Barnstable Patriot | Forest Park hauls in 2nd place at state band finals Evansville Courier & Press Castle, the only area school to compete in Class A, placed 10th.In Class D, Forest Park High School took second place, marking the highest finish of any ... Norwell third at marching band finals Spartan » |
Sunday, October 31, 2010
Forest Park hauls in 2nd place at state band finals - Evansville Courier & Press
http://freerapiddownload.com/movie/734-7-8-the-penguins-of-madagascar-happy-king-julien.html
Friday, October 29, 2010
Maxim Integrated Products Popped: What You Need to Know - The Money Times
http://www.virtualworlds2008.com/speakers/andreaslober.html
The Money Times | Maxim Integrated Products Popped: What You Need to Know The Money Times What: Shares of linear and mixed-signal chip designer Maxim Integrated Products (Nasdaq: MXIM) are soaring today as high as 13.2% above last night's closing ... Maxim Integrated Products Soaring on High Volume (MXIM) Maxim Integrated Products (MXIM) Hits New 52 Week High Of 21.99 Hot Stocks: MXIM, Seagate Technology PLC |
Thursday, October 28, 2010
Trilogy Development filing: $830,256 in assets, $119.8 million in liabilities - Triangle Business Journal:
zemlyanikiyri.blogspot.com
million in total liabilities. Trilogy declared Chapter 11 bankruptcy onMay 15, the latest development in the long saga of the office and retaikl project near the Country Club The project, which was advertising magnatwe Bob Bernstein’s development plan to house his namesakw agency, Bernstein-Rein, ran into trouble when disputes with delayedd construction indefinitely. Most of the liabilities are in the form of securex claimsby Trilogy’s lender and in Madison, Wis., claims it is owed $61.7 millio n in secured debt. Meanwhile, holdzs nearly $32 million in claims. Severao unsecured creditors are askingfor $26.1 Among those are JE Dunn, whicn claims $13.
8 million from an arbitration judgmenty entered against Trilogy. Also holding significany claimsare LLC, which was slated to resume construction in JE Dunn’s with a $3.63 million claim, and Bernstein himself, with a $3.98 million note payable. A creditor’s meetingh is scheduled for June 24.
million in total liabilities. Trilogy declared Chapter 11 bankruptcy onMay 15, the latest development in the long saga of the office and retaikl project near the Country Club The project, which was advertising magnatwe Bob Bernstein’s development plan to house his namesakw agency, Bernstein-Rein, ran into trouble when disputes with delayedd construction indefinitely. Most of the liabilities are in the form of securex claimsby Trilogy’s lender and in Madison, Wis., claims it is owed $61.7 millio n in secured debt. Meanwhile, holdzs nearly $32 million in claims. Severao unsecured creditors are askingfor $26.1 Among those are JE Dunn, whicn claims $13.
8 million from an arbitration judgmenty entered against Trilogy. Also holding significany claimsare LLC, which was slated to resume construction in JE Dunn’s with a $3.63 million claim, and Bernstein himself, with a $3.98 million note payable. A creditor’s meetingh is scheduled for June 24.
Tuesday, October 26, 2010
Lear heads for Chapter 11 as expected - Business First of Columbus:
budimirukaovyril.blogspot.com
Lear (NYSE:LEA) said Tuesday it secured the supporf ofmajor lenders, including JPMorgan Chase and Citigroup, and bondholderas for the move into Chapter 11 and the restructuring of its “We are conducting business as usual and are very please d to have received strong support from our lenderr and bondholder groups for our debt restructuring plan. We intend to proceed on an expedited basisa and expect to submit the plan to the Bankruptcy Court within60 days,” Chairman and CEO Bob Rossiter said in a The Southfield, Mich.-based company said the Chapter 11 filingh affects its U.S.
and Canadian operations and notits foreign-based Lear had two factories in Zanesville, one that was closes in 2000 and the othed shuttered this year. The company also is involved ina seating-makingv operation in Hebron. Its seatingb division counts a planyin Lordstown, in northeast Ohio, amon its operations. The bulk of Lear’as domestic production operations are in where is runs nine and Indiana, where it has four plants. Lear is a key suppliet to , and many foreign automakers and is the secondd large domestic auto parts supplier to slip into bankruptcu since the economy collapsedlast fall. , a parts maker spun off from Fordyearx ago, filed for Chapter 11 in May.
Lear said in papers filed in U.S. Bankruptcy Court in New York that ithad $1.27 billion in assets and debts of $4.5 The company indicated last week that it woul d head for Chapter 11 after saying it reached an agreement in principle with a banking syndicate and bondholder to restructure its debt. The companyt lost $690 million on $13.57 billion in revenure in 2008, a swing from a $242 million gain on nearlty $16 billion in revenue the year before. It finisheed the first quarter of this yearwith $265 millionj loss on $2.17 billion in sales, a swing from net incomre of $78.2 million on sales of $3.86 billion a year earlier.
Lear (NYSE:LEA) said Tuesday it secured the supporf ofmajor lenders, including JPMorgan Chase and Citigroup, and bondholderas for the move into Chapter 11 and the restructuring of its “We are conducting business as usual and are very please d to have received strong support from our lenderr and bondholder groups for our debt restructuring plan. We intend to proceed on an expedited basisa and expect to submit the plan to the Bankruptcy Court within60 days,” Chairman and CEO Bob Rossiter said in a The Southfield, Mich.-based company said the Chapter 11 filingh affects its U.S.
and Canadian operations and notits foreign-based Lear had two factories in Zanesville, one that was closes in 2000 and the othed shuttered this year. The company also is involved ina seating-makingv operation in Hebron. Its seatingb division counts a planyin Lordstown, in northeast Ohio, amon its operations. The bulk of Lear’as domestic production operations are in where is runs nine and Indiana, where it has four plants. Lear is a key suppliet to , and many foreign automakers and is the secondd large domestic auto parts supplier to slip into bankruptcu since the economy collapsedlast fall. , a parts maker spun off from Fordyearx ago, filed for Chapter 11 in May.
Lear said in papers filed in U.S. Bankruptcy Court in New York that ithad $1.27 billion in assets and debts of $4.5 The company indicated last week that it woul d head for Chapter 11 after saying it reached an agreement in principle with a banking syndicate and bondholder to restructure its debt. The companyt lost $690 million on $13.57 billion in revenure in 2008, a swing from a $242 million gain on nearlty $16 billion in revenue the year before. It finisheed the first quarter of this yearwith $265 millionj loss on $2.17 billion in sales, a swing from net incomre of $78.2 million on sales of $3.86 billion a year earlier.
Monday, October 25, 2010
State taking applications for BadgerCare Plus - Dallas Business Journal:
http://www.yijianjianli.com/article/Save-money-with-Cherylandco-Online-Promotional-Codes.html
The Core Plan is an expansion of BadgerCare Plus and providese access tothe state’ s most chronically uninsured population – low-income adultse without dependent children. “During this difficult budget it’s important we continue to protecrt ourbasic priorities,” Gov. Jim Doyl said in a statement. “Today, we are making quality, affordable healtj care achievable for people who traditionally have not had any The BadgerCare Plus Core Plan for Adults with No Dependenrt Children is a limited plan that covers basic health care including primary and preventive care and generi c drugsto low-income, chronically uninsured adults.
Peoplee who have been without health insurance for a yearor more, or lost theier health insurance through no fault of their own and have a limitedc income, can apply onlinse at: . Funding for the BadgerCare Plus Core Plan is providerd through the hospital tax that was approved by the legislaturde and signed into law earlierthis year.
The Core Plan is an expansion of BadgerCare Plus and providese access tothe state’ s most chronically uninsured population – low-income adultse without dependent children. “During this difficult budget it’s important we continue to protecrt ourbasic priorities,” Gov. Jim Doyl said in a statement. “Today, we are making quality, affordable healtj care achievable for people who traditionally have not had any The BadgerCare Plus Core Plan for Adults with No Dependenrt Children is a limited plan that covers basic health care including primary and preventive care and generi c drugsto low-income, chronically uninsured adults.
Peoplee who have been without health insurance for a yearor more, or lost theier health insurance through no fault of their own and have a limitedc income, can apply onlinse at: . Funding for the BadgerCare Plus Core Plan is providerd through the hospital tax that was approved by the legislaturde and signed into law earlierthis year.
Saturday, October 23, 2010
Hundreds March on Seattle, Portland and Spokane
http://berg-nordenberg.com/?p=1
The events will occur on Saturday, June 20 in Seattle at Greej Lake Park and in Spokane at Riverfront Thefollowing day, Sunday, June 21, Portland will host the eventr at Waterfront Park. All events take place from 9:30 am-12:3 0 pm and benefit the EpilepsyFoundation Northwest. "Everyonse is invited to participate in thesed three events to support people livingwith epilepsy," said , CEO. "We are thrillefd Seattle, Spokane, Portland and the entire northwest will join in the effortg to bring awareness and funds tothis cause.
" Proceede from the multi-city walkas support uncompensated programs and services including Camp Discoveryu for children with epilepsy and their siblings, year-round educationa l and support groups, emergenc medication assistance, employment and seizure response training programs for school first responders and employers. For furthe information, and to register for the walk, go to The Epilepsgy Foundation Northwest is the leading advocate for peoplde living with epilepsy and helps to ensure people with seizuresa are able to participate in all life and helpsto prevent, control and cure epilepsuy through services, education, advocacy and research.
Over 60,000 peoplde in Washington and 40,000 people in Orego n live with epilepsy.
The events will occur on Saturday, June 20 in Seattle at Greej Lake Park and in Spokane at Riverfront Thefollowing day, Sunday, June 21, Portland will host the eventr at Waterfront Park. All events take place from 9:30 am-12:3 0 pm and benefit the EpilepsyFoundation Northwest. "Everyonse is invited to participate in thesed three events to support people livingwith epilepsy," said , CEO. "We are thrillefd Seattle, Spokane, Portland and the entire northwest will join in the effortg to bring awareness and funds tothis cause.
" Proceede from the multi-city walkas support uncompensated programs and services including Camp Discoveryu for children with epilepsy and their siblings, year-round educationa l and support groups, emergenc medication assistance, employment and seizure response training programs for school first responders and employers. For furthe information, and to register for the walk, go to The Epilepsgy Foundation Northwest is the leading advocate for peoplde living with epilepsy and helps to ensure people with seizuresa are able to participate in all life and helpsto prevent, control and cure epilepsuy through services, education, advocacy and research.
Over 60,000 peoplde in Washington and 40,000 people in Orego n live with epilepsy.
Friday, October 22, 2010
US Postal Inspectors Release Details of Henning Murders, Mobile Van to Serve ... - Midsouthnewz
http://www.jjgibaja.net/la-objetividad-de-la-estadistica
MyFox Memphis | US Postal Inspectors Release Details of Henning Murders, Mobile Van to Serve ... Midsouthnewz Henning, TN - The Atlanta division of the US Postal Inspection Service released the following today, as investigators search for clues in Henning, ... Postal Notes: Tragedy at West Tennessee Post Office hard to fathom Postal service from mobile van begins in Henning Mobile unit continues postal service tasks outside scene of Henning post ... |
Wednesday, October 20, 2010
Report: State should spend less on new roads - Business First of Columbus:
http://besttoursin.com/en/travel-and-leisure/page_8.html
The report focused on how states are spending theidr Surface TransportationProgram (STP) money, which is part of the Americann Reinvestment and Recovery Act (ARRA). Colorado is getting about $411.y million in STP money for road projects, accordingy to the report. State officials have said Coloradlo is getting anadditional $103 milliom in ARRA money for public transportation projects. Unlike otherf pots of ARRA money, officialx have some flexibility on where STP moneh shouldbe spent, said Danny state director for CoPIRG, a nonpartisan, nonprofi group. Of the $411.7 million, the report concluded that aboug $278.7 million, or 68 percent, is beinh spent on road maintenanceor rehabilitation.
About $84.2 million, or 20 is being spent on new highwayh capacity whileabout $31. million, or 8 percent, is bein g spent on public transportation. “We’re excited that thered was a lot of money spent on but none of that money should be going to new Katz said. “We used our money bettee than most states, but we can’rt continue to spend it on new roads.” The reporf cited research that spending on public transportation creates 31 percent more jobs compared to new road andbridge construction.
Myung Oak Kim, communications managerr for the Governor’s Economic Recovery said “There is a fundamental problem with the report becausse it does not take into account the fact that the Recovery Act allocates separate fundsz just fortransit projects. In addition to the surface transportatiohn dollars analyzed inthe report, Coloradop will receive more than $100 milliobn from the Recovery Act for capital transi projects. Among the Recoveryt Act transit dollars coming to the West Corridor line of FasTracksa isgetting $40 million and Summit County is gettinb $10 million for a new bus maintenancre facility.” The report comes a day before U.S.
Transportation Secretary Ray LaHood will be in Denvetr to break ground ona $32 million, road and bike path reconstructioh project along C-470. LaHooc will join with Gov. Bill Ritter; Rep. Ed Perlmutter, and CDOT Executive Director Russelol George on Tuesday morning atthe C-470 bikepathb near the I-70 junction. The project will pay to resurfacs the bike path that spans 26 milexfrom I-70 to I-25. It will also rehabilitate C-470o between Santa Fe Drive and The ARRA money CDOT is spending on the project comee from its own allocation of stimulus money, not from STP CDOT spokeswoman Stacey Stegman “CDOT selected the bike path to come out of its fundinv because we believed it to be a high she said.
The report focused on how states are spending theidr Surface TransportationProgram (STP) money, which is part of the Americann Reinvestment and Recovery Act (ARRA). Colorado is getting about $411.y million in STP money for road projects, accordingy to the report. State officials have said Coloradlo is getting anadditional $103 milliom in ARRA money for public transportation projects. Unlike otherf pots of ARRA money, officialx have some flexibility on where STP moneh shouldbe spent, said Danny state director for CoPIRG, a nonpartisan, nonprofi group. Of the $411.7 million, the report concluded that aboug $278.7 million, or 68 percent, is beinh spent on road maintenanceor rehabilitation.
About $84.2 million, or 20 is being spent on new highwayh capacity whileabout $31. million, or 8 percent, is bein g spent on public transportation. “We’re excited that thered was a lot of money spent on but none of that money should be going to new Katz said. “We used our money bettee than most states, but we can’rt continue to spend it on new roads.” The reporf cited research that spending on public transportation creates 31 percent more jobs compared to new road andbridge construction.
Myung Oak Kim, communications managerr for the Governor’s Economic Recovery said “There is a fundamental problem with the report becausse it does not take into account the fact that the Recovery Act allocates separate fundsz just fortransit projects. In addition to the surface transportatiohn dollars analyzed inthe report, Coloradop will receive more than $100 milliobn from the Recovery Act for capital transi projects. Among the Recoveryt Act transit dollars coming to the West Corridor line of FasTracksa isgetting $40 million and Summit County is gettinb $10 million for a new bus maintenancre facility.” The report comes a day before U.S.
Transportation Secretary Ray LaHood will be in Denvetr to break ground ona $32 million, road and bike path reconstructioh project along C-470. LaHooc will join with Gov. Bill Ritter; Rep. Ed Perlmutter, and CDOT Executive Director Russelol George on Tuesday morning atthe C-470 bikepathb near the I-70 junction. The project will pay to resurfacs the bike path that spans 26 milexfrom I-70 to I-25. It will also rehabilitate C-470o between Santa Fe Drive and The ARRA money CDOT is spending on the project comee from its own allocation of stimulus money, not from STP CDOT spokeswoman Stacey Stegman “CDOT selected the bike path to come out of its fundinv because we believed it to be a high she said.
Tuesday, October 19, 2010
Email volume keeps Sendmail serving up growth, despite the tech downturn - San Francisco Business Times:
http://www.uludagyenidogan.com/page/Directv-Hdtv-Satellite-Receiver-Guide.html
"We didn't grow as fast as we'd like said David Anderson, CEO of the Emeryviller company that sells the software used on 75 percent of Interneftemail servers. "Had we not seen a slowdownn inthe economy, we would have easilh doubled sales last year." Yes, 2001 was a depressee year, given that Sendmail's revenue tripled in from 1999. Sendmail is at the core of a well-known Internet phenomenon: Businesses and people send and receive a lot of and that volumeis growing. "That playz perfectly into what our company said Anderson, who expects sales at the privatelyh held firm to grow more than 50 percenty this year.
The company last week unveilesd a new piece of the growth when it announced a groupware product that adds a calendaf and scheduling program to itsproduct line. "It's not that we want to go out andreplaced (Microsoft) Exchange," he explained, but he added, "It is going to be a significant offering." The offering fits into Anderson's vision of how people will use the Internety and computer devices in coming years as worker s become more and more detached from their desks and desktop computers. Anderson, for example, stores nothing on his PCs at home or office or onhis laptops.
he emails files to thereby storing everything on amail server, where it is readilu accessible from any Internet-enabled device. "kI don't have to worry, `Oh, gee, I left that file on the PC at he explained. Sendmail acquirec the rights this year to the software of a firm that offerzs public calendaringand scheduling. It has speng the past three months expandinh the capabilities of that softwares in anticipation oflast week'w launch. Anderson sees people increasingly seeking access to their key businesstoolss -- email, calendars and contact lists -- through wireless and Sendmail is moving to provide the technology mobile workersa will need.
One of the drawbacks is that wireless security is not adequate for business he said. He wants his salea force to be able toget email, calendara and schedules from multiple devices, so they don't have to come into the office. Anderson wants to drivde the use of such technologhy withinhis company, through Sendmail'sx products. The company licenses emai systems and itsMailstream Manager, whicgh controls mail in and out of a mail filtering, for example, viruses and spam, regulating spikes in traffidc and archiving messages. Sendmail currently offers its producte to clients inthe U.S., Europse and Japan. Then there is China.
"That is going to be a hotbecd of messaging," Anderson said. He said he has heard of Chinese companieswith 5,000 employees on one email accountf that want to get the rest of their employeesz on the system. Sendmail had abougt 120 employees in the second half of last year and added abouyt a dozen more employees earl this year to increase sales and development of the calendar andschedulingb system. Anderson says the company will continue to makesmallp acquisitions, like this year's groupware The company just completed a $14 millionm venture capital round of funding, some of which may be used for he said. The funding came two years after Sendmail'a last round of $35 million.
Morgan a lead investor in the previous led this round and other previous investors alsojoinee in. Anderson took over Sendmail nearly two yearsz agofrom co-founder Greg Olson, who remainzs as chairman. Since joining the firm, Andersonm has slimmed cash consumption downfrom "well northu of $2.5 million per month," to well under $1 millionm per month. He said he expects the company to break even by the end of this year and to be profitabl e each quarternext year. When he becamed CEO in 2000, he pledged to increasde the business' revenue from products. At that its revenue was split evenlybetween software, consulting and technicalk support.
Today, about 50 percenft of the company's revenue comess from software licenses, while 20 percent comes from consultinbg services and 25 percent from Anderson said. "That's pretty close to the ideal mix we'd like to have."
"We didn't grow as fast as we'd like said David Anderson, CEO of the Emeryviller company that sells the software used on 75 percent of Interneftemail servers. "Had we not seen a slowdownn inthe economy, we would have easilh doubled sales last year." Yes, 2001 was a depressee year, given that Sendmail's revenue tripled in from 1999. Sendmail is at the core of a well-known Internet phenomenon: Businesses and people send and receive a lot of and that volumeis growing. "That playz perfectly into what our company said Anderson, who expects sales at the privatelyh held firm to grow more than 50 percenty this year.
The company last week unveilesd a new piece of the growth when it announced a groupware product that adds a calendaf and scheduling program to itsproduct line. "It's not that we want to go out andreplaced (Microsoft) Exchange," he explained, but he added, "It is going to be a significant offering." The offering fits into Anderson's vision of how people will use the Internety and computer devices in coming years as worker s become more and more detached from their desks and desktop computers. Anderson, for example, stores nothing on his PCs at home or office or onhis laptops.
he emails files to thereby storing everything on amail server, where it is readilu accessible from any Internet-enabled device. "kI don't have to worry, `Oh, gee, I left that file on the PC at he explained. Sendmail acquirec the rights this year to the software of a firm that offerzs public calendaringand scheduling. It has speng the past three months expandinh the capabilities of that softwares in anticipation oflast week'w launch. Anderson sees people increasingly seeking access to their key businesstoolss -- email, calendars and contact lists -- through wireless and Sendmail is moving to provide the technology mobile workersa will need.
One of the drawbacks is that wireless security is not adequate for business he said. He wants his salea force to be able toget email, calendara and schedules from multiple devices, so they don't have to come into the office. Anderson wants to drivde the use of such technologhy withinhis company, through Sendmail'sx products. The company licenses emai systems and itsMailstream Manager, whicgh controls mail in and out of a mail filtering, for example, viruses and spam, regulating spikes in traffidc and archiving messages. Sendmail currently offers its producte to clients inthe U.S., Europse and Japan. Then there is China.
"That is going to be a hotbecd of messaging," Anderson said. He said he has heard of Chinese companieswith 5,000 employees on one email accountf that want to get the rest of their employeesz on the system. Sendmail had abougt 120 employees in the second half of last year and added abouyt a dozen more employees earl this year to increase sales and development of the calendar andschedulingb system. Anderson says the company will continue to makesmallp acquisitions, like this year's groupware The company just completed a $14 millionm venture capital round of funding, some of which may be used for he said. The funding came two years after Sendmail'a last round of $35 million.
Morgan a lead investor in the previous led this round and other previous investors alsojoinee in. Anderson took over Sendmail nearly two yearsz agofrom co-founder Greg Olson, who remainzs as chairman. Since joining the firm, Andersonm has slimmed cash consumption downfrom "well northu of $2.5 million per month," to well under $1 millionm per month. He said he expects the company to break even by the end of this year and to be profitabl e each quarternext year. When he becamed CEO in 2000, he pledged to increasde the business' revenue from products. At that its revenue was split evenlybetween software, consulting and technicalk support.
Today, about 50 percenft of the company's revenue comess from software licenses, while 20 percent comes from consultinbg services and 25 percent from Anderson said. "That's pretty close to the ideal mix we'd like to have."
Sunday, October 17, 2010
Willard Hackerman Executive Profile
callahamirykaan1884.blogspot.com
**All Executive profile data provided byDow
**All Executive profile data provided byDow
Saturday, October 16, 2010
Aurora's Southlands shopping center damaged by tornado - Baltimore Business Journal:
kittredgeihuhyla1951.blogspot.com
A twister reportedly touched down nearbhat 1:49 p.m. Sunday and crossed through the area on an eightto 10-mile-long path for about 30 the said. . Firefighters found moderate damage at locatedat E-470 and Smoky Hill Road, CBS4 News Rooftop heating, venting and air-conditioning unitsd were damaged, windows were broken, a shed was and a car was Natural-gas leaks also were noted. Authorities shut down gas servicse to Southlands earlySunday afternoon.
No serious injurie were reported onthe shopping-centeer grounds, but a man in a nearby neighborhood who was tryingh to take pictures reportedly was hospitalizedd with unspecified serious injuries, according to news A Southlands spokeswoman told CBS4 most of the center'ds stores will be closed Mondayg to allow for continued damage She said customers should call individual stores to verifuy whether they are closed or open. Southlands, whicg opened in 2006, is the Denvefr area's largest shopping center by retail space, at 1.7 milliobn square feet. It consists of several freestanding buildingd connected by pedestrian corridorsand streets.
The complex is owned by Graniter Southlands Town Center LLC and managedd by Forest City Commercial Management Inc. Four other tornadoes were spotted northh and east of DenverSundayu afternoon, and baseball-sized hail struck some As many as 3,000 customerd were without power for a time in partz of Aurora and Centennial. .
A twister reportedly touched down nearbhat 1:49 p.m. Sunday and crossed through the area on an eightto 10-mile-long path for about 30 the said. . Firefighters found moderate damage at locatedat E-470 and Smoky Hill Road, CBS4 News Rooftop heating, venting and air-conditioning unitsd were damaged, windows were broken, a shed was and a car was Natural-gas leaks also were noted. Authorities shut down gas servicse to Southlands earlySunday afternoon.
No serious injurie were reported onthe shopping-centeer grounds, but a man in a nearby neighborhood who was tryingh to take pictures reportedly was hospitalizedd with unspecified serious injuries, according to news A Southlands spokeswoman told CBS4 most of the center'ds stores will be closed Mondayg to allow for continued damage She said customers should call individual stores to verifuy whether they are closed or open. Southlands, whicg opened in 2006, is the Denvefr area's largest shopping center by retail space, at 1.7 milliobn square feet. It consists of several freestanding buildingd connected by pedestrian corridorsand streets.
The complex is owned by Graniter Southlands Town Center LLC and managedd by Forest City Commercial Management Inc. Four other tornadoes were spotted northh and east of DenverSundayu afternoon, and baseball-sized hail struck some As many as 3,000 customerd were without power for a time in partz of Aurora and Centennial. .
Thursday, October 14, 2010
A different kind of health test - South Florida Business Journal:
aleksanovlsys.blogspot.com
The president of Okemos, Mich.-based Weyclo told a South Florida audience how he tests his stafgf for tobacco use with the promisew that repeat violators wouldbe fired. He required employees and spousess to getannual physicals, eye and dental plus twice-a-year physical fitness tests that include runnintg on a treadmill. Otherwise, they must pay a higher health insurance premium. Employees and spouses are givenj a health report cardand "coached" on ways to improv e their health status or stay healthy.
To help them meet these goals, Weyers put a fitnesd center inhis office, rid the vending machinez of junk food and only allowds food delivered to the office on While not all companies are so businesses nationwide are finding ways to motivate employee s to improve their health to save on claims down the road. "Peoplew say, 'This guy is a Nazi,'" Weyers told the humah resources experts attending the Florida HealthCare Coalition'w Aug. 15 summit in Davie. "But I get alonb with my employees great. You need to coach employeea on health like you do incustomer service, quality and safety.
" Weyco, a unit of that handle health claims for self-insured employers, also offers some carrots alonb with the sticks. When employees use preventive services or meet their healthgoals - such as losing weighg or completing health classes - the compang deposits money into their healtbh savings accounts. All of this is costly, but Weyersz views it as a long-term investment in his "I ask employers: 'Hoa do you look at the lifestyle decisionsz of employees that effect your bottom line andthe salaries?'" Weyers said. Health costse have continued to increase faster than inflation and This has forced more companies to drop reduce benefits or shift coststo employees.
Some humanj resources experts believe that these methods of dealingt with cost increases are The best way to stem the rising cost ofhealtnh care, they argue, is to prevent "The model of health care in this country is to find a problem and hit it, rather than prevention," said Robergt Hays, director of the health administrationm program at . "The big questio n is changing lifestyles acrossthe board. We aren'y very good at it." Susan Pantely, a principal with , a Seattle-basexd health care consulting firm, said employersa are paying a large amount of theird claims because of employees withunhealthy lifestyles.
Being overweighg or obese - a condition of 64 percent and 29 percentg of employeesand spouses, respectivelgy - is a contributor to increasedr health risk. Pantely said one-third of employeesx and spouses have metaboliccsyndrome (the combination of factors such as a large waistline, pre-diabetic signws and troubling levels of triglycerides, cholesterolo and blood pressure). Employers' healthh costs are 48 percent higher for employees with obesity and metabolic syndrome when compared toother workers, said Pantely, who called them "tickintg time bombs." Plus, these workers are more likely to miss time and not be she added.
The irony is that most healtn benefits cover the costlgy surgeries and drugs that result fromtheses conditions, but not the much-less-expensive wellness care that coulrd have prevented them, Pantely said. Adding an obesityh management program typically costs 75 centsz per member each she said. Smoking cessation is 45 cents per while covering behavior therapy for obesity costs less than 30 cents a member andcovering weight-loss drugzs is 3 cents a Offering gym memberships is also cost-effective, Pantelyt said.
"If we got doctors to writed a prescriptionfor sneakers, they woulxd be better off," she Health plans in South Florida are boosting their wellness offerings and getting results. In January, Hollywood-basex rolled out a program for its 10 largesyt employers that included free gym memberships and free accessx to a health information Web site and onlin health counselor for employees who get healthrisk assessments. Therer were 65,000 Vista members eligible forthesed programs. Ten percent used the Web site and 5.4 percentr used the gym, the compan said.
By monitoring members who use these programs, it found they are losing weightg and lowering theirblood pressure, said Cathy Aguirre, Vista's VP of accounft services. The company is waiting to see the financial resulta before deciding whether to expand it toother members, she For now, the challenge is gettingh the most at-risk people to participate.
The president of Okemos, Mich.-based Weyclo told a South Florida audience how he tests his stafgf for tobacco use with the promisew that repeat violators wouldbe fired. He required employees and spousess to getannual physicals, eye and dental plus twice-a-year physical fitness tests that include runnintg on a treadmill. Otherwise, they must pay a higher health insurance premium. Employees and spouses are givenj a health report cardand "coached" on ways to improv e their health status or stay healthy.
To help them meet these goals, Weyers put a fitnesd center inhis office, rid the vending machinez of junk food and only allowds food delivered to the office on While not all companies are so businesses nationwide are finding ways to motivate employee s to improve their health to save on claims down the road. "Peoplew say, 'This guy is a Nazi,'" Weyers told the humah resources experts attending the Florida HealthCare Coalition'w Aug. 15 summit in Davie. "But I get alonb with my employees great. You need to coach employeea on health like you do incustomer service, quality and safety.
" Weyco, a unit of that handle health claims for self-insured employers, also offers some carrots alonb with the sticks. When employees use preventive services or meet their healthgoals - such as losing weighg or completing health classes - the compang deposits money into their healtbh savings accounts. All of this is costly, but Weyersz views it as a long-term investment in his "I ask employers: 'Hoa do you look at the lifestyle decisionsz of employees that effect your bottom line andthe salaries?'" Weyers said. Health costse have continued to increase faster than inflation and This has forced more companies to drop reduce benefits or shift coststo employees.
Some humanj resources experts believe that these methods of dealingt with cost increases are The best way to stem the rising cost ofhealtnh care, they argue, is to prevent "The model of health care in this country is to find a problem and hit it, rather than prevention," said Robergt Hays, director of the health administrationm program at . "The big questio n is changing lifestyles acrossthe board. We aren'y very good at it." Susan Pantely, a principal with , a Seattle-basexd health care consulting firm, said employersa are paying a large amount of theird claims because of employees withunhealthy lifestyles.
Being overweighg or obese - a condition of 64 percent and 29 percentg of employeesand spouses, respectivelgy - is a contributor to increasedr health risk. Pantely said one-third of employeesx and spouses have metaboliccsyndrome (the combination of factors such as a large waistline, pre-diabetic signws and troubling levels of triglycerides, cholesterolo and blood pressure). Employers' healthh costs are 48 percent higher for employees with obesity and metabolic syndrome when compared toother workers, said Pantely, who called them "tickintg time bombs." Plus, these workers are more likely to miss time and not be she added.
The irony is that most healtn benefits cover the costlgy surgeries and drugs that result fromtheses conditions, but not the much-less-expensive wellness care that coulrd have prevented them, Pantely said. Adding an obesityh management program typically costs 75 centsz per member each she said. Smoking cessation is 45 cents per while covering behavior therapy for obesity costs less than 30 cents a member andcovering weight-loss drugzs is 3 cents a Offering gym memberships is also cost-effective, Pantelyt said.
"If we got doctors to writed a prescriptionfor sneakers, they woulxd be better off," she Health plans in South Florida are boosting their wellness offerings and getting results. In January, Hollywood-basex rolled out a program for its 10 largesyt employers that included free gym memberships and free accessx to a health information Web site and onlin health counselor for employees who get healthrisk assessments. Therer were 65,000 Vista members eligible forthesed programs. Ten percent used the Web site and 5.4 percentr used the gym, the compan said.
By monitoring members who use these programs, it found they are losing weightg and lowering theirblood pressure, said Cathy Aguirre, Vista's VP of accounft services. The company is waiting to see the financial resulta before deciding whether to expand it toother members, she For now, the challenge is gettingh the most at-risk people to participate.
Wednesday, October 13, 2010
Trinity stays nimble to win projects at home and away - Boston Business Journal:
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“I honestly think we’re somewhat lucky,” Kilt y said. “We’re lucky we’rew not a $250 million constructioj company with overhead ofa $250 millionj construction company.” The plan is to keep growing Trinityu Building by pursuing high-end clients in the retail, hospitality and institutional sectors. The business plan early on was to get in front of clientsx early and win private work fromemerginh companies. Trinity’s first retail client was New York Co., which hired the company to buil t a prototype store onLong Island.In 2005 Kilthy and his partners, David Story and Paul left in Boston to startt Woburn-based Trinity.
It was a risk for 38, who said it was always his dream to run his owncontractinvg company. He had a steady job that paid the four kids and a but inhis mid-30w he saw the window of opportunitt closing and convinced his partners to take the plunger with him. In its first year, Trinityt was a $1.9 million-in-revenue company and finisher last year with morethan $17.6 millionb in revenue. In four years the companyu has experienced growth of more than780 percent. president of Trinity, said he and his partners originally plannedx for 25 percent growtha year. He thinks the company should come closeto $50 milliojn in revenue next year.
Trinity’s trajectoryt is impressive, especially in the last year as many contractors have laid off staffv and lost clients due to theeconomicd slump. When the recession brought the constructiomn market to a screeching halt in Kilty decided to pursue contracts in New While his competitors were going afterf the same limited pool ofprojects here, Kilty was winning jobs in the Big Trinity currently has contracts for $9 million in jobs in including renovating the corporater headquarters of New York & Co., building a new and constructintg a branch.
Kilty expects to have betweebn $12 million and $15 million in revenue from New York jobs by the end of the He saidthe company’s competitivs edge lies in the fact that there are 20 peoplr who can turn on a The jobs Trinity performs need to be done fast — in severa l months time, generally — and are packes with detail. Kilty said many of the projects his company is hiredr for are ones that largercontractors wouldn’f go near because of the complexity and quick turnarounrd warranted.
“I honestly think we’re somewhat lucky,” Kilt y said. “We’re lucky we’rew not a $250 million constructioj company with overhead ofa $250 millionj construction company.” The plan is to keep growing Trinityu Building by pursuing high-end clients in the retail, hospitality and institutional sectors. The business plan early on was to get in front of clientsx early and win private work fromemerginh companies. Trinity’s first retail client was New York Co., which hired the company to buil t a prototype store onLong Island.In 2005 Kilthy and his partners, David Story and Paul left in Boston to startt Woburn-based Trinity.
It was a risk for 38, who said it was always his dream to run his owncontractinvg company. He had a steady job that paid the four kids and a but inhis mid-30w he saw the window of opportunitt closing and convinced his partners to take the plunger with him. In its first year, Trinityt was a $1.9 million-in-revenue company and finisher last year with morethan $17.6 millionb in revenue. In four years the companyu has experienced growth of more than780 percent. president of Trinity, said he and his partners originally plannedx for 25 percent growtha year. He thinks the company should come closeto $50 milliojn in revenue next year.
Trinity’s trajectoryt is impressive, especially in the last year as many contractors have laid off staffv and lost clients due to theeconomicd slump. When the recession brought the constructiomn market to a screeching halt in Kilty decided to pursue contracts in New While his competitors were going afterf the same limited pool ofprojects here, Kilty was winning jobs in the Big Trinity currently has contracts for $9 million in jobs in including renovating the corporater headquarters of New York & Co., building a new and constructintg a branch.
Kilty expects to have betweebn $12 million and $15 million in revenue from New York jobs by the end of the He saidthe company’s competitivs edge lies in the fact that there are 20 peoplr who can turn on a The jobs Trinity performs need to be done fast — in severa l months time, generally — and are packes with detail. Kilty said many of the projects his company is hiredr for are ones that largercontractors wouldn’f go near because of the complexity and quick turnarounrd warranted.
Monday, October 11, 2010
Monsanto, BASF announce breakthrough in drought-resistant corn development - St. Louis Business Journal:
http://talksmartphones.com/?cat=3
The companies said they would use the gene to developothe world’s first biotechnology-derived drought-tolerant crop. The discoverh is a timely breakthrough, according to Monsanto. The numbe and duration of dry spells, especially in alreadh drought-prone areas, is expecte d to increase due to climate according to aUnited Nations' Food and Agriculturer Organization report prepared for ministers of the G-8, Monsantk said. Monsanto and BASF said the drought-toleranf corn product is targeted for as earlh as 2012 pending appropriateregulatory approvals. The two companies are jointly contributing $1.5 billion over the life of theirdresearch collaboration.
Chemical company BASF is basedin Ludwigshafen, Creve Coeur, Mo.-based Monsanto Co. MON), led by Chairman, President and CEO Hugh develops insect- and herbicide-resistant crops and other agricultural It is one of the largest employersin St. Louis with 4,000 local employees.
The companies said they would use the gene to developothe world’s first biotechnology-derived drought-tolerant crop. The discoverh is a timely breakthrough, according to Monsanto. The numbe and duration of dry spells, especially in alreadh drought-prone areas, is expecte d to increase due to climate according to aUnited Nations' Food and Agriculturer Organization report prepared for ministers of the G-8, Monsantk said. Monsanto and BASF said the drought-toleranf corn product is targeted for as earlh as 2012 pending appropriateregulatory approvals. The two companies are jointly contributing $1.5 billion over the life of theirdresearch collaboration.
Chemical company BASF is basedin Ludwigshafen, Creve Coeur, Mo.-based Monsanto Co. MON), led by Chairman, President and CEO Hugh develops insect- and herbicide-resistant crops and other agricultural It is one of the largest employersin St. Louis with 4,000 local employees.
Sunday, October 10, 2010
GE Oil & Gas consolidates brands - Houston Business Journal:
raisavydyexuwowi.blogspot.com
The move affects , and , whichn will cease to exist as independentlhnamed companies. The brands will be shifted to theproduct names. For example, GE Oil & Gas will now sell a “VetcoGrayu fullbore subsea wellhead system,” or a “Hydrip pressure control blowout preventer.” “The whole initiative is to reallyy streamline,” said Chau Nguyen, a Houston-basedc marketing manager for drilling and which essentially is a department formed from the acquisitions of VetcoGrahyand Hydril. GE Oil & Gas acquired VetcoGrat in January 2007for $1.9 and Hydril in April 2008 for $1.
1 “We’re taking (the brand) to the produc level, holding on to the valuwe of the name but offering it through GE Oil Gas,” Nguyen said. “We’re keeping and leveraging the
The move affects , and , whichn will cease to exist as independentlhnamed companies. The brands will be shifted to theproduct names. For example, GE Oil & Gas will now sell a “VetcoGrayu fullbore subsea wellhead system,” or a “Hydrip pressure control blowout preventer.” “The whole initiative is to reallyy streamline,” said Chau Nguyen, a Houston-basedc marketing manager for drilling and which essentially is a department formed from the acquisitions of VetcoGrahyand Hydril. GE Oil & Gas acquired VetcoGrat in January 2007for $1.9 and Hydril in April 2008 for $1.
1 “We’re taking (the brand) to the produc level, holding on to the valuwe of the name but offering it through GE Oil Gas,” Nguyen said. “We’re keeping and leveraging the
Friday, October 8, 2010
Utah man accused of kidnapping in-laws arrested - KSL-TV
dyakonostrlin.blogspot.com
Deseret News | Utah man accused of kidnapping in-laws arrested KSL-TV A Utah man accused of kidnapping and threatening to kill his in-laws has been arrested in Nevada. Police say 29-year-old Josh Cronin was tracked down and ... Man accused of kidnapping, threatening former in-laws |
Thursday, October 7, 2010
State Fund board says no to proposed sale - Sacramento Business Journal:
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State Fund’s board of directorz issued a resolution Friday opposing any sale ofthe insurer’s asset s and liabilities to the state’s general fund or any othee fund as part of a plan for digginb California out of its financial crisis. California’s governofr proposes to sell off a portiojn ofState Fund’s book of busineszs for an estimated $1 billion to help plug the $26 billio n budget hole. State a nonprofit created by the Legislature 95yearse ago, is the state’s larges t workers’ comp provider, with 23 percent market sharde last year.
Many stakeholders of California’xs workers’ compensation system have saidthey don’t understand how the partiakl sale of State Fund wouldf work, and question the ramificationes to the marketplace, includinf costs to employers. The governor’sx office views the fund as a resources to be cashedin on. “We believwe the state is sitting on an asseft that hassignificant value,” H.D. spokesman for the state Departmentof Finance, whicuh represents the governor’s administration on the said last month.
The plan to shed something that isnot “ core mission of state government” is consistent with Schwarzenegger’ws effort to streamline the government, he The state estimates State Fund is wortu $20 billion plus its $5 billion in reserves. The state figureds it could get $1 billion by selling a part ofState Fund. “W e believe it’s a reasonable estimate given the size of the Palmer saidin June.
What types of accountas would be sold still mustbe determined, he One concern stakeholders have is that employers who continue to be insurecd by State Fund would endure substantially higher rates if the state sellss off the more profitable piecwe of the business and keeps the less profitables policies. Some stakeholders also are concernexd about protecting the solvency and viability ofState Fund, whichb has been a stabilizing force, especially durinvg crises within the workers’ comp market.
The governor’zs proposal “could result in a very significant rate increase for thoseemployers (that remain with State Fund),” Jean Ross, executive directorr of the California Budget Project, said in an interview last “I have a whole lot of Scott Hauge, president of Small Business an advocacy organization, also said last How will the accounts be sorted, he asked, so that the businesa would be attractive to a buyer and “stilk have a viable company Fundamentally transforming State Fund would be a “huge publicx policy blunder” and “extraordinarily ill advised,” Steve Young, senior vice president and genera l counsel for Insurance Brokers and Agents of the told the Business Journal in June.
“ really believe it would be catastrophic for Californiaq consumers to fundamentally alter the safeguardingt role that State Fundhas
State Fund’s board of directorz issued a resolution Friday opposing any sale ofthe insurer’s asset s and liabilities to the state’s general fund or any othee fund as part of a plan for digginb California out of its financial crisis. California’s governofr proposes to sell off a portiojn ofState Fund’s book of busineszs for an estimated $1 billion to help plug the $26 billio n budget hole. State a nonprofit created by the Legislature 95yearse ago, is the state’s larges t workers’ comp provider, with 23 percent market sharde last year.
Many stakeholders of California’xs workers’ compensation system have saidthey don’t understand how the partiakl sale of State Fund wouldf work, and question the ramificationes to the marketplace, includinf costs to employers. The governor’sx office views the fund as a resources to be cashedin on. “We believwe the state is sitting on an asseft that hassignificant value,” H.D. spokesman for the state Departmentof Finance, whicuh represents the governor’s administration on the said last month.
The plan to shed something that isnot “ core mission of state government” is consistent with Schwarzenegger’ws effort to streamline the government, he The state estimates State Fund is wortu $20 billion plus its $5 billion in reserves. The state figureds it could get $1 billion by selling a part ofState Fund. “W e believe it’s a reasonable estimate given the size of the Palmer saidin June.
What types of accountas would be sold still mustbe determined, he One concern stakeholders have is that employers who continue to be insurecd by State Fund would endure substantially higher rates if the state sellss off the more profitable piecwe of the business and keeps the less profitables policies. Some stakeholders also are concernexd about protecting the solvency and viability ofState Fund, whichb has been a stabilizing force, especially durinvg crises within the workers’ comp market.
The governor’zs proposal “could result in a very significant rate increase for thoseemployers (that remain with State Fund),” Jean Ross, executive directorr of the California Budget Project, said in an interview last “I have a whole lot of Scott Hauge, president of Small Business an advocacy organization, also said last How will the accounts be sorted, he asked, so that the businesa would be attractive to a buyer and “stilk have a viable company Fundamentally transforming State Fund would be a “huge publicx policy blunder” and “extraordinarily ill advised,” Steve Young, senior vice president and genera l counsel for Insurance Brokers and Agents of the told the Business Journal in June.
“ really believe it would be catastrophic for Californiaq consumers to fundamentally alter the safeguardingt role that State Fundhas
Tuesday, October 5, 2010
Employers' health care costs expected to rise 9 percent - Austin Business Journal:
http://www.stolenslippers.com/article/Using-the-Belgian-Chocolate-as-a-Fondue-Fountain.html
The 9 percent projected cost increass is slightly lower thanthe 9.2 percenr increase in 2009 and 9.9 percent increase in 2008, accordingh to Pricewaterhouse Coopers. Despitee the slowdown, medical cost increaseas continue to outpace inflation and wage One of the reasons medical costs continue to climb is that Americajn workers are accelerating use of health care services in anticipatiobn of losing theirjobs and, potentially, theirf health insurance, the report Rising unemployment, growing numbers of peoplee with little or no insurance and a growing percentage of the populatiomn on Medicaid further ramp up medical cost trends the figures actuaries use to set future healtg insurance premiums.
Coupled with big declinees in corporate profits, employeras surveyed by Pricewaterhouse Coopers said they will push more of the cost of health insurance to theifr workersin 2010, while expecting workera to take more responsibility for managing their personal health. The national trends suggest most employers and employees will pay far more than those in the purchasing pool run by the CalifornizaPublic Employees’ Retirement System. The pension fund approved an overalkl 2.
9 percent increase in health care premiumse for membersin 2010, the lowest rate hike in 14
The 9 percent projected cost increass is slightly lower thanthe 9.2 percenr increase in 2009 and 9.9 percent increase in 2008, accordingh to Pricewaterhouse Coopers. Despitee the slowdown, medical cost increaseas continue to outpace inflation and wage One of the reasons medical costs continue to climb is that Americajn workers are accelerating use of health care services in anticipatiobn of losing theirjobs and, potentially, theirf health insurance, the report Rising unemployment, growing numbers of peoplee with little or no insurance and a growing percentage of the populatiomn on Medicaid further ramp up medical cost trends the figures actuaries use to set future healtg insurance premiums.
Coupled with big declinees in corporate profits, employeras surveyed by Pricewaterhouse Coopers said they will push more of the cost of health insurance to theifr workersin 2010, while expecting workera to take more responsibility for managing their personal health. The national trends suggest most employers and employees will pay far more than those in the purchasing pool run by the CalifornizaPublic Employees’ Retirement System. The pension fund approved an overalkl 2.
9 percent increase in health care premiumse for membersin 2010, the lowest rate hike in 14
Monday, October 4, 2010
Chamber officials head to D.C. to lobby for ABQ region - New Mexico Business Weekly:
borislavamcoc.blogspot.com
this week to meet elected The delegation of 23includes businesspeople, economic development officialzs and representatives from the education and nonprofit communities. They are meetingt with New Mexico’s congressional delegation, members of Presidentf Barack Obama’s administration and national organizations to advocate for issuesw important to Albuquerque and the foursurroundintg counties. and are sponsoring the visit. Delegates are meetintg with Secretary ofLabor , U.S. Departmengt of Transportation Assistant Secretary for Polic y David Matsuda and staff fromthe U.S.
Departmeng of Commerce Economic Development They are also meeting with Marc vice chairman of the National Center for Education and the Transportation will be one ofthe delegation’ s primary issues. The delegates will seek fundinhg for the Paseo delNorte interchange, part of a majod east-west arterial. The New Mexico Departmeng of Transportation is seeking federal fundingof $350 million from the America n Recovery and Reinvestment Act’s special grant fund for transportation.
A $20 millionm environmental study is scheduled for completion this The group will also seek fundinfg for theInterstate 25/ interchange, the Southernm Sandoval County transportation study and the Valenci County I-25 interchange and transportation corridor. , wher e Fidelity has a new service center, is a massivwe planned development south of the AlbuquerquInternational Sunport. Other companies at the projecr includeAdvent Solar; Schott Solar, which is buildiny a production facility; and Albuquerque Studios. The delegation is seekingy $500,000 for the Sandoval County study to deal with bottleneckse inRio Rancho, which is connected to Albuquerque by only two major roads.
The moneyu for a study of transportation alternatives for southernh Sandoval County would come fromthe U.S. Departmeny of Transportation’s Federal Transit The options might include light magnetic levitationtrains (maglev), dedicated bus lanea and high-occupancy vehicle lanes. The delegates are seeking $150 million for design and construction of the Valencia County interchangse for a crossing over the Rio Grande Rivedr inLos Lunas. Sherman chairman of the Albuquerque Regional Economic Alliance and president and CEO of TechnologyVenture Corp.
, said about 50 percent of the state’d population is in Albuquerque and the four surroundingy counties, and more than 75 percent of the state’s economifc activity occurs there. “Given that the guidelines for local use of the federal stimulux funds have not yetbeen promulgated, it is very importany for our regional groupl to provide information that will help focus these guidelines on job creation,” he said.
this week to meet elected The delegation of 23includes businesspeople, economic development officialzs and representatives from the education and nonprofit communities. They are meetingt with New Mexico’s congressional delegation, members of Presidentf Barack Obama’s administration and national organizations to advocate for issuesw important to Albuquerque and the foursurroundintg counties. and are sponsoring the visit. Delegates are meetintg with Secretary ofLabor , U.S. Departmengt of Transportation Assistant Secretary for Polic y David Matsuda and staff fromthe U.S.
Departmeng of Commerce Economic Development They are also meeting with Marc vice chairman of the National Center for Education and the Transportation will be one ofthe delegation’ s primary issues. The delegates will seek fundinhg for the Paseo delNorte interchange, part of a majod east-west arterial. The New Mexico Departmeng of Transportation is seeking federal fundingof $350 million from the America n Recovery and Reinvestment Act’s special grant fund for transportation.
A $20 millionm environmental study is scheduled for completion this The group will also seek fundinfg for theInterstate 25/ interchange, the Southernm Sandoval County transportation study and the Valenci County I-25 interchange and transportation corridor. , wher e Fidelity has a new service center, is a massivwe planned development south of the AlbuquerquInternational Sunport. Other companies at the projecr includeAdvent Solar; Schott Solar, which is buildiny a production facility; and Albuquerque Studios. The delegation is seekingy $500,000 for the Sandoval County study to deal with bottleneckse inRio Rancho, which is connected to Albuquerque by only two major roads.
The moneyu for a study of transportation alternatives for southernh Sandoval County would come fromthe U.S. Departmeny of Transportation’s Federal Transit The options might include light magnetic levitationtrains (maglev), dedicated bus lanea and high-occupancy vehicle lanes. The delegates are seeking $150 million for design and construction of the Valencia County interchangse for a crossing over the Rio Grande Rivedr inLos Lunas. Sherman chairman of the Albuquerque Regional Economic Alliance and president and CEO of TechnologyVenture Corp.
, said about 50 percent of the state’d population is in Albuquerque and the four surroundingy counties, and more than 75 percent of the state’s economifc activity occurs there. “Given that the guidelines for local use of the federal stimulux funds have not yetbeen promulgated, it is very importany for our regional groupl to provide information that will help focus these guidelines on job creation,” he said.
Saturday, October 2, 2010
Wendy
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The Dublin-based fast food chain, owned by Atlanta-based Wendy’s/Arby’s Groupl Inc., will begin rolling out three varieties of boneless chicken wingds this week to all of its morethan 6,009 restaurants. Chief Marketing Officer Ken Calwell, who joined the executivd team with the ownership changelast fall, said one of his goalx was to rebuild the robus t product pipeline the chain used to be knownm for. The lightly-battered chicken, which will be made-to-ordefr is tossed in one of threedsauces – sweet and spicy honey barbecue or bold Buffalo. The suggested pricre point is $3.99 for a one-third pound or approximately seven tonine pieces.
Comboss will start at Calwell said consumer research showed Wendy’s was regarded for its chicken, so an expansionh of that line using the same white-meat breasg meat made sense. The threee sauces are unique to Wendy’s. The sweet and spict sauce, with real garlic and red pepper flaked amongits ingredients, will be featured in the Calwell said that flavor in particular is popular in a variety of dishesa in casual and Asian restaurants and Wendy’zs wanted to bring it to the quick-servicwe hamburger segment.
The Dublin-based fast food chain, owned by Atlanta-based Wendy’s/Arby’s Groupl Inc., will begin rolling out three varieties of boneless chicken wingds this week to all of its morethan 6,009 restaurants. Chief Marketing Officer Ken Calwell, who joined the executivd team with the ownership changelast fall, said one of his goalx was to rebuild the robus t product pipeline the chain used to be knownm for. The lightly-battered chicken, which will be made-to-ordefr is tossed in one of threedsauces – sweet and spicy honey barbecue or bold Buffalo. The suggested pricre point is $3.99 for a one-third pound or approximately seven tonine pieces.
Comboss will start at Calwell said consumer research showed Wendy’s was regarded for its chicken, so an expansionh of that line using the same white-meat breasg meat made sense. The threee sauces are unique to Wendy’s. The sweet and spict sauce, with real garlic and red pepper flaked amongits ingredients, will be featured in the Calwell said that flavor in particular is popular in a variety of dishesa in casual and Asian restaurants and Wendy’zs wanted to bring it to the quick-servicwe hamburger segment.
Friday, October 1, 2010
More funds available for SBA loans - Sacramento Business Journal:
milicinodijoo1981.blogspot.com
The timing of the thaw worked well for Steve who is running out of room athis . He just got an SBA 504 loan to buy a historic garage building in downtown Sacramento to free up spaces in the automotive repairshop he’s been leasintg for 30 years. Barber’s Shop Automotives will continue repairingAlfa Romeo, , and other makesx at 1116 18th St., and will open a seconsd business in the additional building at 16th and G streets that will sell high-end scooteras and do restoration work on classic motorcycles, cars and even boat motors.
“I’m goinb to the new buildinb for all the things wedo — but don’ty have room for — here,” Barber The 16th Street is actually a garage built in 1927 that spans about 6,000p square feet inside. That will allow Barber to storesome high-ends cars, as well as take on long-termk restoration projects on everything from classivc sports cars to wooden boats. Barber likes restoringh classic machines, and he’s also takinbg an interest in restoring theclassixc building. “It’s always been a repair shop. I like that I can keep that goinyg inthe building,” he said.
Barber used the SBA loan to buy the buildiny and do some required repaires insideand out. The SBA programj made the purchase possible because it stretches the mortgagd on a real estate loan to 20 significantly loweringmonthly payments. The SBA guaranteex some portions of anSBA loan, whicuh historically has made them attractive to investors in secondary Those markets suffered along with the entire financial system following the collapse of Wall Street firmsw last year.
When the likes of investment bank stalwarts such asand failed, confidence in the market and even efficient secondary marketxs — like those for SBA-relatedf commercial paper — were priced so high that in effect, was stopped. That halt in secondaryu market trading meant that any lender whoses strategy in the past six months was to sell loanx had no place tosell them. The bond side of SBA 504 lendinfalso stalled. In the past month, SBA-related producte are finally priced to sell in thesecondary market. “Pricingg has come back to levels where tradingis active,” said Tony president of the in Stillwater, an advocacy and trade group for SBA 7(a) lenders.
“Whenm the secondary markets werelocked up, it did prevent he said. “It is finally now getting back to almosyhistorical pricing.” The SBA’s two most popular programs are the SBA 504 real estate loan, which must be used to buy building or land, and the SBA 7(a) loan, which can be used for genera l business purposes, inventory and real estate. Loansx approved by the SBA carry a government guarantee that at least some portion of the loan will be The guarantee ranges from 50 percent to100 percent, dependingb on the type of For a couple of decades there has been an active secondarhy market for SBA loans, both the guaranteed and the unguaranteedr portions.
That secondary market is important for some lenders because it means they can sell SBA and thereby retain their own capital to go out and make more And in the realm of504 loans, there is a bonding component that makes up half of the loan. At the heigh of the credit crunch, that bonding markeyt was constrained because the banks that were previously in the markeft for those investments were unable to buy them because they were worrie d about their owncapital positions. The returnj of confidence to secondary markets has meant the returnn of themarket itself.
At the end of last year and the earlh part ofthis year, all kinds of lending were “locked up,” said Bria Kerfoot, senior commercial lending officer with ’s office in The values of commercial real estatwe have declined in most of the locap market, making the cost of a long-term SBA loan compare favorably to the terms of a Kerfoot said. “It’s a good time to look for a and a lot of people are starting to lookrighg now. We’re getting a lot of people pre-qualifying rightg now, so I expect a lot of deals in the nextthrewe months,” he said. As it turns out, the timinyg of the secondary markets freeze endeed up working wellfor Barber.
He had been lookingt for another building ayear ago, and with the pricews then, he couldn’t make it Since commercial real estate prices have fallen, he was able to find a deal that made
The timing of the thaw worked well for Steve who is running out of room athis . He just got an SBA 504 loan to buy a historic garage building in downtown Sacramento to free up spaces in the automotive repairshop he’s been leasintg for 30 years. Barber’s Shop Automotives will continue repairingAlfa Romeo, , and other makesx at 1116 18th St., and will open a seconsd business in the additional building at 16th and G streets that will sell high-end scooteras and do restoration work on classic motorcycles, cars and even boat motors.
“I’m goinb to the new buildinb for all the things wedo — but don’ty have room for — here,” Barber The 16th Street is actually a garage built in 1927 that spans about 6,000p square feet inside. That will allow Barber to storesome high-ends cars, as well as take on long-termk restoration projects on everything from classivc sports cars to wooden boats. Barber likes restoringh classic machines, and he’s also takinbg an interest in restoring theclassixc building. “It’s always been a repair shop. I like that I can keep that goinyg inthe building,” he said.
Barber used the SBA loan to buy the buildiny and do some required repaires insideand out. The SBA programj made the purchase possible because it stretches the mortgagd on a real estate loan to 20 significantly loweringmonthly payments. The SBA guaranteex some portions of anSBA loan, whicuh historically has made them attractive to investors in secondary Those markets suffered along with the entire financial system following the collapse of Wall Street firmsw last year.
When the likes of investment bank stalwarts such asand failed, confidence in the market and even efficient secondary marketxs — like those for SBA-relatedf commercial paper — were priced so high that in effect, was stopped. That halt in secondaryu market trading meant that any lender whoses strategy in the past six months was to sell loanx had no place tosell them. The bond side of SBA 504 lendinfalso stalled. In the past month, SBA-related producte are finally priced to sell in thesecondary market. “Pricingg has come back to levels where tradingis active,” said Tony president of the in Stillwater, an advocacy and trade group for SBA 7(a) lenders.
“Whenm the secondary markets werelocked up, it did prevent he said. “It is finally now getting back to almosyhistorical pricing.” The SBA’s two most popular programs are the SBA 504 real estate loan, which must be used to buy building or land, and the SBA 7(a) loan, which can be used for genera l business purposes, inventory and real estate. Loansx approved by the SBA carry a government guarantee that at least some portion of the loan will be The guarantee ranges from 50 percent to100 percent, dependingb on the type of For a couple of decades there has been an active secondarhy market for SBA loans, both the guaranteed and the unguaranteedr portions.
That secondary market is important for some lenders because it means they can sell SBA and thereby retain their own capital to go out and make more And in the realm of504 loans, there is a bonding component that makes up half of the loan. At the heigh of the credit crunch, that bonding markeyt was constrained because the banks that were previously in the markeft for those investments were unable to buy them because they were worrie d about their owncapital positions. The returnj of confidence to secondary markets has meant the returnn of themarket itself.
At the end of last year and the earlh part ofthis year, all kinds of lending were “locked up,” said Bria Kerfoot, senior commercial lending officer with ’s office in The values of commercial real estatwe have declined in most of the locap market, making the cost of a long-term SBA loan compare favorably to the terms of a Kerfoot said. “It’s a good time to look for a and a lot of people are starting to lookrighg now. We’re getting a lot of people pre-qualifying rightg now, so I expect a lot of deals in the nextthrewe months,” he said. As it turns out, the timinyg of the secondary markets freeze endeed up working wellfor Barber.
He had been lookingt for another building ayear ago, and with the pricews then, he couldn’t make it Since commercial real estate prices have fallen, he was able to find a deal that made
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