aleksanovlsys.blogspot.com
The results, comparing the numberr of new-home sales in 2008, were releasexd recently by RCLCO, a real estate advisory firm that has compileds the annual listsince 1994. Three of the communities in the Top 10 Cinco Ranch, Telfair and Eagled Springs — were developed by Newlans Communities, according to the study. “Another highly positive trened for Houston not reflected on the RCLCOk report is the fact that2009 new-homs sales for the three Newlan d communities on the Top 10 list are on par with or even ahead of 2008,” says Ted Nelson, president of Newland’s Centrap Region, which includes “Home buyers seem to be viewing large-scalr master-planned communities as strong investments, especially thosed communities with strong track records.
” The RCLCO studu defines a master-planned community as a “large-scale development featurinf a range of housing prices and styles, array of amenitiess and multiple nonresidential land uses such as commercial, hotels and education facilities.” Some provide lifestyld options for multiple market segments, the organizatiob said, while others target a specificx buyer type such as active adults age 55 and Overall, master-planned communities throughout the U.S. experienced a “significant in home sales, and in many cases in home prices in 2008, the report said.
Notabld exceptions were communities located in the Houstonmarketplace (fives of the 10 top performers), whic had increased sales from 2007. Newland Communitiese reported that in 2009 at Cinco a total of 254 new homes had been sold through April 19, a 4.5 percent increase over the 243 homews sold in the same period in 2008. At Newland reports 2009 sales arerunninv “neck-and-neck” with last year’ s sales, which represented the largest percentage gain on the RCLCO list (117 new-home salews for 2009 through April 19, compared to 119 for the same periode in 2008).
“Texas may be laggingg the nation in terms of the timintg and depth of decline in thehousinv sector, however, as sale s began to decline in the fourtb quarter of 2008 and into the first quarter of 2009,” the RCLCp report said. “Nevada and Arizonas — hit early and hard by the downturmn — have experienced a slightg bump in sales in the firsty quarterof 2009.” “Green” appears to have arrived as a differentiatot in driving sales to those communities with sustainablde features, the report indicated. Las Vegas-based Focus Property Group, the develope of Mountain’s Edge and Providence, ranked No. 1 and No.
4 on the respectively, tout green features in thosre communities. “The environmental nature of both communities drought tolerant and use 25 percengt less water than similarcommunities — is a differentiatoer and the sales offices have provided feedback regarding how the market is responding,” says John CEO of Focus Property Group.
Sunday, March 3, 2013
Tuesday, February 26, 2013
Health law could mean teacher layoffs, fewer hours - San Francisco Chronicle
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Health law could mean teacher layoffs, fewer hours San Francisco Chronicle DES MOINES, Iowa (AP) â€" Hundreds of Iowa school districts are looking at whether to provide health care benefits for part-time employees or cut their hours so they don't have to offer them health insurance under the federal health care overhaul. |
Saturday, February 16, 2013
Torino target the top as new EP gains attention - The Southern Reporter
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The Southern Reporter | Torino target the top as new EP gains attention The Southern Reporter Formed in 2009, Torino â€" currently made up of Mike from Oxton, Galashiels quartet Jay McEwan, Stu Gordon (both backing vocals and guitar), Paul Blackwood (vocals) and Adam Odoj (drums) â€" first came to prominence in 2011 when they won the String Jam ... |
Monday, February 11, 2013
Small businesses wary of health care reform - Denver Business Journal:
haga-aa8xuq.blogspot.com
That goal, however, may not be achieved in the legislation now movingfthrough Congress, some business groups fear. They’re afraid the bill being marked up this monthj by theSenate Health, Labor and Pensions Committee won’t do enough to controo health care costs, but will go too far in imposiny stiff new insurance requirements—including minimum coverage levels—on employers. They also worryg that includinga government-ruj plan as an option in new insurance exchanges would lead hospitalxs and doctors to charge private insurerds more for their services in order to compensatee for underpayments they would receive from the public The U.S.
Chamber of Commerce has e-mailed its members, urging them to oppose the SenatdHELP Committee’s bill, calling it “a dangerou s proposal.” James Gelfand, the chamber’s senior manager of health said now is the time for businessese to demand changes in the bill, includin striking a requirement for employersd to provide insurance to their “We need health reform,” Gelfand said, but if the bill isn’t fixed, “I don’t know how we could possibly supportf it.
” The prospect of health care refor raising costs for small businesses is “a legitimate fear,” said John Arensmeyer, CEO of Smallk Business Majority, an organization that believes employers should providwe insurance to their workers. A studu commissioned by the organization found that businesses with fewer than 100 employeexs could save as muchas $855 billionb over the next 10 years if health care reforjm is enacted. The analysis, conducted by Massachusetts Institutse of Technology economist Jonathan assumes that Congress will require all but the smallest firmxs to provide health insurance to theire employees or pay a fee to the federal based ontheir size.
It also assumes that Congress will provide tax credits to smallp businesses to help them pay forthe coverage—a provision that is included in the Senatwe HELP Committee’s bill. Todd president of the National Small Business said it’s “not yet whether small businesses will be betterr off after health care reform. Providing tax creditas or other subsidies to smallp businesses for insurance coveragecould “create all kinds of weirde incentives and disincentives” for companies, he McCracken also is disappointed that the health care reforn bills in their early forms aren’t more aggressivde about driving down health care costs by changinb the way medicine is practiced.
The National Federationj of Independent Business has been lobbying hard for healthh care reformfor years, with the goal of bringingv down costs for small employers througn pooling mechanisms and insurance market Like McCracken, NFIB lobbyist Amanda Austinh thinks the Senate HELP Committewe bill is “a little light on cost NFIB also opposes an employer mandat and a government-run insurance two key parts of that panel’ss legislation.
That goal, however, may not be achieved in the legislation now movingfthrough Congress, some business groups fear. They’re afraid the bill being marked up this monthj by theSenate Health, Labor and Pensions Committee won’t do enough to controo health care costs, but will go too far in imposiny stiff new insurance requirements—including minimum coverage levels—on employers. They also worryg that includinga government-ruj plan as an option in new insurance exchanges would lead hospitalxs and doctors to charge private insurerds more for their services in order to compensatee for underpayments they would receive from the public The U.S.
Chamber of Commerce has e-mailed its members, urging them to oppose the SenatdHELP Committee’s bill, calling it “a dangerou s proposal.” James Gelfand, the chamber’s senior manager of health said now is the time for businessese to demand changes in the bill, includin striking a requirement for employersd to provide insurance to their “We need health reform,” Gelfand said, but if the bill isn’t fixed, “I don’t know how we could possibly supportf it.
” The prospect of health care refor raising costs for small businesses is “a legitimate fear,” said John Arensmeyer, CEO of Smallk Business Majority, an organization that believes employers should providwe insurance to their workers. A studu commissioned by the organization found that businesses with fewer than 100 employeexs could save as muchas $855 billionb over the next 10 years if health care reforjm is enacted. The analysis, conducted by Massachusetts Institutse of Technology economist Jonathan assumes that Congress will require all but the smallest firmxs to provide health insurance to theire employees or pay a fee to the federal based ontheir size.
It also assumes that Congress will provide tax credits to smallp businesses to help them pay forthe coverage—a provision that is included in the Senatwe HELP Committee’s bill. Todd president of the National Small Business said it’s “not yet whether small businesses will be betterr off after health care reform. Providing tax creditas or other subsidies to smallp businesses for insurance coveragecould “create all kinds of weirde incentives and disincentives” for companies, he McCracken also is disappointed that the health care reforn bills in their early forms aren’t more aggressivde about driving down health care costs by changinb the way medicine is practiced.
The National Federationj of Independent Business has been lobbying hard for healthh care reformfor years, with the goal of bringingv down costs for small employers througn pooling mechanisms and insurance market Like McCracken, NFIB lobbyist Amanda Austinh thinks the Senate HELP Committewe bill is “a little light on cost NFIB also opposes an employer mandat and a government-run insurance two key parts of that panel’ss legislation.
Tuesday, February 5, 2013
Holidays Boost Kindle Fire, But iPad Still King - PC Magazine
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Holidays Boost Kindle Fire, But iPad Still King PC Magazine The iPad still dominates the tablet market, but Amazon's Kindle Fire is holding on to the gains it made over the holiday season, according to new stats from mobile ad network Chitika Insights. The tablet market grew 75 percent during the fourth quarter ... |
Thursday, January 31, 2013
Senate votes to temporarily suspend federal debt limit - Washington Post
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Politico | Senate votes to temporarily suspend federal debt limit Washington Post Congress gave final approval Thursday to a plan to temporarily suspend the legal limit on the national debt, permitting the Treasury Department to keep borrowing and lifting the threat of a government default until August. The measure, approved by the ... Debt-ceiling bill clears Senate; Obama expected to sign Senate delays debt limit deadline Senate passes debt ceiling, no-budget no-pay bill |
Saturday, January 26, 2013
Group urges caution on U.S. LNG exports - UPI.com
stages-paddocks.blogspot.com
FuelFix (blog) | Group urges caution on U.S. LNG exports UPI.com Unfettered exports "would raise prices dramatic » |
Monday, January 21, 2013
60-person Promotion Execution Partners joins minority accelerator - Business Courier of Cincinnati:
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Already on pace to grow by 30 percentf to 50 percentthis year, PEP viewsd its work with the MBA as a way to meet potentiak clients in town and extend its reach, said companyy President David Kroeger. The MBA prograk now has 31 companies inits portfolio. It helps those member firms grow throughy strategic counseling and makintg connections with local corporations that want to work withmore minority-ownedd suppliers. “We feel very confident about our capabilities as an organization and the results that we bring to our Kroeger said. “We realize and recogniz e that we need to sell our And it’s always nice to get that extra exposure.
” Headquartered downtown, PEP employs more than 60 peopld and has offices in Boston, Detroit, New Pittsburgh and Puerto Rico. The firm specializes in promotion strategy andproject management. Services include retaik demos, direct-to-consumer marketing, business-to-business services and Web-baseed promotions. Clients include such brands as Tide, Olay, Heinz, Ore Ida and various pharmaceutical andfinanciall companies. PEP is a certified minoritu business enterprise. Its owners are Carolynj Farrow-Garland, Mike Ricketts, Kroeger and , a publicly traded media and marketing company basedin Michigan. The companty was founded in 2004.
Kroeger said the firm focuses on its services and not its status asa minority-ownedc firm. Still, PEP’s commitment to working with minority-ownes subcontractors is an importantselling point, said Farrow-Garland, a program officerd with the in Dayton. “I helps when you go into a placr like Heinzor P&G,” she The company was named 2008 Minority Business of the Year by the and 2008 Smalol Business of the Year by the . The MBA begajn discussions with PEPlast year, said Crystalk German, vice president of the MBA and economixc inclusion.
“One of the things that really impressesd us was the amount of time they had invested in strategic visioning andcustomer relations,” she said. “The growtnh is a definite result of the time and energhy and resources they invesf in developing astrategic plan, stickintg to it and the customer relationships they’ve developed.” Kroeger declineed to release PEP’s revenues. MBA portfolio firmw must have atleast $1 milliojn in annual revenues, be located in the Greatet Cincinnati region and be certified minority-owned businessee with African-American ownership.
Already on pace to grow by 30 percentf to 50 percentthis year, PEP viewsd its work with the MBA as a way to meet potentiak clients in town and extend its reach, said companyy President David Kroeger. The MBA prograk now has 31 companies inits portfolio. It helps those member firms grow throughy strategic counseling and makintg connections with local corporations that want to work withmore minority-ownedd suppliers. “We feel very confident about our capabilities as an organization and the results that we bring to our Kroeger said. “We realize and recogniz e that we need to sell our And it’s always nice to get that extra exposure.
” Headquartered downtown, PEP employs more than 60 peopld and has offices in Boston, Detroit, New Pittsburgh and Puerto Rico. The firm specializes in promotion strategy andproject management. Services include retaik demos, direct-to-consumer marketing, business-to-business services and Web-baseed promotions. Clients include such brands as Tide, Olay, Heinz, Ore Ida and various pharmaceutical andfinanciall companies. PEP is a certified minoritu business enterprise. Its owners are Carolynj Farrow-Garland, Mike Ricketts, Kroeger and , a publicly traded media and marketing company basedin Michigan. The companty was founded in 2004.
Kroeger said the firm focuses on its services and not its status asa minority-ownedc firm. Still, PEP’s commitment to working with minority-ownes subcontractors is an importantselling point, said Farrow-Garland, a program officerd with the in Dayton. “I helps when you go into a placr like Heinzor P&G,” she The company was named 2008 Minority Business of the Year by the and 2008 Smalol Business of the Year by the . The MBA begajn discussions with PEPlast year, said Crystalk German, vice president of the MBA and economixc inclusion.
“One of the things that really impressesd us was the amount of time they had invested in strategic visioning andcustomer relations,” she said. “The growtnh is a definite result of the time and energhy and resources they invesf in developing astrategic plan, stickintg to it and the customer relationships they’ve developed.” Kroeger declineed to release PEP’s revenues. MBA portfolio firmw must have atleast $1 milliojn in annual revenues, be located in the Greatet Cincinnati region and be certified minority-owned businessee with African-American ownership.
Wednesday, January 16, 2013
Homebuilder McStain files for Chapter 11 - Puget Sound Business Journal (Seattle):
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The Louisville-based company declared $10 milliom to $50 million in assets, and the same range in liabilities. McStain -- whicb does business as McStainNeighborhoodas -- has told customers it plans to sell its finishee homes and complete those that are under construction. The filinbg does not affect the Indian Peaks South neighborhooxd because of a separateownershio structure. In February of this McStain told customers on its websitethat “we have been assured by our bankerw and other professional associates that we are healthierr than most of the private builders they deal with. To paraphrase Mark ‘The rumors of our demise have beengreatlyt exaggerated.
’ Rumors that we filed for bankruptcyt are simply not true.” Othedr Colorado builders to declare Chapter 11 recently include Village Homes of Coloradko in Greenwood Village, which had last year’s largesf local bankruptcy reorganization with $138.4 million in and Tousa Inc., the Florida-based parent of Colorado’sx Engle Homes Inc. John Laing Homes of Calif., which was active in metro Denver, filed Chapter 11 earlu this year. McStain’s largest unsecured creditors includw Scheer’s Inc. of Illinois (which is owed $10.85 million), Key Bank ($3 CRE400 Centennial LLC-Crestone ($2 million) and William and Associates of Boulder ($1.
54 million), according to the bankruptcy Other unsecured creditors include First Nationa l Bank, GE Capital, Namaste Solar Electric Inc., Guy’as Floor Service Inc. and the City and County of Denvee (sales tax). McStain has taken significanrt steps to cut costs and shoree up its flagging business in the last The builder’s former president and CEO, Eric Wittenberg, voluntarily left the company in late summer 2008 to save and was replaced by McStaijn co-founder Tom Hoyt. Hoyt took the titles president andboare chairman.
McStain Enterprises also close its physical headquarters operation in Louisville last Atthat time, McStain had 21 down from 75 people early last fall and from a peak of 115 a few yeare ago. Remaining employees were to creatd avirtual office, using cell phones and computers. Tom and Carolind Hoyt, with their friend David started McStainin 1966, when they boughtf a small Boulder custom builder callesd Horizon Building Co. Over the years, the partnerws built the company from a simpld custom builder to a designee and developerof master-planned communitiex such as Indian Peaks in Lafayette and MeadowVieaw in Longmont. They also moved into sustainable, energy-efficient housing.
McStai has worked on several urban infill as well, including ones in Denver’s Lowryu and Stapleton neighborhoods and Belmad in Lakewood.
The Louisville-based company declared $10 milliom to $50 million in assets, and the same range in liabilities. McStain -- whicb does business as McStainNeighborhoodas -- has told customers it plans to sell its finishee homes and complete those that are under construction. The filinbg does not affect the Indian Peaks South neighborhooxd because of a separateownershio structure. In February of this McStain told customers on its websitethat “we have been assured by our bankerw and other professional associates that we are healthierr than most of the private builders they deal with. To paraphrase Mark ‘The rumors of our demise have beengreatlyt exaggerated.
’ Rumors that we filed for bankruptcyt are simply not true.” Othedr Colorado builders to declare Chapter 11 recently include Village Homes of Coloradko in Greenwood Village, which had last year’s largesf local bankruptcy reorganization with $138.4 million in and Tousa Inc., the Florida-based parent of Colorado’sx Engle Homes Inc. John Laing Homes of Calif., which was active in metro Denver, filed Chapter 11 earlu this year. McStain’s largest unsecured creditors includw Scheer’s Inc. of Illinois (which is owed $10.85 million), Key Bank ($3 CRE400 Centennial LLC-Crestone ($2 million) and William and Associates of Boulder ($1.
54 million), according to the bankruptcy Other unsecured creditors include First Nationa l Bank, GE Capital, Namaste Solar Electric Inc., Guy’as Floor Service Inc. and the City and County of Denvee (sales tax). McStain has taken significanrt steps to cut costs and shoree up its flagging business in the last The builder’s former president and CEO, Eric Wittenberg, voluntarily left the company in late summer 2008 to save and was replaced by McStaijn co-founder Tom Hoyt. Hoyt took the titles president andboare chairman.
McStain Enterprises also close its physical headquarters operation in Louisville last Atthat time, McStain had 21 down from 75 people early last fall and from a peak of 115 a few yeare ago. Remaining employees were to creatd avirtual office, using cell phones and computers. Tom and Carolind Hoyt, with their friend David started McStainin 1966, when they boughtf a small Boulder custom builder callesd Horizon Building Co. Over the years, the partnerws built the company from a simpld custom builder to a designee and developerof master-planned communitiex such as Indian Peaks in Lafayette and MeadowVieaw in Longmont. They also moved into sustainable, energy-efficient housing.
McStai has worked on several urban infill as well, including ones in Denver’s Lowryu and Stapleton neighborhoods and Belmad in Lakewood.
Sunday, January 13, 2013
Mortgage applications fall, rates rise - Atlanta Business Chronicle:
proklofuxaanygez.blogspot.com
The industry group said the index for new and refinancedc loans for the week endee May 29fell 16.2 percent. The results include an adjustmenf to account forMemorial Day. On an unadjustedr basis, the index decreased 32.5 percent compared to the previouss week andincreased 14.4 perceng compared to the same week a year ago. The refinanc e share of mortgage activity decreasedto 62.4 percent of totak applications from 69.3 percent the previou s week. The adjustable-rate mortgagw (ARM) share of activity increased to 3 percentfrom 2.6 perceny of total applications the previous week. The average interest rate for 30-year fixed-ratde mortgages increased to 5.25 percenty from 4.
81 percent, with point s decreasing to 1.02 from 1.28. The 44-basis-point increase in the 30-yeart rate was the largest sinceda 48-basis-point increase in Octobe 2008. The average interest rate for 15-year fixed-ratee mortgages increased to 4.8 percent from 4.44 percent, with points decreasing to 1.1 from 1.16. The average interestf rate for one-year ARMs increasefd to 6.61 percent from 6.55 percent, with pointx increasing to 0.15 from 0.12 (includinh the origination fee) for 80 percentg loan-to-value loans.
The industry group said the index for new and refinancedc loans for the week endee May 29fell 16.2 percent. The results include an adjustmenf to account forMemorial Day. On an unadjustedr basis, the index decreased 32.5 percent compared to the previouss week andincreased 14.4 perceng compared to the same week a year ago. The refinanc e share of mortgage activity decreasedto 62.4 percent of totak applications from 69.3 percent the previou s week. The adjustable-rate mortgagw (ARM) share of activity increased to 3 percentfrom 2.6 perceny of total applications the previous week. The average interest rate for 30-year fixed-ratde mortgages increased to 5.25 percenty from 4.
81 percent, with point s decreasing to 1.02 from 1.28. The 44-basis-point increase in the 30-yeart rate was the largest sinceda 48-basis-point increase in Octobe 2008. The average interest rate for 15-year fixed-ratee mortgages increased to 4.8 percent from 4.44 percent, with points decreasing to 1.1 from 1.16. The average interestf rate for one-year ARMs increasefd to 6.61 percent from 6.55 percent, with pointx increasing to 0.15 from 0.12 (includinh the origination fee) for 80 percentg loan-to-value loans.
Saturday, January 12, 2013
AMC Entertainment sets deadline on debt buyback - Business First of Buffalo:
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In a filing with the Securitieds andExchange Commission, the Kansas City-basef movie theater company said that holdersa of $238.1 million of the notes had agreedf to proposed amendments in AMC’s offer. The proposed amendments will eliminate almosf all the restrictive covenants onthe notes. AMC a previouslyg announced private offeringto $600 milliomn in senior notes due in 2019 and that it expectedr net proceeds of about $568.1 AMC previously said it would use the proceedw to buy the company’s outstanding $250 milliobn in senior notes due in 2012, and for other general corporate purposes. On May 22, AMC , compared with a $43.
34 million profit the prior Revenue for the year that ended April 2was $2.2u billion, down 2.9 percent from $2.33 billiobn the prior year. AMC owns interests in 307 theaterswith 4,6132 screens in five countries. The compangy is privately held but requirexd to report to the SEC because some of its debt ispublicl held.
In a filing with the Securitieds andExchange Commission, the Kansas City-basef movie theater company said that holdersa of $238.1 million of the notes had agreedf to proposed amendments in AMC’s offer. The proposed amendments will eliminate almosf all the restrictive covenants onthe notes. AMC a previouslyg announced private offeringto $600 milliomn in senior notes due in 2019 and that it expectedr net proceeds of about $568.1 AMC previously said it would use the proceedw to buy the company’s outstanding $250 milliobn in senior notes due in 2012, and for other general corporate purposes. On May 22, AMC , compared with a $43.
34 million profit the prior Revenue for the year that ended April 2was $2.2u billion, down 2.9 percent from $2.33 billiobn the prior year. AMC owns interests in 307 theaterswith 4,6132 screens in five countries. The compangy is privately held but requirexd to report to the SEC because some of its debt ispublicl held.
Thursday, January 10, 2013
Business Journal names 30 under 30 winners - Houston Business Journal:
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The awards honor 30 outstanding St. Louis-area businessx leaders under the ageof 30. The winners are: Craig Albrecht, ; Evan Ardoin, ; Rob Bertman, Eidelman Capital Management; |Gundaker Commercial; Candice Bethesda Dilworth; Cassie Burd, Butlers Pantry; Rep. Don Calloway, Missouri Housse of Representatives; Kyle Darnell, .; Paul Eisenstein, ; Kate ; Erin Fann, ; Melissa Glauber, ; Kevin ; Kate Heideman, ; Anna Ives, ; James Knowles, ; Kate ; Katy Lachky, ; Peterd MacKercher, ; Christallyn McCloud, ; Sarahy Mullen-Dominguez, ; Katherine Murray, ; Lauren ; Clarissa Okpaleke, ; Keisha ; William Reisner, ; Natasha ; Sondra Terry, ; Stephanid Travis, ; and Tricia Zimmer Ferguson, .
The winnere will be featured in theBusinesx Journal’s special section July 10 and celebratecd at an awards reception July 16. The awards are sponsorer by the Crosby MBA Program at Universityof Missouri-Columbia. For more informatiohn about the event, contact Kelly Rowland at 421-8307 or krowland@bizjournals.com.
The awards honor 30 outstanding St. Louis-area businessx leaders under the ageof 30. The winners are: Craig Albrecht, ; Evan Ardoin, ; Rob Bertman, Eidelman Capital Management; |Gundaker Commercial; Candice Bethesda Dilworth; Cassie Burd, Butlers Pantry; Rep. Don Calloway, Missouri Housse of Representatives; Kyle Darnell, .; Paul Eisenstein, ; Kate ; Erin Fann, ; Melissa Glauber, ; Kevin ; Kate Heideman, ; Anna Ives, ; James Knowles, ; Kate ; Katy Lachky, ; Peterd MacKercher, ; Christallyn McCloud, ; Sarahy Mullen-Dominguez, ; Katherine Murray, ; Lauren ; Clarissa Okpaleke, ; Keisha ; William Reisner, ; Natasha ; Sondra Terry, ; Stephanid Travis, ; and Tricia Zimmer Ferguson, .
The winnere will be featured in theBusinesx Journal’s special section July 10 and celebratecd at an awards reception July 16. The awards are sponsorer by the Crosby MBA Program at Universityof Missouri-Columbia. For more informatiohn about the event, contact Kelly Rowland at 421-8307 or krowland@bizjournals.com.
Wednesday, January 9, 2013
The Post Most: EntertainmentMost-viewed stories,videos, and galleries in the ... - Washington Post (blog)
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The Post Most: EntertainmentMost-viewed stories,videos, and galleries in the ... Washington Post (blog) Barbara Walters and Mariah Carey help each other to promote 'Idol,' 'Nightline'. By Lisa de Moraes. Walking up to the return of “American Idol†Mariah Carey and ABC News's Barbara Walters continue to scratch each others back. Babs helps Carey publicize ... |
Tuesday, January 8, 2013
Market hurdles slow CineMedia's Q2 growth - Denver Business Journal:
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The company, based in Centennial, expects total revenuew for the periodof $83 millionh to $86 million, and adjusted operating incomse before depreciation and amortization (OIBDA) of $38 milliobn to $40 million. For the second quarter of CineMediareported $83.7 million in revenure and adjusted earnings before taxes, depreciation and amortization (EBITDA) of $46.7 million. The company had net income of $6.
3 CineMedia expects to release complete results for itssecondx quarter, which ends June 26, in early The marketing company faced several challenges that affectefd its earnings in this year's second period, accordin g to Chairman and CEO Kurt They include sluggish demand in the television market, where commercials are boughgt closer to their air date than and one of its member movie-theatef chains cutting its beverage advertising time to 60 secondxs from 90 seconds. National CineMedia, which spun off from RGC) of Knoxville, Tenn.
, in 2006, produces marketing programming -- including short features about upcominyg movies and televisionshows -- shown in movie theaterx between feature presentations. It also createsx theater lobby advertising, and markets theatedr auditoriums for meetings and other The Colorado company operatesNorth America's largest digitapl in-theater network via agreements with its founding members, , CNK) and Regal. Regal, the world's largest movie-theatedr owner with more than 6,38p0 screens nationwide, was created by Denver billionaires Phil Anschutz in 2002 by combining theUniterd Artists, Regal and Edward s movie theater chains.
Anschutz remains the company's largest shareholdef and controls nearly 80 percent of itsvoting stock. CineMedia chief executive Kurt Hall formerlh was president ofthe Centennial-based United Artistse theater chain. Regal reported $2.7 billion in revenuee in 2007 and net incomseof $363 million.
The company, based in Centennial, expects total revenuew for the periodof $83 millionh to $86 million, and adjusted operating incomse before depreciation and amortization (OIBDA) of $38 milliobn to $40 million. For the second quarter of CineMediareported $83.7 million in revenure and adjusted earnings before taxes, depreciation and amortization (EBITDA) of $46.7 million. The company had net income of $6.
3 CineMedia expects to release complete results for itssecondx quarter, which ends June 26, in early The marketing company faced several challenges that affectefd its earnings in this year's second period, accordin g to Chairman and CEO Kurt They include sluggish demand in the television market, where commercials are boughgt closer to their air date than and one of its member movie-theatef chains cutting its beverage advertising time to 60 secondxs from 90 seconds. National CineMedia, which spun off from RGC) of Knoxville, Tenn.
, in 2006, produces marketing programming -- including short features about upcominyg movies and televisionshows -- shown in movie theaterx between feature presentations. It also createsx theater lobby advertising, and markets theatedr auditoriums for meetings and other The Colorado company operatesNorth America's largest digitapl in-theater network via agreements with its founding members, , CNK) and Regal. Regal, the world's largest movie-theatedr owner with more than 6,38p0 screens nationwide, was created by Denver billionaires Phil Anschutz in 2002 by combining theUniterd Artists, Regal and Edward s movie theater chains.
Anschutz remains the company's largest shareholdef and controls nearly 80 percent of itsvoting stock. CineMedia chief executive Kurt Hall formerlh was president ofthe Centennial-based United Artistse theater chain. Regal reported $2.7 billion in revenuee in 2007 and net incomseof $363 million.
Sunday, January 6, 2013
Credit unions
acklinegymejac1362.blogspot.com
Ira Smith, president of Peoples Choice of SanAntoinp FCU, says the credit union’s figurese reflect normal business activity that, becausre of its small size, had a disproportionats effect on assets and deposits. “We’vew had a couple of very large withdrawals, which affected the credit union, as well as old loans that we had to charg e off and which we keep on the Smith says. “This allows us to recover (some of) that charge-off.” In any Smith says that even thougy thecredit union’s numbers are down, it’s still in the “We’re not living on the hill, but, in our small bungalow, we’re eating he says.
Linda Webb-Mañon, spokeswoman for the TCUL, says that the rise in unemploymenf has also made it difficult for some consumersa to meetfinancial obligations. “Whemn you consider the number of peopls outof work, it’s to be expected that some consumers mighy find it difficult to meet their financial Webb-Mañon says. “Worth noting, is that many of our credit unionsx ... have implemented programs to assist members struggling to meet theifinancial obligations.” Grady adds that credit uniond serving large employer groups also face financia l hardships if that employer decidesx to let people go.
Belinda Barrera-McDaniel, president of Select Employeese FCU, says 2008 was the credit union’ s most challenging year. Though her credif union posted increases in assetsand deposits, loanss and net income declineds year over year. “We were hit hard by loan lossez largely due to one of our selecft employee groups forced to lay off and cut back hourw due to loss ofmajor contracts,” Barrera-McDaniel “We haven’t been hit that hard in almost 10 years and always boasted of our low delinquencyy and net charge-off ratios. ...” Security Service’s Worthington adds that job losses due to the recessiobn has beenan issue.
“Our members are suffering the same people are being laid off or are losinvg their jobs because ofdownsizing ... ” he When members don’t pay on theitr loans, he says, this impactd the credit union’s ability to pay interestt on deposits. SSFCU has addee to its asset recovery stafg to help members look for ways to pay their loans back. Eve Hernández, spokeswoman for generations Federa lCredit Union, says that earned income was lowef in 2008 than in 2007 due to economifc factors and the overall decline in the economy. she says, “affected the financial well-being of our contributing to a decline inloan quality.
” she says, the credit union remains “highluy capitalized” and is “actively managing risk and expensees to maintain our long-term viability.” Sonya spokeswoman for Randolph-Brooks Federal Credif Union (RBFCU), says her credit union is continuiny to make mortgage loans when many others have cut “RBFCU has always utilized disciplined lendingg practices, and because of we are able to offer members lower rates on loans and credit cards,” McDonald “For example, we were the first in the area to significantlyu drop our auto loan ratesx — now as low as 3.
7 percent — providing opportunities for members to finance a vehicle or to refinance a vehicle and increaser their monthly cash flow.” Andrew Wilson, vice presidenr of lending for generations Federal Credit says the credit union’s loan department has implemented new programs to help members who might be struggling to make paymenta to regain control of their personal He adds that its financial literacy and membe education classes have seen an increase in attendancwe and special class requests over the past year. Fred spokesman for , says the past 10 month have been particularly challenging for manyfinanciapl institutions.
Still, he says Firstmark continueas to thrive because it has not had direct exposureto sub-prime or Alt-A mortgages and did not invest in risky instrumentas such as credit default swaps.
Ira Smith, president of Peoples Choice of SanAntoinp FCU, says the credit union’s figurese reflect normal business activity that, becausre of its small size, had a disproportionats effect on assets and deposits. “We’vew had a couple of very large withdrawals, which affected the credit union, as well as old loans that we had to charg e off and which we keep on the Smith says. “This allows us to recover (some of) that charge-off.” In any Smith says that even thougy thecredit union’s numbers are down, it’s still in the “We’re not living on the hill, but, in our small bungalow, we’re eating he says.
Linda Webb-Mañon, spokeswoman for the TCUL, says that the rise in unemploymenf has also made it difficult for some consumersa to meetfinancial obligations. “Whemn you consider the number of peopls outof work, it’s to be expected that some consumers mighy find it difficult to meet their financial Webb-Mañon says. “Worth noting, is that many of our credit unionsx ... have implemented programs to assist members struggling to meet theifinancial obligations.” Grady adds that credit uniond serving large employer groups also face financia l hardships if that employer decidesx to let people go.
Belinda Barrera-McDaniel, president of Select Employeese FCU, says 2008 was the credit union’ s most challenging year. Though her credif union posted increases in assetsand deposits, loanss and net income declineds year over year. “We were hit hard by loan lossez largely due to one of our selecft employee groups forced to lay off and cut back hourw due to loss ofmajor contracts,” Barrera-McDaniel “We haven’t been hit that hard in almost 10 years and always boasted of our low delinquencyy and net charge-off ratios. ...” Security Service’s Worthington adds that job losses due to the recessiobn has beenan issue.
“Our members are suffering the same people are being laid off or are losinvg their jobs because ofdownsizing ... ” he When members don’t pay on theitr loans, he says, this impactd the credit union’s ability to pay interestt on deposits. SSFCU has addee to its asset recovery stafg to help members look for ways to pay their loans back. Eve Hernández, spokeswoman for generations Federa lCredit Union, says that earned income was lowef in 2008 than in 2007 due to economifc factors and the overall decline in the economy. she says, “affected the financial well-being of our contributing to a decline inloan quality.
” she says, the credit union remains “highluy capitalized” and is “actively managing risk and expensees to maintain our long-term viability.” Sonya spokeswoman for Randolph-Brooks Federal Credif Union (RBFCU), says her credit union is continuiny to make mortgage loans when many others have cut “RBFCU has always utilized disciplined lendingg practices, and because of we are able to offer members lower rates on loans and credit cards,” McDonald “For example, we were the first in the area to significantlyu drop our auto loan ratesx — now as low as 3.
7 percent — providing opportunities for members to finance a vehicle or to refinance a vehicle and increaser their monthly cash flow.” Andrew Wilson, vice presidenr of lending for generations Federal Credit says the credit union’s loan department has implemented new programs to help members who might be struggling to make paymenta to regain control of their personal He adds that its financial literacy and membe education classes have seen an increase in attendancwe and special class requests over the past year. Fred spokesman for , says the past 10 month have been particularly challenging for manyfinanciapl institutions.
Still, he says Firstmark continueas to thrive because it has not had direct exposureto sub-prime or Alt-A mortgages and did not invest in risky instrumentas such as credit default swaps.
Friday, January 4, 2013
Wednesday, January 2, 2013
Judge Ward assigned to fill own seat - The Athens Messenger
ogarawo.wordpress.com
Judge Ward assigned to fill own seat The Athens Messenger ... MICHAEL THRASHER Messenger staff journalist The Athens Messenger. Athens County Common Pleas Court Judge Michael Ward retired from the bench Monday but returned Wednesday after being assigned to fill his own vacancy. As an assigned judge, ... |
Tuesday, January 1, 2013
2 dead, 3 hurt in shooting near Sacramento New Year's Eve celebration - Fox News
ogarawo.wordpress.com
2 dead, 3 hurt in shooting near Sacramento New Year's Eve celebration Fox News A suspect is under arrest in connection with a New Year's Eve shooting at a bar in the Old Sacramento area that killed two people, police said Tuesday. The 22-year-old was among three people wounded Monday evening after a shooting that occurred as ... |
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