Tuesday, July 26, 2011

Unemployment rate falls in Allegheny, Beaver counties - Pittsburgh Business Times:

http://www.rvp1875.com/index.php/articles/ames-tribune
and Industry released seasonally adjusted unemployment figures forthe state’sx counties and metropolitan statistical areas on Tuesday. In Alleghenyy County, the unemployment rate fell from 6.6 percent in Marcyh to 6.5 percent in Beaver County’s went from 8.2 percenyt in March to 7.9 percent in April. The improvement in Allegheny andBeaver counties, were not enough to boost the seven-county Pittsburgh MSA, whic saw its seasonally adjusted unemployment rate increase from 7.2 perceny in March to 7.3 percent in April. Pennsylvania’s unemploymen t rate held steadyat 7.8 percent.
When makingh comparisons, the Department of Labor and Industryh uses seasonally adjusted figures in order to account for cyclical hiringy differencesthat don’t reflect changesa in the overall economy. Employment in the seven-countt Pittsburgh area continues to be stronger than manyothefr areas. In addition to besting the state by half a percentage point, unemployment in the Pittsburgnh MSA is 1.6 percentagw points lower than the United States as a whole, whicbh has seasonally adjusted unemployment of 8.9 Here is the breakdown across the State College: 5.7 percent Lebanon: 6.7 percent 7.2 percent Pittsburgh: 7.3 percent Philadelphia: 7.9 percent 7.
9 percent Allentown-Bethlehem-Easton: 8.3 percent 8.4 percent Scranton-Wilkes-Barre: 8.6 percent Johnstown: 8.7 percent Reading: 8.7 percenyt Within the Pittsburgh MSA, unemployment ranged from 6.5 percent in Alleghen County to 9.8 percent in Armstrong County. Here is the breakdowh by county: Allegheny: 6.5 percenty Butler: 7.3 percent Washington: 7.6 percent 7.9 percent Westmoreland: 8.1 percen Fayette: 8.9 percent Armstrong: 9.
8 percenf

Sunday, July 24, 2011

Ford will stop Claycomo F-150 production for a week - Silicon Valley / San Jose Business Journal:

ujunyp.blogspot.com
The UAW Local 249 posted the informatiob in a newsletter on its Web Local 249 Vice President Bobby Wyse confirmed Mondahy that the informationis accurate. The productioj stoppage comes a week before an alreadyscheduled one-weeko summer break for the entire plantg starting June 29, a Localo 249 spokeswoman said. The plant also is scheduledr for a summer break during the weekof Aug. 17. Sales of Ford F-series trucks were 33,381 in May, up 16 percenrt from 28,757 in April but down 22.3 percen from 42,973 in May 2008. UAW Local 249 said the slighr increasein month-to-month salesw enabled Ford (NYSE: F) to cancel the scheduleds down week on June 22 at its F-150p truck plant in Dearborn, Mich.
, but the down week was left intacr at the Kansas City Assembly “This is partially due to depletec funds for the state’s Division of Unemploymentf in Michigan, making down weeks at (Dearborn) less of an the Local 249 said in the newsletter. Locall 249 added that sales projections continue to be less than the five shifts at the two truck plants can produce if they work full time througgh the 2010production year. Ford runs two shifts at Claycomlo and threein Dearborn. Wyse said Ford is considerint once again moving a shift fromthe F-150 side of the Kansa s City Assembly Plant and puttingf them to work on the SUV side. nothing has been determinexd so far, he said.
A year ago, Ford movefd about 800 workers from a secons shift onthe F-150 side of the Kansaz City plant to a third shift on the SUV side. The employees were movefd back tothe F-150 side on Jan. 12. Ford Escaper sales in May reached 16,391, up 20.6 percent from 13,596 in April but down 7.2 percent from 17,6667 in May 2008. The Kansas City Assembly Plant also produces the Mercury Mariner and hybrir versions of the Ford Escape andMercuryh Mariner. Combined sales of hybrid versione of theFord Fusion, Mercury Ford Escape and Mercury Mariner reached 3,906 in May, a new companyh record. The old sales record of 3,420 hybrid vehicles was set inApril 2006.
As of May, Ford’es Kansas City Assembly Plant in Claycom hadabout 3,900 hourly and 200 salaried

Thursday, July 21, 2011

'Another Earth': Sensitive science fiction - USA Today

idellecromwell1991.blogspot.com


USA Today


'Another Earth': Sensitive science fiction

USA Today


Another Earth is one of the most low-tech, low-budget, scaled-down and engrossing sci-fi movies ever to hit theaters. AP Brit Marling plays a brilliant young astrophysicist who makes a startling discovery in Another Earth. ...


Fantasia Day 4: “ANOTHER EARTH,” “A LONELY PLACE TO DIE” & “TROLL HUNTER”

FANGORIA



 »

Tuesday, July 19, 2011

Summary Box: American Express offering personalized deals through Facebook - Washington Post

http://property-canada.com/E2M.html


USA Today


Summary Box: American Express offering personalized deals through Facebook

Washington Post


HOW IT WORKS: It's not clear how personalized the Amex deals will be in the beginning, since the Facebook application is launching with offers from only about 100 national retailers. But Amex says it plans to quickly start adding deals from local ...


Facebook, AmEx team up to offer cardmember deals

CNET


American Express Launches "Link, Like, Love" on Facebook -- First-Ever ...

MarketWatch (press release)


AMEX: EXPRESSING THE FACEBOOK ROUTE

eBrandz


Fast Company -TMC Net


 »

Sunday, July 17, 2011

Plano growth on tap for Denbury - Houston Business Journal:

gerazawa.wordpress.com
will add as many as 350 employeexs and expand its corporate headquarters in a building will In 1999, Denbury leased about 50,000 square feet in a four-storyh building on Tennyson Parkway west of Prestonh Road. By last year, the growin company occupied theentire 100,000-square-foot Denbury has extended its initial lease and has hirefd Dallas-based Koll to develop a three-story, 102,000-square-foot buildin g and a parking garage on 5 acred next to the original building. Aboutr 350 employees eventually will be housed in the new which Denbury will leasefrom Koll. Denbury now employs about 200 in Plano and about600 nationwide.
The new jobs will be highlyh paid positions suchas geologists, geophysicists and managers, a Denbury representative said. The build-to-suit will be Koll's eighth project in Legacy, for a totao of more than 1.3 milliohn square feet, Koll CEO Steve Van Amburgh said. Other Koll projects include corporate homesfor , and Rent-a-Centerd Inc. "We love helping those tenantx that need new corporate VanAmburgh said. "We seem to understand We listen to them carefully and we builed what they wantso it'x a true build-to-suit for them." Earthwormk will start in late May after a ceremonial groundbreaking May 17, Van Amburgyh said.
The building shell is slated for completiojnin December, with move-in set for the seconf quarter of 2008. Van Amburgh declined to disclose the constructioj cost because the projectf is outfor bid. He also declinedf to release the budgeted cost because the scope of the projecthas changed, he said. For example, Koll is stronglh considering making thebuilding LEED-certified, a system implemented by the U.S. Greenm Building Council to rate energy efficiency and Riis Christensen with Transwestern and Jeff Ellerman with The represented Denburyy Resources in negotiating the lease renewaland "This is a largwe transaction," Christensen said.
"The combination of these two deals, at 200,00p square feet, is one of the biggest one-two punchezs the area has seen in along time." The expansion is the largesty in Legacy since Koll built a 170,000-square-foot corporate campuz for Rent-A-Center last Christensen said. Economic incentivezs are expected to be part of theDenbury package, but details remainn under negotiation and have not been approvef by the Plano City Council, said Elainde Hamm, the Plano Economic Development Council's directo for business retention and "We are thrilled that Denbur y is growing and expanding theie business here in she said.
"They're a very prominent businesz and we're especially pleased that they will remain here and continur togrow here." has been named architecgt of the project and Furstenwerthy Bagley Design will handle the interior design. The new buildingt will form an L-shape with the existingt building and open into a saidDavid Botello, director with Gensler The old and new wings will be linked by a glass "Part of the design objective is to creatw more of a campus atmosphere," he said. "Thw new architecture will complement the existing buildin in respect tomaterial colors, glass colors and the articulatiob of the windows.
The new buildinhg is somewhat more streamlined and contemporary with respecg to theold one." Denburt officials did not return phone callsd by press time requesting more specifics about the types of jobs that will be createed or when those jobs will be phased in. Denbury DNR) on May 3 announcee record quarterly production for the firs t quarterof 2007, averaging an 8% increase over productioh levels overall in the first quarter of 2006. Significant increaseds in the company's tertiar y oil production and Texas Barnett Shale natural gas production offset productiomn declinesin Louisiana, according to company reports.
Productio n for the quarter was 38,305 barrels of oil equivalen per day, compared with 35,454 BOE/d in the firsy quarter of 2006. Denbury owns more than 74,700o acres of leases in the BarnettShalr area, which stretches north and west of Fort The exploration and production company acquiredr the acreage in 2001 and did only limited developmeng until 2005. As of Dec. 31, Denbury had about 252.4 billion cubid feet of natural gasequivalenft (Bcfe) of proved reserves in the Barnettf Shale area valued at about $243.5 million. Durinb 2006, Denbury drilled 46 horizontal wells, significantlyg increasing its BarnettShale production.
Average production from the Barnetft Shale increasedto 6,989 BOE/d in the first quarter of 2007, up from 3,953 BOE/d for the firsgt quarter of 2006 and 5,925 BOE/d in the fourth quarter of 2006. Denburgy expects its Barnett Shale production to grow significantly during 2007 as it drillz 35 to 40 morehorizontal wells, all of whichg are scheduled for Parker County, according to companhy statements. Denbury drilled 12 wells in the first quartedrof 2007.

Friday, July 15, 2011

Silicon Valley Bank still prefers VCs to real estate - San Francisco Business Times:

mozybyd.wordpress.com
The $13.25 million construction bond forthe 113-unit projecft also represents the bank's primary foray into real estate finance, undertaken to satisfy requirementss under the Community Reinvestment Act. Apart from holding a handful of mortgageas for a few verywealthg clients, the bank staya away from real estate -- which in turn marke it out from most banks, where such lendin g is a central part of theier loan portfolios. Instead, Silicon Valleyh Bank prefers an area that makes othefrbankers nervous: venture firms and the high-growth companiees they back.
"I've always thought it'w smart to stick with what you do saidKen Wilcox, CEO of the bank that'e marking its 25th anniversary this year. Wilcoxs says the venture industry is but he dismisses industry chattef that the venture capital model is In fact, he sees a brighty future for the businesz given the pace of innovation and new idease that need the financing, peoplde and skills that venture capitalists brint to the table. Venturre capitalists embracing global ambitions and accommodating the increasede flow of capital from institutional investoras will spurfurther change.
"The interest by venturee capitalists in capital intensive industrieds such as life sciencess and clean technologies will likely drive fund sizes upwardsz for theforeseeable future," said Mark Heesen, president of the . "Therr is no shortage of opportunities, nor is there a shortage of institutional investors interested in the venture capitalkasset class." But the volumd of money flowing into venture capital is changing the way the industr y operates. Wilcox anticipates more venture firms will follow in taking space inSan Francisco, the region's traditiona financial center.
Even the ventured industry's staffing levels and professional developmenare changing, with much larger teamss required to invest the bigger sums. The industry, as Wilcoxs sees it, is shifting from an apprenticeshi model, in which a seniod professional trainsan up-and-comer, to one in whichg investment professionals move up the "Venture capital firms are looking more like banks," said who is also CEO of the Silicohn Valley Bank's holding company, . Silicon Valley Bank also sees the industrgy actingmore globally. The bank recently told analysts that itexpectsz U.S.
venture capitalists to shift from having 90 percent of their money invested in the United Statese to just a third investedd in the United States in 10 A decadefrom now, the bank sees China capturing 25 percentf of U.S. venture capital dollars in a with India receiving 21 percenf and Europe13 percent. Silicon Valleg moved abroad in recent yeards to pursue that The bank now operates five officesz internationally in addition to the 27 offices it has in tech centerss across theUnited States.
As with the rest of the the Federal Reserve's aggressive movesw to cut interest rates in recent monthsz has pressuredthe bank's net interest margin, or the differenc e in interest it pays on deposits and what it earnzs on loans. The bank's first-quarter net interest marginn fellto 6.36 percent from 7.04 in last year'sz fourth quarter. Joe Morford, an analys with in San Francisco, anticipatess the bank's net interest margin will ultimately settle inthe 5.25 percentg to 5.5 percent range.
Silicon Valley Bank'a margin gets a boos from the large numberof venture-backed clients who keep substantiakl deposits in checking accounts that bear no interest as they slowlhy put venture dollars to work. Unlik many banks this year, Morford said SVB Financiakl Group beatWall Street's expectations and had no serioue credit problems in the first He credits strong loan growt and fee income trendsx coupled with tight expense controls. The company repurchasedr 3 percent ofits stock, or almosyt 1 million shares, in the firsf quarter, but Morford sees the pace of repurchase slowing as the company devotes more capitapl to growth.
RBC Capital Markets has provided non-investmen banking services to SVB over the past12

Tuesday, July 12, 2011

Martin commission sets guidelines to ensure truth on board applications - TCPalm

gardellaorymiid1354.blogspot.com


Martin commission sets guidelines to ensure truth on board applications

TCPalm


STUART â€" The 200 people per year who apply to serve on Martin County's advisory boards and committees will have to swear to the truthfulness of their applications, the County Commission decided Tuesday. Lying on an application could ...



and more »

Sunday, July 10, 2011

Human Genome Sciences submits ABthrax to FDA - Washington Business Journal:

http://biomarck.com/intellectual-property.htm
On Thursday, Human Genome Sciences (NASDAQ: HGSI) announcede it had submitted a Biologics License Application to the FDA for its humajn monoclonal antibodydrug ABthrax, also known as for the treatment of inhalation anthrax. Human Genom e Sciences said the submission showed a survival benefit in studiexs of rabbits and monkeys and the result of safety studies conducted in healthhuman volunteers. “Based on the resultsz of our efficacy and safety we believe raxibacumab has the potential to be an importanyt new treatment for inhalation said Human Genome Sciences Senior Vice President Sally The U.S. government has already reachedthat conclusion.
In the first Human Genome Sciences initiated deliveryof 20,00 0 doses of raxibacumab to the U.S. Strategic National Stockpile for emergency use in the treatment of inhalation anthrax, generating $127.8 million in producty sales. Raxibacumab was developed under a contractr entered into in 2006 with the Biomedical Advancecd Research and Development Authority of the Office of the Assistant Secretarhy for Preparedness and Response ofthe U.S. Departmenyt of Health and Human Services. Raxibacumab is the firstf product that Human Genome Sciences has submitted for a BiologicxsLicense Application.
If it would mean a $10 million milestone paymentg for Human Genome Sciences under terme of theHHS contract.

Friday, July 8, 2011

AMA Tampa Bay adds online video to offerings - Tampa Bay Business Journal:

asozyrab.wordpress.com
AMA Tampa Bay TV, as the platform is was a projectof , of Tampa and in Ybor It makes the locall AMA chapter is one of the few in the nationj to offer such a platform to its according to a release. “Wde were immediately intrigued with the idea of becominf involved in this new mediq projectas we’re seeing online video grow at a steady pace in our own and recognize its increasing importance,” said Heidi Kempf, vice presideny of business development at Ren Scott, in a Endavo Media is providing the backbone for the televisio platform through a branded video player with interactive features.
The platformk also offers way to monetize online videowith sponsorships, subscriptions and other options. The platform was unveilede Fridayduring AMA’s monthly luncheon and featured video interview s with past program speakers and highlights from the chapter’s recen digital marketing conference. AMA Tampa Bay has nearly 400 memberx and is consideredthe fastest-growing chapter in the country.

Tuesday, July 5, 2011

Shuttle Program Nears End, Final Flight Friday - KSAT San Antonio

ivyhofy.wordpress.com


Telegraph.co.uk


Shuttle Program Nears End, Final Flight Friday

KSAT San Antonio


SAN ANTONIO -- The countdown has begun for NASA's space shuttle program, which will launch its final flight on Friday, barring a weather delay. It is an end of an era for the program that will have a lasting impact on history and on San Antonio ...


Poor forecast for Friday shuttle launch

MyFox Tampa Bay


Final Space Shuttle launch Friday

Pajamas Media


Final Space Shuttle mission: If you're in Florida on Friday and Mickey c »

Sunday, July 3, 2011

Crist signs bill to battle securities fraud - Business First of Columbus:

http://invest-ment.com/dolgo.html
During a ceremonial bill signinv Monday atthe Miami-Dade County Courthouse, with Attorney General Bill McCollum and some of the bill’as sponsors at his side, signed the Investor Protection Act (HB It gives McCollum’s office, with approval from the , the authoritu to investigate and prosecute large-scal e securities scams under the state’s securities law. white-collar criminal prosecutions fell under theracketeering statute, which is hardedr to prove. Prosecutions also were limited to the office ofthe state’ss attorney, McCollum pointed out.
Crisrt noted that this kind of authorit y was lacking during his tenure as attorney general and that this law woulfdput “teeth” into the state’s prosecutorial The law enhances the Office of Financiall Regulation’s enforcement powers by increasing penalties for violatore and strengthening the license registration requirementzs for securities dealers. Penaltiese double from $5,000 to $10,00o0 as a result of the law, whicb goes into effect Wednesday. State authorities will also be able to pursuw civil lawsuits to recove rlost money, McCollum said. McCollukm worked with Rep. Tom Grady, R-Naplezs and Sen. Garrett Richter, R-Naples on the Both attended the signing. Sen.
Dan Gelber, D-Miami a bill sponsor, also attended Monday’sw ceremony. Grady is a securities attorney and experr in securities regulation who drafted the bill and sponsores it inthe House. “Now the attorneyt general will have the tools to do the said Grady, prior to the signing. “Oudr economy will grow stronger if investors have confidence in ourfinancia markets,” he said in a statement.
“Byt increasing the tools available to the state to prosecut violators of oursecurities laws, we protectg investors and foster needed trust in the

Friday, July 1, 2011

US Mint releases 2011 American Eagle Silver proof coins - Mineweb

xszeyluje.blogspot.com


CoinNews.net (press release)


US Mint releases 2011 American Eagle Silver proof coins

Mineweb


The US Mint fin »