MTV.com | Chris Brown Appears On 'Dancing With The Stars,' Fans React MTV.com While Chris Brown looks to rehab his image and promote his latest album FAME all while battling further allegations that he is still dealing with some lingering anger issues, the gifted yet beleaguered R&B singer took his down south charm and ... |
Wednesday, March 30, 2011
Chris Brown Appears On 'Dancing With The Stars,' Fans React - MTV.com
burwellmitubaes1369.blogspot.com
Monday, March 28, 2011
Taylor & Mathis takes leasing duties, agents from Advantis - Atlanta Business Chronicle:
viningocouqyl1601.blogspot.com
First, it took over leasiny duties on three Tampa properties it managesfrom Then, in a move aimeds at continuity, it hired the leasing agent s who worked for Advantis at those buildings. Ann Adams and Irene Martinez are set to joinTaylor & Mathis startinyg April 1. They will be responsible for leasing availabl space atOne MetroCenter, Center Point Businessa Park and Tampa Distribution The properties total 1.5 million square feet and are ownedx by Metropolitan Life Insurance Co. Taylor & Mathis have managed them sincr 1998. The Atlanta-based real estatd firm also manages the VerizonWireless Inc.
buildingh in Tampa and The Conceptsin "One of the main focuses of our business plan has been to expan d in the Tampa Bay market," said Andreaw Taylor, president of Taylof & Mathis. "This is certainly a big step inthat Adams, who will serve as managintg director of leasing, has been active in the localp commercial market since 1984. She previouslyg served with Paragon Group, for which she was in chargw of leasingOne MetroCenter, and was with Advantis for the past thre years. Martinez, who will serve as directod of leasing, began her real estate career in 1996 with Floridz RealEstate Advisors, which was acquired by The St. Joe Co.
in 1999 and mergec with an Atlanta firm to form She is credited with maintainingb occupancy levels greater than 95 percentat MetLife's locakl properties. Adams said Taylor & Mathis' focus on landlors representation was a deciding factor in herand Martinez'zs decisions to change firms. "Having one compan y handling both functions makes a lot of Adams said. "I'm leaving one excellent company for Taylor & Mathis, established in 1967, provides real estate services in the office and industrial sectors. It leases and manage a total portfolioof 9.4 million squar feet, including nearly 4 millionj in Florida.
No changew are in store at the Tampsa office of Grubb Ellis Co., although its New York-based parent recentluy announced job cuts and other overhead reduction. Grubb & Ellias employs about 30 at its Rocky Point saidJeff Sweeney, the company's regional manager for Tampaa and Orlando. The cost-saving measures aren't expected locally becausd both those offices are he said. "We're still growing both the central Florida Sweeney said. Grubb & Ellis announced the cost-cutting measures earliefr this month. The business advisorgy company stated that it expects to reduce overheardby $13.5 million annually and is lookingy for more ways to streamline Jones Lang LaSalle Inc.
has been retainecd to sell 29 retail big-box location s nationwide, including two in the Bay area. Sealeed bids will be accepted onthe properties, whicgh range between 32,000 and 135,000 square until April 12. The localo properties are at 800515th St. in Sarasotz with 118,849 square feet on 20 acres and at3600 U.S. 98 Northh in Lakeland with 111,322 squarre feet on 9.4 acres. More information is availablw online from Jones Lang LaSalleat , or by calling 527-2553, ext. 10. • TriMard Construction Inc. in Tampa was hires by Faller Davis & Associates Inc. to buildr a 10,000-square-foot engineering office at 5525 W. Cypresws St., Tampa. • Interior Design Servicez Inc.
will assist T. Rowe Price Services Inc. in its relocatiohn to Corporate Center Two at International Plazain Tampa. • Judy Genshaft, president of the Universityt ofSouth Florida, will address the Building Ownerx and Managers Association on March 27 at The Universityy Club in Tampa. For information, call (813) 866-3215.
First, it took over leasiny duties on three Tampa properties it managesfrom Then, in a move aimeds at continuity, it hired the leasing agent s who worked for Advantis at those buildings. Ann Adams and Irene Martinez are set to joinTaylor & Mathis startinyg April 1. They will be responsible for leasing availabl space atOne MetroCenter, Center Point Businessa Park and Tampa Distribution The properties total 1.5 million square feet and are ownedx by Metropolitan Life Insurance Co. Taylor & Mathis have managed them sincr 1998. The Atlanta-based real estatd firm also manages the VerizonWireless Inc.
buildingh in Tampa and The Conceptsin "One of the main focuses of our business plan has been to expan d in the Tampa Bay market," said Andreaw Taylor, president of Taylof & Mathis. "This is certainly a big step inthat Adams, who will serve as managintg director of leasing, has been active in the localp commercial market since 1984. She previouslyg served with Paragon Group, for which she was in chargw of leasingOne MetroCenter, and was with Advantis for the past thre years. Martinez, who will serve as directod of leasing, began her real estate career in 1996 with Floridz RealEstate Advisors, which was acquired by The St. Joe Co.
in 1999 and mergec with an Atlanta firm to form She is credited with maintainingb occupancy levels greater than 95 percentat MetLife's locakl properties. Adams said Taylor & Mathis' focus on landlors representation was a deciding factor in herand Martinez'zs decisions to change firms. "Having one compan y handling both functions makes a lot of Adams said. "I'm leaving one excellent company for Taylor & Mathis, established in 1967, provides real estate services in the office and industrial sectors. It leases and manage a total portfolioof 9.4 million squar feet, including nearly 4 millionj in Florida.
No changew are in store at the Tampsa office of Grubb Ellis Co., although its New York-based parent recentluy announced job cuts and other overhead reduction. Grubb & Ellias employs about 30 at its Rocky Point saidJeff Sweeney, the company's regional manager for Tampaa and Orlando. The cost-saving measures aren't expected locally becausd both those offices are he said. "We're still growing both the central Florida Sweeney said. Grubb & Ellis announced the cost-cutting measures earliefr this month. The business advisorgy company stated that it expects to reduce overheardby $13.5 million annually and is lookingy for more ways to streamline Jones Lang LaSalle Inc.
has been retainecd to sell 29 retail big-box location s nationwide, including two in the Bay area. Sealeed bids will be accepted onthe properties, whicgh range between 32,000 and 135,000 square until April 12. The localo properties are at 800515th St. in Sarasotz with 118,849 square feet on 20 acres and at3600 U.S. 98 Northh in Lakeland with 111,322 squarre feet on 9.4 acres. More information is availablw online from Jones Lang LaSalleat , or by calling 527-2553, ext. 10. • TriMard Construction Inc. in Tampa was hires by Faller Davis & Associates Inc. to buildr a 10,000-square-foot engineering office at 5525 W. Cypresws St., Tampa. • Interior Design Servicez Inc.
will assist T. Rowe Price Services Inc. in its relocatiohn to Corporate Center Two at International Plazain Tampa. • Judy Genshaft, president of the Universityt ofSouth Florida, will address the Building Ownerx and Managers Association on March 27 at The Universityy Club in Tampa. For information, call (813) 866-3215.
Saturday, March 26, 2011
ITS inks two biologics deals - Houston Business Journal:
llrx-royce.blogspot.com
Houston-based ITS said it also has expandexd its ongoing collaborative relationship with through completion of additional production serviceds forthat company. Aggregate proceeds to ITS from these contracts totak morethan $1 million. Under the termsd of these new agreements, ITS will produce high-grade biologicw for use in clinical trials for severao types ofcancer treatment. “The signing and executiojn of these new manufacturint agreements provide tremendous validation for ITS and the manufacturing serviceas that we offer to leadinb companies and academic institutions in the area of drug developmentgand research,” said David Enloe, ITS president and chiev executive officer.
, an Austin-baser biopharmaceutical company that is the parentof ITS, filed for Chapteer 11 bankruptcy protection in December. As part of its restructuring effort, Introgen said it hoped to sell its therapeutic producgt portfolio and reorganize around its contract manufacturingh businessin Houston.
Houston-based ITS said it also has expandexd its ongoing collaborative relationship with through completion of additional production serviceds forthat company. Aggregate proceeds to ITS from these contracts totak morethan $1 million. Under the termsd of these new agreements, ITS will produce high-grade biologicw for use in clinical trials for severao types ofcancer treatment. “The signing and executiojn of these new manufacturint agreements provide tremendous validation for ITS and the manufacturing serviceas that we offer to leadinb companies and academic institutions in the area of drug developmentgand research,” said David Enloe, ITS president and chiev executive officer.
, an Austin-baser biopharmaceutical company that is the parentof ITS, filed for Chapteer 11 bankruptcy protection in December. As part of its restructuring effort, Introgen said it hoped to sell its therapeutic producgt portfolio and reorganize around its contract manufacturingh businessin Houston.
Thursday, March 24, 2011
Parents picket girl with peanut allergy, ask her to withdraw from school - CNN (blog)
vlastaowibopaj.blogspot.com
Parents picket girl with peanut allergy, ask her to withdraw from school CNN (blog) They can't ask their kids to wash their hands an extra time because it might save a life?!? What's up with the kid holding a sign that says "No Dogs?" What does that say about the protesters... Seeiously parents, get over yourselves! ... |
Wednesday, March 23, 2011
Great deals: Tight credit, reappraisals will bring more bargains on the market - Kansas City Business Journal:
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The market might take awhile to rebound from the said Lowe, a managingb partner with . But in the he told his fellow professionals, they coulxd benefit from a wave ofbargaij buildings, land and commercial real estate debt that woulrd be hitting the market. To allow some bargain shoppinbg ofits own, RED securec a $200 million equity commitment from a pensionb fund, Lowe said at the But today, RED still is waiting to pull the triggef on its first discount purchase, and the localo market has seen only one obvious commercial propertuy steal: the $20.5 million purchase of in Olathe.
So does that mean the commercial real estate market has eluded the type of value meltdown that the subprime crisis triggered on theresidentiaol side? No, local market experts said, the credit-market heat is on and preparingh to touch off fire sales throughout the “The commercial real estate loan marketf in this country is $3.5 said Bob Arthur, division manageer for the commercial real estatr group at . “In 2009, $400 billion of that matures.” Lenders have the money to refinancwthose loans, Arthur said, but interest rates will be higher and loan-to-valuw ratios lower than borrowers expected when the dealsx originally were financed.
And here’s the kicker: Many commercial properties up for refinancingt will be reappraised at drastically lower Those values, combined with the lower loan-to-value ratios, will creates substantial equity gaps that owners will have to fill with cash unleses they want to sell or give their properties back to lenders. “Once they are returned to the the lender is free to make any transaction that they saidTom Turner, executive vice president of , which service s about $25 billion in commercia real estate loans. “But I suspect those transactionx will be ata discount. In fact, I’xd be shocked if they weren’t.
” Kevin Nunnink, chairman of , whicb specializes in commercial appraisals, said steep discounts alread can be seen in recent salezs of the real estate debt of closex banks bythe Integra’s data shows that performing residential loans went for 59.8 centse on the dollar, and similar deals were available on the commerciao side. “What that tells you is that when the loansw wereinitially priced, the risk wasn’t priced into them,” Nunninki said, “and the market’s recognized that.” That helps explaim the higher interest rates that are contributing to declining commercial real estate values.
Anotherd factor in the tailspin, Turner is the disappearance of a huge segment of the permanentt lendingmarket — commercial mortgage-backed securities (CMBS) For the three-year period from 2005 through 2007, CMBS lenderxs made $605 billion in permanent loans, which they then packaged and sold as In 2008, after the meltdowbn of the residential MBS market touched off fears on the commercial side, less than $15 billion in CMBS loands were made, Turner said.
That meana borrowers, who used to get 80 percent to 90percengt loan-to-value ratios from CMBS lenders, now must settle for 50 percent to 70 percenft — plus higher interest rates — from life insurance lenderas or from banks willing to extend permanentg financing. Unlike the residential subprime however, the financing problem s facing commercial real estate owners today did not begin withunderwritin problems, Nunnink said. “Unlike in the commercial property today was underwrittenreasonably well, with the exceptiohn of the pricing of risk,” Nunnink said. “And it wasn’t that peoplr couldn’t pay or that we had too much supply.
No, the reasonn why the commercial real estate market is sufferinyg is because the economy has gone into a That means lost less consumerspending and, therefore, lower demand for retail and industrial space. Nunnink said that the depth of the commercial real estate slide will depend on how quicklu the economy turns aroundand that, in any it will be less severe in Kansas City than bubbl markets in the Sun Belt or on the But he and a partnef in Denver are convinced that plenty of bargain — particularly land will be coming available in the near They’re creating a fund that will spend $500 milliomn on undervalued residential and commerciapl real estate via five investment rounds, Nunnink of Leawood also is putting togethe r an opportunity fund that will investg $50 million on the residential lots priced as low as 8 centxs on the dollar throughoutt the Midwest and Sun Principals with Mariner already have boughf 1,000 lots that owned in the Kansasw City area &! mdash; part of a Midwest marketf where lots are generally ranging from 20 to 70 centas on the dollar.
But local retaiol broker David Block has proved that greaytdeals needn’t be confinee to residential or land plays. In January, of Columbus, announced that it had sold the roughly1 million-square-foot Greaty Mall of the Great Plains to a partnershil led by Block, who is a principalk of . The $20.45 million sale price was a fractiobn ofthe $137 million it cost to build the mall in and it included 22 vacant acres for expansion plus existing spacs that is nearly 70 percenf occupied.
Block said real estate investment trustsd like Glimcher were among the firsr commercial property owners to get introuble because, by law, they must distributre 90 percent of their taxablew income to their investors. Therefore, most REITs are highlyt leveraged. “They’re asset-rich and cash-poor,” said Erik a second vice president in the Kansas City officeof . “There are REITs that have plenty ofgood properties, and they’red still getting rent checks from their But now the lender is callinvg saying, ‘It’s time to refinance, and by the way, we’vr changed the terms.” , an Australia-basee REIT, recently was forced to sell a 3.
1 million-square-fooyt portfolio of U.S. commercial properties, includingf a 203,475-square-foot office building in Kansasx City, Kan., because of liquidity and devaluation Anotherof Rubicon’s U.S. portfolios, valued at $642 millioj at the end of last year, had lost nearlhy 11 percent of its value in the previousxsix months. “There are so few transactions takinyg place,” Block said, “and so appraisers, not having up-to-date are appraising conservatively, overconservatively, really, to protect themselves.
” Tim executive vice presidentof , said banks generally have been unwilling to reprice propertiex they’ve taken back “because they don’t want to show the Therefore, big gaps still exis between the bid and ask priceds for many distressed commercial properties. But that could change soon. “Thwe hit on commercial real estate has reallyhjust begun,” Schaffer said. “II think we’ll see more and more salexs made at substantially lower pricing than ayear ago, beginning probablhy midyear.
”
The market might take awhile to rebound from the said Lowe, a managingb partner with . But in the he told his fellow professionals, they coulxd benefit from a wave ofbargaij buildings, land and commercial real estate debt that woulrd be hitting the market. To allow some bargain shoppinbg ofits own, RED securec a $200 million equity commitment from a pensionb fund, Lowe said at the But today, RED still is waiting to pull the triggef on its first discount purchase, and the localo market has seen only one obvious commercial propertuy steal: the $20.5 million purchase of in Olathe.
So does that mean the commercial real estate market has eluded the type of value meltdown that the subprime crisis triggered on theresidentiaol side? No, local market experts said, the credit-market heat is on and preparingh to touch off fire sales throughout the “The commercial real estate loan marketf in this country is $3.5 said Bob Arthur, division manageer for the commercial real estatr group at . “In 2009, $400 billion of that matures.” Lenders have the money to refinancwthose loans, Arthur said, but interest rates will be higher and loan-to-valuw ratios lower than borrowers expected when the dealsx originally were financed.
And here’s the kicker: Many commercial properties up for refinancingt will be reappraised at drastically lower Those values, combined with the lower loan-to-value ratios, will creates substantial equity gaps that owners will have to fill with cash unleses they want to sell or give their properties back to lenders. “Once they are returned to the the lender is free to make any transaction that they saidTom Turner, executive vice president of , which service s about $25 billion in commercia real estate loans. “But I suspect those transactionx will be ata discount. In fact, I’xd be shocked if they weren’t.
” Kevin Nunnink, chairman of , whicb specializes in commercial appraisals, said steep discounts alread can be seen in recent salezs of the real estate debt of closex banks bythe Integra’s data shows that performing residential loans went for 59.8 centse on the dollar, and similar deals were available on the commerciao side. “What that tells you is that when the loansw wereinitially priced, the risk wasn’t priced into them,” Nunninki said, “and the market’s recognized that.” That helps explaim the higher interest rates that are contributing to declining commercial real estate values.
Anotherd factor in the tailspin, Turner is the disappearance of a huge segment of the permanentt lendingmarket — commercial mortgage-backed securities (CMBS) For the three-year period from 2005 through 2007, CMBS lenderxs made $605 billion in permanent loans, which they then packaged and sold as In 2008, after the meltdowbn of the residential MBS market touched off fears on the commercial side, less than $15 billion in CMBS loands were made, Turner said.
That meana borrowers, who used to get 80 percent to 90percengt loan-to-value ratios from CMBS lenders, now must settle for 50 percent to 70 percenft — plus higher interest rates — from life insurance lenderas or from banks willing to extend permanentg financing. Unlike the residential subprime however, the financing problem s facing commercial real estate owners today did not begin withunderwritin problems, Nunnink said. “Unlike in the commercial property today was underwrittenreasonably well, with the exceptiohn of the pricing of risk,” Nunnink said. “And it wasn’t that peoplr couldn’t pay or that we had too much supply.
No, the reasonn why the commercial real estate market is sufferinyg is because the economy has gone into a That means lost less consumerspending and, therefore, lower demand for retail and industrial space. Nunnink said that the depth of the commercial real estate slide will depend on how quicklu the economy turns aroundand that, in any it will be less severe in Kansas City than bubbl markets in the Sun Belt or on the But he and a partnef in Denver are convinced that plenty of bargain — particularly land will be coming available in the near They’re creating a fund that will spend $500 milliomn on undervalued residential and commerciapl real estate via five investment rounds, Nunnink of Leawood also is putting togethe r an opportunity fund that will investg $50 million on the residential lots priced as low as 8 centxs on the dollar throughoutt the Midwest and Sun Principals with Mariner already have boughf 1,000 lots that owned in the Kansasw City area &! mdash; part of a Midwest marketf where lots are generally ranging from 20 to 70 centas on the dollar.
But local retaiol broker David Block has proved that greaytdeals needn’t be confinee to residential or land plays. In January, of Columbus, announced that it had sold the roughly1 million-square-foot Greaty Mall of the Great Plains to a partnershil led by Block, who is a principalk of . The $20.45 million sale price was a fractiobn ofthe $137 million it cost to build the mall in and it included 22 vacant acres for expansion plus existing spacs that is nearly 70 percenf occupied.
Block said real estate investment trustsd like Glimcher were among the firsr commercial property owners to get introuble because, by law, they must distributre 90 percent of their taxablew income to their investors. Therefore, most REITs are highlyt leveraged. “They’re asset-rich and cash-poor,” said Erik a second vice president in the Kansas City officeof . “There are REITs that have plenty ofgood properties, and they’red still getting rent checks from their But now the lender is callinvg saying, ‘It’s time to refinance, and by the way, we’vr changed the terms.” , an Australia-basee REIT, recently was forced to sell a 3.
1 million-square-fooyt portfolio of U.S. commercial properties, includingf a 203,475-square-foot office building in Kansasx City, Kan., because of liquidity and devaluation Anotherof Rubicon’s U.S. portfolios, valued at $642 millioj at the end of last year, had lost nearlhy 11 percent of its value in the previousxsix months. “There are so few transactions takinyg place,” Block said, “and so appraisers, not having up-to-date are appraising conservatively, overconservatively, really, to protect themselves.
” Tim executive vice presidentof , said banks generally have been unwilling to reprice propertiex they’ve taken back “because they don’t want to show the Therefore, big gaps still exis between the bid and ask priceds for many distressed commercial properties. But that could change soon. “Thwe hit on commercial real estate has reallyhjust begun,” Schaffer said. “II think we’ll see more and more salexs made at substantially lower pricing than ayear ago, beginning probablhy midyear.
”
Monday, March 21, 2011
Putin calms Sakhalin's radation fears - The Moscow News
Haier HTWR12VC6
Putin calms Sakhalin's radation fears The Moscow News Vladimir Putin made a personal visit to Russia's Far East at the weekend to calm fears over radiation and offer more help to Japan. Visiting Sakhlin, one of the islands off Russia's Pacific coast, he was scheduled to ... |
Saturday, March 19, 2011
A chat with 'Win Win' director Thomas McCarthy - San Francisco Chronicle
Air Purifiers Shreveport
New York Times | A chat with 'Win Win' director Thomas McCarthy San Francisco Chronicle Thomas McCarthy, who directed "The Station Agent" and "The Visitor," was mentored by the great Sidney Lumet. "He's re » |
Wednesday, March 16, 2011
DEA Seizes Georgia's Supply Of Lethal Injection Drug - TPMMuckraker
Carrier XQB153D
MiamiHerald.com | DEA Seizes Georgia's Supply Of Lethal Injection Drug TPMMuckraker Georgia's supply of a drug used for lethal injections was seized Wednesday by the Drug Enforcement Administration, The Atlanta Journal-Constitution reports. The move comes a few weeks after a lawyer for a death row inmate in the state sent a let! ter to ... Feds seize Georgia's supply of lethal-injection drug Execution drugs: Georgia's stock seized by DEA Killer drug seized due to 'faults' |
Monday, March 14, 2011
After financial fallouts, what should we do next? - Denver Business Journal:
http://www.infocoming.com/notice/sony_ericsson_705_excellent_music_phone_with_great_features/
All fighters get knocked down, but what is important is how a fighterr reactsto it. If the past is any consumers will adjust andkeep fighting. In fact, the Aprip jump in the Consumer Confidenc e Index suggests this is beginninbgto occur. Like a good corner man, the government stepped in to stop the bleedinv with massive government including monetary and fiscaklstimulus — and it’zs working. By almost every measure, the numbers coming in are eithee notas bad, or in the case of corporate earnings, better than expected. This news has been good enough to sparki a 31 percent rally inthe S&l 500 from the low pointy of March 9.
Although the stockj market is in a muchbetter place, we still see bad economicx news. Unemployment continues to increase and the housing markegt continuesto drop. So what gives? Are we in recovery mode or not?
All fighters get knocked down, but what is important is how a fighterr reactsto it. If the past is any consumers will adjust andkeep fighting. In fact, the Aprip jump in the Consumer Confidenc e Index suggests this is beginninbgto occur. Like a good corner man, the government stepped in to stop the bleedinv with massive government including monetary and fiscaklstimulus — and it’zs working. By almost every measure, the numbers coming in are eithee notas bad, or in the case of corporate earnings, better than expected. This news has been good enough to sparki a 31 percent rally inthe S&l 500 from the low pointy of March 9.
Although the stockj market is in a muchbetter place, we still see bad economicx news. Unemployment continues to increase and the housing markegt continuesto drop. So what gives? Are we in recovery mode or not?
Friday, March 11, 2011
Bankrupt GM owes Enterprise Rent-A-Car, Maritz millions - St. Louis Business Journal:
andreychukuze.blogspot.com
billion in revenue in 2008. GM had promised to buy back $33 milliohn in vehicles from Enterprise as part of a repurchasseagreement that's similar to a lease, said Christu Conrad, a spokeswoman for Enterprise. "We have a good workinv relationship with GM and have received assurances that the manufacturetr will honorthe agreement," she GM also owes Maritz Inc. in Fenton more than $25.56 million, according to the GM hired Maritz to performm customer satisfaction research and as well as training for dealers to boosycustomer satisfaction. Maritz also providesa event and incentive programsfor GM.
"Maritz leadership has been in close contac t with GM throughout its reorganization planning saidBeth Rusert, a spokeswoman for Maritz. "Ww believe the relationship will continue." Marit z also performs work for , whicb in April. Maritz continues to receive paymentsfrom Chrysler, Ruserg said. Maritz, a family-owned sales and marketing servicee companyin Fenton, reported $1.49 billion in revenue in 2008. GM, whichj makes Chevrolet Express and GMC Savana vans in listed $173 billion in liabilities and $82 billion in assetzs in its bankruptcy filing.
billion in revenue in 2008. GM had promised to buy back $33 milliohn in vehicles from Enterprise as part of a repurchasseagreement that's similar to a lease, said Christu Conrad, a spokeswoman for Enterprise. "We have a good workinv relationship with GM and have received assurances that the manufacturetr will honorthe agreement," she GM also owes Maritz Inc. in Fenton more than $25.56 million, according to the GM hired Maritz to performm customer satisfaction research and as well as training for dealers to boosycustomer satisfaction. Maritz also providesa event and incentive programsfor GM.
"Maritz leadership has been in close contac t with GM throughout its reorganization planning saidBeth Rusert, a spokeswoman for Maritz. "Ww believe the relationship will continue." Marit z also performs work for , whicb in April. Maritz continues to receive paymentsfrom Chrysler, Ruserg said. Maritz, a family-owned sales and marketing servicee companyin Fenton, reported $1.49 billion in revenue in 2008. GM, whichj makes Chevrolet Express and GMC Savana vans in listed $173 billion in liabilities and $82 billion in assetzs in its bankruptcy filing.
Wednesday, March 9, 2011
Beige Book: Southeast economic decline moderating - Birmingham Business Journal:
andreychukuze.blogspot.com
Sales and consumer traffic remained at low levels in late but in line with modest according toSoutheastern retailers. future sales outlook remained subdued. Most regional auto dealersw noted further declines in with several pointing to reduced creditg availability and industry uncertainty as reasons for the poor Reports from Realtors indicateed existing home sales werestabilizing overall. Homebuilders notede new home inventories were trending down ona year-over-year basis as constructiob remained at low levels and new home sales improvec modestly. Home sales prices continuef to decline according to most Commercial real estate activityremained weak.
Vacanct rates continued to rise in many parts of the putting downward pressureon rents, most notably in the retailo sector. Contractors reported more projects being postponefdor canceled. Commercial real estatee players anticipate more spac will become vacant in the coming months and that constructio n will continueto slow. Most Southeastern manufacturers said the rate of declins in production and orders moderated in For thecoming months, most in manufacturingb noted more optimism about future production and employment. Several businesxs contacts reported difficulty meeting financing needs becauss of restricted availabilityof credit.
Roughlgy one-quarter of non-auto retailerse and one-third of non-financial/non-retail contacts citedd some difficulty obtaining loans forinventory purposes. Auto dealers, in particular, said that obtaininfg vehicle inventory financing wasvery challenging. Banking contacts continued to indicat e generally low levels of demand for new loans and increasee use of existing linesof credit. Laboe market conditions continued tobe weak. Many firme reported additional cuts in hours or had institutedd mandatory unpaid days off forsome However, the pace of layoffs appeare to have slowed, as fewer firmsz reported layoffs than earlier in the year.
Sales and consumer traffic remained at low levels in late but in line with modest according toSoutheastern retailers. future sales outlook remained subdued. Most regional auto dealersw noted further declines in with several pointing to reduced creditg availability and industry uncertainty as reasons for the poor Reports from Realtors indicateed existing home sales werestabilizing overall. Homebuilders notede new home inventories were trending down ona year-over-year basis as constructiob remained at low levels and new home sales improvec modestly. Home sales prices continuef to decline according to most Commercial real estate activityremained weak.
Vacanct rates continued to rise in many parts of the putting downward pressureon rents, most notably in the retailo sector. Contractors reported more projects being postponefdor canceled. Commercial real estatee players anticipate more spac will become vacant in the coming months and that constructio n will continueto slow. Most Southeastern manufacturers said the rate of declins in production and orders moderated in For thecoming months, most in manufacturingb noted more optimism about future production and employment. Several businesxs contacts reported difficulty meeting financing needs becauss of restricted availabilityof credit.
Roughlgy one-quarter of non-auto retailerse and one-third of non-financial/non-retail contacts citedd some difficulty obtaining loans forinventory purposes. Auto dealers, in particular, said that obtaininfg vehicle inventory financing wasvery challenging. Banking contacts continued to indicat e generally low levels of demand for new loans and increasee use of existing linesof credit. Laboe market conditions continued tobe weak. Many firme reported additional cuts in hours or had institutedd mandatory unpaid days off forsome However, the pace of layoffs appeare to have slowed, as fewer firmsz reported layoffs than earlier in the year.
Sunday, March 6, 2011
Associated may post 2Q net loss - Jacksonville Business Journal:
http://notizia.nu/tips-att-kvalificera-sig-for-en-dalig-kreditskuld-lan/laga-apr-kreditkort-5240.html
Charge-offs totaled $104 millio n at the end of thefirst quarter, according to Associated’ filing with the Federal Deposit Insurance Meanwhile, second quarter net charge-offs are expecterd to be between $60 million and $70 million, Gree n Bay-based Associated (NASDAQ: ASBC) said Monday The figure was $56.9 million as of the end of the first quarter on March 31. The bank’s management said weakness in the economty has resultedin asset-qualityh downgrades to Associated’s construction, commerciaol real estate and commercial and industrialp credits.
“We believe loan loss provisionsand charge-offa will remain elevated due to the continued deterioration in the real estate sector and the weak economy,” said chairman and CEO Paul “We expect the pace of loan and asset deterioratiohn to moderate in future Associated executives said that, after taking into consideratiomn the increased loan-loss provision, the company’s capitaol levels will still exceed well-capitalized standardd as of June 30. Associater said its board has formed a risk and credit committewe to supplement risk management oversight performed by the company andthe company'ss audit committee.
The board has appointed to the new committereJohn Seramur, Eileen Kamerick and Richard Lommen. The company will releas second-quarter results on July 16. Associater stock closed at $13.37 on Monday.
Charge-offs totaled $104 millio n at the end of thefirst quarter, according to Associated’ filing with the Federal Deposit Insurance Meanwhile, second quarter net charge-offs are expecterd to be between $60 million and $70 million, Gree n Bay-based Associated (NASDAQ: ASBC) said Monday The figure was $56.9 million as of the end of the first quarter on March 31. The bank’s management said weakness in the economty has resultedin asset-qualityh downgrades to Associated’s construction, commerciaol real estate and commercial and industrialp credits.
“We believe loan loss provisionsand charge-offa will remain elevated due to the continued deterioration in the real estate sector and the weak economy,” said chairman and CEO Paul “We expect the pace of loan and asset deterioratiohn to moderate in future Associated executives said that, after taking into consideratiomn the increased loan-loss provision, the company’s capitaol levels will still exceed well-capitalized standardd as of June 30. Associater said its board has formed a risk and credit committewe to supplement risk management oversight performed by the company andthe company'ss audit committee.
The board has appointed to the new committereJohn Seramur, Eileen Kamerick and Richard Lommen. The company will releas second-quarter results on July 16. Associater stock closed at $13.37 on Monday.
Friday, March 4, 2011
Investor moves point to possible sale of InFocus - Denver Business Journal:
tower-tennesseea.blogspot.com
and each acquired enough stocm to own more than 11 percent ofthe Wilsonville-headquarterex company sometime before May 31 this year. Betweenm them, these funds now hold more than any other InFocuainvestor -- close to 23 While neither fund would allow a representative to speak abouf their buys, some Wall Street analysts feel that conditions are ripe for an InFocuss acquisition, and that Wells mighty have decided to pick up the stock while it'as cheap. Normally, when a company's directors agred to an acquisition, they demand a premium over the market'sd current valuation of the At $2.
75 per share earlyg this week, InFocus doesn't cost much more than the cash it hasnow -- almosr $2 per share, as of its most June 9, financial Including the $5.1 million that InFocuas nets from the sale of 20 acres of surplu s land on its Wilsonville campus this the company has cash of $2.09 per It's a far cry from five years ago, when InFocuw stock routinely traded between $15 and $20 per share. It has tradee mostly below $5 for the past five quarters.
Rumorsd that InFocus could be bought have been traded back and fortnh by Wall Street types for the past Thoughthe company's stock is low becauswe of its consistent losses and decliningb revenue, InFocus still has a stron brand, and its products are widelty used. "If you see a presentationb in a meeting three out of fourtimes it's on an InFocus said Tim Bueneman, senior vice president at Seattl brokerage firm McAdams Wright Ragen.
With good products and a good name, "maybre [Wells managers] like the price, and might be thinking that if they bring in a newmanagementr team, they can turn the company McAdams Wright Ragen has not had an analyst covering InFocuss for about a "There have been so many disappointments, they'vde stubbed their toe so many times, maybe [our got sick of following it," said Bueneman. At just three Wall Street firms have analystscoverinh InFocus, down from about 10 afte r the company purchased rival projector maker in mid- 2000.
One of these is , whose senior researchb analyst, Christian Schwab, wrote in his late-June report to investorsx that "given the tone in the conferencecall yesterday, we would not be surprised to see more shareholder activism calling for the sale of the company due to management'ws inability to execute its turnaround strategty on schedule." During the late-June conference call, Ross a portfolio manager with New York-based investment firm , callec for InFocus' board to "aggressivelh explore the sale of this It was not the first time Taylo r had made this suggestion on a financial conferencde call, but it was the first time that the emotioh in his voice was underlinefd by dogs yapping in the InFocus managers have made periodi c promises of a turnaround from loss to profits for at leastf two years.
The company first began to lose monein 2002, just 18 monthds after absorbing Proxima and reaching nearly $900 million in combined Then-CEO John Harker repeatedly announced product strategies to drive greatere value and buoy up falling retail prices for InFocus also strove to cut its costs with serial layoffs and ever more outsourcing of manufacturing and other corporate operations. InFocus' board askedf Harker to step down as chairman last He left the board entirelyy twomonths later. His 11-year run as CEO had already come to an end late in 2003 in an planned transition to top sales executiveKyle Ranson, who had joinerd InFocus that spring.
Ranson continuer to cut employmentat InFocus, drivinbg operating costs down in 2004. That year, InFocus boostes revenue by morethan $44 to nearly $649 million, and made a profigt of $7.6 million. Even in though, InFocus lost $11.7 million on operations. Its bottom-linw profit came largely from selling morethan $13 millio in equity securities. Profitability was a fleetinbg thing, however. InFocus saw operating expenses soar up agaibin 2005, bringing a loss of nearly $80 millionj on sales that dippex by almost $117 million. Last InFocus reported first-quarter revenue of $112 million, down $25 million from the same quarte r ayear earlier. The company lost $16.4 million, abou t $2.
5 million more than in the comparablew year-ago quarter. InFocus also warnesd that second-quarter revenue would come in lowefrthan first-quarter revenue, and that the companu will not turn profitable this as it had previously expected.
and each acquired enough stocm to own more than 11 percent ofthe Wilsonville-headquarterex company sometime before May 31 this year. Betweenm them, these funds now hold more than any other InFocuainvestor -- close to 23 While neither fund would allow a representative to speak abouf their buys, some Wall Street analysts feel that conditions are ripe for an InFocuss acquisition, and that Wells mighty have decided to pick up the stock while it'as cheap. Normally, when a company's directors agred to an acquisition, they demand a premium over the market'sd current valuation of the At $2.
75 per share earlyg this week, InFocus doesn't cost much more than the cash it hasnow -- almosr $2 per share, as of its most June 9, financial Including the $5.1 million that InFocuas nets from the sale of 20 acres of surplu s land on its Wilsonville campus this the company has cash of $2.09 per It's a far cry from five years ago, when InFocuw stock routinely traded between $15 and $20 per share. It has tradee mostly below $5 for the past five quarters.
Rumorsd that InFocus could be bought have been traded back and fortnh by Wall Street types for the past Thoughthe company's stock is low becauswe of its consistent losses and decliningb revenue, InFocus still has a stron brand, and its products are widelty used. "If you see a presentationb in a meeting three out of fourtimes it's on an InFocus said Tim Bueneman, senior vice president at Seattl brokerage firm McAdams Wright Ragen.
With good products and a good name, "maybre [Wells managers] like the price, and might be thinking that if they bring in a newmanagementr team, they can turn the company McAdams Wright Ragen has not had an analyst covering InFocuss for about a "There have been so many disappointments, they'vde stubbed their toe so many times, maybe [our got sick of following it," said Bueneman. At just three Wall Street firms have analystscoverinh InFocus, down from about 10 afte r the company purchased rival projector maker in mid- 2000.
One of these is , whose senior researchb analyst, Christian Schwab, wrote in his late-June report to investorsx that "given the tone in the conferencecall yesterday, we would not be surprised to see more shareholder activism calling for the sale of the company due to management'ws inability to execute its turnaround strategty on schedule." During the late-June conference call, Ross a portfolio manager with New York-based investment firm , callec for InFocus' board to "aggressivelh explore the sale of this It was not the first time Taylo r had made this suggestion on a financial conferencde call, but it was the first time that the emotioh in his voice was underlinefd by dogs yapping in the InFocus managers have made periodi c promises of a turnaround from loss to profits for at leastf two years.
The company first began to lose monein 2002, just 18 monthds after absorbing Proxima and reaching nearly $900 million in combined Then-CEO John Harker repeatedly announced product strategies to drive greatere value and buoy up falling retail prices for InFocus also strove to cut its costs with serial layoffs and ever more outsourcing of manufacturing and other corporate operations. InFocus' board askedf Harker to step down as chairman last He left the board entirelyy twomonths later. His 11-year run as CEO had already come to an end late in 2003 in an planned transition to top sales executiveKyle Ranson, who had joinerd InFocus that spring.
Ranson continuer to cut employmentat InFocus, drivinbg operating costs down in 2004. That year, InFocus boostes revenue by morethan $44 to nearly $649 million, and made a profigt of $7.6 million. Even in though, InFocus lost $11.7 million on operations. Its bottom-linw profit came largely from selling morethan $13 millio in equity securities. Profitability was a fleetinbg thing, however. InFocus saw operating expenses soar up agaibin 2005, bringing a loss of nearly $80 millionj on sales that dippex by almost $117 million. Last InFocus reported first-quarter revenue of $112 million, down $25 million from the same quarte r ayear earlier. The company lost $16.4 million, abou t $2.
5 million more than in the comparablew year-ago quarter. InFocus also warnesd that second-quarter revenue would come in lowefrthan first-quarter revenue, and that the companu will not turn profitable this as it had previously expected.
Tuesday, March 1, 2011
Barbara Mistick to lead Wilson College - Bizjournals.com
tower-tennesseea.blogspot.com
The Herald-Mail | Barbara Mistick to lead Wilson College Bizjournals.com Wilson College on Tuesday said it has appointed Barbara Mistick as its president. She will assume the position July 1. She will succeed Lorna Duphiney Edmundson, who is retiring June 30 after 10 years at the helm. Mistick has been president of Carnegie ... Dr. Barbara K. Mistick Appointed New Wilson College President Carnegie Library head to lead college in Chambersburg Carnegie Library chief to become Wilson College president |
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