http://www.sake-db.com/link/shuhanten06.html
Campbell formerly served as F.N.B.’s lead director and serves onseveral committees. He has been a directofr since 1975. “Bill is one of our longest servinv and mostdedicated directors,” Gurgovits said in a statement. F.N.B. previouslh said it would appoint a new chairman to enablee Gurgovits to focus on his corporat responsibilities and to conformto F.N.B.’s corporate Gurgovits, who has worked at F.N.B. for 48 had taken the chairman role in April 2008 when Roberyt New was named CEO and president after anearlyt two-year search. New resigned 10 months later and Gurgovitsw stepped back in on an interimkbasis initially. He accepted the post fulltimde onJune 2. F.N.B.
is basecd in Hermitage, north of Pittsburgh, and had assete of $8.5 billion as of March 31.
Monday, November 29, 2010
Friday, November 26, 2010
Keeping up with the schemers - Minneapolis / St. Paul Business Journal:
http://mountainshadows.net/page/Spring-Time-quot-In-Your-Birding-Sanctuaryquot--Ca.html
If Ponzi’s heavyweight status rivaled thatof Joe” Frazier, Bernie Madoff’s scam arose in the ring of internationalo fraud in the manner of Muhammacd Ali. As the new symbolic face of deceit, Madof is certainly not aloneein 2009. In fact, the number of Ponzoi schemes recently uncovered is atan all-time Enter the term “Ponzi” in the Department of Justicse and FBI Web sites and you will receive 750 and 225 respectively.
In response to the Madoff case and and the public and legislative outcry directeds at regulators for failing to protectgthe public, additional investigative scrutiny has already Any company that even swerves lanes on the ’a highway needs to be prepared for a bumpy With some types of like Madoff’s or Ponzi’s, it is easy to see why the underlyinvg conduct is criminal if it’s detected. It is inherently criminal to lie to investors by takingf theirmoney (based on promises to invesy it in a certain legitimatee way), never invest it, and use the money for personal gain or for paying off returns to prior investors to perpetuate the scheme.
In extreme fraud the strike zoneis clear. In many other complex business arrangements may appear confusingor fraudulent, but the ground rules of appropriater behavior are fuzzy and there may be no intentf to defraud. Rather than the black-and-white violations in Ponzii schemes, most business-fraud investigations involve shadeszof gray. The challenge for investigators is separatin g the wheat fromthe chaff. Another challeng facing investigators is determining who was a knowing participantg inthe scheme, as compared with a collateral victim who may have been kept in the dark by the true All players in a regulatedd industry are judged by the companh they keep.
Participants shoulrd watch out for guiltby Madoff’s crimes were not discovered by regulators or but by family members who turned him in. Fueledc by angry investors and voters, and armed with the benefirt of hindsight, Congress predictably startex pointing fingers at the SEC for not catchingonto Bernie. With a new chairwomanb and a new directorof enforcement, the SEC respondexd with an aggressive starft in 2009. More specifically, the SEC has initiated 287 investigationsx since the end ofJanuary (a 32% increase from the same period last year); and has obtaineds emergency orders to freeze the assets of 27 fraudf suspects since February (vs. seve obtained during the same periodin 2008).
Hauntede by the Madoff embarrassment, the SEC is reinvigoratee and committed to conduct prompg andthorough (code word: aggressive) investigations. Just like past swingw of the enforcement pendulum, the prior era of deregulation is being replaced by reregulation in a varietyof corporate-compliancre arenas. Thus, any executive wanting to preserve protect liberties and preserves reputations must prioritizecorporate self-governance through detection, verification and early response.
In this new, reinvigorated securities-enforcemengt climate, executives and regulated companies need to protect themselvees througheffective self-governance and In particular, this requires implementing, investing in and monitoring objective measures to concretelty demonstrate good corporate citizenship like a Passover mark or meritr badge. Once the investigation bell has rung, it’es far too late. The main thrust involves preventiny problems and preparing to The political and legal spears arebeing sharpened. How stronyg is your armor, and how sturdy is your shield ?
If Ponzi’s heavyweight status rivaled thatof Joe” Frazier, Bernie Madoff’s scam arose in the ring of internationalo fraud in the manner of Muhammacd Ali. As the new symbolic face of deceit, Madof is certainly not aloneein 2009. In fact, the number of Ponzoi schemes recently uncovered is atan all-time Enter the term “Ponzi” in the Department of Justicse and FBI Web sites and you will receive 750 and 225 respectively.
In response to the Madoff case and and the public and legislative outcry directeds at regulators for failing to protectgthe public, additional investigative scrutiny has already Any company that even swerves lanes on the ’a highway needs to be prepared for a bumpy With some types of like Madoff’s or Ponzi’s, it is easy to see why the underlyinvg conduct is criminal if it’s detected. It is inherently criminal to lie to investors by takingf theirmoney (based on promises to invesy it in a certain legitimatee way), never invest it, and use the money for personal gain or for paying off returns to prior investors to perpetuate the scheme.
In extreme fraud the strike zoneis clear. In many other complex business arrangements may appear confusingor fraudulent, but the ground rules of appropriater behavior are fuzzy and there may be no intentf to defraud. Rather than the black-and-white violations in Ponzii schemes, most business-fraud investigations involve shadeszof gray. The challenge for investigators is separatin g the wheat fromthe chaff. Another challeng facing investigators is determining who was a knowing participantg inthe scheme, as compared with a collateral victim who may have been kept in the dark by the true All players in a regulatedd industry are judged by the companh they keep.
Participants shoulrd watch out for guiltby Madoff’s crimes were not discovered by regulators or but by family members who turned him in. Fueledc by angry investors and voters, and armed with the benefirt of hindsight, Congress predictably startex pointing fingers at the SEC for not catchingonto Bernie. With a new chairwomanb and a new directorof enforcement, the SEC respondexd with an aggressive starft in 2009. More specifically, the SEC has initiated 287 investigationsx since the end ofJanuary (a 32% increase from the same period last year); and has obtaineds emergency orders to freeze the assets of 27 fraudf suspects since February (vs. seve obtained during the same periodin 2008).
Hauntede by the Madoff embarrassment, the SEC is reinvigoratee and committed to conduct prompg andthorough (code word: aggressive) investigations. Just like past swingw of the enforcement pendulum, the prior era of deregulation is being replaced by reregulation in a varietyof corporate-compliancre arenas. Thus, any executive wanting to preserve protect liberties and preserves reputations must prioritizecorporate self-governance through detection, verification and early response.
In this new, reinvigorated securities-enforcemengt climate, executives and regulated companies need to protect themselvees througheffective self-governance and In particular, this requires implementing, investing in and monitoring objective measures to concretelty demonstrate good corporate citizenship like a Passover mark or meritr badge. Once the investigation bell has rung, it’es far too late. The main thrust involves preventiny problems and preparing to The political and legal spears arebeing sharpened. How stronyg is your armor, and how sturdy is your shield ?
Wednesday, November 24, 2010
U.S. Bank returns TARP money - Philadelphia Business Journal:
vidineevostegity.blogspot.com
billion in Troubled Asset Relief Program mone it took last year fromthe . U.S. Bank USB), based in Minneapolis, had previousluy announced its plans to redeem the preferred stock issued tothe Treasury. Last week, it from the governmen t to do so. U.S. Bank also told the Treasury it intends to repurchasethe 10-year warrant it had issued along with the preferred “The redemption allows our company to returbn to operating from a positioj of both independent strength and strategic said Richard Davis, the company’s president, CEO and chairman, in a The Treasury in May announced that U.S.
Bank whicg showed it would be able to ride out the economic downtur without having to raise more Davis has ofthe government’es capital purchase program. In Februar he called the program “lousy” and said the bankinvg industry was pressured to participate inthe program.
billion in Troubled Asset Relief Program mone it took last year fromthe . U.S. Bank USB), based in Minneapolis, had previousluy announced its plans to redeem the preferred stock issued tothe Treasury. Last week, it from the governmen t to do so. U.S. Bank also told the Treasury it intends to repurchasethe 10-year warrant it had issued along with the preferred “The redemption allows our company to returbn to operating from a positioj of both independent strength and strategic said Richard Davis, the company’s president, CEO and chairman, in a The Treasury in May announced that U.S.
Bank whicg showed it would be able to ride out the economic downtur without having to raise more Davis has ofthe government’es capital purchase program. In Februar he called the program “lousy” and said the bankinvg industry was pressured to participate inthe program.
Monday, November 22, 2010
Startup Puts a Twitter Twist on Real-World Networking [INVITES] - Mashable
http://fast-paydayloans-usa.com/cheap-pay-day/54-7-payday-loan-tips.htm
Mashable | Startup Puts a Twitter Twist on Real-World Networking [INVITES] Mashable The Spark of Genius Series highlights a unique feature of startups and is made possible by Microsoft BizSpark. If you would like to have your startup ... |
Sunday, November 21, 2010
Florida Legislature to decide on key business issues - South Florida Business Journal:
http://www.brides-ussr.net/faq_14.html
billion hole in the state’s $66 billionb budget. So far, the budget patches proposes by Gov. Charlie Crist and Republicajn legislative leaders rely chiefly on spending cuts and draining Tax hikes and fee increases lookunlikelyy – but only for now. “This is going to be like two weekesof tryouts,” Randy a VP with the , said of the special sessiobn scheduled for Jan. 5-16. “Butr come the regular session in weknow that’s when we’ll be in the majord leagues and a lot is going to be thrown at us.” Crist’z push for lawmakers to approve a gamblint agreement with the appeard to be off the table for the shoryt term.
The governor estimates that deal coulsdraw $135 million in new money for the state. But Senated President Jeff Atwater, R-North Palm and House Speaker Ray Sansom, rule out trying to approve a hurry-u compact in special session, likely forcingg deeper budget cuts. Losing thosr new dollars also appears to have helperd derail a handful of business incentives that Crist and lawmakerw had considered financing to soften the blow of yet anothefr round ofbudget cuts.
A small-business loan program aimed at easintg the credit crunch for some firms and expande tax credits for companies that create Floridqa jobs are initiatives that instead will have to waitunti spring, said Crist spokesman Sterling “Timing-wise, you can only do so much in a special session,” Ivey said. “But we’re lookingh at new ideas for the next fiscal year that will help the economuget going.
” With Florida leading the nationh in job losses and second in mortgagd foreclosures, the state’s economy is expected to be down througj the first quarter of 2010, with even sharpe r cuts planned for next year’s Lawmakers from both parties say that to ease what could be anotherd $5 billion in spending reductions, the Legislaturee next spring must revisif the billions of dollars in sales-tax exemptions now appliedf to dozens of goods and services – shielding interestsw ranging from accountants to ostrich farmers and charter boat fishing Although it looks unlikely to emerge from the January session, lawmakers also talk aboug increasing the state’s cigarette tax by betweebn $1 to $1.
34 a pack to pull $700 milliom a year into the state House Democratic Leader Franklin Sandsd of Weston is calling on rulingt Republicans to hold public hearings durin g the January session to allow talk of tax saying there’s a need for “openm talks with all options on the The stunning decline in tax receipts has seen Florida’se budget shrink from a brimming $72 billion in May to what is likely to be a battered $64 billio n spending plan when the speciakl session ends. Health care and schools absorv most ofthe state’s genera revenue.
But spending reductions will be “There’s talk of cutting $30 million from the state’ds affordable housing program that goes todownpaymengt assistance,” said David Hart, a VP with the . “That kind of cut woulcd really hurt because with interest rates so low, a lot of people may just need a little help to take advantage of this market.” Sen. Mike Haridopolos, R-Merritrt Island, a member of the Senate’a budget committee, acknowledged that while lawmakers are intent on not further settingt backthe state’s faltering “We have to consider what programs reall are our best return on our investment,” Haridopoloes said.
billion hole in the state’s $66 billionb budget. So far, the budget patches proposes by Gov. Charlie Crist and Republicajn legislative leaders rely chiefly on spending cuts and draining Tax hikes and fee increases lookunlikelyy – but only for now. “This is going to be like two weekesof tryouts,” Randy a VP with the , said of the special sessiobn scheduled for Jan. 5-16. “Butr come the regular session in weknow that’s when we’ll be in the majord leagues and a lot is going to be thrown at us.” Crist’z push for lawmakers to approve a gamblint agreement with the appeard to be off the table for the shoryt term.
The governor estimates that deal coulsdraw $135 million in new money for the state. But Senated President Jeff Atwater, R-North Palm and House Speaker Ray Sansom, rule out trying to approve a hurry-u compact in special session, likely forcingg deeper budget cuts. Losing thosr new dollars also appears to have helperd derail a handful of business incentives that Crist and lawmakerw had considered financing to soften the blow of yet anothefr round ofbudget cuts.
A small-business loan program aimed at easintg the credit crunch for some firms and expande tax credits for companies that create Floridqa jobs are initiatives that instead will have to waitunti spring, said Crist spokesman Sterling “Timing-wise, you can only do so much in a special session,” Ivey said. “But we’re lookingh at new ideas for the next fiscal year that will help the economuget going.
” With Florida leading the nationh in job losses and second in mortgagd foreclosures, the state’s economy is expected to be down througj the first quarter of 2010, with even sharpe r cuts planned for next year’s Lawmakers from both parties say that to ease what could be anotherd $5 billion in spending reductions, the Legislaturee next spring must revisif the billions of dollars in sales-tax exemptions now appliedf to dozens of goods and services – shielding interestsw ranging from accountants to ostrich farmers and charter boat fishing Although it looks unlikely to emerge from the January session, lawmakers also talk aboug increasing the state’s cigarette tax by betweebn $1 to $1.
34 a pack to pull $700 milliom a year into the state House Democratic Leader Franklin Sandsd of Weston is calling on rulingt Republicans to hold public hearings durin g the January session to allow talk of tax saying there’s a need for “openm talks with all options on the The stunning decline in tax receipts has seen Florida’se budget shrink from a brimming $72 billion in May to what is likely to be a battered $64 billio n spending plan when the speciakl session ends. Health care and schools absorv most ofthe state’s genera revenue.
But spending reductions will be “There’s talk of cutting $30 million from the state’ds affordable housing program that goes todownpaymengt assistance,” said David Hart, a VP with the . “That kind of cut woulcd really hurt because with interest rates so low, a lot of people may just need a little help to take advantage of this market.” Sen. Mike Haridopolos, R-Merritrt Island, a member of the Senate’a budget committee, acknowledged that while lawmakers are intent on not further settingt backthe state’s faltering “We have to consider what programs reall are our best return on our investment,” Haridopoloes said.
Friday, November 19, 2010
Recession means business for 3PLs - Charlotte Business Journal:
http://fairinworld.com/en/jewelry-and-diamonds/page_59.html
In lease transactions larger than 250,000 squarde feet, about 75% of those deals are tied to third-part y logistics companies, according to Tommy vice presidentat . “Irt has increased to the pace of wher e it is the dominant piece today in large transactions,” he says. “That is a change over Cliff Lynch, executive vice president with , formallg known as , Inc., says third-part logistics firms have been drivingg leasing activity in Memphisfor 3-4 years, but activitty has intensified due to the recession. There is a long history of firms outsourcing services when the going gets Lynch has weatheredthree recessions.
In evert one of them he noticee a trend of companies choosinbg outsourcing as a more economical meansz toachieve objectives. “Theit (third-party logistics firms) business usually gets better duringbad times,” Lynch says. “It’s simply becausd the other firms are looking towardthe so-called experts to help them reduce their staff and save money.” It’s been a stead climb. “The move to outsourcing from corporate America has increasedf steadily over the past10 years,” says Brad Kornegay, presidentg of LLC. “When you have times like these, companies begin to dip theire toes inthe water.
They may not want to sign a long-tern lease for themselves, so they may sign with a third-partyy logistics company on a shorter-term basis.” Warehouse-based third-party logistics companieds will charge for the storage of the either by square footage or bythe unit, such as the case or Those firms also charge for distributing the measured either by weigh t or unit. This outsourcing has the potentiaol to save as muchas 25% for a This saves the company from hiring employees or purchasing equipment, amongb other expenses.
Companies look at their wholre distribution networks and consultwith third-parthy logistics companies, or about where to focus distribution “Memphis, being located as we are, is probablt going to get more than its fair share of that third-parth logistics activity,” Lynch This has led to increased competition among 3PLs for warehouss space — and created a new phenomenob in the industrial real estate business. a tenant representative contacts a landlorx representative about seeing a space which might meetits client’ss needs.
Recently, Jackson has been seeinbg more and more deal proposals with similar requirementw forsquare footage, dock doors and the This is a result of working with their respective brokers, all chasing the same piece of business from a manufacturing or distributiobn company. In order to make a bid for a 3PLs have to tour the market and get the quoted rates and then competefor “That’s a new dynamic,” Jackson says. “It used to be that the compant had securedthat business.
Now, that third-partyy logistics company hasn’t secured that busines s and that’s part of their An example of this occurrex when decided to have an outsidee company runits 647,900-square-foot distribution center at 4795 Imagination Drive after years of subleasing the “My phone absolutely blew up with third-partyh logistics companies calling to find out about that buildinfg because they all wanted to chase that Jackson says.
In lease transactions larger than 250,000 squarde feet, about 75% of those deals are tied to third-part y logistics companies, according to Tommy vice presidentat . “Irt has increased to the pace of wher e it is the dominant piece today in large transactions,” he says. “That is a change over Cliff Lynch, executive vice president with , formallg known as , Inc., says third-part logistics firms have been drivingg leasing activity in Memphisfor 3-4 years, but activitty has intensified due to the recession. There is a long history of firms outsourcing services when the going gets Lynch has weatheredthree recessions.
In evert one of them he noticee a trend of companies choosinbg outsourcing as a more economical meansz toachieve objectives. “Theit (third-party logistics firms) business usually gets better duringbad times,” Lynch says. “It’s simply becausd the other firms are looking towardthe so-called experts to help them reduce their staff and save money.” It’s been a stead climb. “The move to outsourcing from corporate America has increasedf steadily over the past10 years,” says Brad Kornegay, presidentg of LLC. “When you have times like these, companies begin to dip theire toes inthe water.
They may not want to sign a long-tern lease for themselves, so they may sign with a third-partyy logistics company on a shorter-term basis.” Warehouse-based third-party logistics companieds will charge for the storage of the either by square footage or bythe unit, such as the case or Those firms also charge for distributing the measured either by weigh t or unit. This outsourcing has the potentiaol to save as muchas 25% for a This saves the company from hiring employees or purchasing equipment, amongb other expenses.
Companies look at their wholre distribution networks and consultwith third-parthy logistics companies, or about where to focus distribution “Memphis, being located as we are, is probablt going to get more than its fair share of that third-parth logistics activity,” Lynch This has led to increased competition among 3PLs for warehouss space — and created a new phenomenob in the industrial real estate business. a tenant representative contacts a landlorx representative about seeing a space which might meetits client’ss needs.
Recently, Jackson has been seeinbg more and more deal proposals with similar requirementw forsquare footage, dock doors and the This is a result of working with their respective brokers, all chasing the same piece of business from a manufacturing or distributiobn company. In order to make a bid for a 3PLs have to tour the market and get the quoted rates and then competefor “That’s a new dynamic,” Jackson says. “It used to be that the compant had securedthat business.
Now, that third-partyy logistics company hasn’t secured that busines s and that’s part of their An example of this occurrex when decided to have an outsidee company runits 647,900-square-foot distribution center at 4795 Imagination Drive after years of subleasing the “My phone absolutely blew up with third-partyh logistics companies calling to find out about that buildinfg because they all wanted to chase that Jackson says.
Thursday, November 18, 2010
Garden Calendar: city chickens, making wreaths - Dallas Morning News
http://www.simplemethods.biz/index.php?option=com_content&view=article&id=197:12-top-foods&catid=7:articles&Itemid=9
Garden Calendar: city chickens, making wreaths Dallas Morning News CITY CHICKENS: Dan Probst of Bageniece Farms will discuss hen breeds, feeding, housing and health during this session on backyard chicken basics. ... |
St. Thomas University Selected as a National Partner to the Cristo Rey Network
The Cristo Rey initiative seeks to formalize and deepebn strategic relationships with colleges and universities committexd to ensuring college success for Cristoo ReyNetwork students. "This partnershil is an important aspectof St. Thomas University fulfilling its missionof 'Developing Leadersx for Life.' Cristo Rey students represent the futurde of this nation and we are honorec to partner in the preparation of the next generation of world The Cristo Rey network students will be an importang addition to our already diverse and talented student body," said St. Thomasx University President Monsignor .
The Cristo Rey Network, foundede in 2002, comprises 22 schools - serving more than 5,300 studentes - and uses an innovative work-study model to provided a quality, college prep education to economically challenged younhg men and women in urban communities acrosw theUnited States. Ninety-five percent of Cristpo Rey students areracial minorities; 34 percent are Africabn American and 55 percent are Latino. Ninety-nin percent of the Network's 2008 graduates were accepted in a two or four year For moreinformation visit: .
President Casale remarked that, "As our nation repositions itself to meet our currenteconomiv challenge, as well as domestic and international the education of those in our most economically disadvantaged communitie s is paramount. This is why St. Thomas Universityh is committed to our partnership with the CristolRey Network. We can truly strengthen our natioh through investment in our mostprecious resource, our youth." As a partner, St. Thomas University will providewacademic support, leadership training, intercultural development, service learninfg experiences and retention research. St. Thomas University has been developing leaders for almosft50 years.
Last week, President Obam named former STU alumnus ambassador to theHoly See, representinbg the United States of America. For more informationj on St. Thomas academic programs and financiaol aid opportunities that include funding for minority students that exce in the sciencesand math, pleases visit . SOURCE St. Thomaws University
Tuesday, November 16, 2010
Clemson grads make gifts to Clemson civil engineering - Clemson University
http://www.pslogos.com/archive/january/psdfun.html
Clemson grads make gifts to Clemson civil engineering Clemson University John Atz, president of Kimley-Horn and Associates Inc., and Mike Byrd, executive vice president of the company, made their gifts for the modernization of ... |
Monday, November 15, 2010
Business warily waits on health-care reform - Nashville Business Journal:
http://www.cbcenterprise.com/salvation
President Barack Obama has mobilizedthe grass-roots supporterd that helped elect him to lobby for his visio of health-care reform, whic h includes offering Americans a government-run healtu plan as an alternative to privat e insurance. A coalition of labor unions and progressive organizations plans tospend $82 millioh on organizing efforts, advertising, research and lobbying to support the Obamw plan. Business groups, meanwhile, mostly are workiny behind the scenes to shapethe legislation.
Whiles they have serious concerns about some of theproposalse – including the public plan option and a mandates for employers to provide insurance few are trying to block health-care reform at this point. The cost of healtyh insurance has become so burdensome that something needs tobe done, they agree. “Nobody supportsz the status quo,” said Jamews Gelfand, the ’s senior manager of health policy.
“We absolutely have to have
President Barack Obama has mobilizedthe grass-roots supporterd that helped elect him to lobby for his visio of health-care reform, whic h includes offering Americans a government-run healtu plan as an alternative to privat e insurance. A coalition of labor unions and progressive organizations plans tospend $82 millioh on organizing efforts, advertising, research and lobbying to support the Obamw plan. Business groups, meanwhile, mostly are workiny behind the scenes to shapethe legislation.
Whiles they have serious concerns about some of theproposalse – including the public plan option and a mandates for employers to provide insurance few are trying to block health-care reform at this point. The cost of healtyh insurance has become so burdensome that something needs tobe done, they agree. “Nobody supportsz the status quo,” said Jamews Gelfand, the ’s senior manager of health policy.
“We absolutely have to have
Saturday, November 13, 2010
Victor MacFarlane sells stake in D.C. United - Washington Business Journal:
http://www.agrounija.com/komora-pruza-podrsku-ruralnom-turizmu.html
MacFarlane, managing principal of San Francisco-based , announce d Thursday he will sell his interesy in the Major League Soccer team to his partnefWill Chang. Chang, chairman of San Mateo, Calif.-based investmeny group Westlake International will own the operating rightzsto D.C. United. He now controls own 98 with former Duke University basketball players Brian Davis and Christiahn Laettner owningthe rest. a Chinese-Japanese American who lives in Atherton, Calif., boughg the team with his equal partner and longtime friendc MacFarlanefor $33 MacFarlane came to D.C. with high hopes of expanding his realestatew holdings.
In addition to investing in Monument Realty'se Half Street project, Forest City Washington's The Yards and Jair Lynch'ws Solea condominium project, MacFarlane wanted to builsd a new stadium for Uniter as part ofa mixed-use complex at Poplad Point. When negotiations with Mayor AdrianFenty stalled, the city issuesd a solitication for the site and his hopesx were basically dashed. MacFarlane then trierd to negotiate a deal for a new stadiujm inPrince George's County, but the county council balker at those plans as well. “Inb the beginning Victor was the lead, and Will was more recessed.
He will be more visible at this poingt and stay activein management,” said Julie Chase, a spokeswomann for the team. “Victor’s intentionn was to leave the team in good He needed to let go and refocuse on his business in real estateinvestment management.” MacFarlane'ds challenges with the stadium weren'tt his only troubles. His real estate holdingds have suffered along with the rest of the and he was forced to lay off 15 employee slast year. Chang will be juggling duties with another as he is active in managing MajotrLeague Baseball’s San Francisco Giants. “It has been an excitingb and challenging last few yearsfor D.C.
United,” said in a statement. “Though I now changde my status from owner and fan tojust fan, I plan to continuee to champion D.C. United’s goals - on and off the field.” MacFarlanre and Chang purchased the rightsto D.C. United in Januart 2007 from the . All othed team management will remainin “We have many challenges ahead for both the team and a stadiunm site, but I am confiden we will emerge successful on both fronts - including bringing the club to a strongere international level,” Chang said. “We will only improve our strategt on and offthe field.
” The team is reportedly in conversationsz with other jurisdictions in Maryland and Virginia for a new and Major League Soccer Commissioner Don Garber has raisee to possiblity of relocating the team to anothere city if a stadium deal can't be reached. who has a bachelor’s degree in economics from Harvard College, is founding chairman of the Asian Businesse League and director of the California Foundatiobn on the Environment andthe Economy.
MacFarlane, managing principal of San Francisco-based , announce d Thursday he will sell his interesy in the Major League Soccer team to his partnefWill Chang. Chang, chairman of San Mateo, Calif.-based investmeny group Westlake International will own the operating rightzsto D.C. United. He now controls own 98 with former Duke University basketball players Brian Davis and Christiahn Laettner owningthe rest. a Chinese-Japanese American who lives in Atherton, Calif., boughg the team with his equal partner and longtime friendc MacFarlanefor $33 MacFarlane came to D.C. with high hopes of expanding his realestatew holdings.
In addition to investing in Monument Realty'se Half Street project, Forest City Washington's The Yards and Jair Lynch'ws Solea condominium project, MacFarlane wanted to builsd a new stadium for Uniter as part ofa mixed-use complex at Poplad Point. When negotiations with Mayor AdrianFenty stalled, the city issuesd a solitication for the site and his hopesx were basically dashed. MacFarlane then trierd to negotiate a deal for a new stadiujm inPrince George's County, but the county council balker at those plans as well. “Inb the beginning Victor was the lead, and Will was more recessed.
He will be more visible at this poingt and stay activein management,” said Julie Chase, a spokeswomann for the team. “Victor’s intentionn was to leave the team in good He needed to let go and refocuse on his business in real estateinvestment management.” MacFarlane'ds challenges with the stadium weren'tt his only troubles. His real estate holdingds have suffered along with the rest of the and he was forced to lay off 15 employee slast year. Chang will be juggling duties with another as he is active in managing MajotrLeague Baseball’s San Francisco Giants. “It has been an excitingb and challenging last few yearsfor D.C.
United,” said in a statement. “Though I now changde my status from owner and fan tojust fan, I plan to continuee to champion D.C. United’s goals - on and off the field.” MacFarlanre and Chang purchased the rightsto D.C. United in Januart 2007 from the . All othed team management will remainin “We have many challenges ahead for both the team and a stadiunm site, but I am confiden we will emerge successful on both fronts - including bringing the club to a strongere international level,” Chang said. “We will only improve our strategt on and offthe field.
” The team is reportedly in conversationsz with other jurisdictions in Maryland and Virginia for a new and Major League Soccer Commissioner Don Garber has raisee to possiblity of relocating the team to anothere city if a stadium deal can't be reached. who has a bachelor’s degree in economics from Harvard College, is founding chairman of the Asian Businesse League and director of the California Foundatiobn on the Environment andthe Economy.
Friday, November 12, 2010
A simple act of kindness is enough to make Brits happy - Sify
http://www.automacs.org/article/Lunch--Doozies-and-Deserving-a-Piece-of-the-Pie.html
A simple act of kindness is enough to make Brits happy Sify You might have to get some people expensive gifts to make them happy, but with Brits, a simple gesture of kindness can make their day, reveals a poll. ... |
Wednesday, November 10, 2010
South Florida advertising agencies take next step in award season - South Florida Business Journal:
http://www.urgent-detective.com/06-How-I-Find-Sex-Offenders-In-My-Area-Here-Is-How-To-Find-Sex-Offenders-In-Your-Area.html
The agency’s State Farm ad “Losx Felinos de la Noche” won a Charlie in the nontraditional advertising category, and “Soccer also for State Farm, won in the consumer/trade publication category. Alma DDB was one of severa l South Florida shops to win big at the held recently in Orland and honoring top ad shops from throughout Florid a andthe Caribbean. Brand Tango in Fort Lauderdale won a Charlied for its Royal Palms Vacations Member Kit for Royapl Palm Vacations in the salespromotion category. The agency also took two gold Miami-based Sapient took a Charlie for “Burn Altetr Ego Facebook Campaign & Application” for clientr in the interactive category.
The agency also won a gold LLC in Fort Lauderdale earned a Charlie in the industryg self promotion category for its Pinpoint Communications BrandcAid Kit. The agency also won a gold Among the local gold awarde winners fromthe , took threse gold Addys and Battled Advertising took two gold Addys. From the Fort Lauderdals Advertising Federation, Jacaty + Associates and Peak Seven Advertisingb each won onegold Addy. Nikki Aliseol and Bradley Gram, both students at the , each won a studen t gold Addy. From the , Image Factoryh took three gold Addys, and Machado Garcia-Serra and PG Creatives each took two.
Other winners included Accentmarketing, Creativw On Demand, Kabookaboo, Macias MARCA, Out of the Blue Advertising and TAG, each won one gold Aiden Ho, David Benoliel and McDonald Predelus, studentsd with the Miami Ad School, each won a student gold Winning Student Best of Show this yearwere J. Smith, Aidenm Ho and Brigham White of Miam i Ad School fortheir “Don’t Let There Be A Last television spot. They also won a studen t gold Addy forthe piece. Gold and select silvefr winners will advance to the national competition later this year. In another marketing competition, in Miamik recently took a Webbuy Awardfor Internet-related marketing work on behalff of Mozilla Firefox 3.
The firm earned a People’ds Voice Award for best online campaign for its Downloar Daylaunch campaign. in Miamui has been named to handle the comprehensiv e Hispanic marketing program in selecf markets for OilCan Henry’s, the Portland, Ore.-bases automotive service franchise. Barceló Rum in Miamki has named to handle news of its new bottlwe designand tagline. Accentmarketing and its agencgy partners have wonthe U.S. Navy’s advertisintg and marketing communications work for athire term, following a mandatory competitive n STIR-Communications in Miami has signecd several new clients.
They include: , LP, the operating arm of Dallas-baseds ; High Point Energy, a solar energuy solutions providerin Miami; MoreGallons.co in Philadelphia, a fixed price gas savings Boynk, also in an action sports sponsorship organization; , in Miamiu and Chicago, a real estate investor; Bertonji Lounge & Brick Oven a Miami restaurant chain; and Dolcde Vita Gelato Café, a gelatl chain with eight area locations. Zimmerma n Advertising in Fort Lauderdale has been named to make over the branxd and almost 400 retail locationsfor Arcadia, Wis.-basexd . Fresh, Ink., a division of Ink. in Miami Beach, has bolstered its client roster.
New accounts Shiso in Miami Beach, an Asian-inspired restaurant; New Conceptg Video in Miami, an alternativee and boutique video store, for event marketing and media MySpa atInterContinental Miami; Keva by Keva J, for productg placement for the swimwear Art of Shade in Hollywood, designer Kayce Armstrong’a boutique; Bodegas Fariñas, South Florida P.R. for the Spanish wine PK Graphics/ in Miami, a publishingb house of prints, posters and digitap design; and A Fish Calleed Avalon in Miami Beach, a seafoo grill on Ocean Drive. Taigh White, assistanyt VP and online marketing managerfor , was named president of the .
The agency’s State Farm ad “Losx Felinos de la Noche” won a Charlie in the nontraditional advertising category, and “Soccer also for State Farm, won in the consumer/trade publication category. Alma DDB was one of severa l South Florida shops to win big at the held recently in Orland and honoring top ad shops from throughout Florid a andthe Caribbean. Brand Tango in Fort Lauderdale won a Charlied for its Royal Palms Vacations Member Kit for Royapl Palm Vacations in the salespromotion category. The agency also took two gold Miami-based Sapient took a Charlie for “Burn Altetr Ego Facebook Campaign & Application” for clientr in the interactive category.
The agency also won a gold LLC in Fort Lauderdale earned a Charlie in the industryg self promotion category for its Pinpoint Communications BrandcAid Kit. The agency also won a gold Among the local gold awarde winners fromthe , took threse gold Addys and Battled Advertising took two gold Addys. From the Fort Lauderdals Advertising Federation, Jacaty + Associates and Peak Seven Advertisingb each won onegold Addy. Nikki Aliseol and Bradley Gram, both students at the , each won a studen t gold Addy. From the , Image Factoryh took three gold Addys, and Machado Garcia-Serra and PG Creatives each took two.
Other winners included Accentmarketing, Creativw On Demand, Kabookaboo, Macias MARCA, Out of the Blue Advertising and TAG, each won one gold Aiden Ho, David Benoliel and McDonald Predelus, studentsd with the Miami Ad School, each won a student gold Winning Student Best of Show this yearwere J. Smith, Aidenm Ho and Brigham White of Miam i Ad School fortheir “Don’t Let There Be A Last television spot. They also won a studen t gold Addy forthe piece. Gold and select silvefr winners will advance to the national competition later this year. In another marketing competition, in Miamik recently took a Webbuy Awardfor Internet-related marketing work on behalff of Mozilla Firefox 3.
The firm earned a People’ds Voice Award for best online campaign for its Downloar Daylaunch campaign. in Miamui has been named to handle the comprehensiv e Hispanic marketing program in selecf markets for OilCan Henry’s, the Portland, Ore.-bases automotive service franchise. Barceló Rum in Miamki has named to handle news of its new bottlwe designand tagline. Accentmarketing and its agencgy partners have wonthe U.S. Navy’s advertisintg and marketing communications work for athire term, following a mandatory competitive n STIR-Communications in Miami has signecd several new clients.
They include: , LP, the operating arm of Dallas-baseds ; High Point Energy, a solar energuy solutions providerin Miami; MoreGallons.co in Philadelphia, a fixed price gas savings Boynk, also in an action sports sponsorship organization; , in Miamiu and Chicago, a real estate investor; Bertonji Lounge & Brick Oven a Miami restaurant chain; and Dolcde Vita Gelato Café, a gelatl chain with eight area locations. Zimmerma n Advertising in Fort Lauderdale has been named to make over the branxd and almost 400 retail locationsfor Arcadia, Wis.-basexd . Fresh, Ink., a division of Ink. in Miami Beach, has bolstered its client roster.
New accounts Shiso in Miami Beach, an Asian-inspired restaurant; New Conceptg Video in Miami, an alternativee and boutique video store, for event marketing and media MySpa atInterContinental Miami; Keva by Keva J, for productg placement for the swimwear Art of Shade in Hollywood, designer Kayce Armstrong’a boutique; Bodegas Fariñas, South Florida P.R. for the Spanish wine PK Graphics/ in Miami, a publishingb house of prints, posters and digitap design; and A Fish Calleed Avalon in Miami Beach, a seafoo grill on Ocean Drive. Taigh White, assistanyt VP and online marketing managerfor , was named president of the .
Tuesday, November 9, 2010
Landscape business blooms in tough times - Puget Sound Business Journal (Seattle):
grachevakautawil.blogspot.com
But in Adkins is not only doinh well, it has been thriving sincd therecession began. Travis owner of Burns Nursery, says his retailo sales have climbed 35 percent sincwe the start ofthe recession. He creditas this growth to the fact that more peopl e are now staying home and investin g in their own yards rather than going onexpensivde vacations. “The economy has really helped us,” Burns “People want to fix their place up.
More peopld than ever are staying home and doingy landscaping and putting in vegetable Burns says his business has grown steadily over the last five yeard since he added the retail segment to his successful commerciaolandscaping business, but the company has seen a huge impact on the retail side this past year. One reason the nursery has doneso well, Burnsw says, is because it makee a point of reaching out to do-it-yourselfers people who want to do most of the work themselvess but need a little help gettingb started. “This is not a typical nursery,” Burns People walking into Burnsw Nursery will see many design elements on display including nine differenytwater features.
The nursery is laid out much like a botanical garden and Burns says this is done to help showcase the work that is done by the buildint and design segment of his Having both a retail and a design business in the same locatiob makes Burns Nursery a greatg placefor do-it-yourselfers to go for help, Burnz says. “We know the word gets around about how uniquewe are,” he “We have the abilitty to take somebody into our office and whip up a landscape desigb for them. We are not afraidc to go the extra milefor them.
” Travix Burns launched his landscaping business about 15 yearss ago shortly after he decided to hang up his spursa following a six-year career as a rodep bull rider. A native of Adkins, Burns grew up in a rodeo familyt and attended Howard Junior College in Big Spriny on arodeo scholarship. He becams a professional bull rider in 1988 at age 18 and travele d the rodeo circuit for the next six He decided to give up bull ridingg after he was seriously hurt following a bull ride that left him with a puncturexd lung and atorn liver. “I was smart enougyh to decide right then that I was not goingb to getback on,” Burnx recalls.
“There is not a day goes by thatI don’ miss it, but when I was laying therew in the dirt with tubes coming out of me I knew it was Burns says of bull riding that it is not a questionh of “if” someone will get hurt but “when” and “howe bad.” After leaving the rodeo circuitg in 1994, Burns got a job with a divisio of in San Antonio. While workinv there, he began doing landscape projectsz on the side and by 1999 it had grown to the pointg where he was able to quit his job with Ford and go into the landscap design businessfull time. Today, Burnw Nursery employs 40 people and brought inabout $3.2 million in revenure last year.
The nursery is located at 13893 Highway 87 East in Adkin which is due east of downtowmn San Antonio and just outsidwe ofLoop 1604. The property sits on nine acres of land and is housesd ina 9,000-square-foot building that was once a socialk club some 40 years ago. Burns says he knew abouyt the property when he was growing up and decideds to purchase it from GraceBible Church. The churchg had owned the building for about five years before agreeing to sell it to Burns Burns previously focused his business on the commerciaol construction and design side up until fiveyears ago.
since branching out, the companty has been able to pick up landscaping and hardscapinfg jobs throughout South Texas and the Texas Hill The company specializes in putting in water feature s such as ponds and water but also builds decks and patios and installs sprinkled systems andoutdoor lighting. Burns says he likesz to hold social activitiesw at the nursery in the evenings so that he can show off how well landscape lighting can make the place He regularly has wine and cheese parties atthe nursery, complete with a jazz band.
Burnws Nursery also conducts numerous seminars and classes for This fall, the company will invite experts to give talka and demonstrations on topics like organic gardening and “If we can get people to come out and see the kindd of things that they can do it will just encouragde them to do more business with us,” Burns “We can help set them up and give them directions and some discounts. Lots of nurseries won’tt take those extra steps, but it has helped our businessw thrive.
”
But in Adkins is not only doinh well, it has been thriving sincd therecession began. Travis owner of Burns Nursery, says his retailo sales have climbed 35 percent sincwe the start ofthe recession. He creditas this growth to the fact that more peopl e are now staying home and investin g in their own yards rather than going onexpensivde vacations. “The economy has really helped us,” Burns “People want to fix their place up.
More peopld than ever are staying home and doingy landscaping and putting in vegetable Burns says his business has grown steadily over the last five yeard since he added the retail segment to his successful commerciaolandscaping business, but the company has seen a huge impact on the retail side this past year. One reason the nursery has doneso well, Burnsw says, is because it makee a point of reaching out to do-it-yourselfers people who want to do most of the work themselvess but need a little help gettingb started. “This is not a typical nursery,” Burns People walking into Burnsw Nursery will see many design elements on display including nine differenytwater features.
The nursery is laid out much like a botanical garden and Burns says this is done to help showcase the work that is done by the buildint and design segment of his Having both a retail and a design business in the same locatiob makes Burns Nursery a greatg placefor do-it-yourselfers to go for help, Burnz says. “We know the word gets around about how uniquewe are,” he “We have the abilitty to take somebody into our office and whip up a landscape desigb for them. We are not afraidc to go the extra milefor them.
” Travix Burns launched his landscaping business about 15 yearss ago shortly after he decided to hang up his spursa following a six-year career as a rodep bull rider. A native of Adkins, Burns grew up in a rodeo familyt and attended Howard Junior College in Big Spriny on arodeo scholarship. He becams a professional bull rider in 1988 at age 18 and travele d the rodeo circuit for the next six He decided to give up bull ridingg after he was seriously hurt following a bull ride that left him with a puncturexd lung and atorn liver. “I was smart enougyh to decide right then that I was not goingb to getback on,” Burnx recalls.
“There is not a day goes by thatI don’ miss it, but when I was laying therew in the dirt with tubes coming out of me I knew it was Burns says of bull riding that it is not a questionh of “if” someone will get hurt but “when” and “howe bad.” After leaving the rodeo circuitg in 1994, Burns got a job with a divisio of in San Antonio. While workinv there, he began doing landscape projectsz on the side and by 1999 it had grown to the pointg where he was able to quit his job with Ford and go into the landscap design businessfull time. Today, Burnw Nursery employs 40 people and brought inabout $3.2 million in revenure last year.
The nursery is located at 13893 Highway 87 East in Adkin which is due east of downtowmn San Antonio and just outsidwe ofLoop 1604. The property sits on nine acres of land and is housesd ina 9,000-square-foot building that was once a socialk club some 40 years ago. Burns says he knew abouyt the property when he was growing up and decideds to purchase it from GraceBible Church. The churchg had owned the building for about five years before agreeing to sell it to Burns Burns previously focused his business on the commerciaol construction and design side up until fiveyears ago.
since branching out, the companty has been able to pick up landscaping and hardscapinfg jobs throughout South Texas and the Texas Hill The company specializes in putting in water feature s such as ponds and water but also builds decks and patios and installs sprinkled systems andoutdoor lighting. Burns says he likesz to hold social activitiesw at the nursery in the evenings so that he can show off how well landscape lighting can make the place He regularly has wine and cheese parties atthe nursery, complete with a jazz band.
Burnws Nursery also conducts numerous seminars and classes for This fall, the company will invite experts to give talka and demonstrations on topics like organic gardening and “If we can get people to come out and see the kindd of things that they can do it will just encouragde them to do more business with us,” Burns “We can help set them up and give them directions and some discounts. Lots of nurseries won’tt take those extra steps, but it has helped our businessw thrive.
”
Monday, November 8, 2010
Hole in middle: Doughnut hitting plaguing Rangers - USA Today
http://www.provopride.com/story/2006/12/17/175528/63
Hole in middle: Doughnut hitting plaguing Rangers USA Today By H. Darr Beiser, USA TODAY By Mike Dodd, USA TODAY ARLINGTON, Texas รข€" As the Texas Rangers stare at elimination in the World Series, there is one glaring ... |
Saturday, November 6, 2010
Mind over matter: What recession? - Minneapolis / St. Paul Business Journal:
http://popcorndealmakers.com/popcorn-supplies-snap-paks-white-popcorn-packs-for-4oz-machine.html
If only it were that It seems like every time there is some good news you haveto admit, there’s been more of it latelyt — we get hit with anotherd dose of reality just a day later. And the reality is stil l not good. There are undoubtedly some data suggesting that economicdconditions have, if nothing else, bottomed out. One economis t used this metaphor: If the economy were a persobn falling down an elevator the free-fall has sloweds down a bit. Ouch. But mixed economic reports are creating something of a dizzyingmental game. My psyche just can’t handle the yo-yi trajectory of the news lately.
Just when you think it is safe to come from behin yourbunker — err, desk — some governmenr economic statistics agency has to go and put out a reporyt dashing our hopes. Government bureaucratse love todo that. Ever invitre one to a party? Course not. They stands in the corner all night sipping a Tom Collins and tryinyg to interest your guests in chitchat abou t Excel spreadsheets andthe like. I was pretty exited earlier this month when the stock market had posted quitde afew gains. Then a report on retail salesd in April was worse than The stock market fellback again. Don’t even get me startecd on homesales reports. Anothe day, another report.
On our Web site one day in May, we had two conflictinfg headlines about the residential realestate market. They were from two differeny reports measuring twodifferen things, but their discrepancies sure didn’t help me understans the market any better. Who can keep the the Realtors, the existing-home sales or the new-homee sales reports straight? The same goes for In any given month, we get no fewerd than three unemployment reports. BLS that’s the Bureau of Labore Statistics — issues separate figures for Maryland, Virginiq and D.C.
Then it issues yet another figure for the Both figures lag behind the national so most people end upcomparing apples-to-oranges when they try to talk intelligently at networking events. If you need somethinvg intelligentto say, just repeayt that employment is a lagginhg indicator. This recovery, at least in the beginning, is likelyt to be a “jobless” one. In January 2008, our formerf editor, Mike Mills, used this space to lament the delahy in officially declaring the recession that we all knewwas “We want our recessiobn and we want it now,” Mills wrote.
But even in the face of mountin g evidence ofa downturn, President Bush refused to recognizw how poor the economy was. Why? Both W and his dad took the same Don’t ask, don’t tell. Like any politician, they knew there woulc be no escaping a downturn once the leader of the free world acknowledged it. W didn’t use the R word untilo after the National Bureaju ofEconomic Research, a nonprofit economists group in Mass., said in Decembefr that the recession had actually started a year That was nearly a month after the November election. Then there’w President Barack Obama.
Notics how positive his tone has been abourthe economy, mere months after taking office amid the worst economic crisis since the Greay Depression? News came May 26 that one leading indicator, consumere confidence, soared in May to its highesyt point since September, and we all know what happeneds in the dark days of September. If that’s not a psychologicalp boost, I don’t know what is. So how do we keep it going? We want our recovery and we wantit now. All togethe r now: I think we can. I thinl we can. It’s worth giving it a try.
If only it were that It seems like every time there is some good news you haveto admit, there’s been more of it latelyt — we get hit with anotherd dose of reality just a day later. And the reality is stil l not good. There are undoubtedly some data suggesting that economicdconditions have, if nothing else, bottomed out. One economis t used this metaphor: If the economy were a persobn falling down an elevator the free-fall has sloweds down a bit. Ouch. But mixed economic reports are creating something of a dizzyingmental game. My psyche just can’t handle the yo-yi trajectory of the news lately.
Just when you think it is safe to come from behin yourbunker — err, desk — some governmenr economic statistics agency has to go and put out a reporyt dashing our hopes. Government bureaucratse love todo that. Ever invitre one to a party? Course not. They stands in the corner all night sipping a Tom Collins and tryinyg to interest your guests in chitchat abou t Excel spreadsheets andthe like. I was pretty exited earlier this month when the stock market had posted quitde afew gains. Then a report on retail salesd in April was worse than The stock market fellback again. Don’t even get me startecd on homesales reports. Anothe day, another report.
On our Web site one day in May, we had two conflictinfg headlines about the residential realestate market. They were from two differeny reports measuring twodifferen things, but their discrepancies sure didn’t help me understans the market any better. Who can keep the the Realtors, the existing-home sales or the new-homee sales reports straight? The same goes for In any given month, we get no fewerd than three unemployment reports. BLS that’s the Bureau of Labore Statistics — issues separate figures for Maryland, Virginiq and D.C.
Then it issues yet another figure for the Both figures lag behind the national so most people end upcomparing apples-to-oranges when they try to talk intelligently at networking events. If you need somethinvg intelligentto say, just repeayt that employment is a lagginhg indicator. This recovery, at least in the beginning, is likelyt to be a “jobless” one. In January 2008, our formerf editor, Mike Mills, used this space to lament the delahy in officially declaring the recession that we all knewwas “We want our recessiobn and we want it now,” Mills wrote.
But even in the face of mountin g evidence ofa downturn, President Bush refused to recognizw how poor the economy was. Why? Both W and his dad took the same Don’t ask, don’t tell. Like any politician, they knew there woulc be no escaping a downturn once the leader of the free world acknowledged it. W didn’t use the R word untilo after the National Bureaju ofEconomic Research, a nonprofit economists group in Mass., said in Decembefr that the recession had actually started a year That was nearly a month after the November election. Then there’w President Barack Obama.
Notics how positive his tone has been abourthe economy, mere months after taking office amid the worst economic crisis since the Greay Depression? News came May 26 that one leading indicator, consumere confidence, soared in May to its highesyt point since September, and we all know what happeneds in the dark days of September. If that’s not a psychologicalp boost, I don’t know what is. So how do we keep it going? We want our recovery and we wantit now. All togethe r now: I think we can. I thinl we can. It’s worth giving it a try.
Friday, November 5, 2010
Palm Beach County clerk cuts 66 employees - South Florida Business Journal:
http://www.askcomputerhardware.com/Desktops/HP-Pavilion-Slimline-S3720F/
million, or 18 percent, reduction in the office’s budget by July 1, countty clerk Sharon Bock said in a news The cuts are expectedto “significantly impac service levels at the Clerk’s seven Palm Beacb County locations,” she noted in the release. The requiredc staff cuts leave the office with fewer peopld to pursue and collect millions of dollare in unpaid traffic andcourt fees, whichb will lead to more budgett cuts. “It’s a vicious cycle designed to underfund us into she said.
Thirty-two employees accepted a buyoutg offer this month and will leave June 30 with a full payout on theirsick leave, rather than the normal 25 percengt to 50 percent offered under current termination policies. On May 29, an additionj 34 employees were told during staff meetings that they were beintglaid off, effective June 12. They will receive four weekz of pay. With these layoffs and the positionapreviously eliminated, the office has cut 101 position s -- 16 percent of management positions and 12 percent of hourly positionas -- in the past year.
The Clermk & Comptroller’s Office, which employs more than 800 in offices throughout PalmBeacg County, handles the business arm of the courf system. Employees receive, file and retrieve courtf documents, process fees and traffic and enter and maintain case information inthe court’s computerr system.
million, or 18 percent, reduction in the office’s budget by July 1, countty clerk Sharon Bock said in a news The cuts are expectedto “significantly impac service levels at the Clerk’s seven Palm Beacb County locations,” she noted in the release. The requiredc staff cuts leave the office with fewer peopld to pursue and collect millions of dollare in unpaid traffic andcourt fees, whichb will lead to more budgett cuts. “It’s a vicious cycle designed to underfund us into she said.
Thirty-two employees accepted a buyoutg offer this month and will leave June 30 with a full payout on theirsick leave, rather than the normal 25 percengt to 50 percent offered under current termination policies. On May 29, an additionj 34 employees were told during staff meetings that they were beintglaid off, effective June 12. They will receive four weekz of pay. With these layoffs and the positionapreviously eliminated, the office has cut 101 position s -- 16 percent of management positions and 12 percent of hourly positionas -- in the past year.
The Clermk & Comptroller’s Office, which employs more than 800 in offices throughout PalmBeacg County, handles the business arm of the courf system. Employees receive, file and retrieve courtf documents, process fees and traffic and enter and maintain case information inthe court’s computerr system.
Wednesday, November 3, 2010
Eddie Bauer declares bankruptcy - Pacific Business News (Honolulu):
proklofuxaanygez.blogspot.com
Eddie Bauer had struggled with its debt a crisis that worsened asrevenue dropped, part of an overallo trend affecting most retailers durinfg the recession. The company has lost nearly a half billion dollarz in the pastthree years. Those coupled with the impact of the recessioh and debt payments apparently pushed the compangy into bankruptcycourt — a move that was rumored for Eddie Bauer became the latest major retailer to succumb to filing in bankruptcy court this recession. The list also includes Linens ‘n Things, Circuirt City and Northwest retailer Joe’sz Sports & Outdoor, which sold its assets to a liquidatore in April and closed31 stores.
In many ways, Eddie Bauer’ss crisis is not different from what most retailersd are facing during this prolongesd anddeep recession, said Greg an Atlanta-based consultant for Conway MacKenziw who works with financially stressed retailers lookinfg to restructure. Most retailersz — except discount stores like Wal-Mart have seen a fast drop-offt in retail revenue acrosszthe board, Charleston said. Many of the specialtu retail department stores haveseen double-digitt same-store sales declines, he “When revenue drops and same-store sale drop, companies with less debt can weather a downturnb much longer,” Charleston said.
“It becomex an issue much sooner if you are intoliquidity issues.” As of May 11, Eddiw Bauer reported having $289.5 millionm in outstanding debt, includinyg $187.8 million in term loans and $75 million in convertibl notes, which company executives have been trying to persuade debt-holders to convert into sharesd of the company. According to a filingt with the Securities and Exchange Eddie Bauer had total assetsof $525.2 2 million in April. The companh listed total liabilitiesof $448.9 Eddie Bauer reported losses of $165.5 million in fiscal year part of a total of $478.7 milliohn in losses during the past three fiscalp years.
In the first quarter that ended in the company reported net lossesof 44.5 For the first quarter of fiscall year 2009, which ended April 4, Eddie Bauer reporterd a loss of $44.5 million. That was a greatet loss than the firstf quarterof 2008, when the companh reported a $19.3 million loss. Sales for the firs quarter of 2009were $179.8 million, compared with net saleds of $213.2 million in the first quarteer of 2008. The company said that combined comparabld storesales — a barometer of success at the store level — fell 11.3 percent for the firstg quarter, a decline the company blameed on the recession and reduced retailk spending.
Sales were down nearly 15 percentf inEddie Bauer’s retail stores and sale s through its direct channel were down nearly 11 The outlet stores saw sales declined by nearlu 76 percent. “The first quarter was a difficulr one, as the sharp downturn in the economy took its toll on our We continued to focus on cost cutting and cash flow which helped mitigate the impact oflower sales,” said CEO Neil in a statement with the first-quarter resultes filed with the SEC. It’s uncleart what impact bankruptcy might have onEddie Bauer’ds 370 stores, including 251 retail stores and 119 outlert stores in the United Stateds and Canada.
Eddie Bauer has 17 stores in Washingtob and 11 storesin (See a copy of the bankruptcy filingb .) But by filing for reorganization undee Chapter 11 of the federal bankruptcy code, Eddie Bauer hope s to avoid the fate of Joe’s Sports Outdoor, which filed for bankruptcy protect Marcn 4. The Wilsonvill-based company had hopeds to finda buyer. But In a bankruptcy judge approved the liquidation ofthe Joe’s store after the company coul not find a buyer. Joe’s had 31 Northwesty stores thatheld going-out-of-businessw sales after the company’s assets were snapped up at bargainj basement prices by , a liquidator that also sold off merchandis e for Circuit City.
Eddie Bauer had struggled with its debt a crisis that worsened asrevenue dropped, part of an overallo trend affecting most retailers durinfg the recession. The company has lost nearly a half billion dollarz in the pastthree years. Those coupled with the impact of the recessioh and debt payments apparently pushed the compangy into bankruptcycourt — a move that was rumored for Eddie Bauer became the latest major retailer to succumb to filing in bankruptcy court this recession. The list also includes Linens ‘n Things, Circuirt City and Northwest retailer Joe’sz Sports & Outdoor, which sold its assets to a liquidatore in April and closed31 stores.
In many ways, Eddie Bauer’ss crisis is not different from what most retailersd are facing during this prolongesd anddeep recession, said Greg an Atlanta-based consultant for Conway MacKenziw who works with financially stressed retailers lookinfg to restructure. Most retailersz — except discount stores like Wal-Mart have seen a fast drop-offt in retail revenue acrosszthe board, Charleston said. Many of the specialtu retail department stores haveseen double-digitt same-store sales declines, he “When revenue drops and same-store sale drop, companies with less debt can weather a downturnb much longer,” Charleston said.
“It becomex an issue much sooner if you are intoliquidity issues.” As of May 11, Eddiw Bauer reported having $289.5 millionm in outstanding debt, includinyg $187.8 million in term loans and $75 million in convertibl notes, which company executives have been trying to persuade debt-holders to convert into sharesd of the company. According to a filingt with the Securities and Exchange Eddie Bauer had total assetsof $525.2 2 million in April. The companh listed total liabilitiesof $448.9 Eddie Bauer reported losses of $165.5 million in fiscal year part of a total of $478.7 milliohn in losses during the past three fiscalp years.
In the first quarter that ended in the company reported net lossesof 44.5 For the first quarter of fiscall year 2009, which ended April 4, Eddie Bauer reporterd a loss of $44.5 million. That was a greatet loss than the firstf quarterof 2008, when the companh reported a $19.3 million loss. Sales for the firs quarter of 2009were $179.8 million, compared with net saleds of $213.2 million in the first quarteer of 2008. The company said that combined comparabld storesales — a barometer of success at the store level — fell 11.3 percent for the firstg quarter, a decline the company blameed on the recession and reduced retailk spending.
Sales were down nearly 15 percentf inEddie Bauer’s retail stores and sale s through its direct channel were down nearly 11 The outlet stores saw sales declined by nearlu 76 percent. “The first quarter was a difficulr one, as the sharp downturn in the economy took its toll on our We continued to focus on cost cutting and cash flow which helped mitigate the impact oflower sales,” said CEO Neil in a statement with the first-quarter resultes filed with the SEC. It’s uncleart what impact bankruptcy might have onEddie Bauer’ds 370 stores, including 251 retail stores and 119 outlert stores in the United Stateds and Canada.
Eddie Bauer has 17 stores in Washingtob and 11 storesin (See a copy of the bankruptcy filingb .) But by filing for reorganization undee Chapter 11 of the federal bankruptcy code, Eddie Bauer hope s to avoid the fate of Joe’s Sports Outdoor, which filed for bankruptcy protect Marcn 4. The Wilsonvill-based company had hopeds to finda buyer. But In a bankruptcy judge approved the liquidation ofthe Joe’s store after the company coul not find a buyer. Joe’s had 31 Northwesty stores thatheld going-out-of-businessw sales after the company’s assets were snapped up at bargainj basement prices by , a liquidator that also sold off merchandis e for Circuit City.
Tuesday, November 2, 2010
Metro could restore more routes with federal bill - St. Louis Business Journal:
stockdaleiqemico1521.blogspot.com
Metro CEO Robert Baer said that would free up anadditionall $4.3 million in stimulus funding to restore routes that were cut in Marcjh to help offset the agency's $50 milliojn budget deficit. Missouri lawmakers to help Metro restore some bus routeds so passage of the federal bill would bump that amountf upto $16.3 million. The $12 million from the statse will help Metro restore a third of the bus serviced cuts madein March, adding buses on busy route and returning service to West St. Louis Count y lines. Baer said the transit agency woulx have to consider the impacyt on shifting money from capital projects to fund service withouf hurting muchneeded construction.
"It's not a done deal but it woulsd be great to have if it he said. Last week, U.S. Sen. Claire McCaskill, D-Mo., askeed that funding be available foroperationalo costs, instead of just for construction and capitolk improvements. “Metro St. Louis who made a good wage and contribut e tothe community,” McCaskill wrote in a letterd to Daniel Inouye, chairman of the Senate appropriations committee.
“Local employers have expressed strong concerns abouft the impact service cuts have on theifr employees being able to get to work Given the layoffs and system cuts that are occurriny throughoutthe country, Congress should allowe these (American Recovery and Reinvestment Act) funda to also be used for operations, just as Congres s has helped states meet their operations needs with stabilizatio n funds.” The stimulus package includef $8.4 billion in formula grants for public transit projects nationwide. The bills heads to House-Senatwe negotiations next.
Metro CEO Robert Baer said that would free up anadditionall $4.3 million in stimulus funding to restore routes that were cut in Marcjh to help offset the agency's $50 milliojn budget deficit. Missouri lawmakers to help Metro restore some bus routeds so passage of the federal bill would bump that amountf upto $16.3 million. The $12 million from the statse will help Metro restore a third of the bus serviced cuts madein March, adding buses on busy route and returning service to West St. Louis Count y lines. Baer said the transit agency woulx have to consider the impacyt on shifting money from capital projects to fund service withouf hurting muchneeded construction.
"It's not a done deal but it woulsd be great to have if it he said. Last week, U.S. Sen. Claire McCaskill, D-Mo., askeed that funding be available foroperationalo costs, instead of just for construction and capitolk improvements. “Metro St. Louis who made a good wage and contribut e tothe community,” McCaskill wrote in a letterd to Daniel Inouye, chairman of the Senate appropriations committee.
“Local employers have expressed strong concerns abouft the impact service cuts have on theifr employees being able to get to work Given the layoffs and system cuts that are occurriny throughoutthe country, Congress should allowe these (American Recovery and Reinvestment Act) funda to also be used for operations, just as Congres s has helped states meet their operations needs with stabilizatio n funds.” The stimulus package includef $8.4 billion in formula grants for public transit projects nationwide. The bills heads to House-Senatwe negotiations next.
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