lamoreuuceses1724.blogspot.com
Democratic Sen. Ron Wyden aske d the head of theWhite House’s Automobile Task Forcr to determine whether the decision to closwe Chrysler dealerships is in the best interest of the state and the “It is inconsistent with American values to forcs business owners to secure financing with their homes and other personal assets and then turn arounr and shut them down and refuse to buy back theirr cars,” Wyden said in a news “I’m also worried that some majo r population centers in Oregojn won’t be able to get their cars servicede or have their warrantiea honored.
” Chrysler announced last month it will close 789 of its nearlty nationwide 3,000 dealerships on June 9. General which filed for bankruptcyt protection onJune 1, had earlier announceed plans to close the Bob Thomas Car Co. in The closing would take places inOctober 2010. “If GM abrogates Bob Thomas Car Company’sd dealer agreement, it will have no distribution or service outlets incentral Oregon’s largest city,” Wyden wrote in a letterf to General Motors.
“In short, terminating theifr GM dealership will negatively impactthe Thomases, theird employees, GM customers and the community at
Sunday, February 27, 2011
Thursday, February 24, 2011
Florida Threatens to Start a 2012 Primary Stampede - Fox News
http://canossianeuropa.org/laici.htm
Fox News | Florida Threatens to Start a 2012 Primary Stampede Fox News Influential Florida Republicans are once again squaring off with the Republican National Committee over the timing of the state's 2012 primary election in a battle that could jumpstart the presidential campaign season. Everyone knows the presidential ... Hold to the primary date Jockeying by states snarls GOP primary plans The GOP presidential field is strong |
Tuesday, February 22, 2011
Banking's choppy waters could wash out local deals - Business Courier of Cincinnati:
rubber roof
might be able to walk away from its deal to buyWest Chester-baser And could decide to put the kibosh on its pact to buy N.C.-based Neither buying bank's officials have said they plan to halt the But problems with the bankinv industry have opened the door for thos acquisitions and others in the industruy to get quashed. "I'm not aware of any deals beingcalled off," said Richard analyst at in Tampa, Fla. "But I' m also not aware of many being done." Ind.
-based Integra's deal with Peoplex might be in the most It can cancel the deal without penalty if Peoples fails to meet each of two Its tangible net equity has to totak atleast $53 million, and its loan loss reservezs must total at least 65 percent of its nonperforming Peoples hasn't yet reported fourth-quarter but using its third-quarter figures, it met the firsy requirement but not the said Jeff Davis, analyst at in Nashville, Tenn. It had reservee totaling 55 percent of nonperforming loans. Worse, the industry trend isn't likelyh to help it in the fourthj quarter.
"You've got to figure, givemn what happened to industryloan quality, that nonperforminh loans will be even higher," Davisd said. That's been a problem for It took a hit starting in 2006 when bad loanss to builders and others causedd its problem loansto soar. Its bad loans actually declinedlast year, but they rose 38 percent in 2006. And it suffered $1.9 million in net losses last year. "Peoples is a littlw racy, given its lack of profitability andcredit issues," Davis But those problems allowed Integra to ink a deal to pay less for Peoplesa than it would have for a fully healthgy franchise with 19 branches in Greater Cincinnati.
Integrza CEO Mike Vea, a formerd Cincinnati banker, has targeted the city as a growthj marketfor Integra. He declined to be interviewexd because the dealis pending. But he said at the time it was announcethat Peoples' problems lowered the purchase Beyond that, though, Integra's stock price has fallenn since the deal was struckj in September. It calls for Integra to pay a mix of cash andstocj that, at the time, was worth $85.y million, or $17.69 a Now that Integra's stock price has fallen from $18.45 then to $13.76y Jan. 29, the deal would be worth just $71.6 million, or $14.80 a share. That's still aboves Peoples' Jan.
29 closing price of Its stock, too, has fallen sincr the deal was announced. Peoples can cancel the deal if Integra' stock is below $15.58 at the time of the closin g and the stock has fallen more than its stocks have. But Davis said the ball is in Integra's Peoples' low capital levels and bad loands will seeto that. "There's significan heat on Peoples, not on Integra," he said. "Peoplea will want to get the deal done." Peoples Treasurer Thomas Noe failed to return a phone First Charter, Fifth Third's target to is in a similar situationb as Peoples. Fifth Third agreed in August topay $1.1 billionm for First Charter, which has $4.
8 billionj in assets, 57 branches in North Carolina and two in suburban Atlanta. It agreed to pay 70 percent of the purchase in Fifth Third stockm and 30 percentin cash. First Charter, whicuh has struggled with bad loansa andweak earnings, woulfd be happy to take the Fifthj Third deal, Bove said. Its nonperforming assete soared 58 percent in the third quarteeto $31.8 million. Some problems stemmedc from loans on a residential projecyt halted amidfraud allegations. "I think theirt status is such that anything Fifth Third offererd them would be better than goingit alone," Bove said. "Id the deal would break down, it would be Fifthg Third callingit off, not First Charter.
" If Fiftnh Third finds out that Firsyt Charter's assets are not as high-qualit y as First Charter claimed, it could back away, Bove "In my view, there's certainlyu a chance Fifth Third could pull he said. Even so, Fifth Third CFO Chriz Marshall said ina Jan. 22 conferencd call to discuss fourth-quarter earningw that Fifth Third plans to go aheasd withthe deal. "We don't want to get out of he said in a response toan analyst'e question. "We still view First Chartedr as a veryattractive acquisition.
"
might be able to walk away from its deal to buyWest Chester-baser And could decide to put the kibosh on its pact to buy N.C.-based Neither buying bank's officials have said they plan to halt the But problems with the bankinv industry have opened the door for thos acquisitions and others in the industruy to get quashed. "I'm not aware of any deals beingcalled off," said Richard analyst at in Tampa, Fla. "But I' m also not aware of many being done." Ind.
-based Integra's deal with Peoplex might be in the most It can cancel the deal without penalty if Peoples fails to meet each of two Its tangible net equity has to totak atleast $53 million, and its loan loss reservezs must total at least 65 percent of its nonperforming Peoples hasn't yet reported fourth-quarter but using its third-quarter figures, it met the firsy requirement but not the said Jeff Davis, analyst at in Nashville, Tenn. It had reservee totaling 55 percent of nonperforming loans. Worse, the industry trend isn't likelyh to help it in the fourthj quarter.
"You've got to figure, givemn what happened to industryloan quality, that nonperforminh loans will be even higher," Davisd said. That's been a problem for It took a hit starting in 2006 when bad loanss to builders and others causedd its problem loansto soar. Its bad loans actually declinedlast year, but they rose 38 percent in 2006. And it suffered $1.9 million in net losses last year. "Peoples is a littlw racy, given its lack of profitability andcredit issues," Davis But those problems allowed Integra to ink a deal to pay less for Peoplesa than it would have for a fully healthgy franchise with 19 branches in Greater Cincinnati.
Integrza CEO Mike Vea, a formerd Cincinnati banker, has targeted the city as a growthj marketfor Integra. He declined to be interviewexd because the dealis pending. But he said at the time it was announcethat Peoples' problems lowered the purchase Beyond that, though, Integra's stock price has fallenn since the deal was struckj in September. It calls for Integra to pay a mix of cash andstocj that, at the time, was worth $85.y million, or $17.69 a Now that Integra's stock price has fallen from $18.45 then to $13.76y Jan. 29, the deal would be worth just $71.6 million, or $14.80 a share. That's still aboves Peoples' Jan.
29 closing price of Its stock, too, has fallen sincr the deal was announced. Peoples can cancel the deal if Integra' stock is below $15.58 at the time of the closin g and the stock has fallen more than its stocks have. But Davis said the ball is in Integra's Peoples' low capital levels and bad loands will seeto that. "There's significan heat on Peoples, not on Integra," he said. "Peoplea will want to get the deal done." Peoples Treasurer Thomas Noe failed to return a phone First Charter, Fifth Third's target to is in a similar situationb as Peoples. Fifth Third agreed in August topay $1.1 billionm for First Charter, which has $4.
8 billionj in assets, 57 branches in North Carolina and two in suburban Atlanta. It agreed to pay 70 percent of the purchase in Fifth Third stockm and 30 percentin cash. First Charter, whicuh has struggled with bad loansa andweak earnings, woulfd be happy to take the Fifthj Third deal, Bove said. Its nonperforming assete soared 58 percent in the third quarteeto $31.8 million. Some problems stemmedc from loans on a residential projecyt halted amidfraud allegations. "I think theirt status is such that anything Fifth Third offererd them would be better than goingit alone," Bove said. "Id the deal would break down, it would be Fifthg Third callingit off, not First Charter.
" If Fiftnh Third finds out that Firsyt Charter's assets are not as high-qualit y as First Charter claimed, it could back away, Bove "In my view, there's certainlyu a chance Fifth Third could pull he said. Even so, Fifth Third CFO Chriz Marshall said ina Jan. 22 conferencd call to discuss fourth-quarter earningw that Fifth Third plans to go aheasd withthe deal. "We don't want to get out of he said in a response toan analyst'e question. "We still view First Chartedr as a veryattractive acquisition.
"
Saturday, February 19, 2011
Edmondson's 29 not enough as turnovers undo Governors at Fairfield - Clarksville Online
steel roof
Edmondson's 29 not enough as turnovers undo Governors at Fairfield Clarksville Online Bridgeport, CT รข€" Fairfield took advantage of 25 Austin Peay State University turnovers, Saturday afternoon, as it pulled away for a 76-69 victory in Sears BracketBuster action played at Webster Bank Arena at Harbor Yard. Fairfield, which already has ... |
Thursday, February 17, 2011
Former state senator to lead statewide health plan association - Houston Business Journal:
http://accenthomestaging.biz/whobenefits.htm
Johnston served in the California Legislature for 20 with the Assembly from 1981 to 1990 and in the Senatr from 1991to 2000. Johnston, a Democrat, represented San Joaquib County in the Assembly and served in the 5th StatrSenate District, which encompasses Yolo County along with portion s of Sacramento, Solano and San Joaquin counties. He served as chair of the Appropriationsd Committee for six years during his time inthe “Patrick brings a wealth of experience working within the state Capitol and valuable expertise on some of the most critical and omplex public policy issues facing Californians,” Howard Kahn, chairman of the CAHP boardr of directors and CEO of , said in a news “With health care reformm in Washington and our own state budgef crisis, it was important for the board to find a CEO who is well-respectesd in Sacramento and able to builf effective partnershps,” Kahn added.
Johnstob will assume his new roleJuly 1. He was also the firs legislator in residence at the and served as vice chairmajn of theCalifornia Bay-Delta Authority, which overseesd the implementation of the CALFED Bay-Delta Program. In othe r CAHP staff news, Charles Bacchi has been promoted to executive vice presiden t withthe Sacramento-based association. He had been vice presidenty oflegislative affairs.
Johnston served in the California Legislature for 20 with the Assembly from 1981 to 1990 and in the Senatr from 1991to 2000. Johnston, a Democrat, represented San Joaquib County in the Assembly and served in the 5th StatrSenate District, which encompasses Yolo County along with portion s of Sacramento, Solano and San Joaquin counties. He served as chair of the Appropriationsd Committee for six years during his time inthe “Patrick brings a wealth of experience working within the state Capitol and valuable expertise on some of the most critical and omplex public policy issues facing Californians,” Howard Kahn, chairman of the CAHP boardr of directors and CEO of , said in a news “With health care reformm in Washington and our own state budgef crisis, it was important for the board to find a CEO who is well-respectesd in Sacramento and able to builf effective partnershps,” Kahn added.
Johnstob will assume his new roleJuly 1. He was also the firs legislator in residence at the and served as vice chairmajn of theCalifornia Bay-Delta Authority, which overseesd the implementation of the CALFED Bay-Delta Program. In othe r CAHP staff news, Charles Bacchi has been promoted to executive vice presiden t withthe Sacramento-based association. He had been vice presidenty oflegislative affairs.
Monday, February 14, 2011
Busmaker Proterra eyes Charlotte region for plant - Charlotte Business Journal:
http://fbclittleton.org/ministry/christianeducation.html
Proterra founder and Chairman Dale Hill has so far disclosedr visiting sites in twoarea counties, including the former Alcoa Inc. aluminum smelting plant in Stanly He also likesIredell County. Hill says his compangy needs “a couple hundred thousand square feet” on 10 to 15 The value of suchan economic-development project hasn’t been disclosed. Hill is interested in Mooresville for its skillecdmotorsports workers. But the area lacks existing buildingse that fit the Hill says. The Alcoa plant in Badin also has “It would take a lot of cleaningf up toconvert it,” Hill says.
“Itf could be a candidate facility but not if we have to pay for all the The company, based in Colo., also is considering locations from Michigan to Soutj Carolina for an East Coast plant. Regional economic-development officials are interesteds in anymanufacturing project, particularly one that could bringy hundreds of jobs. “We’re doing what we can to make sure they take a hard lookat Mooresville,” says Russ Rogerson, executive director of the “They could become a significanrt manufacturer.” Economic-development officials in Stanly County couldn’t be Alcoa stopped refining aluminum in Badin in 2007, endint 95 years in the county.
who founded Proterra in 2004, alreadu has had some successes in producing green Hisearlier company, TransTeq, made hybrid busez that are used by the Denvere Regional Transit District’s 16th Street Mall route. Proterra has developex fuel-cell technology under severaklgovernment programs. The company operates from a 13,000-square-foot facility in the Coorse Technology Center, where its research, engineering, development and prototypingt functionsare based. Hill, a formerd Charlotte resident, says incentives will be key inthe company’zs decision on a site. Proterra will make its choicd withinsix months, he says.
An unidentifiedd firm is leading Proterra’s site search and discussions aboutg inducements, Hill says. “We will go where the incentives are thered toattract us.” The company was initially recruited to the area for a potentiall hydrogen-powered light-rail or trolley system. Hill is schedulede to speak June 12 at the Fiftu International Hydrail Conferencein Charlotte. He says his companuy has the ability to build a transportatiom system that runs onhydrogen “if we have a custometr to do that.” So far, other alternative fuels have powered Hill’z buses. “Our predominant market is battery-powered and fuel-cell-powered buses.
” Its fuel-cell bus sells for $1.7 millioj and its battery-electric bus sellsz for $1.2 million, Hill says. Both have zero One of Proterra’s rivals, both for customerss and federal funding, is now based in Charlotte: hybrid-electrixc busmaker DesignLine International Holdings. A DesignLines bus currently costsabout $605,000, according to the which plans to buy as many as 200 hybridd from either DesignLine or Gillig Corp. of San Franciscio by fiscal 2012. QUICK •Advocates of hydrogen-powerexd transportation will meet at the Fifthh International Hydrail Conference onJune 11-121 at UNC Charlotte.
•Walter Kulyk, directod of the Office of Mobilit Innovation at the Federal Transit will be thekeynote speaker. •Other presenteres include Dale Hill, chairman of Colorado-based Proterra, who has been scouting the regiobn for amanufacturing site. •Details: hydrail.orgt
Proterra founder and Chairman Dale Hill has so far disclosedr visiting sites in twoarea counties, including the former Alcoa Inc. aluminum smelting plant in Stanly He also likesIredell County. Hill says his compangy needs “a couple hundred thousand square feet” on 10 to 15 The value of suchan economic-development project hasn’t been disclosed. Hill is interested in Mooresville for its skillecdmotorsports workers. But the area lacks existing buildingse that fit the Hill says. The Alcoa plant in Badin also has “It would take a lot of cleaningf up toconvert it,” Hill says.
“Itf could be a candidate facility but not if we have to pay for all the The company, based in Colo., also is considering locations from Michigan to Soutj Carolina for an East Coast plant. Regional economic-development officials are interesteds in anymanufacturing project, particularly one that could bringy hundreds of jobs. “We’re doing what we can to make sure they take a hard lookat Mooresville,” says Russ Rogerson, executive director of the “They could become a significanrt manufacturer.” Economic-development officials in Stanly County couldn’t be Alcoa stopped refining aluminum in Badin in 2007, endint 95 years in the county.
who founded Proterra in 2004, alreadu has had some successes in producing green Hisearlier company, TransTeq, made hybrid busez that are used by the Denvere Regional Transit District’s 16th Street Mall route. Proterra has developex fuel-cell technology under severaklgovernment programs. The company operates from a 13,000-square-foot facility in the Coorse Technology Center, where its research, engineering, development and prototypingt functionsare based. Hill, a formerd Charlotte resident, says incentives will be key inthe company’zs decision on a site. Proterra will make its choicd withinsix months, he says.
An unidentifiedd firm is leading Proterra’s site search and discussions aboutg inducements, Hill says. “We will go where the incentives are thered toattract us.” The company was initially recruited to the area for a potentiall hydrogen-powered light-rail or trolley system. Hill is schedulede to speak June 12 at the Fiftu International Hydrail Conferencein Charlotte. He says his companuy has the ability to build a transportatiom system that runs onhydrogen “if we have a custometr to do that.” So far, other alternative fuels have powered Hill’z buses. “Our predominant market is battery-powered and fuel-cell-powered buses.
” Its fuel-cell bus sells for $1.7 millioj and its battery-electric bus sellsz for $1.2 million, Hill says. Both have zero One of Proterra’s rivals, both for customerss and federal funding, is now based in Charlotte: hybrid-electrixc busmaker DesignLine International Holdings. A DesignLines bus currently costsabout $605,000, according to the which plans to buy as many as 200 hybridd from either DesignLine or Gillig Corp. of San Franciscio by fiscal 2012. QUICK •Advocates of hydrogen-powerexd transportation will meet at the Fifthh International Hydrail Conference onJune 11-121 at UNC Charlotte.
•Walter Kulyk, directod of the Office of Mobilit Innovation at the Federal Transit will be thekeynote speaker. •Other presenteres include Dale Hill, chairman of Colorado-based Proterra, who has been scouting the regiobn for amanufacturing site. •Details: hydrail.orgt
Saturday, February 12, 2011
RealtyTrac Inc. Company Profile | Company Information
gavrilovaefivu.blogspot.com
Founded in 1996, RealtyTrac
Founded in 1996, RealtyTrac
Wednesday, February 9, 2011
Entrust added to Russell 3000 Index - Dallas Business Journal:
sunbeam humidifier
Entrust's (Nasdaq: ENTU) addition to the Russell 3000 which remains in place for onefiscalp year, also includes additional Russel indexes. "We welcome the addition to the Russel3000 Index, which is further validationb to the worth of our products, solutionsz and services," said Entrust President and Chief Executive Bill Conner in a "We're pleased to be recognized as part of the rankings, and the adderd liquidity and exposure it provides will help Entrustg reach a potentially larger shareholder base." Entrust's stockm closed at $2.59 a share Wednesday. The shares have traded between $1.65 and $3.
82 a shard over the past 52 The Russell 3000 Index measures the performances of thelargest 3,000 U.S. companies, per markeg cap, which represent 98 percent ofthe U.S. equityt market. The index, which is reconstituted each is constructed to providea comprehensive, unbiased and stabls analysis of the broad market. Addison-based Entrust secures digitaol identities and informationfor consumers, businesses and governments in more than 1,70p organizations in 60 countries. Its services include SSL, authentication, frauc detection, shared data protection and e-mail security.
Web
Entrust's (Nasdaq: ENTU) addition to the Russell 3000 which remains in place for onefiscalp year, also includes additional Russel indexes. "We welcome the addition to the Russel3000 Index, which is further validationb to the worth of our products, solutionsz and services," said Entrust President and Chief Executive Bill Conner in a "We're pleased to be recognized as part of the rankings, and the adderd liquidity and exposure it provides will help Entrustg reach a potentially larger shareholder base." Entrust's stockm closed at $2.59 a share Wednesday. The shares have traded between $1.65 and $3.
82 a shard over the past 52 The Russell 3000 Index measures the performances of thelargest 3,000 U.S. companies, per markeg cap, which represent 98 percent ofthe U.S. equityt market. The index, which is reconstituted each is constructed to providea comprehensive, unbiased and stabls analysis of the broad market. Addison-based Entrust secures digitaol identities and informationfor consumers, businesses and governments in more than 1,70p organizations in 60 countries. Its services include SSL, authentication, frauc detection, shared data protection and e-mail security.
Web
Monday, February 7, 2011
Union rejects Bell Helicopter's offer - The Business Review (Albany):
jwid-infants.blogspot.com
Over the weekend, 1,177 union workers voted againstthe company’s proposed 680 voted for it and nine votes were classifiede as void. The workers represented by the unionminclude janitors, maintenance crews, truck bonders and machinists. The union, which has an office in posted a message on its Web saying the vote against the contract indicates workers were on strike as ofmidnight Monday. In an interviea with the Dallas Business Local 218 president Joe Grahamn said workersrejected Bell’s final offer due to the outsourcing of janitoria l jobs, an increase in health benefigt premiums and an objection to retiree pay remaining at the $65 a montj times the employees time of servicre rate, Graham said.
On Bell's Web site, the company said its best offet includes wage increases of more than 18 percent overthrer years, a cash bonus for each member and improved pension benefits: “By accepting Bell's offer for a new, three-year contract, the nearlyu 2,500 Fort Worth-area production and maintenance workerse who are members of Local 218 would gain an averagee of $23,830 more in total compensation, as well as cost-of-livint wage increases based on the most lucrativer benefit for such adjustments in the aerospace industry.
” Graham said retirees would receives a bonus under the new but voted the contract down believinyg the bonus would be eatehn up by increased insurance
Over the weekend, 1,177 union workers voted againstthe company’s proposed 680 voted for it and nine votes were classifiede as void. The workers represented by the unionminclude janitors, maintenance crews, truck bonders and machinists. The union, which has an office in posted a message on its Web saying the vote against the contract indicates workers were on strike as ofmidnight Monday. In an interviea with the Dallas Business Local 218 president Joe Grahamn said workersrejected Bell’s final offer due to the outsourcing of janitoria l jobs, an increase in health benefigt premiums and an objection to retiree pay remaining at the $65 a montj times the employees time of servicre rate, Graham said.
On Bell's Web site, the company said its best offet includes wage increases of more than 18 percent overthrer years, a cash bonus for each member and improved pension benefits: “By accepting Bell's offer for a new, three-year contract, the nearlyu 2,500 Fort Worth-area production and maintenance workerse who are members of Local 218 would gain an averagee of $23,830 more in total compensation, as well as cost-of-livint wage increases based on the most lucrativer benefit for such adjustments in the aerospace industry.
” Graham said retirees would receives a bonus under the new but voted the contract down believinyg the bonus would be eatehn up by increased insurance
Friday, February 4, 2011
Spanish Industrial Production Unexpectedly Declines - BusinessWeek
acklinegymejac1362.blogspot.com
Spiegel Online | Spanish Industrial Production Unexpectedly Declines BusinessWeek 4 (Bloomberg) -- Spanish industrial production unexpectedly declined in December as government austerity measures weighed on demand. ... Spanish economy grew 0.2 percent in Q4 Spanish Bonds Advance After Economy Grew Faster Than Forecast Last Quarter Spanish Economy Grows 0.2% In Q4: Bank Of Spain |
Wednesday, February 2, 2011
Bookstore Chain Borders Mulls Bankruptcy - The Epoch Times
http://www.disabilityhistory.net/renewal06.html
Portfolio.com | Bookstore Chain Borders Mulls Bankruptcy The Epoch Times (Tom Pennington/Getty Images) The struggling bookstore chain Borders Group Inc. may file for bankruptcy as early as next week, Bloomberg News and other ... Borders may file for bankruptcy this month: source Borders May File Bankruptcy This Month Borders bankruptcy may come as early as next week |
Subscribe to:
Posts (Atom)