efiosyt.blogspot.com
Introduced by Rep. Luis Gutierrez the Bank Accountability and Risk Assessment Act wouledallow FDIC, in calculating premiumn charges a bank must pay, to consider an institution’s totalp assets – not just domestic deposits. The bill would also requird so-called “too-big-to-fail” banks to pay a systemic-risk premium to the FDIC becauser of the increased risk they pose to the financial The proposed changes have won the backing ofthe D.C.-based of America, which representss more than 8,000 smaller banks across the “Proportional regulation based on risk is long overdue,” says ICBA President and CEO Camden R.
“It's only fair the largest financial institutiond pay anadditional premium.” Local bankers are also behind the “I’d definitely support the changes,” says Thomae Combs, CEO of Oxford-based Union Bank & Trust. Calculatingg premium levels by usingtotal assets, he adds, will captur a range of assets dollars held in overseas accounts, for instance – that haven’ t figured in the premium bills of larger
Wednesday, October 31, 2012
Tuesday, October 30, 2012
Convention center being renamed to honor former mayor - Washington Business Journal:
batyushkinuxit.blogspot.com
The 2.3 million-square-foot centert at 801 Mount Vernon Place NW is currently knowhn as the Washington Convention Constructed in 2003for $850 million, it is the largesf publicly financed project built in the The building will officialluy become the at a dedication ceremony Nov. 5, the authoritty said. The D.C. Council approved the legislation for the name chang elast year. "Mayor Washington lived a life characterized by bringintg people together and was a pioneerr in bringing home rule to the city in said RebaPittman Walker, the authority's chief in a statement. "Through this buildinh dedication, we are honoring his celebrating his accomplishments and rememberinghis legacy.
" In President Johnson appointed Washington the firsgt mayor-commissioner of D.C. Washington, a 1948 graduate of the Howard UniversitytLaw School, was elected mayor in 1975. Washington died in Octobe r 2003, the year the convention center Convention center officials have also erected a memorial tohonor him. The conventio center, which has 703,000 square feet of exhibit spacewand 150,000 square feet of meeting is facing increasing competition with the impending arriva of Gaylord Entertainment Co.'w convention complex at the National Harbor in Prince George'se County.
Gaylord will offer associations and meetingplanners 400,000 hotel rooms and 470,000 square feet of meetint space on an isolated complex, a move that has D.C. tourism officialse worried.
The 2.3 million-square-foot centert at 801 Mount Vernon Place NW is currently knowhn as the Washington Convention Constructed in 2003for $850 million, it is the largesf publicly financed project built in the The building will officialluy become the at a dedication ceremony Nov. 5, the authoritty said. The D.C. Council approved the legislation for the name chang elast year. "Mayor Washington lived a life characterized by bringintg people together and was a pioneerr in bringing home rule to the city in said RebaPittman Walker, the authority's chief in a statement. "Through this buildinh dedication, we are honoring his celebrating his accomplishments and rememberinghis legacy.
" In President Johnson appointed Washington the firsgt mayor-commissioner of D.C. Washington, a 1948 graduate of the Howard UniversitytLaw School, was elected mayor in 1975. Washington died in Octobe r 2003, the year the convention center Convention center officials have also erected a memorial tohonor him. The conventio center, which has 703,000 square feet of exhibit spacewand 150,000 square feet of meeting is facing increasing competition with the impending arriva of Gaylord Entertainment Co.'w convention complex at the National Harbor in Prince George'se County.
Gaylord will offer associations and meetingplanners 400,000 hotel rooms and 470,000 square feet of meetint space on an isolated complex, a move that has D.C. tourism officialse worried.
Saturday, October 27, 2012
First Solar, Inc. Company Profile | FSLR Company Information
lehoquvuhu.wordpress.com
We design and manufacture solar modules using a proprietaryu thin film semiconductor technology that has allowef us to reduce our average solar module manufacturinhg costs to among the lowest inthe world. Our average manufacturing costswere $1.40 per Watt in 2006 and $1.2 per Watt in the first three months of which we believe were significantly less than those of traditional crystallinee silicon solar module manufacturers. We are the firsgt company to integrate non-silicomn thin film technology into high volume lowcost production.
Our manufacturinfg process transforms an inexpensive 2ft x4ft (60cmj x 120cm) sheet of glass into a complete solart module in less than three using approximately 1% of the semiconductoe material used to produce traditional crystalline silicon sola r modules. Our ability to attracft customers withcompetitive pricing, in combination with our replicable low cost manufacturinf process, afforded us a gross margin of 40% in 2006 and 45% in the firsgt three months of 2007.
By continuinvg to expand production and improve our technology andmanufacturinf process, we believe that we can further reducse our manufacturing costs per Watt and improve our cost advantage over traditionao crystalline silicon solar module manufacturers. ...
We design and manufacture solar modules using a proprietaryu thin film semiconductor technology that has allowef us to reduce our average solar module manufacturinhg costs to among the lowest inthe world. Our average manufacturing costswere $1.40 per Watt in 2006 and $1.2 per Watt in the first three months of which we believe were significantly less than those of traditional crystallinee silicon solar module manufacturers. We are the firsgt company to integrate non-silicomn thin film technology into high volume lowcost production.
Our manufacturinfg process transforms an inexpensive 2ft x4ft (60cmj x 120cm) sheet of glass into a complete solart module in less than three using approximately 1% of the semiconductoe material used to produce traditional crystalline silicon sola r modules. Our ability to attracft customers withcompetitive pricing, in combination with our replicable low cost manufacturinf process, afforded us a gross margin of 40% in 2006 and 45% in the firsgt three months of 2007.
By continuinvg to expand production and improve our technology andmanufacturinf process, we believe that we can further reducse our manufacturing costs per Watt and improve our cost advantage over traditionao crystalline silicon solar module manufacturers. ...
Thursday, October 25, 2012
CEO Transformation in 48 Hours
esivyjifag.wordpress.com
This 48 hour, one-on-one intense engagement is for CEOs and top tier executivesx who want to fulfill the vision they have for the futurwe of theircompany - and for themselves - in short is the mastermind behind many Fortune 500 executivese and is one of the world's most renowned executive Ms. Steinbrecher, a who has served as an expert on and numerouas radioshows explains, "A typical executive coaching engagementf is usually done in 90 minute segments over a periosd of six months for a total of 24 With numerous assessments, mental models, neuro-linguistic programming and a firm commitment from the we are able to achievw the impossible in 48 hours.
" Steinbrecher'sw VP of Sales, explains the need for the new "C-level Executives and VPs are some of the busiest peopl and they struggle to find 24 free hours even in a six-montu period during the work week. The performances of thes corporate leaders affect millions or billions of so a change in their behavio has a tidal wave effect on their employees andcustomers - which is why we came up with the CEO Transformatioh in 48 Hours concept." The engagement starts at 5pm on a Fridah and ends at 5pm on a Sundat and Ms.
Steinbrecher has the executive agreew to stringentrestrictions including: -- The executive must stay in a controller environment away from home with no The program may be conducted in any location worldwidee that is mutually agreed upon by the executive and Ms. Steinbrecher. -- Therew will be no access to email, computers or television. -- No alcoholl will be consumed so the mind is inits "truee state". Steinbrecher says these are clear-cut stipulations that must be adheresdto - to ensure success.
As an added if the executive follows the rules for the48 hours, 5% of the engagemenrt fee will be donated to the executive's charity of Achieving the impossible is not an inexpensive as this 48 hour engagement will cost $24,00p US plus travel and lodging expensez (for both the executive and Ms. Steinbrecher). Ms. Steinbrecherf says she can almos always show positive ROI within 90 The program is receiving internationa l interest with only 3 slotsz available for the remaining monthsof 2009. is a featuredf expert in the current issue of Fortune SmallBusiness Magazine'e "Small Business Make-Over" series.
To view the video and to read thefull article: To learn more aboug Steinbrecher And Associates, please visit the company .
This 48 hour, one-on-one intense engagement is for CEOs and top tier executivesx who want to fulfill the vision they have for the futurwe of theircompany - and for themselves - in short is the mastermind behind many Fortune 500 executivese and is one of the world's most renowned executive Ms. Steinbrecher, a who has served as an expert on and numerouas radioshows explains, "A typical executive coaching engagementf is usually done in 90 minute segments over a periosd of six months for a total of 24 With numerous assessments, mental models, neuro-linguistic programming and a firm commitment from the we are able to achievw the impossible in 48 hours.
" Steinbrecher'sw VP of Sales, explains the need for the new "C-level Executives and VPs are some of the busiest peopl and they struggle to find 24 free hours even in a six-montu period during the work week. The performances of thes corporate leaders affect millions or billions of so a change in their behavio has a tidal wave effect on their employees andcustomers - which is why we came up with the CEO Transformatioh in 48 Hours concept." The engagement starts at 5pm on a Fridah and ends at 5pm on a Sundat and Ms.
Steinbrecher has the executive agreew to stringentrestrictions including: -- The executive must stay in a controller environment away from home with no The program may be conducted in any location worldwidee that is mutually agreed upon by the executive and Ms. Steinbrecher. -- Therew will be no access to email, computers or television. -- No alcoholl will be consumed so the mind is inits "truee state". Steinbrecher says these are clear-cut stipulations that must be adheresdto - to ensure success.
As an added if the executive follows the rules for the48 hours, 5% of the engagemenrt fee will be donated to the executive's charity of Achieving the impossible is not an inexpensive as this 48 hour engagement will cost $24,00p US plus travel and lodging expensez (for both the executive and Ms. Steinbrecher). Ms. Steinbrecherf says she can almos always show positive ROI within 90 The program is receiving internationa l interest with only 3 slotsz available for the remaining monthsof 2009. is a featuredf expert in the current issue of Fortune SmallBusiness Magazine'e "Small Business Make-Over" series.
To view the video and to read thefull article: To learn more aboug Steinbrecher And Associates, please visit the company .
Wednesday, October 24, 2012
No announcements on Lafley, P&G expected today - St. Louis Business Journal:
gault-rickettsias.blogspot.com
Speculation about Lafley’s succession reached a pitch aftetr the Wall Street Journal reported Monda that Lafley would retire July 1 and be succeedeed by Chief Operating OfficerBob McDonald. According the the which cites an unidentified sourcse and has not been verified by Lafley will remainas Tuesday, a P&G spokesman said the board is meetinvg all day and no announcements are expected. Shares of meanwhile, slipped by 54 cents in afternoon to $52.60. McDonald, a 29-yeadr veteran at P&G and former Army captain, has been named as a contender to succeed Laflet since speculation surfaced aboutthe CEO’s retirementr in August.
When Susan president of local business unitsat P&G, announcecd her pending retirement in March, it was widely assumed McDonald would get the job. But takinf over the helm at P&G is a headyg endeavor even ingood times, and the maket of Tide, Pampers and Pantene is facin particular headwinds as it struggle s to maintain market share during a worldwid recession. Its third-quarter sales declined by 8 to $18.4 billion from $20.5 billion in the year-agoi third quarter, as consumers traded down to less-expensive privated label goods.
Under such pressure, some analysts expected Lafley would hold on until fully rightingthe “Although the transition was expected, this would be much sooned than the company implied as early as 10 days ago at our Strategi Decisions Conference,” said Ali Dibadj, an analyst with New York firm , in an McDonald joined P&G in 1980 and over the decades gainedx extensive experience in household goodsd and global markets, particularly in the Philippines, Japan and Cincinnati-based P&G (NYSE:PG) is the worlds’ largest consumer products maker with a portfoli o of hundreds of brands.
The consumer-products giant manufacturez Cascadedishwashing detergent, Swiffed sweepers and dusters, Mr. Clean liqui cleaner, and Febreze fabric deodorizer atits St. Louiz facility three miles north of downtown at169 E. Grane Ave.
Speculation about Lafley’s succession reached a pitch aftetr the Wall Street Journal reported Monda that Lafley would retire July 1 and be succeedeed by Chief Operating OfficerBob McDonald. According the the which cites an unidentified sourcse and has not been verified by Lafley will remainas Tuesday, a P&G spokesman said the board is meetinvg all day and no announcements are expected. Shares of meanwhile, slipped by 54 cents in afternoon to $52.60. McDonald, a 29-yeadr veteran at P&G and former Army captain, has been named as a contender to succeed Laflet since speculation surfaced aboutthe CEO’s retirementr in August.
When Susan president of local business unitsat P&G, announcecd her pending retirement in March, it was widely assumed McDonald would get the job. But takinf over the helm at P&G is a headyg endeavor even ingood times, and the maket of Tide, Pampers and Pantene is facin particular headwinds as it struggle s to maintain market share during a worldwid recession. Its third-quarter sales declined by 8 to $18.4 billion from $20.5 billion in the year-agoi third quarter, as consumers traded down to less-expensive privated label goods.
Under such pressure, some analysts expected Lafley would hold on until fully rightingthe “Although the transition was expected, this would be much sooned than the company implied as early as 10 days ago at our Strategi Decisions Conference,” said Ali Dibadj, an analyst with New York firm , in an McDonald joined P&G in 1980 and over the decades gainedx extensive experience in household goodsd and global markets, particularly in the Philippines, Japan and Cincinnati-based P&G (NYSE:PG) is the worlds’ largest consumer products maker with a portfoli o of hundreds of brands.
The consumer-products giant manufacturez Cascadedishwashing detergent, Swiffed sweepers and dusters, Mr. Clean liqui cleaner, and Febreze fabric deodorizer atits St. Louiz facility three miles north of downtown at169 E. Grane Ave.
Tuesday, October 23, 2012
To Russia with hope: Dublin architecture firm is seeking new markets - St. Louis Business Journal:
youngmanmeledero1636.blogspot.com
The Dublin-based firm, formerly named , planz to open an office in St. Petersburt in July as a way to diversify its client base beyonx theweakened U.S. market for designh and projectadministration services. It follows a numbef of Columbus architectural and engineerinbg firms that have made similar moves in the lastseverak years. Don Brogan, the M&A associated serving as liaison to theRussian office, said the declined in the U.S. real estatse development and construction markets prompted the firm to find an overseas The firm has four active projects in Moscoq and other Russian cities and expects to hire a Russiajn representative to continue its busineswdevelopment efforts.
“It’s been in our long-term goals to look overseas and expand,” Brogan said. “With the markets the way they are here, we saw an M&A President Mark Daniels said discussions with consultants his firm workz with at the engineering firm in Westerville promptef to the move into theRussian “They showed us the opportunitiesa over there,” Daniels said. “There are more opportunity in that part of the Russia has experienced an economic especially with the collapse of petroleum prices last fall and intoearlh 2009, he said, but rising oil prices have bolsterede the economy in Russia, whicj has emerged in the last decade as a crudwe exporter.
“With oil prices going up,” Danielss said, “that really helps their economy.” Another M&Az partner, John Eymann, said seeking busineses overseas helps diversifythe firm’s revenuee base. An office in the Baltidc Sea portof St. Petersburg instea d of Moscow also makes it easier to pursue projects innearby countries. “In threed to five years,” he “we’d like to have a sustainable, self-sufficientg office that’s doing work in Russia and in othefr marketsin Europe.” The move overseas comes aftedr a concerted four-year effort to increasse the firm’s reputation as a design-focused organization and creatin a new brand.
Eymann said the firm had buil a reputation in the production of reliable constructioh documents but lagged on thedesignn side. “We went out and brought in talented architects,” Eymann said. “We intentionallt wanted to raise our design level in ordedr toget large-scale projects.” The firm recently droppee the names of founders Denny Meacham and Bob Apel nine yearse after a management group boughty out the two architects’ ownership. “We had kept the names Meachanm and Apel even through the ownershi change because of the strengtj inthe marketplace,” Eymann “This new branding finalizes the transition by simpl shortening it to M&A Architects.
”
The Dublin-based firm, formerly named , planz to open an office in St. Petersburt in July as a way to diversify its client base beyonx theweakened U.S. market for designh and projectadministration services. It follows a numbef of Columbus architectural and engineerinbg firms that have made similar moves in the lastseverak years. Don Brogan, the M&A associated serving as liaison to theRussian office, said the declined in the U.S. real estatse development and construction markets prompted the firm to find an overseas The firm has four active projects in Moscoq and other Russian cities and expects to hire a Russiajn representative to continue its busineswdevelopment efforts.
“It’s been in our long-term goals to look overseas and expand,” Brogan said. “With the markets the way they are here, we saw an M&A President Mark Daniels said discussions with consultants his firm workz with at the engineering firm in Westerville promptef to the move into theRussian “They showed us the opportunitiesa over there,” Daniels said. “There are more opportunity in that part of the Russia has experienced an economic especially with the collapse of petroleum prices last fall and intoearlh 2009, he said, but rising oil prices have bolsterede the economy in Russia, whicj has emerged in the last decade as a crudwe exporter.
“With oil prices going up,” Danielss said, “that really helps their economy.” Another M&Az partner, John Eymann, said seeking busineses overseas helps diversifythe firm’s revenuee base. An office in the Baltidc Sea portof St. Petersburg instea d of Moscow also makes it easier to pursue projects innearby countries. “In threed to five years,” he “we’d like to have a sustainable, self-sufficientg office that’s doing work in Russia and in othefr marketsin Europe.” The move overseas comes aftedr a concerted four-year effort to increasse the firm’s reputation as a design-focused organization and creatin a new brand.
Eymann said the firm had buil a reputation in the production of reliable constructioh documents but lagged on thedesignn side. “We went out and brought in talented architects,” Eymann said. “We intentionallt wanted to raise our design level in ordedr toget large-scale projects.” The firm recently droppee the names of founders Denny Meacham and Bob Apel nine yearse after a management group boughty out the two architects’ ownership. “We had kept the names Meachanm and Apel even through the ownershi change because of the strengtj inthe marketplace,” Eymann “This new branding finalizes the transition by simpl shortening it to M&A Architects.
”
Sunday, October 21, 2012
Condo developers driven to sweeten deals for prospective purchasers - Washington Business Journal:
ibitasony.wordpress.com
A businessman behind a high-end condo project in Miamiu is givingaway $260,000 Lamborghinis to help sell the last sevenj of his $6 million to $8 millionh beachfront villas. A developer in Philadelphisa is dolingout $16,000 SmartCars to attract buyers to his 163-condo Condo builders and developerx in Saratoga Springs are focusing less on cars and more on by offering everything from higher-qualit y appliances, tile and countertops to free consultationsw with an interior designer. At a time when the nationn is mired in ahousiny slump, principals involved in luxury condo projects arounds the country are using a wide ranged of tactics to boost sales.
“Wheh things are a little touggh you’ve got to do things a littled smarter,” said Matthew Bette, a partner in and co-developer of 38 High Rock condominiumas inSaratoga Springs. Bette recentlt partnered with interior designerr Nancy Smith of Saratogw Signature Interiors to offer four hourx of free design consulting services to each buyer athis 44-unir project. Smith beat out more than a half-dozen designersx who competed for the contract as the High Rock condolinterior designer. She will receiv a fee for working witheach buyer. The typicao hourly rate for an interior designer can ranger anywherefrom $90 to $150 an hour, Smith said.
Teaminh up with an interior designer to offer free services is a practicwe that Bette said became popular with luxury condo developers in Florida and Manhattan several years ago. Bette, who is co-developinv the project with Frank Parillo and hotelk operatorMichael Hoffman, also has invested several thousaned dollars leasing and opening a salese and design studio along a heavily-traveled section of Broadway in Saratoga Springs. “That’s not something we do for evert project,” he said. High Rock, which currentl is under construction, is expected to have its firsft occupants move inthis fall.
A total of 16 contractsx had been signed asof mid-May, and severapl other sales were pending. The condoxs range in price from $399,000 to $1.5 million. Another high-profils Saratoga Springs condo project, is being built by Bonaciko Construction. That 43-unit project has 19 signerd contracts. Prices range from $611,000 to $1.74 million. Builder Sonny Bonacio, who partnered with fellow developer Thomads Roohan ofSaratoga Springs, has constructed and sold more than 150 condoe over the past decade and he’ds weathered both good and bad economies.
Bonacio said that duringb the housing slump in he became nervous after he sold nine condosa quickly then went eight months without signing a His projects are built beforer sales contractsare signed. “I don’gt think you can type in your papert what Iwas thinking,” Bonaciio said. But after an eight-month drought, the remaining 17 unitzs were sold in120 days. Now, he’sa contending with a tough economy and competitiojn from the High Rock project by Parilloand Hoffman. “They are closer than any of the other competitiomn in whatthey offer,” Bonacio said. “What’s the old adage??
Burger King always wants to be nextto
A businessman behind a high-end condo project in Miamiu is givingaway $260,000 Lamborghinis to help sell the last sevenj of his $6 million to $8 millionh beachfront villas. A developer in Philadelphisa is dolingout $16,000 SmartCars to attract buyers to his 163-condo Condo builders and developerx in Saratoga Springs are focusing less on cars and more on by offering everything from higher-qualit y appliances, tile and countertops to free consultationsw with an interior designer. At a time when the nationn is mired in ahousiny slump, principals involved in luxury condo projects arounds the country are using a wide ranged of tactics to boost sales.
“Wheh things are a little touggh you’ve got to do things a littled smarter,” said Matthew Bette, a partner in and co-developer of 38 High Rock condominiumas inSaratoga Springs. Bette recentlt partnered with interior designerr Nancy Smith of Saratogw Signature Interiors to offer four hourx of free design consulting services to each buyer athis 44-unir project. Smith beat out more than a half-dozen designersx who competed for the contract as the High Rock condolinterior designer. She will receiv a fee for working witheach buyer. The typicao hourly rate for an interior designer can ranger anywherefrom $90 to $150 an hour, Smith said.
Teaminh up with an interior designer to offer free services is a practicwe that Bette said became popular with luxury condo developers in Florida and Manhattan several years ago. Bette, who is co-developinv the project with Frank Parillo and hotelk operatorMichael Hoffman, also has invested several thousaned dollars leasing and opening a salese and design studio along a heavily-traveled section of Broadway in Saratoga Springs. “That’s not something we do for evert project,” he said. High Rock, which currentl is under construction, is expected to have its firsft occupants move inthis fall.
A total of 16 contractsx had been signed asof mid-May, and severapl other sales were pending. The condoxs range in price from $399,000 to $1.5 million. Another high-profils Saratoga Springs condo project, is being built by Bonaciko Construction. That 43-unit project has 19 signerd contracts. Prices range from $611,000 to $1.74 million. Builder Sonny Bonacio, who partnered with fellow developer Thomads Roohan ofSaratoga Springs, has constructed and sold more than 150 condoe over the past decade and he’ds weathered both good and bad economies.
Bonacio said that duringb the housing slump in he became nervous after he sold nine condosa quickly then went eight months without signing a His projects are built beforer sales contractsare signed. “I don’gt think you can type in your papert what Iwas thinking,” Bonaciio said. But after an eight-month drought, the remaining 17 unitzs were sold in120 days. Now, he’sa contending with a tough economy and competitiojn from the High Rock project by Parilloand Hoffman. “They are closer than any of the other competitiomn in whatthey offer,” Bonacio said. “What’s the old adage??
Burger King always wants to be nextto
Saturday, October 20, 2012
Express Scripts launches offering to finance acquisition - St. Louis Business Journal:
vlastaowibopaj.blogspot.com
billion to help pay for its ’se drug benefits division. Express Scripts said it woulxd grant the underwriters an option for 30 days to purchase upto 3.45 milliohn additional shares of common stock to cover any which would then increase the total raised to $1.6 Express Scripts said it plan to buy WellPoint’s subsidiarhy using a mixture of $3.27 billion in cash and $1.4 billiojn in shares of common stock. Unde r the acquisition agreement, Express Scripts may also choose to delivere toWellPoint $1.4 billion in cash. Express Scripts planx to sell bonds in the near term as part of its plan to financethe acquisition.
The acquisitioj is expected to close in the late thirde quarter or fourth quarterof 2009. Bel-Ridge, Mo.-baseed Express Scripts (Nasdaq: is a pharmacy benefits managet that administers prescription drug programs for health governmentand corporations.
billion to help pay for its ’se drug benefits division. Express Scripts said it woulxd grant the underwriters an option for 30 days to purchase upto 3.45 milliohn additional shares of common stock to cover any which would then increase the total raised to $1.6 Express Scripts said it plan to buy WellPoint’s subsidiarhy using a mixture of $3.27 billion in cash and $1.4 billiojn in shares of common stock. Unde r the acquisition agreement, Express Scripts may also choose to delivere toWellPoint $1.4 billion in cash. Express Scripts planx to sell bonds in the near term as part of its plan to financethe acquisition.
The acquisitioj is expected to close in the late thirde quarter or fourth quarterof 2009. Bel-Ridge, Mo.-baseed Express Scripts (Nasdaq: is a pharmacy benefits managet that administers prescription drug programs for health governmentand corporations.
Friday, October 19, 2012
Sponsorship of DNC brings various perks - Denver Business Journal:
dyakonostrlin.blogspot.com
The offers perks that include hospitality suites at thePepsji Center, access to exclusive forums and ticketw to private parties, to companies that help fund the DNC. Corporatse sponsorship packets offer various levels of benefitsw to donors whocontribute $25,000 to $1 Those who donate $500,000 or more will receive severalk incentives, including credentials to the Pepsi Cente r during the convention, whic runs Aug. 25-28. "We went initiallt to corporate Colorado and had some key people giveus $1 milliomn and they became our key sponsors," said Steve president and founding partner of law firm . Farberr is also a member of thehost committee.
"Forr companies that weren't interested in donatint at the $1 million range, we looked for companiesa to donate atthe $500,000 and $250,000o range," Farber said, but declined to give companty names. Donors contributing $250,000 or more receive invitations to private partieswith Gov. Bill Ritter, Denve Mayor John Hickenlooperand U.S. Sen. Ken D-Colo., among other political officials. Farber's firm donated $52,800, which givee it access to host committee-sponsored events and marketingb incentives duringthe convention. It's uncleaer how the sponsorship packets have contributed to overall fundraising efforts bylocal officials.
Packagee brochures started circulating 14months ago, but the host committee said it'a still short on funds. The committee missed its June 16 deadlinw toraise $40.6 million. It has $29 million in the bank. Convention officials are pushing harder than ever to raisde theremaining $11.6 To help, U.S Rep. Ed D- Colo., recently called businesses aboutt sponsoringthe convention. Law firms in Denve have been big donors tothe DNC. Asid from helping raise cash, has made significantg contributions in the form offree labor.
More than 20 of its attorneye haveprovided $250,000 wortbh of pro bono legal services -- tax real estate negotiations and employmenr agreements -- to the host committes since April 2007. The firm also helpeds the committee obtainits 501(3)(c) status. "It's givint us a chance to get involved in the saidCole Finegan, partner at the firm. Sponsors also gain some prestiger from donating to such an historical Other businesses, law restaurants and hotels have contributed to the DNC on a much smalle scale by paying $5,280 to join the host committee's Summit Club. Such contributions lack fancy incentives. Denver-based law firm LLP contributed $5,280 in May.
"I think it'as important for all businesses in Denver to support the host committese ifwe can," said Rick Baily, a partner at Holland & Hart.
The offers perks that include hospitality suites at thePepsji Center, access to exclusive forums and ticketw to private parties, to companies that help fund the DNC. Corporatse sponsorship packets offer various levels of benefitsw to donors whocontribute $25,000 to $1 Those who donate $500,000 or more will receive severalk incentives, including credentials to the Pepsi Cente r during the convention, whic runs Aug. 25-28. "We went initiallt to corporate Colorado and had some key people giveus $1 milliomn and they became our key sponsors," said Steve president and founding partner of law firm . Farberr is also a member of thehost committee.
"Forr companies that weren't interested in donatint at the $1 million range, we looked for companiesa to donate atthe $500,000 and $250,000o range," Farber said, but declined to give companty names. Donors contributing $250,000 or more receive invitations to private partieswith Gov. Bill Ritter, Denve Mayor John Hickenlooperand U.S. Sen. Ken D-Colo., among other political officials. Farber's firm donated $52,800, which givee it access to host committee-sponsored events and marketingb incentives duringthe convention. It's uncleaer how the sponsorship packets have contributed to overall fundraising efforts bylocal officials.
Packagee brochures started circulating 14months ago, but the host committee said it'a still short on funds. The committee missed its June 16 deadlinw toraise $40.6 million. It has $29 million in the bank. Convention officials are pushing harder than ever to raisde theremaining $11.6 To help, U.S Rep. Ed D- Colo., recently called businesses aboutt sponsoringthe convention. Law firms in Denve have been big donors tothe DNC. Asid from helping raise cash, has made significantg contributions in the form offree labor.
More than 20 of its attorneye haveprovided $250,000 wortbh of pro bono legal services -- tax real estate negotiations and employmenr agreements -- to the host committes since April 2007. The firm also helpeds the committee obtainits 501(3)(c) status. "It's givint us a chance to get involved in the saidCole Finegan, partner at the firm. Sponsors also gain some prestiger from donating to such an historical Other businesses, law restaurants and hotels have contributed to the DNC on a much smalle scale by paying $5,280 to join the host committee's Summit Club. Such contributions lack fancy incentives. Denver-based law firm LLP contributed $5,280 in May.
"I think it'as important for all businesses in Denver to support the host committese ifwe can," said Rick Baily, a partner at Holland & Hart.
Wednesday, October 17, 2012
COBRA confusion stymies business - Pacific Business News (Honolulu):
cicugaha.wordpress.com
billion plan to help recentlt unemployed people keep their healtu insurance benefits was intended to protect the financially vulnerablwe from sinking deeper into debt becausee of high insurance premiums ormedical costs. But that part of the Americanm Recovery and ReinvestmentAct (ARRA), which was signedc in February, also has created confusion, increased paperwork and potential cash-flow problems for businesses in Colorado and nationwide.
“There’s a feelinbg that even though the government ispayinyg [for the subsidy], businesses are paying for it too becauss of all the administrative said Kimberly Searfoorce, staff attorney for the (MSEC), which provides personnel assistance for companies in Colorado and Searfoorce said since February, MSEC has handlef “hundreds” of calls from employers who aren’f clear on who qualifies for the MSEC also has held a number of seminars explaining the new law.
Daylre Axman, supervisor of consumer affairs at the Coloradol Divisionof Insurance, said businesses affected by the changd are “scrambling” to notify those who are eligible for the subsidh within the government’s timeline. Axman said she didn’t know how many peoplee are taking advantage of the new but will have a better idea in afterthe second-quarter tax credits are tabulated.
Individuals who make less than $150,000 a year may qualify for a 65 percenyt government subsidy on aCOBRA policy, under a federalo program that allows workerds who are between jobs to continure to get health care coverage provided by their former Previously, COBRA recipients paid 100 percent of their premiums to maintainh their former employers’ health insuranc e policies. Under the new law, businessess receive quarterly tax credits for paying 65 percenrt of theformer employees’ premium and collecting an additional 35 percent from the Searfoorce said under legislation scheduledr to be signed by Gov.
Bill Ritter, formefr workers who are fired “with good can receive the benefit unless the employer moves to blockthe subsidy. In some that means someone who’s terminated from a company mighf end up paying less in insurance premiums thansomeoner who’s still employed there. Chris Miller, directorr of underwriting for of said the changes havebeen “burdensome” on “It’s been fairly resource-intensive for some employerx — particularly those who just had mass Miller said. Many businesses were thrownn off guard by a provision that extendsz the subsidy to those who mighft have declined the benefit before the subsidy was Miller said.
The changes also can creatde cash-flow problems because employers regularly pay the premiumasfor one-time workers, but get the tax credits
billion plan to help recentlt unemployed people keep their healtu insurance benefits was intended to protect the financially vulnerablwe from sinking deeper into debt becausee of high insurance premiums ormedical costs. But that part of the Americanm Recovery and ReinvestmentAct (ARRA), which was signedc in February, also has created confusion, increased paperwork and potential cash-flow problems for businesses in Colorado and nationwide.
“There’s a feelinbg that even though the government ispayinyg [for the subsidy], businesses are paying for it too becauss of all the administrative said Kimberly Searfoorce, staff attorney for the (MSEC), which provides personnel assistance for companies in Colorado and Searfoorce said since February, MSEC has handlef “hundreds” of calls from employers who aren’f clear on who qualifies for the MSEC also has held a number of seminars explaining the new law.
Daylre Axman, supervisor of consumer affairs at the Coloradol Divisionof Insurance, said businesses affected by the changd are “scrambling” to notify those who are eligible for the subsidh within the government’s timeline. Axman said she didn’t know how many peoplee are taking advantage of the new but will have a better idea in afterthe second-quarter tax credits are tabulated.
Individuals who make less than $150,000 a year may qualify for a 65 percenyt government subsidy on aCOBRA policy, under a federalo program that allows workerds who are between jobs to continure to get health care coverage provided by their former Previously, COBRA recipients paid 100 percent of their premiums to maintainh their former employers’ health insuranc e policies. Under the new law, businessess receive quarterly tax credits for paying 65 percenrt of theformer employees’ premium and collecting an additional 35 percent from the Searfoorce said under legislation scheduledr to be signed by Gov.
Bill Ritter, formefr workers who are fired “with good can receive the benefit unless the employer moves to blockthe subsidy. In some that means someone who’s terminated from a company mighf end up paying less in insurance premiums thansomeoner who’s still employed there. Chris Miller, directorr of underwriting for of said the changes havebeen “burdensome” on “It’s been fairly resource-intensive for some employerx — particularly those who just had mass Miller said. Many businesses were thrownn off guard by a provision that extendsz the subsidy to those who mighft have declined the benefit before the subsidy was Miller said.
The changes also can creatde cash-flow problems because employers regularly pay the premiumasfor one-time workers, but get the tax credits
Tuesday, October 16, 2012
Survey: CEOs still foresee negative conditions - Business First of Columbus:
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“This quarter’s results reflectg a continuing weak set ofeconomic conditions,” said Ivan chairman of Business Roundtable and chairmah and CEO of “Conditionsa — while still negativee — appear to have begun to The Washington-based association of CEOs represents a combinedr work force of nearly 10 milliom employees and more than $5 trillion in annuakl sales. When asked how they anticipate theidr sales to fluctuate in the next six 34 percent said saleswill increase, and 46 percenyt predicted a decrease. That is a sunniere forecast thanthe first-quarter outlook survey, when 24 percenr predicted higher sales. Fifty-one percent said their U.S.
capita l spending will fall in theseconds quarter, and 12 percent said it will rise. Forty-nine percen expect their U.S. employment to decreasee in the nextsix months, up from the first-quartetr outlook survey, when 71 percent predicted a drop in Six percent anticipate their employee base to increase. Membeer CEOs estimated that the nation’s real groses domestic product will dropby 2.1 percent in 2009, comparedc with the CEOs’ first-quarter estimate of a 1.9 percent The outlook index which combines member CEO projections for capital spending and employment in the six months ahead expanded to 18.5 in the second quarter, up from -5 in the firsty quarter.
An index reading of 50 or lowet is consistent with overalleconomic contraction, and a reading of 50 or highert is consistent with expansion.
“This quarter’s results reflectg a continuing weak set ofeconomic conditions,” said Ivan chairman of Business Roundtable and chairmah and CEO of “Conditionsa — while still negativee — appear to have begun to The Washington-based association of CEOs represents a combinedr work force of nearly 10 milliom employees and more than $5 trillion in annuakl sales. When asked how they anticipate theidr sales to fluctuate in the next six 34 percent said saleswill increase, and 46 percenyt predicted a decrease. That is a sunniere forecast thanthe first-quarter outlook survey, when 24 percenr predicted higher sales. Fifty-one percent said their U.S.
capita l spending will fall in theseconds quarter, and 12 percent said it will rise. Forty-nine percen expect their U.S. employment to decreasee in the nextsix months, up from the first-quartetr outlook survey, when 71 percent predicted a drop in Six percent anticipate their employee base to increase. Membeer CEOs estimated that the nation’s real groses domestic product will dropby 2.1 percent in 2009, comparedc with the CEOs’ first-quarter estimate of a 1.9 percent The outlook index which combines member CEO projections for capital spending and employment in the six months ahead expanded to 18.5 in the second quarter, up from -5 in the firsty quarter.
An index reading of 50 or lowet is consistent with overalleconomic contraction, and a reading of 50 or highert is consistent with expansion.
Sunday, October 14, 2012
bizjournals: Search Results
vuwodu.wordpress.com
percent in the last year. The said earliet this month that Washington-area home prices were...... by on May 31, 2007 ...bottomer out yet, according to an updated forecast fromthe . The tradde group now predicts new home construction will by onNovember 10, 2006 ...Nk city tourism department will get bragginfg rights for the ' next It will be held on the Internet. The...... by on May 31, 2006 ...Thwe says next year's housing sales won'tt break 2005...... by on December 12, 2005 ...of Coldwell Bankef Stevens has been elected president ofthe , the firsrt DC area Realtor to head the grou in...... by on November 2, 2005 ...Igt is -- with a capital "R" -- and a trademar appeals board agrees.
The of Realtors, which uses by on April 8, 2004 ...ia now at its lowest level sincselast fall. The also reported a modest rise in pending sales of by onJuly 2, 2009 ...homesx for sale are down nearly 36%, according to the ... by on June 25, 2009 signaling low prices and incentives areattractin buyers. The says existing home sales, including single-family condos and...... by on June 23, 2009 ...lastt minute, or forcing sellers to agreee tolower prices. chief economist Lawrence Yun said the appraisal problem is by onJune 23, 2009 ...housing markeg continues to show small signs of life. The ' housing affordabilityu index rose in April to itssecond highest...... by on June 4, 2009 rose 6.
7 percent in according to the . April's pendinh sales were up 3.2 percent from...... by on June 2, 2009 ...ofc homes for sale also rose sharply, according to the . Sales of distressecd homes, including those in foreclosure, made by on May 28, 2009 ...March and is now at an eightf year low. The Wednesdat reported sales ofexisting homes, which makezs up the...... by on May 28, 2009 ...the pace of sales remainws below yearago levels. The says existingb home sales rose 2.9 percent from March...... by on May 27, 2009 But by some measures, home sales are rising. A gauge that measure pending sales of existing homeesrose 3...... by on May 19, 2009 ...
8,000 tax credit for Earlier this month, the reportedd pending sales of existing homesrose 3.2 by on May 18, 2009 Those signs include a repory this week from the that pending sales of existing homesd rose in March after...... by on May 7, 2009 ...sluggishy housing market may be poised for a The ' Pending Home Sales Index rose 3.2 percent in March...... by on May 4, 2009 ...fell 0.2 percen in February, below market consensus." The this week reported pendin sales of existing homesrose 2......
by on April 2, 2009
percent in the last year. The said earliet this month that Washington-area home prices were...... by on May 31, 2007 ...bottomer out yet, according to an updated forecast fromthe . The tradde group now predicts new home construction will by onNovember 10, 2006 ...Nk city tourism department will get bragginfg rights for the ' next It will be held on the Internet. The...... by on May 31, 2006 ...Thwe says next year's housing sales won'tt break 2005...... by on December 12, 2005 ...of Coldwell Bankef Stevens has been elected president ofthe , the firsrt DC area Realtor to head the grou in...... by on November 2, 2005 ...Igt is -- with a capital "R" -- and a trademar appeals board agrees.
The of Realtors, which uses by on April 8, 2004 ...ia now at its lowest level sincselast fall. The also reported a modest rise in pending sales of by onJuly 2, 2009 ...homesx for sale are down nearly 36%, according to the ... by on June 25, 2009 signaling low prices and incentives areattractin buyers. The says existing home sales, including single-family condos and...... by on June 23, 2009 ...lastt minute, or forcing sellers to agreee tolower prices. chief economist Lawrence Yun said the appraisal problem is by onJune 23, 2009 ...housing markeg continues to show small signs of life. The ' housing affordabilityu index rose in April to itssecond highest...... by on June 4, 2009 rose 6.
7 percent in according to the . April's pendinh sales were up 3.2 percent from...... by on June 2, 2009 ...ofc homes for sale also rose sharply, according to the . Sales of distressecd homes, including those in foreclosure, made by on May 28, 2009 ...March and is now at an eightf year low. The Wednesdat reported sales ofexisting homes, which makezs up the...... by on May 28, 2009 ...the pace of sales remainws below yearago levels. The says existingb home sales rose 2.9 percent from March...... by on May 27, 2009 But by some measures, home sales are rising. A gauge that measure pending sales of existing homeesrose 3...... by on May 19, 2009 ...
8,000 tax credit for Earlier this month, the reportedd pending sales of existing homesrose 3.2 by on May 18, 2009 Those signs include a repory this week from the that pending sales of existing homesd rose in March after...... by on May 7, 2009 ...sluggishy housing market may be poised for a The ' Pending Home Sales Index rose 3.2 percent in March...... by on May 4, 2009 ...fell 0.2 percen in February, below market consensus." The this week reported pendin sales of existing homesrose 2......
by on April 2, 2009
Saturday, October 13, 2012
Survey: Executives more upbeat on economy - Houston Business Journal:
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The survey was conducted by at an Audit Committer Institute roundtable discussionin Houston. While 44 percent of respondentds expect the recession to hit bottojby year-end, 18 percent are even more optimistic, suggestingf the worst is over. Survey respondents are in a much more upbeaf mood than six months earlier when 74 percenr said the economic downturn could last into 2010and beyond. Thougg most board members expressed confidence in senior ability to manage through the tough 54 percent said management does not have a formalo process to identify key changes in the businessw that could be linked tothe organization’s risk management efforts.
Edgar Giesinger, managing partner of KPMG’s Houston office, pointeed out that about 41 percent of the executives said they were only somewhatg or not at all satisfiedc that their company had identified the appropriate metrics to track and assess its performancr in the currenteconomicx environment. “This economy has caused boards to conduct a broadd recalibration of their governanceand oversight. Directorsd are insisting on better information abouf the business in a format that is clear and he said.
• Fifty-six percent of the respondents said thattheirf organization’s culture encourages them to a great extent to challenge and test 34 percent said they were encouraged to a limited and 10 percent said they were not encouraged at all. Generally, the respondents said, boards are “fallinyg short” in their ability or willingness to challengemanagement (32 willingness to address board performance (29 and willingness to address board composition or skillsw sets (15 percent).
The survey was conducted by at an Audit Committer Institute roundtable discussionin Houston. While 44 percent of respondentds expect the recession to hit bottojby year-end, 18 percent are even more optimistic, suggestingf the worst is over. Survey respondents are in a much more upbeaf mood than six months earlier when 74 percenr said the economic downturn could last into 2010and beyond. Thougg most board members expressed confidence in senior ability to manage through the tough 54 percent said management does not have a formalo process to identify key changes in the businessw that could be linked tothe organization’s risk management efforts.
Edgar Giesinger, managing partner of KPMG’s Houston office, pointeed out that about 41 percent of the executives said they were only somewhatg or not at all satisfiedc that their company had identified the appropriate metrics to track and assess its performancr in the currenteconomicx environment. “This economy has caused boards to conduct a broadd recalibration of their governanceand oversight. Directorsd are insisting on better information abouf the business in a format that is clear and he said.
• Fifty-six percent of the respondents said thattheirf organization’s culture encourages them to a great extent to challenge and test 34 percent said they were encouraged to a limited and 10 percent said they were not encouraged at all. Generally, the respondents said, boards are “fallinyg short” in their ability or willingness to challengemanagement (32 willingness to address board performance (29 and willingness to address board composition or skillsw sets (15 percent).
Friday, October 12, 2012
Get advice on pitching a story to the PBJ from PBJ reporter - Philadelphia Business Journal (blog)
showarticle-cultura.blogspot.com
Get advice on pitching a story to the PBJ from PBJ reporter Philadelphia Business Journal (blog) As part of my effort to build my brand â€" not to be confused with rebuilding the band â€" I will be participating in the Corzo Center's Office Hours program, which gives entrepreneurs a chance to get one-on-one advice about various topics. In my case, I ... |
Wednesday, October 10, 2012
Republic Federal Bank president steps down - South Florida Business Journal:
inufyw.blogspot.com
Schwartz joined the bank in 1997 as an investot and helped start its international trade financial Republic Federal spokesman Peter Benziger Schwartz left the bank to spend more time with his and remains a significant he said. “He will be missed here by our employees and Benziger said. The bank hasn’t name d a replacement, but Benziger said a transition plan is in Republic Federallost $25.1 million in 2008 and finished the year with $9 million in equityu capital, which is not much for a bank with $483 milliomn in assets. The bank was consideredf well capitalized asof Dec. 31 because it counte d $21.
6 million in unrealizes losseson available-for-sale securities toward its Tier 1 which totaled $28.5 million. Regulators count Tier 1 capital intheird well-capitalized formula, but operating losses come out of equityy capital.
Schwartz joined the bank in 1997 as an investot and helped start its international trade financial Republic Federal spokesman Peter Benziger Schwartz left the bank to spend more time with his and remains a significant he said. “He will be missed here by our employees and Benziger said. The bank hasn’t name d a replacement, but Benziger said a transition plan is in Republic Federallost $25.1 million in 2008 and finished the year with $9 million in equityu capital, which is not much for a bank with $483 milliomn in assets. The bank was consideredf well capitalized asof Dec. 31 because it counte d $21.
6 million in unrealizes losseson available-for-sale securities toward its Tier 1 which totaled $28.5 million. Regulators count Tier 1 capital intheird well-capitalized formula, but operating losses come out of equityy capital.
Tuesday, October 9, 2012
Progress Energy seeks small rate decrease - Minneapolis / St. Paul Business Journal:
lihung-associations.blogspot.com
The proposal also asks regulators to adjustf other components of the rate toreflect energy-efficiency program s and other renewable energu resources. Under the proposal, a typicalk Progress household thatuses 1,000 kilowatt hourz a month would see the total bill drop 10 centx $106.78 to $106.68. North Carolina utilities are permitted a fuel charge oncustomef bills, which is a way for the to recover the cost of the fuel for its plants. Utilitiex do not profit from the charge.
Raleigh-based Progressd says it asking the North Carolina Utility Commission to lower the fuel charge because globak energy prices have stabilized from record highs of recent According to the a householdusing 1,000 kWh a month wouldr see the fuel portion of the bill drop by 17 Energy efficiency will drop the bill by 19 anothetr cents. But the renewable energy portiojn of the bill will rise by26 cents. That increass pays for solar and biofuelo contracts that Progress has signed to comply with astate - mandated renewable energy target. If the new rates will take effect Dec. 1. Progresd (NYSE: PGN) serves 1.25 million customerd in North Carolina.
The proposal also asks regulators to adjustf other components of the rate toreflect energy-efficiency program s and other renewable energu resources. Under the proposal, a typicalk Progress household thatuses 1,000 kilowatt hourz a month would see the total bill drop 10 centx $106.78 to $106.68. North Carolina utilities are permitted a fuel charge oncustomef bills, which is a way for the to recover the cost of the fuel for its plants. Utilitiex do not profit from the charge.
Raleigh-based Progressd says it asking the North Carolina Utility Commission to lower the fuel charge because globak energy prices have stabilized from record highs of recent According to the a householdusing 1,000 kWh a month wouldr see the fuel portion of the bill drop by 17 Energy efficiency will drop the bill by 19 anothetr cents. But the renewable energy portiojn of the bill will rise by26 cents. That increass pays for solar and biofuelo contracts that Progress has signed to comply with astate - mandated renewable energy target. If the new rates will take effect Dec. 1. Progresd (NYSE: PGN) serves 1.25 million customerd in North Carolina.
Monday, October 8, 2012
Reports: U.S. probes Silicon Valley tech giants' hiring - Nashville Business Journal:
viktorsejbgif.blogspot.com
The Washington Post and New York Timea reported late on Tuesday that the antitrust probe is centered onwhether (NASDAQ:GOOG), (NASDAQ:AAPL), and others agreed not to recruit each other's The stories cited unnamed sourcese the papers said are familiar with the matter. The investigation is reportedlhy in itsearly stages, with the papers saying that the government has requeste d documents and information from targeted companies.
The inquiry is seen as anothefr sign that the Obama administration will be more aggressivs on antitrust laws than his predecessof and Silicon Valley tech firms are a focus of that The Justice Department is currently also investigating a proposec settlementbetween Google, authors and publishers to resolvse a copyright dispute, the Wall Streetr Journal has reported citing unnamede sources. The Federal Trade Commission has also askef questions about whether having Google CEO Eric Schmidtf and formerGenentech Inc.
CEO Art Levinson on both the Appled and Google board is a violation ofantitrust
The Washington Post and New York Timea reported late on Tuesday that the antitrust probe is centered onwhether (NASDAQ:GOOG), (NASDAQ:AAPL), and others agreed not to recruit each other's The stories cited unnamed sourcese the papers said are familiar with the matter. The investigation is reportedlhy in itsearly stages, with the papers saying that the government has requeste d documents and information from targeted companies.
The inquiry is seen as anothefr sign that the Obama administration will be more aggressivs on antitrust laws than his predecessof and Silicon Valley tech firms are a focus of that The Justice Department is currently also investigating a proposec settlementbetween Google, authors and publishers to resolvse a copyright dispute, the Wall Streetr Journal has reported citing unnamede sources. The Federal Trade Commission has also askef questions about whether having Google CEO Eric Schmidtf and formerGenentech Inc.
CEO Art Levinson on both the Appled and Google board is a violation ofantitrust
Saturday, October 6, 2012
Crossgates considers converting former Lord & Taylor into Dick
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Officials at the Pyramid the Syracuse company thatowns Crossgates, met with Guilderlanxd Chief Building Inspector Donald Cropsey Jan. 13 to discusas converting the store, Cropsey said. The existing Dick’s store at the mall is on the secon floor, above . The new Dick’s would be spreadf across 80,000 square feet on two floors, Cropse said. Pyramid officials didn’t indicate whether they had a tenantt lined up to fill the spacethat Dick’ds would vacate if it moved to the former Lord Taylor. bought two empty anchor stores at themall -- the formed Lord & Taylor and former Macy’s -- for $9.
5 according to deeds filed in the Albany County Clerk’s office on Dec. 23. Pyramide bought the propertiesfrom , Inc., said Jim a spokesman at Macy’s corporate headquarters in Both stores have been emptuy for years. While Dick’sa could possibly change locations withinthe mall, Pyramid apparentlyg doesn’t have a tenant to fill the former Macy’s location, Cropseyt said. The Lord Taylor store was closed in a year before sold the chaib toprivate investors. The Lord & Taylo r at Crossgates wasn’t includer in that sale. The Macy’s store closed in 2006 aftere Federated boughtrival , owner of Filene’s.
The property sale comes at a time when many retailerws experienced their worst Christmas holiday shopping seasonin decades. Total sales at Macy’s (NYSE: M) fell 4.7 percent to $4.39 billiomn during the five-week period that ended Jan. 3, and totap sales year to date weredown 5.4 percent to $25 The company is closing 11 Macy’s nationwide, but storese at Crossgates, and Rotterdam Square Mall will remain Following the closures, Macy’s Inc. will operate 808 Macy’s storesx and 40 Bloomingdale’s.
Officials at the Pyramid the Syracuse company thatowns Crossgates, met with Guilderlanxd Chief Building Inspector Donald Cropsey Jan. 13 to discusas converting the store, Cropsey said. The existing Dick’s store at the mall is on the secon floor, above . The new Dick’s would be spreadf across 80,000 square feet on two floors, Cropse said. Pyramid officials didn’t indicate whether they had a tenantt lined up to fill the spacethat Dick’ds would vacate if it moved to the former Lord Taylor. bought two empty anchor stores at themall -- the formed Lord & Taylor and former Macy’s -- for $9.
5 according to deeds filed in the Albany County Clerk’s office on Dec. 23. Pyramide bought the propertiesfrom , Inc., said Jim a spokesman at Macy’s corporate headquarters in Both stores have been emptuy for years. While Dick’sa could possibly change locations withinthe mall, Pyramid apparentlyg doesn’t have a tenant to fill the former Macy’s location, Cropseyt said. The Lord Taylor store was closed in a year before sold the chaib toprivate investors. The Lord & Taylo r at Crossgates wasn’t includer in that sale. The Macy’s store closed in 2006 aftere Federated boughtrival , owner of Filene’s.
The property sale comes at a time when many retailerws experienced their worst Christmas holiday shopping seasonin decades. Total sales at Macy’s (NYSE: M) fell 4.7 percent to $4.39 billiomn during the five-week period that ended Jan. 3, and totap sales year to date weredown 5.4 percent to $25 The company is closing 11 Macy’s nationwide, but storese at Crossgates, and Rotterdam Square Mall will remain Following the closures, Macy’s Inc. will operate 808 Macy’s storesx and 40 Bloomingdale’s.
Friday, October 5, 2012
10 MN banks had $1M-plus incomes in Q1 - Minneapolis / St. Paul Business Journal:
tenamup.wordpress.com
The strongest banks were also the state’s , based in Minneapolis, had the most income for the $624.4 million. , based in Wayzata, was seconc with $30 million in income for the ( has a large presencde here, but is headquartered in San Francisco andso isn’ t on the list.) While U.S. Bank and TCF are the perennia l top-dogs of the Twin Cities banking scene, a more interesting dynami shapes up further down the list of the metro area’s strongest banks. KleinBank, based in Chaska, and , base in St. Paul, are in a class of theie own as $1 billion-plus community banks. Bremerd had $6.2 million in income, while KleinBank had $1.8 million for the firsg quarter.
The two often play leap-frog on the list of the most profitable banks. In the fourth quarter of 2008, KleinBank had $4.9 million in income, while Bremer had $1.2 million. , based in had $2.9 million in income on assets of $416 Vermillion has been a strong performer throughout the pastdifficuly year. Its income has been above $2 millio n every quarter for the pastfour
The strongest banks were also the state’s , based in Minneapolis, had the most income for the $624.4 million. , based in Wayzata, was seconc with $30 million in income for the ( has a large presencde here, but is headquartered in San Francisco andso isn’ t on the list.) While U.S. Bank and TCF are the perennia l top-dogs of the Twin Cities banking scene, a more interesting dynami shapes up further down the list of the metro area’s strongest banks. KleinBank, based in Chaska, and , base in St. Paul, are in a class of theie own as $1 billion-plus community banks. Bremerd had $6.2 million in income, while KleinBank had $1.8 million for the firsg quarter.
The two often play leap-frog on the list of the most profitable banks. In the fourth quarter of 2008, KleinBank had $4.9 million in income, while Bremer had $1.2 million. , based in had $2.9 million in income on assets of $416 Vermillion has been a strong performer throughout the pastdifficuly year. Its income has been above $2 millio n every quarter for the pastfour
Wednesday, October 3, 2012
Bay Area scores $34M for energy - San Francisco Business Times:
tarpleypymibujuh1491.blogspot.com
San Francisco got the largest portion of that moneuy with morethan $7.7 million cominfg to the city. Oakland will get nearlt $4 million. According to the US Departmen of Energy’s Energy Efficiency and Renewable Energy the energy efficiency and conservation block grants can be used for nearlyg anything that would ultimately reduce fossil fuel reduce total energy use or improve energy efficiency in thetransportation sector, the buildin sector or others.
Ultimatelg it will be up to the counties and cities to decide how to distribute that money toeligible “This is the latest shot in the arm for our communitiex struggling to climb out of the recession,” said Congressman Georgr Miller (D-Martinez), who touted the $8.3 milliomn that will come to his in a press release today. “Investing in energy efficiency will creatse jobs here at home while also helping to move Americaw toward a more energy independent These two goals go hand in hand economic growth and energyefficiency — and the recovery act is a criticao investment in this effort.
This investment will allow our citiesa to reduce their energy use and cut down on their fossipfuel emissions, and will help us created and sustain good-paying jobs in the Bay Area.” San Jose, with a populationh slightly larger than San Francisco’s, will get $8.8 The City of Los Angeles will be the larges t recipient of money in the state, with more than $37 millioh and additional $15 million going to the countt of Los Angeles. Lots more money for energy efficiency projectds is available through the stimulus directlyu through the DOE andother agencies. Alamedas $640,600.00 Antioch $885,000.00 Berkeley $1,013,500.00 Brentwood $197,000.0 0 Concord $1,151,900.
00 Contra Costa $3,574,300.00 Daly City $873,900.00 Danvilld $168,400.00 Dublin $186,700.00 Fremont $1,891,200.00 Haywardc $1,361,900.00 Livermore $750,800.00 Martinez $150,800.00 Newark $173,200.00o Novato $491,800.00 Oakland $3,919,200.00 Pacifica $140,600.0 Palo Alto $663,000.00 Pittsburg $565,500.0 0 Pleasanton $692,700.00 Redwood City $736,300.00 Richmonfd $955,100.00 Rohnert Park $164,100.00 San Brunpo $159,700.00 San Francisco $7,739,300.00 San Leandro $732,400.00 San Mateoo $875,800.00 San Rafael $575,400.00 San Ramonj $215,600.00 South San Francisco $636,900.00 Union City $638,200.00 Walnut Creem $677,700.00 Total $33,598,500.
00
San Francisco got the largest portion of that moneuy with morethan $7.7 million cominfg to the city. Oakland will get nearlt $4 million. According to the US Departmen of Energy’s Energy Efficiency and Renewable Energy the energy efficiency and conservation block grants can be used for nearlyg anything that would ultimately reduce fossil fuel reduce total energy use or improve energy efficiency in thetransportation sector, the buildin sector or others.
Ultimatelg it will be up to the counties and cities to decide how to distribute that money toeligible “This is the latest shot in the arm for our communitiex struggling to climb out of the recession,” said Congressman Georgr Miller (D-Martinez), who touted the $8.3 milliomn that will come to his in a press release today. “Investing in energy efficiency will creatse jobs here at home while also helping to move Americaw toward a more energy independent These two goals go hand in hand economic growth and energyefficiency — and the recovery act is a criticao investment in this effort.
This investment will allow our citiesa to reduce their energy use and cut down on their fossipfuel emissions, and will help us created and sustain good-paying jobs in the Bay Area.” San Jose, with a populationh slightly larger than San Francisco’s, will get $8.8 The City of Los Angeles will be the larges t recipient of money in the state, with more than $37 millioh and additional $15 million going to the countt of Los Angeles. Lots more money for energy efficiency projectds is available through the stimulus directlyu through the DOE andother agencies. Alamedas $640,600.00 Antioch $885,000.00 Berkeley $1,013,500.00 Brentwood $197,000.0 0 Concord $1,151,900.
00 Contra Costa $3,574,300.00 Daly City $873,900.00 Danvilld $168,400.00 Dublin $186,700.00 Fremont $1,891,200.00 Haywardc $1,361,900.00 Livermore $750,800.00 Martinez $150,800.00 Newark $173,200.00o Novato $491,800.00 Oakland $3,919,200.00 Pacifica $140,600.0 Palo Alto $663,000.00 Pittsburg $565,500.0 0 Pleasanton $692,700.00 Redwood City $736,300.00 Richmonfd $955,100.00 Rohnert Park $164,100.00 San Brunpo $159,700.00 San Francisco $7,739,300.00 San Leandro $732,400.00 San Mateoo $875,800.00 San Rafael $575,400.00 San Ramonj $215,600.00 South San Francisco $636,900.00 Union City $638,200.00 Walnut Creem $677,700.00 Total $33,598,500.
00
Tuesday, October 2, 2012
J.G. Wentworth raises $100M - Los Angeles Business from bizjournals:
cahijisebi.wordpress.com
The annuity and life-insurance policy purchaser had its reorganizatiomplan OK’d by a Delaware bankruptcy court judge a week ago, after filing for Chapter 11 protectiohn last month. As part of the deal, J.G. Wentworth’d parent, private equity firm , invested $100 million of new equit y to supportongoing operations. It also agreed to providse as muchas $35 million for the company to buy loanz from lenders in exchange for new preferred interests in the company. The company said Mondah that it has substantially reduced its debt load at the parenr holding company level while gaining accesse tonew equity. J.G.
Wentworthb conducted business without interruption during the briefreorganizationj process. The Bryn Mawr, Pa.-basex company sought acceptance of its plan from its lenders befor e what is called a prepackaged More than 90 percent of the termlenders approved, the companyy said. J.G. Wentworth said its decision to file for Chapter 11 came afted an extensive review of alternatives to address pressuresfrom “extremelh challenging capital markets and high borrowing costs”, and was unanimouslgy approved by the company’s board of directors. In December, J.G. Wentwortyh laid off 120 of its 200 employeesx and closed its LasVegas office.
Founded in 1991, it moveds from Philadelphia to Bryn Mawrin 2003.
The annuity and life-insurance policy purchaser had its reorganizatiomplan OK’d by a Delaware bankruptcy court judge a week ago, after filing for Chapter 11 protectiohn last month. As part of the deal, J.G. Wentworth’d parent, private equity firm , invested $100 million of new equit y to supportongoing operations. It also agreed to providse as muchas $35 million for the company to buy loanz from lenders in exchange for new preferred interests in the company. The company said Mondah that it has substantially reduced its debt load at the parenr holding company level while gaining accesse tonew equity. J.G.
Wentworthb conducted business without interruption during the briefreorganizationj process. The Bryn Mawr, Pa.-basex company sought acceptance of its plan from its lenders befor e what is called a prepackaged More than 90 percent of the termlenders approved, the companyy said. J.G. Wentworth said its decision to file for Chapter 11 came afted an extensive review of alternatives to address pressuresfrom “extremelh challenging capital markets and high borrowing costs”, and was unanimouslgy approved by the company’s board of directors. In December, J.G. Wentwortyh laid off 120 of its 200 employeesx and closed its LasVegas office.
Founded in 1991, it moveds from Philadelphia to Bryn Mawrin 2003.
Monday, October 1, 2012
Lenovo rival buys Gateway for $710M - Silicon Valley / San Jose Business Journal:
authors-morphology.blogspot.com
The deal, worth $1.90 per share of gives Acer a leg up in its worldwide battlewith Morrisville-baserd Lenovo for market share. The two companies have gone back and fort h in various industry lists asthe world'ws No. 3 and No. 4 computer makers, with Chinese-ownefd Lenovo reclaiming the No. 3 spot in the second quarter. It also marks a seriousa blow to , a Dutch computed maker with a strong presence inwesternj Europe. Gateway - and now, therefore, Acer - has the rights to a firsft crack at any deal withPackared Bell. An acquisition of Packared would have helped Lenovo boost its presencein Europe, wheres the company's sales are negligible.
If Acer does acquir both Gateway andPackard Bell, it shoulfd be able to ship well over 20 milliohn personal computers annually - more than enough to bump it back above Lenovo for world No. 3. founded in China, now maintains a headquarterxsin Morrisville. It employs 1,35p0 in the Triangle.
The deal, worth $1.90 per share of gives Acer a leg up in its worldwide battlewith Morrisville-baserd Lenovo for market share. The two companies have gone back and fort h in various industry lists asthe world'ws No. 3 and No. 4 computer makers, with Chinese-ownefd Lenovo reclaiming the No. 3 spot in the second quarter. It also marks a seriousa blow to , a Dutch computed maker with a strong presence inwesternj Europe. Gateway - and now, therefore, Acer - has the rights to a firsft crack at any deal withPackared Bell. An acquisition of Packared would have helped Lenovo boost its presencein Europe, wheres the company's sales are negligible.
If Acer does acquir both Gateway andPackard Bell, it shoulfd be able to ship well over 20 milliohn personal computers annually - more than enough to bump it back above Lenovo for world No. 3. founded in China, now maintains a headquarterxsin Morrisville. It employs 1,35p0 in the Triangle.
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