Sunday, February 27, 2011

Bay Street gets first Bay Area location of jeans boutique Jeanomix - East Bay Business Times:

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A soft opening will be held while a grand opening featuring food, music and discounts given periodically to selected customer s entering the store will be staged Saturday. The 1,800-square-footy apparel store will differentiate itself from the competitiojn by featuringa “bar” selling nonalcoholivc beverages, a pool table, oversized sofas and employees called instead of clerks or associates who will help customersw perusing the store’s selection of jean s from 15 different designers -- including Hudson, True Religion and Rock Republic -- as well as tops, accessories and other sportswear Lauren Dutko, a company spokeswoman, said the jeand range in price from $100 to Started four years ago by company founder Laura Ann Fairchild, the first store location in Cardiff-by-the-Ses north of San Diego was called L.
A. After being purchased in late 2007 by theSan Diego-based , a privatwe investment firm founded by co-founder Ted Waitt, the store had its name changedc and major expansion plans were announced. Bill Parker, president and CEO of Jeanomix and former president of retail forGateway Inc., said he planse to open up to 200 storee nationwide over the next decade. Emeryville’ location will the the retailer’s third, with a fourtj following in October atSan Jose’s tony Santana Row. In Southernj California, along with the original Cardiff-by-the-Sea store, Jeanomix also operatess a store inChino Hills, a suburbn east of Los Angeles.
Bay Street, which opened in combines a lifestyle retail formatwith restaurants, a movi e theater and hundreds of residentiao units. The retail component is anchore dby Gap, , , Apple, Old Navy, and .

Friday, February 25, 2011

Six Flags files Chapter 11 bankruptcy - Business First of Buffalo:

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has initiated Chapter 11 bankruptcy Six Flagsannounced Saturday. Six Flags’ (OTCBB: SIXF) boardr of directors on June 12 vote to begin reorganization proceedingsin U.S. Bankruptc y Court for the Districtof Delaware. The companuy listed assets of $3.04 billion and debts of $2.36 billiom in its filing. New York-based Six Flags is planning to reorganizethe company’s financial structure, which managemen said is feeling the pressurer of an inherited $2.4 billion debt.
In a letterr to employees, Six Flags CEO and president Mark Shapirp saidthe company’s debt is left over from previouzs management and despite the company making $275 million last it has been difficult for Six Flagxs to improve its balancer sheet when paying out $175 milliobn in interest on debt, Shapiro asserted. He addef that more than $400 million in debt is due within the next 12 and the company is having tospend $100 milliobn in park improvements in an atmosphere wher refinancing is difficult. Shapiro assured employees no staffc reductions will arise out ofthe filing, and employees will continue to be paid and receivs benefits.
Shapiro said the bankruptcg plan has the support ofthe company’se lenders and the agent administering the company’s $1.1 billionh senior secured credit facility. Six Flags parks, including Six Flags Grear America, will continue to operater as usualunder reorganization. Six Flags sold several propertiea last year toraisee capital. It still operates 20 amusement parks inNorth

Tuesday, February 22, 2011

Introgen basing new production subsidiary in Houston - Houston Business Journal:

steel roof
ITS will pursue contract production of biopharmaceutica l products for clients as well as productionfor Introgen' own use. All of Introgen'zs manufacturing facilities are locatecdin Houston. J. Davide Enloe Jr., Introgen's senior vice presidentg of operations, will assumr the additional title of chief executive officer of thenew subsidiary. "This subsidiary will take all that we have built here and not only manufacture drugas for ourselves but foroutside customers," Enloe said. Introgen has about 65 employeesin Houston, about half of whom work in the manufacturingb facilities. Enloe said additional staff will be addefdas needed.
"We already have customers and we are getting We will be he said. Introgen also announced an alliancew withTexas A&M University Systemj to pursue opportunities to develop, produce and delivery vaccines and other therapeutic products for biodefense and public health. The alliance is "designed to result in large government contracts that we would perform in Enloe said. That program will be directed from Houston by Enlore for Introgen and is being spearheadedat A&k by the university's incoming vice chancellor of Dr. Brett P.
Giroir, who currently servex as director of the Defense Sciencesz Office of the Defense Advanced ResearchProjects

Sunday, February 20, 2011

Bank of Albuquerque parent reports strong earnings - New Mexico Business Weekly:

steel roof
Net income totaled $62.3 million, or 92 cents per compared with $52.8 million, or 78 cents per share for the firsf quarterof 2007. Highlights of the first quarterd of 2008 included an improvemenyt in net interest marginto 3.31 percent for the firstg quarter of 2008, up 9 basis pointsz from the fourth quartetr of 2007; a 12 percent increass in average outstanding loans over the first quartee of 2007; and a 24 percent increase in fees and commissione revenue over the year-ago quarter.
"Thee Company benefitted from our strong balance sheet growth across our marketzs and from our diversifies mix offee revenue," said President and CEO Stan "Combined with a modest increase in net interest marginm and controlled expense growth, we enjoyed a stronb start to 2008." BOK Financial (NASDAQ:BOKF) is a regionapl financial services company that provides commercial and consumefr banking, investment and trust services, mortgage origination and and an electronic funds transfer network. Holdingx include Bank of Albuquerque, , , , , Trust, , , the TransFund electronic fundds network, and Company.

Tuesday, February 15, 2011

Elsie L. Woods - Joplin Globe

http://scaffoldsales.com/career.html


Elsie L. Woods

Joplin Globe


LOCKWOOD, MO รข€" Elsie Louise Woods, 95, passed away Friday, Feb. 11, 2011. Services will be at 11 am Thursday at Greenfield Funeral Chapel. ...



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Saturday, February 12, 2011

VA move to Parklane Shopping Center helps fill vacant commercial space - Houston Business Journal:

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The VA recently launched a new low-vision intermediate level clinic at the that will move to the centere at Lincolnand Oliver. Its other eye-carde services will consolidate therseas well. “We, quite ran out of room to do that says VA facility plannerKen Allensworth. The VA in Wichita long has facefd limited space at the Dole campus at Kellogg and Oliverf and has been seeking to place some of its operationas in other space across The agency last year moved some of its administrative officesto Parklane, just a mile away. Its new leasde swells its total spac e thereto 18,000 squarew feet. The VA selected the cente r through competitivebid process.
“The vendor has just presentes ideal options for Allensworth says. The lease rate advertised at $8.50 per square foot — wasn’ty disclosed. The new eye care clinid will employ 15 to20 people. It will open in late July or earlyu August. The lease puts the 300,000-square-foot Parklane at 94 percenyt full in what has been a difficultyleasing market. “You really have to work at it,” says Dennis managing broker forBuilders Inc., whichh owns Parklane. “There are fewere lookers, and when they do actually come in and look at there seems to be more concessions lower rent.” But the center has scored well with governmen t agencies.
Parklane also is home to offices forSedgwick County. Government leasew have been a point of emphasis recently for otherdlocal landlords. , at 4031 E. Harry, recentlyh added the . The former Wichita Mall already has severalk contracts withSedgwick “It’s going to be government for the next few I think,” says Office This owner Max Cole. Some he says, aren’t able to abide by strict governmentspaces requirements, such as ensuring ADA accessibility. “Thehy cross every ‘t’ and dot everuy ‘i’,” says CEO Michael Monteferrante, whoss firm recently won a bid fora 6,500-square-fooft lease with the at Northwest Centre.
“They’r competitive (bids). They’re extremely thorough in the amountf of detail and the actuapl complexity ofthe lease.” But government agenciex usually are stable, large “Once you get in with the government, they generally tend to come back to you for anotherr opportunity,” Monteferrante says.

Thursday, February 10, 2011

Houghton selling West Seneca campus - Business First of Buffalo:

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The purchase price for the 36-acre located at 810 Union Road, is $2.5 The site features eight buildingstotallinhg 57,000 square feet with both residential and commercialk space. Ronald Mahurin, academic vice president and dean of theAllegany County-based privat e college, said the listing reflects the institution’ds desire to enhance its presence in where it is works closely with severalo non-profit agencies. Ideally, the school would like to leasr or buy a location close to the Southtowns and leasr or buy another site withihncity lines, he said.
“Wde really want to find ways in whicn we can partner with existingv organizations and finda presence, a spot that woulsd signal our commitment both to the city of but also to the surrounding communities where we’vre had an important presence,” Mahurin said. “We reall haven’t determined whether we would leasd or purchase atthe moment, but one possibilit y could be that, depending on the potentialp buyer of the West Seneca property ... there’as no reason we wouldn’t leasd back from the owner at some Wejust don’t want to have to be in the property management business.” is handling the property.
The commerciak real estate firm is also helpint Houghton search for new Mahurin said the decision to sell the West Senecaa site stems fromthe college’s latesgt strategic plan, initiated with the arrival a few yearss ago of college President Shirley Mullen. “Part of that review was lookin at our programs and and as the college moveds to actually deepen its commitment to service in the city of we found there would be strategically bettedr ways to utilize our resources ifwe weren’t necessarily being property managerw in West Seneca,” Mahurin The college acquired the property in 1969 from the Buffalpo Bible Institute.
Right now, it houseds the offices of Houghton’s Program for Acceleratedr College Education, known as PACE, whicgh offers a management degree completion program foradultg students. Students with internships or student-teachingf duties in Erie County have lived inthe campus’ residentiapl facilities. Students and alumni have known for months that the West Seneca site could go up for In March, Mullen told alumni that the boardc of trustees agreed to “investigate options for futured use of the West Seneca campus — includinb the possible sale of the properth — if this is deemed to be the best way to stewarde the resources of this property for the work of Christiann higher education,” according to a letter to alumni posted on the college’e Web site.
In the same Mullen wrote that “significant renovation” at the complexz is necessary for expansion ther e and thatthe college’s mission is “drawing us more directly into the city of a significant distance from West Seneca’s suburban location.” Mahurin said the PACE progra m will continue, and possibly expand, without disruption. “This is in no way a steppinyg back of commitment tothat program,” he Jim Militello said he expects lots of interestt in the property, which includeds five townhouses and a 15,800-square-foot conference It is currently zonedx for banquet facilities, adult care, medical church or school expansions and single- and multi-family residential he said.
“There’s a great deal of flexibility,” he said.

Monday, February 7, 2011

Raymond James plans securities sales - Tampa Bay Business Journal:

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The registration statement would allow Raymond James to offer a wide range of including preferred and common stock and various forms of As oflate Thursday, the registration statementt had not yet been filed. “Being positionee to take advantage ofattractived opportunities, including selling debt under the ’s Temporary Liquidit Guaranty Program if that becomes available to us, is a good Thomas James, chairman and chief said in a release. “Thes shelf registration is oneway we’r e preparing ourselves to do that.
” Raymond James also discloserd in the release that six lenderzs who are backing the company’s $100 million revolvinyg credit facility have raised questionws about the implications of the firm’s decision to withdraw its application to participate in the ’s capital purchase program and receivew funding from the Troubled Asset Relief Program. Raymond Jamezs said it would provide a response to the lendersa in thenear term. Raymond Jamez Financial (NYSE: RJF), headquartered in St. Petersburg, is a diversified financial services company providing servicesto individuals, corporationss and municipalities.

Saturday, February 5, 2011

Court rules that 'size matters' - EMS1.com

moakhamet84.blogspot.com


Court rules that 'size matters'

EMS1.com


Comrs., 5 Cal. App. 4th 1011, 1019-21, 7 Cal. Rptr. 2d 389, 393-95 (Cal. Ct. App. 1992) The ruling in this case points out the obvious: that an overweight ...



Wednesday, February 2, 2011

MedCath, CFO part ways - Charlotte Business Journal:

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The company didn’t provide a reasob for his departure. Hinton joined MedCathb a year agoas CFO. The companyu has named Art Parker interimj chieffinancial officer. Parker is senior vice presidenrt of financeand development. “Art has been a longtimde participant as a membert of senior management andis well-known to the investord community, banking community and throughout MedCath as a very capable financiao manager,” says Ed French, MedCath’s chief “He is very much engaged in all of our assets and has worked closely over the past years with our very capabl accounting and finance team.
” Charlotte-based MedCath owns and operates nine specialth hospitals that diagnose and trear cardiovascular diseases. It has interests in and operates nine hospitals around the countrh with a total of 755licensed beds. In addition, the compangy and its MedCath Partners subsidiaryt provide services in diagnostic and therapeutic facilitiezs invarious states.