ovaluleq.wordpress.com
The company posted fourth-quartere net income of $161 million, or 99 centws per share, compared to $187 million, or $1.112 per share, in fourth-quarter 2007. Total revenues rose 4.2 to $1 billion from $977 million. Analysts, on average, had expectec operating income of 55 cents per compared toCincinnati Financial's 57 centsz per share for the fourth quarter, and revenuezs of $916 million. For the full Cincinnati Financial reported net incomrof $429 million, or $2.62 per share, down almost 50 percenr from $855 million, or $4.97 per in 2007. Total revenues rose to $3.8 billioj from $4.3 billion. The drop in investment incomwe – down 20.5 percenyt for the quarter and 11.
6 percent for the year contributed tolower profits. Cincinnati on Feb. 2, its stocok in (NASDAQ: FITB). The insurerr had once been thebanking company’s largesy shareholder. “As we stated on Monday, we’re working on a varietgy of initiatives, including the repositioning of ourinvestmenr portfolio, to preserve our capital strengthy and liquidity,” said Kennetbh Stecher, president and CEO, in a news release. The companyy is focusing on upgrading informatioj technology systems for its commercial andpersonal lines, as well as expandinyg its geographic footprint and adding more agents, Stecherd added. The property casualty combined ratiopwas 98.
9 percent for the quarter and 100.6 percentt for the year. Shares of Cincinnati Financiall (NASDAQ: CINF) lost 29 cents, to $21.73, in Thursday afternooj trading. Cincinnati Financial, headquartered in offers commercial, personal and life insurance products in theUnited
Wednesday, October 31, 2012
Monday, October 29, 2012
Midwest deal sends Republic stock soaring - Atlanta Business Chronicle:
sasutezew.blogspot.com
Shares of Indianapolis-based Republic (NASDAQ: were already floating Tuesday after the announcementt Monday that it would acquire bankrupr of Denver forabout $108.8 million under an investment Republic's stock price, which closed at $4.09 hovered above $4.50 for much of the day beforse the 2:30 p.m. central time announcemeng that it was acquiring Midwestfrom . The stock pricde shot up to reach $6.12q before closing at $6 even, 46.3 percentt higher. Republic's agreement with Frontier still requirex the approval of thebankruptcy court.
As for the Midwestg transaction, the airlines hope to close the deal in four to six Republic is to acquire 100 percengt of the equity of Midwestand TPG's $31 millio n secured note from Midwest. Consideration will be $6 millionm in cash and a $25 million, five-year which may be converted to Republic stocklat $10 per share. In TPG will have the right to nominatr a member to the Republiv boardof directors.
Shares of Indianapolis-based Republic (NASDAQ: were already floating Tuesday after the announcementt Monday that it would acquire bankrupr of Denver forabout $108.8 million under an investment Republic's stock price, which closed at $4.09 hovered above $4.50 for much of the day beforse the 2:30 p.m. central time announcemeng that it was acquiring Midwestfrom . The stock pricde shot up to reach $6.12q before closing at $6 even, 46.3 percentt higher. Republic's agreement with Frontier still requirex the approval of thebankruptcy court.
As for the Midwestg transaction, the airlines hope to close the deal in four to six Republic is to acquire 100 percengt of the equity of Midwestand TPG's $31 millio n secured note from Midwest. Consideration will be $6 millionm in cash and a $25 million, five-year which may be converted to Republic stocklat $10 per share. In TPG will have the right to nominatr a member to the Republiv boardof directors.
Sunday, October 28, 2012
Hill residents hear Hine proposals - Los Angeles Business from bizjournals:
jiqatili.wordpress.com
The 131,300-square-foot school, between Seventh and Eightjh Streets Southeast, is one of 11 Mayor Adrian Fenty is lookinh to leverage for economic Hine drew10 bidders, more than any other school, and Fenty’s economic development team twice narrowexd the field, eventually inviting four to offer communitt presentations. According to presentation materials provided by the three of the teams proposed retail andunderground parking, as well as a reopeniny of C Street SE into an active shopping area for Councilman Tommy Wells, D-Ward 6, previously held two meetingsw about the property’s future, giving developers an idea of the community’sz interests.
Seven , a team of companies led by the , pitched itself as “buildinyg on the spirit of Eastern Market.” Led by Bozzuto CEO Thomazs Bozzuto, the team includews an array of developers doing other work forthe city, includinhg Elinor Bacon, the former head of the , Geoffrey Griffis, the Adamds Morgan developer who is part of the team developingt a new Southwest office building and fire station, and Scottier Irving, whose Blue Skye Development is working on a number of city projects. Other partnerxs are Scallan Propertiesand . A team led by and Bo Menkiti’s , along with partner StreetSense, said their plan best connectex Eastern Market toBarracks Row.
They proposed 235 residentiall units, 40,000 square-feet of 30,000 square-feet of open space (half of it private) and an 80-roon hotel run by Kimpton Hotel & Restaurant Group, LLC. They droppec the names of Robert Wiedmaier, newly christened restaurateur of the year accordinbg tothe , as well as Yes! Organicx Market and Busboys & Poetds as possible retailers. , which remade much of leads a team with that includeseand .
They proposed a plazs on C Street; ground floo r retail; a residential building on Eighth an office building at the corner of Seventhand Pennsylvania; an interiot courtyard; more than two acres of greebn roofs and gardens; a possible hotel; and performancew space for the , whicj is based on Eighth Street. A portion of residential units would be set aside for theShakespear Co. and for senior Finally, , led by President Benjamin Miller, formed a partnership with Floridaa consultant Jonathan Lewis and philanthropistPeter B. Lewis, chairmah of the insurance giantProgressive Corp., to propose a campusd of nonprofit organizations for Hine.
Calle d the National Leadership Campus, the plan suggest retail, restaurants and recreational space but would primarily provide affordabld office space for nonprofit organizationws that otherwise might not be able to affords space in thecity — a growintg focus for the Fentty administration. The team named a bevy of major national nonprofit or liberal advocacy groupsas sponsors, such as the and the Tidew Foundation. It has D.C. developefr Jair Lynch as a real estated adviser but no formalized buildinbplans yet.
The 131,300-square-foot school, between Seventh and Eightjh Streets Southeast, is one of 11 Mayor Adrian Fenty is lookinh to leverage for economic Hine drew10 bidders, more than any other school, and Fenty’s economic development team twice narrowexd the field, eventually inviting four to offer communitt presentations. According to presentation materials provided by the three of the teams proposed retail andunderground parking, as well as a reopeniny of C Street SE into an active shopping area for Councilman Tommy Wells, D-Ward 6, previously held two meetingsw about the property’s future, giving developers an idea of the community’sz interests.
Seven , a team of companies led by the , pitched itself as “buildinyg on the spirit of Eastern Market.” Led by Bozzuto CEO Thomazs Bozzuto, the team includews an array of developers doing other work forthe city, includinhg Elinor Bacon, the former head of the , Geoffrey Griffis, the Adamds Morgan developer who is part of the team developingt a new Southwest office building and fire station, and Scottier Irving, whose Blue Skye Development is working on a number of city projects. Other partnerxs are Scallan Propertiesand . A team led by and Bo Menkiti’s , along with partner StreetSense, said their plan best connectex Eastern Market toBarracks Row.
They proposed 235 residentiall units, 40,000 square-feet of 30,000 square-feet of open space (half of it private) and an 80-roon hotel run by Kimpton Hotel & Restaurant Group, LLC. They droppec the names of Robert Wiedmaier, newly christened restaurateur of the year accordinbg tothe , as well as Yes! Organicx Market and Busboys & Poetds as possible retailers. , which remade much of leads a team with that includeseand .
They proposed a plazs on C Street; ground floo r retail; a residential building on Eighth an office building at the corner of Seventhand Pennsylvania; an interiot courtyard; more than two acres of greebn roofs and gardens; a possible hotel; and performancew space for the , whicj is based on Eighth Street. A portion of residential units would be set aside for theShakespear Co. and for senior Finally, , led by President Benjamin Miller, formed a partnership with Floridaa consultant Jonathan Lewis and philanthropistPeter B. Lewis, chairmah of the insurance giantProgressive Corp., to propose a campusd of nonprofit organizations for Hine.
Calle d the National Leadership Campus, the plan suggest retail, restaurants and recreational space but would primarily provide affordabld office space for nonprofit organizationws that otherwise might not be able to affords space in thecity — a growintg focus for the Fentty administration. The team named a bevy of major national nonprofit or liberal advocacy groupsas sponsors, such as the and the Tidew Foundation. It has D.C. developefr Jair Lynch as a real estated adviser but no formalized buildinbplans yet.
Saturday, October 27, 2012
Winter Park apartments sell for $4M - Denver Business Journal:
vuwodu.wordpress.com
ONIC Golden Oaks LLC acquired the Golden Oaks apartmentws from Golden Oaks Affordable Partners Ltd. and Golden Oaks of Florida LP May 18, accordintg to Orange County records. Real Estate Investmenyt Services Orlando agents Patrick Skinner andKevijn Yaryan, along with Washington agents Armand Tiberio, Robery Sheppard and Spencer Hurst, represented he while Tiberio, Sheppard and Hurst also represented ONIC Goldenj Oaks. Orlando Neighborhood secured a $3.7 million first mortgage througbh Seattle-based , a delegated underwritingh andservicing lender, according to a news release.
It also receivex $1 million in federal housing funds from the Orang e County Housing and Community Development Division plus additionak moneyfrom NeighborWorks/E-America, a network of nonprofigt organizations promoting homeownership and neighborhood the release said. Orlando Neighborhood expects tospend $1 milliomn improving Golden Oaks, which was built in the release said. Lane Management LLC, the propertt management arm of Atlanta-based Lane Co., will handls leasing and property management. The Orlando Neighborhoo Improvement Corp. is a nonprofit developer and owner of affordablweand mixed-income housing properties in Central Florida.
The organizationn has developedor co-developed 2,592 housing unite and has 1,215 in its
ONIC Golden Oaks LLC acquired the Golden Oaks apartmentws from Golden Oaks Affordable Partners Ltd. and Golden Oaks of Florida LP May 18, accordintg to Orange County records. Real Estate Investmenyt Services Orlando agents Patrick Skinner andKevijn Yaryan, along with Washington agents Armand Tiberio, Robery Sheppard and Spencer Hurst, represented he while Tiberio, Sheppard and Hurst also represented ONIC Goldenj Oaks. Orlando Neighborhood secured a $3.7 million first mortgage througbh Seattle-based , a delegated underwritingh andservicing lender, according to a news release.
It also receivex $1 million in federal housing funds from the Orang e County Housing and Community Development Division plus additionak moneyfrom NeighborWorks/E-America, a network of nonprofigt organizations promoting homeownership and neighborhood the release said. Orlando Neighborhood expects tospend $1 milliomn improving Golden Oaks, which was built in the release said. Lane Management LLC, the propertt management arm of Atlanta-based Lane Co., will handls leasing and property management. The Orlando Neighborhoo Improvement Corp. is a nonprofit developer and owner of affordablweand mixed-income housing properties in Central Florida.
The organizationn has developedor co-developed 2,592 housing unite and has 1,215 in its
Thursday, October 25, 2012
Surface RT: Impressive Engineering, with Caveats - Sci-Tech Today
hundleyobajoji1908.blogspot.com
Sci-Tech Today | Surface RT: Impressive Engineering, with Caveats Sci-Tech Today The impressive, slim and light Surface is is a potential big deal on several levels for Microsoft. In building its own personal computer for the first time, Microsoft is not only competing against Apple's popular iPad with Surface but against the very ... |
Wednesday, October 24, 2012
Foreclosure caseloads are businesses
ysynut.wordpress.com
As of October 2008, all typex of civil cases — excluding real property/mortgage foreclosurew — had an average delay of 5.5 according to the Office of the State Courts A recent study for The Florida Bar estimatezs that on an annual basis the additional lega costs associated with these delaysexceed $184 determined that the civil case backlogs and delayexd resolutions translate into more than $17.4 billiob in economic output lost by including about $10 billion in knowledge-based services such as educatiomn and professional services. Economic output representds the sum of gross revenue of private firms plus the value of government servicea valuedat cost.
“What we are saying is you’rer losing this amount — $17 billion each year in Florida,” said Charles Yaros, associate consultanty for economicsat WEG, whicu is based in Boca “It’s a snapshot at the presen t time, and the loss is driven by the surger in foreclosure cases.” The Bar commissioned the study to provided a statistical backdrop for the campaign to stabilize funding for state courts to deal with increasing civil caseloads and stem the current and potentia business and other losses. Knowledge-based industries show the greatesyt economicoutput loss, $9.8 billion, related to civil case followed by construction with a loss of $4.
3 billio and then retail at $872 million, the stud shows. “This is Florida’s economy when you come right downto it,” Yarosw said, noting the magnitude of economix losses related to court foreclosures and budget cuts was the most significant finding of the WEG noted that some issues cannot be quantified such as adversde impacts on the state’s business climate, additionalo costs for businesses seeking speedy resolution of problems withouy going to court and lost opportunitie s as businesses deal with the uncertainty of unresolvedc cases.
In Hillsborough County, the 13th Judicial Circuit has had to sometimesx put civil jury trialson “the back burner” becausre of staff losses due to budger cuts and the burden of the overwhelminbg number of mortgage said Mike Bridenback, trial court administratotr for the circuit. “Everything in civil divisions has been impactedeby foreclosures,” Bridenback said. “It’s overwhelmed our Clearly, delay is occurring, but it’s hard to put a number on Each of the 11 circuirt civil divisions has an averageof 3,50o pending foreclosure cases compared to 1,8000 per division a year ago, Bridenback Budget cuts forced the circuit to cut 25 and another five are vacant.
No judgeship has been addedr since 2006, and the certified in February that the circui t is deficient by seven Bridenback said. “We are trying to be but [dockets] are backing up a little,” he “Business litigation continues to bea priority. For the most we’re treading water or may be drowning alittld bit.” The circuit’s complex business litigation division remainzs closed due to a cap on the numbefr of cases it can handle, which means complez cases are heard in regular civilo divisions and eat up a lot of time.
“ have not noticed an appreciable change in my abilitgy to get hearing or triaoltimes — yet,” said Christopher Griffin, senior counseo at LLP in Tampa. “j think we’re at the beginning of a substantiaol potential for problems because of foreclosures and the fundint ofthe courts.” Rick Zabak, a shareholder in ’s Tampsa office and a fixture in civil courts, has not yet been hamperes by delays but has noticexd a backup. “The dockets are generallg congested,” Zabak said. “Sometimes you get luckyy if a hearing is cancelled or you have a short With everythinggoing on, it’as like pushing a rock up a hill.
”
As of October 2008, all typex of civil cases — excluding real property/mortgage foreclosurew — had an average delay of 5.5 according to the Office of the State Courts A recent study for The Florida Bar estimatezs that on an annual basis the additional lega costs associated with these delaysexceed $184 determined that the civil case backlogs and delayexd resolutions translate into more than $17.4 billiob in economic output lost by including about $10 billion in knowledge-based services such as educatiomn and professional services. Economic output representds the sum of gross revenue of private firms plus the value of government servicea valuedat cost.
“What we are saying is you’rer losing this amount — $17 billion each year in Florida,” said Charles Yaros, associate consultanty for economicsat WEG, whicu is based in Boca “It’s a snapshot at the presen t time, and the loss is driven by the surger in foreclosure cases.” The Bar commissioned the study to provided a statistical backdrop for the campaign to stabilize funding for state courts to deal with increasing civil caseloads and stem the current and potentia business and other losses. Knowledge-based industries show the greatesyt economicoutput loss, $9.8 billion, related to civil case followed by construction with a loss of $4.
3 billio and then retail at $872 million, the stud shows. “This is Florida’s economy when you come right downto it,” Yarosw said, noting the magnitude of economix losses related to court foreclosures and budget cuts was the most significant finding of the WEG noted that some issues cannot be quantified such as adversde impacts on the state’s business climate, additionalo costs for businesses seeking speedy resolution of problems withouy going to court and lost opportunitie s as businesses deal with the uncertainty of unresolvedc cases.
In Hillsborough County, the 13th Judicial Circuit has had to sometimesx put civil jury trialson “the back burner” becausre of staff losses due to budger cuts and the burden of the overwhelminbg number of mortgage said Mike Bridenback, trial court administratotr for the circuit. “Everything in civil divisions has been impactedeby foreclosures,” Bridenback said. “It’s overwhelmed our Clearly, delay is occurring, but it’s hard to put a number on Each of the 11 circuirt civil divisions has an averageof 3,50o pending foreclosure cases compared to 1,8000 per division a year ago, Bridenback Budget cuts forced the circuit to cut 25 and another five are vacant.
No judgeship has been addedr since 2006, and the certified in February that the circui t is deficient by seven Bridenback said. “We are trying to be but [dockets] are backing up a little,” he “Business litigation continues to bea priority. For the most we’re treading water or may be drowning alittld bit.” The circuit’s complex business litigation division remainzs closed due to a cap on the numbefr of cases it can handle, which means complez cases are heard in regular civilo divisions and eat up a lot of time.
“ have not noticed an appreciable change in my abilitgy to get hearing or triaoltimes — yet,” said Christopher Griffin, senior counseo at LLP in Tampa. “j think we’re at the beginning of a substantiaol potential for problems because of foreclosures and the fundint ofthe courts.” Rick Zabak, a shareholder in ’s Tampsa office and a fixture in civil courts, has not yet been hamperes by delays but has noticexd a backup. “The dockets are generallg congested,” Zabak said. “Sometimes you get luckyy if a hearing is cancelled or you have a short With everythinggoing on, it’as like pushing a rock up a hill.
”
Monday, October 22, 2012
Mayor Dave Bing to Detroit City Council: Work with me to help our city - Detroit Free Press
uvepexatawus.blogspot.com
MLive.com | Mayor Dave Bing to Detroit City Council: Work with me to help our city Detroit Free Press Hoping to smooth prickly relations and claims by the Detroit City Council that he is not being transparent about efforts to restore financial stability to the city, Mayor Dave Bing urged the council Monday to work with him and state officials to ... Detroit mayor seeks unity over reforms to gain bond cash Detroit mayor addressed City Council for 1st time in months on Monday Detroit mayor urges council members to act quickly with administration |
Sunday, October 21, 2012
2012 Week 7 coverage - ESPN (blog)
ycoguqi.wordpress.com
The Star-Ledger - NJ.com | 2012 Week 7 coverage ESPN (blog) EAST RUTHERFORD, N.J. -- A few thoughts on the New York Giants' breathtaking victory over the Washington Redskins on Sunday afternoon at MetLife Stadium. What it means: Robert Griffin III and the Redskins are a tough team to beat, but Eli Manning and ... Giants survive Redskins in wild 27-23 victory, stay atop NFC East Manning 77-yarder to Cruz r » |
Saturday, October 20, 2012
ESuites hotel near RDU to move forward despite bankruptcy filing - Triangle Business Journal:
lyubomiradete.blogspot.com
But the filing will not affectthe company's plansx to build the hotel, says Jerry the founder of the A limited liability corporation callee Raleigh Durham e-Suites LLC filedf March 13 for Chapter 11 bankruptc y protection in federal court. Bankruptcy documents for the LLC listtwo $1 million to $10 million in tota assets, and $10 million to $50 million in tota liabilities. As Triangle Business Journal inSeptembere 2007, ESuites plans on building an eight-story, 224-room hoteol near RDU. The hotel, one of four that eSuitexs wanted to build around the is to offer work stations with desktop computers ineveryh room.
Ellenburg, who currently serves as eSuites' said in a brief phone conversation that the Chapteer 11 filing was necessary becausee a lender pulled out of the hotel But the company still has Ellenburg says, to build the project. It shoulde be able to emerge from bankruptcy protection after it refinances some of its Ellenburg says. According to bankruptcy documents, the company’s largest unsecured credito r was GVEC ResourceIV Inc., a compan y associated with the private equity investmentg firm . PEMGroup, based in California, providedc financing for eSuites’ hotel-buildinbg plans.
But the filing will not affectthe company's plansx to build the hotel, says Jerry the founder of the A limited liability corporation callee Raleigh Durham e-Suites LLC filedf March 13 for Chapter 11 bankruptc y protection in federal court. Bankruptcy documents for the LLC listtwo $1 million to $10 million in tota assets, and $10 million to $50 million in tota liabilities. As Triangle Business Journal inSeptembere 2007, ESuites plans on building an eight-story, 224-room hoteol near RDU. The hotel, one of four that eSuitexs wanted to build around the is to offer work stations with desktop computers ineveryh room.
Ellenburg, who currently serves as eSuites' said in a brief phone conversation that the Chapteer 11 filing was necessary becausee a lender pulled out of the hotel But the company still has Ellenburg says, to build the project. It shoulde be able to emerge from bankruptcy protection after it refinances some of its Ellenburg says. According to bankruptcy documents, the company’s largest unsecured credito r was GVEC ResourceIV Inc., a compan y associated with the private equity investmentg firm . PEMGroup, based in California, providedc financing for eSuites’ hotel-buildinbg plans.
Thursday, October 18, 2012
Ferrellgas profit dips, sales drop - Business Courier of Cincinnati:
xotavaloso.blogspot.com
In a filing with the Securitiee and Exchange Commission after the market closedson Friday, the Overland Park-bases propane retailer (NYSE: FGP) reported earningsd available to common shareholderd of $32.5 million, or 48 cents a share, for the This compares with earnings of $34.8 million, or 55 centds a share, for the same period last year. Revenuwe for the quarter was $561.1 million, down from $712.1 milliohn last year. Ferrellgas said in the SEC filing that lowed propane prices contributed tothe quarter’w lower revenue. The company said it sold 239.2 millionb gallons of propane duringthe quarter, down 5 percenrt from 252.1 million gallons in the same quarted last year.
Retail sales volumes decreasefd mainly because of temperatures that were 5 percent warmefr than last year and customedr conservation related to theweak economy, the company Ferrellgas ranks No. 10 on the Kansazs City BusinessJournal ’s list of area public companies.
In a filing with the Securitiee and Exchange Commission after the market closedson Friday, the Overland Park-bases propane retailer (NYSE: FGP) reported earningsd available to common shareholderd of $32.5 million, or 48 cents a share, for the This compares with earnings of $34.8 million, or 55 centds a share, for the same period last year. Revenuwe for the quarter was $561.1 million, down from $712.1 milliohn last year. Ferrellgas said in the SEC filing that lowed propane prices contributed tothe quarter’w lower revenue. The company said it sold 239.2 millionb gallons of propane duringthe quarter, down 5 percenrt from 252.1 million gallons in the same quarted last year.
Retail sales volumes decreasefd mainly because of temperatures that were 5 percent warmefr than last year and customedr conservation related to theweak economy, the company Ferrellgas ranks No. 10 on the Kansazs City BusinessJournal ’s list of area public companies.
Wednesday, October 17, 2012
Quincy Allen Executive Profile
younkinesagugad1746.blogspot.com
**All Executive profile data provided byDow
**All Executive profile data provided byDow
Tuesday, October 16, 2012
Europe's reactive leadership - Reuters Blogs (blog)
kittredgeihuhyla1951.blogspot.com
Europe's reactive leadership Reuters Blogs (blog) Spain doesn't need financial help. That was the verdict from euro zone ministers on Monday â€" quickly followed by a selloff in Spanish stocks and bonds on Tuesday. The trouble with that line of thinking is that it again leaves policymakers behind the ... |
Sunday, October 14, 2012
Irvine's Zimbabwe — taking quality further - The Zimbabwe Standard
esivyjifag.wordpress.com
Irvine's Zimbabwe â€" taking quality further The Zimbabwe Standard Reliable quality products, whereby the consumer is guaranteed superior quality and freshness. Organisation integrity, principles and values, whereby management and staff believe in the process. Organisation history, tradition and track record, helping ... |
Saturday, October 13, 2012
Cognitive-Behavioral Therapy for Adult ADHD: An Interview With Mary Solanto ... - Huffington Post
haga-aa8xuq.blogspot.com
Cognitive-Behavioral Therapy for Adult ADHD: An Interview With Mary Solanto ... Huffington Post Mary V. Solanto, Ph.D., is associate professor of psychiatry and director of the ADHD Center in the Division of Child and Adolescent Psychiatry at Mount Sinai School of Medicine in New York City. Dr. Solanto has worked extensively with adults and ... |
Thursday, October 11, 2012
Free Flights If Your Candidate Loses! No Joke - Businessweek
iqukikofor.wordpress.com
Free Flights If Your Candidate Loses! No Joke Businessweek Mitt Romney didn't just enjoy a rebound in Gallup, Pew, and PPP polls following the first debateâ€"he also got a six-percentage-point bounce in the “7-Election.†Haven't heard of it? You haven't been to your local 7-Eleven's coffee bar lately. The ... |
Wednesday, October 10, 2012
Bantam ready to spread its wings - Austin Business Journal:
ernstiryastrov.blogspot.com
After hiring Michael Chaddock as president and CEO in bought computer parts providerof Austin, hiredr a salesperson in Houston and developed planx to open a sales office in Dallas. In addition, Bantajm bought a 7,000-square-foot building next to its currenf location at 2600 McHale Cour inNorth Austin, increasiny its space to about 20,000 square feet. More acquisitions. Mark Glenewinkel, vice presiden of sales and business development, says the compan y is "kicking tires" now at several companies. More employees. Bantamm plans to hire three more people for saless support in the next six months and a handfulo on themanufacturing side.
The company has 32 employees, and Chaddocl says he expects the headcount to be abou t 40 by the end of the Greater presence. Bantam is considering opening a salews office inSan Antonio. Formerly known as Bantam Electronics has been in businesssince 1969. Asidr from making desktop computers, Bantam also manufacturews network appliances and distributes electronicseand components. The company also has a retail store that sellwcomputer parts.
Chaddock says one of his first goalws after joining the company was to build its He is former president and CEOof Austin-basecd chip company and a former generalk manager at "The biggest challeng e has been creating Bantam's value proposition and gettingv the message out of what we do," Chaddocok says. "It was hard before, because we did so much." To help spreaed the company's message and identify key Chaddockhired Glenewinkel, formerly with Motorolaz and venture capital firm . KLM has officese in Austin, San Jose, Calif.
, and Hong Although the company has maintained a low profile in the former President Cliff Scott says Bantamk has grown rapidly along withits customers, whic include Advanced Micro Devices Inc., NetQoS Inc. and Wayport Inc. Befores long, Scott found himself hiring a recruiter to finda CEO. Scott now is executivre vice president of systems and servicesat "I didn't think we would get as big as we did in such a shor time. It was getting to be more than Icouldx handle," Scott says. "I was looking for a CEO to come in and take the bull by the Chaddock says he never had heard of Bantak before the recruiterapproached him.
But aftedr doing his due diligence, he discovered that Banta had experiencedphenomenal growth. The Austin Businesws Journal rated Bantam one ofthe fastest-growing privat companies in 2004. Bantam reported 50 percentt revenue growth from 2001to 2003. Revenue went from $5.7 million in 2001 to $8.6 milliohn in 2003. The company was launched with $1,00o0 in savings. "My vision is to ... doubl e [the company's size] in two Chaddock says.
After hiring Michael Chaddock as president and CEO in bought computer parts providerof Austin, hiredr a salesperson in Houston and developed planx to open a sales office in Dallas. In addition, Bantajm bought a 7,000-square-foot building next to its currenf location at 2600 McHale Cour inNorth Austin, increasiny its space to about 20,000 square feet. More acquisitions. Mark Glenewinkel, vice presiden of sales and business development, says the compan y is "kicking tires" now at several companies. More employees. Bantamm plans to hire three more people for saless support in the next six months and a handfulo on themanufacturing side.
The company has 32 employees, and Chaddocl says he expects the headcount to be abou t 40 by the end of the Greater presence. Bantam is considering opening a salews office inSan Antonio. Formerly known as Bantam Electronics has been in businesssince 1969. Asidr from making desktop computers, Bantam also manufacturews network appliances and distributes electronicseand components. The company also has a retail store that sellwcomputer parts.
Chaddock says one of his first goalws after joining the company was to build its He is former president and CEOof Austin-basecd chip company and a former generalk manager at "The biggest challeng e has been creating Bantam's value proposition and gettingv the message out of what we do," Chaddocok says. "It was hard before, because we did so much." To help spreaed the company's message and identify key Chaddockhired Glenewinkel, formerly with Motorolaz and venture capital firm . KLM has officese in Austin, San Jose, Calif.
, and Hong Although the company has maintained a low profile in the former President Cliff Scott says Bantamk has grown rapidly along withits customers, whic include Advanced Micro Devices Inc., NetQoS Inc. and Wayport Inc. Befores long, Scott found himself hiring a recruiter to finda CEO. Scott now is executivre vice president of systems and servicesat "I didn't think we would get as big as we did in such a shor time. It was getting to be more than Icouldx handle," Scott says. "I was looking for a CEO to come in and take the bull by the Chaddock says he never had heard of Bantak before the recruiterapproached him.
But aftedr doing his due diligence, he discovered that Banta had experiencedphenomenal growth. The Austin Businesws Journal rated Bantam one ofthe fastest-growing privat companies in 2004. Bantam reported 50 percentt revenue growth from 2001to 2003. Revenue went from $5.7 million in 2001 to $8.6 milliohn in 2003. The company was launched with $1,00o0 in savings. "My vision is to ... doubl e [the company's size] in two Chaddock says.
Tuesday, October 9, 2012
Conflict case resumes in judge's chambers - Mississauga
ykyhola.blogspot.com
Conflict case resumes in judge's chambers Mississauga Superior Court Justice John Sproat will meet with McCallion's lawyer, Freya Kristjanson, and Tom Richardson, the solicitor representing the man who filed the conflict complaint, Elias Hazineh, to set a timetable for proceedings to begin. However, the ... |
Sunday, October 7, 2012
Zac Efron: Has 'The Paperboy' finally helped him leave behind his past as ... - Washington Post (blog)
bakakinkorypon.blogspot.com
Zac Efron: Has 'The Paperboy' finally helped him leave behind his past as ... Washington Post (blog) Zac Efron: Has 'The Paperboy' finally helped him leave behind his past as 'Musical' boy? By Caitlin Moore. Efron at the Toronto Film Festival last month. (Jemal Countess - GETTY IMAGES). “I don't know / where to go / what's it all mean / I want my own ... |
Saturday, October 6, 2012
NYPD shooting of unarmed motorist under investigation - Chicago Tribune
xeconatyxex.blogspot.com
Telegraph.co.uk | NYPD shooting of unarmed motorist under investigation Chicago Tribune (Reuters) - New York authorities have launched an investigation into the fatal shooting of an unarmed motorist by police who pulled him over for erratic driving in the early morning hours and may have shot him while his hands were on the steering wheel. Cop Who Shot Unarmed Queens Man Has History of Heroism and Controversy |
Friday, October 5, 2012
Lawsuit challenges tax breaks for key projects - Atlanta Business Chronicle:
grachevakautawil.blogspot.com
Buckhead lawyer and taxpayer advocate John Woodham is challenginbg bond deals approved by the Developmen t Authority of Fulton County offering tax abatementss that start at 50 percent and are gradually phasefd out over11 years, saving developers hundreds of millions of dollars. In a court order dated Apri l 15, the Fulton Board of Assessors agree not to perform further assessments related to the affectecproperties — including and the Terminus comple in Buckhead and downtow Atlanta’s 55 Allen Plaza until the case is decided. A hearing is set for July 15 in Fultohn CountySuperior Court.
The current lawsuit is the second Woodham has filed in two years against tax breaks that have proven popular with developerzs and economicdevelopment agencies. The Georgia Supreme Coury ruled unanimously in his favor in February 2008 in a case involvinh theAtlanta Beltline, declaring that school propertgy taxes could not be used for projecte financed through tax allocation districts. But Woodham’sz victory in that case was short-lived. Shortly aftefr the decision, the Generakl Assembly passed a constitutional amendment to essentially reverse the ruling, and Georgias voters narrowly ratified it at the pollx last fall.
While the legal issues in the new case are the public policy debate is over whethe lavish tax breaks are necessary to lure developerw to build in areas wherr they stand to earnlarge profits. “When you’re talking about trophy projects in Midtown andBuckheadd ... these projects were going to happen anyway,” Woodham said. “This is icing on the cake at the expensde ofthe taxpayers.
” Largely becauswe of the public policy ramifications, the Fulto n County Taxpayers Foundation and its president, John have joined Woodham as plaintiffs in the On the other side are economic development leaders who argue that tax breaks are vitapl to foster growth, particularly during a recession. “At this time, not much is going on,” said Peggy president of the , which supports the Fultonm development authority although it is not a party inthe “This is an economic development tool that is criticapl statewide.
” “In these times, the idea that we’re suddenlh going to tell developers and ‘We’re not capable of bringing the tax incentivess other states are offering,’ just seems insane,” added Cary Ichter, a lawyer with representingb the Fulton development authority. Specifically, the lawsui questions tax abatements that developmentg authorities in Fulton County have approvedthrough “sale-leaseback” bond transactions. The way the transactionws work is the developerf conveys fee simple title of a project to the development authority and simultaneousl y leases the property back fromthe authority.
Development authoritiess in Fulton County have used the transactions to issud morethan $5 billion in bonds durinvg the last three according to the suit. But tax abatement bond deals through developmentauthorities aren’t limited to Fulton County. The Development Authority of DeKalb Countyg is considering a bond requested by in connectioh with its TownBrookhaven project. A proposedf 20-year tax abatement, which couldd be decided in a coupleof weeks, would come to abouty $51.6 million. (See related story on Page 1A.) The lawsuiyt criticizes the bond transactionsas “phantom” because no money changexs hands.
“There is no real financial transaction,” Woodham “The bonds are windowq dressing for thetax abatement.” Woodhamj said there is nothinv in state law that allows sale-leaseback transactions.
Buckhead lawyer and taxpayer advocate John Woodham is challenginbg bond deals approved by the Developmen t Authority of Fulton County offering tax abatementss that start at 50 percent and are gradually phasefd out over11 years, saving developers hundreds of millions of dollars. In a court order dated Apri l 15, the Fulton Board of Assessors agree not to perform further assessments related to the affectecproperties — including and the Terminus comple in Buckhead and downtow Atlanta’s 55 Allen Plaza until the case is decided. A hearing is set for July 15 in Fultohn CountySuperior Court.
The current lawsuit is the second Woodham has filed in two years against tax breaks that have proven popular with developerzs and economicdevelopment agencies. The Georgia Supreme Coury ruled unanimously in his favor in February 2008 in a case involvinh theAtlanta Beltline, declaring that school propertgy taxes could not be used for projecte financed through tax allocation districts. But Woodham’sz victory in that case was short-lived. Shortly aftefr the decision, the Generakl Assembly passed a constitutional amendment to essentially reverse the ruling, and Georgias voters narrowly ratified it at the pollx last fall.
While the legal issues in the new case are the public policy debate is over whethe lavish tax breaks are necessary to lure developerw to build in areas wherr they stand to earnlarge profits. “When you’re talking about trophy projects in Midtown andBuckheadd ... these projects were going to happen anyway,” Woodham said. “This is icing on the cake at the expensde ofthe taxpayers.
” Largely becauswe of the public policy ramifications, the Fulto n County Taxpayers Foundation and its president, John have joined Woodham as plaintiffs in the On the other side are economic development leaders who argue that tax breaks are vitapl to foster growth, particularly during a recession. “At this time, not much is going on,” said Peggy president of the , which supports the Fultonm development authority although it is not a party inthe “This is an economic development tool that is criticapl statewide.
” “In these times, the idea that we’re suddenlh going to tell developers and ‘We’re not capable of bringing the tax incentivess other states are offering,’ just seems insane,” added Cary Ichter, a lawyer with representingb the Fulton development authority. Specifically, the lawsui questions tax abatements that developmentg authorities in Fulton County have approvedthrough “sale-leaseback” bond transactions. The way the transactionws work is the developerf conveys fee simple title of a project to the development authority and simultaneousl y leases the property back fromthe authority.
Development authoritiess in Fulton County have used the transactions to issud morethan $5 billion in bonds durinvg the last three according to the suit. But tax abatement bond deals through developmentauthorities aren’t limited to Fulton County. The Development Authority of DeKalb Countyg is considering a bond requested by in connectioh with its TownBrookhaven project. A proposedf 20-year tax abatement, which couldd be decided in a coupleof weeks, would come to abouty $51.6 million. (See related story on Page 1A.) The lawsuiyt criticizes the bond transactionsas “phantom” because no money changexs hands.
“There is no real financial transaction,” Woodham “The bonds are windowq dressing for thetax abatement.” Woodhamj said there is nothinv in state law that allows sale-leaseback transactions.
Wednesday, October 3, 2012
Cashing in on aging boomers - New Mexico Business Weekly:
cicugaha.wordpress.com
“People wanted nothing to do with themature market,” said Maddg Dychtwald, senior vice president of the companyy in San Francisco. Now, the consumer products and serviceszindustry can’t stop thinking about the matured market, especially since a baby boomer turns 50 every seconds. At 78 million boomers represent one-third of all adults in the Unitedx States. They control half of the nation’sx wealth and, at least before the recession, were spending $2 trillionj on consumer products and servicesaa year. Boomers were expected to accounft for about 40 percent of spending by according to a reporgtin 2007.
So, retailers and marketers are eagerd to figure out how to reach this Some in the consumer productds and services industry are getting it while many others stilol have much tolearn — and said experts who specialize in marketing to baby boomers. Marketinfg to this 19-year generation is proving tricky. Althoughn boomers are lumped together, they’re a diverse groulp with divergent life experiences given that they range in age from 44to 63. And like the rest of the they range from affluenft tofinancially disadvantaged. The way to market to boomerws is by individual life stagesegmentx — such as empty-nesters and grandparents without mentioning age, consultants said.
“Theu refuse to be called That is the worst thing you can do to this saidAlice Jacobs, a Roseville baby boomer who advises companies on generational marketing and teachese seminars and classes on the topic, includinf through UC Davis Extension. Although generalizing of boomersa should bedone sparingly, older baby boomerw refuse to grow up. They thini old age starts around 75or 80, said Matt founder of , a marketing research and consulting firm in Boomers see themselves as vibrant and active. They like tryin g new servicesand products, despite the myth that they are spokesman Anthony Deluise said.
The association of people 50 and oldere no longeruses “retired” in its name. Boomers like prin advertising because they want lotsof information. Boomer s also pay attention to new and will clickon eye-catching Internet ads. This generation also likez products, services and shopping experiences that make them feel special and consultants said. They don’t want to merelyh eat or buy things. They want to they want experiences. This is especially true since therecessioh started. Many boomers who are 60 had expected to retire over the nextfive years. Now, they will likelyt work an extra three to five years because oftheir hard-hit investments and pensions, Dychtwald said.
The good news is they won’tt be on a fixed income and willstill spend. But theit free time will be more limited. More boomers will be workinbg and raising children or grandchildren whilse also dealing with their own sick Asa result, “experience over thingsd become valued,” Dychtwald said. “There is a real shiftg going on right now on what peoplrare valuing.” Boomers in particulart want to be responsible consumers. “It’s not about buying stuff to have Thornhill said. Lifestyle centers which combine upscale storeswith restaurants, entertainment and comfortable places to lingefr — provide the experiences that boomers want.
Local examplesw are Sacramento’s Pavilions center and The Fountainsin Roseville.
“People wanted nothing to do with themature market,” said Maddg Dychtwald, senior vice president of the companyy in San Francisco. Now, the consumer products and serviceszindustry can’t stop thinking about the matured market, especially since a baby boomer turns 50 every seconds. At 78 million boomers represent one-third of all adults in the Unitedx States. They control half of the nation’sx wealth and, at least before the recession, were spending $2 trillionj on consumer products and servicesaa year. Boomers were expected to accounft for about 40 percent of spending by according to a reporgtin 2007.
So, retailers and marketers are eagerd to figure out how to reach this Some in the consumer productds and services industry are getting it while many others stilol have much tolearn — and said experts who specialize in marketing to baby boomers. Marketinfg to this 19-year generation is proving tricky. Althoughn boomers are lumped together, they’re a diverse groulp with divergent life experiences given that they range in age from 44to 63. And like the rest of the they range from affluenft tofinancially disadvantaged. The way to market to boomerws is by individual life stagesegmentx — such as empty-nesters and grandparents without mentioning age, consultants said.
“Theu refuse to be called That is the worst thing you can do to this saidAlice Jacobs, a Roseville baby boomer who advises companies on generational marketing and teachese seminars and classes on the topic, includinf through UC Davis Extension. Although generalizing of boomersa should bedone sparingly, older baby boomerw refuse to grow up. They thini old age starts around 75or 80, said Matt founder of , a marketing research and consulting firm in Boomers see themselves as vibrant and active. They like tryin g new servicesand products, despite the myth that they are spokesman Anthony Deluise said.
The association of people 50 and oldere no longeruses “retired” in its name. Boomers like prin advertising because they want lotsof information. Boomer s also pay attention to new and will clickon eye-catching Internet ads. This generation also likez products, services and shopping experiences that make them feel special and consultants said. They don’t want to merelyh eat or buy things. They want to they want experiences. This is especially true since therecessioh started. Many boomers who are 60 had expected to retire over the nextfive years. Now, they will likelyt work an extra three to five years because oftheir hard-hit investments and pensions, Dychtwald said.
The good news is they won’tt be on a fixed income and willstill spend. But theit free time will be more limited. More boomers will be workinbg and raising children or grandchildren whilse also dealing with their own sick Asa result, “experience over thingsd become valued,” Dychtwald said. “There is a real shiftg going on right now on what peoplrare valuing.” Boomers in particulart want to be responsible consumers. “It’s not about buying stuff to have Thornhill said. Lifestyle centers which combine upscale storeswith restaurants, entertainment and comfortable places to lingefr — provide the experiences that boomers want.
Local examplesw are Sacramento’s Pavilions center and The Fountainsin Roseville.
Tuesday, October 2, 2012
Givit makes iOS video editing smarter and easier than iMovie - VentureBeat
esivyjifag.wordpress.com
VentureBeat | Givit makes iOS video editing smarter and easier than iMovie VentureBeat On top of making it easier to edit your video down, Givit also lets you add motion effects, music, and transitions to spice up your video reel. After making all the adjustments you'd like, you can share your creation through Facebook, YouTube, or email. |
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