Friday, August 19, 2011

Top 10 whitewater rafting locations in the United States - Yahoo! Sports

iwibacibem.wordpress.com


Top 10 whitewater rafting locations in the United States

Yahoo! Sports


What begins as a small, rushing river in the Yukon to the massive size of the Alsek River combined with the Tatshenshini to the Alskek lake. A thrill-seeker at heart, whitewater rafting is part of the perfect vacation for Sylvie Branch. ...



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Tuesday, August 16, 2011

USDA comes to aid of chicken industry with $40M purchase - Chicago Tribune

lyubomiradete.blogspot.com


USDA comes to aid of chicken industry with $40M purchase

Chicago Tribune


The United States is stepping in to help bail out another American industry -- chicken farmers and meat processors. The nation's chicken industry is having a difficult year. Chicken producers are struggling with higher costs of running their business ...



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Sunday, August 14, 2011

Textron cancels Cessna Columbus program - The Business Review (Albany):

modestofyeyko.blogspot.com
In April, the company announced it woulxd suspendthe program, leadiny Cessna leaders to say it would only be a mattefr of time until the project came But in Thursday’s filing with the SEC, Textron said “Upon additional analysis of the business-jetf market related to this product offering, we decided to formallyt cancel further development of the Citation Columbus.” Textron says it alreaduy had incurred about $50 million in capitalized tooling and facilityu costs related to the project. It says it will recordc a non-cash pre-tax charge of about $43 milliohn for the first two quarter s of 2009 to reflect the impairmentg of the facility andtoolingh assets.
Wichita Mayor Carl Brewer, who was in Denve Friday at a conference, had not heard the Columbud project was being canceled until asked about it by the WichitawBusiness Journal. “I’m disappointed,” Brewer says. “... We believer this is part of the futur e for the cityof Wichita. We’re just really disappointexd thatit happened.” At the same he says, he understands the economic climate has forcecd businesses to make tough decisions. The projectr was to have built 600,000-square-foot finall assembly building at Cessna where the majority ofthe $27 million business jet would be built.
Therd was also to have been a 45,000-square-foot physicalk plant to serve themain building. Constructioh costs were expected tobe $200 million and bids were put out in • • • • Columbus, Kan.-based Inc. Apargt from the loss in construction jobs, the Wichita area now appeard to have lost out for good onthe 1,000 direct jobs and the 3,00o0 spin-off jobs the program was estimated to create.
It also appeares likely that Cessna will have to pay backthe $10 millionn it received in city and counth incentives and the $33 million it received from the state for the Like Brewer, Sedgwick County Commissioner Tim Norton says he is disappointec to hear the news of the “I think most Wichitans and the business community looked at that as a big he says. “It takes a littls bit of the wind out of the sails for Cessnza andgeneral aviation. It could have been a huge boos to Wichita over the next couplew years and I think everybodysaw that.” Nortob says he hopes the project will be able to returnj somewhere down the line.
The businesz plan that was putin place, he says, stilll could be a good fit.

Friday, August 12, 2011

Sport Supply grabs another company - Dallas Business Journal:

http://www.alcorconwireless.net/silver-spring-recruiting-center-action-june-18-10.html
Sport Supply Group (NASDAQ: RBI) did not discloss the financial terms of the transactiobn with GusDoerner Sports, which is basee in Evansville, Ind. However, the acquisition comes only days aftet Sports Supply announced the acquisition ofSouty Florida-based Webster’s Team Sports. Adam Blumenfeld, chairman and CEO of Sporf Supply Group, said both acquisitionx were funded with working capita l and the company has anuntapped $40 million bank line of credity with that can be used for additional acquisitionse in the future.
Blumenfeld said the company's ongoint expansion plan is two-fold: the company is looking to acquire companies that have a sportsx product distribution base that isgeographicallyy suitable; and secondly, his company is lookiny for acquisitions that produce proprietaryg products to complement Sport Supply Group's productt catalogue. The recent acquisitions will not resulg in new jobs inthe Dallas-Fort Worth Blumenfeld said, but the company's purchasew of Gus Doerner Sports will add five to six employee s to the company's nationwide work force. Sport Supplyt Group has 750 employees including 220 employees inFarmerds Branch.
For the fiscal year ending June 30, 2008, the companuy had a profit of $9.7 million, or 76 centse per share, on sales of $251

Wednesday, August 10, 2011

Human Capital: People on the move, May 26 - Boston Business Journal:

borislavamcoc.blogspot.com
, a Billerica-based developer and manufacturer of lighting appointed Keith Ward CEO and member ofthe company’s boardr of directors. Prior to joining Luminus Devices, Ward was president and chiefd operating officer of EYE Lighting Internationakl of NorthAmerica . Patricmk named MD at Fireman Capital Liam Patrico was named managing director of Firemanb Capital Partnersin Boston. Patric k previously worked for private equith firmRhone Group. Fischer hired as VP of fielcd operations for NorthAmerica Lexington-basex dynaTrace Software Inc.
appointedx Eric Fischer vice president of field operations for North Fischer previously served as VP of worldwide sales for AkorrjiNetworks , OATSystems Inc. and eRoom Technologg . The law firm of K&Lk Gates LLP added Mark Duggan as of counseol in itsBoston office. Duggan, who is a memberr of the firm’s investment management joins K&L Gates from State Streetr GlobalAdvisors , where he servefd as deputy general counsel and senior vice president.

Sunday, August 7, 2011

HTC-Highroad men's team to cease - ESPN

http://gordonforasheville.com/usefulness-of-an-executive-coach-seattle.html


CBC.ca


HTC-Highroad men's team to cease

ESPN


The California-based HTC-Highroad cycling team, which has fielded the most successful men's and women's teams in the world the past several years, fell short in its search for a new title sponsor and will cease operating its men's ...


Stapleton announces that HTC Highroad will cease to exist at the end of 2011

VeloNation


Cavendish disappointed about the demise of HTC-Highroad

Cyclingnews.com


Mark Cavendish ties up his future but keeps it under wraps

The Guardian



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Friday, August 5, 2011

Trump developers must leave deposit interest alone, judge says - Tampa Bay Business Journal:

http://www.slimorama.com/content/dear-heather-you-said/
SimDag received the violation letter last and in August the developer was orderesd to a municipal code enforcement hearing scheduledfor Oct. 15, accordingg to court documents. The city’s code enforcement department said the Trump site was in a stater of disrepair including overgrowthof vegetation, accumulatiobn of debris and a damaged On Sept. 25 several workers with hand tools were seen tacklingb the heaps ofovergrowm vegetation. The code enforcemenf board could levy fines of upto $5,0090 per day for continued violations, althoughy many fines are reduced if code issuex are cleared up by a certaimn time.
SimDag had made up to $700,000o in interest from buyer depositsof $19 court documents say. SimDag had hoped to use the remainingg deposit money toward cleaning upthe site. Some however, scrambled to oppose SimDag’s motion. Allenw Burge of filed a responsed Sept. 16 claiming that the interest on the escros payments is the property of those who made deposits and shouldd not be used forsite maintenance. Jay D.R.
who says he is still owed $240,009 from SimDag, also askes the judge to deny the Asecond buyer, Jean Shahnasarian, questionedd the amount of money left in the escrow interes t account, however, saying that the interest earned on her cash deposig of $139,000 alone would’ve generaterd more than $20,000. “Therw appears to be a significant amountof interest, whicnh is now apparently missing, and the debtor has not disclosedx its whereabouts and the escrow agent has not reportedf what may have happened to the funds if depositee into the account,” Shahnasarian’s attorney, Larr y Foyale of , said in a courtf filing.
In his order, May said the interesrt funds will remain with the until he decidesd what to dowith it. SimDag/RoBEL, which plannexd to build a 52-story condominium complex on Ashley Driv indowntown Tampa, sought Chapter 11 bankruptcyt protection June 17.