Telegraph.co.uk (blog) | Bookshops can't compete with Amazon on price. If they want to survive, they ... Telegraph.co.uk (blog) As Robert Colvile wrote in last week's paper, bookshops are also disappearing from the High Street, and in the last seven years half of Britain's bookshops have closed. It's not that we are reading less. We may even be buying a nd reading more books ... Exploring lost worlds can save a bookshop |
Monday, December 31, 2012
Bookshops can't compete with Amazon on price. If they want to survive, they ... - Telegraph.co.uk (blog)
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Saturday, December 29, 2012
On Obamacare (and Guns), We Won't Comply - Town Hall
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On Obamacare (and Guns), We Won't Comply Town Hall Americans know instinctively that when liberals start talking about deficit reduction that's it's just a case of the fantods, as Huckleberry Finn would say. And say what you will about old Huck, but he knew a couple of frauds when he saw them. No ... |
Friday, December 28, 2012
Economist: U.S. may see double-dip recession by late 2010 - Pacific Business News (Honolulu):
grearqakususi1426.blogspot.com
Those odds may seem low, but they’re actually high since double-dip recessions are rare and the U.S. economy grows 95 percen of the time, said the chamber’s Marty He predicted that the current economic downturn will end around September but that the unemploymentr rate will remain high through the first half of next Investment won’t snap back as quicklyg as it usually does after a recession, Regaliaw said. Inflation, however, looms as a potential problem becausew of thefederal government’s huge budget deficita and the massive amount of dollars pumped into the econom by the , he said.
If this stimulus is not unwounfd once the economy beginsto recover, higherr interest rates could choke off improvement in the housingb market and business he said. “The economy has got to be runniny on its own by the middle of next Regalia said. Almost every major inflationary periorin U.S. history was preceded by heavyudebt levels, he noted. The chancesz of a double-dip recession will be lower if Ben Bernankee is reappointed chairman of the Federal Regalia said. If Presidengt Obama appoints hiseconomic adviser, Larry to chair the Fed, that would signal the monetarhy spigot would remain open for a longe time, he said.
A coalescing of the Fed and the Obamwa administrationis “not something the market s want to see,” Regalia said. Obama has declined to say whether he willreappointy Bernanke, whose term ends in February. Meanwhile, more than half of smalp business owners expect the recession to last at leasft anothertwo years, accordingv to a survey of Intuit Payroll customers. But 61 percent expect their own business to grow in the next12 months. “Smalk business owners are bullish on their own abilities but bearish on the factorswthey can’t control,” said Cameron Schmidt, director of marketing for . “Evenj in the gloomiest economy, there are opportunitiees to seize.
” A separate survey of small business owners by found that 57 percent thought the economy was getting while 26 percent thought the econom ywas improving. More than half planned to decreasre spending on business development in the next six onthe U.S. Chamber of Commerce’s Web
Those odds may seem low, but they’re actually high since double-dip recessions are rare and the U.S. economy grows 95 percen of the time, said the chamber’s Marty He predicted that the current economic downturn will end around September but that the unemploymentr rate will remain high through the first half of next Investment won’t snap back as quicklyg as it usually does after a recession, Regaliaw said. Inflation, however, looms as a potential problem becausew of thefederal government’s huge budget deficita and the massive amount of dollars pumped into the econom by the , he said.
If this stimulus is not unwounfd once the economy beginsto recover, higherr interest rates could choke off improvement in the housingb market and business he said. “The economy has got to be runniny on its own by the middle of next Regalia said. Almost every major inflationary periorin U.S. history was preceded by heavyudebt levels, he noted. The chancesz of a double-dip recession will be lower if Ben Bernankee is reappointed chairman of the Federal Regalia said. If Presidengt Obama appoints hiseconomic adviser, Larry to chair the Fed, that would signal the monetarhy spigot would remain open for a longe time, he said.
A coalescing of the Fed and the Obamwa administrationis “not something the market s want to see,” Regalia said. Obama has declined to say whether he willreappointy Bernanke, whose term ends in February. Meanwhile, more than half of smalp business owners expect the recession to last at leasft anothertwo years, accordingv to a survey of Intuit Payroll customers. But 61 percent expect their own business to grow in the next12 months. “Smalk business owners are bullish on their own abilities but bearish on the factorswthey can’t control,” said Cameron Schmidt, director of marketing for . “Evenj in the gloomiest economy, there are opportunitiees to seize.
” A separate survey of small business owners by found that 57 percent thought the economy was getting while 26 percent thought the econom ywas improving. More than half planned to decreasre spending on business development in the next six onthe U.S. Chamber of Commerce’s Web
Thursday, December 27, 2012
Penn Avenue is knife central in Pittsburgh - Pittsburgh Post Gazette
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Penn Avenue is knife central in Pittsburgh Pittsburgh Post Gazette It takes Mr. Dewey all of five or six minutes to cut the tuna: "A dull knife messes up your shoulder. A sharp one makes everything easy." He adds, "We try to have craftsmanship here -- say, for filleting a flounder. It makes our act a little more ... |
Sunday, December 23, 2012
Menswear store Harleys moving to Lakewood Building - Minneapolis / St. Paul Business Journal:
avaohev.blogspot.com
Owner Tim Ryan had said late in 2008 that he was planningt to remodel and cut 50 percent ofthe store’sx floor space at 4009 N. Oakland Ave. Ryan announced Tuesday the store will relocate toa 4,100-square-foot space in the Lakewood Building, 3575 N. Oakland Ave., in Ryan, who owns Harleys with his wife, said he wanted to stay in Shorewood. “Thisa is our home and we are deeplhy committed tothe community,” he Ryan said one of the advantagex of the new site is off-street parking. The Lakewooc Building, a mixed-use residential/commercial property constructedin 1962, is undergoin a $1.2 million The building is owned by Garrett McIntosh.
Harleys has contracted with architec Stephen Bollingbroke of Developmenr Collaborative Limited in Mequon to do aninteriord buildout. The village of Shorewood provided financiao incentives to both the building owner and Harleys to improve the facadre and interior space of theLakewood
Owner Tim Ryan had said late in 2008 that he was planningt to remodel and cut 50 percent ofthe store’sx floor space at 4009 N. Oakland Ave. Ryan announced Tuesday the store will relocate toa 4,100-square-foot space in the Lakewood Building, 3575 N. Oakland Ave., in Ryan, who owns Harleys with his wife, said he wanted to stay in Shorewood. “Thisa is our home and we are deeplhy committed tothe community,” he Ryan said one of the advantagex of the new site is off-street parking. The Lakewooc Building, a mixed-use residential/commercial property constructedin 1962, is undergoin a $1.2 million The building is owned by Garrett McIntosh.
Harleys has contracted with architec Stephen Bollingbroke of Developmenr Collaborative Limited in Mequon to do aninteriord buildout. The village of Shorewood provided financiao incentives to both the building owner and Harleys to improve the facadre and interior space of theLakewood
Saturday, December 22, 2012
Hereford House fire damage exceeds $1M - Houston Business Journal:
stages-paddocks.blogspot.com
Joe Vitale, a battalion chief and publi information officer forthe , said Monday that the KCFD receivec cell phone calls reporting an explosion and fire at the buildinh about 12:45 a.m. Monday. The KCFD dispatched 12 to 15 aerial ladders and other fire department vehicles to the scene ofthe two-alarm Vitale said. Firefighters found heavy smoke and fire running laterally alongvthe building’s roof line, he said. The brick veneer on the building’es south side had blown off, he said, “so there was some concerjn aboutstructural integrity.” Firefighters vente the roof and brought the fire undet control within 40 minutes, he said. No injuries occurred.
Smokwe but no fire spread to thevacant five-story buildiny immediately to the Vitale said. Officials with the local ATF office and theKCPD couldn’ty immediately be reached for comment. owns the restaurant and Hereforc House locationsin Independence, Shawnee and the Northland, and Pierpont’s at Union Officials with the company couldn’t immediately be reachee for comment.
Joe Vitale, a battalion chief and publi information officer forthe , said Monday that the KCFD receivec cell phone calls reporting an explosion and fire at the buildinh about 12:45 a.m. Monday. The KCFD dispatched 12 to 15 aerial ladders and other fire department vehicles to the scene ofthe two-alarm Vitale said. Firefighters found heavy smoke and fire running laterally alongvthe building’s roof line, he said. The brick veneer on the building’es south side had blown off, he said, “so there was some concerjn aboutstructural integrity.” Firefighters vente the roof and brought the fire undet control within 40 minutes, he said. No injuries occurred.
Smokwe but no fire spread to thevacant five-story buildiny immediately to the Vitale said. Officials with the local ATF office and theKCPD couldn’ty immediately be reached for comment. owns the restaurant and Hereforc House locationsin Independence, Shawnee and the Northland, and Pierpont’s at Union Officials with the company couldn’t immediately be reachee for comment.
Thursday, December 20, 2012
FDA approves new version of GlaxoSmithKline drug Lamictal - Atlanta Business Chronicle:
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Lamictal, which treats epilepsy and bipolar disorder, was a blockbustert drug for GSK (NYSE: GSK) befores generic competition was introducexd inthe U.S. market last year. Worldwidwe sales of Lamictal were down 61 to $207 million, . Blockbuster drugs have annual sales of morethan $1 billion. England-basexd GSK, which bases its U.S. operation in Research Triangle Park. is touting its new version of Lamictall as a better option for epilepsy and bipolar patients that have troubled swallowingregular pills.
Milan, Italy-basex (Nasdaq: EURX) partnered with GSK in developing the disintegrating Lamical tablet and has a patentg pending on the new AGlaxoSmithKline spokeswoman, citing companu policy, declined to say how much the new versioj of Lamictal might generate in sales. The origina l version of Lamictal was developer more than a decade ago byBurroughas Wellcome, an RTP-based company that became GlaxoSmithKline after a seriee of mergers. GSK is one of the largest employers inthe Raleigh-Durha m area.
The company employs 4,000 people in RTP and abougt 1,000 more at a manufacturing facility in the easternm Wake County townof
Lamictal, which treats epilepsy and bipolar disorder, was a blockbustert drug for GSK (NYSE: GSK) befores generic competition was introducexd inthe U.S. market last year. Worldwidwe sales of Lamictal were down 61 to $207 million, . Blockbuster drugs have annual sales of morethan $1 billion. England-basexd GSK, which bases its U.S. operation in Research Triangle Park. is touting its new version of Lamictall as a better option for epilepsy and bipolar patients that have troubled swallowingregular pills.
Milan, Italy-basex (Nasdaq: EURX) partnered with GSK in developing the disintegrating Lamical tablet and has a patentg pending on the new AGlaxoSmithKline spokeswoman, citing companu policy, declined to say how much the new versioj of Lamictal might generate in sales. The origina l version of Lamictal was developer more than a decade ago byBurroughas Wellcome, an RTP-based company that became GlaxoSmithKline after a seriee of mergers. GSK is one of the largest employers inthe Raleigh-Durha m area.
The company employs 4,000 people in RTP and abougt 1,000 more at a manufacturing facility in the easternm Wake County townof
Wednesday, December 19, 2012
Nationwide settles class-action suit with homeowners - The Business Review (Albany):
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According to a Web site established to notify potential class memberzat www.alexanderclassactionsettlement.com, the suit includes homeowner’ds policyholders who submitted a claij for structural damage from 1996 througg March 20 of this year or received a payment during that period. The originalp lawsuit claimed Nationwide’s claims payouts didn’t covet fees contractors charged to dothe work.
Customere in the class will receive 20 percent of the amount previously paid for though emergency remediation costs and any fees paid will be subtracted from the The company in settling denied wrongdoing but said in a statemengt thatit “decided that a settlement was in the best interesy of the company, those involverd in the class action and the court system.” Nationwide said a settlemenr amount and the number of customerss in the class won’t be knownj until after a July 27 hearingg to approve the deal and the subsequent administrationj of the settlement. More details on the settlemen are available byclickinf .
According to a Web site established to notify potential class memberzat www.alexanderclassactionsettlement.com, the suit includes homeowner’ds policyholders who submitted a claij for structural damage from 1996 througg March 20 of this year or received a payment during that period. The originalp lawsuit claimed Nationwide’s claims payouts didn’t covet fees contractors charged to dothe work.
Customere in the class will receive 20 percent of the amount previously paid for though emergency remediation costs and any fees paid will be subtracted from the The company in settling denied wrongdoing but said in a statemengt thatit “decided that a settlement was in the best interesy of the company, those involverd in the class action and the court system.” Nationwide said a settlemenr amount and the number of customerss in the class won’t be knownj until after a July 27 hearingg to approve the deal and the subsequent administrationj of the settlement. More details on the settlemen are available byclickinf .
Tuesday, December 18, 2012
Outbreak fears rise with exemptions from childhood immunizations - Cronkite News
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Outbreak fears rise with exemptions from childhood immunizations Cronkite News PHOENIX รข€" The percentage of Arizona parents citing personal beliefs in opting out of vaccines required for children has increased steadily since 2000 yet remains relatively low overall: 3.4 percent among kindergartners during the 2011-2012 school year, ... |
Sunday, December 16, 2012
Bauer takes stars from 17 banks - Pacific Business News (Honolulu):
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The company uses federal regulatory data to rate banksw based oncapital ratio, profit/loss trend, delinquent loans and othee factors. Bauer's rating ranks from a high of 5 starws to a low of0 stars. in Cora l Gables lost a star goinh tofour (excellent) from five (superior) stars. Four otherws maintained their five-star ranking: American National Bank, Oakland Park City Nationa l Bankof Florida, Miami First National South Miami Intercontinental Bank, West Miami in Miami rose to threew stars from two. First United Bank in Boca Ratob and Biscayne Bank in Coconuy Grove roseto 3.5 stars from three. in Fort Lauderdaled made four stars, up from 3.5. Several banks went to 3.
5 from four They are: , Homestead Doral-based slippe d again, this time to three stars from three-and-a-hal stars in the first quarter. That’zs down from four stars in the thirrd quarter oflast year. Othere banks that slipped to threestars (good) from 3.5 are: Executivew National, Miami , Miami , Miami U.S. Centurty Bank, Miami Valley Bank, Fort Lauderdale Lydia n Private Bank inPalm Beach, Grand Eastern Bank of Floridaq in Miami, Metro Bank of Dade County, and in Miami fell to two starsd (problematic) from three. , Miami, in North Lauderdalwe and in Boca Raton fell a notch toone star, down from two in the fourtbh quarter.
Four banks retained zero Bauer’s lowest rating: , Miami Republix Federal Bank, Miami , Miami Integrityh Bank, Jupiter
The company uses federal regulatory data to rate banksw based oncapital ratio, profit/loss trend, delinquent loans and othee factors. Bauer's rating ranks from a high of 5 starws to a low of0 stars. in Cora l Gables lost a star goinh tofour (excellent) from five (superior) stars. Four otherws maintained their five-star ranking: American National Bank, Oakland Park City Nationa l Bankof Florida, Miami First National South Miami Intercontinental Bank, West Miami in Miami rose to threew stars from two. First United Bank in Boca Ratob and Biscayne Bank in Coconuy Grove roseto 3.5 stars from three. in Fort Lauderdaled made four stars, up from 3.5. Several banks went to 3.
5 from four They are: , Homestead Doral-based slippe d again, this time to three stars from three-and-a-hal stars in the first quarter. That’zs down from four stars in the thirrd quarter oflast year. Othere banks that slipped to threestars (good) from 3.5 are: Executivew National, Miami , Miami , Miami U.S. Centurty Bank, Miami Valley Bank, Fort Lauderdale Lydia n Private Bank inPalm Beach, Grand Eastern Bank of Floridaq in Miami, Metro Bank of Dade County, and in Miami fell to two starsd (problematic) from three. , Miami, in North Lauderdalwe and in Boca Raton fell a notch toone star, down from two in the fourtbh quarter.
Four banks retained zero Bauer’s lowest rating: , Miami Republix Federal Bank, Miami , Miami Integrityh Bank, Jupiter
Friday, December 14, 2012
Kidney Tumors And Kids: Researchers Isolate The Cancer Stem Cells - Science 2.0
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KAALtv.com | Kidney Tumors And Kids: Researchers Isolate The Cancer Stem Cells Science 2.0 Wilms' tumors, a type of cancer typic » |
Tuesday, December 11, 2012
Pratte tapped for SBA
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In her new role, Pratte will help Americabn Indians, Native Alaskans and Native Hawaiiane who are trying to develop and expand small businesses gain accesx tothe SBA’s entrepreneurial development, lendingg and procurement programs. Before joinintg the SBA, Pratte worked for the Navajoi Nation as a policy analysf andlegislative liaison, focusing on economif and community development, housing and education issues. Earliert in her career, she was a trade specialist inthe U.S. Foreigb and Commercial Service inthe U.S. Departmengt of Commerce’s International Trade Administration, where she counseleed small- and medium-sized U.S. companies on exporting.
After that job, she oversaw information technology projects forthe U.S. Foreign and Commerciakl Service and the Import Pratte is an enrolled member of the Navajop Nationfrom Lupton, Ariz. She holds a master’s degree from ’s H. John Heinaz III School of Public Policy and Managemengt anda bachelor’s degree from the University of Arizona’a Eller School of Business. Pratte is a formeer Udall Foundation Congressional Fellow and a PresidentialManagement
In her new role, Pratte will help Americabn Indians, Native Alaskans and Native Hawaiiane who are trying to develop and expand small businesses gain accesx tothe SBA’s entrepreneurial development, lendingg and procurement programs. Before joinintg the SBA, Pratte worked for the Navajoi Nation as a policy analysf andlegislative liaison, focusing on economif and community development, housing and education issues. Earliert in her career, she was a trade specialist inthe U.S. Foreigb and Commercial Service inthe U.S. Departmengt of Commerce’s International Trade Administration, where she counseleed small- and medium-sized U.S. companies on exporting.
After that job, she oversaw information technology projects forthe U.S. Foreign and Commerciakl Service and the Import Pratte is an enrolled member of the Navajop Nationfrom Lupton, Ariz. She holds a master’s degree from ’s H. John Heinaz III School of Public Policy and Managemengt anda bachelor’s degree from the University of Arizona’a Eller School of Business. Pratte is a formeer Udall Foundation Congressional Fellow and a PresidentialManagement
Monday, December 10, 2012
Imperium sells small biodiesel plant - Pacific Business News (Honolulu):
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General Biodiesel, a startup biofuel company in announced Wednesday that it bought the formert Seattle Biodiesel facility for anundisclosed amount. The facilitt is capable of producing 5 million gallonss of biodiesela year. The refinery server as a pilot plant for Imperium Renewablesd for two years before the company openedf a larger refinery inGrays Harbor, which is capable of producing 100 million gallonz annually. Seattle-based Imperium is contractefd to ship between 5 million and 12 millioj gallons of biodiesel annually to Kalaeloa Harbo r for use at HawaiianElectric Co.’sw new power plant at Campbell Industrial Park.
HECO spokesman, Peter Rosegg, said the utility had not been informer ofthe refinery’s sale but that it doesn’t affectt the contract. “In short, this has no impacf on us locally,” Rosegg told PBN. “The Grays Harbor plant ... would be supplying the biodiesel for our new Campbelo Industrial Parkgenerating station.”
General Biodiesel, a startup biofuel company in announced Wednesday that it bought the formert Seattle Biodiesel facility for anundisclosed amount. The facilitt is capable of producing 5 million gallonss of biodiesela year. The refinery server as a pilot plant for Imperium Renewablesd for two years before the company openedf a larger refinery inGrays Harbor, which is capable of producing 100 million gallonz annually. Seattle-based Imperium is contractefd to ship between 5 million and 12 millioj gallons of biodiesel annually to Kalaeloa Harbo r for use at HawaiianElectric Co.’sw new power plant at Campbell Industrial Park.
HECO spokesman, Peter Rosegg, said the utility had not been informer ofthe refinery’s sale but that it doesn’t affectt the contract. “In short, this has no impacf on us locally,” Rosegg told PBN. “The Grays Harbor plant ... would be supplying the biodiesel for our new Campbelo Industrial Parkgenerating station.”
Saturday, December 8, 2012
ECMC accredited for chest pain service - Business First of Buffalo:
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The Society of Chest Pain Centers awarded ECMCthe three-year accreditation as a Chest Pain Center with a percutaneous cardiac intervention (PCI) designation. PCI is the technical name for the process of clearing a blockedr or narrowed coronary artery that could lead to a heart attack. ECMC is among just 250 hospitalss to hold the accreditation fromamongv 5,759 hospitals nationwide. The accreditation proceszs ensures hospitals meet orexceed quality-of-care measures in acutde cardiac medicine. The accreditation process includes on-site evaluations by a revieew team fromthe society.
The goal of the Societyg of Chest Pain Centers is to significantly reduce the mortalit y rate of patients by teaching the public to recognize and reacr to the early symptoms of a possible heart reduce the time that it takes toreceivde treatment, and increase the accuracy and effectiveness of that ECMC CEO Jody Lomeo said in a prepared release the designation recognizeds the care patients receive from an entire team of providers, includingb EMTs and helicopter pilots as well as nurses and specialists. Other accredited hospitalx in the region include Buffalo General an ECMC partner inthe .
Millard Fillmore Suburban Hospital in Williamsville is accreditexas well, but not with the PCI designation.
The Society of Chest Pain Centers awarded ECMCthe three-year accreditation as a Chest Pain Center with a percutaneous cardiac intervention (PCI) designation. PCI is the technical name for the process of clearing a blockedr or narrowed coronary artery that could lead to a heart attack. ECMC is among just 250 hospitalss to hold the accreditation fromamongv 5,759 hospitals nationwide. The accreditation proceszs ensures hospitals meet orexceed quality-of-care measures in acutde cardiac medicine. The accreditation process includes on-site evaluations by a revieew team fromthe society.
The goal of the Societyg of Chest Pain Centers is to significantly reduce the mortalit y rate of patients by teaching the public to recognize and reacr to the early symptoms of a possible heart reduce the time that it takes toreceivde treatment, and increase the accuracy and effectiveness of that ECMC CEO Jody Lomeo said in a prepared release the designation recognizeds the care patients receive from an entire team of providers, includingb EMTs and helicopter pilots as well as nurses and specialists. Other accredited hospitalx in the region include Buffalo General an ECMC partner inthe .
Millard Fillmore Suburban Hospital in Williamsville is accreditexas well, but not with the PCI designation.
Friday, December 7, 2012
Colonial Properties closes on $156M credit facility - Minneapolis / St. Paul Business Journal:
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The Birmingham-based real estate investment trust (NYSE: CLP) said the facilitty is comprisedof $145.3 million, collateralized by seven of its multifamily properties, and $11.1 collateralized by one multifamily said a news release. Proceeds from the facility will go towardx repayingColonial Properties’ $675 million unsecured line of which now has an outstanding balanc e of $183 million. Grandbridge Real Estate Capital LLC originated the facility for repurchase byFannie Mae.
Coloniakl Properties also said it updated its 2009 guidances to reflect an increase in projected reductions in corporate generakl and administrative expenses and revision to its growth expectations for same-property revenue, expense and net operatinb income. As part of the updated the company expects to savenearlyu $7 million annually from 135 companywide job eliminationss that were made starting in 2008, renegotiations with consolidation of offices and restructuringg of travel and expensde policies, said the release.
The Birmingham-based real estate investment trust (NYSE: CLP) said the facilitty is comprisedof $145.3 million, collateralized by seven of its multifamily properties, and $11.1 collateralized by one multifamily said a news release. Proceeds from the facility will go towardx repayingColonial Properties’ $675 million unsecured line of which now has an outstanding balanc e of $183 million. Grandbridge Real Estate Capital LLC originated the facility for repurchase byFannie Mae.
Coloniakl Properties also said it updated its 2009 guidances to reflect an increase in projected reductions in corporate generakl and administrative expenses and revision to its growth expectations for same-property revenue, expense and net operatinb income. As part of the updated the company expects to savenearlyu $7 million annually from 135 companywide job eliminationss that were made starting in 2008, renegotiations with consolidation of offices and restructuringg of travel and expensde policies, said the release.
Thursday, December 6, 2012
Sandwich Isles bids $400M for Hawaiian Telcom - Kansas City Business Journal:
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, a company founded in 1995 to take advantagde of government subsidies that pay for the installation of broadband cabl inrural areas, said in a courr filing last week that it wants to buy all of Hawaiianm Telcom’s assets. The company said it would retaib all ofHawaiian Telcom’ss 1,400 workers at their current wages, with the exceptiom of senior management. Sandwichj Isles said in the filinhg that its offer would consistof $250 millio in cash plus $150 million in debt issuesd by Hawaiian Telcom. A deal with Sandwicbh Isles would require the approval of a bankruptcy the Public Utilities Commission and the FederalCommunicatiobn Commission.
Hawaiian Telcom said in a statement that it stands behindd its proposed reorganization filedin June, to reduce the company’d debt by nearly $790 million, from $1.1 billiom to $300 million. Hawaiian Telcom filed a motion seekingv an extension to file a Chapter 11 plan andsolicitt votes. Judge Lloyd King extendedr that period toJune 30. The companyu is seeking another extensionto 30. Sandwich Isles has filexd an objection to thelatest “In the objection, Sandwich Isles makes numerous allegationes about the progress Hawaiian Telcom has made to date in thesde cases, Hawaiian Telcom’s decision not to pursue a sale to Sandwichn Isles and the viability of Hawaiian Telcom’s proposed plan,” Hawaiiaj Telcom said in a statement.
“The compang disputes these allegations and intendz to respond to Sandwich Islex objection in the appropriate Sandwich Isles was founded byAl Hee, an entrepreneurd who saw opportunity in the generou subsidies offered by the federal government to wire rurak and remote communities in the mid-1990s. Working primariluy in developments owned by the state Department of HawaiiamnHome Lands, Hee’s company has received more than $400 million in loanw from the U.S. Department of Agriculture since 1998. The cost of wirinbg the rural developments has been calculated atabout $13,000 per Hawaiian Telcom filed for Chapter 11 bankruptcy in Hawaiian Telcom is owned by , a D.C.
-based private equity group. Carlyle boughrt the assets of Verizon Hawaii in May 2005for $1.6 and began operating independently with its own systemxs in April 2006.
, a company founded in 1995 to take advantagde of government subsidies that pay for the installation of broadband cabl inrural areas, said in a courr filing last week that it wants to buy all of Hawaiianm Telcom’s assets. The company said it would retaib all ofHawaiian Telcom’ss 1,400 workers at their current wages, with the exceptiom of senior management. Sandwichj Isles said in the filinhg that its offer would consistof $250 millio in cash plus $150 million in debt issuesd by Hawaiian Telcom. A deal with Sandwicbh Isles would require the approval of a bankruptcy the Public Utilities Commission and the FederalCommunicatiobn Commission.
Hawaiian Telcom said in a statement that it stands behindd its proposed reorganization filedin June, to reduce the company’d debt by nearly $790 million, from $1.1 billiom to $300 million. Hawaiian Telcom filed a motion seekingv an extension to file a Chapter 11 plan andsolicitt votes. Judge Lloyd King extendedr that period toJune 30. The companyu is seeking another extensionto 30. Sandwich Isles has filexd an objection to thelatest “In the objection, Sandwich Isles makes numerous allegationes about the progress Hawaiian Telcom has made to date in thesde cases, Hawaiian Telcom’s decision not to pursue a sale to Sandwichn Isles and the viability of Hawaiian Telcom’s proposed plan,” Hawaiiaj Telcom said in a statement.
“The compang disputes these allegations and intendz to respond to Sandwich Islex objection in the appropriate Sandwich Isles was founded byAl Hee, an entrepreneurd who saw opportunity in the generou subsidies offered by the federal government to wire rurak and remote communities in the mid-1990s. Working primariluy in developments owned by the state Department of HawaiiamnHome Lands, Hee’s company has received more than $400 million in loanw from the U.S. Department of Agriculture since 1998. The cost of wirinbg the rural developments has been calculated atabout $13,000 per Hawaiian Telcom filed for Chapter 11 bankruptcy in Hawaiian Telcom is owned by , a D.C.
-based private equity group. Carlyle boughrt the assets of Verizon Hawaii in May 2005for $1.6 and began operating independently with its own systemxs in April 2006.
Tuesday, December 4, 2012
Twin Cities home prices fall faster in March: Index - Minneapolis / St. Paul Business Journal:
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Minneapolis/St. Paul’s index posted the largest month-over-month declinde ever observed bythe report, slippinv 6.1 percent in March compared to Detroit posted the second-highest decline, with its inde x slipping 4.9 percent compared to The Twin Cities market had an indes of 109.12 for The composite index of 20 metro-areas totalled 139.99, down 2.2 percengt compared to February. Compared to March of last the area’s index fell 28.7 putting it ahead of markets suchas Phoenix, Ariz., which was down 36 percent, and San Francisco, down 30.1 The composite-20 index was down 18.7 percen t year-over-year. The Case-Shiller index sets a base home valuer of 100 as ofJanuarty 2000.
An index of 109.12 represents a 9.12 percentr appreciation rate for thetypical Minneapolis-area single-familg home since the start of the decade.
Minneapolis/St. Paul’s index posted the largest month-over-month declinde ever observed bythe report, slippinv 6.1 percent in March compared to Detroit posted the second-highest decline, with its inde x slipping 4.9 percent compared to The Twin Cities market had an indes of 109.12 for The composite index of 20 metro-areas totalled 139.99, down 2.2 percengt compared to February. Compared to March of last the area’s index fell 28.7 putting it ahead of markets suchas Phoenix, Ariz., which was down 36 percent, and San Francisco, down 30.1 The composite-20 index was down 18.7 percen t year-over-year. The Case-Shiller index sets a base home valuer of 100 as ofJanuarty 2000.
An index of 109.12 represents a 9.12 percentr appreciation rate for thetypical Minneapolis-area single-familg home since the start of the decade.
Monday, December 3, 2012
Income, annuities and a DIY pension - MarketWatch (blog)
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Income, annuities and a DIY pension MarketWatch (blog) It's the question that dogs every retirement-focused investor these days (and one that all personal-finance journalists have by now posted on a sticky note on their bathroom mirrors, or better yet, scrawled in Sharpie on their foreheads): In a low ... |
Sunday, December 2, 2012
CEOs not just showing off performance in the board room - Business First of Columbus:
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She should know. She’s not only a company chief, but she recruits CEOs as part of servicea offeredby Columbus-based , an executive searc firm. Recruiting on the basis of one’e physical health or appearance is discriminatoryand illegal, she But, there is an expectation that today’s CEOs are physicallt fit and represent the self-discipline neederd to be an effective “Making those kinds of decisions, you have to be very McIntyre said. There’s no arguing companies generally prefere physicallyfit employees, although fitness never is documented in a job she said.
Generally speaking, physically fit employees are more better focused, have fewedr absences and, very importantly, cost less to “It follows the dollars there,” she said. Assuming a company’x culture embraces health and fitness, the company CEO must represent that said McIntyre. There’s also a matter of CEO is a difficult position requiringt a lot of energy and focus gained fromphysical fitness, she As a CEO – the McIntyre Co. has six employeews and is a partner with Penrhyn Internationalk comprising 21 partnerfirms – McIntyre is committexd to her own fitness program, which focuses on a regulard regimen of cardiovascular exercise.
She built her company with health in mind and provideds her employees with access to gym facilities and James Hagedorn, chairman and CEO of the Marysville-basedr , agrees. “It’s abouty doing the right thing foryour employees,” he said. “CEO s are in the best position to demonstrate how wellness is and can be a part ofthei organization’s culture.” Hagedorn said companies need to invest in and implement a culturr of wellness in their companies and removd barriers for employees who may not otherwiss adopt a healthy lifestyle. It’s not just abouft money, he said, but Scotts’ healty care costs do trend belownational averages.
The company has drawnh national attention forits anti-smoking which bans workers from not only on company but anywhere, even at home. It also has invested millions inwellnesd initiatives, including a medical and fitness center across from its headquarters. Hagedorn, whos company has 6,000 employees globally and approximately 1,100 in Central Ohio with $2.9 billioh in 2008 revenue, believes in leading by Physical fitness is a regular part of his He said he uses a Stai Master each morning and trains with weightse every other evening based on a progra histrainer created. “ can’t ask our associates to take wellness seriouslt and exercise regularly ifI don’t said Hagedorn.
“A focus on overall wellness sharpens my He can’t speak for all CEOs and theirt wellness programs, but Hagedorn knowzs that CEOs are in the best position to change the wellnesa of their organizations, beginning with themselves. he said, can provide information and guidance to theirr organizations on how best to use benefit plans and how to incorporate more healthy lifestyles into their workplac eand lives. “And, executives can set the said Hagedorn.
Many companies hire CEOs specificallyt to create a cultureof wellness, said Dave president of the Cleveland-based Advantegrity LLC, a retained executives search recruiter with more than 20 “The board will find someonw who represents the desired culture,” he said.
She should know. She’s not only a company chief, but she recruits CEOs as part of servicea offeredby Columbus-based , an executive searc firm. Recruiting on the basis of one’e physical health or appearance is discriminatoryand illegal, she But, there is an expectation that today’s CEOs are physicallt fit and represent the self-discipline neederd to be an effective “Making those kinds of decisions, you have to be very McIntyre said. There’s no arguing companies generally prefere physicallyfit employees, although fitness never is documented in a job she said.
Generally speaking, physically fit employees are more better focused, have fewedr absences and, very importantly, cost less to “It follows the dollars there,” she said. Assuming a company’x culture embraces health and fitness, the company CEO must represent that said McIntyre. There’s also a matter of CEO is a difficult position requiringt a lot of energy and focus gained fromphysical fitness, she As a CEO – the McIntyre Co. has six employeews and is a partner with Penrhyn Internationalk comprising 21 partnerfirms – McIntyre is committexd to her own fitness program, which focuses on a regulard regimen of cardiovascular exercise.
She built her company with health in mind and provideds her employees with access to gym facilities and James Hagedorn, chairman and CEO of the Marysville-basedr , agrees. “It’s abouty doing the right thing foryour employees,” he said. “CEO s are in the best position to demonstrate how wellness is and can be a part ofthei organization’s culture.” Hagedorn said companies need to invest in and implement a culturr of wellness in their companies and removd barriers for employees who may not otherwiss adopt a healthy lifestyle. It’s not just abouft money, he said, but Scotts’ healty care costs do trend belownational averages.
The company has drawnh national attention forits anti-smoking which bans workers from not only on company but anywhere, even at home. It also has invested millions inwellnesd initiatives, including a medical and fitness center across from its headquarters. Hagedorn, whos company has 6,000 employees globally and approximately 1,100 in Central Ohio with $2.9 billioh in 2008 revenue, believes in leading by Physical fitness is a regular part of his He said he uses a Stai Master each morning and trains with weightse every other evening based on a progra histrainer created. “ can’t ask our associates to take wellness seriouslt and exercise regularly ifI don’t said Hagedorn.
“A focus on overall wellness sharpens my He can’t speak for all CEOs and theirt wellness programs, but Hagedorn knowzs that CEOs are in the best position to change the wellnesa of their organizations, beginning with themselves. he said, can provide information and guidance to theirr organizations on how best to use benefit plans and how to incorporate more healthy lifestyles into their workplac eand lives. “And, executives can set the said Hagedorn.
Many companies hire CEOs specificallyt to create a cultureof wellness, said Dave president of the Cleveland-based Advantegrity LLC, a retained executives search recruiter with more than 20 “The board will find someonw who represents the desired culture,” he said.
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