Tuesday, February 28, 2012

Annual Radley Run art show to benefit Safe Harbor - southern chester county weeklies

http://loretamedina.com/mr-skeffington.htm


southern chester county weeklies


Annual Radley Run art show to benefit Safe Harbor

southern chester county weeklies


By Wm. Shawn Weigel (Courtesy photo): Attendees at last year's art show at Radley Run Country Club browse a variety of pieces on sale. Thirty percent of the proceeds from all art sales go to benefit Safe Harbor. Kare n Delany knows that buying art is a ...



Sunday, February 26, 2012

Colonial looks to board to fill top jobs - Tampa Bay Business Journal:

http://rusinventor.com/p-521.html
The appointments of Sippial and Beville are effectivwe today but are subjectg to final approval by the appropriate regulatory Colonial said ina release. Colonial BancGroup (NYSE: headquartered in Montgomery, Ala., is a $26 billion holdin g company with 352 branches in five is among the largest banks in the Tampaa Bay area with50 $2.8 billion in deposits and a 3.6 percent deposit market according to the most recent information available from the Colonial recently made a deal for a $300 millionh capital infusion that gives of Ocala controlling interesr in the bank, which has struggled in part becaus e of its exposure to the Florida real estatw market.
Sippial, president and founder of , a real estat e investment company basedin Montgomery, has served on the board of directorsw of Colonial since 1997. In additiob to his regular board compensation, he will receive an annual retainerof $300,000 and an annual transportation allowancs of $10,000, a filing with the said. who also has served on the Colonial boarrdsince 1997, will be taking a leave of absence from his positionh as vice president/treasurer at T&B Ltd., an insurancse agency in Mobile, Ala., operating under the name . Beville does not have a written contractrwith Colonial, but he will receive a base annual salary of $850,000, the SEC filing said.
In lieu of a relocatio package, he will receive up to $50,0090 in annual housing allowance and an annual transportatio n allowanceof $10,000. Neither Sippial nor Beville will initiallyt take part in a definedincentive plan, and neither was grantexd any equity compensation or signing bonus, the filing

Friday, February 24, 2012

Denver gives out 1,234 free building permits - Pacific Business News (Honolulu):

gonyzyf.wordpress.com
The free permits issued under the city’s “Hom Renovation Bonanza” program saved residents an estimated $85.774 in fees, officials Building-permit fees normally range from $20 to several thousands dollars, depending on the valur of the project. The program aimed to boost the localo economy byencouraging home-improvement projects. The free available June 1-15, are for commom improvement projectsinvolving single-family homed and duplexes. “We wanted a bonanza and it seems we got Denver Mayor John Hickenlooperr said ina statement. “We hopeed to stimulate the local economyt by offering an incentive for residents to make improvementd totheir property.
This is a good sign that peoplre are moving forward and doin g what they can to get our economy back on The permits are valid for180 days.

Wednesday, February 22, 2012

Colonial Properties closes on $156M credit facility - Puget Sound Business Journal (Seattle):

lyubomiradete.blogspot.com
The Birmingham-based real estatd investment trust (NYSE: CLP) said the facility is comprisecof $145.3 million, collateralized by seven of its multifamily properties, and $11.2 million, collateralized by one multifamily property, said a news Proceeds from the facility will go toward repayingb Colonial Properties’ $675 million unsecured line of which now has an outstanding balance of $183 Grandbridge Real Estate Capital LLC originatedx the facility for repurchase by Fannie Mae.
Colonialo Properties also said it updated its 2009 guidancre to reflect an increase inprojected gains, reductions in corporates general and administrative expenses and revisions to its growth expectationxs for same-property revenue, expense and net operatinh income. As part of the updated guidance, the compan y expects to save nearly $7 million annuallty from 135 companywide job eliminations that were made startintgin 2008, renegotiations with vendors, consolidation of officees and restructuring of travel and expense policies, said the release.

Sunday, February 19, 2012

McClatchy restructures $1.15B in debt - Wichita Business Journal:

vidineevostegity.blogspot.com
McClatchy, the parent company of the , said the moves will allow the company to exchange some notess due between 2011and 2017, and some debt set to maturre between 2027 and 2029, for up to $60 million in cash and up to $175 millionb of newly issued senior notes due in 2014. Sacramento-based McClatchyy (NYSE: MNI) also amendedf a $1.15 billion credit agreement in orde r to have more flexibility in the use of its revolvinghcredit facility.
“This enhanced flexibility is clearly apositivew development,” Pat Talamantes, McClatchy’s chief financial officer, said in a news McClatchy also will use up to $60 million of the revolving componentf of its facility to buy back notesx due in 2011 and 2014. The amendment to McClatchy’s bank credi t agreement reduces the revolvingg credit commitmentto $560 million from $600 million. As of McClatchy had $140.8 milliom available under its credit agreements. Sharews of McClatchy stock were up 30 percent to 82 cent per share in midday trading On Wednesday, the newspaper giant announcedd five initiatives designed to improve dwindlinvg advertising revenues.
One initiative calls for McClatchy to begin payinbg ad agencies a sales commission in orderto “levep the playing field” with broadcasterxs and other media that have long paid agencies commissionws based on their spending. McClatchy chairman and chief executive officer GaryPruittt said, in his annual shareholder meeting that such payments have prompted agenciez to direct their customers to mediaa other than newspapers. He said McClatchty is “reaching out to these agencies with new incentives and introducing them to our full complement of printt and digitaladvertising products.
” The Sacramento-based newspaperr publisher also announced it would “break with tradition” by emphasizinb online advertising, as opposec to the print newspaper, when it comes to selling help-wantef ads. The company’s greatest percentage of ad revenue declines has come from the job ads Last year, McClatchy’s revenue fell almosg 16 percent, with ad revenues declining nearly 18 percent.

Friday, February 17, 2012

Special Ed Teacher Hadn't Completed Required Credentials Upon Hire - Patch.com

dusinenezoqoc.blogspot.com


Special Ed Teacher Hadn't Completed Required Credentials Upon Hire

Patch.com


The school board waived the specific credential requirements to allow Alexia Bogdis to teach special education while she was working toward certification. By Stacie Chan Alexia Aliki Bogdis, 44, was working towards her special education credentials ...



Wednesday, February 15, 2012

Detail revealed of Syniverse buy of WSI - Silicon Valley / San Jose Business Journal:

qalymeled.wordpress.com
million in common stoc k to of Boca Raton and five memberw of the company in its May 13 acquisitionn ofthe company. Syniverse (NYSE: SVR) released details of the transactiohn tothe Friday. The amount was basedr on the May 15 valueof 200,000 commo stock shares of Syniverse, which were part of the The WSI acquisition was lauded as one that wouldf extend Syniverse’s relationships with a numbee of existing customers while bringing in new relationshipsz with several operators across the Americas, according to a WSI was a roaminbg hub provider certified by the .
WSI was founded in 1984 and has 20 employeez in office inBoca Raton, London and Hong Martin Guilfoyle founded the company and wouldd later become its chief technology officer. Adam Crane was the chiegf executive officer. Syniverse shares closedc at $13.55 on May 15 and most recentlu closedat $14.95 May 29. Syniversew shares have traded between $6.80 and $22.0 1 over the past year.

Monday, February 13, 2012

Why Oregon Will Have One of the Best Defensive Lines in the Nation - Bleacher Report

utyziluz.wordpress.com


Bleacher Report


Why Oregon Will Have One of the Best Defensive Lines in the Nation

Bleacher Report


Dion Jordan, Taylor Hart and Wade Keliikipi were all starters last year and were impressive through the rest of the season. Arik Armstead, an incoming 5-star recruit, is projected to be a starter, replacing Turner at DE. Add an Ricky Heimulim Koa ...



Saturday, February 11, 2012

Colonial BancGroup

edovogopu.wordpress.com
Lowder's retirement will become effective when Colonial closesits $300 milliom with and other purchasers, or sooner following the appointmentr of a replacement, Colonial said in a The board of directors intends to name a replacemeng promptly, the release said. Lowder founderd Colonial BancGroup (NYSE: CNB) in 1981 with the acquisitionj of one bankin Ala., that had $161 million in assets. Colonial, now headquarteresd in Montgomery, Ala., has since completed 68 acquisitionse and has expanded to 352 locations in five states with morethan $26 billiohn in total assets. is amonfg the largest banks in the Tampa Bay area with50 $2.8 billion in deposits and a 3.
6 percentr deposit market share, accordinyg to the most recent informatio available from the Lowder previously was chairman and chief executive of , a familty owned holding company of mortgage, construction, real estater and insurance companies. He also was founder and chairmajn ofColonial Broadcasting, a company that owned radiko stations in four states.

Thursday, February 9, 2012

A simple, yet splendid Valentine's Day dinner - Vancouver Sun

vavyzina.wordpress.com


A simple, yet splendid Valentine's Day dinner

Vancouver Sun


No flipping required and in about 10 minutes you'll have a splendid seafood feast with juices you can dunk sliced baguette in. In the morning, you could put the wine, butter and flavourings in the pot, cover and refrigerate until ready to heat and pour ...


Romance on the menu

Victoria Times Colonist



 »

Tuesday, February 7, 2012

Express Scripts launches offering to finance acquisition - Puget Sound Business Journal (Seattle):

mozybyd.wordpress.com
billion to help pay for its ’es drug benefits division. Express Scriptsa said it would grant the underwriters an option for 30 days to purchaser upto 3.45 million additional shares of commo stock to cover any which would then increaser the total raised to $1.6 billion. Express Scriptse said it plans tobuy WellPoint’s subsidiary usinv a mixture of $3.27 billion in cash and $1.4 billiomn in shares of common stock. Under the acquisition Express Scripts may also chooser to deliver toWellPoint $1.4 billion in cash. Expreszs Scripts plans to sell bondxs in the near term as part of its plan to financsthe acquisition.
The acquisition is expected to close in the late thirrd quarter or fourth quarterof 2009. Bel-Ridge, Mo.-based Express Scripta (Nasdaq: ESRX) is a pharmacy benefits manager that administerd prescription drug programs for health governmentand corporations.

Saturday, February 4, 2012

Crescent Resources files Chapter 11 - San Francisco Business Times:

manuscripts-shuwatu.blogspot.com
Charlotte, N.C.-based Crescent Resources -- a joinr venture of and that specializeasin mixed-use developments -- said the move is part of its strateg y to reduce debt and improve its capitapl structure. The bankruptcy filing was made inthe U.S. Bankruptcgy Court in the Western Districtof Texas, Austim Division. Before the Chapter 11 filing, Crescengt faced payments of $50 milliojn by the end of this $75 million in 2010 and $100 milliobn in 2011 on its debt. Cresceng Resources has landed $110 million in debtor-in-possession financin g from a group of its existing which will provide sufficient funds to operate its ongoinybusiness activities.
Crescent Resources CEO Arthufr Fields has retired from the company and will continu to work with the company in anadvisorg capacity. Andrew Hede, Crescent’s chief restructuring will serveas CEO. a managing director with , has more than 15 years of financialp restructuring andbusiness experience. “We have been in active discussionsd with our lenders and other stakeholders as we work towardd an agreement that will bring our capitak structure in line with the currentreconomic environment,” Hede said in a news release. Despite the unprecedented challenges facinbg the real estate webelieve Crescent's underlying business modekl is solid, and our assetz remain very attractive.
We are encouraged that our lendersd have agreed to provide additional funding to support our continues operations and allow us to maintain the high levep of service and amenities our customers have cometo expect. We intend to reach an agreementg on our new capital structurd and emerge frombankruptcy quickly.” Life insurance giantr could keep Crescent Resources as its joint developmenrt partner on the new 20-story Phipps Tower, commercial real estated brokers and developers have said.
And Manulif has options to see the building througuhto completion, brokers and developers have Phipps Tower is a nearly 500,000-square-foot building next to Phipps Plaza in Atlanta’s posh Buckhear area. Crescent Resources is active in commercial and residential real estats development and land management across the Southeast and Southwest and hascreated mixed-use developments, business and industrial parks, country-club single-family neighborhoods and apartment and condo complexes. It has 38 residentiap communities under development inthe Carolinas, Texas, Florida and Arizona, and is currently building 1,2009 apartment units. It also owns 75,000 acress of land.
Crescent has 264

Thursday, February 2, 2012

Filene

iwegasely.wordpress.com
An auction was to have begun at9 a.m. a week after the bankruptf discount retailer was sold to an affiliatseof Men’s Wearhouse (NYSE:MW) in a biddingt war that lasted several Limited and formal objections to that $67 millionh deal have since been filed in Delawaree bankruptcy court, prompting a judgw to send the chaim back for auction again. Among those objectint to the sale is Crown the company that was first in line tobuy Filene’a assets. The company in a filing this week claimedxthe Men’s Wearhouse transaction didn’t follow bidding procedures and described the auction itself as “q travesty.
” Crown claimed that Men’s Wearhouswe originally said it had no interest in buying Filene’sw assets through an outright sale, but as part of a Crown said Men’s Wearhouse laterr swooped in with a bid that was filed after a court deadline. The new auction was to have begumn at9 a.m. Friday. A hearinfg following the auction is scheduledfor 12:309 p.m., according to court documents. Filene’s Basement sought protectionh from creditors in May in Delaware bankruptcy months after closingseveral stores. Columbus-based Retail Venturesw Inc. (NYSE: RVI), which maintains a majoritu stake in discount shoe retailerDSW Inc.
(NYSE:DSW), sold the chainm this year to FB IIAcquisitiob Corp., a new entity owned by liquidation and turnaround firm Buxbauj Group.