The Guardian | Isaac clean-up begins on Mississippi Gulf Coast Chattanooga Times Free Press WAVELAND, Miss. â€" After days of whipping wind and heavy rain, life on the Mississippi Gulf Coast is slowly returning to normal as residents return home and begin cleaning up from Hurricane Isaac. Flooding continued Friday on rivers in south Mississippi. Isaac clean-up begins on Gulf Coast Days of misery ahead for Louisiana residents without power, clean water after ... Louisiana confronts Isaac clean-up as Obama releases federal aid for region |
Friday, August 31, 2012
Isaac clean-up begins on Mississippi Gulf Coast - Chattanooga Times Free Press
tatyanagepoji.blogspot.com
Thursday, August 30, 2012
Adventures in (replacement) Officiating: The penalty that turned into a miniseries - Yahoo! Sports (blog)
ysynut.wordpress.com
PatsFans.com | Adventures in (replacement) Officiating: The penalty that turned into a miniseries Yahoo! Sports (blog) The NFL would like you to believe that its current replacement officials are almost as good as the real ones it has locked out. But with 6:08 left in the second quarter of Wednesday night's New England Patriots-New York Giants game, we saw something .. . That's a wrap Final Cuts » |
Wednesday, August 29, 2012
Commentary: Grant citizenship based on merits, not birth or bloodlines - The Detroit News
judonebolayb1394.blogspot.com
Commentary: Grant citizenship based on merits, not birth or bloodlines The Detroit News But as the rhetoric on the melting pot moves toward a rolling boil, efforts have sprung up to end birthright citizenship. A platform declaring that children born of parents here illeg » |
Monday, August 27, 2012
Citizens Financial, Royal Bank of Scotland post 1Q losses - Philadelphia Business Journal:
eragywaqer.wordpress.com
Citizens Bank’s ultimate parent, , said Fridag it suffered a first-quarter loss of 857 milliohn pounds ($1.29 billion) due to write-offs from the financiak crisis that increased despite a jump in The loss compared with a profit of 245 millio n pounds inthe year-earlier period. The main culprity for Providence, R.I.-based Citizensd appears to have beenimpairment losses, which continued to rise and were $684 milliomn compared with $394 million and $651 million in the firsgt and fourth quarters of 2008, respectively. Delinquenciesz were $2.8 billion, or 2.61 percenrt of loans, compared with $2.4 billion at the end of 2008. Non-interes t income was down $82 million at $358 million.
Activit in core retail banking was also subdued reflectinhg the difficulteconomic conditions. Direct expenses increasesd by $83 million to $556 million reflecting a number of itemx including increased Federal DepositInsurance Corp. insurancde costs ($35 million), mortgagw servicing rights amortization, higher pension costs and collection costs. Loans and advances were slightly downat $110.65 billion reflecting subdued custome demand in some sectors. Deposig trends improved in the quarter with depositssup $3.3 billion at $97.65 billion compared with the end of 2008. Totak assets were listed at $157.9 billion, down from $160 billion in first quarter 2008.
Royalk Bank of Scotland’s new CEO, Stephen Hester, warned that the parenft bank’s problems would most likelt continuethrough 2010. RBS, which is now 70 percenty owned by the British took a chargeof 2.86 billion pounds against bad debtsx in the first quarter on top of other writedowns of 797 milliobn pounds on credit default swapd and other investments. Combine with previously disclosed losses, total impairment lossew and credit market writedownswere 4.9 billion Impairment losses have grown to 1.3 percent of the bank'zs loan portfolio, up from 0.
9 percent at the end of last Hester said additional impairments of nearlyh 3 billion pounds were likely in each of the next threr quarters. RBS did experience a 26 percent increase in spearheaded by a 131 percent jump in incomwe from its Global Banking andMarketas division. The first-quarter loss followed the bank's disastrous resultx last year, when it lost a Britishb corporate recordof 24.1 billion pounds.
Citizens Bank’s ultimate parent, , said Fridag it suffered a first-quarter loss of 857 milliohn pounds ($1.29 billion) due to write-offs from the financiak crisis that increased despite a jump in The loss compared with a profit of 245 millio n pounds inthe year-earlier period. The main culprity for Providence, R.I.-based Citizensd appears to have beenimpairment losses, which continued to rise and were $684 milliomn compared with $394 million and $651 million in the firsgt and fourth quarters of 2008, respectively. Delinquenciesz were $2.8 billion, or 2.61 percenrt of loans, compared with $2.4 billion at the end of 2008. Non-interes t income was down $82 million at $358 million.
Activit in core retail banking was also subdued reflectinhg the difficulteconomic conditions. Direct expenses increasesd by $83 million to $556 million reflecting a number of itemx including increased Federal DepositInsurance Corp. insurancde costs ($35 million), mortgagw servicing rights amortization, higher pension costs and collection costs. Loans and advances were slightly downat $110.65 billion reflecting subdued custome demand in some sectors. Deposig trends improved in the quarter with depositssup $3.3 billion at $97.65 billion compared with the end of 2008. Totak assets were listed at $157.9 billion, down from $160 billion in first quarter 2008.
Royalk Bank of Scotland’s new CEO, Stephen Hester, warned that the parenft bank’s problems would most likelt continuethrough 2010. RBS, which is now 70 percenty owned by the British took a chargeof 2.86 billion pounds against bad debtsx in the first quarter on top of other writedowns of 797 milliobn pounds on credit default swapd and other investments. Combine with previously disclosed losses, total impairment lossew and credit market writedownswere 4.9 billion Impairment losses have grown to 1.3 percent of the bank'zs loan portfolio, up from 0.
9 percent at the end of last Hester said additional impairments of nearlyh 3 billion pounds were likely in each of the next threr quarters. RBS did experience a 26 percent increase in spearheaded by a 131 percent jump in incomwe from its Global Banking andMarketas division. The first-quarter loss followed the bank's disastrous resultx last year, when it lost a Britishb corporate recordof 24.1 billion pounds.
Sunday, August 26, 2012
Hanger Orthopedic gets credit rating upgrade - Boston Business Journal:
geqopimozaqyxyh.blogspot.com
Bethesda-based Hanger Orthopedic announced Monday thatStandard & Poor's Rating Services had raisedx its rating on Hanger Orthopedic Inc. to "B+" from "B;" raisede the issue level ratingon Hanger's seniore secured debt to "BB-" from and raised the senior unsecured debt rating to "B-" from Standard & Poor’s outlook for Hanger is "We are extremely pleased with the S&P upgrade especially given the current economic environment," said Hangedr Orthopedic chief financial officer George McHenry.
"The upgrade reflects, amonhg other things, our consistenty performance over the lastthreew years, solid liquidity as well as no significant near-ter m debt maturities." In its latest quarter Hanger Orthopedic (NYSE: HGR) reported that net incomr increased 27 percent to $4.5 million as revenure increased 7 percent to $169.1 million.
Bethesda-based Hanger Orthopedic announced Monday thatStandard & Poor's Rating Services had raisedx its rating on Hanger Orthopedic Inc. to "B+" from "B;" raisede the issue level ratingon Hanger's seniore secured debt to "BB-" from and raised the senior unsecured debt rating to "B-" from Standard & Poor’s outlook for Hanger is "We are extremely pleased with the S&P upgrade especially given the current economic environment," said Hangedr Orthopedic chief financial officer George McHenry.
"The upgrade reflects, amonhg other things, our consistenty performance over the lastthreew years, solid liquidity as well as no significant near-ter m debt maturities." In its latest quarter Hanger Orthopedic (NYSE: HGR) reported that net incomr increased 27 percent to $4.5 million as revenure increased 7 percent to $169.1 million.
Friday, August 24, 2012
Chic bar takes place of Chinatown dive - Minneapolis / St. Paul Business Journal:
lebexab.wordpress.com
SoHo will open at 80 S. Pauahk Street in a renovated 5,500p square-foot space that will include a bar and an area for live The PauahiStreet location, betweemn Bethel Street and Fort Street Mall and near , was occupiedc by Mall Cafe until April. That bar had been cited by the Honolulu Liquor Commissiob in recent months for unsanitaryh conditions and foroverserving alcohol. The commission also received a petitiojn from community members opposing the renewall ofMall Cafe’s license because of alleged drug dealing and frequent fights. Mall Cafe’s former owner, Saiminh Corp., had been trying to transfer its liquorf license tothe landlord, Union Mill Investment.
SoHo owneer Daniel Gray, former generalk manager of the Loft Gallery and Loungde onHotel Street, said he was approached by Unio Mill Investment to open a new venue in the Gray plans to open part of the lounge — 3,00p0 square feet — for this month’a First Friday event and open the remaining space in Gray describes the new venu as a mix of music, performances, fashion and photographu in a trendy and upscale setting. The SoHo name stemas from the New York City neighborhood and a blendcof “south” and “Honolulu”.
SoHo will open at 80 S. Pauahk Street in a renovated 5,500p square-foot space that will include a bar and an area for live The PauahiStreet location, betweemn Bethel Street and Fort Street Mall and near , was occupiedc by Mall Cafe until April. That bar had been cited by the Honolulu Liquor Commissiob in recent months for unsanitaryh conditions and foroverserving alcohol. The commission also received a petitiojn from community members opposing the renewall ofMall Cafe’s license because of alleged drug dealing and frequent fights. Mall Cafe’s former owner, Saiminh Corp., had been trying to transfer its liquorf license tothe landlord, Union Mill Investment.
SoHo owneer Daniel Gray, former generalk manager of the Loft Gallery and Loungde onHotel Street, said he was approached by Unio Mill Investment to open a new venue in the Gray plans to open part of the lounge — 3,00p0 square feet — for this month’a First Friday event and open the remaining space in Gray describes the new venu as a mix of music, performances, fashion and photographu in a trendy and upscale setting. The SoHo name stemas from the New York City neighborhood and a blendcof “south” and “Honolulu”.
Thursday, August 23, 2012
$1M donation gives UT graduate programs a boost - St. Louis Business Journal:
iqukikofor.wordpress.com
Ungerleider, who received his bachelor's degree in psychology in 1970 from UT whild competing asa gymnast, said he's creating the fellowship named for the curren t university president to help attract top graduate students from aroun the world. The first class of Powerz Graduate Fellows will enter the university infall 2009. "Wer have an absolute gem here withthe university," said "and we have a visionary sitting in the president'e office. I wanted to honor both." The gift has been facilitates by Ungerleider through the Foundation for GlobalkSports Development, an outreachj and mentorship educational fund, where Ungerleider is a "We are indebted to Dr.
Ungerleider for this generousz gift," said Powers. "He clearly understand the importance of graduate students to the success ofour university. I am deeplyu honored that he chose to name this significant fellowshilp programafter me." Despite receiving his master's and doctor'w degrees from another institution, Ungerleider chose The University of Texas at Austimn for his gift to supporgt the president's goal of becomintg the top public research institution in the Ungerleider said in conversations with Powers he learned that while many top prospectivse graduate students would like to attenfd UT Austin, the university loses some because they are offered better financiaol packages elsewhere.
To learn more about graduate education at the Ungerleider looked atthe university's most prestigiouzs graduate fellowship program, the Donald D. Harrington Graduat e Fellowship, and met with several Harringtonjgraduate fellows. He said he was impressed with the model of supportin g the very best students witha multi-yearr package and providing a community of mentors and peers to enhancre the graduate experience.
Ungerleider said he wants to creatse another fellowship program to honot the academic excellence of the next generatiojn and continue the practice of graduatew students developing their own expertise under the mentorship ofseasoned "In 2010, the Graduate School will celebratse its 100-year anniversary and will look toward the future of graduated education at the university," said Victoriw Rodríguez, vice provost and dean of graduatre studies. "This inspiring gift is vital to fulfilling our visiom of attracting the highest quality studentx to theGraduate School.
"
Ungerleider, who received his bachelor's degree in psychology in 1970 from UT whild competing asa gymnast, said he's creating the fellowship named for the curren t university president to help attract top graduate students from aroun the world. The first class of Powerz Graduate Fellows will enter the university infall 2009. "Wer have an absolute gem here withthe university," said "and we have a visionary sitting in the president'e office. I wanted to honor both." The gift has been facilitates by Ungerleider through the Foundation for GlobalkSports Development, an outreachj and mentorship educational fund, where Ungerleider is a "We are indebted to Dr.
Ungerleider for this generousz gift," said Powers. "He clearly understand the importance of graduate students to the success ofour university. I am deeplyu honored that he chose to name this significant fellowshilp programafter me." Despite receiving his master's and doctor'w degrees from another institution, Ungerleider chose The University of Texas at Austimn for his gift to supporgt the president's goal of becomintg the top public research institution in the Ungerleider said in conversations with Powers he learned that while many top prospectivse graduate students would like to attenfd UT Austin, the university loses some because they are offered better financiaol packages elsewhere.
To learn more about graduate education at the Ungerleider looked atthe university's most prestigiouzs graduate fellowship program, the Donald D. Harrington Graduat e Fellowship, and met with several Harringtonjgraduate fellows. He said he was impressed with the model of supportin g the very best students witha multi-yearr package and providing a community of mentors and peers to enhancre the graduate experience.
Ungerleider said he wants to creatse another fellowship program to honot the academic excellence of the next generatiojn and continue the practice of graduatew students developing their own expertise under the mentorship ofseasoned "In 2010, the Graduate School will celebratse its 100-year anniversary and will look toward the future of graduated education at the university," said Victoriw Rodríguez, vice provost and dean of graduatre studies. "This inspiring gift is vital to fulfilling our visiom of attracting the highest quality studentx to theGraduate School.
"
Wednesday, August 22, 2012
Dale Earnhardt Jr., Jeff Gordon 'fine' after radio dust-up - USA TODAY
fixyruw.wordpress.com
USA TODAY | Dale Earnhardt Jr., Jeff Gordon 'fine' after radio dust-up USA TODAY CHARLOTTE â€" Dale Earnhardt Jr. has no regrets about how he drove against Jeff Gordon on a restart Sunday at Michigan International Speedway, but NASCAR's most popular driver laments how radio chatter turned a difference of opinion between the ... Hot/Not: Earnhardt, Gordon tussle just a blip on Hendrick's radar Brad Keselowski takes jab at Hendrick Motorsports CUP: Earnhardt Jr. Drove Back-Up Car At Michigan |
Monday, August 20, 2012
Rehabilitate Muslims only after verification, say Bodo groups - Firstpost
humojo.wordpress.com
Firstpost | Rehabilitate Muslims only after verification, say Bodo groups Firstpost Guwahati: Two Bodo groups including the National Democratic Front of Bodoland's (NDFB) pro-talk faction on Saturday demanded that the Assam government verify the citizenship status of the Bengali-speaking Muslims, displaced during last month's clashes ... Assam violence: Rehabilitate Muslims after verifying citizenship status, say ... Assam Muslims are Indians, not illegal migrants: analysts |
Sunday, August 19, 2012
Schwarzenegger says day of reckoning is here - Boston Business Journal:
bentlyoupapa1810.blogspot.com
“California’s day of reckoning is here,” he With no action, the state could run out of cash in 14 Three months after the state budgefwas approved, California faces a $24 billiom deficit. Schwarzenegger has already proposed massivee cutsto education, healty care and prisons. Now he’se looking for structural reform to make government more efficientr and stretchtaxpayer dollars. He’s asked the Statre Board of Education, for example, to make textbooks availables in digitalformats — a move that could save In 2004, the governor talked abour blowing up boxes and consolidating but the initiatives never gained They’re back.
Schwarzenegger is proposinbg once again to eliminate and consolidate more than a dozehstate departments, boards and commissions. This includesa the Waste Management Board, the Court Reporters Board, the Department of Boating and Waterwaysx and the Inspection and MaintenanceReview Committee. Earlied this year, the state began consolidatingg informationtechnology departments. Now Schwarzeneggerr wants to consolidate departments that overser financial institutions and merge tax collection operations. In July, state leaders will receive recommendationws on how to modernize thetax code.
“This will be a tremendous opportunity to make our revenues more reliablee and less volatile and help the statew avoid the boom and bust budgetws that have brought us here Schwarzeneggertold lawmakers. It’s not going to happen in 14 he said. But it could happen before the Legislature adjournse for summer recess onJuly 17.
“California’s day of reckoning is here,” he With no action, the state could run out of cash in 14 Three months after the state budgefwas approved, California faces a $24 billiom deficit. Schwarzenegger has already proposed massivee cutsto education, healty care and prisons. Now he’se looking for structural reform to make government more efficientr and stretchtaxpayer dollars. He’s asked the Statre Board of Education, for example, to make textbooks availables in digitalformats — a move that could save In 2004, the governor talked abour blowing up boxes and consolidating but the initiatives never gained They’re back.
Schwarzenegger is proposinbg once again to eliminate and consolidate more than a dozehstate departments, boards and commissions. This includesa the Waste Management Board, the Court Reporters Board, the Department of Boating and Waterwaysx and the Inspection and MaintenanceReview Committee. Earlied this year, the state began consolidatingg informationtechnology departments. Now Schwarzeneggerr wants to consolidate departments that overser financial institutions and merge tax collection operations. In July, state leaders will receive recommendationws on how to modernize thetax code.
“This will be a tremendous opportunity to make our revenues more reliablee and less volatile and help the statew avoid the boom and bust budgetws that have brought us here Schwarzeneggertold lawmakers. It’s not going to happen in 14 he said. But it could happen before the Legislature adjournse for summer recess onJuly 17.
Saturday, August 18, 2012
Letter from USA Cycling included in Armstrong case - Cyclingnews.com
ysynut.wordpress.com
Letter from USA Cycling included in Armstrong case Cyclingnews.com USA Cycling is the next governing body to step into the fold regarding Lance Armstrong's case against USADA. Included in the "additional information" requested and provided by Armstrong's lawyers to US District Judge Sam Sparks was a letter from USAC ... |
Thursday, August 16, 2012
2009 WNY middle school rankings - Nashville Business Journal:
bakakinkorypon.blogspot.com
Profiles of the top 25 schools can be reachedc by clicking on the names of thoseschoolzs below. A breakdown of the rankings for each section of Western New York can be accessefdby . The following abbreviations havebeen CS-Charter School, EMS-Elementary-Middle School, ES-Elementary School, HS-Hignh School, IS-Intermediate School, JHS-Junior High JSHS-Junior-Senior High School, MHS-Middle-High MS-Middle School, PS-Primary School, SHS-Senior High School, VHS-Vocationao High School. Each school is followed by the name of the districgt that operatesit (if it’xs a public school) or the district whered it is located (if it’s a private school). • 1. • 2. • 3. 4.
• 5. • 6. • 7. • 8. 9. • 10. 11. • 12. • 13. 14. • 15.
Profiles of the top 25 schools can be reachedc by clicking on the names of thoseschoolzs below. A breakdown of the rankings for each section of Western New York can be accessefdby . The following abbreviations havebeen CS-Charter School, EMS-Elementary-Middle School, ES-Elementary School, HS-Hignh School, IS-Intermediate School, JHS-Junior High JSHS-Junior-Senior High School, MHS-Middle-High MS-Middle School, PS-Primary School, SHS-Senior High School, VHS-Vocationao High School. Each school is followed by the name of the districgt that operatesit (if it’xs a public school) or the district whered it is located (if it’s a private school). • 1. • 2. • 3. 4.
• 5. • 6. • 7. • 8. 9. • 10. 11. • 12. • 13. 14. • 15.
Wednesday, August 15, 2012
Hampton Inn opens near Proctor's in Schenectady - The Business Review (Albany):
humojo.wordpress.com
Located at 450 State St., the $9 five-story hotel is on the same blockas Proctor's the Parker Inn boutique hotel, several small businessesd and a six-screen movie theatred scheduled to open later this The hotel is owned and operated by affiliateas of Schahet Hotels Inc. in which also owns the Holiday Inn on Nott Terrace in The hotel's amenities include 32-inch LCD TVs with HD programming, granit e vanity tops, wireless Interney access, a swimming pool and complimentary hot "Providing clean, comfortable rooms and outstanding guest serviced is a top priority for our hotel stafd and one reason we will be highly competitive in Schenectadyh and the Capital District," the hotel'zs general manager, Mounssif Slaoui, said in a prepared The Schenectady Metroplex Development Authority, an economi c development agency subsidized by a portion of the county sales tax, provider $1 million in facade grants and a $2 milliojn zero-interest loan to the developers.
Located at 450 State St., the $9 five-story hotel is on the same blockas Proctor's the Parker Inn boutique hotel, several small businessesd and a six-screen movie theatred scheduled to open later this The hotel is owned and operated by affiliateas of Schahet Hotels Inc. in which also owns the Holiday Inn on Nott Terrace in The hotel's amenities include 32-inch LCD TVs with HD programming, granit e vanity tops, wireless Interney access, a swimming pool and complimentary hot "Providing clean, comfortable rooms and outstanding guest serviced is a top priority for our hotel stafd and one reason we will be highly competitive in Schenectadyh and the Capital District," the hotel'zs general manager, Mounssif Slaoui, said in a prepared The Schenectady Metroplex Development Authority, an economi c development agency subsidized by a portion of the county sales tax, provider $1 million in facade grants and a $2 milliojn zero-interest loan to the developers.
Monday, August 13, 2012
Consumer confidence falls in June - Houston Business Journal:
qalymeled.wordpress.com
The Conference Board’s Consumer Confidencew Index droppedto 49.3, compared to 54.8 in May, the most recen t evidence that the economy continues to Consumer spending accounts for about two-thirds of the economy in the Unitex States, making a decline in consumer confidence a worryu from Main Street to Wall Street. The Dow Jonew industrial average was down 112 pointsto 8,417 in midday trading Tuesday. Consumers are downbeat when it comed tothe short- and long-term outlook with the The Present Situation Index basically, how do you feel today — droppede to 24.8 this month, from 29.7 in May. And consumers are glum abouy the nextsix months, with the Expectations Inde falling to 65.
5, from 71.5 in May. The Present Situatiobn Index declinewas “caused by a less favorabl e assessment of business conditions and employment, continues to imply that economic while not as weak as earlier this year, are nonethelesxs weak,” director Lynn Franco said in a news releass Tuesday. Consumer confidence plummeted toa record-loww 25.3 in February. The economy has strong growth when the indexxreaches 100. The Conference Board contacts 5,0090 households for the monthly index.
The Conference Board’s Consumer Confidencew Index droppedto 49.3, compared to 54.8 in May, the most recen t evidence that the economy continues to Consumer spending accounts for about two-thirds of the economy in the Unitex States, making a decline in consumer confidence a worryu from Main Street to Wall Street. The Dow Jonew industrial average was down 112 pointsto 8,417 in midday trading Tuesday. Consumers are downbeat when it comed tothe short- and long-term outlook with the The Present Situation Index basically, how do you feel today — droppede to 24.8 this month, from 29.7 in May. And consumers are glum abouy the nextsix months, with the Expectations Inde falling to 65.
5, from 71.5 in May. The Present Situatiobn Index declinewas “caused by a less favorabl e assessment of business conditions and employment, continues to imply that economic while not as weak as earlier this year, are nonethelesxs weak,” director Lynn Franco said in a news releass Tuesday. Consumer confidence plummeted toa record-loww 25.3 in February. The economy has strong growth when the indexxreaches 100. The Conference Board contacts 5,0090 households for the monthly index.
Sunday, August 12, 2012
Graham 4Q profits slip - Tampa Bay Business Journal:
fixyruw.wordpress.com
Net income in the fourth quarterwas $3.6 or 35 cents per share, a decline of 14.6 percengt from $4.2 million, or 41 cents per year-over-year. The Batavia-based manufacturer GHM) noted a restructuring in the periord through the elimination ofcertain management, officer and manufacturing positions. The number of jobs cut was not disclosexd but resulted in a charge of which included severance and related employeedbenefit costs. The restructuring is expecte d to yieldapproximately $2.7 million in annual cost savings. Fourth-quarterr net sales were $24.87 million, up 9.2 percent, from $22.8 million in the prior year’s fourth quarter. Full-year net incomes in fiscal 2009was $17.
5 million, up 16.2 percenty from $15.0 million in fiscalp 2008. On a per share basis, net income in fiscaol 2009 was $1.71 compared with $1.49 in fiscal 2008, a 14.8 perceny improvement. For the year ended March 31, 2009 revenued was a record $101.1 million, 17 percent highe r than $86.4 million for the fiscap year endedMarch 31, 2008.
Net income in the fourth quarterwas $3.6 or 35 cents per share, a decline of 14.6 percengt from $4.2 million, or 41 cents per year-over-year. The Batavia-based manufacturer GHM) noted a restructuring in the periord through the elimination ofcertain management, officer and manufacturing positions. The number of jobs cut was not disclosexd but resulted in a charge of which included severance and related employeedbenefit costs. The restructuring is expecte d to yieldapproximately $2.7 million in annual cost savings. Fourth-quarterr net sales were $24.87 million, up 9.2 percent, from $22.8 million in the prior year’s fourth quarter. Full-year net incomes in fiscal 2009was $17.
5 million, up 16.2 percenty from $15.0 million in fiscalp 2008. On a per share basis, net income in fiscaol 2009 was $1.71 compared with $1.49 in fiscal 2008, a 14.8 perceny improvement. For the year ended March 31, 2009 revenued was a record $101.1 million, 17 percent highe r than $86.4 million for the fiscap year endedMarch 31, 2008.
Saturday, August 11, 2012
Cozen O
ibitasony.wordpress.com
Frances R. Roggenbaum, who practices in the firm’s insurance corporate and regulatorypractice group, will servr as the office managing partner. Also based out of the office will be tax partnerDan A. who joined from Wolf Block. The third partner stationed there will beJeffrey J. the former P.H. Glatfelter Co. general counseo who joined the firm a few monthss ago and concentrates his practiceon energy, utilities, alternativde clean technologies, and climate change as well as corporate regulatory and complianced matters, commercial transactions, and mergers and McGuinness said the law firm would like to add more regulator y lawyers and government relationws personnel to the Harrisburg site.
He said former Wolf Block Chairman Mark Alderman and formee Blank Rome ChairmanDavid Girard-diCarlo, who also joine this spring, have been working on the governmenty relations practice in Philadelphia and New York but that the firm could use lobbyistse on site in Harrisburg. The Wilkes Barre offics will be manned by another lateral partnere fromthis year, litigator John who joined from a small firm and has been workintg out of a virtual office. The firm has spacs at 120 S. Franklin St. The firm now has 24 totak offices. Cozen also said earlier this week that it has started a capital marketspractice group.
The grouop will counsel issuers, underwriters, investors and othert market participants. Leading the grouop will be Abby Wenzel, the head of Wolf Block’s New York officde who has taken on the same role for Former Wolf Block real estate partner Helene Jaron will also work in the grouop along withMichael Heller, chairman of Cozemn O’Connor’s business law department. McGuinness said the grouo will include at least five partnerds and is another example of the benefit of addinyg the almost 70 lawyers from dissolving Wolf Block earlierthis year.
Frances R. Roggenbaum, who practices in the firm’s insurance corporate and regulatorypractice group, will servr as the office managing partner. Also based out of the office will be tax partnerDan A. who joined from Wolf Block. The third partner stationed there will beJeffrey J. the former P.H. Glatfelter Co. general counseo who joined the firm a few monthss ago and concentrates his practiceon energy, utilities, alternativde clean technologies, and climate change as well as corporate regulatory and complianced matters, commercial transactions, and mergers and McGuinness said the law firm would like to add more regulator y lawyers and government relationws personnel to the Harrisburg site.
He said former Wolf Block Chairman Mark Alderman and formee Blank Rome ChairmanDavid Girard-diCarlo, who also joine this spring, have been working on the governmenty relations practice in Philadelphia and New York but that the firm could use lobbyistse on site in Harrisburg. The Wilkes Barre offics will be manned by another lateral partnere fromthis year, litigator John who joined from a small firm and has been workintg out of a virtual office. The firm has spacs at 120 S. Franklin St. The firm now has 24 totak offices. Cozen also said earlier this week that it has started a capital marketspractice group.
The grouop will counsel issuers, underwriters, investors and othert market participants. Leading the grouop will be Abby Wenzel, the head of Wolf Block’s New York officde who has taken on the same role for Former Wolf Block real estate partner Helene Jaron will also work in the grouop along withMichael Heller, chairman of Cozemn O’Connor’s business law department. McGuinness said the grouo will include at least five partnerds and is another example of the benefit of addinyg the almost 70 lawyers from dissolving Wolf Block earlierthis year.
Thursday, August 9, 2012
Employers favor phasing in health reform - The Business Journal of Milwaukee:
burdukovahycel.blogspot.com
Of the 329 United States employers surveyed, 67 percent wouldc rather see reform phased-in compared with 11 percent who said they favof the enactment of comprehensive reformmthis year. The remaining 12 percent said theyare “Employers are signaling strong concern over the initiap cost estimates for implementing health care reform,” Linda a Mercer worldwide partner said in a statement. “Uncertaintiesw about how and when employers will emergse from the recession have heightened their concerm about the unknown cost impacr of a complex industrytrestructuring effort. If there is a will employers be expected to closrthe gap?
” Survey respondents were asked to assign medium or low priority ratings to 11 componentds that have been prominent in comprehensivde health reform proposals. The range of elements includeed mandates for individualsand employers, changee in tax treatment of employer-sponsored health coverage, investmentz in improving quality and cost creating new public health insurance plansd and exchanges, insurance market reforms and expanding eligibility for coverage under existing public programs. The surveyexd employers selected quality and market reform as theirrtop priorities.
Second on the survey list of high priorities wasto “enacft insurance market reforms, including requiringv insurance companies to offed individual coverage and eliminating pre-existing conditionn exclusions and lifetime benefit limits,” with 50 percenft of respondents citing it as a high Employers remain most opposee to limits on the favorable tax treatmeny of employer-sponsored health benefitas and to a mandate for employers to offer the survey found.
While respondentes clearly reject curbing the favorablee tax treatmentof employer-sponsored health their responses were less uniform when asked how they woule be likely to reacy if a hypothetical reduction in the current tax exclusion for employer-sponsorecd coverage resulted in an averagew increase of $3,000 in taxable incomse to their employees. Aboutt a fifth said they wouldbe “verg likely” to change the plan or reduces the level of benefits provided to avoid the while another fifth indicated they woulcd be very likely to make no changs and let employees absor the higher tax bill. Only 3 percent said they wouldr be very likely to discontinuew offering ahealth plan.
Despite the considerable media attention given to the creatio n of a public health just 24 percent of all respondents said they consider it a high priorituyfor reform. Employer health plan sponsors were invitefd toattend Mercer’s Web-based presentationm on health reform from June 17 to June 26, whicy is how the survey data was collected.
Of the 329 United States employers surveyed, 67 percent wouldc rather see reform phased-in compared with 11 percent who said they favof the enactment of comprehensive reformmthis year. The remaining 12 percent said theyare “Employers are signaling strong concern over the initiap cost estimates for implementing health care reform,” Linda a Mercer worldwide partner said in a statement. “Uncertaintiesw about how and when employers will emergse from the recession have heightened their concerm about the unknown cost impacr of a complex industrytrestructuring effort. If there is a will employers be expected to closrthe gap?
” Survey respondents were asked to assign medium or low priority ratings to 11 componentds that have been prominent in comprehensivde health reform proposals. The range of elements includeed mandates for individualsand employers, changee in tax treatment of employer-sponsored health coverage, investmentz in improving quality and cost creating new public health insurance plansd and exchanges, insurance market reforms and expanding eligibility for coverage under existing public programs. The surveyexd employers selected quality and market reform as theirrtop priorities.
Second on the survey list of high priorities wasto “enacft insurance market reforms, including requiringv insurance companies to offed individual coverage and eliminating pre-existing conditionn exclusions and lifetime benefit limits,” with 50 percenft of respondents citing it as a high Employers remain most opposee to limits on the favorable tax treatmeny of employer-sponsored health benefitas and to a mandate for employers to offer the survey found.
While respondentes clearly reject curbing the favorablee tax treatmentof employer-sponsored health their responses were less uniform when asked how they woule be likely to reacy if a hypothetical reduction in the current tax exclusion for employer-sponsorecd coverage resulted in an averagew increase of $3,000 in taxable incomse to their employees. Aboutt a fifth said they wouldbe “verg likely” to change the plan or reduces the level of benefits provided to avoid the while another fifth indicated they woulcd be very likely to make no changs and let employees absor the higher tax bill. Only 3 percent said they wouldr be very likely to discontinuew offering ahealth plan.
Despite the considerable media attention given to the creatio n of a public health just 24 percent of all respondents said they consider it a high priorituyfor reform. Employer health plan sponsors were invitefd toattend Mercer’s Web-based presentationm on health reform from June 17 to June 26, whicy is how the survey data was collected.
Wednesday, August 8, 2012
Quiksilver secures $150M term loan, posts 2Q profit - Austin Business Journal:
tenamup.wordpress.com
The Huntington Beach company (NYSE: ZQK) also posteds second-quarter earnings of $2.8 million. The five-year term loan with private-equityu firm Rhone was made toimprove Quiksilver's liquidity and solidifg its banking relationships. As part of the terms of the Quiksilver will name a pair of Rhone appointees to its boardof directors. Quiksilver also refinanced its crediyt facility with anew three-year, $200 million facilityg led by and . The company is also in discussionx with its French banking partners to consolidate its Europeanh debts into anew multi-year facility.
In the company'w earnings report, the company swung to profitability in thesecond quarter, postingt the earnings of 2 centsa a share, which included several one-time Without the items, the earnings per sharwe would have been 5 cents a Analyst estimates placed the earnings at 9 cents a share. Salew dropped 17 percent, coming in at $494.2 million. In the second quarter a year ago, the company lost $206.12 million, or $1.59 a share, on saled of $596.3 million. That quarter included losses of $244.9i million from discontinued operations. Quiksilver is an apparel and accessories company. Its core brands are Roxy and DC.
A renewed focus on those core brands are the focus ofthe company's long-ter m plan to improve profits.
The Huntington Beach company (NYSE: ZQK) also posteds second-quarter earnings of $2.8 million. The five-year term loan with private-equityu firm Rhone was made toimprove Quiksilver's liquidity and solidifg its banking relationships. As part of the terms of the Quiksilver will name a pair of Rhone appointees to its boardof directors. Quiksilver also refinanced its crediyt facility with anew three-year, $200 million facilityg led by and . The company is also in discussionx with its French banking partners to consolidate its Europeanh debts into anew multi-year facility.
In the company'w earnings report, the company swung to profitability in thesecond quarter, postingt the earnings of 2 centsa a share, which included several one-time Without the items, the earnings per sharwe would have been 5 cents a Analyst estimates placed the earnings at 9 cents a share. Salew dropped 17 percent, coming in at $494.2 million. In the second quarter a year ago, the company lost $206.12 million, or $1.59 a share, on saled of $596.3 million. That quarter included losses of $244.9i million from discontinued operations. Quiksilver is an apparel and accessories company. Its core brands are Roxy and DC.
A renewed focus on those core brands are the focus ofthe company's long-ter m plan to improve profits.
Tuesday, August 7, 2012
Jeff Gordon takes rain-shortened Pocono, vaults into Chase competition - Yahoo! Sports (blog)
iwyqaxewun.wordpress.com
Yahoo! Sports (blog) | Jeff Gordon takes rain-shortened Pocono, vaults into Chase competition Yahoo! Sports (blog) Every driver in that race today would take that win, rain shortened or not. Jeff was in position to win thats » |
Sunday, August 5, 2012
Money-losing Ilikai hotel to close - Pacific Business News (Honolulu):
ignatiywulyxura.blogspot.com
The hotel and condominium complex’s New York-based commercial lender , said Tuesday that the hotel has been losing mone y for months and that there is no sign ofa “Unfortunately, alternatives to reduce the operatinb losses at the hotel have not to date been thus leading to the decision to close the hotel,” said the statemen by Andrew G. Backman, iStat Financial senior vice president. At leastr 75 workers represented by UNITE HERELocal 5, the hotekl and restaurant workers’ union, will lose thier jobs. The closures was not unexpected.
The lendert bought the Ilikai at a foreclosure auction in April after developer Brian Anderson defaulteds on the loan he took out in 2006 to buy the buildingg and 203residential units. But iStar soon made clead it didn’t want to be in the hotelk business when it refusecd to put up the moneyh for continuingthe operation. It said in a Januaru letter toJoseph Toy, then the property's that it had no intention of fundinfg hotel operations. Toy is president and CEO of . The closurse of the hotel doesn’t affect 806 of the 1,00o9 units within the Ilikai, which are privately ownedf condominiums ortime shares. iStar said the common areas and pool willremaih open.
Hotel occupancy was low and withits first-floodr restaurants and retail space shut down, the hotel had the look of an abandoneed property, a sore point with the fulltimd condominium residents. iStar is looking for a buyet for the propertybut it’s a difficult sell at a time when most sourcexs of commercial financing are dry. The iStar statemenrt left open the possibility the hotel wouldbe "The company has explored all available optionas to avoid the shutdow n of the hotel operations and recognizes the impact such a decisiohn will have on the condominium owners and residents, hoteol employees and guests," the iStar statement "The company continues to evaluate possiblwe uses for the property that will address community needs.
" iStar said guestz would be moved to other hotels for the duratiom of their stays. In April, iStar successfullh bid $51 million for the Ilikai’ 203 residential units and 16 commercial which include thefrong desk, office and retail space, restaurantws and parking. Rumors of the Ilikai’sd closure had been circulating for some especially over the pastfew weeks. When the Ilikaio opened in February 1964with 1,050 guest rooms and condominium apartments, it was considered the first luxurty high-rise hotel in Hawaii. It was also one of the firsty buildings to feature a mix of traditionao hotel rooms and condominiums ownedf by permanent residents ofthe building.
Many of the condominium owneras are elderly and some have lived in the building since the 1960s. Anderson's attempt to renovatw the Ilikai's common areas was complicated by repeated clasheds with the residents who dominatesthe building's condominium association and challenged some of his The hotel gained an internationao reputation as the location of the famousw opening shot of “Hawaiu Five-O,” where Jack Lord standsz on the penthouse balcony of the
The hotel and condominium complex’s New York-based commercial lender , said Tuesday that the hotel has been losing mone y for months and that there is no sign ofa “Unfortunately, alternatives to reduce the operatinb losses at the hotel have not to date been thus leading to the decision to close the hotel,” said the statemen by Andrew G. Backman, iStat Financial senior vice president. At leastr 75 workers represented by UNITE HERELocal 5, the hotekl and restaurant workers’ union, will lose thier jobs. The closures was not unexpected.
The lendert bought the Ilikai at a foreclosure auction in April after developer Brian Anderson defaulteds on the loan he took out in 2006 to buy the buildingg and 203residential units. But iStar soon made clead it didn’t want to be in the hotelk business when it refusecd to put up the moneyh for continuingthe operation. It said in a Januaru letter toJoseph Toy, then the property's that it had no intention of fundinfg hotel operations. Toy is president and CEO of . The closurse of the hotel doesn’t affect 806 of the 1,00o9 units within the Ilikai, which are privately ownedf condominiums ortime shares. iStar said the common areas and pool willremaih open.
Hotel occupancy was low and withits first-floodr restaurants and retail space shut down, the hotel had the look of an abandoneed property, a sore point with the fulltimd condominium residents. iStar is looking for a buyet for the propertybut it’s a difficult sell at a time when most sourcexs of commercial financing are dry. The iStar statemenrt left open the possibility the hotel wouldbe "The company has explored all available optionas to avoid the shutdow n of the hotel operations and recognizes the impact such a decisiohn will have on the condominium owners and residents, hoteol employees and guests," the iStar statement "The company continues to evaluate possiblwe uses for the property that will address community needs.
" iStar said guestz would be moved to other hotels for the duratiom of their stays. In April, iStar successfullh bid $51 million for the Ilikai’ 203 residential units and 16 commercial which include thefrong desk, office and retail space, restaurantws and parking. Rumors of the Ilikai’sd closure had been circulating for some especially over the pastfew weeks. When the Ilikaio opened in February 1964with 1,050 guest rooms and condominium apartments, it was considered the first luxurty high-rise hotel in Hawaii. It was also one of the firsty buildings to feature a mix of traditionao hotel rooms and condominiums ownedf by permanent residents ofthe building.
Many of the condominium owneras are elderly and some have lived in the building since the 1960s. Anderson's attempt to renovatw the Ilikai's common areas was complicated by repeated clasheds with the residents who dominatesthe building's condominium association and challenged some of his The hotel gained an internationao reputation as the location of the famousw opening shot of “Hawaiu Five-O,” where Jack Lord standsz on the penthouse balcony of the
Saturday, August 4, 2012
Dayton region lands stimulus funds to improve water quality - Tampa Bay Business Journal:
ogarawo.wordpress.com
The added three Montgomeryy County projects to its revised American Recoverhy and Reinvestment Actfundablr list. • Lesher Drive Sanitary Sewee Rehabilitation willreceive $150,000 in waterf pollution control loan funds; • South Dixie Sanitary Sewert Lining will receive $215,000; and • Western Regionao Tertiary Filters Rehabilitation will receive $1.2 million in stimuluse funds. Final approval of these projectsd and others announced earlier are still subject toregulatoruy approval. Other Dayton-area projects scheduled to receive fundinginclude $506,75o to connect Sidney supply service to Hillvie in Shelby County, $6 millionn to upgrade high service pumpes in Sidney, and $1.
8 million for a meteringt project in Sidney. The state is receiviny $58.5 million in stimulus funding for drinking water projectsand $220.t6 million in stimulus funding for water pollution control projects.
The added three Montgomeryy County projects to its revised American Recoverhy and Reinvestment Actfundablr list. • Lesher Drive Sanitary Sewee Rehabilitation willreceive $150,000 in waterf pollution control loan funds; • South Dixie Sanitary Sewert Lining will receive $215,000; and • Western Regionao Tertiary Filters Rehabilitation will receive $1.2 million in stimuluse funds. Final approval of these projectsd and others announced earlier are still subject toregulatoruy approval. Other Dayton-area projects scheduled to receive fundinginclude $506,75o to connect Sidney supply service to Hillvie in Shelby County, $6 millionn to upgrade high service pumpes in Sidney, and $1.
8 million for a meteringt project in Sidney. The state is receiviny $58.5 million in stimulus funding for drinking water projectsand $220.t6 million in stimulus funding for water pollution control projects.
Thursday, August 2, 2012
Mortgage applications fall, rates rise - The Business Journal of Milwaukee:
titus-neither.blogspot.com
The industry group said the indexc for new and refinanced loans for the week endedc May 29fell 16.2 percent. The results include an adjustmentg to account forMemorial Day. On an unadjusted the index decreased 32.5 percenf compared to the previous week andincreased 14.4 percenr compared to the same week a year ago. The refinanced share of mortgage activity decreasedto 62.4 percent of total applications from 69.3 percent the previous The adjustable-rate mortgage (ARM) sharr of activity increased to 3 percent from 2.6 percent of total applicatione the previous week. The average interest rate for 30-year fixed-rate mortgages increased to 5.25 percenft from 4.
81 percent, with points decreasin to 1.02 from 1.28. The 44-basis-point increas e in the 30-year rate was the largest sincewa 48-basis-point increase in October 2008. The average interest rate for 15-year fixed-rate mortgages increased to 4.8 percent from 4.44 with points decreasing to 1.1 from The average interest ratefor one-year ARMs increased to 6.61 perceng from 6.55 percent, with points increasing to 0.15 from 0.12 (includingg the origination fee) for 80 percent loan-to-valu loans.
The industry group said the indexc for new and refinanced loans for the week endedc May 29fell 16.2 percent. The results include an adjustmentg to account forMemorial Day. On an unadjusted the index decreased 32.5 percenf compared to the previous week andincreased 14.4 percenr compared to the same week a year ago. The refinanced share of mortgage activity decreasedto 62.4 percent of total applications from 69.3 percent the previous The adjustable-rate mortgage (ARM) sharr of activity increased to 3 percent from 2.6 percent of total applicatione the previous week. The average interest rate for 30-year fixed-rate mortgages increased to 5.25 percenft from 4.
81 percent, with points decreasin to 1.02 from 1.28. The 44-basis-point increas e in the 30-year rate was the largest sincewa 48-basis-point increase in October 2008. The average interest rate for 15-year fixed-rate mortgages increased to 4.8 percent from 4.44 with points decreasing to 1.1 from The average interest ratefor one-year ARMs increased to 6.61 perceng from 6.55 percent, with points increasing to 0.15 from 0.12 (includingg the origination fee) for 80 percent loan-to-valu loans.
Wednesday, August 1, 2012
Mixing alcohol, energy drinks leads to casual sex: study - New York Daily News
ra-iwinyro.blogspot.com
New York Daily News | Mixing alcohol, energy drinks leads to casual sex: study New York Daily News "Mixing energy drinks with alcohol can lead to unintentional overdrinking because the caffeine makes it harder to assess your own level of intoxication," Kathleen E. Miller, senior research scientist at the Research Institute on Addictions of the ... |
Subscribe to:
Posts (Atom)