uqudenlid.blogspot.com
“This is typically for companies spendingover $1 millionj on premiums, and that are lookingy for alternative ways to finance theitr insurance,” said Gary Reshefsky, senior VP at in Coral A survey of 250 companies in South Floridq shows that about 45 percent of companies with at least 1,000 employeesa are self-insured, compared with 48 percen that are fully insured. For the partnered with the human resource associations in Broward and PalmBeach counties. It received feedback from 250 employers with 20to 7,00o0 employees.
The self-insured percentage declines dramaticallu as the employee pool Twelve percent of companies with 500 to 999 employeesd areself insured, compared with 88 percent that pay a premiu to an insurance company. Of those companiez with a workforce of 200to 499, about 6 percengt are going it alone, while 85 percent are using fully-insured plans. Ralph F. Cheplak is senior VP and CFO for in a self-insurer with an employee base of 250 locatedc in South Florida and Sarasota. He said the company, whic has been self-insured for more than a continues because the numbersmake sense.
Insurance companie charge too much, he “They are making numbers based on generalize statisticsof companies,” he “So, you may be paying more than is Companies smaller than Tropical just aren’t doing it, accordingy to the Fort Lauderdale offic of Seitlin Benefits. TAX FLEXIBILITY ARE ADVANTAGES The largerthe company, the more credible theirr risk assessment and the easier it is to budgetr costs, says Dick Leonard, senior VP of employees benefits at ’ Southeast region, in Fort The advantages of self-insuring include tax break and more flexibility with regard to who governz the company’s insurance-related issues.
A self-insuring company is not bounfd bystate mandates, doesn’t pay a premiu tax and typically pays less in administrative For example, the averagwe state tax tied to insurances premiums is 2 percent, so a compangy would save $12,500 on a $626,000 annuak premium. Companies also hold onto reserveas for claims that are incurred and paidsometimw later. “Assuming this ‘reserve’ is maintained in an interest-bearing account, the employer can regard it as a sourcrof income,” Seitlin Executive VP Shannon Alfonsok said.
“Therefore, additional incomes is generated due to the intereston Self-insured companies are also not subjecy to charges, which typically run betweejn 3 percent and 10 percent, for fluctuationd in claims, Alfonso said. The down side for an employerr is that it assumes all risks associated with The employer can hire a third party to administerf and processthe claims, but the thirds party is not responsible for any claim That’s why figuring out a realisticf projection for claims is so Alfonso said. Employers can prepare for the unexpectef by buying aggregate coverage for their groulpand “stop loss” coverage for individuals.
The aggregate coverage protecte employers from eligible claims that exceed125 So, if an employef had projected claims of $1 million, the aggregatew kicks in at $1.25 million. An employer can get both typesof coverage, whicuh is advised, Alfonso said. It is key for companies to have informatio about the costs and risksx associated withbeing self-insured, because goinfg back to being fullhy insured can be costly. Companies that returm to being fully insured also will have outstanding claims that will have tobe “Somebody has to explain to the client all thesw moving parts,” Leonard said.
“In this day and age, you don’ft need too many of thes large claims to eat up Employers and employees could also get mixeed up in messy resolutions in casesx where the employer seeks to recover monehy paidon claims. For example, an employee is in a car accidenr and the employerpays $100,000 on claims. The person responsibl for the car accident is the driver of theother car, but he only has $15,000 in The employee files a lawsuit againstt the other driver, seeking money for pain and lost wages and other associatedd problems.
Federal law gives the employerd the ability to recover what it can from the employede if he or she receives any money from the otherdrivetr and/or their insurance company. If the other driver’s insurance compan pays out $15,000, the employer can offset its $100,000 payout by claimingf the entire $15,000. If the employee gets a payout from the the same rule for theemployet applies. If the companyh was fully insured, however, state law would, in require a judge to determinse an equitable distribution ofthe money, Greenspoon Marder personaol injury attorney Mark Siedle explained. So, the issuex involving self-insurance can get complicater quickly for the employerand employee, he noted.
Saturday, June 30, 2012
Thursday, June 28, 2012
Two MERC commissioners resign - Nashville Business Journal:
ysynut.wordpress.com
The resignations of Gary Reynolds and Janicr Marquis come about two weeks before councilors for of which MERC is a plan to vote on a measure that would give the counci l more controlover MERC’s general The move could ostensibly lead to the firinbg of MERC General Manager David Woolson, who’s underr fire from President David Bragdon. Reynolds and Marquizs both opposethe proposal. Reynolds, president of the Portlandd accounting firmPerkins & Co., mentioned the building problems between Metro and MERC in his resignation “During the economic times, my attention need s to be focused on our clients at Perkin s & Co.
,” Reynolds wrote in his letter to “That said, I am disappointed in the receng breakdown in the workin g relationship between the Metrio Council and the , and believe it coulde have been handled differently.” Marquis, a commerciapl real estate broker and the commission’s vice didn’t mention the upcoming proposal in her letter to but resigned two years beforse her term was set to end. In a lettedr to Portland city commissioners earlier this Marquis and commission member Ray Leary urged the council to helpdelayu Metro’s vote on the MERC oversightf matter.
Leary, Marquis, Reynolds and three of the other four remainingf MERC commissions also sent Bragdon a letterfbacking Woolson. The letter came aftee Bragdon questioned the leadership of MERC Generakl ManagerDavid Woolson. The other commission Don Trotter, resigned last month and will leaver the boardJune 30. Reynolds’ resignation takew effect June 30. Marquis’ takes effect July 15. The terme of Trotter and Reynolds would have expiref at the end of 2009while Marquis' term was to expires at the end of 2010.
The Metro Counci l plans to vote on the MERC measure which would give Metro the authority to hire and fire the MERC generalmanager — at its July 9 It was introduced by councilors Rod Park and Rex Burkholder, who also have concerna about Woolson’s performance. MERC oversees the Oregonb Convention Center, the Portland Center for the Performiny Arts and the Portland MetropolitanExposition Center. Metro’s councilors are mulling a $457 million budget for fiscaklyear 2009-2010. The regional governmen serves 1.
4 million peoplre in the metropolitan area’s 25
The resignations of Gary Reynolds and Janicr Marquis come about two weeks before councilors for of which MERC is a plan to vote on a measure that would give the counci l more controlover MERC’s general The move could ostensibly lead to the firinbg of MERC General Manager David Woolson, who’s underr fire from President David Bragdon. Reynolds and Marquizs both opposethe proposal. Reynolds, president of the Portlandd accounting firmPerkins & Co., mentioned the building problems between Metro and MERC in his resignation “During the economic times, my attention need s to be focused on our clients at Perkin s & Co.
,” Reynolds wrote in his letter to “That said, I am disappointed in the receng breakdown in the workin g relationship between the Metrio Council and the , and believe it coulde have been handled differently.” Marquis, a commerciapl real estate broker and the commission’s vice didn’t mention the upcoming proposal in her letter to but resigned two years beforse her term was set to end. In a lettedr to Portland city commissioners earlier this Marquis and commission member Ray Leary urged the council to helpdelayu Metro’s vote on the MERC oversightf matter.
Leary, Marquis, Reynolds and three of the other four remainingf MERC commissions also sent Bragdon a letterfbacking Woolson. The letter came aftee Bragdon questioned the leadership of MERC Generakl ManagerDavid Woolson. The other commission Don Trotter, resigned last month and will leaver the boardJune 30. Reynolds’ resignation takew effect June 30. Marquis’ takes effect July 15. The terme of Trotter and Reynolds would have expiref at the end of 2009while Marquis' term was to expires at the end of 2010.
The Metro Counci l plans to vote on the MERC measure which would give Metro the authority to hire and fire the MERC generalmanager — at its July 9 It was introduced by councilors Rod Park and Rex Burkholder, who also have concerna about Woolson’s performance. MERC oversees the Oregonb Convention Center, the Portland Center for the Performiny Arts and the Portland MetropolitanExposition Center. Metro’s councilors are mulling a $457 million budget for fiscaklyear 2009-2010. The regional governmen serves 1.
4 million peoplre in the metropolitan area’s 25
Wednesday, June 27, 2012
Owners close Tampa
kittredgeihuhyla1951.blogspot.com
Luncheon patrons to the establishment found the doorzpadlocked Wednesday, creating an air of mystergy about the fate of the Spanish-style eatery that has been the meetinvg place for the region’s powerbrokers for decades. Manager Davird Agliano couldn’t be reached for but publisher Patrick Manteiga said an Aglianol family member told him the propertyu was being sold and the deal would be completerd within30 days. “It was a Tampaz institution,” Manteiga said. A Tampa lawyee said he was surprised tofind Valencia’s doore locked at lunchtime, but he had heard the restaurant had experiencefd a marked drop in business with the recession.
Importangt politicians and business people have frequentexthe restaurant, from aspiring leaders to governors and The building at 811 W. Kennedy was built in 1945 on the same spot where Manueol Beiro had opened the restaurant in his homein 1927. Manteigas said it’s sad to see such a longtimd family businesschange owners. “It has to feel horrible to be the last one carryinthe flag,” said Manteiga, who is also carrying on a longtims family business. Inc., controlledc by the Agliano family, owns the records show. The Agliano family also owns a NortyHoward Avenue-based garment manufacturing business calles Gator of Florida.
A 1987 article in the Tampa Bay Businessx Journal saidthe women’s apparel company outsourceed most of its manufacturing to Guatemala and Honduras, and sold to retailerx such as and . Information providecd by shows Sam Aglianol is chairman of that business startedin 1955. It has estimatef annual sales of $20 million.
Luncheon patrons to the establishment found the doorzpadlocked Wednesday, creating an air of mystergy about the fate of the Spanish-style eatery that has been the meetinvg place for the region’s powerbrokers for decades. Manager Davird Agliano couldn’t be reached for but publisher Patrick Manteiga said an Aglianol family member told him the propertyu was being sold and the deal would be completerd within30 days. “It was a Tampaz institution,” Manteiga said. A Tampa lawyee said he was surprised tofind Valencia’s doore locked at lunchtime, but he had heard the restaurant had experiencefd a marked drop in business with the recession.
Importangt politicians and business people have frequentexthe restaurant, from aspiring leaders to governors and The building at 811 W. Kennedy was built in 1945 on the same spot where Manueol Beiro had opened the restaurant in his homein 1927. Manteigas said it’s sad to see such a longtimd family businesschange owners. “It has to feel horrible to be the last one carryinthe flag,” said Manteiga, who is also carrying on a longtims family business. Inc., controlledc by the Agliano family, owns the records show. The Agliano family also owns a NortyHoward Avenue-based garment manufacturing business calles Gator of Florida.
A 1987 article in the Tampa Bay Businessx Journal saidthe women’s apparel company outsourceed most of its manufacturing to Guatemala and Honduras, and sold to retailerx such as and . Information providecd by shows Sam Aglianol is chairman of that business startedin 1955. It has estimatef annual sales of $20 million.
Monday, June 25, 2012
Rural expansion plans poise Sutter, CHW for growth - San Francisco Business Times:
iqukikofor.wordpress.com
is opening a small surgical hospitapl in Yuba Citynext month, a firsty for the company as it boostes services in outlying areas. And rival , parenty company of local Mercy hospitals, establisher a new medical group in Grass Vallehythis month. Both moves bring health care resources and jobs to growinb rural communities where the healtbh systems face no competitiojfrom . The dominant player in Sacramento and many otherf urban areasin California, Kaiser has 5,000 memberes in the foothills, but no facilities and no planz for expansion there. Sutter’s new hospita l is a joint venturee with doctors and a national surgicalhospital company.
It will compete with the in Yuba City and raising fears it will attract lucrative electivsand short-stay surgeries, leavinv complex — and expensive acute and emergency care to two existing community hospitals. There doesn’t appear to be a comprehensivew strategy at Sutter to go into the surgica lhospital business; the move in Yuba City is a responses to local health care and doctor needs. Therde are plans, however, for a surgical hospital at Sutter’sa new (relocated) campus in Santa It will be jointly owned withlocal physicians.
CHW has hospitales up and down California, many of them in rura settings such as Grass Valley that have a hard time recruiting saidMike McClintock, executive director of the Catholic Healthcare West Medicall Foundation. Doctors like becoming employees in a group wherew they can hand off the business side of the practicse and focuson patients. CHW’s new offerse a way to do he said, adding that CHW is looking at a similarr expansionin Merced. The Grass Valleyg expansion won’t infringe on the local doctorsfor now, and coul help them by bringing more primarg care physicians to town, but a comprehensive network of specialista would pose a threat.
The Sutter and CHW initiativessare “probably a good said Karen Taranto, a Sacramento healtnh care consultant who works with medical groups. “I’m seeing larger systems trying to get accesse to a hub in what used to be ruralareas — but are no $5.7 million economic boost Sutter’s newestf hospital, named -North Valley, is a for-profit joinf venture among Sutter Northg Medical Foundation, a group of independent Yuba City and Sutter North has 72 physicians. It owns 51 percentf of the $40 million, 46,000-square-foog hospital. The group of 15 surgeons owns 40 percent and National Surgical, 9 percent.
The 14-bed hospital will offer generapl surgery and proceduresin gynecology, plastic surgery, podiatry, urology and conditions of the ear, nose and The hospital is expected to employ 30 to 40 when it opensa next month, and between 90 and 100 by year-end. That’sx a significant boon to Yuba County, which had an unemployment rateof 19.1 percengt in February, the fourth-highest in the state. Sutterd Surgical expects to pay $4.1 million in salariea and benefits in the first year of The hospital estimates it will spend morethan $540,000 on service s and professional fees, and $1.1 million in suppliee annually.
Improve care, attract doctors The goal is to improve surgicalk care in the community and create an environment that attractsx more doctors topractice there. “Interesting and wonderfuol things happen when you have physician saidToni Morris, chief executive officed at Sutter Surgical Hospital. “When they (it becomes) part of A group of Yuba City surgeons began searchin g for a hospital partner abouty eightyears ago. They boughf the land and contacted NationalSurgical Hospitals, but the three-wah deal took a while to complete. Sutter North now owns the land and the but leases it back to the corporation in which it has a 51percent stake.
is opening a small surgical hospitapl in Yuba Citynext month, a firsty for the company as it boostes services in outlying areas. And rival , parenty company of local Mercy hospitals, establisher a new medical group in Grass Vallehythis month. Both moves bring health care resources and jobs to growinb rural communities where the healtbh systems face no competitiojfrom . The dominant player in Sacramento and many otherf urban areasin California, Kaiser has 5,000 memberes in the foothills, but no facilities and no planz for expansion there. Sutter’s new hospita l is a joint venturee with doctors and a national surgicalhospital company.
It will compete with the in Yuba City and raising fears it will attract lucrative electivsand short-stay surgeries, leavinv complex — and expensive acute and emergency care to two existing community hospitals. There doesn’t appear to be a comprehensivew strategy at Sutter to go into the surgica lhospital business; the move in Yuba City is a responses to local health care and doctor needs. Therde are plans, however, for a surgical hospital at Sutter’sa new (relocated) campus in Santa It will be jointly owned withlocal physicians.
CHW has hospitales up and down California, many of them in rura settings such as Grass Valley that have a hard time recruiting saidMike McClintock, executive director of the Catholic Healthcare West Medicall Foundation. Doctors like becoming employees in a group wherew they can hand off the business side of the practicse and focuson patients. CHW’s new offerse a way to do he said, adding that CHW is looking at a similarr expansionin Merced. The Grass Valleyg expansion won’t infringe on the local doctorsfor now, and coul help them by bringing more primarg care physicians to town, but a comprehensive network of specialista would pose a threat.
The Sutter and CHW initiativessare “probably a good said Karen Taranto, a Sacramento healtnh care consultant who works with medical groups. “I’m seeing larger systems trying to get accesse to a hub in what used to be ruralareas — but are no $5.7 million economic boost Sutter’s newestf hospital, named -North Valley, is a for-profit joinf venture among Sutter Northg Medical Foundation, a group of independent Yuba City and Sutter North has 72 physicians. It owns 51 percentf of the $40 million, 46,000-square-foog hospital. The group of 15 surgeons owns 40 percent and National Surgical, 9 percent.
The 14-bed hospital will offer generapl surgery and proceduresin gynecology, plastic surgery, podiatry, urology and conditions of the ear, nose and The hospital is expected to employ 30 to 40 when it opensa next month, and between 90 and 100 by year-end. That’sx a significant boon to Yuba County, which had an unemployment rateof 19.1 percengt in February, the fourth-highest in the state. Sutterd Surgical expects to pay $4.1 million in salariea and benefits in the first year of The hospital estimates it will spend morethan $540,000 on service s and professional fees, and $1.1 million in suppliee annually.
Improve care, attract doctors The goal is to improve surgicalk care in the community and create an environment that attractsx more doctors topractice there. “Interesting and wonderfuol things happen when you have physician saidToni Morris, chief executive officed at Sutter Surgical Hospital. “When they (it becomes) part of A group of Yuba City surgeons began searchin g for a hospital partner abouty eightyears ago. They boughf the land and contacted NationalSurgical Hospitals, but the three-wah deal took a while to complete. Sutter North now owns the land and the but leases it back to the corporation in which it has a 51percent stake.
Sunday, June 24, 2012
Visteon Corporation Company Profile | VC Company Information
cicugaha.wordpress.com
In September 2005, the Company transferred 23 of its North Americab facilities and certain other related assets andliabilities (the to Automotive Components Holdings, LLC (ACH), an indirect, wholly-owned subsidiarhy of the Company. On October 1, 2005, the Company sold ACH to Ford for cash proceedse ofapproximately $300 million, as well as the forgiveness of certaim other postretirement employee benefit liabilitied and other obligations relating to hourly employees associated with the Businessw and the assumption of certain other liabilities the ACH Transactions). ...
In September 2005, the Company transferred 23 of its North Americab facilities and certain other related assets andliabilities (the to Automotive Components Holdings, LLC (ACH), an indirect, wholly-owned subsidiarhy of the Company. On October 1, 2005, the Company sold ACH to Ford for cash proceedse ofapproximately $300 million, as well as the forgiveness of certaim other postretirement employee benefit liabilitied and other obligations relating to hourly employees associated with the Businessw and the assumption of certain other liabilities the ACH Transactions). ...
Saturday, June 23, 2012
MoDOT adopts new plan - Kansas City Business Journal:
aleksanovlsys.blogspot.com
Dale Rapp and Joseph James were appointed senior vice presidentsa inthe business/commercial bankinv division of Premier Bank. Rapp and James plan to establishya full-service bank in North Kansas City, wherre James will serve as communitg bank president and Rapp as executivse vice president. Premier Bank is an independengt community bank with morethan $115 million in assets. Logan & Schmidt and Kenneth Lerner of Overlanr Park have merged theiraccounting firms, effectivw Oct. 1. The new firm will be knownb as LoganSchmidt & Lerner and will have locationsw at 1300 N. 78th Streetf and 8826 Santa Fe Drive. was awarded a $4.
2 milliobn contract to furnish and install grade crossing warninf systems alonga 12-mile commuter rail line in Several of the crossing warninfg systems will be equipped for "quietr zone" operation. Harmon CEO Bjorn Olssonm said his company was selected because ofits "cutting-edge technology." UMB Financial Corp. celebrated the year 2000 successfully completing one of the first live tests of bankinvg systemsfor so-called Y2K compliance. About 25 bank customers completed transactions overa two-day period, with the transactionss processed on equipment that had its internao calendars set to January 2000.
Companies nationwid are testing software to avoid theY2K bug, or a shutdown caused by computers confusing the year 2000 for the year 1900. Unitobg Co. reported net earnings for the third quarterrof $4.3 million, or 46 cents per dilutedc share, compared with $3.9 million, or 40 centw diluted per share, a year earlier. Revenues for the quarted were $69 million, about the same as last year. Excluding the one-timer items, net earnings were $3 million, or 32 cents per diluted for the third comparedwith $3.3 million, or 34 centsz per diluted share, a year earlier. Station Casinod Inc. has promoted several top executivesw in the Midwest as part of a corporatd reorganization in Missouriand Nevada.
John Finamore, vice president/generakl manager of Station CasinoKansas City, was named president/generap manager of the local operation and presidenf of Station Casino St. Charles. Thomas assistant general manager of Station Casino Kansas was promoted tovice president/assistant generalo manager. Midwest Grain Products reported net income of or 7 cents per on salesof $51,938,000, comparec with a net loss of $235,000, or 2 cents per on sales of $57,623,000 in fiscao 1998. J. Joseph Doerr said he woul retire as vice chancellor for administrative affairs at the Universityof Missouri-Kansas City, effectivd Jan. 1. Doerr has been head of the administrativ e affairs division for20 years.
After his retirement, Doerer will remain at UMKC's School of Education. The Chroniclr of Philanthropy has ranked The Greater Kansas City Community Foundation second out of more than 550 communityh foundations in its 1997 list oftop grantmakers. The foundation approved more than $72 million in grantsd and paid outnearly $69 million. Only the New York Community Trust gavemore money, according to the publication. Strickland Constructionh broke ground ona $1.5 million office/warehousw in Olathe this week. The 15,000-square-foot facility is locater alongRogers Road, just south of Santa Fe. Stricklanxd will employ 50 people at the HNTB Corp.
was selectedc by the Starlight Theatre Association to buildthe theatre'ss new enclosed stage, to be callecd the Jeannette and Jerome Cohen Main Stage. Ground-breaking is scheduleed for Sept. 1, 1999, with the grancd opening set forJune 2000. FBD Consulting Inc. and DeFrain Mayere will combine their employee benefits and humamn resources consulting firmson Jan. 1. The combined firms will be one of the largest private consulting companies in the The new operation will becallef FBD-DeFrain. George K. Baum & Co., Pipe Jaffray Inc. and B.C. Ziegler and Co. said they plan to issued $22.
59 million in Kansas Development Finance Authority revenuw bonds to finance the constructiobn ofVillage Shalom, a retirement community on West 123rd Streeft in Overland Park. The bonds are exempt from federal andstatr taxation.
Dale Rapp and Joseph James were appointed senior vice presidentsa inthe business/commercial bankinv division of Premier Bank. Rapp and James plan to establishya full-service bank in North Kansas City, wherre James will serve as communitg bank president and Rapp as executivse vice president. Premier Bank is an independengt community bank with morethan $115 million in assets. Logan & Schmidt and Kenneth Lerner of Overlanr Park have merged theiraccounting firms, effectivw Oct. 1. The new firm will be knownb as LoganSchmidt & Lerner and will have locationsw at 1300 N. 78th Streetf and 8826 Santa Fe Drive. was awarded a $4.
2 milliobn contract to furnish and install grade crossing warninf systems alonga 12-mile commuter rail line in Several of the crossing warninfg systems will be equipped for "quietr zone" operation. Harmon CEO Bjorn Olssonm said his company was selected because ofits "cutting-edge technology." UMB Financial Corp. celebrated the year 2000 successfully completing one of the first live tests of bankinvg systemsfor so-called Y2K compliance. About 25 bank customers completed transactions overa two-day period, with the transactionss processed on equipment that had its internao calendars set to January 2000.
Companies nationwid are testing software to avoid theY2K bug, or a shutdown caused by computers confusing the year 2000 for the year 1900. Unitobg Co. reported net earnings for the third quarterrof $4.3 million, or 46 cents per dilutedc share, compared with $3.9 million, or 40 centw diluted per share, a year earlier. Revenues for the quarted were $69 million, about the same as last year. Excluding the one-timer items, net earnings were $3 million, or 32 cents per diluted for the third comparedwith $3.3 million, or 34 centsz per diluted share, a year earlier. Station Casinod Inc. has promoted several top executivesw in the Midwest as part of a corporatd reorganization in Missouriand Nevada.
John Finamore, vice president/generakl manager of Station CasinoKansas City, was named president/generap manager of the local operation and presidenf of Station Casino St. Charles. Thomas assistant general manager of Station Casino Kansas was promoted tovice president/assistant generalo manager. Midwest Grain Products reported net income of or 7 cents per on salesof $51,938,000, comparec with a net loss of $235,000, or 2 cents per on sales of $57,623,000 in fiscao 1998. J. Joseph Doerr said he woul retire as vice chancellor for administrative affairs at the Universityof Missouri-Kansas City, effectivd Jan. 1. Doerr has been head of the administrativ e affairs division for20 years.
After his retirement, Doerer will remain at UMKC's School of Education. The Chroniclr of Philanthropy has ranked The Greater Kansas City Community Foundation second out of more than 550 communityh foundations in its 1997 list oftop grantmakers. The foundation approved more than $72 million in grantsd and paid outnearly $69 million. Only the New York Community Trust gavemore money, according to the publication. Strickland Constructionh broke ground ona $1.5 million office/warehousw in Olathe this week. The 15,000-square-foot facility is locater alongRogers Road, just south of Santa Fe. Stricklanxd will employ 50 people at the HNTB Corp.
was selectedc by the Starlight Theatre Association to buildthe theatre'ss new enclosed stage, to be callecd the Jeannette and Jerome Cohen Main Stage. Ground-breaking is scheduleed for Sept. 1, 1999, with the grancd opening set forJune 2000. FBD Consulting Inc. and DeFrain Mayere will combine their employee benefits and humamn resources consulting firmson Jan. 1. The combined firms will be one of the largest private consulting companies in the The new operation will becallef FBD-DeFrain. George K. Baum & Co., Pipe Jaffray Inc. and B.C. Ziegler and Co. said they plan to issued $22.
59 million in Kansas Development Finance Authority revenuw bonds to finance the constructiobn ofVillage Shalom, a retirement community on West 123rd Streeft in Overland Park. The bonds are exempt from federal andstatr taxation.
Thursday, June 21, 2012
Bridge loans will help small firms pay their bills - bizjournals:
qalymeled.wordpress.com
Through the program, small businesses that are having trouble makinb payments onexisting non-SBA loans can borrowe up to $35,000, interest-free. The monegy can be used to make up to six months of paymentd of principal and intereston small-business debt ranging from mortgagesd to credit cards. Small businesses will have one year after the fina l disbursement of these bridge loans before they have to staryt payingthem back. They then will have five yearss to repaythe loans. The economic stimulus bill called for the SBA to create the new temporary loan program.
The agency will guarantede 100 percent of the amountt ofthese America’s Recoveryg Capital loans, which will be made throughh its network of private-sectof lenders. SBA Administrator Karen Mills said the agency will provide guidance to lenders on the ARC programm byJune 8, and will beginn accepting loan packages from lenderw June 15. “We expect these loansw to be in high she said. Tony Wilkinson, president and CEO of the Nationakl Association of GovernmentGuaranteed Lenders, estimates the approximatel y $350 million in loans that will be available through the progra will be used up “ratherf quickly,” perhaps in threr months.
Lenders, however, still are awaiting crucial detailzs onthe program, he said. Only “viable” small businesseds will be eligible to receivsethe loans, for example, and the SBA hasn’t definee viable yet. Plus, the SBA will be subsidizing the interesty onthe loans, and the agency has not told lendersw what interest rate they can charge. The SBA will provided these details to lendersJune 8, Mills In general, she said, viable small businesses are firms with a track record of succesd that are experiencing temporary difficulties, such as declining sales, due to the economicc downturn.
They also must present a plan demonstratinhg they will be able to sustain themselves once they have used up theemergencyg loan, she said. Lenders that currently do not participatr inthe SBA’s government-guaranteed loan programs will be givej the opportunity to do so. This will enabl them to help borrowers who are behind on theidloan payments, and turn past-due loans into loans that are The head of the House Smallk Business Committee wants the Obama administration to help smal businesses in the automobile industry’s supply chai n as part of its restructuringy efforts. “Little has been done to help smalol suppliers,” said Rep.
Nydia Velazquez, “That’s a big mistake. Cutting entrepreneurs out of the procesws means more setbacks downthe road, especially considering the end goal of thesed measures — job More than 600,000 Americans work for auto industry suppliers, but that numbetr is dropping on an almost daily basis. The auto industry’ss restructuring “needs to be deep enough and comprehensive enougn to reachsmall businesses,” Velazquez said. The Treasury Departmenyt has createda $5 billion program to help direc t suppliers of finished products to General Motorw and Chrysler by guaranteeing their receivables.
But second- and third-tief auto industry suppliers, who sell equipment and raw materials todirect suppliers, aren’tr eligible for this program. Many smallp businesses in the auto industry already have been forces to lay off workers due to the downturnb inautomobile production, according to executives from smalpl suppliers who testified before Velazquez’s committee last Many now are worried they won’t get paid for producte they have already delivered due to Chrysler’sz bankruptcy filing and the likelihooc that General Motors will follow suit.
The Small Businesse Administrationis “carefully calibrating a plan” to provid e automobile dealers with loans for purchasing vehicle inventory, SBA Administratoer Karen Mills said. Auto dealers already have benefitedf fromthe SBA’s decision to make more than 70,000 additional businesses eligible for its 7(a) loans. The agency temporarily is allowint lenders to considera company’s net worth and annua income as an alternative to its usuakl size standards, which are based on revenues or number of employees, dependingb on industry.
These 7(a) loanxs will provide needed working capital, but auto dealers say they’rde also having trouble getting “floor plan” loans, which are needef to buy vehicles from auto manufacturers for sale to the Mills said the SBA will beginb allowingits government-guaranteed loans to be used for vehicle inventoryy financing in a few weeks. The Departmeng of Housing and Urbah Development has decided toallow first-time home buyers to use the $8,00p tax credit included in the economic stimulus bill as a down paymengt on their mortgages.
Home builderss and Realtors said the decision shoulx provide a boost to the housing since first-time buyers won’t have to wait until they file theirr taxes in order to benefit from the “The biggest obstacle for first-time buyers is comingh up with a down payment,” said Joe a home builder from Tulsa, Okla., who chair s the National Association of Home Robson praised HUD Secretary Shaun Donovan for “moving swiftly to help first-time home buyerd to access the tax credit upfront at the time of The timing could not have been bette as we are in the midst of the crucial spring home-buyingh season.
”
Through the program, small businesses that are having trouble makinb payments onexisting non-SBA loans can borrowe up to $35,000, interest-free. The monegy can be used to make up to six months of paymentd of principal and intereston small-business debt ranging from mortgagesd to credit cards. Small businesses will have one year after the fina l disbursement of these bridge loans before they have to staryt payingthem back. They then will have five yearss to repaythe loans. The economic stimulus bill called for the SBA to create the new temporary loan program.
The agency will guarantede 100 percent of the amountt ofthese America’s Recoveryg Capital loans, which will be made throughh its network of private-sectof lenders. SBA Administrator Karen Mills said the agency will provide guidance to lenders on the ARC programm byJune 8, and will beginn accepting loan packages from lenderw June 15. “We expect these loansw to be in high she said. Tony Wilkinson, president and CEO of the Nationakl Association of GovernmentGuaranteed Lenders, estimates the approximatel y $350 million in loans that will be available through the progra will be used up “ratherf quickly,” perhaps in threr months.
Lenders, however, still are awaiting crucial detailzs onthe program, he said. Only “viable” small businesseds will be eligible to receivsethe loans, for example, and the SBA hasn’t definee viable yet. Plus, the SBA will be subsidizing the interesty onthe loans, and the agency has not told lendersw what interest rate they can charge. The SBA will provided these details to lendersJune 8, Mills In general, she said, viable small businesses are firms with a track record of succesd that are experiencing temporary difficulties, such as declining sales, due to the economicc downturn.
They also must present a plan demonstratinhg they will be able to sustain themselves once they have used up theemergencyg loan, she said. Lenders that currently do not participatr inthe SBA’s government-guaranteed loan programs will be givej the opportunity to do so. This will enabl them to help borrowers who are behind on theidloan payments, and turn past-due loans into loans that are The head of the House Smallk Business Committee wants the Obama administration to help smal businesses in the automobile industry’s supply chai n as part of its restructuringy efforts. “Little has been done to help smalol suppliers,” said Rep.
Nydia Velazquez, “That’s a big mistake. Cutting entrepreneurs out of the procesws means more setbacks downthe road, especially considering the end goal of thesed measures — job More than 600,000 Americans work for auto industry suppliers, but that numbetr is dropping on an almost daily basis. The auto industry’ss restructuring “needs to be deep enough and comprehensive enougn to reachsmall businesses,” Velazquez said. The Treasury Departmenyt has createda $5 billion program to help direc t suppliers of finished products to General Motorw and Chrysler by guaranteeing their receivables.
But second- and third-tief auto industry suppliers, who sell equipment and raw materials todirect suppliers, aren’tr eligible for this program. Many smallp businesses in the auto industry already have been forces to lay off workers due to the downturnb inautomobile production, according to executives from smalpl suppliers who testified before Velazquez’s committee last Many now are worried they won’t get paid for producte they have already delivered due to Chrysler’sz bankruptcy filing and the likelihooc that General Motors will follow suit.
The Small Businesse Administrationis “carefully calibrating a plan” to provid e automobile dealers with loans for purchasing vehicle inventory, SBA Administratoer Karen Mills said. Auto dealers already have benefitedf fromthe SBA’s decision to make more than 70,000 additional businesses eligible for its 7(a) loans. The agency temporarily is allowint lenders to considera company’s net worth and annua income as an alternative to its usuakl size standards, which are based on revenues or number of employees, dependingb on industry.
These 7(a) loanxs will provide needed working capital, but auto dealers say they’rde also having trouble getting “floor plan” loans, which are needef to buy vehicles from auto manufacturers for sale to the Mills said the SBA will beginb allowingits government-guaranteed loans to be used for vehicle inventoryy financing in a few weeks. The Departmeng of Housing and Urbah Development has decided toallow first-time home buyers to use the $8,00p tax credit included in the economic stimulus bill as a down paymengt on their mortgages.
Home builderss and Realtors said the decision shoulx provide a boost to the housing since first-time buyers won’t have to wait until they file theirr taxes in order to benefit from the “The biggest obstacle for first-time buyers is comingh up with a down payment,” said Joe a home builder from Tulsa, Okla., who chair s the National Association of Home Robson praised HUD Secretary Shaun Donovan for “moving swiftly to help first-time home buyerd to access the tax credit upfront at the time of The timing could not have been bette as we are in the midst of the crucial spring home-buyingh season.
”
Wednesday, June 20, 2012
Higgins wants more NYPA funds in WNY - Philadelphia Business Journal:
mozybyd.wordpress.com
The Buffalo Democrat, a frequenft critic of the , which oversee s the plant, has askes the state to turn over 36 percent of net revenu e for economic development and tourism effortesin Erie, Niagara, Chautauqua and Orleane counties. That would amount to some $65 millio n per year, Higgins said, and could create 14,00 0 jobs in five years time. "This communityy must stand up and claim what isnaturalluy ours,” he said. “Like Florida profits from its sunshine and Californiaw profits from itsPacific surf, Western new York must demand our right to benefit from our lake that feed our river, which generates the power producede by Niagara falls.
” According to in 2008 NYPA had a surplus of $309 over 75 percent that was directly attributable to the Niagar a Power Project in Lewiston. He added, the state agency’z own study found that only 14 percentt of the economic benefit derived from that plant remainsa in WesternNew York. In a letteer to both Gov. David Paterson and NYPA Presidentr and CEORichard Kessel, Higginss outlined his plan. Among the projectas noted is developmentof Buffalo’s waterfront, includin the Inner Harbor area, as well as the Darwinh Martin House, Albright-Knox Art Gallery and Buffalo Zoo.
The Buffalo Democrat, a frequenft critic of the , which oversee s the plant, has askes the state to turn over 36 percent of net revenu e for economic development and tourism effortesin Erie, Niagara, Chautauqua and Orleane counties. That would amount to some $65 millio n per year, Higgins said, and could create 14,00 0 jobs in five years time. "This communityy must stand up and claim what isnaturalluy ours,” he said. “Like Florida profits from its sunshine and Californiaw profits from itsPacific surf, Western new York must demand our right to benefit from our lake that feed our river, which generates the power producede by Niagara falls.
” According to in 2008 NYPA had a surplus of $309 over 75 percent that was directly attributable to the Niagar a Power Project in Lewiston. He added, the state agency’z own study found that only 14 percentt of the economic benefit derived from that plant remainsa in WesternNew York. In a letteer to both Gov. David Paterson and NYPA Presidentr and CEORichard Kessel, Higginss outlined his plan. Among the projectas noted is developmentof Buffalo’s waterfront, includin the Inner Harbor area, as well as the Darwinh Martin House, Albright-Knox Art Gallery and Buffalo Zoo.
Monday, June 18, 2012
Scherr Will - Dayton Business Journal:
proklofuxaanygez.blogspot.com
Many clients had begun to delayt building projects for architects in the others scaled back or stopped bookingh new constructionall together, Scherer says. But, despite signs of a cominyg economic slowdown, he split from the Architecturaol Group in December 1999 and now seemsd to be doing well onhis own. Alan Scherr Associatews LLC generated $420,000 in billings aftetr its first year of business and could reach that levelothis year, according to Scherr. The firm landecd several projectsin 2000, including design of the $6.5 million Daytonh View Academy, the $500,000 People's Saving Bank Brancgh in Troy and redesign of Sinclaire Community College's learning center.
Although that billing put Alan Scherd Associates at the bottom of the Dayton Business Journal's 25 largest architectural and engineering firmz -- No. 1 Woolpert LLP billed $25.9 millioh in 2000 -- Scherd says his new firm got off to agood "Our goal is not to have many clients, but to get a few good client with multiple projects," Scherr said. A huge part of Scherr'sx success comes from relationshipzsthe Washington, D.C., native has developed since he came to Daytob 28 years ago. His term as presidenyt of from 1990to 1999, in enabled him to land clients such as Sinclaidr Community College, he said.
"Daytonb has a high number of very good architectsa for a marketits size," Scherr said. "You become successful by developiny relationshipswith people." Scherr also credite his success to his ability to offer client services not traditionallyg associated with design and architecture. For the firm helps clients with movingftheir offices, choosing new furniture, and designing computer "No longer can architects just provide desigj of space service for clients," Scherr said. "Our expertisd must be broader." According to Rex Cowden, Woolpert LLP chiet operating officer, many architects are diversifying their practiceds to createniche markets.
"I thin in any business there'a going to be competition and someone has to offersomething that's different from anybodyt else," Cowden said. "u think what he (Scherr) is trying to do is to creatd a full-service firm." Scherr and Rick Holmezs founded the Architectural Groupin 1990. TAG's billinge were $1.4 million last year, ranking it 19th on DBJ'es list.
Many clients had begun to delayt building projects for architects in the others scaled back or stopped bookingh new constructionall together, Scherer says. But, despite signs of a cominyg economic slowdown, he split from the Architecturaol Group in December 1999 and now seemsd to be doing well onhis own. Alan Scherr Associatews LLC generated $420,000 in billings aftetr its first year of business and could reach that levelothis year, according to Scherr. The firm landecd several projectsin 2000, including design of the $6.5 million Daytonh View Academy, the $500,000 People's Saving Bank Brancgh in Troy and redesign of Sinclaire Community College's learning center.
Although that billing put Alan Scherd Associates at the bottom of the Dayton Business Journal's 25 largest architectural and engineering firmz -- No. 1 Woolpert LLP billed $25.9 millioh in 2000 -- Scherd says his new firm got off to agood "Our goal is not to have many clients, but to get a few good client with multiple projects," Scherr said. A huge part of Scherr'sx success comes from relationshipzsthe Washington, D.C., native has developed since he came to Daytob 28 years ago. His term as presidenyt of from 1990to 1999, in enabled him to land clients such as Sinclaidr Community College, he said.
"Daytonb has a high number of very good architectsa for a marketits size," Scherr said. "You become successful by developiny relationshipswith people." Scherr also credite his success to his ability to offer client services not traditionallyg associated with design and architecture. For the firm helps clients with movingftheir offices, choosing new furniture, and designing computer "No longer can architects just provide desigj of space service for clients," Scherr said. "Our expertisd must be broader." According to Rex Cowden, Woolpert LLP chiet operating officer, many architects are diversifying their practiceds to createniche markets.
"I thin in any business there'a going to be competition and someone has to offersomething that's different from anybodyt else," Cowden said. "u think what he (Scherr) is trying to do is to creatd a full-service firm." Scherr and Rick Holmezs founded the Architectural Groupin 1990. TAG's billinge were $1.4 million last year, ranking it 19th on DBJ'es list.
Sunday, June 17, 2012
Apple claims 1M iPhone sales, mum on Jobs' surgery report - Silicon Valley / San Jose Business Journal:
ra-iwinyro.blogspot.com
In a press release announcing it sold 1 milliohn on the new 3G S since they went on sale Apple included a quotefrom Jobs: "“Customerss are voting and the iPhone is winning. With over 50,000p applications available from Apple’es revolutionary App Store, iPhones momentum is stronger than ever.” The Wall Streetg Journal reported Friday nightthat Jobs, who is expectedx back from extended medical leave this month, underwent a livert transplant two months ago in Tennessee. The paper citesd unnamed sources.
Reports on the health of the 54-year-olxd CEO sent the stock down sharply at the beginningt ofthe year, dropping share to a 52-week low of The company's stock has reboundec since then, however, closing up nearly 80 percen t from those lows on Friday at $139.48. Apple stock droppefd about 1.5 percent Monday to close at The Journal reported thers is speculation that Chieg Operating Officer Tim who has run the companyin Jobs' would continue in a more prominent role at the company.
Some analystx have said that would help insulater the stock more from gyrations relatedto Jobs' health it has seen in the The sales that the Cupertino compant (NASDAQ:AAPL) announced for its newesf generation of the iPhone were higher than thos estimated by Piper Jaffray analyst Gene Munster figured there were 750,000 iPhones sold sincew Friday, 50 percent above his initial projection but well beloqw the 1 million 3G versions sold on the launcg weekend of the previous generatiohn last year. Munster said that of the 256 customers his group surveyed overthe weekend, 28 percent were switchinb carriers to AT&T. That's down from 38 who were new to exclusive U.S.
service provider AT&T (NYSE:T) last year and 52 percentg in 2007. More than half (56 percent) were upgradingb their old iPhone, comparerd to 38 percent last year.
In a press release announcing it sold 1 milliohn on the new 3G S since they went on sale Apple included a quotefrom Jobs: "“Customerss are voting and the iPhone is winning. With over 50,000p applications available from Apple’es revolutionary App Store, iPhones momentum is stronger than ever.” The Wall Streetg Journal reported Friday nightthat Jobs, who is expectedx back from extended medical leave this month, underwent a livert transplant two months ago in Tennessee. The paper citesd unnamed sources.
Reports on the health of the 54-year-olxd CEO sent the stock down sharply at the beginningt ofthe year, dropping share to a 52-week low of The company's stock has reboundec since then, however, closing up nearly 80 percen t from those lows on Friday at $139.48. Apple stock droppefd about 1.5 percent Monday to close at The Journal reported thers is speculation that Chieg Operating Officer Tim who has run the companyin Jobs' would continue in a more prominent role at the company.
Some analystx have said that would help insulater the stock more from gyrations relatedto Jobs' health it has seen in the The sales that the Cupertino compant (NASDAQ:AAPL) announced for its newesf generation of the iPhone were higher than thos estimated by Piper Jaffray analyst Gene Munster figured there were 750,000 iPhones sold sincew Friday, 50 percent above his initial projection but well beloqw the 1 million 3G versions sold on the launcg weekend of the previous generatiohn last year. Munster said that of the 256 customers his group surveyed overthe weekend, 28 percent were switchinb carriers to AT&T. That's down from 38 who were new to exclusive U.S.
service provider AT&T (NYSE:T) last year and 52 percentg in 2007. More than half (56 percent) were upgradingb their old iPhone, comparerd to 38 percent last year.
Saturday, June 16, 2012
U.S. Bank returns TARP money - Pittsburgh Business Times:
mytyhona.wordpress.com
billion in Troubled Asset Relief Program moneyy it took last year fromthe . U.S. Bank USB), based in Minneapolis, had previouslyg announced its plans to redeem the preferrex stock issued tothe Treasury. Last week, it from the governmentr to do so. U.S. Bank also told the Treasurhy it intends to repurchasethe 10-year warrant it had issuer along with the preferred stock. “The redemption allows our company to returnh to operating from a positionh of both independent strengtb andstrategic flexibility,” said Richared Davis, the company’s president, CEO and in a statement. The Treasury in May announced that U.S.
Bank whicnh showed it would be able to ride out the economic downturn without having to raise more Davis has ofthe government’s capitak purchase program. In February he called the program “lousy” and said the banking industry was pressured to participatw inthe program.
billion in Troubled Asset Relief Program moneyy it took last year fromthe . U.S. Bank USB), based in Minneapolis, had previouslyg announced its plans to redeem the preferrex stock issued tothe Treasury. Last week, it from the governmentr to do so. U.S. Bank also told the Treasurhy it intends to repurchasethe 10-year warrant it had issuer along with the preferred stock. “The redemption allows our company to returnh to operating from a positionh of both independent strengtb andstrategic flexibility,” said Richared Davis, the company’s president, CEO and in a statement. The Treasury in May announced that U.S.
Bank whicnh showed it would be able to ride out the economic downturn without having to raise more Davis has ofthe government’s capitak purchase program. In February he called the program “lousy” and said the banking industry was pressured to participatw inthe program.
Thursday, June 14, 2012
BJD to impose whip on MLAs in Presidential polls, Naveen Patnaik ... - Daily News & Analysis
haga-aa8xuq.blogspot.com
BJD to impose whip on MLAs in Presidential polls, Naveen Patnaik ... Daily News & Analysis BJD's chief whip in Odisha Legislative Assembly (OLA) Rabi Narayan Pani said, 'We will certainly impose whip on our MLAs if there is a voting in the ... |
Wednesday, June 13, 2012
Apple may drop into Catawba County - Kansas City Business Journal:
8511ysu.blogspot.com
The Apple center would create 50 jobs and representtNorth Carolina’s second-largest incentive package Huge server farms are already on the want list, says Scotft Millar, president. “They’ve been a target of ours for four Several data center projecta are consideringthe county, he says. The primar site that interests Appld isthe 180-acre Catawba Data Park, a greenfieled project planned along U.S. Highway 321 near sources say. There Apple woul d get its preference for a campus settingt with otherdata centers. Perdu e says Apple will build in North Carolina butshe didn’t announc a specific site.
“Wew welcome Apple to North Carolinwa and look forward to working with the company as it begins providing a significant economix boost to local communities andthe state.” Applw spokeswoman Susan Lundgren says constructio in North Carolina will beginb soon. “We are getting started right away to acquirea site.” The announcement comes afterr Perdue signed Senate Bill 575, which modifies the method by whicnh capital-intensive businesses calculate corporate incom e tax liability in North The N.C. incentives wouldc rebate $46 million to Apple over the next10 years.
If the cente r operated for 30 years, the price tag of the inducementx would zoomto $300 million, accordinb to a legislative analysis. Apple has hired of Atlanta, an offshoo t of that developsdata centers. T5 tried to interesg Apple in the 215,000-square-foot former Chris-Craft facilitty in Kings Mountain. Millar deflected questions aboug Apple. “If there were a user on the I would becalling you,” he Apple needs the East Coast site for its server farm to handle growth in its iTunes online store. Its last significant data center, a $50 milliob facility, opened in Newark, Calif., in 2006.
The Apple center would create 50 jobs and representtNorth Carolina’s second-largest incentive package Huge server farms are already on the want list, says Scotft Millar, president. “They’ve been a target of ours for four Several data center projecta are consideringthe county, he says. The primar site that interests Appld isthe 180-acre Catawba Data Park, a greenfieled project planned along U.S. Highway 321 near sources say. There Apple woul d get its preference for a campus settingt with otherdata centers. Perdu e says Apple will build in North Carolina butshe didn’t announc a specific site.
“Wew welcome Apple to North Carolinwa and look forward to working with the company as it begins providing a significant economix boost to local communities andthe state.” Applw spokeswoman Susan Lundgren says constructio in North Carolina will beginb soon. “We are getting started right away to acquirea site.” The announcement comes afterr Perdue signed Senate Bill 575, which modifies the method by whicnh capital-intensive businesses calculate corporate incom e tax liability in North The N.C. incentives wouldc rebate $46 million to Apple over the next10 years.
If the cente r operated for 30 years, the price tag of the inducementx would zoomto $300 million, accordinb to a legislative analysis. Apple has hired of Atlanta, an offshoo t of that developsdata centers. T5 tried to interesg Apple in the 215,000-square-foot former Chris-Craft facilitty in Kings Mountain. Millar deflected questions aboug Apple. “If there were a user on the I would becalling you,” he Apple needs the East Coast site for its server farm to handle growth in its iTunes online store. Its last significant data center, a $50 milliob facility, opened in Newark, Calif., in 2006.
Monday, June 11, 2012
Niello opening mini car dealership at Galleria at Roseville - Sacramento Business Journal:
vilyfijohy.wordpress.com
Niello, which represents a dozen brands and is one ofthe region’as largest private companies, expects within a few months to set up a mini satellite dealershiop within Westfield Galleria at Roseville, just outside wherw and will go. In addition to displayinhg a single car, Niello will create a upscale loungewith couches, tables, a plasmsa screen showing videos of vehicles, and computers on whicy consumers can check out vehicle inventories. Startingt with , different Niello brands will rotate through everyfew months, said Summedr Wright, Niello marketing manager. The auto group will have an employese there toanswer questions.
The company is still brainstormingb aboutinteractive activities, including using the Wii videl game system, to entices consumers. Niello liked the mall’d idea, Wright said, because the auto dealershil group can bring its products to the 14 million shoppers who come through the malleach year. The Galleria’e customer base fits with the demographicsfor Niello’s including , , , and .
Niello, which represents a dozen brands and is one ofthe region’as largest private companies, expects within a few months to set up a mini satellite dealershiop within Westfield Galleria at Roseville, just outside wherw and will go. In addition to displayinhg a single car, Niello will create a upscale loungewith couches, tables, a plasmsa screen showing videos of vehicles, and computers on whicy consumers can check out vehicle inventories. Startingt with , different Niello brands will rotate through everyfew months, said Summedr Wright, Niello marketing manager. The auto group will have an employese there toanswer questions.
The company is still brainstormingb aboutinteractive activities, including using the Wii videl game system, to entices consumers. Niello liked the mall’d idea, Wright said, because the auto dealershil group can bring its products to the 14 million shoppers who come through the malleach year. The Galleria’e customer base fits with the demographicsfor Niello’s including , , , and .
Sunday, June 10, 2012
Indictment caps lobbyist Harvey Whittemore's dramatic fall from grace - Las Vegas Sun
yzirapogyg.wordpress.com
Las Vegas Sun | Indictment caps lobbyist Harvey Whittemore's dramatic fall from grace Las Vegas Sun One of his bills in 1995 would have retroactively overturned a Supreme Court judgment won by the victim of sexual assault against the Hilton in the infamous Tailhook scandal. While he failed to get that judgment overturned, he succeeded in protecting ... |
Friday, June 8, 2012
Frontier Airlines names Shurz VP of strategy - Denver Business Journal:
iqukikofor.wordpress.com
The Denver-based carrier (Pink Sheets: FRNTQ) said Shurz will oversee Frontier'se route planning and aircraft scheduling and will also managr strategic alliances andjoint ventures. Shurz was most recentlt VP for network planning and alliances with and previouslyh was director of business development for theCanadianh carrier. Earlier he was general manager of bus operationws for the and was managerd of domestic planningat . "kI have known Daniel for several he will be a tremendous asset to our executive Frontier President/CEO Sean Menke said in a statement. "Wd are operating in an extremely competitivre market and in an economy that has seen revenue declines acrossour industry.
We will count on Daniel'z experience and deep knowledge of the airline industry to develoo the strategic and innovative revenue initiatives and allianceds that will position Frontier for the significant growtnh thatlies ahead." Shurz received a bachelor's degrere from Queens' College at in Cambridge, and an MBA in strategy, economicws and international business from the 's Bootnh School of Business.
The Denver-based carrier (Pink Sheets: FRNTQ) said Shurz will oversee Frontier'se route planning and aircraft scheduling and will also managr strategic alliances andjoint ventures. Shurz was most recentlt VP for network planning and alliances with and previouslyh was director of business development for theCanadianh carrier. Earlier he was general manager of bus operationws for the and was managerd of domestic planningat . "kI have known Daniel for several he will be a tremendous asset to our executive Frontier President/CEO Sean Menke said in a statement. "Wd are operating in an extremely competitivre market and in an economy that has seen revenue declines acrossour industry.
We will count on Daniel'z experience and deep knowledge of the airline industry to develoo the strategic and innovative revenue initiatives and allianceds that will position Frontier for the significant growtnh thatlies ahead." Shurz received a bachelor's degrere from Queens' College at in Cambridge, and an MBA in strategy, economicws and international business from the 's Bootnh School of Business.
Thursday, June 7, 2012
Snakeskin Trim on Heated Seats Driving US Pickup Sales - BusinessWeek
ycoguqi.wordpress.com
Snakeskin Trim on Heated Seats Driving US Pickup Sales BusinessWeek (F) (F) are testing the limits of truck buyers' appetite for pickups loaded with leather, chrome and heated seats at price tags that can top $50000. It took just three days for dealers to snap up the full- year's allotment of Chrysler's new luxury-trim ... |
Wednesday, June 6, 2012
Scripted sales calls old fashioned, fail to connect with customers - Business First of Louisville:
wanuso.wordpress.com
Geez, I have been saying this for more than 25 andI can’t believe companies still use them to sell over the OK, forget the companies themselves, let’s blame the managet or the person who is responsible for still tryinfg to do something that every salesd trainer on the planet says does not work. Now, beforw I go on, do not write or send an e-maikl telling me that I am wrong orbeing Instead, why don’t you try something new – that is, new to you or your organizatioh – and just do what I will lay out Trust me, it has worked every single time with any big or small, that I have workedx with.
This horror of using scripts came rushing back to me recentlg while working with a company whose storesx are in every big city in the The company is highly regarderd for its ethics and is a very visible organization that many are familiart with because ofthe company’s longevityh and brand awareness. I was asked to come to the company’ headquarters and look at its methord of attracting new business through itstelemarketinbg program, which the company has been usingf for a couple of They said that although the results were OK at first, salesd had become pretty dismal. It took me just 30 seconds to read the scripr that the inside salespeople were and Iwas sickened.
I talked with the companu president and said I couldc help the salespeople in justtwo hours, but I needed him to let me do my job and not to interfere unless I called him in for his He agreed, but I could sense he was a bit apprehensivew about the situation and my request. I worked only with the who was really a selling manager becausew she was on the phones herself at timex trying to pitch inand help. We went into a and I spent an hour goiny over whyscripts don’t work and why she has been brainwashe d to do something that was againsrt all the rules of professionak salesmanship.
She was neither thrilleed with me at this poin t nor happy after I tookher eight-page ripped it up and threw it in the We role-played a little using real situation that she might have with her husband, children and for instance. The goal was to show her that havingya two-sided conversation is much more usefulp than a one-sided script. She was really starting to get it, even thoughy she kept wanting to go back to a selling mode by doinvg more talking than listening and asking It was so simple that it was frightening to her that a sellinv situation can be flexible and not just acannefd speech, where she can actuallyt have fun while conversintg with a customer.
The introduction and questions I wrots out were basic and easy for herto grasp. They “Hi, my name is Susan from Client Co., and I would like to ask you two or thredequick questions. It will not take more than 48 seconds I promise. “Are you familiare with our company? If yes, what aspects? “Why are you not a member, or why did you leavw our organization?”
Geez, I have been saying this for more than 25 andI can’t believe companies still use them to sell over the OK, forget the companies themselves, let’s blame the managet or the person who is responsible for still tryinfg to do something that every salesd trainer on the planet says does not work. Now, beforw I go on, do not write or send an e-maikl telling me that I am wrong orbeing Instead, why don’t you try something new – that is, new to you or your organizatioh – and just do what I will lay out Trust me, it has worked every single time with any big or small, that I have workedx with.
This horror of using scripts came rushing back to me recentlg while working with a company whose storesx are in every big city in the The company is highly regarderd for its ethics and is a very visible organization that many are familiart with because ofthe company’s longevityh and brand awareness. I was asked to come to the company’ headquarters and look at its methord of attracting new business through itstelemarketinbg program, which the company has been usingf for a couple of They said that although the results were OK at first, salesd had become pretty dismal. It took me just 30 seconds to read the scripr that the inside salespeople were and Iwas sickened.
I talked with the companu president and said I couldc help the salespeople in justtwo hours, but I needed him to let me do my job and not to interfere unless I called him in for his He agreed, but I could sense he was a bit apprehensivew about the situation and my request. I worked only with the who was really a selling manager becausew she was on the phones herself at timex trying to pitch inand help. We went into a and I spent an hour goiny over whyscripts don’t work and why she has been brainwashe d to do something that was againsrt all the rules of professionak salesmanship.
She was neither thrilleed with me at this poin t nor happy after I tookher eight-page ripped it up and threw it in the We role-played a little using real situation that she might have with her husband, children and for instance. The goal was to show her that havingya two-sided conversation is much more usefulp than a one-sided script. She was really starting to get it, even thoughy she kept wanting to go back to a selling mode by doinvg more talking than listening and asking It was so simple that it was frightening to her that a sellinv situation can be flexible and not just acannefd speech, where she can actuallyt have fun while conversintg with a customer.
The introduction and questions I wrots out were basic and easy for herto grasp. They “Hi, my name is Susan from Client Co., and I would like to ask you two or thredequick questions. It will not take more than 48 seconds I promise. “Are you familiare with our company? If yes, what aspects? “Why are you not a member, or why did you leavw our organization?”
Monday, June 4, 2012
Boeing to acquire eXMeritus - Philadelphia Business Journal:
cicugaha.wordpress.com
which sells secure hardware and software to the government and lawenforcementy organizations, for an undisclosed sum. Executives at Boeing BA) say the purchase will help extend its abilitgy to serve the federakl cyber security andintelligence markets. “The additiob of eXMeritus to our team is a stronvg enhancement to the Boeinv capabilities developed through years of experiencde on secure networks for some of the most complexx systems in nationalsecurity today,” said Boeing Integratex Defense Systems President and CEO Jim Albaugh. Fairfax-basedc eXMeritus is the fourthj company that Boeing will add to its securityand intelligence-related lines of business since 2008.
Last year Boeinh acquired Germantown, Md.-based Digital Receiver Herndon, Va.-based Ravenwing and D.C.-baseed . eXMeritus, founded in 2000, will add fewed than 30 employeesto Boeing’es Integrated Defense Systems’ Network and Space Systems unit. The company’e products are certified and accredited bythe U.S. governmenty to operate on the government’s trusted Boeing said the transaction, expected to closde by the endof June, won’t affect Boeing’x financial guidance. Boeing’s Integrated Defense Systemzs unit, headquartered in St. is a $32 billion business with 70,000 employeesa worldwide.
which sells secure hardware and software to the government and lawenforcementy organizations, for an undisclosed sum. Executives at Boeing BA) say the purchase will help extend its abilitgy to serve the federakl cyber security andintelligence markets. “The additiob of eXMeritus to our team is a stronvg enhancement to the Boeinv capabilities developed through years of experiencde on secure networks for some of the most complexx systems in nationalsecurity today,” said Boeing Integratex Defense Systems President and CEO Jim Albaugh. Fairfax-basedc eXMeritus is the fourthj company that Boeing will add to its securityand intelligence-related lines of business since 2008.
Last year Boeinh acquired Germantown, Md.-based Digital Receiver Herndon, Va.-based Ravenwing and D.C.-baseed . eXMeritus, founded in 2000, will add fewed than 30 employeesto Boeing’es Integrated Defense Systems’ Network and Space Systems unit. The company’e products are certified and accredited bythe U.S. governmenty to operate on the government’s trusted Boeing said the transaction, expected to closde by the endof June, won’t affect Boeing’x financial guidance. Boeing’s Integrated Defense Systemzs unit, headquartered in St. is a $32 billion business with 70,000 employeesa worldwide.
Saturday, June 2, 2012
With housing market in turmoil, TOUSA, Levitt Corp. lead losses - South Florida Business Journal:
tenamup.wordpress.com
(NYSE: TOA), a Hollywood-based home had the biggest loss - $132 millio n on revenue of $565.7 million, compared with profits of $67.t6 million on revenue of $621.3 million in the year ago quartefr - a nearly $200 milliob swing in earnings. The company reache a 52-week high of $12.40 last September and was tradin gat $2.91 on Aug. 21. Publivc companies have 45 days after the end of the quarter to fileearningsd reports, which means the filing deadlined was Aug. 14 for companies whoss quarter endedJune 30. Fort Lauderdale-basexd (NYSE: LEV) had the second-biggest loss at $58.2 million, down from a year-ago loss of based on earnings reportedon .
Some developers have asked the SEC for more time to file so they can figurde out the value of holdings that had been hammereds by changes inmarket conditions. The housing downturn is starting to ripple into buildinvsupplies companies. Pompano Beach-based (NASDAQ: IPII) said its earningsz dropped 99 percent as demand for its products slipped in Floridas because of a decline innew construction. The companhy earned $229,000 as revenue slipped to $30.12 million from $40.5 million. While housing-related industrieds stumbled, companies in the healthh care sector improved during a periode ofcontinued acquisitions. (NASDAQ: CCRN) shares increased 25 percent, from $4.4 million to $5.5 million.
The companyu said the increase reflectedf the continued success of its travel nursee staffing business and the growth of its clinical trials service which was fueled by its purchasw of andMetropolitan Research. The Boca Raton-basedx staffing firm also acquiredin July, and said it expectsz 2007 pro forma revenues from its clinical trials services businesses to be about $100 (NYSE: MRN), also based in Boca saw its second quarter earnings increased 42 percent, while its revenue declinedd slightly. It bought InteliStaf for $92 million in cash a day aftere the end ofthe quarter.
(NYSE: a Fort Lauderdale-based newborn, maternal-fetal and pediatric physiciahnsubspecialty firm, said its earningsz were up 8 percent. On Aug. 20, it announced the acquisitiom of a Seattlephysician group. (NASDAQ: NOVN) said its secondr quarter earnings jumped 130 percentto $7.6 driven by sales of its ADHD patch and estrogen a joint venture with New Jersey-based Novem bought on Aug. 15 for $125 million. Boca Raton-based NABI) narrowed its loss 61 percent, to $5.3 million from $13.77 million, as it did $11.90 million in antibody sales and $8.7 milliomn in Nabi-HB product sales.
The company created two stand-alonw business units, Nabi Pharmaceuticals and Nabi Coral Gables-based developing pharmaceutical companyh (NASDAQ: CPRX) saw its second quarter loss grow more than 200 However, at the quarter's end, Catalysf said it had $17.9 million in cash and cash equivalents and no long-term debt. (NYSE: FPL) broughyt in the biggest year-over-year dollafr improvement, with a $169 million increase in despite theJuno Beach-based company's estimated $50 millio n loss to "the negative impact of weather," including coolerr days and a weak wind The company earned $405 million.
Miami-based (NYSE: which indirectly owns cigarette and real estatr operations through LiggettGroup LLC, Vectod Tobacco and New Valley LLC, made the trip from red to blacj with earnings of $21.44 million in its seconc quarter, compared with a loss of $2.7 in the year-ag o quarter. South Florida's cosmetic companies, (NASDAQ: and (NASDAQ: PARL), also ended the quartere smelling sweet. Elizabeth Arden, which ended its fourtbh quarter, went from red to blaclk with earningsof $9.9 Parlux shrank its first quarter loss by 99 percent, to $95,628 from $14.12 million.
(NYSE: TOA), a Hollywood-based home had the biggest loss - $132 millio n on revenue of $565.7 million, compared with profits of $67.t6 million on revenue of $621.3 million in the year ago quartefr - a nearly $200 milliob swing in earnings. The company reache a 52-week high of $12.40 last September and was tradin gat $2.91 on Aug. 21. Publivc companies have 45 days after the end of the quarter to fileearningsd reports, which means the filing deadlined was Aug. 14 for companies whoss quarter endedJune 30. Fort Lauderdale-basexd (NYSE: LEV) had the second-biggest loss at $58.2 million, down from a year-ago loss of based on earnings reportedon .
Some developers have asked the SEC for more time to file so they can figurde out the value of holdings that had been hammereds by changes inmarket conditions. The housing downturn is starting to ripple into buildinvsupplies companies. Pompano Beach-based (NASDAQ: IPII) said its earningsz dropped 99 percent as demand for its products slipped in Floridas because of a decline innew construction. The companhy earned $229,000 as revenue slipped to $30.12 million from $40.5 million. While housing-related industrieds stumbled, companies in the healthh care sector improved during a periode ofcontinued acquisitions. (NASDAQ: CCRN) shares increased 25 percent, from $4.4 million to $5.5 million.
The companyu said the increase reflectedf the continued success of its travel nursee staffing business and the growth of its clinical trials service which was fueled by its purchasw of andMetropolitan Research. The Boca Raton-basedx staffing firm also acquiredin July, and said it expectsz 2007 pro forma revenues from its clinical trials services businesses to be about $100 (NYSE: MRN), also based in Boca saw its second quarter earnings increased 42 percent, while its revenue declinedd slightly. It bought InteliStaf for $92 million in cash a day aftere the end ofthe quarter.
(NYSE: a Fort Lauderdale-based newborn, maternal-fetal and pediatric physiciahnsubspecialty firm, said its earningsz were up 8 percent. On Aug. 20, it announced the acquisitiom of a Seattlephysician group. (NASDAQ: NOVN) said its secondr quarter earnings jumped 130 percentto $7.6 driven by sales of its ADHD patch and estrogen a joint venture with New Jersey-based Novem bought on Aug. 15 for $125 million. Boca Raton-based NABI) narrowed its loss 61 percent, to $5.3 million from $13.77 million, as it did $11.90 million in antibody sales and $8.7 milliomn in Nabi-HB product sales.
The company created two stand-alonw business units, Nabi Pharmaceuticals and Nabi Coral Gables-based developing pharmaceutical companyh (NASDAQ: CPRX) saw its second quarter loss grow more than 200 However, at the quarter's end, Catalysf said it had $17.9 million in cash and cash equivalents and no long-term debt. (NYSE: FPL) broughyt in the biggest year-over-year dollafr improvement, with a $169 million increase in despite theJuno Beach-based company's estimated $50 millio n loss to "the negative impact of weather," including coolerr days and a weak wind The company earned $405 million.
Miami-based (NYSE: which indirectly owns cigarette and real estatr operations through LiggettGroup LLC, Vectod Tobacco and New Valley LLC, made the trip from red to blacj with earnings of $21.44 million in its seconc quarter, compared with a loss of $2.7 in the year-ag o quarter. South Florida's cosmetic companies, (NASDAQ: and (NASDAQ: PARL), also ended the quartere smelling sweet. Elizabeth Arden, which ended its fourtbh quarter, went from red to blaclk with earningsof $9.9 Parlux shrank its first quarter loss by 99 percent, to $95,628 from $14.12 million.
Friday, June 1, 2012
14th Florida A&M band member charged with hazing - Morris Daily Herald
houghtalingbaemo1268.blogspot.com
WBFS | 14th Florida A&M band member charged with hazing Morris Daily Herald Dante Martin, a 25-year-old percussionist from Tampa, Fla., is the latest member of the Marching 100 to be charged with felony or misdemeanor hazing surrounding the Nov. 19 death of Champion, who was origin » |
Subscribe to:
Posts (Atom)