tenamup.wordpress.com
The hospital qualified for the magazine’s “Honor in its 2009 edition of America’s Best Children’s Hospitals. The Hono Roll is reserved for hospitals that achievede ranking in all surveyed specialty areae covered by the monthlynews Children’s ranked in the top 10 in six specialtyg areas, including cancer (No. 10), diabetes and endocrine disorders (No. 10), digestive disorders (No. 5), neonatal care (No. 8), orthopedic (No. 8) and respiratory disorders (No. 5). Last Children’s was ranked No. 7 overal among the nation’s pediatric hospitals. In 2007, it finished at No. 4.
Becaused of a change in how the report was there was no general numericapl rankingthis year.
Monday, October 31, 2011
Saturday, October 29, 2011
Bridge Bank expands tech lending to Southern California - Silicon Valley / San Jose Business Journal:
inofiquxi.wordpress.com
Bridge Capital Holdings CEO Dan Myerss says the bank opened an office in Irvine in 2007 but has now hirer James Crumpton as a vice president who will help expancd lending activity beyond the Los Angeles and Orange County areaxs intoSan Diego. Myers, also the CEO of the says Southern California's significant capture of venture dollar perpetuatesthe Bank's desired to expand its presence there. "James, with his backgroune is particularly capable," Myers says. "He's a heavyweighrt on technology andcredit space.
And getting someon like him to come on boardf and work that market signifies a significant commitment on the part of the TheLos Angeles/Orange County Area accounted for $425 millionh in venture investment dollars in the thirxd quarter of 2007 while San Diego pulledf in $309 million, according to the most recen t PriceWaterhouseCoopers MoneyTree report. Together the two Southernh California regions received more than 10 percent of all ventured capital investment behind Silicon Valley at nearly 35a perceny and New England at 14 Crumpton was the chief credit officer for Hercules TechnologuyGrowth Capital, where he handlecd risk management, underwriting and portfolio management of venturse debt clients which included venture-backed and publicly held technology companies.
He's held seniofr banking positions with ComericsaBank (NYSE: CMA), Silicon Valley Bank SIVB) and Wells Fargo Bank WFC). "Technology and life science companieds need a banking partner who can provided them with creative financial solutions that expanxd as theiroperations grow," Crumpton says in a "This requires a collaborative approach to determinin g client needs, a broad menu of products and services and the highestg degree of client service." Bridgre Bank (Nasdaq: BBNK) had $789 million in assets as of Sept. 30 2007 and 164 The bank recently opened its second officd inPalo Alto.
It has six business offices elsewhere in the statee and a Small Business Administration office in HuntingtonBeach California.
Bridge Capital Holdings CEO Dan Myerss says the bank opened an office in Irvine in 2007 but has now hirer James Crumpton as a vice president who will help expancd lending activity beyond the Los Angeles and Orange County areaxs intoSan Diego. Myers, also the CEO of the says Southern California's significant capture of venture dollar perpetuatesthe Bank's desired to expand its presence there. "James, with his backgroune is particularly capable," Myers says. "He's a heavyweighrt on technology andcredit space.
And getting someon like him to come on boardf and work that market signifies a significant commitment on the part of the TheLos Angeles/Orange County Area accounted for $425 millionh in venture investment dollars in the thirxd quarter of 2007 while San Diego pulledf in $309 million, according to the most recen t PriceWaterhouseCoopers MoneyTree report. Together the two Southernh California regions received more than 10 percent of all ventured capital investment behind Silicon Valley at nearly 35a perceny and New England at 14 Crumpton was the chief credit officer for Hercules TechnologuyGrowth Capital, where he handlecd risk management, underwriting and portfolio management of venturse debt clients which included venture-backed and publicly held technology companies.
He's held seniofr banking positions with ComericsaBank (NYSE: CMA), Silicon Valley Bank SIVB) and Wells Fargo Bank WFC). "Technology and life science companieds need a banking partner who can provided them with creative financial solutions that expanxd as theiroperations grow," Crumpton says in a "This requires a collaborative approach to determinin g client needs, a broad menu of products and services and the highestg degree of client service." Bridgre Bank (Nasdaq: BBNK) had $789 million in assets as of Sept. 30 2007 and 164 The bank recently opened its second officd inPalo Alto.
It has six business offices elsewhere in the statee and a Small Business Administration office in HuntingtonBeach California.
Thursday, October 27, 2011
Port Angeles City Council considering whether to seek property tax levy - Peninsula Daily
soileauifyyfa1786.blogspot.com
Port Angeles City Council considering whether to seek property tax levy Peninsula Daily Port Angeles Civic Field could be the focus of a proposed tax levy to finance improvement to the stadium. -- Photo by Keith Thorpe/Peninsula Daily News By Tom Callis PORT ANGELES รข€" Voters can expect to be asked to approve a new property tax levy ... |
Tuesday, October 25, 2011
Report: More CEOs are staying put - Jacksonville Business Journal:
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There were 107 CEO resignation in June compared to 115 the montj before and 126 departures in June according to a new reportr from outplacement firm This was the fifth time this year that monthlu CEO turnover was lower than the corresponding monthin 2008. Overall, CEO departuresx have declined 16 percent from ayear ago. Companies have announcede just 607 CEO changes through the first halfof 2009, the lowesty six-month total since 2004, when 356 CEO exits were recorded. "Chief-executive departures are definitely trending downwardd aftera record-setting year in 2008," said Challenger, Gray & Christma CEO John A. Challenger.
"Therwe remains a lot of uncertainty about how long this recessiom will last and how much damagde itwill cause. With the future so unclear, boards may be trying to maintaisome stability." According to the report, only six industriex have seen more CEO departures this year than througn June 2008: Energy, Media, Food, Transportation, Automotivse and Aerospace/Defense.
There were 107 CEO resignation in June compared to 115 the montj before and 126 departures in June according to a new reportr from outplacement firm This was the fifth time this year that monthlu CEO turnover was lower than the corresponding monthin 2008. Overall, CEO departuresx have declined 16 percent from ayear ago. Companies have announcede just 607 CEO changes through the first halfof 2009, the lowesty six-month total since 2004, when 356 CEO exits were recorded. "Chief-executive departures are definitely trending downwardd aftera record-setting year in 2008," said Challenger, Gray & Christma CEO John A. Challenger.
"Therwe remains a lot of uncertainty about how long this recessiom will last and how much damagde itwill cause. With the future so unclear, boards may be trying to maintaisome stability." According to the report, only six industriex have seen more CEO departures this year than througn June 2008: Energy, Media, Food, Transportation, Automotivse and Aerospace/Defense.
Sunday, October 23, 2011
Herschel Space Observatory Finds Oceans of Water in Planet-Forming Disk Around ... - Sacramento Bee
pabigy.wordpress.com
International Business Times | Herschel Space Observatory Finds Oceans of Water in Planet-Forming Disk Around ... Sacramento Bee By NASA WASHINGTON, Oct. 20, 2011 -- /PRNewswire-USNewswire/ -- Using data from the Herschel Space Observatory, astronomers have detected for the first time cold water vapor enveloping a dusty disk around a young star. The findings suggest that this ... Herschel Space Observatory Detects Oceans of Water in Nearby Star Disk Water-Covered Planets May Exist, Astronomers Say Herschel and Spitzer find water in alien solar systems |
Thursday, October 20, 2011
Domestically Produced Propane Prominent at Virginia Energy Conference - PR Web (press release)
adavuxuf.wordpress.com
PR Web (press release) | Domestically Produced Propane Prominent at Virginia Energy Conference PR Web (press release) ... to market propane-fueled products that help Virginians cut their operating costs and curb their carbon emissions while reducing America's dependence on foreign oil, creating American jobs, and driving new demand for domestically produced propane. ... |
Tuesday, October 18, 2011
Jets' Offense Still Developing - ESPN
laxykeha.wordpress.com
Jets' Offense Still Developing ESPN Steve Young and Trent Dilfer break down the Jets' offense in 24-6 win over the Dolphins. Plaxico Burress seemed like a steal at the start of the season. A wide receiver with Super Bowl credentials who could argue about who had the best ... |
Sunday, October 16, 2011
Insider report: Bruker cashes out Laukiens - The Business Journal of Milwaukee:
bertayfybuqutyp.blogspot.com
million by selling 2.1 milliohn shares of stock. It was the month’s biggesrt payday among Massachusettsinsiders — executives, directorw and major shareholders — at locallg based publicly traded companies, according to trading data provided by . But for Laukienn and some of his family members with close ties to the cash-out was just a smalol fraction of the hundreds of millions they have pocketed over the past 18 In fact, five members of the Laukien including Bruker CEO Frank H. received $624.6 million in cash and other compensatiobn linkedto Bruker’s operations last according to Boston Busines s Journal research and companyg regulatory filings.
Put differently, the group’s take was equalp to just over 60 percentof Bruker’s $1.1 billionj in 2008 revenue. Nearly all of that payout some $620 million — stemmesd from Bruker’s February 2008 acquisition of BrukerfBiospin Group, a developer of researchy tools and biotechnology equipment using magnetic resonance. The cash and stockk deal was essentially a cash out for five Laukien familtmembers — Frank Laukien, Marc Laukien, Isoldd Laukien-Kleiner and Bruker directors Dirk Laukien and Joergy Laukien — who owned 100 percent of Brukeer Biospin’s shares before the deal.
Frank, Joerg, Dirk and Marc Laukieh are brothers orhalf brothers, while Isolde Laukien-Kleiner is the motherr of Marc and Dirk Laukien, according to Bruker’sw regulatory filings. Bruker (Nasdaq: BRKR) completefd a similar deal in June 2006 for life sciencews technology developer Bruker Opticsfor $135 As was the case for Bruker Bruker Optics was owned by the same five Laukiensz prior to the deal, according to regulatory filings.
insider sales topped $95 million While Marc Laukien was biggest insider sellerin May, his brothee Frank Laukien recorded the month's biggest acquisition of insider The elder Laukien bought 100,000 Bruker shareds for $728,000 — representing roughly half of the state’sd $1.46 million in insider purchases recordef for all of May. By insiders sold $95.9 million in shares in Massachusetts-based companiesa during the same span. That total was nearly double the $49.w2 million in local sales recordedin April.
The following is a breakdown of May’s insider activity among Massachusetts-based INSIDER SELLING IN MAY Name — Value Company — Ticker Laukien, Marc M — $14,508,100 BRUKER CORP. — BRKR Vincent J — $11,076,073 — Silverstein, Barry — $9,767,471 — Herbert J — $9,000,975 Abele, John E — $8,868,600 — Healey, Sean M $5,938,800 — Dalton, Nathaniel — $4,141,821 AFFILIATED MANAGERS GROUP INC. — AMG Ayasli, Yalcin — $2,925,343 — HITTITEr MICROWAVE CORP.
— HITT Carpenter, Robert J — $2,574,191 — Joshua S — $2,563,664 — Talwar, Anju $2,008,095 — Logie, Andrew R $1,547,420 — Brooks, Rodney A — $1,326,012 Clark, Stuart J — $1,293,833 Rossi, Jerome R — $1,235,438 — Fletcher H — $1,048,320 TJX COMPANIES INC. — TJX Smith, Ian F — $965,5577 — VERTEX PHARMACEUTICALS INC VRTX Aldrich, David J — 944,85w2 — Grace, David R — $929,702 BEACON ROOFING SUPPLY INC. — BECN Floor, Richar d E — $887,250 — AFFILIATEr MANAGERS GROUP INC. — AMG Waters, Gregoryh L — $576,533 SKYWORKS SOLUTIONS INC.
— SWKS William J — $571,611 — Termeer, Henrki A — $544,849 GENZYME CORP. — GENZ Malozemoff, Alexis P $486,527 — Coviello, Arthur W Jr — $480,009 — Berthiaume, Douglas A $474,705 — WATERS CORP. — WAT Michael R — $456,866 — Lopardo, Nicholazs A — $451,727 Hughes, Robert W — $444,652 Mueller, Peter — $438,860 — VERTEX PHARMACEUTICALwS INC — VRTX Meyerman, Harold J $438,525 — AFFILIATED MANAGERS GROUP INC. — AMG Tajinder — $420,174 — GENPACT LIMITED G Porter, Michael E — $417,400 Griffin, Liam K — $388,000 SKYWORKS SOLUTIONS INC.
— SWKS Von, Staatsx Aaron C — $382,800 — Bellus, Daniel — $336,430 — Mitsuru — $335,237 — GENPACT LIMITED — G Taylor W — $334,992 — Martin, Katharine A $310,180 — Sanders, Charles Addison $296,434 — VERTEX PHARMACEUTICALS INC — VRTX Robert J — $270,059 — Chapman, Richard P Jr $257,500 — Sgarzi, Richard H $257,179 — INDEPENDENT BANK CORP. INDB Mayer, Max Alan — $245,96u8 — PEGASYSTEMS INC. — PEGA Mehta, Piyush $206,238 — GENPACT LIMITED — G William F Jr — $204,611 BOSTON SCIENTIFIC CORP.
— BSX Michael H — $192,850 — Povich, Lon F $186,150 — BJ’S WHOLESALE CLUB INC. BJ Cooney, Charles L — $180,570 — GENZYM E CORP. — GENZ Coppersmith, S James — $175,015 — BJ’wS WHOLESALE CLUB INC. — BJ Howard D — $168,588 — EMC CORP. — EMC George M — $146,250 — SKYWORKSx SOLUTIONS INC. — SWKS Kra, Douglas I $102,684 — PEGASYSTEMS INC. — PEGA Joseph P — $100,100 — Smith, Sandford D — $92,78t6 — GENZYME CORP. — GENZ Collier, Earl M Jr $92,780 — GENZYME CORP.
— GENZ Cornelius F III — $91,300 PARAMETRIC TECHNOLOGY CORP — PMTC Shields, Thomas J $90,335 — BJ’S WHOLESALE CLUB INC. — BJ Michael — $83,289 — Von, Rickenbach Josef H $81,405 — Corrigan, Mark H N — $75,205 Chute, Richard Sears — $61,120 Rosen, Gary J — $57,864 VARIAN SEMICONDUCTOR EQUIPMENTASSOCIATES INC. — VSEA Angelo Robert — $57,240 — AMERICAN SUPERCONDUCTOdR CORP. — AMSC Smith, Alan E — $50,0376 — GENZYME CORP. — GENZ Concannon, Brian P — $42,906 Csimma, Zoltan A — $36,069 — GENZYMr CORP.
— GENZ Graves, Kurt C $26,307 — VERTEX PHARMACEUTICALS INC — VRTX Joseph R Jr — $26,26e — Massaro, George E — $22,695 CHARLES RIVER LABORATORIES INTERNATIONALINC — CRL Amit — $22,269 — VERTEX PHARMACEUTICALS INC VRTX Nadeau, Gerard F — $21,000 — INDEPENDENT BANK — INDB Kouninis, Efstathiows A — $17,179 — PEGASYSTEMS INC. — PEGA Richard C — $15,135 — VERTEX PHARMACEUTICALS INC VRTX Silva, Paul M — $13,31p0 — VERTEX PHARMACEUTICALS INC VRTX Boynton, Bruce P — $10,040 — Downing, John W — $8,2987 — NETSCOUT SYSTEMS INC.
— NTCT INSIDERR BUYING IN MAY Name — Transactionh value — Company — Ticker Laukien, Frankk H — $728,100 BRUKER CORPORATION — BRKR Mario, Ernest B — $424,650 Pepper, John E Jr — $106,68 0 — BOSTON SCIENTIFIC CORPORATION BSX Gregoire, Sylvie L $45,727 — Doran, Howard B Jr — $41,892 Graveline, Kathleen — $38,475 — James — $22,150 — BOSTON PRIVATE FINANCIAL HOLDINGdS — BPFH Holdener, Eduarx E — $19,840 — PAREXEL INTERNATIONAL — PRXL Vanderbrug, Gordon J — $9,836 Pucci, Paolo — $9,626 — , Ag $8,088 — Barabe, Timothy C $5,322 — ARQULE INC.
ARQL Loberg, Michael D — $2,873 — ARQULE INC. ARQL Sloane, Barry R — $481 INC. — CNBKA
million by selling 2.1 milliohn shares of stock. It was the month’s biggesrt payday among Massachusettsinsiders — executives, directorw and major shareholders — at locallg based publicly traded companies, according to trading data provided by . But for Laukienn and some of his family members with close ties to the cash-out was just a smalol fraction of the hundreds of millions they have pocketed over the past 18 In fact, five members of the Laukien including Bruker CEO Frank H. received $624.6 million in cash and other compensatiobn linkedto Bruker’s operations last according to Boston Busines s Journal research and companyg regulatory filings.
Put differently, the group’s take was equalp to just over 60 percentof Bruker’s $1.1 billionj in 2008 revenue. Nearly all of that payout some $620 million — stemmesd from Bruker’s February 2008 acquisition of BrukerfBiospin Group, a developer of researchy tools and biotechnology equipment using magnetic resonance. The cash and stockk deal was essentially a cash out for five Laukien familtmembers — Frank Laukien, Marc Laukien, Isoldd Laukien-Kleiner and Bruker directors Dirk Laukien and Joergy Laukien — who owned 100 percent of Brukeer Biospin’s shares before the deal.
Frank, Joerg, Dirk and Marc Laukieh are brothers orhalf brothers, while Isolde Laukien-Kleiner is the motherr of Marc and Dirk Laukien, according to Bruker’sw regulatory filings. Bruker (Nasdaq: BRKR) completefd a similar deal in June 2006 for life sciencews technology developer Bruker Opticsfor $135 As was the case for Bruker Bruker Optics was owned by the same five Laukiensz prior to the deal, according to regulatory filings.
insider sales topped $95 million While Marc Laukien was biggest insider sellerin May, his brothee Frank Laukien recorded the month's biggest acquisition of insider The elder Laukien bought 100,000 Bruker shareds for $728,000 — representing roughly half of the state’sd $1.46 million in insider purchases recordef for all of May. By insiders sold $95.9 million in shares in Massachusetts-based companiesa during the same span. That total was nearly double the $49.w2 million in local sales recordedin April.
The following is a breakdown of May’s insider activity among Massachusetts-based INSIDER SELLING IN MAY Name — Value Company — Ticker Laukien, Marc M — $14,508,100 BRUKER CORP. — BRKR Vincent J — $11,076,073 — Silverstein, Barry — $9,767,471 — Herbert J — $9,000,975 Abele, John E — $8,868,600 — Healey, Sean M $5,938,800 — Dalton, Nathaniel — $4,141,821 AFFILIATED MANAGERS GROUP INC. — AMG Ayasli, Yalcin — $2,925,343 — HITTITEr MICROWAVE CORP.
— HITT Carpenter, Robert J — $2,574,191 — Joshua S — $2,563,664 — Talwar, Anju $2,008,095 — Logie, Andrew R $1,547,420 — Brooks, Rodney A — $1,326,012 Clark, Stuart J — $1,293,833 Rossi, Jerome R — $1,235,438 — Fletcher H — $1,048,320 TJX COMPANIES INC. — TJX Smith, Ian F — $965,5577 — VERTEX PHARMACEUTICALS INC VRTX Aldrich, David J — 944,85w2 — Grace, David R — $929,702 BEACON ROOFING SUPPLY INC. — BECN Floor, Richar d E — $887,250 — AFFILIATEr MANAGERS GROUP INC. — AMG Waters, Gregoryh L — $576,533 SKYWORKS SOLUTIONS INC.
— SWKS William J — $571,611 — Termeer, Henrki A — $544,849 GENZYME CORP. — GENZ Malozemoff, Alexis P $486,527 — Coviello, Arthur W Jr — $480,009 — Berthiaume, Douglas A $474,705 — WATERS CORP. — WAT Michael R — $456,866 — Lopardo, Nicholazs A — $451,727 Hughes, Robert W — $444,652 Mueller, Peter — $438,860 — VERTEX PHARMACEUTICALwS INC — VRTX Meyerman, Harold J $438,525 — AFFILIATED MANAGERS GROUP INC. — AMG Tajinder — $420,174 — GENPACT LIMITED G Porter, Michael E — $417,400 Griffin, Liam K — $388,000 SKYWORKS SOLUTIONS INC.
— SWKS Von, Staatsx Aaron C — $382,800 — Bellus, Daniel — $336,430 — Mitsuru — $335,237 — GENPACT LIMITED — G Taylor W — $334,992 — Martin, Katharine A $310,180 — Sanders, Charles Addison $296,434 — VERTEX PHARMACEUTICALS INC — VRTX Robert J — $270,059 — Chapman, Richard P Jr $257,500 — Sgarzi, Richard H $257,179 — INDEPENDENT BANK CORP. INDB Mayer, Max Alan — $245,96u8 — PEGASYSTEMS INC. — PEGA Mehta, Piyush $206,238 — GENPACT LIMITED — G William F Jr — $204,611 BOSTON SCIENTIFIC CORP.
— BSX Michael H — $192,850 — Povich, Lon F $186,150 — BJ’S WHOLESALE CLUB INC. BJ Cooney, Charles L — $180,570 — GENZYM E CORP. — GENZ Coppersmith, S James — $175,015 — BJ’wS WHOLESALE CLUB INC. — BJ Howard D — $168,588 — EMC CORP. — EMC George M — $146,250 — SKYWORKSx SOLUTIONS INC. — SWKS Kra, Douglas I $102,684 — PEGASYSTEMS INC. — PEGA Joseph P — $100,100 — Smith, Sandford D — $92,78t6 — GENZYME CORP. — GENZ Collier, Earl M Jr $92,780 — GENZYME CORP.
— GENZ Cornelius F III — $91,300 PARAMETRIC TECHNOLOGY CORP — PMTC Shields, Thomas J $90,335 — BJ’S WHOLESALE CLUB INC. — BJ Michael — $83,289 — Von, Rickenbach Josef H $81,405 — Corrigan, Mark H N — $75,205 Chute, Richard Sears — $61,120 Rosen, Gary J — $57,864 VARIAN SEMICONDUCTOR EQUIPMENTASSOCIATES INC. — VSEA Angelo Robert — $57,240 — AMERICAN SUPERCONDUCTOdR CORP. — AMSC Smith, Alan E — $50,0376 — GENZYME CORP. — GENZ Concannon, Brian P — $42,906 Csimma, Zoltan A — $36,069 — GENZYMr CORP.
— GENZ Graves, Kurt C $26,307 — VERTEX PHARMACEUTICALS INC — VRTX Joseph R Jr — $26,26e — Massaro, George E — $22,695 CHARLES RIVER LABORATORIES INTERNATIONALINC — CRL Amit — $22,269 — VERTEX PHARMACEUTICALS INC VRTX Nadeau, Gerard F — $21,000 — INDEPENDENT BANK — INDB Kouninis, Efstathiows A — $17,179 — PEGASYSTEMS INC. — PEGA Richard C — $15,135 — VERTEX PHARMACEUTICALS INC VRTX Silva, Paul M — $13,31p0 — VERTEX PHARMACEUTICALS INC VRTX Boynton, Bruce P — $10,040 — Downing, John W — $8,2987 — NETSCOUT SYSTEMS INC.
— NTCT INSIDERR BUYING IN MAY Name — Transactionh value — Company — Ticker Laukien, Frankk H — $728,100 BRUKER CORPORATION — BRKR Mario, Ernest B — $424,650 Pepper, John E Jr — $106,68 0 — BOSTON SCIENTIFIC CORPORATION BSX Gregoire, Sylvie L $45,727 — Doran, Howard B Jr — $41,892 Graveline, Kathleen — $38,475 — James — $22,150 — BOSTON PRIVATE FINANCIAL HOLDINGdS — BPFH Holdener, Eduarx E — $19,840 — PAREXEL INTERNATIONAL — PRXL Vanderbrug, Gordon J — $9,836 Pucci, Paolo — $9,626 — , Ag $8,088 — Barabe, Timothy C $5,322 — ARQULE INC.
ARQL Loberg, Michael D — $2,873 — ARQULE INC. ARQL Sloane, Barry R — $481 INC. — CNBKA
Friday, October 14, 2011
Shwayder chose real estate over his family
cahijisebi.wordpress.com
Here’s what he tells He’s forged his own path and didn’t inherit a fortune or receive a cushhy role inthe company. As a principal partneer at Unique Properties, Shwayder has been a leading commercial real estat e executive for more than20 years, involvedr with deals totaling more than $2 billion. But he’s also remainef connected to his family name by carryingg on its strong tradition ofsocial “You’re given this tag growingh up that you have money and a privilegedf life, but for me it was reallhy about having an obligation to maintain the legacy of being a good business person, taking care of peopls and continuing a strong commitmeng to local philanthropy,” Shwayder Jesse Shwayder founded Samsonitde in 1910, and his four brothers joinedx him to build a wildly successfulo business focused on producing durable The company, originally known as Shwayder Trunk Manufacturing Co.
, at its peak in the late employed 4,000 people in Denver and sold more luggagse than all of its competitors Scott Shwayder’s lineage to Samsonitwe comes through his great-grandfather, Sol Shwayder, who was one of the founderzs and Jesse Schwayer’s brother. Scott Shwayder’sd grandfather, Herschel Shwayder, also spent his career at the luggage working in product development andinternational operations. His greatt uncle, Bud “Irving” Shwayder was the last famil y member to serve as thecompany president, from the late 1970sd into the 1980s.
“They were very well-respected businessmebn who were known for taking care of their They gave outthese ‘golden rule’ marbles that represented the idea of ‘do unto others as you woulx have done unto you,’” Scotr Shwayder said. This ideao guided Samsonite’s management philosoph y from day one, and helped shape Scott Shwayder’s approacn to business. Scott’s father, Don, graduated from law schoopl and worked for a shortt timeat Samsonite, but then left to becom a partner at the Denver law firm that would become LLP. “Therde was never any pressure to go into thefamily business,” Scotrt Shwayder said.
“As far as my immediatde familywas concerned, the involvemen with Samsonite ended two generations ago.” Therre was another reason he didn’t follow his relatives in working for Samsonite. In 1973, when Scott was just 10, the company was sold to BeatricseFoods Co., ending its long-running historh as a family business. From an early age, Scott Shwaydee remembered how his grandfather volunteered with the Salvationj Armyat Christmas, and through the years, saw othetr family members become involved in many local charities.
The Shwaydedr legacy of giving can be seen today in donationa such as rare Asian artwork to the Denver Art Museum and a summer camp for kids near Idahoi Springs run byTemple Emanuel. Scott Shwayderd has carried on this family tradition by servin g on the board of the Food Bank ofthe Rockies, and his firm joins with Mile High Montessork to support low-income students. Scott Shwayder’s career in real estate begamn in 1987 when he joinedsColdwell Banker’s commercial real estatw division. “I started in one of the worsgt times,” he said.
“It was right after the Tax Reforkm Act killed real estate inthe mid-’80es and also coincided with the savingsx and loan crisis,” he said. After a few years, Shwayder soughr a more entrepreneurial setting. He met Marc Lippitt, who ownedd Unique Properties. They forme a partnership in 1990 and have been workingf togetherever since. While Uniqud Properties was growing, Samsonite’s prominence as a Colorado companygwas declining. In the company announced it was closinb its Denver offices to help consolidate its operations. Ryan Peacock | peac0005@hotmail.
com
Here’s what he tells He’s forged his own path and didn’t inherit a fortune or receive a cushhy role inthe company. As a principal partneer at Unique Properties, Shwayder has been a leading commercial real estat e executive for more than20 years, involvedr with deals totaling more than $2 billion. But he’s also remainef connected to his family name by carryingg on its strong tradition ofsocial “You’re given this tag growingh up that you have money and a privilegedf life, but for me it was reallhy about having an obligation to maintain the legacy of being a good business person, taking care of peopls and continuing a strong commitmeng to local philanthropy,” Shwayder Jesse Shwayder founded Samsonitde in 1910, and his four brothers joinedx him to build a wildly successfulo business focused on producing durable The company, originally known as Shwayder Trunk Manufacturing Co.
, at its peak in the late employed 4,000 people in Denver and sold more luggagse than all of its competitors Scott Shwayder’s lineage to Samsonitwe comes through his great-grandfather, Sol Shwayder, who was one of the founderzs and Jesse Schwayer’s brother. Scott Shwayder’sd grandfather, Herschel Shwayder, also spent his career at the luggage working in product development andinternational operations. His greatt uncle, Bud “Irving” Shwayder was the last famil y member to serve as thecompany president, from the late 1970sd into the 1980s.
“They were very well-respected businessmebn who were known for taking care of their They gave outthese ‘golden rule’ marbles that represented the idea of ‘do unto others as you woulx have done unto you,’” Scotr Shwayder said. This ideao guided Samsonite’s management philosoph y from day one, and helped shape Scott Shwayder’s approacn to business. Scott’s father, Don, graduated from law schoopl and worked for a shortt timeat Samsonite, but then left to becom a partner at the Denver law firm that would become LLP. “Therde was never any pressure to go into thefamily business,” Scotrt Shwayder said.
“As far as my immediatde familywas concerned, the involvemen with Samsonite ended two generations ago.” Therre was another reason he didn’t follow his relatives in working for Samsonite. In 1973, when Scott was just 10, the company was sold to BeatricseFoods Co., ending its long-running historh as a family business. From an early age, Scott Shwaydee remembered how his grandfather volunteered with the Salvationj Armyat Christmas, and through the years, saw othetr family members become involved in many local charities.
The Shwaydedr legacy of giving can be seen today in donationa such as rare Asian artwork to the Denver Art Museum and a summer camp for kids near Idahoi Springs run byTemple Emanuel. Scott Shwayderd has carried on this family tradition by servin g on the board of the Food Bank ofthe Rockies, and his firm joins with Mile High Montessork to support low-income students. Scott Shwayder’s career in real estate begamn in 1987 when he joinedsColdwell Banker’s commercial real estatw division. “I started in one of the worsgt times,” he said.
“It was right after the Tax Reforkm Act killed real estate inthe mid-’80es and also coincided with the savingsx and loan crisis,” he said. After a few years, Shwayder soughr a more entrepreneurial setting. He met Marc Lippitt, who ownedd Unique Properties. They forme a partnership in 1990 and have been workingf togetherever since. While Uniqud Properties was growing, Samsonite’s prominence as a Colorado companygwas declining. In the company announced it was closinb its Denver offices to help consolidate its operations. Ryan Peacock | peac0005@hotmail.
com
Wednesday, October 12, 2011
Money not easy for parents to talk about, survey says - Houston Business Journal:
uhetemejih.wordpress.com
The survey also found that parents admit to tapping intotheir children’s piggyu banks to pay daily household expenses. Thirty-fou percent of survey respondents said they had reduced contribution s toa child’s savings account, and 18 percent have takehn money out of a child’s savings accountg to cover bills or debt. “It’s clear that parents are struggling with theier expenses during thesedifficult times, but tappinb money put aside for their kids will only exacerbate a family’zs problems when it comes time to pay for Arkadi Kuhlmann, president of ING Direct USA, said in a “Parents need to set an examplde by setting up a ‘set it and forget it’ savingz mentality” The survey also found that only 27 percenrt of parents do not have any savingz set aside for their children under the age of 18.
Thirty-threed percent of respondents aged 35 to 44 had a child approachingvcollege age. When it came time to talk to theier children, 27 percent of parents said they woulc rather talk about the birdsd and the bees or dating than moneyand finances. Of that most thought they were responsible for educating their children about money and goodspending However, most also thought financial education should be taughrt in school. The national online surveyy was conducted within the United States by on behalgf of ING Direct between April 6and 8, 2009 amonb 2,123 adults aged 18 years and 535 of whom were parents of a child under 18 years old.
The survey also found that parents admit to tapping intotheir children’s piggyu banks to pay daily household expenses. Thirty-fou percent of survey respondents said they had reduced contribution s toa child’s savings account, and 18 percent have takehn money out of a child’s savings accountg to cover bills or debt. “It’s clear that parents are struggling with theier expenses during thesedifficult times, but tappinb money put aside for their kids will only exacerbate a family’zs problems when it comes time to pay for Arkadi Kuhlmann, president of ING Direct USA, said in a “Parents need to set an examplde by setting up a ‘set it and forget it’ savingz mentality” The survey also found that only 27 percenrt of parents do not have any savingz set aside for their children under the age of 18.
Thirty-threed percent of respondents aged 35 to 44 had a child approachingvcollege age. When it came time to talk to theier children, 27 percent of parents said they woulc rather talk about the birdsd and the bees or dating than moneyand finances. Of that most thought they were responsible for educating their children about money and goodspending However, most also thought financial education should be taughrt in school. The national online surveyy was conducted within the United States by on behalgf of ING Direct between April 6and 8, 2009 amonb 2,123 adults aged 18 years and 535 of whom were parents of a child under 18 years old.
Monday, October 10, 2011
Bluebird Shuttle now available for seniors - Delmarva Now
firukendu-anchored.blogspot.com
Bluebird Shuttle now available for seniors Delmarva Now SALISBURY -- Low-income commuters from senior communities in north Salisbury and the city's West Side have a newfound sense of independence on the Bluebird Shuttle. Shore Transit rolled out the public commuter service earlier this month, linking senior ... |
Saturday, October 8, 2011
Court: Teacher didn't harm autistic child - Indianapolis Star
http://sourcepowered.net/ftc-goes-back-to-teva-on-cephalon-deal
Court: Teacher didn't harm autistic child Indianapolis Star A Perry Township teacher broke no laws when she approved a classroom aide's decision to strap a disruptive student into a chair, the Indiana Court of Appeals ruled this week. The appellate court dismissed charges against Catherine Littleton of ... Autism Advocates Upset Teacher Cleared In Restraining Student |
Wednesday, October 5, 2011
Relm Wireless gets $1.1M in orders - St. Louis Business Journal:
http://www.firewalkingdreams.com/vp/51823.html
million from agencies of the andthe . The orderes include the company's new digital P25 KNG product and itsflagship D-Series digital P-25 The orders should be fulfilled during the seconr quarter of 2009. APCO Project 25, or P25, requirews interoperability among compliant equipment regardlesas ofthe manufacturer. It’s a standard establishecd by the Associationof Public-Safetyh Communications Officials and is approved by the . The shifgt toward interoperability gained momentum as a resul t of significant communications failures durinv events such asthe Sept. 11, 2001, terrorist attack and Hurricane Katrina.
Relm was among the firstf manufacturers todevelop P25-compliant Relm Wireless (AMEX: RWC) is a 60-year-olde firm that makes two-way communications equipment for public safety professionalxs and government agencies. Its radios are also used in a wide ranger of commercial andindustrial applications. The company is based in West Relm stock has traded ina 52-weelk range between 41 cents and $1.75. On May 21, it was tradinfg at about $1.05.
million from agencies of the andthe . The orderes include the company's new digital P25 KNG product and itsflagship D-Series digital P-25 The orders should be fulfilled during the seconr quarter of 2009. APCO Project 25, or P25, requirews interoperability among compliant equipment regardlesas ofthe manufacturer. It’s a standard establishecd by the Associationof Public-Safetyh Communications Officials and is approved by the . The shifgt toward interoperability gained momentum as a resul t of significant communications failures durinv events such asthe Sept. 11, 2001, terrorist attack and Hurricane Katrina.
Relm was among the firstf manufacturers todevelop P25-compliant Relm Wireless (AMEX: RWC) is a 60-year-olde firm that makes two-way communications equipment for public safety professionalxs and government agencies. Its radios are also used in a wide ranger of commercial andindustrial applications. The company is based in West Relm stock has traded ina 52-weelk range between 41 cents and $1.75. On May 21, it was tradinfg at about $1.05.
Monday, October 3, 2011
Avid, Safeguard Scientifics part of big venture deal for life sciences industry - Philadelphia Business Journal:
balamatovaegede.blogspot.com
million financing Thursday, one of the largest venturs capital deals of the year in the life sciences which has struggled to raisd capital since the downturn inthe economy. The Philadelphiw biopharmaceutical company plans to use the proceeds primarily to fund the completionb of development of its amyloid imaging compound todiagnosde Alzheimer’s disease earlier than now possible. The compound may also help researchers better evaluate new drug candidatez targeting the neurological The money from the Series D financiny will also be used to commercialize the compounsd if it gets Food and DrugAdministratiom approval.
Other proceeds will be used to continued developmentof Avid’s Parkinson’s diseasre imaging compound. The financing was led by , a San Francisc o life sciences venturecapital firm. Also participating in the financing were existinginvestorsz BioAdvance, of Philadelphia; (NYSE:SFE) of Wayne, Pa.; New York; , New York; and the venture arms of pharmaceuticaol companies (NYSE:PFE) and (NYSE:LLY).
million financing Thursday, one of the largest venturs capital deals of the year in the life sciences which has struggled to raisd capital since the downturn inthe economy. The Philadelphiw biopharmaceutical company plans to use the proceeds primarily to fund the completionb of development of its amyloid imaging compound todiagnosde Alzheimer’s disease earlier than now possible. The compound may also help researchers better evaluate new drug candidatez targeting the neurological The money from the Series D financiny will also be used to commercialize the compounsd if it gets Food and DrugAdministratiom approval.
Other proceeds will be used to continued developmentof Avid’s Parkinson’s diseasre imaging compound. The financing was led by , a San Francisc o life sciences venturecapital firm. Also participating in the financing were existinginvestorsz BioAdvance, of Philadelphia; (NYSE:SFE) of Wayne, Pa.; New York; , New York; and the venture arms of pharmaceuticaol companies (NYSE:PFE) and (NYSE:LLY).
Saturday, October 1, 2011
Retailers bank on idea of low-price guarantees - Portland Business Journal:
cicugaha.wordpress.com
But the plan will work only if larger numbers ofcustomers don’t pursue the offers, which would force them to drop prices they’r rather keep at current levels, several industry watchers said. announced May 12 it wouldf become the latest retail chain to offerr to sell products belowlisted costs, if shopperx bring in printed ads from competitore showing that the same product is selling for a loweer price there. The Minneapolis-based chain is testing the policy in twomarketsx — Denver and Orland o — and will use those resultse to help it decide whether to take the offet nationally, spokeswoman Delia McLinden said.
Thus Targetr joins both locally managefd and national chains specializing in general goods or even fitness equipmenyt that offersimilar promises. The price-matching policies first began to spring up roughly 20years ago, but really have gaines steam in the past 10 years, accordingv to Ken Manning, a marketing professor at . Some might thinjk it’s a bad time for the marketingh approach, given that retailers are enduringslowef sales: March 2009 retail sales were down 10.6 percent from March according to the .
But severap company owners said they see this as a more appropriatd time to offer such McLinden said Target decided to try out the policy as part of a new marketing push to emphasizr its low prices during a timeof recession. Jim Pearse, owner of Thornton-basede chain , said maintaining such a policy makesw it easier to build customer trust at a time when peoplse tend to shoparound more. “In this economy, it’se a great service to the customer,” Pearse said.
“Wheh the competition is havinga sale, then we’ree having a sale on the same … From the customer’s point of view, it giveas them more confidence to make a But while some customers will scan ads and compare priced of specific items, most don’t do that level of homework — and that’s what storesw hope for, said Donald Lichtenstein, professor and chairman of the marketingh division of the ’s Leeds School of Business. Instead, many shopper s will hear that a store offersa price-matching guarantee and just assumse that any business that would do that also wouldd have low prices, Lichtensteinh said.
And they’ll buy from that storr without noticing thatwhat they’rse purchasing might be more expensive than the same item somewhere else. The carefull shopper may find that some stores sell a uniqur productthat can’t be comparexd to other stores, Manning and Lichtensteinj said. Take the home-fitness machines at , a 10-storr Colorado chain based in Glenwoof Springs. HealthStyles is the only licensed Colorado dealer for severakl linesof equipment, meaning that no other storwe in the state could advertise a comparabld price, co-owner Dave Sherifrf said.
Of course, some potential customers stil will bring in online ads or ads from other in which case Sheriff has to make sure the listefd priceincludes freight, warrantyt and delivery. But if it does, he he won’t hesitate to offer the lower price in exchangee for increased loyalty fromthat buyer. “Outr margin goes down, but we know we’vw got a customer who knows us and wantd to buyfrom us,” said the exercise physiologist, who foundede the chain 16 years ago. “It’x more than, say, the Internety group or the grouop out of state canprovide them.
” Othefr stores are alleged to have become too particular in theier price-matching policies and begun denying legitimate claims. A New York for example, has filed a lawsui t against electronicschain , arguinfg the company taught its employeews how to deny valid claims, according to multiples media reports. Best Buy officialzs didn’t return messages seeking response tothe Yet, in penny-pinching times, shoppers actually will become more energized to compare prices and spendr time to find the best deal, Manningv said. And that could backfirre on the stores hoping the policies alonew will get customers into stores withouresearching costs, he said.
But the plan will work only if larger numbers ofcustomers don’t pursue the offers, which would force them to drop prices they’r rather keep at current levels, several industry watchers said. announced May 12 it wouldf become the latest retail chain to offerr to sell products belowlisted costs, if shopperx bring in printed ads from competitore showing that the same product is selling for a loweer price there. The Minneapolis-based chain is testing the policy in twomarketsx — Denver and Orland o — and will use those resultse to help it decide whether to take the offet nationally, spokeswoman Delia McLinden said.
Thus Targetr joins both locally managefd and national chains specializing in general goods or even fitness equipmenyt that offersimilar promises. The price-matching policies first began to spring up roughly 20years ago, but really have gaines steam in the past 10 years, accordingv to Ken Manning, a marketing professor at . Some might thinjk it’s a bad time for the marketingh approach, given that retailers are enduringslowef sales: March 2009 retail sales were down 10.6 percent from March according to the .
But severap company owners said they see this as a more appropriatd time to offer such McLinden said Target decided to try out the policy as part of a new marketing push to emphasizr its low prices during a timeof recession. Jim Pearse, owner of Thornton-basede chain , said maintaining such a policy makesw it easier to build customer trust at a time when peoplse tend to shoparound more. “In this economy, it’se a great service to the customer,” Pearse said.
“Wheh the competition is havinga sale, then we’ree having a sale on the same … From the customer’s point of view, it giveas them more confidence to make a But while some customers will scan ads and compare priced of specific items, most don’t do that level of homework — and that’s what storesw hope for, said Donald Lichtenstein, professor and chairman of the marketingh division of the ’s Leeds School of Business. Instead, many shopper s will hear that a store offersa price-matching guarantee and just assumse that any business that would do that also wouldd have low prices, Lichtensteinh said.
And they’ll buy from that storr without noticing thatwhat they’rse purchasing might be more expensive than the same item somewhere else. The carefull shopper may find that some stores sell a uniqur productthat can’t be comparexd to other stores, Manning and Lichtensteinj said. Take the home-fitness machines at , a 10-storr Colorado chain based in Glenwoof Springs. HealthStyles is the only licensed Colorado dealer for severakl linesof equipment, meaning that no other storwe in the state could advertise a comparabld price, co-owner Dave Sherifrf said.
Of course, some potential customers stil will bring in online ads or ads from other in which case Sheriff has to make sure the listefd priceincludes freight, warrantyt and delivery. But if it does, he he won’t hesitate to offer the lower price in exchangee for increased loyalty fromthat buyer. “Outr margin goes down, but we know we’vw got a customer who knows us and wantd to buyfrom us,” said the exercise physiologist, who foundede the chain 16 years ago. “It’x more than, say, the Internety group or the grouop out of state canprovide them.
” Othefr stores are alleged to have become too particular in theier price-matching policies and begun denying legitimate claims. A New York for example, has filed a lawsui t against electronicschain , arguinfg the company taught its employeews how to deny valid claims, according to multiples media reports. Best Buy officialzs didn’t return messages seeking response tothe Yet, in penny-pinching times, shoppers actually will become more energized to compare prices and spendr time to find the best deal, Manningv said. And that could backfirre on the stores hoping the policies alonew will get customers into stores withouresearching costs, he said.
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