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):

hyperwave-exhausted.blogspot.com
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:

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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.