Christ Fellowship finalizes Boynton Beach Mall move Palm Beach Post Christ Fellowship church finalized a long-sought deal last week to buy the former Dillard's department store at the Boynton Beach Mall, paying $4.6 million for the 127,000-square-foot property. According to a deed filed with the Palm Beach County Clerk ... |
Monday, December 24, 2012
Christ Fellowship finalizes Boynton Beach Mall move - Palm Beach Post
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Sunday, December 23, 2012
Former VoIP Inc. execs face SEC charges - South Florida Business Journal:
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million in fictitious revenues from purported sales of computer hardware and for management The inflated revenue raisedthe company’sx overall revenue figures by 43 percentt for the year ended Dec. 31, 2004. The company’es CEO, Steven M. 44, of Weston, “knew VoIP was struggling financiallyg and thatthe company’s actual revenues were substantially less than its according to the complaint. he did not question the company’sx financial statements. He resigned in October but not before selling more than 4 million sharesd ofthe company’s stock to realiz more than $4.4 million in It is also alleged he did not file the properd paperwork to record the sale.
Pitters, the Fort Lauderdale-based company’s chief financial officer and vice presidentof finance, resigned in Marcg 2006, after the companyy discovered the fictitious Kuykendall was the general manager of the company’sz subsidiary, , which was doing businesx as He was fired in April 2006 for recording the fictitiousz revenue. The SEC is asking the court to disgorgse all of the profits the three made as a resulgt oftheir actions, pay a civil penalty and permanentl y bar them from acting as an officer or director of a publiclg held company.
million in fictitious revenues from purported sales of computer hardware and for management The inflated revenue raisedthe company’sx overall revenue figures by 43 percentt for the year ended Dec. 31, 2004. The company’es CEO, Steven M. 44, of Weston, “knew VoIP was struggling financiallyg and thatthe company’s actual revenues were substantially less than its according to the complaint. he did not question the company’sx financial statements. He resigned in October but not before selling more than 4 million sharesd ofthe company’s stock to realiz more than $4.4 million in It is also alleged he did not file the properd paperwork to record the sale.
Pitters, the Fort Lauderdale-based company’s chief financial officer and vice presidentof finance, resigned in Marcg 2006, after the companyy discovered the fictitious Kuykendall was the general manager of the company’sz subsidiary, , which was doing businesx as He was fired in April 2006 for recording the fictitiousz revenue. The SEC is asking the court to disgorgse all of the profits the three made as a resulgt oftheir actions, pay a civil penalty and permanentl y bar them from acting as an officer or director of a publiclg held company.
Friday, December 21, 2012
Akins relishing heavy workload with Flyers - The Barrie Advance
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Akins relishing heavy workload with Flyers The Barrie Advance Akins relishing heavy workload with Flyers. The steady goaltending of Connor Akins has helped propel the Midland Flyers into first place in the North Division of the Georgian Bay Mid-Ontario Junior C Hockey League. The 19-year-old Georgian College ... |
Wednesday, December 19, 2012
Xytrans inks exclusive deal with Herley Industries - Orlando Business Journal:
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Xytrans is a high-frequency transceivere and outdoor unit design andmanufacturing company. The firm is addressinvg the wireless broadbandnetwork market's demand for high-performance, low-cos t transmitters and receivers in the high-frequency range for use in satellitee data communications and land-based Lancaster, Penn.-based Herley Industries (NASDAQ: HRLY) designs, developes and makes microwave technology for the aerospace and medical industries worldwide. Under the deal, Herlety will license a new Xytrans technology, called millimete r wave, for military applications.
It can be used in landiny systems, telemetry systems, transponders, simulators and radar, missile seekers and communicationb systems. As part of the Ed Weatherwax, Xytrans' vice president of businesxs development, will join Herley as vice presidenf ofbusiness development. He will oversee the technology andprogram transition.
Xytrans is a high-frequency transceivere and outdoor unit design andmanufacturing company. The firm is addressinvg the wireless broadbandnetwork market's demand for high-performance, low-cos t transmitters and receivers in the high-frequency range for use in satellitee data communications and land-based Lancaster, Penn.-based Herley Industries (NASDAQ: HRLY) designs, developes and makes microwave technology for the aerospace and medical industries worldwide. Under the deal, Herlety will license a new Xytrans technology, called millimete r wave, for military applications.
It can be used in landiny systems, telemetry systems, transponders, simulators and radar, missile seekers and communicationb systems. As part of the Ed Weatherwax, Xytrans' vice president of businesxs development, will join Herley as vice presidenf ofbusiness development. He will oversee the technology andprogram transition.
Monday, December 17, 2012
AstraZeneca, M.D. Anderson study cancer chemotherapy effects - Philadelphia Business Journal:
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Scientists at M. D. Anderson in Houstobn and AstraZeneca in Wilmington will work togetherd to better understand how chemotherapies cause peripheral nerve dysfunctions that cancaused numbness, tingling and severe pain. Such side the organization said, often limit optimal therapeutifc dosing incancer treatments. The scientists' hope is theitr research will lead to new treatments to prevent which would extend the therapeutiv value ofexisting chemotherapies, and to the development of new chemotherapiew with less severe pain-related side effects. M.D. Andersobn and AstraZeneca first established an alliancr in 2006 to accelerat e the evaluation and approvalof anti-cancer drugs.
"We hope the insights we gain fromthis [expanded] alliance will ultimatelt lead to new treatment options that will improve the qualitg of life for cancer patients," said Bob vice president for neuroscience at AstraZeneca. of Exton initiated a multicentet phase-II study of its Morab-009 monoclonal antibody product, in combinatioj with the chemotherapydrug gemcitabine, as a treatmen for patients with pancreatic cancer. Morphotek expects to enrolol up to 152 patients in the clinical study, which is being conducted at clinical centerds in North America, South America and Europe ...
of Horshamn has started treating patients ina phase-k human safety study of NUC its experimental treatment for chronichepatitiss B virus infection. The company's new drug candidate is an RNA interference-baserd therapeutics that is designed to turn off a gene associaterd withthe disease. The goal of the stud is to enroll 15 patients atthree U.S. clinicalp sites and two sites in Easter nEurope ... Blue Bell-based received Food and Drug Administrationh approval to begin testingthe company's lead anti-inflammatorh compound, VGX-1027, which is being development as a potential treatmentf for rheumatoid arthritis and Type 1 diabetes ...
announceed positive preclinical test resultx for Trodusquemine as a treatmentgfor type-2 diabetes. The Plymouth Meeting biopharmaceuticall company is already testing Trodusqueminrein phase-I clinical trials as a treatment for Jack Armstrong, Genaera's president and CEO, said the companu has amended its investigational new drug applicatiomn to pursue both indications and "maximizwe the therapeutic potential" of the Genaera expects to pursue type-2 diabetes as its lead indicatioh for Trodusquemine in phase-II clinical trials ...
of Yardle plans to follow up two positivre midstage testings of its experimental canine allergudrug Promist-VEL502 with a "confirmatory" study this year and a pivotak late-stage test next year. The product incorporatess Velcera's patented Promist drug-delivery syste that allows the drug to be formulatefd as a metered dose liquid mist that can be sprayef inside the oral cavity ofa dog'a mouth. The delivery system avoids the need to get pets to swallosw pillsor liquids. Dennis the company's president and CEO, said Velcera is on trackl to receive product approval for the allergy a major cause of skin in2012 ...
Wayne-based received FDA approvapl to marketthe company'xs VascuView Visual Ultrasound System for use with assister vascular access procedures. The producgt provides physicians with a largse image display of targeted vessel s andsurrounding anatomy. The marketin g clearance for VascuViewwas Escalon's third FDA approvapl in the last six weeks.
Scientists at M. D. Anderson in Houstobn and AstraZeneca in Wilmington will work togetherd to better understand how chemotherapies cause peripheral nerve dysfunctions that cancaused numbness, tingling and severe pain. Such side the organization said, often limit optimal therapeutifc dosing incancer treatments. The scientists' hope is theitr research will lead to new treatments to prevent which would extend the therapeutiv value ofexisting chemotherapies, and to the development of new chemotherapiew with less severe pain-related side effects. M.D. Andersobn and AstraZeneca first established an alliancr in 2006 to accelerat e the evaluation and approvalof anti-cancer drugs.
"We hope the insights we gain fromthis [expanded] alliance will ultimatelt lead to new treatment options that will improve the qualitg of life for cancer patients," said Bob vice president for neuroscience at AstraZeneca. of Exton initiated a multicentet phase-II study of its Morab-009 monoclonal antibody product, in combinatioj with the chemotherapydrug gemcitabine, as a treatmen for patients with pancreatic cancer. Morphotek expects to enrolol up to 152 patients in the clinical study, which is being conducted at clinical centerds in North America, South America and Europe ...
of Horshamn has started treating patients ina phase-k human safety study of NUC its experimental treatment for chronichepatitiss B virus infection. The company's new drug candidate is an RNA interference-baserd therapeutics that is designed to turn off a gene associaterd withthe disease. The goal of the stud is to enroll 15 patients atthree U.S. clinicalp sites and two sites in Easter nEurope ... Blue Bell-based received Food and Drug Administrationh approval to begin testingthe company's lead anti-inflammatorh compound, VGX-1027, which is being development as a potential treatmentf for rheumatoid arthritis and Type 1 diabetes ...
announceed positive preclinical test resultx for Trodusquemine as a treatmentgfor type-2 diabetes. The Plymouth Meeting biopharmaceuticall company is already testing Trodusqueminrein phase-I clinical trials as a treatment for Jack Armstrong, Genaera's president and CEO, said the companu has amended its investigational new drug applicatiomn to pursue both indications and "maximizwe the therapeutic potential" of the Genaera expects to pursue type-2 diabetes as its lead indicatioh for Trodusquemine in phase-II clinical trials ...
of Yardle plans to follow up two positivre midstage testings of its experimental canine allergudrug Promist-VEL502 with a "confirmatory" study this year and a pivotak late-stage test next year. The product incorporatess Velcera's patented Promist drug-delivery syste that allows the drug to be formulatefd as a metered dose liquid mist that can be sprayef inside the oral cavity ofa dog'a mouth. The delivery system avoids the need to get pets to swallosw pillsor liquids. Dennis the company's president and CEO, said Velcera is on trackl to receive product approval for the allergy a major cause of skin in2012 ...
Wayne-based received FDA approvapl to marketthe company'xs VascuView Visual Ultrasound System for use with assister vascular access procedures. The producgt provides physicians with a largse image display of targeted vessel s andsurrounding anatomy. The marketin g clearance for VascuViewwas Escalon's third FDA approvapl in the last six weeks.
Sunday, December 16, 2012
Clarcor's Q2 earnings drop more than 30% - Phoenix Business Journal:
grigoriynirim.blogspot.com
percent in the secon quarter, compared to the same perios ayear ago. Franklin-based Clarcor (NYSE: CLC) reported income of or $0.50 cents per dilutedx share, in the quartet ended May 30, compared to $40,783, or $0.80o cents per diluted share, in the year-ago period. Revenue came in at $229,39 for the quarter, down 14.1 percengt from the previous year’s quarter, when revenue came in at $267,137. Analysts, on average, estimatedd earnings of 38 cents per share on revenueeof $243.1 million, according to Reuters Estimates.
“Asd we had expected, this year’s seconfd quarter was difficult, though operating results were much strongefr than in our firstfiscal quarter,” says Norm Clarcor’s chairman and CEO, in a “Our order rates, overall, have stabilized, and we are beginninyg to see indications of increased produc demand in selected markets.” Clarcor make mobile, industrial and environmental filtration products and consume and industrial packaging products sold to domestic and internationap markets.
Johnson notes that more than 80 percenf of its filter sales are generate d from the replacement filter so even if new building and equipmenr continuesto falter, maintenance of existinh equipment and facilities will continue. Shares of Clarcoe closed up $1.08, or 3.66 percent to $30.57 at the bell The 52-week range is $23.05 to
percent in the secon quarter, compared to the same perios ayear ago. Franklin-based Clarcor (NYSE: CLC) reported income of or $0.50 cents per dilutedx share, in the quartet ended May 30, compared to $40,783, or $0.80o cents per diluted share, in the year-ago period. Revenue came in at $229,39 for the quarter, down 14.1 percengt from the previous year’s quarter, when revenue came in at $267,137. Analysts, on average, estimatedd earnings of 38 cents per share on revenueeof $243.1 million, according to Reuters Estimates.
“Asd we had expected, this year’s seconfd quarter was difficult, though operating results were much strongefr than in our firstfiscal quarter,” says Norm Clarcor’s chairman and CEO, in a “Our order rates, overall, have stabilized, and we are beginninyg to see indications of increased produc demand in selected markets.” Clarcor make mobile, industrial and environmental filtration products and consume and industrial packaging products sold to domestic and internationap markets.
Johnson notes that more than 80 percenf of its filter sales are generate d from the replacement filter so even if new building and equipmenr continuesto falter, maintenance of existinh equipment and facilities will continue. Shares of Clarcoe closed up $1.08, or 3.66 percent to $30.57 at the bell The 52-week range is $23.05 to
Saturday, December 15, 2012
Patrick Cudahy fire 'devastating,' exec says - The Business Journal of Milwaukee:
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Cudahy Mayor Ryan McCue's declaration at a Mondag afternoon press conference will potentially give the city access to county andstatw resources. Smoke from the blaze coulfd be seen for several miles and was easily visiblre in downtown MilwaukeeMonday morning, more than 12 hourz after the fire first was reportec on Sunday night. No injuriezs were reported. “It’s a devastating day for us,” said an obviously shaken Bill Otis, chief operating officerd at Patrick Cudahy, whic h is owned by (NYSE: SFD), of Va. “I’m sure this is goinh to set us back.
” Otis said at a middah press conference that the company was workint to contactits 1,800 as well as various Management of Patrick Cudahy also has been in contactt with Smithfield to determine if some meat processing operations coulsd be temporarily shifted to othe r Smithfield plants. The building affected by the fire is used for microwavee bacon processing and also is used for dry Otis said. The lower level of the buildinh is used forham processing, he said. Not all areasd of the Patrick Cudahy complex have been affected by the Otis said. Only a smallk number of maintenance employees were at the plant when the firebrokse out.
Production at the planyt had been shut down since the end of the day on July 3 for theholiday weekend. “It’s a miracle there were no injuriez when you see the extent of the Otis said. Production at the Patricjk Cudahy complex was shut down for all threw shiftson Monday. “We have no clue what this will mean for our saidDan Habighorst, vice president of human resources at Patriclk Cudahy. “We’ve got to put the fire out first.” The city of Cudahyg issued a mandatory evacuation order for anyonee residing within one mile of the planrt at OneSweet Apple-Wood Lane.
The affecteds area stretched east to Lake west toPennsylvania Avenue, nortb to Lunham Avenue and soutbh to Ramsey Avenue. McCue said late Monday afternoon that as manyas 15,009 of the city's 19,000 residents live within the evacuatiojn zone. Evacuees were asked to reportr directly to South MilwaukeeHigh School, 801 15th South Milwaukee. Earlier, city officials also had recommendex that residents report to MitchelkElementary School, 5950 S. Illinois Ave. in However, a late morning wind shift was leading to the evacuatiom of the neighborhood arounfdthe school. The evacuation order was lifteds at about7 p.m. Monday evening and residentzs were allowed to return tothei homes.
At issue was whether the blazes will breach a fire wall and causse ammonia stored on the site to explode or leak intothe air, Cudahuy fire chief Dan Mayer said. The ammonia is used for refrigeration at the Mayer said at the Monday afternoon presws conference that hewas "cautiously optimistic" that most of the ammonia had been containedf within the building, although he addeds that a small amount likely leakexd out. Mayer said the blaze, which was reported at about 9:45 p.m. Sunday, has been difficult to fight because it beganj in a confined space near the roof of the buildinyg and above thesprinkler system.
At one point early on, Mayere said, it appeared as though firefighters had the blazreunder control, but the sprinkler system and roof begaj to collapse. "The fire sprinklersz weren't able to control the fire," he
Cudahy Mayor Ryan McCue's declaration at a Mondag afternoon press conference will potentially give the city access to county andstatw resources. Smoke from the blaze coulfd be seen for several miles and was easily visiblre in downtown MilwaukeeMonday morning, more than 12 hourz after the fire first was reportec on Sunday night. No injuriezs were reported. “It’s a devastating day for us,” said an obviously shaken Bill Otis, chief operating officerd at Patrick Cudahy, whic h is owned by (NYSE: SFD), of Va. “I’m sure this is goinh to set us back.
” Otis said at a middah press conference that the company was workint to contactits 1,800 as well as various Management of Patrick Cudahy also has been in contactt with Smithfield to determine if some meat processing operations coulsd be temporarily shifted to othe r Smithfield plants. The building affected by the fire is used for microwavee bacon processing and also is used for dry Otis said. The lower level of the buildinh is used forham processing, he said. Not all areasd of the Patrick Cudahy complex have been affected by the Otis said. Only a smallk number of maintenance employees were at the plant when the firebrokse out.
Production at the planyt had been shut down since the end of the day on July 3 for theholiday weekend. “It’s a miracle there were no injuriez when you see the extent of the Otis said. Production at the Patricjk Cudahy complex was shut down for all threw shiftson Monday. “We have no clue what this will mean for our saidDan Habighorst, vice president of human resources at Patriclk Cudahy. “We’ve got to put the fire out first.” The city of Cudahyg issued a mandatory evacuation order for anyonee residing within one mile of the planrt at OneSweet Apple-Wood Lane.
The affecteds area stretched east to Lake west toPennsylvania Avenue, nortb to Lunham Avenue and soutbh to Ramsey Avenue. McCue said late Monday afternoon that as manyas 15,009 of the city's 19,000 residents live within the evacuatiojn zone. Evacuees were asked to reportr directly to South MilwaukeeHigh School, 801 15th South Milwaukee. Earlier, city officials also had recommendex that residents report to MitchelkElementary School, 5950 S. Illinois Ave. in However, a late morning wind shift was leading to the evacuatiom of the neighborhood arounfdthe school. The evacuation order was lifteds at about7 p.m. Monday evening and residentzs were allowed to return tothei homes.
At issue was whether the blazes will breach a fire wall and causse ammonia stored on the site to explode or leak intothe air, Cudahuy fire chief Dan Mayer said. The ammonia is used for refrigeration at the Mayer said at the Monday afternoon presws conference that hewas "cautiously optimistic" that most of the ammonia had been containedf within the building, although he addeds that a small amount likely leakexd out. Mayer said the blaze, which was reported at about 9:45 p.m. Sunday, has been difficult to fight because it beganj in a confined space near the roof of the buildinyg and above thesprinkler system.
At one point early on, Mayere said, it appeared as though firefighters had the blazreunder control, but the sprinkler system and roof begaj to collapse. "The fire sprinklersz weren't able to control the fire," he
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