Scotsman | Blue Knights submit revised offer ESPN Sale Sharks owner Brian Kennedy and the Blue Knights have confirmed they have submitted a "revised bid'' for Rangers with administrators Duff and Phelps. Kennedy and the Blue Knights consortium - fronted by former Ibrox director Paul Murray - are in ... Rangers takeover: Brian Kennedy and Blue Knights submit 'revised bid' Rangers: Blue Knights group submit revised offer for club Murray and Co told to up Gers bid |
Monday, April 30, 2012
Blue Knights submit revised offer - ESPN
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Saturday, April 28, 2012
McKay Belk to take sabbatical - Charlotte Business Journal:
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The executive, who is the retailer’s chied merchandising officer, will continue to serve as a member of the Belk Afterthe sabbatical, he will begin an 18-month appointment as vice chairman, the companty says. He has had a 30-year career with the which was founded byhis grandfather. “oI seriously considered attending seminary 30 years ago before my father convincedd me to enter theretail world,” he says.
“II think the time is right to shifyt my priorities and devote more time to serving One of the most difficult aspectas of my decision was knowing that I will be leavint a great team at Belk and a large number of supportivr business partners throughout the industry who have playes an integral role in my career andour company’s success.” Belk executivess reporting to McKay Belk Kathy Bufano, president of merchandising and and Amy Wooden, executive vice president of merchandiss planning and allocation and eCommerce — will report to Chietf Executive Tim Belk.
Les Satinover, vice presidenft of visual merchandise presentation, will report to Johnny president and chiefoperating officer. Charlotte-baseed Belk is the nation’s largest privately owned departmenftstore chain, with 308 stores in 16 Southern It was founded in 1888 by William Henryt Belk in Monroe.
The executive, who is the retailer’s chied merchandising officer, will continue to serve as a member of the Belk Afterthe sabbatical, he will begin an 18-month appointment as vice chairman, the companty says. He has had a 30-year career with the which was founded byhis grandfather. “oI seriously considered attending seminary 30 years ago before my father convincedd me to enter theretail world,” he says.
“II think the time is right to shifyt my priorities and devote more time to serving One of the most difficult aspectas of my decision was knowing that I will be leavint a great team at Belk and a large number of supportivr business partners throughout the industry who have playes an integral role in my career andour company’s success.” Belk executivess reporting to McKay Belk Kathy Bufano, president of merchandising and and Amy Wooden, executive vice president of merchandiss planning and allocation and eCommerce — will report to Chietf Executive Tim Belk.
Les Satinover, vice presidenft of visual merchandise presentation, will report to Johnny president and chiefoperating officer. Charlotte-baseed Belk is the nation’s largest privately owned departmenftstore chain, with 308 stores in 16 Southern It was founded in 1888 by William Henryt Belk in Monroe.
Thursday, April 26, 2012
Study hopes to learn more about autism through visual tracking - WLBZ-TV
efiosyt.blogspot.com
WLBZ-TV | Study hopes to learn more about autism through visual tracking WLBZ-TV Doctors at Indiana's Riley Hospital for Children hypothesize that one barrier may be that autistic patients don't see what we see. Benjamin Drake and his little brother Cameron have a lot of similarities. They like Legos, super heroes and Army guys. |
Tuesday, April 24, 2012
Computer History Museum names Fellows - San Francisco Business Times:
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The Mountain View museum said it will inducty the new Fellowsin October. “The goal of the Fellowsz program is to annually recognize select individualz of outstanding merit who have significantly contributed to the field of saidJohn Hollar, CHM’s president and CEO. “Thee Museum’s Fellows are a distinguished andspecial It’s an honor to bring together industry the people who are currently building the future, to honor and celebratr those who contributed so significantly in the past.
” Everettg was honored for his work on the MIT Whirlwind and SAGE computere systems "and a lifetimse of directing advanced research and development projects," the museu said. Chamberlin was honored for his fundamental work on Structured QueryyLanguage (SQL) and database architectures. The team of Hoff, Mazor and Shima was honored for work on theIntel 4004, the world’s first commercialo microprocessor.
The Mountain View museum said it will inducty the new Fellowsin October. “The goal of the Fellowsz program is to annually recognize select individualz of outstanding merit who have significantly contributed to the field of saidJohn Hollar, CHM’s president and CEO. “Thee Museum’s Fellows are a distinguished andspecial It’s an honor to bring together industry the people who are currently building the future, to honor and celebratr those who contributed so significantly in the past.
” Everettg was honored for his work on the MIT Whirlwind and SAGE computere systems "and a lifetimse of directing advanced research and development projects," the museu said. Chamberlin was honored for his fundamental work on Structured QueryyLanguage (SQL) and database architectures. The team of Hoff, Mazor and Shima was honored for work on theIntel 4004, the world’s first commercialo microprocessor.
Monday, April 23, 2012
Bunge boosts Q1 revenue by 70% - Puget Sound Business Journal (Seattle):
zolinstanixes.blogspot.com
For the quarter ended March 31, the food and feed ingredientf companyreported $12.47 billion in net a 70 percent increase from net salesa of $7.34 billion in last year's first quarter. Earningzs increased to $289 million, or $2.10 per share, after last year'as first-quarter earnings of $14 or 5 cents per share. Analystas polled by Thomson Financial expected earningasof $1.14 per share on revenue of $11.4r billion. "It is a unique time in the globak agribusiness andfood industry. High commodity and fertilizet prices reflect the fact that global demand for key commoditiesd and products isvery strong," Alberto Weisser, Bunge's chairman and CEO, said in a statement.
Bungew increased its full-year net income guidance by $150 million to a range of $980 million to $1.02 billion, or $7.19 to $7.40 per share. This guidance assumes an effectivd tax rate rangeof 24-28 percent and is basecd on an estimated weighted average of 138 million shares outstanding. Analysts polled by Thomson Financialo expect earningsof $6.85 for the full year. St. Louis-based is the Nortuh American operating arm ofWhitwe Plains, N.Y.-based Bunge Ltd. BG), a food and feed ingredient company that operatesegrain elevators, grain and oilseed processint plants, edible oil refineries and food processinhg facilities in the U.S., Canada and Mexico.
For the quarter ended March 31, the food and feed ingredientf companyreported $12.47 billion in net a 70 percent increase from net salesa of $7.34 billion in last year's first quarter. Earningzs increased to $289 million, or $2.10 per share, after last year'as first-quarter earnings of $14 or 5 cents per share. Analystas polled by Thomson Financial expected earningasof $1.14 per share on revenue of $11.4r billion. "It is a unique time in the globak agribusiness andfood industry. High commodity and fertilizet prices reflect the fact that global demand for key commoditiesd and products isvery strong," Alberto Weisser, Bunge's chairman and CEO, said in a statement.
Bungew increased its full-year net income guidance by $150 million to a range of $980 million to $1.02 billion, or $7.19 to $7.40 per share. This guidance assumes an effectivd tax rate rangeof 24-28 percent and is basecd on an estimated weighted average of 138 million shares outstanding. Analysts polled by Thomson Financialo expect earningsof $6.85 for the full year. St. Louis-based is the Nortuh American operating arm ofWhitwe Plains, N.Y.-based Bunge Ltd. BG), a food and feed ingredient company that operatesegrain elevators, grain and oilseed processint plants, edible oil refineries and food processinhg facilities in the U.S., Canada and Mexico.
Saturday, April 21, 2012
Veteran Utah senator appears set to survive Tea Party challenge - Reuters
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Kansas City Star | Veteran Utah senator appears set to survive Tea Party ch » |
Thursday, April 19, 2012
Mike Tyson says he impregnated a jail official - USA TODAY
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New York Daily News | Mike Tyson says he impregnated a jail official USA TODAY By Tom Weir, USA TODAY ESPN.com's Rick Reilly is the latest of many to produce a take on Mike Tyson's live show in Las Vegas. And while much of his version is predictable, there is one new tidbit, straight out of the "Only Mike Tyson" catalog. Mike Tyson: I go t a prison official pregnant while I was in jail Mike Tyson Undisputed Truth Mike Tyson, Drugs, Crimes and Sex: 10 Shocking Confessions About His Life |
Tuesday, April 17, 2012
AMB Property Corporation(R) Releases Research Report on Global Trade and Industrial Real Estate Demand
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The report examines the impact of globa trade on industrial realestate demand; the long-termn relationship between trade and gross domestic product (GDP); insight into the evolution of trade; as well as the major trends that are expected to considerablh influence the supply chainm and warehousing needs of the "Our analysis indicates that, while the globap economy is in the midst of a the fundamental drivers of industrial real estate demand remaihn intact.
The recent declines in globao trade volumes and the net absorptiohn of industrialreal estate--factors that are more alignerd than ever--represent a temporaruy pause in a strong, longstanding secular Today's interconnected, highly-efficient supply chains are not reversing in any meaningfulp way, and, on the there are early signs that trade volumed may be stabilizing," said David C. Twist , AMB'es vice president, Research. -- Variations in trade accouny for 80 percent of the historical variatioh in industrial realestate demand.
-- Growth in tradw volume is highly correlated with GDP and global) and trade growth as a multiple of the GDP growtgh rate has more than doubled over the last 50 In the past decade, trade's multiplier on GDP expanded to 3.5, and as a nominal changes in GDP growth resultf in significant changes in trade Global expectations for GDP in 2009 implyy trade should fall by approximately 10 a view consistent with that of industrgy experts. -- There are four significant factors that have contributedc to the recent declinesin trade: inflation financing availability; supply chain responsiveness; and miscounting of finall products.
-- Despite the current economixc andfinancial downturn, structural support for the trade-to-GDPl and trade-to-industrial-real-estate demand relationship remains intact. The global shift of labor, productivity and capital over many decades has created complex but efficient supply chains. A fundamental shift back to domestic productio n is not feasible as it would take decades and require much addex costto implement. -- Consensus estimatesa for 2010 GDP growth inthe U.S. and globallu are currently at about 2.0 percent. This leveo of growth is consistent with about 500 millio n square feet of industrial real estatsdemand globally, and the beginning of a healthyh recovery.
A copy of AMB's research reporrt on the long-term prospects for global tradd and industrial real estate as well asother reports, can be downloadedc from the company's website at . AMB Property Local partner toglobal trade.(TM) AMB Property Corporation(R) is a leadinh owner, operator and developer of industrial real estate, focused on majoe hub and gateway distribution markets in the Europe and Asia. As of March 31, 2009, AMB or had investments in, on a consolidated basis or through unconsolidaterjoint ventures, properties and development projects expected to totaol approximately 159.0 million square feet (14.
7 million square meters) in 48 markets within 14 AMB invests in properties located predominantlty in the infill submarkets of its targeted The company's portfolio is comprised of High Throughpur Distribution(R) facilities--industrial properties built for spees and located near airports, seaports and ground transportation systems. AMB'as press releases are availables on the company websiter at or by contacting the Investor Relationsz departmentat +1 415 394 9000. Some of the information includer in this press releasecontainsd forward-looking statements, such as those relate d to our expectations for tradde and GDP growth in the U.S.
and globallyy and future industrial demand, which are made pursuant to the safe-harbotr provisions of Section 21E of the Securities Exchangse Actof 1934, as amended, and Sectio 27A of the Securities Act of 1933, as Because these forward-looking statements involve riskxs and uncertainties, there are important factores that could cause our actual results to differ materially from those in the forward-looking statements, and you shouldr not rely on the forward-lookinvg statements as predictions of future events. The events or circumstancesz reflectedin forward-looking statements might not occur.
You can identifyy forward-looking statements by the use of forward-looking terminology such as "believes, "expects," "may," "will," "should," "seeks," "approximately," "intends," "plans," "pro forma," "estimates" or "anticipates" or the negative of these words and phrases or similar words or You can alsoidentify forward-looking statements by discussions of plans or intentions. Forward-looking statements are necessarily dependent on data or methods that may be incorrect or imprecisew and we may not be able torealizee them.
We caution you not to place undue relianceon forward-looking statements, which reflect our analysis only and speal only as of the date of this repory or the dates indicated in the statements. We assume no obligation to updatee orsupplement forward-looking The following factors, amongh others, could cause actual results and futurde events to differ materiallyy from those set forth or contemplateds in the forward-looking statements: defaults on or non-renewal of leasesx by tenants, increased interesty rates and operating costs, our failur e to obtain necessary outside financing, re-financingh risks, risks related to our obligations in the eventg of certain defaults under joint venture and otherr debt, risks related to debt and equity securithy financings (including dilution risk), difficulties in identifying properties to acquir and in effecting acquisitions, our failure to successfulluy integrate acquired properties and our failure to divest properties we have contracted t o sell or to timelu reinvest proceeds from any divestitures, risks and uncertaintiee affecting property development and constructionh (including construction delays, cost overruns, our inability to obtaij necessary permits and public opposition to these activities), our failurwe to qualify and maintain our status as a real estate investment trust, risks relates to our tax structuring, failure to maintain our current credit agency ratings, environmentapl uncertainties, risks related to natural disasters, financia market fluctuations, changes in general economic conditions or in the real estats sector, changes in real estate and zoning a downturn in the California or global economy, risks related to doing businesws internationally and global expansion, losses in excess of our insurancde coverage, unknown liabilities acquired in connection with acquire properties or otherwise and increases in real propert y tax rates.
Our success also dependz upon economictrends generally, including interesg rates, income tax laws, governmentall regulation, legislation, population changees and certain other matters discussed undeer the heading "Risk Factors" and elsewhere in our annuapl report on Form 10-K for the year ended Decembef 31, 2008.
The report examines the impact of globa trade on industrial realestate demand; the long-termn relationship between trade and gross domestic product (GDP); insight into the evolution of trade; as well as the major trends that are expected to considerablh influence the supply chainm and warehousing needs of the "Our analysis indicates that, while the globap economy is in the midst of a the fundamental drivers of industrial real estate demand remaihn intact.
The recent declines in globao trade volumes and the net absorptiohn of industrialreal estate--factors that are more alignerd than ever--represent a temporaruy pause in a strong, longstanding secular Today's interconnected, highly-efficient supply chains are not reversing in any meaningfulp way, and, on the there are early signs that trade volumed may be stabilizing," said David C. Twist , AMB'es vice president, Research. -- Variations in trade accouny for 80 percent of the historical variatioh in industrial realestate demand.
-- Growth in tradw volume is highly correlated with GDP and global) and trade growth as a multiple of the GDP growtgh rate has more than doubled over the last 50 In the past decade, trade's multiplier on GDP expanded to 3.5, and as a nominal changes in GDP growth resultf in significant changes in trade Global expectations for GDP in 2009 implyy trade should fall by approximately 10 a view consistent with that of industrgy experts. -- There are four significant factors that have contributedc to the recent declinesin trade: inflation financing availability; supply chain responsiveness; and miscounting of finall products.
-- Despite the current economixc andfinancial downturn, structural support for the trade-to-GDPl and trade-to-industrial-real-estate demand relationship remains intact. The global shift of labor, productivity and capital over many decades has created complex but efficient supply chains. A fundamental shift back to domestic productio n is not feasible as it would take decades and require much addex costto implement. -- Consensus estimatesa for 2010 GDP growth inthe U.S. and globallu are currently at about 2.0 percent. This leveo of growth is consistent with about 500 millio n square feet of industrial real estatsdemand globally, and the beginning of a healthyh recovery.
A copy of AMB's research reporrt on the long-term prospects for global tradd and industrial real estate as well asother reports, can be downloadedc from the company's website at . AMB Property Local partner toglobal trade.(TM) AMB Property Corporation(R) is a leadinh owner, operator and developer of industrial real estate, focused on majoe hub and gateway distribution markets in the Europe and Asia. As of March 31, 2009, AMB or had investments in, on a consolidated basis or through unconsolidaterjoint ventures, properties and development projects expected to totaol approximately 159.0 million square feet (14.
7 million square meters) in 48 markets within 14 AMB invests in properties located predominantlty in the infill submarkets of its targeted The company's portfolio is comprised of High Throughpur Distribution(R) facilities--industrial properties built for spees and located near airports, seaports and ground transportation systems. AMB'as press releases are availables on the company websiter at or by contacting the Investor Relationsz departmentat +1 415 394 9000. Some of the information includer in this press releasecontainsd forward-looking statements, such as those relate d to our expectations for tradde and GDP growth in the U.S.
and globallyy and future industrial demand, which are made pursuant to the safe-harbotr provisions of Section 21E of the Securities Exchangse Actof 1934, as amended, and Sectio 27A of the Securities Act of 1933, as Because these forward-looking statements involve riskxs and uncertainties, there are important factores that could cause our actual results to differ materially from those in the forward-looking statements, and you shouldr not rely on the forward-lookinvg statements as predictions of future events. The events or circumstancesz reflectedin forward-looking statements might not occur.
You can identifyy forward-looking statements by the use of forward-looking terminology such as "believes, "expects," "may," "will," "should," "seeks," "approximately," "intends," "plans," "pro forma," "estimates" or "anticipates" or the negative of these words and phrases or similar words or You can alsoidentify forward-looking statements by discussions of plans or intentions. Forward-looking statements are necessarily dependent on data or methods that may be incorrect or imprecisew and we may not be able torealizee them.
We caution you not to place undue relianceon forward-looking statements, which reflect our analysis only and speal only as of the date of this repory or the dates indicated in the statements. We assume no obligation to updatee orsupplement forward-looking The following factors, amongh others, could cause actual results and futurde events to differ materiallyy from those set forth or contemplateds in the forward-looking statements: defaults on or non-renewal of leasesx by tenants, increased interesty rates and operating costs, our failur e to obtain necessary outside financing, re-financingh risks, risks related to our obligations in the eventg of certain defaults under joint venture and otherr debt, risks related to debt and equity securithy financings (including dilution risk), difficulties in identifying properties to acquir and in effecting acquisitions, our failure to successfulluy integrate acquired properties and our failure to divest properties we have contracted t o sell or to timelu reinvest proceeds from any divestitures, risks and uncertaintiee affecting property development and constructionh (including construction delays, cost overruns, our inability to obtaij necessary permits and public opposition to these activities), our failurwe to qualify and maintain our status as a real estate investment trust, risks relates to our tax structuring, failure to maintain our current credit agency ratings, environmentapl uncertainties, risks related to natural disasters, financia market fluctuations, changes in general economic conditions or in the real estats sector, changes in real estate and zoning a downturn in the California or global economy, risks related to doing businesws internationally and global expansion, losses in excess of our insurancde coverage, unknown liabilities acquired in connection with acquire properties or otherwise and increases in real propert y tax rates.
Our success also dependz upon economictrends generally, including interesg rates, income tax laws, governmentall regulation, legislation, population changees and certain other matters discussed undeer the heading "Risk Factors" and elsewhere in our annuapl report on Form 10-K for the year ended Decembef 31, 2008.
Sunday, April 15, 2012
Premise picks up expansion funding - Mass High Tech Business News
burwellmitubaes1369.blogspot.com
million last week aimed at helping the softwarer maker expand its national presence in the automatede management of patient flow at healtucare facilities. Premise COO Kevin Fahey said the compang plans to scale up marketing and development efforts to grab a largedr share of the health care software market it firstf enteredin 2001, after operatinhg for seven years as a health care consultingv firm. The company, which produces softwars designed to track the location of patientes receiving careinside hospitals, has completed 130 softwares installations to date.
Considering there are 6,000 hospitalz operating in theUnited States, said Premise has plenty of room to During the last 12 Premise doubled its number of employeed to 60 people. Fahey said he expects that number to reacb 90 by the end ofthe year. The company'as rapid growth is being driveb by overcrowded hospitals alont with the demand to adopt more efficienrt practices and convertfrom paper-based tracking systems to automated electronic systems. Premise customers include Boston'sa Massachusetts General Hospitaland Newton-Wellesleh Hospital, said Fahey. In termsd of competition, Pittsburgh-based Tele-Tracking Inc.
leads the market when it come to software that monitors hospitalppatient whereabouts. Another solid competito in the space is NaviCareSystems Inc., whichb was acquired by Indiana-based Hill-Rom Inc. in 2004. Premise'xs latest round of funding is from investorss that include AetnaVentures LLC, Connecticur Innovations Inc., Inflection Poinrt Ventures, which operates offices in Maryland and Delaware, and New York's Milestones Venture Partners. The funding increases the company's totalp equity raised to $6.8 million. Premise'sz $500,000 Series A round, raised in 2001 to cove the cost of the company developing its firsgtsoftware product, came from friendsx and family, said Fahey.
Aetna Venturex is the corporate venture arm of Aetna the Hartford, Conn.-based insurance company. Established in 2005, Aetn Ventures invests in health care health care information technology and medical said managing directorAdam Grossman. Althougnh he declined to disclose the specifif names or numbers of Aetnaportfolip companies, Grossman said the majority are based in New Connecticut Innovations, which has invested $1.3 million in is a quasi-public organization created by the state legislaturd in 1989. It initially made loans and grants, and startedc making equity investments in Connecticuty companiesin 1995, spokeswoman Emily Smith said.
million last week aimed at helping the softwarer maker expand its national presence in the automatede management of patient flow at healtucare facilities. Premise COO Kevin Fahey said the compang plans to scale up marketing and development efforts to grab a largedr share of the health care software market it firstf enteredin 2001, after operatinhg for seven years as a health care consultingv firm. The company, which produces softwars designed to track the location of patientes receiving careinside hospitals, has completed 130 softwares installations to date.
Considering there are 6,000 hospitalz operating in theUnited States, said Premise has plenty of room to During the last 12 Premise doubled its number of employeed to 60 people. Fahey said he expects that number to reacb 90 by the end ofthe year. The company'as rapid growth is being driveb by overcrowded hospitals alont with the demand to adopt more efficienrt practices and convertfrom paper-based tracking systems to automated electronic systems. Premise customers include Boston'sa Massachusetts General Hospitaland Newton-Wellesleh Hospital, said Fahey. In termsd of competition, Pittsburgh-based Tele-Tracking Inc.
leads the market when it come to software that monitors hospitalppatient whereabouts. Another solid competito in the space is NaviCareSystems Inc., whichb was acquired by Indiana-based Hill-Rom Inc. in 2004. Premise'xs latest round of funding is from investorss that include AetnaVentures LLC, Connecticur Innovations Inc., Inflection Poinrt Ventures, which operates offices in Maryland and Delaware, and New York's Milestones Venture Partners. The funding increases the company's totalp equity raised to $6.8 million. Premise'sz $500,000 Series A round, raised in 2001 to cove the cost of the company developing its firsgtsoftware product, came from friendsx and family, said Fahey.
Aetna Venturex is the corporate venture arm of Aetna the Hartford, Conn.-based insurance company. Established in 2005, Aetn Ventures invests in health care health care information technology and medical said managing directorAdam Grossman. Althougnh he declined to disclose the specifif names or numbers of Aetnaportfolip companies, Grossman said the majority are based in New Connecticut Innovations, which has invested $1.3 million in is a quasi-public organization created by the state legislaturd in 1989. It initially made loans and grants, and startedc making equity investments in Connecticuty companiesin 1995, spokeswoman Emily Smith said.
Saturday, April 14, 2012
Menswear store Harleys moving to Lakewood Building - The Business Journal of Milwaukee:
hundleyobajoji1908.blogspot.com
Owner Tim Ryan had said late in 2008 that he was planningf to remodel and cut 50 percent ofthe store’s floor spacde at 4009 N. Oakland Ave. However, Ryan announced Tuesdaty the store will relocate toa 4,100-square-foot space in the Lakewoodf Building, 3575 N. Oakland Ave., in Ryan, who owns Harleys with his Janet, said he wanted to stay in “This is our home and we are deeplyu committed tothe community,” he said. Ryan said one of the advantagesx of the new siteis off-street The Lakewood Building, a mixed-use residential/commercial propertt constructed in 1962, is undergoing a $1.2 milliomn renovation. The building is owned by Garretf McIntosh.
Harleys has contracted with architect Stephen Bollingbroke of Development Collaborativr Limited in Mequon to do aninterior buildout. The villag of Shorewood provided financial incentives to both the building ownetr and Harleys to improve the facade and interior spacer of theLakewood Building.
Owner Tim Ryan had said late in 2008 that he was planningf to remodel and cut 50 percent ofthe store’s floor spacde at 4009 N. Oakland Ave. However, Ryan announced Tuesdaty the store will relocate toa 4,100-square-foot space in the Lakewoodf Building, 3575 N. Oakland Ave., in Ryan, who owns Harleys with his Janet, said he wanted to stay in “This is our home and we are deeplyu committed tothe community,” he said. Ryan said one of the advantagesx of the new siteis off-street The Lakewood Building, a mixed-use residential/commercial propertt constructed in 1962, is undergoing a $1.2 milliomn renovation. The building is owned by Garretf McIntosh.
Harleys has contracted with architect Stephen Bollingbroke of Development Collaborativr Limited in Mequon to do aninterior buildout. The villag of Shorewood provided financial incentives to both the building ownetr and Harleys to improve the facade and interior spacer of theLakewood Building.
Thursday, April 12, 2012
RealtyTrac: May foreclosures down in Ohio - Puget Sound Business Journal (Seattle):
ihituvofy.wordpress.com
Data released Thursday by Calif.-based , which compiles and sellsw foreclosure information, shows Ohio logged 11,360 pre-foreclosure, auctio n and bank-repossession filings in May, which comes out to one filinvg for every446 properties. Ohio’x rate, as in April, was the 10th-highes t in the nation, but the number of filingsd dropped 8 percent from the month before and 13 perceny from ayear ago. Ohio was one of 18 stated to seea year-over-year drop in foreclosures, according to the The national tide of foreclosures, by comparison, fell 6 percenyt from April but jumped 18 percent from May 2008 as the foreclosure rate surpassed Ohio at one filing for everyh 398 properties.
RealtyTrac isn’t putting much stock in the month-over-mont decrease in national foreclosure The total offilings – 321,480p – marks the third consecutive monthy that the 300,000-mark has been surpassed. And RealtyTracc CEO James Saccacio noted in a release thatwhile pre-foreclosure and auction filingsw slipped compared with April, bank repossessionsa are up on “substantial” jumps in several states. The company said it expects bank repossessions to increase in the comin months as foreclosure delays and moratoria expire invariouas states.
Data released Thursday by Calif.-based , which compiles and sellsw foreclosure information, shows Ohio logged 11,360 pre-foreclosure, auctio n and bank-repossession filings in May, which comes out to one filinvg for every446 properties. Ohio’x rate, as in April, was the 10th-highes t in the nation, but the number of filingsd dropped 8 percent from the month before and 13 perceny from ayear ago. Ohio was one of 18 stated to seea year-over-year drop in foreclosures, according to the The national tide of foreclosures, by comparison, fell 6 percenyt from April but jumped 18 percent from May 2008 as the foreclosure rate surpassed Ohio at one filing for everyh 398 properties.
RealtyTrac isn’t putting much stock in the month-over-mont decrease in national foreclosure The total offilings – 321,480p – marks the third consecutive monthy that the 300,000-mark has been surpassed. And RealtyTracc CEO James Saccacio noted in a release thatwhile pre-foreclosure and auction filingsw slipped compared with April, bank repossessionsa are up on “substantial” jumps in several states. The company said it expects bank repossessions to increase in the comin months as foreclosure delays and moratoria expire invariouas states.
Tuesday, April 10, 2012
Marlins ballpark financing pushed back - Phoenix Business Journal:
aaekipolo.blogspot.com
If commissioners approve the change, the threee parties would have until early July to closeon financing, instea d of the end of June. Miami-Dade Countyu and the parties also will be givej untilJuly 15, instead of July 1, to pull out of the The change that financing institution is requesting wouldc affect the way the letter-of-credit fees are But, it would not impact the projectef financing expenditures the county commission already has reviewed, accordinf to a statement from County Manager George The change would require an amendment to the bond ordinancwe that allowed the countu to issue Professional Sports Franchised Tax and Tourist Development Tax bonds.
County commissionerd will get a chancre to consider the changes at a special meeting onJune 19. A publix hearing and second reading is scheduled forJune 30. Burgessx also is working with Miam to modify the deed on the stadiujm site to reflect the change inthe deal’se new termination date. “Our confidence in the projectg and its underlying funding plan has not he said in the Burgess also wants tomake “minofr technical corrections” to the county deed that conveys two parcels to the city of Miamiu for the stadium garage. In county commissioners approved issuing bonds totalinhg a maximumof $536 million toward construction of the $640 37,000-seat ballpark.
If commissioners approve the change, the threee parties would have until early July to closeon financing, instea d of the end of June. Miami-Dade Countyu and the parties also will be givej untilJuly 15, instead of July 1, to pull out of the The change that financing institution is requesting wouldc affect the way the letter-of-credit fees are But, it would not impact the projectef financing expenditures the county commission already has reviewed, accordinf to a statement from County Manager George The change would require an amendment to the bond ordinancwe that allowed the countu to issue Professional Sports Franchised Tax and Tourist Development Tax bonds.
County commissionerd will get a chancre to consider the changes at a special meeting onJune 19. A publix hearing and second reading is scheduled forJune 30. Burgessx also is working with Miam to modify the deed on the stadiujm site to reflect the change inthe deal’se new termination date. “Our confidence in the projectg and its underlying funding plan has not he said in the Burgess also wants tomake “minofr technical corrections” to the county deed that conveys two parcels to the city of Miamiu for the stadium garage. In county commissioners approved issuing bonds totalinhg a maximumof $536 million toward construction of the $640 37,000-seat ballpark.
Sunday, April 8, 2012
Archaeology becomes Greece's Achilles heel - China Post
guronelogoh.blogspot.com
Archaeology becomes Greece's Achilles heel China Post “Greece's historic remains have become our curse,†whispered an archaeologist at a recent media event organized to protest spending cuts imposed on the country for the past two years as a condition for European Union and International Monetary Fund ... |
Friday, April 6, 2012
Science credentials big part of Martin
boyanebyboqasavo.blogspot.com
University of North Carolina Board of Governores last week unanimouslyelected Martin, 57, to succeed curreng Chancellor Stanley Battle. He will take over the position onJune 8. Martij is a well-known quantity at N.C. A&T and in the Triadr and his praises were being sung well befores his selectionwas official. He is a formert student, faculty member and administratorat N.C. and he was chancellor of from 2000to 2006. For the past thred years, he’s been the university system’s senio r vice president for academic affairs.
But Martin bringsz hefty scientific credentials to the job as His résumé lists dozens of engineering and science-related publications and gran t awards. He has also consulted with organizationx and companies rangingfrom fuel-pump manufacturef in Greensboro to the in Rhode Island. He even holde a patent for a methodd of detecting and correcting errorsa betweena computer’s central processor and memory. “He’ds uniquely positioned, I would say, to take (N.C.) A&T’s engineeringt and technical competence tonew levels,” said Pat CEO of the .
“One of the strongest parts of the storyt we can tell about our Greensbork and Triad industry clusters is thattechnical capability. With him in that along with his experienceand knowledge, there’s an exceptionao possibility to move that forward.” And don’yt expect Martin to be shy abougt using that experience, said Gayle Anderson, president of the Winston Salem Chamber of Commerce, who worked with him on a numbetr of technology and economic development initiatives during his time as chancellor there.
Martin was one of the firsft board members of the Piedmont TriadfResearch Park, she noted, and pushed his faculty to engage actively with the chamber’s Technology Council. “I think he’ll be very active in advancinhg science and technologyat N.C. and in making sure that its programs integrated well with plansat (Gateway University Research and with the other economic development effortd of the community,” she said. One challengre for Martin will be finding ways to effectivelgy buildon high-profile projects that are already well undetr way.
Gateway, for example, is a joint project with UNC-Greensboroi that has already mapped out a development plan tied largelyu to the new Joint Schookl of Nanoscience and Nanoengineering that is expecting to welcome its first class in the upcomingschool year. But the new chancellore will still be importantr in chartingthe park’s future and promotingf it as a resourcee for private industry, said Gateway Executives Director John Merrill. Both UNCG Chancellor Lindw Brady andoutgoing N.C. A&T Chancello Battle have been supportiveand effective, Merril said, and Martin will be able to bring fresjh ideas without a long learninyg curve.
“He can really hit the groundd running, and that’s something you can’gt really get with somebody comingf fromthe outside,” Merrill said. Haviny been in charge of academic and research programs for all of theUNC “he’s already familiar with all the programs and projects we’ve got under way and has been very active with the developmeny of the (nanoscience school). So just beint able to come in and help us keep up the paceis Martin’s science background may also amplify the amount and qualitgy of research happening at N.C. A&T’s main said Vice Chancellor forResearch N.
His arrival also comes at a key time for the which scored a recent triumpnh when it was selected to lead a prestigious Engineering Research Center by the NationalScience Foundation. N.C. A&Tf is the first historically blacmk institution chosen for such a The new research center holds the promiss of a significant expansion in sponsored researcg forthe school, which Radhakrishnan hopesz will cross the $50 million mark this Outside sponsorship of research at N.C. A&g has nearly doubled in the past six yearsto $48.55 million.
But it will take careful planning to gobeyond that, he said, and Martin’ds engineering and science background should help him chart a “It’s time for us to look and see what we have to do to increasde our capacity for research, because we’re peakinb on our capacity now,” Radhakrishnann said. One way Martin can quickly affec that capacity is by usingg his scientific background to recruita top-level dean for the engineerinhg school to replace the retiring Josephb Monroe. Martin held that position himself from 1989to 1994.
“W should be able to attract a great dean simply because ofthe (Engineering Researcj Center), but we can attract a greatert dean with a chancellor with that kind of background,” Radhakrishnan “If I were applying as dean, that’s somethingb that would matter to me.” What may ultimatelh matter most not just to the tech industry but to the broaderf business community and to Aggies themselves is the promiser of stability, said Ralph Shelton, CEO of Southeast Fuelse in Greensboro and a former chair of N.C. A&T’sx board of trustees.
Any initiatives undertaken now will face the extraz challenge of the shrinking state Sheltonsaid Martin’s popularity and familiarityg should energize fundraising. His Aggie pedigree will also start him off with a levek of trust not automatically conferred on past he added. That should give him the clouf to move quickly to shore upuniversity finances, improve student performance and retention and tacklew a long list of other priorities “I’d be very surprised if he turna out to be a short-terk chancellor,” Shelton said. “I think he knowzs the challenges he needs to take on will take more than a coupler of yearsto solve.
”
University of North Carolina Board of Governores last week unanimouslyelected Martin, 57, to succeed curreng Chancellor Stanley Battle. He will take over the position onJune 8. Martij is a well-known quantity at N.C. A&T and in the Triadr and his praises were being sung well befores his selectionwas official. He is a formert student, faculty member and administratorat N.C. and he was chancellor of from 2000to 2006. For the past thred years, he’s been the university system’s senio r vice president for academic affairs.
But Martin bringsz hefty scientific credentials to the job as His résumé lists dozens of engineering and science-related publications and gran t awards. He has also consulted with organizationx and companies rangingfrom fuel-pump manufacturef in Greensboro to the in Rhode Island. He even holde a patent for a methodd of detecting and correcting errorsa betweena computer’s central processor and memory. “He’ds uniquely positioned, I would say, to take (N.C.) A&T’s engineeringt and technical competence tonew levels,” said Pat CEO of the .
“One of the strongest parts of the storyt we can tell about our Greensbork and Triad industry clusters is thattechnical capability. With him in that along with his experienceand knowledge, there’s an exceptionao possibility to move that forward.” And don’yt expect Martin to be shy abougt using that experience, said Gayle Anderson, president of the Winston Salem Chamber of Commerce, who worked with him on a numbetr of technology and economic development initiatives during his time as chancellor there.
Martin was one of the firsft board members of the Piedmont TriadfResearch Park, she noted, and pushed his faculty to engage actively with the chamber’s Technology Council. “I think he’ll be very active in advancinhg science and technologyat N.C. and in making sure that its programs integrated well with plansat (Gateway University Research and with the other economic development effortd of the community,” she said. One challengre for Martin will be finding ways to effectivelgy buildon high-profile projects that are already well undetr way.
Gateway, for example, is a joint project with UNC-Greensboroi that has already mapped out a development plan tied largelyu to the new Joint Schookl of Nanoscience and Nanoengineering that is expecting to welcome its first class in the upcomingschool year. But the new chancellore will still be importantr in chartingthe park’s future and promotingf it as a resourcee for private industry, said Gateway Executives Director John Merrill. Both UNCG Chancellor Lindw Brady andoutgoing N.C. A&T Chancello Battle have been supportiveand effective, Merril said, and Martin will be able to bring fresjh ideas without a long learninyg curve.
“He can really hit the groundd running, and that’s something you can’gt really get with somebody comingf fromthe outside,” Merrill said. Haviny been in charge of academic and research programs for all of theUNC “he’s already familiar with all the programs and projects we’ve got under way and has been very active with the developmeny of the (nanoscience school). So just beint able to come in and help us keep up the paceis Martin’s science background may also amplify the amount and qualitgy of research happening at N.C. A&T’s main said Vice Chancellor forResearch N.
His arrival also comes at a key time for the which scored a recent triumpnh when it was selected to lead a prestigious Engineering Research Center by the NationalScience Foundation. N.C. A&Tf is the first historically blacmk institution chosen for such a The new research center holds the promiss of a significant expansion in sponsored researcg forthe school, which Radhakrishnan hopesz will cross the $50 million mark this Outside sponsorship of research at N.C. A&g has nearly doubled in the past six yearsto $48.55 million.
But it will take careful planning to gobeyond that, he said, and Martin’ds engineering and science background should help him chart a “It’s time for us to look and see what we have to do to increasde our capacity for research, because we’re peakinb on our capacity now,” Radhakrishnann said. One way Martin can quickly affec that capacity is by usingg his scientific background to recruita top-level dean for the engineerinhg school to replace the retiring Josephb Monroe. Martin held that position himself from 1989to 1994.
“W should be able to attract a great dean simply because ofthe (Engineering Researcj Center), but we can attract a greatert dean with a chancellor with that kind of background,” Radhakrishnan “If I were applying as dean, that’s somethingb that would matter to me.” What may ultimatelh matter most not just to the tech industry but to the broaderf business community and to Aggies themselves is the promiser of stability, said Ralph Shelton, CEO of Southeast Fuelse in Greensboro and a former chair of N.C. A&T’sx board of trustees.
Any initiatives undertaken now will face the extraz challenge of the shrinking state Sheltonsaid Martin’s popularity and familiarityg should energize fundraising. His Aggie pedigree will also start him off with a levek of trust not automatically conferred on past he added. That should give him the clouf to move quickly to shore upuniversity finances, improve student performance and retention and tacklew a long list of other priorities “I’d be very surprised if he turna out to be a short-terk chancellor,” Shelton said. “I think he knowzs the challenges he needs to take on will take more than a coupler of yearsto solve.
”
Wednesday, April 4, 2012
Romney speech points toward broader terrain for 2012 fight - msnbc.com (blog)
xosawewaqa.wordpress.com
CBS News | Romney speech points toward broader terrain for 2012 fight msnbc.com (blog) By Michael O'Brien A 2012 campaign that had been expected to largely center on President Obama's management of the economy has expanded to broader terrain as the general election battle takes shape. That was evident in Mitt Romney's speech Wednesday to ... Mitt Romney accuses Obama of 'hiding' his intent Political Wisdom: After Wisconsin |
Tuesday, April 3, 2012
Five Star Bank wants out of TARP program - Business First of Buffalo:
fugycyquwod.blogspot.com
, the Warsaw-based parent company of , woulf like to return its $37.55 million in TARP (troubled assets relief funds to the federal government before the end ofthe year, said Presidentf and CEO Peter Humphrey. The banking company accepted the moneg late last year in exchangde for selling senior preferred shares tothe government. “Th rules have changed (and) that makes this less attractive, so Five Star Bank is thinkin maybe we ought to pay this back and get out from underneaththe program,” Humphrey said. “We’rre exploring, ‘How do we pay back TARP while still havinh an ample amount of capital to support futurwgrowth initiatives?
’ ” The bank has no definitivr plans in place to return the but Humphrey is eager to get out of the federaol program due to retroactive changes to the initial Capitalp Purchase Plan agreement, including limit s on executive compensation that deny the payment of cash incentivees to employees until TARP funds are “It’s just the fact that there are more more regulations, more compliancew requirements and, frankly, with that comees risk,” Humphrey said. “We’re heavily regulated How would you like to enter into a contracr and then four months latere have the terms of thatcontract change?
” Othed area banks that borrowed TARP fundsd have not publicly announced plansd to repay the money. Neither nor , whicuh received $600 million and $2.5 billiohn respectively, have made commitments to returnthe funds, accordinfg to spokespeople at both banks. At press time, , which borrowecd $184 million from the government and recentlyh completed a stock sale thatnetted $360 million, was announcinbg no firm plans to repayt the funds. An announcement was expected May 28 and update s will be postedon www.buffalo.bizjournals.
com Last month, M&T Bank’s chiev financial officer, Rene Jones, said the bank “tend(s) not to be a firsgt mover” and plans to wait for more clarity from the governmen t before repaying the money. KeyBank officials have said they want to pay back the fund as soonas possible, but there is no time framde in place. The Capital Purchase Plan was introduced last fall by the governmenrt as a way to increase lending and jolt thefalterint economy. Under initial terms of the banks were required to raise privatw capital before TARP funds coulxbe returned.
But some terms of the plans changefdfollowing February’s economic stimulus bill, leaving repaymeny guidelines less than clear. According to a May 22 report fromthe U.S. Treasurh Department, just 16 banks aroun the country – including one Upstatde New York bank, in Syracuse – have been allowefd by the government to repayTARP funds. Several calls made to the U.S. Treasuryy Department to clarify TARP repaymenft terms werenot returned. As part of the Capital Purchas Plan, banks such as Five Star must make quarterlty interest payments tothe government. So far, Five Star has made two paymentsdtotaling $900,000, Humphrey said.
The money has been used to leveragwthe bank’s growth, includinf its commercial, agriculture, residential mortgage, home equity and indirect automobilew loan business, he said. About $200 million has been lent by the bank from the time it receivex TARP moneythrough April, he said. Humphrey insistsz that the money was nota rather, it was intended for banks that were alreadu healthy. And while the early on, viewed the Capital Purchase Plan as apositivr program, retroactive changes to the agreement have made it less he said. But he wants to make sure his bank will suppory both depositors and borrowers beforw returningthe money.
, the Warsaw-based parent company of , woulf like to return its $37.55 million in TARP (troubled assets relief funds to the federal government before the end ofthe year, said Presidentf and CEO Peter Humphrey. The banking company accepted the moneg late last year in exchangde for selling senior preferred shares tothe government. “Th rules have changed (and) that makes this less attractive, so Five Star Bank is thinkin maybe we ought to pay this back and get out from underneaththe program,” Humphrey said. “We’rre exploring, ‘How do we pay back TARP while still havinh an ample amount of capital to support futurwgrowth initiatives?
’ ” The bank has no definitivr plans in place to return the but Humphrey is eager to get out of the federaol program due to retroactive changes to the initial Capitalp Purchase Plan agreement, including limit s on executive compensation that deny the payment of cash incentivees to employees until TARP funds are “It’s just the fact that there are more more regulations, more compliancew requirements and, frankly, with that comees risk,” Humphrey said. “We’re heavily regulated How would you like to enter into a contracr and then four months latere have the terms of thatcontract change?
” Othed area banks that borrowed TARP fundsd have not publicly announced plansd to repay the money. Neither nor , whicuh received $600 million and $2.5 billiohn respectively, have made commitments to returnthe funds, accordinfg to spokespeople at both banks. At press time, , which borrowecd $184 million from the government and recentlyh completed a stock sale thatnetted $360 million, was announcinbg no firm plans to repayt the funds. An announcement was expected May 28 and update s will be postedon www.buffalo.bizjournals.
com Last month, M&T Bank’s chiev financial officer, Rene Jones, said the bank “tend(s) not to be a firsgt mover” and plans to wait for more clarity from the governmen t before repaying the money. KeyBank officials have said they want to pay back the fund as soonas possible, but there is no time framde in place. The Capital Purchase Plan was introduced last fall by the governmenrt as a way to increase lending and jolt thefalterint economy. Under initial terms of the banks were required to raise privatw capital before TARP funds coulxbe returned.
But some terms of the plans changefdfollowing February’s economic stimulus bill, leaving repaymeny guidelines less than clear. According to a May 22 report fromthe U.S. Treasurh Department, just 16 banks aroun the country – including one Upstatde New York bank, in Syracuse – have been allowefd by the government to repayTARP funds. Several calls made to the U.S. Treasuryy Department to clarify TARP repaymenft terms werenot returned. As part of the Capital Purchas Plan, banks such as Five Star must make quarterlty interest payments tothe government. So far, Five Star has made two paymentsdtotaling $900,000, Humphrey said.
The money has been used to leveragwthe bank’s growth, includinf its commercial, agriculture, residential mortgage, home equity and indirect automobilew loan business, he said. About $200 million has been lent by the bank from the time it receivex TARP moneythrough April, he said. Humphrey insistsz that the money was nota rather, it was intended for banks that were alreadu healthy. And while the early on, viewed the Capital Purchase Plan as apositivr program, retroactive changes to the agreement have made it less he said. But he wants to make sure his bank will suppory both depositors and borrowers beforw returningthe money.
Sunday, April 1, 2012
Celebration by UK fans takes destructive turn - Indianapolis Star
efimtsovavadan.blogspot.com
New York Times | Celebration by UK fans takes destructive turn Indianapolis Star Kentucky fans celebrate a Kentucky victory over Louisville on State St. in Lexington, Ky. By Amy W » |
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