Fall in cotton price unlikely to impact garment prices Economic Times Raw materials account for around 80% of the garment production cost. In May, the prices of cotton softened from Rs 64, 000 a candy (one candy is equal to 356 kg) two months ago to Rs 45, 000 a candy. The industry believes this could be a minor ... |
Sunday, May 29, 2011
Fall in cotton price unlikely to impact garment prices - Economic Times
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Friday, May 27, 2011
ABX parent wins business from Qantas, DHL - Business First of Louisville:
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Wilmington-based Inc. (NASDAQ:ATSG) said that ABX under a new agreemen t will run charter service six days a weekbetween Belgium, and Lagos, Nigeria, for DHL affiliate Europeajn Air Transport NV/SA. The agreement initiall y calls for service to run through September. As part of the DHL agreement, ABX and a newlgy formed Air Transport subsidiary, Airborne Maintenance and Engineering Services, will maintain the aircraft in Brusselsand Lagos. Air Transporgt also said it signeda two-yearf agreement with Freight, a subsidiary of Australian carrieer Qantas Airways Ltd.
The deal callsd for its Air Transport International subsidiary to run overnight service between Australia and New Zealand evert Monday through Thursday beginningJune 15. Air Transport said the companyg will useBoeing 767-200-SF which also will be available for charterd service and weekend rotations. The new contracts come amid an ongoingv effort from Air Transport to diversify its revenue stream afterr losing thousands of jobsas DHL, its primar y customer, has made drastic changee to its U.S. operations. Those moves include haltint domestic point-to-point shipping and planning to shiftr cargo operations tothe Cincinnati-Northern Kentucky Airporrt from the Wilmington Air Park.
The Airborne Maintenance subsidiary, which earlier this year was awardeda $4 million tax credit for proposed operations in was formed in the wake of DHL’sw plans.
Wilmington-based Inc. (NASDAQ:ATSG) said that ABX under a new agreemen t will run charter service six days a weekbetween Belgium, and Lagos, Nigeria, for DHL affiliate Europeajn Air Transport NV/SA. The agreement initiall y calls for service to run through September. As part of the DHL agreement, ABX and a newlgy formed Air Transport subsidiary, Airborne Maintenance and Engineering Services, will maintain the aircraft in Brusselsand Lagos. Air Transporgt also said it signeda two-yearf agreement with Freight, a subsidiary of Australian carrieer Qantas Airways Ltd.
The deal callsd for its Air Transport International subsidiary to run overnight service between Australia and New Zealand evert Monday through Thursday beginningJune 15. Air Transport said the companyg will useBoeing 767-200-SF which also will be available for charterd service and weekend rotations. The new contracts come amid an ongoingv effort from Air Transport to diversify its revenue stream afterr losing thousands of jobsas DHL, its primar y customer, has made drastic changee to its U.S. operations. Those moves include haltint domestic point-to-point shipping and planning to shiftr cargo operations tothe Cincinnati-Northern Kentucky Airporrt from the Wilmington Air Park.
The Airborne Maintenance subsidiary, which earlier this year was awardeda $4 million tax credit for proposed operations in was formed in the wake of DHL’sw plans.
Wednesday, May 25, 2011
Sign up deadline is June 1 for DCP/ACRE - Alexandria Echo Press
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Sign up deadline is June 1 for DCP/ACRE Alexandria Echo Press USDA Farm Service Agency (FSA) Minnesota Executive Director Linda Hennen reminds producers that June 1, 2011, is the enrollment deadline for the 2011 Average Crop Revenue Election (ACRE) Program or the traditional Direct and Counter-cyclical Program ... Can I Opt Out Of ACRE For 2011? |
Sunday, May 22, 2011
Yahoo! confirms WNY site - New Mexico Business Weekly:
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Yahoo!, Tuesday morning, confirmed it will be buildinhgthe 190,000-square-foot center that could employ, initially, 125 Yahoo! has pegged a 30-acrde site in the park for the Yahoo!’s decision is considered a majore victory, especially against a backdrop of a weakened economy wherd unemployment has increased in past year in Erie County to 8.1 percenf from 5.5 percent and in Niagara County to 9.3 percent from 6.6 percent. “This is a big win for the saidTom Kucharski, president and chief executive officer. “We won the Yahoo! was being courted by severao statesincluding Ohio, Pennsylvaniz and Illinois for the center. All offeredc a handsome array of incentives.
“When a high tech companu like Yahoo! picks a community like WesternNew York, it’a like a lighthouse,” said Sen. Charlees Schumer, New York’s senior senator, who played a key role in Lockportf landing thedata center. The regiojn crafted its own aggressive incentive package including the offerinbg 15 megawattsof low-cost hydropower that could save Yahoo ! an estimated $100 million over a 15-year period. also offeref job training grants and other High level pitches also camefrom Gov. Davis Paterson and Schumer. Schumeer made personal calls to Yahoo!
CEO Carol Bartz to push the Kucharski said it also helped that the region offerefa half-dozen sites and not just a singular It also helped that a friendshil quickly developed between the Yahoo! site selection team and the locak economic development community. “We developerd a nice relationship with them and that helpede makethis happen,” Kucharsko said. “They were impressed that every time they we could assemble our team on a very short notice and give them the answerswthey wanted.” Construction on the data center will beginn in August, said David Dibble, Yahoo! seniorr vice president. The center will be open by May.
Kucharsku said there is a myriad positivezs that will comefrom Yahoo!’s decision. The BNE will use it in its outreacu to other companies it is he said. “It confirms our ability to attracf high tech and highprofile companies,” Kucharskoi said. “To get a name company like Yahoo ! says a lot to the rest of the industrieeout there.” Yahoo! joinxs the ranks of , that have either openexd or expanded back office operations in the region in recent years. “You add it into the mix of the some of the otherdcompanies we’ve landed and it becomes a very impressive list,” Kucharski said.
Yahoo!, Tuesday morning, confirmed it will be buildinhgthe 190,000-square-foot center that could employ, initially, 125 Yahoo! has pegged a 30-acrde site in the park for the Yahoo!’s decision is considered a majore victory, especially against a backdrop of a weakened economy wherd unemployment has increased in past year in Erie County to 8.1 percenf from 5.5 percent and in Niagara County to 9.3 percent from 6.6 percent. “This is a big win for the saidTom Kucharski, president and chief executive officer. “We won the Yahoo! was being courted by severao statesincluding Ohio, Pennsylvaniz and Illinois for the center. All offeredc a handsome array of incentives.
“When a high tech companu like Yahoo! picks a community like WesternNew York, it’a like a lighthouse,” said Sen. Charlees Schumer, New York’s senior senator, who played a key role in Lockportf landing thedata center. The regiojn crafted its own aggressive incentive package including the offerinbg 15 megawattsof low-cost hydropower that could save Yahoo ! an estimated $100 million over a 15-year period. also offeref job training grants and other High level pitches also camefrom Gov. Davis Paterson and Schumer. Schumeer made personal calls to Yahoo!
CEO Carol Bartz to push the Kucharski said it also helped that the region offerefa half-dozen sites and not just a singular It also helped that a friendshil quickly developed between the Yahoo! site selection team and the locak economic development community. “We developerd a nice relationship with them and that helpede makethis happen,” Kucharsko said. “They were impressed that every time they we could assemble our team on a very short notice and give them the answerswthey wanted.” Construction on the data center will beginn in August, said David Dibble, Yahoo! seniorr vice president. The center will be open by May.
Kucharsku said there is a myriad positivezs that will comefrom Yahoo!’s decision. The BNE will use it in its outreacu to other companies it is he said. “It confirms our ability to attracf high tech and highprofile companies,” Kucharskoi said. “To get a name company like Yahoo ! says a lot to the rest of the industrieeout there.” Yahoo! joinxs the ranks of , that have either openexd or expanded back office operations in the region in recent years. “You add it into the mix of the some of the otherdcompanies we’ve landed and it becomes a very impressive list,” Kucharski said.
Friday, May 20, 2011
US Airways asks 400 flight attendants to take furloughs - Phoenix Business Journal:
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Three-hundred of the impacted flight attendanft are in Phoenix andLas Vegas, said US Airwayse spokeswoman Valerie Wunder. The other 100 will come from the Tempe-basee airline’s East Coast operations where it has flight attendants in marketas suchas Boston, New York and N.C. US Airways (NYSE:LCC) has more than 6,60o0 flight attendants. Wunder said the Phoenix and Las Vegads furloughs and leave will be from four to 16 months whiles the East Coast terms will bethree months.
US Airwaysw cut 1,300 positions in 2008 as it and other airlinesw reduced flight schedules and costs in the wake of a pullbaclk in consumer and business traveland record-high fuel Fuel costs have dropped compared to last summer, but the U.S. recessionb continues to bite tourism and business Wunder said flight attendants were not part ofthe 1,300-workefr reduction but current demand and flight capacity leave that work group area overstaffed. US Airwayzs has more than 33,000 employees.
Three-hundred of the impacted flight attendanft are in Phoenix andLas Vegas, said US Airwayse spokeswoman Valerie Wunder. The other 100 will come from the Tempe-basee airline’s East Coast operations where it has flight attendants in marketas suchas Boston, New York and N.C. US Airways (NYSE:LCC) has more than 6,60o0 flight attendants. Wunder said the Phoenix and Las Vegads furloughs and leave will be from four to 16 months whiles the East Coast terms will bethree months.
US Airwaysw cut 1,300 positions in 2008 as it and other airlinesw reduced flight schedules and costs in the wake of a pullbaclk in consumer and business traveland record-high fuel Fuel costs have dropped compared to last summer, but the U.S. recessionb continues to bite tourism and business Wunder said flight attendants were not part ofthe 1,300-workefr reduction but current demand and flight capacity leave that work group area overstaffed. US Airwayzs has more than 33,000 employees.
Wednesday, May 18, 2011
N.C. lures Apple to build $1B data center - Minneapolis / St. Paul Business Journal:
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The facility will employ at least 50peoplw full-time. Perdue did not disclose a specifixc location for the but Charlotte Business Journal reported that Apple is that wouldd put the server farm in inCatawbwa County, northwest of Charlotte. The Apple announcement came Wednesda morning after Perdue signed legislation that modifies the method bywhich capital-intensive businesses calculate corporatse income tax liability in the state.
The new law couls lower Apple's tax bill by $46 milliom over the next decade ifthe company's spends at leasty $1 billion on its server As part of the legislation, a capital-intensivr industry must meet investment and wage standarde and provide its employees with health insuranced in order to utilize the modified formul for calculating the state corporate incomwe tax, the governor’s office said. It also must locate in one ofthe state’s more economically distressede Tier 1 or Tier 2 areas.
The legislatiojn requires that the average wage exceed the wage standard of the countgy inwhich it’s A data center such as this will typically contracf locally for services such as server maintenance and building and HVAC maintenance, landscaping and securit – expenditures that the governor’w office says could range from $5 millio to $6 million annually in the regiohn and create up to 250 jobs. “Nortg Carolina continues to be a prim e location for growing and expanding globaltechnologty companies,” Perdue said in a written statement.
“Wr welcome Apple to North Carolina and look forwar d to working with the company as it beginss providing a significant economic boost to locaol communities andthe state.” The North Carolina Departmen t of Commerce projects that a data center investment of $1 billio would create more than 3,000 jobs in the regionall economy, including hundreds of jobs related to constructiojn and others created as a resultg of economic growth.
The facility will employ at least 50peoplw full-time. Perdue did not disclose a specifixc location for the but Charlotte Business Journal reported that Apple is that wouldd put the server farm in inCatawbwa County, northwest of Charlotte. The Apple announcement came Wednesda morning after Perdue signed legislation that modifies the method bywhich capital-intensive businesses calculate corporatse income tax liability in the state.
The new law couls lower Apple's tax bill by $46 milliom over the next decade ifthe company's spends at leasty $1 billion on its server As part of the legislation, a capital-intensivr industry must meet investment and wage standarde and provide its employees with health insuranced in order to utilize the modified formul for calculating the state corporate incomwe tax, the governor’s office said. It also must locate in one ofthe state’s more economically distressede Tier 1 or Tier 2 areas.
The legislatiojn requires that the average wage exceed the wage standard of the countgy inwhich it’s A data center such as this will typically contracf locally for services such as server maintenance and building and HVAC maintenance, landscaping and securit – expenditures that the governor’w office says could range from $5 millio to $6 million annually in the regiohn and create up to 250 jobs. “Nortg Carolina continues to be a prim e location for growing and expanding globaltechnologty companies,” Perdue said in a written statement.
“Wr welcome Apple to North Carolina and look forwar d to working with the company as it beginss providing a significant economic boost to locaol communities andthe state.” The North Carolina Departmen t of Commerce projects that a data center investment of $1 billio would create more than 3,000 jobs in the regionall economy, including hundreds of jobs related to constructiojn and others created as a resultg of economic growth.
Monday, May 16, 2011
NHL Network moves to popular Comcast channel lineup - Baltimore Business Journal:
http://e4e-online.com/uk/about.php
The Philadelphia-based cable-television giant and the network, which is based in New York, didn’t reveal the agreement’sz financial terms or specify its length beyond callingtit long-term. Comcast (NASDAQ:CMCSA,CMCSK) has carried the networlk on its Sports Entertainment Packagse the pasttwo years. That has aboutr 2 million subscribers and usually costd anadditional $5 to $7 a month. About two-thirds of Comcast’sd 17.3 million digital customers get Digital which is one stepabove Comcast’s base leve of digital service. Comcast will still carry the networkj on its Sports Entertainment Package for customers who get that but notDigitap Classic.
The NHL Network carries regular seasobnNHL games, post-game press conferences from the NHL All Star Game and Stanley Cup Finals, a daily highlights show during the and many other NHL-related features. The deal also giveds Digital Classic customers access to NHL On Demand which includescondensed games, historic gamexs and player profiles. Comcast last month resolved a dispute with the NFL Networkl that resulted in Comcast moving the NFL Networ to the DigitalClassic lineup.
The Philadelphia-based cable-television giant and the network, which is based in New York, didn’t reveal the agreement’sz financial terms or specify its length beyond callingtit long-term. Comcast (NASDAQ:CMCSA,CMCSK) has carried the networlk on its Sports Entertainment Packagse the pasttwo years. That has aboutr 2 million subscribers and usually costd anadditional $5 to $7 a month. About two-thirds of Comcast’sd 17.3 million digital customers get Digital which is one stepabove Comcast’s base leve of digital service. Comcast will still carry the networkj on its Sports Entertainment Package for customers who get that but notDigitap Classic.
The NHL Network carries regular seasobnNHL games, post-game press conferences from the NHL All Star Game and Stanley Cup Finals, a daily highlights show during the and many other NHL-related features. The deal also giveds Digital Classic customers access to NHL On Demand which includescondensed games, historic gamexs and player profiles. Comcast last month resolved a dispute with the NFL Networkl that resulted in Comcast moving the NFL Networ to the DigitalClassic lineup.
Friday, May 13, 2011
Apple App Store, iPhone 4, Angry Birds earn Guinness World Records - Los Angeles Times
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USA Today | Apple App Store, iPhone 4, Angry Birds earn Guinness World Records Los Angeles Times Angry Birds was recognized at the top paid-for App Store game in most countries, having sold more than 6.5 million downloads of the iOS version of the game since it was first released in December 2009. Plants vs. Zombies, "with more than 300000 paid ... GUINNESS WORLD RECORDS® 2011 GAMER'S EDITION REVEALS TOP iPHONE AND APP STORE ... |
Wednesday, May 11, 2011
O'Brien: Rationalizations can't hide flaws of Microsoft-Skype deal - San Jose Mercury News
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Reuters | O'Brien: Rationalizations can't hide flaws of Microsoft-Skype deal San Jose Mercury News By Chris O'Brien Exterior view of Skype offices in Palo Alto, Calif., after a news conference Tuesday, May 10, 2011 to announce Microsoft's acquisition of Skype. (AP Photo/Paul Sakuma) In announcing Microsoft's most expensive deal ever, ... Problems in Microsoft, Skype Deal |
Monday, May 9, 2011
Mass. Doctors Not Seeing New Patients, Wait Times Lengthening - WBUR
http://sunriseestatesnews.com/index_pageId_calendar_action_submit_php.html
Mass. Doctors Not Seeing New Patients, Wait Times Lengthening WBUR By WBUR News & Wire Services BOSTON â€" If you thought the wait time to see a doctor was getting longer, you're right. The latest survey from the Massachusetts Medical Society shows that finding an appointment in six of seven specialties is either ... Many docs don't care for state in$urance In Massachusetts, long waits for doctor visits common Delays logged in doctor access |
Friday, May 6, 2011
Jury awards Centocor $1.7B in patent case against Abbott - Orlando Business Journal:
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An Abbott spokesman said the companywill Horsham, Pa.-based Centocor, a division of makes the blockbuster rheumatoid arthritis treatment and had sued Abbott over Abbott’s arthritid drug, Humira. Both are so-called anti-TNF arthritisd treatments. Horsham, Pa.-based Centocor said it is the exclusiv e licensee ofthe patent, which is co-owneds by . Centocor Presidenf Kim Taylor said “thed jury recognized our valuableintellectual property, findintg our patent both valid and We will continue to assert intellectual property rights for our immunology therapies, as they offer significant advances in treatmentt for patients with a number of immune mediated inflammator diseases.
” Abbott spokesman Scott E. Stoffe said, “We are disappointed in this and we are confident in the meritse of our case and that we will prevailon “The evidence clearly established that Humira was the first of its fully-human anti-TNF antibody medicine,” Stoffel said. “JNJ’s anti-TN antibody medication, Remicade, is partially made from mousew DNA. JNJ did not launcn a fully-human product until April 2009. In only when Humira was nearing its approval in 2002 did JNJ amendf the patent at issue in this litigation to claim that it haddiscovered fully-humaj antibodies in 1994.
JNJ acknowledgedx at trial that it did not startg working ona fully-human antibody until 1997 two years after Abbott discovered Humira and one year after Abbottt filed its patent applications for
An Abbott spokesman said the companywill Horsham, Pa.-based Centocor, a division of makes the blockbuster rheumatoid arthritis treatment and had sued Abbott over Abbott’s arthritid drug, Humira. Both are so-called anti-TNF arthritisd treatments. Horsham, Pa.-based Centocor said it is the exclusiv e licensee ofthe patent, which is co-owneds by . Centocor Presidenf Kim Taylor said “thed jury recognized our valuableintellectual property, findintg our patent both valid and We will continue to assert intellectual property rights for our immunology therapies, as they offer significant advances in treatmentt for patients with a number of immune mediated inflammator diseases.
” Abbott spokesman Scott E. Stoffe said, “We are disappointed in this and we are confident in the meritse of our case and that we will prevailon “The evidence clearly established that Humira was the first of its fully-human anti-TNF antibody medicine,” Stoffel said. “JNJ’s anti-TN antibody medication, Remicade, is partially made from mousew DNA. JNJ did not launcn a fully-human product until April 2009. In only when Humira was nearing its approval in 2002 did JNJ amendf the patent at issue in this litigation to claim that it haddiscovered fully-humaj antibodies in 1994.
JNJ acknowledgedx at trial that it did not startg working ona fully-human antibody until 1997 two years after Abbott discovered Humira and one year after Abbottt filed its patent applications for
Wednesday, May 4, 2011
Huntington prices stock offering - Dayton Business Journal:
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Columbus-based Huntington said it pricede an offering of 90 million sharesat $3.60 a which would raise $324 million. The bank took orderzs for the stock Wednesday and expects to finisgh allocating shares to investorsw byJune 9, said Jay Gould, who leads Huntington’s investord relations. Huntington announced the originally set foronly $300 million, on Wednesday aftef suspending a program launched in late May that resulted in the sale of $76 millionb in stock. Under the new underwriters havea 30-day option to buy up 13.5 millionj more shares, which wouldd raise $48.6 million.
If underwriters take the over-allotmenyt option, that will bring the capital raised from the suspendexd program and new offering to a combined $448.6 million. The stock sale is part of a largerd Huntington plan to build a cushion against a deeperd economic downturn and eventuallyyrepay $1.4 billion in government bailout The bank is looking to sell $75 millionh in preferred securities and to generates $250 million from balance sheet adjustments and the adoption of new accounting standards. Huntington (NASDAQ:HBAN) last monthj sold $120 million of stock and said it expect s most ofthe capital-raising actions to wrap up beford June 30.
CEO Stephen Steinour said in a releasew Thursday thatthe higher-than-expected proceeds from the stocjk sale “reflects well on the increasing investor confidence we sensse in the marketplace regarding Huntington’s future prospects.” “Thd depth of interest reflected both existinf shareholders wanting to increase theie ownership, as well as indications of interest by a number of high-quality, long-term-oriente investors,” Steinour said.
Columbus-based Huntington said it pricede an offering of 90 million sharesat $3.60 a which would raise $324 million. The bank took orderzs for the stock Wednesday and expects to finisgh allocating shares to investorsw byJune 9, said Jay Gould, who leads Huntington’s investord relations. Huntington announced the originally set foronly $300 million, on Wednesday aftef suspending a program launched in late May that resulted in the sale of $76 millionb in stock. Under the new underwriters havea 30-day option to buy up 13.5 millionj more shares, which wouldd raise $48.6 million.
If underwriters take the over-allotmenyt option, that will bring the capital raised from the suspendexd program and new offering to a combined $448.6 million. The stock sale is part of a largerd Huntington plan to build a cushion against a deeperd economic downturn and eventuallyyrepay $1.4 billion in government bailout The bank is looking to sell $75 millionh in preferred securities and to generates $250 million from balance sheet adjustments and the adoption of new accounting standards. Huntington (NASDAQ:HBAN) last monthj sold $120 million of stock and said it expect s most ofthe capital-raising actions to wrap up beford June 30.
CEO Stephen Steinour said in a releasew Thursday thatthe higher-than-expected proceeds from the stocjk sale “reflects well on the increasing investor confidence we sensse in the marketplace regarding Huntington’s future prospects.” “Thd depth of interest reflected both existinf shareholders wanting to increase theie ownership, as well as indications of interest by a number of high-quality, long-term-oriente investors,” Steinour said.
Monday, May 2, 2011
Gaddafi's tanks pound rebel city - Herald Sun
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Reuters | Gaddafi's tanks pound rebel city Herald Sun At least four or five tanks, which had been concealed at the government-held airport to avoid NATO air strikes, were engaged in the offensive, a rebel official said. The last major rebel bastion in western Libya, Misrata is surrounded by pro-Gaddafi ... Gaddafi tanks pound Libya siege city Gaddafi tanks keep shelling Misratah Libya regime tanks assault Misrata amid airport battle |
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