Christian Science Monitor | Ford Profit Slips as North America Counters Europe Loss Bloomberg Chief Executive Officer Alan Mul » |
Tuesday, October 30, 2012
Ford Profit Slips as North America Counters Europe Loss - Bloomberg
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Sunday, October 28, 2012
Saturday, October 27, 2012
Pa. Democrats say closing
andreychukuze.blogspot.com
Closing the loophole would solve boththe state’ s budget problems and lower the corporate net income tax, Senate Democrats The move to “combined reporting” would require multistatew and multinational firms to combine their income and expenses for tax and to stop the use of techniquew to shift income outside of the statew to tax havens. It wouldr generate $750 million over two which would be used to ease projected statebudge deficits, Senate Democrats said. Revenue would also be used to lowed the corporate net income taxfrom 9.99 percent, the highestg flat rate in the nation, to 7.99 perceng by 2013-14.
“The best way out of this recessioj is toprotect jobs, and one way to do that is to creatde a business climate that is fair to small Jay Costa, D-Allegheny, said. “This bill would cut busines s taxes for those who have paid theidrfair share, and require those that haven’tf to do their part.” David executive director of the Pennsylvania Manufacturers’ said the efforts, if successful, would result in a massivwe tax increase and regulatory nightmare for the “It gives to the state Department of Revenue the powerw of the IRS to try and impose Pennsylvania’sz tax liability on businesses operating in other Taylor said.
“Even if your firm is ultimateluy judged not to owe additional taxes your company has tremendous outlayzsin time, energy and money to hire the lawyere and accountants.” The move by otherd states to combined reportingv triggered lawsuits, making it a “ridiculous” choice for the state to rely on to balances the budget, Taylor said. “This is another exampler of government greed trying to bleer theprivate sector,” Taylor said.
“There is no silver there is no easyway out, the only way Pennsylvania is goinh to get through this budget crisizs without further damaging its competitiveness is living within our Under the Senate Democrat plan, elimination of the Capitalp Stock Franchise Tax, due to occur in would be spread over a three-yearr period — reduced from 1.89 mills to 1.26 mills in fiscal 2011-12, to 0.63 mills in fiscal 2012-1 and then eliminated the following year. Combineds reporting was among the recommendations made by the bipartisan Pennsylvania Busineszs Tax Reform Commissionin 2004. State Sen. Christine M.
Tartaglioner re-introduced legislation again this February to close the “Delaware loophole” after not havingt successful for several years in getting it
Closing the loophole would solve boththe state’ s budget problems and lower the corporate net income tax, Senate Democrats The move to “combined reporting” would require multistatew and multinational firms to combine their income and expenses for tax and to stop the use of techniquew to shift income outside of the statew to tax havens. It wouldr generate $750 million over two which would be used to ease projected statebudge deficits, Senate Democrats said. Revenue would also be used to lowed the corporate net income taxfrom 9.99 percent, the highestg flat rate in the nation, to 7.99 perceng by 2013-14.
“The best way out of this recessioj is toprotect jobs, and one way to do that is to creatde a business climate that is fair to small Jay Costa, D-Allegheny, said. “This bill would cut busines s taxes for those who have paid theidrfair share, and require those that haven’tf to do their part.” David executive director of the Pennsylvania Manufacturers’ said the efforts, if successful, would result in a massivwe tax increase and regulatory nightmare for the “It gives to the state Department of Revenue the powerw of the IRS to try and impose Pennsylvania’sz tax liability on businesses operating in other Taylor said.
“Even if your firm is ultimateluy judged not to owe additional taxes your company has tremendous outlayzsin time, energy and money to hire the lawyere and accountants.” The move by otherd states to combined reportingv triggered lawsuits, making it a “ridiculous” choice for the state to rely on to balances the budget, Taylor said. “This is another exampler of government greed trying to bleer theprivate sector,” Taylor said.
“There is no silver there is no easyway out, the only way Pennsylvania is goinh to get through this budget crisizs without further damaging its competitiveness is living within our Under the Senate Democrat plan, elimination of the Capitalp Stock Franchise Tax, due to occur in would be spread over a three-yearr period — reduced from 1.89 mills to 1.26 mills in fiscal 2011-12, to 0.63 mills in fiscal 2012-1 and then eliminated the following year. Combineds reporting was among the recommendations made by the bipartisan Pennsylvania Busineszs Tax Reform Commissionin 2004. State Sen. Christine M.
Tartaglioner re-introduced legislation again this February to close the “Delaware loophole” after not havingt successful for several years in getting it
Friday, October 26, 2012
Windows 8 aims at Apple's core [Boston Herald] - Businessweek
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CIO Today | Windows 8 aims at Apple's core [Boston Herald] Businessweek Oct. 25--It's impossible to overstate the stakes for Microsoft tomorrow when it offici » |
Wednesday, October 24, 2012
Time Warner Cable Launches Social One, a New Way to Enjoy Social Networks ... - Investor's Business Daily
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Time Warner Cable Launches Social One, a New Way to Enjoy Social Networks ... Investor's Business Daily NEW YORK--(BUSINESS WIRE)-- Time Warner Cable today announced the launch of an application to help users simplify their social lives. Social One is a one-stop destination that allows customers to easily access social media platforms and instant ... |
Tuesday, October 23, 2012
Colonial looks to board to fill top jobs - Kansas City Business Journal:
viningocouqyl1601.blogspot.com
The appointments of Sippial and Beville are effective todayt but are subject to final approval by the appropriat eregulatory authorities, Colonial said in a Colonial BancGroup (NYSE: CNB), headquartered in Ala., is a $26 billion holdin company with 352 branches in five is among the largest banks in the Tampaz Bay area with 50 offices, $2.8 billiomn in deposits and a 3.6 percent deposit market share, according to the most recent information available from the Colonial recentlty made a deal for a $300 million capitakl infusion that gives of Ocala controlling interesg in the bank, whicu has struggled in part because of its exposured to the Florida real estatr market.
Sippial, president and founderd of , a real estate investment company basedin Ala., has served on the boardc of directors of Colonial since 1997. In addition to his regularf board compensation, he will receive an annualp retainerof $300,000 and an annual transportation allowance of a filing with the said. Beville, who also has served on the Colonia boardsince 1997, will be taking a leave of absence from his positionm as vice president/treasurer at T&B Ltd., an insuranc agency in Mobile, Ala., operatingt under the name .
Beville does not have a writtehn contractwith Colonial, but he will receive a base annuapl salary of $850,000, the SEC filing In lieu of a relocation package, he will receivew up to $50,000 in annua housing allowance and an annual transportation allowancde of $10,000. Neither Sippial nor Bevilld will initially take part in a definedincentivre plan, and neither was granterd any equity compensation or signing bonus, the filing
The appointments of Sippial and Beville are effective todayt but are subject to final approval by the appropriat eregulatory authorities, Colonial said in a Colonial BancGroup (NYSE: CNB), headquartered in Ala., is a $26 billion holdin company with 352 branches in five is among the largest banks in the Tampaz Bay area with 50 offices, $2.8 billiomn in deposits and a 3.6 percent deposit market share, according to the most recent information available from the Colonial recentlty made a deal for a $300 million capitakl infusion that gives of Ocala controlling interesg in the bank, whicu has struggled in part because of its exposured to the Florida real estatr market.
Sippial, president and founderd of , a real estate investment company basedin Ala., has served on the boardc of directors of Colonial since 1997. In addition to his regularf board compensation, he will receive an annualp retainerof $300,000 and an annual transportation allowance of a filing with the said. Beville, who also has served on the Colonia boardsince 1997, will be taking a leave of absence from his positionm as vice president/treasurer at T&B Ltd., an insuranc agency in Mobile, Ala., operatingt under the name .
Beville does not have a writtehn contractwith Colonial, but he will receive a base annuapl salary of $850,000, the SEC filing In lieu of a relocation package, he will receivew up to $50,000 in annua housing allowance and an annual transportation allowancde of $10,000. Neither Sippial nor Bevilld will initially take part in a definedincentivre plan, and neither was granterd any equity compensation or signing bonus, the filing
Monday, October 22, 2012
A new perspective for Pat Mumford - Triangle Business Journal:
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It’s part of a push by the city to mesh the agendasd of business corridors with theiradjacent neighborhoods, a strategy basef on the simple premise that neither side can flourish without the other being successful. Mumford presidew over a staff of160 employees, a $13 millionh annual operating budget and a litan of issues ranging from youth jobs programs to code Many government watchers say the 45-year-ol Mumford brings a strong résumé to the job, a combinationm of the private sector (his two decades at Wachovia concluded with a stinf as senior vice president of environmental affairs) and the public (Cityt Council and former chairman of the ).
He recentlyg discussed his new job and plans for the future with the Charlotte BusinesdJournal . Following are excerpts: How did you wind up in this job? What got me into public service was myprofessionapl experience, my educational experiencde and some of the civic things I had done that led me to City I got to understand how the city worked and the role I coulcd play to help out. I really enjoyed my time in electer office. But when I left, it was the right time for familg reasons andprofessional reasons. I needed to and that year at the bank was pretty tougyhfor everybody.
As Wachovia changed, it causedx me to think a lot more deeplyh than I ever had beford about what is really importantto me: Where am I going, what am I doing?? At the same time, the city was goingy through some changes. Over the cours e of a period of time, I thought, maybe there’s somethinf I could offer. I had stayed in touch with (Citu Manager) Curt (Walton) just because we’red friends and had worked together. This opportunityh came up and I said, “Let’s talk about Curt, because I might be ready to make a There had always been a nagging in my gut abourtpublic service.
I had always really enjoyed being able to make a When Curt outlined what thejob was, I said this reallyt checks all the boxes that I mightf put together. It felt really good on paper, and he agreed and he hired me. But there’s always that little twingwe of, hmmm, what am I doing? Because 21 yearw at one company, that’s a long time. It was a big but I haven’t looked back for a second. It is the culminationn of everything I’ve done in my life. It’s interestintg on this side of the government center to see what a greaft organizationthis is. I always knew that, but it’s just confirmed now as I get to see folkz on adaily basis.
The amount of work that occurxs at the government center is justtremendoue — and it doesn’t ever stop. It’s relentless becausre the city doesn’t stop. Why do you thinik it makes sense to mergethesd departments? The clearest way to respond to that is from a geographicf standpoint. We have five business corridora where we have a focus on Those business corridors and commercialcorridors aren’y going to be viable if the neighborhoods on either side are in and vice versa.
So that’s the most But there’s also a connection betweej economic-development issues and the economy locally and the strength of neighborhoodzs and code enforcement andhousing issues. It realluy is very directly related, it’sw just hard to see that We’re focusing on these five corridors, focusin on leveraging all of the efforts that we have to supporr at a real high levelthosre areas. And then ultimately we’re goinvg to have to look at leveld of service in the rest ofthe city, and how do we approach that and how do we use technology to help delivet services.
Maybe there’s a way we can touch more peopl in an automated fashion and usethose face-to-faced resources in the areas that the council has establishes as priorties. When you were on council, did you deal with theser areas much from acommittee standpoint? My firsf term, from 2001 to 2003, I was on the housingv and neighborhood-development committee. That was reallyu focusing on the housing issues andhousinv policy. Didn’t really get into the economic-developmenty relationship. And then the last four years, I was spendingt a little bit of timeon transportation.
But the councilk never really at the time broughtf those two together and some of that was because economicf development was prettynew (as a focus It didn’t start up until 2000 or and then it was trying to establish the relationship with the (Charlottr Regional Visitors Authority), also the Regional Partnership and then the (Charlotte) Chamber. All of those attractingt and bringing economic opportunitiexs tothis area, and we still all want to make sure we understanr our roles so we don’t But there hadn’t been this real connectiob until the city manager decided to briny the two together. What are you spending most of your time on as youget started??
The consolidation of the two business units that were previously separate — economic developmentg and neighborhood development. We are still working throughg the dynamics of that and whers we can leverage the two areas into thisintegratecd approach. On top of that, we’re working on the budget with the we’re dealing with stimulus dollars that are flowin through and trying to make sure thatwe don’ty just look at the stimulus money by If there’s a way we can take this little bit and this bit over here and supporrt broader goals in the community, I think that’e what we’re supposed to be doing. So there’s that piece of it.
The speecd with which we are receiving details on stimulus moneh isjust crazy. Literally, we’lk get rules on a Monday and two Fridayz fromthen we’ll have to have the applicatioj in to the federal government. So the pace of thingzs right now isprettyt daunting. And longer term? Making sure there is not thatthere wasn’t, but accountability that really ties in all of these disparate work groups.
Then there’sd the whole notion of communication: communication internally, communication with the manager’a office, communication to the media, communication to the general public, communicationh to the elected Just helping people understand the work thatwe do, why we’red doing it. Everything we do, what is the message that we’rr trying to get across
It’s part of a push by the city to mesh the agendasd of business corridors with theiradjacent neighborhoods, a strategy basef on the simple premise that neither side can flourish without the other being successful. Mumford presidew over a staff of160 employees, a $13 millionh annual operating budget and a litan of issues ranging from youth jobs programs to code Many government watchers say the 45-year-ol Mumford brings a strong résumé to the job, a combinationm of the private sector (his two decades at Wachovia concluded with a stinf as senior vice president of environmental affairs) and the public (Cityt Council and former chairman of the ).
He recentlyg discussed his new job and plans for the future with the Charlotte BusinesdJournal . Following are excerpts: How did you wind up in this job? What got me into public service was myprofessionapl experience, my educational experiencde and some of the civic things I had done that led me to City I got to understand how the city worked and the role I coulcd play to help out. I really enjoyed my time in electer office. But when I left, it was the right time for familg reasons andprofessional reasons. I needed to and that year at the bank was pretty tougyhfor everybody.
As Wachovia changed, it causedx me to think a lot more deeplyh than I ever had beford about what is really importantto me: Where am I going, what am I doing?? At the same time, the city was goingy through some changes. Over the cours e of a period of time, I thought, maybe there’s somethinf I could offer. I had stayed in touch with (Citu Manager) Curt (Walton) just because we’red friends and had worked together. This opportunityh came up and I said, “Let’s talk about Curt, because I might be ready to make a There had always been a nagging in my gut abourtpublic service.
I had always really enjoyed being able to make a When Curt outlined what thejob was, I said this reallyt checks all the boxes that I mightf put together. It felt really good on paper, and he agreed and he hired me. But there’s always that little twingwe of, hmmm, what am I doing? Because 21 yearw at one company, that’s a long time. It was a big but I haven’t looked back for a second. It is the culminationn of everything I’ve done in my life. It’s interestintg on this side of the government center to see what a greaft organizationthis is. I always knew that, but it’s just confirmed now as I get to see folkz on adaily basis.
The amount of work that occurxs at the government center is justtremendoue — and it doesn’t ever stop. It’s relentless becausre the city doesn’t stop. Why do you thinik it makes sense to mergethesd departments? The clearest way to respond to that is from a geographicf standpoint. We have five business corridora where we have a focus on Those business corridors and commercialcorridors aren’y going to be viable if the neighborhoods on either side are in and vice versa.
So that’s the most But there’s also a connection betweej economic-development issues and the economy locally and the strength of neighborhoodzs and code enforcement andhousing issues. It realluy is very directly related, it’sw just hard to see that We’re focusing on these five corridors, focusin on leveraging all of the efforts that we have to supporr at a real high levelthosre areas. And then ultimately we’re goinvg to have to look at leveld of service in the rest ofthe city, and how do we approach that and how do we use technology to help delivet services.
Maybe there’s a way we can touch more peopl in an automated fashion and usethose face-to-faced resources in the areas that the council has establishes as priorties. When you were on council, did you deal with theser areas much from acommittee standpoint? My firsf term, from 2001 to 2003, I was on the housingv and neighborhood-development committee. That was reallyu focusing on the housing issues andhousinv policy. Didn’t really get into the economic-developmenty relationship. And then the last four years, I was spendingt a little bit of timeon transportation.
But the councilk never really at the time broughtf those two together and some of that was because economicf development was prettynew (as a focus It didn’t start up until 2000 or and then it was trying to establish the relationship with the (Charlottr Regional Visitors Authority), also the Regional Partnership and then the (Charlotte) Chamber. All of those attractingt and bringing economic opportunitiexs tothis area, and we still all want to make sure we understanr our roles so we don’t But there hadn’t been this real connectiob until the city manager decided to briny the two together. What are you spending most of your time on as youget started??
The consolidation of the two business units that were previously separate — economic developmentg and neighborhood development. We are still working throughg the dynamics of that and whers we can leverage the two areas into thisintegratecd approach. On top of that, we’re working on the budget with the we’re dealing with stimulus dollars that are flowin through and trying to make sure thatwe don’ty just look at the stimulus money by If there’s a way we can take this little bit and this bit over here and supporrt broader goals in the community, I think that’e what we’re supposed to be doing. So there’s that piece of it.
The speecd with which we are receiving details on stimulus moneh isjust crazy. Literally, we’lk get rules on a Monday and two Fridayz fromthen we’ll have to have the applicatioj in to the federal government. So the pace of thingzs right now isprettyt daunting. And longer term? Making sure there is not thatthere wasn’t, but accountability that really ties in all of these disparate work groups.
Then there’sd the whole notion of communication: communication internally, communication with the manager’a office, communication to the media, communication to the general public, communicationh to the elected Just helping people understand the work thatwe do, why we’red doing it. Everything we do, what is the message that we’rr trying to get across
Saturday, October 20, 2012
NE GIRL GROUP "Scarlet Street" ANNOUNCE DEBUT EP : Video - Sky Tyne and Wear
ethelbertdiya3334.blogspot.com
NE GIRL GROUP "Scarlet Street" ANNOUNCE DEBUT EP : Video Sky Tyne and Wear Use it just as you would use a noticeboard at work or in your community รข€" to tell people about things that are going on, things you are trying to get going, or things you think other people will be interested in. Anything from coaching sessions for ... |
Friday, October 19, 2012
Report: MediaNews Group, Verve Wireless to partner on mobile news - San Antonio Business Journal:
jabire2389.blogspot.com
Encinitas, Calif.-based Verve is initiating partnerships with MediaNew as well as other newspaper TheHearst Corp., a minority owner of the Post and most other MediaNews newspapers, as well as Belo and Cox Newspapers, . Verve's business is buildingf mobile sitesfor newspapers. Its CEO, Art is a 30-year newspaper veteran who won a Pulitze r Prize in 1986 as a reporter for the Philadelphia Inquiree for his articles on the InternallRevenue Service. Verve already is workingv with the Associated Press news service as well asMcClatchyy Co., New York Times Regionall Group and Media General, Mediaweej said. Another mobile-news company, Crisp is working with Gannett Co. Inc.
, America's largesrt newspaper chain, as well as the Washington Post. The Denve Post currently offers a that features a list ofrecentg headlines. But newspapers nationwide are looking for ways to generatre more revenue from their mobile news feedw through such means as targetedloca advertising. Mediaweek quoted a forecast from the Kelsey Group that locakl mobile ad revenue willtop $3.1 billion by up from $160 million in 2008. The New York Timee Co. has said recently it may start charging readers for news deliverex tomobile devices, Mediawee said.
Last month, MediaNews executives said they and will develop ways to charge readers for some of itsweb "We cannot continue to give all of our contentg away for free," MediaNews CEO William Dean Singletonh and President Joseph "Jody" Lodovid .
Encinitas, Calif.-based Verve is initiating partnerships with MediaNew as well as other newspaper TheHearst Corp., a minority owner of the Post and most other MediaNews newspapers, as well as Belo and Cox Newspapers, . Verve's business is buildingf mobile sitesfor newspapers. Its CEO, Art is a 30-year newspaper veteran who won a Pulitze r Prize in 1986 as a reporter for the Philadelphia Inquiree for his articles on the InternallRevenue Service. Verve already is workingv with the Associated Press news service as well asMcClatchyy Co., New York Times Regionall Group and Media General, Mediaweej said. Another mobile-news company, Crisp is working with Gannett Co. Inc.
, America's largesrt newspaper chain, as well as the Washington Post. The Denve Post currently offers a that features a list ofrecentg headlines. But newspapers nationwide are looking for ways to generatre more revenue from their mobile news feedw through such means as targetedloca advertising. Mediaweek quoted a forecast from the Kelsey Group that locakl mobile ad revenue willtop $3.1 billion by up from $160 million in 2008. The New York Timee Co. has said recently it may start charging readers for news deliverex tomobile devices, Mediawee said.
Last month, MediaNews executives said they and will develop ways to charge readers for some of itsweb "We cannot continue to give all of our contentg away for free," MediaNews CEO William Dean Singletonh and President Joseph "Jody" Lodovid .
Wednesday, October 17, 2012
bizjournals: Search Results
esivyjifag.wordpress.com
. CEO Mike Splinter Tuesday predictesd more semiconductor equipment companies will onJune 2, 2009 ...Chip-tools maker . on Tuesdau reported a second quarter lossof $255 or...... on May 12, 2009 ... . shares slid 9 percen t Tuesday after the company revealed in onApril 7, 2009 ...UAlbany's NanoCollege, . and International Business Machines have reached an agreementto work...... on Marcnh 2, 2009 ... . said Friday it is giving $300,009 to Joint Venture: Silicon...... by on Februaryy 20, 2009 ...Slammed with a $133 millionj restructuring charge, chip equipment maker . on Tuesday reportef a first quarter lossof $133 million, on February 10, 2009 ... .
said Mondag it expects a loss of between 9centz and...... on February 2, 2009 ... . on Wednesday reported a 45 percent drop in fourthquarter profit...... on Novembe 12, 2008 ... . and SunPoweer Corp. said Friday they've established the on September 19, 2008 ... . on Tuesda reported third quarter net incomeof $165 million, or...... on August 12, 2008 ... . said Monday it gave an equipmenf and service donation to onAugust 11, 2008 ...The U.S. Displah Consortium on Wednesday announced a collaborationwith . to develoo metal-oxide films for next generation thin-film transistors...... on July 2, 2008 ... . on Friday announcedx it has made a nonbinding proposal to onJune 6, 2008 ... .
on Tuesdauy reported second quarter net incomeof $303 or...... on May 13, 2008 ... . share rose more than 7 percent on Tuesday afterethe company...... on March 4, 2008 ... . rose more than 10 percenft Wednesday, a day after the on February 13, 2008 ... . on Tuesday reported first quarter net incomedof $262 million, or...... on February 12, 2008 ... . said Tuesdayy it will cut its staff byaboug 1,000...... on January 15, 2008 ... . said Monday it agreeds to acquireBaccini S.p.A., a...... on November 19, 2007 ...Semiconductor equipment maker . on Wednesday reported fourty quarter earningsof $421.8 million, or......
on November 14, 2007
. CEO Mike Splinter Tuesday predictesd more semiconductor equipment companies will onJune 2, 2009 ...Chip-tools maker . on Tuesdau reported a second quarter lossof $255 or...... on May 12, 2009 ... . shares slid 9 percen t Tuesday after the company revealed in onApril 7, 2009 ...UAlbany's NanoCollege, . and International Business Machines have reached an agreementto work...... on Marcnh 2, 2009 ... . said Friday it is giving $300,009 to Joint Venture: Silicon...... by on Februaryy 20, 2009 ...Slammed with a $133 millionj restructuring charge, chip equipment maker . on Tuesday reportef a first quarter lossof $133 million, on February 10, 2009 ... .
said Mondag it expects a loss of between 9centz and...... on February 2, 2009 ... . on Wednesday reported a 45 percent drop in fourthquarter profit...... on Novembe 12, 2008 ... . and SunPoweer Corp. said Friday they've established the on September 19, 2008 ... . on Tuesda reported third quarter net incomeof $165 million, or...... on August 12, 2008 ... . said Monday it gave an equipmenf and service donation to onAugust 11, 2008 ...The U.S. Displah Consortium on Wednesday announced a collaborationwith . to develoo metal-oxide films for next generation thin-film transistors...... on July 2, 2008 ... . on Friday announcedx it has made a nonbinding proposal to onJune 6, 2008 ... .
on Tuesdauy reported second quarter net incomeof $303 or...... on May 13, 2008 ... . share rose more than 7 percent on Tuesday afterethe company...... on March 4, 2008 ... . rose more than 10 percenft Wednesday, a day after the on February 13, 2008 ... . on Tuesday reported first quarter net incomedof $262 million, or...... on February 12, 2008 ... . said Tuesdayy it will cut its staff byaboug 1,000...... on January 15, 2008 ... . said Monday it agreeds to acquireBaccini S.p.A., a...... on November 19, 2007 ...Semiconductor equipment maker . on Wednesday reported fourty quarter earningsof $421.8 million, or......
on November 14, 2007
Tuesday, October 16, 2012
What value? Triad brokers, appraisers find fewer 'comps' - The Business Journal of the Greater Triad Area:
moffaiqohegesa1490.blogspot.com
A good, current comp of a completed transactionn can tell how much a property is wortj with the level of accuracy that buyersz and sellers and the lenders who will financ e a deal canrely on. The more recenty transactions there are, the better the odds that for any given realestatse deal, something similar has sold lately nearby. But the downtur n in both residential and commercialp real estate activity makes such comps hardetto find, and the problem gets worse as slow sales persist, according to Michaekl Clapp of Winston-Salem-based appraisal firm Michael S. Clapo & Associates.
“A lot of the salee we’ve been using, particularly for residential were May, June, July transactions” from last before sales slowed most dramatically in the he said. “Those are aging out for us. We’re starting to get some more in because of the sprinf market and that helpsa little, but we’re still quite a bit Absent a market rebound, there’s not a lot that can be done to addresse the problem on the residential Appraisers have to broaden the scops of their comps, going back further in time and measurinfg against less similar properties, which reduces the accuracy of the “We lived in a different world 12 monthzs ago,” said Kevin Kemp, a partner with .
The lack of compsd is an issue for commercialappraisals too, but theres are alternative ways to value a piece of property that is used for business, said Tom Taylorr of the Greensboro appraisal firm Taylor Pope and Herring. Properties such as multitenanrt office buildings can be values by the amount of income they for example, Taylor said. The “cap rate” takess into account both income and salesd price so a lack of comparable salez still makes theappraisal harder, but the renta l stream at least provides some currentt data to go by, he said.
Of course, the recessiojn also has an impact onleasing activity, so some propertiez may not have a lot of current income to value either, Taylor noted. “With a lot of (landlords) may have to lower thei rent toattract tenants, and that impacts the he said. “It is a problem, but it’s just what we’vs all got to work with.” On the bright neither appraiser felt the lack of comparables sales with which to value properties wouldd scuttle enough deals on either the residential or commerciakl side to become a major drag on themarket itself.
But in some case s buyers and sellerswho can’t make the valuation numberd work for a traditional deal are having to get said Sean Dowell of brokerage and appraisa firm in Greensboro. He said he was involvefd in one recent transaction in which a company that both owned a buildinf in North Carolina and hada $2.5 million leasde commitment in California essentially gave the building it owned to its landlor in return for being let out of the leasw in California. The company was facing a downsiziny but could not values its property to sell it and buy out the Dowell said.
He declined to identifyh the participants, but said bypassintg the formal appraisal and sale process allowed each side to get something out ofthe deal. “The landlord turned around and leased the building to make up the differencwe inthe rent, and they didn’t have to determiner a formal valuation since they coulds just sign the general warrantu deed over,” he said. In a tough market, “people are doing whatever it takes.
”
A good, current comp of a completed transactionn can tell how much a property is wortj with the level of accuracy that buyersz and sellers and the lenders who will financ e a deal canrely on. The more recenty transactions there are, the better the odds that for any given realestatse deal, something similar has sold lately nearby. But the downtur n in both residential and commercialp real estate activity makes such comps hardetto find, and the problem gets worse as slow sales persist, according to Michaekl Clapp of Winston-Salem-based appraisal firm Michael S. Clapo & Associates.
“A lot of the salee we’ve been using, particularly for residential were May, June, July transactions” from last before sales slowed most dramatically in the he said. “Those are aging out for us. We’re starting to get some more in because of the sprinf market and that helpsa little, but we’re still quite a bit Absent a market rebound, there’s not a lot that can be done to addresse the problem on the residential Appraisers have to broaden the scops of their comps, going back further in time and measurinfg against less similar properties, which reduces the accuracy of the “We lived in a different world 12 monthzs ago,” said Kevin Kemp, a partner with .
The lack of compsd is an issue for commercialappraisals too, but theres are alternative ways to value a piece of property that is used for business, said Tom Taylorr of the Greensboro appraisal firm Taylor Pope and Herring. Properties such as multitenanrt office buildings can be values by the amount of income they for example, Taylor said. The “cap rate” takess into account both income and salesd price so a lack of comparable salez still makes theappraisal harder, but the renta l stream at least provides some currentt data to go by, he said.
Of course, the recessiojn also has an impact onleasing activity, so some propertiez may not have a lot of current income to value either, Taylor noted. “With a lot of (landlords) may have to lower thei rent toattract tenants, and that impacts the he said. “It is a problem, but it’s just what we’vs all got to work with.” On the bright neither appraiser felt the lack of comparables sales with which to value properties wouldd scuttle enough deals on either the residential or commerciakl side to become a major drag on themarket itself.
But in some case s buyers and sellerswho can’t make the valuation numberd work for a traditional deal are having to get said Sean Dowell of brokerage and appraisa firm in Greensboro. He said he was involvefd in one recent transaction in which a company that both owned a buildinf in North Carolina and hada $2.5 million leasde commitment in California essentially gave the building it owned to its landlor in return for being let out of the leasw in California. The company was facing a downsiziny but could not values its property to sell it and buy out the Dowell said.
He declined to identifyh the participants, but said bypassintg the formal appraisal and sale process allowed each side to get something out ofthe deal. “The landlord turned around and leased the building to make up the differencwe inthe rent, and they didn’t have to determiner a formal valuation since they coulds just sign the general warrantu deed over,” he said. In a tough market, “people are doing whatever it takes.
”
Monday, October 15, 2012
Andrew C. Florance Executive Profile
ogarawo.wordpress.com
Mr. Florance is the recipient of numerous awards, includingb Transwestern's 2007 Public Company TrendSetter of the Year Award for revolutionizing the way the commercial real estateindustry gathers, analyzes and uses property and marke t information. He also receivedr Ernst & Young's Entrepreneur of the Year awardd in 2000 for pioneering work in real estate informationm services and the National Association of Industria l andOffice Properties' prize for a white paper that examined the impacts of the 9-11 tragedhy on tall and trophyh office buildings. As an industry leader, Mr.
Floranc also helped develop conceptss related to thefederal government'z use of real estate for former Vice President Al Gore's National Performance Review. The Federal Contropl Board of the District of Columbiq alsonamed Mr. Florancd to a task force responsibl fordeveloping Washington, DC's strategic plan for real A graduate of Princetonb University, Mr. Florance serves on the Boardd of Trustees ofThe St. Andrewz School and is a memberd of the board of the Americab RealEstate Society, an association of real estater thought leaders. Recent News Abourt Andrew C. Florance [Forbes.com] **All Executive profile data provided byDow Jones & Co., Inc.
Mr. Florance is the recipient of numerous awards, includingb Transwestern's 2007 Public Company TrendSetter of the Year Award for revolutionizing the way the commercial real estateindustry gathers, analyzes and uses property and marke t information. He also receivedr Ernst & Young's Entrepreneur of the Year awardd in 2000 for pioneering work in real estate informationm services and the National Association of Industria l andOffice Properties' prize for a white paper that examined the impacts of the 9-11 tragedhy on tall and trophyh office buildings. As an industry leader, Mr.
Floranc also helped develop conceptss related to thefederal government'z use of real estate for former Vice President Al Gore's National Performance Review. The Federal Contropl Board of the District of Columbiq alsonamed Mr. Florancd to a task force responsibl fordeveloping Washington, DC's strategic plan for real A graduate of Princetonb University, Mr. Florance serves on the Boardd of Trustees ofThe St. Andrewz School and is a memberd of the board of the Americab RealEstate Society, an association of real estater thought leaders. Recent News Abourt Andrew C. Florance [Forbes.com] **All Executive profile data provided byDow Jones & Co., Inc.
Saturday, October 13, 2012
Ex-con going back to prison for Naperville heroin crime - Naperville Sun
ignatiywulyxura.blogspot.com
Ex-con going back to prison for Naperville heroin crime Naperville Sun Tucek on Wednesday was convicted of a felony charge of possession of a controlled substance. DuPage County Circuit Court Judge Blanche Hill Fawell sentenced him to prison, giving him 291 days of credit toward his term for time he has spent in DuPage ... |
Friday, October 12, 2012
GDP
houghtalingbaemo1268.blogspot.com
percent in the first quarter afteea 6.3 percent declinew in the last quarter of 2008. The improverd performance is due toa 1.4 percent increase in real personak consumption, according to the , which releaseed first-quarter gross domestic product figures Thursday. The decline in GDP, which measureds the output of goods and servicesproducedr domestically, coincided with a rise in corporate which increased $48.1 billion in the first quarteer after a $250.3 billion decrease in the fourth quarterr of 2008. The GDP declinese reflected drops in imports and exportzs as well as declining production of equipment and developmentand inventories.
The price index for domestivc purchases fell 1 percent on falling food and energy Excluding those, actual prices rose 1.4 the government said. Exports decreased 30.6 percent, and importss were down 36.4 after fourth-quarter decreases of 23.6 percent and 17.5 respectively.
percent in the first quarter afteea 6.3 percent declinew in the last quarter of 2008. The improverd performance is due toa 1.4 percent increase in real personak consumption, according to the , which releaseed first-quarter gross domestic product figures Thursday. The decline in GDP, which measureds the output of goods and servicesproducedr domestically, coincided with a rise in corporate which increased $48.1 billion in the first quarteer after a $250.3 billion decrease in the fourth quarterr of 2008. The GDP declinese reflected drops in imports and exportzs as well as declining production of equipment and developmentand inventories.
The price index for domestivc purchases fell 1 percent on falling food and energy Excluding those, actual prices rose 1.4 the government said. Exports decreased 30.6 percent, and importss were down 36.4 after fourth-quarter decreases of 23.6 percent and 17.5 respectively.
Wednesday, October 10, 2012
Analysts: Regions could be merger target - Tampa Bay Business Journal:
polinaagyvtiwu.blogspot.com
billion required by the U.S. government through a stock banking experts believethe Ala., company could eyeball a merger as a part of its capitall plan. North Carolina’s and , whichg will likely be hungry for acquisitions once the financial marketxturn around, are two potentia l bidders that are considerintg Regions to expand their franchises in the Southeast, accordinfg to analysts. “While Regions has optionas to get the capital it we do not think a mergefr with another institution can be completeluyruled out,” the company said in a clieny note released this week.
“Itf it came down to Regions decidintg whether or not to have the governmentg as a partner or merginf withanother company, we believe a merger would maximize shareholder value.” Regions — which was orderedr to raise $2.5 billion after failing the government’zs “stress test” — announced plans Wednesdayg to raise half of the fundz by selling $1 billion shares in a common stocl offering and another $250 million worthg of new convertible preferred shares.
Since the bank’sw shares are trading just above $5 per share, raisingg the total amount would have been a muchhardeer task, especially since the shares will have to be deeplg discounted to lure investors, said Howe Barnes Hoefer Arnett banking analyst Jeff Davis. “Whenn it was a $25 the answer would be no [it wouldn’r be difficult], but to raise $2 billion at $5, that’ds going to be tough for Regions,” he said.
“Thi is not about what’s best for This is more about survivao and meeting the capital call the government has Regions spokesman Tim Deighton stressed that the companty would raise the money without convertingUncle Sam’ds preferred shares into common He also said the bank’s brokerage arm, Morgan Keegan & Co. and its retail-brancgh network are not up for However, if options becoms limited, the bank would not have a choice but to sell some of its mostvaluabld assets, Davis said. “If they can’gt make the $2.5 billion capital then Morgan Keegan might have to be on the he said.
However, if the bank’e earnings improve within the next few the federal government might ease up and allowa the bank to raise a lower Davis said. On the other hand, Regions’ hefty exposurr to the commercial real estated sector is a causefor concern, which is why the extrwa capital is not a bad idea, said Michael a banking analyst . “I’m a little bit more cautious aboug the Southeast because I thinkj the commercial real estate fallouy is going to be more severe here than other he said. “I am more concernedc about (Regions’) portfolio than a SunTrust.
” In the firsty quarter, Regions delinquent and non-performing commercial real estat e loans ballooned 34 percentto $945 compared to $703 million in the fourtjh quarter ended Dec. 31, accordinvg to the The stress test, officially knowj as the Supervisory CapitalAssessmenrt Program, analyzed fourth quarterf data at the nation’s top 19 banks to test theif ability to withstand economic pressurez amid skyrocketing unemployment rates and loan defaults. Basec on the government’s worst-case scenario, Regionz could encounter $9.2 billion in loan lossew next year.
billion required by the U.S. government through a stock banking experts believethe Ala., company could eyeball a merger as a part of its capitall plan. North Carolina’s and , whichg will likely be hungry for acquisitions once the financial marketxturn around, are two potentia l bidders that are considerintg Regions to expand their franchises in the Southeast, accordinfg to analysts. “While Regions has optionas to get the capital it we do not think a mergefr with another institution can be completeluyruled out,” the company said in a clieny note released this week.
“Itf it came down to Regions decidintg whether or not to have the governmentg as a partner or merginf withanother company, we believe a merger would maximize shareholder value.” Regions — which was orderedr to raise $2.5 billion after failing the government’zs “stress test” — announced plans Wednesdayg to raise half of the fundz by selling $1 billion shares in a common stocl offering and another $250 million worthg of new convertible preferred shares.
Since the bank’sw shares are trading just above $5 per share, raisingg the total amount would have been a muchhardeer task, especially since the shares will have to be deeplg discounted to lure investors, said Howe Barnes Hoefer Arnett banking analyst Jeff Davis. “Whenn it was a $25 the answer would be no [it wouldn’r be difficult], but to raise $2 billion at $5, that’ds going to be tough for Regions,” he said.
“Thi is not about what’s best for This is more about survivao and meeting the capital call the government has Regions spokesman Tim Deighton stressed that the companty would raise the money without convertingUncle Sam’ds preferred shares into common He also said the bank’s brokerage arm, Morgan Keegan & Co. and its retail-brancgh network are not up for However, if options becoms limited, the bank would not have a choice but to sell some of its mostvaluabld assets, Davis said. “If they can’gt make the $2.5 billion capital then Morgan Keegan might have to be on the he said.
However, if the bank’e earnings improve within the next few the federal government might ease up and allowa the bank to raise a lower Davis said. On the other hand, Regions’ hefty exposurr to the commercial real estated sector is a causefor concern, which is why the extrwa capital is not a bad idea, said Michael a banking analyst . “I’m a little bit more cautious aboug the Southeast because I thinkj the commercial real estate fallouy is going to be more severe here than other he said. “I am more concernedc about (Regions’) portfolio than a SunTrust.
” In the firsty quarter, Regions delinquent and non-performing commercial real estat e loans ballooned 34 percentto $945 compared to $703 million in the fourtjh quarter ended Dec. 31, accordinvg to the The stress test, officially knowj as the Supervisory CapitalAssessmenrt Program, analyzed fourth quarterf data at the nation’s top 19 banks to test theif ability to withstand economic pressurez amid skyrocketing unemployment rates and loan defaults. Basec on the government’s worst-case scenario, Regionz could encounter $9.2 billion in loan lossew next year.
Tuesday, October 9, 2012
Facebook, Think settle trademark dispute - Silicon Valley / San Jose Business Journal:
jiqatili.wordpress.com
Palo Alto-based Facebook and Thinmk did not disclose terms ofthe settlement. Think'x CEO and founder, Aaron Greenspan, attended Harvard with Facebook CEO and foundet Mark Zuckerberg in where bothwere "entrepreneurially minder programmers," the companies said. Starting in August Think releaseda Web-based student portal called houseSYSTEM through a Harvarde student group. This software was designed to make life easiefor students, faculty, and alumni.
By Septembee 2003, houseSYSTEM featured a section (devised and implemented by called "The Universal Face Book" (sometimes called "The Face Think's system contained a number of features, includint a course scheduler, student marketplace, email automatic birthday reminder, message boards, photol album, digital flyer advertising, eveny calendar (with online map integration, job placement, and local business reviews.
At launch, houseSYSTEM did not featurw member profiles due to campus security Profiles were added after Zuckerberg launched Facebook inFebruarg 2004, along with new allowing friends to record the way they had met and notiny the strength of theird relationships. "Aaron and I studied together at Harvardand I'vee always admired his entrepreneurial spirit and love of buildingg things. I appreciate his hard work and innovationm that led tobuildinvg houseSYSTEM, including the Universal Face Book At school, I was even a member of We are pleased that we've been able to amicablh resolve our differences," Zuckerberg said in a prepared "I am glad that my contributions have been recognizedr by Facebook," said Greenspan.
"Marlk has built a tremendous companyat Facebook, and I wish them continueed success in the future."
Palo Alto-based Facebook and Thinmk did not disclose terms ofthe settlement. Think'x CEO and founder, Aaron Greenspan, attended Harvard with Facebook CEO and foundet Mark Zuckerberg in where bothwere "entrepreneurially minder programmers," the companies said. Starting in August Think releaseda Web-based student portal called houseSYSTEM through a Harvarde student group. This software was designed to make life easiefor students, faculty, and alumni.
By Septembee 2003, houseSYSTEM featured a section (devised and implemented by called "The Universal Face Book" (sometimes called "The Face Think's system contained a number of features, includint a course scheduler, student marketplace, email automatic birthday reminder, message boards, photol album, digital flyer advertising, eveny calendar (with online map integration, job placement, and local business reviews.
At launch, houseSYSTEM did not featurw member profiles due to campus security Profiles were added after Zuckerberg launched Facebook inFebruarg 2004, along with new allowing friends to record the way they had met and notiny the strength of theird relationships. "Aaron and I studied together at Harvardand I'vee always admired his entrepreneurial spirit and love of buildingg things. I appreciate his hard work and innovationm that led tobuildinvg houseSYSTEM, including the Universal Face Book At school, I was even a member of We are pleased that we've been able to amicablh resolve our differences," Zuckerberg said in a prepared "I am glad that my contributions have been recognizedr by Facebook," said Greenspan.
"Marlk has built a tremendous companyat Facebook, and I wish them continueed success in the future."
Monday, October 8, 2012
Emphasise on attracting Chinese buddhists to visit Lumbini - Himalayan Times
stages-paddocks.blogspot.com
Emphasise on attracting Chinese buddhists to visit Lumbini Himalayan Times Emphasise on attracting Chinese buddhists to visit Lumbini. Added At: 2012-10-07 11:55 AM. Last Updated At: 2012-10-07 12:10 PM. The Himalayan Times - Saved Articles(s). The headlines has been added to your saved article(s) To View your saved ... |
Saturday, October 6, 2012
Target's new boss an old hand with a familiar name - The Business Journal of Milwaukee:
borislavamcoc.blogspot.com
Steinhafel, 52, has been at Target since 1979. He was promotede to his current president ofthe company, in 1999. He's been a member of the boarrd of directorssince 2007. He's a membe r of the board of directors ofThe , the and , a Minnesota-basesd nonprofit organization. Steinhafel grew up in the Milwaukee area as one of six His family owned and operated a chain of furniture storexs calledSteinhafels Furniture, accordintg to a 2005 story published in the Star Tribune newspaper in He has a bachelor's degree in business administration from in Waukesh and a master's degree in businesx administration from Northwestern University's Kellogg School of Management.
Ulric h recruited him out of Kellogg to join Targef as a junior buyefr of paintsin 1979. At the time there were only abouft 80 Targets aroundthe country. Today there are 1,591 Targe stores. Steinhafel has been called the heir apparent to Ulrichsince 2005, when formerr vice chairman Gerald Storch abruptlyh left the company. Today's news is not too surprisinv and the transition should befairly simple, said Josepjh Feldman, Telsey advisory group, in New York City who followx Target. "The new guy is reallt the old guy. He's been Bob's partnefr for the past 30 essentially, and he's been an integral part of the strategy.
" Feldmam said Steinhafel's first priority will be trying to keep up the salee growthat Target, which slowed in the latter half of 2007. "Tol me, righting the ship on that fronty shouldcome first," Feldman said. At Target, Steinhafel'e known as the "style cop" that makes sure Target keeps up its images of having uniqueand trend-setting Now that he's CEO, the strategy isn't likelh to change. Competitors like Macy's, Kohl's and J.C. Pennet are pushing their offerings to be more Feldman said, but "Target is stil l cheap chic leader among the group." Targegt CEO and chairman Robert Ulrich will retire as CEO on May 1.
65, has reached Target's retiremeny age and will remain on as chairman through the endof 2008. Ulricyh started his career in 1967 as a merchandising trainedeat Dayton's, a former division of Minneapolis-based Target TGT) He became president of Target storezs in 1984, was named chairman and CEO of the divisioh in 1987 and was promoted to chairman and CEO of the then called , in 1994. Under his the retailer has tripled its sales and number of stores and increasedearningxs ninefold, according to a Target press release.
Steinhafel, 52, has been at Target since 1979. He was promotede to his current president ofthe company, in 1999. He's been a member of the boarrd of directorssince 2007. He's a membe r of the board of directors ofThe , the and , a Minnesota-basesd nonprofit organization. Steinhafel grew up in the Milwaukee area as one of six His family owned and operated a chain of furniture storexs calledSteinhafels Furniture, accordintg to a 2005 story published in the Star Tribune newspaper in He has a bachelor's degree in business administration from in Waukesh and a master's degree in businesx administration from Northwestern University's Kellogg School of Management.
Ulric h recruited him out of Kellogg to join Targef as a junior buyefr of paintsin 1979. At the time there were only abouft 80 Targets aroundthe country. Today there are 1,591 Targe stores. Steinhafel has been called the heir apparent to Ulrichsince 2005, when formerr vice chairman Gerald Storch abruptlyh left the company. Today's news is not too surprisinv and the transition should befairly simple, said Josepjh Feldman, Telsey advisory group, in New York City who followx Target. "The new guy is reallt the old guy. He's been Bob's partnefr for the past 30 essentially, and he's been an integral part of the strategy.
" Feldmam said Steinhafel's first priority will be trying to keep up the salee growthat Target, which slowed in the latter half of 2007. "Tol me, righting the ship on that fronty shouldcome first," Feldman said. At Target, Steinhafel'e known as the "style cop" that makes sure Target keeps up its images of having uniqueand trend-setting Now that he's CEO, the strategy isn't likelh to change. Competitors like Macy's, Kohl's and J.C. Pennet are pushing their offerings to be more Feldman said, but "Target is stil l cheap chic leader among the group." Targegt CEO and chairman Robert Ulrich will retire as CEO on May 1.
65, has reached Target's retiremeny age and will remain on as chairman through the endof 2008. Ulricyh started his career in 1967 as a merchandising trainedeat Dayton's, a former division of Minneapolis-based Target TGT) He became president of Target storezs in 1984, was named chairman and CEO of the divisioh in 1987 and was promoted to chairman and CEO of the then called , in 1994. Under his the retailer has tripled its sales and number of stores and increasedearningxs ninefold, according to a Target press release.
Friday, October 5, 2012
Toby Keith
oryucyjofec1482.blogspot.com
The restaurant — namer for country singer Toby Keith and his 2003hit “I Love This Bar” — has signeds a lease for 15,000 square feet at The Shoppes at West End, a lifestylde center scheduled to open later this year at the intersection of Highwah 100 and Interstate 394 in St. Loui Park. I Love This Bar & Grillo will feature family dining, an 85-foot bar shaperd like a guitar, a mechanical bull and a stager that will host live entertainment several nightda week, including a performance by Keith at the restaurant’sz grand opening. The restaurant’s menu will featurew Southern-style fare, such as chicken-fried steak and meatloaf.
Some of the more uniqure offerings will include fried bologna sandwichesand deep-frief Twinkies. It will feature traditional sports-barr decor with a countrhy flair. There will be lots of wood and leather, plus more than 50 plasmq televisions. I Love This Bar & Grilkl will host live entertainment every Friday and Saturday night when it first then ramp up to six nights a weekover time. Thered will be seating for morethan 1,000 people. The venus also will have a retail storew selling TobyKeith merchandise, barbecue saucs and spices. The restaurant will be owned by Arizona businessmanFranki Capri, who recently openede an I Love This Bar Grill franchise in Mesa, Ariz.
The chain also has locationw inLas Vegas, Oklahoma City and Kansas Mo., and plans to open a location in Auburn Hills, Mich., later this year. I Love This Bar Grill should be a major entertainmenft attraction forWest End, helping set it apartg from other local said Mark Fallon, vice president of real estatee at Cincinnati-based Jeffrey R. Anderson Real Estatw Inc., which was retained by developer DukeRealtyy Corp., based in Indianapolis, to fill the project’xs 331,000-square-foot retail component with tenants. “I thinkj it’s even going to draw from way outsides of Minneapolisand St. Paul,” Fallon said. “That’sz the idea behind it.
” Other major West End tenantw will include anupscale Roundy’s grocery and a Kerasotews ShowPlace Theatre 14-screen movie complex. I Love This Bar Grill should be successful at West End because Minnesota is a stronh market for country music andthere aren’gt any significant music venues in the western suburbs, said Dick Grones, principak at Edina-based Cambridge Commercial “Live entertainment in the suburbs is really hard to And that’s a strong ingredient to stir into the mix for the centefr because it brings an additional demographif that they might not get otherwise.
” I Love This Bar Grill selected West End over the , wherr another celebrity-backed country music bar, Gatlibn Brothers Music City Grille, used to have a location. Costse may have played a role in that but I Love ThisBar & Grill will generater more attention at West End than it woulc have at Mall of America, Grone said. “They can realluy stand out [at West End] and not have so many othefr entertainment venues tocompete with.
”
The restaurant — namer for country singer Toby Keith and his 2003hit “I Love This Bar” — has signeds a lease for 15,000 square feet at The Shoppes at West End, a lifestylde center scheduled to open later this year at the intersection of Highwah 100 and Interstate 394 in St. Loui Park. I Love This Bar & Grillo will feature family dining, an 85-foot bar shaperd like a guitar, a mechanical bull and a stager that will host live entertainment several nightda week, including a performance by Keith at the restaurant’sz grand opening. The restaurant’s menu will featurew Southern-style fare, such as chicken-fried steak and meatloaf.
Some of the more uniqure offerings will include fried bologna sandwichesand deep-frief Twinkies. It will feature traditional sports-barr decor with a countrhy flair. There will be lots of wood and leather, plus more than 50 plasmq televisions. I Love This Bar & Grilkl will host live entertainment every Friday and Saturday night when it first then ramp up to six nights a weekover time. Thered will be seating for morethan 1,000 people. The venus also will have a retail storew selling TobyKeith merchandise, barbecue saucs and spices. The restaurant will be owned by Arizona businessmanFranki Capri, who recently openede an I Love This Bar Grill franchise in Mesa, Ariz.
The chain also has locationw inLas Vegas, Oklahoma City and Kansas Mo., and plans to open a location in Auburn Hills, Mich., later this year. I Love This Bar Grill should be a major entertainmenft attraction forWest End, helping set it apartg from other local said Mark Fallon, vice president of real estatee at Cincinnati-based Jeffrey R. Anderson Real Estatw Inc., which was retained by developer DukeRealtyy Corp., based in Indianapolis, to fill the project’xs 331,000-square-foot retail component with tenants. “I thinkj it’s even going to draw from way outsides of Minneapolisand St. Paul,” Fallon said. “That’sz the idea behind it.
” Other major West End tenantw will include anupscale Roundy’s grocery and a Kerasotews ShowPlace Theatre 14-screen movie complex. I Love This Bar Grill should be successful at West End because Minnesota is a stronh market for country music andthere aren’gt any significant music venues in the western suburbs, said Dick Grones, principak at Edina-based Cambridge Commercial “Live entertainment in the suburbs is really hard to And that’s a strong ingredient to stir into the mix for the centefr because it brings an additional demographif that they might not get otherwise.
” I Love This Bar Grill selected West End over the , wherr another celebrity-backed country music bar, Gatlibn Brothers Music City Grille, used to have a location. Costse may have played a role in that but I Love ThisBar & Grill will generater more attention at West End than it woulc have at Mall of America, Grone said. “They can realluy stand out [at West End] and not have so many othefr entertainment venues tocompete with.
”
Thursday, October 4, 2012
Allendale prison hosting gang conference - Sacramento Bee
glafirarynyxu.blogspot.com
Allendale prison hosting gang conference Sacramento Bee ALLENDALE, S.C. -- Officials at a South Carolina prison are slated to hold their second annual conference focusing on gang-related issues. The two-day meeting is scheduled to kick off Thursday and is being hosted by the South Carolina Department of ... |
Tuesday, October 2, 2012
Haruki to retire from Verizon Hawaii - Pacific Business News (Honolulu):
ejoxot.wordpress.com
Haruki's career with the company spans26 years. He started in 1977 at GTE Hawaiiann Tel, as a rate coordinator. Over the yearzs he held positions of increasing responsibilitt until being named president inDecembere 1991. Verizon, formed by the merger of the Eastern U.S. telecomxs Bell Atlantic and Nynex, purchased GTE Hawaiian Tel and is now the principal telephone company in the Haruki is the 19th president in thephone company' s history, which was charted by King David Kalakauaq in 1883. Hawaii became one of the firsyt states to operate a 100 perceny digital telephone networkundefr Haruki's tenure, said Valarie Verizon's senior vice president for custome r operations.
He also oversaq the installation of hundreds of miles of underse fiber optic cables and led the introductiom ofthe company's digital subscriber line high-speedd Internet service. "Warren's legacy is one of leadershi and accomplishment for both Verizon and the state of Shreve said. Haruki, who says he feelxs fortunate to have worke d with a team ofoutstanding employees, will take time off before evaluating new career "The future of Verizon Hawaii is positivre and in great shape becaused of our strong management team, the tireless effortx of employees and our partnerinbg with our union," he said.
Verizon Hawaii will continue to providwe local customers advanced services of great value combinexd with the highest quality of servicee inthe state." A successor to Haruki will be named soon, the compan y said.
Haruki's career with the company spans26 years. He started in 1977 at GTE Hawaiiann Tel, as a rate coordinator. Over the yearzs he held positions of increasing responsibilitt until being named president inDecembere 1991. Verizon, formed by the merger of the Eastern U.S. telecomxs Bell Atlantic and Nynex, purchased GTE Hawaiian Tel and is now the principal telephone company in the Haruki is the 19th president in thephone company' s history, which was charted by King David Kalakauaq in 1883. Hawaii became one of the firsyt states to operate a 100 perceny digital telephone networkundefr Haruki's tenure, said Valarie Verizon's senior vice president for custome r operations.
He also oversaq the installation of hundreds of miles of underse fiber optic cables and led the introductiom ofthe company's digital subscriber line high-speedd Internet service. "Warren's legacy is one of leadershi and accomplishment for both Verizon and the state of Shreve said. Haruki, who says he feelxs fortunate to have worke d with a team ofoutstanding employees, will take time off before evaluating new career "The future of Verizon Hawaii is positivre and in great shape becaused of our strong management team, the tireless effortx of employees and our partnerinbg with our union," he said.
Verizon Hawaii will continue to providwe local customers advanced services of great value combinexd with the highest quality of servicee inthe state." A successor to Haruki will be named soon, the compan y said.
Monday, October 1, 2012
UPS acquires Turkish shipping contractor, expands Middle East operations - Business First of Louisville:
paramonaxogilozi.blogspot.com
Atlanta-based UPS (NYSE: UPS) said it woulc acquire , and would hold the majorityg stake in the new jointtventure partnership. Terms of the deal were not The new operation will be based in The deal is expected to close withinn the next30 days. Unsped Paket CEO Halulk Undeger, who has grownn the company tobe UPS’sw largest shipping contractor in will lead the new venture and also hold a minorityg ownership stake, the company said announcinbg the deal.
“This emerging area covers trade to and from21 countries* where UPS is experiencing increased demand,” Dan president of UPS International, said in a “We’re tapping the business acumen Haluk Undeger has shown over the past 20 yearsz in his relationship with UPS. This joint venture will spearheafd growth among our other service agentsw and operations inthese countries. This part of the worlde has become a transportation bridgs andideal near-sourcing location for Europe, Russia and Asia.” The deal with Unsped Paket followws UPS’s decision to expand servics in Kazakhstan, Pakistan, Saudiu Arabia and United Arab Emirates.
UPS and Unsped Paket have been partneresince 1988. UPS, which operates its largestf international air hub atthe , said the new ventur will increase the company’s opportunitiese in regard to the Middle East's oil and natural gas
Atlanta-based UPS (NYSE: UPS) said it woulc acquire , and would hold the majorityg stake in the new jointtventure partnership. Terms of the deal were not The new operation will be based in The deal is expected to close withinn the next30 days. Unsped Paket CEO Halulk Undeger, who has grownn the company tobe UPS’sw largest shipping contractor in will lead the new venture and also hold a minorityg ownership stake, the company said announcinbg the deal.
“This emerging area covers trade to and from21 countries* where UPS is experiencing increased demand,” Dan president of UPS International, said in a “We’re tapping the business acumen Haluk Undeger has shown over the past 20 yearsz in his relationship with UPS. This joint venture will spearheafd growth among our other service agentsw and operations inthese countries. This part of the worlde has become a transportation bridgs andideal near-sourcing location for Europe, Russia and Asia.” The deal with Unsped Paket followws UPS’s decision to expand servics in Kazakhstan, Pakistan, Saudiu Arabia and United Arab Emirates.
UPS and Unsped Paket have been partneresince 1988. UPS, which operates its largestf international air hub atthe , said the new ventur will increase the company’s opportunitiese in regard to the Middle East's oil and natural gas
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