Tuesday, July 26, 2011

BofA prices share offering - Puget Sound Business Journal (Seattle):

http://audi-style.com/news.php?id=56
per share. Investors in the bank’s perpetuaol preferred stock can tender their shares before midnighton Wednesday. The offet is part of the bank’zs effort to raise $33.9 billion in capital that federap regulators say BofA needs afterthe government’es “stress test” of its ability to withstand a deeper recession. The exchange doesn’t involve any preferred shares held by thefederak government. Charlotte-based BofA (NYSE:BAC) has raised the majority of new capitapl it needs tosatisfy regulators. In May, BofA sold $13.45 billion in common stock. BofA also sold a 5.7 percentr stake in China Construction Bank to Asia n investors for a gainof $4.
5 Those steps boosted BofA’s Tier 1 common capitap by $1.8 billion by reducing a deferre tax asset deduction. In addition, BofA agreede to exchange $5.9 billion in preferred shares for 436 million sharex ofcommon stock. The company has said it could raiser more money by selling assets such as FirstRepublicv Bank, a San Francisco-based bank, and entering into join t ventures.

Sunday, July 24, 2011

GM Tonawanda hosting recycling event - Sacramento Business Journal:

asafevboriegum.blogspot.com
The one-day event June 6 from 9 a.m. to 1 p.m. at Planft 5 on Vulcan Street, is co-sponsoredr by Erie County, Buffalo and the Northwest Solidr WasteManagement Board. Last year’s event receivesd 56,325 pounds of electronic equipment, 247 bicyclesd and a truck fullof clothing. Electronics equipmentg is a source ofrecycled steel, plastic, copper and glass. Items being accepted this year include: TVs, computers, keyboards, printers, fluorescent bulbs, cell rechargeable batteries, VCRs, and DVD clothing, textiles, and bicycles. Clothiny and textiles will be reused at Goodwill retail locationsor recycled.
Bicycles will be used for bike safety education or recycled by Blue Bicycleand Recycle-a-Bicyclee programs. New for this year, Buffalo ReUse will accepf used ornew hand, shop and garden tools, such as brooms, ladders, wheelbarrows, hammers and “This is a natural extension of what we do at Plant Manager Steve Fincnh said in a statement. “Our plant has been landfill-frewe in manufacturing since 2006. We recycle or reuse all of our so this event to help the community recycle is a natural fit for us atGeneral Motors,” he said.

Tuesday, July 19, 2011

Bankruptcy filings soar in Florida

http://stoneleaflamps.com/classic-looks-with-tiffani-style-lamps.html
percent increase in filings in the for the Middled District of Florida in the 12 monthes endedMarch 31, compared to the same period a year earlier. The increasw in bankruptcy filings in the Middle District of Florida outpaces the national increase inbankruptcy filings. Nationally, bankruptcty filings for the 12-monthh period ending March 31, 2009, were up 33.3 percent over bankruptcy filingsw forthe 12-month period ending March 31, 2008, accordingh to statistics released by the administrative officse of the U.S. In the Middle District of Florida, therre were 47,04 bankruptcy filings in the 12 months endeddMarch 31, 2009, compared to 30,031 in the year ender March 31, 2008.
There had been 18,017 bankruptcy filings in the year endecdMarch 31, 2007. During the quarter endeds March 31, there were 13,332 total filing s in the Middle Districtof Florida, includingb 9,687 Chapter 7 127 Chapter 11 filings, and 3,513 Chapter 13 filings. There were 683 business bankruptcies filed in the quarter endedMarch 31, includingf 507 businesses that sought to liquidate througj Chapter 7, and 116 that sought to reorganize theier debts through Chapter 11. There also were a total of 12,6409 non-business bankruptcies filed in the threwe months endedMarch 31.

Sunday, July 17, 2011

Investor buys Berry Bolt Works and moves in - Business First of Columbus:

ramoledef.blogspot.com
The investment firm gained ownershipp of the building at350 E. First Ave. by takin g control of a -affiliated real estats partnership that had renovated the historic industriakl building intoabout 36,000 square feet of loft offic space. "We were about to look for office space in one of ourotherd (investment) properties when this building became available," said Anchor principalk Larry Gunsorek. The real estate partnership purchased the buildingin 2000, but the bulk of the leasingf didn't take place untilp after the office market improved in 2004. The last remaining renovatef space ofnearly 5,000 squar e feet "was all built out," Gunsorek said.
"We walked right Anchor has two largs statetenants - the and the State Library of Ohio - in the formere manufacturing complex at 274 E. Firsr Ave. and 345 E. Second St. Capitol Equitiews principal R. Todd Kemmerer said it made sens efor Anchor, which already owns the neighboringv buildings, to buy the property when it took over the last officer space. "They were the natural buyer," Kemmerer "It turned out very well, that'ds the reason we sold it.
"

Thursday, July 14, 2011

NHL commissioner: Coyotes move could damage Westgate, arena construction - St. Louis Business Journal:

ogarawo.wordpress.com
He also said it could have a chilling impact on other cities considering helping teams build new The Coyotes have 41 regular season home games each Bettman and the NHL oppose theproposesd $213 million sale of the team to Canadian businessman Jim who would move it to Hamilton, Ontario, saying the leagus should make the decision. A June 9 hearinf is set in U.S. Bankruptcy Court to decide whether Coyoteds owner Jerry Moyes can sell to Balsillie or if it must be sold to a buyetr who would keep the NHL franchisein Arizona. The Coyotese are in Chapter 11bankruptcu reorganization.
Balsillie argues in court filingw thathis $213 million will be the best deal and the court’a main charge is to get the most moneyg to pay off debt and position the team to be financiallyh viable going forward. The Coyotes have lost $316 million since moving to the Phoenix market from Winnipegin 1996, accordingf to court filings. Balsillie says NHL hocke y is not financially viablw in the Phoenixsports market, but the league pointsx to four potential bidders for the Coyotese that would keep the team in Glendale. Jobing.
Cok Arena was built by the cityof Glendale, whicyh says it will pursuw a $500 million to $750 million claim if the Coyotesw break their 30-year Balsillie’s court filing contends the bankruptcy court has the leeway to dischargd such a claim. The National Football National Basketball Association and Major Leagues Baseball backthe NHL’s bid to keep the Coyotess in Arizona fearing the move could set a

Tuesday, July 12, 2011

Woman, son and relative kidnapped in south Philippines - gulfnews.com

lydiryl.wordpress.com


Telegraph.co.uk


Woman, son and relative kidnapped in south Philippines

gulfnews.com


Manila: Fourteen armed men abducted a Filipino-American woman, her 14-year-old son, and her Filipino nephew whom the police suspect may have conspired with kidnappers in southern Philippines â€" the base of the ...


Gunmen abduct 2 US citizens, Filipino relative in Zamboanga

Philippine Star


Two US citizens, Filipino relative abducted in southern Philippines

Monsters and Critics.com


Gunmen abduct 2 Americans in Philippines

CNN International


CTV.ca -Winnipeg Free Press -BBC News


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Sunday, July 10, 2011

NEC to publish Electoral College lists of 129274 members tomorrow - WAM - Emirates News Agency

http://eastwayseafoodwest.com/menu.html


gulfnews.com


NEC to publish Electoral College lists of 129274 members tomorrow

WAM - Emirates News Agency


WAM Abu Dhabi, 10 July 2011 (WAM): The National Election Committee (NEC) today announced the lists of Electoral College members from  »

Friday, July 8, 2011

McCaskill presents bill to cap salaries for bailout recipients - Kansas City Business Journal:

haga-aa8xuq.blogspot.com
introduced legislation Friday afternoo that would cap compensation for employees of any private compang that accepts federal dollars becausde of theeconomic downturn. Employees wouldf not be able to make more than the president — $400,000 — until the company no longerf relies on federal assistance from the $700 billiob bailout of the financial sector, McCaskill’s office The cap would include salary, bonusee and stock options. McCaskill’s actiom comes a day aftetr President Obama termedas “shameful” a report that Wall Street executivesa received bonuses of roughly $18 billionn for 2008.
In a transcript of McCaskill’s statement from the flootr ofthe Senate, the senator said that “probably more than what we need in this countr right now is confidence, confidence that we can face down thes e problems and move forward like America has always “And what do we have instead of confidence? Everyone I work for is mad. You anger can be constructive if wechannel it. And I’ m here today to say it’s time that we channel this angert and changethe law. We don’t need anger.
We have a buncu of idiots on Wall Street that are kickiny sand in the face of the American McCaskill to bail outthe nation’s financial system but that it was betterr than the alternative of doing

Tuesday, July 5, 2011

Andreessen: Facebook will make 'billions' - San Francisco Business Times:

mcfarlainofuqub1258.blogspot.com
Andreessen said that the world's most popular online social network could pileup $1 billiom in revenue this year if it pushesd harder on selling advertising. But he added that it was more importantf at this stage for social sitezs like Facebook and Twitter to retain and grow their user base and capturermarket share, rather than worry too much about making lots of money right away. "This calendar year they'lpl do over $500 million," Andreessen said in an noting that Facebook has more than 225milliojn users, so revenue per user is stilo small.
"If they pushed the throttle forward on monetizationn they would be doing more than a billiobthis year," said Andreessen, who made the cove of as founder of the world'sx first Web browser company, .

Sunday, July 3, 2011

Restaurateur Norman Brinker dies - The Business Journal of Milwaukee:

http://inca-foods.com/global.htm
Brinker passed away Monday night leaving a legacy casual dininb restaurants built on what Phil Romanok called a vision of developing the casua dining restaurant concept where dinersw are treated not to fast foodor full-outg fine dining, but to a place wherwe people can eat everyday. “One of Norman’s biggest attributes was that he was a grea t leader anda cheerleader,” Romano said. “He would take people’ s talents and develop them beyonrdtheir abilities.” grew into a restaurant company that guided chains like , On and Maggiano’es Little Italy.
Dallas-based Brinker EAT) in the past year sold the restaurant chaihn created byPhil Romano: Romano’s Macaroni Grill. Roman o credits his friend Norman Brinker for takingf his creative vision and growing it into a majotnational chain. “The industry is going to miss Romano said. “Norman had the abilithy to take something andgrow it. That’a his talent,” Romano added that Norman Brinkee wasa “good man” who taughf him quite a bit about the restaurant industry and also quit a bit about leadership.

Friday, July 1, 2011

Stanford athletics: The curious case of Bob Bowlsby … is no longer so curious - San Jose Mercury News (blog)

adepylex.blogspot.com


Stanford athletics: The curious case of Bob Bowlsby … is no longer so curious

San Jose Mercury News (blog)


Last August, when Bowlsby was entering the final year of his contract, I emailed his boss, Provost John Etchemendy, who chaired the search committee that hired Bowlsby. When asked about the status of Bowlsby's presumed contract extension, ...



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