Ethiopia seeks topographic survey of Lake Tana sub-basin HydroWorld ADDIS ABABA, Ethiopia 12/13/11 (PennWell) -- Ethiopia's Ministry of Water and Energy invites expressions of interest from consultants to perform a topographic survey of the Lake Tana sub-basin flood plain in Ethiopia. Responses are due December 26. ... |
Friday, December 30, 2011
Ethiopia seeks topographic survey of Lake Tana sub-basin - HydroWorld
edibin.wordpress.com
Tuesday, December 27, 2011
FAR: Florida home sales up again - Houston Business Journal:
coras-newport.blogspot.com
Even better news: The statewide mediaj sales price in May for existing homexs and condos rose over theprevious month, according to the . "Evetr since March we have seen a pretty dramatixc increase in the number of saidBill Richardson, districg sales manager for in Boca Raton. "We have also seen a slightf uptick inmedian pricing," he In South Florida, Miami led the pack in volumre with a 76 percent increase in the sale of existiny single-family homes. That translatexs to 597 homes soldin May, comparee to 339 in the previous same-year period. In Miami, the mediam price for an existing single-family home fell 36 percentr to $194,700 in May from $329,900 a year ago.
The good news is that the mediabn pricerose $17,700 from April, when it was Miami also led in condo sales, which were up 36 percent to 571 unitzs from 420 a year ago. The medianj price, however, was cut in half to $140,40 from $280,700 a year ago. However, it was up $6,900 from when the median priceewas $133,500. Existing home sales in Fort Lauderdale rose 47 percent to 780in May, compared to 530 home sold during the same time a year ago. But the median price fell 36 percentto $190,000 from And, it was down slightly from April'zs median price of $191,300. Condo sales in Fort Lauderdale were up 25 percenrt to 799 unitslast month, up from 639 a year ago.
The mediah price fell 42 percenrto $80,400 from $138,900, but was up slightlyy from April's median price of $79,900. Existing home sales in West Palm Beacuh inched up 5 percent to 737 from 702 ayear ago. The mediam price of a single-family home fell 30 percent to $232,909 from $330,900, and was down slightly from April'sx median price of $234,400. Existing condoi sales in West Palm Beach rose just 3 percent to 676 from 655 unitsz ayear ago. The median price of an existin condo fell 33 percentto $107,500 from but was up $9,3090 from April's median price of $98,200.
Richardsomn said the housing inventory in Palm Beach Countyh has fallen to around 11 or 12 months from a high in December 2007 of about 55 The question Richardson hears from most buyers is when will wehit bottom? "I think we are at the Do I think the bottojm will rise dramatically? I think we will rumble alonb the bottom for a while," he The one "fly in the ointment" is the backlog in the distressede property market, noted Richardson. Real estate analyst Jack McCabe "The biggest wave of foreclosures is yet to he said. Add to that the fact that statewided unemployment has risento 10.2 percent, and McCabre foresees even more foreclosure filings down the road.
existing home sales rose 16 percent in May with a total of 13,921 homes sold, up from 12,044e homes in the same periocd a year ago. May existinb home sales were up 6.2 percentf over April’s statewide activity, according to FAR. prices for existing single-family homes rose in May to $144,4009 from $138,500 in April. Condo salesz were up 21 percentg in May compared to the same time ayear ago, and 3.8 percenf compared to April. Statewide prices for existinyg condoswere $113,400 in May, up from $106,600 in April.
"Thwe improving sales of existing single-family homes and condos is a trendr we have been seeing for severap months inFlorida – what is new in this month'd data release is that we are seeintg evidence of prices beginning to firm," Sean director for the 's Instituts for Economic Competitiveness, said in a news release. The mediam sales price for existing homes last month was down 29 percent from a year ago when itwas However, the statewide median price for existingf homes in May was higher than the mediamn price reported in each of the previous four Year-over-year condo sales were up 21 percenf to 4,839 units in May, comparefd to 3,998 units in May 2008.
The statewidd existing condo median sales pricd last monthwas $113,400, down 38 percent from a year ago when it was
Even better news: The statewide mediaj sales price in May for existing homexs and condos rose over theprevious month, according to the . "Evetr since March we have seen a pretty dramatixc increase in the number of saidBill Richardson, districg sales manager for in Boca Raton. "We have also seen a slightf uptick inmedian pricing," he In South Florida, Miami led the pack in volumre with a 76 percent increase in the sale of existiny single-family homes. That translatexs to 597 homes soldin May, comparee to 339 in the previous same-year period. In Miami, the mediam price for an existing single-family home fell 36 percentr to $194,700 in May from $329,900 a year ago.
The good news is that the mediabn pricerose $17,700 from April, when it was Miami also led in condo sales, which were up 36 percent to 571 unitzs from 420 a year ago. The medianj price, however, was cut in half to $140,40 from $280,700 a year ago. However, it was up $6,900 from when the median priceewas $133,500. Existing home sales in Fort Lauderdale rose 47 percent to 780in May, compared to 530 home sold during the same time a year ago. But the median price fell 36 percentto $190,000 from And, it was down slightly from April'zs median price of $191,300. Condo sales in Fort Lauderdale were up 25 percenrt to 799 unitslast month, up from 639 a year ago.
The mediah price fell 42 percenrto $80,400 from $138,900, but was up slightlyy from April's median price of $79,900. Existing home sales in West Palm Beacuh inched up 5 percent to 737 from 702 ayear ago. The mediam price of a single-family home fell 30 percent to $232,909 from $330,900, and was down slightly from April'sx median price of $234,400. Existing condoi sales in West Palm Beach rose just 3 percent to 676 from 655 unitsz ayear ago. The median price of an existin condo fell 33 percentto $107,500 from but was up $9,3090 from April's median price of $98,200.
Richardsomn said the housing inventory in Palm Beach Countyh has fallen to around 11 or 12 months from a high in December 2007 of about 55 The question Richardson hears from most buyers is when will wehit bottom? "I think we are at the Do I think the bottojm will rise dramatically? I think we will rumble alonb the bottom for a while," he The one "fly in the ointment" is the backlog in the distressede property market, noted Richardson. Real estate analyst Jack McCabe "The biggest wave of foreclosures is yet to he said. Add to that the fact that statewided unemployment has risento 10.2 percent, and McCabre foresees even more foreclosure filings down the road.
existing home sales rose 16 percent in May with a total of 13,921 homes sold, up from 12,044e homes in the same periocd a year ago. May existinb home sales were up 6.2 percentf over April’s statewide activity, according to FAR. prices for existing single-family homes rose in May to $144,4009 from $138,500 in April. Condo salesz were up 21 percentg in May compared to the same time ayear ago, and 3.8 percenf compared to April. Statewide prices for existinyg condoswere $113,400 in May, up from $106,600 in April.
"Thwe improving sales of existing single-family homes and condos is a trendr we have been seeing for severap months inFlorida – what is new in this month'd data release is that we are seeintg evidence of prices beginning to firm," Sean director for the 's Instituts for Economic Competitiveness, said in a news release. The mediam sales price for existing homes last month was down 29 percent from a year ago when itwas However, the statewide median price for existingf homes in May was higher than the mediamn price reported in each of the previous four Year-over-year condo sales were up 21 percenf to 4,839 units in May, comparefd to 3,998 units in May 2008.
The statewidd existing condo median sales pricd last monthwas $113,400, down 38 percent from a year ago when it was
Sunday, December 25, 2011
FEC report reveals doubts about Buchanan's credibility - Florida Independent
badillodacyroic1505.blogspot.com
WTSP 10 News | FEC report reveals doubts about Buchanan's credibility Florida Independent Buchanan has long maintained his innocence but, according to the FEC report, some of the congressman's statements “didn't seem credible.†As first reported by The Florida Independent, the FEC charged that Kazran and the dealership violated campaign ... The Influence Industry: FEC came close to finding against Buchanan in straw ... Florida GOPer Vern Buchanan Said FEC 'Exonerated' Him â€" It Didn't Buchanan 'more likely than not' violated law, FEC report claims |
Friday, December 23, 2011
American Eagle first quarter earnings decline - Denver Business Journal:
houston-nearly.blogspot.com
Net income for the quarter ended May 2was $22.9 million, or 11 cents per compared to $43.9 million, or 21 cents, for the year-ag quarter. The teen clothing retailer, based on Pittsburgh's Sout h Side, saw total sales decline 4 percentr year-over-year, to $612 million, from $640.3w million. Comparable-store sales for American Eaglde (NYSE:AEO) were down 10 percenrt for the quarter, compared to a 6 perceng decline in the same quarter ayear ago. "Whiler we are never satisfied with anearnings decline, there are earlyg indications that the business is CEO Jim O'Donnell said in a He cited improvement in the AE brand and categoriesw like dresses and accessories.
Analysts were expecting earnings per shard of7 cents, in line with management’s recengt guidance, as the company seeks to improvse its women’s apparel and maintaih its sales during a time when most retailers are facingt difficult sales declines and malls are drawing fewer Jennifer Black, a principal of Oregon-basexd research company Jennifer Black & Associates LLC, saw reasoj for optimism. “I think it’s a very democratic branrd and it appeals to a lot of different she said. “They’re in a pretty good position becauser they offer consumers value but they have thebrandr name.
” Black was encouragedd by the women’s assortmentg that American Eagle has rolled out in its praising the increased selection of women’ dresses and women’s denim, a weakness at the compant of late, for both tappingh into the “Boho trend and offering selection that enables female shopperas to mix and match. She also was strongluy encouraged about the returnh ofRoger Markfield, the company’es former Co-CEO and Chief Merchandising Officer who retired in 2006.
His returnm to American Eagle was announced in under the newly created titler of Executive Creative Black saidshe didn’t expect Markfield’sa new strategies to have any major influence until the fall. Holly Guthrie, an analystf for suburban Philadelphia-based Boenning & Scattergood Equith Research, also expected the company won’t see any meaningful turn arouncuntil then. “In October same store sales decelerated at a fast andfuriousd pace,” she wrote in a recenf report.
“We believe that (comparabled store sales) could continue to be negativ e for the next four to five months and most importantlu the biggest volume sales are seen when productsxare promoted.”
Net income for the quarter ended May 2was $22.9 million, or 11 cents per compared to $43.9 million, or 21 cents, for the year-ag quarter. The teen clothing retailer, based on Pittsburgh's Sout h Side, saw total sales decline 4 percentr year-over-year, to $612 million, from $640.3w million. Comparable-store sales for American Eaglde (NYSE:AEO) were down 10 percenrt for the quarter, compared to a 6 perceng decline in the same quarter ayear ago. "Whiler we are never satisfied with anearnings decline, there are earlyg indications that the business is CEO Jim O'Donnell said in a He cited improvement in the AE brand and categoriesw like dresses and accessories.
Analysts were expecting earnings per shard of7 cents, in line with management’s recengt guidance, as the company seeks to improvse its women’s apparel and maintaih its sales during a time when most retailers are facingt difficult sales declines and malls are drawing fewer Jennifer Black, a principal of Oregon-basexd research company Jennifer Black & Associates LLC, saw reasoj for optimism. “I think it’s a very democratic branrd and it appeals to a lot of different she said. “They’re in a pretty good position becauser they offer consumers value but they have thebrandr name.
” Black was encouragedd by the women’s assortmentg that American Eagle has rolled out in its praising the increased selection of women’ dresses and women’s denim, a weakness at the compant of late, for both tappingh into the “Boho trend and offering selection that enables female shopperas to mix and match. She also was strongluy encouraged about the returnh ofRoger Markfield, the company’es former Co-CEO and Chief Merchandising Officer who retired in 2006.
His returnm to American Eagle was announced in under the newly created titler of Executive Creative Black saidshe didn’t expect Markfield’sa new strategies to have any major influence until the fall. Holly Guthrie, an analystf for suburban Philadelphia-based Boenning & Scattergood Equith Research, also expected the company won’t see any meaningful turn arouncuntil then. “In October same store sales decelerated at a fast andfuriousd pace,” she wrote in a recenf report.
“We believe that (comparabled store sales) could continue to be negativ e for the next four to five months and most importantlu the biggest volume sales are seen when productsxare promoted.”
Wednesday, December 21, 2011
Regent pays off 3344 debt, may buy distressed assets - Atlanta Business Chronicle:
doqujamup.wordpress.com
Regent paid off a$139 million loan from New York-bases (NYSE: SFI). Regent also has an equity partne r onthe tower. While the terms of the transaction with iStad werenot available, Regent repurchased the debt at a Typically, a building owner in Regent’s position can expect a 25 percenr to 40 percent discounted rate on the primarily because the loan on 3344 Peachtrew was performing well. The nearly 470,000-square-footr tower is 74 percenr occupied and includes tenantsw such as real estate services firm and the law firm LittletMendelson P.C.
The Atlanta-based real estats development company began pursuing a deal to pay off debt last year in the hopesw of having more cash on hand to purchase the growinv number ofdistressed properties. Since its startt in 1983, Regent has carried out about $2 billioj in transactions, and about half of them have involveddistressed Some of the properties includethe 29-story Towerd Place 100, which Regent acquired in 1993. It then renovatex and repositionedthe building. The Tower Placwe transaction also involved the parcep that eventually became3344 Peachtree.
we’ve always looked to acquire distressedr assets, and we wanted to be in position in this marketg to be able to do this once saidDavid Tennery, principal of office propertie s and development for Regent Partners. “Thixs transaction with iStar allowsw usto -focus on executing our capital deploymenft strategy. ” The move may also give Regent an advantage in the competitiveBuckhead marketplace, where the owners of four new office towers are vying for a numbee of large corporate tenants at a time when commercial buildingy values are plummeting and leasing activity is slowing.
Many corporate boardsz of directors and lenders are scrutinizinfg the debt structure on office towers even more closelyy than inyears past, as they considert whether to pull the trigger on a new Regent has about 78,000 square feet of contiguouxs space in the buildinv set aside on the 22nd, 23rd and 24th , which is lookinfg for about 50,000 squares feet, and representatives of ’s Atlanta office, have each toured 3344 Peachtreew in recent weeks, according to commercial real estate Tennery could not comment on how closee Regent is to potentiallh landing another large tenant.
“Our position in the market, that we’rwe well leased-up and our debt structure is is allowing us to attract interest from creditworthy tenants,” Tennery said. A few big Alere Health Care, the Nuclear Regulatorh Commission and the law firm Seyfarth Shaw LLP made up the list of largesyt office leases during thefirst quarter, accordingh to Atlanta’s top commercial real estate servicee firms. Alere Health which agreed to a 117,000-square-fooy lease at the Towers at was the largest transaction accordinhg to Jones Lang LaSalle and Colliersw SpectrumCauble Inc.
lists the Nucleafr Regulatory Commission’s nearly 100,000-square-foot lease at Peachtree Center as the largesrt deal in the first Seyfarth Shaw’s 84,000-square-foot lease at Danielk Corp. and ’s 1075 Peachtree marked the second-largesft transaction, according to all three brokerage AssurantSpecial Property’s 70,393-square-foot service center in Duluth, accordingg to Colliers Spectrum Cauble. ’es 56,658-square-foot-lease at 5560 New Northside according toCushman & Wakefield. Southeaster n Data Cooperative’s, 39,500 square feet at 100 Ashford according to ColliersSpectrum Cauble.
It’s commo to have some discrepancy among thebrokerage firm’s Beltmann renews. The Beltmann Group, a residentiaol and commercial movingservices company, recentlt renewed for 96,160 square feet at 7030 Buford Highway in ’s John Crawford and Ray Dankberg brokerec the industrial deal. “Although the Beltmann Groupl still had a year left on its we took advantage of markeg conditions andrenewed early, securinyg economic savings and a generous tenant improvement allowance to update the office said Crawford. The company is one of the largest agencgy groupsfor .
The Beltmann Groulp offers residential, office and industrial relocation services; logisticw services, includingthe shipping of motorcycles; coin-operater amusements; retail fixture and display installation; and warehousing/distributiomn services. Setting the market? The details of a recentr and notable Buckhead office lease are cominvto light. , which is developingb the final building in itsTerminusx project, recently landed Firethorn Holdings LLC in its 25-story Terminuas 200 tower. The concessions involved in the deal coulc help set the markeft for future leasesin Buckhead, whers L.P., and Pope & Land Enterprises Inc., and are also chasinv deals for their new buildings.
Firethorn leased 50,000 square feet for six yearsz inTerminus 200. It receives at least 12 months of free commercial real estatesources said. Firethorn will pay about $35.25r per square foot, with an escalation rate of 3 percent duringv the course of the sources said. Firethorn will also receiv tenant improvement allowances ofnearl $80 per square foot. Several commercial real estate brokers in recent weeks have said tenant improvement allowanceds on some deals have been closeto $100 per squared foot.
Cousins said it couldn’t comment on the financial terms ofany “We specifically have a contract with Firethorm that prevents us from discussing this said Cousins spokesman Cameron Lease negotiations for a couple of big deala in Buckhead have slowed, or come to a halt, in recentr months. Tishman Speyer was close to landing for itsnew 20-stor Two Alliance Center. Munich American, a subsidiary of Munich Re AG, has delayedr its decision indefinitely. , a risk adviserf and insurance broker, is moving closeer to a deal that could also allow it to end up at Two or potentially renew atthe 19-storyu Prominence building — its home for the past 10 Neal to Colliers.
Mike Neal recently joined Collierz SpectrumCauble Inc. Neal moves over from CB Richar dEllis Inc., where he served as senior vice presidenr of retail services. Neal has earnedr the Atlanta Commercial Board of Top Five Producer Award in 10 of the past14
Regent paid off a$139 million loan from New York-bases (NYSE: SFI). Regent also has an equity partne r onthe tower. While the terms of the transaction with iStad werenot available, Regent repurchased the debt at a Typically, a building owner in Regent’s position can expect a 25 percenr to 40 percent discounted rate on the primarily because the loan on 3344 Peachtrew was performing well. The nearly 470,000-square-footr tower is 74 percenr occupied and includes tenantsw such as real estate services firm and the law firm LittletMendelson P.C.
The Atlanta-based real estats development company began pursuing a deal to pay off debt last year in the hopesw of having more cash on hand to purchase the growinv number ofdistressed properties. Since its startt in 1983, Regent has carried out about $2 billioj in transactions, and about half of them have involveddistressed Some of the properties includethe 29-story Towerd Place 100, which Regent acquired in 1993. It then renovatex and repositionedthe building. The Tower Placwe transaction also involved the parcep that eventually became3344 Peachtree.
we’ve always looked to acquire distressedr assets, and we wanted to be in position in this marketg to be able to do this once saidDavid Tennery, principal of office propertie s and development for Regent Partners. “Thixs transaction with iStar allowsw usto -focus on executing our capital deploymenft strategy. ” The move may also give Regent an advantage in the competitiveBuckhead marketplace, where the owners of four new office towers are vying for a numbee of large corporate tenants at a time when commercial buildingy values are plummeting and leasing activity is slowing.
Many corporate boardsz of directors and lenders are scrutinizinfg the debt structure on office towers even more closelyy than inyears past, as they considert whether to pull the trigger on a new Regent has about 78,000 square feet of contiguouxs space in the buildinv set aside on the 22nd, 23rd and 24th , which is lookinfg for about 50,000 squares feet, and representatives of ’s Atlanta office, have each toured 3344 Peachtreew in recent weeks, according to commercial real estate Tennery could not comment on how closee Regent is to potentiallh landing another large tenant.
“Our position in the market, that we’rwe well leased-up and our debt structure is is allowing us to attract interest from creditworthy tenants,” Tennery said. A few big Alere Health Care, the Nuclear Regulatorh Commission and the law firm Seyfarth Shaw LLP made up the list of largesyt office leases during thefirst quarter, accordingh to Atlanta’s top commercial real estate servicee firms. Alere Health which agreed to a 117,000-square-fooy lease at the Towers at was the largest transaction accordinhg to Jones Lang LaSalle and Colliersw SpectrumCauble Inc.
lists the Nucleafr Regulatory Commission’s nearly 100,000-square-foot lease at Peachtree Center as the largesrt deal in the first Seyfarth Shaw’s 84,000-square-foot lease at Danielk Corp. and ’s 1075 Peachtree marked the second-largesft transaction, according to all three brokerage AssurantSpecial Property’s 70,393-square-foot service center in Duluth, accordingg to Colliers Spectrum Cauble. ’es 56,658-square-foot-lease at 5560 New Northside according toCushman & Wakefield. Southeaster n Data Cooperative’s, 39,500 square feet at 100 Ashford according to ColliersSpectrum Cauble.
It’s commo to have some discrepancy among thebrokerage firm’s Beltmann renews. The Beltmann Group, a residentiaol and commercial movingservices company, recentlt renewed for 96,160 square feet at 7030 Buford Highway in ’s John Crawford and Ray Dankberg brokerec the industrial deal. “Although the Beltmann Groupl still had a year left on its we took advantage of markeg conditions andrenewed early, securinyg economic savings and a generous tenant improvement allowance to update the office said Crawford. The company is one of the largest agencgy groupsfor .
The Beltmann Groulp offers residential, office and industrial relocation services; logisticw services, includingthe shipping of motorcycles; coin-operater amusements; retail fixture and display installation; and warehousing/distributiomn services. Setting the market? The details of a recentr and notable Buckhead office lease are cominvto light. , which is developingb the final building in itsTerminusx project, recently landed Firethorn Holdings LLC in its 25-story Terminuas 200 tower. The concessions involved in the deal coulc help set the markeft for future leasesin Buckhead, whers L.P., and Pope & Land Enterprises Inc., and are also chasinv deals for their new buildings.
Firethorn leased 50,000 square feet for six yearsz inTerminus 200. It receives at least 12 months of free commercial real estatesources said. Firethorn will pay about $35.25r per square foot, with an escalation rate of 3 percent duringv the course of the sources said. Firethorn will also receiv tenant improvement allowances ofnearl $80 per square foot. Several commercial real estate brokers in recent weeks have said tenant improvement allowanceds on some deals have been closeto $100 per squared foot.
Cousins said it couldn’t comment on the financial terms ofany “We specifically have a contract with Firethorm that prevents us from discussing this said Cousins spokesman Cameron Lease negotiations for a couple of big deala in Buckhead have slowed, or come to a halt, in recentr months. Tishman Speyer was close to landing for itsnew 20-stor Two Alliance Center. Munich American, a subsidiary of Munich Re AG, has delayedr its decision indefinitely. , a risk adviserf and insurance broker, is moving closeer to a deal that could also allow it to end up at Two or potentially renew atthe 19-storyu Prominence building — its home for the past 10 Neal to Colliers.
Mike Neal recently joined Collierz SpectrumCauble Inc. Neal moves over from CB Richar dEllis Inc., where he served as senior vice presidenr of retail services. Neal has earnedr the Atlanta Commercial Board of Top Five Producer Award in 10 of the past14
Monday, December 19, 2011
Get started 'On' Dec. 19: Payroll tax cut extension stalls, optimism ... - Washington Post (blog)
llrx-royce.blogspot.com
Get started 'On' Dec. 19: Payroll tax cut extension stalls, optimism ... Washington Post (blog) Another indicator shows improving optimism: A survey conducted by financial software firm Reckon found that two third of small businesses enjoyed either increased or stable revenue this year and more than 80 percent expect to have positive or stable ... |
Saturday, December 17, 2011
Wednesday, December 14, 2011
ABQ housing starts hit new low - South Florida Business Journal:
milicinodijoo1981.blogspot.com
The large supply of unsold new and oldedr homes in the Duke City has deterrerd new construction in the midst of thedeepeningt recession. However, there is more activithy in the rest of the overall metropolitan especiallyRio Rancho. There were 96 permits pulle in January compared to 81 inDecember 2008, for the entirwe metro region. The 96 permits were the most since last July, when 196 were issued. The winterf months are traditionally the slowest forhome builders. In Jan. there were 169 permits obtained by large and small home Rio Rancho was the bright spot in Januar when 57 permits were obtained compareed to 50 for the same month oneyear ago.
DataTraw tracks the city of Albuquerque as well asRio Rancho, Los and unincorporated areas of Valencia and Bernalillp counties. remains the most activre productionhome builder, with 51 permits issued in January, representingf 53 percent of the total. Its North Meadowsz subdivision was themost active, with 17. For the past 12 Horton has obtained 443 permits while wasissues 241.
The large supply of unsold new and oldedr homes in the Duke City has deterrerd new construction in the midst of thedeepeningt recession. However, there is more activithy in the rest of the overall metropolitan especiallyRio Rancho. There were 96 permits pulle in January compared to 81 inDecember 2008, for the entirwe metro region. The 96 permits were the most since last July, when 196 were issued. The winterf months are traditionally the slowest forhome builders. In Jan. there were 169 permits obtained by large and small home Rio Rancho was the bright spot in Januar when 57 permits were obtained compareed to 50 for the same month oneyear ago.
DataTraw tracks the city of Albuquerque as well asRio Rancho, Los and unincorporated areas of Valencia and Bernalillp counties. remains the most activre productionhome builder, with 51 permits issued in January, representingf 53 percent of the total. Its North Meadowsz subdivision was themost active, with 17. For the past 12 Horton has obtained 443 permits while wasissues 241.
Monday, December 12, 2011
Stanford team finds withdrawal treatment - Silicon Valley / San Jose Business Journal:
tulusenoveb.blogspot.com
The drug, ondansetron, already is approved to treaf nauseaand vomiting, but it appearss to avoid some of the problemds that accompany existing ways to treat addicition to opioids. The findinges were published online today in the Journal of Pharmacogeneticesand Genomics. The problem of opioid addiction has been growing inreceny years. Several Bay Area companies are working on drugs that are opioicd substitutes orare tamper-proof opioids. About 12.
5 million Americanss aged 12 or older using prescription paid medicationefor non-medical purposes in 2007, according to the Nationalp Survey on Drug Use and The researchers are seeking a patent to use ondansetron and related medicinez in the treatment of drug addiction. Yet the scientists warned that ondansetronn will not by itself solve the problems that aris e with continued useof painkillers. “This is not a cure for said Dr. J. David professor of anesthesia at the andthe . Using mice and a competational haploytype-based genetic mapping method recently developeedby Dr.
Gary Peltz, a professor of anesthesia at the Stanforfmedical school, the researcherxs found that one gene determineds the severity of withdrawal. That gene codes for the 5-HTe receptor, a protein that responds to the brain-signaling chemical serotonin. The researchers then found that ondansetrojn significantly reduced the jumping behavior of mice as well as painsensitivit — two signs of They then used the drug in eighg healthy non-opioid-dependent humans, since ondansetronb already is approved by the Food and drug Dr.
Larry Chu, assistant professor of anesthesiw at Stanford andthe study’s lead said an addicitional clinical study is planned to confirm the effectivenesz of another ondansetron-like drug in treating opioid withdrawalk symptoms in a larger group of healthu humans. Collaborators on the study included De-Yong Liang, co-leadx author and a research associated at theand Education, Dr. Xiangqi Li, Nicole D’Arcy, Dr. Peymam Sahbaie, and Guochun Liao of . The studyt was supported by grants to Clark from the National Institutes of Health and the Nationa l Institute onDrug Abuse, and grantse to Chu from the NIH and the Nationalp Institute of General Medica Sciences.
The drug, ondansetron, already is approved to treaf nauseaand vomiting, but it appearss to avoid some of the problemds that accompany existing ways to treat addicition to opioids. The findinges were published online today in the Journal of Pharmacogeneticesand Genomics. The problem of opioid addiction has been growing inreceny years. Several Bay Area companies are working on drugs that are opioicd substitutes orare tamper-proof opioids. About 12.
5 million Americanss aged 12 or older using prescription paid medicationefor non-medical purposes in 2007, according to the Nationalp Survey on Drug Use and The researchers are seeking a patent to use ondansetron and related medicinez in the treatment of drug addiction. Yet the scientists warned that ondansetronn will not by itself solve the problems that aris e with continued useof painkillers. “This is not a cure for said Dr. J. David professor of anesthesia at the andthe . Using mice and a competational haploytype-based genetic mapping method recently developeedby Dr.
Gary Peltz, a professor of anesthesia at the Stanforfmedical school, the researcherxs found that one gene determineds the severity of withdrawal. That gene codes for the 5-HTe receptor, a protein that responds to the brain-signaling chemical serotonin. The researchers then found that ondansetrojn significantly reduced the jumping behavior of mice as well as painsensitivit — two signs of They then used the drug in eighg healthy non-opioid-dependent humans, since ondansetronb already is approved by the Food and drug Dr.
Larry Chu, assistant professor of anesthesiw at Stanford andthe study’s lead said an addicitional clinical study is planned to confirm the effectivenesz of another ondansetron-like drug in treating opioid withdrawalk symptoms in a larger group of healthu humans. Collaborators on the study included De-Yong Liang, co-leadx author and a research associated at theand Education, Dr. Xiangqi Li, Nicole D’Arcy, Dr. Peymam Sahbaie, and Guochun Liao of . The studyt was supported by grants to Clark from the National Institutes of Health and the Nationa l Institute onDrug Abuse, and grantse to Chu from the NIH and the Nationalp Institute of General Medica Sciences.
Saturday, December 10, 2011
Auto dealers bracing for a winnowing of ranks - Boston Business Journal:
ucenyt.wordpress.com
Even if (NYSE: GM) and Chrysler DAI) do not file for about 2,000 new-vehicle dealerships in the UnitedStateas — which works out to one of ever 10 — are expected to shutter in 2008 and according to a new projectionn from the in McLean, Va. Already closwe to 10 percent of Massachusetts’ auto dealersw have shut down this year. More dealershipds are expected to close theifr doors as a result ofsluggish new-car salex that were ignited by high gasoline prices and have continuec to lag post-Wall Streeyt meltdown because of a huge drop in consumere confidence and available credit.
Statse GM dealerships are likely to be among the hardest hit becausre the company has said it will shed or scals back four of itsbrands ( , Saab, Hummedr and Saturn) and there’s a greater proliferation of GM dealerships (at leasty 20 percent of all local dealerships) in the area, accordingy to experts. Last in East Wareham became one of the latest dealerships to file for Chapter11 bankruptcy. The dealership, which sells new and used listed its estimated assets at lessthan $50,000 and its estimated liabilitiez as between $500,000 to $1 million. , which providedr financing for the dealership to acquire is amongthe creditors. The dealership did not return s calls.
“It’s been a very, very toug h 2008 and so what you have is a lot of dealersw who are justhanging on, hoping that somethinfg different will happen,” said Ray Ciccolo, regionap director for the National Automobile Dealers Association. “It’s unfortunate that both the real estate market and the automobilr market are soft at the same because I think if the commerciall real estate market was red hot a lot of dealerw would have pulled the plug a longtime ago.” Ciccolp is also president of the in which operates seven dealerships in the Greatere Boston area that market , , , and Honda vehicles.
He said that sales at his dealerships are down about 30 percenyt to35 percent. The main issue for most which may or may not own the land that theysit on, is securin g financing for the cars and trucks they sell. Joe sales manager for Planet Chrysler Jeep Dodgrein Franklin, agrees that the cash crunch is the biggest obstacle for dealerships right now. If dealers can’tf get cars financed, they will likely have to closw “instantly,” he said. Detroitg “has been wanting to lower their dealer numbers for a longtime ... now, this economgy is basically doing the jobfor them,” Shell John Santilli Sr.
of in Brockton has takem some drastic measures to ensure his dealership has a good chancof surviving. In September, Santilli decideds to sell his Dodge franchise back to Chrysledr because there were too many Dodged dealerships close to his and the cars werenot “It was a he said. Now, Santilli’s dealership sellsd Cadillac andNissan cars. Salexs are down about 30 but Santilli notes that his SUV salex have gotten better as gas prices have come down and the servicwe side of this business is also abright “The biggest dilemma that we have as dealers is that the institutionds that lend us money to floor-planh our inventories — they won’r take on any new businesas or they’re asking (dealers) to go find financing Santilli said.
“And in this how’s that going to happen?” And sales have continuedf to nosedive. Total light vehiclew sales were down 37 percengt in November over the same month last according to inWoodcliff Lake, N.J. Consumers, shyingb away from new cars, are currently buying more used , the largest Bay State credit uniomnwith $4.3 billion in assets and 363,0000 members, reported a 22 percent increase in the number of loanes given for buying used vehicles.
Meanwhile, loans for new vehicles at Digital rose only 2 percenft during the first nine months of according to the Digital Federal Credit Car sales will not improve until the issureof Detroit’s bailout and bankruptcy is said George Magliano, director of automotive researchu at in Lexington.
Even if (NYSE: GM) and Chrysler DAI) do not file for about 2,000 new-vehicle dealerships in the UnitedStateas — which works out to one of ever 10 — are expected to shutter in 2008 and according to a new projectionn from the in McLean, Va. Already closwe to 10 percent of Massachusetts’ auto dealersw have shut down this year. More dealershipds are expected to close theifr doors as a result ofsluggish new-car salex that were ignited by high gasoline prices and have continuec to lag post-Wall Streeyt meltdown because of a huge drop in consumere confidence and available credit.
Statse GM dealerships are likely to be among the hardest hit becausre the company has said it will shed or scals back four of itsbrands ( , Saab, Hummedr and Saturn) and there’s a greater proliferation of GM dealerships (at leasty 20 percent of all local dealerships) in the area, accordingy to experts. Last in East Wareham became one of the latest dealerships to file for Chapter11 bankruptcy. The dealership, which sells new and used listed its estimated assets at lessthan $50,000 and its estimated liabilitiez as between $500,000 to $1 million. , which providedr financing for the dealership to acquire is amongthe creditors. The dealership did not return s calls.
“It’s been a very, very toug h 2008 and so what you have is a lot of dealersw who are justhanging on, hoping that somethinfg different will happen,” said Ray Ciccolo, regionap director for the National Automobile Dealers Association. “It’s unfortunate that both the real estate market and the automobilr market are soft at the same because I think if the commerciall real estate market was red hot a lot of dealerw would have pulled the plug a longtime ago.” Ciccolp is also president of the in which operates seven dealerships in the Greatere Boston area that market , , , and Honda vehicles.
He said that sales at his dealerships are down about 30 percenyt to35 percent. The main issue for most which may or may not own the land that theysit on, is securin g financing for the cars and trucks they sell. Joe sales manager for Planet Chrysler Jeep Dodgrein Franklin, agrees that the cash crunch is the biggest obstacle for dealerships right now. If dealers can’tf get cars financed, they will likely have to closw “instantly,” he said. Detroitg “has been wanting to lower their dealer numbers for a longtime ... now, this economgy is basically doing the jobfor them,” Shell John Santilli Sr.
of in Brockton has takem some drastic measures to ensure his dealership has a good chancof surviving. In September, Santilli decideds to sell his Dodge franchise back to Chrysledr because there were too many Dodged dealerships close to his and the cars werenot “It was a he said. Now, Santilli’s dealership sellsd Cadillac andNissan cars. Salexs are down about 30 but Santilli notes that his SUV salex have gotten better as gas prices have come down and the servicwe side of this business is also abright “The biggest dilemma that we have as dealers is that the institutionds that lend us money to floor-planh our inventories — they won’r take on any new businesas or they’re asking (dealers) to go find financing Santilli said.
“And in this how’s that going to happen?” And sales have continuedf to nosedive. Total light vehiclew sales were down 37 percengt in November over the same month last according to inWoodcliff Lake, N.J. Consumers, shyingb away from new cars, are currently buying more used , the largest Bay State credit uniomnwith $4.3 billion in assets and 363,0000 members, reported a 22 percent increase in the number of loanes given for buying used vehicles.
Meanwhile, loans for new vehicles at Digital rose only 2 percenft during the first nine months of according to the Digital Federal Credit Car sales will not improve until the issureof Detroit’s bailout and bankruptcy is said George Magliano, director of automotive researchu at in Lexington.
Thursday, December 8, 2011
SMF Energy announces $40M recapitalization - Sacramento Business Journal:
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The company (NASDAQ: FUEL) said in a news releaswe that it estimates the recapitalization will reduceits short-term debt by $9.5 million, its total debt by $4.4 millio n and its cash requirements for interest and dividendds by more than $1 million a year. It said equity has been increased by morethan $4 million as a SMF Energy said it extinguished all of its existingv non-bank debt and outstanding preferred stock throughh various agreements with dozens of existing debt and equitu investors, while converting its existing $25 million asset-basesd lending facility into a new, more three-year, $20 million asset-based lending facilituy and a $5 million, 60-month amortized term loan, the proceeds of whichu were used to pay down $4.
867 millionj in secured notes and $125,000 in unsecurexd notes. The company said it issued new stoco to make up the balance paid for the cancellatio n and extinguishment of the existing debt andequity securities. Fort Lauderdale-based SMF Energyg said in the release that the recapitalization took place with amendef agreements withand . It said the only non-bank debt incurre d in the recapitalization was an unsecurecd subordinated promissory noteof $800,00p at 5.5 percent interest issued to an existing institutionall investor in exchange for $800,000 of one of the Augusty 2007 11 percent senior secured convertible promissorhy notes.
The institutional investor alsoexchanged $200,000 of the same securexd note for shares of common stock pricedc at 38 cents a share, which was greater than the closinf bid price of the stocko on the day before the effective acted as SMF Energy’s placement agenr for the recapitalization and receivedf fees of $380,000, paid with a combination of cash and pursuant to a Feb. 1 investment banking SMF Energy supplies specialized transportation and distribution services for petroleumk productsand chemicals. It provides commercial mobils andbulk fueling, along with other services to the manufacturing, construction, energy, telecommunications and government servicea sectors.
Formerly known as , as of Nov. 30, it conductef operations through 31 servicd locations in 11 Shares closed down nearly 3 centse to about35 cents. The 52-weem high was 71 cents on Aug. 28. The 52-weej low was 10 cents on Feb. 20.
The company (NASDAQ: FUEL) said in a news releaswe that it estimates the recapitalization will reduceits short-term debt by $9.5 million, its total debt by $4.4 millio n and its cash requirements for interest and dividendds by more than $1 million a year. It said equity has been increased by morethan $4 million as a SMF Energy said it extinguished all of its existingv non-bank debt and outstanding preferred stock throughh various agreements with dozens of existing debt and equitu investors, while converting its existing $25 million asset-basesd lending facility into a new, more three-year, $20 million asset-based lending facilituy and a $5 million, 60-month amortized term loan, the proceeds of whichu were used to pay down $4.
867 millionj in secured notes and $125,000 in unsecurexd notes. The company said it issued new stoco to make up the balance paid for the cancellatio n and extinguishment of the existing debt andequity securities. Fort Lauderdale-based SMF Energyg said in the release that the recapitalization took place with amendef agreements withand . It said the only non-bank debt incurre d in the recapitalization was an unsecurecd subordinated promissory noteof $800,00p at 5.5 percent interest issued to an existing institutionall investor in exchange for $800,000 of one of the Augusty 2007 11 percent senior secured convertible promissorhy notes.
The institutional investor alsoexchanged $200,000 of the same securexd note for shares of common stock pricedc at 38 cents a share, which was greater than the closinf bid price of the stocko on the day before the effective acted as SMF Energy’s placement agenr for the recapitalization and receivedf fees of $380,000, paid with a combination of cash and pursuant to a Feb. 1 investment banking SMF Energy supplies specialized transportation and distribution services for petroleumk productsand chemicals. It provides commercial mobils andbulk fueling, along with other services to the manufacturing, construction, energy, telecommunications and government servicea sectors.
Formerly known as , as of Nov. 30, it conductef operations through 31 servicd locations in 11 Shares closed down nearly 3 centse to about35 cents. The 52-weem high was 71 cents on Aug. 28. The 52-weej low was 10 cents on Feb. 20.
Tuesday, December 6, 2011
Sarkozy Efforts to Align With Merkel on Euro Provoke French Germanophobia - Bloomberg
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Bloomberg | Sarkozy Efforts to Align With Merkel on Euro Provoke French Germanophobia Bloomberg French President Nicolas Sarkozy's efforts to bring France's stance on solving Europe's debt crisis closer to Germany's has whipped up opposition charges of loss of sovereignty. ... Sarkozy's Crisis Efforts Provoke 'German ophobia' Spat at Home Fears of downgrade for top-rated eurozone countries threaten to undo leaders ... AP sources: S&P could put eurozone on credit watch |
Sunday, December 4, 2011
Mamata's Sundarbans dreams - Times of India
gault-rickettsias.blogspot.com
Mamata's Sundarbans dreams Times of India The Sundarbans lies on the delta of rivers Hooghly, Brahmaputra and Meghna and known for the world famous Royal Bengal Tiger, the estuarine crocodile, the Indian python, besides 260 bird species. Since the site was environmentally fragile, ... |
Thursday, December 1, 2011
Aloha Air Cargo adds new services - Pacific Business News (Honolulu):
deeshu-tatum.blogspot.com
The Honolulu-based cargo operator announcedd Wednesday it willoffer same-day express service routes between Honolulu, Kahului, Hilo and Kona. Express shipmentw are guaranteed to arriv e at their destinations within one hour of the original schedulerdarrival time. Shipments that don’tf arrive within that time frame will be givenb a 50 percent refundd ofshipping charges, which range from $12.95 to $95, the compant said. Aloha Air Cargo will also offer pet shipping throughg its Lovable PetAir Services. The company said a professionao animal specialist on staff will ensure animals are safe and securre throughout theinterisland flight.
In additiom to traditional pets, Aloha Air said it will provide transport to animalszincluding sheep, miniature potbelly pigs, turtles, seals, rare native birds and pheasan chickens. Both services begin Oct. 1. “Whether looking to transporf a fresh pineapple or customers can rest assured knowing that their products and pets willarrive safe-and-sound, on-time and as always, receive the legendarhy service and care that Aloha is knownh for,” Said Mike Malik, seniod vice president of Aloha Air Cargo, in a The company said its new product roll-ouf is in conjunction with aircraft enhanced customer services and a rebranding of Alohs Air Cargo.
It will unveil the company’s new logo Oct. 15.
The Honolulu-based cargo operator announcedd Wednesday it willoffer same-day express service routes between Honolulu, Kahului, Hilo and Kona. Express shipmentw are guaranteed to arriv e at their destinations within one hour of the original schedulerdarrival time. Shipments that don’tf arrive within that time frame will be givenb a 50 percent refundd ofshipping charges, which range from $12.95 to $95, the compant said. Aloha Air Cargo will also offer pet shipping throughg its Lovable PetAir Services. The company said a professionao animal specialist on staff will ensure animals are safe and securre throughout theinterisland flight.
In additiom to traditional pets, Aloha Air said it will provide transport to animalszincluding sheep, miniature potbelly pigs, turtles, seals, rare native birds and pheasan chickens. Both services begin Oct. 1. “Whether looking to transporf a fresh pineapple or customers can rest assured knowing that their products and pets willarrive safe-and-sound, on-time and as always, receive the legendarhy service and care that Aloha is knownh for,” Said Mike Malik, seniod vice president of Aloha Air Cargo, in a The company said its new product roll-ouf is in conjunction with aircraft enhanced customer services and a rebranding of Alohs Air Cargo.
It will unveil the company’s new logo Oct. 15.
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