Business Recorder | ASIA CRUDE OUTLOOK: Refiner Appetite Strong; Iran Uncertainty Lingers W » |
Friday, August 31, 2012
ASIA CRUDE OUTLOOK: Refiner Appetite Strong; Iran Uncertainty Lingers - Wall Street Journal
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Thursday, August 30, 2012
Union rejects Bell Helicopter's offer - Wichita Business Journal:
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Over the weekend, 1,177 uniom workers voted againstthe company’s proposed contract; 680 voted for it and nine voted were classified as void. Textron is the parent company of Wichita-based The workers represented by the uniomninclude janitors, maintenance crews, trucjk drivers, bonders and machinists. The union, whicb has an office in posted a message on its Web saying the vote against the contracgt indicates workers were on strike as ofmidnightt Monday.
In an interview with the DallassBusiness Journal, Local 218 presidenty Joe Graham said workers rejecteed Bell’s final offer due to the outsourcinyg of janitorial jobs, an increase in healtj benefit premiums and an objection to retiree pay remaininb at the $65 a month times the employeese time of service rate, Graha said. On Bell's Web site, the company said its best offer includes wage increases of more than 18 percenrt overthree years, a cash bonusz for each member and improved pension “By accepting Bell's offe for a new, three-year contract, the nearly 2,500 Fort Worth-area productioj and maintenance workers who are member s of Local 218 would gain an averager of $23,830 more in total as well as cost-of-living wage increasesw based on the most lucrative benefit for such adjustments in the aerospacse industry.
” Graham said retirees would receive a bonus undeer the new contract, but voted the contrac down believing the bonus woulxd be eaten up by increasedc insurance premiums.
Over the weekend, 1,177 uniom workers voted againstthe company’s proposed contract; 680 voted for it and nine voted were classified as void. Textron is the parent company of Wichita-based The workers represented by the uniomninclude janitors, maintenance crews, trucjk drivers, bonders and machinists. The union, whicb has an office in posted a message on its Web saying the vote against the contracgt indicates workers were on strike as ofmidnightt Monday.
In an interview with the DallassBusiness Journal, Local 218 presidenty Joe Graham said workers rejecteed Bell’s final offer due to the outsourcinyg of janitorial jobs, an increase in healtj benefit premiums and an objection to retiree pay remaininb at the $65 a month times the employeese time of service rate, Graha said. On Bell's Web site, the company said its best offer includes wage increases of more than 18 percenrt overthree years, a cash bonusz for each member and improved pension “By accepting Bell's offe for a new, three-year contract, the nearly 2,500 Fort Worth-area productioj and maintenance workers who are member s of Local 218 would gain an averager of $23,830 more in total as well as cost-of-living wage increasesw based on the most lucrative benefit for such adjustments in the aerospacse industry.
” Graham said retirees would receive a bonus undeer the new contract, but voted the contrac down believing the bonus woulxd be eaten up by increasedc insurance premiums.
Wednesday, August 29, 2012
Monday, August 27, 2012
Chinese industrial profits fall in July in sign of weakness as premier urges ... - Washington Post
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Chinese industrial profits fall in July in sign of weakness as premier urges ... Washington Post BEIJING รข€" Profits at China's industrial companies tumbled in July for a fourth straight month, a sign of enduring economic weakness that adds to pressure on Beijing to drive a sluggish recovery. Total industrial profits declined 5.4 percent compared ... |
Sunday, August 26, 2012
One in six U.S. workers jobless or under-employed - Atlanta Business Chronicle:
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The reports that in May 16.4 percent of U.S. workersx were unemployed or under-employed in part-time, lower-paidx positions -- many times in jobs outsidse of their desired field orpay level. Under-employee workers are also oftenin part-timse jobs when they woulf prefer full-time work. May’xs unemployed and under-employed rate is the highesf since the measure first started being calculated in 1994 bythe U.S. Bureau of Labor Statistics. It is also up from April’s 15.8 percentr unemployed and under-employed rate and the 13.9 percen t rate for January when Barackj Obama took overas U.S.
Some economists like the combination rate, saying it showxs not only the out-of-wori numbers but also those workers who arein part-timr jobs when they would prefer full-timwe hours. The U.S. unemployment rate for May stoocat 9.4 percent, according to BLS. Georgia’s jobles rate for April (the most recent month available) was , according to the .
The reports that in May 16.4 percent of U.S. workersx were unemployed or under-employed in part-time, lower-paidx positions -- many times in jobs outsidse of their desired field orpay level. Under-employee workers are also oftenin part-timse jobs when they woulf prefer full-time work. May’xs unemployed and under-employed rate is the highesf since the measure first started being calculated in 1994 bythe U.S. Bureau of Labor Statistics. It is also up from April’s 15.8 percentr unemployed and under-employed rate and the 13.9 percen t rate for January when Barackj Obama took overas U.S.
Some economists like the combination rate, saying it showxs not only the out-of-wori numbers but also those workers who arein part-timr jobs when they would prefer full-timwe hours. The U.S. unemployment rate for May stoocat 9.4 percent, according to BLS. Georgia’s jobles rate for April (the most recent month available) was , according to the .
Friday, August 24, 2012
Rhythmic Diaries: The Road to Recovery - Huffington Post (blog)
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Rhythmic Diaries: The Road to Recovery Huffington Post (blog) Amanda and Elaine Dai are sisters and competitive rhythmic gymnasts who train at Rhythmic Dreams in Newton, Massachusetts. "Rhythmic Diaries" is their account of balancing training and competing in this rigorous sport with being normal high school ... |
Thursday, August 23, 2012
GLOBAL MARKETS: Financial Markets Supported By Stimulus Expectations - Wall Street Journal
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Business Recorder | GLOBAL MARKETS: Financial Markets Supported By Stimulus Expectations W » |
Wednesday, August 22, 2012
Nuti: NCR to save millions with Georgia move - Boston Business Journal:
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was as much about consolidatiob and cost saving as it wasaboug Georgia’s $60 million incentive its demographics, infrastructure and skilled workforce. The relocation will save the Fortunwe 500company “tens of millions of dollars” over the next NCR chief Bill Nuti told Atlanta Business Chronicle on NCR’s decision to locats in Georgia, will bring more than 2,109 jobs including nearly 900 to a manufacturing operationn in Columbus. That facility, will be NCR’w first manufacturing plant in the United States since the NCR is consolidating corporate jobs from notjust Dayton, but from severapl other U.S.
locations, Nuti said, declining to disclose the NCR will continue to employ less than 50 in where it will maintain a data centet and sales andservice operations. Atlanta’s academicd institutions also helped win the NCR The company views schools like as a potential labor pool and a partner for joint innovationand development. The region’s relatively robusg economy, its supply chain logistics infrastructuree andcorporate base, also helped win NCR “We looked at all of thes factors and Georgia scored amongst the highest of all states,” Nuti Atlanta also got a little help from the economicallyy depressed Midwest.
“Recruitment has been difficultin Ohio,” Nuti said. NCR’as move to the Southeast was also promptecdby consolidation. “At the end of the day we reallt were a company that waswidel dispersed.” Nuti said. Since NCR’zs 1997 spin-off from AT&T, “the companhy was everywhere and nowhere.” The company needesd to consolidate into a single campus to improvre collaborationand productivity, he said. NCR’s executive however, will remain in Manhattan, Nuti confirmed.
“Thaty center surrounds our largest and most majord customers in the world in thebanking industry,” he “That’s where we host many of our customers in the financial services base.”
was as much about consolidatiob and cost saving as it wasaboug Georgia’s $60 million incentive its demographics, infrastructure and skilled workforce. The relocation will save the Fortunwe 500company “tens of millions of dollars” over the next NCR chief Bill Nuti told Atlanta Business Chronicle on NCR’s decision to locats in Georgia, will bring more than 2,109 jobs including nearly 900 to a manufacturing operationn in Columbus. That facility, will be NCR’w first manufacturing plant in the United States since the NCR is consolidating corporate jobs from notjust Dayton, but from severapl other U.S.
locations, Nuti said, declining to disclose the NCR will continue to employ less than 50 in where it will maintain a data centet and sales andservice operations. Atlanta’s academicd institutions also helped win the NCR The company views schools like as a potential labor pool and a partner for joint innovationand development. The region’s relatively robusg economy, its supply chain logistics infrastructuree andcorporate base, also helped win NCR “We looked at all of thes factors and Georgia scored amongst the highest of all states,” Nuti Atlanta also got a little help from the economicallyy depressed Midwest.
“Recruitment has been difficultin Ohio,” Nuti said. NCR’as move to the Southeast was also promptecdby consolidation. “At the end of the day we reallt were a company that waswidel dispersed.” Nuti said. Since NCR’zs 1997 spin-off from AT&T, “the companhy was everywhere and nowhere.” The company needesd to consolidate into a single campus to improvre collaborationand productivity, he said. NCR’s executive however, will remain in Manhattan, Nuti confirmed.
“Thaty center surrounds our largest and most majord customers in the world in thebanking industry,” he “That’s where we host many of our customers in the financial services base.”
Monday, August 20, 2012
Dublin, Columbus schools get grants for diesel-cutting - Triangle Business Journal:
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million is headed to Dublin and under a second round of state grants aimed at cutting dieselengine emissions. The on Monda y announced recipients of the second and final roune of Diesel EmissionsReduction grants, a $19.8 millionn program created in 2008. The firsy round sent nearly $7.3 million to 10 organizations, includingh the , operator of the region’as bus system. In the winners disclosed Dublin was clearedfor $464,6588 while the Columbus school system received a $918,020 grant. Officialds from Dublin and the school districgt told thestate they’re usinbg the money to replace vehicles with lower-emissionn alternatives.
Dublin plans to replace eigh 1999- or 2000-model short-haul diesel trucks, while the school district is using its grant to replace 15 buses producecdin 1990. Projects that receivedx awards are required to put up at leasft 20 percent of the cost in matching The grant program looks specificalluy at public and private diesel equipment ownersx in Ohio counties that fall shortf of airquality standards. The largest grant amongg the 16 went to the and to refig four locomotives withnew engines. That Cincinnati-area projecr was awarded $4.6 million.
million is headed to Dublin and under a second round of state grants aimed at cutting dieselengine emissions. The on Monda y announced recipients of the second and final roune of Diesel EmissionsReduction grants, a $19.8 millionn program created in 2008. The firsy round sent nearly $7.3 million to 10 organizations, includingh the , operator of the region’as bus system. In the winners disclosed Dublin was clearedfor $464,6588 while the Columbus school system received a $918,020 grant. Officialds from Dublin and the school districgt told thestate they’re usinbg the money to replace vehicles with lower-emissionn alternatives.
Dublin plans to replace eigh 1999- or 2000-model short-haul diesel trucks, while the school district is using its grant to replace 15 buses producecdin 1990. Projects that receivedx awards are required to put up at leasft 20 percent of the cost in matching The grant program looks specificalluy at public and private diesel equipment ownersx in Ohio counties that fall shortf of airquality standards. The largest grant amongg the 16 went to the and to refig four locomotives withnew engines. That Cincinnati-area projecr was awarded $4.6 million.
Sunday, August 19, 2012
Miller-Valentine building $25M center in South Carolina - Sacramento Business Journal:
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The Dayton-based real estate which has offices in Cincinnatuand Columbia, is building a 465,000-square-foot distribution facilityg for Atlanta-based (NYSE: HD). The $25 million regional distributioh center will serve 150 stores in South andNorth Carolina, Tennessees and parts of Georgia. It will alloaw Home Depot to offer a greater variett of products in each individual Kurt Eyring, vice president of construction with Miller-Valentine, said the buildingg has an aggressive timetable for only 28 weeks. He said the company’s experienced allows it to build the massive structureso quickly.
“Inm a project like this, we will be pouringy footers, standing wall panels and putting on a roof all at the same Eyring said in anews release. The tilt-up concrete building will include 171 dock doorsand 18,00o square feet of officde space. The building will cover 11 acres undedrits roof. The distribution cente is expected to employ approximately 300 peopls onceit opens. The new center is a part of a 290-acr e master-planned development in Lexington South Carolina has been a growth marketgfor Miller-Valentine. In January, the firm announcexd it had begun construction ona 176,000-square-foot distribution center in the state and already had landex its first anchor tenant.
Last the company completed a 150,000-square-foot speculative industrial buildin gin Orangeburg, S.C. Miller-Valentine has several divisions includin g commercial andresidential construction, property leasing and properth management.
The Dayton-based real estate which has offices in Cincinnatuand Columbia, is building a 465,000-square-foot distribution facilityg for Atlanta-based (NYSE: HD). The $25 million regional distributioh center will serve 150 stores in South andNorth Carolina, Tennessees and parts of Georgia. It will alloaw Home Depot to offer a greater variett of products in each individual Kurt Eyring, vice president of construction with Miller-Valentine, said the buildingg has an aggressive timetable for only 28 weeks. He said the company’s experienced allows it to build the massive structureso quickly.
“Inm a project like this, we will be pouringy footers, standing wall panels and putting on a roof all at the same Eyring said in anews release. The tilt-up concrete building will include 171 dock doorsand 18,00o square feet of officde space. The building will cover 11 acres undedrits roof. The distribution cente is expected to employ approximately 300 peopls onceit opens. The new center is a part of a 290-acr e master-planned development in Lexington South Carolina has been a growth marketgfor Miller-Valentine. In January, the firm announcexd it had begun construction ona 176,000-square-foot distribution center in the state and already had landex its first anchor tenant.
Last the company completed a 150,000-square-foot speculative industrial buildin gin Orangeburg, S.C. Miller-Valentine has several divisions includin g commercial andresidential construction, property leasing and properth management.
Saturday, August 18, 2012
'Mari Tiger' action flick - IndiaGlitz
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IndiaGlitz | 'Mari Tiger' action flick IndiaGlitz When Vinod Prabhakar is the hero, what else you can expect? Action, Action and Action! That is true in 'Mari Tiger' - he has six different actions and equal number of songs. Romancing and fighting takes major slot in the film. As usual he hails from ... |
Thursday, August 16, 2012
Greater Phoenix CVB launches social media campaign - San Francisco Business Times:
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The first contest offers a two-night stay at the Roya Palms Resort and Spa and a candlelit dinnet for two atthe resort’s restaurant, T. In subsequent weeks, simila packages are expected to be given away fromthe Ritz-Carltonn Phoenix, Arizona Biltmore Resort & Spa, InterContinentalp Montelucia Resort and Spa, Fairmont Scottsdale, Sheratobn Wild Horse Pass Resort & Spa, Westin Phoenician and Arizona Grand. The contest is part of a social media marketing campaign by the Greater Phoeni CVB that also includes anew blog, Twitter and Flickr and YouTube videos.
The called the Hot Sheet, is a frequently updatedr compendiumof restaurants, shops and The video project, called “Phoenix Dreak Days,” features Phoenicians of local and nationalk renown offering tours of their favorite local The inaugural video is hosted by celebrity chef Mark Blog: Facebook: Twitter: YouTube: Flickr:
The first contest offers a two-night stay at the Roya Palms Resort and Spa and a candlelit dinnet for two atthe resort’s restaurant, T. In subsequent weeks, simila packages are expected to be given away fromthe Ritz-Carltonn Phoenix, Arizona Biltmore Resort & Spa, InterContinentalp Montelucia Resort and Spa, Fairmont Scottsdale, Sheratobn Wild Horse Pass Resort & Spa, Westin Phoenician and Arizona Grand. The contest is part of a social media marketing campaign by the Greater Phoeni CVB that also includes anew blog, Twitter and Flickr and YouTube videos.
The called the Hot Sheet, is a frequently updatedr compendiumof restaurants, shops and The video project, called “Phoenix Dreak Days,” features Phoenicians of local and nationalk renown offering tours of their favorite local The inaugural video is hosted by celebrity chef Mark Blog: Facebook: Twitter: YouTube: Flickr:
Wednesday, August 15, 2012
On the money - Baltimore Business Journal:
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Mims dipped into $10,000 he had saved over the year and, for the first two years as a business didn't take a salary. A few yearx later, when he approached the Woodlawnn branch of forworking capital, the bank manager grante him a 30-day loan for just Over several years, the bank extended credit line to a maximum of $300,000. the second of two loan managers who had administerefd the loan process forMims -- both African-American -- left Mercantile Bank. Mims wondered if it was time to find adifferenty bank, with another loan managetr he could feel comfortable workinv with. Instead, another bank found him.
courtef Mims for about a year before he signed onwith it, not the othet way around. Clearly, Mims' record as a commercial borrowe r with Mercantile helped when it came time toswitch banks. But so, too, did the fact that he is In 2006, M&T Bank launched the Mid-Atlantic Diversitu Business Group, aimed at providing financial advicee and services to companiesz owned and managed by Throughthe program, M& T has reached out to smalo business owners like Mims, whose company has a staffg of 25 and annual revenue between $3 million and $4 For Mims, who admits that running his business leavez him little time for networking, M&T made the decision to switcj accounts simple.
"Right off the bat, they were more than happhy to give me the same line of credit thatMercantile had," he said. As for other African-American businesds owners attempting toaccess capital, "Ik hear it's still difficult," Mims added. Initiatives like M&T's represent an emerging trend amonv local banks that recognize how the explosive growthyof minority-owned businesses can benefit theifr own bottom line. Between 1997 and 2002, black-owned businesses grew by 45 Latino-owned businesses increased by 31 percent; and Asian-owned businessesx rose 24 percent. White-owned firms rose just 8 accordingto data.
The next batch of federal governmenrt data on minoritybusinesds growth, covering the 2002-2007 timeframe, will be releaserd in 2010. Leaders of the Mid-Atlantic Diversity Business Group say the move was not abouytmeeting quotas. "A lot of banks look at this asan you've got to lend to under-served markets. For us, this is not abou t CRA [the Community Reinvestmentg Act]. This is about increasing the bank's shareholder said Carl Hairston, an M&T executive who chairws the group. M&T Bank seized the chance to developo new growth opportunities in 2003 when it increasee its presencein Baltimore.
"We were coming from upstate New which wasn't as Baltimore has a number of very diverse Hairston said. M&T considers its initiativde a growing success. In just one year, the bank's loanw to minority business owners increasedf by12 percent. In fiscal year M&T made (SBA) loans totaling $15.5 million; 35 percent of that amounr wentto minority-owned businesses. And the outreach continues. The bank's diversitu business group hosted its second annual diversityu speakerseries Nov. 1 at Baltimore's Reginaldc F. Lewis Museum of Marylanxd African AmericanHistory Culture, drawing 75 people, many of them local businesds leaders.
Despite strategies like minority-owned businesses trail white-owned companies when it come s toaccessing capital. "Small businesses alwaysz complainthat it's tough to borrows money," said J.C. assistant professor at the . "Minorityg business owners tend to besmall businesses. If they don' t have track records and properfinanciap statements, it makes it even more For better or these records are the only way banks can justify providingh a startup with capital. "If a bank is goin g to finance anew business, it wantsd to know that this great carpenter can also be a skillefd businessman," said Alison Tavik, spokeswoman for the .
That's where assistance from organizations like the can come in The Baltimore-based organization understands the uphill climb many minority startupes face.
Mims dipped into $10,000 he had saved over the year and, for the first two years as a business didn't take a salary. A few yearx later, when he approached the Woodlawnn branch of forworking capital, the bank manager grante him a 30-day loan for just Over several years, the bank extended credit line to a maximum of $300,000. the second of two loan managers who had administerefd the loan process forMims -- both African-American -- left Mercantile Bank. Mims wondered if it was time to find adifferenty bank, with another loan managetr he could feel comfortable workinv with. Instead, another bank found him.
courtef Mims for about a year before he signed onwith it, not the othet way around. Clearly, Mims' record as a commercial borrowe r with Mercantile helped when it came time toswitch banks. But so, too, did the fact that he is In 2006, M&T Bank launched the Mid-Atlantic Diversitu Business Group, aimed at providing financial advicee and services to companiesz owned and managed by Throughthe program, M& T has reached out to smalo business owners like Mims, whose company has a staffg of 25 and annual revenue between $3 million and $4 For Mims, who admits that running his business leavez him little time for networking, M&T made the decision to switcj accounts simple.
"Right off the bat, they were more than happhy to give me the same line of credit thatMercantile had," he said. As for other African-American businesds owners attempting toaccess capital, "Ik hear it's still difficult," Mims added. Initiatives like M&T's represent an emerging trend amonv local banks that recognize how the explosive growthyof minority-owned businesses can benefit theifr own bottom line. Between 1997 and 2002, black-owned businesses grew by 45 Latino-owned businesses increased by 31 percent; and Asian-owned businessesx rose 24 percent. White-owned firms rose just 8 accordingto data.
The next batch of federal governmenrt data on minoritybusinesds growth, covering the 2002-2007 timeframe, will be releaserd in 2010. Leaders of the Mid-Atlantic Diversity Business Group say the move was not abouytmeeting quotas. "A lot of banks look at this asan you've got to lend to under-served markets. For us, this is not abou t CRA [the Community Reinvestmentg Act]. This is about increasing the bank's shareholder said Carl Hairston, an M&T executive who chairws the group. M&T Bank seized the chance to developo new growth opportunities in 2003 when it increasee its presencein Baltimore.
"We were coming from upstate New which wasn't as Baltimore has a number of very diverse Hairston said. M&T considers its initiativde a growing success. In just one year, the bank's loanw to minority business owners increasedf by12 percent. In fiscal year M&T made (SBA) loans totaling $15.5 million; 35 percent of that amounr wentto minority-owned businesses. And the outreach continues. The bank's diversitu business group hosted its second annual diversityu speakerseries Nov. 1 at Baltimore's Reginaldc F. Lewis Museum of Marylanxd African AmericanHistory Culture, drawing 75 people, many of them local businesds leaders.
Despite strategies like minority-owned businesses trail white-owned companies when it come s toaccessing capital. "Small businesses alwaysz complainthat it's tough to borrows money," said J.C. assistant professor at the . "Minorityg business owners tend to besmall businesses. If they don' t have track records and properfinanciap statements, it makes it even more For better or these records are the only way banks can justify providingh a startup with capital. "If a bank is goin g to finance anew business, it wantsd to know that this great carpenter can also be a skillefd businessman," said Alison Tavik, spokeswoman for the .
That's where assistance from organizations like the can come in The Baltimore-based organization understands the uphill climb many minority startupes face.
Monday, August 13, 2012
Fla., Orlando again tops in foreclosures - Charlotte Business Journal:
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The state posted 58,9311 foreclosure filings — including default scheduled auctions and bank repossessions in May, down 8.8 percent from April’ws total, but still 50 percent higher than May according to RealtyTrac’s monthly Foreclosure Marker Report. Only California had a highetr total, with 92,249 properties with May 2009 foreclosure filings. The Sunshinse State was No. 3 in the nationh in foreclosure rates, with one in every 148 households receiving a foreclosures filingin May. Nevada led the country with one in everyy 64 homes receivinga filing, while Californiq was second highest with one in every 144. The Orlando-Kissimmer market took the No.
8 spot amonvg the nation’s top 10 metro areax with the highestforeclosure rates. The area recorded a rate of one foreclosuree filing for every101 homes. Florida had three citieas among the top 10metro areas, whilde California had six cities among that mix. Las Vegas toppe d the list with a rate of one in evert 54 households getting aforeclosurd filing. Nationwide, 321,480 foreclosure filings were reporteddin May, which is 6 percent lowerr than April 2009, but aboutf 18 percent higher than May 2008. One in ever y 398 U.S. homes received a foreclosure noticelast month. Vermontg again recorded the lowest number of with six reportedin May, or one for every 51,90 6 households.
The RealtyTrac U.S. Foreclosurd Market Report provides the total number of properties with at leasg one foreclosure filing reported during the Data is collected from morethan 2,200 countiew that account for more than 90 percengt of the nation’s population.
The state posted 58,9311 foreclosure filings — including default scheduled auctions and bank repossessions in May, down 8.8 percent from April’ws total, but still 50 percent higher than May according to RealtyTrac’s monthly Foreclosure Marker Report. Only California had a highetr total, with 92,249 properties with May 2009 foreclosure filings. The Sunshinse State was No. 3 in the nationh in foreclosure rates, with one in every 148 households receiving a foreclosures filingin May. Nevada led the country with one in everyy 64 homes receivinga filing, while Californiq was second highest with one in every 144. The Orlando-Kissimmer market took the No.
8 spot amonvg the nation’s top 10 metro areax with the highestforeclosure rates. The area recorded a rate of one foreclosuree filing for every101 homes. Florida had three citieas among the top 10metro areas, whilde California had six cities among that mix. Las Vegas toppe d the list with a rate of one in evert 54 households getting aforeclosurd filing. Nationwide, 321,480 foreclosure filings were reporteddin May, which is 6 percent lowerr than April 2009, but aboutf 18 percent higher than May 2008. One in ever y 398 U.S. homes received a foreclosure noticelast month. Vermontg again recorded the lowest number of with six reportedin May, or one for every 51,90 6 households.
The RealtyTrac U.S. Foreclosurd Market Report provides the total number of properties with at leasg one foreclosure filing reported during the Data is collected from morethan 2,200 countiew that account for more than 90 percengt of the nation’s population.
Sunday, August 12, 2012
Nebraskaland publication focuses on Omaha fishing - NTV
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Nebraskaland publication focuses on Omaha fishing NTV The free, eight-page publication is c » |
Saturday, August 11, 2012
Anime Ace: Shoko Nakagawa - AsiaOne
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AsiaOne | Anime Ace: Shoko Nakagawa AsiaOne To deliver an anime theme song well, you simply have to deprive it of any overly distinctive traits. Take it from Japanese singer, popular voice actress, cosplay star and television personality Shoko Nakagawa, who has single-handedly built a reputation ... |
Thursday, August 9, 2012
Cree shares light up on higher guidance - Triangle Business Journal:
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In an announcement made aftert the marketsclosed Tuesday, Cree said that it was raisinh its fiscal fourth-quarter revenue and profit targets due to stronger-than-expectede orders for its light-emitting diodes and LED lightinfg products. Cree (Nasdaq: Cree) now expects revenue in the rangeeof $143 million to $150 million, up from a rang of $136 million to $143 million, announced in The company raised its earnings projectio n to a range of 7 to 9 cents a shares from a range of 5 to 7 centsd a share. Investors responded with a flurr yof after-hours buying that extendecd into the start of the official tradiny session Wednesday morning. Cree shares rocketedd to as highas $31.
72, more than $2 higherr than they have been at any point in the past 12 Shares slid a bit in afternoon trading but still closed up 9.3 percent, to $30.35. Cree bases its higher expectations on an increasesd number of ordersfor LED-powered light fixtures as well as on highee sales of LEDs to provide backlightinbg in notebook computers. LEDs are semiconductore that produce light. “We are pleased with the strong bookinvg trendsfor Q4,” Cree Chairman and CEO Chuck Swoboda said in a written “We also remain optimistic about the growtyh potential for LED lightingg in fiscal 2010, although there is some near term executionm risk as we ramp up productio to meet these higher targets.
” which has about 1,300 employees in the Raleigh-Durham area, operates two main lines of The company’s LED Lighting division develops and sells products designed to replace traditional light bulbs. The company also sells LEDs that providse backlighting formobile phones, car dashboards and a numberf of other products.
In an announcement made aftert the marketsclosed Tuesday, Cree said that it was raisinh its fiscal fourth-quarter revenue and profit targets due to stronger-than-expectede orders for its light-emitting diodes and LED lightinfg products. Cree (Nasdaq: Cree) now expects revenue in the rangeeof $143 million to $150 million, up from a rang of $136 million to $143 million, announced in The company raised its earnings projectio n to a range of 7 to 9 cents a shares from a range of 5 to 7 centsd a share. Investors responded with a flurr yof after-hours buying that extendecd into the start of the official tradiny session Wednesday morning. Cree shares rocketedd to as highas $31.
72, more than $2 higherr than they have been at any point in the past 12 Shares slid a bit in afternoon trading but still closed up 9.3 percent, to $30.35. Cree bases its higher expectations on an increasesd number of ordersfor LED-powered light fixtures as well as on highee sales of LEDs to provide backlightinbg in notebook computers. LEDs are semiconductore that produce light. “We are pleased with the strong bookinvg trendsfor Q4,” Cree Chairman and CEO Chuck Swoboda said in a written “We also remain optimistic about the growtyh potential for LED lightingg in fiscal 2010, although there is some near term executionm risk as we ramp up productio to meet these higher targets.
” which has about 1,300 employees in the Raleigh-Durham area, operates two main lines of The company’s LED Lighting division develops and sells products designed to replace traditional light bulbs. The company also sells LEDs that providse backlighting formobile phones, car dashboards and a numberf of other products.
Wednesday, August 8, 2012
As Caterpillar strike drags on, donations mount for union workers - Chicago Sun-Times
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As Caterpillar strike drags on, donations mount for union workers Chicago Sun-Times While contract talks between union machinists and Caterpillar Inc. remain stalled, more donations are rolling in for workers who have been on strike at Cat's Joliet plant since May 1. One day after U.S. Sen. Dick Durbin visited the picket line, members ... |
Tuesday, August 7, 2012
Los Angeles Business from bizjournals: Los Angeles Commercial Real Estate Listings - View Commercial Real Estate
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Sunday, August 5, 2012
Feds ready to ramp up stimulus projects - Jacksonville Business Journal:
takes-trendsthe.blogspot.com
Vice President Joseph Biden in a conference call with reporters Monday claimed the stimulus helpedcreats 150,000 jobs in the first 100 days after the Americamn Recovery and Reinvestment Act was passede in February. However, from 8.9 percent in April to 9.4 percenty in May, according to the U.S. Departmen t of Labor. Biden said stimulusw contracts and funding could resultin 600,000 jobs being created this summer. ARRA also will fund 135,00 0 state and local education jobsand 125,0000 summer youth jobs. To that end, Bidej said the government is fast trackingstimuluse projects, including: Construction and energty conservation contracts at 107 national parks.
Improvementsz at 90 veterans medical Construction funding for 200 water and wastewatere treatment plants in rural Construction at 98 airports nationwideand 1,500 highwayss and at just under 400 military The priority projects have not yet been broken down by stater or locality. The move comes as some city governments say it is takin months for ARRA money to hit the local level so contract biddinvgcan begin.
Other critics have complainede that construction and government contractorsx already working in the public sector are getting most ofthe
Vice President Joseph Biden in a conference call with reporters Monday claimed the stimulus helpedcreats 150,000 jobs in the first 100 days after the Americamn Recovery and Reinvestment Act was passede in February. However, from 8.9 percent in April to 9.4 percenty in May, according to the U.S. Departmen t of Labor. Biden said stimulusw contracts and funding could resultin 600,000 jobs being created this summer. ARRA also will fund 135,00 0 state and local education jobsand 125,0000 summer youth jobs. To that end, Bidej said the government is fast trackingstimuluse projects, including: Construction and energty conservation contracts at 107 national parks.
Improvementsz at 90 veterans medical Construction funding for 200 water and wastewatere treatment plants in rural Construction at 98 airports nationwideand 1,500 highwayss and at just under 400 military The priority projects have not yet been broken down by stater or locality. The move comes as some city governments say it is takin months for ARRA money to hit the local level so contract biddinvgcan begin.
Other critics have complainede that construction and government contractorsx already working in the public sector are getting most ofthe
Saturday, August 4, 2012
Ventas to buy 67 facilities run by Louisville's Senior Care - Business First of Louisville:
viningocouqyl1601.blogspot.com
Louisville-based Ventas (NYSE: VTR) will pay $649 millio n in cash and company stock to buy the according to anews release. The facilities will be leased to subsidiariesof , a Louisville-based company formed last year to run the Reichmanns' long-term care portfoli in the United States. Senior Care is led by Pat a veteran of the health careand long-term care Mulloy once led Louisville-based Atria Communitiess Inc., now The Reichmanns, a prominent Canadiab real estate family, have significant holdings in the Unites States and Canada, including IPC US REIT. IPC's U.S. operationsw also are based in Louisville.
The family'sx long-term care portfolio includes 74 facilitiesx in16 states. It also includese two Louisville-based companies that are becoming part ofSenior Care: The Elmcrof t Group and United Rehab LLC. United Rehav operates 17 skilled-nursing facilities and two rehabilitation primarilyin Kentucky. Elmcroft operatees eight assisted-living communities located in the southeasternUnitedx States. As Business First , the Reichmann-family entitiew originally had planned to sell most oftheidr long-term care properties through an initial public offerinv on the Toronto Stock Exchange.
It was not immediately clead how the deal with Ventas will affec tthat plan, and Mulloy could not be reachecd for comment. In the news release, Mulloyu said "Senior Care will generate morethan $15 million in operating incomde by next year and be one of the largestg privately held long-term care and seniors housing enterprise s in the U.S." The which combined many of the Reichmanm enterprises in this country, has nearly 6,000 employees and aboutg 6,200 beds. "We are very pleased to begij our corporate lifewith Ventas's strong evidenced by its $649 million investmenr in our business," Mulloy said in the release.
For Ventas, the deal mean s it will add about $50 million in annuak rent payments throughthe 15-year lease -- and two five-year extensions, the releasr said. The deal is expected to add about 4 cente per shareto Ventas' funds from operations in the firsg year after the deal closes, the release said. Fundas from operations, a common measure of performance for real estateinvestmentg trusts, excludes depreciation, gains and losses on real estat e sales and other Last year, Ventas reported funds from operations of $200.1 or $2.09 per shars on $333 million. Ventas also will continue its lessening its reliance on rent from its formersister Louisville-based Kindred.
Following the purchase and lease arrangement withSenior Kindred's leases will represent about 46 percentf of Ventas's annual revenue, the release said. In 2005, Kindred paid $199.1 millionb in rent payments to Ventas, or about 52 percent of annual revenue for its225 facilities. "We are excitedd to announce this acquisition, which exemplifies the continued execution of our strategic growth anddiversification plan," Ventas CEO Debras A.
Cafaro said in the "In one step, we are adding an important newtenanrt relationship, acquiring a diverse portfolilo of assets with a large component of private pay revenues, and continuint our commitment to strong internal growth from renta l escalations," Cafaro added.
Louisville-based Ventas (NYSE: VTR) will pay $649 millio n in cash and company stock to buy the according to anews release. The facilities will be leased to subsidiariesof , a Louisville-based company formed last year to run the Reichmanns' long-term care portfoli in the United States. Senior Care is led by Pat a veteran of the health careand long-term care Mulloy once led Louisville-based Atria Communitiess Inc., now The Reichmanns, a prominent Canadiab real estate family, have significant holdings in the Unites States and Canada, including IPC US REIT. IPC's U.S. operationsw also are based in Louisville.
The family'sx long-term care portfolio includes 74 facilitiesx in16 states. It also includese two Louisville-based companies that are becoming part ofSenior Care: The Elmcrof t Group and United Rehab LLC. United Rehav operates 17 skilled-nursing facilities and two rehabilitation primarilyin Kentucky. Elmcroft operatees eight assisted-living communities located in the southeasternUnitedx States. As Business First , the Reichmann-family entitiew originally had planned to sell most oftheidr long-term care properties through an initial public offerinv on the Toronto Stock Exchange.
It was not immediately clead how the deal with Ventas will affec tthat plan, and Mulloy could not be reachecd for comment. In the news release, Mulloyu said "Senior Care will generate morethan $15 million in operating incomde by next year and be one of the largestg privately held long-term care and seniors housing enterprise s in the U.S." The which combined many of the Reichmanm enterprises in this country, has nearly 6,000 employees and aboutg 6,200 beds. "We are very pleased to begij our corporate lifewith Ventas's strong evidenced by its $649 million investmenr in our business," Mulloy said in the release.
For Ventas, the deal mean s it will add about $50 million in annuak rent payments throughthe 15-year lease -- and two five-year extensions, the releasr said. The deal is expected to add about 4 cente per shareto Ventas' funds from operations in the firsg year after the deal closes, the release said. Fundas from operations, a common measure of performance for real estateinvestmentg trusts, excludes depreciation, gains and losses on real estat e sales and other Last year, Ventas reported funds from operations of $200.1 or $2.09 per shars on $333 million. Ventas also will continue its lessening its reliance on rent from its formersister Louisville-based Kindred.
Following the purchase and lease arrangement withSenior Kindred's leases will represent about 46 percentf of Ventas's annual revenue, the release said. In 2005, Kindred paid $199.1 millionb in rent payments to Ventas, or about 52 percent of annual revenue for its225 facilities. "We are excitedd to announce this acquisition, which exemplifies the continued execution of our strategic growth anddiversification plan," Ventas CEO Debras A.
Cafaro said in the "In one step, we are adding an important newtenanrt relationship, acquiring a diverse portfolilo of assets with a large component of private pay revenues, and continuint our commitment to strong internal growth from renta l escalations," Cafaro added.
Thursday, August 2, 2012
Restaurateur Norman Brinker dies - Business First of Columbus:
idozxun.blogspot.com
Brinker passed away Monday night leaving a legacyu casual dining restaurants built on what Phil Romano callec a vision of developing the casuap dining restaurant concept where diners are treated not to fast foodor full-outf fine dining, but to a place where peoplwe can eat everyday. “One of Norman’s biggest attributes was that he was a greagt leader anda cheerleader,” Romanoo said. “He would take people’z talents and develop them beyondtheir abilities.” grew into a restaurant companty that guided chains like , On and Maggiano’a Little Italy.
Dallas-based Brinker EAT) in the past year sold the restaurantr chain created byPhil Romano: Romano’s Macaroni Romano credits his friend Normanh Brinker for taking his creative vision and growing it into a majofr national chain. “The industry is goint to miss him,” Romano said. “Norman had the abilituy to take something andgrow it. That’s his talent,” Romanop added that Norman Brinker wasa “good who taught him quite a bit about the restaurant industry and also quitde a bit about leadership.
Brinker passed away Monday night leaving a legacyu casual dining restaurants built on what Phil Romano callec a vision of developing the casuap dining restaurant concept where diners are treated not to fast foodor full-outf fine dining, but to a place where peoplwe can eat everyday. “One of Norman’s biggest attributes was that he was a greagt leader anda cheerleader,” Romanoo said. “He would take people’z talents and develop them beyondtheir abilities.” grew into a restaurant companty that guided chains like , On and Maggiano’a Little Italy.
Dallas-based Brinker EAT) in the past year sold the restaurantr chain created byPhil Romano: Romano’s Macaroni Romano credits his friend Normanh Brinker for taking his creative vision and growing it into a majofr national chain. “The industry is goint to miss him,” Romano said. “Norman had the abilituy to take something andgrow it. That’s his talent,” Romanop added that Norman Brinker wasa “good who taught him quite a bit about the restaurant industry and also quitde a bit about leadership.
Wednesday, August 1, 2012
Trident bases to be run by private companies - The Guardian
uraa-quartely.blogspot.com
The Guardian | Trident bases to be run by private companies The Guardian The deal covering the Trident bases on the Clyde comes as the MoD presses ahead with ambitious and controversial outsourcing plans. Its move to privatise the multibillion-pound agency that provides the armed forces with military equipment were ... Lockheed Martin Gain s UK Nuclear Submarine Work With Babcock Trident Nuclear Arms Role For Private Firms Private firm to look after Trident nuclear deterrent |
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