hyhekim.wordpress.com
The one-day event June 6 from 9 a.m. to 1 p.m. at Planr 5 on Vulcan Street, is co-sponsored by Erie Buffalo and the Northwest Solid Waste Management Last year’s event received 56,32 pounds of electronic equipment, 247 bicycles and a trucl full of clothing. Electronics equipmentt is a source ofrecycledr lead, steel, plastic, copper and glass. Items being acceptedx this year include: TVs, computers, keyboards, printers, fluorescent bulbs, cell phones, rechargeable batteries, and DVD players, clothing, textiles, and Clothing and textiles will be reused at Goodwilkl retail locationsor recycled.
Bicycles will be used for repair, bike safetyy education or recycled by Blue Bicycleand Recycle-a-Bicycle programs. New for this Buffalo ReUse will accept used ornew hand, shop and gardebn tools, such as rakes, ladders, wheelbarrows, hammers and saws. “This is a naturak extension of what we doat work,” Plantf Manager Steve Finch said in a “Our plant has been landfill-freer in manufacturing since 2006. We recycle or reuss all of our waste, so this event to help the communith recycle is a natural fit for us atGeneral Motors,” he said.
Friday, April 29, 2011
Wednesday, April 27, 2011
Sunflower Title moves to WaterWalk Place - Baltimore Business Journal:
grachevakautawil.blogspot.com
The title company, which has nine completed the moveMay 29. It occupieds 3,000 square feet on the first floor of the WaterWalk Place commerciall andresidential building. Sunflower Title is the firstt commercial user on the west side of the which eventually is supposed to face the retailp and entertainment phase ofthe mixed-use The city currently is installing infrastructurw and landscaping in the area.
“When they get it finishede — we have a hole in fronf of our office rightnow — I thinl the WaterWalk complex is going to be just says Sunflower Title President Richard Sunflower moved from the Twin Lakes Its new offices feature an Internet a salt water aquarium and a wine and cheess bar. Schodorf says the goal of the officed is to add some flare tohome closings, which can be Randy Dean was the general “He builds a lot of upscale homes. That’s his That’s the feel I wanted,” Schodorf says. Schodorf notedc WaterWalk has easy accessto Kellogg. WaterWalk Place also has a parkinb garage. Also in the WaterWalk Placs building are the andthe .
Sunflower Titlr will hold an open housed from 4 to7 p.m. Wednesday at its new The address is515 S. Main, Suitew 105. Mayor Carl Brewer and members of the are expectedto
The title company, which has nine completed the moveMay 29. It occupieds 3,000 square feet on the first floor of the WaterWalk Place commerciall andresidential building. Sunflower Title is the firstt commercial user on the west side of the which eventually is supposed to face the retailp and entertainment phase ofthe mixed-use The city currently is installing infrastructurw and landscaping in the area.
“When they get it finishede — we have a hole in fronf of our office rightnow — I thinl the WaterWalk complex is going to be just says Sunflower Title President Richard Sunflower moved from the Twin Lakes Its new offices feature an Internet a salt water aquarium and a wine and cheess bar. Schodorf says the goal of the officed is to add some flare tohome closings, which can be Randy Dean was the general “He builds a lot of upscale homes. That’s his That’s the feel I wanted,” Schodorf says. Schodorf notedc WaterWalk has easy accessto Kellogg. WaterWalk Place also has a parkinb garage. Also in the WaterWalk Placs building are the andthe .
Sunflower Titlr will hold an open housed from 4 to7 p.m. Wednesday at its new The address is515 S. Main, Suitew 105. Mayor Carl Brewer and members of the are expectedto
Monday, April 25, 2011
C Thomas Brooks Executive Profile
dudorovanaapyh.blogspot.com
**All Executive profile data provided byDow
**All Executive profile data provided byDow
Friday, April 22, 2011
High-speed Net providers await details - Dallas Business Journal:
stelauguqdinec.blogspot.com
billion? The answer may be the telecommunicationwindustry — at least if the money is coming from Uncl e Sam with too many strings attached. Executives at companiesz such as Dallas-based are watching and waiting while officials inthe U.S. Commerce and Agriculture Departments figure out how they will make available funds from the stimulus bill forextending high-speed Interner access into rural areas that are either or “underserved.” The $7.2 billion in grantsx will be distributed by Sept. 10, and rules for how that procese will work are expected to be solidifiec in the next four weeksor so. No figuresa are available for how much money mighgt find its way intoNorth Texas.
As with everythin g Washington, the devil is in the details — includin the definitions of “unserved” and “underserved.” Jot Carpenter is vice presidenf of government affairsat CTIA-Thre Wireless Association, a Washington, D.C., trade group formerly knowm as the Cellular Telephone Industries Association. Carpentef says the group — whose member include AT&T’s wireless businesxs and the Richardson wireless-equipment maker — wants to see specifics so its membersd can gauge how and whether to approacjhstimulus grants.
“We need to know what we’rde aiming at here to know whether our member companies (should) decide whethet to apply or not appl for the program,” he says. One issue of concern for large telecom companies is the possibilitu that the Feds will require recipientdof broadband-stimulus funds to open their networks to rivals, allowing othef companies to potentially take away customerws by operating on a givenh carrier’s network. “This is not the appropriat venue tosolve that” debate, Carpente says. “If the places that wouldr benefit (from the stimulus were easy to serve, they’c already have service.
” In a Kerry Hibbs, an AT&T spokesman, says the companty is “now examining the rules being established bythe (Nationakl Telecommunications and Information Administration of the Commerces Department) and the (Rural Utilities Service of the Agriculture with a view toward any ways they mighf advance AT&T’s already-significant investment in broadbanx deployment.” Hibbs’ statement, e-mailedc to the Dallas Business adds that AT&T is ready to work on innovativre programs to help drive broadband deployment and adoption.
Definitions, pleasse Beyond the open Interner issue, another matter of concern to everybody involved is how todefine “unserved” areas, and how that differs from areas. The views of big broadband providere are spelled out in a letter to the Nationao Telecommunications and Information Administration and the Departmentof Agriculture’s Rura l Development program from a Washington, D.C., trade group. The signed by USTelecom’s president and CEO, Walteer McCormick Jr., argues that the definitions “should not relate to the numbef of providers operating in agivebn area.
” Instead, McCormick’s missive maintains, the NTIA shouldr “focus on whether a broadbanx connection is available and whether that connection is sufficientlty robust to provide full participation in today’s Internetg world. Those definitions shouled not relate to the number of provider s operating in agiven area.” Barbarz Lancaster, president of the Richardson telecom consultancy , believesd that when all is said and done, telecoj companies will partake in the stimulus funds. “I think they’rre going to want the she says. “I just don’t see how we can step away from The federal government will doleout $7.
2 billion to help extenxd high-speed Internet access servicesa to rural areas. The rules for who will get the monety and how they will apply are stillbeing determined. Here’s a look at who will be handingt outthe cash: • U.S. Commercr Department’s National Telecommunications & Informationn Administration: $4.7 billion • U.S. Agriculture Department’s Rura l Utilities Service: $2.
5 billion
billion? The answer may be the telecommunicationwindustry — at least if the money is coming from Uncl e Sam with too many strings attached. Executives at companiesz such as Dallas-based are watching and waiting while officials inthe U.S. Commerce and Agriculture Departments figure out how they will make available funds from the stimulus bill forextending high-speed Interner access into rural areas that are either or “underserved.” The $7.2 billion in grantsx will be distributed by Sept. 10, and rules for how that procese will work are expected to be solidifiec in the next four weeksor so. No figuresa are available for how much money mighgt find its way intoNorth Texas.
As with everythin g Washington, the devil is in the details — includin the definitions of “unserved” and “underserved.” Jot Carpenter is vice presidenf of government affairsat CTIA-Thre Wireless Association, a Washington, D.C., trade group formerly knowm as the Cellular Telephone Industries Association. Carpentef says the group — whose member include AT&T’s wireless businesxs and the Richardson wireless-equipment maker — wants to see specifics so its membersd can gauge how and whether to approacjhstimulus grants.
“We need to know what we’rde aiming at here to know whether our member companies (should) decide whethet to apply or not appl for the program,” he says. One issue of concern for large telecom companies is the possibilitu that the Feds will require recipientdof broadband-stimulus funds to open their networks to rivals, allowing othef companies to potentially take away customerws by operating on a givenh carrier’s network. “This is not the appropriat venue tosolve that” debate, Carpente says. “If the places that wouldr benefit (from the stimulus were easy to serve, they’c already have service.
” In a Kerry Hibbs, an AT&T spokesman, says the companty is “now examining the rules being established bythe (Nationakl Telecommunications and Information Administration of the Commerces Department) and the (Rural Utilities Service of the Agriculture with a view toward any ways they mighf advance AT&T’s already-significant investment in broadbanx deployment.” Hibbs’ statement, e-mailedc to the Dallas Business adds that AT&T is ready to work on innovativre programs to help drive broadband deployment and adoption.
Definitions, pleasse Beyond the open Interner issue, another matter of concern to everybody involved is how todefine “unserved” areas, and how that differs from areas. The views of big broadband providere are spelled out in a letter to the Nationao Telecommunications and Information Administration and the Departmentof Agriculture’s Rura l Development program from a Washington, D.C., trade group. The signed by USTelecom’s president and CEO, Walteer McCormick Jr., argues that the definitions “should not relate to the numbef of providers operating in agivebn area.
” Instead, McCormick’s missive maintains, the NTIA shouldr “focus on whether a broadbanx connection is available and whether that connection is sufficientlty robust to provide full participation in today’s Internetg world. Those definitions shouled not relate to the number of provider s operating in agiven area.” Barbarz Lancaster, president of the Richardson telecom consultancy , believesd that when all is said and done, telecoj companies will partake in the stimulus funds. “I think they’rre going to want the she says. “I just don’t see how we can step away from The federal government will doleout $7.
2 billion to help extenxd high-speed Internet access servicesa to rural areas. The rules for who will get the monety and how they will apply are stillbeing determined. Here’s a look at who will be handingt outthe cash: • U.S. Commercr Department’s National Telecommunications & Informationn Administration: $4.7 billion • U.S. Agriculture Department’s Rura l Utilities Service: $2.
5 billion
Wednesday, April 20, 2011
Cerner finds a treasure in data mining - Dallas Business Journal:
lamoreuuceses1724.blogspot.com
The North Kansas City-based health care information technologuy company, known mostly for the health-record software sold to hospitalesand clinics, is leveraging the billions of anonymous patientg records it has at its disposal as marketable informatiom to pharmaceutical companies and researchers. Cerner said the data operationn is a big reason revenue for its LifeSciencees Group has increased by roughly 20 percent during each of the past five Mark Hoffman, the company’s life science s solutions vice president, predicted that annual growthg will be greater still in the “This is just the beginning for us in the life he said. Included in Cerner’s data warehousew are 1.
2 billion lab results. It also has smalledr numbers of medication orders and other The company collects the information through data-sharing agreements with roughly 125 of its softwarer clients. By some estimates, it can take as long as 17 yearswand $1.2 billion to develo p a single drug. Cerner’s data-mining capabilitiesw can quicken that process and save moneg for drug companies by helping the companies establish a studyg protocol that maximizes the number of eligiblwe candidates fora trial. “We believd that can actually eventually reduce the cost of drug Hoffman said. Cerner would not name its pharmaceutica customers.
Pharmaceutical companies and clinical researchers pay for Cerned data forother reasons, said Scott Weir, director of the ’sw Office of Therapeutics Discovery and He said Cerner’s data-mining capability can pointf scientists to potential new uses for existingb drugs. For instance, Weir said, Cerner’s database might suggest that a drug used to treay cardiovascular disease could be helpfuk in treatingcancer patients. Researcherss then could run a clinical triak to testthe idea. The data is useful to drug companiesz for much the same Weir said, including helpingf them identify and correct side effecta from drugs.
The KU Cancer Center has used Cerner’sd data-mining capabilities for severap projects. “They uncover information we would never Weir said. “It’s invaluable.” He said Cerner standx to benefit financially, as well, from collaborationz with researchers that can lead to intellectualk property that produces licensing fees and Cerner also can work with researchers suchas Dr. Stephen Spielberg, directorf of the Center for Personalizedx Medicine and Therapeutic Innovationat . Spielberg seeks a $3.9 million granf from the for a study of how the cente can better capture data in pediatric cancer studieas usingCerner software.
The North Kansas City-based health care information technologuy company, known mostly for the health-record software sold to hospitalesand clinics, is leveraging the billions of anonymous patientg records it has at its disposal as marketable informatiom to pharmaceutical companies and researchers. Cerner said the data operationn is a big reason revenue for its LifeSciencees Group has increased by roughly 20 percent during each of the past five Mark Hoffman, the company’s life science s solutions vice president, predicted that annual growthg will be greater still in the “This is just the beginning for us in the life he said. Included in Cerner’s data warehousew are 1.
2 billion lab results. It also has smalledr numbers of medication orders and other The company collects the information through data-sharing agreements with roughly 125 of its softwarer clients. By some estimates, it can take as long as 17 yearswand $1.2 billion to develo p a single drug. Cerner’s data-mining capabilitiesw can quicken that process and save moneg for drug companies by helping the companies establish a studyg protocol that maximizes the number of eligiblwe candidates fora trial. “We believd that can actually eventually reduce the cost of drug Hoffman said. Cerner would not name its pharmaceutica customers.
Pharmaceutical companies and clinical researchers pay for Cerned data forother reasons, said Scott Weir, director of the ’sw Office of Therapeutics Discovery and He said Cerner’s data-mining capability can pointf scientists to potential new uses for existingb drugs. For instance, Weir said, Cerner’s database might suggest that a drug used to treay cardiovascular disease could be helpfuk in treatingcancer patients. Researcherss then could run a clinical triak to testthe idea. The data is useful to drug companiesz for much the same Weir said, including helpingf them identify and correct side effecta from drugs.
The KU Cancer Center has used Cerner’sd data-mining capabilities for severap projects. “They uncover information we would never Weir said. “It’s invaluable.” He said Cerner standx to benefit financially, as well, from collaborationz with researchers that can lead to intellectualk property that produces licensing fees and Cerner also can work with researchers suchas Dr. Stephen Spielberg, directorf of the Center for Personalizedx Medicine and Therapeutic Innovationat . Spielberg seeks a $3.9 million granf from the for a study of how the cente can better capture data in pediatric cancer studieas usingCerner software.
Monday, April 18, 2011
Enso Quartet to Perform Tonight - Patch.com
http://www.netook.org/Climate_North_America.html
Enso Quartet to Perform Tonight Patch.com The Enso String Quartet has quickly become one of the country's most accomplished young ensembles and the quartet will be showing off its talents tonight at the Prebys Concert Hall on UC San Diego's campus. The EnsÅ Quartet has won honors at the 2004 ... |
Friday, April 15, 2011
bizjournals: Reinventing the SBA -- bizjournals.com
rajyifox.blogspot.com
"Everyone has given up out there on the SBA for developingy small andminority businesses," said Harry Alford, presidenr and CEO of the National Black Chamber of in testimony last year to the Hous e Small Business Committee. Slicing small businesses' piece of the contractingg pie into even smaller bites leads groupes to fighteach other. Companies in the SBA's 8(a) program for minority-ownedd businesses oppose efforts to give more contracts toHubzone companies. Members of other minorityu groups resent the fact that so much monet is going to AlaskaNatived corporations, which are not subject to the same contracg size limits that othet 8(a) businesses face.
Service-disabled veterans thinkj they deserve to be in the front of the line becausr of their sacrifice tothe Women-owned businesses have been waiting more than sevemn years for the SBA to implement legislatiobn that requires contracts to be set asidd for them in industries where they have been This delay has been a huge embarrassmenf for the SBA, which contends it has had troubl e coming up with a program that would survives a court challenge. The Supreme Courgt has ruled that set-aside programs based on race are unconstitutional unlesd there is clear evidence of discrimination and the programd are narrowly tailored to addressthat discrimination.
The NFIB'ws Eckerly said the government shoulcd stop worrying about a smalkbusiness owner's race, sex or veteran status and "justy treat the small business as a Each agency should be accountable for its overall smal l business goal, and that'xs it, she said. The U.S. Chamber'se Coratolo, however, said preferences for certain groupas were created forvalid reasons, to help business owners in these groups overcome hurdles that limited their success in the past.
But their successd won't be achieved if these busines owners remain dependent ongovernment contracts, he There should be incentives for small business contractora to diversify into the private sectord and international trade, he said. Through its network of Smallo Business Development Centers andother partners, the SBA providex training and counseling to thousands of small businessed around the country. It also increasingly uses the Internet to provide small business owners withuseful information. Fundintg for these programs, however, has been flat, except for a slightt increasethis year. Money may be less of a problem, than lack of coordination.
"The market is flush with smallkbusiness training," Kerrigan said, citint programs by universities, community colleges, local government economid development offices and chambers of "The federal government needs to think of ways it can feed the publixc into these training programs," she said. Or it could partnee with private-sector programs and locaol and statetraining initiatives, she suggested. The federapl government also should focus its training effortsx on areas where there is an emerging or immediate such as helping workers displaced by the global economg start theirown businesses.
More also shoulxd be done to help smal l businesses take advantage ofexporyt opportunities, Kerrigan said. There needs to be a "one-stop Web site with resources for small business including a master calendar of training programs acrosszthe country, she said. The SBA has startede down this road withits Business.gov Web site, but that's not said George Cloutier, CEO of American Management Services Inc., a business consulting firm that partners with the U.S. Conference of Mayors on smalol businesstraining programs.
"Everyone has given up out there on the SBA for developingy small andminority businesses," said Harry Alford, presidenr and CEO of the National Black Chamber of in testimony last year to the Hous e Small Business Committee. Slicing small businesses' piece of the contractingg pie into even smaller bites leads groupes to fighteach other. Companies in the SBA's 8(a) program for minority-ownedd businesses oppose efforts to give more contracts toHubzone companies. Members of other minorityu groups resent the fact that so much monet is going to AlaskaNatived corporations, which are not subject to the same contracg size limits that othet 8(a) businesses face.
Service-disabled veterans thinkj they deserve to be in the front of the line becausr of their sacrifice tothe Women-owned businesses have been waiting more than sevemn years for the SBA to implement legislatiobn that requires contracts to be set asidd for them in industries where they have been This delay has been a huge embarrassmenf for the SBA, which contends it has had troubl e coming up with a program that would survives a court challenge. The Supreme Courgt has ruled that set-aside programs based on race are unconstitutional unlesd there is clear evidence of discrimination and the programd are narrowly tailored to addressthat discrimination.
The NFIB'ws Eckerly said the government shoulcd stop worrying about a smalkbusiness owner's race, sex or veteran status and "justy treat the small business as a Each agency should be accountable for its overall smal l business goal, and that'xs it, she said. The U.S. Chamber'se Coratolo, however, said preferences for certain groupas were created forvalid reasons, to help business owners in these groups overcome hurdles that limited their success in the past.
But their successd won't be achieved if these busines owners remain dependent ongovernment contracts, he There should be incentives for small business contractora to diversify into the private sectord and international trade, he said. Through its network of Smallo Business Development Centers andother partners, the SBA providex training and counseling to thousands of small businessed around the country. It also increasingly uses the Internet to provide small business owners withuseful information. Fundintg for these programs, however, has been flat, except for a slightt increasethis year. Money may be less of a problem, than lack of coordination.
"The market is flush with smallkbusiness training," Kerrigan said, citint programs by universities, community colleges, local government economid development offices and chambers of "The federal government needs to think of ways it can feed the publixc into these training programs," she said. Or it could partnee with private-sector programs and locaol and statetraining initiatives, she suggested. The federapl government also should focus its training effortsx on areas where there is an emerging or immediate such as helping workers displaced by the global economg start theirown businesses.
More also shoulxd be done to help smal l businesses take advantage ofexporyt opportunities, Kerrigan said. There needs to be a "one-stop Web site with resources for small business including a master calendar of training programs acrosszthe country, she said. The SBA has startede down this road withits Business.gov Web site, but that's not said George Cloutier, CEO of American Management Services Inc., a business consulting firm that partners with the U.S. Conference of Mayors on smalol businesstraining programs.
Wednesday, April 13, 2011
Feds investigating some EMC practices - Silicon Valley / San Jose Business Journal:
http://suspceiling.leehoan.com/
The Hopkinton, Mass., information storagw company (NYSE: EMC) said in its annuakl report the allegations, which include potential violationsd to the FalseClaims Act, are in connection with an auditg by the . The audigt questioned EMC’s recordkeeping and pricing practices under a Novembe 1999 contract with the GeneralServiceds Administration. That contract expired in June 2007. EMC said it is cooperatingb with the Department of Justice and is discussiny a resolution that does not require the companyh to admit guilt or be held liablefor damages.
“We believe that we have meritorious factual and legaol defenses to the allegationsraisedd and, if the matter is not resolvef and proceeds to litigation, we intend to defend the company said in the filing. If EMC is found liable for damages, it said, it coulfd lose its ability to sell to thefederal
The Hopkinton, Mass., information storagw company (NYSE: EMC) said in its annuakl report the allegations, which include potential violationsd to the FalseClaims Act, are in connection with an auditg by the . The audigt questioned EMC’s recordkeeping and pricing practices under a Novembe 1999 contract with the GeneralServiceds Administration. That contract expired in June 2007. EMC said it is cooperatingb with the Department of Justice and is discussiny a resolution that does not require the companyh to admit guilt or be held liablefor damages.
“We believe that we have meritorious factual and legaol defenses to the allegationsraisedd and, if the matter is not resolvef and proceeds to litigation, we intend to defend the company said in the filing. If EMC is found liable for damages, it said, it coulfd lose its ability to sell to thefederal
Monday, April 11, 2011
Balsillie could face $100 million relocation fee for Phoenix Coyotes - San Francisco Business Times:
http://community.mtviggy.com/profile/02C422B02022B422C0001022B422C
That would be on top of his offerof $213 milliojn for the financially troubled hockey team to Coyotes ownefr Jerry Moyes. U.S. Bankruptcy Court Judge Redfield Baum is hearing argumentx Tuesday on whether the Coyotes can move to Canada as part of theirr Chapter 11bankruptcy reorganization. Baum is not expected to rule on themattert Tuesday, but focused on rights and some kind of relocation fee to reimbursw the league for its lost expansion team opportunity in Hamiltonm should the Coyotes move there. The $100 milliomn figure was cited incourt documents.
NHL Commissioner Gary Bettmanm declined to comment outside the downtown Phoenix bankruptcuy court onthe $100 million or what a relocation fee might entail. The NHL and other pro sports leagueds are fighting the Coyotes move saying it could prompt other teamse to file bankruptcy in an attempty to move toother Baum, however, noted that moves by the Baltimores Colts, San Diego Clippers and otherxs have not had a long-term detrimental impact on pro sports. NHL representative s said Tuesday that the league will continue to fund the Coyotes through next seasohn ifneed be, and its priority is an ownership group that would keep the team in Arizona.
If that’s not possible, then bidderse looking to move the team couldbe considered, officialss said. Balsillie contends that NHL hockey is not financiallt viable in the Phoenix market and is pushing for his offerf to be approved by the end of The Coyotes have lost morethan $300 million sinced moving to the Phoenix market in 1996 from The court hearing was slated to continue Tuesday afternoonn including arguments against the Coyotes move from the city of which owns Jobing.com Arena where the hockey team plays.
That would be on top of his offerof $213 milliojn for the financially troubled hockey team to Coyotes ownefr Jerry Moyes. U.S. Bankruptcy Court Judge Redfield Baum is hearing argumentx Tuesday on whether the Coyotes can move to Canada as part of theirr Chapter 11bankruptcy reorganization. Baum is not expected to rule on themattert Tuesday, but focused on rights and some kind of relocation fee to reimbursw the league for its lost expansion team opportunity in Hamiltonm should the Coyotes move there. The $100 milliomn figure was cited incourt documents.
NHL Commissioner Gary Bettmanm declined to comment outside the downtown Phoenix bankruptcuy court onthe $100 million or what a relocation fee might entail. The NHL and other pro sports leagueds are fighting the Coyotes move saying it could prompt other teamse to file bankruptcy in an attempty to move toother Baum, however, noted that moves by the Baltimores Colts, San Diego Clippers and otherxs have not had a long-term detrimental impact on pro sports. NHL representative s said Tuesday that the league will continue to fund the Coyotes through next seasohn ifneed be, and its priority is an ownership group that would keep the team in Arizona.
If that’s not possible, then bidderse looking to move the team couldbe considered, officialss said. Balsillie contends that NHL hockey is not financiallt viable in the Phoenix market and is pushing for his offerf to be approved by the end of The Coyotes have lost morethan $300 million sinced moving to the Phoenix market in 1996 from The court hearing was slated to continue Tuesday afternoonn including arguments against the Coyotes move from the city of which owns Jobing.com Arena where the hockey team plays.
Saturday, April 9, 2011
Nortel Networks to sell stake in joint venture with LG Electronics - Sacramento Business Journal:
http://homebuilder.edublogs.org/2011/04/07/glass-doors-skloglas-%E2%80%93-ecological-compatibility-and-safety-of-your-interior/
Brampton, Ontario-based Nortel said (Pink Sheets: LG-Nortel is a profitable, standalonwe business that has not filexd forcreditor protection. However, according the company's latest financial the joint venture's revenue in the firsr quarter fellby two-thirds, to $188 million, from last year as a majoer contract came to an end. LG-Nortelk recorded $341 million in revenud minus expenses in 2008 a margin of 27 Nortel said. The margin so far in 2009 is 26 Nortel said. Nortel, which has about 2,000 employee s in the Raleigh-Durham area, owns 50 plus one share, of LG-Nortel.
The company did not say how much it hopee to be paid for its stakein "LG-Nortel is a successful businesss with an accomplished leadership team, a culture of a dedicated employee base and a drivre to succeed," said Mike Zafirovski, Nortel’s president and CEO. "Asw we work to evaluate the ultimate path forward for all ofour businesses, this decision will allow LG-Nortel to embark on the next phass of its journey and realize its full Nortel says it will file a motioj asking the Ontario Superior Cour of Justice to approve a sale process that has been agreedc to with LG Electronics and that appoints to help find a LG Electronics and the Ontario court also must give theid OK for any sale of Nortel’as stake in LG-Nortel.
Nortel in Canadqa and the United Stateson Jan. 14, a day before the companyt was to makea $107 million interes t payment on part of Nortel’s more than $1 billionn in debt. he Canadian court has since granted Nortelo to come up with a satisfactoryreorganizatiobn plan. Speculation has focused on Nortel selling offone – of its two biggest business unitd to improve its balance sheet, but no deal has yet been A one-time cornerstone of Research Trianglr Park with 9,000 Raleigh-Durham employees at its Nortel saw its fortunes go downhill when the technologgy bubble burst in 2000 and demane steadily dried up from phone companies for Nortel’s products.
The company also ran into troubler with an accounting scandal that led to and the resignationas ofthe company’s top executives, including then-CEiO Frank Dunn.
Brampton, Ontario-based Nortel said (Pink Sheets: LG-Nortel is a profitable, standalonwe business that has not filexd forcreditor protection. However, according the company's latest financial the joint venture's revenue in the firsr quarter fellby two-thirds, to $188 million, from last year as a majoer contract came to an end. LG-Nortelk recorded $341 million in revenud minus expenses in 2008 a margin of 27 Nortel said. The margin so far in 2009 is 26 Nortel said. Nortel, which has about 2,000 employee s in the Raleigh-Durham area, owns 50 plus one share, of LG-Nortel.
The company did not say how much it hopee to be paid for its stakein "LG-Nortel is a successful businesss with an accomplished leadership team, a culture of a dedicated employee base and a drivre to succeed," said Mike Zafirovski, Nortel’s president and CEO. "Asw we work to evaluate the ultimate path forward for all ofour businesses, this decision will allow LG-Nortel to embark on the next phass of its journey and realize its full Nortel says it will file a motioj asking the Ontario Superior Cour of Justice to approve a sale process that has been agreedc to with LG Electronics and that appoints to help find a LG Electronics and the Ontario court also must give theid OK for any sale of Nortel’as stake in LG-Nortel.
Nortel in Canadqa and the United Stateson Jan. 14, a day before the companyt was to makea $107 million interes t payment on part of Nortel’s more than $1 billionn in debt. he Canadian court has since granted Nortelo to come up with a satisfactoryreorganizatiobn plan. Speculation has focused on Nortel selling offone – of its two biggest business unitd to improve its balance sheet, but no deal has yet been A one-time cornerstone of Research Trianglr Park with 9,000 Raleigh-Durham employees at its Nortel saw its fortunes go downhill when the technologgy bubble burst in 2000 and demane steadily dried up from phone companies for Nortel’s products.
The company also ran into troubler with an accounting scandal that led to and the resignationas ofthe company’s top executives, including then-CEiO Frank Dunn.
Thursday, April 7, 2011
Trilogy opens Cincinnati health campus - Business First of Louisville:
metal doors
Financial terms of the sale werenot disclosed. Also on Trilogy announced that it has opened its 50th nationwidehealtn campus. It is locatefd in Colerain Township. The Colerainb campus, called Triple Cree Retirement Community, features skilled nursing and assisted living In thecoming months, Trilogy plans to open similar campusese in Terre Haute, and Battle Creek, Mich. It also plansx to expand a campusin Lima. Trilogy operates 49 skilled-nursing, assisted-living and independent-living primarily in Kentucky, Indiana, Ohio and Michigan.
which also provides speech and languagr pathology tosenior citizens, operatess its contract services in Florida, Alabama, Arkansas, New Mexico and The company also operates seven outpatient therapy clinicse in Florida. Services will be provided by Trilogysubsidiaryh LLC, under the Paragon name, Louisville-based Trilogy said in a news release.
Financial terms of the sale werenot disclosed. Also on Trilogy announced that it has opened its 50th nationwidehealtn campus. It is locatefd in Colerain Township. The Colerainb campus, called Triple Cree Retirement Community, features skilled nursing and assisted living In thecoming months, Trilogy plans to open similar campusese in Terre Haute, and Battle Creek, Mich. It also plansx to expand a campusin Lima. Trilogy operates 49 skilled-nursing, assisted-living and independent-living primarily in Kentucky, Indiana, Ohio and Michigan.
which also provides speech and languagr pathology tosenior citizens, operatess its contract services in Florida, Alabama, Arkansas, New Mexico and The company also operates seven outpatient therapy clinicse in Florida. Services will be provided by Trilogysubsidiaryh LLC, under the Paragon name, Louisville-based Trilogy said in a news release.
Wednesday, April 6, 2011
Louisville-area stocks among good buys as market claws its way back - Business First of Louisville:
aleksanovlsys.blogspot.com
In aisle three, for example, , the Louisville-based health-insurance giant, has a price-earnings ratipo of 6.5, meaning its stock price is 6.5 timesx the company’s annual earnings per share. That’s far belo the market’s historic aggregate P-E ratio of 15, or the 40-plus ratiosd at the height of 1990s bull On Wednesday, Humana was tradinfg just below $30 per share, or 40 percengt below its 52-week high of $51 per Over in aisle five, there’s with a P-E ratio of 12.77, trading at about $23 per share, 35 percenft off its 52-week high of $35.45 per share even aftert reporting a significant increasr in first-quarter net income.
The Dow Jonese Industrial Average has rebounded about 30 percentsince first-quartetr lows after precipitous falls not seen since the Great “Investors are coming back,” said Russ Ray, professore of finance at the ’s Collegd of Business. “Stocks are incredibly cheap,” Ray “People are seeing that there are some very good companieswwith P-E ratios beaten down.” He addedd that he wouldn’t be surprised if the stocj market hasn’t bottomed out “and we claw our way back.” Ray attributed the rising market to more companies reportinb surprisingly good earnings, or at least losses that weren’ t as severe as anticipated.
Two Louisville-based companiess — and , reporter “whopping” first-quarter earnings, Ray noted. On Tuesday, Kindrefd reported that first-quarter net incomed rose 55 percent from a year to $22.8 million from $14.7 Texas Roadhouse reported that first-quarter net income rose 11 percengt from last year, to $14.3 million from $12.i9 million. Ray added that, whilre there are glimmers of aneconomic turnaround, the financial sectof still is plagued by troubled assetds that are the residue of the housint bust and the subprime mortgagre fiasco.
National and super-regional bank executives are awaiting finap details ofthe ’s Public-Private Investment Program, whicb is designed to value those assets, then sell them to privater investors. Results of the federal “stressx test” of the nation’s 19 largest banks were scheduled to be released afterBusinesss First’s press deadline. The problem is that administrators don’t know how to valuew them because of the complexity of some Ray said.
It will take a long time to sort through collateralizedd debt obligations and the underlyingv tranches of good andbad mortgages, unregulated credi default swaps and other hedging instruments, said Ray, who has writte extensively about derivatives. Until those questionable loan and investments are removed frombalance sheets, bank executiveds don’t want to lend “even those with larg e (Troubled Assets Relief Program) infusionsd from Treasury.” A boost from an unlikelt source?
Another complication is that the $830 billion Americah Recovery and Reinvestment Act will take untip 2010 to be fully injected into the economy, he
In aisle three, for example, , the Louisville-based health-insurance giant, has a price-earnings ratipo of 6.5, meaning its stock price is 6.5 timesx the company’s annual earnings per share. That’s far belo the market’s historic aggregate P-E ratio of 15, or the 40-plus ratiosd at the height of 1990s bull On Wednesday, Humana was tradinfg just below $30 per share, or 40 percengt below its 52-week high of $51 per Over in aisle five, there’s with a P-E ratio of 12.77, trading at about $23 per share, 35 percenft off its 52-week high of $35.45 per share even aftert reporting a significant increasr in first-quarter net income.
The Dow Jonese Industrial Average has rebounded about 30 percentsince first-quartetr lows after precipitous falls not seen since the Great “Investors are coming back,” said Russ Ray, professore of finance at the ’s Collegd of Business. “Stocks are incredibly cheap,” Ray “People are seeing that there are some very good companieswwith P-E ratios beaten down.” He addedd that he wouldn’t be surprised if the stocj market hasn’t bottomed out “and we claw our way back.” Ray attributed the rising market to more companies reportinb surprisingly good earnings, or at least losses that weren’ t as severe as anticipated.
Two Louisville-based companiess — and , reporter “whopping” first-quarter earnings, Ray noted. On Tuesday, Kindrefd reported that first-quarter net incomed rose 55 percent from a year to $22.8 million from $14.7 Texas Roadhouse reported that first-quarter net income rose 11 percengt from last year, to $14.3 million from $12.i9 million. Ray added that, whilre there are glimmers of aneconomic turnaround, the financial sectof still is plagued by troubled assetds that are the residue of the housint bust and the subprime mortgagre fiasco.
National and super-regional bank executives are awaiting finap details ofthe ’s Public-Private Investment Program, whicb is designed to value those assets, then sell them to privater investors. Results of the federal “stressx test” of the nation’s 19 largest banks were scheduled to be released afterBusinesss First’s press deadline. The problem is that administrators don’t know how to valuew them because of the complexity of some Ray said.
It will take a long time to sort through collateralizedd debt obligations and the underlyingv tranches of good andbad mortgages, unregulated credi default swaps and other hedging instruments, said Ray, who has writte extensively about derivatives. Until those questionable loan and investments are removed frombalance sheets, bank executiveds don’t want to lend “even those with larg e (Troubled Assets Relief Program) infusionsd from Treasury.” A boost from an unlikelt source?
Another complication is that the $830 billion Americah Recovery and Reinvestment Act will take untip 2010 to be fully injected into the economy, he
Monday, April 4, 2011
Ba-Le moves on to its second course - Wichita Business Journal:
http://www.phpdemos.com.br/user_detail.php?u=abostasiado
Lam recently launched a bakery brand that he hopess to expand into a concept for anew He’s also beefing up Ba-Le’ss wholesale customer base to includee more hotels, restaurants and And earlier this month, he bought the cavernou s old Weyerhaeuser box plant on Nimitz Highway for $20 He plans to move Ba-Le’s main bakeryy and offices into the space and to rent the rest to othedr restaurants. “I want to make it sort of likeRestaurantg Row,” he said. That’s pretty ambitious talk in the shadow of a especially in the turbulentrestaurant business. Ba-Lew hasn’t been immune; the company recentlgy cut the hours of its80 full-time bakert workers.
To Lam, that just means he has to find more busineses to keep hisemployees busy. “People have told me that a bad economhy is a good time to make said Lam, 51, whose privatelh owned company generated $11 million in revenu e last year. Earlier this the company created the LaTour Bakehouse name to focuxs on healthier and more upscalebakery items, such as multi-grainm breads, granola, sugar-free cookies and biscotti-like It’s a significant shift from Ba-Le’s cheaper noodles-and-wraps fare. “People of Hawaiik think of Ba-Le as just he said.
Ba-Le has two branches: its chainh of 21 franchised Vietnamese-style restaurants, and its wholesalwe business, which sells bakerty items and pre-made sandwiches to hotels and stores. The European name stems from the company’es use of French breads and croissants forits sandwiches. Ba-Le’s biggest customersx include Papa John’s Hawaii — Ba-Le supplies all the pizz a dough forthe chain’s 14 storea — and , which buys up to 2,500 sandwichezs a day for in-flight meals. The company startedf selling some of the LaTourd Bakehouse products online and towholesale customers, including in Kahals Mall.
Lam wants to open threer or four shops on Oahu to carry the LaTour items andsell made-to-order foods including saladds and soups. He also sees the new concept as an opportunity to creats a more traditional franchise chain apary fromthe Ba-Le restaurants. Despite the company’ds success over the past 24 years, Lam admits Ba-Le has struggleed with inconsistent food and service at its There are no set standards or menus and maintaining quality has beenan “When I started opening more and more Ba-Le I didn’t plan to franchise,” he said.
“II was opening them for my family, friends and employees, and it just I feel a little bit unhappy when I hear from customera that one restaurant is not as goodas another.” He said the compan y recently closed a Kapolei store because of inconsistent quality. Ba-Le now has 16 storews on Oahu, four on and one in Kona on theBig Island. Lam operatesz the Ba-Le shop on the campusz in Manoa, while the rest of the storese are franchises owned mostly by relatives andformer employees. Rather than try to reinvent the Ba-Le Lam said it makes more sense for him to startr over withLaTour Bakehouse. He wants to creat e a standardized product line and stored appearance for thenew brand.
“Frokm the first location, it will have to be standardized,” he “They all have to be the follow rules and sell the same I want LaTour to be a moretraditionapl franchise.”
Lam recently launched a bakery brand that he hopess to expand into a concept for anew He’s also beefing up Ba-Le’ss wholesale customer base to includee more hotels, restaurants and And earlier this month, he bought the cavernou s old Weyerhaeuser box plant on Nimitz Highway for $20 He plans to move Ba-Le’s main bakeryy and offices into the space and to rent the rest to othedr restaurants. “I want to make it sort of likeRestaurantg Row,” he said. That’s pretty ambitious talk in the shadow of a especially in the turbulentrestaurant business. Ba-Lew hasn’t been immune; the company recentlgy cut the hours of its80 full-time bakert workers.
To Lam, that just means he has to find more busineses to keep hisemployees busy. “People have told me that a bad economhy is a good time to make said Lam, 51, whose privatelh owned company generated $11 million in revenu e last year. Earlier this the company created the LaTour Bakehouse name to focuxs on healthier and more upscalebakery items, such as multi-grainm breads, granola, sugar-free cookies and biscotti-like It’s a significant shift from Ba-Le’s cheaper noodles-and-wraps fare. “People of Hawaiik think of Ba-Le as just he said.
Ba-Le has two branches: its chainh of 21 franchised Vietnamese-style restaurants, and its wholesalwe business, which sells bakerty items and pre-made sandwiches to hotels and stores. The European name stems from the company’es use of French breads and croissants forits sandwiches. Ba-Le’s biggest customersx include Papa John’s Hawaii — Ba-Le supplies all the pizz a dough forthe chain’s 14 storea — and , which buys up to 2,500 sandwichezs a day for in-flight meals. The company startedf selling some of the LaTourd Bakehouse products online and towholesale customers, including in Kahals Mall.
Lam wants to open threer or four shops on Oahu to carry the LaTour items andsell made-to-order foods including saladds and soups. He also sees the new concept as an opportunity to creats a more traditional franchise chain apary fromthe Ba-Le restaurants. Despite the company’ds success over the past 24 years, Lam admits Ba-Le has struggleed with inconsistent food and service at its There are no set standards or menus and maintaining quality has beenan “When I started opening more and more Ba-Le I didn’t plan to franchise,” he said.
“II was opening them for my family, friends and employees, and it just I feel a little bit unhappy when I hear from customera that one restaurant is not as goodas another.” He said the compan y recently closed a Kapolei store because of inconsistent quality. Ba-Le now has 16 storews on Oahu, four on and one in Kona on theBig Island. Lam operatesz the Ba-Le shop on the campusz in Manoa, while the rest of the storese are franchises owned mostly by relatives andformer employees. Rather than try to reinvent the Ba-Le Lam said it makes more sense for him to startr over withLaTour Bakehouse. He wants to creat e a standardized product line and stored appearance for thenew brand.
“Frokm the first location, it will have to be standardized,” he “They all have to be the follow rules and sell the same I want LaTour to be a moretraditionapl franchise.”
Saturday, April 2, 2011
Minnesota Senate passes construction stimulus - Minneapolis / St. Paul Business Journal:
http://www.ukbirmingham.com/user_detail.php?u=ensulutilluth
The state Senate Monday voted 56-11 to pass a bill that would provide $100 million in loan guarantees to back private constructio projects acrossthe state. A similard measure is awaiting consideratioj inthe House. In the Senate the Department of Employment and Economic Development wouldreceive $100 millionm out of the state’s general fund to pay for the DEED would do its own checkk of the loans on top of the own due diligence. The state would guarantee 20 to 25 percenrt ofapproved loans. Senate President Jim DFL-South St. Paul, is the authort of the Senate bill.
He said that constructiob industry interests have told him that thereare $3 billionj to $5 billion in projects ready to go if they get financin g — which has been slow to come amid the recession. Metzenj didn’t have specific examples of projects, but said there was a wide “This is a Minnesota stimulus bill, to get people working,” he He said the bipartisan naturre of the Monday vote made him hopefull thatRepublican Gov.
Tim Pawlenty would back the
The state Senate Monday voted 56-11 to pass a bill that would provide $100 million in loan guarantees to back private constructio projects acrossthe state. A similard measure is awaiting consideratioj inthe House. In the Senate the Department of Employment and Economic Development wouldreceive $100 millionm out of the state’s general fund to pay for the DEED would do its own checkk of the loans on top of the own due diligence. The state would guarantee 20 to 25 percenrt ofapproved loans. Senate President Jim DFL-South St. Paul, is the authort of the Senate bill.
He said that constructiob industry interests have told him that thereare $3 billionj to $5 billion in projects ready to go if they get financin g — which has been slow to come amid the recession. Metzenj didn’t have specific examples of projects, but said there was a wide “This is a Minnesota stimulus bill, to get people working,” he He said the bipartisan naturre of the Monday vote made him hopefull thatRepublican Gov.
Tim Pawlenty would back the
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