belyaevostapuki.blogspot.com
Theater executives announced Tuesday that the financially distressexd theater has failed to raisethe $2 million it needer to put on 2009 productions, although more than $500,00o0 in pledges have been made since the theater announced a turn-arounfd strategy in mid April. “The thingh we know is that we’rwe not putting on a 2009 season. I think the very likely consequencw of that is that we will very quickly go out of saidDavid Fellows, chairman of the North Shorse Music Theatre board.
“Whethed it’s Chapter 11 or Chapter 7 — it’x completely up in the air at the Without a production season this the theater is unablr to address the substantial debts of its creditors and restore the theater’s economic health, said Fellows. The theaterd is approximately $10 million in debt, including large mortgages on its property and buildings and debtsto vendors, the Statre of Massachusetts, and subscriberx who paid in advance for the 2009 Fellows said most of the theater’s 4,400 subscribers are unlikely to get theid money returned. Subscriptions cost upwards of $350 per seat.
Theater executives are in discussionds with senior creditors and are reviewint a liquidation to maximize the valure ofthe theater’s assets for its stakeholders as well as identifh potential “friendly” buyers of the propertuy who might consider a lease back of the Fellows said.
Thursday, January 31, 2013
Saturday, January 26, 2013
Mentor signs new China distributor - Portland Business Journal:
ogarawo.wordpress.com
Terms were not announced. Wilsonville-basesd Mentor (NASDAQ: MENT) makesx the software and other tools used by engineerxs to design microchips and otherrelectronic products. It recently announced that it had cutits first-quartere losses in half, a sign that the global semiconductor market is For the quarter that ended April 30, Mentorr reported a loss of nearly $13 million, or 14 cents per on $193.8 million in A year earlier it reported a $25.5 or 28 cents per share, loss on $179.
2 million in The company reported 2008 revenue of more than $800 Excluding things such as special charges and equitt plan-related compensation expenses, the company would have had earnings of 9 centw per share for the quarter. Analysts polled by Thomson Reutersd expected earnings of 7 cents per sharwon $201.7 million in revenue. Bookingws for the quarter jumped 25 percent over the previous Ruihesoft is a reseller with six branchesd around China and a sales and servicwe network with more than120
Terms were not announced. Wilsonville-basesd Mentor (NASDAQ: MENT) makesx the software and other tools used by engineerxs to design microchips and otherrelectronic products. It recently announced that it had cutits first-quartere losses in half, a sign that the global semiconductor market is For the quarter that ended April 30, Mentorr reported a loss of nearly $13 million, or 14 cents per on $193.8 million in A year earlier it reported a $25.5 or 28 cents per share, loss on $179.
2 million in The company reported 2008 revenue of more than $800 Excluding things such as special charges and equitt plan-related compensation expenses, the company would have had earnings of 9 centw per share for the quarter. Analysts polled by Thomson Reutersd expected earnings of 7 cents per sharwon $201.7 million in revenue. Bookingws for the quarter jumped 25 percent over the previous Ruihesoft is a reseller with six branchesd around China and a sales and servicwe network with more than120
Monday, January 21, 2013
Banker Ann Wells uses both people skills, math acuity as Commonwealth Bank
mcfarlainofuqub1258.blogspot.com
Wells might be the highest-profile, off-the-radare businesswoman in Louisville orthe lowest-profile top Take your pick. Google “Anmn Wells” and “bank,” and about all you’ll find is that she’s been CEO of Louisville-basex Commonwealth Bank & Trust Co. since she replaced James Ruckerflast October. Still, you mighyt have seen Wells in the summer edition of member photographed at the SpeedBall fund-raiser with her Darrell R. Wells, CEO of Louisville-basede investment firm LLC, and artist Laura Myntti.
Or you mighg have seen the spread in the Sunday New York Times onMay 9, a detailede account of daughter Laura Wells’ romance with Turkis developer Osman Biranis. Yet the story, whicy culminated in the couple’s April 25 wedding at the homein Glenview, did not mention the seniorr Wellses by name. Laura Wells describews her mother as sociableand elegant, yet no-nonsensed and grounded — a balance between charm and confidence in societgy and in the board room.
Above all, Ann Wells always comeas through, said Laura Wells in a phons interview from her officein Istanbul, where she’w a television news anchor with “My mother’s favorite saying is, ‘Can’t meanz won’t.’ And I do think she is the most reliablew person in the world,” she added in an e-maill follow up. “And just because she is quitre pretty and greatcompany doesn’t mean she isn’t a secret nerd and very bright.” Bright enough that Ann Wells is both an engineefr and a banker.
To this day, Wells keeps toolsx of the trade in the corner of her officesuite — blueprints and even a hardhat left over from when she was overseeinbg leases for Commonwealth bank branches. Thoughh she readily admits she’s never done the banking schools, she has learnerd the business on a very practicallevel — as a real estatse manager, building out branches and leasingb excess space. “Working with architects on design, working with bankers to get right, then taking those designs and building it is one of my favoritw thingsto do.” Laura Wells said that when she was a high schoool senior, she took advanced calculus classes at the .
When she’e return home, her mother always had to peek atthe “She always solved them more quickly than I did and usuallyt more efficiently, despite not having been in school for 23 Laura Wells said. she never made me feel badly. She wouldc just show me the shorter route to thecorrect answer. “She’s always there to find a solution and help people alongfthe way. And if she doesn’y have the answer, she will seek it out and Left brain, right brain Investor Darrell who’s also chairman of , Commonwealth’ds holding company, describes his wife as unusually Ann Wells’ engineering background makes her “conversantt with numbers — with the part of our business that is very She’s very at ease with numbers.
On the other side of her she’s very good with people.” Those dual strengthw have led Ann Wells down pathas not typically traveledby women, a fact not lost on her Gene Cowley. Cowley, a mechanical engineer by training, was a co-foundert of Vermont American, an industrial blade manufacturer that once was avenerable Louisville-based businesses and now is part of Robert Boscgh Gmbh, based in Germany. “When I was a little people would ask, ‘What do you want to And I’d say, ‘u want to be an engineer,’ ” Ann Wells said. When she turnec 18, her father asked her what she wantedto be, and her answer was stilkl “engineer.
” “He said, ‘What And I said, ‘Mechanical, like you.’ And he ‘Absolutely not. It’s no place for a “I said, ‘All right, how abour electrical?’ And he said, ‘That’ll be fine.’ That was the end of the
Wells might be the highest-profile, off-the-radare businesswoman in Louisville orthe lowest-profile top Take your pick. Google “Anmn Wells” and “bank,” and about all you’ll find is that she’s been CEO of Louisville-basex Commonwealth Bank & Trust Co. since she replaced James Ruckerflast October. Still, you mighyt have seen Wells in the summer edition of member photographed at the SpeedBall fund-raiser with her Darrell R. Wells, CEO of Louisville-basede investment firm LLC, and artist Laura Myntti.
Or you mighg have seen the spread in the Sunday New York Times onMay 9, a detailede account of daughter Laura Wells’ romance with Turkis developer Osman Biranis. Yet the story, whicy culminated in the couple’s April 25 wedding at the homein Glenview, did not mention the seniorr Wellses by name. Laura Wells describews her mother as sociableand elegant, yet no-nonsensed and grounded — a balance between charm and confidence in societgy and in the board room.
Above all, Ann Wells always comeas through, said Laura Wells in a phons interview from her officein Istanbul, where she’w a television news anchor with “My mother’s favorite saying is, ‘Can’t meanz won’t.’ And I do think she is the most reliablew person in the world,” she added in an e-maill follow up. “And just because she is quitre pretty and greatcompany doesn’t mean she isn’t a secret nerd and very bright.” Bright enough that Ann Wells is both an engineefr and a banker.
To this day, Wells keeps toolsx of the trade in the corner of her officesuite — blueprints and even a hardhat left over from when she was overseeinbg leases for Commonwealth bank branches. Thoughh she readily admits she’s never done the banking schools, she has learnerd the business on a very practicallevel — as a real estatse manager, building out branches and leasingb excess space. “Working with architects on design, working with bankers to get right, then taking those designs and building it is one of my favoritw thingsto do.” Laura Wells said that when she was a high schoool senior, she took advanced calculus classes at the .
When she’e return home, her mother always had to peek atthe “She always solved them more quickly than I did and usuallyt more efficiently, despite not having been in school for 23 Laura Wells said. she never made me feel badly. She wouldc just show me the shorter route to thecorrect answer. “She’s always there to find a solution and help people alongfthe way. And if she doesn’y have the answer, she will seek it out and Left brain, right brain Investor Darrell who’s also chairman of , Commonwealth’ds holding company, describes his wife as unusually Ann Wells’ engineering background makes her “conversantt with numbers — with the part of our business that is very She’s very at ease with numbers.
On the other side of her she’s very good with people.” Those dual strengthw have led Ann Wells down pathas not typically traveledby women, a fact not lost on her Gene Cowley. Cowley, a mechanical engineer by training, was a co-foundert of Vermont American, an industrial blade manufacturer that once was avenerable Louisville-based businesses and now is part of Robert Boscgh Gmbh, based in Germany. “When I was a little people would ask, ‘What do you want to And I’d say, ‘u want to be an engineer,’ ” Ann Wells said. When she turnec 18, her father asked her what she wantedto be, and her answer was stilkl “engineer.
” “He said, ‘What And I said, ‘Mechanical, like you.’ And he ‘Absolutely not. It’s no place for a “I said, ‘All right, how abour electrical?’ And he said, ‘That’ll be fine.’ That was the end of the
Wednesday, January 16, 2013
Fed: Economy in Louisville region remains weak - Business First of Louisville:
sucujovide.wordpress.com
Retail sales in April and the first half of May were down acrosssthe district, on average, from their year-earlier with about 56 percent of retailers surveyed reporting decrease s and 40 percent seeing increases. Year-to-date home salees through April were down 26 percengt in Louisville when compared with the same periodin 2008. Single-familyh residential building permits declined by 46 percentt over the same period ayear First-quarter 2009 industrial vacancy rates held steady in the Louisvill e area, as did suburban office vacancyh rates. Commercial-construction contacts throughoutthe St.
Louisx district reported that credit conditions are stiflintgnew projects, and industrial-constructiom contacts reported that the effectsw of the recession are just now hittinhg home, as backlogs have dried up and more projectsd are being put on hold.
Retail sales in April and the first half of May were down acrosssthe district, on average, from their year-earlier with about 56 percent of retailers surveyed reporting decrease s and 40 percent seeing increases. Year-to-date home salees through April were down 26 percengt in Louisville when compared with the same periodin 2008. Single-familyh residential building permits declined by 46 percentt over the same period ayear First-quarter 2009 industrial vacancy rates held steady in the Louisvill e area, as did suburban office vacancyh rates. Commercial-construction contacts throughoutthe St.
Louisx district reported that credit conditions are stiflintgnew projects, and industrial-constructiom contacts reported that the effectsw of the recession are just now hittinhg home, as backlogs have dried up and more projectsd are being put on hold.
Sunday, January 13, 2013
Grede wins $45M Daimler Truck order - The Business Journal of Milwaukee:
ogarawo.wordpress.com
The castings would be made at Grede’se plants in Reedsburg; New Castle, and St. Cloud, Minn. The Wauwatosa-basecd foundry also anticipates finalizinganother $20 millionh in sales to European customers in the comingg weeks. The contracts will represent a significant portionjof Grede’s approximate $500 million annual sales. Bruce Jacobs, Gredse Foundries president and CEO, said the company is experiencinf global increases in raw materials and energ y costs of 40 percent inrecent Meanwhile, domestic demand for foundry products has fallen by 25 “The market is extremely difficult for the foundry industryy as we try to manage volatilw costs and reduced Jacobs said in a press release.
"Thre new Daimler work will help fill open capacity at our plants in Wisconsin, Indiana and and our hope is that additional exportf work fills some of the gaps at our other
The castings would be made at Grede’se plants in Reedsburg; New Castle, and St. Cloud, Minn. The Wauwatosa-basecd foundry also anticipates finalizinganother $20 millionh in sales to European customers in the comingg weeks. The contracts will represent a significant portionjof Grede’s approximate $500 million annual sales. Bruce Jacobs, Gredse Foundries president and CEO, said the company is experiencinf global increases in raw materials and energ y costs of 40 percent inrecent Meanwhile, domestic demand for foundry products has fallen by 25 “The market is extremely difficult for the foundry industryy as we try to manage volatilw costs and reduced Jacobs said in a press release.
"Thre new Daimler work will help fill open capacity at our plants in Wisconsin, Indiana and and our hope is that additional exportf work fills some of the gaps at our other
Tuesday, January 8, 2013
Bernanke sees gradual economic recovery - Pittsburgh Business Times:
acklinegymejac1362.blogspot.com
In testimony before the congressional Joint EconomiccCommittee Tuesday, Bernanke also warner another jolt to the banking system will stall any “We continue to expect economic activityg to bottom out, then to turn up late r this year,” Bernanke said. “Keyu elements of this forecast are our assessmentas that the housing market is beginning to stabilize and that the sharop inventory liquidation that has been in progress will slow over the next few The forecast assumes a continuee gradual repair ofthe country’s financial system, and a relapse there could causs a recovery to stall, he While a recovery is now expecter to begin, the Fed’s forecast cautions that the rate of growth is likelty to remain below its longer-run potential for Businesses will likely put off hiring, meaning unemploymentt will remain high even after economic growtb resumes.
Bernanke also believes inflation will remainj low for some A report Tuesday from the Institutde for Supply Managementshowed U.S. service industries, which make up 90 percenyt of the economy, contracted at the slowesy pace in six months in seen as another sign the recession is nearingan end.
In testimony before the congressional Joint EconomiccCommittee Tuesday, Bernanke also warner another jolt to the banking system will stall any “We continue to expect economic activityg to bottom out, then to turn up late r this year,” Bernanke said. “Keyu elements of this forecast are our assessmentas that the housing market is beginning to stabilize and that the sharop inventory liquidation that has been in progress will slow over the next few The forecast assumes a continuee gradual repair ofthe country’s financial system, and a relapse there could causs a recovery to stall, he While a recovery is now expecter to begin, the Fed’s forecast cautions that the rate of growth is likelty to remain below its longer-run potential for Businesses will likely put off hiring, meaning unemploymentt will remain high even after economic growtb resumes.
Bernanke also believes inflation will remainj low for some A report Tuesday from the Institutde for Supply Managementshowed U.S. service industries, which make up 90 percenyt of the economy, contracted at the slowesy pace in six months in seen as another sign the recession is nearingan end.
Sunday, January 6, 2013
Photo: Bubba Watson and caddie explain the weather - Yahoo! Sports (blog)
ignatiywulyxura.blogspot.com
Yahoo! Sports (blog) | Photo: Bubba Watson and caddie explain the weather Yahoo! Sports (blog) Our Masters champion Bubba Watson, and caddie Ted Scott, who decided to channel their inner special teams with a tee shot on the 10th hole during another weather delayed round that didn't count. A very strange start to the 2013 PGA Tour season indeed, ... < br />Golf: Play again halted at weather-hit Kapalua Hyundai Tournament of Champions Postponed Due to Inclement Weather Bad Weather Ruins PGA Tour Opener |
Saturday, January 5, 2013
2009 WNY middle school rankings - Puget Sound Business Journal (Seattle):
vanbeekdulejos1771.blogspot.com
Profiles of the top 25 schoolsd can be reached by clickinyg on the names of thosesschools below. A breakdown of the rankingxs for each section of Westernb New York can be accessedby . The followinv abbreviations havebeen used: CS-Charter School, EMS-Elementary-Middle School, ES-Elementargy School, HS-High School, IS-Intermediated School, JHS-Junior High School, JSHS-Junior-Senior High School, MHS-Middle-Highn School, MS-Middle School, PS-Primary School, SHS-Senior High School, VHS-Vocational High Each school is followed by the name of the distric that operates it (if it’sa a public school) or the district wher e it is located (if it’s a private • 1. • 2. • 3. 4.
• 5. • 6. 7. • 8. • 9. 10. • 11. • 12. 13. • 14. • 15.
Profiles of the top 25 schoolsd can be reached by clickinyg on the names of thosesschools below. A breakdown of the rankingxs for each section of Westernb New York can be accessedby . The followinv abbreviations havebeen used: CS-Charter School, EMS-Elementary-Middle School, ES-Elementargy School, HS-High School, IS-Intermediated School, JHS-Junior High School, JSHS-Junior-Senior High School, MHS-Middle-Highn School, MS-Middle School, PS-Primary School, SHS-Senior High School, VHS-Vocational High Each school is followed by the name of the distric that operates it (if it’sa a public school) or the district wher e it is located (if it’s a private • 1. • 2. • 3. 4.
• 5. • 6. 7. • 8. • 9. 10. • 11. • 12. 13. • 14. • 15.
Friday, January 4, 2013
Monell's files Chapter 11 bankruptcy - Atlanta Business Chronicle:
sucujovide.wordpress.com
The beloved "meat n’ restaurant came to an impasse with its bank negotiating a refinances of its main which is worth more thanits Monell’s attorney Ernest Williams says. “Monell’s obligation to its principal creditor matured. The bankrupty is to allow Monelkl breathing space to obtain replacement loane or to reorganize througha bankruptcy-court confirmecd plan of reorganization,” says WIlliams, of . He added that Monell’s is solvent, paying its debts as they come due, and operationsd would not change duringthe negotiation.
“Ig should be able to continue to deliver the same qualityg restaurant and catering service it has come to be known he says. The Nashvillse institution is based in Germantown in an house on Sixt Avenue owned by president Michael JohnAbraham King, and also leases a restaurant spaced in Franklin, with a catering arm on 31st
The beloved "meat n’ restaurant came to an impasse with its bank negotiating a refinances of its main which is worth more thanits Monell’s attorney Ernest Williams says. “Monell’s obligation to its principal creditor matured. The bankrupty is to allow Monelkl breathing space to obtain replacement loane or to reorganize througha bankruptcy-court confirmecd plan of reorganization,” says WIlliams, of . He added that Monell’s is solvent, paying its debts as they come due, and operationsd would not change duringthe negotiation.
“Ig should be able to continue to deliver the same qualityg restaurant and catering service it has come to be known he says. The Nashvillse institution is based in Germantown in an house on Sixt Avenue owned by president Michael JohnAbraham King, and also leases a restaurant spaced in Franklin, with a catering arm on 31st
Wednesday, January 2, 2013
Sweat, Turner award winners recognized - Atlanta Business Chronicle:
acklinegymejac1362.blogspot.com
Central Atlanta Progress (CAP) is set to honor forme Atlanta LifeInsurance Co. CEO and civil rightsx leader JesseHill Jr. and George Berry, formee commissioner of the Georgia Departmenytof Industry, Trade and Tourism, at its March 26 annuak meeting. CAP will recognize Hill with the DanSweat Award, given to a business or organizational executive who has becomew a leader beyond the scoper of his or her positiobn in the community. Givenj in memory of past CAP President Dan the award is designed tohonor Sweat’sw accomplishments in leading the organization and downtownh Atlanta through difficult times in the businessw and political environment of the city’s growth.
Berrt will receive the Turne r Downtown CommunityLeadership Award, whicy recognizes “private citizens [who] step forward and do good workz on downtown’s behalf.” Hill is a legend in the businessa community and a major supporter of the early founders and rootsa of the Civil Rights said A.J. Robinson, CAP president and a membedr of thenominating committee. “Hre has been involved in about everycivic endeavor,” Robinsojn said. “He is someone we couldn’t recognizes enough for what he has done durint hiscareer here.
” As an executivwe and CEO of the largest African-American-owned financial institution in Hill continued to build upon the company’s tradition of supporting human and civilp rights activism. Hill has compilexd a long listof “firsts” for African-Americans, including the first African-American member on MARTA’s board of directors, the firsyt African-American to serve on the Board of Regents for the and the firsgt African-American president of the , now know as the . “[Hill] is an inspirational figurde and that’s what this award is all about,” said Tom Bell, CEO of , who also is on the nominatinhg committee.
By giving Hill the Dan Sweat Award, Bell hopesx it instills “a sense of aspiration and visionh in everyone else inthe audience. serves that purpose well.” Hill worked with Dan Sweat for25 “He was probably one of the most outstanding, unselfishj public servants anywhere,” Hill said. Winnin an award named for his friend “is an Berry will receive the Turned Downtown Community Leadership Award for hismore behind-the-scenesz service to the city of Atlanta, the state and the privat sector. Berry worked under four mayors, from Ivan Allej Jr.
to Andrew Young, then was commissioner of the Georgiqa Departmentof Industry, Trade and He completed his career with 15 yearsx at Atlanta-based developer Cousins. Berry relishes the time, from 1962 to during which he oversaw the construction of the terminalsx and runways to expand the former Atlanta Municipao Airport into what isnow Hartsfield-Jackson Atlanta International Airport. “Being part of the city durinyg those years was the greatest blessing and to be givebn an award for it seems alittlre backward,” Berry said. “It seeme I should be giving an award to the city for the opportunityh it gave me overthe years.
”
Central Atlanta Progress (CAP) is set to honor forme Atlanta LifeInsurance Co. CEO and civil rightsx leader JesseHill Jr. and George Berry, formee commissioner of the Georgia Departmenytof Industry, Trade and Tourism, at its March 26 annuak meeting. CAP will recognize Hill with the DanSweat Award, given to a business or organizational executive who has becomew a leader beyond the scoper of his or her positiobn in the community. Givenj in memory of past CAP President Dan the award is designed tohonor Sweat’sw accomplishments in leading the organization and downtownh Atlanta through difficult times in the businessw and political environment of the city’s growth.
Berrt will receive the Turne r Downtown CommunityLeadership Award, whicy recognizes “private citizens [who] step forward and do good workz on downtown’s behalf.” Hill is a legend in the businessa community and a major supporter of the early founders and rootsa of the Civil Rights said A.J. Robinson, CAP president and a membedr of thenominating committee. “Hre has been involved in about everycivic endeavor,” Robinsojn said. “He is someone we couldn’t recognizes enough for what he has done durint hiscareer here.
” As an executivwe and CEO of the largest African-American-owned financial institution in Hill continued to build upon the company’s tradition of supporting human and civilp rights activism. Hill has compilexd a long listof “firsts” for African-Americans, including the first African-American member on MARTA’s board of directors, the firsyt African-American to serve on the Board of Regents for the and the firsgt African-American president of the , now know as the . “[Hill] is an inspirational figurde and that’s what this award is all about,” said Tom Bell, CEO of , who also is on the nominatinhg committee.
By giving Hill the Dan Sweat Award, Bell hopesx it instills “a sense of aspiration and visionh in everyone else inthe audience. serves that purpose well.” Hill worked with Dan Sweat for25 “He was probably one of the most outstanding, unselfishj public servants anywhere,” Hill said. Winnin an award named for his friend “is an Berry will receive the Turned Downtown Community Leadership Award for hismore behind-the-scenesz service to the city of Atlanta, the state and the privat sector. Berry worked under four mayors, from Ivan Allej Jr.
to Andrew Young, then was commissioner of the Georgiqa Departmentof Industry, Trade and He completed his career with 15 yearsx at Atlanta-based developer Cousins. Berry relishes the time, from 1962 to during which he oversaw the construction of the terminalsx and runways to expand the former Atlanta Municipao Airport into what isnow Hartsfield-Jackson Atlanta International Airport. “Being part of the city durinyg those years was the greatest blessing and to be givebn an award for it seems alittlre backward,” Berry said. “It seeme I should be giving an award to the city for the opportunityh it gave me overthe years.
”
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