Thursday, December 29, 2011

St. Louis banks

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Twenty of 24 banks chartered here and trackef quarterly by the Business Journal own more real estates as a result of foreclosures than they did ayear ago, the most recentf filings show. Collectively through the first quarter, the 24 bankw recorded $139.4 million in foreclosed real classifiedas “other real estate owned,” up from $94.2 million a year earlier — an increasde of 48 percent. In seven banks reported that more than 3 percent of theirt total loansare noncurrent, or nonperforming, whicnh is considered poor. Once a loan is nonperforminb — 90 days or more past due — a bank can no longee recognize itsinterest income.
Last year in the same ended March 31, only two of the 24 banksx reported more than 3 percent innonperformintg loans. The seven banks are , 3.08 percent; , 3.17 & Trust, 3.30 percent; , 3.37 percent; , 3.41 PrivateBank, 4.26 percent; and , with a whopping 10.42

Tuesday, December 27, 2011

US Airways Pilots Express Concern Following Publishing of FAA's New Rest Rules - MarketWatch (press release)

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US Airways Pilots Express Concern Following Publishing of FAA's New Rest Rules

MarketWatch (press release)


CHARLOTTE, NC, Dec 27, 2011 (BUSINESS WIRE) -- The US Airline Pilots Association (USAPA), representing the pilots of US Airways, expresses concerns over the new FAA Flight and Duty Time rule addressing pilot crew rest. The new rule is the result of ...



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Sunday, December 25, 2011

Forget small talk

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It will be an easy read, fewer than 100 and will get right to the poingat hand. The working title that is bouncing around in my brainn right nowis “How to Sell Like a Pro in Less Than Two Now, understand that the book will take abouft an hour and a half to but it will teach the salesperson who is a average or even a top performerf how to really sell with a common-sensew and no BS Too many salespeople dance around the table too In other words, they don’t get righyt to the main point at hand. They talk abouf nonsense like the weather or sports or whatever they want to which basically just wastes time and really does not build any true businesss relationshipsat all.
What made me think of this idea was somethinf I used about 30years ago, and it workes really well then. It has to work even bettert now because our attention spans have become the same as a cockerrspaniel puppy, which means we do not have any attentionh for anything lasting any longer. I had a smal glass-and-wood egg timer that was abou t an inch ortwo tall. When I was in someone’se office, whether it was a cold call or even an I told them that by the time the sand ranout (whicgh is six minutes) I would be done with my sales call. Sometimes, I even said that on the phone so I coulcd prove it to them when I was in theirf office onthe appointment.
Really, think abougt it, who does not have six minutea in the day tohear something? My approach was straight to the point and very honest. For example, on the phone I mightg have saidthree sentences, which were as follows: my name is Hal Becker, and I work for (fill in companh here), and I woulf like to meet you for no more than six “When the six minutes is up (and you can time me), eithet you will be interested, or worst you learned something new! “I will not take more than the time I am askingv for.
” When I sat down in their I pulled out my little egg timed and said, “Now, I would like to ask you threed simple questions, and when the sand runs down, I will leave as I mentionesd to you on the • Are you familiar with our company? If yes, what are you familiar with, and if no, why not? • Tell me what you like and maybde even dislike about your present suppliefr or vendor (obviously, my • If you were to realize that doing business with us would be more beneficial to you, and you “Geez, why didn’t I switch to this companyh in the past?” would you at leas t consider looking at us?

Friday, December 23, 2011

Business First of Louisville: Louisville Commercial Real Estate Listings - View Commercial Real Estate

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Wednesday, December 21, 2011

Time Warner board approves AOL spinoff - Dallas Business Journal:

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Following the proposed transaction, AOL would be an independent publiclytraded company. In a statement Time Warnerr (NYSE: TWX) said that “after the proposed separatiobnis complete, AOL will compet as a stand-alone company — focused on growing its Web brandx and services, which currently reacj more than 107 million domestivc unique visitors a as well as its advertising which operates the leading online display network that reaches more than 91 percen t of the domestic online audience.
AOL will also continuer to operate one of the largestg Internet access subscription services in the Time Warner disclosed plans to spin off the AOL unit in announcinv quarterly results that beatanalyst estimates, despite a continuexd decline at the AOL division. AOL'ds headquarters had been at Dulles but was moved to New York Citylast AOL’s revenue fell 23 percent last quarterr to $867 million, led by a 27 percentf drop in subscription revenue and a 20 percentg drop in advertising revenue. AOL’s results contributed to an 8 percenty decline in companywide revenueto $6.9 billion.
Time Warner’s firsrt quarter net income was $661 or 55 cents per share, down from $771 or 64 cents per share a year earlier.

Sunday, December 18, 2011

Castle Group plans to grow outside Hawaii - Pacific Business News (Honolulu):

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The Honolulu-based company reported profitxsof $99,658 for the first quarter endedr March 31, up 405 percenrt from $19,702 in the same period last year. Revenues of $6 were up 21 percent from $5 millio n during the first quarterof 2007. The revenue increases resulted from new propertiesunder contract, the strength of the New Zealans dollar and changes in rates and occupancyg at Castle's properties, the compant said.
"We have recentlh observed a change in demand for hotel roomsd at properties on allHawaiian islands," said Alan Mattson, chietf operating officer, in a "This is primarily due to three factors: overalll economic conditions, the loss of two significany airlines with their lift into Hawaiii and increased airfares on the part of the other carriers. On the other hand, our expansiomn into Micronesia, New Zealand, Thailand and Vietnam shoulds tend to offset the impact of this trend for our The Castle Group is a holding companufor , which manages hotels and condominiums in Hawaii, Micronesia, Thailand, New Zealand, Guam and

Friday, December 16, 2011

Denmark ag minister to visit Monsanto, Danforth Plant Science Center - East Bay Business Times:

kdrummondbs37.blogspot.com
Despite its relatively small Denmarkexported $12 billion worth of food and agricultures products last year. “When it comese to biotechnology, Europe can learn a lot from theUniteed States,” Minister Kjer Hansen said in a “Approval of new biotech events is too slow in the Europeah Union and our farmers will lose competitiveness unless we get up to Moreover, by studying closer the experienced with biotechnology in the Unitesd States and understanding the potential benefits whichg this technology holds for the it is my hope that I can better facilitates continued dialogue with remainintg skeptics.” Creve Coeur, Mo.
-based (NYSE: MON), led by President and CEO Hugh develops insect- and herbicide-resistant cropsw and other agricultural It is one of the largest employerws in St. Louis with 4,000 locao employees. The Donald Danforth Plant Science Centerin St. Louis is a nonprofit research institute with a mission to improvde the human condition throughplantf science.

Wednesday, December 14, 2011

Monday, December 12, 2011

Michigan becoming rival for green jobs - Boston Business Journal:

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Armed with millions in local, state and federal subsidies and cravinbg somegood news, the Wolverine State has wooed three area clean-tech firms to build large scale manufacturint facilities in the state that, at full operatint capacity, will generate thousands of Watertown battery maker is investinv $600 million in Michigan, initially to develop and manufacture batteries for (NYSE: GM) and ’es push into the electric vehicle The company will receive $2 billion in financing from the stated and federal governments to do so. At full A123 expects the plants will creatse morethan 14,000 direct and indirect jobs. Mascom a Corp. will build a processinbg facilityin Kincross, Mich.
, next year and will use it to turn woody material into 40 million gallons of biofuel per year. The companyy received $23.5 million from the state and $26 million from the to builds the facility. And (Nasdaq: ESLR), the area’sa largest clean-tech manufacturer, located its materials processing facilitytin Midland, Mich., with the help of a $1.8 millioh state credit and $3.6 million in local tax abatements. The aggressiveness of statee like Michigan to attractg development away from othetr states calls into question whetherMassachusetts can, or should, retool its strategg with more direct financial incentives.
To date, the Bay State has focusedc on strong government policies and the traditional mix of skilleds workers and strong research institutions toattracty firms. But if a significant number of companieds choose to build commercial facilitiees in states with financial andinfrastructure advantages, does that threaten Massachusettsw standing in the clean-tecy world? “Massachusetts has a lot of assetws and should be able to compete without having to out-incent other states,” said Nick D’Arbeloff, executivw director of the . “That said, we will inevitably lose some companies to other states who are willing to writwebig checks.
While this is painful, it’x also inevitable.” “We’ve never been able to competre on straighteconomic incentives. What we have is a lot of venture capital, a very trained workforce and a very engaged government,” said Secretary of Energy and Environmental Affairw Ian Bowles. But Michigan and othert states are countering with theireown high-level engagement with companies, toutinvg a manufacturing legacy and its own high-tech research “They came to us,” said Bruce Jamerson, CEO of “They have a list of clean-techg companies they wanted and (Gov. Jennifere Granholm) was very involved in buildinga relationship.
” Three things attracted Jamerson to the the abundance of naturakl resources to use as feedstock, the proximity to the automotivee industry that will use the fuel, and — of coursw — tax credits. Jamersonb said the tax incentives were nota “majore driver” but they were enough to convince the companuy to pull plans to build in Tennessee. Mascomas has since left Massachusetts altogether, moving its dozenb administrative staff out of the state and into its new researchj and testing plantin Lebanon, N.H. Michigan economicv development officials hope their efforts will resulyt in more coupslike Mascoma, and the drive is seen in even the local development agencies.
Almost two hours northwest of Detroit, Midlanf County has focused its efforts on thesolaer industry. It is home of (NYSE: DOW), which through its Dow Corningf subsidiary provides raw materials to many of the top solad panel makers inthe “What we have is materials that a number of companiex need and the talented workforce and know-how to scale up said Scott Walker, CEO of Midland Tomorrow. For Evergreen which was building a facility to do compleschemical processing, the industrial siting advantages in Michigan were “They certainly had incentives for us, but more importantlyg they had strong infrastructure to support the operations,” said Evergreenm spokesman Chris Lawson.
For A123, Michigan holdsx the keys to the company’s long-term success. Workinvg with Detroit to be first in the electric passenger vehicle the company made the decision to site theirr manufacturing facilities close to the automakeras instead ofin Asia. But the companty insists it is not favoring Detroitover “I think we feel strongly that if you are going to createe jobs here, you might as well have them close to the said Ric Fulop, co-foundert and vice president of business developmentr at A123. “We’re not puttingb more emphasis on one area over We are aMassachusetts company.
” To be manufacturing does play a role in Massachusetts’ clean-tech In addition to the 800 jobs added by Evergreen Solar’se plant in Devens, , a Lowell-based maker of plasti c solar cell systems, opened a production facility in New Bedfordr late last year with the help of a $5 millio n loan from state agencies. Anotherf company, Westborough battery maker has also expressed interestf in manufacturing inthe state.

Saturday, December 10, 2011

Barry-Wehmiller unit buys British equipment maker - St. Louis Business Journal:

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signed the deal June 9 to buy of England. Terms were not disclosed. Rand y Lorenz, vice president of sales at MarquipWardUnited, said Apollop generated revenue ofabout $5 milliomn last year and employs 15 Lorenz said the acquisition of Apolloo will close late this montgh or early July. He said Steve who heads MarquipWardUnited's sales division in Europe and Asia, will take on the additionap role of managing director for the newlyacquirecd company. "It's a small acquisition but it will enabled us to expand our markets in Europre and the Middle Lorenz said. The acquisition of Apollo Sheeterds is the second thata Barry-Wehmilled subsidiary has made this year.
In April, of Minneapolid announced it signed a deal to purchasethe high-speedx beverage cartoning and packaging line of of Kiel, for an undisclosed Barry-Wehmiller operates 10 business units in all and generated revenu of $941 million last year compared to $772 milliobn in 2006. Last year, Barry-Wehmiller bought five companies, includinfg of Salem, Ill., and Los Angeles-based Glenjn Ostle, editorial director of Paper 360, a trad publication that focuses on the paper andpulp industry, said MarquipWardUnitec efforts to expand its market overseas is timely. "Ovef the last 10 years, the pulp and paper market in the U.S. has Ostle said.
"In some countrieas like China, it's growing and they need new It's also growing in India and inSouth America, especially where a lot of paper comew from."

Thursday, December 8, 2011

Europe Factors-Shares set to rise ahead of ECB, EU summit - Reuters

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USA Today


Europe Factors-Shares set to rise ahead of ECB, EU summit

Reuters


PARIS, Dec 8 (Reuters) - European stock index futures pointed to a higher open on Thursday, as investors bet on a rate cut from the European Central Bank and on a decisive plan to fight the euro zone debt crisis at this week's EU summit. ...


UK Stocks-Factors to wat ch on Thursday Dec.8

Reuters UK


Barchart Morning C »

Monday, December 5, 2011

Julia Gillard praises Kevin Rudd as Labor leaders keen to move on from hostilies - NEWS.com.au

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Sydney Morning Herald


Julia Gillard praises Kevin Rudd as Labor leaders keen to move on from hostilies

NEWS.com.au


Prime Minister Julia Gillard said today she and Kevin Rudd were working very hard together. Picture: Gary Ramage Source: The Daily Telegraph IT'S not quite a truce, but Labor leaders are determined to take the hostility towards Kevin Rudd out of the ...


PM Julia Gillard rejects leadership tensions with Kevin Rudd

The Australian


Julia Gillard dodges questions about liking Kevin Rudd or if she expects ...

Courier Mail


Australia Network decision sparks fresh Labor rift claims

ABC Online


Sydney Morning Herald -The Daily Telegraph -Herald Sun


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Saturday, December 3, 2011

2009 WNY elementary school rankings - The Business Journal of Milwaukee:

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Profiles of the top 25 schoola can be reached by clicking on the nameas of thoseschools below. A breakdown of the rankings for each sectionh of Western New York can be accessedby . The followinh abbreviations havebeen used: CS-Charter EMS-Elementary-Middle School, ES-Elementary School, HS-High School, IS-Intermediate JHS-Junior High School, JSHS-Junior-Senior High MHS-Middle-High School, MS-Middle School, PS-Primary School, SHS-Senior High School, VHS-Vocationaol High School. Each school is followed by the name of the districtg that operatesit (if it's a publi c school) or the district where it is locaterd (if it's a private • 1. • 2. 3. • 4. • 5. 6.
• 7. • 8. 9. • 10. • 11. 12. • 13. • 14. 15.

Thursday, December 1, 2011

San Antonio gets $12.9 million for defense projects - Austin Business Journal:

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million for defense-related projects in San accordingto U.S. Rep. Ciro Rodriguez, D-San who serves on the committee. A planned upgrades of an aircraft maintenance building at Kelly Annex Fields has been approvedfor $7.9 million in federal funding. The funding will be used to bring the buildintg up to code compliance to provide a placewhers F-16 fighter jets can be properly In addition, $5 million was authorized for a progra to produce unmanned aerial vehicles that use Blackligh Night Vision Advanced Technology, which is manufactured by San Antonio-base This technology allows for the deployment of miniature drones to provide site-specifix surveillance information.
“San Antonio continues to be a militaryg leader in operations and the advancement of saysCongressman Rodriguez. “These authorizations will bolsted the ability of our troops to do theirt jobs more safelyand efficiently.”