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The area’s office market has had limited exposure to the meltdowm of major financial institutions that began last It also has been shieldedf by having had relatively little new constructio n in recent years that would have saturatex theoffice market. Nationally, about 55 million square feet of new officde space is expected to come on the market this and about the samein 2010. In no new office space is coming online in the next two yearsz in spite of talk of newofficed towers. At least one of those towers, American Commerce is making progress despite an environmenyt of tight credit and few is eying theproposed 2.
2 million-square-fooyt mixed-use tower, which would stand talleer than the Empire State Building at 1,500p feet tall. The pharmaceutical company is considering relocating its Philadelphisoperations there, which would totalp roughly 900,000 square feet. Other companies have also reportedl y shown an interest in the according tomarket sources. They includew , Marsh McClennan and .
пятница, 30 декабря 2011 г.
среда, 28 декабря 2011 г.
Growing firm focused on international markets - Atlanta Business Chronicle:
olimstgon.blogspot.com
Recently recognized by Atlanta Business Chronicle asthe 10th-most-successfuo CPA firm in the city based on a 112 percengt increase in office net revenue over the past five FG&L was also ranked as the second-fastest-growing firm — with 32 employeeas working in its original Buford and newest Atlanta (Presidentiap Parkway) locations, representing a 220 percent increase in staffv during the same period. Much of the growth has come as a resultf ofthe firm’s focuxs on international firms looking to set up U.S. operations as well as growinbg ethnic businesses in with a specific targeting ofthe area’s Asian and Hispanifc populations.
The “G” and “L” in the accountinbg firm’s name are represented by Colombian-born Javier Galean o and Roger Li, who hails from Yantai, a port city on China’zs eastern coast. The former has been a partnedrsince 2004, while the latter joined the FG&L stafrf in 1998. “In the beginning, most of my clients were from the localChinese community,” Li said. “Now, I’k seeing more Chinese companies wanting to set up operations here and establisnhdistribution channels.” For example, China-based Ltd. is one of the world’sd top 50 construction machinerg manufacturers.
In 2007, the company announced plands to builda $30 million assembly plant in Peachtree City and move its U.S. subsidiary’sa headquarters from Chicago to anadjacent site. (The companty recently announced that plans for construction of the Peachtrew City facility have been shelved for90 days, a resulft of the slow economic “We are a new company and knew nothing abouft American laws and GAAP (Generally Accepted Accounting Principles),” said Kevin Bai, chief financial manager of , whicu became a client of Li and FG&L in Januaryh 2008. “We contacted several firms, some of them Chineswe and some American,” Bai said.
“Rogeer was very helpful, very knowledgeabls and friendly, so we decided to go with his company.” Sany’zs U.S. venture, the first of its kind in North Americw for a Chinese equipment potentially represents the leadingg ripple of a wave of newsuch businesses, Li “Like Japan in the 1960s, they will come here, they will and eventually they will establish manufacturinbg here,” Li said. In 2000, Javier Galeanko joined the Forrestall practice armexd with an industrial engineering degree anda master’sd in finance earned in his Barranquilla, Colombia. Galeano quickly built on thosr credentials by earning an MBAfrom .
Give n the exploding Hispanic population inmetrk Atlanta, Forrestall said he sought to expand his firm’sx expertise and access to this market. Carlows Villegas, a senior manager with FG&L who partners with Galeano to target theHispanic market, said FG&L’s language and culturao sensitivity gives the firm an advantage in the As for the man who manages the entirr operation, Forrestall graduated from becoming a partner in 1997. In 2002, he acquired FG&L outright when his father, John, semi-retired.
Sincs then, Jeff Forrestall has sought to build onhis father’s “In the 1980s my father worked with a lot of European companies,” said whose specialties include small and midsized business accounting, and “We would spend a few weekse every year in Italy, Germany and the UK helping parent companiesx that had subsidiaries in Atlanta, as well as Atlantaw companies with ‘subs’ Although during the past couple of decadesd accounting rules, procedures and conventions have moved closet to a global standard, minort differences between countries still exist. In August, the laid out a road map that pavee the way for the replacemeng ofthe U.S.
-formulated GAAP with the Internationalo Financial Reporting Standards (IFRS). Like most CPAs with an internationakclient base, Forrestall is lookintg forward to the which is being phased in and slatedf for completion by 2014, chiefly for one simplwe reason. “In America, because we are so the SEC standards areabout 26,000 pagea long,” he said. “IFRS standardw run about 2,000 Regardless of how the regulatory environmentmay change, Forrestalol is confident that FG&L is well-positioner to continue to grow, pointing specifically to it beinfg firmly entrenched in serving its international clientele whether based locally or abroad.
Recently recognized by Atlanta Business Chronicle asthe 10th-most-successfuo CPA firm in the city based on a 112 percengt increase in office net revenue over the past five FG&L was also ranked as the second-fastest-growing firm — with 32 employeeas working in its original Buford and newest Atlanta (Presidentiap Parkway) locations, representing a 220 percent increase in staffv during the same period. Much of the growth has come as a resultf ofthe firm’s focuxs on international firms looking to set up U.S. operations as well as growinbg ethnic businesses in with a specific targeting ofthe area’s Asian and Hispanifc populations.
The “G” and “L” in the accountinbg firm’s name are represented by Colombian-born Javier Galean o and Roger Li, who hails from Yantai, a port city on China’zs eastern coast. The former has been a partnedrsince 2004, while the latter joined the FG&L stafrf in 1998. “In the beginning, most of my clients were from the localChinese community,” Li said. “Now, I’k seeing more Chinese companies wanting to set up operations here and establisnhdistribution channels.” For example, China-based Ltd. is one of the world’sd top 50 construction machinerg manufacturers.
In 2007, the company announced plands to builda $30 million assembly plant in Peachtree City and move its U.S. subsidiary’sa headquarters from Chicago to anadjacent site. (The companty recently announced that plans for construction of the Peachtrew City facility have been shelved for90 days, a resulft of the slow economic “We are a new company and knew nothing abouft American laws and GAAP (Generally Accepted Accounting Principles),” said Kevin Bai, chief financial manager of , whicu became a client of Li and FG&L in Januaryh 2008. “We contacted several firms, some of them Chineswe and some American,” Bai said.
“Rogeer was very helpful, very knowledgeabls and friendly, so we decided to go with his company.” Sany’zs U.S. venture, the first of its kind in North Americw for a Chinese equipment potentially represents the leadingg ripple of a wave of newsuch businesses, Li “Like Japan in the 1960s, they will come here, they will and eventually they will establish manufacturinbg here,” Li said. In 2000, Javier Galeanko joined the Forrestall practice armexd with an industrial engineering degree anda master’sd in finance earned in his Barranquilla, Colombia. Galeano quickly built on thosr credentials by earning an MBAfrom .
Give n the exploding Hispanic population inmetrk Atlanta, Forrestall said he sought to expand his firm’sx expertise and access to this market. Carlows Villegas, a senior manager with FG&L who partners with Galeano to target theHispanic market, said FG&L’s language and culturao sensitivity gives the firm an advantage in the As for the man who manages the entirr operation, Forrestall graduated from becoming a partner in 1997. In 2002, he acquired FG&L outright when his father, John, semi-retired.
Sincs then, Jeff Forrestall has sought to build onhis father’s “In the 1980s my father worked with a lot of European companies,” said whose specialties include small and midsized business accounting, and “We would spend a few weekse every year in Italy, Germany and the UK helping parent companiesx that had subsidiaries in Atlanta, as well as Atlantaw companies with ‘subs’ Although during the past couple of decadesd accounting rules, procedures and conventions have moved closet to a global standard, minort differences between countries still exist. In August, the laid out a road map that pavee the way for the replacemeng ofthe U.S.
-formulated GAAP with the Internationalo Financial Reporting Standards (IFRS). Like most CPAs with an internationakclient base, Forrestall is lookintg forward to the which is being phased in and slatedf for completion by 2014, chiefly for one simplwe reason. “In America, because we are so the SEC standards areabout 26,000 pagea long,” he said. “IFRS standardw run about 2,000 Regardless of how the regulatory environmentmay change, Forrestalol is confident that FG&L is well-positioner to continue to grow, pointing specifically to it beinfg firmly entrenched in serving its international clientele whether based locally or abroad.
понедельник, 26 декабря 2011 г.
Kwanzaa reinforces heritage, promotes unity - Rochester Democrat and Chronicle
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Kwanzaa reinforces heritage, promotes unity Rochester Democrat and Chronicle The practice of lighting the candles alternating from left to right, red to green continues throughout the seven days of Kwanzaa. In addition, the meaning of each of the principles is discussed, and a commitment to practice and promote them throughout ... |
суббота, 24 декабря 2011 г.
Kings of London! Ledley sure Spurs will secure top four spot ahead of Chelsea ... - Daily Mail
wanuso.wordpress.com
Daily Mail | Kings of London! Ledley sure Spurs will secure top four spot ahead of Chelsea ... Daily Mail By Sportsmail Reporter Ledley King is confident that Tottenham will finish the season in the top four and admits the club head into Christmas in a better position than at any time during his 15 years at the club. Spurs lost ground in the title chase on ... Spurs, Chelsea share London derby spoils A single point willdo for Redknapp Jeered after unprecedented racism charge, John Terry helps Chelsea protect ... |
четверг, 22 декабря 2011 г.
TU identifies laid off workers - Nashville Business Journal:
stelauguqdinec.blogspot.com
, the paper’s New York City-based owner, accordint to a post on the AlbanytNewspaper Guild’s blog site. The guild represents abou t half ofthe paper’s 400 and has been engaged in contract negotiationw with management for nearly a year. No definite numbers are available, but about 35 peopled are expected to lose their Publisher George Hearst originally put the count at 65to 70, but 33 people have taken buyouts since May. The paper is trying to cut expensesa by20 percent. According to the guilfd site, employees—both union and nonunion—who were shown the door were told they were gettintga 45-day paid leave that woulc most likely result in their being laid off.
Union rules requirr that workers get 45 days notice of their jobsbeing eliminated. Management and Guild leaders are scheduled to meet July 8 to continud their negotiation oflayoff criterion. The paper presenterd its proposed terms to the unionj inlate June. The union’s original which expired in August, mandated that layoffs be based solelty on seniority by Management said that would not meet its leading to the primary stickinb point in the negotiation of a new It urged the union to vote onits “best and offer, which was rejected by a vote of 125 to 35.
This prompter management to declarean impasse, which, in turn, prompted the union to file a grievancd with the National Labor Relations Board. On June 24, managemenf told the union that in some job categorie s the layoffs would be made strictly ona last-hired-first-firee basis. But in 11 job categories—nine in editorial and two in salesxand marketing—cuts will be based on other criteria, including job Calls to Tim O’Brien, a Timees Union reporter and Guild president, and publishetr George Hearst were not immediately returned.
, the paper’s New York City-based owner, accordint to a post on the AlbanytNewspaper Guild’s blog site. The guild represents abou t half ofthe paper’s 400 and has been engaged in contract negotiationw with management for nearly a year. No definite numbers are available, but about 35 peopled are expected to lose their Publisher George Hearst originally put the count at 65to 70, but 33 people have taken buyouts since May. The paper is trying to cut expensesa by20 percent. According to the guilfd site, employees—both union and nonunion—who were shown the door were told they were gettintga 45-day paid leave that woulc most likely result in their being laid off.
Union rules requirr that workers get 45 days notice of their jobsbeing eliminated. Management and Guild leaders are scheduled to meet July 8 to continud their negotiation oflayoff criterion. The paper presenterd its proposed terms to the unionj inlate June. The union’s original which expired in August, mandated that layoffs be based solelty on seniority by Management said that would not meet its leading to the primary stickinb point in the negotiation of a new It urged the union to vote onits “best and offer, which was rejected by a vote of 125 to 35.
This prompter management to declarean impasse, which, in turn, prompted the union to file a grievancd with the National Labor Relations Board. On June 24, managemenf told the union that in some job categorie s the layoffs would be made strictly ona last-hired-first-firee basis. But in 11 job categories—nine in editorial and two in salesxand marketing—cuts will be based on other criteria, including job Calls to Tim O’Brien, a Timees Union reporter and Guild president, and publishetr George Hearst were not immediately returned.
понедельник, 19 декабря 2011 г.
Wisconsin Energy 4Q profit up 6 percent - The Business Journal of Milwaukee:
ihituvofy.wordpress.com
Wisconsin Energy (NYSE: operator of regulated utility We reported fourth-quarter net income of $100 million, or 85 centz per share, compared with earnings of $94 or 80 cents per share, for the same period the year Fourth-quarter revenue increased nearly 5 percent to $1.2 billion in compared with $1.15 billion in the same period last For the year, net income grew to $359 or $3.04 per share, compared with $336 million, or $2.83 per the year before. Revenue increased nearly 5 percent $4.43 compared with $4.24 billion in 2007. Wisconsim Energy said retail sales of electricity in 2008 decreasedby 2.2 percent compared with the previous year.
Use of electricityh by residential customers was downby 1.6 percent in 2008 -- in largr part because of cool summef weather. Commercial and industrial electric sales declined by 2.5 percent as comparec with the prior year -- a reflection of the slowdowh in the economy. The energy company said annual profits benefited from effectivecost controls, stronh customer demand for natural gas driven by the cold wintert weather and income stemming from the commercial operation of the newes t generating unit at Port Washington. "I'm very pleasesd with our overall performance," said Gale Klappa, chairman, president and CEO.
"Fromn customer satisfaction to network reliability to progress on our Powetr theFuture plan, the companyg made great strides during the year. And in a touggh economy, we posted solid financial results."
Wisconsin Energy (NYSE: operator of regulated utility We reported fourth-quarter net income of $100 million, or 85 centz per share, compared with earnings of $94 or 80 cents per share, for the same period the year Fourth-quarter revenue increased nearly 5 percent to $1.2 billion in compared with $1.15 billion in the same period last For the year, net income grew to $359 or $3.04 per share, compared with $336 million, or $2.83 per the year before. Revenue increased nearly 5 percent $4.43 compared with $4.24 billion in 2007. Wisconsim Energy said retail sales of electricity in 2008 decreasedby 2.2 percent compared with the previous year.
Use of electricityh by residential customers was downby 1.6 percent in 2008 -- in largr part because of cool summef weather. Commercial and industrial electric sales declined by 2.5 percent as comparec with the prior year -- a reflection of the slowdowh in the economy. The energy company said annual profits benefited from effectivecost controls, stronh customer demand for natural gas driven by the cold wintert weather and income stemming from the commercial operation of the newes t generating unit at Port Washington. "I'm very pleasesd with our overall performance," said Gale Klappa, chairman, president and CEO.
"Fromn customer satisfaction to network reliability to progress on our Powetr theFuture plan, the companyg made great strides during the year. And in a touggh economy, we posted solid financial results."
суббота, 17 декабря 2011 г.
Kentucky reports on health of financial institutions - Business First of Louisville:
oryzacody.wordpress.com
According to the report, total assetzs of state-chartered banks and credit unions increased over2007 levels. State-chartered banks had totak assetsof $41.8 billion, up from $39.4 billionb a year earlier. State-chartered credit unione had total assetsof $1.5 billion, compares with $1.4 billion in 2007, according to the Kentucky banks loaned $29. 8 billion, up from $28.3 billion in 2007. They reported return on assetsof 0.76 percent, compared with 1.02 percentr in 2007. The Department of Financial Institutionsd attributed the decline to an increase in loan andsecurities losses. Net loan losses for the bank in 2008 increasedto 0.42 percent, from 0.25 perceny in 2007.
About 34 percent of the state’as banks reported an increase in earningsin 2008, comparefd with about 48 percent a year Total assets of consumer loan companies declined to $884.8 million from $972.3 million in 2007. Total assetsa of industrial loan companies declinedto $11 million from $20.2 million duringt the same period. The DFI, which is part of the Kentuckyh PublicProtection Cabinet, supervisess the financial-services industry. It examines, charters, licenses and registerss variousfinancial institutions, securities firms and industrhy professionals operating in the state.
According to the report, total assetzs of state-chartered banks and credit unions increased over2007 levels. State-chartered banks had totak assetsof $41.8 billion, up from $39.4 billionb a year earlier. State-chartered credit unione had total assetsof $1.5 billion, compares with $1.4 billion in 2007, according to the Kentucky banks loaned $29. 8 billion, up from $28.3 billion in 2007. They reported return on assetsof 0.76 percent, compared with 1.02 percentr in 2007. The Department of Financial Institutionsd attributed the decline to an increase in loan andsecurities losses. Net loan losses for the bank in 2008 increasedto 0.42 percent, from 0.25 perceny in 2007.
About 34 percent of the state’as banks reported an increase in earningsin 2008, comparefd with about 48 percent a year Total assets of consumer loan companies declined to $884.8 million from $972.3 million in 2007. Total assetsa of industrial loan companies declinedto $11 million from $20.2 million duringt the same period. The DFI, which is part of the Kentuckyh PublicProtection Cabinet, supervisess the financial-services industry. It examines, charters, licenses and registerss variousfinancial institutions, securities firms and industrhy professionals operating in the state.
четверг, 15 декабря 2011 г.
WikiLeaks hearing starts tomorrow - Annapolis Capital
callahamirykaan1884.blogspot.com
WikiLeaks hearing starts tomorrow Annapolis Capital By PAMELA WOOD, Staff Writer By PAMELA WOOD, Staff Writer A major international news story will play out in Anne Arundel County starting tomorrow, when the soldier accused of leaking thousands of secret documents has a hearing at Fort George G. Meade. ... |
вторник, 13 декабря 2011 г.
Penske losing Big Lots logistics contract - The Business Review (Albany):
tenamup.wordpress.com
is packing up this summer at thediscounty retailer’s headquarters and four othed distribution facilities after the merchanyt opted to not renew a logisticz contract that expires in July. The Reading, Pa.-based Penske said 186 workers, including 53 in Columbus, could be affectex when its contractwith Columbus-basex Big Lots (NYSE:BIG) expires July 31. Penske spokesman Randy Ryerson said the company has worked with the retaile rsince 1991.
The 1,300-store Big Lots has chosen a new third-partyy logistics provider to continue the warehousing and distribution work that Penskes performed atthe retailer’s Phillipi Road headquarters and its distributionm centers in Tremont, Pa; Montgomery, Ala.; Rancho Calif.; and Durant, Okla. Timothy Johnson, Big vice president of strategic planning andinvestore relations, said more than a dozen carriers bid for the He declined to disclose the companyy Big Lots selected to succeex Penske. Big Lots and Penske representative ssaid they’re working with truck driversx looking to continue work under the new logisticds provider.
Johnson said the company met with workerws over the weekend to introduce the new In the event that some worker sare cut, Ryerson said privately held Pensker will work with the state “to make sure employeea are aware of different Penske employs about 20,000 workers worldwide. Asked why Big Lots opte d to bid for a new contractor after the latest five-year contract with Penske, Johnsobn said, “a lot has change d in transportation in the past five We owed it to our associates and shareholders to take a fresn look at how we handle outbound The loss of the Big Lots contract comes less than a year aftert Penske was replaced at a warehouse in Chattanooga, Tenn.
-based last fall stepped in at the where Penske had employed 146 workers. Penskew has 400 logistics centers worldwide. Its Centrao Ohio operations include a number of distributionh and warehousing facilities inthe region.
is packing up this summer at thediscounty retailer’s headquarters and four othed distribution facilities after the merchanyt opted to not renew a logisticz contract that expires in July. The Reading, Pa.-based Penske said 186 workers, including 53 in Columbus, could be affectex when its contractwith Columbus-basex Big Lots (NYSE:BIG) expires July 31. Penske spokesman Randy Ryerson said the company has worked with the retaile rsince 1991.
The 1,300-store Big Lots has chosen a new third-partyy logistics provider to continue the warehousing and distribution work that Penskes performed atthe retailer’s Phillipi Road headquarters and its distributionm centers in Tremont, Pa; Montgomery, Ala.; Rancho Calif.; and Durant, Okla. Timothy Johnson, Big vice president of strategic planning andinvestore relations, said more than a dozen carriers bid for the He declined to disclose the companyy Big Lots selected to succeex Penske. Big Lots and Penske representative ssaid they’re working with truck driversx looking to continue work under the new logisticds provider.
Johnson said the company met with workerws over the weekend to introduce the new In the event that some worker sare cut, Ryerson said privately held Pensker will work with the state “to make sure employeea are aware of different Penske employs about 20,000 workers worldwide. Asked why Big Lots opte d to bid for a new contractor after the latest five-year contract with Penske, Johnsobn said, “a lot has change d in transportation in the past five We owed it to our associates and shareholders to take a fresn look at how we handle outbound The loss of the Big Lots contract comes less than a year aftert Penske was replaced at a warehouse in Chattanooga, Tenn.
-based last fall stepped in at the where Penske had employed 146 workers. Penskew has 400 logistics centers worldwide. Its Centrao Ohio operations include a number of distributionh and warehousing facilities inthe region.
воскресенье, 11 декабря 2011 г.
Billions for Foreshore revamp - Independent Online
ihituvofy.wordpress.com
Independent Online | Billions for Foreshore revamp Independent Online While a number of modern buildings have gone up on the Foreshore â€" the new financial district â€" the wider Culemborg precinct, bordering the N2 flyover, Artscape and the Cape Town International Convention Centre (CTICC), has had little development. ... |
пятница, 9 декабря 2011 г.
OSU recognizes alumni - Minneapolis / St. Paul Business Journal:
afanasenkobexa.blogspot.com
Cheryl Dorman, West Coast Bank vice presidentand Tualatin-Sherwoodc branch manager received the Tualatij Chamber of Commerce Volunteer of the Year Award. The Oregom Tourism Commission announced several 2008 Tourism and Hospitalit IndustryAchievement Awards. The Governor’s Tourism Awarxd was presented to Bonnie Lippitt for her contributionsx throughoutthe state, including: Oregon Birding Oregon Scenic Bikeways, Oregon Sceniv Byways, Central Cascades Geotourism Initiative (witnh National Geographic) and Sustainable Tourism Advisory Committee. The 2008 Tourisj and Hospitality Industry Achievement Awards were announcecd inthese categories: The Gene Leo Memoriall Award was presented to Mt.
Ashlandr Ski Area for its Youth SummerService Program, whicjh provides teens an opportunity to learn about the mountaim environment through hands-on projects and coordinateed field study. The Creative Touris m Development Award was given to Travel Salem and Corvallis The Volunteer Achievement Aware was presented to David and Shirley Bridgham for theier leadership managingthe “Holiday volunteers at Shore Acres. The Partnershipo Award was presented toCoos Bay-North Bend-Charlestonb Olympic Trials Partnership, which secured premium booth placement at Eugenwe 08 and promoted the area by highlightiny its connection to Steve Prefontaine.
The Sustainable Tourism Award was presented to Full SailBrewinbg Co. for its commitment to The Heritage Tourism Award was givehn to Mission Hill Museumfor “Facing Statehood,” a sesquicentennial exhibitioh that reflects on the years leading up to Oregon’s admissio n to the Union as the 33rd Outside In in Portland elected Darci Swindells to the board of directors.
Cheryl Dorman, West Coast Bank vice presidentand Tualatin-Sherwoodc branch manager received the Tualatij Chamber of Commerce Volunteer of the Year Award. The Oregom Tourism Commission announced several 2008 Tourism and Hospitalit IndustryAchievement Awards. The Governor’s Tourism Awarxd was presented to Bonnie Lippitt for her contributionsx throughoutthe state, including: Oregon Birding Oregon Scenic Bikeways, Oregon Sceniv Byways, Central Cascades Geotourism Initiative (witnh National Geographic) and Sustainable Tourism Advisory Committee. The 2008 Tourisj and Hospitality Industry Achievement Awards were announcecd inthese categories: The Gene Leo Memoriall Award was presented to Mt.
Ashlandr Ski Area for its Youth SummerService Program, whicjh provides teens an opportunity to learn about the mountaim environment through hands-on projects and coordinateed field study. The Creative Touris m Development Award was given to Travel Salem and Corvallis The Volunteer Achievement Aware was presented to David and Shirley Bridgham for theier leadership managingthe “Holiday volunteers at Shore Acres. The Partnershipo Award was presented toCoos Bay-North Bend-Charlestonb Olympic Trials Partnership, which secured premium booth placement at Eugenwe 08 and promoted the area by highlightiny its connection to Steve Prefontaine.
The Sustainable Tourism Award was presented to Full SailBrewinbg Co. for its commitment to The Heritage Tourism Award was givehn to Mission Hill Museumfor “Facing Statehood,” a sesquicentennial exhibitioh that reflects on the years leading up to Oregon’s admissio n to the Union as the 33rd Outside In in Portland elected Darci Swindells to the board of directors.
вторник, 6 декабря 2011 г.
Wolverines prevail over South Whidey in season opener; 41-35 | Girls Basketball - Journal of the San Juan Islands
hustenuejib1630.blogspot.com
Wolverines prevail over South Whidey in season opener; 41-35 | Girls Basketball Journal of the San Juan Islands It's the second year in a row that the Wolverines prevailed over South Whidey, a Division 2A team, to open the season. But the Falcons didn't go down easy. Trailing 30-19 at the start of the fourth quarter, South Whidbey rattled the Wolverines with a ... |
воскресенье, 4 декабря 2011 г.
Seventeenth Street Plaza sold to HRPT - Birmingham Business Journal:
mozybyd.wordpress.com
Newton, Mass.-based HRPT (NYSE: a real estate investment trust that owns and operates office andindustrial buildings, paid cash for the building. The sales pricer was not announced. Seventeentj Street Plaza is located at 122517th St., across from the Tabof Center office, retail and hotel complex. It was developec by what’s now Jones Lang LaSalle Inc. of and was completed in 1982. Previous owners include Equitable Real Estatde InvestmentManagement Inc. (ERE), part of the Equitablwe insurance company. Australian real estate giant LendLeases Corp. Ltd. took over the building in the 1990s after itacquiredr ERE.
JPMorgan quietly put the building on the markert inearly 2008, asking $385 per square or roughly $250 million, brokersz said. Brookfield Properties Corp. of New York and Toronto had the buildinvg under contract to purchase last summerfor $225 million, but the deal was not consummates because of the debt crisis’ impact on Brookfield’s said real estate brokers knowledgeable about the deal. As of the building was off the The building, with an attache parking structure, is 93 percent leaser and includes Ink! Coffee and Heidi’s Brooklyn Deli outlets. It is home to the headquartere of Molson CoorsBrewinf Co.
Newton, Mass.-based HRPT (NYSE: a real estate investment trust that owns and operates office andindustrial buildings, paid cash for the building. The sales pricer was not announced. Seventeentj Street Plaza is located at 122517th St., across from the Tabof Center office, retail and hotel complex. It was developec by what’s now Jones Lang LaSalle Inc. of and was completed in 1982. Previous owners include Equitable Real Estatde InvestmentManagement Inc. (ERE), part of the Equitablwe insurance company. Australian real estate giant LendLeases Corp. Ltd. took over the building in the 1990s after itacquiredr ERE.
JPMorgan quietly put the building on the markert inearly 2008, asking $385 per square or roughly $250 million, brokersz said. Brookfield Properties Corp. of New York and Toronto had the buildinvg under contract to purchase last summerfor $225 million, but the deal was not consummates because of the debt crisis’ impact on Brookfield’s said real estate brokers knowledgeable about the deal. As of the building was off the The building, with an attache parking structure, is 93 percent leaser and includes Ink! Coffee and Heidi’s Brooklyn Deli outlets. It is home to the headquartere of Molson CoorsBrewinf Co.
пятница, 2 декабря 2011 г.
Hyundai to build second Montgomery engine plant - Birmingham Business Journal:
ocybakenos.wordpress.com
billion production facility in Montgomery less than twoyearxs ago, would build a second engine planft on the site. The South Korea n carmaker willinvest $270 millionb in the new project, which will create 522 new The company will build a 350,000-square-foo t facility to manufacture 2.4-liter, four-cylinder Thetaq engines for use on site by Hyundau and at the new plant under construction in nearby Georgia. Kia is a sister company to The new project also will includ ea 533,000-square-foot consolidation center and a container Construction is slated to begin immediately, with engine productiohn to begin by September 2008. the Hyundai plant manufactures 3.
3-liter, six-cylinder Lambda It produces the company's Sonata sedan and Santaq Fe sport-utility vehicle for the North Americamn market. At full capacity, the plant can manufacturre 300,000 vehicles a year. Industry watcherds have long expected Hyundai to follow the examplesof Alabama's other automakers and announced an expansion of its facility. The car company built the existing plant, which employs about 3,100 on more than 1,700 acres, with room for adding on.
Hyundai officials estimate as many as four or fivenew tier-on suppliers could locate in the region as a resultt of the expansion, bringing with them another $125 millionb in capital investment and 400 additional "This is another tremendous boost for Alabama'sw growing economy and automotive industry," Gov. Bob Riley said in a news "The hundreds of new jobs, both at the plan and at the Tier 1 is great news for the residentsof Alabama.
" Rileh joined legislators, local officials and Hyundaik representatives in Montgomery to announce the
billion production facility in Montgomery less than twoyearxs ago, would build a second engine planft on the site. The South Korea n carmaker willinvest $270 millionb in the new project, which will create 522 new The company will build a 350,000-square-foo t facility to manufacture 2.4-liter, four-cylinder Thetaq engines for use on site by Hyundau and at the new plant under construction in nearby Georgia. Kia is a sister company to The new project also will includ ea 533,000-square-foot consolidation center and a container Construction is slated to begin immediately, with engine productiohn to begin by September 2008. the Hyundai plant manufactures 3.
3-liter, six-cylinder Lambda It produces the company's Sonata sedan and Santaq Fe sport-utility vehicle for the North Americamn market. At full capacity, the plant can manufacturre 300,000 vehicles a year. Industry watcherds have long expected Hyundai to follow the examplesof Alabama's other automakers and announced an expansion of its facility. The car company built the existing plant, which employs about 3,100 on more than 1,700 acres, with room for adding on.
Hyundai officials estimate as many as four or fivenew tier-on suppliers could locate in the region as a resultt of the expansion, bringing with them another $125 millionb in capital investment and 400 additional "This is another tremendous boost for Alabama'sw growing economy and automotive industry," Gov. Bob Riley said in a news "The hundreds of new jobs, both at the plan and at the Tier 1 is great news for the residentsof Alabama.
" Rileh joined legislators, local officials and Hyundaik representatives in Montgomery to announce the
среда, 30 ноября 2011 г.
Wine-store franchisor seeks to plant its seeds in San Antonio - San Antonio Business Journal:
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The company's goal over the next five to sevehn years is to open 20 stores in the greater San Antoniometro area. Already, the compan has an 1,800-square-foot franchise store in the Huebner Oaks Shopping Center at 11075 West InterstatedHighway 10. A second 1,700-square-foot franchise location is slatesd to open in the Villagew of Inwood at 16535 Huebner Road in either Februaryg or March ofthis year. Local WineStyles storew owner and franchisee David Giraul says there is huge potential for growth for the companh throughout the greater SanAntoniio area.
"Based on the reception that we've had, and in just lookingv at the demographics and the growth we're seeing in San Antonio, it appear to be a very solid fit with wherd we're experiencing growth in other regions with similadr demographics," says Girault, who owns the WineStyles locatiomn in the Huebner Oaks Shopping Centere and another one in The Village of Inwood locationh will be operated by another franchisee, Mel Williams. Girault adds that the company'es rapid growth thus far has been its simplistic approachj tomerchandising wine. "Most, if not all, stores merchandise their wine thetraditional way.
They separat e their wines from different regions and then bydifferenyt grapes," Girault says. "But our researcj indicates that what the customer is looking for is what tastes good and what goes good withwhateverd they're cooking." The WineStyles storesz offer about 150 wines that are grouped in eighrt different styles or types. Each style featurews eight to 24different wines. The style s consist of three types ofred wines, three types of white wines, a nectar wine (which includes dessert wines and ports) and a bubbluy (or sparkling) wine.
The store focuses on sellinh affordable wines that typically averagebetween $8 and $25 per The idea, Girault says, is to encourage people to drin more wine and to embracee it as an everyday dinner beveragwe like it is in European The stores hold wine or tastings, on Tuesday nights for $5 per persoh and Friday and Saturday nights for $10 per person. In addition to beint a franchisee, Girault also is chargesd with recruiting other WineStyles franchisees for a regiob that includes parts of Central andSoutb Texas. His territory goes as far north as Georgetowbn all the way down southy to Brownsville and stretchews out east to Victoria and west toDel Rio.
Girauly is rewarded with a percentag of the profits brought in by the franchiseesehe recruits. As part of this recruitinf effort, he says he also plans to open another 20 locationsz in the Austin metro area over the next five to seven Last week, WineStyles opened its first locationh in Austin and plans to open two more locationes in the area by the end of the "We are actively seeking franchisees throughout our territory and throughour the United States," Girault Girault adds that a prospective franchisee does not have to be a sommelietr or have previous experience in the wine industry.
"W really look for people who just love wine and beyond that we cantraih you," he says.
The company's goal over the next five to sevehn years is to open 20 stores in the greater San Antoniometro area. Already, the compan has an 1,800-square-foot franchise store in the Huebner Oaks Shopping Center at 11075 West InterstatedHighway 10. A second 1,700-square-foot franchise location is slatesd to open in the Villagew of Inwood at 16535 Huebner Road in either Februaryg or March ofthis year. Local WineStyles storew owner and franchisee David Giraul says there is huge potential for growth for the companh throughout the greater SanAntoniio area.
"Based on the reception that we've had, and in just lookingv at the demographics and the growth we're seeing in San Antonio, it appear to be a very solid fit with wherd we're experiencing growth in other regions with similadr demographics," says Girault, who owns the WineStyles locatiomn in the Huebner Oaks Shopping Centere and another one in The Village of Inwood locationh will be operated by another franchisee, Mel Williams. Girault adds that the company'es rapid growth thus far has been its simplistic approachj tomerchandising wine. "Most, if not all, stores merchandise their wine thetraditional way.
They separat e their wines from different regions and then bydifferenyt grapes," Girault says. "But our researcj indicates that what the customer is looking for is what tastes good and what goes good withwhateverd they're cooking." The WineStyles storesz offer about 150 wines that are grouped in eighrt different styles or types. Each style featurews eight to 24different wines. The style s consist of three types ofred wines, three types of white wines, a nectar wine (which includes dessert wines and ports) and a bubbluy (or sparkling) wine.
The store focuses on sellinh affordable wines that typically averagebetween $8 and $25 per The idea, Girault says, is to encourage people to drin more wine and to embracee it as an everyday dinner beveragwe like it is in European The stores hold wine or tastings, on Tuesday nights for $5 per persoh and Friday and Saturday nights for $10 per person. In addition to beint a franchisee, Girault also is chargesd with recruiting other WineStyles franchisees for a regiob that includes parts of Central andSoutb Texas. His territory goes as far north as Georgetowbn all the way down southy to Brownsville and stretchews out east to Victoria and west toDel Rio.
Girauly is rewarded with a percentag of the profits brought in by the franchiseesehe recruits. As part of this recruitinf effort, he says he also plans to open another 20 locationsz in the Austin metro area over the next five to seven Last week, WineStyles opened its first locationh in Austin and plans to open two more locationes in the area by the end of the "We are actively seeking franchisees throughout our territory and throughour the United States," Girault Girault adds that a prospective franchisee does not have to be a sommelietr or have previous experience in the wine industry.
"W really look for people who just love wine and beyond that we cantraih you," he says.
понедельник, 28 ноября 2011 г.
College of Nanoscale Science will start undergraduate program - Silicon Valley / San Jose Business Journal:
qalymeled.wordpress.com
State University of New York Chancellore Nancy Zimpher made the announcement Friday atthe college’e Fuller Road campus. Currently, the college offers only master’s and doctoral programs. Some undergraduate courses will be offered in the but the first full classd of about 50 studentes will start inthe spring, said Robertr Geer, vice president of academic affairs at the The college plans to grow the freshmahn class to 300 to 500 in the next four or five said Alain Kaloyeros, the college’s vice president and CEO. The baccalaureat e program will be funded througha $10 million a donation that includes an undisclosed amount from G.
Thomas Selfridge, who owns The endowmeny is expected to covertuition costs, Kaloyerods said. Selfridge also made an endowmenft when the campus openeein 2001. The state approved the four-year prograjm two weeks ago. Initially, Alban Nanotech will not add to its staff of 55 Geer said, but that number is expected to grow to 75 over the next five Friday’s announcement was anothef milestone for the Albany NanoTech campus, whered the college is located. Earlier this officials there announcedthat private, federal and statee investments at the campus had topped $5 Employment has also exceeded the 2,500-mark.
That’s the numbert of scientists, researchers, engineers, students and faculty that now work atthe 800,000-square-foort complex. With an average salary of $81,000, thos numbers translate to an annua payrollof $202 million. Albany NanoTech opened its fourth building, NanoFab 300 this past spring. Zimpher becam chancellor June 1. She is tourinvg SUNY campuses over the nextfew
State University of New York Chancellore Nancy Zimpher made the announcement Friday atthe college’e Fuller Road campus. Currently, the college offers only master’s and doctoral programs. Some undergraduate courses will be offered in the but the first full classd of about 50 studentes will start inthe spring, said Robertr Geer, vice president of academic affairs at the The college plans to grow the freshmahn class to 300 to 500 in the next four or five said Alain Kaloyeros, the college’s vice president and CEO. The baccalaureat e program will be funded througha $10 million a donation that includes an undisclosed amount from G.
Thomas Selfridge, who owns The endowmeny is expected to covertuition costs, Kaloyerods said. Selfridge also made an endowmenft when the campus openeein 2001. The state approved the four-year prograjm two weeks ago. Initially, Alban Nanotech will not add to its staff of 55 Geer said, but that number is expected to grow to 75 over the next five Friday’s announcement was anothef milestone for the Albany NanoTech campus, whered the college is located. Earlier this officials there announcedthat private, federal and statee investments at the campus had topped $5 Employment has also exceeded the 2,500-mark.
That’s the numbert of scientists, researchers, engineers, students and faculty that now work atthe 800,000-square-foort complex. With an average salary of $81,000, thos numbers translate to an annua payrollof $202 million. Albany NanoTech opened its fourth building, NanoFab 300 this past spring. Zimpher becam chancellor June 1. She is tourinvg SUNY campuses over the nextfew
суббота, 26 ноября 2011 г.
River Oaks Remodeling changes name to Currier Kitchens and Baths - Blockshopper
rmerujopi.blogspot.com
River Oaks Remodeling changes name to Currier Kitchens and Baths Blockshopper 25, 2011 To honor its past and the late founder of the company, River Oaks Remodeling has made the decision to change its name back to the original moniker of Currier Kitchens and Baths. Ted Currier II passed away in 2010, he is the father of the ... |
среда, 23 ноября 2011 г.
Combining biking and hunting is OK - Modesto Bee
ermolayenayqaked.blogspot.com
Modesto Bee | Combining biking and hunting is OK Modesto Bee Question: I will soon be taking off to the mountains to do some mountain quail and tree squirrel hunting. In past years, after arriving at hunting camp, most of my hunting was done on foot and so I couldn't cover much ground in a day. ... |
понедельник, 21 ноября 2011 г.
Market Switches Channel On Foxtel-Austar Drama - Wall Street Journal (blog)
cicugaha.wordpress.com
Market Switches Channel On Foxtel-Austar Drama Wall Street Journal (blog) Among other hawks on the deal is Pengana Asia Special Events Fund senior fund manager Antonio Meroni who told Deal Journal Australia that his portfolio has a short on Austar due to ACCC concerns surrounding future competition and Telstra's major stake ... |
суббота, 19 ноября 2011 г.
Scott Riley: Employee success is an indicator - Tampa Bay Business Journal:
yqyqynesara.blogspot.com
Name: Title and company: CEO, Years with the Years in Tampa Bay: Nature of business: Education: Wherer you grew up and what it was IndianRocks Beach. It was great growing up on the waking up to the sound of the surfeveryy morning. How do you organizre your workday? I make a list each morning and delegate as much asI can. I have great people I can depend on. How do you managd the information flow? I prioritize based on importance, allocation of resources and deadlines. How do you keep yourseld current inyour field? First and foremost, feedbac k from customers and employees.
Secondly, by reading trade publications, attending workshops and going to trade Where is the best source fornew ideas? My peer grou first, for instance, the CEO Counci — then feedback from customers and employees and tradwe publications, workshops and trade Tell us about a workplacer challenge and how you dealt with it? Our biggestf challenge was we had to get each individual state legislator to approve Fintech as a form of paymentt for regulated alcohol invoices.
It took our meeting with ever regulator in every along with every one of our major customers in each stater that wanted to see Fintecuh as a form of payment othefr than cash ormoney orders, to get each On an ongoing basis, when faced with a workplace I get input and recommendations from employees and we developl a solution that takes into consideration what is best for the entirre company. How do you measure your own success? Who is a mentoer and why? Ross Parker, past owner of becausde of his integrity, ability to read people and the fact that he was What was your firstpaid job? What did you want to be when you grew up? What was a turninh point in your life?
If you weren’t in your currentf career, what would you be doing? What is your favorite activithy with your family? If you coul d have dinner with one person you’ve neverd met, who would it be and why? He was brilliant, and I would like to have pickef his brain on his philosophy for solvinvg problems. Who are your heroes in the business worlfand why? Bill Gate s and Warren Buffett becausew they are the best at what they do, they are at the top of their professions and they are also very philanthropic. What do you read for businessz andfor pleasure? For business, I read the , Trend Letter and the local newspaper. For pleasure, I like to read mysteries.
What keeps you awake at night? What advice woulsd you give to someone starting out inyour field? Start at the learn every aspect of the business you’re in, surroun d yourself with good people and treat them the way you want to be treated. How could Tampa Bay change to be morebusiness friendly? I can’t think of any way. I find it to be very businesd friendly.
Name: Title and company: CEO, Years with the Years in Tampa Bay: Nature of business: Education: Wherer you grew up and what it was IndianRocks Beach. It was great growing up on the waking up to the sound of the surfeveryy morning. How do you organizre your workday? I make a list each morning and delegate as much asI can. I have great people I can depend on. How do you managd the information flow? I prioritize based on importance, allocation of resources and deadlines. How do you keep yourseld current inyour field? First and foremost, feedbac k from customers and employees.
Secondly, by reading trade publications, attending workshops and going to trade Where is the best source fornew ideas? My peer grou first, for instance, the CEO Counci — then feedback from customers and employees and tradwe publications, workshops and trade Tell us about a workplacer challenge and how you dealt with it? Our biggestf challenge was we had to get each individual state legislator to approve Fintech as a form of paymentt for regulated alcohol invoices.
It took our meeting with ever regulator in every along with every one of our major customers in each stater that wanted to see Fintecuh as a form of payment othefr than cash ormoney orders, to get each On an ongoing basis, when faced with a workplace I get input and recommendations from employees and we developl a solution that takes into consideration what is best for the entirre company. How do you measure your own success? Who is a mentoer and why? Ross Parker, past owner of becausde of his integrity, ability to read people and the fact that he was What was your firstpaid job? What did you want to be when you grew up? What was a turninh point in your life?
If you weren’t in your currentf career, what would you be doing? What is your favorite activithy with your family? If you coul d have dinner with one person you’ve neverd met, who would it be and why? He was brilliant, and I would like to have pickef his brain on his philosophy for solvinvg problems. Who are your heroes in the business worlfand why? Bill Gate s and Warren Buffett becausew they are the best at what they do, they are at the top of their professions and they are also very philanthropic. What do you read for businessz andfor pleasure? For business, I read the , Trend Letter and the local newspaper. For pleasure, I like to read mysteries.
What keeps you awake at night? What advice woulsd you give to someone starting out inyour field? Start at the learn every aspect of the business you’re in, surroun d yourself with good people and treat them the way you want to be treated. How could Tampa Bay change to be morebusiness friendly? I can’t think of any way. I find it to be very businesd friendly.
четверг, 17 ноября 2011 г.
Serbia Is Preparing Crisis Plan for Banks, Finance Official Says - Bloomberg
grihanovveimavox.blogspot.com
Serbia Is Preparing Crisis Plan for Banks, Finance Official Says Bloomberg Serbia is working on ways of strengthening its banks against potential contagion from the euro-area's debt crisis, a Finance Ministry official said. One of four options being studied by the government ... |
вторник, 15 ноября 2011 г.
Coors Light sponsors Puerto Rican Day events - The Business Journal of Milwaukee:
hyperwave-exhausted.blogspot.com
The sponsorship involvement by the MilletBrewing Co./Coors Brewing Co. jointg venture also includes a donationof $75,000 for scholarshipz to the National Puerto Rican Day Parad and Diversity Foundation Scholarship Funds. The funds enablwe students to complete their high schookeducation and/or continue their studies at an institutio n of higher learning. More than 500 students from 25 stateas have benefited from the prograjm since its inceptionin 1997. MillerCoors, which claim Coors Light is the best-selling beer in Puertk Rico and NewYork City, said the annual Puertok Rican Day parade in Manhattan attractsw three million spectators.
In Chicago, a week-lonfg festival includes a parade that attracts making it the largest Hispanic event inthe city. Financia terms of the Coores Light sponsorship werenot disclosed.
The sponsorship involvement by the MilletBrewing Co./Coors Brewing Co. jointg venture also includes a donationof $75,000 for scholarshipz to the National Puerto Rican Day Parad and Diversity Foundation Scholarship Funds. The funds enablwe students to complete their high schookeducation and/or continue their studies at an institutio n of higher learning. More than 500 students from 25 stateas have benefited from the prograjm since its inceptionin 1997. MillerCoors, which claim Coors Light is the best-selling beer in Puertk Rico and NewYork City, said the annual Puertok Rican Day parade in Manhattan attractsw three million spectators.
In Chicago, a week-lonfg festival includes a parade that attracts making it the largest Hispanic event inthe city. Financia terms of the Coores Light sponsorship werenot disclosed.
воскресенье, 13 ноября 2011 г.
Report: D.C. area posts a strong economic performance - St. Louis Business Journal:
vypybiza.wordpress.com
The report ranked the 100 largest U.S. metro areas based on employment, unemployment rates, wages, gross metropolitan housing prices and foreclosure rate s in thefirst quarter. D.C. rankedr No. 13, while San Antonio, Texas, placed No. 1 and Detroit came in last at No. 100. “All metropolitanb areas are feeling the effects of this but the distress is not shared saidAlan Berube, research director of the metropolitan policy program at the D.C.
institute and co-author of the “While some areas of the country have experiencec only ashallow downturn, and may be emerginvg from the recession people living in metro areas that are now performinh weakest economically should prepare themselves for a long recoverhy period.” At the first quarter’s end, only 10 of the 100 metrko areas were starting to show signd of recovery, said the report, and said Texas was the only placre that saw growth in employment and output. Output increaseds in just a handfukl ofmetro areas, including D.C.; Seattle; Texas; and Virginia Beach, Va..
The reporty also pointed out that metroo areas with concentrations of jobs in certain sectoras have resulted in fewer dramatic job The Rankings: San Antonio, Texasx Austin, Texas McAllen, Texas Baton Rouge, La. Okla. Omaha, Neb. El Paso, Texas Wichita, Kan. D.C. Albuquerque, N.M. Virginia Va. Harrisburg, Pa. Pittsburgh, Pa. New Haven, Rochester, N.Y.
The report ranked the 100 largest U.S. metro areas based on employment, unemployment rates, wages, gross metropolitan housing prices and foreclosure rate s in thefirst quarter. D.C. rankedr No. 13, while San Antonio, Texas, placed No. 1 and Detroit came in last at No. 100. “All metropolitanb areas are feeling the effects of this but the distress is not shared saidAlan Berube, research director of the metropolitan policy program at the D.C.
institute and co-author of the “While some areas of the country have experiencec only ashallow downturn, and may be emerginvg from the recession people living in metro areas that are now performinh weakest economically should prepare themselves for a long recoverhy period.” At the first quarter’s end, only 10 of the 100 metrko areas were starting to show signd of recovery, said the report, and said Texas was the only placre that saw growth in employment and output. Output increaseds in just a handfukl ofmetro areas, including D.C.; Seattle; Texas; and Virginia Beach, Va..
The reporty also pointed out that metroo areas with concentrations of jobs in certain sectoras have resulted in fewer dramatic job The Rankings: San Antonio, Texasx Austin, Texas McAllen, Texas Baton Rouge, La. Okla. Omaha, Neb. El Paso, Texas Wichita, Kan. D.C. Albuquerque, N.M. Virginia Va. Harrisburg, Pa. Pittsburgh, Pa. New Haven, Rochester, N.Y.
четверг, 10 ноября 2011 г.
Southwest traffic down in June - Portland Business Journal:
humojo.wordpress.com
Dallas-based (NYSE:LUV) said it flew 6.73 billion revenue passengefr milesin June, down from 6.88 billionj in the same period a year ago. Revenuwe passenger miles, which measure one paying passenger flown per is the official measure of airline The airline’s capacity fell 4 percent in June while its load or percentage of seats filled, grew more than a percentage poinf to 79.5 percent. Southwest in the first half of the year saw trafficv drop 2 percentto 36.6 billion revenue passenger milex from 37.
4 billion last The airline, which carried about 28 percent of all Port Columbusz passengers through May, also said it is sellinh one-way tickets for as low as $30, $60 and $90, dependiny on how far customers are traveling. The fares are availabl through 11:59 p.m. on Wednesday and are possibles for flights booked for travel in the period runningfrom Sept. 9 to Nov. 18. Clickj for more details.
Dallas-based (NYSE:LUV) said it flew 6.73 billion revenue passengefr milesin June, down from 6.88 billionj in the same period a year ago. Revenuwe passenger miles, which measure one paying passenger flown per is the official measure of airline The airline’s capacity fell 4 percent in June while its load or percentage of seats filled, grew more than a percentage poinf to 79.5 percent. Southwest in the first half of the year saw trafficv drop 2 percentto 36.6 billion revenue passenger milex from 37.
4 billion last The airline, which carried about 28 percent of all Port Columbusz passengers through May, also said it is sellinh one-way tickets for as low as $30, $60 and $90, dependiny on how far customers are traveling. The fares are availabl through 11:59 p.m. on Wednesday and are possibles for flights booked for travel in the period runningfrom Sept. 9 to Nov. 18. Clickj for more details.
вторник, 8 ноября 2011 г.
House chair criticizes SBA's auto dealer inventory loans - Washington Business Journal: Washington Bureau
ocybakenos.wordpress.com
The SBA recently announced that it temporarilu will allow auto dealerse to useits 7(a) business loan prograjm to finance vehicle inventory. Many lenders had stopped makingthese so-called floorplan loans to auto dealers. Rep. Nydiaa Velazquez, D-N.Y., who chairs the House Smallk Business Committee, fears "there is a significantly higher risk of loan on thesefloorplan loans. This could force the SBA to increase the subsidhy ratefor 7(a) which would make the loans costlierd for future borrowers.
In a June 2 letter to SBA AdministratorfKaren Mills, Velazquez notedf the SBA had "long prohibited the use of its financinf programs for the purpose of wholesale lending, and for good Because lenders are limited in their ability to exercise full contro l over the financed items, the exposure to loss in floorplanb loans is greater than in other types of Vehicles serve as collateral for floorplan loans, and the value of this collaterap "will depreciate rapidly" givenn the glut of inventory facing auto makers in the wake of the bankruptcyu reorganizations of Chrysler and General Motors, Velazquez wrote.
"Whilre clearly there is a need to provide this industryy withtransitional assistance, doing so by focusing on inherentlt risky financial arrangements seems she wrote. "The potentially negative impacts of this policy change are likelyu to extend well beyon d theauto industry." But Tony president and CEO of the National Association of Government Guaranteed Lenders, said the floorplan loans shouldn't be any riskier than other typesa of 7(a) loans if lenderzs administer the loans "I think it's appropriate for the SBA to look at everythingt they can do for all small businessesz right now, given small businesses' inability to access Wilkinson said.
Velazquez also contended the time the agency spent on developing a complex new loan program should have been speng on implementing overdue programs called for in the economicstimulud bill. The floorplan loans will help onlya "very limiterd group" of small businesses, she noted. Had the SBA instead focused more on thestimulus programs, "thousands of smalll businesses that can no longer wait for help wouled have seen assistance," Velazquez wrote.
The SBA recently announced that it temporarilu will allow auto dealerse to useits 7(a) business loan prograjm to finance vehicle inventory. Many lenders had stopped makingthese so-called floorplan loans to auto dealers. Rep. Nydiaa Velazquez, D-N.Y., who chairs the House Smallk Business Committee, fears "there is a significantly higher risk of loan on thesefloorplan loans. This could force the SBA to increase the subsidhy ratefor 7(a) which would make the loans costlierd for future borrowers.
In a June 2 letter to SBA AdministratorfKaren Mills, Velazquez notedf the SBA had "long prohibited the use of its financinf programs for the purpose of wholesale lending, and for good Because lenders are limited in their ability to exercise full contro l over the financed items, the exposure to loss in floorplanb loans is greater than in other types of Vehicles serve as collateral for floorplan loans, and the value of this collaterap "will depreciate rapidly" givenn the glut of inventory facing auto makers in the wake of the bankruptcyu reorganizations of Chrysler and General Motors, Velazquez wrote.
"Whilre clearly there is a need to provide this industryy withtransitional assistance, doing so by focusing on inherentlt risky financial arrangements seems she wrote. "The potentially negative impacts of this policy change are likelyu to extend well beyon d theauto industry." But Tony president and CEO of the National Association of Government Guaranteed Lenders, said the floorplan loans shouldn't be any riskier than other typesa of 7(a) loans if lenderzs administer the loans "I think it's appropriate for the SBA to look at everythingt they can do for all small businessesz right now, given small businesses' inability to access Wilkinson said.
Velazquez also contended the time the agency spent on developing a complex new loan program should have been speng on implementing overdue programs called for in the economicstimulud bill. The floorplan loans will help onlya "very limiterd group" of small businesses, she noted. Had the SBA instead focused more on thestimulus programs, "thousands of smalll businesses that can no longer wait for help wouled have seen assistance," Velazquez wrote.
воскресенье, 6 ноября 2011 г.
Tickets on sale for 'Twilight' saga's next film - Peninsula Daily
esivyjifag.wordpress.com
Zee News | Tickets on sale for 'Twilight' saga's next film Peninsula Daily And unlike earlier years, fans won't have to line up for tickets the day before the showing. Tickets for the 12:05 am and 12:10 am Port Angeles premiere showings are available at the box office or at www.tinyurl.com/3kwbjuc. They cost $10 for adults, ... Here are few new chances to win tickets for the UK Premiere of Breaking Dawn ... |
пятница, 4 ноября 2011 г.
Long View Gallery to relocate - Minneapolis / St. Paul Business Journal:
ukatekexo.wordpress.com
The gallery signed a long-term lease at 1234 9th St. NW for 5,00p0 square feet, or four times more spacee than its current exhibition Its currentlease -- half a block south at 1302 9th St. NW -- expiree July 31. The renovated space will have better custom framin and specialevent offerings, and “renovation costsx will be in excess of six figures,” said galler y director Drew Porterfield. The owned by , previously acted as an auto showrook and, most recently, as a vending machine warehouss and has sat empty for the past few Local architect Will Couch is designinf the renovatedgallery space, which will still show and supporty regional, contemporary artists.
Porterfield plans to soon announcs several major new artists that will exhibit at the Long View Gallery was founde d in 2000 by Andrew Haley and Suzannew Zylonis ina Sperryville, Va. space, which showcasew many Virginia artists. Local art patronsz partnered with Haley and Zylonis in 2006 to open its Shaw The gallery will stay open at its currenr space until July andwill re-open in the new spacse in September.
The gallery signed a long-term lease at 1234 9th St. NW for 5,00p0 square feet, or four times more spacee than its current exhibition Its currentlease -- half a block south at 1302 9th St. NW -- expiree July 31. The renovated space will have better custom framin and specialevent offerings, and “renovation costsx will be in excess of six figures,” said galler y director Drew Porterfield. The owned by , previously acted as an auto showrook and, most recently, as a vending machine warehouss and has sat empty for the past few Local architect Will Couch is designinf the renovatedgallery space, which will still show and supporty regional, contemporary artists.
Porterfield plans to soon announcs several major new artists that will exhibit at the Long View Gallery was founde d in 2000 by Andrew Haley and Suzannew Zylonis ina Sperryville, Va. space, which showcasew many Virginia artists. Local art patronsz partnered with Haley and Zylonis in 2006 to open its Shaw The gallery will stay open at its currenr space until July andwill re-open in the new spacse in September.
среда, 2 ноября 2011 г.
Missouri Department of Insurance and company boards: watchdogs or lapdogs? - St. Louis Business Journal:
vittitowmehigyk1238.blogspot.com
Missouri now has the dubious distinctionn of being home to two of the largestf insurance company failures inAmerican history: General American Life and Transity Casualty Co. Add theser two sorry developments to the fact that ourown U.S. Sen. Christophedr Bond was a board membefr ofthe now-defunct Mutual Benefit Life (which collapsed with over $1 billion in the red), and the picturee becomes even more distasteful. Equally disturbing is the tepirto non-existent criticism by the local media of thoser who are responsible for the collapse of Generaol American, Missouri's largest life insurance company.
Will the failure of their board of directors and the Missouri Departmenyt of Insurance to overseethe carrier's very riskty strategy of matching short-terjm obligations with long-term investments be swept underf the rug? Have the insurancs company's spin doctors taken commanx of the situation? Contrary to some comments in the the policyholder-owners of the mutual insurance company have been hurt. To be policies issued by General American undoubtedly will be honorefdin full; however, what about the sale price of the carrie r to Metropolitan Life? Will fair value be received?
Not if one believed the comments of a local securithy analyst right after the announcement that Metropolitan Life would pay some $1.2 billionn for General American. According to the Post-Dispatcnh the New York carrier "got a heck of a paying no more than the market valure of the investment General American has in two publiclytraderd subsidiaries, one (Conning an information and advisory service, and the othedr a reinsurance operation.
If so, then Metropolitab Life will purchasethe on-going income stream and net worth of General American for Could the board of directorxs of General American Life be compounding their initial failure to overse e the terrible imbalance in the company'ds investments by hastily selling the carrietr for less than it is worth? if one reviews articles from the Wall Street Journal and the New York Timese immediately after the seizure of Generakl American by the Missouri Department of one will find the observatiohn by one analyst that Generakl American was the only remaining seller of these debt instrumentzs (formally known as "guaranteed investment with the option for the buyers to receive theid money back on just seven-day notice.
Well, if a company is stickint its neck outlike this, then they are either very clever or very stupid. This observationb is corroborated by the Octobefr 1999 issue of the Insurance Forumwhere Moody'se Investment Service estimated that General American had capturex about 60 percent of the industry's funding agreement with seven-dayg withdrawal provisions (Reprints of the Octobe issue are available for $10 each by writin g The Insurance Forum, P.O. Box 245, Elletsville, Ind. 47429-0245). This excelleny publication also hasa "Genera American Package" of this and several past articles on the company for $50. Telephone 876-6502.
Furthermore, what about the passiv role played by the Missouri Departmentg of Insurance in regard to GeneralAmericanj Life? The state official responsiblre for such regulatory oversight is quoted in the Post-Dispatc h as saying that his department does not measurse such risky investment strategies. What law prohibite such analysis and limitsthe states' jurisdiction? God gave us all a Surely the state regulators were aware of Moody' s misgivings on this very Why did the state regulators adopt a polic y of benign neglect?
too, the state regulators, of all people, were aware that the institutionall holder of these debt instruments are requiredr to dump them should they becomes classified "below investment grade." As an insurance I long ago came to the conclusion that the politicao clout of the insurance industrt and especially of certain insurance companies compromisew our state regulators. In June of this well before the events surrounding General Americahn cameto light, I wrote a letter to the new head of Missouri's Departmentr of Insurance. While several of the suggestions woulrd require thestate Legislature, his support nonetheless would be Perhaps he has been too busy to Donald D.
Meyer Labadie, Mo. (Meyer is president of the Annuity and LongterkCare Exchange, an independent insurancse agency.)
Missouri now has the dubious distinctionn of being home to two of the largestf insurance company failures inAmerican history: General American Life and Transity Casualty Co. Add theser two sorry developments to the fact that ourown U.S. Sen. Christophedr Bond was a board membefr ofthe now-defunct Mutual Benefit Life (which collapsed with over $1 billion in the red), and the picturee becomes even more distasteful. Equally disturbing is the tepirto non-existent criticism by the local media of thoser who are responsible for the collapse of Generaol American, Missouri's largest life insurance company.
Will the failure of their board of directors and the Missouri Departmenyt of Insurance to overseethe carrier's very riskty strategy of matching short-terjm obligations with long-term investments be swept underf the rug? Have the insurancs company's spin doctors taken commanx of the situation? Contrary to some comments in the the policyholder-owners of the mutual insurance company have been hurt. To be policies issued by General American undoubtedly will be honorefdin full; however, what about the sale price of the carrie r to Metropolitan Life? Will fair value be received?
Not if one believed the comments of a local securithy analyst right after the announcement that Metropolitan Life would pay some $1.2 billionn for General American. According to the Post-Dispatcnh the New York carrier "got a heck of a paying no more than the market valure of the investment General American has in two publiclytraderd subsidiaries, one (Conning an information and advisory service, and the othedr a reinsurance operation.
If so, then Metropolitab Life will purchasethe on-going income stream and net worth of General American for Could the board of directorxs of General American Life be compounding their initial failure to overse e the terrible imbalance in the company'ds investments by hastily selling the carrietr for less than it is worth? if one reviews articles from the Wall Street Journal and the New York Timese immediately after the seizure of Generakl American by the Missouri Department of one will find the observatiohn by one analyst that Generakl American was the only remaining seller of these debt instrumentzs (formally known as "guaranteed investment with the option for the buyers to receive theid money back on just seven-day notice.
Well, if a company is stickint its neck outlike this, then they are either very clever or very stupid. This observationb is corroborated by the Octobefr 1999 issue of the Insurance Forumwhere Moody'se Investment Service estimated that General American had capturex about 60 percent of the industry's funding agreement with seven-dayg withdrawal provisions (Reprints of the Octobe issue are available for $10 each by writin g The Insurance Forum, P.O. Box 245, Elletsville, Ind. 47429-0245). This excelleny publication also hasa "Genera American Package" of this and several past articles on the company for $50. Telephone 876-6502.
Furthermore, what about the passiv role played by the Missouri Departmentg of Insurance in regard to GeneralAmericanj Life? The state official responsiblre for such regulatory oversight is quoted in the Post-Dispatc h as saying that his department does not measurse such risky investment strategies. What law prohibite such analysis and limitsthe states' jurisdiction? God gave us all a Surely the state regulators were aware of Moody' s misgivings on this very Why did the state regulators adopt a polic y of benign neglect?
too, the state regulators, of all people, were aware that the institutionall holder of these debt instruments are requiredr to dump them should they becomes classified "below investment grade." As an insurance I long ago came to the conclusion that the politicao clout of the insurance industrt and especially of certain insurance companies compromisew our state regulators. In June of this well before the events surrounding General Americahn cameto light, I wrote a letter to the new head of Missouri's Departmentr of Insurance. While several of the suggestions woulrd require thestate Legislature, his support nonetheless would be Perhaps he has been too busy to Donald D.
Meyer Labadie, Mo. (Meyer is president of the Annuity and LongterkCare Exchange, an independent insurancse agency.)
понедельник, 31 октября 2011 г.
Colorado 13th among states in Internet use - Denver Business Journal:
grigoriynirim.blogspot.com
The agency says that 67.4 percent of Coloradanw age 3 and older usethe Internet, eithee from home or some other The national average is 62.4 percent. The data are for 2007. Coloradio ranks 13th among the 50 states in the percentagd of residents who usethe Internet. Alaskza has the highest rate ofInternetr use, at 76.1 percent, followed by New Hampshird (74.6 percent) and Washingtohn state (73.4 percent). Mississippi has the lowest Internet-usage rate (51. percent), followed by West Virginia (52.9 percent). The Census Bureau says 72.1 percent of Coloradans have Internet accessat home, higher than the nationalk average of 67.1 percent.
"As acces s to high speed connections have become more so too have the numberr of people that connect to the Internetat home," Thom a statistician with the Census Bureau'ds Housing and Household Economic Statisticas Division, said in a statementy Wednesday. Nationwide, Internet use strongly correspondsto education. Eighty-seven percent of people 25 and olderf with acollege bachelor’s degree used the Internetf in 2007, versus 74 percent for those with only some 49 percent for thoses with only a high school diploma and 19 percent for thosd who didn't finish high school.
Among age groupds nationwide, 73 percent of 18- to 34-year-oldd use the Internet, 56 percent of people 3 to 17, and 35 percen t of people 65 and older. Amony ethnic groups nationwide, 73 percentt of Asian Americans used the Internetin 2007, 69 percen of whites, 51 percent of blacks and 48 percent of in Excel spread-sheet format.
The agency says that 67.4 percent of Coloradanw age 3 and older usethe Internet, eithee from home or some other The national average is 62.4 percent. The data are for 2007. Coloradio ranks 13th among the 50 states in the percentagd of residents who usethe Internet. Alaskza has the highest rate ofInternetr use, at 76.1 percent, followed by New Hampshird (74.6 percent) and Washingtohn state (73.4 percent). Mississippi has the lowest Internet-usage rate (51. percent), followed by West Virginia (52.9 percent). The Census Bureau says 72.1 percent of Coloradans have Internet accessat home, higher than the nationalk average of 67.1 percent.
"As acces s to high speed connections have become more so too have the numberr of people that connect to the Internetat home," Thom a statistician with the Census Bureau'ds Housing and Household Economic Statisticas Division, said in a statementy Wednesday. Nationwide, Internet use strongly correspondsto education. Eighty-seven percent of people 25 and olderf with acollege bachelor’s degree used the Internetf in 2007, versus 74 percent for those with only some 49 percent for thoses with only a high school diploma and 19 percent for thosd who didn't finish high school.
Among age groupds nationwide, 73 percent of 18- to 34-year-oldd use the Internet, 56 percent of people 3 to 17, and 35 percen t of people 65 and older. Amony ethnic groups nationwide, 73 percentt of Asian Americans used the Internetin 2007, 69 percen of whites, 51 percent of blacks and 48 percent of in Excel spread-sheet format.
суббота, 29 октября 2011 г.
Rite Aid nixes Baltimore convention - Baltimore Business Journal:
http://auto-site.biz/?f=4&n=2
Rite Aid, which lost $2.9 billion in its latestf fiscal year and is shuttering distribution centers as it grapples with the is one of many big companiexs pulling out of conference plans andconventionsz nationwide. And such cancellations are hurting what hospitality expertascall “destination cities” at a time when the industry is alreadyu struggling with the economic downturn. The national drugstore based inCamp Hill, Pa., had been one of Baltimore’ss biggest conventions in recent bringing 6,000 people to town and pumping $6 milliomn from direct spending into the city in 2008 and more than $7 milliobn the year before.
The company had originally booked 14,50p0 hotel room nights for its nine-dagy expo in mid-August, but had to scrapo the convention because of financial The company reported fourth quarter revenue for fiscal 2009of $6.7 billion. “The decision stemsd from the economic saidAshley Flower, a Rite Aid spokeswoman. “We felt it was necessar y and similar to what other companies need to make as a Flower said the company is in discussions to reschedule its managementg conferenceand expo, but no definitd decision has been made yet.
Officials declinede to say when or where the next expo wouldtake “We can’t book thes things overnight,” Flower The Baltimore Area Convention and Visitors Association is on the hunt for new vendorse and conferences for the Aug. 10-19 time slot, officialss said. But for hotels and restaurants in the Rite Aid’s cancellation stings. “That just took a big hunk out of our saidDee O’Horan, head conciergse at . The occupancy drop could reducethe hotel’d work force; concierge employees have already had theirt hours reduced to two days a she said.
“It was one of the biggesr [conventions]; that conference usually fills most ofthe city’sx hotels,” O’Horan said. Nationally, the exhibitio n industry — conventions, conferences and expos saw an 11.6 percent declind in attendance, shows and revenue in the firs three months ofthe year, according to the Cente for Exhibition Industry Revenue alone from conventions droppedc 19.7 percent in the firsft quarter compared with the same periodr in 2008. Other corporationx cutting back on conferences include Microsofftand eBay, which have recentlhy canceled conferences slated for Seattle and Atlanta, respectively.
The Rite Aid because it spansnine days, also enabled the 6,000 attendee to get around the city and dine at restaurants more restaurateurs said. That lost foot traffic will eat intorestaurantg sales, they said. “Oh, bummer,” said Martha Lucius, ownetr of Bohéme Cafe “When we lose a we lose a lot.” Erik concierge for , said the cancellation not only causes major vacanciew for InnerHarbor hotels, but also for hotels aroundr Baltimore/Washington International Thurgood Marshall Airport. will also take a hit.
Rite Aid stagef tents and rented theentire 170,000-square-foot Inne Harbor museum for a partt during its last two conventions in More than 3,000 people attended each event, said Chrizs Cropper, the science center’s senioer director of marketing. “Itt was one of the bigger rental events that we have at theSciencew Center,” he said. “Obviously not to have that businesw this year will have some kind of impacfton us.
” Cropper could not pinpoint how much totapl revenue would be lost from the The event forced the attraction to closew earlier to the public on the day it was held, Croppetr said, and officials hope to recover some of the lost incomes by being open for the entire day this
Rite Aid, which lost $2.9 billion in its latestf fiscal year and is shuttering distribution centers as it grapples with the is one of many big companiexs pulling out of conference plans andconventionsz nationwide. And such cancellations are hurting what hospitality expertascall “destination cities” at a time when the industry is alreadyu struggling with the economic downturn. The national drugstore based inCamp Hill, Pa., had been one of Baltimore’ss biggest conventions in recent bringing 6,000 people to town and pumping $6 milliomn from direct spending into the city in 2008 and more than $7 milliobn the year before.
The company had originally booked 14,50p0 hotel room nights for its nine-dagy expo in mid-August, but had to scrapo the convention because of financial The company reported fourth quarter revenue for fiscal 2009of $6.7 billion. “The decision stemsd from the economic saidAshley Flower, a Rite Aid spokeswoman. “We felt it was necessar y and similar to what other companies need to make as a Flower said the company is in discussions to reschedule its managementg conferenceand expo, but no definitd decision has been made yet.
Officials declinede to say when or where the next expo wouldtake “We can’t book thes things overnight,” Flower The Baltimore Area Convention and Visitors Association is on the hunt for new vendorse and conferences for the Aug. 10-19 time slot, officialss said. But for hotels and restaurants in the Rite Aid’s cancellation stings. “That just took a big hunk out of our saidDee O’Horan, head conciergse at . The occupancy drop could reducethe hotel’d work force; concierge employees have already had theirt hours reduced to two days a she said.
“It was one of the biggesr [conventions]; that conference usually fills most ofthe city’sx hotels,” O’Horan said. Nationally, the exhibitio n industry — conventions, conferences and expos saw an 11.6 percent declind in attendance, shows and revenue in the firs three months ofthe year, according to the Cente for Exhibition Industry Revenue alone from conventions droppedc 19.7 percent in the firsft quarter compared with the same periodr in 2008. Other corporationx cutting back on conferences include Microsofftand eBay, which have recentlhy canceled conferences slated for Seattle and Atlanta, respectively.
The Rite Aid because it spansnine days, also enabled the 6,000 attendee to get around the city and dine at restaurants more restaurateurs said. That lost foot traffic will eat intorestaurantg sales, they said. “Oh, bummer,” said Martha Lucius, ownetr of Bohéme Cafe “When we lose a we lose a lot.” Erik concierge for , said the cancellation not only causes major vacanciew for InnerHarbor hotels, but also for hotels aroundr Baltimore/Washington International Thurgood Marshall Airport. will also take a hit.
Rite Aid stagef tents and rented theentire 170,000-square-foot Inne Harbor museum for a partt during its last two conventions in More than 3,000 people attended each event, said Chrizs Cropper, the science center’s senioer director of marketing. “Itt was one of the bigger rental events that we have at theSciencew Center,” he said. “Obviously not to have that businesw this year will have some kind of impacfton us.
” Cropper could not pinpoint how much totapl revenue would be lost from the The event forced the attraction to closew earlier to the public on the day it was held, Croppetr said, and officials hope to recover some of the lost incomes by being open for the entire day this
среда, 26 октября 2011 г.
Wake says Web eroding millions - Triangle Business Journal:
amesit.wordpress.com
A lawsuit filed in Wake County Superior Courron Nov. 3 offers a who's who of the online travel industryas defendants, including Dallas, Texas-based , Wash.-based , Chicago-based , Norwalk, Conn.-based , and Texas-based , among others. At issue is the amountg of taxes being received by the which has imposed a 6 percen t occupancy tax on the gross proceedas from the rental of hotelk rooms and other accommodationssince 1991. Revenue from the tax is used for economix development projects relatedto tourism. The collectioj of the tax is straightforward when a traveler showw up at a hote or books directly withthe inn.
But the taxation issure gets complicated when onlinwe travel sites are The complaint states that Internet companies strike dealas with hotels and motels for rooms atdiscounted rates, then sell the roomw at a higher price through their Web sites. The complainft claims that defendants collect the tax from occupants basefd onthe marked-up room rates but only remirt to hotels a tax amount based on the negotiates rates. "If there's money owed the we ought to pursue it," says Wake County Manager David Cooke. Victory in the case couldf be a windfall for the countytreasure chest.
Reef an attorney at Raleigh's , estimatesx that Wake could be owed as muchas $3 milliom per year over the past five Trebling losses, as the suit requests, could delive as much as $45 million to the Ivey says. "It could be a huge says Wake County AttorneyMichael "That's the reason we felt like we needes to take a serious look at Shanahan Law Group is representing Wake Countty in the lawsuit and has approached representatives of a dozen other North Carolina counties that collect significant hoteol taxes about joining the complaint. Representatives of Expedia and Priceline.com directed questiones to Art Sackler, the executive director of the , a D.C.
-based trade association. He has not seen the Wake Countuy lawsuit, but he says he is familiar with similar litigation aroundthe country. Sackler says the onlinde travel companies are intermediaries that enablwe consumers to book hotel rooms for Thesites don't buy blocks of hotelo rooms and don't sell The fees the online companies chargd are for providing their not an additional charge for the hotel room, he "They are wrong to be suing firsrt and asking questions Sackler says. "They're wrong on the facts, and they'rwe wrong on the law.
" He says therse have been about 20 such lawsuits around the country over the past couplseof years, and about five of them have been fullh or partially dismissed, including cases in Philadelphiqa and Chicago. Sackler says he knowse of no rulings in favor of Ivey believes the suits that have been dismissed were defeatede because the cases were argued He thinksthe defendants' receiptws and other financial documents will provw his case. "They got themselves a small paperwor problem," Ivey says.
A suit such as this one typicallh would cost a countybetween $200,0090 and $250,000, but Ivey says Shanahan Law Group has set up arrangements with countiesw so that their costsx will be less than 20 percent of that If the county wins, Shanahan Law Group will receive a slidinb contingency fee, says Ferrell, the county The law firm would get 30 percentg of the first $2 million awarded, 25 percent betweebn $2 million to $5 millionj and 20 percent over $5
A lawsuit filed in Wake County Superior Courron Nov. 3 offers a who's who of the online travel industryas defendants, including Dallas, Texas-based , Wash.-based , Chicago-based , Norwalk, Conn.-based , and Texas-based , among others. At issue is the amountg of taxes being received by the which has imposed a 6 percen t occupancy tax on the gross proceedas from the rental of hotelk rooms and other accommodationssince 1991. Revenue from the tax is used for economix development projects relatedto tourism. The collectioj of the tax is straightforward when a traveler showw up at a hote or books directly withthe inn.
But the taxation issure gets complicated when onlinwe travel sites are The complaint states that Internet companies strike dealas with hotels and motels for rooms atdiscounted rates, then sell the roomw at a higher price through their Web sites. The complainft claims that defendants collect the tax from occupants basefd onthe marked-up room rates but only remirt to hotels a tax amount based on the negotiates rates. "If there's money owed the we ought to pursue it," says Wake County Manager David Cooke. Victory in the case couldf be a windfall for the countytreasure chest.
Reef an attorney at Raleigh's , estimatesx that Wake could be owed as muchas $3 milliom per year over the past five Trebling losses, as the suit requests, could delive as much as $45 million to the Ivey says. "It could be a huge says Wake County AttorneyMichael "That's the reason we felt like we needes to take a serious look at Shanahan Law Group is representing Wake Countty in the lawsuit and has approached representatives of a dozen other North Carolina counties that collect significant hoteol taxes about joining the complaint. Representatives of Expedia and Priceline.com directed questiones to Art Sackler, the executive director of the , a D.C.
-based trade association. He has not seen the Wake Countuy lawsuit, but he says he is familiar with similar litigation aroundthe country. Sackler says the onlinde travel companies are intermediaries that enablwe consumers to book hotel rooms for Thesites don't buy blocks of hotelo rooms and don't sell The fees the online companies chargd are for providing their not an additional charge for the hotel room, he "They are wrong to be suing firsrt and asking questions Sackler says. "They're wrong on the facts, and they'rwe wrong on the law.
" He says therse have been about 20 such lawsuits around the country over the past couplseof years, and about five of them have been fullh or partially dismissed, including cases in Philadelphiqa and Chicago. Sackler says he knowse of no rulings in favor of Ivey believes the suits that have been dismissed were defeatede because the cases were argued He thinksthe defendants' receiptws and other financial documents will provw his case. "They got themselves a small paperwor problem," Ivey says.
A suit such as this one typicallh would cost a countybetween $200,0090 and $250,000, but Ivey says Shanahan Law Group has set up arrangements with countiesw so that their costsx will be less than 20 percent of that If the county wins, Shanahan Law Group will receive a slidinb contingency fee, says Ferrell, the county The law firm would get 30 percentg of the first $2 million awarded, 25 percent betweebn $2 million to $5 millionj and 20 percent over $5
понедельник, 24 октября 2011 г.
Scrushy ordered to pay $2.8B for HealthSouth fraud - Houston Business Journal:
houghtalingbaemo1268.blogspot.com
billion in damages by a civil court judge for his rolein ’ss massive accounting fraud scandal. The HealthSouth founderf was deemed liable for losses incurred by some of whom sued him seeking to recovefrtheir investments. Judge Allwin Horn announced the verdicr shortly after10 a.m. Thursday. Horn’z judgment also declared Scrushy’s employmen agreements with HealthSouth void. HealthSouth said it will receivee approximately 40 percent of any money recovered from Attorneys for the shareholders filed the suit against Scrushy on behalfr of HealthSouth saying he directed the accountint scandal hadrequested $3.6 Scrushy testified during the trialk and denied any wrongdoing.
He was broughyt to Jefferson County for the triall from a Texasfederalp prison, where he is currently serving seven years for bribingf then-Gov. Don Siegelman for a seat on a state healtb carepolicy board. Scrushy was acquittedx of criminal charges in the HealthSouthu fraudin 2005. HealthSouth said it is unsure how much mighf be collectedfrom Scrushy, according to a news “We are pleased to see that justice has been serves through this judgment and that anotherf chapter of our past has been put behind HealthSouth’s statement said.
billion in damages by a civil court judge for his rolein ’ss massive accounting fraud scandal. The HealthSouth founderf was deemed liable for losses incurred by some of whom sued him seeking to recovefrtheir investments. Judge Allwin Horn announced the verdicr shortly after10 a.m. Thursday. Horn’z judgment also declared Scrushy’s employmen agreements with HealthSouth void. HealthSouth said it will receivee approximately 40 percent of any money recovered from Attorneys for the shareholders filed the suit against Scrushy on behalfr of HealthSouth saying he directed the accountint scandal hadrequested $3.6 Scrushy testified during the trialk and denied any wrongdoing.
He was broughyt to Jefferson County for the triall from a Texasfederalp prison, where he is currently serving seven years for bribingf then-Gov. Don Siegelman for a seat on a state healtb carepolicy board. Scrushy was acquittedx of criminal charges in the HealthSouthu fraudin 2005. HealthSouth said it is unsure how much mighf be collectedfrom Scrushy, according to a news “We are pleased to see that justice has been serves through this judgment and that anotherf chapter of our past has been put behind HealthSouth’s statement said.
суббота, 22 октября 2011 г.
ECtel Schedules Second Quarter Results Release for Wednesday, August 5th, 2009
vuwodu.wordpress.com
The company will host a teleconference to discusz the results later thatsame day, at 10:00 am Easternh Time (9:00 am Centralp Time, 7:00 am Pacific and 5:00 pm Israel Time). Mr. , President CEO, and Mr. , Senior Vice President CFO, will co-host the call. To participate, pleasd dial one of the following numbers, and requestf ECtel's Second Quarter 2009 Earnings ResultConference call: A Webcast replay of the earninga call will be available after the call on the Company' web site at: ECtel's management looks forward to your ECtel (NASDAQ:ECTX) is a leading global provider of Integrateds Revenue Management(TM) (IRM(TM)) solutions for communications service providers.
A pioneering market leaderd for nearly20 years, ECtek offers carrier-grade solutions that enable wireless, converged and next generation operators to fully manage thei r revenue and cost processes. ECtel servesx prominent Tier One operators, and has more than 100 implementationss in over 50countries worldwide. Established in 1990 ECtelo maintains offices and presence in the Europeand Asia. For more information, visit . Certain statementas contained in this releaswcontain forward-looking information with respect to plans, projectiond or future performance and products of the Company, the occurrencd of which involves certain risks and uncertainties.
Although we believse the expectations reflected insuch forward-looking statements are baser upon reasonable assumptions, we can give no assurance that our expectationz will be obtained or that any deviations will not be Such statements involve risks and uncertaintiesx that may cause future results to diffetr from those anticipated. These risks include, but are not limiteed to, the effects of general economidc conditions, the possible slow-down in expenditures by telecomj operators, adverse effects of market competition and the impact of competitives pricingand offerings, ,the reoccurrence of sales to existin g customers, the ability to recognizs revenue in future periods as anticipated, the unpredictability of the telecomm market, product and market acceptance ability to complete developmen t and market introduction of new products, fluctuations in quarterly and annualp results of operations, dependence on several large customers, commercialization and technological risks related to our operations in Israel and risks associated with operating businessees in the international market.
These and other risks are discusses at greater length inthe Company's annual reporg on Form 20-F and other filings with the Securities and Exchangse Commission. ECtel may elect to update thesr forward-looking statements at some poinrt inthe future, however the Company specifically disclaims any obligationn to do so and undertakeas no obligation to publicly release any revisionws to these forward-looking statements to reflect events or circumstances after the date hereodf or to reflect the occurrence of unanticipatefd events. Company Contacts: ECtel Ltd. Michaek Neumann Senior Vice President andCFO Tel: +972-3-900210w2 Fax: +972-3-9002103 Email: mickeyne@ectel.com ECtel Ltd.
Dana Rubinb MarCom Manager Tel: +972-3-9002656 Fax: +972-3-90021033 Email: ir@ectel.com IR Contacts: Ehud Helft Kennyt Green GK Investor Relations Tel: +1-617-418-3095 +1-646-201-9246 Email: info@gkir.com
The company will host a teleconference to discusz the results later thatsame day, at 10:00 am Easternh Time (9:00 am Centralp Time, 7:00 am Pacific and 5:00 pm Israel Time). Mr. , President CEO, and Mr. , Senior Vice President CFO, will co-host the call. To participate, pleasd dial one of the following numbers, and requestf ECtel's Second Quarter 2009 Earnings ResultConference call: A Webcast replay of the earninga call will be available after the call on the Company' web site at: ECtel's management looks forward to your ECtel (NASDAQ:ECTX) is a leading global provider of Integrateds Revenue Management(TM) (IRM(TM)) solutions for communications service providers.
A pioneering market leaderd for nearly20 years, ECtek offers carrier-grade solutions that enable wireless, converged and next generation operators to fully manage thei r revenue and cost processes. ECtel servesx prominent Tier One operators, and has more than 100 implementationss in over 50countries worldwide. Established in 1990 ECtelo maintains offices and presence in the Europeand Asia. For more information, visit . Certain statementas contained in this releaswcontain forward-looking information with respect to plans, projectiond or future performance and products of the Company, the occurrencd of which involves certain risks and uncertainties.
Although we believse the expectations reflected insuch forward-looking statements are baser upon reasonable assumptions, we can give no assurance that our expectationz will be obtained or that any deviations will not be Such statements involve risks and uncertaintiesx that may cause future results to diffetr from those anticipated. These risks include, but are not limiteed to, the effects of general economidc conditions, the possible slow-down in expenditures by telecomj operators, adverse effects of market competition and the impact of competitives pricingand offerings, ,the reoccurrence of sales to existin g customers, the ability to recognizs revenue in future periods as anticipated, the unpredictability of the telecomm market, product and market acceptance ability to complete developmen t and market introduction of new products, fluctuations in quarterly and annualp results of operations, dependence on several large customers, commercialization and technological risks related to our operations in Israel and risks associated with operating businessees in the international market.
These and other risks are discusses at greater length inthe Company's annual reporg on Form 20-F and other filings with the Securities and Exchangse Commission. ECtel may elect to update thesr forward-looking statements at some poinrt inthe future, however the Company specifically disclaims any obligationn to do so and undertakeas no obligation to publicly release any revisionws to these forward-looking statements to reflect events or circumstances after the date hereodf or to reflect the occurrence of unanticipatefd events. Company Contacts: ECtel Ltd. Michaek Neumann Senior Vice President andCFO Tel: +972-3-900210w2 Fax: +972-3-9002103 Email: mickeyne@ectel.com ECtel Ltd.
Dana Rubinb MarCom Manager Tel: +972-3-9002656 Fax: +972-3-90021033 Email: ir@ectel.com IR Contacts: Ehud Helft Kennyt Green GK Investor Relations Tel: +1-617-418-3095 +1-646-201-9246 Email: info@gkir.com
четверг, 20 октября 2011 г.
Use summer
xszeyluje.blogspot.com
Many of us, in fact, tend to view May as an endin ofsorts … and August as the beginningh of the last half of the But what about June and July? Many peoplre pull back during the summer months. New product launches, marketingv efforts, training and new projects are put off unti Augustor September. However, I consider the summerr months to be filled withspectacular opportunity. Take some time off. But then get back to refreshed and refocusing your energies on every possible summer opportunity to buil dyour brand. Remember, you are your brand and by building your brand all 12 monthsx of the year you can leveragw your individualityand uniqueness.
Why is summef a terrific time to reinforce and expanr yourpersonal brand? Because most of us tend to be less harriesd and more laid-back in warmer weather. We actuallyt have time to “get it.” Don’t miss out on some of the most productivw months of youryear — June, July and August. Here’s one professional’s story: John, an ownerf of a large commercial realestate company, has had yearzs of success in the local With the current economic times, John recognized the reality that he neededc to establish his own brand identityt that aligned with his company’s strong brand.
“oI have operationalized my personal brand into my dailyt work and keep this branding top of My customers and employees have noticed things like a new tag new bio and new way of introducin myself andmy company,” he says. The results? John has alreaduy increased business forthe year, and is winninf contracts when his competitors are still struggling. “Inn the summer, it seems like peopler have moretime — or take time to actuallyg get to know you and what you do,” he “I’ve already had meetings with prospective customers that seemed less hurried and, were more productive.” So, what about you?
Are you goinb to use the summer to buile momentum and create more success?
Many of us, in fact, tend to view May as an endin ofsorts … and August as the beginningh of the last half of the But what about June and July? Many peoplre pull back during the summer months. New product launches, marketingv efforts, training and new projects are put off unti Augustor September. However, I consider the summerr months to be filled withspectacular opportunity. Take some time off. But then get back to refreshed and refocusing your energies on every possible summer opportunity to buil dyour brand. Remember, you are your brand and by building your brand all 12 monthsx of the year you can leveragw your individualityand uniqueness.
Why is summef a terrific time to reinforce and expanr yourpersonal brand? Because most of us tend to be less harriesd and more laid-back in warmer weather. We actuallyt have time to “get it.” Don’t miss out on some of the most productivw months of youryear — June, July and August. Here’s one professional’s story: John, an ownerf of a large commercial realestate company, has had yearzs of success in the local With the current economic times, John recognized the reality that he neededc to establish his own brand identityt that aligned with his company’s strong brand.
“oI have operationalized my personal brand into my dailyt work and keep this branding top of My customers and employees have noticed things like a new tag new bio and new way of introducin myself andmy company,” he says. The results? John has alreaduy increased business forthe year, and is winninf contracts when his competitors are still struggling. “Inn the summer, it seems like peopler have moretime — or take time to actuallyg get to know you and what you do,” he “I’ve already had meetings with prospective customers that seemed less hurried and, were more productive.” So, what about you?
Are you goinb to use the summer to buile momentum and create more success?
вторник, 18 октября 2011 г.
George W. Bush to meet Thursday with Get Smart Schools, Denver leaders - Denver Post
omagyvoham.wordpress.com
George W. Bush to meet Thursday with Get Smart Schools, Denver leaders Denver Post By The Denver Post Former President George W. Bush, who canceled a roundtable meeting with Get Smart Schools in February, will make up for the missed appearance Thursday. Bush will give brief remarks and meet with a sm » |
воскресенье, 16 октября 2011 г.
Susan Avery: Keeping watch - Boston Business Journal:
ralawizewy.wordpress.com
And she’s still waiting for a payourt on $97.7 million in federal fundss and $10 million in state fundas for an ocean research grant the institution wonin 2007. It’sa a lot of what-ifs for an atmosphericd scientist who is accustomes to having the answers ather fingertips. “Scientistas love data. We love information,” Averyg said. As the Woods Hole chief for nearly a year, Avery said she’e getting used to making decisionsw without all the information on Avery said she leads by listening and consultinb with her colleagues and always looking to the future. “I alwaye think about how decision-making today will impact the Avery said.
In Augusgt 2007, Woods Hole won its largest grantg fromthe (NSF). Woods Hole was named the lead institutionm and is expected to take 60 percent ofthe $97.u million prize, with the remainder going to the at the University of California, San Diego, and . Woode Hole had expected the moneyg to arrive byJune 2008. Federal officials tell the institutr the start date for the funding is expected inJuly 2010. To Woods Hole has receive d $1.9 million from NSF for the OceamnObservatories Initiative, part of a $331 million project to develol a national system of deep-water, satellite-linked buoys for ocean NSF also approved $7.
8 milliobn in 2009 pilot project funding, but it is uncleat how much WHOI will take of that purse, said Avery. Also lingeringv is a $10 milliohn purse of state matching funds fromthe , a quasi-state agency aimed at bolstering technologyh development statewide. Until the institution receives thefederal award, state funds won’t come. Avery said Woods Hole requestedf an initial paymentof $2 milliohn in state funds but the proposalk is pending.
Avery said a lag between an awardx and actual funding is not She says shefeels “pretty despite that federal agencies have been known to rescind Citing the success of Pocasset-based underwaterr technology company Hydroid LLC, Avery said she plans to fostere industry relationships and encourage companies to spin out from Woodsx Hole-based research. She hopes to buil fruitful partnershipsaround WHOI’s expertisse in visualization software, underwater sensorz and underwater vehicles. “Research that is pushing our naturall world can also provideeconomic development,” Averyu said.
Avery added the national oceabn research project will advance the development of technologiess used forhomeland security, fisheries managemeny and analyzing the impact of climate changre on coastal environments. Avery would like to see Wood Hole take a stronger role in articulatiny state andfederal energy, environmental and economic development policy. She plans to continue to send scientist s to Capitol Hill to testifyg and advise state officials about an oceans managemenf law passed earlier this Atmosphericscience — not oceanography — is Avery’s area of She’s studied atmospheric circulation and climate variability and water resources, and the development of radare for remote sensing.
After earning her in 1978, Avery served as an assistant professord in the department of electrical engineering atthe . Prior to joiningg Woods Hole asthe institute’ws first woman chief, Avery worked at the University of Coloradpo Boulder for 23 years. The Universityh of Colorado hired Avery as an associate professorein 1985. Most recently, she served as interijm vice chancellor for researcbh and dean of thegraduatwe school, a role she also held from 2004 to 2005. Averyu also served as interim provostg and executive vice chancellor for academic While holdinginterim jobs, Avery maintained her job as an electricap and computer engineering professor.
Larry Madin, director of researcy at Woods Hole, said Avery is energetic, open and well-respecte d by her colleagues. Despite her lack of experience in the fieldof oceanography, Madin said, she’e shown she could overcome a steepp learning curve. Avery faces some toug financial challenges, said Madin. Federal funding is declininb or flat. Fundraising will be
And she’s still waiting for a payourt on $97.7 million in federal fundss and $10 million in state fundas for an ocean research grant the institution wonin 2007. It’sa a lot of what-ifs for an atmosphericd scientist who is accustomes to having the answers ather fingertips. “Scientistas love data. We love information,” Averyg said. As the Woods Hole chief for nearly a year, Avery said she’e getting used to making decisionsw without all the information on Avery said she leads by listening and consultinb with her colleagues and always looking to the future. “I alwaye think about how decision-making today will impact the Avery said.
In Augusgt 2007, Woods Hole won its largest grantg fromthe (NSF). Woods Hole was named the lead institutionm and is expected to take 60 percent ofthe $97.u million prize, with the remainder going to the at the University of California, San Diego, and . Woode Hole had expected the moneyg to arrive byJune 2008. Federal officials tell the institutr the start date for the funding is expected inJuly 2010. To Woods Hole has receive d $1.9 million from NSF for the OceamnObservatories Initiative, part of a $331 million project to develol a national system of deep-water, satellite-linked buoys for ocean NSF also approved $7.
8 milliobn in 2009 pilot project funding, but it is uncleat how much WHOI will take of that purse, said Avery. Also lingeringv is a $10 milliohn purse of state matching funds fromthe , a quasi-state agency aimed at bolstering technologyh development statewide. Until the institution receives thefederal award, state funds won’t come. Avery said Woods Hole requestedf an initial paymentof $2 milliohn in state funds but the proposalk is pending.
Avery said a lag between an awardx and actual funding is not She says shefeels “pretty despite that federal agencies have been known to rescind Citing the success of Pocasset-based underwaterr technology company Hydroid LLC, Avery said she plans to fostere industry relationships and encourage companies to spin out from Woodsx Hole-based research. She hopes to buil fruitful partnershipsaround WHOI’s expertisse in visualization software, underwater sensorz and underwater vehicles. “Research that is pushing our naturall world can also provideeconomic development,” Averyu said.
Avery added the national oceabn research project will advance the development of technologiess used forhomeland security, fisheries managemeny and analyzing the impact of climate changre on coastal environments. Avery would like to see Wood Hole take a stronger role in articulatiny state andfederal energy, environmental and economic development policy. She plans to continue to send scientist s to Capitol Hill to testifyg and advise state officials about an oceans managemenf law passed earlier this Atmosphericscience — not oceanography — is Avery’s area of She’s studied atmospheric circulation and climate variability and water resources, and the development of radare for remote sensing.
After earning her in 1978, Avery served as an assistant professord in the department of electrical engineering atthe . Prior to joiningg Woods Hole asthe institute’ws first woman chief, Avery worked at the University of Coloradpo Boulder for 23 years. The Universityh of Colorado hired Avery as an associate professorein 1985. Most recently, she served as interijm vice chancellor for researcbh and dean of thegraduatwe school, a role she also held from 2004 to 2005. Averyu also served as interim provostg and executive vice chancellor for academic While holdinginterim jobs, Avery maintained her job as an electricap and computer engineering professor.
Larry Madin, director of researcy at Woods Hole, said Avery is energetic, open and well-respecte d by her colleagues. Despite her lack of experience in the fieldof oceanography, Madin said, she’e shown she could overcome a steepp learning curve. Avery faces some toug financial challenges, said Madin. Federal funding is declininb or flat. Fundraising will be
четверг, 13 октября 2011 г.
CAD software maker Revware buys MicroScribe from Immersion Corp. - Kansas City Business Journal:
http://exhumator.com/benner/01-048-00_lesson-god-the-only-life.html
CAD in an acronym for computer-aided design. Immersiohn has several business lines with products developed for applications ranging from gaming tomedicalp uses. Revware president Tom Welshb said that his company has been using MicroScribe productz for 15 years and when he saw that Immersiohn was looking tosell MicroScribe, he jumpede on the opportunity. “We are going to be able to focuw on MicroScribe in a way that Immersion was not able Welsh said. Revware was formerly knowm as , a company that was a softwar developer as well as a reseller of the SolidWorkwCAD software.
The company grew in the 1990 along with the technologyh bubble and in Design Automation made TriangleBusiness Journal’as annual ranking of the 50 fastest-growing companies in the Raleigh-Durham Welsh said Design Automation, which peaked at 15 employees, had pared down sinc the technology bubble burst. Revwarre has fewer than five employees. Welsh said with the acquisitiohnof MicroScribe, the company will grow in Raleigh and on the West But he declined to saying that negotiations are still under way. Welsu did say Revware is taking stepzs to reactivate resale channelsfor MicroScribe.
CAD in an acronym for computer-aided design. Immersiohn has several business lines with products developed for applications ranging from gaming tomedicalp uses. Revware president Tom Welshb said that his company has been using MicroScribe productz for 15 years and when he saw that Immersiohn was looking tosell MicroScribe, he jumpede on the opportunity. “We are going to be able to focuw on MicroScribe in a way that Immersion was not able Welsh said. Revware was formerly knowm as , a company that was a softwar developer as well as a reseller of the SolidWorkwCAD software.
The company grew in the 1990 along with the technologyh bubble and in Design Automation made TriangleBusiness Journal’as annual ranking of the 50 fastest-growing companies in the Raleigh-Durham Welsh said Design Automation, which peaked at 15 employees, had pared down sinc the technology bubble burst. Revwarre has fewer than five employees. Welsh said with the acquisitiohnof MicroScribe, the company will grow in Raleigh and on the West But he declined to saying that negotiations are still under way. Welsu did say Revware is taking stepzs to reactivate resale channelsfor MicroScribe.
вторник, 11 октября 2011 г.
Federal regulators rethinking guidelines on marketing food to children - Washington Post
adavuxuf.wordpress.com
Federal regulators rethinking guidelines on marketing food to children Washington Post The Federal Trade Commission is contemplating whether to revise guidelines on marketing food to children. By Dina ElBoghdady, A federal proposal that would restrict the kinds of foods marketed to children may soon be substanti » |
воскресенье, 9 октября 2011 г.
Detroit's Hotel Doldrums - Pittsburgh Business Travel Guide
moakhamet84.blogspot.com
Four of the city's once-famous deluxe hotels were ornate tombs, abandoned for decades and facinggthe wrecker's ball. Two starklyy modern properties built in the 1960s were shabby and sorel in need ofnew ownership. Even the 73-stor y hotel in the Renaissancee Center, opened in the late 1970s as part of amassive urban-renewal project, was dreary and "TERRIBLE!" I scribbled in my notebook in 2002. "Someones should fix." And fix they did. The Madison-Lenox and the Detroirt Statlerwere demolished, but the Book Cadillac and the Fort Shelbyu received hundreds of millions of dollars worthg of renovations and restorations.
The as locals call it, reopened to raves in Octobee and the Fort Shelby came back to life twomonthxs later. One of the 1960s icons, the St. Regis, becamee a spiffy boutique property. The other, the Hotell Pontchartrain, was recently renovated and is now callexthe Riverside. The cylindricaol skyscraper hotel at theRen Center? It's a Marriotrt now, and it sparkles. And the city's threes casinos have each opened upscale hotelsewith Vegas-style perks and amenities. But this is where hotel happy endings are always the start of the nextlodgingf nightmare. If anything, the Motor City's hotel scenew is in worse shape today than sevejnyears ago.
More than half of Detroit's estimated 40,000 guestrooma are empty, and PKF Hospitality Research says lodgingb demand will fall further this The St. Regis is in receivership. The Riverside has been picketed by employees who saythey haven'ft been paid, and the Detroitt News says the hotel owes almost $700,000 in back One of the casinose is in bankruptcy and another is for sale. Only a handfuo of buyers have closed on the dozensd of pricey condos atop theBook Cadillac. The Fort Shelby's new renta l apartments are mostlyempty too. And Detroit's revpart (revenue per available room), the key measure of financiap health in thelodging industry, is one-thirr lower than the national average.
"The statisticw are scary," admits Shannon Dunavent, general manager of the Doubletree Guesrt Suites hotel that was lovingly carve out of the carcass of theFort "I've been working in Michigan for 20 yearsa and I won't lie to you. There's no new busineszs in the market. We'ree all trying to steal from the other guyto survive." It doesn' take a genius to figure out what's ailingb Motown's hotels: The automotive business has been careeninh downhill for decades. Detroit has never been able toreplacse cars, and the thousands of relatecd businesses that depend on the carmakers, as the city's economic engine. Hell, even Motowm Records moved to Hollywood almost 40years ago.
But the tale of Detroit' s collapsing hotel business is actuallyymore nuanced. It's a story of no good deed goinv unpunished, of every clever urban-renewal idea having an unintendede consequence, and everyone missingf the hotel forest for the restored trees of anearliefr era. As Detroit emptied out—the city's population of 900,0090 is about half its mid-1950d high—so did the need for much of the city'zs older hotel infrastructure. The luxuru lodging business moved to upscale suburbs like Dearborn and A slewof focused-service hotels poppedf up in office parks and othef business areas outside the deteriorating city core.
Fliers who connectf in Detroit viaNorthwest Airlines' large hub at Detroit Metro are well-serves by an upmarket Westin hotel that opened adjacent to the new During the last decade, even with icona like the Book and the Fort Shelbt closed and the casino hotels stilo on the drawing boards, hotelo occupancy rarely surpassed the 60 percent mark. And though therde were occasional spikes of demand aroundspecial events—the city is sold out for colleges basketball's Final Four next month—there was nevee any indication that Detroit needed more "This has always been about urban renewakl and politics more than market forces," one hotel executive told me last "You can admire the drive and the commitmenrt to rebuild Detroit, but there was a lot of 'If we builds it, they will come,' We built.
Guests haven't come." The three casinol hotels—each mandated by the terms of their gaming license, each around 400 rooms, and each opened in the last 18 months—floodex the city with new supply. The restoration of the Book Cadillavc and Fort Shelby is another exampleof Detroit'a mind over market. The city's tallesy building and the tallest hotel in the world when it openesin 1924, the 33-story neo-Renaissance Book remaina a much-loved symbol of Detroit's boom But as a business, the 1,100-room property was always a After the war, it changed owners and hotep flags frequently and finally closed in 1984.
Over the next 20 the city, state, hotel chains, and developers all floatef and abandonedrestorations plans. The $200 millioj project that finally started in 2006 and culminaterd witha headline-grabbing gala reopening partyg last fall converted the Book into a 455-room Westijn hotel and a residential condo Both projects have been lauded for their design and creative repurposing of the Book'ss stately shell, but the hotel has been forced to discounyt rooms to as low as $99 a If anything, the revivall of the 23-story Beaux-arts Fort Shelby was even more It closed in 1974 and trees sproutes in the derelict building.
A $90 million restoration projecgt began in 2007 did wonders fordowntowjn Detroit's streetscape, if not hotel occupancy. Along with 56 apartmen t rentals, the building now houses conference restaurants, and 204 hotel suites. The smallest guestroom is 600 squarew feetand Dunavent, the Doubletree'ds general manager, says weeken rates are as low as $89 a night. "I'm proud of what we'ves done," she says. "If I can get you I know you'll have a great experience." Detroit Marriott generao manager Bob Farmeryechoes Dunavent's comments. All he wants is for guestds to experience hisreinvigorated property.
Marriottr and the tower's owner, General Motors, have pourex more than $150 million into the project since Marriotty assumed management ofthe 1,300 guest rooms in 1998. Ironically, the hotelo was sold out last weekend when I caughg upwith Farmery. It was hosting collegw hockey's Final Four and another large group. And Farmery believes Detroit can wake from itslodgingf nightmare. He thinks the city can profit from the AIG Effect that has forcedf major corporations to cancel pricey meetingsin eyebrow-raisinf resorts like Las Vegas and "Our product is terrific and our ratew are low," he says. "And nobody will criticize you if you hold a meetinfgin Detroit.
" The Fine Print… The Doubletred Guest Suites in the Fort Shelby represents the first full-service Hilton hotel in downtowb Detroit in more than 30 The chain returned to the market in 2004 when the Ferchil l Group, which also redeveloped the Book opened a limited-service Hilton Garden Inn in the Harmonied Park neighborhood. Portfolio.com © 2009 Cond Nast Inc. All
Four of the city's once-famous deluxe hotels were ornate tombs, abandoned for decades and facinggthe wrecker's ball. Two starklyy modern properties built in the 1960s were shabby and sorel in need ofnew ownership. Even the 73-stor y hotel in the Renaissancee Center, opened in the late 1970s as part of amassive urban-renewal project, was dreary and "TERRIBLE!" I scribbled in my notebook in 2002. "Someones should fix." And fix they did. The Madison-Lenox and the Detroirt Statlerwere demolished, but the Book Cadillac and the Fort Shelbyu received hundreds of millions of dollars worthg of renovations and restorations.
The as locals call it, reopened to raves in Octobee and the Fort Shelby came back to life twomonthxs later. One of the 1960s icons, the St. Regis, becamee a spiffy boutique property. The other, the Hotell Pontchartrain, was recently renovated and is now callexthe Riverside. The cylindricaol skyscraper hotel at theRen Center? It's a Marriotrt now, and it sparkles. And the city's threes casinos have each opened upscale hotelsewith Vegas-style perks and amenities. But this is where hotel happy endings are always the start of the nextlodgingf nightmare. If anything, the Motor City's hotel scenew is in worse shape today than sevejnyears ago.
More than half of Detroit's estimated 40,000 guestrooma are empty, and PKF Hospitality Research says lodgingb demand will fall further this The St. Regis is in receivership. The Riverside has been picketed by employees who saythey haven'ft been paid, and the Detroitt News says the hotel owes almost $700,000 in back One of the casinose is in bankruptcy and another is for sale. Only a handfuo of buyers have closed on the dozensd of pricey condos atop theBook Cadillac. The Fort Shelby's new renta l apartments are mostlyempty too. And Detroit's revpart (revenue per available room), the key measure of financiap health in thelodging industry, is one-thirr lower than the national average.
"The statisticw are scary," admits Shannon Dunavent, general manager of the Doubletree Guesrt Suites hotel that was lovingly carve out of the carcass of theFort "I've been working in Michigan for 20 yearsa and I won't lie to you. There's no new busineszs in the market. We'ree all trying to steal from the other guyto survive." It doesn' take a genius to figure out what's ailingb Motown's hotels: The automotive business has been careeninh downhill for decades. Detroit has never been able toreplacse cars, and the thousands of relatecd businesses that depend on the carmakers, as the city's economic engine. Hell, even Motowm Records moved to Hollywood almost 40years ago.
But the tale of Detroit' s collapsing hotel business is actuallyymore nuanced. It's a story of no good deed goinv unpunished, of every clever urban-renewal idea having an unintendede consequence, and everyone missingf the hotel forest for the restored trees of anearliefr era. As Detroit emptied out—the city's population of 900,0090 is about half its mid-1950d high—so did the need for much of the city'zs older hotel infrastructure. The luxuru lodging business moved to upscale suburbs like Dearborn and A slewof focused-service hotels poppedf up in office parks and othef business areas outside the deteriorating city core.
Fliers who connectf in Detroit viaNorthwest Airlines' large hub at Detroit Metro are well-serves by an upmarket Westin hotel that opened adjacent to the new During the last decade, even with icona like the Book and the Fort Shelbt closed and the casino hotels stilo on the drawing boards, hotelo occupancy rarely surpassed the 60 percent mark. And though therde were occasional spikes of demand aroundspecial events—the city is sold out for colleges basketball's Final Four next month—there was nevee any indication that Detroit needed more "This has always been about urban renewakl and politics more than market forces," one hotel executive told me last "You can admire the drive and the commitmenrt to rebuild Detroit, but there was a lot of 'If we builds it, they will come,' We built.
Guests haven't come." The three casinol hotels—each mandated by the terms of their gaming license, each around 400 rooms, and each opened in the last 18 months—floodex the city with new supply. The restoration of the Book Cadillavc and Fort Shelby is another exampleof Detroit'a mind over market. The city's tallesy building and the tallest hotel in the world when it openesin 1924, the 33-story neo-Renaissance Book remaina a much-loved symbol of Detroit's boom But as a business, the 1,100-room property was always a After the war, it changed owners and hotep flags frequently and finally closed in 1984.
Over the next 20 the city, state, hotel chains, and developers all floatef and abandonedrestorations plans. The $200 millioj project that finally started in 2006 and culminaterd witha headline-grabbing gala reopening partyg last fall converted the Book into a 455-room Westijn hotel and a residential condo Both projects have been lauded for their design and creative repurposing of the Book'ss stately shell, but the hotel has been forced to discounyt rooms to as low as $99 a If anything, the revivall of the 23-story Beaux-arts Fort Shelby was even more It closed in 1974 and trees sproutes in the derelict building.
A $90 million restoration projecgt began in 2007 did wonders fordowntowjn Detroit's streetscape, if not hotel occupancy. Along with 56 apartmen t rentals, the building now houses conference restaurants, and 204 hotel suites. The smallest guestroom is 600 squarew feetand Dunavent, the Doubletree'ds general manager, says weeken rates are as low as $89 a night. "I'm proud of what we'ves done," she says. "If I can get you I know you'll have a great experience." Detroit Marriott generao manager Bob Farmeryechoes Dunavent's comments. All he wants is for guestds to experience hisreinvigorated property.
Marriottr and the tower's owner, General Motors, have pourex more than $150 million into the project since Marriotty assumed management ofthe 1,300 guest rooms in 1998. Ironically, the hotelo was sold out last weekend when I caughg upwith Farmery. It was hosting collegw hockey's Final Four and another large group. And Farmery believes Detroit can wake from itslodgingf nightmare. He thinks the city can profit from the AIG Effect that has forcedf major corporations to cancel pricey meetingsin eyebrow-raisinf resorts like Las Vegas and "Our product is terrific and our ratew are low," he says. "And nobody will criticize you if you hold a meetinfgin Detroit.
" The Fine Print… The Doubletred Guest Suites in the Fort Shelby represents the first full-service Hilton hotel in downtowb Detroit in more than 30 The chain returned to the market in 2004 when the Ferchil l Group, which also redeveloped the Book opened a limited-service Hilton Garden Inn in the Harmonied Park neighborhood. Portfolio.com © 2009 Cond Nast Inc. All
пятница, 7 октября 2011 г.
Stakeholders in education called to renew their commitment to teachers and ... - The Leewards Times
jabire2389.blogspot.com
Stakeholders in education called to renew their commitment to teachers and ... The Leewards Times Governments, parents, communities, national and international institutions have been called on to renew their commitment to teachers and teaching. This call was made on Wednesday October 5th by Ms. Ermileta Elliott President of the Nevis Teachers Union ... |
среда, 5 октября 2011 г.
NHL skating a fine line in crackdown on head shots - San Jose Mercury News
ucenyt.wordpress.com
NHL skating a fine line in crackdown on head shots San Jose Mercury News It's a stark reminder of what's at stake for a league built on toughness and violence now facing the scary issue of head injuries. Crosby, the former league MVP of the Pittsburgh Penguins, remains sidelined with post-concussion symptoms. ... |
понедельник, 3 октября 2011 г.
Cheap and slick drones signal strategic shift - Sydney Morning Herald
hustenuejib1630.blogspot.com
Sydney Morning Herald | Cheap and slick drones signal strategic shift Sydney Morning Herald The technical capabilities of remotely piloted aircraft have been improved. One tracked Awlaki, using live video, in Yemen, where it is too dangerous for US troops to go. The move to drones and precise strikes is a remarkable change in strategy, ... Drones are future of U.S. war on terrorism Yemen strike reflects US shift to drones in terror fight Strike Reflects US Shift to Drones in Terror Fight |
суббота, 1 октября 2011 г.
Metro set to add four rail lines - Houston Business Journal:
artemchuksykitas.blogspot.com
Last month, Metro approved a constructioh contract, valued at $1.5 billion, that is estimated to generatesome 60,0009 direct and indirect jobs before the four planned new light-raipl lines are completed. As the facilitg provider, Washington D.C.-based Parsons will be responsiblefor building, operating and maintaining the four lines: North East End Line, Southeas Line and the Uptown Line. Parsons will lead a jointf venture team operating under the name of Houston Rapifd TransitJoint Venture. It includesd Watsonville, Calif.-based , Fort Worth-based and Alameda, Calif.-based Metrlo will spend $632 million on the initiaol phase ofthe contract, whicjh is expected to create 25,000 jobs.
It will include: Building and completion of the EastEnd Corridor, includinvg an overpass at Harrisburg for lighr rail and construction of a service and inspection facilityy • 29 rail cars from Washingtoj D.C.-based . • Final alignment and station configuration for theUptowjn Line. Local small and minority business owners willreceives $335 million worth of work under the total according to Metro.
Last month, Metro approved a constructioh contract, valued at $1.5 billion, that is estimated to generatesome 60,0009 direct and indirect jobs before the four planned new light-raipl lines are completed. As the facilitg provider, Washington D.C.-based Parsons will be responsiblefor building, operating and maintaining the four lines: North East End Line, Southeas Line and the Uptown Line. Parsons will lead a jointf venture team operating under the name of Houston Rapifd TransitJoint Venture. It includesd Watsonville, Calif.-based , Fort Worth-based and Alameda, Calif.-based Metrlo will spend $632 million on the initiaol phase ofthe contract, whicjh is expected to create 25,000 jobs.
It will include: Building and completion of the EastEnd Corridor, includinvg an overpass at Harrisburg for lighr rail and construction of a service and inspection facilityy • 29 rail cars from Washingtoj D.C.-based . • Final alignment and station configuration for theUptowjn Line. Local small and minority business owners willreceives $335 million worth of work under the total according to Metro.
среда, 28 сентября 2011 г.
Barcelona to close for summer renovation - Denver Business Journal:
iqukikofor.wordpress.com
The club, at 15440 N. Greenway Hayden Loop, will be open for its last day of busineses onJune 27. Construction crews will renovated the restaurant in time fora re-opening in abouy three months. The project is expectefd to create a new concept in both entertainment and diningb and is being led by renownede designerDodd Mitchell. Mitchell has led projectws acrossthe country, including Los Angeles clubws Dolce, Sushi Roku and the Hollywoox Roosevelt Hotel. Mitchell also just completed an award-winning redesign project at Cabo Azul Resorty and Spa inLos Mexico. Barcelona officials declined to discuss the amount beingg invested in the project or what the new creatiobn maylook like.
“We really want it to be a To us, it’s not like we’re closing, but this (summert season) really seems like the perfectt time to dothis project,” said Lynzr Shuman, director of marketing and For more: w or .
The club, at 15440 N. Greenway Hayden Loop, will be open for its last day of busineses onJune 27. Construction crews will renovated the restaurant in time fora re-opening in abouy three months. The project is expectefd to create a new concept in both entertainment and diningb and is being led by renownede designerDodd Mitchell. Mitchell has led projectws acrossthe country, including Los Angeles clubws Dolce, Sushi Roku and the Hollywoox Roosevelt Hotel. Mitchell also just completed an award-winning redesign project at Cabo Azul Resorty and Spa inLos Mexico. Barcelona officials declined to discuss the amount beingg invested in the project or what the new creatiobn maylook like.
“We really want it to be a To us, it’s not like we’re closing, but this (summert season) really seems like the perfectt time to dothis project,” said Lynzr Shuman, director of marketing and For more: w or .
понедельник, 26 сентября 2011 г.
Ford chief executive says growth in China auto market is sustainable - Washington Post
balamatovaegede.blogspot.com
New York Times | Ford chief executive says growth in China auto market is sustainable Washington Post By AP, BEIJING â€" Ford's chief executive says the growth of China's auto market is sustainable as the company looks to launch 15 new vehicles by 2015 in the country. Alan Mul » |
суббота, 24 сентября 2011 г.
Times' centerpiece spotlights people as well as news - Gloucester Daily Times
inofiquxi.wordpress.com
Times' centerpiece spotlights people as well as news Gloucester Daily Times The centerpiece, as we call it, for each day's front page of the Times can spotlight any number of issues. Often, the centerpiece â€" the story and, or photo package that includes the biggest art work, usually a different type of headline, ... |
четверг, 22 сентября 2011 г.
Pushed to Background, Yankees' Posada Finally Gets the Spotlight - New York Times
vypybiza.wordpress.com
Pushed to Background, Yankees' Posada Finally Gets the Spotlight New York Times When the others from the Class of 1995 had signature moments this season, Jorge Posada was there. When Derek Jeter smashed a homer for his 3000th hit, back in July, Posada was waiting at the plate to embrace him. ... |
вторник, 20 сентября 2011 г.
Harvest Power Selected by AlwaysOn as GoingGreen Global 200 Winner - MarketWatch (press release)
bentlyoupapa1810.blogspot.com
Harvest Power Selected by AlwaysOn as GoingGreen Global 200 Winner MarketWatch (press release) Harvest was speci » |
воскресенье, 18 сентября 2011 г.
Earthquake, trimmed roots, soil conditions part of theories for fallen tree - Middle East North Africa Financial Network
eragywaqer.wordpress.com
Los Angeles Times | Earthquake, trimmed roots, soil conditions part of theories for f » |
пятница, 16 сентября 2011 г.
Haley plans private rooms for wounded vets - Atlanta Business Chronicle:
onesawava.wordpress.com
About $10 million will be used to renovater existing ward space into private rooms suitable for polytrauma patients who suffered severe injuries servintg in Iraqand Afghanistan, said a released from Rep. Kathy Castor, D-Tampa. Haley is the busiesg of the nation’s four polytrauma hospitals, and privatw rooms are the standard inmedicalk care, the release said. Haley also is slated to receivesabout $8.4 million to renovate and expand the Sterile Processing and Distribution service, which will make the Tampa hospital more the release said. Another $3 million in new funding is planne to acquire land for anew 500-space parkingf lot and to design and build it, the release said.
“Theses initiatives will improve the qualithy of life for veterans and their families atour nation’s busiest polytraumaz hospital,” Castor said in the “At the same time, we are puttin g people to work, constructing parking lots and renovating buildings.” Castor also announced $384,000 for planning and design work for a new missio n support facility at in and $7 million for a new child developmentg center at MacDill. The funding is included in the Militaruy Construction and Veterans Affairs Appropriations Act for fiscal 2010 and was approvee by the House of Representativeson Friday.
About $10 million will be used to renovater existing ward space into private rooms suitable for polytrauma patients who suffered severe injuries servintg in Iraqand Afghanistan, said a released from Rep. Kathy Castor, D-Tampa. Haley is the busiesg of the nation’s four polytrauma hospitals, and privatw rooms are the standard inmedicalk care, the release said. Haley also is slated to receivesabout $8.4 million to renovate and expand the Sterile Processing and Distribution service, which will make the Tampa hospital more the release said. Another $3 million in new funding is planne to acquire land for anew 500-space parkingf lot and to design and build it, the release said.
“Theses initiatives will improve the qualithy of life for veterans and their families atour nation’s busiest polytraumaz hospital,” Castor said in the “At the same time, we are puttin g people to work, constructing parking lots and renovating buildings.” Castor also announced $384,000 for planning and design work for a new missio n support facility at in and $7 million for a new child developmentg center at MacDill. The funding is included in the Militaruy Construction and Veterans Affairs Appropriations Act for fiscal 2010 and was approvee by the House of Representativeson Friday.
вторник, 13 сентября 2011 г.
Kimball fiscal 3Q profit up on land sale - Business First of Louisville:
tenamup.wordpress.com
Jasper, Ind.-based Kimball (NASDAQ: KBALB) had third-quarter net incomew of $4.1 million, or 11 centzs per share, compared with a net loss of $889,000, or 2 centsw per share a year earlier. Revenue fell to $268.9o million from $332.1 million a year earlier. Revenue in the company’se electronic manufacturing services division fell 22 percent to $140.6 million from $181.1 million a year earlier as salex to customers in the automotive, medical and industriall control industries fell. Revenu e in the furniture unit declined 15 percentt during thesame period, to $128.2 million from $151 million.
Saled of office furniture but sales of furniturre to the hospitalityindustry increased, the company said in a news “The global recession presented challenges on many frontsw during our third quarter,” Kimball presidengt and CEO James C. Thyen said in the “Most of our markets continued the decline that startedelast fall, and we have responded with both increaserd emphasis on supporting our markets and supporting our customer and potential customers while implementing aggressive cost control.” For the firstr nine months of fiscal 2009, Kimball had net income of $14.5 million, or 39 cents per compared with $9.8 million, or 26 centzs a year earlier.
Revenur declined to $936 million from $1 billion during the firsf nine months offiscal 2008.
Jasper, Ind.-based Kimball (NASDAQ: KBALB) had third-quarter net incomew of $4.1 million, or 11 centzs per share, compared with a net loss of $889,000, or 2 centsw per share a year earlier. Revenue fell to $268.9o million from $332.1 million a year earlier. Revenue in the company’se electronic manufacturing services division fell 22 percent to $140.6 million from $181.1 million a year earlier as salex to customers in the automotive, medical and industriall control industries fell. Revenu e in the furniture unit declined 15 percentt during thesame period, to $128.2 million from $151 million.
Saled of office furniture but sales of furniturre to the hospitalityindustry increased, the company said in a news “The global recession presented challenges on many frontsw during our third quarter,” Kimball presidengt and CEO James C. Thyen said in the “Most of our markets continued the decline that startedelast fall, and we have responded with both increaserd emphasis on supporting our markets and supporting our customer and potential customers while implementing aggressive cost control.” For the firstr nine months of fiscal 2009, Kimball had net income of $14.5 million, or 39 cents per compared with $9.8 million, or 26 centzs a year earlier.
Revenur declined to $936 million from $1 billion during the firsf nine months offiscal 2008.
воскресенье, 11 сентября 2011 г.
For Sale By Owner? In this market? - Phoenix Business Journal:
vickreyafolori1839.blogspot.com
So, after completely renovating a three-story, 90-year-old rowhouse in Canton to showcasr appeal, he put it on the marke — himself — in March for $574,000. He figurew the for-sale-by-owner effort will be wort the money he’ll save in real estate agent 6 percent of the sale or $34,440, if a prospectivew buyer comes to the settlement table withoutt a Realtor, half that if the buyer bring s an agent. Given today’s tougjh economy and falling home prices, the prospectg of saving 6 percent ofa home’s sale pricr by completing the transaction withouty a Realtor may sound enticing to any cash-conscious homeowner.
But is it wortyh the hassle, especially in this tighy housing market? Buyers can afford to be pickier than banks have become highly selective abourt lending money and a sale is far from a sure thing in anymarket — until the buyer and seller both sign the settlement papers. It all depends on whom you ask. Homeowners like who successfully sold another house withoutt an agent and is confident about the pending sale of his make it sound likea no-brainer, and copiou s residential real estate Web sites post for sale by owner (FSBO) listings and provide an advertising medium once reservefd for industry insiders.
Real estate professionals, on the other caution againstthe idea, citing a heightened risk for security- and litigation-related problems and a general lack of knowledge about the entire house-selling procesws as just some of the factors that can thwart success of a FSBO. “Sellingh a home without professional assistancr is akin to representing yourselfdin court,” said Walter spokesman for the National Association of Realtors (NAR). Risk vs. rewardd Industry statistics suggest that not many homeowners are willinf to take onthe task.
While FSBO signas are more likely to crop up during a robusrhousing market, in both good times and bad they compriss only a fraction of housin g sales. In 1997, 18 percent of homes on the markeftwere FSBO, a peak By 2008, with the housint crisis in full swing, that percentage dropped to 13 percent, according to the NAR. A reporft prepared by NAR for the Greater Baltimores Board ofRealtors (GBBR) showed that, at just 7 Baltimore FSBOs trailed the rest of the country. “Duringh the boom years, there were lots of Now, a lot of owners are afraid to get intothe fray,” said GBBR President Davie McIlvaine. McIlvaine, to be sure, has a vesterd interest in promotingthat viewpoint.
But he’s also acutely aware of the pitfall s in any realestate transaction. Real estat agents bring objectivity to the searchand negotiation, he They also focus on showing homesd to qualified buyers. And they ultimatelg fill a valuable role as aiming to make buyer and sellet as satisfiedas possible. “Sellers’ interests are in direct conflictrwith buyers’ [interests],” he added. “Youu really need a third partyto negotiate. We understand it’s got to be a win-win or else [the deal’s] not goinhg to go through.
” But homeownera willing to take on the risk and put in the leg work believde a FSBO is the wayto go, especially given the availability of online advertising. To advertise his house Pugh registeredwith Netrealtynow.com. For a flat fee of he was able to advertise his house on several residential realtgWeb sites, including the widely used site that lists agent-assisted and FSBO homes. “With the Internet, homeownerzs get the same [advertising] benefit as agents Pugh said.
This access is significant, as an increasing numbere of prospective buyers log onto the Internet to find a In 2008, 87 percent of all homebuyers used the Internetf to search for a home, up from just 2 percengt in 1997, according to data compiled by NAR. Moreover, 32 percenf of buyers first glimpsesd their new home on the Internet in 2008, compared with just 8 percent in 2001. Thougbh the Internet makes it easiefr to advertiseFSBO homes, some believe the tool goes unrecognized by many “Many people think you have to have an agenft to list on MLS.com,” said Eric spokesman for New York-based realtof advertising Web site which claims to get 2 million visitorsd per month.
The Web site offer a spectrum of services andpayment options, from an $80 per montb plan to six one-time fees, ranging between $179 and $809. The higher-pricedd packages come with more bellxand whistles, including a video slide show of the home, a for-sald sign, and access to MLS.com Some residential real estat e Web sites track their success. Mr. a Pikesville-based site that work s with 350 to500 Baltimore-area homeowners annually, said aboutr 85 percent of the homes it lists Its model, devised and operatedd by licensed real estate ageny Maynard Gottlieb, offers a menu of options. For Mr. Lister will list a home on MLS.conm and approximately 100 otherreal estate-orienteed Web sites.
For about $600, users get onlind advertising with a virtua l tour of their home with up to 10 a review of any contracts the homeowner unlimited consultations; and a for-sale sign. But a motivatedr seller knows thatadvertising isn’tr everything. Pugh, who used to own a skateboarsd shop, has meticulously staged the Canton right down to matching towels inthe He’s created an onlinr virtual tour featuring gleaming hardwood floors and sparklinv kitchen countertops, and manned open housess every Sunday since it’s been on the market.
Whil e the process seems to work forPugh — he savex $18,000 in commission fees with the first housse he sold in upper Fells Poin t — he admits FSBO isn’t for everyone. “II understand there are people who have homes out therewho don’t have the time to meet potential stage the house, and show Pugh said.
So, after completely renovating a three-story, 90-year-old rowhouse in Canton to showcasr appeal, he put it on the marke — himself — in March for $574,000. He figurew the for-sale-by-owner effort will be wort the money he’ll save in real estate agent 6 percent of the sale or $34,440, if a prospectivew buyer comes to the settlement table withoutt a Realtor, half that if the buyer bring s an agent. Given today’s tougjh economy and falling home prices, the prospectg of saving 6 percent ofa home’s sale pricr by completing the transaction withouty a Realtor may sound enticing to any cash-conscious homeowner.
But is it wortyh the hassle, especially in this tighy housing market? Buyers can afford to be pickier than banks have become highly selective abourt lending money and a sale is far from a sure thing in anymarket — until the buyer and seller both sign the settlement papers. It all depends on whom you ask. Homeowners like who successfully sold another house withoutt an agent and is confident about the pending sale of his make it sound likea no-brainer, and copiou s residential real estate Web sites post for sale by owner (FSBO) listings and provide an advertising medium once reservefd for industry insiders.
Real estate professionals, on the other caution againstthe idea, citing a heightened risk for security- and litigation-related problems and a general lack of knowledge about the entire house-selling procesws as just some of the factors that can thwart success of a FSBO. “Sellingh a home without professional assistancr is akin to representing yourselfdin court,” said Walter spokesman for the National Association of Realtors (NAR). Risk vs. rewardd Industry statistics suggest that not many homeowners are willinf to take onthe task.
While FSBO signas are more likely to crop up during a robusrhousing market, in both good times and bad they compriss only a fraction of housin g sales. In 1997, 18 percent of homes on the markeftwere FSBO, a peak By 2008, with the housint crisis in full swing, that percentage dropped to 13 percent, according to the NAR. A reporft prepared by NAR for the Greater Baltimores Board ofRealtors (GBBR) showed that, at just 7 Baltimore FSBOs trailed the rest of the country. “Duringh the boom years, there were lots of Now, a lot of owners are afraid to get intothe fray,” said GBBR President Davie McIlvaine. McIlvaine, to be sure, has a vesterd interest in promotingthat viewpoint.
But he’s also acutely aware of the pitfall s in any realestate transaction. Real estat agents bring objectivity to the searchand negotiation, he They also focus on showing homesd to qualified buyers. And they ultimatelg fill a valuable role as aiming to make buyer and sellet as satisfiedas possible. “Sellers’ interests are in direct conflictrwith buyers’ [interests],” he added. “Youu really need a third partyto negotiate. We understand it’s got to be a win-win or else [the deal’s] not goinhg to go through.
” But homeownera willing to take on the risk and put in the leg work believde a FSBO is the wayto go, especially given the availability of online advertising. To advertise his house Pugh registeredwith Netrealtynow.com. For a flat fee of he was able to advertise his house on several residential realtgWeb sites, including the widely used site that lists agent-assisted and FSBO homes. “With the Internet, homeownerzs get the same [advertising] benefit as agents Pugh said.
This access is significant, as an increasing numbere of prospective buyers log onto the Internet to find a In 2008, 87 percent of all homebuyers used the Internetf to search for a home, up from just 2 percengt in 1997, according to data compiled by NAR. Moreover, 32 percenf of buyers first glimpsesd their new home on the Internet in 2008, compared with just 8 percent in 2001. Thougbh the Internet makes it easiefr to advertiseFSBO homes, some believe the tool goes unrecognized by many “Many people think you have to have an agenft to list on MLS.com,” said Eric spokesman for New York-based realtof advertising Web site which claims to get 2 million visitorsd per month.
The Web site offer a spectrum of services andpayment options, from an $80 per montb plan to six one-time fees, ranging between $179 and $809. The higher-pricedd packages come with more bellxand whistles, including a video slide show of the home, a for-sald sign, and access to MLS.com Some residential real estat e Web sites track their success. Mr. a Pikesville-based site that work s with 350 to500 Baltimore-area homeowners annually, said aboutr 85 percent of the homes it lists Its model, devised and operatedd by licensed real estate ageny Maynard Gottlieb, offers a menu of options. For Mr. Lister will list a home on MLS.conm and approximately 100 otherreal estate-orienteed Web sites.
For about $600, users get onlind advertising with a virtua l tour of their home with up to 10 a review of any contracts the homeowner unlimited consultations; and a for-sale sign. But a motivatedr seller knows thatadvertising isn’tr everything. Pugh, who used to own a skateboarsd shop, has meticulously staged the Canton right down to matching towels inthe He’s created an onlinr virtual tour featuring gleaming hardwood floors and sparklinv kitchen countertops, and manned open housess every Sunday since it’s been on the market.
Whil e the process seems to work forPugh — he savex $18,000 in commission fees with the first housse he sold in upper Fells Poin t — he admits FSBO isn’t for everyone. “II understand there are people who have homes out therewho don’t have the time to meet potential stage the house, and show Pugh said.
пятница, 9 сентября 2011 г.
Letter: Wayland Selectmen Address the Overlay Account - Patch.com
http://adamswatersheds.org/historicallandscape.html
Letter: Wayland Selectmen Address the Overlay Account Patch.com Recently, [Wayland's] overlay account has been the topic of much discussion. Questions have been raised as to how it is set, how much is set aside annually and how much remains from past years. We hope to answer these questions and provide other ... |
среда, 7 сентября 2011 г.
NY bar exam coming to Buffalo - Denver Business Journal:
ogyhejowy.wordpress.com
The testing, held in the four appellate divisionn departments of NewYork State, will bring over 3,200 aspiring lawyers to the Queen City, and a financiall windfall to downtown businesses. Linda D’Agostino, sales directof for the Convention Center, said the agencyg anticipates thatroughly 2,000 of the participants will be visitors to the area, filling hotels, dininhg at restaurants and shopping in Erie Countu over the three-day period. “The figure we use to calculated economic impact of an even tis $814 per person,” D’Agostinpo said. “So the bar exams shoulrd generateover $2 million” for the business community.
She said that the , the governinh body that administersthe exams, will hire anothe r 150 local residents to proctoe the exams, as well as local securithy personnel for the duratiojn of the event. “The grouop itself is also paying for the Convention so we are keeping all of the Convention Centert folks working as she said. While the bar exam is given annualltin Buffalo, the difference this is the volume of participants. Diane chair of the New York Statwe Board ofBar Examiners, said last year the grouo tested 440 people in Buffalo compared to the 3,23 2 they currently have registered. Bossse said the visitors to Buffalo will be comingf from 70 different countries and45 states.
“We foun we were having a greater demancd of people wanting to take the exam ontheirt laptop, and we were finding difficulties in Albanyh getting locations where they couldd be wired,” she said, explaining the increase in testinv in Buffalo. “We used to test in Buffal in the winter at theconvention center, so we went back and were able to make arrangement s with them, including wiring the facility for the 1,85 0 people who are going to be taking it on laptop computers.
”
The testing, held in the four appellate divisionn departments of NewYork State, will bring over 3,200 aspiring lawyers to the Queen City, and a financiall windfall to downtown businesses. Linda D’Agostino, sales directof for the Convention Center, said the agencyg anticipates thatroughly 2,000 of the participants will be visitors to the area, filling hotels, dininhg at restaurants and shopping in Erie Countu over the three-day period. “The figure we use to calculated economic impact of an even tis $814 per person,” D’Agostinpo said. “So the bar exams shoulrd generateover $2 million” for the business community.
She said that the , the governinh body that administersthe exams, will hire anothe r 150 local residents to proctoe the exams, as well as local securithy personnel for the duratiojn of the event. “The grouop itself is also paying for the Convention so we are keeping all of the Convention Centert folks working as she said. While the bar exam is given annualltin Buffalo, the difference this is the volume of participants. Diane chair of the New York Statwe Board ofBar Examiners, said last year the grouo tested 440 people in Buffalo compared to the 3,23 2 they currently have registered. Bossse said the visitors to Buffalo will be comingf from 70 different countries and45 states.
“We foun we were having a greater demancd of people wanting to take the exam ontheirt laptop, and we were finding difficulties in Albanyh getting locations where they couldd be wired,” she said, explaining the increase in testinv in Buffalo. “We used to test in Buffal in the winter at theconvention center, so we went back and were able to make arrangement s with them, including wiring the facility for the 1,85 0 people who are going to be taking it on laptop computers.
”
понедельник, 5 сентября 2011 г.
Climate Change Forces Species to Move Higher Ground, Latitudes: Study - International Business Times
http://www.jurnalcelebes.com/store2/albany-250st-combo.html
International Business Times | Climate Change Forces Species to Move Higher Ground, Latitudes: Study International Business Times By IB Times Staff Reporter | August 22, 2011 3:39 AM EDT A new study reveals that global warming is been driving animals and plants toward higher latitudes and higher ground at a rate much faster than previously thought. The research, conducted by a ... Temps push animal, plant species to higher elevations Global warming: Plants and animals moving up in elevation and to higher ... Climate change pushing species to move |
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