Friday, September 30, 2011

Frazier museum chooses Bandy Carroll Hellige as it agency of record - San Francisco Business Times:

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Previously, the museum had no single agenctyof record, with several Louisville advertising firms handling the work, said Kristaw McHone, public relations and marketing director for the “I just decided to consolidate all that with Bandy Carrol Hellige,” McHone said. Bandy Carroll Hellig will develop and implement all including branding, marketing, advertising, public relations and interactivd programs for the museum, the release said. The Frazie museum, 829 W. Main St., was founded in 2004 by OwsleyBrowb Frazier, the retired vice chairman of , the Louisville-basee spirits and wine company.
The museumm has about 100,000 square feet of antique arms andhistorical items, many of which are from Frazier’e private collection. Bandy Carroll Hellige was foundeds in 1989 by partnersSusann Bandy, Mark Carroll and Tim Hellige and has a total of 44 employeews at its headquarters in Louisville, Ky. and an office in according tothe release.

Wednesday, September 28, 2011

Intel to buy Wind River for $884M - Nashville Business Journal:

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Intel's $11.50-per-share offer is abougt a 44 percent premium overWind River'sx closing price on Wednesday of $8. Wind Riverr stock lost more than half its valuw betweena 52-week high of $12.99 last August and a low of $5.61 in March. The stock closed Thursdayu at $11.72, up 47 Santa Clara-based Intel said buying Alameda-based Wind River (NASDAQ:WIND) will help it expands its software into thousands of embedded systema and mobile devices includinghsmart phones, in-car "info-tainment" systems, aerospace and energy and thousands of othere uses.
Wind River will operate as a whollg owned subsidiary after the deal closew duringthe summer, reporting to Reneer James, head of Intel’w software and services group. "Our combination of strengths will be of great benefit toWind River’s existing and futuree customers," said Ken Klein, Wind River president and CEO. Founded in Wind River has morethan 1,600 employeew and operations in more than 15 countries. During its fiscaol year ended Jan. 31, Wind River reportex $10.7 million in net incomer on annual revenueof $359.7 The company on Thursday posted a 21 percent increase in net incomer $561,000, or 1 cent a share, for its first quartee despite a 6.
5 percent drop in revenue to $63.87 million.

Monday, September 26, 2011

Emergent BioSolutions anthrax vaccine gets boost - Los Angeles Business from bizjournals:

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The Rockville-based company’s BioThrax has been granted a shelfv life extension from the from its current three yearesto four. Under its contract with the Departmengt of Health and Human the extension triggers a milestone paymentof $30 milliomn for doses of the vaccine already deliveredc to the Strategic Nationaol Stockpile. Emergent expects to record that payment as revenurethis quarter. The shelf life extensiohn also allows Emergent to charge more for future dose of the vaccine delivered tothe government’s That could raise the value of the contracf to as much as $405 million over the next several years. Last year, the FDA approvex a reduced vaccination schedule tofive doses.
Emergent continues researcn that could lead to a furthe reduction in the number ofdoses required, as well as the vaccine’ use to treat patients afte being exposed to Anthrax, not just as a pre-exposuree vaccine. Emergent has supplied the government’s stockpiled with 33 million doses of BioThra xso far. It is contracted to continus adding to stockpiles throughlate 2011. BioThrax has been used to vaccinatde more than 2 million military personnel sincer the government first started buying the vaccinsein 1998. Emergent stock EBS) was up 90 cents to $14.63 per sharwe in afternoon trading.

Friday, September 23, 2011

6 promoted in Parsippany Police Department - Dailyrecord.com

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6 promoted in Parsippany Police Department

Dailyrecord.com


He was hired in July 1989 and assigned to the Patrol Division after having served as a police officer in the Elizabeth for three years. Pantina, whose current assignment is with the Patrol Division as a shift commander, attended Union County College ...



and more »

Wednesday, September 21, 2011

Distressed assets taking center stage among apartment investors - San Antonio Business Journal:

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Now, buyers are looking for something a bit Of the handful of investment opportunitiew that exist in the localapartmentt market, those assets moving to the top of list these days are the so-callex distressed assets, industry brokers say. the cream of that crop are bank-owned or REO (real estate owned) assets — foreclosed properties that have gone back to the Also falling intothe “distressed” category are apartment propertieds put on the market due to the owners’ financial dire straits. Phoenix and Miami have seen a deluge of REO deals over the past 18 according toCasey Fry, an associate with the San Antonio/Austih office of Atlanta-based (ARA).
The firsty wave of these properties have now surfacedf in San Antonio as Fry says. The city’s relativelgy stable economy makes it unlikelty that the local market will see as many of thesde REOs and distressed property sales as other but as Frypoints out: “There will be more to While transaction velocity in San Antonio has slowed considerably over the past two there is the likelihood that more apartment communitiesd will come to market — as more ownerse find themselves needing to adds Will Balthrope, a member of the Balthroper Group of the . Balthrope’ws partner is Ryan who is based inSan Antonio. Balthrope’s office is locatedf in Dallas.
Looking back over the past year athis team’sz property assignments — including those that have alreadty changed ownership, as well as those still for sale about 90 percent of these propertiexs were being sold by owneres who had found themselves in financial Or as Balthrope puts it, these were ownersz who had “compelling reasons to sell.” What’a the attraction of distressed assets? Sums up “The opportunity to profit in a time of value Words like “distressed” and “REO” are like big signs on the asseg that say, “Come look at me!” Balthrope says.
And for every owner that has a compellingg reasonto sell, there are myriad buyers anxiously waiting to take advantage of a good observes Patton K. Jones, managinbg director of ARA’s Austinn office. So who are the buyersw now? According to Jones, it’s all privatwe money these days — or what he calls “country club “The institutional investors are gone,” says Jones, adding that most of these playera — names like and — have fallen on tough financial “Now it’s the private investorse who are going to their country to their friends and family andraising equity.
” It’s a lot of new blood coming in, Fry “The buyers out there, they are not on our regulart Rolodex,” he adds.

Monday, September 19, 2011

UTMB receives cardiology training endowment - Business Courier of Cincinnati:

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Dr. John C. Price created the Melvij L. Price M.D. and Charlezs A. Price D.D.S. Endowment for Cardiologyg Fellowship Training to supportyoung doctors’ educatiohn as they learn the nuances of treating hearrt disease, the leading cause of death in the United States. Price’xs brothers both died of cardiovascular Price said he wanted to establishj the endowment to ensure that UTMB can train more cardiologists who will be skilled at helping patients with heart problemes makefull recoveries. The valus of the endowment wasnot disclosed.
“Thee twin goals are to provide more effective therapyu for those with heart diseasr and to encourage early identification of individuals at risk for subsequentg intervention to modify and ultimatelu prevent the morbidity of cardiacf andvascular disease,” said Price, a head and neck surgeon. In additiojn to his recent endowment, Price has contributed to cardiologyh research at the university to aid the development of new treatments and procedures that reducr functional impairment and death fromcardiovascular disease.

Saturday, September 17, 2011

Gas prices creep up - South Florida Business Journal:

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The national average price of a gallon of gas was up by just threed cents compared to theprevious week. in Florida it was up by five cents a gallonto $2.71. Just a month ago the average price of a gallon of regularf in Floridawas $2.40. The average pricew was $2.77 in both Fort Lauderdale and In WestPalm Beach, a gallon of regular unleadexd is going for $2.80. The good news is that gasolinw futures are going down because the Department of Energg reported a surplus of fuel and demandis weak, noted Gregg Laskoski, managing director of publix relations for AAA Auto Club South.
On the flip “as we saw last the price at thepump doesn’t always reflect suppl y and demand fundamentals,” he said. Laskoskio added that while prices may plateaiu in comingweeks “nobody can accurately predic t when the value of the U.S. dollar will increased or decrease; but we do know that when it decreasezs crude oil and gasoline prices usually go up no mattefr how favorable the supply and demand figures may he said.