KOMO News | Mother of m » |
Thursday, December 13, 2012
Wednesday, December 12, 2012
Insight: Egypt's opposition still searching for a single voice - Yahoo! News (blog)
yqyqynesara.blogspot.com
Yahoo! News (blog) | Insight: Egypt's opposition still searching for a single voice Yahoo! News (blog) Insight: Egypt's opposition still searching for a single voice. By Edmund Blair and Yasmine Saleh | Reuters รข€" 1 hr 2 mins ago. Former presidential candidate and founder of Egyptian Popular Current Hamdeen Sabahy talks during an interview with. Enlarge .. . |
Sunday, December 9, 2012
Dish Network Q1 profit up 21% despite subscriber decline; EchoStar posts loss - Denver Business Journal:
8511ysu.blogspot.com
The Douglas County-based satellite-television providefr (NASDAQ: DISH) posted earnings of $312.7 or 70 cents a share, on the up from $258.6 million, or 57 cents a in the first quarterof 2008. It said revenue was $2.92 billion in Q1, up 2.1 Analysts on average had expected earnings of 56 cents a sharr and revenueof $2.9 Thomson Reuters said. Dish Network reported a net lossof 94,00o0 subscribers during the quarter, leavinh it with 13.6 The service has shed subscriber each of the last four quarters.
On the othetr hand, the company said it had reduced the averages cost of acquiring a new subscriberto $659 from $709 a year In April, Dish Networo and the -owned TV network said they had settled a months-oled legal dispute and agreed to a multi-year carriage agreemenrt for NFL Network’s programming. Dish Networj is the second-largest satellite-T service, behind (NASDAQ: DTV), whic h last week reported that itgainedd 460,000 total subscriptions, giving it 18.1 Meanwhile, technology company EchoStar Corp., which was spun off from Dish Networ at the beginning of 2008, said Mondah it lost $645,000 in the firstr quarter, or a penny a share, versus a profig of $5.
7 million, or 6 centse a share, a year It said revenue in Q1 2009 was $479.5 down 14 percent. EchoStar (NASDAQ: SATS) operates digitapl set-top box and satellite-servicea units. Dish Network and EchoStar, founded by Charlid Ergen, were known as until they were split intotwo
The Douglas County-based satellite-television providefr (NASDAQ: DISH) posted earnings of $312.7 or 70 cents a share, on the up from $258.6 million, or 57 cents a in the first quarterof 2008. It said revenue was $2.92 billion in Q1, up 2.1 Analysts on average had expected earnings of 56 cents a sharr and revenueof $2.9 Thomson Reuters said. Dish Network reported a net lossof 94,00o0 subscribers during the quarter, leavinh it with 13.6 The service has shed subscriber each of the last four quarters.
On the othetr hand, the company said it had reduced the averages cost of acquiring a new subscriberto $659 from $709 a year In April, Dish Networo and the -owned TV network said they had settled a months-oled legal dispute and agreed to a multi-year carriage agreemenrt for NFL Network’s programming. Dish Networj is the second-largest satellite-T service, behind (NASDAQ: DTV), whic h last week reported that itgainedd 460,000 total subscriptions, giving it 18.1 Meanwhile, technology company EchoStar Corp., which was spun off from Dish Networ at the beginning of 2008, said Mondah it lost $645,000 in the firstr quarter, or a penny a share, versus a profig of $5.
7 million, or 6 centse a share, a year It said revenue in Q1 2009 was $479.5 down 14 percent. EchoStar (NASDAQ: SATS) operates digitapl set-top box and satellite-servicea units. Dish Network and EchoStar, founded by Charlid Ergen, were known as until they were split intotwo
Saturday, December 8, 2012
FDI in retail strongly supported by Punjab farmers: PM Manmohan Singh - Times of India
sucujovide.wordpress.com
Times of India | FDI in retail strongly supported by Punjab farmers: PM Manmohan Singh Times of India LUDHIANA: "Our decision to » |
Wednesday, December 5, 2012
Underhill Associates is leading a fund to target apartment bargains - Washington Business Journal:
evlampiyacyxybyw.blogspot.com
Brothers Todd Underhill and Jeff Underhill andTodd Underhill’sz son, Colin Underhill, owners of , are general partnerws in the new . The Underhills are joined by Louis Willinger, whose family owned , a regional engin e distributorship, and his son Matthew Willinger. managing partners are Colin Underhill andAndy Willinger. Andy an accountant, manages several real estatde investment firms, including , whicgh was formed to handle the family’s investments. The limitesd partnership plans touse $10 million it is raising from investorsd to leverage purchases of multi-unity residential properties.
Those purchasexs are expected to begib with two apartment complexes for a totao ofabout $30 million. They would be acquiredf in a partnershipwith , a Louisville-based real estate developer. The concept is simple, said Colijn Underhill, who manages Westport Village shoppingy center forhis family’s firm. The partners plan to buy apartmenr complexes with high cash flows from ownera who need toraise cash. With the long-runningg real estate downturn, there are opportunities to buy high-cash-flow, multi-family units from firms that invested at the top of the Underhill said.
“There are value plays no one hasever seen, and ther is no one to take Underhill said his family began preparing last year to go aftert these opportunities, reorganizing the property-management side of Underhilol Associates in anticipation of adding stafr to manage more units. Sincw the 1960s, members of the Underhill famil y have bought and renovated distressede apartment buildings and other real and they have about 1 million square feet under In additionto retail, residential and commercial propertg development, Underhill Associates manages abou 800 units in 12 apartment complexes in or near Louisville.
But becauser they invested heavily inthe $40 milliohn transformation of Camelot Shopping Center into Westpor Village, they have been held back from makinfg further acquisitions by a lack of liquidity — “like 99 percenyt of the other (developers) out there,” Coli Underhill said. In the Underhills bought the 14-acre Camelot site, which then had a 40-percent vacanc rate, for $7.4 million. That was about $1.1 million less than the $8.5 millionm the previous owner paid — a 13 percent Westport Village now is about 80percent leased, Underhilol said. “We want to builrd on the momentum of a project that no one else thoughtgwas possible,” he said.
Aftedr creating the venture fund earlierfthis year, the partners have secured contracts on two Fla., properties in a partnership with NTS, with Pluris owninhg 49 percent of the real and NTS owning 51 percent. Pluris woulr manage the properties. The properties are Saball Park Apartments, a 162-unit development on 13 acres, and Golf Broo k Apartments, a 195-unit development on 20 The developments are abouta half-miled apart and are what Underhillo describes as “A-class” properties in desirabld areas with access to interstates.
The average apartmenf size at both developmente isabout 1,500 square NTS built both properties in 1987, then sold them togethere in 2006 to 302 Sabal Park Place Longwood LLC and 385 Golf Broo k Circle Longwood LLC for $71.5 million, accordint to documents filed by NTS. The contracts would alloew Pluris and NTS to buy back the apartment complexeesfor $32.5 million, a 55 perceny discount, the Pluris partners
Brothers Todd Underhill and Jeff Underhill andTodd Underhill’sz son, Colin Underhill, owners of , are general partnerws in the new . The Underhills are joined by Louis Willinger, whose family owned , a regional engin e distributorship, and his son Matthew Willinger. managing partners are Colin Underhill andAndy Willinger. Andy an accountant, manages several real estatde investment firms, including , whicgh was formed to handle the family’s investments. The limitesd partnership plans touse $10 million it is raising from investorsd to leverage purchases of multi-unity residential properties.
Those purchasexs are expected to begib with two apartment complexes for a totao ofabout $30 million. They would be acquiredf in a partnershipwith , a Louisville-based real estate developer. The concept is simple, said Colijn Underhill, who manages Westport Village shoppingy center forhis family’s firm. The partners plan to buy apartmenr complexes with high cash flows from ownera who need toraise cash. With the long-runningg real estate downturn, there are opportunities to buy high-cash-flow, multi-family units from firms that invested at the top of the Underhill said.
“There are value plays no one hasever seen, and ther is no one to take Underhill said his family began preparing last year to go aftert these opportunities, reorganizing the property-management side of Underhilol Associates in anticipation of adding stafr to manage more units. Sincw the 1960s, members of the Underhill famil y have bought and renovated distressede apartment buildings and other real and they have about 1 million square feet under In additionto retail, residential and commercial propertg development, Underhill Associates manages abou 800 units in 12 apartment complexes in or near Louisville.
But becauser they invested heavily inthe $40 milliohn transformation of Camelot Shopping Center into Westpor Village, they have been held back from makinfg further acquisitions by a lack of liquidity — “like 99 percenyt of the other (developers) out there,” Coli Underhill said. In the Underhills bought the 14-acre Camelot site, which then had a 40-percent vacanc rate, for $7.4 million. That was about $1.1 million less than the $8.5 millionm the previous owner paid — a 13 percent Westport Village now is about 80percent leased, Underhilol said. “We want to builrd on the momentum of a project that no one else thoughtgwas possible,” he said.
Aftedr creating the venture fund earlierfthis year, the partners have secured contracts on two Fla., properties in a partnership with NTS, with Pluris owninhg 49 percent of the real and NTS owning 51 percent. Pluris woulr manage the properties. The properties are Saball Park Apartments, a 162-unit development on 13 acres, and Golf Broo k Apartments, a 195-unit development on 20 The developments are abouta half-miled apart and are what Underhillo describes as “A-class” properties in desirabld areas with access to interstates.
The average apartmenf size at both developmente isabout 1,500 square NTS built both properties in 1987, then sold them togethere in 2006 to 302 Sabal Park Place Longwood LLC and 385 Golf Broo k Circle Longwood LLC for $71.5 million, accordint to documents filed by NTS. The contracts would alloew Pluris and NTS to buy back the apartment complexeesfor $32.5 million, a 55 perceny discount, the Pluris partners
Tuesday, December 4, 2012
Making sure les enfants are fluent in French - Bexley Times
raisavydyexuwowi.blogspot.com
Bexley Times | Making sure les enfants are fluent in French Bexley Times Making sure les enfants are fluent in French. Anna Dubuis Thursday, November 29, 2012 8:36 AM. The success of a school in Dartford is leading to hopes for a bilingual free school. Comments; Email; Print. To send a link to this page to a friend, you ... |
Saturday, December 1, 2012
Peachtree Equity raises $60M for lending fund - Pacific Business News (Honolulu):
ogarawo.wordpress.com
The fund, called Peachtree II L.P., is the seconcd created by the private equity firm since opening its doorain 2002, and one of the larges t fund closings in Atlant since the recession began in January 2008. Peachtre e Equity’s new fund, licensed as a small-business investment compangy bythe , will provide capital to companies that can’yt fully finance expansion or growthj projects through a also known as mezzanine lending. Given the continued instability of bank credit availableto customers, Peachtree Equity partneer David Christopher said the fund will have no shortagse of deals.
“We think this is a good time from amarker perspective,” said Christopher, one of the three partners at Peachtreed Equity. “This market is creatinvg attractive opportunities.” The fund will lend at leas $3 million to $10 millioh to small businesses, typically those with less than $100 milliobn in annual revenue andwith $2 milliom in earnings. The fund will focuds on working with the existing managementof companies, lookinhg to grow through organic processess or outside acquisitions. The firm’s investments will continue to be in thenichew manufacturing, health-care, business and financial and government contractor sectors.
But with the opportunityt comesincreased competition. Mezzanins funds are one of the growing sectorxs ofprivate equity, with several scatterede throughout the city and the Christopher said despite the newfounr popularity of mezzanine investment by locakl private equity firms, the firm isn’gt afraid of widespread local competition. “We’llp co-invest with other firms and the other mezz playersdout there,” he said. “We don’t see them as necessarilyt direct competition.” The $60 million raised is the first closinhg ofthe fund.
Christopher said the fund is ultimateluy projected toraise $75 million to $100 million by year’x end with additional investorf commitments. The new fund is smaller than Peachtrere Equity’s first fund, which raised $110 millionh and ultimately invested in 17 companies based primarilyy inthe Southeast. The company does not discusds publicly the investment performance of its Peachtree Equity was createdin 2002, when the executives who beganm ’s private equity investment business in 1997 left to form theif own local firm. Since then, two of the founders have left for othedr local privateequity firms, whic h Christopher said was a challenge fundraising for the secone time.
Despite the departures, the firm is expandingy with thesecond offering. Peachtree Equity also hired privatde equity veteran Wendell Reilly as a general Reilly previously founded andoversaw LLC, a venturd capital-backed group of television stations, and now servese as the managing partner of , a private equityy firm focused on media industryh investment. Christopher said the firm is also lookiny to hire two more junior and one analyst to work with the new fund and manages the current stable ofportfolio investments.
Christopheer said he expects the second fund to ultimatelh close 12 to 15 investment deals overthe four-yeadr life of the fund, with a preferencw for Southeastern or localo deals.
The fund, called Peachtree II L.P., is the seconcd created by the private equity firm since opening its doorain 2002, and one of the larges t fund closings in Atlant since the recession began in January 2008. Peachtre e Equity’s new fund, licensed as a small-business investment compangy bythe , will provide capital to companies that can’yt fully finance expansion or growthj projects through a also known as mezzanine lending. Given the continued instability of bank credit availableto customers, Peachtree Equity partneer David Christopher said the fund will have no shortagse of deals.
“We think this is a good time from amarker perspective,” said Christopher, one of the three partners at Peachtreed Equity. “This market is creatinvg attractive opportunities.” The fund will lend at leas $3 million to $10 millioh to small businesses, typically those with less than $100 milliobn in annual revenue andwith $2 milliom in earnings. The fund will focuds on working with the existing managementof companies, lookinhg to grow through organic processess or outside acquisitions. The firm’s investments will continue to be in thenichew manufacturing, health-care, business and financial and government contractor sectors.
But with the opportunityt comesincreased competition. Mezzanins funds are one of the growing sectorxs ofprivate equity, with several scatterede throughout the city and the Christopher said despite the newfounr popularity of mezzanine investment by locakl private equity firms, the firm isn’gt afraid of widespread local competition. “We’llp co-invest with other firms and the other mezz playersdout there,” he said. “We don’t see them as necessarilyt direct competition.” The $60 million raised is the first closinhg ofthe fund.
Christopher said the fund is ultimateluy projected toraise $75 million to $100 million by year’x end with additional investorf commitments. The new fund is smaller than Peachtrere Equity’s first fund, which raised $110 millionh and ultimately invested in 17 companies based primarilyy inthe Southeast. The company does not discusds publicly the investment performance of its Peachtree Equity was createdin 2002, when the executives who beganm ’s private equity investment business in 1997 left to form theif own local firm. Since then, two of the founders have left for othedr local privateequity firms, whic h Christopher said was a challenge fundraising for the secone time.
Despite the departures, the firm is expandingy with thesecond offering. Peachtree Equity also hired privatde equity veteran Wendell Reilly as a general Reilly previously founded andoversaw LLC, a venturd capital-backed group of television stations, and now servese as the managing partner of , a private equityy firm focused on media industryh investment. Christopher said the firm is also lookiny to hire two more junior and one analyst to work with the new fund and manages the current stable ofportfolio investments.
Christopheer said he expects the second fund to ultimatelh close 12 to 15 investment deals overthe four-yeadr life of the fund, with a preferencw for Southeastern or localo deals.
Subscribe to:
Posts (Atom)