ignatiywulyxura.blogspot.com
The sanctions started Jan. 12, when regulators determinecd the company’s conduct “poses a serious threat to the health and safety of Medicare after system failures deniedf thousands of patients access to criticao medications forheart seizures, diabetes, asthma and other conditions. Stilo in effect, the suspension has prompted many seniores to call the local Medicare advocacy prograj that helps them wade through their optionsand sign-up for plans. At WellPoint, it stallsd membership of a business sector that grew almost 16 percengt last year for prescription drugplans alone. The company has abou 450,000 Medicare Advantage and 1.
9 million Medicarr Part D prescription drug planmembers nationwide, including about 2,600 in the Sacramenti area. The federal action does not affectfthe company’s 800,000 Medicare Supplement plan member nationwide. WellPoint has taken steps to resolve the prepared detailedaction plans, hired an independent third partu to assess compliance and continues to work with federal regulators to removs the suspension as quickly as possible, company officials said in a preparedr statement. The sanctions will remain in place until all problems are saidJoe Kuchler, a spokesman for , the federal agency that overseesz the program.
It is not unusual for a Medicare contractor to have deficiencies and correctiveactiobn plans, as the programj is closely monitored, sources say. But several contract violations in multiplw products indicates systemic problems with a significant player in theMedicarde market. Problems with WellPoint’s information technology and administration of the prograkm were first identified in internal and CMS auditzin mid-2008. But they got much worse in earlgy January, with a sharp increase in complaints, according to a Jan.
12 lettee from CMS that said WellPoint: • Faile to meet call center requirements, and, amongb other charges, • Failed to pay cleam claims to non-contracted providers within federal time WellPoint could have requestef a hearing onthe issues, but didn’t, Kuchler “Regrettably, on Jan. 1 2009, some of our Medicarre members experienced issues assessing thei r Medicare Part Dpharmacyh benefits,” Wellpoint spokeswoman Janice Kyser wrote in an e-mail this “Once we became aware of the we acted with urgency.
” WellPointy informed network pharmacies of the problen within 24 hours and established a manual overrided process to make sure members got their Kyser said. “We deeply regret this isolated incident and are pleased to report that as a resulrt of the steps we our Medicare members were able to accesstheidr benefits,” she said. “We take member access to benefits and membed safetyvery seriously.
” The sanctions have not taken the toll they mightr have because most Medicare sign-ups take place before The real issue for WellPoint will be how long the suspension
Thursday, September 29, 2011
Tuesday, September 27, 2011
Lowering prices doesn
idellecromwell1991.blogspot.com
Bad decision. I’m reminded of a TV commercial that demonstratez what happens when you sella high-pricefd experience. In the commercial, instant coffee is serveds to diners ata high-end San Francisco restaurant. When asked aboutg the coffee, the dinerds rave about it. The assumption drives the experience you are not tastingthe coffee, you savor the Price is more than the quid pro quo for the servicre you provide. Like money, price talks. It changes Price communicates the quality that purchasers can We expecta high-priced item to perfor m very well.
But price does more than just As those diners in thecommercial demonstrate, a high pricwe can convince us that something we have regardless of the quality, was actually very Price does not merely change assumptions and perceptions. Pricd changes the actual experience of usinghthe service: A high price actually improves the experience. If it costxs more, it must be better. Unlike coffee which can be evaluated on physicall characteristics suchas aroma, body, flavor and acidity services such as legal, accounting and consultingv offer fewer objective and tangible characteristics to assess.
Those who use these services are more vulnerable to strange influences like The price of a servic influences what theprospect expects, and what the client perceivees and experiences. Price helps create the rose-colored glassesw through which people viewa service. While we may welcomr the savings and recognizethe service’s good value, we do not appreciatwe its quality and assume we could do better. Watch what your price says. Take the case of which is known for its legendary guitarxs madein Kalamazoo, Mich. It pioneered the electricc guitar, including the famous Les Paul Custom, and evergy serious guitarist has noticed that Eric Clapton and many othef headliners often usea Gibson.
But with the growtnh of guitar-based rock and popular music in the 1960as came a floodof competition, particularly from Japanese By the mid-1980s, the legendary guitar maker was on the vergd of becoming just a legend. Gibson’s solutiojn was to lower its prices so that its guitarsw weremore competitive. At worst, Gibson’s executivese reasoned, they would increase their volume of units sold and stabilizre theirmarket share. Gibson’s price reductionsx resulted in fewer units sold becaus those buying a guitar interpreted a lowere price aslower quality. The rule that reducing prices increasesa demand didnot apply.
When it became clear that lower prices were further threateninh the survival ofthe company, Gibson abandonexd that strategy and increased the price of its products. Demand increased. The more Gibson increased its prices, the more guitarsz it sold. Faced with two identical services, one relatively low-pricefd and the other relatively high-priced, the person who can reasonablh afford either service often choosesthe higher-priced service, often for no othetr reason than its high price. Increasing your in other words, will not necessarily decrease your any more than decreasing it will increasryour volume.
Like so many tacticsx in marketing, these pricing tactics often have the oppositw of theirexpected effect. The higherf your price, the higherf your perceived quality.
Bad decision. I’m reminded of a TV commercial that demonstratez what happens when you sella high-pricefd experience. In the commercial, instant coffee is serveds to diners ata high-end San Francisco restaurant. When asked aboutg the coffee, the dinerds rave about it. The assumption drives the experience you are not tastingthe coffee, you savor the Price is more than the quid pro quo for the servicre you provide. Like money, price talks. It changes Price communicates the quality that purchasers can We expecta high-priced item to perfor m very well.
But price does more than just As those diners in thecommercial demonstrate, a high pricwe can convince us that something we have regardless of the quality, was actually very Price does not merely change assumptions and perceptions. Pricd changes the actual experience of usinghthe service: A high price actually improves the experience. If it costxs more, it must be better. Unlike coffee which can be evaluated on physicall characteristics suchas aroma, body, flavor and acidity services such as legal, accounting and consultingv offer fewer objective and tangible characteristics to assess.
Those who use these services are more vulnerable to strange influences like The price of a servic influences what theprospect expects, and what the client perceivees and experiences. Price helps create the rose-colored glassesw through which people viewa service. While we may welcomr the savings and recognizethe service’s good value, we do not appreciatwe its quality and assume we could do better. Watch what your price says. Take the case of which is known for its legendary guitarxs madein Kalamazoo, Mich. It pioneered the electricc guitar, including the famous Les Paul Custom, and evergy serious guitarist has noticed that Eric Clapton and many othef headliners often usea Gibson.
But with the growtnh of guitar-based rock and popular music in the 1960as came a floodof competition, particularly from Japanese By the mid-1980s, the legendary guitar maker was on the vergd of becoming just a legend. Gibson’s solutiojn was to lower its prices so that its guitarsw weremore competitive. At worst, Gibson’s executivese reasoned, they would increase their volume of units sold and stabilizre theirmarket share. Gibson’s price reductionsx resulted in fewer units sold becaus those buying a guitar interpreted a lowere price aslower quality. The rule that reducing prices increasesa demand didnot apply.
When it became clear that lower prices were further threateninh the survival ofthe company, Gibson abandonexd that strategy and increased the price of its products. Demand increased. The more Gibson increased its prices, the more guitarsz it sold. Faced with two identical services, one relatively low-pricefd and the other relatively high-priced, the person who can reasonablh afford either service often choosesthe higher-priced service, often for no othetr reason than its high price. Increasing your in other words, will not necessarily decrease your any more than decreasing it will increasryour volume.
Like so many tacticsx in marketing, these pricing tactics often have the oppositw of theirexpected effect. The higherf your price, the higherf your perceived quality.
Sunday, September 25, 2011
Kansas State's Bryce and Arthur Brown return to South Florida - Sun-Sentinel
Godrej Refrigerators
Kansas State's Bryce and Arthur Brown return to South Florida Sun-Sentinel When linebacker Arthur Brown signed with UM in February of 2008, he was the cap on an already impressive recruiting class. A few weeks later, his younger brother, Bryce, gave a verbal commitment to the Hurricanes. ... |
Friday, September 23, 2011
Ivy Tech schedules hearing on tuition - Philadelphia Business Journal:
isexufehub.wordpress.com
in the fourth floor auditorium of the North Meridiajn Center atIvy Tech’s downtown Indianapolis The campus is located 50 W. Fall Creek Parkway North Drive. The 2008-09 in-state student tuitionh rate is $95 per credit hour with a $40 per-semestedr technology fee. The proposed rates are $99.65 per credit hour with a $50 per-semestedr technology fee for the 2009-10 year and $104.55 per credit hour and $60 per-semester technology fee for the 2010-112 year. The cost for full-tim e students, who take 15 credit hours, woul d increase by $79.75 per semester in 2009-10 and by $83.500 in 2010-11.
Indiana residenta who want to address the committeebut can’t are encouraged to send written commentsd to Bob Holmes, vice president for financd and treasurer of the college, at bholmes@ivytech.edu or mailee to him at the Ivy Tech Communityh College, 50 W. Fall Creelk Parkway North Drive, Ind., 46208. Ivy Tech, the state’s community college operates 23 campusesin Indiana, including a Southern Indianaq campus in Sellersburg.
in the fourth floor auditorium of the North Meridiajn Center atIvy Tech’s downtown Indianapolis The campus is located 50 W. Fall Creek Parkway North Drive. The 2008-09 in-state student tuitionh rate is $95 per credit hour with a $40 per-semestedr technology fee. The proposed rates are $99.65 per credit hour with a $50 per-semestedr technology fee for the 2009-10 year and $104.55 per credit hour and $60 per-semester technology fee for the 2010-112 year. The cost for full-tim e students, who take 15 credit hours, woul d increase by $79.75 per semester in 2009-10 and by $83.500 in 2010-11.
Indiana residenta who want to address the committeebut can’t are encouraged to send written commentsd to Bob Holmes, vice president for financd and treasurer of the college, at bholmes@ivytech.edu or mailee to him at the Ivy Tech Communityh College, 50 W. Fall Creelk Parkway North Drive, Ind., 46208. Ivy Tech, the state’s community college operates 23 campusesin Indiana, including a Southern Indianaq campus in Sellersburg.
Wednesday, September 21, 2011
Aurora's Southlands shopping center damaged by tornado - St. Louis Business Journal:
vanbeekdulejos1771.blogspot.com
A twister reportedly touched down nearbyat 1:49 p.m. Sunday and crossed through the area onan eight-- to 10-mile-long path for about 30 minutes, the said. . Firefighters founs moderate damageat Southlands, locatee at E-470 and Smoky Hill CBS4 News reported. Rooftop heating, venting and air-conditioningy units were damaged, windows were broken, a shed was and a car was overturned. Natural-gasx leaks also were noted. Authorities shut down gas servics to Southlands earlySunday afternoon.
No serious injuriex were reported onthe shopping-center but a man in a nearby neighborhood who was tryin g to take pictures reportedly was hospitalized with unspecifiedf serious injuries, according to news reports. A Southlands spokeswomaj told CBS4 most ofthe center's stores will be closed Mondaty to allow for continued damagee assessment. She said customers should call individual stored to verify whether they are closedor open. which opened in 2006, is the Denvef area's largest shopping center by retail space, at 1.7 million squarew feet. It consists of severalk freestanding buildings connected by pedestriabn corridorsand streets.
The complex is owned by Granite Southlands Town Center LLC and managed by Forest City CommerciaklManagement Inc. Four other tornadoes were spotted nortuh and east of Denver Sunday and baseball-sized hail strucko some areas. As many as 3,000 customers were withouyt power for a time in partss of Auroraand Centennial. .
A twister reportedly touched down nearbyat 1:49 p.m. Sunday and crossed through the area onan eight-- to 10-mile-long path for about 30 minutes, the said. . Firefighters founs moderate damageat Southlands, locatee at E-470 and Smoky Hill CBS4 News reported. Rooftop heating, venting and air-conditioningy units were damaged, windows were broken, a shed was and a car was overturned. Natural-gasx leaks also were noted. Authorities shut down gas servics to Southlands earlySunday afternoon.
No serious injuriex were reported onthe shopping-center but a man in a nearby neighborhood who was tryin g to take pictures reportedly was hospitalized with unspecifiedf serious injuries, according to news reports. A Southlands spokeswomaj told CBS4 most ofthe center's stores will be closed Mondaty to allow for continued damagee assessment. She said customers should call individual stored to verify whether they are closedor open. which opened in 2006, is the Denvef area's largest shopping center by retail space, at 1.7 million squarew feet. It consists of severalk freestanding buildings connected by pedestriabn corridorsand streets.
The complex is owned by Granite Southlands Town Center LLC and managed by Forest City CommerciaklManagement Inc. Four other tornadoes were spotted nortuh and east of Denver Sunday and baseball-sized hail strucko some areas. As many as 3,000 customers were withouyt power for a time in partss of Auroraand Centennial. .
Sunday, September 18, 2011
Portland-area economy weakens Q1 - Portland Business Journal:
xoqylyjibo.wordpress.com
percent, an accelerating decline compared tothe 13.5 percen (revised) drop in the fourth quarter of 2008. Of the nine indicator s included inthe index, six declined significantly, said Tim Duy, directo r of the Oregon Economic Forum and a UO adjunct assistanrt professor, Labor market trends continue to Help-wanted advertising in The Oregonian fell during the quarter, consistengt with a decrease in hiring demand. initial unemployment claims continuedto rise, reaching a month average of 16,819 Non-farm payrolls continue to fall as under the dual forces of increases layoffs and slack hiring demand; payrolla stand 3.9 percent lower than year-ago levels.
The expected slowdowbn in lodging activity finally cameto pass, said Duy,with estimatex lodging revenue (seasonally and inflation down 15.4 percent from the fourth quarter. Passenger trafficf at Portland International Airport was effectively unchanged from thepreviousd quarter. Housing markets were generally weaker. Housinf sales were effectively unchanged, whilee average days-on-market fell, partially offsetting a particularlt sharp rise in the fourtn quarterof 2008, attributable to the intensificationn of the financial crisis and unusual weather conditions, said Duy. Ongoing declines in the in point to continued economic deterioration in thePortlandc region, he added.
Signx of stabilization are difficult to he said; expectations for a firming of economic activity in the second half of 2009 are largely base on some tentative signs of stability in the nationapl economy. Moreover, the impact of fiscal and monetaryg policies should become more evideny as theyear progresses. Still, the pace of the recoveryu is expected to be subdued as the economy adjust s to an environment less dependenton debt-supported consumet spending growth.
percent, an accelerating decline compared tothe 13.5 percen (revised) drop in the fourth quarter of 2008. Of the nine indicator s included inthe index, six declined significantly, said Tim Duy, directo r of the Oregon Economic Forum and a UO adjunct assistanrt professor, Labor market trends continue to Help-wanted advertising in The Oregonian fell during the quarter, consistengt with a decrease in hiring demand. initial unemployment claims continuedto rise, reaching a month average of 16,819 Non-farm payrolls continue to fall as under the dual forces of increases layoffs and slack hiring demand; payrolla stand 3.9 percent lower than year-ago levels.
The expected slowdowbn in lodging activity finally cameto pass, said Duy,with estimatex lodging revenue (seasonally and inflation down 15.4 percent from the fourth quarter. Passenger trafficf at Portland International Airport was effectively unchanged from thepreviousd quarter. Housing markets were generally weaker. Housinf sales were effectively unchanged, whilee average days-on-market fell, partially offsetting a particularlt sharp rise in the fourtn quarterof 2008, attributable to the intensificationn of the financial crisis and unusual weather conditions, said Duy. Ongoing declines in the in point to continued economic deterioration in thePortlandc region, he added.
Signx of stabilization are difficult to he said; expectations for a firming of economic activity in the second half of 2009 are largely base on some tentative signs of stability in the nationapl economy. Moreover, the impact of fiscal and monetaryg policies should become more evideny as theyear progresses. Still, the pace of the recoveryu is expected to be subdued as the economy adjust s to an environment less dependenton debt-supported consumet spending growth.
Friday, September 16, 2011
Pac-12 reprimands Jeff Tedford - ESPN
ignatiywulyxura.blogspot.com
Pac-12 reprimands Jeff Tedford ESPN Tedford had said this week that officials incorrectly called a personal foul penalty on Trevor Guyton after the defensive end tackled Buffaloes running back Rodney Stewart at the end of a pass play. He said that Stewart wasn't ruled down and no whistle ... |
Wednesday, September 14, 2011
PCC
borislavamcoc.blogspot.com
The school paid the $5 million for the historidc Willamette Building at722 S.W. Second Ave. The four-story, 35,200-square-fooyt building served as the ’s Portland campus until the schook moved its journalism and architecture programs and its Duck Store to the Whitr Stag building in Old Town last Portland Community College willinvesrt $6.7 million on a seismivc overhaul and a down-to-the-studs renovation that should be done by Jan. 1. The decision to stake a claim downtown is the most visiblr result ofa $374 million bond measurde approved by voters last November.
The measure is the largest school-fundinv request ever passed in Oregob and will pay for expansions at campuses and other facilities infive counties. Those expansions will begin this summer. The purchasw of the Willamette Building gives the schoolits first-ever downtown presence. “This puts the Portlanxd in PortlandCommunity College,” said Dana public affairs manager. It also freees up administrative offices at its satellitee campusesfor badly-needed classrooms and laboratories. That shoulr help the school satisfy rising Growing demand adds up to waiting lists for the its most popula classes and drives the need foradditional facilities.
The school servea 86,200 full- and part-time students per year and enrolles 10.6 percent more students this spring than marking its seventh consecutive termfor growth. Communithy college enrollments often pick up when unemploymenf rises as workers seek to learbnew skills. Oregon’s unemployment rate is 12 the second-highest in the nation aftetr Michigan. It’s also a logical move for a school that unde r president Preston Pulliams has developef stronger relationships withthe city’s business community.
The resul is a work forcwe training program that better meetzs the needs ofPortland “It puts them close to a wholew lot of their said Sandra McDonough, president and CEO of the , the city’ds chamber of commerce. The building occupies one of Portland’s most visibl e corners at Southwest Second andYamhillk streets. It sits near the intersection of the Max line and theMorrisonm Bridge. Portland Community College is counting on the locationh to increaseits profile. “The building is an enormous opportunitt for PCC to brand itself in saidGregg Sanders, project manager for .
, the generak contractor, is nearly finished demolishing the interior and will soon staryt rebuildingthe interior. One of the most visible renovationa will be ared glass-walled conferences room in the corner overlooking the Max stop, space once occupiedd by the Duck Store. The red room will be visiblse from the sidewalk and will be used both as a classroomj andmeeting space.
The school paid the $5 million for the historidc Willamette Building at722 S.W. Second Ave. The four-story, 35,200-square-fooyt building served as the ’s Portland campus until the schook moved its journalism and architecture programs and its Duck Store to the Whitr Stag building in Old Town last Portland Community College willinvesrt $6.7 million on a seismivc overhaul and a down-to-the-studs renovation that should be done by Jan. 1. The decision to stake a claim downtown is the most visiblr result ofa $374 million bond measurde approved by voters last November.
The measure is the largest school-fundinv request ever passed in Oregob and will pay for expansions at campuses and other facilities infive counties. Those expansions will begin this summer. The purchasw of the Willamette Building gives the schoolits first-ever downtown presence. “This puts the Portlanxd in PortlandCommunity College,” said Dana public affairs manager. It also freees up administrative offices at its satellitee campusesfor badly-needed classrooms and laboratories. That shoulr help the school satisfy rising Growing demand adds up to waiting lists for the its most popula classes and drives the need foradditional facilities.
The school servea 86,200 full- and part-time students per year and enrolles 10.6 percent more students this spring than marking its seventh consecutive termfor growth. Communithy college enrollments often pick up when unemploymenf rises as workers seek to learbnew skills. Oregon’s unemployment rate is 12 the second-highest in the nation aftetr Michigan. It’s also a logical move for a school that unde r president Preston Pulliams has developef stronger relationships withthe city’s business community.
The resul is a work forcwe training program that better meetzs the needs ofPortland “It puts them close to a wholew lot of their said Sandra McDonough, president and CEO of the , the city’ds chamber of commerce. The building occupies one of Portland’s most visibl e corners at Southwest Second andYamhillk streets. It sits near the intersection of the Max line and theMorrisonm Bridge. Portland Community College is counting on the locationh to increaseits profile. “The building is an enormous opportunitt for PCC to brand itself in saidGregg Sanders, project manager for .
, the generak contractor, is nearly finished demolishing the interior and will soon staryt rebuildingthe interior. One of the most visible renovationa will be ared glass-walled conferences room in the corner overlooking the Max stop, space once occupiedd by the Duck Store. The red room will be visiblse from the sidewalk and will be used both as a classroomj andmeeting space.
Monday, September 12, 2011
Fewer city graduates attend four-year colleges - Baltimore Sun
lehoquvuhu.wordpress.com
Baltimore Sun | Fewer city graduates attend four-year colleges Baltimore Sun The number of Baltimore City high school graduates enrolling in four-year colleges and universities has dropped in recent years as more head to two-year institutions where they are far less likely to graduate. The Baltimore Education Research ... Report: Baltimore City graduates leaning toward 2-year schools, but many not ... |
Saturday, September 10, 2011
Local band to take on popular tunes from Lady Gaga, Coldplay - Houma Courier
http://biomarck.com/intellectual-property.htm
Local band to take on popular tunes from Lady Gaga, Coldplay Houma Courier Among some of the band's recognizable tunes will be some new medleys from Coldplay and Lady Gaga. "We're contemplating doing a piece called 'Where No Man Has Gone Before,' which is a mix of music from 'Superman,' 'Star Trek' and 'Star Wars,' " Zelasko ... |
Wednesday, September 7, 2011
Terremark Q4 revenue, earnings up - Washington Business Journal:
bestimmung-amendments.blogspot.com
million from $56.8 million in the prior-yeard period. The Miami-based IT infrastructure servicesprovider TMRK) said net income for the quarte ended March 31 was $3.5 million, or 6 cent s a share, up from a loss of $2.6 or 5 cents a share, the year before. Thougn revenue fell short of the $74.2 million analysts expected, the companu beat the consensus for net analysts were expecting a pennya share. Revenue for the full year was $250.55 million, up from $187.4 millionb in the previous “As our company heads into fisca 2010, we believe our robust pipeline and the consistentlyt strong customer demand for our products and servicees will continue to drive strong Chairman and CEOManuel D.
Medina said in a news Terremark said it had record bookings during the fourth logging $31.8 million of new annua l contract value. The company is in the blacmk after years ofsteady Still, Terremark has managed to consistently grow revenue and has been aggressiveluy pursuing federal government contracts, a strongf suit for the company. With a growing facility in suburban D.C., that caters to governmeny business, the company expects to benefit from federakstimulus dollars. During the fourth quarter, the federao government accounted for 30 percentof Terremark’s total revenue, Medinaw said during a conferenced call Tuesday evening.
That’s a 76 perceng year-over-year increase in government “I have never been more optimistic abouyt the visibility and size of ourgovernmeny pipeline,” Medina said. “Terremark Worldwide is enjoying stront visibility into fiscal year coming into the year with the highest backlog inthe company’sd history,” analysts wrote in a May 4 “The ability to service new governmentr contracts and partnerships with most of the large federal contractors should also provide strategic alternatives for managementr as they look to continue their capacity growty [at the suburban Washington, D.C., location].
” Just priotr to its earnings announcement, Terremark said Palo Calif.-based would acquire about 5 percent of its stock. Undetr the agreement, the virtualization and cloud-computing specialis will purchase 4 million shares of newl y issued Terremark common stockat $5 a for a total investment of $20 million. For the firsgt quarter of fiscalyear 2010, Terremark said it expectd revenue from $63 million to $66 million. For the full fiscap year, the company projectds revenuebetween $290 million and $300 Shares closed up 33 cents to $4.80. The 52-week high was $7.6 7 on Sept. 8. The 52-weem low was $1.85 on Marcbh 9.
million from $56.8 million in the prior-yeard period. The Miami-based IT infrastructure servicesprovider TMRK) said net income for the quarte ended March 31 was $3.5 million, or 6 cent s a share, up from a loss of $2.6 or 5 cents a share, the year before. Thougn revenue fell short of the $74.2 million analysts expected, the companu beat the consensus for net analysts were expecting a pennya share. Revenue for the full year was $250.55 million, up from $187.4 millionb in the previous “As our company heads into fisca 2010, we believe our robust pipeline and the consistentlyt strong customer demand for our products and servicees will continue to drive strong Chairman and CEOManuel D.
Medina said in a news Terremark said it had record bookings during the fourth logging $31.8 million of new annua l contract value. The company is in the blacmk after years ofsteady Still, Terremark has managed to consistently grow revenue and has been aggressiveluy pursuing federal government contracts, a strongf suit for the company. With a growing facility in suburban D.C., that caters to governmeny business, the company expects to benefit from federakstimulus dollars. During the fourth quarter, the federao government accounted for 30 percentof Terremark’s total revenue, Medinaw said during a conferenced call Tuesday evening.
That’s a 76 perceng year-over-year increase in government “I have never been more optimistic abouyt the visibility and size of ourgovernmeny pipeline,” Medina said. “Terremark Worldwide is enjoying stront visibility into fiscal year coming into the year with the highest backlog inthe company’sd history,” analysts wrote in a May 4 “The ability to service new governmentr contracts and partnerships with most of the large federal contractors should also provide strategic alternatives for managementr as they look to continue their capacity growty [at the suburban Washington, D.C., location].
” Just priotr to its earnings announcement, Terremark said Palo Calif.-based would acquire about 5 percent of its stock. Undetr the agreement, the virtualization and cloud-computing specialis will purchase 4 million shares of newl y issued Terremark common stockat $5 a for a total investment of $20 million. For the firsgt quarter of fiscalyear 2010, Terremark said it expectd revenue from $63 million to $66 million. For the full fiscap year, the company projectds revenuebetween $290 million and $300 Shares closed up 33 cents to $4.80. The 52-week high was $7.6 7 on Sept. 8. The 52-weem low was $1.85 on Marcbh 9.
Monday, September 5, 2011
Mergers: Districts ponder joining forces - Business First of Louisville:
fishermen-americachair.blogspot.com
The Town of Tonawanda resident headedthe 17-member board for sevebn years before stepping down in March. Yet he didn’t He continues to serve as WesternNew York’d regent, and he remains as outspokenh as ever about educational issues. One of his pet topicsd is the sheer number of locallschool systems. There are too many of them, he and their enrollments are generallytoo “Why do you need 28 schoolk districts in Erie County?” he “I’d like to see something like five districtas in the county instead of 28. I’d even like to start talking about a countywideschool district, like they have in Nort h Carolina and a few other states.
” Bennett’s stand is buttresserd by a report releaserd last December by the Statre Commission on Property Tax Relief. “New York State has too many school the reportsays flatly. It suggests that districts with fewerfthan 1,000 students should be required to mergs with adjacent systems, and districts with enrollmenta between 1,000 and 2,000 should be encouraged to follow Such proposals hit home in Westerb New York, where 66 of the region’zs 98 school districts have enrollments below 2,000, including 38 with fewef than 1,000 students from kindergartenj through 12th grade.
The hearr of this issue is a matter of benefites andcosts -- pitting the perceived advantages of combining two or more districtsw against the potential loss of local control and self-identity. Advocatex maintain that mergers allow consolidated districts to be more construct better schools and offet a wider range ofchallengintg courses. “It’s not only a financiap issue. To me, it’s a matted of equity,” says Bennett.
“If you had a regionak high school, maybe serving seven or eight ofthe districts, it would give kids the opportunity to work with each othedr -- and to have the best of the But opponents contend that mergers bring more longer bus rides for students and diminution of locapl pride. “In this community, the world revolves aroundc this school,” says Thomas Schmidt, superintendenf of the 478-pupil Sherman Centrapl School District inChautauqua County. “Ifd the school went away, N.Y., would lose a great deal of its School consolidation has beena volatile, emotiona l issue for a century.
The state was crosshatcher by 10,565 districts in 1910, many of them centeredc on one-room schoolhouses. A push for greated efficiency reduced that numbeto 6,400 by the outbreak of World War II, then swiftlh down to 1,300 by 1960. New York now has 698 Statewide enrollment works outto 2,540 pupils per which falls 25 percent below the national average of 3,400, accordinbg to the State Commission on Property Tax The gap is even larged in Western New York, which had 104 districtsd when Business First began ratinb schools in 1992. Mergers have sincde reduced that number to 98school systems. They educate an average of 2,268 students, 33 percent below the U.S. norm.
A comprehensivs effort to push regional enrollment up to the nationalp average would require the elimination of 33 Western New York That process wouldbe complicated, messy, rancorous -- and extremeluy unlikely. There is no shortage of candidatesfor consolidation, to be Business First easily came up with 13 hypothetical most of them based on standards proposed in last December’s report. These union would involve districts from alleight counties. for a summargy of these 13 potential consolidations. It shoulde be stressed that this listis fantasy, not reality. Stated officials lack the power to force districtato consolidate.
Initiative must be taken at theloca level, which happens infrequently. Only one prospective mergee in Western New York has currently reached an advancexd stageof negotiations. Brocton and Fredonia began consolidatiobn talkslast year, eventually commissioning a feasibility studyt at the beginning of winter. If they decide later this year that a mergermakews sense, voters in both districts would be given theif say in a referendum.
The Town of Tonawanda resident headedthe 17-member board for sevebn years before stepping down in March. Yet he didn’t He continues to serve as WesternNew York’d regent, and he remains as outspokenh as ever about educational issues. One of his pet topicsd is the sheer number of locallschool systems. There are too many of them, he and their enrollments are generallytoo “Why do you need 28 schoolk districts in Erie County?” he “I’d like to see something like five districtas in the county instead of 28. I’d even like to start talking about a countywideschool district, like they have in Nort h Carolina and a few other states.
” Bennett’s stand is buttresserd by a report releaserd last December by the Statre Commission on Property Tax Relief. “New York State has too many school the reportsays flatly. It suggests that districts with fewerfthan 1,000 students should be required to mergs with adjacent systems, and districts with enrollmenta between 1,000 and 2,000 should be encouraged to follow Such proposals hit home in Westerb New York, where 66 of the region’zs 98 school districts have enrollments below 2,000, including 38 with fewef than 1,000 students from kindergartenj through 12th grade.
The hearr of this issue is a matter of benefites andcosts -- pitting the perceived advantages of combining two or more districtsw against the potential loss of local control and self-identity. Advocatex maintain that mergers allow consolidated districts to be more construct better schools and offet a wider range ofchallengintg courses. “It’s not only a financiap issue. To me, it’s a matted of equity,” says Bennett.
“If you had a regionak high school, maybe serving seven or eight ofthe districts, it would give kids the opportunity to work with each othedr -- and to have the best of the But opponents contend that mergers bring more longer bus rides for students and diminution of locapl pride. “In this community, the world revolves aroundc this school,” says Thomas Schmidt, superintendenf of the 478-pupil Sherman Centrapl School District inChautauqua County. “Ifd the school went away, N.Y., would lose a great deal of its School consolidation has beena volatile, emotiona l issue for a century.
The state was crosshatcher by 10,565 districts in 1910, many of them centeredc on one-room schoolhouses. A push for greated efficiency reduced that numbeto 6,400 by the outbreak of World War II, then swiftlh down to 1,300 by 1960. New York now has 698 Statewide enrollment works outto 2,540 pupils per which falls 25 percent below the national average of 3,400, accordinbg to the State Commission on Property Tax The gap is even larged in Western New York, which had 104 districtsd when Business First began ratinb schools in 1992. Mergers have sincde reduced that number to 98school systems. They educate an average of 2,268 students, 33 percent below the U.S. norm.
A comprehensivs effort to push regional enrollment up to the nationalp average would require the elimination of 33 Western New York That process wouldbe complicated, messy, rancorous -- and extremeluy unlikely. There is no shortage of candidatesfor consolidation, to be Business First easily came up with 13 hypothetical most of them based on standards proposed in last December’s report. These union would involve districts from alleight counties. for a summargy of these 13 potential consolidations. It shoulde be stressed that this listis fantasy, not reality. Stated officials lack the power to force districtato consolidate.
Initiative must be taken at theloca level, which happens infrequently. Only one prospective mergee in Western New York has currently reached an advancexd stageof negotiations. Brocton and Fredonia began consolidatiobn talkslast year, eventually commissioning a feasibility studyt at the beginning of winter. If they decide later this year that a mergermakews sense, voters in both districts would be given theif say in a referendum.
Saturday, September 3, 2011
Wirth pleads not guilty to tax evasion charges - Pioneer Press
hegenefipa.blogspot.com
Wirth pleads not guilty to tax evasion charges Pioneer Press Jeffrey John Wirth, 52, along with his ex-wife, Holly Claire Damiani, and their accountant were indicted Aug. 18. They are accused of funneling money from a business Wirth owned and using it for personal expenses, including the building of an ... Developer Jeff Wirth pleads not guilty to tax fraud Wirth fin ! ;» |
Thursday, September 1, 2011
Quiksilver secures $150M term loan, posts 2Q profit - Phoenix Business Journal:
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The Huntington Beach company (NYSE: ZQK) also poste d second-quarter earnings of $2.8 million. The five-yeard term loan with private-equity firm Rhond was made to improve Quiksilver's liquidity and solidify its bankinh relationships. As part of the terms of the loan, Quiksilverd will name a pair of Rhone appointees to its boarof directors. Quiksilver also refinanced its credit facilitg with anew three-year, $200 million facility led by and . The companhy is also in discussionse with its French banking partnersw to consolidate its European debts into anew multi-yeatr facility.
In the company's earnings report, the company swunbg to profitability in thesecond quarter, posting the earningxs of 2 cents a share, whichb included several one-time items. Withoutg the items, the earnings per share wouled have been 5 centsa share. Analystt estimates placed the earnings at 9 centsa share. Saleds dropped 17 percent, coming in at $494.2 In the second quarte r a year ago, the companu lost $206.2 million, or $1.59 a on sales of $596.3 million. That quarter included losses of $244.09 million from discontinued operations. Quiksilver is an apparep and accessories company. Its core brand are Quiksilver, Roxy and DC.
A renewed focus on those core brands are the focuss ofthe company's long-term plan to improvs profits.
The Huntington Beach company (NYSE: ZQK) also poste d second-quarter earnings of $2.8 million. The five-yeard term loan with private-equity firm Rhond was made to improve Quiksilver's liquidity and solidify its bankinh relationships. As part of the terms of the loan, Quiksilverd will name a pair of Rhone appointees to its boarof directors. Quiksilver also refinanced its credit facilitg with anew three-year, $200 million facility led by and . The companhy is also in discussionse with its French banking partnersw to consolidate its European debts into anew multi-yeatr facility.
In the company's earnings report, the company swunbg to profitability in thesecond quarter, posting the earningxs of 2 cents a share, whichb included several one-time items. Withoutg the items, the earnings per share wouled have been 5 centsa share. Analystt estimates placed the earnings at 9 centsa share. Saleds dropped 17 percent, coming in at $494.2 In the second quarte r a year ago, the companu lost $206.2 million, or $1.59 a on sales of $596.3 million. That quarter included losses of $244.09 million from discontinued operations. Quiksilver is an apparep and accessories company. Its core brand are Quiksilver, Roxy and DC.
A renewed focus on those core brands are the focuss ofthe company's long-term plan to improvs profits.
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