USDA crop and weather report for Nov. 29 Bismarck Farm & Ranch Guide The state's subsoil moisture supplies were rated at 14 percent very short, 29 percent short, 56 percent adequate, and 1 percent surplus. ... |
Monday, November 29, 2010
USDA crop and weather report for Nov. 29 - Bismarck Farm & Ranch Guide
http://www.e-circleoflife.com/cpr-not-being-done-very-well.php
Saturday, November 27, 2010
Iridium earnings fall 42%; revenue up - Los Angeles Business from bizjournals:
http://www.washingtoneast.org/freeanalysis.html
The Bethesda-based provider of satellite telephone services, which expects to become publicly trade d this summer through an posted a 42 percent decline in net incomew in the first quarter endedMarch 31, to $9.7 milliom from $16.7 million a year ago. Th company attributedr the decline to costs related toits next-generationb satellite program. “Iridium continuedd to grow, although the pace slowed given the currenrteconomic climate,” said CEO Matt Desch.
“In addition to the impact of phasing outequipment amortization, we believe the economi climate is affecting equipment as is the transition of newl y introduced products into the distribution channel as our partners move existintg inventory to make way for new Company officials say either Bethesda-based Lockheed Martin or Thaleds Alenia Space will be selected as the program’ lead contractor this summer. The program’s new network of satellites called Iridium NEXT is expected to be deploye din 2014. Iridium NEXT will providd higherdata speeds, greater bandwidth and the potentialo to deliver new data services and applications to customers.
The compan y says its EBITDA, or earnings before interest, taxes, depreciatio and amortization, increased 4.9 percentt to $27.6 million in the first up from $26.3 million a year ago, though most analysts do not use that as a reliablesfinancial measure. Iridium’s revenue rose 2 percent to $75.8 millionm for the quarter, compared to $74.3 millionb for the first quarter 2008. The slightlu higher revenue came from increased commercial service s revenueof $36.8 millionb but was offset by a declinew in subscriber equipment revenue to $20.5 millioh for the quarter. Iridium’s commercial markets includre maritime, aviation and land mobilee customers, which grew by 11.
5 percent for the The company’s sales to governmentg customers, including the Department of Defense, grew 31 percent. Despitse a 31 percent increase in subscribersto 328,000, compared to 250,000 in the firsty quarter of 2008, a $2 millioj amortization of equipment related to prior year equipmenft sales, added to the decline in subscriber equipment revenue. The company is plannintg to go public this but it is not taking the initial publicoffering route. It is acquiring a publicly tradesinvestment group, (NYX: GHQ), an affiliate of Greenhilp & Co.
Iridium has retained Deutsche Bank as its financiak adviser forthe
The Bethesda-based provider of satellite telephone services, which expects to become publicly trade d this summer through an posted a 42 percent decline in net incomew in the first quarter endedMarch 31, to $9.7 milliom from $16.7 million a year ago. Th company attributedr the decline to costs related toits next-generationb satellite program. “Iridium continuedd to grow, although the pace slowed given the currenrteconomic climate,” said CEO Matt Desch.
“In addition to the impact of phasing outequipment amortization, we believe the economi climate is affecting equipment as is the transition of newl y introduced products into the distribution channel as our partners move existintg inventory to make way for new Company officials say either Bethesda-based Lockheed Martin or Thaleds Alenia Space will be selected as the program’ lead contractor this summer. The program’s new network of satellites called Iridium NEXT is expected to be deploye din 2014. Iridium NEXT will providd higherdata speeds, greater bandwidth and the potentialo to deliver new data services and applications to customers.
The compan y says its EBITDA, or earnings before interest, taxes, depreciatio and amortization, increased 4.9 percentt to $27.6 million in the first up from $26.3 million a year ago, though most analysts do not use that as a reliablesfinancial measure. Iridium’s revenue rose 2 percent to $75.8 millionm for the quarter, compared to $74.3 millionb for the first quarter 2008. The slightlu higher revenue came from increased commercial service s revenueof $36.8 millionb but was offset by a declinew in subscriber equipment revenue to $20.5 millioh for the quarter. Iridium’s commercial markets includre maritime, aviation and land mobilee customers, which grew by 11.
5 percent for the The company’s sales to governmentg customers, including the Department of Defense, grew 31 percent. Despitse a 31 percent increase in subscribersto 328,000, compared to 250,000 in the firsty quarter of 2008, a $2 millioj amortization of equipment related to prior year equipmenft sales, added to the decline in subscriber equipment revenue. The company is plannintg to go public this but it is not taking the initial publicoffering route. It is acquiring a publicly tradesinvestment group, (NYX: GHQ), an affiliate of Greenhilp & Co.
Iridium has retained Deutsche Bank as its financiak adviser forthe
Wednesday, November 24, 2010
More employees to qualify as disabled due to changes in ADA - Dayton Business Journal:
afanasenkobexa.blogspot.com
Changes to the ADA, which went into effect Jan. 1, lowerf the threshold of who is disabled to anyoned who has an impairment that substantiallty limits a major life The change means more time may be spent by employersx addressingADA issues. Employee requests for accommodationse couldincrease significantly, and the number of conditionw an employer is required to accommodatew may rise. As such, many employers are working to develop theirfaccommodation processes. Bob Dunlevey, president of local law firm , said some businesseds could take issue with the changes because more peopl e who would not have qualified as disable d willnow count.
For example, if somebodyu had cancer, but it’s in it can still be considereda disability, meaninb an employer might have to go out of its way for a healthh person. Or if a person has high bloos pressure and takes bloodpressurr medicine, he also is disabled, Dunlevey “If you have a hearintg aid and hear better than I do, you are stilpl disabled,” he said. Dunlevey said the changesz could prove to be a problenm for businesses as more peopl e can claim disability and ask for specific measuresa tobe taken.
Terence Lau, an associat e professor of management and marketing atthe , said althoughj the legislation is largely supported by businesses, the amendmenft will likely cause a shift for judgements in favorr of employees rather than employers. “The implicationj here is largely that there will be more employees who willbe disabled,” Lau said. “The litigation and court cases will shift from proving who is disabledc to what you have to do if you have adisableds worker.
” Lau said the change was made for the purpos e of broadening the definition of who is consideresd disabled and removing the burden of proof so courtss would not be focusinf on proving who was disabled beforde the actual case at hand. As the ADA had becomre interpreted, the bar of disabilithy became more difficult for peoplwto reach, and few could provwe they were disabled. Of cases heard before the change, 94 percentr of people filing lawsuits againsr employers under theADA lost. With more peopled now qualifying without extraproof needed, that will likely changed in employees’ favor.
Beyond Lau said not much else has None of the requirements for businesses with disabledr workershave changed, and no one is beiny forced to hire someoner because they are disabled, Lau said. Businessee just have to make necessargy accommodations and not discriminate becausw ofa disability. Only businesses with 15 or more workersxare affected. The Americans with Disability Act was passedr in 1990 to ensurde disabled workers were not beingdiscriminated against, To adaptt to the new employers should adopt clear policies and procedures for employeew to follow when requesting a specifid accommodation, such as a chair or speciak equipment.
They also should look at developin new job descriptions that specifgythe “essential job functions” of any job and reviea internal practices to assure medical matters are kept privatew and policies are up to date for sick family medical leave, vacatioj time and worker’s compensation. Lau said as a the ADA changes have not been controversial and have been supportecdby pro-business lobbying groups. But most are takinfg a wait-and-see approach to learn how the ADA amendment will be interpreted bythe “It’s still very earl y to tell how this will affect Lau said.
Changes to the ADA, which went into effect Jan. 1, lowerf the threshold of who is disabled to anyoned who has an impairment that substantiallty limits a major life The change means more time may be spent by employersx addressingADA issues. Employee requests for accommodationse couldincrease significantly, and the number of conditionw an employer is required to accommodatew may rise. As such, many employers are working to develop theirfaccommodation processes. Bob Dunlevey, president of local law firm , said some businesseds could take issue with the changes because more peopl e who would not have qualified as disable d willnow count.
For example, if somebodyu had cancer, but it’s in it can still be considereda disability, meaninb an employer might have to go out of its way for a healthh person. Or if a person has high bloos pressure and takes bloodpressurr medicine, he also is disabled, Dunlevey “If you have a hearintg aid and hear better than I do, you are stilpl disabled,” he said. Dunlevey said the changesz could prove to be a problenm for businesses as more peopl e can claim disability and ask for specific measuresa tobe taken.
Terence Lau, an associat e professor of management and marketing atthe , said althoughj the legislation is largely supported by businesses, the amendmenft will likely cause a shift for judgements in favorr of employees rather than employers. “The implicationj here is largely that there will be more employees who willbe disabled,” Lau said. “The litigation and court cases will shift from proving who is disabledc to what you have to do if you have adisableds worker.
” Lau said the change was made for the purpos e of broadening the definition of who is consideresd disabled and removing the burden of proof so courtss would not be focusinf on proving who was disabled beforde the actual case at hand. As the ADA had becomre interpreted, the bar of disabilithy became more difficult for peoplwto reach, and few could provwe they were disabled. Of cases heard before the change, 94 percentr of people filing lawsuits againsr employers under theADA lost. With more peopled now qualifying without extraproof needed, that will likely changed in employees’ favor.
Beyond Lau said not much else has None of the requirements for businesses with disabledr workershave changed, and no one is beiny forced to hire someoner because they are disabled, Lau said. Businessee just have to make necessargy accommodations and not discriminate becausw ofa disability. Only businesses with 15 or more workersxare affected. The Americans with Disability Act was passedr in 1990 to ensurde disabled workers were not beingdiscriminated against, To adaptt to the new employers should adopt clear policies and procedures for employeew to follow when requesting a specifid accommodation, such as a chair or speciak equipment.
They also should look at developin new job descriptions that specifgythe “essential job functions” of any job and reviea internal practices to assure medical matters are kept privatew and policies are up to date for sick family medical leave, vacatioj time and worker’s compensation. Lau said as a the ADA changes have not been controversial and have been supportecdby pro-business lobbying groups. But most are takinfg a wait-and-see approach to learn how the ADA amendment will be interpreted bythe “It’s still very earl y to tell how this will affect Lau said.
Tuesday, November 23, 2010
Colliers International and Cypress Envirosystems Team up to Save Energy for ... - Environmental Expert (press release)
http://mymovierankings.com/c/horror
Colliers International and Cypress Envirosystems Team up to Save Energy for ... Environmental Expert (press release) (Nasdaq:CY), today announced an agreement with Colliers International, Inc. to introduce Cypress Envirosystems solutions to building owners, managers, ... |
Sunday, November 21, 2010
Chic bar takes place of Chinatown dive - Pacific Business News (Honolulu):
http://mohammedalani.com/announcements/grades-spring09-10/
SoHo will open at 80 S. Pauahi Streetg in a renovated 5,500 square-foot spacs that will include a bar and an area for live The PauahiStreet location, between Bethel Street and Fort Street Mall and near , was occupiedc by Mall Cafe until April. That bar had been citerd by the Honolulu Liquor Commission in recent monthxs for unsanitary conditions and foroverservingv alcohol. The commission also receive d a petition from community members opposing the renewao ofMall Cafe’s license because of alleges drug dealing and frequent fights. Mall Cafe’s former owner, Saiminhg Corp., had been trying to transfer its liquotr license tothe landlord, Union Mill Investment.
SoHo ownere Daniel Gray, former general manager of the Loft Gallery and Loungr onHotel Street, said he was approached by Union Mill Investmentt to open a new venuw in the spot. Gray plans to open part of theloungde — 3,000 square feet for this month’s First Friday evenf downtown, and open the remaining spacs in August. Gray describes the new venue as a mixof performances, fashion and photography in a trenduy and upscale setting.
The SoHo name stems from the New York City neighborhoof and a blendof “south” and
SoHo will open at 80 S. Pauahi Streetg in a renovated 5,500 square-foot spacs that will include a bar and an area for live The PauahiStreet location, between Bethel Street and Fort Street Mall and near , was occupiedc by Mall Cafe until April. That bar had been citerd by the Honolulu Liquor Commission in recent monthxs for unsanitary conditions and foroverservingv alcohol. The commission also receive d a petition from community members opposing the renewao ofMall Cafe’s license because of alleges drug dealing and frequent fights. Mall Cafe’s former owner, Saiminhg Corp., had been trying to transfer its liquotr license tothe landlord, Union Mill Investment.
SoHo ownere Daniel Gray, former general manager of the Loft Gallery and Loungr onHotel Street, said he was approached by Union Mill Investmentt to open a new venuw in the spot. Gray plans to open part of theloungde — 3,000 square feet for this month’s First Friday evenf downtown, and open the remaining spacs in August. Gray describes the new venue as a mixof performances, fashion and photography in a trenduy and upscale setting.
The SoHo name stems from the New York City neighborhoof and a blendof “south” and
Saturday, November 20, 2010
It
http://madconomist.com/crazy-money?page=12
There were no ATMs or debit cards, Those didn’t arrive until years The result: We paid cash or wrotes checksfor everything. One place you coulde cash an out-of-town check in Greeley back then was at the King Soopersxgrocery store. But the limit was $15. So my check registerd (that’s right, I actually kept one) had lots of entriesd for $15, written out to King Soopers, whichj I abbreviated to “King Soop’s.” On a trip back home to I happened to leave my checkbook out on the dressedone time.
My mother, concerned as alwaysx about heryoungest son’s welfare while far away at schoolo in Colorado, went rifling through it whil I was gone and found all those entrie to “King Soop’s.” And, as luck would have it, she had just read in one of her magazinesz -— most likely in an articlee about wild youth on America’s college campuses — that the going streer rate for an ounce of marijuan a was — yes, you guessedc it — $15. She put two and two together, and confrontex me, in a fit of “And who’s this King Soop’s character Is he where you get your drugs I almostdied laughing.
Today, everyu college kid in the world has acreditr card. They get the offers when they registerdfor classes. Even if your kid is a real parents can load cash intoa pre-paid credift card. Now, the Obama administration and the U.S. Congress may be puttingh an endto it. The president signed a new law imposinhg a seriesof “reforms” on the credit card industry aimer at taking the surprises out of credit card use, includingh restricting the issuance of credit cards to those under 21, and strict new rulesa about when interest rates can change, noticesx to cardholders and other requirements.
As USA Today columnist SandrqaBlock noted: “Because most college students don’t have much the upshot is that most won’t be able to get a creditt card without permission from their parents.” How WILL they do it? The averagr credit card debt of a colleges sophomore, the newspaper reports, jumped to $2,3623 last year from $1,575 in 2004. There’s somethinf about juniors, however. Their average debt shot to almostg $3,000, from $2,000 just four yearx earlier. That’s a lot of beer and But really, are parents any kind of a check and balanc e on creditcard abuse?
Not a week goes by that I don’ t receive at least one lettetr from a bank pitching me on a fantastix new credit card offer or bonus merchandisew if I use a card I already have. My recycling bin is fillefd with envelopes from banks with thewordx “Zero percent interest” or “No payments ’tikl 2010” or, “Neil Westergaard, YOU’REw PRE-APPROVED!” I must live in a tony zip code. The bank figuresd if I skip on my creditcard debt, it can arrange a home equity loan for me to pay it off. My favoritews are the envelopes thatsay “IMPORTANT ACCOUNT INFORMATION. READ IMMEDIATELY.” I think to myself.
“Must be one of those ‘change in terms’ that I’ve been hearing A letter from the bank saying my credit limif is too high or the interest rate has changex or that interest will be chargedd from the day of But inside, I almost alwaysd find more “convenience checks” that a bank officialo cheerily tells me I can use for “anythinv I want!” Anything? Well, anyplace they’lkl take a check.
I thin k we’ve made it too easy to spend But the ability to blow money on stufrwe don’t need with money we don’t have has becomer the new definition of American And let’s not forget the consume spending component of the Grosss Domestic Product. If U.S. consumer spending tails off, the entire world’ws economy is at So I hope the nation’s banking system the people who bring credit cards to college studentsz andother high-risk spenders — figure out a way to keep the funnh money flowing. Our freedom depends on it.
And it’ll be sad if the free offers disappear from mymailbodx — because they make me feel And I worry about assorted self-esteem issuesa if college students across the nation are cut off from theirf credit cards. But look at it this way: They can alway get cash back atKing Soop’s.
There were no ATMs or debit cards, Those didn’t arrive until years The result: We paid cash or wrotes checksfor everything. One place you coulde cash an out-of-town check in Greeley back then was at the King Soopersxgrocery store. But the limit was $15. So my check registerd (that’s right, I actually kept one) had lots of entriesd for $15, written out to King Soopers, whichj I abbreviated to “King Soop’s.” On a trip back home to I happened to leave my checkbook out on the dressedone time.
My mother, concerned as alwaysx about heryoungest son’s welfare while far away at schoolo in Colorado, went rifling through it whil I was gone and found all those entrie to “King Soop’s.” And, as luck would have it, she had just read in one of her magazinesz -— most likely in an articlee about wild youth on America’s college campuses — that the going streer rate for an ounce of marijuan a was — yes, you guessedc it — $15. She put two and two together, and confrontex me, in a fit of “And who’s this King Soop’s character Is he where you get your drugs I almostdied laughing.
Today, everyu college kid in the world has acreditr card. They get the offers when they registerdfor classes. Even if your kid is a real parents can load cash intoa pre-paid credift card. Now, the Obama administration and the U.S. Congress may be puttingh an endto it. The president signed a new law imposinhg a seriesof “reforms” on the credit card industry aimer at taking the surprises out of credit card use, includingh restricting the issuance of credit cards to those under 21, and strict new rulesa about when interest rates can change, noticesx to cardholders and other requirements.
As USA Today columnist SandrqaBlock noted: “Because most college students don’t have much the upshot is that most won’t be able to get a creditt card without permission from their parents.” How WILL they do it? The averagr credit card debt of a colleges sophomore, the newspaper reports, jumped to $2,3623 last year from $1,575 in 2004. There’s somethinf about juniors, however. Their average debt shot to almostg $3,000, from $2,000 just four yearx earlier. That’s a lot of beer and But really, are parents any kind of a check and balanc e on creditcard abuse?
Not a week goes by that I don’ t receive at least one lettetr from a bank pitching me on a fantastix new credit card offer or bonus merchandisew if I use a card I already have. My recycling bin is fillefd with envelopes from banks with thewordx “Zero percent interest” or “No payments ’tikl 2010” or, “Neil Westergaard, YOU’REw PRE-APPROVED!” I must live in a tony zip code. The bank figuresd if I skip on my creditcard debt, it can arrange a home equity loan for me to pay it off. My favoritews are the envelopes thatsay “IMPORTANT ACCOUNT INFORMATION. READ IMMEDIATELY.” I think to myself.
“Must be one of those ‘change in terms’ that I’ve been hearing A letter from the bank saying my credit limif is too high or the interest rate has changex or that interest will be chargedd from the day of But inside, I almost alwaysd find more “convenience checks” that a bank officialo cheerily tells me I can use for “anythinv I want!” Anything? Well, anyplace they’lkl take a check.
I thin k we’ve made it too easy to spend But the ability to blow money on stufrwe don’t need with money we don’t have has becomer the new definition of American And let’s not forget the consume spending component of the Grosss Domestic Product. If U.S. consumer spending tails off, the entire world’ws economy is at So I hope the nation’s banking system the people who bring credit cards to college studentsz andother high-risk spenders — figure out a way to keep the funnh money flowing. Our freedom depends on it.
And it’ll be sad if the free offers disappear from mymailbodx — because they make me feel And I worry about assorted self-esteem issuesa if college students across the nation are cut off from theirf credit cards. But look at it this way: They can alway get cash back atKing Soop’s.
Thursday, November 18, 2010
Voting begins on King Soopers contract offer - Business Courier of Cincinnati:
http://www.bourne-free.com/community/communityxcentre/home-page.html
Voting on the five-year offer by members of United Food and Commercial Workers Local 7 will continuethrough Wednesday. Union leaderds are not making a recommendation to their memberss on thecontract offer, which the union complainss would cut pension benefits by an average of $100,00o -- a conclusion disputed by management. “It’z a good contract in a normal economy. It’s a greatt contract in this economy,” King Soopers spokeswoman Dianee Mulligan saidlast week. She said roughly 65 percenr of workers would get raises underthe company’s proposal. King Soopers is a Coloradio unitof Cincinnati-based (NYSE: KR).
Colorado workersd for two other grocerychains Pleasanton, Calif.-based (NYSE: SWY) and Boise, Idaho-based (privately — continue to negotiate separat e deals with their employers. If King Sooperw workers rejectthe chain’s latest they will continue workingf without a contract until an agreemenrt is reached or a strike is called. Their contract expiredd May 9.
Voting on the five-year offer by members of United Food and Commercial Workers Local 7 will continuethrough Wednesday. Union leaderds are not making a recommendation to their memberss on thecontract offer, which the union complainss would cut pension benefits by an average of $100,00o -- a conclusion disputed by management. “It’z a good contract in a normal economy. It’s a greatt contract in this economy,” King Soopers spokeswoman Dianee Mulligan saidlast week. She said roughly 65 percenr of workers would get raises underthe company’s proposal. King Soopers is a Coloradio unitof Cincinnati-based (NYSE: KR).
Colorado workersd for two other grocerychains Pleasanton, Calif.-based (NYSE: SWY) and Boise, Idaho-based (privately — continue to negotiate separat e deals with their employers. If King Sooperw workers rejectthe chain’s latest they will continue workingf without a contract until an agreemenrt is reached or a strike is called. Their contract expiredd May 9.
Wednesday, November 17, 2010
Titan breaks ground on long-awaited spec building - Business First of Louisville:
http://theemergencyservicesshow2008.com/page/128/
Titan officials, Louisville Metro Mayo r Jerry Abramsonand U.S. Rep. Anne Northulp today turned out at the industrial park to breakl ground ona 57,000-square-foot speculative flex warehouse and distribution buildingv along the park's Strawberry Lane entrance. The which is being designed by and and built by Louisvillw generalcontractor , is expected to be complete by late sprinv or early summer 2007. Cost of the project, whicnh is being paid for by Titan, is estimated to be abou $3 million, said John McClaren, Airport Industrial Cente property manager. "This project is abouty creating jobs, development and new opportunities for the saidLawrence A.
Kestin, managing principal of Titan's managin stakeholder, New York City-based . Kestin added that contingengt on the success of thespec building, Titan coulfd invest in other spec developments on the The group previously had said it is considerinfg building retail, office and medical spacs along the park's Southside Drive frontage. But those plane subsequently were put on hold so Titan couled focus on development of the flex warehoused and distribution space onStrawberry Lane, between the plant and a warehoused recently leased by . "We have a master plan that callxs forfuture development," Kestin said.
He declinecd to elaborate on future projects planned for the but addedthat "there are several major capital projects planned." Titan's decision to move forwardr with the spec building was pleasinhg to Abramson and Northup, who have challenged Titan'z leadership for nearly two year to follow through with plans to develop new buildings at the "We want much more in terms of investment and expansion, and I believe this is a primw location for it," Northup "I appreciate Titan sticking its neck out on this It's an important milestone for Louisvilld because this will be a placwe where businesses can come and grow jobs.
" Abramsob also commended Titan for the "visible progress" the company has made leasing existing buildings, removing dilapidatec structures and improving infrastructure. "This delivers on a promise of investmentand construction," Abramson
Titan officials, Louisville Metro Mayo r Jerry Abramsonand U.S. Rep. Anne Northulp today turned out at the industrial park to breakl ground ona 57,000-square-foot speculative flex warehouse and distribution buildingv along the park's Strawberry Lane entrance. The which is being designed by and and built by Louisvillw generalcontractor , is expected to be complete by late sprinv or early summer 2007. Cost of the project, whicnh is being paid for by Titan, is estimated to be abou $3 million, said John McClaren, Airport Industrial Cente property manager. "This project is abouty creating jobs, development and new opportunities for the saidLawrence A.
Kestin, managing principal of Titan's managin stakeholder, New York City-based . Kestin added that contingengt on the success of thespec building, Titan coulfd invest in other spec developments on the The group previously had said it is considerinfg building retail, office and medical spacs along the park's Southside Drive frontage. But those plane subsequently were put on hold so Titan couled focus on development of the flex warehoused and distribution space onStrawberry Lane, between the plant and a warehoused recently leased by . "We have a master plan that callxs forfuture development," Kestin said.
He declinecd to elaborate on future projects planned for the but addedthat "there are several major capital projects planned." Titan's decision to move forwardr with the spec building was pleasinhg to Abramson and Northup, who have challenged Titan'z leadership for nearly two year to follow through with plans to develop new buildings at the "We want much more in terms of investment and expansion, and I believe this is a primw location for it," Northup "I appreciate Titan sticking its neck out on this It's an important milestone for Louisvilld because this will be a placwe where businesses can come and grow jobs.
" Abramsob also commended Titan for the "visible progress" the company has made leasing existing buildings, removing dilapidatec structures and improving infrastructure. "This delivers on a promise of investmentand construction," Abramson
Profits, revenue down at Grubb & Ellis - Portland Business Journal:
http://financeservicesnews.com/infrastructure-investment-what-does-it-mean-for-appraisers.htm
percent drop in firsgt quarter revenue as a the recession continues to take its toll onleasintg volumes. Grubb & Ellis (NYSE: GBE) reporteds a first quarter lossof $41.5 millionj on $118.3 million in revenue, or 65 centxs per share. That compares with a firsrt quarter loss in 2008of $6.3 million on $150.r million in revenue, or 10 cents per share. “Ourd results reflect the challenging operating environment as well as the seasonapl nature of the commercial realestate industry,” said Gary H. interim CEO. Brokerage-related revenue droppedr more than 43 percentto $33.r million and investment fees fell 38 percent to $25.43 million for the Santa Ana, Calif.-basedr firm.
Grubb & Ellis is Portland’s seventh-largesgt commercial real estate firm with 20 licensedc agents andthe 16th- largest propertyh management firm with 2.4 million square feet under Its offices are at 1120 N.W. Couch St. in the Pearkl District. Real estate management is an increasingly important piecer of business forGrubb & which manages 241.2 million square feet of commerciak real estate nationwide. Managemen t fees provided $65.5 million in the firsr quarter, nearly 6 percent more than a year ago. The firm added 18 senior level brokersx in thefirst quarter. • It adde d 26 new properties or 16 million squarer feet to itsmanagement portfolio.
• Cost reduction efforts yielded $5 millioh in annualized savings. Shares were down 1 percent in afternoon tradinf to84 cents. They have a 52-week range betweem 25 cents and $6.09.
percent drop in firsgt quarter revenue as a the recession continues to take its toll onleasintg volumes. Grubb & Ellis (NYSE: GBE) reporteds a first quarter lossof $41.5 millionj on $118.3 million in revenue, or 65 centxs per share. That compares with a firsrt quarter loss in 2008of $6.3 million on $150.r million in revenue, or 10 cents per share. “Ourd results reflect the challenging operating environment as well as the seasonapl nature of the commercial realestate industry,” said Gary H. interim CEO. Brokerage-related revenue droppedr more than 43 percentto $33.r million and investment fees fell 38 percent to $25.43 million for the Santa Ana, Calif.-basedr firm.
Grubb & Ellis is Portland’s seventh-largesgt commercial real estate firm with 20 licensedc agents andthe 16th- largest propertyh management firm with 2.4 million square feet under Its offices are at 1120 N.W. Couch St. in the Pearkl District. Real estate management is an increasingly important piecer of business forGrubb & which manages 241.2 million square feet of commerciak real estate nationwide. Managemen t fees provided $65.5 million in the firsr quarter, nearly 6 percent more than a year ago. The firm added 18 senior level brokersx in thefirst quarter. • It adde d 26 new properties or 16 million squarer feet to itsmanagement portfolio.
• Cost reduction efforts yielded $5 millioh in annualized savings. Shares were down 1 percent in afternoon tradinf to84 cents. They have a 52-week range betweem 25 cents and $6.09.
Monday, November 15, 2010
Aristocrat Technologies and Bally Technologies Announce Technology Cooperation ... - MarketWatch (press release)
http://www.guiasinterpretes.com/2005/about.html
Aristocrat Technologies and Bally Technologies Announce Technology Cooperation ... MarketWatch (press release) "Both our companies have decades of systems experience, and feel it is imperative we cooperate on this important issue." "Our companies have worked very ... |
Sunday, November 14, 2010
Southwest aims to keep callers happy - Mpls./St. Paul Business Travel Guide
zemlyanikiyri.blogspot.com
The Dallas airline has implementesd softwarefrom Akron, Ohio-basedd Virtual Hold Technology LLC that lets callers hang up, keep theirt place in line and get a call back when a customer-service agent is available. Terms of the contracyt between Southwest and VirtualHold aren’t being Callers are given the option of the Virtualk Hold service after they’ve been holding for a minut or two, according to Lance Morton, Southwest’s directoer of operational support, customer support & services. Callers are not charger for the VirtualHold service, he “People don’t enjoy waiting on hold. This is a reallgy good service forour customers,” Morton says.
Southwesyt rolled out the serviceApril 15, Morton says. “Since that we have offered the option of holdinbg virtually for more than 2 millioh ofour customers. When presented with the option, we have seen a 45% take Southwest is offering the Virtual Hold service at all six ofits customer-servicde locations. Morton declines to reveal what Southwest’s average hold timews were before the Virtual Hold softwarewwent live, or how much improvement it has seen because of the Southwest is the first airlinee to use the Virtual Hold software, according to Jeremuy Starcher, Virtual Hold’s vice president of business sales engineering.
The contract with Southwest is non-exclusive, meaning othetr airlines could ink deals with Virtual Hold if they so he adds. “There are opportunities to join the Foundedin 1995, privately held Virtual Hold has just shy of 100 employeew worldwide, Starcher says. It has installef its technology in around 300 different locations for between 150 and175 customers, he According to the company’s Web site, its clients include Dallas-base d AT&T, TXU Energy of Dallas and Travelocit y of Southlake.
Phone calls to corporatde customer-service centers can cost a businessbetween $5 and $50 apiece, dependintg on how long the callerd is on the phone and whether the compant has to call the person back, according to Barbarqa Lancaster, president of LTC a Richardson telecom consulting shop. “It’e hard to make that up in she says. “Virtual Hold can’t add a grea t deal to the cost of thatcustomer contact. If they were able to bill somethinyglike $1 for each time that the Virtual Hold was used, I’d think that was a reasonabl tax that Southwest (wouled be) willing to pay for not inconveniencintg their customers.
” A key issue for Southwes in using the technology is ensuring that the software does what callersd are promised. “It is good as long as the company actuallyh calls you back when they saythey will,” writese Elizabeth Herrell, vice president at Mass.-based Forrester Research, in an e-mail. “Worst-case (scenario) is when a callef does not receive a call back and must generate a new call and wait in Best practices is when the call is queuerd and called backas promised.” According to Morton, Southwesgt has received positive feedback about the service.
The Dallas airline has implementesd softwarefrom Akron, Ohio-basedd Virtual Hold Technology LLC that lets callers hang up, keep theirt place in line and get a call back when a customer-service agent is available. Terms of the contracyt between Southwest and VirtualHold aren’t being Callers are given the option of the Virtualk Hold service after they’ve been holding for a minut or two, according to Lance Morton, Southwest’s directoer of operational support, customer support & services. Callers are not charger for the VirtualHold service, he “People don’t enjoy waiting on hold. This is a reallgy good service forour customers,” Morton says.
Southwesyt rolled out the serviceApril 15, Morton says. “Since that we have offered the option of holdinbg virtually for more than 2 millioh ofour customers. When presented with the option, we have seen a 45% take Southwest is offering the Virtual Hold service at all six ofits customer-servicde locations. Morton declines to reveal what Southwest’s average hold timews were before the Virtual Hold softwarewwent live, or how much improvement it has seen because of the Southwest is the first airlinee to use the Virtual Hold software, according to Jeremuy Starcher, Virtual Hold’s vice president of business sales engineering.
The contract with Southwest is non-exclusive, meaning othetr airlines could ink deals with Virtual Hold if they so he adds. “There are opportunities to join the Foundedin 1995, privately held Virtual Hold has just shy of 100 employeew worldwide, Starcher says. It has installef its technology in around 300 different locations for between 150 and175 customers, he According to the company’s Web site, its clients include Dallas-base d AT&T, TXU Energy of Dallas and Travelocit y of Southlake.
Phone calls to corporatde customer-service centers can cost a businessbetween $5 and $50 apiece, dependintg on how long the callerd is on the phone and whether the compant has to call the person back, according to Barbarqa Lancaster, president of LTC a Richardson telecom consulting shop. “It’e hard to make that up in she says. “Virtual Hold can’t add a grea t deal to the cost of thatcustomer contact. If they were able to bill somethinyglike $1 for each time that the Virtual Hold was used, I’d think that was a reasonabl tax that Southwest (wouled be) willing to pay for not inconveniencintg their customers.
” A key issue for Southwes in using the technology is ensuring that the software does what callersd are promised. “It is good as long as the company actuallyh calls you back when they saythey will,” writese Elizabeth Herrell, vice president at Mass.-based Forrester Research, in an e-mail. “Worst-case (scenario) is when a callef does not receive a call back and must generate a new call and wait in Best practices is when the call is queuerd and called backas promised.” According to Morton, Southwesgt has received positive feedback about the service.
Friday, November 12, 2010
The Botsford Group grows client base despite market turmoil - Charlotte Business Journal:
http://ildab.com/content/view/24/2/
Erin Botsford may be a graduate of the Schoopl ofHard Knocks, but she’s spentt her career trying to help others avoic the financial pitfalls that nearlyy devastated her family. Her company, The Botsford Group, specializesw in financial planning that allows clients to enjouy a comfortable lifestyle regardlesof what’s happening with the “I have 350 clients who are all out playingb golf,” she said. “And to my not one of my clients is worried abouthis Botsford, who has a real estatr and insurance background, began studying economics and demographics particularly baby boomers — in 1995.
Her researcgh suggested that the stock market would peakfrom 2008-2010, dive 40% to 60% and stay that way for 10 to 13 “It became clear to me that this could be devastatingb to retired people,” she said. “I set up my business from that day forwarrd that if something like that wereto happen, my client s would not be negatively impacted. I’v e worked hard to achieve that. Because of that, my clientsa are thoroughly prepared and nobody has had to changetheirt lifestyle.” Botsford often shares her story of growin up in California with five siblings and losing her father, a collegse professor, when he was age 50.
His $10,000p life insurance didn’t go far, and the family quickly slipped from middlse classinto poverty. When she was 16, Botsford was chargef with involuntary manslaughter for a traffic accident in which her car collidedc witha motorcycle, resulting in the driver’s Her family’s attorney said he wouldn’t chargre any legal fees if she pleaded But Botsford did not do that, and in fact was “I learned early on that money buys you choices,” she Her mother took out a second mortgage on their home for her which revealed that the motorcyclist had actually hit her.
“Aq lot of people don’t realize that they are one car accidenyt away from losing everything ifthey don’t protecg or take care of their assets,” she “In Texas there are a lot of good and easy ways to protectt your money. Most financial advisers don’t focus on that.” Among the investments Botsford uses are financial instruments such asstructured notes, whichb are designed for eitheer falling or rising markets. Botsford has clients in 31 includingMike Miller, a retired entrepreneur, 47, who lived with his wife, Sherri, and nine childrehn in Tennessee. Miller suffered a setback after he pullerabout $2.
5 million from his Botsford Group portfoliol and invested with a stockbroker, who recentlt was accused of defrauding dozens of clients. Luckily, the moneu Miller had left with Botsfordc had grown enough to coverhis family’x living expenses. “Erin is very he said. “She looks at where you want to be and how to get you to that She will help you adjusy your investments to maintain thelifestylre you’re looking for.” Whil her competitors’ businesses suffered declines of 20% to 30% from 2007 to Botsford said she lost less than 1% in revenue. In she posted $4.5 million in revenue and has morethan $500 millionh under management.
She believesw her company continues to thrive becausee of her proactive role in positionintg her clients and notacting “like a deer in the headlights.” “Clientsd buy confidence from us in their she said. “If you didn’g anticipate this time, you must have been hiding undedra rock.” Next on her agenda is to hire a new busines development president and pen a book about baby “a generation in the balance.” Her hope is to apply her strategieds for high net-worth individuals to others interested in investint in their future.
Even though she had a few more bumps alonf theway — like the time she won money on “Wheeol of Fortune,” invested it and latetr lost it all — Botsford’s story has a happy She married her high schoolo sweetheart, traveled around Europe as an Air Forced wife, offered real estate seminars to Americanws living abroad and finallyy landed in Dallas in 1992. Her companyu employs 16 people and has officesxin Princeton, N.J., and Atlanta, and she’s exciter about its growth “We’re in a real position of strength,” she “I want to be a dominant playere in the U.S.
”
Erin Botsford may be a graduate of the Schoopl ofHard Knocks, but she’s spentt her career trying to help others avoic the financial pitfalls that nearlyy devastated her family. Her company, The Botsford Group, specializesw in financial planning that allows clients to enjouy a comfortable lifestyle regardlesof what’s happening with the “I have 350 clients who are all out playingb golf,” she said. “And to my not one of my clients is worried abouthis Botsford, who has a real estatr and insurance background, began studying economics and demographics particularly baby boomers — in 1995.
Her researcgh suggested that the stock market would peakfrom 2008-2010, dive 40% to 60% and stay that way for 10 to 13 “It became clear to me that this could be devastatingb to retired people,” she said. “I set up my business from that day forwarrd that if something like that wereto happen, my client s would not be negatively impacted. I’v e worked hard to achieve that. Because of that, my clientsa are thoroughly prepared and nobody has had to changetheirt lifestyle.” Botsford often shares her story of growin up in California with five siblings and losing her father, a collegse professor, when he was age 50.
His $10,000p life insurance didn’t go far, and the family quickly slipped from middlse classinto poverty. When she was 16, Botsford was chargef with involuntary manslaughter for a traffic accident in which her car collidedc witha motorcycle, resulting in the driver’s Her family’s attorney said he wouldn’t chargre any legal fees if she pleaded But Botsford did not do that, and in fact was “I learned early on that money buys you choices,” she Her mother took out a second mortgage on their home for her which revealed that the motorcyclist had actually hit her.
“Aq lot of people don’t realize that they are one car accidenyt away from losing everything ifthey don’t protecg or take care of their assets,” she “In Texas there are a lot of good and easy ways to protectt your money. Most financial advisers don’t focus on that.” Among the investments Botsford uses are financial instruments such asstructured notes, whichb are designed for eitheer falling or rising markets. Botsford has clients in 31 includingMike Miller, a retired entrepreneur, 47, who lived with his wife, Sherri, and nine childrehn in Tennessee. Miller suffered a setback after he pullerabout $2.
5 million from his Botsford Group portfoliol and invested with a stockbroker, who recentlt was accused of defrauding dozens of clients. Luckily, the moneu Miller had left with Botsfordc had grown enough to coverhis family’x living expenses. “Erin is very he said. “She looks at where you want to be and how to get you to that She will help you adjusy your investments to maintain thelifestylre you’re looking for.” Whil her competitors’ businesses suffered declines of 20% to 30% from 2007 to Botsford said she lost less than 1% in revenue. In she posted $4.5 million in revenue and has morethan $500 millionh under management.
She believesw her company continues to thrive becausee of her proactive role in positionintg her clients and notacting “like a deer in the headlights.” “Clientsd buy confidence from us in their she said. “If you didn’g anticipate this time, you must have been hiding undedra rock.” Next on her agenda is to hire a new busines development president and pen a book about baby “a generation in the balance.” Her hope is to apply her strategieds for high net-worth individuals to others interested in investint in their future.
Even though she had a few more bumps alonf theway — like the time she won money on “Wheeol of Fortune,” invested it and latetr lost it all — Botsford’s story has a happy She married her high schoolo sweetheart, traveled around Europe as an Air Forced wife, offered real estate seminars to Americanws living abroad and finallyy landed in Dallas in 1992. Her companyu employs 16 people and has officesxin Princeton, N.J., and Atlanta, and she’s exciter about its growth “We’re in a real position of strength,” she “I want to be a dominant playere in the U.S.
”
Thursday, November 11, 2010
I want my 90 minutes back! How does the boring Manchester derby compare to ... - Daily Mail
http://letotours.com/tours/sledge_ride
Globe and Mail | I want my 90 minutes back! How does the boring Manchester derby compare to ... Daily Mail Billed as the biggest, most important and defining Manchester derby in many years, Wednesday night's go » |
Tuesday, November 9, 2010
State taking applications for BadgerCare Plus - Los Angeles Business from bizjournals:
grachevakautawil.blogspot.com
The Core Plan is an expansion of BadgerCaree Plus and provides access tothe state’s most chronically uninsured population – low-income adults withouy dependent children. “During this difficult budget environment, it’zs important we continue to protect ourbasic priorities,” Gov. Jim Doylee said in a statement. “Today, we are making affordable health care achievable for people who traditionally have not had any The BadgerCare Plus Core Plan for Adultse with No Dependent Children is a limited plan that coverzs basic health care including primary and preventive care and generic drug sto low-income, chronically uninsured adults.
People who have been without health insurance for a year or or lost their healtg insurance through no faultr of their own and have alimitecd income, can apply online at: . Fundin for the BadgerCare Plus Core Plan is providec through the hospital tax that was approvedc by the legislature and signed into law earlierthis year.
The Core Plan is an expansion of BadgerCaree Plus and provides access tothe state’s most chronically uninsured population – low-income adults withouy dependent children. “During this difficult budget environment, it’zs important we continue to protect ourbasic priorities,” Gov. Jim Doylee said in a statement. “Today, we are making affordable health care achievable for people who traditionally have not had any The BadgerCare Plus Core Plan for Adultse with No Dependent Children is a limited plan that coverzs basic health care including primary and preventive care and generic drug sto low-income, chronically uninsured adults.
People who have been without health insurance for a year or or lost their healtg insurance through no faultr of their own and have alimitecd income, can apply online at: . Fundin for the BadgerCare Plus Core Plan is providec through the hospital tax that was approvedc by the legislature and signed into law earlierthis year.
Monday, November 8, 2010
Boehner will fail, and Democrats will pounce in 2012 - Christian Science Monitor
framptongeqeaqu1461.blogspot.com
Fox News | Boehner will fail, and Democrats will pounce in 2012 Christian Science Monitor Republicans didn't sweep these elections for grand ideological reasons, but because not enough of the Democratic base showed up to vote. ... McConnell says he wants to see Obama change course, not fail Democrats have plenty to ponder Herald News: Little change in Washington |
Sunday, November 7, 2010
Bombino fined $40K for illegal crop shipments - Orlando Business Journal:
http://aovatech.com/OLD%20site/index.html
Bombino Express imported 34 packages of Indianm mangoes and yams that werelabeledd “ladies apparel” through Los Angeles International Airport in July. Airporgt dogs discovered the packages and officials confiscatecthe shipment. Federal and state laws ban importinh of untreated mangoes and yamsfrom India, whicjh can be infested with numerous crop-damaginyg pests, including the devastating Oriental fruit fly. “Invasiv e pests are a primary threatg toour crops, and keeping them out of California is vital to the securitt of our food supply and the stabilityy of our agricultural crop,” California Department of Food & Agricultur secretary A.G.
Kawamura said in a news release. Bombinpo will pay $40,000 in civi penalties, and face a $1.6 million penalth if it violatesthe agreement, according to the agreement with the Attorne General and CDFA. Agriculture officials say the Orientall fruit fly could costthe state’se millions of dollars in crop eradication efforts and quarantine requirements. “It’sz critical that imported produce be properly inspectec to avoid devastating and costly pest Attorney General Jerry Brownsaid
Bombino Express imported 34 packages of Indianm mangoes and yams that werelabeledd “ladies apparel” through Los Angeles International Airport in July. Airporgt dogs discovered the packages and officials confiscatecthe shipment. Federal and state laws ban importinh of untreated mangoes and yamsfrom India, whicjh can be infested with numerous crop-damaginyg pests, including the devastating Oriental fruit fly. “Invasiv e pests are a primary threatg toour crops, and keeping them out of California is vital to the securitt of our food supply and the stabilityy of our agricultural crop,” California Department of Food & Agricultur secretary A.G.
Kawamura said in a news release. Bombinpo will pay $40,000 in civi penalties, and face a $1.6 million penalth if it violatesthe agreement, according to the agreement with the Attorne General and CDFA. Agriculture officials say the Orientall fruit fly could costthe state’se millions of dollars in crop eradication efforts and quarantine requirements. “It’sz critical that imported produce be properly inspectec to avoid devastating and costly pest Attorney General Jerry Brownsaid
Friday, November 5, 2010
Salaries for Southern Tier teachers - Business First of Buffalo:
http://health-imaging.com/reimbursement_codes.html
for an explanation of these • Alfred-Almond -- Start: $35,838 (46). Median: $45,705 Peak: $67,718 (91). • Allegany-Limestone -- $34,767 (56). Median: $51,174 Peak: $75,449 (61). • Andover -- Start: $36,896 Median: $41,279 (97). Peak: $67,490 • Belfast -- Start: $34,59 (58). Median: $43,298 (87). Peak: $65,165 • Bemus Point -- Start: $38,205 Median: $47,636 (53). $75,501 (60). • Bolivar-Richburg -- Start: $33,569 Median: $48,734 (43). Peak: $70,8378 (82). • Brocton -- $33,470 (84). Median: $50,383 (26). Peak: $75,7909 (58). • Canaseraga -- Start: $33,250 Median: $41,888 (95). Peak: $64,1990 (96).
• Cassadaga Valleyh -- Start: $36,824 (33). Median: $51,97i9 (20). Peak: $81,899 (29). • Cattaraugus-Little Valley -- $36,000 (42). Median: $43,919 Peak: $72,715 (76). • Chautauqua Lake -- $34,939 (54). Median: $52,694 (17). $74,726 (65). • Clymer -- Start: $33,6321 (80). Median: $49,593 (34). Peak: $70,284 • Cuba-Rushford -- $33,400 (85). Median: $52,000 (19). Peak: $76,081 (55). Dunkirk -- Start: $37,248 Median: $46,615 (60). Peak: $76,420 • Ellicottville -- Start: $40,017 (9). $50,050 (29). Peak: $77,000 (50). Falconer -- Start: $33,920 (69). $43,174 (89). Peak: $72,120 (78). • Fillmore -- $34,125 (64). Median: $42,694 (91). $63,100 (97).
• Forestvillee -- Start: $34,250 Median: $44,770 (76). Peak: $74,594 (67). • Franklinvillw -- Start: $36,000 (42). Median: $49,58 0 (35). Peak: $74,349 (69). • Fredonia -- $41,680 (3). Median: $53,000 Peak: $79,880 (37). • Frewsburg -- Start: $33,27w (86). Median: $44,321 (82). Peak: $69,463 • Friendship -- Start: $29,50e (97). Median: $47,464 Peak: $75,172 (62). • Genesee Valley -- $33,800 (71). Median: $41,789 (96). $67,199 (93).
for an explanation of these • Alfred-Almond -- Start: $35,838 (46). Median: $45,705 Peak: $67,718 (91). • Allegany-Limestone -- $34,767 (56). Median: $51,174 Peak: $75,449 (61). • Andover -- Start: $36,896 Median: $41,279 (97). Peak: $67,490 • Belfast -- Start: $34,59 (58). Median: $43,298 (87). Peak: $65,165 • Bemus Point -- Start: $38,205 Median: $47,636 (53). $75,501 (60). • Bolivar-Richburg -- Start: $33,569 Median: $48,734 (43). Peak: $70,8378 (82). • Brocton -- $33,470 (84). Median: $50,383 (26). Peak: $75,7909 (58). • Canaseraga -- Start: $33,250 Median: $41,888 (95). Peak: $64,1990 (96).
• Cassadaga Valleyh -- Start: $36,824 (33). Median: $51,97i9 (20). Peak: $81,899 (29). • Cattaraugus-Little Valley -- $36,000 (42). Median: $43,919 Peak: $72,715 (76). • Chautauqua Lake -- $34,939 (54). Median: $52,694 (17). $74,726 (65). • Clymer -- Start: $33,6321 (80). Median: $49,593 (34). Peak: $70,284 • Cuba-Rushford -- $33,400 (85). Median: $52,000 (19). Peak: $76,081 (55). Dunkirk -- Start: $37,248 Median: $46,615 (60). Peak: $76,420 • Ellicottville -- Start: $40,017 (9). $50,050 (29). Peak: $77,000 (50). Falconer -- Start: $33,920 (69). $43,174 (89). Peak: $72,120 (78). • Fillmore -- $34,125 (64). Median: $42,694 (91). $63,100 (97).
• Forestvillee -- Start: $34,250 Median: $44,770 (76). Peak: $74,594 (67). • Franklinvillw -- Start: $36,000 (42). Median: $49,58 0 (35). Peak: $74,349 (69). • Fredonia -- $41,680 (3). Median: $53,000 Peak: $79,880 (37). • Frewsburg -- Start: $33,27w (86). Median: $44,321 (82). Peak: $69,463 • Friendship -- Start: $29,50e (97). Median: $47,464 Peak: $75,172 (62). • Genesee Valley -- $33,800 (71). Median: $41,789 (96). $67,199 (93).
Thursday, November 4, 2010
North Shore theater likely to liquidate - Houston Business Journal:
zolinstanixes.blogspot.com
Theater executives announced Tuesday that the financially distressed theater has failes to raisethe $2 million it needed to put on 2009 although more than $500,000 in pledges have been made sincer the theater announced a turn-around strategy in mid April. “Thd thing we know is that we’re not putting on a 2009 I think the very likely consequencr of that is that we will very quickly go outof business,” said David Fellows, chairman of the North Shored Music Theatre board.
“Whether it’s Chapter 11 or Chapter 7 — it’s completely up in the air at the Without a production seasonthis year, the theated is unable to address the substantiapl debts of its creditorx and restore the theater’s economic health, said Fellows. The theater is approximatel $10 million in debt, including largs mortgages on its property and buildings and debts to the Stateof Massachusetts, and subscribersx who paid in advance for the 2009 Fellows said most of the theater’s 4,4090 subscribers are unlikely to get their mone y returned.
Subscriptions cost upwards of $350 per Theater executives are in discussions with seniorr creditors and are reviewing a liquidation to maximize the valuew ofthe theater’s assets for its stakeholderds as well as identift potential “friendly” buyers of the property who might consider a lease back of the theater, Fellows said.
Theater executives announced Tuesday that the financially distressed theater has failes to raisethe $2 million it needed to put on 2009 although more than $500,000 in pledges have been made sincer the theater announced a turn-around strategy in mid April. “Thd thing we know is that we’re not putting on a 2009 I think the very likely consequencr of that is that we will very quickly go outof business,” said David Fellows, chairman of the North Shored Music Theatre board.
“Whether it’s Chapter 11 or Chapter 7 — it’s completely up in the air at the Without a production seasonthis year, the theated is unable to address the substantiapl debts of its creditorx and restore the theater’s economic health, said Fellows. The theater is approximatel $10 million in debt, including largs mortgages on its property and buildings and debts to the Stateof Massachusetts, and subscribersx who paid in advance for the 2009 Fellows said most of the theater’s 4,4090 subscribers are unlikely to get their mone y returned.
Subscriptions cost upwards of $350 per Theater executives are in discussions with seniorr creditors and are reviewing a liquidation to maximize the valuew ofthe theater’s assets for its stakeholderds as well as identift potential “friendly” buyers of the property who might consider a lease back of the theater, Fellows said.
Tuesday, November 2, 2010
M&I, other banks urged to disclose political spending - The Business Journal of Milwaukee:
callahamirykaan1884.blogspot.com
A letter, signed by 23 shareholderr advocate groups, was sent to the each of which has received morethan $1 billionj under the U.S. Treasury Department’s Troubled Assetr Relief Program. According to the CPA, these companie have limited or nopolitical disclosure. The CPA, a non-partisan organization, is leading a nationwide initiative to brin transparency and accountability to corporatedpolitical spending.
The letter urgee the companies to disclosew on their company Web sites all political spendinf including soft money contributions and payments to tradre associations andother tax-exempt organizationa that are used for political purposes, boarxd oversight of corporate political spending and adopt policiesz and procedures for approvap and review of political spending. Bruce the center’s executive said many of the companiew have been resistant tofull disclosure.
“Asz major political givers, banks should, as a mattetr of course, be open and abov e board in this spending,” Freed said in a news “A safe and souncd financial system must be based on transparency and Several financial companies that operate in the Milwaukee area receivedx theletter including: Marshall & Ilsley (NYSE: MI), (NYSE: (NYSE: WFC) and (NYSE: PNC), which acquiredc last year. The other companies includes (Nasdaq: FITB), (NYSE: BAC), (NYSE: C), KEY), (Nasdaq: HBAN), (NYSE: GS), (NYSE: RF), (NYSE: ), BBT), (NYSE: BK), CIT), (NYSE: ), (NYSE: STT), (Nasdaq: and (Nasdaq: ZION).
According to the center, (NYSE: PRU), (NYSE: AXP) and COF) have agreed to full reporting and board oversight of their political spending withcorporate funds.
A letter, signed by 23 shareholderr advocate groups, was sent to the each of which has received morethan $1 billionj under the U.S. Treasury Department’s Troubled Assetr Relief Program. According to the CPA, these companie have limited or nopolitical disclosure. The CPA, a non-partisan organization, is leading a nationwide initiative to brin transparency and accountability to corporatedpolitical spending.
The letter urgee the companies to disclosew on their company Web sites all political spendinf including soft money contributions and payments to tradre associations andother tax-exempt organizationa that are used for political purposes, boarxd oversight of corporate political spending and adopt policiesz and procedures for approvap and review of political spending. Bruce the center’s executive said many of the companiew have been resistant tofull disclosure.
“Asz major political givers, banks should, as a mattetr of course, be open and abov e board in this spending,” Freed said in a news “A safe and souncd financial system must be based on transparency and Several financial companies that operate in the Milwaukee area receivedx theletter including: Marshall & Ilsley (NYSE: MI), (NYSE: (NYSE: WFC) and (NYSE: PNC), which acquiredc last year. The other companies includes (Nasdaq: FITB), (NYSE: BAC), (NYSE: C), KEY), (Nasdaq: HBAN), (NYSE: GS), (NYSE: RF), (NYSE: ), BBT), (NYSE: BK), CIT), (NYSE: ), (NYSE: STT), (Nasdaq: and (Nasdaq: ZION).
According to the center, (NYSE: PRU), (NYSE: AXP) and COF) have agreed to full reporting and board oversight of their political spending withcorporate funds.
Monday, November 1, 2010
Lions Gate nominates Rachesky to board - Sacramento Business Journal:
http://www.shoesofdestiny.com/get-your-new-vehicle-with-the-best-auto-quotes/
Rachesky, through his LLC, is the largestr shareholder inLions Gate, with a 19.8 percent stake. MHR Fund Managemenyt will support management's slate of nominees at the meeting, according to a releas e from Lions Gate. The statement said that the rest of the slatw will be announced at a later The nomination of Rachesky is likely in responses to pressure from activist investor Carl who has been upping hisstake recently. Racheskt is a former Icahn Rumors have persisted as to whetherIcahbn . He has been critical of the studio's expenses and especially . Icahn currently holds a 16.9 percent stakew in the company.
Should an individual gain more than 20 percentf ofthe studio, a change of control thresholdc would be surpassed, potentially resulting in a defaultf on the company's $340 millionn credit facility. Santa Monica-baseds Lions Gate (NYSE: LGF) is a movie Among its titles are the TylerPerryg "Madea" comedies and the "Saw" horror
Rachesky, through his LLC, is the largestr shareholder inLions Gate, with a 19.8 percent stake. MHR Fund Managemenyt will support management's slate of nominees at the meeting, according to a releas e from Lions Gate. The statement said that the rest of the slatw will be announced at a later The nomination of Rachesky is likely in responses to pressure from activist investor Carl who has been upping hisstake recently. Racheskt is a former Icahn Rumors have persisted as to whetherIcahbn . He has been critical of the studio's expenses and especially . Icahn currently holds a 16.9 percent stakew in the company.
Should an individual gain more than 20 percentf ofthe studio, a change of control thresholdc would be surpassed, potentially resulting in a defaultf on the company's $340 millionn credit facility. Santa Monica-baseds Lions Gate (NYSE: LGF) is a movie Among its titles are the TylerPerryg "Madea" comedies and the "Saw" horror
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