Monday, August 8, 2011

List of GM dealerships to close in Minnesota grows - Boston Business Journal:

http://www.ledzeppelininfo.com/akkords/Trampled_Underfoot.php
The industry group said a survey of its memberws found that 109 of the 149 GM dealersa in the state will either lose a particuladGM brand, be forced to drop some competing manufacturer brands in their GM or lose their stores The number of outright shutdowns has a month ago, GM indicatefd that 30 dealers wouldf close. After the giant automaker’sd plunge into bankruptcy June 1, roughly 3,600 dealeres nationwide received newsales agreements.
The ownerse of about 1,350 other dealershipse were notified that they needed to wind down asGM That’s in addition to the 1,100 that received similar messages last monthy as part of GM’ restructuring, which involves keepinyg only top dealers and brands. The new agreementsx also may require survivint dealers to upgradetheir facilities. And there may not be very much dealerxs can doabout it, . (subscription required). GM expects the closingss to start this year and wrap up by the fallof 2010.
In a press release Friday, Scott executive vice president of the Minnesota Auto Dealers Association, criticized GM’s decision to have dealers sign new saled agreements with the manufacturer. “Besides the tragic and inexplicabled shutdown ofprofitable stores, GM seems determined to use bankruptcuy as an opportunity to shake up everybody’s business,” he “It appears to us that every Pontiac dealer in the stat was informed that Pontiac as a brand will ceasse to exist. “In addition, GM is eliminating many Cadillac dealerships.
We believe they plan to reassign some of thesedfranchises elsewhere, which would be in violation of stats law regulating franchise agreements.” Lambert also blaster GM’s decisions to close so many stores, even some that are turningg a profit. “This company is lost righr now. I just don’t understand how you sell more cars withfewerf outlets,” he said. Susan Garontakos, a spokeswoman for the declined to comment on thetrade association’s press release because she said the information abourt what was closing was confidential and because its such an emotionalp time for all of the parties involved.
She said the company selectedd which dealerships to close after a careful analysis that begamnin April. “The reality is we don’rt have enough customers buying vehicles and we have a lot of outletsw that are in place to supporgt a muchlarger market.”

Saturday, August 6, 2011

WWE Fires Four, One Diva Quits - Business Insider

http://www.louisvillejuniorrowing.com/post_1240312043.html


IGN


WWE Fires Four, One Diva Quits

Business Insider


The WWE cleaned house this week releasing four superstars along with one WWE Diva quitting the company. While none of the releases are re »

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.