CA to Buy Application Testing Company ITKO - PCWorld

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CA to Buy Application Testing Company ITKO PCWorld Lisa  »

Wells Fargo to create 200 jobs in San Antonio - San Antonio Business Journal:

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The mortgage lender will be hosting a job fair on June 4 at the Wachovia office at 4101Wiseman Blvd. The job fair will be held from 2 to8 p.m. Wellds Fargo will be hiring full-timr mortgage servicing positions inboth loan-application processing and default/retention. Custome r service representatives will work with customers who are facinfg delinquent payments and will discuss payment The company will also hire positions that do not deal directly withthe public. Applicantds are asked to bring their resumes and be prepared for apossiblew interview. Candidates are encouraged to apply onlinew before the job fair and have an establishecd employmentprofile ready.
A listing of job openingws can be found online at wellsfargo.com/careers. Helenh Bow, spokeswoman for Wells Fargo says San Antoniol was selected for the additional jobs fortwo “We do have that wonderful center from the Wachovi acquisition and there is great talent in that Wells Fargo Home Mortgage is one of the nation’z leading retail mortgage lenders and services one of every six mortgage loans in the nation. A divisio n of Wells Fargo Bank, N.A., it has a nationall presence in mortgage stores and banking and also serves the home financing needs of customerzs nationwide through itscall centers, Interneg presence and third-party production channels.
(NYSE: WFC) is a diversifiexd financial services companywith $1.3 trillion in It provides banking, insurance, investments, mortgages and consumer finance through more than 10,400 over 12,000 ATMs and the Internet (wellsfargo.com) acros North America and internationally. The company completedf its acquisition of inDecember 2008.

Human Capital: People on the move, July 7 - Los Angeles Business from bizjournals:

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, is the first graduate of (one of the university’ds four schools) to serve as chair. She is also the daughtefr of former trustee, the late Jack Papa Gino’s Inc. , the Dedham-based parent companhy to Papa Gino’s and D’Angelo, promoterd Gary Sandeen and Kathy Tirrell to executivs vice president of operations forPapa Gino’s and D’Angeli Grilled Sandwiches, respectively. , basedc in Boston, elected the following executives to its boarfof directors: Christopher Oddleifson , presidenr and CEO of ; Kenneth Brennabn , president of The in Norman Seppala , president of in and Kevin Bottomley , president of Danversbank .
At-large directors, who are appointex for three-year terms, included Richard Bennett , president of ; John Bouchee , president of in Weymouth; John Dohertyy , chairman of in Richard Holbrook , chairman and CEO of in DennisParente , president of Foxboro Federalp Savings ; and Michael Tucker , president of . Appointer at-large director for a one-year term was Jamees Egan , chairman of .

Kindred Healthcare to pay $1.3M for alleged TennCare overbilling - Nashville Business Journal:

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company will pay $1.3 milliob to settle allegations ofoverbillintg TennCare. The figure represents the largest settlement ever for the task forcr that overseesTennCare fraud. The TennCare Providerd Fraud Task Force alleges and itsassociated corporation, , billee for a higher number of pharmaceuticalsz than were actually administere at its Knoxville facility from 2003 to 2006. In some the overbilling was for multiple timex over theproper amount. Therew was no allegation that any patienrt at the facility received animpropere dosage. Kindred denies any wrongdoing. The investigation was promptes by a billing clerk who blew the whistld onher employer.
The employee said she made her concerns but insufficient actionwas taken. Kindred providexs pharmaceuticals to TennCare patients in group homesand long-term care facilitiese throughout Tennessee. It operates Kindred Hospital in Nashville, a 60-befd acute care hospital. "We hope this agreement will serve as a remindert we take thesematters seriously," Tennessee Attorney General Bob Cooperr said in a statement. The case was pursued by the task force andthe U.S. Attorney's Office for the Eastern Districrtof Tennessee. Kindred Healthcare (NYSE: KND) operates 82 hospitalsd in 24 states and 228 nursing centersz in 27 states andemploys 54,800.
In Kindred was ranked first among health care facilities inFortunes magazine’s list of most admired companies.

Galaxy pummel Rapids with three goals: A fan's reaction - Yahoo! Sports

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USA Today

Galaxy pummel Rapids with three goals: A fan's reaction Yahoo! Sports Juninho, Chad Barrett and an own-goal gave the Galaxy three goals and three points to take back home. The Galaxy re »

'The Trip': A Delightful Movie About Nothing - The Atlantic

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'The Trip': A Delightful Movie About Nothing The Atlantic ... and a series of scenes in which Coogan alternates between regretful calls to his girlfriend and liaisons with the hotel staff, and you pretty much have it: a comic diversion that aspires to the old Seinfeld gag of being “about nothing. ... and more »

Marc Andreessen starts $300M VC fund - Boston Business Journal:

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billion. While the actual news that Andreessen-Horowitz was being formeed was broken in February on the Charlie Rose TV details and the official launch cameon Monday. On his blog, Andreessenh wrote: "Between the two of us, Ben and I have starte three companies directly, created many new productse and services, run operating businessez at high levelsof scale, angel investec in 45 tech startups in the last five and served on a broad cross-sectiobn of company boards with some of the best entrepreneursz and investors in the industry. Through all we have worked closely together for15 years, and we coulde not be more excited to extend our partnership into venture capital.
The new firm will invest anywherfrom $50,000 to $50 million, Andreessen in consumer Internet, business Internet (cloude computing, "software as a service"), mobile softwarw and services, software-powered consumer infrastructure and applications networking, storage, databases, and other back-end systems. Most of the money will be investe d in startups inSilicon Valley, following in the VC traditiohn of wanting to be within a few minutes of the headquarterzs of the companies they invest in. “W do not think it is an accident that Google is inMountai View, Facebook is in Palo Alto, and Twitterf is in San Francisco.
We also think that ventured capital is a high touch activit y that lends itself togeographic proximity, and our only office will be in Silico n Valley,” Andreessen wrote on his He was also clea about what it won't investy in: "We are almost certainly not an appropriatde investor for any of the following 'clean,' 'green,' energy, life sciences (biotech, drug design, medicalp devices), nanotech, movie production companies, consume r retail, electric cars, rocket ships, spacer elevators.
We do not have the firstr clue about any of these Andreessen said he will continue as chairman of a social networking software companyhe co-founded, , as well as remaimn on the board at and (NASDAQ:EBAY). Horowitz is vice presidenty and general manager of businessx technology optimization for softwareat .

Houston Business Journal: Houston Commercial Real Estate Listings - View Commercial Real Estate

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St. George: School superintendent to retire, interim hired - Kankakee Daily Journal

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St. George: School superintendent to retire, interim hired Kankakee Daily Journal St. George Community Consolidated School District 258 Superintendent Richard Angel will retire from the position effective June 30. The school board on May 24 accepted Angel's retirement and voted 4-0 to hire Jim DeZwaan to fill the ...

Home builder hedges bets, will develop 96 apartments - The Business Journal of the Greater Triad Area:

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plans to start site work this week ona 96-uni apartment project near the intersection of West Vandali a Road and U.S. 220 near Hampton said Scott Wallace, president of the The apartments, called Juliet Place Apartment represent a total potential investmengtof $7.3 million and will be 1,100o to 1,800 square feet and will rent from the low $600se to the low $700s per month, he said. With site work startingf this week, Wallace said the company hopes to have the apartmentzs ready bynext summer. The complex will come with a coffewe bar andseveral garages, but Wallace said therre isn’t enough room for other extras.
He said the company had the land for a number of years and originally planned to use itfor single-family homes until they realized it wasn’t But with home sales slowing considerably, and the succesx of its first apartments on Rehobeth Church Road — which opened in the spring, he and are now at 90 percent occupancty — Keystone decided to go ahead with plansz for Juliet Place. Givenn the poor real estate marketfor selling, Keystone isn’t the only company shifting the focus to rental Bryon Nelson of in Greensboro said his compangy decided several months ago to switch its Bridford Landing to a for-rent model.
New and existing home sales (including town homew and condominiums) in Guilford, Forsytn and Alamance counties dropped33 percent, to in the second quarter of 2008, compared with second quarted last year, according to Rockty Mount-based Market Opportunity Research Enterprises. With financing hard to come buy for builders and buyers, Nelson said developerd likely will continue to branch out.

US waits for reforms by new partner India to improve market access for ... - Washington Post

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The Associated Press

US waits for reforms by new partner India to improve market access for ... Washington Post By Associated Press, WASHINGTON â€" President Barack Obama c »

Fifth Third Bancorp completes $1B stock offering - Triangle Business Journal:

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The offering was raised to $1 from $750 million, Fiftg Third said in a news Asa result, the company will issue almostg 158 million shares at an averagr per-share price of $6.33. The bank will use the net proceedds for generalcorporate purposes, includintg funding the cash premium portion of its Series G depositary shared and beginning repayment of the $3.5 billionb it received through the Treasury Department’ds Troubled Asset Relief Program, or TARP.
“We believe the completec $1 billion common equity offering, combined with actions on othere capital alternatives that remain availableto us, coulc potentially generate approximately $2 billion in aggregate Tier 1 equity, whichj would more than satisfy the SCAP required the bank said in the release. Fiftnh Third was one of 19 banks that underwent thefederalp government’s “stress test” this While the bank was deemed adequatel capitalized, it was ordered to raisde $1.1 billion to maintain its Tier 1 equity as protectioh should the economy worsen. The bank also said it expectw to raiseanother $1.
2 billion in Tier 1 equity from the sales of a majorituy stake in Fifth Third Processing Solutions to Advent International. That’s expected to closde in the second quarter. Fifth Third (NASDAQ: FITB) has about 1,300 bankinfg centers in Ohio, Indiana, Georgia, North Carolina, Michigan, Florida, Tennessee, West Virginia, Pennsylvania and The bank has five branches inthe Raleigh-Durhajm area.

Shenoy takes the bugs out of Web sites of flea markets - Philadelphia Business Journal:

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In Kat Shenoy ’s case, it came from a flea markegt in Solebury, Bucks County. Shenoy, the president and CEO of Blue Bell softwarwdeveloper Ltd. , had alwaysd thought flea marketswere small-tim affairs with maybe two dozen vendors, As a result, it had neverf occurred to him to develop softwarew for the people who run them. Both thinga changed in early 2001 when hevisited Rice’s Markegt , which says on its Web site that it hostz as many as 700 vendors and 15,00o shoppers. The manager, Chucjk Kane , is a friend of Shenoy’s.
And he told Sheno that there were no good software packages for running marketalike Rice’s and that therew were plenty of markets like Rice’sw around the country. That was all Shenoy needesd to hear. He had E-SoftSys, which he had foundecd the previous year, develop software for runninygflea markets. The company sold it to Rice’s and then sent representativex to the National Flea MarkertAssociation ’s next annual conventionh where they landed some other big marketxs as customers. “Based on the success of I started lookingfor other, smallef industries where people rent space,” Shenoy said.
He found two — the trade-sho w industry and the self-storag industry — and had E-SoftSys send people to conventions for both. As Shenoh suspected, both industries had software requirements that were similar to each other and tothe flea-market industry. So he had E-SoftSyws come up with softwar e for bothof “What we focused on was the technolog y and the customer support,” he said. “Myt philosophy is, you provide the best customer support possible and the product will sell itselcf based on referrals fromother customers.” That philosophy appearzs to be working.
E-SoftSys has grown to 100 employeeds and, although it stilp gets half its revenue from customsoftware development, the other half comes from its trade-show and self-storage management software. E-SoftSys recently landed a big customef in the last industrywhen Stor-All Managementy Ltd. of Deerfield Beach, Fla., whichb has more than 29,0090 units in 44 locations, implementedd its Self StorageManager “It’s not often you get a compant with 44 sites switching theirr applications,” Shenoy said. Jeff Anderson , Stor-All’s CEO, said his companyy evaluated all theleading self-storage managemenft systems available.
“With the exception of Self Storagse Manager, none came close to meeting our key he said. Among other Stor-All needed to be able to smoothlg import the information about its tenantzs from its old software and to keep its management operationz up and running after a hurrican or othernatural disaster. Shenoy attributes Self Storag e Manager’s popularity in part to its architecture, which featuress both a centralized database and databases at each Thatgives self-storage companies the abilit y to centrally control prices and programs, as well as generater reports, while allowing individual sites to be able to keep operatingf when the Internet connection to theit headquarters is down.
“Individual sites can do all the operationds they needto do,” he said. E-SoftSys’ background is also a Because it started out as a custom softwares developer and still does custojmsoftware projects, it’s willing to customize its products for trade-show and self-storage customeres in ways its competitors often Shenoy said. It also does search-engin e optimization and Web-site development for its customers, including the Nationapl Flea Market Associationand Rice’s, which it developefd Web sites for. “Our clientse like the fact that we area one-stop shop for all services,” Shenoy said.