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million to to fund research in therapies like bone marroaw and cordblood transplantation. The gift from Dolores Jordann — on behalf of her late husbandeand brother-in-law — will help the research centef create an endowed chair for a stem cell researcherr while establishing the and Cellular Therapies Research. That could help compete for money from the the state’s taxpayer-backed stem cell researchy funding agency — as well as other government agencies and privatee funders. Bone marrow and cord blood transplantationa are used to treat a variety of diseases, including leukemia and sickld cell anemia.
Future cellular therapy researchat Children’s may focue on treatments for diabetes, lung Crohn’s disease and brain damage caused by oxygen shortagese during childbirth, said Dr. Bert Lubin, the center’xs senior vice president. “Fund-raisers often talk about gifts and sometimes exaggerate the importancee of aparticular gift. In this case, it is no exaggeration to say that the Jordaj family gift is truly transformative for the research program at saidBrad Barber, Children’s chief development in a press release.
Dolore Jordan’s husband, Hanabul “Bud” owned a Hayward construction business, and his brother, Lowell, ran the family’w cattle ranch in Dublin. The sale of the Jordann family’s ranch funded the gift. The family previouslyg donated morethan $420,000 to Children’s Hospital programs, including 1999 and 2000 gifts for the hospital’sx blood and marrow transplant program.
Monday, July 30, 2012
Sunday, July 29, 2012
Digital switchover catches some unaware - The Business Journal of the Greater Triad Area:
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That switch is taking place nationwide today, and is operatint a help center for consumers in cooperation withthe . As of 11 549 people had calledthe toll-freed number for the help center to ask According to preliminary data from Elon, most of thoser callers were asking for help gettinvg a federally sponsored coupon that covers part of the cost of buyinbg a converter box. Other callers were receiving analog errord messages even though their TVs were hooked up to which should avoidthe problem, or having other Only 30 of the callers in the morning were from the Most of those having trouble were in Charlotte or The toll-free number is available toda y and tomorrow at (877) 410-3388.
That switch is taking place nationwide today, and is operatint a help center for consumers in cooperation withthe . As of 11 549 people had calledthe toll-freed number for the help center to ask According to preliminary data from Elon, most of thoser callers were asking for help gettinvg a federally sponsored coupon that covers part of the cost of buyinbg a converter box. Other callers were receiving analog errord messages even though their TVs were hooked up to which should avoidthe problem, or having other Only 30 of the callers in the morning were from the Most of those having trouble were in Charlotte or The toll-free number is available toda y and tomorrow at (877) 410-3388.
Saturday, July 28, 2012
Stanford Medical School nets $6.9M in federal stimulus funding - Triangle Business Journal:
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million in federal economid stimulus funding. Eleven of the newly fundef projects hadbeen peer-reviewed and approved but hadn’t received moneyy yet. Another six involved supplemental grants to existing And inone case, the NIH awardedr $500,000 to a researcher to buy two photon microscopes that will be shared with othefr laboratories. These projects are the first at the medical school to receive support under theObamqa administration’s national stimulus plan, with additional grants expected down the road, officials said. “Thixs is a lifesaver,” said Francis Blankenberg, associate professor of radiology and of whoreceived $655,000 in stimulux funds.
“It really stabilizes the Philip Pizzo, M.D., dean of the School of Medicine, said the stimulus funding is critical tothe country’sx health-care reform effort because of the linkags between research and medical care. “After six yearsd of NIH funding that constantlgy lost its value againstinflation — with a profoundly negativew impact on our nation’s prized biomedical researcjh enterprise — the stimulus fundinvg is helping to take researcn off life support and breathe new hope for work that we hope will ultimatel y improve the lives of adults and children,” Pizzo said in the June 16
million in federal economid stimulus funding. Eleven of the newly fundef projects hadbeen peer-reviewed and approved but hadn’t received moneyy yet. Another six involved supplemental grants to existing And inone case, the NIH awardedr $500,000 to a researcher to buy two photon microscopes that will be shared with othefr laboratories. These projects are the first at the medical school to receive support under theObamqa administration’s national stimulus plan, with additional grants expected down the road, officials said. “Thixs is a lifesaver,” said Francis Blankenberg, associate professor of radiology and of whoreceived $655,000 in stimulux funds.
“It really stabilizes the Philip Pizzo, M.D., dean of the School of Medicine, said the stimulus funding is critical tothe country’sx health-care reform effort because of the linkags between research and medical care. “After six yearsd of NIH funding that constantlgy lost its value againstinflation — with a profoundly negativew impact on our nation’s prized biomedical researcjh enterprise — the stimulus fundinvg is helping to take researcn off life support and breathe new hope for work that we hope will ultimatel y improve the lives of adults and children,” Pizzo said in the June 16
Thursday, July 26, 2012
Baldur's Gate: Enhanced Edition gets September release date - SlashGear
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SlashGear | Baldur's Gate: Enhanced Edition gets September release date SlashGear Overhaul Games confirmed today that the PC version of Baldur's Gate: Enhanced Edition will be arriving on September 18. The Mac and iPad versions are also releasing sometime in September, but sadly Overhaul didn't want to talk specific dates for those ... Baldur's Gate Enhanced Edition For PC Release Date Announced Baldur's Gate: Enhanced Edition Hits iOS September 18, Android Version TBD Baldur's Gate Is Back. New Characters, Dungeon Coming September 18 |
Wednesday, July 25, 2012
Aurora opening Summit clinic early - Portland Business Journal:
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The Aurora Wilkinson Medical Clinic will open October 26 and will replac e the current Aurora Wilkinson Medicap Clinic at 915Summit Ave. in although urgent care servicees will continue to beoffered there. The new clinicf also will replace the AuroraWilkinson Women’s Centerd and the Aurora Vision Center, both currently in The other Aurora Wilkinson Medical Clinic locationw – in Hartland, Dousman, Delafield, Wales and Waukesha – will continue to serve patients. “October 26 will represent the starf of a new era in health care in this said Dr.
David Ulery, presidentt of Aurora WilkinsonMedical “The opening of our new clinicc and cancer center will move us closer to a fully integrated system of care for the people of westermn Waukesha County.” Meanwhile, the hospitap part of the project remainas on schedule to open in early 2010, Aurorza officials said. The Wilkinson clinic will open at the same time as the new Vincs Lombardi Cancer Clinic on theSummit campus. The new Aurorwa Medical Center campus in the Town of Summir is at the southeast cornetr of Interstate 94 andHighway 67. The new Auroraq Wilkinson Medical Clinic will be on the west side of the and the new Vince Lombardi Cancefr Clinic is on thesouth side.
The Aurora Wilkinson Medical Clinic will open October 26 and will replac e the current Aurora Wilkinson Medicap Clinic at 915Summit Ave. in although urgent care servicees will continue to beoffered there. The new clinicf also will replace the AuroraWilkinson Women’s Centerd and the Aurora Vision Center, both currently in The other Aurora Wilkinson Medical Clinic locationw – in Hartland, Dousman, Delafield, Wales and Waukesha – will continue to serve patients. “October 26 will represent the starf of a new era in health care in this said Dr.
David Ulery, presidentt of Aurora WilkinsonMedical “The opening of our new clinicc and cancer center will move us closer to a fully integrated system of care for the people of westermn Waukesha County.” Meanwhile, the hospitap part of the project remainas on schedule to open in early 2010, Aurorza officials said. The Wilkinson clinic will open at the same time as the new Vincs Lombardi Cancer Clinic on theSummit campus. The new Aurorwa Medical Center campus in the Town of Summir is at the southeast cornetr of Interstate 94 andHighway 67. The new Auroraq Wilkinson Medical Clinic will be on the west side of the and the new Vince Lombardi Cancefr Clinic is on thesouth side.
Monday, July 23, 2012
PwC hires CBRE for relocation opportunities - Atlanta Business Chronicle:
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has hired CB . as its strategic real estatw adviser forthe firm’s Atlanta New York-based PwC leases about 150,000 square feet at 10 Tent Street. The lease expires in late 2012. The CBRE which consists of John Shlesingerfrom CBRE’s Atlantq office and Timothy Dempsey from CBRE’xs New York office, will examine the accounting firm’d potential relocation opportunities throughout greater Atlanta, as well as represent PwC in any discussionss with its current landlord. CBRE, PwC’sx national real estate services provider, provides transaction management and project managementt services throughout the United States on behalfof PwC.
Abour 10 years ago, PricewaterhouseCoopers moved nearly 860 employeesxto Midtown’s 10 Tenth St., known as the Millennium officr building, located at 10th and West Peachtree That deal gave a huge boost to what was then a struggling Midtown office market. PricewaterhouseCoopers joins many othedr large professional services firms that are starting their searchb for new leases in theAtlantza market, including Big Four competitor and downtown offic e tenant , which is currently housed at SunTrust Plaza. a real estate joint venture between Georgia-Pacific LLC and MetLifwe Inc.
, recently awarded the leasing and managementof Georgia-Pacifidc Center to The firm will begib the assignment on June 16. has beenmarketing and managingthe 52-story,1.21 million-square-foot tower at 133 Peachtree St. Georgia-Pacific leases 820,000 square feet for its corporatr headquarters. Georgia-Pacific Center has abougt 124,000 square feet of contiguous spac available for lease onthe 26th, 27th, 29th, 30th and 31st floors. The building is 87 percenyt leased. Jones Lang LaSalle Managing Directo Linda Bolan willlead management-transition efforts, while Mark Harringtonb and Jamilyn Boze will be responsible for the daily managementt of the property.
Jones Lang LaSalle senior vice presidentx Glenn Aspinwall and Jeff Frantx willlead leasing. “We’ve assembled an all-star team to work with GA-METg to further the succes s of thislandmark building,” said Clarok Gore, Jones Lang LaSalle Atlanta market director. “It’xs a great asset and a terrific opportunit y to continue to prove our capabilities and the qualit y of our Atlanta leadership Leasing and management ofthe Georgia-Pacific Center adds to Joneas Lang LaSalle’s significant downtown The firm also leases 230 Peachtree Street and manage s the United Way of Metropolitan Atlantaw Inc.’s downtown headquarters.
In addition, Jones Lang LaSalle’sd Project and Development Services team is leading the redevelopment of the Hiltobn Atlanta and the HyattRegency Atlanta, after also completing development and redevelopment efforts for the World of Coca-Cola and the Atlanta Marriott Marquis in the past two years. The team is also developintg GeorgiaState University’s $160 milliomn Science Park in Atlanta’s downtown submarket. Jones Lang LaSalle leasees and manages about 9 million squares feet inmetro Atlanta.
recently sold its Post Dunwoody apartments forabouft $47 million, the largest multifamilyu transaction of the year in Atlanta and a sign that some typex of real estate lendinbg are picking up. In a deal that closed in Post (NYSE: PPS) sold the 530-unirt apartment complex to andfor $47.4 million, or $89,434 a Fulton County had valuedf the property at nearly $51 or about $97,000 a Freddie Mac (FRE) originated a nearly $36 million loan to fund the according to The deal resulted in a 75 percentr loan to value.
has hired CB . as its strategic real estatw adviser forthe firm’s Atlanta New York-based PwC leases about 150,000 square feet at 10 Tent Street. The lease expires in late 2012. The CBRE which consists of John Shlesingerfrom CBRE’s Atlantq office and Timothy Dempsey from CBRE’xs New York office, will examine the accounting firm’d potential relocation opportunities throughout greater Atlanta, as well as represent PwC in any discussionss with its current landlord. CBRE, PwC’sx national real estate services provider, provides transaction management and project managementt services throughout the United States on behalfof PwC.
Abour 10 years ago, PricewaterhouseCoopers moved nearly 860 employeesxto Midtown’s 10 Tenth St., known as the Millennium officr building, located at 10th and West Peachtree That deal gave a huge boost to what was then a struggling Midtown office market. PricewaterhouseCoopers joins many othedr large professional services firms that are starting their searchb for new leases in theAtlantza market, including Big Four competitor and downtown offic e tenant , which is currently housed at SunTrust Plaza. a real estate joint venture between Georgia-Pacific LLC and MetLifwe Inc.
, recently awarded the leasing and managementof Georgia-Pacifidc Center to The firm will begib the assignment on June 16. has beenmarketing and managingthe 52-story,1.21 million-square-foot tower at 133 Peachtree St. Georgia-Pacific leases 820,000 square feet for its corporatr headquarters. Georgia-Pacific Center has abougt 124,000 square feet of contiguous spac available for lease onthe 26th, 27th, 29th, 30th and 31st floors. The building is 87 percenyt leased. Jones Lang LaSalle Managing Directo Linda Bolan willlead management-transition efforts, while Mark Harringtonb and Jamilyn Boze will be responsible for the daily managementt of the property.
Jones Lang LaSalle senior vice presidentx Glenn Aspinwall and Jeff Frantx willlead leasing. “We’ve assembled an all-star team to work with GA-METg to further the succes s of thislandmark building,” said Clarok Gore, Jones Lang LaSalle Atlanta market director. “It’xs a great asset and a terrific opportunit y to continue to prove our capabilities and the qualit y of our Atlanta leadership Leasing and management ofthe Georgia-Pacific Center adds to Joneas Lang LaSalle’s significant downtown The firm also leases 230 Peachtree Street and manage s the United Way of Metropolitan Atlantaw Inc.’s downtown headquarters.
In addition, Jones Lang LaSalle’sd Project and Development Services team is leading the redevelopment of the Hiltobn Atlanta and the HyattRegency Atlanta, after also completing development and redevelopment efforts for the World of Coca-Cola and the Atlanta Marriott Marquis in the past two years. The team is also developintg GeorgiaState University’s $160 milliomn Science Park in Atlanta’s downtown submarket. Jones Lang LaSalle leasees and manages about 9 million squares feet inmetro Atlanta.
recently sold its Post Dunwoody apartments forabouft $47 million, the largest multifamilyu transaction of the year in Atlanta and a sign that some typex of real estate lendinbg are picking up. In a deal that closed in Post (NYSE: PPS) sold the 530-unirt apartment complex to andfor $47.4 million, or $89,434 a Fulton County had valuedf the property at nearly $51 or about $97,000 a Freddie Mac (FRE) originated a nearly $36 million loan to fund the according to The deal resulted in a 75 percentr loan to value.
Sunday, July 22, 2012
Crist signs bill to battle securities fraud - Atlanta Business Chronicle:
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During a ceremonial bill signingf Monday atthe Miami-Dade Countyt Courthouse, Crist, with Attorney General Bill McCollumk and some of the bill’d sponsors at his side, signed the Investor Protection Act (HB 483). It gives McCollum’s office, with approva l from the , the authorituy to investigate andprosecute large-scale securities scams under the state’s securities law. Previously, white-colladr criminal prosecutions fell under theracketeerinb statute, which is harder to prove. Prosecutione also were limited to the office ofthe state’as attorney, McCollum pointed out.
Crist notexd that this kind of authority was lacking durinbg his tenure as attorney general and that this law woulfput “teeth” into the state’s prosecutorial powers. The law enhances the Offics ofFinancial Regulation’s enforcement powers by increasinh penalties for violators and strengthening the license registration requirementa for securities dealers. Penalties double from $5,000 to $10,000 as a resulty of the law, which goes into effect Wednesday. Stat e authorities will also be able to pursue civil lawsuite to recoverlost money, McCollukm said. McCollum worked with Rep. Tom Grady, R-Naplex and Sen. Garrett Richter, R-Naplea on the legislation.
Both attended the signing. Sen. Dan Gelber, D-Miami a bill sponsor, also attended Monday’s Grady is a securities attorney and experg in securities regulation who drafted the bill and sponsored it inthe “Now the attorney general will have the tool s to do the job,” said prior to the signing. “Our economy will grow strongert if investors have confidence in ourfinancial markets,” he said in a statement. “By increasingy the tools available to the state to prosecutw violators of oursecurities laws, we protect investorw and foster needed trust in the system.
During a ceremonial bill signingf Monday atthe Miami-Dade Countyt Courthouse, Crist, with Attorney General Bill McCollumk and some of the bill’d sponsors at his side, signed the Investor Protection Act (HB 483). It gives McCollum’s office, with approva l from the , the authorituy to investigate andprosecute large-scale securities scams under the state’s securities law. Previously, white-colladr criminal prosecutions fell under theracketeerinb statute, which is harder to prove. Prosecutione also were limited to the office ofthe state’as attorney, McCollum pointed out.
Crist notexd that this kind of authority was lacking durinbg his tenure as attorney general and that this law woulfput “teeth” into the state’s prosecutorial powers. The law enhances the Offics ofFinancial Regulation’s enforcement powers by increasinh penalties for violators and strengthening the license registration requirementa for securities dealers. Penalties double from $5,000 to $10,000 as a resulty of the law, which goes into effect Wednesday. Stat e authorities will also be able to pursue civil lawsuite to recoverlost money, McCollukm said. McCollum worked with Rep. Tom Grady, R-Naplex and Sen. Garrett Richter, R-Naplea on the legislation.
Both attended the signing. Sen. Dan Gelber, D-Miami a bill sponsor, also attended Monday’s Grady is a securities attorney and experg in securities regulation who drafted the bill and sponsored it inthe “Now the attorney general will have the tool s to do the job,” said prior to the signing. “Our economy will grow strongert if investors have confidence in ourfinancial markets,” he said in a statement. “By increasingy the tools available to the state to prosecutw violators of oursecurities laws, we protect investorw and foster needed trust in the system.
Saturday, July 21, 2012
Some insurers beat Poizner to comp rate punch - Minneapolis / St. Paul Business Journal:
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Several major players, including and severalp entities have filed for rates far belowthe 23.7 percent averagre increase recommended late last month by the , an industry-supported advisory group, according to a report late last week by Comp Executive, an industry newsletter. The newsletterr reported May 21 that Zenith has filed for a 4percenft increase, and two Berkshire Hathawayt companies, and , filed for 10.3 percent In addition, three companies owned by the Guardf Insurance Group have filed for increases ranging from 2.2 percenty to 5 percent, according to Workers’ Comp Executive.
The filings have not yet appeared on the California Departmenttof Insurance’s web site listings, whichb were last updated May 15, and DOI officials coul not immediately provide confirmation of the But it appears that Zenith and Berkshire Hathaway are betting that they can make mone y without shooting the moon on pricing. Stanley Zax, Woodland Hills-basedc Zenith’s chairman and president, confirmed the 4 percent but declined to comment onwhy Zenith’s proposed increase came in so far below the WCIRnB recommendation. Last fall, Poizner recommended a 5 percent increassefor Jan. 1 rates, and most companies came in with increases close tothat recommendation.
But some observers said earliert this year that much steeper increaseas could be in the offing for TheCalifornia workers’ compensation market “right now is clearly watching and waiting to see what Poizner’s reactionb will be,” Hale Johnston, Pacific Regioj senior vice president and regionakl manager for Employers Insurance Co. of said last month. His company wrote $222.4 million in California workers’ comp coverage last year.
Several major players, including and severalp entities have filed for rates far belowthe 23.7 percent averagre increase recommended late last month by the , an industry-supported advisory group, according to a report late last week by Comp Executive, an industry newsletter. The newsletterr reported May 21 that Zenith has filed for a 4percenft increase, and two Berkshire Hathawayt companies, and , filed for 10.3 percent In addition, three companies owned by the Guardf Insurance Group have filed for increases ranging from 2.2 percenty to 5 percent, according to Workers’ Comp Executive.
The filings have not yet appeared on the California Departmenttof Insurance’s web site listings, whichb were last updated May 15, and DOI officials coul not immediately provide confirmation of the But it appears that Zenith and Berkshire Hathaway are betting that they can make mone y without shooting the moon on pricing. Stanley Zax, Woodland Hills-basedc Zenith’s chairman and president, confirmed the 4 percent but declined to comment onwhy Zenith’s proposed increase came in so far below the WCIRnB recommendation. Last fall, Poizner recommended a 5 percent increassefor Jan. 1 rates, and most companies came in with increases close tothat recommendation.
But some observers said earliert this year that much steeper increaseas could be in the offing for TheCalifornia workers’ compensation market “right now is clearly watching and waiting to see what Poizner’s reactionb will be,” Hale Johnston, Pacific Regioj senior vice president and regionakl manager for Employers Insurance Co. of said last month. His company wrote $222.4 million in California workers’ comp coverage last year.
Thursday, July 19, 2012
Financial News - Commercial Banking and Financial News
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| Associated General Contractors | | | | | | Bank of Americq | | | Bank of America Corporation | | | | | | | | | | | | | | | | | | | | | Bureayu of Labor Statistics | | | | | | | | | | CDC Federalp Credit Union | | | | | | | | | | | | | | | | | | | | | | | Commonwealty National Bank | | | | | | | | Countrywide Financial Corp. | | | | | | | | | | | | | | | | | | | | | | | Federap Deposit Insurance Corp. | Federal Deposit Insurance Corporation | | | | | | | | | | | | | | | | Firsf National Bank of Nevada | First Niagara Financial Group, Inc. | | | | | | | | | | | | | | | | | | Goldmaj Sachs | | | | | | | Guarantuy Bank | | | | | | | | | | | | | | | | | | | | | | JPMorgam Chase & Co.
| | | | | | | | | | | | | | | | Lehmanj Brothers Holdings Inc. | | | | | | | | | | | | | | | | Merrillp Lynch | Merrill Lynch & Co., Inc. | Merrillk Lynch& Co. Inc. | | | | | | | | Morgan Stanley | Mutual of Omaha Bank | | National Associationn of Government GuaranteedLenders | | National Credit Union Administration | | | | | | | | | | | Offic e of Management and Budgetr | | Office of Thrift Supervision | | | | | | | | | PNC Bank | | | | | | | | Regionx Bank | | Regions Financial Corporation | | | | | | | | | | | | | | | | | | | | SCBT Financiak Corporation | | | | | | | | Smalk Business Administration | | | | | Stanforc Financial Group | | | Starbuck Corporation | | | | | | | | | | | SunTrusg Banks, Inc.
| | | | | | | | | | | | | | | | The Carsomn Medlin Company | | | | | | | | | | | | | | | | | | | | | U.S. Departmentr of Agriculture | U.S. Securities and Exchange Commissionb | | U.S. Treasury Department | | | | | | Unitedr States Small BusinessAdministration | | | | | | | | | Wachovi Corporation | | | | | | | Wells Fargo & Company | | | | | | |
| Associated General Contractors | | | | | | Bank of Americq | | | Bank of America Corporation | | | | | | | | | | | | | | | | | | | | | Bureayu of Labor Statistics | | | | | | | | | | CDC Federalp Credit Union | | | | | | | | | | | | | | | | | | | | | | | Commonwealty National Bank | | | | | | | | Countrywide Financial Corp. | | | | | | | | | | | | | | | | | | | | | | | Federap Deposit Insurance Corp. | Federal Deposit Insurance Corporation | | | | | | | | | | | | | | | | Firsf National Bank of Nevada | First Niagara Financial Group, Inc. | | | | | | | | | | | | | | | | | | Goldmaj Sachs | | | | | | | Guarantuy Bank | | | | | | | | | | | | | | | | | | | | | | JPMorgam Chase & Co.
| | | | | | | | | | | | | | | | Lehmanj Brothers Holdings Inc. | | | | | | | | | | | | | | | | Merrillp Lynch | Merrill Lynch & Co., Inc. | Merrillk Lynch& Co. Inc. | | | | | | | | Morgan Stanley | Mutual of Omaha Bank | | National Associationn of Government GuaranteedLenders | | National Credit Union Administration | | | | | | | | | | | Offic e of Management and Budgetr | | Office of Thrift Supervision | | | | | | | | | PNC Bank | | | | | | | | Regionx Bank | | Regions Financial Corporation | | | | | | | | | | | | | | | | | | | | SCBT Financiak Corporation | | | | | | | | Smalk Business Administration | | | | | Stanforc Financial Group | | | Starbuck Corporation | | | | | | | | | | | SunTrusg Banks, Inc.
| | | | | | | | | | | | | | | | The Carsomn Medlin Company | | | | | | | | | | | | | | | | | | | | | U.S. Departmentr of Agriculture | U.S. Securities and Exchange Commissionb | | U.S. Treasury Department | | | | | | Unitedr States Small BusinessAdministration | | | | | | | | | Wachovi Corporation | | | | | | | Wells Fargo & Company | | | | | | |
Wednesday, July 18, 2012
Developer buys prime sites in Bloomington, Hopkins - Minneapolis / St. Paul Business Journal:
ovaluleq.wordpress.com
Hoyt, who heads Wayzata-based , has retainesd to market the propertuy nationally for a corporate campus with 500to 1,000o jobs for one or more companies. Deere, the Ill.-based farm-equipment manufacturer, put the facility on the markegtin February. It closed the 200,000-square-foot warehous in April. Tom Simon, first vice president in CB Richards Ellis' Bloomington office, will kick off a national marketingv campaign in about two weeks to find tenants for the Simonsaid he's already had abou a half-dozen serious inquiries aboutr the building since the start of October.
CB Richar Ellis is listing the buildinb for saleat $20 million, but that price is likelyh to go up based on initial demand and rising constructiomn costs for comparable new facilities, Simon said. He wouldf not disclose Deere's selling price to Deere officials and Hoyt could not be reachefdfor comment. Continental Property Group, which had revenue of $53 millio in 2004, has developed and owns milliona of square feet acrossthe country. It annually ranksw between fifth and 10th on TheBusiness Journal's list of the Top 25 Real Estate Developers in the Twin Cities. Simonj said the new owner is "already in negotiationsx for adding onto the building Simon said.
He declinex to provide further details. The existinf building could be expanded upto 600,000 or 800,000o square feet, Simon said. That wouldf still leave room on the site foradditionak development. "We will look to maximize that site and are lookingy forgood high-paying jobs to replacr the ones that were he said. Deere had about 130 employees at the facilityh asof 2000. The parcel is zoned for industrialk space, and Simon doesn't see it beingf a big residentialredevelopment site, although he didn't completely rule out some "We are investigating all our he said.
In addition to the Deerw facility, Continental closed this week on anothef significant vacant industrialbuilding -- this one in Hopkins -- that Simo is marketing for potential users. The property is a 355,000-square-foot warehouse on 16 acrees that was formerly the headquarterws ofRainbow Foods. The at 8000 Excelsior Blvd., is on the north side of the just east ofBlake Road. Continentap has been working on buyint the property for more than two years in acomplex "multi-legged Simon said. The deal was complicated by the bankruptcygof Rainbow's former parent Fleming Cos. Inc.
of Lewisville, Texas, and the variouss stakes of insurance firms andformer Now, the property will have one ownert and a fresh start, Simon Continental plans to start rightr away on overdue repairs to the roof, heating and electricalp systems. Like the Bloomington property, Simon said this site is being marketesd for lease orfor sale. The asking price is $10
Hoyt, who heads Wayzata-based , has retainesd to market the propertuy nationally for a corporate campus with 500to 1,000o jobs for one or more companies. Deere, the Ill.-based farm-equipment manufacturer, put the facility on the markegtin February. It closed the 200,000-square-foot warehous in April. Tom Simon, first vice president in CB Richards Ellis' Bloomington office, will kick off a national marketingv campaign in about two weeks to find tenants for the Simonsaid he's already had abou a half-dozen serious inquiries aboutr the building since the start of October.
CB Richar Ellis is listing the buildinb for saleat $20 million, but that price is likelyh to go up based on initial demand and rising constructiomn costs for comparable new facilities, Simon said. He wouldf not disclose Deere's selling price to Deere officials and Hoyt could not be reachefdfor comment. Continental Property Group, which had revenue of $53 millio in 2004, has developed and owns milliona of square feet acrossthe country. It annually ranksw between fifth and 10th on TheBusiness Journal's list of the Top 25 Real Estate Developers in the Twin Cities. Simonj said the new owner is "already in negotiationsx for adding onto the building Simon said.
He declinex to provide further details. The existinf building could be expanded upto 600,000 or 800,000o square feet, Simon said. That wouldf still leave room on the site foradditionak development. "We will look to maximize that site and are lookingy forgood high-paying jobs to replacr the ones that were he said. Deere had about 130 employees at the facilityh asof 2000. The parcel is zoned for industrialk space, and Simon doesn't see it beingf a big residentialredevelopment site, although he didn't completely rule out some "We are investigating all our he said.
In addition to the Deerw facility, Continental closed this week on anothef significant vacant industrialbuilding -- this one in Hopkins -- that Simo is marketing for potential users. The property is a 355,000-square-foot warehouse on 16 acrees that was formerly the headquarterws ofRainbow Foods. The at 8000 Excelsior Blvd., is on the north side of the just east ofBlake Road. Continentap has been working on buyint the property for more than two years in acomplex "multi-legged Simon said. The deal was complicated by the bankruptcygof Rainbow's former parent Fleming Cos. Inc.
of Lewisville, Texas, and the variouss stakes of insurance firms andformer Now, the property will have one ownert and a fresh start, Simon Continental plans to start rightr away on overdue repairs to the roof, heating and electricalp systems. Like the Bloomington property, Simon said this site is being marketesd for lease orfor sale. The asking price is $10
Monday, July 16, 2012
SunTrust to raise $1.4 billion in stock offer - Charlotte Business Journal:
lehoquvuhu.wordpress.com
billion through a stock offeriny to boost its capitalk to meet federalgovernment requirements, the Atlanta-based bank said The Atlanta-based bank wants to sell 108 millionb shares at $13 a share. In relation to the offering, SunTrusft (NYSE: STI) suspended its previously announced $1.25 billiobn “at the market” offer, whicnh raised $260 million. Further, SunTrust began an offer to buy upto $1 billion liquidation preference or amount of certain of its currentlyh outstanding preferred and hybrid securities for cash using proceedss from the $1.4 billionm equity offering. The moves come after the federal government’s “stresa test” found SunTrust needed to raise $2.
2 billionj in capital. And while SunTrust had sufficient tier 1 capital to absornb projectedloan losses, its capital “tilted too to sources other than common equity, the stress test After completing the offerings announced Mondahy and prior, SunTrust expects to have fully satisfied its obligation. "Today's announcement underscorese that we are on a clear path to achiev our previously announced capital objectives as we intensifyg our focus onthe future," said James M.
Wellsz III, SunTrust chairman and CEO, in a Wells also noted completiohn ofthe company's capital-relaterd initiatives will boost its ability to upon regulatory approval and at the appropriate preferred stock gotten through participation in the U.S. Treasury's Capitalk Purchase Plan.
billion through a stock offeriny to boost its capitalk to meet federalgovernment requirements, the Atlanta-based bank said The Atlanta-based bank wants to sell 108 millionb shares at $13 a share. In relation to the offering, SunTrusft (NYSE: STI) suspended its previously announced $1.25 billiobn “at the market” offer, whicnh raised $260 million. Further, SunTrust began an offer to buy upto $1 billion liquidation preference or amount of certain of its currentlyh outstanding preferred and hybrid securities for cash using proceedss from the $1.4 billionm equity offering. The moves come after the federal government’s “stresa test” found SunTrust needed to raise $2.
2 billionj in capital. And while SunTrust had sufficient tier 1 capital to absornb projectedloan losses, its capital “tilted too to sources other than common equity, the stress test After completing the offerings announced Mondahy and prior, SunTrust expects to have fully satisfied its obligation. "Today's announcement underscorese that we are on a clear path to achiev our previously announced capital objectives as we intensifyg our focus onthe future," said James M.
Wellsz III, SunTrust chairman and CEO, in a Wells also noted completiohn ofthe company's capital-relaterd initiatives will boost its ability to upon regulatory approval and at the appropriate preferred stock gotten through participation in the U.S. Treasury's Capitalk Purchase Plan.
Sunday, July 15, 2012
Outlook unclear: CFOs navigate cloudy financial times - Boston Business Journal:
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The Boston Business Journap recently hosted four area CFOs for an involver discussion that touched on issues ranging from the risin cost of health care to concernds over the banking The participants in the Boston Businessd Journal roundtable wereDarlene Deptula-Hicks of in N.H.; Louise Mawhinney of Ikonisyds in New Haven, Conn.; Kevij Walsh of in Boston; and Steve Wasserman of in The BBJ would like to thank these executives for taking time out of their busy schedules to join us. We’dx also like to thank the Massachusetts chapter of for its assistance in settingg upthe discussion.
Boston Business What on earth happened in the lastsix months, and how does it affec you in your day-to-day life? What do you say to folks What do you say to your mothere when she asks you what’s going on? Deptula-Hicks: These are very unprecedented times. I’ve never seen anything like this before, and I think it brings a whole new host of challenges in this I know forus particularly, last year was a gangbustert year — we broke We put record Q2 results on the we beat it with a record Q3, and we thoughy we were going to put a recor d Q4 on the table. And the bottom just sort of dropped out.
While I think we had a respectable fourtbh quarter because we had a lot of thingsd going on inthe pipeline, it just becamw a very different time. I thinlk what we can look forward to this year is a greag level of uncertainty because of these sort ofunchartedc waters. We’re having difficulty understanding where the business is going to end up for the Have wehit bottom? Clearlyy we’re a strong company, so we’ll be able to weathe r this fine, we’re not worried abourt that. But we’re really sort of forecasting what is this year goingg tolook like? It’s a very big question.
I don’t remember this much uncertaintgy inan economy, and I’nm old enough to remember other recessions. I’m knocking on wood — I’m with Constangt Contact, we offer a very low-price for a high-valued proposition, and it’s a very under-penetrated so we’ve guided Wall Street revenue growth this year in the mid 40percenr range. Now having said we are changing things. One of the things we’re doin g differently is we’re changing our marketiny messaging — how to help small businesses prospetr in apoor economy.
BBJ: It strikes me that no mattetr what kind of businessyou run, you’ves probably all had to make a stark assessment of your cost Talk about what kindss of thinking is going into Deptula-Hicks: I think we’lo be successful this year, I’m not too worriex about a decline in revenue, I think we’ll stillk be cash-flow positive. We’ll be able to see our way to the othere sideof this, we will continue to invest in research and maintain our cash base and come out on the othedr side of this a stronger company in a position with a broader breadth of product than before. My hope is that this quarter is the worst quarter inthe year.
I coul d be totally wrong, but typically in our businesas we have a strongfourth quarter, and the firsy quarter is a lower quartedr anyway. I’m feeling encouraged about the seconrd quarter with what wesee now, so I thinkj if we hunker down, we conserve our cash and we inves t in our R&D program, we do everything to maximizs our revenue, continue our partnerships with people, we’ll come out on the otheer side of this.
Our cost structure is very heavilg weighted towards people andreal we’re constantly evaluating our cost structure making sure that our clients’ needs are met, lookinfg at ways to improve efficiency, our use of technology and real estate is a huge part of that too. We recentlyu moved to 53 State St. from the Hancocjk Tower. In doing so, we createx a different type of spacr that allows us to share ideas more easily and be more The building is set up to be more collaborative in which we thinkdrivees efficiencies.
Mawhinney: Our company has an automated digitapl microscope, so we have customer who buy that, and we also have commercialo lab fordiagnostic tests, so the challenge for us is we’v e got to keep the commercial arm and we’ve got to support the instrument s we have out in the We’re growing our lab, and we have three major project that we need to move forward. The seconc big thing is to use our the digital microscope that can look for that one cell in a to detect circulatingtumodr cells. And the third area is our non-invasivd test for fetal abnormalities.
Sko moving all three of thoser forward, plus keeping our Ikoniscope customerse happy and growing the lab isthe BBJ: A recent Duke University/CF O Magazine poll indicates most CFOs plan to raise salariesx this year. What’s your take on that? We expect to give normal raises. ... We get approximately 35 percentr of our new employeesthrough referral. We want to keep our employeed basevery happy, so we continue to have employees referredx to us.
And I know from another CFO groul I belong tothat it’s split there are a few companie doing what we’re doing, there are some companie that are going to zero, and theres are some companies that are going in the Walsh: I would be shocked if we saw lots of companiex approve raises in 2009. I know therre are a lot of companies who already came out and said ther e are going to be cutsor freezes. We haven’t figured out yet what we’re going to do, but I’m pretty confident it will not be to the extentg that it waslast year.
I thinok it’s important to realize that top talent is alwaywsin demand, and you need to protec t top talent because that’s what generates the best ideazs and services our clients’ needs. We’rew actually using this time to look at acquiringhtop talent, because we are doin g pretty well,and it’s a rare opportunityt to build for the future. BBJ: What woul d you consider to be the biggest cost drivere foryour company? Deptula-Hicks: Our big variable yearlh is centered around our clinical trials.
We just completed most of the trialzs a couple of weeks ago and that costus $1 and the reason we had to do that is the FDA is changinb their guidelines, so that’s becoming a larger cost driver. So we’ll have about a six-month reprieve and then we’ll have another product going throughhclinical trials. And it’s becominvg more and more difficult to get productd throughthe FDA. BBJ: Is a lot of that cost legal? Deptula-Hicks: No, it’s actually the cost of health care, the cost of the the radiologists, gathering the data and statisticianx andso forth. Walsh: For us, one cost driver that I have not mentiones yet is healthcare costs.
They continue to rise by high single-digig or double-digit levels and there’s no end in We also face the challenge of beinv locatedin Boston. And no matter what study you look at, Bostobn is always in the top five when it comee to high costof living. We’re seeinfg some breathing roomin that, housiny costs are coming down, energy costw are coming down, but it’s still a costly place to live which impactx labor costs. BBJ: How do you grapple with healthcare costs?
The Boston Business Journap recently hosted four area CFOs for an involver discussion that touched on issues ranging from the risin cost of health care to concernds over the banking The participants in the Boston Businessd Journal roundtable wereDarlene Deptula-Hicks of in N.H.; Louise Mawhinney of Ikonisyds in New Haven, Conn.; Kevij Walsh of in Boston; and Steve Wasserman of in The BBJ would like to thank these executives for taking time out of their busy schedules to join us. We’dx also like to thank the Massachusetts chapter of for its assistance in settingg upthe discussion.
Boston Business What on earth happened in the lastsix months, and how does it affec you in your day-to-day life? What do you say to folks What do you say to your mothere when she asks you what’s going on? Deptula-Hicks: These are very unprecedented times. I’ve never seen anything like this before, and I think it brings a whole new host of challenges in this I know forus particularly, last year was a gangbustert year — we broke We put record Q2 results on the we beat it with a record Q3, and we thoughy we were going to put a recor d Q4 on the table. And the bottom just sort of dropped out.
While I think we had a respectable fourtbh quarter because we had a lot of thingsd going on inthe pipeline, it just becamw a very different time. I thinlk what we can look forward to this year is a greag level of uncertainty because of these sort ofunchartedc waters. We’re having difficulty understanding where the business is going to end up for the Have wehit bottom? Clearlyy we’re a strong company, so we’ll be able to weathe r this fine, we’re not worried abourt that. But we’re really sort of forecasting what is this year goingg tolook like? It’s a very big question.
I don’t remember this much uncertaintgy inan economy, and I’nm old enough to remember other recessions. I’m knocking on wood — I’m with Constangt Contact, we offer a very low-price for a high-valued proposition, and it’s a very under-penetrated so we’ve guided Wall Street revenue growth this year in the mid 40percenr range. Now having said we are changing things. One of the things we’re doin g differently is we’re changing our marketiny messaging — how to help small businesses prospetr in apoor economy.
BBJ: It strikes me that no mattetr what kind of businessyou run, you’ves probably all had to make a stark assessment of your cost Talk about what kindss of thinking is going into Deptula-Hicks: I think we’lo be successful this year, I’m not too worriex about a decline in revenue, I think we’ll stillk be cash-flow positive. We’ll be able to see our way to the othere sideof this, we will continue to invest in research and maintain our cash base and come out on the othedr side of this a stronger company in a position with a broader breadth of product than before. My hope is that this quarter is the worst quarter inthe year.
I coul d be totally wrong, but typically in our businesas we have a strongfourth quarter, and the firsy quarter is a lower quartedr anyway. I’m feeling encouraged about the seconrd quarter with what wesee now, so I thinkj if we hunker down, we conserve our cash and we inves t in our R&D program, we do everything to maximizs our revenue, continue our partnerships with people, we’ll come out on the otheer side of this.
Our cost structure is very heavilg weighted towards people andreal we’re constantly evaluating our cost structure making sure that our clients’ needs are met, lookinfg at ways to improve efficiency, our use of technology and real estate is a huge part of that too. We recentlyu moved to 53 State St. from the Hancocjk Tower. In doing so, we createx a different type of spacr that allows us to share ideas more easily and be more The building is set up to be more collaborative in which we thinkdrivees efficiencies.
Mawhinney: Our company has an automated digitapl microscope, so we have customer who buy that, and we also have commercialo lab fordiagnostic tests, so the challenge for us is we’v e got to keep the commercial arm and we’ve got to support the instrument s we have out in the We’re growing our lab, and we have three major project that we need to move forward. The seconc big thing is to use our the digital microscope that can look for that one cell in a to detect circulatingtumodr cells. And the third area is our non-invasivd test for fetal abnormalities.
Sko moving all three of thoser forward, plus keeping our Ikoniscope customerse happy and growing the lab isthe BBJ: A recent Duke University/CF O Magazine poll indicates most CFOs plan to raise salariesx this year. What’s your take on that? We expect to give normal raises. ... We get approximately 35 percentr of our new employeesthrough referral. We want to keep our employeed basevery happy, so we continue to have employees referredx to us.
And I know from another CFO groul I belong tothat it’s split there are a few companie doing what we’re doing, there are some companie that are going to zero, and theres are some companies that are going in the Walsh: I would be shocked if we saw lots of companiex approve raises in 2009. I know therre are a lot of companies who already came out and said ther e are going to be cutsor freezes. We haven’t figured out yet what we’re going to do, but I’m pretty confident it will not be to the extentg that it waslast year.
I thinok it’s important to realize that top talent is alwaywsin demand, and you need to protec t top talent because that’s what generates the best ideazs and services our clients’ needs. We’rew actually using this time to look at acquiringhtop talent, because we are doin g pretty well,and it’s a rare opportunityt to build for the future. BBJ: What woul d you consider to be the biggest cost drivere foryour company? Deptula-Hicks: Our big variable yearlh is centered around our clinical trials.
We just completed most of the trialzs a couple of weeks ago and that costus $1 and the reason we had to do that is the FDA is changinb their guidelines, so that’s becoming a larger cost driver. So we’ll have about a six-month reprieve and then we’ll have another product going throughhclinical trials. And it’s becominvg more and more difficult to get productd throughthe FDA. BBJ: Is a lot of that cost legal? Deptula-Hicks: No, it’s actually the cost of health care, the cost of the the radiologists, gathering the data and statisticianx andso forth. Walsh: For us, one cost driver that I have not mentiones yet is healthcare costs.
They continue to rise by high single-digig or double-digit levels and there’s no end in We also face the challenge of beinv locatedin Boston. And no matter what study you look at, Bostobn is always in the top five when it comee to high costof living. We’re seeinfg some breathing roomin that, housiny costs are coming down, energy costw are coming down, but it’s still a costly place to live which impactx labor costs. BBJ: How do you grapple with healthcare costs?
Saturday, July 14, 2012
Thursday, July 12, 2012
Flotation Technologies tapped for $5.5M contract - Mass High Tech Business News
kapitonragomo.blogspot.com
million contract for a custom-designed buoyancg system from an unnamed international energy company. According to Maine-based Flotation Technologies, the name of the client and any more detailed description of the productg are confidential due to the nature ofthe project. The systemj should be delivered in the thirsd and fourth quartersof 2008, officials said. Last monthn Flotation Technologies was acquirerby Houston-based in a $23.3 million stock purchasse agreement. Founded in 1979, Flotation Technologies' deepwater buoyancg systems are used primarily for marine research and the commercial and military markets. Its customers include , , and .
Last May, Flotatiohn Technologies won a $4 million contract from an unnamed sourcd forflotation devices, and openecd a 45,000-square-foot manufacturing plant in Biddeford. In the company worked with the , a business developmentr program supported bythe U.S. Department of Commerce, to plan the company's business strategy and work force development.
million contract for a custom-designed buoyancg system from an unnamed international energy company. According to Maine-based Flotation Technologies, the name of the client and any more detailed description of the productg are confidential due to the nature ofthe project. The systemj should be delivered in the thirsd and fourth quartersof 2008, officials said. Last monthn Flotation Technologies was acquirerby Houston-based in a $23.3 million stock purchasse agreement. Founded in 1979, Flotation Technologies' deepwater buoyancg systems are used primarily for marine research and the commercial and military markets. Its customers include , , and .
Last May, Flotatiohn Technologies won a $4 million contract from an unnamed sourcd forflotation devices, and openecd a 45,000-square-foot manufacturing plant in Biddeford. In the company worked with the , a business developmentr program supported bythe U.S. Department of Commerce, to plan the company's business strategy and work force development.
Wednesday, July 11, 2012
Top 25 assured of PGA Tour card - ESPN
fixyruw.wordpress.com
USA TODAY | Top 25 assured of PGA Tour card ESPN The top 25 players from the Web.com Tour are assured of getting PGA Tour cards under a new system announced Tuesday that does away with Q-school being a direct path to the big leagues. Top 25 from Web.com Tour assured of PGA Tour card Web.com's top 25 assured of PGA card Top 25 players from Web.com Tour assured PGA Tour cards |
Tuesday, July 10, 2012
Emergent BioSolutions anthrax vaccine gets boost - Business First of Louisville:
lehoquvuhu.wordpress.com
The Rockville-based company’s BioThrax has been granted a shelf life extension from the from its currentg three yearsto four. Undef its contract with the Departmenyt of Health andHuman Services, the extensiomn triggers a milestone payment of $30 million for doses of the vaccined already delivered to the Strategic National Emergent expects to recore that payment as revenue this quarter. The shelf life extensionb also allows Emergent to charge more for future dosews of the vaccine delivered tothe government’s stockpile. That could raisre the value of the contract to as muchas $405 milliomn over the next several years.
Last the FDA approved a reduced vaccinatioh schedule tofive doses. Emergent continues researchj that could lead to a furthef reduction in the number ofdoses required, as well as the vaccine’ds use to treat patients afteer being exposed to Anthrax, not just as a pre-exposurw vaccine. Emergent has supplied the government’s stockpile with 33 million doses of BioThraxso far. It is contracterd to continue adding to stockpiles throughlate 2011. BioThrad has been used to vaccinate more than 2 milliobn military personnel since the government first started buying the vaccinein 1998. Emergent stock EBS) was up 90 cents to $14.63 per share in afternoon trading.
The Rockville-based company’s BioThrax has been granted a shelf life extension from the from its currentg three yearsto four. Undef its contract with the Departmenyt of Health andHuman Services, the extensiomn triggers a milestone payment of $30 million for doses of the vaccined already delivered to the Strategic National Emergent expects to recore that payment as revenue this quarter. The shelf life extensionb also allows Emergent to charge more for future dosews of the vaccine delivered tothe government’s stockpile. That could raisre the value of the contract to as muchas $405 milliomn over the next several years.
Last the FDA approved a reduced vaccinatioh schedule tofive doses. Emergent continues researchj that could lead to a furthef reduction in the number ofdoses required, as well as the vaccine’ds use to treat patients afteer being exposed to Anthrax, not just as a pre-exposurw vaccine. Emergent has supplied the government’s stockpile with 33 million doses of BioThraxso far. It is contracterd to continue adding to stockpiles throughlate 2011. BioThrad has been used to vaccinate more than 2 milliobn military personnel since the government first started buying the vaccinein 1998. Emergent stock EBS) was up 90 cents to $14.63 per share in afternoon trading.
Sunday, July 8, 2012
Clear lanes to shut down at Hartsfield-Jackson - Portland Business Journal:
yfimuna.wordpress.com
New York-based , the operatord of registered travelservice CLEAR, said the paid securituy lanes at its membeer airports would cease operations because the company “has been unabl e to negotiate an agreement with its senior creditor to continude operations,” according to a statement posted on the company’s Web site, www.flyclear.com. Last the company said it had 20,000 registered travelera in metro Atlanta. As of last the company had morethan 200,000 CLEAR members, who paid up to $199 for an annuapl membership for access to designatedc security lanes at participating airporte nationwide.
Members provided biometric data, which was encodexd on a card, for the promise of a speediee and convenient trip throughjairport security. The service targeted business travelers who routinely travel by air. The company was founded by founderStevse Brill. CLEAR lanes opened at the airportf about the same time as an expansioj of the main security lanesat Hartsfield-Jackson. The new additions included lanes designed specifically forexperiencee travelers.
Airport officials have said the added lane have kept security wait timese below 10 minuteson average, whichg might have made CLEAR lanes less advantageous to
New York-based , the operatord of registered travelservice CLEAR, said the paid securituy lanes at its membeer airports would cease operations because the company “has been unabl e to negotiate an agreement with its senior creditor to continude operations,” according to a statement posted on the company’s Web site, www.flyclear.com. Last the company said it had 20,000 registered travelera in metro Atlanta. As of last the company had morethan 200,000 CLEAR members, who paid up to $199 for an annuapl membership for access to designatedc security lanes at participating airporte nationwide.
Members provided biometric data, which was encodexd on a card, for the promise of a speediee and convenient trip throughjairport security. The service targeted business travelers who routinely travel by air. The company was founded by founderStevse Brill. CLEAR lanes opened at the airportf about the same time as an expansioj of the main security lanesat Hartsfield-Jackson. The new additions included lanes designed specifically forexperiencee travelers.
Airport officials have said the added lane have kept security wait timese below 10 minuteson average, whichg might have made CLEAR lanes less advantageous to
Saturday, July 7, 2012
Network Instruments® Announces New Chief Financial Officer - MarketWatch (press release)
jiqatili.wordpress.com
Network Instruments® Announces New Chief Financial Officer MarketWatch (press release) MINNEAPOLIS, July 6, 2012 /PRNewswire via COMTEX/ -- Network Instruments, a worldwide leader in network and application performance monitoring, today announced that Jenny Kray has been hired to be the company's Chief Financial Officer. Kray, who ... Network Instruments Announces New Chief Financial Officer |
Thursday, July 5, 2012
Microsoft: 'They've become the thing they despised' - ZDNet (blog)
humojo.wordpress.com
ZDNet (blog) | Microsoft: 'They've become the thing they despised' ZDNet (blog) Summary: There's a new feature about Microsoft in Vanity Fair this month. It's called "Microsoft's Lost Decade." Uh oh. |
Wednesday, July 4, 2012
Medtronic
ivyhofy.wordpress.com
million to competitor for damages related to a patengt infringement verdict from a federal Circuit The court reviewed a December 2007 which claimed thatMedtronic (NYSE: MDT) had infringedx on DePuy’s patent of a line of multiaxiaol screws used in spinal surgery. The courtr affirmed a $149.1 million award for lost profits. But the courtt reversed previous sanctions, which dropped $77. 2 million in outright damages and $10.55 million in attorneys’ fees and othee costs. The Vertex line of screwes is no longer onthe market.
Memphis-basedf Medtronic Spinal and Biologics business presidenr Steve La Neve said theruling “has no bearinf on our current Vertezx Select and OC Systems,” which are other spinal systems. The case will now be remandecd to a trial court for calculatio n of thereduced judgment, which will include amountsd both for post-judgment and pre-judgmentr interest on the damages. Based outsidd of Minneapolis, Medtronic is the world’s largestf medical device company. Its spinal and biologics businesse units are based in Memphis where itemployx 1,550.
million to competitor for damages related to a patengt infringement verdict from a federal Circuit The court reviewed a December 2007 which claimed thatMedtronic (NYSE: MDT) had infringedx on DePuy’s patent of a line of multiaxiaol screws used in spinal surgery. The courtr affirmed a $149.1 million award for lost profits. But the courtt reversed previous sanctions, which dropped $77. 2 million in outright damages and $10.55 million in attorneys’ fees and othee costs. The Vertex line of screwes is no longer onthe market.
Memphis-basedf Medtronic Spinal and Biologics business presidenr Steve La Neve said theruling “has no bearinf on our current Vertezx Select and OC Systems,” which are other spinal systems. The case will now be remandecd to a trial court for calculatio n of thereduced judgment, which will include amountsd both for post-judgment and pre-judgmentr interest on the damages. Based outsidd of Minneapolis, Medtronic is the world’s largestf medical device company. Its spinal and biologics businesse units are based in Memphis where itemployx 1,550.
Tuesday, July 3, 2012
AUD/USD approaches trend highs; Aud building approvals 5 times above ... - NASDAQ
jiqatili.wordpress.com
AUD/USD approaches trend highs; Aud building approvals 5 times above ... NASDAQ FXstreet.com (Barcelona) - The Aussie is exploding higher, up about 45 pips since finding a session bottom at 1.0230. The bullish momentum has. |
Sunday, July 1, 2012
Aegon to cut 138 positions in Louisville - Houston Business Journal:
ramsburgsyuheo1544.blogspot.com
a subsidiary of Netherlands-based insurer Aegon N.V., will cut 138 positionz from its Louisville offices at Aegon Subsidiary Aegon USA Investment Management will eliminate 13 positionzs during the next few the company said inan e-mailed statement. The company also will cut 125 positionsw handling certain life insurance administrative Those duties will be transitioned to an Aegon office inCedard Rapids, Iowa, during the next several according to the “We are always exploring ways to improvde efficiency and leverage the scale we have in our variousd U.S. locations,” the company said in the statement. Aegonb is the parent company of Transamerica LifeInsurancee Co.
, Transamerica Financial Life Insurance Co., Monumentalk Life Insurance Co., Stonebridge Casualty Insurance Co., Stonebridgre Life Insurance Co., Western Reserve Life Assurancw Co. of Ohio, Transamerica Life Canada, and Seguros Argos, A.S. de C.V. Accordinb to the company’s Web site, www.aegonins.com, Aegonj U.S. has more than 600 employees in Louisvilles among severaloperating divisions, including individualp savings and retirement, institutional, life and pensions and asset management and
a subsidiary of Netherlands-based insurer Aegon N.V., will cut 138 positionz from its Louisville offices at Aegon Subsidiary Aegon USA Investment Management will eliminate 13 positionzs during the next few the company said inan e-mailed statement. The company also will cut 125 positionsw handling certain life insurance administrative Those duties will be transitioned to an Aegon office inCedard Rapids, Iowa, during the next several according to the “We are always exploring ways to improvde efficiency and leverage the scale we have in our variousd U.S. locations,” the company said in the statement. Aegonb is the parent company of Transamerica LifeInsurancee Co.
, Transamerica Financial Life Insurance Co., Monumentalk Life Insurance Co., Stonebridge Casualty Insurance Co., Stonebridgre Life Insurance Co., Western Reserve Life Assurancw Co. of Ohio, Transamerica Life Canada, and Seguros Argos, A.S. de C.V. Accordinb to the company’s Web site, www.aegonins.com, Aegonj U.S. has more than 600 employees in Louisvilles among severaloperating divisions, including individualp savings and retirement, institutional, life and pensions and asset management and
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