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a software developer that helps businesses measure and manageworkforce productivity, has raised $15 The company is a reincarnation of Atlanta-based Workbits — created after Canadian seriakl entrepreneur David Ossip boughyt Workbits’ assets in May. Workbits foundef John Orr approached Ossip after being unable toraise follow-o financing for his startup. Dayforce, which employs abouft 30 and is headquartered in Atlant aand Toronto, targets the retail, manufacturing, health-care and financiao services industries. Those sectors have a high volumed of hourlyworkers — the variable part of a operating expenses, said Orr, now Dayforce’sd chief strategy officer.
“Typically, 60 percent of theier [operating expense] is labor spend,” Orr said. Dayforce’ds software suite, which includes budgeting, task management and time andattendancee modules, helps do more with their workforce. “Thed software helps define performance measures for the workforce andautomates planning, scheduling and trackinhg of employees,” Ossip said. “The end goal is to increasd workforce output, while keeping percentage wage costsin Dayforce’s software, Orr said, can boost custometr revenue by 0.5 percent to 3 percent and can decreasre average annual labor cost by 3 percent to 8 percent.
The cost of the subscriptionn depends on the size of thebusinesds — from $2 to $9 per employee, per Ossip led Dayforce’s $15 million round and was joined by investors in his previous companies, including , which was acquire by Alpharetta-based for $227 million in 2007. The Canadian however, brought more than dollars to the table. “Ossipp knows the industry,” Orr said, and “haas a proven track record of buildinvg successful companies and Ossip has ambitious plans forDayforce — including launching a domestic and global Dayforce is chasing a $14 billion market in the United Ossip said, adding he plana to sell into Europe and Asia.
“Our types of solutions extend beyondNorth America,” Ossip said. “It’s a globao problem.” Michael Price, general partneer at CEO Ventures, was impressed with “The product was beautiful,” Price said. “The graphic design, the thought and attention to themenus ... it was some of the best I’ves ever seen.” Companies in the performancer management space are doing well and revenue isholdingy up, Price said. That success has drawbn an influx ofnew competitors. “Within the next year, a lot of the softwares programs being built will be comin online with a lot of salex people swingingfor revenue,” Pric e said.
“Certainly competition within that spacer is going toincrease dramatically,” which could hurt profits.
Wednesday, October 31, 2012
Monday, October 29, 2012
Le club Football club d'Auvers crée son site Internet ! - Footeo Pro
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Le club Football club d'Auvers crée son site Internet ! Footeo Pro Aucun commentaire. Le club Football club d'Auvers est fier de vous accueillir sur son nouveau site officiel. Ce véritable outil professionnel a été créé avec footeo et va nous permettre de communiquer avec les équipes, les joueurs, les dirigeants, les ... |
Sunday, October 28, 2012
BT Said to Cut Sales Forecast After Weaker Europe Performance - Bloomberg
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BT Said to Cut Sales Forecast After Weaker Europe Performance Bloomberg Underlying sales, which exclude low-margin traffic BT is required by regulators to carry, will drop about 4.5 percent for the year ended March 2013 to 18.5 billion pounds ($29.8 billion), according to analysts surveyed by Bloomberg. The company's ... |
Saturday, October 27, 2012
Munich buyer sets sights on One Winthrop Square - Boston Business Journal:
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Two sources familiar with the deal said has been selected as a If building owner reaches a dealwith GLL, One Winthropl would be the first building to sell in downtowb Boston this year. RREEF declined to as did EdwardMaher Jr. of , whosew company is selling the assetfor RREEF. GLL’s bid is abouty $20 million, sources “They are a logical buyer,” said Lisa head of the investmentg sales teamat , which is not involver in the transaction. “They have money to buy in A callto GLL’s spokesmanb was not immediately returned. GLL made its entru into the Boston market when it purchase d 200State St.
for $167 million last September and then followedx up with 70Franklin St. in October for $36 It’s hard to put value on commercial property when no propertuis selling, so real estate investors have been following the sale of the 114,000-square-foo t One Winthrop since one of the world’s largesyt real estate investment advisers, put the propertyt on the market for sale in Trophy assets stopped selling long ago with a few exceptions, such as the 50 percenf stake in One Beacon that German insurer purchased earlier this year from LLC. The deal was in the makinf for several months before closing in Januartyfor $570 million.
“I think it will be a greaft indicator of valuationsof core-type assets,” Brian Kavoogian, presidentr of LLC said of One Winthrop. “Thed large deal market will be priced very differentlyu from the smalldeal market.” Kavoogian, who bid on the property but estimated that prices have come down 20 percent from the peak abouty 18 months ago. RREEF put One Winthropp on the market witha $25 milliojn price tag.
Bidders interested in the propertyh reportedly shaved off as muchas $10 million or 40 percent — off of the asking “I think (the market’s) still in a state of People are looking for pricing One Winthrop Square will be a new pricingf benchmark,” Campoli said. The buildinyg is part of the RREEF America REITIII Inc. fund and was purchaseed by RREEF in 2005 as part ofa $500 million portfolio of assetsd from . The portfolio which included 32 propertiesin Massachusetts, was one of the largest sale transactionse in Boston at the time.
Two sources familiar with the deal said has been selected as a If building owner reaches a dealwith GLL, One Winthropl would be the first building to sell in downtowb Boston this year. RREEF declined to as did EdwardMaher Jr. of , whosew company is selling the assetfor RREEF. GLL’s bid is abouty $20 million, sources “They are a logical buyer,” said Lisa head of the investmentg sales teamat , which is not involver in the transaction. “They have money to buy in A callto GLL’s spokesmanb was not immediately returned. GLL made its entru into the Boston market when it purchase d 200State St.
for $167 million last September and then followedx up with 70Franklin St. in October for $36 It’s hard to put value on commercial property when no propertuis selling, so real estate investors have been following the sale of the 114,000-square-foo t One Winthrop since one of the world’s largesyt real estate investment advisers, put the propertyt on the market for sale in Trophy assets stopped selling long ago with a few exceptions, such as the 50 percenf stake in One Beacon that German insurer purchased earlier this year from LLC. The deal was in the makinf for several months before closing in Januartyfor $570 million.
“I think it will be a greaft indicator of valuationsof core-type assets,” Brian Kavoogian, presidentr of LLC said of One Winthrop. “Thed large deal market will be priced very differentlyu from the smalldeal market.” Kavoogian, who bid on the property but estimated that prices have come down 20 percent from the peak abouty 18 months ago. RREEF put One Winthropp on the market witha $25 milliojn price tag.
Bidders interested in the propertyh reportedly shaved off as muchas $10 million or 40 percent — off of the asking “I think (the market’s) still in a state of People are looking for pricing One Winthrop Square will be a new pricingf benchmark,” Campoli said. The buildinyg is part of the RREEF America REITIII Inc. fund and was purchaseed by RREEF in 2005 as part ofa $500 million portfolio of assetsd from . The portfolio which included 32 propertiesin Massachusetts, was one of the largest sale transactionse in Boston at the time.
Thursday, October 25, 2012
UF defenders on major mission to force issue - Sarasota Herald-Tribune
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UF defenders on major mission to force issue Sarasota Herald-Tribune The Gators have been feeding off those 2011 memories all season. Of all the motivating events, last year's Georgia game ranks way up there. From a defensive perspective, it is No. 1 on the hit list for exacting revenge. The final October act was a low ... |
Wednesday, October 24, 2012
SFL - Acquisition of two car carriers in combination with five-year charters - Reuters
efimtsovavadan.blogspot.com
SFL - Acquisition of two car carriers in combination with five-year charters Reuters Press release from Ship Finance International Limited, October 24, 2012. Ship Finance International Limited (NYSE:SFL) ("Ship Finance" or the "Company"), today announced that it has agreed to acquire two car carriers at attractive prices. The Japan ... |
Monday, October 22, 2012
Conference Board employment index edges up in May - Silicon Valley / San Jose Business Journal:
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The organization’s Employment Trends Inded was 89.9, up 0.2 percenyt from 89.7 in April and down from 113 in May The Conference Boardsaid Monday. The inde x number is relative to 100for 1996. “While it is too early to say that the ETIhas bottomed, the moderationj of the last two months is certainly a sign that the decline in job losses is real and signals that the worst is Gad Levanon, The Conference Board’s senior economist, said in a “However, as the economic recovery over the comingb months is likely to be very slow, we still expect the unemploymentf rate to continue to increase to doubles digits by the end of this year and into • Percentage of respondents who say they find “jobzs hard to get,” gathered from The Conference Boared Consumer Confidence Survey.
• Initial claima for unemployment insurance, from statistics. • Percentage of firmz with positions not able to fill right now becausw of inability to findsuitable candidates, from the . Number of employees hired by the temporary-help from the . • Part-time workers for economiv reasons, from Bureau of Labort Statistics. • Job from the Bureau of Labor Statistics. Industrial production, from the . • Real manufacturint and trade sales, from the . The Conference Board is an independent NewYork City-based nonprofit organization whose mission is to provide organizationw with the practical knowledge they need to improve their performancse and better serve society.
The organization’s Employment Trends Inded was 89.9, up 0.2 percenyt from 89.7 in April and down from 113 in May The Conference Boardsaid Monday. The inde x number is relative to 100for 1996. “While it is too early to say that the ETIhas bottomed, the moderationj of the last two months is certainly a sign that the decline in job losses is real and signals that the worst is Gad Levanon, The Conference Board’s senior economist, said in a “However, as the economic recovery over the comingb months is likely to be very slow, we still expect the unemploymentf rate to continue to increase to doubles digits by the end of this year and into • Percentage of respondents who say they find “jobzs hard to get,” gathered from The Conference Boared Consumer Confidence Survey.
• Initial claima for unemployment insurance, from statistics. • Percentage of firmz with positions not able to fill right now becausw of inability to findsuitable candidates, from the . Number of employees hired by the temporary-help from the . • Part-time workers for economiv reasons, from Bureau of Labort Statistics. • Job from the Bureau of Labor Statistics. Industrial production, from the . • Real manufacturint and trade sales, from the . The Conference Board is an independent NewYork City-based nonprofit organization whose mission is to provide organizationw with the practical knowledge they need to improve their performancse and better serve society.
Sunday, October 21, 2012
CoBank earnings up in first quarter - Denver Business Journal:
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CoBank earned $149.6 million in the firs quarter, compared with $103.5 million in the same quartedr ayear earlier. Net interest income rose 36 percentto $217.7 million, up from $159.5 million a year Total loans and leases outstanding rose to $46. 8 billion as of March 31, from $40.4 billion at the end of 2007. Greenwood Village-based CoBan is a cooperative bank that servese agribusinesses and rural utilities arounx theUnited States. It is part of the U.S. Farm Credirt System, and also finances agriculturap exports.
Higher commodity prices for grainand oilseeds, as well as higherf prices and demand for farm supplies, were key factorsa in the bank's earnings growth, the bank In April, CoBank issued $500 milliom in subordinated debt. The money will be used to increas e regulatorycapital ratios, and for generapl corporate purposes. CoBank's shareholders also have authorizef the bank to issue upto $250 million in Seriews C preferred stock in 2008 or 2009.
CoBank earned $149.6 million in the firs quarter, compared with $103.5 million in the same quartedr ayear earlier. Net interest income rose 36 percentto $217.7 million, up from $159.5 million a year Total loans and leases outstanding rose to $46. 8 billion as of March 31, from $40.4 billion at the end of 2007. Greenwood Village-based CoBan is a cooperative bank that servese agribusinesses and rural utilities arounx theUnited States. It is part of the U.S. Farm Credirt System, and also finances agriculturap exports.
Higher commodity prices for grainand oilseeds, as well as higherf prices and demand for farm supplies, were key factorsa in the bank's earnings growth, the bank In April, CoBank issued $500 milliom in subordinated debt. The money will be used to increas e regulatorycapital ratios, and for generapl corporate purposes. CoBank's shareholders also have authorizef the bank to issue upto $250 million in Seriews C preferred stock in 2008 or 2009.
Saturday, October 20, 2012
3 Civil War battles being re-enacted in Miss. - Lexington Herald Leader
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3 Civil War battles being re-enacted in Miss. Lexington Herald Leader Saporito, who lives in Monogahela, Pa., is among more than 1,600 history buffs who traveled to the central Mississippi town of Raymond this weekend to recreate Civil War battles in the rolling hills south and west of the capital city of Jackson ... |
Thursday, October 18, 2012
Senate battle heads back to court - The Business Review (Albany):
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Two Republican senators have suedAngelo Aponte, who was appointed secretary of the Senate by Democrata earlier this year. The lawsuit alleges that Aponte is illegallgy preventinga Republican-led coalition from conducting official Senatew business. State Supreme Court Judge Thomas McNamarq is scheduled to hold a hearing on the lawsuitt at1 p.m. today. He’s the same judge who ordererd the two parties to resolvee the conflict themselves during a separate lawsuit earlierthis month. The lawsuif was filed following Tuesday’s chaos that erupted in the stated Senate during a special emergency session orderedby Gov. David Paterson.
Democratds and the Republican-led coalition held duelinbg legislative sessions, leaving it unclear if any bills werelegallyu passed.Senators are scheduled to try againb today. Gov. David Paterson has called a specialp legislative session for3 p.m. Tuesdahy was the first time in more than two weeksw that the two sides had been in the chamberf at thesame time. Senators have performed no official business sincw the surprise uprising that Republicans led onJune 8, when two Democratsw joined all 30 Republicans in an attempt to oust Sen. Malcolkm Smith (D-Queens) as majority leader.
One Democratg has since left the meaning there isa 31-31 split in the There is no way to break a tie because the state has no lieutenant governor—the job Paterson vacatef to replace former Gov. Eliot Spitzer last year. The unprecedented battle for power has paralyzed thelegislativre process. The two sides still do not agree on who isin control, or whether the actionsd on June 8 were legal. By law, Paterso n has the power to compel legislators to meet in aspeciaol session. He also dictates whicy bills will be included onthe session’e agenda. The governor cannot, however, force legislatorsd to vote onthose bills.
Democratsa locked themselves in the Senate chambers ahead of in an attempt to preventthe Republican-led coalition from taking control of the gavel. When Republicann arrived, they conducted their own session using a second voting on bills that were to be considerexd in the special At3 p.m., the special session bega with Democrats and Republicane shouting over each other, holdinf two sessions at once. Smithj rose to say that Paterson’s offic e had not sent the Senate the bills to bevoted on, with proper numbering. “There’s nobody in this chamber holdingthe government’s businesx back. It’s the governor,” Smith said. Paterson latefr disputed that claim.
Democrats and the Republican-led coalition, which includesd Sen. Pedro Espada Jr. (D-Bronx), left the chamber. Democratw returned to vote on 14 bills that Paterson had places onthe agenda. It’s unclear whether the votees were legal. Democrats recorded each vote asa 62-0 vote, even though the Republican-led coalition was not in the chamber for any of the “Senate Republicans showed they are so desperater for power, they tried to prevent real work from gettingv done,” Democrats said in a statement. “Senate Republicans again broughf disgrace and shame to the Senate when they attempted to conducty another shamlegislative session.
” Republicans claim that the bills were passede 62-0 earlier in the day, durin g their own session. “This was a legall session,” Republicans said in a statement. “Whiles the Senate Democrat leadership tried to disrupt thesessiomn ... their votes count and the bille passed. We are not finished.” extending the state’s Power for Jobs program untilMay 2010. The popular program provides low-cost electricity to 570 including manyupstate manufacturers, in exchange for pledges to create It is scheduled to end on June 30. enabling Schoharie County to impose an occupanc y tax on hotel and motel roomse of up to4 percent.
Two Republican senators have suedAngelo Aponte, who was appointed secretary of the Senate by Democrata earlier this year. The lawsuit alleges that Aponte is illegallgy preventinga Republican-led coalition from conducting official Senatew business. State Supreme Court Judge Thomas McNamarq is scheduled to hold a hearing on the lawsuitt at1 p.m. today. He’s the same judge who ordererd the two parties to resolvee the conflict themselves during a separate lawsuit earlierthis month. The lawsuif was filed following Tuesday’s chaos that erupted in the stated Senate during a special emergency session orderedby Gov. David Paterson.
Democratds and the Republican-led coalition held duelinbg legislative sessions, leaving it unclear if any bills werelegallyu passed.Senators are scheduled to try againb today. Gov. David Paterson has called a specialp legislative session for3 p.m. Tuesdahy was the first time in more than two weeksw that the two sides had been in the chamberf at thesame time. Senators have performed no official business sincw the surprise uprising that Republicans led onJune 8, when two Democratsw joined all 30 Republicans in an attempt to oust Sen. Malcolkm Smith (D-Queens) as majority leader.
One Democratg has since left the meaning there isa 31-31 split in the There is no way to break a tie because the state has no lieutenant governor—the job Paterson vacatef to replace former Gov. Eliot Spitzer last year. The unprecedented battle for power has paralyzed thelegislativre process. The two sides still do not agree on who isin control, or whether the actionsd on June 8 were legal. By law, Paterso n has the power to compel legislators to meet in aspeciaol session. He also dictates whicy bills will be included onthe session’e agenda. The governor cannot, however, force legislatorsd to vote onthose bills.
Democratsa locked themselves in the Senate chambers ahead of in an attempt to preventthe Republican-led coalition from taking control of the gavel. When Republicann arrived, they conducted their own session using a second voting on bills that were to be considerexd in the special At3 p.m., the special session bega with Democrats and Republicane shouting over each other, holdinf two sessions at once. Smithj rose to say that Paterson’s offic e had not sent the Senate the bills to bevoted on, with proper numbering. “There’s nobody in this chamber holdingthe government’s businesx back. It’s the governor,” Smith said. Paterson latefr disputed that claim.
Democrats and the Republican-led coalition, which includesd Sen. Pedro Espada Jr. (D-Bronx), left the chamber. Democratw returned to vote on 14 bills that Paterson had places onthe agenda. It’s unclear whether the votees were legal. Democrats recorded each vote asa 62-0 vote, even though the Republican-led coalition was not in the chamber for any of the “Senate Republicans showed they are so desperater for power, they tried to prevent real work from gettingv done,” Democrats said in a statement. “Senate Republicans again broughf disgrace and shame to the Senate when they attempted to conducty another shamlegislative session.
” Republicans claim that the bills were passede 62-0 earlier in the day, durin g their own session. “This was a legall session,” Republicans said in a statement. “Whiles the Senate Democrat leadership tried to disrupt thesessiomn ... their votes count and the bille passed. We are not finished.” extending the state’s Power for Jobs program untilMay 2010. The popular program provides low-cost electricity to 570 including manyupstate manufacturers, in exchange for pledges to create It is scheduled to end on June 30. enabling Schoharie County to impose an occupanc y tax on hotel and motel roomse of up to4 percent.
Wednesday, October 17, 2012
General aviation airports see signs that better times may not be far away - Memphis Business Journal:
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After a six-month period that has seen the industryh take hits to its public perceptiom andbottom line, they say a returjn of consumer confidence and lower fuel priceas point toward a blue sky “If you’re comparing it to a year ago, yeah, we’vs seen a decline,” says Mid West Corporate Aviation CEO Marvin Autry. “(But) things are starting to level out.” Autry estimatez his business at is down by 15 percent sincew this timelast year. Fuel sales at Jabara in March weredown 16.87 percenty compared to a year ago. However, fuel sales went from 61,7690 gallons in February to 66,184 gallons in March. Fuel usagse has dropped at the .
Even so, officials there also are seeing signs ofa rebound. Melissa spokesperson for the SalinzaAirport Authority, says March’s fuel totall of 182,205 gallons was the lowest level seen since the early 90s. But the number of totalo operations in the first quarterwere 16,842. That’sw a 1.2 percent decline from last but, she says, it’s a sign things are levelin g off. T.W. Anderson, manager of the , has 114 aircrafr based at his Although his hangarsremain full, he says he has seen a drop in the numbed of aircraft stopping to refuel.
But with spring in the air and theweathee clearing, Anderson says more people are returning to flying their piston-driven Those airplanes burn AVgas, and Anderson says sales increasedr 5 percent in “I think what we’rre seeing is more people, now that they have a better handle on the economy, are going back to He has seen a drop in jet fuel sales which he says are down 20 perceng from this time last year. crewsw aren’t flying through Newton as theyused to. Andersobn says of the 30 business jets used on the circuitr to fly support teams to and from Newton typically sees 6 to 10 a stopping throughbetween coasts.
But he says as more crewa fly commercial tocut costs, just one of the NASCAt jets has stopped there. The cost of fuel has dropperd dramatically in thepast year. In Newton, AVgasa has fallen from $4.88 a gallon at this time last to $4.02. At Jabara, prices are down to $4.39o a gallon. Similar drops in jet fuel priceas could begin spurring more business jet usagras well. According to the , the averagre price of jet fuel — $58.40 a barrel as of May 1 is down 58.7 percent from this time a year ago. For lower prices mean more incentiveto fly, whetheer for business or for fun.
And althougj he thinks traffic levels will reboundby 2010, levelingg off now means the ascent back to thosse levels is coming. “I think things have hit a he says. “I thinkm people are starting to have more confidence inthe
After a six-month period that has seen the industryh take hits to its public perceptiom andbottom line, they say a returjn of consumer confidence and lower fuel priceas point toward a blue sky “If you’re comparing it to a year ago, yeah, we’vs seen a decline,” says Mid West Corporate Aviation CEO Marvin Autry. “(But) things are starting to level out.” Autry estimatez his business at is down by 15 percent sincew this timelast year. Fuel sales at Jabara in March weredown 16.87 percenty compared to a year ago. However, fuel sales went from 61,7690 gallons in February to 66,184 gallons in March. Fuel usagse has dropped at the .
Even so, officials there also are seeing signs ofa rebound. Melissa spokesperson for the SalinzaAirport Authority, says March’s fuel totall of 182,205 gallons was the lowest level seen since the early 90s. But the number of totalo operations in the first quarterwere 16,842. That’sw a 1.2 percent decline from last but, she says, it’s a sign things are levelin g off. T.W. Anderson, manager of the , has 114 aircrafr based at his Although his hangarsremain full, he says he has seen a drop in the numbed of aircraft stopping to refuel.
But with spring in the air and theweathee clearing, Anderson says more people are returning to flying their piston-driven Those airplanes burn AVgas, and Anderson says sales increasedr 5 percent in “I think what we’rre seeing is more people, now that they have a better handle on the economy, are going back to He has seen a drop in jet fuel sales which he says are down 20 perceng from this time last year. crewsw aren’t flying through Newton as theyused to. Andersobn says of the 30 business jets used on the circuitr to fly support teams to and from Newton typically sees 6 to 10 a stopping throughbetween coasts.
But he says as more crewa fly commercial tocut costs, just one of the NASCAt jets has stopped there. The cost of fuel has dropperd dramatically in thepast year. In Newton, AVgasa has fallen from $4.88 a gallon at this time last to $4.02. At Jabara, prices are down to $4.39o a gallon. Similar drops in jet fuel priceas could begin spurring more business jet usagras well. According to the , the averagre price of jet fuel — $58.40 a barrel as of May 1 is down 58.7 percent from this time a year ago. For lower prices mean more incentiveto fly, whetheer for business or for fun.
And althougj he thinks traffic levels will reboundby 2010, levelingg off now means the ascent back to thosse levels is coming. “I think things have hit a he says. “I thinkm people are starting to have more confidence inthe
Monday, October 15, 2012
SEC: N.Y. investment firm misled S. Fla. seniors - Business First of Buffalo:
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"They used free lunches as the low-tech bait for theirt high-scale scheme," said Robert Khuzami, directo of the SEC's Division of The SEC alleges elderly and retirede investors were lured into purchasing highly unsuitable variable annuities with lucrativ sales commissions while ignoring the financial goalsof victims. The SEC allegeas that Eric J. Brown of Highland Beach, Mattheaw J. Collins of Boynton Kevin J. Walsh of and Mark W.
Wells of Boca Raton, were amonv those offering and sellingthe It’s alleged that the firm and its representatives earned millions of dollars in sales PCS is a registered broker-dealer and wholly-owneed subsidiary of Gilman Ciocia, an income tax preparation business headquartered in Poughkeepsie that offers financial services in New New Jersey, Pennsylvania and Florida. Robert a NewYork attorney who representsePrime Capital, Gilman Ciocia, and several of the including Collins and Wells, said the conduct at issue in the complainyt is "very old" and occurred in the late 1990s and earl y 2000.
He said the company reached a settlemeng withthe (FINRA), when it was callexd the (NASD). As part of that the company implementedsome wide-rangingt updates to its supervisory and compliancde systems in 2005, Heim said. He addecd that he didn't know why the SEC was going over thesame "All of these issues were addressed years ago and we feel the company'e response has been appropriate," he While Brown and Walsh have since Collins and Wells are still with the he said. An administrative law judge will determine whetheer the allegations against the respondentsx aretrue and, if so, whether they should be orderede to cease and desist from futures violations.
"They used free lunches as the low-tech bait for theirt high-scale scheme," said Robert Khuzami, directo of the SEC's Division of The SEC alleges elderly and retirede investors were lured into purchasing highly unsuitable variable annuities with lucrativ sales commissions while ignoring the financial goalsof victims. The SEC allegeas that Eric J. Brown of Highland Beach, Mattheaw J. Collins of Boynton Kevin J. Walsh of and Mark W.
Wells of Boca Raton, were amonv those offering and sellingthe It’s alleged that the firm and its representatives earned millions of dollars in sales PCS is a registered broker-dealer and wholly-owneed subsidiary of Gilman Ciocia, an income tax preparation business headquartered in Poughkeepsie that offers financial services in New New Jersey, Pennsylvania and Florida. Robert a NewYork attorney who representsePrime Capital, Gilman Ciocia, and several of the including Collins and Wells, said the conduct at issue in the complainyt is "very old" and occurred in the late 1990s and earl y 2000.
He said the company reached a settlemeng withthe (FINRA), when it was callexd the (NASD). As part of that the company implementedsome wide-rangingt updates to its supervisory and compliancde systems in 2005, Heim said. He addecd that he didn't know why the SEC was going over thesame "All of these issues were addressed years ago and we feel the company'e response has been appropriate," he While Brown and Walsh have since Collins and Wells are still with the he said. An administrative law judge will determine whetheer the allegations against the respondentsx aretrue and, if so, whether they should be orderede to cease and desist from futures violations.
Sunday, October 14, 2012
Florida
eragywaqer.wordpress.com
Dubbed “Quality on the Line,” the effort is an opportunity for DBPRcustomers “to play an active role in theit government and inspire positive a release said. By sharinb experiences and ideas in an online chat with DPBR SecretargCharles W. Drago, the departmenf said it would enhances service, improve business practices and proposelegislatived changes. The Web-based forum allows customers to interact withDrago one-on-onew and extends the department’s reach to a broader groupp of customers who it believes may not have the time to leaved work and meet with him at districft offices.
In what the department calls “O the Road to Better Business,” Drago toured Florida to meet with the businessz owners and professionals thedepartmentr serves. “Challenging economic times call for more creative approachee to engage customers indepartment enhancements,” Drago said in the The first “Quality on the event will be in South Florida on June 2 from noon to 3 p.m. Dragk plans to hold similar virtual offics hours ineach district. During those periods, he will be at his computeer in Tallahassee, reading and responding to concerns as they come in fromthe Web-based form.
Followint the online office hours, Drago will share his experiences througha “Customers on the blog, the department said. The department’ mission is to license efficiently andregulatse fairly, the release said. It licensez more than 1 million businesses and professionals ranging from realestatde agents, veterinarians, and accountants to contractors and
Dubbed “Quality on the Line,” the effort is an opportunity for DBPRcustomers “to play an active role in theit government and inspire positive a release said. By sharinb experiences and ideas in an online chat with DPBR SecretargCharles W. Drago, the departmenf said it would enhances service, improve business practices and proposelegislatived changes. The Web-based forum allows customers to interact withDrago one-on-onew and extends the department’s reach to a broader groupp of customers who it believes may not have the time to leaved work and meet with him at districft offices.
In what the department calls “O the Road to Better Business,” Drago toured Florida to meet with the businessz owners and professionals thedepartmentr serves. “Challenging economic times call for more creative approachee to engage customers indepartment enhancements,” Drago said in the The first “Quality on the event will be in South Florida on June 2 from noon to 3 p.m. Dragk plans to hold similar virtual offics hours ineach district. During those periods, he will be at his computeer in Tallahassee, reading and responding to concerns as they come in fromthe Web-based form.
Followint the online office hours, Drago will share his experiences througha “Customers on the blog, the department said. The department’ mission is to license efficiently andregulatse fairly, the release said. It licensez more than 1 million businesses and professionals ranging from realestatde agents, veterinarians, and accountants to contractors and
Saturday, October 13, 2012
U.S. Bank returns TARP money - Business Courier of Cincinnati:
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billion in Troubled Assegt Relief Program money it took last year fromthe . U.S. Bank USB), based in Minneapolis, had previously announces its plans to redeem the preferred stocjk issued to the Last week, it from the government to do so. U.S. Bank also told the Treasury it intends to repurchasethe 10-yeart warrant it had issued along with the preferrec stock. “The redemption allows our company to returbn to operating from a position of both independentt strength andstrategic flexibility,” said Richard Davis, the company’ss president, CEO and chairman, in a The Treasury in May announced that U.S.
Bank which showee it would be able to ride out the economixc downturn without having to raise more Davis has ofthe government’s capitalp purchase program. In February he called the prograjm “lousy” and said the banking industru was pressured to participate inthe program.
billion in Troubled Assegt Relief Program money it took last year fromthe . U.S. Bank USB), based in Minneapolis, had previously announces its plans to redeem the preferred stocjk issued to the Last week, it from the government to do so. U.S. Bank also told the Treasury it intends to repurchasethe 10-yeart warrant it had issued along with the preferrec stock. “The redemption allows our company to returbn to operating from a position of both independentt strength andstrategic flexibility,” said Richard Davis, the company’ss president, CEO and chairman, in a The Treasury in May announced that U.S.
Bank which showee it would be able to ride out the economixc downturn without having to raise more Davis has ofthe government’s capitalp purchase program. In February he called the prograjm “lousy” and said the banking industru was pressured to participate inthe program.
Thursday, October 11, 2012
A&R Development picked for $17M Jonestown project - Puget Sound Business Journal (Seattle):
polinaagyvtiwu.blogspot.com
The project falls into the city’ds aims to remake Central which has seen a wave of new developmengt in recent years building off the success of nearbyHarbor A&R, led by Anthony hopes to build a mixed-use development including 107 rental apartments, 18,000 squarw feet of retail space and 156 parking said Tuesday it awarded the firm exclusive negotiatinb rights for the city-ownex land at 110 S. Central Ave. and 1120 Granbg St. The properties combine for about 29,000 square feet. The BDC, the city’s economivc development arm, offered the and two others, up for redevelopment in Augusrt 2008.
“These properties give the city the opportunityy totake vacant, underutilized properties and have them renewesd as private enterprises that will generate taxes and enhance the Jonestown/Washingtonm Hill community,” BDC President M.J. “Jay” Brodie said in a The city also tapped Mitey LLC to negotiatd for a second siteat 1301-1309 E. Lombarcd St. Mitey is a real estatre company formedby Gerry’s Tire which hopes to use the property to expand its adjacent Mitey plans to use the 4,518-square-footf property in the short term as a temporarhy parking lot for its business and would expand onto the city-ownesd property in the future.
The city is reservinyg the rights for thethird property, at 130 S. Central Ave.
The project falls into the city’ds aims to remake Central which has seen a wave of new developmengt in recent years building off the success of nearbyHarbor A&R, led by Anthony hopes to build a mixed-use development including 107 rental apartments, 18,000 squarw feet of retail space and 156 parking said Tuesday it awarded the firm exclusive negotiatinb rights for the city-ownex land at 110 S. Central Ave. and 1120 Granbg St. The properties combine for about 29,000 square feet. The BDC, the city’s economivc development arm, offered the and two others, up for redevelopment in Augusrt 2008.
“These properties give the city the opportunityy totake vacant, underutilized properties and have them renewesd as private enterprises that will generate taxes and enhance the Jonestown/Washingtonm Hill community,” BDC President M.J. “Jay” Brodie said in a The city also tapped Mitey LLC to negotiatd for a second siteat 1301-1309 E. Lombarcd St. Mitey is a real estatre company formedby Gerry’s Tire which hopes to use the property to expand its adjacent Mitey plans to use the 4,518-square-footf property in the short term as a temporarhy parking lot for its business and would expand onto the city-ownesd property in the future.
The city is reservinyg the rights for thethird property, at 130 S. Central Ave.
Wednesday, October 10, 2012
Colorado stimulus board boosts minority-outreach effort - South Florida Business Journal:
haygoodfoafyga1359.blogspot.com
And officials with the Colorado Department of Transportation told the boardr they will recommend the agency review how it handles complaintsx about road and bridge contractes and the use ofthese small, minority- and woman-owned businesses. Maranda Pleau, the smallp business coordinatorfor Greeley-based general contractor , will join the Colorado Economi Recovery and Accountability Board June 29, chairman Don Ellimam said during a board meeting Thursday. Her job is to ensur minority businesses are aware of contracts relatedf to thestimulus package, Elliman said. The movesa come in response to a complaing from HamonContractors Inc.
in Denver over a bridge repair project paid for with money from the Americam Recovery andReinvestment Act. Hamon lost a bid April 16 to rebuildd two bridges over Interstate 76 inAdams County. The lowesgt bid for the contract camefrom Centennial-baseds , which bid $8 million for the project, nearlt 15 percent under CDOT’s estimat e of $9.4 million. State contractxs are typically awarded to the lowest But Hamon objected to CDOT awardingb the projectto Sema, saying Sema didn’t make a "good-faitn effort" to hire enough minority according to a June 3 letter from Mark director of the Governor’s Economic Recovery to the accountability CDOT reviewed the complaint, and Sema’s efforts to get minority businessesz involved in the bridge contract.
The revieew concluded Sema metthe agency’s threshold for trying and CDOT formally awardede the project to the CDOT executive director Russ George said. But CDOT want to review how it handlexs future complaints about using disadvantaged businessew onstate contracts. Celina director of administrationfor CDOT, told the accountabilithy board she will recommen d the agency’s commissioners form a reviesw committee involving members of the interest groups, industry, the attorney general’s office, and federal transportation officials.
How to gather input from minority businesses about theifr experience with a prime Atthe meeting, Hamon attorney Seth Firmende thanked CDOT for beingt willing to review the process. Helga executive director of the Hispanic Contractorsof Colorado, also praisexd CDOT’s move, saying, "Wed believe we’ve been heard."
And officials with the Colorado Department of Transportation told the boardr they will recommend the agency review how it handles complaintsx about road and bridge contractes and the use ofthese small, minority- and woman-owned businesses. Maranda Pleau, the smallp business coordinatorfor Greeley-based general contractor , will join the Colorado Economi Recovery and Accountability Board June 29, chairman Don Ellimam said during a board meeting Thursday. Her job is to ensur minority businesses are aware of contracts relatedf to thestimulus package, Elliman said. The movesa come in response to a complaing from HamonContractors Inc.
in Denver over a bridge repair project paid for with money from the Americam Recovery andReinvestment Act. Hamon lost a bid April 16 to rebuildd two bridges over Interstate 76 inAdams County. The lowesgt bid for the contract camefrom Centennial-baseds , which bid $8 million for the project, nearlt 15 percent under CDOT’s estimat e of $9.4 million. State contractxs are typically awarded to the lowest But Hamon objected to CDOT awardingb the projectto Sema, saying Sema didn’t make a "good-faitn effort" to hire enough minority according to a June 3 letter from Mark director of the Governor’s Economic Recovery to the accountability CDOT reviewed the complaint, and Sema’s efforts to get minority businessesz involved in the bridge contract.
The revieew concluded Sema metthe agency’s threshold for trying and CDOT formally awardede the project to the CDOT executive director Russ George said. But CDOT want to review how it handlexs future complaints about using disadvantaged businessew onstate contracts. Celina director of administrationfor CDOT, told the accountabilithy board she will recommen d the agency’s commissioners form a reviesw committee involving members of the interest groups, industry, the attorney general’s office, and federal transportation officials.
How to gather input from minority businesses about theifr experience with a prime Atthe meeting, Hamon attorney Seth Firmende thanked CDOT for beingt willing to review the process. Helga executive director of the Hispanic Contractorsof Colorado, also praisexd CDOT’s move, saying, "Wed believe we’ve been heard."
Tuesday, October 9, 2012
NY stimulus spending hits milestone - Puget Sound Business Journal (Seattle):
tenamup.wordpress.com
The state has now sought bids forprojectsx that, together, consume more than half of New York’s highwag and bridge funding, said Timothy Gilchrist, an advised to Gov. David Gilchrist is overseeing a state committee that is administerinhgstimulus funds. The $787 billion stimulus requires statesz to obligate at least half of their highwa funds byJune 29. States that do not meet that deadline forfeit their remaininghighway funding, whichj will be redistributed to states that did meet the deadline. To 15 states have failed to obligate at least half of their highway money, Gilchrist said.
New York has now met that requiremen a month aheadof time, having advertisesd bids for at least $392 million of highway projects. “It’sd one less thing that will wake me up at 3 in the Gilchrist saidon Thursday. “Wre get to rest for about 30 And then we have to move Gilchrist said it will take several more months to obligatde all thestimulus money. And the state won’t know until the June 29 deadline whether it will getmore money. “Eachb day, people are processing projects. We won’t know untill the end,” Gilchrist said. Many of the projects that have been advertisedf so far have been in planning for afew years.
In many municipalities are substituting stimulus money for fundinf they had already set aside fora project. The state Department of Transportatioj will also be able todo that, restartinf projects that had been delayed, Gilchristt said. A list of those projects is to be publishedf in afew weeks. It takes up to 12 weeksx from the time a project is announcer to the time when construction A typical bid period lasts four to six and it takes just as long for the statd comptroller to review and authorizethe work, Gilchrisy said. “There will be boots on the grounfthis summer,” he For more information, see the state’s stimulus Web .
The state has now sought bids forprojectsx that, together, consume more than half of New York’s highwag and bridge funding, said Timothy Gilchrist, an advised to Gov. David Gilchrist is overseeing a state committee that is administerinhgstimulus funds. The $787 billion stimulus requires statesz to obligate at least half of their highwa funds byJune 29. States that do not meet that deadline forfeit their remaininghighway funding, whichj will be redistributed to states that did meet the deadline. To 15 states have failed to obligate at least half of their highway money, Gilchrist said.
New York has now met that requiremen a month aheadof time, having advertisesd bids for at least $392 million of highway projects. “It’sd one less thing that will wake me up at 3 in the Gilchrist saidon Thursday. “Wre get to rest for about 30 And then we have to move Gilchrist said it will take several more months to obligatde all thestimulus money. And the state won’t know until the June 29 deadline whether it will getmore money. “Eachb day, people are processing projects. We won’t know untill the end,” Gilchrist said. Many of the projects that have been advertisedf so far have been in planning for afew years.
In many municipalities are substituting stimulus money for fundinf they had already set aside fora project. The state Department of Transportatioj will also be able todo that, restartinf projects that had been delayed, Gilchristt said. A list of those projects is to be publishedf in afew weeks. It takes up to 12 weeksx from the time a project is announcer to the time when construction A typical bid period lasts four to six and it takes just as long for the statd comptroller to review and authorizethe work, Gilchrisy said. “There will be boots on the grounfthis summer,” he For more information, see the state’s stimulus Web .
Sunday, October 7, 2012
New owner surfaces in latest Filene
cahijisebi.wordpress.com
Alan Cohen, Filene’s chief restructurinbg officer, confirmed Monday afternoon that Secaucus, N.J.-based Syms (NASDAQ:SYMS) and New York-base d Vornado (NYSE:VNO) agreed to pay about $63 millioh for the chain. A cour t hearing is set for Wednesday to approve the Cohen said. The auction, which begaj Friday and was continued to took place about a week afterr an affiliateof Men’s Wearhouswe (NYSE:MW) agreed to buy the chain for $67 But Crown Acquisitions, the company that was first in line to buy Filene’s assets, filed an objection to the sale with allegations that Men’es Wearhouse didn’t follow bidding Crown in court filings described the first auction as a A judge sent the deal back for auction following Crown’s It wasn’t clear Monday if Syms and Vornadp would acquire all of Filene’w stores.
Both Men’s Wearhouse and Crown had plannes to acquire and keep open a butnot all, of Filene’s locations. The company has two Ohio including onein Columbus. Filene’s Basemenyt sought protection from creditors in May in Delawarebankruptcy court, months after closing several stores. Columbus-based RVI), which maintains a majority stake in discount shoeretailer (NYSE:DSW), sold the chainh this year to FB II Acquisition Corp., a new entityh owned by liquidation and turnaround firm Buxbaunm Group.
Alan Cohen, Filene’s chief restructurinbg officer, confirmed Monday afternoon that Secaucus, N.J.-based Syms (NASDAQ:SYMS) and New York-base d Vornado (NYSE:VNO) agreed to pay about $63 millioh for the chain. A cour t hearing is set for Wednesday to approve the Cohen said. The auction, which begaj Friday and was continued to took place about a week afterr an affiliateof Men’s Wearhouswe (NYSE:MW) agreed to buy the chain for $67 But Crown Acquisitions, the company that was first in line to buy Filene’s assets, filed an objection to the sale with allegations that Men’es Wearhouse didn’t follow bidding Crown in court filings described the first auction as a A judge sent the deal back for auction following Crown’s It wasn’t clear Monday if Syms and Vornadp would acquire all of Filene’w stores.
Both Men’s Wearhouse and Crown had plannes to acquire and keep open a butnot all, of Filene’s locations. The company has two Ohio including onein Columbus. Filene’s Basemenyt sought protection from creditors in May in Delawarebankruptcy court, months after closing several stores. Columbus-based RVI), which maintains a majority stake in discount shoeretailer (NYSE:DSW), sold the chainh this year to FB II Acquisition Corp., a new entityh owned by liquidation and turnaround firm Buxbaunm Group.
Saturday, October 6, 2012
Elias Abuelazam, Mich. stabber sentenced to life, will likely not face ... - CBS News
viktorevaikubuwo.blogspot.com
CBS News | Elias Abuelazam, Mich. stabber sentenced to life, will likely not face ... CBS News Suspected serial stabber Elias Abuelazam will face no additional trials in Michigan unless his first murder conviction is overturned, a prosecutor said Friday, citing the high cost of bringing each case to court. Abuelazam is already serving a life ... On hold: Future trials for accused serial killer Elias Abuelazam suspended No more Mich. trials for stabbing suspect Ohio prosecutor must weigh trial for serial stabbing suspect convicted of ... |
Thursday, October 4, 2012
Dell, Temple-Inland shares up - Austin Business Journal:
jiqatili.wordpress.com
Dell (Nasdaq: DELL) shares rose 8 percent to morethan $11. The company led otherr computer makers likeand , whichj also experienced gains on Wednesday. Dell was also one of 20 Americanh companies listed Wednesday in the Global 100 list from Canadia magazine Corporate Knights andNew York-basesd investment research firm The list ranks companies around the world on their ability manages environmental, social and governance risks better than theirt competitors, which in turn makesz them safer long-term bets. Meanwhile, Temple-Inland (NYSE: TIN) is enjoyinv its second day of significantgprice gains.
The company, whic reported a fourth-quarter loss of $6 million on still managed to meet Wall Streety estimates and therefore saw its stock jump 55 centxs on Tuesday and another61 cents, or 12 on Wednesday to close at
Dell (Nasdaq: DELL) shares rose 8 percent to morethan $11. The company led otherr computer makers likeand , whichj also experienced gains on Wednesday. Dell was also one of 20 Americanh companies listed Wednesday in the Global 100 list from Canadia magazine Corporate Knights andNew York-basesd investment research firm The list ranks companies around the world on their ability manages environmental, social and governance risks better than theirt competitors, which in turn makesz them safer long-term bets. Meanwhile, Temple-Inland (NYSE: TIN) is enjoyinv its second day of significantgprice gains.
The company, whic reported a fourth-quarter loss of $6 million on still managed to meet Wall Streety estimates and therefore saw its stock jump 55 centxs on Tuesday and another61 cents, or 12 on Wednesday to close at
Wednesday, October 3, 2012
Examining The Democratic Platform On Drugs - THE Weed Blog (blog)
sucujovide.wordpress.com
THE Weed Blog (blog) | Examining The Democratic Platform On Drugs THE Weed Blog (blog) Similarly, in the platform's subsections on “Transnational Crime†and “The Americas,†the mention of drugs and drug policy comes only in the context of fighting crime. The former section merely notes that “transnational criminal organizations have ... |
Tuesday, October 2, 2012
Dish Network to hand out converter boxes in Houston - Triangle Business Journal:
bertayfybuqutyp.blogspot.com
The estimates that 1.6 milliojn people in the Houston area have ordered couponsx for their converter butonly 870,172 coupons have been redeemed as of May 30. The “Coupob Swap” program is a nationwide initiative to get customerzs ready for the conversion to digital television signalse onJune 12. Converter boxes are only available to thosde with avalid $40 Customers can go to Cossaboom YMCA at 7903 South Loop East on June 5, or M.D. Andersonj Family YMCA at 705 Cavalcads onJune 6. Dish Network handedr out about 400 boxes in Dallas last weekend, according to Marcel Guajardo, a spokesman for the The current plan is to hand out about 400 to 500 boxe in Houston.
Guajardo said representatives from the FCC will also be on hand to answerf questions related to the digital conversion and what households need to do to be readu forthe switch.
The estimates that 1.6 milliojn people in the Houston area have ordered couponsx for their converter butonly 870,172 coupons have been redeemed as of May 30. The “Coupob Swap” program is a nationwide initiative to get customerzs ready for the conversion to digital television signalse onJune 12. Converter boxes are only available to thosde with avalid $40 Customers can go to Cossaboom YMCA at 7903 South Loop East on June 5, or M.D. Andersonj Family YMCA at 705 Cavalcads onJune 6. Dish Network handedr out about 400 boxes in Dallas last weekend, according to Marcel Guajardo, a spokesman for the The current plan is to hand out about 400 to 500 boxe in Houston.
Guajardo said representatives from the FCC will also be on hand to answerf questions related to the digital conversion and what households need to do to be readu forthe switch.
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