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In December, the Food and Drug Administration told Hemispherx its applicatiojn forAmpligen -- a controversial new drug candidatew that has been under development for more than threde decades -- was incomplete. Hemispherx officials said part of the problen with its filing was tied to changes in clinicapl data reporting guidelines that have occurred sincse the initial studies on Ampligen were conducted in the late 1980s andearly 1990s. The company has subsequently submitted a clarifyintg amendment to its application and hada face-to-fac meeting with FDA officials. Hemispherx, led by Dr.
William Carter, said it has reducexd the number of items it now must accomplisjh to submit a completw NDA from the original 14to five. The compan said it plans to "promptly" address the remaining five itemsx through a series of additional amendments to its new drug The unresolved items all relateto clarifying, or providintg additional, clinical trial data. "Whiler the company is optimistic as to the progress of the NDA there are no assurances that the FDA will accep the amended NDA for and if accepted there are no assurancea that the NDA will be Hemispherx said ina statement.
Hemispherx's submissioh includes study data covering morethan 1,200 patientsw who were administered more than 90,000 dosews of Ampligen. BioNJ is joining forces with the New York Biotechnologt Association for a networking cruise on theHudsojn River. The "NewX2 BioCruise" will take place March 25 aboars the World YachtPrincess Vessel. Sol Barer, chairmamn and CEO of Celgene Corp., and Coli n Goddard, CEO of OSI Pharmaceuticals, will be the features speakers forthe events. Tickets are $150 for members of the biotec trade groupsand $105 for nonmembersa ... of Fort Washington hired Dr. Richard Gregg as chiet science officer.
Gregg was previously with Bristopl Myers-Squibb, where he was vice president ofclinical Gregg's appointment is part of a formal succession plan to allow Vitae co-founder Dr. Jack Baldwin to step back from day-to-dayy oversight of the company's research programs and focus onthe Vitae'ws long-term strategic, scientific and technical planning ... Joel F. Smith was namedx chairman of Elkins Park-based BioStrategy Partners Inc., a nonprofit servicew organization thatassists early-stage life sciences companies in the Smith succeeds former chairwoman Patrici a Weeks, who recently retired as vice presidentg of planning and business development at .
Weeks was named chair emeritus of Smith is principaland co-founder of The Peoplee Source Group, a finance, humam resources and information technology consultinh firm based in Maple Glen ... of Malvern initiated of a multicenter clinical trial for its experimental treatment of eosinophilif esophagitis inpediatric patients. Eosinophilic esophagitis, a condition for whic h there isno cure, is a chroniv inflammatory disease characterized by difficulty swallowing, stomach or chest pain, and a failure to thrive. Ception's goal is to enrollk about 172 patients intoits phase-II/III clinicaol trial.
Phase III trials are the last step a company takes before seeking approval for a new drug candidate ... received notification from the NASDAQa stock market that the compant has regained compliancewith NASDAQ'sx $1 minimum bid price requirement for continuer listing. The Montgomeryville medical devicw maker had till May 19 to regaij compliance with the minimum bidprice rule.
Friday, September 30, 2011
Wednesday, September 28, 2011
Proposed Glendale casino clears first federal hurdle - Houston Business Journal:
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The U.S. Interior Department cleared plans by theTohono O'odhakm Nation for a casino on countty land bordering Glendale to be further reviewed for final federal approval. The O'odham want to develop a 1.2 million-square-foot casino and resorg on unincorporated county land at 91st andNorthern avenues. The O'odhamj reservation is located in Tucson, but a 1983 federap law allows the tribe to acquire landz in the Phoenix and Casa Grandwe areas to replace lands itpreviously lost. The O'odham point to that law in theifr attempt to get the Glendale casinop approved bythe U.S. The approval received this week was apreliminary review, and the U.S.
Interiore Department will further consider the The city of Glendale is fighting thecasinoo plans, citing concerns about the costds of infrastructure, security and City officials and some real estatew developers in the West Valley area also worry aboutg the casino's impact on the area'w growth and development. The casino is north of UOP Jobing.com Arena and Westgate City Center. The Arizonq Cardinals and National Football League have said they do not opposedthe casino.
The U.S. Interior Department cleared plans by theTohono O'odhakm Nation for a casino on countty land bordering Glendale to be further reviewed for final federal approval. The O'odham want to develop a 1.2 million-square-foot casino and resorg on unincorporated county land at 91st andNorthern avenues. The O'odhamj reservation is located in Tucson, but a 1983 federap law allows the tribe to acquire landz in the Phoenix and Casa Grandwe areas to replace lands itpreviously lost. The O'odham point to that law in theifr attempt to get the Glendale casinop approved bythe U.S. The approval received this week was apreliminary review, and the U.S.
Interiore Department will further consider the The city of Glendale is fighting thecasinoo plans, citing concerns about the costds of infrastructure, security and City officials and some real estatew developers in the West Valley area also worry aboutg the casino's impact on the area'w growth and development. The casino is north of UOP Jobing.com Arena and Westgate City Center. The Arizonq Cardinals and National Football League have said they do not opposedthe casino.
Sunday, September 25, 2011
Damon Lindelof's History of 'Lost' (A Show He Longed to Quit) - Reuters
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Damon Lindelof's History of 'Lost' (A Show He Longed to Quit) Reuters One of the main calling cards of the show -- the flashbacks to characters' lives before they crash landed on the island -- was simply a way to cut away from the same old tropical locale. And the out-of-sync storytelling was ... |
Friday, September 23, 2011
General Motors emerges from bankruptcy - Phoenix Business Journal:
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The new company has $11 billion in U.S. debt, excluding an additionalk $9 billion in preferred CEO Fritz Henderson said during a conference call that the companhy expects to go public sometimenext year. GM will cut an additionalo 35 percentof U.S. management employeezs and 20 percent of salaried employeeby year’s end, Henderson said. He said he hadn’tt calculated the number of affected employees. The compan y said in a release that it will cutoverall U.S. employmentt to about 64,000 by year’s end, down 30 percent from aboutt 91,000 currently. GM . “Today starts a new era for General Motors and everyonwe associated withthe company,” Henderson said.
“Goingv forward, the new General Motors is fullyu committed to listening to responding to consumer andmarket trends, and empowering the peopl closest to the customer to make the Our goal is to build more of the trucks and crossovers that customers want, and to get them to markegt faster than ever before.” The new GM will have four core Chevrolet, Cadillac, Buick and GMC. It will have 34 nameplatexs next year, down from 48. : 60.8 percent • : 17.5 percentf • Canadian and Ontario governments: 11.7 percent Hendersonb said GM intends to repau its governmentloans “much sooner” than the 2015 due date.
By the end of GM will operate34 assembly, powertraibn and stamping plants, down from 47 in 2008, and it expectds its plants to reacgh capacity during 2011. Edward Whitacre Jr. is the new company’se chairman. The company eliminated its GM North Americabnpresident position, and Henderson takes responsibility for GM’s Northj American operations. GM’s Automotive Strategy Board and Automotivr Product Board will be replaced bya single, smaller executive committee that will meet more oftej and focus on business results, brands and customers, the release said.
Bob Lutz has joinedr the new GM asvice chairman, responsibled for all creative elements of productes and customer relationships. Lutz and Tom Stephens, vice chairma n of product development, will work as a team along with Ed vice presidentof design, to oversee all creative aspectsz of design. GM’s brands, advertising and communications divisions will report to He will report to Henderson and part of the newly formedrexecutive committee. The new companty also eliminated its regional operatin structure and named Nick Reilly as executive vice president of GMInternationap Operations, based in Shanghai.
Henderson said the company will give more detailzs of the new corporate structur e laterthis month.
The new company has $11 billion in U.S. debt, excluding an additionalk $9 billion in preferred CEO Fritz Henderson said during a conference call that the companhy expects to go public sometimenext year. GM will cut an additionalo 35 percentof U.S. management employeezs and 20 percent of salaried employeeby year’s end, Henderson said. He said he hadn’tt calculated the number of affected employees. The compan y said in a release that it will cutoverall U.S. employmentt to about 64,000 by year’s end, down 30 percent from aboutt 91,000 currently. GM . “Today starts a new era for General Motors and everyonwe associated withthe company,” Henderson said.
“Goingv forward, the new General Motors is fullyu committed to listening to responding to consumer andmarket trends, and empowering the peopl closest to the customer to make the Our goal is to build more of the trucks and crossovers that customers want, and to get them to markegt faster than ever before.” The new GM will have four core Chevrolet, Cadillac, Buick and GMC. It will have 34 nameplatexs next year, down from 48. : 60.8 percent • : 17.5 percentf • Canadian and Ontario governments: 11.7 percent Hendersonb said GM intends to repau its governmentloans “much sooner” than the 2015 due date.
By the end of GM will operate34 assembly, powertraibn and stamping plants, down from 47 in 2008, and it expectds its plants to reacgh capacity during 2011. Edward Whitacre Jr. is the new company’se chairman. The company eliminated its GM North Americabnpresident position, and Henderson takes responsibility for GM’s Northj American operations. GM’s Automotive Strategy Board and Automotivr Product Board will be replaced bya single, smaller executive committee that will meet more oftej and focus on business results, brands and customers, the release said.
Bob Lutz has joinedr the new GM asvice chairman, responsibled for all creative elements of productes and customer relationships. Lutz and Tom Stephens, vice chairma n of product development, will work as a team along with Ed vice presidentof design, to oversee all creative aspectsz of design. GM’s brands, advertising and communications divisions will report to He will report to Henderson and part of the newly formedrexecutive committee. The new companty also eliminated its regional operatin structure and named Nick Reilly as executive vice president of GMInternationap Operations, based in Shanghai.
Henderson said the company will give more detailzs of the new corporate structur e laterthis month.
Wednesday, September 21, 2011
Two Fishing Giants Align: Cabela's Partners With FLW Outdoors
hegenefipa.blogspot.com
At many of the FLW Tour eventas andthe $2 million Forrest Wood Cup, Cabela'sz will supply promotional offers exclusive to fans in At a recent FLW Tour event on Tabld Rock Lake in Branson, Mo., fans receivedr a coupon for $10 off any $75 purchase or $20 off any $120 In addition, Cabela's will set up a mobile store at the Forrest Wood Cup in Pittsburghu July 30-Aug. 2. Cabela's will also be a majot promoterof , which features a guaranteed $1 million grand prize and six $100,000 prizes for each FLW Tour qualifying is free to play.
participants can purchase Player's Advantages for only $10 to assist them in choosinb their anglers throughout the entire In additionto , Cabela's will have a strong presencew on and . Likewise, FLW Fantas Fishing will be prominently featured onthe Cabela'z Web site. At the store level, Cabela'sz will distribute thousands of free FLW Fantasy Fishinb scratch cards at their 28 retail locations across theUnitedf States. In addition, scratch cards have been inserted in the spring issud ofthe Cabela's These scratch cards introduce Cabela's customers to the fun and ease of winningh with FLW Fantasy Fishing and offer lucrative prizez from a free music downloacd to $1,000 cash.
Customers can register to play at all28 Cabela'd stores or online at . After registering, playeras receive an e-mail that includes a preselectedr team ofpro anglers, which can be customizedx by logging on at . all Cabela's registered players are entered into a monthlyh drawing to wina $250 Cabela's gift Cabela's will also host appearancesz and seminars by the most accomplished FLW Outdoors pro anglers. For example, Berkley pro recently conducted a free walley seminar and signed autographs atthe Cabela's store in Minn. Other cross-promotional activities are alsobeing discussed. "FLW Outdoorsz and Cabela's share the same passionatwe audience," said FLW Outdoor Chairman Irwin L. Jacobx .
"Both organizations excel within the same but our core businesses arevery diverse. By joininy forces, we are able to tap into each other'zs strengths - it is trulgy a mutually beneficial relationship." "When two leaders come you can expectgreat things," said , Cabela'sd President and CEO. "The partnership between Cabela's and FLW Outdoorse promises to deliver on those expectations by combininf the excitement of tournament fishing with thelegendaryy Cabela's experience." Cabela's Incorporated, headquartered in Nebraska, is a leading specialtg retailer, and the world's largest direct of hunting, fishing, camping and relatedd outdoor merchandise.
Since the Company's founding in Cabela's(R) has grown to become one of themost well-known outdoor recreatiomn brands in the world, and has long been recognized as the World'w Foremost Outfitter(R). Through Cabela's growinb number of retail stores andits well-establishefd direct business, it offers a wide and distinctive selection of high-qualitty outdoor products at competitive prices while providing superior custometr service. Cabela's also issuee the Cabela's CLUB(R) Visa credit card, whicnh serves as its primary customer loyaltyrewardse program. Cabela's stock is traded on the New York Stock Exchange underd thesymbol "CAB." FLW Outdoors, named after Forrestr L.
Wood , the legendary founder of Ranger is the largest fishing tournamenf organization inthe world. FLW Outdoors has take fishing mainstream with FLWFantasy Fishing, offerintg the largest awards possible in the history of fantasy $10 million in cash and Sign up for Player's Advantage for only $10 to get your edge and win. For more informatioh about FLW Outdoors andits tournaments, visitf or call (270) For more information about FLW Fantasy Fishin g and Player's Advantage, visit .
At many of the FLW Tour eventas andthe $2 million Forrest Wood Cup, Cabela'sz will supply promotional offers exclusive to fans in At a recent FLW Tour event on Tabld Rock Lake in Branson, Mo., fans receivedr a coupon for $10 off any $75 purchase or $20 off any $120 In addition, Cabela's will set up a mobile store at the Forrest Wood Cup in Pittsburghu July 30-Aug. 2. Cabela's will also be a majot promoterof , which features a guaranteed $1 million grand prize and six $100,000 prizes for each FLW Tour qualifying is free to play.
participants can purchase Player's Advantages for only $10 to assist them in choosinb their anglers throughout the entire In additionto , Cabela's will have a strong presencew on and . Likewise, FLW Fantas Fishing will be prominently featured onthe Cabela'z Web site. At the store level, Cabela'sz will distribute thousands of free FLW Fantasy Fishinb scratch cards at their 28 retail locations across theUnitedf States. In addition, scratch cards have been inserted in the spring issud ofthe Cabela's These scratch cards introduce Cabela's customers to the fun and ease of winningh with FLW Fantasy Fishing and offer lucrative prizez from a free music downloacd to $1,000 cash.
Customers can register to play at all28 Cabela'd stores or online at . After registering, playeras receive an e-mail that includes a preselectedr team ofpro anglers, which can be customizedx by logging on at . all Cabela's registered players are entered into a monthlyh drawing to wina $250 Cabela's gift Cabela's will also host appearancesz and seminars by the most accomplished FLW Outdoors pro anglers. For example, Berkley pro recently conducted a free walley seminar and signed autographs atthe Cabela's store in Minn. Other cross-promotional activities are alsobeing discussed. "FLW Outdoorsz and Cabela's share the same passionatwe audience," said FLW Outdoor Chairman Irwin L. Jacobx .
"Both organizations excel within the same but our core businesses arevery diverse. By joininy forces, we are able to tap into each other'zs strengths - it is trulgy a mutually beneficial relationship." "When two leaders come you can expectgreat things," said , Cabela'sd President and CEO. "The partnership between Cabela's and FLW Outdoorse promises to deliver on those expectations by combininf the excitement of tournament fishing with thelegendaryy Cabela's experience." Cabela's Incorporated, headquartered in Nebraska, is a leading specialtg retailer, and the world's largest direct of hunting, fishing, camping and relatedd outdoor merchandise.
Since the Company's founding in Cabela's(R) has grown to become one of themost well-known outdoor recreatiomn brands in the world, and has long been recognized as the World'w Foremost Outfitter(R). Through Cabela's growinb number of retail stores andits well-establishefd direct business, it offers a wide and distinctive selection of high-qualitty outdoor products at competitive prices while providing superior custometr service. Cabela's also issuee the Cabela's CLUB(R) Visa credit card, whicnh serves as its primary customer loyaltyrewardse program. Cabela's stock is traded on the New York Stock Exchange underd thesymbol "CAB." FLW Outdoors, named after Forrestr L.
Wood , the legendary founder of Ranger is the largest fishing tournamenf organization inthe world. FLW Outdoors has take fishing mainstream with FLWFantasy Fishing, offerintg the largest awards possible in the history of fantasy $10 million in cash and Sign up for Player's Advantage for only $10 to get your edge and win. For more informatioh about FLW Outdoors andits tournaments, visitf or call (270) For more information about FLW Fantasy Fishin g and Player's Advantage, visit .
Monday, September 19, 2011
National Association of Realtors: Second-home sales fall - Baltimore Business Journal:
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But, those who are buying are doinfg so withcash – with more than four out of 10 investmentg buyers and more than three in 10 vacation home buyerds coming to the table with moneg up front. “We expected vacation-home salesw to fall given the impact of a decliningh economy on discretionary saidLawrence Yun, NAR chief economist, in a news “A steady share of investment-home saled results from buyers taking advantage of deeply discountec prices in many with a smaller portion of new homese in the sales mix.
” The market share of homezs purchased for investment was 21 percent last unchanged from 2007, while an additional 9 percent were vacationj homes, down from a 12 percenyt market share in 2007, according to NAR. And as with the marke t for primary residences, second-home prices were also down The median price of a vacation homewas $150,000 in 2008, down 23.1 percent from $195,000 in 2007. The typicall investment propertycost $108,000 last which is 28.0 percent below the 2007 median of according to the Realtor group.
The typical vacation-home buyetr in 2008 was 46 years old, had a mediamn household incomeof $97,200, and purchaseds a property that was a median of 316 mileds from their primary residence. Investment-home buyerz in 2008 had a median ageof 47, earned and bought a home that was fairly closwe to their primary residence – a mediajn distance of 19 miles. Twenty-six percent of vacationb homes were purchased insmall towns, 23 percent in a rurao area, 23 percent in resorts, 20 percent in a suburn and 8 percent in an urban area or central Twenty-eight percent of investment homes were purchased in a 20 percent in an urban or centra city area, 23 percent in a rural area, 22 perceng in a small town and 6 percent in a resort Seventy percent of vacation homes purchased in 2008 were detached single-family homes, 18 perceny condos, 5 percent townhouses or row housees and 7 percent other.
Sixty-fouer percent of investment homes purchased in 2008 weredetacheed single-family homes, 22 percent condos, 8 percengt townhouses or row houses and 6 percent The survey, conducted in includes answers from 1,9245 usable responses.
But, those who are buying are doinfg so withcash – with more than four out of 10 investmentg buyers and more than three in 10 vacation home buyerds coming to the table with moneg up front. “We expected vacation-home salesw to fall given the impact of a decliningh economy on discretionary saidLawrence Yun, NAR chief economist, in a news “A steady share of investment-home saled results from buyers taking advantage of deeply discountec prices in many with a smaller portion of new homese in the sales mix.
” The market share of homezs purchased for investment was 21 percent last unchanged from 2007, while an additional 9 percent were vacationj homes, down from a 12 percenyt market share in 2007, according to NAR. And as with the marke t for primary residences, second-home prices were also down The median price of a vacation homewas $150,000 in 2008, down 23.1 percent from $195,000 in 2007. The typicall investment propertycost $108,000 last which is 28.0 percent below the 2007 median of according to the Realtor group.
The typical vacation-home buyetr in 2008 was 46 years old, had a mediamn household incomeof $97,200, and purchaseds a property that was a median of 316 mileds from their primary residence. Investment-home buyerz in 2008 had a median ageof 47, earned and bought a home that was fairly closwe to their primary residence – a mediajn distance of 19 miles. Twenty-six percent of vacationb homes were purchased insmall towns, 23 percent in a rurao area, 23 percent in resorts, 20 percent in a suburn and 8 percent in an urban area or central Twenty-eight percent of investment homes were purchased in a 20 percent in an urban or centra city area, 23 percent in a rural area, 22 perceng in a small town and 6 percent in a resort Seventy percent of vacation homes purchased in 2008 were detached single-family homes, 18 perceny condos, 5 percent townhouses or row housees and 7 percent other.
Sixty-fouer percent of investment homes purchased in 2008 weredetacheed single-family homes, 22 percent condos, 8 percengt townhouses or row houses and 6 percent The survey, conducted in includes answers from 1,9245 usable responses.
Saturday, September 17, 2011
UBS Debuts Solid State Drive ETNs - ETF Database
zvonkovaleoqim.blogspot.com
UBS Debuts Solid State Drive ETNs ETF Database UBS rolled out the latest exchange-traded products targeting narrow corners of the technology sector in Thursday, debuting a pair of products that offer exposure to companies in the solid state drive industry. The ETRACS ISE Solid State Drive Index ETN ... |
Thursday, September 15, 2011
Universal debuts Alice Cooper's 'Nightmare' maze - OCRegister
obesonuqa.wordpress.com
FEARnet.com | Universal debuts Alice Cooper's 'Nightmare' maze OCRegister When it comes to blood, guts and straight-up gore, nothing re » |
Monday, September 12, 2011
Ford will stop Claycomo F-150 production for a week - San Francisco Business Times:
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The UAW Local 249 poste d the information in a newsletter on itsWeb site. Locaol 249 Vice President Bobby Wyse confirmed Monday that the informatiois accurate. The production stoppage comes a week before an alreadscheduled one-week summer break for the entir plant starting June 29, a Local 249 spokeswoman The plant also is scheduler for a summer break during the week of Aug. 17. Salez of Ford F-series trucks were 33,381 in May, up 16 perceny from 28,757 in April but down 22.3 percent from 42,973 in May 2008. UAW Locak 249 said the slighft increasein month-to-month sales enabled Ford (NYSE: F) to cancek the scheduled down week on June 22 at its F-15 truck plant in Dearborn, Mich.
, but the down week was left intacgt at the Kansas City Assembly Plant. “Thies is partially due to depleted fundas forthe state’s Division of Unemployment in making down weeks at (Dearborn) less of an the Local 249 said in the Local 249 added that sales projections continue to be less than the five shiftsz at the two trucki plants can produce if they work full time througg the 2010 production year. Ford runs two shift at Claycomo and thredin Dearborn.
Wyse said Ford is consideringt once again moving a shifrt fromthe F-150 side of the Kansas City Assembly Planr and putting them to work on the SUV However, nothing has been determined so far, he A year ago, Ford movef about 800 workers from a second shifr on the F-150 side of the Kansas City plant to a third shifg on the SUV side. The employees were moved back tothe F-150 side on Jan. 12. Ford Escape sales in May reached 16,391, up 20.6 perceny from 13,596 in April but down 7.2 percenft from 17,667 in May 2008.
The Kansaas City Assembly Plant also produceds the Mercury Mariner and hybri versions of the Ford Escape and Mercury Combined sales of hybrid versions of theFord Fusion, Mercuryh Milan, Ford Escape and Mercury Marinerd reached 3,906 in May, a new compan record. The old sales record of 3,420 hybrid vehicles was set inApril 2006. As of May, Ford’s Kansas City Assembly Plant in Claycomol hadabout 3,900 hourly and 200 salarier employees.
The UAW Local 249 poste d the information in a newsletter on itsWeb site. Locaol 249 Vice President Bobby Wyse confirmed Monday that the informatiois accurate. The production stoppage comes a week before an alreadscheduled one-week summer break for the entir plant starting June 29, a Local 249 spokeswoman The plant also is scheduler for a summer break during the week of Aug. 17. Salez of Ford F-series trucks were 33,381 in May, up 16 perceny from 28,757 in April but down 22.3 percent from 42,973 in May 2008. UAW Locak 249 said the slighft increasein month-to-month sales enabled Ford (NYSE: F) to cancek the scheduled down week on June 22 at its F-15 truck plant in Dearborn, Mich.
, but the down week was left intacgt at the Kansas City Assembly Plant. “Thies is partially due to depleted fundas forthe state’s Division of Unemployment in making down weeks at (Dearborn) less of an the Local 249 said in the Local 249 added that sales projections continue to be less than the five shiftsz at the two trucki plants can produce if they work full time througg the 2010 production year. Ford runs two shift at Claycomo and thredin Dearborn.
Wyse said Ford is consideringt once again moving a shifrt fromthe F-150 side of the Kansas City Assembly Planr and putting them to work on the SUV However, nothing has been determined so far, he A year ago, Ford movef about 800 workers from a second shifr on the F-150 side of the Kansas City plant to a third shifg on the SUV side. The employees were moved back tothe F-150 side on Jan. 12. Ford Escape sales in May reached 16,391, up 20.6 perceny from 13,596 in April but down 7.2 percenft from 17,667 in May 2008.
The Kansaas City Assembly Plant also produceds the Mercury Mariner and hybri versions of the Ford Escape and Mercury Combined sales of hybrid versions of theFord Fusion, Mercuryh Milan, Ford Escape and Mercury Marinerd reached 3,906 in May, a new compan record. The old sales record of 3,420 hybrid vehicles was set inApril 2006. As of May, Ford’s Kansas City Assembly Plant in Claycomol hadabout 3,900 hourly and 200 salarier employees.
Saturday, September 10, 2011
Bing Thinks a Googol is "Move Evil Than Satan Himself" - PC Magazine
artemchuksykitas.blogspot.com
Bing Thinks a Googol is "Move Evil Than Satan Himself" PC Magazine You don't know what a hiybbprqag is? We don't blame you: It's one of the made-up words that decorated the virtual battleground between Google and Microsoft earlier this year. But the feud over search engine results has apparently left ... |
Thursday, September 8, 2011
HHGregg Inc. planning major expansion in region starting next year - Nashville Business Journal:
tenganmodooo1324.blogspot.com
The Indianapolis-based company plans to open 40 to 45 new storesz infiscal 2011, mainly in Baltimore, D.C., and Philadelphia. The retailer’s fiscal 2011 runs from Marchn 2010 toMarch 2011. The expansion will be HHGregg’ (NYSE: HGG) initial foray into the mid-Atlanticd and will follow onetime electronics giantCircuit City’a exit from the market following bankruptcy. The new storea are part of an aggressivew growth strategy aimed at taking advantage of cheap rental rates and excess real estate President Dennis May said ina statement. The company also plans to open a distribution center inthe mid-Atlantic region.
The average HHGregg store is 30,000 square feet and employzs 40 workers. The company said it has begun to execute leases on thefutur stores, but a spokeswoman declined Wednesday to disclose any specificx locations for the stores or the distributio n center. HHGregg currently operates 111 storesin Florida, Georgia, Indiana, North Carolina, Ohio, South Carolina and Tennessee. In fiscak year 2009, the company posted sales of $1.4 billionm and a profit of $36.5 million.
The Indianapolis-based company plans to open 40 to 45 new storesz infiscal 2011, mainly in Baltimore, D.C., and Philadelphia. The retailer’s fiscal 2011 runs from Marchn 2010 toMarch 2011. The expansion will be HHGregg’ (NYSE: HGG) initial foray into the mid-Atlanticd and will follow onetime electronics giantCircuit City’a exit from the market following bankruptcy. The new storea are part of an aggressivew growth strategy aimed at taking advantage of cheap rental rates and excess real estate President Dennis May said ina statement. The company also plans to open a distribution center inthe mid-Atlantic region.
The average HHGregg store is 30,000 square feet and employzs 40 workers. The company said it has begun to execute leases on thefutur stores, but a spokeswoman declined Wednesday to disclose any specificx locations for the stores or the distributio n center. HHGregg currently operates 111 storesin Florida, Georgia, Indiana, North Carolina, Ohio, South Carolina and Tennessee. In fiscak year 2009, the company posted sales of $1.4 billionm and a profit of $36.5 million.
Tuesday, September 6, 2011
WAMU, Chase sued over credit line suspensions - Phoenix Business Journal:
inofiquxi.wordpress.com
A California couple, Jeffrey and Jenifer Schulken, are the primarhy plaintiffs inthe case. They clainm WAMU and Chase improperly suspended theitr home equity credit line because the bankz were concerned about their ability to pay back the Banks are allowed to adjust some credit linezs if theybelieve borrowers’ circumstances have changed and they are likeluy to default on repayment. The attorney contend the couple (who also run a small did not miss any payments and are earning the same amounyof money. “The Schulkens did everything right.
They work pay their bills, and have always honored theitr relationshipwith Chase/WAMU,” said attorney Jay whose law firm, KamberEdelson LLC, representd the couple. “What the banks did to and countless others, is simply not right.” Edelsonh contends WAMU and Chasde are doing the same to other The suit has been files inthe U.S. District Court of Northern California, and he hopew to have it designated asa class-action suit with multiple plaintiffs. WAMU and Chase also have banking and lending operationain Arizona. Schulkens’ suit comes on the heelx of two similar actions filed related to WAMU and Chaser home equity andcredit lines.
Banks and mortgage lenders -- especially large players such as Chase and Bank ofAmericwa -- are under heavy scrutiny for their handlint of the mortgage crisis and credity crunch. The banking and credit card sectors have been criticizer for denying or delaying home mortgag refinancing and modifications aimed at reducing for raising credit card interest rates and and for curtailing credit lines to consumerzs andsmall businesses, even after receivingb federal bailout money. Chase acquired WAMU last year after the latterf ran intofinancial troubles.
Chaser and some other banks have paid back some of their Troubledr Assets Relief Program funds to the federal Chase officials did not respond Friday to a requestffor comment.
A California couple, Jeffrey and Jenifer Schulken, are the primarhy plaintiffs inthe case. They clainm WAMU and Chase improperly suspended theitr home equity credit line because the bankz were concerned about their ability to pay back the Banks are allowed to adjust some credit linezs if theybelieve borrowers’ circumstances have changed and they are likeluy to default on repayment. The attorney contend the couple (who also run a small did not miss any payments and are earning the same amounyof money. “The Schulkens did everything right.
They work pay their bills, and have always honored theitr relationshipwith Chase/WAMU,” said attorney Jay whose law firm, KamberEdelson LLC, representd the couple. “What the banks did to and countless others, is simply not right.” Edelsonh contends WAMU and Chasde are doing the same to other The suit has been files inthe U.S. District Court of Northern California, and he hopew to have it designated asa class-action suit with multiple plaintiffs. WAMU and Chase also have banking and lending operationain Arizona. Schulkens’ suit comes on the heelx of two similar actions filed related to WAMU and Chaser home equity andcredit lines.
Banks and mortgage lenders -- especially large players such as Chase and Bank ofAmericwa -- are under heavy scrutiny for their handlint of the mortgage crisis and credity crunch. The banking and credit card sectors have been criticizer for denying or delaying home mortgag refinancing and modifications aimed at reducing for raising credit card interest rates and and for curtailing credit lines to consumerzs andsmall businesses, even after receivingb federal bailout money. Chase acquired WAMU last year after the latterf ran intofinancial troubles.
Chaser and some other banks have paid back some of their Troubledr Assets Relief Program funds to the federal Chase officials did not respond Friday to a requestffor comment.
Sunday, September 4, 2011
Who
ekaterinaiuvo.blogspot.com
— an 11-year-old company that burst onto the scene building and designing wirelesws networks for the hospitalityhindustry — has developed a system that can accesxs the Internet, on-demand movies and computer programs from hotel-room TVs. The system also includes a businesds center and virtualconcierge program, and creates revenure opportunities for the hotel. The company’s biggest bream may have come June 23 when IBM announce d Roomlinx asthe in-room entertainment provider for its package, designed as a startup technology kit for new Roomlinx’ stock value shot up 46 percengt after the announcement, CEO and Chairman Michael Wasi said.
Roomlinx did the first installation of its new system in Septembe r ata Chicago-area Crowne Now, its product is in 10 locations with another seven hotels waiting, and the companyy is piloting the technology for four hotel
— an 11-year-old company that burst onto the scene building and designing wirelesws networks for the hospitalityhindustry — has developed a system that can accesxs the Internet, on-demand movies and computer programs from hotel-room TVs. The system also includes a businesds center and virtualconcierge program, and creates revenure opportunities for the hotel. The company’s biggest bream may have come June 23 when IBM announce d Roomlinx asthe in-room entertainment provider for its package, designed as a startup technology kit for new Roomlinx’ stock value shot up 46 percengt after the announcement, CEO and Chairman Michael Wasi said.
Roomlinx did the first installation of its new system in Septembe r ata Chicago-area Crowne Now, its product is in 10 locations with another seven hotels waiting, and the companyy is piloting the technology for four hotel
Thursday, September 1, 2011
Nonprofits brace for budget emergency aftershocks, IOUs - The Business Journal of the Greater Triad Area:
bajbiha.blogspot.com
While service providers don’t yet know whether they’lk receive IOUs — or what the amountsd will be — Sparky Harlan, CEO of the in Santq Clara, is prepared for the worst. “We receivs about $400,000 in stat e funding,” Harlan said. “We’re already accustomedx to getting money from the state late last year, for example, it took until Decemberr before we finally got paid.” For this year and last year the centert has relied on a $150,000 line of credit througyh to cover the gap, along with $500,000 out of its reserve funds. The center’s operating budgeft is $10 million for fiscal 2009-10.
The moneyg that may be on hold from thestates covers, in part, the center’s shelter and drop-ij program, street outreach, and parenting classes. “Ther problem right now is thatwe don’ty know for certain how much they’rer going to hold back,” said Harlan, who has been with the cente r for 26 years. “But this is by far the worstt I’ve ever seen.” In anticipation of the state’se budget problems, 10 percent cuts have already been plannecdfor foster-care payments.
Locally therer are 300 to 400 kids in foster Foster care rates are the same acrossdthe state, so families in high-cosy areas such as the Bay Area get the same amounr of compensation as people in more affordablre places. “We’re fronting half a million dollars she said. It’s a layereds problem for the center, since in additionj to state money some comes from the federal Housinhg and UrbanDevelopment department. And Harlan said HUD is so slow it can take up to six monthsw for payments tobe received. “We’re hoping to get paid by she said. “Nonprofits are just getting slammed.
” Harlann said the Bill Wilson Center has closex down two programs already and cut about 15 percenf ofits staff, leaving about 110 These are real layoffs, she pointed out not attrition or open jobs — and “heartbreaking” to do. “Wse had to give one staff person a layoff noticse and a week later his wife was laid off fromanothert nonprofit,” she said. in Campbell gets about $500,00p a year from the state for itsAIDS services.
CFO Ira Holtzmabn said the agency is largee enough and financially stable enough that he woulc just book an IOU as accountsx receivable and hope the money came through TheHealth Trust’s budget for fiscal year 2010 is more than $16 Holtzman said. Pam executive director of andVisually Impaired, whicu has offices in Palo Alto and Santa said that even though her agencyt provides the kind of services that are especiall at risk in Statre Controller John Chiang’s plan, the Vista Center is relatively “We receive money through Titled 7 Chapter 2 Brandin explained.
“Since much of our funding is federaplmoney we’re hoping that it has to be releasedx and passed on; the state won’tg be allowed to hold on to The Vista Center also has school contractsa through special education funding. “Last year when the state had similafr budget issueswe didn’t receive any IOUs,” she “but that situation was resolved soone r than this appears to be.
The agenciex that receive IOUsprobably won’t even know they’re comingb until they submit their She’s also banking on Vista Center’s status as a preferred vendor with the state, “so we’ll be paid in advancs of other vendors — if in fact the state is even writinhg checks.” Lisa Hendrickson, president & CEO of Avenidaes Rose Kleiner Senior Day Healt Center in Palo Alto, is also cautiously “The only funds we receive from the state are MediCakl payments for services provided at our adult daycare she said. “Our understanding is that those services are protected by the statre constitution as well asfederal law.
We do receive fundinh indirectly throughthe county, but we don’t expectg that to be Tom Kinoshita, public policy director of the , said people are on pins and “Everyone’s sitting around not knowing what’s going to But even with the most optimistic outcomr it’s still going to be very He pointed out that the deficit last year for Santa Clara County was more than $270 and many of the cuts were made in programs around health, mental health, drugs and alcohol and socia services. And there’s no relief on the horizon: For 2011 the countty is looking at a defici t ofabout $250 million, he said.
While service providers don’t yet know whether they’lk receive IOUs — or what the amountsd will be — Sparky Harlan, CEO of the in Santq Clara, is prepared for the worst. “We receivs about $400,000 in stat e funding,” Harlan said. “We’re already accustomedx to getting money from the state late last year, for example, it took until Decemberr before we finally got paid.” For this year and last year the centert has relied on a $150,000 line of credit througyh to cover the gap, along with $500,000 out of its reserve funds. The center’s operating budgeft is $10 million for fiscal 2009-10.
The moneyg that may be on hold from thestates covers, in part, the center’s shelter and drop-ij program, street outreach, and parenting classes. “Ther problem right now is thatwe don’ty know for certain how much they’rer going to hold back,” said Harlan, who has been with the cente r for 26 years. “But this is by far the worstt I’ve ever seen.” In anticipation of the state’se budget problems, 10 percent cuts have already been plannecdfor foster-care payments.
Locally therer are 300 to 400 kids in foster Foster care rates are the same acrossdthe state, so families in high-cosy areas such as the Bay Area get the same amounr of compensation as people in more affordablre places. “We’re fronting half a million dollars she said. It’s a layereds problem for the center, since in additionj to state money some comes from the federal Housinhg and UrbanDevelopment department. And Harlan said HUD is so slow it can take up to six monthsw for payments tobe received. “We’re hoping to get paid by she said. “Nonprofits are just getting slammed.
” Harlann said the Bill Wilson Center has closex down two programs already and cut about 15 percenf ofits staff, leaving about 110 These are real layoffs, she pointed out not attrition or open jobs — and “heartbreaking” to do. “Wse had to give one staff person a layoff noticse and a week later his wife was laid off fromanothert nonprofit,” she said. in Campbell gets about $500,00p a year from the state for itsAIDS services.
CFO Ira Holtzmabn said the agency is largee enough and financially stable enough that he woulc just book an IOU as accountsx receivable and hope the money came through TheHealth Trust’s budget for fiscal year 2010 is more than $16 Holtzman said. Pam executive director of andVisually Impaired, whicu has offices in Palo Alto and Santa said that even though her agencyt provides the kind of services that are especiall at risk in Statre Controller John Chiang’s plan, the Vista Center is relatively “We receive money through Titled 7 Chapter 2 Brandin explained.
“Since much of our funding is federaplmoney we’re hoping that it has to be releasedx and passed on; the state won’tg be allowed to hold on to The Vista Center also has school contractsa through special education funding. “Last year when the state had similafr budget issueswe didn’t receive any IOUs,” she “but that situation was resolved soone r than this appears to be.
The agenciex that receive IOUsprobably won’t even know they’re comingb until they submit their She’s also banking on Vista Center’s status as a preferred vendor with the state, “so we’ll be paid in advancs of other vendors — if in fact the state is even writinhg checks.” Lisa Hendrickson, president & CEO of Avenidaes Rose Kleiner Senior Day Healt Center in Palo Alto, is also cautiously “The only funds we receive from the state are MediCakl payments for services provided at our adult daycare she said. “Our understanding is that those services are protected by the statre constitution as well asfederal law.
We do receive fundinh indirectly throughthe county, but we don’t expectg that to be Tom Kinoshita, public policy director of the , said people are on pins and “Everyone’s sitting around not knowing what’s going to But even with the most optimistic outcomr it’s still going to be very He pointed out that the deficit last year for Santa Clara County was more than $270 and many of the cuts were made in programs around health, mental health, drugs and alcohol and socia services. And there’s no relief on the horizon: For 2011 the countty is looking at a defici t ofabout $250 million, he said.
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