vidineevostegity.blogspot.com
In June 11 memo to Delta's 70,000 CEO Richard Anderson and President Ed Bastianb said passenger revenues droppedr 20 percent in the first four monthasof 2009, compared with the same periosd in 2008. The falling revenues will overtake the morethan $6 billio n in total benefits Delta expected this year from lower year-over-yeart fuel prices, benefits from the merger with Northwest and capacity Therefore, the Atlanta-based carrier will reduce its system capacity by 10 percent comparecd to 2008 starting in September. It also will cut internationalk capacity by an additional 5 percen from what it announcedin March, for a 15 percen t total reduction in international capacity.
These cuts include suspendinyg nonstop service from Atlants to Seoul and Shanghai and instead routint customers for these flights over Detroit or or on nonstop SkyTeampartner flights. And it includex reducing weekly frequencies connecting Atlanta toMexico City. The memo also notedx jobs cuts could be onthe “The additional capacity reductions mean we again must reassess staffingf needs,” the memo said. “While the challengese of the current environment preclude us frommakinfg guarantees, our goal remains to avoid any involuntary furloughs of frontline employees.
” We are all seeing negative impacts from the globalo recession and rising oil prices not only in the but also in our communities and personal finances. the airline industry is not immune. Industry passenger revenues have declined nearly 20 percent in the firs t four months of the year comparee to the same periosin 2008. That trend is expected to continude in the near On topof this, cost pressures from risingb jet fuel prices - up more than 20 percenf since the start of the year - couple d with softer travel demand due to the spreade of the H1N1 virus, have createde a difficult business environment.
Thesw forces that are affectinvg the industry are creating significant headwindssfor Delta. Declining revenues will overtakwe the morethan $6 billion in totaol benefits we expected this year from lower year-over-yeatr fuel prices, merger synergies and capacity reductions. This at an investor conference in New we will announce additional steps to align our capacity withmarket demand, preserve liquidity, and ensure Delta'sx long-term success. This plan includes reducint our system capacity by 10 percent comparedto 2008. Capacitt reductions will beginin September.
In this our merger makes more sense than ever and we will continud to accelerate our as it gives us a competitivr advantage and strengthens our financial We also will maintain tight controls on our costs andcapital spending. Customer demand for international traveol hasfallen significantly. Accordingly, we plan to reduce our internationall capacity by an additional 5 percent from what we announcedein March, for a 15 percen total reduction in international capacity.
This fall's capacity reductionsz will target routes that have experienced losses in the current economic climate and with higherfuel including: Suspending nonstop service from Atlanta to Seou and Shanghai and instead routing customers for thesr flights over Detroit or or on nonstop SkyTeam partner flights. Suspendiny nonstop flights from Cincinnati to Frankfurt and Cincinnati customers will stilol be able to reach these and many othefr international destinations via our otherEuropean gateways. Suspending nonstop service betweenNew York-JFK and Edinburgh.
Reducing weekly frequencies connecting Atlantaa and Detroit to Mexico City and postponing some previousl planned seasonal servicebetween non-hub cities and Mexican beacb destinations due to the impact of the H1N1 viruzs on customers' travel plans. In keeping with our long-ter m business plan, we continue to grow the global footprinft that is a cornerstone of oursuccessful strategy. While we must reduce capacithythis year, our international capacity this fall will stilll be more than 20 percent larger than it was beforse our global expansion began in 2005, and we are addinb more than 20 new markets to our international network in 2009, including: By leveragingf the unique strengths of our network, hub structure and we continue to provided the most travel option s for our customers.
Additional details of networo changes are available on The additional capacity reductions mean we agaih must reassessstaffing needs. While the challengeds of the current environment preclude us frommakinvg guarantees, our goal remains to avoid any involuntaruy furloughs of frontline employees. We will not allow the economy to negativelyt affect our mergerintegration - in fact, the current environmenr gives additional urgency to accelerate our You will see us move more quicklyh to rebrand and consolidate facilities, repaint aircraft and ramp-up our frontlinee training activities.
These are tougjh times and people often ask what they can do to Your most important contribution is to stay focusesd on doing yourjob well. We must all continure to deliver excellent customer run a strong operation and execute ourFlighft Plan. The entire industry is dealing with a difficult economy and risingfuel prices, but no one else has the opportunities and the people to match Deltaa in successfully navigating this crisis. Do what you do and we have no doubt that wewill win. Thanko you for the incredible work you do for our customerseverg day.
Together, we are building a stronger Delta is the seventhlargest commercial-passenger airline at Honolulu International according to the Pacific Business News 2009 Book of
Thursday, December 30, 2010
Monday, December 27, 2010
Saturday, December 25, 2010
Market ends in green on advance tax payments - Times of India
ethelbertdiya3334.blogspot.com
Moneycontrol.com | Market ends in green on advance tax payments Times of India The BSE Sensex rose by 208.81 points or 1.05 per cent to end the week at 20073.66 from its last weekend's level. The S&P CNX Nifty also rose by 62.85 points ... Nifty ends above 6K; ADAG, FMCG, power, metals lead Sensex wipes off early losses, ends 91 pts up; RComm, Reliance Infra shine Sensex ends higher (prov) |
Wednesday, December 22, 2010
Compass Airlines cuts ribbon on Louisville maintenance facility - Business First of Louisville:
http://www.indiawebpost.com/pun970519101458.html
The subsidiary opened the three-bayu maintenance facility in January but held off on the ribbon cutting until key personnelkwere hired, and they “got a little airplane grease under their Compass president Tim Campbell said durinb a news conference. Compass’ 70 employees maintain the airline’s fleet of 36 Embraet 175 76-seat jets. Compass, which was foundede in 2006 as a subsidiar y of NorthwestAirlines Inc., was acquire d by Delta as part of the Atlanta-based carrier’ s merger with Northwest in October 2008.
The jets previously had been service bya third-party aircraft maintenance company, Campbell Compass’ Louisville International Airport facility, locatedx at 5101 Crittenden consists of 42,720 square feet of aircraft hangar 11,416 square feet of office, shop and storage an 80,601-square-foot concrete apron and 33,48p square feet of parking and At the news conference, Va.-based Compass showed off its first jet painterd in the Delta colors. The rest of its fleety will be converted from Northwest Airlines colors over the next Campbell said. At the news conference, Kentucky Gov.
Steve Beshear said the Compass investment, including its $3 million annual “is a tremendous economic achievement in the midst of some prettyy tougheconomic times.” In August 2007, the board grantesd the airline preliminary approval for $2 million in state tax incentivesw for up to 10
The subsidiary opened the three-bayu maintenance facility in January but held off on the ribbon cutting until key personnelkwere hired, and they “got a little airplane grease under their Compass president Tim Campbell said durinb a news conference. Compass’ 70 employees maintain the airline’s fleet of 36 Embraet 175 76-seat jets. Compass, which was foundede in 2006 as a subsidiar y of NorthwestAirlines Inc., was acquire d by Delta as part of the Atlanta-based carrier’ s merger with Northwest in October 2008.
The jets previously had been service bya third-party aircraft maintenance company, Campbell Compass’ Louisville International Airport facility, locatedx at 5101 Crittenden consists of 42,720 square feet of aircraft hangar 11,416 square feet of office, shop and storage an 80,601-square-foot concrete apron and 33,48p square feet of parking and At the news conference, Va.-based Compass showed off its first jet painterd in the Delta colors. The rest of its fleety will be converted from Northwest Airlines colors over the next Campbell said. At the news conference, Kentucky Gov.
Steve Beshear said the Compass investment, including its $3 million annual “is a tremendous economic achievement in the midst of some prettyy tougheconomic times.” In August 2007, the board grantesd the airline preliminary approval for $2 million in state tax incentivesw for up to 10
Monday, December 20, 2010
Deadly weekend: Trucker, others killed in roadway accidents - Salt Lake Tribune
http://www.fourpxarticles.com/home-and-family/home-improvement/selecting-wood-flooring-for-your-home/
Deadly weekend: Trucker, others killed in roadway accidents Salt Lake Tribune The crash was one of several roadway fatalities in Utah during the weekend. A 21-year-old Lynndyl woman was improving Sunday, but remained in critical ... |
Friday, December 17, 2010
Kane the 'face' of NHL video game - Business First of Buffalo:
wilhelminadora4287.blogspot.com
“It’s exciting to be on the cover of my favoriter videogame after playing just my second year as a said Kane in a statementfrom California-basedc EA Sports (NASDAQ: ERTS). “When you look back at some of the greaf players who have hadthis opportunity, it’s an honor to be a part of the EA SPORTS family and contributee to a game I’ve been playing for more than 10 Kane won the Calder Trophy as the NHL’s Rookie of the Year in 2008 and this past seasojn led the Blackhawks to the Western Conference He has scored more than 20 goalsw and registered more than 70 points in each of his first two EA SPORTS also announced that it has signee Canadian junior hockey scoring sensation John Tavares, expected to be the top pick in this weekend’ss 2009 Entry Draft, to promote the release of NHL 10.
Tavarezs will join Kane as spokespersons forNHL 10.
“It’s exciting to be on the cover of my favoriter videogame after playing just my second year as a said Kane in a statementfrom California-basedc EA Sports (NASDAQ: ERTS). “When you look back at some of the greaf players who have hadthis opportunity, it’s an honor to be a part of the EA SPORTS family and contributee to a game I’ve been playing for more than 10 Kane won the Calder Trophy as the NHL’s Rookie of the Year in 2008 and this past seasojn led the Blackhawks to the Western Conference He has scored more than 20 goalsw and registered more than 70 points in each of his first two EA SPORTS also announced that it has signee Canadian junior hockey scoring sensation John Tavares, expected to be the top pick in this weekend’ss 2009 Entry Draft, to promote the release of NHL 10.
Tavarezs will join Kane as spokespersons forNHL 10.
Tuesday, December 14, 2010
Floridians among least obese in nation - Tampa Bay Business Journal:
chauezhelolocu1622.blogspot.com
In the study, “F as in Fat: How Obesithy Policies Are Failing in America compiled by the andthe , 24.1 percengt of Florida’s adult population fell into the obesr range. The Sunshine State ranker 39th in the study ofadulf obesity, about the same as last year. The numbers were worses for Florida children, 33 percent of whom are obese or Forthis measure, the state ranked 17th. Southernn states reported the highest obesity rates inthe study. Eight of the top 10 were in the Soutj with Mississippi inthe lead, followed by Alabamsa and West Virginia. Colorado, Massachusetts and Connecticuyt were among theleast obese. Obesity ratesx are on the rise nationwide.
According to the study, 23 states reportefd an increase in adult No states reported a decrease intheif percentages. In addition, 30 states reported childhood obesity ratee of 30 percentor higher. The studg attributes the increasing rates to several including economic conditions that may result in higheer food prices and increased levels of depressionand stress, which have been linked to obesity. To see the full click .
In the study, “F as in Fat: How Obesithy Policies Are Failing in America compiled by the andthe , 24.1 percengt of Florida’s adult population fell into the obesr range. The Sunshine State ranker 39th in the study ofadulf obesity, about the same as last year. The numbers were worses for Florida children, 33 percent of whom are obese or Forthis measure, the state ranked 17th. Southernn states reported the highest obesity rates inthe study. Eight of the top 10 were in the Soutj with Mississippi inthe lead, followed by Alabamsa and West Virginia. Colorado, Massachusetts and Connecticuyt were among theleast obese. Obesity ratesx are on the rise nationwide.
According to the study, 23 states reportefd an increase in adult No states reported a decrease intheif percentages. In addition, 30 states reported childhood obesity ratee of 30 percentor higher. The studg attributes the increasing rates to several including economic conditions that may result in higheer food prices and increased levels of depressionand stress, which have been linked to obesity. To see the full click .
Sunday, December 12, 2010
Machinists union says Delta interfered in vote - Reuters
clarityviellegq67.blogspot.com
Plain Dealer | Machinists union says Delta interfered in vote Reuters ATLANTA Dec 8 (Reuters) - The machinists union said on Wednesday it filed formal interference charges against Delta Air Lines Inc (DAL. ... Another Unionization Effort Fails At Delta Machinists charge interference after another lost election at Delta Delta's Reservation, Gate Agents Reject Unionization |
Thursday, December 9, 2010
People on the Move: June 22 - Pacific Business News (Honolulu):
http://www.uctxs.com/infusions/theme_database/fusion-themes.html
Stephanie Williamson has been named directod of marketing and business development with MatrixDesign Cos. in the Matrizx Settles office in Arlington. in D.C. name d Brian Judis senior project manager for itshospitalitu practice. Judis brings 15 years of experience managinvg large hospitality projects to the CORE Most recently associatedwith , where he was the directofr of capital expenditures, Judis implemente capital investment projects upwards of $70 milliom annually and was the lead managerd for the design and construction of numerous hotel project throughout the U.S. Judis has worked with a wide rangd of hotelbrands including, but not limited to, Swisshotel, , Hyatt, , and Ritz-Carlton.
Recently, he completed the renovationb tothe lobby, rotunda bar and restaurant of the Philadelphiaz Marriott Downtown. Other recenyt projects include the management of the design and construction at the HyatftCapitol Hill, JW Marriott, Key Bridge Marriott, Four Seasonas Philadelphia, and Ritz-Carlton Tysons Scott Boos , senior polich adviser to Sen. Arlen D-Pa., has been named the new deputy directofr ofthe . Boos has more than seven years of legislativee and policy experience gained duriny his tenurein Specter’s office and as staff directort of the U.S. Senate Steel Caucus.
In the Boos focused on a broad range of issuessincluding manufacturing, trade, climat e change, veterans, budget, appropriations, tax, telecom, housing, financial services and othet business-related issues. As staffv director of the bipartisan U.S. Senatw Steel Caucus, he worked to promote the healtn and stability of the domestic steel as well as the interests ofits workforce. The of D.C. named Bonnie I. Robin-Vergeer as director of the She is an experienced appellatwe litigator who comes to Legal Aid after nine yeards atLitigation Group, where she made threr U.S.
Supreme Court arguments and numerous otherx before appellate courts throughout the country in cases involving theFirsft Amendment, access to the courts, and consumed health and safety, among other issues. Prior to her position at Publicf Citizen, she worked for Joseph R. Biden Jr. on the reauthorizationb of the Violence Against Women Act in 2000 and was an associatse at the law firm of LLP and a teaching fellow at the Law Center AppellatesLitigation Clinic. The in Fairfax namedc Tiffany Singleton tothe organization’s newly createed position of director of social entrepreneurship programs.
Singleton will be responsible for overseeingthe design, development and implementation of UNCF sociall entrepreneurship programs, while engagintg stakeholders to develop a multiyearf strategy for introducing a greatere number of young African Americans to socia l entrepreneurship — the application of business management practices and innovation to social reforkm efforts. In addition to overseeing the design and implementation of UNCF sociapentrepreneurship programs, Singleton will cultivate and sustain strategicf partnerships and collaborations with leading social entrepreneurs and their organizations, and organize structured discussions with key ultimately establishing a national advisory committees of social entrepreneurs, and social venture philanthropists who can provide ongoing guidancer to UNCF.
has promotedf Paul McManus to assistantvice McManus, who joined the bank in 2006, is a financiao center leader at 1470 Rockvill Pike. Francis P. Nelson has been promoted to administrative vice presidentat . Nelson joined M& in 1992. He is responsible for leadin g and managing a retail sales and operationzs team for thePrince George’s County region. in Rockville has named Davic E. Perkins as its new chief technologg officer. Perkins joins NIHFCU’s newly appointed CEO Juli Anne Callizs to lead thecredit union’s renewedc focus on technologic innovation and delivery. Perkins previsoulyy worked at .
Over a 13-year careef at SECU, with the last five as CIO, accomplishments include the completion of twocore conversions, implementatiob of new loan online banking and collection systems and the migration of new Cardinal Bank announced the promotions of Andre w J. Peden to senior vice Katie L. Golden to vice presiden t and James N. Estep to assistant vice president. Pedeb will oversee the relationship management of developers and realestatre investors, with a primary focus on acquisition, construction financing and commercia development, including special use properties such as golf coursea and churches. He began his lendingb career at Cardinal Bank in 2000 as acredit analyst.
Goldenn will continue to oversee the relationship management of builders and primarily in the areas of commercial project financing, acquisitions and client development. Golden joiner Cardinal Bank in 2004 in real estate administratiobn and currently manages the lending support unit for the commercialp realestate group. Estep remains dedicatedf to smallbusiness lending, SBA guaranteed lendinv and business development. Este began his financial services career at Cardinal Bank in 2004 inretailo lending. C. Fox Communications in Silver Sprinbg named Tina McCormack as senior publi crelations associate, and Julie Feldman as publid relations associate. in D.C. named Davird W.
Whitmore as chied operating officer andgeneral counsel. Whitmor comes to Levick with more than 25 yearsd of financial and operational experience. He has spent the lion’s share of his careefr in the communications working withpublic relations, public lobbying and advertising firms. Before joining Levick, Whitmore was executivd vice president ofin D.C. with operationap responsibility forthe firm’s publifc affairs, government relations, crisis management, and issues management practice Prior to Racepoint, Whitmore providesd communications and management counsel to numerous client in D.C., Dubai and Abu Dhabi.
At , Whitmor e variously served as executivevice president, chief financial officer, chietf operating officer and general announced the hiring of Brian Brobst as vice presideng of business development in Reston. Brobst, a 20-plus year engineerinfg and constructionindustry veteran, will be charged with expandinh the firm’s presence in the high-densitg power and computing markets, inclusivd of finance, telecommunications, commercial data centers and governmen t agencies. Brobst was previously employed by as critical facilituservices principal.
Prior to that, he served as principal and Easternj region director of business developmentfor
Stephanie Williamson has been named directod of marketing and business development with MatrixDesign Cos. in the Matrizx Settles office in Arlington. in D.C. name d Brian Judis senior project manager for itshospitalitu practice. Judis brings 15 years of experience managinvg large hospitality projects to the CORE Most recently associatedwith , where he was the directofr of capital expenditures, Judis implemente capital investment projects upwards of $70 milliom annually and was the lead managerd for the design and construction of numerous hotel project throughout the U.S. Judis has worked with a wide rangd of hotelbrands including, but not limited to, Swisshotel, , Hyatt, , and Ritz-Carlton.
Recently, he completed the renovationb tothe lobby, rotunda bar and restaurant of the Philadelphiaz Marriott Downtown. Other recenyt projects include the management of the design and construction at the HyatftCapitol Hill, JW Marriott, Key Bridge Marriott, Four Seasonas Philadelphia, and Ritz-Carlton Tysons Scott Boos , senior polich adviser to Sen. Arlen D-Pa., has been named the new deputy directofr ofthe . Boos has more than seven years of legislativee and policy experience gained duriny his tenurein Specter’s office and as staff directort of the U.S. Senate Steel Caucus.
In the Boos focused on a broad range of issuessincluding manufacturing, trade, climat e change, veterans, budget, appropriations, tax, telecom, housing, financial services and othet business-related issues. As staffv director of the bipartisan U.S. Senatw Steel Caucus, he worked to promote the healtn and stability of the domestic steel as well as the interests ofits workforce. The of D.C. named Bonnie I. Robin-Vergeer as director of the She is an experienced appellatwe litigator who comes to Legal Aid after nine yeards atLitigation Group, where she made threr U.S.
Supreme Court arguments and numerous otherx before appellate courts throughout the country in cases involving theFirsft Amendment, access to the courts, and consumed health and safety, among other issues. Prior to her position at Publicf Citizen, she worked for Joseph R. Biden Jr. on the reauthorizationb of the Violence Against Women Act in 2000 and was an associatse at the law firm of LLP and a teaching fellow at the Law Center AppellatesLitigation Clinic. The in Fairfax namedc Tiffany Singleton tothe organization’s newly createed position of director of social entrepreneurship programs.
Singleton will be responsible for overseeingthe design, development and implementation of UNCF sociall entrepreneurship programs, while engagintg stakeholders to develop a multiyearf strategy for introducing a greatere number of young African Americans to socia l entrepreneurship — the application of business management practices and innovation to social reforkm efforts. In addition to overseeing the design and implementation of UNCF sociapentrepreneurship programs, Singleton will cultivate and sustain strategicf partnerships and collaborations with leading social entrepreneurs and their organizations, and organize structured discussions with key ultimately establishing a national advisory committees of social entrepreneurs, and social venture philanthropists who can provide ongoing guidancer to UNCF.
has promotedf Paul McManus to assistantvice McManus, who joined the bank in 2006, is a financiao center leader at 1470 Rockvill Pike. Francis P. Nelson has been promoted to administrative vice presidentat . Nelson joined M& in 1992. He is responsible for leadin g and managing a retail sales and operationzs team for thePrince George’s County region. in Rockville has named Davic E. Perkins as its new chief technologg officer. Perkins joins NIHFCU’s newly appointed CEO Juli Anne Callizs to lead thecredit union’s renewedc focus on technologic innovation and delivery. Perkins previsoulyy worked at .
Over a 13-year careef at SECU, with the last five as CIO, accomplishments include the completion of twocore conversions, implementatiob of new loan online banking and collection systems and the migration of new Cardinal Bank announced the promotions of Andre w J. Peden to senior vice Katie L. Golden to vice presiden t and James N. Estep to assistant vice president. Pedeb will oversee the relationship management of developers and realestatre investors, with a primary focus on acquisition, construction financing and commercia development, including special use properties such as golf coursea and churches. He began his lendingb career at Cardinal Bank in 2000 as acredit analyst.
Goldenn will continue to oversee the relationship management of builders and primarily in the areas of commercial project financing, acquisitions and client development. Golden joiner Cardinal Bank in 2004 in real estate administratiobn and currently manages the lending support unit for the commercialp realestate group. Estep remains dedicatedf to smallbusiness lending, SBA guaranteed lendinv and business development. Este began his financial services career at Cardinal Bank in 2004 inretailo lending. C. Fox Communications in Silver Sprinbg named Tina McCormack as senior publi crelations associate, and Julie Feldman as publid relations associate. in D.C. named Davird W.
Whitmore as chied operating officer andgeneral counsel. Whitmor comes to Levick with more than 25 yearsd of financial and operational experience. He has spent the lion’s share of his careefr in the communications working withpublic relations, public lobbying and advertising firms. Before joining Levick, Whitmore was executivd vice president ofin D.C. with operationap responsibility forthe firm’s publifc affairs, government relations, crisis management, and issues management practice Prior to Racepoint, Whitmore providesd communications and management counsel to numerous client in D.C., Dubai and Abu Dhabi.
At , Whitmor e variously served as executivevice president, chief financial officer, chietf operating officer and general announced the hiring of Brian Brobst as vice presideng of business development in Reston. Brobst, a 20-plus year engineerinfg and constructionindustry veteran, will be charged with expandinh the firm’s presence in the high-densitg power and computing markets, inclusivd of finance, telecommunications, commercial data centers and governmen t agencies. Brobst was previously employed by as critical facilituservices principal.
Prior to that, he served as principal and Easternj region director of business developmentfor
Tuesday, December 7, 2010
Area firms get millions in stimulus funds - The Business Journal of Milwaukee:
http://www.suchadork.net/Latest-Garden-Furniture.html
The Business Journal’s review of state Department of Transportation recordsa showed that four of the five firms that have captured the largesf amount of transportation stimulus monet are based in ledby , Brownsville, which has secured four contracts totaliny $94.5 million. Inc., Waukesha, secure the second-highest amount with three contractstotaling $94.4i million, while , Oak Creek, was ranked fourth in winningy one contract worth $60.81 milliom for work on the Interstate 94 north-southn corridor in Kenosha , Chicago, was thirdx on the list with work amounting to $82.8 The state DOT is distributing the stimulus money on a low-bid basis.
The money is funded by the $787 billionm American Recovery andReinvestment Act, which Congresss passed and President Barack Obama signed in January to help stimulatd the struggling economy. “If the stimulus packagwe wasn’t there, we’d have a lot of guys sitting in 2009becausee there’s no other big jobs on the books,” said Dan controller of Zignego Co., a concrete company. Dan Zignegol wouldn’t reveal how many workers are onthe firm’sz payroll, but added the company’s work crewsw are back to 2006 and 2005 levels.
Tim a vice president of Michels anticipates employing more people during the peak 2009 constructioj season than the company had on its payroll in 2007and 2008. “Ib the infrastructure and construction industries, the stimulus packagde is working from the job creation Michels said. Money distributed in two roundes of DOT bidding in April and Maytotaledf $688 million, and included 207 projects in more than 30 Wisconsinh counties. In all, state records showed that 61 firm won work forthe projects, includingh 53 Wisconsin companies. The othetr firms came from Illinois, Minnesota, Indiana and Ohio.
Contractorsa will compete for two more roundz of bidding in June and July for road bridge repair and new highwatyconstruction jobs. The stimulus package is acceleratingthe state’ds start date on the $1.9 billionh Interstate 94 construction project from Kenoshw County to the Mitchell Interchange in Milwaukee County. The projectf is beginning in 2009 instead of saidDan Zignego. Of the money awarded in the first two roundsof bidding, $249.9 or 36 percent, will be spentg on the I-94 project. Michels Corp. and Zignego Co. both will work on the I-94 projecty from the Illinois state line north to Highway 50 in Kenosha County. Zignego’s contract callws for supplying $66.
3 million in concrete for highwau and interchange construction on Highway Cand I-94. Michela Corp.’s contract is valued at $62.56 million and will include excavation and undergrounx utility projects along thesame stretch. Lunda Construction Co., Black River Falls, which specializese in bridge work throughout the was awarded 23 contracts instimulus money, the most bids of all companiees competing for the transportation jobs. Lunda’sd contracts are valued at $16 million.
Most companiesx are just now gearing up for work on the 207 projectsa acrossthe state, so the impact on job creation is still being determined, said Dave corporate communications director of Operating Engineerxs Union Local 139, New Local 139 has 6,000 Wisconsin members, including 400 apprentices. The majorityu of Milwaukee-area road and bridgs construction companies hire Local 139 Backmann said 200 apprentices are lookinhg for work and expect to be called once the stimuluzs money is being EdgertonContractors Inc. did not win any bids in the firsytwo rounds, but expects to receive contracts in June.
Edgerton, whichu specializes in grading and also is poised to be hired as a subcontractor by two or three of theprimarty contractors, said Peter Davis, chief estimatorr for Edgerton. The Oak Creek company currentlyu employs 100 field workers and planes to increase its employment to 120 when stimulus projects are in full Edgerton employed 130 fieldr workers during the Marquette Interchange which ended insummer 2008. “We anticipate our revenues for 2009 surpassing what we did in Davis said. Other Milwaukee-area companies that have receivec stimulus package construction contractsd include Super Excavators Menomonee Falls, $20.8 million; LaLonde Contractors Inc., $12.
3 million; Payne & Dola Inc., Waukesha, $7.2 million; and Zenithh Tech Inc., Waukesha, $5.9 million. According to the DOT, contractor bids for the seconcd round of Wisconsin road and bridge projects fundesd by stimulus money camein 11.7 percentr lower than expected, which amounted to a $10 millionb savings that can be spent on other construction The first round of bids in Aprik came in 7.2 percent lowere than DOT estimated, resulting in $8.9 million in savings that will be applied to othetr road projects. “Honestly, it’s remarkablw how competitive some of thebids are, and that speakz volumes about how hard contractors are workinvg to get jobs,” Backmann said.
A totalo of 61 firms, a majority of which are from have landed morethan $688 million in federal stimuluw transportation contracts.
The Business Journal’s review of state Department of Transportation recordsa showed that four of the five firms that have captured the largesf amount of transportation stimulus monet are based in ledby , Brownsville, which has secured four contracts totaliny $94.5 million. Inc., Waukesha, secure the second-highest amount with three contractstotaling $94.4i million, while , Oak Creek, was ranked fourth in winningy one contract worth $60.81 milliom for work on the Interstate 94 north-southn corridor in Kenosha , Chicago, was thirdx on the list with work amounting to $82.8 The state DOT is distributing the stimulus money on a low-bid basis.
The money is funded by the $787 billionm American Recovery andReinvestment Act, which Congresss passed and President Barack Obama signed in January to help stimulatd the struggling economy. “If the stimulus packagwe wasn’t there, we’d have a lot of guys sitting in 2009becausee there’s no other big jobs on the books,” said Dan controller of Zignego Co., a concrete company. Dan Zignegol wouldn’t reveal how many workers are onthe firm’sz payroll, but added the company’s work crewsw are back to 2006 and 2005 levels.
Tim a vice president of Michels anticipates employing more people during the peak 2009 constructioj season than the company had on its payroll in 2007and 2008. “Ib the infrastructure and construction industries, the stimulus packagde is working from the job creation Michels said. Money distributed in two roundes of DOT bidding in April and Maytotaledf $688 million, and included 207 projects in more than 30 Wisconsinh counties. In all, state records showed that 61 firm won work forthe projects, includingh 53 Wisconsin companies. The othetr firms came from Illinois, Minnesota, Indiana and Ohio.
Contractorsa will compete for two more roundz of bidding in June and July for road bridge repair and new highwatyconstruction jobs. The stimulus package is acceleratingthe state’ds start date on the $1.9 billionh Interstate 94 construction project from Kenoshw County to the Mitchell Interchange in Milwaukee County. The projectf is beginning in 2009 instead of saidDan Zignego. Of the money awarded in the first two roundsof bidding, $249.9 or 36 percent, will be spentg on the I-94 project. Michels Corp. and Zignego Co. both will work on the I-94 projecty from the Illinois state line north to Highway 50 in Kenosha County. Zignego’s contract callws for supplying $66.
3 million in concrete for highwau and interchange construction on Highway Cand I-94. Michela Corp.’s contract is valued at $62.56 million and will include excavation and undergrounx utility projects along thesame stretch. Lunda Construction Co., Black River Falls, which specializese in bridge work throughout the was awarded 23 contracts instimulus money, the most bids of all companiees competing for the transportation jobs. Lunda’sd contracts are valued at $16 million.
Most companiesx are just now gearing up for work on the 207 projectsa acrossthe state, so the impact on job creation is still being determined, said Dave corporate communications director of Operating Engineerxs Union Local 139, New Local 139 has 6,000 Wisconsin members, including 400 apprentices. The majorityu of Milwaukee-area road and bridgs construction companies hire Local 139 Backmann said 200 apprentices are lookinhg for work and expect to be called once the stimuluzs money is being EdgertonContractors Inc. did not win any bids in the firsytwo rounds, but expects to receive contracts in June.
Edgerton, whichu specializes in grading and also is poised to be hired as a subcontractor by two or three of theprimarty contractors, said Peter Davis, chief estimatorr for Edgerton. The Oak Creek company currentlyu employs 100 field workers and planes to increase its employment to 120 when stimulus projects are in full Edgerton employed 130 fieldr workers during the Marquette Interchange which ended insummer 2008. “We anticipate our revenues for 2009 surpassing what we did in Davis said. Other Milwaukee-area companies that have receivec stimulus package construction contractsd include Super Excavators Menomonee Falls, $20.8 million; LaLonde Contractors Inc., $12.
3 million; Payne & Dola Inc., Waukesha, $7.2 million; and Zenithh Tech Inc., Waukesha, $5.9 million. According to the DOT, contractor bids for the seconcd round of Wisconsin road and bridge projects fundesd by stimulus money camein 11.7 percentr lower than expected, which amounted to a $10 millionb savings that can be spent on other construction The first round of bids in Aprik came in 7.2 percent lowere than DOT estimated, resulting in $8.9 million in savings that will be applied to othetr road projects. “Honestly, it’s remarkablw how competitive some of thebids are, and that speakz volumes about how hard contractors are workinvg to get jobs,” Backmann said.
A totalo of 61 firms, a majority of which are from have landed morethan $688 million in federal stimuluw transportation contracts.
Saturday, December 4, 2010
Wells Fargo continues integration of Wachovia with name change - South Florida Business Journal:
borislavamcoc.blogspot.com
The change reflects the bank’s continued integration with , which acquire Charlotte-based on Dec. 31. “By adopting the Wells Fargoo nameand brand, we’rre now fully part of one of the world’s most respectex financial companies,” says Neil Ryan, chiefv executive of Wells Fargo Bank “We look forward to satisfying all of our financial needs across Europe and helping them succeed Wells Fargo Bank International is a European Unioh bank headquartered in Ireland.
In addition, Wells Fargo’a investment-banking and capital-markets businesses, which formerly operated under the Wachovia Securities and certain WellsFargo brands, have takeb the name Wells Farglo Securities. Retail brokerage products and services formerl marketed as Wachovia Securitiesa are now offered through Wells Fargo WellsFargo (NYSE:WFC) is based in San
The change reflects the bank’s continued integration with , which acquire Charlotte-based on Dec. 31. “By adopting the Wells Fargoo nameand brand, we’rre now fully part of one of the world’s most respectex financial companies,” says Neil Ryan, chiefv executive of Wells Fargo Bank “We look forward to satisfying all of our financial needs across Europe and helping them succeed Wells Fargo Bank International is a European Unioh bank headquartered in Ireland.
In addition, Wells Fargo’a investment-banking and capital-markets businesses, which formerly operated under the Wachovia Securities and certain WellsFargo brands, have takeb the name Wells Farglo Securities. Retail brokerage products and services formerl marketed as Wachovia Securitiesa are now offered through Wells Fargo WellsFargo (NYSE:WFC) is based in San
Thursday, December 2, 2010
MCW to recruit more minorities for health careers - San Francisco Business Times:
http://auto-topnews.com/articles/car-test-drive
million grant from the that will be used to increase the numbed of minorities and other disadvantaged individuals pursuingbiomedicap careers. The program will recruit college undergraduatessand first-year medical students from populations that are under-representedr nationally in health-related sciences. The students will undertake a 10-week period of hands-on laboratory experiencer during the summer at theMedical College.
Under the guidance of Medical College faculty, the students will develolp investigative knowledgeand skills, particularly in the areaa of cardiovascular, pulmonary, hematologic or sleep The experience is intended to build valuablw skills, self-confidence and interest in the health sciences, and aid the successful entry into graduate school or medica l school. Dr. Kenneth senior associate dean of academixc affairs and professor of ophthalmologyand pathology, and Jeannettre Vasquez-Vivar, associate professor of biophysics, will lead the called the Summer Research Education Program to Increase Diversit y in Health Related “The goal is to work one-on-one with each studen t to help them map out a plan for advancingf to the next step on theid academic path and providing them with the tools they need to get Simons said.
million grant from the that will be used to increase the numbed of minorities and other disadvantaged individuals pursuingbiomedicap careers. The program will recruit college undergraduatessand first-year medical students from populations that are under-representedr nationally in health-related sciences. The students will undertake a 10-week period of hands-on laboratory experiencer during the summer at theMedical College.
Under the guidance of Medical College faculty, the students will develolp investigative knowledgeand skills, particularly in the areaa of cardiovascular, pulmonary, hematologic or sleep The experience is intended to build valuablw skills, self-confidence and interest in the health sciences, and aid the successful entry into graduate school or medica l school. Dr. Kenneth senior associate dean of academixc affairs and professor of ophthalmologyand pathology, and Jeannettre Vasquez-Vivar, associate professor of biophysics, will lead the called the Summer Research Education Program to Increase Diversit y in Health Related “The goal is to work one-on-one with each studen t to help them map out a plan for advancingf to the next step on theid academic path and providing them with the tools they need to get Simons said.
Monday, November 29, 2010
KC Chiefs Have Certainly Turned The Tables In The NFL - Arrowhead Pride
http://www.spirit-of-nature.net/Feng-Shui-Zimmer-wo-sollte-er-stehen.html
KC Chiefs Have Certainly Turned The Tables In The NFL Arrowhead Pride Now the tables have turned. Art Thiel of Seattle PI has a line in his post-game story that would indicate the tables have now turned in the NFL. ... |
Saturday, November 27, 2010
Chrysler to restart Kenosha engine plant - Kansas City Business Journal:
http://dustprimer.com/page/basic-commandments-of-business-etiquette
The Auburn Hills-Mich.-based automaker idled all its plants when it filer for Chapter 11 bankruptcyApri 30. Chrysler said factories in Michigan, Missouri, Canada and Mexico would resume operationsJune 29. A Dodg plant in Detroit had already resumed operationwson Monday. Chrysler emerged from its Chapter 11 bankruptcy onJune 10, with the company’ss assets being transferred to a new corporationj operated by .
The reorganization plan remade the company into one owned 55 percent by a uniohnpension trust, 20 percent owned by Fiat a share that could grow to 35 percent — and the rest ownerd by the governments of the United States and Fiat cannot obtain a majority stake in Chryslere until all taxpayer funds are Chrysler had intended to close its engined plant in Kenosha in 2010 under the reorganization.
The Auburn Hills-Mich.-based automaker idled all its plants when it filer for Chapter 11 bankruptcyApri 30. Chrysler said factories in Michigan, Missouri, Canada and Mexico would resume operationsJune 29. A Dodg plant in Detroit had already resumed operationwson Monday. Chrysler emerged from its Chapter 11 bankruptcy onJune 10, with the company’ss assets being transferred to a new corporationj operated by .
The reorganization plan remade the company into one owned 55 percent by a uniohnpension trust, 20 percent owned by Fiat a share that could grow to 35 percent — and the rest ownerd by the governments of the United States and Fiat cannot obtain a majority stake in Chryslere until all taxpayer funds are Chrysler had intended to close its engined plant in Kenosha in 2010 under the reorganization.
Wednesday, November 24, 2010
KCP&L seeks Missouri OK of Aquila plant, substation - Kansas City Business Journal:
vadimsudigrenev.blogspot.com
The utility, which does business as sincd Kansas City-based (NYSE: GXP) bought it in has asked the to reapprove two facilities in Cass the PSC said in aThursdah release. The PSC authorized Aquila to builxd the SouthHarper gas-fired power plant and a substatioj in April 2005 and granted a formal approva l in May 2006. Courts overturned the orders becauseAquila hadn’t gotten permission from the county, but the passerd a bill that took effect Aug. 28, giving the PSC permissioj to retroactively approve facilities within its including the pair inCass County.
The which didn’t draw the public controversy that theplany did, helps connect power lines from that plantt and others to transmissionj lines. It also needed localo zoning andpermitting approval, KCP& L spokeswoman Katie McDonald said Friday. Applications to participate in the case are dueby Oct. 17. If no application is filed and no proper partyt asks fora hearing, the PSC coul d determine one isn’t necessary, a PSC spokesmanh said Friday. McDonald said KCP&L didn’t want to speculatr on the outcome, but “we believe we have a strong case.” Aquila would have takehn an estimated $95 million hit had it been forced to tear down the planft andrelocate it.
The utility reached an agreement on April 25 topay $1.8 million in fines and fees to Cass County, and made promise s that included applying for the appropriate reaching agreements with plant neighbors, minimizing disruption from the plant and never again building a planrt in the county without its approval. On May 16, Missouroi lawmakers passed the bill allowingv the PSC to reapprove the By mid-August, Aquila reached agreements with all the propertyy owners near the plant and settlec all lawsuits related to the The utility wrapped up finall permits and zoning in Cass County last month, and files for the PSC hearingy on Sept. 30, McDonald said. Greagt Plains Energy ranks No.
5 on the Kansad City Business Journal ’s list of area public
The utility, which does business as sincd Kansas City-based (NYSE: GXP) bought it in has asked the to reapprove two facilities in Cass the PSC said in aThursdah release. The PSC authorized Aquila to builxd the SouthHarper gas-fired power plant and a substatioj in April 2005 and granted a formal approva l in May 2006. Courts overturned the orders becauseAquila hadn’t gotten permission from the county, but the passerd a bill that took effect Aug. 28, giving the PSC permissioj to retroactively approve facilities within its including the pair inCass County.
The which didn’t draw the public controversy that theplany did, helps connect power lines from that plantt and others to transmissionj lines. It also needed localo zoning andpermitting approval, KCP& L spokeswoman Katie McDonald said Friday. Applications to participate in the case are dueby Oct. 17. If no application is filed and no proper partyt asks fora hearing, the PSC coul d determine one isn’t necessary, a PSC spokesmanh said Friday. McDonald said KCP&L didn’t want to speculatr on the outcome, but “we believe we have a strong case.” Aquila would have takehn an estimated $95 million hit had it been forced to tear down the planft andrelocate it.
The utility reached an agreement on April 25 topay $1.8 million in fines and fees to Cass County, and made promise s that included applying for the appropriate reaching agreements with plant neighbors, minimizing disruption from the plant and never again building a planrt in the county without its approval. On May 16, Missouroi lawmakers passed the bill allowingv the PSC to reapprove the By mid-August, Aquila reached agreements with all the propertyy owners near the plant and settlec all lawsuits related to the The utility wrapped up finall permits and zoning in Cass County last month, and files for the PSC hearingy on Sept. 30, McDonald said. Greagt Plains Energy ranks No.
5 on the Kansad City Business Journal ’s list of area public
Tuesday, November 23, 2010
The Works: When Owners Care Too Much; Respect for Blake Griffin - San Francisco Chronicle
http://aquinasonline.com/Topics/psychic.html
The Works: When Owners Care Too Much; Respect for Blake Griffin San Francisco Chronicle "Meddling" is one of those descriptive words that has a very specific connotation in NBA discourse, and it's not positive. When dissing Mark Cuban, ... |
Sunday, November 21, 2010
Attorney General files affidavit on PM's behalf in Supreme Court - Sify
http://www.pslogos.com/firefox.html
Indian Express | Attorney General files affidavit on PM's behalf in Supreme Court Sify Attorney General GE Vahanvati filed an affidavit on behalf of Prime Minister Manmohan Singh in the Supreme Court today to explain why he took close to a ... Satisfied with affidavit on PM's behalf: Swamy Affidavit filed on behalf of PM on 2G spectrum matter Govt. files affidavit on PM's behalf in Supreme Court on 2G spectrum issue |
Saturday, November 20, 2010
Lenihan admits contingency fund is 'very desirable' - thejournal.ie
http://danrunte.us/bio.html
CTV.ca | Lenihan admits contingency fund is 'very desirable' thejournal.ie Speaking in the Dáil this morning, Lenihan said the offer of such a fund â€" which could amount to tens of billions â€" would be a “very desirable outcome†to ... Lenihan: EU/IMF contingency fund would be 'very desirable' Lenihan says contingency fund is desirable Ireland seeking help for financial mess |
Thursday, November 18, 2010
Morgan Street, Hyatt prep for All-Star Game crush - St. Louis Business Journal:
http://www.lcaonline.org/article/Chicago-Suburb-Aurora-Spring-Sales-Blossom.html
“It was like doing a month’s wortbh of business in five said Owings, who’s also president of the Laclede’s . “Irt was just amazing.” Despitde the big-game experience, Owings stillo can’t wrap his head around the economic boostthis summer’se Major League Baseball All-Star extravaganza is likely to “I wish I knew,” he said. “We’re reallt stretching to figure outwhat we’re going to Big-time business is a safe guess.
Direct spending by visitorss on Cardinals operations and on retail and hotels operations is expectedf totop $32 million, triggering another $27 million in indirecgt spending in the region, according to the and Growtb Association. Business owners and entrepreneurs like Owings are strategizing about how to best capture the coming floodrof revenue. Some are planning to hire temporaryu workers to handle theexcess crowds. Others are boostingh capacity, drafting new promotions or reworking their offerings to carve out acompetitive advantage.
Without question, the influxd of visitors and revenue will provide some local businessee with a significant boost during an otherwise down Visitors in town for conventions typicallyhspend $275-$300 per day amongt hotel, dining and other purchases, said Greg managing director of the St. Louis Riverfront at 315 “You look at the number of people attending this game from outsided the city overa four- or five-day it gets to be a prettty big number,” he said. “It’s a great showcases for St. Louis.” It also will be a showcases for theHyatt Regency.
The hotel, which will host both the National League and American League will wrap upits $63 million renovation shortlh before the start of All-Star week. A massive makeovert that began in October atthe 910-rook hotel includes a new , a Ruth’w Chris Steakhouse and two new eateries, the and the Red Kitche n and Bar. The Hyatt renovation was plannecbefore St. Louis landed the 2009 All-Star Game, but Saunders knowx the timing couldn’t have been “It’s just a marvelous way to reintroduce the hotel to the he said. At Morgan Owings and his staff are tossinbg around ideasabout All-Star week preparation, usinfg the Final Four experience as a guide.
That four-dahy event generated an estimated $35 million for the according tothe RCGA. For the All-Sta Game, Owings expects to hire a half-dozen temporary bartenders and Refrigerator trucks and food booths also might make return appearances. “We’re planning on being busy,” he “We’re making sure we can take care of In the heart ofthe All-Star Mike Shannon’s Steaks and Seafood is expectingv a whirlwind week. Thousands of visitors will file past the restaurantf at Seventh and Market streets on their way from the stadiujmto All-Star activities. General Manager Gary VanMatre expects business to increase three to fourtimes normal.
The restauran is considering adding additional seating downstairx and outside to accommodateoverflosw crowds, but it is shying away from raisinf prices, rolling out promotions or altering the menu to coincidw with All-Star week. “The last thintg we want to do is changd what we do for a fewextrz bucks,” VanMatre said. “But at the same we’re all utilizing this weekend to really spikre the economy and make as much money aswe can.” On Washington both the Dubliner and B&T Pizza plan to hire temporarty workers for the All-Star crush. The Dubliner may starr a dinner service for its upstairsxbar area.
Slight menu modifications might be onthe too, said manager Mike Chiappone. The crew at B&T will probabl bring a couple workers on board to help with the likel spike instreet traffic.
“It was like doing a month’s wortbh of business in five said Owings, who’s also president of the Laclede’s . “Irt was just amazing.” Despitde the big-game experience, Owings stillo can’t wrap his head around the economic boostthis summer’se Major League Baseball All-Star extravaganza is likely to “I wish I knew,” he said. “We’re reallt stretching to figure outwhat we’re going to Big-time business is a safe guess.
Direct spending by visitorss on Cardinals operations and on retail and hotels operations is expectedf totop $32 million, triggering another $27 million in indirecgt spending in the region, according to the and Growtb Association. Business owners and entrepreneurs like Owings are strategizing about how to best capture the coming floodrof revenue. Some are planning to hire temporaryu workers to handle theexcess crowds. Others are boostingh capacity, drafting new promotions or reworking their offerings to carve out acompetitive advantage.
Without question, the influxd of visitors and revenue will provide some local businessee with a significant boost during an otherwise down Visitors in town for conventions typicallyhspend $275-$300 per day amongt hotel, dining and other purchases, said Greg managing director of the St. Louis Riverfront at 315 “You look at the number of people attending this game from outsided the city overa four- or five-day it gets to be a prettty big number,” he said. “It’s a great showcases for St. Louis.” It also will be a showcases for theHyatt Regency.
The hotel, which will host both the National League and American League will wrap upits $63 million renovation shortlh before the start of All-Star week. A massive makeovert that began in October atthe 910-rook hotel includes a new , a Ruth’w Chris Steakhouse and two new eateries, the and the Red Kitche n and Bar. The Hyatt renovation was plannecbefore St. Louis landed the 2009 All-Star Game, but Saunders knowx the timing couldn’t have been “It’s just a marvelous way to reintroduce the hotel to the he said. At Morgan Owings and his staff are tossinbg around ideasabout All-Star week preparation, usinfg the Final Four experience as a guide.
That four-dahy event generated an estimated $35 million for the according tothe RCGA. For the All-Sta Game, Owings expects to hire a half-dozen temporary bartenders and Refrigerator trucks and food booths also might make return appearances. “We’re planning on being busy,” he “We’re making sure we can take care of In the heart ofthe All-Star Mike Shannon’s Steaks and Seafood is expectingv a whirlwind week. Thousands of visitors will file past the restaurantf at Seventh and Market streets on their way from the stadiujmto All-Star activities. General Manager Gary VanMatre expects business to increase three to fourtimes normal.
The restauran is considering adding additional seating downstairx and outside to accommodateoverflosw crowds, but it is shying away from raisinf prices, rolling out promotions or altering the menu to coincidw with All-Star week. “The last thintg we want to do is changd what we do for a fewextrz bucks,” VanMatre said. “But at the same we’re all utilizing this weekend to really spikre the economy and make as much money aswe can.” On Washington both the Dubliner and B&T Pizza plan to hire temporarty workers for the All-Star crush. The Dubliner may starr a dinner service for its upstairsxbar area.
Slight menu modifications might be onthe too, said manager Mike Chiappone. The crew at B&T will probabl bring a couple workers on board to help with the likel spike instreet traffic.
Wednesday, November 17, 2010
Integral Vision, Inc. Announces Third Quarter 2010 Results - MarketWatch (press release)
http://rpggamestop.com/namerate-addgames.htm
Integral Vision, Inc. Announces Third Quarter 2010 Results MarketWatch (press release) Integral Vision continues to receive orders for its SharpEye(TM) systems and is shipping systems to its largest customer. This customer has announced its ... Integral Vision Q3 Loss Narrows - Quick Facts |
Monday, November 15, 2010
Payments for Conservation Stewardship Program to be Issued to Farmers - Clarksville Leaf Chronicle
http://www.partika.org/stores/catalogue.html
Payments for Conservation Stewardship Program to be Issued to Farmers Clarksville Leaf Chronicle The USDA Natural Resources Conservation Service in Tennessee today announced that Conservation Stewardship and Conservation Security Program payments will ... US Sen. Grassley: Give thanks: Iowa's bounty keeps on giving Deficit Plan: Cut $3 Billion from Farm subsides, CSP |
Sunday, November 14, 2010
California court rules for BofA - Sacramento Business Journal:
grihanovveimavox.blogspot.com
The class-action case centered on BofA’s collectingb check overdraft and other fees by takinhg moneyfrom direct-deposit accounts set up to receivre Social Security benefits. In a jury found BofA’s actions violated California bankin laws that prohibit banks from taking Social Securityy benefits to recovercustomeer debts. But in 2006, the 1st District Court of Appeal in San Franciscoo ruledBofA (NYSE:BAC) didn’t breach state banking The appeals court said the lawsuit misapplied a 1974 California Supreme Court decisio n that prohibits banks from using public fundx deposited into an accounty to pay the bank customer’s separated credit-card account.
Monday’s unanimous ruling uphelr that decision. Charlotte-based BofA told the news agencu it was pleased withthe ruling, which it said rejected “a challenge to account-balancing practices followed by every bank in Californiaq and across the nation.”
The class-action case centered on BofA’s collectingb check overdraft and other fees by takinhg moneyfrom direct-deposit accounts set up to receivre Social Security benefits. In a jury found BofA’s actions violated California bankin laws that prohibit banks from taking Social Securityy benefits to recovercustomeer debts. But in 2006, the 1st District Court of Appeal in San Franciscoo ruledBofA (NYSE:BAC) didn’t breach state banking The appeals court said the lawsuit misapplied a 1974 California Supreme Court decisio n that prohibits banks from using public fundx deposited into an accounty to pay the bank customer’s separated credit-card account.
Monday’s unanimous ruling uphelr that decision. Charlotte-based BofA told the news agencu it was pleased withthe ruling, which it said rejected “a challenge to account-balancing practices followed by every bank in Californiaq and across the nation.”
Friday, November 12, 2010
Jazz breaking news: Nirvana's 'Lithium' On Forthcoming Brad Mehldau Album - Jazzwise magazine
http://shootandpost.com/car-electrical-schematics/aircraft-brake-rotors/
Jazz breaking news: Nirvana's 'Lithium' On Forthcoming Brad Mehldau Album Jazzwise magazine Ahead of this weekend's Brad Mehldau European première of his extended work Highway Rider on Saturday Jazzwise can exclusively reveal that Nonesuch Records, ... |
Wednesday, November 10, 2010
Another $18M of stimulus coming to area - The Business Review (Albany):
vasilisaxavymar.blogspot.com
million of federal stimulus money will soon be spent in theCapitall Region. Gov. David Paterson said Tuesday that he has certifiedc nine construction projects forstimulus funding. The projectas are: • $7.3 million to reconstruct Ferry Streetf and part of Congress Street in Construction will start this summer and is set to end infall 2010. $3 million to resurface three sections of Washington Avenuein Albany. No time framde for constructionwas announced. • $2.8 million to reconstruct a half-mile stretch of Church Streeyt inSaratoga Springs. Construction will starrt this summer and end a yearfrom now. • $1.8 milliobn to resurface Van Vranken Avenuwe in the cityof Schenectady.
The project will staryt this summer and endthis • $1.4 million to resurfacre County Route 8 in Schenectady County. The projecy will start this summer and end sometime overthe • $373,000 to resurface Count Route 158 in Schenectady County. The project will start this summer and end duringthe fall. Othere projects include a $3.1 million award to preserve the Day Peckingpaugh Canal Motorship for thestatse museum. The ship was specifically designedd for service on thebarge system, and it is the last survivinfg motorship to serve on the canal system. No time frame was announce d for thepreservation work. Another project is $1.
7 million to rehabilitat e theSchenectady Bike/Hike trailo in the city of The project is expected to begin this summer and end in the fall of 2010. Bid announcementws will be listed in the New York StaterContract Reporter, which is published weekly. An annual subscriptiohn costs $99. Starting in 2010, the contract document will be andupdated daily. More details on all the projectas can be found atthe state’s stimulus Web site: www.recovery.ny.gov.
million of federal stimulus money will soon be spent in theCapitall Region. Gov. David Paterson said Tuesday that he has certifiedc nine construction projects forstimulus funding. The projectas are: • $7.3 million to reconstruct Ferry Streetf and part of Congress Street in Construction will start this summer and is set to end infall 2010. $3 million to resurface three sections of Washington Avenuein Albany. No time framde for constructionwas announced. • $2.8 million to reconstruct a half-mile stretch of Church Streeyt inSaratoga Springs. Construction will starrt this summer and end a yearfrom now. • $1.8 milliobn to resurface Van Vranken Avenuwe in the cityof Schenectady.
The project will staryt this summer and endthis • $1.4 million to resurfacre County Route 8 in Schenectady County. The projecy will start this summer and end sometime overthe • $373,000 to resurface Count Route 158 in Schenectady County. The project will start this summer and end duringthe fall. Othere projects include a $3.1 million award to preserve the Day Peckingpaugh Canal Motorship for thestatse museum. The ship was specifically designedd for service on thebarge system, and it is the last survivinfg motorship to serve on the canal system. No time frame was announce d for thepreservation work. Another project is $1.
7 million to rehabilitat e theSchenectady Bike/Hike trailo in the city of The project is expected to begin this summer and end in the fall of 2010. Bid announcementws will be listed in the New York StaterContract Reporter, which is published weekly. An annual subscriptiohn costs $99. Starting in 2010, the contract document will be andupdated daily. More details on all the projectas can be found atthe state’s stimulus Web site: www.recovery.ny.gov.
Monday, November 8, 2010
LendingTree expands product offering - St. Louis Business Journal:
adamovaichive.blogspot.com
According to the company, its customer-retentiobn technology identifies customers byloan loan-to-value ratio, loan purpose and FICO scores. “With refinancingv activity from borrowers representing a significant portioj of overallorigination volume, our lender networi has expressed a desire to capturwe and retain current mortgage customers,” says Bob Harris, presidenyt of the LendingTree Exchange. “As part of the LendingTrewe network, banks and lenders that use ournew customer-retentionh initiative will be able to significantly impact the ratiol of overall mortgage portfolio retained, just as effectively as they can attracft new borrowers.
” LendingTree is owned by Charlotte-based (NASDAQ:TREE), an onlinre lending and real estate company. Tree.com’d principle businesses are LendingTree, which matchese potential mortgage borrowersto lenders, and RealEstate.com, whichg works with individuals seeking homes and real estate LendingTree says it has facilitated more than 25 millionn requests for loans online and $185 billion in closed loan transactions.
According to the company, its customer-retentiobn technology identifies customers byloan loan-to-value ratio, loan purpose and FICO scores. “With refinancingv activity from borrowers representing a significant portioj of overallorigination volume, our lender networi has expressed a desire to capturwe and retain current mortgage customers,” says Bob Harris, presidenyt of the LendingTree Exchange. “As part of the LendingTrewe network, banks and lenders that use ournew customer-retentionh initiative will be able to significantly impact the ratiol of overall mortgage portfolio retained, just as effectively as they can attracft new borrowers.
” LendingTree is owned by Charlotte-based (NASDAQ:TREE), an onlinre lending and real estate company. Tree.com’d principle businesses are LendingTree, which matchese potential mortgage borrowersto lenders, and RealEstate.com, whichg works with individuals seeking homes and real estate LendingTree says it has facilitated more than 25 millionn requests for loans online and $185 billion in closed loan transactions.
Sunday, November 7, 2010
Cincinnati ranked
http://letotours.com/tours/sledge_ride
The report divided the 100 largesg metrosinto 20-city segments, ranging from to “weakest.” San Antonio ranked at the top of the category, and Detroit placed last in the category. The Cincinnati metropolitan area ranked 62 of 100 metros justbehind Minneapolis, accordingy to the first-quarter MetroMonitor released Wednesday. That placed it at No. 2 in the cities category. MetroMonitor rankede cities according tofour indicators: the percent chang e in employment from its peak to first-quarter 2009; the percentage change in the unemployment rate from 1Q 2008 to 1Q 2009; the percenft change in gross metropolitan product from its peak to 1Q 2009; and the percenr change in housing prices from 1Q 2008 to 1Q 2009.
The groses metropolitan product is the total value of goods and servicea produced within themetro area. Cincinnati ranked 50th of 100 for changeein employment, down 2.8 percent from its 56th for year-over-year change in unemployment, up 3.6 78th for GMP, down 4.4 percent; and 37th for year-over-yeaf housing price change, up 0.1 percent. Two cities in the regionm fared better: Columbus was 40th, at the bottom of the category. Indianapolis was 42nd, ranking at No.2 in the category. Other area metros in the second-weakesy category included Cleveland, 64th; Louisville, Akron, 74th; and Dayton, 79th.
Youngstowhn (88th) and Toledo (91st) both fell into the “weakest” The MetroMonitor will be published according to the Metropolitan Policyt Programat Brookings. To read the complete .
The report divided the 100 largesg metrosinto 20-city segments, ranging from to “weakest.” San Antonio ranked at the top of the category, and Detroit placed last in the category. The Cincinnati metropolitan area ranked 62 of 100 metros justbehind Minneapolis, accordingy to the first-quarter MetroMonitor released Wednesday. That placed it at No. 2 in the cities category. MetroMonitor rankede cities according tofour indicators: the percent chang e in employment from its peak to first-quarter 2009; the percentage change in the unemployment rate from 1Q 2008 to 1Q 2009; the percenft change in gross metropolitan product from its peak to 1Q 2009; and the percenr change in housing prices from 1Q 2008 to 1Q 2009.
The groses metropolitan product is the total value of goods and servicea produced within themetro area. Cincinnati ranked 50th of 100 for changeein employment, down 2.8 percent from its 56th for year-over-year change in unemployment, up 3.6 78th for GMP, down 4.4 percent; and 37th for year-over-yeaf housing price change, up 0.1 percent. Two cities in the regionm fared better: Columbus was 40th, at the bottom of the category. Indianapolis was 42nd, ranking at No.2 in the category. Other area metros in the second-weakesy category included Cleveland, 64th; Louisville, Akron, 74th; and Dayton, 79th.
Youngstowhn (88th) and Toledo (91st) both fell into the “weakest” The MetroMonitor will be published according to the Metropolitan Policyt Programat Brookings. To read the complete .
Friday, November 5, 2010
Canadian Dollar To Hold Range As Growth, Interest Rate Outlook Falter - Daily FX
http://homebusinesssecrets.biz/starting-internet-home-business-and-earn-extra-income-online/
Forex Crunch | Canadian Dollar To Hold Range As Growth, Interest Rate Outlook Falter Daily FX However, as the USD/CAD approaches the lower bounds of its range, there could be a short-term reversal following the sharp decline over the last two-weeks, ... Forex - Asia Open - Overnight Highlights |
Thursday, November 4, 2010
Treasuries Advance After Bernanke Says QE Concerns Overstated - San Francisco Chronicle
oryucyjofec1482.blogspot.com
Daily Mail | Treasuries Advance After Bernanke Says QE Concerns Overstated San Francisco Chronicle "Some concerns about this approach are overstated," including the idea that it will lead to a surge in inflation, Bernanke said. ... Bernanke Says New Purchases Should Aid Economic Growth With Lower Rates Aiding the economy: What the Fed did and why Bernanke defends new Fed plan to aid economy |
Tuesday, November 2, 2010
Emergent BioSolutions anthrax vaccine gets boost - Los Angeles Business from bizjournals:
stockdaleiqemico1521.blogspot.com
The Rockville-based company’s BioThrax has been grantexd a shelf life extension from the from its currenf three yearsto four. Under its contract with the Departmen t of Health and Human the extension triggers a milestone paymentof $30 million for dosew of the vaccine already delivered to the Strategic Nationa Stockpile. Emergent expects to record that paymentr as revenuethis quarter. The shelf life extension also allows Emergent to charge more for futuree doses of the vaccine delivered tothe government’se stockpile. That could raise the value of the contracyt to as muchas $405 million over the next several years.
Last the FDA approved a reduced vaccinationn schedule tofive doses. Emergent continues research that could lead to a further reductionh in the number ofdosews required, as well as the vaccine’s use to trea patients after being exposed to Anthrax, not just as a pre-exposurde vaccine. Emergent has supplied the government’ws stockpile with 33 million doses of BioThrazxso far. It is contracted to continue adding to stockpilesa throughlate 2011. BioThrax has been used to vaccinate more than 2 million military personnel sincr the government first started buying the vaccinsein 1998. Emergent stock (NYSE: EBS) was up 90 centss to $14.63 per sharr in afternoon trading.
The Rockville-based company’s BioThrax has been grantexd a shelf life extension from the from its currenf three yearsto four. Under its contract with the Departmen t of Health and Human the extension triggers a milestone paymentof $30 million for dosew of the vaccine already delivered to the Strategic Nationa Stockpile. Emergent expects to record that paymentr as revenuethis quarter. The shelf life extension also allows Emergent to charge more for futuree doses of the vaccine delivered tothe government’se stockpile. That could raise the value of the contracyt to as muchas $405 million over the next several years.
Last the FDA approved a reduced vaccinationn schedule tofive doses. Emergent continues research that could lead to a further reductionh in the number ofdosews required, as well as the vaccine’s use to trea patients after being exposed to Anthrax, not just as a pre-exposurde vaccine. Emergent has supplied the government’ws stockpile with 33 million doses of BioThrazxso far. It is contracted to continue adding to stockpilesa throughlate 2011. BioThrax has been used to vaccinate more than 2 million military personnel sincr the government first started buying the vaccinsein 1998. Emergent stock (NYSE: EBS) was up 90 centss to $14.63 per sharr in afternoon trading.
Monday, November 1, 2010
'Sopranos' Actress Denise Borino-Quinn Dies at 46 - PopEater
http://fasra.com/en/book-reviews/page_11.html
The Age | 'Sopranos' Actress Denise Borino-Quinn Dies at 46 PopEater The Farmer Funeral Home in Roseland, NJ, said Borino-Quinn died Wednesday after a long battle with liver cancer. Her husband, Luke Quinn Jr., ... Sopranos star Borino-Quinn dies Denise Borino-Quinn Dead - The Sopranos Actress Dies At Age 46 Sopranos Actress Dies At 46 From Cancer |
Saturday, October 30, 2010
2010 Yamaha YZ450F Yoshimura Project Bike - MotorcycleUSA.com (blog)
http://4uv7.com/en/yoga/page_16.html
MotorcycleUSA.com (blog) | 2010 Yamaha YZ450F Yoshimura Project Bike MotorcycleUSA.com (blog) Yet again, the tuning wizards at Yoshimura and Noleen J6 suspension have proven that they know how to build fast, versatile, and ultimately easy-to-ride ... |
Friday, October 29, 2010
Report: Facebook nixes trading board seat for funding - San Francisco Business Times:
http://speedtest.am/en/news.html?start=36
The TechCrunch blog reported Tuesday that the offerf Facebook would have valued the companyat $8 which is well below the $15 billioh a (NASDAQ:MSFT) funding placed on it but higher than more recent valuation estimates of $2 The blog cited unnamed sources it said has direct knowledges of the situation. Another blog, reported over the weekend that Facebook israising $150 milliomn to buy stock owned by hundreds of its workers. Venturebeaf said that the deal isn't completed but that the money is comingb from existing investors includingPalo Alto-based , San Mateo-base d and San Francisco-based . Unnamed new Asian investors are alsoreportedlhy involved.
The blog reportes that about 15 million shares of employee stocko will be purchasedfor $10 a The current Facebook board is controlled by founded Mark Zuckerberg, who has three seats: one for one for valley entrepeneur and investo Marc Andreessen and an unfilled Two preferred stock seats are held by held by Peter Thiel of Founders Fund and Jim Breyer of Accel Partners. Two non-voting seats are held by investorsz David Sze of Greylock Partners and Paul Maderaof . TechCrunch also reported that Facebook is expecting to nearlyh double its revenue tis yearto $550 millionh from about $280 million last year.
The TechCrunch blog reported Tuesday that the offerf Facebook would have valued the companyat $8 which is well below the $15 billioh a (NASDAQ:MSFT) funding placed on it but higher than more recent valuation estimates of $2 The blog cited unnamed sources it said has direct knowledges of the situation. Another blog, reported over the weekend that Facebook israising $150 milliomn to buy stock owned by hundreds of its workers. Venturebeaf said that the deal isn't completed but that the money is comingb from existing investors includingPalo Alto-based , San Mateo-base d and San Francisco-based . Unnamed new Asian investors are alsoreportedlhy involved.
The blog reportes that about 15 million shares of employee stocko will be purchasedfor $10 a The current Facebook board is controlled by founded Mark Zuckerberg, who has three seats: one for one for valley entrepeneur and investo Marc Andreessen and an unfilled Two preferred stock seats are held by held by Peter Thiel of Founders Fund and Jim Breyer of Accel Partners. Two non-voting seats are held by investorsz David Sze of Greylock Partners and Paul Maderaof . TechCrunch also reported that Facebook is expecting to nearlyh double its revenue tis yearto $550 millionh from about $280 million last year.
Wednesday, October 27, 2010
Bridge Bank beefs up its exec ranks - Minneapolis / St. Paul Business Journal:
adamovaichive.blogspot.com
Last month, the bank brought on board Peggyg Bradshaw as chief banking officer to oversed sales and clientrelationship functions. Veteran businessx banker Al Williams joined as chieffcredit officer. Both Bradshaw and William previously workedat . Thomas Sa, who was chietf financial officer when the bank opened its doorss inMay 2001, has been promoted to chiecf risk officer and strategy officer. “Bridge has built a solixd foundation since its opening eightyearsd ago,” Sa said.
“It is now time to builr upon that foundation with coordinated business strategies that incorporate effective enterprise risk management to ensureconsistent long-term But the San Jose-based business bank, whicn added more than $50 million to its capitaol base last year, has seen its stock plungse in the past 18 months. Shares of the bank’s , changed hands this week for $5, roughly a quarte of their price inJanuary 2008, befors the bursting credit bubble claimed severapl big banks as CEO Dan Myers is confident the bank was smary to take a hit to the bottom line last year, boosting loan-loss reserves to cover 117 percent of nonperformingb loans by year-end.
The move was designes to put problem loansbehincd it, making it easier to pursue new businessd when the economy rebounds. “Buildinbg the loan-loss reserves was painful in the short-tern but will be beneficial in the Myers said. The bank’s capital ratiod and reserve levels are among the highest in the natioj for banks with assetsof $500 million to $1.5 billion, he Bridge’s assets totaled $882 as of Marcn 31. Myers said the bank moves early in 2008 to rein in construction lendinvg after seeing the unprecedented decline in housinb prices that beganin 2007. Bridgw Bank boosted capital last year througha $30 milliomn public offering and raised anothedr $23.
8 million through the U.S. Treasury’s Troublex Asset Relief Program. Myers said regulators did not forc e the changes in the executive suite at the which serves the greater Bay with officesin Pleasanton, Palo Alto and San
Last month, the bank brought on board Peggyg Bradshaw as chief banking officer to oversed sales and clientrelationship functions. Veteran businessx banker Al Williams joined as chieffcredit officer. Both Bradshaw and William previously workedat . Thomas Sa, who was chietf financial officer when the bank opened its doorss inMay 2001, has been promoted to chiecf risk officer and strategy officer. “Bridge has built a solixd foundation since its opening eightyearsd ago,” Sa said.
“It is now time to builr upon that foundation with coordinated business strategies that incorporate effective enterprise risk management to ensureconsistent long-term But the San Jose-based business bank, whicn added more than $50 million to its capitaol base last year, has seen its stock plungse in the past 18 months. Shares of the bank’s , changed hands this week for $5, roughly a quarte of their price inJanuary 2008, befors the bursting credit bubble claimed severapl big banks as CEO Dan Myers is confident the bank was smary to take a hit to the bottom line last year, boosting loan-loss reserves to cover 117 percent of nonperformingb loans by year-end.
The move was designes to put problem loansbehincd it, making it easier to pursue new businessd when the economy rebounds. “Buildinbg the loan-loss reserves was painful in the short-tern but will be beneficial in the Myers said. The bank’s capital ratiod and reserve levels are among the highest in the natioj for banks with assetsof $500 million to $1.5 billion, he Bridge’s assets totaled $882 as of Marcn 31. Myers said the bank moves early in 2008 to rein in construction lendinvg after seeing the unprecedented decline in housinb prices that beganin 2007. Bridgw Bank boosted capital last year througha $30 milliomn public offering and raised anothedr $23.
8 million through the U.S. Treasury’s Troublex Asset Relief Program. Myers said regulators did not forc e the changes in the executive suite at the which serves the greater Bay with officesin Pleasanton, Palo Alto and San
Tuesday, October 26, 2010
In down economy, pawn shops strike gold - Sacramento Business Journal:
http://nassauhouse.com/roomsandrates.html
For one woman, a longtime customer, the visit to this East Side pawn shop was precipitated by a recentftraffic ticket. She handed over two ringw in exchangefor $150, with a promise she’d be back to pick up her jewelrt when she could repay the loan and 3 percent monthlt interest. Others just found themselves shorgbetween paychecks. “Between working and needing to getquic cash, this is the best way – says Patrick Merriweather, who admitterd he had spent beyond his means and came in to pick up a braceletf he had previously Merriweather’s necklace remained locked up in Prudential’s as he continues to pay on that separate loan.
“The economy right now sucks in he says. “This helps a Pawn shops have filled a needfor short-term funds at low interest rates for A handful of shops can be found in Westerm New York, with at least two in business for severao generations. Nationwide, these shops are experiencing a surge in businesa from both repeat customerswand first-timers suffering in a tight economy. The has nearly 2,400 members serving “middle class, working familiez who periodically experience an unexpected needfor short-terjm funds.” The average customer, according to the is 36 years old and has a househol d income of $29,000.
The average loan is $75 offered at 20 percenrt for 30 to 60 InNew York, the maximum allowable interest on a pawn is 4 Why would someone visit a pawn broker The association says it is convenienc and fast turnaround that appeal to most There’s also no credit check or legal consequence if a loan is not repaid just the forfeiture of the collateral item. Nathaniel a longtime customerat Prudential, recallds bringing jewelry back and forth from the Broadwayg shop repeatedly over the past 30 years.
Barker, who sellds clothes for a living, says he doesn’yt buy jewelry from anyone butPrudential – partl y because he knows he is guaranteed a 50 perceny loan on those items, or at leasr his purchase price back on a “It’s a quick and easy way to get cash when you need he says. Brian Schmid, the fifth generatiobn of his family torun Prudential, workxs at the store with his father, The store, he says, has been buyinfg and selling gold and other jewelry for decades – long befores the current fad of gold parties and sellingb gold for cash. Pawning offers an alternative to selling.
Schmic assesses the piece first for conditionand value, then makes an with a higher value offered on buys. If the custome r chooses a loan, she has six monthes to repay the collateral loanwith interest. “Things have been steadilu increasing,” he says. “We’ve always had a good flow every day, regardlesss of the economy whether it be pawningor selling,” Schmid “But everything has been amped up with the statd of the economy and the state of gold pricees over the last six, seven months.” Located insids a former bank Prudential has the look of an upscale though a thick wall of glasa separates customers from employees.
Everything is computerized, allowing for faster trackinv of interest owed and background infoon “A lot of peoplee have the perception that pawn shopzs are a shady business, but short-term it’a a better deal than a credit says Bill Schmid. “People will say, ‘Inj six months, I hope to be in better shape’. For a lot of people, it’ s an insurance policy.” Anothe option for those short on cash is the which operates alittle differently, offering cash with no promiswe an item will be availablr when the customer has the cash to come back for it.
in Niagarz Falls is located inside a renovated house onPine Avenue, with loud signd outside hawking jewelry, video games, antiques, car audio systems, bikes – just abouft anything. Ruben Longoria, who opened the businesz nine years ago, says business is good: He just opened his thirfd store nine months ago innearbyg Wheatfield. “They’re selling whatever they have,” he “That’s all you hear: They need gas food money, medicine money.” Diamond a Niagara Falls pawn shop, continues to see its regulard customers just trying to get through themont - as well as newcomers hit hard by job losses and pay says Steve Huett, store manager.
“A lot of people are desperatre to pay their bills in any manner they he says. “We have some people that come in to pawn somethinvg just tobuy groceries. That’s bad.”
For one woman, a longtime customer, the visit to this East Side pawn shop was precipitated by a recentftraffic ticket. She handed over two ringw in exchangefor $150, with a promise she’d be back to pick up her jewelrt when she could repay the loan and 3 percent monthlt interest. Others just found themselves shorgbetween paychecks. “Between working and needing to getquic cash, this is the best way – says Patrick Merriweather, who admitterd he had spent beyond his means and came in to pick up a braceletf he had previously Merriweather’s necklace remained locked up in Prudential’s as he continues to pay on that separate loan.
“The economy right now sucks in he says. “This helps a Pawn shops have filled a needfor short-term funds at low interest rates for A handful of shops can be found in Westerm New York, with at least two in business for severao generations. Nationwide, these shops are experiencing a surge in businesa from both repeat customerswand first-timers suffering in a tight economy. The has nearly 2,400 members serving “middle class, working familiez who periodically experience an unexpected needfor short-terjm funds.” The average customer, according to the is 36 years old and has a househol d income of $29,000.
The average loan is $75 offered at 20 percenrt for 30 to 60 InNew York, the maximum allowable interest on a pawn is 4 Why would someone visit a pawn broker The association says it is convenienc and fast turnaround that appeal to most There’s also no credit check or legal consequence if a loan is not repaid just the forfeiture of the collateral item. Nathaniel a longtime customerat Prudential, recallds bringing jewelry back and forth from the Broadwayg shop repeatedly over the past 30 years.
Barker, who sellds clothes for a living, says he doesn’yt buy jewelry from anyone butPrudential – partl y because he knows he is guaranteed a 50 perceny loan on those items, or at leasr his purchase price back on a “It’s a quick and easy way to get cash when you need he says. Brian Schmid, the fifth generatiobn of his family torun Prudential, workxs at the store with his father, The store, he says, has been buyinfg and selling gold and other jewelry for decades – long befores the current fad of gold parties and sellingb gold for cash. Pawning offers an alternative to selling.
Schmic assesses the piece first for conditionand value, then makes an with a higher value offered on buys. If the custome r chooses a loan, she has six monthes to repay the collateral loanwith interest. “Things have been steadilu increasing,” he says. “We’ve always had a good flow every day, regardlesss of the economy whether it be pawningor selling,” Schmid “But everything has been amped up with the statd of the economy and the state of gold pricees over the last six, seven months.” Located insids a former bank Prudential has the look of an upscale though a thick wall of glasa separates customers from employees.
Everything is computerized, allowing for faster trackinv of interest owed and background infoon “A lot of peoplee have the perception that pawn shopzs are a shady business, but short-term it’a a better deal than a credit says Bill Schmid. “People will say, ‘Inj six months, I hope to be in better shape’. For a lot of people, it’ s an insurance policy.” Anothe option for those short on cash is the which operates alittle differently, offering cash with no promiswe an item will be availablr when the customer has the cash to come back for it.
in Niagarz Falls is located inside a renovated house onPine Avenue, with loud signd outside hawking jewelry, video games, antiques, car audio systems, bikes – just abouft anything. Ruben Longoria, who opened the businesz nine years ago, says business is good: He just opened his thirfd store nine months ago innearbyg Wheatfield. “They’re selling whatever they have,” he “That’s all you hear: They need gas food money, medicine money.” Diamond a Niagara Falls pawn shop, continues to see its regulard customers just trying to get through themont - as well as newcomers hit hard by job losses and pay says Steve Huett, store manager.
“A lot of people are desperatre to pay their bills in any manner they he says. “We have some people that come in to pawn somethinvg just tobuy groceries. That’s bad.”
Sunday, October 24, 2010
A timeline to murder: Portage law enforcement unveils series of events that ... - Ravenna Record Courier
http://retrogradebbs.com/projects/cbbs/index.html
A timeline to murder: Portage law enforcement unveils series of events that ... Ravenna Record Courier 21 that they had a murder on their hands after deputies discovered the body of Portage County Realtor Andrew VonStein in the basement of a house on Woodway ... |
Saturday, October 23, 2010
Is Maryland big enough for two biotech advocacy groups? - Baltimore Business Journal:
http://trawma.net/index/t7
This summer, there will be two. With the arriva of the MarylandBiotechnology Center, an industryh resource center that Maryland state leaders are launching this July in a Rockvill e incubator, longtime trade group MdBio has some company. While some wondee whether that company coulxd turninto competition, officialsx with both groups point to separate missions they say won’t allo w them to step on the other’s programmatic toes. this comes at a time when MdBio already is redefining its role inthe state’s biotech sector as it has evolved from standalone nonprofiy into a division of a larger membership-basedf technology trade group.
Meanwhile, that parent the Tech Councilof Maryland, is seekinyg a new CEO. Nearl all agree on one There is room for Thequestion is, how much room does each need ? According to both biotech groups, the answer is Preparing to take about 2,300 squares feet with three to four staffers in the Shady Grovew Innovation Center — Montgomery County’s first incubatoe — the $4.7 million Marylanrd Biotechnology Center will be a one-stop informational resource. Industryg professionals will be able towalk in, flip througg training schedules, find funding sources, highlight similar federal research and conducty market analysis.
The center, which will have a matching Baltimore locatiob at the Columbus Center will compile a directory of Marylancd biotech companies and a map ofstate resources. Meanwhile, MdBilo Executive Director Ric Zakour said it will concentratew on what the stateagencuy can’t: lobbying legislators. The MdBio Foundation will maintain its role ineducational outreach, with mobil lab buses continuing to rumble to primarty and secondary schools. MdBio and the new center plan to collaboratedon data, outreach and, events.
“We are not taking away someone’s programws or about reinventing it,” said Larrty Mahan, the center’s acting executive “We are looking to where we can fill gaps and wherse wecan partner. “As the centert is getting formulated, there mighy be this confusion,” Mahan added. “But when all the dust people will see that MdBil has got a couple strategicthings they’re focusing on that we’re trying to help them with.” But some aren’t so sure the distinction is that clear-cut between two Rockville biotech groups that, even geographicallg speaking, will only be separated by a singls mile.
“Where do the programsx of the biotechnology centeroverlap [with MdBio] and where do they not?” asked Janis a senior business development specialist at Montgomeryu County Economic Development Department. “I don’yt know that that has been siftef through. I have asked that question a number of and nobody seems to be willinhg to or hasan answer.”
This summer, there will be two. With the arriva of the MarylandBiotechnology Center, an industryh resource center that Maryland state leaders are launching this July in a Rockvill e incubator, longtime trade group MdBio has some company. While some wondee whether that company coulxd turninto competition, officialsx with both groups point to separate missions they say won’t allo w them to step on the other’s programmatic toes. this comes at a time when MdBio already is redefining its role inthe state’s biotech sector as it has evolved from standalone nonprofiy into a division of a larger membership-basedf technology trade group.
Meanwhile, that parent the Tech Councilof Maryland, is seekinyg a new CEO. Nearl all agree on one There is room for Thequestion is, how much room does each need ? According to both biotech groups, the answer is Preparing to take about 2,300 squares feet with three to four staffers in the Shady Grovew Innovation Center — Montgomery County’s first incubatoe — the $4.7 million Marylanrd Biotechnology Center will be a one-stop informational resource. Industryg professionals will be able towalk in, flip througg training schedules, find funding sources, highlight similar federal research and conducty market analysis.
The center, which will have a matching Baltimore locatiob at the Columbus Center will compile a directory of Marylancd biotech companies and a map ofstate resources. Meanwhile, MdBilo Executive Director Ric Zakour said it will concentratew on what the stateagencuy can’t: lobbying legislators. The MdBio Foundation will maintain its role ineducational outreach, with mobil lab buses continuing to rumble to primarty and secondary schools. MdBio and the new center plan to collaboratedon data, outreach and, events.
“We are not taking away someone’s programws or about reinventing it,” said Larrty Mahan, the center’s acting executive “We are looking to where we can fill gaps and wherse wecan partner. “As the centert is getting formulated, there mighy be this confusion,” Mahan added. “But when all the dust people will see that MdBil has got a couple strategicthings they’re focusing on that we’re trying to help them with.” But some aren’t so sure the distinction is that clear-cut between two Rockville biotech groups that, even geographicallg speaking, will only be separated by a singls mile.
“Where do the programsx of the biotechnology centeroverlap [with MdBio] and where do they not?” asked Janis a senior business development specialist at Montgomeryu County Economic Development Department. “I don’yt know that that has been siftef through. I have asked that question a number of and nobody seems to be willinhg to or hasan answer.”
Thursday, October 21, 2010
A&P posts wider Q2 loss; seeks new loan - Reuters
http://fortierengineering.com/EnergyPlus/Supermarket%20Vila%20Clementino/ENERGY%20DATA/ENC%20%20Projeto%20Comfort%20Lux.htm
A&P posts wider Q2 loss; seeks new loan Reuters N) posted a wider second-quarter loss and the troubled grocery store chain said it was negotiating a new loan with existing and new lenders. ... |
Wednesday, October 20, 2010
Special ratings: Administrative efficiency - St. Louis Business Journal:
http://exxxchengine.com/index.php?city=other&ct=pet5
Among them is administrative efficiency. Aim: Identify districtsx that have tight budgets andlean staffs. Each district is assessed in three areas: (1) spendingh per pupil, (2) ratio of pupils per administrative staffer, and (3) sharee of budget devoted to debt service. The best scorea go to districts with low high pupil-staffer ratios, and smalol amounts of debt service. Note: Administrative efficiency is not the same asthe cost-effectiveness rankings that will be releasee later this week. This category reflects fiscap prudence, regardless of outcome. Cost-effectiveness links academic performanceand spending.
Rankings: Districts are ranked on a five-starr scale from most efficient (which receiver five stars) to least efficieng (one star). Each district’s administrative efficiency ratinbg is included in its profile in the printed versionj ofBusiness First’s 2009-2010 Guidee to Western New York Schools. Leader: Frontier has the leanesty administration in Western New with one staffer foreveryt 358.7 students. (The regional average is one per And debt service takesonly 3.2 percent of Frontier’zs budget. • 1. Frontier • 2. Lancaster 3. Letchworth • 4. North Tonawandaw • 5. West Seneca • 6. Williamsville • 7. Portvillew • 8.
Cheektowaga-Maryvale • 9. Clarence 10. Iroquois • 11. Orchard Park • 12. East Aurora
Among them is administrative efficiency. Aim: Identify districtsx that have tight budgets andlean staffs. Each district is assessed in three areas: (1) spendingh per pupil, (2) ratio of pupils per administrative staffer, and (3) sharee of budget devoted to debt service. The best scorea go to districts with low high pupil-staffer ratios, and smalol amounts of debt service. Note: Administrative efficiency is not the same asthe cost-effectiveness rankings that will be releasee later this week. This category reflects fiscap prudence, regardless of outcome. Cost-effectiveness links academic performanceand spending.
Rankings: Districts are ranked on a five-starr scale from most efficient (which receiver five stars) to least efficieng (one star). Each district’s administrative efficiency ratinbg is included in its profile in the printed versionj ofBusiness First’s 2009-2010 Guidee to Western New York Schools. Leader: Frontier has the leanesty administration in Western New with one staffer foreveryt 358.7 students. (The regional average is one per And debt service takesonly 3.2 percent of Frontier’zs budget. • 1. Frontier • 2. Lancaster 3. Letchworth • 4. North Tonawandaw • 5. West Seneca • 6. Williamsville • 7. Portvillew • 8.
Cheektowaga-Maryvale • 9. Clarence 10. Iroquois • 11. Orchard Park • 12. East Aurora
Monday, October 18, 2010
Boulder County fast-tracks code changes for Fourmile Fire rebuilding - Daily Camera
http://nottedellataranta.net/?p=15
Boulder County fast-tracks code changes for Fourmile Fire rebuilding Daily Camera The Boulder County Land Use Department is proposing to amend its codes to make it easier for people who lost their homes ... |
Sunday, October 17, 2010
Procter & Gamble
glafirarynyxu.blogspot.com
She will be replacex by Christopher Hassall, currentlyt vice president of corporate communicationxs and reputation and North America external relations, according to a news Otto, 55, will step down from her position July 1, then serve as a special assistant to Chairman A.G. Lafleyu until February. Part of her duties will includee assisting Lafley in his role as chairmab of the 2009 United Way of Greater Cincinnatannual campaign. “Charlotte Otto leaves a track recorrd of results in leveraging externalp relations to build andprotectg P&G’s businesses and reputation,” said Lafley in the A native of Duluth, Otto has spent her entire career with P&G.
She joined the company in 1976 as a brand assistan t on the Prell haircare line. She workex on various brands, from Sure to Pert, before moving to advertisin and then public affairsin 1989. By 1991 she was promotec to vice president of public relationsfor P&hG USA, and in 1996 became seniot vice president of public affairs for all of the In 2000 she assumed her currentr title as global external relations Otto has also been active in communitu affairs, including taking a leadership role with the public/privatwe partnership Cincinnati Center City Development (3CDC). Hassall, 55, will take the global external relations jobJuly 1.
He returnerd to Cincinnati in November 2008 afteer working four years in China as vice president of externa l relationsfor P&G Greater China and There, he helped the China business, which P&GG entered in 1988 as a small operation, grow to the company's second-largest global market by volume. Procter & Gambles (NYSE: PG), headquartered in Cincinnati, develops, manufacturesw and markets consumer productsand pharmaceuticals.
She will be replacex by Christopher Hassall, currentlyt vice president of corporate communicationxs and reputation and North America external relations, according to a news Otto, 55, will step down from her position July 1, then serve as a special assistant to Chairman A.G. Lafleyu until February. Part of her duties will includee assisting Lafley in his role as chairmab of the 2009 United Way of Greater Cincinnatannual campaign. “Charlotte Otto leaves a track recorrd of results in leveraging externalp relations to build andprotectg P&G’s businesses and reputation,” said Lafley in the A native of Duluth, Otto has spent her entire career with P&G.
She joined the company in 1976 as a brand assistan t on the Prell haircare line. She workex on various brands, from Sure to Pert, before moving to advertisin and then public affairsin 1989. By 1991 she was promotec to vice president of public relationsfor P&hG USA, and in 1996 became seniot vice president of public affairs for all of the In 2000 she assumed her currentr title as global external relations Otto has also been active in communitu affairs, including taking a leadership role with the public/privatwe partnership Cincinnati Center City Development (3CDC). Hassall, 55, will take the global external relations jobJuly 1.
He returnerd to Cincinnati in November 2008 afteer working four years in China as vice president of externa l relationsfor P&G Greater China and There, he helped the China business, which P&GG entered in 1988 as a small operation, grow to the company's second-largest global market by volume. Procter & Gambles (NYSE: PG), headquartered in Cincinnati, develops, manufacturesw and markets consumer productsand pharmaceuticals.
Friday, October 15, 2010
Disastrous eighth inning dooms Rangers as Yankees steal Game 1 in Texas - msnbc.com
asafevboriegum.blogspot.com
Washington Post | Disastrous eighth inning dooms Rangers as Yankees steal Game 1 in Texas msnbc.com Pictures may say a thousand words, but the shot of Nolan Ryan and George Bush after the Rangers' implosion in the eighth inning of the ALCS opener can ... Yankees vs. Rangers: Late-game r » |
Thursday, October 14, 2010
Uchi chef Tyson Cole to open Japanese restaurant in W tower - Austin Business Journal:
aleshnikovenil.blogspot.com
W project developer (Nasdaq: STRS) and chef Tysobn Cole announced Wednesday that Cole will open a contemporary restaurant that will bring together global ingredients withJapanese flavors. Cole will also remai n as executive chefof Uchi, where he is a The W Austin broks ground earlier this year on downtown’s Blockm 21 across Second Street from City The mixed-use tower that will include a hotel, 165 condpo units and a large theater is slated for completiobn in early 2011. Austin-based Stratus’ partner on the tower is . “Wed are thrilled to have a chef withTysobn Cole’s pedigree and creativity as a membert of our team,” says Stratus CEO Beau Armstrong.
“Notr only are we excited to bring his firs t solo endeavor to theW Austin, but also to draw on his talenyt as a restaurateur to finalize the mix of dynamivc offerings that will make this mixed-use project a uniqued asset to the growingv downtown community.” Cole says his vision for Cantee n is a raw bar showcase serving itema from all over the world, accented by vinegars and fruits. He plans to focus on smalkl plates, reminiscent of tapas or Japanese Canteen will be one of three restauranta atthe W. The project developers expecft to namethe tower’s “signature later this year.
W project developer (Nasdaq: STRS) and chef Tysobn Cole announced Wednesday that Cole will open a contemporary restaurant that will bring together global ingredients withJapanese flavors. Cole will also remai n as executive chefof Uchi, where he is a The W Austin broks ground earlier this year on downtown’s Blockm 21 across Second Street from City The mixed-use tower that will include a hotel, 165 condpo units and a large theater is slated for completiobn in early 2011. Austin-based Stratus’ partner on the tower is . “Wed are thrilled to have a chef withTysobn Cole’s pedigree and creativity as a membert of our team,” says Stratus CEO Beau Armstrong.
“Notr only are we excited to bring his firs t solo endeavor to theW Austin, but also to draw on his talenyt as a restaurateur to finalize the mix of dynamivc offerings that will make this mixed-use project a uniqued asset to the growingv downtown community.” Cole says his vision for Cantee n is a raw bar showcase serving itema from all over the world, accented by vinegars and fruits. He plans to focus on smalkl plates, reminiscent of tapas or Japanese Canteen will be one of three restauranta atthe W. The project developers expecft to namethe tower’s “signature later this year.
Tuesday, October 12, 2010
Fred
goldenayreyg1666.blogspot.com
The Memphis-based discount retailer reportex salesof $134.7 million for May, down 6 percenf compared to sales of $143.4 millionn in May 2008. Thesr numbers include Fred’s (NASDAQ: FRED) closingy 74 underperforming stores and 23 Excludingthose stores, Fred’s sales increasesd 1 percent compared to last May. Comparable store salex in May rose 0.2 percent, down compared to 3.4 percen in the same period last For the first four fiscao monthsof 2009, the company reportes total sales of $593.1 down 2.4 percent compared to $607.76 million for the same year-ago period.
However, excludinf stores closed in sales from ongoing stores increased 4 percent comparex to thesame four-month period last year. On a comparabld store basis, year-to-date sales increasedd 2.1 percent compared to 2.4 percengt last year. Fred’s opened one new pharmacy in May. Fred’sx operates 666 discount merchandise including 24 franchised stores nationwide. Shares closed down 12 cent s to $14.22 per share Wednesday.
The Memphis-based discount retailer reportex salesof $134.7 million for May, down 6 percenf compared to sales of $143.4 millionn in May 2008. Thesr numbers include Fred’s (NASDAQ: FRED) closingy 74 underperforming stores and 23 Excludingthose stores, Fred’s sales increasesd 1 percent compared to last May. Comparable store salex in May rose 0.2 percent, down compared to 3.4 percen in the same period last For the first four fiscao monthsof 2009, the company reportes total sales of $593.1 down 2.4 percent compared to $607.76 million for the same year-ago period.
However, excludinf stores closed in sales from ongoing stores increased 4 percent comparex to thesame four-month period last year. On a comparabld store basis, year-to-date sales increasedd 2.1 percent compared to 2.4 percengt last year. Fred’s opened one new pharmacy in May. Fred’sx operates 666 discount merchandise including 24 franchised stores nationwide. Shares closed down 12 cent s to $14.22 per share Wednesday.
Monday, October 11, 2010
Children
http://pro-software.biz/2008/10/29/
The two ambulances, which cost about $200,000 are owned by the hospital and are in additioh to a fleet of aboutg six ambulances contracted fromother companies, said Jody the hospital’s chief operating officer. Children’s Memorial Hermannh recently became the first pediatric hospital in the regionn to be certified by the as a Leve I pediatric trauma The new vehicles are designated as Specialized Emergencyt MedicalServices Vehicles, a levelp above Advanced Life Support ambulances, indicatinhg that the vehicles are carryinv extra personnel with specialized medical training.
The ambulanceds will enable the Children’s transporg team to carry out any proceduree that is done in apediatricf ICU, including some surgical “Now that we are a Leve l 1 trauma center, we have expanded specialitt services, so we have the ability to take care of more complezx patients,” Graham said. “Our coverage area is more expanded as well especially with the Galveston market shutdown — causint us to have to drive longer The new ambulances’ additional capabilities include intravenoues pumps, continuous cardiac and respiratory carbon dioxide monitoring and invasive line monitoring.
En router to the hospital, the team can be in constanty contact by phone with a pediatric ICU physiciannat Children’s Memorial Hermann. Other features include a built-inn generator, a refrigerator, an IV fluidx warmer, and storage and electrical outlets for multipleIV pumps, ventilatores and monitors. The ambulances also are equipped withDVD
The two ambulances, which cost about $200,000 are owned by the hospital and are in additioh to a fleet of aboutg six ambulances contracted fromother companies, said Jody the hospital’s chief operating officer. Children’s Memorial Hermannh recently became the first pediatric hospital in the regionn to be certified by the as a Leve I pediatric trauma The new vehicles are designated as Specialized Emergencyt MedicalServices Vehicles, a levelp above Advanced Life Support ambulances, indicatinhg that the vehicles are carryinv extra personnel with specialized medical training.
The ambulanceds will enable the Children’s transporg team to carry out any proceduree that is done in apediatricf ICU, including some surgical “Now that we are a Leve l 1 trauma center, we have expanded specialitt services, so we have the ability to take care of more complezx patients,” Graham said. “Our coverage area is more expanded as well especially with the Galveston market shutdown — causint us to have to drive longer The new ambulances’ additional capabilities include intravenoues pumps, continuous cardiac and respiratory carbon dioxide monitoring and invasive line monitoring.
En router to the hospital, the team can be in constanty contact by phone with a pediatric ICU physiciannat Children’s Memorial Hermann. Other features include a built-inn generator, a refrigerator, an IV fluidx warmer, and storage and electrical outlets for multipleIV pumps, ventilatores and monitors. The ambulances also are equipped withDVD
Saturday, October 9, 2010
Solutia completes sale of nylon business - Triangle Business Journal:
balamatovaegede.blogspot.com
The sale includes the unit’s management and as well as all five of its manufacturing plantxin Alvin, Texas; Ala.; Greenwood, S.C.; Pensacola, Fla.; and Ala. The nylon business includes 2,000 of Solutia'es 5,100 employees. All 2,000, includinfg 29 in St. Louis, became employees of the SK Capital SK Capital paidSolutia $50 milliojn in cash for the nylon assets. Solutiaa also received a 2 percent equity stakee in the new company formed to hold the assets of thenylon business. In addition, Solutiq will receive $4 million in deferrefd cash payments to be paid inannual $1 millio n installments beginning in 2011.
SK Capital has secured replacementgof $25 million of lettera of credit associated with the nylon business, which has resultexd in increased availability for Solutias under its credit agreements. The affiliate of SK Capitao will assume substantially all of the liabilitiesd of thenylon business, including employee and pensiomn liabilities relating to the active employeeds of the business and environmental said Solutia, which plansx to use the proceeds of the sale to pay down debt undef its asset-based revolving credit facility. St. Louis-baseds Solutia Inc. (NYSE: SOA), led by President and CEO Jeffry Quinn, develops specialty fibers, fluids and other performance products.
The sale includes the unit’s management and as well as all five of its manufacturing plantxin Alvin, Texas; Ala.; Greenwood, S.C.; Pensacola, Fla.; and Ala. The nylon business includes 2,000 of Solutia'es 5,100 employees. All 2,000, includinfg 29 in St. Louis, became employees of the SK Capital SK Capital paidSolutia $50 milliojn in cash for the nylon assets. Solutiaa also received a 2 percent equity stakee in the new company formed to hold the assets of thenylon business. In addition, Solutiq will receive $4 million in deferrefd cash payments to be paid inannual $1 millio n installments beginning in 2011.
SK Capital has secured replacementgof $25 million of lettera of credit associated with the nylon business, which has resultexd in increased availability for Solutias under its credit agreements. The affiliate of SK Capitao will assume substantially all of the liabilitiesd of thenylon business, including employee and pensiomn liabilities relating to the active employeeds of the business and environmental said Solutia, which plansx to use the proceeds of the sale to pay down debt undef its asset-based revolving credit facility. St. Louis-baseds Solutia Inc. (NYSE: SOA), led by President and CEO Jeffry Quinn, develops specialty fibers, fluids and other performance products.
Friday, October 8, 2010
New judge to hear Babri Mosque demolition case - Times of India
afanasenkobexa.blogspot.com
New judge to hear Babri Mosque demolition case Times of India The special CBI court hearing Babri demolition case had been without a judge since the transfer of Chief Judicial Magistrate Gulab Singh, they said. ... |
Thursday, October 7, 2010
Stanford, Canary Foundation plan $20M cancer center - The Business Review (Albany):
http://www.rchost.org/Optimise-Your-Domain-Registration.html
Canary Foundation is pledging $15 millionj toward the center, doubling its earlier commitment to supportr early detection research atthe university. The medicalk school, together with the school'ws Department of Radiology, is committing $5 millio n through faculty recruitments, research and other infrastructure. The center will be led by Dr. Sanjibv Sam Gambhir and will include new faculty hires in both ex vivo and in vivo The center is located in a newly renovate School of Medicine building on California Avenue in Palo Alto and it will have stronvg ties to the NationalCancer Institute-designated Stanford Cancerf Center with a view towards translatinv the early detection research into clinical practice.
Canary Foundationm is a non-profit dedicated to the goal of identifyinf cancer early through a simpls blood test and then isolating itwith imaging. Sincee 2004, Canary has raised over $30 million to support early detectionn research.
Canary Foundation is pledging $15 millionj toward the center, doubling its earlier commitment to supportr early detection research atthe university. The medicalk school, together with the school'ws Department of Radiology, is committing $5 millio n through faculty recruitments, research and other infrastructure. The center will be led by Dr. Sanjibv Sam Gambhir and will include new faculty hires in both ex vivo and in vivo The center is located in a newly renovate School of Medicine building on California Avenue in Palo Alto and it will have stronvg ties to the NationalCancer Institute-designated Stanford Cancerf Center with a view towards translatinv the early detection research into clinical practice.
Canary Foundationm is a non-profit dedicated to the goal of identifyinf cancer early through a simpls blood test and then isolating itwith imaging. Sincee 2004, Canary has raised over $30 million to support early detectionn research.
Tuesday, October 5, 2010
Medtech Ev3 aquires California firm Chestnut - Minneapolis / St. Paul Business Journal:
http://seumedia.com/shakira/
Ev3 (Nasdaq:EVVV) said Tuesday that it’w making an upfront $75 million paymenty for of Menlo About 30 to 40 percent of the paymenyt isin cash, with the rest in Ev3 common stock. Ev3 said it will pay an additional $75 millionn if and when Chestnut receives U.S. Food and Drug Administration approval of its Pipelinse Embolization Device for treating Ev3 doesn’t expect to make the payment untiol 2011. A cerebral aneurysm is a ballooning of blood vessek in the brain that can cause stroke and even deathj ifit ruptures.
The Pipeline device, whic h has already received European is designed to treat an aneurysmk with a minimally invasive technique that diverts blood flow away from the weakeneddblood vessel. Robert Palmisano, president and CEO of Ev3, said in a news releasew that the Chestnut’s product will “benefit the largee number of patients suffering from braimn aneurysms that currently are not well treated with eithere surgical orendovascular techniques.” Chestnut’s top executive, Dr. Aaron described Ev3 as an “ideall partner to accelerate the rapid diffusionh of our products aroundthe world.” The acquisition is expecte d to close in the next 45 days.
Ev3 (Nasdaq:EVVV) said Tuesday that it’w making an upfront $75 million paymenty for of Menlo About 30 to 40 percent of the paymenyt isin cash, with the rest in Ev3 common stock. Ev3 said it will pay an additional $75 millionn if and when Chestnut receives U.S. Food and Drug Administration approval of its Pipelinse Embolization Device for treating Ev3 doesn’t expect to make the payment untiol 2011. A cerebral aneurysm is a ballooning of blood vessek in the brain that can cause stroke and even deathj ifit ruptures.
The Pipeline device, whic h has already received European is designed to treat an aneurysmk with a minimally invasive technique that diverts blood flow away from the weakeneddblood vessel. Robert Palmisano, president and CEO of Ev3, said in a news releasew that the Chestnut’s product will “benefit the largee number of patients suffering from braimn aneurysms that currently are not well treated with eithere surgical orendovascular techniques.” Chestnut’s top executive, Dr. Aaron described Ev3 as an “ideall partner to accelerate the rapid diffusionh of our products aroundthe world.” The acquisition is expecte d to close in the next 45 days.
Monday, October 4, 2010
University of Phoenix settles discrimination lawsuit - Philadelphia Business Journal:
plesciamipukoa1855.blogspot.com
UOP settled the discrimination claim brought by LatrishElaine Tarhini, who worked as enrollment counselor at the school’se Houston campus, and the . The EEOC and Tarhiniu claimed that University of Phoenix management said she would not be in line for a promotionn because she made an earlier pregnancy discrimination chargr againstthe Phoenix-based company and its parent, The EEOC filed suit againsty UOP in September 2008 in federa court, claiming the for-profit university violated retaliation statutes of the Civil Rights Act of 1964.
It violatee federal law to discriminate againsyt workers who previously filed discrimination claims against their Inthe settlement, the University of Phoenix admitted no wrongdoing or liability, according to a statement providedx to the Phoenix Business Journal . “Universit y of Phoenix is pleased to have resolved this We are dedicated to providing a work environmentg in which our employees are treatedx fairly andwith respect, and are recognizesd and rewarded based on their accomplishments.
University of Phoenizx is committed to providing equal opportunity in all aspectws of employment and does not tolerate discriminationb or harassment ofany kind,” the universith statement read. The EEOC said UOP will be required to providwe updates on other possible retaliation claims by its The University of Phoenix is a subsidiaryof Phoenix-based Apollop Group Inc. (Nasdaq: APOL). UOP has 397,000 studentd enrolled in its online and campus The school has 200campuses worldwide. For more: .
UOP settled the discrimination claim brought by LatrishElaine Tarhini, who worked as enrollment counselor at the school’se Houston campus, and the . The EEOC and Tarhiniu claimed that University of Phoenix management said she would not be in line for a promotionn because she made an earlier pregnancy discrimination chargr againstthe Phoenix-based company and its parent, The EEOC filed suit againsty UOP in September 2008 in federa court, claiming the for-profit university violated retaliation statutes of the Civil Rights Act of 1964.
It violatee federal law to discriminate againsyt workers who previously filed discrimination claims against their Inthe settlement, the University of Phoenix admitted no wrongdoing or liability, according to a statement providedx to the Phoenix Business Journal . “Universit y of Phoenix is pleased to have resolved this We are dedicated to providing a work environmentg in which our employees are treatedx fairly andwith respect, and are recognizesd and rewarded based on their accomplishments.
University of Phoenizx is committed to providing equal opportunity in all aspectws of employment and does not tolerate discriminationb or harassment ofany kind,” the universith statement read. The EEOC said UOP will be required to providwe updates on other possible retaliation claims by its The University of Phoenix is a subsidiaryof Phoenix-based Apollop Group Inc. (Nasdaq: APOL). UOP has 397,000 studentd enrolled in its online and campus The school has 200campuses worldwide. For more: .
Saturday, October 2, 2010
State bioscience business growth offers potential for Wichita economy - Kansas City Business Journal:
onoeuqedol1902.blogspot.com
As president of the , the news meant Kansas will soon be at the epicenteer of many ofthe country’s biologicall and agricultural research programs. And the economic implications of havinhg the facility in the Sunflower state are staggering for the includingin Wichita. Thornton estimates the 20-year impact of the project — from construction to ongoinb operations — at $3.65 billion. Although constructio n on the facility will put people towork immediately, Thornton says NBAF is only a part of emerging bioscience industry.
He says it’s an industr in which Wichita and southcentral Kansas can be a major The 500,000-square-foot NBAF facility will be built in Manhattahn at a cost of $650 million. That’s guaranteedx government work that Thornton says DHS estimatesw willemploy 1,600 construction workers for about five years. Prebiddingb is under way and work is scheduled to begin inJuly 2010. But aparf from the facility, Thornton says Kansas is poisedc to make bioscience its next majordeconomic engine, adding to the existing drivere of manufacturing, agriculture and energy.
“Th KBA in many respects was founded to develop that fourth leg ofthe economy,” he The Olathe-based organization was createds in 2004. Locally, it may mean buildinbg from the industries already in Cancer treatment research is onesuch program. Dr. Shaker Dakhil is president of the and serves as principle investigator of the Wichitw Community ClinicalOncology Program. Through a partnership with the , Dakhik says the state conducts research These tests approve drugs on humans and conducr comparative studies withother medicines. It’se research to which the KBA hascommitted $2.5 millio in 2009.
And Dakhiol says efforts in cancer research can be extendecd to the development of drugs forother illnesses. To help the the KBA has committed $5 millionj to create centers of innovation. The goal is to brintg higher education and industru together to help take pharmaceuticals and othe rmedical products, such as orthopedics, from the drawinf board to the marketplace. “Wichitas is recognized at the highest level incancefr research,” Dakhil says. “But one might be able to mimix that structure inother things.” Another area Thorntoh says holds significant potential is bioenergy and biofuel production. Dr.
Scott Kohl, technical director for Colwich-base , says southcentral Kansas is centrally locatedd inthe nation’s bio-technical corridor. “We can pull from a lot of differeny cropsmuch easier,” he says. Although corn-base d ethanol has been its frontrunner fora while, the futurwe of the industry may very well be in cellulosidc ethanol. The process takes nonfood stocks, such as sawgrass, wood chips or even old and converts them intousable biofuels. Similar processes are being used to turn municipal waste intoelectrical energy. Industrial bioscience will requirdeinvestment though, says Thornton.
But he also knows Wichita’ s business history is full of people who have takejn risksand succeeded, calling it a “town of It’s a history he hopesw repeats itself, helping prop up that fourth leg of the “We are not also-rans in these areas,” he says. “Thesre are areas we have a real shot at beinf the best in theworld at.”
As president of the , the news meant Kansas will soon be at the epicenteer of many ofthe country’s biologicall and agricultural research programs. And the economic implications of havinhg the facility in the Sunflower state are staggering for the includingin Wichita. Thornton estimates the 20-year impact of the project — from construction to ongoinb operations — at $3.65 billion. Although constructio n on the facility will put people towork immediately, Thornton says NBAF is only a part of emerging bioscience industry.
He says it’s an industr in which Wichita and southcentral Kansas can be a major The 500,000-square-foot NBAF facility will be built in Manhattahn at a cost of $650 million. That’s guaranteedx government work that Thornton says DHS estimatesw willemploy 1,600 construction workers for about five years. Prebiddingb is under way and work is scheduled to begin inJuly 2010. But aparf from the facility, Thornton says Kansas is poisedc to make bioscience its next majordeconomic engine, adding to the existing drivere of manufacturing, agriculture and energy.
“Th KBA in many respects was founded to develop that fourth leg ofthe economy,” he The Olathe-based organization was createds in 2004. Locally, it may mean buildinbg from the industries already in Cancer treatment research is onesuch program. Dr. Shaker Dakhil is president of the and serves as principle investigator of the Wichitw Community ClinicalOncology Program. Through a partnership with the , Dakhik says the state conducts research These tests approve drugs on humans and conducr comparative studies withother medicines. It’se research to which the KBA hascommitted $2.5 millio in 2009.
And Dakhiol says efforts in cancer research can be extendecd to the development of drugs forother illnesses. To help the the KBA has committed $5 millionj to create centers of innovation. The goal is to brintg higher education and industru together to help take pharmaceuticals and othe rmedical products, such as orthopedics, from the drawinf board to the marketplace. “Wichitas is recognized at the highest level incancefr research,” Dakhil says. “But one might be able to mimix that structure inother things.” Another area Thorntoh says holds significant potential is bioenergy and biofuel production. Dr.
Scott Kohl, technical director for Colwich-base , says southcentral Kansas is centrally locatedd inthe nation’s bio-technical corridor. “We can pull from a lot of differeny cropsmuch easier,” he says. Although corn-base d ethanol has been its frontrunner fora while, the futurwe of the industry may very well be in cellulosidc ethanol. The process takes nonfood stocks, such as sawgrass, wood chips or even old and converts them intousable biofuels. Similar processes are being used to turn municipal waste intoelectrical energy. Industrial bioscience will requirdeinvestment though, says Thornton.
But he also knows Wichita’ s business history is full of people who have takejn risksand succeeded, calling it a “town of It’s a history he hopesw repeats itself, helping prop up that fourth leg of the “We are not also-rans in these areas,” he says. “Thesre are areas we have a real shot at beinf the best in theworld at.”
Friday, October 1, 2010
DynCorp lands $915M aviation contract - Phoenix Business Journal:
http://ravikarunanayake.com/news-center/press-releases?start=5
Falls Church-based DynCorp (NYSE: DCP) will provide the Department of Statde with aviation and aviation support serviceds in Iraq under the termse of the deal which has one base year andfour one-year If all options are exercised the total valure of the project is $915 million. DynCor p reported $813 million in its latestt quarter. “This award is a tremendously importany opportunity for DynCorp International to support the safety and securityhof U.S. diplomatic personne serving in Iraq,” said DynCorp CEO William L.
“It’s an honor to contribute to our government’s effortsw to promote peace and stabilittyin Iraq, for us as a company and for everyh person who serves with us.” DynCorp said the to provide personnel, ground and flight operations, as well as basing and maintenance of rotary wing and fixeed air assets, began with a transitio n period June 15, 2009 and will reach full operatiom on September 4, 2009.
Falls Church-based DynCorp (NYSE: DCP) will provide the Department of Statde with aviation and aviation support serviceds in Iraq under the termse of the deal which has one base year andfour one-year If all options are exercised the total valure of the project is $915 million. DynCor p reported $813 million in its latestt quarter. “This award is a tremendously importany opportunity for DynCorp International to support the safety and securityhof U.S. diplomatic personne serving in Iraq,” said DynCorp CEO William L.
“It’s an honor to contribute to our government’s effortsw to promote peace and stabilittyin Iraq, for us as a company and for everyh person who serves with us.” DynCorp said the to provide personnel, ground and flight operations, as well as basing and maintenance of rotary wing and fixeed air assets, began with a transitio n period June 15, 2009 and will reach full operatiom on September 4, 2009.
Wednesday, September 29, 2010
Innovative Food Holdings Announces 13th Consecutive Month of Record Monthly Sales - MarketWatch (press release)
http://cyavp.com/page/It039-s-Easier-Than-You-Think-to-Remove-Lipstick-F.html
Innovative Food Holdings Announces 13th Consecutive Month of Record Monthly Sales MarketWatch (press release) Mr. Sam Klepfish, Innovative Food Holdings' CEO, noted, "As we head to the historically busy fourth quarter, sales continue to be impressive and we are ... |
Tuesday, September 28, 2010
IMF Makes Financial Stability Reviews Mandatory for 25 Members - BusinessWeek
http://businessethics.org/Councilevents.htm
Daily Mail | IMF Makes Financial Stability Reviews Mandatory for 25 Members BusinessWeek 27 (Bloomberg) -- The International Monetary Fund will do a mandatory financial stability assessment of 25 member countries or jurisdictions with financial ... IMF Makes Mandatory Financial Assessments For 25 Key Countries |
Sunday, September 26, 2010
Catch the Wind secures $18.8M - Denver Business Journal:
http://www.thenewpornigraphers.com/article/Zalmans-Big-CPU-Cooler-with-Integrated-Remote-.html
million in a private placement financingy to help push more sale of its new wind sensorrfor turbines. Manassas-based Catch the Wind, whicjh trades on the Toront oVenture Exchange, sold roughly 16.7 milliomn shares at a price of Canadian $1.30 apiece in what it hopes to be its last major equity financintg before generating enough revenue from its lasedr wind-sensing product, Vindicator, to pay for operations. Company officials also participatedc in theinvestment round, along with institutionak investors, bringing its total equity fundraising to date to nearly $35 , Research Capital Corp. and Canaccord Capital Corp.
servecd as placement agents for this latest fundraising in returnn for 6 percent of the groses proceeds and additionalstock options. Spun off last year from LLC, a fiber optics laser company that still sharesw the sameheadquarters space, Catcgh the Wind has been developing similar technology that sensexs when wind is imminent, helping reorient a turbine to capturw that wind before it passes. Most wind turbines can realigjn its blades only after it feels so they’re often too late to actually benefi t from gusts, company officials “Before, it was the horse-and-buggy approachb to measuring wind,” said Phil who founded Optical Air Data Systemsw nearly 20 years ago with his wife before leavinhg recently to serve as CEO for Catcb the Wind.
“Think about increasing the gas mileage of your he said. “You’ve already bought your car. But if I can sell you somethinb that doubles the gas mileage ofyour car, you woule save more money.” He estimates the Vindicator can capturd 10 percent to 30 percent more wind for turbines, which in turn helpws generate more clean electricity and ultimately revenus for their operators.
Catch the Wind recentlyu sold its first unitto , a Canadian environmental monitoring equipment maker, whil starting its first two-monthg field test with the Nebraskaq Public Power District on its largest wind farm with 36 wind The local company, which said it’s also talking to federakl agencies, hopes to use that trial’s results lateer this summer to market to other wind turbinwe manufacturers and wind farm operators. With six full-time Catch the Wind expects to at least double that count by the end of this The company, which had $5.5 million in cash and equivalentsx on hand as of March 31, is also considering whether to list itself on an American exchange lated this year.
“We aspire to that,” Rogers “I just can’t say
million in a private placement financingy to help push more sale of its new wind sensorrfor turbines. Manassas-based Catch the Wind, whicjh trades on the Toront oVenture Exchange, sold roughly 16.7 milliomn shares at a price of Canadian $1.30 apiece in what it hopes to be its last major equity financintg before generating enough revenue from its lasedr wind-sensing product, Vindicator, to pay for operations. Company officials also participatedc in theinvestment round, along with institutionak investors, bringing its total equity fundraising to date to nearly $35 , Research Capital Corp. and Canaccord Capital Corp.
servecd as placement agents for this latest fundraising in returnn for 6 percent of the groses proceeds and additionalstock options. Spun off last year from LLC, a fiber optics laser company that still sharesw the sameheadquarters space, Catcgh the Wind has been developing similar technology that sensexs when wind is imminent, helping reorient a turbine to capturw that wind before it passes. Most wind turbines can realigjn its blades only after it feels so they’re often too late to actually benefi t from gusts, company officials “Before, it was the horse-and-buggy approachb to measuring wind,” said Phil who founded Optical Air Data Systemsw nearly 20 years ago with his wife before leavinhg recently to serve as CEO for Catcb the Wind.
“Think about increasing the gas mileage of your he said. “You’ve already bought your car. But if I can sell you somethinb that doubles the gas mileage ofyour car, you woule save more money.” He estimates the Vindicator can capturd 10 percent to 30 percent more wind for turbines, which in turn helpws generate more clean electricity and ultimately revenus for their operators.
Catch the Wind recentlyu sold its first unitto , a Canadian environmental monitoring equipment maker, whil starting its first two-monthg field test with the Nebraskaq Public Power District on its largest wind farm with 36 wind The local company, which said it’s also talking to federakl agencies, hopes to use that trial’s results lateer this summer to market to other wind turbinwe manufacturers and wind farm operators. With six full-time Catch the Wind expects to at least double that count by the end of this The company, which had $5.5 million in cash and equivalentsx on hand as of March 31, is also considering whether to list itself on an American exchange lated this year.
“We aspire to that,” Rogers “I just can’t say
Saturday, September 25, 2010
Reid Supply Now Offers Convenient Online Tools For Industrial Supplies ... - PressReleaseNetwork.com (press release)
http://anamericaninparis.com/Article-91mantrip.html
Reid Supply Now Offers Convenient Online Tools For Industrial Supplies ... PressReleaseNetwork.com (press release) Press Release Network is not liable directly or indirectly for any direct or consequential loss, damage or expense resulting from the material disseminated ... |
Thursday, September 23, 2010
Ballet Florida files Chapter 7 - San Antonio Business Journal:
http://cooleworld.com/en/cool-electronic-world/page_59.html
According to the nonprofit group’sa bankruptcy petition, it has more than 100 creditors, debt of $1 milliobn to $10 million, and a similar range for assets. For years, the organizatiobn has been bleeding money. It lost $1.5 milliob on total revenue of $3.1 according to its 2007 tax the most recent return A meeting of creditoras is set for4 p.m. on Aug. 13, at the bankruptcyy court courthouse in West Palm The Palm Beach Daily News reported the balleft canceled the remainder of its seasohin March, after a claim by Worth Realtyg that it was owed a $185,0009 commission after a plan to sell the company's buildiny to the city of West Palm Beach for $2.5 millioh fell through.
Ballet Florida is suing Worth The dance company has long struggled under the weighgt of dwindling profits and strugglesw tomaintain leadership. It went through 10 executived directors in as many Artistic directorMarie Hale, who foundedf Ballet Florida in 1973, is forminhg a new dance school and is collecting names of potential studentse on its Web site, www.anewerabeginsnow.com.
According to the nonprofit group’sa bankruptcy petition, it has more than 100 creditors, debt of $1 milliobn to $10 million, and a similar range for assets. For years, the organizatiobn has been bleeding money. It lost $1.5 milliob on total revenue of $3.1 according to its 2007 tax the most recent return A meeting of creditoras is set for4 p.m. on Aug. 13, at the bankruptcyy court courthouse in West Palm The Palm Beach Daily News reported the balleft canceled the remainder of its seasohin March, after a claim by Worth Realtyg that it was owed a $185,0009 commission after a plan to sell the company's buildiny to the city of West Palm Beach for $2.5 millioh fell through.
Ballet Florida is suing Worth The dance company has long struggled under the weighgt of dwindling profits and strugglesw tomaintain leadership. It went through 10 executived directors in as many Artistic directorMarie Hale, who foundedf Ballet Florida in 1973, is forminhg a new dance school and is collecting names of potential studentse on its Web site, www.anewerabeginsnow.com.
Wednesday, September 22, 2010
Andrews McMeel combines Universal Press, Uclick; Uclick CEO Edwards resigns - Kansas City Business Journal:
http://www.jasonkenney.org/?p=697
The resulting company, called Universal Uclick, will encompass prinft and digital syndication andlicensinb services. Universal Press Syndicate President Lee Salen will take over as interijm CEO ofUniversal Uclick. Douglas Edwards, who had been CEO of resignedeffective Tuesday. Universal Uclick Marketing Director Paul Richardsohn said that Edwards left the company to seek other opportunities but describerd the splitas amicable. “With the new company, it’es just one of those things wherde he saw personal opportunities outside of that that were more in line with what he wantedcto do,” Richardson said.
Meanwhile, the formation of Universalk Uclick streamlines some of the overlappingh operations between Universal Press Syndicateand “This is going to streamline a lot of thingas and invent new ways to distribute our content,” Richardson Kansas City-based Andrews McMeel Universal also publishes books and calendarws through its unit.
The resulting company, called Universal Uclick, will encompass prinft and digital syndication andlicensinb services. Universal Press Syndicate President Lee Salen will take over as interijm CEO ofUniversal Uclick. Douglas Edwards, who had been CEO of resignedeffective Tuesday. Universal Uclick Marketing Director Paul Richardsohn said that Edwards left the company to seek other opportunities but describerd the splitas amicable. “With the new company, it’es just one of those things wherde he saw personal opportunities outside of that that were more in line with what he wantedcto do,” Richardson said.
Meanwhile, the formation of Universalk Uclick streamlines some of the overlappingh operations between Universal Press Syndicateand “This is going to streamline a lot of thingas and invent new ways to distribute our content,” Richardson Kansas City-based Andrews McMeel Universal also publishes books and calendarws through its unit.
Monday, September 20, 2010
'End of an era' as Santa Clara University president Paul Locatelli steps down - Silicon Valley / San Jose Business Journal:
http://www.1clickdvdripper.com/dvd-burner/Cheetah-DVD-Burner.htm
Locatelli, 69, became president of Santa Claras University in 1988 and is the longestg serving president at the which was establishedin 1851. who has been working part-time as Secretaryy for Jesuit Higher Education since December will stay on as president at Santa Clara until a successor is named duringthe 2008-0o9 academic year. "Over the past 20 years, Paul has led Santaq Clara through a transformation to a more diverse and more nationallyprominent university," said Mike chairman of the university's board of trustees. "This is trulgy the end of an era -- and one that we recognizee asextraordinarily successful." Locatelli is the 27th president of SCU.
He was 49 yearsw old when he took the helm of the In 2000, he was appointed to an unprecedented thirdf six-year term, and in 2006 was appointedx to a fourth term. "Paul's expanded responsibilityt for Jesuit higher education worldwide is an incrediblee honor for him and for SantaClaraw University," said Markkula. "His role in the Jesuit highe education community is recognition of his visionary leadership at Santa Clara and acknowledgmenrt of the tremendous progress on this campus in the last two We consider it a great honor for our Toreplace Locatelli, the university said it will conduct a targetec search of Jesuits with outstanding educational backgroundss and previous work experience, knowledge, motivationm and interpersonal skills.
The search committee will recommend its candidated tothe board, which will intervieww the applicants and make the final Locatelli once told a group of undergraduates that his job involver acting as a "CEO, mayor, president, and pastor -- sometimeas all on the same day." That day would typicalluy begin with Locatelli rising beforer 5 a.m. to give himselfr time for prayer and reflectio n anda four-mile run before the morningg meetings began. He was the firsf president of Santa Clara with a business backgroun d and one of few Jesuits anywhered who isa CPA.
Those elements complemented his work as priestyand educator; in 1978, the same year he was appointed academifc vice president at Santsa Clara, students voted him outstandinbg teacher of the year. During his four terms as Locatelli worked in collaborationwith alumni, parents, friends, and faculty with extraordinary results -- SCU'a endowment grew tenfold from $77 million in 1988 to approximatelty $700 million in June 2007.
Facility expansion resultedf in the construction of newresidencd halls, the learning commons and library, the arts and science building, the music and dance building, the businesxs school, the baseball stadium, and the athletic "My time at Santa Clara has been extremelu rewarding," he said. "I love Santa Clara and have givejn it my heart and soul these past 20 I deeply appreciatethe love, support and assistance I have receive d from all of you -- faculty, administrators, alumni and the largere SCU community. Your passion, experience, talents, and energy have helpexd buildSanta Clara's exceptional legacy.
It has been my honoe and privilege to servre as the president of SantawClara University," said Locatelli. Locatelli has servedc on the board of directors of the Associatiohn of Jesuit Colleges and CatholicRelief Services, the Silicon Valle y Leadership Group, and the Bill Hannon In addition, he served on the boardd of trustees of the Jesuit School of Theology at Berkeley and on the Internationap Committee for Jesuit Higher Education for the Society of "Paul's compassion, dedication, and moral strength are keys to his said former congressman Leon Panetta, directort of the Panetta Institute for Public Policgy and former chief of staff for President Bill Clinto Among the awards Locatelli received durintg his tenure were the 2007 Community Builder Honoree from PACT (People Actin in Community Together); the 2005 Distinguished Service award from Dr.
Martin Luther King, Jr. Association of Santa Clara Valley; the Exemplaryu Community Leadership Award from the Nationap Conference of Communityand Justice/Silicon Valleg chapter; and the Spirit of Silicon Valley Lifetime Achievement Award from the Silicohn Valley Leadership Group. Raised in Boulder Creek in the Santa Cruz Locatelli was the first in his family toattencd college. He began his studies at the , and in 1958 transferred to Santa where he completed a degree in accountinf and graduatedin 1961. After serving in the U.S. he joined the Society of Jesuxin 1962. He was ordained as a pries t in 1974.
After attending seminary, he earned a doctorate in busineszs administration from the in 1971 and a mastee of divinity from the Jesuit School of Theology in Berkeleyyin 1974, where his work focused on ethicws and values in contemporary society Prioe to becoming president, Locatelli served as SCU'd academic vice president and associate dean of as well as a member of the facultyy of the accounting department.
Locatelli, 69, became president of Santa Claras University in 1988 and is the longestg serving president at the which was establishedin 1851. who has been working part-time as Secretaryy for Jesuit Higher Education since December will stay on as president at Santa Clara until a successor is named duringthe 2008-0o9 academic year. "Over the past 20 years, Paul has led Santaq Clara through a transformation to a more diverse and more nationallyprominent university," said Mike chairman of the university's board of trustees. "This is trulgy the end of an era -- and one that we recognizee asextraordinarily successful." Locatelli is the 27th president of SCU.
He was 49 yearsw old when he took the helm of the In 2000, he was appointed to an unprecedented thirdf six-year term, and in 2006 was appointedx to a fourth term. "Paul's expanded responsibilityt for Jesuit higher education worldwide is an incrediblee honor for him and for SantaClaraw University," said Markkula. "His role in the Jesuit highe education community is recognition of his visionary leadership at Santa Clara and acknowledgmenrt of the tremendous progress on this campus in the last two We consider it a great honor for our Toreplace Locatelli, the university said it will conduct a targetec search of Jesuits with outstanding educational backgroundss and previous work experience, knowledge, motivationm and interpersonal skills.
The search committee will recommend its candidated tothe board, which will intervieww the applicants and make the final Locatelli once told a group of undergraduates that his job involver acting as a "CEO, mayor, president, and pastor -- sometimeas all on the same day." That day would typicalluy begin with Locatelli rising beforer 5 a.m. to give himselfr time for prayer and reflectio n anda four-mile run before the morningg meetings began. He was the firsf president of Santa Clara with a business backgroun d and one of few Jesuits anywhered who isa CPA.
Those elements complemented his work as priestyand educator; in 1978, the same year he was appointed academifc vice president at Santsa Clara, students voted him outstandinbg teacher of the year. During his four terms as Locatelli worked in collaborationwith alumni, parents, friends, and faculty with extraordinary results -- SCU'a endowment grew tenfold from $77 million in 1988 to approximatelty $700 million in June 2007.
Facility expansion resultedf in the construction of newresidencd halls, the learning commons and library, the arts and science building, the music and dance building, the businesxs school, the baseball stadium, and the athletic "My time at Santa Clara has been extremelu rewarding," he said. "I love Santa Clara and have givejn it my heart and soul these past 20 I deeply appreciatethe love, support and assistance I have receive d from all of you -- faculty, administrators, alumni and the largere SCU community. Your passion, experience, talents, and energy have helpexd buildSanta Clara's exceptional legacy.
It has been my honoe and privilege to servre as the president of SantawClara University," said Locatelli. Locatelli has servedc on the board of directors of the Associatiohn of Jesuit Colleges and CatholicRelief Services, the Silicon Valle y Leadership Group, and the Bill Hannon In addition, he served on the boardd of trustees of the Jesuit School of Theology at Berkeley and on the Internationap Committee for Jesuit Higher Education for the Society of "Paul's compassion, dedication, and moral strength are keys to his said former congressman Leon Panetta, directort of the Panetta Institute for Public Policgy and former chief of staff for President Bill Clinto Among the awards Locatelli received durintg his tenure were the 2007 Community Builder Honoree from PACT (People Actin in Community Together); the 2005 Distinguished Service award from Dr.
Martin Luther King, Jr. Association of Santa Clara Valley; the Exemplaryu Community Leadership Award from the Nationap Conference of Communityand Justice/Silicon Valleg chapter; and the Spirit of Silicon Valley Lifetime Achievement Award from the Silicohn Valley Leadership Group. Raised in Boulder Creek in the Santa Cruz Locatelli was the first in his family toattencd college. He began his studies at the , and in 1958 transferred to Santa where he completed a degree in accountinf and graduatedin 1961. After serving in the U.S. he joined the Society of Jesuxin 1962. He was ordained as a pries t in 1974.
After attending seminary, he earned a doctorate in busineszs administration from the in 1971 and a mastee of divinity from the Jesuit School of Theology in Berkeleyyin 1974, where his work focused on ethicws and values in contemporary society Prioe to becoming president, Locatelli served as SCU'd academic vice president and associate dean of as well as a member of the facultyy of the accounting department.
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