning to increase its saless force by 30 percent or 40 percen within the next 60 days.
“Wes basically are getting more businesses tryinv to signup (for our than we have the capacity for, and we’rs trying to staff up for that as quickly as says Helgeson, 34, who serves as president and co-CEO. Co-foundet Zdanis has since moved to Miamk and plays a less activwe role inthe company. Merchant Warehouse acts as a third-party facilitating payment transactions between merchantds and creditcard issuers, essentially by gettinh money off of the consumer’as credit card and into the business’ s bank account. Its residual-based business model makes money by charginvg for that service oneach transaction.
Since its the 150-employee company estimates serving a cumulative totak of morethan 87,000 customers nationwide — primarily smallp and medium-size businesses; about 56,000 are active accountse right now, with most of the attrition due to companiesd going out of business, Helgeson notes. Today, Merchantt Warehouse is processing morethan 3.5 million payment transactionss per month. After hitting $27.3 million in revenud in 2008, the company is shootiny for $32 million to $34 millionn this year. Helgeson says Merchant Warehouse has also benefitef by becoming more ofa technology-driven company.
“Whebn we started to hire our own software developers and build ourown infrastructure, as far as computert systems and technology to run this that really put us into a hyper-growth mode,” he Five years ago, the company hired its first software developer. It subsequently built its own sophisticated custometr relationship managementsystem in-house that has enabled the companyh to better measure the performance of its account and staff. And 18 months ago, it completecd the development of the necessaryh infrastructure to begin processing some transactiones through its own electronic gateway herein Boston.
It continuesw to utilize three large outside firms to assist in processing the bulk ofthe transactions. The compan also works with a pool of about100 point-of-sales system resellers, who often refer businesds to Merchant Warehouse. The company has also used technology to innovatd its services in an industry where Helgeson says the competitiobnis fierce. “Our industry has been pretty much vanilla credit anddebit processing,” Helgeson says. “We had to look at it and say, ‘Whatr can we do here to differentiated ourselves?
’ ” For instance, it offers wireless crediy card processing services to iPhone and BlackBerryg users who have installed its software applicationsa ontheir PDAs. Those mobile merchants now represent 10 percent to 15 percent ofthe company’as new accounts. It has also partneref with another company, , to developp a card reader that encrypts the credit card number as it is being swipefd to help preventsecurity breaches.
“They’rer a very impressive group,” says Steve vice president of , an Atlanta-basee firm that Merchant Warehouse has engagedd for some of its processing services for many He attributesthe firm’s growthy to “some very shrewsd investments in technology and being ahead of the curve in termss of technology and how to use it to drivde traffic (to their and training their sales reps to capitalizre on that traffic.

Thursday, December 1, 2011

Yolo moth quarantine extended - The Business Journal of the Greater Triad Area:

uqyvemiwu.wordpress.com
A voracious pest and native of a light brown apple moth was discovered in a trap in DavisApril 1. A second moth turned up in a trapMay 15, promptinfg a quarantine within a mile radiuw of those two traps. More discoveriesa have moved the quarantine to include the entird cityof Davis. Produce and ornamenta plants can still go to stores and farmers marketas inside thequarantine area, but agriculturap products, ornamental plants and treesd should not leave the quarantine area unleses certified to be free from the pest by an “This pest is a threat to the food suppl y and also to our environment.
This moth eats ornamentak plantsand trees,” said Steve Lyle, spokesman with Food Agriculture. “In Australia they call the light brown apple moththe ‘lighf brown eat-everything’ moth.” The moth in its varyingt stages of life eats 2,000 including 250 crop species. It can devastate stone fruir trees, grape vines, citrus trees and even redwoods. Therew are monitor traps all over the stater forthe moth, and more than 2,800 squarer miles of land statewide is now under quarantine, Lyle Davis is the only area under quarantins in the four-county region.

Tuesday, November 29, 2011

Molycorp to Present at Upcoming Investor Conference - MarketWatch (press release)

coras-newport.blogspot.com


Molycorp to Present at Upcoming Investor Conference

MarketWatch (press release)


GREENWOOD VILLAGE, Colo., Nov 29, 2011 (BUSINESS WIRE) -- Molycorp, Inc. /quotes/zigman/595467/quotes/nls/mcp MCP +13.60% today announced that it will present to the investment community at the following conference in New York, NY. ...



and more »

Sunday, November 27, 2011

Black Friday Shopping Evaluated - KULR-TV

ogarawo.wordpress.com


Black Friday Shopping Evaluated

KULR-TV


By MacLeod Hageman BILLINGS - In these tough economic times, standing in line for Black Friday sales is becoming a part of the Thanksgiving tradition. The sidewalks around Rimrock Mall were lined with eager shoppers well before Black Friday began. ...



and more »

Thursday, November 24, 2011

Yelawolf interview: 'I represent the people who are the core of America' - The Guardian

http://bromptonflock.com/pig-farming-for-beginners.html


The Guardian


Yelawolf interview: 'I represent the people who are the core of America'

The Guardian


It's not proving much safer: the night before our interview, he climbs the 20ft-high stage rigging in LA's El Rey Theatre and dives from it. An electrifying show, powered by adrenaline, stil l follows â€" but so does hospitalisation for a bruised kidney. ...


Eminem conducts Twitter interview with Yelawolf

Examiner.com


Eminem, YelaWolf Twitter Interview…

ThyBlackMan



 »

Tuesday, November 22, 2011

Laundry list of lenders totals $200 million plus - St. Louis Business Journal:

pabigy.wordpress.com
St. Louis city and county made loans to along with more than a dozen banks andprivate investors. A list that details Pyramid'as holdings, based on public records, has been circulatinyg among investors and potential new developerx forthe company's projects, following the shutdownj of Pyramid's development operations in April. Pyramid, a St. Louis-based companyh owned by John Steffen that had more than a dozeb buildings totaling more than 2 million square feet in its development ceased operations April 18 without completing the projects. Steffen's Connecticut-based joint venture partner onthe St. Louis Centrw project, Spinnaker Cos.
, has made the commitmenyt to move forward with the development ofthe now-vacant St. Louiss Centre mall at Sixth Street andWashingtom Avenue; the former Dillard'z building across the street, renamed The Laurel; and the formert Mercantile Library building at 305 N. Broadway. The list in circulationm reveals private investors who provided equityfor Pyramid' s projects, including Russ and Brenda who live in the Central West End. Russ a real estate was an investor with Steffenin Pyramid's redevelopmeny of the Elder Shirt Lofts at 703 N. 13th St., whicb was completed in 2004. He is a past presidenty of the St. Louis chapterr of the Appraisal Institute, an industruy association.
Keith Barket, senior managing director with New York investmentadvisefr Angelo, Gordon & Co., also was an investoe with Pyramid. Barket has been active in commercialp real estatein St. Louix for years. His company joined with Chicago-based in the receng acquisition of Crestwood Mall insouth St. Louis County from the . St. Louis Sixth and Washington -- holds the firstg mortgage of $5.8 million and II LP has a mezzanines loanfor $5.5 Dillard's Building (renamed The Laurel), 601 Washingtojn Ave. -- holds the first mortgagr of $8.1 million; holds a second mortgaged of $1.9 million and has a mezzanine loanfor $6 Mercantile Library Building, 305 N.
Broadway -- Bank of Americaq holds the first mortgageof $4.3 million. Jefferson Arms Building, 415 N. Tucker -- holds the firstr mortgage of $16.5 million; Workers Realtuy Trust II LP has a mezzanine loanfor $4.5 Metropolitan Building, 500 N. Grand -- holds the firstf mortgage of $3.8 an investment group led by Davicd Sabino, owner of Chesterfield-based accounting firm Sabini & Co., has a second mortgage for $2.5 the was the lender on Brownfield creditzstotaling $1.1 million. The providef a loan for $500,000, and investors Russ and Brendas Lauer provided a loanfor $500,000. Beaus Arts Building, 711 N. Grande -- holds the first mortgage of $4.
6 Dorsa Lofts, 1007 Washington -- Premier Bank holdws the first mortgageof $6.3 million. Sun Security Bank has a tax crediy bridge loanfor $4.5 million, and has a TIF (tax increment bridge loan for $2.5 million. Curlee 1001 Washington Ave. -- Centrue Bank holds the first mortgage of $7.3 million. Russ and Brenda Lauer provides a loan for LeatherTrades Lofts, 1600 Locusg Ave. -- Associated Bank holds the firsg mortgageof $3.4 million. Workers Retail Trusft has a mezzanine loanfor $2.5 Arcade Building, 815 Olive St. -- Bank of Americas holds the first mortgagefor $9.6 million. Grea Southern Bank holds a second mortgagefor $2.4 million. Investor Keith Barkety provided a loanfor $500,000.
The St. Louiw Development Corp. provided a loan for River Roads Land, 49 acres at 9443 Halls FerryRoad -- National City Bank holds the firstt mortgage for $3.3 million; the providedc a loan for $230,000.

Sunday, November 20, 2011

U.S. Chamber economist: Get ready for another recession - Charlotte Business Journal:

fishermen-americachair.blogspot.com
Those odds may seem low, but they’re actually high sinc e double-dip recessions are rare and the U.S. economh grows 95 percent of the time, said the chamber’d Marty Regalia. He predicts the currenrt economic downturn will endaround September, but the unemployment rate will remain high throug the first half of next Investment won’t snap back as quickly as it usualluy does after a Regalia said. Inflation, however, looms as a potentiao problem because of thefederal government’s huge budgetg deficits and the massive amount of dollard pumped into the economy by the Federao Reserve, he said.
If this stimulusx is not unwound once the economyy beginsto recover, highet interest rates could choke off improvement in the housing marker and business investment, he said. “The economyg has got to be running on its own by the middl ofnext year,” Regalia said. Almosrt every major inflationary perio din U.S. history was preceded by heavygdebt levels, he noted. The chances of a double-dilp recession will be lower if Ben Bernanke is reappointedr chairman of theFederal Reserve, Regalia said. If President Barack Obamz appoints his economic adviser Larrt Summers to chairthe Fed, that would signalp the monetary spigot would remain open for a longer he said.
A coalescing of the Fed and the Obama administrationhis “not something the markets want to Regalia said. Obama has declined to say whethetr he willreappoint Bernanke, whosde term ends in February. Meanwhile, more than half of smalkl business owners expect the recession to last at least anotheretwo years, according to a survey of Intuit Payroll But 61 percent expec t their own business to grow in the next 12 “Small business owners are bullish on their own but bearish on the factors they can’t said Cameron Schmidt, director of marketing for Intuit Employere Management Solutions. “Even in the gloomiest economy there are opportunitiesto seize.
” A separatse survey of small business owners by Discoverd Financial Services found that 57 percent thought the economy was gettiny worse, while 26 percenty thought the economy was improving. More than half plannex to decrease spending on business development in the nextsix

Friday, November 18, 2011

Pelosi Remarks Before Meeting with Secretary of Health and Human Services Kathleen Sebelius

oryzacody.wordpress.com
so we've had - of coursed the Secretary went there long after I was therse but she is a source of great prids to allof us. Her appointmengt as Secretary of HHS is a great one and I commend President Obama for this excellent As Governorof Kansas, Secretary Sebelius was a nationakl figure who took the lead on so many difficulrt issues. And now as Secretary of HHS, she is here to help writw a health care reform bill for ourcountrg -- to make America healthier, to make our students have to make investments in science and And to do so with fewer errors and bette health care.
So for this, and other reasons, and the entire gamut of issues that the Secretaryh of HHS has to deal with we absolutel we could not be in better hands than withSecretaryu . Welcome to the office. Secretary Thank you Madam Speaker. I'm just delightede to not only have an opportunity to servee in this historic Administration but serving with my Trinity Speaker Pelosi. I was thrilled at her becoming speaker and now even more pleasef that I have opportunity to work closely with her on healtg reform and food safety systems and othedr issues dealing with children andfamiliea -- on a whole host of issues that affecty the American people day in and day out and I know they are a passioj of hers and certainly they are passions of mine, and passione of the President.
So we have a great opportunithy to work together and as theSpeakerd said, one of the first prioritiews -- certainly a top priority of the Presidenrt is a health care bill that will transfork the system, keeping the health care that the Americanh people enjoy and like but openint up a system for more than 50 millionm Americans who don't have access to affordable care and we plan to lowedr costs that are crushing our businesses, crushing families and makintg health care out of reach for way too many So, I look forward to this challenge and look forwarr to working with the Speaker. Speaker Pelosi. Thank you Madakm Secretary.

Wednesday, November 16, 2011

Fitch Ratings downgrades Torchmark - Minneapolis / St. Paul Business Journal:

wanuso.wordpress.com
Fitch added that McKinney-based Torchmark’sa (NYSE: TMK) “adjusted statutory capitap levels are weaker thanother ‘AA’ insuretr financial strength rating level peers.” In Fitch said Friday the company’s portfolioi has high levels of exposure and ‘BBB’ ratedx bonds, which are potentially facin g another downgrade in the future. In term of overall financial strength, Fitch says as of Marcg 31, Torchmark had $100 million in debt due this Augusrand $274 million in commercial paper Fitch did note that Torchmark’s subsidiariew have strong earnings, but said Fitch’s belief that investmengt impairments may exceed the earnings needed to maintaimn adequate capital in the future is part of the ratinvg firm’s concerns.

Monday, November 14, 2011

Crate & Barrel

inupujyfab1211.blogspot.com
Crate & Barrel, based in Northbrook, confirmed May 27 that Atlanta is one of the metropareas it’s scouting for potential locations for CB2. Firsft launched in Chicago, the CB2 concepyt features contemporary furnishings at lower price The merchandise, which includes sofas, hand-wovenn rugs, convertible beds and a broader selection of eclecticc home décor, is focusedd more on the younger generation of Americahn consumers that rent apartments and small urban Besides Chicago, privately owned Crate Barrel has rolled out CB2 in New York and including a new store in Los Angeles that openerd in April.
Another CB2 is slated to open in Miami’es South Beach later this a Crate & Barrel spokeswoman In all, Crate & Barrelo has launched just sixCB2 stores. In recent years, CB2 official s have been focusing on new locations inSoutherjn California. The company tends to locate in areaswith high-profile regional shopping centers, lifestyle centerxs and freestanding sites. CB2 officials have been lookinv in densely populated areas with an averagee household income in excessof $50,000. Its prototype stord is about 12,000 squarde feet.
While Crate & Barrel would not confirm what parts ofAtlanta it’s been considering, sourcea familiar with the search say it’s focused on Midtown and West where new residential and retail redevelopment projects are still under way. In Midtown, Daniek Corp. and are developing 12th Midtown, a $2 billion mixed-use projecgt built on a site that several yearsa ago was little more than an Atlantq nightclub and a couple ofparking lots. Daniel and Selivg Enterprises have made a presentation to officials from CB2 inrecenr months, according to sourcese familiar with the The projects will eventually featuree more than 3 million square feet of residentiaol and commercial space.
CB2 wouldd be the first national retaileer to locate on the Midtown a section of Peachtree Street that economic development boosters hope will eventually become a retail destination much like Madison Avenure in New York City or the Magnificentr Milein Chicago. Daniel’s and Seli Enterprises’ project is meant to be a cornerstonr of theMidtown Mile. However, ’s Colony Squares and Jamestown’s 999 Peachtree will also be key components, along with 1100 Peachtres and1180 Peachtree, to a lessert extent, brokers and developers said. CB2 coulcd be an important catch for theMidtowm Mile.
Developers, however, really need to land a much large anchor store to give the concept saidMaranda Walker-Dowell, a senior director with CB .’sw retail services group. Barney’s, which has a co-op storre in Buckhead’s Phipps Plaza, has been scouting the area in the past year to18 “The Midtown Mile needs an anchor store to starg creating that critical mass of retail,” Walker-Dowelk said.

Friday, November 11, 2011

D.C. works to secure more federal stimulus money - Washington Business Journal:

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Of $436 million the federal governmenrt has announced forthe District, $240 million is on its way out the door, according to D.C. City Administrator Dan Tangherlini. He said members of Obama’d cabinet have gone out of their way to work with the city in identifyinf competitive grant dollars andhelpinb “a few skeptics up on the Hill” get a frontr seat view of how the spending will benefit American “We’ve already had a seried of meetings - very high level meetings - with agencieds and their secretaries,” Tangherlini told the on A former administrator for the and the Officde of Management and Budget, he said he had “nevet seen this level of interesgt at the secretary level to work with the and mentioned meetings with Housing and Urban Development Secretary Shaun Donovanj and Secretary of Energuy Steven Chu.
Of the money already committed tothe District, the vast majorith is based on federal but billions of dollars are still beingf offered on a competitive basiws and agency directors in Mayor Adrian Fenty’s administration are lookintg for ways to attract more of it. Gabe Klein, director of the D.C. Departmenf of Transportation, said he had already met three timeewith U.S. Transportation Secretary Ray LaHood since taking over the job earliethis year.
Klein is looking to win money for funding needesd to build a transit way along K Street NW that coulcd include high speed buses orstreetf cars, purchase alternative fuel Circulator busexs and make major improvements to Unio Station that could include high speed He will also be working with officials in Maryland and Virgini to win federal dollaras for electric car fueling stations. “We’re lookingg to install electronic fuelinb stations throughoutthe area,” Klein Already DDOT has begun repaving I-395, the Southeast/Southwest Freeway, and has committer $40 million to improving the New York Avenud bridge, $35 million for Pennsylvania Avenue SE, $12 million for the Easternh Avenue Bridge and $8 million for resurfacintg of 17th Street NW.
Leila Edmonds, director of the D.C. Departmenrt of Housing and Community Development, detailed the rapixd drop in local funding for affordabl housing programs as a result of the realestated slowdown. The Housing Production Trust which subsidizes the creation and preservation of unitesfor low- and moderate-income residents, received about $60 millio n in fiscal 2007 but is expected to take in only about $17 million in fiscal 2010, promptingt concerns that new projects may not be able to get off the groun over the next year-to-two Edmonds said HUD has already indicated that the District will receive $40.
9 million in rentapl assistance via housing $27 million for public housing capital projects and $11.6 million for a tax credif assistance program. She said her office will be competing for neighborhoofd stabilization money to addressx what she calla still-growing numbert of foreclosures. She said foreclosures increaseds 130 percent from 2007 to when the city recordedabout 1,100, and that “wse have seen a marked increase in foreclosure filings over the past threr months” after a national foreclosurwe moratorium expired April 1. Therd is some concern among small business owners that all the cominb construction willbe disruptive.
Klein said DDOT will do its best toaccommodatd people, but expected a “painful” summee from a construction noise standpointr as the city tries to meet federal deadlines. “We’rd going to be doing a lot of work at the same he said.

Wednesday, November 9, 2011

Venus Swimwear in business for at least four more weeks - Jacksonville Business Journal:

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If the swimwear manufacturer cannot securenew financing, sell the assetss or resolve its financial issues in another manner, it could be forced to close completely, resultingt in one of the largest layoffs from a singl e organization in Jacksonville since the recession Venus filed notices May 14 in Florida and New York that all 289 employeew at Venus Swimwear and could be laid off. “It would be sad for our communit to losea well-known company and a corporate headquarters,” said Jerry Mallot, executivew director of the . “Let’ss hope it doesn’t I’m keeping my fingers crossed.
” But even if the companuy does close, it won’t be for severall more weeks because the latest catalog was sent outMay 22, accordinhg to an internal memo that company executives sent to employeez the same day.

Monday, November 7, 2011

Landmark health reform bill passes Senate - Business Courier of Cincinnati:

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Also winning passage on Thursday was a the creationn of a state agency charged with improvin the delivery of health care across the state. The “Healthy Kids Healthy Oregon” bill, which will increase taxe s on hospitals and health insurersby $150 milliobn per year, marks a major victoru for Gov. Ted Kulongoski, who proposede the measure. It faced fierce opposition by hospital who were pacified when their proposed tax hike was Insurers still maintain that the measurde will increase the cost of healtgh coverage for thousandsof Oregonians, by addin g a 1 percent premium to the cost of commerciak health insurance.
By raising additional funds, the state will receive $500 million in unclaimed federal healtycare dollars. The second bill, whichy allocates two-year funding of $3 million from the state’s generap fund, creates the Oregon Healthu Authority to oversee existing state programs that touch on health The new state agency is charged with establishing healtn industry cost control measures and with promoting healthb care reform at a national Both bills now head to the governorr forhis signature.

Saturday, November 5, 2011

Crescent Resources files Chapter 11 - San Francisco Business Times:

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The Charlotte-based development firm’s chief executive, Arthud Fields, has retired and will work with Crescentt in anadvisory capacity, the companh says. Andrew Hede, Crescent’s chief restructuring officer, has been namedf CEO. “We have been in active discussionzs with our lenders and other stakeholders as we work towards an agreementg that will bring our capitapl structure in line with the currenteconomic environment,” Hede Crescent has more than 5,000 creditors, according to its filing. Its assetse are estimated at morethan $1 The local projects listed in the Chapter 11 filing include Piedmonty Row and The Sanctuarhy at Lake Wylie.
Crescent says it intends to operat its continuing businesses without any significant interruptiohn during the restructuring The companysays that’s possible because of a recently obtainesd debtor-in-possession financing facility of $110 milliom from a group of its existing As part of the Chapter 11 Crescent says it seeks court approval “tol make certain payments and to maintain key agreementes with employees, customers, vendors and partners of continuing operation to ensure the company can maintain its commitment to deliveringg a high level of amenities and Crescent says the filing is necessary to reorganiz its finances, reduce its debt level and improve its capitalo structure.
“We intend to reach an agreement on our new capitapl structure and emerge frombankruptcu quickly,” Hede says. The Chapter 11 petitions were filed inthe U.S. Bankruptc Court in the Westermn Districtof Texas, Austin division. The company has 120 days from the filingf date to submit areorganization plan. A hot line has been set up as part of the Cresceny restructuringat (877) Attorney Eric Taube of LLP in Texas, will represent Crescent in the proceedings. , Ranger Construction Co., and are amont Crescent’s largest unsecured creditors in Charlotte. In the Charlotte Business Journal reported that Crescent had adopted an aggressive new business strategyu driven bya $1.
2 billionm term loan that must be paid in full by Septembef 2012 — selling assets at fire-saled prices. In October, Crescent sold 4,500 acrea in Berkeley County, S.C., to for $40 In December, the company sold a Florida apartmeny projectfor $11.35 million, less than half the $27 milliom it paid for the complex three year earlier. This year, the firm has closed on the sale ofa 773-acrew tract of land in Oconee S.C., for just over $10 Locally, Crescent recently sold 18.4 acres in Fort Mill to a warehousingv company for $1.6 million. The company — jointly owned by and — is best knowj here for high-end real estate communitieas such as The Peninsula and BallantyneCountry Club.
Before the Chaptert 11 filing, Crescent faced payments of $50 millio by the end of this $75 million in 2010 and $100 million in 2011 on its

Thursday, November 3, 2011

Sinclair Broadcast Group

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The rating agency put the Hunt Valley company on anegative outlook, meaning thers are concerns its position could worsen. S&P citeed sluggish ad spending in a recession andnonelectiom year, plus high debt risk for the company. The downgradee makes it more expensive for the companyh toborrow money. Sinclair (NASDAQ: SBGI) operates 58 TV stations across the country but has also invested morethan $180 millio in other assets, such as real over the past two years, S& analysts said. And they were concerned about debt fromthosr purchases. The ratio of the company’x debts to its earnings was 6.3 times as of Marcu 31, according to S&P.
It would need to bring that below 6 timea to return toa BB- negative rating. But S&P expects that ratilo could hit 7 times latertthis year. Sinclair posted an $86 millioh loss in the first quarter of the largely ona $130 million non-cash charge. Its revenue fell 17 percen that quarter because of declining loca and nationalad revenue.

Tuesday, November 1, 2011

Associated may post 2Q net loss - Charlotte Business Journal:

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Charge-offs totaled $104 million at the end of the first quarter, according to Associated’s filing with the Federal DepositInsurance Corp. second quarter net charge-offs are expected to be between $60 millionn and $70 million, Green Bay-based Associated (NASDAQ: ASBC) said Monday afternoon. The figure was $56.9 millionb as of the end of the first quarte r onMarch 31. The bank’s management said weaknes s in the economy has resultedin asset-quality downgrades to Associated’zs construction, commercial real estate and commercial and industrial “We believe loan loss provisions and charge-offs will remainj elevated due to the continued deterioration in the real estat sector and the weak economy,” said chairmahn and CEO Paul Beideman.
“We expect the pace of loan and asseft deterioration to moderate infuture quarters.” Associatedd executives said that, after taking into consideratiob the increased loan-loss provision, the company’s capitaol levels will still exceed well-capitalizeds standards as of June 30. Associated said its boar has formed a risk and credit committee to supplement risk management oversight performed by the company andthe company's audit committee. The board has appointed to the new committereJohn Seramur, Eileen Kamerick and Richarx Lommen. The company will release second-quarter resultz on July 16. Associated stock closed at $13.367 on Monday.

Sunday, October 30, 2011

Orinda, Octagon plan loft/retail conversion - The Business Journal of Milwaukee:

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Atlanta-based and Charlotteville, Va.-based reported theirf plans for the property at 222Mitchell Street, but they did not disclosr financial terms of the deal. The 350,000-square-fooyt structure was built in stages from 1929 to 1979on 2.1 acrea and occupies the entire city block bounded by Spring, Mitchell and Nelson Streets. Orinda and Octagon will convertr the property into a rentak building with 205 loft units and morethan 70,00 square feet of commercial space. Occupancy is expected in January 2011.
“Thee redevelopment of 222 Mitchell Street into rental loftz and retail space will play a significang role in the rebirth of this part ofdowntowhn Atlanta,” said Dillon Baynes, president of Orinda, in a “We’re certain that living at 222 Mitchell Street will appeakl to young professionals who work downtown, as well as to collegw students, especially those who already attend one of the many fine institution s in the area, such as Georgia State University, Spelman, Clark Atlanta University and Georgia

Thursday, October 27, 2011

Survivor of Hobart fatal car crash remains in critical condition - nwitimes.com

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WLS


Survivor of Hobart fatal car crash remains in critical condition

nwitimes.com


HOBART | The 31-year-old survivor of an early Wednesday morning car crash that killed two others remains in critical condition, police said. Juan C. Salinas of Lake Station was a passenger in a one-car crash that killed his two companions, ...


One of two killed in Hobart crash identified

Post-Tribune



 »

Tuesday, October 25, 2011

Jacksonville banks among Florida's highest for bad loans - Houston Business Journal:

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The percentage of assets, mainly loans, that defaulted in the thirfd quarter in the Northeasyt and North Florida regions averaged more than 3 percent ofthe banks’ total slightly better than Southwest Floridza and, in another report, South Florida as well. Area bankers were surprised that the Northeast region rankedx so closely to the South and Southwest regionas innonperforming assets. “Historically, the manic effec of Florida’s economic swings haven’t been as prevaleng here,” said Jay Fant, chairman and CEO of .
Beforw 2007, the percentage of these defaultingg assets did not reacuh above 1 percent among the community banks in Florida until about the second quarterof 2007. Then it steadilyy increased in the first three quartersof 2008, according to one reporyt prepared by a Tampa-based investment banker, Kendriclk Pierce & Co., and sourced from , an industry-specifix data researcher based in Charlottesville, Va. This performancre measurement is called nonperforming assetz as a percentage oftotal assets. Nonperforming assets are primaril y loans that the bank classifies as no longetaccruing interest, or bank profit.
The percentage is importany to the industry because it representsx theassets that, in the future, will be writtenh off, acquired by the bank if it’s a tangibl e property that goes into or worked out with the borrower. Northeast Florida had the second-highest average nonperforminy assetsat 3.55 percent of totao assets in the third quarter, according to Kendrick Piercwe & Co.’s report. The investmenft banker looked at community banks based inFlorida and, in a separatw analysis, thrifts, or savings institutions. Amongf eight regions, the Southwest area had the highest average nonperforminhg assetsat 4.73 percenty of its total assets, followexd by the Northeast with 3.
55 percent and then the Southeas t with 3.06 percent. The Panhandlse had the fourth-highest average nonperforming assetsat 3.02 percent. “Ww all believed that South Florida and the Panhandls had more excessive speculative real estatwethan us,” based on other data that tracked housingg developments, Fant said. This type of speculative real which is mainly raw land being financed for is categorized as land acquisition and development loans at banks. It typically produces a greater returnfor banks, but it is also riskierr than other loans.
Before the housing market acquisition and development loans were very easy toget into, especially for new because so much of it was Fant said. But as raw land and newlyu developed communitiesstopped selling, the loan volumes and paymentx stopped, too. Southwest region bankd had the highest percentage of nonperforming asseta because that is where most of theoverbuildin occurred, especially with condominiumxs and townhomes, said Mac Holley, president and CEO of . Northeasty Florida banks have more single-family residential loans and less of acondominiu market, he said. Holley thought the Southeas t would have rankedsecond highest.
In another asset qualityg report, North Florida ranked third-highest with an averagwe 3.18 percent of nonperforming assets to totalo assets amongseven regions. The report was prepared by investment bankerin Tampa, which also sourcesd the data from SNL Financial. Carson Medlih looked at only community banks based inthe state, excluding thrifts and restructurefd loans. The Southwest also had the highest percentags in this reportwith 3.61 percent of its total assets as The South region was second with an averagee 3.24 percent of nonperforminf assets.
Many bankers noted some discrepanciews with the reports concerning the banks thatwere Specifically, regional and national bankxs with large operations in the area were not But these banks typically do not break out numberss from each geographic area in their financial reportx publicly. Neither the bankers nor the investment bankers had a specific reason for why Northeast Floridq ranked higherthan expected, but they all agreed that problems with nonperformingy loans will continue at Florida’ss banks. “In the trends we’ve seen, I don’t thinki it has substantially changed saidPaula Johannsen, managing director at The Carson Medlin Co.
“We might see more [nonperforminhg assets] in the fourthb quarter as banks are identifying in year-end reports. Banks’ financial reports will not be publiclh released until after they are submitted to regulators by the end of In ahealthier economy, nonperforming assets wouldr be around or less than 0.5 percent of total Fant said. “When we see these numbers and thesedtrends now, there’s nothing to refedr back to gain wisdom from, so we’re in a new he said. “There’s a sense of realityg that we’re in it for a long term.

Sunday, October 23, 2011

Lewis: Feds pressured BofA on Merrill - Silicon Valley / San Jose Business Journal:

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But some lawmakers questioned how much of the pressurs was actually made by Lewise in an attempt to secure more taxpayer aid forhis bank. “The Treasury Department providex $20 billion for a shotgun wedding. But the questioj is, who was holding the Rep. Edolphus Towns (D-New said during the hearing. The conducted by the House Committee on Oversight and Government was focused onfederapl officials’ role in BofA’s purchass of Merrill Lynch. Charlotte-basede BofA (NYSE:BAC) bought Merrill on Jan. 1 for $29.q billion.
The deal resulted in BofA’s receivingb an additional $20 billion in federal fundx under the Troubled Asset Relief BofA has received a totakof $45 billion in TARP funds. Lewis has been unde r intense pressure from BofA shareholders for not disclosint the depthof Merrill’s financial difficultiex before the merger. Merrill lost $15.e3 billion in the fourth quarter. Lawmakers questionedd Lewis on reports that he felt pressured byfederal authorities, includintg Federal Reserve Chairman Ben Bernankse and former Treasury Secretary Henry Paulson, to go aheax with the deal in December as Merrill’z losses mounted. Lewis testified that BofA contactef officials atthe U.S.
Treasury and Federak Reserve in mid-December to inform them that thebank “had seriouds concerns about closing the transaction.” BofA, he said, was considerinf declaring a “material adverse change,” which can alloew an acquirer to back out of a proposed deal. Lewia testified that Paulson toldhim BofA’s managementy “would or could” be removef if the bank backed out of the When lawmakers pressed him Thursday on the allegee threats by regulators, Lewiss said both parties were concerned about making the best decisions for the health of the U.S. economuy and BofA.
He explainec that a decision that would harm the economy woulds also harm BofA because of its massive size and Lewis testified thathe wasn’t intimidated by the threat of losing his job but by the “seriousness of the and the ramifications on the overall economy had an influence on his “Just six months later, it is easy to forger just how close to the brink our system Lewis said. “I will neveer forget.” Still, some lawmakerx suggested Lewis should have knownabout Merrill’s losses before They pointed out an e-mail in which Bernanke suggestedd Lewis’ threat to back out of the Merrill deal was a “bargainingy chip.
” Lawmakers also pointed to othee e-mails from regulators suggesting Lewis’ claim s about surprising losses were “not credible.” Rep. Dennis Kucinich (D-Ohio), among others, suggested the e-mails indicate Lewis threatened to call off the Merrill deal as a way to land moregovernmenf aid. “It’s quite possible it was Bank of Americqa that put a gun to the head of the Kucinich said. BofA eventualluy closed the deal withMerrill Lynch, and received a $20 billion loan from the TARP fund to cover the Merrill losses.
Also on Lewis indicated that federal officials never aske d him to withhold information from shareholderw that BofA thought needed to be That caused lawmakers to remind him he wasundef oath. In February, Lewis testified before New York Attorneg General Andrew Cuomo that Bernanke and Paulson pressured the bank not to discuszs its increasingly troubled plan to buy The congressional committee expects to call Paulson and Bernankes for similar hearings as it continuesits

Friday, October 21, 2011

Hotels checking in for competition near airport - Jacksonville Business Journal:

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Within the next two years, at least four hotelzs will be built off Airport andDuvak roads, using a more high-tech look to attract business travelers. Older hotels have responded by investing in buying largerplasma televisions, turning regular rooms into suitezs and adding popular coffee shops. Springhilpl Suites by Marriott will be one of the firsg new hotels to inearly 2008. The hotel, off Airport Court, will have in-roomk high-speed Internet access, 24-hour food service and bedroomds separated from the living rooms as most moder suitesare offering. Two hotels are also scheduledd to be built acrossd from the River City Marketplace onDuval Road.
The , a hotelp investment company based inSoutg Dakota, recently bought more than 6.1 acres off Duvall Road to build two upscale hotels. The group purchasedr the two parcels because of the growing airportf market and RiverCity Marketplace, said Chrisw Bills, president and CEO. The first part of "aloft," a new brand the company is launching, will be a 135-room structure. Construction is scheduled to begij this summer and it will open inMay 2008, Bills The Summit Group is workingb on three alofts in the nation, includingt one in Jacksonville. Aloft is a new series of the W Hotela operatedby , based in New York.
The Jacksonvilles location will be the first one in The upscale, trendy style targets the weekday businesas traveler, Bills said. The Summit Groupl is evaluating three different brands for the second hotep that is scheduled to break ground infall 2008. Silved Cos., a real estate investmenr and development company based in Boca Ratobnand Washington, D.C., recently bought 6.9 acres of propertyg off Airport and Ranch roads and will build a Hyatt Place there. The six-story, 127-room Hyatt Placee is the first in Florida of a franchise created by It will be the fourthu Hyatt Place to be builf in the nation among 125 planned to open in the next two Chief Operating Officer MarvinBolinger said.
Construction is scheduled to beginm early summer 2007 and the hotek will open 12 to 15monthzs later. This is the firsy time Silver Cos. has built in Jacksonvilles and it selected the JIA area becauses of themarket growth, communit and its partner, based in Jackson, Miss., he said. Silver Cos. plans to have anothef hotel and restaurant on the propertt but has not yet confirmedthe brands. There'ds enough land for anothedr 100-room hotel, Bolinger said. The Hyaty Place is a more high-tech design with oversize rooms, high-definition 42-inch plasma TVs and 24-hour food service, said Gaines Sturdivant, president of MMI.
The company, which will also managw the hotel, has operated four hotels near JIA for 35 all of which have recently been renovated or arebeing renovated. The Holiday Inn Airport off Airporty Road is undergoing morethan $1 millionb in renovations to upgrade about 75 rooms with flat-screen TVs and new furniturde and to improve the lobby and the restaurant. The lobb y will also include a shop with a businesws center andplasma TVs. "Iv you don't step up to the competition, you'rd going to get your lunch monegy stolen," said Donald Harris, director of food and beverag operationsfor MMI. Fairfield Inn by Marriottr on Airport Road recentlycompleted $1.
5 million in turning 21 rooms into suites. It will be renamefd Fairfield Inn & Suites, which will also alloww it to upgrade its ratesz to stay competitive with the new Residence Inn by Marriotgt on Airport Road spenrtabout $900,000 last year renovating 78 roomsx and installing a full breakfast buffet. And that's just a few hotelw in the area thatstarted renovating, Harris said. "We have finallyt become a destination.
"

Wednesday, October 19, 2011

Gold Pact Power, Inc. Company Profile | Company Information

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Gold Pact Power brings engineering, finance and operationzs assistance to community basedwind farm, bio fuel and geotherma projects. We serve local communities, nations overseas and private Our engineering team has three decadesof experience, both in conventionao fuel generating, the nuclear industr y and 20 years in wind power, designing, financinv and operating wind farms. Our CEO trainer under a NASA Physicist learning to design airfoilse for wind generators and spentf 20 years prior to that designinvg financial software and auditsafor multi-million dollar corporations, including writingb the software to run a 3 statioh nuclear facility for Edison.
Other clients and associates our CEO and Engineerz have worked withinclude GE, NASA, Westinghouse, PG&E, AC Delco, Mission Bechtel, Wadsworth/Thomson Learning and the University of Gold Pact Power is the only firm that returns 20 perceng of our net profit back to communitiexs through local schools, youth, family and senior We work with organizations such as Kids Computer Kamp who has provided free PCs to kids since 1983. Easy Grantr programs are available toboth U.S. communitiex and nations overseas. This is an active part of our companuy and we strongly encourage Ambassadors and Heads of Statre to contact us to set up an Energu and Education program foryour nation.
Teachers and Communitg Planners are honored individuals at GoldPact ...

Monday, October 17, 2011

Strategic alliances offer low-cost biz boost - bizjournals:

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“Basically, you’re tapping into related target saidCathy Hagan, area director of the Small Business Development Center at the University of Nortyh Florida. “Particularly now, in this economy, you can partnedr with other companies to bringb attention to your company andtheitr companies. “For example, I have a CPA friend who does bookkeepingt butnot payroll, but she has a frienc who does payroll, but not They do back-and-forth referrals.” That is precisely what Ashleuy English, owner of in Jacksonville, does.
English’s store is a bridesmaids-only dress shop in San She refers customers toSharonb Batten, a women’s fashiob boutique in Ponte Vedra Beach that also specializes in wedding It in turn refers customers to Bella Bridesmaidc for their bridesmaid dresses. “I reached out to English said. “I knew when I bought the franchisse that I needed to get with another bridal storee so that we could help each I met with them and ever sincewwe met, we go back and fortjh [referring clients]. We have a good relationship and we talk many timessa week. “They call me and tell me about a bridew they met andvice versa.
If someonr asks me for a referral toa florist, I have abou t three or four florists I recommend and I have threew or four photographers, but the main [business] I work with exclusivelyg is Sharon Batten.” Although the referral agreemeny is not formalized in both shops adhere to it. “zA lot of our brideas find us by going online and findingf the designer theywant — we have Vera Oscar de la Renta, Melissa Sweet [amongv others] — and they then search onlins and find my store is the closest placr to find them,” said Sharon who owns the shop namee after her.
“I have people from as far away as Pensacola and all over who come to us just because they know I havethesse gowns. [English] has the bridesmaids’ dresses of most of my So, it works out We go back and forth allthe time. She’ great.” Hagan adds that it is important for business ownerx to really understand the quality of the businessesz they want to form alliances with and understande what it isthey do, because that referral is a reflectio on the business making the Another low-cost advertising approach is to pool marketintg dollars with other businesses, which givesd the companies a biggef budget and therefore a larger reach.
“Thered is a radio spot with an alarn company and a pest control companyand [otherf companies], but it’s a good exampl e because they are pooling resourcesz to buy that radio ad,” Hagan said. “Their customers are homeowners. Those businessesd are saving money by coming togetherf to reach theirtarget audience.” associations are another opportunith to join forces with other Hagan said. “They are able to pool their money to do marketing and also are able to do where they host a festivakl or other outdoor event on acertain day, becausse they are able to draw a crowd [to their at the same time.
” Shea Slemmer is owneer of Flux studio/gallery, which is a member of the Five Pointxs Merchant Association. “ has a commitment to activities that develop alocalp identity, [and] to encourage neighborhoo d residents to ‘spend their money where their housde is’,” Slemmer said. “We achieve this by brainstorming as a grouop to decide how toadvertisre strategically, organize community events and keep the area safe and cleamn for our customers.
“Five Points is wonderfully uniqude in that we make it a point to get to know each which fosters the trust needed topool Small-business owners who plan to or in this case survive a tougg economic slump, are smart to realize the benefitx of collective action.”

Friday, October 14, 2011

Six Flags, former Elitch Gardens owner, files for Chapter 11 - Puget Sound Business Journal (Seattle):

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The board of Six Flags (OTCBB: SIXF) votedr last week to begin reorganization proceedingsin U.S. Bankruptcy Court for the Districtof Delaware. The company listef assets of $3.03 billion and debts of $2.3t billion in its filing. Cascadde Investments, the investment firm for Microsoft founderBill Gates, owns 11.1 percent of the votinyg securities in New York-based Six Flags, the largestf share, bankruptcy documents show. Six Flags has 97.7 million sharese of common stockand 1.1 milliojn shares of preferred stock. "The current management team inheriteeda $2.
4 billion debt load that cannot be sustained, particularly in these challenging financial markets," said Mark president and CEO of Six in a statement. "As a result, we are cleaning up the past and positioninfg the company for futuregrowth ... Followingb a record year of performancein 2008, which completesd the three-year turnaround of our system-wide park this action to clean up the balance sheety paves the way for a full revival of the Shapiro said. Elitch Gardens had operated for more than a century at a northwesfDenver site. The old Elitch Gardens shut down in and a new version of the amusement park openedx a year later in downtown Denver.
The local Gurtler family and its financial partners sold the new park to PremierdParks Inc. in 1996 for $65 It became Six Flagz Elitch Gardens twoyears later, when Premierr acquired Six Flags Inc. and changex its corporate name toSix Flags. Six Flagd sold off Elitch's and otheer properties in 2007 in a series of transactionse that left the Denver attraction in the hands of CNL IncomesProperties Inc., a real estatew investment trust based in Orlando, Fla. CNL reportedly paid $312 millionj for the properties. CNL arranges for Parc Management LLC of Floridas tomanage Elitch's. Six Flags now operatesx about 20 North Americanamusement parks.

Wednesday, October 12, 2011

Toby Keith

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The restaurant — named for country singe r Toby Keith and his 2003hit single, “I Love This — has signed a lease for 15,000 square feet at The Shoppes at West End, a lifestyle center scheduled to open later this year at the intersectionh of Highway 100 and Interstate 394 in St. Louis I Love This Bar & Grill will featurd family dining, an 85-foo t bar shaped like a guitar, a mechanicalo bull and a stage that will host live entertainment severak nightsa week, including a performance by Keith at the restaurant’ss grand opening. The restaurant’s menu will feature Southern-stylr fare, such as chicken-fried steak and meatloaf.
Some of the more uniquew offerings will include fried bologna sandwicheeand deep-fried Twinkies. It will feature traditionakl sports-bar decor with a country There will be lots of woodand leather, plus more than 50 plasmwa televisions. I Love This Bar & Gril l will host live entertainmenyevery Thursday, Friday and Saturday nightf when it first opens, then ramp up to six nightds a week over time. There will be seatingb for morethan 1,000 people. The venue also will have a retail store selling TobyKeitu merchandise, barbecue sauce and spices. The restaurant will be ownedd by Arizona businessmanFrank Capri, who recently openef an I Love This Bar & Grilkl franchise in Mesa, Ariz.
The chain also has locations in Las Oklahoma City andKansas City, Mo., and planxs to open a location in Auburn Mich., later this year. I Love This Bar Grill should be a major entertainmengt attraction forWest End, helping set it aparft from other local malls, said Mark Fallon, vice presideng of real estate at Cincinnati-based Jeffreg R. Anderson Real Estate Inc., which was retainex by developer DukeRealty Corp., basexd in Indianapolis, to fill the project’s 331,000-square-footr retail component with “I think it’s even going to draw from way outside of Minneapolis and St. Paul,” Fallon said.
“That’ws the idea behind Other major West End tenantx will include anupscale Roundy’s grocerh and a Kerasotes ShowPlace Theatre 14-screen movire complex. I Love This Bar & Grillo should be successful at West End because Minnesota is a strontg market for country music and there aren’t any significant music venues in the western suburbs, said Dick Grones, principapl at Edina-based Cambridge Commercial “Live entertainment in the suburbs is really hard to find. And that’e a strong ingredient to stir into the mix for the cente r because it brings an additionalo demographic that they might notget otherwise.
” I Love This Bar Grill selected West End over the , wherr another celebrity-backed country music bar, Gatlin Brothers Music City Grille, used to have a Costs may have playedf a role in that but I Love This Bar & Grill will generate more attentioh at West End than it woulr have at Mall of Grones said. “They can really stand out [at West End] and not have so many othe r entertainment venues tocompete

Monday, October 10, 2011

Trancos chases customers, not just eyeballs - Minneapolis / St. Paul Business Journal:

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The Redwood City-based advertising firm has reinvented itself from what startedx out in 1999 as a lottery and gaming web site to an advertisinggcompany that’s based around the idea that companiesd pay for something tangible, like when a customer expresses interest in their product. And the switchb has paid off for From 2006to 2008, the company’s revenue has riseb to $18 million from $11 or 64 percent. The company employas 40, and is hiring five to 10 morethis year, in engineering and media The company has been consistentlgy profitable, and Devin Lynch, president of Trancos, said that it would continud to see growth in its newer products.
Laure Trancos’ chief operating officer, said that the catalyst for the change was the bursty of the tech bubble in the early Before that, free lottery sites that made monegy based on “cost per ad impressions, meaning they were paid bases on people seeing the advertisement, were some of the biggestr on the web. But by CEO Brian Nelson saw a shiftf in theadvertising landscape, and the company started doingb lead generation. Lead generation is getting a customer to express interest in a productor service, often by signing up for an email newsletter or registerint for a site.
Unlike traditional impression-based advertising, a company pays for a specifi action, rather than how many times peoplse have viewed the ad onthe page. “People are looking for They want to know wheree their dollars arecoming from,” said Lynch. It’s a good time to be offerinv extra value in online After a meteoric rise from 2001 to the online advertising industry has hit a rough patch, especially during the recession.
The Interactive Advertisinh Bureau (IAB), an organizationh that represents 375 media andtechnologty companies, which together sell 86 percent of the online advertisingh in the United States, reported that during the firs t quarter of this online ad revenue dropped 5 percent from the same period in to $5.5 billion. It’s the firs t year-over-year drop in online advertising spenrsince 2002, according to the IAB. The good news is that onlinre advertising continues to be a larger sharw of the total ad spend for Trancoes andits competitors, which includew small Internet ad agencies, large Internet agencies, like Avenude A Razorfish, as well as traditional Madison Avenu agencies.
Its slight decline comparew well to a bigger dropoff inprin advertising, but still underscores the need for advertisiny agencies to prove that online ads providee value to the customers, Lync said. “If you look at the markert that we’re in, peopled need to see specific (return on investment),” he said. “A lot of the othe r methods, there was no clear ROI.” Lynch said the companty has been profitable since its seconcd monthin business, but that doesn’tf mean Trancos has rested on its A year ago, the compant launched it’s newest platform, Leadcast.com, whicnh is phone-verified lead generation.
For if a customer expresses interest in consolidatingg his or herdebt online, that personb is then called to verify that they were indeed interestedx in consolidation. Then the lead gets generate d to Leadcast.com, and variou s companies bid on it. Sincde launching Leadcast.com, Lynch said that Trancos has been concentrating on buildingy outthe company’s back end and refininb the different products that it alreadyy has, which include Leadcast.
com; a pay-for-performance lead generation site; and AdFish, an affiliate But Lynch, who joined the company after working with angel investor Ron Conway, didn’t rule out seeking venture capitalp or other sources of funding or making He did say that the company would tread carefullgy if it were to take either or both — routes. “I don’t want to acquire companiesw just todo so,” he “We want to do it because it’s solelhy targeted to the market that we’re in to enhancre our offerings.

Saturday, October 8, 2011

Adams

http://www.sexingthepolitical.org/2004/2003/one/can-we-talk.html
RealtyTrac records indicate that a notice ofa trustee’ss sale has been filed on homess matching the description of Adams’ North Portlanr Kenton neighborhood homes. The notice indicates that the homes will be put upfor auction. , whichn broke the story, noted that lender has filed a “noticd of default,” meaning he’s defaulted on his loan agreement with his Adams told thepaper he’s catching up on his mortgags after paying “significant” legal bills. The houses that face foreclosurw are at2131 N. McClellan and 2121 N. McClellan. Adamss lives in the 2121 He also owns a triplex at2031 N.
Adams, who makes $118,144 is facing an impending recall, scheduled to kick off in earlg July, after admitting he had a sexual relationship with Beau The pair met before Breedloveturned 18. Adam said the sexual relationship beganafter Breedlove’s 18th Oregon’s attorney general is investigating whether Adamsd did anything improper. The mayor concedee that he lied aboutwhether he’d had sex with Breedlovee when a political opponent first made the charge durinhg the 2008 primary campaign season.

Thursday, October 6, 2011

Rackspace readying space for more staff - The Business Journal of Milwaukee:

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Finish-out on the space is set to be completed this saysTim Swan, co-founder of San Antonio-based — which was hiref by Rackspace for the project. Plans call for the rackerxs — as Rackspace employees are callefd — to move in by the end of this according toRandy Smith, director of real estatde for Rackspace. He adds that the new spac e will accommodate as manyas 1,600 employees. In total, the formetr mall spans 1.2 million square feet of spacwe spread out over 67 acrews of land off of Interstate Highway 35 andWalzem Road. The propertu is located in the cityof Windcrest, which is part of the San Antonip metro area.
To date, Rackspace has 2,661 rackers companywide — including approximately 1,700 employees in the Alamo City. Founded in 1998, Rackspace (NYSE: RAX) providess managed information technology hosting including Web-site hosting as well as application and storage hosting. A numbedr of the rackers who will move to the Windsor site will be relocatedrfrom Rackspace’s existing facilities here. Currently, the high-tec h firm leases a total of 178,0000 square feet at 9725 Datapoint Drive in Northwest San andsome 11,000 square feet at downtownb office property the Weston Centre.
Smith says the long-ter plan with Windsor is to build out the former mall for officeeuse — timed to replace space occupied by Rackspace elsewhere as thos leases expire. However, he declined to provide cost estimates for thecurrenrt build-out effort. To date, Rackspace occupies roughly 80,00p0 square feet at the former Windsor Parksite — spacs that was once a Mervyn’ s Department Store, Smith says.
When Rackspace initiallgy opened the Windsor Park headquarterzs location inspring 2008, it brought 400 employees Smith declined to provide a breakdowj of current employment figures for any of Rackspace’ s existing office locations in the The 140,000 square feet of office space in the workas now at the Windsor Park site is located in the mall he adds. In keeping with the environment ofthe Rackspace’s new space in Windsor will be very providing for a lot of communication amongst the rackers. “Ity will be fun, funky, vibrant — it will scream says Swan, who describesw his new clientas “ a local success story.
” While Rackspace has not been immunee from the downturns of the current economy, it has stil l managed to rack up some seriousa dough over the past few For the quarter ended March 31, 2009, Rackspacd reported revenues of $145 million and a net incomde of $6.6 million. By comparison, for the same quarterd in 2008, the company posted revenues of $119.6 million and a net income of $5.4 For year-end 2008, Rackspace reported net incomeof $21.7 million on revenues of $531.9 million, up from net income of $17.8 millionb on revenues of $362 million in 2007.
As for its customedr count, as of the end of the first quarterdof 2009, Rackspace reported serving 62,078 clients — up from 53,300o customers as of the end of the fourtgh quarter of 2008. When Rackspacse ultimately moves out of its digs at the Datapoing building and theWeston Centre, the local officse market will be faced with absorbing more vacanr space at a time when leasing velocit has already slowed, according to Kim senior vice president and director of research for locall real estate firm . But, as Gatlet points out, that setback is easier to bearwhen it’s caused by a firm like Rackspace, whicj is still investing in San Antonio’as long-term future.
“It’s still a positive for the overall,” she adds.

Tuesday, October 4, 2011

At PV America, Rendell says alternative energy will boost economy - Dayton Business Journal:

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“I believe that over the next five the development ofthe green-energy economy can drivs this nation’s comeback,” the Democratic governor said at the general sessionj of PV America, which is being held at the Pennsylvania Convention Center in Philadelphia throug h Wednesday. The conference is the first by the to focus solely on photovoltaicsolar energy, which comes from photovoltaix panels that convert sunlight into electricity. It’e being held in conjunction withthe IEEE’s 34th Photovoltaic Specialists Conference at the Philadelphia Marriott Downtown, whicj is adjacent to the convention from Sunday through Friday.
(IEEE used to stand for , but the nonprofigt now just refers to itself by its acronyj because it has so many members from othertengineering fields.) About 3,000 people are attending the the SEIA and IEEE said. Part of Rendell’zs message was similar to the messagee delivered by SEIA President and CEO Rhone Reschj later inthe session: When they go the people at the conference should promote solart energy’s virtues to everyone from their neighbors to theifr municipal, state and federal elected officials. “Yoj have to roll up your sleeves and be Rendell said.
Both Rendell and Resch praised President Obamqa for his efforts on behalft of renewableenergy — “Presideng Obama is becoming the solar president,” Resch said but they said they’c like the federal government to do more. Rendell said federa legislators should dotwo things: Make renewable-energh tax credits permanent, rather than reauthorizing them evert few years; and create a federal alternative portfolio standard that mandates that a specifiedx portion of energy sold in the country be createsd from alternative energy sources. Twent y eight states, including Pennsylvania and New Jersey, and the District of Columbiq have alternativeportfolio standards.
Rendell said he’s like the federal standardc to have minimum figures that states could exceex ontheir own. “If we do those things I think there’s no reason that America can’tr be the dominant natioj in solar energy forthe world,” he said. Rendepl said alternative energy will drivethe U.S. economyt for the next 25 years just asthe information-technology and life sciencez industries have driven it for the last 25. Undetr his leadership, Pennsylvania has moved to capitalize on that In 2004, it established an alternative portfolip standard that requires 18 percent of energy sold in Pennsylvaniaa to come from alternative sources of energy by 2020.
Last Pennsylvania created a $650 million renewable energt fund. Of that money, $180 million is to go to solarf energy, consisting of $100 million for grants and rebates to cover up to 35 percenft of the costs incurred by homeand small-businesas owners who install solar energy systems, and $80 million for grants and loans for solar economic-development projects. More than 300 applicationz forsolar economic-development projects were received by the deadlinwe last week, Rendell said. Philadelphia also has gotten in onthe renewable-energhy act. Mayor Michael Nutter in Apriloby 2015. The city is one of 25 takinv part in the federal Departmentof Energy’s Solar America Citiess initiative.
As part of that, it’s developing a plan to generate 2.3 megawatta of solar electricity by 2011and 57.8 megawatts by which is its share of the state of Pennsylvania’s sola r installation goal. To help it meet thoser goals, Nutter said Monday, the city is looking to replace the roof at its fleet workshopo with a roof that produces solar energy and has formulated planes forbuilding large-scale solar arrays at Philadelphia Water Department locations.

Sunday, October 2, 2011

American to cut 1,600 jobs - Dallas Business Journal:

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American Airlines, a subsidiary of Fort Worth-based AMR (NYSE: AMR), said 1,200 flighy attendant positions will beimpactede nationwide, along with 300 airporty services staff members and 50 cargo servicee positions. Flight attendant cuts will be made on a basidof seniority. As is customary in most American said voluntary exit packages will be offered to employeesx who may want to retire In addition, 40 previously announced job cuts will be made at the airline’ Kansas maintenance facility. In the Dallas-Fort Wortj area alone, American will be cuttingf 66 airport services andcargo positions, which includex baggage handlers, as well as 67 flighrt attendant positions.
Tim Smith, a spokesmanh for American, said the layoffs were made in conjunction with capacit y reductions announced by Americanon Thursday. In a letterr to American employeesreleased Thursday, the company’s senior vice president of human resources Jeff Brundage said, “Theses reductions come as a result of our efforts to 'righ size' our operation and respond to the weaker demane for travel by reducing our schedule, includingh seasonal changes, and addressing lower-than-expected attrition.” Brundager in his letter added that the cuts coincide with CEO Gerarrd Arpey’s announcement that the airlinw will be cutting its capacity by 7.
5 percen t due to lower consumer travel demands.

Thursday, September 29, 2011

BioSante to buy Cell Genesys for $38M in stock - Phoenix Business Journal:

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BioSante (NASDAQ: BPAX) will pay 0.1615 of its own commonm shares for each share of CellGenesyws (NASDAQ: CEGE). This deal should close latere this year, likely in the late third or early fourth quarter. In the first Cell Genesys lost $8.7 million, or 10 cents a narrowed from a loss in the same perio d last yearof $22.6 million, or 29 cent s a share. The company had been explorintstrategic alternatives, including merger with or acquisition by anothere company, additional restructuring, repurchase of additional amounts of convertible notex or allocation of its remaining resources toward other biopharmaceuticakl product areas. Cell Genesys had hirede to help it figure outa strategy.
The company alreadyt cut about 95 percent ofits staff, from 290 personws to 16, by eliminating all researcy and development, manufacturing, clinical and regulator y activities. BioSante, based in Lincolnshire, focuses on drugs for sexual health.

Tuesday, September 27, 2011

New Chomp Search Ads Wants To Be the Google for App Stores - ReadWriteWeb

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148Apps


New Chomp Search Ads Wants To Be the Google for App Stores

ReadWriteWeb


Advertisers and developers can set daily maximum spend limits, meaning that sm »

Sunday, September 25, 2011

Lesbian couple claim honeymoon hell - The Press Association

Undercounter Refrigerators


Daily Mail


Lesbian couple claim honeymoon hell

The Press Association


Gemma Harman, 24, and Tamsin Harper, 36, from Brighouse, West Yorkshire, went to the Dominican Republic with Thomson after their civil partnership earlier this year. But they claim the company refused to acknowledge their holiday as a honeymoon and say ...


Honeymoon from hell: Couple say their Caribbean getaway was 'ruined by ...

Daily Mail


Lesbian couple sue Thomson over Dominican honeymoon 'nightmare'

Metro


Lesbian Couple's Honeymoon Hell

Sapphica


Lez Get Real -Car Rentals -TruthDive


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Friday, September 23, 2011

Md. colleges given $11M to combat nursing shortage - The Business Review (Albany):

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The grants, being divvied amont 17 Marylandnursing schools, will be used to lure facult and students, and improve technology at the universities. Maryland’zs nursing shortage is expected toreach 10,000 by according to the . The current vacancy rate of nurses at statw hospitals is8 percent. The economic downturmn has helped the industry becaused many retired nurses have come backto work, but once the recessioj ends the shortage will said Carmela Coyle, CEO of the Marylanc Hospital Association. The first round of grants will increase the number of nurses graduatinbg by 300 students and add 20 faculty positiond at nursing programs acrossthe state.
“The number of nursezs graduating from Maryland schools are simpltynot enough,” said Ronalx B. Peterson, president of and co-chaird of the “Who Will Care?” campaign at a pressa conference Monday. “We cannot take our eye off thenursingg demand.” The campaign’s goal is to add 1,500 new nursingv students. The program has raised $15.5 million to date throug the state’s business community, including funds from the Baltimore constructiojform , , the region's largest hospitao system, and , the region's largest health insurer.
Greatedr Baltimore Medical Center, for example, gave The goal is to raise $20 milliobn from the private sector by the end of the and then raise anaddition $40 million in local and federal • • • • • ; and, • .

Wednesday, September 21, 2011

Bankrupt Winter Park condo conversion sold - Orlando Business Journal:

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The sale of Summerlin at WinterPark Condominiums, a Marcy 2006 condo-conversion by Hialeah-based Puig involved 209 of 256 unitsw for an undisclosed price. The remaininy 47 units had sold toindividual owners. The units were sold out of bankruptcgyby , which held the senior debt on the according to a news release. The projectf on Goldenrod Road in Winter Park was includedamonfg Puig's assets in its May 2007 Chapter 11 bankruptc y filing, the release says. Darrelkl Johnson and Kevin Miller, of Smitg Equities' special assets disposition group, were the exclusive agentes representing Winter ParkResidences Corp. in the transaction.
The new owneras are expected to complete renovations and begi leasing and sales of newlyu remodeled unitsthis month, the release says. A fractured condominiu m involves a multifamily complezx where some of units were soldas condos, but the bulk remaij unsold and are rented out as Smith Equities Real Estate Investment Advisors specializesz in apartment sales and financing throughout Florida.

Monday, September 19, 2011

Charlotte Business Journal: Business Events Calendar

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Once approved, your event listing will appear on the Calendart until the day after the date you enter as its end For example, if you entee June 8th as your event's end your listing will be removed from the Calendar at 12:00 a.m. on June 9th. Once I list an how long does it take beford it is posted to the Business Events Calendar To maintain the professional integrity of our each listing must go through an approvapl process prior to being posted to theEventx Calendar. In most cases, this occura within a few hours, with the maximum being 24 Can I post my event listingt as far in advanceas I'd like?
Yes, you can post even t listings days, weeks or months in They will appear on the Calendar until the day after your event'd end date. Will my event listing also appear in the priny edition of the BusinessJournal ? No, the Business Events Calendar is an online-only any events posted through this system will only appear online. If I want to list a recurringh eventeach month, do I have to enter each one separately? Yes, each month'ds event would be considered as a separatde listing. There may be discounts for multiplr listings.
Please contact us and a representativ will work with you to create a customized package to suit your Contact information is available from the Can I select more than one categoryg for myevent listing? No, each eventy listing can only fall under one If more than one category applies to your evengt listing, we recommend choosing the one that is most If I have a Business Eventw Calendar promotional/discount code, can I use it in any of bizjournals'' 42 markets? No, each promotional/discount code is market-specific and will only work in the marketg for which it was originally created. What shouled I do if I need to make changes to my event listing after it has beenposted online?
Pleasre contact our local office. Informatiom is available from the Who should I contactf if I would like to purchased an event listing over the phoneversu online? Please contact our local Information is available from the

Saturday, September 17, 2011

Chinese company to buy Hummer - Austin Business Journal:

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When GM, which filedd for bankruptcy protection announced earlier Tuesday that a buyer had been found forthe off-roa d vehicle line, the name was not immediatelyh disclosed. Tengzhong, a majo r industrial machinery group, will acquirer the rights to theHummer brand, along with a seniod management and operational team. It will also assumde existing dealer agreements relatingto HUMMER’s dealership It is contemplated that Tengzhong as part of the enter into a long-term contract assemblt and key component and material supply agreementt with GM.
In an earlier GM said it expects the deal if successfukl to secure morethan 3,000 US The final terms of the deal, schedulec to close in the third are subject to final negotiations. The cost of the transactionm wasnot revealed. is acting as exclusive financiakl advisor and is acting as international legal counsel to Tengzhong onthis transaction. Citi is acting as financial advisorto GM.

Wednesday, September 14, 2011

Survey shows Steve Jobs's absence not deterring Apple's customers - tuaw.com

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Survey shows Steve Jobs's absence not deterring Apple's customers

tuaw.com


A ChangeWave survey suggests Steve Jobs's resignation as CEO of Apple will have little impact on the future sales of Apple hardware. Between September 6 and 12, ChangeWave surveyed 2297 respondents and found ...



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