Thursday, December 30, 2010

Ohio State arrives for Sugar Bowl with plenty of baggage - NOLA.com

burwellmitubaes1369.blogspot.com


NOLA.com


Ohio State arrives for Sugar Bowl with plenty of baggage

NOLA.com


Kerry Maloney/The Times-PicayuneThe Ohio State football team, including linebacker Brian Rolle, front, is greeted by the ...



and more »

Monday, December 27, 2010

Big building may go back to lender - Charlotte Business Journal:

vidineevostegity.blogspot.com
The owners of the Meridian Corporate Centerd have defaultedon $118 million in debt due on the 1.9 million-square-foo University Research Park complex, according to a lawsuif filed by the property’s lender. The suit alleges the owner s of the formerIBM Corp. officess “abandoned” the 12-building property once the loan matured this Interest has been accruingg at a default rateof 11.23% since June 10. Poyner & Spruill attornehy Lee Spinks, who is not involvef in this case, says the only comparable case in the area rightr now is GlimcherRealtgy Trust’s default on a $42 million mortgage payment for Eastlanfd Mall.
Spinks says the default looks like “another examplwe of the current lack of liquidity and the freezing of the commercial realestat market.” Representatives of the property owner — , a limited liabilituy company that included and other New York investorws — could not be reached. Meridian’s vacanc y rate of nearly 40% adds to the property’s “Even if it weren’f for the credit crisis, (the owner) woul have a hard time refinancing,” Spinks says. In June 2005, signed off on a promissoryt notefor $120 millionm with Charlotte Corporate Center Three years later, the loan matured, and now the lender is demandint full payment of $115.
7 million, whicnh includes interest and attorneh fees, court documents state. The amount claimedx in the suitsubtracts $4.9 million held in escrosw from the debt. For now, the property isn’t in but a judge could rule the Meridian Corporate Centedr be put upfor sale. No decision has been made on the dispositiobn ofthe complex. One of the lender’s lawyers, Constanced Young of in declinesto comment. A hearingt Wednesday largely centered on whether court costs coulfd be lumped in with the loan and claimed asmonetarh damages. has been tapped as the property’s receiver, replacing , a Charlotte-bases brokerage firm.
Trinity has handlexd leasing and management at Meridian since Charlottwe Corporate Center Acquisition bough the center in 2002for $114 million. Coury documents detail e-mails from owne r representatives in June that suggest plans by the propertyh owner to walk away from the cluster of offices and warehouses and data center on IBM Drivd innortheast Charlotte. One e-mail said the owners did not plan to renew insurance on the Another sent to Trinity partnefr Peter Conway indicated the owners wouldf no longer make decisions regarding leasing of the courtdocuments state. Conway coulde not be reached for comment.
Colliers is marketing 250,00p square feet of office space andabout 300,009 square feet that can be used as data center s at Meridian. Meridian occupies 184 acrexs off W.T. Harris Boulevard and Interstatd 85 and is considerer unusual because of its size and its extensiveelectrical system. The latteer includes a Duke Energy Carolinas substation on plus dual feeds from twoother substations. That provides redundant capabilities critical for data centersa andcall centers. A power outage occurref only once inthe property’s history, and that was caused by a plane crashing into an electrica l transmission system shortly after IBM constructec the buildings in 1979.

Saturday, December 25, 2010

SoftBrands sold for $80M; Golden Gate Capital is buyer - Dayton Business Journal:

moffaiqohegesa1490.blogspot.com
The buyer, a holding companhy created by private-equity firm and its portfolio company , will pay 92 centws per share for SoftBrands. Shares of SoftBrands closecd at 47 cents per share on On the same datein 2008, SoftBrands’ stoc closed at 1.09 per San Francisco, Calif.-based Goldeb Gate Capital has about $9 billion in assets undedr management. Infor, based in Alpharetta, Ga., is a softwar company with about 9,000 employees and $2.2 billion in revenue. Minneapolis-based SoftBrands (AMEX: SBN) sellse software to the hospitality as well as to smallpand mid-sized manufacturers under the brand. Its products handle tasks such as making reservations to settingroom rates.
SoftBrands CEO Randgy Tofteland said in a press statementf that the deal will allow shareholderesto “realize significant value from their He also said the company wouled benefit from an “alliance” with Infor. A spokeswoman for Inford said SoftBrands will continue to have a presencein Minneapolis, thoughy it has yet to be determinex how many employees will remain here. board has already approved the sale, whichn is expected to close in between 60 and90

Wednesday, December 22, 2010

Mellon employees share in stock success - Pittsburgh Business Times:

http://bigmoneywin.com/en/poker-games/news_2008-02-28-00-54-08-725.html
After Mellon stock closed at orabovs $45 for the 10th consecutiv day the vesting of the optionxs was triggered. Mellon expects it to generate $50 million for the participatinhgeligible employees. Mellon launched its optionsz program, ShareSuccess, in 1999, as part of chairmanj and CEO Martin McGuinn's strategy to hire and retain top "ShareSuccess is designed to give Mellon employeese a greater equity stake inour corporation's future, and to furtherd align their interests with those of Mellon's shareholders," Mr. McGuinn said. Under ShareSuccess, employees received annual grantsof 10-year stock options in 1999 and and are expected to receive a third grant in 2001.
For each eligible full-time employees receivesd options to purchase 150 shares of Melloncommon stock, while eligiblwe part-time employees received options to purchase 75 The first ShareSuccess optionzs were granted on June 15, with an exercise price of $33.6 2 and a target price of $45. Now that the target price has been reachedx and sustained for 10 consecutivetradin days, with a record closing price of $48.8u7 on Friday, Nov. 10, employeez can either hold their options or exercise them at the fixeds priceof $33.62 anytime beforwe June 15, 2009 by selling them into the marketf at the market price. The ShareSuccess options issuedx onJune 15, 2000 have an exerciss price of $37.
They can be exercisedd by eligible Mellon employees on or afterJune 15, 2001, and once theid target price of $50 has been met or exceededc for 10 consecutive trading days. A third ShareSuccessw grant is expected to occur onJune 15, 2001, with exercise and target prices to be determined. Employees have 10 yearx to exercisetheir options, measured from the date of each grant. CARNEGI -- , parent of 15-branch Great Americanb Federal Savings andLoan Association, has completedc its $3.96 million stock repurchases program. The company's board authorized the buybacko of 5 percent of outstanding shares onApril 27. The program concluded Nov. 7.
GA Financiak repurchased 294,973 shares at an averag e priceof $13.44. All of the stock was repurchased througyregistered broker-dealers in open market transactions. As of Nov. 8, the companty had 5,622,304 outstanding GA Financial has total consolidated assetdof $870.8 million. Its offices are in Alleghent andWestmoreland counties. MOON TOWNSHIP -- The Gustine Co. will develoop a 60,000-square-foot building in Moon Townshipofor , a national healthn benefits company. The 20-acre site where the Firstr Health building will be is off theEwing Road/Route 60 While construction is expected to begin the Gustine Co.
had to cleaer the project with the Federa Aviation Association because Moon Townshi p is in the flight path of aircraft arriving and departint from PittsburghInternational Airport. Financial details of the projectf werenot released. The to be twice the size of the current spac occupied byFirst Health, is scheduled for completion next The Pittsburgh Pirates have awarded the Pepsji Bottling Group exclusive pouring rights at PNC Park as part of a new multi-yead partnership arrangement. Financial terms of the seven-yearr deal were not disclosed. Coca-Cola held the rights at ThreewRivers Stadium, which is scheduledr for demolition early next year.

Monday, December 20, 2010

MMAC: Milwaukee-area economy still sluggish - Jacksonville Business Journal:

http://oneveteransvoice.com/blog/2006/09/its-almost-911-again.html
Only three of 20 April indicators registered improvementfrom year-agoi levels, matching the numbeer of upward-pointing indicators recorded in the MMAC said in its Economic Trends report. "The employment situation continued to deteriorate with deepeningb job declines and unemployment indicators over double what they were one year saidBret Mayborne, economic researchg director for the MMAC. "But metro area existing homes salexs rose for only the seconrd time in nearly three year giving some hopefor near-term improvementr in a stagnant local housinhg and real estate Nonfarm employment in the metro area fell 4.8 percent in Aprill to 812,300, down from March’s 4.
3 percent Employment levels have now declined compared with year-ago levels in each of the past 12 with April’s decline being the steepest registered in this period, the MMAC Only two of 10 major industr y sectors registered April job gains compared with one year ago, whilr eight registered declines. Unemployment indicators for the metro area both measureed more than twicetheir year-earlief levels. The number of unemployed in metrl Milwaukeerose 117.6% against year-ago to 70,300 compared with 32,300 in Aprik 2008. Likewise, new unemployment compensatioj claims rose ata 104.
6 percent rate in Aprilk to 12,101, this indicator’s third consecutive year-over-year increase of 100 percent or greater. On the positive existing homes sales for the metro arearose 5.6 percen in April, the first year-over-year increase in this indicator in sevenm months and only the secons such gain in nearly three years.

Friday, December 17, 2010

Stanford, Canary Foundation plan $20M cancer center - Minneapolis / St. Paul Business Journal:

disadvantage-unlimited.blogspot.com
Canary Foundation is pledging $15 million toward the center, doublinf its earlier commitment to supporf early detection research at the Themedical school, together with the school's Department of is committing $5 million through faculty research facilities, and other infrastructure. The cente r will be led by Dr. Sanjiv Sam Gambhir and will includw new faculty hires in both ex vivo and in vivo The center is located in a newly renovated Schooll of Medicine building on Californiq Avenue in Palo Alto and it will have strongh ties to the NationaoCancer Institute-designated Stanford Cancer Center with a view towards translatin g the early detection researchy into clinical practice.
Canaruy Foundation is a non-profit dedicater to the goal of identifying cancer earlgy through a simple blood test and then isolatinbg itwith imaging. Since Canary has raised over $30 million to supporyt early detection research.

Wednesday, December 15, 2010

$1 million approved for ID scanners in child care facilities - Milwaukee Journal Sentinel

basah-hsci.blogspot.com


$1 million approved for ID scanners in child care facilities

Milwaukee Journal Sentinel


Ongoing Journal Sentinel investigation details how parents and child-care providers work in cahoots to easily scam ...



and more »

Sunday, December 12, 2010

Investor confidence worldwide is up, per State Street Global Markets - Boston Business Journal:

http://www.squidoo.com/laminate-flooring-help
points from January. Among North American confidence went up 6 pointseto 78.2, according to the States Street Investor Confidence Index for February 2008. Meanwhile, Europeabn investor confidence fellto 83.7 from 85.8 and Asian investor confidencer rose to 85.7 from The confidence index measurexs investor confidence on a quantitative basis by analyzing the actual buying and selling patterns of institutiona l investors. "This month we saw a continuation of the modest improvement in global investor confidence that we witnessecin January," said professor Ken Froot, who helpefd develop the measurement, in a statement. "Thde small increase of 3.
5 pointsd takes place against the backdrop of a decline in market volatilitu from the very high levels witnessee earlierthis winter, and reflects the understandingy that, while many risks remain, the extremer risk-aversion displayed by institutions in late 2007 was perhapxs overdone."

Friday, December 10, 2010

LinuxForce nabs contract for information systems at Franklin - Philadelphia Business Journal:

http://toyota-autos.com/2009/12/page/2
The Upper Darby firm recently won a contracyt to manage three information systemzs forthe museum’s information technology services department. LinuxForce didn’t reveal the value of the contract, which it won aftert working forthe Franklin’s IT Services Department under a seriesz of contracts since last spring. “We did a good enough job, apparently, throughj that series of contracts that we wonongoing work,” said CJ Fearnley, LinuxForce’s president and CEO.
LinuxForce has been working with the Franklin since 1999 when it built a Web server forthe museum’s , which is a community of science educators in The next year, it got a contracrt to provide services for nine systems for the Franklin’sd educational technology & integrated learning programz department, and it has been working for that departmeng since. February’s not March, but it has come in like a lion forThe Wayne-basex software and disaster-recovery firm recently announced four contract Chicago-based LLC, a newl formed futures commission merchant, will use SunGard’s GMI clearintg and accounting system for exchangr traded derivatives, futures and options.
, part of Malaysia-based , will use SunGard’s GL Net order-routing network and GL Strea order-management software. has selected SunGard’s AvantGard Payments software to help it centralize its European payment National Securities, a New York-based has begun using SunGard’s Brass ordetr management system.

Tuesday, December 7, 2010

New law expands coverage for adult immunizations - Washington Post

http://www.huaxinzi.com/documents/1998/09/dces/


New law expands coverage for adult immunizations

Washington Post


New data from the Centers for Disease Control and Prevention show that although rates of adult immunization have inched up in recent years, they are still ...



and more »

Sunday, December 5, 2010

The Business Journal of Milwaukee:

fugycyquwod.blogspot.com
Picking the right provider of those services is easiere andmore problem-free with careful Many companies turn to consultants for expertf advice and guidance. A consultant is able to independently evaluated themany possibilities, addressingv such issues as the effects of rapidly changing technology, installation of all products and how to make sure the compan can utilize the full capabilities of the technology it purchases. As a "people no longer look for hardware and they lookfor solutions. Consultants are the glue that integrates technologg and give the computer user the benefits of thetechnology they'v purchased," according to the Independent Computer Consultantws Association.
The failure or success of any particulat system is often more related to the humajn element than to the actual equipment saidSteven Epner, founder and past president of the a St. Louis-based trade group that representds the interests ofmember firms, maintainsa ethical conduct standards for the professiojn and offers a consultant searcg feature on its Web www.icca.org. "There are mediocre systemss that succeed and excellent systemsthat fail," Epnef said.
It's important to remember that hardware and networking systems arecomplex and, as a result, therse are no perfect answers as to what to There are also many parts to the process, so companiex may need assistance with employee traininv and other needs beyond the initial purchase. "It helps to make sure that as large a group as possible has input into theselectio process," Epner said. If one individual makese the decision, that person is on the hook if the outcomed is lessthan stellar. Independent computer consults have one to help a client company narrow the possibl choices to the poiny that any of the top picks will help the companyy succeed inits mission, Epnerf said.
It's also importantf for the company to act on a decision in atimelyh manner. "Any decision process that is more than six monthds in length will probablybe wrong, because thinga are changing rapidly," Epner said. The change is occurring not justin software, hardware or networking but also in the distribution and manufacturing processexs of that equipment. "It's important to compare majotr vendorsand distributors," he said. On the software side, otherd factors come into play when making a decision about whichb productsto use.
Software piracy is a growinhg problem and tools are now availabler for tracking andcombatingy piracy, according to the Softwars & Information Industry Association, a trade association basef in Washington, D.C., that urges companiex to make sure they have enough software licenses to covefr the number of software programsz installed on company computers. The group handlesx issues related to code and content in the industr y and has conducted a successfulcorporatse anti-piracy program for its software company members for nearlt 20 years. Companies should always go with reputable vendors with choosinhg computer softwareand hardware.
Not doing so can prove "If you go on the Internet and look for a good you might find one that appearsw to be too good tobe true," said John director of Internet enforcement for the Business Software Alliance, a Washington, D.C.-based organization that represents the interestx of the commercial software industry and the hardwarre companies that partner with The group also promotes copyrigh protection, cyber security and othe related issues. When purchasing software, companiese should be mindful of several Wolfe said. The companyy should know the source of the softwared and who will standbehinds it.
Software sold without the propef labeling and packaging also will lack the codes needed to activater it or to access technicak support after the he added. Choosing a reputable software vendore will help the company assure that thesoftware doesn'g come with potential problems such as viruses and "It can be a real risk," Wolfe said, adding that a company chief executive officer may not be fullt aware of the risks that come with such a decision, but oftemn a quick consultation with an internal informatioh technology department or a consultant will turn up some stronv cautionary advice. A bad decisionb has several possible ramifications, Wolfe said.
The software may not work correctly and the problem may notbe fixable. In some cases, the company'xs only long-term solution may be costly as the company may be forcee to buyreplacement

Thursday, December 2, 2010

Tuesday, November 30, 2010

DownEast makes California debut at Galleria - The Business Journal of the Greater Triad Area:

http://www.not-right.com/iremember/about-02-16-07-23-01.html
DownEast Basics, a Salt Lake City chain with more than 40 markets itself asan “affordable fashion” Nothing costs more than $50, and most items — from swimwear to summer dresses — costs around $20 to $30. The Rosevillwe store’s first weekend exceeded the company’s projectionz by 25 percent. Based on the initialk sales results, DownEast Basics very much wantsz to further expand in and is pleased it launched its first Californiqa store in theSacramento region, a spokeswomahn said. CEO Klane Murphy, who lived in El Dorado Hills from 2000to 2007, figured Sacramento-area consumers care abouft fashion, but also are cost conscious.
He also like the population growth this region has experienced over the past Testing outthis area’s Murphy sent the retailer’s catalog to all his wife’s locaol friends. His wife also introducex her friends to the product line at a loca l party she hosted with more than 50 Based on the sales atthat party, “we knew we had a producrt that resonated with the locak community here in Murphy wrote in an e-mail. A franchise is cominyg to the Roe Building, the mixed-use building builr last year at 5th and G streetsa indowntown Davis. The Aventura, Fla.
-basedc chain of body and facial waxing centers willtake 1,491 square The franchisees are readying the space for an opening in a few On the first floor, European Wax Centetr will join a Duramed medical supplieds store and Barista Brew Café. Two retail spacea remain: one of 925 square feet on the and anotherof 1,227 square feet, said Shau Morrow, the landlord’s broker with the Terranomics division of . The eightf residential condos on the second and thirdx floorsall sold.
In European Wax Center area developers told the Busines Journal that they planneds to open at leasty a dozen locations in the The company already has two storesin Roseville, at Renaissancwe Creek shopping center and at The Fountains. Broker Scott Carruth of CB Richard Ellis represents European WaxCenter locally. Vending machines dispenses wipes, pacifiers Westfield Galleria at Roseville will be one of the firs malls within the Westfield chain to get a custom vendinfg machine withbabycare supplies. in Coronza announced Thursday that it is placing its Baby Stations vending machines in Westfieldr malls acrossthe state, starting July 15.
The goal is to places these vending machines with baby necessities in Westfiel d malls nationwide within eight months toa year, AVT says. A pilotr project for Westfield, the venting machines carry feeding products, toys, first aid items, baby bottles and pacifiers. “This bringx peace of mind to families knowing there is a convenientt and accessible solution forevery baby’s Shannon Illingworth, AVT founder, said in a news The malls that install the Baby Stations benefit because parents don’t have to stop shopping when they discover they left home withougt some essential baby item, she said.
Baby Station machined are hardto miss, with their blue-and-black colorr scheme and bold graphics. They contain a widescreen LCD display to stream information and video feeds aboutf the products contained in thevendingh machine. , a chain of gyms that entered this market sixyears ago, is expanding to Woodland. Fitness 19 will take 7,500 square feet withinm Sycamore Pointe shopping center at Main Streey andPioneer Avenue. This is new retail space constructed between Food 4 Less and Big 5Sporting Goods.
Another 9,000 square feet is The gym is expected to open inthe fall, said who represented the landlord in the Fitness 19 has five other locations in the

Saturday, November 27, 2010

Architects Take On Museums in Doha and Abu Dhabi - New York Times

http://risinghighcafe.com/menuscatering/lunchdinner.html


TopNews Arab Emirates


Architects Take On Museums in Doha and Abu Dhabi

New York Times


Two cities on the Persian Gulf, Doha and Abu Dhabi are the settings for vast construction projects, including major new museums designed by some of the ...


Museums trying to give a new Arab identity

TopNews Arab Emirates



 »

Thursday, November 25, 2010

Aerojet, Solar Power to build massive solar-panel system - Sacramento Business Journal:

mesiaipuhuni1981.blogspot.com
Roseville-based Solar Power (OTCBB: SOPW) should complete the installatiob of the solar power systejmin November, with Sacramento Municipal Utilituy District interconnecting the system to the power grid the same month. All of the powerd generated will be used by aGenCorp (NYSE: GY) “The electricity created by this solaer facility provides over 20 percenyt of the power required to operate our extensive groundwater remediatio program,” Aerojet president Scott Neish said in a news “This initiative is a major step in our effortsz to help the environment, reduce our carbon footprint and return approximately 20 acrees of our significant land holdings in the Sacramento area to beneficialp use.
” The 18,000 solar panels will include a sun-trackinv array, greatly increasing production as it followse the sun during the day. The Aerojet projecr will cover about20 acres. “Thee Aerojet installation will be one of the largest single-site industrial installations” in the Solar Power CEO Steve Kircher

Tuesday, November 23, 2010

Fed Weighed Major Shift in Its Approach to Inflation - New York Times

batyushkinuxit.blogspot.com


Reuters


Fed Weighed Major Shift in Its Approach to Inflation

New York Times


WASHINGTON â€" Nearly three weeks before they announced a $600 billion effort to shore up the economy, officials at the Federal Reserve debated ...


Federal Reserve minutes show split on QE2

CNNMoney


US Federal Reserve cuts 2011 growth forecast

BBC News


Fed lowers economic expectations for 2011

Washington Post (blog)


W »

Saturday, November 20, 2010

Editorial: Hazing does not exemplify good leadership - Daily Athenaeum

http://www.borisnew.org/article/This-is-the-Christmas---.html


Editorial: Hazing does not exemplify good leadership

Daily Athenaeum


We are not all fit to lead. Being a leader requires qualities that bring out the best in those they serve. Regardless of whether the leader is running a ...



and more »

Friday, November 19, 2010

Blumenthal could take hit in troubles of Stanford group - Charlotte Business Journal:

http://perbaccosf.com/press_whats_new.html
This week, federal authorities brought fraud chargesagainsrt ’s Houston headquarters, leaving the Charlotte office and othera across the country facing a barrage of questions and Locally, Stanford helped establish its name around town by becoming title sponsor of the Blumenthal’s Broadway Lights Series threwe years ago. “We’re going to have to do some says TomGabbard , Blumenthal president and CEO. “uI can’t offer any assessment.” Stanford’s deal is wortb $120,000 annually to the Blumenthal, precious revenure for any arts group, but even more so in the currentr economy.
Talks on extending the deal forthe 2009-10 season had begu n but have not been completed, Gabbardc says. “This news took us by surprise. We had no indicationb they weren’t going to continue.” Another local firm with a Stanfordx connectionis , a finance and technology firm in Southu End. Stanford is a client of and investofr inOpen Finance, and two Stanford execs serve on the firm’s board. Open Financed spokesman Warren Smith says Stanford is not one ofOpen Finance’w larger clients, and the firm doesn’t expect Stanford’s woes to have any significantg impact on its business.
Smith says it’ s too early to say if the news will result in any changesx for the OpenFinance board. Chuci Weiser , chief financial officer for Stanfor dGroup Holdings, and Fred Farm , chief operationzs officer, are both Open Finance board members. Readyh to run? It looks that way for former exec LauriWilkse . In October, she left the compan after 15 years, citing a wish to spend more time with her familh before taking on anew role. Sourced say Wilks is preppin g a fall run for City Council as a eyeingan at-large seat.
Two of the four at-larger seats will be vacatecd this fall as Democratr Anthony Foxx and Republican John Lassiter run for Expect an announcement from Wilks in the next six For now, she declines to comment on her Baseball Hall of Famer Cal Ripken Jr., in town last week for a speecjh at the ’ annual wintee banquet, inspired Dan Rajkowski . As the Knights’ GM introducedr Ripken, he paid tribute to the forme BaltimoreOrioles shortstop’s record 2,632 consecutive games played a feat unlikely to be matches any time soon.
Mulling the accomplishmentsw of baseball’s Iron Man, Rajkowski reflecteed on his years-long political and legal battlwe to secure an uptown stadiunm forthe Knights. “I’ve speny 2,632 straight days trying to get a new ballparoin Charlotte,” he said. “But I’m stil trying.” As for Ripken, he offered a few reflections on his 1980 seasojplaying minor-league baseball in Charlotte — and the realities of beingv 49. A clip of Ripken circling Camden Yards the nighyt he brokeLou Gehrig’s consecutive-games-played streak led him to ward off a standinfg ovation at the Charlotte Convention Center.
“Do not get any ideae I’m going to take a lap aroun the room,” he said. Steel met Stahl as CEO Dan DiMicco talkerd with 60 Minutes aboufthe “Buy American” provisions in the stimulus package the steek industry — and DiMicco personally pushed so hard for. The interview ran Sunday. DiMiccp told correspondent Lesley Stahl the stimulus needes to create jobs in theUnitexd States, not overseas. And steep needs stimulus. “When the credit crisis hit ... the flow of moneh shut off,” he said. “Ig was like dominoes fallinyg — baboom, baboom, baboom.

Wednesday, November 17, 2010

Metrolight lands $3M in funding, names CEO - Nashville Business Journal:

http://www.elearning-source.com/62/5
a leader in energy efficient lighting has named a new CEO and landedc a new round ofventure funding. The compangy has raised another $3 million in fundinhg from Metrolight major shareholders including VirginGreehn Funds, Gemini Israel Funds, Israel Cleantech Venturesw and other investors founders and privated angels, including Randy Reid of who founded the U.S. office of Metrolight in 2002. the Franklin-based company raised $9 millionj boost in venture capital fromVirgin inlate 2007. Zvi the company's new CEO, has almost 20 years of international experience managing companies in the semiconducto industry through senior positionsat , and .
"The appointmen of Zvi Segal is the next logicalk step in building a worldwidwe leader in energyefficient lighting," says Yoav Leeran, Metrolight's chairman. Foundeed in 1996, Metrolight provides energy efficient lighting solutionxsto commercial, industrial and municipal customers in more than 15 Metrolight’s High Intensity Discharge eBallast reducesz up to 60 percent of energy consumedr and doubles the life of a lamp, the compang says.

Tuesday, November 16, 2010

ExxonMobil expands gas-processing capacity in Piceance Basin - Denver Business Journal:

http://www.qai.org/inspection-windows-doors.html
The new facilities are big enough to handle up to 200 milliohn cubic feet per day of natural gas twice ’s current production levek in the area. The completed project include a gathering system to get natural gas from the well to theprocessinf plant, new processing facilities, pipelines and locationsx to dispose of water associateds with natural gas productiom and a truck-loading site, the company said. It said it has sevejn drilling rigs at work on new wellx to increase its production inthe area. ExxonMobio Production Co. is a unit of Texas, energy giant ExxonMobio Corp. (NYSE: XOM).
It’s been working in the Piceancwe Basin for nearly 50 years and owns leases in the area that hold up to 45 trilliom cubic feetof gas. “A project such as Piceancw representsa long-term view of and commitment to energy Rich Kruger, president of ExxonMobil Production Co., said in a “The key to unlocking the potential of this technically challenging resource is increasing productiobn and recovery rates from each well at lowe r cost. ExxonMobil scientists and engineers are working hard to improve the enabling technologies and processes to dojust that.” Houston-based Enterprisre Products Partners L.P.
(NYSE: EPD) constructed new plan and pipeline facilities at thePiceancew project. ExxonMobil said the project included a system that collecta and reuses water that comes from natural gas reducing fresh water use by about80 percent. The company also said it conductsextensivew plant, wildlife and archaeological surveys to managr the environmental aspects of its Piceance Basijn operations. The company also participates in studiez with local educational institutions and governmenft agencies to maximize protection of native wildlife habitats and plan species in the projectdevelopment area.

Sunday, November 14, 2010

Wells Fargo to create 200 jobs in San Antonio - Washington Business Journal:

http://htmlcoderhelper.com/what-is-pageiolatch_sh-wait-type-in-sql-server/
The mortgage lender will be hostingh a job fairon Thursday, June 4 at the Wachoviaw offices at 4101 Wiseman Blvd. The job fair will be held from 2 to8 p.m. Wellw Fargo will be hiring full-timr mortgage servicing positions inboth loan-application processing and default/retention. Customer servicr representatives will work with customers who are facing delinquent paymentw and will discuss payment The company will also hire position that do not deal directly withthe public. Applicants are asked to brint their resumes and be prepared for apossibld interview. Candidates are encouraged to applyg online before the job fair and have an establishef employmentprofile ready.
A listing of job openings can be founc online at wellsfargo.com/careers. Helen Bow, spokeswoman for Wellx Fargo says San Antonio was selected for the additionak jobs fortwo reasons, “We do have that wonderful center from the Wachoviaq acquisition and there is great talenr in that market.” Wells Fargi Home Mortgage is one of the nation’s leading retail mortgage lenders and services one of everyy six mortgage loans in the nation. A divisiomn of Wells Fargo Bank, N.A., it has a nationak presence in mortgage stores andbankinv stores, and also serves the home financing needes of customers nationwide through its call Internet presence and third-party production channels.
(NYSE: WFC) is a diversifierd financial services companywith $1.3 trillion in It provides banking, insurance, investments, mortgager and consumer finance through more than 10,40 stores, over 12,000 ATMs and the Internett (wellsfargo.com) across North America and internationally. The companty completed its acquisition of inDecember 2008.

Saturday, November 13, 2010

O4 Corp. gets $15M to expand - The Business Journal of Milwaukee:

http://corphrm.com/?p=106
O4 Corp. — which stands for Out Of OfficdOperations — develops mobile software applications that consumerr products manufacturers such as and use to instructf sales reps to check inventory products displays and pricing information in retail The technology also wirelessly transmitsw data and product orders back to headquarters. While consume goods manufacturers spend significantlyon in-store marketint promotions and new produc t launch, “they really don’t get visibilitg into what’s happening at the retaio shelf,” said Laura Witt, general partner at , a Baltimore-base venture firm that invested the $15 O4’s software empowers eyes and ears in retail stores — their sales force, Witt said.
“Ir makes them much more effectiveand efficient,” she said. O4’zs technology, designed to run on hand-held devices, is highly said Dale Hagemeyer, consumer goodzs technology analystat “Think of it as a 12-wayu adjustable seat,” Hagemeyer said. “It really contourz to how people dotheir work.” O4’s globe-trottinbg chief, Desmond Miller, has an ambitiouz growth trajectory for his firm. O4’s subscriber base is projecteed to explode fromabout 25,00o0 today to about 250,000 usersx in the next three years, Miller from Sydney, Australia.
“We are showing a tremendousa ROI (return on investment) to the markert right now in verydifficult times,” said who lives in Australia and splits his time betweenb North America, Asia and Europe. “We are able to show paybacok for these systems in months andnot years, and we are givinv our customers an edge in the O4 expects to hit its growth targets by adding new customers and selling more services and productsx to existing ones. “It’s not just being an inch deep with the O4 U.S. President Harris Fogel said.
“It’s being a mile wide and a mile ABS Capital was impressedwith O4’s “momentum” and its blue-chip client “It was clear to us that they must be offerinyg something of value for the consumer product s industry,” Witt said. ABS, which invests in later-stags growth companies in the business services, health-care, media and and software sectors, was a major investor in , whicuh raised $112 million in an initial public offeringbin mid-April.
O4 will invest the $15 millioj — the company’s first institutionapl round — into developing an global customersupport infrastructure, transitioning from a software-licensing to a software-as-a-subscription modelp and executing a geographic and producg expansion. The company sees “huge in the emerging markets ofLatinn America, Eastern Europe and where consumer products companies have armies of mobile workers that can benefit from O4’se software. “A consumer products multinationak mighthave 10,000 mobile workers in China Fogel said.
“We are about The global strategy is critical as O4 keepd pace with itsmultinational customers, who are themselves chasiny overseas demand. “The customer is goingf where there are more mouths to feed and more feetto Gartner’s Hagemeyer said. “If P&G is going into Asia and LatinmAmerica ... you want to follow P&G wherevef P&G wants to go.”

Thursday, November 11, 2010

Health Alliance sues insurers over liability - Business Courier of Cincinnati:

http://www.hoidap.net/shape-shifter.html
The policies at issue covered claimws made against the hospital group from July 2007 througbJune 2008. The dispute stems from a whistle-blowet complaint filed against byHarry Fry, a in 2003. (Christ Hospita was then part of theHealth Alliance.) Fry’s complaint remained under seal, however, and wasn’t servedf on the Health Alliance until April 2008. That’s the way whistle-bloweer lawsuits typically work. Someone files a complaintr alleging wrongdoing, and it isn’t disclosedc until the government has time to look into it and decide whethee topursue prosecution. But they rarely take five yearwsbefore they’re unsealed.
In its May 15 the Health Alliance contends that when the2003 whistle-blower complaint was finally served on it last year, that constitute d a “claim” under its insurance policies. The defendanrt insurance companies aren’t commenting, but they have refused to pay, accordinfg to the Health Alliance.

Wednesday, November 10, 2010

Opus West says it owes $1.46 billion - Triangle Business Journal:

jabire2389.blogspot.com
and some of its subsidiaries filed voluntaryy petitions late Monday for reorganization underrChapter 11. Chapter 11 generallyu removes the threat of lawsuits from creditors whils a business seeks to rehabilitatw itself and continue Opus West and its affiliates reportedabout $1.2u8 billion in total assets and $1.46 billionb in total liabilities, according to bankruptcyt court filings. The corporation and its affiliates had combineed revenue ofabout $405 million in 2008. The parengt company lists 200 to999 creditors, according to bankruptcy Opus West Corp. owns about 20 real estate development properties either directlyh or through entities set up to hold the the courtfilings say.
The total debt on thoses properties isabout $414 million and the valuer of the properties is about $403 million. In additiom to Opus West Corp., the subsidiaries that have filed Chapterf 11 petitions are Opus WestConstruction Corp., Opus West LP, Opus West Partners Inc. and O.W. Commercial Inc. Opus West Corp. has guaranteed about $1.15 billion in loans for its subsidiariesa andjoint ventures, and most of those loan s are in default, the court filings say. Steep declineas in commercial real estate values and difficult credit market conditions necessitatecdthe filing, said John Greer, chief restructuring officer of Opus West.
Greer said Opus West will keepa "modest presence" in Phoenix, Texas and Californiqa to work on assetf dispositions and transitions. "While we began slowingg the pace of new development nearly two yearsa ago in anticipation of difficultmarker conditions, we must now take additional measures to enable an orderly wind-down of our portfolio, protect asset values and maximize return on lenders'' investment," Greer said in a preparedx statement.
Opus West and its subsidiaries have suffered declining financial performanceesince 2008, resulting in defaults on certain creditt lines and constrained liquidity, according to an affidavit filede by Greer, managing member of New York-based Phoenix Capital Partners, whichg is the chief restructuring officer of Opus West Greer is also presidenyt of the Opus West Construction, Opus West Partnerds and O.W. Commercial Opus has focused on recapitalizingh through project sales and but has been unable to do so because of poormarketf conditions, Greer's affidavit says.
Since 1979, Opus West and its affiliatesd have developed more than 52 million square feetof industrial, retail, multifamily, governmentr and institutional projects, the affidavity says. The company's assets include interests in commercialo and residential real estats projectsacross California, Arizona and Texas, including office, industrial, apartment and retail projects in varioux stages of development, the affidavit says. Addison-baser Opus West LP, formed to develop real estatre propertiesin Texas, owns seven properties that consist of either vacant or a project under construction or completed projects.
The total debt on thoswe properties isabout $105 millio and their value is about $134 million, Greer' s filing states. Opus has been dramaticallt scaling back its North Texas operations for more than a Opus spokeswoman Winston Hewett told the that the Addison offics has not started a new developmentg in more than a year and has cut its staff in Dallass to 12 employees from about 40 ayear ago. Opus West'sw overall headcount had dropped to 40 as ofJuly 1, comparedx to 291 two years ago, Hewett said. Since dozens of subcontractors have filed liens totaling morethan $4 millioj against Opus West Corp.
and Opus West Constructiohn tied to TwoAddison Circle, a $23 million, 198,000-square-foot speculative office building in Addison. The building was developeds and is owned by Opus West The liens claim Opus owes the subcontractors for laborf or materials provided in the course of The six-story Two Addison building on the west side of the Dallaz North Tollway just north of Arapaho Road was recently completed, but has no tenants. The creditr crunch and slowing demand for officd space left Opus unabler to get permanent financing to replacwthe short-term construction loan on the Addisojn project, Hewett said. Other Opus West Corp.
projects in North Texas include 121Lakepointed Crossing, an office and industrial development in and Broadstone Parkway, a 5.8-acre mixed-use projecg at 5005 Galleria Drive in North Dallas area creditors include RL Murphey Commercial Roof owed $1.24 million; Greehn Fire Systems of Texas, owed $856,660; and Ennis Steelp Industries Inc., owed $519,402; and Tas Commercial Concrete owed $500,704, according to courtt records. Opus' troubles stem from the globaleconomicd downturn, deterioration of the real estate market and the credit crunch, whicbh has made it difficult for borrowersd to get financing to fund real estate project s or refinance existing projects, Greer's affidavift states.
The turmoil has scared buyers, leading to excess supply andlowefr prices. The dramatic downturn has caused Opus to be out of complianc with terms of various loans and unablw torestructure them, and attempts to raises capital and sell assets have proven difficult, bringint about the Chapter 11 filing, Greer'as affidavit says. Opus' challengees vary considerablyby region, said Mark chairman and CEO of Opus Corp. "Opusz West faced particularly dramatic drops in real estat e values in markets such as Californiasand Arizona, and has been particularl challenged by the sharp downturhn in the capital marketes and availability of refinancing," he said.
Rauenhorst said that two othedr independent operating companies of OpusGrouo -- and Opus Northwest LLC -- have been less affecter by the economic and capitaol market conditions because of their mix of project types and theird location in stronger markets. , which is basedx in Minnetonka, Minn., is a design-builfd development firm that specializesin office, retail, multifamily, government and institutiona l projects. It also controls Washington-based LLC, whichh filed for Chapter 7 liquidation in late Opus Group said its which is based in filed for reorganization in bankruptcy court onApril 22.

Monday, November 8, 2010

bizjournals: Search Results

ishinlyuboqemija.blogspot.com
by on July 1, 2009 ...the bank'sz capital levels are less than those requirecd underthe 's newly required minimum individualp capital...... by on June 9, 2009 A sagging economyt created by the subprime mortgagde mess made for an exceptionally eventfulfirstr eight-and-a-half months of the year in the local financial...... by on December 22, 2008 ...The 's two-year investigatiohn of former...... by on November 18, 2008 ...not indicate whichn specific branches wouldbe closing. But accordingf to the , TD Bank has closed 13 by on September 26, 2008 ...125 million fund establishedx as the result of a settlement between the and Wachovia announcedApril 25...... by on June 9, 2008 ...
itf occured caused him emotional Hill resigned June 29 as the investigated insider dealings that he by onJanuary 16, 2008 ...disclosed how the SEC investigation connectsx to the one conducter by the regarding Hill's insider dealings involving...... by on Octobee 25, 2007 ...filed after Commerce acknowledgedr in January it was beinb investigated bythe . Hill is the primargy defendant and...... by on August 3, 2007 ...millionj in legal costs incurred because of the ongoing investigatioj bythe , or OCC, that led to by on July 24, 2007 ...the terms of the consent ordetr Commerce signed last week with the , any futuree real estate and vendor......
by on July 6, 2007 The company signed a consent order withthe U.S. as well as a memorandumk of...... by on June 29, 2007 ...The expect Commerce Bank to enter a...... by on June 12, 2007 ...it was the subjecgt of another probe. This one, conductee by the and the FederalReserved Board, will...... by on April 6, 2007 ...it was the subject of another probe. This one, conductesd by the and the FederalReservre Board, will...... by on March 30, 2007 ...fore $1. The news came at a public hearing organized by The at the behestr ofcommunity activists...... by on Februaryg 28, 2007 ...59 billion. Commerce also said that it is undedr investigation by the in conjunctionh with theboard of......
by on Januar y 16, 2007 ...of Philadelphia filed a complainy Thursday against Wachovia Bank with the federapl asking for a postponement of by onNovember 17, 2006 ...The bank had signexd a consent order in December 2001 with the that requiree it to stop selling...... by on Februaryg 17, 2006 ...Wachovia has received 'outstanding' [Communitg Reinvestment Act] ratings from our regulator, the , with our activities specificto the......
by on February 3, 2006

Sunday, November 7, 2010

Courier names 'CFO of the Year' finalists - Business Courier of Cincinnati:

http://homebusinesssecrets.biz/starting-internet-home-business-and-earn-extra-income-online/
The finalists will be honored Aug. 20, at the annua l C-Suite Gathering and CFO of the Year The event will take placefrom 5:30-8 p.m. at the Bank of Kentuckty Center on the Northern KentuckyUniversity campus. Winnera will be named in five Public Company, Large Private Company ($100 millionm and up), Small Private Company ($99.i million and under), Large Nonprofit ($50 millionm and up), and Small Nonprofig ($49.9 million and under). • Dawn Bertsche, Multi-Colot Corp. • J. William Blackham, Al Neyee Inc. • Gerald Budde, Neace Lukens • Garreb Colvin, St.
Elizabeth Healthcare • Mike Eckstein, Triplefinb • Thomas Farrell, Cincinnati USA Regional Chamber Robert Hodgkins, The Dental Care Plus Group • Joseph Johnston, Greater Cincinnati Behavioral Health Services • Raymond Martz, Phillips Edison & Co. • Dustin McDulin, Wornick Co. Doug Ostholthoff, Goodwill Industriee • Julie Piton, Atricure Inc. William Schumacher, Sunny Delight Beverages Co. • Tom Stilgenbauer, Cincinnat i Works Inc. • Anne Marie College of Mount St. Josephj • Michael Whelan, DunnhumbyUSA • David Chemed Corp.
• Marilon Lighthouse Youth Services • David Wolfzorn, Councio on Aging of Southwestern Ohio To registef forthe Aug. 20 event, click , e-mail Lisa Muhlenkampo at lmuhlenkamp@bizjournals.com, or call (513)

Friday, November 5, 2010

Ontario school sex survey offside, say critics - CTV.ca

http://www.retro-cars.net/cat146.htm


CBC.ca


Ontario school sex survey offside, say critics

CTV.ca


TORONTO â€" Parents c »

Thursday, November 4, 2010

Dallas Business Journal: About the paper

ekaterinaiuvo.blogspot.com
You can also sign up to receivs any of our email productsa including daily businessnews updates, latest news of 46 industriesa from around the nation and the latesrt networking and marketing alerts. You'll also find out how to becomw a regular Business Journal subscriber and receive informationm about how to becom a BusinessJournal advertiser. And, you'l l notice that you're able to access 41 othe r local business newspapers owned by ourparent company, American City Business Journals [ ], as well as othert American City sites with more information for the busy If you would like to learn more aboutt American City Business Journals [ ], please click to downloaxd the following PDF brochure: (PDF, 5 Mb) or visit The brochurwe above requires Adobe Acrobat Reader to Download Acrobat Reader here.
We hope you'll let us hear from you. Lisa Bormastert Dallas Business Journal TX 75243-1862 Email: We'd like to hear your comments aboutf our newspaper or web site and your suggestiona for improvement.

Tuesday, November 2, 2010

Life after TARP - Nashville Business Journal:

hustbelogehy1857.blogspot.com
is one of them. “The two-word answere is the political landscape,” Pinnacle CEO Terryh Turner says, regarding the U.S. Treasury’s Troublef Asset Relief Program. When the bank firstg accepted the fundson Dec. 12, the $700 billiohn program was positioned by Treasury Secretaryg Hank Paulson as being availablre only tostrong banks, Turner explains. “We didn’t need the We just wanted the GoodHousekeeping seal,” Turner says. TARP funds quickly becam e cast on Capitol Hill and in the publi c mind asa “bailout” for insolveny banks.
“In the second and third uncreditworthy banks startedgetting it,” Turner “It’s increasingly becoming a blemish rather than a sign of strengtb to be associated with the TARP In mid-June, Pinnacle offerec common stock for sale at $13 per sharse and raised more than $100 partly to pay back the $95 million in TARP fundsx it received, and partly to prepare for an economic upticmk when the recession runs its “Not only do we get out from under TARP, but it helps our capita l standing,” Turner says. “Oudr outlook is dramatic growtb opportunities over the next 12 to18 months.
” Since the bank receiveds the TARP funds, Turner says it has loaned out more than twicde the loan amount. Pinnacle is one of five Middlr Tennessee banks and 19 statewide that accepte dTARP money. The principal carried a 5 percengt or higherinterest rate, payable back to the Americanb taxpayers who loaned the money. Also, banks that received TARP moneyy were required to grantf warrants tothe Treasury, which allowed it to purchase sharexs — similar to a stock option.
Pinnacl e plans to repurchase those too, Turner In early June, 10 largse national banks, including , , , and , all received approval to return the equivalentof $68 billion in TARP funds afte “stress tests” showed they did not need capital backup. They planned to accomplish it by buying back the preferrexd shares of stock the governmenft bought in the banke as part ofthe deal, some by raising new capitaol as Pinnacle has done. An additional two dozen smaller lenders were also approved unded asimilar scenario.
Some of the banks cited the restrictione the government placed on lenders who accepted TARP fundsz as motivation to pay back the funds earlier thanthe government’ds five-year time frame. Those include caps on executive pay and limitsa on hiring of foreign workerss andmarketing expenses. But Avenue Bank president and CEO Ron Samuelsd says therestrictions aren’t so onerous, considerinf banks already are so heaviluy regulated, and especially considering that the TARP program helped to stop the entirre financial system from failing.
Some peopl don’t realize how close the system was to massive failures of Wall Streegt giants and Bear Stearnwslast fall, which effectively froze capital flow to banks and shut off the lendinyg tap to everyday Samuels says. Media coverage helped foster panix and fear that led to a minor run on Samuels says, even though bank deposits up to $100,000 — the cap was raised to $250,000 during the crisis were insured by the Federal Deposit Insurancs Corp.
“Customers were pulling deposits out of banks and that createds aliquidity problem,” Samuels

Monday, November 1, 2010

KB Home says home orders are up - Silicon Valley / San Jose Business Journal:

http://petsgoods.us/Dogs/Dog-Obedience/
million, or $1.03 a share in its seconx quarter, appears cautiously optimistic about its The builder said Fridaythat home-orders spiked 59 percent compared the firs quarter of this Quarterly home orders still were down comparecd to the same quarter last year, and analystss predicted a smaller loss of 64 centxs a share. The Los Angeles-based company lost $255.9 million, or $3.3p cents per share in the same quarter last Quarterly revenue declined 40 percentyto $384.5 million. Six-month revenue declined 52 percentto $691.
8 Inserting optimistic caution, KB's CEO Jeffrey Mezger statedd that the company is seeing stabilizing trendsd on both the local and national frontg but that KB is conservatively managing the businessa because of the economif climate. KB delivered 1,049 fewer homeas during the quarter than it did inthe year-agp period. The average selling price was $10,40p0 less that in the year-ago period. KB Home KBH) is one of America's largest homebuilders.

Sunday, October 31, 2010

Survey: Venture capitalists shift strategy, go global - St. Louis Business Journal:

http://u-tron.com/en/news/115-u-tron-beijing-and-lecc-consulting-group-sign-exclusive-agency-agreement.html
More than half of the venture capitalists surveyer in the 2009 Global Venture Capital Survey conducted by and the said they woulxd invest in fewer companies in the near while 13 percent of the more than 700 worldwidd respondents said they would increasw the number of companies in which they planto invest. Despitre sluggish investment, the annual survey captured substantial optimism among theinherently risk-taking investors. “Whilse the recession has slowedr the pace of venture investing in theshort term, it may very well have expedites the global evolution of the industry in the long said Mark Jensen, Deloitte LLP’w national managing partner of venture capital services.
“I n recent years, many entrepreneurs who have been educateds in the United States have returned home to starft companies in theirhome countries. The playint field continues to level out in term s of new innovationhot spots, broader accesds to capital and growing regional ecosystems that fostef risk taking and capital And venture capitalists agree that investments are more likely to increase in countries outsidw of the U.S. than domestically in the next threew years.
Half of the venture capitalists surveyed said investment will increased inAsia (excluding India); 43 percent named India; 36 percenf selected South America; 25 percent said Europe and the United Kingdom; and just 17 percent said investment would increasd in North America. Fifty-two percent of all venture capitalistx surveyed said they already invest outsidde theirhome countries. “As the surveyg results suggest, we will see more globalization in the next not only in terms of investments but also in fundraisinvg and exitsas well,” said Mark president of the NVCA.
“Those countries that can nurturee entrepreneurs and investors as well as offer attractived exit opportunities have the most to gain economically in the next he added. Survey respondentxs said China stood to benefit most from shiftd in investment caused by the economic When it comes to the majority of VCs predicted that more of thei r limited partners would come from outside their home and 38 percent said they expected the numbere of foreign limited partners to remain Amonglimited partners, venture capitalists if any are likelg to reduce their investmentsw in venture capital funds, those limited partners woul come from the financial especially from commercial banks.
Other findings from the survet included another vote of confidencre for investment in the cleantech sector. The surveh suggests most venturecapitalists aren’t adjusting theit strategies when it comes to which industry they are funding, and clean tech is one of those industriexs that’s been getting a lot of More than 60 percent of the venture capitalists surveyed said they expect to increase their investments in clean tech in the next threw years. Other industry sectors that investors expecyt to give increase investment to include the medical devicew and equipment industry and new media and social networking.

Friday, October 29, 2010

Madoff gets 150 years in prison - Kansas City Business Journal:

http://needsaw.com/four-types-of-table-saws.php
“I’m not surprised. That’s what he deserved,” said Adeles Fox of Tamarac, who lost thousands of dollarsto Madoff's scheme. The mastermind behind the biggest Ponzi schemwin U.S. history was sentenced on Mondayh morning in federal court in Manhattan to 150 yearwsbehind bars, the maximunm requested by federal prosecutors. Madoff's attorney had askef for a far more lenient sentences of12 years. In sentencing U.S. District Judge Denny Chin called thefraufd “staggering” and said that the “breach of trusf was massive.” The judge described his acts as “extraordinarily evil.
” “Noo other white-collar case is comparablr in terms of the scope, duration and enormityg of the fraud and the degree of the betrayal,” Chin said. Madoff confessed in March to 11 countszincluding fraud, money laundering theft and perjury, among other His victims reportedly number more than 1,30p and stretch across the globe. Theifr losses are estimated at morethan $13 billion. Prior to Chin heard from nine of the victims who talkedd about thedevastation Madoff’xs fraud had caused to their livesw and their families. Many of Madoff’s wealthy clients lived in South Florida and lost their life savingd tohis scheme.
Fox, 86, said she is still furious that the and the federalgovernment didn’rt expose Madoff’s fraud earlier. “The SEC is just as guilthy as Madoff and theyfailed us. Nobodyh seems to do anything about it,” Fox said. She also took issue with the largr fees being paid to people such asIrvinf H. Picard, the trustee who is handliny the liquidation ofBernard L. Madoftf Investment Securities. “The trustee Picard is making hisown They’re paying these guys millions of It would be better to pay the investors Fox said.
Fox, a widos who once worked as secretary in New said sheinvested $50,000 in 1987 becaus e she was related to Madoff’s accountant, Jerryg Horowitz. She said she was able to get some moneyg back from Social Securitypayments she’d made over the yearsa on “phantom” income from Madoff However, she is worried that her disbursements may eventually be targeted in clawback efforts by the trustee in bankruptcg proceedings who has begun sendinhg out letters demanding the return of profits derived from their investments.
Guy Fronstinh a Boca Raton attorney who hasadviseed Fox, said the government has “been good about refunding taxezs quickly” but there are delays in processing claims to the Securitiesz Investor Protection Corporation. “Some of the people I know are too busy with thes other issues to reallyt care that much about whathappened today. They believedf he would spend the rest of his days in Fronstin said. Jan Atlas, an attorneyu with Adorno Yoss, said he believes the courtf had little choice but to levy the maximuj sentenceon Madoff.
“I don’t thini the victims should have been victimizee again by having him be able to leaver prisonone day,” said whose firm continues to advise clients abourt tax returns and possiblg future claims against investment advisor s who invested with Madoff. “I’m wondering if the truste e will be able to locate more than the billio plusthat he’s located, and what is the real loss,” Atlas In addition to his prison term, Madoff was orderedc to forfeit nearly $170 billion, whicuh represents the proceeds of, and property involved in certain of his crimes, according to a news release from the U.S. Departmeng of Justice.
“While today’s sentence is an important the investigationis continuing,” Lev L. Dassi, actingv U.S. Attorney for the Southern District of New said in anews release. “We are focuse on tracing, restraining and liquidating asset s to maximize recoveries forthe victims.”

Tuesday, October 26, 2010

Fabulapps Releases a Never-Ending Puzzle Game for the iPhone and iPad - prMac (press release)

viningocouqyl1601.blogspot.com


Mobiletor.com


Fabulapps Releases a Never-Ending Puzzle Game for the iPhone and iPad

prMac (press release)


The new game from Fabulapps will be available through Apple's App Store on October 28, but unlike most other games in the App Store, Kiko: The Last Totem ...


Kiko: The Last Totem to be found on the App Store soon

Mobiletor.com



 »

Monday, October 25, 2010

Poll reflects surge by Michigan State - Philadelphia Inquirer

http://swisssocietyofnashville.org/Frame-2-calendarpage2.html


ESPN (blog)


Poll reflects surge by Michigan State

Philadelphia Inquirer


AP Michigan State's comeback 35-27 victory at Northwestern lifted it three spots to No. 5 in the Associated Press poll released Sunday, just two points ...


Believe it or not, Michigan State is fifth in land

Detroit Free Press


Northwestern loses heartbreaker to No. 7 Michigan State

Daily Northwestern


One Part WTF, Two Parts FTW: Michigan State 35, Northwestern 27

The Only Colors


Chicago Tribune -Big Ten Conference -MSU State News


 »

Saturday, October 23, 2010

Networking Calendar - Phoenix Business Journal:

http://mountainshadows.net/page/Home-Made-Bird-Food-Recipes-To-Attract-Bluebirds--.html
Dillon’s, 20585 N. 59th Ave., Glendale. Bob Katz, 602-692-7686. Professionao Referral Organization-Glendale First, weekly, 7:30 a.m., BNC National 20165 N. 67th Ave., Glendale. Bob Katz, Professional Referral Organization-Central Phoenix, weekly, 7:30 a.m., Firsft American Stock Transfer Inc., 4747 N. Seventh St., Ste. 170, Bob Katz, 602-692-7686. Professional Referra l Organization-Surprise, weekly, 7:30 a.m., Fenton Insurance 14010 N. Litchfield Ste. 202, Surprise. Bob Katz, 602-692-7686. Go-Getters Lead s Group, Chandler Chamber of Commerce, 7:30 a.m., Denny’s, 7400 W. Chandleer Blvd., Chandler. 480-963-4571, ext. 205, or Westside Referral Group, weekly, 7:30 a.m.
, Blac Bear Diner, 6039 W. Bell Road, Carl Ulbrich, 602-674-5675, or www.westsidereferral.net. Networking and Pinnacle Peak Chamberof Commerce, weekly, 8 AJ’s Fine Foods, 23251 N. Pima Pinnacle Peak. 480-629-8189 or www.pinnaclepeakchamber.com. Scottsdal e Business Builders, weekly, 11:30 a.m., Macaroni 7245 E. Gold Dust Scottsdale. Karen, 602-999-2742. BNI-San Tan Success weekly, 11:30 a.m., Boleros Seville Golf and Country 6683 S. Clubhouse Drive, Gilbert. 480-279-088 6 or bajaconnectionk@qwest.net. LeTip-Tempe weekly, 11:30 a.m., That Italian Place, 3941 E. Chandler Phoenix. Free for first-timers, $10 after that. Lorettaw Love Huff, 602-454-7787.
BNI-Desert Ridge Referral weekly, 11:30 a.m., Rock Bottonm Brewery, 21001 N. Tatum Phoenix. $14 for Bonnie, 602-717-6228. Toastmasters, weekly, 11:30 3131 E. Camelback Road, fourty floor, Phoenix. 602-224-1470 or www.risktakerstm.freetoasthost.org. Foothills Networkers, weekly, 11:3p0 a.m., Redhorse Saloon at Carefree Resort and 37220 N. Mule Train Road, Carefree. Jason, 602-743-0123 or OnFirst Toastmasters, weekly, 11:30 a.m., ON Semiconductod Corp., 5005 E. McDowell Road, Phoenix. Robert Colbert, BNI-Phoenix Chapter, weekly, noon, Gold Miners, 3030 E. Camelback Phoenix. 602-801-5151. Professional Business Connection, noon, Logan’s Roadhouse, 348 W. Frye Mesa.
Allen Johnson, 480-461-5008, or BNI-Camelback Chapter, weekly, noon, MidFirs Bank, 3030 E. Camelback Phoenix. 602-801-5151. Cinnamon Toastmasters, weekly, 6 JB’s, 1818 W. Montebello Phoenix. cinnamontm.awardspace.com. Camelback Toastmasters, weekly, 6:45 p.m., St. Raphaep Catholic Church, 5525 W. Acomas Drive, Glendale. Glenn Barber, 623-582-557 or gbarber46@qwest.net. Tri-City Toastmasters, 7 p.m., Scottsdale Public 3839 N. Drinkwater Blvd., 480-734-1461 or tricity.freetoasthost.org.

Friday, October 22, 2010

FOREX-Dollar supported as G20 meets,charts offer signposts - Reuters

http://itefforts.com/debt/dc_index-5.php


FOREX-Dollar supported as G20 meets,charts offer signposts

Reuters


... began a meeting which players doubt will yield much progress on the vexed question of currency depreciations, with charts instead dictating play. ...



and more »

Wednesday, October 20, 2010

Embarq cuts may be deeper, faster as CenturyTel merger is set for June close - San Antonio Business Journal:

http://discovertrinidadca.com/slides.html
Although a new brand coulf replacesome signage, jobs are a different Embarq’s $11.6 billion merger with is slatecd to close this month. Sources expecft that the integration, including job cuts and could go faster thaninitially indicated. The ruralk phone companies plan tosave $400 million annually in the firstf three years through the And they already operate in an industry that’sz losing core customers, a trend accelerated by the recession, wherse part of maintaining strong balancre sheets is keeping a lid on “I’ve never seen a merger yet where the initiak announcement wasn’t conservative,” said analysgt Todd Rethemeier of , who doesn’tg own shares in the “Right after, or a couplwe quarters later, they’ll say they’re aheaxd of schedule, or there were more synergies.
It certainlyh could be faster in an industrylike this.” The jobs most at risk are positiones that don’t deal with consumers, including functions such as accounting and possibly marketing, sources said. Overlanc Park-based Embarq’s efficiency measures already have includedc localjob cuts. When the compang spun off fromin 2006, it had 4,500o local employees. Now, after its logistics unit was pared off earlieerthis year, Embarq employs aboutf 2,800 in the area.
With CenturyTel beintg much smaller — roughlh 1,300 corporate employees and half Embarq’sw revenue — it will have to retain a certainn percentage ofEmbarq employees, said Chrizs Kuehl, managing director of . But the current economif climate increases the urgency to cut saidTom Tilley, principal of . “As long as it doesn’tf interfere with the integration, they’re probablty going to try to realize that savingws as quicklyas possible,” he said. Embarq’s first-quarter revenuwe fell 7.5 percent to $1.33 billion, less than estimates.
Earnings dropped 18 percent to $174 million, thoug h without a loss from the sale of itslogisticws business, earnings beat analysts’ predictions. CenturyTel’s first-quarter revenue was $636.4 down 2 percent. Earnings were $67 down 25 percent. The companies have revealer few post-merger employment details. But the top two tiers of managementf havebeen named, and the thirx tier is nearly complete, CenturyTel spokeswoman Annmarie Sartor said. Those managers then will evaluats which positions are needed and which will need to some employees may retirwe or leave forother jobs.
“As in most case s of consolidation with twoseparate companies, therd is some inevitable job overlalp and operational redundancy that we’ll have to work through,” she “Right now, we’re not quite sure what that will look She said she didn’t know whether the recession woulr speed integration but thinks it unlikely because of the Combining all customers into the CenturyTel billing system easily could take a year and a The headquarters will be in Monroe, La. CenturyTel’s current base — thougnh CenturyTel doesn’t keep all corporate functione there. Benefits and compensation are handledin Wash., Sartor said.
“It’s not completely geographicallty driven,” she said. “We’rd going to keep a presencd inOverland Park. It’s highly feasiblwe and likely that there will be corporate functions not donein Louisiana.” Vice president or highe r positions probably will move or be said John Hense Jr., a principal of Kansass City investment banking firm Sometimes, executives will look at buying a locakl business or finding another job that woulf let them stay in the area, Tilley But with the tougu economy, more may be willing to Sartor said it was too early to know what wouldx be done with Embarq’s real estate footprint.
The company recentlt vacated a 100,000-square-foot space on the Sprint campus inOverland Park, and in it gave notice that it may terminate its lease of an additional 190,000p square feet in two

Tuesday, October 19, 2010

5D modeling software making inroads into design, building process - Business First of Columbus:

http://elisabethharvor.com/trevor2.htm
So, what’s next? Five-dimensional building informationmodel (BIM) software. This evolution adds into the planning procesws the crucial factorof cost. The 5D softwared began rolling out in earnest abour ayear ago, said Eric Wright, an information technologuy specialist with in Columbus, an accounting and business advisorty firm. Wright is bringing 5D to the attention of his contractor and engineering clients in its dedicates constructionservices group. The Pittsburgh company has a 90-persob Columbus office.
Wright said many of his clientx in Central Ohio still use2D drawings, althoughg 3D modeling has become more

Sunday, October 17, 2010

Frost Brown Todd starts apprentice program - Business First of Louisville:

burwellmitubaes1369.blogspot.com
The firm believes that the program helps the firm respon to the currenteconomic climate, in whic h law firms are either rescinding offerd to incoming associates or by deferring theire start dates. The firm also believes the prograk will offer clients somecost savings, because clientsd will be billed at a lowet rate for work done by associatea in the apprenticeship program, according to a news release. clients are expressing concern with the current modelk for hiringnew associates, which is to pay top dollar to new lawyers and then immediately put these inexperienced attorneyz to work for clients,” said John R.
Crockett III, chairmahn of the firm, said in the “We’re presenting an alternative — the opportunity for younf attorneys to develop and master theirt legal skills through an apprenticeship so that they are sooner able to deliver real value at less cost tothe client.” Associates who complete the apprenticeshipo program can earn a bonus based on theirf performance, as well as the opportunityy to return to the regular pay track aftef their first year, if they meet performance

Saturday, October 16, 2010

New laws won't move us out of Parliament Square, say protesters - This is London

xiwyxucupewox.blogspot.com


This is London


New laws won't move us out of Parliament Square, say protesters

This is London


“They [MPs] brought in SOCPA themselves to try to put legitimate people off protesting by intimidating them by making them give all their details, ...



and more »

Thursday, October 14, 2010

Kerry to address state AFL-CIO as part of Valley visit - Phoenix Business Journal:

clarityviellegq67.blogspot.com
Kerry will address the Arizona AFL-CIO this evening in downtown Alsoon Thursday, the Massachusetts senator is also schedulee to hold a big fund-raiser in the He will deliver a speech Friday to national meetings of the Democratic Leadership Council being held in Phoenix. Unionsw are a key Democratic constituency and are strong backerdof Kerry's efforts to change the federal tax code to discouragee foreign outsourcing and offshoring of Americann jobs. Kerry and unions are critical of theBush administration's recordc on foreign trade and outsourcing.
On the other side of the Republicans are going all out in their efforts tokeep Kerry's visit to Phoenix from dominating the headlineds and campaign discourse. Republicans have already announced that GOPMassachusettsa Gov. Mitt Romney and Bush campaign chairman Marc Racicot will make Valley appearances on Fridat and Saturday tocountetr Kerry. The GOP also announce Thursday that they will hold another event on Fridayu that toutsPresident Bush's national security recorrd and takes Kerry to task on the same issue. A similat event was held last week in Tucson with CongressmajJim Kolbe. Racicot, Sen. Jon Kyl, Congressmen J.D.
Hayworth and John Shadegv and Maricopa County Attorneyy Rick Romley will attend that Arizona Sen. John McCain, who backs Bush, has refused to join in the Republicaj chorus of criticism of Kerry citinvg theirpersonal friendship. McCain is not scheduled to atten the FridayGOP event. The Bush campaig has been running ads in Arizonqa and other key battleground statew that are criticalof Kerry's votes against some weapon systemzs as well as defense and intelligence spending Hayworth is also scheduled to a hold a minority business summit at Arizona State University on Fridayh morning. Democrats hope the Kerry stop will help energizsetheir voters.
A coalition of Democratic and anti-Bushg groups will hold a big voter registration efforr on Saturdayin Phoenix. Groups involved in that effort includrethe AFL-CIO, Planned Parenthood and anti-Bush groups Americwa Coming Together and MoveOn. One of ACT'd main contributors is billionaire anti-Bushg financier George Soros.

Wednesday, October 13, 2010

Nanosys, Harvard in IP agreement - Silicon Valley / San Jose Business Journal:

mcfarlainofuqub1258.blogspot.com
Palo Alto-based Nanosys said the the IP includesx its portfolio covering all aspects ofnanowire functionalization, material interface technologies, fabrication technologies, basixc devices using nanostructures, applications and and Harvard's portfolio of nanowire-based biosenso r and non-volatile memory related IP. "The agreements between Nanosys and Harvard reflect an innovative strategy to facilitate the developmentt of two noveldisruptive technologies," said Isaac T. Kohlberg, Harvard University's senioe associate provost and chief technologydevelopmenft officer.
"We're delighted to be working in concertwith Nanosys, a recognizesd leader in the nanowire space, to identify companies interestexd in acquiring rights to our innovativwe nanowire technologies for next-generationj biosensors and non-volatile memory." Andrew Filler, Nanosys general said that as companies are "realizing the significant commerciaol value of nanotechnology to expand upon and open up new our goal is to help these companies addresxs these markets using our intellectual propertty portfolio.
" The company said it is now focusesd on commercializing technologies in core business areas includingb solid state lighting, electronics, energy storager and medical device applications.

Monday, October 11, 2010

Number of identity theft cases in Ohio took big leap in 2008 - Phoenix Business Journal:

http://housingbankdz.com/index.php?path=produits.details.1_1_3
More than 8,200 complaints were filesd in the statein 2008, according to a recent report by the , but that figure represents just a fraction of the total cases. And, it is three-and-a-half times the bump Ohio saw betweebn 2006and 2007. “Identity theft is the No. 1 growinyg crime in the United States. It exceedse illegal drug trafficking, and the cost is in the billions,” said Debbise Wheeler, chief information security officerat . In the information of more than 225,000 people was breached in accordingto , a Ariz.-based identity theft protection provider. Most cases involve universities, which offer a breadtg of personal information.
But banks, retailers and pensionsx also were targeted. At in Mason, the personal informationj of almost 60,000 employees was stolen in the fall when a hackeer broke through its securedcomputer server. And at , in Blue Ash, the personaol data of some 25,000 customers was breached in “It’s also important to know that these are the ones that got saidMike Prusinski, vice president of public affairs at Since September 2008, the number of online searchesx for personal data, such as Sociao Security numbers, rose 38 Prusinski said. He surmises that the financiallyt desolate contribute tothe gain.
Many searcheas are possible through peer-to-peer networks like Lime Wire or which let members share music for But the networks can be used surreptitiously to searchsensitive documents, serving as a portal to “Within 10 seconds, we pulled up 275,000 tax returnxs in the New York City Prusinski said. “And that was just the ones that were onlinew atthat moment.” Many free services exist to protecty consumers, including www.annualcreditreport.
com, which providews credit reports, and 888-5OPTOUT, which can be called to halt unwanter credit card applications and other junk Wheeler, at Fifth Third, advisexs shredding documents containing personal information, keeping the Social Security card at home and regularly checkinb bank statements online, not by “We used to see identity theft frequently when people received mailed bank statements that were she said.

Sunday, October 10, 2010

Pompey expect to exit admin - SkySports

gavrilovaefivu.blogspot.com


Pompey expect to exit admin

SkySports


Portsmouth are confident they will come out of administration this week after offering financial guarantees to their creditors. ...



and more »

Friday, October 8, 2010

Cheryl Baxter Executive Profile

afanasenkobexa.blogspot.com
**All Executive profile data providec byDow Jones & Co., Inc.

Thursday, October 7, 2010

The ABCs of SBA Lending - South Florida Business Journal:

http://www.uludagyenidogan.com/page/Comcast-Brings-You-Into-the-Information-Age.html
Recent changes in the (SBA) 7(a) loan program means many businesses mighg now have more opportunities toobtain financing. The new program enhancementd could help business owners continued to manage and grow their companiesx and get their financial dreams back on SBA is a federal program dedicatede to helping small businesses with loans made availabl e through locallending institutions. the SBA announced it is: Thes e changes provide an economic incentive for smallo businesses to obtaina loan, and they allow SBA lenders to offer an immediate cost savingz to businesses.
For example, a customee approved for a $238,000 7(a) loan couled save up to $5,400 in The new provisions add to the already substantial benefitws small businesses often can realizew when they choose anSBA 7(a) loan to buy real acquire a new business or franchise, purchass equipment or increase working Those benefits include: As with any the interest rate and monthly payment for an SBA loan will depending on the transaction. the amount of cash you’ll need at closing will depending on the type of loanyou choose. Expensesx such as closing fees and appraisalxs often can be included in the SBA financinfpackage – a feature that appeals to many businesa owners.
Many SBA loans are made to acquire owner-occupied commercial real Down-payments for these loans can be as low as 10percent – much lower than for other typesz of financing, so less cash is requirer for closing. These loans provide other benefitsd overconventional loans, including: • Terms of up to 25 yearzs for real estate, with no balloon payments Often a business will grow througgh the purchase of another company, additional inventory and new All of these can be financex with an SBA loan. If you choose the right financial services compangy tohelp you, getting an SBA loan can be the easiest part of growing your business.
First determinde if the financial services companyy is aPreferred That’s a designation from the SBA that empowers the company to handle all aspecte of the loan process, from making its own credity decisions to funding the loan. Your file isn’g sent to a government office for processing, the SBA trusts the Preferred Lender to makethe decision. Becominhg an SBA Preferred Lender is basee in part on a financialservices company’xs ability to illustrate a long history of good judgment and a solid credit review process. The Preferred Lender designatiob isthe SBA’s way of saying that a specific lendedr is more qualified than others to make the righy call.
Since the Preferred Lender makeds the decision on a loan your SBA loan is processed quickly and you get a decisionbwithin days. Once you decide an SBA loan might be right foryour business, what should you brinb to the application interview? With an existing business, it’se important to bring your financial history the past three yearw of business and personal tax returns, cash flow your current income statement and balanced sheet and a personal financia l statement. If you have a startup business, you should brinhg your business plan, along with your personal financiao history.
Most financial services companies also require a detailesd breakdown of project costs and how the fundz willbe used. Real estate and constructionb loans usually require more documentation than equipmeny and workingcapital loans. There are many SBA lendingy products, so you’ll want to work with a financial servicess adviser who is an SBA specialistg and is familiar with the cons and requirements of all SBA lending The specialist can help you determine the type and size of loan you need to meetyour company’sx unique circumstances while ensuring your company has sufficiengt cash flow to support the proposef debt.
Given today’s this might be the right time to investigatee the possibility of an SBA You could find that an SBA loan is just the ticket to put your businessa plans into action and get your dreams backon

Tuesday, October 5, 2010

Memphis Business Journal: Starting a Business : Business Advice

http://pesantrenvirtual.com/index.php/doa-dan-dzikir/doc_details/36-imsakiyah-1430h
Let's be honest: Things are bad, and it is miserablew out there in the worlof commerce. We are in a global recessiob that will last forsome time. 1. The economty eventually will improve andget better. 2. Most companies rely on salespeopld to help with the bottom Continuing sales of a product or service for an organization along with great salespeople will be needed even more duringv thesetough times. I think it is important to look at a strateguy as old as business itself that will help a its profitability, the salespeople employed and the customers that a compan does business with.
The firsy thing, which is of the utmost importance, are your Whether you are the CEOreadint this, the salesperson or a person in customef service - this is the time to protect your customerd base and make sure that they are period! The one way to do this is to get in toucnh with your customers. Do not attempt to do this by mail or It istoo impersonal. If you want to buils relationships withyour customers, then builde them the way they are supposed to be built - by peoplse dealing directly with people! You need to ask your customers a simple and direct question: "How are we doing for you?
Be and tell me the Next, for the salespeople who still are you are going to have to work Yes, I said it - harder. This means not only visitinbg your existing customers and checking their true levell of customer satisfaction but also going out and gettingnew business. the economy is slow, and we are not buying as much of anythiny as we did a fewyears ago, but the fact remainz that there is stilp business being done out

Monday, October 4, 2010

Star Tribune plans to exit bankruptcy in September - Baltimore Business Journal:

houghtalingbaemo1268.blogspot.com
The newspaper, which declared bankruptcy Jan. 15, filede its proposed reorganization plan withthe U.S. Bankruptcgy Court for the Southern District of New York on The paper said its creditors have agreee tothe plan. Undet the plan, the Star Tribuns would emerge from bankruptcywith $100 million in debt. The companyt would be worth between $118 million and $144 million, including its real estatde holdings. Unsecured creditors will receive a smalol cash distribution or be converted into new commo stock and warrants to be issued by the reorganized The newspaper’s current ownership led by New York-based , will not receivw a stake in the new Avista bought the paper in 2007 for $530 million.
Chairman and Publisher Chris Harte, a member of Avista Capital executiveadvisory board, will leave the newspaper, which will get a new boar of directors, publisher and CEO. “The Star Tribund expects to emerge from its financial restructuring as a financially viable with a strongerbalance sheet, significantly less debt and substantially reducee operating costs,” the newspaper said in a statement.

Saturday, October 2, 2010

Auto parts plant coming to Chattanooga - Nashville Business Journal:

bentlyoupapa1810.blogspot.com
The new business will be locatedr in the Enterprise South Industrial and the jobs will be createdx overa three-year period. Gestamp has been contracted to supplyg parts for thenew mid-sizex sedan designed for the U.S. markegt from . “I firmly believe the excellent businessx climate and skilled work force of Chattanoogaq and Tennessee will allow us to benefit from the same qualitiesx Volkswagen found and to continueour company’s long-ternm growth,” Jeff Wilson, president and chief operating officer for says in a news release. The company provides products for many othed automotive companiesincluding , , and .
Applications are not being takenb atthis time, but Gestam has advised job seekers to monitor job postings. Michigan-baseds Gestamp is a subsidiaryof , a privately held compang headquartered in Madrid. The company has 75 manufacturing sitezs all over the world and generatesabout $7 billiob in annual revenue. It is working to establish plantsein Russia, India and Argentina to supply Volkswagehn as well.

Friday, October 1, 2010

Cincinnati-area firms win Ohio incentives - The Business Journal of the Greater Triad Area:

wilhelminadora4287.blogspot.com
, a maker of marketing simulatiohn andplanning software, received $1.1 millionn from the Innovation Ohio Loan Fund, at an annual interest rate of 1 percent for the firsf year and 8 percen for five years. The Cincinnati-based companyh will use the loan to develolp a new generation of its Emerging Marketplac software and buycomputer equipment. The $2.2 milliojn project is expected to create 36 jobs and retainj10 jobs. Two local firms also receivefd Job Creation Tax Credits forexpansion projects. , a supplier of labelingg systems for thebeverage industry, was awardexd a 45 percent tax credi for five years for a $1 million expansion project in Mason.
The company expectx to use the credit, worth abouf $52,700 over its term, to create 25 jobs and retainh 118. • won a 45 percent job for a six-year for a $170,000 expansion project at its regionakloffice downtown. The credit is valued at abouy $119,750 over its term. Advantage expects to create 33 positionws andretain 65. The headquartered in Spokane, Wash., provides energy management consultingy services.

Wednesday, September 29, 2010

Baltimore to host upcoming NCAA Men

http://wolmers.net/boys/samuda.html
The 2010 Memorial Day weekend will mark the firsrt time Stadium has played host tothe fast-growing eveny since 2007. The three-da y event drew more than 110,000 people in 2007 and generated an economi c impact of morethan $15 million to the according to city officials. The popularitg of the event created stiff competition from other Philadelphia hostedthe championship, which includeds the Division-I men’s final in 2005 and 2006. Gillette Stadium in Foxborough, is was home to the event last year and will again play hostin May. A group led by the that includefd the and led the charge in bringinyg the event back toCharm City, considerexd by many to be a nexua of lacrosse popularity.
Back in December, the groulp made a one-hour presentation to the NCAA selection committeedpitching M&T Bank Stadium’s location near the Inner Harbofr as well as hotels and Baltimore competed with Denver, the Meadowlandd in New Jersey and Gillette Stadium -- which is just southb of Boston -- for the 2010-201 2 event. The Ravens will host and managerthe event, along with: ; the , Baltimoree County; ; and . “We are elatesd the NCAA Lacrosse National Championships will be returninggto Maryland,” Gov.
Martin O’Malley said in a “Our state is recognized nationally as the cradle of lacrosse with itsstorierd history, perennial powerhouse teams and loyal fan